Interest Rate Risk. We are exposed to various market risks, primarily from the potential loss arising from adverse changes in interest rates. Our $500 million Revolving Credit Facility and $100 million Term Loan bear interest based on SOFR. However, at June 30, 2026, these facilities were undrawn. In the future, we may use derivative and other financial instruments in the normal course of business to mitigate interest rate risk. We will not use derivative financial instruments for speculative or trading purposes. 41 Table of Contents