NOVANTA INC 10-K

Item 2. Properties Our principal owned and leased properties as of December 31, 2020 are listed in the table below. Location Principal Use Current Segment Approximate Square Feet Owned/Leased Bedford, Massachusetts, United States Manufacturing, R&D, Marketing, Sales and Administration Photonics, Precision Motion & Corporate 147,000 Leased; expires in 2031 Ludwigsstadt, Germany Manufacturing Vision 105,000 Owned Mukilteo, Washington, United States Manufacturing, R&D, Marketing, Sales and Administration Photonics 63,000 Owned Syracuse, New York, United States Manufacturing, R&D, Marketing, Sales and Administration Vision 55,000 Leased, expires in 2029 Suzhou, People’s Republic of China Manufacturing, R&D, Marketing, Sales and Administration Photonics, Vision & Precision Motion 55,000 Leased; expires in 2023 Poole, United Kingdom Manufacturing, R&D, Marketing, Sales and Administration Precision Motion 51,000 Building owned; land leased through 2078 Berlin, Germany R&D, Marketing, Sales and Administration Vision 51,000 Leased; expires in 2026 Additional manufacturing, research and development, sales, service and logistics sites are located in California, Florida, New York, Arizona and Oregon within the United States, and in Germany, United Kingdom, Czech Republic, Japan, China, Spain and Italy. These additional facilities cover approximately 360,000 square feet, of which approximately 300,000 square feet are leased and approximately 60,000 square feet are owned. These facilities are used by our Photonics, Vision and Precision Motion segments. We consider our facilities suitable and adequate for the purposes for which they are used and do not anticipate difficulty in renewing existing leases or in finding alternative facilities. We believe all our properties have been properly maintained. Item 3. Legal Proceedings The Company is subject to various legal proceedings and claims that arise in the ordinary course of business. See Note 17 to Consolidated Financial Statements for additional information about legal proceedings involving the Company. Item 4. Mine Safety Disclosures Not applicable. 29 PART II