Leading Global IoT Telematics Software & Solutions Company MARCH 2020 Cautionary Note Regarding Forward-looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws. Forward-looking statements include statements with respect to PowerFleet's beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond ...

Core Insights - Kulicke and Soffa Industries, Inc. has formed a strategic partnership with Lavorro Inc. to enhance smart manufacturing solutions in the semiconductor industry, focusing on actionable insights and scalable knowledge reuse [1][2][3] Group 1: Partnership Details - The collaboration aims to integrate Kulicke and Soffa's existing solutions, such as APTURA™ equipment and KNeXt™ connectivity, with Lavorro's generative AI platform to improve factory performance and reduce operational costs [2] - Lavorro's platform includes tools like FabAssist.ai™ and ToolAssist.ai™, which utilize natural language processing and machine learning to provide virtual assistants that enhance diagnostics, recipe optimization, and maintenance workflows [2][3] Group 2: Benefits and Implementation - The partnership is expected to deliver significant value by improving mean-time-to-repair (MTTR) and mean-time-between-failures (MTBF), while also formalizing expert knowledge to accelerate onboarding and decision-making [2][3] - Solutions from this collaboration are available for early adoption, supporting both on-premise and cloud-based environments, with anticipated rapid return on investment through improved tool uptime and enhanced yield [3] Group 3: Company Backgrounds - Kulicke and Soffa is recognized as a global leader in semiconductor assembly technology, serving various markets including automotive and communications, and has a history of innovation since its founding in 1951 [4] - Lavorro specializes in Generative AI for semiconductor manufacturing, providing knowledge-driven decision support and automation solutions that are trusted by fabs and equipment manufacturers globally [5]

Group 1 - Ayvens has received notification from the Autorité de Contrôle Prudentiel et de Resolution (ACPR) regarding the implementation of Minimum Requirement for Own Funds and Eligible Liabilities (MREL) requirements effective from 31 December 2026, with a total MREL requirement of 19.95% of the Ayvens Group's Risk-Weighted Assets (RWA) and 5.91% of the leverage ratio exposure [1][2] - As a non-resolution entity within the Societe Generale resolution group, Ayvens plans to increase its eligible liabilities by raising intragroup Senior Non-Preferred debt to meet the MREL requirement on a consolidated basis [2] - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions to various clients including large international corporates and SMEs [3][4] Group 2 - The company employs over 14,000 staff across 41 countries and manages a fleet of 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet, positioning itself to lead in the transition to net zero and digital transformation in the mobility sector [4] - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and Ticker AYV, and is majority-owned by Societe Generale Group [4]

AZOUR, Israel, May 28, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of June 18, 2025. The Company will pay the dividend out on July 2, 2025, net of taxes at the rate of 25%. In its decision to approve the distribution of the cash dividend, the Board of Directors examined wheth ...

Approved by the combined General Meeting dated 19 May 2025 This description is drawn up in accordance with the provisions of Articles 241-1 and 241-2 I of the General Regulation of the French Financial Markets Authority (Autorité des Marchés Financiers). Date of the General Meeting called to approve the share buyback programme The authorisation for the Company to buy its own shares was approved at the combined General Shareholders' Meeting dated 19 May 2025. Breakdown by objective of the securities held ...

Ayvens reports share buyback transactions executed on 7 May 2025 under Article 5 of Regulation (EU) No 596/2014 on Market Abuse Regulation and Article 3(3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programs and stabilization measures. The transactions are part of the share buyback program authorized by the combined General Meeting dated 14 May 2024, a description of which is accessib ...

Financial Data and Key Metrics Changes - First quarter adjusted EBITDA was $591 million, an increase from $544 million in the prior period [16] - Adjusted EFO for the quarter was $345 million, which included a $114 million net gain from the sale of an offshore oil services operation [16] Business Line Data and Key Metrics Changes - The Industrial segment generated adjusted EBITDA of $304 million, benefiting from $72 million in tax benefits and contributions from a newly acquired electric heat tracing manufacturer [16] - The Business Service segment's adjusted EBITDA was CAD 213 million, up from CAD 205 million in 2024, driven by strong performance in residential mortgage insurance and improved project execution in construction [17] - The Infrastructure Services segment's adjusted EBITDA was $104 million, down from $143 million in the same quarter last year, impacted by the sale of offshore oil services [18] Market Data and Key Metrics Changes - Demand for advanced batteries in the advanced energy storage operation increased, contributing positively to results [17] - The company noted some demand headwinds in parts of Europe and softness in discretionary demand [14] Company Strategy and Development Direction - The company aims to own market-leading businesses and enhance their performance and cash flows, focusing on capital recycling and strategic acquisitions [4][5] - The strategy includes investing in areas like relocalization and digitalization, with a strong emphasis on the U.S. market as an attractive destination for capital [6][7] - The company is positioned to take advantage of growth opportunities and has recently agreed to acquire Antilia Scientific, a manufacturer of critical lab consumables [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating economic cycles and adapting to changes, despite potential impacts from tariffs and global growth downturns [5][11] - The company is preparing for a more uncertain outlook over the next 12 to 18 months, while recognizing the resilience of its businesses [14][15] Other Important Information - The company ended the quarter with approximately CAD 2.3 billion in liquidity at the corporate level, allowing for continued buybacks and strategic investments [19] - A $250 million repurchase program was launched, with $140 million already returned to shareholders [4][19] Q&A Session Summary Question: Impact of tariffs on Dexco's EBITDA - Management indicated that while there are signs of recovery in North America, the market remains muted, and they are managing costs effectively to improve margins [22][23] Question: Status of Clarios' tax filing - Management confirmed that there are no changes in views regarding tax credits, and the tax return for 2024 is being processed normally [24][25] Question: Plans for returning capital to shareholders - The company is exploring monetization opportunities and may consider a larger share buyback program, depending on market conditions [26][28] Question: Realignment at Scientific Games - Management highlighted significant opportunities in digitizing the lottery ecosystem and has appointed a new head of digital to drive this initiative [32][33] Question: Participation in Barclays payments business - The company confirmed participation in the Barclays investment, aligning with its strategy in financial infrastructure [35][36] Question: Performance of Unidos in Brazil - The fleet management side of Unidos is performing well, with stable pricing, while the car rental side is also doing fine despite rising interest rates [46][49]

Core Insights - Element Fleet Management Corp. reported solid financial results for Q1 2025, demonstrating resilience in uncertain market conditions with a 5% year-over-year increase in net revenue [3][7][10] - The company effectively navigated challenges posed by global trade tensions, maintaining strong client demand and a global order backlog of $2 billion [3][6][25] - Adjusted operating income and margins improved, reflecting operational efficiency and effective cost management strategies [20][21][18] Financial Performance - Net revenue for Q1 2025 was $275.7 million, up 5% from Q1 2024, with adjusted net revenue also reflecting a 5% increase [2][3] - Pre-tax income rose to $136.5 million, a 12% increase quarter-over-quarter and an 11% increase year-over-year [2][3] - Adjusted EPS for Q1 2025 was $0.28, representing an 8% increase from the previous year [2][3][37] Revenue Breakdown - Services revenue increased by 4% year-over-year to $152 million, with a 9% growth when excluding certain items from Q1 2024 [10][11] - Net financing revenue grew by 4% year-over-year, driven by strong financing income despite foreign exchange impacts [12][13] - Syndication volume increased by 21% year-over-year, although it saw a significant decrease quarter-over-quarter due to a bulk sale of a lease portfolio [14][15] Operating Expenses and Margins - Adjusted operating expenses rose by 5% year-over-year to $125 million, with a moderation in growth expected to continue through 2025 [18][19] - Adjusted operating margin for Q1 2025 was 54.7%, unchanged year-over-year, but improved when excluding the impact of prior year items [21][20] Shareholder Returns - The company returned $77 million to shareholders in Q1 2025 through dividends and share repurchases [25][26] - A quarterly cash dividend of CAD$0.13 per common share was declared for Q2 2025, payable on July 15, 2025 [26][27] Strategic Initiatives - Element's strategic focus on client success and operational resilience has positioned it well to adapt to market uncertainties [6][3] - The company plans to be more active under its normal course issuer bid, with approval to purchase up to 40.4 million common shares [27][28] Balance Sheet and Leverage - As of March 31, 2025, the debt-to-capital ratio was 74.9%, reflecting a slight increase from the previous year [30][34] - The company maintains a strong investment-grade balance sheet, targeting a debt-to-capital range between 73% to 77% [30][34]

Q1 2025 RESULTS Gross operating income stood at EUR 819 million, up +3.3% vs. EUR 793 million in Q1 2024 Leasing and Services margins stood at EUR 708 million, up +2.9% vs. EUR 689 million in Q1 2024. Underlying margins1 stood at 562 bps of average earning assets in Q1 2025 vs. 522 bps in Q1 2024.Used car sales (UCS) result and depreciation adjustments stood at EUR 111 million up +5.8% vs. EUR 105 million in Q1 2024 thanks to slower used car sales market normalization and lower depreciation adjustments. U ...