PIONEER POWER SOLUTIONS, INC. 10-K

ITEM 2. PROPERTIES. Approximate Owned or s quare l ease Location Description f ootage e xpiration date Santa Fe Springs, California Manufacturing, sales, engineering and administration 40,000 August 2024 Champlin, Minnesota Manufacturing, sales, service and warehouse 16,000 March 2026 Miami, Florida Sales, service and warehouse 3,600 December 2024 Fort Lee, New Jersey Corporate management and sales office 2,700 December 2025 We believe our facilities are well maintained, in proper condition to operate at higher than current levels and are adequately insured. We do not anticipate significant difficulty in renewing or extending existing leases as they expire, or in replacing them with equivalent facilities or office locations. 18