As of June 30, 2026, ARKO Parent and the Company collectively leased 557 dealer locations, 155 cardlock locations, former store locations, and certain office and storage spaces, including land and buildings in certain cases. Most of the lease agreements are for long-term periods, ranging from 15 to 20 years, and generally include several renewal options for extension periods for five to 25 years. Additionally, ARKO Parent and the Company lease certain store equipment, office equipment, automatic tank gauges and fuel dispensers.

As of June 30, 2026, out of the above, the Company directly leased a total of 181 dealer locations and cardlock locations. In addition, as of June 30, 2026, the Company or its subsidiaries leased jointly and severally with ARKO Parent from third party lessors 233 sites, of which 133 sites were attributable to the Business. As of June 30, 2026, the total lease liabilities related to such joint and several agreements were $336.0 million, of which $160.2 million related to the Business and was recorded on the condensed consolidated balance sheet. Refer to Note 12 for details on related party leases.

The components of lease cost recorded on the condensed consolidated statements of operations were as follows:


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2026		2025		2026		2025
	(in thousands)
Finance lease cost:
Depreciation of right-of-use assets	$	987	$	531	$	1,946	$	936
Interest on lease liabilities		1,900		980		3,783		1,643
Operating lease costs included in site operating expenses		16,667		13,077		32,610		25,348
Operating lease costs included in general and administrative expenses		135		146		279		317
Lease cost related to variable lease payments, short-term leases and leases of low value assets		239		—		501		—
Right-of-use asset impairment charges and loss (gain) on disposals of leases		737		437		967		927
Total lease costs	$	20,665	$	15,171	$	40,086	$	29,171

The Company leases and subleases owned and leased properties to dealers and other tenants and subtenants, which are accounted for as operating or sales-type leases. The majority of these leases and subleases are for periods of up to 10 years, which may be a fixed period or a shorter period with an option or series of renewal options, and in certain cases with additional renewal options beyond 10 years. Some of the lease agreements include lease payments that are based upon the tenant’s or subtenant’s sales subject to

fixed minimum lease payments. Lessees often post a security deposit as collateral at the time of lease inception. Total operating lease income was approximately $15.5 million, $10.6 million, $30.8 million and $20.1 million for the three and six months ended June 30, 2026 and 2025, respectively. Lease income is included in other revenues, net, in the condensed consolidated statements of operations.