Red Flags Detected

• ⚠ Goodwill Impairment (new) — Company recorded $480M of goodwill and intangible asset impairment charges in Q1 2025, driven by elevated discount rates reflecting increased risk premiums.
• ✓ Material Weakness (improved) — Material weakness in IT general controls over EMEA systems has been remediated through implementation of IT compliance oversight, training programs, and enhanced verification checks.