What is the best way to report high impact risk event occurrences to project stakeholders?

The best way to report high impact risk event occurrences to project stakeholders is to provide clear and concise communication that outlines the event, the potential impact, and the steps being taken to mitigate the risk. It is important to provide stakeholders with timely updates on the progress of the risk mitigation efforts and to ensure that any changes to the project timeline or budget are communicated in a timely manner.