DIRECTIONS ON MICROSOFT

articipant contribution amount eligible to be matched is 6 percent of eligible compensation as defined by the Plan. Participants do not receive a match on after-tax contributions. Employer matching contributions are recorded when participant contributions are withheld. Participant Accounts Each participant’s account is credited with (a) participant contributions and employer contributions, and (b) the allocation of Plan earnings and expenses, based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account. All amounts in participant accounts are participant-directed. Participants may invest in various instruments including money markets and mutual funds. Vesting Participa

nt. All amounts in participant accounts are participant-directed. Participants may invest in various instruments including money markets and mutual funds. Vesting Participants are fully vested in Plan accounts at all times. Distributions Active participants may take a withdrawal from the Plan in the event of a financial hardship. A hardship withdrawal is limited to pre-tax and catch-up contribution accounts. A hardship withdrawal will generally result in a twelve-month suspension of pre-tax and after-tax contributions to the Plan. After reaching age 59½, active participants may withdraw all, or any portion, of the balance in their accounts, including withdrawals from their rollover and after-tax account types within the Plan, without meeting one of the hardship criteria. Distributions, in

ployer contributions 324,569 Total contributions 1,286,499 Interest income on participant loans 10,926 Total additions 6,319,591 DEDUCTIONS Benefits paid to participants 1,423,378 Administrative expenses 375 Total deductions 1,423,753 NET INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS 4,895,838 NET ASSETS AVAILABLE FOR BENEFITS Beginning of year 33,868,148 End of year $ 38,763,986 Refer to accompanying notes. 3 NOTES TO FIN ANCIAL STATEMENTS NOTE 1 — DESCRIPTION OF THE PLAN AND ACCOUNTING POLICIES Plan Description The One Microsoft Puerto Rico Retirement Plan (the “Plan”) is a defined contribution retirement plan . Effective April 1, 2024, Microsoft Caribbean, Inc. became the Plan’s sole sponsor (the “Sponsor”). Prior to April 1, 2024, the Plan was sponsored by the following participating e

count balance under the Plan has been distributed or forfeited. Participant Accounts Each participant account is credited with the participant’s contributions, rollovers, employer-matching contributions, profit sharing contributions, and allocations of Plan income. Allocations of Plan income are based on participant account balances. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account. Vesting Participants are always vested in the value of their contributions and earnings thereon. A participant shall be fully vested in the employer-matching and profit sharing contributions allocated to his or her account or Employee Stock Ownership Plan (“ESOP”) account and any income thereon upon completing three years of vesting service

that can be provided from the participant’s vested account. Vesting Participants are always vested in the value of their contributions and earnings thereon. A participant shall be fully vested in the employer-matching and profit sharing contributions allocated to his or her account or Employee Stock Ownership Plan (“ESOP”) account and any income thereon upon completing three years of vesting service or upon death, disability, retirement from Verizon or its Participating Affiliates, attainment of normal retirement age, or involuntary termination (other than for cause or in connection with a business transaction). - 4 - Forfeitures Forfeited balances of terminated participants' non-vested accounts are used to reduce future employer-matching contributions and profit sharing contributions. For

0 or older can elect to make additional catch-up contributions to the Plan. Contributions are subject to certain Internal Revenue Service (“IRS”) limitations. The Plan includes an auto-enrollment provision whereby certain newly eligible employees are automatically enrolled in the Plan at a contribution rate of 6 % of eligible compensation unless they affirmatively elect not to participate in the Plan or elect to contribute at a different rate. Contributions for an automatically enrolled participant are invested in the Target Date Fund that corresponds most closely with the year the participant will turn age 65 , the qualified default investment alternative designated by the Plan administrator, until changed by the participant. Automatic enrollment applies to eligible employees who are cove

ivable from participants 293 Contributions: Participant contributions 5,266 Employer contributions 1,759 Total contributions 7,025 Deductions: Benefits paid to participants 33,126 Administrative expenses 491 Total deductions 33,617 Net increase 9,799 Net assets available for benefits Beginning of year 317,538 End of year $ 327,337 The accompanying notes are an integral part of these financial statements. - 3 - VERIZON SAVINGS AND SECURITY PLAN FOR WEST REGION HOURLY EMPLOYEES Notes to Financial Statements 1. Plan Description The following description of the Verizon Savings and Security Plan for West Region Hourly Employees (the “Plan”) provides only general information. Participants should refer to the Summary Plan Description and Plan Document for a complete description of the Plan’s prov