The Company relies on various third-party service providers and technology vendors, including cloud hosting providers, software vendors, payment processors, communication platforms, and other service providers that may have access to Company systems or data. The Company considers cybersecurity risks associated with these third parties through contractual protections, vendor diligence, ongoing monitoring, and other risk management measures, although the Company cannot guarantee that such measures will prevent all cybersecurity incidents.

As part of its cybersecurity risk management framework, the Company monitors potential threats and vulnerabilities that could adversely affect its operations, financial condition, reputation, or strategic objectives. The Company periodically reviews and updates its cybersecurity controls and procedures in light of evolving threats, business requirements, and industry practices.

The Company has experienced routine cybersecurity events common to organizations operating in digital environments, including attempted phishing attacks, unauthorized access attempts, and other malicious activities. To date, the Company has not identified any cybersecurity incident that has materially affected, or is reasonably likely to materially affect, its business strategy, results of operations, or financial condition. However, cybersecurity threats continue to evolve in sophistication and frequency, and future incidents could have a material adverse effect on the Company’s business, operations, reputation, financial condition, or results of operations.

The Board of Directors oversees the Company’s risk management processes, including risks related to cybersecurity and information security. The Board receives periodic updates from management regarding significant cybersecurity matters, cybersecurity risks, information technology initiatives, and related risk mitigation efforts. The Board considers cybersecurity risks as part of its overall oversight of enterprise risk management.

Management is responsible for assessing and managing the Company’s cybersecurity risks on a day-to-day basis. The Company’s cybersecurity risk management activities are led by senior management personnel responsible for information technology, compliance, finance, and operational functions. These individuals work together to identify, assess, manage, and respond to cybersecurity risks and incidents and to implement appropriate security measures throughout the organization.

Management monitors cybersecurity developments, evaluates emerging threats, coordinates with external service providers and advisors when appropriate, and escalates significant cybersecurity matters to executive leadership and the Board of Directors as necessary. The Company may engage third-party consultants, technology vendors, legal counsel, cybersecurity specialists, and other advisors to assist in evaluating cybersecurity risks, responding to incidents, and enhancing cybersecurity controls.

As the Company continues to expand its digital operations, including through acquisitions, strategic partnerships, media platforms, and technology-enabled products, management expects to continue enhancing its cybersecurity governance, risk management processes, and information security controls to address evolving business needs and cybersecurity threats.