Risk Factors Update Summary

• The PRC government may intervene with our suppliers, impacting operations and increasing compliance costs. This change could lead to significant operational disruptions and financial penalties.
• Our plans to separate our HPC business may not achieve intended benefits, affecting financial performance. This change might result in significant operational challenges and market reactions.
• A significant product liability judgment or widespread product recall involving our business could negatively impact sales and trigger rights of brand owners.
• Compliance with conflict minerals regulations could limit supply and increase costs of certain metals. This change might result in higher production costs and potential liabilities.
• Increased focus on sustainability may lead to additional costs and regulatory compliance challenges. This change could adversely affect our business and financial condition.
• The company’s stock price has been highly volatile, ranging from $64.35 to $95.14 per share from October 1, 2023, to September 30, 2024.
• The issuance of $350 million in Exchangeable Notes may strain cash flow and financial stability. This change could result in liquidity challenges and increased debt obligations.
• We may incur material costs due to changing environmental laws and regulations, impacting our financial condition and results of operations.
• Our goals related to reducing greenhouse gas emissions may not be met, affecting stockholder support and employee morale.
• The trading volume of our common stock on the NYSE has been relatively low, influencing stock price volatility and investor confidence.