922 HILL RD, HOUSTON, TX 77037

Leading Houston-Based Industrial Fabrication and Manufacturing Platform – Met Company Inc. is a Houston-based industrial fabrication and manufacturing business with an operating history dating back to 1995. The Company provides a broadrange of metal fabrication, custom manufacturing, modular/container-based buildout, laser cutting, precision-cut products, painting, sandblasting, and industrial service capabilities. Met Company serves commercial and industrial customers across

multiple end markets and has built a diversified operating platform supported by recurring demand across fabrication, specialty manufacturing, and industrial services.

Established Operating History with Diversified Service Offering – Met Company has demonstrated a strong operating track record across multiple business verticals, including custom metal fabrication, specialty offsite and modular construction, laser and precision-cut products, industrial services, and support work. The Company’s diversified service offering provides multiple avenues for growth and reduces reliance on any single product category. Historical performance reflects a business with durable customer demand, with prior operating constraints primarily driven by working capital

limitations, project timing variability, and higher contract labor usage during periods of growth.

Mission-Critical Facility Supporting Core Operations – The subject property functions as Met Company’s headquarters and primary industrial manufacturing facility, directly supporting fabrication, assembly, equipment utilization, and day-to-day operations. Met Company has operated at the site since 2007, following its move to the significantly larger facility that enabled the Company to expand capabilities, including the addition of paint and sandblasting operations. The property is deeply integrated into the Company’s workflow and supports production-driven operations across several key business lines.

Well-Located Houston Industrial Asset with Strong Regional Demand Drivers – The Property is strategically located in Houston, Texas, a major industrial market supported by a deep labor pool, extensive transportation infrastructure, and a diverse base of manufacturing, logistics, energy, construction, and industrial service users. The site benefits from proximity to key regional demand drivers, including Downtown Houston, major highways, George Bush Intercontinental Airport, and

the Port of Houston, supporting efficient access to customers, vendors, labor, and distribution channels.

Improving Operating Profile with Clear Path to Sustainable Performance – Met Company has transitioned into a more streamlined operating model focused on cost discipline, improved project selection, and higher-quality work. Early 2026 performance reflects this shift, with improved efficiency and a leaner operating structure. Forward-looking expectations contemplate continued operational improvement driven by operating leverage, increased production capacity, and a more disciplined capital structure.

Durable Industrial Fabrication and Modular Construction Industry Demand – Met Company operates within attractive industrial and commercial end markets requiring custom fabrication, precision metalwork, modular/container-based solutions, and industrial support services. The Company’s capabilities include metal bending, press brake services, saw cutting, punch and shear services, laser cutting, engraving, painting, sandblasting, and power distribution-related solutions. These services support a wide range of applications across commercial contractors, engineering and construction,

petrochemical, oil and gas, industrial, government/municipal, and residential end markets.

Long-Term Absolute Triple-Net (NNN) Lease with Annual Rent Increases – The Tenant will enter into a new 15+ year absolute triple-net (NNN) lease, under which the Tenant is fully responsible for the building structure, maintenance, insurance,real estate taxes, and all other operating expenses, providing the Landlord with a passive, low-maintenance investment. The lease will include annual rent escalations of 3.0%.