Risk Factors Update Summary

• Increased risks associated with generative AI technologies, including potential sophisticated cyberattack methods. This may result in heightened security threats and potential financial exposure.
• Expansion of workforce restructuring plan to include reductions in real estate portfolio. This could impede future office accommodations and hinder growth plans.
• Introduction of quarterly dividend policy and declaration of first-ever cash dividend. Future dividend payments subject to capital availability and market conditions.
• Enhanced focus on ESG matters exposes the company to evolving regulatory requirements and potential legal risks. Compliance efforts may require significant resources and impact current goals.
• Increased scrutiny on technology investments by antitrust authorities may lead to unforeseen challenges and regulatory expenditures. This could impact the investment portfolio and brand reputation.
• Potential impact of climate change on operations, including air quality and power shutoffs. This may affect employee health, data center cooling, and overall business continuity.
• Ongoing evaluation of investments in early-stage companies, with inherent speculative nature. This may result in partial or total loss of invested capital and impact financial results.