Risk Factors Update Summary

• Developments in generative AI are increasing competition, impacting intellectual property protection and misinformation spread.
• Investment in cross-product integrations, including Cooking, Games, and Wirecutter products, to enhance subscriber base.
• Increased focus on ESG matters with new laws and regulations requiring additional investments and compliance.
• Added mention of "capital expenditures" to risk factors, impacting future financial performance.
• Enhanced privacy compliance capabilities through significant privacy engineering projects and system integrations.
• Change from "the Company's" to "its" in relation to credit ratings, affecting stock price.
• Risks related to intellectual property, including challenges in detecting unauthorized use and potential litigation costs.
• Credit facility now refers to 2023 instead of 2022, indicating recent updates.
• Increased sophistication of malicious attacks on information systems, requiring ongoing monitoring and updating of security measures.
• Risks related to workforce expectations, including challenges in attracting, retaining, and training diverse talent in evolving work environments.