Institutional Presentation 4Q25 We Stand For People An Empowered Team Results-Driven Together We Evolve We Stand for Customers Challenge Oriented I AM BRADESCO Translation | Corporate Profile / ESG | 3-19 | | --- | --- | | Transformation Plan | 20-31 | | 4Q25 Numbers | 32-54 | | Main Banking Businesses | 55-65 | | Insurance Group | 66-79 | | Valuation and selected Bradesco stock data | 80-86 | | Adjusting the Economic Policy Mix | 87-94 | | GDP Growth Cycle | 95-102 | | Credit Cycle | 103-113 | 2 02/10/2026 ...

MOL GROUP INVESTOR PRESENTATION INSERT HEADLINE HERE FEBRUARY 2026 MOL GROUP IN BRIEF INTEGRATED CENTRAL EUROPEAN MID-CAP OIL & GAS COMPANY UPSTREAM GAS MIDSTREAM DOWNSTREAM Refining Petrochemicals CONSUMER SERVICES Retail Mobility Exploration Production WASTE MANAGEMENT CLEAN CCS EBITDA BY SEGMENTS IN 2025 (USD MN)1 | UPSTREAM | | | DOWNSTREAM | | | CONSUMER | GAS | | --- | --- | --- | --- | --- | --- | --- | --- | | 1,125 | | | 1,453 | | | 927 | 208 | | KEY FIGURES | | | | | | | | | | | CAPITAL MARKETS | ...

Core Insights - Sika reported a revenue of CHF 11,201.3 million for 2025, a decrease of 4.8% compared to 2024, but a 0.6% increase in local currencies, indicating market share gains despite challenging global conditions [3][4][19] - The company is implementing the "Fast Forward" program to enhance organizational agility, innovation, and efficiency, expecting a positive EBITDA effect of CHF 150 to 200 million in the coming years [2][11] - Sika anticipates a revenue growth of 3 to 6% in local currencies for 2026, despite a weaker first half of the year, with an expected EBITDA margin of 19.5 to 20.0% [2][18] Financial Performance - The material margin improved to 54.9% in 2025 from 54.5% in 2024, reflecting a strong focus on cost management and efficiency [4][5] - EBITDA for 2025 was CHF 2,064.7 million, down from CHF 2,269.5 million in 2024, with an EBITDA margin of 18.4%, which would be 19.2% when adjusted for one-time costs related to the Fast Forward program [4][5][19] - Net profit for 2025 was CHF 1,045.3 million, a decrease of 16.2% from CHF 1,247.6 million in 2024, with earnings per share dropping to CHF 6.50 from CHF 7.76 [6][19] Market Dynamics - Sika's largest region, EMEA, saw a revenue growth of 2.2% in local currencies, with strong performance in the Middle East and Africa [7] - In the Americas, revenue growth was also 2.2% in local currencies, impacted by a government shutdown affecting commercial construction [8] - The Asia-Pacific region experienced a decline of 5.3% in local currencies, primarily due to a significant drop in the Chinese construction market, although excluding this, the region showed positive organic growth of 2.5% [9] Strategic Initiatives - The Fast Forward program aims to streamline operations and enhance digital transformation, with expected annual savings of CHF 150 to 200 million starting from 2028, and CHF 80 million anticipated in 2026 [10][11] - Sika is committed to improving its ESG performance, achieving a 6.1% reduction in greenhouse gas emissions and a 14.1% decrease in accidents with lost time [12] Dividend and Governance - The Board of Directors proposed an increase in the gross dividend to CHF 3.70 per share, up 2.8% from the previous year [14] - New board members are proposed for election at the upcoming general meeting, with a focus on enhancing governance and strategic oversight [15]

Lake Resources (ASX: LKE) is uniquely positioned to deliver sustainable, battery-grade lithium carbonate from its Kachi Project in Argentina, leveraging direct lithium extraction technology to meet escalating global demand with a reduced environmental footprint.This approach addresses the critical need for a high-purity lithium supply using environmentally superior methods, differentiating it from conventional brine extraction.The ThesisLake Resources aims to become a significant, responsible producer of ba ...

Core Viewpoint - The core of improving the modern enterprise system with Chinese characteristics is corporate governance, which is also essential for building world-class enterprises. The latest report indicates an overall improvement in corporate governance, with specific indices related to minority investor protection, board governance, entrepreneurial capability, and financial governance showing upward trends. However, there are declines in voluntary information disclosure and executive compensation indices, reflecting economic pressures on corporate performance [1]. Group 1: Corporate Governance Indices - The report highlights an upward trend in indices related to minority investor rights protection, board governance, entrepreneurial capability, and financial governance, indicating positive changes in corporate governance [1]. - The voluntary information disclosure index has decreased, suggesting a need for improvement in transparency [1]. - The executive compensation index has also declined, indicating a mismatch between executive pay and their contributions, likely due to economic pressures affecting corporate performance [1]. Group 2: Strengthening Shareholder Rights - To effectively strengthen constraints on major shareholders and protect minority shareholder rights, three key issues need to be addressed: the excessive control of major shareholders, the need for legislative reforms to increase the cost of infringement, and the adoption of principles from the G20/OECD to ensure effective remedies for all shareholders [2]. Group 3: Mixed Ownership and Governance Structure - The development of mixed ownership and enhancing investor confidence could involve allowing the general manager to also serve as the party secretary, with independent or external directors as chairpersons. This structure aims to improve board independence and decision-making effectiveness [3]. - The independence of the board is crucial for representing all shareholders and enhancing confidence from social and foreign capital [3]. - Company charters should clarify the checks and balances among governance bodies to avoid administrative dominance and ensure effective corporate governance [3].

Core Insights - Aegon's 2025 results reflect the effectiveness of its strategy, achieving or surpassing all financial targets set during the 2023 Capital Markets Day [3] - The company generated EUR 1.3 billion in operating capital, exceeding its EUR 1.2 billion target, and reported EUR 829 million in free cash flow, aligning with its target of approximately EUR 800 million for 2025 [4][6] Financial Performance - Aegon reported a full-year IFRS operating result of EUR 1.7 billion, marking a 15% increase compared to 2024 [4] - The net result for 2025 was EUR 980 million, a 45% increase from 2024, while the net result for the second half of 2025 was EUR 375 million, down from EUR 741 million in the second half of 2024 [7] - The operating result for the second half of 2025 was EUR 858 million, an 11% increase from the second half of 2024, driven by growth across all business units [7] Capital Management - Aegon returned EUR 1.1 billion to shareholders through dividends and share buybacks in 2025 [6] - A proposed final dividend of 21 eurocents per share for 2025 represents an 11% increase compared to the final dividend of 2024, meeting the target of EUR 0.40 for the full year [6][7] Business Unit Performance - Transamerica's distribution network expanded to over 95,000 licensed agents, achieving a record 30% increase in individual new life sales in 2025 compared to 2024 [5] - The asset management business generated EUR 1.0 billion in net third-party inflows in 2025, while the UK Workplace Platform saw GBP 2.4 billion in net inflows [5] Strategic Focus - Aegon is focused on executing plans outlined at the 2025 Capital Markets Day, including relocating its head office and legal seat to the US [7]

Inc. quietly dropped a so-called “ESG modifier” from its 2025 pay packages for Chief Executive Officer Tim Cook and other top executives, according to a corporate filing last month. The provision, in place since 2021, had allowed Apple’s board to adjust annual bonuses up or down by as much as 10% depending on the company’s performance on a variety of measures, including greenhouse-gas reductions and renewable energy use among suppliers.Apple’s move follows similar decisions at dozens of companies, includin ...

Growth of the property portfolio Retail Park Horizon Provence (France) €22,8 million EURINVESTMENT AMOUNT Results for the 1st quarter for the financial year 2025/2026 €1.39EPRA EARNINGS PER SHARE€68.56INTRINSIC VALUE PER SHARE (EPRA NTA)StabilityOF THE FAIR VALUE OF THE PORTFOLIO96.6%EPRA OCCUPANCY RATE41.4%EPRA DEBT RATIO (EPRA LTV) ESG implementation: 90 new charging stations installed in France Attachment Interim statement at 31.12.2025 ...

Sustainability leadership continues to serve as a competitive advantage, reducing regulatory risk and energy costs while attracting tenants with high ESG standards.The Empire State Building Observatory delivered resilient performance through increased revenue per capita and domestic demand, offsetting a decline in international tourist visitation.Leveraged a proactive balance sheet to execute all-cash acquisitions, such as 130 Mercer in SoHo, providing certainty of close in a volatile capital market environ ...

Core Viewpoint - Orrön Energy is navigating a challenging market environment characterized by price volatility and increased operational costs, while making progress in project sales and securing grid connections for future growth [7][8][12]. Financial Performance - For the year 2025, Orrön Energy reported a revenue from power generation of MEUR 24.9, a decrease from MEUR 25.7 in 2024, while project sales contributed MEUR 4.0 [4]. - The company recorded a proportionate EBITDA of MEUR -4.5 for the year, impacted by lower power generation volumes and higher balancing costs [12]. - Proportionate net debt stood at MEUR 89, with a liquidity headroom available through a MEUR 170 revolving credit facility [6]. Operational Highlights - Proportionate power generation amounted to 800 GWh for the year, with total generation including ancillary services reaching 839 GWh [5][9]. - The company secured grid connections for six large-scale solar and data center projects in the UK, with a combined capacity of 2.9 GW [5][11]. - Agreements were made to sell three German solar projects totaling 234 MW for up to MEUR 14, contributing to a total of MEUR 18 in project sales agreements for the year [5][10]. Market Conditions - The market conditions in the Nordics remained challenging, with an average realized price of EUR 36 per MWh in 2025, reflecting significant price volatility [8]. - The company implemented operational strategies to manage price volatility, including voluntary curtailments, which improved financial performance despite impacting production volumes [8][9]. Future Outlook - The company anticipates proportionate power generation in 2026 to be between 800 and 950 GWh, considering uncertainties such as weather variability [9]. - There is optimism regarding higher electricity prices and a strong futures price for 2026, alongside expectations of significant returns from the greenfield business [13].