HARBOR ISLAND MACHINE WORKS, INC.

of operations. Defined Contribution Plan The Company has defined contribution plans under which eligible employees may contribute up to the maximum amount as provided by law. The Company matches a portion of these employee contributions and contributed $ 31.5 million, $ 30.9 million and $ 28.8 million in 2025, 2024 and 2023 respectively. Advertising Expense Advertising costs are expensed as incurred. Advertising expense was $ 9.8 million in 2025, $ 11.4 million in 2024 and $ 10.9 million in 2023. Stock-based Compensation Stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense over the requisite service period, which generally represents the vesting period. In addition, the Company issues awards with performance targets

6,918 659,217 646,301 (32,299) (4.9) 12,916 2.0 Corporate 55,696 36,131 36,780 19,565 N/M (649) N/M Total 4,144,599 4,061,370 3,746,124 83,229 2.0 315,246 8.4 Selling, General and Administrative Expenses (3) : Environmental Services 387,529 371,263 346,791 16,266 4.4 24,472 7.1 Safety-Kleen Sustainability Solutions 72,989 78,575 78,089 (5,586) (7.1) 486 0.6 Corporate 255,781 261,810 225,578 (6,029) (2.3) 36,232 16.1 Total 716,299 711,648 650,458 4,651 0.7 61,190 9.4 Adjusted EBITDA: Environmental Services 1,343,776 1,267,462 1,101,608 76,314 6.0 165,854 15.1 Safety-Kleen Sustainability Solutions 137,454 147,006 172,873 (9,552) (6.5) (25,867) (15.0) Corporate (311,291) (297,534) (261,911) (13,757) (4.6) (35,623) (13.6) Total $ 1,169,939 $ 1,116,934 $ 1,012,570 $ 53,005 4.7% $ 104,364 10.3%

f its board of directors and to the executive officers and employees of the Manager. Stock-based awards issued include Performance Units ("PUs"), Deferred Stock Units ("DSUs") and immediately vested common stock awards. Compensation expense is measured and recognized for all stock-based payment awards made to employees and non-employee directors based on the fair value of our common stock on the date of grant. Compensation expense is recognized over each award’s respective service period using the graded vesting attribution method. We do not estimate forfeiture rates; rather, we adjust for forfeitures in the periods in which they occur. Income Taxes Orchid elected and is organized and operated so as to qualify to be taxed as a REIT under the Code. REITs are generally not subject to U.S. fe

her earnings on Roth 401(k) contributions may not be taxable at withdrawal provided the participant has met the applicable rules. Vesting Participants in the Plan are at all times fully vested in their account balance, including employee contributions, prior IBM contributions and earnings thereon, if any. Distributions Participants who have terminated employment or are eligible for in-service distributions (e.g. have reached age 59.5) may request ad hoc distributions ($ 500 minimum) or a full distribution. In addition, participants may also elect to receive the balance of their account in semi-monthly, monthly, quarterly, semi-annual or annual installments. Eligible participants may request installments over a fixed period of time or at a flat dollar amount ($ 500 minimum per period for a

ied PPP) called the Retirement Benefit Account (RBA). IBM's contributions to the Plan ended and employees can continue to make contributions to the Plan. Newly hired employees are automatically enrolled at 5 percent of eligible salary and performance pay after approximately 30 days of employment with IBM, unless they elect otherwise. Participants are able to choose to have their contributions invested entirely in one of, or in any combination of, the 35 primary funds and about 160 mutual and commingled funds in the Expanded Choice - Select Funds, in multiples of one percent. If participants do not make an investment election, then contributions will be invested in the default Target Retirement fund that most closely corresponds to the year in which they will reach age 65 . Participants may

icipants 955,181 Transfers from acquired company benefit plans 263,070 Total additions 10,381,207 Deductions from net assets attributed to: Distributions to participants 6,593,690 Administrative Expenses, Net 40,094 Total deductions 6,633,783 Net increase in net assets during the year $ 3,747,424 Net assets available for benefits: Beginning of year $ 59,862,206 End of year $ 63,609,630 The accompanying notes are an integral part of these financial statements. 5 IBM 401(k) PLAN NOTES TO FINANCIAL STATEMENTS NOTE 1 - DESCRIPTION OF THE PLAN The following description of the IBM 401(k) Plan (the “Plan”) provides only general information. Participants should refer to the Plan prospectus (Summary Plan Description) and applicable Summaries of Material Modification (SMM) for a complete description