BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that BROADRIDGE FINANCIAL SOLUTIONS, INC. surfaced in its latest filing.

• SEC has proposed Regulation E-Delivery that would allow clients to switch default delivery from paper to electronic, potentially reducing physical delivery volumes and distribution revenues.
• Several major consolidations involving our clients have occurred in the past few years.
• In fiscal year 2026, the largest client accounted for approximately 7% of consolidated revenues.2026
• Client investments and deferred costs represented approximately 9% of total assets as of June 30, 2026, with one client representing a large portion.2026-06-30
• We have experienced non-material cybersecurity incidents, including social engineering, phishing, and denial-of-service attacks.
• We are subject to compliance with PCI DSS, Medicare and Medicaid programs, GLBA, HIPAA, CPRA, PIPEDA in Canada, GDPR in the European Union and its UK equivalent.
• We provide services subject to oversight by the SEC, FINRA, DOL, various stock exchanges and other regulatory bodies.
• USPS and Canada Post have experienced financial challenges, labor disputes, operational constraints and may implement significant changes to mail delivery.
• We have outsourced our data center operations and use third-party cloud services providers for storage of certain data.
• Over the last three fiscal years we have completed seven acquisitions.
• As of June 30, 2026, we had $3,254.6 million in aggregate carrying amount of total debt and revolving credit facility remaining borrowing capacity of $1,225.3 million.2026-06-30
• We hold digital assets in the form of Canton Coins as a Validator and Super Validator on the Global Synchronizer, the Canton Network’s decentralized interoperability infrastructure.