Table of Content TEAM, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in thousands) Twelve Months Ended December 31, 2023 2022 Net income (loss) $ (75,722) $ 70,079 Other comprehensive income (loss) before tax: Foreign currency translation adjustment 3,006 (6,589) Defined benefit pension plans: Net actuarial loss arising during period (883) (6,632) Amortization of prior service cost 31 31 Amortization of net actuarial loss 285 — Other comprehensive income (loss), before tax 2,439 (13,190) Tax benefit (provision) attributable to other comprehensive income (loss) (374) 925 Other comprehensive income (loss), net of tax 2,065 (12,265) Total comprehensive income (loss) $ (73,657) $ 57,814 See accompanying notes to consolidated financial statements. 28