Company: TRTN-PA
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001660734-25-000004
Chunk: 99

Company: Triton International Ltd
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 99
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 leasing equipment, including controls over the key information, such as historical sales data used to estimate residual values of leasing equipment.

• We tested a sample of the historical selling prices of used containers for accuracy and completeness by examining sales invoices and cash receipts.

• We compared the average selling prices for used containers to published industry reports.

• We tested the mathematical accuracy of the Company’s calculations supporting the residual values and compared the average historical selling prices per container type in the calculation to current estimated residual values.

  /s/ Deloitte & Touche LLP  

New York, New York

February 28, 2025

We have served as the Company’s auditor since 2023.

F-3

Report of Independent Registered Public Accounting Firm

To the Stockholders and Board of Directors

Triton International Limited:

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated statements of operations, comprehensive income, stockholders’ equity, and cash flows of Triton International Limited and subsidiaries (the Company) for the year ended December 31, 2022, and the related notes. In our opinion, the Consolidated Financial Statements present fairly, in all material respects, the results of its operations and its cash flows for the period ended December 31, 2022, in conformity with U. S. generally accepted accounting principles.

Basis for Opinion

These Consolidated Financial Statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these Consolidated Financial Statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U. S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the Consolidated Financial Statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the Consolidated Financial Statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the Consolidated Financial Statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the Consolidated Financial Statements. We believe