Category: GlobeNewswire

MIL-OSI: Yuanbao Inc. Announces First Quarter 2025 Unaudited Financial Results

Source: GlobeNewswire (MIL-OSI)

BEIJING, June 05, 2025 (GLOBE NEWSWIRE) — Yuanbao Inc. (“Yuanbao” or the “Company”) (NASDAQ: YB), a leading technology-driven online insurance distributor in China, today announced its unaudited financial results for the first quarter ended March 31, 2025.

First Quarter 2025 Financial and Operational Highlights

Total revenues in the first quarter of 2025 were RMB970.1 million (US$133.7 million), representing a 43.8% increase from RMB674.5 million in the same period of 2024.
Net income in the first quarter of 2025 was RMB295.1 million (US$40.7 million), representing a 122.1% increase from RMB132.9 million in the same period of 2024.
Net income margin in the first quarter of 2025 was 30.4%, compared with 19.7% in the same period of 2024.
Net operating cash inflow in the first quarter of 2025 was RMB425.1 million (US$58.6 million).
Number of new policies¹ in the first quarter of 2025 was 6.8 million, representing a 21.3% increase from 5.6 million in the same period of 2024.

Recent Developments

Leveraging the latest large language model (“LLM”) capabilities:
- YB Agents. The Company has implemented an intelligent quality inspection Agent, capable of autonomously planning and coordinating multiple inspection tasks. This enables rapid deployment and reuse across complex scenarios, significantly enhancing inspection efficiency. The Company is also developing agents across other operational areas to improve process efficiency.
- Retrieval-Augmented Generation (RAG) Enhancements. The Company has addressed the limitations of LLMs in processing specialized professional knowledge by integrating a specialized insurance knowledge database with RAG, resulting in more accurate responses to consumer insurance inquiries.
- Multi-Modal Applications. The Company is implementing multi-modal capabilities to broaden its interaction methods, seamlessly combining text, images, and other data types to promote more convenient and efficient insurance services.
In terms of the Company’s full consumer service cycle engine (recommendation models), as of the end of March, the Company had developed more than 4,700 models capable of analysis across more than 5,100 labels, an increase of 600 models and 1,000 labels from a year ago.

“Achieving our Nasdaq listing marks the most significant strategic milestone in Yuanbao’s growth since our founding in 2019,” said Mr. Rui Fang, Chairman and Chief Executive Officer of Yuanbao. “In the first quarter of 2025, we reported a substantial increase in revenue and net income, with all core operational metrics demonstrating double-digit year-over-year growth. Notably, the number of new policies increased by 21.3% compared with the prior year period. In technology, we continued to upgrade our full consumer service cycle engine and expand large language model applications across the entire business process. These advancements have remarkably enhanced both the efficiency and user experience of post-sale services, particularly in claim processing. As of the end of March, we had developed over 4,700 models capable of analysis across more than 5,100 labels, an increase of 600 models and 1,000 labels from a year ago. These developments have led to more accurate predictions and significantly improved operational efficiency. Looking ahead, we are committed to increasing investment in R&D to better serve evolving consumer needs. We will also focus on optimizing the full consumer service cycle, deepening strategic collaborations with insurance partners, and creating long-term value for shareholders.”

Mr. Ray Wan, Chief Financial Officer of Yuanbao, commented, “We are pleased to report a strong start to 2025, fueled by stellar financial and operational performance in the first quarter. Our total revenues reached a record RMB970.1 million, marking a 43.8% year-over-year increase, underpinned by the strength and efficiency of our engine. Additionally, we continued to improve our profitability, with net income growing 122.1% and net income margin expanding by 10.7 percentage points to 30.4%, compared with the prior year period. These solid results underscore Yuanbao’s leadership in China’s fast-growing online health insurance industry, where we leverage our core technological strengths to pursue growth while maintaining profitability. We remain confident that our healthy financial position and robust cash reserves will support our strategic initiatives, enhance our competitive advantage, and enable us to explore new opportunities for sustainable future growth.”

1 The number of new policies for a given period represents the total number of both short-term and long-term insurance policies purchased by the Company’s insurance consumers during that period.

First Quarter 2025 Financial Results

Total Revenues. Total revenues in the first quarter of 2025 were RMB970.1 million (US$133.7 million), representing a 43.8% increase from RMB674.5 million in the same period of 2024. This growth was primarily driven by significant increases in revenues from both insurance distribution services and system services.

Insurance Distribution Services. Revenues from insurance distribution services in the first quarter of 2025 were RMB321.8 million (US$44.3 million), representing a 45.0% increase from RMB221.9 million in the same period of 2024. This growth was mainly due to an increase in the number of policies purchased by insurance consumers on Yuanbao’s platform, partly driven by the Company’s enhanced targeted marketing efforts.

System Services. Revenues from system services in the first quarter of 2025 were RMB647.0 million (US$89.2 million), representing a 43.2% increase from RMB451.7 million in the same period of 2024. This growth was primarily driven by the Company’s enhanced ability to provide partnered insurance carriers more effective marketing services and accurate analytics services, enabled by the Company’s continuously improving full consumer service cycle engine. Additionally, the increase was attributable to an expanded provision of system services to both existing and newly acquired partnered insurance carriers.

Others. Revenues from other services in the first quarter of 2025 were RMB1.3 million (US$0.2 million), representing a 27.8% increase from RMB1.0 million in the same period of 2024.

Total Operating Costs and Expenses. Total operating costs and expenses in the first quarter of 2025 were RMB680.6 million (US$93.8 million), representing a 24.1% increase from RMB548.6 million in the same period of 2024.

Operations and Support Expenses. Operations and support expenses in the first quarter of 2025 were RMB44.8 million (US$6.2 million), representing a 16.8% increase from RMB38.3 million in the same period of 2024. This increase was primarily driven by business growth.

Selling and Marketing Expenses. Selling and marketing expenses in the first quarter of 2025 were RMB493.2 million (US$68.0 million), representing a 15.0% increase from RMB428.9 million in the same period of 2024. This increase was primarily due to enhanced efforts to attract new consumers and retain existing consumers.

General and Administrative Expenses. General and administrative expenses in the first quarter of 2025 were RMB66.6 million (US$9.2 million), representing a 50.7% increase from RMB44.2 million in the same period of 2024. This increase was primarily due to higher salary and benefits expenses.

Research and Development Expenses. Research and development expenses in the first quarter of 2025 were RMB76.1 million (US$10.5 million), representing a 104.5% increase from RMB37.2 million in the same period of 2024. This increase was primarily due to intensified research and development efforts and an expansion in R&D personnel, aimed at reinforcing the Company’s leadership position as a technology-driven online insurance distributor.

Investment Income. Investment income in the first quarter of 2025 was RMB6.9 million (US$0.9 million), compared with RMB0.1 million in the same period of 2024. This growth was primarily due to higher gains from short-term investments.

Net Income and Net Income Margin. Net income in the first quarter of 2025 was RMB295.1 million (US$40.7 million), representing a 122.1% increase from RMB132.9 million in the same period of 2024. Net income margin in the first quarter of 2025 was 30.4%, compared with 19.7% in the same period of 2024.

Non-GAAP Adjusted Net Income²and Non-GAAP Adjusted Net Income Margin. Non-GAAP adjusted net income in the first quarter of 2025 was RMB312.2 million (US$43.0 million), representing a 103.2% increase from RMB153.6 million in the same period of 2024. Non-GAAP adjusted net income margin in the first quarter of 2025 was 32.2%, compared with 22.8% in the same period of 2024.

Basic and Diluted Net Income per ADS.³ Basic net income per ADS in the first quarter of 2025 was RMB17.87 (US$2.46), compared with RMB4.97 in the same period of 2024. Diluted net income per ADS in the first quarter of 2025 was RMB6.46 (US$0.89), compared with RMB2.95 in the same period of 2024.

Cash Position and Cash Flow

As of March 31, 2025, the Company had cash and cash equivalents, time deposits, restricted cash and short-term investments of RMB2.77 billion (US$381.3 million), compared with RMB2.34 billion as of December 31, 2024.

In the first quarter of 2025, net cash provided by operating activities was RMB425.1 million (US$58.6 million).

2 Non-GAAP adjusted net income is defined as net income excluding share-based compensation expenses. See “Use of Non-GAAP Financial Measure” and “Reconciliations of GAAP and Non-GAAP Results” at the end of this press release.
3 Each ADS represents six of the Company’s Class A ordinary shares, par value US$0.0001 per share.

Exchange Rate

This announcement contains translations of certain Renminbi (“RMB”) amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ were made at a rate of RMB7.2567 to US$1.00, the exchange rate in effect as of March 31, 2025, as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System. The Company makes no representation that any RMB or US$ amounts could have been, or could be, converted into US$ or RMB, as the case may be, at any particular rate, or at all.

Conference Call

The Company’s management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on June 5, 2025 or 8:00 P.M. Beijing Time to discuss its financial results and operating performance for the first quarter of 2025.

Participant Online Registration:
https://register-conf.media-server.com/register/BIa888df307303472fb71951c383b5a7ba

Participants should complete online registration using the link provided above at least 15 minutes before the scheduled start time. Upon registration, participants will receive the conference call access information, including dial-in numbers, a personal PIN and an e-mail with detailed instructions to join the conference call.

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at ir.yb-inc.com.

About Yuanbao Inc.

Yuanbao Inc. is a leading technology-driven online insurance distributor in China, committed to protecting health and well-being through innovative technology. Leveraging its proprietary consumer service cycle engine and advanced technologies, Yuanbao delivers customized insurance solutions from its partnered insurance carriers to over ten million insurance consumers throughout the entire insurance lifecycle, ranging from personalized recommendations to post-sales services. Through deep collaboration with insurance carriers and the use of data-driven insights, Yuanbao empowers carriers to tailor flagship products, enhances consumer engagement, and drives scalable and efficient distribution.

For more information, please visit: ir.yb-inc.com.

Use of Non-GAAP Financial Measures

The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

The Company uses non-GAAP financial measures, including adjusted net income and adjusted net income margin, in evaluating the Company’s operating results and for financial and operational decision-making purposes. Adjusted net income represents net income excluding share-based compensation expense, and adjusted net income margin represents adjusted net income as a percentage of revenue. Such adjustments have no impact on income tax.

The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as an analytical tool and when assessing the Company’s operating performance, investors should not consider it in isolation. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. Adjusted net income presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as a comparative measure to the Company’s data.

For more information on the non-GAAP financial measures, please see the table captioned “Reconciliation of GAAP and Non-GAAP Results” set forth at the end of this press release.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations in this announcement contain forward-looking statements. Yuanbao may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Yuanbao’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Yuanbao’s mission, goals and strategies; Yuanbao’s future business development, financial condition and results of operations; the expected growth of the insurance industry in China; Yuanbao’s expectations regarding demand for and market acceptance of its products and services; Yuanbao’s expectations regarding its relationships with consumers, insurance carriers and other partners; competition in the industry and relevant government policies and regulations relating to insurance industry. Further information regarding these and other risks is included in Yuanbao’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Yuanbao does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Yuanbao Inc.
E-mail: ir@yb-inc.com

Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: yb@thepiacentegroup.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: yb@thepiacentegroup.com

YUANBAO INC. UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts in thousands, except for share and per share data)

	As of December 31, 2024	As of March 31, 2025
	RMB	RMB	USD
ASSETS
Current assets:
Cash and cash equivalents	1,904,674	2,236,013	308,131
Time deposits	80,000	80,000	11,024
Restricted cash	15,000	15,000	2,067
Short-term investments	336,217	435,708	60,042
Accounts receivable, net	260,958	332,586	45,832
Prepayments and other current assets, net	75,964	44,991	6,200
Total current assets	2,672,813	3,144,298	433,296
Non-current assets:
Property and equipment, net	4,896	5,087	701
Intangible assets, net	58,049	58,026	7,996
Right-of-use assets	19,335	16,171	2,228
Deferred tax assets, net	6,936	7,045	971
Other non-current assets, net	17,611	17,611	2,427
Total non-current assets	106,827	103,940	14,323
TOTAL ASSETS	2,779,640	3,248,238	447,619
LIABILITIES
Current liabilities:
Accounts payable	10,676	20,730	2,857
Contract liabilities	117,649	95,405	13,147
Salary and welfare payable	160,690	159,426	21,969
Taxes payable	51,359	51,173	7,052
Current lease liabilities	13,447	13,548	1,867
Accrued expenses and other current liabilities	586,990	758,236	104,487
Total current liabilities	940,811	1,098,518	151,379
Non-current liabilities:
Non-current lease liabilities	5,714	2,297	317
Deferred tax liabilities, net	46,030	48,473	6,680
Total non-current liabilities	51,744	50,770	6,997
TOTAL LIABILITIES	992,555	1,149,288	158,376

YUANBAO INC. UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) (All amounts in thousands, except for share and per share data)

	As of December 31, 2024		As of March 31, 2025
	RMB		RMB		USD
MEZZANINE EQUITY:
Series Seed convertible redeemable preferred shares (US$0.0001 par value; 30,769,231 and 30,769,231 shares authorized, issued and outstanding as of December 31, 2024 and March 31, 2025, respectively)	692,051		695,316		95,817
Series Angel convertible redeemable preferred shares (US$0.0001 par value; 21,978,022 and 21,978,022 shares authorized, issued and outstanding as of December 31, 2024 and March 31, 2025, respectively)	495,921		497,729		68,589
Series B convertible redeemable preferred shares (US$0.0001 par value; 45,315,510 and 45,315,510 shares authorized, issued and outstanding as of December 31, 2024 and March 31, 2025, respectively)	1,028,888		1,027,703		141,621
Series C-1 convertible redeemable preferred shares (US$0.0001 par value; 37,373,616 and 37,373,616 shares authorized, issued and outstanding as of December 31, 2024 and March 31, 2025, respectively)	851,362		833,372		114,842
Series C-2 convertible redeemable preferred shares (US$0.0001 par value; 15,650,202 and 15,650,202 shares authorized, issued and outstanding as of December 31, 2024 and March 31, 2025, respectively)	352,660		345,176		47,567
TOTAL MEZZANINE EQUITY	3,420,882		3,399,296		468,436

SHAREHOLDERS’ DEFICIT:
Ordinary shares (US$0.0001 par value, 348,913,419 and 348,913,419 shares authorized, 106,994,625 and 106,994,625 shares issued, 106,994,625 and 106,994,625 shares outstanding as of December 31, 2024 and March 31, 2025, respectively)	71		71		10
Additional paid-in capital	198,664		215,743		29,730
Statutory reserves	80,975		80,975		11,159
Accumulated deficit	(1,932,128	)	(1,615,440	)	(222,614	)
Accumulated other comprehensive income	18,621		18,305		2,522
TOTAL SHAREHOLDERS’ DEFICIT	(1,633,797	)	(1,300,346	)	(179,193	)
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ DEFICIT	2,779,640		3,248,238		447,619

YUANBAO INC. UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (All amounts in thousands, except for share, per share data, ADS and per ADS data)

	For the three months ended,
	March 31, 2024		March 31, 2025
	RMB		RMB		USD
Revenues	674,536		970,056		133,677
*Operating costs and expenses:**
Operations and support	(38,332	)	(44,756	)	(6,168	)
Selling and marketing expenses	(428,867	)	(493,150	)	(67,958	)
General and administrative expenses	(44,211	)	(66,640	)	(9,183	)
Research and development expenses	(37,212	)	(76,098	)	(10,487	)
Total operating costs and expenses	(548,622	)	(680,644	)	(93,796	)
Other income:
Interest income	6,017		5,228		720
Exchange gains/(loss)	34		(138	)	(19	)
Investment income	142		6,879		948
Others, net	791		439		60
Income before income taxes	132,898		301,820		41,590
Income tax expenses	(47	)	(6,718	)	(926	)
Net income	132,851		295,102		40,664
Accretion to preferred shares redemption value	(64,607	)	21,586		2,975
Net income attributable to Yuanbao Inc.’s ordinary shareholders	68,244		316,688		43,639

Net income	132,851		295,102		40,664
Other comprehensive income/(loss):
Foreign currency translation adjustments	396		(316	)	(44	)
Total comprehensive income	133,247		294,786		40,620
Accretion to preferred shares redemption value	(64,607	)	21,586		2,975
Comprehensive income attributable to Yuanbao Inc.’s ordinary shareholders	68,640		316,372		43,595

Net income per share attributable to Yuanbao Inc.’s ordinary shareholders
Basic	0.83		2.98		0.41
Diluted	0.49		1.08		0.15

Net income per ADS attributable to Yuanbao Inc.’s ordinary shareholders
Basic	4.97		17.87		2.46
Diluted	2.95		6.46		0.89

Weighted average number of ordinary shares used in computing net income per share
Basic	82,325,900		106,358,492		106,358,492
Diluted	270,332,095		273,915,113		273,915,113

*Share-based compensation expenses are included in the operating costs and expenses as follows：

	For the Three Months Ended
	March 31, 2024		March 31, 2025
	RMB		RMB		USD
Operations and support	–		(11	)	(2	)
Selling and marketing expenses	(4,626	)	(3,730	)	(514	)
General and administrative expenses	(12,105	)	(8,437	)	(1,163	)
Research and development expenses	(4,067	)	(4,901	)	(675	)
Total	(20,798	)	(17,079	)	(2,354	)

**Each ADS represents six ordinary shares.

YUANBAO INC. RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS (UNAUDITED) (All amounts in thousands, unless otherwise noted)

	For the Three Months Ended
	March 31, 2024	March 31, 2025
	RMB	RMB	USD
Net income	132,851	295,102	40,664
Add:
Share-based compensation expenses	20,798	17,079	2,354
Non-GAAP adjusted net income	153,649	312,181	43,018

The MIL Network –

June 5, 2025

MIL-OSI: Jill Martin Joins MOBIA as Director of Sales

Source: GlobeNewswire (MIL-OSI)

DARTMOUTH, Nova Scotia, June 05, 2025 (GLOBE NEWSWIRE) — MOBIA, Canada’s leading business transformation partner, is thrilled to welcome Jill Martin to its team, marking a new chapter in the company’s strategy to grow its presence across Canada. A dynamic sales executive Martin has over two decades of experience in translating big picture vision into revenue growth across enterprise, small to medium businesses (SMB), and partner-led ecosystems. Martin has honed the unique ability to consistently deliver results while building high-performing teams, scaling channel partnerships, and leading with a challenger mindset in competitive markets.

“Jill’s leadership style and strategic mindset are a perfect match for MOBIA’s values and our national vision,” said Chris Peerless, Vice President, Canada. “She brings not only a depth of sales expertise but a culture-first approach that energizes team members and partners. We’re excited to see the impact she’ll have as we continue to grow and strengthen our presence across Canada.”

Most recently, Martin served as National Channel Sales Leader at Pure Storage, where she shaped the company’s go-to-market strategy across Canada. From launching the channel to driving major enterprise wins, her tenure was defined by purpose, pride, and powerful collaboration. Her strategic instincts, creativity, and trusted leadership made her a driving force behind Pure’s partner success and market expansion. “Throughout my career, I’ve had the privilege to work with talented teams at leading organizations,” said Martin. “I’m excited for the opportunity to work with another high-caliber team and to lead the efforts to expand MOBIA’s reach across Canada, not just with customers but with strong partner relationships, too.”

As an acknowledged culture builder, it was MOBIA’s great culture that drew Martin. “I believe that a healthy company and team focussed culture is a critical factor for success, she said. “I’m excited to be part of a team that lives this, not just internally but when it comes to serving its clients.”

“I look forward to having Jill on the team as another advocate as we continue to build lasting relationships with our partners,” said Nicole Murphy, Director of Alliances and Partnerships at MOBIA. “At MOBIA, we always say that we’re stronger together. Having leaders that embody this bring us closer to that vision.”

To learn more about MOBIA contact Laura Hambly at laura.hambly@mobia.io.

ABOUT MOBIA
MOBIA is a leading expert in business transformation and innovative enterprise technology systems. With hundreds of customers across North America, MOBIA partners with organizations of all sizes, across all verticals to transform the way they work. Focused on people, processes, technology, and culture, MOBIA helps businesses reach their full potential. MOBIA is proud to be recognized as one of Canada’s Best Managed Companies and Canada’s Top Growing Companies. To learn more, visit Mobia.io

The MIL Network –

June 5, 2025

MIL-OSI: Form 8.3 – [CRANEWARE PLC – 04 06 2025] – (CGWL)

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	CRANEWARE PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	04 JUNE 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p ORDINARY
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	1,694,624	4.7857
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,694,624	4.7857

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
1p ORDINARY	SALE	690	2093.5p
1p ORDINARY	SALE	2,125	2094p
1p ORDINARY	SALE	1,523	2056p

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
NONE

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
NONE

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
NONE

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	05 JUNE 2025
Contact name:	PHIL HULME
Telephone number:	01253 376551

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

June 5, 2025

MIL-OSI: Strategic merger: Agelec joins the Videlio group

Source: GlobeNewswire (MIL-OSI)

The growing challenges of supervision, decision-making efficiency, and security for institutions and businesses have led Videlio, a major player in audiovisual and IT integration, to take a step forward in the development of a new strategic activity: control systems. This turning point is now taking place through a major merger with Agelec, the French leader in supervision and control solutions for sensitive infrastructure.

This marks a defining moment for the Videlio group, confirming its ambition to offer a wider range of solutions that are among the most innovative on the market. The Group’s goal is to stay as close as possible to its customers’ operational needs and uses by offering them solutions that are easy to use, secure, and effective.

Industrial synergy between two leading players

AGELEC stands out today as the specialist in supervision, control, and visualization solutions dedicated to critical environments, meeting the constant demand for availability and security of sensitive infrastructure. Its control or supervision rooms, security stations, crisis rooms, and command or surveillance centers demonstrate Agelec’s recognized experience in meeting these very high standards. This expertise has attracted leading clients.

Videlio and Agelec will work together to strengthen this expertise by combining their operational and commercial resources to give new scope to this activity within the Group. Their ambition is to develop a model capable of combining the best technologies in open architectures that guarantee both security and interoperability.

This project will focus in particular on the development of advanced collaborative incident management solutions, agile and robust architectures with AVoIP, and intelligent video walls. Videlio and Agelec will also work together on today’s major challenges, with innovative offerings in AI, cybersecurity, augmented reality, and more.

Xavier Renaud, President of Videlio:

“Agelec is a leader in control rooms, particularly through its mastery of the technological and operational complexities of this type of installation. We are very pleased with this merger, which strengthens Videlio’s position as the French leader in specialized high value-added audiovisual integration, while expanding our scope of activity in a market in which we strongly believe. We enthusiastically welcome the Agelec teams and their leader Guillaume Guérin, who has built a solid, innovative company that is virtually indispensable in its ecosystem.”

Guillaume Guérin, President of Agelec:

“The energy and human values that drive Videlio were decisive factors in our choice. We share the same vision of audiovisual integration, which brings high standards and value creation for the end customer. Our common conviction is to place usability, ergonomics, and business intelligence above technology. Joining Videlio is obviously an opportunity to take a step forward, but above all, it is an opportunity to amplify our innovation momentum in intelligent and open systems, to better support our customers as they face the constant evolution of their critical challenges.”

The MIL Network –

June 5, 2025
MIL-OSI: LyondellBasell enters into an agreement and exclusive negotiations with AEQUITA for the sale of four European Strategic Assessment assets

Source: GlobeNewswire (MIL-OSI)

ROTTERDAM, The Netherlands, June 05, 2025 (GLOBE NEWSWIRE) — LyondellBasell (LYB) today announced that it has entered into an agreement and exclusive negotiations with AEQUITA for the sale of select olefins & polyolefins assets and the associated business in Europe. The sites to be sold have been part of the previously announced European strategic assessment and are located in Berre (France), Münchsmünster (Germany), Carrington (UK), and Tarragona (Spain).

“This contemplated transaction is a significant step in LYB’s transformation to Grow and Upgrade our Core. We are committed to operate our assets safely and reliably throughout this process and will continue to support our customers, employees and other key stakeholders,” said Peter Vanacker, LyondellBasell chief executive officer. “Europe remains a core market for LYB and one we will continue to participate in following this transaction with more of a focus on value creation through establishing profitable leadership in circular and renewable solutions.”

The assets and business to be acquired by AEQUITA include integrated and non-integrated sites within LYB’s European olefins and polyolefins business, as well as supporting central functions based at the Company’s Rotterdam headquarters and various locations. The sites together represent a scaled olefins and polyolefins platform strategically located in proximity to a longstanding customer base and with access and connectivity to key infrastructure.

“The acquisition of these assets from LYB marks another important step in expanding our industrial footprint,” said Christoph Himmel, Managing Partner at AEQUITA. “Each site brings a strong operational foundation and a highly experienced, committed employee base. We are confident in our ability to accelerate their development under AEQUITA’s ownership approach. We look forward to welcoming the teams into our Group and to working collaboratively with all stakeholders to ensure a smooth transition and establish a strong platform for long-term success.”

The agreement entered into between LyondellBasell and AEQUITA is a put option deed under which AEQUITA has committed to enter into an agreed form purchase agreement if LyondellBasell exercises its put option, after conclusion of certain works council consultation processes.

Closing of the proposed transaction is currently expected in the first half of 2026, subject to the completion of the information and consultation processes with the relevant employee representative bodies in accordance with applicable laws, as well as regulatory and other customary closing conditions. Citi and J.P. Morgan Securities LLC acted as financial advisors and Linklaters LLP acted as legal counsel to LyondellBasell.

Investor conference call

LYB will host a conference call June 5 at 8 a.m. EDT. Participants on the call will include Chief Executive Officer Peter Vanacker, Executive Vice President and Chief Financial Officer Agustin Izquierdo, Executive Vice President of Global Olefins and Polyolefins Kim Foley and Head of Investor Relations Dave Kinney. For event access, the toll-free dial-in number is 1-877-407-8029, international dial-in number is 201-689-8029 or click the CallMe link. The slides and webcast that accompany the call will be available at investors.lyondellbasell.com/events-and-presentations/. A replay of the call will be available from 1 p.m. EDT June 5 until July 5, 2025. The replay toll-free dial-in numbers are 1-877-660-6853 and 201-612-7415. The access ID for each is 13754240.

About LyondellBasell
We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors, and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

About AEQUITA
AEQUITA is a Munich-based industrial group investing in special situations, including corporate carve-outs, successions, and transformational situations across Europe. Its current portfolio generates more than EUR 3.5 billion in revenues. With a strong capital base, entrepreneurial expertise, and a partnership approach, AEQUITA focuses on the acquisition and long-term value enhancement of companies that can benefit from its operational engagement. For more information, please visit www.aequita.com.

Media Inquiries LYB Global
LyondellBasell Media Relations
Phone: +1-713-309-7575
Email: mediarelations@lyondellbasell.com

Or:

Media Inquiries LYB Europe
Robert Kleissen, External Affairs Europe
Phone: +31-6-273-573-98
Email: robert.kleissen@lyondellbasell.com

Media Inquiries AEQUITA
Simon Schulz, Partner
Phone: +49-89-2620-4840-0
Email: contact@aequita.com

Forward-Looking Statements LYB
The statements in this release relating to matters that are not historical facts are forward-looking statements. Actual results could differ materially based on factors including, but not limited to, our ability to align our asset base with our strategic goals; our ability to successfully complete the transactions contemplated by the put option and related agreements; completion of information and consultation processes of the relevant employee representative bodies; and the satisfaction of regulatory and other customary closing conditions. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2024, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.

The MIL Network –

June 5, 2025
MIL-OSI: Iran-aligned BladedFeline spies on Iraqi and Kurdish officials, ESET Research discovers
Source: GlobeNewswire (MIL-OSI)
- ESET researchers have revealed that Iran-aligned threat group BladedFeline targeted Kurdish and Iraqi government officials with array of malicious tools discovered within their systems.
- ESET discovered and analyzed two reverse tunnels (Laret and Pinar), a backdoor (Whisper), a malicious IIS module (PrimeCache), and various supplementary tools.
- With high-confidence ESET Researchers assess that BladedFeline is a subgroup within Iran-aligned OilRig, as the initial implants used there can be traced back to OilRig group.
- BladedFeline already compromised Kurdish diplomatic officials with the group’s Shahmaran signature backdoor in 2023.
MONTREAL and BRATISLAVA, Slovakia, June 05, 2025 (GLOBE NEWSWIRE) — The Iran-aligned threat group BladedFeline has targeted Kurdish and Iraqi government officials in a recent cyber-espionage campaign, according to ESET researchers. The group deployed a range of malicious tools discovered within the compromised systems, indicating a continued effort to maintain and expand access to high-ranking officials and government organizations in Iraq and the Kurdish region. The latest campaign highlights BladedFeline’s evolving capabilities, featuring two tunneling tools (Laret and Pinar), various supplementary tools, and, most notably, a custom backdoor Whisper and a malicious Internet Information Services (IIS) module PrimeCache, both identified and named by ESET.

Whisper logs into a compromised webmail account on a Microsoft Exchange server and uses it to communicate with the attackers via email attachments. PrimeCache also serves as a backdoor: it is a malicious IIS module. PrimeCache also bears similarities to the RDAT backdoor used by OilRig Advanced Persistent Threat (APT) group.

Based on these code similarities, as well as on further evidence presented in this blogpost, ESET assesses that BladedFeline is a very likely subgroup of OilRig, an Iran-aligned APT group going after governments and businesses in the Middle East. The initial implants in the latest campaign can be traced back to OilRig. These tools reflect the group’s strategic focus on persistence and stealth within targeted networks.

BladedFeline has worked consistently to maintain illicit access to Kurdish diplomatic officials, while simultaneously exploiting a regional telecommunications provider in Uzbekistan, and developing and maintaining access to officials in the government of Iraq.

ESET Research assesses that BladedFeline is targeting the Kurdish and Iraqi governments for cyberespionage purposes, with an eye toward maintaining strategic access to the computers of high-ranking officials in both governmental entities. The Kurdish diplomatic relationship with Western nations, coupled with the oil reserves in the Kurdistan region, makes it an enticing target for Iran-aligned threat actors to spy on and potentially manipulate. In Iraq, these threat actors are most probably trying to counter the influence of Western governments following the US invasion and occupation of the country.

In 2023, ESET Research discovered that BladedFeline targeted Kurdish diplomatic officials with the Shahmaran backdoor, and previously reported on its activities in ESET APT Activity reports. The group has been active since at least 2017, when it compromised officials within the Kurdistan Regional Government, but is not the only subgroup of OilRig that ESET Research is monitoring. ESET has been tracking Lyceum, also known as HEXANE or Storm-0133, as another OilRig subgroup. Lyceum focuses on targeting various Israeli organizations, including governmental and local governmental entities and organizations in healthcare.

ESET expects that BladedFeline will persist with implant development in order to maintain and expand access within its compromised victim set for cyberespionage.

For a more detailed analysis and technical breakdown of BladedFeline’s tools used in Operation RoundPress, check out the latest ESET Research blogpost “Whispering in the dark” on WeLiveSecurity.com. Make sure to follow ESET Research on Twitter (today known as X), BlueSky, and Mastodon for the latest news from ESET Research.

About ESET
ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown— securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud, or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow our social media, podcasts and blogs.

The MIL Network –
June 5, 2025
MIL-OSI: Toobit Launches Zero-Fee Trading for All USDC Spot Pairs

Source: GlobeNewswire (MIL-OSI)

GEORGE TOWN, Cayman Islands, June 05, 2025 (GLOBE NEWSWIRE) — Toobit, an award-winning global digital asset trading exchange, is launching a limited-time Zero-Fee Trading for all USDC spot trading pairs, beginning June 5, 2025, at 8:00 (UTC). During this event, all users can enjoy 0% maker and taker fees, helping them maximize profitability by eliminating transaction costs.

This exclusive promotion applies to all currently available USDC spot pairs on the Toobit platform, including BTC/USDC, ETH/USDC, SOL/USDC, DOGE/USDC, TRX/USDC, and TON/USDC. The initiative is part of Toobit’s ongoing efforts to make digital asset trading more accessible, cost-efficient, and user-friendly.

“We’re continuously looking for ways to improve our users’ trading experience and provide them with a rewarding trading environment,” said Mike Williams, Chief Communication Officer at Toobit. “This zero-fee event is designed to give traders greater flexibility while optimizing their returns.”

In spot trading, maker and taker fees are the standard costs users pay to execute trades on an exchange. A maker adds liquidity to the market by placing a limit order that isn’t immediately filled, while a taker removes liquidity by matching with an existing order. Most exchanges charge separate fees for each, but during this event on Toobit, both types of trades will incur zero fees.

Removing these fees means a greater portion of each trade goes directly to the user, supporting more efficient strategies, especially for high-frequency traders and those trading at volume.

Toobit invites traders of all experience levels to take advantage of this opportunity to maximize their returns with zero transaction costs on one of the most stable cryptoasset exchanges in the market.

For more information, visit www.toobit.com.

About Toobit

Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

Contact: Davin C.

Email: market@toobit.com

Website: www.toobit.com

Disclaimer: This is a paid post and is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2bb0a47e-db2b-4e63-8177-2ad7330dbb35

The MIL Network –

June 5, 2025
MIL-OSI: Atos to deliver key IT services and applications for UEFA Nations League Finals™ 2025
Source: GlobeNewswire (MIL-OSI)

Press Release

Atos to deliver key IT services and applications for UEFA Nations League Finals™ 2025

Paris, France – 5 June, 2025 – Atos, the Official Information Technology Partner of UEFA National Team Football, will deliver key IT services and applications support for the UEFA Nations League Finals™(UNLF) 2025, taking place from June 4 to June 8, 2025, in Germany. Atos’ expertise will once again support hundreds of millions of fans worldwide to share the electrifying experience of one of the highest profile football tournaments.

To provide the best experience for all stakeholders, from the European football family to fans and media, Atos will be responsible for managing core IT planning and operations systems all requiring the highest level of reliability, efficiency and security. These solutions include:
- Event Management systems including accreditation, access control solutions, competitions solutions, radio communication and service desk services.
- Diffusion system like the football service platform, the mobile app, the website including some embedded gaming functionalities such as match predictor and quiz about competitions.
- End-to-end cybersecurity services, from compliance and threat intelligence to on-the-ground and hybrid-cloud security.
Since the inception of their partnership in 2022, Atos have assisted UEFA on a day-to-day basis to manage, improve, and optimize its complex technology landscape and in facing new technology challenges. In a new data consumption era, large sport associations need to keep pace with the expectations of their audiences, especially the youth fan base, who are craving for more personalization, technology and data, engagement and real-time information. To meet these challenges, Atos and UEFA have been striving to continuously introduce innovations driving immersive fan experiences with secure, real-time data and deliver best-in class, AI-powered IT solutions.

Atos, helped make the UEFA EURO 2024™ a tremendous success, supporting over 200 applications, over 6 million app download, almost 1.3 billion email and app push notifications, and a cumulated live audience of over 5 billion. Atos and UEFA also introduced innovative applications like the Football Service Platform, providing data and statistics such as results, line-ups, live match events, players status and ranking of all UEFA teams, transforming all stakeholders’ experience.

The entire Atos team, from the IT Command Center of UEFA in Nyon (Switzerland) to the delivery centers in Madrid and Barcelona (Spain), as well as Egypt, Poland, Romania and France are committed on daily basis to making sure UEFA is well-prepared to deliver exceptional experiences to fans around the world.

“We are excited to feel the competition pressure building up as we enter the last stages of UEFA Nations League preparation. Our team is working tirelessly to make sure we once again deliver a secure, flawless and innovative service to UEFA and provide all football fans with an unforgettable tournament experience.” said Nacho Moros, Head of Atos Major Events.

“Since the beginning of our partnership with Atos in 2022, we have been making advances in the quality of services we are introducing and providing to all the Football stakeholders. We are confident that the 2025 edition of the Nations League will once again leverage the most advanced technologies to provide all football fans an amazing experience”, stated Hosni Ajala, Chief of ICT at UEFA.

Atos has been serving its partners and customers through a dedicated in-house sports and major events division (“Major Events”) for over 3 decades, giving it an unmatched experience and the flexibility to serve its customers regardless of their exposure, size and scale. From global events to local competitions, Atos consistently strives to deliver technology excellence to its entire customer base.

Atos has been involved with the Olympic Movement since 1992 and the Paralympic Movement since 2002 and is the Official Digital Technology Partner of the European Olympic Committees, as well as the official Digital partner for Special Olympics International. The company is also the Official Information Technology Partner of UEFA National Team Football. Most recently, Atos has been instrumental in delivering successful leading-edge IT services for iconic events such as the Olympic and Paralympic Games Paris 2024 or inspiring events such as Invictus Games Vancouver 2025 or the Special Olympics Torino Winter Games 2025.

To learn more about Atos solutions for sporting events and major events, visit Atos Major event.

***

About Atos Group

Atos Group is a global leader in digital transformation with c. 72,000 employees and annual revenue of c. € 10 billion, operating in 68 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

Press contact

Laurent Massicot – laurent.massicot@atos.net – 33 (0)7 69 48 01 80

Attachment
- PR Global – Atos to deliver key IT services and applications for UEFA UNLF 2025
The MIL Network –
June 5, 2025
MIL-OSI: Enko Capital welcomes commitment from IFC to new Impact Credit Fund

Source: GlobeNewswire (MIL-OSI)

LONDON, June 05, 2025 (GLOBE NEWSWIRE) — Enko Capital (“Enko”), an African-focused asset management firm managing debt, private debt, equity and private equity investments across Africa, has welcomed commitment from International Finance Corporation (“IFC”) to its new Impact Credit Fund (“EICF”).

The commitment has been confirmed by IFC with the planned equity investment in the fund being up to the lower of US$25 million or 20% of total Limited Partner (LP) commitment to EICF. The project is being processed under IFC’s Debt Funds Project (DFP) Investment Framework.

EICF is Enko’s first private credit vehicle. It has a target LP commitment size of US$150 million, targeting US$80 million at first close, expected to take place in Q3 2025. EICF’s objective is to invest in a diversified portfolio of USD denominated senior secured and unsecured debt to mid-sized corporates in sub-Saharan Africa, excluding South Africa.

EICF will seek to invest in SDG-aligned, ESG focused and gender-oriented businesses, while generating commercial returns and utilising guarantees, insurance wraps and collateral to hedge downside credit risks.

Alain Nkontchou, Managing Partner of Enko, said, “We are delighted to have received this invaluable support from IFC for our debut private credit fund. The fund will provide critical growth capital for mid-market SMEs on the continent and will deliver both positive social impact and compelling risk-adjusted returns. This growth capital can help address the massive funding gap which businesses on the continent face while driving sustainable development.”

About Enko:

Enko Capital (“Enko”), is an African-focused asset management firm managing debt, private debt, equity and private equity investments across Africa. Enko offers deep knowledge of the continent combined with best-in-class investment expertise. Enko was founded in 2008 by Alain and Cyrille Nkontchou, and has over $1bn in assets under management.

Contact:

nick.white@enkocapital.com

The MIL Network –

June 5, 2025
MIL-OSI: Capgemini becomes an Official Partner of the Tour de France and Tour de France Femmes avec Zwift until 2029 to power cycling through tech and innovation
Source: GlobeNewswire (MIL-OSI)

Capgemini becomes an Official Partner of the Tour de France
and Tour de France Femmes avec Zwift until 2029
to power cycling through tech and innovation

The new partnership encompasses 14 international cycling events including La Vuelta, Paris-Roubaix and Liège-Bastogne-Liège races, as well as five standalone women’s races

Paris, June 5, 2025 – Capgemini announced today that it has become the Official Technology Partner, for the next 5 years, of 14 cycling races, including the world renowned Tour de France, to help drive innovation in professional cycling. Together, they will leverage technology, innovation and artificial intelligence (AI) to grow the cycling community, engage fans all over the world and bring cycling into people’s lives.

This agreement, that goes beyond the Tour de France and the Tour de France Femmes avec Zwift, will see Capgemini support a series of international cycling events, that include both men’s races – such as La Vuelta, Paris-Nice, Critérium du Dauphiné, Paris-Roubaix, Paris-Tours, La Flèche Wallonne, Liège-Bastogne-Liège, the Tro Bro Leon, and the women’s races of La Vuelta Femenina by Carrefour.es, Paris-Roubaix Femmes avec Zwift, La Flèche Wallonne Femmes, Liège-Bastogne-Liège Femmes.

As part of this new global long-term partnership, Capgemini is the Official Technology Partner of each of these events, bringing its deep expertise in digital innovation, technology and AI into the professional cycling field. Over the next five years, Capgemini will support these top cycling events in realizing their technology roadmap, delivering cutting-edge technological solutions aimed at enhancing performance insights, supporting international audiences and engaging fans, from casual enthusiasts to amateur cyclists. In 2024, the Tour de France reached more than 1 billion TV viewed hours in 190 countries and broke digital records with nearly 100 million website visits and 1.6 billion impressions on social media.

With this partnership, Capgemini extends its sports sponsorship portfolio that focuses on bringing the breadth of the Group’s capabilities to enhance leading global events with technological innovation, high performance and team spirit at the heart. As a global company based in 50 countries, with well-established operations across regions that have a strong cycling fanbase such as Germany, France, Italy, Spain, the Netherlands, UK, and USA, Capgemini will promote the fourteen cycling races internationally.

“At Capgemini, we are proud to partner with 14 iconic global sports competitions including the world-famous Tour de France and Tour de France Femmes avec Zwift. Each embody the driving principles of precision, endurance, high performance and teamwork – attributes that we, at Capgemini, live by every day,” said Aiman Ezzat, Chief Executive Officer of Capgemini. “This partnership reflects our commitment to bringing the Group’s breadth of expertise and capabilities to enhance the future of sport through cutting-edge innovation, data-led insights and an augmented fan experience.”

“We are very proud to launch this long-term partnership with Capgemini, leader in technology and innovation. This strategic partnership will help to promote and accelerate our digital ambitions for the Tour de France and all A.S.O. Cycling events around the world. New digital solutions will help to further enhance the Fan experience and engage new communities with innovative and upgraded features and services,” says Yann Le Moënner, A.S.O. Managing Director.

Transforming sport through technology and innovation
The partnership builds on Capgemini’s already strong track record in adding value to the fan experience and sporting performance through its portfolio of sports sponsorships.
- In 2024, for the 37^th America’s Cup, Capgemini and America’s Cup Media revealed the breakthrough WindSight IQ ^TM technology in Barcelona. Through a combination of technology, engineering, data, and design, Capgemini developed a LiDAR-based sensor system that made the yacht racing more understandable and engaging for viewers. The solution enabled the viewers to visualize the wind and model potential race results, enhancing the fan experience.
- This year, Capgemini is a Principal Partner of Women’s Rugby World Cup 2025, set to kick off in the UK in August. Since 2022, the Group has played a pivotal role in advancing inclusivity in the sport as a Global Partner of the Women in Rugby initiative and enabling the Capgemini Women in Rugby Leadership Programme, to support a new generation of female leaders in rugby.
- For the 2025 Ryder Cup in September, Capgemini will bring a generative AI powered version of its Outcome IQ, a tool that puts the intelligence of real-time data in the palm of every fan’s hand, helping to enhance the fan experience by tracking outcome probabilities shot by shot. Capgemini is Worldwide Partner to the Ryder Cup up until and including the 2027 Ryder Cup in County Limerick, Ireland.
About Capgemini
Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
Get The Future You Want | www.capgemini.com

Attachment
- 06_05_Capgemini_becomes_official_partner_of_the_Tour_de_France
The MIL Network –
June 5, 2025
MIL-OSI: MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, June 05, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, is shaping its long-term strategy, based on its mission – making crypto more accessible to everyone and building trust within the community. Being a significant player in the market, MEXC drives the whole industry. The effect of its recent investments on the crypto space globally is hard to overestimate.

As part of this strategy, the exchange has previously made a significant investment of $16 million in Ethena, a leading innovator in the stablecoin space. The investment follows MEXC’s recent acquisition of $20 million worth of USDe, Ethena’s synthetic dollar, which caused a surge in ENA’s trading volume and boosted USDe’s total value locked (TVL).

In May 2025, the TVL of USDe in MEXC recorded a value above $100 million, making it the second-largest holder of USDe TVL among centralized exchanges. This growth aligns with the broader rise of USDe, whose circulating supply has reached nearly $5.2 billion — making it the fourth-largest stablecoin by market capitalization. The trust in this coin is backed up by several factors. In contrast to some highly volatile crypto assets, USDe exhibits greater price stability. Also, Ethena employs a unique strategy for maintaining the dollar peg, combining derivatives and on-chain liquidity.

To encourage users to experience and trade USDe, MEXC launched several events and promotional campaigns, including one with an impressive prize pool of $1 million. Other incentives include zero trading fees, presented as a limited-time Trader’s Fest, aimed at attracting crypto professionals and those who are making their first steps. Within this offering, traders can take advantage of zero-fee trading pairs.

To appeal to risk-averse crypto investors, MEXC comes out with exclusive staking rewards with generous APR (annual percentage rate). These incentives, targeted to various crypto user groups, offer simplicity, innovation and customization. They drive industry as a whole and build confidence among market participants by promoting stablecoins as a more trustworthy instrument and emphasizing transparency and security of operations.

These efforts, benefiting not only MEXC itself, but the crypto market on a larger scale, are followed by astonishing numbers. For instance, in March, the quantity of ENA holders increased by 30%, ENA TVL increased by 14%, and the daily trading volume of ENA increased by 885%. The average spot daily trading volume in March increased by 557% compared to February’s numbers.

By May 2025, ENA’s market capitalization reached 1.96 billion USD, marking a substantial growth from February 2025, when its market cap was approximately half that amount at 1.07 billion USD.

To sum up, MEXC, a cryptocurrency exchange with a years-long history (it was founded in 2018) is making investments in innovative, but at the same time secure instruments. This move emphasizes MEXC’s values and sets positive trends for the crypto industry in the long-term perspective.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR Manager Lucia Hu: lucia.hu@mexc.com

Source

Disclaimer: This is a paid post and is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee886fd6-a86d-483a-bc84-6114b3f85355

The MIL Network –

June 5, 2025
MIL-OSI: Municipality Finance issues NOK 2 billion notes under its MTN programme

Source: GlobeNewswire (MIL-OSI)

Municipality Finance Plc
Stock exchange release
5 June 2025 at 10:00 am (EEST)

Municipality Finance issues NOK 2 billion notes under its MTN programme

Municipality Finance Plc issues NOK 2 billion notes on 6 June 2025. The maturity date of the notes is 6 January 2031. The notes bear interest at a fixed rate of 4.125% per annum.

The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 6 June 2025.

DNB Bank ASA acts as the dealer for the issue of the notes.

MUNICIPALITY FINANCE PLC

Further information:

Joakim Holmström
Executive Vice President, Capital Markets and Sustainability
tel. +358 50 444 3638

MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland. The Group’s balance sheet is over EUR 53 billion.

MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

Read more: https://www.kuntarahoitus.fi/en/

Important Information

The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

The MIL Network –

June 5, 2025
MIL-OSI: Ageas Re partners with Slovenian insurer Triglav Group in connection with the Motor insurance business distributed by Italian Insurtech Prima
Source: GlobeNewswire (MIL-OSI)

Ageas Re partners with Slovenian insurer Triglav Group in connection with the Motor insurance business distributed by Italian Insurtech Prima

Today, Ageas Re, the reinsurance arm of Ageas Group, concluded a reinsurance agreement with Slovenian insurer Triglav Group in connection with the partnership entered into by Triglav Group with leading Italian direct Motor insurance distributor, Prima Assicurazioni S.p.A. (Prima), with the objective to expand its business portfolio and to contribute to the Ageas’s Elevate27 profitable growth ambitions.

Under to the agreement, Ageas Re takes an 80% Quota Share on the Prima business underwritten by Triglav Group in 2025, commencing in the coming weeks.

Prima is a rapidly growing, profitable insurance distributor that began distributing personal lines policies, mainly Motor, in 2015. Since then, it has become the number 1 in the Italian Direct Motor business. In 2024, the company generated EUR 1.3 billion gross written premiums, servicing over 4 million customers, and EUR 104 million Group EBITDA.

This agreement is in perfect alignment with Ageas’s Elevate27 strategy to achieve profitable growth in an attractive European Non-Life market. The Italian Motor insurance market generates premiums in excess of EUR 15 billion, with consistent profitability. Through this partnership, Ageas Re teams up with a tech-driven, local champion, with proven track record, providing immediate market entry with considerable scale.

Ageas Re anticipates inflows from this transaction in excess of EUR 500 million in 2025 and a Net Operating Result of around EUR 15 million, spread over 2025 and 2026. The impact on Group Solvency is estimated to be no more than -4 points in 2025.

Hans De Cuyper, CEO of Ageas stated: The agreement with Triglav Group aligns well with many aspects of our newly launched strategy, Elevate27. This collaboration enables us to enter a promising European growth market in Non-Life insurance and achieve profitable growth through a partner with a strong market position.”

Joachim Racz, CEO of Ageas Re continued: “I am pleased to announce this partnership. Along with the entire Ageas Re team, I look forward to establishing a successful collaboration, offering high-quality insurance products to the Italian customer distributed by Prima. We would also like to thank Howden Re for the excellent management of the process and transaction.”

George Ottathycal, CEO of Prima said: “Prima Assicurazioni has experienced remarkable growth in the Italian motor insurance market, surpassing 4 million active customers in just ten years. This success is the result of our sophisticated and rigorous pricing and underwriting, outstanding user experience, and, most importantly, our carefully selected strategic partners who fully align with our cutting-edge, technology- and data-driven business model. Not only will the solidity and trust of the new partners Triglav Group and Ageas Re further expand our growth, but will also deliver significant value to our entire network of agents and brokers—and, above all, to our customers.”

Andrej Slapar, President of the Management Board of Zavarovalnica Triglav, commented: “Our strategic ambition is to grow beyond existing markets and enhance Triglav Group’s international recognition. The Italian motor insurance market presents a strong opportunity to support this goal, and we are pleased to be working with well-established partners Prima and Ageas Re. The Triglav Group will continue to explore opportunities for further growth and for delivering on the other objectives set out in our strategy.”

Ageas is a Belgian rooted listed international insurance Group with a heritage spanning of 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow, and is also engaged in reinsurance activities. As one of Europe’s larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Portugal, Türkiye, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of EUR 18.5 billion in 2024.

Prima Assicurazioni is an insurtech company operating as a specialized insurance agency in the automotive, home, and family sectors, serving over 4 million clients. It has revolutionized the Italian insurance market through innovation, technology, and a data-driven strategy. Thanks to unprecedented growth over its 10-year history, Prima’s evolving business model has enhanced the user experience, offering competitive pricing and fostering greater market competition. A leader in Italy’s online motor insurance sector, Prima also operates a nationwide network of agents. Since 2022, the company has expanded into the United Kingdom and Spain.

For 125 years, the Triglav Group has earned the trust of clients and other stakeholders through its expertise, experience, and financial strength. It is the largest insurance-financial group in the Adria region and one of the leading groups in Southeast Europe. The Group operates in six countries, with broader international presence through insurance and reinsurance activities. Insurance and asset management are the two main pillars of its operations. The Group employs more than 5,000 people. Its mission is to create a safer future. The core values of the Group are responsiveness, simplicity, and reliability. Its vision is focused on strengthening its identity and recognition as an international insurance-financial group. Through sustainable operations, it provides a development-oriented environment for employees, maintains strong partnerships, and represents a stable, secure, and profitable investment for shareholders. The parent company of the Triglav Group is Zavarovalnica Triglav, a Prime Market issuer on the Ljubljana Stock Exchange.

Attachment
- Pdf version of the press release
The MIL Network –
June 5, 2025
MIL-OSI: Richemont publishes FY25 Annual Report and Non-Financial Report

Source: GlobeNewswire (MIL-OSI)

5 JUNE 2025

RICHEMONT PUBLISHES FY25 ANNUAL REPORT
AND NON-FINANCIAL REPORT

Richemont has today published its combined Annual Report and Accounts with the Business review, the Compensation Report and the Corporate Governance Report, along with its Non-Financial Report, for the year ended 31 March 2025.

The Annual Report and Accounts, which includes the Chairman’s review to shareholders, the annual consolidated and statutory financial statements, and the corresponding audit reports was already published on 16 May 2025.

The Non-Financial Report 2025, prepared in accordance with the Global Reporting Initiative (GRI) Standards (2021), provides Richemont’s disclosures on non-financial matters. The report complies with the reporting disclosure required by Articles 964a-c of the Swiss Code of Obligations, including the Swiss Ordinance on Climate Disclosures. Selected disclosures and indicators have been independently assured (limited assurance) by PricewaterhouseCoopers SA (PwC).

Both reports are available for download on the Company’s website at https://www.richemont.com/media/ue1bjrjv/richemont-fy25-annual-report-en.pdf and https://www.richemont.com/media/3vwfatyf/richemont-non-financial-report-2025.pdf. Hard copies will be mailed to parties who have requested it and may also be obtained from the Company’s registered office at the address below or by contacting the Company via the website at www.richemont.com/about-us/contact-us.

In South Africa, the Annual Report and Non-Financial Report may be obtained directly from the Depository Agent at the following address: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, Johannesburg, 2196, South Africa.

About Richemont

At Richemont, we craft the future. Our unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont’s ambition is to nurture its Maisons and businesses and enable them to grow and prosper in a responsible, sustainable manner over the long term.

Richemont operates in three business areas: Jewellery Maisons with Buccellati, Cartier, Van Cleef & Arpels and Vhernier; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, Chloé, Delvaux, dunhill, G/FORE, Gianvito Rossi, Montblanc, Peter Millar, Purdey, Serapian as well as Watchfinder & Co. Find out more at https://www.richemont.com/.

Richemont A shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks. Richemont A shares are listed on the Johannesburg Stock Exchange, Richemont’s secondary listing.

Investor/analyst and media enquiries
+41 22 721 3003 (investor relations)
Investor.relations@cfrinfo.net
+41 22 721 3507 (media)
pressoffice@cfrinfo.net
richemont@teneo.com

Click here for a printer-friendly version in English (PDF)

The MIL Network –

June 5, 2025
MIL-OSI: IDEX Biometrics ASA: Last day of the subscription period in the subsequent offering

Source: GlobeNewswire (MIL-OSI)

Reference is made to the stock exchange notice from IDEX Biometrics ASA on 21 May 2025 regarding the subscription period (the “Subscription Period”) in the subsequent offering (the “Subsequent Offering”) consisting of up to 600 million new shares at a subscription price of NOK 0.01 per share (“Offer Shares”).

The Subscription Period will end today, 5 June 2025, at 16:30 CET.

This Subsequent Offering is conducted to give the shareholders not participating in the debt conversion on 11 April 2025 an opportunity to subscribe for Offer Shares at a subscription price per share equal to the subscription price in the debt conversion.

Completed subscription forms must be received by Arctic Securities AS, or, in the case of online subscriptions, be registered by the expiry of the Subscription Period. Subscription rights that are not used to subscribe for Offer Shares in the Subsequent Offering before the expiry of the Subscription Period will have no value and will lapse without compensation to the holder.

Further information about the Subsequent Offering and the subscription procedures is included in the prospectus prepared in respect of the Subsequent Offering, which is available at

www.arctic.com/offerings/ecm/2025/idex-biometrics-asa-subsequent-offering

Arctic Securities AS is acting as manager in connection with the Subsequent Offering.

Kristian Flaten, CFO, +47 95092322

E-mail: ir@idexbiometrics.com

About IDEX Biometrics:

IDEX Biometrics ASA (IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com

About this notice:

This notice was issued by Kristian Flaten, CFO, on 5 June 2025 at 08:15 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 5-8 of the Norwegian Securities Trading Act (STA) and released in accordance with section 5-12 of the STA.

The MIL Network –

June 5, 2025

MIL-OSI: The last day of trading in unit rights in Terranet’s rights issue

Source: GlobeNewswire (MIL-OSI)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Today, June 5, 2025, is the last day of trading in unit rights issued in connection with Terranet AB’s (“Terranet” or the “Company”) rights issue of units which the Board of Directors resolved on April 16, 2025, and was approved by the annual general meeting on May 23, 2025 (the “Rights Issue”). Unit rights that are not sold or used for subscription will expire worthless.

Summary of the Rights Issue:

The Rights Issue comprises a maximum of 13,880,714 units. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge.
The subscription price per unit in the Rights Issue is SEK 1.08 per unit, corresponding to SEK 0.09 per B-share. Upon full subscription, the Rights Issue will provide Terranet with approximately SEK 15 million before deduction of issue costs.
The right to subscribe for units in the Rights Issue shall, with preferential rights, be granted to shareholders in proportion to the number of shares they already own, where one (1) existing share entitles the holder to one (1) unit right, and eighty-six (86) unit rights entitle the holder to subscribe for one (1) unit.
The last day of trading in Terranet’s B-shares including the right to receive unit rights in the Rights Issue was April 25, 2025. The B-shares will be traded excluding the right to receive unit rights from April 28, 2025.
The subscription period for the Rights Issue runs from May 27, 2025, up to and including June 11, 2025.
The Rights Issue is covered by subscription commitments of approximately SEK 35.2 thousand, corresponding to 0.2 percent of the Rights Issue, and underwriting commitments of approximately SEK 15 million, corresponding to approximately 99.8 percent of the Rights Issue. Thus, the Rights Issue is covered to 100 percent by subscription commitments and underwriting commitments.

Preliminary timetable for the Rights Issue

May 27, 2025 – June 5, 2025	Trading in unit rights
May 27, 2025 – June 11, 2025	Subscripition period
May 27, 2025 – June 30, 2025	Trading in paid subscribed units (BTU)
June 13, 2025	Preliminary date for publication of the outcome in the Rights Issue

Advisers
Mangold Fondkommission AB is the financial advisor to Terranet in connection with the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Rights Issue.

For more information, please contact:
Dan Wahrenberg, CFO
E-mail: dan.wahrenberg@terranet.se

About Terranet AB (publ)

Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B).

Follow our journey at: www.terranet.se

Certified Adviser to Terranet is Mangold Fondkommission AB.

Important information
The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Terranet in any jurisdiction, neither from Terranet nor anyone else.

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

Attachment

Press release – Last day for trading UR

The MIL Network –

June 5, 2025

MIL-OSI: valantic FSA names Holger Wohlenberg as new CEO
Source: GlobeNewswire (MIL-OSI)

Frankfurt, Germany, June 05, 2025 (GLOBE NEWSWIRE) — valantic FSA, a leading provider of digital automation solutions for the financial industry, has appointed Dr. Holger Wohlenberg as Chief Executive Officer, effective June 1, 2025.

Dr. Wohlenberg brings extensive experience at the intersection of finance, technology and data, including senior leadership roles at Deutsche Börse Group, where he was instrumental in expanding the firm’s proprietary data and technology businesses.

This appointment underscores valantic FSA’s next stage of development and growth as it further scales its presence and impact in Europe, and worldwide, supporting capital markets and financial services providers with effective end to end workflow automation and integration solutions for business-critical workflows. Dr. Wohlenberg succeeds Joachim Lauterbach who has decided to move on after ten years, having put valantic FSA firmly on the map as a multi-solution service provider with over 100 customers in 18 countries.

“I’m thrilled to join a team that combines deep industry expertise and powerful technology to deliver innovation and meaningful change in electronic trading and workflow automation.” said Holger Wohlenberg. “I look forward to building on these strong foundations, working with the valantic FSA team, our clients, and our partners, to continue to make an impact in the delivery of mission-critical financial processes.”

valantic FSA sits at the heart of digital transformation in financial services, delivering automation and integration solutions to banks, asset managers and capital markets infrastructure providers. Part of the valantic Group, valantic FSA is one of the fastest-growing financial technology solutions providers in Europe, supporting financial institutions and firms across the continent – and worldwide – to enhance the productivity of capital markets, electronic trading, payments and core banking workflows.

Holger von Daniels, valantic Group CEO, commented: “We’re excited to welcome Holger Wohlenberg to valantic. His strategic insight and extensive experience scaling technology-led businesses will help drive the next phase of scale and growth at FSA. We would like to thank the outgoing CEO Joachim Lauterbach for his energy, leadership and vision in establishing strong foundations for our continuing success as a trusted partner in financial services automation.”

Dr. Wohlenberg’s appointment comes at a time of unprecedented demand from financial market participants for scalable, intelligent and interoperable digital solutions to manage increasingly complex operational, regulatory and customer engagement workflows.

About valantic FSA
valantic FSA automates the trading and transaction workflows at more than 100 firms in the Financial Services industry.

Our mission is to digitize, augment and evolve the value streams within our clients. This delivers new levels of efficiency, insight, and agility so that our clients can position themselves for maximum impact today and in the future.

Our deep industry expertise is used to assemble these systems from a broad range of proven components and next generation technologies.

https://www.valantic.com/fsa

Media Contacts
Xavier Sarras 
Head of Brand and Market Development 
Xavier.Sarras@extern.fsa.valantic.com

Melanie Budden
The Realization Group
melanie.budden@therealizationgroup.com

Attachment
- Dr. Holger Wohlenberg
The MIL Network –
June 5, 2025
MIL-OSI: Planisware expands into Belgium to support the sustained growth of its business in the Benelux region
Source: GlobeNewswire (MIL-OSI)

Planisware expands into Belgium to support the sustained growth of its business in the Benelux region

Paris, France, June 5, 2025 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, continues its international expansion with the opening of a new office in Belgium.

Planisware has been present in the Benelux region for several years, through projects carried out for leading clients such as Galapagos, KLM, Philips, and Engie, and is now consolidating its position in this strategic, fast-growing market. In particular, the Group has seen a sharp increase in its business in this market, with revenue doubling over the last four years, testifying to the relevance of its expertise and the confidence of its customers.

This new location is primarily intended to strengthen proximity to Planisware’s customers and other economic players in the Benelux region (Belgium, the Netherlands and Luxembourg), a dynamic market that is home to around 1,200 target companies, nearly half of which having annual revenue in excess of one billion euros, particularly in high-growth sectors such as manufacturing (chemicals, food processing and industrial equipment), retail and financial services.

With this new location, Planisware strengthens its proximity to customers and its expertise in local challenges. With its enhanced visibility, Planisware will be able to accelerate new signatures and sustainably support the Group’s growth in the region.

Loïc Sautour, CEO of Planisware, commented: “We are proud to announce Planisware’s arrival in Belgium, which marks a key milestone in our continued expansion in Europe. It will strengthen our existing customer base while supporting our growth in the region. Over the years, we have built up a solid network of partners and customers in the Benelux, and this subsidiary is a natural fit with this dynamic. It will also create local jobs and strengthen our ties with all market players.”

“International expansion has been at the heart of our growth strategy since Planisware’s launch,” says co-founder Yves Humblot. “Today, Benelux is emerging as a key region in our roadmap: it’s an ecosystem recognized for its culture of innovation and operational excellence.”

Planisware’s new subsidiary in Belgium will be headed by Benoît Soulier (46). With over seven years’ experience in project management at Planisware, he brings solid expertise in the management of complex portfolios and projects, particularly in the pharmaceutical, industrial and public sectors. He has worked with companies such as UCB, Eurocontrol and the Walloon Public Service (SPW) in Belgium, as well as BDR Thermea in the Netherlands. Before joining Planisware, he spent four years at Sopra Group, where he contributed to the deployment of numerous complex projects. Benoît Soulier holds a degree in computer engineering from Telecom Nancy.

Contact

Investor Relations: Benoit d’Amécourt

benoit.damecourt@planisware.com
+33 6 75 51 41 47

Media: Brunswick Group
Hugues Boëton / Tristan Roquet Montégon
planisware@brunswickgroup.com
+33 6 79 99 27 15 / +33 6 37 00 52 57

About Planisware

Planisware is a leading business-to-business (“B2B”) provider of Software-as-a-Service (“SaaS”) in the rapidly growing Project Economy. Planisware’s mission is to provide solutions that help organizations transform how they strategize, plan and deliver their projects, project portfolios, programs and products.

With circa 750 employees across 18 offices, Planisware operates at significant scale serving around 600 organizational clients in a wide range of verticals and functions across more than 30 countries worldwide. Planisware’s clients include large international companies, medium-sized businesses and public sector entities.

Planisware is listed on the regulated market of Euronext Paris (Compartment A, ISIN code FR001400PFU4, ticker symbol “PLNW”).

For more information, visit planisware.com and connect with Planisware on LinkedIn.

Attachment
- Planisware expands into Belgium to support the sustained growth of its business in the Benelux region
The MIL Network –
June 5, 2025
MIL-OSI: Point and Funds Managed by Blue Owl Capital Close Oversubscribed $248 Million Home Equity Investment Rated Securitization

Source: GlobeNewswire (MIL-OSI)

Palo Alto, California, June 05, 2025 (GLOBE NEWSWIRE) — Point, the leading home equity investment platform making homeownership more valuable and accessible, and funds managed by Blue Owl Capital (“Blue Owl”) announced today that they have completed a rated securitization of Point’s Home Equity Investment (“HEI”) assets, issuing $248.6 million of rated asset-backed securities (the “Transaction”). The Transaction is Point’s fourth rated securitization and fifth overall.

The Transaction closed on May 23, 2025. The issuer, Point Securitization Trust 2025-1, issued $162.2 million of senior class A-1 securities rated A (low) (sf), $35 million of mezzanine class A-2 securities rated BBB (low) (sf), $28.3 million of subordinate class B-1 securities rated BB (low) (sf), and $23.1 million of subordinate class B-2 securities rated B (high) (sf) (retained), all rated by Morningstar DBRS. A portion of the notes were acquired by accounts managed by an affiliate of Blue Owl. The Transaction drew significant interest from both new and repeat institutional investors, resulting in the Transaction being more than 8x oversubscribed. Co-sponsoring the Transaction with a subsidiary of Blue Owl, Point was the originator of all the HEIs in the securitization and will continue to service the assets.

“This past year has been transformative—for Point and for the entire HEI space,” said Eddie Lim, co-founder and CEO of Point. “Investor demand has never been stronger, and the performance of our deals continues to outperform expectations. Our latest securitization was met with overwhelming enthusiasm, reinforcing that HEIs aren’t just gaining traction—they’re reshaping how homeowners access equity. We’re just scratching the surface of what’s possible.”

Over the past 18 months, the rated securitization space for HEIs has entered a new phase of maturation. With multiple HEI-backed deals successfully rated, the asset class is seeing increased institutional recognition and investor confidence, with issuance volume doubling and the number of transactions tripling in 2024 alone^[1]. According to Finsight^[2], HEI-backed deals totaled $936 million across five transactions last year—up significantly from prior years. These transactions have helped set important benchmarks for credit quality, structure, and performance, signaling a shift from emerging to established within the alternative housing finance landscape.

“The Blue Owl Alternative Credit team and Point have a longstanding relationship dating back to 2018, and we are excited to continue our partnership with the Point team,” said Ivan Zinn, Head of Alternative Credit at Blue Owl. “This marks the second Point transaction that Blue Owl has co-sponsored, and we look forward to doing many more together. The success of this transaction is a testament to the Point platform and validates the thesis that HEIs will continue to be a growing asset class.”

Barclays Capital Inc. (“Barclays”) was the sole-structuring agent for the issuance. Barclays, Citigroup Global Markets Inc., and Nomura Securities International Inc. were joint bookrunners on the Transaction, and East West Markets, LLC and Cantor Fitzgerald & Co. were co-managers on the Transaction.

About Point

Point is the leading home equity platform making homeownership more valuable and accessible. Point’s flagship product, the Home Equity Investment (HEI), empowers homeowners to unlock their equity to eliminate debt, get through periods of financial hardship, and diversify their wealth – without adding to their monthly expenses. Point has worked with more than 15,000 homeowners, unlocking more than $1.5 billion in home equity. Point’s HEI enables investors to access a previously untapped asset class – owner-occupied residential real estate. Founded in 2015 by Eddie Lim, Eoin Matthews, and Alex Rampell, Point is backed by top investors, including Westcap, Andreessen Horowitz, Ribbit Capital, Greylock Partners, Bloomberg Beta, Blue Owl Capital, Alpaca VC, and Prudential. The company is headquartered in Palo Alto, CA. For more information, please visit www.point.com

Blue Owl Capital
About Blue Owl: Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With $273 billion in assets under management as of March 31, 2025, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,200 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

^[1] Source: https://www.hel.news/articles/mbs/q4-issuance-010225

^[2] Source:

https://www.globalcapital.com/securitization/article/2egjdeyqx5732y19mm8sg/securitization/rmbs-us/hei-nears-tipping-point-as-investors-warm-on-sector?

The MIL Network –

June 5, 2025
MIL-OSI: ORGANON SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Organon & Co. – OGN

Source: GlobeNewswire (MIL-OSI)

NEW ORLEANS, June 04, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until July 22, 2025 to file lead plaintiff applications in a securities class action lawsuit against Organon & Co. (NYSE: OGN), if they purchased the Company’s securities between October 31, 2024 and April 30, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of New Jersey.

Get Help

Organon investors should visit us at https://claimsfiler.com/cases/nyse-ogn/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

Organon and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On March 10, 2025, pre-market, the Company announced its financial results for the first quarter of 2025, disclosing, among other things, that management had reset the Company’s dividend payout, from $0.28 to $0.02, contradicting its prior statements assuring investors that the regular quarterly dividend was a number one priority and that the Company was committed to its capital allocation strategy through the aforementioned dividend. On this news, the price of Organon’s shares fell more than 27%, from a closing market price of $12.93 per share on April 30, 2025, to $9.45 per share on May 1, 2025.

The case is Hauser V. Organon & Co., et al., No. 25-cv-05322.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

The MIL Network –

June 5, 2025
MIL-OSI: Arctic Wolf Expands into Singapore to Meet Rising Demand for AI-Powered Security Operations
Source: GlobeNewswire (MIL-OSI)

EDEN PRAIRIE, Minn., June 04, 2025 (GLOBE NEWSWIRE) — Arctic Wolf^®, a global leader in security operations, today announced its official launch in Singapore, marking the latest milestone in its ongoing expansion across the Asia-Pacific region. Trusted by more than 10,000 organisations worldwide, Arctic Wolf is transforming how businesses manage cybersecurity by delivering scalable, outcome-driven solutions through its Aurora Platform and Concierge Delivery Model. With today’s launch, organisations in Singapore can now access the company’s full suite of capabilities including Aurora Endpoint Security, Managed Detection and Response, Managed Risk, Managed Security Awareness, and Incident Response.

“As organisations struggle with the challenges of the modern threat landscape, we continue to see strong customer demand across the globe for the Arctic Wolf Aurora Platform and the positive cybersecurity outcomes it delivers,” said Nick Schneider, president and CEO, Arctic Wolf. “We are excited to bring our portfolio of Security Operations solutions to the business and channel communities of Singapore and look forward to working with them to help end cyber risk.”

Organisations in Singapore face a perfect storm of cybersecurity challenges, including a rapidly evolving threat landscape, increased regulatory scrutiny, and an ongoing shortage of skilled security professionals. Arctic Wolf helps businesses of all sizes tackle these problems head on by offering a unified, cloud-native platform that pairs AI-driven threat detection with expert guidance and 24×7 monitoring from one of the world’s largest commercial Security Operations Centers.

Arctic Wolf’s partner-first go-to-market model has made it the cybersecurity partner of choice for more than 2,200 solution providers globally, including Ingram Micro, its inaugural distributor in Singapore. Designed to help resellers lead with value, Arctic Wolf’s award-winning channel program equips partners with differentiated offerings, predictable revenue opportunities, and the support needed to grow their security practice. Together with Ingram Micro, Arctic Wolf is delivering modern security operations that help customers reduce risk and improve outcomes at every stage of their cybersecurity journey.

“Arctic Wolf and its portfolio of security operations solutions are the ideal fit for our customers looking to improve their security outcomes across the entire cybersecurity framework. Recent high profile security breaches in Singapore have brought security conversations to be front of mind for executives and employees alike across the country. We are proud to be their first distributor in the Singapore region and be able to bring robust security solutions to our clients,” said Eunice Lau, executive managing director, Singapore, Ingram Micro.

Singapore Trends Highlight Urgent Security Challenges

Coinciding with the company’s Singapore launch, Arctic Wolf also released new data from its State of Cybersecurity: 2025 Trends Report, offering Singapore-specific insights into the evolving threat landscape. The findings reveal that artificial intelligence (AI) outranks ransomware as the top concern for IT and security leaders in Singapore, signalling a shift in how organisations perceive and prioritize cyber risk. As emerging technologies introduce new vulnerabilities and attack vectors, the need for effective security operations has never been more critical—helping organisations detect threats earlier, respond faster, and build long-term resilience.

Other key findings for Singapore include:
- Breaches are Common and Transparency is Improving: 70% of businesses disclosed a breach in the past year as they were required to by law, while 23% did so due to requirements from their insurer or an outside entity. This indicates strong regulatory compliance and incident transparency in the country.
- Significant Attacks Remain Widespread: Malware and business email compromise were the most used methods followed by ransomware and/or data exfiltration.
- Complexities exist in current cybersecurity stacks: While respondents are satisfied with the firewall and Network Traffic Analysis (NTA) components of their security stacks, 57% cited difficult implementations as a complexity along with lack of efficacy (33%).
“The findings from our 2025 Trends Report make it clear that organisations in Singapore are under growing pressure to advance their cybersecurity maturity,” said David Hayes, Director APAC, Arctic Wolf. “From managing AI-driven risks to navigating breach disclosure and responding to ransomware, businesses need more than just point solutions, they need a partner with the breadth and expertise to drive meaningful outcomes. We’re excited to officially launch in Singapore and bring our full portfolio of security operations capabilities to help organisations reduce risk, strengthen resilience, and accelerate their security maturity.”

For additional global insights from Arctic Wolf’s State of Cybersecurity: 2025 Trends Report, visit arcticwolf.com.

Additional Resources:

About Arctic Wolf
Arctic Wolf^® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

To learn more about Arctic Wolf, visit www.arcticwolf.com.

Press Contact:
megan.archbold@arcticwolf.com

© 2025 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc.

The MIL Network –
June 5, 2025
MIL-OSI: RED CAT SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Red Cat Holdings, Inc. – RCAT

Source: GlobeNewswire (MIL-OSI)

NEW ORLEANS, June 04, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until July 22, 2025 to file lead plaintiff applications in a securities class action lawsuit against Red Cat Holdings, Inc. (NasdaqCM: RCAT), if they purchased the Company’s securities between March 18, 2022 and January 15, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of New Jersey.

Get Help

Red Cat investors should visit us at https://claimsfiler.com/cases/nasdaq-rcat/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

Red Cat and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On January 16, 2025, Kerrisdale Capital reported that the Company had overstated the value of its SRR Contract, which was only worth approximately $20 million to $25 million based on U.S. Army budget documents, and that the Company had been misleading investors about the production capacity of its Salt Lake City Facility for years, while also raising concerns about the timing of executive departures and insider transactions that took place shortly after Red Cat announced it had won the SRR Contract.

On this news, the price of Red Cat’s shares fell $2.35 per share, or 21.54%, over the following two trading sessions, to close at $8.56 per share on January 17, 2025.

The case is Olsen v. Red Cat Holdings, Inc., No. 25-cv-05427.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

The MIL Network –

June 5, 2025
MIL-OSI: BitMine Immersion Technologies, Inc. Announces $18 Million Public Offering and Uplisting to NYSE American

Source: GlobeNewswire (MIL-OSI)

LAS VEGAS, June 04, 2025 (GLOBE NEWSWIRE) — BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of bitcoin for long-term investment, whether acquired by their bitcoin mining operations or from the proceeds of capital raising transactions, today announced the pricing of an underwritten public offering of 2,250,000 shares of its common stock at a price to the public of $8.00 per share, for gross proceeds of $18 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 337,500 shares of common stock to cover over-allotments, if any. The offering is expected to close on June 6, 2025 subject to satisfaction of customary closing conditions.

The Company also announced today that its common stock has been approved for listing on the NYSE American LLC stock exchange (“NYSE American”). Trading on NYSE American is expected to commence on June 5, 2025 under the trading symbol “BMNR.” Prices for the Company’s common stock will cease being quoted on the OTC Markets’ OTCQX Best Market concurrent with the NYSE American listing. Current stockholders of the Company do not need to take any action as a result of the uplisting.

The Company intends to use the net proceeds of the offering to purchase bitcoin.

ThinkEquity is acting as sole book-running manager for the offering.

A registration statement on Form S-1 (File No. 333-284361) relating to the shares was filed with the Securities and Exchange Commission (“SEC”) and became effective on June 4, 2025. This offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from ThinkEquity, 17 State Street, 41^st Floor, New York, New York 10004. The final prospectus will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About BitMine:
BitMine is a Bitcoin Network Company, with a focus on Bitcoin mining, Synthetic Bitcoin Mining through involvement in Bitcoin mining hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

Forward Looking Statements:
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding the offering, the expected proceeds from such offering, the expected use of proceeds from such offering, the expected start of trading on the NYSE American and the expected closing date of the offering. In evaluating these forward-looking statements, you should consider various factors, including our ability to keep pace with new technology and changing market needs; our ability to finance our current business and proposed future business; and the competitive environment of our business, as well as the performance of the stock market in general. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as any other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

BitMine Immersion Technologies Contact:
Jonathan Bates, Chairman and CEO
info@bitminetech.io

The MIL Network –

June 5, 2025
MIL-OSI: SPEC Resumes Global Collaboration with Companies on U.S. BIS Entity List

Source: GlobeNewswire (MIL-OSI)

GAINESVILLE, Va., June 04, 2025 (GLOBE NEWSWIRE) — Standard Performance Evaluation Corp. (SPEC), the trusted leader in computing benchmarks, announced today that SPEC International Standards Group (ISG) successfully advocated that the United States clarify export policies to allow companies on the Bureau of Industry and Security (BIS) Entity List to participate in creating standards. SPEC ISG invites the return of member companies excluded from collaborating due to policy reasons, bringing together the strength of industry, academia, and research from all over the world to cooperate on future computing energy efficiency standards.

A few years ago, in order to ensure the safe application of 5G technology, the US government stipulated that US agencies should not cooperate with companies on the BIS Entity List. This ban was never intended to restrict the development of global standards. However, due to the overly strict definition of the term “standard” in the original exemption clause of BIS, the SPEC SERT suite was classified as a restricted technology, which prevented SPEC (an international standards organization with 12 Chinese member companies) from continuing to develop standards with its members on the Entity List.

Harmonized standards are best suited to consistent design and regulatory requirements, resulting in significant cost reduction for manufacturers to meet additional benchmark requirements worldwide.

SPEC President David Reiner said: “Restricting companies on the Entity List from participating in the development of energy efficiency benchmarks risks dividing the global standards process, negating the primary goal of standardization. Through years of hard work, in collaboration with other international organizations, we are pleased to have successfully promoted changes to U.S. policies to remove the unintended restrictions on the development of international standardized benchmarks.”

SPEC successfully advocated changes to U.S. rules

In 2020, the U.S. Department of Commerce’s BIS changed its rules to allow U.S. companies to work in standards organizations to ensure U.S. proposals take full account of international standards that underlie product development and interoperability. While this was an important milestone, the change did not allow SPEC to invite Entity List businesses that were among its former members to re-join, nor to invite other entities on the Entity List to join. In response, SPEC took a series of actions to advocate for the revision of relevant U.S. laws and to promote international technology exchanges and innovation. As part of these efforts, SPEC created the International Standards Group (ISG), specifically designed to comply with the updated BIS requirements and provide a clear separation between SPEC’s international standards work and other SPEC projects.

As a result of SPEC’s successful efforts, BIS improved regulations in late 2022. Under the final regulations, organizations on the BIS Entity List are no longer restricted from licensing, obtaining updates, or participating in the development of the SPEC SERT Suite within the SPEC ISG. These standards development activities related to the implementation, promulgation, or maintenance of the ISO/IEC 21836:2020 standard qualify for the BIS updated standards-related activities exemption. As a result, BIS listed entities are now able to obtain SPEC SERT Suite licenses, updates, and membership status in the SPEC ISG Server Efficiency Committee.

The return of excluded members is critical because it will enable SPEC to continue to promote effective global standardized benchmarks and apply them to government energy efficiency regulations. The successful adoption of SPEC SERT suites by government regulations such as China National Institute of Standardization, EU Lot9 Ecodesign, Japan’s Ministry of Economy, Trade and Industry, and the U.S. EPA Energy Star is critical to SPEC’s efforts to promote sustainable technology development around the world. For example, computer servers that are ENERGY STAR certified are, on average, about 38% more energy efficient than standard servers. This means that if all computer servers sold in the United States were ENERGY STAR certified, end users would save more than $4 billion per year.

The next-generation energy efficiency rating tool is currently under development by the SPEC ISG Server Committee, which includes representatives from Ampere, AMD, Dell, HPE, IBM, Intel, IEIT, Microsoft, Nvidia, and the University of Würzburg. The SERT 3 Suite utilizes the SPECpower Committee’s innovative modular architecture, allowing streamlined integration of the latest versions of the Chauffeur benchmark harness and the PTDaemon Interface, which are also utilized by other SPEC benchmarks. This modular design reduces the time required for developing future workloads, adding new architectures, and supporting new power analyzers and temperature sensors.

Klaus-Dieter Lange, Chair of SPEC ISG, said: “We are pleased that SPEC was able to successfully work with the U.S. Department of Commerce to find a solution to this critical issue. We welcome the world’s innovative companies to join in the development of the next-generation SPEC SERT Suite, which will enable governments and businesses to more effectively achieve sustainable development and carbon emission reduction goals.”

About SPEC
SPEC is a non-profit organization that establishes, maintains and endorses standardized benchmarks and tools to evaluate performance for the newest generation of computing systems. Its membership comprises more than 120 leading computer hardware and software vendors, educational institutions, research organizations and government agencies worldwide.

Media contact:
Brigit Valencia
360.597.4516
brigit@compel-pr.com

Images available upon request.

SPEC® and SERT® are trademarks of the Standard Performance Evaluation Corporation. All other product and company names herein may be trademarks of their registered owners.

The MIL Network –

June 5, 2025
MIL-OSI: James Altucher: “America Just Hit the AI Reset Button”

Source: GlobeNewswire (MIL-OSI)

BALTIMORE, June 04, 2025 (GLOBE NEWSWIRE) — In a new briefing, tech entrepreneur and bestselling author James Altucher reveals a development he says will “change America forever.”

At the center of it is Project Colossus — a classified supercomputer initiative led by Elon Musk’s xAI — and backed by sweeping support from President Donald Trump.

A Presidential Reversal with Massive Implications

Altucher says the shift began with one of Trump’s first presidential actions in 2025.

“In one of his FIRST acts as President… Donald Trump overturned Executive Order #14110.”

This decision reversed Biden-era restrictions on AI research, which Altucher claims had “prevented us from unleashing its true power.”

“Trump also announced the LARGEST AI investment in history… Stargate… a massive, AI data center and infrastructure project.”

Hidden Inside a Warehouse in Memphis

Altucher’s report reveals a facility in Tennessee that, until now, has gone largely unnoticed.

“Right here, inside this warehouse in Memphis, Tennessee… lies a massive supercomputer Musk calls ‘Project Colossus.’”

“It contains not just one or two… but 200,000 units of Nvidia’s all-powerful AI chips… making it the most advanced AI facility known to man.”

“The fastest supercomputer on the planet.” — Jensen Huang, Nvidia CEO

July 1: “When It All Changes”

According to Altucher, time is short. A critical update to Colossus is imminent.

“That’s when I predict Elon could announce a major update to this new AI project. One that some say will essentially 10X its power – overnight.”

Altucher refers to this moment as a “second wave” of AI — what he calls:

“Artificial Superintelligence.”

“This second wave… will rival all of the great innovations of the past. Electricity… the wheel… even the discovery of fire.”

A Warning… and a Milestone

Altucher closes his briefing with a quote from Vladimir Putin to stress the stakes:

“Whoever becomes the leader in this sphere will become the ruler of the world.” — Vladimir Putin

He believes Project Colossus may determine whether America leads — or falls behind — in the AI race.

About James Altucher

James Altucher is a computer scientist, entrepreneur, and bestselling author. A pioneer in AI since the 1980s, he previously worked on IBM’s Deep Blue supercomputer and developed early AI trading systems on Wall Street. His latest research uncovers critical breakthroughs in AI infrastructure and the political forces accelerating its rise.

Media Contact:
Derek Warren
Public Relations Manager
Paradigm Press Group
Email: dwarren@paradigmpressgroup.com

The MIL Network –

June 5, 2025
MIL-OSI: ETF Approval Sparks Institutional Mining Rush, PAIRMiner Scales Up
Source: GlobeNewswire (MIL-OSI)

LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) — More offline retail inverter community can now participate in the mining economy without the hassle of hardware or technical knowledge using PAIRMiner, a UK-regulated cloud mining platform, as Bitcoin experiences a surge driven by growing institutional adoption and recent approval of spot Bitcoin ETFs.

Founded in 2009, PAIRMiner offers users remote access to hash power for mining Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other cryptocurrencies. Interest in the platform sharply rose in early June 2025, coinciding with broader market enthusiasm following regulatory breakthroughs that have brought institutional investors more deeply into the crypto ecosystem.

Institutional Momentum Reshapes the Crypto Industry

The trajectory of Bitcoin in 2025 has been greatly influenced by several notable measures enacted by various authorities and organizations. This year, certain regions, including parts of the US and Europe, approved spot Bitcoin Exchange-Traded Funds (ETFs), allowing direct investment in Bitcoin via standard brokerage accounts. This has significantly expanded market participation by pension funds, asset managers, and sovereign wealth funds.

“The approval of spot ETFs has not only validated Bitcoin’s role as an asset class but also created structural demand from institutions that were previously hesitant due to regulatory uncertainties,” said Heindrova, spokesperson for PAIRMiner. “ Individual investors are now looking for efficient and straightforward methods to be involved with the digital asset economy, particularly through mining, as this change is streaming down to retail. “

These developments have also led to a tightening of available Bitcoin supply, increasing the attractiveness of mining as a method of accumulation.PAIRMiner serves as a connection between the changing institutional environment and personal involvement, providing a secure, cloud-based platform for mining cryptocurrencies without the need to own physical mining rigs.

Regulated, Accessible, and Built for All Investors

Recognized by the UK Financial Conduct Authority (FCA), PAIRMiner presents a compliant and clear entry point into the world of crypto mining for all investors. Its platform is designed for both beginners and seasoned crypto users and provides access to mining services without the need for capital-intensive hardware or ongoing maintenance.

Fundamental highlights of the platform include:
- $150 Free Cloud Hashrate Credit: New users get a free allocation to start mining right away, and every new user qualifies for a free allocation.
- Unique Mining Contracts: A range of flexible options suitable to cater to different financial plans and levels of risks.
- Instant Income Tracking: An easy-to-use dashboard that helps users to efficiently manage and adjust their passive income approach.
- Secure and Safe Withdrawals: Users can withdraw their profits at any time, fully supported by platform transparency and fund control.
Market Sentiment Turns Positive

Bitcoin trading above major support levels and spot ETF inflows reaching record levels, PAIRMiner has noticed a jump in activity on its platform. The company reveals a 40% surge in registrations since the beginning of Q2 2025, more users have chosen to go with short-term mining contracts that are delivering daily consistent rewards to them.

The change mirrors the whole crypto space’s upbeat mood. From hedge funds redistributing portfolios to retail investors looking for alternative to dormant savings accounts, digital asset is again the leading financial innovation—the mining is still one of the few ways to get crypto directly.

Forward Outlook

While PAIRMiner stays in its three-dimensional growth and innovation on user-core mining features, it keeps on the path of supporting safe and scalable participation. The platform’s clear operation and FCA compliance put it at the very centre of the game, helping it to satisfy the newcomers and well-experienced investors in the market of rapid maturity.

To get more details or check out contract options, visit https://pairminer.com/

Media Contact:
Agnes Heindrova
PR Manager
Email: agnes@pairminer.com
Web: https://pairminer.com

Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations.Cryptocurrency involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions a Pairminer.com and associated parties are not liable for any financial loss incurred.

Attachment

The MIL Network –
June 5, 2025
MIL-OSI: Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency

Source: GlobeNewswire (MIL-OSI)

COOTAMUNDRA, Australia, June 04, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, announced that it has received written notification from the Nasdaq Stock Market LLC (“Nasdaq”) on May 27, 2025 stating that the Company was delinquent in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2025. The Company previously filed a Form 12b-25 with the U.S. Securities and Exchange Commission on May 14, 2025, disclosing that it was unable to file the Form 10-Q within the prescribed time period without unreasonable effort or expense. The Nasdaq Letter provided that under Nasdaq rules, the Company has 60 calendar days to submit a plan to regain compliance with respect to the Delinquent Filing.

The Company has filed its Quarterly Report on Form 10-Q for the period ended March 31, 2025 on May 30, 2025, thereby regaining compliance with its filing obligation, which eliminates the need for the Company to submit a formal plan to regain compliance.

About Australian Oilseeds Holdings Limited. Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) through its subsidiaries, including Australian Oilseeds Investments Pty Ltd., an Australian proprietary company, tis focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K for June 30, 2024 and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

Contact
Australian Oilseeds Holdings Limited
126-142 Cowcumbla Street
Cootamundra New South Wales 2590
Attn: Amarjeet Singh, CFO
Email: amarjeet.s@energreennutrition.com.au

Investor Relations Contact
Reed Anderson
(646) 277-1260
reed.anderson@icrinc.com

The MIL Network –

June 5, 2025
MIL-OSI: Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes

Source: GlobeNewswire (MIL-OSI)

HOUSTON, June 04, 2025 (GLOBE NEWSWIRE) — Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 4.900% Senior Notes due 2030 and $750 million aggregate principal amount of its 5.650% Senior Notes due 2036 at a price to the public of 99.870% and 99.700% of their face value, respectively. The Offering is expected to close on June 18, 2025, subject to the satisfaction of customary closing conditions.

The Company expects to use a portion of the net proceeds from the Offering to redeem the 6.500% Senior Notes due 2027 (the “2027 Notes”) issued by Targa Resources Partners LP and to use the remaining net proceeds for general corporate purposes, including to repay borrowings under its unsecured commercial paper note program, to repay other indebtedness, to repurchase or redeem securities or to fund capital expenditures, additions to working capital or investments in its subsidiaries.

This Offering is being made pursuant to an effective shelf registration statement and prospectus filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) and may be made only by means of a prospectus and prospectus supplement related to such Offering meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the “Securities Act”). This announcement shall not constitute an offer to sell or a solicitation of an offer to buy any of these securities, except as required by law.

About Targa Resources Corp.

Targa Resources Corp. (NYSE: TRGP) is a leading provider of midstream services and is one of the largest independent infrastructure companies in North America. The Company owns, operates, acquires, and develops a diversified portfolio of complementary domestic infrastructure assets and its operations are critical to the efficient, safe and reliable delivery of energy across the United States and increasingly to the world. The Company’s assets connect natural gas and natural gas liquids (“NGL(s)”) to domestic and international markets with growing demand for cleaner fuels and feedstocks. The Company is primarily engaged in the business of: gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling NGLs and NGL products, including services to liquified petroleum gas exporters; and gathering, storing, terminaling, and purchasing and selling crude oil.

The principal executive offices of Targa Resources Corp. are located at 811 Louisiana, Suite 2100, Houston, TX 77002 and its telephone number is 713-584-1000.

Forward-Looking Statements

Certain statements in this release are “forward-looking statements” within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future, are forward-looking statements, including the expected closing date and use of proceeds from the Offering, such as the redemption of the 2027 Notes. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside the Company’s control, which could cause results to differ materially from those expected by management of the Company. Such risks and uncertainties include, but are not limited to, those described more fully in the Company’s filings with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q and Current Reports on Form 8-K. The Company does not undertake an obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Targa Investor Relations
InvestorRelations@targaresources.com
(713) 584-1133

The MIL Network –

June 5, 2025
MIL-OSI: Federal Home Loan Bank of Des Moines awards $20 million to support Minnesota communities through the Member Impact Fund

Source: GlobeNewswire (MIL-OSI)

Des Moines, Iowa, June 04, 2025 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Des Moines (FHLB Des Moines) has awarded $20 million to 174 financial institution members to be distributed alongside their own grant contributions to hundreds of eligible not-for-profit and government organizations in Minnesota.

Funding was made possible through the Member Impact Fund, a matching grant program designed to amplify FHLB Des Moines member financial institutions’ donations that provide critical financial support for affordable housing and community development initiatives in targeted areas of the FHLB Des Moines district.

With 798 applications awarded, FHLB Des Moines matched $3 for every $1 contributed by a member institution. These combined grants range from $10,000 to $1,000,000.

Since its launch in 2023, the Member Impact Fund has supported affordable housing and community development with more than $70 million in grants from FHLB Des Moines, resulting in combined grants of over $95 million. Every eligible grant application has been awarded funds.

“The Member Impact Fund enables our members to directly support local organizations who matter to them, creating value and a profound impact in their own communities,” said Kris Williams, president and CEO of FHLB Des Moines. “The commitment of our members to champion their local organizations inspires us all.”

FHLB Des Moines provides funding solutions to more than 1,200 members to support mortgage lending, economic development and affordable housing in the communities they serve. Member Impact Fund awards are given in partnership with FHLB Des Moines member financial institutions to strengthen the ability of not-for-profits or government entities to serve the affordable housing or community development needs of their communities.

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About Federal Home Loan Bank of Des Moines

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) is deeply committed to strengthening communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. We work together with over 1,200 member financial institutions to support affordable housing, economic development and community improvement.

FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit www.fhlbdm.com.

The MIL Network –

June 5, 2025
MIL-OSI: Gran Tierra Energy Announces Sale of Gran Tierra North Sea Limited

Source: GlobeNewswire (MIL-OSI)

CALGARY, Alberta , June 04, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that a wholly owned subsidiary of the Company has signed an agreement to sell its wholly owned subsidiary, Gran Tierra North Sea Limited (“GTNSL”), to NEO Energy for total consideration of US$7.5 Million. NEO Energy is a private upstream company and a leading independent operator in the United Kingdom Continental Shelf.

GTNSL holds a 100% equity interest in UKCS licence P2358 which includes the Serenity Discovery.

Completion of the transaction is subject to certain customary conditions precedent, including consent from the North Sea Transition Authority in respect of the change of control of GTNSL. The transaction is expected to close sometime in the third quarter of 2025.

About Gran Tierra Energy Inc.

Gran Tierra Energy Inc., together with its subsidiaries, is an independent international energy company currently focused on oil and natural gas exploration and production in Canada, Colombia and Ecuador. The Company is currently developing its existing portfolio of assets in Canada, Colombia and Ecuador and will continue to pursue additional new growth opportunities that would further strengthen the Company’s portfolio. The Company’s common stock trades on the NYSE American, the Toronto Stock Exchange and the London Stock Exchange under the ticker symbol GTE. Additional information concerning Gran Tierra is available at www.grantierra.com. Except to the extent expressly stated otherwise, information on the Company’s website or accessible from our website or any other website is not incorporated by reference into and should not be considered part of this press release. Investor inquiries may be directed to info@grantierra.com or (403) 265-3221.

Gran Tierra’s filings with the U.S. Securities and Exchange Commission (the “SEC”) are available on the SEC website at http://www.sec.gov. The Company’s Canadian securities regulatory filings are available on SEDAR+ at http://www.sedarplus.ca and UK regulatory filings are available on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Contact Information

For investor and media inquiries please contact:

Gary Guidry
President & Chief Executive Officer

Ryan Ellson
Executive Vice President & Chief Financial Officer

+1-403-265-3221

info@grantierra.com

Forward Looking Statements and Legal Advisories:

This press release contains statements about future events that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and financial outlook and forward looking information within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). All statements other than statements of historical facts included in this press release, including those statements preceded by, followed by or that otherwise include the words “expect,” “plan,” “can,” “will,” “should,” and “believes,” derivations thereof and similar terms identify forward-looking statements. Among the important factors that could cause our actual results to differ materially from the forward-looking statements in this press release include, but are not limited to the risk factors detailed from time to time in Gran Tierra’s periodic reports filed with the Securities and Exchange Commission, including, without limitation, under the caption “Risk Factors” in Gran Tierra’s Annual Report on Form 10-K for the year ended December 31, 2024 filed February 24, 2025 and its other filings with the SEC. These filings are available on the SEC website at http://www.sec.gov and on SEDAR+ at www.sedarplus.ca. All forward-looking statements are made as of the date of this press release and the fact that this press release remains available does not constitute a representation by Gran Tierra that Gran Tierra believes these forward-looking statements continue to be true as of any subsequent date. Gran Tierra disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

The MIL Network –

June 5, 2025