FirstCash

The following table details material corporate office locations leased by the Company (dollars in thousands):

Description · Location · Square Footage · Lease Expiration Date · Monthly Rental Payment

Administrative offices · Monterrey, Mexico · 50,000 · July 31, 2027 · 56

Administrative offices · Coppell, Texas · 26,000 · June 30, 2029 · 46

Administrative offices · Mexico City, Mexico · 8,000 · August 31, 2030 · 23

Administrative offices · Sutton, England · 7,000 · April 30, 2030 · 14

Most leases require the Company to maintain the property and pay the cost of insurance and property taxes. The Company believes termination of any particular lease would not have a material adverse effect on the Company’s operations. The Company believes the facilities currently owned and leased by it as pawn stores are suitable for such purpose and considers its equipment, furniture and fixtures to be in good condition.

• FCFS IN, Inc. Indiana⁸
• FCFS KY, Inc. Kentucky⁸
• FCFS MO, Inc. Missouri⁸
• FCFS MT, Inc. Montana⁸
• FCFS NC, Inc. North Carolina⁸
• FCFS OH, Inc. Ohio⁸
• FCFS OK, Inc. Oklahoma⁸
• FCFS SC, Inc. South Carolina⁸
• FCFS TN, Inc. Tennessee⁸
• FCFS VA, Inc. Virginia⁸
• Famous Pawn, Inc. Maryland⁸
• First Cash Colombia, S.A.S. Colombia⁸
• First Cash SV, Limitada de C.V. El Salvador⁸
• First Cash, Inc. Nevada⁸
• First Cash, S.A. de C.V. Mexico⁸
• FirstCash, Inc. Delaware⁸
• FortressShield, LLC Texas⁸
• Frontier Merger Sub, LLC Texas⁸
• Georgia Cash America, Inc. Georgia⁸
• H&T Group Limited England and Wales⁸
• Harvey & Thompson Limited England and Wales⁸
• LTS, Incorporated Colorado⁸
• Maxi Prenda Guatemala, S.A. Guatemala⁸
• Maxi Prenda Honduras, S.A. de C.V. Honduras⁸
• Maxi Realice Guatemala S.A. Guatemala⁸
• Mr. Payroll Corporation Delaware⁸
• Ohio Neighborhood Credit Solutions, LLC Delaware⁸
• Ohio Neighborhood Finance, Inc. Delaware⁸
• Omni Nearshore Limited, LLC Jamaica⁸
• Pawn TX, Inc. Texas⁸
• SMART Financial Intermediate, LLC Delaware⁸
• SMART Financial Investors, LLC Delaware⁸
• SMART Financial Operations, LLC Delaware⁸
• SMART Pawn Dakotas, LLC Delaware⁸
• SMART Pawn First, LLC Delaware⁸
• SMART Pawn North Carolina, LLC Delaware⁸
• SMART Pawn Oklahoma, LLC Delaware⁸
• SMART Pawn and Jewelry of Texas, LLC Delaware⁸
• Soluciones Administrativas de Guatemala, S.A. Guatemala⁸
• Soluciones Prima Guatemala, S.A. Guatemala⁸
• Soluciones Prima, S.A. de C.V. Mexico⁸
• Swiss Time Services Limited England and Wales⁸

• The Company depends on its senior management and may not be able to retain those employees or recruit additional qualified personnel.
• The Company depends on hiring, training and retaining an adequate number of qualified employees to run its businesses.
• The Company’s business depends on the uninterrupted operation of the Company’s facilities, systems and business functions, including its information technology and other business systems, and reliance on other companies to provide key components of its business systems.
• Security breaches, cyber attacks or fraudulent activity could result in damage to the Company’s operations or lead to reputational damage and expose the Company to significant liabilities.
• The Company’s future growth is dependent on its ability to keep pace with the adoption of technological advances, including generative artificial intelligence and other machine learning technologies, to remain competitive.
• Because the Company maintains a significant supply of cash, pawn loan collateral and retail inventories in its pawn stores and certain processing centers, the Company may be subject to employee and third-party robberies, riots, looting, burglaries and thefts. The Company may also be subject to liability as a result of crimes at its pawn stores.
• If the Company is unable to protect its intellectual property rights, its ability to compete could be negatively impacted.
• The Company’s businesses are typically subject to seasonality, which causes the Company’s revenues and operating cash flows to fluctuate and may adversely affect the Company’s ability to borrow on its unsecured credit facilities, service its debt obligations and fund its operations.
• The failure or inability of third parties who provide products, services or support to the Company to maintain such products, services or support could disrupt Company operations or result in a loss of revenue.
• The Company’s risk management efforts may not be effective.
• Regulatory, Legislative and Legal Risks
• The Company’s products and services are subject to extensive regulation and supervision under various federal, state and local laws, ordinances and regulations in the U.S., Latin America and the U.K. If changes in regulations affecting the Company’s pawn business or the AFF business create increased restrictions, or have the effect of prohibiting pawn loans or POS payment products in the jurisdictions where the Company currently operates, such regulations could materially impair or reduce the Company’s business and limit its expansion into new markets.
• The FTC and the CFPB have regulatory, supervisory and enforcement powers over providers of consumer financial products and services in the U.S., and each could exercise its enforcement powers in ways that could have a material adverse effect on the Company’s business and financial results.
• The adoption of new laws or regulations or adverse changes in, or the interpretation or enforcement of, existing laws or regulations affecting the Company’s products and services could adversely affect its financial condition and operating results.
• Media reports, statements made by regulators and elected officials and the general public perception that pawnshops, LTO and retail finance products for credit-constrained consumers are predatory or abusive could materially adversely affect the Company’s businesses. In recent years, consumer advocacy groups and some media reports, in the U.S., Latin America and the U.K., have advocated governmental action to prohibit or place severe restrictions on the Company’s products and services.
• Judicial or administrative decisions, CFPB rulemaking, amendments to the Federal Arbitration Act (the “FAA”) or new legislation could render the arbitration agreements the Company uses illegal or unenforceable.
• Current and future litigation or regulatory proceedings in the U.S., Latin America and the U.K. could have a material adverse effect on the Company’s business, prospects, results of operations and financial condition.
• The sale and pawning of firearms, ammunition and certain related accessories is subject to current and potential regulation, which could have a material adverse effect on the Company’s reputation, business, prospects, results of operations and financial condition.
• The Company is subject to the FCPA, anti-money laundering laws and other anti-corruption laws, and the Company’s failure to comply with these laws could result in penalties that could have a material adverse effect on its business, results of operations and financial condition.
• Failure to maintain certain criteria required by various federal, state and local regulatory bodies could result in fines or the loss of the Company’s licenses to conduct business.
• Foreign Operations Risks
• The Company’s financial position and results of operations may change significantly due to fluctuations in currency exchange rates in Latin American and U.K. markets.
• Risks and uncertainties related to the Company’s foreign operations could negatively impact the Company’s operating results.
• Changes impacting international trade and corporate tax and other related regulatory provisions may have an adverse effect on the Company’s financial condition and results of operations.
• Accounting, Tax and Financial Risks
• The Company’s existing and future levels of indebtedness could adversely affect its financial health, its ability to obtain financing in the future, its ability to react to changes in its business and its ability to fulfill its obligations under such indebtedness.
• Determining the AFF business’ allowance for lease and loan losses and liability for off-balance sheet credit exposure requires many assumptions and complex analyses. If the estimates prove incorrect, the AFF business may incur net charge-offs in excess of its reserves or liabilities, or may be required to increase its provision for lease and loan losses, either of which would adversely affect the Company’s results of operations.
• The Company is subject to goodwill impairment risk.
• Declines in commodity market prices of gold, other precious metals and diamonds could negatively affect the Company’s profits.
• Unexpected changes in both domestic and foreign tax laws and policies could negatively impact the Company’s operating results.
• General Economic and Market Risks
• General economic conditions may have a material adverse impact on the Company’s business and financial results.
• The price of the Company’s common stock may fluctuate significantly.
• Inclement weather, natural disasters or health epidemics can adversely impact the Company’s operating results.
• Climate change could adversely affect the Company’s business and damage its reputation.
• Adverse real estate market fluctuations and/or the inability to renew and extend store operating leases could affect the Company’s profits.
• A discussion of certain other market risks is covered in “Item 7A. Quantitative and Qualitative Disclosures About Market Risk.”
• AFF’s transaction volume is dependent on sales at its merchant partners and any decline in such sales could have a material and adverse effect on AFF’s results of operations, financial condition and future prospects.
• If AFF is unable to attract additional merchants and retain and grow its relationships with its existing merchant partners, its business, results of operations, financial condition and future prospects would be materially and adversely affected.
• AFF’s transaction volume is dependent on the support of its platform by its merchant partners.
• AFF’s bank loan product is offered pursuant to its agreement with the Bank, and such agreement is non-exclusive, short-term in duration and subject to termination by the Bank partner upon the occurrence of certain events. If that agreement is terminated and AFF is unable to either replace the commitments of the Bank or substitute its other products for the bank loan product, its business, results of operations, financial condition, and future prospects may be materially affected.
• AFF’s business relies extensively on its proprietary decisioning platform, and if such platform is not effective it could have a material impact on AFF’s business, financial condition and results of operations.
• If AFF is unable to collect on its leases, RISAs and bank loans, the performance of its lease and loan portfolio would be adversely affected.
• If AFF’s originating bank partner model is successfully challenged or deemed impermissible, AFF could be found to be in violation of licensing, interest rate limit, lending or brokering laws and could face penalties, fines, litigation or regulatory enforcement.
• The FDIC has issued examination guidance affecting AFF’s unaffiliated third-party lender and these or subsequent new rules and regulations could have a significant impact on AFF’s Bank-originated products.