Risk Factors Update Summary

• Revenue from recurring subscription-based and re-occurring transactional arrangements increased from 78% to 79%.
• Added withholding taxes on share-based compensation and adverse tax consequences for exceeding ownership threshold.
• Introduction and use of AI, including generative AI, poses operational, reputational, and competitive risks.
• Mentioned potential significant tax dispute with HMRC, impacting cash flows and financial position.
• Failure to meet subscription and re-occurring objectives could have a material adverse effect.
• Disclosed interim quantitative goodwill impairment charges due to worsening macroeconomic conditions.
• Increased focus on protecting intellectual property rights to avoid infringement, misappropriation, or disclosure.
• Identified material weakness in internal control over financial reporting, impacting accurate financial statements.
• Dependence on third parties for data, information, and technology solutions poses risks.
• Added details on Tax Benefits Preservation Plan to prevent ownership change and anti-takeover effect.
• Use of open-source software may subject the company to litigation and unexpected conditions.
• Discussed the need for effective internal control environment to prevent decline in stock price.
• Cybersecurity risks, including cyberattacks and data breaches, could impact operations and business.
• Noted the implementation of new control activities to address material weakness in internal controls.