Harbor Diversified 10-K: Risk Factors Changes Lead 9 October 2026 Filing Roundup

The DGCL also prohibits limitations on director liability under Section 174 of the DGCL, which relates to certain unlawful dividend declarations and stock repurchases. We maintain insurance that insures our directors and officers against certain losses and which insures us against our obligations to indemnify the directors and officers. We have also entered into indemnification agreements with our directors and executive officer, the form of which has been filed as Exhibit 10.1 to the Annual Report.

RISK FACTORS Our short- and long-term success is subject to numerous risks and uncertainties, many of which involve factors that are difficult to predict or beyond our control. As a result, investing in Harbor’s common stock involves substantial risk.

10-K 001-34584 3.3 July 10, 2020 4.1* Description of Capital Stock of Harbor Diversified, Inc. 4.2 Specimen Stock Certificate for Common Stock of Harbor Diversified, Inc. 10-K 001-34584 4.2 March 30, 2022 10.1# Form of Indemnification Agreement.

RISK FACTORS Our short- and long-term success is subject to numerous risks and uncertainties, many of which involve factors that are difficult to predict or beyond our control. As a result, investing in Harbor’s common stock involves substantial risk. Before deciding to purchase or sell Harbor’s common stock, stockholders should carefully consider the risks and uncertainties described below, in addition to the other information contained in or incorporated by reference into this Annual Report, as well as the other information we file with the SEC from time to time.

BUSINESS General Harbor is a non-operating holding company that is the parent of a consolidated group of subsidiaries, including AWAC Aviation, Inc. (“AWAC”), which, until January 9, 2026, was the sole member of Air Wisconsin Airlines LLC (“Air Wisconsin”), which is an air carrier. Harbor is also the direct parent of three other subsidiaries: (1) Lotus Aviation Leasing, LLC (“Lotus”), which leased flight equipment to Air Wisconsin, (2) Air Wisconsin Funding LLC (“AWF”), which provided flight equipment financing to Air Wisconsin, and (3) Harbor Therapeutics, Inc. (“Therapeutics”), which is a non-operating entity with no material assets.

BUSINESS General Harbor is a non-operating holding company that is the parent of a consolidated group of subsidiaries, including AWAC Aviation, Inc. (“AWAC”), which, until January 9, 2026, was the sole member of Air Wisconsin Airlines LLC (“Air Wisconsin”), which operated as an air carrier. Harbor is also the direct parent of three other subsidiaries: (1) Lotus Aviation Leasing, LLC (“Lotus”), which leased flight equipment to Air Wisconsin, (2) Air Wisconsin Funding LLC (“AWF”), which provided flight equipment financing to Air Wisconsin, and (3) Harbor Therapeutics, Inc. (“Therapeutics”), which is a non-operating entity with no material assets.

Cautionary Note Regarding Forward Looking Statements This Annual Report on Form 10-K (this “Report”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our new business plan and prospective operations and arrangements involving the construction of solar plants and the sale of electricity and potential transactions and potential future revenue and other benefits of such plan and operations, the development of the Smart Shin Guard and plans to further develop and pursue a market for and begin commercializing the product, future sources of revenue and anticipated timing and efforts relating to revenue-generating activities, our exploration of potential new business opportunities, the implementation of our business plan and expected timelines for meeting objectives, strategic alliances, our capital raising efforts and our liquidity. Forward-looking statements can be identified by words such as “anticipates,”…

Cautionary Note Regarding Forward Looking Statements This Annual Report on Form 10-K (this “Report”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our business plans, exploration of potential new business opportunities including seeking a potential business combination or strategic transaction with an operating entity with an existing revenue-generating business, our efforts to realize value from our prior research and development activities and potential future efforts in the clean energy and sports technology sectors, potential future sources of revenue, and our capital raising efforts and liquidity. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects” and similar references to future periods.

The results anticipated by any or all of these forward-looking statements might not occur. Important factors, uncertainties and risks that may cause actual results to differ materially from these forward-looking statements include the risks arising from our need for capital any inability to raise sufficient capital by us or our related party partner or otherwise proceed with our business plans, the potential adverse effects of United States tariffs and any retaliatory actions, interest rates, geopolitical conflicts such as those occurring in Israel and Ukraine and negative operational impacts or an economic downturn or recession which may result, which may result in delays or obstacles in or prevent us from raising capital as and when needed or at all, supply chain disruptions, shortages and delays and other potential unforeseen events which may adversely affect our ability to develop, manufacture and sell…

The results anticipated by any or all of these forward-looking statements might not occur. Important factors, uncertainties and risks that may cause actual results to differ materially from these forward-looking statements include the risks arising from our need for capital and our any inability to raise sufficient capital or otherwise proceed with our business plans which have among other consequences prevented us from furthering our prior business plans and business development efforts or generating material revenue therefrom, the potential adverse effects of geopolitical events including United States tariffs and any retaliatory actions, interest rates, geopolitical conflicts such as those occurring in the Middle East and Ukraine and negative impacts on capital raising efforts or an economic downturn or recession which may result, which may result in delays or obstacles in or prevent us from raising capital as and when needed or at all, risks and uncertainties surrounding our pursuit of the new business opportunities or strategic transactions we seek to pursue including our ability to identify, negotiate, execute a definitive agreement for, and close a business combination or other strategic transaction, and the risks disclosed in our filings with the SEC including those described in this Report under “Item 1A – Risk Factors.” We undertake no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise. Overview GHST World Inc. (“GHST” or the “Company”) was organized on November 12, 1999, as a Delaware corporation.

See “Cautionary Note Regarding Forward Looking Statements” and “Risk Factors” contained in the forepart of this Report for more information. Overview Our principal business focus has been seeking to exploit a patent and obtain and exploit future patents for the Smart Shin Guard. We have also added to this focus the operations of Insside, which is in the early stages of developing a clean energy business with an initial focus on wholesale electricity sales and the development of solar energy infrastructure in Italy, which will be subject to a third party accessing capital.

See “Cautionary Note Regarding Forward Looking Statements” and “Risk Factors” contained in the forepart of this Report for more information. Overview Our principal business focus has historically been seeking to exploit a patent and obtain and exploit future patents for the Smart Shin Guard. We also later added to this focus the operations of Insside, which has pursued a clean energy business in Italy.

The substantial majority of our sales are transacted in the U.S. dollar; however, significant amounts of our operating expenses and capital expenditures, and certain assets and liabilities, are incurred in or exposed to other currencies, primarily the Canadian dollar, Chinese yuan, euro, Indian rupee, Japanese yen, Malaysian ringgit, New Taiwan dollar, and Singapore dollar. We have established currency risk management programs for our monetary assets and liabilities, investments in debt instruments, and forecasted future cash flows denominated in foreign currencies to hedge against fluctuations in the fair value and volatility of future cash flows caused by changes in currency exchange rates. We generally utilize currency forward contracts in these hedging programs, which reduce, but do not always entirely eliminate, the impact of currency exchange rate movements.

We do not use derivative financial instruments for trading or speculative purposes. Based on monetary assets and liabilities and investments in debt instruments denominated in foreign currencies, we estimate that a hypothetical 10% adverse change in exchange rates versus the U.S. dollar would result in losses of approximately $2.91 billion as of September 3, 2026, and $572 million as of August 28, 2025. We hedge our exposure to changes in currency exchange rates by utilizing a rolling hedge strategy for our primary currency exposures with currency forward contracts that generally mature within one year.

We do not use derivative financial instruments for trading or speculative purposes. We hedge our exposure to changes in currency exchange rates by utilizing a rolling hedge strategy for our primary currency exposures with currency forward contracts that generally mature within three months. The effectiveness of our hedges is dependent, among other factors, upon our ability to accurately measure exposures on a timely basis.

Based on monetary assets and liabilities and investments in debt instruments denominated in foreign currencies, we estimate that a hypothetical 10% adverse change in exchange rates versus the U.S. dollar would result in losses of approximately $2.91 billion as of September 3, 2026, and $572 million as of August 28, 2025. We hedge our exposure to changes in currency exchange rates by utilizing a rolling hedge strategy for our primary currency exposures with currency forward contracts that generally mature within one year. The effectiveness of our hedges is dependent, among other factors, upon our ability to accurately measure exposures on a timely basis.

Exhibits and Financial Statement Schedule 104 Item 16. Abbreviations, acronyms, or terms that are commonly used or found in multiple locations throughout this report and include the following: Term Definition Term Definition 2024 Term Loan A Senior Term Loan A due October 2024, repaid January 2024 2035 B Notes 6.050% Senior Notes due November 2035 2025 Term Loan A Senior Term Loan A due November 2025, repaid May 2024 2041 Notes 3.366% Senior Notes due November 2041 2026 Notes 4.975% Senior Notes due February 2026, repaid February 2025 2051 Notes 3.477% Senior Notes due November 2051 2026 Term Loan A Senior Term Loan A due November 2026, repaid January 2025 AI Artificial intelligence 2027 Notes 4.185% Senior Notes due February 2027, repaid May 2025 CAC China’s Cyberspace Administration 2027 Term Loan A Senior Term Loan A due November 2027, repaid…

Exhibits and Financial Statement Schedule 98 Item 16. Abbreviations, acronyms, or terms that are commonly used or found in multiple locations throughout this report and include the following: Term Definition Term Definition 2028 Notes 5.375% Senior Notes due April 2028, repaid October 2025 AI Artificial intelligence 2029 A Notes 5.327% Senior Notes due February 2029, repaid February 2026 CAC China’s Cyberspace Administration 2029 B Notes 6.750% Senior Notes due November 2029, repaid October 2025 CHIPS Act U.S. CHIPS and Science Act of 2022 2029 Term Loan A Senior Term Loan A due January 2029, repaid October 2025 DDR Double data rate DRAM 2030 Notes 4.663% Senior Notes due February 2030, repaid February 2026 EBITDA Earnings before interest, taxes, depreciation, and amortization 2031 Notes 5.300% Senior Notes due January 2031, repaid July 2026 EUV Extreme ultraviolet lithography 2032 Green Bonds 2.703% Senior Notes due April 2032 HBM High-bandwidth memory 2032 Notes 5.650% Senior Notes due November 2032 Micron Micron Technology, Inc. (Parent Company) 2033 A Notes 5.875% Senior Notes due February 2033 OEM Original equipment manufacturer 2033 B Notes 5.875% Senior Notes due September 2033 R&D Research and development 2035 A Notes 5.800% Senior Notes due January 2035 Revolving Credit Facility $2.0 billion Revolving Credit Facility due March 2030 2035 B Notes 6.050% Senior Notes due November 2035 SOFR Secured Overnight Financing Rate 2041 Notes 3.366% Senior Notes due November 2041 SSD Solid state drive 2051 Notes 3.477% Senior Notes due November 2051 Micron®, any associated logos, and all other Micron trademarks are the property of Micron.