Allegion (ALLE) risk factors: FY2025 10-K

1. Our business performance is impacted by the strength of the institutional, commercial and residential construction and remodeling markets and global macroeconomic factors.
2. Increased prices, whether due to inflationary pressures or other factors, could negatively impact our margin performance and our financial results.
3. Our global operations subject us to political, economic and regulatory risks, including uncertainty related to the imposition of new or increased tariffs and the global trade environment more generally.Tariffs
4. Currency exchange rate fluctuations have had, and may continue to have, an adverse effect on our business, financial condition, results of operations and cash flows.
5. We may be required to recognize impairment charges for our goodwill, indefinite-lived intangible assets and other long-lived assets.
6. The capital and credit markets are important to our business.
7. There are risks associated with our outstanding and future indebtedness.

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1. Increased competition, including from technological developments, could adversely affect our business.
2. Our growth is dependent, in part, on the development, commercialization and acceptance of new products and services.
3. Changes in customer and consumer preferences and the inability to maintain beneficial relationships with large customers could adversely affect our business.
4. If our products or solutions fail to meet certification and specification requirements, are defective, cause, or are alleged to have caused, bodily harm or injury, or otherwise fall short of end-users' needs and expectations, our business may be negatively impacted.
5. Our business and innovation strategies include making acquisitions of, and investments in, external companies. These acquisitions and investments could be unsuccessful, consume significant resources or increase our exposure to cybersecurity, data privacy or other regulatory risks, which could adversely affect our business, financial condition, results of operations and cash flows.Cybersecurity
6. We may pursue business opportunities that diverge from our core business.
7. Our strategic initiatives, including enterprise excellence efforts among other significant capital expenditure projects, may not achieve the improvements or financial returns we expect.
8. We may not be able to effectively manage and implement restructuring initiatives or other organizational changes.
9. The effects of global climate change or other unexpected events, including global health crises, may disrupt our operations and have a negative impact on our business.
10. We may be subject to risks relating to systems failures or disruptions to our information technology and operational technology systems.reworded
11. We currently rely on third-party service providers for many of the critical elements of our global information and operational technology infrastructure, and their failure to provide effective support for such infrastructure could increase our cybersecurity risk or otherwise negatively impact our business and financial results.Cybersecurity
12. Cybersecurity incidents could disrupt business operations, result in the loss of critical and confidential information, and adversely impact the Company's reputation, operating results, and financial condition.newCybersecurity
13. We are exposed to risks related to compliance with data privacy and governance laws.new
14. Our ability to successfully grow and expand our business depends on our ability to recruit and retain a highly qualified and diverse workforce.
15. Disruptions in our global supply chain, including product manufacturing and logistical services provided by our supplier partners, may negatively impact our business.

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1. We are subject to risks related to corporate social responsibility and reputational matters.
2. Our brands are important assets of our businesses, and violation of our trademark rights by imitators could negatively impact revenues and brand reputation.
3. Material legal judgments, fines, penalties or settlements imposed against us or our assets could adversely affect our business, financial condition, results of operations and cash flows.
4. Allegations that we have infringed the intellectual property rights of third parties could negatively affect us.
5. Our reputation, ability to do business and results of operations could be impaired by improper conduct by any of our employees, agents or business partners.
6. Our operations are subject to regulatory risks related to domestic and international, environmental, health and safety laws.new
7. As a global business, we have a relatively complex tax structure, and there is a risk that tax authorities will disagree with our tax positions.
8. We could be subject to changes in tax rates, the adoption of new tax legislation or exposure to additional tax liabilities.
9. The implementation of global tax reforms could negatively impact our financial results.

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1. Irish law differs from the laws in effect in the United States and may afford less protection to holders of our securities.
2. Changes in tax laws, regulations or treaties, changes in our status under the tax laws of many jurisdictions or adverse determinations by taxing authorities could increase our tax burden or otherwise affect our financial condition or operating results, as well as subject our shareholders to additional taxes.
3. Dividends received by our shareholders may be subject to Irish dividend withholding tax.
4. Dividends received by our shareholders may be subject to Irish income tax.
5. Certain provisions in our Memorandum and Articles of Association, among other things, could prevent or delay an acquisition of us, which could decrease the trading price of our ordinary shares.

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Headings in the FY2024 10-K with no match this year.

1. Disruptions or breaches of our information systems could adversely affect us.
2. Our operations are subject to regulatory risks.