Risk Factors Update Summary

• Investing in our securities involves multiple risks and uncertainties. This change might result in increased investor caution.
• Demand for our products is subject to fluctuations and is difficult to predict, often due to factors outside of our control. This change might result in revenue volatility.
• During 2022 and 2023, interest and inflation rates were higher than the three years prior to 2022. This change might result in increased borrowing costs.
• The cost of servicing our debt could reduce our profitability if interest rates remain at elevated levels. This change might lead to increased interest expenses.
• Currently over 86% of our net sales are derived from sales of maintenance products. This change might indicate a heavy reliance on maintenance product sales.
• The entry of significant new competitors into our markets could negatively impact our sales. This change might lead to increased competition.
• Failure to achieve and maintain a high level of product and service quality could damage our reputation. This change might result in customer dissatisfaction.