Item 2. PROPERTIES

As of December 31, 2025, we own or lease the following principal offices, including offices of the IFP Business reported as discontinued operations:

• Our global headquarters and principal executive office located in the Dallas, Texas metropolitan area;

• Five geographic headquarters at three U.S. and two international locations; and

• Five global business service centers at one U.S. and four international locations.

The locations of our and our equity affiliates' principal production facilities by major geographic areas of the world, including facilities of the IFP Business reported as discontinued operations, are as follows:

(a) IPC products are produced in 30 facilities. Products related to the IFP Business reported as discontinued operations are produced in 24 facilities.

Many of these facilities produce multiple products, some across multiple business segments. We believe that our and our equity affiliates' facilities are suitable for their purpose, adequate to support their businesses and well maintained.