Financial Data and Key Metrics Changes - The company achieved record quarterly adjusted net income of $37 million, or $2.17 per diluted share, reflecting strong performance across core businesses [20] - Earnings per share grew by 26% compared to the second quarter [4] - Net interest income increased by $3 million, or 18% annualized, supported by net interest margin (NIM) expansion and exceptional loan growth [20] - NIM on a tax-equivalent yield basis increased by five basis points from the second quarter [20] - Non-interest income totaled $37 million for the third quarter, driven primarily by capital markets revenue [24] Business Line Data and Key Metrics Changes - Capital markets revenue rebounded to $24 million, up $14 million from the prior quarter [20] - Wealth management revenue surpassed $5 million, an 8% increase over the prior quarter, with year-over-year growth of 15% annualized [24][9] - Loan growth accelerated significantly, increasing by $286 million, or 17% annualized, with a 15% increase net of planned runoff from M2 Equipment Finance loans and leases [5][26] Market Data and Key Metrics Changes - Core deposits grew at an annual rate of 6% for the quarter, totaling $410 million, or 8% annualized year to date [6][27] - Total criticized loans improved during the quarter, decreasing 9% year to date [18] - Total provision for credit losses was $4 million, slightly up from the previous quarter, due to loan growth partially offset by improved credit quality [28] Company Strategy and Development Direction - The company operates through three primary lines of business: traditional banking, wealth management, and LIHTC lending platform, all of which delivered improved performance [6] - The digital transformation initiative is on track, with key milestones achieved, including the successful conversion of the core operating system for the first charter [8] - The company is increasing guidance for capital markets revenue to a range of $55 million to $65 million over the next four quarters [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about sustaining loan growth momentum, guiding for gross annualized loan growth in a range of 10% to 15% for the fourth quarter [6] - The company remains committed to maintaining strong regulatory capital while assessing its capital structure to support growth objectives [31] - Management noted that the demand for affordable housing remains high, positioning the LIHTC lending business for growth [10] Other Important Information - The company returned $10 million of capital to shareholders through share repurchases [18] - A new share repurchase program was approved, authorizing the repurchase of up to 1.7 million shares of outstanding common stock [19] - The effective tax rate for the quarter was 9.5%, up from 5% in the prior quarter, primarily due to higher pre-tax income [32] Q&A Session Summary Question: Margin guidance and rate cuts - Management confirmed that the margin guidance of three to seven basis points of expansion does not include any rate cuts, and each 25 basis point cut could see an additional 2 to 3 basis point increase [35][36] Question: Future buybacks - Management indicated that they will remain active in buybacks due to higher earnings per share and reduced need to retain capital for organic growth [36] Question: Securitization appetite and timing - Management anticipates a large permanent loan securitization in the first half of next year, targeting around $350 million [41] Question: NII impact from loan sales and securitizations - Management stated that any give-up in net interest income (NII) from loan sales would likely be replaced by improved capital markets revenue [45] Question: Loan growth expectations for next year - Management expects loan growth to continue in the double digits, with a more accurate guide to be provided in January [50] Question: One-time costs related to conversions - Management indicated that there will be $4 to $5 million of NII expense in 2025 related to conversions, expected to decrease in subsequent years [58] Question: Reserves trend - Management does not expect the allowance for credit losses to drop significantly, as recent reductions have been due to resolving non-performing assets [61]

Core Insights - Merck has selected Shiftconnector to enhance its digital tools in manufacturing, aiming for real-time insights across global operations [1][2] - The integration of Shiftconnector supports Merck's goals for transparency, responsiveness, and efficiency in its supply chain [2][4] - The deployment of Shiftconnector has been successful, reaching over 9,000 users globally within five months, and is now a core component of Merck's Visual Factory [3][4] Company and Industry Impact - Shiftconnector provides a unified view of plant performance, enabling faster decision-making and enhancing operational agility [3][4] - The AI-driven features of Shiftconnector facilitate access to historical insights, crucial for navigating workforce transitions in the pharmaceutical industry [3] - Merck's investment in digital transformation reflects its commitment to innovation and delivering life-saving medicines more efficiently [4]

Core Points - Elo Mutual Pension Insurance Company's holding in Siili Solutions Plc has decreased to 4.18% of the share capital as of 23 October 2025, falling below the 5% threshold due to share transactions [2] - The previous holding was reported at 5.55%, indicating a reduction in their stake [2] - The total number of shares and voting rights held by Elo Mutual Pension Insurance Company is now 340,384 [2] Company Overview - Siili Solutions Plc specializes in AI-powered digital development and aims to assist clients in achieving growth, efficiency, and competitive advantage through digital transformation [3] - The company operates primarily in Finland, the Netherlands, the United Kingdom, and Germany [3] - Siili Solutions Plc has been profitable since its establishment in 2005 and is listed on the Nasdaq Helsinki Stock Exchange [3]

Third Quarter 2025 Investor Presentation © 2023 United Rentals, Inc. All rights reserved. I 1 Introductory information Unless otherwise specified, the information in this presentation, including forward-looking statements, is as of our most recent earnings call held on October 23, 2025. We make no commitment to update any such information contained in this presentation. Certain statements in this presentation are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of ...

Core Insights - AIBotics is strategically expanding its presence in the Caribbean through the acquisition of NovaCore Labs, enhancing its capabilities in AI-driven robotics and digital transformation [1][3][4] - The partnership with KEENON Robotics aims to introduce the XMAN humanoid robot to Jamaican universities and the broader Caribbean market, reinforcing AIBotics' commitment to advancing technology in emerging economies [2][7] - NovaCore Labs has established itself as a leader in immersive technology and cloud-based solutions, providing a solid foundation for AIBotics' growth strategy across CARICOM nations [3][5] Company Developments - AIBotics signed a Letter of Intent to acquire NovaCore Labs, a Google Partner known for its expertise in immersive technology, with plans to close the transaction by the end of 2025 [1][4] - NovaCore's Street View imagery receives approximately one million online views per week, significantly enhancing visibility for Jamaican businesses and landmarks [5] - The collaboration aims to develop AI-powered immersive learning programs and smart infrastructure pilots across multiple territories, empowering education and local governments [6][7] Market Positioning - Jamaica is positioned for tech growth, demonstrating macroeconomic stability and a favorable environment for digital inclusion and innovation, according to the World Bank [8] - The acquisition of NovaCore Labs is seen as a transformational leap for AIBotics, providing access to innovative technologies and partnerships that will accelerate digital transformation in the Caribbean [4][9] - AIBotics plans to leverage NovaCore's partnerships with institutions like the University of the West Indies to introduce advanced AI curricula and smart infrastructure solutions [7][9]

Core Insights - The data center market is experiencing explosive growth driven by the demand for AI, machine learning, and cloud computing technologies [1][2][4] Industry Overview - The global data center market is projected to grow at a compound annual growth rate (CAGR) of 11.2% from 2025 to 2030, largely due to the rapid adoption of digital transformation technologies [2] - In the U.S., which represents 40% of the global market, data centers are expected to grow at a CAGR of 10.7% through the early 2030s, presenting investment opportunities in AI-related infrastructure [3] Company Profile: Quanta Services - Quanta Services, with a market cap of $65.77 billion, specializes in the design, installation, and maintenance of critical infrastructure networks [5] - The company offers full-spectrum services including engineering, procurement, and construction for high-voltage power transmission and distribution, applicable across various industries [6] Financial Performance - Quanta Services reported a year-over-year revenue growth of 21.1% and has an all-time high backlog of nearly $36 billion [9] - The company's net income increased from $486 million in 2021 to $905 million in 2024, marking an over 86% rise, while net cash from operating activities surged by nearly 258% from $582 million to $2.08 billion [12] Market Position and Analyst Ratings - Quanta Services has received a Moderate Buy rating from analysts, with 14 out of 26 recommending a Buy and 12 a Hold [13] - Institutional ownership is significant, with 90% of the company's float held by institutional investors, who have invested $8.66 billion over the past year [13] Future Outlook - The company raised its full-year 2025 financial guidance, projecting earnings growth of 11.13% from $9.34 per share to $10.38 per share for 2026 [11] - Quanta Services is well-positioned to capitalize on the growing demand for AI data centers, which is expected to drive further profitability [4][10]

Core Viewpoint - Morrisons is set to become the first large UK supermarket chain to implement electronic shelf labels (ESLs) across all its stores, enhancing customer experience and operational efficiency through digital innovation [1][3]. Group 1: Implementation of ESLs - Morrisons will deploy 10.8 million smart electronic shelf labels across its 497 supermarkets, with the rollout beginning in early 2026 [1]. - The ESLs will replace paper price tags, providing real-time pricing and product details, and will also highlight discounts and promotions [2][4]. Group 2: Operational Benefits - The ESL system automates manual price updates, reduces paper usage, and allows staff to focus more on customer service [2]. - The technology will integrate with existing digital shelf-edge cameras to help identify stock shortages and improve replenishment speed [2]. Group 3: Digital Transformation Strategy - The ESL rollout is part of a broader digital transformation program at Morrisons, which includes shelf-edge cameras, a digital task management system, and trials of AI-powered shopping trolleys [5]. - Morrisons plans to upgrade its in-store Wi-Fi to enhance digital connectivity and customer experience [3]. Group 4: Financial Performance - In a trading update for the 13 weeks ending July 27, 2025, Morrisons reported a 3% rise in like-for-like sales and an overall sales increase of 3.5% to £4 billion [6].

Core Insights - Euronet reported third quarter 2025 financial results, showing a commitment to innovation and global expansion, with a focus on digital transformation and stablecoin technology [4][6] - The company anticipates adjusted earnings per share growth of 12% to 16% year-over-year, consistent with long-term growth rates [17] Financial Performance - Revenues reached $1,145.7 million, a 4% increase from $1,099.3 million, with a 1% increase on a constant currency basis [7] - Operating income was $195.0 million, a 7% increase from $182.2 million, with a 2% increase on a constant currency basis [7] - Adjusted EBITDA grew to $244.6 million, an 8% increase from $225.7 million, with a 4% increase on a constant currency basis [7] - Net income attributable to Euronet was $122.0 million, or $2.75 diluted earnings per share, compared to $151.5 million, or $3.21 diluted earnings per share [7] Segment Results - The EFT Processing Segment reported revenue of $409.4 million, a 10% increase from $373.0 million, driven by banking services and merchant acquisitions [8] - The Money Transfer Segment experienced revenue growth through digital transformation and strategic partnerships, maintaining strong momentum despite economic pressures [10] - The epay Segment's revenue decline was primarily due to the discontinuation of a mobile activation product in the U.S., with continued growth in payments and branded content distribution [9] Strategic Developments - Euronet signed a strategic agreement with Fireblocks to support stablecoin technology and a Dandelion agreement with Citigroup to enhance cross-border instant payment offerings [6] - The company completed a $1 billion convertible debt offering to enhance financial flexibility [6] Balance Sheet and Financial Position - Unrestricted cash and cash equivalents were $1,172.5 million as of September 30, 2025, down from $1,329.3 million as of June 30, 2025 [12] - Total indebtedness decreased to $2,305.3 million as of September 30, 2025, from $2,438.1 million as of June 30, 2025 [12] Outlook - The company expects revenues of $286.5 million for the upcoming quarter, a 1% decrease from the previous year, with operating income projected at $31.0 million, a 7% increase [15]

Core Points - Emerald Holding, Inc. will release its financial results for the third quarter of 2025 on October 31, 2025, before market opening [1] - A conference call to discuss the results will take place at 8:30 am ET on the same day [1] - The company is the largest U.S.-based B2B event organizer, focusing on creating meaningful connections and delivering commerce-driven solutions [4] Financial Results Announcement - The financial results for Q3 2025 will be announced before the market opens on October 31, 2025 [1] - A conference call will be held at 8:30 am ET to discuss these results [1] Conference Call Details - The conference call can be accessed domestically at 1-800-715-9871 and internationally at 1-646-307-1963 [2] - A telephonic replay will be available starting at 11:30 am ET on the same day, accessible until November 7, 2025 [2] Company Overview - Emerald Holding, Inc. is a leading B2B event organizer in the U.S., providing a portfolio of trade shows, conferences, and B2C showcases [4] - The company aims to empower businesses by enhancing connections and delivering impactful commerce solutions [4] - Emerald serves predominantly small and medium-sized businesses, facilitating streamlined buying, selling, and networking opportunities [4]

Core Insights - Build-A-Bear Workshop has appointed Carmen Flores as Senior Vice President of eCommerce & Digital Experiences to lead the brand's global digital growth strategy [1][2][3] - Flores brings over a decade of experience in digital commerce, having previously held senior roles at The LEGO Group and Richemont, where she drove significant digital transformations [2][3] Company Overview - Build-A-Bear Workshop, founded in 1997, is a multi-generational brand focused on creating personalized stuffed animals, fostering emotional connections with consumers [4] - The company reported consolidated total revenues of $496.0 million for fiscal 2024, indicating a strong financial performance [4] Strategic Focus - Flores will enhance Build-A-Bear's eCommerce business and digital experience strategy, aiming to deliver personalized and seamless interactions across all channels [2][3] - The brand's new communications campaign, "The Stuff You Love," celebrates over 25 years of creating cherished memories, reinforcing its emotional connection with consumers [4]