"Diggin deeper roots in the small business ecosystme: Our impact in 2025 - and what comes next"

Originally published by Mastercard

2025 has reshaped the U.S. small business landscape in ways few expected. Shifts in economic policy, funding, and market dynamics have created new pressures — and opened new opportunities — for the entire ecosystem.

For Mastercard Strive USA, the key question that emerged early in 2025 was: How do we help small business support organizations — and the entrepreneurs who rely on them — not only weather these shifts, but turn them into opportunity?

Our answer was to deepen the roots of our network, strengthen the foundation of the program, and focus on actions that both strengthened the resilience of our partners and helped them move with confidence into 2026.

The Mastercard Center for Inclusive Growth launched Mastercard Strive USA in 2023 with a bold ambition: to reimagine how the ecosystem equips and supports small businesses, especially those facing the greatest barriers. In Year 1, we focused on turning that vision into a reality while also having an immediate impact. Year 2 was about growing that impact by adding new partners and capabilities at both national and local levels.

Year 3 required a different approach. Faced with fast-moving conditions, partners needed stability, clarity, and practical tools to stay focused on what mattered most: delivering timely, high-quality resources to the entrepreneurs depending on them. Consequently, we focused on reinforcing partner resilience and tightening the connective tissue of the network, backing solutions that strengthen small business financial health at a moment when it mattered more than ever. At the same time, we continued to grow our impact by adding new organizations and solutions to our portfolio.

A more strategic form of growth

As of September 2025, Mastercard Strive USA had reached more than two million small businesses, unlocked nearly $48 billion in capital for entrepreneurs, and engaged with 920 different partners. These numbers reflect not only growing scale, but a more intentional pattern of growth, shaped by the realities of the year.

"Sustaining and growing our impact: Three years of Mastercard Strive USA"

Long-standing partners such as Community Reinvestment Fund, USA and Accion Opportunity Fund continued to drive national reach. At the same time, new partners like Heartland Forward and Scale Link opened channels into regions and sectors where demand for trusted support accelerated.

Key milestones from our community include:

  • Accessity, one of our first innovation fund winners, integrated technology upgrades into their lending process with the goal of becoming more efficient. One notable result: Through a partnership with Radiant Data, they developed and deployed a new credit model to help staff better evaluate borderline cases, which helped drive historical levels of lending for the organization in 2025.
  • Community Reinvestment Fund, USA implemented its CRF Exchange product to support enrollment in California IBank’s four loan guarantee programs. Over $1.5 billion has now flowed through CRF Exchange, demonstrating how the tool can be used at significant volume.
  • Rural LISC’s Business Development Organization (BDO) Network, which focuses on supporting entrepreneurs in rural communities, provided over 4,500 hours of business coaching, training, and advisory services; hosted 189 workshops or training sessions; and supported the deployment of $775,000 in loans and $120,000 in grants to Community Financial Institutions (CFIs) and Business Support Organizations (BSOs). This work resulted in the creation of 4,826 jobs in rural communities.
  • Inclusiv’s Small Business Capital Initiative has helped numerous Community Development Credit Unions (CDCUs) and cooperativas deploy more small business loans by providing new financing tools and education. For example, members transacted nearly $3 million in loans through Inclusiv’s new Loan Participation Marketplace. Graduates of their Small Business Capital Initiative Learning Center also deployed over $69 million in small business loans to entrepreneurs.
  • Momentus Securities continues to build out their loan securitization program for small business lenders. Since the beginning of the grant, they have recruited eleven CDFIs and business lenders to participate in creating the secondary market for CDFI loans. They have purchased over $46 million in loans and sold over $41 million in assets to dae.

We also invested in strengthening local ecosystems in Alabama, Michigan, Georgia, California, and the DMV region (Washington, DC; Maryland, and Virginia). New partners supporting this work include Access to Capital for Entrepreneurs (Georgia), the Washington Area Community Investment Fund (Washington, DC), and the new Entrepreneurship Center for Growth and Excellence (Alabama).

Since launching the program, Mastercard Strive USA has supported 45 different organizations shaping the nation’s small business support infrastructure.

Building a more connected community

This year made one thing clear: connection is a key component of resilience. When partners share what they’re seeing, what they’re testing, and where they’re feeling strain, the entire network becomes stronger.

In Year 3 we launched several initiatives to strengthen connections and collaboration among the organizations we support, reflecting our goal to build a portfolio that is greater than the sum of its parts.

To make collaboration easier, we launched a new low-barrier collaboration fund for our partners, designed to spark new relationships and accelerate promising ideas without adding administrative burden. To date, the fund has supported six initiatives — from exploring the launch of a new CDFI to enabling data sharing among leading industry organizations. The through-line is a simple premise: remove friction and let partners explore what’s possible.

collage of images from event

Our second annual grantee convening in November took place in Detroit, Michigan — and it embodied that same spirit of connection. More than 50 representatives from over 25+ partner organizations gathered to reflect on the crosscurrents shaping their work, compare notes on what they’re hearing from small businesses and peers, and identify shifts needed to strengthen resilience in 2026. We also organized workshops on topics such as strategic foresight, which helped our partners envision what the small business sector might look like in ten years so they could start preparing for that new reality now.

The conversations were candid, pragmatic, and rooted in the real experiences of entrepreneurs — exactly what this moment calls for.

Bringing a clearer voice to the field

The insights we gathered from more than 30 ecosystem leaders early in the year surfaced six key shifts our network sees as essential for long-term entrepreneurial success. We carried those insights forward through a focused push that engaged both public and private audiences, including coverage in American Banker and Impact Alpha.

drawing of places and maps

The response has been encouraging. Partners across the country are using the insights to inform planning, refine strategies, and align their teams. We’ll carry momentum into 2026 by sharing new examples of what’s working — especially from organizations that have navigated this year’s volatility with resilience.

Looking ahead

Change — and being nimble enough to adapt to that change — will remain a defining feature of the small business environment in 2026. Technology, capital flows, and regional economic conditions are all shifting at different speeds, and partners will continue to face both pressure and possibility.

What we know for certain is that small business support organizations do their best work when they have strong foundations and strong networks. That is where we will continue to focus our energy.

As we enter 2026, we do so with:

  • A more connected and resilient partner community.
  • A clearer view of where entrepreneurs need stability most.
  • A growing set of tools and learnings that can help the field move forward with confidence.

Through every shift, one commitment remains constant: ensuring that small businesses in every community can build stability, seize opportunity, and grow on their own terms.

We are grateful for the work our partners do every day — and ready for what comes next, together.

Continue reading here.

Follow along Mastercard’s journey to connect and power an inclusive, digital economy that benefits everyone, everywhere.

Originally published on newsroom.marykay.com

At Baylor Scott & White Health, a groundbreaking initiative is underway aiming to revolutionize early detection and intervention strategies for better breast cancer survivorship and beyond. Led by Oncology Chief Dr. Ronan Kelly, the Texas Cancer Interception Institute (TCII) is transforming the fight against cancer by bringing together multiple advances in early detection under a single, coordinated effort – accelerating progress and impact.

Closely aligned with TCII is the TRIM-EBC Trial (Tirzepatide weight loss in patients with MRD and Early Breast Cancer), supported by a generous grant from the Mary Kay Ash Foundation®. Through this innovative study, led by Celebrating Women Endowed Chair in Breast Cancer Research, Joyce O’Shaughnessy, MD, who is investigating whether weight loss achieved with Zepbound® (tirzepatide) can reduce the risk of breast cancer recurrence by lowering or eliminating circulating tumor DNA (ctDNA).

The TRIM-EBC Trial has the potential to reduce the risk of breast cancer recurrence in patients who meet body mass index (BMI) criteria for overweight or obesity. Through its support of both TCII and the TRIM-EBC Trial, the Mary Kay Ash Foundation® is helping advance this critical work and is recognized as a Founding Member of TCII. This distinction reflects the Foundation’s early leadership as part of an exclusive group of visionary supporters dedicated to shaping the future of cancer interception and accelerating the development of innovative prevention strategies. Together, TCII and the TRIM-EBC Trial strongly align with the Mary Kay Ash Foundation’s mission to invest in breakthrough research aimed at finding cures for cancers affecting women.

In recognition of its steadfast, decades-long commitment to women’s health, the Mary Kay Ash Foundation® was honored with the prestigious Circle of Care Award at the 2025 Celebrating Women Luncheon, hosted by the Baylor Scott & White Dallas Foundation. The award celebrates those who have made a profound impact in shaping the future of breast cancer care through advocacy, philanthropy, and innovation.

The luncheon also honored Dr. Joyce O’Shaughnessy, MD, one of the nation’s leading breast oncologists, for four decades of her tireless and life-saving work to further breast cancer research, patient care, and survivorship.

Q&A with Dr. Joyce O’Shaughnessy

We sat down with Dr. O’Shaughnessy to hear her perspective on the future of breast cancer research and how her contributions over four decades have helped shape treatment and patient care for thousands facing a cancer diagnosis. Read her thoughts on the past, present, and future of breast cancer research.

Q: How would you describe the cancer research community and how do members support one another to advance the field? 

Dr. O’Shaughnessy: It really is a remarkably tight-knit community. The people who dedicate their careers not only to patient care but also to advancing therapies and improving outcomes truly know one another. There is an extraordinary level of global collaboration. We design trials together, we share ideas, and when someone has a difficult case, they can reach out to colleagues around the world. It’s one of the most rewarding parts of this work—we genuinely like each other, we’re rowing in the same direction, and we’re united by the same goal.

Q: Why is interdisciplinary and global collaboration more critical in breast cancer research today?

Dr. O’Shaughnessy: As we identify more molecular subtypes and biomarkers, patient populations are becoming smaller and more specific. You simply cannot answer important questions without collaboration. No single center can do it alone. Global partnerships allow us to test hypotheses, design feasible trials, and address unmet needs. This molecular revolution is still at the beginning, and collaboration is absolutely essential for it to succeed.

Q: How would you describe the evolution of women in oncology since starting your career? 

Dr. O’Shaughnessy: When I started more than 35 years ago, there were no senior women faculty at my institution – none. The opportunities just weren’t there. That has changed dramatically. Once women began moving into leadership roles and succeeding, it created a snowball effect. Seeing women in those positions makes others realize it’s possible.

That visibility is critical – not just for women in general, but also for minority women. You need to see someone like yourself doing the job to believe you can do it too.

Q: What role has mentorship played in your career?

Dr. O’Shaughnessy: Mentorship has been absolutely essential. I would not be where I am without mentors who opened doors for me. Leadership opportunities don’t happen in a vacuum – you need people who believe in you and are willing to support you. That combination of role models and mentors is what truly makes progress possible.

Q: How do you see patient advocacy shaping breast cancer research and care in the U.S.?

Dr. O’Shaughnessy: Patient advocacy has been transformative. Early advocates were insistent that things had to change – communication, shared decision-making, funding, and transparency. Because of that advocacy, breast cancer research funding in the U.S. increased dramatically.

More recently, patients with metastatic breast cancer have driven change around drug dosing. They pointed out that many therapies were being dosed too high, based on outdated models. That advocacy directly led to the FDA’s OPTIMUS initiative, which now requires dose-optimization studies before approval. That’s an extraordinary example of patients improving science.

Q: Are patient advocates now formally involved in research?

Dr. O’Shaughnessy: Yes, and that’s an incredibly positive development. Patient advocates are now often required participants on steering committees and institutional review boards, especially when patient-reported outcomes are involved. Survivors bring perspectives that investigators alone simply cannot provide, and it makes trials more meaningful and relevant.

Q: You’ve expressed concern about the decline of investigator-initiated academic research. Why is this an issue?

Dr. O’Shaughnessy: Most ideas used to come from investigators. Over time, that has shifted heavily toward pharma-sponsored research. While industry trials are important, they do not answer many critical questions – such as optimal combinations, duration of therapy, or which patients truly benefit.

Pharma often provides the drugs, which is helpful, but funding for the trials themselves is frequently inadequate. Investigator-initiated research is essential, and without sufficient funding – often philanthropic – we risk losing that innovation. That is why I am so grateful to organizations like the Mary Kay Ash Foundation® that believe in research and have so generously contributed to this life-saving and revolutionary work!

Q: What other barriers make academic research difficult today?

Dr. O’Shaughnessy: The regulatory and administrative burden has become enormous. Writing protocols, securing budgets, negotiating contracts – it takes years. For young investigators, a five-year timeline can be discouraging. We need to streamline these processes so academic research can move faster and remain viable.

Q: How do you personally cope with the emotional challenges of treating patients when options are limited?

Dr. O’Shaughnessy: It gets harder over time – it is cumulative. The way I cope is by staying proactive. Clinical research is our most powerful problem-solving tool. Even when we don’t have answers, we can work to understand why a treatment failed, identify resistance mechanisms, and get patients to the best possible trials.

Being proactive – scientifically and clinically – helps counter the sense of helplessness that can otherwise take over.

Q: Why have you chosen to focus your research on triple-negative breast cancer?

Dr. O’Shaughnessy: Primary resistance in triple-negative breast cancer is one of the most difficult biological questions we face. Some patients simply do not respond to therapy, and we don’t fully understand why. My focus is on serial biopsies, pilot trials, and novel therapeutics to address that gap.

This work is entirely supported by philanthropic funding. As a busy clinician, I simply don’t have the time required to pursue large federal grants, so philanthropy has been essential.

Q: What are the most important recent advances in triple-negative breast cancer?

Dr. O’Shaughnessy: The addition of immunotherapy to chemotherapy in the curative setting has been a major breakthrough. Pembrolizumab is now approved, and others are being studied. We’ve seen a substantial improvement in cure rates.

Equally important are pre-operative trial designs. They allow us to get answers much faster by assessing response at surgery rather than waiting years for recurrence data.

Q: What gives you the most hope for the future?

Dr. O’Shaughnessy: We are sitting on a mountain of new agents and new strategies. One of the most exciting areas is blood-based tumor DNA testing. Detecting circulating tumor DNA after treatment can identify patients at very high risk of recurrence and allow us to intervene earlier.

This approach could revolutionize how we design trials and eventually how we practice medicine. We’re just at the beginning, but the potential is enormous.

Q: What would you say to young investigators entering the field today?

Dr. O’Shaughnessy: Stay tuned. The next few decades are going to be extraordinary. When I started, opportunities were limited and research was confined to large academic centers. Today, collaboration, technology, and innovation are accelerating rapidly. It’s going to be an incredible journey, and young investigators will be right at the center of it.

Did You Know:

  • Guided by Mary Kay Ash’s dream to enrich the lives of women everywhere, the Mary Kay Ash Foundation® raises and distributes funds to invest in cancer research to find cures for cancers affecting women and ending domestic violence against women. Over the past two decades, the Mary Kay Ash Foundation® has generously contributed more than $1.3 million to cancer research programs at Baylor Scott & White.

Learn more about the Mary Kay Ash Foundation® and its ongoing commitment to finding cures for cancers affecting women here.

***

About Mary Kay Ash Foundation® 

Guided by Mary Kay Ash’s dream to enrich the lives of women everywhere, the Mary Kay Ash Foundation® raises and distributes funds to end domestic violence and invest in breakthrough cancer research to find cures for women-related cancers. Since 1996, the Mary Kay Ash Foundation® has contributed more than $98 million to organizations aligned with its two-fold mission. In addition, the Foundation supports awareness initiatives, community outreach programs, and advocates for legislation to ensure women are healthy and safe. Together, we can make the world better for women. To learn more about how to educate, advocate, volunteer, donate, and join life-saving work to support and empower women, visit marykayashfoundation.org, or find us on Facebook and Instagram.

About Baylor Scott & White Dallas Foundation

Baylor Scott & White Dallas Foundation raises money to advance the Mission of Baylor Scott & White Health: Founded as a Christian ministry of healing, Baylor Scott & White Health promotes the well-being of all individuals, families, and communities. At Baylor Scott & White Dallas Foundation, philanthropy is the catalyst for change – advancing innovation, expanding access to compassionate care, and empowering more people to live well. Together, we are shaping the future of healthcare in North Texas.

# # #

Report features differentiated nutrition education program and showcases rigorous product standards that advance human health, animal welfare and regenerative agricultural practices

LAKEWOOD, Colo., Feb. 4, 2026 /PRNewswire/ — Natural Grocers®, the nation’s largest family-operated organic and natural grocery retailer, is proud to announce the release of its Fiscal Year 2025 Sustainability Report. This year marks seven decades of the company’s unwavering commitment to building a healthier, more sustainable future for its customers, its good4uSM Crew and the communities it serves.

Natural Grocers® marks 70 years of industry leadership with the release of its Fiscal Year 2025 Sustainability Report.

The company’s 2025 report features Natural Grocers’ differentiated nutrition education program and highlights its elevated product standards. The report also includes several vendor profiles and showcases the company’s partnerships that demonstrate support and collaboration towards ecological sustainability.

“For seventy years, our family has believed that nutrition is the foundation of good health,” said Kemper Isely, co-president of Natural Grocers. “Our 2025 Sustainability Report reflects our ongoing investment in nutrition education, rigorous product standards and partnerships that strengthen communities and support environmental stewardship.”

KEY HIGHLIGHTS 
The 2025 Report reflects Natural Grocers’ value-driven approach to supporting customers, Crew and communities. While the report covers several pillars — including product standards, regenerative agriculture, operational sustainability, and community support — this year’s emphasis is on the company’s dedication to providing nutrition education, a founding principle since 1955 and a continued point of distinction in the grocery industry.

  • Nutrition Education: Natural Grocers continues to empower wellness nationwide through its differentiated, evidence‑based nutrition education program. The company’s in-store Nutritional Health Coaches offer free one‑on‑one coaching, nutrition education classes, recipe demos and personalized shopping support for customers and Crew. In fiscal year 2025, the company invested more than $7 million in nutrition education services, underscoring its decades‑long belief that accessible, research‑backed nutrition guidance can meaningfully support individual and community well‑being. Additionally, Natural Grocers’ Nutrition Education program earned recognition with the Sustainability in the Food Industry Award from The Shelby Report.
  • Product Standards: Natural Grocers maintains some of the strictest product standards in the industry, including longstanding prohibitions on synthetic colors and problematic ingredients.
  • Support for Regenerative Agriculture: The company continues to prioritize vendors and farming partners committed to soil health, biodiversity and ecological stewardship.
  • Commitment to Sustainability: Operational decisions across stores, facilities and supply chain remain grounded in sustainable practices.
  • Community and Crew Support: Natural Grocers upholds its founding commitment to community well‑being and Crew development through education, benefits and local engagement.

LOOKING AHEAD
As Natural Grocers celebrates over seventy years of serving communities, its commitment to a healthier, more sustainable future is stronger than ever. The company’s continued growth and industry leadership show that a sustainable, affordable food system is both possible and essential. With every step forward, Natural Grocers remains dedicated to supporting the well-being of its customers, Crew and the planet for generations to come.

ABOUT NATURAL GROCERS BY VITAMIN COTTAGE
Founded in 1955, Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. The grocery products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial flavors, preservatives or sweeteners (as defined by its standards), synthetic colors or partially hydrogenated or hydrogenated oils. The Company sells only USDA-certified organic produce and exclusively pasture-raised, non-confinement dairy products and free-range eggs. Natural Grocers’ flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean and convenient retail environment. The Company also provides extensive free science-based Nutrition Education programs to help customers and Crew make informed health and nutrition choices. Natural Grocers is committed to its Five Founding Principles—including its “Commitment to Community” and “Commitment to Crew.” In fiscal year 2025, the Company invested more than $16 million in incremental compensation and discretionary payments for Crew. Headquartered in Lakewood, CO, Natural Grocers has 168 stores in 21 states. Visit naturalgrocers.com for more information and store locations.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/natural-grocers-releases-fiscal-year-2025-sustainability-report-celebrating-70-years-of-industry-leadership-302677080.html

SOURCE Natural Grocers by Vitamin Cottage, Inc.

Report features differentiated nutrition education program and showcases rigorous product standards that advance human health, animal welfare and regenerative agricultural practices

LAKEWOOD, Colo., Feb. 4, 2026 /PRNewswire/ — Natural Grocers®, the nation’s largest family-operated organic and natural grocery retailer, is proud to announce the release of its Fiscal Year 2025 Sustainability Report. This year marks seven decades of the company’s unwavering commitment to building a healthier, more sustainable future for its customers, its good4uSM Crew and the communities it serves.

Natural Grocers® marks 70 years of industry leadership with the release of its Fiscal Year 2025 Sustainability Report.

The company’s 2025 report features Natural Grocers’ differentiated nutrition education program and highlights its elevated product standards. The report also includes several vendor profiles and showcases the company’s partnerships that demonstrate support and collaboration towards ecological sustainability.

“For seventy years, our family has believed that nutrition is the foundation of good health,” said Kemper Isely, co-president of Natural Grocers. “Our 2025 Sustainability Report reflects our ongoing investment in nutrition education, rigorous product standards and partnerships that strengthen communities and support environmental stewardship.”

KEY HIGHLIGHTS 
The 2025 Report reflects Natural Grocers’ value-driven approach to supporting customers, Crew and communities. While the report covers several pillars — including product standards, regenerative agriculture, operational sustainability, and community support — this year’s emphasis is on the company’s dedication to providing nutrition education, a founding principle since 1955 and a continued point of distinction in the grocery industry.

  • Nutrition Education: Natural Grocers continues to empower wellness nationwide through its differentiated, evidence‑based nutrition education program. The company’s in-store Nutritional Health Coaches offer free one‑on‑one coaching, nutrition education classes, recipe demos and personalized shopping support for customers and Crew. In fiscal year 2025, the company invested more than $7 million in nutrition education services, underscoring its decades‑long belief that accessible, research‑backed nutrition guidance can meaningfully support individual and community well‑being. Additionally, Natural Grocers’ Nutrition Education program earned recognition with the Sustainability in the Food Industry Award from The Shelby Report.
  • Product Standards: Natural Grocers maintains some of the strictest product standards in the industry, including longstanding prohibitions on synthetic colors and problematic ingredients.
  • Support for Regenerative Agriculture: The company continues to prioritize vendors and farming partners committed to soil health, biodiversity and ecological stewardship.
  • Commitment to Sustainability: Operational decisions across stores, facilities and supply chain remain grounded in sustainable practices.
  • Community and Crew Support: Natural Grocers upholds its founding commitment to community well‑being and Crew development through education, benefits and local engagement.

LOOKING AHEAD
As Natural Grocers celebrates over seventy years of serving communities, its commitment to a healthier, more sustainable future is stronger than ever. The company’s continued growth and industry leadership show that a sustainable, affordable food system is both possible and essential. With every step forward, Natural Grocers remains dedicated to supporting the well-being of its customers, Crew and the planet for generations to come.

ABOUT NATURAL GROCERS BY VITAMIN COTTAGE
Founded in 1955, Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. The grocery products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial flavors, preservatives or sweeteners (as defined by its standards), synthetic colors or partially hydrogenated or hydrogenated oils. The Company sells only USDA-certified organic produce and exclusively pasture-raised, non-confinement dairy products and free-range eggs. Natural Grocers’ flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean and convenient retail environment. The Company also provides extensive free science-based Nutrition Education programs to help customers and Crew make informed health and nutrition choices. Natural Grocers is committed to its Five Founding Principles—including its “Commitment to Community” and “Commitment to Crew.” In fiscal year 2025, the Company invested more than $16 million in incremental compensation and discretionary payments for Crew. Headquartered in Lakewood, CO, Natural Grocers has 168 stores in 21 states. Visit naturalgrocers.com for more information and store locations.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/natural-grocers-releases-fiscal-year-2025-sustainability-report-celebrating-70-years-of-industry-leadership-302677080.html

SOURCE Natural Grocers by Vitamin Cottage, Inc.

DUBAI, UAE, Feb. 4, 2026 /PRNewswire/ — GameChange Solar, a leading global supplier of solar tracker and fixed-tilt racking technology, announced that it has won an order to supply its Genius Tracker™ 1P system for the 1,290 MWp Bisha Solar PV Independent Power Plant in Saudi Arabia. The project is being developed by ACWA Power, with L&T appointed as the EPC partner.

The Bisha project is part of Saudi Arabia’s expanding renewable energy pipeline under the PIF programme, where meeting delivery timelines requires strong regional supply capability. GameChange Solar’s expanded manufacturing presence in Saudi Arabia, with 6 GW of annual capacity, strengthens the company’s ability to support large-scale projects with dependable regional supply.

Located in the Asir Province, the plant will deploy GameChange Solar’s advanced Genius Tracker™ 1P platform featuring SmartStow™, PowerBoost™ and WeatherSmart™ systems. These features ensure reliable performance in Saudi Arabia’s harsh climate, characterized by high wind speeds, unpredictable wind directions, hurricanes, and extreme heat.

“Bisha demands reliability, and that is what our platform is built to deliver. The experience we have across a wide range of projects, the consistency of our manufacturing and the operating results we’ve achieved globally form the foundation of our work here. Our focus is to support the Kingdom with technology that performs in real conditions,” said Vikas Bansal, CEO – International, GameChange Solar. “With this project, our collaboration with L&T crosses 2 GW. It is a significant milestone for us and reflects a working relationship built on clarity, accountability and long-term commitment. L&T is an important partner for us, and we value the trust they place in our team and our technology.”

“At L&T, our suppliers are integral to our value chain and project success. The inclusion of Gamechange Solar reflects our confidence in their capabilities and sustainable business practices. We look forward to a collaborative partnership that strengthens execution excellence and delivers superior value to our clients,” said Mr. A Ravindran, Senior Vice President & Head – Renewable IC, Larsen &Toubro Limited.

About GameChange Solar

GameChange Solar is one of the top three global providers of solar tracker solutions used in utility-scale and ground-mounted distributed generation solar projects around the world. We have delivered over 53 GW of solar tracker and fixed tilt systems that combine fast installation, bankable quality, and unbeatable value through superior engineering, innovative design, and high-volume manufacturing. Our products enable solar panels at power plants to follow the sun’s movement across the sky and optimize plant performance while protecting the array from damaging weather conditions.

For more information about GameChange Solar and its solar tracking solutions, visit www.gamechangesolar.com.

Media Contact
Nisha Wadhwani
Lead – Marketing, GameChange Solar
nisha.wadhwani@gamechangesolar.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gamechange-solar-selected-to-supply-trackers-for-1-290-mwp-bisha-solar-pv-plant-in-saudi-arabia-302678867.html

SOURCE GameChange Solar

STORA ENSO OYJ FINANCIAL STATEMENTS RELEASE 4 February 2026 at 8:30 EET

HELSINKI, Feb. 4, 2026 /PRNewswire/ —

Q4/2025 (year-on-year)

  • Sales decreased by 3% to EUR 2,254 (2,322) million, mainly due to lower board and pulp prices, partly offset by the impact from acquisition of Junnikkala and the consumer board line ramp-up at the Oulu site.
  • Adjusted EBIT decreased by 17% to EUR 100 (121) million, driven by lower pulp prices and adverse currency effects, as well as the ramp-up of the new line in Oulu, which impacted the Q4 result negatively by EUR 31 million. The adjusted EBIT margin decreased to 4.5% (5.2%).
  • Operating result (IFRS) was EUR 476 (-279) million, including items affecting comparability of EUR -90 (-768) million, and fair valuations and other non-operational items of EUR 466 (368) million mainly driven by an increase in the fair value of biological assets in Sweden and Finland.
  • Earnings per share were EUR 0.46 (-0.43) and earnings per share excl. fair valuations (FV) were EUR -0.03 (-0.81).
  • The fair value of the forest assets was EUR 8.5 (8.9) billion, equivalent to EUR 10.75 per share, reflecting the impact of the divestment of 12.4% of forest assets in Sweden.
  • Cash flow from operations amounted to EUR 337 (325) million, positively impacted by improvement in working capital.
  • The net debt to adjusted EBITDA (LTM) ratio improved to 2.8 (3.0).
  • Adjusted ROCE excluding the Forest segment (LTM) was 2.7% (3.6%).

Year 2025 (year-on-year)

  • Sales were EUR 9,326 (9,049) million.
  • Adjusted EBIT was EUR 528 (598) million.
  • Operating result (IFRS) was EUR 942 (93) million.
  • Earnings per share (EPS) were EUR 0.88 (-0.17) and EPS excl. fair valuations (FV) was EUR 0.41 (-0.56).
  • Cash flow from operations amounted to EUR 897 (1,187) million. Cash flow after investing activities was EUR 122 (74) million.

Proposed dividend

The Board of Directors will propose a dividend of EUR 0.25 (EUR 0.25) per share at the Annual General Meeting on 24 March 2026. The Board of Directors proposes that the dividend be paid in two instalments, during the second and fourth quarter of 2026.

Key highlights

  • Stora Enso is preparing for the separation of its Swedish forest assets business into a new publicly listed company, expected to be completed during the first half of 2027.
  • Stora Enso initiated a strategic review of its Central European sawmills and building solutions operations. Different scenarios will be assessed, including the possibility to divest the business, to strengthen Stora Enso’s strategic focus on renewable materials and packaging.
  • The ramp-up of the consumer board line at the Oulu site in Finland continues, and the production volumes are gradually increasing. The line is expected to reach full capacity during 2027.
  • Stora Enso has been recognised for its continued leadership in corporate transparency and climate action, earning a place on the 2025 CDP Climate Change `A List’.
  • Stora Enso will change its financial targets and reporting structure starting from 2026, as presented in the Capital Markets Day in November.

Outlook Q1/2026

  • Markets remain challenging, with low consumer confidence. Geopolitical volatility results in decreased predictability.
  • Packaging and pulp market demand is expected to remain stable at low levels.
  • The ramp-up of the new production line in Oulu continues. The EBIT headwind is expected to gradually decrease as we improve the technical performance of the production line. In Q1, we expect a negative impact of EUR 15-30 million on adjusted EBIT.
  • The divestment of 175,000 hectares of forest assets in Sweden, completed in 2025, will result in a reduction of annual adjusted EBIT of approximately EUR 20 million, with an estimated quarterly effect of approximately EUR 5 million.
  • In the first quarter there will be less planned maintenance activities compared to the fourth quarter of 2025. See the section Maintenance for more details.
  • The operating income from emission rights in 2025 was about EUR 72 million, distributed evenly throughout the year. For 2026, the income from the sale of emission rights is projected to decrease to EUR 10-20 million. This decline results from changes in the EU ETS (Emissions Trading Scheme) rules: several sites will lose their free CO₂ allowance allocations from 2026 onward, as their emissions are now more than 95% biogenic, demonstrating the success of long-term emission-reduction initiatives.
  • In the first quarter of 2026 we will introduce a revised reporting structure, as presented in the Capital Markets Day (CMD) in November 2025. The packaging business areas will be consolidated into Consumer Packaging and Integrated Packaging segments. In addition, we will report Biomaterials and Other.

Focus for 2026

  • During 2026 we will execute on the new strategic priorities introduced at the CMD in November 2025:
  • Lead in customer value creation through innovation, quality and sustainability
  • Grow faster than market with superior customer offering, leading technology and operational efficiency
  • Expand margin through business focus, a positive performance culture and systematic value creation
  • Generate cash with high conversion ratio and disciplined capital allocation
  • Furthermore, we will continue to prepare for the separation of the Swedish forest assets business into a new publicly listed company, expected to be completed during the first half of 2027.
  • We will also continue with the strategic review of Central European sawmills and building solutions operations. Different scenarios will be assessed, including the possibility to divest the business, to strengthen Stora Enso’s strategic focus on renewable materials and packaging.
  • Finally, we will continue with the ramp-up of the consumer board line at the Oulu site in Finland. The line is expected to reach full capacity during 2027.

Key figures

EUR million

Q4/25

Q4/24

Change %

Q4/25-Q4/24

Q3/25

2025

2024

Sales

2,254

2,322

-2.9 %

2,283

9,326

9,049

Adjusted EBITDA

255

285

-10.7 %

291

1,144

1,223

Adjusted EBIT

100

121

-16.7 %

126

528

598

Adjusted EBIT margin

4.5 %

5.2 %

5.5 %

5.7 %

6.6 %

Operating result (IFRS)

476

-279

270.6 %

231

942

93

Result before tax (IFRS)

430

-353

221.7 %

202

783

-118

Net result for the period (IFRS)

363

-379

195.9 %

201

686

-183

Forest assets¹

8,478

8,894

-4.7 %

8,277

8,478

8,894

Adjusted return on capital employed (ROCE), LTM²

3.8 %

4.3 %

3.9 %

3.8 %

4.3 %

Adjusted ROCE excl. Forest segment, LTM²

2.7 %

3.6 %

2.8 %

2.7 %

3.6 %

Earnings per share (EPS) excl. FV, EUR

-0.03

-0.81

96.8 %

0.26

0.41

-0.56

EPS (basic), EUR

0.46

-0.43

206.1 %

0.25

0.88

-0.17

Net debt to LTM² adjusted EBITDA ratio

2.8

3.0

2.7

2.8

3.0

Average number of employees (FTE)

18,631

18,731

-0.5 %

19,409

18,877

19,233

1 Total forest assets value, including leased land and Stora Enso’s share of forest assets in associated companies

2 LTM=Last 12 months 

 

Stora Enso’s President and CEO Hans Sohlström comments on the results:
2025 was a pivotal year for Stora Enso, marked by decisive actions to sharpen our strategic focus and unlock long-term value for our stakeholders. In the fourth quarter, we reached a significant milestone by completing the strategic review of our Swedish forest assets.

We are separating our Swedish forest assets to unlock value creating two champions with distinctive business dynamics and return profiles: A globally leading renewable materials company with sharpened focus on packaging, and Europe’s largest listed pure-play forest company. 

Also, we initiated a strategic review of our Central European sawmills and building solutions operations to further sharpen our business focus reflecting our commitment to active portfolio management and ensuring that all our operations are aligned with our long-term value creation goals. 

During the quarter, we also hosted a successful Capital Markets Day (CMD), where we introduced new financial targets, strategic priorities, and a clear roadmap for the coming years. 

Our strategy positions us as a global leader in renewable materials, with an increasing focus on packaging. We are committed to cost efficiency, profitable growth, expanding margins through systematic profit improvement actions, and generating strong cash flow with disciplined capital allocation. 

We also introduced a new reporting structure where packaging business areas will be regrouped into Consumer Packaging and Integrated Packaging, alongside Biomaterials and Other. The new reporting segments will be applicable starting in the first quarter of 2026.

Despite a challenging macroeconomic and market environment, Stora Enso delivered resilient results. Group sales for the year were EUR 9.3 billion, with adjusted EBIT of EUR 528 million. Underlying performance improved across all business areas except Biomaterials, which was impacted by lower pulp prices. The ramp-up of the new line at Oulu had an adverse impact on the results. Our net debt to adjusted EBITDA ratio improved to 2.8, reflecting the positive impact of the Swedish forest asset divestment of approximately 175,000 hectares of forest land in Sweden, at a value of EUR 900 million, and our ongoing focus on cash flow and cost competitiveness. 

Operationally, we progressed in ramping up the new consumer board line at Oulu, which is central to our strategic focus on renewable packaging. While the ramp-up weighed on profitability in the short term, we remain confident in the long-term value and industry-leading quality this investment will deliver. The acquisition of Junnikkala Oy further strengthened our wood supply chain and supports the competitiveness of our Oulu site.

Our ongoing cost and efficiency actions, combined with a leaner and more business-focused organisational structure with six P&L responsible business areas including the new business area Wood and Energy, and 23 P&L responsible business units, have positioned us well to navigate continued market volatility. 

For the second consecutive year, Stora Enso has been included on CDP’s Climate Change `A List’, highlighting our strong transparency and performance in climate action. This recognition affirms our dedication to sustainable growth through emission reduction, renewable material innovation, and advancing the circular bioeconomy.

Additionally, in partnership with the International Union for Conservation of Nature (IUCN), we completed a pioneering project that offers the forest sector a science-based framework for achieving net-positive biodiversity impact. This collaboration helps forestry operations focus on the most effective actions to reduce species extinction risk while maintaining long-term economic value.

By the end of 2025, we cut Scope 1 and 2 emissions by 61% and Scope 3 emissions by 38% from 2019 levels, surpassing our 2030 target. Additionally, 94% of our products are technically recyclable, and we maintain 99% forest certification coverage. 

As we enter 2026, we expect market conditions to remain subdued and volatile, shaped by ongoing macroeconomic and geopolitical uncertainty. We will continue to execute our strategy and drive proactive, systematic, and determined work across the whole Group.

Our strategic priorities, as set forth in our CMD, are clear: We want to lead in customer value creation, grow our business, expand margins, and generate strong cash flow over the cycle. We will achieve this through our continued actions in sourcing, operational efficiency, commercial excellence, working capital, and fixed costs, while maintaining a disciplined approach to capital allocation.

Customer centricity is now at the forefront of our strategy, driving us to pursue innovation, quality, and sustainability across all aspects of our operations. By delivering superior customer offering and leveraging advanced technologies, we are dedicated to setting new industry standards for excellence. 

The demerger and listing of our Swedish forest assets will be a key focus, as will the ongoing strategic review of our Central European wood products business and ramping up the new production line in Oulu, Finland.

At the core of everything we do is people – our customers, employees, shareholders and partners. I want to thank you all for the dedication and resilience during this transformative year. Together, we are building a stronger, more focused, and more sustainable Stora Enso.

Webcast for analysts, investors, and media 
Stora Enso’s President and CEO Hans Sohlström and CFO Niclas Rosenlew will present the results in a webcast today starting at 11:00 am EET (10:00 CET, 9:00 BST, 4:00 EDT). The live the webcast can be accessed using the following link: https://stora-enso-oyj-results-for-full-year-and-q4-2025.open-exchange.net/

During the webcast presentation, analysts and investors will also have the possibility to ask questions. To participate in the teleconference, please choose the “Teleconference” option on the homepage of the webcast.

Recording of the webcast will be available shortly after the event at the same address and at storaenso.com/en/investors/interim-report.

Media representatives who wish to ask questions after the publication of the report may contact Hanna Rutanen, SVP Communications at Stora Enso on +358 41 507 1361

This release is a summary of Stora Enso’s Financial Statements Release 2025. The complete report is attached to this release as a pdf file, and it is also available on the company website at storaenso.com/en/investors/interim-report.

Media enquiries:
Hanna Rutanen
SVP Communications
tel. +358 41 507 1361

Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061

Stora Enso is a global leader in renewable materials with a strong focus on packaging. Our purpose is to replace non-renewable materials with renewable solutions. Together with our customers, we design and deliver competitive, high-quality packaging materials and solutions, made from fresh and recycled fibers, accelerating the transition to a circular bioeconomy. Stora Enso has approximately 19,000 employees and our sales in 2025 were EUR 9.3 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA on OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

Media enquiries:
Hanna Rutanen
SVP Communications
tel. +358 41 507 1361

Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061

This information was brought to you by Cision http://news.cision.com

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SOURCE Stora Enso Oyj

A new international pathway connecting Miami and Italy through innovative higher education

MIAMI, Feb. 3, 2026 /PRNewswire/ — Doral College and UNINETTUNO International Telematic University announced the launch of their Italy–USA Dual Degree Program, an international academic partnership that expands global learning opportunities for students in the United States and Europe.

The Dual Degree Program allows students to earn two accredited bachelor’s degrees—one awarded in the United States and one in Italy—through an integrated academic pathway. The collaboration brings together Doral College’s Bachelor of Business Administration and UNINETTUNO’s Bachelor in Economics and Business Management, aligned through a formal Learning Agreement between the institutions.

Through a clearly defined credit-transfer framework that bridges U.S. credits and the European ECTS system, students complete coursework across both institutions using advanced online learning platforms. Doral College students may pursue the Italian degree by completing approved coursework through UNINETTUNO’s digital university environment, while UNINETTUNO students may earn the U.S. credential through Doral College’s online campus based in Florida.

The launch of this Dual Degree Program reflects Doral College’s vision for higher education without borders,” said Judith Marty, President of Doral College. “By collaborating with UNINETTUNO, we are offering our students an exceptional opportunity to earn an internationally recognized second degree, expand their global perspective, and gain the skills needed to succeed in a competitive, interconnected world.”

“The launch of this Dual Degree program with Doral College represents a significant step in strengthening academic cooperation between Italy and the United States, offering students new opportunities for international education and professional development,” said Prof. Maria Amata Garito, Rector of UNINETTUNO University. “This agreement marks a concrete move toward an open and inclusive university model, capable of overcoming geographical boundaries and promoting the right to education through innovative tools recognized at an international level.”

Founded in Miami, Doral College is a private, accredited institution committed to academic excellence, accessibility, and workforce-aligned education. Known for its strong focus on business, leadership, and innovation, Doral College serves a diverse student population and emphasizes flexible learning models designed to prepare graduates for today’s global economy. The Dual Degree Program reflects the college’s continued investment in international partnerships that enhance academic value and student opportunity.

Founded in Italy Università Telematica Internazionale UNINETTUNO is an internationally recognized Italian online university founded to promote global access to higher education. It combines academic excellence with advanced digital learning technologies and multilingual teaching platforms. UNINETTUNO offers degree programs in economics, engineering, communication, and international studies, with a strong international orientation. Its mission is to democratize access to quality higher education through technology and international cooperation.

The official details of the program were presented on February 2nd at the Italian Cultural Institute, located in Coral Gables, FL, with the presence of Nicola Paravati, Director of International Relations at UniNettuno; Judith Marty, President of Doral College; and Antonio Roca, Académica Director. Details of this partnership will be available on the websites of both universities: https://doral.edu/dualdegree and https://www.uninettunouniversity.net/en/double-degree-program-italia-usa.aspx. Each website will serve as the central information hub for students and families, featuring program details, admissions requirements, academic structure, credit recognition policies, enrollment steps, and ongoing program updates.

About Doral College

Founded in 2011, Doral College (DC) is an accredited postsecondary institution offering flexible, fully online degree programs. Established with a mission to expand access to higher education through innovation and flexibility, the College focused on expanding high-quality dual enrollment opportunities for secondary schools with a demonstrated need for advanced academic programs. Today, Doral College is one of the largest providers of dual enrollment in the state of Florida, graduating hundreds of high school seniors each year with Associate in Arts degrees.

In addition to its leadership in dual enrollment, Doral College offers innovative undergraduate and graduate programs in education and business, including several Florida state-approved pathways for aspiring teachers and educational leaders. The College also serves a robust non-degree-seeking population, supporting educators through certification and endorsement coursework. Its student population numbers over 8,000 learners across the globe with diverse backgrounds and goals.

Doral College is accredited by the Distance Education Accrediting Commission (DEAC), which is recognized by the U.S. Department of Education and the Council for Higher Education Accreditation (CHEA). The College is licensed by the Florida Commission for Independent Education (CIE) and the Nevada Commission on Postsecondary Education (CPE), approved to participate in the National Council for State Authorization Reciprocity Agreements (NC-SARA), and authorized by the U.S. Department of Education to offer Title IV federal financial aid. www.doral.edu

About Università Telematica Internazionale UNINETTUNO

Originally founded in 1992 as the Consortium NETTUNO – Network per l’Università Ovunque, Università Telematica Internazionale UNINETTUNO is an independent, not-for-profit university officially established in 2005 by decree of the Italian Ministry of Education.

The International Telematic University UNINETTUNO has quickly become a leader in online higher education in Europe and worldwide, with the purpose of democratizing access to university education through the use of new technologies. For more than 30 years, UNINETTUNO has supported traditional universities, institutions, countries, professors, young students, and professionals in embracing the digitalization of knowledge, fostering the development of a new digital, flexible, and technology-enhanced concept of university education.

Based in Rome, Italy, UNINETTUNO offers a comprehensive range of academic programs in multiple languages, including Bachelor’s and Master’s degrees, PhD and Doctorate programs, individual courses, and professional training and re-training programs. With students from over 160 countries, UNINETTUNO University is distinguished by its fully online learning model, developed over three decades of applied research on innovative distance-learning methodologies carried out by the Rector, Prof. Maria Amata Garito, and her research team.

Today, UNINETTUNO University offers unparalleled flexibility to learners around the globe. Its state-of-the-art learning platform features interactive tools, multimedia content, virtual laboratories, 3D and collaborative spaces, ensuring an engaging and enriching educational experience. Students benefit from personalized support from dedicated tutors and have access to a vast international network of academic partnerships, reinforcing the University’s commitment to providing a world-class education. www.uninettunouniversity.net

Contact:
NEW CONCEPT PR
Fabiola Malka – (786)285-7783 – fabiola@newconceptpr.com

DORAL COLLEGE
Adri Lima – Communications – (305)878-9993 – adri@academica.org 

UNINETTUNO
Silvia Romana Mazzucco – Communications – +39 335 8197400 – silviaromana.mazzucco@gmail.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/doral-college-and-uninettuno-international-telematic-university-announce-italyusa-dual-degree-program-302678433.html

SOURCE Doral College and Uninettuno

A new international pathway connecting Miami and Italy through innovative higher education

MIAMI, Feb. 3, 2026 /PRNewswire/ — Doral College and UNINETTUNO International Telematic University announced the launch of their Italy–USA Dual Degree Program, an international academic partnership that expands global learning opportunities for students in the United States and Europe.

The Dual Degree Program allows students to earn two accredited bachelor’s degrees—one awarded in the United States and one in Italy—through an integrated academic pathway. The collaboration brings together Doral College’s Bachelor of Business Administration and UNINETTUNO’s Bachelor in Economics and Business Management, aligned through a formal Learning Agreement between the institutions.

Through a clearly defined credit-transfer framework that bridges U.S. credits and the European ECTS system, students complete coursework across both institutions using advanced online learning platforms. Doral College students may pursue the Italian degree by completing approved coursework through UNINETTUNO’s digital university environment, while UNINETTUNO students may earn the U.S. credential through Doral College’s online campus based in Florida.

The launch of this Dual Degree Program reflects Doral College’s vision for higher education without borders,” said Judith Marty, President of Doral College. “By collaborating with UNINETTUNO, we are offering our students an exceptional opportunity to earn an internationally recognized second degree, expand their global perspective, and gain the skills needed to succeed in a competitive, interconnected world.”

“The launch of this Dual Degree program with Doral College represents a significant step in strengthening academic cooperation between Italy and the United States, offering students new opportunities for international education and professional development,” said Prof. Maria Amata Garito, Rector of UNINETTUNO University. “This agreement marks a concrete move toward an open and inclusive university model, capable of overcoming geographical boundaries and promoting the right to education through innovative tools recognized at an international level.”

Founded in Miami, Doral College is a private, accredited institution committed to academic excellence, accessibility, and workforce-aligned education. Known for its strong focus on business, leadership, and innovation, Doral College serves a diverse student population and emphasizes flexible learning models designed to prepare graduates for today’s global economy. The Dual Degree Program reflects the college’s continued investment in international partnerships that enhance academic value and student opportunity.

Founded in Italy Università Telematica Internazionale UNINETTUNO is an internationally recognized Italian online university founded to promote global access to higher education. It combines academic excellence with advanced digital learning technologies and multilingual teaching platforms. UNINETTUNO offers degree programs in economics, engineering, communication, and international studies, with a strong international orientation. Its mission is to democratize access to quality higher education through technology and international cooperation.

The official details of the program were presented on February 2nd at the Italian Cultural Institute, located in Coral Gables, FL, with the presence of Nicola Paravati, Director of International Relations at UniNettuno; Judith Marty, President of Doral College; and Antonio Roca, Académica Director. Details of this partnership will be available on the websites of both universities: https://doral.edu/dualdegree and https://www.uninettunouniversity.net/en/double-degree-program-italia-usa.aspx. Each website will serve as the central information hub for students and families, featuring program details, admissions requirements, academic structure, credit recognition policies, enrollment steps, and ongoing program updates.

About Doral College

Founded in 2011, Doral College (DC) is an accredited postsecondary institution offering flexible, fully online degree programs. Established with a mission to expand access to higher education through innovation and flexibility, the College focused on expanding high-quality dual enrollment opportunities for secondary schools with a demonstrated need for advanced academic programs. Today, Doral College is one of the largest providers of dual enrollment in the state of Florida, graduating hundreds of high school seniors each year with Associate in Arts degrees.

In addition to its leadership in dual enrollment, Doral College offers innovative undergraduate and graduate programs in education and business, including several Florida state-approved pathways for aspiring teachers and educational leaders. The College also serves a robust non-degree-seeking population, supporting educators through certification and endorsement coursework. Its student population numbers over 8,000 learners across the globe with diverse backgrounds and goals.

Doral College is accredited by the Distance Education Accrediting Commission (DEAC), which is recognized by the U.S. Department of Education and the Council for Higher Education Accreditation (CHEA). The College is licensed by the Florida Commission for Independent Education (CIE) and the Nevada Commission on Postsecondary Education (CPE), approved to participate in the National Council for State Authorization Reciprocity Agreements (NC-SARA), and authorized by the U.S. Department of Education to offer Title IV federal financial aid. www.doral.edu

About Università Telematica Internazionale UNINETTUNO

Originally founded in 1992 as the Consortium NETTUNO – Network per l’Università Ovunque, Università Telematica Internazionale UNINETTUNO is an independent, not-for-profit university officially established in 2005 by decree of the Italian Ministry of Education.

The International Telematic University UNINETTUNO has quickly become a leader in online higher education in Europe and worldwide, with the purpose of democratizing access to university education through the use of new technologies. For more than 30 years, UNINETTUNO has supported traditional universities, institutions, countries, professors, young students, and professionals in embracing the digitalization of knowledge, fostering the development of a new digital, flexible, and technology-enhanced concept of university education.

Based in Rome, Italy, UNINETTUNO offers a comprehensive range of academic programs in multiple languages, including Bachelor’s and Master’s degrees, PhD and Doctorate programs, individual courses, and professional training and re-training programs. With students from over 160 countries, UNINETTUNO University is distinguished by its fully online learning model, developed over three decades of applied research on innovative distance-learning methodologies carried out by the Rector, Prof. Maria Amata Garito, and her research team.

Today, UNINETTUNO University offers unparalleled flexibility to learners around the globe. Its state-of-the-art learning platform features interactive tools, multimedia content, virtual laboratories, 3D and collaborative spaces, ensuring an engaging and enriching educational experience. Students benefit from personalized support from dedicated tutors and have access to a vast international network of academic partnerships, reinforcing the University’s commitment to providing a world-class education. www.uninettunouniversity.net

Contact:
NEW CONCEPT PR
Fabiola Malka – (786)285-7783 – fabiola@newconceptpr.com

DORAL COLLEGE
Adri Lima – Communications – (305)878-9993 – adri@academica.org 

UNINETTUNO
Silvia Romana Mazzucco – Communications – +39 335 8197400 – silviaromana.mazzucco@gmail.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/doral-college-and-uninettuno-international-telematic-university-announce-italyusa-dual-degree-program-302678433.html

SOURCE Doral College and Uninettuno

MILAN, Feb. 3, 2026 /PRNewswire/ — With the world’s attention turning to the upcoming Milano Cortina 2026 Olympic Winter Games, The Church of Jesus Christ of Latter-day Saints on Tuesday announced its support for the 2034 Utah Olympic and Paralympic Winter Games during a media event at the headquarters of the Milan Foreign Press Association. The commitment includes a financial contribution, venue support, land use, and thousands of volunteers as Salt Lake City prepares to welcome the world once again.

The announcement came as global attention turns toward northern Italy ahead of the 2026 Milano Cortina Olympic Winter Games, which begin February 6.

During the event, Bishop Sean Douglas, Second Counselor in the Church’s Presiding Bishopric, read a statement outlining a broad commitment to support the success of the 2034 Games. These include a significant financial donation, access to Church-owned real estate known in Salt Lake City as Block 85 for use as an official Olympic venue, and the use of additional land for parking adjacent to proposed Olympic sites.

Bishop Douglas also noted that members of the Church will be encouraged to serve as volunteers, consistent with the Church’s long-standing emphasis on service, hospitality and strengthening families.

“While this contribution of cash and real estate is important,” said Bishop Douglas, “beyond price are the hearts and extraordinary commitment of our member volunteers who make this contribution truly complete and unique.”

The Church’s involvement continues a long history of meaningful engagement with the Games. In the lead-up to the 2002 Olympic and Paralympic Winter Games in Salt Lake City, the Church provided financial support, venue facilities and thousands of volunteers. The partnership announced for 2034 builds on that legacy of service and collaboration.

Fraser Bullock, executive chair and president of Utah 2034, expressed gratitude for the Church’s contributions, noting that partnerships from community organizations such as the Church are a key reason Utah is well positioned to host another successful Games.

“The Church of Jesus Christ of Latter-day Saints is an integral part of Utah’s heritage and was a vital supporter of the 2002 Winter Games,” Bullock said. “Our new relationship fortifies the partnership we shared in 2002. It also extends a worldwide reach from the Church that carries a global message of unity and service to others — very much in line with Olympic and Paralympic ideals.”

Bullock also referenced the example of 2002, when Utah delivered a widely praised Olympic experience marked by unity, volunteerism and cultural celebration.

“Utah’s capital of Salt Lake City will be the heart of the Games,” said Bullock of the conspicuous downtown venue. “Imagine now how thousands will congregate nightly at the Medals Plaza and thrill to the high-flying acrobatics with the addition of big air.”

Continued Commitment to Welcoming the World

In a statement issued in 2024 when Salt Lake City was named the 2034 host city, the First Presidency said the Church “[stands] ready to support the 2034 Olympic Games in welcoming athletes, volunteers and visitors from around the world” and is committed to helping Salt Lake City embody “values of service, cooperation and mutual respect.”

Tuesday’s announcement in Milan reaffirmed that readiness.

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SOURCE The Church of Jesus Christ of Latter-day Saints

MEXICO CITY, Feb. 3, 2026 /PRNewswire/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, declared today a cash distribution of Ps. 1,060.3 million (US$61.5 million), or Ps. 0.6462 per Certificado Bursátil Fiduciario Inmobiliario (“CBFI”) (US$0.0375 per CBFI) and a distribution in kind of 27,350,000 CBFIs, equivalent to Ps. 2,097.6 million (US$121.7 million) considering the average CBFI price for the last 60 days of trading. In this regard, it is specified that the cash amount to be distributed corresponds to 30% of the Income Tax (ISR) of the total distribution. For this reason, the custodians must use these resources to meet the withholding tax as appropriate to the tax regime of each Holder, and make the entire payment to the corresponding tax authorities.

The distribution is payable February 16, 2026, to CBFI holders.

Ex-dividend date of February 13, 2026.

Record date of February 13, 2026.

Legal Basis

Concept

Generated

Payment Date

Total Amount (Ps$)

Number of CBFIs

Ps$/CBFI

Article 187, section VI, ISR Law

Fiscal Result Distributed in cash

Dec-25

16-Feb-26

$      1,060,319,275.74

1,640,854,396

$                   0.6462

Fiscal Result Distributed in Certificates

Dec-25

16-Feb-26

$      2,097,612,808.33

1,640,854,396

$                   1.2784

Total Distributed Fiscal Result
(subject to withholding as applicable)

$      3,157,932,084.07

1,640,854,396

$                   1.9246

Article 188, section IX, ISR Law

Capital reimbursement

Dec-25

16-Feb-26

$                                 –

$                             –

Total amount distributed
(Fiscal Result + Capital Reimbursement)

$      3,157,932,084.07

1,640,854,396

$                   1.9246

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of September 30, 2025, the company’s portfolio comprised 515 Investment Properties, totaling 87.0 million square feet (8.1 million square meters). This includes 348 logistics and manufacturing facilities across 6 industrial core markets in Mexico, comprising 65.7 million square feet (6.1 million square meters) of Gross Leasing Area (GLA) and 167 buildings with 21.3 million square feet (2.0 million square meters) of non-strategic assets in other markets.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, expected distributions, and our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, trade relations, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to global pandemics, and (x) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

(PRNewsfoto/FIBRA Prologis)

 

 

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SOURCE FIBRA Prologis

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