Our exposure to market risks primarily relates to our role as investment advisor or general partner to our TPG funds and the impact of movements in the underlying fair value of their investments. Except for the item disclosed below, there was no material change in our market risks during the three months ended June 30, 2026. For additional information, refer to our Annual Report on Form 10-K for the year ended December 31, 2025. Through March 31, 2026, the functional currency of our international subsidiaries was the U.S. dollar. On April 1, 2026, we changed the functional currency of certain of our international subsidiaries from the U.S. dollar to the local currency. The change in the functional currency did not have a material impact on the Condensed Consolidated Financial Statements. See Note 2 of the Condensed Consolidated Financial Statements for further discussion on the change in functional currency.