USBC, Inc.

Properties and Operating Leases

During the fiscal year ended September 30, 2025, as previously disclosed, we changed the address of our principal executive offices to Reno, Nevada.

On March 2, 2024, we signed a lease for 5,996 square feet of executive and research and testing facilities at 619 Western Avenue, Suite 610, Seattle, Washington 98104, at a net monthly payment of $11,492, subject to 3% annual increases after the first year. The lease commenced on May 1, 2024 and is originally scheduled to terminate on July 31, 2027. On July 9, 2025, we entered into a Deferred Rent Agreement whereby we paid $31,932 and deferred $91,094 until the lease expires in 2027. As a result, the monthly lease payment is approximately $8,000 per month.

We do not own any real property. We believe that our existing leased facilities, together with our ability to obtain suitable additional physical office space as needed, are adequate to support our operations for the immediate future.