Financial Performance - Q4 same store sales decreased by 0.5% on a comparable 13-week basis, an improvement from a decline of 12.8% in Q4 last year [2] - Q4 adjusted EBITDA was $14.6 million, significantly up from $5.3 million in Q4 last year [4] - Net sales for Q4 were $340.4 million, down 8.1% compared to $370.4 million in Q4 FY2023, primarily due to one less week of operations [4] - Gross profit for Q4 was $103.6 million, representing 30.4% of net sales, an increase from 26.8% in Q4 FY2023 [6] - For FY2024, net sales were $1,197.6 million, a decrease of 7.0% compared to $1,288.0 million in FY2023 [6] - Net sales for the fiscal year ended February 1, 2025, were $1,197,633, a decrease of $90,354 compared to $1,287,987 for the fiscal year ended February 3, 2024 [24] - Adjusted EBITDA for the fiscal year ended February 1, 2025, increased to $29.618 million, up from $24.575 million in the prior year, reflecting a year-over-year growth of approximately 20.8% [34] Expenses and Profitability - SG&A expenses decreased to $100.0 million, or 29.4% of net sales, down from $107.3 million or 29.0% of net sales in Q4 FY2023 [6] - Operating expenses decreased to $388,705, representing 32.5% of net sales, down from $408,750 or 31.7% of net sales in the prior year [24] - The company reported a net loss of $33,059 for the fiscal year ended February 1, 2025, compared to a net loss of $28,997 for the previous year [24] - For the fiscal quarter ended February 1, 2025, the net loss was $8.723 million, compared to a net loss of $8.739 million for the same quarter in 2024 [31] - Adjusted net loss income for the fiscal year ended February 1, 2025, was $20.208 million, an improvement from a loss of $24.064 million in the previous fiscal year [31] Cash and Liquidity - As of February 1, 2025, the company ended the year with net debt of $95.9 million and total liquidity of $131.1 million [14] - Cash and cash equivalents at the end of the period were $2,832, a decrease from $3,141 at the end of the previous fiscal year [26] - Total assets decreased to $852,102 as of February 1, 2025, down from $886,205 as of February 3, 2024 [26] Inventory and Payables - The company reported a decrease in merchandise inventories to $341,958 from $354,710 [26] - The company experienced a year-over-year increase in accounts payable, rising to $64,041 from $56,122 [26] Future Outlook - The company expects FY2025 net sales to range from a decrease of 1.0% to an increase of 3.5% [9] - Adjusted EBITDA for FY2025 is projected to be between $33 million and $45 million [9] - The company plans to open one new store in Surprise, Arizona during FY2025 [9] Interest and Legal Expenses - Interest expense for the fiscal year was $12,278, consistent with the previous year's expense of $12,869 [24] - Legal expenses for the fiscal year ended February 1, 2025, were $1.750 million, compared to $687 thousand in the previous year [34] Shareholder Information - The diluted weighted average shares outstanding increased to 38,045 thousand for the fiscal quarter ended February 1, 2025, compared to 37,457 thousand in the same quarter of 2024 [31] - The impact of adjustments to the numerator and denominator resulted in an adjusted diluted loss earnings per share of $0.04 for the fiscal quarter ended February 1, 2025, compared to a loss of $0.20 in the prior year [31] Executive Transition Costs - Executive transition costs amounted to $1.081 million for the fiscal year ended February 1, 2025, down from $4.763 million in the previous year [31] - The company did not incur any new store pre-opening expenses for the fiscal year ended February 1, 2025, while it incurred $5.8 million in the previous fiscal year [34] Non-Cash Adjustments - A non-cash valuation allowance of $10.1 million was created during fiscal year 2024 related to Deferred Tax Assets [35]

Store Operations - Torrid operates 634 stores across the U.S., Puerto Rico, and Canada, with an average store size of approximately 3,100 square feet[34]. - The number of stores decreased to 634, down from 655 in the previous year[211]. - The average remaining lease term for the company's stores was 2.7 years as of February 1, 2025, before considering kickout clauses[190]. - Approximately 94% of current leases will have a termination or kickout within three years of the end of fiscal year 2024, providing significant flexibility for the company[190]. Customer Base and Loyalty Programs - The company has a loyal customer base primarily consisting of women aged 30 to 44, with an average size of 18, and approximately half of the customers are under 40 years old[25]. - Torrid's three-tier loyalty program, Torrid Rewards, incentivizes spending, with members earning one point for every dollar spent and rewards for every 250 points collected[26]. - The Torrid Credit Card Program enhances customer loyalty, providing points, discounts, and other perks, while also serving as a valuable source of customer data[27]. - Active customers decreased to 3,656, down from 3,761 in the previous year, representing a decline of 2.8%[211]. - Net sales per active customer decreased to $302, down 1.3% from $306 in the previous year[211]. - The proportion of net sales attributable to active customers remained stable at 97% for fiscal years 2024, 2023, and 2022[213]. Product Development and Merchandising - The company introduces new merchandise approximately 16 times per year, maintaining a consistent flow of fresh products to engage customers[23]. - Torrid employs a data-driven approach to product development, utilizing customer feedback and sales data to inform design and inventory decisions[22]. - The company emphasizes a fashion-first focus and a broad product assortment to differentiate itself in the plus- and mid-size apparel market[60]. - The company has patents issued and applications pending for innovative technologies in its popular bra lines, enhancing its product offerings[56]. Marketing and Brand Strategy - Torrid's marketing strategy emphasizes inclusivity and diversity, targeting curvy women sizes 10 to 30, and includes a multiple brand strategy to reach new customers[44]. - The company focuses on providing stylish apparel for curvy women, specializing in sizes 10 to 30, and aims to keep prices reasonable without compromising quality[209]. Financial Performance - Net income for the fiscal year was $16,318, an increase from $11,619 in the previous year[211]. - Adjusted EBITDA for the fiscal year was $109,120, slightly up from $106,219 in the previous year[211]. - Comparable sales declined by 5% in fiscal year 2024, compared to a 12% decline in fiscal year 2023[211]. - The company's stock price has been volatile, affected by various uncontrollable factors, including changes in business nature and fiscal year[155]. - The company has never declared or paid cash dividends, and future dividend payments will depend on operational results and financial conditions[164]. Supply Chain and Operations - The company has a diversified vendor base, with no single supplier accounting for more than 9% of merchandise purchased in fiscal year 2024[48]. - The company plans to continue diversifying its vendor bases by both vendor and geography, reducing exposure to factories located within China[48]. - The West Jefferson distribution facility, covering 750,000 square feet, is highly automated and supports global direct-to-customer e-Commerce[49]. - The company outsourced its U.S. returns operations to a third-party specialist in late 2024 to improve costs and processing cycle times[50]. - Disruptions in the supply chain due to international trade issues, such as tariffs and political instability, could adversely affect product availability and costs[109]. Regulatory and Compliance Risks - The company is subject to numerous laws and regulations, including labor, tax, and data privacy laws, which could impact operational costs[57]. - Compliance with evolving regulations regarding data protection is critical, as failure to comply could result in fines and reputational damage[101]. - The company is subject to the Payment Card Industry Data Security Standard (PCI-DSS), and any claims of non-compliance could adversely impact its business and reputation[125]. - Changes in product safety laws could result in increased compliance costs and delays in product availability[137]. Economic and Market Conditions - The company's performance is sensitive to economic conditions, with potential declines in consumer spending during recessionary periods impacting net sales and profits[70]. - Recent inflationary pressures have increased costs for energy and raw materials, which may adversely affect sales and operational results if price adjustments cannot be made[72]. - The company faces substantial competition in the plus- and mid-size women's apparel industry, which could adversely affect net sales and margins[76]. - The company faces risks from market fluctuations and economic conditions that could adversely affect its financial performance[159]. Cybersecurity and Technology - The company utilizes an industry-leading cybersecurity framework to assess and manage cybersecurity risks, with a dedicated team led by the COO[179]. - The company has implemented multiple layers of cybersecurity processes and technologies to protect its information systems and mitigate risks[178]. - The company has established a written incident response plan to address cybersecurity events, which includes processes for detection, response, and recovery[182]. Employee and Labor Considerations - The company has approximately 1,810 full-time and 5,780 part-time employees, with a focus on creating a supportive and inclusive work environment[37]. - Employee turnover in the retail industry is generally high, which could lead to increased hiring and training costs, adversely affecting business operations[92]. - Labor costs are influenced by external factors such as unemployment levels and minimum wage laws, which could impact profitability if not managed properly[93].

Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (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, 2024 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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 January 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 000-22754 URBAN OUTFITTERS, INC. (Exact Name of Registrant as Specified in Its Charter) Pennsylvania 23-2003332 (State or Other Jurisdictio ...

Financial Performance - Net income attributable to Assured Guaranty Ltd. for Q4 2024 was $18 million, a decrease of 95.2% from $376 million in Q4 2023[6]. - Adjusted operating income for Q4 2024 was $66 million, down 80.5% from $338 million in Q4 2023[6]. - The company reported a diluted earnings per share of $0.35 for Q4 2024, a significant decrease from $6.40 in Q4 2023[6]. - Total revenues for the year ended December 31, 2024, were $872 million, down from $1,373 million in 2023, a decrease of 36.6%[15]. - The company reported a basic earnings per share of $0.36 for Q4 2024, down from $6.54 in Q4 2023, a decline of 94.5%[15]. - The company reported a total of $98 million in net income for Q4 2024, compared to $339 million in Q4 2023[30]. - Net income attributable to AGL for 2024 was $376 million, a decrease of 49% compared to $739 million in 2023[153]. Revenue and Premiums - Gross written premiums (GWP) increased to $186 million in Q4 2024, up 37% from $136 million in Q4 2023[6]. - Net earned premiums increased to $103 million in Q4 2024 from $83 million in Q4 2023, representing a 24% growth[15]. - Net earned premiums for the insurance segment increased to $104 million in Q4 2024, compared to $83 million in Q4 2023, reflecting a growth of 25.3%[30]. - Net earned premiums rose to $406 million in 2024, compared to $344 million in 2023, reflecting an increase of 18%[33][36]. - Total Gross Written Premium (GWP) for Q4 2024 was $186 million, an increase from $136 million in Q4 2023, representing a growth of 37%[67]. - The company reported total GWP of $357 million for 2023, with an increase to $440 million anticipated for 2024[76]. Assets and Equity - Total shareholders' equity attributable to Assured Guaranty Ltd. decreased to $5,495 million as of December 31, 2024, from $5,713 million a year earlier[11]. - Total assets decreased to $11,901 million as of December 31, 2024, from $12,539 million as of December 31, 2023, a decline of 5.1%[17]. - Shareholders' equity attributable to AGL decreased to $5,495 million as of December 31, 2024, from $5,713 million as of December 31, 2023, a decrease of 3.8%[17]. - Shareholders' equity attributable to AGL per share increased to $108.80 in 2024 from $101.63 in 2023[153]. - Adjusted operating shareholders' equity was $5,795 million in 2024, down from $5,990 million in 2023, a decrease of about 3.25%[160]. Investment Income - Net investment income remained stable at $93 million for Q4 2024, consistent with the previous quarter[27]. - Net investment income decreased slightly to $340 million in 2024 from $365 million in 2023, a decline of approximately 7%[33][36]. - Total net investment income for the year ended December 31, 2024, was $340 million, a decrease of 8.3% from $365 million in 2023[56]. - The company reported a total of $15 million in net investment income from funds in the fourth quarter of 2024, down from a loss of $2 million in the same quarter of 2023[53][55]. Claims and Reserves - Claims-paying resources were reported at $10,211 million as of December 31, 2024, down from $10,665 million a year prior[11]. - The loss and LAE reserve decreased to $268 million as of December 31, 2024, from $376 million as of December 31, 2023, a decline of 28.8%[17]. - The total claims-paying resources decreased to $10,211 million in 2024 from $10,665 million in 2023[153]. Tax and Expenses - The effective tax rate on net income for Q4 2024 was 26.6%, compared to an effective tax rate of (87.9)% in Q4 2023[6]. - Total expenses for Q4 2024 were $106 million, a slight increase from $81 million in Q4 2023[30]. - Total expenses for 2024 were $446 million, down from $733 million in 2023, indicating a reduction of 39%[33][36]. - Interest expenses for the Corporate Division remained stable at $101 million in 2024, compared to $99 million in 2023, reflecting a slight increase of about 2.02%[144]. Market and Business Outlook - The company plans to continue expanding its market presence and exploring new business opportunities in both U.S. and non-U.S. public finance sectors[67]. - The company expects installment premiums to contribute $294 million to total PVP in 2023, decreasing to $262 million in 2024[76]. - The company anticipates a total of $1,304 million in net expected loss to be paid from 2025 to 2029[84]. Financial Metrics and Ratios - The adjusted operating return on equity (ROE) for Q4 2024 was 4.5%, down from 23.1% in Q4 2023[6]. - The capital ratio improved to 73:1 in 2024 from 66:1 in 2023, indicating stronger capital adequacy[62]. - The unrealized loss on the investment portfolio was $(397) million in 2024, compared to $(361) million in 2023, indicating a worsening of approximately 9.97%[160]. Corporate Division Performance - Total revenues for the Corporate Division for the year ended December 31, 2024, were $17 million, down from $275 million in 2023, indicating a decline of approximately 93.82%[144]. - Adjusted operating income (loss) for the Corporate Division was $(135) million for the year ended December 31, 2024, compared to $45 million in 2023, marking a significant decline[144]. - Total revenues for Other Results in the three months ended December 31, 2024, were $10 million, compared to $33 million in the same period of 2023, a decrease of approximately 69.7%[148].

For the quarterly period ended February 23, 2025 Table of Contents Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number DARDEN RESTAURANTS, INC. For the transition period from to 1-13666 (Exact name of registrant as specified in its charter) Florida 59-3305930 (State or other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...

Vehicle Development and Production - As of December 31, 2024, the company has developed six series of commercial vehicle models and has begun production and delivery of these models into global markets[29] - The company has introduced the iChassis™ platform for autonomous driving applications and is developing hydrogen-powered heavy-duty vehicles to meet market demand[30] - The company has begun making its own battery packs and is preparing for battery cell production to enhance its supply chain capabilities[31] - The company has launched subsidiaries in various countries, including Colombia and Italy, to expand its global presence and market reach[63][64] - By the end of 2023, the company has launched seven ECV models available for commercial offering, including Metro MB, Avantier α and c, Logistar 100, Logistar 200, Logistar 260, Logistar 400, and Teemak[157] - In 2024, the company launched five new EV models: Avantier Ex, Avantier Commuter, Logistar 210, Logistar 300, and Logistar 450, enhancing its vehicle lineup and providing more options for customers[158] Market Trends and Projections - The global electric vehicle (EV) market was valued at approximately USD 561.3 billion in 2024 and is projected to reach approximately USD 1.58 trillion by 2030, representing a compound annual growth rate (CAGR) of 19% from 2023 to 2030[80] - The global electric commercial vehicle (ECV) market is projected to reach revenues of USD 623.3 billion in 2024, with a steady annual growth rate (CAGR 2024-2028) of 9.82%, reaching USD 906.7 billion by 2028[80] - The global hydrogen vehicle market is forecasted to grow at a CAGR of 31.94% from 2025 to 2032, reaching approximately USD 19.92 billion by 2032[86] Financial Performance - The company reported revenues of approximately $31.3 million for the year ended December 31, 2024, with significant losses from operations amounting to $55.3 million for the same period[203][205] - The revenue breakdown for 2024 shows the United States contributing $20,888,931 (66.7%), Europe $5,719,353 (18.3%), Asia $4,579,104 (14.6%), and others $110,004 (0.4%) compared to 2023[165] Research and Development - Approximately USD 94.4 million has been spent on R&D since 2013, developing ten vehicle models[116] - The company has invested approximately $94.4 million in research and development activities since inception, focusing on developing energy-efficient electric commercial vehicles (ECVs)[205] - As of December 31, 2024, the company holds 125 discovery patents, 10 design patents, and 86 innovation patents granted by the Chinese Patent Office, with additional applications pending[200] Manufacturing and Supply Chain - The company has established an asset-light, distributed manufacturing model, allowing for local assembly of vehicle kits to reduce capital investment[32] - The company has established a supply chain with over 500 suppliers, aiming to localize key components in North America and the European Union to support growth[192][193] - The new manufacturing facility in Changxing, acquired for approximately $19.5 million, is expected to support the production of 50,000 vehicles annually once fully operational[184] Distribution Strategy - The company has shifted its distribution strategy to combine wholly-owned EV Centers with local distribution channels to improve operational efficiencies and market share[33] - The company has shifted its distribution model, with channel partners accounting for approximately 2.1% of sales in 2024, down from 22.2% in 2023, following the acquisition of TME and the establishment of EV Centers[211] - The company has established a hybrid distribution model, opening eleven EV centers mainly in the US and EU throughout 2023[148] - The company is shifting towards local distribution channels to improve service quality and reduce operational costs[127] Regulatory and Market Challenges - The establishment and training of staff at EV Centers may require more time and resources than anticipated, potentially affecting performance and service quality[221] - The company does not provide charging solutions for channel partners or their customers, relying on third parties to ensure charging availability, which may impact vehicle attractiveness in certain markets[225] - The battery capacity of ECVs is expected to decline by up to 20% over six years under normal use conditions, which may negatively influence purchasing decisions[226] - The company anticipates challenges in penetrating new geographic markets, requiring substantial investment in time and resources to meet technical and regulatory requirements[224] Product Features and Certifications - The Metro® has passed N1 homologation requirements in Asia and has obtained EU Small Series Type Approval for an annual sales limitation of 1,500 units into the European Union market[96] - The LS300 has a payload of 3,307 lbs and a range of 270 miles, with EPA and CARB certifications received in 2024[105] - The company’s ECVs are designed with a lightweight chassis structure, reducing overall weight and increasing battery efficiency compared to competitors[191] - Hydrogen-powered trucks are expected to offer zero harmful emissions, higher energy density, and faster refueling times compared to battery-electric vehicles, making them suitable for long-haul transportation[161] Employee and Operational Insights - The company has a total of 260 full-time employees, with 64 in research and development and 58 in manufacturing[202] - The management team has extensive experience in the automotive and technology industries, focusing on developing high-quality, light- and medium-duty ECVs[198]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 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 001-38026 J.Jill, Inc. (Exact name of Registrant as specified in its Charter) Delaware 45-1459825 (State or other jurisdiction of incorp ...

Financial Performance - For the year, Tenaris reported EBITDA of $3.1 billion, net income of $2.1 billion, and net sales of $12.5 billion, with free cash flow of $2.2 billion distributed to shareholders through dividends and share buybacks [23]. - The company proposed a 38% increase in the annual dividend per share compared to the previous year, while maintaining a net cash position of $3.6 billion [23]. - The company’s dividend payments depend on the operational results and financial condition of its subsidiaries, which could be restricted by legal or contractual limitations [131]. - The company’s ability to pay dividends is subject to Luxembourg law, which requires dividends to be paid out of net profits and retained earnings [133]. Operational Developments - Tenaris has strengthened its service differentiation in North America, providing 24/7 digital well integrity solutions and extending its range of Wedge Series 400™ connections [24]. - The company completed several investments aimed at improving operational efficiency and reducing environmental impact, including new electric arc furnaces and modernization of facilities [30]. - Tenaris is advancing its target to reduce carbon emissions and is constructing a second wind farm in Argentina to increase renewable energy usage [32]. - Tenaris is expanding its Rig Direct services globally, integrating operations with customers to reduce costs and improve efficiency [155]. Market Position and Strategy - The company received the 2024 supplier of the year award from ExxonMobil for its supply chain integration efforts and has secured long-term agreements for US shale operations [25]. - Tenaris established a leading position in 20K projects in the US deepwater, with awards from Shell and BP for casing supply and product testing [26]. - The company consolidated its position in the Guyana-Suriname basin by supplying line pipe and insulation coating for Total's GranMorgu development [27]. - In Saudi Arabia, Tenaris won a tender for a major CCS pipeline and extended its long-term agreement with ADNOC in Abu Dhabi [28]. Regulatory and Environmental Challenges - The company faces increased regulatory requirements related to GHG emissions, including the EU Carbon Border Adjustment Mechanism adopted on May 17, 2023, which could affect demand for its products [56]. - The SEC adopted climate-related disclosure rules in March 2024, which would require expanded climate-related disclosures, although implementation was voluntarily stayed [57]. - The company is exposed to physical risks from climate change, including extreme weather events that could disrupt operations and financial results [61]. - The company faces regulatory uncertainties in Mexico due to recent constitutional reforms impacting energy supply and cost structure [80]. Economic and Geopolitical Factors - The company is significantly impacted by the volatility in international oil and gas prices, which affects sales and profitability [53]. - The United States imposed a 25% tariff on steel imports from all countries, effective early 2025, affecting market prices and supply chains [69]. - Argentina's new administration announced emergency measures in December 2023, including cuts in public spending and labor reforms, which may impact demand for the company's products [76]. - The Argentine peso has devalued by over 100% since December 2023, with a "crawling peg" policy in place, potentially affecting the company's financial condition [77]. Cybersecurity and Compliance - Cybersecurity threats have increased significantly, with a reported 2.75 times rise in human-operated ransomware attacks, highlighting vulnerabilities in the company's information systems [123]. - The company has implemented cybersecurity awareness campaigns and training programs to enhance resilience against cyber threats [125]. - The company does not currently maintain cybersecurity insurance, which may expose it to financial risks from cyber threats [128]. - The company is committed to compliance with anti-corruption laws, facing risks of investigations and penalties that could impact sales and profitability [107]. Production Capacity and Facilities - Tenaris's effective annual production capacity for seamless tubes is 4,677 thousand tons, with actual production at 3,229 thousand tons in 2023, reflecting a slight increase from 3,188 thousand tons in 2022 [175]. - The company acquired the global pipe coating business of Mattr at the end of 2023, enhancing its range of pipe coating technologies [152]. - The Bay City facility in Texas represents a $1.8 billion investment, featuring a seamless mill with a capacity of 757,000 tons per year [180]. - The company operates an integrated network of steel pipe manufacturing, research, finishing, and service facilities across the Americas, Europe, the Middle East, Asia, and Africa [141].