BALCHEM CORP 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds The following table summarizes the share repurchase activity for the nine months ended September 30, 2025: Total Number of Shares Purchased (1) Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs (2)(3) January 1-31, 2025 — $ — — $ 103,418,864 February 1-28, 2025 32,369 $ 161.90 32,369 $ 95,302,085 March 1-31, 2025 500 $ 167.48 500 $ 98,501,855 First Quarter 32,869 32,869 April 1-30, 2025 49,616 $ 156.24 49,616 $ 84,139,744 May 1-31, 2025 155,055 $ 164.24 155,055 $ 62,982,137 June 1-30, 2025 294 $ 158.35 294 $ 60,675,920 Second Quarter 204,965 204,965 July 1-31, 2025 1,030 $ 156.17 1,030 $ 59,681,644 August 1-31, 2025 65,416 $ 161.32 65,416 $ 51,095,995 September 1-30, 2025 29,314 $ 160.49 29,314 $ 46,127,486 Third Quarter 95,760 95,760 Total 333,594 333,594 (1) The Company repurchased shares from open market purchases and/or withheld shares from employees in connection with the tax settlement of vested shares under the Company's omnibus incentive plan. (2) Our Board of Directors has approved a stock repurchase program. The total authorization under this program is 3,763,038 shares. Since the inception of the program in June 1999, a total of 3,475,622 shares have been purchased. Other than shares withheld for tax purposes, as described in footnote 1 above, the Company also repurchased shares under the Company's stock repurchase program during the three and nine months ended September 30, 2025. There is no expiration for this program. (3) Dollar amounts in this column equal the number of shares remaining available for repurchase under the stock repurchase program as of the last date of the applicable month multiplied by the monthly average price paid per share. 36 Table of Contents