FRANKLIN STREET PROPERTIES CORP /MA/

Under the discretionary plan component of our change-in-control program, our Board of Directors has the right, but not the obligation, to establish a discretionary pool of funds equal to 1% of our market capitalization immediately prior to the closing of the change-in-control. On December 31, 2025, there were 103,690,340 shares of our Common Stock outstanding and the closing price per share of our Common Stock was $0.95. Accordingly, on December 31, 2025, our market capitalization was $98,505,823, and 1% of our market capitalization equaled $985,058. Because the total amount of payments due and payable to all of our employees (including our Named Executive Officers) under the retention agreement component of our change-in-control program at December 31, 2025 exceeded 1% of our market capitalization at December 31, 2025, no funds would have been available for our Board of Directors to award under the discretionary plan component of our change-in-control program at December 31, 2025. As is the case with the retention agreement component of our change-in-control program, any payments under the discretionary plan component are subject to a possible reduction, if any, after the tax consequences are determined.