Company: GEF
Filing Date: 2025-11-19
Form Type: 10-KT
Source: 0001628280-25-053146
Chunk: 120

Company: GREIF, INC
Filing Date: 2025-11-19
Form: 10-KT
Chunk 120
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 be material to future earnings.

Aside from the Diamond Alkali Superfund Site, other environmental reserves of the Company as of September 30, 2025 and October 31, 2024 included $ 7.5million and $ 6.7million, respectively, for its various facilities around the world.

As of September 30, 2025 and October 31, 2024, the Company’s environmental reserves were $ 17.3million and $ 16.5million, respectively. These reserves are principally based on environmental studies and cost estimates provided by third parties, but also take into account management estimates. The estimated liabilities are reduced to reflect the anticipated participation of other potentially responsible parties in those instances where it is probable that such parties are legally responsible and financially capable of paying their respective shares of relevant costs.

#### NOTE 11 – EARNINGS PER SHARE
The Company has twoclasses of common stock and, as such, applies the “two-class method” of computing earnings per share (“EPS”) as prescribed in ASC 260, “Earnings Per Share.” In accordance with this guidance, earnings are allocated in the same fashion as dividends would be distributed. Under the Company’s certificate of incorporation, any distribution of dividends in any year must be made in proportion of onecent a share for Class A Common Stock to one and one-half cents a share for Class B Common Stock, which results in a 40% to 60% split to Class A and B shareholders, respectively. In accordance with this, earnings are allocated first to Class A and Class B Common Stock to the extent that dividends are actually paid, and the remainder is allocated assuming all of the earnings for the period have been distributed in the form of dividends.

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#### Table of Contents
The Company calculates EPS as follows:

| Basic Class A EPS                                                                   |     | =                                          |     | 40% * Average Class A Shares Outstanding                                    |     | * |     | Undistributed Net Income |     | + |     | Class A Dividends Per Share |
| 40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding |     | Average Class A Shares Outstanding         |     |                                                                             |     |   |     |                          |     |   |     |                             |
| Diluted Class A EPS                                                                 |     | =                                          |     | 40% * Average Class A Shares Outstanding                                    |     | * |     | Undistributed Net Income