Q1 FY26 Highlights - Operating portfolio increased by 23% year-over-year (YoY) due to the commissioning of 2.2 GW since July 2024[19, 21] - Committed portfolio stands at 18.2 GW (+1.1 GWh BESS), with 3.7 GW of PPAs signed in the trailing twelve months (TTM) and a pipeline of 25 GW+ (+~3 GWh BESS)[19] - Adjusted EBITDA for Q1 FY26 reached INR 27.2 billion, a 43% increase YoY[19] - Profit After Tax (PAT) for Q1 FY26 was INR 5.1 billion, a ~13x increase YoY[19] Manufacturing Performance - Over 900 MW of modules and 400 MW of cells were produced in Q1 FY26[19] - Adjusted EBITDA from manufacturing was INR 5.3 billion[19] - FY26 Adjusted EBITDA guidance from manufacturing revised from INR 5-7 billion to INR 8-10 billion[19] ESG and Sustainability - Scope 1 and 2 GHG emissions reduced by 18.2% from the baseline, exceeding the target of 12.6%[19] - Water saved amounted to 540,372 cubic meters, a 51% YoY increase[19] Financial Guidance - FY26 Adjusted EBITDA guidance is INR 87-93 billion (includes INR 8-10 billion from manufacturing + INR 1-2 billion gain from asset sales)[54] - Total committed portfolio is expected to reach 18.2 GW[54]

IDEXX Laboratories, Inc. Investor Day August 15, 2024 Innovation-Driven Growth Strategy Jay Mazelsky President and Chief Executive Officer Spider & Shu Shu 2024 IDEXX Investor Day Agenda | Time Topic | | Length | | --- | --- | --- | | 8:00 – 8:05 am Welcome and | Introductions | 5 min | |  | Jay Mazelsky, President and Chief Executive Officer | | | 8:05 – 9:10 am | IDEXX Opportunity and Strategy | | |  Jay Mazelsky – | Innovation-Driven Growth Strategy | 45 min | |  Tina Hunt, PhD – | Strategy and Sector ...

Financial Performance - For the fourth quarter of fiscal year 2025, net sales reached $5082 million, a 43% increase, while adjusted EBIT was $611 million, up by 34%[12] - Fiscal year 2025 net sales amounted to $15009 million, an 11% increase, and adjusted EBIT reached $1723 million, a 12% increase[12] - Adjusted EPS for the fourth quarter decreased by 5% to 200 cents per share, while for the full fiscal year 2025, it increased by 3% to 712 cents per share[12] - The company anticipates adjusted EPS for fiscal year 2026 to be approximately 80 to 83 cents per share, representing a constant currency growth of 12% to 17% compared to fiscal year 2025[47] - The company expects free cash flow of approximately $18 to $19 billion for fiscal year 2026[47] Acquisition and Integration - The transformational acquisition of Berry Global was completed on April 30, 2025, strengthening the business and offering more complete solutions for customers[10, 5] - Integration and synergy realization are tracking in line with expectations[10] - Synergy expectations are reaffirmed, with $650 million expected by year 3 and $260 million in fiscal year 2026[19, 51] Portfolio Optimization - The company has identified a core portfolio of approximately $20 billion, focusing on consumer packaging and dispensing solutions for nutrition and health[20, 21] - Portfolio optimization actions are being explored for businesses with combined sales of approximately $25 billion, including the North America Beverage business with approximately $15 billion in sales[29, 30] Segment Performance - Global Flexible Packaging Solutions saw an 18% increase in net sales, including 16% growth from approximately $420 million in acquired sales, and an 11% increase in adjusted EBIT, including 12% growth from approximately $50 million in acquired EBIT for the fourth quarter of fiscal year 2025[35] - Global Rigid Packaging Solutions experienced a 121% increase in net sales, including 129% growth from approximately $11 billion in acquired sales, and a 173% increase in adjusted EBIT, driven by 203% growth from approximately $150 million in acquired EBIT for the fourth quarter of fiscal year 2025[40]

Financial Performance - Zoomcar recorded a contribution profit of $1.14 million for the quarter ended June 30, 2025, compared to $0.46 million in the same quarter of 2024[8] - The company achieved a record contribution profit of $10.89 per booking in the current fiscal quarter, a significant increase from $4.07 per booking in the comparable quarter of the previous year[9] - Zoomcar's revenue increased by 3% year-over-year, from $2.24 million to $2.31 million[20] - Loss from operations improved by 48%, decreasing from -$3.37 million to -$1.76 million[20] - Adjusted EBITDA improved by 47%, moving from -$3.26 million to -$1.73 million[20] - Contribution margin as a percentage of revenue increased from 20% to 49%[20, 25] Operational Metrics - The number of bookings decreased by 7%, from 112,944 to 104,549[20] - Gross Booking Value (GBV) increased by 4%, from $6.23 million to $6.47 million[20, 27] - The number of active high-quality cars (rated 4.5+ out of 5) increased by 42%, from 5,516 to 7,811[20] - Repeat users increased to 13% compared to 9% in FQ1 2024, representing a 50% growth[9, 27] - The share of hosts with a 4.5+ rating increased from 30% to 46%[9, 27] Fundraising - Zoomcar raised $16.5 million in the fiscal year ending March 31, 2025, and an additional $0.6 million in the current fiscal year[17]

Financial Performance - AIRO's Q2 2025 revenue increased by 151% to $246 million, compared to $98 million in Q2 2024[38] - Gross profit increased by 1603% to $150 million in Q2 2025, with gross profit margin at 612%, a 219 bps increase[38] - Net income was $59 million in Q2 2025, a 2048% increase from a net loss of $56 million in Q2 2024[38] - Adjusted EBITDA increased by 710% to $47 million in Q2 2025, with an Adjusted EBITDA margin of 191%, a 1321 bps increase[38] - The company's cash and cash equivalents significantly increased to $403 million in Q2 2025[41] Business Highlights - AIRO is targeting a combined aerospace and defense Total Addressable Market (TAM) of approximately $315 billion by 2030, with a composite 2024-2030 Compound Annual Growth Rate (CAGR) of 148%[20] - The company unveiled a next-generation cargo drone capable of transporting 250-500 lbs over 200 miles[30] - AIRO has secured $16 billion+ in available Close Air Support (CAS) Indefinite Delivery/Indefinite Quantity (IDIQ) contracts for training[44] - AIRO has $200M+ bookings in process for Drones[44] Strategic Initiatives - AIRO plans to establish a new US manufacturing and engineering facility to support increased demand for drones[30] - The company is in the process of manufacturing the RQ-35 Heidrun in the US to obtain Blue UAS certification, requiring at least 51% of the vehicle to be manufactured in the US[35] - NATO countries are projected to increase their defense spending benchmark from the current 2% of GDP target to 35% of GDP after the June 2025 summit[31]

Financial Performance - NetEase's market capitalization was $854 billion as of August 13, 2025[9] - Net revenues for 2Q25 reached $39 billion[9] - Net income attributable to the company's shareholders for 2Q25 was $12 billion[9] - Basic net income per ADS (GAAP) for 2Q25 was $188[9] - Net cash as of June 30, 2025, amounted to $198 billion[9] Revenue Breakdown (2Q25) - Games and related value-added services generated $3184 million in net revenues[12] - Youdao's net revenues were $198 million[20] - NetEase Cloud Music's net revenues reached $275 million[23] - Innovative businesses and others contributed $237 million in net revenues[26] Games Performance - Online games accounted for 97% of games and related value-added services revenue in 2Q25[12] - Fantasy Westward Journey Online reached over 293 million peak concurrent players in August[18] ESG Ratings - NetEase received an AA rating from MSCI[9, 40] - NetEase's Sustainalytics rating indicates a low-risk company[40]

Q2 2025 Results - Net sales were $20 billion, a decrease of 77% year-over-year[36] - Comparable store sales growth was +01% year-over-year[36] - Adjusted gross margin was 438%[36] - Adjusted SG&A margin was 407%, a decrease of 3 bps year-over-year[42] - Adjusted operating income margin was 30%, an increase of 19 bps year-over-year[42] - Adjusted diluted earnings per share were $069[39] - Net leverage ratio was 27x[41] Strategic Initiatives - Store availability reached the mid-90%s, an increase of 100 bps quarter-over-quarter[18, 21] - Distribution center consolidation is expected to result in 16 DCs by the end of 2025, compared to 28 at the end of 2024 and 38 at the end of 2023[26] - Market hub locations are expected to expand to 29 by the end of 2025, compared to 19 at the end of 2024, with an average 100 bps comp sales uplift[26] FY2025 Guidance - Net sales are projected to be between $84 billion and $86 billion[49] - Comparable store sales (52 weeks) are expected to grow by 050% - 150%[49] - Adjusted operating income margin is projected to be between 200% and 300%[49] - Adjusted diluted EPS is projected to be between $120 and $220[49]

Financial Performance - Product revenue increased by 211% from $66 million in H1 2024 to $205 million in H1 2025[18] - Total revenue increased by 30% from $236 million in H1 2024 to $306 million in H1 2025[18] - Licensing revenue decreased by 40% from $170 million in H1 2024 to $101 million in H1 2025[18] - Gross profit decreased by 2% from $171 million in H1 2024 to $168 million in H1 2025[18] - EBITDA decreased by 16% from $64 million in H1 2024 to $54 million in H1 2025[18] - Strong cash flow from operations of $77 million, an improvement of $161 million year-on-year[22] - Cash and cash equivalents of $151 million as of June 30, 2025[22] - Total borrowings of $1,118 million as of June 30, 2025[22] Market and Product Updates - Biosimilar to Humira® has the 2nd largest market share for Humira® biosimilars in the U S[13] - Biosimilar to Stelara® continues to outperform in Europe with first or second largest share in each market where product has been launched[13] Strategic Partnerships and Acquisitions - Expanded partnership with Advanz to include four new biosimilars from early-stage pipeline[13] - Partnered with Dr Reddy's to jointly develop biosimilar candidate to Keytruda®[13] - Completed acquisition of Ivers-Lee in July, increasing capabilities and flexibility in assembly and packaging[13]

Financial Performance H1 2025 - MLP Group achieved a record high in total revenue of €529 million, driven by growth in all competence fields[3,6] - Assets under management reached a record high of €63.9 billion[3,12] - Non-life insurance premium volume also hit a record high of €785 million[3,12] - Recurring revenue accounted for 68% of the sales revenue in 2024[7] - EBIT for H1 2025 was €42.7 million, a decrease of 12% compared to €48.7 million in H1 2024[17] Strategic Developments - The company is developing an AI service agent to increase client benefit and improve process efficiency[19,20,21] - MLP Group is expanding its corporate client business through the :pxtra digital platform, already serving over 200 corporate clients and 10,000 users[23,24] - A new digital platform, RVM SmartProtect, is being launched to tap into the SME market[25,26] Forecast and Planning - The forecast for 2025 is confirmed, with an expected EBIT of €100 to €110 million[3,31] - The planning for 2028 is reaffirmed, projecting significant growth to an EBIT of €140 to €150 million[3,36] - The company aims to increase assets under management to €75 to €81 billion and non-life insurance premium volume to €1 to €1.1 billion by 2028[37]

Operating & Financial Results Second Quarter 2025 August 14, 2025 Chairman & CEO CFO Nangeng Zhang Jin "James" Cheng 1 Safe Harbor Statement This presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States ("GAAP"), including adjusted EBITDA (including adjusted EBITDA margin), non-GAAP net income, non-GAAP diluted earnings per share/ADS and cash flow. These non-GAAP measures should be considered in addition to, and not as a sub ...