• PMS is a severely disabling genetic disorder related to autism
  • U.S. prevalence is estimated at approximately 1 in 7,300 people
  • HOPE-2 is partially funded through Oryzon’s VANDAM project under Med4Cure, an Important Project of Common European Interest (IPCEI) on Health
  • The study is being advanced in collaboration with the Spanish Phelan–McDermid Syndrome Association

MADRID and CAMBRIDGE, Mass., Sept. 28, 2026 (GLOBE NEWSWIRE) — Oryzon Genomics, S.A. (ISIN Code: ES0167733015, ORY), a clinical-stage biopharmaceutical company and a global leader in epigenetics, today announced that the European Medicines Agency (EMA) has authorized its Clinical Trial Application (CTA) to initiate a Phase II study to evaluate vafidemstat for the treatment of Phelan-McDermid Syndrome (PMS).

The study, named HOPE-2, is a single-center, single-arm, open-label Phase IIa study that will enroll 12 adult patients with Phelan-McDermid Syndrome, a genetic disease associated with autism spectrum disorder (ASD). The primary objective of the study is to evaluate the safety and tolerability of vafidemstat. Secondary objectives include assessing the effect of vafidemstat on anger and aggression, measured by the Aberrant Behavior Checklist (ABC) Irritability Subscale and the Clinical Global Impression of Severity – Anger and Aggression (CGI-S A/A), as well as the efficacy of vafidemstat in the treatment of overall disease in adults with PMS, measured by the Repetitive Behavior Scale-Revised (RBS-R), the Phelan-McDermid Syndrome Assessment of Severity (PMSA-S), and the ABC Subscales: Stereotypic Behaviour, Hyperactivity/Non-compliance, Inappropriate Speech, and Social Withdrawal. Vafidemstat will be administered for 12 weeks. After the first 12 weeks of treatment, the Investigator will assess whether the participant may continue treatment through week 24 based on clinical benefit.

PMS is a highly disabling neurodevelopmental disorder caused by deletions or pathogenic mutations in the SHANK3 gene. It is characterized by varying degrees of developmental delay, intellectual disability, delayed or absent speech, and autism spectrum disorder or symptoms of autism. Despite the high prevalence and substantial burden of aggression in PMS, there are no approved pharmacologic treatments for PMS or specifically targeting aggression in PMS. As a result, aggression is often managed off-label with medications that have limited efficacy and significant safety concerns.

“The initiation of the HOPE-2 study bolsters our strategy to expand the applicability of vafidemstat in CNS indications,” said Rolando Gutierrez-Esteinou, MD, Oryzon’s Chief Medical Officer for CNS. “Vafidemstat is the only LSD1 inhibitor in clinical development for Central Nervous System disorders, with a potent and unique mechanism of action that modulates transcriptional programs involved in neural plasticity, neuroinflammation and neuronal excitability. LSD1 inhibition has been shown to trigger a ‘reset’ of neuronal transcription and reverse social behavior and aggression phenotypes in ASD genetic models, including SHANK3-deficient mice. These preclinical findings and the clinical results observed in the REIMAGINE Phase IIa trial in ASD patients lead us to believe vafidemstat has unique potential to provide a promising treatment option for Phelan-McDermid Syndrome.”

Oryzon will collaborate with the Spanish Phelan-McDermid Syndrome Association to support the identification of potential participants for the HOPE-2 study.

“The approval of the HOPE-2 study is very important news for our families. Knowing that a potential treatment is being investigated to help manage agitation or aggressive behavior gives us great hope. We would like to thank the Oryzon team for involving us in this process from the outset. For us, it is essential to feel that we are part of these advances and to be able to contribute, drawing on our experience, to help research continue moving forward. We hope this study will bring us closer to new options that can improve the quality of life of our children,” said Norma Alhambra, President of the Spanish Phelan-McDermid Syndrome Association.

The HOPE-2 study will be conducted in Spain, as part of Oryzon’s VANDAM project. VANDAM, which is part of the Med4Cure Important Project of Common European Interest (IPCEI) on Health, has received funding from the Spanish Ministry of Science, Innovation and Universities and the Centre for the Development of Industrial Technology and Innovation (CDTI), under the Recovery, Transformation and Resilience Plan, funded by the European Union – NextGenerationEU.

About Oryzon
Founded in 2000 and headquartered in Barcelona, Spain, Oryzon (ISIN: ES0167733015) is a clinical-stage biopharmaceutical company and a European leader in epigenetics, with a strong focus on personalized medicine for central nervous system (CNS) disorders and oncology. Oryzon’s team comprises highly experienced pharmaceutical professionals based in Barcelona, Boston, and New Jersey. The Company has an advanced clinical portfolio built around two LSD1 inhibitors: iadademstat, its oncology/hematology program, which is being evaluated in several ongoing Phase I and II studies and has demonstrated strong preliminary clinical activity in acute myeloid leukemia, including a 100% overall response rate (ORR) in first-line AML; and vafidemstat, its lead CNS program, which is Phase III–ready in borderline personality disorder (BPD). In addition, Oryzon is advancing a broader epigenetics pipeline targeting other mechanisms, including HDAC6, for which the Company has nominated ORY-4001 as a clinical candidate for potential development in Charcot–Marie–Tooth disease (CMT), amyotrophic lateral sclerosis (ALS), and other neurological disorders. The Company also operates a robust platform for biomarker identification and target validation across malignant and neurological diseases. For more information, visit www.oryzon.com.

About Vafidemstat 
Vafidemstat (ORY-2001) is an oral, CNS-optimized LSD1 inhibitor with potential to address neuropsychiatric disorders through epigenetic modulation. In preclinical studies, vafidemstat has demonstrated effects on cognition, neuroinflammation, aggression, and social behavior, as well as neuroprotective and anti-inflammatory activity across multiple CNS disease models. Oryzon has completed several Phase II clinical trials with vafidemstat, including the REIMAGINE and REIMAGINE-AD trials in aggression in patients with different psychiatric disorders and in aggressive/agitated patients with moderate or severe AD, respectively, with positive clinical results reported in both trials. Following completion of the global randomized double-blind Phase IIb PORTICO trial in borderline personality disorder (BPD), vafidemstat is advancing as a Phase III-ready asset for aggression in BPD (PhIII in preparation). Vafidemstat is also being evaluated in the ongoing double-blind, randomized, placebo-controlled Phase IIb EVOLUTION trial in negative symptoms of schizophrenia. In addition, Oryzon is deploying a CNS precision medicine approach with vafidemstat in genetically defined patient subpopulations of certain CNS disorders, as well as in neurodevelopmental syndromes, including the HOPE-2 clinical trial in Phelan-McDermid Syndrome.

FORWARD-LOOKING STATEMENTS  
This communication contains, or may contain, forward-looking information and statements about Oryzon, including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives, and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects,” “anticipates,” “believes,” “intends,” “estimates” and similar expressions. Although Oryzon believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of Oryzon shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Oryzon that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the documents sent by Oryzon to the Spanish Comisión Nacional del Mercado de Valores (CNMV), which are accessible to the public. Forward-looking statements are not guarantees of future performance and have not been reviewed by the auditors of Oryzon. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All subsequent oral or written forward-looking statements attributable to Oryzon or any of its members, directors, officers, employees, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statement above. All forward-looking statements included herein are based on information available to Oryzon on the date hereof. Except as required by applicable law, Oryzon does not undertake any obligation to publicly update or revise any forward‐looking statements, whether as a result of new information, future events, or otherwise. This document does not constitute an offer or invitation to purchase or subscribe shares in accordance with the provisions of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, and/or the restated text of the Securities Market Law, approved by Law 6/2023 of 17 March, and its implementing regulations. Nothing in this document constitutes investment advice. In addition, this document does not constitute an offer of purchase, sale or exchange, nor a request for an offer of purchase, sale or exchange of securities, nor a request for any vote or approval in any jurisdiction. The shares of Oryzon Genomics, S.A. may not be offered or sold in the United States of America except pursuant to an effective registration statement under the Securities Act of 1933 or pursuant to a valid exemption from registration.

Spain  Oryzon  IR & Media, Europe & US
Patricia Cobo/Mario Cordera  Emili Torrell  Sandya von der Weid 
Atrevia  Chief BD Officer  LifeSci Advisors, LLC 
+34 91 564 07 25 
+34 673 33 97 65 
+34 93 515 1313  +41 78 680 05 38  
pcobo@atrevia.com  
mcordera@atrevia.com  
etorrell@oryzon.com   svonderweid@lifesciadvisors.com  

Vancouver, British Columbia, Sept. 28, 2026 (GLOBE NEWSWIRE) — Fobi AI Inc. (TSXV: FOBI) (Pink: FOBIF) (the “Company” or “Fobi”) today provided a corporate update on its recently introduced Fobi Flywheel, its active legacy businesses and its intended strategic focus for the balance of 2026.

Since trading in the Company’s shares resumed, Fobi has introduced four products that form the Fobi Flywheel, the focus of its future development and commercial strategy. Fobi believes this product stack is timely as organizations seek to deploy AI securely and at scale. Each product addresses a distinct need independently; together, they connect sovereign AI, trusted identity, coordinated action and conversational access.

The Fobi Flywheel

FORTRESS is Fobi’s sovereign enterprise AI infrastructure, designed to bring intelligence to an organization’s data and workflows while supporting control over its information and deployment environment.

AltID 3.0 is Fobi’s identity and digital trust platform, designed around verified identity, continuous authentication, verified presence and security capabilities intended for the post quantum era.

FIXYR is Fobi’s intelligent communication and orchestration layer, designed to connect requests with the systems and processes needed to produce an outcome.

AgenticBrain is Fobi’s conversational interaction layer, designed to let people access services and complete authorized tasks through natural language and familiar communication channels.

Each Flywheel product is designed to serve customers independently, while the products can also be combined as needs expand. Fobi believes this flexibility can address more customer needs, deepen relationships and create a foundation for future growth. The Company intends to focus its development and commercial efforts on advancing the Flywheel and bringing its capabilities into customer deployments.

From Strategy to Working AI

AI is moving faster than many businesses can put it to work. The opportunity now is to turn AI strategy into secure solutions that operate in the real world and deliver measurable value. Fobi believes its connected product stack and delivery capabilities can help customers move from a defined business problem to a working deployment with speed and agility.

Fobi intends to work with customers through design, integration and deployment, using FORTRESS, AltID 3.0, FIXYR and AgenticBrain independently or together where each adds value. Customers can begin with one immediate need and expand across the Flywheel as requirements evolve, with the goal of delivering measurable outcomes across organizations and markets.

Going Long and Narrow

Fobi believes the opportunity ahead requires sustained execution across a carefully selected set of connected capabilities. Management therefore intends to concentrate its attention, development efforts, commercial resources and capital allocation on the Fobi Flywheel, its consultancy and deployment model, and the markets where the Company believes it can create the greatest value. This focused approach is intended to move Fobi from operating a collection of separate businesses toward building and commercializing one expanding ecosystem.

“Our established businesses continue to serve customers and generate revenue, and we will support them as we execute the transition,” said Rob Anson, President and CEO of Fobi AI. “Sovereign AI has become an immediate business need. Recent disclosures from Anthropic and OpenAI underscore the risks that emerge when AI agents access sensitive information and take action. We architected Fobi’s new products with these challenges in mind: enterprise control through FORTRESS, trusted identity through AltID, coordinated action through FIXYR and natural interaction through AgenticBrain. Each is designed to address a need independently, and together they are intended to give customers a more controlled path to deploy AI with confidence. Our focus now is to demonstrate these capabilities and move them into working deployments. We believe trust will determine which companies lead the next era of enterprise AI, and we are building Fobi for that moment.”

A Focused Transition from Established Businesses

Passwallet, Passworks and Qples remain live businesses serving customers and generating revenue. Fobi intends to continue supporting existing customers and fulfilling its obligations as it evaluates the best path for each business within its broader strategy.

Passwallet and Passworks. Both businesses remain active and continue serving customers. Fobi is currently developing a next generation wallet platform designed to support the current Fobi Flywheel and future capabilities as they are introduced.

Once that platform is complete and an appropriate customer transition can be arranged, the Company intends to pursue a sale of the existing Passwallet business. Fobi is also reviewing how Passworks and its customer relationships, capabilities and assets may support or transition within the Company’s focused strategy. No sale agreement has been entered into for Passwallet, and no transaction involving Passworks has been announced. The timing and terms of any transaction remain to be determined.

Qples. Fobi intends to explore a sale of the Qples business or a strategic joint venture that could include an equity interest. The Company will assess potential structures according to their ability to preserve or create value while allowing management to concentrate resources on the Fobi Flywheel. There can be no assurance that a transaction will result.

Management is targeting a transition of the legacy businesses and related assets by the end of 2026 where commercially practical. The timing and form of any transition will depend on customer continuity, market interest, negotiated terms and any required approvals. Until then, these businesses remain operational and continue to serve their customers.

Live Interactive Product Demo

Fobi will host a live interactive product demo on October 7, 2026, at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time). The session will give participants a direct look at the Fobi Flywheel and how its connected products are designed to work together. Fobi shareholders and other participants are asked to register for the live demo using this link: https://luma.com/qr1zmoft

New Website and Investor Pass

Fobi’s new website is now live at www.fobi.ai, bringing the Company’s evolving technology portfolio and strategic direction together in one place. The new Fobi Investor Pass is also ready for download, providing shareholders and prospective investors with a mobile way to stay connected to Company information and updates. Visit www.fobi.ai for details.

Fobi expects to share further developments ahead of its October 7 live demonstration and as the Flywheel advances. Four products have been introduced. Each stands on its own. As their connections come into focus, a larger opportunity begins to emerge.

About Fobi AI

Fobi AI Inc. (TSXV: FOBI, Pink: FOBIF) is building sovereign intelligence, identity and digital trust infrastructure for the AI era. Through FORTRESS, AltID 3.0, FIXYR and AgenticBrain, Fobi is developing a connected technology ecosystem designed to help organizations securely connect information, systems, people and workflows. For more information, visit www.fobi.ai.

Contact

Fobi AI Inc.
Rob Anson, President and CEO
rob@fobi.ai
ir@fobi.ai
+1 877 754 5336 Ext. 3

Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

This release contains forward looking information within the meaning of applicable securities laws, including statements concerning the development, integration and commercialization of FORTRESS, AltID 3.0, FIXYR, AgenticBrain and a next generation wallet platform; the potential benefits and adoption of the Fobi Flywheel and its consultancy and deployment model; the planned live interactive product demonstration; the Company’s intended allocation of resources and strategic focus; the continued operation and potential transition of Passwallet, Passworks and Qples; the timing and possible completion of a Passwallet sale, a Qples sale or a strategic joint venture; and the anticipated transition of legacy businesses and assets by the end of 2026.

This information is based on management’s current expectations and assumptions, including the availability of financing and development resources, progress toward product completion, customer and partner demand, continuity of existing operations, the availability of suitable counterparties, acceptable transaction terms and any necessary corporate, exchange or regulatory approvals. Actual results may differ materially because of product development and integration challenges, execution and financing risks, changes in customer demand or market conditions, inability to identify a buyer or partner, failure to agree on acceptable terms, delays in obtaining approvals and other risks described in the Company’s public disclosure. No transaction or transition is assured, and the Company may change its plans as circumstances develop. Readers should not place undue reliance on forward looking information. Except as required by applicable securities laws, the Company undertakes no obligation to update it.

Program to test shallow conductive targets, several with nearby radiometric anomalies interpreted to reflect uranium-bearing sources

CALGARY, Alberta, Sept. 28, 2026 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that diamond drilling has commenced at the Aurora Uranium Project (“Aurora” or the “Project”) in Saskatchewan’s Athabasca Basin region. The program is planned to comprise approximately 800 metres in four to six holes, testing shallow conductive targets selected using recent airborne geophysical surveys. Cosa Resources Corp. (“Cosa”), the owner and operator of Aurora, is conducting the program with full funding from Traction. Under the option agreement dated February 10, 2026, Traction may earn up to an 80% interest in the Project by funding $9.15 million in exploration expenditures and completing the required cash and share payments.

The program will primarily test conductive anomalies identified by Cosa’s 2024 airborne VTEM electromagnetic survey. Target selection also draws on gravity and magnetic data and the property-wide high-resolution magnetic and radiometric survey completed in July 2026. Three of the four target areas have associated radiometric anomalies interpreted to reflect uranium-bearing sources, located down-ice of the conductive targets. At target A1 in southwestern Aurora, drilling will test a northeast-trending conductive response adjacent to a uranium-source radiometric anomaly, where no Athabasca sandstone cover is expected. Target A2, in the northern part of the Project, comprises a conductive response coincident with several interpreted magnetic lineaments. Approximately 30 metres of sandstone is present in this area, with several radiometric anomalies located down-ice. Targets A4 and A5 comprise curved conductive trends adjacent to lineaments interpreted from magnetic and/or Z-Tipper Electromagnetic data. Both lie just inside the mapped edge of the Athabasca Basin and up-ice of uranium-source radiometric anomalies. Ground follow-up of selected radiometric anomalies is also planned to assess their sources and support further target prioritization.

“This is the first drilling at Aurora in more than four decades, and it’s being carried out by a Cosa team with a strong discovery track record in the Athabasca Basin,” said Jared Suchan, Chief Executive Officer of Traction. “We’re testing shallow conductive targets, several with nearby interpreted uranium-source radiometric anomalies, and we look forward to updating shareholders as results come in.”

The Aurora Project drill target areas

Figure 1. The Aurora Project drill target areas.

Qualified Person
Jared Suchan, Ph.D., P.Geo., CEO and Director of the Company, and a Qualified Person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical contents of this news release.

For a discussion of the Company’s QA/QC and data verification processes and procedures, please see its most recently-filed technical report, a copy of which may be obtained under the Company’s profile at http://www.sedarplus.ca.

About Traction Uranium Corp.
Traction is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca Region. We invite you to find out more about our exploration-stage activities across Canada’s Western region at https://tractionuranium.com.

About Cosa Resources Corp.
Cosa Resources is a Canadian uranium exploration company operating in northern Saskatchewan. Its portfolio comprises roughly 237,000 ha across multiple 100% owned and Cosa-operated Joint Venture projects in the Athabasca Basin region, all of which are underexplored, and the majority reside within or adjacent to established uranium corridors.

Cosa’s award-winning management team has a long track record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement in discovering IsoEnergy’s Hurricane deposit. In addition to Hurricane, Cosa personnel led teams or had integral roles in the discovery of Denison’s Gryphon deposit and held key roles in the founding of both NexGen and IsoEnergy.

On Behalf of The Board of Directors

Jared Suchan
CEO and Director
(604) 425-2271
info@tractionuranium.com

Forward-Looking Statements
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “planned”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Forward-looking information in this news release includes, but is not limited to, statements regarding the planned scope, size and timing of the drill program at the Aurora Project, including the anticipated number of holes and metres; the targets to be tested and the interpretation of geophysical and radiometric data; planned ground follow-up of radiometric anomalies; the Company’s ability to earn an interest in the Aurora Project under the option agreement; and the Company’s near and longer term exploration plans.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including that drilling equipment, personnel and supplies will be available as required; that weather, site access and ground conditions will permit the program to proceed as planned; that Cosa will conduct the program as operator in accordance with the option agreement; that all necessary permits and approvals will be maintained; and that the Company will have sufficient funding to complete the program and meet its obligations under the option agreement. Although such statements are based on reasonable assumptions of the Company’s management, there can be no assurance that any conclusions or forecasts will prove to be accurate.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include: the risk that the Company does not exercise the option or acquire any interest in the Aurora Project; the risk that drilling does not intersect uranium mineralization or that geophysical, conductive or radiometric anomalies are not caused by uranium-bearing sources; the Company’s reliance on Cosa as owner and operator of the Project; weather, seasonal and site access conditions; risks inherent in the exploration and development of mineral projects, including risks relating to changes in project parameters as plans continue to be redefined and the risk that exploration and development activities will cost more than the amount budgeted for such activities by the Company; access and supply risks; operational risks; regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; fluctuations in uranium prices; and financing, capitalization and liquidity risks. The forward-looking information contained in this news release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

The CSE has neither approved nor disapproved the information contained herein.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae199209-30e3-4b7c-81e2-d01ee80b8f07

CUPERTINO, Calif., Sept. 28, 2026 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a diversified renewable natural gas and biofuels company, today announced that it has received $22.4 million from the sale of Section 45Z Clean Fuel Production Tax Credits.

The Section 45Z tax credits were generated from ethanol and renewable natural gas (RNG) production in 2026 and represent a tax credit value of approximately $0.33 per gallon of ethanol and $62 per MMBtu of RNG, before sale discounts and transaction costs. The tax credit value is based on the recent update to the 45ZCF-GREET model that was issued by the U.S. Department of Energy (DOE) on September 8, 2026.

“Aemetis continues to benefit from Section 45Z Clean Fuel Production Tax Credits as a recurring source of cash flow, executing on our monetization strategy,” said Eric McAfee, Chairman and CEO of Aemetis. “With recent updates this month to the Section 45Z calculation and expected expansion of production volumes and energy efficiency projects, the ongoing value of Section 45Z credits to Aemetis is expected to continue to grow significantly.”

The new September 8 version of the 45ZCF-GREET model includes updated pathways for RNG produced from dairy manure anaerobic digestion as required by the One Big Beautiful Bill Act. It also now allows ethanol producers to account for low-carbon corn feedstock that is grown with regenerative agricultural practices. Aemetis expects to increase the value per gallon of its ethanol Section 45Z credit once the use of low-carbon corn is fully documented.

“We appreciate the work by Treasury, the IRS, DOE, and USDA to release the update to the 45ZCF-GREET calculations in compliance with the July 2025 One Big Beautiful Bill Act,” added McAfee. “These supportive biofuels and agriculture policies share the monetary benefits of 45Z with farmers and dairies. We also urge Treasury and DOE to continue supporting Section 45Z by allowing the qualification of all emissions captured from expanding dairy and farm operations.” 

Contacts
Investor Relations:
Todd Waltz
(408) 213-0940
investors@aemetis.com

Media:
Lisa Gibson
(701) 610-1172
lisa.gibson@sageandstonestrategies.com  

About Aemetis

Headquartered in Cupertino, California, Aemetis is a diversified renewable natural gas and biofuels company focused on the development and operation of innovative technologies that lower energy costs and reduce emissions. Founded in 2006, Aemetis is operating and expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high-quality biodiesel and refined glycerin. To utilize the byproducts from ethanol production, Aemetis is developing a sustainable aviation fuel plant and a CO2 sequestration project in California. For additional information about Aemetis, please visit www.aemetis.com.

Safe Harbor Statement

This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results; statements related to the development, engineering, financing, construction and operation of the Aemetis biodiesel and other biofuel facilities; our ability to promote, develop, finance, and construct facilities to produce biodiesel, renewable fuels, and biochemicals; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

Since 2018, Astro Digital has delivered nearly 40 satellites across 16 mission types for more than 30 customers, including NASA, the Department of Defense, Boeing, and Sony.

Astro Digital grew revenue at a 42% two-year CAGR while generating positive adjusted EBITDA, a rare combination among public space peers.

$50 million PIPE with Proem Asset Management and its affiliates committing $25 million, co-led with Leon Capital Group

Proem Asset Management is led by Imran Khan, former Chief Strategy Officer of Snap; following closing, Imran Khan will join the board of directors of Astro Digital.

DENVER, CO and DALLAS, TX, Sept. 28, 2026 (GLOBE NEWSWIRE) — Astro Digital, US, Inc. (“Astro Digital” or the “Company”), a designer, manufacturer and operator of mission-configurable satellites for commercial, civil and defense applications, and Proem Acquisition Corp I (Nasdaq: PAAC) (“Proem”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. Upon closing of the business combination, Proem will be named Astro Digital Holdings, Inc. and is expected to trade on Nasdaq following closing, which is anticipated in the first quarter of 2027, subject to certain closing conditions.

Astro Digital designs, manufactures, and operates satellite systems and mission support services for applications such as earth observation, communications, space infrastructure and defense applications. Since 2018, Astro Digital has delivered nearly 40 satellites across 16 distinct mission types and has served more than 30 customers including NASA, the Department of Defense, Boeing, and Sony. Its platforms have enabled a series of industry firsts, including Starcloud-1, which in November 2025 carried the first NVIDIA H100 GPU into orbit and has since run large language model training and inference on orbit; Mandrake, which demonstrated optical inter-satellite links for DARPA and the Space Development Agency; and Otter Pup 1 and 2, a mission demonstration for rendezvous, proximity operations and docking for Starfish Space.

“Breakthrough technologies and expanding commercial applications are driving rapid innovation across the constellation and space sectors and Astro Digital is uniquely positioned to benefit from these tailwinds,” said Chris Biddy, Co-Founder and Chief Executive Officer of Astro Digital. “Over the past 11 years, we have developed strong customer relationships, meeting growing demand with rapid execution capabilities, our scalable manufacturing platform and cost discipline. Unlike competitors in this industry, we have been able to deliver nearly 40 satellites, profitably, with revenue compounding at 42% annualized over two years, positive adjusted EBITDA, and a backlog that doubled last year.”

“We see a long runway for continued growth,” Biddy added. “Our customers continue to expand their constellation plans and develop new applications including data-centers-in-space which we are well suited to take on. This transaction with Proem will enable us to increase our sales force and production capacity, and expand into new verticals, while preserving the discipline that got us here. We are grateful to have Proem as a partner on this journey.”

“We like this business for five reasons,” said Imran Khan, Chairman and Chief Executive Officer of Proem and Founder and Chief Investment Officer of Proem Asset Management. “One, it is capital efficient: it has built satellites for eleven years and delivered nearly 40 of them without the cash burn that defines most of this sector. Two, it is direct leverage to the secular growth of space; as constellations multiply, demand for its platforms multiplies with them. Three, its growth comes from multiple vectors: existing customer follow-ons, new customer wins, government and sovereign programs, and new mission categories like orbital data centers. Four, the management team has a proven track record; they built this business from zero. And five, it is adjusted EBITDA profitable, and has been while compounding revenue at an impressive rate.”

The business combination values Astro Digital at a pro forma post-money enterprise value of approximately $587 million. The transaction will be funded by up to approximately $180 million in gross proceeds, comprising up to $130 million of cash held in Proem’s trust account (assuming no redemptions) and approximately $50 million from PIPE investments led by Proem Asset Management and Leon Capital Group, of which Proem Asset Management and its affiliates have committed $25 million. The transaction has been unanimously approved by the boards of directors of both Astro Digital and Proem and is expected to close in the first quarter of 2027, subject to approval by Proem’s shareholders, the satisfaction of a minimum cash condition of $30 million, the effectiveness of a registration statement on Form S-4 to be filed with the U.S. Securities and Exchange Commission (the “SEC”), and other customary closing conditions.

Astro Digital’s existing management team, led by Co-Founder and Chief Executive Officer Chris Biddy and Chief Financial Officer and EVP of Operations Michael Wilson, will continue to lead the combined company. Imran Khan, Chairman and Chief Executive Officer of Proem and Founder and Chief Investment Officer of Proem Asset Management, will join the board of directors of the combined company at closing, alongside current Astro Digital directors Adrian Steckel, former CEO of OneWeb, and Dr. Derek Tournear, former director of the Space Development Agency.

Additional information about the proposed transaction, including a copy of the business combination agreement and an investor presentation, will be provided in a Current Report on Form 8-K to be filed by Proem with the SEC and available at www.sec.gov.

Conference Call and Investor Presentation

Astro Digital and Proem will host a joint investor conference call on September 28, 2026, at 9:00 a.m. ET to discuss the proposed transaction. Participants can register for the webcast at https://events.q4inc.com/attendee/122125528. The webcast and the accompanying investor presentation will also be available on Proem’s website at www.proemacq.com. A replay will be available following the call.

Advisors

Broadfield US LLP is serving as legal counsel to Astro Digital. Clear Street is serving as financial and capital markets advisor to Proem, and Loeb & Loeb LLP is serving as legal counsel to Proem.

About Astro Digital

Astro Digital, a Delaware corporation, is the infrastructure powering space constellations. The Company designs, manufactures, launches and operates mission-configurable satellites for commercial, civil and defense customers, partnering with constellation operators from first spacecraft through constellation-scale production. Since 2018, Astro Digital has served more than 30 customers across 16 mission types, delivering nearly 40 satellites with decades of cumulative on-orbit time. The Company is headquartered in Denver, Colorado, with operations in California and Australia. For more information, visit www.astrodigital.com.

About Proem Acquisition Corp I

Proem Acquisition Corp I, a Cayman Islands exempted company (Nasdaq: PAAC) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Proem is sponsored by Proem SPAC Partners I LLC, an affiliate of Proem Asset Management, a long-biased equity fund focused on the technology, media, telecommunications and consumer sectors. Proem raised $130 million in its initial public offering in February 2026, and its units, ordinary shares and warrants trade on Nasdaq under the symbols “PAACU”, ”PAAC” and “PAACW”, respectively.

Non-GAAP Financial Measures

This press release includes references to adjusted EBITDA, a financial measure that is not calculated in accordance with U.S. generally accepted accounting principles (“GAAP”). Astro Digital defines adjusted EBITDA as net income (loss) before interest, taxes, depreciation and amortization, adjusted for stock-based compensation. Astro Digital believes adjusted EBITDA provides useful information to investors regarding its operating performance. Non-GAAP financial measures should not be considered in isolation or as a substitute for financial measures prepared in accordance with GAAP. A reconciliation of adjusted EBITDA to net income (loss), the most directly comparable GAAP measure, is included in the investor presentation. Financial information for Astro Digital presented herein is unaudited and preliminary; 2026E-2029E figures are projections.

Additional Information and Where to Find It

The business combination will be submitted to shareholders of Proem for their consideration. Proem and Astro Digital intend to jointly file a registration statement on Form S-4 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”), which will include a preliminary proxy statement/prospectus (a “Proxy Statement/Prospectus”). A definitive Proxy Statement/Prospectus will be mailed to Proem’s shareholders as of a record date to be established for voting on the business combination and other proposals. Proem may also file other relevant documents regarding the business combination with the SEC. Proem’s shareholders and other interested persons are advised to read, once available, the preliminary Proxy Statement/Prospectus and any amendments thereto and, once available, the definitive Proxy Statement/Prospectus, in connection with Proem’s solicitation of proxies for its extraordinary general meeting of shareholders to be held to approve, among other things, the business combination, because these documents will contain important information about Proem, Astro Digital and the business combination. Shareholders may also obtain a copy of the preliminary or definitive Proxy Statement/Prospectus, once available, as well as other documents filed with the SEC regarding the Business Combination and other documents filed with the SEC by Proem, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Proem’s Chief Executive Officer at 3860 W. Northwest Hwy, Suite 470, Dallas, TX.

Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward looking. These forward-looking statements include, but are not limited to, (1) statements regarding estimates and forecasts of other financial, performance and operational metrics and projections of market opportunity; (2) references with respect to the anticipated benefits of the proposed business combination and the projected future financial performance of Astro Digital following the proposed business combination; (3) changes in the market for Astro Digital’s satellite technology infrastructure and mission support services, expansion plans and opportunities; (4) Astro Digital’s aerospace business, including modular satellite technology infrastructure and mission support services; (5) the sources and uses of cash in connection with the proposed Business Combination; (6) the anticipated capitalization and enterprise value of Proem following the consummation of the proposed business combination; (7) the projected technological developments of Astro Digital; (8) current and future potential commercial and customer relationships; (9) the ability to operate efficiently at scale; (10) anticipated investments in capital resources and research and development, and the effect of these investments; (11) the amount of redemption requests made by Proem’s public shareholders; (12) the ability of Astro Digital to issue equity or equity-linked securities in the future; (13) the failure to achieve the minimum cash condition; (14) the inability to obtain or maintain the listing of the combined company’s common stock on Nasdaq following the proposed business combination, including but not limited to redemptions exceeding anticipated levels or the failure to meet Nasdaq’s initial listing standards in connection with the consummation of the proposed business Combination; and (15) expectations related to the terms and timing of the proposed Business Combination. Additional risks include the availability and funding of the PIPE financing, including the risk that any PIPE investor may fail to satisfy its obligations; the level of redemptions and the resulting effect on minimum cash condition; delays in resolving SEC comments on, or obtaining effectiveness of, the Registration Statement; the failure to obtain required shareholder approvals or Nasdaq listing approval; and risks relating to Astro Digital’s aerospace, satellite, remote-sensing, communications and government-contract businesses, including export-control, sanctions, and other national-security regulatory requirements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Proem’s and Astro Digital’s management and are not predictions of actual performance. Any projections or other forward-looking information included in this press release, any investor presentation or other transaction communications are provided for illustrative purposes only, were prepared for purposes of evaluating the proposed business combination and related financing, and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability; no representation or warranty is made as to their achievability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Proem and Astro Digital. These forward-looking statements are subject to a number of risks and uncertainties, as set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the final prospectus of Proem filed with the SEC on February 13, 2026 (File No. 333-292217), and/or will be contained in the Registration Statement and the Proxy Statement/Prospectus when available, and in those other documents that Proem and Astro Digital have filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive, and there may be additional risks that neither Proem nor Astro Digital presently know or that Proem and Astro Digital currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Proem’s and Astro Digital’s expectations, plans or forecasts of future events and views as of the date of this press release. Proem and Astro Digital anticipate that subsequent events and developments will cause Proem’s and Astro Digital’s assessments to change. However, while Proem and Astro Digital may elect to update these forward-looking statements at some point in the future, Proem and Astro Digital specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Proem’s and Astro Digital’s assessments as of any date subsequent to the date of this release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Participants in the Solicitation

Proem and Astro Digital and certain of their respective directors, executive officers and other members of management and employees may be considered participants in the solicitation of proxies with respect to the business combination under the rules of the SEC. Information about (i) the directors and executive officers of Proem is set forth in Proem’s Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on March 26, 2026, and (ii) a description of the interests of the directors and executive officers of Proem and Astro Digital and the business combination will be contained in the Registration Statement and the Proxy Statement/Prospectus when available, which documents can be obtained free of charge from the sources indicated above.

No Offer or Solicitation

This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Contacts

Astro Digital
Email: investor@astrodigital.com
Website: www.astrodigital.com

Proem Acquisition Corp I
Tel. No.  (214)  706-9344
Website: www.proemacq.com

188% increase in Gross Profit, growth in net assets to $106 million

Company restructure in H1 2026 has resulted in profitable operating units, 99% reduction in third-party debt.

79% reduction in total net loss to $4 million, down from $19 million in first half of 2025.

Legal wins have removed constraints to future growth of its dual AI and Bitcoin treasury plans.

SINGAPORE, Sept. 28, 2026 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group”, “GNS” or the “Company”), a leading AI-powered education group, today announced its unaudited financial results for the six months ended June 30, 2026.

Roger Hamilton, CEO of Genius Group, said: “The first half of 2026 was a period of restructuring. We closed or restructured loss-making divisions, paid down 99% of all third-party debt, and rebuilt the Group around three operating units: Genius School, Genius Academy and Genius Resorts. As a result, the group achieved 140% increase in revenue, with $6.4 million net profit from operating businesses.”

“Since the end of the period, the last of the constraints on the business has been removed. On August 31, 2026 the U.S. Court of Appeals for the Second Circuit vacated the preliminary injunction that had restrained the Company from issuing shares, raising capital and purchasing Bitcoin, and we received a final ICC arbitration award in our favor of $7,971,168.53 together with the return of 7,387,374 shares. That allows us to pursue the $1.2 billion capital plan approved by our Board, to fund our dual AI and Bitcoin treasury, and to scale the Genius OS product suite and the Genius City model we launched in Bali. We are focused on building our net asset per share, and further to the growth in our net assets to $106 million, our net asset per share has grown to $0.61 per share.”

The results presented in this release are for the six months ended June 30, 2026 and are unaudited. They include a full six months of the entities acquired in the second half of 2025 – Entrepreneur Resorts Pte Ltd, Tau Game Lodge, Matla Game Lodge, Vision Villa Resort and Genius Cafe, all completed on July 31, 2025, and ProEd Global School, completed in November 2025 – whereas the comparative period ended June 30, 2025 does not include them. Revealed Films, which closed on May 13, 2026, and E-Squared Education Enterprises, which closed in 2025, are presented within discontinued operations for both periods. The unaudited condensed consolidated financial statements for the six months ended June 30, 2026 have been reviewed by the Company’s auditor and are compared with the reviewed unaudited financial statements for the six months ended June 30, 2025.

Financial Highlights for the First Half of 2026

  ● 140% increase in revenue from continuing operations of $6.2 million, compared to $2.6 million in the first half of 2025. The increase was driven by $2.1 million of Resorts revenue following the acquisitions completed in July 2025 and growth in School revenue to $2.3 million from $0.4 million. Academy revenue was $1.7 million.
     
  ● 188% increase in gross profit to $3.5 million from $1.2 million, driven by a focus on higher margin education programs with gross margin improving to 56.6% from 47.1%.
     
  ● A decrease in operating expenses to $12.1 million, compared to $12.7 million in the first half of 2025. The decrease was primarily driven by a $2.8 million reduction in stock-based compensation together with lower depreciation and amortization and lower foreign exchange losses, and a reduction in underlying general and administrative costs.
     
  ● A reversal in operational performance to $6.4 million net profit from operations, compared to $2.8 million net loss from operations in the first half of 2025.
     
  ● 35% reduction in net loss from treasury and central costs to $10.5 million from $16.2 million in the first half of 2025, after taking into account one-off costs including a $3.1 million charge from the reduction in its Bitcoin Treasury and $1.2 million in non-recurring expenses.
     
  ● 79% reduction in total net loss to $4.0 million, compared to $19 million in the first half of 2025.
     
  ● Basic and diluted loss per share of $(0.06), based on 162.6 million weighted-average shares outstanding, compared to a loss per share of $(0.34) on 53.2 million weighted-average shares in the first half of 2025 on a continuing basis.
     
  ● Cash and cash equivalents of $1.9 million as of June 30, 2026, compared to $2.4 million as of December 31, 2025. The decrease reflects $8.2 million used in investing activities: principally a $7.7 million purchase of a senior secured convertible note, convertible at the Company’s election into 9.9% equity in the Jewel Bank which was partly offset by $6.7 million generated from operating activities and $1.5 million from financing activities (primarily $11.3 million of share issuance proceeds, net of $8.6 million of debt repayment).
     
  ● Total current assets of $10.10 million, compared to $23.9 million as of December 31, 2025 due to the disposal of the Group’s digital assets, the proceeds of which were applied to repay the associated Bitcoin-backed loan and the Group’s remaining third-party debt.
     
  ● Total assets of $131.5 million, compared to $136.9 million as of December 31, 2025, with total liabilities reduced by 37% to $25.5 million from $40.3 million.
     
  ● Net assets of $105.97 million as of June 30, 2026, compared to $96.62 million as of December 31, 2025, representing a 10% increase, and resulting in Net Asset Value per Share (NAVPS) of $0.61 per share.


Strategic and Operational Highlights for the First Half of 2026

  ● Closure or restructuring of loss-making divisions, including the closure of Revealed Films on May 13, 2026, leaving three operating units: Genius School, Genius Academy and Genius Resorts.
     
  ● Sale of the remainder of the Company’s Bitcoin Treasury and repayment of the Company’s third-party debt, reducing total liabilities by 37% to $25.5 million.
     
  ● Growth in net assets to $106 million at June 30, 2026 from $96.6 million at December 31, 2025, with net asset value per share adopted as a primary performance measure.
     
  ● Launch and scaling of Student AI and Teacher AI, which reached approximately 300,000 users during 2026.
     
  ● Completion in February 2026 of the share count exercise under the Asset Purchase Agreement with Entrepreneur Resorts Ltd, with 16.7 million ERL shares converting to GNS shares.
     
  ● Buyback of 6,037,851 ordinary shares and cancellation of 20,000,000 ordinary shares in June 2026, equivalent to 16% of the Company’s public float.
     
  ● Continued progress on the Company’s legal actions, including its appeal against the preliminary injunction and its ICC arbitration claim.


Recent Strategic and Operational Highlights

  ● Launch on July 21, 2026 of Genius OS, the Company’s full AI-agent product suite spanning Genius School, Genius Academy, Genius Resorts and Genius City, connecting to over 300 AI models and offered on free, $9 per month and $90 per month subscription tiers.
     
  ● Award of a Five-Star Hotel rating to Vision Villa Resort in Bali in July 2026 under Indonesia’s Star Hotel Tourism Business Certification Scheme.
     
  ● Second round of the Company’s Share Loyalty Bonus Program, with a record date of July 31, 2026 and a cash bonus of $0.10 per qualifying share for shares held in book entry through January 30, 2027. Directors, officers and employees do not qualify.
     
  ● Launch in August 2026 of the first phase of the $14 million Genius City joint venture at Nuanu Creative City, Bali, comprising Genius Zone, Genius Cafe, Genius Missions and Genius School.
     
  ● Opening of the 2026/27 school year at the Nuanu campus with 235 students, approximately 65% year-on-year enrolment growth, with capacity across the Company’s Bali campuses expanded to approximately 1,000 students.
     
  ● Net assets of $105.97 million and net asset value per share of $0.61 based on 173.4 million issued shares.
     
  ● Announcement on August 27, 2026 of a five-year capital plan under the Company’s $1.2 billion shelf registration, to be funded through the issuance of a publicly registered Perpetual Preferred Security with an initial offering targeted at $12.5 million. Targets under that capital plan of $800 million in AI treasury assets and $827 million in Bitcoin treasury assets, and $2 billion in total assets by the financial year ending 2031.
     
  ● Shareholder authorization for the issuance of preferred shares and for the buyback of up to 20% of the Company’s ordinary shares.
     
  ● Vacatur, by summary order of the U.S. Court of Appeals for the Second Circuit dated August 31, 2026, of the preliminary injunction entered by the U.S. District Court for the Southern District of New York on March 13, 2025, which had restrained the Company from issuing shares, raising capital and purchasing Bitcoin. The matter has been remanded to the district court for further proceedings.
     
  ● Final ICC arbitration award in the Company’s favor, entitling the Company to the return of 7,387,374 ordinary shares, monetary damages of $6,595,180 and legal fees and expenses of $1,375,988.53, a total of $7,971,168.53.

Gaurav Dama, CFO of Genius Group, said: “Our priority in the first half was to put the balance sheet on a sound footing. We disposed of the remaining Bitcoin Treasury and repaid third-party debt, which reduced total liabilities by 37% to $25.5 million and lifted net assets 10% to $106 million. At the same time we closed or restructured loss-making divisions and held central costs down. Each operating unit is now expected to fund its own growth, and with the injunction lifted we are able to raise capital on planned terms rather than opportunistically. Net asset value per share remains our reporting focus.”

Other

The audit report on the Company’s audited consolidated financial statements for the fiscal year ended December 31, 2025, included in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 9, 2026, was prepared on a going concern basis. The Company’s unaudited condensed consolidated financial statements as of June 30, 2026 have also been prepared on a going concern basis.

About Genius Group

Genius Group (NYSE American: GNS) delivers AI-powered education and acceleration solutions for the future of work. The Group serves 6 million users in over 100 countries through its Genius City model and its online marketplace of AI training, AI tools and AI talent, providing personalized, entrepreneurial AI pathways at individual, enterprise and government level. To learn more, please visit www.geniusgroup.net.

Investor Notice

Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described in our most recent Annual Report on Form 20-F, as amended for the fiscal year ended December 31, 2025, filed with the SEC on March 9, 2026. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below.

Forward-Looking Statements

Statements made in this press release include 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. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

GENIUS GROUP LIMITED AND ITS SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(Expressed In US Dollars)

    As of
June 30, 2026
    As of
December 31, 2025
 
    (Unaudited)     (Audited)  
Assets                
Current Assets                
Cash and cash equivalents     1,883,775       2,422,988  
Accounts receivable, net     1,066,049       1,122,988  
Other receivables     1,734,079       1,734,281  
Due from related parties     3,572,192       388,129  
Digital assets     –       14,901,321  
Inventories     211,532       682,575  
Prepaid expenses and other current assets     1,631,115       2,613,014  
Total Current Assets     10,098,742       23,865,296  
Property and equipment, net     13,046,614       12,946,708  
Operating lease right-of-use asset     2,136,932       2,315,726  
Investments at fair value     9,998,751       1,396,266  
Investments in joint venture     5,100,000       5,100,000  
Goodwill     44,784,037       44,792,535  
Intangible assets, net     9,580,637       9,763,092  
Other receivables     795,492       814,457  
Other non-current assets     35,941,962       35,941,961  
Total Assets     131,483,167       136,936,041  
Liabilities and Shareholders’ Equity                
Current Liabilities                
Accounts payable     6,539,417       4,253,912  
Accrued expenses and other current liabilities     2,677,214       3,564,543  
Deferred revenue     4,059,913       3,886,345  
Income tax payable     50,630       71,263  
Due to related parties     1,169,741       7,009,162  
Operating lease liabilities – current portion     325,264       234,169  
Loans payable – current portion     101,532       8,577,774  
Short term debt     25,000       25,000  
Total Current Liabilities     14,948,711       27,622,168  
Due to related parties     9,239,094       9,722,569  
Operating lease liabilities – non current portion     1,939,977       2,066,167  
Deferred tax liability     (626,267 )     907,500  
Loans payable – non-current portion     6,784       –  
Total Liabilities     25,508,299       40,318,404  
Commitments and Contingencies Shareholders’ Equity:                
Contributed capital     251,089,794       238,695,979  
Treasury shares     (4,346,764 )     (4,346,764 )
Reserves     (6,188,838 )     (7,131,612 )
Accumulated deficit     (141,681,155 )     (137,963,053 )
Capital and reserves attributable to owners of Genius Group Ltd     98,873,037       89,254,550  
Non controlling interest     7,101,831       7,363,087  
Total Shareholders’ Equity     105,974,868       96,617,637  
Total Liabilities and Shareholders’ Equity     131,483,167       136,936,041  


GENIUS GROUP LIMITED AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Expressed In US Dollars)

    For the Six months ended  
    Jun 30, 2026     June 30, 2025  
    (Unaudited)     (Unaudited)  
Revenue   $ 6,199,005     $ 2,585,564  
Cost of revenue     (2,690,593 )     (1,367,536 )
Gross profit     3,508,412       1,218,028  
Operating (Expenses) Income                
General and administrative     (10,539,710 )     (10,638,567 )
Depreciation and amortization     (357,282 )     (727,573 )
Other operating income     17,214       418  
Legal expenses     (1,247,189 )     (1,023,496 )
Loss from foreign currency transactions     (22,933 )     (272,299 )
Total operating expenses     (12,149,900 )     (12,661,517 )
Loss from Operations     (8,641,488 )     (11,443,489 )
(Expense) Income                
Interest expense, net     (500,962 )     (735,670 )
Loss on sale of Digital asset     (3,138,337 )     (5,873,799 )
Reversal of impairment loss     3,179,313       –  
Other expense     (8,293 )     –  
Other income     45,828       3,083  
Total Other Expense     (422,451 )     (6,606,386 )
Loss Before Income Tax from continuing operations     (9,063,939 )     (18,049,875 )
Income Tax (Expense) / Benefit     (544 )     1,186  
Net Loss from continuing operations     (9,064,483 )     (18,048,689 )
Profit/(Loss) from discontinued operations, net of tax     5,085,125       (954,852 )
Net Loss     (3,979,358 )     (19,003,541 )
Other comprehensive income/(loss):                
Foreign currency translation     942,774       481,899  
Total Comprehensive Loss     (3,036,584 )     (18,521,642 )
Total Comprehensive Loss is attributable to:                
Owners of Genius Group Ltd     (2,775,328 )     (18,492,255 )
Non controlling interest     (261,256 )     (29,387 )
Total Comprehensive Loss     (3,036,584 )     (18,521,642 )
Weighted-average number of shares outstanding, basic and diluted     162,675,202       53,195,540  
Basic and diluted loss per share from continuing operations     (0.06 )     (0.34 )


GENIUS GROUP LIMITED AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS
(Expressed In US Dollars)

    For the Six months Ended  
    June 30, 2026     June 30, 2025  
    (Unaudited)     (Unaudited)  
Cash Flows from Operating Activities                
Net loss   $ (3,979,358 )   $ (19,003,541 )
Adjustments to reconcile net loss to net cash used in operating activities:                
Stock-based compensation     1,010,000       (405,897 )
Depreciation and amortization     618,126       1,021,476  
Interest expense     500,962       735,670  
Provision for allowance of credit loss     –       2,080  
Loss on foreign exchange transactions     22,933       272,299  
Loss on sale of Digital asset     3,138,337       5,873,799  
Reversal of impairment loss     (3,179,313 )     –  
Gain on dissolution of a subsidiary     (5,495,192 )     –  
Non-cash share issuance     126,210       –  
Changes in operating assets and liabilities:                
Accounts receivable     56,939       1,243,818  
Other receivable     19,167       (73,594 )
Prepaid expenses and other current assets     61,392       (3,920,266 )
Digital assets     11,762,984       13,842,727  
Inventories     471,041       –  
Accounts payable     2,285,505       830,599  
Accrued expenses and other current liabilities     (887,329 )     (445,310 )
Deferred revenue     173,568       (296,561 )
Income tax payable     (41,828 )     (59,611 )
Net Cash Provided by (Used in) Operating Activities     6,664,144       (382,312 )
Cash Flows from Investing Activities                
Internally developed software     (78,389 )     (149,873 )
Purchase of property, equipment and intangibles, net     (429,750 )     (4,499 )
Investment at fair value     (7,657,625 )     (40,000 )
Net Cash Used in Investing Activities     (8,165,764 )     (194,372 )
Cash Flows from Financing Activities                
Amount due to/from related party, net     (832,454 )     341,042  
Interest paid     (372,760 )     (735,670 )
Proceeds from equity issuances, net     11,322,745       7,311,098  
Repayment of borrowings, net     (8,597,662 )     (5,416,255 )
Lease payments     (35,096 )     –  
Net Cash Provided by Financing Activities     1,484,773       1,500,215  
Effect of Exchange Rate Changes on Cash     (522,366 )     155,515  
Net Increase / (Decrease) in Cash     (539,213 )     1,079,046  
Cash – Beginning of period     2,422,988       1,614,933  
Cash – End of period     1,883,775       2,693,979  


Summary Consolidated Financial Data

    Unaudited Financials Six
Months Ended (USD 000’s)
    Audited Financials Year
Ended (USD 000’s)
 
Summary Income Data:   June 30,
2026
    June 30,
2025
    December 31,
2025
    December 31,
2024
 
Revenue     6,199       2,586       8,102       6,743  
Cost of revenue     (2,691 )     (1,368 )     (4,346 )     (3,754 )
Gross profit     3,508       1,218       3,756       2,989  
Other Operating Income     17       –       258       24  
Operating Expenses     (12,167 )     (12,661 )     (26,836 )     (20,804 )
Operating Loss     (8,642 )     (11,443 )     (22,822 )     (17,791 )
Other income     3,226       3       –       5,032  
Other Expense     (3,646 )     (6,609 )     (25,892 )     (6,822 )
Net Loss Before Tax     (9,062 )     (18,049 )     (48,714 )     (19,581 )
Tax (Expense)/Benefits     (1 )     1       (653 )     2,252  
Net Loss from continuing operations     (9,063 )     (18,048 )     (49,367 )     (17,329 )
(Loss)/ Profit from discontinued operations, net of tax     5,085       (955 )     (6,090 )     (7,611 )
Net loss     (3,978 )     (19,003 )     (55,457 )     (24,940 )
Other Comprehensive Income/(Loss)     942       482       1,151       (49 )
Total Loss     (3,036 )     (18,521 )     (54,306 )     (24,989 )
Net loss per share, basic and diluted from continuing operations     (0.06 )     (0.34 )     (0.48 )     (0.71 )
Weighted-average number of shares outstanding, basic and diluted     162,675,202       53,195,540       101,452,196       24,153,220  

    Unaudited Financials Six Months Ended, (USD 000’s)     Audited Financials
Year Ended (USD 000’s)
 
    June 30,
2026
    December 31,
2025
    December 31,
2024
 
Summary Balance Sheet Data:                        
Total current assets     10,099       23,865       42,419  
Total non-current assets     121,385       113,071       58,636  
Total Assets     131,484       136,936       101,055  
Total current liabilities     14,949       27,622       11,609  
Total non-current liabilities     10,560       12,696       10,036  
Total Liabilities     25,509       40,318       21,645  
Total Shareholders’ Equity     105,975       96,618       79,410  
Total Liabilities and Shareholders’ Equity     131,484       136,936       101,055  


Operational and Central Results

In addition to our IFRS results, we present our results split between “Operational” and “Central”. Operational comprises the Group’s operating businesses — Genius School, Genius Academy and Genius Resorts, together with the entities that support them — and includes all of the Group’s revenue and cost of revenue and the operating expenses of those businesses. Central comprises the holding company: group head office and corporate costs, financing costs, and the Group’s treasury activities, including its digital asset holdings. Each line of the Operational and Central columns sums to the corresponding line of the consolidated statement of operations, and the Total column agrees to that statement in every period presented.

Summary Financial Data (Operational Metrics)

    June 30, 2026     June 30, 2025  
Summary Income Data:   Operational     Central     Total     Operational     Central     Total  
Revenue     6,199       –       6,199       2,586       –       2,586  
Cost of revenue     (2,691 )     –       (2,691 )     (1,368 )     –       (1,368 )
Gross profit     3,508       –       3,508       1,218       –       1,218  
Other Operating Income     17       –       17       –       –       –  
Operating Expenses     (4,856 )     (7,311 )     (12,167 )     (2,331 )     (10,330 )     (12,661 )
Operating profit (Loss)     (1,331 )     (7,311 )     (8,642 )     (1,113 )     (10,330 )     (11,443 )
Other Income     3,220       6       3,226       3       –       3  
Other Expense     (499 )     (3,147 )     (3,646 )     (735 )     (5,874 )     (6,609 )
Net Income (Loss) Before Tax     1,390       (10,452 )     (9,062 )     (1,845 )     (16,204 )     (18,049 )
Tax Expense     (1 )     –       (1 )     –       1       1  
Net Income (Loss) After Tax from continuing operations     1,389       (10,452 )     (9,063 )     (1,845 )     (16,203 )     (18,048 )
(Loss)/ Profit from discontinued operations, net of tax     5,085       –       5,085       (955 )     –       (955 )
Net Income (Loss) After Tax     6,474       (10,452 )     (3,978 )     (2,800 )     (16,203 )     (19,003 )
Other Comprehensive Income/(loss)     942       –       942       482       –       482  
Total Income (Loss)     7,416       (10,452 )     (3,036 )     (2,318 )     (16,203 )     (18,521 )


Non-IFRS Financial Measure

We have included Adjusted EBITDA because it is a key measure used by our management and board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short- and long-term operational plans. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA can provide a useful measure for period-to-period comparisons of our core business.

We calculate Adjusted EBITDA from continuing operations as net loss from continuing operations, plus income tax expense or benefit, net interest expense, depreciation and amortization, non-recurring legal expenses, impairment charges and reversals of impairment, revaluation adjustments, the loss on disposal of Bitcoin, share-based compensation expense, bad debt provisions and write-offs. Adjusted EBITDA for the financial years ended December 31, 2025 and December 31, 2024 has been recalculated on the same continuing-operations basis and therefore differs from the amounts previously reported. The difference arises solely from the change in presentation, under which the results of divisions now reported within discontinued operations are excluded from Adjusted EBITDA in all periods presented; the amounts previously reported in the Company’s Annual Report on Form 20-F were calculated on a total-operations basis and are therefore not directly comparable.

Derived from Financial Statements

    Genius Group Unaudited Financials
Six Months Ended (USD 000’s)
    Group Audited Financials
Year Ended (USD 000’s)
 
    June 30,
2026
    June 30,
2025
    December 31,
2025
    December 31,
2024
 
Net Loss from continuing operations     (9,063 )     (18,048 )     (49,367 )     (17,329 )
Tax Benefits     1       (1 )     653       (2,252 )
Interest Expense, net     501       736       3,391       1,146  
Depreciation and Amortization     618       1,021       2,332       2,059  
Legal expense (non-recurring)     1,247       1,023       3,407       2,579  
Addition/ (Reversal) of Impairment     (3,179 )     –       16,372       7,647  
Revaluation adjustment     –       –       3,641       (3,714 )
Loss on disposal of bitcoin     3,138       5,874       5,805       –  
Stock Based Compensation     1,010       3,860       7,574       4,218  
Bad Debt Provision     –       2       (267 )     (575 )
Write off     2       –       –       –  
Adjusted EBITDA from continuing operations     (5,725 )     (5,533 )     (6,459 )     (6,221 )


Adjusted EBITDA (Operational Metrics)

    June 30, 2026     June 30, 2025  
    Operational     Central     Total     Operational     Central     Total  
Net Income (Loss) from continuing operations     1,389       (10,452 )     (9,063 )     (1,845 )     (16,203 )     (18,048 )
Tax Expense     1       –       1       –       (1 )     (1 )
Interest Expense, net     373       128       501       736       –       736  
Depreciation and Amortization     618       –       618       1,019       2       1,021  
Reversal of impairment (due from related parties)     (3,179 )     –       (3,179 )     –       –       –  
Loss on Disposal of Bitcoin     –       3,138       3,138       –       5,874       5,874  
One off expenses (non-recurring)     –       1,247       1,247       –       1,023       1,023  
Stock Based Compensation     –       1,010       1,010       –       3,860       3,860  
Write off     –       2       2       –       –       –  
Bad Debt Provision     –       –       –       2       –       2  
Adjusted EBITDA, from continuing operations     (798 )     (4,927 )     (5,725 )     (88 )     (5,445 )     (5,533 )


Contacts

Investors:

Investor Relations Team
Email: investor@geniusgroup.net

ANNOUNCEMENT

A.P. Møller – Mærsk A/S – Transactions in connection with share buy-back program
On 5 February 2026, A.P. Møller – Mærsk A/S (the “Company”) announced a share buy-back program of up to DKK 6.3bn (around USD 1bn) to be executed over a period of 12 months. The second phase of the share buy-back program will run from 13 August 2026 up to 29 January 2027. The shares to be acquired will be limited to a total market value of DKK 3.15 billion (around USD 500m).

The share buy-back program will be executed under EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”).

The following transactions have been made under the program in the period 21 September to 25 September 2026:                        

  Number of A shares Average purchase price A shares, DKK Transaction value,
A shares, DKK
Accumulated, last announcement 45,448   753,771,360
21 September 2026 250 22,539.2800 5,634,820
22 September 2026 250 22,324.8000 5,581,200
23 September 2026 250 22,072.8800 5,518,220
24 September 2026 250 22,721.3600 5,680,340
25 September 2026 250 22,561.2000 5,640,300
Total 21-25 September 2026 1,250   28,054,880
Accumulated in the second phase of the program 8,450   179,471,870
Accumulated under the program 46,698   781,826,240
  Number of B shares Average purchase price B shares, DKK Transaction value,
B shares, DKK
Accumulated, last announcement (market and the Foundation) 181,792   3,086,785,999
21 September 2026 877 23,350.7298 20,478,590
22 September 2026 877 23,154.4242 20,306,430
23 September 2026 877 22,849.9202 20,039,380
24 September 2026 877 23,602.6226 20,699,500
25 September 2026 877 23,440.1254 20,556,990
Total 21-25 September 2026 4,385   102,080,890
Bought from the Foundation* 615 23,279.5644 14,316,932
Accumulated in the second phase of the program (market and the Foundation) 33,800   745,315,547
Accumulated under the program (market and the Foundation) 186,792   3,203,183,822

*) According to a separate agreement, A.P. Møller og Hustru Chastine Mc-Kinney Møllers Familiefond (the Foundation) participates on a pro rata basis to the shares purchased in the share buy-back program.

With the transactions stated above, the Company owns a total of 46,698 A shares and 246,430 B shares as treasury shares, corresponding to 1.99% of the share capital. Details of each transaction are included as appendix.

Copenhagen, 28 September 2026

Contact persons:
Head of Investor Relations, Martin Dunwoodie, tel. +45 3363 3484
Head of Media Relations, Jesper Lov, tel. +45 6114 1521

Page 1 of 1

Attachments

Appointment reinforces company’s commitment to expand owner engagement, increase customer lifetime value and strengthen brand loyalty across its portfolio of premium brands

EDEN PRAIRIE, Minn., Sept. 28, 2026 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading manufacturer of outdoor recreation products, today announced the appointment of Simone Silva as vice president, aftermarket and enterprise customer experience, effective October 15, 2026.

In this newly created role, Silva will lead the company’s efforts to grow its aftermarket business across its portfolio of premium brands while advancing a unified vision for customer experience excellence. Working across business units, she will help accelerate initiatives that strengthen owner engagement, enhance the ownership journey, and create new opportunities for long-term, profitable growth.

“This role reflects our commitment to serving customers beyond the initial purchase and strengthening our connection with owners throughout their journey,” said Amber Holm, chief marketing and experience officer at Winnebago Industries. “Simone has a proven track record of building customer-focused organizations and leading transformational change. Her ability to align teams around a shared customer vision, combined with deep expertise in quality, service, and customer engagement, makes her uniquely qualified to help us elevate the ownership experience and expand our aftermarket business.”

Silva has over two decades of experience as a customer service leader, most recently serving as vice president of quality and customer experience at Newmar, where she helped strengthen customer satisfaction and enhance the ownership experience for one of the recreational vehicle industry’s most respected luxury brands. Previously, she held global leadership positions at Whirlpool Corporation and Volkswagen, overseeing customer experience, consumer services, and quality initiatives across multiple businesses and brands.

“Our portfolio includes some of the most trusted and respected brands in outdoor recreation, supported by highly engaged owners and a deep commitment to innovation,” said Silva. “I’m excited to join the team and help build on that foundation by creating an even better ownership experience for customers. We have a tremendous opportunity to serve owners throughout their journey, strengthen lifelong relationships with our brands, and support the company’s long-term growth ambitions.”

About Winnebago Industries

Winnebago Industries, Inc. is a leading North American manufacturer of outdoor recreation products under the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands, which are used primarily in leisure travel and outdoor recreation activities. The Company builds high-quality motorhomes, travel trailers, fifth-wheel products, outboard and sterndrive powerboats, pontoons, and commercial community outreach vehicles. Committed to advancing sustainable innovation and leveraging vertical integration in key component areas, Winnebago Industries has multiple facilities in Iowa, Indiana, Minnesota and Florida. The Company’s common stock is listed on the New York Stock Exchange and traded under the symbol WGO. For access to Winnebago Industries’ investor relations material or to add your name to an automatic email list for Company news releases, visit http://investor.wgo.net.

Media Contact: Daniel Sullivan media@winnebagoind.com

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Sept. 28, 2026 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective September 30, 2026. Purchases will be made in accordance with the rules and policies of the TSX and the Subordinate Voting Shares purchased by Fairfax India will be cancelled and/or reserved for share based payment awards.

The notice provides that Fairfax India’s board of directors has approved the purchase on the TSX, during the period commencing September 30, 2026 and ending September 29, 2027, of up to 5,487,794 Subordinate Voting Shares, representing approximately 10% of Fairfax India’s public float of 54,877,943 Subordinate Voting Shares as at September 16, 2026. As at September 16, 2026, Fairfax India had outstanding 104,218,804 Subordinate Voting Shares. Under the bid, Fairfax India may purchase up to 11,012 Subordinate Voting Shares on the TSX (or other alternative Canadian trading systems) during any trading day, which represents 25% of the average daily trading volume on the TSX for the prior six months (being 44,049 Subordinate Voting Shares), all as calculated in accordance with the rules of the TSX. This limitation does not apply to purchases made pursuant to block purchase exemptions.

Fairfax India is making this Normal Course Issuer Bid because it believes that in appropriate circumstances its Subordinate Voting Shares represent an attractive investment opportunity and that purchases under the bid will enhance the value of the Subordinate Voting Shares held by the remaining shareholders.

Pursuant to its existing Normal Course Issuer Bid, Fairfax India sought and received approval from the TSX to purchase up to 5,551,115 Subordinate Voting Shares, and has purchased to date 1,071,236 Subordinate Voting Shares during the last twelve months through open market purchases on the TSX and other alternative Canadian trading systems at a volume weighted average price per share of US$16.90.

Fairfax India also announces that it has entered into an automatic share purchase plan (the “ASPP”) with a designated broker to allow for the purchase of its Subordinate Voting Shares under its Normal Course Issuer Bid at times when Fairfax India normally would not be active in the market due to applicable regulatory restrictions or internal trading black-out periods. Before the commencement of any particular internal trading black-out period, Fairfax India may, but is not required to, instruct its designated broker to make purchases of Subordinate Voting Shares under the Normal Course Issuer Bid during the ensuing black-out period in accordance with the terms of the ASPP. Such purchases will be determined by the broker in its sole discretion based on parameters established by Fairfax India prior to commencement of the applicable black-out period in accordance with the terms of the ASPP and applicable TSX rules. Outside of these black-out periods, Subordinate Voting Shares will be purchasable by Fairfax India at its discretion under its Normal Course Issuer Bid.

The ASPP is effective as of September 30, 2026 and will terminate on the earliest of the date on which: (a) the maximum annual purchase limit under the Normal Course Issuer Bid has been reached; (b) the Normal Course Issuer Bid expires; or (c) Fairfax India terminates the ASPP in accordance with its terms. The ASPP constitutes an “automatic securities purchase plan” under applicable Canadian securities laws.

About Fairfax India

Fairfax India is an investment holding company whose objective is to achieve long term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.

For further information, contact: John Varnell, Vice President, Corporate Affairs
(416) 367-4755

LEI: 213800ZBKL9BHSL2K459

OSB GROUP PLC
(the Company)

28 September 2026

Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

This announcement should be read in conjunction with the announcement relating to the grant of awards to Enrique Alvarez Labiano made on 17 September 2026 (the ‘Recruitment Award’).

The Company hereby announces the following transaction by a PDMR on 25 September 2026 in the Company’s ordinary shares of £0.01 each, which include the vesting and sale of shares that had been granted pursuant to the Recruitment Award.

The following notification made under Article 19 of the UK Market Abuse Regulation (UK MAR) relates to a transaction by a PDMR in the shares of the Company.

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person Enrique Alvarez Labiano
2. Reason for the notification
a. Position/status Chief Executive Officer
b. Initial notification/amendment Initial Notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity OSB GROUP PLC
b. Legal Entity Identifier code 213800ZBKL9BHSL2K459
4. Details of the transaction(s):
a. Description of the financial instrument, type of instrument Ordinary shares of £0.01 each
Identification code GB00BLDRH360
b. Nature of Transaction
  1. Vesting of 450,532 Shares under the Recruitment Award
  2. Sale of 212,494 Shares vested under (1) to cover tax liabilities and dealing costs
c. Price(s) and Volume(s) Price Volume
(1) Nil 450,532
(2) £5.068474 212,494
d. Aggregated Information:

Aggregated volume

  1. 450,532
  2. 212,494

Aggregated price

  1. Consideration Price: Nil
  2. Total Sale Price: £1,077,020.31

e. Date of transaction 25 September 2026
f. Place of transaction (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)

OSB GROUP PLC

Jess Petrie  
Head of Corporate Governance
Email: company.secretariat@osb.co.uk
 
   
Investor relations  
Alexander Holcroft
Group Director of Investor Relations
Email: osbrelations@osb.co.uk
 
   
Brunswick  
Robin Wrench / Simone Selzer t: 020 7404 5959

Notes to Editors

About OSB GROUP PLC

OSB began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired Charter Court Financial Services Group plc and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Group reports under two segments, OneSavings Bank and Charter Court Financial Services.

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