Company: GEF
Filing Date: 2025-06-06
Form Type: 11-K
Source: 0000043920-25-000026
Chunk: 9

Company: GREIF, INC
Filing Date: 2025-06-06
Form: 11-K
Chunk 9
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 |     |       |       |
| (in millions)                                                                                                                                                                                                                                                                                                                                                                                                       |     | Level 1                                      |       |     | Level 2 |   |     | Level 3 |   |     | Total |       |
| Mutual funds                                                                                                                                                                                                                                                                                                                                                                                                        |     | $                                            | 342.3 |     | $       | — |     | $       | — |     | $     | 342.3 |
| Common stocks                                                                                                                                                                                                                                                                                                                                                                                                       |     |                                              |  10.9 |     |         | — |     |         | — |     |       |  10.9 |
| Total assets in the fair value hierarchy                                                                                                                                                                                                                                                                                                                                                                            |     |                                              | 353.2 |     |         | — |     |         | — |     |       | 353.2 |
| Investments measured at net asset value (1)                                                                                                                                                                                                                                                                                                                                                                         |     |                                              |     — |     |         | — |     |         | — |     |       | 419.5 |
| Investments at fair value                                                                                                                                                                                                                                                                                                                                                                                           |     | $                                            | 353.2 |     | $       | — |     | $       | — |     | $     | 772.7 |
| (1) In accordance with Accounting Standard Codification 820-10, certain investments that were measured at net asset value per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts represented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the statement of net assets available for benefits. |     |                                              |       |     |         |   |     |         |   |     |       |       |

<div align='center'>8</div>

#### Transfers Between 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. In such instances, the transfer is reported at the beginning of the reporting period.

We evaluate the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to the total net assets available for benefits. There were no transfers between levels during 2024 or 2023.

Note 4 - Investment Contract with Insurance Company

The Plan has a traditional fully benefit-responsive investment contract with John Hancock Life Insurance Company (U.S