HP Inc.

Supply chain and procurement · Geographic concentration of suppliers

Our manufacturing facilities and suppliers have historically been, and continue to be, geographically concentrated in certain regions, which could exacerbate the risks noted above.

Core operations · Operational disruption and business continuity

Business disruption events could seriously harm our future revenue, cash flows and financial condition and increase our costs and expenses.

Supply chain and procurement · Supplier operation and dependance

We are heavily dependent on third-party suppliers and supply chain issues have adversely affected, and could adversely affect in the future, our financial results.

Human capital and workforce · Talent acquisition and retention

In order to be successful, we must attract, hire, retain, train, motivate, develop, and deploy qualified executives, engineers, technical staff and other key employees.

Supply chain and procurement · Supplier financial distress and capability

We have at times experienced and may in the future experience a shortage of, or a delay in receiving, certain components as a result of strong demand, capacity constraints, supplier financial weaknesses, disputes with suppliers.

Digital transformation and innovation · Artificial intelligence and automation

We expect the proliferation of AI to have a significant impact on our industry and the markets in which we compete, and the development and use of AI presents competitive, reputational, and liability risks.

Cybersecurity and data protection · Data breaches and cyber attacks

System security risks, data protection breaches, cyberattacks, system outages and systems integration issues could disrupt our internal operations or services provided to customers.

Legal and litigation · Intellectual property disputes

Third-party claims of IP infringement are commonplace in our industry and may limit or disrupt our ability to sell our products and services.

Legal and litigation · Litigation and legal proceedings

We are subject to risks associated with litigation and regulatory proceedings.

Natural and catastrophic events · Climate change and environmental impact

Climate change and associated regulatory and market impacts may have an adverse effect on our business.

Economic and market conditions · Economic recession and downturns

Economic weakness and uncertainty is expected to continue to adversely affect demand for our products and services and, as a result, our business and financial performance.

Strategic execution · Merger acquisition and divestiture risks

We may not be able to execute acquisitions, divestitures and other significant transactions successfully and we may have difficulty or fail to successfully integrate acquired companies.

Strategic execution · Strategic transformation and turnaround risks

We may not achieve some or all of the expected benefits of our restructuring and other plans and such plans may adversely affect our business.

Market position and competition · Market cyclicality and demand volatility

Our uneven sales cycle makes planning and inventory management difficult and future financial results less predictable.

Market position and competition · Competitive pressure and market share loss

We operate in an intensely competitive industry and competitive pressures could harm our business and financial performance. We encounter aggressive competition in all areas of our business.

Market position and competition · Pricing pressure and margin compression

We have faced and expect to continue to face aggressive price competition and have lowered and may in the future need to lower the prices of many of our products and services to stay competitive.

Capital structure and performance · Financial performance volatility

Our operating results have historically varied and may not be indicative of future results.

Capital structure and performance · Credit rating and cost of capital

Failure to maintain our credit ratings could adversely affect our liquidity, capital position, borrowing costs and access to capital markets.

Reputation and brand · Esg environmental social governance performance

Our aspirations and disclosures related to environmental and societal matters expose us to risks that could adversely affect our reputation and performance.

Reputation and brand · Brand damage and negative publicity

As a result of this continuing shared use of the legacy branding there is a risk that conduct or events adversely affecting the reputation of Hewlett Packard Enterprise could also adversely affect our reputation.