A leading industrial investment company focused on brands and consumer-oriented industries Investor Presentation 2026 Disclaimer This presentation has been prepared by Orkla ASA (the "Company") solely for information purposes. The presentation does not constitute an invitation or offer to acquire, purchase or subscribe for securities. Certain statements included in this presentation contain various forward-looking statements that reflect management's current views with respect to future events and financial ...

Financial Performance - Overall revenue declined by 5.8% to RMB 12.3 billion, affected by weak consumer demand and air flight traffic fluctuations [4][6] - Retail business revenue declined by 3% worldwide, while wholesale business revenue decreased by 20.3% [4] - Gross profit margin declined by 0.1% to 41%, with total expenses decreasing by 5.5% [6][9] - Net profit declined by 6% on a worldwide basis, with a net profit rate of 6.4% [9][10] - Free cash flow was RMB 1.22 billion, representing 1.5 times the net profit for the same period [13][14] Business Line Performance - Core brand sales revenue decreased by 4.8% to RMB 10.8 billion, while other brand sales revenue declined by 12.2% to RMB 1.4 billion [4] - Online sales discounts were higher than offline, contributing to the increase in online channel sales but negatively impacting gross profit margin [5][6] - Employee headcount decreased by 16% worldwide, with total employee costs down by 5.2% [7] Market Data - The textile and apparel industry grew by 2.5%, slightly faster than the previous year, but the recovery pace was lower than the overall retail sales growth [15] - Consumer segmentation in the sports industry has become more diverse, with a shift towards specialized vertical interest communities [16] Company Strategy and Industry Competition - Topsports is committed to advancing its core strategy and adapting to market changes, focusing on omnichannel retail agility and operational efficiency [2][17] - The company aims to enhance its role within the industrial ecosystem by expanding brand partnerships and improving operational lean management [17][18] - Topsports is focusing on building a diversified user value system and enhancing user relationships through targeted marketing and omnichannel integration [26][27] Management Comments on Operating Environment and Future Outlook - The management acknowledges the challenging external environment but remains optimistic about achieving planned performance [2][3] - The company is committed to fulfilling its full-year guidelines and aims for net profit to remain flat in fiscal year 2026 [61] - Management emphasizes the importance of adapting to evolving consumer habits and enhancing digital intelligence capabilities [19][31] Other Important Information - The company has reduced capital expenditure by 36% and selling and distribution expenses ratio decreased by 0.2% [21] - Topsports is actively engaging in sustainability initiatives, including a used clothing recycling charity [23][24] Q&A Session Summary Question: Future of Nike in China and partnership strategies - Management acknowledges Nike's challenges in the Chinese market and is supportive of their initiatives to improve offline operations [41][42] Question: Sustainability of brand support and product orders - Management believes that as a key partner, Topsports will continue to receive strong support from brands despite market challenges [56][57] Question: Outlook for H2 and product breakdown from Nike - Management expects to fulfill full-year guidelines and maintains a healthy inventory level, with 70% to 80% of Nike products being new [62][61] Question: Development of Aptus project - Aptus is positioned as a social infrastructure for runners, focusing on community engagement and brand partnerships [63][64]

Financial Performance and Key Indicators - Overall revenue declined by 5.8% to RMB 12.3 billion, with retail business down by 3% and wholesale business down by 20.3% [3][5] - Gross profit margin decreased by 0.1% to 41%, while total expenses decreased by 5.5%, leading to a slight increase in expense ratio to 33.2% [5][9] - Net profit declined by 6% on a worldwide basis, with a net profit rate of 6.4%, reflecting a slight reduction of 0.3% [9][13] Business Line Performance - Core brand sales revenue decreased by 4.8% to RMB 10.8 billion, while other brand sales revenue declined by 12.2% to RMB 1.4 billion, primarily affected by lifestyle sports brands [3][5] - Online sales discounts have increased, contributing to a rise in online channel sales but negatively impacting overall gross profit margin [4][5] Market Data and Key Indicators - The textile and apparel industry grew by 2.5%, slightly faster than the previous year, but the recovery pace was lower than the total social consumer goods retail sales growth [15] - Consumer segmentation in the sports industry has become more diverse, with a shift towards specialized vertical interest communities [16][30] Company Strategy and Development Direction - Topsports is committed to advancing its core strategy, focusing on omnichannel retail agility and operational efficiency [2][17] - The company aims to enhance its role within the industrial ecosystem by expanding brand partnerships and optimizing operational capacities [2][17] - Future strategies include reinforcing expansion into emerging scenarios and high-potential areas, with a focus on product R&D and operational lean management [17][34] Management Comments on Operating Environment and Future Outlook - The management acknowledges the challenging external environment but remains optimistic about achieving planned performance [2][34] - The company is focused on maintaining a flat net profit for fiscal year 2026, with an improved net profit rate [49] - Management emphasizes the importance of adapting to changing consumer behaviors and market dynamics [30][34] Other Important Information - Free cash flow was RMB 1.22 billion, with a dividend payout of RMB 868 million, representing 34% of the beginning cash [13][15] - The company has reduced its employee headcount by 16% worldwide, contributing to cost efficiency [6][7] Q&A Session Summary Question: Future of Nike in China and partnership strategies - Management acknowledges Nike's investment in the offline channel and ongoing negotiations to optimize store operations and reduce costs [36][37] Question: Sustainability of brand support and order placements - Management believes that as a key partner, Topsports will continue to receive strong support from brands, despite a decrease in orders [47][48] Question: Outlook for H2 of fiscal year and product orders from Nike - Management expects to fulfill full-year guidelines and maintain a healthy inventory level, with 70% to 80% of products being new [49][50] Question: Development plans for Aptus - Aptus is positioned as a social infrastructure for runners, focusing on community engagement and brand collaborations [51][52]

Financial Performance and Key Indicators - Overall revenue declined by 5.8% to RMB 12.3 billion, affected by weak consumer demand and flight traffic fluctuations [4] - Retail business revenue decreased by 3% year-over-year [4] - Wholesale business revenue declined by 20.3% [5] - Gross profit margin declined by only 0.1 percentage points to 41% despite deeper discounting [7] - Total expenses decreased by 5.5%, with expense ratio slightly increasing to 33.2% [7] - Net profit declined by 6% year-over-year, with net profit rate at 6.4% [11] Business Line Performance - Core brand sales revenue decreased by 4.8% to RMB 10.8 billion, while other brand sales revenue declined by 12.2% to RMB 1.4 billion [5] - Specialized vertical brands performed best, particularly in comprehensive sports and live sports categories [5] Market Data and Key Indicators - The textile and apparel industry grew by 2.5%, but the recovery pace was slower than the overall retail sales growth [20] - Consumer segmentation in the sports industry has become more diverse, with a shift towards specialized vertical interest communities [21] Company Strategy and Development Direction - The company is focused on refining its omni-channel retail agility and operational efficiency [2] - Plans to expand brand partnerships and enhance product R&D to capture segmented demand [22] - Emphasis on building a digital intelligence strategy to improve operational efficiency [23] Management Comments on Operating Environment and Future Outlook - The management remains optimistic about the second half of the fiscal year, aiming for flat net profit and improved net profit rate year-over-year [70] - The company acknowledges challenges in the market but is committed to fulfilling its performance guidelines [70] Other Important Information - Free cash flow was RMB 1.22 billion, representing 1.5 times the net profit for the same period [19] - The company maintains a robust cash generation capacity, with a dividend payout ratio consistent with the previous year [19] Q&A Session Summary Question: Future of Nike in China and partnership strategies - Management noted that Nike's recovery in China is slower than in other markets, and they are supportive of Nike's initiatives to reduce discounts and invest in offline channels [48][49] Question: Sustainability of brand support - Management believes that as a major partner, they will continue to receive strong support from brands, especially in challenging market conditions [65] Question: Outlook for H2 and next fiscal year - Management is committed to fulfilling full-year guidelines and expects net profit to be flat with an improved net profit rate year-over-year [70] Question: Product order breakdown and discount updates - Approximately 70% to 80% of Nike products are new, and the discount rate has stabilized [71][72] Question: Actos project and its future development - Actos is evolving into a community hub for running enthusiasts, emphasizing social interactions and brand collaborations [75][76]

Core Insights - The article emphasizes the importance of catalysts, such as entrepreneurs and innovative thinkers, in driving economic growth and prosperity [1][9][19] Group 1: Role of Catalysts - Catalysts are individuals who take risks and challenge conventions, leading to significant advancements in various sectors [9][19] - Historical examples, such as Neil McElroy's contributions to Procter & Gamble and the establishment of DARPA, illustrate how taking risks can lead to transformative outcomes [4][6][40] - The article argues that a robust supply of risk-takers is essential for fostering innovation and economic development [24][41] Group 2: Economic Impact - Since the mid-1980s, countries that embraced market-driven growth have seen substantial increases in GDP per capita, from $5,578 in 1990 to $22,850 in 2023 [17] - The percentage of people living in extreme poverty has significantly decreased from 39.0% in 1989 to 8.1% in 2020, highlighting the positive effects of entrepreneurship on societal welfare [17] - Small businesses, which account for 43.5% of GDP, play a crucial role in the economy, demonstrating the collective impact of numerous small-scale entrepreneurs [37] Group 3: Encouraging Innovation - The article advocates for creating an environment that rewards risk-taking and innovation, suggesting that both successful and unsuccessful attempts should be recognized [33][34] - It stresses the need for diverse catalysts across various sectors, including government and non-profit organizations, to drive growth and solve collective action problems [39][41] - The balance between encouraging good ideas and managing the risks associated with poor ideas is crucial for sustainable economic development [41]

Core Viewpoint - The article discusses the controversy surrounding Jimmy Kimmel's comments and the subsequent decision by Disney CEO Bob Iger to pull Kimmel off the air, emphasizing that this move is not a capitulation to political pressure but rather a reflection of Disney's brand values and commitment to family-friendly content [1][9][11]. Group 1: Disney's Brand Management - Disney is facing criticism from both political sides regarding the decision to suspend Kimmel, with concerns about the potential damage to the Disney brand [2][4]. - Iger's approach is characterized as a strategic navigation of the brand, aiming to maintain its family-friendly image while avoiding divisive programming [5][9]. - The decision to remove Kimmel is framed as consistent with Iger's long-standing vision for Disney, which prioritizes decency and respect over political commentary [10][20]. Group 2: Political Context and Freedom of Expression - The article highlights the broader implications of President Trump's threats against media outlets and the chilling effect on freedom of expression [3][12]. - Critics argue that the current political climate has blurred the lines between corporate decisions and political bullying, complicating the narrative around Kimmel's suspension [12][20]. - Iger's history of standing against political pressures, including his past decisions regarding controversial figures and content, is presented as evidence of his commitment to maintaining Disney's corporate character [17][19]. Group 3: Kimmel's Comments and Public Reaction - Kimmel's remarks about Trump's mourning process and the associated political violence are described as insensitive, prompting calls for an apology [14][15]. - The article suggests that Kimmel's failure to acknowledge the inappropriateness of his comments could jeopardize his future on broadcast television [15]. - There is a recognition that while Kimmel's humor is valued, it must align with the standards of responsible broadcasting, especially in sensitive contexts [13][14].

As filed with the Securities and Exchange Commission on August 15, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Synergy CHC Corp. (Exact Name of Registrant as Specified in its Charter) _____________________________________ Nevada 2833 99-0379440 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Co ...

As filed with the Securities and Exchange Commission on January 16, 2024 Registration Statement No. 333-275626 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No.2 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Able View Global Inc. (Exact name of registrant as specified in its charter) Cayman Islands 5960 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary standard industrial classification code number) (I.R.S. Employ ...