Company: BRK-A
Filing Date: 2025-06-25
Form Type: 11-K
Source: 0001193125-25-146903
Chunk: 11

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-06-25
Form: 11-K
Chunk 11
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 Fair Value        |            |     | Unfunded    
 Commitments |     |     | Redemption    
 Frequency (if 
 currently     
 eligible)     |       |     | Plan Level    
 Redemption    
 Notice Period |           |
| Schwab Indexed Retirement Funds |     | $                 | 98,981,488 |     |             | n/a |     |               | Daily |     |               | 30 days   |
| Morley Stable Value Fund        |     |                   | 28,953,482 |     |             | n/a |     |               | Daily |     |               | 12 months |

Changes in Fair Value Levels The availability of observable market data is monitored to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. N OTED - T ERMINATION OF THEP LAN The Company expects and intends to continue the Plan indefinitely but reserves the right to amend or terminate the Plan at any future date subject to the provisions of ERISA. However, no such amendment or termination shall affect the account balance of any participant as of the date such amendment or termination takes effect. N OTEE - T AXS TATUS The IRS has determined and informed the Company by letter dated August 23, 2017 that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code (“IRC”). The Plan has been amended since receiving the tax determination letter. The Company believes that the Plan is designed and currently being operated in compliance with the applicable requirements of the IRC. Therefore, no provision for income taxes has been provided in the Plan’s financial statements and the Company believes the Plan is qualified, and the related trust is tax-exempt. Accounting principles generally accepted in the United States of America require the Company and Plan to evaluate tax positions taken by the Plan and recognize a related tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by a government authority. The Plan is subject to routine examinations by taxing jurisdictions; however, there are currently no examinations for any tax periods in progress. 9

BENJAMIN MOORE & CO. DEFERRED SAVINGS AND INVESTMENT PLAN

Notes to Financial Statements

December 31, 2024 and 2023

N OTEF – R ELATEDP ARTY ANDP ARTIES - IN -I NTERESTT RAN