Risk Factors Update Summary

• The OECD's Pillar Two framework imposes a global corporate minimum tax rate of 15%. This change might result in increased tax liabilities in jurisdictions with current incentives.
• The company faces significant risks from counterparty defaults, particularly related to capped call transactions, which could lead to substantial losses.
• The company may not be able to execute acquisitions or divestitures successfully, impacting growth.
• The enactment of Pillar Two legislation may materially increase income tax levels in future periods, especially in Singapore and Thailand.
• If revenues fall significantly, the company may seek to cancel purchase commitments, risking penalties.
• Changes in global tax laws may adversely impact tax obligations and effective tax rates, affecting liquidity.
• Threat actors are increasingly using AI tools for cyberattacks, complicating our defenses against breaches and incidents.
• The loss of key customers, including large hyperscale data center companies, could materially affect revenues.
• Significant investments in human and financial resources are required to address security risks and potential regulatory inquiries related to breaches.
• Similar litigation has been pursued against us, potentially resulting in substantial costs and adverse effects on operations.