Our business, results of operations and financial condition, and, therefore, the value of our Class A common stock and our Class B common stock, are subject to a number of risks. For a description of certain risks, we refer to “Risk Factors” in our 2025 Annual Report on Form 10-K that we filed with the Securities and Exchange Commission on March 6, 2026. There have been no material changes in the risk factors we disclosed in that Form 10-K Report during the six months ended June 30, 2026.