WOLFSPEED, INC. 10-K

Item 2. Properties Our corporate headquarters, primary research and development operations, and primary manufacturing operations are located within the Durham, North Carolina facilities that we own and sit on 141 acres of owned land. Our products are also produced at our owned manufacturing facility located in Research Triangle Park (RTP), North Carolina, and at leased facilities in Morgan Hill, California and Fayetteville, Arkansas. Our RTP facility sits on 55 acres of owned land. In addition, we recently opened a new Silicon Carbide device fabrication facility on 55 acres of leased land in Marcy, New York, to expand capacity for our Silicon Carbide device business. Some of our products are also produced at contract manufacturing facilities throughout Asia. We maintain captive lines at some of our contract manufacturers. We also maintain sales and support offices in leased office premises in North America, Asia, and Europe. Details on our significant owned and leased facilities as of June 26, 2022 are as follows: Location Principal Use Approximate square footage Owned Facilities Durham, North Carolina Administrative, Production and R&D 995,000 Marcy, New York Production 557,000 Research Triangle Park, North Carolina Production 189,000 Leased Facilities Morgan Hill, California Production 84,000 Fayetteville, Arkansas R&D/Production 33,000 Item 3. Legal Proceedings The information required by this item is set forth under Note 15, “Commitments and Contingencies,” in our consolidated financial statements included in Item 8 of this Annual Report and is incorporated herein by reference. Item 4. Mine Safety Disclosures Not applicable. 25 Table of Contents PART II