Where Food Comes From, Inc.

PROPERTIES

The Company leases approximately 15,700 square feet of office space for its corporate headquarters. Total rental payments are approximately $48,746 per month as of December 31, 2025, which includes common area charges, and are subject to annual increases over the term of the lease. The original lease agreement had an initial term of five years plus two renewal periods. The Company renegotiated the lease in November 2025 for an additional seventeen (17) month period, with the lease terminating December 31, 2027. This space was being leased from The Move, LLC, a company in which our CEO and President, each a related party to the Company, had a 24.3% jointly held ownership interest. In December 2025, The Move, LLC closed on the sale of 100% of its interest in the office space to an unrelated party.

In September 2017, the Company entered into a lease agreement for our Urbandale, Iowa office space. The lease was for a period of two years and expired on August 31, 2019. This lease was amended for a five (5) year renewal period, with the current extension terminating on August 31, 2030. Rental payments are approximately $3,721 per month as of December 31, 2025, which includes common area charges, and are not subject to annual increases over the term of the lease.

In December 2018, the Company entered into a lease agreement in San Ramon, California for SureHarvest office space. In February 2024, the Company entered into a new lease agreement in Danville, CA for a period of thirty-one months, expiring September 30, 2026, with one option to extend the lease for another twenty-four months. Rental payments are approximately $2,904 per month as of December 31, 2025, which includes common area charges, and are subject to annual increases over the term of the lease.

The Company had office space in Victoria, British Columbia, Canada which was leased on a month-to-month basis and payments were approximately Canadian dollar 527 per month. The Company cancelled the lease in May 2025.

In December 2021, the Company entered into a lease agreement for the Medina, North Dakota office space. The lease is for sixty-one months and expires on December 31, 2026. Rental payments are approximately $1,000 per month, which includes common area charges, and are not subject to annual increases over the term of the lease.

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