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Scholar Rock Holding Corp

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

SRRK$51.55+9.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

9. Leases

Operating Lease

In November 2019, the Company entered into a lease of office and laboratory space at 301 Binney Street in Cambridge, Massachusetts to be used as its new corporate headquarters (the “Lease”). The expiration date of the Lease was originally in August 2025 and included anoption to extend the term bytwo years. The base rent under the original Lease was $6.9 million per year, subject to an annual increase of 3.5%. Variable lease payments include the Company’s allocated share of costs incurred and expenditures made by the landlord in the operation and management of the building. The Lease included incentives of $14.1 million in the form of an allowance for tenant improvements related to the design and build out of the space. In connection with the Lease, the Company has secured a letter of credit for $2.3 million which renews automatically each year.

In May 2024, the Company entered into the First Amendment (the “Lease Amendment”) to the Lease to extend the term for approximatelytwo years, commencing on August 19, 2025 (the “First Extension Term”) with the base rent to start at approximately $6.2 million per year, followed by a 3% annual increase. Pursuant to the Lease Amendment, the Company also has anoption to extend the term of the Lease byfive years, upon the expiration of the First Extension Term.

In October 2025, the Company entered into a lease of office space in Zug, Switzerland (the “Switzerland Lease”). The Switzerland Lease commencement date was January 1, 2026, which is when the Company gained access to the space under the terms of the lease. The Switzerland Lease has an expiration date of December 31, 2029, with a minimum term oftwelve months. The base rent under the Switzerland Lease is CHF 276,000 per year.

Other information related to the leases are as follows (in thousands, except lease term and discount rate):

Three Months Ended June 30, · Six Months Ended June 30,
2026 · 2025 · 2026 · 2025
Lease cost:
Operating lease cost$1,807$1,714$3,617$3,428
Variable lease cost407380855772
Total lease cost$2,214$2,094$4,472$4,200
Six Months Ended June 30,
20262025
Other information:
Operating cash flows used for operating leases$3,366$4,101
Weighted average remaining lease term1.52.2
Weighted average incremental borrowing rate11.8%13.1%
  1. Commitments and Contingencies

Legal Proceedings

The Company, from time to time, may be party to litigation arising in the ordinary course of its business. Although the results of litigation and claims cannot be predicted with certainty, the Company does not believe they are party to any claim or litigation the outcome of which, if determined adversely to the Company, would individually or in the aggregate be reasonably expected to have a material adverse effect on the Company’s business.

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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.