Media OutReach

Dusit Princess Moena and Dusit Princess Firenze to open in 4Q 2029. BANGKOK, THAILAND – Media OutReach Newswire – 14 January 2025 – Dusit International, one of Thailand’s leading hotel and property development companies, represented in the Philippines by Dusit Thani Philippines Inc., has signed hotel management agreements with IDC Prime, a wholly owned subsidiary of Italpinas Development Corp, a design-driven developer of sustainable properties in emerging cities in the Philippines, to manage two new hotels in Northern Mindanao under Dusit’s upper-midscale Dusit Princess brand. Under the agreement, Dusit will manage two hotels: Dusit Princess Firenze and Dusit Princess Moena. Pictured here, Dusit Princess Moena will be a highlight of the sustainability-focused Moena Mountain Estate, nestled in the lush, forested mountains of Manolo Fortich, Bukidnon. Slated to open in late 2029, Dusit Princess Moena will be a standout feature of Moena Mountain Estate, a sustainability-focused mixed-use development located in the lush, forested mountains of Manolo Fortich, Bukidnon, on the outskirts of the Mount Kitanglad Range Natural Park. Thoughtfully designed to blend seamlessly with its natural surroundings, the 184-key hotel will cater to both business and leisure travellers, offering a wide range of premium facilities, including a lobby lounge, business centre, all-day dining restaurant, outdoor pool, fully equipped gym, yoga room, and a versatile multipurpose area. Known as the ‘Baguio of Mindanao,’ Dahilayan is already a popular destination for nature enthusiasts thanks to its stunning mountain scenery, striking landscapes, cool climate, and a variety of outdoor adventures. With its contemporary accommodation and extensive range of services, Dusit Princess Moena will further enhance the area’s appeal, complementing existing attractions such as Dahilayan Adventure Park and the expansive Del Monte Pineapple plantations. Further north, and also slated to open in late 2029, Dusit Princess Firenze will be a key highlight of IDC’s Firenze Green Tower project in the Limketkai area of Cagayan de Oro, near the city’s commercial and business districts. Leveraging the city’s reputation as the “Adventure Capital of the Philippines” and its fast-growing business and leisure markets, this 14-storey mixed-use green development will seamlessly combine commercial, residential, and hotel spaces. Dusit will manage 180 rooms on the tower’s upper floors, providing guests with exceptional views and Dusit’s signature high standards of service. Designed to provide unparalleled convenience, memorable experiences, and exceptional value for guests and residents alike, the project will also feature an array of premium facilities, including a gym, spa, multipurpose areas, commercial spaces, and a swimming pool. “We are delighted and honoured to collaborate with IDC Prime to further expand our presence in the Philippines through these remarkable projects,” said Gilles Cretallaz, Chief Operating Officer, Dusit International. “The Philippine’s dynamic economic growth and thriving tourism sector offer unparalleled opportunities for innovation and advancement. With IDC Prime’s shared commitment to sustainability and positive impact, we are excited to bring our distinctive Thai-inspired gracious hospitality to these vibrant Mindanao destinations, delivering meaningful and memorable guest experiences while creating lasting value for the broader community.” The Firenze Green Tower and Moena Mountain Estate projects are pre-existing real estate joint ventures between IDC, as the property developer, and the Go family, the original site owners. Adding hotel components to these developments is set to elevate their appeal, positioning Dusit Princess Moena and Dusit Princess Firenze as destinations in their own right. “IDC was founded on our belief in the Philippine’s growth story, particularly in areas such as these, which are full of potential for transformative development” said Arch. Romolo Nati, CEO and Chairman, IDC Prime. “Our projects are recognised for their sustainability and architectural innovation, consistently delivering a ‘level-up’ in elegance and quality. Partnering with Dusit to bring world-class hotels to Cagayan de Oro and Bukidnon is a natural extension of this vision, and we look forward to welcoming these exceptional properties to our portfolio.” Dusit’s portfolio currently includes 302 properties operating across 19 countries, including 58 properties under Dusit Hotels and Resorts and 244 luxury villas under Elite Havens, the leading provider of luxury villa rentals in Asia. Dusit-branded hotels currently operating in the Philippines include Dusit Thani Manila, Dusit Thani Mactan Cebu Resort, Dusit Thani Residence Davao, dusitD2 Davao, and Dusit Thani Lubi Plantation Resort. Hashtag: #DusitInternational #DusitPrincessMoena #DusitPrincessFirenze The issuer is solely responsible for the content of this announcement. About Dusit Hotels and Resorts Dusit Hotels and Resorts is the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide. For more information, please visit dusit.com About Dusit International Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services. Dusit International’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification. For more information, please visit dusit-international.com

Dusit Princess Moena and Dusit Princess Firenze to open in 4Q 2029. BANGKOK, THAILAND – Media OutReach Newswire – 14 January 2025 – Dusit International, one of Thailand’s leading hotel and property development companies, represented in the Philippines by Dusit Thani Philippines Inc., has signed hotel management agreements with IDC Prime, a wholly owned subsidiary of Italpinas Development Corp, a design-driven developer of sustainable properties in emerging cities in the Philippines, to manage two new hotels in Northern Mindanao under Dusit’s upper-midscale Dusit Princess brand. Under the agreement, Dusit will manage two hotels: Dusit Princess Firenze and Dusit Princess Moena. Pictured here, Dusit Princess Moena will be a highlight of the sustainability-focused Moena Mountain Estate, nestled in the lush, forested mountains of Manolo Fortich, Bukidnon. Slated to open in late 2029, Dusit Princess Moena will be a standout feature of Moena Mountain Estate, a sustainability-focused mixed-use development located in the lush, forested mountains of Manolo Fortich, Bukidnon, on the outskirts of the Mount Kitanglad Range Natural Park. Thoughtfully designed to blend seamlessly with its natural surroundings, the 184-key hotel will cater to both business and leisure travellers, offering a wide range of premium facilities, including a lobby lounge, business centre, all-day dining restaurant, outdoor pool, fully equipped gym, yoga room, and a versatile multipurpose area. Known as the ‘Baguio of Mindanao,’ Dahilayan is already a popular destination for nature enthusiasts thanks to its stunning mountain scenery, striking landscapes, cool climate, and a variety of outdoor adventures. With its contemporary accommodation and extensive range of services, Dusit Princess Moena will further enhance the area’s appeal, complementing existing attractions such as Dahilayan Adventure Park and the expansive Del Monte Pineapple plantations. Further north, and also slated to open in late 2029, Dusit Princess Firenze will be a key highlight of IDC’s Firenze Green Tower project in the Limketkai area of Cagayan de Oro, near the city’s commercial and business districts. Leveraging the city’s reputation as the “Adventure Capital of the Philippines” and its fast-growing business and leisure markets, this 14-storey mixed-use green development will seamlessly combine commercial, residential, and hotel spaces. Dusit will manage 180 rooms on the tower’s upper floors, providing guests with exceptional views and Dusit’s signature high standards of service. Designed to provide unparalleled convenience, memorable experiences, and exceptional value for guests and residents alike, the project will also feature an array of premium facilities, including a gym, spa, multipurpose areas, commercial spaces, and a swimming pool. “We are delighted and honoured to collaborate with IDC Prime to further expand our presence in the Philippines through these remarkable projects,” said Gilles Cretallaz, Chief Operating Officer, Dusit International. “The Philippine’s dynamic economic growth and thriving tourism sector offer unparalleled opportunities for innovation and advancement. With IDC Prime’s shared commitment to sustainability and positive impact, we are excited to bring our distinctive Thai-inspired gracious hospitality to these vibrant Mindanao destinations, delivering meaningful and memorable guest experiences while creating lasting value for the broader community.” The Firenze Green Tower and Moena Mountain Estate projects are pre-existing real estate joint ventures between IDC, as the property developer, and the Go family, the original site owners. Adding hotel components to these developments is set to elevate their appeal, positioning Dusit Princess Moena and Dusit Princess Firenze as destinations in their own right. “IDC was founded on our belief in the Philippine’s growth story, particularly in areas such as these, which are full of potential for transformative development” said Arch. Romolo Nati, CEO and Chairman, IDC Prime. “Our projects are recognised for their sustainability and architectural innovation, consistently delivering a ‘level-up’ in elegance and quality. Partnering with Dusit to bring world-class hotels to Cagayan de Oro and Bukidnon is a natural extension of this vision, and we look forward to welcoming these exceptional properties to our portfolio.” Dusit’s portfolio currently includes 302 properties operating across 19 countries, including 58 properties under Dusit Hotels and Resorts and 244 luxury villas under Elite Havens, the leading provider of luxury villa rentals in Asia. Dusit-branded hotels currently operating in the Philippines include Dusit Thani Manila, Dusit Thani Mactan Cebu Resort, Dusit Thani Residence Davao, dusitD2 Davao, and Dusit Thani Lubi Plantation Resort. Hashtag: #DusitInternational #DusitPrincessMoena #DusitPrincessFirenze The issuer is solely responsible for the content of this announcement. About Dusit Hotels and Resorts Dusit Hotels and Resorts is the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide. For more information, please visit dusit.com About Dusit International Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services. Dusit International’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification. For more information, please visit dusit-international.com

Dusit Princess Moena and Dusit Princess Firenze to open in 4Q 2029. BANGKOK, THAILAND – Media OutReach Newswire – 14 January 2025 – Dusit International, one of Thailand’s leading hotel and property development companies, represented in the Philippines by Dusit Thani Philippines Inc., has signed hotel management agreements with IDC Prime, a wholly owned subsidiary of Italpinas Development Corp, a design-driven developer of sustainable properties in emerging cities in the Philippines, to manage two new hotels in Northern Mindanao under Dusit’s upper-midscale Dusit Princess brand. Under the agreement, Dusit will manage two hotels: Dusit Princess Firenze and Dusit Princess Moena. Pictured here, Dusit Princess Moena will be a highlight of the sustainability-focused Moena Mountain Estate, nestled in the lush, forested mountains of Manolo Fortich, Bukidnon. Slated to open in late 2029, Dusit Princess Moena will be a standout feature of Moena Mountain Estate, a sustainability-focused mixed-use development located in the lush, forested mountains of Manolo Fortich, Bukidnon, on the outskirts of the Mount Kitanglad Range Natural Park. Thoughtfully designed to blend seamlessly with its natural surroundings, the 184-key hotel will cater to both business and leisure travellers, offering a wide range of premium facilities, including a lobby lounge, business centre, all-day dining restaurant, outdoor pool, fully equipped gym, yoga room, and a versatile multipurpose area. Known as the ‘Baguio of Mindanao,’ Dahilayan is already a popular destination for nature enthusiasts thanks to its stunning mountain scenery, striking landscapes, cool climate, and a variety of outdoor adventures. With its contemporary accommodation and extensive range of services, Dusit Princess Moena will further enhance the area’s appeal, complementing existing attractions such as Dahilayan Adventure Park and the expansive Del Monte Pineapple plantations. Further north, and also slated to open in late 2029, Dusit Princess Firenze will be a key highlight of IDC’s Firenze Green Tower project in the Limketkai area of Cagayan de Oro, near the city’s commercial and business districts. Leveraging the city’s reputation as the “Adventure Capital of the Philippines” and its fast-growing business and leisure markets, this 14-storey mixed-use green development will seamlessly combine commercial, residential, and hotel spaces. Dusit will manage 180 rooms on the tower’s upper floors, providing guests with exceptional views and Dusit’s signature high standards of service. Designed to provide unparalleled convenience, memorable experiences, and exceptional value for guests and residents alike, the project will also feature an array of premium facilities, including a gym, spa, multipurpose areas, commercial spaces, and a swimming pool. “We are delighted and honoured to collaborate with IDC Prime to further expand our presence in the Philippines through these remarkable projects,” said Gilles Cretallaz, Chief Operating Officer, Dusit International. “The Philippine’s dynamic economic growth and thriving tourism sector offer unparalleled opportunities for innovation and advancement. With IDC Prime’s shared commitment to sustainability and positive impact, we are excited to bring our distinctive Thai-inspired gracious hospitality to these vibrant Mindanao destinations, delivering meaningful and memorable guest experiences while creating lasting value for the broader community.” The Firenze Green Tower and Moena Mountain Estate projects are pre-existing real estate joint ventures between IDC, as the property developer, and the Go family, the original site owners. Adding hotel components to these developments is set to elevate their appeal, positioning Dusit Princess Moena and Dusit Princess Firenze as destinations in their own right. “IDC was founded on our belief in the Philippine’s growth story, particularly in areas such as these, which are full of potential for transformative development” said Arch. Romolo Nati, CEO and Chairman, IDC Prime. “Our projects are recognised for their sustainability and architectural innovation, consistently delivering a ‘level-up’ in elegance and quality. Partnering with Dusit to bring world-class hotels to Cagayan de Oro and Bukidnon is a natural extension of this vision, and we look forward to welcoming these exceptional properties to our portfolio.” Dusit’s portfolio currently includes 302 properties operating across 19 countries, including 58 properties under Dusit Hotels and Resorts and 244 luxury villas under Elite Havens, the leading provider of luxury villa rentals in Asia. Dusit-branded hotels currently operating in the Philippines include Dusit Thani Manila, Dusit Thani Mactan Cebu Resort, Dusit Thani Residence Davao, dusitD2 Davao, and Dusit Thani Lubi Plantation Resort. Hashtag: #DusitInternational #DusitPrincessMoena #DusitPrincessFirenze The issuer is solely responsible for the content of this announcement. About Dusit Hotels and Resorts Dusit Hotels and Resorts is the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide. For more information, please visit dusit.com About Dusit International Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services. Dusit International’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification. For more information, please visit dusit-international.com

Dusit Princess Moena and Dusit Princess Firenze to open in 4Q 2029. BANGKOK, THAILAND – Media OutReach Newswire – 14 January 2025 – Dusit International, one of Thailand’s leading hotel and property development companies, represented in the Philippines by Dusit Thani Philippines Inc., has signed hotel management agreements with IDC Prime, a wholly owned subsidiary of Italpinas Development Corp, a design-driven developer of sustainable properties in emerging cities in the Philippines, to manage two new hotels in Northern Mindanao under Dusit’s upper-midscale Dusit Princess brand. Under the agreement, Dusit will manage two hotels: Dusit Princess Firenze and Dusit Princess Moena. Pictured here, Dusit Princess Moena will be a highlight of the sustainability-focused Moena Mountain Estate, nestled in the lush, forested mountains of Manolo Fortich, Bukidnon. Slated to open in late 2029, Dusit Princess Moena will be a standout feature of Moena Mountain Estate, a sustainability-focused mixed-use development located in the lush, forested mountains of Manolo Fortich, Bukidnon, on the outskirts of the Mount Kitanglad Range Natural Park. Thoughtfully designed to blend seamlessly with its natural surroundings, the 184-key hotel will cater to both business and leisure travellers, offering a wide range of premium facilities, including a lobby lounge, business centre, all-day dining restaurant, outdoor pool, fully equipped gym, yoga room, and a versatile multipurpose area. Known as the ‘Baguio of Mindanao,’ Dahilayan is already a popular destination for nature enthusiasts thanks to its stunning mountain scenery, striking landscapes, cool climate, and a variety of outdoor adventures. With its contemporary accommodation and extensive range of services, Dusit Princess Moena will further enhance the area’s appeal, complementing existing attractions such as Dahilayan Adventure Park and the expansive Del Monte Pineapple plantations. Further north, and also slated to open in late 2029, Dusit Princess Firenze will be a key highlight of IDC’s Firenze Green Tower project in the Limketkai area of Cagayan de Oro, near the city’s commercial and business districts. Leveraging the city’s reputation as the “Adventure Capital of the Philippines” and its fast-growing business and leisure markets, this 14-storey mixed-use green development will seamlessly combine commercial, residential, and hotel spaces. Dusit will manage 180 rooms on the tower’s upper floors, providing guests with exceptional views and Dusit’s signature high standards of service. Designed to provide unparalleled convenience, memorable experiences, and exceptional value for guests and residents alike, the project will also feature an array of premium facilities, including a gym, spa, multipurpose areas, commercial spaces, and a swimming pool. “We are delighted and honoured to collaborate with IDC Prime to further expand our presence in the Philippines through these remarkable projects,” said Gilles Cretallaz, Chief Operating Officer, Dusit International. “The Philippine’s dynamic economic growth and thriving tourism sector offer unparalleled opportunities for innovation and advancement. With IDC Prime’s shared commitment to sustainability and positive impact, we are excited to bring our distinctive Thai-inspired gracious hospitality to these vibrant Mindanao destinations, delivering meaningful and memorable guest experiences while creating lasting value for the broader community.” The Firenze Green Tower and Moena Mountain Estate projects are pre-existing real estate joint ventures between IDC, as the property developer, and the Go family, the original site owners. Adding hotel components to these developments is set to elevate their appeal, positioning Dusit Princess Moena and Dusit Princess Firenze as destinations in their own right. “IDC was founded on our belief in the Philippine’s growth story, particularly in areas such as these, which are full of potential for transformative development” said Arch. Romolo Nati, CEO and Chairman, IDC Prime. “Our projects are recognised for their sustainability and architectural innovation, consistently delivering a ‘level-up’ in elegance and quality. Partnering with Dusit to bring world-class hotels to Cagayan de Oro and Bukidnon is a natural extension of this vision, and we look forward to welcoming these exceptional properties to our portfolio.” Dusit’s portfolio currently includes 302 properties operating across 19 countries, including 58 properties under Dusit Hotels and Resorts and 244 luxury villas under Elite Havens, the leading provider of luxury villa rentals in Asia. Dusit-branded hotels currently operating in the Philippines include Dusit Thani Manila, Dusit Thani Mactan Cebu Resort, Dusit Thani Residence Davao, dusitD2 Davao, and Dusit Thani Lubi Plantation Resort. Hashtag: #DusitInternational #DusitPrincessMoena #DusitPrincessFirenze The issuer is solely responsible for the content of this announcement. About Dusit Hotels and Resorts Dusit Hotels and Resorts is the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide. For more information, please visit dusit.com About Dusit International Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services. Dusit International’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification. For more information, please visit dusit-international.com

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – 2024, a year of geopolitical stress and major political changes, is drawing to a close. It is time to focus on the future and identify new trading opportunities. However, according to Octa broker, the outlook for the global economy is uneven and mixed, ‘rife with uncertainties and riddled with challenges’, so traders are advised to take a cautious stance. In this material, Octa broker looks at key economic and political developments that will shape the next year and offers exclusive guidance into their potential impact on various asset classes. ‘If you were to ask me what will be the key driving theme of 2025, I would say it will be the after-effects of the U.S. presidential elections’, says Kar Yong Ang, a financial market analyst at Octa broker, adding that Donald Trump’s proposed policies provide more uncertainties than opportunities. Indeed, it is the risk of rising inflation induced by new trade tariffs and immigration policies that separates an optimistic 2025 scenario from a pessimistic one. Before we start analysing the likely scenarios for 2025, let’s first look at the current economic conditions. Current situation Interest rates in most industrialised economies are currently 75-100 basis points (bps) below their recent peaks. However, real interest rates (adjusted for inflation) are still positive. As Kar Yong Ang explains: ‘If history is any guidance, interest rates are still relatively high. In fact, I think they are more restrictive than stimulative and will most likely continue to go down in 2025’. In fact, at the time of writing, the fixed income market (interest rate swaps) was implying a further 50 bps of cuts from the Federal Reserve (Fed), 100 bps from the European Central Bank (ECB), 50 bps from the Bank of Canada (BoC) and 50 bps from the Bank of England (BoE). As a result, the monetary policy divergence between the Fed and the rest of the world has pulled the U.S. Dollar Index (DXY) to a multi-month high. U.S. stocks have performed very well over the past two years. However, the bullish trend in the S&P 500 and NASDAQ is beginning to show signs of exhaustion, especially after the Fed indicated that it intends to slow the pace of future rate cuts. Gold (XAU) was moving in a very well-defined bullish trend for most of 2024 and set a new all-time high at the end of October. However, the volatility in gold started to increase after the U.S. presidential election brought policy uncertainty. Currently, XAUUSD finds itself in a sideways market, trading range-bound between 2,550 and 2,720, indicating a lack of a clear trend. Bitcoin (BTC) made headlines in 2024 when its price jumped above $100,000 per coin. A major impulse came in November after Donald Trump’s victory in the U.S. presidential election fuelled hopes of crypto industry deregulation. However, these hopes have not yet been fulfilled, leaving Bitcoin and other crypto coins at risk of a sharp downward correction. 2025 outlook Macro and the U.S. dollar Declining interest rates mean that returns on cash (bank deposits) in most industrialised economies will continue to go down, prompting investors and traders to put their money into riskier assets like equities and cryptocurrencies. ‘Another important feature of the current monetary policy outlook is that the Fed’s easing cycle will slow relative to the rest of the world. It means that the U.S. Dollar Index [DXY] will likely remain well-supported in 2025’, argues Kar Yong Ang. However, a lot of bullish factors for the U.S. dollar are already priced in, and the greenback has actually started to look somewhat overvalued. ‘I’m sceptical about further dollar gains’, says Kar Yong Ang, adding that dollar bulls should be very cautious. If the U.S. plays hardball and implements blanket tariffs, inflation and even recession risks will rise. In this scenario, investors will rush into safe-haven assets like the U.S. dollar, the Japanese yen, and gold and sell stocks and crypto assets. Equities Betting on broad-based growth in U.S. equities is dangerous. Instead, traders should focus on specific industries and sectors. The main theme here is the adoption and commercialisation of Artificial Intelligence (AI). Companies that integrate AI into their core operations and invest in AI talent and infrastructure will gain a competitive edge. Therefore, tech companies are likely to perform well in 2025. By the same token, the increased use of AI and data centres is boosting energy demand, so energy companies and utilities are also likely to shine in 2025. Gold ‘I expect gold to set a new all-time high in 2025. $3,000 per ounce is not impossible. There are too many risks heading our way in 2025, so there will be plenty of demand for safe-haven assets’, says Kar Yong Ang, a financial market analyst at Octa broker. Indeed, gold will continue to remain an effective hedge against key political concerns, including government debt levels, inflation, and geopolitical tensions. Furthermore, central banks’ demand for gold has already supported gold prices in 2024, and there are no reasons to expect this trend to reverse. Crypto The latest rally in crypto looks overextended. It has been driven by sentiment and embedded in forward-looking hopes. ‘There is just too much optimism in Bitcoin right now. I think there is a risk of a significant pullback in 2025. But rather than betting on a bearish correction, I would advise using it as a buying opportunity’, says Kar Yong Ang. Wrap-up Overall, 2025 will be a year of reckoning as the impact of the U.S. presidential elections unfolds, determining the course of future policy. In the worst-case scenario of an all-out trade war, global supply chains would be severely disrupted, leading to significant price increases for consumers, decreased business investment, and a sharp contraction in international trade. Under this scenario, U.S. equities and most other commodity prices would drop. However, should we avoid the worst-case scenario, global central banks will likely continue to cut interest rates, pulling stocks and

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – 2024, a year of geopolitical stress and major political changes, is drawing to a close. It is time to focus on the future and identify new trading opportunities. However, according to Octa broker, the outlook for the global economy is uneven and mixed, ‘rife with uncertainties and riddled with challenges’, so traders are advised to take a cautious stance. In this material, Octa broker looks at key economic and political developments that will shape the next year and offers exclusive guidance into their potential impact on various asset classes. ‘If you were to ask me what will be the key driving theme of 2025, I would say it will be the after-effects of the U.S. presidential elections’, says Kar Yong Ang, a financial market analyst at Octa broker, adding that Donald Trump’s proposed policies provide more uncertainties than opportunities. Indeed, it is the risk of rising inflation induced by new trade tariffs and immigration policies that separates an optimistic 2025 scenario from a pessimistic one. Before we start analysing the likely scenarios for 2025, let’s first look at the current economic conditions. Current situation Interest rates in most industrialised economies are currently 75-100 basis points (bps) below their recent peaks. However, real interest rates (adjusted for inflation) are still positive. As Kar Yong Ang explains: ‘If history is any guidance, interest rates are still relatively high. In fact, I think they are more restrictive than stimulative and will most likely continue to go down in 2025’. In fact, at the time of writing, the fixed income market (interest rate swaps) was implying a further 50 bps of cuts from the Federal Reserve (Fed), 100 bps from the European Central Bank (ECB), 50 bps from the Bank of Canada (BoC) and 50 bps from the Bank of England (BoE). As a result, the monetary policy divergence between the Fed and the rest of the world has pulled the U.S. Dollar Index (DXY) to a multi-month high. U.S. stocks have performed very well over the past two years. However, the bullish trend in the S&P 500 and NASDAQ is beginning to show signs of exhaustion, especially after the Fed indicated that it intends to slow the pace of future rate cuts. Gold (XAU) was moving in a very well-defined bullish trend for most of 2024 and set a new all-time high at the end of October. However, the volatility in gold started to increase after the U.S. presidential election brought policy uncertainty. Currently, XAUUSD finds itself in a sideways market, trading range-bound between 2,550 and 2,720, indicating a lack of a clear trend. Bitcoin (BTC) made headlines in 2024 when its price jumped above $100,000 per coin. A major impulse came in November after Donald Trump’s victory in the U.S. presidential election fuelled hopes of crypto industry deregulation. However, these hopes have not yet been fulfilled, leaving Bitcoin and other crypto coins at risk of a sharp downward correction. 2025 outlook Macro and the U.S. dollar Declining interest rates mean that returns on cash (bank deposits) in most industrialised economies will continue to go down, prompting investors and traders to put their money into riskier assets like equities and cryptocurrencies. ‘Another important feature of the current monetary policy outlook is that the Fed’s easing cycle will slow relative to the rest of the world. It means that the U.S. Dollar Index [DXY] will likely remain well-supported in 2025’, argues Kar Yong Ang. However, a lot of bullish factors for the U.S. dollar are already priced in, and the greenback has actually started to look somewhat overvalued. ‘I’m sceptical about further dollar gains’, says Kar Yong Ang, adding that dollar bulls should be very cautious. If the U.S. plays hardball and implements blanket tariffs, inflation and even recession risks will rise. In this scenario, investors will rush into safe-haven assets like the U.S. dollar, the Japanese yen, and gold and sell stocks and crypto assets. Equities Betting on broad-based growth in U.S. equities is dangerous. Instead, traders should focus on specific industries and sectors. The main theme here is the adoption and commercialisation of Artificial Intelligence (AI). Companies that integrate AI into their core operations and invest in AI talent and infrastructure will gain a competitive edge. Therefore, tech companies are likely to perform well in 2025. By the same token, the increased use of AI and data centres is boosting energy demand, so energy companies and utilities are also likely to shine in 2025. Gold ‘I expect gold to set a new all-time high in 2025. $3,000 per ounce is not impossible. There are too many risks heading our way in 2025, so there will be plenty of demand for safe-haven assets’, says Kar Yong Ang, a financial market analyst at Octa broker. Indeed, gold will continue to remain an effective hedge against key political concerns, including government debt levels, inflation, and geopolitical tensions. Furthermore, central banks’ demand for gold has already supported gold prices in 2024, and there are no reasons to expect this trend to reverse. Crypto The latest rally in crypto looks overextended. It has been driven by sentiment and embedded in forward-looking hopes. ‘There is just too much optimism in Bitcoin right now. I think there is a risk of a significant pullback in 2025. But rather than betting on a bearish correction, I would advise using it as a buying opportunity’, says Kar Yong Ang. Wrap-up Overall, 2025 will be a year of reckoning as the impact of the U.S. presidential elections unfolds, determining the course of future policy. In the worst-case scenario of an all-out trade war, global supply chains would be severely disrupted, leading to significant price increases for consumers, decreased business investment, and a sharp contraction in international trade. Under this scenario, U.S. equities and most other commodity prices would drop. However, should we avoid the worst-case scenario, global central banks will likely continue to cut interest rates, pulling stocks and

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – 2024, a year of geopolitical stress and major political changes, is drawing to a close. It is time to focus on the future and identify new trading opportunities. However, according to Octa broker, the outlook for the global economy is uneven and mixed, ‘rife with uncertainties and riddled with challenges’, so traders are advised to take a cautious stance. In this material, Octa broker looks at key economic and political developments that will shape the next year and offers exclusive guidance into their potential impact on various asset classes. ‘If you were to ask me what will be the key driving theme of 2025, I would say it will be the after-effects of the U.S. presidential elections’, says Kar Yong Ang, a financial market analyst at Octa broker, adding that Donald Trump’s proposed policies provide more uncertainties than opportunities. Indeed, it is the risk of rising inflation induced by new trade tariffs and immigration policies that separates an optimistic 2025 scenario from a pessimistic one. Before we start analysing the likely scenarios for 2025, let’s first look at the current economic conditions. Current situation Interest rates in most industrialised economies are currently 75-100 basis points (bps) below their recent peaks. However, real interest rates (adjusted for inflation) are still positive. As Kar Yong Ang explains: ‘If history is any guidance, interest rates are still relatively high. In fact, I think they are more restrictive than stimulative and will most likely continue to go down in 2025’. In fact, at the time of writing, the fixed income market (interest rate swaps) was implying a further 50 bps of cuts from the Federal Reserve (Fed), 100 bps from the European Central Bank (ECB), 50 bps from the Bank of Canada (BoC) and 50 bps from the Bank of England (BoE). As a result, the monetary policy divergence between the Fed and the rest of the world has pulled the U.S. Dollar Index (DXY) to a multi-month high. U.S. stocks have performed very well over the past two years. However, the bullish trend in the S&P 500 and NASDAQ is beginning to show signs of exhaustion, especially after the Fed indicated that it intends to slow the pace of future rate cuts. Gold (XAU) was moving in a very well-defined bullish trend for most of 2024 and set a new all-time high at the end of October. However, the volatility in gold started to increase after the U.S. presidential election brought policy uncertainty. Currently, XAUUSD finds itself in a sideways market, trading range-bound between 2,550 and 2,720, indicating a lack of a clear trend. Bitcoin (BTC) made headlines in 2024 when its price jumped above $100,000 per coin. A major impulse came in November after Donald Trump’s victory in the U.S. presidential election fuelled hopes of crypto industry deregulation. However, these hopes have not yet been fulfilled, leaving Bitcoin and other crypto coins at risk of a sharp downward correction. 2025 outlook Macro and the U.S. dollar Declining interest rates mean that returns on cash (bank deposits) in most industrialised economies will continue to go down, prompting investors and traders to put their money into riskier assets like equities and cryptocurrencies. ‘Another important feature of the current monetary policy outlook is that the Fed’s easing cycle will slow relative to the rest of the world. It means that the U.S. Dollar Index [DXY] will likely remain well-supported in 2025’, argues Kar Yong Ang. However, a lot of bullish factors for the U.S. dollar are already priced in, and the greenback has actually started to look somewhat overvalued. ‘I’m sceptical about further dollar gains’, says Kar Yong Ang, adding that dollar bulls should be very cautious. If the U.S. plays hardball and implements blanket tariffs, inflation and even recession risks will rise. In this scenario, investors will rush into safe-haven assets like the U.S. dollar, the Japanese yen, and gold and sell stocks and crypto assets. Equities Betting on broad-based growth in U.S. equities is dangerous. Instead, traders should focus on specific industries and sectors. The main theme here is the adoption and commercialisation of Artificial Intelligence (AI). Companies that integrate AI into their core operations and invest in AI talent and infrastructure will gain a competitive edge. Therefore, tech companies are likely to perform well in 2025. By the same token, the increased use of AI and data centres is boosting energy demand, so energy companies and utilities are also likely to shine in 2025. Gold ‘I expect gold to set a new all-time high in 2025. $3,000 per ounce is not impossible. There are too many risks heading our way in 2025, so there will be plenty of demand for safe-haven assets’, says Kar Yong Ang, a financial market analyst at Octa broker. Indeed, gold will continue to remain an effective hedge against key political concerns, including government debt levels, inflation, and geopolitical tensions. Furthermore, central banks’ demand for gold has already supported gold prices in 2024, and there are no reasons to expect this trend to reverse. Crypto The latest rally in crypto looks overextended. It has been driven by sentiment and embedded in forward-looking hopes. ‘There is just too much optimism in Bitcoin right now. I think there is a risk of a significant pullback in 2025. But rather than betting on a bearish correction, I would advise using it as a buying opportunity’, says Kar Yong Ang. Wrap-up Overall, 2025 will be a year of reckoning as the impact of the U.S. presidential elections unfolds, determining the course of future policy. In the worst-case scenario of an all-out trade war, global supply chains would be severely disrupted, leading to significant price increases for consumers, decreased business investment, and a sharp contraction in international trade. Under this scenario, U.S. equities and most other commodity prices would drop. However, should we avoid the worst-case scenario, global central banks will likely continue to cut interest rates, pulling stocks and

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – 2024, a year of geopolitical stress and major political changes, is drawing to a close. It is time to focus on the future and identify new trading opportunities. However, according to Octa broker, the outlook for the global economy is uneven and mixed, ‘rife with uncertainties and riddled with challenges’, so traders are advised to take a cautious stance. In this material, Octa broker looks at key economic and political developments that will shape the next year and offers exclusive guidance into their potential impact on various asset classes. ‘If you were to ask me what will be the key driving theme of 2025, I would say it will be the after-effects of the U.S. presidential elections’, says Kar Yong Ang, a financial market analyst at Octa broker, adding that Donald Trump’s proposed policies provide more uncertainties than opportunities. Indeed, it is the risk of rising inflation induced by new trade tariffs and immigration policies that separates an optimistic 2025 scenario from a pessimistic one. Before we start analysing the likely scenarios for 2025, let’s first look at the current economic conditions. Current situation Interest rates in most industrialised economies are currently 75-100 basis points (bps) below their recent peaks. However, real interest rates (adjusted for inflation) are still positive. As Kar Yong Ang explains: ‘If history is any guidance, interest rates are still relatively high. In fact, I think they are more restrictive than stimulative and will most likely continue to go down in 2025’. In fact, at the time of writing, the fixed income market (interest rate swaps) was implying a further 50 bps of cuts from the Federal Reserve (Fed), 100 bps from the European Central Bank (ECB), 50 bps from the Bank of Canada (BoC) and 50 bps from the Bank of England (BoE). As a result, the monetary policy divergence between the Fed and the rest of the world has pulled the U.S. Dollar Index (DXY) to a multi-month high. U.S. stocks have performed very well over the past two years. However, the bullish trend in the S&P 500 and NASDAQ is beginning to show signs of exhaustion, especially after the Fed indicated that it intends to slow the pace of future rate cuts. Gold (XAU) was moving in a very well-defined bullish trend for most of 2024 and set a new all-time high at the end of October. However, the volatility in gold started to increase after the U.S. presidential election brought policy uncertainty. Currently, XAUUSD finds itself in a sideways market, trading range-bound between 2,550 and 2,720, indicating a lack of a clear trend. Bitcoin (BTC) made headlines in 2024 when its price jumped above $100,000 per coin. A major impulse came in November after Donald Trump’s victory in the U.S. presidential election fuelled hopes of crypto industry deregulation. However, these hopes have not yet been fulfilled, leaving Bitcoin and other crypto coins at risk of a sharp downward correction. 2025 outlook Macro and the U.S. dollar Declining interest rates mean that returns on cash (bank deposits) in most industrialised economies will continue to go down, prompting investors and traders to put their money into riskier assets like equities and cryptocurrencies. ‘Another important feature of the current monetary policy outlook is that the Fed’s easing cycle will slow relative to the rest of the world. It means that the U.S. Dollar Index [DXY] will likely remain well-supported in 2025’, argues Kar Yong Ang. However, a lot of bullish factors for the U.S. dollar are already priced in, and the greenback has actually started to look somewhat overvalued. ‘I’m sceptical about further dollar gains’, says Kar Yong Ang, adding that dollar bulls should be very cautious. If the U.S. plays hardball and implements blanket tariffs, inflation and even recession risks will rise. In this scenario, investors will rush into safe-haven assets like the U.S. dollar, the Japanese yen, and gold and sell stocks and crypto assets. Equities Betting on broad-based growth in U.S. equities is dangerous. Instead, traders should focus on specific industries and sectors. The main theme here is the adoption and commercialisation of Artificial Intelligence (AI). Companies that integrate AI into their core operations and invest in AI talent and infrastructure will gain a competitive edge. Therefore, tech companies are likely to perform well in 2025. By the same token, the increased use of AI and data centres is boosting energy demand, so energy companies and utilities are also likely to shine in 2025. Gold ‘I expect gold to set a new all-time high in 2025. $3,000 per ounce is not impossible. There are too many risks heading our way in 2025, so there will be plenty of demand for safe-haven assets’, says Kar Yong Ang, a financial market analyst at Octa broker. Indeed, gold will continue to remain an effective hedge against key political concerns, including government debt levels, inflation, and geopolitical tensions. Furthermore, central banks’ demand for gold has already supported gold prices in 2024, and there are no reasons to expect this trend to reverse. Crypto The latest rally in crypto looks overextended. It has been driven by sentiment and embedded in forward-looking hopes. ‘There is just too much optimism in Bitcoin right now. I think there is a risk of a significant pullback in 2025. But rather than betting on a bearish correction, I would advise using it as a buying opportunity’, says Kar Yong Ang. Wrap-up Overall, 2025 will be a year of reckoning as the impact of the U.S. presidential elections unfolds, determining the course of future policy. In the worst-case scenario of an all-out trade war, global supply chains would be severely disrupted, leading to significant price increases for consumers, decreased business investment, and a sharp contraction in international trade. Under this scenario, U.S. equities and most other commodity prices would drop. However, should we avoid the worst-case scenario, global central banks will likely continue to cut interest rates, pulling stocks and

BEIJING, CHINA – Media OutReach Newswire – 14 January 2025 – With the widespread application of AI technology in the advertising field, the increase in advertising monetization rates is finally reflected in the company’s revenue growth. It is reported that Chuangxinzhong, a precision marketing company, used AI to generate text-to-image content for a single client, with more than 20% of the total and over 10% of the consumption share in 2024. In terms of AI-generated digital human videos, the consumption share for a single client reached nearly one-third. The extensive application of AI technology has driven rapid growth in Chuangxinzhong’s overall business, with industry-leading performance in the fintech segment. It now covers over 90% of the top clients in the industry, including Ant Insurance, WeBank, Ningbo Bank, ZhongAn Insurance, and others, achieving a renewal rate of over 90%. According to public information, Chuangxinzhong is a wholly-owned subsidiary of Yeahka, and its core team members are seasoned industry professionals. The founder, Qin Lingjin, has held positions such as Technical Director, Vice President, and COO at Emar Online and has many years of technical and management experience at NetEase (NASDAQ: NTES; HKEX: 9999) with nearly 20 years of experience in the marketing industry. Yeahka’s investment in Chuangxinzhong is not only because of Chuangxinzhong’s strong competitive advantages, but also because of the synergies that can be formed between Yeahka and Chuangxinzhong in the marketing business. Yeahka operates an advertising precision marketing platform, “Juliang”, which uses big data analysis to precisely match offline traffic consumption behaviors and helps advertisers with their ad placements. As a leading content performance marketing service provider in China, Chuangxinzhong has top-tier online media resources, including Tencent and Douyin. The integration of both companies’ services can result in a “1+1>2” effect, achieving complementary “online + offline” precise matching of traffic and advertisers across all scenarios. In addition, in recent years, Yeahka has been increasingly focusing on artificial intelligence technology. As early as 2017, Yeahka established an AI Lab, focusing on studying and developing large models, algorithm creation, content generation, and other AI-related initiatives for various business applications. These efforts have made significant technological preparations and explorations, while mature AI technologies have been applied to Yeahka’s business scenarios, improving business efficiency and reducing operational costs. To date, Yeahka has launched a series of AI-driven products, including marketing content and pitch generation through large model training to improve conversion efficiency; AI-driven business analysis tools to interpret marketing activity data; seamless, automated customer interactions and scenario configurations based on merchant-client dynamics; and the automatic generation of unique, creative brand content based on merchants’ brand philosophies, enhancing their exposure and sales conversions. All these AI products and tools can empower Chuangxinzhong’s marketing business, further enhancing its marketing efficiency. It is worth noting that another Yeahka subsidiary, Fushi Technology, is set to launch AI Agent industry applications in Southeast Asia in the near future, with its first Singaporean brand client scheduled for deployment in the first half of 2025. With Yeahka’s AI capabilities, Chuangxinzhong is expected to continue advancing in artificial intelligence, driving further performance growth. Hashtag: #Chuangxinzhong #AI https://www.yeahka.com/marketing The issuer is solely responsible for the content of this announcement.

BEIJING, CHINA – Media OutReach Newswire – 14 January 2025 – With the widespread application of AI technology in the advertising field, the increase in advertising monetization rates is finally reflected in the company’s revenue growth. It is reported that Chuangxinzhong, a precision marketing company, used AI to generate text-to-image content for a single client, with more than 20% of the total and over 10% of the consumption share in 2024. In terms of AI-generated digital human videos, the consumption share for a single client reached nearly one-third. The extensive application of AI technology has driven rapid growth in Chuangxinzhong’s overall business, with industry-leading performance in the fintech segment. It now covers over 90% of the top clients in the industry, including Ant Insurance, WeBank, Ningbo Bank, ZhongAn Insurance, and others, achieving a renewal rate of over 90%. According to public information, Chuangxinzhong is a wholly-owned subsidiary of Yeahka, and its core team members are seasoned industry professionals. The founder, Qin Lingjin, has held positions such as Technical Director, Vice President, and COO at Emar Online and has many years of technical and management experience at NetEase (NASDAQ: NTES; HKEX: 9999) with nearly 20 years of experience in the marketing industry. Yeahka’s investment in Chuangxinzhong is not only because of Chuangxinzhong’s strong competitive advantages, but also because of the synergies that can be formed between Yeahka and Chuangxinzhong in the marketing business. Yeahka operates an advertising precision marketing platform, “Juliang”, which uses big data analysis to precisely match offline traffic consumption behaviors and helps advertisers with their ad placements. As a leading content performance marketing service provider in China, Chuangxinzhong has top-tier online media resources, including Tencent and Douyin. The integration of both companies’ services can result in a “1+1>2” effect, achieving complementary “online + offline” precise matching of traffic and advertisers across all scenarios. In addition, in recent years, Yeahka has been increasingly focusing on artificial intelligence technology. As early as 2017, Yeahka established an AI Lab, focusing on studying and developing large models, algorithm creation, content generation, and other AI-related initiatives for various business applications. These efforts have made significant technological preparations and explorations, while mature AI technologies have been applied to Yeahka’s business scenarios, improving business efficiency and reducing operational costs. To date, Yeahka has launched a series of AI-driven products, including marketing content and pitch generation through large model training to improve conversion efficiency; AI-driven business analysis tools to interpret marketing activity data; seamless, automated customer interactions and scenario configurations based on merchant-client dynamics; and the automatic generation of unique, creative brand content based on merchants’ brand philosophies, enhancing their exposure and sales conversions. All these AI products and tools can empower Chuangxinzhong’s marketing business, further enhancing its marketing efficiency. It is worth noting that another Yeahka subsidiary, Fushi Technology, is set to launch AI Agent industry applications in Southeast Asia in the near future, with its first Singaporean brand client scheduled for deployment in the first half of 2025. With Yeahka’s AI capabilities, Chuangxinzhong is expected to continue advancing in artificial intelligence, driving further performance growth. Hashtag: #Chuangxinzhong #AI https://www.yeahka.com/marketing The issuer is solely responsible for the content of this announcement.