INTEGRATED BIOPHARMA INC

Warehouse and office facilities are leased from Vitamin Realty, which is 100% owned by the estate of our former Executive Chairman of the Board, President and major stockholder of the Company and our Co-Chief Executive Officers who are also directors of the Company. On January 5, 2012, MDC, a wholly-owned subsidiary of the Company, entered into a second amendment to the lease (the “Second Lease Amendment”) with Vitamin Realty for its office and warehouse space in Hillside, New Jersey increasing its rentable square footage from an aggregate of 74,898 square feet to 76,161 square feet and extending the expiration date to January 31, 2026. On July 15, 2022, MDC entered into a third amendment to the lease (the “Third Lease Amendment”) with Vitamin Realty, increasing its rentable square footage to 116,175. This Third Lease Amendment provides for minimum annual rental payments of $842, plus increases in real estate taxes and the building operating expenses allocation percentage and was effective as of July 1, 2022.

We also own a 40,000 square foot manufacturing facility in Hillside, New Jersey. The space is utilized for MDC’s tablet and capsule manufacturing operations.

In December 2022, MDC Warehousing and Distribution, Inc. entered into a lease agreement for 12,500 square feet of warehouse space in Elizabeth, New Jersey. This lease provides for minimum annual rent payments starting at $134 in year one, with a gradual increase to $150 by year 5. The lease expiration date is November 30, 2027.

On October 22, 2014, AgroLabs entered into a lease agreement for an office suite located in Miami, Florida and on December 18, 2023, AgroLabs renewed and converted this lease from an office suite to an office sharing month to month arrangement with minimum annual payments of $2. This renewed lease will expire in February 2029, if not terminated with written notice prior to the expiration date.