Company: GEF
Filing Date: 2025-06-10
Form Type: 11-K/A
Source: 0000043920-25-000034
Chunk: 8

Company: GREIF, INC
Filing Date: 2025-06-10
Form: 11-K/A
Chunk 8
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 Plan are deemed to be actively traded.

• Common collective funds are measured at net asset value. The net asset value as provided by the trustees is used as a practical expedient to estimate fair value. The net asset value is based on the fair value of the underlying investments held by the fund less its liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported net asset value. The use of net asset value is deemed appropriate as the collective funds do not have a finite life, unfunded commitments or significant restrictions on redemptions.

The preceding methods described may produce fair value calculations that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The following tables set forth by level, within the fair value hierarchy, the Plan’s assets carried at fair value as of December 31, 2024 and 2023, respectively. Classification within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.

|                                                                                                                                                                                                                                                                                                                                                                                                                     |     | Assets at Fair Value as of December 31, 2024 |       |     |         |   |     |         |   |     |       |       |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------------------------------------|------:|:----|:--------|:--|:----|:--------|:--|:----|:------|------:|
| (in millions)                                                                                                                                                                                                                                                                                                                                                                                                       |     | Level 1                                      |       |     | Level 2 |   |     | Level 3 |   |     | Total |       |
| Mutual funds                                                                                                                                                                                                                                                                                                                                                                                                        |     | $                                            | 281.6 |     | $       | — |     | $       | — |     | $     | 281.6 |
| Common stocks                                                                                                                                                                                                                                                                                                                                                                                                       |     |                                              |   8.3 |     |         | — |     |         | — |     |       |   8.3 |
| Total assets in the fair value hierarchy                                                                                                                                                                                                                                                                                                                                                                            |     |                                              | 289.9 |     |         | — |     |         | — |     |       | 289