Organogenesis Holdings Inc. ORGO FL — Restructuring Charges

The Company committed to a restructuring plan in first and second quarter of 2026 to restructure its workforce and close its operations in the St. Petersburg, Florida facility to increase productivity and enhance profitability. The first quarter restructuring activities reduced the Company’s headcount by 88 employees, or approximately 10% of all employees. The Company incurred a total charge of $8,781 in the three months ended March 31, 2026 in connection with these restructuring activities, primarily consisting of severance and other employee termination benefits of $2,846, and write-down of intangible assets of $4,923 and write-down of inventories of $1,012 related to the facility closure. The second quarter restructuring activities reduced the Company’s headcount by 138 employees, or approximately 18% of all employees. The Company incurred a total charge of $5,099 in the three months ended June 30, 2026 in connection with these restructuring activities, primarily consisting of severance and other employee termination benefits. These charges were included primarily in cost of goods sold and selling, general and administrative expenses (including write-down of intangible assets) in the condensed consolidated statements of operations and comprehensive loss. The Company expects to pay accrued restructuring costs primarily through 2026.