The year 2026 marks the beginning of China's 15th Five-Year Plan period (2026-2030). At the "two sessions," China announced its target GDP growth rate of 4.5 to 5 percent for this year. To achieve this goal anchored in high-quality development, China will no doubt continue expanding high-standard opening up, and pursue positive interactions with the international community toward a shared future.

For years, China has been the largest contributor to world economic growth. Take 2025 as an example. Against a backdrop of sluggish economic recovery and mounting uncertainties, China's GDP still grew by 5%, with its volume surpassing 140 trillion yuan (about 20 trillion U.S. dollars) for the first time. These figures underscore China's role as a stabilizing anchor and a growth engine for the world economy. Such "stability" and "growth" mean resilience and certainty for foreign investors and international companies.

Sharing opportunities and pursuing common development has long been China's approach. During the 14th Five-Year Plan period, China's total foreign trade volume exceeded 200 trillion yuan, a 40 percent increase compared with that of the 13th Five-Year Plan period. China has become a major trading partner for over 160 countries and regions, and in 2025, trade between China and at least 60 percent of the countries across the five continents recorded growth, which testifies to an ever-expanding global trade "circle of friends". Besides the increase in scale, "green development" and "innovation" are adding new dimensions to China's high-standard opening-up. In recent years, Chinese battery manufacturers like CATL and Sunwoda have established plants in European countries like Germany and Hungary, expanding their own markets while helping build localized supply chains for European automakers such as BMW and Volkswagen, achieving win-win results. Multinational corporations like AstraZeneca and Schneider Electric have also established major strategic R&D centers in China. These attest to the fact that through more profound opening-up, China is deepening integration with other countries across the industrial and innovation chains for mutual benefit.

At a time when global economic growth is slowing, geopolitical tensions persist, policy uncertainty lingers, and trade costs continue to rise, China is responding with institutional opening up, creating a secure and reliable destination for foreign investment. From the continued shortening of the negative list for foreign investment, to the complete removal of market access restrictions in the manufacturing sector, and the ongoing independent customs operation of the Hainan Free Trade Port, the appeal of "invest in China" is becoming increasingly evident.

At this year's "two sessions," a fresh round of signals on expanding opening-up was released in quick succession: China will expand market access and open more sectors, particularly the service industry. Pilot opening-up programs will be broadened in fields such as value-added telecom services, biotechnology and wholly foreign-owned hospitals. The negative list for cross-border trade in services will be further shortened. National treatment for foreign-invested companies will be better ensured, and a new version of the Catalogue of Encouraged Industries for Foreign Investment will be implemented… This series of concrete policy measures has set a more defined direction and clearer roadmap forward for China's high-standard opening up.

China's development has never been a solo performance, but rather a symphony with the rest of the world — one that stresses win-win outcomes and shared growth. Looking ahead, the world can expect China to continue embracing greater openness, advance institutional opening-up, and create a steady stream of opportunities, working with other countries to sail toward a vast ocean of shared prosperity.

China Mosaic 
http://www.china.org.cn/video/node_7230027.htm

The 15th Five-Year Plan featuring opening up: China and the world sharing the future
http://www.china.org.cn/video/2026-03/07/content_118368489.shtml

The listing ceremony was held at HKEX. Ms. Fiona Tse, Associate Director of the Investment Products Division of the Securities and Futures Commission ("SFC"); Mr. Song Guo, Chief Compliance Officer of Harvest Fund Management Co., Ltd; Mr. Charlie Chen, Chief Executive Officer of HGI; Ms. Yiqian Jiang, Chief Investment Officer of HGI; Mr. Kevin Shu, Chief Marketing Officer of HGI; along with partners from government and commercial institutions, including Ms. Vanessa Wang, Head of APAC at DWS Investments Hong Kong Ltd.; Mr. Le Kang, Vice President of China Life Insurance (Overseas) Company Limited and Chairman of China Life Trustees Limited; Mr. Henry Li, Chief Executive Officer of China Life Trustees Limited; Mr. Andrew Law, Chief Executive Officer of BOCI-Prudential Trustee Limited; and Mr. Yang Xu, Global Partner of Tiger Brokers (HK) Global Limited, jointly attended the listing ceremony to officially mark the commencement of public market trading of the Harvest G2 Tech 50 ETF.

Ms. Fiona Tse, Associate Director of the Investment Products Division of SFC, remarked at the listing ceremony: "Harvest G2 Tech 50 ETF tracks the Solactive Harvest Tiger G2 Tech 50 Select Index, with its core investments in Chinese tech companies listed in Hong Kong and tech firms listed in the US. The launch of this ETF will offer more diversified and flexible investment options to both local and global investors, and further advance Hong Kong's development as an international asset management center."

Mr. Charlie Chen, CEO of HGI, remarked at the listing ceremony: "AI is currently driving a new global technology cycle, with the Chinese and American technology ecosystems demonstrating a clear pattern of complementary strengths and collaborative division of labor. HGI launched this product precisely to bridge innovation across both markets, providing investors with an efficient, one-stop tool to access core technology assets in China and the U.S. As a cross-border asset manager, HGI remains client-centric and committed to delivering transparent and efficient global allocation solutions. Looking ahead, HGI will continue to deepen its presence in the Hong Kong market, leveraging professional expertise to accompany investors in sharing the long-term dividends of technological innovation and industrial upgrading."

Complementary China-U.S. Tech Landscape Fuels Rising Cross-Market Allocation Demand

Since 2025, the global technology industry has been evolving at an accelerated pace: NVIDIA's market capitalization briefly surpassed US$5 trillion in U.S. equities, while the emergence of DeepSeek reignited market confidence in China's AI industry, driving a strong recovery in Hong Kong's technology sector. Looking ahead to 2026, the combined capital expenditure forecast for the four major U.S. tech giants is projected to reach approximately US$650 billion, representing a year-on-year increase of around 60%, while Chinese technology companies continue to ramp up AI R&D investment.

Against this backdrop, China and the United States have each developed distinct competitive advantages in the current technology cycle — the U.S. excels in foundational technology ecosystems such as semiconductors and core software. At the same time, China has developed deep industrial capabilities across application areas such as internet platforms, consumer electronics, and new energy. The two technology ecosystems are complementary and co-evolving, making the question of how to transcend single-market limitations and simultaneously capture the technology dividends from both markets a key allocation topic for investors.

One-Stop Access to China-U.S. Tech Leaders — Among HKEX's First ETFs of Its Kind

As an innovative product designed to meet market demand, the Harvest G2 Tech 50 ETF seeks to closely track the Solactive Harvest Tiger G2 Tech 50 Select Index. This index innovatively brings together 50 of the world's most influential technology companies into a single investment portfolio, comprising 30 Hong Kong-listed Chinese technology leaders and 20 U.S.-listed global technology giants^[1],forming a complementary structure of "U.S. hardcore technology + Hong Kong tech application vitality."

The fund's portfolio spans multiple key areas in the current technology wave: in AI computing power and infrastructure, it covers U.S. computing power leaders such as NVIDIA, Broadcom, and AMD, as well as Hong Kong-listed names including SMIC and Lenovo Group; in internet platforms and software ecosystems, it brings together global technology giants such as Microsoft, Google, and Meta, alongside China's leading platform companies including Tencent, Alibaba, and Meituan; in on-device applications and consumer electronics, it includes Apple as well as Xiaomi Group and Sunny Optical, which stand to benefit from AI-driven hardware upgrades; and in intelligent manufacturing and new energy, it features Tesla, BYD, XPeng Motors, and Horizon Robotics — leaders in embodied intelligence and autonomous driving.

By integrating different markets and technology segments into a single investment portfolio, this ETF provides investors with a cross-market technology-themed allocation tool that diversifies single-market risk while participating in the long-term development trends of the global technology industry.

HGI stated that it will continue to deepen the integration of its parent company, Harvest Fund Management's, platform strengths and will carry out comprehensive cooperation across multiple dimensions, including investment research, products, sales, and client services. HGI is committed to seizing the broad opportunities presented by policy mechanisms such as Stock Connect, providing investors in Hong Kong, mainland China, and around the world with a rich array of products, diversified asset allocation, and agile cross-border investment services, while striving to deliver sustainable returns.

About Harvest Global Investments Co., Ltd.

Established in Hong Kong in 2008, Harvest Global Investments Limited ("HGI") is a subsidiary of Harvest Fund Management. As the core platform for the group's international business, HGI holds Licenses Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) issued by the Securities and Futures Commission (SFC) of Hong Kong. Leveraging the robust strength and brand heritage of its parent company, HGI provides global investors with comprehensive asset management solutions across equities, fixed income, index, and multi-asset strategies.

[1] The selection and weighting of the index constituents are reviewed and adjusted periodically in accordance with the index methodology.

IMPORTANT: Investment involves risks, including possible loss of principal amount invested. Past performance or any prediction or forecast is not indicative of future results. Investors should read the offering documents of Harvest G2 Tech 50 ETF (the "Sub-Fund") for further details, including the risk factors, before investing. Investors should not base investment decisions on this material alone. Investors should note:

• The Sub-Fund's investments are concentrated in China (including Hong Kong SAR) and the United States. The value of the Sub-Fund may be more volatile than that of a fund having a more diverse portfolio of investments and may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the relevant sector.
• The Index is a new index. The Sub-Fund may be riskier than other exchange traded funds tracking more established indices with longer operating history.
• Risks associated with financial derivative instruments (the "FDIs") include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. FDIs are susceptible to price fluctuations and higher volatility. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Sub-Fund. Exposure to FDIs may lead to a high risk of significant loss by the Sub-Fund.
• Investors of Listed and Unlisted Classes of Units are subject to different pricing and dealing arrangements. The NAV per Unit of each of the Listed and Unlisted Classes of Units may be different due to different fees and cost applicable to each class.    The trading hours of SEHK applicable to the Listed Class of Units in the secondary market, the dealing deadlines in respect of the Listed and/or Unlisted Classes of Units in the primary market, may be all different. In view of the differences in fee and cost arrangements between the Listed and Unlisted Classes, the NAV per Unit of each of the Listed Class of Units and Unlisted Classes of Units may also be different.
• The Sub-Fund is subject to general investment risk, passive investment risk, mega-capitalisation companies risk, currency risk and distributions out of or effectively out of capital risks.

The Sub-Fund is authorized by the Securities and Futures Commission in Hong Kong ("SFC"). Such authorization does not imply official recommendation by the SFC.

Investment involves risks, including possible loss of principal amount invested. Past performance or any prediction or forecast is not indicative of future results. Investors should read the offering documents for further details, including the risk factors, before investing. Investment returns not denominated in HKD/USD are exposed to exchange rate fluctuations. This material is published by Harvest Global Investments Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong.

Index Provider Disclaimer

Solactive AG ("Solactive") is the licensor of the Solactive Harvest Tiger G2 Tech 50 Select Index (the "Target Index"). The financial instruments that are based on the Target Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability of investing in the financial instruments; (b) the quality, accuracy, and/or completeness of the Target Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Target Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Target Index. Solactive shall not be liable for any damages, including, without limitation, any loss of profits or business, or any special, incidental, punitive, indirect or consequential damages suffered or incurred as a result of the use of (or the inability to use) the Target Index.

The listing ceremony was held at HKEX. Ms. Fiona Tse, Associate Director of the Investment Products Division of the Securities and Futures Commission ("SFC"); Mr. Song Guo, Chief Compliance Officer of Harvest Fund Management Co., Ltd; Mr. Charlie Chen, Chief Executive Officer of HGI; Ms. Yiqian Jiang, Chief Investment Officer of HGI; Mr. Kevin Shu, Chief Marketing Officer of HGI; along with partners from government and commercial institutions, including Ms. Vanessa Wang, Head of APAC at DWS Investments Hong Kong Ltd.; Mr. Le Kang, Vice President of China Life Insurance (Overseas) Company Limited and Chairman of China Life Trustees Limited; Mr. Henry Li, Chief Executive Officer of China Life Trustees Limited; Mr. Andrew Law, Chief Executive Officer of BOCI-Prudential Trustee Limited; and Mr. Yang Xu, Global Partner of Tiger Brokers (HK) Global Limited, jointly attended the listing ceremony to officially mark the commencement of public market trading of the Harvest G2 Tech 50 ETF.

Ms. Fiona Tse, Associate Director of the Investment Products Division of SFC, remarked at the listing ceremony: "Harvest G2 Tech 50 ETF tracks the Solactive Harvest Tiger G2 Tech 50 Select Index, with its core investments in Chinese tech companies listed in Hong Kong and tech firms listed in the US. The launch of this ETF will offer more diversified and flexible investment options to both local and global investors, and further advance Hong Kong's development as an international asset management center."

Mr. Charlie Chen, CEO of HGI, remarked at the listing ceremony: "AI is currently driving a new global technology cycle, with the Chinese and American technology ecosystems demonstrating a clear pattern of complementary strengths and collaborative division of labor. HGI launched this product precisely to bridge innovation across both markets, providing investors with an efficient, one-stop tool to access core technology assets in China and the U.S. As a cross-border asset manager, HGI remains client-centric and committed to delivering transparent and efficient global allocation solutions. Looking ahead, HGI will continue to deepen its presence in the Hong Kong market, leveraging professional expertise to accompany investors in sharing the long-term dividends of technological innovation and industrial upgrading."

Complementary China-U.S. Tech Landscape Fuels Rising Cross-Market Allocation Demand

Since 2025, the global technology industry has been evolving at an accelerated pace: NVIDIA's market capitalization briefly surpassed US$5 trillion in U.S. equities, while the emergence of DeepSeek reignited market confidence in China's AI industry, driving a strong recovery in Hong Kong's technology sector. Looking ahead to 2026, the combined capital expenditure forecast for the four major U.S. tech giants is projected to reach approximately US$650 billion, representing a year-on-year increase of around 60%, while Chinese technology companies continue to ramp up AI R&D investment.

Against this backdrop, China and the United States have each developed distinct competitive advantages in the current technology cycle — the U.S. excels in foundational technology ecosystems such as semiconductors and core software. At the same time, China has developed deep industrial capabilities across application areas such as internet platforms, consumer electronics, and new energy. The two technology ecosystems are complementary and co-evolving, making the question of how to transcend single-market limitations and simultaneously capture the technology dividends from both markets a key allocation topic for investors.

One-Stop Access to China-U.S. Tech Leaders — Among HKEX's First ETFs of Its Kind

As an innovative product designed to meet market demand, the Harvest G2 Tech 50 ETF seeks to closely track the Solactive Harvest Tiger G2 Tech 50 Select Index. This index innovatively brings together 50 of the world's most influential technology companies into a single investment portfolio, comprising 30 Hong Kong-listed Chinese technology leaders and 20 U.S.-listed global technology giants^[1],forming a complementary structure of "U.S. hardcore technology + Hong Kong tech application vitality."

The fund's portfolio spans multiple key areas in the current technology wave: in AI computing power and infrastructure, it covers U.S. computing power leaders such as NVIDIA, Broadcom, and AMD, as well as Hong Kong-listed names including SMIC and Lenovo Group; in internet platforms and software ecosystems, it brings together global technology giants such as Microsoft, Google, and Meta, alongside China's leading platform companies including Tencent, Alibaba, and Meituan; in on-device applications and consumer electronics, it includes Apple as well as Xiaomi Group and Sunny Optical, which stand to benefit from AI-driven hardware upgrades; and in intelligent manufacturing and new energy, it features Tesla, BYD, XPeng Motors, and Horizon Robotics — leaders in embodied intelligence and autonomous driving.

By integrating different markets and technology segments into a single investment portfolio, this ETF provides investors with a cross-market technology-themed allocation tool that diversifies single-market risk while participating in the long-term development trends of the global technology industry.

HGI stated that it will continue to deepen the integration of its parent company, Harvest Fund Management's, platform strengths and will carry out comprehensive cooperation across multiple dimensions, including investment research, products, sales, and client services. HGI is committed to seizing the broad opportunities presented by policy mechanisms such as Stock Connect, providing investors in Hong Kong, mainland China, and around the world with a rich array of products, diversified asset allocation, and agile cross-border investment services, while striving to deliver sustainable returns.

About Harvest Global Investments Co., Ltd.

Established in Hong Kong in 2008, Harvest Global Investments Limited ("HGI") is a subsidiary of Harvest Fund Management. As the core platform for the group's international business, HGI holds Licenses Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) issued by the Securities and Futures Commission (SFC) of Hong Kong. Leveraging the robust strength and brand heritage of its parent company, HGI provides global investors with comprehensive asset management solutions across equities, fixed income, index, and multi-asset strategies.

[1] The selection and weighting of the index constituents are reviewed and adjusted periodically in accordance with the index methodology.

IMPORTANT: Investment involves risks, including possible loss of principal amount invested. Past performance or any prediction or forecast is not indicative of future results. Investors should read the offering documents of Harvest G2 Tech 50 ETF (the "Sub-Fund") for further details, including the risk factors, before investing. Investors should not base investment decisions on this material alone. Investors should note:

• The Sub-Fund's investments are concentrated in China (including Hong Kong SAR) and the United States. The value of the Sub-Fund may be more volatile than that of a fund having a more diverse portfolio of investments and may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the relevant sector.
• The Index is a new index. The Sub-Fund may be riskier than other exchange traded funds tracking more established indices with longer operating history.
• Risks associated with financial derivative instruments (the "FDIs") include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. FDIs are susceptible to price fluctuations and higher volatility. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Sub-Fund. Exposure to FDIs may lead to a high risk of significant loss by the Sub-Fund.
• Investors of Listed and Unlisted Classes of Units are subject to different pricing and dealing arrangements. The NAV per Unit of each of the Listed and Unlisted Classes of Units may be different due to different fees and cost applicable to each class.    The trading hours of SEHK applicable to the Listed Class of Units in the secondary market, the dealing deadlines in respect of the Listed and/or Unlisted Classes of Units in the primary market, may be all different. In view of the differences in fee and cost arrangements between the Listed and Unlisted Classes, the NAV per Unit of each of the Listed Class of Units and Unlisted Classes of Units may also be different.
• The Sub-Fund is subject to general investment risk, passive investment risk, mega-capitalisation companies risk, currency risk and distributions out of or effectively out of capital risks.

The Sub-Fund is authorized by the Securities and Futures Commission in Hong Kong ("SFC"). Such authorization does not imply official recommendation by the SFC.

Investment involves risks, including possible loss of principal amount invested. Past performance or any prediction or forecast is not indicative of future results. Investors should read the offering documents for further details, including the risk factors, before investing. Investment returns not denominated in HKD/USD are exposed to exchange rate fluctuations. This material is published by Harvest Global Investments Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong.

Index Provider Disclaimer

Solactive AG ("Solactive") is the licensor of the Solactive Harvest Tiger G2 Tech 50 Select Index (the "Target Index"). The financial instruments that are based on the Target Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability of investing in the financial instruments; (b) the quality, accuracy, and/or completeness of the Target Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Target Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Target Index. Solactive shall not be liable for any damages, including, without limitation, any loss of profits or business, or any special, incidental, punitive, indirect or consequential damages suffered or incurred as a result of the use of (or the inability to use) the Target Index.

Monika Grama has served as the Vice President, Finance of the Autoliv Europe Middle East and Africa (EMEA) division since 2020. Monika Grama joined Autoliv in 2009 and, prior to her current role, she served as Finance Manager and Managing Director of Autoliv Romania, one of Autoliv's largest production hubs globally. Monika Grama has played a vital role in contributing to the development of the Autoliv EMEA division during a challenging period for the automotive industry.

"Monika Grama has been a valuable member of the Autoliv EMEA team, and I am very happy to welcome her to the Autoliv Executive Management Team bringing valuable knowledge and perspectives. Her extensive experience from multiple leadership roles in finance coupled with her strong management experience and Autoliv knowledge will be a great asset to the Company as we pursue our strategic goals," said Mikael Bratt, President and CEO of Autoliv.

Monika Grama succeeds Fredrik Westin who, as previously announced, will leave Autoliv on March 31, 2026.

Mikael Bratt continued, "I thank Fredrik Westin for his valued contribution to Autoliv during a period of intense business transformation and I wish him all the best in the future."

The change is effective April 1, 2026.

Inquiries: 

Media: Gabriella Etemad, Tel +46 70 612 64 24, Emelie Ericson, Tel +46 70 957 81 35
Investors & Analysts: Anders Trapp, Tel +46 709 578 171
Investors & Analysts: Henrik Kaar, Tel +46 709 578 114

This information is information that Autoliv, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 15.30 CET on March 6, 2026.

About Autoliv

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sd.b) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2025, our products saved approximately 40,000 lives and reduced around 600,000 injuries.

We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 64,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2025 amounted to $10.8 billion. For more information go to www.autoliv.com.

Safe Harbor Statement
This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.

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https://news.cision.com/autoliv/r/autoliv-announces-appointment-of-new-cfo,c4317972

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The renewal of the EMTN Programme will allow the Company to take advantage of the funding opportunities provided by the capital markets and institutional investors through the future issuance of notes (the "Notes"). The Notes issued by the Company under the EMTN Programme will be unconditionally and irrevocably guaranteed by the Company's subsidiary, Autoliv ASP, Inc. (the "Guarantor"). 

The base listing particulars dated March 6, 2026 (the "Base Listing Particulars"), which has been prepared by the Company and the Guarantor in connection with the EMTN Programme, has been approved by Euronext Dublin and is available for viewing on the website of Euronext Dublin (http://www.ise.ie). 

Inquiries 

Treasury:  Par-Ola Wirenlind, Tel +46 (0) 70 303 3278 

Media:  Gabriella Etemad,  Tel +46 (0) 70 612 6424 

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sd.b) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2025, our products saved approximately 40,000 lives and reduced around 600,000 injuries. 

We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 64,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2025 amounted to $10.8 billion. For more information go to www.autoliv.com. 

Important Information 

NOTHING IN THIS COMMUNICATION CONSTITUTES AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, ANY SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES REFERRED TO IN THE BASE LISTING PARTICULARS (THE "SECURITIES") HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES, AND THE SECURITIES MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS. 

Safe Harbor Statement 

This communication contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. 

Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. 

Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements. For any forward-looking statements contained in this communication or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law. 

CONTACT:

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On January 6, 2026, the Company held an extraordinary general meeting of the shareholders, and the shareholders approved to implement share consolidations of the Company's Class A ordinary shares and Class B ordinary shares at any one time or multiple times, at the exact consolidation ratio and effective time as the Board may determine from time to time in its absolute discretion, provided that the accumulative consolidation ratio for all such share consolidations shall not be more than 4000:1, and authorized the Board to implement such share consolidations at any time during a period of up to two years of the date of the meeting. On March 5, 2026, the board approved implementation of the Reverse Split at a ratio of 1 for 80 shares.

The objective of the Reverse Split is to enable the Company to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires issuers listed on Nasdaq to maintain a closing bid price of greater than $0.10.

Upon the open of trading on March 12, 2026, the Company's Class A ordinary shares will begin trading on a Reverse Split-adjusted basis, under the same symbol "ELPW" but under a new CUSIP number, G3016G129.

As a result of the Reverse Split, each 80 Class A ordinary shares with a par value of $0.00016 will automatically combine and convert into one issued and outstanding Class A ordinary share with a par value of $0.0128. each 80 Class B ordinary shares with a par value of $0.00016 will automatically combine and convert into one issued and outstanding Class B ordinary share with a par value of $0.0128. The Reverse Split will affect all shareholders uniformly and will not alter any shareholder's percentage ownership interest in the Company, except for minimal changes that may result from the treatment of fractional shares. No action is required by shareholders holding their shares through a brokerage account.

No fractional shares will be issued to any shareholders in connection with the Reverse Split, and each shareholder will be entitled to receive one full Class A ordinary share or Class B ordinary share, as applicable, in the Company in lieu of the fractional share that would have resulted from the Reverse Split.

At the time the share consolidation is effective, the Company's total issued and outstanding common shares will change from approximately 63 million to approximately 0.79 million. The Company's authorized shares will be proportionally reduced.

About Elong Power Holding Limited

Elong Power Holding Limited, a Cayman Islands exempted company, is committed to the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. Elong Power is led by Ms. Xiaodan Liu, Elong Power's Chairwoman and CEO.

Elong Power has a comprehensive product and technology system that includes battery cells, modules, system integration, and battery management system development, based on high-power lithium-ion batteries and battery system products for long-cycle energy storage devices. Elong Power offers advanced energy applications and full life cycle services. Its product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios.

Forward‑Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the documents filed with the United States Securities and Exchange Commission (the "SEC"). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Elong Power Holding Limited
ir@elongpower.com

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, March 6, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. 

Ashley Mastronardi delivers the pre-market update on March 6th

• Markets remain choppy on Friday as traders assess real-time headlines related to the conflict in Iran and the impact on energy supply.
• Today on NYSE Live, hear from two-time Olympic gold medalist Alysa Liu on what's next after Milan and her message for International Women's Day.
• Women in Leadership Global CEO Georgie Dickens will join NYSE Live to talk about the power and purpose of International Women's Day on Sunday, March 8^th.
• Robinhood CFO Shiv Verma is set to speak to the launch of Robinhood Ventures Fund I, a closed-end fund that provides investors with exposure to private companies.

Opening Bell
Robinhood Ventures Fund I (NYSE: RVI) celebrates their IPO

Closing Bell
The Next Seat celebrates its first inaugural Summit in NYC on March 6th

Hear from two-time Olympic gold medalist Alysa Liu: 
tv.nyse.com/floor-talk/season:4/videos/u-s-figure-skating-gold-medalist-alysa-liu-shares-her-journey-to-olympic-glory-2

Medal of Honor Foundation visits the NYSE

Video - https://mma.prnasia.com/media2/2928074/NYSE_Market_Update_March_6.mp4
Photo - https://mma.prnasia.com/media2/2928073/NYSE_Medal_of_Honor_Foundation.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2581322/New_York_Stock_Exchange_Logo.jpg?p=medium600 

"In 2025 we continued to unlock long-term value. The achievements made in executing our strategy, while delivering resilient results and advancing sustainability, are a testament to the hard work and dedication of our global teams", says Rickard Gustafson, President and CEO.

This year, the Annual and Sustainability Report has a streamlined front-end section, mainly consisting of an extended President's letter. This part explains the financial performance and highlights the strategic updates with key milestones in 2025 such as the ongoing transformation of the Group, thereby providing a deeper understanding of SKF's direction and ambitions. More detailed information about SKF's value creation is available on the Group's updated IR website: https://www.skf.com/group/investors/skf-as-an-investment/strategy-for-value-creation.

In addition, the Annual and Sustainability Report includes an extended Sustainability Report that addresses the requirements set by the Corporate Sustainability Reporting Directive (CSRD). This part demonstrates SKF's continued progress towards its 2030 decarbonization targets, renewable energy commitments, and broader sustainability goals. In 2025, SKF reached a 79% reduction in scope 1 and 2 emissions from a 2019 baseline (an improvement from 59% in 2024).

The SKF Annual and Sustainability Report 2025 is available on: https://www.skf.com/group/investors/financials/annual-reports?page=1.

Aktiebolaget SKF
      (publ)

AB SKF is obliged to make this Annual Report public pursuant to the Securities Markets Act. The report was submitted for publication through the agency of the contact person set out below at 6 March 2026 at 13.00 CET.

For further information, please contact:
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com 
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-publishes-annual-and-sustainability-report-2025,c4317545

The following files are available for download:

On January 6, 2026, the Company held an extraordinary general meeting of the shareholders, and the shareholders approved to implement share consolidations of the Company's Class A ordinary shares and Class B ordinary shares at any one time or multiple times, at the exact consolidation ratio and effective time as the Board may determine from time to time in its absolute discretion, provided that the accumulative consolidation ratio for all such share consolidations shall not be more than 4000:1, and authorized the Board to implement such share consolidations at any time during a period of up to two years of the date of the meeting. On March 5, 2026, the board approved implementation of the Reverse Split at a ratio of 1 for 80 shares.

The objective of the Reverse Split is to enable the Company to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires issuers listed on Nasdaq to maintain a closing bid price of greater than $0.10.

Upon the open of trading on March 10, 2026, the Company's Class A ordinary shares will begin trading on a Reverse Split-adjusted basis, under the same symbol "ELPW" but under a new CUSIP number, G3016G129.

As a result of the Reverse Split, each 80 Class A ordinary shares with a par value of $0.00016 will automatically combine and convert into one issued and outstanding Class A ordinary share with a par value of $0.0128. Each 80 Class B ordinary shares with a par value of $0.00016 will automatically combine and convert into one issued and outstanding Class B ordinary share with a par value of $0.0128. The Reverse Split will affect all shareholders uniformly and will not alter any shareholder's percentage ownership interest in the Company, except for minimal changes that may result from the treatment of fractional shares. No action is required by shareholders holding their shares through a brokerage account.

No fractional shares will be issued to any shareholders in connection with the Reverse Split, and each shareholder will be entitled to receive one full Class A ordinary share or Class B ordinary share, as applicable, in the Company in lieu of the fractional share that would have resulted from the Reverse Split.

At the time the share consolidation is effective, the Company's total issued and outstanding common shares will change from approximately 63 million to approximately 0.79 million. The Company's authorized shares will be proportionally reduced.

About Elong Power Holding Limited

Elong Power Holding Limited, a Cayman Islands exempted company, is committed to the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. Elong Power is led by Ms. Xiaodan Liu, Elong Power's Chairwoman and CEO.

Elong Power has a comprehensive product and technology system that includes battery cells, modules, system integration, and battery management system development, based on high-power lithium-ion batteries and battery system products for long-cycle energy storage devices. Elong Power offers advanced energy applications and full life cycle services. Its product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios.

Forward‑Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the documents filed with the United States Securities and Exchange Commission (the "SEC"). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Elong Power Holding Limited
ir@elongpower.com 

DUBAI, UAE, March 6, 2026 /PRNewswire/ -- As digital asset markets face renewed volatility and investor sentiment turns cautious, Bybit and Tether, the largest company in the digital asset industry today, announced an expanded collaboration centered on tokenized gold, launching the joint "Golden Season" initiative with more than $1 million in gold-backed rewards.

The program builds on the two companies' long-standing collaboration around liquidity, stablecoin infrastructure, and asset tokenization, reflecting a shared focus on delivering stability and real-world value to crypto investors during turbulent markets.

Standing With Users When It Matters Most

With the crypto Fear & Greed Index recently touching extreme-fear levels and bitcoin trading well below recent highs, we believe the timing calls for solutions that help investors protect capital while staying engaged in digital markets.

"The real test of a platform is not how it performs in bull markets, but how it supports users when markets turn," said Helen Liu, Co-CEO of Bybit. "Through our collaboration with Tether, we are bringing the reliability of gold into the digital asset ecosystem — offering our community practical ways to seek stability and steady returns while markets recover."

Bybit and Tether are proactively creating opportunities for users to protect capital, earn sustainable yield, and access one of the world's most trusted store-of-value assets — gold. "We have been seeing rising demand for stable, yield-generating products amid market volatility, with millions of users shifting toward diversified portfolios that include tokenized real-world assets," added Helen.

Golden Season is that belief in action: rather than waiting for conditions to improve, "We believe what our users need most right now is stability," said Helen. "Markets will recover — we have no doubt about that. But in the meantime, our responsibility is to ease the pressure, provide real pathways to steady returns, and make sure our community knows: Bybit stands with them. Golden Season with Tether is exactly that — gold's stability and upside, made accessible to every crypto investor, right when they need it most."

A Shared Vision for Tokenized Real-World Assets

Tether's gold-backed token, XAUT, is backed 1:1 by physical gold stored in Swiss vaults, giving digital investors exposure to one of the world's most trusted store-of-value assets without leaving the crypto ecosystem.

Bybit aims to deepen the integration of XAUT across trading, savings, and structured-yield products on its platform, alongside broader stablecoin initiatives scheduled for 2026.

Why Gold, Why Now

Analysts note that gold has outperformed many asset classes over the past year amid inflation concerns and geopolitical uncertainty^[1]. Bybit said user behavior is shifting toward capital preservation and diversified yield, making tokenized gold a natural bridge between traditional safe-haven assets and digital markets.

Golden Season will feature trading rewards, referral incentives, and limited-time yield pools linked to XAUT, designed to encourage responsible portfolio diversification rather than speculative trading.

More Than a Campaign

Both companies share a commitment to transparency, resilience, and user protection," Helen said. "Golden Season is just one step in building a more stable and inclusive digital financial system together."

Bybit has been planning to introduce up to $10 million in additional stablecoin- and RWA-linked yield products in March, further expanding options for investors seeking consistent income during uncertain markets.

#Bybit / #TheCryptoArk / #IMakeIt

[1] https://www.vaneck.com/offshore/en/news-and-insights/blogs/gold-investing/gold-investing-outlook/ 

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Duncan is an AI agent that will participate directly in trade execution on behalf of Aurelion on-chain. Through a set of predefined AI Agent Skills modules, Duncan provides developers and applications with standardized interfaces for automated XAU₮ trading strategies, cross-protocol DeFi execution and digital gold allocation.

Duncan has already launched a dedicated website (www.xaue.com/shop) and established official accounts on X (@aure_duncan) and Telegram (@Aure_DuncanBot).

Strategic Vision: From Digital Asset Treasury Management to AI Financial Participants

This move marks Aurelion's mission to reach beyond traditional individual and institutional XAU₮ asset holders. Aurelion views AI as both a productivity tool and a potential independent financial participant. Duncan reflects the Company's broader goal of building intelligent financial infrastructure centered on digital gold.

• New financial participant model: AI-driven execution with safeguards to manage automated trading risks
• Expand XAU₮ use cases: Positioning digital gold as a settlement node and safe-haven anchor for AI agents during periods of market volatility
• DeFi accessibility: Via xaue.com, individual users can connect wallets and access transparent on-chain XAU₮ exchange workflows powered by Duncan

Digital Gold Infrastructure: Financial Skills for the Agent Era

Duncan will be equipped with predefined financial skill packages providing standardized asset operation interfaces for the emerging AI economy, including:

• Cross-protocol execution: Autonomous interaction across DeFi protocols, from spot transactions to collateralized lending, ensuring seamless asset flows
• Hedging logic development: Leveraging digital gold's stability to develop long-term hedging and allocation strategies in AI-driven markets

For Users
Via www.xaue.com/shop, users can connect wallets and access transparent on-chain XAU₮  exchange workflows powered by Duncan. Duncan will also support the Company's broader strategic objectives, including innovative scenarios such as XAU₮ Shop and expanding  digital gold into real-world applications.

Björn Schmidtke, Chief Executive Officer of Aurelion, stated:  "We are at the start of a new financial paradigm defined by human-AI coexistence. Duncan reflects our commitment to building a secure, stable and intelligent financial infrastructure centered on digital gold (XAU₮) as AI Agents become active market participants. The launch of www.xaue.com/shop represents a meaningful step toward Aurelion's mission."

About Aurelion
Aurelion is NASDAQ's first Tether Gold (XAU₮) Real World Asset (RWA) company focused on developing a business around tokenized gold. XAU₮ combines the stability of physical gold with the efficiency of blockchain, providing investors access to tokenized gold reserve that could serve as a safe haven to inflation, currency devaluation and crypto volatility. In parallel to building a business around the development of tokenized gold, Aurelion provides wealth management and asset management services.

Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements, although not all forward-looking statements contain these words. These statements are based on assumptions and assessments made by Aurelion in light of its experience and perception of historical trends, current conditions, future developments and other factors it believes appropriate. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward-looking statements in this announcement could cause actual results and developments to differ materially from those expressed in or implied by such forward-looking statements. Although it is believed that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct, and you are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this announcement.

Forward-looking statements are not guarantees of future performance. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: changes in the market for our products and services; our ability to access additional capital; our ability to attract and retain qualified personnel; changes in general economic, business and industry conditions; changes in applicable laws or regulations; expansion plans and opportunities; changes in the regulatory environment for crypto currencies and stablecoin ecosystems; changes in the price of digital assets, including XAU₮; changes in spot price of gold; changes in price correlation between stablecoins and their pegged assets, including XAU₮ and gold; risks associated with owning digital assets, including XAU₮, including price volatility, limited liquidity and trading volumes, relative anonymity, potential widespread susceptibility to market abuse and manipulation, compliance and internal control failures at exchanges and other risks inherent in its entirely electronic, virtual-form and decentralized network; the fluctuation of our operating results, including because we may be required to account for our digital assets at fair value; limitations in our ability to time the price of our purchase of digital assets; our potential subjection to corporate alternative minimum tax due to unrealized fair value gains on our digital asset holdings; legal, commercial, regulatory and technical uncertainty regarding digital assets and enhanced regulatory oversight of companies holding digital assets including the possibility that regulators reclassify any digital assets we hold, including XAU₮, as a security or a "cash item", causing us to be in violation of securities laws and be classified as an "investment company" under the Investment Company Act of 1940; competition by other digital asset treasury companies, gold-related asset treasury companies, and the availability of financial products related to gold; the possibility of experiencing greater fraud, security failures or operational problems on digital asset trading venues compared to trading venues for more established asset classes, and any malfunction, breakdown or abandonment of the underlying blockchain protocols, or other technological difficulties, may prevent access to or use of such digital assets; elevation of rehypothecation risk in times of market condition changes as the XAU₮ we own may be rehypothecated; and from time to time when we hold our digital assets through a third-party custodian, the loss of direct control over our digital assets and dependence on the custodian's security practices and operational integrity which may lead to the loss of its digital assets as a result of the insolvency of the custodian, theft by employees or insiders of the custodian or if the custodian's security measures are compromised, including as a result of a cyber-attack. Further information regarding these and other risks is included in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. All information provided herein is as of the date of this presentation, and the Company undertakes no duty to update such information, except as required under applicable law.

Contacts
Investor Contact: ir@aurelion.com

Taiwan's benchmark TAIEX recently surpassed the 35,000-point threshold, while total market capitalization has exceeded US$3.7 trillion, positioning Taiwan as the world's seventh-largest equity market. Foreign investors hold more than 47% of listed shares, with the United States among the largest sources of institutional investment.

The visit highlights TWSE's efforts to strengthen international engagement and to support stable, long-term participation by global investors in Taiwan's equity market.

"Taiwan has become an increasingly important market for global institutional investors," Lin said. "Through consistent engagement and transparent communication, we aim to reinforce investor confidence and ensure that Taiwan remains a dependable destination for international capital."

The U.S. outreach aligns with Taiwan's strategy to develop an Asian Asset Management Center and advance the Asia Innovation Capital Platform, which seeks to broaden cross-border investment opportunities and strengthen Taiwan's position in regional capital markets.

During the visit, the delegation will meet with institutional investors to exchange views on market developments and emerging investment trends. Discussions with NYSE, Nasdaq, and other market-infrastructure institutions will focus on regulatory frameworks, product innovation, and opportunities for future cross-border collaboration.

TWSE has also dispatched a listings outreach team to Silicon Valley to engage with the region's innovation and venture-capital ecosystem, promoting Taiwan as a capital-raising destination for high-growth technology companies. The team will participate in the "2026 Taiwan Demo Day – Spring Edition" on March 14, hosted by the Silicon Valley Taiwan Innovation (SIT) Office, and meet with venture capital firms, startups, and corporate venture investors across sectors including high-performance computing, semiconductors, and AI robotics.

The initiative aims to attract innovative international companies to list in Taiwan while supporting the development of the Asia Innovation Capital Platform and reinforcing Taiwan's position as a regional hub for technology financing.

TWSE noted that product diversification remains a priority. Both active and passive multi-asset exchange-traded funds (ETFs) have helped propel total ETF assets under management to record levels, strengthening Taiwan's leading position in the Asia-Pacific ETF market.

About TWSE
The Taiwan Stock Exchange (the TWSE) started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE's primary business operations include listing, trading, settlement, and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms' services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the securities market.

Mr. Yue Teng is a director of Strategic Investment Department of JD.com (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), responsible for overseeing investments in the logistics and industrial property sectors for JD.com and its subsidiaries. Prior to joining JD.com in August 2021, Mr. Teng was an associate in the Real Estate Investment team at Hony Capital and a portfolio manager at Goldstream Investment from May 2018 to August 2021, and a vice president at Amundi Smith Breeden from September 2013 to April 2018. Mr. Teng received his bachelor's degree in management science in operations research from Fudan University, and his master's degree in engineering management with a focus on financial engineering from Duke University.

Mr. Kerry Xuefeng Chen, the Company's Founder, Chairman, and Chief Executive Officer, on behalf of the Board and the management of the Company, said, "We are delighted to welcome Mr. Yue Teng  to the Board. We believe Mr. Teng will bring deep strategic insights that will further strengthen our ongoing collaboration with JD.com. His extensive experience across key sectors—combined with his background in business and finance will provide valuable perspectives as we continue to enhance our leadership in technology-driven sustainable consumption offerings. We look forward to his contribution to boosting corporate performance and long-term value creation."

About ATRenew Inc.

Headquartered in Shanghai, ATRenew Inc. is a pioneer in technology-driven recycling and trade-in solutions for consumer products in China. Since inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, reducing the environmental impact of pre-owned consumer products by facilitating recycling, trade-ins and distribution that prolong their lifecycle. ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Powered by proprietary technologies and a scalable platform ecosystem, ATRenew enhances transaction efficiency and pricing transparency for consumers and merchants alike while advancing circular economy standards in China. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew's strategies; ATRenew's future business development, financial condition and results of operations; ATRenew's ability to maintain its relationship with major strategic investors; its ability to facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew's filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

ATRenew Inc.
Investor Relations
Email: ir@atrenew.com  

Christensen Advisory
Email: rere@christensencomms.com

SINGAPORE, March 6, 2026 /PRNewswire/ -- For years, conversations about Asia's carbon markets centred on potential—frameworks to be built, agreements to be signed. That chapter is closing. In 2026, we have entered the era of execution.

Asia now accounts for more than half of global emissions. It is home to some of the world's most important natural carbon sinks—mangrove systems, tropical forests, and highland ecosystems. The question is no longer whether Asia will shape global carbon markets, but how quickly and credibly it can translate this position into real, verifiable outcomes.

The Article 6 Inflection Point

Article 6 of the Paris Agreement is moving from negotiation rooms into implementation.

Governments across the region are now structuring concrete cooperation projects under Article 6. Bhutan and Singapore, for instance, recently launched four initiatives spanning clean cooking, biogas, and integrated mitigation programmes—moving from framework to project pipeline. These are not academic pilots. They are designed as bankable projects with clear emissions reduction pathways and defined routes to credit issuance.

Japan's Joint Crediting Mechanism, including its partnerships in Southeast Asia, is similarly progressing from early demonstration projects toward the transfer of internationally recognised mitigation outcomes, underpinned by real technologies from refrigerant recovery to sustainable rice cultivation. This is the machinery of carbon markets finally turning in the region, and the pipeline will grow rapidly if host-country authorisation and registries can keep pace.

The Quality Imperative

As project pipelines expand, scrutiny is intensifying.

The voluntary carbon market's growing pains are well documented. Yet we are now seeing a distinct shift: in 2025, capital committed to new carbon projects tripled year-on-year to exceed USD 10 billion, with retirements beginning to outpace issuances for premium credit types. Buyers are moving decisively toward higher-quality projects—credits that offer durability, transparency, and demonstrable impact. Demand is steadily pivoting from low-cost, generic avoidance credits toward high-integrity reductions and removals.

This places robust Measurement, Reporting, and Verification at the centre of the market. Without trustworthy data—on baselines, additionality, leakage, and permanence—no standard, registry, or trading platform can sustain confidence.

At The GrowHub, we have built our carbon solutions around this reality: using AI to monitor and model project performance, and blockchain to create immutable data trails from field to registry. Across Asia, we already see these capabilities moving from "nice-to-have" to baseline expectations for any project seeking long-term credibility and pricing power.

Regulatory Catalysts

Regulation is now reinforcing these market signals.

Across Southeast Asia, carbon pricing mechanisms are taking shape. Thailand has passed its Draft Climate Change Act and completed its first ITMO transfer with Japan. Vietnam has entered ETS trial phases. Malaysia is preparing carbon tax implementation. Indonesia is developing nature-based credit streams to complement its compliance market.

The message to businesses is clear: carbon is no longer a peripheral ESG topic. It is a core cost, risk, and competitiveness issue.

Looking Ahead

Asia's carbon markets are entering their most consequential phase. The next few years will determine whether the region can mobilise its natural capital and industrial transition at the scale and integrity required.

For investors, developers, and corporate buyers, this means backing projects that combine strong governance, credible host-country alignment, and technology-enabled MRV. The era of experimentation is ending. The premium now belongs to disciplined execution.

At The GrowHub, our focus is simple: help governments and corporates turn carbon potential into real, measurable impact across Asia and beyond.

NEW YORK, March 6, 2026 /PRNewswire/ -- In celebration of International Women's Day on 8 March 2026, stock exchanges around the world will once again take part in the 12th annual Ring the Bell for Gender Equality campaign, jointly organised by the International Finance Corporation (IFC), UN Global Compact, UN Sustainable Stock Exchanges (SSE) Initiative, UN Women, and the World Federation of Exchanges (WFE).

Under this year's International Women's Day theme, "Rights. Justice. Action. For ALL Women and Girls," the campaign calls on capital markets to strengthen transparency, accountability and incentives that support women's rights and economic empowerment, ensuring markets work for women and girls everywhere.

Over 110 stock exchanges around the globe will host bell-ringing ceremonies and related activities that draw attention to the critical role the private sector plays in advancing gender equality and achieving the Sustainable Development Goals (SDGs). These events provide an opportunity for collective action across markets, with participating exchanges invited to consider concrete measures to continue promoting equality between women and men and women's economic participation. Find a list of all participating exchanges here.

The initiative also highlights the Women's Empowerment Principles (WEPs), a set of global best practices developed by UN Women and the UN Global Compact to help businesses advance gender equality and women's empowerment in the workplace, marketplace, and community. Building on this framework, the UN SSE, UN Women, and the IFC recently published a WEPs-based analysis of gender equality disclosure metrics, underscoring the need for greater transparency and standardisation of sex-disaggregated information to support the rights of women and girls.

About Ring the Bell for Gender Equality

Launched in 2015 by the UN Global Compact, UN SSE and UN Women, the Ring the Bell for Gender Equality campaign has grown from a small number of participating stock exchanges to a global series of coordinated events uniting exchanges with investors, regulators, issuers and civil society. Since 2016, the initiative has been expanded to include the IFC and the World Federation of Exchanges among its organising partners.

Together, these global partners aim to raise awareness of the pivotal role that financial markets and the broader private sector play in driving equality of women and men —encouraging exchanges and companies to implement practices that improve women's access to finance, participation in leadership, and economic opportunity.

About our Partner Organizations

International Finance Corporation (IFC)

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.1 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org. Follow us on our social media platforms: www.ifc.org/SocialMediaIndex. 

The Sustainable Stock Exchanges initiative

The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE's mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services. To learn more about becoming a Partner Stock Exchange or participating as a regulator or investor, visit sseinitiative.org. Follow us on LinkedIn. 

United Nations Global Compact

The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 66 Country Networks covering 85 countries and 9 Country Managers establishing Networks in 16 other countries, the UN Global Compact is the world's largest corporate sustainability initiative — one Global Compact uniting business for a better world. For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org.

United Nations Entity for Gender Equality and the Empowerment of Women (UN Women)

UN Women is the UN organization dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide. UN Women supports UN Member States as they set global standards for achieving gender equality and works with governments and civil society to design laws, policies, programmes and services needed to ensure that the standards are effectively implemented and truly benefit women and girls worldwide. It works globally to make the vision of the Sustainable Development Goals a reality for women and girls and stands behind women's equal participation in all aspects of life. In collaboration with the UN Global Compact, UN Women engages the private sector through the Women's Empowerment Principles (WEPs) — a global framework and engagement platform to advance gender equality and women's empowerment in the workplace, marketplace, and community. As of 2025, WEPs has attracted over 10.000 CEOs and their companies in 190 countries to accelerate this agenda. UN Women also coordinates and promotes the UN system's work in advancing gender equality. Learn more at: www.unwomen.org and www.weps.org Follow us on Twitter @UN_Women, @WEPrinciples and on LinkedIn: UN Women, WEPs.

About the World Federation of Exchanges (WFE):

Established in 1961, the WFE is the global industry association for exchanges and clearing houses. Headquartered in London, it represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Of our members, 37% are in Asia-Pacific, 44% in EMEA and 19% in the Americas. WFE's 87 member CCPs and clearing services collectively ensure that risk takers post some $1.3 trillion (equivalent) of resources to back their positions, in the form of initial margin and default fund requirements. WFE exchanges, together with other exchanges feeding into our database, are home to over 51,000 listed companies, and the market capitalisation of these entities is over $110 trillion; around $140 trillion (EOB) in trading annually passes through WFE members (at end 2024).

The WFE is the definitive source for exchange-traded statistics and publishes over 350 market data indicators. Its free statistics database stretches back 49 years and provides information and insight into developments on global exchanges. The WFE works with standard-setters, policy makers, regulators and government organisations around the world to support and promote the development of fair, transparent, stable and efficient markets. The WFE shares regulatory authorities' goals of ensuring the safety and soundness of the global financial system.

With extensive experience of developing and enforcing high standards of conduct, the WFE and its members support an orderly, secure, fair and transparent environment for investors; for companies that raise capital; and for all who deal with financial risk. We seek outcomes that maximise the common good, consumer confidence and economic growth. And we engage with policy makers and regulators in an open, collaborative way, reflecting the central, public role that exchanges and CCPs play in a globally integrated financial system. Website: www.world-exchanges.org.

SINGAPORE, March 6, 2026 /PRNewswire/ -- M45 Capital Partners, a Singapore-based multi-asset investment platform focused on disciplined long-term capital compounding, today announced the appointment of Gordon Yeo as Partner and Head of Public Equities & Fundamental Research, strengthening the firm's investment leadership as it continues to expand its investment platform.

Gordon brings more than 14 years of institutional public equities experience to M45. Prior to joining the firm, he spent over 14 years at Arisaig Partners, a highly regarded, research-driven Asian equities investment firm backed by leading global institutional investors. During his tenure, Gordon served as Co-CEO, Partner and Chair of the Investment Committee, overseeing a long-term public equity strategy with peak assets under management of approximately US$5 billion.

At M45, Gordon will lead the firm's public equities platform, including the development and management of the M45 Global Compounder Fund, an unconstrained global public equity strategy designed to serve as a core allocation for long-term capital. The strategy focuses on durable businesses, strong capital allocators and structural value chains capable of compounding capital over extended periods.

In addition to leading public equities, Gordon will oversee the firm's fundamental research function, integrating insights across public markets, private investments and credit. This cross-asset perspective is central to M45's investment philosophy and strengthens the firm's ability to identify opportunities across both listed and private markets.

Gordon's appointment also deepens the firm's sector and company-level research capabilities, reinforcing M45's ability to originate, evaluate and execute direct and co-investment opportunities across both public and private markets. By further enhancing its research platform, the firm aims to generate differentiated insights that can be applied across the capital structure.

Jason Kang, Founding Partner and Chief Investment Officer of M45 Capital Partners, said:

"We are delighted to welcome Gordon to M45. He brings deep institutional investing experience, a rigorous research mindset and a long-term approach to capital allocation that aligns closely with the philosophy we are building at the firm. Gordon has spent more than a decade investing in high-quality businesses and leading investment teams at scale. His addition significantly strengthens our investment platform and positions us well as we continue to expand our capabilities across both public and private markets."

Gordon Yeo, Partner and Head of Public Equities & Fundamental Research, added:

"M45 is building an investment platform centred on disciplined capital compounding and thoughtful risk management across cycles. By combining deep company research with insights drawn from both public and private markets, we believe we can develop a differentiated approach to long-term capital allocation for our partners."

Alongside Gordon's appointment, M45 plans to expand its investment team as the firm continues to deepen its research and investment capabilities. The firm is investing in talent and infrastructure to support its ambition of delivering a truly differentiated, institutional-grade investment platform for families and long-term investors across Singapore and the broader region.

About Gordon Yeo

Gordon Yeo is Partner and Head of Public Equities & Fundamental Research at M45 Capital Partners. Prior to joining M45, he spent over 14 years at Arisaig Partners, where he served as Co-CEO, Partner and Chair of the Investment Committee, overseeing a long-term public equity strategy with peak assets of approximately US$5 billion. Gordon has extensive experience investing in high-quality businesses across Asia and global markets and has led investment teams across Singapore, Mumbai and London.

About M45 Capital Partners

M45 Capital Partners is a multi-asset investment platform built around one core principle: capital should compound with discipline across cycles. The firm allocates across global public equities, private markets and credit, combining deep fundamental research with a cross-asset perspective. By integrating insights from operators, lenders, allocators and capital markets, M45 aims to deliver superior long-term capital allocation outcomes for partners who value clarity, discipline and institutional standards of governance.

M45 currently manages capital for leading Asian institutions, established Asian family offices, and private clients, reflecting a platform that is already trusted by long-term partners. The firm operates across both investment management and wealth management, combining institutional investment capabilities with holistic portfolio solutions for long-duration capital.

China should deploy professional managers to its villages to oversee economic development and free up local officials to focus on governance, a national political adviser said, arguing the move will help unlock sustainable growth in the countryside.

The proposal from Zhou Li'an, a member of the National Committee of the Chinese People's Political Consultative Conference and an expert on rural economy and regional development, comes as China shifts its focus from poverty alleviation to a broader rural vitalization strategy aimed at further narrowing the urban-rural divide.

Under the current system, village secretaries of Communist Party of China and officials typically handle both administrative duties and commercial development.

"Village officials are more suited for political governance or traditional roles, but they are not good at economic management," Zhou said. "You need professional people to do this professional work."

Zhou's proposal is set to feature in discussions at the ongoing two sessions — the annual meetings of the nation's top legislature, the National People's Congress, and the top political advisory body, the CPPCC National Committee — where rural vitalization is among the critical topics up for discussion.

While acknowledging the idea may spark debate, Zhou said such structural reforms are essential for the long-term success of the countryside.

Zhou, director of Peking University's Faculty of Economics and Management, pointed to the emergence of "rural CEOs" in prosperous regions like Zhejiang province as a model.

These individuals — often young, urban-trained professionals returning to the countryside — focus exclusively on commercial strategies such as building brands, managing collective assets and developing high-value industries.

"By separating these roles, we can create positions and space for professionals to play a big role," he said.

The idea of professional economic managers in rural areas has gained attraction in recent years among economists as China steps up its rural vitalization efforts.

Speaking at a forum in Beijing on Dec 21, Sun Qixin, president of China Agricultural University, said the country faces a shortage of professionals who combine technological expertise with business and management skills as rural industries increasingly integrate agriculture, manufacturing and services.

The conference took place after "rural collective economy managers" were formally recognized by national authorities as a new profession earlier that month.

Beyond governance reform, Zhou said attracting private investment remains critical to rural development, but businesses need clear profit incentives.

"Market players are profit-driven. They need to see real and sustainable profit opportunities," he said.

He urged local governments to showcase the diverse economic potential of rural areas beyond agriculture, including rural tourism, wellness retreats and cultural industries. "Unused farm homes can be renovated into guesthouses. Traditional crafts can be turned into educational workshops," Zhou said.

He also called for developing industry clusters that integrate production, processing, logistics and services into coordinated systems, lowering entry barriers for new businesses and reducing transaction costs.

To de-risk investment, Zhou suggested local governments take equity stakes in promising ventures, sharing risks with private investors. Financial institutions should also design credit and insurance products tailored to rural needs, including government-backed guarantees and agricultural insurance programs.

On rural e-commerce — a crucial tool in China's fight against poverty over the past decade — Zhou warned that many regions are falling into homogeneous competition, selling similar products and competing mainly on price.

"Price wars focus on being the cheapest while ignoring value creation," he said. "The future of rural e-commerce is not just selling cheaper, but selling smarter and creating unique value."

He advised local authorities to build regional brands with distinct identities based on local natural resources and industrial strengths. Each region should concentrate on one or two core products and establish high quality standards to protect its reputation, he said.

Zhou also encouraged integrating e-commerce with agriculture, culture and tourism. Typically confined to indoor settings where they showcase local products, livestreaming studios could instead move directly into fields to broadcast crop growth and share local traditions.

"This storytelling adds emotional value to the product's selling process," he said.

Farmers and rural cooperatives should also diversify sales channels beyond major e-commerce platforms, exploring business-to-business options such as fresh food supermarkets and corporate procurement, Zhou added.

SYDNEY, March 6, 2026 /PRNewswire/ -- Westpac Banking Corporation ("Westpac") today announced its intention to voluntarily deregister from the United States Securities and Exchange Commission (the "SEC") by filing a Form 15F with the SEC as early as May 2026. Upon filing the Form 15F, Westpac's reporting obligations under Section 15(d) of the United States Securities Exchange Act of 1934, as amended will be suspended, with termination of those obligations expected to occur 90 days after filing.

Westpac is taking this step after careful consideration of the ongoing requirements associated with SEC registration and in light of changes in the bank's funding composition. Strong growth in household deposits has lifted the bank's deposit‑to‑loan ratio above 80% and Australia's domestic debt markets have deepened. Together with strengthened risk management frameworks, these changes have allowed Westpac to review the format of its U.S. dollar issuance.

Going forward, the bank intends to continue to issue long-term securities in the U.S. market, including under Rule 144A and section 3(a)(2) of the United States Securities Act of 1933, as amended, consistent with the formats used by its Australian bank peers.

Westpac will continue to provide all required information for both existing and future investors on its website (https://www.westpac.com.au).

Forward-looking statements disclaimer
This release contains 'forward-looking statements' within the meaning of section 21E of the U.S. Securities Exchange Act of 1934, as amended, and statements of expectation reflecting Westpac's current views on future events. They are subject to change without notice and certain risks, uncertainties and assumptions which are, in many instances, beyond its control. They have been based upon management's expectations and beliefs concerning future developments and their potential effect on Westpac. Investors should not place undue reliance on forward-looking statements and statements of expectation. Except as required by law, Westpac is not responsible for updating, or obliged to update, any matter arising after the date of this release.

• Majority investment from Goldman Sachs Alternatives in Mace Consult completed, creating a new and independent leading program and project management services provider
  
  
• Begins new phase as client-centric partner, providing seamless collaboration and certainty across the world's most impactful infrastructure and capital programs and projects
  
  
• New structure and investment to enable accelerated global growth, enhanced digital offering and expanded leadership in the industry.

LONDON and NEW YORK, March 6, 2026 /PRNewswire/ -- Mace Consult, a leading independent company focused on delivering impactful infrastructure and capital programs, today announced the successful completion of the majority private equity investment by Goldman Sachs Alternatives and carve-out from Mace Group.

With more than 5,500 specialist professionals operating across six continents, Mace Consult delivers certainty, working with clients from strategy through execution to deliver projects and programs on time, on budget, and on scope.

The transaction, first announced in July 2025, has now closed and establishes Mace Consult as one of the largest independent project and program consulting businesses in the world and creates a strong platform for its future. Led by CEO Davendra Dabasia, Mace Consult will retain the Mace brand and is well-positioned to scale its operations and growth around the globe.

Mace Consult CEO Davendra Dabasia said: "Today marks the beginning of an exciting new chapter for Mace Consult. Our partnership with Goldman Sachs Alternatives gives us the capital and strategic backing to scale our operations, particularly in North America, and to invest in digital tools that provide greater predictability, automation and control to set new standards for program and project delivery, unlocking value across the lifecycle. Our success is built on the talent and dedication of our people, who retain specialist knowledge, for whom this investment offers meaningful career growth as we expand globally."

Mace Consult prioritises outcomes and has partnered with clients on some of the world's most iconic infrastructure programs including the London 2012 Olympic Games, and is currently playing leading roles on the New Hospital Programme in the UK, Hudson Tunnel Project in New York, United States, Metrolinx's GO Expansion program in Toronto, Canada, and major programs in Saudi Arabia including Diriyah and Qiddiya.

Mace Consult was also appointed program management partner for MTR Corporation's new rail network, and the Civil Engineering and Development Department's (CEDD's) Northern Metropolis program in Hong Kong, marking the most significant wins for the business in Asia to date. Mace Consult provides its holistic suite of services to Fortune 500 clients' commercial, industrial, life science and technology portfolios.

Following years of double-digit growth, Mace Consult generated close to US$1 billion in revenue in 2025. The majority investment by GS Alternatives injects capital to accelerate growth in buoyant target markets, such as infrastructure, clean energy and climate resilience, sports and entertainment, advanced manufacturing and technology, and digital connectivity. 

Jose Barreto, Partner within Private Equity at Goldman Sachs Alternatives, added: "We are excited to partner with Mace Consult into the next phase of its growth journey. The company's entrepreneurial culture, focus on client outcomes, and commitment to excellence set it apart in the industry. We're looking forward to supporting Mace Consult as it continues to deliver enduring value for clients and communities worldwide."

Major infrastructure programs often involve dozens of organisations, thousands of decisions, and billions of dollars moving in parallel. Mace Consult manages this integration challenge through four service offerings – Strategic Advisory, Cost and Commercial Management, Program Management Office (PMO) and Planning, and Program and Project Management. This holistic service offering establishes governance and delivery frameworks that enable timely and well-informed decisions, early and pre-emptive resolution of problems, prioritisation of safety and sustainability, and active coordination between interfaces to maintain program momentum. 

Now independent from Mace Group and with ownership of the Mace brand, Mace Consult is focused purely on managing delivery for clients. Mace Consult represents the best interests of clients' programs, challenging timelines, mitigating risks, holding stakeholders accountable, as a fully integrated delivery partner across the lifecycle.

Goldman Sachs Alternatives was advised by Lazard (M&A and Financing), Jefferies International Limited (M&A), and White & Case (Legal). Mace Group was advised by UBS (M&A) and Linklaters (Legal).

About Mace Consult:
Mace Consult brings certainty to the world's most impactful infrastructure and capital programs. For more than 30 years, Mace has set the industry standard for program and project management, PMO (program management office) and planning, cost and commercial management, responsible business, advisory services, and digital solutions. From Olympic Parks, airport expansions, and hospitals to data center campuses, transportation systems, energy networks, and urban developments, our teams help shape infrastructure and places that endure for generations.
With more than 5,500 professionals across six continents, we partner with clients to deliver projects and programs on time, on budget, and on scope. Mace Consult generated close to US$1 billion in revenue in 2025.

Find out more at www.maceglobal.com.

About Private Equity at Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.

The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has approximately $3.6 trillion in assets under supervision globally as of December 31, 2025.

Established in 1986, Private Equity at Goldman Sachs Alternatives has invested over $75 billion since inception. The business combines a global network of relationships, unique insight across markets, industries and regions, and the worldwide resources of Goldman Sachs to build businesses and accelerate value creation across its portfolios.

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New Analysis from Reach Advisors Reveals Region Outpacing Peers

GREATER DES MOINES, Iowa, March 5, 2026 /PRNewswire/ -- The Greater Des Moines Partnership unveiled new analysis from James Chung, President of Reach Advisors, showing Greater Des Moines outperforming Midwestern peers across key economic indicators as it approaches the one-million-resident milestone. Having conducted three deep data analyses of the region over the past decade, Chung's latest findings highlight sustained population, employment and gross domestic product (GDP) growth — paired with affordability and cross-sector collaboration that continue to distinguish Greater Des Moines nationally.

Greater Des Moines' combined statistical area (CSA), which includes the Des Moines and Ames metropolitan statistical areas (MSA), is approaching the one-million-population milestone. This benchmark increases visibility, enhances eligibility for larger federal and corporate investments and signals the scale needed to compete for major projects.

According to the new analysis:

• Population in the CSA is up 13.4% over the past decade, the fastest growth in the Midwest, and is now nearly 940,000 strong.
• Real GDP in the CSA has increased more than 30% in the past decade, ranking #2 among Midwest peers.
• Employment in the CSA has grown 13.3% in the last decade, ranking #1 among Midwest peers.
• The labor force in the Des Moines MSA is now 33% larger than in 2005.

"Most people think this is normal," Chung said at the recent 2025 Greater Des Moines Regional Summit. "It's not. What's happening here is extraordinary."

Chung attributes Greater Des Moines' success to a rare combination of structural strengths, including:

• High-skill households: The region attracts 28% more dual-degree couples than similar metros, generating an estimated 2% boost in GDP.
• A strong economic base: Finance, insurance and real estate make up 20% of jobs, 30% of wages and nearly 40% of regional GDP.
• Collaboration as a competitive edge: Leaders across business, government and civic organizations work across boundaries to solve problems and accelerate progress.

The data is already being used to inform business recruitment, site selection conversations and long-term regional strategy. Greater Des Moines also pairs economic opportunities with exceptional livability, including commute times around 20 minutes and a cost of living well below the national average. It's a combination that continues to attract workers and families from across the country.

"This analysis confirms what we've experienced firsthand," said Tiffany Tauscheck, President and CEO of The Partnership. "Growth at this scale reflects years of collaboration across communities throughout our region. By aligning around shared priorities, we've created momentum that benefits Greater Des Moines and the state of Iowa — and positions our region for even greater opportunities as we approach one million residents."

Recent national rankings reflect the region's competitive strength:

• #2 Top Metro for Number of Economic Development Projects (among metros with a population of 200,000 to 1 million) — Site Selection Magazine, Governor's Cup, 2025
• #2 Best Place for Young Professionals — Forbes, 2024
• #4 Most Livable Metro in the U.S. — RentCafe, 2026
• #5 Best Place for a Fresh Start — ConsumerAffairs, 2026

Further underscoring this sustained performance, more than $5.7 billion in capital investment and economic development activity is currently underway or advancing across the Greater Des Moines region, with an additional $2 billion in active projects in the pipeline.

A few of these projects include:

• Lift DSM — This $600 million investment in a new terminal and parking garage at the Des Moines International Airport will support record passenger growth and evolving travel needs, strengthening regional connectivity and business competitiveness.
• Vermeer Manufacturing Facility — A 300,000-square-foot facility built on 186 acres in Bondurant, Iowa will support 300+ jobs related to the manufacturing and support of industrial parts and equipment, reflecting continued growth in advanced manufacturing in Iowa.
• Robinson Manufacturing Facility — Wisconsin-based Robinson, Inc. will invest $76 million in facility upgrades to a newly constructed manufacturing space outside Altoona, Iowa and create 100 jobs in the custom metal solutions field, marking its first facility outside Wisconsin and further strengthening the region's advanced manufacturing and supply chain capabilities.
• 515 Walnut Tower — This $150 million, 33-story residential skyscraper with 390 residential units is set to be Downtown's third tallest building and the largest of its kind in the Midwest.
• Market District Redevelopment — A $700 million expansion of the Historic East Village that will deliver new housing, restaurants, retail, outdoor gathering spaces and a large public parking hub, connecting Downtown's core with the recently completed $15 million Two Rivers Park.
• Capital City Reinvestment District — This district includes a $500 million development, featuring the Iowa Soccer Development Foundation stadium and plaza. Since 1983, the city and its partners have worked to convert the former Superfund site into productive, community-focused space. This state-of-the-art project includes a professional soccer stadium and Global Plaza, alongside housing, restaurants, a hotel and additional mixed-use development, creating a vibrant destination at a key entrance to the capital city.
• The Grand Experience — The estimated $400 million, 226-acre suburban development is expected to be one of the largest private investment projects in West Des Moines' history and will include an indoor water park, a family entertainment center, a conference center and hotel. 

These projects reflect the measurable gains highlighted in Chung's data — translating into visible, transformative investment across the region. Together, these indicators reflect a region outperforming its peers today while building the scale, infrastructure and alignment needed to compete nationally in the decades ahead.

Media interested in speaking with Chung or with regional leaders deploying this data in real time may request interviews by contacting Metinka Slater, Media Relations Manager for The Partnership.

About the Greater Des Moines Partnership
The Greater Des Moines Partnership is the largest regional business, economic development and talent development organization in Iowa and the second-largest regional chamber of commerce in the country, serving multiple counties in Greater Des Moines. Together with more than 400 Investors and an Affiliate Chamber of Commerce network of more than 7,200 Regional Chamber Members, The Partnership helps businesses grow and advances quality of life in Greater Des Moines with one voice, one mission and as one region, contributing to a vibrant regional economy.

Contact:
Metinka Slater
mslater@DSMpartnership.com
(515) 216-3989
Learn More About DSM USA