Risk Factors Update Summary
- Both appraisal proceedings now apply to all outstanding shares, impacting cash compensation claims.
- Claims to increase cash compensation were rejected in both proceedings, affecting shareholder outcomes.
- Cost savings from initiatives are now sustainable, with incremental $150 million cost savings in 2022.
- Changes in cross-border data transfers laws could impact the company's ability to transfer data.
- The District Court's decisions validate the company's position, but appeals were filed.
- The company invested in the DN Series ™ EASY ONE checkout platform in 2023.
- Cybersecurity risks expanded to include risks associated with artificial intelligence and supply chain attacks.
- The company may incorporate artificial intelligence into its operations, facing challenges in managing its use.
- Revenue from international operations decreased from 75.1% in 2022 to 73.4% in 2023.
- Failure to comply with Data Protection Laws could result in significant fines and harm the company's reputation.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=28823&owner=exclude
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