Author: Ravi Shankar

Octopus AIM VCT plc

Net Asset Value

Octopus AIM VCT plc announces that as at 19 October 2026 the unaudited net asset value of the Ordinary shares was approximately 39.9 pence per share.

For further information, please contact:

Ronan Goggin
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800C5JHJUQLAFP619

Octopus AIM VCT 2 plc

Net Asset Value

Octopus AIM VCT 2 plc announces that as at 19 October 2026 the unaudited net asset value of the Ordinary shares was approximately 31.9 pence per share.

For further information, please contact:

Andrew Humphries
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800BW27BKJCI35L17

BROOKFIELD, Wis., Oct. 21, 2026 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter and nine months ended September 30, 2026. Net income for the quarter was $0.8 million, or $0.58 basic and $0.57 diluted net income per share, compared to $0.9 million, or $0.67 basic and $0.65 diluted net income per share, for the same quarter of 2025. For the nine-month period, net income increased to $2.3 million, or $1.73 basic and $1.69 diluted net income per share, compared to $1.9 million, or $1.41 basic and $1.36 diluted net income per share, for the same period in 2025.

Financial highlights for the quarter include:

• Net interest margin increased to 3.05% compared to 3.03% for the second quarter of 2026 and 2.77% for the third quarter of 2025. In addition, the net interest margin increased to 3.02% for the nine months ended September 30, 2026, compared to 2.69% for the same period of 2025. The rising trend continued as the cost of funds declined and earning asset yields rose. Net interest income increased $0.5 million for the quarter compared to the same quarter of 2025, and by $1.5 million for the nine months ended September 30, 2026, compared to the same period of 2025, primarily as a result of improved net interest margins that more than offset the impact of lower average earning asset balances.

• Net income for the Banking Division increased by $0.5 million, while net income for the Mortgage Division decreased by $0.1 million for the nine months ended September 30, 2026, compared to the same period in 2025. The Banking Division’s increase was driven primarily by higher net interest income, which more than offset the $0.4 million increase in provisions for credit losses. The Mortgage Division’s results were primarily the result of lower mortgage volumes due to higher mortgage rates and limited housing inventory, offset in part by effective cost controls.
• The allowance for credit losses (“ACL”) to loans was 1.23% at September 30, 2026, compared to 1.20% at June 30, 2026, and 1.27% at December 31, 2025. Provision for credit losses increased year to date, and annualized net charge-offs also increased. Improved economic forecasts from the Federal Reserve and lower loan balances since June 30, 2026, partially offset deterioration in qualitative adjustments related to changes in credit classifications and other factors. Non-performing assets to total assets and non-accrual loans to loans were 0.92% and 1.15%, respectively, on September 30, 2026, compared to 1.04% and 1.31%, respectively, on December 31, 2025. While these measures of non-performing asset quality remained relatively consistent during the period, migration within other credit risk categories resulted in the combined total of credits classified as Special Mention, Substandard, and Doubtful increasing from $37 million at December 31, 2025, to $56 million at September 30, 2026. This increase was primarily due to migration in the Commercial and Commercial Real Estate loan portfolio segments, while the Construction & Development, Residential, Home Equity or Consumer segments experienced little overall total classified balance change. Management is closely monitoring these credits and has increased its focus on problem loan management.
• Since year-end 2025, loan balances have decreased by $15 million, primarily due to a $10 million and $5 million decline in the residential and commercial (inclusive of the construction and development segment) portfolios, respectively. The decline in residential loans was consistent with portfolio strategy, as these loans generally generate lower net interest spreads. Although commercial loan originations increased compared with the same period in the prior year, elevated prepayment activity, largely attributable to borrower business and property sales rather than interest rate or service considerations, contributed to the decline in commercial loan balances. Deposits increased since December 31, 2025, primarily in money market and noninterest-bearing checking accounts, reflecting targeted growth initiatives and increased marketing expenditures. Short-term borrowings, primarily those from the Federal Home Loan Bank of Chicago, decreased by $29 million during the period with that reduction funded from higher deposit balances and lower loan balances.

Mr. J. Brian Chaffin, CIB Marine’s President and CEO, commented, “Earnings improved again as expansion of the net interest margin and disciplined expense management more than offset higher provisions for credit losses. Net interest margin for CIBM Bank was 3.11% for the third quarter, up from 2.84% in the same quarter in 2025, and up from 3.09% in the second quarter of 2026. We remain focused on growing new customer relationships and continuing the repricing of loans and deposits, supported by enhanced marketing activities. Provisions for credit losses increased compared to the same period last year as we have had some credit migration and charge-off activity, as noted above. Management is addressing these issues with the highest priority.”

Regarding the Company’s common stock repurchase plan, he added, “Purchases of CIBH stock for the year to date have totaled $1.2 million at a weighted average price of $38.33 per share. Since February 2025, we have repurchased 5% of our outstanding stock at a price of $36.17 per share, utilizing $2.5 million of the $3.5 million authorized through 2026.”

Finally, he concluded, “For the remainder of 2026, we remain focused on increasing net interest income while navigating the challenges presented by the current interest rate environment, and on addressing the recent rise in loan risk migrations.”

CIB Marine Bancshares, Inc. is the holding company for CIBM Bank, which operates nine banking offices in Illinois, Wisconsin, and Indiana, and has mortgage loan officers and/or offices in six states. More information on the Company is available at www.cibmarine.com, including recent shareholder letters, links to regulatory financial reports, and audited financial statements.

FORWARD-LOOKING STATEMENTS
CIB Marine has made statements in this release that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. CIB Marine intends these forward-looking statements to be subject to the safe harbor created thereby and is including this statement to avail itself of the safe harbor. Forward-looking statements are identified generally by statements containing words and phrases such as “may,” “project,” “are confident,” “should be,” “intend,” “predict,” “believe,” “plan,” “expect,” “estimate,” “anticipate” and similar expressions. These forward-looking statements reflect CIB Marine’s current views with respect to future events and financial performance that are subject to many uncertainties and factors relating to CIB Marine’s operations and the business environment, which could change at any time.

There are inherent difficulties in predicting factors that may affect the accuracy of forward-looking statements.

Stockholders should note that many factors, some of which are discussed elsewhere in this Earnings Release and in the documents that are incorporated by reference, could affect the future financial results of CIB Marine and could cause those results to differ materially from those expressed in forward-looking statements contained or incorporated by reference in this document. These factors, many of which are beyond CIB Marine’s control, include but are not limited to:

• operating, legal, execution, credit, market, security (including cyber), and regulatory risks;
• economic, political, and competitive forces affecting CIB Marine’s banking business;
• the impact on net interest income and securities values from changes in monetary policy and general economic and political conditions; and
• the risk that CIB Marine’s analyses of these risks and forces could be incorrect and/or that the strategies developed to address them could be unsuccessful.

These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements. Forward-looking statements speak only as of the date they are made. CIB Marine undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements are subject to significant risks and uncertainties and CIB Marine’s actual results may differ materially from the results discussed in forward-looking statements.

FOR INFORMATION CONTACT:
J. Brian Chaffin, President & CEO
(217) 355-0900
brian.chaffin@cibmbank.com 

CIB MARINE BANCSHARES, INC.
Selected Unaudited Consolidated Financial Data
	At or for the
	Quarters Ended																9 Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,				September 30,			September 30,
		2026			2026			2026			2025			2025				2026			2025
	(Dollars in thousands, except share and per share data)
Selected Statement of Operations Data:
Interest and dividend income	$	10,871		$	10,739		$	10,586		$	10,881		$	10,780			$	32,196		$	32,738
Interest expense		4,816			4,739			4,760			5,208			5,196				14,315			16,389
Net interest income		6,055			6,000			5,826			5,673			5,584				17,881			16,349
Provision for (reversal of) credit losses		73			(26	)		268			1,174			(90	)			315			(39	)
Net interest income after provision for
(reversal of) credit losses		5,982			6,026			5,558			4,499			5,674				17,566			16,388
Noninterest income (1)		1,163			1,337			1,178			1,292			1,908				3,678			5,225
Noninterest expense		6,129			6,191			5,969			6,223			6,375				18,289			19,059
Income (loss) before income taxes		1,016			1,172			767			(432	)		1,207				2,955			2,554
Income tax expense (benefit)		249			257			181			(115	)		299				687			657
Net income (loss)	$	767		$	915		$	586		$	(317	)	$	908			$	2,268		$	1,897
Common Share Data:
Basic net income (loss) per share	$	0.58		$	0.69		$	0.45		$	(0.24	)	$	0.67			$	1.73		$	1.41
Diluted net income (loss) per share		0.57			0.68			0.43			(0.24	)		0.65				1.69			1.36
Dividend		0.00			0.00			0.00			0.00			0.00				0.00			0.00
Tangible book value per share (2)		60.67			61.56			61.09			60.95			60.72				60.67			60.72
Book value per share (2)		60.72			61.61			61.13			61.00			60.77				60.72			60.77
Weighted average shares outstanding – basic		1,318,554			1,317,498			1,310,842			1,334,388			1,350,097				1,314,251			1,345,941
Weighted average shares outstanding – diluted		1,345,372			1,345,498			1,349,513			1,379,094			1,396,512				1,345,372			1,393,086
Financial Condition Data:
Total assets	$	812,901		$	828,198		$	832,790		$	833,304		$	836,760			$	812,901		$	836,760
Loans		650,954			659,768			669,543			666,199			655,620				650,954			655,620
Allowance for credit losses on loans		(7,987	)		(7,903	)		(8,696	)		(8,465	)		(8,721	)			(7,987	)		(8,721	)
Investment securities		124,964			124,419			120,629			123,319			128,214				124,964			128,214
Deposits		671,675			666,633			677,349			660,614			702,078				671,675			702,078
Borrowings		49,186			67,804			62,265			77,817			39,245				49,186			39,245
Stockholders’ equity		80,065			81,245			80,647			81,414			81,789				80,065			81,789
Financial Ratios and Other Data:
Performance Ratios:
Net interest margin (3)		3.05	%		3.03	%		2.96	%		2.81	%		2.77	%			3.02	%		2.69	%
Net interest spread (4)		2.48	%		2.46	%		2.40	%		2.20	%		2.17	%			2.45	%		2.07	%
Noninterest income to average assets (5)		0.61	%		0.66	%		0.59	%		0.62	%		0.91	%			0.62	%		0.82	%
Noninterest expense to average assets		2.98	%		3.03	%		2.95	%		2.98	%		3.06	%			2.99	%		3.04	%
Efficiency ratio (6)		83.96	%		84.28	%		85.03	%		89.37	%		85.33	%			84.41	%		88.61	%
Earnings (loss) on average assets (7)		0.37	%		0.45	%		0.29	%		-0.15	%		0.44	%			0.37	%		0.30	%
Earnings (loss) on average equity (8)		3.73	%		4.53	%		2.90	%		-1.53	%		4.46	%			3.72	%		3.18	%
Asset Quality Ratios:
Nonaccrual loans to loans (9)		1.15	%		1.09	%		1.30	%		1.31	%		0.95	%			1.15	%		0.95	%
Nonperforming assets to total assets (10)		0.92	%		0.87	%		1.04	%		1.04	%		0.75	%			0.92	%		0.75	%
Nonaccrual loans, modified loans to borrowers experiencing
financial difficulty, loans 90 days or more past due and still accruing to total loans		2.00	%		1.94	%		2.20	%		2.36	%		2.38	%			2.00	%		2.38	%
Nonaccrual loans, OREO, modified loans to borrowers
experiencing financial difficulty, loans 90 days or more past due and still accruing to total assets		1.60	%		1.54	%		1.77	%		1.89	%		1.87	%			1.60	%		1.87	%
Allowance for credit losses on loans to total loans (9)		1.23	%		1.20	%		1.30	%		1.27	%		1.33	%			1.23	%		1.33	%
Allowance for credit losses on loans to nonaccrual loans,
modified loans to borrowers experiencing financial difficulty loans and loans 90 days or more past due and still accruing (9)		61.30	%		61.87	%		59.08	%		53.87	%		55.78	%			61.30	%		55.78	%
Net charge-offs (recoveries) annualized
to average loans (9)		0.01	%		0.47	%		-0.06	%		0.85	%		0.00	%			0.14	%		-0.01	%
Capital Ratios:
Total equity to total assets		9.85	%		9.81	%		9.68	%		9.77	%		9.77	%			9.85	%		9.77	%
Total risk-based capital ratio		14.11	%		13.84	%		13.53	%		13.67	%		13.90	%			14.11	%		13.90	%
Tier 1 risk-based capital ratio		11.34	%		11.10	%		10.80	%		10.94	%		11.15	%			11.34	%		11.15	%
Leverage capital ratio		9.04	%		8.95	%		8.83	%		8.80	%		8.88	%			9.04	%		8.88	%
Other Data:
Number of employees (full-time equivalent)		142			142			141			142			143				142			143
Number of banking facilities		9			9			9			9			9				9			9
(1) Noninterest income includes gains and losses on securities.
(2) Tangible book value per share is the stockholder equity less the carrying value of the preferred stock and less the goodwill and intangible assets, divided by the total shares of common outstanding. Book value per share is the stockholder equity less the liquidation preference of the preferred stock, divided by the total shares of common outstanding. Both book value measures are reported inclusive of the net deferred tax assets. As presented here, shares of common outstanding excludes unvested restricted stock awards.
(3) Net interest margin is the ratio of net interest income to average interest-earning assets.
(4) Net interest spread is the yield on average interest-earning assets less the rate on average interest-bearing liabilities.
(5) Noninterest income to average assets excludes gains and losses on securities.
(6) The efficiency ratio is noninterest expense divided by the sum of net interest income plus noninterest income, excluding gains and losses on securities.
(7) Earnings on average assets are net income divided by average total assets.
(8) Earnings on average equity are net income divided by average stockholders’ equity.
(9) Excludes loans held for sale.
(10)Nonperforming assets includes nonaccrual loans, nonaccrual securities, and other real estate owned.

CIB MARINE BANCSHARES, INC.
Consolidated Balance Sheets (unaudited)
	September 30,			June 30,			March 31,			December 31,			September 30,
		2026			2026			2026			2025			2025
	(Dollars in Thousands, Except Shares)
Assets
Cash and due from banks	$	6,258		$	8,893		$	9,584		$	8,102		$	19,016
Securities available for sale		122,863			122,235			118,436			121,110			126,017
Equity securities at fair value		2,101			2,184			2,193			2,209			2,197
Loans held for sale		3,434			7,976			6,160			8,640			7,287
Loans		650,954			659,768			669,543			666,199			655,620
Allowance for credit losses on loans		(7,987	)		(7,903	)		(8,696	)		(8,465	)		(8,721	)
Net loans		642,967			651,865			660,847			657,734			646,899
Federal Home Loan Bank stock		2,264			2,707			2,707			2,567			2,195
Premises and equipment, net		1,633			1,646			1,610			1,675			1,731
Accrued interest receivable		2,935			2,798			2,890			2,763			2,803
Deferred tax assets, net		12,030			11,503			11,589			11,440			11,745
Other real estate owned, net		–			–			–			–			–
Bank owned life insurance		6,809			6,752			6,695			6,641			6,589
Goodwill and other intangible assets		64			64			64			64			64
Other assets		9,543			9,575			10,015			10,359			10,217
Total assets	$	812,901		$	828,198		$	832,790		$	833,304		$	836,760
Liabilities and Stockholders’ Equity
Deposits:
Noninterest-bearing demand	$	87,229		$	88,840		$	86,243		$	85,637		$	95,307
Interest-bearing demand		77,072			82,241			91,209			86,577			107,512
Savings		254,953			233,642			232,493			218,515			222,450
Time		252,421			261,910			267,404			269,885			276,809
Total deposits		671,675			666,633			677,349			660,614			702,078
Short-term borrowings		39,366			57,992			52,462			68,022			29,458
Long-term borrowings		9,820			9,812			9,803			9,795			9,787
Accrued interest payable		1,189			1,335			1,237			1,468			1,456
Other liabilities		10,786			11,181			11,292			11,991			12,192
Total liabilities		732,836			746,953			752,143			751,890			754,971
Stockholders’ Equity
Preferred stock, $1 par value; 5,000,000 authorized shares at both September 30, 2026 and December 31, 2025; 7% fixed rate noncumulative perpetual issued; zero shares of series A and zero shares of series B convertible		–			–			–			–			–
Common stock, $1 par value; 75,000,000 authorized shares; 1,401,541 and 1,385,842 issued shares; 1,319,357 and 1,335,390 outstanding shares at September 30, 2026 and December 31, 2025, respectively (1)		1,402			1,402			1,398			1,386			1,386
Capital surplus		182,391			182,283			182,175			182,087			182,003
Accumulated deficit		(95,639	)		(96,406	)		(97,321	)		(97,907	)		(97,591	)
Accumulated other comprehensive income (loss), net		(5,091	)		(3,036	)		(2,765	)		(2,371	)		(2,808	)
Treasury stock, 82,906 shares on September 30, 2026 and 51,174 shares December 31, 2025 (2)		(2,998	)		(2,998	)		(2,840	)		(1,781	)		(1,201	)
Total stockholders’ equity		80,065			81,245			80,647			81,414			81,789
Total liabilities and stockholders’ equity	$	812,901		$	828,198		$	832,790		$	833,304		$	836,760
(1) Both issued and outstanding shares as stated here exclude 41,184 shares and 43,054 shares of unvested restricted stock awards at September 30, 2026 and December 31, 2025, respectively.
(2) Treasury stock includes 722 shares held by subsidiary bank CIBM Bank.

CIB MARINE BANCSHARES, INC.
Consolidated Statements of Operations (Unaudited)
	At or for the
	Quarters Ended																9 Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,				September 30,			September 30,
		2026			2026			2026			2025			2025				2026			2025
	(Dollars in thousands)
Interest Income
Loans	$	9,535		$	9,463		$	9,323		$	9,480		$	9,347			$	28,321		$	28,623
Loans held for sale		84			78			87			168			123				249			409
Securities		1,225			1,170			1,152			1,200			1,229				3,547			3,565
Other investments		27			28			24			33			81				79			141
Total interest income		10,871			10,739			10,586			10,881			10,780				32,196			32,738
Interest Expense
Deposits		4,324			4,180			4,185			4,660			4,772				12,689			14,596
Short-term borrowings		371			437			456			427			302				1,264			1,431
Long-term borrowings		121			122			119			121			122				362			362
Total interest expense		4,816			4,739			4,760			5,208			5,196				14,315			16,389
Net interest income		6,055			6,000			5,826			5,673			5,584				17,881			16,349
Provision for (reversal of) credit losses		73			(26	)		268			1,174			(90	)			315			(39	)
Net interest income after provision for
(reversal of) credit losses		5,982			6,026			5,558			4,499			5,674				17,566			16,388
Noninterest Income
Deposit service charges		56			46			43			62			62				145			186
Other service fees		(14	)		(11	)		(10	)		(10	)		(7	)			(35	)		(26	)
Mortgage banking revenue, net		874			1,072			820			1,021			1,483				2,766			4,047
Other income		242			208			173			178			239				623			695
Net gain (loss) on sale of securities available for sale		0			0			0			(10	)		0				0			0
Unrealized gain (loss) recognized on equity securities		(82	)		(9	)		(16	)		11			21				(107	)		64
Net gain on sale of SBA loans		87			31			168			40			110				286			271
Net gain on sale of assets and (writedowns)		0			0			0			0			0				0			(12	)
Total noninterest income		1,163			1,337			1,178			1,292			1,908				3,678			5,225
Noninterest Expense
Compensation and employee benefits		3,801			3,800			3,726			3,833			4,047				11,327			12,173
Equipment		517			510			521			589			577				1,548			1,719
Occupancy and premises		521			524			571			537			514				1,616			1,582
Data Processing		244			213			218			215			243				675			676
Federal deposit insurance		123			125			134			119			138				382			368
Professional services		223			236			178			169			205				637			701
Telephone and data communication		73			69			65			73			65				207			174
Insurance		81			54			94			71			92				229			231
Other expense		546			660			462			617			494				1,668			1,435
Total noninterest expense		6,129			6,191			5,969			6,223			6,375				18,289			19,059
Income (loss) from operations
before income taxes		1,016			1,172			767			(432	)		1,207				2,955			2,554
Income tax expense (benefit)		249			257			181			(115	)		299				687			657
Net income (loss)		767			915			586			(317	)		908				2,268			1,897
Net income (loss) allocated to
common stockholders	$	767		$	915		$	586		$	(317	)	$	908			$	2,268		$	1,897

CIB MARINE BANCSHARES, INC.
Credit Quality Indicators (unaudited)
	At September 30, 2026
	Pass		Special Mention		Substandard		Doubtful		Total Loans
	(Dollars in thousands)
Commercial	$	68,883	$	2,976	$	20,193	$	–	$	92,052
Commercial real estate:
Owner Occupied		76,863		7,472		5,630		0		89,965
Non-owner Occupied		240,668		0		13,912		0		254,580
Construction and Development		26,386		0		5,323		0		31,709
Residential Real Estate:
Owner Occupied		143,490		101		166		0		143,757
Non-owner Occupied		17,691		0		0		0		17,691
Home equity		18,947		241		437		0		19,625
Purchased home equity pools		157		0		0		0		157
Other consumer		739		1		0		0		741
	$	593,823	$	10,792	$	45,661	$	0		650,275
Deferred loan costs										679
Total									$	650,954
Combined total classified Special Mention, Substandard and Doubtful									$	56,452
	At December 31, 2025
	Pass		Special Mention		Substandard		Doubtful		Total Loans
	(Dollars in thousands)
Commercial	$	82,314	$	7,892	$	8,280	$	–	$	98,486
Commercial real estate:
Owner Occupied		82,261		1,001		5,492		0		88,753
Non-owner Occupied		252,380		6,794		2,001		0		261,175
Construction and Development		21,325		4,262		0		0		25,587
Residential Real Estate:
Owner Occupied		152,099		322		428		0		152,849
Non-owner Occupied		18,312		0		0		0		18,312
Home equity		19,000		325		538		0		19,862
Purchased home equity pools		186		0		0		0		186
Other consumer		22		1		0		0		23
	$	627,899	$	20,597	$	16,738	$	0		665,233
Deferred loan costs										966
Total									$	666,199
Combined total classified Special Mention, Substandard and Doubtful									$	37,335

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

Reference is made to the announcement published 20 October 2026. All capitalised terms used and not otherwise defined herein shall have the meanings assigned thereto in the announcement unless the context otherwise requires. Tryg Forsikring A/S (the “Issuer”) has now determined the purchase price for the contemplated purchase of some or all of the outstanding SEK 1,300,000,000 Floating Rate Tier 2 Capital Notes, ISIN DK0030488101 (the “Existing Notes”). The purchase price will be 100.042 per cent. of their Outstanding Principal Amount (as defined in the terms and conditions of the Existing Notes) at the date of settlement of the purchase together with any accrued and unpaid interest to (but excluding) the date of settlement of the purchase. The Issuer’s purchase of the Existing Notes is conditional upon certain Purchase Conditions, among other things, the successful completion of the issuance and settlement of the Notes.

Additional information:
For further information, visit tryg.com or contact:
Head of Financial Reporting, Gianandrea Roberti at +45 20 18 82 67 or gianandrea.roberti@tryg.dk
Head of Investor Relations, Robin H. Løfgren at +45 41 86 25 88 or robin.loefgren@tryg.dk

This announcement is for information purposes only and is not intended to, and does not, constitute or form part of any offer, invitation or solicitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities or otherwise in any jurisdiction in which such offer, invitation or solicitation is unlawful.

This announcement does not constitute a prospectus, prospectus equivalent document or an exempted document.

Attachment

• Tryg Forsikring AS Purchase Price Announcement

Long-standing strategic technology partnership reinforces SCHMID’s position in advanced electronics manufacturing

FREUDENSTADT, Germany, Oct. 21, 2026 (GLOBE NEWSWIRE) — SCHMID Group N.V. (NASDAQ: SHMD) (the “Company” or “SCHMID”), a leading global provider of advanced manufacturing equipment and solutions for the electronics industry, today announced that it has reached an agreement with one of its key customers and long-standing technology partners on a significant equipment order valued at more than €25 million to support the expansion of advanced High-Density Interconnect (HDI) manufacturing capacity in Malaysia.

The agreement represents another important milestone in a well-established technology partnership and reflects the continued confidence of leading global electronics manufacturers in SCHMID’s equipment solutions, process expertise and ability to support complex industrial expansion projects.

The planned capacity expansion addresses the increasing technological requirements of next-generation electronic applications, where higher interconnect density, greater manufacturing precision and consistent production quality are becoming increasingly important.

SCHMID will support the project with its advanced manufacturing technologies and extensive process know-how, enabling the customer to expand its production capabilities while maintaining the demanding quality and reliability standards required for high-volume manufacturing.

Executive Statement – Roland Rettenmeier, Chief Sales Officer (CSO) of SCHMID Group, commented:

“This significant agreement reflects the strength of our long-standing technology partnership and the continued confidence of leading industry players in SCHMID’s capabilities.

We are proud to support our customer’s expansion of advanced HDI manufacturing capacity in Malaysia. The project underlines the competitiveness of our technology, our ability to support demanding industrial-scale manufacturing requirements, and the value of close, long-term collaboration with our strategic customers.

It also reinforces SCHMID’s position as a trusted technology partner in the global advanced electronics industry.”

Strengthening SCHMID’s Position in Advanced Electronics Manufacturing

The agreement further highlights SCHMID’s participation in the ongoing expansion of advanced electronics manufacturing capacity across Southeast Asia, an increasingly important region within the global semiconductor and high-performance electronics supply chain.

With its established global customer relationships, advanced process technologies and comprehensive manufacturing expertise, SCHMID remains well positioned to support the industry’s transition towards increasingly sophisticated interconnect architectures and higher-density electronic applications.

About the SCHMID Group

The SCHMID Group is a global leader in providing advanced equipment and process solutions for the high-tech industry, with a strong focus on electronics and semiconductor-related applications. Headquartered in Freudenstadt, Germany, and founded in 1864, SCHMID employs more than 800 people worldwide and operates technology centers and manufacturing facilities in Germany and China, as well as sales and service locations globally.

SCHMID develops customized systems and process solutions for the production of substrates, printed circuit boards and other electronic components. Its portfolio addresses a range of high-growth applications, including advanced packaging, semiconductor-related technologies, AI-driven electronics, printed circuit boards, substrates and glass-based technologies.

SCHMID’s solutions enable customers to achieve high technology levels, high yields, low production costs, maximum efficiency, quality, and sustainability in advanced manufacturing processes.

For more information about the SCHMID Group, please visit www.schmid-group.com or contact investor-relations@schmid-group.com.

Contact

Press@schmid-group.com

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:	Man Group PLC
(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	Gamma Communications 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	20/10/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?	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:	0.25p ordinary
	Interests		Short positions
	Number	%	Number	%
(1)   Relevant securities owned and/or controlled:
(2)   Cash-settled derivatives:	1,252,808	1.40
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,252,808	1.40

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

Purchase/sale

Number of securities

Price per unit

(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
0.25p ordinary	Equity swap	Reducing a long position	3,720	10.9107 GBP
0.25p ordinary	Equity swap	Reducing a long position	1,647	10.9028 GBP
0.25p ordinary	Equity swap	Reducing a long position	1,615	10.9004 GBP
0.25p ordinary	Equity swap	Reducing a long position	652	10.9076 GBP
0.25p ordinary	Equity swap	Reducing a long position	443,194	10.9000 GBP
0.25p ordinary	Equity swap	Increasing a long position	443,194	10.9000 GBP
0.25p ordinary	Equity swap	Reducing a long position	318,742	10.9000 GBP
0.25p ordinary	Equity swap	Increasing a long position	318,742	10.9000 GBP

        
(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:

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:

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	21/10/2026
Contact name:	Molly Childs
Telephone number:	+44 20 7144 3714

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.

#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:	Man Group PLC
(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	Rotork 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	20/10/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?	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:	0.5p ordinary
	Interests		Short positions
	Number	%		Number	%
(1)   Relevant securities owned and/or controlled:
(2)   Cash-settled derivatives:	15,519,227	1.89		11,213	0.00
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	15,519,227	1.89		11,213	0.00

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

Purchase/sale

Number of securities

Price per unit

(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
0.5p ordinary	Equity swap	Increasing a long position	3,593	4.9236 GBP
0.5p ordinary	Equity swap	Increasing a long position	1,518	4.9255 GBP

(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:

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:

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	21/10/2026
Contact name:	Molly Childs
Telephone number:	+44 20 7144 3714

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.

NVIDIA DSX Enables European Companies to Reduce Water Consumption for Cooling by up to 100% and Generate the Same AI Output With up to 30% Less Power

News Summary: 

• NVIDIA DSX reference designs use closed-loop liquid cooling and dry coolers to enable near-zero facility cooling water consumption, with potential savings of 54 million liters a day for a 2-gigawatt deployment — equivalent to the daily water use of 180,000 households.
• AI clouds in Europe are building and operating NVIDIA DSX-based AI factories, expanding access to accelerated computing for the continent’s enterprises, developers and governments.
• NVIDIA DSX MaxLPS software helps operators use up to 30% less power to generate the same number of tokens, with CoreWeave, Firmus, Google Cloud, IREN, Lambda, Nebius, Nscale and Sharon AI planning to use the technology, while DSX Flex software turns AI factories into flexible power loads to support grid reliability and enable faster grid connection.
• NVIDIA SimReady Central, a hub for simulation-ready digital models of physical equipment, launches on Hugging Face with validated power and cooling assets, helping operators build and simulate DSX AI factory digital twins faster.
• New NVIDIA DSX OS open source software automates infrastructure lifecycle and improves health automation as well as resiliency capabilities to help operators run AI factories at scale.
• An expanding ecosystem — including technology and industrial AI leaders AVEVA, Dassault Systèmes and Siemens, and energy and cooling providers ABB, Eaton, GE Vernova, Hitachi Energy, Schneider Electric, Siemens Energy, Trane Technologies and Vertiv — is connecting AI factory design, power, cooling and operations to support Europe’s accelerated computing buildout.

BERLIN, Oct. 21, 2026 (GLOBE NEWSWIRE) — GTC Berlin — NVIDIA today announced that Europe’s leading ecosystem partners are adopting the NVIDIA DSX™ AI Factory Platform to build AI factories that minimize water consumption for cooling and use less power for the same AI output. The platform also helps partners bring new capacity online faster and adapt workload power consumption to support grid reliability.  

NVIDIA DSX is a full-stack AI factory reference architecture, co-innovated with the world’s leading infrastructure companies. Compute, networking, storage, software, power and cooling are codesigned as one system — optimized from design to operation. 

AI clouds and leading design, construction, energy and cooling providers are using DSX to build and operate infrastructure serving Europe’s enterprises, developers and governments.

“Europe’s technology leadership depends on how efficiently we turn power and infrastructure into intelligence,” said Warren Barkley, vice president of DSX product management at NVIDIA. “NVIDIA DSX brings together the technologies and ecosystem expertise operators need to build responsibly, operate efficiently at scale and bring intelligence to the market faster.”

The NVIDIA DSX platform includes DSX MaxLPS™ for dynamic power allocation, DSX Flex for coordinating workload power consumption with grid conditions, DSX Reference Design for validated infrastructure architectures, DSX Sim™ for simulation, DSX OS™ for infrastructure management and DSX Exchange™ for connecting computing and facility systems. These technologies help operators design, deploy and run AI factories that save valuable resources. 

NVIDIA DSX Rethinks Cooling
Conventional cooling towers remove heat by evaporating water, requiring a continual supply of replacement water. NVIDIA DSX reference designs connect liquid-cooled computing with dry-cooler-based heat rejection that avoids evaporation: Cooling liquid absorbs heat from computing equipment and circulates in a closed loop, while outdoor dry coolers, similar to large radiators, release that heat into the air without evaporating water.

NVIDIA Vera Rubin infrastructure supports 100% liquid cooling with coolant temperatures of up to 45 degrees Celsius. With dry-cooler-based designs, this architecture can reduce facility cooling water consumption to near zero. At 2-gigawatt scale, NVIDIA DSX can save 54 million liters of water a day compared with conventional cooling-tower-based systems — equivalent to the daily water use of 180,000 households. Local climate determines whether supplemental mechanical cooling is needed during the hottest periods.

Delivering the Same AI Output With Less Power
Power availability defines how much capacity operators can bring online. DSX MaxLPS and DSX Flex address this constraint.

DSX MaxLPS dynamically allocates power within an AI factory’s provisioned budget, helping operators generate the same number of tokens with up to 30% less power. Operators can also use this efficiency to support more GPU capacity and higher throughput within existing power budgets. CoreWeave, Firmus, Google Cloud, IREN, Lambda, Nebius, Nscale and Sharon AI are exploring the software.

In a proof of concept across NVIDIA HGX™ B200 systems with DSX MaxLPS, Lambda demonstrated 24% more cluster token throughput and 19% more GPU capacity within a fixed power budget.

Coordinating AI Factory Power Demand With the Grid
DSX Flex helps AI factories become flexible assets for the power grid, enabling operators to adapt workload power consumption to utility needs, demand-response events and energy prices. It can also coordinate electricity from the grid, onsite renewables and energy storage, helping AI factories operate as flexible power loads that support grid reliability and enable faster grid connection. 

In an early trial, Emerald AI, EPRI, Nebius, the U.K. National Grid and NVIDIA demonstrated reductions of up to 40% in the cluster’s power draw on an NVIDIA Blackwell Ultra GPU cluster in response to simulated grid events, while critical workloads continued running.

Nscale Advances AI Factory Efficiency With NVIDIA DSX
Using DSX MaxLPS, DSX Flex and DSX Sim, Nscale is demonstrating how the NVIDIA DSX platform connects power optimization, grid-responsive operations and design.

Based on an evaluation run in Nscale AI factory in Iceland, using DSX MaxLPS across four NVIDIA GB300 NVL72 racks, Nscale demonstrated 49% higher inference throughput and 37% more managed GPU capacity within the same 264-kilowatt provisioned power budget. The results demonstrate how dynamic power allocation can unlock additional capacity from existing infrastructure.

Nscale is also exploring DSX Flex to align workload power consumption with grid conditions. 

“Europe’s AI ambitions demand that we make every megawatt count,” said Josh Payne, founder and CEO of Nscale. “With NVIDIA DSX, we’re building AI factories that deliver more compute from available power, respond to grid conditions and move faster from design to deployment.”

For its facilities in Portugal and Iceland, Nscale is using DSX Sim to create digital twins that help evaluate power, cooling and infrastructure configurations before deployment. By validating designs virtually, Nscale can identify potential issues earlier, reduce deployment risk and accelerate the path from planning to productive capacity.

Accelerating AI Factory Design With DSX Sim and SimReady Central Library
NVIDIA is launching SimReady Central Library with validated power and cooling equipment assets from partners like Vertiv, accelerating the creation of DSX AI factory digital twins.

Used with DSX Sim, ecosystem partners including PTC are helping create these simulation-ready assets with computer-aided design to enable SimReady workflows that let builders model infrastructure configurations and evaluate power and cooling decisions before equipment is installed. Operators can validate designs earlier, reduce deployment risk and move faster from planning to construction.

Driving Production Readiness With NVIDIA DSX OS
To help operators turn installed infrastructure into productive capacity, NVIDIA is expanding its modular, open source DSX OS portfolio with three components in developer preview:

• NVIDIA Config Manager automates AI factory network configuration.
• NVIDIA Rack Management Service provides rack-level power, inventory, firmware and switch management.
• NVIDIA Cluster Readiness Engine runs distributed workloads to validate GPU clusters before production workloads arrive and isolate failures to specific nodes.

Together with NVIDIA Infrastructure Controller, NVIDIA AI Cluster Runtime and NVSentinel, these components help operators automate infrastructure lifecycle management, maintain consistent runtime environments and strengthen health validation, fault attribution and recovery.

Cloud partners including Aleria, Cassava, CoreWeave, Crusoe, Firmus, Firebird, G42, GMI Cloud, IREN, Lambda, Nebius, Nscale, Radiant, Sharon AI and Volta are exploring the latest components of NVIDIA DSX OS to automate infrastructure lifecycle management, and improve resiliency and reliability.

Connecting Design, Power and Cooling Across Europe’s AI Factory Ecosystem
NVIDIA’s industrial software, power and cooling partners are advancing Europe’s AI factory buildout with DSX reference designs, lifecycle digital twins and qualified equipment that connect facility infrastructure with accelerated computing.

• Schneider Electric has developed power and cooling reference designs for NVIDIA Vera Rubin infrastructure and is working with AVEVA on digital twins spanning infrastructure design, construction and operations. 
• Procore is helping manage AI factory builds with its construction management platform, integrated with DSX Sim. 
• Siemens is using DSX Sim to simulate power, cooling and acoustics, while Dassault Systèmes and Vertiv are developing digital twin models of Vertiv’s OneCore infrastructure, enabling simulation and optimization through model-based systems engineering.
• ABB is developing SimReady assets with NVIDIA DSX Sim, enabling engineers to evaluate source-to-rack architectures before construction while advancing 800 VDC development through its newly announced Infinitus Direct Current portfolio.

Partners are also delivering coordinated power and cooling infrastructure aligned with DSX reference designs. Trane Technologies and Eaton recently collaborated with NVIDIA to help boost data center efficiency and cut installation costs with an integrated design built for the NVIDIA Vera Rubin DSX AI Factory Reference Design, bringing together Eaton’s Beam platform and power infrastructure with Trane Continuum cooling and coordinated controls in a grid-to-chip architecture.

Trane Technologies has published seven thermal management system reference designs, including three 250-megawatt DSX-based cooling reference designs to support thermal infrastructure planning at scale.

Through the NVIDIA DSX Ready program, builders can select equipment qualified under applicable DSX categories. Trane Technologies’ LiquidStack GigaModular and Vertiv’s 2.3-megawatt CoolChip — both coolant distribution units — have qualified under their applicable categories, while Hitachi Energy’s battery energy storage system has earned NVIDIA DSX Ready BESS qualification.

For energy supply and grid integration, GE Vernova, Hitachi Energy and Siemens Energy are collaborating with NVIDIA on power infrastructure and digital twin initiatives that connect energy-system engineering and grid planning based on the facility’s requirements. Hitachi Energy is developing an integration between its energy management system and DSX Flex to optimize grid, generation and storage resources with workload demand.

Watch the GTC Berlin keynote from NVIDIA founder and CEO Jensen Huang and explore sessions.

About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing. 

For further information, contact:
Kristin Uchiyama
Corporate Communications
NVIDIA Corporation
press@nvidia.com  

Certain statements in this press release including, but not limited to, statements as to: expectations with respect to growth, performance, availability, and benefits of NVIDIA’s products, services and technologies, and related trends and drivers; expectations with respect to NVIDIA’s third party arrangements, including with its collaborators and partners, and related deployments and timing; expectations with respect to technology developments, and related trends and drivers; projected market growth and trends; expectations with respect to AI and related industries; and other statements that are not historical facts are 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, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing products and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; NVIDIA’s ability to realize the potential benefits of business investments or acquisitions; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on NVIDIA’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. 

Many of the products and features described herein remain in various stages and will be offered on a when-and-if-available basis. The statements above are not intended to be, and should not be interpreted as a commitment, promise, or legal obligation, and the development, release, and timing of any features or functionalities described for our products is subject to change and remains at the sole discretion of NVIDIA. NVIDIA will have no liability for failure to deliver or delay in the delivery of any of the products, features or functions set forth herein.

© 2026 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, and other NVIDIA product and service names are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries and regions. Other company, product, and service names may be trademarks of the respective companies with which they are associated.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9ff4492c-3cd2-4987-aa36-a96a00eb56b4

Factory-Built With a Global Ecosystem Including Bull, Dell Technologies, HPE, Lenovo, Schneider Electric and Vertiv, the New Reference Design Speeds Infrastructure Deployment From Months to Weeks, Accelerating Time to First Production Tokens

News Summary:

• NVIDIA introduces DSX POD, a reference design for complete Vera Rubin AI factories built by partners in modular containers, integrated and validated before delivery.
• Factory-built units reduce deployment time at a prepared site from six months to as little as 14 days, helping customers begin generating production tokens and earning revenue sooner.
• A global ecosystem of computing and infrastructure partners are working with NVIDIA to deliver modular AI factories worldwide in early 2027.

BERLIN, Oct. 21, 2026 (GLOBE NEWSWIRE) — GTC Berlin — NVIDIA today introduced DSX POD, a reference design for complete NVIDIA Vera Rubin AI factories built by partners inside modular containers, integrated and validated before delivery. The units arrive ready to connect out of the box to a prepared site’s power, cooling, networking and other supporting infrastructure, reducing deployment time from six months to as little as 14 days.

DSX POD moves the integration and installation of computing, networking, cabling, rack-level power and liquid cooling to the manufacturing facility, reducing the extensive planning, construction, specialized labor and logistics of a traditional onsite build. Factory-tested containers reduce exposure to component delays and costly, error-prone onsite work, creating a shorter path to model training and production inference so customers can begin generating tokens and earning revenue sooner.

“An AI factory creates value when it starts producing tokens — not when construction is complete,” said Jensen Huang, founder and CEO of NVIDIA. “With NVIDIA DSX POD, we’re bringing factory-built precision and speed to AI infrastructure construction — reducing deployment time from months to weeks so customers can scale capacity and bring revenue-generating production online faster.”

Factory-Built Infrastructure
NVIDIA DSX POD brings Vera Rubin systems together with the infrastructure needed to operate them in repeatable, factory-built, containerized designs that partners can manufacture and deliver at scale.

It carries forward the design philosophy of the broader NVIDIA DSX™ infrastructure platform, with a distinct architecture that integrates and validates systems in purpose-built containers before transport and deployment. Partners complete rack-to-rack cabling, wiring, piping and functional validation before shipment. This work takes place separately from site preparation, further shortening the time needed to bring new capacity online.

That earlier start to production is the link between deployment speed and economics. Time to first token marks when a new AI factory begins running models to serve production workloads, giving operators the opportunity to put their infrastructure to work for customers sooner.

Global Partner Ecosystem and Availability
NVIDIA is working with Anduril, Armada, Bull, Crusoe, DayOne, Dell Technologies, Delta, Eaton, Foxconn (Ingrasys), GIGABYTE, HPE, Lenovo, Pegatron, Quanta Cloud Technology (QCT), Schneider Electric, Vertiv and Wistron to deliver DSX POD AI factories worldwide in early 2027.

Watch the GTC Berlin keynote from Huang and explore sessions.

About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

For further information, contact:
Corporate Communications
NVIDIA Corporation
press@nvidia.com

Certain statements in this press release including, but not limited to, statements as to: expectations with respect to growth, performance, availability, and benefits of NVIDIA’s products, services and technologies, including DSX POD’s ability to accelerate AI factory deployment and production inference and support customers’ AI capacity, profitability and revenue growth; expectations with respect to NVIDIA’s third party arrangements, including with its collaborators and partners; expectations with respect to technology developments, and related trends and drivers; projected market growth and trends; expectations with respect to AI and related industries; and other statements that are not historical facts are 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, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing product and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2026 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, and other NVIDIA product and service names are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries and regions. Other company, product, and service names may be trademarks of the respective companies with which they are associated.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8efda66-775f-4fec-838f-aa669d9f1c93

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:	Man Group PLC
(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	Vesuvius 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	20/10/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?	YES Offeror: RHI Magnestia N.V.

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:	10p ordinary
	Interests		Short positions
	Number	%	Number	%
(1)   Relevant securities owned and/or controlled:	13,379,609	5.39
(2)   Cash-settled derivatives:	990,673	0.39	499,224	0.20
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	14,370,282	5.79	499,224	0.20

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	Purchase/sale	Number of securities	Price per unit
10p ordinary	Sale	113,307	4.6320 GBP

(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
10p ordinary	Equity Swap	Reducing a short position	4,488	4.6400 GBP
10p ordinary	Equity Swap	Increasing a short position	4,488	4.6400 GBP
10p ordinary	Equity Swap	Reducing a short position	192,477	4.6400 GBP
10p ordinary	Equity Swap	Increasing a short position	192,477	4.6400 GBP
10p ordinary	Equity Swap	Reducing a short position	265,884	4.6400 GBP
10p ordinary	Equity Swap	Increasing a short position	265,884	4.6400 GBP
10p ordinary	Equity Swap	Reducing a short position	12,573	4.6400 GBP
10p ordinary	Equity Swap	Increasing a short position	12,573	4.6400 GBP
10p ordinary	Equity Swap	Reducing a short position	23,802	4.6400 GBP
10p ordinary	Equity Swap	Increasing a short position	23,802	4.6400 GBP

        
(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:

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:

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	21/10/2026
Contact name:	Molly Childs
Telephone number:	+44 20 7144 3714

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.