Item 5. OTHER INFORMATION

On April 27, 2023, the Company detected a cybersecurity incident that resulted in a disruption of several of our information technology systems. The Company immediately launched a thorough investigation with the assistance of external cybersecurity experts and is assessing and mitigating impacts of the incident. The Company proactively took immediate actions to maintain business continuity and to minimize disruption to operations and customers, including isolating systems and implementing workarounds. As of the date of the filing of this Quarterly Report on Form 10-Q, although an investigation is ongoing, the Company is not aware of any confidential customer information having been exfiltrated. If the Company becomes aware of any such information having been exfiltrated, it will make appropriate notifications.

The Company remains fully committed to its customers as it diligently works to resolve the issue and restore normal operations in a safe and secure manner. Security is a top priority for the Company, and the Company continues to take a series of measures to safeguard the integrity of its information technology systems. The Company continues to investigate and assess the incident and while the Company does not expect this incident to have a material impact on its business, results of operations or financial condition, it cannot determine, at this time the extent of the impact from such event or whether such impact will have a material adverse effect. For a discussion of the risks and uncertainties that cybersecurity incidents may have on us, see “Risk Factors: Information systems failure or disruption, due to cyber terrorism or other actions, may adversely impact our business and result in

financial loss to the Company or liability to our customers” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and “Special Note Regarding Forward-Looking Statements” in this Quarterly Report on Form 10-Q.