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The following discussion and analysis should be read in conjunction with the Consolidated Financial Statements and related notes contained within Item 8 - Financial Statements and Supplementary. | April 17, 2023

United statesUnited arab emiratesCompany secured leverage ratioCompany annual report on formFinancial statements of the companyService centers segmentChain services segmentService centersInnovative pumping solutions segmentChain servicesUs federal reserve bankSales for the service centersInnovative pumping solutionsEnterprises incInstitute for supply managementConsolidated financial statements