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Hashtag: #AllianzCommercial

https://commercial.allianz.com/
https://www.linkedin.com/company/allianz-commercial/

The issuer is solely responsible for the content of this announcement.

About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, financial strength, and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2024, the integrated business of Allianz Commercial generated around €18 billion in gross premium globally. https://commercial.allianz.com/

Global Hotel Alliance has strengthened its footprint in East Asia after signing a partnership with Tokyu Hotels & Resorts, bringing a major Japanese hospitality operator into the alliance’s loyalty and distribution network and marking a significant expansion into one of the world’s most established travel markets.

The agreement integrates Tokyu Hotels & Resorts, which manages the TOKYU HOTELS chain and several affiliated brands across Japan, into Global Hotel Alliance’s GHA DISCOVERY loyalty ecosystem. The move allows travellers staying at Tokyu properties to earn and redeem rewards across the alliance’s international portfolio, while offering Tokyu access to millions of loyalty members and a wider global marketing platform.

Headquartered in Dubai, Global Hotel Alliance represents a consortium of independent hotel brands that cooperate on loyalty programmes, distribution systems and shared technology platforms while retaining operational independence. The alliance counts dozens of hospitality brands spanning hundreds of properties worldwide. By welcoming Tokyu Hotels & Resorts, GHA gains an important presence in Japan’s domestic and inbound tourism sector, an area that has drawn increasing interest from international hospitality networks.

Tokyu Hotels & Resorts operates more than 40 hotels across Japan under brands including TOKYU HOTELS, Tokyu REI Hotel and other affiliated concepts. Many of its properties are located in key urban and resort destinations such as Tokyo, Yokohama, Kyoto, Osaka and Sapporo. Through the partnership, the group will connect its hotels to GHA DISCOVERY, a loyalty programme that offers members benefits such as room upgrades, flexible rewards and local experiences tied to destination culture.

Executives from both organisations describe the partnership as strategically aligned with rising demand for travel to Japan. Tourism to the country has surged as international travel continues to rebound, with visitor arrivals climbing sharply and hospitality groups seeking deeper engagement with global distribution networks and loyalty platforms.

GHA’s leadership said the addition of Tokyu Hotels & Resorts strengthens the alliance’s reach in Asia while offering travellers greater access to accommodation options in Japan. Access to the GHA DISCOVERY platform also opens new channels for Tokyu properties to reach travellers from Europe, the Middle East and North America who are already members of the programme.

Tokyu Hotels & Resorts sees the collaboration as a way to enhance international visibility for its hotels while preserving the local identity that defines many of its properties. Japanese hospitality operators have historically relied heavily on domestic demand, though international partnerships have gained momentum as inbound tourism expands and travellers seek more diverse accommodation experiences.

Japan’s tourism sector has undergone major changes in the past decade as the government and private sector push to attract more overseas visitors. Infrastructure upgrades, expanded air connectivity and marketing campaigns have helped position the country as a leading travel destination in Asia. Hospitality companies are responding by strengthening international alliances, investing in technology platforms and adapting loyalty programmes to compete with global hotel chains.

Global Hotel Alliance’s model differs from traditional hotel groups that operate under a single brand portfolio. Instead, it links independent brands that share a common loyalty and technology framework while maintaining separate identities and management structures. This structure appeals to regional hotel companies that want global exposure without surrendering brand control.

Industry analysts note that loyalty ecosystems have become central to hospitality competition. Major international chains rely heavily on large membership bases to drive repeat bookings and reduce reliance on online travel agencies. Independent hotel brands, which often lack such scale individually, have increasingly turned to alliances such as GHA to achieve similar reach.

GHA DISCOVERY now includes millions of members worldwide who accumulate rewards known as DISCOVERY Dollars when staying at participating properties. These digital rewards can be spent on future hotel stays, dining or experiences across the alliance network. The programme also focuses on destination-based benefits designed to highlight local culture and activities.

For Tokyu Hotels & Resorts, integration into the programme allows guests to participate in the broader network while still experiencing Japanese hospitality traditions often associated with domestic hotel operators. Many Tokyu properties emphasise regional design, culinary offerings and proximity to transport hubs, particularly within major metropolitan areas.

The alliance has pursued steady expansion in Asia as travel demand shifts across the region. Partnerships with hospitality companies in markets such as Thailand, Singapore and the Gulf have broadened its reach, while collaborations with regional hotel groups help introduce new destinations to global travellers.

Japan represents a particularly attractive addition to that network. The country hosts some of Asia’s busiest cities, internationally recognised cultural landmarks and a thriving domestic travel culture. Hotel demand has remained strong across urban centres and resort areas, drawing interest from global investors and hospitality brands.

Leveraging Know Your Customer’s cutting-edge digital compliance platform, DBS Hong Kong will gain real-time access to comprehensive business verification data — including instant retrieval of official company documents and automatic identification of complex ultimate beneficial ownership (UBO) networks across more than 140 jurisdictions.

This AI-powered automation addresses the traditionally manual and cumbersome SME onboarding processes by streamlining the end-to-end business KYC process, efficiently verifying corporate structures and ownership, reducing manual effort and accelerating onboarding timelines. The result is significantly enhanced operational efficiency and a faster, more seamless onboarding experience for DBS Hong Kong’s business customers.

[Lareina Wang, Head of SME Banking, DBS Bank Hong Kong] said,

” At DBS Hong Kong, we are dedicated to reimagining the customer onboarding experience through continuous digital innovation. By engaging Know Your Customer, we leverage advanced technology to streamline CDD workflows, delivering faster service to our customers. This collaboration also represents a major advancement in automating SME onboarding processes that have historically been complicated and manual, solidifying SME banking position of DBS in the market of Hong Kong. “

Claus Christensen, CEO and Co-Founder of Know Your Customer, added,

“Our service provided to DBS Hong Kong exemplifies how financial technology can simplify complex onboarding challenges. With our global data coverage and AI-powered automation, we empower DBS Hong Kong to accelerate KYC processes and provide business customers with an unrivalled onboarding journey. Together, we are shaping the future of digital banking.”

In recognition of its visionary digital strategy, DBS Hong Kong was named Asia’s Best Digital Bank in 2025 by Euromoney. The bank also continues to lead digital innovation, evidenced by over 70% of Hong Kong SMEs already integrating or exploring AI and digital technologies as part of their operations, according to its recent SME survey.

This transformative collaboration underscores DBS Hong Kong’s unwavering commitment to innovation and delivering safe and trusted digital onboarding solutions in Asia’s rapidly evolving financial landscape.

Hashtag: #KnowYourCustomer

The issuer is solely responsible for the content of this announcement.

About DBS Bank (Hong Kong) Limited

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025. In 2026, DBS won the “Triple A award – Best Digital Customer Onboarding Experience – Hong Kong”

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

About Know Your Customer Limited

Know Your Customer Limited is an award-winning RegTech company specialised in next-generation business verification solutions for financial institutions and regulated organisations worldwide. For teams struggling with inefficient client due diligence and onboarding processes, Know Your Customer offers an intuitive digital compliance workspace that combines unmatched real-time registry data, covering over 140 countries, seamless integrations, and AI-powered smart automation. This streamlined approach transforms the compliance function at its core, allowing customers to customise their solutions by selecting only the functionalities they need, all accessible via a robust REST API.

Founded in Hong Kong in 2015, with a local presence in Singapore, Dublin, London, and Shanghai, Know Your Customer has built a global customer base across 11 verticals and 18 jurisdictions. The company also maintains a wide network of technology and data partners, ensuring high-quality entity data and enhanced compliance processes for its customers.

For more information visit https://knowyourcustomer.comor follow Know Your Customer Limited on LinkedIn or X.

Purpose-built for explosive and high-risk conditions, HAEXC Mobile’s intrinsically safe devices meet stringent international safety standards, including ATEX and IECEx certification. These solutions enable reliable communication for industries requiring certified intrinsically safe phone technology, including oil and gas, marine, defence, and heavy industrial sectors.

Enabling Safe Communication in Hazardous Zones
Workers operating in hazardous environments require devices that can perform safely without creating ignition risks. HAEXC Mobile’s intrinsically safe (IS phone) and explosion-proof devices are specifically engineered to function safely in environments classified as Zone 1 and Zone 2, where explosive gases may be present.

The company’s portfolio includes certified Zone 1 phone and Zone 2 phone models designed to support mission-critical communication for:

• Industrial workers using phones for oil and gas operations

• Personnel requiring reliable hazardous area phone solutions

• Defence and specialised applications requiring IECEx phones for military environments

• Maritime professionals seeking durable phones for marine & offshore deployment

These devices provide dependable performance while protecting workers and ensuring regulatory compliance.

Integrated Safety Features Including EX Camera and EX Proof Camera Technology
In addition to intrinsically safe communication, HAEXC Mobile devices incorporate advanced imaging solutions such as EX camera and EX proof camera capabilities. These explosion-proof camera systems enable workers to safely capture images and videos for inspection, reporting, and compliance documentation without compromising safety.

The company’s intrinsically safe phone solutions also feature:

• Push-to-Talk communication for instant team coordination

• Lone worker protection and emergency alert features

• Rugged, shock-resistant and waterproof design

• Long battery life for extended field operations

• Secure enterprise mobility integration

These features make HAEXC Mobile’s devices ideal for organisations seeking reliable IS phone solutions in demanding environments.

Supporting Critical Industries Worldwide
“As industries continue to digitise their operations, the need for reliable and safe communication tools becomes even more important,” said Raymond Tan, Managing Director of HAEXC Mobile Pte Ltd.

“Our intrinsically safe phone and hazardous area phone solutions are designed to protect frontline workers while enabling seamless communication in even the most hazardous conditions, including oil and gas facilities, marine environments, and military applications.”

HAEXC Mobile’s rugged devices are widely used as certified phones for oil and gas, marine, and industrial sectors, helping organisations enhance safety compliance and operational efficiency.

Driving the Future of Industrial Safety Technology
With increasing demand for intrinsically safe mobile solutions, HAEXC Mobile continues to innovate in explosion-proof communication technology, including intrinsically safe smartphones and integrated EX camera solutions.

The company’s mission is to empower organisations with reliable communication tools that protect workers and support safer industrial operations worldwide.

For more information, visit:
https://www.haexc-mobile.com/
Hashtag: #IntrinsicallySafe #ExplosionProof #ISPhone #Zone1Phone #Zone2Phone #HazardousAreaPhone

The issuer is solely responsible for the content of this announcement.

HAEXC Mobile Pte Ltd

HAEXC Mobile Pte Ltd specialises in rugged and intrinsically safe mobile communication devices designed for hazardous industrial environments. Its product portfolio includes Zone 1 phone, Zone 2 phone, intrinsically safe phone, hazardous area phone, and explosion-proof devices with integrated EX proof camera technology.

These solutions are widely used across oil and gas, marine & offshore, defence, petrochemical, and industrial sectors where safety-certified communication is essential.

Learn more at:
https://www.haexc-mobile.com/

“Effective execution of our strategy drove strong financial performance and higher shareholder returns in 2025, despite a challenging retail environment. Our significant progress made in portfolio simplification creates investment capacity for strategic priorities, enabling greater value for our customers and accretive inorganic opportunities to drive sustainable growth and returns.”

Lincoln Pan

Chairman

DFI RETAIL GROUP HOLDINGS LIMITED

PRELIMINARY ANNOUNCEMENT OF RESULTS

FOR THE YEAR ENDED 31 DECEMBER 2025

INTRODUCTION

It is my honour and privilege to join DFI Retail Group (‘DFI’ or the ‘Group’) as Chairman of the Board, supporting Group Chief Executive, Scott Price, and his leadership team in executing its strategic priorities and delivering shareholder returns. On behalf of the Board, I would also like to express our gratitude to John Witt for his invaluable contributions to DFI over many years.

As Asia’s leading multi-format retail platform, DFI has a unique set of assets – strong customer trust, an extensive store network across markets, deep data insights from a powerful loyalty programme, and a strengthening Own Brand portfolio – that will serve as a foundation for growth over the coming years.

Amid macroeconomic volatility and evolving consumer needs, the Group has been responding effectively through a stronger value proposition and enhanced omnichannel capabilities. This strategy is yielding early and encouraging results, demonstrated by a 35% increase in underlying profit in 2025. We remain particularly optimistic about the growth prospects in Health & Beauty and Convenience, as well as the opportunities emerging in digital.

I am confident that under the capable leadership of Scott and his team, DFI will continue to deliver retail excellence to customers across Asia while driving long-term value creation and growth.

Under a new 70% dividend payout policy announced in December 2025, the Board recommends a final dividend of US¢10.50 per share (2024 final dividend: US¢7.00).

STRATEGIC HIGHLIGHTS

Over the course of 2025, the Group executed effectively against its strategic framework of Customer First, People Led, Shareholder Driven. This approach enables DFI to navigate market challenges while capturing opportunities that build on its strong platform for sustainable growth.

The retail landscape is rapidly evolving, driven by shifting consumer behaviour and digitalisation. The Group remains focused on strategic priorities that place customers first – delivering quality, value and convenience in everyday moments. Across its businesses, the Group made good progress in strengthening value propositions, expanding customer reach in growth markets, driving deeper customer engagement with data-driven insights and accelerating digital monetisation. These initiatives enhance its ability to better serve customers and supplier partners while delivering returns to shareholders.

Investing in talent development remains at the top of the agenda. During the year, the Group achieved an improved team member engagement score. Inclusive leadership, a purpose-driven culture and engaged team members are critical to driving stronger performance and delivering exceptional customer experience. In parallel, the Group continues to enhance its organisational agility in meeting customer needs while reducing overhead costs.

In 2025, the Group completed the divestments of minority stakes in Yonghui and Robinsons Retail, as well as Singapore Food business, enabling reinvestment in subsidiary businesses and strategic priorities with stronger growth and return potential. This approach, combined with a sharpened business focus and a strengthened balance sheet, delivered a total shareholder return exceeding 90% in 2025, including the distribution of a US$600 million special dividend in October.

PROSPECTS

Transformation is an ongoing journey for today’s retailers. Serving diverse communities across Asia, where economic conditions and consumer expectations vary widely, the Group must stay agile and locally relevant guided by a customer-first mindset and a disciplined focus on growth opportunities that further build on its competitive advantages. Over the year, DFI has invested in delivering better outcomes for customers through price reinvestment, Own Brand innovation, omnichannel expansion and data-driven personalisation – focus areas that will remain central to its growth plans in the years ahead. An expanded digital ecosystem also unlocks new avenues to drive deeper value for supplier partners and enhance shareholder returns.

I would like to end by expressing the Board’s appreciation to our team members. We could not be more proud of the work they have done over the year, particularly in responding to the deeply tragic Tai Po fire in Hong Kong. Their unwavering dedication to serving our customers across Asia is what will continue to drive our business forward and build long-term value for shareholders.

Lincoln Pan

Chairman

GROUP CHIEF EXECUTIVE’S REVIEW

INTRODUCTION

We are pleased to close 2025 on a strong note, with underlying profit attributable to shareholders up 35% year-on-year to US$270 million, reaching the high end of our guidance range. This strong performance was driven by a recovery in LFL subsidiary sales, improved margins and proactive portfolio actions, including the divestment of our minority stake in Yonghui.

Customers across Asia, including in our home market of Hong Kong, are increasingly seeking quality and convenience at great value. While macro challenges remain, we are encouraged to see early signs of recovery in key retail segments, including 3% growth in health and beauty sales in Hong Kong, supported by a 12% increase in tourist arrivals. As Asia’s leading multi-format omnichannel retail platform, we are uniquely positioned to meet customers’ evolving needs effectively across all channels through relevant and compelling customer propositions.

With a renewed focus on balancing profitability with capital discipline, the Group ended the year in a net cash position, after distributing a US$600 million special dividend, and delivered a significantly improved return on capital employed (ROCE) of 9.4%. Our strengthened balance sheet allows us to reinvest for growth as we deepen our focus on higher-return subsidiary businesses and strategic priorities that sustain value creation for shareholders. For the full year 2025, we returned a total of approximately US$740 million to shareholders, including the special dividend.

In December, we held our inaugural Investor Day where DFI announced a new dividend policy with an increased payout ratio of 70%. Dividends paid during the year, combined with a share price increase of more than 70%, resulted in a total shareholder return exceeding 90% in 2025. We also outlined our three-year plan for realising our financial ambitions and accelerated growth goals, including a target of US$310-350 million in underlying profit (representing 11% CAGR at the mid-point compared to 2025¹) and an improved ROCE of at least 15% by 2028.

As we enter the new financial year, we remain firmly focused on executing our strategic priorities to drive sustained, profitable growth.

STRATEGIC DELIVERABLES – KEY PROGRESS

Over the past year, we have made significant progress in our transformation from a portfolio business into a strategically focused operating company. We have been advancing our strategy across five key deliverables to create greater value for our customers, supplier partners and shareholders.

Retail Excellence

By delivering best-in-class customer propositions, we see a wide range of opportunities for driving higher store sales density and market share gain across all business segments.

Health & Beauty

Mannings and Guardian continue to strengthen their position as the trusted advisor for wellness, unlocking strong cross-category growth opportunities through an assortment with high functional value across supplements, derma skin care and hair care. Customers across Asia are increasingly shifting to retailers that best fulfil their broad, diverse and unique wellness goals. Our technology-enabled personalised services – including skin, scalp and health assessments – drive higher purchase conversion and basket size by deepening customer understanding of their wellness needs. These capabilities will be expanded to 25% of our Health & Beauty store network to enhance our competitive differentiation and leadership in wellness.

Convenience
7-Eleven is broadening its shopper missions towards higher-margin, non-cigarette categories with a strategic focus on ready-to-eat (RTE) offerings, which accounted for 24% of Convenience sales in 2025. Across markets, consumers are seeking more convenient, high-quality and value-driven meal solutions. The expansion of Food Bars to 1,250 locations in South China and the rollout of RTE-focused store revamp across the entire Hong Kong network by 2028 will further strengthen 7-Eleven’s RTE proposition.

Food

Given consumers’ pivot towards value, continued northbound travel and increasing competition from Chinese mainland e-commerce platforms, the Wellcome team has focused on enhancing food basket value for customers by advancing our Everyday Low Price strategy. Investment in reduced pricing through strategic direct sourcing of core basket items, particularly in fresh, has resulted in a 2% growth in volume driven by higher footfall and increased items per basket. Direct sourcing allowed us to reduce prices while protecting gross profit, resulting in a 30-basis point gross margin improvement. These efforts further supported the narrowing basket price gap compared to the Greater Bay Area to a currently low single-digit price difference².

Home Furnishings

Similar to Food, IKEA has focused on enhancing its affordability and accessibility by reinvesting in the pricing of high-volume products, broadening the range of entry price points, rationalising the tail of slow-selling assortment, and further expanding digital touchpoints through third-party marketplaces. We are also strengthening IKEA Food as a key draw for customers seeking exciting and affordable food experiences as part of their store journey. These efforts are supported by significant cost transformation initiatives across our operating markets.

Own Brand

Our reset in Own Brand strategy across Food and Health & Beauty is driving higher customer loyalty and sales penetration through greater exclusivity and value. By refining our product range to align closely with customer needs and maximising cross-selling across our formats, we achieved meaningful improvements in margins and sales productivity.

Access to Customers

We continue to strategically expand our network in high-growth, profitable markets, primarily through a capex-light franchise model, with 114 net new openings³ in 2025. In particular, we will deepen 7-Eleven’s presence in Guangdong province to around 2,400 stores and expand Guardian’s footprint in Indonesia to approximately 750 stores by 2028.

Omnichannel and Data Ecosystem

DFI’s expanded omnichannel ecosystem is elevating our relevance and engagement with customers, providing us deep data insights across daily consumer needs that few peers in Asia can match. This ecosystem now allows our customers to engage with DFI brands across more than 90 digital channels, including apps, websites, third-party marketplaces, quick-commerce partnership with food delivery platforms and click-and-collect services. Our strengthened digital proposition was underpinned by a 140-basis point increase in online sales penetration to 6.4%⁴ as at year-end 2025, with order volume more than doubled year-on-year. Our overall digital ecosystem, comprising e-commerce, retail media, insights monetisation and yuu, continues to drive improved financial returns for the Group.

Retail Media (DFIQ Media)

Positioned to become Asia’s leading omnichannel retail media network, DFIQ Media offers a differentiated online and offline advertising proposition, enabling brands to execute cross-format campaigns through our digital assets and more than 10,000 in-store digital screens across markets. DFIQ Media delivered strong sales growth, albeit from a low starting base, achieving a fourfold increase in revenue over 2024, supported by proprietary data insights from over 7 million monthly active users across our growing digital portfolio.

DFIQ Portal

We aim to empower our supplier partners with actionable insights that drive greater business impact and better outcomes for customers. The DFIQ Portal – a vendor platform combining DFIQ Media, DFIQ Insights and trade capabilities – was launched in December 2025, providing suppliers real-time access to critical analytics that enables optimised inventory management and more effective strategic planning.

Retail Analytics

Leveraging cross-format data insights from over 5 million yuu Rewards members in Hong Kong, we continue to enhance our assortment and promotional decisions to help expand both in-store sales and gross profit.

Lean & Agile Model

Maintaining a lean and agile operating model is essential to ensuring efficient decision-making in a rapidly evolving retail landscape. Continued cost optimisation and better product sourcing will support both strategic price reinvestment and sustainable margin expansion in the coming years. Overhead reductions are expected to translate into lower SG&A costs beginning 2026. We remain disciplined in capex, driving network growth primarily through a franchise model with a strong focus on paybacks.

Strategic pivot from portfolio to a focused operating company

We conduct strategic reviews of our businesses guided by return on capital and total shareholder return priorities. During the year, we completed the divestment of our minority stakes in Yonghui and Robinsons Retail, as well as our Singapore Food business, generating total gross proceeds of approximately US$1 billion in cash consideration. In line with our capital allocation priorities, these proceeds were redeployed towards debt repayment, resulting in a net cash position of US$70 million as at year-end 2025. In addition, a special dividend of US$600 million was distributed to shareholders in October 2025. The Group remains focused on maximising total shareholder return while maintaining strategic flexibility for inorganic growth opportunities that are accretive to long-term shareholder value.

2025 PERFORMANCE

Total revenue from subsidiaries in 2025 was US$8.9 billion, up 1% on a LFL basis, excluding cigarettes. Organic revenue, excluding divested businesses⁵ for the comparable period, grew 0.5%. Strong sales growth in the Health & Beauty division was offset by lower contributions from other segments.

Excluding the impact of the minority stake divestments in Yonghui and Robinsons Retail completed in 2025, total revenue for the Group, including 100% of associates and joint ventures, remained broadly stable.

The Group reported total underlying profit attributable to shareholders of US$270 million for the year, up 35% year-on-year. This was supported by improved profitability from subsidiary businesses, lower financing costs and higher underlying profit from associates following the divestment of Yonghui.

Underlying profit from subsidiaries was US$183 million, 15% higher than the prior year. This was driven by strong Health & Beauty performance in addition to earnings recovery in Singapore Food and Home Furnishings segment, partially offset by lower contribution from Convenience due to reduced cigarette volume.

The Group’s share of underlying profit from associates was US$88 million, an improvement of US$45 million compared to the prior year, primarily due to the divestment of minority stake in loss-making Yonghui and higher contribution from Maxim’s as a result of improved mooncake sales and restaurant performance in Southeast Asia. Despite challenging trading conditions in Hong Kong and Chinese mainland, Maxim’s delivered profit growth in these regions through cost optimisation.

The Group reported operating cash flow after lease payments of US$430 million, 30% higher than the prior year, supported by underlying operating profit growth. Free cash flow⁶ for the period was US$281 million, up 78% year-on-year. As at 31 December 2025, the Group’s net cash was US$70 million, compared to US$468 million net debt at 31 December 2024.

SUSTAINABILITY

We remain firmly committed to our purpose to sustainably serve Asia for generations with everyday moments – with a focused, balanced, collaborative approach taking into account the macroeconomic environment and consumer sentiment. We are driving progress on our pathway to reduce our Scope 1 and 2 emissions by 50% by 2030 from a 2021 baseline, with our targeted investments in refrigerant emissions management, energy efficiency, and behaviour-change initiatives across our operations gaining momentum throughout the year. From 2025 to 2030, we will further increase the share of renewable energy use in our portfolio, helping to accelerate the energy transition in the key markets where we operate.

As advocates for our customers and the communities we serve, we are committed to delivering affordable, sustainable products. In 2025, we delivered 380 tonnes of Own Brand low-carbon rice to our Hong Kong markets and added multiple products through our Grounds to Green programme to our 7-Eleven RTE range. These award-winning initiatives demonstrate our ability to anticipate customer expectations and deliver on market demands. We maintained strong discipline in waste and packaging management, keeping us on track to meet our 2030 targets.

BUSINESS REVIEW

HEALTH AND BEAUTY

Sales for the Health and Beauty division grew 7% year-on-year or 5% on an LFL basis to US$2.6 billion. Underlying operating profit was US$228 million for the year, representing an increase of 8% compared to 2024.

Both Mannings and Guardian achieved strong LFL sales performance, supported by growing wellness sales penetration towards the mid-term target of over 35%. To further strengthen our leadership in wellness – a cross-category opportunity spanning health, beauty and personal care – Mannings and Guardian complemented their wellness-focused assortment with in-store health, skin and scalp assessments in selected outlets. Our personalised consultations and tailored product recommendations deepen our engagement with customers, supporting larger basket sizes and higher purchase conversion.

Hashtag: #DFIRetailGroup #Mannings #Guardian #7-Eleven #Wellcome #MarketPlace #IKEA #yuu #Maxim’s

The issuer is solely responsible for the content of this announcement.

DFI Retail Group

As part of this partnership, AgileAsia will contribute its deep industry expertise in ESG strategy, sustainability transformation, and organisational change. At the same time, SMU Academy will bring its applied learning framework and established professional training infrastructure. By combining industry-grounded insight with academic rigour, the collaboration will deliver sustainability-focused programmes that equip organisations and working professionals with structured, credible pathways to develop real-world sustainability capabilities.

Delivering Sustainability Education Through SMU Academy
AgileAsia’s industry specialists and the academic leadership of SMU Academy co-develop certified sustainability courses. AgileAsia provides sustainability professionals with hands-on industry experience as trainers, while SMU Academy serves as the academic host and programme platform. This integrated model allows participants to gain applied industry insight within a recognised university-backed learning environment.

The collaboration is structured to help organisations move beyond sustainability intent towards practical execution. Programme content emphasises equipping professionals with practical skills that respond to climate risk, ESG reporting requirements, regulatory awareness, and the operational realities of cross-functional organisational change.

This approach responds to growing demand from organisations seeking structured, SkillsFuture-supported sustainability training that is both implementation-focused and academically grounded.

Responding to Industry and Regulatory Needs
The partnership was shaped by a convergence of industry demand, evolving regulatory expectations, and increasing client need for formal ESG upskilling. Organisations across sectors are navigating sustainability disclosure requirements, decarbonisation targets, and stakeholder scrutiny, while often lacking the internal capability to translate strategy into action.

“SMU Academy was a natural academic partner for us due to its strong emphasis on applied learning, sustainability thought leadership, and close engagement with industry and government stakeholders,” said Sharan Mangalore, CEO of AgileAsia. “Its focus on professional education aligns closely with our delivery philosophy, making this lifelong learning partnership a strong strategic fit for advancing practical sustainability capability-building.”

Programmes Hosted Under the Partnership
The collaboration has launched two certification programmes hosted by SMU Academy: the Sustainability Project Management and the Certified Climate Resilient Officer (CRO) programme. Both of these sustainability management courses are SkillsFuture-supported and aligned with SkillsFuture Singapore (SSG) frameworks.

The Sustainability Project Management course addresses common execution gaps faced by organisations, equipping professionals with structured project governance, stakeholder management, and delivery approaches tailored to ESG initiatives. The CRO programme, on the other hand, focuses on building practical capability in climate risk assessment, resilience planning, and organisational adaptation to climate-related disruption.

Across both programmes, participants engage with applied case studies, practical tools, and methodologies that can be directly contextualised to their organisations.

Audience and Organisational Impact
This partnership builds on AgileAsia’s experience in enterprise transformation and leadership development, translating sustainability principles into structured execution frameworks that address real organisational challenges.

What’s Next for the Partnership
As a long-term collaboration, it reflects a shared commitment to developing future-ready sustainability professionals through applied, university-hosted education pathways.

Organisations and professionals seeking to strengthen sustainability and ESG execution capabilities can explore AgileAsia’s upcoming programmes or browse SMU Academy’s professional course offerings.

Hashtag: #AgileAsia, #sustainability

The issuer is solely responsible for the content of this announcement.

About AgileAsia

AgileAsia is a leading professional training and certification provider headquartered in Singapore. With over a decade of experience, the company has partnered with enterprises, government agencies and education institutions across Asia to deliver transformative learning in Agile, Sustainability (ESG) and Generative AI.

In the Sustainability (ESG) space, AgileAsia is recognised for delivering comprehensive, industry-relevant programmes in collaboration with international ESG bodies. Their courses are facilitated by industry practitioners with decades of hands-on ESG experience across sectors such as maritime, finance, and manufacturing.

A discreet, reservation-led space in TPI Building designed for intimate experiences, elevated service, and a new kind of all-in-one entertainment destination

Hashtag: #Club666 #Clubbing #Singapore #Lifestyle #Nightlife

https://club666-premium.com
https://www.instagram.com/666clubsingapore

The issuer is solely responsible for the content of this announcement.

About Club 666

Club 666 is Singapore’s first micro club, redefining exclusivity through thoughtfully curated, intimate experiences. Inspired by the world’s elite private clubs, Club 666 creates a refined space where discretion, distinction, and elevated lifestyle converge. Located in TPI Building, Club 666 is part of a growing, one stop entertainment vision led by founder Glenn.

Operating Hours: Open daily (including public holidays), 10:00PM to 3:00AM. Extended hours on Saturdays and eves of public holidays: 10:00PM to 4:00AM.
Reservations: +65 8414 3466
More information: https://club666-premium.com

Music for Comfort is the world’s first music album developed using monaural beats specifically designed for grief support in open spaces, while The Colours of Missing You is a children’s book that guides both young and old through the experience of grief using colour and storytelling. Together, these resources offer gentle, accessible pathways for emotional expression and reflection.

In line with the same commitment to bridging tradition and technology, Direct Funeral Services has also introduced Memory Weave, an AI-driven tool designed to help families honour and celebrate their loved ones through deeply personalised digital tributes, extending remembrance beyond the farewell.

Driven by a deep understanding of the needs of grieving families, Direct Funeral Services partnered with The TENG Company to co-develop Music for Comfort. The album is positioned as the world’s first to utilise monaural beats specifically designed for grief support in open environments such as funeral wakes.

Comprising 10 original tracks, the album was developed in collaboration with researchers from the Singapore Institute of Technology, with compositions aligned to the emotional stages of farewell. Early research findings indicate promising reductions in commonly reported grief-related symptoms, including anxiety and emotional overwhelm.

Alongside the album, Memory Weave, an interactive digital tool that offers families and friends a collaborative way to celebrate a life well lived. Attendees can contribute photos, videos, or audio messages via the app. These shared memories are then woven into a personalised digital montage, accompanied by music from the Music for Comfort album and played throughout the wake, offering attendees an intimate and reflective glimpse into the many facets of the departed’s life.

Jenny Tay, Managing Director at Direct Funeral Services, shares, “Every person’s life is a tapestry of stories and moments that deserve to be celebrated. With Memory Weave, we aim to provide families with meaningful ways to remember their loved ones, while creating a deeply personal farewell. By combining innovation with compassion, we hope to honour the beauty of each life lived.”

While Music for Comfort was initially conceived for funeral settings, its therapeutic potential extends beyond death care. The album may also support individuals navigating other forms of emotional loss, including divorce, illness, separation, or major life transitions. Building on The TENG Company’s Music for Mindfulness album released in 2023, Music for Comfort represents a continued exploration into emotional well-being through music. Four of the album’s ten tracks were released on Spotify in the last quarter of 2025:

(https://open.spotify.com/album/1KBClxkYV8YN78UdqTXjw5?si=XeYiRmXwR-mInRV3i vQzLA).

Written by Darren, The Colours of Missing You is an exquisitely illustrated book that helps both children and adults navigate the intricate emotions of grief. Inspired by Darren’s personal experience of losing his sister in 2022, and drawing on his expertise as a psychotherapist and leader in the deathcare industry. As the third title in a series of grief-support publications, this book uniquely uses the colours of the rainbow to represent the non-linear nature of grief.

Each colour – from red for anger to blue for sadness and indigo for healing – invites readers to acknowledge and process their feelings without judgment. The book’s captivating visuals were brought to life by Shan Jiang, a Shanghai-born, London-based artist renowned for his collaborations with global brands like Nike and NASA.

“The typical ways of addressing grief through silence, avoidance, or clinical terms can feel heavy and inaccessible. What we need is a softer entry point. Music and story help us feel first, before we think,” said Darren TK Cheng, CEO of Direct Funeral Services.

Together, these initiatives by Direct Funeral Services reflect a growing shift towards more compassionate and inclusive approaches to grief support in Singapore, underscoring how thoughtful integration of art, technology and human care can create meaningful spaces for remembrance, reflection and healing.

Hashtag: #DirectFuneral

The issuer is solely responsible for the content of this announcement.

About Direct Funeral Services

Established in 1980, Direct Funeral Services began with humble beginnings and has since grown to become a household name in Singapore’s death care industry, providing funeral pre-planning and specialised funeral services for Taoists, Buddhists, Christians, Catholics, and more. With a steadfast commitment to providing thoughtful, professional, and innovative afterlife services, the company has supported generations of families in celebrating and honouring the lives of their loved ones.

Beyond serving families, Direct Funeral Services is dedicated to raising awareness about the importance of death planning and fostering the value of filial piety among the younger community. Through compassionate initiatives and outreach efforts, the company continues to encourage meaningful conversations around end-of-life matters.

Even as Direct Funeral Services embraces innovation, including AI-driven solutions like A Life Well Lived and Memory Weave, the company’s fundamental belief in respect and compassion remains at the heart of everything it does. This guiding principle ensures every service is delivered with care, dignity, and a deep understanding of each family’s unique needs.

To learn more about how Direct Funeral Services is transforming the art of remembrance, visit directfuneral.com.sg or contact their 24/7 helpline at +65 6555 1115. For media enquiries, please contact Direct Funeral at [email protected].

DEEBOT T90 PRO OMNI and DEEBOT mini 2 Debut at the Singapore IT Show 2026

Marking their first public showcase in Singapore, the DEEBOT T90 PRO OMNI and the DEEBOT mini 2 will officially debut at the Singapore IT Show 2026, taking place from 12 to 15 March 2026. Visitors to the show will be among the first in Singapore to experience ECOVACS’ latest DEEBOT T90 PRO OMNI launch in person, with live demonstrations highlighting its upgraded OZMO ROLLER 3.0 Instant Self-Washing Mopping Technology and PowerBoost Technology with Perpetual Runtime, as well as the refined Nordic-inspired design.

Consumers will also be able to experience the new ultra-compact DEEBOT mini 2, for those seeking a powerful cleaning solution without compromising on space. With a diameter of just 28.6 cm – smaller than a sheet of A4 paper – the DEEBOT mini 2 is designed for small apartments, from compact studios to two-bedroom homes. Despite its size, the DEEBOT mini 2 is equipped with advanced technologies like TrueMapping 2.0 and TrueDetect 3D, to plan cleaning routes and detect different surfaces, providing up to 91% whole-home cleaning coverage. It effortlessly navigates tight corners and hard-to-reach areas, offering 100% edge and corner coverage. Whether it’s under coffee tables, between furniture legs, or in narrow hallways, the DEEBOT mini 2 ensures that no spot is left behind.

The showcase underscores ECOVACS’ commitment to bringing intelligent, hands-free home cleaning innovations closer to local consumers through immersive, hands-on experiences.

Pricing and Availability

The DEEBOT T90 PRO OMNI and DEEBOT mini 2 will be available in Singapore from 8PM on 2 March 2026 via the ECOVACS official webstore, NTUC FairPrice webstore, Shopee, Lazada, and TikTok Shop.

The DEEBOT T90 PRO OMNI will be offered at a pre-sale price of S$1,199 (U.P. $1,899). Purchases made on the official webstore, Fairprice Online, Shopee, Lazada, and Tiktok will include a Tineco iCarpet Spot Cleaner worth S$379, while stocks last.

The DEEBOT mini 2 will be offered at a pre-sale price of S$599 (U.P. $749). Purchases made on the official webstore, Fairprice Online, Shopee, Lazada, and Tiktok will include an accessories pack worth S$48.90, while stocks last.

Hashtag: #ECOVACS

The issuer is solely responsible for the content of this announcement.

About ECOVACS ROBOTICS:

Founded in 2006, ECOVACS ROBOTICS is a global leader in home service robotics with a diverse portfolio of products encompassing robotic vacuum cleaners and robotic window cleaners. With its expansion into robotic lawn mowers, commercial cleaning robots and robotic pool cleaners, ECOVACS solidified its position as a multi-category leader in home service robotics.

Guided by the mission “Robotics for All”, ECOVACS continues to advance technology and enhance the user experience to make life smarter and more stylish for consumers worldwide. With sales subsidiaries in Germany, the United States, Japan, and Singapore, ECOVACS products reach nearly 180 major markets and serve over 38 million households globally.

A testament to this market leadership, ECOVACS ROBOTICS has ranked first in China’s robotic vacuum cleaner market by share for ten consecutive years (2015-2024).

• Veritickets offers a ticket issuance promise as fast as 12 hours and guarantees that every ticket is verified and valid for entry.
• The platform is an officially certified partner of Alipay, China’s leading payments and digital services platform, and of the cross-border e-commerce platform Tmall Global.
• It provides multilingual interfaces and multi‑currency payment options.

SINGAPORE – Media OutReach Newswire – 26 February 2026 – Veritickets, a next‑gen global ticketing platform, recently launched its website and mobile app. The platform pledges to issue confirmed, in‑stock tickets in as fast as 12 hours and offers multilingual interfaces and multi‑currency payment options to address major pain points for cross‑border buyers and streamline the purchase experience.

The platform also guarantees “100% verified tickets,” supported by a consumer‑protection policy that offers a full refund plus additional compensation of up to the ticket price if a ticket is not delivered. Users can access the service via the Veritickets website or by downloading the mobile app from various app stores.

Designed specifically for international buyers, Veritickets accepts major credit cards including Visa, Mastercard and JCB. It is also an officially certified partner of China’s leading payments and digital services open platform Alipay and of the cross-border e-commerce platform Tmall Global.

The platform has already listed multiple high‑demand events, including the BTS 2026-2027 World Tour, the World Cup 2026 and Stefanie Sun _After Sunset_ World Tour.

With an initial focus on Hong Kong, Macau and Southeast Asia, Veritickets is positioning itself as a global ticketing platform, aiming to deepen its presence across the Asia‑Pacific region while expanding into additional markets in phases.

To reduce search friction and enhance transparency, Veritickets aggregates official, vetted inventory into a single interface, enabling users to compare options efficiently. The platform provides real‑time availability and pricing, supported by an all‑in pricing model intended to minimize unexpected fees and last‑minute adjustments.

Its smart recommendation engine curates event suggestions based on user preferences. The platform also offers round‑the‑clock customer support and real‑time transaction verification as part of its agent supervision standards.

Veritickets is currently recruiting internationally qualified ticketing agents, requiring valid operating licenses, strong credit records and proven professional service capabilities. All agents must comply with stringent requirements, including real‑time ticket updates, instant transaction validation and round-the-clock customer support, ensuring a consistent and reliable experience for buyers worldwide.
Hashtag: #Veritickets

The issuer is solely responsible for the content of this announcement.

SINGAPORE – Media OutReach Newswire – 24 February 2026 – In the wake of Budget 2026 and Prime Minister Lawrence Wong’s announcement of a National AI Council to accelerate mission-driven artificial intelligence deployment, EtonHouse International Education Group has collaborated with OpenAI to roll out ChatGPT Edu across its global education network, establishing a secure, enterprise-grade AI workspace designed to strengthen governance, operational excellence and institutional capability.

The implementation spans the Group’s schools and education brands, including EBridge Pre-School, an Anchor Operator, extending AI integration beyond classroom experimentation into enterprise-wide infrastructure supporting operations, marketing and admissions, finance, human resources, school administration and technology development.

While education was not named among the initial priority sectors identified under Singapore’s national AI strategy, EtonHouse views schools as foundational to building long-term AI capability and literacy across society.

Governance-led AI deployment

The rollout has been structured around enterprise governance principles. Access is managed through role-based access controls, single sign-on authentication and automated provisioning, ensuring that AI tools and information remain aligned to defined job responsibilities and permission boundaries.

ChatGPT Edu operates within a centrally managed internal workspace governed by consistent policies across the Group. External sharing and third-party integrations are enabled only where explicitly approved and aligned with business requirements, reinforcing a secure and compliant AI environment.

This governance-first approach reflects a deliberate shift from isolated experimentation to structured, scalable adoption.

From classroom innovation to enterprise infrastructure

EtonHouse previously developed Lumina, its proprietary AI-powered lesson planning platform. The deployment of ChatGPT Edu represents the next phase of integration, extending advanced artificial intelligence capabilities into enterprise functions.

Within the secure workspace, teams can upload documents for structured analysis, generate comparative reports, conduct scenario modelling and retrieve institutional knowledge more efficiently. Technology teams are also leveraging Codex, OpenAI’s agentic coding tool, to enhance development workflows, supporting code drafting, review and testing while maintaining human oversight and established engineering standards.

The Group is concurrently developing internal AI assistants and structured workflows within defined governance parameters to streamline routine processes and standardise how knowledge is accessed and applied across departments.

Augmentation, not replacement

EtonHouse emphasises that artificial intelligence is being implemented as an augmentation layer rather than a substitute for professional judgement.

“Artificial intelligence is not a shortcut or a replacement technology. It is a learning infrastructure,” said Mr Ng Yi-Xian, Group CEO of EtonHouse International Education Group. “We are developing tools that help students learn more confidently, support teachers to plan and differentiate more effectively, and equip HQ teams to serve schools faster and with higher quality. AI should amplify good practice, not replace it, so we are building the governance and capability to deploy it responsibly at scale.”

The rollout will be supported by structured staff training alongside OpenAI experts clear usage guidelines and ongoing oversight to ensure transparency, responsible usage and alignment with internal policies and regulatory obligations.

“As Singapore advances its national AI ambitions, many institutions are working to bridge the gap between rapidly advancing AI technologies and their ability to deploy them effectively and responsibly. EtonHouse’s rollout of ChatGPT Edu shows how forward-thinking education organisations can translate AI into practical, trusted enterprise-wide systems that empower teams today, while building confidence for the long-term.” added Oliver Jay, Managing Director, International at OpenAI.

Education’s role in Singapore’s AI future

Budget 2026 outlined the formation of a National AI Council to guide coordinated deployment across priority sectors including advanced manufacturing, connectivity, finance and healthcare.

EtonHouse’s implementation reflects how education institutions can apply similar principles of governance, security and enterprise readiness, positioning schools not only as adopters of technology but as contributors to Singapore’s broader AI capability building.

With this move, EtonHouse signals a transition from exploratory AI usage to secure, scalable integration across its global network, reinforcing its commitment to innovation anchored in institutional discipline and responsible deployment.

Hashtag: #ArtificialIntelligence #EnterpriseAI #AIGovernance #AIDeployment #EdTech

https://www.etonhouse.edu.sg/
https://www.linkedin.com/company/etonhouse-international-education-group/
https://twitter.com/EtonHouseGroup
https://web.facebook.com/EtonHouseInternational/
https://www.instagram.com/etonhouseinternational/

The issuer is solely responsible for the content of this announcement.

About EtonHouse International Education Group

In 2015, the EtonHouse Community Fund (ECF) was established, dedicated to enhancing the lives of underserved children and youth through education.

The Eton Academy was launched in 2020, providing English, Maths, and Science academic programmes for Nursery 1 to Primary 6 in centres across the island. Building on this success, The Eton Academy expanded in 2025 with the introduction of Elevate After School Care, offering primary school children a holistic, well-rounded after-school experience that complements their academic development.

EtonHouse International Education Group remains unwavering in its commitment to shaping futures and making a meaningful impact on the world through education.

This year’s edition sees six coffee shops from the region secure placements in the Top 100 List

SINGAPORE – Media OutReach Newswire – 23 February 2026 – The second edition of THE WORLD’S 100 BEST COFFEE SHOPS 2026 with DaVinci Gourmet announced its global ranking at CoffeeFest Madrid 2026 on 16 February 2026. This year marks a breakthrough moment for the Middle East. The United Arab Emirates secured two placements in the global Top 100, reinforcing its position as a fast-growing specialty coffee hub. In addition, Qatar and Oman achieved their first-ever entries in the global ranking, and Turkey’s Meet Lab Coffee returned to the list, underscoring the region’s growing presence on the world coffee stage.

The list confirms the emergence of new global capitals of quality coffee, as well as the consolidation of an increasingly diverse and innovative international coffee community that includes The United States, which leads the ranking with nine selected coffee shops, South America, Europe, Asia Pacific, Africa and Middle East.

Middle East coffee shops that made the Top 100 Ranking:

• Benchmark Coffee, UAE

• Harvest Coffee, Qatar

• Meet Lab Coffee, Turkey

• Azura – The Coffee Company, Oman

• Cypher Urban Roastery, UAE

• Flat White Specialty Coffee, Qatar

Hashtag: #TheWorlds100BestCoffeeShop #DaVinciGourmet

The issuer is solely responsible for the content of this announcement.

ideal for sharing during family gatherings and as gifts when visiting loved ones during communal Iftar gatherings and during the Hari Raya season.

• Handcrafted Beverages: Guests can enjoy our 100% Premium Arabica coffee, including the legendary Maple Cinnamon Latte and the Montreal Latte, as well as our signature Frappe Iced Beverages (Iced Capps®) and a variety of espresso-based lattes and non- caffeinated refreshing drinks, all prepared under strict Halal-certified protocols.
• Savory Selection: The menu also features a range of made-to-order sandwiches, bagels and bakes, offering a variety of fresh and flavourful choices for any time of day.

The journey to MUIS Halal certification involved a comprehensive and rigorous audit of the entire Tim Hortons® operational ecosystem. This included a meticulous review of the supply chain, ingredient sourcing, and kitchen preparation processes. This achievement ensures that the high-quality standards Tim Hortons® is known for globally, are harmonized with the stringent religious and food safety requirements of MUIS.

As Tim Hortons® continues to expand its footprint across Singapore, where it currently operates 17 stores, this certification is a pillar for all future outlets. The brand looks forward to opening more doors across the island, ensuring that the “Tims” experience remains accessible to all Singaporeans.

Hashtag: #TimHortons

http://www.timhortons.sg/
https://www.facebook.com/timhortonssingapore/
https://www.instagram.com/timhortonssg/
https://www.tiktok.com/@timhortons.sg

The issuer is solely responsible for the content of this announcement.

About Tim Hortons®

Lumen’s Advanced MDR offering delivers comprehensive, AI-powered threat detection and response across cloud, on-premises, identity, and OT environments – helping customers gain full-spectrum visibility and control over their security operations. Built on Palo Alto Networks Cortex XSIAM platform, which unifies XDR, SOAR, ASM, and SIEM capabilities, the solution simplifies SOC workflows, eliminates console switching, and accelerates incident response through automation and advanced analytics. This platform-centric approach not only improves detection accuracy but also reduces operational complexity and licensing overhead.

As a Select Partner, Lumen supports seamless deployment of Cortex XSIAM, empowering customers to transform their security posture with confidence. Customers benefit from continuous threat hunting, tailored playbooks, and asset discovery powered by Lumen’s SOC analysts and Black Lotus Lab. With deep regional expertise, a strategic global network of SOCs, and a customer-first success model, Lumen ensures proactive defence against evolving threats.

Lumen has also recently been recognised in the Major Players Category in the IDC MarketScape: Asia/Pacific (excluding Japan) Managed Detection and Response (MDR) Services 2025 Vendor Assessment^[1]. Lumen believes this recognition further validates its leadership in delivering scalable, outcome-driven security solutions.

“Our Advanced MDR offering is designed to give customers clarity and control in the face of growing cyber complexity. Partnering with Palo Alto Networks allows us to deliver a unified, intelligence-driven platform that not only strengthens security operations but also aligns with our customers’ business goals. This specialisation validates our ability to deliver trusted, outcome-focused cybersecurity, backed by deep regional expertise and a commitment to proactive protection,” said Ignatius Wong, Senior Director, Managed & Professional Services, APAC at Lumen Technologies.

Michelle Saw, Vice President, GTM Shared Services and Ecosystems, Asia-Pacific and Japan at Palo Alto Networks, said, “Lumen’s achievement is a significant milestone that reinforces our commitment to a partner ecosystem focused on delivering world-class security outcomes in APAC. In today’s complex threat landscape, customers need the power of a unified, AI-driven platform like Cortex XSIAM, combined with the deep regional expertise and managed services of a trusted partner like Lumen. We are proud to collaborate with Lumen to empower businesses across the region to transform their security posture and confidently face the next generation of cyber threats.”

Hashtag: #LumenTechnologies

The issuer is solely responsible for the content of this announcement.

About Lumen

Lumen is unleashing the world’s digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realise AI’s full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow.

New location expands company’s global infrastructure, while offering faster data processing, robust security measures and regulatory compliance

SINGAPORE – Media OutReach Newswire – 23 February 2026 – Anaplan, the global leader in AI‑driven scenario planning and analysis, today announced the launch of its new Amazon Web Services data center in Singapore. This strategic expansion is designed to accelerate digital transformation and empower businesses in Southeast Asia with advanced artificial intelligence capabilities for real-time planning and decision-making.

The new data center will significantly enhance Anaplan’s global infrastructure and offer faster data processing, improved security and regulatory compliance. These features are essential for protecting sensitive information and meeting local data sovereignty requirements, which is especially critical for industries such as public sector and financial services.

“The launch of Anaplan on AWS in Singapore represents a strategic milestone and reinforces our shared commitment to customers across Asia-Pacific,” said Carol Potts, general manager for North America ISV sales at AWS.

By leveraging the Anaplan platform, businesses in the region will gain access to leading AI and machine learning technologies, enabling them to:

• Optimize planning processes: AI-driven insights will help businesses make more informed, data-driven decisions in real-time, streamlining operations and improving efficiency.
• Enhance data security: The data center ensures that data remains within Singapore, adhering to local regulations.
• Drive AI innovation: Backed by a reliable and secure infrastructure, companies can scale their operations by embedding cutting-edge AI technology directly into cross-functional planning processes and workflows, empowering teams to move faster, make smarter decisions, and stay ahead of the competition.

“We are delighted to bring the Anaplan platform, including our new suite of role-based AI agents, to Singapore and the broader Southeast Asia region,” said Amit Bagga, managing director, APAC, at Anaplan. “Data sovereignty is a stringent requirement for our clients, and our new location ensures that their data remains within Singapore, adhering to local regulations. Plus, with Anaplan Intelligence, businesses can harness the power of AI to optimize and unify their finance, workforce, sales, and supply chain planning processes, gain deeper insights and make strategic decisions with confidence.”

This regional addition marks another milestone in Anaplan’s $500 million innovation roadmap, aimed at expanding the company’s global reach and supporting local businesses with the latest AI-driven planning and analytics technology. The company has also made other data center expansions in the Asia-Pacific region, including in India, Indonesia, and Australia, further solidifying its commitment to the region.

Hashtag: #Anaplan

The issuer is solely responsible for the content of this announcement.

About Anaplan

Anaplan is the only AI-driven scenario planning and analysis platform designed to optimize decision-making in today’s complex business environment so that enterprises can outpace their competition and the market. By building connections and collaboration across organizational silos, our platform intelligently surfaces key insights — so businesses can make the right decisions, right now. More than 2,500 of the world’s best brands, including nearly half of the Fortune 50, continually optimize their decision-making by planning with Anaplan. To learn more, visit www.anaplan.com.

Built for this new phase, GLM-5 ranks among the strongest open-source models for coding and autonomous task execution. In practical programming settings, its performance approaches that of Claude Opus 4.5, particularly in complex system design and long-horizon tasks requiring sustained planning and execution.

The model rests on a new architecture aimed at scaling both capability and efficiency. Its parameter count has expanded from 355bn to 744bn, with active parameters rising from 32bn to 40bn, while pre-training data has grown to 28.5trn tokens. These increases are paired with advances in training methods. A framework called Slime enables asynchronous reinforcement learning at a larger scale, allowing the model to learn continuously from extended interactions and improve post-training efficiency. GLM-5 also introduces DeepSeek Sparse Attention, which maintains long-context performance while cutting deployment costs and improving token efficiency.

Benchmarks suggest strong gains. On SWE-bench-Verified and Terminal Bench 2.0, GLM-5 scores 77.8 and 56.2, respectively, the highest reported results for open-source models, surpassing Gemini 3 Pro in several software-engineering tasks. On Vending Bench 2, which simulates running a vending-machine business over a year, it finishes with a balance of $4,432, leading other open-source models in operational and economic management.

These results highlight the qualities required for agentic engineering: maintaining goals across long horizons, managing resources, and coordinating multi-step processes. As models increasingly assume these capabilities, the frontier of AI appears to be shifting from writing code to delivering functioning systems.

Chat & Official API Access

Z.ai Chat: https://chat.z.ai
GLM Coding Plan: https://z.ai/subscribe?utm_source=pr&utm_medium=press&utm_campaign=launch

Open-Source Repositories

GitHub: https://github.com/zai-org/GLM-5
Hugging Face: https://huggingface.co/zai-org/GLM-5

Blog
GLM-5 Technical Blog: https://z.ai/blog/glm-5
Hashtag: #ZAI

The issuer is solely responsible for the content of this announcement.

Singapore’s drive to harness artificial intelligence as an engine of economic growth is entering a decisive phase marked by abundant ambition and clear signs of strain across company ranks. Government fiscal policy and private-sector deployment are converging on AI, but weak data infrastructure, skills gaps and uneven returns are tempering expectations even as enterprises escalate investments and policy support grows.

Last week, the nation’s Budget for the 2026 fiscal year unveiled a suite of measures aimed at elevating AI adoption across multiple industries. Prime Minister and Finance Minister Lawrence Wong confirmed the establishment of a National AI Council, to be chaired by himself, tasked with coordinating research, regulation and investment to align public and private interests in developing AI capability. The plan also includes National AI Missions focused on advanced manufacturing, connectivity and logistics, finance and healthcare, sectoral areas where government and business leaders see the most potential for productivity gains and value creation. The budget expands fiscal incentives with enhanced tax deductions for AI-related expenditures over the next two assessment years and widened grant schemes to support adoption, workforce training and enterprise transformation. Leaders of major consultancies said these measures signal a shift from experimentation to enterprise-scale adoption and give firms a clearer pathway to embed AI into core operations.

Despite this policy momentum, data from industry surveys and corporate research paint a more nuanced picture of utilisation and outcomes. Adoption of AI tools in Singapore is now near universal among larger firms, with about 96 per cent reporting some level of use. But a significant gap remains between deployment and measurable returns on investment. Only a minority of organisations consider themselves leaders in achieving strong, sustained ROI, indicating an emerging disconnect between AI deployment at scale and operational readiness to turn it into business value. Executives widely acknowledge that sprawling and complex data environments, coupled with cybersecurity concerns, are contributing to operational friction and risks that constrain potential gains.

Private forecasts and vendor research suggest that enterprises are committed to accelerating AI spending even as returns lag. Surveys of business leaders show average investments in AI of around SG$18.9 million, with expectations for investment growth of roughly 38 per cent over the next two years and ROI projections rising to an average of 29 per cent during the same period. Yet analysts note that these returns will depend significantly on firms’ ability to bridge gaps in data readiness and workforce capability. Many Singapore companies acknowledge limited internal training, fragmented data integration and widespread informal use of ungoverned AI tools, all of which undermine robust enterprise-level strategy and governance structures.

Structural issues are as salient as technical ones. Industry leaders point to weaknesses in reliable data foundations and the need for stronger leadership alignment to embed AI into strategic operations rather than relegated to pilot projects or isolated business functions. Senior executives contend that competitive advantage over the coming decade will be determined less by technology choice and more by how effectively organisations build hybrid human-AI teams and integrate AI into everyday workflows.

Talent acquisition and retention also feature prominently in conversations around Singapore’s AI trajectory. Advanced AI, cloud and cybersecurity skills are in high demand globally and Singapore is no exception, with firms reporting difficulty scaling teams with the specialised expertise needed to support complex AI systems. This talent shortage both drives up costs and slows the pace at which organisations can absorb and leverage new technologies.

Cloud infrastructure and advanced digital foundations are another determinant of success. Financial services institutions in Singapore, for example, are among the most advanced globally in cloud adoption, with a majority running core workloads in cloud or hybrid environments that facilitate large-scale AI deployment. This infrastructure supports use cases ranging from compliance and risk management to fraud detection and transaction monitoring. However, budget constraints, talent gaps and integration challenges remain headwinds even in these relatively strong pockets of adoption.

Commentators outside the corporate sphere emphasize the importance of inclusive growth, noting that small- and medium-sized enterprises must not be left behind in the national AI push. Business federation and consultancy leaders warn that without targeted support for smaller firms to sustain, not just adopt, AI technologies, widening capability divides could undermine broader economic innovation and productivity goals.

By Nantoo Banerjee The excitement over the finalization of the first tranche of the Indo-US trade deal during last weekend after months of negotiations and uncertainties may be irrational, if not too early, as it remains unclear about the US attitude towards India’s multi-alignment global trade and economic strategy combining countries such as Russia and […]

The article Indo-US Trade Deal Promises To Be Contentious appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).