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LEMAITRE VASCULAR INC

For the period ended Dec 31, 2024. Filed Feb 28, 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.

FY2024 · Filed Feb 28, 2025

LMAT$81.16+0.3%Stored close · as of Nov 9, 2026

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

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Contents

PART I

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this Annual Report on Form 10-K, including, without limitation, statements regarding our future results of operations and financial position, business strategy, and plans and objectives of management for future operations, are forward-looking statements. These statements involve known and unknown risks, uncertainties, and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements.

In some cases, you can identify forward-looking statements by terms such as “may,” “might,” “should,” “expects,” “plans,” “anticipates,” “will,” “would,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this Annual Report on Form 10-K are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we reasonably believe may affect our business, financial condition, and results of operations. These forward-looking statements speak only as of the date of this Annual Report on Form 10-K and are subject to a number of risks, uncertainties, and assumptions described in the “Risk Factors” section and elsewhere in this Annual Report on Form 10-K. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Some of the key factors that could cause actual results to differ from our expectations include:

•competition from other medical device companies and alternative medical technologies;
•our ability to source, acquire, and integrate acquisitions;
•our ability to increase the selling prices of our products;
•our ability to maintain historic levels of profit growth;
•our dependence on sole- or limited-source suppliers;
•our implementation of our new enterprise resource planning system;
•disruptions to our information technology systems or breaches of our information security systems;
•our ability to engage sales call points other than vascular surgeons;
•our ability to procure, process, and preserve human tissue and comply with relevant regulatory requirements;
•the impact of a disruption in our manufacturing facilities;
•our ability to navigate the risks inherent in operating internationally;
•our ability to transition to direct sales models in certain international territories;
•the status of our regulatory approvals and compliance with regulatory requirements to market and sell our products both domestically and internationally;
•the occurrence of litigation relating to product liability, employment matters, intellectual property, contract disputes, and other commercial matters;
•the occurrence of product defects or recalls;
•our ability to service and repurchase our debt;
•the dilutive effect of a conversion of our debt;
•our ability to navigate executive officer transitions and retain key personnel;
•our ability to protect our intellectual property; and
•volatility in the price of our common stock.

We undertake no obligation to update any of the forward-looking statements contained in this Annual Report on Form 10-K after the date of this report, except as required by law or the rules and regulations of the U.S. Securities and Exchange Commission, or SEC.

The following discussion should be read in conjunction with our consolidated financial statements and the related notes contained elsewhere in this Annual Report on Form 10-K and in our other SEC filings.

Unless the context indicates otherwise, references to“LeMaitre,”* “LeMaitre Vascular,” “the Company,” “we,” “our,” and*“us”* in this Annual Report on Form 10-K refer to LeMaitre Vascular, Inc. and its subsidiaries.*

LeMaitre, AlboGraft, AnastoClip, AnastoClip GC, Artegraft, Cardial, CardioCel, DuraSure, Eze-Sit, Glow‘N Tell, LeverEdge, LifeSpan, OmniFlow, PhasTipp, Pruitt, Pruitt F3, RestoreFlow, Syntel, TufTex, VascuCel, VascuTape, and XenoSure are registered trademarks of LeMaitre Vascular or one of its subsidiaries, and Chevalier and Flexcel are trademarks of LeMaitre Vascular. This Annual Report on Form 10-K also includes the registered and unregistered trademarks of other persons, which are the property of their respective owners. Solely for convenience, trademarks and trade names referred to in this report may appear without the®* or TM symbols.*

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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.