Month: September 2026

Transaction in Own Shares

September 22, 2026

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 22 September 2026 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of Purchase	Number of Shares purchased	Highest price paid	Lowest price paid	Volume weighted average price paid per share	Venue	Currency
22/09/2026	900,000	£ 35.2300	£ 34.4500	£ 34.8883	LSE	GBP
22/09/2026	150,000	£ 35.1650	£ 34.4600	£ 34.8434	Chi-X (CXE)	GBP
22/09/2026	–	–	–	–	BATS (BXE)	GBP
22/09/2026	500,000	€ 41.1550	€ 40.2250	€ 40.7185	XAMS	EUR
22/09/2026	–	–	–	–	CBOE DXE	EUR
22/09/2026	–	–	–	–	TQEX	EUR

These share purchases form part of the on- and off-market limbs of the Company’s existing share buy-back programme previously announced on 30 July 2026.

In respect of this programme, Goldman Sachs International will make trading decisions in relation to the securities independently of the Company for a period from 30 July 2026 up to and including 23 October 2026.

The on-market limb will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020)  through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.

In accordance with EU MAR and UK MAR, a breakdown of the individual trades made by Goldman Sachs International on behalf of the Company as a part of the buy-back programme is detailed below.

Enquiries:

Media International: +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html

Attachment

• 20260922_Shell RNS – full version

New solution enhances multi-channel candidate sourcing, recruiting workflow automation, candidate matching support, and hiring expertise to help businesses hire faster while maintaining decision-making authority 

• Paychex launches AI-agent platform built for front-line workers to help customers hire more quickly and effectively
• Solution is available as both a standalone offering and integrated within Paychex’s HCM platforms
• WISE Hire is accessible through WISE, the company’s AI engine spanning embedded intelligence, personal assistants, and AI agents

ROCHESTER, N.Y., Sept. 23, 2026 (GLOBE NEWSWIRE) — Paychex (Nasdaq: PAYX), a leading provider of expert-enabled HR, payroll, and benefits, today introduced WISE Hire, an AI-native recruiting solution that helps businesses find and hire qualified talent 4x faster on average. Available standalone or integrated within Paychex’s HCM platforms, WISE Hire combines AI agents for digital candidate sourcing, recruiting, and hiring coaching. The result is an automated experience that maintains strong governance, human-in-the-loop oversight, and customer control of hiring decisions.

Paychex research consistently shows attracting and recruiting talent is one of the most significant challenges a business faces – and business leaders spend more than one-third of their time on administrative hiring tasks.

“Offering solutions that help our customers solve some of their most pressing challenges, such as recruiting and hiring, is core to our product strategy,” said Ryan Bergstrom, Chief Product and Technology Officer at Paychex. “WISE Hire expands on our existing capabilities, empowering businesses to fill positions faster by automating routine hiring tasks while keeping people at the center of every hiring decision.”

Expanding WISE with Embedded AI Recruiting Automation and Expertise
WISE Hire will help businesses fill vacancies quickly and effectively by embedding recruiting workflow automation, candidate matching support, and hiring expertise in WISE, Paychex’s AI engine across its HCM platforms — SurePayroll, Paychex Flex^®, and Paycor^®. Whether used integrated or standalone, the AI-powered technology is designed to automate routine workflows such as sourcing, screening, coordination, and scheduling, while a patented candidate-matching technology and network of hiring coaches pairs automation with human expertise.

Broad Candidate Reach, Smarter Recruiting Workflows, and Human-Led Hiring Decisions
WISE Hire can also access industry-leading worker acquisition channels such as Google for Jobs, Meta’s local jobs marketplace, and ChatGPT to enhance candidate sourcing. Employers retain responsibility for evaluating candidates and making hiring decisions, with human oversight incorporated throughout the recruiting workflow. WISE Hire will help new and existing customers attract, screen, and engage candidates more efficiently and effectively, while maintaining human oversight and decision-making authority.

Advancing the Future of Hiring Through Intelligent Workforce Technology
While WISE Hire is integrated across Paychex’s HCM platforms, the solution is also available standalone. The latest demonstration of the company’s ongoing commitment to delivering innovative, AI-driven solutions to help customers solve workforce challenges and achieve better business outcomes. Combining WISE intelligence with AI-powered hiring capabilities, Paychex is making it easier for businesses of all sizes to find, hire, and retain the right talent faster.

To learn more about WISE Hire, along with Paychex’s full suite of expert-enabled technology and advisory solutions, visit the Paychex booth (#4227) at the HR Technology Conference & Expo at Mandalay Bay in Las Vegas, Oct. 20-22, 2026.

About Paychex
Paychex, Inc. (Nasdaq: PAYX) provides a comprehensive suite of expert-enabled technology and advisory solutions that help businesses manage HR, payroll, and benefits. Serving approximately 840,000 customers and paying 1 in 11 U.S. private sector workers, Paychex combines scale, trusted expertise, and innovation to help businesses succeed. Built on more than 50 years of workforce experience and one of the industry’s largest proprietary HR datasets, Paychex’s WISE agentic AI engine embeds intelligence directly into workflows to improve productivity, enhance decision-making, and deliver better outcomes. Learn more at paychex.com.

Media Contact
Tracy Volkmann
Manager, Public Relations
Paychex, Inc.
(585) 657-7336
tvolkmann@paychex.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/805fb418-499b-4ce9-bffa-42d4f10dad14

Viasat selected to provide integrated, multi-network services as part of an end-to-end solution to address USMC mission performance and resiliency requirements

CARLSBAD, Calif., Sept. 23, 2026 (GLOBE NEWSWIRE) — Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications (SATCOM), today announced it was awarded, through its subsidiary Inmarsat Government, Inc., the Marine Enterprise Commercial Satcom Satellite Services (MECS2) contract from the U.S. Space Force Commercial Satellite Communications Office (CSCO). Viasat has received an initial $42 million task order award under what is a seven-year, up to $307 million ceiling Indefinite Delivery/Indefinite Quantity (IDIQ) contract through which Viasat will provide fully managed, end-to-end global satellite services for the United States Marine Corps (USMC).

The award builds on Viasat’s history of providing managed SATCOM services to the USMC, as well as continued access to a global, resilient terrestrial network for secure data transport. Viasat’s government SATCOM team, under the company’s Communication Services segment, will deliver global satellite connectivity services across L-, Ku, and Ka-bands through flexible terminal solutions and satellites across orbits from Viasat and its ecosystem partners. These services are designed to support USMC communications and mission requirements with reliable and secure connectivity for multi-domain operations across land, air and sea.

As part of its commitment to delivering a fully integrated solution, Viasat has teamed with multiple providers to enable resilient, high-capacity and multi-orbit connectivity with a cost-effective structure that can scale to support a wide range of mission applications. This service will provide access to Viasat’s integrated global Ka-band network, which includes the next-generation ViaSat-3 satellites for ultra-high-capacity and the flexibility to quickly direct capacity to high-concentration activity hotspots.

“We’re extremely proud the Marine Corps has selected Viasat to continue as its trusted partner for enterprise, multi-orbit SATCOM services,” said Victor Farah, Senior Vice President of Government Solutions and Services. “Our team is committed to delivering an information advantage through flexible, high-performance and secure connectivity that will support the communications demands of rapidly evolving and expeditionary operations.”

Viasat will provide secure data custody from the edge back to the Marine Corps Enterprise Network via Viasat’s worldwide terrestrial network. The fully managed Viasat service will also include 24x7x365 Network Operations Center (NOC) and Security Operations Center (SOC) support to provide the USMC with bandwidth management, terminal inventory management, network performance monitoring and cybersecurity services.

“In the modern warfare environment, there is a critical need to maintain information dominance across the battlespace. We are excited to continue supporting this objective by providing a comprehensive enterprise solution that leverages Viasat’s expertise and ecosystem to meet current USMC technology needs, as well as the ability to scale with new, integrated technologies and platform capabilities for the future,” said Qasim Rana, Vice President of Market Entry for Government.

Visit the Viasat website for more information on the flexible SATCOM services for multi-domain operations.

About Viasat 
Viasat is a global technology company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people’s lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube. 

Copyright © 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Viasat, Inc. Contacts
Dan Bleier, Public Relations, Corporate and Government, +1 (202) 383-5074, daniel.bleier@viasat.com
Lisa Curran/Pete Lopez, Investor Relations, +1 (760) 476-2633, IR@viasat.com

Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements about the receipt of awards under the IDIQ contract; the services, features, benefits and performance of Viasat’s fully managed, enterprise satellite communication services for U.S. Marine Corps; the coverage, flexibility and capacity of ViaSat-3 satellites; and the effect of adverse regulatory changes. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; the integration of third-party provider services; contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and increased competition and other factors affecting the defense sector generally. In addition, please refer to the risk factors contained in Viasat’s SEC filings available at www.sec.gov, including Viasat’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.

The September run processed approximately 758 kilograms of polymer, with consistent product quality and a return to target operating conditions approximately two hours sooner than the comparable prior run. NGP operating data continue to be used as part of Early Works engineering for the FOAK Program at Chemelot.

LONDON, Ontario, Sept. 23, 2026 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (TSX: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21^st century, today provided an update on continued progress in the operating campaign program at its Next Generation Process (“NGP”) Pilot Plant.

Highlights

• Repeatability across successive campaigns: Multiple NGP campaigns conducted through July, August, and September have demonstrated progressive improvement in NGP process control and operation, while maintaining consistent process and product performance across different feed compositions and operating parameters.
• Mixed-polyolefin performance: During the September campaign, condensable hydrocarbon yield was 88.8% with 100% polypropylene (“PP”), 90.8% with an 80:20 PP/polyethylene (“PE”) blend, and 89.2% with a 50:50 PP/PE blend. Condensable hydrocarbon yield represents the recovered liquid and waxy hydrocarbon product and excludes non-condensed hydrocarbon gases. Results were consistent with the objectives of the campaign.
• Latest campaign: The September campaign ran for 75 hours and processed approximately 758 kilograms of polymer across three controlled polyolefin feed compositions.
• Consistent product quality and improving process control: Product-quality indicators remained consistent with prior campaign results, and the system returned to target operating conditions approximately two hours sooner than in the comparable prior run following changes in process conditions.
• Iterative engineering: Operating findings are being used to refine equipment, instrumentation, controls, and operating procedures, with modifications implemented between campaigns and evaluated in subsequent runs.
• Direct FOAK integration: NGP operating data continue to be used as part of Early Works engineering and procurement activities for the First-of-a-Kind (“FOAK”) Program at Chemelot.
• Next stage: The NGP program is expected to progress to longer campaigns using waste-plastic materials supplied by prospective FOAK feedstock partners, including feedstocks with broader compositional characteristics increasingly representative of those being evaluated for the FOAK Plant.

The latest September campaign extended this work over a longer operating period, progressing from the established PP operating reference to progressively higher PE content while maintaining product-quality indicators consistent with prior campaign results. Condensable hydrocarbon yield was 88.8% on 100% PP, 90.8% on the 80:20 PP/PE blend, and 89.2% on the 50:50 PP/PE blend.

Changes in PP/PE feed composition require timely adjustments to operating parameters. Successive campaigns are defining these relationships while demonstrating the ability to continue operation, maintain process control, and restore target operating conditions as feed composition changes. In the latest campaign, the system returned to target conditions approximately two hours sooner than in the comparable prior run, providing a measurable indication of continued improvement in process control and operating procedures.

Controlled PP/PE blends allow Aduro to isolate how changes in feed composition affect process conditions and system response before progressing to more complex waste-plastic feedstocks relevant to chemical recycling in Europe. Future testing is expected to extend across the broader PP/PE composition range, including an 80:20 PE/PP blend.

The NGP Pilot Plant integrates industrial equipment and process controls at pilot scale. Between campaigns, Aduro reviews operating and analytical data, evaluates equipment and instrumentation performance, and implements engineering and operating improvements identified through testing. Subsequent campaigns are then used to evaluate those changes under operating conditions. This iterative approach allows operating constraints to be identified and addressed at pilot scale while continuing to evaluate Hydrochemolytic™ Technology (“HCT”) reactor chemistry, product performance, and integrated system operation, building practical knowledge relevant to the design and operation of the FOAK Plant.

In parallel, Saipem S.p.A. (“Saipem”) is advancing Early Works engineering and procurement activities for Aduro’s FOAK Program at Chemelot. The scope includes review of the Process Design Package, optimization of critical equipment packages, preliminary utility integration, and refinement of capital cost estimates. Saipem is already receiving operating data generated through the NGP Pilot Plant, providing a direct path for Pilot Plant observations and validated improvements to inform the engineering basis for the FOAK Plant.

“Successive NGP campaigns are strengthening our understanding of both the chemistry and the operation of the integrated system,” said Ofer Vicus, Chief Executive Officer at Aduro. “As feed composition changes, our Operations team continues to develop a deeper understanding of how to adjust process conditions and return the system to target operating conditions while maintaining consistent product performance. The progress we are seeing reflects their work in building practical operating knowledge around a pilot-scale system that integrates industrial equipment and process controls. With Saipem already receiving NGP operating data, those learnings are directly informing development of the engineering basis for the FOAK Plant.”

The next stage of the NGP program is expected to include longer campaigns using more complex waste-plastic materials, including prospective FOAK feedstocks and selected materials arising through Aduro’s Customer Engagement Program. This progression moves testing beyond controlled PP/PE blends and broadens the operating dataset across feedstocks relevant to both FOAK development and future application testing.

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic™ technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

For further information, please contact:

Abe Dyck, Head of Corporate Development / Investor Relations
ir@adurocleantech.com
+1 226 784 8889

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable Canadian and United States securities laws.

Forward-looking statements include, but are not limited to, statements concerning continued operation and progression of campaigns at the NGP Pilot Plant; planned longer-duration operating campaigns; evaluation of additional PP/PE feed compositions and waste-plastic materials; evaluation of waste-plastic materials supplied by prospective feedstock partners for the FOAK project; potential evaluation of materials arising through the Company’s Customer Engagement Program; interpretation and use of Pilot Plant operating, condensable hydrocarbon yield, product-quality, and process-control data; the ability to reproduce and extend operating results across different feedstocks and process conditions; implementation and evaluation of engineering and operating improvements identified through Pilot Plant testing; incorporation of NGP operating data into the engineering basis for the planned FOAK Plant; development, design, engineering, financing, procurement, construction, commissioning, and start-up of the FOAK Plant and broader FOAK Facility at Chemelot; the scope and progression of Early Works activities with Saipem; and the Company’s broader scale-up and commercialization pathway.

Forward-looking statements are based on management’s current expectations, estimates, assumptions, and projections, including assumptions relating to continued performance and availability of the NGP Pilot Plant; the ability to reproduce and extend operating results; the ability to conduct longer campaigns and evaluate additional feedstocks; the applicability of Pilot Plant data to larger-scale engineering and operation; successful completion and progression of Early Works activities with Saipem; the availability and suitability of feedstocks supplied by prospective partners; the availability of suitable personnel, partners, contractors, equipment, and capital; the ability to obtain required permits and regulatory approvals; and stable market, regulatory, and economic conditions.

Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied. These risks include operational challenges or delays in Pilot Plant campaigns; variability in feedstock composition, recovery, product quality, or process stability; the possibility that results observed in individual campaigns may not be reproduced under different conditions or at larger scale; challenges in translating Pilot Plant data into engineering design; delays, changes in scope, or cost increases affecting FOAK Plant engineering, financing, procurement, construction, commissioning, or start-up; the possibility that the Saipem engagement may not progress beyond the Early Works phase; inability to establish or maintain feedstock, commercial, technical, or development relationships; the possibility that testing programs may not produce results supporting further development; supply-chain constraints; competition; intellectual-property risks; availability and cost of capital; and other risks described in the Company’s public filings available on SEDAR+ at www.sedarplus.ca and on EDGAR through the U.S. Securities and Exchange Commission at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are made as of the date of this release, and the Company undertakes no obligation to update or revise them except as required by applicable law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/61267443-a33c-4376-8dc6-0be1478c40a6

HP TV+ adopts Magnite’s full-stack technology, including SpringServe ad serving, programmatic activation, and ClearLine Curation

NEW YORK, Sept. 23, 2026 (GLOBE NEWSWIRE) — Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced it is the primary video ad server and a programmatic technology provider for HP TV+, providing access to programmatic demand across HP TV+ banner and video inventory.

By tapping into Magnite’s omnichannel suite, HP TV+ can seamlessly connect advertisers with active PC audiences across trusted programming categories spanning movies, live sports, lifestyle, news, and specialized content. As part of HP Media Network, HP TV+ is HP’s native free ad-supported streaming TV (FAST) environment designed specifically for personal PCs. HP TV+ delivers a personal, 1:1 streaming experience that bridges entertainment and active online behavior allowing users to watch, research, shop, and act on a single screen.

Through ClearLine Curation, HP Media Network can make its consent-based audience intelligence more accessible for programmatic activation, giving buyers a streamlined way to reach audiences informed by real PC behavior. Buyers can activate nearly 100 off-the-shelf audience segments or define custom segments built from insights across 1,200 PC apps and 300+ consent-based usage attributes.

“PC-native streaming introduces a powerful dynamic where viewing, research, and action occur simultaneously on the exact same device,” said Chris Signore, Senior Vice President, Business Development at Magnite. “Streaming on a personal PC offers a highly connected environment where entertainment and everyday decision-making intersect. With 50% of FAST viewers consuming content on their PCs, we are excited to help HP build a more direct pathway for advertisers to engage active users across every stage of their digital journey.”

“Scaling HP Media Network and HP TV+ requires technology that can support the complexity of video advertising while giving advertisers more flexible ways to access our banner and video inventory,” said Chris Ryu, General Manager of HP Media Network. “Magnite brings together the ad serving and programmatic capabilities we need to support that growth, giving HP TV+ a more integrated foundation as we expand our streaming advertising business.”

About Magnite
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

Media Contact:
Charlstie Veith
cveith@magnite.com

Investor Contact:
Nick Kormeluk
nkormeluk@magnite.com

LONDON and NEW YORK, Sept. 23, 2026 (GLOBE NEWSWIRE) — MeiraGTx Holdings plc (NASDAQ: MGTX), a vertically integrated, clinical stage genetic medicines company, today announced the appointment of Alan M. Sebulsky to its Board of Directors.

Mr. Sebulsky is a veteran healthcare portfolio manager and biopharmaceutical investment analyst with more than 40 years of experience in public company investment, financial strategy, portfolio evaluation and growth, and board leadership. Mr. Sebulsky most recently served as Partner and Portfolio Manager at Adage Capital Management for the past 14 years, where he led a team overseeing a diversified biopharmaceutical portfolio with over $2 billion in assets. Prior to this, he founded Apothecary Capital, an asset management firm focused on investments across the healthcare and biopharmaceutical sectors. He reestablished Apothecary in April 2026 and currently serves as the Managing Member.

Mr. Sebulsky currently serves on the Board of Directors of Parabilis Medicines, Inc. and previously served on the Boards of Directors and Audit Committees for both Jazz Pharmaceuticals and Arrow International, two publicly traded healthcare companies, and on the boards of three private healthcare companies in which Apothecary Capital invested. In these roles, he worked closely with company leadership to advance portfolio, commercial and business strategy.

Mr. Sebulsky holds an M.S. in finance and a B.B.A. in finance and economics from the University of Wisconsin–Madison.

“We are delighted to welcome Alan to our Board of Directors,” said Alexandria Forbes, Ph.D., president and chief executive officer of MeiraGTx. “I have known Alan for 25 years and I have always had the highest respect for him both professionally and personally. His decades of investing in and working with biopharmaceutical companies brings a valuable perspective to the board which is particularly important as we continue to transform MeiraGTx into a commercial company.”

Keith Harris, Chairman of the Board of Directors of MeiraGTx, added, “I am pleased that Alan is joining our board. He brings an extensive wealth of knowledge of our sector and public company experience. We look forward to his invaluable assistance in helping the further growth of our Company.”

About MeiraGTx

MeiraGTx (Nasdaq: MGTX) is a vertically integrated, clinical-stage genetic medicines company with a broad pipeline with four late-stage clinical programs. Each of these programs use local delivery of small doses resulting in disease modifying effects in both inherited and more common diseases, in the eye, radiation-induced xerostomia, and Parkinson’s disease. MeiraGTx uses its innovative technology in optimization of capsids, promoters and novel translational control elements to develop best in class, potent, safe viral vectors. MeiraGTx’s broad pipeline is supported by end-to-end in-house manufacturing. MeiraGTx has built the most comprehensive manufacturing capabilities in the industry, including two that are licensed for GMP viral vector production and a GMP QC facility with clinical and commercial licensure. In addition, MeiraGTx has developed a proprietary manufacturing platform process over 10 years based on more than 20 different viral vectors with leading yield and quality aspects and commercial readiness. Uniquely, MeiraGTx has developed a novel technology for in vivo delivery of any biologic therapeutic using oral small molecules. This transformative riboswitch gene regulation technology allows precise, dose-responsive control of gene expression by oral small molecules. MeiraGTx is focusing the riboswitch platform on the regulated in vivo delivery of metabolic peptides, including GLP-1, GIP, Glucagon, Amylin, PYY and Leptin, as well as cell therapy, CAR-T for liquid and solid tumors and autoimmune diseases, and additionally PNS targets addressing long term intractable pain. MeiraGTx has developed the technology to apply genetic medicine to common diseases, increasing efficacy, addressing novel targets, and expanding access in some of the largest disease areas where the unmet need remains high.

For more information, please visit www.meiragtx.com.

Contacts

Investors:
MeiraGTx
Investors@meiragtx.com

or

Media:
Jordyn Temperato
LifeSci Communications
jtemperato@lifescicomms.com

GAITHERSBURG, Md., Sept. 23, 2026 (GLOBE NEWSWIRE) — Altimmune, Inc. (Nasdaq: ALT), a late clinical-stage biopharmaceutical company developing pemvidutide to address serious liver diseases, today announced that management will participate in a fireside chat at the Stifel 2026 Virtual Cardiometabolic Forum on Wednesday, September 30, 2026, at 10:30 a.m. ET.

A webcast of the fireside chat will be available via the Events section of the Altimmune website.

About Altimmune
Altimmune is a late clinical-stage biopharmaceutical company developing therapies for patients with serious liver diseases. The Company’s lead candidate, pemvidutide, is a unique dual-action investigational therapy targeting both glucagon and GLP-1 receptors in a balanced 1:1 ratio in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH), alcohol use disorder (AUD) and alcohol-associated liver disease (ALD). For more information, please visit www.altimmune.com.

Follow @Altimmune, Inc. on LinkedIn
Follow @AltimmuneInc on X

Investor Contact:
Luis Sanay, CFA
Vice President, Investor Relations
ir@altimmune.com

Media Contact:
Real Chemistry
altimmune@realchemistry.com

Three markets opened within the past 18 months accounted for 34.6% of total revenue; average system integration contract value doubled to $86,719

WUXI, China, Sept. 23, 2026 (GLOBE NEWSWIRE) — HUHUTECH International Group Inc. (Nasdaq: HUHU) (“HUHUTECH” or the “Company”), a system integration provider that designs and implements integrated facility management systems and industrial automation monitoring systems for the optoelectronic, semiconductor, telecom, and logistics industries, today reported financial results for the six months ended June 30, 2026. Total revenues increased 8.6% to $10.67 million from $9.82 million in the prior-year period. Operations in the United States, Germany, and Singapore, none of which generated revenue in the first half of 2025, contributed $3.69 million, or 34.6% of total revenue.

The period was the first full reporting half in which HUHUTECH recognized revenue from five countries. Revenue from the PRC grew 29.4% to $4.97 million. That growth, combined with the $3.69 million contributed by the three newest markets, offset a planned contraction in Japan, where revenue declined to $2.01 million from $5.98 million. The Company completed 104 system integration projects during the half, compared with 220 a year earlier, while the average contract price rose to $86,719 from $42,727, reflecting a shift toward fewer, substantially larger engagements.

Net loss for the half was $16.65 million, or $0.68 per basic and diluted share, compared with a net loss of $8.73 million, or $0.38 per share, a year earlier. Non-cash share-based compensation of $13.87 million and a $2.03 million provision for credit losses together accounted for $15.90 million of the reported loss. Excluding those two items, adjusted net loss was $0.75 million for the first half of 2026. See “Non-GAAP Financial Measure” below.

Yujun Xiao, Chief Executive Officer of HUHUTECH, commented:

“Eighteen months ago, every dollar of our revenue came from two countries. This half, five countries contributed, and our three newest markets delivered $3.69 million while still in their initial roll-out phase. We accepted a lower Japan revenue to fund that build-out, and we are now running larger contracts — the average system integration project we completed in the first half was roughly twice the size of a year ago. The expansion carries real cost, and it shows in our operating expenses. It also puts our engineering teams alongside customers in the regions where new semiconductor and optoelectronic capacity is actually being added.”

First Half 2026 Financial Highlights
(Six months ended June 30, 2026, compared with six months ended June 30, 2025)

• Total revenues of $10.67 million, up 8.6% from $9.82 million.
• Revenue from the United States, Germany, and Singapore was $3.69 million, compared with nil in the prior-year period.
• PRC revenue of $4.97 million, up 29.4% from $3.84 million.
• Product sales revenue of $1.65 million, up 294.4% from $0.42 million, and 15.4% of total revenue compared with 4.3%.
• Gross profit of $3.37 million, up 7.3% from $3.14 million. Gross margin of 31.6% compared with 32.0%.
• Average system integration contract price of $86,719, compared with $42,727.
• Net loss of $16.65 million, or $0.68 per basic and diluted share, compared with a net loss of $8.73 million, or $0.38 per share. The increase was driven principally by a $5.07 million increase in non-cash share-based compensation and a $2.00 million increase in provisions for credit losses.
• Adjusted net loss (non-GAAP) of $0.75 million, compared with adjusted net income of $0.10 million.
• Cash of $3.58 million and working capital of $4.20 million as of June 30, 2026.
• Gross proceeds of $3.0 million from a registered direct offering completed May 5, 2026.

Revenue
Total revenues were $10.67 million for the six months ended June 30, 2026, an increase of $0.85 million, or 8.6%, from $9.82 million in the prior-year period. Revenue from system integration projects was $9.02 million, a decrease of $0.38 million, or 4.1%, from $9.40 million, and represented 84.6% of total revenue compared with 95.7% a year earlier. The decline reflects the Company’s deliberate contraction of its Japanese operations, partially offset by initial project activity in the United States and Germany, where engagements remained in the early roll-out stage during the period.

Revenue from product sales was $1.65 million, an increase of $1.23 million, or 294.4%, from $0.42 million. The increase was driven by higher hardware content required within system integration engagements during the half.

Revenue by geography was as follows:

(US$)	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
PRC	4,967,410	3,838,722
Japan	2,005,202	5,978,750
United States	2,785,759	—
Germany	782,821	—
Singapore	124,074	—
Total revenues	10,665,266	9,817,472

Gross Profit and Gross Margin
Gross profit was $3.37 million, an increase of $0.23 million, or 7.3%, from $3.14 million. Gross margin was 31.6% compared with 32.0%. Gross profit from system integration projects was essentially unchanged at $3.09 million, with margin improving to 34.2% from 33.0% as the Company reduced its reliance on outsourced engineering. Gross profit from product sales increased to $0.28 million from $0.04 million, with a margin of 17.1% compared with 9.5%, reflecting the mix of hardware required by customers during the period.

Operating Expenses
Total operating expenses were $20.20 million, an increase of $8.45 million, or 71.9%, from $11.75 million.

General and administrative expenses were $19.44 million, an increase of $9.10 million, or 88.1%, from $10.33 million. The increase was attributable principally to a $5.07 million increase in non-cash share-based compensation, a $2.00 million increase in provisions for credit losses, and a $1.80 million increase in consulting and audit fees. On January 13, 2026, the Company issued 1,390,000 ordinary shares under its 2025 Equity Incentive Plan with a fair value of $13.87 million, based on a share price of $9.98 on the approval date. The comparable issuance in the prior-year period was 2,000,000 ordinary shares under the 2024 Equity Incentive Plan with a fair value of $8.80 million.

Selling expenses were $0.55 million, a decrease of $0.35 million, or 38.5%, from $0.90 million, driven primarily by a $0.4 million reduction in advertising expense.

Research and development expenses were $0.21 million, a decrease of $0.31 million, or 60.2%, from $0.52 million, and represented 1.9% of total revenue compared with 5.3%. The decrease was primarily due to reduced R&D headcount. The Company expects to allocate approximately 50% of its IPO proceeds to the construction of a 5,000-square-meter research and development plant in the Xinwu District of Wuxi City, Jiangsu Province, together with equipment for the production of gas supply systems.

Loss from Operations and Net Loss
Loss from operations was $16.83 million compared with $8.61 million. Total other expense, net, decreased to $4,411 from $55,459, principally reflecting a $50,000 reduction in foreign exchange losses and $30,000 of warehouse rental income, partially offset by a $23,000 increase in interest expense.
The Company recorded an income tax benefit of $180,361 compared with an income tax provision of $64,686 in the prior-year period. HUHU China renewed its “high-tech enterprise” tax status in December 2025; the certificate is valid for three years and expires in December 2028.

Net loss was $16.65 million, or $0.68 per basic and diluted share, compared with a net loss of $8.73 million, or $0.38 per share. Weighted average shares outstanding were 24,621,158 compared with 23,018,717.

Balance Sheet and Liquidity
As of June 30, 2026, the Company held cash of $3.58 million compared with $4.43 million as of December 31, 2025, and had working capital of $4.20 million. Total assets were $22.41 million and total shareholders’ equity was $7.48 million, compared with $22.36 million and $7.42 million, respectively, as of December 31, 2025. Accounts receivable, net, were $10.94 million compared with $9.25 million. Total bank loan balances were approximately $4.5 million, and the Company expects to renew the majority of these facilities.

Net cash used in operating activities was $3.36 million compared with $0.52 million in the prior-year period. Net cash used in investing activities was $0.06 million compared with $0.10 million. Net cash provided by financing activities was $2.26 million compared with net cash used of $0.04 million. It included $3.0 million of gross proceeds from the registered direct offering completed on May 5, 2026, consisting of 400,000 ordinary shares priced at $1.50 per share and pre-funded warrants to purchase up to 1,600,000 ordinary shares.

Subsequent to the end of the period, on August 18, 2026, the Company entered into a loan agreement with the Bank of Communications for $221,073 (RMB 1,500,000), maturing August 18, 2027, at a fixed annual interest rate of 2.20%.

Non-GAAP Financial Measure
In addition to results presented in accordance with U.S. GAAP, this release includes adjusted net loss, a non-GAAP financial measure defined as net loss excluding share-based compensation expense and provisions for credit losses. Management uses this measure to assess operating performance across periods without the effect of items that are non-cash or that do not reflect the current-period operating cost of delivering projects. Adjusted net loss should not be considered in isolation or as a substitute for net loss prepared in accordance with U.S. GAAP, and may not be comparable to similarly titled measures reported by other companies. A reconciliation to the most directly comparable GAAP measure is presented below.

(US$)	Six Months Ended June 30, 2026		Six Months Ended June 30, 2025
Net loss (GAAP)	(16,651,680	)	(8,731,241	)
Add: Share-based compensation	13,872,200		8,800,000
Add: Provision for credit losses	2,027,423		30,265
Adjusted net (loss) income (non-GAAP)	(752,057	)	99,024

About HUHUTECH International Group Inc.
HUHUTECH International Group Inc. (Nasdaq: HUHU) is a professional system integration provider that designs and implements integrated facility management systems and industrial automation monitoring systems for the optoelectronic, semiconductor, telecom, and logistics industries. Through its operating subsidiaries in the People’s Republic of China, Japan, the United States, Germany, and Singapore, the Company delivers customized fixed-price engagements spanning project planning, system coding, hardware installation and configuration, and also supplies related equipment. HUHU China holds a first-class construction enterprise qualification and maintains “high-tech enterprise” tax status in the PRC through December 2028. The Company is headquartered in Wuxi, Jiangsu Province, China. For more information, visit https://ir.huhutech.com.cn.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company’s expectations for its operations in the United States, Germany and Singapore; the anticipated contraction and future contribution of its Japanese operations; expected construction of a research and development plant in Wuxi and the use of IPO proceeds; anticipated renewal of bank facilities; the expected sufficiency of cash on hand and operating cash flows; and anticipated research and development spending. These statements are identified by words such as “expect,” “anticipate,” “believe,” “intend,” “plan,” “will,” and similar expressions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. These factors include, among others, the Company’s ability to secure and complete system integration contracts; customer concentration and the collectability of accounts receivable; competitive conditions in the optoelectronic, semiconductor, telecom and logistics end markets; the pace of customer adoption in newly entered geographies; the Company’s ability to obtain and renew bank financing; currency exchange fluctuations and PRC restrictions on the conversion and remittance of RMB; changes in PRC, Japanese, U.S., German and Singaporean law, taxation and trade policy; and the additional risks described under “Item 3.D. Risk Factors” in the Company’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission. Copies are available at www.sec.gov. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Company Contact
Email: ir@huhutech.com
Website: www.huhutech.com

Investor Relations Contact
Matthew Abenante, IRC
President
Strategic Investor Relations LLC
Phone: +1 (347) 947-2093
Email: matthew@strategic-ir.com
Web: www.strategic-ir.com

(Financial Tables Follow)

HUHUTECH INTERNATIONAL GROUP INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Expressed in U.S. dollars)
	As of June 30, 2026			As of December 31, 2025
ASSETS
CURRENT ASSETS:
Cash	$	3,577,685		$	4,428,602
Restricted cash		—			300,296
Short-term investment		55,961			—
Note receivable		—			86,149
Accounts receivable, net		10,935,867			9,249,042
Accounts receivable – a related party		75,862			516,290
Inventories		651,413			1,103,685
Advance to vendors		1,022,219			1,215,220
Prepayments and other assets, net		410,785			295,738
Due from related parties		—			2,292
TOTAL CURRENT ASSETS		16,729,792			17,197,314
Property, plant and equipment, net		3,996,244			4,277,525
Intangible assets, net		23,918			45,115
Deferred tax assets		1,094,343			684,847
Right-of-use assets, net		563,209			159,685
TOTAL ASSETS	$	22,407,506		$	22,364,486
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Short-term bank loans	$	2,577,707		$	3,359,025
Long-term bank loan – current		109,786			230,397
Loan payable from third party		500,000			500,000
Accounts payable		4,442,717			5,390,732
Due to a related party		403,317			—
Advance from customers		2,555,789			1,698,526
Accrued expenses and other liabilities		793,315			801,422
Taxes payable		1,167,758			884,694
Operating lease liabilities – current		205,792			142,076
TOTAL CURRENT LIABILITIES		12,756,181			13,006,872
Long-term bank loans		1,811,476			1,919,974
Operating lease liabilities – non-current		361,763			22,582
TOTAL LIABILITIES		14,929,420			14,949,428
SHAREHOLDERS’ EQUITY:
Ordinary shares, $0.0000025 par value; 26,785,848 and 24,103,749 shares issued and outstanding		66			60
Share to be issued		1			—
Additional paid-in capital		39,922,538			23,050,345
Statutory reserves		343,077			343,077
Accumulated deficit		(31,969,471	)		(15,317,791	)
Accumulated other comprehensive loss		(818,125	)		(660,633	)
TOTAL SHAREHOLDERS’ EQUITY		7,478,086			7,415,058
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	22,407,506		$	22,364,486

HUHUTECH INTERNATIONAL GROUP INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Expressed in U.S. dollars)
	Six Months Ended June 30, 2026			Six Months Ended June 30, 2025
Revenues – third parties	$	10,603,305		$	9,337,289
Revenues – related party		61,961			480,183
Total revenues		10,665,266			9,817,472
Cost of revenues – third parties		7,255,457			6,533,648
Cost of revenues – related party		41,722			144,628
Total cost of revenues		7,297,179			6,678,276
Gross profit		3,368,087			3,139,196
Operating expenses:
Selling expenses		553,441			899,367
General and administrative expenses		19,435,356			10,330,446
Research and development expenses		206,920			520,479
Total operating expenses		20,195,717			11,750,292
Loss from operations		(16,827,630	)		(8,611,096	)
Other income (expense):
Interest income		14,127			6,736
Interest expense		(87,511	)		(64,246	)
Other income, net		68,973			2,051
Total other expense, net		(4,411	)		(55,459	)
Loss before income taxes		(16,832,041	)		(8,666,555	)
(Benefit) provision for income taxes		(180,361	)		64,686
Net loss		(16,651,680	)		(8,731,241	)
Comprehensive loss:
Foreign currency translation adjustments		(157,492	)		347,485
Comprehensive loss	$	(16,809,172	)	$	(8,383,756	)
Loss per share – basic and diluted	$	(0.68	)	$	(0.38	)
Weighted average shares outstanding – basic and diluted		24,621,158			23,018,717

HUHUTECH INTERNATIONAL GROUP INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Expressed in U.S. dollars)
	Six Months Ended June 30, 2026			Six Months Ended June 30, 2025
Cash flows from operating activities:
Net loss	$	(16,651,680	)	$	(8,731,241	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization		143,137			169,951
Provision for credit losses		2,027,423			30,265
Deferred tax benefit		(394,377	)		(191,703	)
Amortization of operating lease right-of-use assets		106,613			73,034
Loss from disposal of property, plant and equipment		661			—
Share-based compensation		13,872,200			8,800,000
Fair value change in marketable securities		825			—
Changes in operating assets and liabilities:
Accounts receivable		(3,474,539	)		(1,375,962	)
Accounts receivable – related party		451,116			(938,394	)
Notes receivable		87,789			249,223
Inventories		476,977			211,917
Prepayments and other assets		(105,905	)		(98,286	)
Advance to vendors		227,615			(195,164	)
Accounts payable		(1,041,866	)		467,452
Accrued expenses and other liabilities		(27,048	)		645,080
Advance from customers		796,926			591,122
Taxes payable		254,819			(157,026	)
Operating lease liabilities		(107,383	)		(73,671	)
Net cash used in operating activities		(3,356,697	)		(523,403	)
Cash flows from investing activities:
Additions to property, plant, and equipment		—			(93,665	)
Additions to intangible assets		—			(5,236	)
Short-term investment		(56,155	)		—
Net cash used in investing activities		(56,155	)		(98,901	)
Cash flows from financing activities:
Advances from related parties		762,924			261,158
Loan (repayment to) proceeds from third-party		(500,000	)		500,000
Private placement		3,000,000			—
Repayments of bank acceptance notes payable		—			(550,559	)
Proceeds from short-term bank loans		1,748,659			5,403,440
Repayment of short-term bank loans		(2,622,989	)		(7,995,277	)
Proceeds from long-term bank loans		—			2,412,000
Repayment of long-term bank loans		(132,320	)		(74,088	)
Net cash provided by (used in) financing activities		2,256,274			(43,326	)
Effect of exchange rate changes on cash and restricted cash		5,365			378,523
Net decrease in cash and restricted cash		(1,151,213	)		(287,107	)
Cash and restricted cash at beginning of period		4,728,898			3,323,126
Cash and restricted cash at end of period	$	3,577,685		$	3,036,019

Company Intends to Use Proceeds to Acquire SOL

AUSTIN, TX, Sept. 23, 2026 (GLOBE NEWSWIRE) — Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasury company, today announced that it has entered into a securities purchase agreement with an institutional investor for the purchase and sale of 3,125,000 shares of the Company’s common stock at a price of $8.00 per share.

Aggregate gross proceeds are expected to be approximately $25 million, before fees and deducting placement agent fees and other estimated offering expenses. The offering is expected to close on or about September 24, 2026, subject to customary closing conditions. Forward intends to use the net proceeds to acquire additional SOL to grow the absolute size of its SOL treasury while the Company increases SOL per fully diluted share.

“This financing is designed to expand Forward’s SOL treasury while increasing SOL per share – the measure of growth that matters most to our shareholders. It strengthens our ability to extend our competitive lead, pursue opportunities from a position of financial strength, and build long-term shareholder value. Our focus remains on disciplined capital allocation and translating treasury growth into meaningful value for our shareholders,” said Ryan Navi, Chief Investment Officer of Forward Industries.

A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.

The shares are being offered pursuant to the Company’s effective shelf registration statement on Form S-3ASR (File No. 333-290312), which was declared effective by the Securities and Exchange Commission (“SEC”) on September 17, 2025. A prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Additionally, when available, electronic copies of the prospectus supplement and the accompanying prospectus may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com.

About Forward Industries, Inc.

Forward Industries, Inc. (NASDAQ: FWDI) is a Solana focused digital asset treasury company, with the strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL related digital assets, protocols and businesses. Forward’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to and investing in the Solana network, Solana developers and Solana related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, Forward launched a digital asset treasury strategy supported by industry leading investors and operating partners including Galaxy Digital and Jump Crypto. For more information on the Company’s Solana treasury strategy, visit www.forwardindustries.com.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. These forward-looking statements address various matters including statements relating to the anticipated use of proceeds from the offering, the expected closing date of the offering, the expected impact of the offering on SOL per share, the Company’s plan for value creation and strategic advantages, and market size and growth opportunities. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others: failure to realize the anticipated benefits of the digital asset treasury strategy; changes in business, market, financial, political, and regulatory conditions; risks relating to the Company’s operations and business, including the highly volatile nature of the price of Solana and other cryptocurrencies and the incurrence of indebtedness; the risk that the price of the Company’s common stock may be highly correlated to the price of the digital assets that it holds; risks related to the performance and expected return of the companies and projects that the Company has invested in; risks related to increased competition in the industries and markets in which the Company does and will operate (including the applicable digital assets market); risks relating to significant legal, commercial, regulatory, and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; as well as those risks and uncertainties identified in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Investors should not place undue reliance on forward-looking statements.

Contacts
Media Contact
comms@forwardindustries.com

Investor Relations Contact
Sean Mansouri, CFA / Aaron D’Souza
Elevate IR
(720) 330-2829
ir@forwardindustries.com

Company targets approximately $60 million in annualized cost savings and positive Adjusted EBITDA by the end of H1 2027

NEW YORK, Sept. 23, 2026 (GLOBE NEWSWIRE) — Rezolve Ai (NASDAQ: RZLV), a global leader in AI-powered commerce and engagement, today outlined a strategic operating program to reduce recurring costs and accelerate its path to profitability. Measures already implemented, together with lower exceptional expenditure, are expected to deliver substantially lower cash burn in H2 2026 compared with H1. 

The Company is targeting approximately $60 million in annualized cost savings from its cost reduction program. These savings are expected to drive the Company to positive Adjusted EBITDA exiting H1 2027. The savings target represents the expected annual benefit once the program is fully implemented, rather than savings necessarily realized within a single reporting period.

The Company has already reduced acquisition-related expenditure and implemented measures to lower marketing and external legal costs. Its broader operating program focuses on integrating acquired operations and improving efficiency. Furthermore, transitioning professional services delivery to partners including TCS and Tech Mahindra is expected to improve gross margins and support continued rapid growth.

Daniel M. Wagner, Chairman and CEO of Rezolve Ai, said:
“We have moved quickly to reduce spending and measures are already in place. We expect cash burn in the second half of this year to be substantially below the first half, reflecting both the actions we have taken and lower exceptional expenditure.

“H1 included fundraising fees, litigation settlements and the costs of integrating acquired businesses, including office closures and redundancies from the consolidation of overlapping functions. Alongside the reduction in those costs, we are addressing recurring expenditure across the Group.

“We expect to continue growing at extraordinary rates but we will not pursue growth at any cost. With cost reductions already implemented, our focus is on reaching positive adjusted EBITDA by the end of H1 2027 and materially reducing cash burn.”

Operating Priorities
The operating program addresses five principal areas:

• Cloud and technology infrastructure: optimizing capacity and usage, consolidating overlapping services and renegotiating supplier arrangements.
• Staffing and integration: removing duplication across acquired operations and aligning resources with customer requirements and revenue opportunities.
• Professional services: transitioning service delivery to partners including TCS and Tech Mahindra, with additional partners to be announced, to improve gross margins and support scalable growth.
• Property: consolidating offices and addressing surplus space inherited through acquisitions.
• Spending and capital allocation: focusing marketing on measurable commercial returns, tightening discretionary expenditure and applying greater selectivity to additional acquisitions.

The Company will continue investing in Rezolve Commerce, Rezolve Pay, Rezolve Reward and Rezolve Insight, together with brainpowa and the infrastructure supporting its platform.

Financial Targets and Outlook

Measure	Target or outlook
Annualized cost savings	Approximately $60 million once fully implemented
H2 2026 cash burn¹	Expected substantially below H1 2026 following implemented cost reductions and lower exceptional costs.
Adjusted EBITDA	Positive when exiting H1 2027
Adjusted EBITDA margin improvement	At least 24.9 percentage points: June 2027 target versus H1 2026

¹ For this comparison, cash burn means cash excluding capitalization, share based compensation, restructuring costs and acquisition costs calculated consistently for H1 and H2 2026.

The Company targets positive Adjusted EBITDA for the month ending June 30, 2027. Compared with the Adjusted EBITDA margin of negative 24.9% in H1 2026, achieving a positive margin in that month would represent an improvement of at least 24.9 percentage points. This is an exit-period target rather than a forecast of positive Adjusted EBITDA for H1 2027 as a whole. Adjusted EBITDA profitability and operating cash-flow breakeven are separate milestones.

First-Half Expenditure and Liquidity
H1 2026 cash expenditure included fundraising fees, litigation settlements and costs associated with integrating acquired businesses, including office closures and staff redundancies. These items contributed to elevated cash usage during the period and should be distinguished from the ongoing cost of operating the business.

The operating plan addresses recurring expenditure alongside the reduction in exceptional costs with the objective of establishing a substantially more efficient cost base as revenue grows.

“Our priorities are straightforward: grow revenue, reduce cash burn and reach profitability,” Wagner added. “We have built the platform and the distribution. We are now focused on delivering the financial performance that shareholders expect.”

Investor Day: October 6, 2026
Rezolve Ai reminds investors that its Investor Day will take place on October 6, 2026. Register here: https://edge.media-server.com/mmc/p/hz8x6poa/

About Rezolve Ai
Rezolve Ai is a global leader in AI-powered commerce and engagement. Its technology helps retailers, brands, financial institutions and commerce platforms create intelligent, personalized customer experiences across search, discovery, engagement and transaction journeys.

Rezolve Ai’s platform is designed to connect consumers, merchants, banks and payment providers through intelligent commerce infrastructure that makes customer interactions more relevant, measurable and valuable. Through its AI-powered commerce capabilities and Reward’s financial engagement platform, Rezolve Ai is building the infrastructure for the next generation of personalized and agentic commerce.

Media Contact
Urmee Khan
Global Head of Communications
urmeekhan@rezolve.com
+44 7576 094 040

Adjusted EBITDA
Adjusted EBITDA is a non-GAAP measure that Rezolve uses to assess underlying operating performance. It represents EBITDA adjusted for certain non-cash, non-recurring and other items, including share-based compensation, foreign exchange effects, certain fair-value and financing-related items, and specified acquisition, restructuring and other one-time costs. Net income (loss) is the most directly comparable GAAP financial measure to forward-looking Adjusted EBITDA. The Company is unable to provide a quantitative reconciliation of Adjusted EBITDA to net income (loss) without unreasonable efforts because it cannot predict with sufficient certainty the type and extent of specific reconciling items that would be needed to provide such a reconciliation.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements concerning the timing of Adjusted EBITDA profitability, expected cash burn, targeted annualized cost savings, Adjusted EBITDA margin improvement, gross-margin improvements and the implementation and expected benefits of the operating program and partner delivery arrangements.

These statements reflect management’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. These include revenue performance and the timing of customer receipts, the timing and costs of implementing operational changes, the achievement of anticipated efficiencies, partner execution, working-capital requirements, exceptional expenditure and other risks described in the Company’s filings with the Securities and Exchange Commission.

Forward-looking statements speak only as of the date of this release. Rezolve Ai undertakes no obligation to update them, except as required by law.