Company: TISI
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0000318833-25-000050
Chunk: 2

Company: TEAM INC
Filing Date: 2025-06-20
Form: 11-K
Chunk 2
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 underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ Melton & Melton, L.L.P.

We have served as the Plan's auditor since 2014.

Houston, Texas

June 20, 2025

<div align='center'>3</div>

#### TEAM, INC. SALARY DEFERRAL PLAN AND TRUST

#### Statements of Net Assets Available for Benefits

#### December 31, 2024 and 2023
| Assets:                            |     | 2024 |             |     | 2023 |             |
|:-----------------------------------|:----|:-----|------------:|:----|:-----|------------:|
| Investments, at fair value         |     | $    | 349,295,593 |     | $    | 317,102,622 |
| Notes receivable from participants |     |      |   7,942,112 |     |      |   7,038,546 |
| Other                              |     |      |         666 |     |      |       4,652 |
| Total assets                       |     |      | 357,238,371 |     |      | 324,145,820 |
| Liabilities:                       |     |      |             |     |      |             |
| Other                              |     |      |           — |     |      |      -2,436 |
| Total liabilities                  |     |      |           — |     |      |      -2,436 |
| Net assets available for benefits  |     | $    | 357,238,371 |     | $    | 324,143,384 |

<div align='center'>See accompanying notes to financial statements.

4</div>

#### TEAM, INC. SALARY DEFERRAL PLAN AND TRUST
<div align='center'>Statement of Changes in Net Assets Available for Benefits</div>

#### Year Ended December 31, 2024
| Additions to net assets available for benefits attributed to:    
 Investment income: