☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 814-00899 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 BLACKROCK TCP CAPITAL CORP. (Exact Name of Registrant as Specified in Charter) Delaware 56-2594706 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Year Ended December 31, 2025 (State or Other Jurisdiction of Incorporation) (IRS Employer Identification No.) 295 ...

(Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ___ TO ___. Commission File Number 001-38356 VYNE THERAPEUTICS INC. (Exact name of registrant as specified in its charter) Delaware 45-3757789 (S ...

Table of Contents Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Table of Contents ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1 ...

Premiums and Revenue - Gross premiums written in the insurance segment for 2025 reached $7,179,206, an increase of 8.5% from $6,615,584 in 2024 and 17% from $6,140,764 in 2023[38] - Gross premiums written in the reinsurance segment for 2025 totaled $2,465,308, reflecting an increase of 3.1% from $2,390,304 in 2024 and 11.3% from $2,215,761 in 2023[48] - Total gross premiums written across both segments for 2025 amounted to $9,644,514, up 7.1% from $9,005,888 in 2024 and 15.4% from $8,356,525 in 2023[38] Business Segments - The insurance segment's primary lines of business include Professional Lines, Property, Liability, Cyber, Marine and Aviation, and Accident and Health, catering to various niche markets globally[39][40] - The reinsurance segment provides coverage primarily through liability, professional lines, motor, accident and health, credit and surety, agriculture, and marine and aviation, with a focus on excess of loss and proportional business[44][45] Strategic Goals and Differentiation - The company aims to achieve positive differentiation in the insurance segment through underwriting expertise and customized solutions, enhancing competitive positioning[43] Investment Strategy - The investment portfolio is structured to balance increasing book value with stable investment income, focusing on liquidity to meet claims obligations[50] - A significant portion of the investment portfolio is allocated to investment-grade fixed maturities, while also diversifying into equities and alternative investments for higher potential returns[51] - The company utilizes third-party investment managers for active portfolio management, ensuring adherence to guidelines and objectives for each asset class[52] - The Finance Committee of the Board of Directors oversees the overall asset allocation and investment policy to align with the company's strategic goals[52] Regulatory Compliance and Licensing - AXIS Specialty Bermuda is a Class 4 general business insurer licensed under the Insurance Act 1978 and has reinsurance permissions in China and the Netherlands[55] - AXIS Capital's U.S. Insurance Subsidiaries are required to file detailed quarterly statutory financial statements with state insurance regulators[67] - AXIS Specialty Europe is authorized to conduct business in 16 non-life insurance classes throughout the EU and EEA[76] - AXIS Re SE is authorized to transact reinsurance throughout the EU and EEA and is subject to Solvency II[81] - AXIS Specialty Bermuda obtained reciprocal jurisdiction reinsurer status with Missouri, allowing it to avoid posting reinsurance collateral in reciprocal jurisdictions[73] - The Bermuda Monetary Authority (BMA) has granted full "equivalence" under Solvency II for Bermuda's commercial insurance sector, including Class 4 insurers[58] - AXIS Group Benefits LLC is an authorized insurance producer in all U.S. states except Hawaii, providing affordable health plans for hourly and part-time workers[70] - AXIS Specialty Europe has local regulatory permission to carry on insurance business in Jersey and has permission to write surplus lines business in all 50 U.S. states[79] - The U.S. Insurance Subsidiaries are subject to various state statutory and regulatory restrictions that limit the amount of dividends that may be paid from earned surplus without prior approval[68] - AXIS Specialty Europe operates under Freedom of Establishment in Belgium through its branch established in this jurisdiction[78] - AXIS Managing Agency Ltd. is authorized to manage Syndicate 1686 and Syndicate 2050, which commenced underwriting on April 1, 2024[88] - AXIS Corporate Capital UK II Limited provides 100% capital support to Syndicate 1686 starting January 1, 2025, up from 30% previously[93] Workforce and Talent Management - The number of employees at AXIS increased by approximately 5% in 2025, totaling 1,966 employees, with a voluntary turnover rate of 9.6% compared to 11.9% in 2024[114] - The company has a robust talent and succession planning process, conducting annual talent reviews focusing on high-performing and diverse talent[113] - AXIS offers a total rewards program designed to attract and retain top talent, including market competitive salaries and long-term incentives such as equity grants[111] Risk Management - The estimated net probable maximum loss (PML) for a Southeast U.S. hurricane event, net of reinsurance, is approximately $225 million, indicating a 1% chance of exceeding this loss annually[162] - The company has established a risk limit framework to manage natural catastrophe risks, aiming to limit capital loss from single and multiple events within a year[159] - The company employs a peer review process for underwriting risk governance, ensuring alignment with established guidelines and risk appetite[148] - The company utilizes both proportional and non-proportional reinsurance to mitigate insurance risk, with a centralized Risk Funding team overseeing treaty placements[155] - The company has a comprehensive risk governance structure, including a Risk Committee that reviews and approves the annual Own Risk and Solvency Assessment (ORSA) report[132] - The company’s risk landscape includes insurance, strategic, market, liquidity, credit, and operational risks, with ongoing assessments captured in a Risk Register[144] - The company’s Investment & Finance Committee monitors market risks and oversees the Group's investment activities, including strategic asset allocation[139] - The company has established tiered appetites for underwriting capacity based on loss scenarios and subject exposure, ensuring effective risk management[148] - The company’s operational risk framework is overseen by the Operational Risk Committee, which facilitates effective risk management practices throughout the organization[157] - The company has developed its PML estimates by combining judgment and experience with outputs from a commercially available catastrophe model, covering major peril regions with potential exposure[164] - Estimated net losses from peak zone catastrophes may change due to updates to vendor catastrophe models, changes in internal risk views, and foreign currency exchange rates[166] - The company employs a mixture of qualitative and quantitative data to assess terrorism risk, using both commercially available and bespoke modeling tools[168] - The estimation of loss reserves is subject to uncertainty, and the company follows actuarial best practices to determine these reserves[170] - The company maintains a strong claims handling process, with claims teams dedicated to main lines of business and regular reporting to senior management[172] Market and Liquidity Risks - Market risk is influenced by fluctuations in financial market prices, affecting the investment portfolio, and the company employs asset-liability management to mitigate these risks[180] - The company stress tests its investment portfolios to analyze the impact of unusual market conditions, ensuring potential losses remain within risk appetite[183] - Liquidity risk is managed through a range of policies, with liquidity generated primarily from premiums and investment income[186] - The company provides credit insurance primarily for lenders and commodity traders, requiring an evaluation of creditworthiness as part of the underwriting process[190] - Operational risk is managed through a group-wide framework, with processes in place to identify and mitigate key operational risks[196] - The capital management strategy includes early warning indicators to raise capital or amend business plans before reaching minimum requirements[199] - The company targets to hold an adequate buffer above the minimum capital required to comply with local solvency requirements[201] - Fixed maturities represent 85% of total investments and 78% of total cash and investments as of December 31, 2025, which may be adversely impacted by interest rate changes[259] - The company maintains cash and cash equivalents and high-quality liquid securities to meet expected outflows from potential extreme loss events[263] - Liquidity risk arises from the need to pay claims on extreme loss events and regulatory constraints limiting fund flow within the Group[262] - The company has access to diverse funding sources, including asset sales and external debt issuances, to cover contingencies[264] - Credit risk is heightened due to potential insolvency of third-party counterparties, impacting financial loss[265] - The company faces operational risks from inadequate processes, system failures, and human error, which could lead to financial losses[270] Cybersecurity and Regulatory Risks - Cybersecurity threats are increasing in sophistication, potentially impacting operations and data security[276] - Non-compliance with strict data protection laws could result in monetary fines and penalties that may be material[279] - The company relies on third-party service providers for technology and business process functions, which may lead to operational difficulties and increased costs if not managed effectively[280] - Regulatory risk arises from the company's failure to comply with legal, statutory, or regulatory obligations, potentially resulting in fines and penalties[281] - Non-compliance with data protection and privacy laws could lead to significant costs and adverse effects on the company's reputation and financial condition[282] - The company must navigate varying data protection laws across jurisdictions, which are increasingly scrutinized and evolving, impacting operational practices[283] - In Europe, compliance with data protection laws requires adherence regardless of the company's location, imposing obligations on processing personal data[284] - The company faces an increasing compliance burden in the U.S. as states enhance data protection regulations[285] - Investment in technical and organizational measures for data protection may incur significant costs and necessitate modifications to business practices[287] - Regulatory changes in the insurance sector, particularly in the U.K. and Bermuda, could impose higher capital requirements and governance standards[289] - The Bermuda Monetary Authority plans to change its supervisory approach, potentially increasing governance requirements for the company[290] - Regulatory authorities have broad powers to impose fines and penalties for non-compliance, which could lead to reputational damage and operational restrictions[291]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-34679 Vishay Precision Group, Inc. (Exact name of registrant as specified in its charter) incorporation or organ ...

Exhibit 99.2 Supplemental Financial Information For the quarter and year ended December 31, 2025 February 27, 2026 Supplemental Financial Information February 27, 2026 Table of Contents | Corporate Profile And Disclosures Regarding Non-GAAP Financial Measures | 2 | | --- | --- | | Comparable Corporate Financial Information | 6 | | Capitalization | 11 | | Property-Level Data And Operating Statistics | 14 | | Property-Level Revenues, Adjusted EBITDAre & Adjusted EBITDAre Margins | 19 | Supplemental Financial ...

Reserves and Production - The company has a substantial reserve base of 294.5 million tons of proven and probable reserves as of December 31, 2025, including 282.8 million tons of metallurgical reserves and 11.7 million tons of thermal reserves [59]. - In 2025, the company reduced production levels at its Jerry Fork and Black Eagle mines due to continued softness in the met coal pricing environment, particularly for U.S. High-Vol. products [61]. - The company began the development phase for its new Kingston Wildcat underground mine in 2024, expected to produce Low-Vol. quality met coal starting in Q1 2026 [61]. - In 2023, the company commenced production at its Rolling Thunder and Checkmate Powellton mines, which produce High-Vol. B quality met coal [63]. - The company operates 14 active underground mines, five active surface mines, and eight active coal preparation plants, with one underground mine, one surface mine, and one preparation plant temporarily idled [57]. - The Kepler mining complex has an active underground mine with an estimated life of 12 years, producing primarily Low-Vol. quality met coal [68]. - The Kingston/Mammoth complex includes one active underground mine and two active surface mines, with mine lives ranging from 2 to 11 years [69]. - A new Wildcat underground mine is under development at Kingston/Mammoth, expected to begin production in Q1 2026, with an estimated life of 11 years [70]. - The Marfork complex has three active underground mines and two active surface mines, with mine lives ranging from 1 to 12 years [71]. - Elk Run's underground mine began production in December 2023 but was temporarily idled in November 2024 due to market conditions [74]. - The company produced approximately 13.7 million tons of met coal in 2025, representing 20% of the U.S. met coal production [98]. - The company produced approximately 1.2 million tons of thermal coal in 2025, with 65% of thermal coal tons sold shipped internationally [99]. Financial Performance and Operations - As of December 31, 2025, met coal accounted for approximately 96% of coal revenues, while thermal coal accounted for about 4% [89]. - Approximately 60% of met coal sales volume was delivered under long-term contracts in 2025 [91]. - Rail shipments constituted approximately 89% of total coal shipments from mines in 2025 [93]. - The company has coal supply commitments with a diverse range of customers, including steel manufacturers and electric utilities, serving a global market [86]. - In Q1 2023, the company acquired coal trucks and mining equipment to enhance operational efficiency [95]. - The company has a centralized sourcing group focused on major supplier contract negotiation to lower costs and improve quality [97]. - The company recorded expenses related to the excise tax on coal sold of $3.6 million and $3.8 million for the years ended December 31, 2025 and 2024, respectively [183]. - The company expects to purchase approximately 22.0 million gallons of diesel fuel in 2026 at market rates, which may impact financial results due to fluctuating fuel costs [450]. - As of December 31, 2025, the company maintains a senior secured asset-based revolving credit facility with a borrowing capacity of up to $225.0 million, with no cash borrowings outstanding [451]. - The company had investments in trading securities of $83.9 million and $43.1 million as of December 31, 2025 and 2024, respectively, primarily consisting of U.S. government securities [452]. Regulatory and Environmental Compliance - The company faces strong competition in both the met and thermal coal markets, influenced by domestic and international demand [100][101]. - The company is subject to increasingly stringent regulatory and administrative requirements for coal mining permits, which may take months or even years to be issued [130]. - The company must comply with various environmental statutes, including the Endangered Species Act and the Clean Water Act, in addition to SMCRA [132]. - The Clean Air Act and its state analogues impose direct and indirect impacts on coal mining operations, including permitting requirements and emission control requirements for particulate matter and other pollutants [136]. - The EPA's revised National Ambient Air Quality Standards (NAAQS) for ozone pollution reduced the standard to 70 parts per billion (ppb), which may require significant additional emissions control expenditures at coal-fired power plants [137]. - The Revised Cross-State Air Pollution Rule (CSAPR) is expected to reduce NOx emissions from power plants in 12 states by 17,000 tons in 2021, providing public health and climate benefits valued at up to $2.8 billion annually from 2021 to 2040 [141]. - The company faces potential operational impacts if the attainment status of the areas in which it operates changes in the future due to stricter air quality standards [139]. - The company has been involved in litigation regarding the EPA's regulations, including challenges to the Good Neighbor Plan and the CSAPR, which may affect its operations and compliance costs [142]. - The EPA's final revised MATS rule for electric utility steam generating units (EGUs) established more stringent standards than the previous rule, with litigation ongoing in the U.S. Court of Appeals for the D.C. Circuit [146]. - The EPA's proposed rule in April 2023 aimed to strengthen and update the MATS for power plants, reflecting recent developments in control technologies [146]. - The EPA's 2020 finding that it was not "appropriate and necessary" to regulate HAP emissions from coal- and oil-fired power plants was revoked in February 2023, indicating a shift in regulatory stance [146]. - The Clean Power Plan (CPP) was replaced by the ACE Rule, which focused on reducing GHG emissions from existing coal-fired plants, but was struck down by the Court of Appeals in January 2021 [159]. - The GHG Power Plant Rule issued in May 2024 requires stringent reductions in carbon dioxide emissions from existing coal-fired plants, heavily relying on carbon capture and storage (CCS) [159]. - The EPA's proposed rule to repeal all GHG emissions standards for fossil fuel-fired power plants is expected to be finalized in the first half of 2026, which could further reduce demand for coal [159]. - The EPA's regional haze program and related regulations may lead to additional emissions restrictions, potentially accelerating coal plant closures [148]. - Global climate change initiatives are expected to continue decreasing coal-fired power plant capacity and utilization, impacting demand and prices for thermal coal [151]. - The EPA's monitoring and reporting requirements for GHG emissions from large sources, including coal-fired power plants, are part of ongoing regulatory efforts [155]. - The U.S. Congress has considered legislation to reduce GHG emissions, but no specific bill has been passed to date, while various states have enacted initiatives to phase out GHG emissions [160]. - California's new climate disclosure laws require companies with annual revenue over $1 billion to disclose scope 1, 2, and 3 GHG emissions starting in 2026 [162]. - Annual reporting of scope 1 and scope 2 GHG emissions will begin in 2026, while scope 3 emissions reporting will start in 2027 [162]. - Business entities with annual revenue exceeding $500 million must disclose climate-related financial risks by January 1, 2026, and biennially thereafter [162]. - Certain banks are limiting financing for new coal-fueled power plants, potentially reducing future global coal demand [163]. - Non-governmental organizations are campaigning to minimize coal use, which could lead to a decline in coal prices and sales [164]. - Future climate change regulations may impose additional controls on coal-fired power plants, affecting demand and pricing for coal [165]. - The Clean Water Act requires coal mining companies to obtain permits for pollutant discharges, with non-compliance leading to significant penalties [167]. - The EPA's Effluent Limitations Guidelines established federal limits on pollutants from power plants, with ongoing litigation affecting implementation timelines [173]. - The Endangered Species Act may delay mining permits and increase costs due to protections for threatened species [174]. - Legislative proposals may further regulate coal combustion residuals, potentially increasing operating costs for customers and reducing coal demand [177]. Safety and Workforce - The company achieved a Non-fatal days lost safety incident rate that was 38% better than the U.S. industry average in 2025 [111]. - Approximately 97% of the company's workforce was union-free as of December 31, 2025 [102]. - The company has implemented extensive employee training programs to address the industry shortage of skilled workers [107]. - The company collaborates with academic institutions and agencies to test new technologies for safety improvements [112]. - The company is subject to stringent health and safety regulations under the Mine Act, which could significantly affect operating costs and financial results [182]. - The final rule issued by MSHA to lower permissible exposure limits for respirable crystalline silica will require compliance by April 14, 2025, potentially increasing mining costs [183]. Liabilities and Financial Assurance - As of December 31, 2025, the company had accrued $227.4 million for reclamation liabilities and mine closures [121]. - The total amount of posted third-party surety bonds across all states where the company operates was approximately $170.0 million as of December 31, 2025, down from $182.8 million in 2024 [134]. - The company is required to replace self-bonds with surety bonds or other financial assurance mechanisms, as self-bonding may not be available for compliance with reclamation bonding obligations in the foreseeable future [135]. - The company does not have liabilities under the Coal Industry Retiree Health Benefit Act of 1992 due to prior settlements in bankruptcy [185]. - The company is evaluating the potential effects of proposed rule changes by the U.S. Department of Labor regarding self-insurance standards for coal operators [184]. - The company has exposure to commodity price risk for supplies used in production, managed through strategic sourcing contracts [449]. - The company faces foreign currency risks that could affect competitiveness in international markets, although transactions are primarily denominated in U.S. dollars [453].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-K ________________________ (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-41728 NCR ATLEOS CORPORATION (Exact na ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Commission file number 001-40399 Enact ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 20-F o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commiss ...