ORION ENERGY SYSTEMS, INC. LED Lighting & Controls Lighting Maintenance EV Charging NASDAQ: OESX FEBRUARY 2026 orionlighting.com | 1.800.660.9340 | | 1 SAFE HARBOR Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward- looking statements may generally be identified as such because the context of such statements will include words such as "antici ...

Economic and Investment Environment - Malta is positioned as a strategic gateway to the EU, combining a Mediterranean lifestyle with a resilient economy, making it attractive for investors and global citizens [2][3] - The country has a diversified economy with a business-friendly framework, emerging as a hub for sectors like fintech, blockchain, AI, and iGaming [3] - Malta Enterprise focuses on enhancing innovation capacity, deepening industry collaboration, and aligning sustainability with economic development, targeting high-value sectors such as advanced manufacturing and life sciences [25][24] Tourism and Connectivity - Malta's tourism strategy emphasizes quality and exclusivity, aiming to attract high-spending visitors rather than focusing solely on volume [8][16] - The country has seen a 12% increase in visitor arrivals and a 22% increase in visitor spending in 2025, with a target of approaching 4 million visitors [16] - Strong air connectivity, including new direct flights from major Gulf hubs, supports both leisure and business travel, enhancing Malta's appeal as a lifestyle and mobility hub [19][20] Education and Workforce Development - The Institute of Tourism Studies (ITS) in Malta prepares students for international careers in hospitality and tourism, offering globally relevant programs and partnerships with international institutions [12][14] - Malta's education system aligns with European standards, providing students with opportunities for internships and employment in growing sectors like finance and technology [38][40] Real Estate and Property Market - Malta's property market shows resilience, with capital values rising around 5% and rental yields consistent at 5-6%, driven by genuine demand [30] - High-end developments and traditional properties in historic locations are attracting international buyers, supported by strong domestic fundamentals [30][31] - Infrastructure investment is seen as a priority for enhancing long-term property market value, with opportunities for public-private collaboration [32] Financial Services and Innovation - Malta is strengthening its position as a financial center, focusing on innovation in areas like fintech, wealth management, and capital markets [43][44] - The Malta Financial Services Authority (MFSA) is developing frameworks for emerging markets, including Sharia-compliant products, while ensuring regulatory integrity [54][55] - Companies like Finance Incorporated and CoinGateway are leveraging Malta's regulatory environment to provide tailored financial solutions and support cross-border operations [51][70] Bilateral Relations and International Engagement - Malta is enhancing its relationship with the UAE through structured cooperation in areas like trade, healthcare, and tourism, with a focus on measurable outcomes [5][6] - The country aims to act as a bridge for EU-GCC cooperation, facilitating trade and investment flows across various sectors [7] - Malta's diplomatic engagements have reinforced its reputation as a trusted facilitator of dialogue and partnerships in the region [10]

Core Insights - Verity Holdings, LLC and Bushel announced an integration to connect on-farm data with sustainability modeling and compliance, enhancing traceability and documentation of agricultural practices that affect carbon intensity and credit value under Section 45Z [1][2][5] Group 1: Integration and Benefits - The integration provides agribusinesses and producers a clearer path to participate in sustainability programs linked to verified agricultural practices, facilitating access to market-based incentives [2][4] - Farmers can choose to participate in the integrated platform, sharing data securely through Bushel Farm, which supports documentation and carbon scoring [2][6] - The pilot customer for this integration is the Gevo North Dakota ethanol facility, reflecting progress towards the goals of the North Dakota-supported CSEA grant [3] Group 2: Market Context and Demand - There is an increasing demand for transparent grain sourcing, and the integration helps farmers and processors prepare for potential policy shifts while meeting program requirements [4][5] - Recent guidance from the U.S. Department of the Treasury under Section 45Z highlights the importance of verifiable carbon intensity data in determining program eligibility and value [5] - The integration aims to create more market-based opportunities by securely connecting data, addressing the needs of farmers while preparing the industry for future developments [6] Group 3: Company Profiles - Verity Holdings specializes in carbon project development and offers a digital MRV platform, focusing on maximizing the value of environmental benefits [7] - Gevo, Inc. is a diversified energy company committed to producing cost-effective, renewable fuels and strengthening rural economies through innovative technology [8][9] - Bushel is an independent software company providing integrated workflow solutions for agriculture, powering over 3,500 grain and ag retail facilities and serving more than 100,000 farmers [10]

The agricultural system has done an amazing job of feeding a population that we never even thought would be possible on this planet. But that's come at a cost. Agriculture occupies nearly half of all habitable land, emits nearly a quarter of all GHG emissions, and is responsible for 70% of freshwater withdrawals.There is a better path. We need to find the exact right plant to grow in the exact right environment, with the exact right inputs, to make a more healthy, sustainable and equitable agricultural syst ...

At -40°C, everything feels different. Air becomes heavier, spin becomes sharper, and it does not just move around you. It moves through you.Even our breath feels loud and becomes visible. So the most surprising thing about Antarctica is not the cold, it is the silence. There is no traffic, no cities, no machines, no voices, just ice, wind and time.Standing there at the most isolated and coldest place on earth, I realized something unexpected that Antarctica is not empty. It is quietly telling a story. A sto ...

Financial Data and Key Metrics Changes - Revenue for the quarter was $3.6 billion, up 4% year-over-year, primarily driven by foreign exchange tailwinds from Europe [6][27] - Adjusted EBITDA improved by 10 basis points year-over-year to 5.7%, totaling $207 million [27] - Adjusted net income was $28 million or $0.35 per share during the quarter [27] Business Line Data and Key Metrics Changes - In the Americas, consolidated sales were generally in line with the broader market [29] - EMEA sales trailed the market due to customer mix and deliberate portfolio actions [29] - Asia outperformed, driven by significant growth in China as new programs with domestic OEMs ramped up [29] Market Data and Key Metrics Changes - Production volumes are trending higher, particularly in North America, with overall industry volume indicators remaining positive [9] - China is expected to continue double-digit growth through fiscal year 2028, despite relatively flat overall vehicle production [12] - The growth outlook for Asia outside of China is also expected to exceed market growth in fiscal years 2027 and 2028 [12] Company Strategy and Development Direction - The company is focused on onshoring opportunities in North America, having won approximately 150,000 units of direct onshoring business [11] - Investments in automation are expected to ensure continued positive business performance, with most projects having a payback under two years [10] - The introduction of ModuTec, a modular seat design solution, aims to enhance manufacturing efficiency and support onshoring priorities [20][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in the past quarter but expressed confidence in the company's resilient operating model [6] - The company raised its guidance for revenue, adjusted EBITDA, and free cash flow for the fiscal year 2026 [8][38] - Management emphasized the importance of launching key and complex new programs flawlessly and exceeding customer expectations [9] Other Important Information - The company generated $15 million of free cash flow in the first quarter, higher than internal expectations [33] - Total liquidity was $1.7 billion, comprised of $855 million in cash and $823 million in undrawn capacity under a revolving line of credit [35] - The company returned $25 million to shareholders through share repurchases during the quarter [7][35] Q&A Session Summary Question: Impact of potential disruptions on F-150 F-Series recovery - Management stated they are monitoring the situation and will provide updates based on Ford's guidance [41][42] Question: Onshoring opportunity growth - Management confirmed the onshoring opportunity has grown to $500 million, including a conquest win, and expects updates on significant wins soon [44][46] Question: Update on European restructuring - Management indicated that restructuring spend in Europe is expected to decrease in fiscal year 2027, but future restructuring will depend on customer production plans [54][55] Question: Asia adjusted EBITDA decline - Management noted that increased engineering spending for new programs will continue but is expected to be offset by operational efficiencies [56] Question: Commercial settlement impact - Management clarified that the cash flow from commercial negotiations is a timing issue and part of normal business operations [61][62]

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $3.6 billion, a 4% increase year-over-year, primarily driven by foreign exchange tailwinds and favorable volume and pricing [25][27] - Adjusted EBITDA improved by 10 basis points year-over-year to 5.7%, totaling $207 million [26][28] - Adjusted net income was $28 million or $0.35 per share during the quarter [26] Business Line Data and Key Metrics Changes - In the Americas, consolidated sales were generally in line with the broader market, while EMEA sales trailed the market due to customer mix and portfolio actions [27] - Asia outperformed, driven by significant growth in China as new programs with domestic OEMs ramped up [27] Market Data and Key Metrics Changes - North America vehicle production is expected to be around 15 million units for fiscal year 2026, up from previous guidance of 14.6 million [36] - China is expected to continue double-digit growth through fiscal year 2028, despite flat overall vehicle production [12] Company Strategy and Development Direction - The company is focused on onshoring opportunities, with approximately $500 million in potential revenue from onshoring and conquest wins [12][43] - Investments in automation are expected to ensure continued positive business performance, with most projects having a payback under two years [10] - The introduction of Modutec, a modular seat design solution, aims to enhance manufacturing efficiency and support onshoring priorities [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering solid business performance due to a resilient operating model and positive production volume trends [9][10] - The company raised its guidance for revenue, adjusted EBITDA, and free cash flow for the fiscal year 2026 [36][37] Other Important Information - The company generated $15 million of free cash flow in Q1 2026, higher than internal expectations [32] - Total liquidity was $1.7 billion, comprised of $855 million in cash and $823 million in undrawn capacity under a revolving line of credit [34] Q&A Session Summary Question: Impact of potential disruptions on F-150 F-Series recovery - Management indicated that they are monitoring the situation and will provide updates based on Ford's guidance [40][41] Question: Update on onshoring opportunities - The company confirmed that onshoring opportunities have increased to $500 million, including a significant domestic OE production move from Mexico to the U.S. [43][45] Question: Progress on European restructuring - Management noted that restructuring spend in Europe is expected to be around $120 million to $130 million in fiscal year 2026, with a decrease anticipated in fiscal year 2027 [52][53] Question: Sustainability and commercial settlements - Management clarified that commercial settlements are part of normal business operations and timing mismatches are expected [60][62] Question: Growth opportunities in Asia and Europe - Management highlighted ongoing discussions with customers regarding onshoring and potential growth in the 2028-2029 timeframe, while also addressing competitive pressures from Chinese imports in Europe [71][82]

Core Viewpoint - Aspen Aerogels, Inc. is set to discuss its financial results for Q4 and the full year of 2025 during a conference call on February 25, 2026, at 8:30 a.m. ET, with results expected to be released before market opening on the same day [1]. Group 1 - The conference call will feature Don Young, President & CEO, and Grant Thoele, CFO & Treasurer [1]. - Interested parties can join the call by dialing specific numbers and referencing a conference ID [2]. - A live webcast of the conference call will be available on the Investors section of Aspen's website [2]. Group 2 - Aspen Aerogels is recognized as a technology leader in sustainability and electrification solutions, focusing on resource efficiency, e-mobility, and clean energy [4]. - The company's PyroThin® products address thermal runaway challenges in the electric vehicle market, while Cryogel® and Pyrogel® products are utilized by major energy infrastructure companies [4]. - Aspen aims to partner with industry leaders to expand its Aerogel Technology Platform® into high-value markets [4].

Core Insights - The 2025 Sustainability Report of Natural Grocers emphasizes the company's commitment to nutrition education, product standards, and ecological sustainability partnerships [1][2][3] Group 1: Nutrition Education - Natural Grocers has invested over $7 million in nutrition education services in fiscal year 2025, highlighting its belief in accessible, research-backed nutrition guidance for community wellbeing [6] - The company offers free one-on-one coaching, nutrition education classes, recipe demonstrations, and personalized shopping support through its in-store Nutritional Health Coaches [6] - The Nutrition Education program received the Sustainability in the Food Industry Award from The Shelby Report, showcasing its recognition in the industry [6] Group 2: Product Standards - Natural Grocers maintains some of the strictest product standards in the grocery industry, prohibiting synthetic colors and problematic ingredients [6] - The company exclusively sells USDA-certified organic produce and pasture-raised, non-confinement dairy products and free-range eggs, ensuring high-quality offerings [4] Group 3: Commitment to Sustainability - The company prioritizes partnerships with vendors and farming partners focused on soil health, biodiversity, and ecological stewardship, supporting regenerative agriculture [6] - Operational decisions across stores, facilities, and supply chains are grounded in sustainable practices, reinforcing the company's commitment to sustainability [6] Group 4: Community and Crew Support - Natural Grocers has invested over $16 million in incremental compensation and discretionary payments for its Crew in fiscal year 2025, demonstrating its commitment to employee development [4] - The company upholds its founding principles of community wellbeing and Crew development through education, benefits, and local engagement [6]

Core Insights - The US Cotton Trust Protocol is enhancing its leadership structure to strengthen its sustainability program and traceability platform in the cotton market [4] Leadership Appointments - Marjory Walker and Liz Hershfield have been appointed as co-directors to oversee operational and market development aspects of the Trust Protocol [1][3] - Walker will manage operational aspects, including standards, assurance, and communications, while Hershfield will lead global market development and supply chain activities [1][3] Responsibilities and Focus Areas - Walker's role includes managing the verification process and updating standards to incorporate regenerative practices, emphasizing risk management and stakeholder engagement [2] - Hershfield will focus on maintaining compliance across the supply chain and enhancing engagement with mills, brands, and retailers, linking sustainability efforts to value for program members [3] Organizational Goals - The Trust Protocol aims to provide verified, sustainably grown cotton, with a focus on collaboration and streamlined processes [4] - The organization reported that over 1,500 grower members have made significant progress on sustainability indicators, meeting or exceeding five out of six national improvement targets set for 2025 [6]