1 unchanged sentence
CYBERSECURITY.
−Removed: We recognize the importance
−Removed: of identifying, assessing and managing material risks associated with cybersecurity threats, as such term is defined in Item 106(a) of
−Removed: Regulation S-K.
+Added: Risk and Strategy Management
+Added: recognize the importance of identifying, assessing and managing material risks associated with cybersecurity threats, as such term is
+Added: defined in Item 106(a) of Regulation S-K.
These risks include, among other things:
−Removed: operational risks, intellectual property theft, fraud, extortion, harm to employees
−Removed: or customers and violation of data privacy or security laws.
+Added: operational risks, intellectual property theft, fraud,
+Added: extortion, harm to employees or customers and violation of data privacy or security laws.
Identifying and assessing
3 unchanged sentences
assessments, internal IT controls, governance, risk and compliance reviews.
−Removed: We describe whether and
−Removed: how risks from cybersecurity threats are reasonably likely to materially affect us, including our results of operations and financial
−Removed: condition, under the heading “ Cyber-attacks or other breaches of information technology security could adversely impact our business
−Removed: and operations.” in Item 1A, “Risk Factors” of Part I of this report.
−Removed: Our Audit Committee is
−Removed: responsible for overseeing cybersecurity risks and updates our Board of Directors on cybersecurity matters as needed.
−Removed: The Audit Committee
−Removed: receives periodic updates from management regarding cybersecurity matters and is notified as promptly as practicable of significant new
−Removed: cybersecurity threats or incidents.
−Removed: Management is responsible for the operational
−Removed: oversight of the company-wide cybersecurity strategy, policy, and standards across relevant departments to assess and help prepare us
−Removed: to address cybersecurity risks.
−Removed: As of the date of this
−Removed: report, we are not aware of any cybersecurity incidents that have materially affected or are reasonably likely to materially affect the
−Removed: Company, including our business strategy, results of operations, or financial condition.
+Added: describe whether and how risks from cybersecurity threats are reasonably likely to materially affect us, including our results of operations
+Added: and financial condition, under the heading “ Cyber-attacks or other breaches of information technology security could adversely
+Added: impact our business and operations.
+Added: ” in Item 1A, “ Risk Factors ” of Part I of this report.
+Added: believe we maintain an information technology and cybersecurity program appropriate for a company our size, taking into account our operations
+Added: We are committed to cybersecurity and vigilantly protecting all our resources and information from unauthorized access.
+Added: cybersecurity approach incorporates an employee policy, external resources to manage and monitor the evolving threat landscape, effective
+Added: board oversight of cybersecurity risks and knowledgeable teams responsible for preventing and detecting cybersecurity risks.
+Added: Management and
+Added: Board Oversight
+Added: Audit Committee is responsible for overseeing cybersecurity risks and updates our Board of Directors on cybersecurity matters as needed.
+Added: The Audit Committee receives periodic updates from management regarding cybersecurity matters and is notified as promptly as practicable
+Added: of significant new cybersecurity threats or incidents.
+Added: is responsible for the operational oversight of the company-wide cybersecurity strategy, policy, and standards across relevant departments
+Added: to assess and help prepare us to address cybersecurity risks.
+Added: Cybersecurity Risks
+Added: of December 31, 2024, we are not aware of any cybersecurity threats, including as a result of any previous cybersecurity incidents that
+Added: have materially affected the business strategy, results of operations or financial condition of the Company or are reasonably likely to
+Added: have such a material effect.
+Added: However, any future potential risks from cybersecurity threats, including but not limited to exploitation
+Added: of vulnerabilities, ransomware, unauthorized transactions, or other similar threats may materially affect us, including our execution
+Added: of business strategy, reputation, results of operations and/or financial condition.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.