Core Points - The Annual General Meeting (AGM) of Multitude AG is scheduled for April 24, 2026, at 10 a.m. in Zurich, Switzerland, and will focus on formal agenda items without a presentation of the 2025 annual results [2][3] - The total number of shares is 21,723,960, with 311,820 treasury shares, resulting in 21,412,140 voting rights [3] - The Board of Directors proposes a dividend of EUR 0.55 per share, totaling EUR 11,776,677, with the remaining earnings of EUR 59,512,429 to be carried forward [6][7] Agenda and Proposals - The Board of Directors proposes the approval of the Combined Management Report, Separate Financial Statements, and Consolidated Financial Statements for 2025, which were confirmed without reservations by the independent auditors [4][5] - The ESG Report 2025, detailing Multitude AG's non-financial matters and commitments to environmental and social issues, is also proposed for approval [8][9] - The Board of Directors seeks discharge for its members for the 2025 business year, asserting no facts preclude full discharge [11] Board Elections - The Board of Directors proposes re-election of all current members, including Ari Tiukkanen as Chairman, ensuring the board's competencies align with the company's goals [12][13] - The People and Culture Committee will also see re-elections for its members, including Ari Tiukkanen and Lea Liigus [15][16] Auditor and Proxy Proposals - PricewaterhouseCoopers AG is proposed for re-appointment as auditors for the 2026 business year, having confirmed their independence [19] - Martin Rechtsanwälte GmbH is proposed for re-election as the Independent Proxy until the next ordinary General Meeting [17][18] Remuneration - The Board proposes approval of the aggregate remuneration of EUR 76,000 paid to the Board members since the company's relocation to Switzerland [22][23] - A maximum aggregate remuneration amount of EUR 200,000 for the Board members until the next ordinary General Meeting is also proposed [24][25] - The maximum aggregate remuneration for the Group Executive Board for the business year 2027 is proposed at EUR 4,900,000 [26][27] Attendance and Voting - Shareholders must be registered by April 13, 2026, to vote, with options for in-person, proxy, or remote voting available [29][31] - The AGM will be conducted in English, and there will be no reception following the meeting [33][34]

Summary of Impala Platinum Conference Call Company Overview - **Company Name**: Impala Platinum (Implats) - **Trading Symbols**: JSE: IMP, OTCQX: IMPUY, IMPUF - **Industry**: Platinum Group Metals (PGMs) production - **Geographic Presence**: Operations in South Africa, Zimbabwe, and Canada [2][3] Core Business and Strategy - **Business Model**: Integrated global PGM producer, operating across the full value chain from exploration to refined metal production [2][3] - **Resource Base**: Over 315 million ounces of precious metals in the ground [4] - **Sustainability Focus**: Emphasis on minimizing environmental footprint and community engagement [4][5] - **Value Proposition**: Driven by operational excellence, sustainable development, and addressing stakeholder needs [5][6] Financial Performance - **Revenue Drivers**: Platinum, palladium, and rhodium contribute over 85% of revenue [21] - **Price Performance**: 40% uplift in basket price per ounce produced over the last 12 months, leading to significant earnings and free cash flow growth [26][23] - **Capital Allocation**: Minimum of 30% of free cash flow returned to shareholders, with plans for increased capital expenditure by 10%-15% [27][31] Market Dynamics - **Demand Trends**: Demand for PGMs is categorized into consumer (jewelry and investment), automotive (emission control), and non-auto industrial applications [20] - **Future Outlook**: Anticipated structural growth in hydrogen and fuel cell technologies, expected to offset potential declines in automotive demand for PGMs [32][35] - **Supply-Demand Gaps**: Current deficits in platinum, palladium, rhodium, iridium, and ruthenium, with expectations for balance or surplus in palladium and rhodium [38] Stakeholder Engagement - **Community Investment**: Strong focus on social responsibility, creating meaningful employment, and supporting local communities [10][17] - **Employee Safety**: Commitment to achieving zero harm in operations, with a focus on employee wellness and safety [14][15] - **Governance**: High standards of governance recognized in the industry, contributing to operational stability [13][14] Environmental, Social, and Governance (ESG) Initiatives - **ESG Framework**: Integral to business operations, focusing on environmental performance metrics such as energy and carbon intensity [12][19] - **Recognition**: Consistent top performer in international surveys tracking ESG performance [17][18] Conclusion - Impala Platinum is positioned for growth with a strong balance sheet, a focus on sustainability, and a commitment to stakeholder engagement. The company is navigating market dynamics effectively, with a clear strategy for capital allocation and future demand trends in the PGM sector.

SHAREHOLDER PRESENTATION | March 2026 Important Disclosures Forward-looking Statements The information set forth herein contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. These statements include the plans and objectives of management for future operations, including plans and objectives relating to fu ...

Core Insights - Emirates NBD has launched the ENBD X Carbon Calculator to help customers verify their carbon footprint based on daily transactions [1][2] - The initiative aligns with Emirates NBD's broader Environmental, Social, and Governance (ESG) strategy and supports the UAE's transition to a low-carbon future [2][3] Product Features - The Carbon Calculator automatically analyzes customer transactions to estimate associated CO2 emissions [2] - It provides visual representations of data, enabling customers to measure, manage, and reduce their emissions by altering spending patterns [2][6] - The app includes personalized insights, monthly breakdowns of carbon footprint, educational resources, and interactive elements to engage users [6] Strategic Commitment - Emirates NBD is committed to achieving Net-Zero by 2050 and is making strategic investments to support a low-carbon future in the UAE [3] - The bank serves over 9 million active customers across 13 countries and has previously published an IFRS S1 and S2-aligned report [3]

Core Insights - JCDecaux has secured a 10-year exclusive advertising contract with CFL, the Luxembourg National Railway Company, to operate advertising assets across the Grand Duchy of Luxembourg, emphasizing a 100% digital offering [1][8] Group 1: Contract Details - The new contract will commence on June 1, 2026, and includes a rollout of a new media concept tailored for Luxembourg's rail network [3] - The advertising system will expand from 24 to 44 stations, featuring 143 digital screens nationwide, achieving a fully digital inventory [4] Group 2: Technological Advancements - The latest-generation screens (75-inch and 55-inch) will provide superior image quality while being energy-efficient, integrated with JCDecaux's Adtech ecosystem for high-performance advertising campaigns [5] - The digital offering will utilize programmatic advertising capabilities through integration with VIOOH and Displayce platforms, allowing brands to target audiences effectively [5] Group 3: Sustainability and Innovation - JCDecaux aims to enhance passenger experience and advertiser visibility while adhering to high standards of service quality and sustainability, focusing on renewable energy and waste management [6] - The company will employ a 100% electric vehicle fleet for maintenance and utilize rainwater for operations, with adaptive lighting systems in place [6] Group 4: Market Position - The renewal of the advertising concession reinforces JCDecaux's status as a leading outdoor advertising partner in Luxembourg, aligning with the country's modernization and digitization efforts [8] - JCDecaux's extensive portfolio includes advertising concessions for bus shelters, Luxembourg Airport, and shopping malls, showcasing its diversified offerings in the region [7]

Core Insights - The iShares ESG Advanced Total USD Bond Market ETF (EUSB US) is designed to provide broad USD taxable exposure across various bond types while excluding the energy sector [1] Group 1: Portfolio Construction - The underlying index is the Bloomberg MSCI US Universal Choice ESG Screened Index, which includes Treasuries, government-related, securitized, and corporate bonds [1] - Constituents are selected from the Bloomberg US Universal universe with a minimum maturity of one year and specific liquidity thresholds for different bond types [1] - ESG eligibility criteria include an MSCI ESG Rating of at least BBB and a Controversy Score of 3 or higher, along with exclusions for certain industries such as adult entertainment, alcohol, civilian firearms, and fossil fuels [1] Group 2: Market Value and Rebalancing - The index is market-value weighted and rebalanced on a monthly basis to match pre-screen sector exposures [1] - Key liquidity thresholds include Treasuries/government-related/corporates at a minimum of USD 300 million, high yield at USD 150 million, MBS pool aggregates at USD 1 billion, and ABS and CMBS deals at USD 500 million with tranches of at least USD 25 million [1]

Core Viewpoint - iShares ESG MSCI EM Leaders ETF (LDEM) offers broad exposure to emerging markets, focusing on companies recognized for strong sustainability practices, aiming to balance regional diversification with an emphasis on governance and environmental management [1] Investment Strategy - The ETF employs a transparent, rules-based selection and weighting approach, favoring higher-quality balance sheets and lower controversy risk while maintaining sector diversity [1] - Periodic reconstitution of the portfolio may lead to modest turnover as constituents change over time [1] Risk/Return Characteristics - The risk/return profile typically reflects core emerging market beta, adjusted for exclusions and quality tilts, with income being incidental to total return and varying by regional dividend policies [1] Target Audience - Suitable for allocators using strategic equity models seeking emerging market exposure with defined sustainability criteria, as well as wealth managers implementing ESG frameworks across client portfolios [1] Market Conditions - The ETF may be particularly attractive when governance risk and external funding dependencies are prioritized, but it could underperform during commodity-led rebounds that favor lower-rated issuers [1] - It is important to monitor methodology capacity and concentration limits in markets with lower liquidity [1]

Core Investment Proposition - ClearBridge Large Cap Growth ESG ETF (LRGE) aims for long-term capital appreciation by investing in high-quality U.S. growth franchises with durable earnings, competitive advantages, and reinvestment opportunities [1] - The strategy incorporates ESG analysis into the research process and blends multiple growth archetypes, including mature compounders, secular growers, and select emerging innovators [1] - Portfolio construction focuses on concentrating capital in the best ideas while managing risks related to single-name and thematic crowding, which helps mitigate cyclicality across different business and policy environments [1] Investment Strategy and Focus - Factor tilts emphasize quality, profitability, and earnings stability rather than aggressive revenue growth, recognizing that growth drawdowns often result from multiple compression rather than fundamental issues [1] - LRGE can function as a core large-cap growth component, an alpha engine alongside passive investments, or a thematic anchor for long-term capital [1] - The ETF faces challenges when interest rate expectations rise quickly or when risk appetite shifts towards deep value investments, but it benefits when fundamentals regain leadership [1] Risk Management - A key risk to monitor is valuation discipline, as overpaying for growth can extend payback periods and increase downside risk [1]

Core Viewpoint - iShares ESG MSCI USA Leaders ETF (SUSL) focuses on U.S. large- and mid-cap equities, emphasizing companies that excel in financially material sustainability factors while maintaining broad market representation [1] Group 1: Investment Proposition - SUSL employs a rules-based process to screen and reweight constituents, enhancing portfolio quality and governance profile without sacrificing sector diversification [1] - The ETF is expected to behave in alignment with core U.S. equity beta, exhibiting a quality and low-risk bias, with income being a secondary outcome based on constituents' payout policies [1] - Typical users of SUSL include institutional allocators with policy-aligned mandates and advisors seeking scalable building blocks for clients with documented ESG preferences [1] Group 2: Performance and Risk - The ETF may be particularly relevant when investors prioritize governance and risk management discipline, although it may underperform during sharp rallies driven by lower-rated or distressed cyclicals [1] - A key risk to monitor is style drift relative to the parent universe, which may arise from exclusions and reweightings that could lead to concentrated sector exposures over time [1]

Core Insights - Valeura Energy Inc. reported a strong Q4 2025 performance, achieving a record cash position and successful drilling campaign, which is expected to enhance reserves replacement and long-term shareholder value [1][4][9] Q4 and Full Year 2025 Highlights - Average working interest share oil production before royalties was 24.7 mbbls/d in Q4 2025, marking a 7.6% increase from the previous quarter [9][10] - Full year average oil production reached 23,242 bbls/d, a 1.8% increase over 2024 [10] - The company achieved a record cash position of US$305.7 million with no debt as of December 31, 2025 [12] - Oil sales totaled 2.523 million bbls in Q4 2025, leading to revenue of US$161.4 million, while full year revenue was US$594.4 million [11][9] 2026 Guidance Highlights - The company aims for a working interest share oil production of 19,500 - 22,500 bbls/d in 2026, with a mid-point target of 21,000 bbls/d [22] - Planned capital expenditure and exploration spending for 2026 is estimated between US$175 million and US$195 million, including US$70 million for the Wassana field redevelopment [21] - Adjusted operating expenses for 2026 are forecasted to be between US$190 million and US$220 million, potentially the lowest since assuming operatorship in Thailand [23] Operations Update - Valeura completed nine production-oriented development wells in Q4 2025 with a 100% success rate, contributing to increased production rates [9][16] - The company is progressing with the Wassana field redevelopment, which is 45% complete and on track for first oil production in Q2 2027 [14] - GHG intensity has been reduced by 30% since acquiring the Thailand portfolio in 2023, with a 13% reduction in 2025 alone [5][13] Future Growth and Exploration - Valeura is actively pursuing growth opportunities, including a farm-in transaction with PTT Exploration and Production Plc for Blocks G1/65 and G3/65 in the Gulf of Thailand [25] - The company is also engaged in a deep gas play in Türkiye, with ongoing testing operations showing promising results [15] - The 2026 work program includes drilling 16 development and appraisal wells across multiple fields to mitigate natural production declines and add reserves [20]