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Day: September 2, 2025

Moody’s upgraded LHV Group’s senior ratings

The rating agency Moody’s Investors Service upgraded LHV Group’s long-term issuer and senior unsecured ratings to Baa2 (with a positive outlook) and assigned Ba1 rating to LHV Group’s proposed subordinated notes. These ratings and the positive outlook indicate LHV’s strong financial position and capitalization as well as express the expectation of further strengthening of solidity. Moody’s has assigned AS LHV Group long-term issuer ratings:Long-term issuer rating Baa2 Senior unsecured rating Baa2 Subordinated notes (Tier 2) Ba1 Outlook of the ratings is positiveMoody’s affirmed the ratings assigned to AS LHV Pank:Long- and short-term counterparty risk assessment of A3(cr)/Prime-2(cr) Long- and short-term counterparty risk rating of A3/Prime-2 Long-term bank deposit rating A3 Short-term bank deposit rating Prime-2 The...

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Dennis de Vreede to step down as CFO at 2026 AGM

Wereldhave N.V. (‘Wereldhave’) announces that CFO and Executive Board member Dennis de Vreede has decided to step down following the completion of his second term, at the Annual General Meeting (AGM) in 2026. Dennis has informed the Supervisory Board and CEO Matthijs Storm that he will not be available for a third term. Having joined Wereldhave in 2018, Dennis has served as CFO for eight years. He will step down at the AGM on 13 May 2026 and will ensure a smooth transition to his successor. The Supervisory Board and CEO Matthijs Storm are deeply grateful to Dennis for his important contributions to the strategic changes at Wereldhave since he joined in 2018. Françoise Dechesne, Chair of the Supervisory Board said: “We are particularly grateful to Dennis for his contribution to the progress Wereldhave has made in recent years. He has established...

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Definitive Feasibility Study Results and Reserves Upgrade Confirms Minim Martap as a Tier-One Bauxite Operation

Canyon to Build Minim Martap into a Long-Life and Key Bauxite Operation, Underpinned by an NPV of US$835M, IRR of 29% and a 33% Increase in Ore Reserves PERTH, Australia, Sept. 02, 2025 (GLOBE NEWSWIRE) — HIGHLIGHTS Ore Reserves Estimate Upgrade33% increase in DSO (Direct Shipping Ore) grade Ore Reserves at Minim Martap to 144DMt of ore at 51.2% Al2O3 and 1.7% SiO2 over 20 year mine life High alumina grade of >51% and low silica content will command a long-term price premium of up to US$11/t over Guinea Standard bauxite Ore Reserves for both Makan and Ngoundal will be completed during H2, 2025Production – Staged development to reduce initial capitalFirst ore production planned for Q1, 2026 and first bauxite shipment planned for H1, 2026 Existing rail capacity available prior to the PQ2 rail upgrade allows low Capex, fast...

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Nokia partners with Extreme Broadband to improve security and future-proof data centers in Malaysia

Press Release Nokia partners with Extreme Broadband to improve security and future-proof data centers in MalaysiaExtreme Broadband (EBB) and its subsidiary Open DC will improve operational efficiency and support diverse use cases for their customers in Malaysia’s growing digital economy. Nokia’s Data Center Gateway, Data Center Fabric and quantum-safe networks solution will enable Open DC to provide more reliable, secure and high-performance services, addressing the future demands of Malaysia’s enterprise segments, including banking and finance.2 September 2025 Kuala Lumpur, Malaysia – Nokia today announced that it has signed a contract agreement with Extreme Broadband (EBB) and its wholly owned subsidiary, Open DC, to upgrade Open DC’s Artificial Intelligence (AI) data centers, ensuring superior security and network performance....

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FTI Consulting Expands Corporate Finance & Restructuring Segment in Asia with Appointment of Hitesh Tak as Senior Managing Director

SINGAPORE, Sept. 01, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Hitesh Tak as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment, based in Singapore. Mr. Tak brings more than 25 years of experience in strategy, operations and performance improvement, with a strong track record of supporting public and private-sector organisations in Southeast Asia. He has advised clients across a range of industries — including diversified industrials, automotive, agri-commodities, mining, logistics, construction and private equity — on strategic planning and implementation, cost optimization, revenue enhancement and large-scale business transformation. At FTI Consulting, Mr. Tak will work closely with business leaders, investors and government stakeholders to...

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Crédit Agricole S.A. Launches Tender Offers for Perpetual Notes

THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IS NOT AN OFFER TO PURCHASE OR A SOLICITATION OF OFFERS TO SELL ANY SECURITIES. Montrouge 2 September 2025 Crédit Agricole S.A. Launches Tender Offers for Perpetual Notes ____________________ Crédit Agricole S.A. today announced the launch of offers to purchase for cash any and all of two series of its outstanding perpetual notes: (i) its USD 8.125% Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes (the “USD Notes”) (the “USD Notes Offer”) and (ii) its GBP 7.500% Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes (the “GBP Notes” and together with the USD Notes, the “Existing Notes”) (the “GBP Notes Offer” and, together with the “USD Notes Offer”, the “Offers”). The Offers are subject to certain offer restrictions further described below. Further...

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Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: The Company Plans to Have the Middle East Final Launch for FX Super One at the End of October and Kick Off Sales and First Deliveries in November

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor UpdateFaraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: The Company Plans to Have the Middle East Final Launch for FX Super One at the End of October and Kick Off Sales and First Deliveries in NovemberLOS ANGELES, Sept. 01, 2025 (GLOBE NEWSWIRE) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF. Co-CEO Weekly Report No. 18, also the 4th Monthly Report.   “Let’s start with the major progress and announcement I teased last week: We plan to have the Middle East final launch for FX Super One at the end of October and kick off...

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