INDEPENDENT AUDITOR’S REPORT
To the Board of Directors and Stockholders FLierbsat nBoann,cVoirrpg,inIniac. and Subsidiaries Report on the Financial Statements and Internal Control Opinions on the Financial Statements and Internal Control over Financial Reporting Wc o en shoal ivdea taeuddbi tael da ntchees hf ieneatns cai as l osf tDa teecme me nbtesr o3f1 ,F2i r0s2t 5Baanndc o2r0p2, 4I ,nacn. da nt hde Sruebl astieddi acroi enss o( lai dVa itregdi nsitaa tceomr pe no trsa toi fo inn)c owmh ei c, hc ocmo mp rperhi es en sti hv ee o a in n p c d i o n m S io u e n b , , s s t i t h d o e i c a k a ri h c e c o s o l d a m s e p r o a s f ’ n D e y q e in c u g e it m f y i , b n a e a n r n d c 3 i 1 a c , l a 2 s s h t 0 a 2 t f 5 l e o m a w n e s d n f t 2 o s 0 r p 2 t r h 4 e e , s a e y n n e d t a f r t a h s i e r t l h y r e e , n s in u e l a t n s l d l o e m f d i a , t t s a e n o ri d p a e l t r h r a e e t s i r o p e n e l c s a t t a s e n , d t d h n i e t o s f t i e c n s a a s t n h o c f i t a l h o l e w p f s o i s n f i o a t r i n o t c n h ia e o l f y s e F ta a ir t r e s s t m t B h e e a n n n ts c e . o n r I d p n e , d I o n u i c n r . aWc ec oarldsaonhc ea vwei tahuadci tceodu nFtiirnsgt pBrainnccoi prlpe,sIgnecn. earnadl l yS uabc csei dpitaerdi eisn’ tihnet eUr nnai tlecdoSnttartoels oovf eArmf ienrai cnac.i a l r e p o r t i n g , i n c l u d i n g c o n t r o l s o v e r t h e pHroel pd ai nr ga tCi oonmopf arne igeus l a( Ft oorrymf i Fn Ra nYc-i 9a Cl s) t aa st eomf eDnetcseimn ba ce cr o3r1d, a2n0c 2e 5w. i It nh tohuer i on ps ti nr ui oc nt i, oFni sr sf ot rB tahnec Co ropn, sIonl ci d. aa nt edd SFui nb as indci iaarl i Se tsamt eami netnati sn feodr, Bi na na lkl m2 0a1t e3 rIina tl errensapl eCcot sn, t er of f leIcnt it ve eg riantteedr nFar la cmoenwt roorl koivs es ru ef idn ba ny ct ihael Cr eopmomr t ii tntge ea os foSf pDoencseomr i bn eg rO3r1g ,a 2n 0i z2a5t i, obna os ef dt hoe nT rc er iatde wr i aa ye Cs toamb lmi s ihses di o inn( tt hh ee COSO Criteria). Basis for Opinions Wr e sepcoonnsdi buicl ittei de so uu nr daeurd itths oisne asctcaonrddaarndcse awr iet hf uarutdhiet ri n dg esstcarni bd ea dr d isn g tehnee rAa lul yd i at oc rc ’esp Rt eeds pi no nt shieb iUl i nt iiet se df oSrt atthees oAfuAd mi t se roi cf at h( Ge AFAi nS )a.nOc iuarl ISnt ac t. eamn de nS tusbasni ddi aI nr iteesr na anldCtoonmt r eo el to ov eu rr Foitnhaenr cei tahl iRc ea pl roer st ipnognssei bc ti li iot ni e os ,f ionuar crceoprodratn. cWe ewai trhe trhe eq ur ei rl ee dv at no tbeet hi ni cdael preenqduei rnet mo fe Fn itrss rt eBl aa tni nc og rtpo, our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Responsibilities of Management for the Financial Statements and Internal Control over Financial Reporting Mp rai nn caigpel me se gnet ni es rrael lsyp oa nc cs ei bpltee df o irn t ht hee pUr enpi taerda tSi ot ant easn od f f Aa imr eprriec sae, natnadt i of onr otfh et hde efsi ingann, ciima lpsl et amt eemn teant itos ni,na ancdc omr da ianntceen awnict eh oafc ceof fuenc tt ii nv ge imn at et er nr iaal l cmo ni stsrtoalt oe mv eernfti ,nwa nhceitahl erre pd ou ret ti no gf rraeul edvoa rn te rt or otrh. eMparneapgaerma tei onnt iasnadl sfoa irreps pr eosnesni bt al et i of onr oi tf sf iansasne cs isaml setnatt ea mb oeuntt st ht eh aetf faercet i fvreeneefsrso mo f iRnet sepr no na ls icboinl ittri eo sl , o Cv eormf pi nl iaanncci ea l wr ei pt ho r Dt i ensgi,ginnac tl ue dd eLdaiwn st haenadc cRoemg pu al ant yi oi nngs , Maannda gMe ma neangte Rmeepnotr’ st RAesgsaersds mi n eg nStt aot fe mI netne tr no af lMCaonna tgreoml eonvte’ sr Financial Reporting. Iang gprreegpaatrei ,ntgh at ht er af ii ns ea ns cuiba sl tsat na tt ieaml de on ut sb, tma abnoaugt eFmi resnt tBi as nr ceoqrupi ,r Iendc t. oa ne dv aSl uu ab tsei dwi ahrei et hs earbti hl i et yr et oa rceo cnot inndui et i oa sn sa ogro ei nv ge nc tosn, cc eornns iodveerre tdhien ot nh ee year period after the date of the issuance of these financial statements. Auditor’s Responsibilities for the Audits of the Financial Statements and Internal Control over Financial Reporting Omui sr s toabt jeemc tei vn et ,s wahr ee t ht oe r odbut ea i tno rf reaaus od noarbel er r ao sr s, ua rnadnac be oaubt owu ht ewt hheert he ef fre ct thi ve e f ii nn at enrcni aa ll csot antter mo l eonvt es r af si n aa nwc ihaol lree paor re t ifnr ge ew farso mm a mi n at at ei nr ieadl iRneaalslomnaabteleriaalsrseusrpaencctes,isanadhtioghissleuveeal nofauadssituorra’ns creepbourtt itshantoitnacblusdoelustoeuarsosuprinainocnes.and therefore is not a guarantee that an audit of fmi naat ne rc ii aa ll ms t iastsetma teenmt se notr oarn aa mu daitteor fi ai lnwt eerankanl ec sosn wt r oh le on vi et re xf iins at sn. cTi ahlerreips ko rot fi nngo tc odne dt eucctti endg ianma cact eorridaal nmc ies swt ai tthe mG Ae nAtS rwe si ul l l at ilnwgafyrso md e ft reac ut da iosvhe irgrhi deer tohf ai nn tfeorrnoanl ec or ne st ruol tl .i nMg i fsrsot amt eemr reonrt, sa as rf er acuodn ms i da ey riendv ot ol v be ec oml lautsei roina ,l fiof rtgheerrye, ii sn tae ns ut ibosntaalnot ima li sl si ki oe nl i sh, omo ids rt ehpa rt ,e isnednitvaitdi ou na lsl,yo or rt hi ne the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. 2025 Annual Report | 16
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