Month: October 2026

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)   Full name of discloser:	Davidson Kempner Capital Management LP
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree	Tate & Lyle plc
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)   Date position held/dealing undertaken:         For an opening position disclosure, state the latest practicable date prior to the disclosure	27/10/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?         If it is a cash offer or possible cash offer, state “N/A”	No

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	29 1/6p ordinary (ISIN-GB00BP92CJ43)
	Interests		Short positions
	Number	%	Number	%
(1)   Relevant securities owned and/or controlled:
(2)   Cash-settled derivatives:	18,026,315	4.04%
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	18,026,315	4.04%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
29 1/6p ordinary	CFD	Increasing a long position	280,000	GBP 5.6291
29 1/6p ordinary	CFD	Increasing a long position	230,298	GBP 5.6315
29 1/6p ordinary	CFD	Increasing a long position	179,848	GBP 5.6350

(b)        Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

(c)        Stock-settled derivative transactions (including options)

(i)        Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.        OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)   the voting rights of any relevant securities under any option; or (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	28/10/2026
Contact name:	Alex McMillan
Telephone number:	646 282 5805

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

• Profit. The Group earned a net profit of €27.9 million in the first nine months of this year
• Deposits. The deposit portfolio grew by 10% year-to-date, reaching €4.3 billion
• Loans. The loan portfolio exceeded €4.0 billion and increased by 8% year-to-date
• Revenue. Net interest income grew by 9% year-over-year to €113.7 million, while net service and fee income rose by 4% to €23.6 million
• Management Changes. Following approval from the ECB, a Chief Technology Officer (CTO) has joined the Management Board of Artea Bank. The bank’s team has also been strengthened with new leadership in data, IT, risk, marketing and HR
• Share Buyback. Artea Bank received approval from the European Central Bank (ECB) to repurchase its own shares

During the first nine months of 2026, the Artea Bank Group earned an unaudited net profit of €27.9 million. The bank’s core business indicators – the loan portfolio, customer deposits, and net interest income – all grew, while profit was impacted by additional impairment provisions and costs related to the ongoing restructuring.

Net interest income increased by 9% year-to-date compared to the corresponding period in 2025, reaching €113.7 million, while net service and commission income rose by 4% to €23.6 million. This growth was driven by persistently high demand for financing: since the beginning of the year, new loan agreements totaling more than €1.3 billion have been signed – 1% more than a year ago, and the loan portfolio grew by 8% (€311 million) to exceed €4.0 billion.

Customer deposits grew even more rapidly, with the deposit portfolio increasing by 10% (€391 million) year-to-date, exceeding €4.3 billion at the end of September. Demand deposits grew by 14% (€293 million) to exceed €2.3 billion, while time deposits increased by 5% (€98 million) to €2.0 billion.

“Artea is entering a new phase of operations, with a greater focus on risk management, operational efficiency, and long-term resilience. The bank is systematically updating its organizational model, strengthening internal capabilities, and reducing its dependence on external service providers.

We are purposefully strengthening the organization: we are refreshing the management team – experienced specialists in data, IT, risk, regulation, HR and business development have joined the bank. We are transferring critical IT competencies and responsibilities to the bank – this will allow us to strengthen control, make decisions faster and increase operational resilience. These changes will increase costs in the short term, but they represent an investment in a stronger, more efficient, and more sustainable Artea Bank,” says Tomas Varenbergas, acting CEO of Artea Bank.

Operating expenses in Q3 2026 were driven up by costs related to restructuring, strengthening risk management, and the transition from external service providers to in-house teams and technological solutions. The Artea Bank Group’s cost-to-income ratio stood at 61.6% at the end of September (compared to 56.3% in the corresponding period of 2025).

Loan impairment charges (excluding impairments of other assets and Pillar 2-related charges) for the first 9 months totaled €6.3 million (compared to €4.0 million in the corresponding period of 2025). Additional provisions recognised in Q3 were primarily driven by more conservative loss given default (LGD) assumptions, higher specific provisions for non-performing exposures, and increased weighting of adverse macroeconomic scenarios. The Cost-of-Risk (CoR) ratio stood at 0.22% at the end of September (0.15% at the end of September 2025).

Due to these factors, the group’s net profit was 42% lower than a year ago. Operating profit before impairment and income tax decreased by 13% to €54.6 million (€62.7 million for the first nine months of 2025), while return on equity stood at 6.2% (11.1% a year ago).

The bank’s capital and liquidity position remains stable and strong. All regulatory requirements and prudential ratios are met with a significant margin, ensuring resilience to market volatility: Total Capital Ratio (TCR) stood at 21.0%¹, and Liquidity Coverage Ratio (LCR) at 209%¹

Summary of Revenues and Expenses (€’ m)					2026 9M	2025 9M	% ∆
Net Interest Income					113.7	104.3	9%
Net Fee and Commission Income					23.6	22.7	4%
Other Income					5.0	16.2	-69%
Total Revenue					142.3	143.3	-1%
Salaries and Related Expenses					-44.4	-40.3	10%
Other Operating Expenses					-43.2	-40.3	7%
Total Operating Expenses					-87.7	-80.6	9%
Operating Profit					54.6	62.7	-13%
Impairment Losses					-18.6	-3.2	479%
Income Tax Expense					-8.1	-11.1	-27%
Net Profit					27.9	48.4	-42%
Balance Sheet Metrics (€` m)					2026.09.30	2025.12.31	% ∆
Loan Portfolio					4 024	3 714	8%
Deposit Portfolio					4 352	3 961	10%
Equity					600	603	0%
Assets under Management2					1 701	2 151	-21%
Assets under Custody					2 246	2 046	10%
Key Indicators					2026 9M	2025 9M	∆
Net Interest Margin (NIM)					2.8%	2.9%	-17bp
Cost-to-Income Ratio (C/I)					61.6%	56.3%	+536bp
Return on Equity (RoE)					6.2%	11.1%	-491bp
Cost-of-Risk (CoR)					0.22%	0.15%	+7bp
Total Capital Ratio (TCR)1					21.0%	21.5%	-53bp

Overview of Business Segments

Corporate Clients

Business customer activity remains high – both the number of new customers and the volume of new business financing have increased. Since the beginning of the year, the volume of new business financing agreements has reached €0.9 billion, a 15% increase compared to the same period last year. The total business loan portfolio exceeded €2.1 billion, growing by 11% year-to-date.

The bank continues to consistently support the development of green energy infrastructure in Lithuania. In Q3 2026, Artea allocated €32.7 million for two new energy storage parks, with a combined capacity of 84 MW. The parks are currently under development. Energy storage capacity is an important part of the rapidly growing renewable energy system: it helps balance the electricity supply and increases the country’s energy resilience.

Corporate banking also continues to successfully strengthen its position in a growing market. During the first half of 2026 the market share of Artea in corporate financing increased by 0.4 percentage points. This reflects the bank’s growing competitiveness and increasing confidence among corporate clients.

Private Clients

Daily banking services are gaining momentum. In the third quarter, the bank achieved a record result in attracting new retail customers: nearly 13 thousand new private clients joined Artea – twice as many as in the second quarter. This growth was driven by successful credit card and term deposit campaigns, as well as more effective cross-selling within the Artea Bank Group.

Demand for mortgages remains high. The volume of new mortgage loan contracts grew by 2% to €70 million in Q3 and exceeded €0.2 billion since the beginning of the year. The mortgage portfolio increased by 11% (€111 million) over the first nine months, exceeding €1.1 billion.

Consumer financing also grew steadily: since the beginning of the year, new consumer loan agreements totaling €0.2 billion have been signed, while the portfolio increased by 3% (€10 million) to €0.4 billion.

In Q3 2026, participants of Pillar 2 pension funds of Artea submitted requests to withdraw €67 million.  This was half the level recorded in Q2 and eight times lower than in Q1. Artea Asset Management once again stood out for its resilience in the market among other fund managers by retaining the relatively largest share of assets under management. The impact of redemptions was partly offset by strong investment management performance and contributions to Pillar 3 pension funds growing by €20 million.

¹  preliminary data
²  Includes assets managed by asset management and modernization funds

Additional information:
Arnas Šukys,
Head of Investor Relations
arnas.sukys@artea.lt; +370 610 44447 

Attachments

• Artea 2026 Q3 Financial Statements
• Artea Q3`26 earnings results presentation

NexaCore Technologies to lead feasibility work on a proposed solar power plant, battery storage, and AI data center in Grenada; MOU sets an indicative project scale of approximately US$500 million, subject to feasibility, financing, approvals, and definitive agreements

IRVINE, Calif., Oct. 28, 2026 (GLOBE NEWSWIRE) — Marwynn Holdings, Inc. (NASDAQ: MWYN) (“Marwynn” or the “Company”) today announced that it has entered into a non-binding Memorandum of Understanding (the “MOU”) with Grenada National Resort (the “Resort”) to evaluate the development of the NexaCore AI & Renewable Energy Infrastructure Campus, a proposed solar power plant and artificial intelligence (“AI”) data center on land within or associated with the Resort in Grenada. Marwynn’s wholly-owned subsidiary, NexaCore Technologies, Inc. (“NexaCore”), will lead project development, technology implementation, and day-to-day execution under Marwynn’s oversight.

The MOU gives NexaCore, which Marwynn formed in April 2026 to develop AI computing infrastructure and technical services, a specific site and a land partner to evaluate. The proposed campus would pair on-site solar generation and battery storage with GPU-based computing capacity, with the solar plant intended to supply the data center’s power needs and, where commercially viable, sell surplus energy. The campus is intended to serve regional and international customers and may become a base for Marwynn’s broader international business. The Resort, which represents a government-supported tourism and investment project in Grenada, intends to contribute or otherwise make land available for the project and to help coordinate with Grenadian authorities, utilities, and regulators.

“Power supply is the hardest constraint in AI infrastructure. In Grenada, we have a land partner and a site where we can evaluate building generation and computing capacity together, sized to each other from the start,” said Ms. Yin Yan, CEO of Marwynn Holdings, Inc. “The MOU gives us 24 months of exclusivity to test that model through land, grid, and connectivity studies before we commit capital.”

Scope of Potential Cooperation

The MOU sets out a broad framework that the parties intend to refine through feasibility work and definitive agreements. Final capacity, site configuration, and commercial structure will be determined after technical and feasibility studies. The areas under evaluation include:

Solar power generation and energy storage

• Development, financing, construction, ownership, and/or operation by NexaCore of a solar photovoltaic generation facility in Grenada as a commercial infrastructure asset.
• Battery energy storage and energy management systems to balance solar output with the data center’s power demand.
• Substations, interconnection facilities, and transmission infrastructure are coordinated with local utilities and subject to their approval.
• Sales of power not needed by the data center through offtake arrangements or other commercial structures, where viable and agreed with the relevant parties.

AI and high-performance computing

• GPU and high-performance computing infrastructure, which Marwynn may source directly or through NexaCore from leading technology providers, subject to commercial availability, financing, customer requirements, and definitive technology arrangements.
• AI training and inference capacity, cloud and hosting services, and data storage for regional and international customers.
• Cybersecurity, cooling systems, and supporting technology infrastructure suited to international commercial operations.
• An integrated design in which the solar plant and data center operate as complementary parts of one renewable-powered platform, while Marwynn keeps the flexibility to structure and operate each component separately where commercially appropriate.

Site, connectivity, and supporting infrastructure

• Identification and reservation of land within or associated with the Resort, including review of acreage, boundaries, title, permitted use, development rights, access, and utilities.
• Telecommunications and international connectivity planning, with the Resort’s facilitation.
• Grid, interconnection, access roads, and related site infrastructure.
• Potential shared infrastructure between the campus and the wider Resort development, subject to technical and commercial feasibility.

Government coordination, permits, and incentives

• Coordination with relevant ministries, agencies, regulators, and utilities, with the Resort using commercially reasonable efforts to facilitate such coordination.
• Assistance with applications for permits, licenses, and approvals.
• Coordination on investment incentives, concessions, or other benefits that may be available to the project under Grenadian law.
• Support with workforce, immigration, and specialized personnel planning.

Any governmental approval, incentive, or commitment for the project remains subject to Grenadian law and action by the competent authority. The MOU does not represent that the Resort can bind the Government of Grenada or any governmental authority.

Local participation, training, and technology transfer

• Local employment and procurement, including participation by qualified Grenadian businesses and professionals, where commercially reasonable.
• Workforce development is tied to campus construction and operations.
• Training, technology transfer, and collaboration with local institutions in AI, data center operations, renewable energy, and other advanced technologies.

“When we formed NexaCore in April, we described it as a measured step that would grow with the capital and equipment available to us,” said Ms. Yan. “Grenada is the first site where we can put that plan to work. We intend to develop the campus in phases, size each phase according to feasibility studies and financing support, and use it to serve AI customers in regional and international markets.”

Key Terms of the MOU

• Indicative scale: the parties contemplate an aggregate project scale of approximately US$500 million across the solar and data center components, with no predetermined split between them. The figure is a planning estimate only. It is not a commitment by Marwynn or NexaCore, and any actual investment will depend on feasibility and may be materially less than, or materially different from, that amount.
• Land: the Resort intends to contribute, grant, lease, license, or otherwise make land available. The form and value of the land contribution, and any ownership or economic interest the Resort receives, will be determined only after legal, technical, and valuation due diligence. No value is assigned to the land under the MOU.
• Project structure: Marwynn is the contracting party. Marwynn, directly or through NexaCore, may carry out the project through subsidiaries, affiliates, special-purpose vehicles, or joint ventures, and may bring in strategic investors, technology partners, infrastructure funds, and lenders.
• Commercial control: subject to Grenadian law and definitive agreements, Marwynn, through NexaCore, retains responsibility for technology, capital allocation, financing, partners, customers, suppliers, operators, and expansion strategy. The land contribution is not a sovereign or governmental guarantee of Marwynn’s obligations.
• Exclusivity: during the MOU term, the Resort will not negotiate with third parties for a solar plant, AI data center, or similar infrastructure project on or in connection with the Resort without Marwynn’s consent.
• Intellectual property: each party keeps its pre-existing intellectual property. Rights to anything developed jointly for the project will be addressed in definitive agreements.
• Term: 24 months, unless extended or superseded by definitive agreements. Either party may terminate on 30 days’ written notice, and Marwynn may terminate immediately if it determines the project is not commercially or technically feasible.

Next Steps

NexaCore plans to begin technical, commercial, environmental, land and title, site, energy, connectivity, and financial evaluations to determine the final scope and viability of the project, with the Resort providing site access, available project information, and introductions to relevant authorities and utilities. The scope, capacity, capital allocation, and timing of each phase may be adjusted based on feasibility results, financing, market conditions, customer demand, and land availability. The project may be financed through a combination of project-level equity, strategic and institutional investors, infrastructure funds, project and equipment financing, capital markets transactions, and other sources. Any binding obligations relating to land, funding, or construction will be set out only in definitive agreements, and there is no assurance that definitive agreements will be signed or that the project will proceed.

About Marwynn Holdings, Inc.

Marwynn Holdings, Inc. (NASDAQ: MWYN) is a diversified holding company. Through its subsidiaries, the Company seeks to invest in and operate businesses that leverage advanced technologies to drive operational efficiency and market growth.

About NexaCore Technologies, Inc.

NexaCore Technologies, Inc. is a wholly-owned subsidiary of Marwynn Holdings, Inc., formed in April 2026 to develop AI computing infrastructure and technical support services. NexaCore’s planned focus includes high-density data center environments with liquid-cooling systems for large-scale GPU clusters, and managed cloud and infrastructure-as-a-service offerings for enterprise AI customers.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward-looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the non-binding nature of the MOU and the risk that the parties do not enter into definitive agreements on acceptable terms or at all; the results of feasibility, environmental, land, title, and valuation due diligence; the Company’s ability to obtain financing for the project on acceptable terms or at all, and the dilution that may result from any equity financing; the risk that the actual investment in the project is materially less than, or materially different from, the indicative US$500 million figure; the ability to obtain permits, approvals, incentives, grid interconnection, and land rights from governmental authorities and utilities in Grenada; the availability and cost of GPU, solar, storage, and other equipment; demand for AI computing capacity and the Company’s ability to secure customers; risks associated with operating in a foreign jurisdiction; the risk that the proposed mission and AI-focused business infrastructure of NexaCore may not be realized as planned; potential changes in the legislative and regulatory environment applicable to AI technologies, data governance, energy, or digital infrastructure; the ability to manage growth; the ability to identify and integrate future acquisitions; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of business due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the heading “Risk Factors” in documents filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s latest annual report on Form 10-K, filed with the SEC on July 30, 2026, as amended on September 22, 2026, and as revised or updated in subsequent filings, including current reports on Form 8-K. The forward-looking statements are based on information available to the Company on the date hereof. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Investor Relations Contact:
info@marwynnholdings.com

• Includes contributions from eight photographers who have captured moments of social connection in pubs and bars across Europe
• Celebrates the spaces where people come together and the distinctive character of each venue and city
• Coincides with new economic analysis showing tourists spend almost €2.5 billion a year on HEINEKEN beers alone – equating to almost two million beers bought by tourists every day*

Greece: © Enri Canaj/Magnum Photos

AMSTERDAM, Oct. 28, 2026 (GLOBE NEWSWIRE) — HEINEKEN and Magnum Photos have released a photoseries documenting the pubs and bars across Europe that bring locals together and where visitors are made to feel at home.

8 local photographers spent the summer capturing venues in 11 countries for the series dubbed Europe’s Living Rooms. Whether it’s a Greek tavern, a Czech beer hall or a Dutch brown bar, the places may look different but they all share the same shared truth: no matter where you are in the world, you can connect over a beer.

The photography captures a window into bar and pub culture – from crowds spilling onto the streets of Soho outside The Devonshire Arms to grab a beer after work, to different generations grabbing a snack and an ice cold beer next to the Dutch canals.

But the role these venues play extends beyond bringing people together. The launch of the photos comes as new economic data reveals how Europe’s pubs and bars are changing how tourists travel and support a tourism economy worth billions.

The European lifestyle attracts tourists from around the world, contributing an estimated €828billion in tourism spending each year**. At the heart of that appeal are the pubs, bars, cafés and tavernas that offer a window into local life.

With a longstanding presence across Europe’s hospitality and tourism economies, HEINEKEN is shining a light on the important role local venues play in shaping destinations, visitor experiences and local communities. The findings are backed by new economic analysis showing tourism-attributable spending on HEINEKEN’s beer portfolio is worth almost €2.5 billion annually – equating to almost two million beers bought by tourists every day. Most of that spending takes place in pubs and bars, highlighting the important role they play in Europe’s tourism economy.

Additional consumer research released today finds that more than a third (35%) have visited a particular neighbourhood or area specifically to visit a venue, while one in five (20%) have stayed longer in a destination because of one.

Sometimes spontaneity is key, as over half (52%) discover local venues by simply wandering. The key things that make these venues memorable are the atmosphere (57%), the local food and drink (54%), and the people that they meet (30%).

For many travellers, this is because getting a real taste of a destination means going where local life happens. Nearly three quarters (73%) of European tourists agree you understand a place better when you’ve spent time where locals socialise, while more than three quarters (77%) visited a local pub, bar café or taverna multiple times on their most recent European holiday.

And at the heart of these spaces is something harder to put a price on: social connection. Nearly three quarters (74%) agree these spaces create opportunities for meaningful face-to-face connection that are hard to replicate elsewhere, while more than half (52%) have struck up a conversation with someone they didn’t know in one. Across the photography series, strangers and friends alike are brought together by shared experiences over a beer – from the collective highs and lows of watching the World Cup at Bar Sidi in Madrid to crowds gathering around music at Campo Solar festival in Belgium – these spaces have the unique power to unite people over a glass of cold beer.

Glenn Caton, President of Europe at the HEINEKEN Company, commented: “Tourism is hugely important to Europe, and thriving pubs, bars, cafés and tavernas are part of what makes its cities and neighbourhoods worth visiting. They bring visitors into local communities, support hospitality business and jobs, and give people a reason to explore beyond the traditional tourist trail.

“But their value isn’t only economic. These are places where visitors can experience local life first-hand – meeting people, discovering local culture and becoming part of a community, even if only for an evening. Europe’s Living Rooms celebrates that wider role, and the positive contribution that beer and hospitality make to Europe.”

Marine Mérindol, Chief Operating Officer (COO), Magnum Photos, said: “This project resonated with us so strongly. Magnum photographers immersed themselves at eleven bars across Europe to paint a portrait not just of places, but of the people who make them matter – from the regular who’s sat in the same seat for twenty years, to a toast repeated the same way every night, or a football chant that turns a room of strangers into teammates. These are the details that so many miss if they are just passing through. A true understanding of Europe Living Rooms is earned by staying long enough to relate to them, and this is exactly what documentary photography can capture that other mediums can’t. It doesn’t just illustrate a place; it witnesses it. Through the collaboration with HEINEKEN, these photographs capture something true about how people in Europe live and connect together.”

Europe’s Living Rooms forms part of HEINEKEN’s wider Story of Beer in Europe – championing the social, cultural and economic value of beer and hospitality across Europe.

View the photos here: https://www.magnumphotos.com/arts-culture/europes-living-room/

Notes to Editors
For any questions, please contact: heineken@wearetheromans.com
Imagery assets are downloadable HERE.

About the economic data
Sales figures were taken from a study that was conducted by Steward Redqueen and assesses HEINEKEN’s economic impact across Europe in 2025. Using multi-regional input-output modelling, it combines HEINEKEN’s 2025 financial, procurement, employment and commercial data with official economic statistics to estimate GDP contribution and employment supported across its value chain. Indirect impacts are described as supported rather than created, as the analysis does not estimate what economic activity would have occurred in the absence of HEINEKEN. The analysis covers 29 European countries, including 21 HEINEKEN operating markets and eight export-only markets.

About the consumer research
The research was conducted in partnership with OnePoll between 21 August and 2 September 2026, polling 11,000 participants of legal drinking age across 11 European markets (UK, Portugal, Ireland, Spain, Netherlands, Greece, Poland, Austria, Italy, Belgium and Czechia).

OnePoll are company partners of the Market Research Society and certified by Communications Management Standards (CMS).

About HEINEKEN
HEINEKEN is the world’s pioneering beer company. We are the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, we have a portfolio of more than 340 international, regional, local, and specialty beers and ciders. With HEINEKEN’s over 87,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution, and focused cost management. Through “Brew a Better World”, sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants, and other production facilities in more than 70 countries. Most recent information is available on our Company’s website, and follow us on LinkedIn and Instagram.

About Magnum Photos
Magnum Photos is a cooperative of acclaimed, independent photographers who share an ongoing commitment to documenting world events, people, places, daily life and culture. Founded in 1947, Magnum Photos has been telling stories of the past, defining the present, and shaping the future through photography for over 79 years, united by its values of uncompromising excellence, truth, respect and independence. With more than 6.6 million followers across the internet, and a rolling program of museum shows, exhibitions, and events across the globe, Magnum photographers continue to inspire a growing worldwide audience. Find out more at magnumphotos.com.

References
*New consumer research, commissioned by HEINEKEN Company and conducted by OnePoll, August-September 2026. All subsequent consumer research data throughout this release relates to this study.
**Eurostat BoP data on foreign tourist spending for 2024 across HEINEKEN’s 21 operating markets in Europe.

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