Risk Factors Update Summary

• Share Repurchase Program may not increase shareholder value. This could impact shareholder returns.
• Potential impact of the EU AI Act on our business due to new regulations.
• Revenue growth rate declined in recent periods. Future growth may continue to decline.
• Inflation Reduction Act of 2022 imposes a 1% non-deductible excise tax on stock repurchases.
• Total remaining deal value decreased from $3.7 billion to $1.9 billion. This impacts future revenue.
• Changes in international tax rules based on OECD recommendations may impact our provision for income taxes.
• Direct sales force grown. Sales efforts may be impacted by ongoing conflicts and economic conditions.
• Consideration of Pillar Two rules starting January 1, 2024, in some jurisdictions.
• Increased focus on AI. Ethical issues and legal challenges may arise affecting business.
• Potential impact on our financial condition from changes in domestic or international corporate tax policies.
• Increased regulatory scrutiny in expanding markets. Regulatory changes may impact operations and growth.
• Limitations on net operating losses by taxing bodies, especially in reaction to the COVID-19 pandemic.
• Potential cybersecurity risks due to third-party integrations. Security vulnerabilities could affect operations and reputation.
• Uncertainty due to conflicts like the Russia-Ukraine conflict and economic sanctions.