Company: BLLN
Filing Date: 2025-06-20
Form Type: DRS
Source: 0000950123-25-006095
Chunk: 210

Company: BillionToOne, Inc.
Filing Date: 2025-06-20
Form: DRS
Chunk 210
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 package with company matching, and other benefits such as four months of paid time off at full salary for parental or family leave, as well as incentive plans. The principal purposes of these plans are to attract, retain and reward personnel through the granting of stock-based and cash-based compensation awards, in order to increase stockholder value and the success of our company by motivating such individuals to perform to the best of their abilities and achieve our objectives. 165

Our values-based culture and our employees are a critical component of our success. We strive to create a supportive
and professional environment for our employees. We expend considerable management time and attention, and financial resources, to attracting, retaining, and motivating exceptional individuals at our company.

As of December 31, 2024, we had 547 employees, all of which were full-time employees. Of these employees, 94 were engaged in research and development
activities and the remaining employees are engaged in laboratory operations, sales or administrative activities. None of our employees are represented by a labor union or covered by collective bargaining agreements, and we believe our relationship
with our employees is good.

Human capital resources

Our human
capital resources objectives include, as applicable, identifying, recruiting, retaining, incentivizing and integrating our existing and additional employees. The principal purposes of our equity incentive plans are to attract, retain and motivate
selected employees, consultants and directors through the granting of stock-based compensation awards and cash-based performance bonus awards.

Our headquarters is located in Menlo Park, California, where we lease approximately 36,000 square feet of office and laboratory space
pursuant to a lease that expires in February 2031. We also lease approximately 90,000 square feet of office and laboratory space in Union City, California, pursuant to a lease that expires in June 2033. We have an option to extend this lease for an
additional five years.

To support our planned growth, we have also entered into a lease for a new facility with 220,000 square feet of office and custom laboratory
space located in Austin, Texas, expected to commence on or before December 31, 2026, and expiring in October 2042, with an option to extend for an additional seven years. We expect the new facility to nearly triple our current testing capacity
We also have commercial leases for patient service centers in various cities, for an aggregate of approximately 6,500 square feet as of June 5, 2025. We expect to enter into additional leases for patient service centers