Market and Other Risk Factors Market Risk The principal market risks we are exposed to are: i.interest rates on debt obligations; and ii.foreign exchange risk. We manage these risks primarily by managing the amount, sources and duration of our debt funding and by using various derivative financial instruments such as interest rate swaps or foreign currency contracts. We enter into derivative instruments with trusted and diverse counterparties to reduce credit risk. These derivative instruments are strictly used for risk management purposes and, accordingly, are not used for trading or speculative purposes. 45 Table of Contents Interest Rate Risk We are exposed to interest rate volatility with regard to the Term Loans and any borrowings we draw under the Revolver. The Term Loans bear interest at a variable rate that the Company may select per the terms of the Credit Agreement. As of June 30, 2026, we elected to use an annual rate equal to (i) 1-month Term SOFR (subject to a minimum floor of 0.50%), plus 2.50% for the 2030 Term Loan and (ii) 1-month Term SOFR (subject to a minimum floor of 0.50%), plus 2.25% for the 2033 Term Loan. Our 2028 Notes and 2031 Notes bear interest at annual fixed rates of 6.75% and 8.88%, respectively. We manage this interest rate risk by entering into derivative financial instruments such as interest rate swap agreements to attempt to hedge the variability of future interest payments driven by fluctuations in interest rates. Our interest rate risk management strategy is focused on limiting the impact of interest rate changes on earnings and cash flows to lower our overall borrowing costs. We continually assess interest rate sensitivity to estimate the potential impact of changes in short-term interest rates on our variable rate borrowings, after giving consideration to our interest rate swap agreements. If variable interest rates increased 100 basis points as of June 30, 2026, our annualized results would reflect incremental interest expense of approximately $5.4 million. Foreign Exchange Risk During the three months ended June 30, 2026 and 2025, approximately 32% and 31% of our revenue was transacted in currencies other than USD, respectively. During the six months ended June 30, 2026 and June 30, 2025, approximately 32% and 30% of our revenue was transacted in currencies other than USD, respectively. The following presents our revenue derived from our most significant currencies (in millions): Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 United States dollar $ 1,890.6 68 % $ 1,709.3 69 % $ 3,624.8 68 % $ 3,317.3 70 % Euro 158.6 6 % 139.3 6 % 311.3 6 % 238.9 5 % Australian dollar 147.3 5 % 131.2 5 % 271.0 5 % 225.4 5 % Singapore dollar 118.7 4 % 96.4 4 % 228.8 4 % 201.1 4 % Other(1) 447.4 17 % 407.7 16 % 862.5 17 % 785.8 16 % Total revenue $ 2,762.6 100 % $ 2,483.9 100 % $ 5,298.4 100 % $ 4,768.5 100 % (1) All other foreign currencies individually represent less than 4% of total revenue for the periods presented. Our foreign operations expose us to fluctuations in foreign exchange rates. These fluctuations may impact the value of our cash receipts and payments in terms of USD, our reporting currency. As a result, the strengthening or weakening of the USD will positively or negatively impact our reported results. Holding all other variables constant, the Company assessed the risk of a hypothetical 10% increase in the value of the USD against the euro, Australian dollar and Singapore dollar for the three months ended June 30, 2026, which would have resulted in a decrease in revenue of approximately $14.4 million, $13.4 million and $10.8 million, respectively. For the six months ended June 30, 2026, a hypothetical 10% increase in the value of the USD against the euro, Australian dollar and Singapore dollar would have resulted in a decrease in revenue of approximately $28.3 million, $24.6 million and $20.8 million, respectively. These hypothetical calculations estimate the impact of translating results into USD and do not include an estimate of the impact that a 10% change in the USD against other currencies would have had on our foreign operations. Our foreign exchange risk management strategy is achieved by establishing local operations in the markets that we serve, invoicing customers in the same currency in which costs are incurred and the use of derivative financial instruments such as foreign currency forward contracts. Translating expenses incurred in foreign currencies into USD offsets the impact of translating revenue earned in foreign currencies into USD. We enter into forward foreign currency exchange contracts to manage currency risks associated with intercompany transactions and cash management. Refer to Note 8: Derivative Financial Instruments and Hedging Activities of the Notes to the Condensed Consolidated Financial Statements for additional information about interest rate and foreign currency risks managed through derivative activities and notional amounts of underlying hedged items. 46 Table of Contents