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APPLIED INDUSTRIAL TECHNOLOGIES INC

For the period ended Jun 30, 2025. Filed Aug 15, 2025.

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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 Aug 15, 2025

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AIT$283.39+0.9%Stored close · as of Nov 6, 2026

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Item 2.

We believe having a local presence is important to serving our customers, so we maintain service centers and other operations in local markets throughout the countries in which we operate. At June 30, 2025, we owned 113 and leased 438 real properties. Certain properties house more than one operation.

The following were our principal owned real properties (each of which has more than 50,000 square feet of floor space) at June 30, 2025:

Location of Principal OwnedReal PropertyType of Facility
Cleveland, OhioCorporate headquarters
Atlanta, GeorgiaDistribution center, service center, hose shop and reducer assembly shop
Florence, KentuckyDistribution center, hose shop and reducer assembly shop
Baldwinsville, New YorkFluid power shop
Carlisle, PennsylvaniaDistribution center and hose shop
Fort Worth, TexasDistribution center and rubber shop

Our principal leased real properties (each of which has more than 50,000 square feet of floor space) at June 30, 2025 were:

Location of Principal LeasedReal PropertyType of Facility
Fontana, CaliforniaDistribution center, rubber shop, fluid power shop, and service center
Newark, CaliforniaFluid power shop
Midland, MichiganFlow control shop
Strongsville, OhioOffices and warehouse
Portland, OregonDistribution center, hose shop and reducer assembly shop
Sherwood, OregonAutomation operation
Austin, TexasFluid power shop
Dallas, TexasFluid power shop
Houston, TexasFluid power shop
Stafford, TexasOffices, warehouse, and flow control shop
Longview, WashingtonService center, rubber shop, and fluid power shop
Nisku, AlbertaOffices, service center, shop, and distribution center
Saskatoon, SaskatchewanDistribution center, service center and shop

The properties in Baldwinsville, Newark, Midland, Stafford, Austin, Houston and Dallas are used in our Engineered Solutions segment. The Fontana and Longview properties are used in both the Service Center segment and the Engineered Solutions segment. The remaining properties are used in the Service Center segment.

We consider our properties generally sufficient to meet our requirements for office space and inventory stocking.

A service center's size is primarily influenced by the amount and types of inventory required to meet customers' needs.

When opening new operations, we have tended to lease rather than purchase real property. We do not consider any service center, distribution center, or shop property to be material, because we believe that, if it becomes necessary or desirable to relocate an operation, other suitable property could be found.

In addition to the above operating facilities, we own or lease certain properties which in the aggregate are not material and are either for sale, lease, or sublease to third parties due to a relocation or closing. We also may lease or sublease to others unused portions of buildings.

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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.