Author: Ravi Shankar

PRESS
RELEASE

Nanterre, France
Thursday, October 22^nd, 2026

FORVIA and Great Wall Motor deepen strategic partnership to accelerate global growth and next generation mobility

FORVIA and Great Wall Motor have signed a Global Strategic Cooperation Framework Agreement to expand their collaboration across key international markets and strategic technologies, leveraging FORVIA’s global footprint and technology leadership to support Great Wall Motor’s international growth ambitions and accelerate the transition toward safer, smarter and more sustainable mobility.

• FORVIA and Great Wall Motor elevate a longstanding partnership into a global strategic cooperation framework
• The agreement expands collaboration beyond China across innovation. industrial excellence, sustainability and supply chain resilience.
• The partnership combines Great Wall Motor’s international ambitions with FORVIA’s global industrial and technology capabilities.

The agreement expands cooperation beyond China to key international markets and broadens collaboration across innovation, industrial excellence, supply chain resilience, sustainability, and talent development.

Building on FORVIA’s technology leadership and global industrial footprint across our product lines including Seating, Clean Mobility, Electronics, Lighting, the partnership will support Great Wall Motor’s international growth ambitions while accelerating the development of safer, smarter and more sustainable mobility solutions worldwide.

Martin Fischer, Chief Executive Officer of FORVIA, said: “Chinese automakers are becoming major global players and are reshaping competitive dynamics across the industry. As they expand internationally, success will increasingly depend on the ability to combine local innovation with global execution. This is where FORVIA brings distinctive value. By combining Great Wall Motor’s growth ambitions with FORVIA’s technology leadership, industrial footprint and local-for-local execution model, we are creating a platform for long-term growth and innovation across the world’s key automotive markets.”

Zhao, Guoqing, Chief Operating Officer and Chief Supply Chain Officer of Great Wall Motor, said: “Globalization is at the core of Great Wall Motor’s strategy. We are continuously advancing our ecosystem-driven globalization and comprehensively strengthening our global operations and localized service capabilities. Having a partner that both understands the Chinese market and brings global industrial footprint and technology depth is essential to Great Wall Motor’s global development. FORVIA has deep expertise across Seating, Clean Mobility, Electronics and Lighting, and its ability to combine global footprint with local operations aligns closely with Great Wall Motor’s development needs. We look forward to building on this agreement as a starting point to achieve deeper win-win cooperation in technology innovation, supply chain synergy and global market expansion.”

The agreement reflects FORVIA’s commitment to supporting the global ambitions of leading Chinese automakers. By combining deep local engagement in China with a global industrial and engineering footprint, FORVIA is uniquely positioned to help customers accelerate innovation, scale programs across regions and support their global development.

Press	Analysts
Christophe MALBRANQUE Director Influence Groupe +33 (0) 6 21 96 23 53 christophe.malbranque@forvia.com	Adeline MICKELER Group Vice President Investor Relations +33 (0) 6 61 30 90 90 adeline.mickeler@forvia.com
Audrey ÉPÈCHE Head of Media Relations +33 (0) 6 15 98 79 36 audrey.epeche@forvia.com	Sébastien LEROY Group Deputy Investor Relations Director +33 (0) 6 26 89 33 69 sebastien.leroy@forvia.com

FORVIA, a global automotive technology supplier, comprises the complementary technology and industrial strengths of Faurecia and HELLA. With over 137 500 people, including more than 12,000 R&D engineers across 40+ countries, FORVIA provides a unique and comprehensive approach to the automotive challenges of today and tomorrow. Composed of 6 business groups and a strong IP portfolio of over 12,400 patents, FORVIA is focused on becoming the preferred innovation and integration partner for OEMs worldwide. In 2025, the Group achieved a consolidated revenue of 26.2 billion euros prior to IFRS 5. FORVIA SE is listed on the Euronext Paris market under the FRVIA mnemonic code and is a component of the SBF 120 index. FORVIA aims to be a change maker committed to foreseeing and making the mobility transformation happen. www.forvia.com

Attachment

• 2026 10 22 PR FORVIA x Great Wall Motor ENG

Q3 2026 sales

Double-digit sales growth in Q3, highest rate since 2022

Sequential acceleration driven by US high-growth segments

2026 guidance raised for the second time

• Q3 2026 sales of €5,453m, up +11.4% on a same-day basis
  • Significant sequential acceleration driven by North America, notably the US
  • US boosted by high-growth segments with a significant contribution from data centers
  • Well-balanced contribution between volumes & prices
  • Continued positive trends in Europe, fueled by our good positioning in energy transition
• Agreement signed for the acquisition of GCG in the US, the largest acquisition in more than 15 years and the fourth in North America in 2026, further reinforcing Rexel’s profile
  • Financing of the transaction supported by the successful completion of a €500 million capital increase
  • Closing expected by year-end
• 2026 outlook raised for the second time: Same-day sales growth up c.7% (vs c.5% previously), current adjusted EBITA margin of at least 6.4% (vs at least 6.2%) and free cash flow conversion above 65%

Key figures (€m)	Q3 2026	YoY change	9m 2026	YoY change
Sales on a reported basis	5,452.9	+14.6%	15,441.8	+6.2%
On a constant and actual-day basis		+12.0%		+7.2%
On a constant and same-day basis		+11.4%		+7.3%
Same-day sales growth by geography
North America	2,756.8	+17.4%	7,316.4	+10.6%
Europe	2,348.4	+4.5%	7,151.3	+3.2%
Asia-Pacific	347.6	+15.8%	974.2	+14.9%

“Rexel achieved its best quarterly sales performance since 2022, confirming the acceleration of our growth trajectory. This performance was led by the United States, where our exposure to data centers and other attractive verticals, combined with our increasingly differentiated value proposition, enabled us to capture particularly strong demand. Europe and Asia-Pacific also maintained positive momentum, demonstrating the resilience and diversification of our portfolio. These results illustrate how our strategic repositioning toward high-growth segments and value-added services is transforming Rexel’s business model and raising its visibility. The acquisitions completed and announced in 2026, including GCG, will further accelerate our transformation.
This very strong performance leads us to raise our full-year 2026 guidance for the second time and reinforces our confidence in our ability to sustain profitable growth and continue creating value through the execution of our Axelerate 2028 roadmap.”
Guillaume Texier, Chief Executive Officer

Group Sales

Q3 2026 sales increased by +14.6% year-on-year on a reported basis and +11.4% on a constant and same-day basis

Key figures (€m)	Q3 2026	YoY change	9m 2026	YoY change
Sales on a reported basis	5,452.9	+14.6%	15,441.8	+6.2%
On a constant and actual-day basis		+12.0%		+7.2%
On a constant and same-day basis		+11.4%		+7.3%

In Q3 2026, Rexel posted sales of €5,453m, increasing by +14.6% on a reported basis, mainly driven by organic growth, comprising:

• Constant and same-day sales growth of +11.4%, with:
  • Growth in all geographies
  • Volume growth acceleration (+6.3% contribution)
  • Selling price increases in both cable (+2.9% contribution) and non-cable (+2.2% contribution) products across all three regions
• A positive calendar effect of +0.6%
• A positive net scope effect of +1.2%, resulting from:
  • An active acquisition strategy in North America (Revere, Techno-Contact, Dee Electronics) and in Europe (Tecno Bi), contributing for +2.1% in the quarter
  • The disposal of Rexel’s Finland operations (deconsolidated from Sept.1^st, 2025)
• A currency effect of +1.2%, mainly due to the appreciation of the US and Australian dollars against the euro

9m 2026 sales up +6.2% year-on-year on a reported basis and +7.3% on a constant and same-day basis

In 9m 2026, Rexel posted sales of €15,442m, up +6.2% on a reported basis. This performance includes:

• Constant and same-day sales growth of +7.3%, with positive contributions from both volumes (+3.4%) and selling prices (+2.3% from cable products and +1.6% from non-cable)
• A calendar effect of (0.1)%
• A positive net scope effect of +0.5%, with acquisitions in North America (Revere, Techno-Contact, Dee Electronics, Warshauer, Schwing and Jacmar) and in Europe (Tecno Bi) contributing for +1.6%, mitigated by the disposal of Rexel’s Finland operations
• A currency effect of (1.4)%, mainly due to the depreciation of the US dollar against the euro

Digital sales:

Digital sales in Q3 2026 increased by +256bps to represent 36% of total Group sales:

• They represent 44% of sales in Europe, up by +40bps; 31% in North America, an increase of +604bps, driven by rapid adoption of Digital/AI tools; and 23% in Asia-Pacific

North America (51% of Group sales): Sales growth acceleration, up +17.4% in Q3 and +10.6% in 9m on a constant and same-day basis

In Q3 2026, sales in North America were up by +24.1% on a reported basis, including:

• Strong constant and same-day sales growth of +17.4%
• A positive scope effect of +4.2%, resulting from the acquisitions of Revere, Techno-Contact and Dee Electronics
• A currency effect of +1.5%, due to the appreciation of the US dollar against the euro

Key figures (€m)	% of the region sales	Q3 2026	YoY change	9m 2026	YoY change
North America		2,756.8	+17.4%	7,316.4	+10.6%
United States	84%	2,317.4	+18.2%	6,078.2	+10.7%
Canada	16%	439.4	+13.4%	1,238.2	+10.0%

Sales in North America rose +17.4% on a same-day basis, with all three end markets positively oriented

• Non-residential and industrial automation remain the main contributors
• Acceleration mainly driven by volumes
• Favorable selling price environment, similar to Q2 26
• Backlog at end-September 2026 above USD3bn, up +42% vs end 2025 and representing 3.4 months of sales

United States:

• US same-day sales were up +18.2% in Q3 2026, driven by:
  • Data centers up in triple digits, now representing c. 13% of US sales, mainly driven by Mountain Plains, Southeast (including Mayer) and the Gulf
    • Outperforming a strong underlying market
    • Moving upstream in the value chain, in a context of longer lead times and increased supply-chain pressure
    • Increasing value-add and expertise
  • Industrial automation up c. 20%, mainly boosted by industrial projects and OEM
  • Mid-single digit growth in other non-residential (notably aerospace) and residential markets, despite negative trends at Talley on a very high 2025 comparable basis

Canada:

• Strong sales growth in Q3, up +13.4% on a same-day basis, driven by data centers (c. 10% of sales) coupled with low-single digit growth in non-data center activity supported by utilities, industrial automation and oil & gas

Europe (43% of Group sales): Strong sales trends, up +4.5% in Q3 and +3.2% in 9m on a constant and same-day basis

In Q3 2026, European sales grew by +4.0% on a reported basis, including:

• Strong constant and same-day sales increase of +4.5%
• A positive calendar effect of +1.1%
• A net scope impact of (1.7)%, reflecting the disposal of operations in Finland, partly offset by the acquisition of Tecno Bi in Italy contributing for +0.2% in the quarter
• A currency effect of +0.1%

Key figures (€m)	% of the region sales	Q3 2026	YoY change	9m 2026	YoY change
Europe o/w		2,348.4	+4.5%	7,151.3	+3.2%
France	40%	934.2	+3.6%	2,902.3	+3.9%
DACH	26%	620.9	+6.4%	1,765.2	+2.4%
Benelux	16%	383.6	+7.5%	1,210.1	+6.3%
UK & Ireland	10%	237.1	(0.1)        %	698.5	(3.1)        %
Sweden	5%	127.7	+4.8%	427.9	+2.5%

Sales in Europe increased by +4.5% on a same-day basis, mainly driven by:

• Demand in HVAC, solar and EV charging stations, up c.13% and representing more than 20% of sales, boosted by electrification plans in a context of energy price volatility
• Significant selling price increases in both cable and non-cable products

Trends by country and cluster (same-day basis):

• France increased by +3.6%, in an uncertain macro environment, leveraging its value-added HVAC product offering and its EV charging solutions
• DACH region (Germany, Switzerland, Austria & Slovenia), up +6.4%, improving sequentially, driven by solar activity in Germany coupled with first positive signs in industrial automation
• Benelux up by +7.5%, driven by HVAC, solar and EV solutions in the Netherlands
• UK & Ireland were stable, but progressing sequentially driven by growth in Ireland (solar, EV, datacom) and improving trends in the UK, albeit still slightly negative
• Sweden increased by +4.8%, driven by residential and infrastructure segments

Asia-Pacific (6% of Group sales): Robust sales growth, up +15.8% in Q3 and +14.9% in 9m on a constant and same-day basis

In Q3 2026, Asia-Pacific sales increased by +24.5% on a reported basis, including:

• Constant and same-day sales increase of +15.8%
• Positive currency effect of +7.5%, mainly due to the appreciation of the Australian dollar and the renminbi against the euro

Key figures (€m)	% of the region sales	Q3 2026	YoY change	9m 2026	YoY change
Asia-Pacific		347.6	+15.8%	974.2	+14.9%
Australia	51%	175.8	+13.1%	508.7	+17.2%
China	42%	147.3	+19.4%	396.5	+11.2%
India	7%	24.6	+15.1%	69.0	+20.3%

In Asia-Pacific, Q3 2026 sales increased by +15.8% on a constant and same-day basis

• In Australia, sales growth remains well oriented, up +13.1%, notably supported by solar activity and the industrial segment, fueled by project activity and the mining sector
• In Asia, sales in China and India grew by +19.4% and +15.1% respectively, supported by industrial automation activity, mainly in manufacturing, logistics and electronics/robotics

Outlook

Rexel is raising its full-year 2026 guidance for the second time this year, on the back of its acceleration in sales. This momentum is driven by high-growth segments, notably data centers and electrification. The upgrade also reflects the Group’s differentiated positioning in electrification, digital solutions, value-added services and the contribution of recent acquisitions. Together with historically high backlog levels, these factors provide additional visibility for the remainder of the year despite a macroeconomic and geopolitical environment that remains volatile.

In this context, Rexel is upgrading its guidance for full-year 2026, as follows:

• Same-day sales growth of c. 7% (vs c. 5% upgraded in Q2 26)
• Current adjusted EBITA margin¹ of at least 6.4% (vs at least 6.2% upgraded in Q2 26)
• Free cash flow conversion² above 65% (unchanged)

Reminder of Rexel’s key medium-term ambitions:

• Sales growth potential of between 5% and 8%, with targeted M&A representing between 2% and 3%
• Current adjusted EBITA margin above 7%
• An average conversion rate of 65% of EBITDAaL into Free Cash Flow before interest and tax

¹ Excluding (i) amortization of PPA and (ii) the non-recurring effect related to changes in copper-based cable prices.

² FCF Before interest and tax/EBITDAaL

NB: The estimated impacts per quarter of (i) calendar effects by geography, (ii) changes in the consolidation scope and (iii) currency fluctuations (based on assumptions of average rates over the rest of the year for the Group’s main currencies) are detailed in appendix 2

2026 financial calendar

February 10, 2027 (post-market)                Q4 2026 sales and FY 26 results

Contacts:

Ludovic Debailleux VP Investor Relations +33 1 42 85 76 12 ludovic.debailleux@rexel.com

Pierre-Jean Le Mauff         Press                   +33 7 77 78 58 67 pierrejean.lemauff@taddeo.fr

Financial Information:

A slideshow of the third-quarter 2026 sales is also available on the Group’s website.

Unless otherwise stated, all comments are on a constant and adjusted basis and, for sales, at same number of working days.

About Rexel Group:

Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets: residential, non-residential, and industrial. The Group supports its residential, non-residential, and industrial customers by providing a tailored and scalable range of products and services in energy management for construction, renovation, production, and maintenance. Rexel operates through a network of 1,876 branches in 17 countries, with 26,306 employees. The Group’s sales were €19.4 billion in 2025.

Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: MSCI World, CAC Next 20, SBF 120, CAC Large 60, CAC SBT 1.5 NR, CAC AllTrade, CAC AllShares, FTSE EuroMid, and STOXX600. Rexel is also part of the following SRI indices: FTSE4Good, Dow Jones Sustainability Index Europe, Euronext Sustainable Europe 120 and S&P Global Sustainability Yearbook 2025, in recognition of its performance in terms of Corporate Social Responsibility (CSR).

For more information, visit www.rexel.com/en.

Glossary:

Current EBITA: Operating income before amortization of intangible assets recognized upon purchase price allocation and before other income and other expenses.

Current adjusted EBITA: Current EBITA excluding the estimated non-recurring net impact from changes in copper-based cable prices.

EBITDA: Operating income before depreciation and amortization and before other income and other expenses.

EBITDAaL: EBITDA after deduction of lease payments following the adoption of IFRS 16.

Recurring net income: Net income restated for the non-recurring copper effect, other expenses and income, and non-recurring financial expenses, net of associated tax effects.

Free Cash Flow: Cash from operating activities minus net capital expenditure.

Net Debt: Financial debt less cash and cash equivalents. Net debt includes debt hedge derivatives.

Appendix 1: Segment reporting – Constant and adjusted basis*

* Constant and adjusted = at comparable scope of consolidation and exchange rates, excluding the non-recurring effect related to changes in copper-based cable prices and before amortization of purchase price allocation

Group

Constant and adjusted basis (€m)	Q3 2025	Q3 2026	Change	9m 2025	9m 2026	Change
Sales	4,870.1	5,452.9	+12.0%	14,404.5	15,441.8	+7.2%
on a constant basis and same days			+11.4%			+7.3%

North America

Constant and adjusted basis (€m)	Q3 2025	Q3 2026	Change	9m 2025	9m 2026	Change
Sales	2,348.0	2,756.8	+17.4%	6,643.1	7,316.4	+10.1%
on a constant basis and same days			+17.4%			+10.6%
United States	1,960.4	2,317.4	+18.2%	5,517.5	6,078.2	+10.2%
on a constant basis and same days			+18.2%			+10.7%
Canada	387.6	439.4	+13.4%	1,125.6	1,238.2	+10.0%
on a constant basis and same days			+13.4%			+10.0%

Europe

Constant and adjusted basis (€m)	Q3 2025	Q3 2026	Change	9m 2025	9m 2026	Change
Sales	2,222.0	2,348.4	+5.7%	6,915.5	7,151.3	+3.4%
on a constant basis and same days			+4.5%			+3.2%
France	887.1	934.2	+5.3%	2,777.3	2,902.3	+4.5%
on a constant basis and same days			+3.6%			+3.9%
DACH	576.1	620.9	+7.8%	1,719.2	1,765.2	+2.7%
on a constant basis and same days			+6.4%			+2.4%
Benelux	354.1	383.6	+8.3%	1,141.6	1,210.1	+6.0%
on a constant basis and same days			+7.5%			+6.3%
UK & Ireland	238.5	237.1	(0.6)        %	724.2	698.5	(3.6)        %
on a constant basis and same days			(0.1)        %			(3.1)        %
Sweden	122.1	127.7	+4.6%	415.1	427.9	+3.1%
on a constant basis and same days			+4.8%			+2.5%

Asia-Pacific

Constant and adjusted basis (€m)	Q3 2025	Q3 2026	Change	9m 2025	9m 2026	Change
Sales	300.2	347.6	+15.8%	845.9	974.2	+15.2%
on a constant basis and same days			+15.8%			+14.9%
Australia	155.4	175.8	+13.1%	432.4	508.7	+17.6%
on a constant basis and same days			+13.1%			+17.2%
China	123.4	147.3	+19.4%	356.5	396.5	+11.2%
on a constant basis and same days			+19.4%			+11.2%
India	21.3	24.6	+15.1%	57.1	69.0	+20.9%
on a constant basis and same days			+15.1%			+20.3%

Appendix 2: Calendar, scope and currency effects on sales

Based on the assumption that exchange rates (as of October 14th) remain unchanged until year end:
€	1.00	=	USD	1.12
€	1.00	=	CAD	1.59
€	1.00	=	AUD	1.60
€	1.00	=	GBP	0.84
and based on acquisitions/divestments to date (excluding GCG), 2025 sales should take into account the following estimated impacts to be comparable to 2026:

	Q1	Q2	Q3	Q4e	FYe
Scope effect at Group level	(1.1)	+15.6	+55.1	+98.9	+168.5
as % of 2025 sales	—        %	+0.3%	+1.2%	+2.0%	+0.9%
Currency effect at Group level	(206.2)	(49.2)	+56.8	+104.7	(93.8)
as % of 2025 sales	(4.3)        %	(1.0)        %	+1.2%	+2.1%	(0.5)        %
Calendar effect at Group level	(0.9)        %	+0.1%	+0.6%	+1.0%	+0.2%
Europe	(0.5)        %	+0.2%	+1.1%	+0.7%	+0.4%
North America	(1.4)        %	(0.1)        %	—        %	+1.4%	—        %
Asia-Pacific	+0.1%	+0.7%	—        %	(0.2)        %	+0.1%

Appendix 3: Analysis of change in revenues (€m)

Sales bridge

Q3	North America	Europe	Asia-Pacific	Group
Reported sales 2025	2,220.9	2,258.1	279.2	4,758.2
+/- Net currency effect	+1.5%	+0.1%	+7.5%	+1.2%
+/- Net scope effect	+4.2%	(1.7)        %	—        %	+1.2%
= Comparable sales 2025	2,348.0	2,222.0	300.2	4,870.1
Same-day sales growth	+17.4%	+4.5%	+15.8%	+11.4%
Calendar effect	—        %	+1.1%	—%	+0.6%
Actual-day sales growth	+17.4%	+5.7%	+15.8%	+12.0%
= Reported sales 2026	2,756.8	2,348.4	347.6	5,452.9
YoY change	+24.1%	+4.0%	+24.5%	+14.6%

9m	North America	Europe	Asia-Pacific	Group
Reported sales 2025	6,655.6	7,054.9	823.0	14,533.5
+/- Net currency effect	(3.5)        %	+0.1%	+2.8%	(1.4)        %
+/- Net scope effect	+3.3%	(2.1)        %	—        %	+0.5%
= Comparable sales 2025	6,643.1	6,915.5	845.9	14,404.5
Same-day sales growth	+10.6%	+3.2%	+14.9%	+7.3%
Calendar effect	(0.5)        %	+0.2%	+0.3%	(0.1)        %
Actual-day sales growth	+10.1%	+3.4%	+15.2%	+7.2%
= Reported sales 2026	7,316.4	7,151.3	974.2	15,441.8
YoY change	+9.9%	+1.4%	+18.4%	+6.2%

Appendix 4: Historical copper price evolution

For the graph, please open the pdf file by clicking on the link at the end of the press release.

USD per ton (3M LME quotes)

USD/t	Q1	Q2	Q3	Q4	FY
2024	8,540	9,873	9,340	9,318	9,266
2025	9,419	9,472	9,865	11,104	9,973
2026	12,878	13,408	14,037
2024 vs 2023	(5)        %	17%	11%	13%	9%
2025 vs 2024	10%	(4)        %	6%	19%	8%
2026 vs 2025	37%	42%	42%

EUR per ton

€/t	Q1	Q2	Q3	Q4	FY
2024	7,865	9,171	8,507	8,721	8,564
2025	8,949	8,354	8,445	9,543	8,826
2026	11,004	11,531	12,201
2024 vs 2023	(6)        %	18%	10%	14%	9%
2025 vs 2024	14%	(9)        %	(1)        %	9%	3%
2026 vs 2025	23%	38%	45%

Disclaimer

The Group is exposed to fluctuations in copper prices in connection with its distribution of cable products. Cables accounted for approximately 16% of the Group’s sales and copper accounts for approximately 60% of the composition of cables. This exposure is indirect since cable prices also reflect copper suppliers’ commercial policies and the competitive environment in the Group’s markets. Changes in copper prices have an estimated so-called “recurring” effect and an estimated so called “non-recurring” effect on the Group’s performance assessed as part of the monthly internal reporting process of the Rexel Group: i) the recurring effect related to the change in copper-based cable prices corresponds to the change in value of the copper part included in the sales price of cables from one period to another. This effect mainly relates to the Group’s sales; ii) the non-recurring effect related to the change in copper-based cable prices corresponds to the effect of copper price variations on the sales price of cables between the time they are purchased and the time they are sold, until all such inventory has been sold (direct effect on gross profit). Practically, the non-recurring effect on gross profit is determined by comparing the historical purchase price for copper-based cable and the supplier price effective at the date of the sale of the cables by the Rexel Group. Additionally, the non-recurring effect on current EBITA corresponds to the non-recurring effect on gross profit, which may be offset, when appropriate, by the non-recurring portion of changes in the distribution and administrative expenses.

The impact of these two effects is assessed for as much of the Group’s total cable sales as possible, over each period. Group procedures require that entities that do not have the information systems capable of such exhaustive calculations to estimate these effects based on a sample representing at least 70% of the sales in the period. The results are then extrapolated to all cables sold during the period for that entity. Considering the sales covered. the Rexel Group considers such estimates of the impact of the two effects to be reasonable.

This document may contain statements of future expectations and other forward-looking statements. By their nature, they are subject to numerous risks and uncertainties, including those described in the Universal Registration Document registered with the French Autorité des Marchés Financiers (AMF) on March 10, 2026 under number D.26-0073. These forward-looking statements are not guarantees of Rexel’s future performance, Rexel’s actual results of operations, financial condition and liquidity as well as development of the industry in which Rexel operates may differ materially from those made in or suggested by the forward-looking statements contained in this release. The forward-looking statements contained in this communication speak only as of the date of this communication and Rexel does not undertake, unless required by law or regulation, to update any of the forward-looking statements after this date to conform such statements to actual results to reflect the occurrence of anticipated results or otherwise.

The market and industry data and forecasts included in this document were obtained from internal surveys, estimates, experts and studies, where appropriate, as well as external market research, publicly available information and industry publications. Rexel, its affiliates, directors, officers, advisors and employees have not independently verified the accuracy of any such market and industry data and forecasts and make no representations or warranties in relation thereto. Such data and forecasts are included herein for information purposes only.

This document includes only summary information and must be read in conjunction with Rexel’s Universal Registration Document registered with the AMF on March 10, 2026 under number D.26-0073, as well as the financial statements and consolidated result and activity report for the 2025 fiscal year which may be obtained from Rexel’s website (www.rexel.com).

Attachment

• PR – Q3 2026 sales

DUNMORE, Pa., Oct. 22, 2026 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s fourth quarter dividend of $0.46 per share, a 7% increase above the previous quarterly cash dividend of $0.43 per share.

“On behalf of the Board of Directors and all Fidelity Bankers, I am proud to announce an increase in our fourth-quarter cash dividend, marking our twelfth consecutive year of dividend growth. Over this 12-year period, our cash dividend has increased by 140%, underscoring the strength and consistency of our financial performance and our long-standing commitment to delivering sustainable value to our shareholders,” shared Daniel J. Santaniello, President and Chief Executive Officer.   “This record reflects disciplined capital management, thoughtful reinvestment in our franchise, and consistent execution of our long-term strategy. Supported by the dedication and commitment of our exceptional Bankers, we remain focused on delivering strong financial performance, maintaining a sound capital position, and creating enduring value for our shareholders.”

The cash dividend of $0.46 per share is payable December 10, 2026, to shareholders of record at the close of business on November 14, 2026.

Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne and Northampton Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through online banking and mobile app.

For more information visit our investor relations web site through www.bankatfidelity.com.

This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  Actual results and trends could differ materially from those set forth in such statements due to various factors.  These factors include the possibility that increased demand or prices for the company’s financial services and products may not occur, changing economic, interest rate and competitive conditions, technological developments and other risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission.

Contacts:
	Daniel J. Santaniello	Salvatore R. DeFrancesco, Jr.
	President and Chief Executive Officer	Treasurer and Chief Financial Officer
	570-504-8035	570-504-8000

Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels and Euronext Amsterdam), regarding a publication relating to a transparency notification from Stichting Pensioenfonds ABP.

Attachments

• Press release EN
• Communiqué de presse FR
• Persbericht NL

20261022_Kering_Q3 26_Press release

PRESS RELEASE

October 22, 2026

REVENUE FOR THE THIRD QUARTER OF 2026

Disciplined execution and tangible progress on the Group’s strategic priorities in a challenging environment

Focused action plan to restore Gucci desirability and rebuild foundations for sustainable growth

Solid momentum at Saint Laurent, Bottega Veneta, Brioni, Kering Jewelry and Kering Eyewear, with clear action plans to further unlock their full potential

Revenue: €3,345 million
Stable on a reported basis, -1% on a comparable basis

“Third-quarter revenue reflects the phasing we anticipated, in a softer macroeconomic environment.

The recovery of Gucci remains our defining priority. We are steadily strengthening desirability and advancing our product development at pace. Reflecting the complementarity of our portfolio, Saint Laurent, Bottega Veneta and Brioni, as well as Kering Eyewear and Kering Jewelry, continue to extend their strong trajectory and we are doubling down on the renewal of Balenciaga and Alexander McQueen.

Unlocking the Group’s full potential requires restoring momentum at Gucci, accelerating on product excellence, delivering our action plan in China, realizing the full benefits of our Group platform and embedding a culture of execution across the organization.

The transformation of Kering is a multi-season undertaking, but the improvements we are seeing across the Group, notably in desirability and key operating indicators, reinforce our confidence in the direction we have set, and the determination of our teams to deliver it.”

Luca de Meo, CEO of Kering

Revenue (in € million)		Q3 2026	Q3 2025	Reported change	Comparable change (1)
Kering Fashion & Leather Goods		2,743	2,774	-1%	-3%
of which Gucci		1,291	1,343	-4%	-6%
Kering Jewelry		239	214	+12%	+11%
Kering Eyewear		373	352	+6%	+4%
Corporate & Other		27	28	-5%	-5%
Eliminations		(37)	(37)	N/A	N/A
KERING		3,345	3,331	+0%	-1%

(1)   Change on a comparable scope and exchange rate basis

2025 figures have been restated to exclude the contribution of Kering Beauté.

Kering revenue in the third quarter of 2026 amounted to €3,345 million, stable as reported and down 1% on a comparable basis year-on-year. The change in reported revenue included a positive currency effect of 1 percentage point and no scope impact.

Third-quarter revenue reflected the anticipated second-half phasing and a more difficult comparison base, compounded by softer macroeconomic trends. Traffic remained the main constraint, while conversion, average price and average ticket remained supportive across most Houses, helped by stronger product execution and improved client engagement.

By channel, in the third quarter:

• Sales from the directly operated retail network, including e-commerce, declined by 3% on a comparable basis, remaining uneven across regions and Houses.

• Wholesale and Other revenues were up 3% on a comparable basis.         

In the first nine months of 2026, the Group generated revenue of €10,565 million, down 2% as reported and stable on a comparable basis, while advancing the optimization of its store network. Following 75 net store closures in 2025, Kering completed a further 105 net store closures during the first nine months of the year, including 128 closures and 23 openings, thereby exceeding its full-year objective of 100 net closures ahead of schedule. The Group now plans at least 125 net closures for the full year 2026.

Kering Fashion & Leather Goods

In the third quarter of 2026, Kering Fashion & Leather Goods revenue amounted to €2,743 million, down 1% as reported and 3% on a comparable basis.

The performance of Gucci, which is part of this segment, is detailed in a dedicated section.

Sales in the directly operated retail network were down 4% on a comparable basis. Excluding Gucci, retail sales increased by 2%, driven by continued growth at Saint Laurent, Bottega Veneta and Brioni, underscoring the increasing breadth of the Group’s portfolio.

• Saint Laurent growth was notably driven by sustained momentum in North America and Western Europe, and strong engagement from VICs (Very Important Clients) and Core clients.
• Bottega Veneta again outperformed across key markets, supported by sustained brand desirability, strong momentum in leather goods and successful product introductions. The House also advanced its diversification strategy, notably in ready-to-wear, while benefitting from strong engagement among VICs.
• Balenciaga remained resilient in leather goods, while its ready-to-wear and shoes categories were still challenged.
• Alexander McQueen pursued its repositioning, sharpening its British tailoring identity, enhancing its product offering and streamlining its distribution footprint as part of its turnaround plan.
• Brioni maintained strong growth, supported by its highly personalized client relationship and the strength of its bespoke offer.

Wholesale and Other revenues of the segment increased by 4% on a comparable basis.

of which Gucci

Gucci recorded revenue of €1,291 million in the third quarter, down 4% as reported and down 6% on a comparable basis.

The performance of Gucci reflected a more demanding comparison base and a less pronounced newness effect than in the second quarter. While traffic remained the main constraint, conversion, average price and average ticket improved further, supported by the progressive rollout of new collections.

The House pressed ahead with its product transformation agenda, further refining its product and pricing architecture, enhancing quality and improving time to market. Handbags were at the forefront of these efforts, supported by a richer offering, while ready-to-wear and shoes remain key areas of focus.

Sales from the directly operated retail network declined by 9% on a comparable basis. North America remained the House’s most resilient market against a more demanding comparison base, while lower traffic weighed on performance in Asia Pacific, particularly in Mainland China, and in Japan.

Wholesale and Other revenues were up 35% on a comparable basis in the third quarter. Wholesale, which amounted to €120 million, or 9% of the quarterly sales, was up 45% on a comparable basis, reflecting a low comparison base and order-book effects as new collections came through.

Kering Jewelry

In the third quarter of 2026, Kering Jewelry delivered another strong performance against a more demanding comparison base. Revenue amounted to €239 million, up 12% as reported and 11% on a comparable basis, reflecting the strength of the division’s complementary Houses.

Boucheron maintained strong momentum, supported by the enduring appeal of its iconic collections Quatre and Serpent Bohème and good performance in Japan and South Korea. Pomellato continued to build momentum, particularly in Japan, driven by sustained demand for Nudo, Iconica and Together. Performance at DoDo and Qeelin was mixed, though the Houses moved forward with their product initiatives, notably with Qeelin’s successful launch of Wulu Purple Jade.

Sales in the directly operated retail network increased by 18% on both a reported and a comparable basis, while Wholesale and Other revenues decreased by 6%.

Kering Eyewear

In the third quarter of 2026, Kering Eyewear revenue amounted to €373 million, up 6% as reported and up 4% on a comparable basis, reflecting the resilience of the business despite the anticipated phasing effects between the third and fourth quarters. Performance was supported by ongoing innovation and strong commercial execution across the portfolio, with growth across all regions. Key developments during the quarter included the launch of the Fall Winter 2026 collection of Maui Jim, initiatives celebrating the fortieth anniversary of Lindberg, as well as successful sales and marketing campaigns across key markets.

Corporate & Other

In the third quarter of 2026, revenue from Corporate & Other amounted to €27 million, down 5% on a reported and a comparable basis, primarily reflecting the end of rental income following the real estate transactions.

Within the segment, Ginori 1735 delivered strong double-digit growth, reflecting the steady progress in brand development and desirability across key markets.  

OUTLOOK 

Kering is fully mobilized on the execution of its strategic plan. The Group continues to prioritize the quality of its revenue and the depth of its transformation, with progress on both fronts: several Houses are showing strong momentum and the recovery at Gucci is gradually taking shape.

While short-term revenue trends reflect a more challenging macroeconomic environment, Kering confirms its objective of improving its recurring operating margin in 2026, supported by the efficiency measures under way, while maintaining strong investment in the desirability of its Houses.

HIGHLIGHTS AND ANNOUNCEMENTS DURING THE THIRD QUARTER

Gucci and L’Oréal entered a 50-year exclusive beauty license, one year ahead of schedule
On July 7, 2026, Gucci and L’Oréal entered into a 50-year exclusive beauty license agreement, expected to become effective in mid-2027, subject to customary regulatory approvals and the early redemption of the existing agreement between Gucci and Coty. By combining the global desirability and distinctive creative vision of Gucci with the unparalleled expertise of L’Oréal in beauty, innovation capabilities and worldwide distribution network, the partnership aims to unlock significant long-term growth opportunities across fragrance and beauty.

Romain Spitzer appointed Chief Executive Officer of Bottega Veneta
On July 15, 2026, Romain Spitzer was appointed Chief Executive Officer of Bottega Veneta, effective since September 1, 2026. He reports to Luca de Meo and joins the Executive Committee of Kering. He brings more than thirty years of international experience in the luxury industry, with extensive expertise in brand stewardship, retail excellence, and client experience.

Kering Jewelry leadership appointments
On September 1, 2026, Kering announced the appointment of Charlotte Fournet as Pomellato Chief Executive Officer and Krizia Cucurachi as DoDo Chief Executive Officer, both effective since September 15, 2026, and reporting to Jean-Marc Duplaix, Group Chief Operating Officer and Chief Executive Officer of Kering Jewelry. These appointments support Kering Jewelry’s ambition to further unlock the growth potential of its Houses while reinforcing their distinctive identities.

Sabina Belli appointed President of Kering Italia
On September 1, 2026, Sabina Belli was appointed President of Kering Italia, effective since September 15, 2026, reporting to Luca de Meo, Chief Executive Officer of Kering. In her new role, she represents Kering in Italy and strengthens the Group’s dialogue with public institutions, luxury industry associations and key stakeholders. In addition, she continues to oversee the Kering Accademia per le Eccellenze.

Sophie Maddaloni appointed General Secretary of Kering

On September 1, 2026, Sophie Maddaloni was appointed General Secretary of Kering, effective immediately, joining the Group Executive Committee and reporting to Jean-Marc Duplaix, in his capacity as Group Chief Operating Officer. In her new role, she is responsible for the Group’s governance and for safeguarding its interests, as well as for upholding the highest standards of compliance. She oversees the Legal, Internal Control, Internal Audit, and Security departments, working closely with Executive Management and the Board of Directors.

Departure of Anthony Vaccarello from Saint Laurent

On October 9, 2026, Saint Laurent announced the departure of its creative director, Anthony Vaccarello. Over the past decade, Anthony Vaccarello has played a key role in Saint Laurent’s development, helping to strengthen its identity and influence across the worlds of fashion and culture. The House will soon announce its new creative leadership.

Departure of Seán McGirr from Alexander McQueen
On October 16, 2026, Alexander McQueen announced the departure of its creative director, Seán McGirr. Since joining Alexander McQueen in 2023, Seán has shaped a new chapter in the House’s creative story, bringing a distinctive vision while staying deeply connected to the spirit and legacy of its founder, Lee Alexander McQueen. The House will soon announce its new creative leadership.

AUDIOCAST

Kering will present its 2026 Third-Quarter Revenue in an audiocast, which can be accessed here at 6:00pm (Paris time) on Thursday, October 22, 2026. The presentation will be followed by a Q&A session for analysts.

The slide deck (in PDF format) will be available ahead of the audiocast on the www.kering.com/en/finance/ website.

A replay of the audiocast will also be available at www.kering.com/en/finance.

About Kering

Kering is a global, family-led luxury group, home to people whose passion and expertise nurture creative Houses across couture and ready-to-wear, leather goods, jewelry, eyewear and beauty: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735, as well as Kering Eyewear. Inspired by their creative heritage, Kering Houses design and craft exceptional products and experiences that reflect the Group’s commitment to excellence, sustainability and culture. This vision is expressed in our signature: Creativity is our Legacy. In 2025, Kering employed 44,000 people and generated revenue of €14.7 billion.

Contacts

Press
Emilie Gargatte	+33 (0)1 45 64 61 20	emilie.gargatte@kering.com
Marie de Montreynaud	+33 (0)1 45 64 62 53	marie.demontreynaud@kering.com
Analysts/investors
Philippine de Schonen	+33 (0)6 13 45 68 39	philippine.deschonen@kering.com
Victoria Gerard	+33 (0)6 79 39 85 16	victoria.gerard@kering.com

REVENUE FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF 2026

Revenue (in € million)		Q3 2026	Q3 2025		Reported change		Comparable change(1)	9m 2026		9m 2025		Reported change	Comparable change(1)
Kering Fashion & Leather Goods		2,743	2,774		-1%		-3%	8,543		8,889		-4%	-2%
of which Gucci		1,291	1,343		-4%		-6%	4,048		4,370		-7%	-5%
Kering Jewelry		239	214		+12%		+11%	760		669		+14%	+17%
Kering Eyewear		373	352		+6%		+4%	1,338		1,273		+5%	+7%
Corporate & Other		27	28		-5%		-5%	92		99		-6%	-1%
Eliminations		(37)	(37)		N/A		N/A	(168)		(160)		N/A	N/A
KERING		3,345	3,331		+0%		-1%	10,565		10,770		-2%	+0%

(1)   Change on a comparable scope and exchange rate basis

2025 figures have been restated to exclude the contribution of Kering Beauté.

Attachment

• 20261022_Kering_Q3 26_Press release

• The 2026 iCAUR International User Summit showcased 20 customized vehicles. Paired with indoor and outdoor immersive experiences, the event illustrates how “Classic Never Fades” fits seamlessly into a rich variety of lifestyles.
• Three official customized vehicles — the V25 Game Changer, V23 Forge and V27 Sun Roam — deliver distinct interpretations of classic design. Meanwhile, user customization weaves regional culture, personal hobbies and practical functional needs into the vehicles.
• The themed customized vehicles, supported by equipment displays and on-site interactive sessions, let visitors experience firsthand how the car can unlock new lifestyle scenarios.
• The indoor eco-exhibition blends sensory experiences, lifestyle showcases and user co-creation stories, laying out the links between classic design, technology, the brand ecosystem and everyday life.
• Through its official customized vehicle launch roadmap, dedicated in-showroom customization zones and the Club Connect community framework, iCAUR turns on-site creative inspiration into ongoing product options, peer-to-peer user exchange and continuous ecosystem co-creation.

WUHU, China, Oct. 22, 2026 (GLOBE NEWSWIRE) — From personalized vehicle graphics and outdoor gear laid out beside the cars, to curated classic lifestyle pieces inside the showroom, the 2026 iCAUR International User Summit brings customization culture to tangible life. The 20 customized vehicles on display, including three official editions, together with indoor and outdoor experiences, interpret the spirit of “Classic Never Fades”: classic design offers a distinctive, enduring foundation, while the creativity of users and partners adapts these vehicles to diverse life scenarios, presenting rich classic lifestyles.

【Users posing for a photo with an iCAUR customized vehicle】

Official Customizations: Classic Design with Distinct Personalities

The three official customized models each strike a unique tone within the same family design language. The V25 Game Changer draws inspiration from game consoles and controllers, translating elements of digital gaming into automotive design. It embeds this personal passion into the iconic boxy silhouette via joystick-inspired color palettes and bespoke detailing. The V23 Forge retains the original body outline of the V23, amplifying its stance with flared wide-body wheel arches, a vertical grille and gloss-black trim. It keeps its urban character while adding a powerful, rugged edge. The V27 Sun Roam pays homage to 1980s off-road vehicles and vintage cameras, pairing robust proportions with refined detailing to cater to users who prioritize travel experiences.

【V Series official customized vehicles】

While the three models follow different design directions, they collectively demonstrate that classic design can retain strong brand recognizability, while still leaving ample room for individual aesthetic expression.

Diverse Creations: Bringing Cultural Heritage and Personal Passions to Life

Regional cultures take physical shape in the liveries of independent custom builds. Golden Horizon adorns the V27 with motifs inspired by UAE sand dunes, city skylines and Arabic geometric patterns. Wild Pursuit uses sand hues and rainforest olive green, combining tiger claw markings, mountain outlines and tropical flora to capture Malaysia’s natural and cultural identity. Mondrian Mosaic is built on a silver-white V23, using black dividing lines to frame blocks of red, yellow, green and blue, a nod to South Africa’s cultural diversity. As viewers trace along the bodywork, they see not just color schemes, but also the environments and daily lives familiar to each creator.

【iCAUR customized vehicles presenting lifestyle diversity】

Personal interests also steer the direction of these custom builds. PET ADVENTURE is fitted with pet transport gear, mats, food bowls and leashes, and even a V27-shaped scratching board. REEL RANGER is purpose-built for fishing trips, equipped with a canoe rack and roof cargo bag. A craft-beer themed V23 channels brewing culture and urban leisure with a purple-and-yellow color scheme, while FUNFORCE leans into a drift aesthetic for the V23 with a wide-body kit and rear spoiler. These works push customization beyond pure styling into functional customization, offering actionable lifestyle inspiration for other users.

Customization Interactions: Turning Vehicle Capabilities into Hands-On Experiences

Equipment displays and interactive activities are arranged around each customized vehicle. A water-sports themed V23 features wave graphics that echo its theme, paired with paddleboard racks and awnings to showcase gear-carrying capacity and outdoor relaxation. A nine-square toss game invites attendees to join in. The camping-focused V23 transforms the car into a fully fledged campsite with a roof platform integrated with a tent, awning and rotating ladder. Visitors can test quick-set seating beside the vehicle, handling outdoor gear themselves and walking through the whole routine from arrival to rest.

【Users participating in interactions at the iCAUR customized vehicle event】

Photography is another gateway to exploring these builds. A racing-inspired V23 conveys speed with sharp geometric lines and diagonal patterns, and hosts a photo check-in activity. The outdoor off-road V27 combines auxiliary lights with a roof platform and side ladder to showcase backcountry utility, with a spinning-wheel photo pose to add fun.

The photography-themed V27 turns shooting itself into part of the experience. The model’s factory roof rails, dashboard mounting points and top threaded interfaces provide solid anchor points for camera gear, framing the vehicle as a mobile shooting platform. After trying high-position jib shooting, guests can scan a QR code to retrieve their photos or videos, extending the experience beyond the venue. In this way, partners’ professional expertise is translated into accessible, participatory lifestyle moments.

Indoor Ecosystem: Discovering Classics Through Senses and User Stories

Stepping into the indoor eco-exhibition hall, classic architectural elements blend with contemporary design to craft a brand space steeped in lifestyle atmosphere. The Classic Time Memory Zone exhibits music players, headphones and vintage lifestyle objects from different eras. The Ebony Noble fragrance fills the space with warm woody notes to enrich the sensory journey, and guests can interact with the AiMOGA robot for an up-close taste of future intelligent mobility. Classics are experienced through form, sound and scent, tying “Classic Never Fades” to timeless aesthetics.

【Users visiting and sharing the iCAUR indoor eco-exhibition】

This feeling extends further into tangible daily life. Lifestyle vignettes feature surfing, cycling and travel, while the personalized customization ecosystem zone displays exterior kits, body accessories and outdoor equipment, helping users match available options to their weekday routines and weekend getaways. The user co-creation story zone showcases owners’ custom ideas and experiences, explaining the thinking behind each design and how the vehicle fits into their lives. Real vehicles, practical gear and owner narratives complement one another, making the connection between classic design, technology and the ecosystem easy to grasp.

From On-Site Showcase to Long-Term Vision: Sustained Co-Creation Through Customization and Community

The rich variety of concepts shown at the event also maps to upcoming products and services. Ronna Luo, CEO of iCAUR International, shared that the three official customized vehicles are scheduled for launch no later than early 2027. Rollout will follow either KD (Knocked Down) assembly or dealer-fit kits, subject to local regulations and market conditions. Moving forward, every iCAUR showroom will host a dedicated customization zone. When new models launch, custom variants will be displayed alongside them to give users creative references and ready-to-choose options.

User exchange will also have lasting support. iCAUR has set up official user clubs across 9 markets; it will connect users in more countries via Club Connect in 2027. Insights gathered from these exchanges will feed back into product and experience upgrades. The brand’s first cohort of ambassadors was unveiled at the summit, and this framework will continue to recognize users who contribute to the brand and its community.

These arrangements create a pathway for creative concepts seen at the event to enter everyday use. They also shift users from passive spectators of custom builds into active participants in product and ecosystem development. This is the core meaning of “Classic Never Fades”: to uphold classic design while continuously responding to evolving lifestyle needs. It makes self-expression achievable, ensures real user voices are heard, and lets each vehicle accrue unique, user-owned value over years of use.

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

A photo accompanying this announcement is available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/4577d0b8-81ae-4b9e-a00d-3b46483c7d02

https://www.globenewswire.com/NewsRoom/AttachmentNg/174a8e49-6d4b-4c6b-a5d5-5c3efb8d178f

https://www.globenewswire.com/NewsRoom/AttachmentNg/32664bb8-c527-468f-8d6e-e3b7a2b1958b

https://www.globenewswire.com/NewsRoom/AttachmentNg/a9f17428-9c79-41f4-84a1-88a56937e051

https://www.globenewswire.com/NewsRoom/AttachmentNg/04e1e3ed-f307-473d-8410-88bece3c3dfc

SAN RAFAEL, Calif., Oct. 22, 2026 (GLOBE NEWSWIRE) — The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today declared a quarterly cash dividend of $0.48 per share on common stock outstanding to shareholders of record at the close of business November 2, 2026. The dividend is payable November 13, 2026.

Chairman, President and CEO David Payne stated, “This quarterly dividend recognizes Westamerica’s reliable earnings stream, financial strength and conservative risk profile.”

On October 15, 2026, Westamerica reported $28.2 million in net income for the three months ended September 30, 2026, or $1.22 diluted earnings per common share.

Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica Bank, operates banking and trust offices throughout Northern and Central California.

Westamerica Bancorporation Web Address: www.westamerica.com

For additional information contact:
Westamerica Bancorporation
1108 Fifth Avenue, San Rafael, CA 94901
Robert A. Thorson – Investor Relations Contact
707-863-6090
investments@westamerica.com

FORWARD-LOOKING INFORMATION:

The following appears in accordance with the Private Securities Litigation Reform Act of 1995:

This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”

Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors — many of which are beyond the Company’s control — could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. The Company’s most recent reports filed with the Securities and Exchange Commission, including the annual report for the year ended December 31, 2025 filed on Form 10-K and quarterly report for the quarter ended June 30, 2026 filed on Form 10-Q, describe some of these factors, including certain credit, interest rate, operational, liquidity and market risks associated with the Company’s business and operations. Other factors described in these reports include changes in business and economic conditions, competition, fiscal and monetary policies, disintermediation, cyber security risks, legislation including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Sarbanes-Oxley Act of 2002 and the Gramm-Leach-Bliley Act of 1999, and mergers and acquisitions.

Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.

Collaboration will connect ABB with pre-screened Lincoln Tech graduates to support long-term field service technician hiring needs.

Parsippany, NJ, Oct. 22, 2026 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for 80 years, today announced a workforce development partnership with ABB, a global technology leader in electrification and automation. Through the partnership, Lincoln Tech’s WorkforceLinc division will support ABB in building a recurring national pipeline of entry-level electrical and electronic technician candidates.

The partnership is focused on candidate sourcing, preliminary screening, and referral. WorkforceLinc will identify and engage students and recent graduates from Lincoln Tech’s Electrical and Electronic Systems Technology (EEST) programs, confirm foundational qualifications and employment interests, and refer aligned candidates to ABB for final interview and hiring consideration.

Lincoln Tech’s EEST programs provide hands-on instruction in electrical and electronic fundamentals, AC and DC theory, circuitry, schematic interpretation, introductory industrial systems, safety practices, and career readiness. Referred candidates will bring this foundational preparation to ABB, which will retain full discretion over hiring, onboarding, and role-specific training.

“Lincoln Tech has always been committed to connecting career-focused education with the real workforce needs of employers,” says Scott Shaw, Lincoln Tech’s President and CEO. “What makes this partnership unique is our ability to engage students from the moment they enter a Lincoln Tech campus through graduation and career placement. By combining our national recruiting infrastructure with the strength of our Electrical and Electronic Systems Technology programs, we can help ABB build a sustainable pipeline of emerging technical talent while creating meaningful career opportunities for our graduates.”

WorkforceLinc will leverage a national recruiting model that combines the efforts of campus leadership, instructors, career services teams, and a dedicated recruitment team operating regionally across Lincoln Tech’s network of 22 campuses. This structure enables ABB’s employment opportunities and employer message to be introduced throughout a student’s educational journey, beginning when the student first enters Lincoln Tech and continuing through graduation. Through multiple points of engagement, WorkforceLinc will build awareness of ABB career opportunities, identify qualified candidates early, and maintain a consistent pipeline of talent aligned with ABB’s hiring needs.

The collaboration is designed to create a repeatable, scalable technician pipeline capable of supporting ABB’s long-term workforce strategy. Through continuous recruiting engagement across Lincoln Tech’s campuses, WorkforceLinc will provide up to 120 vetted candidate referrals annually, aligned with ABB’s active hiring demand, geographic priorities, and workforce planning objectives. Candidate flow will be adjusted based on hiring forecasts and open positions to ensure referrals remain closely aligned with ABB’s operational needs.

“Building and leading a world-class service organization in the critical power industry requires a continuous investment in people, skills, and development,” says Ryan Baham, Country Service Manager, ABB Critical Power Service. “We are excited to partner with Lincoln Tech to help create a strong talent pipeline of future technicians and service professionals. This partnership reflects ABB’s commitment to developing the next generation of talent while providing students with meaningful career opportunities in a growing and highly specialized industry. We look forward to welcoming these future professionals to our team and supporting their long-term success.”

By connecting ABB with a recurring national pool of pre-screened Lincoln Tech graduates, the partnership will create stronger career pathways for emerging technicians while helping ABB maintain consistent access to entry-level electrical and electronic talent. The collaboration reflects both organizations’ commitment to strengthening the technical workforce and supporting long-term career opportunities for Lincoln Tech graduates.

###

About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in four principal areas of study: transportation, healthcare, skilled trades, and information technology. Lincoln has provided the workforce with skilled technicians since its inception in 1946.

Lincoln currently operates 23 campuses in 12 states under 3 brands: Lincoln College of Technology, Lincoln Technical Institute, and Nashville Auto-Diesel College.

For more information, go to lincolntech.edu.

About ABB

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering expertise and software to optimize how things are manufactured, moved, powered and operated. With more than 140 years of innovation, ABB helps industries achieve higher performance while becoming more efficient, productive, and sustainable.

For more information, visit www.abb.com.

CONTACT: Scott Watkins, VP Marketing
Lincoln Tech
973.766.9656 
Swatkins@lincolntech.edu

Powered by Paylocity’s Ignite AI, Recruiting Optimizer helps organizations improve recruiter productivity by 35%, fill roles faster by 25%, and reduce candidate drop-off by 15%.

SCHAUMBURG, Ill., Oct. 22, 2026 (GLOBE NEWSWIRE) — Paylocity (NASDAQ: PCTY), a leading provider of HCM, Finance, and IT solutions, today introduced Recruiting Optimizer, a new AI-powered solution that extends Paylocity Recruiting with AI agents embedded directly into recruiting workflows to automate the identification, engagement, and candidate hiring process while making recruiting teams more productive.

Rising applicant volumes make it harder for recruiting teams to identify qualified candidates, keep applicants engaged, and fully leverage existing talent pools. Recruiting Optimizer uses purpose-built AI agents to automate recruiting workflows across talent rediscovery, candidate engagement, screening, and interview scheduling. Recruiters maintain control by configuring the criteria, triggers, and decision points each agent follows, while reviewing outputs and exercising judgment at key stages of the hiring process. This allows routine tasks to be automated at scale, while keeping people in control of candidate evaluation and hiring decisions.

As part of Paylocity Ignite AI, Recruiting Optimizer introduces two agents:

• Candidate Engagement Agent delivers an always-on candidate experience that keeps applicants engaged from initial interest through hiring. Conversational AI, across web and SMS, helps candidates find and apply for relevant roles and complete predefined screening questions, while assisting with interview scheduling based on recruiter-defined criteria. By automating high-volume candidate interactions, organizations can reduce candidate drop-off, accelerate time-to-hire, and manage larger candidate pipelines without adding headcount.
• Talent Rediscovery Agent helps recruiters identify qualified candidates already in their talent pools by surfacing previous applicants who match current hiring needs and summarizing their prior application and interview activity for the recruiter’s review. By helping recruiters quickly reconnect with qualified candidates who have already expressed interest in the organization, it reduces sourcing effort and helps fill roles faster.

“Before implementing Paylocity’s latest recruiting tools, our recruiters spent a significant amount of time on administrative work, from scheduling interviews and screening candidates to managing follow-ups,” said Dale Jakins, HR Director, Tim Dahle Auto Group. “By automating much of that work, these new capabilities have helped us save approximately 5–8 hours per week, giving recruiters more time to identify top talent, build meaningful candidate relationships, and make faster, more informed hiring decisions.”

“Recruiting is filled with candidate interactions where delays can mean losing top candidates, extending time-to-fill, and putting additional strain on teams,” said Melissa King, SVP of Products & Technology at Paylocity. “Recruiting Optimizer helps organizations remove friction from the hiring process by embedding AI directly into recruiting workflows, helping recruiters be more productive while keeping them in control of hiring decisions.”

Woven into the flow of recruiting work, Recruiting Optimizer complements Paylocity Recruiting’s existing tools for sourcing, screening, interviewing, reporting, and extending offers. Through Paylocity’s unified platform, the solution connects recruiting with onboarding and the employee record, reducing duplicate entry and creating a more seamless transition from candidate to employee.

Learn more about Paylocity Recruiting at https://www.paylocity.com/products/hr/talent-management-system/recruiting/.

About Paylocity

Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of HCM, Finance, and IT software solutions. Paylocity offers one unified, easy-to-use platform that helps businesses across HR, Finance, and IT streamline operations, manage spend and talent, and build culture and connection—with AI embedded directly into everyday workflows to save time, reduce manual effort, and support better decisions. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com.

Contact:
Nicole Andergard Reddy
NReddy@Paylocity.com

Volta Finance Limited (VTA/VTAS)
Legal Entity Identification Code: 2138004N6QDNAZ2V3W80

Publication of the Annual Report and Audited Financial Statements
(the “Accounts”) for the financial year ended 31 July 2026

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION,
IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

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Guernsey, 22 October 2026

Volta Finance Limited has published its results for the financial year ended 31 July 2026. The 2026 Accounts are attached to this release and will be available on the Volta Finance Limited website (www.voltafinance.com).

An xHTML version will be made available on the FCA’s national storage mechanism (NSM) in due course.

For further information, please contact:

Company Secretary and Administrator
BNP Paribas S.A., Guernsey Branch
guernsey.bp2s.volta.cosec@bnpparibas.com 
+44 (0) 1481 750 850

Corporate Broker
Cavendish Securities plc
Andrew Worne
Daniel Balabanoff
+44 (0) 20 7397 8900

For the Investment Manager
BNP Paribas Asset Management Europe

Matthieu Laurence
matthieu.laurence@axa-im.com
+33 (0) 1 44 45 88 82

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ABOUT VOLTA FINANCE LIMITED

Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange’s Main Market for listed securities. Volta’s home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.

Volta’s Investment objectives are to preserve its capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis. The Company currently seeks to achieve its investment objectives by pursuing exposure predominantly to CLO’s and similar asset classes. A more diversified investment strategy across structured finance assets may be pursued opportunistically. The Company has appointed BNP Paribas Asset Management Europe an investment management company with a division specialised in structured credit, for the investment management of all its assets.

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This press release is published by BNP Paribas Asset Management Europe (“BNPP AM”), in its capacity as alternative investment fund manager (within the meaning of Directive 2011/61/EU, the “AIFM Directive”) of Volta Finance Limited (the “Volta Finance”) whose portfolio is managed by BNPP AM.

This press release is for information only and does not constitute an invitation or inducement to acquire shares in Volta Finance. Its circulation may be prohibited in certain jurisdictions and no recipient may circulate copies of this document in breach of such limitations or restrictions. This document is not an offer for sale of the securities referred to herein in the United States or to persons who are “U.S. persons” for purposes of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or otherwise in circumstances where such offer would be restricted by applicable law. Such securities may not be sold in the United States absent registration or an exemption from registration from the Securities Act. Volta Finance does not intend to register any portion of the offer of such securities in the United States or to conduct a public offering of such securities in the United States.

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This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). The securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Past performance cannot be relied on as a guide to future performance.

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This press release contains statements that are, or may deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes”, “anticipated”, “expects”, “intends”, “is/are expected”, “may”, “will” or “should”. They include the statements regarding the level of the dividend, the current market context and its impact on the long-term return of Volta Finance’s investments. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. Volta Finance’s actual results, portfolio composition and performance may differ materially from the impression created by the forward-looking statements. BNPP AM does not undertake any obligation to publicly update or revise forward-looking statements.

Any target information is based on certain assumptions as to future events which may not prove to be realised. Due to the uncertainty surrounding these future events, the targets are not intended to be and should not be regarded as profits or earnings or any other type of forecasts. There can be no assurance that any of these targets will be achieved. In addition, no assurance can be given that the investment objective will be achieved.

The figures provided that relate to past months or years and past performance cannot be relied on as a guide to future performance or construed as a reliable indicator as to future performance. Throughout this review, the citation of specific trades or strategies is intended to illustrate some of the investment methodologies and philosophies of Volta Finance, as implemented by BNPP AM. The historical success or BNPP AM’s belief in the future success, of any of these trades or strategies is not indicative of, and has no bearing on, future results.

The valuation of financial assets can vary significantly from the prices that the BNPP AM could obtain if it sought to liquidate the positions on behalf of the Volta Finance due to market conditions and general economic environment. Such valuations do not constitute a fairness or similar opinion and should not be regarded as such.

Editor: BNP PARIBAS ASSET MANAGEMENT Europe, a company incorporated under the laws of France, having its registered office located at 1 boulevard Haussmann – 75009 Paris, registered with the Paris Trade and Companies Register under number 319 378 832, and a Portfolio Management Company, holder of AMF approval no. GP 96002, issued on 19 April 1996.

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Attachment

• 2026.07.31 VFL – Annual Financial Report and Accounts Unsigned