MANNATECH INC
For the period ended Dec 31, 2024. Filed Mar 26, 2025.
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FY2024 · Filed Mar 26, 2025
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Item 2. Properties
We lease property at several locations for our headquarters anddistribution facilities, including:
| Location | Area | Expiration date |
|---|---|---|
| Flower Mound, Texas (corporate headquarters) | 52,992 sq. feet | June 2028 |
| St. Leonards, Australia (Australian headquarters) | 1,668 sq. feet | June 2026 |
| Minago-Ku Tokyo, Japan (Shinagawa Grand Central Tower) | 3,497 sq. feet | April 2025 |
| Yeongnam Tower, Sincheon-dong, (Daegu Center) | 3,557 sq. feet | June 2025 |
| Gangnam-gu, Seoul, Korea (Republic of Korea headquarters) | 10,596 sq. feet | June 2025 |
| Gangnam-gu Seoul, Korea (Seoul training center) | 18,441 sq. feet | June 2025 |
| Haewoondae-gu, Busan, Korea (Pusan training center) | 6,800 sq. feet | March 2027 |
| Incheon, South Korea (Incheon training center) | 7,754 sq. feet | April 2025 |
| Taiwan Bldg 13F Taipei City (Shu-Yeng CHEN) | 93 sq. feet | August 2025 |
| Tsuen Wan, New Territories, Hong Kong (office) | 5,306 sq. feet | July 2025 |
| Hengqin, Zhuhai, China (office) | 930 sq. feet | September 2025 |
| Tianhe, Guangzhou, China (office) | 110 sq. feet | July 2026 |
| Richmond, British Columbia, Canada (Canada training center) | 1,963 sq. feet | September 2025 |
| Bedfordview, South Africa (office) | 4,123 sq. feet | N/A (1) |
| Guadalajara, Mexico (customer service center) | 4,187 sq. feet | March 2026 |
| Mexico City, 1st flr Mexico (customer service center) | 1,324 sq. feet | August 2025 |
| Mexico City, 3rd flr Mexico (office) | 1,324 sq. feet | August 2025 |
| Colima, Mexico (office) | 732 sq. feet | December 2025 |
| Amsterdam, Netherlands (shared office space) | 50 sq.feet | August 2025 |
| Bangkok, Thailand (CW Tower) (Unit 404) | 397 sq. feet | March 2026 |
(1) Renewable monthly.
To maximize our operating strategy and minimize costs, we contract with third-party distribution and fulfillment facilities in our three regions: (i) the Americas, (ii) EMEA and (iii) Asia/Pacific. By entering into these third-party distribution facility agreements, our offices maintain flexible operating capacity, minimize shipping costs, and are able to process an order within 24-hours after order placement and receipt of payment.
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