What changed in this filing

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Item 2. Properties

2026-02-25 compared with 2025-03-03 · 18 added, 8 removed, 3 unchanged (90% of the section changed)

To support our global operations, we occupy approximately 3.8 million square feet of office, manufacturing and warehouse space - primarily located in the U.S., Spain and Brazil.

Our corporate headquarters are located in Albuquerque, New Mexico and consists of approximately 11,600 square feet of office space and approximately 58,000 square feet of manufacturing, warehousing and shipping facilities - all of which we own.

To support our global operations, we occupy approximately 4.0 million square feet of office, manufacturing, and warehouse space in the U.S.

and internationally.

Our corporate headquarters is located in Albuquerque, New Mexico.

It consists of approximately 11,600 square feet of office space and approximately 283,000 square feet of manufacturing, warehousing, and shipping facilities, of which we own approximately 69,600 square feet.

We also lease approximately 74,000 square feet of office space in Chandler, Arizona for our corporate staff.

To conduct our U.S.

domestic warehousing operations, we lease approximately 1,400,000, 465,000, 337,000, 300,000, 180,000, 154,000, and 114,000 square feet of space in KS, TN, OH, TX, NV, AZ, and NM, respectively.

To support our international operations, in Spain, we own approximately 2,000 square feet office space and lease approximately 11,000 square feet for our STI corporate staff.

In Brazil we lease approximately 11,000 square feet of office space.

To conduct our international manufacturing and warehouse operations, in Spain, we own approximately 27,000 square feet and lease approximately 40,000 square feet and in Brazil we lease approximately 783,000 square feet of space.

In the rest of the world, we lease approximately 2,000 square feet of office space for sales and technical support employees.

With the APA Acquisition, we added approximately 49,000 square feet of leased office space in Ridgeville Corners, Ohio.

To support our U.S.

operations, we lease approximately 2.5 million square feet of warehousing and manufacturing space, inclusive of APA, across various facilities in the U.S., including Kansas, Tennessee, Ohio, Texas, Nevada, New Mexico, and Connecticut.

facilities are primarily used by our Array Legacy segment.

In May 2024, we entered into a triple-net lease for an approximately 216,000-square-foot mixed-use facility in Bernalillo County, New Mexico.

The facility includes approximately 176,000 square feet of manufacturing space and approximately 40,000 square feet of office and laboratory space.

We took control of the facility in the fourth quarter of 2025 and construction is expected to be completed in March 2026.

We expect to commence production at the facility in the first half of 2026.

International Properties

To support our international operations, we own and lease properties in Spain and Brazil.

In Spain, we own approximately 2,000 square feet of office space and lease approximately 16,000 square feet of office space for our STI corporate staff working under our STI Operations segment.

For our international manufacturing and warehousing needs, we own approximately 27,000 square feet and lease approximately 40,000 square feet in

In Brazil, we lease approximately 11,000 square feet of office space and lease approximately 610,000 square feet of warehousing and manufacturing space.

Our Spain and Brazil facilities are primarily used by our STI Operations segment.

We believe our existing facilities are in good condition and are sufficient and suitable for the conduct of our business for the foreseeable future.

1 unchanged sentence

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties