Steelcase(SCS) - 2025 Q3 - Quarterly Report

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 9. LEASES We have operating leases for corporate offices, sales offices, showrooms, manufacturing and distribution facilities, vehicles and equipment that expire at various dates through 2035. Certain lease agreements include contingent rental payments based on per unit usage over contractual levels (e.g., miles driven or machine hours operated) and others include rental payments adjusted periodically for inflationary indexes. Additionally, ...