+Added: Below is a summary of our material leased properties as of December 31, 2021:
Our corporate headquarters are located in South San Francisco, California, comprising 148,020 square feet of office, research and development, engineering and laboratory space pursuant to a lease agreement which commenced on April 12, 2019 and expires on April 30, 2029, with an option to extend for a period of ten years.
−Removed: This facility houses all our personnel.
+Added: This facility houses the majority of our personnel.
+Added: The build-out of a 65,000 square foot clinical manufacturing site in Salt Lake City, Utah ("SLC Facility") has been initiated.
+Added: The lease ("SLC Lease") will commence when the space is available for use, which is anticipated to be during 2022, and is expected to terminate in 2031.
+Added: We have the option to extend the lease for a further eight years at the end of the lease period.
+Added: Our European headquarters encompasses office space in a shared facility located in Zürich, Switzerland.
+Added: The current lease agreement is through at least June 2022, with the option to renew.
+Added: The lease terms provide flexibility to increase our space allocation on short term notice.
We believe that our existing premises are adequate for our current needs.
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