Risk Factors Update Summary

• Addition of Steel Connect risk factors, including reliance on Mainland China revenue. This could materially affect financial results.
• The Company and unitholders may be liable for prior year tax return adjustments due to centralized audit procedures.
• Changes in tax laws, like the U.S. Tax Cuts and Jobs Act, could impact future operations.
• Inclusion of Supply Chain segment risk due to customer demand decline impacting financial results.
• The Inflation Reduction Act and other tax legislation may impact the Company's financial results.
• Disclosure of potential impact of inflation, raw material price increases, and supply chain disruptions.
• Mention of potential adverse effects from interest rate increases on borrowing costs and financial condition.
• Addition of risks related to potential changes in regulatory environment and compliance burden.
• Disclosure of risks related to labor costs, workforce unionization, and potential work stoppages impacting operations.
• Inclusion of risks related to the impact of financial services industry conditions on business and financial performance.