Farmland Partners Inc.

Farmland Partners Inc. ( FPI ), collectively with its subsidiaries, is an internally managed real estate company that owns and seeks to acquire high-quality farmland located in agricultural markets throughout North America. FPI was incorporated in Maryland on September 27, 2013. FPI elected to be taxed as a real estate investment trust ( REIT ) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code ), commencing with its short taxable year ended December 31, 2014. FPI is the sole member of the sole general partner of Farmland Partners Operating Partnership, LP (the Operating Partnership ), which was formed in Delaware on September 27, 2013. All of FPI’s assets are held by, and its operations are primarily conducted through, the Operating Partnership and the wholly owned subsidiaries of the Operating Partnership. As of December 31, 2025, FPI owned a 98.1% interest in the Operating Partnership. See Note 9 Stockholders’ Equity and Non-controlling Interests for additional discussion regarding Class A Common units of limited partnership interest in the Operating Partnership ( Common units ), Series A preferred units of limited partnership interest in the Operating Partnership ( Series A preferred units ) and Series B participating preferred units of limited partnership interest in the Operating Partnership ( Series B participating preferred units ).