Author: Ravi Shankar

Reports Q3-2026 Production & Operational Highlights

Serabi Gold plc (“Serabi” or the “Company”) (AIM: SRB, TSX: SBI, OTCQX: SRBIF), the Brazilian focused gold mining and development company, is pleased to announce the Company’s production results and operating highlights for Q3-2026 (all financial amounts are expressed in U.S. dollars unless otherwise indicated).

Q3-2026 OPERATIONAL HIGHLIGHTS

• Quarterly gold production of 11,008 ounces, a 9% decrease from Q3-2025.
  • Driven by lower-than-expected grades from Palito Complex.
• Cash as at 30 September 2026 of $63.2 million vs $65.7 million as at 30 June 2026, reflecting operational cash generation offset by payment of the Company’s maiden dividend of $5.1 million in July 2026.
  • $3.4 million of additional cash received on 1 October 2026 from sale of bullion in September 2026.
  • Company remains debt-free.
• Installation of the fourth ball mill at Palito Complex completed on time and budget and in final commissioning, increasing annual processing throughput to 330ktpa in 2027.
• The full transition from selective open stoping to mechanised sublevel stoping at Coringa remains on track for Q4-2026.
• Coringa Mine currently operates under a 3-year GUIA licence which expires on January 29, 2027.
  • Discussions are ongoing with the Agência Nacional de Mineração (“ANM”), regarding continuation of the current GUIA.
• For the operating licence (“LO”) at Coringa, the Company requires a change of land use approval from the Instituto Nacional de Colonização e Reforma Agrária (“INCRA”) as well as the approval of the Estudo de Componente Indígena (“ECI”) from Fundação Nacional dos Povos Indígenas (“FUNAI”), the Brazilian governmental protection agency for Indigenous groups, which are both progressing.
  • In September, Secretaria de Estado de Meio Ambiente e Sustentabilidade do Pará (“SEMAS”), the Brazilian governmental agency responsible for environmental policy and licensing, agreed the company can by-pass the installation license (“LI”) and apply directly for the LO, the final step with SEMAS.
  • Change of land use is in the final stage, requiring approvals by INCRA at the state and federal levels.
• Due to permitting delays affecting planned production ramp up, FY2026 gold production is now expected to be at similar levels to FY2025, compared with previous guidance of over 53,000 ounces.

Mike Hodgson, CEO of Serabi, commented:

“Serabi recorded a solid third quarter of over 11,000 ounces of gold produced, taking the total production year to date to approximately 34,000 ounces. Whilst over 23,000 of these ounces came from the Coringa mine and the balance from Palito, it is the Coringa grades that set it apart.

Our immediate priority during FY2026 has been, to secure the outstanding approvals at Coringa, primarily the LO and in the near-term the continuation to operate under the GUIA trial mining license. These approvals would have enabled us to process additional Coringa material through the expanded Palito plant in the fourth quarter. As these approvals have still not been received, we are unable to deliver the previously anticipated increase in Q4-2026 production and FY2026 gold production is now expected to be at similar levels to FY2025, compared with previous guidance of over 53,000 ounces.

We continue to make steady progress towards the LO with the ECI and the change of land use agreements close to conclusion.   In parallel, we continue to have positive dialogue with the ANM to allow the continued operations of Coringa until the receipt of the LO.

Operationally, Coringa continued to perform very well with average milled grades of close to 8 g/t Au. Year-to-date milled grade of 7.74 g/t Au has been recorded. In contrast, Palito grades were disappointing with the year-to-date average of 4.90 g/t Au. Q4-2026 is expected to see Palito grades improve as we increase mine output from the G3 vein where higher volume and higher-grade blocks await.

Importantly, our longer-term growth strategy remains unchanged. We have increased plant capacity at Palito from 650tpd to over 900tpd, with the fourth ball mill now in final commissioning, providing the additional processing capacity to support increased production once the necessary Coringa approvals are secured.

The transition of mining method from manual selective mining to mechanized sublevel open stoping remains on track. Mining is now ongoing at four zones at Coringa: Serra, Serra South, Meio and Galena. The development of Serra South and Galena in 2026 has been substantial on capital expenditures, we therefore expect significantly lower capital expenditures in 2027.

Brownfield drilling continues across both Palito and Coringa as we seek to materially grow the Group’s resource base. With a strong financial position and lower capital expenditure expected in 2027 following the significant development undertaken at Coringa this year, we have the flexibility to continue investing in that growth strategy.”

BACKGROUND TO CORINGA PERMITTING

Coringa currently operates under a GUIA trial mining licence, which permits the transportation of up to 100,000 tonnes of ore annually from Coringa to the Palito Complex. As at 30 September 2026, 85,602 tonnes had been transported against the current annual allowance. Until an increase to this limit or the LO is granted, additional surface-stockpiled material at Coringa as well as additional ROM cannot be transported to Palito Complex.

The Company is progressing two parallel permitting routes. In the near term, it remains in discussions with the ANM regarding the continuation of operations under the GUIA. In parallel, the Company is advancing the approvals required for the LO, including completion of the ECI with FUNAI and change-of-land-use approval from INCRA.

The ECI has been approved by both Indigenous groups and remains subject to final approval by FUNAI. The change-of-land-use process has been technically and legally agreed and requires final approvals at state and federal levels. Following a site visit to Coringa in September 2026, SEMAS confirmed that, as the operation is already working under the GUIA as the LO will not require either a processing plant or a tailings facility at Coringa, the Company may bypass the LI stage. Once the outstanding FUNAI and INCRA approvals have been received, the Company will therefore be able to apply directly for the LO, the final stage of the SEMAS approval process. Approval of the LO would then enable the ANM to issue the Portaria de Lavra, or mining concession which completes the permitting process at Coringa.

The Company continues to have positive dialogue with ANM to continue operations under the GUIA trial mining license, and this has been backed up by our legal petition supporting the request to continue.

GROWTH AND OPERATIONAL DEVELOPMENT

The transition at Coringa from manual selective mining to mechanised sublevel open stoping remains on track. Mining is now under way across four zones — Serra, Serra South, Meio and Galena. Significant development expenditure has been incurred at Serra South and Galena during 2026, and the Company therefore expects capital expenditure to be materially lower in 2027.

The additional processing capacity provided by the fourth ball mill also creates the potential to recommence mining at São Chico, which has been on care and maintenance since 2023. Previous processing constraints, together with the fact that São Chico ore is not suitable for ore sorting, limited the economic rationale for continuing operations. In the current gold-price environment, the Company is assessing the potential for a restart, including resampling the existing surface stockpile and evaluating re-entry into the upper mine levels. Any decision to recommence operations would be subject to completion of this assessment and renewal of the São Chico GUIA licence.

OPERATIONAL RESULTS

SUMMARY PRODUCTION STATISTICS FOR 2026 AND 2025
		Q1	Q2	Q3	YTD	Q1	Q2	Q3	Q4	Fiscal
		2026	2026	2026	2026	2025	2025	2025	2025	2025
Group
Gold production (1)(2)	Ounces	12,042	11,007	11,008	34,057	10,013	10,532	12,090	11,534	44,169
Mined ore	Tonnes	54,965	59,094	60,316	174,375	44,924	52,032	51,625	55,899	204,480
	Gold grade (g/t)	7.06	6.19	6.04	6.41	7.09	6.72	7.24	6.65	6.91
Milled ore	Tonnes	54,587	57,122	57,115	168,824	48,155	51,246	53,991	55,607	208,999
	Gold grade (g/t)	7.05	6.21	6.28	6.51	6.70	6.67	7.18	6.63	6.80
Horizontal dev.	Metres	4,155	3,903	3,973	12,031	3,505	3,850	3,706	4,535	15,596
Palito Complex
Gold production (1)(2)	Ounces	4,592	3,469	2,907	10,968	4,666	5,607	5,246	4,638	20,158
Mined ore	Tonnes	25,201	25,845	26,465	77,511	25,267	29,294	26,352	27,129	108,042
	Gold grade (g/t)	5.88	4.55	4.01	4.80	6.15	6.22	6.29	5.48	6.04
Milled ore	Tonnes	24,977	24,547	23,580	73,104	24,328	29,885	27,081	27,226	108,521
	Gold grade (g/t)	5.90	4.62	4.12	4.90	6.25	6.15	6.25	5.47	6.03
Horizontal dev.	Metres	1,882	1,963	2,562	6,407	1,979	2,004	2,125	2,161	8,269
Coringa
Gold production (1)(2)	Ounces	7,450	7,538	8,101	23,089	5,347	4,925	6,843	6,895	24,010
Mined ore	Tonnes	29,764	33,250	34,040	97,054	19,657	22,738	25,273	28,770	96,438
	Gold grade (g/t)	8.06	7.46	7.63	7.70	8.31	7.35	8.23	7.74	7.89
Milled ore	Tonnes	29,610	32,575	33,535	95,720	23,827	21,361	26,909	28,381	100,478
	Gold grade (g/t)	8.01	7.41	7.81	7.74	7.17	7.39	8.13	7.75	7.64
Horizontal dev.	Metres	2,273	1,940	1,411	5,624	1,526	1,846	1,581	2,374	7,327

           (1)   The table may not sum due to rounding.

           (2)   Production numbers are subject to change pending final assay analysis from refineries.

Group

Group production for the third quarter was 11,008 ounces. Group ore mined during the quarter was 60,316 tonnes at 6.04 g/t Au compared to 59,094 tonnes at 6.19 g/t Au for the second quarter of 2026.

The Palito Complex process plant treated 57,115 tonnes at 6.28 g/t Au compared to 57,122 tonnes at 6.21 g/t Au for Q2-2026.

A total of 3,973 metres of horizontal development has been completed for the quarter of which 2,031 metres was ore development. The balance was the ramp, crosscuts and stope preparation development.

Palito Complex

Palito Complex mined ore tonnage for the third quarter of 26,465t is comparable to 26,352t from the same period a year ago. Palito mined ore grades of 4.01g/t Au for the third quarter was lower in comparison to 6.29g/t Au for the same period a year ago as grades were below budget.

Palito Complex production and development is varied, with production from the Barrichello, G3, Ipe, and Piquet zones. Development is ongoing on the Barrichello, Senna and G3 veins, ranging from levels 126m down to -210m level on G3.

Coringa Mine

Coringa mined ore tonnage for the third quarter of 34,040t is higher than 25,273t from the same period a year ago as the Meio zone is now fully ramped up. Coringa mined ore grades of 7.63g/t is slightly below the grade of 8.23 g/t Au for the same period a year ago.

Coringa Mine continues to perform well. On the Serra zone, production was focused on the levels of 260m, 190m, and 158m with development on levels 170m, 141m, and 104m. On the Meio zone, there was no horizontal development and stoping ongoing on levels 286m and 271m. The new Galena zone is in development with the main ramp currently at the 249m level and sill drive development on levels 269m and 249m.

Coringa Mine operates under the terms of the 3-year GUIA licence which permits the transportation of 100,000 tonnes of ore per year as previously reported. In the 9-months ended 30 September 2026, a total of 95,720 tonnes of ore had been transported to the Palito Complex. As at 30 September 2026, 85,602 tonnes had been transported against the current annual allowance..

FINANCE UPDATE

Cash balance at the end of September 2026 was $63.2 million, reflecting operational cash generation offset by the payment of the Company’s maiden dividend of $5.1 million in July 2026. $3.4 million of cash received on 1 October 2026 from sale of bullion in September 2026.   The Company remains debt free.

FY2026 PRODUCTION GUIDANCE

Due to permitting delays affecting planned production ramp up, FY2026 gold production is now expected to be at similar levels to FY2025, compared with previous guidance of over 53,000 ounces. Management will provide a further update to production guidance in the Q3 financials release expected in late November.

About Serabi Gold plc

Serabi Gold plc is a gold exploration, development and production company focused on the prolific Tapajós region in Para State, northern Brazil. The Company has consistently produced 30,000 to 40,000 ounces per year with the Palito Complex and increasing production in the coming years with the ramp up of the Coringa Mine. Serabi Gold plc recently made a copper-gold porphyry discovery on its extensive exploration licence. The Company is headquartered in the United Kingdom with a secondary office in Toronto, Ontario, Canada.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018.

The person who arranged for the release of this announcement on behalf of the Company was Andrew Khov, Vice President, Head of Investor Relations & Business Development.

Enquiries

SERABI GOLD plc
Michael Hodgson        t +44 (0)20 7246 6830
Chief Executive        m +44 (0)7799 473621

Nick Box        
Interim Chief Financial Officer        m +353 89 6078171

Andrew Khov         m +1 647 885 4874
Vice President, Head of Investor Relations &
Business Development
        e contact@serabigold.com

        www.serabigold.com

BEAUMONT CORNISH Limited
Nominated Adviser & Financial Adviser
Roland Cornish / Michael Cornish        t +44 (0)20 7628 3396

PEEL HUNT LLP
Joint UK Broker
Ross Allister / Georgia Langoulant        t +44 (0)20 7418 9000

TAMESIS PARTNERS LLP
Joint UK Broker
Charlie Bendon / Richard Greenfield t +44 (0)20 3882 2868

CAMARCO
Financial PR – Europe
Georgia Edmonds / Fergus Young        t +44 (0)20 3757 4980

Assay Results
Assay results reported within this release include those provided by the Company’s own on-site laboratory facilities at Palito and have not yet been independently verified. Serabi closely monitors the performance of its own facility against results from independent laboratory analysis for quality control purpose. As a matter of normal practice, the Company sends duplicate samples derived from a variety of the Company’s activities to accredited laboratory facilities for independent verification. Since mid-2019, over 10,000 exploration drill core samples have been assayed at both the Palito laboratory and certified external laboratory, in most cases the ALS laboratory in Belo Horizonte, Brazil. When comparing significant assays with grades exceeding 1 g/t gold, comparison between Palito versus external results record an average over-estimation by the Palito laboratory of 6.7% over this period. Based on the results of this work, the Company’s management are satisfied that the Company’s own facility shows sufficiently good correlation with independent laboratory facilities for exploration drill samples. The Company would expect that in the preparation of any future independent Reserve/Resource statement undertaken in compliance with a recognized standard, the independent authors of such a statement would not use Palito assay results without sufficient duplicates from an appropriately certificated laboratory.

Forward-looking statements
Certain statements in this announcement are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ‘‘believe’’, ‘‘could’’, “should” ‘‘envisage’’, ‘‘estimate’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘will’’ or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors’ current expectations and assumptions regarding the Company’s future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors’ current beliefs and assumptions and are based on information currently available to the Directors. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions, competition, environmental and other regulatory changes, actions by governmental authorities, the availability of capital markets, reliance on key personnel, uninsured and underinsured losses and other factors, many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such forward looking statements.

Qualified Persons Statement
The scientific and technical information contained within this announcement has been reviewed and approved by Michael Hodgson, a Director of the Company. Mr Hodgson is an Economic Geologist by training with over 30 years’ experience in the mining industry. He holds a BSc (Hons) Geology, University of London, a MSc Mining Geology, University of Leicester and is a Fellow of the Institute of Materials, Minerals and Mining and a Chartered Engineer of the Engineering Council of UK, recognizing him as both a Qualified Person for the purposes of Canadian National Instrument 43-101 and by the AIM Guidance Note on Mining and Oil & Gas Companies dated June 2009.

Notice
Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.

Neither the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this news release

See www.serabigold.com for more information and follow us on X @Serabi_Gold

Attachment

• 2026.10.21 – Q3 2026 Operational Release – vF

STEADY TRADING MOMENTUM AND GUIDANCE UPLIFT

• Full-year 2026 guidance raised: EBITDA¹ to reach a minimum of €1,165 million and net current cash flow per share to increase by 4% year-on-year to €2.83
  • 9-month EBITDA² up 5.4% year-on-year
  • Net current cash flow per share up 4% over the first 9 months
• Acquisition from its JV partner of the remaining 50% stake in a portfolio including Il Leone, a leading mall in the Lombardy region (Italy)

Paris – October 21, 2026

Solid trading momentum continued during the third quarter, as leading and fast-growing retailers fueled uninterrupted demand for high-quality retail space. These healthy fundamentals, combined with an irreplaceable portfolio of destination malls across continental Europe and a dynamic consumer environment, drove further market share gains, continued leasing activity and strong rental uplift. 
        
Sustained organic growth momentum over 9 months:

• Continued market share gains:
  • Footfall up 1.1%
  • Like-for-like retailer sales³ up 3.9%

• Retailer demand remained very strong across all categories, with major international and emerging brands continuing to prioritize the best locations in their expansion strategies:
  • Financial occupancy rate at 97.1%, up 10 basis points year-on-year
  • 5.5% rental uplift⁴ on renewals and relettings

• Net rental income up 4.6% year-on-year

• Industry-leading credit profile backed by A-range credit ratings ensuring highly competitive access to financing:
  • €1,060 million of new money raised at a blended yield of 3.81% and a 7-year average maturity comprising notably the issuance of an 8-year green bond for €500 million with a coupon of 3.875%
  • Historically low net-debt-to-EBITDA ratio at 6.6x, and ICR at 7.0x
  • Average cost of debt at 1.9%
  • 2027 refinancing maturities fully covered

• Unrivalled ESG leadership: Klépierre’s strategy and best-in-class performance were once again recognized in 2026 by the Global Real Estate Sustainability Benchmark (GRESB). Since 2024, the Group has been consistently ranked No. 1 among all listed real estate companies in Europe, across all asset classes
• Klépierre’s total revenue for the first nine months of 2026 amounted to €1,257.1 million

HIGHLIGHTS OF THE PERIOD

Strong operating momentum in a healthy consumer environment

Demand for high-quality and profitable retail space is stronger than ever, while new supply remains scarce. This uninterrupted favorable market backdrop continued to benefit Klépierre’s best-in-class portfolio. For the fourth consecutive year, Klépierre has maintained a strong positive operating performance with further growing in-store traffic and retailer sales, improving occupancy and rental uplift.

In the first nine months of 2026, the attractiveness of the Group’s venues was underpinned by retailer sales and footfall growth of +3.9%³ and +1.1% respectively, maintaining the robust first half period results and providing further market share gains. Every region and segment posted positive retailer sales growth, with Southern Europe again delivering a remarkable performance and Health & Beauty continuing to lead the pack.

The unabated demand for Klépierre’s malls generated greater leasing tension. Over the first nine months of 2026, the Group sustained a strong rental uplift⁴ on renewals and relettings at +5.5% and achieved a higher occupancy at 97.1%, up 10 basis points year-on-year.

Continued cash flow generation

Over the first nine months of 2026, net rental income was up 4.6% year-on-year, driven by 3.8% like-for-like growth⁵ (once again 300 basis points above indexation), and contributions from Casamassima (Italy) and Aqua Portimão (Portugal) acquisitions.

The Group continued to monetize its growing audience, with Mall Income expanding by 13.6% over the first nine months of the year. Mall Income growth sustained a healthy pace in the third quarter, as Klépierre’s dedicated local teams continued to roll out the expansion strategy. In Specialty Leasing, Klépierre boosted brand activations and promotional events across its malls. In Retail Media, the Group is pivoting from a legacy outsourced model to a hybrid approach combining fixed contractual fees with profit-sharing arrangements.

The strong operating performance generated a 5.4% growth in EBITDA² and a 4% growth in net current cash flow per share.

A unique platform geared for capital value creation

Throughout the past years, Klépierre has continued to actively deploy capital in high-quality assets across Southern Europe’s most dynamic catchment areas. In addition to the ongoing extension projects of Le Gru (Turin, Italy) and Romagna (Rimini, Italy), the Group seized opportunities to acquire premier malls in Italy.

On October 15, 2026, the Group signed a binding agreement to acquire from its JV partner the remaining 50% stake of a mall portfolio, including Il Leone, a leading Italian shopping center located in the Lombardy region, for a total consideration of €196 million. This latest debt-funded transaction will further strengthen Klépierre’s exposure to Southern Europe, its largest and fastest-growing region. The deal is expected to be highly accretive from day one and to close by December 31, 2026.

Il Leone is a high-performing top Italian mall by Lake Garda (Italy), a highly affluent area and a premier tourist destination. The retail complex comprises a 60,000 sq.m. GLA enjoying an elevated sales density and benefiting from the most upscale retailer mix with Zara, Lefties, additional Inditex brands, as well as Apple, Sephora, Decathlon, and Pellizzari. Klépierre plans to unlock a value-creating extension project designed to enhance the dining offer and introduce a new entertainment component.

        

Industry-leading credit profile supporting competitive access to funding

Supported by its best-in-class A-/A⁶ credit ratings from S&P and Fitch, the Group raised €1,060 million in long-term financing, with an average 7-year maturity at a blended yield of 3.81%. Klépierre notably issued a new €500-million green bond maturing in September 2034 and carrying a 3.875% coupon.

As of September 30, 2026, Klépierre’s net debt-to-EBITDA stood at 6.6x and its interest coverage ratio at 7.0x. The Group’s average debt maturity was 6.1 years at an average cost of debt of 1.9%.

Consolidated net debt was stable at €7,312 million at the end of September 2026, compared with €7,352 million on June 30, 2026. Liquidity stood at €2,949 million⁷, covering 4.5 years of maturities.

        

Unrivalled sustainability leadership

Klépierre’s sustainability leadership was once again recognized by GRESB, with the Group ranking No. 1 in the European listed real estate category, across all asset classes. This achievement underlines the strength of its Act4Good® strategy, validated by the Science-Based Target initiative (SBTi), designed to build the most sustainable platform for commerce by 2030.

The strategy rests on four pillars: achieving net-zero carbon emissions, serving local communities, developing talent, and promoting sustainable lifestyles. Across its portfolio, Klépierre’s teams strive to reduce energy and resource consumption, contributing to lower operating costs for the benefits of our tenants. More responsible and inclusive shopping centres drive visitor engagement, loyalty and enhance the long-term attractiveness and growth of the portfolio.

2026 GUIDANCE REVISED UPWARD

Against the backdrop of continued geopolitical and macroeconomic volatility, Klépierre remains highly confident in its ability to deliver a solid operating and financial performance over the remainder of the year.

Accordingly, the Group raises its 2026 full-year guidance and now expects to achieve a minimum of €1,165 million EBITDA¹ and to reach a net current cash flow per share of €2.83.

        

NET CURRENT CASH FLOW^(a)        

Total share, in €m	09/30/2025	09/30/2026
Net rental income	834.5	872.6
EBITDA(b)	772.0	813.8
Group share, in €m
NET CURRENT CASH FLOW	572.8	597.4
Per share, in €
NET CURRENT CASH FLOW	2.00	2.08
EBITDA including the attributable portion of equity investees’ EBITDA	829.8	869.0

   (a) The data disclosed have not been audited.
   (b) EBITDA stands for “earnings before interest, taxes, depreciation and amortization” and is a measure of the Group’s operating performance.

9-MONTH 2026 REVENUE^(a)

Total share, in €m	09/30/2025			09/30/2026
Gross rental income	948.9			972.8
Service charges billed to tenants(b)	210.7			227.3
Management and development fees	53.8			57.0
Revenue	1,213.4			1,257.1
(a) The data disclosed have not been audited. (b) Service charge income is included in total revenue (IFRS 15).

        

        

AGENDA
February 24, 2027	2026 full-year earnings (after market close)
INVESTOR RELATIONS CONTACTS		MEDIA CONTACTS
Laurent Budd, CFA, Group Head of IR and Financial Communication		Hélène Salmon, Group Head of Communications
+33 (0)6 86 59 74 36	laurent.budd@klepierre.com	+33 (0)6 43 41 97 18	helene.salmon@klepierre.com
Hugo Martins, IR Manager		Marie Gesquière, Taddeo
+33 (0)7 72 11 63 24	hugo.martins@klepierre.com	+33 (0)6 28 22 97 58	teamklepierre@taddeo.fr
Xiaomeng Xiao, IR Manager
+33 (0)6 71 58 88 97	xiaomeng.xiao@klepierre.com
ABOUT KLÉPIERRE
Klépierre is the European leader in shopping malls, with exclusive focus on continental Europe. The Company’s portfolio is valued at €21.8 billion on June 30, 2026, and comprises large shopping centers in more than 10 countries in Continental Europe which together host more than 720 million visitors per year. Klépierre is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20 and EPRA Euro Zone Indexes. It is also included in ethical indexes, such as CAC SBT 1.5, MSCI Europe ESG Leaders, FTSE4Good, Euronext Vigeo Europe 120, and features in CDP’s A list. These distinctions underscore the Group’s commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.
For more information, please visit the newsroom on our website: www.klepierre.com  This press release is available in the “Publications section” of Klépierre’s Finance page: www.klepierre.com/en/finance/publications

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¹ EBITDA on a total share basis, including the attributable portion of equity investees’ EBITDA. EBITDA stands for “earnings before interest, taxes, depreciation and amortization” and is a measure of the Group’s operating performance.
² On a total share basis.
³ Excluding the impact of assets recently acquired, sold or undergoing extensions, refurbishment and repositioning (Forum Duisburg, Globo, Le Millénaire, Prado, Roques-sur-Garonne, Villa Arena).
⁴ Excluding the impact of recently sold assets.
⁵ Like-for-like data exclude the contribution from acquisitions, spaces being restructured, and disposals completed since January 2025.
⁶ S&P assigns the Group a long-term A- rating with a stable outlook and Fitch attributes an A rating with a stable outlook to Klépierre’s senior unsecured debt.
⁷ Mainly comprising €1,744 million in unused committed credit facilities (net of commercial paper), €325 million in other credit facilities and €880 million in cash and equivalents.

Attachment

• PR_9M2026_EARNINGS

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• Dual Powertrains and i-AWD: The V25 offers both REEV and BEV options for fuel-and-electric flexibility. Its REEV variant features a golden REEV system, achieving a maximum thermal efficiency of 44.5% and a fuel-to-electricity conversion rate of 3.71 kWh/L. The i-AWD (intelligent all-wheel-drive) system combines dual motors for a combined output of 335 kW and 505 N·m, giving the V25 the capability to handle both urban roads and rough terrain.
• Five-Star Safety and L2 Driver Assistance: Developed to meet mainstream five-star safety standards worldwide, the V25 features a cage-type body structure built from five horizontal and six vertical beams and 80% high-strength and advanced high-strength steel, delivering a torsional stiffness of 30,000 N·m/deg. It also offers L2 driver assistance for added safety.
• Native Customization, Where Users Set the Limits: The V25 comes with 20+ native modification interfaces, a 1.8T towing capacity, and 6 kW V2L output—bringing “Classic Never Fades” to life with the freedom to keep rebuilding.

WUHU, China, Oct. 21, 2026 (GLOBE NEWSWIRE) — On the stage of the 2026 iCAUR International User Summit, the iCAUR V25 made its global debut, rounding out the V-Series lineup. As iCAUR’s latest model for global markets, the V25 combines classic design, all-way capability, and open-ended customization, moving the “Future Classic” from a design concept into a concrete product that can be owned, driven, and continually customized. More than 500 user representatives from around the world joined global media, KOLs, and partners to witness the occasion. The three officially customized models — built on the V23, V25, and V27 respectively — then took the stage, extending the night’s focus from a single new car to infinite ways to use a car.

[iCAUR V25 Global Debut]

V25 Global Premiere Completes the V-Series “Personalized All-Way” Lineup

In the auto industry, “family design” usually means copying the same front fascia across three models. iCAUR’s V-Series has taken a different path. The iCAUR V23 is the brand’s starting point — the first to write Future Classic aesthetics into its product DNA and establish it as a “pure-electric, playful boxy SUV.” The iCAUR V27 takes the design language to a higher level, backing its “all-round hybrid SUV” positioning with a 0–100 km/h acceleration time of 5.9 seconds, an NEDC range of 1,000 km, and a wading depth of 600 mm. The iCAUR V25 sits between the two, positioned as the “Personalized All-Way SUV”and covering a broader range of lifestyles.

Compared with the V23, the V25 BEV upgrades seating features, comfort, convenience, and safety across the board; compared with the V27, the V25 REEV differentiates itself through styling, safety features, and a more premium feel. It is not merely another model in the lineup, but a key step for the V-Series as it shifts from expanding product count to segmenting by user scenario.

This positioning reflects real demand. In an iCAUR product survey conducted in April 2026, 70% of respondents cited exterior design as a core purchase factor. Outdoor camping was a key use case for 55%, daily commuting for 53.7%, and medium- to long-distance travel for 50%. Aesthetic expression, freedom across scenarios, and self-definition make up what users expect from a car — and directly inform the development direction of the iCAUR V25. It is a car for users who think for themselves rather than follow trends, who have the taste to recognize what lasts, and who love to explore — staying open to new technology, new scenarios, and distant places. They don’t want a bigger car. They want one that feels more like them.

Boxy Design Reimagined and A Future Classic at First Sight

Yet the EV market faces a problem. Range gets longer, screens get bigger, but fewer and fewer cars in a parking lot are easy to pick out. When specs are easy to match, design is what’s actually scarce. Building a car that follows trends isn’t hard. What’s hard is building one people still love twenty years later. The V25’s answer is to bring the “Future Classic” out of design theory and into everyday life, reinterpreting it for everyday life.

It keeps iCAUR’s signature boxy silhouette, with a height-to-width ratio of 0.96, close to 1:1. The flat front end, clamshell hood, and upright windshield deliver more than a rugged look, and the flat roof turns every inch of length into forward visibility, rear headroom, and a neatly squared-off trunk opening. In the end, the design thinking translates into a 66.4% longitudinal space efficiency. The classic round LED headlights combine LED units with a thick-wall structure. From a distance, they read as classic; up close, as technology. The class-leading tire aspect ratio, flared fenders, and 21-inch wheels are often read as pure visual muscle. In fact, they are the outward expression of off-road capability that exceeds its class. In the details, semi-hidden mechanical door handles, blind-window design, a side-opening tailgate, a full-size spare tire, and a brick-style spare tire cover carry the family’s signature cues into every corner, while leaving owners room to make the car their own.

[iCAUR V25: Classic Boxy Look]

Two Technology Pillars: Fuel or Electric, Urban or Off-Road

For most EV users, choosing between a BEV and an REEV comes down to how they plan to use electricity and fuel in daily life. The iCAUR V25 offers both REEV and BEV powertrains.

The V25’s Golden REEV powertrain runs on either fuel or electricity, so long trips don’t have to compromise on range. This powertrain is not just about bigger range numbers. With a maximum thermal efficiency of 44.5% and a fuel-to-electricity conversion rate of 3.71 kWh/L, every liter of fuel is put to better use, delivering high output at low consumption. Five intelligent power-preservation strategies (Forced EV, EV Priority, Hybrid, Fuel First, and Forced Charge) hand the decision of how to use energy back to the user. You can commute on pure electric in the city, and power stays on tap on highways and climbs.

The same trade-off applies to driving dynamics. Traditional mechanical AWD carries extra weight and energy consumption all year round for the occasional unpaved road. The i-AWD, built on the i-SWIFT Agile Handling Platform is different: its value lies in switching between TWD and AWD based on road conditions, and distributing torque between wheels in milliseconds. With its dual-motor setup producing a combined output of 335 kW and 505 N·m, the V25 delivers stronger acceleration, plus power reserves for full loads, climbs, and towing. That lets it move easily between city streets and mountain trails, turning “Go Anywhere” into something real.

Five-Star Safety, Built to Be Trusted on Every Trip

On a spec sheet, safety often becomes a string of acronyms. The real difference lies beyond the spec sheet. The V25 is developed to meet mainstream five-star safety standards worldwide: a cage-type body structure built from five horizontal and six vertical beams and 80% high-strength and advanced high-strength steel, delivering a torsional stiffness of 30,000 N·m/deg. For a car that will carry a roof rack, tow 1.8 tonnes of gear, handle unpaved roads, and still feel tight with no rattles years down the road, stiffness isn’t a track metric. It’s a precondition for taking a beating. For occupant protection, the V25 adds a front center airbag to its six standard airbags, complemented by dual-stage load-limiting seat belts.

On active safety, the V25 offers L2 driver assistance, covering adaptive cruise control (ACC), lane departure warning (LDW), forward collision warning (FCW), automatic emergency braking (AEB), blind spot detection (BSD), and driver monitoring system (DMS), plus 540° high-definition surround-view camera system and automatic parking assist (APA). Whether it’s stop-and-go rush-hour traffic, driver fatigue on long highway drives, or blind spots in underground parking, the V25 has an answer for these common everyday scenarios, so every trip starts with confidence.

A Versatile, Comfortable Space That Fits a Whole Life Into One Car

In iCAUR’s product logic, a car shouldn’t decide how you live. What really sets the V25 apart from a traditional SUV is how it handles personalization. Customization used to belong to the aftermarket: drilling holes, cutting wires, trading safety for individuality. iCAUR builds more than 20 native modification interfaces into the vehicle, along with class-exclusive 1.8T towing capacity and class-leading 6 kW V2L output — so jet skis, RVs, camping power, cycling and photography gear all find a natural fit. The factory keeps the parts that should never be touched — the battery, motor, and electronic control systems, along with the chassis and safety architecture. Everything else is open to users, so they can freely create their own V25. The three officially customized models debuted that night — the V23 Forge, V25 Game Changer, and V27 Sun Roam — make that diversity concrete: three models from one family, each with a completely different design expression. The V25 Game Changer draws on gaming culture, expressing personality through controller-inspired details and joystick-inspired color accents. The V23 Forge reinforces its character with a widebody stance and gloss-black details, while the V27 Sun Roam blends exploration with refinement. All three are set to roll out to global markets from early 2027.

[iCAUR V25 Game Changer : Officially Customized Model]

The V25’s interior is generous too: 41 storage compartments, the most in its class, a 1,549 L trunk, and on the BEV version, a front trunk plus 22 L of underfloor storage. The front seats fold flat to create a lie-flat space with the rear seats, and with the openable panoramic sunroof and power sunshade, the V25 turns any stop into a campsite. The seats are upholstered in perforated microfiber and PVC. Front-seat ventilation, heating, and power adjustment, driver memory and welcome functions, and 15 class-leading speakers make long drives more comfortable.

From the spotlight on stage to everyday roads in different countries, the story of the iCAUR V25 has only just begun. For iCAUR, a classic is never a fixed look. It keeps gaining new meaning through each user’s choices. It can be an SUV with distinctive design and all-way capability, and it can also become a life partner for family trips, outdoor exploration, and personal interests. Classic Never Fades. As this boxy SUV heads into more markets, its answer will be written by users, one stroke at a time.

About iCAUR

Chery Group’s iCAUR is a new energy automotive brand driven by Future Classic Design and technology. Guided by its design philosophy, iCAUR combines classic design elements with modern aesthetics and technology to develop distinctive vehicles for urban mobility and outdoor exploration. With a focus on product innovation and customization, iCAUR offers diverse vehicle choices and personalization options, extending its brand experience through user services and a growing range of user engagements initiatives.

iCAUR’s product portfolio is supported by technologies including i-AWD intelligent electric all-wheel drive and the REEV Golden Range Extender, delivering performance and capability for a range of driving conditions. With a growing presence in more than 40 markets worldwide, iCAUR continues to expand its international business and user engagements, guided by its brand belief: Classic Never Fades.

Serena Wang

Email: wangjieyun2@mychery.com

Website: iCAUR GLOBAL WEB

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/21a83d26-d468-433b-b8ef-ad6910100ddb
https://www.globenewswire.com/NewsRoom/AttachmentNg/3c8a79c2-2f7f-4b78-b108-1ffb451a5eaa
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• Global Debut of the V25 and Assembly of the V Series Family: Unveiled at the 2026 iCAUR International User Summit, the V25 makes its official world premiere, joining the V23 and V27 to complete the V Series family lineup. Centered on the dimensions of “Restraint, Capability, Freedom,” the V25 embodies the “Future-Classic Design” philosophy, bringing “Classic Never Fades” into the future.
• Onstage Debut of Official Customized Vehicles and New Milestones in Globalisation: Three official customized variants — the V23 Forge, V27 Sun Roam and V25 Game Changer — made their joint on-stage appearance, with their market rollout scheduled no later than early 2027. The event also updated the brand’s globalization progress: iCAUR has expanded its footprint to over 40 markets in 2026, with cumulative global sales of the V23 exceeding 100,000 units.
• Elevated Customization Experience and Global Community Rollout: iCAUR is formalizing its personalized co-creation framework. Moving forward, every showroom will house a dedicated customization zone, with customization options available concurrently at new model launches. The brand has set up official user clubs across 9 countries and will extend its reach to more nations via the “Club Connect” initiative in 2027. The event also hosted the inauguration of its first cohort of global brand ambassadors.
• User Stories Bring “Classic Never Fades” to Life: Real stories shared by four global users translate “Classic Never Fades” from a design philosophy into tangible lifestyles. They underscore the brand’s commitment to co-defining the expressions of classic lifestyles alongside users and fostering enduring connections.

WUHU, China, Oct. 21, 2026 (GLOBE NEWSWIRE) — The iCAUR Global Brand Launch took place during the 2026 iCAUR International User Summit, marking the world premiere of the V25, which joins the V23 and V27 to complete the V Series family lineup. Held under the theme “Classic Never Fades | Make It Yours,” the event revolved around three pillars — future-classic design, official vehicle customization and user community — demonstrating how iCAUR builds product identity through classic design and cutting-edge technology, and empowers users with avenues for personal expression, forging lasting bonds spanning products and communities.

【Panoramic View of the iCAUR Global Brand Launch】

Future-Classic Design: Defining the V25 Through Restraint, Capability and Freedom

The event opened with the brand’s product philosophy. Dr. Su Jun, Vice President of Chery Automobile Co., Ltd., posed the opening question: “What is a car really for?” to frame discussions around the bond between vehicles and people. He noted that amid ever-larger screens, extended driving ranges and proliferating technical jargon, the automotive industry faces another form of homogenization: more vehicles look alike, leaving little lasting impression. iCAUR’s answer lies in “Future-Classic Design”: distilling simple forms, distinct character and recognizability from timeless design language, then infusing them with futuristic attributes via technology, new-energy powertrains and novel usage scenarios.

【Dr. Su Jun, Vice President of Chery Automobile Co., Ltd., interpreting Future-Classic Design】

Su Jun unpacked the V25 using three keywords: “Restraint, Capability, Freedom.” Restraint manifests in its boxy silhouette, near 1:1 body proportions, iconic round lamps and minimalist lines with no redundant flourishes. Capability is delivered by extended-range and battery-electric powertrain options, while the i-AWD system on all-wheel-drive variants supports diverse road conditions, delivering the “Go Anywhere” and “Go Further” confidence for urban, highway and mountain driving — the very foundation of the V25’s “All-Way SUV” positioning. Freedom is enabled by more than 20 ecosystem interfaces; camping gear, outdoor equipment and even a roof-mounted coffee maker can serve as extensions of users’ lifestyles. While boasting unique personalities of their own, the V25, V23 and V27 collectively uphold the family concept of classic design, all-terrain capability and self-expression.

【V25 on site】

Official Customization Takes the Stage: Classic Design Forms the Foundation; User Expression Completes Personalization   

If Dr. Su Jun laid out iCAUR’s product fundamentals, Ronna Luo, CEO of iCAUR International, shifted focus to how users participate in shaping their vehicles. She explained that “Classic Never Fades” and “Make It Yours” operate on two levels: classic design creates an enduring foundation, and personalized customization imbues each vehicle with the owner’s unique identity. Classic therefore exists not merely in styling, but permeates users’ daily self-expression. She shared that roughly 50% of global iCAUR users customize their vehicles, and user creativity also fuels product iteration. In 2026, the V23 won the Red Dot Design Award and the V27 claimed the TADA Best Interior Design Award, testifying to its internationally recognized design prowess. Meanwhile, iCAUR intentionally preserves design headroom, inviting users to co-complete the vehicle.

【V25 on stage alongside three official customized models】

The three official customized vehicles showcased on-site serve as the most intuitive embodiment of this philosophy. The V23 Forge amplifies urban character with a wide-body kit and gloss-black accents, striking a bolder stance while retaining the V23’s playful spirit. The V27 Sun Roam draws inspiration from 1980s off-road vehicles and vintage cameras, pairing rugged proportions with refined details, crafted for those who cherish the journey itself. The V25 Game Changer injects adventure and gaming-inspired personality into its classic rugged silhouette, through widened wheel arches, rocker panel color schemes and controller-themed elements. Market rollout for the three models is scheduled no later than early 2027; deliveries will adopt KD assembly or dealer-fit kits, subject to local regulations and market conditions. Beyond the main stage, over 20 user- and partner-co-created customized vehicles surrounded the venue, extending “Classic Never Fades” from the stage into real-world usage scenarios.

From Market Expansion to Club Connect: Turning Co-creation into Long-term Relationships

Beyond official customized builds, iCAUR is institutionalizing and sustaining co-creation. Ronna Luo shared that iCAUR has expanded to over 40 markets in 2026, emerging as a preferred new-energy SUV option across multiple regions, with more than 100,000 users driving the V23 worldwide. Moving forward, every iCAUR showroom will feature a dedicated personal customization zone. At new model launches, iCAUR will also unveil bespoke classic editions in tandem, responding to user inspiration with tailored offerings.

【Ronna, CEO of iCAUR International, presents Club Connect】

iCAUR has established official user clubs in 9 countries to date. In 2027, the brand will connect users across additional markets via its global “Club Connect” programme, facilitating idea exchanges and leveraging user feedback to refine products and experiences. The event also welcomed iCAUR’s first cohort of 10 global brand ambassadors, including Mary-Ann (South Africa), Keem Yap (Malaysia), Humam Reno (Indonesia), Thomas Nawilis (Indonesia), Parawee (Thailand), and Humaid Yousuf Saif (UAE). Through Club Connect, iCAUR will continue to select users who contribute to the brand and community, transforming one-off co-creation activities into a permanent mechanism.

User Stories: Bringing “Classic Never Fades” Down to Tangible Daily Life

Beyond institutional frameworks, four user stories bring “Classic Never Fades” and personal expression to real life. South African owner Rod MacDonald fitted his V23 with roof LED lights, a black vented hood, round-lamp front bumper and all-terrain tires to fulfil weekend off-roading needs. He said the vehicle let him stay “true to himself” and had brought him new friends and renewed vitality. Malaysian user Yan Yan Lee utilised the flexible interior space to store photography gear and deployed a foldable front-row table to work between shoots, turning the V23 into a mobile photo studio. Khalid Al Shamesi from the UAE chose iCAUR out of resonance with “Classic Never Fades”, and recommended the vehicle to his father, wife and cousin, seeing the car as a carrier of timeless spirit and emotional bond. Kit Leung from Hong Kong, China, shared his dual identities: a rapper on stage and a father in daily life. He believes iCAUR’s classic design delivers rugged exterior and warm interior, never growing outdated, and perfectly matches his full self. The first cohort of global brand ambassadors also attended the ceremony, where Su Jun and Ronna Luo presented awards and took group photos with the users.

【User sharing session at the iCAUR Global Brand Launch】

From the V25’s world premiere and the V Series family assembly, to official customization offerings and Club Connect, iCAUR anchors “Classic Never Fades” across three dimensions: products, customization and community. As the V25 and official customization kits launch in more markets and Club Connect expands throughout 2027, the bond between iCAUR and its users will evolve beyond a single launch event into ongoing co-creation. Classic design sets the long-term framework, while user expression defines each vehicle’s unique character. Classic Never Fades — they stem both from design’s restraint against the passage of time and from users continuously writing their own stories with their vehicles.

About iCAUR

Chery Group’s iCAUR is a new energy automotive brand driven by Future Classic Design and technology. Guided by its design philosophy, iCAUR combines classic design elements with modern aesthetics and technology to develop distinctive vehicles for urban mobility and outdoor exploration. With a focus on product innovation and customization, iCAUR offers diverse vehicle choices and personalization options, extending its brand experience through user services and a growing range of user engagements initiatives.

iCAUR’s product portfolio is supported by technologies including i-AWD intelligent electric all-wheel drive and the REEV Golden Range Extender, delivering performance and capability for a range of driving conditions. With a growing presence in more than 40 markets worldwide, iCAUR continues to expand its international business and user engagements, guided by its brand belief: Classic Never Fades.

Serena Wang

Email: wangjieyun2@mychery.com

Website: iCAUR GLOBAL WEB

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/9c00f089-a7f4-4a52-98a8-70cc8fbfb262

https://www.globenewswire.com/NewsRoom/AttachmentNg/b828bb56-25e1-4991-9b27-e34e32262f14

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DUBAI, United Arab Emirates and WUHU, China, Oct. 21, 2026 (GLOBE NEWSWIRE) — In November, LEPAS, Chery Auto’s Premium NEV brand, will officially enter the Middle East market, with its full NEV product portfolio making its first collective appearance in the Gulf. The LEPAS L8 PHEV will launch progressively in the United Arab Emirates, Kuwait, Qatar and other markets. Alongside its vehicles, LEPAS will present designs and collaborative initiatives developed for the region, bringing its vision of elegant mobility to local customers.

Expanding the Global Footprint with Middle East Entry

For LEPAS, 2026 marks the “Year of Elegant Delivery.” Since its European debut during Milan Design Week in April, LEPAS has continued to expand its global presence. Preorders for the LEPAS L8 have begun in several European countries, while deliveries of the LEPAS L6 and L4 continue in Southeast Asia and other regions. Entering the Middle East will mark another step in this expansion, introducing new cultural perspectives on elegant living.

The Gulf’s NEV market is entering a period of sustained growth, with younger customers increasingly valuing design, individuality and quality. In a market rich in choice, brand must connect with local lifestyles. The region’s diverse lifestyles and vibrant fashion and design communities offer LEPAS a starting point for entering the Middle East and connecting with customers through design and collaboration.

LEPAS’s entry also builds on Chery Auto’s established presence in the Middle East. Several brands under Chery Auto continue to strengthen their regional presence through new model launches this year. Drawing on Chery Group’s local market experience and partner network, LEPAS will offer Gulf customers more brand and vehicle choices. Guided by its positioning as the “Preferred Brand for Elegant Mobility Life” and its three core pillars of Leopard Aesthetics, Elegant Technology and Exquisite Space, LEPAS will work with local customers to explore mobility experiences that combine design, technology and comfort.

Shaping New Expressions of Elegance in the Gulf

As LEPAS expands globally, design and lifestyle collaborations remain central to its engagement with customers. From Milan Design Week and London Design Festival to the Venice Film Festival, LEPAS has connected with partners worldwide through art, design and lifestyle. At its inaugural LEPAS Global Elegant Lifestyle Week in October, themed “TOGETHER IN ELEGANCE,” stories from Global Elegant Lifestyle Partners worldwide helped LEPAS deepen its understanding of elegance across cultures. In the Middle East, LEPAS will continue this collaboration with emerging local designers and customers, incorporating Gulf culture into design and mobility experiences to explore new expressions of elegance.

LEPAS also plans to collaborate with local lifestyle brands across industries, exploring how its design language can fit into everyday life in the Gulf. Through design, sports and music, customers can join creative exchanges blending local influences with global perspectives and express elegance in their own way. These collaborations will offer fresh interpretations of Gulf lifestyles and enrich LEPAS’s “Drive Your Elegance” philosophy.

For LEPAS, entering the Middle East is about more than market expansion. It is also an opportunity to engage with the Gulf’s distinctive lifestyles, aesthetic preferences and creative communities. Together with local customers and partners, LEPAS will explore NEV mobility options combining elegant design with comfort and quality, opening a new chapter for elegant mobility.

About LEPAS

LEPAS is Chery Auto’s Premium NEV brand, dedicated to creating elegant mobility experiences for users worldwide. Committed to becoming the Preferred Brand for Elegant Mobility Life, LEPAS brings together Leopard Aesthetics, Elegant Technology, and Exquisite Space – transforming elegance into a driving experience you can see, feel, and trust. Supported by a growing global dealer network of more than 500 sales and service outlets, LEPAS is expanding its international footprint through localized operations, delivering products and experiences tailored to users across global markets.

About Chery Auto

Founded in 1997, Chery Auto is a global automotive manufacturer specializing in vehicle development, intelligent technologies, and new energy solutions. The company operates in more than 130 countries and regions, supported by a strong international network of research, production, and strategic partnerships. Chery Auto has remained China’s No. 1 passenger vehicle exporter among Chinese brands for 23 consecutive years. Guided by its global philosophy of “In somewhere, For somewhere, Be somewhere,” Chery Auto is committed to advancing sustainable mobility through continuous innovation and global collaboration.

Media Contact
Company Name: LEPAS International
Contact Person: Vincy wang
E-mail: GlobalPR@lepasinternational.com
Company Official Website:https://lepasinternational.com/

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/e73158c1-998e-4d51-8769-5d2cf87804a6

https://www.globenewswire.com/NewsRoom/AttachmentNg/a3767ca3-fdfb-4019-976a-86f9b3e5b176

DUBAI, United Arab Emirates and WUHU, China, Oct. 21, 2026 (GLOBE NEWSWIRE) — In November, LEPAS, Chery Auto’s Premium NEV brand, will enter the Middle East, with its full NEV lineup making its first collective appearance in the Gulf. The LEPAS L8 PHEV will launch in stages in the United Arab Emirates, Kuwait, Qatar and other markets. LEPAS will also introduce designs and collaborative initiatives tailored to local customers.

Expanding the Global Footprint with Middle East Entry

For LEPAS, 2026 marks the “Year of Elegant Delivery.” Since its European debut during Milan Design Week in April, LEPAS has expanded globally. Preorders for the LEPAS L8 have begun in several European countries, while L6 and L4 deliveries continue in Southeast Asia and other regions. Middle East entry will bring new cultural perspectives on elegant living.

The Gulf’s growing NEV market has younger customers increasingly seeking design, individuality and quality. With abundant choices, brands need to connect with local lifestyles. The region’s diverse lifestyles and vibrant creative communities provide LEPAS a starting point for market entry through design and collaboration.

LEPAS’s entry builds on Chery Auto’s established Middle East presence. Several brands under Chery Auto continue regional model launches. Drawing on Chery Group’s local experience and partners, LEPAS will offer Gulf customers greater choice. As the “Preferred Brand for Elegant Mobility Life,” LEPAS will explore design, technology and comfort with local customers through its three pillars: Leopard Aesthetics, Elegant Technology and Exquisite Space.

Shaping New Expressions of Elegance in the Gulf

Design and lifestyle collaborations connect LEPAS with customers worldwide. From Milan Design Week and London Design Festival to the Venice Film Festival, LEPAS has engaged partners through art and design. At its inaugural LEPAS Global Elegant Lifestyle Week in October, themed “TOGETHER IN ELEGANCE,” stories from Global Elegant Lifestyle Partners deepened its understanding of elegance across cultures. LEPAS will extend this collaboration to emerging Gulf designers and customers, incorporating local culture into design and mobility experiences.

LEPAS also plans to collaborate with local lifestyle brands across industries, integrating its design language into Gulf life. Through design, sports and music, customers can combine local and global influences to express elegance in their own way. These exchanges will enrich Gulf lifestyles and LEPAS’s “Drive Your Elegance” philosophy.

Beyond market expansion, LEPAS seeks to engage with Gulf lifestyles, aesthetics and creative communities. With local customers and partners, it will explore NEV mobility combining aesthetic appeal, comfort and quality, opening a new chapter in elegant mobility.

About LEPAS

LEPAS is Chery Auto’s Premium NEV brand, dedicated to creating elegant mobility experiences for users worldwide. Committed to becoming the Preferred Brand for Elegant Mobility Life, LEPAS brings together Leopard Aesthetics, Elegant Technology, and Exquisite Space – transforming elegance into a driving experience you can see, feel, and trust. Supported by a growing global dealer network of more than 500 sales and service outlets, LEPAS is expanding its international footprint through localized operations, delivering products and experiences tailored to users across global markets.

Media Contact
Company Name: LEPAS International
Contact Person: Vincy wang
E-mail: GlobalPR@lepasinternational.com
Company Official Website: https://lepasinternational.com/

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/e73158c1-998e-4d51-8769-5d2cf87804a6

https://www.globenewswire.com/NewsRoom/AttachmentNg/a3767ca3-fdfb-4019-976a-86f9b3e5b176

Today, October 20, 2026: Hotel101 Global signs definitive binding agreements for a country-wide joint venture in Egypt, starting with an approx. 750-room Hotel101-Cairo West, Egypt.

Hotel101-Cairo West is set to have approx. 750 rooms on a 15,984 sqm site in Hay Al Ashgar along Ahmed Zewail Road, only around ten minutes from the Giza Pyramids and the Grand Egyptian Museum (GEM).

Hotel101-Cairo West is expected to generate 5.465 billion Egyptian pounds (US$102.09 million) in project value.

Hotel101-Cairo West is expected to be one of the top 3 largest hotels by room count in Cairo, Egypt.

Egypt is reported to have welcomed nearly 19 million tourists in 2025, while its total population is estimated at about 118.4 million.

Hotel101 Global and IGI Holding joint venture signing ceremony

Hotel101 Founder Mr Edgar “Injap” Sia II and Mr Khaled Sheta of IGI Holding leads the Signing Ceremony with the world-famous Egypt Pyramids at the background.

Hotel101 Global and IGI Holding joint venture signing ceremony

Hotel101 Global Founder Mr. Edgar “Injap” Sia II, CEO Ms. Hannah Yulo-Luccini, Chief Development Officer Ms. Catherine Chan, and Development Director Mr. Vivek Radhakrishnan, together with IGI Holding Vice Chairman Mr. Khaled Sheta, IGI Holding MD Mr. Nagy Mokhtar, IGI Holding Business Development Mr. Mostafa Sheta, and IGI Developments CEO Mr. Sherif Moustafa.

Preliminary perspective of Hotel101-Cairo West Egypt, which is set to have approx. 750 rooms

(Preliminary perspective of Hotel101-Cairo West Egypt, which is set to have approx. 750 rooms)

SINGAPORE, Oct. 20, 2026 (GLOBE NEWSWIRE) — Hotel101 Global Holdings Corp. (NASDAQ Ticker: HBNB) (“Hotel101” or “Hotel101 Global”), a leading asset-light, prop-tech hospitality platform pioneering a globally standardized “condotel” business model, listed on the Nasdaq Stock Exchange and a subsidiary of Philippine-listed DoubleDragon Corporation (PSE Ticker: DD), announces the signing of definitive binding agreements for a country-wide joint venture for the expansion of Hotel101 in Egypt, starting with the development of an approximately 750-room Hotel101 in Cairo, Egypt.

This expansion marks a significant milestone in the company’s global growth strategy, bringing its novel, globally standardized condotel business model to one of the Middle East and Africa’s most dynamic capital cities and a major cultural tourism gateway.

The hotel, to be named Hotel101-Cairo West, is planned to occupy a prime site in Hay Al Ashgar along Ahmed Zewail Road in 6th of October City, Giza. This strategic position is expected to offer guests connectivity via major arterial roads, including El Wahat Road and the Cairo Ring Road, with access to Sphinx International Airport and the wider Greater Cairo road network. The area has rapidly emerged as one of West Cairo’s key growth districts, known for its modern infrastructure, improving transport links, and strong mix of residential, commercial, and tourism developments, while sitting within the broader catchment of the Giza Pyramids and the Grand Egyptian Museum.

Key Location Advantages:

• Prime Ahmed Zewail Road Position: Located along Ahmed Zewail Road with direct access to El Wahat Road and links to the Cairo Ring Road. Upon completion, guests are expected to benefit from road connectivity and proximity to Sphinx International Airport, providing access for both domestic and international travelers.

• Proximity to Major Attractions: Situated within the West Cairo corridor serving the Giza Pyramids and Grand Egyptian Museum. The site is expected to offer a balance of modern urban development and cultural tourism demand, with easy access to key attractions, residential communities, and commercial amenities across Greater Cairo.

When completed, Hotel101-Cairo West is expected to generate a total project value of approximately 5.465 billion Egyptian Pounds (US$102.09 million) and is expected to be completed by 2029, forming part of Hotel101 Global’s global expansion strategy.

Hotel101-Cairo West is expected to offer 4-star amenities at affordable prices, including a ballroom, ample meeting spaces, and a conference center tailored for business events. Consistent with Hotel101’s offerings across its locations globally, guests are expected to enjoy modern rooms, 24/7 reception, all-day dining, swimming pools, a full-size gym, a business center, children’s playground, ample parking, luggage storage, and other amenities.

The development is subject to customary governmental, regulatory, corporate and other approvals.

About Hotel101 Global

Listed on Nasdaq (Ticker: HBNB) with a market capitalization of approximately US$1.1 billion as of October 16, 2026, Hotel101 is an asset-light, prop-tech hospitality platform pioneering a globally standardized “condotel” business model. Hotel101 aims to disrupt the global hotel and hospitality sector through its unique tech-enabled business model that positions it to generate revenues twice: first from the advance sale of individual hotel units during the construction phase; and second, from long-term recurring revenue derived from day-to-day hotel operations. The expansion of Hotel101 toward its long-term goal to operate in 100 countries globally is expected to be driven mainly by joint ventures and, in the future, license agreements with local developers in various countries worldwide.

The Hotel101 Global Group is advancing its global expansion plans toward its medium-term goal to be in 25 countries and its long-term goal of operating one million Hotel101 rooms in 100 countries globally.

Forward-Looking Statements

This document includes certain “forward-looking statements” within the meaning of securities laws of certain jurisdictions, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this document, including statements regarding the future financial position, business strategy, plans and objectives of management for future operations of Hotel101 Global Holdings Corp. (“HBNB”) and its subsidiaries (the “HBNB Group”), are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “set,” “expect,” “predict,” “potential” or the negative of these terms or other similar expressions. Forward-looking statements include, without limitation, HBNB’s expectations concerning anticipated sales revenue once fully sold and project value, the project location, expected number of rooms, expected project completion date and expansion goals, the outlook for the HBNB Group’s business, productivity, plans and goals for future operational improvements and capital investments, operational performance, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, as well as any information concerning possible or assumed future results of operations of the HBNB Group. These forward-looking statements are based on the beliefs and assumptions of the management of HBNB. Although HBNB believes that such plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, HBNB cannot assure you that such plans, intentions or expectations will be achieved or realized. Forward-looking statements involve a number of risks, uncertainties and assumptions and actual results or events may differ materially from those projected or implied in those statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the HBNB Group’s ability to execute on its business model, potential business expansion opportunities in foreign countries and growth strategies, manage future growth, retain and expand customers’ use of its hotel services and attract new customers, and source and maintain talent; risks relating to joint venture partners, including owners of pre-sold condotel units in Hotel101 hospitality projects, who may have interests different from and may take actions that adversely affect the HBNB Group; risks relating to project cost and completion; risks relating to the HBNB Group’s sources of cash and cash resources; risks relating to offering deferred payment schemes, including the risk of customer default; the HBNB Group’s ability to effectively compete in the highly competitive hospitality industry; any declines or disruptions in the travel and hospitality industries or economic downturn; applicable laws and regulations to real estate development and marketing activities and hotel operation and management activities in the jurisdictions where the HBNB Group has operations or intends to expand into; and other risks and uncertainties discussed in HBNB’s annual report for the year ended December 31, 2025 on Form 20-F and under the heading “Risk Factors” in HBNB’s registration statement on Form F-4 (File No.: 333-287130) and other documents to be filed by HBNB from time to time with the U.S. Securities and Exchange Commission.

The foregoing list of factors is not exhaustive. Should one or more of these risks or uncertainties materialize, or should any of HBNB’s assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. There may be additional risks that are not presently known to HBNB or that HBNB currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. HBNB cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date hereof. Forward-looking statements set forth herein speak only as of the date of this document. HBNB does not undertake any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that HBNB will make additional updates with respect to that statement, related matters or any other forward-looking statements.

Contact information:

ir@hotel101global.com 

Photos accompanying this announcement are available at:

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WUHU, China, Oct. 21, 2026 (GLOBE NEWSWIRE) — During the 2026 Chery International User Summit, the LEPAS L6 EV completed its first LEPAS Global Elegance Drive on October 19–20 as part of the inaugural LEPAS Global Elegant Lifestyle Week, held under the theme “TOGETHER IN ELEGANCE.” Bringing together 34 Elegant Driving Ambassadors from 15 countries, the approximately 700-kilometer journey from Shanghai to Wuhu passed through Tonglu, Qiandao Lake and Shexian, putting the L6 EV’s driving dynamics, ride comfort, intelligent parking, driving range and charging performance to the test across diverse road conditions.

Experiencing Elegance on Every Road
On day one, the convoy traveled from Shanghai to Qiandao Lake. The L6 EV’s 540° panoramic view system helped drivers navigate city traffic, while ADAS features eased highway driving.

Thomas Jervis, an Elegant Driving Ambassador from the UK’s Auto Express, commented: “The acceleration of the LEPAS L6 EV is very smooth, and its power delivery on straight roads and when merging onto highways is sufficient to meet my needs.” He also highlighted the driving range, noting that it was broadly in line with the officially stated figures.

At Qiandao Lake, participants tested Automated Parking Assist (APA) and Remote Parking Assist (RPA) in tight spaces and the vehicle-to-load (V2L) function in a camping setting. They also shared driving impressions and perspectives on new energy mobility over local food and music by the lake, offering LEPAS insights into user needs across markets.

Mountain Roads Put Comfort and Control to the Test
On day two, winding mountain roads and changing gradients toward Wuhu highlighted the L6 EV’s steering response, controlled body roll, smooth power delivery and braking. Its chassis absorbed bumps effectively, keeping rear-seat passengers comfortable over uneven surfaces.

A quiet cabin, generous headroom and legroom, and intelligent features added to long-distance comfort. Jacobus Gert Hendrik Venter, an Elegant Driving Ambassador from South Africa’s Navigating Media, shared his impressions: “The interior really stands out to me. The materials feel refined, the build quality is impressive, and the Sony sound system is absolutely great. LEPAS has really nailed the sound experience.”

Across diverse real-world driving conditions, participants experienced the L6 EV’s driving dynamics, comfort and elegant technology across diverse real-world conditions, discovering greater ease and refinement throughout the journey.

From seeing elegance to experiencing it, the first-ever LEPAS Global Elegance Drive brought elegant driving to life on real roads. Participants’ feedback will help LEPAS better understand user needs across global markets and deliver more composed, comfortable and refined journeys.

About LEPAS

LEPAS is Chery Auto’s Premium NEV brand, dedicated to creating elegant mobility experiences for users worldwide. Committed to becoming the Preferred Brand for Elegant Mobility Life, LEPAS brings together Leopard Aesthetics, Elegant Technology, and Exquisite Space – transforming elegance into a driving experience you can see, feel, and trust. Supported by a growing global dealer network of more than 500 sales and service outlets, LEPAS is expanding its international footprint through localized operations, delivering products and experiences tailored to users across global markets.

Media Contact
Company Name: LEPAS International
Contact Person: Vincy wang
E-mail: GlobalPR@lepasinternational.com
Company Official Website: https://lepasinternational.com/

Photos accompanying this announcement are available at

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HOLLISTER, Calif., Oct. 20, 2026 (GLOBE NEWSWIRE) — Alpha Teknova, Inc. (“Teknova”) (Nasdaq: TKNO), a leading producer of critical reagents for the discovery, development, and commercialization of novel therapies, vaccines, and molecular diagnostics, today announced the pricing of its underwritten public offering of 8,000,000 shares of its common stock at a price to the public of $5.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be $40 million. Teknova has also granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares of its common stock. All of the shares of common stock in the offering are to be sold by Teknova. The offering is expected to close on or about October 22, 2026, subject to the satisfaction of customary closing conditions.

TD Cowen and William Blair are acting as joint book-running managers for the proposed offering. Craig-Hallum is acting as lead manager. Stephens Inc. and Roth Capital Partners are acting as co-managers. Perrella Weinberg Partners is serving as financial adviser to Teknova.

Teknova currently intends to use the net proceeds from this offering for general corporate purposes, including potentially the repayment of outstanding debt obligations. Teknova may use a portion of the net proceeds to acquire or invest in other businesses, products, and technologies that are complementary to its own, although Teknova has no current commitments or arrangements to do so.

The public offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-288613), previously filed with the Securities and Exchange Commission (the “SEC”) on July 10, 2025, and declared effective on July 16, 2025. The securities may be offered only by means of a prospectus and prospectus supplement that form a part of the registration statement. A preliminary prospectus supplement and the accompanying prospectus relating to and describing the terms of the offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus, and when available, copies of the final prospectus supplement and the accompanying prospectus relating to the offering, may also be obtained by contacting TD Securities (USA) LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by email at TDManualrequest@broadridge.com; or William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, Illinois 60606, by telephone at 1-800-621-0687, or by email at prospectus@williamblair.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Teknova

Teknova makes solutions possible. Since 1996, Teknova has been innovating the manufacture of critical reagents for the life sciences industry to accelerate the discovery and development of novel breakthroughs that will help people live longer, healthier lives. We offer fully customizable solutions for every stage of the workflow, supporting industry leaders in genomics, molecular diagnostics, and emerging therapeutic modalities. Our fast turnaround of high-quality agar plates, microbial culture and cryopreservation media, buffers and reagents, and water helps our customers scale seamlessly from RUO to GMP. Headquartered in Hollister, California, with over 180,000 square feet of state-of-the-art facilities, Teknova’s modular manufacturing platform was designed by our team of scientists, engineers, and quality control experts to efficiently produce the foundational ingredients for the discovery and commercialization of next-generation therapies.

Forward-Looking Statements

This press release contains forward-looking statements under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding Teknova’s expectations on the timing and completion of the offering and the anticipated use of proceeds therefrom. Forward-looking statements can often be identified by such words as “will,” “expects,” “plans,” “believes,” “intends,” “estimates,” “projects,” “continue,” “potential” or other similar words or expressions. Forward-looking statements are based on Teknova’s current expectations. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially and adversely and reported results should not be considered as an indication of future performance. These risks and uncertainties include, but are not limited to: risks and uncertainties associated with market and other conditions and the satisfaction of customary closing conditions related to the proposed public offering and other risks that are described in Teknova’s most recent periodic reports filed with the Securities and Exchange Commission, including Teknova’s Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent Quarterly Reports on Form 10-Q, including the risk factors set forth in those filings. These forward-looking statements speak only as of the date hereof. Teknova disclaims any obligation to update these forward-looking statements, except as required by applicable law.

Contacts:

Investor Contact
Matt Lowell
Chief Financial Officer
matt.lowell@teknova.com
+1 831-637-1100

Media Contact
Jennifer Henry
Senior Vice President, Marketing
jenn.henry@teknova.com
+1 831-313-1259

This press release was published by a CLEAR® Verified individual.

• The 2026 iCAUR International User Summit opened on October 19 in Wuhu, China, under the theme “Classic Never Fades | Make It Yours.”
• The iCAUR V25 made its global debut and officially went on sale worldwide. Together with the V23 and V27, it rounds out the V-Series lineup, bringing the Future Classic Design concept to life across a comprehensive product portfolio.
• Three officially customized V-Series models will enter global markets. At the summit, 20 customized vehicles were showcased, highlighting the creativity of users from different communities and markets.

WUHU, China, Oct. 20, 2026 (GLOBE NEWSWIRE) — The 2026 iCAUR International User Summit opened in Wuhu, China, on October 19, bringing together more than 500 user representatives from around the world, alongside partners and international media. Under the theme “Classic Never Fades | Make It Yours,” the five-day event brings together product experiences, vehicle customization, user stories and ecosystem activities, highlighting how iCAUR connects its design philosophy with the interests and creativity of users around the world.

The summit showcases the iCAUR V25, three officially customized V-Series models, and 20 customized vehicles. Visitors can also explore the iCAUR brand showroom, take part in a smart factory tour, and experience the V-Series through multi-scenario test drives. The event also marks the introduction of iCAUR’s first group of Brand Ambassadors and highlights the next phase of its global user engagement initiative, Club Connect. Through these activities, iCAUR brings together three key elements of its brand: Future Classic Design, customization and a growing network of users who help shape the brand’s development.

[A Bustling Scene from 2026 iCAUR International User Summit]

Building a Global Brand Through Products and Local Connections

Since its launch, iCAUR has expanded into more than 40 countries and regions worldwide. The V23 has surpassed 100,000 units in cumulative global sales and received the Red Dot Design Award in 2026, while the V27 won the Best Interior Design Award in the Premium Car Category at the 2026 Torino Automotive Design Award (TADA).

These milestones mark an important stage in the brand’s international development. As iCAUR continues to expand into new markets, it is also working with local partners to strengthen sales and service networks and build lasting relationships with users.

At the summit, Ronna, CEO of iCAUR International, shared the brand’s view that entering a market is only the beginning. Long-term growth comes from understanding users, listening to their ideas and creating experiences that give them more ways to engage with the brand.

iCAUR V25 Expands the V-Series

The iCAUR V25 takes center stage at the summit, further expanding the V-Series alongside the V23 and V27. Built around the brand’s Future Classic Design philosophy, the V25 combines a distinctive boxy silhouette and classic round headlights with modern technology and capabilities for a range of driving scenarios.

[iCAUR V25 Global Debut]

At the event, Dr. Su Jun, Vice President of Chery Automobile Co., Ltd., explained the thinking behind the V25 through three principles: restraint, capability and freedom.

The design retains the V-Series’ recognizable proportions and signature styling rather than following short-term trends. Its i-SWIFT Agile Handling Platform, Golden REEV powertrain and i-AWD system support a variety of driving conditions, from urban roads to more challenging terrain.

The V25 also leaves room for personalization, with more than 20 ecosystem interfaces. Other features include a 1.8-ton towing capacity, 6 kW vehicle-to-load (V2L) capability, 66.4% space efficiency, 41 storage spaces and a body made of 80% high-strength steel.

Together, the V23, V25 and V27 show how Future Classic Design can take different forms across the V-Series, combining a recognizable design identity with modern technology and opportunities for personal expression.

Three Officially Customized Models Showcase Different Personalities

Customization is a key highlight of the summit, with three officially customized V-Series models presented alongside 20 customized vehicles developed with users and partners.

Each of the three officially customized models reflects a different interest and lifestyle. The V23 Forge brings urban individuality to life with a muscular widebody stance and gloss-black accents, while retaining the V23’s playful character. The V25 Game Changer celebrates the freedom to play, combining the V25’s classic toughness with gaming-inspired details. The V27 Sun Roam draws inspiration from 1980s off-road vehicles and vintage cameras, pairing rugged proportions with carefully crafted details.

[Three Officially Customized iCAUR Models on Display]

The three models are planned for introduction in global markets by early 2027, through KD production or dealer-installed packages, subject to local regulations and market conditions. Beyond the official builds, the 20 customized vehicles on display demonstrate how users and partners bring their own ideas to the V-Series. Visitors can explore different styles, learn about customization details and exchange ideas with the teams behind the vehicles.

[Global User Creativity at 2026 iCAUR International User Summit]

Customization is already an important part of the iCAUR user experience. According to the brand, 50% of its users worldwide customize their vehicles. Their choices and ideas also provide inspiration for the brand’s future products and customization offerings.

Looking ahead, iCAUR plans to introduce dedicated customization spaces in its showrooms, giving customers more opportunities to explore personalization options. The brand also plans to present a customized classic vehicle alongside new models at future model launches, offering inspiration for different ways to make an iCAUR their own.

The brand is continuing to expand its customized vehicle lineup, develop accessories suited to local markets and establish quality and safety validation mechanisms for customization offerings. These efforts aim to make customization more accessible while safeguarding quality and safety.

Connecting Vehicles with Lifestyle Experiences

The iCAUR brand showroom brings together vehicle customization, classic lifestyle elements, and user co-creation, offering visitors a broader view of the brand beyond its vehicles.

[iCAUR Brand Ecosystem Showroom]

Body accessories, outdoor equipment and lifestyle products demonstrate how the vehicle can connect with different interests and everyday activities. Music, travel, surfing and cycling elements reflect the varied ways users explore their interests and express their individuality.

The summit also includes a smart factory tour, giving participants a closer look at iCAUR’s manufacturing processes and quality management. During the event, the V-Series multi-scenario test-drive activities will give participants the opportunity to experience the V25 and V27 across different road conditions, including wavy roads, mud, uneven terrain, S-curves and other driving challenges. Activities involving smart ecosystem partner AiMOGA and green community initiatives are also scheduled as part of the five-day program.

Together, these experiences allow users and partners to explore the vehicles, understand the brand’s design approach and see how iCAUR connects its products with different lifestyles and interests.

From Official User Clubs to Global Club Connect

For iCAUR, the relationship with users continues well beyond vehicle delivery. The brand has established official user clubs in nine countries, bringing owners together to share experiences and connect through common interests.

[2026 iCAUR International User Summit Bird View]

In 2027, iCAUR plans to expand this approach through its global Club Connect initiative, bringing together more users across markets, encouraging the exchange of ideas, and using user feedback to inform future products and experiences.

[CAUR’s First Group of Brand Ambassadors]

The summit also marks the introduction of iCAUR’s first group of Brand Ambassadors. These users are recognized for their creativity, passion, and contributions to the brand. Through Club Connect, iCAUR plans to continue selecting ambassadors who can share their experiences, contribute to brand activities, and inspire other users in their markets.

User participation also extends to customization. Ideas from users may inspire future officially customized models for global markets, creating further opportunities for users to contribute to how iCAUR products evolve.

As the brand continues its international expansion, iCAUR aims to reach more than 70 markets by 2027. Alongside market development, it will continue working with local partners to strengthen sales and service networks and to develop user engagement in different regions.

The 2026 iCAUR International User Summit brings these priorities together through iCAUR’s vehicles, customized builds, hands-on experiences, and growing network of user clubs and Brand Ambassadors.

Guided by “Classic Never Fades” and “Make It Yours,” iCAUR continues to develop its Future Classic Design philosophy while giving users more opportunities to express their individuality and contribute to the brand. For iCAUR, delivery is not the end of the story, but the starting point for what users can make of their iCAUR.

About iCAUR

Chery Group’s iCAUR is a new energy automotive brand driven by Future Classic Design and technology. Guided by its design philosophy, iCAUR combines classic design elements with modern aesthetics and technology to develop distinctive vehicles for urban mobility and outdoor exploration. With a focus on product innovation and customization, iCAUR offers diverse vehicle choices and personalization options, extending its brand experience through user services and a growing range of user engagements initiatives.

iCAUR’s product portfolio is supported by technologies including i-AWD intelligent electric all-wheel drive and the REEV Golden Range Extender, delivering performance and capability for a range of driving conditions. With a growing presence in more than 40 markets worldwide, iCAUR continues to expand its international business and user engagements, guided by its brand belief: Classic Never Fades.

Serena Wang

Email: wangjieyun2@mychery.com

Website: iCAUR GLOBAL WEB

Photos accompanying this announcement are available at

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