Risk Factors Update Summary

• Slower establishment of alternative TASER 10 sources due to product design refinement.
• Increased risks from security breaches of body-worn cameras, fleet vehicle cameras, and cloud services, exposing to data misuse and loss.
• Regulatory changes affecting radio spectrum use for wireless products could increase operational costs.
• Increased geopolitical risks affecting supply chain costs and sourcing, especially between the U.S. and China.
• Heightened cybersecurity risks due to evolving threat landscape and potential retaliatory cyber-attacks from foreign governments.
• Increased risk of intellectual property claims due to AI tools usage, potentially impacting market share.
• Potential negative impact on reputation from supplier violations of import legislation banning forced labor.
• Uncertainty in AI deployment and potential negative impacts on business and reputation from flawed AI algorithms.
• Expanded laws and regulations subjecting the company to privacy, data protection, and sustainability requirements.
• Increased risk of supply chain disruption due to violations of legislation banning goods produced using forced labor.