KRMN Karman Holdings Inc.

“We did not design and maintain effective information technology general controls for information systems supporting our key financial reporting processes.”

“We did not design and maintain effective process-level controls for all significant business process cycles. These material weaknesses resulted in material adjustments related to stock-based compensation as of and for the year ended December 31, 2023”

“We did not fully maintain components of the COSO framework, including elements of the control environment, risk assessment, control activities, information and communication, and monitoring activities.”

“Based on that evaluation, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures were not effective as of September 30, 2026 due to the material weaknesses in our internal control over financial reporting described below.”

“our ability to remediate the identified material weaknesses in our internal control over financial reporting; and the other risk factors discussed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025”