JBLJabil

Beginning in On February 2025, 20, 2026, the U.S. implemented Supreme Court issued a ruling striking down tariffs on a variety of countries and commodities, imposed under the International Emergency Economic Powers Act (“IEEPA”), including, among others, tariffs on aluminum and steel derivative products, imports of certain Canadian Canadian, Chinese, and Mexican goods, imports of Chinese goods, a universal tariffs baseline tariff on imports from most countries, and reciprocal tariffs on select countries. In response, certain countries On April 20, 2026, the U.S. Customs and Border Protection launched a system to process IEEPA tariff refund claims. The Company recognizes refunds in the Consolidated Financial Statements as and when the amounts are probable and reasonably estimable. During the fiscal year ended August 31, 2026, the Company began receiving refunds for IEEPA tariffs previously paid, which did not have imposed, or are considering, retaliatory tariffs a material impact on U.S. exports. the Company’s results of operations. The global tariff landscape continues to shift rapidly, with changes impacting businesses and markets around the world. While these increased tariffs have and may We continue to impact end customer demand, monitor the situation, including whether any additional refunds may be forthcoming, and we do not expect that we will recover the tariff costs by passing them receipt of any additional refunds would have a material impact on to our customers. If we are unable to fully pass on these costs, our operating the Company’s results and cash flows could be adversely impacted. of operations.

Jabil Inc. (together with its subsidiaries, herein referred to as the “Company”) is one of the leading providers of engineering, supply chain, and manufacturing services and solutions. The Company provides delivers comprehensive electronics design, production, and product management services to companies in various across a diverse range of industries and end markets. The Company’s services combine a highly automated, continuous flow capabilities span the entire product lifecycle - from innovation, design, and planning to fabrication, assembly, delivery, and post-production - enabling seamless management of resources and materials across global supply chains. Through these integrated services, the Company helps its customers reduce manufacturing approach with advanced electronic design costs, enhance supply chain efficiency, minimize inventory risk, lower transportation expenses, and design for manufacturability technologies. accelerate product fulfillment. The Company is headquartered in St. Petersburg, Florida and has manufacturing operations principally in the Americas, Europe, and Asia.

We rely on information systems, some of which are managed by third parties, to store, process, and transmit confidential information, including financial reporting, inventory management, procurement, invoicing, and electronic communications, belonging to our customers, our suppliers, our employees, and/or us. Any delay or disruption in the operation of these information systems have and could result in material adverse consequences, including disruption of operations, loss of information, and unanticipated increases in costs. We monitor and mitigate our exposure to cybersecurity issues and modify our systems when warranted, and we have implemented business continuity items including data backups at alternative sites, multi-factor authentication, regular risk assessment, and other cybersecurity safeguards. Nevertheless, these systems are vulnerable to, and at times have suffered from, among other things, damage from power loss or natural disasters, computer system and network failures, loss of telecommunication services, physical and electronic loss of data, terrorist attacks, computer viruses, cyberattacks, and security breaches, ranging from uncoordinated individual attempts to gain unauthorized access to our IT systems to sophisticated and targeted measures. These include industrial espionage attacks, data theft, malware, phishing, ransomware attacks, or other cybersecurity threats or incidents. The increased use of mobile technologies and the internet of things can heighten these and other operational risks. If we, or the third parties who own and operate certain of our information systems, are unable to prevent such breaches, losses of data, and outages, our operations have and could be disrupted. Also, the time and funds spent on monitoring and mitigating our exposure and responding to breaches, including the training of employees, the purchase of protective technologies and the hiring of additional employees and consultants to assist in these efforts could adversely affect our financial results. The increasing sophistication of cyberattacks requires us to continually evaluate the threat landscape and new technologies and processes intended to detect and prevent these attacks. There can be no assurance that the security measures and systems configurations we choose to implement will be sufficient to protect the data we manage. Any theft or misuse of information resulting from a security breach have and could result in, among other things, loss of significant and/or sensitive information, litigation by affected parties, financial obligations resulting from such theft or misuse, higher insurance premiums, governmental investigations, negative reactions from current and potential future customers (including potential negative financial ramifications under certain customer contract provisions), and poor publicity. Any of these could adversely affect our financial results. The increased use of artificial intelligence (“AI”) technologies in our services and operations may exacerbate these risks. In addition, if any of our contractors, consultants, vendors or service providers use any third-party AI-powered software or other tools in connection with our business or the services they provide to us, it may lead to the inadvertent disclosure of our confidential information through its incorporation into publicly available training sets, which may impact our ability to realize the benefit of, or adequately maintain or protect, our confidential information, harming our competitive position and business. In addition, we must comply with increasingly complex regulations intended to protect business and personal data in the U.S. and globally. In many cases, these laws apply not only to third-party transactions, but also restrict transfers of personal information among the Company and its international subsidiaries. Several jurisdictions have passed laws in this area, and additional jurisdictions are considering imposing additional restrictions or have laws that are pending. These laws continue to develop and may be inconsistent from jurisdiction to jurisdiction. Complying with emerging and changing requirements causes the Company to incur substantial costs and has required and may in the future require the Company to change its business practices. Compliance with these regulations can be costly and any failure to comply could result in legal and reputational risks as well as penalties, fines and damages that could adversely affect our financial results.