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BEYOND MEAT, INC.

For the period ended Jun 27, 2026. Filed Aug 6, 2026.

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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 27, 2026 · Filed Aug 6, 2026

BYND$6.10+1.2%Stored close · as of Nov 9, 2026

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Item 5. Other Information

Rule 10b5-1 Trading Arrangements

During the fiscal quarter ended June 27, 2026, none of the directors or executive officers of the Company adopted, modified orterminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act or any “non-Rule 10b5-1 trading arrangement,” as such term is defined in Item 408(a) of Regulation S-K.

Fifth Amendment to Campus Lease

On July 31, 2026, the Company entered into the Fifth Amendment to Lease with HC Hornet Way, LLC, a Delaware limited liability company (the “Landlord”), amending that certain Lease dated January 14, 2021, as amended by that certain First Amendment to Lease dated as of September 17, 2024, that certain Second Amendment to Lease dated as of May 9, 2025, that certain Third Amendment to Lease dated as of July 16, 2025, and that certain Fourth Amendment to Lease dated as of October 7, 2025 (collectively, the “Campus Lease”), pursuant to which the Company currently leases approximately 220,519 rentable square feet in a portion of a building located at 888 N. Douglas Street, El Segundo, California.

The Fifth Amendment to Lease provides for, among other things, the surrender of approximately 101,612 rentable square feet of the existing premises (the “Surrendered Premises”), a mutual release of claims arising out of, based upon, or relating to any act, omission, event, matter or thing with respect to the Surrendered Premises (subject to specified exceptions, including claims arising from a breach of the Fifth Amendment to Lease), and the continued leasing of approximately 118,907 rentable square feet of the existing premises (the “Remaining Premises”). Approximately 54,749 rentable square feet of the Remaining Premises is currently subleased by the Company to Varda Space Industries, Inc. (the “Subtenant”), subject to increase to approximately 55,109 rentable square feet, under a sublease agreement dated July 22, 2025, as amended.

The consideration for the surrender, the release of claims, and certain other terms in the Fifth Amendment includes, among other things: (a) payment by the Company to the Landlord of $14.0 million, as additional base rent (the “Compromise Rent”), payable in forty-eight (48) monthly installments of approximately $291,667 during the periods February 1, 2027 through April 30, 2027 and August 1, 2028 through April 30, 2032, which installments are included in, and are not in addition to, the monthly base rent amounts for the Remaining Premises set forth in the rent schedule attached to the Fifth Amendment to Lease; (b) performance by the Company, at its sole cost and expense, of specified repair, restoration and removal obligations with respect to the Surrendered Premises and adjacent areas, estimated to cost approximately $2.8 million, including broker fees, which obligations must be completed by August 31, 2026, except for certain items for which a later completion date is specified in the Fifth Amendment to Lease; and (c) payment by the Company of base rent and additional rent attributable to the Surrendered Premises through the date on which the Lease terminates with respect to the Surrendered Premises (the “Surrender Termination Date”), which is expected to occur no later than July 31, 2027, subject to a rent credit to the Company in certain circumstances if the Surrender Termination Date occurs prior to that date.

The Fifth Amendment to Lease also amends the Campus Lease to replace the provisions governing reduction of the letter of credit securing the Company’s obligations under the Campus Lease. Under the amended provisions, the stated amount of the letter of credit will remain at $12,500,000 until the outstanding balance of the Compromise Rent first falls below that amount, which is anticipated to occur on or after October 1, 2028. Thereafter, so long as the Company is not in default under the Campus Lease and has not failed to pay any rent when due, the Company may from time to time—but not more than once in any calendar month, and at its own expense—cause the issuing bank to deliver an amendment reducing the stated amount of the letter of credit to the then-outstanding balance of the Compromise Rent. Each such reduction is subject to the Landlord’s written consent, which the Landlord is required to give if no such default or payment failure exists and the amendment satisfies specified conditions. Following payment of the Compromise Rent in full, the Company may cause the stated amount of the letter of credit to be reduced to zero.

Effective the day following the Surrender Termination Date, the Company’s proportionate share of expenses and charges under the Lease will be reduced from 56.45% to 30.44%. The obligations of the Landlord and the Company under the Fifth Amendment to Lease were conditioned on the execution and delivery of a lease of the Surrendered Premises between the Landlord and a new tenant, which condition has been satisfied.

The foregoing description of the Fifth Amendment to Lease does not purport to be complete and is qualified in its entirety by reference to the Fifth Amendment to Lease, a copy of which is filed as Exhibit 10.8 hereto and incorporated herein by reference.

First Amendment to Sublease

On July 23, 2025, the Company entered into a Sublease Agreement (the “Sublease”) with Varda Space Industries, Inc., a Delaware corporation (“Subtenant”), pursuant to which the Company subleases to Subtenant approximately 54,749 rentable square feet, consisting of approximately 16,967 rentable square feet of improved space (the “Improved Space”) and approximately 37,782 rentable square feet of unimproved space (the “Unimproved Space” and, collectively with the Improved Space, the “Subleased Premises”), in a portion of a building located at 888 N. Douglas Street, El Segundo, California, leased by the Company pursuant to the Campus Lease. The Sublease was made effective as of July 22, 2025, subject to receipt of Master Landlord’s consent to the Sublease, which consent was granted on October 7, 2025.

In connection with the surrender of the Surrendered Premises pursuant to the Fifth Amendment to Lease, the Company entered into that certain First Amendment to Sublease, dated as of July 31, 2026 (the “First Amendment to Sublease”), with Subtenant. The First Amendment to Sublease provides for, among other things: (a) the extinguishment of Subtenant’s rights in and to the Surrendered Premises, including the amendment of the definitions of “Subleased Premises” and “Site Plan” under the Sublease; (b) the transfer of approximately 360 rentable square feet from the Surrendered Premises to the Subleased Premises, increasing the Subleased Premises from approximately 54,749 to approximately 55,109 rentable square feet; (c) the construction by the Company, at its sole cost and expense and by August 31, 2026, of demising walls and an opening to an existing exterior door for emergency exit, and the relocation by the Company, at its sole cost and expense, of the electrical room serving the Subleased Premises; (d) a revised schedule of base rent for the Improved Space, commencing at $52,026 per month and escalating by 3% annually, subject to the rent abatement provided under the Sublease; and (e) an increase in Subtenant’s proportionate share of operating expenses and other charges under the Sublease, which will be 46.35% from and after the termination of the Campus Lease with respect to the Surrendered Premises. The matters described in clauses (a), (b), (d) and (e) take effect upon completion of the work described in clause (c) and delivery of the approximately 360 rentable square feet to Subtenant. The effectiveness of the First Amendment to Sublease was conditioned on the Company and Landlord entering into the Fifth Amendment to Lease, which condition has been satisfied. The effectiveness of the First Amendment to Sublease was also conditioned on the consent of Landlord, which consent was granted pursuant to that certain First Amendment to Consent to Sublease, dated as of July 31, 2026, among the Company, Landlord and Subtenant (the “First Amendment to Consent”).

The foregoing description of the First Amendment to Sublease does not purport to be complete and is qualified in its entirety by reference to the First Amendment to Sublease, a copy of which is filed as Exhibit 10.9 hereto and incorporated herein by reference.

First Amendment to Consent

The First Amendment to Consent amends that certain Consent to Sublease, executed as of October 7, 2025, among the Company, Landlord and Subtenant (the “Original Consent”), and provides for, among other things: (a) Landlord’s consent to the First Amendment to Sublease; and (b) conforming amendments to certain defined terms used in the Original Consent, including the amendment of the definition of “Sublet Space” to refer to approximately 55,109 rentable square feet.

The foregoing description of the First Amendment to Consent does not purport to be complete and is qualified in its entirety by reference to the First Amendment to Consent, a copy of which is filed as Exhibit 10.10 hereto and incorporated herein by reference.

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