Bunge Global (BG) risk factors: FY2025 10-K

Item 1A of the 10-K for the period ending 2025-12-31, filed 2026-02-19. 29 risk factor headings as filed. Read Item 1A in full · The whole 10-K · What changed since FY2024

0new since FY2024
3reworded
11removed
26unchanged

Headings mentioning a theme: Tariffs 0 · AI 0 · Cybersecurity 1 · China 0 · Interest rates 0. Compare across the S&P 500.

Risks Relating to Our Business and Industries

21
  1. Adverse weather conditions, including as a result of climate change, may adversely affect the availability, quality and price of agricultural commodities and agricultural commodity products, as well as our operations, supply chains, and operating results.
  2. The ongoing war between Russia and Ukraine may adversely affect our business, financial condition or results of operations.
  3. We are subject to fluctuations in agricultural commodity and other raw material prices, energy prices, and other factors outside of our control that could adversely affect our operating results.
  4. Our business is seasonal, and our results may fluctuate depending on the harvest cycle of the crops upon which we rely and seasonal fluctuations related to the sale of our consumer products.
  5. We face intense competition in each of our businesses.
  6. We are vulnerable to the effects of supply and demand imbalances in our industries.
  7. We are subject to global and regional economic downturns and related risks.
  8. We are subject to economic, political, and other risks of doing business globally and in emerging markets.
  9. Government policies and regulations affecting the agricultural sector and related industries could adversely affect our operations and profitability.
  10. We may not realize the anticipated benefits of acquisitions, divestitures, or joint ventures.
  11. We are subject to industry and other risks that could adversely affect our reputation and financial results.
  12. We are subject to numerous laws and regulations globally, which could adversely affect our operating results.
  13. We are exposed to credit and counterparty risk relating to our customer and supplier counterparties in the ordinary course of business. In particular, we advance capital and provide other financing arrangements to farmers in Brazil and, as a result, our business and financial results may be adversely affected if these farmers are unable to repay the capital advanced to them.
  14. We are a capital intensive business and depend on cash provided by our operations as well as access to external financing to operate and grow our business.
  15. Our risk management strategies may not be effective.
  16. The loss of, or a disruption in, our manufacturing and distribution operations or other operations and systems could adversely affect our business.
  17. Our information technology systems, processes and sites may suffer interruptions, security breaches or failures that may adversely affect our ability to conduct our business.Cybersecurity
  18. Changes in tax laws or exposure to additional tax liabilities could have a material impact on our financial condition and results of operations.
  19. Our operations are dependent on a wide array of third parties.
  20. Our operations have been and may in the future be adversely impacted as a result of public health crises, pandemics, and epidemics.
  21. We are dependent on our executive management and other key personnel.

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Risks Relating to the Combined Company Following Our Acquisition of Viterra

4
  1. We may fail to realize the anticipated benefits of the Acquisition, which could adversely affect the value of the registered shares.reworded
  2. We have incurred, and will continue to incur significant integration-related costs in connection with the Acquisition and we may not be able to obtain the anticipated synergies of the combined company.
  3. With the completion of the Acquisition, the market price for registered shares of the company may be affected by factors different from, or in addition to, those that historically have affected or currently affect the market prices of the registered shares.reworded
  4. Certain Shareholders are able to exercise influence over the composition of the Board, matters subject to shareholder approval and/or our operations.reworded

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Risks Relating to the Registered Shares

4
  1. The rights of our shareholders are governed by Swiss law, and it may be difficult to enforce judgments against us and our directors and officers.
  2. As a Swiss corporation, our flexibility will be limited with respect to certain aspects of capital management.
  3. We may not be able to make distributions or repurchase shares without subjecting you to Swiss withholding tax.
  4. We have anti-takeover provisions in our Articles of Association that may discourage a change of control.

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No longer in Item 1A

11

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

  1. As a result of the Acquisition, our shareholders will have reduced ownership and voting interest in and will exercise less influence over management of the combined company.
  2. Our and Viterra’s business relationships may be subject to disruption due to uncertainty associated with the Acquisition.
  3. Until the completion or termination of the Acquisition, we and Viterra are prohibited from entering into certain transactions and taking certain actions that might otherwise be beneficial to us, Viterra and/or our respective shareholders.
  4. Third parties may terminate or alter existing contracts or relationships with us or Viterra.
  5. Obtaining required approvals and satisfying closing conditions may prevent or delay completion of the Acquisition.
  6. The Acquisition could be terminated.
  7. Failure to complete the Acquisition could negatively impact our stock price and our future business and financial results.
  8. We and Viterra may have difficulty attracting, motivating and retaining executives and other key employees in light of the Acquisition.
  9. The incurrence of debt to fund the pending acquisition of Viterra may impact our financial position and subject us to additional financial and operating restrictions.
  10. We have incurred and will continue to incur significant expenses in connection with the Acquisition, regardless of whether the Acquisition is completed.
  11. If our due diligence investigation of Viterra was inadequate or if risks related to Viterra’s business materialize, it could have a material adverse effect on our shareholders’ investment.

Headings are the lines of Item 1A set wholly in bold or italics, as the parser reads them, without the introductory paragraph that opens the section. A heading is new when no heading in the prior 10-K matches it after ignoring case and punctuation, and reworded when it shares at least 60 percent of its words with one that went away. Source: the filing on sec.gov.