Category: Asia Pacific

MIL-OSI Asia-Pac: Ghaziabad Nagar Nigam pioneers sustainable water management through India’s first certified Green Municipal Bonds

Source: Government of India

Posted On: 29 APR 2025 4:52PM by PIB Delhi

Under the Swachh Bharat Mission-Urban, Ghaziabad has taken a landmark step in promoting sustainable infrastructure and urban resilience by successfully issuing India’s first Certified Green Municipal Bond, raising ₹150 crore for the development of a cutting-edge Tertiary Sewage Treatment Plant (TSTP).

This isn’t just another infrastructure project—it is a game-changer that reflects Ghaziabad’s commitment to creating a sustainable future for its citizens. The funds have been directed towards the development of an advanced TSTP, a state-of-the-art facility designed to treat and reuse wastewater on an unprecedented scale.

The Green Municipal Bond marked a new chapter in India’s financial landscape, providing a sustainable model for funding urban infrastructure. With support from the Govt. of India and the Govt. of Uttar Pradesh*, this project is more than just a water treatment facility; it is a blueprint for future cities across India to combine financial discipline with environmental responsibility.

At the heart of the initiative lies the Tertiary Sewage Treatment Plant (TSTP), a technological marvel that utilizes advanced Membrane Filtration Technologies including microfiltration, ultrafiltration, nanofiltration, and reverse osmosis (RO). These cutting-edge technologies work together to ensure that treated water meets the highest standards, making it suitable for reuse in industrial processes.

With a treatment capacity of 40 MLD, the TSTP is connected to a sprawling 95 km pipeline network, delivering treated water to over 1,400 industrial units across Ghaziabad. The plant ensures that wastewater no longer goes to waste but is instead transformed into a valuable resource that supports the city’s industrial sector, reducing dependency on freshwater sources.

The project’s success lies not only in its technological and environmental achievements but also in its innovative financial structure. The TSTP was developed under the Public-Private Hybrid Annuity Model (PPP-HAM), with 40% municipal funding. This public-private partnership approach helped streamline the project’s implementation while ensuring financial discipline. GNN’s success in raising ₹150 crore through the Green Bond issuance demonstrated investor confidence in the city’s sustainable approach and has brought a new level of financial transparency and discipline to the Urban Local Body (ULB).

GNN also contracted with over 800 firms, to supply 9.5 MLD of tertiary treated water, further establishing the city’s leadership in urban water management. Ghaziabad’s innovative approach didn’t go unnoticed on the global stage. The city was honoured with the Best Municipal Treated Water Reuse Award at the Water Digest World Water Awards 2024-25, a recognition that acknowledges the city’s excellence in water conservation, recycling, and sustainable water management.

A team of 22 students and 4 faculty members from West Suffolk College, England, visited the Ghaziabad Municipal Corporation as part of an exposure visit. The team explored the TSTP plant and other municipal projects, gaining insights into Ghaziabad’s commitment to smart cities and sustainable development.

With its pioneering efforts in advanced water treatment technologies, innovative financial models, and a commitment to environmental sustainability, Ghaziabad is leading the charge in India’s quest for cleaner, smarter, and more resilient cities.

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April 30, 2025
MIL-OSI Asia-Pac: Findings of the Forward-Looking Survey on Private Sector CAPEX Investment Intentions
Source: Government of India

Findings of the Forward-Looking Survey on Private Sector CAPEX Investment Intentions
(Survey period: November 2024 to January 2025)

Private Corporate Sector CAPEX: Three-Year Trends and Future Outlook:

Posted On: 29 APR 2025 4:16PM by PIB Delhi

Key findings:
- The average Gross Fixed Assets per enterprise in the private corporate sector increased from ₹3,151.9 crore in 2021–22 to ₹3,279.4 crore in 2022–23 (4% growth), and further to ₹4,183.3 crore in 2023–24, reflecting a significant 27.5% growth.
- The estimated CAPEX per enterprise for the years 2021–22, 2022–23, and 2023–24 was ₹109.2 crore, ₹148.8 crore and ₹107.6 crore respectively.
- The estimated provisional capital expenditure per enterprise for purchasing new assets in 2024–25 is ₹172.2 crore.
- Overall increase of 66.3% in aggregate CAPEX (unweighted) over the four-year period from 2021-22 to 2024-25.
- The strategy of 40.3% of enterprises is to undertake CAPEX on core assets during 2024–25, followed by 28.4% to invest in value addition to existing assets
Survey Background:

In 2022–23, the Parliamentary Standing Committee recommended that the Ministry of Statistics and Programme Implementation (MoSPI) develop a comprehensive methodology to capture capital expenditure (CAPEX) data from the private sector. Survey instruments designed to capture data on past investments, projected CAPEX for the next two years, and the breakdown of investments by asset type were developed in alignment with the specifications of the Department of Economic Affairs (DEA), Ministry of Finance.

Responding to this recommendation, the National Statistical Office (NSO) conducted the inaugural Forward-Looking Survey on Private Sector CAPEX Investment Intentions between November 2024 and January 2025. This marked the first initiative of MoSPI to engage the corporate sector through a self-administered, web-based survey platform, supported by chatbot assistance, to collect structured CAPEX data. MoSPI has released the findings of the survey in the form of a comprehensive booklet. A brief overview of key aspects, such as survey coverage, sampling methodology, and data collection process, is included in the Endnote.

The primary objective of the CAPEX survey is to estimate the CAPEX trends of private corporate sector enterprises from the past three financial years (2021-22, 2022-23 & 2023-24) along with anticipated capital expenditure for the current year (2024-25) and upcoming financial years (2025-26).

Key advantages of the Survey:

Capital expenditure (CAPEX) plays a crucial role in contributing to national investment and enhancing the stock of physical assets within the economy. It leads to the creation of long-term assets, which not only generate revenue for many years but also improve the overall operational efficiency of economic activities. CAPEX is fundamental to expanding production capacity, thereby serving as a catalyst for accelerated economic growth. This growth, in turn, supports job creation and enhances labour productivity.

Comprehensive data on CAPEX will be a valuable asset for a wide range of stakeholders, including government departments, private enterprises, trade associations, researchers, and other relevant entities. It will enable evidence-based policy formulation through the analysis of trends in future investments. Furthermore, a clear understanding of CAPEX patterns and scale can assist enterprises in making strategic, data-driven investment decisions, guided by the insights derived from survey findings.

Important Caveat:

In this inaugural edition of the survey, industry participation varied, with an overall response rate of 58.3% (58.6% in the census sector and 57.2% in the sample sector). Respondents appeared cautious in disclosing CAPEX plans, often pending management approvals. Certain entities, such as Special Purpose Vehicles (SPVs) involved in infrastructure projects, were excluded from the survey frame as they report no turnover despite high CAPEX. Meanwhile, some included SPVs had no future investment plans due to project completion. As this is the first round of the survey, the findings may be seen as indicative and subject to refinement in future iterations. It is also important to note that the results reflect responses from larger enterprises above specified turnover thresholds and may not represent the entire private corporate sector. Users are advised to interpret the results keeping these limitations in mind.

Insights and Way Forward for Future Survey Conduct

The Forward-Looking Survey on Private Sector Capex Investment Intentions, the first of its kind by the NSO, was conducted under the Collection of Statistics Act, 2008. Notices were issued to selected enterprises, explaining the survey’s objectives and assuring confidentiality. However, some enterprises questioned the legitimacy of notices containing portal credentials, leading to multiple cyber risk concerns. Explaining portal usage and submission procedures over the phone was challenging. Data analysis revealed issues such as incorrect unit entries (e.g., Rupees instead of Rupees thousands) and non-responses to follow-up queries. Enterprises also faced difficulties in selecting correct NIC codes and estimating future investments when official data was unavailable.

CAPEX tends to rise when enterprises pursue growth strategies rather than maintain current operations. Despite challenges like weak demand, geopolitical tensions, and high borrowing costs, about 30% of firms plan to invest in upgradation in 2024–25, supporting the sharp increase in CAPEX for that year. The slightly lower intended CAPEX for 2025–26, though still above 2023–24 levels, reflects cautious planning after a strong 2024–25. Overall, the trend indicates growing corporate confidence and a judicious approach to investment amid improving economic certainty.

While the response rate and results were generally promising, this initial round of the survey can be considered as an experimental phase, providing valuable insights to refine the questionnaire, methodology, estimation processes, and overall implementation. The lessons learned will guide improvements for future surveys, with necessary adjustments to various aspects of the survey process. Moving forward, responding enterprises will be engaged more proactively before the survey, with concerns about the authenticity of the online survey being addressed, assistance provided in understanding the questionnaire, confidentiality of individual responses ensured, and field personnel deployed to support enterprises in overcoming technical and conceptual challenges in completing future-oriented surveys. Additionally, the survey will incorporate qualitative inputs, such as reasons for year-on-year changes in investment, to gain deeper insights into enterprise-level CAPEX intentions and trends. The next round of the CAPEX survey is expected to be conducted during October to December 2025.

Key highlights from the CAPEX results:

Aggregated (Unweighted, i.e. without applying any multiplier) CAPEX during (2021-22 to 2025-26)

A total of 2,172 enterprises submitted complete information for all five years of the reference period, forming a fixed panel. The aggregated (unweighted) CAPEX data from this panel of enterprises serves as a reliable basis for analyzing capital expenditure trends over the five-year period, as presented below. The results show an overall increase of 66.3% in aggregate CAPEX (unweighted) over the four-year period from 2021-22 to 2024-25.:

(in ₹ Crore)

Actual CAPEX in 2021-22

Actual CAPEX 2022-23

Actual CAPEX 2023-24

Intended CAPEX in 2024-25

Intended CAPEX in 2025-26

394,681.5

572,199.7

422,183.3

656,492.7

488,865.5

Out of the 3,064 responding enterprises, 2,172 reported their Capex intentions for 2025–26. The data indicates a cautious approach by respondents in declaring their capital expenditure plans. Therefore, the Capex data for 2025–26 should be interpreted with caution, considering the conservative approach and apprehension shown by the responding enterprises in reporting these figures. However, the results show an overall increase of 23.9% in aggregate CAPEX (unweighted) during 2021-22 to 2025-26 for this fixed panel of 2,172 enterprises.

Estimated Key Indicators for past years (2021-22 to 2023-24) by Industry of Activity as per National Industry of Classification (Activity Categories)

The average Gross Fixed Asset (GFA) per enterprise in the private corporate sector was estimated at ₹3,151.9 crore in 2021–22. It increased by 4.0% to ₹3,279.4 crores in 2022–23, and further grew by 27.5% to reach ₹4,183.3 crore in 2023–24.

The highest GFA per enterprise, exceeding ₹14,000 crore, was observed in the industry category ‘Electricity, Gas, Steam, and Air Conditioning Supply’, followed by ‘Manufacturing” enterprises (₹7,000 crore to ₹10,000 crore). Enterprises principally engaged in manufacturing activities accounted for more than 65% of the total Gross fixed asset^{^[1]} in private corporate sector over the past three years from 2021-22 to 2023-24 followed by enterprises engaged in ‘Electricity, Gas, Steam, and Air Conditioning Supply’ (8%-10%).

In 2021–22, the estimated actual CAPEX per enterprise was ₹109.3 crore, compared to the proposed value of ₹102.7 crore, resulting in a realisation ratio of 106.41 %. A similar trend was observed in 2022–23, where the estimated value of actual CAPEX per enterprise reached ₹148.8 crore against a proposed value of ₹133.3 crore, also yielding a realisation ratio exceeding 100%. For 2023–24, the realisation ratio stands at 99.7%, with the estimated actual CAPEX per enterprise at ₹107.6 and the proposed CAPEX at ₹107.9.

The estimated provisional capital expenditure per enterprise for acquiring new assets in 2024–25 stands at ₹172.2 crore. Among the sectors, manufacturing enterprises account for the largest share at 43.8%, followed by those in ‘Information and Communication Activities’ (15.6%) and ‘Transportation and Storage Activities’ (14.0%).

Estimated Key Indicators for 2023-24 by Asset Groups

The estimated provisional capital expenditure per enterprise for acquiring new assets in 2024–25 stands at ₹172.2 crore. Out of the total capital expenditure provisionally incurred in the year 2024-25, nearly 53.1% were utilized for purchasing machinery & equipment. The amount allocated for ‘capital work in progress’ (22.0%) and purchasing ‘dwellings, other buildings and structures’ (9.7%) had the next highest share of allocation.

Strategy of CAPEX in 2024-25

According to survey estimates, nearly 40.3% of enterprises plan to undertake CAPEX on core assets during 2024–25. Additionally, 28.4% intend to invest in value addition to existing assets, while around 11.5% focus on opportunistic assets, and 2.7% on debt strategies. The strategy of investing in distressed assets and non-performing loans was adopted by less than one-half of a percent of enterprises. Meanwhile, about 16.9% allocated their CAPEX towards other diverse investment strategies.

Objectives of CAPEX in 2024-25

The survey estimates indicate that nearly 49.6% of private corporate sector enterprises undertook CAPEX in 2024–25 primarily for income generation. An additional 30.1% directed their investments toward upgradation, while around 2.8% focused on diversification. Remaining 17.5% of enterprises reported using their CAPEX for other reasons.

The results of CAPEX survey are provided in the booklet which is available in the website of the Ministry (https://www.mospi.gov.in). To protect the confidentiality of CAPEX investment plans of individual enterprises, the Steering Committee of NSS Surveys recommended that unit-level data of CAPEX survey would not be disseminated.

Endnote: A brief about the coverage, sampling scheme, sample size and data collection mechanism in the Forward-Looking Survey on Private Sector CAPEX Investment Intentions:

A. Coverage:

The survey covered large private corporate sector enterprises that play a significant role in their respective sectors. The sampling frame was madeusing data from active enterprises registered with the Ministry of Corporate Affairs (MCA), filtered based on annual turnover thresholds achieved in at least one of the last three financial years. The eligibility criteria were as follows:
- Manufacturing enterprises with an annual turnover of ₹400 crore or more
- Trade enterprises with an annual turnover of ₹300 crore or more
- Other enterprises with an annual turnover of ₹100 crore or more
Based on these criteria, the final survey frame consisted of 16,025 enterprises.

B. Sampling Scheme:

Eligible enterprises were initially categorized into seventeen (17) strata based on their Principal Business Activity as reported in the MGT-7 Form of the Ministry of Corporate Affairs (MCA). In strata with 100 or fewer enterprises, all units were included in the Census Sector for complete enumeration.

For strata with more than 100 enterprises, the selection process involved identifying Census Sector Enterprises and Sample Sector Enterprises. To determine the Census Sector, enterprises were ranked in descending order based on (i) the highest fixed asset value in the past three years and (ii) the fixed asset value of latest reported year. The top enterprises accounting for 90% of asset value (or 80% for Construction and Trade) from either list were classified as Census Sector Enterprises. The remaining units formed the Sample Sector, from which 10% were randomly selected using Simple Random Sampling without Replacement (SRSWOR), with allocation proportional to each stratum’s size and variation.

C. Sample Size:

The sample size for the survey was of 5,380 enterprises: 4,145 enterprises in the Census Sector and 1,235 enterprises in sample sector.

D. Data Collection Mechanism:

The survey was conducted under the provisions of the Collection of Statistics Act, 2008, with prior notices sent to all selected enterprises outlining the survey’s objective and intended use of the data. Confidentiality of individual responses was strictly maintained, and no unit-level data would be disseminated. A secure, dedicated web portal was developed to enable selected enterprises to complete and submit the survey questionnaire online. The portal included background information on the survey, reasons for a unit’s selection, and chatbot support to assist respondents in understanding key concepts and definitions.

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April 30, 2025
MIL-OSI Asia-Pac: Hong Kong Customs combats unfair trade practices at medicine shop

Source: Hong Kong Government special administrative region

Hong Kong Customs combats unfair trade practices at medicine shop
Customs earlier received information alleging that a salesperson of a medicine shop in Jordan was suspected of providing material information about the total price of a proprietary Chinese medicine in an untimely manner. The total price, which was 10 times higher than what was expected, was only revealed after the medicine was ground into powder.

After an extensive investigation, Customs officers today arrested a 32-year-old salesman of the medicine shop concerned.

An investigation is ongoing and the arrested man was held for questioning.

Customs has long been concerned about visitors being misled into making purchases by unfair trade practices, and has established a Quick Response Team to handle urgent complaints lodged by short-term visitors. The complaints will be promptly referred to investigators to handle with priority.

With the Labour Day Golden Week of the Mainland approaching, Customs will continue to step up inspection and enforcement activities to vigorously combat unfair trade practices.

Customs reminds traders to comply with the requirements of the TDO, and consumers to purchase products from reputable shops. Consumers should also be cautious about the unit price for a commodity and ask for more information, including the total price of the goods selected, before making a purchase decision.

Under the TDO, any trader who engages in a commercial practice that omits or hides material information or provides material information in a manner that is unclear, unintelligible, ambiguous or untimely, and as a result causes, or is likely to cause, an average consumer to make a transactional decision, commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.

Members of the public may report any suspected violations of the TDO to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002/enIssued at HKT 18:35

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April 30, 2025
MIL-OSI Asia-Pac: CHP investigates case of Group A Streptococcal infection with necrotising fasciitis

Source: Hong Kong Government special administrative region

The Centre for Health Protection (CHP) of the Department of Health today (April 29) is investigating a case of Group A Streptococcal infection with necrotising fasciitis (NF).

The case involves a 47-year-old male with underlying illnesses. He developed a fever and left thigh pain on April 11 and sought medical treatment from a private hospital on Hong Kong Island on the same day. Due to the clinical diagnosis of NF complicated by septic shock, he was transferred to Queen Mary Hospital for treatment on the following day. He underwent amputation of his left lower limb on April 13. The patient is still hospitalised and is in stable condition. His clinical specimens tested positive for Group A Streptococcus.• Perform hand hygiene frequently. Wash hands with liquid soap and water, and rub for at least 20 seconds; then rinse with water and dry with a disposable paper towel or hand dryer. If hand washing facilities are not available, or when hands are not visibly soiled, they may be cleaned with 70 to 80 per cent alcohol-based handrub;
• Clean wounds immediately and cover properly with waterproof adhesive dressings until healed;
• Treat wounds immediately even for minor or non-infected wounds;
• Perform hand hygiene before and after touching wounds;
• Avoid going to swimming pools, other water facilities or natural bodies of water, e.g. rivers, lakes and oceans if you have an open wound; and
• Consult a doctor promptly if symptoms of infection develop, such as increasing redness, swelling and pain on the skin.

MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI Asia-Pac: Entries invited for State Technological Invention Award and State Scientific and Technological Progress Award

Source: Hong Kong Government special administrative region

Entries invited for State Technological Invention Award and State Scientific and Technological Progress Award
The STIA and SSTPA are two award categories under the State Science and Technology Awards. The Commission has been entrusted by the National Office for Science and Technology Awards to co-ordinate nominations from Hong Kong for the two awards since 2002.

“The State Science and Technology Awards are highly prestigious in the national science and technology sector. They aim to recognise outstanding contributions to the advancement of science and technology by individuals and organisations, as well as to stimulate the enthusiasm and creativity of persons working in the fields of science and technology, and to build an innovative and world-leading scientific and technological country. We encourage eligible local scientists and technologists to submit entries for the Awards,” a spokesman for the Commission said.

Entries for the STIA and SSTPA in Hong Kong will close on May 26, 2025. Details are available on www.itc.gov.hk/en/sstaIssued at HKT 18:05

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April 30, 2025
MIL-OSI Asia-Pac: Union Public Service Commission announces the result of the written part of the COMBINED DEFENCE SERVICES EXAMINATION (I) – 2025
Source: Government of India

Posted On: 29 APR 2025 3:34PM by PIB Delhi

On the basis of the results of the COMBINED DEFENCE SERVICES EXAMINATION (I), 2025 held by the Union Public Service Commission on 13^th April, 2025, 8516 candidates with the following Roll Numbers have qualified for being interviewed by the Service Selection Board of the Ministry of Defence, for admission to (i) Indian Military Academy, Dehradun 160^th (DE) Course commencing in January, 2026 (ii) Indian Naval Academy, Ezhimala, Kerala, Course commencing in January, 2026 (iii) Air Force Academy, Hyderabad (Pre-Flying) Training Course (219 F(P)) commencing in January, 2026 (iv) Officers Training Academy, Chennai123^rd SSC (Men) (NT) (UPSC) Course commencing in April, 2026 and (v) Officers Training Academy, Chennai, 37^th SSC Women (Non-Technical) (UPSC) Course commencing in April, 2026.
1. The candidature of all the candidates, whose Roll Numbers are shown in the lists below, is provisional. In accordance with the conditions of the admission to the examination, they are required to submit the original certificates in support of age (Date of Birth), educational qualifications, NCC (C) (Army Wing/Senior Division Air Wing/Naval Wing) etc. claimed by them to IHQ of MoD (Army) / Dte Gen of Rtg (Rtg A) CDSE Entry for SSC male candidates and SSC women entry for female candidates West Block III, R. K. Puram, New Delhi-110066 in case of IMA/SSC first choice candidates and IHQ of MoD (Navy DMPR (OI & R Section), Room No. 204,‘C’ Wing, Sena Bhawan, New Delhi-110011 in case of Navy first choice candidates and PO3 (A)/Air Headquarters ‘J’ Block, Room No. 17, Opp. Vayu Bhawan, Motilal Nehru Marg, New Delhi-110 106 in case of Air Force first choice candidates by the following dates failing which their candidature will stand cancelled.The original Certificates are to be submitted not later than 01stJanuary, 2026 for IMA & INA, not later than 13^th November, 2025 for AFA and not later than 1st April, 2026 in case of SSC course only. The candidates must not send the original Certificates to the Union Public Service Commission.
2. Candidates who qualified in the written exam and given their first choice as Army (IMA/OTA) are required to register themselves on the recruiting directorate website www.joinindianarmy.nic.in in order to enable them to receive call up information for SSB interview. Those candidates who have already registered on the recruiting directorate website are advised not to register again.
3. In case, there is any change of address, the candidates are advised to promptly intimate directly to the Army Headquarters/Naval Headquarters/Air Headquarters as the case may be.
4. For any further information, the candidates may contact Facilitation Counter near Gate “C” of the Commission, either in person or on telephone numbers 011-23385271, 011- 23381125 and 011-23098543 between 10:00 hrs to 17:00 hrs on any working day. In addition for SSB/interview related matter the candidates may contact over telephone no. 011-26175473 or joinindianarmy.nic.infor Army as first choice, 011-23010097 /Email: officer-navy[at]nic[dot]in or joinindiannavy.gov.in for Navy/Naval Academy as first choice and 011-23010231 Extn. 7645 / 7646 / 7610or www.careerindianairforce.cdac.in for Air Force as first choice. Candidates can also obtain information regarding their result by accessing UPSC website http://www.upsc.gov.in
5. The marks-sheet of candidates who have not qualified, will be available on the Commission’s website within 15 days from the date of publication of the final result of OTA (after conducting SSB Interview) and will remain available on the website for a period of 30 days.
Click here to check the result:-

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April 30, 2025
MIL-OSI Asia-Pac: Indian and U.S. officials meet in Washington, Bilateral Trade Agreement Talks Make Positive Progress

Source: Government of India

Posted On: 29 APR 2025 3:11PM by PIB Delhi

As part of ongoing discussions on the India-US Bilateral Trade Agreement, representatives of India’s Department of Commerce and the Office of the U.S. Trade Representative met in Washington, D.C. from 23-25 April 2025. This follows earlier bilateral discussions held in March, 2025 in New Delhi.

During the meetings in Washington, D.C., the team had fruitful discussions on wide ranging subjects covering tariff and non-tariff matters. The team discussed the pathway for concluding the first tranche of the mutually beneficial, multi-sector Bilateral Trade Agreement by Fall of 2025, including through opportunities for early mutual wins. While productive Sectoral expert level engagements have taken place through the virtual format, in-person Sectoral engagements are planned from end May.

The productive discussions are part of bilateral efforts in line with Leaders’ Statement of February 2025 to enhance and expand India-U.S. economic ties and supply chain integration through the Bilateral Trade Agreement.

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April 30, 2025
MIL-OSI Asia-Pac: Health Bureau and Hospital Authority jointly organise first District Council briefing on fees and charges reform for public healthcare (with photos)

Source: Hong Kong Government special administrative region

The Health Bureau (HHB), together with the Hospital Authority (HA), organised the first District Council (DC) briefing on fees and charges reform for public healthcare today (April 29) to explain the details of the fees and charges reform for public healthcare, particularly the measures for enhancing patient protection, to over 200 DC members and local community members.

The Secretary for Health, Professor Lo Chung-mau, said, “The fees and charges reform for public healthcare aims to enhance healthcare protection for ‘poor, acute, serious, critical’ patients, rationalise the subsidy levels of public hospital services, and reduce wastage and abuse, while enhancing the sustainability of the public healthcare system. Through this briefing, we hope to elaborate details of the reform to DC members, and leverage the role of DC as a bridge to help members of the public better understand that the reform is pursued for their benefits.”

The Deputising Chief Executive of the HA, Dr Simon Tang, highlighted the three key measures for strengthening healthcare protection, namely, enhancing the medical fee waiver mechanism, introducing an annual cap of $10,000 for public healthcare fees and charges, and optimising the application and subsidisation of innovative drugs and medical devices. He said, “The HA will streamline the application procedures for the medical fee waiver and safety net to ensure the smooth implementation of the reform.”

Since the announcement of the fees and charges reform for public healthcare, the HHB and the HA have been explaining the reform to the Legislative Council, members of the public, and stakeholders of various sectors, and have produced various information packs, short videos and promotional materials to help the public understand the new healthcare protection measures. In particular, the HA website and the HA mobile app “HA Go” have launched a means test calculator, where users only need to input their information, such as household income and assets, for a preliminary assessment of their eligibility for the enhanced medical fee waiver and the Samaritan Fund.

The new fees and charges for public healthcare will take effect on January 1 next year. The HHB and the HA will organise another DC briefing next week and will continue to actively explain the details to members of the public.

MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI Asia-Pac: Clusters of Carbapenemase-producing Enterobacterales cases in Ruttonjee and Tang Shiu Kin Hospitals

Source: Hong Kong Government special administrative region

Clusters of Carbapenemase-producing Enterobacterales cases in Ruttonjee and Tang Shiu Kin Hospitals
???Two male and three female patients (aged 50 to 90) of an Orthopaedics & Traumatology ward in RTSKH have been confirmed as carriers of Carbapenemase-producing Enterobacteriaceae upon testing since April 17. One patient passed away due to her own underlying disease. The remaining four patients are being treated in isolation and in stable condition.

The hospital will continue the contact tracing investigation of close contacts of the patients in accordance with the prevailing guidelines. A series of enhanced infection control measures have already been adopted:
The hospital will continue to closely monitor the situation of the patients. The cases have been reported to the Hospital Authority Head Office and the Centre for Health Protection for necessary follow-up.
Issued at HKT 17:35

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MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI Asia-Pac: Appeal for information on missing man in Tseung Kwan O (with photo)

Source: Hong Kong Government special administrative region

Police today (April 29) appealed to the public for information on a man who went missing in Tseung Kwan O.

Chau Kwai-lun Allen, aged 45, went missing after he was last seen on Tong Ming Street in July, 2024. His family then made a report to Police.

He is about 1.67 metres tall, 59 kilograms in weight and of medium build. He has a round face with yellow complexion and short black hair. He was last seen in unknown clothing.

Anyone who knows the whereabouts of the missing man or may have seen him is urged to contact the Regional Missing Persons Unit of Kowloon East on 3661 0316 or 5632 5537 or email to rmpu-ke-2@police.gov.hk, or contact any police station.

MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI Asia-Pac: TRAI releases Pre-Consultation Paper on

Source: Government of India

TRAI releases Pre-Consultation Paper on

“Review of Tariff for Domestic Leased Circuits (DLCs)”

Posted On: 29 APR 2025 2:51PM by PIB Delhi

The Telecom Regulatory Authority of India (TRAI) has today released a Pre-Consultation Paper on “Review of Tariff for Domestic Leased Circuits (DLCs)” seeking inputs from stakeholders.

To facilitate this review, the Authority invites all stakeholders to participate in the present pre-consultation process by submitting relevant issues, concerns and suggestions pertaining to the existing ceiling tariff of Domestic Leased Circuits.

Written comments on the Pre-Consultation Paper are invited from stakeholders by 19th May 2025. Inputs/Comments received from stakeholders would be analysed and considered by the Authority to examine the need for a review of DLC tariffs.

The comments may be sent, preferably in electronic form at advfea2@trai.gov.in. For any clarification / information Shri Vijay Kumar, Advisor (Financial & Economic Analysis), TRAI, may be contacted at Telephone No. +91-11-20907773.

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April 30, 2025
MIL-OSI Asia-Pac: Four incoming passengers convicted and jailed for importing duty-not-paid cigarettes and alternative smoking products (with photos)

Source: Hong Kong Government special administrative region

Two men and two women were each sentenced to four to six months’ imprisonment and fined $500 at the West Kowloon Magistrates’ Courts yesterday (April 28) and today (April 29) for importing duty-not-paid cigarettes and failing to declare to Customs officers, as well as for importing alternative smoking products, in contravention of the Dutiable Commodities Ordinance (DCO) and the Import and Export Ordinance (IEO).

Customs officers intercepted two incoming male passengers and two incoming female passengers, aged between 28 and 37, at Hong Kong International Airport on February 28 and March 3. About 138 000 duty-not-paid cigarettes and about 7 400 alternative smoking products, with an estimated market value of about $588,000 and a duty potential of about $456,000 in total, were seized from their personal baggage. They were subsequently arrested.

Customs welcomes the sentence. The custodial sentence has imposed a considerable deterrent effect and reflects the seriousness of the offences.

Under the DCO, tobacco products are dutiable goods to which the DCO applies. Any person who imports, deals with, possesses, sells or buys illicit cigarettes commits an offence. The maximum penalty upon conviction is a fine of $1 million and imprisonment for two years.

Under the IEO, any person who imports an alternative smoking product into Hong Kong commits an offence. The maximum penalty upon conviction is a fine of $2 million and imprisonment for seven years.

Members of the public may report any suspected illicit cigarette activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI Asia-Pac: Prime Minister congratulates Ms. Kamla Persad-Bissessar on election victory in Trinidad and Tobago

Source: Government of India

Posted On: 29 APR 2025 2:49PM by PIB Delhi

Prime Minister Shri Narendra Modi extended his congratulations to Ms. Kamla Persad-Bissessar on her victory in the elections. He emphasized the historically close and familial ties between India and Trinidad and Tobago.

In a post on X, he wrote:

“Heartiest congratulations @MPKamla on your victory in the elections. We cherish our historically close and familial ties with Trinidad and Tobago. I look forward to working closely with you to further strengthen our partnership for shared prosperity and well-being of our people.”

Heartiest congratulations @MPKamla on your victory in the elections. We cherish our historically close and familial ties with Trinidad and Tobago. I look forward to working closely with you to further strengthen our partnership for shared prosperity and well-being of our people.

— Narendra Modi (@narendramodi) April 29, 2025

***

MJPS/SR

(Release ID: 2125122) Visitor Counter : 24

MIL OSI Asia Pacific News –

April 30, 2025
MIL-OSI USA: April 29th, 2025 Heinrich Statement Slamming Trump’s First 100 Days

US Senate News:

Source: United States Senator for New Mexico Martin Heinrich
Heinrich: “Donald Trump and Elon Musk are tanking our economy, pushing us into a recession, and throwing working families under the bus”
WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.) released the following statement slamming Donald Trump’s first 100 days in office:
“In his first 100 days, Donald Trump has raised the cost of YOUR health care, groceries, and utilities; slapped a $4,000 tax on YOUR family with his chaotic tariffs; attacked Social Security, Medicaid, and Medicare; delayed veteran benefits; undermined our children’s public education; schemed to sell off YOUR public lands; fired wildland firefighters who protect our communities from dangerous wildfires; and unlawfully blocked hundreds of millions of dollars I helped pass into law for working families. Trump is doing all of this to bankroll massive tax handouts for himself, Elon Musk, and billionaire donors.
“Instead of putting New Mexico families first, Donald Trump and Elon Musk are tanking our economy, pushing us into a recession, and throwing working families under the bus. As New Mexico’s senior senator, I will fight like hell to hold Trump accountable and uplift the voices of New Mexicans harmed by Trump’s chaos. I’ll always put New Mexico families first — that’s who I’m fighting for.”
Heinrich has amplified New Mexicans concerned about President Trump’s harmful actions and unqualified nominees.
In January, Heinrich delivered the longest speech of his career, where he slammed President Trump’s unlawful unilateral blockade of all federal grant funding. In his remarks, Heinrich uplifted stories from New Mexicans on how Trump’s federal funding freeze endangered New Mexicans and threatened communities across the state. Find the video of Heinrich sharing letters from New Mexicans on the Senate floor here.
In February, Heinrich delivered remarks on the Senate floor amplifying the voices of New Mexicans opposing the nomination of Russell Vought to lead the Office of Management and Budget (OMB). Mr. Vought is the lead architect of Project 2025, the policy blueprint for Donald Trump’s harmful agenda to throw the government into chaos and harm working families.
Heinrich also uplifted the voices of New Mexicans opposing the nomination of Robert F. Kennedy, Jr. to be the U.S. Secretary for Health and Human Services (HHS). In his remarks, Heinrich condemned Mr. Kennedy’s long track record of spreading fear, peddling misinformation, and promoting conspiracy theories. Heinrich recounted how Mr. Kennedy’s 2019 trip to the Pacific island of Samoaintensified vaccine skepticism and contributed to a deadly measles outbreak that killed 83 people, mostly children under five.
Additionally, Heinrich raised New Mexicans’ concerns over Tulsi Gabbard’s nomination for the Director of National Intelligence. In his remarks on the Senate floor, Heinrich emphasized the risk Gabbard’s nomination poses to our national security and discussed Ms. Gabbard’s lack of qualifications and judgment, particularly relating to her 2017 trip to Bashar al-Assad’s Syria. Heinrich zeroed in on Ms. Gabbard’s false denial during her confirmation hearing before the Senate Intelligence Committee about meeting with Ahmad Badreddin Hassoun, Syria’s most senior Sunni Muslim cleric during the Assad regime who made threats to conduct suicide bomb attacks in the United States.
Heinrich has led Senate Democrats in sounding the alarm on Elon Musk and Donald Trump’s destructive actions, which are weakening our economy and threatening the livelihoods of New Mexicans.
In an interview with Jim Sciutto on CNN’s The Situation Room, Heinrich vocalized the concerns of his constituents, who continue to write-in and call his office opposing Trump’s harmful actions, which are impacting New Mexico families and their financial security.Watch the full video of that interview here.
Since Trump took office in 2025, Heinrich:
Introduced a resolution condemning Trump’s pardons of people found guilty of assaulting police officers on January 6.
Led Senate Democrats in sounding the alarm on Elon Musk and Donald Trump’s destructive actions that are wreaking havoc on Americans, weakening our economy, and threatening the livelihoods of New Mexicans.

MIL OSI USA News –

April 30, 2025
MIL-OSI USA: Standing Together, Attorney General Bonta and 20 State Attorneys General Call Out Law Firms’ Capitulation to Trump’s Anti-Democratic Demands

Source: US State of California Department of Justice

OAKLAND – California Attorney General Rob Bonta today, alongside the 20 other state attorneys general, expressed in an open letter his continued support for the law firms that have fought back against President Trump’s unconstitutional attempts to target law firms and lawyers for advocacy the Trump Administration disfavors. The letter goes on to express profound disappointment with some of the country’s largest law firms for capitulating to President Trump’s unlawful, anti-democratic demands. In a series of executive orders, President Trump has targeted law firms that represent clients or positions he disagrees with. These orders strike at the heart of First Amendment principles and are unconstitutional on their face. In the open letter, the state attorneys general reaffirm their commitment to supporting those law firms that have chosen to fight back — and urge those law firms that capitulated to the Administration’s demands to rescind their agreements and join them in the fight.

“The Trump Administration’s increasing attacks on the rule of law, our legal system, and our independent judiciary are galling,” said Attorney General Bonta. “Since taking office, the President has launched a full-frontal assault on our democracy, and our legal system has played a necessary and invaluable role in these first 100 days in providing a check to his executive power. The decision by some of our nation’s largest law firms to capitulate to the President’s unreasonable, unprecedented, and frankly unconstitutional demands will only serve to embolden him further and create a chilling effect among legal professionals seeking to fairly and justly represent their clients. I stand by those firms that are resisting the pressure to submit to these demands and urge those law firms that already capitulated to change course and join us in defense of rule of law.”

In this dark moment, we must be clear-eyed about what is occurring. Together with the President’s other attempts to eliminate checks on executive power, this Administration’s efforts to co-opt the legal profession — aided by the complicity of some of America’s most prominent law firms — are unmistakable steps on a path to eviscerating the critical constitutional safeguards that have long distinguished our country from authoritarian regimes. Fortunately, there is another path. Four law firms have sued to block President Trump’s unconstitutional executive orders: Perkins Coie, WilmerHale, Jenner & Block, and Susman Godfrey. All four law firms have succeeded in obtaining court orders temporarily blocking the executive orders targeting their firms.

Attorney General Bonta, alongside other state attorneys general and courageous law firms, has stood in strong support of these firms, filing amicus briefs in support of Perkins Coie, WilmerHale, Jenner & Block, and Susman Godfrey. He has also vigorously spoken out against the Trump Administration’s assault on the rule of law. Last month, Attorney General Bonta, along with 20 other state attorneys general issued an open letter urging the legal community to stand together in defense of the rule of law in response to President Trump’s recent attacks, which include calls for the impeachment of federal judges and threats of retribution against law firms and attorneys who take or have taken positions in opposition to him or his Administration. Attorney General Bonta also issued a separate statement on the need to speak up and push back when our democratic norms are violated, our legal system undermined, and our laws broken.

Attorney General Bonta joins the attorneys general of New Jersey, Colorado, Delaware, Illinois, Arizona, Connecticut, Hawaii, Massachusetts, Maine, Michigan, Minnesota, New Mexico, Nevada, New York, Oregon, Rhode Island, Vermont, Washington, and the District of Columbia in sending the letter.

A copy of the letter is available here.

MIL OSI USA News –

April 30, 2025
MIL-OSI USA: SPC Severe Thunderstorm Watch 189

Source: US National Oceanic and Atmospheric Administration

Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
SEL9

URGENT – IMMEDIATE BROADCAST REQUESTED
Severe Thunderstorm Watch Number 189
NWS Storm Prediction Center Norman OK
130 PM CDT Tue Apr 29 2025

The NWS Storm Prediction Center has issued a

* Severe Thunderstorm Watch for portions of
Southeast Illinois
Southern Indiana
Northwest Kentucky

* Effective this Tuesday afternoon and evening from 130 PM until
800 PM CDT.

* Primary threats include…
Scattered damaging winds likely with isolated significant gusts
to 75 mph possible
Scattered large hail events to 1.5 inches in diameter possible
A tornado or two possible

SUMMARY…A cluster of thunderstorms over southeast Missouri will
track eastward through the afternoon, posing a risk of damaging wind
gusts and some hail.

The severe thunderstorm watch area is approximately along and 55
statute miles north and south of a line from 5 miles north of
Carbondale IL to 35 miles north northeast of Louisville KY. For a
complete depiction of the watch see the associated watch outline
update (WOUS64 KWNS WOU9).

PRECAUTIONARY/PREPAREDNESS ACTIONS…

REMEMBER…A Severe Thunderstorm Watch means conditions are
favorable for severe thunderstorms in and close to the watch area.
Persons in these areas should be on the lookout for threatening
weather conditions and listen for later statements and possible
warnings. Severe thunderstorms can and occasionally do produce
tornadoes.

&&

OTHER WATCH INFORMATION…CONTINUE…WW 187…WW 188…

AVIATION…A few severe thunderstorms with hail surface and aloft to
1.5 inches. Extreme turbulence and surface wind gusts to 65 knots. A
few cumulonimbi with maximum tops to 500. Mean storm motion vector
25035.

…Hart

SEL9

URGENT – IMMEDIATE BROADCAST REQUESTED
Severe Thunderstorm Watch Number 189
NWS Storm Prediction Center Norman OK
130 PM CDT Tue Apr 29 2025

The NWS Storm Prediction Center has issued a

* Severe Thunderstorm Watch for portions of
Southeast Illinois
Southern Indiana
Northwest Kentucky

* Effective this Tuesday afternoon and evening from 130 PM until
800 PM CDT.

* Primary threats include…
Scattered damaging winds likely with isolated significant gusts
to 75 mph possible
Scattered large hail events to 1.5 inches in diameter possible
A tornado or two possible

SUMMARY…A cluster of thunderstorms over southeast Missouri will
track eastward through the afternoon, posing a risk of damaging wind
gusts and some hail.

The severe thunderstorm watch area is approximately along and 55
statute miles north and south of a line from 5 miles north of
Carbondale IL to 35 miles north northeast of Louisville KY. For a
complete depiction of the watch see the associated watch outline
update (WOUS64 KWNS WOU9).

PRECAUTIONARY/PREPAREDNESS ACTIONS…

REMEMBER…A Severe Thunderstorm Watch means conditions are
favorable for severe thunderstorms in and close to the watch area.
Persons in these areas should be on the lookout for threatening
weather conditions and listen for later statements and possible
warnings. Severe thunderstorms can and occasionally do produce
tornadoes.

&&

OTHER WATCH INFORMATION…CONTINUE…WW 187…WW 188…

AVIATION…A few severe thunderstorms with hail surface and aloft to
1.5 inches. Extreme turbulence and surface wind gusts to 65 knots. A
few cumulonimbi with maximum tops to 500. Mean storm motion vector
25035.

…Hart

Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
SAW9
WW 189 SEVERE TSTM IL IN KY 291830Z – 300100Z
AXIS..55 STATUTE MILES NORTH AND SOUTH OF LINE..
5N MDH/CARBONDALE IL/ – 35NNE SDF/LOUISVILLE KY/
..AVIATION COORDS.. 50NM N/S /48ENE FAM – 33N IIU/
HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..65 KNOTS.
MAX TOPS TO 500. MEAN STORM MOTION VECTOR 25035.

LAT…LON 38658925 39438548 37848548 37068925

THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
FOR WOU9.

Watch 189 Status Report Message has not been issued yet.

Note: Click for Complete Product Text.Tornadoes

Probability of 2 or more tornadoes

Low (20%)

Probability of 1 or more strong (EF2-EF5) tornadoes

Low (5%)

Wind

Probability of 10 or more severe wind events

High (70%)

Probability of 1 or more wind events > 65 knots

Mod (30%)

Hail

Probability of 10 or more severe hail events

Mod (40%)

Probability of 1 or more hailstones > 2 inches

Low (20%)

Combined Severe Hail/Wind

Probability of 6 or more combined severe hail/wind events

High (90%)

For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

MIL OSI USA News –

April 30, 2025
MIL-OSI Security: Claremore Man Sentenced for Involuntary Manslaughter and Assault

Source: Office of United States Attorneys

TULSA, Okla. – A Claremore man was sentenced today for involuntary manslaughter and assault that resulted in serious bodily injury, announced U.S. Attorney Clint Johnson.

U.S. District Judge John D. Russell sentenced Jerry Dean Luton, III, 35, for Involuntary Manslaughter in Indian Country and Assault Resulting in Serious Bodily Injury in Indian Country. Judge Russell ordered Luton to serve 84 months’ imprisonment, followed by three years of supervised release.

Court records show that in August 2023, Timothy Austin was driving with his wife when Luton crossed the center line, hitting the Austins’ vehicle head-on, killing Timothy and injuring his wife of more than 51 years. The investigation revealed that Luton was driving without a license and impaired by alcohol, methamphetamine, and marijuana in his system.

Luton is a citizen of the Cherokee Nation and was permitted to remain on bond and voluntarily surrender to the U.S. Bureau of Prisons.

The FBI and the Oklahoma Highway Patrol investigated the case. Assistant U.S. Attorney Matthew P. Cyran prosecuted the case.

MIL Security OSI –

April 30, 2025
MIL-OSI USA: Washington State Challenges Trump Administration’s Dismantling of AmeriCorps

Source: Washington State News

SEATTLE — Washington state Attorney General Nick Brown today joined a multistate lawsuit challenging an illegal executive order that terminated AmeriCorps grants and reduced the agency’s workforce by 85 percent. The order effectively ended the program that provides opportunities to more than 200,000 Americans to serve their communities. The coalition includes 23 attorneys general and the states of Kentucky and Pennsylvania.

AmeriCorps is an independent federal agency tasked with engaging Americans in meaningful public service that directly addresses educational, public safety, and environmental needs in local communities. AmeriCorps members and volunteers connect veterans to essential services, fight the opioid epidemic, help older adults age with dignity, rebuild communities after disasters, and improve the physical and mental well-being of millions of Americans.

“AmeriCorps provides hope and belonging in American communities nationwide. It gives inspiration and purpose to the young people who join its ranks annually,” Brown said. “But the president thinks public programs and public dollars are his to do with what he will, snatching them up through the same scheming that federal courts have already said is likely illegal.”

In early February, the Trump Administration issued an executive order directing every federal agency to plan to reduce the size of its workforce and prepare to initiate in large-scale reductions in force. Since then, AmeriCorps has placed at least 85% of its workforce on administrative leave and notified employees that they would be terminated by June 24.

On April 25, the federal government notified Washington state that it terminated its AmeriCorps grant programs, which support volunteer and service efforts.

In the complaint, Attorney General Brown and the multistate coalition argue that by abruptly canceling critical grants and gutting AmeriCorps’ workforce, the Trump Administration is effectively shuttering the national volunteer agency and ending the states’ abilities to support AmeriCorps programs.

The coalition asserts that the Trump Administration acted illegally in its gutting of AmeriCorps, violating both the Administrative Procedures Act and the separation of powers under the U.S. Constitution. Congress created AmeriCorps and the programs it administers, and the President cannot incapacitate the agency’s ability to administer appropriated grants or carry out statutorily assigned duties. Further, by dismantling AmeriCorps and its programs, which are creatures of Congress, the Trump Administration has violated the Executive Branch’s obligation to take care that the law is faithfully executed.

In joining today’s lawsuit Attorney General Brown joins the attorneys general of Maryland, Delaware, California, Colorado, Arizona, Connecticut, Hawaii, Illinois, Maine, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, Rhode Island, Vermont, Wisconsin, the District of Columbia and the states of Kentucky and Pennsylvania.

-30-

Washington’s Attorney General serves the people and the state of Washington. As the state’s largest law firm, the Attorney General’s Office provides legal representation to every state agency, board, and commission in Washington. Additionally, the Office serves the people directly by enforcing consumer protection, civil rights, and environmental protection laws. The Office also prosecutes elder abuse, Medicaid fraud, and handles sexually violent predator cases in 38 of Washington’s 39 counties. Visit www.atg.wa.gov to learn more.

Media Contact:

Email: press@atg.wa.gov

Phone: (360) 753-2727

General contacts: Click here

Media Resource Guide & Attorney General’s Office FAQ

MIL OSI USA News –

April 30, 2025
MIL-OSI USA: Attorney General Bonta Co-Leads Lawsuit Challenging Trump Administration’s Dismantling of National Volunteer Public Service Agency, AmeriCorps

Source: US State of California

AmeriCorps volunteers address critical local needs, create public good, foster belonging

OAKLAND — California Attorney General Rob Bonta today co-led 23 attorneys general and two states in filing a lawsuit challenging the Trump Administration’s termination of AmeriCorps grants and the dismantling of the agency though a 85% reduction of its workforce, effectively ending the agency’s ability to continue administering the programs, operations, and funding that make its important work possible. AmeriCorps is an independent federal agency tasked with engaging Americans in meaningful community-based service that directly address the country’s educational, public safety, and environmental needs — every year, the agency provides opportunities for more than 200,000 Americans to serve their communities.

“AmeriCorps volunteers bring out the best in America and in our communities. By abruptly canceling critical grants and gutting AmeriCorps’ workforce and volunteers, DOGE is dismantling AmeriCorps without any concern for the thousands of people who are ready and eager to serve their country — or for those whose communities are stronger because of this public service,” said Attorney General Rob Bonta. “In California, AmeriCorps volunteers build affordable housing, clean up our environment, and address food insecurity in communities across our state. California has repeatedly taken action to hold the Trump Administration and DOGE accountable to the law — and we stand prepared to do it again to protect AmeriCorps and the vital services it provides.”

“Service sits at the very core of who we are as Americans,” said Governor Gavin Newsom. “California is suing the Trump administration to defend thousands of hardworking service members and the communities they serve. These actions by President Trump and Elon Musk not only threaten our funding – they vandalize our values. We’re going to fight to stop them.”

BACKGROUND

AmeriCorps supports national and state community service programs by providing opportunities for Americans to serve their communities and by awarding grants to local and national organizations and agencies which use funding to address critical community needs. These organizations and agencies use AmeriCorps funding to recruit, place, and supervise AmeriCorps members nationwide. AmeriCorps members and volunteers have connected veterans to essential services, fought the opioid epidemic, helped older adults age with dignity, rebuilt communities after disasters, and improved the physical and mental well-being of millions of Americans.

In early February, the Trump Administration issued an executive order directing every federal agency to plan to reduce the size of its workforce and prepare to initiate in large-scale reductions in force. Since then, AmeriCorps has placed at least 85% of its workforce on administrative leave immediately and notified employees that they would be terminated effective June 24, 2025.

On April 25, California received notice from the federal government of termination of its AmeriCorps grant programs which support volunteer and service efforts. Grant cancellations and program termination notices were sent to approximately 1,031 programs nationwide.

LAWSUIT

In the complaint today, the Attorney General Bonta and a multistate coalition argue that by abruptly canceling critical grants and gutting AmeriCorps’ workforce, the Trump Administration is effectively shuttering the national volunteer agency and ending states’ abilities to support AmeriCorps programs within their borders.

The coalition establishes that the Trump Administration has acted unlawfully in its gutting of AmeriCorps, violating both the Administrative Procedures Act and the separation of powers under the U.S. Constitution. Congress has created AmeriCorps and the programs it administers, and the President cannot incapacitate the agency’s ability to administer appropriated grants or carry out statutorily assigned duties. Further, by dismantling AmeriCorps and its programs, which are creations of Congress, The Trump Administration’s has violated the Executive Branch’s obligation to take care that the law is faithfully executed.

CALIFORNIA IMPACTS

AmeriCorps funds support California public agencies and nonprofits that provide critical services to low-income communities.

In 2024, at least 6,150 California members served at at least 1,200 locations, including schools, food banks, homeless shelters, health clinics, youth centers, veterans’ facilities, and other nonprofit and faith-based organizations. AmeriCorps invested more than $133 million in federal funding to California last year to support cost-effective community solutions, working with local partners on the ground to help communities, who most intimately understand their needs, tackle their toughest challenges. When the Los Angeles fires devastated millions earlier this year, AmeriCorps members showed up to distribute supplies and support families — until the Trump Administration ended the program and sent them home on hours’ notice.

In bringing today’s lawsuit Attorney General Bonta and the attorneys general of Maryland, Delaware, and Colorado lead the attorneys general of Arizona, Connecticut, Hawaii, Illinois, Maine, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, Rhode Island, Vermont, Washington, Wisconsin, the District of Columbia and the states of Kentucky and Pennsylvania.

A copy of the complaint will become available here.

MIL OSI USA News –

April 30, 2025
MIL-OSI USA: Secretary Wright Highlights 100 Days of Unleashing American Energy Under President Trump
Source: US Department of Energy

WASHINGTON— U.S. Secretary of Energy Chris Wright today released the following statement marking President Trump’s 100^th day in office:

“Under President Trump’s leadership, the Department of Energy has restored American Energy Dominance and strengthened our position as the largest oil producer and LNG exporter in the world.

“Following President Trump’s reversal of the reckless Biden LNG export ban, the Department of Energy has approved record levels of new U.S. LNG exports, adding as much incremental capacity in just 100 days as the world’s current second and third largest LNG exporting nations combined.

“Today, Americans are paying less at the pump and have more choices for home appliances thanks to President Trump cutting red tape and unleashing the production of affordable, reliable, secure American energy.”

Under Secretary Wright, the Department of Energy has been hard at work to implement the President Trump’s agenda of unleashing American energy dominance and lowering energy costs for the American people.

DOE at 100 Days: Top Accomplishments
- January 21 – President Trump officially reverses the Biden-era pause on LNG exports, restoring regular order and reaffirming U.S. global energy leadership.
- February 3 – Secretary Chris Wright is officially sworn in as Secretary of Energy, pledging to cut red tape, prioritize common-sense solutions, and unleash American ingenuity.
- February 5 – Secretary Wright delivers welcome remarks to DOE staff at the Forrestal Building, outlining his vision for restoring American energy dominance.
- February 5 – Secretary Wright signs his first Secretarial Order, directing DOE to implement President Trump’s energy-focused executive orders immediately.
- February 5 – Secretary Wright announces the “9 Pillars for American Energy Dominance,” establishing DOE’s strategic roadmap:
  - Advance Energy Addition, Not Subtraction – Focused on expanding energy supply, not restricting it.
  - Unleash American Energy Innovation – Empowering the National Labs, advanced nuclear, and cutting-edge energy R&D.
  - Return to Regular Order on LNG Exports – Restoring certainty and accelerating LNG approvals.
  - Promote Affordability and Consumer Choice in Home Appliances – Halting burdensome appliance regulations to protect consumer freedom.
  - Refill the Strategic Petroleum Reserve (SPR) – Prioritizing domestic energy security through reserve replenishment.
  - Modernize America’s Nuclear Stockpile – Supporting national security through safe, modern nuclear capabilities.
  - Unleash Commercial Nuclear Power in the United States – Reviving and advancing nuclear energy projects.
  - Strengthen Grid Reliability and Security – Ensuring the U.S. grid is resilient, dependable, and cyber secure.
  - Streamline Permitting and Identify Undue Burdens on American Energy – Reducing delays for energy infrastructure and innovation.
- February 12 – Secretary Wright meets His Royal Highness Crown Prince Al Hussein bin Abdullah II of the Hashemite Kingdom of Jordan, discussing cooperation to foster economic growth through energy abundance.
- February 14 – Secretary Wright issues the first LNG export approval for Commonwealth LNG, sending a signal that the U.S. is once again open for business and restoring American leadership on LNG exports.
- February 14 – President Trump establishes the National Energy Dominance Council, chaired by Secretary of the Interior Doug Burgum and vice-chaired by Secretary Wright.
- February 18– DOE completed demolition of the south side of the Alpha-2 building at the Y-12 National Security Complex, marking the largest demolition project at Y-12 and supporting modernization for national security missions.
- February 19 – Secretary Wright and DOE representatives met with Alaska Governor Mike Dunleavy to discuss advancing the ambitious Alaska Gas Pipeline and Alaska LNG Project.
- February 25 – Secretary Wright visits Sandia and Los Alamos National Laboratories to advance nuclear modernization and AI innovation, calling AI the “next Manhattan Project.”
- February 28 – DOE removes regulatory barriers for the use of LNG as a marine fuel, strengthening America’s energy competitiveness in shipping.
- February 28 – Secretary Wright visits Oak Ridge National Laboratory to observe modernization efforts supporting national security and advanced nuclear energy. During the visit, Secretary Wright participates in the “1,000 Scientist AI Jam Session” with Senator Hagerty, Chairman Fleischmann, and Greg Brockman, OpenAI President and Co-Founder to accelerate scientific discovery through AI.
- March 4 – DOE commissions the Safety Significant Confinement Ventilation System (SSCVS) at the Waste Isolation Pilot Plant (WIPP), improving safety and efficiency underground.
- March 5 – Secretary Wright approves an LNG export permit extension for Golden Pass LNG Terminal, reinforcing U.S. energy supply security.
- March 6 – Secretaries Wright and Burgum deliver remarks at Venture Global’s Plaquemines LNG Export Facility, marking an $18 billion expansion project supporting LNG exports to Asia and Europe made possible by President Trump’s leadership.
- March 7 – Secretary Wright delivers keynote address at the Powering Africa Summit, promoting U.S. energy investment and supply chain partnerships on the African continent.
- March 10 – DOE leads successful advocacy efforts to return the International Energy Agency (IEA) to the Current Policies Scenario (CPS), restoring focus on energy security.
- March 12 – DOE supports the first U.S.-Japan fast reactor fuel safety test of the 21st century at the TREAT reactor at Idaho National Laboratory.
- March 14 – Secretary Wright powers up American energy leadership at CERAWeek 2025 in Houston, Texas, delivering a keynote address on restoring U.S. energy dominance and the return to commonsense, pro-consumer, pro-growth energy policies under President Trump’s leadership.
- March 17 – Oak Ridge National Laboratory researchers demonstrate a new method to track chemical changes in molten salt in real-time, advancing next-generation nuclear reactors.
- March 17 – DOE issues a second loan disbursement to Holtec International to reopen the Palisades Nuclear Plant restart project in Michigan, advancing President Trump’s commitment to expand all sources of energy that are affordable, reliable and secure.
- March 18 – DOE completes demolition of Building 175 at Lawrence Livermore National Laboratory, opening land for future science missions and innovation expansion.
- March 19 – Secretary Wright signs an LNG export authorization for Venture Global’s CP2 LNG project, supporting U.S. energy exports to allies abroad. With this action, DOE has approved more than DOE has approved over 9.5 Bcf/d of U.S. LNG.
- March 19 – DOE releases Biden administration’s buried 2023 study on the benefits of U.S. LNG exports, demonstrating the Trump administration’s commitment to restoring transparency and commonsense to energy policymaking.
- March 24 – DOE reissues a $900 million solicitation to accelerate the deployment of small modular reactors (SMRs) and strengthen America’s nuclear future.
- March 24 – DOE announces the postponement of efficiency standards for gas instantaneous water heaters, expanding consumer choice, lowering costs and protecting American manufacturing jobs.
- March 24 – DOE further delays the implementation of Biden-era home efficiency standards for walk-in coolers and freezers and central air conditioners and heat pumps, ensuring Americans can choose the appliances that fit best for their lifestyle and budget.
- March 24 – DOE withdraws four conservation standards, including standards on electric motors, ceiling fans, dehumidifiers, and external power supplies, advancing President Trump’s pledge to cut the red tape and regulations that raise prices, reduce consumer choice, and frustrate the American people.
- March 27 – DOE announces streamlined permitting reforms at the Department’s 17 National Labs, accelerating critical infrastructure projects and saving taxpayers millions.
- March 28 – DOE helps unlock U.S.-India civil nuclear investment and exports by resolving liability issues and promoting American SMR technologies in India.
- April 1 – DOE removes additional regulatory barriers standing in the way of LNG export extensions, restoring certainty for U.S. energy developers.
- April 3 – Secretary Wright visits the National Renewable Energy Laboratory (NREL) in Golden, Colorado, to highlight innovation in renewables and AI-driven energy solutions.
- April 3 – DOE announces a Request for Information to co-locate data centers and energy infrastructure on DOE lands, powering America’s AI revolution with abundant U.S. energy.
- April 3 – DOE awards a $1.4 billion Strategic Petroleum Reserve (SPR) management contract to Strategic Storage Partners to safeguard emergency fuel supplies.
- April 4 – DOE leads bilateral engagement with Vietnam on foreign direct investment screening, countering malign influence and strengthening economic security.
- April 8 – DOE reinstates the National Coal Council and initiates new actions to unleash American coal, including promoting investment and mineral recovery from coal ash following President Trump’s Executive Order “Reinvigorating America’s Beautiful Clean Coal Industry”.
- April 9 – DOE allocates high-assay low-enriched uranium (HALEU) material to five U.S. advanced nuclear reactor developers to boost domestic reactor deployment.
- April 9 – Secretary Wright travels to the United Arab Emirates, beginning a high-level mission to strengthen energy partnerships and attract Gulf investment to America.
- April 9 – DOE issues a Request for Information (RFI) seeking input to improve energy conservation standards and restore consumer choice in household products.
- April 10 – DOE begins testing accident-tolerant, higher-enriched nuclear fuel in a U.S. commercial reactor to boost reactor performance and longevity.
- April 11 – DOE announces a new policy saving $405 million annually by halting inefficient spending by colleges and universities receiving DOE research funds.
- April 15 – Secretary Wright holds bilateral talks on shared energy security goals with senior leaders in the U.A.E., Saudi Arabia and Qatar. The Secretary also delivers remarks in Riyadh, Saudi Arabia, following the announcement of an agreement between the U.S. and Saudi Arabia to sign a Memorandum of Understanding (MOU) advancing bilateral energy cooperation.
- April 18 – DOE repeals the Biden-era burdensome definition of “showerhead,” restoring consumer choice and rolling back overregulation.
- April 21 – DOE solicits public feedback to lift energy efficiency regulations on portable electric spas, protecting market competition and consumer access.
- April 22 – DOE issues a third loan disbursement to Holtec International for the Palisades Nuclear Plant, restoring nuclear generation to the Midwest grid.
- April 22 – DOE conducts four site inspections ensuring companies comply with national security terms under CFIUS mitigation agreements.
- April 22 – DOE extends deadline for compliance with the Biden administration’s efficiency standards for manufactured housing, granting greater flexibility for both manufacturers and consumers.
- April 28 – Secretary Wright oversees the signing of the Engineering Development Agreement between U.S. companies Bechtel and Westinghouse with PEJ to advance Poland’s first AP-1000 nuclear power plant.
- April 28 – Secretary Wright meets with senior leaders from across Central Europe and delivers keynote remarks at the Three Seas Business Forum in Poland, where he invites European nations to invest in American energy and embrace a shared vision for greater energy security.
- April 28 – DOE announces the cancellation of wasteful and unnecessary contracts, generating over $700 million in immediate savings for American taxpayers.
MIL OSI USA News –
April 30, 2025
MIL-OSI: Radix to showcase AI driven Digital transformation for the Pulp and Paper Industry at TAPPICON 2025
Source: GlobeNewswire (MIL-OSI)

HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) — Radix, a technology services company delivering innovative industrial solutions to asset-intensive industries, will attend the TAPPICON 2025 Conference at the Minneapolis Convention Center, from May 4 to May 7, 2025.

For the past three years, Radix has actively participated at TAPPICON, supporting the growth and development of the Pulp and Paper industry. This year, the Radix team will step up to share insights that enable collaboration, education and elevate innovation and action.

André Furtado, Digital Transformation Expert at Radix who will present a couple of success stories commented: “We’re excited to connect and collaborate with the industry leaders and experts sharing our insights into process improvement and optimization that boost productivity and reduce cost. In essence, insights that Radix can help elevate operational excellence at scale through data-driven, measurable solutions that have the buy-in of both the stakeholders and day to day users.”

“The Radix team will share how digital transformation and data analytics are driving measurable improvements in ways that were previously unattainable. Unlocking these insights could elevate operational excellence and enhance workplace safety for asset-intensive industries like pulp, paper and tissue,” Robert Bustin, Pulp & Paper Industry Specialist at Radix added.

Andre and Robert will share insightful presentations that can inspire and elevate the dialogue:
1. “Change Management in Digital Transformation: Key Strategies for Successful Implementation” – André Furtado
2. “Leveraging GenAI for Enhanced Plant Performance: An OEE Case Study” – André Furtado
3. “The Path to Optimized Asset Performance Management: A Comprehensive Framework” – André Furtado
4. “Enhancing Workplace Safety with Computer Vision: Real-Time Monitoring and PPE Compliance” – Robert Bustin
5. “How Can the Management of Critical Assets in the Pulp and Paper Industry Be Transformed Through Predictive Maintenance and Proactive Anomaly Detection Using PIMS to Enhance Planning and Ensure OEE? “ – André Furtado
The Radix’s team including Simon Sierra, Business Development Manager for Manufacturing looks forward to engaging and build strong relationships by welcoming you to the presentations or the Radix Booth #324. For more information, visit RADIX | TAPPICON 2025.

About Radix
Founded in 2010, Radix is a privately held technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions globally. Radix combines key capabilities and practices to empower customers to thrive along their digital transformation journey. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide. Radix has experience leading projects in more than 30 countries. It has more than 1,800+ employees around the globe, with North American headquarters in Houston, Texas, main headquarters in Rio de Janeiro, additional offices in Sao Paulo and Belo Horizonte, and a presence in Singapore and Amsterdam. To learn more, visit www.radixeng.com

For more information:
Citalouise Geiggar, Ph.D.
citalouise.geiggar@radixeng.com
Radix

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83b1e7ae-2f41-4d62-bf32-9829e7ca84fe

The MIL Network –
April 30, 2025
MIL-OSI USA: ICYMI—Hagerty Joins Mornings With Maria on Fox Business to Discuss Trump’s First 100 Days, Reconciliation, Tariff Negotiations

US Senate News:

Source: United States Senator for Tennessee Bill Hagerty
WASHINGTON—Today, United States Senator Bill Hagerty (R-TN), a member of the Senate Appropriations, Banking, and Foreign Relations Committees and former U.S. Ambassador to Japan, joined Mornings With Maria on Fox Business to discuss President Donald Trump’s success during his first 100 days, the budget reconciliation moving through Congress, and the ongoing tariff negotiations.

*Click the photo above or here to watch*
Partial Transcript
Hagerty on Democrats protesting Trump’s successful first 100 days: “I think in reality, Maria, they’re protesting because this has been the most effective, most impactful, in a positive sense, 100 days, certainly in my lifetime. [Senator] Chuck Schumer seems to forget that in November of last year, 75 percent of the American public felt this nation was on the wrong track. As President Trump has come into office, he’s fixed our border, he’s put us on a fundamentally different plane in terms of crime in America. He’s addressing some of the longstanding issues that we’ve had with some of our partners. We’re moving in the right direction, and I think that the Democrat party is imploding as a result of it. Today is exhibit A in that point.”
Hagerty on budget reconciliation process: “I met with a group of House leaders last night. They’re working apace to get their piece of the reconciliation package done by Memorial Day. It’s our job in the Senate—I spoke with Leader [John] Thune yesterday—to move as quickly as we possibly can to get the reconciliation package done right after Memorial Day. We need to be moving apace to get certainty locked into our tax code so that companies can make the type of capital commitments that we want to see happen in 2026. That’ll be addressed with corporate tax rate reductions. That’ll be addressed with certainty again and how we amortize the investments that I hope to see. At the same time, the deregulatory thrust is very real. It’s going to be very significant. If you think about [former President] Joe Biden’s term over four years, the estimates are that each year, compliance costs for regulations that he added have gone up $1.4 trillion per annum on corporate America. As we peel those away, that’s going to have an immediate benefit and immediate impact on operating costs. That’s going to be positive for our economy as well […] The Senate’s going to come up with far more than four billion, Maria. It has to do with the rules here, the Byrd Rule in the Senate. We’ll navigate this, I hope, closer to $2 trillion worth of cuts. It is certainly possible. You go back to where we were before the pandemic, before Joe Biden unleashed massive amounts of wasteful stimulus spending. We get back to those levels; we’re not going to have a difficult time getting around $2 trillion cut out of this budget.”
Hagerty on the trade negotiations with Japan: “As you say, Maria, I’ve seen this movie before. We negotiated two trade deals when I served as ambassador. The Japanese are very tough negotiators, but it’s not just tariffs. It’s non-tariff barriers that exist in Japan. Local rules, localization requirements, we need to be harmonizing those sorts of regulations. I think Japan has a tremendous opportunity. If they step up, we have plenty of room to do more trade, and they have plenty of room to procure more from America. I want to see that happen. President Trump wants to see it happen. That will accommodate a greater partnership, greater strategic alliances, and I think all parties will be better off as a result.”
Hagerty on his optimism towards a deal with Japan: “I think we can go to zero tariffs with respect to Japan. They are certainly willing to move on tariffs, but again, it’s the non-tariff barriers that have to be addressed. We need to put in place metrics. We need to make certain that they’re addressed. And again, I see real opportunity working with Japan as companies move their supply chains out of China, de-risk those. Japan should be working with us very closely as we develop new technologies, as we work on new military posture, new technologies there, there’s much to be done that’s positive. And we start to announce those types of aggressive forward-leaning activities that we can do together, those types of investments, I think it’ll be very positive for all of us. And President Trump can focus on that.”
Hagerty on non-tariff barriers with Japan: “The localization requirements have been extraordinarily difficult. And Maria, these difficulties have gone on for decades. Japan has protected its market very heavily. They’ve made it very difficult for us, for, I say western companies, non-Japanese countries, to enter that marketplace. So, if you think about the regulations that they use, again, localizing the product, we’ve got to find ways to make this work in both countries. If you think about the inspection requirements, that type of thing, it can all be addressed. With respect to agricultural products, extremely protective of Japanese farmers, we dealt with a lot of that in the phase one agreement that we negotiated when I was ambassador. There’s a lot more room there as well.”
Hagerty on the timing of the budget reconciliation package: “I spoke with Leader Thune just yesterday, and I think the [U.S.] House of Representatives working at pace. I’m delighted to see them putting text out. I think as America sees that text, they start to get more and more certainty about where we’re headed. I spoke with Leader Thune yesterday about the fact that as soon as we get back from Memorial Day break, we need to be working at pace. We need to be working in parallel with the House to get this implemented as quickly as possible. This is going to be great news for corporate America. This is going to stimulate more investment. I want these investments committed this year so that we actually see them materialize in 2026. That’s why this needs to be happening at the beginning of the summer, rather than at the end of the summer.”
Hagerty on the Senate Republicans united to pass the budget reconciliation package: “That was also a part of my conversation with Leader Thune yesterday, and I’ll be speaking with a number of my colleagues aimed at just that. But I think there’s plenty of room to see significant cuts in terms of trimming back this wasteful stimulus spending that took place under Biden, a lot of spending that should have never happened in the first place. Again, moving in the right direction there from a fiscal responsibility standpoint. At the same time, making permanence an overarching goal for corporate tax rates, for the way depreciation is treated and for many other aspects of the tax code that will give, again, certainty to corporate America, so the types of commitments we want to see for 2026 are put in place as soon as possible […] [Pre-covid spending numbers] certainly has been a goal of a number of my colleagues, and we need to be aiming in that direction. You adjust for population growth and I think we can get there.”

MIL OSI USA News –

April 30, 2025
MIL-OSI: Credit Agricole Sa: Evolution of Crédit Agricole S.A.’s governance
Source: GlobeNewswire (MIL-OSI)

Press release

Montrouge, 29 April 2025

Evolution of Crédit Agricole S.A.’s governance

At Crédit Agricole S.A.’s Board meeting of 29 April 2025 chaired by Dominique Lefebvre, Olivier Gavalda, CEO of Crédit Agricole S.A. as of the 14^th of May 2025, presented his future organisation.

Olivier Gavalda will propose to the Board of Directors following Crédit Agricole S.A. general shareholders’ meeting which will be held the 14^th of May 2025, that Jérôme Grivet be appointed as sole Deputy Chief Executive Officer and second executive director of Crédit Agricole S.A.

As of the 1^st of June 2025, the General Management of Crédit Agricole S.A. will be organised around seven divisions, the Corporate Secretary and the control functions.

Five divisions and the General Secretary will be under the direct supervision of Olivier Gavalda:
- Universal Retail Banks, bringing together LCL under the responsibility of its CEO, Serge Magdeleine, and Crédit Agricole Italia under the responsibility of its CEO, Hugues Brasseur.
- International Banking and Services, under the responsibility of Stéphane Priami as Deputy General Manager. This new division will be composed of Crédit Agricole Personal Finance & Mobility, Crédit Agricole Leasing & Factoring, the International Banking Development department and BforBank.
- Major Clients, gathering Crédit Agricole CIB and CACEIS, under the responsibility of Jean-François Balaÿ, CEO of Crédit Agricole CIB.
- Client, Development and Innovation, under the responsibility of Gérald Grégoire as Deputy General Manager. This division gathers the Retail Markets department, the Transformation/Distribution and Development department, the Brand and Customer Communication department, the regional Banks’ relationships department, the Payments, the startup studio’s La Fabrique and Crédit Agricole Immobilier.
- Transformation, Human Resources and Transitions, under the responsibility of Grégory Erphelin as Deputy General Manager. This new division will gather the Group Human Resources, Technological Transformation, Sustainability and Impact, Agri-Agro, Guarantee and Capital Development departments, Crédit Agricole Transitions & Energies and Crédit Agricole Santé & Territoires.
  In this division, the Technological Transformation department will be under the responsibility of Olivier Biton and will gather Crédit Agricole Group Infrastructure Platform, Data/AI teams, and the Information Systems Department.
- Corporate Secretary, under the responsibility of Véronique Faujour gathers the Group Communication department, the Board of Director’s secretary, General affairs, Security/Safety, and Grameen Crédit Agricole Foundation, the Public Affairs department and Uni-Medias.
Two divisions and the control functions will be under the direct supervision of Jérôme Grivet:
- Finance and Steering, under the responsibility of Clotilde L’Angevin as Deputy General Manager. This division gathers Finance, Financial Communication & Investors relations, Subsidiaries and Investments, Strategic studies, Legal, Economic studies and Procurement departments.
- Savings and Wealth Management, this new division will gather Amundi, under the responsibility of its CEO, Valérie Baudson, Crédit Agricole Assurances, under the responsibility of its CEO, Nicolas Denis and Indosuez Wealth Management, under the responsibility of its CEO, Jacques Prost.
- Group Risks, under the responsibility of Alexandra Boleslawski.
- Group Compliance, under the responsibility of Hubert Reynier.
- Group Internal Audit, under the responsibility of Laurence Renoult.
As of 1 June 2025, Crédit Agricole S.A.’s Executive Committee will be thus composed of 18 members:
- Olivier Gavalda, CEO
- Jérôme Grivet, Deputy CEO
- Clotilde L’Angevin, Deputy General Manager, in charge of Finance and Steering division
- Grégory Erphelin, Deputy General Manager, in charge of Transformation, Human Resources and Transitions division
- Gérald Grégoire, Deputy General Manager, in charge of the Customer, Development and Innovation division
- Stéphane Priami, Deputy General Manager, in charge of International Banking and Services division
- Jean-François Balaÿ, CEO of Crédit Agricole CIB, in charge of Major Clients division
- Valérie Baudson, CEO of Amundi
- Hugues Brasseur, CEO of Crédit Agricole Italia and Senior Country Officer for the Group
- Nicolas Denis, CEO of Crédit Agricole Assurances
- Serge Magdeleine, CEO of LCL
- Olivier Biton, Director of Technological Transformation
- Eric Campos, Chief Sustainability and Impact Officer
- Bénédicte Chrétien, Group Head of Human Resources
- Véronique Faujour, Corporate Secretary
- Alexandra Boleslawski, Group Chief Risk Officer
- Laurence Renoult, Group Head of Internal Audit
- Hubert Reynier, Group Head of Compliance
Jean-Paul Mazoyer, on his own initiative, will now provide strategic advice to the Chief Executive Officer of Crédit Agricole SA.

The Board of Directors expressed its warm thanks to Philippe Brassac and Xavier Musca for their commitment and action during a decade of strong development for the Group.

Biographies

Clotilde L’Angevin started her career in 2003 at the National Institute of Statistics and Economic Studies, before joining the Treasury Department in 2005 as deputy head of the “Economic and Monetary Union” division. In 2007, she became technical adviser to the Prime Minister on macroeconomic and economic forecasts.
In 2009, she joined the Ministry of Finance as Head of the “International Diagnostics and Forecasts” division, before being appointed General Secretary of the Paris Club and Head of the “International Debt” division in the Treasury Department in 2011.
She joined the Crédit Agricole Group in 2015, as Head of Strategy for Crédit Agricole S.A. In 2019, she was appointed Head of Financial Communication at Crédit Agricole S.A. where she was responsible for relations with individual shareholders, institutional debt investors and rating agencies, as well as financial communication and relations with institutional equity investors.
Since 2023, she has been Deputy Chief Executive Officer of Crédit Agricole d’Ile-de-France.
Aged 46, Clotilde L’Angevin is a graduate of the Ecole Polytechnique (class 1998), the Ecole Nationale de la Statistique et de l’Administration Économique (2002), and obtained a master’s degree in economics from the London School of Economics (2003).

Olivier Biton started his career at Crédit Lyonnais in 2002, as IT project manager. He moved to the United States in 2005 where he was a research assistant at the University of Pennsylvania.
Upon his return to France in 2007, he joined the Crédit Agricole Group and held various project management positions at CA Payment & Services. He was appointed Head of the Flow Business Line in 2014 and then Head of Information Systems and Projects in 2016.
He joined LCL in 2017 as Head of Digital Solutions and Information Systems and joined the Executive Committee in 2020. Since 2023, Olivier Biton has been Chief Executive Officer of Crédit Agricole Group Infrastructure (CAGIP).
Aged 45, Olivier Biton is a computer engineer and a graduate of the Polytech Paris Sud school.

Grégory Erphelin started his career in 2001 at the French Ministry of Agriculture as Head of the Credit and Insurance bureau. In 2005, he joined the French Direction Générale du Trésor, in charge of the regulation of property and liability insurance. He joined the Crédit Agricole Group in 2008 as Head of Financial Management for Predica (personal insurance subsidiary of Crédit Agricole Assurances). In 2012, he was appointed Chief Financial Officer of Crédit Agricole Assurances.
In 2015, he also became Chief Financial Officer of Predica and joined the Executive Committee of the Crédit Agricole Assurances Group. In 2017, he was appointed Head of Finance, Procurement, Legal Affairs, Credit commitments and recovery, and member of the LCL Executive Committee.
Since May 2022, he has been Chief Executive Officer of the Fédération Nationale du Crédit Agricole.
Aged 49, Grégory Erphelin is a graduate of the Ecole Polytechnique (class 1996), Water and Forestry Engineer and holds an MBA from the Collège des ingénieurs.

Jean-François Balaÿ started his career in 1989 at Crédit Lyonnais in the Corporate Banking Markets and held several managerial positions in London, Paris and Asia. In 2001, he joined Crédit Lyonnais in the Loan Syndication business line, first as Head of Origination for Europe, then for Western Europe within Calyon from 2004. In 2006, he was appointed Deputy Head of Syndication for the EMEA region. In 2009, he became Global Head of Loan Syndication at Crédit Agricole CIB. In 2012, he was appointed Head of Debt Optimisation and Distribution. In 2016, he became Head of Risk and Permanent Control. He was appointed Deputy General Manager of Crédit Agricole CIB in 2018 and Deputy CEO of Crédit Agricole CIB in 2021.
Aged 59, Jean-François Balaÿ holds a master’s degree in economics and management and a master’s degree in banking and finance from Lyon II Lumière University.

Press contacts Crédit Agricole S.A.

Attachment
- EN 29 04 25 PR_Evol. Gouvernance
The MIL Network –
April 30, 2025
MIL-OSI United Nations: Readout of the Secretary-General’s telephone calls with H.E. Mr. Muhammad Shehbaz Sharif, Prime Minister of the Islamic Republic of Pakistan and H.E. Mr. Subrahmanyam Jaishankar, Minister for External Affairs of the Republic of India

Source: United Nations secretary general

The Secretary-General spoke separately today by telephone with H.E. Mr. Muhammad Shebaz Sharif, Prime Minister of the Islamic Republic of Pakistan and H.E. Mr. Subrahmanyam Jaishankar, Minister for External Affairs of the Republic of India.

The Secretary-General reiterated his strong condemnation of the 22 April terrorist attack in Jammu and Kashmir.

The Secretary-General noted the importance of pursuing justice and accountability for these attacks through lawful means.

The Secretary-General also expressed his deep concern at rising tensions between India and Pakistan and underscored the need to avoid a confrontation that could result in tragic consequences. He offered his Good Offices to support de-escalation efforts.

MIL OSI United Nations News –

April 30, 2025
MIL-OSI Security: Leader Of Drug Trafficking Organization Sentenced To Life In Prison
Source: Office of United States Attorneys

MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Heath Lloyd Taylor, age 46, of LeFlore County, Oklahoma, was sentenced to life in prison for Drug Conspiracy.

Taylor’s co-defendants were sentenced at hearings held between October 16, 2024, and April 25, 2025. Seven members of the drug trafficking organization were sentenced for Drug Conspiracy:
- Aaron Guy Key, age 47, of Poteau, Oklahoma (240 months);
- Travis Austin Powers, age 38, of Anderson, South Carolina (168 months);
- Mallory Nicole Laird, age 37, of Poteau, Oklahoma (130 months);
- Terri Angela Stroud, age 53, of Spiro, Oklahoma (70 months);
- Kandi Anne Hankins, age 43, of Idabel, Oklahoma (57 months);
- Tracie Ann Sells, age 55, of Sallisaw, Oklahoma (41 months); and
- Jeremy Paul Newman, age 47, of Poteau, Oklahoma (24 months).
Five additional members of the drug trafficking organization were sentenced for Possession with Intent to Distribute Controlled Substances:
- Taylor Dain Parnell Caldwell, age 35, of Poteau, Oklahoma (151 months);
- Cody Wade Reece, age 34, of Poteau, Oklahoma (151 months);
- Heather Leigh Brown, age 35, of McAlester, Oklahoma (87 months);
- Whitney Marie Granite, age 37, of Spiro, Oklahoma (58 months); and
- Randi Shawn Gann, age 35, of Heavener, Oklahoma (57 months).
According to investigators, between August 2022 and November 2023, Heath Lloyd Taylor, who was serving time in the Oklahoma State Penitentiary, led a drug trafficking organization operating in the Eastern District of Oklahoma. As part of that conspiracy, non-incarcerated members obtained, stored, and distributed over 25 kilograms of methamphetamine and approximately 465 grams of fentanyl from a base of stash houses. The stash houses also served as a base of operations where the defendants funneled drug proceeds, stored drug trafficking assets, and obtained and stored firearms.

This joint investigation was led by the Drug Enforcement Administration, working in cooperation with the Oklahoma Bureau of Narcotics and Dangerous Drugs, the Oklahoma Department of Corrections Office of the Inspector General, the Bureau of Alcohol, Tobacco, Firearms and Explosives, and IRS Criminal Investigation.

Additionally, several law enforcement agencies contributed at various stages of the investigation, including the Bureau of Indian Affairs, the District 16 Drug and Violent Crime Task Force, the District 18 Drug and Violent Crime Taskforce, the Poteau Police Department, the Spiro Police Department, the Choctaw Nation Lighthorse Police, the Seminole Police Department, the Pittsburg County Sheriff’s Office, the LeFlore County Sheriff’s Office, the Sequoyah County Sheriff’s Office, and the United States Marshals Service.

“There should never be any doubt that there are countless victims of drug trafficking, and the violence associated with it,” said DEA Dallas Special Agent in Charge Eduardo A. Chavez, who oversees DEA operations in Oklahoma. “Defendant Taylor and his associates took advantage of individuals and showed no concern for those who stood in their path of destruction. Sentences of this nature are a win for our victims and a warning to drug traffickers.”

“Drug trafficking and the illegal activity associated with it continues to threaten the safety of the general public throughout our communities. Life in a federal prison should serve as a reminder to those who think they fly under the radar that they are and will continue to be our target. ATF remains committed to working with our law enforcement partners to keep illegal substances out of our communities and investigating those responsible,” said ATF Special Agent in Charge Bennie Mims.

“This was an outstanding joint investigation with our state and federal partners to dismantle and prosecute a complex criminal organization,” said OBN Director Donnie Anderson. “We want this to send a strong message that we will aggressively pursue those who think they can safely run their criminal network while behind bars.”

“The sentencings announced today conclude a months-long investigation and prosecution of a nefarious group that distributed large quantities of dangerous narcotics in and around the Poteau area,” said United States Attorney Christopher J. Wilson. “Thanks to the cooperative work of federal, state, tribal, and local law enforcement, Taylor and his co-defendants are off the streets and their drug operation has ended.”

The Honorable Ronald A. White, Chief U.S. District Judge in the United States District Court for the Eastern District of Oklahoma, and the Honorable Raúl M. Arias-Marxuach, U.S. District Judge in the United States District Court for the District of Puerto Rico, sitting by designation, presided over the hearings. Defendants are in the custody of the U.S. Marshals Service pending transportation to a designated United States Bureau of Prisons facility to serve a non-paroleable sentence of incarceration.

Assistant U.S. Attorneys Erin Cornell and Jordan Howanitz represented the United States.

This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

MIL Security OSI –
April 30, 2025
MIL-OSI United Kingdom: Innovative ‘collective’ pension funds to deliver higher incomes and lower risks for future pensioners
Source: United Kingdom – Executive Government & Departments

Press release

Innovative ‘collective’ pension funds to deliver higher incomes and lower risks for future pensioners

Pensioners of the future will benefit from innovative ‘collective’ pension schemes to boost their income in retirement and productive investment across the economy, under plans announced today [29 April]
Wide reaching reforms to make innovative “collective” pension funds more commonplace will reduce risk and volatility for savers.

Collective Defined Contribution (CDC) schemes pool investment and longevity risks, unlocking productive investment potential as well as supporting more predictable returns for savers at no extra cost for employers.

With new regulations to allow for multiple employer CDCs planned for the Autumn, more savers are set to benefit from CDCs as part of the Government’s Plan for Change.

More people than ever are saving into a workplace pension – £28 billion more in 2020 than in 2012 – with most of these pension pots being Defined Contribution (DC) schemes, where the employee is automatically enrolled to save a proportion of their salary tax-free and the employer contributes at least 3% of their salary to the pot too.

But a lack of innovation and reform of the DC savings landscape risks some future pensioners bearing large risks, in terms of the value of their investments and whether their savings will provide an income throughout their retirement.

Collective Defined Contribution (CDCs) are a new type of pension scheme that sees both the employer and employee contribute to a collective fund. Due to the scale of these funds and the pooling of risk for members, they can aim to provide a target pension income for life – similar to Defined Benefit (DB) schemes, sometimes called an average or final salary pension, but without the risk of significant unexpected bills for employers.

In the UK, Royal Mail have already launched a CDC scheme for their employees which has over 100,000 members who are offered a combination of a cash lump sum and an income for life in retirement.

Speaking at the LCP Conference in London today, the Minister for Pensions confirmed new regulations, set to be laid in the Autumn, will allow for multiple employer CDC schemes to be established, so that a range of unconnected employers can pool their employees’ pension pots into a collective fund, boosting returns for savers.

These pooled pension investments will mean higher incomes in retirement, and help individuals manage the uncertainty about how long that retirement will be. These measures will provide more options for savers and employers to choose between and are part of wider reforms to the pensions landscape, as part of our Plan for Change to put more money into people’s pockets.

Minister for Pensions, Torsten Bell said:

Success in the world of pensions isn’t just about getting people saving, it’s ensuring their savings work as hard as possible for them.

Making sure more employers and savers have the option of an innovative Collective Defined Contribution Pension scheme is an important part of making that happen.

Too often at present we are leaving individuals to face significant risks, about how their individual investments perform and how long their retirements last. Pooling some of those risks will drive higher incomes for pensioners and greater investments in productive assets across the economy.

The Minister also confirmed his desire to deliver decumulation only CDC schemes. These schemes would allow certain savers with DC schemes to access CDCs, offering retirees the chance to buy longer term, pooled retirement products that deliver stability for pensioners.

Modelling from the PPI suggests that single employer CDCs could deliver a significantly greater average replacement rate (47%) than currently delivered through annuities (40%) with even higher benefits seen for multi-employer CDCs as longevity risks are pooled. (69%).

And due to their size, CDCs can also be a more efficient vehicle for economic growth, with similar collective funds in Canada and Australia having proved an efficient way of supporting economic growth, investing in a wider range of sectors and assets.

CDC schemes can invest in illiquid and more productive investments over the long term, including in UK businesses and infrastructure projects, supporting the Government’s growth mission while providing employers with greater freedoms as well as reducing the risks of over or under spending in retirement by paying pensioners based on life expectancy.

These measures aim to drive economic growth and improve retirement outcomes for working people as part of the Plan for Change.

Today’s announcement will provide clarity to the industry ahead of the upcoming Pensions Investment Review and Pension Schemes Bill, and in time give working people and employers a new option when considering what pension scheme works best for them

Additional Information

The Pensions Investment Review: interim report sets out proposals which the government has consulted on to deliver scale and consolidation of the Defined Contribution (DC) market and the Local Government Pension Scheme in England and Wales (LGPS). The report can be viewed here: Pensions Investment Review: interim report – GOV.UK

The government plans to introduce legislation in Autumn 2025, and subject to parliamentary approval, intends to bring the legislation and an updated Regulator’s Code into force as soon as practicable.

The government will continue to work with industry stakeholders to develop decumulation CDC.

The UK’s first CDC scheme, the Royal Mail Collective Pension Plan launched in 2024 which was a truly landmark moment for the UK pension landscape.

There are now several organisations are actively looking to set up an unconnected multiple employer CDC scheme.

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Published 29 April 2025
MIL OSI United Kingdom –
April 30, 2025
MIL-OSI: ASM announces start of €150 million share buyback program

Source: GlobeNewswire (MIL-OSI)

Almere, The Netherlands
April 29, 2025, 6:00 p.m. CET

ASM International N.V. (Euronext Amsterdam: ASM) today announces that it will start a share buyback program of ASM’s common shares of €150 million.

This program follows on ASM’s announcement on February 25, 2025, that the Management Board authorized a share buyback program for up to €150 million. The program commences on April 30, 2025, and is to end as soon as the aggregate purchase price of the common shares acquired by ASM has reached €150 million, but ultimately by January 2026.

The share buyback program will take place within the limits of relevant laws and regulations, the existing authority granted at ASM’s AGM held on May 13, 2024, and the authority (if granted) by the AGM meeting on May 12, 2025, and will be executed by a third party. ASM intends to use the repurchased shares to cover existing and expected future obligations under ongoing share programs for employees and board members. The total number of shares to be purchased in connection with the share buyback program shall not exceed 4,714,465.

ASM will update the market on the progress of the share buyback program on a weekly basis, starting on May 5, 2025. This information will also be published on ASM’s website (www.asm.com).

About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com.
Cautionary note regarding forward-looking statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics, pandemics and other risks indicated in the company’s reports and financial statements. The company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.

This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Contact

Investor and media relations

Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com

Investor relations

Valentina Fantigrossi
T: +31 88 100 8502
E: investor.relations@asm.com

The MIL Network –

April 30, 2025

MIL-OSI: RESEND – Northstrive Biosciences Strengthens IP Portfolio with New US Patent Filings for EL-22 and EL-32 Programs Covering Obesity and Animal Health

Source: GlobeNewswire (MIL-OSI)

NEWPORT BEACH, Calif., April 29, 2025 (GLOBE NEWSWIRE) — Northstrive Biosciences Inc. (“Northstrive”), a subsidiary of PMGC Holdings Inc. (NASDAQ: ELAB) (the “Company,” “PMGC,” “we,” or “our”), today announced the filing of four novel patent applications for its two candidates EL-22 and EL-32. These patent applications cover the animal market, as well as treating muscle loss in obese patients, both as standalone and combination therapies alongside GLP-1 receptor agonists.

The Company filed the following four patents today:

EL-22 in Animals: Fusion Protein of Myo-2 for Use in Encouraging Muscle Growth in Animals (Patent Application No. 19/191,246).
EL-32 in Obesity as Monotherapy and Combination with GLP-1: Updated patent filings for Pharmaceutical Composition for Treatment of Muscle Loss Due to Obesity Treatments (Patent Application No. 19/191,209), and Combination Therapy for Treatment of Muscle Loss Due to Obesity Treatments utilizing GLP-1 receptor agonists (Patent Application No. 19/191,226).
EL-32 in Animals: Animal Feed Additive to Encourage Muscle Growth (Patent Application No. 19/191,258).

The Company believes these newly filed patent applications support the development of Northstrive’s engineered probiotic platform, designed to advance human obesity care by preserving muscle mass while reducing fat mass, with additional potential applications in animal health.

“We believe that EL-22 and EL-32 have the potential to treat obesity in combination with GLP-1 receptor agonists, while also serving as the foundation to a potential range of animal health products”, said Deniel Mero, Co-Founder of Northstrive. “These patent applications strengthen our IP portfolio as we advance on our mission transform the standard of care for obesity and break into the animal health market.”

Northstrive’s patent portfolio now includes 8 patent applications and 5 issued patents that provide adequate protection in focus markets, including the USA, Japan, China and Korea.

Licensed Product / Nation	Patent Application Serial No.	Title:
EL-32 USA	US 18/627,462	Pharmaceutical composition for alleviation, treatment, and prevention of sarcopenia containing microorganism transformed with cell surface display vector operably linked with gene encoding myostatin and activin A proteins as active ingredient
EL-32 Korea	10-2022-0136606	A pharmaceutical composition for alleviation, treatment and prevention of sarcopenia containing a microorganism transformed with a vector expressing myostatin and activin A on the cell surface as an active ingredient
EL-22 USA	US 18/895,501	Fusion Protein of Myo-2 for Use in Treating Muscle Loss in Obese Patients
EL-22 USA	US 18/895,519	Combination Therapy of a Fusion Protein of Myo-2 with a GLP-1 Receptor Agonist for Use in Treating Muscle Loss in Obese Patients
EL-22 (Animals) USA	US 19/191,246	Fusion Protein of Myo-2 for Use in Encouraging Muscle Growth in Animals
EL-32 USA	US 19/191,209	Pharmaceutical Composition for Treatment of Muscle Loss Due to Obesity Treatments
EL-32 USA	US 19/191,226	Combination Therapy for Treatment of Muscle Loss Due to Obesity Treatments utilizing GLP-1 receptor agonists
EL-32 (Animals) USA	19/191,258	Animal Feed Additive to Encourage Muscle Growth

Patent No.	Registration No.	Title:
EL-22 Korea	10-0857861-0000	Surface Expression Vector for Fusion Protein of Myo-2 Peptide Multimer and Myostatin, and Microorganism Transformed by Thereof
EL-22 Korea	10-0872042-0000	Cell Surface Expression Vector of Myostatin and Microorganisms Transformed Thereby
EL-22 USA	US 8470551	Surface Expression Vector for Fusion Protein of Myo-2 Peptide Multimer and Myostatin, and Microorganism Transformed by Thereof
EL-22 Japan	US 5634867	Surface Expression Vector for Fusion Protein of Myo-2 Peptide Multimer and Myostatin, and Microorganism Transformed by Thereof
EL-22 China	ZL200780101116.2	Surface Expression Vector for Fusion Protein of Myo-2 Peptide Multimer and Myostatin, and Microorganism Transformed by Thereof

About Northstrive Biosciences Inc.

Northstrive Biosciences Inc., a PMGC Holdings Inc. company, is a biopharmaceutical company focusing on the development and acquisition of cutting-edge aesthetic medicines. Northstrive’s lead asset, EL-22, leverages an engineered probiotic approach to address obesity’s pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists. For more information, please visit www.northstrivebio.com.

About PMGC Holdings Inc.

PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. Currently, our portfolio consists of three wholly owned subsidiaries: Northstrive Biosciences Inc., PMGC Research Inc., and PMGC Capital LLC. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

IR Contact:
IR@pmgcholdings.com

The MIL Network –

April 30, 2025

MIL-OSI Asia-Pac: Rehousing applications open May 2

Source: Hong Kong Information Services

The Development Bureau announced today that the subsidised sale flats of three Dedicated Rehousing Estate (DRE) projects, constructed by the Hong Kong Housing Society (HKHS) will be open for applications from May 2 to 22.

Out of the three DRE projects, two are located in the New Territories and one is in an urban area.

The three projects are Sierra Terrace located at Pak Wo Road, Fanling, Eminence Terrace I at Tin Sam Road, Hung Shui Kiu, and Delight Terrace at Muk Chun Street, Kai Tak.

Applications will be accepted from eligible households affected by government development projects in the New Territories and urban areas, or the Urban Renewal Authority’s (URA) redevelopment projects of the Civil Servants’ Co-operative Building Society (CBS) buildings.

The HKHS and the Lands Department will gradually issue letters to notify relevant households of the application arrangements and details.

The sale of DRE subsidised sale flats is one of the compensation and rehousing options available to non-owner households affected by government development projects that need to relocate.

Eligible owner-occupiers affected by the URA’s CBS redevelopment projects may also choose to purchase subsidised sale flats in an urban DRE as one of the compensation and rehousing options.

The three subsidised sale flat projects open for applications this round will provide a total of 1,573 units.

Among them, the intake of Eminence Terrace I has been taking place since October 2024 and the HKHS will put the remaining 179 units up for sale in this round. Sierra Terrace is expected to be ready for intake in the first quarter of next year, and Delight Terrace is expected to be ready for intake in the first quarter of 2027.

The Government has reviewed the intake programmes of DREs in the pipeline and the timeline of various development projects in the coming few years, especially the Northern Metropolis.

To allow for better utilisation of DRE resources, if there are unsold units upon completion of flat selection of the urban DRE Delight Terrace by households affected by government development projects in urban areas and the URA’s CBS redevelopment projects, Delight Terrace will be open for purchase to households affected by government development projects in the New Territories.

As for the subsidised rental units of the three DREs, the intake of Eminence Tower 1 in Hung Shui Kiu has been taking place since March this year, while Sierra Tower at Pak Wo Road, Fanling, is expected to be ready for intake in October this year. The Lands Department and the HKHS will continue to process applications for these rental units in an orderly manner upon receipt.

The rental units in the DRE in Kai Tak are expected to be completed and ready for intake in the first quarter of 2027, and the Government and the HKHS will notify relevant households of the application arrangements nearer the time.

Click here for details.

MIL OSI Asia Pacific News –

April 30, 2025

MIL-OSI: 2025 first-quarter results

Source: GlobeNewswire (MIL-OSI)

Paris (France), April 29, 2025

A SOLID START TO THE YEAR, WITH SUCCESSFUL REFINANCING
AND VESSEL CAPACITY AGREEMENT TERMINATED

		Q1¹
*Revenue*²		*$301M (+10%)*
*Adjusted EBITDA*²		*$143M (+35%)*
*Net Cash Flow*		*$(20)M (vs $30M)* Including a $42M interest payment in March 2025 (historically paid in Q2)

Sophie Zurquiyah, Chief Executive Officer of Viridien:

“The first quarter of 2025 was marked by two significant milestones for the Group: the termination of the vessel capacity agreement, completing our transition toward an asset-light model, and the successful refinancing of our bonds. The end of the vessel capacity agreement opens a new chapter of enhanced flexibility in our cost base and stronger cash generation, while our bond refinancing reflects the financial market’s confidence in the execution of our strategy and our long-term potential.

In parallel, our financial results for the first quarter of 2025 confirm the robust performance of our business, with commercial wins, solid profitability, and cash generation fully aligned with our long-term ambitions.

Assuming moderate fluctuations in the oil market, we expect to achieve our target of approximately $100M in Net Cash Flow generation for the year and to continue our deleveraging journey.”

Q1 2025 Highlights²

Group
- IFRS Revenue, EBITDA and Net Income of respectively $258 million, $99 million, $(28) million
- Group revenue increased thanks to sustained momentum in Geoscience and successful Earth Data sales. Sensing & Monitoring comparison base returned to a more normalized level

Group Adjusted EBITDA of $143 million, up 35%, benefited from (i) revenue growth at Geoscience, (ii) revenue growth and the end of vessel commitment penalty fees at Earth Data, and (iii) cost reductions at Sensing & Monitoring
Cash flow of $22 million before the $42 million bond interest payment in Q1 (historically paid in Q2). Net Cash Flow of $(20) million after interest payment and negative working capital impact
Final milestones of our financial roadmap achieved: successful refinancing of our April 2027 $447 million and €578 million notes, replaced with $450 million 10% and €475 million 8.5% senior secured notes due October 2030
Net debt at $974 million and liquidity at $257 million

Digital, Data and Energy Transition (DDE)
- Revenue at $214 million, up 16% with growth both at Geoscience (+25%) and Earth Data (+7%)
- Adjusted EBITDA at $137 million, up 32%
  - Geoscience:
    - Revenue at $110 million (+25%)
    - Solid performance driven by continued adoption of our most advanced Elastic FWI technologies worldwide
    - North America outperforming and sustained interest of MENA clients for high-quality imaging
    - Low Carbon: minerals study in Saudi Arabia and new win for carbon sequestration in the North Sea
    - HPC & Digital: new HPC customers in Materials Science and Image Rendering operating on our platform
  - Earth Data:
    - Revenue at $104 million (+7%)
    - Cash EBITDA at $39 million (+12%)
    - Early results show game-changing imaging at Laconia and environmental permit received for a program in Brazil. Active on multiple reprocessing projects worldwide
    - Low Carbon: CCUS screening package projects funded by industrial emitters in Europe
Sensing and Monitoring (SMO)
- Revenue at $87 million, nearly stable (-2%), with a return to a more normalized comparison base
- Adjusted EBITDA at $14 million (+37%), driven by cost reduction impact on profitability
  - Sustained activities in Land with strong momentum on nodal systems
  - New Businesses: new infrastructure monitoring contracts signed in North America; pursuing several geotechnical monitoring opportunities in rail and mining sectors worldwide; awarded a new project for our Marlin Ports & Logistics solution in Asia
Full-Year 2025 financial outlook
- In 2025, assuming a stable E&P Capex environment, performance is expected to be driven by:
  - Geoscience: growth supported by industry-leading technology and strong backlog

Earth Data: stronger Cash EBITDA KPI following the end of vessel commitment penalty fees
- Sensing & Monitoring: further savings expected from the restructuring plan
- New Businesses: growth and first- year positive contribution to Group profitability

Financial objective:
- Net Cash Flow of approximately $100 million, assuming moderate oil market fluctuations

Following the successful refinancing completed in Q1, Viridien will continue focusing on cash flow generation and deleveraging

Q1 2025 Conference call
- The press release and presentation will be available on our website www.viridiengroup.com at 5:45 p.m. (CET)
- An English-language analysts’ conference call is scheduled today at 6:00 p.m. (CET)
- Participants should register for the call here to receive a dial-in number and access code, or participate via the live webcast here
- A replay of the conference call will be available the following day for a period of 12 months in audio format on the Company’s website

The Board of Directors met on April 29, 2025, and closed the consolidated financial statements as of
March 31, 2025. Please note that the figures and information published in this press release have not been audited nor have they been subject to any limited review by Viridien’s statutory auditors.

About Viridien:

Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resources, digital, energy transition and infrastructure challenges. Viridien employs around 3,400 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).

Investors contact:

VP Investor Relations and Corporate Finance
Alexandre Leroy
alexandre.leroy@viridiengroup.com
+33 6 85 18 44 31

Q1 2025 – Financial Results

Key Segment P&L figures ⁽¹⁾ (in millions of $)	2024	2025	*Var.* %
Key Segment P&L figures ⁽¹⁾ (in millions of $)	Q1	Q1	*Var.* %
Exchange rate euro/dollar	1.09	1.04	(5%)
Segment revenue	273	301	*10%*
DDE	185	214	16%
Geoscience	88	110	25%
Earth Data	97	104	7%
SMO	89	87	(2%)
Land	45	51	14%
Marine	34	25	(26%)
Beyond the core	11	11	4%
Segment EBITDAs	105	142	*36%*
Adjusted ⁽²⁾Segment EBITDAS	106	143	*35%*
DDE	104	137	32%
SMO	10	14	37%
Corporate and other	(8)	(8)	-1%
Segment operating income	28	65	*136%*
Adjusted ⁽²⁾Segment operating income	29	66	*130%*
DDE	35	66	87%
SMO	2	8	303%
Corporate and other	(9)	(9)	-1%
1) Unaudited figures 2) Adjusted for non-recurring charges and gains

Other KPI ⁽¹⁾ (in millions of $)	2024	2025	*Var.* %
Other KPI ⁽¹⁾ (in millions of $)	Q1	Q1	*Var.* %
Geoscience Backlog	227	329	*45%*
Total Capex	58	61	5%
EDA Library net book value ⁽²⁾	471	489	4%
Liquidity	440	257	*-42%*
o.w. undrawn RCF	90	110 ⁽³⁾	22%
Gross debt ⁽²⁾	1 316	1 120	*-15%*
o.w. accrued interests	43	2	-96%
o.w. lease liabilities	108	124	15%
Net debt ⁽²⁾	966	974	1%
1) Unaudited figures 2) Post IFRS15 and 16 3) $125M RCF fully undrawn, o/w. $15M ancillary guarantee facility

Consolidated IFRS Income Statements ⁽¹⁾ (in millions of $)	2024	2025	*Var.* %
	Q1	Q1	*Var.* %
Exchange rate euro/dollar	1.09	1.04	(5%)
Revenue	249	258	4%
EBITDA	80	99	*24%*
Operating Income	20	56	*185%*
Equity from Investment	(0)	(0)	2%
Net cost of financial debt	(24)	(26)	6%
Other financial income (loss)	0	(46)	–
Income taxes	2	(13)	–
Net Income / Loss from continuing operations	(3)	(29)	–
Net Income / Loss from discontinued operations	0	1	–
Net Income / (Loss)	(3)	(28)	–
Shareholder’s net income / (loss)	(3)	(28)	–
Basic Earnings per share in $	(0.42)	(3.88)	–
Basic Earnings per share in €	(0.38)	(3.74)	–

1) Unaudited figures

Cash Flow items ⁽¹⁾ (in millions of $)	2024	2025	*Var.* %
Cash Flow items ⁽¹⁾ (in millions of $)	Q1	Q1	*Var.* %
Segment EBITDA	105	142	*36%*
Income Tax Paid	(3)	(4)	(26%)
Change in Working Capital & Provisions	(0)	(47)	–
Other Cash Items	(1)	(1)	13%
Cash provided by Operating Activity	102	91	*(9%)*
Total Capex	(58)	(61)	(5%)
Acquisitions and Proceeds of Assets	0	(1)	–
Cash from Investing Activity	(58)	(62)	*(7%)*
Paid Cost of Debt	2	(39)	–
Lease Repayment	(12)	(10)	17%
Cash from Financing Activity	(10)	(49)	–
Discontinued Operations Acquisitions	(3)	(0)	89%
Net Cash Flow	30	(20)	–
Financing cash flow	(3)	(129)	–
Forex and other	(4)	(6)	–
Net increase/(decrease) in cash	23	(155)	–

1) Unaudited figures

CONSOLIDATED FINANCIAL STATEMENTS – March 31, 2025

Unaudited Interim Consolidated statement of operations

		Three months ended March 31,
(In millions of US$, except per share data)	Notes	2025	2024
Operating revenues		257.5	248.6
Other income from ordinary activities		0.1	0.1
Total income from ordinary activities		257.6	248.7
Cost of operations		(171.0)	(192.8)
Gross profit		86.6	55.9
Research and development expenses – net		(4.0)	(4.9)
Marketing and selling expenses		(7.7)	(8.8)
General and administrative expenses		(18.1)	(21.3)
Other revenues (expenses) – net	5	(0.3)	(1.1)
Operating income (loss)		56.4	19.8
Cost of financial debt – gross		(27.4)	(27.4)
Income provided by cash and cash equivalents		1.6	3.1
Cost of financial debt, net		(25.8)	(24.3)
Other financial income (loss)	6	(46.2)	(0.0)
Income (loss) before incomes taxes and share of income (loss) from companies accounted for under the equity method		(15.5)	(4.5)
Income taxes		(12.9)	2.1
Net income (loss) before share of income (loss) from companies accounted for under the equity method		(28.4)	(2.4)
Net income (loss) from companies accounted for under the equity method		(0.2)	(0.2)
Net income (loss) from continuing operations		(28.6)	(2.6)
Net income (loss) from discontinued operations		0.7	0.0
Consolidated net income (loss)		(28.0)	(2.6)
Attributable to:
Owners of Viridien S.A.	$	(27.8)	(3.0)
Non-controlling interests	$	(0.2)	0.4
Net income (loss) per share
Basic (a)	$	(3.88)	(0.42)
Diluted (a)	$	(3.88)	(0.42)
Net income (loss) from continuing operations per share
Basic (a)	$	(3.97)	(0.42)
Diluted (a)	$	(3.97)	(0.42)
Net income (loss) from discontinued operations per share ^(a)
Basic (a)	$	0.09	(0.00)
Diluted (a)	$	0.09	(0.00)

(a) As a result of the July 31, 2024 reverse share split, the calculation of basic and diluted earnings per share for 2023 has been adjusted retrospectively. The number of ordinary shares outstanding has been adjusted to reflect the proportionate change in the number of shares

See the notes to the Unaudited Interim Consolidated Financial Statements

Unaudited Interim Consolidated statement of comprehensive income (loss)

		Three months ended March 31,
(In millions of US$)	Notes	2025 ^(a)	2024 ^(a)
Net income (loss) from statements of operations		(28.0)	(2.6)
Net gain (loss) on cash flow hedges		(0.3)	0.3
Variation in translation adjustments		9.9	(5.8)
Net other comprehensive income (loss) to be reclassified in profit (loss) in subsequent period (1)		9.6	(5.5)
Net gain (loss) on actuarial changes on pension plan		(0.5)	0.0
Net other comprehensive income (loss) not to be reclassified in profit (loss) in subsequent period (2)		(0.5)	0.0
Total other comprehensive income (loss) for the period, net of taxes (1) + (2)		9.1	(5.5)
Total comprehensive income (loss) for the period		(18.9)	(8.1)
Attributable to:
Owners of Viridien S.A.		(18.8)	(8.4)
Non-controlling interests		(0.1)	0.3

(a) Including other comprehensive income related to discontinued operations which is not material

Unaudited Interim Consolidated statement of financial position

(In millions of US$)	Notes	March 31, 2025	December 31, 2024
ASSETS
Cash and cash equivalents		146.6	301,7
Trade accounts and notes receivable, net		343.7	339,9
Inventories and work-in-progress, net		162.4	163,3
Income tax assets		13.5	22,9
Other current assets, net		78.1	74,0
Assets held for sale, net		26.4	24,5
Total current assets		770.7	926,2
Deferred tax assets		39.5	43,6
Other non-current assets, net		8.6	8,9
Investments and other financial assets, net		24.2	25,7
Investments in companies under the equity method		5.9	1,1
Property, plant and equipment, net		212.1	220,6
Intangible assets, net		569.3	535,4
Goodwill, net		1,086.4	1,082,8
Total non-current assets		1,946.0	1,918,1
TOTAL ASSETS		2,716.7	2,844,3
LIABILITIES AND EQUITY
Financial debt – current portion	3	43.8	56,9
Trade accounts and notes payables		101.3	120,9
Accrued payroll costs		92.4	84,5
Income taxes payable		17.8	20,4
Advance billings to customers		18.1	19,2
Provisions — current portion		18.8	19,7
Other current financial liabilities		0.0	0,5
Other current liabilities		207.7	182,5
Liabilities associated with non-current assets held for sale		2.2	2,4
Total current liabilities		502.1	507,0
Deferred tax liabilities		18.4	18,4
Provisions — non-current portion		30.9	28,8
Financial debt – non-current portion	3	1,076.4	1,165,6
Other non-current financial liabilities		0.0	0,0
Other non-current liabilities		1.8	1,7
Total non-current liabilities		1,127.5	1,214,5
Common stock: 11,214,681 shares authorized and 7,161,465 shares with a €1.00 nominal value outstanding at March 31, 2025		8.7	8,7
Additional paid-in capital		118.7	118,7
Retained earnings		1,009.0	1,036,5
Other Reserves		37.5	55,2
Treasury shares		(20.1)	(20,1)
Cumulative income and expense recognized directly in equity		(1.4)	(1,1)
Cumulative translation adjustment		(103.3)	(113,3)
Equity attributable to owners of Viridien S.A.		1,049.2	1,084,7
Non-controlling interests		38.0	38,1
Total equity		1,087.2	1,122,8
TOTAL LIABILITIES AND EQUITY		2,716.7	2,844,3

See the notes to the Unaudited Interim Consolidated Financial Statements

Unaudited Interim Consolidated statement of cash flows

		Three months ended March 31,
(In millions of US$)	Notes	2025	2024
OPERATING ACTIVITIES
Consolidated net income (loss)		(28.0)	(2.6)
Less: Net income (loss) from discontinued operations		(0.7)	(0.0)
Net income (loss) from continuing operations		(28.6)	(2.6)
Depreciation, amortization and impairment		21.2	24.2
Impairment and amortization of Earth Data Surveys		24.3	39.0
Depreciation and amortization of Earth Data surveys, capitalized		(4.2)	(3.8)
Variance on provisions		(0.7)	0.3
Share-based compensation expenses		1.1	0.9
Net (gain) loss on disposal of fixed and financial assets		0.1	–
Share of (income) loss in companies recognized under equity method		0.2	0.2
Other non-cash items		30.9	1.2
Net cash-flow including net cost of financial debt and income tax		44.3	59.4
Less: Cost of financial debt		25.8	24.3
Less: Income tax expense (gain)		12.9	(2.1)
Net cash-flow excluding net cost of financial debt and income tax		83.0	81.6
Income tax paid		(4.1)	(3.2)
Net cash-flow before changes in working capital		78.9	78.4
Changes in working capital		11.6	22.3
– change in trade accounts and notes receivable		24.9	33.6
– change in inventories and work-in-progress		6.3	0.2
– change in other current assets		(0.2)	(2.1)
– change in trade accounts and notes payable		(19.8)	15.4
– change in other current liabilities		0.0	(24.8)
Net cash-flow from operating activities		90.5	100.7

INVESTING ACTIVITIES
Total capital expenditures (tangible and intangible assets) net of variation of fixed assets suppliers		(61.2)	(58.2)
Proceeds from disposals of tangible and intangible assets		0.0	0.5
Dividends received from investments in companies under the equity method		–	0.2
Total net proceeds from financial assets		–	–
Variation in other non-current financial assets		2.3	(3.3)
Net cash-flow from investing activities		(58.9)	(60.8)

		Three months ended March 31,
(In millions of US$)	Notes	2025	2024
FINANCING ACTIVITIES
Repayment of long-term debt		(1,074.2)	(0.2)
Total issuance of long-term debt		964.2	–
Call premium		(21.9)	–
Refinancing transaction costs paid		(11.7)	–
Lease repayments		(9.8)	(11.8)
Financial expenses paid		(38.8)	2.0
Dividends paid and share capital reimbursements:
— to owners of Viridien		–	–
— to non-controlling interests of integrated companies		–	–
Net cash-flow from financing activities		(192.2)	(10.0)

Effects of exchange rates on cash		6.0	(4.1)
Net cash flows incurred by discontinued operations		(0.3)	(2.9)
Net increase (decrease) in cash and cash equivalents		(155.0)	22.9
Cash and cash equivalents at beginning of year		301.7	327.0
Cash and cash equivalents at end of period		146.6	349.9

See the notes to the Interim Consolidated Financial Statements

Unaudited Interim Consolidated statements of changes in equity

Amounts in millions of US$, except share data	Number of Shares issued	Share capital	Additional paid-in capital	Retained earnings	Other reserves	Treasury shares	Income and expense recognized directly in equity	Cumulative translation adjustment	Equity attributable to owners of Viridien S.A.	Non-controlling interests	Total equity
Balance at January 1, 2024	7,136,763	8.7	118.7	980.4	27.3	(20.1)	(1.4)	(90.8)	1,022.8	41.5	1,064.3
Net gain (loss) on actuarial changes on pension plan (1)				0.0					0.0		0.0
Net gain (loss) on cash flow hedges (2)							0.3		0.3		0.3
Net gain (loss) on translation adjustments (3)								(5.7)	(5.7)	(0.1)	(5.8)
Other comprehensive income (1)+(2)+(3)	–	–	–	0.0	–	–	0.3	(5.7)	(5.4)	(0.1)	(5.5)
Net income (4)				(3.0)					(3.0)	0.4	(2.6)
Comprehensive income (1)+(2)+(3)+(4)	–	–	–	(3.0)	–	–	0.3	(5.7)	(8.4)	0.3	(8.1)
Exercise of warrants
Dividends									–		–
Cost of share-based payment				0.8					0.8		0.8
Variation in translation adjustments generated by the parent company					9.7				9.7		9.8
Balance at March 31, 2024	7,136,763⁽^a)	8.7	118.7	978.2	37.0	(20.1)	(1.1)	(96.5)	1,024.9	41.8	1,066.7

Amounts in millions of US$, except share data	Number of Shares issued	Share capital	Additional paid-in capital	Retained earnings	Other reserves	Treasury shares	Income and expense recognized directly in equity	Cumulative translation adjustment	Equity attributable to owners of Viridien S.A.	Non-controlling interests	Total equity
Balance at January 1, 2025	7,161,465⁽^b)	8.7	118.7	1,036.5	55.2	(20.1)	(1.1)	(113.3)	1,084.7	38.1	1,122.8
Net gain (loss) on actuarial changes on pension plan (1)				(0.5)					(0.5)		(0.5)
Net gain (loss) on cash flow hedges (2)							(0.3)		(0.3)		(0.3)
Net gain (loss) on translation adjustments (3)								9.9	9.9	0.0	9.9
Other comprehensive income (1)+(2)+(3)				(0.5)	–	–	(0.3)	9.9	9.0	0.0	9.1
Net income (loss) (4)				(27.8)					(27.8)	(0.2)	(28.0)
Comprehensive income (1)+(2)+(3)+(4)				(28.4)			(0.3)	9.9	(18.8)	(0.1)	(18.9)
Dividends									–	–	–
Cost of share-based payment				0.7					0.7		0.7
Variation in translation adjustments generated by the parent company					(17.7)				(17.7)		(17.7)
Changes in consolidation scope and other				0.2					0.2		0.2
Balance at March 31, 2025	7,161,465	8.7	118.7	1,009.0	37.5	(20.1)	(1.4)	(103.3)	1,049.2	38.0	1,087.2

(a) Pro forma following Reverse Share Split
(b) Reverse Share Split: Pursuant to a delegation from the Combined General Meeting of shareholders of May 15, 2024, and a sub-delegation from the Board of Directors held on the same day, the Company’s Chief Executive Officer has decided to implement a reverse share split on the basis of 1 new share of €1.00 nominal value for 100 old shares of €0.01 nominal value

¹All variations refer to the same period last year
²Unless otherwise stated, all figures and comments are referring to “Segment” (i.e. pre-IFRS 15), as defined in the 2024 Universal Registration Document’s glossary, under section 8.7

Attachment

Viridien – Q1 2025 results

The MIL Network –

April 30, 2025

Actual CAPEX in 2021-22	Actual CAPEX 2022-23	Actual CAPEX 2023-24	Intended CAPEX in 2024-25	Intended CAPEX in 2025-26
394,681.5	572,199.7	422,183.3	656,492.7	488,865.5

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Findings of the Forward-Looking Survey on Private Sector CAPEX Investment Intentions
(Survey period: November 2024 to January 2025)

TRAI releases Pre-Consultation Paper on

“Review of Tariff for Domestic Leased Circuits (DLCs)”