Risk Factors Update Summary

• Added risks related to climate change, including physical and transition risks, and sustainability goals performance. These risks could significantly impact operations and financial results.
• The outstanding funds drawn under the Revolver decreased significantly from $0.0 billion to $0.0 billion.
• Increased exposure to foreign currency volatility, with a negative impact on operating results measured in USD. In 2022, operating results were negatively impacted by currency exchange fluctuations.
• Interest rates may increase, impacting interest payments, due to U.S. Federal Reserve actions in 2022 and 2023.
• Enhanced focus on compliance with laws and regulations, including licensing requirements and tax regimes. Failure to comply may result in fines, penalties, or adverse actions.
• The number of ordinary shares outstanding decreased from 227 million to 225 million.
• Added risks related to political polarization affecting operational, cultural, legal, and compliance aspects. Conflicting ideologies could lead to workplace challenges and impact operations.
• Highlighted risks associated with acquisitions, including uncertainties in achieving anticipated benefits, significant transaction-related expenses, and challenges in integration.
• Emphasized the importance of maintaining effective information technology strategies and solutions. Challenges in adopting new technologies could adversely affect business operations and performance.
• Mentioned the potential impact of changes in tax legislation or rates on compliance costs and financial results. Changes in tax rules may affect financial performance in specific jurisdictions.