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DMC Global Inc.

For the period ended Dec 31, 2025. Filed Feb 23, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 23, 2026

BOOM$8.12+15.8%Stored close · as of Nov 9, 2026

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Contents

Item 2. Properties

Corporate Headquarters

Our corporate headquarters currently are located in Broomfield, Colorado. The office is also used for NobelClad’s U.S. administrative offices.

LocationProperty TypeApproximate Property SizeOwned/LeasedExpiration Date of Lease(if applicable)
Broomfield, ColoradoCorporate and Sales Office18,000 sq. ft.LeasedSeptember 30, 2029, with renewal option for 60 months

Arcadia Products owns a manufacturing site and sales office in Vernon, California and leases other manufacturing and distribution centers throughout the United States. The table below summarizes Arcadia Products’ material properties, including their location, type, size, whether owned or leased and expiration terms, if applicable, as of December 31, 2025.

LocationProperty TypeApproximate Property SizeOwned/LeasedExpiration Date of Lease(if applicable)
Vernon, CaliforniaCorporate office, metal shop building, warehouse27,000 sq. ft.Owned
Land for office, paint shop, anodizing line1 acreOwned
Land for office, paint shop, anodizing line2 acresLeasedMay 31, 2046
Vernon, CaliforniaLand for parking40,000 sq. ft.LeasedMarch 31, 2027
Vernon, California (1)Office, paint shop112,000 sq. ft.LeasedDecember 22, 2026, with renewal option for 60 months
Vernon, California (1)Office, warehouse111,000 sq. ft.LeasedDecember 22, 2026, with renewal option for 60 months
Hayward, California (1)Distribution, light assembly46,000 sq. ft.LeasedDecember 22, 2027
West Sacramento, California (1)Distribution, light assembly16,000 sq. ft.LeasedDecember 22, 2027
Stamford, Connecticut (1)Office, warehouse39,000 sq. ft.LeasedDecember 22, 2026, with renewal option for 12 months
Phoenix, Arizona (1)Office, warehouse52,000 sq. ft.LeasedDecember 22, 2026, with renewal option for 24 months
Las Vegas, Nevada (1)Office, warehouse89,000 sq. ft.LeasedDecember 22, 2026, with renewal option for 24 months
Tucson, Arizona (1)Office, paint shop, warehouse107,000 sq. ft.LeasedDecember 22, 2026, with renewal option for 60 months
Waipahu, HawaiiDistribution, light assemblyBuilding: 13,000 sq. ft.Land: 22,000 sq. ft.LeasedMay 31, 2028
South Gate, CaliforniaOffice, manufacturing46,000 sq. ft.LeasedDecember 31, 2027
South Gate, CaliforniaOffice, manufacturing, storageBuilding: 25,000 sq. ft.Land: 45,000 sq. ft.LeasedApril 30, 2027
Houston, TexasOffice, warehouse43,000 sq. ft.LeasedNovember 30, 2028, with renewal option for 60 months
Dallas, TexasOffice, warehouse87,000 sq. ft.LeasedDecember 31, 2028
Kent, WashingtonDistribution, light assembly25,000 sq. ft.LeasedMay 31, 2029

(1) These leases are with entities affiliated with the holder of the redeemable noncontrolling interest holder and president of Arcadia Products. During the year ended December 31, 2025, DMC recorded $4,666 in lease expense related to these properties.

DynaEnergetics leases a manufacturing site and administration office in Troisdorf, Germany. Subsequent to December 31, 2025, the lease for this property was extended effective January 1, 2026, through December 31, 2036, with options to renew the lease which would then extend through December 31, 2046. In the U.S., DynaEnergetics owns manufacturing and assembly sites in Texas and leases storage bunkers and office and warehouse space in various cities throughout Texas. DynaEnergetics also leases office and warehouse space and bunkers for storage of its explosives in Alberta, Canada.

The table below summarizes DynaEnergetics’ material properties, including their location, type, size, whether owned or leased and expiration terms, if applicable, as of December 31, 2025, unless otherwise noted.

LocationProperty TypeApproximate Property SizeOwned/LeasedExpiration Date of Lease(if applicable)
Troisdorf, Germany (1)Manufacturing and administration office85,000 sq.ft.LeasedDecember 31, 2036, with renewal option for 120 months
Troisdorf, GermanyOffice5,000 sq. ft.LeasedFebruary 28, 2027
Liebenscheid, GermanyManufacturing and office6,000 sq. ft.Owned
Liebenscheid, GermanyLand78,000 sq. ft.Owned
Houston, TexasOffice11,000 sq. ft.LeasedNovember 30, 2026
Blum, TexasOffice, warehouse, and manufacturing83,000 sq. ft.Owned
Blum, Texas (2)Warehouse10,000 sq. ft.Owned
Blum, TexasLand for office, warehouse, and manufacturing284 acresOwned
Midland, TexasLand13 acresLeasedApril 1, 2029
Whitney, TexasWarehouseBuilding: 30,000 sq ftLand: 4 acresLeasedOctober 31, 2029
Whitney, TexasOffice, warehouse, and manufacturing36,000 sq. ft.Owned
Alberta, CanadaOffice and warehouse8,000 sq. ft.LeasedAugust 31, 2030

(1) Subsequent to December 31, 2025, this lease was extended effective January 1, 2026 through December 31, 2036.

(2) The Blum, Texas warehouse is separate from the main Blum manufacturing campus.

NobelClad owns its principal domestic manufacturing site, which is located in Mount Braddock, Pennsylvania. We currently lease our domestic cladding site located in Dunbar, Pennsylvania to support our Mount Braddock facility. The lease for the Dunbar property will expire on May 6, 2029, but we have options to renew the lease which would then extend through May 6, 2054.

NobelClad owns a manufacturing site in Liebenscheid, Germany as well as a mine used as a cladding site in Dillenburg, Germany. We purchased the buildings and land around the Dillenburg mine in 2022. NobelClad leases the building housing its sales and administrative office in Perpignan, France.

The table below summarizes NobelClad’s material properties, including their location, type, size, whether owned or leased and expiration terms, if applicable, as of December 31, 2025.

LocationProperty TypeApproximate Property SizeOwned/LeasedExpiration Date of Lease(if applicable)
Mt. Braddock, PennsylvaniaClad plate manufacturing and administration officeLand: 14 acresBuildings: 101,000 sq. ft.Owned
Dunbar, PennsylvaniaCladding siteLand: 322 acresBuildings:16,000 sq. ft.LeasedMay 6, 2029, with renewal options through May 6, 2054.
Lemont Furnace, PennsylvaniaManufacturing16,000 sq. ftLeasedNovember 30, 2027
Tautavel, France (1)Cladding site116 acresOwned
Perpignan, FranceAdministration and sales office4,000 sq. ftLeasedSeptember 30, 2029, with renewal options for additional three-year periods.
Burbach-Würgendorf, GermanyStorage224 sq. metersLeasedDecember 31, 2050
Dillenburg, GermanyCladding siteLand: 19 acresBuildings: 46,000 sq. ft.Owned
Liebenscheid, GermanyManufacturingLand: 10 acresBuildings: 125,000 sq. ft.Owned

(1) Though NobelClad is no longer performing manufacturing activities in France, it owns this land in order to have access to a redundant cladding site.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.