JD.com, Inc. Financial and Operational Highlights Nov 2025 This document does not contain all relevant information relating to the Company or its securities, particularly with respect to the risks and special considerations involved with an investment in the securities of the Company. Nothing contained in this document shall be relied upon as a promise or representation as to the past or future performance of the Company. Past performance does not guarantee or predict future performance. You acknowledge tha ...

Link Media Outdoor - Revenue increased by 2.5% YoY to $11.8 million in Q3 2025[9, 11] - Adjusted EBITDA reached a record high of approximately $4.8 million, a 5.6% increase YoY[9, 11] - Land costs accounted for 18.2% of revenue[9, 11] Boston Omaha Broadband - Total new fiber passings were approximately 4.2k, with approximately 1.7k new fiber subscribers YTD 2025[14] - Adjusted EBITDA was approximately $3.2 million, which excludes Fiber Fast Homes[9] - Fiber Fast Homes revenue increased by 68.4% YoY to $0.7 million in Q3 2025[17] - Fiber Fast Homes had approximately 0.4k new fiber passings and approximately 1.2k new fiber subscribers YTD 2025[17, 18] General Indemnity Group - Revenue increased by 4.7% YoY[9, 21] - The loss ratio was 25.3%, attributed to larger claim payments and increased reserves on outstanding contract bonds[9, 21] - Adjusted EBITDA was approximately negative $0.3 million[9] Investments and Cash - Sky Harbour investments had a GAAP value of $82.7 million and a market value of $126.9 million[24] - The company had unrestricted cash of $22.9 million and U S Treasury securities of $18.2 million as of September 30, 2025[26]

Financial Performance & Guidance - The company is on track to deliver 2025 financial targets with organic revenue growth of 6.0-6.5% ex-InnovaMatrix®[14] - Adjusted operating profit margin is expected to be 22.0-22.5%, including approximately (30) bps tariff headwinds[15, 23] - The company anticipates double-digit adjusted EPS growth with strong cash conversion[15, 23] - InnovaMatrix® revenue is expected to be around $70 million in 2025[15, 22] - Capex is expected to be $160-180 million[15] Strategic Progress & Outlook - New products are driving broad-based growth across all categories[14, 23] - The company is reiterating medium-term targets, including 5-7% organic revenue growth and double-digit adjusted EPS growth[22] - In 2026, InnovaMatrix® is projected to be ≤2% of Group revenue[21] - The company expects further adjusted operating margin expansion and double-digit adjusted EPS growth in 2026[21, 23] Business Segment Performance - Infusion Care shows strong growth, with non-diabetes accounting for approximately 15% of IC revenue[14, 19]

Financial Performance - Operating capital generation (OCG) reached EUR 340 million, putting the company on track to meet the 2025 target of around EUR 1.2 billion[4] - Cash Capital at Holding stands at EUR 1.9 billion, reflecting capital return to shareholders offset by proceeds from a.s.r share sale[4] - Free cash flow was EUR 76 million, a decrease of 5% compared to 3Q 2024[28] Business Segment Performance - Americas OCG increased by 6% to EUR 222 million compared to 3Q 2024[29] - UK OCG decreased by 24% to EUR 44 million compared to 3Q 2024, due to higher new business strain[29] - Asset Management OCG increased by 23% to EUR 40 million compared to 3Q 2024, benefiting from favorable non-recurring variances[29] Transamerica (US) - New individual life sales increased by 39% due to a successful product launch and increasing IUL sales in WFG[13] - IRA Assets under Administration (AuA) increased by EUR 2.3 billion compared to 3Q 2024, reaching EUR 14.5 billion[12] - The number of WFG licensed agents increased from 82,000 in 3Q24 to 93,000 in 3Q25[6] UK Platform Business - Net outflows in the UK platform business were EUR 1.2 billion, impacted by the departure of two large, low-margin workplace schemes[15]

Earnings Results (Q3 2025) - Sales increased by KRW 39.2 billion (+11.1%) from KRW 354.5 billion in 3Q 2024 to KRW 393.7 billion in 3Q 2025 [5, 7] - Operating profit increased by KRW 5.5 billion (+13.1%) from KRW 42.0 billion in 3Q 2024 to KRW 47.5 billion in 3Q 2025 [5] - Net profit increased by KRW 8.8 billion (+26.0%) from KRW 33.9 billion in 3Q 2024 to KRW 42.7 billion in 3Q 2025 [5] Sales Review (Q3 2025) - Thermal sales increased by KRW 6.8 billion (+6.7%) year-over-year (YOY) due to an increase in planned outage [7] - Nuclear Hydro sales increased by KRW 18.6 billion (+11.7%) YOY due to an increase in planned outage [7] - Overseas sales increased by KRW 10.6 billion (+30.4%) YOY, driven by an increase in overseas thermal retrofit projects [7] - Domestic Non-KEPCO sales increased by KRW 1.9 billion (+6.0%) YOY, due to an increase in life extension construction [7] Operating Expenses Review (Q3 2025) - Material costs decreased by KRW 2.5 billion (-10.4%) YOY [8] - Labor costs increased by KRW 7.9 billion (+5.9%) YOY, primarily due to an increase in planned outage outsourcing costs [8] - Other costs increased by KRW 28.3 billion (+18.4%) YOY [8] Consolidated Income Statement (Q3 2025) - Accumulated sales increased by KRW 9.8 billion (+0.9%) YOY from KRW 1,125.9 billion to KRW 1,135.7 billion [10] - Accumulated net income decreased by KRW 32.2 billion (-23.5%) YOY from KRW 137.0 billion to KRW 104.8 billion [10] Consolidated Financial Position (Sep. 2025 vs Dec. 2024) - Current assets decreased by KRW 43.5 billion (-4.1%) due to a decrease in accounts receivable [12] - Non-current liabilities increased by KRW 46.7 billion (+326.6%) due to an increase in defined benefit obligation [12]

Financial Performance - Total revenues increased by 22.3% to RMB200.9 million (US$28.2 million) in Q3 2025, from RMB164.3 million in Q3 2024[3] - Net advertising revenues increased by 7.3% to RMB159.3 million (US$22.4 million) in Q3 2025, from RMB148.4 million in Q3 2024[3] - Paid services revenues increased significantly by 161.6% to RMB41.6 million (US$5.8 million) in Q3 2025, compared to RMB15.9 million in Q3 2024[4] - Revenues from paid contents increased substantially by 279.2% to RMB38.3 million (US$5.3 million) in Q3 2025, from RMB10.1 million in Q3 2024, driven by digital reading services[4] - Revenues from E-commerce and others decreased by 43.1% to RMB3.3 million (US$0.5 million) in Q3 2025, from RMB5.8 million in Q3 2024, due to scaling down the E-commerce business[4] - Gross profit increased by 53.6% to RMB95.7 million (US$13.4 million) in Q3 2025, from RMB62.3 million in Q3 2024, with gross margin at 47.6% compared to 37.9%[6] - Net loss attributable to Phoenix New Media Limited decreased to RMB4.9 million (US$0.7 million) in Q3 2025, compared to a net loss of RMB18.5 million in Q3 2024[12] Expenses and Losses - Cost of revenues increased by 3.1% to RMB105.2 million (US$14.8 million) in Q3 2025, from RMB102.0 million in Q3 2024[5] - Total operating expenses increased by 23.6% to RMB109.0 million (US$15.3 million) in Q3 2025, from RMB88.2 million in Q3 2024, mainly due to higher sales and marketing expenses[8] - Loss from operations was RMB13.3 million (US$1.9 million) in Q3 2025, compared to a loss of RMB25.9 million in the same period of 2024[9] Business Outlook - The company expects total revenues for Q4 2025 to be between RMB205.9 million and RMB220.9 million, with net advertising revenues between RMB171.4 million and RMB181.4 million, and paid services revenues between RMB34.5 million and RMB39.5 million[16]

Financial Performance (Q3 2025) - Net revenues remained stable at RMB673 million (or $95 million) compared to Q3 2024[20] - Gross profit decreased to RMB264 million (or $37 million) from RMB300 million in Q3 2024[20] - Gross margin decreased to 392% from 446% in Q3 2024[20] - Total operating expenses decreased to RMB370 million (or $52 million) from RMB477 million in Q3 2024[20] - Net income attributable to ACG was RMB24 million (or $03 million), a significant improvement from a loss of RMB147 million in Q3 2024[20] Financial Performance (9M 2025) - Net revenues increased by 71% to RMB1790 million (or $251 million) compared to 9M 2024[16, 22] - Gross profit increased by 32% to RMB801 million (or $112 million) compared to 9M 2024[16, 23] - Gross margin decreased to 447% from 464% compared to 9M 2024[24] - Net loss attributable to ACG decreased to RMB(217) million (or $(31) million) from RMB(494) million compared to 9M 2024[24] Operational Highlights (Q3 2025) - Portfolio Training Services remained the main revenue contributor, accounting for 719% of total net revenues[19] - Project-based programs credit hours increased 229% year-over-year, accounting for 811% of total credit hours delivered[19] FY 2025 Guidance - The company is on track to achieve FY 2025 revenue guidance of approximately RMB276 million – RMB281 million, representing approximately +3% to +5% growth vs FY 2024[35]

For personal use only CEO Presentation Annual General Meeting 13 November 2025 ASX: SRL OTC: SREMF Disclaimer Important Information To the maximum extent permitted by law, Sunrise is not responsible for updating, nor undertakes to update, this Presentation. It should be read in conjunction with Sunrise's other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au or https://sunriseem.com/investor-centre/asx-announcements/ Not an offer Neither this Presen ...

Company Overview - CMCO's Total Addressable Market (TAM) is estimated at $34 billion[11] - The company's TTM Net Sales are $978 million[11] - The company's TTM Adjusted EBITDA Margin is approximately 15%[11] - The company's TTM Free Cash Flow Conversion is greater than 100%[11] - Lifting Solutions account for 62% of the company's revenue[24] Kito Crosby Acquisition - Kito Crosby's 2024 Revenue is $1.1 billion[37] - Kito Crosby's revenue CAGR from 2021-2024 is 7%[37] - Lifting & Securement Consumables account for 54% of Kito Crosby's revenue[38] - North America accounts for 56% of Kito Crosby's revenue[37] Financial Performance - The company's Adjusted EBITDA is $142.047 million[52] - The company's Free Cash Flow (FCF) is $29.365 million[55]

Financial Performance - Revenue for Q3 2025 was $676.8 million, compared to $671.5 million in Q3 2024[16, 20], representing a growth of approximately 0.8%[20] - Adjusted EBITDA for Q3 2025 was $66.4 million, while in Q3 2024 it was $71.4 million[20] - Same-center revenue for Early Childhood Education (ECE) was $616.9 million in Q3 2025, nearly the same as $616.7 million in Q3 2024[16], showing a 0.0% change[30] - The company updated its FY25 guidance with revenue projected between $2.72 billion and $2.74 billion, and adjusted EBITDA between $290 million and $295 million[37] Operational Metrics - The number of early childhood education centers increased from 1,573 in September 2024 to 1,595 in September 2025[16], a net increase of 22 centers - Before- and after-school sites increased from 1,018 in September 2024 to 1,138 in September 2025[16], a net increase of 120 sites - Average weekly ECE Full Time Enrollments (FTEs) decreased from 143,298 in Q3 2024 to 140,515 in Q3 2025[16] - ECE same-center occupancy decreased from 68.6% in Q3 2024 to 67.0% in Q3 2025[16], a decrease of 160 basis points[30] Strategic Initiatives - Champions added over 200 new sites year-to-date, bringing the trailing twelve-month (TTM) net total to 120 additional sites[13] - The company signed 20 new employers in Q3, resulting in 317,000 additional employees eligible for the tuition benefit program[14] - The company opened 3 new KinderCare for Employers on-site centers in Q3, with an average employer on-site portfolio occupancy exceeding 70%[13]