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European beef will continue to play aleading role in Singapore in the coming months of 2025

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“It’s Time for European Beef” is a campaign led by Provacuno and co-funded by the EU SINGAPORE – Comunicae – 28 March 2025 – As part of the ongoing It’s Time for European Beef campaign, led by Provacuno (the Agro-food Interprofessional Organization of the Spanish beef industry) and co-funded by the EU, European beef is set to continue its exciting journey in Singapore in 2025: with a series of visits to local production centers and retail, providing an opportunity to explore the ins and outs of Singapore’s beef industry. It’s Time for European Beef This will offer a unique perspective on how local production is aligned with European standards, while also strengthening relationships between Singapore and European beef suppliers. The tour will help foster a deeper understanding of the industry, building connections and sharing knowledge and show the Singapore industry the European Production Model, one of the most rigorous in the world. To cap off the tour, there will be an exclusive tasting event at UNA at the Alkaff Mansion. The event will feature an extraordinary tasting menu designed to highlight the finest aspects of European beef from Spain. A select group of industry professionals, including key players from Singapore’s beef sector, will be invited to indulge in a showcase of the beef’s premium quality, versatility, and rich flavour. Renowned Michelin-starred chefs will put on a spectacular culinary display, elevating the dining experience while underscoring the exceptional qualities of European beef. This exciting event will not only celebrate the incredible flavours of European beef but also serve as a platform for engaging with Singapore’s top beef industry. It’s a fantastic opportunity to promote European beef’s tastiness and versatility, reinforcing its reputation as a premium product that is sure to captivate the palates of the discerning Singaporean market. Another important action to be taken will be a Masterclass for culinary students. Thirty students from a local culinary academy will have the unique opportunity to train with two renowned Michelin-starred chefs from Spain. During this hands-on session, the students will learn all about the exceptional qualities of European beef, including its rich flavour, versatility, and heir cooking techniques. This masterclass promises to be an invaluable experience for the next generation of chefs, offering both education and practical experience in cooking with one of the highest quality meats in the world, beef from Europe. Hashtag: #ItstimeforEuropeanBeef The issuer is solely responsible for the content of this announcement.

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Diabetes Association Unveils T-CaReMe Taipei Declaration at the Asia Diabetes International Conference

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In an effort to achieve a target of 80% of patients controlling the three highs and protecting kidney health within eight years, Taiwan leads the international trend of precise prevention with public-private collaboration in response to the new health goals of Healthy Taiwan. TAIPEI, TAIWAN – Media OutReach Newswire – 28 March 2025 – As the global aging process accelerates, the prevention and care of chronic diseases have become a top priority for countries worldwide. The Taiwanese government has actively responded to international trends by promoting the “Healthy Taiwan” policy and launching the “Three Highs Prevention 888 Plan.” At the third “Healthy Taiwan Promotion Committee” meeting held last month, new goals were announced to reduce the standardized mortality rate of chronic diseases related to the three highs by one-third by 2030, aiming to strengthen chronic disease prevention and control measures through public-private collaboration. In alignment with the vision of “Healthy Taiwan” and the 888 Plan, and connecting with the international trend of “precision prevention” of chronic disease management, the Taiwan Diabetes Association formally presented the “T-CaReMe Precision Care Taipei Declaration” at the Asia Diabetes International Conference. Figure 1: Group photo of the T-CaReME Taipei Declaration, from left to right are: Vice Chairman Li Wen-Ling, Secretary-General Hsu Yong-He, Supervisor Chuang Li-Min, Director Wu Chao-Jun, Director Shih Chong-Liang, Professor Yutaka Seino, Chairman Huang Chien-Ning, Academician Chen Chien-Jen, Professor Moon-Kyu Lee, Professor Daisuke Yabe, Vice President Hsu Hui-Heng, and Chairman Ouh Hong-Yi. With a comprehensive national health insurance system in place, Taiwan ensures that every high-risk group can receive proactive prevention and personalized management early on, demonstrating international competitiveness in the accessibility and completeness of chronic disease care. To address the increasingly severe challenge of chronic diseases—particularly hypertension, hyperlipidemia, diabetes (the three highs), and chronic kidney disease—the Taiwan Diabetes Association unveiled the “T-CaReMe Precision Care Taipei Declaration” at the 17th Scientific Meeting of the Asian Association for the Study of Diabetes (AASD). This declaration was made in witness of various governmental agencies, academic institutions, and medical associations, including the Asian Association for the Study of Diabetes, the National Health Insurance Administration, the Health Promotion Administration, Academia Sinica, the National Health Research Institutes, the Taiwan Society of Nephrology, and the Taiwan Society of Cardiology. The declaration responds to the government’s vision of “Healthy Taiwan” and the goals of the 888 Plan, which focus on delaying disability and increasing life expectancy. It proposes a comprehensive health care model for chronic diseases centered around risk stratification, precision medicine, and digital management, further promoting the integration of holistic health care and medical services, while fostering interdisciplinary collaboration to drive a new paradigm of chronic disease prevention and treatment. Figure 2: On the left is Academician Chen Chien-Jen from the Academia Sinica, and on the right is Chairman Huang Chien-Ning of the Chinese Society of Diabetes, together taking a commemorative photo for the announcement of the T-CaReMe Taipei Declaration. New Health Goals for Healthy Taiwan: Reduce Standardized Mortality Rate of Chronic Diseases Related to the Three Highs by One-Third The Taiwan Diabetes Association Unveils T-CaReMe Declaration to Promote Precision Care Blueprint for Kidney Health in Relation to the Three Highs With the trends of aging, prolonged illness, and the emergence of chronic diseases at younger ages, chronic disease prevention and management have become a global focus. Taiwan is following international trends by establishing the “Healthy Taiwan Promotion Committee,” which has set two major health goals for the next eight years: to increase the average life expectancy of the population from 79 to 82 years and to reduce the proportion of unhealthy life expectancy from 10% to 8%. To strengthen chronic disease management, the government recently announced a target at the Healthy Taiwan Promotion Committee meeting to “reduce the standardized mortality rate of chronic diseases related to the three highs by one-third by 2030,” along with comprehensive strategies promoting healthy lifestyles, obesity prevention, and holistic management of chronic diseases, through public-private collaboration to enhance health policies and reduce the risks of chronic diseases and disabilities. The Taiwan Diabetes Association has released the “T-CaReMe Precision Care Taipei Declaration,” making “Kidney Protection in Relation to the Three Highs” a core focus. Through the T-CaReMe initiative, the vision of “risk stratification, precision medicine, digital management, and increased life expectancy” is implemented, along with five key action frameworks: promoting precise risk diagnostics, standardized clinical guidelines, personalized health management, data sharing, and interdisciplinary collaboration. The goal is to ensure that 80% of patients with the three highs and kidney disease achieve control of blood glucose, blood pressure, and blood lipids while ensuring that 80% of kidney disease patients receive care and medication guidance from care managers, thereby enhancing survival rates and improving health quality, creating a stronger defense for chronic disease care in the population. Risk Stratification × Precision Medicine: T-CaReMe Initiative Launches a New Future for Chronic Disease Management International Experts Gather to Establish Taiwan as a Demonstration Base for Chronic Disease Care The T-CaReMe Taipei Declaration focuses on precise risk diagnostic classification and assessment, aiming to accurately identify high-risk populations and improve the effectiveness of chronic disease management. Through expert consensus and clinical risk stratification, as well as medical guidelines, the initiative integrates clinical data with international standards to ensure that patients receive personalized health management and appropriate treatment. Additionally, the declaration emphasizes collaboration across nations and disciplines, engaging in precision medicine and research achievements in the realm of chronic diseases in the Asia-Pacific region, influencing public health policies and improving chronic disease care outcomes, while developing a more precise and accessible holistic health care approach, solidifying Taiwan’s position as a regional demonstration base. The meeting brought together experts and scholars from the National Health Insurance Administration, the Health Promotion Administration, Academia Sinica, and the National Health Research Institutes, along with representatives from the International Diabetes Federation (IDF-WPR) and the Asian Association for the Study of Diabetes (AASD), to witness the official launch of the “T-CaReMe Precision Care Taipei Declaration.” The Taiwan Diabetes Association stated that the declaration not only lays

Media OutReach

Li Ning Company Limited Announces 2024 Annual Results

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Strengthen the “Single Brand, Multi-Categories, Diversified Channels” Strategy | Solidify Brand and Product Competitiveness, Ensure Steady Operations, and Achieve Pragmatic Growth HONG KONG SAR – Media OutReach Newswire – 28 March 2025 – Li Ning Company Limited (the “Company” or “Li Ning Company”; together with the subsidiaries, collectively, the “Group”; stock codes: 2331 (HKD counter) and 82331 (RMB counter)) announces today its 2024 annual results for the year ended 31 December 2024 (the “Year”). Financial Results In 2024, the Group’s annual performance was generally in line with expectations, a result of robust operational resilience and effective strategic execution. During the Year, the Group’s revenue amounted to RMB28,676 million, representing an increase of 3.9% as compared to that of 2023 (2023: RMB27,598 million). Gross profit amounted to RMB14,156 million, representing an increase of 6.0% compared to that of 2023(2023: RMB13,352 million). The overall gross profit margin increased by one percentage point to 49.4%(2023: 48.4%). During the year, the net profit attributable to equity holders was RMB3,013 million (2023: RMB3,187 million). The margin of net profit attributable to equity holders was 10.5% (2023: 11.5%). Return on equity attributable to equity holders was 11.9% (2023: 13.1%). Basic earnings per share was RMB116.98 cents (2023: RMB123.21 cents). The Board has recommended the payment of final dividend of RMB20.73 cents per ordinary share for the year ended 31 December 2024, together with the interim dividend of RMB37.75 cents per ordinary share paid in September 2024, the total dividend for the year ended 31 December 2024 will amount to RMB58.48 cents per ordinary share or a total dividend payout ratio of 50%(2023: 45%). In terms of cash flow management, the Group’s net cash generated from operating activities during the year amounted to RMB5,268 million (2023: RMB4,688 million). As at 31 December 2024, cash and cash equivalents (including cash at banks and in hand, and fixed term deposits with original maturity of no more than three months) amounted to RMB7,499 million, representing an increase of RMB2,055 million, as compared with the position as at 31 December 2023. Adding back the amount recorded as fixed-term deposits held at banks, cash balance amounted to RMB18,141 million, which represented a net increase of RMB166 million as compared to 31 December 2023. During the year, the Group maintained a healthy level of operating capital, and the net cash generated from operating activities increased compared to the previous year. The Company will continue to prudently assess its capital plan in light of market conditions and capital requirements to ensure maximum efficiency in the use of capital and to support its long-term development objectives. Operational Summary During the Year, the Group maintained its focus on the core strategy of “Single Brand, Multi-categories, Diversified Channels” to enhance product strength through continuous research and development and technological innovation. Furthermore, the Group made significant progress across various aspects of its business including product innovation, brand building, and channel optimization. In 2024, the Group made multi-dimensional breakthroughs in the research and development of technologies. During the Year, the Group launched the new midsole technology “Super BOOM”(超䨻), which is not only lighter and more elastic but also boasts an exceptional elasticity-to-weight ratio, representing the pinnacle of performance for supercritical foaming materials. The BOOM technology platform has achieved four application breakthroughs within six years, evolving from a “single technology” to “four major technologies”. This progression demonstrates the Group’s commitment to exploring materials and manufacturing processes and exceptional ability to deploy and broaden their application, further enhancing its ability to diversify product offerings and iterate product lines. In respect of branding and marketing, the Group continued to focus on the six core categories of running, basketball, training, badminton, table tennis, and sports casual. It also actively explored emerging sports and subcategories, such as outdoor sports, golf, tennis and pickleball. The Group leveraged technological innovation capabilities to drive product upgrades underpinned by three key pillars: solidifying a professional sports mindset, showcasing sports fashion aesthetics, and inheriting Chinese cultural values. Moreover, it proactively sought to strengthen its differentiated brand advantages and enhance brand influence through diversified and comprehensive marketing campaigns. Capitalizing on the market opportunities presented by a year distinguished major sporting events, the Group delved into the essence of its brand spirit and gained insights into the younger generation’s attitudes towards sports. Through these efforts, it articulated the brand spirit of “Dare to Imagine, Create Excellence, Anything is Possible”(敢於想像，創造精彩，一切皆有可能) and launched the “In My Name”(以我為名)-themed marketing campaign, aiming to solidify LI-NING’s professional image and establish a deeper emotional connection with consumers. In respect of channel, the Group consolidated and enhanced operational efficiency for high-end markets and accelerate expansion into emerging markets. In the high-end markets, the Group focused on improving the efficiency of single store sales through a series of refined management processes and the orderly closure of stores with substantial losses to make the channel layout more reasonable, effectively enhancing overall channel efficiency. At the same time, the Group actively expanded its presence in emerging markets. Diversified sales strategies and flexible market response capabilities enable the Group to gradually expand its market share in emerging markets. As of 31 December 2024, the number of conventional stores, flagship stores, China LI-NING stores, factory outlets and multi-brand stores under the LI-NING brand (including LI-NING Core Brand and LI-NING YOUNG) amounted to 7,585, representing a net decrease of 83 POS as compared to 31 December 2023. The number of distributors was 41 (including sales channels of China LI-NING stores), representing a net decrease of 5 as compared to 31 December 2023. In terms of retail operations, the Group intensified efforts to promote a single-store operational model with solid profit and efficiency. It established standard profit and loss models for stores at all levels, standardizing and quantifying core store metrics to link them with management objectives across departments. This formed an efficient and coordinated management system, contributing to improved overall operational efficiency. The Group also strengthened the synergies between inventory and sales planning for single-stores and was committed to achieving improvements in both

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NUS expands start-up hub in Tokyo to propel deep tech innovation

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BLOCK71 Tokyo, its second office in Japan, opens at TAKANAWA GATEWAY CITY, the country’s latest global innovation hub. NUS collaborates with Japanese partners, who will invest about ¥1 billion to spur global venture creation. SINGAPORE – Media OutReach Newswire – 28 March 2025 – NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), is expanding its presence in Japan with the launch of its second BLOCK71 office in Tokyo today. This follows the successful opening of its first location in Nagoya in November 2024. In collaboration with key partners, Central Japan Innovation Capital (CJIC), Kyoto University, and TIS Inc., NUS Enterprise aims to support start-ups, researchers, and students while connecting them with investors. These partnerships align with Japan’s efforts to accelerate the growth of its start-up ecosystem[1]. Located at TAKANAWA GATEWAY Link Scholars’ Hub, BLOCK71 Tokyo will support the growth of Southeast Asian technology-driven start-ups in Japan, contributing to the urban development’s focus on environmental sustainability, mobility and robotics, and smart health. It will also provide Japanese start-ups with the resources needed to expand into Southeast Asia and beyond. “Japan’s strong foundation in technology and research makes it an ideal environment for start-up growth. It ranks among the world’s top three countries for patent applications and invests over three percent of its GDP in R&D, one of the highest globally. This creates immense potential for innovation. With BLOCK71 Tokyo located in the country’s latest innovation hub, we have a strategic platform to connect start-ups and drive cross-border collaboration. To amplify our impact, we are partnering one of Japan’s top universities, a major corporation, and a leading venture capital firm, all sharing our vision to foster deep tech innovation and build a robust global ecosystem,” said Professor Tan Eng Chye, NUS President, at the opening of BLOCK71 Tokyo. Professor Tan was joined by Dr Tan Sian Wee, NUS Senior Vice President, Innovation and Enterprise; Associate Professor Benjamin Tee, Vice President (Ecosystem Building), NUS Enterprise; Mr Hiroyuki Takeshima, Executive Officer, East Japan Railway Company (JR East); and Mr Kikukawa Jingo, Director-General, Innovation and Environment Policy Bureau, Ministry of Economy Trade and Industry[JO1] at the opening of BLOCK71 Tokyo. Building innovation ecosystems through strategic partnerships Building on the success of its globally recognised BLOCK71 model, BLOCK71 Tokyo will promote knowledge exchange, cross-border innovation, and new opportunities for start-ups entering the Japanese market. To deepen its impact, NUS has inked three new partnerships. NUS-Central Japan Innovation Capital collaboration Under a Memorandum of Understanding (MOU) signed by Assoc Prof Tee and Professor Kazuya Takeda, CJIC CEO, CJIC will invest up to five percent of its assets under management in NUS-affiliated deep tech start-ups. The fund aims to raise approximately ¥5 billion by the end of its fundraising, expected in November 2025. A subsidiary of the Tokai National Higher Education and Research System, CJIC supports university start-ups focused on deep tech innovation. NUS and CJIC will also explore broader collaboration opportunities to help start-ups from both ecosystems expand into the Japanese and Southeast Asian markets. NUS-Kyoto University collaboration Beyond funding, NUS is enhancing entrepreneurial support for deep tech start-ups through its partnership with Kyoto University, formalised by an MOU signed by Prof Tan and Dr Nagahiro Minato, Kyoto University President. As a first step, Kyoto University will send start-ups to join the NUS Graduate Research Innovation Programme (NUS GRIP). They will also become the first overseas university partner in a localised version of the programme. This will empower Kyoto University’s graduate students, researchers, and alumni to transform research into impactful deep tech ventures, addressing some of the social challenges in Asia and seizing new opportunities. Both universities will also offer exchange programmes to foster cross-border entrepreneurial experiences. Kyoto University students will have the opportunity to intern at NUS GRIP start-ups, while NUS GRIP start-ups can gain hands-on experience from Kyoto University Innovation Capital Co., Ltd (Kyoto-iCAP), the university’s venture capital arm. This partnership enhances the flow of entrepreneurial talent and deepen innovation ties between the two countries, further boosting their deep tech ecosystems. NUS-TIS Inc. collaboration NUS is expanding its global entrepreneurship efforts through a partnership with TIS Inc., one of Japan’s leading IT companies, to build a globally connected start-up ecosystem. This collaboration, formalised through a Collaboration Agreement signed by Prof Tan and Mr Yasushi Okamoto, TIS Inc. Group President, launches the Deep Tech Seed to A Growth Expansion Programme (Deep-SAGE), a tailored start-up acceleration initiative to help seed-stage start-ups worldwide scale towards pre-Series A and Series A funding. TIS Inc. will commit a total of ¥840 million to support Deep-SAGE over the next three years. This will include three cohorts, each comprising up to 10 start-ups. As part of this commitment, TIS Inc. plans to invest a minimum of ¥55 million each in at least two start-ups per cohort. BLOCK71 will design and deliver the programme, providing structured support through virtual mentorship sessions and workshops. Start-ups will also have incubation opportunities at BLOCK71 offices across 11 cities, including Singapore, Silicon Valley, Saigon and Suzhou, drawing on a global network that supports international market entry and commercial opportunities. Through these strategic collaborations, NUS reinforces its position as a leading start-up university in the global innovation landscape, nurturing entrepreneurial mindsets and empowering the next generation of technology entrepreneurs. Deepening market immersion and cultural exchange in Tokyo Following the success of its second Japan Immersion Programme in Nagoya held in 2024, where start-ups gained insights into Japan’s manufacturing powerhouse, BLOCK71 Japan will launch the third edition in Tokyo in May 2025. The 2024 programme provided start-ups with a deeper understanding of Japan’s culturally distinct landscape, helping them build connections with local partners, secure new customers, and develop new proof-of-concept projects. The 2025 edition will focus on the three key themes of TAKANAWA GATEWAY CITY: environmental sustainability, mobility and robotics, and smart health. It will welcome five Southeast Asian start-ups, who will have the opportunity to showcase their solutions at the upcoming GATEWAY Tech TAKANAWA event — a platform for large corporations and start-ups

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ARLO Unveils All-New Universal Solar Panel with Enhanced Compatibility

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Arlo Introduces the Universal Solar Panel, designed to be compatible with more Arlo cameras and floodlights HONG KONG SAR – Media OutReach Newswire – 28 March 2025 – Arlo Technologies, Inc. (NYSE: ARLO), a leading brand in smart home security, is thrilled to introduce its latest security camera accessory to the Hong Kong market—the Arlo Universal Solar Panel. Designed for broader compatibility than previous models, this versatile solar panel works seamlessly with more Arlo cameras and floodlights, ensuring continuous power and enhanced security. With a recommended price at just R.R.P. HK$418, it delivers 24/7 smart home protection at exceptional value, especially for Pro 5 and Ultra 2 customers. The Arlo Universal Solar Panel takes the guesswork out of choosing the right solar accessory by offering multiple connectors, making it easier for customers to find the perfect fit for their Arlo cameras and floodlights. Its greater compatibility, also simplifies things for retailers, as they only need to stock and recommend a single model for a wide range of Arlo products. By reducing the complexity for both consumers and retailers, the Universal Solar Panel, aims to minimise returns and provide a better overall experience. Key features of the Universal Solar Panel include: Powered by the Sun: Use solar power to keep your Arlo wire-free cameras and floodlights powered. Enhanced Compatibility: Compatible with battery powered Arlo Essential series, Go 2 series, Pro 3 series and above, Ultra series, and wireless Floodlights. Continuous Charging: Stay powered and connected without needing to remove the battery. Weather-Resistant Design: Built to withstand the elements, the Universal Solar Panel is durable and ready for outdoor conditions. The Universal Solar Panel is available for purchase late March via the Arlo website and major retail partners. For more information on the full range of Arlo smart home security products and services, visit https://www.arlo.com/hk/.Hashtag: #Arlo The issuer is solely responsible for the content of this announcement. About Arlo Technologies, Inc. Arlo is an award-winning, industry leader that is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security solutions. Arlo’s deep expertise in AI- and CV-powered analytics, cloud services, user experience and product design, and innovative wireless and RF connectivity enables the delivery of a seamless, smart security experience for Arlo users that is easy to set up and interact with every day. Arlo’s cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. Arlo has recently launched several categories of award-winning connected devices, software, and services. These include wire-free, smart Wi-Fi and LTE-enabled security cameras, video doorbells, floodlights, security system, and Arlo’s subscription services: Arlo Secure and Arlo Safe. With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to implementing industry standards for data protection designed to keep users’ personal information private and in their control. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

Media OutReach

Wealth for Good in Hong Kong Summit 2025 reinforces city’s role as global family office hub, driving innovation, collaboration and lasting legacies

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HONG KONG SAR – Media OutReach Newswire – 28 March 2025 – The Wealth for Good in Hong Kong Summit (WGHK) which has brought to Hong Kong some 360 influential global family office principals, visionary leaders and industry pioneers concluded today (March 26). Themed “Hong Kong of the World, for the World”, the event demonstrated Hong Kong’s unparalleled strengths as a bridge between East and West, where innovation, investment, and cross-cultural collaboration flourish. Co-organised by the Financial Services and the Treasury Bureau and Invest Hong Kong (InvestHK), the third edition of the Summit delivered an influential platform for collaboration and innovation and drew global decision-makers from regions including the Mainland, Asia, Europe, the Americas, the Middle East, Africa and Hong Kong to engage in interactive discussions exploring how wealth can drive social progress and sustainable impact. As a flagship event of the Wealth and Investment Mega Event Week during Hong Kong Super March, the WGHK was opened by the Financial Secretary, Mr Paul Chan. He said, “Family offices play a vital role in preserving family wealth, creating lasting influences through philanthropy worldwide and leading impact investment. As an international financial centre, we have a robust network of world-class financial service professionals and offer an extensive array of investment opportunities. In this city, international foundations, charities and non-governmental organisations come together to form a vibrant philanthropy network. We are also investing heavily to propel Hong Kong’s development in innovation and technology like green tech and AI, benefiting the future of humanity. All these, together with the quality lifestyle in Hong Kong, the convergence of Eastern and Western cultures, the dazzling array of mega events, make Hong Kong the ideal place for family offices to thrive and realise their ambitions.” The Secretary for Financial Services and the Treasury, Mr Christopher Hui, stated that the well-received event reaffirmed Hong Kong’s stature as a pre-eminent global hub for family offices. He said, “This vibrant city – a beacon of opportunity, a super connector between East and West, and a thriving hub for over 2 700 single family offices – is where your vision, your capital, and your passion can flourish. Together, we stand on the cusp of a new era, one where wealth is not just preserved but harnessed as a force for good, transcending borders and generations. I invite you to join us in a shared mission: to build, to learn, and to give. These three pillars will define our collaboration, inspiring you to leverage Hong Kong’s unique ecosystem to create a lasting impact.” The Director-General of Investment Promotion at InvestHK, Ms Alpha Lau, said, “Hong Kong is Asia’s leading global hub for wealth management, innovation, and sustainable investment. The WGHK again proved to be an exceptional platform for thought leadership, uniting global family offices to exchange ideas and drive positive change while leveraging the city’s robust financial infrastructure and connectivity. At InvestHK, we are dedicated to supporting global investors in unlocking new opportunities and making a lasting impact in Asia and beyond.” The WGHK featured a distinguished lineup of international speakers who shared insights on the transformative power of wealth. Through insightful sharing of speakers on three sub-themes at panel discussions, participants delved into the evolving landscape of art, culture and luxury, the strategic delivery of impact philanthropy, and the expanding role of technology and artificial intelligence in driving sustainable wealth creation. There was also a fireside chat discussing on the theme “Crafting Success Across Continents and Industries”. Many speakers today rated Hong Kong highly as an ideal place for setting up family offices. Founder of ADLEGACY, Mr Horst Bente, said, “Hong Kong has always been a special place for our family. The expansion of the company in the ’60s and ’70s to Asia came through Hong Kong. My parents and I were here when I was a little boy, so we’ve spent a lot of time in this city. To me, Hong Kong has always been the gateway to Asia. Investors are here, money is here, and obviously the talent is here. Hong Kong has a dynamic energy, brand-new facilities, and a genuine enthusiasm for sports. We want to be part of that and help create something that doesn’t exist here yet.” The Vice Chairman of Swarovski International Holding, Mr Robert Buchbauer, said, “When I look at Hong Kong, I see a city that offers stability, predictability, and an environment that is business-friendly – key elements for any family office seeking a solid foundation for long-term growth. People in Hong Kong want to do business, and that entrepreneurial spirit hasn’t changed. It’s what makes Hong Kong so dynamic and a perfect place for legacy-focused companies like ours to explore new partnerships and paths for growth.” The Co-founder and Chairman of Alibaba Group, Mr Joe Tsai, said, “I first discovered Hong Kong in the 1980s, and it struck me as a truly international city with an unmatched entrepreneurial energy. Even through challenging times, Hong Kong’s free-market DNA, vibrant financial markets, and supportive tax environment stand out – making it, in my view, one of the best places for businesses and family offices to thrive.” The Summit concluded with a Gala Dinner, uniting family offices and industry leaders from around the world for an evening of connections and insight-sharing. Set against the stunning backdrop of Victoria Harbour and Hong Kong’s iconic skyline, attendees engaged in meaningful discussions about family legacies and opportunities, and appreciated the city’s energy, entrepreneurial spirit, and commitment to fostering innovation and collaboration. Hashtag: #WGHK The issuer is solely responsible for the content of this announcement.

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CDFG Global Brands Meeting Fuels Global Expansion of Chinese Cultural-Trend Brands

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CDFG Partners with 8 Leading Heritage-Inspired Brands to Chart New Course HONG KONG SAR – Media OutReach Newswire – 28 March 2025 – Under the theme “Redefine Frontiers, Synergize Futures,” the CDFG Global Brands Meeting 2025 convened in Sanya, attracting 224 global brands across tobacco & spirits, fragrances & cosmetics, luxury goods, and food & general merchandises. The event provided deep insights into China’s travel retail market, focusing on policy trends, industry innovation, and cutting-edge technologies. Strategic Partnerships to Drive Global Expansion CDFG signed agreements with eight representative Chinese brands that exemplify the rise of national trends, blending traditional culture with modern design across fashion, sports, beauty, and lifestyle sectors: Bloomage Bio Technology Corporation Limited (skincare innovation) Giant Biogene Holding Co., Ltd. (biotech-driven beauty) Shanghai Chando Group Co., Ltd. (eco-conscious cosmetics) Eve Group (traditional craftsmanship meets modern design) Xian You San Ding Culture & Art Adverting Co. , Ltd. (cultural art revitalization) Putian Cangyuntang Art Co. (heritage-inspired collectibles) Youth Home Sporting Goods (sports lifestyle branding) Xiamen Tianxingke Digital Tech (digital cultural experiences) From Local Champions to Global Icons As the world’s leading travel retailer, CDFG will leverage its global distribution network, supply chain expertise, and consumer insights to support these brands in product localization, marketing, and overseas channel expansion. The partnerships aim to bridge Chinese cultural heritage with global consumer trends, transforming “Made in China” into “Global Icons” while enhancing both cultural influence and commercial value. Quality as the Cornerstone CDFG maintains rigorous quality control from procurement to retail, ensuring every product embodies brand excellence. As the most trusted gateway for international brands entering China and Chinese brands expanding abroad, CDFG combines operational precision with cultural authenticity. Future Vision: A New Era for Travel Retail CDFG will continue to accelerate the globalization of China-chic brands through cross-cultural innovation and overseas market development. By collaborating with global partners, the group aims to redefine the future of travel retail, creating shared value in an interconnected world. Hashtag: #CDFG The issuer is solely responsible for the content of this announcement. About CDFG – The World’s Leading Travel Retailer China Duty Free Group was officially established in 1984 and has since set up over 200 duty free shops. These outlets cover a wide range of areas, including airports, on-board aircrafts, borders, passenger stations, railway stations, foreign cruise supplies, diplomatists, cruises and local (both offshore and outbound) destinations, all supported by eight customs supervised logistics centers. It has developed into the duty free operator with the most types and the highest number of retail outlets in a single country worldwide, providing duty free products and services to nearly 200 million domestic and foreign tourists every year. https://www.cdfg.com.cn

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KPMG’s “Be in Front” Global Talent Model Powers Ecosystem Advancement in Singapore and Beyond

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SINGAPORE – Media OutReach Newswire – 28 March 2025 – KPMG in Singapore is proud to highlight its “Be in Front” talent development and brand philosophy, which empowers clients and communities to lead in an era of unprecedented change. This approach underscores KPMG’s commitment to providing its professionals with the expertise, courage and innovative mindset needed to navigate today’s complex global business landscape. Rooted in advanced expertise, collaboration, and international mobility, KPMG adopts a structured approach to empowering its talent to deliver measurable results, foster client success, and nurture ecosystems globally. Through the strength of its globally connected talent base, the firm addresses complex business challenges while contributing its expertise to fill knowledge gaps in ecosystems worldwide. KPMG’s insights and talent strategies reflect best practices that align with Singapore’s broader economic agenda of supporting job creation, skills enhancement and global competitiveness. “Singapore’s competitiveness as a global hub is interwoven with the calibre of its talent. We are committed to developing our people to create impact locally and globally,” said Lee Sze Yeng, Managing Partner of KPMG in Singapore. “In today’s geopolitical environment, and where technology and regulations evolve at varying speeds, talent needs to navigate considerable ambiguity. Our talent model equips professionals to interpret these ‘in-between’ spaces, identify opportunities and define new pathways for success. This is how we enable our clients and communities to ‘Be in Front’—to lead with confidence and achieve success on a global scale.” Strengthening Global Talent to Create Global Impact KPMG believes in using its workforce as a transformative force for industries and communities worldwide. The firm has a robust talent development model, underpinned by strategic efforts to accelerate professional growth, enhance collaboration, and develop a multi-disciplinary workforce: 1. Advanced Expertise and Professional Growth on a Global Scale Amid evolving global demands, KPMG is equipping professionals to stay ahead of the curve through: Futurist Training Programmes: The firm takes a holistic approach towards learning and development, with a focus on data and digital skills, sustainability principles and leadership skills in a global business context. These initiatives ensure that our people are well-equipped to respond effectively to emerging trends and challenges and seize new opportunities. Knowledge Exchange Platforms: Structured platforms for sharing insights and strategies across teams enable proactive problem-solving on a global scale. 2. Collaboration for Innovation Collaboration is central to KPMG’s role as a talent-driven success story. We recognise the power of alliances in fostering innovation that clients and ecosystems can directly benefit from. Global Connectivity via Cross-Border Teams: Diverse teams from across our global network of firms bring fresh perspectives and help our clients address regulatory, technological and operational complexities. Our deep insights and experiences across various industries and geographies enable us to deliver additional value to our clients. Innovative Culture: Innovation at KPMG is embedded in our DNA. We are not just responsive but proactive, nurturing an environment that thrives on courageous, forward-thinking ideas. This dynamic culture empowers our capable talent to lead on complex issues and co-create high-value, practical solutions. From investments in digital hubs to tools like KPMG Clara and KPMG Digital Gateway, which integrate precision analytics for actionable insights, we deliver cutting-edge results that redefine possibilities for entire industries. 3. Opportunities for Talent Mobility Global exposure is part of KPMG’s talent ethos, positioning professionals to seamlessly transition between addressing local needs and global challenges. Such exposure also helps the firm’s workforce to develop a well-rounded and multi-disciplinary perspective which is crucial for anticipating trends in the business landscape. KPMG Global Talent Network: International mobility frameworks like secondments and tailored exchange programmes ensure that professionals not only gain valuable experiences but also contribute to talent ecosystems abroad. Developing a multi-disciplinary workforce: Besides providing professionals with international exposure, KPMG recognises that developing a globally capable workforce starts from efforts at home. The firm’s Explore Programme enables staff to rotate across audit, tax, and advisory over the course of two years, after which they will become a specialist with holistic knowledge of other business functions. Having both depth and breadth of knowledge enables our people to adeptly navigate a complex landscape that cuts across various business areas. Contributing to Singapore’s Global Competitiveness The firm’s efforts in these key areas are aligned with Singapore’s strategic goals to grow its leadership pipeline and transform its workforce for continued resilience. By bridging global and local needs, our talent practices support job creation, knowledge transfer and industry readiness. Attracting Global Talent: KPMG remains an attractive destination for professionals worldwide. Its environment supports professional success while enriching Singapore’s business landscape. Building Ecosystem Capacity: Through secondments and collaborations across teams and with industry players, KPMG’s framework directly harnesses workforce potential across industries. Combining industry expertise and a robust talent strategy, the firm works with strategic partners to enhance business capabilities, such as by imparting insights on how corporates can ensure their talent pool remains competitive and relevant. Innovation Leadership: KPMG teams meaningfully contribute actionable insights to areas like digital transformation and sustainability imperatives, reinforcing Singapore’s push for sustainable growth. For example, the firm has analysed the impact of sustainability trends on financial services jobs through its Sustainable Finance Jobs Transformation Map. It has also provided a strategic guide on how local businesses can develop digital talent while embedding sustainability into their operations. These initiatives challenge the firm’s people, clients and organisations in the wider ecosystem to push boundaries and set ambitious goals. Hashtag: #KPMG’ The issuer is solely responsible for the content of this announcement. About KPMG International KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. For more detail about our structure, please visit kpmg.com/governance.

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Rhenus Group expands Management Board to drive transformation and growth

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Rhenus Group expands Management Board from four to seven members to reflect the Group’s significant transformation and growth ambition, elevating crucial roles to the highest level of decision-taking Dr. Joana Bätz appointed member of the Rhenus Group Management Board with responsibility for the Group functions for Human Resources, Sustainability and Compliance Jan Harnisch appointed member of the Rhenus Group Management Board for the Air & Ocean Division Dr. Marcus Ewig appointed member of the Rhenus Group Management Board for the Automotive Division and Group Procurement, Health & Safety and Quality Management SINGAPORE – Media OutReach Newswire – 28 March 2025 – Effective 1 April 2025, the Rhenus Group has appointed three experienced leaders from within the company to the Management Board. Dr. Joana Bätz will be representing the Group functions for Human Resources, Sustainability and Compliance, Jan Harnisch for Air & Ocean and Dr. Marcus Ewig for Automotive as well as the Group functions Procurement, Health & Safety and Quality Management. The expansion of the Management Board reflects the company’s transformation into a leading global logistics company, lifting crucial roles to the highest level of decision-taking and reinforcing the Group’s commitment to future growth. Over the past three decades, Rhenus has evolved from a mid-sized German logistics company into the world’s largest family-owned logistics provider, offering resilient and integrated supply chain solutions tailored to the rapidly changing needs of diverse industries. To navigate the complexities of the global logistics market and drive sustainable transformation, Rhenus has recognized the need for enhanced leadership and strategic guidance at the highest level. The expansion of the Management Board is a key step in this direction. “We are delighted to welcome three accomplished leaders in their respective areas of responsibility to the Management Board,” says Dr. Marco Schröter, Chairman of the Supervisory Board Rhenus Group. “These appointments demonstrate our commitment to leveraging our own talent and the deep expertise within Rhenus Group. Their combined experience will be invaluable as we navigate the evolving logistics landscape and pursue our ambitious growth path.” “With the expansion of our Management Board we are reinforcing our people-centered approach and our commitment to future-proofing our company for generations to come. In addition, we are setting an important focus on strengthening all our divisions on a global level: in times of geopolitical volatility and rapidly changing market environments, we are ensuring that we can provide even more resilient, tailor-made logistics solutions for our customers and meet the specific needs of each industry even better,” adds Tobias Bartz, CEO Rhenus Group. “I have had the pleasure of working alongside these great colleagues for many years. Their operational expertise, strategic mindset, deep industry knowledge and their alignment with the unique Rhenus family values will be strong assets to the board. I’m delighted to welcome them and wish them every success in their new roles.” New Board Member Appointments With the appointment of Dr. Joana Bätz, Rhenus is giving top priority to its employees, the driving force behind the company’s success. Overseeing the Group functions for Human Resources, Compliance and Sustainability, she holds a key role in shaping the Group’s long-term strategy. Joana Bätz brings almost two decades of experience in the logistics sector, seven years of those spent with the Rhenus Group. She rapidly advanced into global leadership roles, before she was appointed Group CHRO in 2022. In this role, she implemented a professionalized Group-wide HR organization, significantly drove the company’s cultural change and brought people management to the next level by introducing HR technology solutions and launching a global employer brand. She received her doctorate from the Johann Wolfgang Goethe University, Frankfurt (Main), with a focus on Human Resources and Organizational Development. Air & Ocean is now represented on the Board by its global CEO, Jan Harnisch, who has been with Rhenus since 2012. He has held leadership roles within the Air & Ocean Division at both global and regional levels, including Global COO since 2020 and Global CEO since 2022. Jan played a pivotal role in the division’s expansion into new international markets while driving operational excellence, digital transformation, and strategic growth. His focus is on scaling Rhenus Air & Ocean’s position as a global top player in freight forwarding by accelerating its international footprint, increasing agility, and advancing customer-centric logistics solutions that drive long-term value. Dr. Marcus Ewig has been elevated to the Management Board from his role as CEO of Rhenus Automotive, a position he has held since 2017. His key achievements include leading the international expansion of Rhenus Automotive into China and the US, establishing a joint venture for battery lifecycle management, and continuously driving the divisions growth and success. Marcus Ewig can tap into his vast experience in the automotive sector, having held various leadership positions at Porsche. In addition to Automotive, he will also be responsible for the Group functions Procurement, Health & Safety and Quality Management. He earned his doctorate in business informatics at the University of Leipzig. Moving forward, the Management Board of the Rhenus Group will have seven members: Tobias Bartz (CEO & Chairman), Gilles Delarue, Dr. Stephan Peters, Andreas Stöckli, Dr. Joana Bätz, Jan Harnisch, and Dr. Marcus Ewig, each contributing their unique expertise to drive the company’s continued success. Hashtag: #Rhenus The issuer is solely responsible for the content of this announcement. About Rhenus Group The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 7.5 billion. 40,000 employees work at 1,320 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

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The Future of Oil: Market Trends, Risks, and Trading Potential with Octa Broker

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​ KUALA LUMPUR, MALAYSIA – Media OutReach Neswire – 28 March 2025 – As of March 2025, Brent crude oil prices have experienced fluctuations: its price traded between $68.30 and slightly above $73 per barrel. This volatility reflects evolving macroeconomic factors and geopolitical dynamics. OPEC+ has announced plans to gradually increase oil production starting in April 2025, aiming to unwind 2.2 million barrels per day of previous cuts over an 18-month period. Despite global efforts to transition towards renewable energy sources, oil continues to play a pivotal role in the global economy. Octa Broker, a broker with globally recognised licenses, discusses the potential attractiveness of investments in oil in 2025 and the risks to consider. Octa Broker Oil Price Forecasts for 2025: Expert Predictions Oil can become a lucrative trade option in 2025. The U.S. Energy Information Administration (EIA) projects Brent crude oil prices to average $74 per barrel in 2025 and decline to $68 per barrel in 2026. Pickering Energy Partners’ Chief Investment Officer, Dan Pickering, expects oil prices to range between $65 and $75 per barrel in 2025 amid ongoing supply tightness and geopolitical risks. According to Kar Yong Ang, financial market analyst at Octa Broker, oil remains a core asset for traders looking to hedge against inflation and geopolitical risk. He says that ‘Oil‘s price movements in 2025 will be shaped by supply-side decisions from OPEC+ and the geopolitical landscape. Traders should be prepared for volatility but also recognise the potential for trading opportunities in these market conditions.’ Global oil demand is projected to rise by 1.4 million barrels per day in 2025, driven by strong air travel and automotive demand. However, economic uncertainties, including tariff disputes and potential recession fears, have introduced near-term instability in the oil market. Factors Affecting Oil Prices Geopolitical tensions continue to be a leading force in the oil market. The current political tension and conflict in the principal areas of oil production can affect supply chains. Despite tensions simmering in the Middle East, strong global oil supply is keeping prices from shooting spectacularly. OPEC+ remains the world’s dominant oil supplier, recently indicating a willingness to increase production—an outlook that can put pressure on prices. But non-OPEC producers, particularly U.S. shale firms, are significant as well. While U.S. production remains robust, its growth rate has slowed compared to recent years. On the demand side, China remains the largest crude oil consumer, but its slowing economy is making the sector apprehensive about future demand. India, on its part, is continuing to exhibit healthy demand, underpinning market stability, while the U.S. is contributing to potential headwinds powered by tariff-related economic pressure. These supply-side-leading dynamics will play out with demand-side uncertainty and set the trajectory of the petroleum market over the next few months. Oil Investment Potential in 2025 and Associated Risks Oil has historically been a trusted inflation hedge, but in 2025 its direction is not at all obvious. The market is being pulled in two opposite directions by a mix of economic and geopolitical pressures, each with the power to move prices a lot. On the downside, the spectre of a worldwide economic slowdown threatens the market. New tariffs and increasing trade tensions have the power to sap demand and therefore pull oil prices lower. Crude can plummet sharply if it turns for the worse, and a full-fledged recession sets in. Meanwhile, Middle East instability is building, and with Iran becoming increasingly involved, the risk of supply disruptions is increasing. If it escalates further, oil can come back hard. OPEC has also complicated matters. The cartel has been increasing production, expecting demand to rise as well, but there is a very real chance that they overestimated. When demand doesn’t rise as much as hoped, the market is in an oversupply situation, and prices will be falling again. And then there is the longer-term transformation. The worldwide push towards renewables is slowly reshaping energy markets, and while the transition won’t be instantaneous, it’s already tightening the screws on oil demand. Prices might not react in the near term, but the handwriting is on the wall. Meanwhile, U.S. shale, once the biggest wild card in global oil supply, is no longer the unstoppable force that it was. Production is still robust, but growth has slowed, and most believe that the industry has already peaked. That is one reason that can potentially keep prices underpinned in the long term. Weak demand forecasts by China were one of the key drivers of oil prices in 2024. In 2025 political tensions might give rise to supply shocks resulting in surprise price peaks, making oil a good option as a short-term trade. In the long term, the asset price may remain relatively stable or even decrease, as expected by the experts. However, traders must balance risks before they invest, even in the short term. Oil prices are highly sensitive to geopolitical tensions, which may usher in unexpected price swings. Recessions in large economies, particularly China, may dampen demand, while the global shift towards alternative energy sources is a long-term threat to the supremacy of oil. In addition, overproduction by the oil-producing nations may result in lower prices and render it unprofitable for investors. The Role of Oil in the Global Energy Transition Oil companies are still expanding their portfolios into renewable energy investments, showing heightened interest in sustainability. Investment in clean energy by oil and gas companies rose to approximately USD 30 billion in 2023, which accounts for less than 4% of their overall capital expenditure. Notably, over 60% of this investment came from just four major companies: Equinor, TotalEnergies, Shell, and BP, highlighting that a small group of industry leaders are spearheading the transition. This push into wind, solar, and hydrogen investments, alongside continued oil production, provides new opportunities for traders to diversify their portfolios with both conventional energy assets and new renewables. Practical Recommendations for Traders and Investors To successfully trade the oil market in 2025, investors and traders can consider the following tips: Stay Informed

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