LA HULPE, BELGIUM – 28 September 2026, 7:00 a.m. CEST – Banqup Group SA (Euronext: BANQ) (Banqup, Company), a European fintech provider that simplifies financial flows through an innovative secured platform for e-invoicing, e-payment, e-reporting and e-trust solutions with built-in compliance at its core, within a consortium led by Dubai-based Clever Science Computer System Trading Co. LLC, today announced the signing of a major agreement with the UAE Federal Tax Authority (“FTA”) to develop and implement Peppol Corner 5 Access Point.

Within the consortium, Banqup has been selected as a technology provider responsible for supporting the development, implementation and operation of the Peppol Corner 5 Access Point for the FTA. The UAE eInvoicing programme is governed by the Ministry of Finance as the regulatory and policy-making authority, while the FTA serves as the operational body responsible for implementation and administration of taxes in the UAE. The solution will adopt a 5-corner model to provide a structured and secure framework for processing e-invoices through a trusted network of interconnected parties, forming part of the broader UAE eInvoicing ecosystem that includes multiple accredited service providers and participants. It will be implemented in alignment with the Peppol standard and the requirements of the FTA. The UAE’s mandatory e-invoicing system will be rolled out in phases, initially covering both B2B and B2G transactions. The first phase is scheduled to begin on 1 January 2027 and will apply to companies with annual revenue exceeding AED 50 million.

This engagement marks an important step forward in advancing the UAE’s digital transformation agenda. Following this collaboration, the UAE becomes the first country to implement a fully Decentralised Continuous Transaction Control and Exchange (“DCTCE”) model using the Peppol framework. Serving as a key component of this next-generation platform, Banqup’s Corner 5 Peppol solution will enable seamless, secure, and standardised near-real-time exchange of e-invoices and tax data within the FTA’s infrastructure, supporting interoperability across the wider network of accredited eInvoicing service providers operating within the UAE framework.

The new infrastructure will enhance tax administration by reducing the VAT gap, ensuring compliance, and providing the FTA with near-real-time visibility. By automating and standardising invoicing and reporting processes, the solution will drive operational efficiency and fiscal transparency across the UAE.

The agreed project timeline spans seven months, commencing on 27 October 2025. Following the design and implementation phase, which was successfully completed in May 2026 making UAE FTA first ever Corner 5 based entirely on Peppol framework, Banqup will provide managed services and technical support, reinforcing its dedication to sustainable, scalable digital transformation in the public sector. 

Banqup’s selection reflects its proven expertise in delivering government e-invoicing infrastructure for tax administrations, combined with regulatory compliance experience across European markets. With its comprehensive (e-invoicing, e-reporting and e-trust) cloud-based and on-premise platforms, designed for national-scale deployment, Banqup is well positioned to support the delivery of this world-first Peppol-based DCTCE system as part of the UAE’s broader eInvoicing ecosystem.

Koen De Brabander, CEO of Banqup Group, said: “This flagship project with the UAE Federal Tax Authority further cements our position as a global leader in government-grade e-invoicing solutions. We are proud to support the UAE’s digital transformation strategy. Our proven expertise in delivering secure, interoperable, and future-proof invoicing platforms will support the broader network of stakeholders and accredited service providers working together to build a more efficient, compliant, and transparent fiscal ecosystem.

Contact

David Geleyn
Head of Investor Relations – Banqup Group
investor.relations@banqup.com
media@banqup.com 

About Banqup Group

Banqup Group (Euronext Brussels: BANQ) architects the trust infrastructure needed to thrive in a digital-first economy. As a specialized European fintech provider and licensed payment institution, Banqup revolutionizes buying and selling for businesses and governments worldwide by digitalising financial supply chain processes within a secure, tax-compliant business network.

Moving beyond traditional software, Banqup operates a unified, open network platform that links business actors, accounting networks, banks, ERP systems, and tax authorities. Built around four interconnected pillars—e-invoicing, e-payments, e-reporting, and e-trust—Banqup enables digitisation of end-to-end order-to-cash and procure-to-pay workflows in full compliance with different regulatory frameworks.

Headquartered in Belgium with a history of pioneering digital transformation since 2001, Banqup is powering growth through effortless financial flows.

To learn more, visit www.banqup.com.

Cautionary note regarding forward-looking statements: The statements contained herein may include prospects, statements of future expectations, opinions, and other forward-looking statements in relation to the expected future performance of Banqup Group and the markets in which it is active. Such forward-looking statements are based on management’s current views and assumptions regarding future events. By nature, they involve known and unknown risks, uncertainties, and other factors that appear justified at the time at which they are made but may not turn out to be accurate. Actual results, performance or events may, therefore, differ materially from those expressed or implied in such forward-looking statements. Except as required by applicable law, Banqup Group does not undertake any obligation to update, clarify or correct any forward-looking statements contained in this press release in light of new information, future events or otherwise and disclaims any liability in respect hereto. The reader is cautioned not to place undue reliance on forward-looking statements.

Attachment

Appointment of two highly respected sector leaders reflects a strong belief in the strategic and commercial value of the company’s technology and reinforces its ability to accelerate its path to market

Ghent, BELGIUM, Sept. 28, 2026 (GLOBE NEWSWIRE) —             Press Release

Biotalys (Euronext Brussels: BTLS), an Agricultural Technology (AgTech) company developing protein-based biocontrol solutions for sustainable crop protection, today announced the appointment of Christine Berwaerts and Ioana Tudor to its Board as independent directors. Christine Berwaerts will also assume the role of Chair of the Audit Committee, reinforcing the company’s financial governance as it continues to advance its strategic and commercial objectives.

The appointment of two new directors further broadens the experience and perspectives represented on the Biotalys Board. Following the appointments, the Board will comprise seven directors, including three women and four men, reflecting the company’s commitment to an appropriately balanced and diverse board composition.

Christine Berwaerts brings almost three decades of leadership experience in financial management, business operations and corporate governance across both the private and non-profit sectors. Most recently, she served as Chief Financial Officer of Globachem, a leading player in crop protection. Prior to that, she held senior financial leadership positions including Chief Financial Officer of Belchim Crop Protection Group, where she contributed to the company’s financial-operational development and international growth. In addition to her executive experience, Christine Berwaerts currently serves as a member of the Board of Directors of De Lijn, the Flemish public transport company and the social non-profit organization SAAMO Brussels.

Ioana Tudor has built an outstanding international career in agriculture, spanning crop protection, seeds, biotechnology and business development. She currently serves as Global Head of Crop Protection Marketing, Professional Solutions for Syngenta Crop Protection as well as holding regional accountability for Japan, Australia & New Zealand. Ms Tudor is also a member of Syngenta’s Crop Protection Leadership Team. During nearly 30 years with Syngenta, she has held numerous executive roles, including Global Head of Seedcare, Global Head of Diverse Field Crops and Vice President of Business Development for NAFTA Corn & Soybean seeds business, leading growth initiatives, innovation portfolios and strategic transactions across multiple agricultural sectors. Ioana Tudor also chairs the Crop Protection Strategy Council of CropLife International, the leading global trade association for the plant science industry, and serves on the board of the Folks Center for International Business at the University of South Carolina.  

Simon Moroney, Chairman of Biotalys, commented: “We are delighted to welcome Christine and Ioana to the Biotalys Board. They bring complementary experience and perspectives that will further strengthen the Board as Biotalys advances its strategic, regulatory and commercial ambitions. Christine’s extensive track record in financial leadership, governance and the crop protection industry will be particularly valuable in her additional role as Chair of the Audit Committee. Ioana’s deep expertise in crop protection innovation, global market development and strategic leadership will add further valuable capabilities to the Board as the company advances the commercialization of its protein-based biocontrol platform. Their appointments also mark another important step in building a diverse and well-balanced board capable of supporting the company through its next stage of development.”

Christine Berwaerts said: “Biotalys is pioneering a promising new generation of biological crop protection solutions to help growers address important agricultural challenges. I am excited to join the Board at this important stage in the company’s development and look forward to working closely with my fellow board members and the management team to support the company’s growth and strategic ambitions.”

Ioana Tudor added: ”The future of crop protection will require a broader range of innovative solutions that combine performance, sustainability and value for growers. Biotalys is developing a differentiated approach with significant potential, and I look forward to helping the company translate its scientific innovation into long-term commercial success.”

Effective 1 September 2026, Christine Berwaerts replaces Laura Meyer who resigned from the Board in March this year and, effective as of 28 September 2026, Ioana Tudor replaces Patrick Van Beneden who retired from the Board in June this year. Both appointments are done in accordance with article 7:88 § 1 of the Belgian Code of Companies and Associations and article 13 of the company’s articles of association and will be proposed for confirmation at the next shareholders meeting. Both Christine Berwaerts and Ioana Tudor will be presented as independent directors to the next shareholders meeting.

About Biotalys

Biotalys is an Agricultural Technology (AgTech) company developing precision biocontrol solutions based on proteins for the protection of crops in both the pre- and post-harvest markets. The company provides novel solutions that bridge the efficacy and scale of chemistry with the environmental advantages of biological solutions. Based on its novel AGROBODY® technology platform, Biotalys is developing a strong and diverse pipeline of effective product candidates with a favorable safety profile that aim to address key crop pests and diseases across the whole value chain, from soil to plate. Biotalys was founded in 2013 as a spin-off from the VIB (Flanders Institute for Biotechnology) and is listed on Euronext Brussels. The company is based in the biotech cluster in Ghent, Belgium. More information can be found on www.biotalys.com.

For further information, please contact:

Toon Musschoot, Investor Relations & Communications
T: +32 (0)9 274 54 00
E: IR@biotalys.com

Important Notice

Biotalys, its business, prospects and financial position remain exposed and subject to risks and uncertainties. A description of and reference to these risks and uncertainties can be found in the annual report on the consolidated annual accounts published on the company’s website.

This announcement contains statements which are “forward-looking statements” or could be considered as such. These forward-looking statements can be identified by the use of forward-looking terminology, including the words ‘aim’, ‘believe’, ‘estimate’, ‘anticipate’, ‘expect’, ‘intend’, “have the potential”, ‘may’, ‘will’, ‘plan’, ‘continue’, ‘ongoing’, ‘possible’, ‘predict’, ‘plans’, ‘target’, ‘seek’, ‘would’ or ‘should’, and contain statements made by the company regarding the intended results of its strategy. By their nature, forward-looking statements involve risks and uncertainties and readers are warned that none of these forward-looking statements offers any guarantee of future performance. Biotalys’ actual results may differ materially from those predicted by the forward-looking statements. Biotalys makes no undertaking whatsoever to publish updates or adjustments to these forward-looking statements, unless required to do so by law.

Appointment of two highly respected sector leaders reflects a strong belief in the strategic and commercial value of the company’s technology and reinforces its ability to accelerate its path to market

Ghent, BELGIUM, Sept. 28, 2026 (GLOBE NEWSWIRE) —             Press Release

Biotalys (Euronext Brussels: BTLS), an Agricultural Technology (AgTech) company developing protein-based biocontrol solutions for sustainable crop protection, today announced the appointment of Christine Berwaerts and Ioana Tudor to its Board as independent directors. Christine Berwaerts will also assume the role of Chair of the Audit Committee, reinforcing the company’s financial governance as it continues to advance its strategic and commercial objectives.

The appointment of two new directors further broadens the experience and perspectives represented on the Biotalys Board. Following the appointments, the Board will comprise seven directors, including three women and four men, reflecting the company’s commitment to an appropriately balanced and diverse board composition.

Christine Berwaerts brings almost three decades of leadership experience in financial management, business operations and corporate governance across both the private and non-profit sectors. Most recently, she served as Chief Financial Officer of Globachem, a leading player in crop protection. Prior to that, she held senior financial leadership positions including Chief Financial Officer of Belchim Crop Protection Group, where she contributed to the company’s financial-operational development and international growth. In addition to her executive experience, Christine Berwaerts currently serves as a member of the Board of Directors of De Lijn, the Flemish public transport company and the social non-profit organization SAAMO Brussels.

Ioana Tudor has built an outstanding international career in agriculture, spanning crop protection, seeds, biotechnology and business development. She currently serves as Global Head of Crop Protection Marketing, Professional Solutions for Syngenta Crop Protection as well as holding regional accountability for Japan, Australia & New Zealand. Ms Tudor is also a member of Syngenta’s Crop Protection Leadership Team. During nearly 30 years with Syngenta, she has held numerous executive roles, including Global Head of Seedcare, Global Head of Diverse Field Crops and Vice President of Business Development for NAFTA Corn & Soybean seeds business, leading growth initiatives, innovation portfolios and strategic transactions across multiple agricultural sectors. Ioana Tudor also chairs the Crop Protection Strategy Council of CropLife International, the leading global trade association for the plant science industry, and serves on the board of the Folks Center for International Business at the University of South Carolina.  

Simon Moroney, Chairman of Biotalys, commented: “We are delighted to welcome Christine and Ioana to the Biotalys Board. They bring complementary experience and perspectives that will further strengthen the Board as Biotalys advances its strategic, regulatory and commercial ambitions. Christine’s extensive track record in financial leadership, governance and the crop protection industry will be particularly valuable in her additional role as Chair of the Audit Committee. Ioana’s deep expertise in crop protection innovation, global market development and strategic leadership will add further valuable capabilities to the Board as the company advances the commercialization of its protein-based biocontrol platform. Their appointments also mark another important step in building a diverse and well-balanced board capable of supporting the company through its next stage of development.”

Christine Berwaerts said: “Biotalys is pioneering a promising new generation of biological crop protection solutions to help growers address important agricultural challenges. I am excited to join the Board at this important stage in the company’s development and look forward to working closely with my fellow board members and the management team to support the company’s growth and strategic ambitions.”

Ioana Tudor added: ”The future of crop protection will require a broader range of innovative solutions that combine performance, sustainability and value for growers. Biotalys is developing a differentiated approach with significant potential, and I look forward to helping the company translate its scientific innovation into long-term commercial success.”

Effective 1 September 2026, Christine Berwaerts replaces Laura Meyer who resigned from the Board in March this year and, effective as of 28 September 2026, Ioana Tudor replaces Patrick Van Beneden who retired from the Board in June this year. Both appointments are done in accordance with article 7:88 § 1 of the Belgian Code of Companies and Associations and article 13 of the company’s articles of association and will be proposed for confirmation at the next shareholders meeting. Both Christine Berwaerts and Ioana Tudor will be presented as independent directors to the next shareholders meeting.

About Biotalys

Biotalys is an Agricultural Technology (AgTech) company developing precision biocontrol solutions based on proteins for the protection of crops in both the pre- and post-harvest markets. The company provides novel solutions that bridge the efficacy and scale of chemistry with the environmental advantages of biological solutions. Based on its novel AGROBODY® technology platform, Biotalys is developing a strong and diverse pipeline of effective product candidates with a favorable safety profile that aim to address key crop pests and diseases across the whole value chain, from soil to plate. Biotalys was founded in 2013 as a spin-off from the VIB (Flanders Institute for Biotechnology) and is listed on Euronext Brussels. The company is based in the biotech cluster in Ghent, Belgium. More information can be found on www.biotalys.com.

For further information, please contact:

Toon Musschoot, Investor Relations & Communications
T: +32 (0)9 274 54 00
E: IR@biotalys.com

Important Notice

Biotalys, its business, prospects and financial position remain exposed and subject to risks and uncertainties. A description of and reference to these risks and uncertainties can be found in the annual report on the consolidated annual accounts published on the company’s website.

This announcement contains statements which are “forward-looking statements” or could be considered as such. These forward-looking statements can be identified by the use of forward-looking terminology, including the words ‘aim’, ‘believe’, ‘estimate’, ‘anticipate’, ‘expect’, ‘intend’, “have the potential”, ‘may’, ‘will’, ‘plan’, ‘continue’, ‘ongoing’, ‘possible’, ‘predict’, ‘plans’, ‘target’, ‘seek’, ‘would’ or ‘should’, and contain statements made by the company regarding the intended results of its strategy. By their nature, forward-looking statements involve risks and uncertainties and readers are warned that none of these forward-looking statements offers any guarantee of future performance. Biotalys’ actual results may differ materially from those predicted by the forward-looking statements. Biotalys makes no undertaking whatsoever to publish updates or adjustments to these forward-looking statements, unless required to do so by law.

Strengthens global semiconductor supply chain resilience; monthly capacity expected to reach 44,000 12-inch wafers by 2029

VSMC Celebrates the Grand Opening of Its First 300mm Fab in Singapore

The event was attended by (from left to right): Jacqueline Poh, CEO, JTC Corporation; Mike Mevissen, Senior Vice President, NXP Semiconductors; Andy Micallef, Executive Vice President and Chief Operations and Manufacturing Officer, NXP Semiconductors; Rafael Sotomayor, President and Chief Executive Officer, NXP Semiconductors; Dr. Tan See Leng, Minister for Trade and Industry (Energy and Industry); Leuh Fang, Chairman, VSMC and VIS; Goh Inn Swee, Acting CEO, VSMC; Arthur Chuang, Vice President, TSMC; John Wei, President, VIS; Png Cheong Boon, Chairman, Singapore Economic Development Board
The event was attended by (from left to right): Jacqueline Poh, CEO, JTC Corporation; Mike Mevissen, Senior Vice President, NXP Semiconductors; Andy Micallef, Executive Vice President and Chief Operations and Manufacturing Officer, NXP Semiconductors; Rafael Sotomayor, President and Chief Executive Officer, NXP Semiconductors; Dr. Tan See Leng, Minister for Trade and Industry (Energy and Industry); Leuh Fang, Chairman, VSMC and VIS; Goh Inn Swee, Acting CEO, VSMC; Arthur Chuang, Vice President, TSMC; John Wei, President, VIS; Png Cheong Boon, Chairman, Singapore Economic Development Board

VSMC Celebrates the Grand Opening of Its First 300mm Fab in Singapore

The event was attended by (from left to right): Jacqueline Poh, CEO, JTC Corporation; Mike Mevissen, Senior Vice President, NXP Semiconductors; Andy Micallef, Executive Vice President and Chief Operations and Manufacturing Officer, NXP Semiconductors; Rafael Sotomayor, President and Chief Executive Officer, NXP Semiconductors; Dr. Tan See Leng, Minister for Trade and Industry (Energy and Industry); Leuh Fang, Chairman, VSMC and VIS; Goh Inn Swee, Acting CEO, VSMC; Arthur Chuang, Vice President, TSMC; John Wei, President, VIS; Png Cheong Boon, Chairman, Singapore Economic Development Board
The event was attended by (from left to right): Jacqueline Poh, CEO, JTC Corporation; Mike Mevissen, Senior Vice President, NXP Semiconductors; Andy Micallef, Executive Vice President and Chief Operations and Manufacturing Officer, NXP Semiconductors; Rafael Sotomayor, President and Chief Executive Officer, NXP Semiconductors; Dr. Tan See Leng, Minister for Trade and Industry (Energy and Industry); Leuh Fang, Chairman, VSMC and VIS; Goh Inn Swee, Acting CEO, VSMC; Arthur Chuang, Vice President, TSMC; John Wei, President, VIS; Png Cheong Boon, Chairman, Singapore Economic Development Board

SINGAPORE, Sept. 28, 2026 (GLOBE NEWSWIRE) — VisionPower Semiconductor Manufacturing Company Pte. Ltd. (VSMC), the joint venture established in September 2024 by Vanguard International Semiconductor Corporation (VIS, TPEx: 5347) and NXP Semiconductors N.V. (NXP, NASDAQ: NXPI), today marked the grand opening of its first 12-inch (300mm) fab in Tampines, Singapore.

The opening ceremony was attended by distinguished guests, including Dr. Tan See Leng, Singapore’s Minister for Trade and Industry (Energy and Industry); Mr. Png Cheong Boon, Chairman of the Singapore Economic Development Board (EDB); and Ms. Jacqueline Poh, Chief Executive Officer of JTC Corporation. Representatives from TSMC and other valued partners, along with customers, suppliers, industry associations, and government agencies were also present. Together with management teams from VSMC, VIS, and NXP, guests gathered to celebrate the opening of the new facility. With construction now complete, the fab has entered the risk production stage, with volume production scheduled to begin in the first quarter of 2027.

Established in 2024, VSMC held a groundbreaking ceremony in December of the same year. Following 22 months of construction, the fab successfully processed its first sample lot, achieving yields above 99%, and remains on track to begin volume production as scheduled. The fab will support process technologies ranging from 130nm to 40nm for mixed-signal, power management, analog, and interposer applications serving the high-performance computing (HPC), mobile, automotive, industrial, and consumer end markets.

The fab adopts a fully automated smart manufacturing model, integrating artificial intelligence and digital management technologies to continuously enhance operational efficiency and customer service quality. At full capacity by 2029, the fab is expected to produce approximately 44,000 12-inch wafers per month, create around 1,600 jobs, and further strengthen Singapore’s semiconductor ecosystem while creating new opportunities for collaboration and support long-term economic growth for the region’s high-tech industries.

“Today’s opening ceremony marks a significant milestone for VSMC and reflects VIS’ long-term commitment to deepening its presence in Singapore while expanding its global footprint,” said VSMC and VIS Chairman Leuh Fang. “Since establishing the joint venture in 2024, we have worked closely with NXP Semiconductors and our partners to complete construction of our first 12-inch fab. With the fab now officially operational, we will be better positioned to meet our customers’ growing demand for specialty IC manufacturing, further strengthen the resilience of the global semiconductor supply chain, and contribute to the continued growth of Singapore’s high-tech industry and semiconductor ecosystem.”

“The VSMC joint venture fab marks an important milestone in further strengthening NXP’s manufacturing base and assurance to support long-term customer demand,” said Rafael Sotomayor, President and Chief Executive Officer of NXP. “Building on decades of operations and investment in Singapore, VSMC enhances our geographic resilience, supply control, and cost competitiveness, while advancing our differentiated hybrid manufacturing strategy. Our planned manufacturing capacity at VSMC remains unchanged, helping us drive sustainable growth and deliver the innovative technologies that are enabling the next generation of intelligent edge and Physical AI systems.”

Ms. Cindy Koh, Executive Vice President, Singapore Economic Development Board (EDB), said: “VSMC’s fab reflects the strong confidence that global companies continue to place in Singapore as a global node for advanced manufacturing and semiconductor value chain. Beyond adding new capabilities and capacity to Singapore’s semiconductor ecosystem, VSMC’s collaborations with our institutes of higher learning will equip our local workforce to contribute to technologies that shape industries and trends. VSMC’s efforts across carbon abatement, energy efficiency and water recycling reflects its ongoing commitment to more sustainable manufacturing practices in Singapore.”

VSMC is committed to advancing sustainability and developing future talent. The fab was designed and constructed in accordance with LEED (Leadership in Energy and Environmental Design) and Singapore’s Green Mark standards. By incorporating renewable energy solutions and embracing green manufacturing practices, VSMC continues to improve resource efficiency and reduce environmental impact. Through these efforts, VSMC is progressing toward its goal of operating a fab that delivers manufacturing excellence while upholding environmental responsibility. In addition, VSMC is actively strengthening industry-academia collaboration. The company has signed memoranda of understanding (MOUs) with leading universities in Singapore and is cultivating semiconductor talent through internship and professional training programs, helping build a sustainable pipeline of semiconductor talent for the industry’s future growth.

About VSMC
VisionPower Semiconductor Manufacturing Company Pte. Ltd. (VSMC) is a specialty semiconductor foundry joint venture established by Vanguard International Semiconductor Corporation (VIS, TPEx 5347) and NXP Semiconductors N.V. (NXP, NASDAQ: NXPI) in September 2024. Based in Singapore, VSMC provides specialty foundry services on 12-inch wafers, supporting mixed-signal, power management, analog, and interposer technologies for automotive, industrial, consumer, mobile, and high-performance computing applications. VSMC’s first fab is located in Tampines, Singapore, and is designed to deliver high-quality manufacturing solutions to customers worldwide.

For further information, please contact:

VIS Spokesperson: VIS Public Relations:
Amanda Huang Hui-Chung Su
Vice President & CFO hcsuc@vis.com.tw
pr@vis.com.tw  886-3-5770355 #1901
886-3-5770355  
   
NXP Investor Relations: NXP Public Relations:
Mike Lucarelli – Global Paige Iven – Americas and EU 
mike.lucarelli@nxp.com paige.iven@nxp.com
+1 617 943 6892 +1 817 975 0602
   
  Jenny YC Chen – Asia Pacific
  jenny.yc.chen@nxp.com
   

NXP-CORP

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/56317617-718a-4700-a402-bcbe72012bce

https://www.globenewswire.com/NewsRoom/AttachmentNg/4f893e87-e636-4058-8f03-95d66e001e31

  • The 2026 iCAUR International User Summit is set to take place in Wuhu, China, from October 19 to 23, bringing together user representatives, media and partners from around the world.
  • Building on the brand philosophy of “Classic Never Fades,” iCAUR will join global users in exploring the fusion of classic design and innovation to shape a shared “Future Classic.”
  • Centering on personalized expression and user co-creation, the summit will showcase diverse driving lifestyles and modification culture through flagship events including the User Modification Carnival.

WUHU, China, Sept. 27, 2026 (GLOBE NEWSWIRE) — Chery Group’s iCAUR today announced that the 2026 iCAUR International User Summit will be held in Wuhu, China, from October 19 to 23.  The event will gather delegates from nearly 100 countries worldwide, including user representatives, media outlets and industry partners. Attendees will gain first-hand insights into iCAUR’s latest advancements in brand building, product development and user co-creation, while participating in immersive exchanges and experience activities themed on automotive modification culture.

This year’s summit will debut the inaugural User Modification Carnival, a platform empowering global users to demonstrate their creativity and share modification experiences. Additionally, iCAUR will unveil a global user co-creation framework, unlocking more co-creation opportunities for users to define the brand in their own ways.

Hosted in Wuhu last October, the inaugural iCAUR International User Summit welcomed more than 1,000 user representatives, media practitioners and industry partners from nearly 100 countries. At the event, iCAUR officially launched its brand philosophy “Classic Never Fades”, anchored by the core values of classic heritage, technological innovation and user co-creation. A series of immersive on-site activities, including the Modified Vehicle Display, the Smart Factory Tour, the Golden Range-Extender Off-Road Experience Camp and the Brand Sharing Sessions, gave attendees a comprehensive view of iCAUR’s products, manufacturing and user co-creation practices. More than 1,000 pieces of user feedback were collected at the summit, providing valuable input for iCAUR’s subsequent product optimization and user ecosystem development.

1

Over the past year, iCAUR has established a market presence in more than 40 countries and regions, with the V23 and V27 launched in core markets such as the Middle East and Southeast Asia. As its global footprint continues to expand, this year’s summit will serve as another key offline communication bridge between iCAUR and its global user community. Through the User Modification Carnival and co-creation initiatives, iCAUR will further integrate user creativity and needs into its brand development strategy.

Building on its enduring brand philosophy and ongoing co-creation endeavours, iCAUR hopes to work with global users to shape “Future Classics” in more personalized ways. The event will also showcase the Mojia robot AiMOGA, an embodied-intelligence robot working to become a globally leading and trustworthy intelligent assistant. More details about the summit agenda, along with product, technology and user plans, will be unveiled in the coming weeks.

Serena Wang

Email: wangjieyun2@mychery.com

Website: iCAUR GLOBAL WEB

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e40b6627-f3b7-4247-ab7e-3a4803b49dec

First-in-class KRAS-payload leveraging synchronized EGFR inhibition

HONG KONG and SHANGHAI and FLORHAM PARK, N.J., Sept. 27, 2026 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED” or the “Company”) (Nasdaq/AIM:HCM; HKEX:13) today announces that it has initiated the Phase Ia part of a global clinical trial of HMPL-A830 in patients with unresectable, advanced or metastatic solid tumors. The first patient received the first dose in China on September 24, 2026.

An Antibody-Targeted Therapy Conjugate (“ATTC”) enables tumor-specific activity of potent, cell-killing, targeted therapy payloads by leveraging antibody-guided delivery. This first-in-class ATTC drug candidate comprises a highly selective and potent Kirsten rat sarcoma (“KRAS”) small molecule inhibitor payload conjugated to an anti-epidermal growth factor receptor (“EGFR”) antibody. Colorectal, pancreatic and lung cancers have the highest incidence of patients with KRAS-altered tumors, who often lack a safe and durable KRAS therapy. HMPL-A830 is designed to address this need by delivering a KRAS inhibitor directly to EGFR-expressing tumors, while simultaneously blocking EGFR and KRAS signaling to enhance efficacy, durability, and tolerability.

This first-in-human, multicenter, open-label Phase I clinical study evaluates the safety, tolerability, pharmacokinetics, immunogenicity and preliminary efficacy of HMPL-A830. The current study consists of a Phase Ia dose escalation part to determine the maximum tolerated dose and recommended dose for expansion. The subsequent dose expansion/​optimization part is to further characterize its safety, tolerability and preliminary anti-tumor activity in selected solid tumors. Additional details may be found at clinicaltrials.gov, using identifier NCT07718581.

On September 3, 2026, HUTCHMED Limited (a subsidiary of the Company) entered into an exclusive development and license agreement with a subsidiary of GSK plc (“GSK”), granting the GSK subsidiary worldwide rights excluding Mainland China, Hong Kong, Macau and Taiwan to develop and commercialize HMPL-A830. HUTCHMED Limited is responsible for the global Phase I development program of HMPL-A830. The GSK subsidiary will be responsible for all subsequent clinical development and commercialization activities outside of Mainland China, Hong Kong, Macau and Taiwan. The agreement is subject to customary closing conditions, including completion of any antitrust regulatory reviews.

About HUTCHMED ATTCs

HUTCHMED’s ATTCs represent a next-generation approach to precision oncology, combining monoclonal antibodies with proprietary small-molecule inhibitor payload platforms to deliver dual mechanisms of action. Unlike traditional cytotoxin-based antibody-drug conjugates, ATTCs combine targeted therapies to achieve synergistic anti-tumor activity and durable responses in preclinical models, outperforming standalone antibody or small-molecule inhibitor components in both efficacy and safety.

Built on over 20 years of targeted therapy expertise, the ATTC platforms enable development of drug candidates across diverse cancer types. By leveraging antibody-guided delivery and tumor-specific payload release, ATTCs improve accessibility to tumors and reduce off-tumor toxicity. This may overcome the on-target, off-tumor toxicity limitations of systemically-delivered small molecule inhibitors, which in turn could ensure safer long-term use and support combinations with chemotherapy and immunotherapy in earlier-line treatments.

About KRAS

Rat sarcoma (“RAS”) mutations represent one of the most prevalent and well-established drivers in human oncology, driving the progression and aggressive pathology of multiple solid tumors. KRAS, the most dominant RAS isoform, is mutated in approximately 44% of colorectal cancer (“CRC”), 34% of lung adenocarcinoma and up to 89% of pancreatic ductal adenocarcinoma (“PDAC”) patients.1 KRAS regulates key downstream pathways, including RAS/MAPK and PI3K/AKT/mTOR, to drive cell differentiation, proliferation, and survival.

While recent targeted therapies have validated KRAS as a viable therapeutic target, significant clinical gaps persist, particularly for patients with non-G12C mutations. Most patients eventually experience disease progression driven by acquired resistance, largely fueled by upstream receptor tyrosine kinase upregulation and secondary KRAS alterations. Beyond mutation coverage, systemic delivery of pan-KRAS and pan-RAS inhibitors is associated with on-target toxicities, such as dermatological toxicity reflecting RAS pathway inhibition in normal tissue. These present challenges for dosing, long-term tolerability, and combination with cytotoxic chemotherapy or immunotherapy backbones that constitute frontline standard-of-care.

About EGFR

EGFR is a widely expressed receptor tyrosine kinase and established driver of tumor cell proliferation, survival, and disease progression across multiple solid tumors, including CRC, PDAC, and non-small cell lung cancer (“NSCLC”). Signaling through EGFR activates the downstream RAS/MAPK and PI3K/AKT/mTOR pathways, positioning the receptor immediately upstream of KRAS. EGFR has also emerged as a key mediator of resistance to KRAS-targeted therapies, particularly in CRC, where adaptive feedback and increased upstream EGFR signaling reactivate the MAPK pathway and limit the depth and durability of KRAS inhibition. Together, these provide a strong rationale for the dual targeting of EGFR and KRAS, not only in CRC but also additional indications such as PDAC and NSCLC.

About HUTCHMED

HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. Since inception it has focused on bringing drug candidates from in-house discovery to patients around the world, with its first four medicines marketed in China, the first of which is also approved around the world including in the US, Europe and Japan. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED’s current expectations regarding future events, including, without limitation, statements concerning HUTCHMED’s future plans and prospects, its expectations regarding the therapeutic potential of HMPL-A830 and other drug candidates from the ATTC platform and the further development of HMPL-A830 and other drug candidates from the ATTC platform in this and other indications, as well as the safety, efficacy, tolerability, scalability or combinability of all candidates from the ATTC platform. Forward-looking statements involve risks and uncertainties. Such risks and uncertainties include, among other things, assumptions regarding the amount and timely receipt of the considerations; satisfaction of the conditions precedent to the consummation of the proposed transactions (including the ability of the parties to secure regulatory approvals on the terms expected, at all or in a timely manner); the ability of the parties to complete the proposed transactions; the continued sufficiency of preclinical and clinical data to support development and approval of the ATTC-based R&D candidates in China, the United States and other jurisdictions; their potential to gain clinical trial approvals from regulatory authorities; the efficacy and safety profile of HMPL-A830 and other drug candidates from the ATTC platform; the timing and outcome of clinical studies and the sufficiency of clinical data to support an new drug application submission of HMPL-A830 and other drug candidates from the ATTC platform in China, the United States or other jurisdictions; its potential to gain approvals from regulatory authorities on an expedited basis or at all; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials or the regulatory pathway for the ATTC candidates; HUTCHMED or GSK’s ability to fund, implement and complete its further clinical development and commercialization plans for HMPL-A830 and other drug candidates from the ATTC platform and the timing of these events. In addition, when or if used herein, the words and phrases “aims,” “anticipates,” “believes,” “continue,” “estimates,” “expects,” “intends,” “may,” “on track,” “predicts,” “plans,” “potential,” “promising,” “should,” “to be,” “will,” and similar expressions and their variants, as they relate to HUTCHMED may identify forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Although HUTCHMED believes the expectations reflected in such forward-looking statements are reasonable, HUTCHMED can give no assurance that such expectations will prove to be correct. Readers are cautioned that actual results, levels of activity, safety, performance or events and circumstances could differ materially from those expressed or implied HUTCHMED’s forward-looking statements due to a variety of risks and uncertainties, which include, without limitation, assumptions regarding the safety, efficacy, supply, continued regulatory approval of these therapeutics, and in some cases connected to the risks of the use of other drug products as combination therapeutics. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. For further discussion of these and other risks, see HUTCHMED’s filings with the US Securities and Exchange Commission, The Stock Exchange of Hong Kong Limited and on AIM. HUTCHMED undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

Medical Information

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

CONTACTS

Investor Enquiries +852 2121 8200 / ir@hutch-med.com
   
Media Enquiries  
FTI Consulting – +44 20 3727 1030 / HUTCHMED@fticonsulting.com
Ben Atwell / Tim Stamper +44 7771 913 902 (Mobile) / +44 7779 436 698 (Mobile)
Brunswick – Zhou Yi +852 9783 6894 (Mobile) / HUTCHMED@brunswickgroup.com
   
Panmure Liberum Nominated Advisor and Joint Broker
Atholl Tweedie / Emma Earl / Rupert Dearden +44 20 7886 2500
   
Cavendish Joint Broker
Geoff Nash / Nigel Birks +44 20 7220 0500
   
Deutsche Numis Joint Broker
Duncan Monteith / Ramin Naji +44 20 7545 8000

REFERENCES  
1 Singhal A, Li BT & O’Reilly EM. Targeting KRAS in cancer. Nat Med 30, 969–983 (2024). DOI: 10.1038/s41591-024-02903-0

SHANGHAI, Sept. 27, 2026 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the entry into definitive agreements with certain subsidiaries of Zhejiang Geely Holding Group Co., Ltd. (“Geely Holding Group”) in connection with a strategic transaction in battery swapping and charging businesses.

Pursuant to the definitive agreements, subject to regulatory clearances and other customary closing conditions, a subsidiary of Geely Holding Group will use (i) its holding of 100% of the equity interest of Yiyi Internet Technology (Chongqing) Co., Ltd., a subsidiary of Geely Holding Group that provides battery swapping services for the commercial mobility market, plus (ii) RMB640 million in cash as consideration to subscribe for newly issued equity interest of NIO Energy Investment (Hubei) Co., Ltd. (“NIO Power”), a subsidiary of NIO that operates battery swapping and charging businesses. Upon completion of the transaction, the Geely Holding Group subsidiary will hold 30.0% of NIO Power’s total equity interest, NIO Holding Co., Ltd. (“NIO China”), a subsidiary of NIO, will continue to hold a controlling equity interest of 63.6%, and an existing investor, Wuhan Guangchuang Emerging Technology Phase I Venture Capital Fund Partnership (Limited Partnership), will hold the remaining 6.4%. The transaction values NIO Power at a post-money valuation of approximately RMB16 billion.

The equity interest held by the subsidiary of Geely Holding Group is subject to post-closing adjustments tied to certain operational milestones, pursuant to which the equity interest may be reduced to no less than 20% in the event of underperformance. The subsidiary was also granted an option, exercisable within the earlier of two years following closing of this transaction and the date when NIO Power enters into binding agreements for a new round of financing, to make a further cash investment of RMB640 million into NIO Power which, without considering any post-closing adjustment, would result in its equity interest in NIO Power being 34.0% and NIO China’s controlling equity interest being 60.0%.

Concurrently with the NIO Power transaction, subject to regulatory clearances and other customary closing conditions, NIO China has agreed to subscribe for newly issued equity interest of Zhejiang Haohan Energy Technology Co., Ltd. (“Haohan Energy”), a subsidiary of Geely Holding Group that operates a battery charging business, with cash consideration which will be used to purchase certain charging assets from NIO. Upon completion of the transaction, NIO China will hold 10.0% of Haohan Energy’s total equity interest.

In addition, NIO and Geely Holding Group have made preliminary plans for the adoption of battery swapping technology and provision of related services for both consumer-facing vehicle models and commercial mobility businesses from Geely Holding Group’s related entities. The finalization and implementation of these plans are subject to further discussions between the relevant parties.

The transactions and initiatives outlined above reflect industry recognition of NIO’s battery swapping technologies, network and operational capabilities. Through strategic collaboration with industry players, NIO expects to further promote the adoption of battery swapping, continuously enhance user experience, accelerate the growth of electric vehicle penetration and further unlock the long-term value of battery swapping.

About NIO Inc.

NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of “Blue Sky Coming”. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, premium smart electric vehicles for families through the ONVO brand, and high-end smart electric compact cars with the FIREFLY brand.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please visit: http://ir.nio.com

Investor Relations
ir@nio.com

Media Relations
global.press@nio.com

SHANGHAI, Sept. 27, 2026 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the entry into definitive agreements with certain subsidiaries of Zhejiang Geely Holding Group Co., Ltd. (“Geely Holding Group”) in connection with a strategic transaction in battery swapping and charging businesses.

Pursuant to the definitive agreements, subject to regulatory clearances and other customary closing conditions, a subsidiary of Geely Holding Group will use (i) its holding of 100% of the equity interest of Yiyi Internet Technology (Chongqing) Co., Ltd., a subsidiary of Geely Holding Group that provides battery swapping services for the commercial mobility market, plus (ii) RMB640 million in cash as consideration to subscribe for newly issued equity interest of NIO Energy Investment (Hubei) Co., Ltd. (“NIO Power”), a subsidiary of NIO that operates battery swapping and charging businesses. Upon completion of the transaction, the Geely Holding Group subsidiary will hold 30.0% of NIO Power’s total equity interest, NIO Holding Co., Ltd. (“NIO China”), a subsidiary of NIO, will continue to hold a controlling equity interest of 63.6%, and an existing investor, Wuhan Guangchuang Emerging Technology Phase I Venture Capital Fund Partnership (Limited Partnership), will hold the remaining 6.4%. The transaction values NIO Power at a post-money valuation of approximately RMB16 billion.

The equity interest held by the subsidiary of Geely Holding Group is subject to post-closing adjustments tied to certain operational milestones, pursuant to which the equity interest may be reduced to no less than 20% in the event of underperformance. The subsidiary was also granted an option, exercisable within the earlier of two years following closing of this transaction and the date when NIO Power enters into binding agreements for a new round of financing, to make a further cash investment of RMB640 million into NIO Power which, without considering any post-closing adjustment, would result in its equity interest in NIO Power being 34.0% and NIO China’s controlling equity interest being 60.0%.

Concurrently with the NIO Power transaction, subject to regulatory clearances and other customary closing conditions, NIO China has agreed to subscribe for newly issued equity interest of Zhejiang Haohan Energy Technology Co., Ltd. (“Haohan Energy”), a subsidiary of Geely Holding Group that operates a battery charging business, with cash consideration which will be used to purchase certain charging assets from NIO. Upon completion of the transaction, NIO China will hold 10.0% of Haohan Energy’s total equity interest.

In addition, NIO and Geely Holding Group have made preliminary plans for the adoption of battery swapping technology and provision of related services for both consumer-facing vehicle models and commercial mobility businesses from Geely Holding Group’s related entities. The finalization and implementation of these plans are subject to further discussions between the relevant parties.

The transactions and initiatives outlined above reflect industry recognition of NIO’s battery swapping technologies, network and operational capabilities. Through strategic collaboration with industry players, NIO expects to further promote the adoption of battery swapping, continuously enhance user experience, accelerate the growth of electric vehicle penetration and further unlock the long-term value of battery swapping.

About NIO Inc.

NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of “Blue Sky Coming”. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, premium smart electric vehicles for families through the ONVO brand, and high-end smart electric compact cars with the FIREFLY brand.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please visit: http://ir.nio.com

Investor Relations
ir@nio.com

Media Relations
global.press@nio.com

HIGHLIGHTS:

  • First gold pour at the Koné mine achieved on budget and ahead of the initial schedule of Q2-2027
  • +14.1 million hours worked to date with a strong safety record
  • Construction of the Koné mine has created approximately 3,600 jobs with over 95% national employment and will create approximately 1,500 permanent roles during operations
  • Full ramp-up of the oxide circuit to commercial production expected to be achieved by year-end
  • Hard-rock comminution circuit remains on-budget and on-schedule for completion in Q2-2027
  • 130,000 meters of drilling is underway at the Koné mine for 2026, which will total 380,000 meters drilled since the 2024 Updated Feasibility Study was published

ABIDJAN, Côte d’Ivoire, Sept. 27, 2026 (GLOBE NEWSWIRE) — Montage Gold Corp. (“Montage” or the “Company”) (TSX: MAU, OTCQX: MAUTF) is pleased to report that it has achieved first gold pour at the Company’s flagship Koné mine, in Côte d’Ivoire, on-budget and ahead of schedule.

Construction began in December 2024, and the first gold pour was achieved on September 26, 2026, yielding approximately 1,140 ounces of gold. More than 400,000 tonnes of ore have been processed since ore was first introduced into the oxide circuit on September 8, 2026. The addition and early completion of the oxide circuit enabled gold production significantly ahead of the initial schedule. The oxide circuit is expected to reach commercial production in Q4-2026, while construction of the hard-rock comminution circuit remains on budget and on track for completion in Q2-2027.

Figure 1: First gold pour at the Koné mineFigure 1

Martino De Ciccio, CEO of Montage commented: “We are thrilled to have achieved first production at our Koné mine safely, on budget, and ahead of schedule. It marks a significant milestone in the rapid execution of our strategy of creating a premier multi-asset African gold producer.

Koné is now the ninth operating gold mine in Côte d’Ivoire and poised to deliver strong benefits for all stakeholders, with approximately 3,600 direct jobs created to date, over 95% of which are nationals, and many more indirectly created. We’d like to thank our employees for their strong dedication along with everyone who has contributed to reaching this important milestone, including our local stakeholders, financiers, suppliers and contractors.

We look forward to continuing to rapidly grow our business by advancing our development pipeline, with notably the Didievi project in Côte d’Ivoire which is poised to become our next development asset.”

Peder Olsen, President and Chief Development Officer of Montage commented: “We are extremely proud to be delivering the Koné project well ahead of schedule and on budget. Our ability to self-perform construction activities has significantly reduced capital cost requirements and allowed us to optimize the construction timeline. Ramp-up of the oxide circuit is progressing well with ore from the Koné deposit being directly fed into the mill, while we look forward to commencing mining activities at the higher-grade Gbongogo Main satellite deposit in late Q4-2026 and other recently discovered higher grade satellite deposits over the course of 2027.”

Construction of the Koné mine has created approximately 3,600 jobs, of which over 95% were nationals thanks to the training programmes initiated prior to launching construction. Montage’s owner-mining operating model has allowed construction employees to transition within the operating team, thanks to further training programmes and on-site truck-driving simulators. Once ramped up, the operation is expected to create approximately 1,500 permanent roles and many more indirect roles.

Mining activities at the Koné deposit are progressing well with low working capital requirements as the oxide circuit allows for minimal rehandling as the majority of the ore mined from surface is being fed directly into the plant. Mining of the higher grade Gbongogo Main deposit is expected to commence in late 2026, while mining at other recently discovered higher grade satellite deposits is expected to commence over the course of 2027.

The Probable Reserves for the Koné mine, as published along with the 2024 Updated Feasibility Study (“2024 Feasibility Study”), stood at 4.01Moz at a grade of 0.72 g/t Au, comprised of 3.52Moz at 0.67 g/t Au and 0.49Moz at 1.43 g/t Au for the Koné and Gbongogo Main deposits, respectively. Given the exploration success, 12 deposits have now been delineated while mineralization has been intercepted at 25 targets with over 20 targets yet to be drill tested. On June 15, 2026, the Company reported that Measured and Indicated (“M&I”) Resources for higher grade satellite deposits have increased by 1.14Moz to 1.66Moz at 1.51 g/t Au compared to 520koz at 1.48 g/t Au, which was used as a basis for the 2024 Feasibility Study whilst Inferred Resources for satellite deposits have increased from nil to 766koz at 1.34 g/t Au. The overall Koné mine M&I Resources have increased by 1.42Moz to 6.29Moz, with grade improving by 27% to 0.80 g/t Au, and Inferred Resources have increased by 1.62Moz to 2.03Moz, with grade increasing by 36% to 0.68 g/t Au, as compared to the basis used for the 2024 Feasibility Study1.

An exploration programme consisting of over 130,000 meters of drilling is underway at the Koné mine for 2026, which once complete will total over 380,000 meters of drilling since the publication of the 2024 Feasibility Study, aimed at discovering higher-grade satellite deposits with the objective of boosting production from the onset. As previously announced, the Company expects to publish an updated life of mine plan for the Koné mine along with year-end reserves and resources, to incorporate new data for the Koné, Gbongogo Main and other higher-grade satellite deposits, as well as the initiatives undertaken to further unlock value including the oxide circuit, process plant design enhancements, and the shift to an owner-operated mining model.

NEXT STEPS
Key upcoming catalysts by asset across the Company include:

Table 1: Key upcoming catalysts by asset

PROPERTY CATALYST
Koné mine
  • Further exploration results from the ongoing 130,000-meter drilling programme in Q4-2026
  • Updated life of mine plan along with 2026 year-end reserves and resources
  • Ramp-up to commercial production on the oxide circuit during Q4-2026
  • Completion of the hard-rock comminution circuit in Q2-2027
Didievi project
  • Exploration results from the ongoing drilling programme, which is expected to yield an updated resource estimate
Wendé property
  • Further exploration results from the recently completed 9,000-meter drill programme in Q4-2026
Mauritania greenfield properties
  • Early-stage exploration activities ongoing with scout drilling to commence in Q4-2026
   

ABOUT MONTAGE GOLD 
Montage Gold Corp. (TSX: MAU) is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Koné mine, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the “UFS”), the Koné mine has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and entered production in Q3-2026. The Company has also built a high-quality, multi-asset growth pipeline including the Didievi and Wendé properties in Côte d’Ivoire, and a portfolio of prospective exploration tenements in Mauritania.

CONTACT INFORMATION

For Investor Relations Inquiries:
Jake Cain
Strategy & Investor Relations Manager
jcain@montagegold.com
+44-7788-687-567
For Media Inquiries:
John Vincic
Oakstrom Advisors
john@oakstrom.com 
+1-647-402-6375
For Regulatory Inquiries:
Kathy Love
Corporate Secretary
klove@montagegold.com
+1-604-512-2959
     

QUALIFIED PERSONS STATEMENT
The scientific and technical contents of this press release have been verified and approved by Mr. Peder Olsen, a Qualified Person pursuant to NI 43-101. Mr. Olsen, President and Chief Development Officer of Montage, is a registered Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM).

FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking information and forward-looking statements within the meaning of Canadian securities legislation (collectively, “Forward-looking Statements”). All statements, other than statements of historical fact, constitute Forward-looking Statements. Words such as “will”, “intends”, “proposed” and “expects” or similar expressions are intended to identify Forward-looking Statements. Forward-looking Statements in this press release include statements related to the Company’s objectives of achieving commercial production through the oxide circuit in Q4-2026, and remaining on-schedule for completion of the hard-rock comminution circuit in the second quarter of 2027; the items listed under the table in “Key upcoming catalysts by asset” and similar statements elsewhere in this press release; the Company’s mineral reserve and resource estimates; results of ongoing and planned exploration and drill programmes; timing in respect of the commencement and completion of construction of various components of the Koné mine, the length of construction and of the mining operations at the Koné mine; the timing and amount of future production from the Koné mine; the publication of maiden or new resource estimates for the Company’s properties and an updated LOM plan; the award of new permits; and further information related to exploration programmes, exploration results and timing thereof at the Didievi project, the Wendé property and the Company’s exploration properties in Mauritania.

Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that any Forward-looking Statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements, including that the returns from the Koné mine will be lower than estimated, that additions to the mineral resources will not be achieved or that the remaining cost of construction of the Koné mine will be higher than estimated, that the updated LOM plan will indicate lower financial returns or production. Important factors that could cause actual results to differ materially from include uncertainties inherent in the preparation of mineral reserve and resource estimates and definitive feasibility studies, and in delineating new mineral reserve and resource estimates, including but not limited to, assumptions underlying the production estimates not being realized, incorrect cost assumptions, decreases in the price of gold, unexpected variations in quantity of mineralized material, grade or recovery rates being lower than expected, unexpected adverse changes to geotechnical or hydrogeological considerations, or expectations in that regard not being met, unexpected failures of plant, equipment or processes (including construction equipment), delays in or increased costs for the delivery of construction equipment and services, unexpected changes to availability of power or the power rates, failure to maintain permits and licenses, higher than expected interest or tax rates, adverse changes in project parameters, unanticipated delays and costs of consulting and accommodating rights of local communities, environmental risks inherent in the Côte d’Ivoire, title risks, including failure to renew concessions, unanticipated commodity price and exchange rate fluctuations, delays in or failure to receive access agreements or amended permits, and other risk factors set forth in the Company’s Annual Information Form available at www.sedarplus.ca, under the heading “Risk Factors”. The Company undertakes no obligation to update or revise any Forward-looking Statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Montage to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.

___________________________________________________
1
For additional details regarding the key assumptions, parameters, and methods used to estimate the Mineral Resources, and for data verification related thereto, see the press release of the Company dated June 15, 2026 titled “Montage Gold grows Koné higher grade satellite resources to 1.7Moz at 1.5 g/t Au Indicated and 0.8Moz at 1.3 g/t Au Inferred”, and in respect of the Mineral Reserves, the 2024 Updated Feasibility Study, each as filed on SEDAR+.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cfdd32f5-e0ac-4547-9499-308dad43dbf6

MONTREAL, Sept. 27, 2026 (GLOBE NEWSWIRE) — WSP Global Inc., one of the world’s leading engineering, science and infrastructure solutions firms, announces that its Power & Energy event, originally planned to be held in New York City, will instead be conducted entirely virtually due to anticipated weather conditions.

The event is still scheduled for Monday, September 28, 2026, and may be accessed via live webcast at 9:00 a.m. ET.

Registration is open through https://www.wsp.com/en-gl/investors. A replay will be available after the event in the Investors section of wsp.com.

About WSP
WSP is one of the world’s leading engineering, science and infrastructure solutions firms, uniting its multidisciplinary expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 83,000 professionals, known as Visioneers. Together, they pioneer solutions and deliver innovative projects in the transportation, infrastructure, environment, building, energy, water, mining, and metals sectors. WSP is publicly listed on the Toronto Stock Exchange (TSX: WSP).

For more information, please contact:
Quentin Weber
Global Head, Investor Relations
+1 438-843-7519
Quentin.Weber@wsp.com

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