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Hydrogen demand could increase fivefold by 2050, while clean production may rise to 60% by 2035, driven by significant investments and planned projects globally. While market potential for hydrogen is very high, there are lots of unknown variables and risks for setting up a robust and secure infrastructure. The insurance sector has an important role to play in the hydrogen economy, addressing risks across the supply chain, from construction and production through to the end user, and through direct investment. SINGAPORE – Media OutReach Newswire – 30 July 2025 – Hydrogen will play a crucial role in driving the green transition with demand expected to surge in the coming decades. Around 60 governments have adopted hydrogen strategies, while the number of planned projects is already exceeding 1,500 globally compared to around 200 in 2021 – an increase of around 600%. To realize these projects, a total investment volume of US$680bn until 2030 may be needed, according to the Hydrogen Council and McKinsey, which will trigger a greatly increased demand for insurance to protect against risks as this investment is activated. Europe is leading the way by far with 617 planned projects and the highest total investment announced at $199bn. While the potential of hydrogen is undoubtable, there are still challenges and headwinds to overcome. The potential size and scope of the hydrogen economy will depend on a range of factors including the evolving political, trade, and economic environment, as well as demand. Policymakers and regulators need to address costs for the development of the infrastructure, so that scaling up at a competitive level towards other energy sources is possible. Across all industries, stringent safety measures will be vital to manage hydrogen’s inherent risks. This is where the insurance industry comes into play. As hydrogen becomes integrated into the global economy, insurers can expect to see a significant increase in demand for coverage, with Allianz Commercial expecting the insurance market for hydrogen project coverage to grow to over US$3 billion in premiums by 2030. “Insurers have a key role to play in the development of the hydrogen economy, enabling investment and innovation, and providing risk management advice and guidance. Collaboration and knowledge-sharing within this industry are essential for developing best practices and building expertise. By addressing these multi-faceted challenges, the insurance sector can support the growth of the hydrogen economy and help facilitate the transition to net-zero emissions,” says Anthony Vassallo, Global Head of Natural Resources at Allianz Commercial. Hydrogen offers great potential in Asia Pacific, but challenges and risks remain While it holds much promise and has been used in the chemical and refinery sectors for many decades, with risks such as fire, explosion and embrittlement being already well-known, the integration of hydrogen into other industries brings a range of challenges with currently planned mega projects requiring a scale-up of risk management. Energy production facilities will involve hydrogen storage and high-temperature combustion, which can lead to leaks and explosions. In transport, applications like hydrogen fuel cell vehicles will also face risks of hydrogen embrittlement and leaks. Port operators, bunkering facilities and fuel handlers will need to manage highly flammable and cryogenic hydrogen fuels, bringing accident and contamination risks. “Hydrogen holds significant promise in driving the energy transition across the Asia Pacific region, and we are already seeing power generation projects being developed that are designed to run with hydrogen as a potential fuel source. Further collaboration between countries can also be expected, in areas such as storage and transportation infrastructure, that will help to accelerate the deployment of hydrogen in the region. Allianz Commercial, with its proven expertise in low-carbon and energy sectors, is dedicated to supporting clients on their sustainability journey,” adds Trent Cannings, Regional Head of Natural Resources & Construction and Head of Specialty Hub at Allianz Commercial Asia Pacific. Risk management and mitigation are crucial for hydrogen projects Given hydrogen’s unique properties and high combustibility, ensuring safety throughout the value chain is crucial. Analysis of hydrogen-related incidents shows that undetected leaks can easily lead to explosions; equipment design, maintenance and training can help prevent the escape of flammable hydrogen gas, while the risks of ignition can also be reduced by locating hydrogen facilities in the open. Embrittlement risks can be managed using hydrogen-compatible materials and specifically designed resistant coatings. In addition to preventing incidents, organizations can take steps to limit the extent of property damage, business interruption, and third-party liability. Buildings and facilities should be designed and constructed to withstand natural hazards, fire and explosion, and limit damage to adjacent property and equipment. Robust hydrogen leak detection and isolation systems are also paramount. Human error is also a common factor in large losses. Operational, safety, emergency procedures, and training should be frequently updated, including having robust and well-rehearsed plans in place for accidental releases. “Given the wide reach of the hydrogen value chain and its potential uses, the implications for insurance could be far-reaching, touching on multiple sectors and lines of business over the next decade. However, from an exposure and potential claims perspective, product lines such as Energy, Natural Resources and Liability are likely to see the biggest impact from hydrogen risks over the next five to 10 years, followed by Property and Marine,” explains Vassallo. Hashtag: #allianzcommercial https://commercial.allianz.com/https://www.linkedin.com/company/allianz-commercial/ The issuer is solely responsible for the content of this announcement. About Allianz Commercial Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, financial strength, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding

SINGAPORE – Media OutReach Newswire – 30 July 2025 – Kim Gan Enterprise Pte. Ltd., an auto parts supplier in Singapore, is celebrating its 24th anniversary this year. Since its founding in 2001, the company began as a filter supplier and has since expanded its product range and customer base. Today, it supplies industrial and automotive components to sectors including marine, construction, and oil and gas. Kim Gan Enterprise team commemorating 24 years in the industry. From Filters to Full-Service Supply Established in 2001, Kim Gan Enterprise began with a simple goal: to provide quality filters supported by responsive customer service. In 2007, a pivotal moment came when the company was appointed the authorised distributor for Parker Hannifin filters—marking its expansion into the marine industry. Today, Kim Gan Enterprise carries a wide range of products beyond filters, including batteries, wiper blades, fan belts, and engine lubricants. The company’s ability to scale with customer demand, along with its expanding inventory of industrial and automotive components, has allowed it to support clients in diverse sectors across Southeast Asia. Beyond its commercial activities, Kim Gan Enterprise has also remained dedicated to giving back to the community. Its corporate social responsibility (CSR) efforts extend across borders, with ongoing support for orphanages and old folk homes in Myanmar and other regions where the company operates. Building Credibility Through Partnerships and Quality Assurance Kim Gan Enterprise’s growth is supported by its sister company, HAWK Soon Hin Industries Sdn Bhd, which manufactures filters under the OSK (formerly Osaka) and Eurofil brands. The OSK filter line is distributed in Singapore and internationally, forming a key part of Kim Gan Enterprise’s supply network of automotive components. This integrated relationship enables tighter control over product quality and availability across industries. Furthermore, the company maintains quality management standards and participates in industry compliance programmes to support its operational and service commitments. It is also a registered member of relevant business and credit information networks in Singapore. Looking Ahead and Planning for Long-Term Growth As it enters its 24th year of operations, Kim Gan Enterprise continues to focus on long-term relationships, product reliability, and operational flexibility. The company remains committed to meeting the evolving needs of its clients while maintaining the same dedication to quality that has defined its early years. Customers can expect continued product expansion and a commitment to dependable supply across industries. Hashtag: #KimGanEnterprise https://kimgan.com/ The issuer is solely responsible for the content of this announcement. About Kim Gan Enterprise Pte Ltd Founded in 2001, Kim Gan Enterprise Pte. Ltd. is a Singapore-based supplier of automotive and industrial components. The company offers a wide range of products, including oil, fuel and air filters, batteries, lubricants, fan belts, and wiper blades. Serving sectors such as marine, construction, and oil and gas, Kim Gan Enterprise is committed to providing reliable products, responsive service, and competitive pricing.

Recognition by Nikkei BizRuptors underscores Letright’s role in redefining eco-conscious luxury in global outdoor living KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 30 July 2025 – Letright Industrial Corp., Asia’s leading sustainable outdoor living specialist, has been featured in Nikkei BizRuptors, a case study platform by Nikkei Business Lab Asia. The feature highlights Letright’s bold vision of merging sustainability with luxury in outdoor furnishing. Ombra by Letright-smart pergola that combines solar innovation with luxury design, redefining sustainable outdoor living. Originally developed by the ACES Institute, the business case was adapted for educational use by Nikkei BizRuptors. It spotlights Letright’s innovation-driven leadership and sustainable engineering, focusing on Ombra, its flagship solar pergola that blends sleek design with advanced solar integration and patented technologies “Our journey goes beyond profits, it’s about creating positive environmental and social impact,” said Ren Li, Founder and CEO of Letright. Letright has become a global benchmark in eco-luxury by replacing traditional wood with sustainable materials such as aluminum and wood-plastic composites. It has also advanced surface technology with thermoregulating TIGER powder coatings and integrated solar systems, setting new industry standards. From a local startup to a global brand with a presence in Europe, North America, and emerging markets in the Middle East and Africa, Letright’s growth reflects its strong ESG focus. Nikkei BizRuptors, part of the Nikkei Group, which also publishes Nikkei Asia and the Financial Times—showcases real-world case studies for business education. Letright’s inclusion adds to a growing body of Asia-centric materials used in schools and leadership programs globally. “This feature affirms our role in shaping responsible innovation,” said Ren Li. “We’re proud to be part of the global conversation on sustainability and design.” Letright’s spotlight marks a strategic step forward in expanding its influence and partnerships worldwide. Hashtag: #Letright #SustainableLuxury #OutdoorLiving #GreenInnovation #ESGLeadership #SustainableDesign #NikkeiBizRuptors #BusinessCaseStudy https://letright.com/https://www.linkedin.com/company/letright-industrial-corp-.-ltd./https://www.facebook.com/letrighthttps://www.instagram.com/solar.pergola/ The issuer is solely responsible for the content of this announcement. Letright Industrial Corp., Ltd. Letright Industrial Corp. specializes in sustainable outdoor furnishing and living, redefining luxury through eco-conscious design. Since 1999, it has pioneered materials like aluminum and wood-plastic composites to reduce environmental impact. Known for precision engineering, patented technologies, and ethical practices, Letright’s products including the Ombra solar pergola blend form, function, and sustainability. Headquartered in Asia with a growing global presence, Letright is committed to doing the right things and doing things right, shaping the future of responsible outdoor living. For more information, visit https://letright.com/

HONG KONG SAR – Media OutReach Newswire – 30 July 2025 – Storefriendly Self Storage Group has recently been honored with the prestigious “I&T Award (Hong Kong)” and “ESG Award (Hong Kong)” by the Self Storage Association Asia (SSAA). As an industry pioneer, the Group is the first to introduce a cutting-edge self-service storage system, including intelligent management solutions and AI-powered real-time customer support. The Group will soon celebrate the grand opening of its new flagship location, Storefriendly Tower (Peninsula West) in Lai Chi Kok, marking a milestone in its mission to deliver faster and higher-quality services to its customers. Award-Winning Innovation: Cutting-edge Self-Service Storage System Storefriendly’s innovative self-service storage solution earned the 2025 SSAA “I&T Award (Hong Kong)”, underscoring the Group’s relentless pursuit of innovation and its role in setting new standards for the industry. Embracing the digital era, Storefriendly has pioneered the integration of the O2O (Online-to-Offline) model to streamline the storage rental process. Customers can now select branches and unit sizes, complete payments, and confirm bookings online, all from their mobile devices or computers. Upon confirmation, a QR code is issued for seamless access to the selected branch, enabling a swift and user-friendly move-in process. 24/7 Security and IoT Monitoring for Enhanced Safety Storefriendly’s physical locations are equipped with 24/7 security surveillance and automated environmental monitoring, powered by Internet of Things (IoT) technology. This system detects anomalies such as power surges or water leakage in real time, ensuring rapid response and optimal storage conditions. Coupled with a 24-hour customer support hotline, these features offer customers peace of mind when using the self-service storage units. Hybrid AI + Human Customer Service for Faster & More Personalized Support Customer service is another cornerstone of Storefriendly’s development strategy. After years of listening to customer feedback, the Group identified a need for faster and more in-depth support. By incorporating a smart AI-driven customer service system, Storefriendly now offers 24-hour assistance for basic inquiries and facility tour bookings. At the same time, the Group remains committed to providing personalized support through human agents during service hours, ensuring a premium and empathetic customer experience. Full-Building Storage Tower Ecosystem Promoting Sustainability In addition to offering comprehensive storage services, Storefriendly Tower locations, including the Lai Chi Kok branch, are equipped with solar systems and EV charging stations, reinforcing the Group’s commitment to environmental sustainability. These green initiatives have earned the Group the “ESG Award (Hong Kong)”, recognizing its leadership in sustainable development within the storage industry. Premium, Club-Level Facilities Unlock New Possibilities for Storage As Hong Kong’s first full-building self storage ecosystem, Storefriendly Tower provides club-class storage experiences with added-value amenities that enrich the customer journey. These include but are not limited to: Free on-site parking with complimentary EV charging Bike repair station for cycling enthusiasts renting bike units Tool stations on traditional storage floors to facilitate packing and transport Dedicated workspaces for customers to handle personal tasks etc. Specialized Storage: Wine Storage & Safety Box Beyond conventional storage, Storefriendly is expanding into specialized and boutique storage solutions, such as climate-controlled wine cellars and on-demand safety boxes. The wine storage units are equipped with temperature and humidity control systems to preserve wine quality, while the smart safes offer high-security storage for valuables with real-time monitoring and secure access, meeting the diverse needs of modern customers. Hashtag: #StoreFriendlyTower The issuer is solely responsible for the content of this announcement. About Storefriendly Self Storage Group Founded in 2002, Storefriendly Self Storage Group is one of Asia’s leading self storage brands, operating over 90 branches and 40,000 storage units across Hong Kong, Macau, Singapore, and Taiwan. More than half of its branches are self-owned properties, strategically located with 24-hour smart access systems and robust security infrastructure. The Group is committed to providing safe and flexible storage solutions for both personal and business clients. Storefriendly continues to invest in technology, including AI customer service, wine cellars, and smart safes, to enhance service quality and deliver an exceptional storage experience. Visit Storefriendly: https://storefriendlytower.com

The conference program will begin on the first day of the Expo, which runs from 10-12 September 2025 at the Sands Expo and Convention Centre in Singapore, and continue throughout the three-day event. SINGAPORE – Media OutReach Newswire – 30 July 2025 – Seafood Expo Asia, organized by Diversified, announces its 2025 conference program with a wide range of sessions and experts providing practical discussions around the major issues and opportunities facing the Asian seafood sector. Topics will cover aquaculture innovations, sustainable food systems and fish processing, the future of aquafeeds, data around seafood trends and consumer behavior in the region and more. As part of the program, a keynote address will be held by leading Asian economist, Mr. Manu Bhaskaran who will provide the industry with key insights into global trends and their implications for regional growth, currencies and investment strategies. Sustainability in Fish Processing, Supply Chains and Aquafeeds Representatives from BAADER will give a presentation titled, “Harnessing Technology for Sustainable Fish Processing: Value Every Gram.” The discussion will touch on the evolving world of fish processing, advancements in automation, productivity and consumer trends. Transparency, sustainability, food safety and the importance of animal welfare for industry practices and expectations will be discussed. A session titled, “Establishing Equitable, Sustainable and Accountable Seafood Supply Chains Across Asia,” with representatives from Seafood Legacy, Qingdao Marine Conservation Society and Resonance will delve into the urgent need to build sustainable food systems in the Asian region. The panel will discuss the increasing seafood demand among consumers, the risks involved in the depletion of fishery resources due to illegal, unreported, and unregulated (IUU) fishing and climate change and the need for improving working conditions. In “The Future of Aquafeeds: Balancing Sustainability and Nutritional Excellence,” Dr. Enrico Bachis from The Marine Ingredients Organisation will address the challenges and opportunities to maintaining and expanding sustainable management practices across fisheries. The session will also discuss innovative approaches to optimizing the beneficial nutritional properties of fishmeal and fish oil. Aquaculture Advancements, Innovations and Market Access Three leading aquaculture operators will share the latest advancements and innovative projects in the fish farming industry. The session will provide key stakeholders and seafood buyers with valuable insights into the current aquaculture landscape, while highlighting opportunities to build a more resilient and sustainable food system. Speakers from FAO, Seafood Legacy and the National University of Singapore will share data around the growing influence of non-traditional trade provisions on fisheries and aquaculture and how they are reshaping the sector by addressing labor rights, environmental protection and sustainable development. Seafood Market Consumer Trends, Insights and Dynamics in Southeast Asia A session on seafood market trends in Southeast Asia and a look at what to expect in 2026 will analyze the diverse and rapidly evolving consumer base in the region that is driving investment. The panel will discuss the latest data to uncover seafood trends, how innovative products are reshaping the market and how the global supply chain will evolve by 2030. Panelists will include Åshild Nakken, Norwegian Seafood Council, Nicolas Brossard, Ocean Consult, Adam Wing, Seafood Scotland and Nicolas Thériault, New Brunswick Department of Agriculture. Consumer insights shaping demand for seafood products across Asia, with a focus on sustainability, traceability and certification will be the focus of a panel discussion between speakers from Seafood Industries Association Singapore, The Fish Farmer and DNV. The session will provide valuable takeaways to help companies in the seafood supply chain align products and practices with the evolving needs of today’s consumers. Additionally, a comprehensive analysis on shrimp market dynamics provided by S&P Global will explore the entire shrimp value chain, from feed production to the consumer, and focus on how trade disruptions reshape market dynamics, pricing and strategic outlooks for producers and buyers. Seafood Expo Asia serves as a strategic platform gathering seafood suppliers from around the world and buyers from across Asia. Seafood professionals from across the supply chain will gather in one place to learn about new opportunities in the sector, build and strengthen business partnerships, discover the latest seafood products, processing equipment and services and learn about the latest trends in the Asian market. Seafood industry professionals can learn more about Seafood Expo Asia, find information on the conference program and other special events and register to attend for free by visiting www.seafoodexpo.com/asia. Hashtag: #SEASIA25 https://www.linkedin.com/showcase/seafood-expo-asia/posts/?feedView=allhttps://www.facebook.com/SeafoodExpoAsiahttps://www.instagram.com/seafoodexpoasia The issuer is solely responsible for the content of this announcement. Seafood Expo Asia Seafood Expo Asia is a trade event where buyers from across Asia and industry suppliers from around the world come together to network and conduct business in the lucrative Asian market. The event is produced by Diversified and takes place annually in Asia. SeafoodSource is the exposition’s official media covering industry news year-round. HOW TO REGISTER: To register as media/press, please click here. To register as an attendee, please click here. About Diversified Diversified is a global B2B events and media company that strengthens business communities by fostering a space, in person and online, for professionals and businesses to connect and grow. The company serves as a trusted partner across several industries including active lifestyle, business management, clean energy, commercial marine, healthcare, seafood, technology and more. The company’s global seafood portfolio of expositions and media includes Seafood Expo North America/Seafood Processing North America, Seafood Expo Global/Seafood Processing Global, Seafood Expo Asia and SeafoodSource.com. Established in 1949 and headquartered in Portland, Maine, the global company has divisions and offices around the world in Australia, Canada, Hong Kong and the United Kingdom. Diversified is a third-generation, family-owned business. For more information, visit: www.divcom.com.

ANYANG, CHINA – Media OutReach Newswire – 29 July 2025 – From July 23 to 27, the Shanghai Cooperation Organization Media and Think Tank Summit was held in Henan Province. During this event, guests from multiple countries visited Anyang, Henan, one of China’s Eight Ancient Capitals, to gain profound insights into this ancient city’s historical legacy and modern vitality. Anyang is home to Yinxu (the Yin Ruins), a UNESCO World Heritage site, the hometown of Oracle Bone Inscriptions and the birthplace of the Book of Changes (I Ching). Along the banks of the Huan River stands the Yinxu Museum, its form echoing a monumental bronze Ding, radiating solemn grandeur. In the Oracle Bone Inscription exhibition hall, characters carved onto tortoise shells and animal bones seemed to grow more mysterious under dramatic lighting, as guests clustered around displays, intently deciphering each stroke’s meaning. Yinxu Museum “China’s enduring civilization is a cornerstone of its global standing,” said Robinder Nath Sachdev, President of Imagindia Institute, New Delhi, India, visiting China for the first time. Deeply impressed by China’s profound culture, he added, “This visit has aroused a curiosity and I’ll delve further into Anyang’s history and culture upon my return.” At the Red Flag Canal Museum in Linzhou, Anyang, Olga Migunova, Scientific Director of the Center for the Study of China, St. Petersburg State University of Economics, lingered before the large photograph Celebration of the Red Flag Canal’s Water Flow. As the guide narrated, scenes from over 60 years ago came alive. Under extreme hardship, local people leveled 1,250 hills, excavated 211 tunnels, and carved a 1,500-kilometer “river of life” into cliff faces. This feat ended Linzhou’s history of “nine droughts in ten years,” a time when water was “as precious as oil”. “We’ve read much about Anyang, but experiencing it firsthand is entirely different. This, I believe, is the ‘cradle of Chinese civilization’,” Migunova said. She noted that Red Flag Canal embodies the Chinese people’s tenacious spirit toward life and nature, reflecting their cultural tradition of uniting to overcome adversity. “Similarly, if SCO countries stand together, we too can surmount countless challenges.” Aman Mambetaliyev, Deputy Director of the Central Communications Service under the President of the Republic of Kazakhstan, remarked: “The Red Flag Canal spirit offers inspiration to other countries. Coming from Kazakhstan where water scarcity and global warming challenge us, we might adopt this approach. The Canal demonstrates that shared conviction and purpose can achieve the impossible.” Guests also visited Henan Guangyuan New Material Co., Ltd. in Linzhou. In its electronic fabric workshop, automated production lines drew them to pause and take photos. “We’ve read about this in journals, but witnessing cutting-edge materials being made is truly awe-inspiring,” said Nikolay Migunov, Chief Editor of “Daotong Eastern Literature Press” Company Limited. “I realize now: the hum of precision machines and the rhythm of assembly lines foster a social bond, igniting collective pride in ‘Made in China’.” This journey, bridging history, illuminates the future. Walking through Central China, guests absorbed the splendor of Chinese civilization, heard tales of tenacious endeavor, and perceived the pulse of economic development. Meanwhile, the sincere fellowship of the “SCO Family” grew ever stronger. Hashtag: #AnyangMunicipalPublicityDepartment The issuer is solely responsible for the content of this announcement.