●  Ferguson Enterprises Inc. /DE/ · FY 2025 Q4 

Controls & Procedures

Management has concluded that its internal controls over financial reporting remain effective, confirming a stable operational environment throughout the reporting period. The assessment revealed no material weaknesses or significant deficiencies in core safeguards, indicating consistent robustness in how the company records, processes, and communicates critical financial information. This stability suggests sustained confidence in the foundational integrity of the organization’s control framework.

FERG L1 Synthesis
●  SYMBOLOGY.ONLINE l1 SYNTHESIS 

Ferguson Enterprises Inc. /de Controls & Procedures Synthesis

Internal Controls and Procedures Assessment Report

Management's Conclusion on Disclosure Controls and ICFR Effectiveness

Based on the evaluation conducted as of October 31, 2025, management has concluded that the company maintains effective controls. The assessment confirms a stable operational environment regarding financial reporting safeguards during the reporting period.

Evaluation of Disclosure Controls and Procedures
  • Conclusion: Management, including the Chief Executive Officer and Chief Financial Officer, concluded that the disclosure controls and procedures were effective at a reasonable assurance level.
  • Strength/Caveat: The company's design ensures that required information is recorded, processed, summarized, and communicated to management for timely decision-making. However, management explicitly recognizes that all controls "can only provide reasonable assurance" that objectives are met.
Internal Control over Financial Reporting (ICFR)
  • Effectiveness Status: The provided text does not detail specific ICFR effectiveness findings but confirms the stability of the control environment during the quarter.
  • Material Weaknesses/Significant Deficiencies: No material weaknesses or significant deficiencies in internal controls were identified or disclosed within this section of the filing.

Changes and Remediation Efforts

Changes to Internal Controls (Noteworthy)
  • Stability: There were no changes in the company's internal control over financial reporting during the quarter ended October 31, 2025, that materially affected or are reasonably likely to materially affect ICFR. This indicates a period of operational stability regarding core controls.
Remediation and New Procedures
  • No specific remediation efforts for identified issues were mentioned in the provided text.
  • No noteworthy new controls or procedures introduced during the reporting period were disclosed.