Tag: PR Newswire

Their combined installations of over 10MW includes commercial solar and battery storage for farms, cold storage, freight, education, multi-family residences and faith-based organizations to name a few.

SAN DIEGO, Dec. 23, 2025 /PRNewswire/ — Stellar Solar Commercial, one of the most experienced residential and commercial solar and battery installers in Southern California and Michigan since 1998, and consistent winner of the San Diego Union Tribune Readers Poll in the category of Best Solar Company, recently completed a record year in their commercial solar division.

While the overall size of their installations was impressive, equally important was the fact that most of them included energy storage systems that enabled the commercial customers to save even more money and protect their businesses during power outages. The wide diversity of businesses that made up the total is equally impressive as it demonstrates how a variety of sectors are utilizing solar and battery storage.

Stellar Solar Commercial CEO Kent Harle elaborated on the importance of that diversity: “As the commercial solar industry grows, that growth includes many new industries realizing the viability of solar and energy storage has on improving their bottom line and offering unparalleled protection during outages. We work with executive management and facilities managers to craft energy solutions to meet the unique, individual needs of their business.

And while we take great pride in our multi-megawatt installations, we take equal satisfaction in smaller commercial jobs as well that help small and medium size businesses increase their profitability. With the addition of batteries to almost all of our solar installations, the return on investment becomes even more clear, making going solar a smart investment for most businesses. We are proud to be one of the first commercial solar installers in the country to introduce batteries to the mix and have since maintained that leadership position.”

Stellar Solar offers no-pressure commercial and residential solar and battery quotes for home and business owners interested in solar and battery storage to reduce energy costs and a steady power supply. Commercial solar quotes are also available for businesses, nonprofits, schools and faith-based organizations.

About Stellar Solar
Headquartered in Oceanside, California and Royal Oak, Michigan, Stellar Solar is a leading California and Michigan residential and commercial PV solar and battery storage design and installation company since 1998 with over 17,000+ installations across Southern California and Michigan including notable commercial installations on The Salk Institute, Cedars Sinai Hospital and more. Readers of the Union Tribune have consistently voted them best solar panel company and their 5 Star Reviews on Yelp, A+ rating with the Better Business Bureau are further testament to their standing as the leading residential and commercial solar, battery storage, and EV connectivity provider to homes, businesses, nonprofits and faith-based organizations in Southern California and Michigan. Learn more at www.stellarsolarcommercial.com www.stellarsolar.net www.stellarsolarmichigan.com

Media Contact:
David Boylan
858.395.6905
406789@email4pr.com

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SOURCE Stellar Solar Commercial

CALGARY, AB, Dec. 23, 2025 /PRNewswire/ – Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) (“Northstar” or the “Company“) is pleased to announce the completion of its first sale of liquid asphalt to McAsphalt Industries Ltd. (“McAsphalt“), a wholly owned subsidiary of Colas Canada Inc.

The sale marks an important milestone for Northstar and represents the first revenue-generating transaction for liquid asphalt produced from waste shingles at the Company’s newly constructed Empower Calgary Facility.

“McAsphalt has been instrumental through the planning, testing, construction and commissioning of the Empower Calgary Facility so completing our first shipment of liquid asphalt represents a significant commercial and operational milestone for Northstar, and our partnership with McAsphalt,” said Aidan Mills, President and CEO of Northstar. “This achievement marks yet another important step in the transition to profitable operations.”

“We are delighted to have collected our first shipment of liquid asphalt from the Empower Calgary Facility,” said David LeMay, President of McAsphalt Canada. “Having contributed to the development of the project, we are pleased to see the facility reach this milestone and look forward to receiving asphalt from steady state commercial production.”

Northstar continues to advance operations at the Empower Calgary Facility and expects to generate regular ongoing commercial sales in line with the McAsphalt offtake agreement starting in January 2026.

About Northstar

Northstar is a Canadian waste to value technology company focused on the sustainable recovery and reprocessing of asphalt shingles. Northstar developed and owns a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracts the liquid asphalt for use in new hot mix asphalt shingle manufacturing and asphalt flat roof systems while also extracting aggregate and fiber for use in construction products and other industrial applications. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale with its first commercial scale up facility in Calgary, Alberta. As an emerging innovator in sustainable processing, Northstar’s mission aims at leading the recovery and reprocessing of asphalt shingles in North America that would otherwise be sent to landfill addressing numerous stakeholder objectives.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on https://www.otcmarkets.com/. 

For further information about Northstar, please visit www.northstarcleantech.com.

On Behalf of the Board of Directors,
Aidan Mills
President & CEO, Director

Cautionary Statement on Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

This press release may contain forward‐looking information within the meaning of applicable securities legislation, which forward‐looking information reflects the Company’s current expectations regarding future events. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect”, “aim” or similar expressions. Forward-looking statements in this press release include statements concerning: (i) Northstar’s transition to profitable operations, (ii) McAsphalt’s expectation to receive steady-state commercial production from Northstar, (iii) Northstar’s view to have regular ongoing commercial sales in January 2026, and (iv) Northstar’s ability to become a leader in the recovery and reprocessing of asphalt shingles in North America. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including: risks related to factors beyond the control of the Company; inability of the Company to execute on its business plans; the Company may require additional financing which may not be obtainable or on favourable terms; economic uncertainty; and the risks and uncertainties which are more fully described under the heading “Risk Factors” in the Company’s annual and quarterly management’s discussion and analysis and other filings with the Canadian securities regulatory authorities under the Company’s profile on SEDAR+. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, expected or aimed. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. The Company does not intend, and do not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.

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SOURCE Northstar Clean Technologies Inc.

NEW YORK, Dec. 23, 2025 /PRNewswire/ — The latest winners of the MUSE Design Awards have just been announced, and Skydream — a global innovator in the RV industry — has stood out from the competition. Its next-gen new-energy smart travel trailer for off-grid travel, Space Camping, has been honored with the Platinum Award, the highest recognition of the program.

Established in 2015 by the International Awards Associate (IAA) in the United States, the MUSE Design Awards are renowned for their rigorous evaluation system and high standards of excellence. Today, they are recognized as one of the most prestigious and influential honors in the global design industry. Divided into three levels — Platinum, Gold, and Silver — the MUSE Design Awards honor excellence and innovation across the fields of creative design, advertising, and digital media worldwide. Space Camping’s Platinum Award signifies a resounding affirmation from global design authorities of its aesthetic vision and innovative excellence.

Design Vision: Redefining Freedom in Mobile Living

Despite being a massive, trillion-dollar global industry, the RV sector has been slow to adopt electrification and intelligent technologies, with limited product innovation overall. These challenges — ranging from energy dependence to complex operations — significantly limit the freedom of mobile living for users. Meanwhile, RV design has long been trapped in a rigid visual language, with countless models still echoing the outdated “white box” form — failing to resonate with today’s pursuit of personal expression and emotional freedom.

Freedom, in its truest form, transcends convention — it mirrors the infinite expanse of the universe. Guided by this vision, Skydream introduced its pioneering design philosophy: Interstellar Camping. The design team fused the rational order and technological aesthetics of spacecraft with the human warmth essential to mobile living — breaking through the formal and experiential boundaries of traditional RVs to create a mobile space that embodies both futuristic vision and the spirit of freedom.

Was it the space camping aesthetic that captivated the MUSE judges?

With flowing contours and a luminous pearl-white finish, Space Camping channels the elegance of spacecraft into a vision of the future. The lighting system reinforces the narrative theme: a continuous strip of cool white light and indicator lamps shift to a tranquil blue in smart mode, echoing the technological aura of space exploration. The taillights, crafted with an ice-crystal-like transparency, subtly reference the extreme cold and vacuum of outer space — deepening the storytelling embedded in the Space Camping design.

Echoing the space-travel aesthetic of its exterior design, the interior adopts a tri-color scheme, where white evokes the tangible form of the RV, black reflects the infinite expanse of space, and silver captures the motion of starlight. The main furnishings, ceiling light panels, and kitchen volumes appear to float within a cosmic void. Paired with dynamic lighting and shadows, they evoke a sense of spatial levitation — expressing the tension in postmodern design.

The next-gen RV: a complete reinvention of nomadic living

As a new species of RV envisioned for future nomadic life, Space Camping doesn’t stop at design. It redefines the journey with advanced energy systems and intelligent technologies that transform how we live on the move. Equipped with a high-efficiency solar charging system and a large-capacity battery pack, the ERV supports up to 14 days of off-grid living. As a self-powered travel trailer, its advanced all-scenario intelligent driving assistance system integrates driving support, automatic parking, and one-touch trailer hitching — greatly enhancing safety and ease of use. It also features the world-leading full-vehicle intelligent control system for RVs, enabling multimodal interaction through voice commands, mobile apps, and integrated control panels. This allows for seamless human-vehicle interaction and scenario-based smart management — freeing users’ hands and delivering a truly effortless, harmonious travel experience.

Skydream Space Camping is more than just an electric travel trailer — it is a mobile living vehicle that fuses space aesthetics, intelligent technology, and sustainable energy. It embodies Skydream’s groundbreaking exploration in the field of RV design. Building on this prototype, Skydream will launch a new-generation production model of its new-energy smart travel trailer next year. Set to debut in North America, it promises a mobile living experience defined by freedom, comfort, and imagination.

Discover More in Skydream:

https://www.youtube.com/watch?v=3h9s3rZA7Lc

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SOURCE Skydream

SHANGHAI, Dec. 23, 2025 /PRNewswire/ — A news report from english.shanghai.gov.cn

The 2025 Shanghai Foreign-Invested Enterprises ESG Report and Case Release Conference is held on Dec 16.

Multinational corporations based in Shanghai are stepping up environmental, social, and governance innovation through localized practice, supported by the city’s open business environment and clear policy framework.

The trend was highlighted at the 2025 Shanghai Foreign-Invested Enterprises ESG Report and Case Release Conference held on Dec 16.

The event showcased a range of ESG cases developed by foreign-invested companies operating in Shanghai, covering areas such as the circular economy, climate action, and public welfare.

In the circular economy sector, cross-industry collaboration is helping build greener material loops. Saudi Arabian chemicals manufacturer SABIC, for instance, has applied its chemically recycled plastics, developed through its China-based cooperation, to a basketball court renovation program, in collaboration with sports flooring supplier Enlio.

In the climate and resource management field, several multinational companies have achieved measurable progress through technological innovation and localized cooperation. One of these companies is Nestle China, which is reducing emissions through precision feeding and improved manure management, while working with 36 farms across the country to advance more sustainable agricultural practices.

In the area of safety and public welfare, foreign enterprises are increasingly focusing on long-term, locally embedded programs. For example, Volvo’s Little Red Horse Safety Education Program, implemented in partnership with the Shanghai Public Service Foundation for Volunteers, reached more than 5,000 children at 41 schools in Shanghai in 2024, aiming to reduce traffic accidents involving children.

The program has also attracted participation from international teams through related training activities in China.

To further strengthen ESG development, the Shanghai Municipal Commission of Commerce released a three-year action plan in February 2024 for 2024-2026, aimed at enhancing the ESG capabilities of foreign-related enterprises and building a collaborative ESG ecosystem by 2026.

Industry data show that more than 90 percent of the 41 ESG reports collected from foreign-invested enterprises in Shanghai this year incorporate China-specific practices, indicating that localized ESG innovation has become a common approach among multinationals operating in the city.

 

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SOURCE english.shanghai.gov.cn

SHANGHAI, Dec. 23, 2025 /PRNewswire/ — A news report from english.shanghai.gov.cn

The 2025 Shanghai Foreign-Invested Enterprises ESG Report and Case Release Conference is held on Dec 16.

Multinational corporations based in Shanghai are stepping up environmental, social, and governance innovation through localized practice, supported by the city’s open business environment and clear policy framework.

The trend was highlighted at the 2025 Shanghai Foreign-Invested Enterprises ESG Report and Case Release Conference held on Dec 16.

The event showcased a range of ESG cases developed by foreign-invested companies operating in Shanghai, covering areas such as the circular economy, climate action, and public welfare.

In the circular economy sector, cross-industry collaboration is helping build greener material loops. Saudi Arabian chemicals manufacturer SABIC, for instance, has applied its chemically recycled plastics, developed through its China-based cooperation, to a basketball court renovation program, in collaboration with sports flooring supplier Enlio.

In the climate and resource management field, several multinational companies have achieved measurable progress through technological innovation and localized cooperation. One of these companies is Nestle China, which is reducing emissions through precision feeding and improved manure management, while working with 36 farms across the country to advance more sustainable agricultural practices.

In the area of safety and public welfare, foreign enterprises are increasingly focusing on long-term, locally embedded programs. For example, Volvo’s Little Red Horse Safety Education Program, implemented in partnership with the Shanghai Public Service Foundation for Volunteers, reached more than 5,000 children at 41 schools in Shanghai in 2024, aiming to reduce traffic accidents involving children.

The program has also attracted participation from international teams through related training activities in China.

To further strengthen ESG development, the Shanghai Municipal Commission of Commerce released a three-year action plan in February 2024 for 2024-2026, aimed at enhancing the ESG capabilities of foreign-related enterprises and building a collaborative ESG ecosystem by 2026.

Industry data show that more than 90 percent of the 41 ESG reports collected from foreign-invested enterprises in Shanghai this year incorporate China-specific practices, indicating that localized ESG innovation has become a common approach among multinationals operating in the city.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/shanghai-based-mncs-step-up-esg-innovation-302648593.html

SOURCE english.shanghai.gov.cn

PARIS, Dec. 23, 2025 /PRNewswire/ — BOE recently participated in two signature UNESCO events in Paris and Namibia, demonstrating its leading-edge concepts and ecosystem building capacity in global science governance and STEM education innovation. BOE is the first Chinese technology company to endorse the United Nations International Decade of Sciences for Sustainable Development, 2024-2033.

Dialogue in Paris: contributing foresight on global science governance

As the sole industry representative from China, Si Da, Vice President and Chief Brand Officer of BOE, spoke at the Futures Workshop themed “Shaping the Futures of Science: The role of the International Decade of Sciences for Sustainable Development, 2024-2033,” a parallel session of World Futures Day at UNESCO’s Headquarters in Paris on December 2. This session focused on reimagining the impact of science over the next 25 years and the pivotal role of the International Decade in shaping the future of science. It was widely agreed among participants that the key to scientific advances lies in translating long-term vision into sustainable strategies and actions.

Si Da pointed out that to achieve the objectives of the International Decade, it is essential to “turn foresight into long-term, sustainable strategic investment and embed corporate social responsibility into an organization’s innovation DNA.” BOE is building an integrated sustainability framework of “organization, strategy, and brand.” Its sustainability practices range from conducting educational charity initiatives to building net-zero factories to leveraging digital technology to support cultural preservation.

Initiative in Namibia: supporting UNESCO Science Clubs Network to catalyze innovation across Africa

Following the “Windows to STEM” initiative in Kenya, BOE and UNESCO are taking cooperation further. On December 5, BOE supported UNESCO in the launch of the African science clubs participating in the UNESCO Science Clubs Network in Namibia. The goal is to connect science clubs across Africa to create an open, collaborative innovation community that shares resources, thus continually inspiring younger generations to explore science. This is a key practice in advancing the International Decade’s goal of inclusive science.

In an effort to boost regional vitality, BOE is partnering with UNESCO to launch the Science Club Challenge 2026. As the initiative’s exclusive sponsor, BOE will provide winners with smart learning devices such as tablets powered by its green technology. These efforts demonstrate BOE’s steadfast support for Africa’s innovation ecosystem as a longstanding partner, and also vividly embody the concept of its sustainability brand “Open Next Earth” (ONE).

From the dialogue in Paris to ecosystem building in Africa, BOE illustrates a clear pathway to global sustainable engagement as a tech company – contributing foresight to global governance while empowering regional innovation through concrete action. BOE remains committed to working alongside UNESCO and other global partners to build a more inclusive and sustainable future.

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SOURCE BOE Technology Group Co., Ltd.

MUNICH, Dec. 23, 2025 /PRNewswire/ — JA Solar, a trusted global partner in green energy, hosted a new edition of its Power Talk webinar series, spotlighting one of Europe’s most iconic solar energy projects: the photovoltaic installation at SIGNAL IDUNA PARK, home of Borussia Dortmund.

Certified by RID as the world’s most powerful PV system on a stadium roof, the project marks a milestone in integrating PV technology into large-scale urban infrastructure. More than 11,000 JA Solar full-black modules now cover the stadium rooftop, producing over 4 GWh of clean electricity annually and cutting CO₂ emissions by around 1,700 tons annually. The installation demonstrates how high-performance PV solutions can be deployed on landmark venues while meeting stringent architectural, safety, and operational requirements.

Webinar speakers traced the project’s journey from concept to commissioning, underscoring the importance of early feasibility studies, long-term planning, and close stakeholder collaboration. They highlighted logistical and technical challenges of working at one of Europe’s busiest stadiums, where construction had to align with a packed calendar of sporting and non-sporting events, strict safety standards, and variable weather conditions.

Beyond energy generation, the installation stands as a powerful sustainability statement. With millions of visitors and viewers each year, SIGNAL IDUNA PARK offers unmatched visibility to showcase the energy transition and demonstrate how professional sports can actively support climate goals.

For JA Solar, the project is a flagship reference in delivering PV solutions for complex, high-profile environments. It illustrates the company’s ability to ensure reliable product supply and high-performance modules for demanding applications, opening new opportunities for PV integration across public infrastructure and sports venues in Europe and beyond.

The webinar featured insights from Petra Zelenická, Head of Marketing and Market Research Europe at JA Solar; Florian Demnitz, Energy Manager at Borussia Dortmund; and Christoph Kielhorn, Project Lead PMO Battery Development at RWE. The session was moderated by Gianluca Michieletto, Marketing and Social Media Manager at JA Solar.

About JA Solar

Founded in 2005, JA Solar is a global leader in PV power generation solutions, with a vertically integrated business spanning wafers, cells, modules, and energy storage. With 16 overseas subsidiaries, the company serves customers in 180 countries and regions. As of Q3 2025, JA Solar’s cumulative cell and module shipments total nearly 317 GW, supported by more than 2,000 patents and a robust global network.

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SOURCE JA Solar Technology Co., Ltd.

Reiterates Call for Shareholders to Demand Reinstatement of Mike Doss

NEW YORK, Dec. 22, 2025 /PRNewswire/ — Eminence Capital, LP (“Eminence”), a private investment firm that beneficially owns approximately 4.2% of Graphic Packaging Holding Company (NYSE: GPK) (“GPK” or the “Company”), today sent an open letter to GPK’s Shareholders in response to what it believes is a factually inaccurate and misleading letter the Board wrote on December 19, 2025, to justify the replacement of CEO Mike Doss with Robbert Rietbroek.

Eminence finds the Board’s December 19 letter to be a disingenuous, wholly inadequate attempt to legitimize a rushed and fundamentally flawed leadership transition process that replaced the CEO whose strategic decisions left GPK better positioned than ever.  Eminence believes the Board is using Mike Doss as a scapegoat.  Eminence asserts that Robbert Rietbroek has a pattern of leaving his employers in a worse place than when he inherited them and whose sole experience as a public company CEO was marred by failure.

The full text of the letter is below.

December 22, 2025

To the Shareholders of Graphic Packaging Holding Company,     

Graphic Packaging Holding Company (“GPK” or the “Company”) shareholders should not be fooled by the factually inaccurate and misleading letter the independent directors of GPK (including Phil Martens) filed on Friday evening, December 19, 2025, to justify the replacement of Mike Doss with Robbert Rietbroek.  We are writing to directly address the Board’s letter so shareholders know the facts and understand the kind of Board they are dealing with – disingenuous, uninformed and wholly inadequate.

The Board’s letter to shareholders states: “However, we recognize that our recent performance has not met expectations, as reflected by the nearly 50% decline in our share price over the past year. While external factors such as macroeconomic headwinds and industry-wide shifts have played a role, the Board has the responsibility to understand those dynamics and oversee the process to ensure that decisive actions are taken to restore value and deliver on our Vision 2030 goals. The decline in stock price, among others, was a clear signal that meaningful change was required.” 

This statement perfectly encapsulates the fundamental problem with the Board: They don’t understand the Company or the industry, and they are using Doss as a scapegoat.   Any reasonable industry observer knows that the stock’s year-to-date performance is a result of industry oversupply and not a result of mis-execution. The macroeconomic headwinds and industry-wide shifts haven’t just “played a role” – they tell the story. It should come as no surprise to shareholders that the Board fails to understand this: following Dean Scarborough’s abrupt departure in August, there are no GPK directors (other than Doss) with any packaging experience.  For the Board to cast blame for the stock price performance on Doss is preposterous and only serves to damage their credibility as stewards of your capital.

With Doss, GPK had never been better positioned competitively despite the tough industry backdrop. In fact, the Board agreed with this view as recently as one month ago as an investor presentation from November 2025 states: “Graphic Packaging has the assets, the capabilities, and the team needed to achieve Vision 2030 goals, and to generate cash well in excess of reinvestment needs.” What could have possibly changed so dramatically in one month?

Under Doss’s watch, GPK has built the most cost-effective manufacturing footprint in the industry in Kalamazoo and Waco.  The Company exited the Augusta mill at a heroic price in 2024, acquired AR Packaging to build out a European converting footprint and increased vertical integration in the US with several tuck-in acquisitions. GPK has never been better positioned as a result of the strategic decisions made by Doss. In 2026, the Company is forecasting over $2.25 in free cash flow per share at the trough of the cycle while the competition is feeling severe pain: Clearwater Paper is burning cash, Smurfit WestRock is not earning its cost of capital in the acquired Westrock consumer business, according to GPK Investor Relations, and Sappi has suspended its dividend and been issued a leverage warning. Yes, the industry has its challenges at the moment, but as the industry’s low-cost producer GPK can stay the course and focus on superior execution while this oversupply situation is sorted out.

We find it curious that Chairman Phil Martens never mentioned the stock price decline as a reason for Doss’s exit in our December 12^th call with him, and that the Company had not previously made it part of their public messaging to shareholders.  Why now, only after the Board is under attack for this decision, is stock price part of the Board’s narrative?

This statement also raises the question: what stock price decline would the Board tolerate before making a major decision to replace a respected 35-year company veteran as CEO? The stock was only down -18% year-to-date at the end of August and then began a steady decline in September and October to near current levels.  When did the Board even begin to discuss whether it should take “decisive actions… to restore value and deliver on our Vision 2030 goals?” When exactly was “the decline in stock price…a clear signal that meaningful change was required?”  How could the Board have conducted a thorough CEO search process – which, at a minimum, should have included engaging a search firm to do an extensive search, conducting first-round interviews with a large sample of candidates, narrowing down the field through further interview rounds (including a broader subset of the Board), engaging in deep background and reference checking, performing psychometric testing, and deliberating on the impacts to Company culture and morale – all within such a short timeframe, IF the stock hadn’t fallen to that nearly 50% level until the end of October?

In short, the Board’s after-the-fact justification is a transparent attempt to add a veneer of credibility to what appears to be a rushed and manipulated process with a predetermined outcome.  That is why we made a Section 220 demand for books and records regarding the process that culminated in the Board’s replacement of Doss with Rietbroek to understand whether—as we strongly suspect—the Board’s process lacked the level of substance and rigor such a momentous decision demands and whether the Board was motivated in making its rushed decision by concerns other than the best interests of the Company and its shareholders.

The Board’s letter also states: “Under Robbert’s leadership, Quaker Foods North America, a reported sector of PepsiCo, achieved significant volume and revenue growth over his five-year tenure.

We have reviewed the PepsiCo filings and note that volume definitively did not grow over Rietbroek’s five-year tenure at Quaker – it actually significantly declined, even though Rietbroek inherited a re-based margin structure thereby allowing proper growth investments and was the beneficiary of a Covid bump. In addition, just one month after Rietbroek announced he was leaving Quaker to join Primo Water as CEO, Quaker announced the largest product recall in its history that caused significant pressure on the segment’s financial results in the following year including massive drops in revenue, organic growth, and volume.

The Board’s letter further states: “During his tenure as CEO of Primo Water and Primo Brands, the company grew volume, market share and earnings, improved EBITDA margins and earned recognition as one of America’s Greenest Companies by Newsweek.”

These comments are entirely misleading since the growth in volume, market share, earnings and EBITDA margins were largely driven by a transformational acquisition. That same acquisition has been an unmitigated disaster which has caused a more than 50% decline in PRMB’s stock, led to the filing of numerous class action lawsuits and resulted in Rietbroek’s firing from that company.

Despite the Board’s attempt at framing Rietbroek’s prior experience as positive, one fact is clear and unavoidable: there is a pattern of him leaving his employers in a worse place than when he inherited them.

Unfortunately for shareholders, the directors are not willing to admit their critical mistake and would prefer to double-down on their disastrous decision to replace Doss with Rietbroek by making disingenuous and misleading statements.  Shareholders deserve better.

Over the last several weeks, we have heard from many shareholders, former employees, former Board members and other industry constituents.  Not one of them thinks replacing Doss with Rietbroek is the right decision.  It is our understanding that senior leadership inside the Company has expressed deep concern with the CEO transitions.  In fact, the ONLY people we know that think this is the right decision is this weak, misguided and poorly-advised Board.

We, the shareholders, will ultimately bear the costs of the Board’s mistake. The Board (excluding Doss) has no real skin in the game, collectively owning less than 500,000 shares in the Company, yet is making highly disruptive C-suite changes that will dramatically impact the future of this great company in a negative manner. 

All shareholders should immediately demand the Board reinstate Doss as CEO before any long-term damage occurs to GPK.  We urge shareholders who are similarly concerned about the CEO transition and the actions of this Board to make their voices heard.

Sincerely, 

Ricky Sandler
CEO and CIO

About Eminence Capital, LP
Eminence is a global asset management firm founded in 1999 that currently manages approximately $7.4 billion. Eminence’s investment approach is anchored in bottom up fundamental research seeking to identify “quality value” investment opportunities.

Disclaimer
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any state to any person. In addition, the discussions and opinions in this press release and the material contained herein are for general information only, and are not intended to provide investment advice. All statements contained in this press release that are not clearly historical in nature or that necessarily depend on future events are “forward-looking statements,” which are not guarantees of future performance or results, and the words “anticipate,” “believe,” “expect,” “potential,” “should,” “could,” “threatens,” “estimate,” and similar expressions are generally intended to identify forward-looking statements. The statements contained in this press release and the material contained herein that are not historical facts are based on current expectations, speak only as of the date of this press release and involve risks that may cause the actual results to be materially different. Accordingly, any analyses should also not be viewed as factual and also should not be relied upon as an accurate prediction of future results. Eminence disclaims any obligation to update the information herein and reserves the right to change any of its opinions expressed herein at any time as it deems appropriate.

Media Contacts
Jonathan Gasthalter/Nathaniel Garnick
Gasthalter & Co.
+1 (212) 257-4170

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SOURCE Eminence Capital, LP

Foundation to build a sustainable funding source to support its mission in perpetuity

CARLSBAD, Calif., Dec. 22, 2025 /PRNewswire/ — NAMM (The National Association of Music Merchants), the largest global non-profit music trade organization, and the NAMM Foundation have announced the creation of an initial endowment of $10 million, made possible by NAMM’s decade of contributions, investment growth, and a transformative $2 million bequest from music advocate Margaret Darby. The combination of these funds have created The NAMM Foundation’s new board-designated endowment, which is a first step toward long-term stability while making a consistent global impact on the music community at large.

“This endowment initiative establishes perpetual support for The NAMM Foundation’s enduring impact supporting music making at every level and in every community,” said John Mlynczak, NAMM president and CEO. “This historical achievement is made possible by the generous support of those who came before us, and we will grow this fund to ensure that those who come after us continue to benefit.”

“The time is right to establish an endowment that will support our vision for the future of the Foundation,” said Julia Rubio, Executive Director of The NAMM Foundation. “We are creating a sustainable financial anchor for the work we are entrusted to do. Margaret Darby’s incredible bequest of $2 million makes an immediate impact and gestures such as hers, ensures that The NAMM Foundation remains a steady pillar for generations to come.” 

NAMM and The NAMM Foundation share a global goal to grow this fund into a fully sustainable endowment which will help fund global grantmaking and other NAMM Foundation programs that give back to the music products industry. The NAMM Foundation will continue to thrive with support from NAMM and NAMM members, as well as secure donations for this new endowment.

To learn more or contribute to The NAMM Foundation, please visit www.nammfoundation.org.

About The NAMM Foundation
Since 2006, The NAMM Foundation has been guided by its commitment to social responsibility in its efforts to create more music makers worldwide. Inspired by the generosity of the music products industry, The National Association of Music Merchants launched this philanthropic arm to serve its mission of strengthening the music products industry and promoting the pleasures and benefits of making music.

About NAMM
The National Association of Music Merchants (NAMM) is the not-for-profit association with a mission to strengthen the $19.5 billion music products industry. NAMM is comprised of 10,000 global member companies and individual professionals with a global workforce of over 475,000 employees. NAMM events and members fund The NAMM Foundation’s efforts to promote the pleasures and benefits of music and advance active participation in music-making across the lifespan. For more information about NAMM, please visit www.namm.org.

Media Contacts 
NAMM Communications – John Dolak, Director 
johnd@namm.org 
619.735.4028

The Lippin Group for NAMM 
namm@lippingroup.com 
201.317.6618 

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SOURCE NAMM (National Association of Music Merchants)

Celebrating 20 years in Tournament of the Roses^®, the entry highlights how integrated care and coverage and dedicated care teams uniquely support members’ health journeys.

PASADENA, Calif., Dec. 22, 2025 /PRNewswire/ — Kaiser Permanente has announced the theme for its 2026 Rose Parade^® float: “A Better Idea for Health Care.”

The theme reflects Kaiser Permanente’s integrated approach — where every part of health care, from doctors and nurses to insurance and pharmacies, works together as one coordinated team.

Kaiser Permanente’s 20th annual float entry embodies the 2026 Rose Parade presented by Honda theme, “The Magic in Teamwork,” by bringing to life the care experience within Kaiser Permanente’s integrated care and coverage model. The float depicts a journey that begins in a medical office and continues through the support of a coordinated care team — including doctors, nurses, and other health professionals.

Each element of the float will highlight how Kaiser Permanente’s team-based approach surrounds its members with seamless, compassionate care every step of the way.

“Kaiser Permanente was founded on a better idea for health care to deliver personalized, seamless, and integrated experiences that focus on the whole person and keep communities healthy,” said Greg A. Adams, chair and chief executive officer, Kaiser Permanente. “Our integrated care and coverage model is built on teamwork and stands on our 80-year history of bringing together doctors, nurses, pharmacists, and care teams to deliver high-quality, compassionate care and service. Together, we will continue to improve health for the members, patients, and communities we have the honor of serving.”

The float also highlights innovation, research, and technology as drivers for better health outcomes. For example, an animated MRI machine symbolizes early detection through advanced imaging.

Surrounding these elements are vibrant floral displays that represent vitality and warmth. Together, they reflect Kaiser Permanente’s integrated care approach, where innovation, compassion, and teamwork come together to support health and well-being.

Kaiser Permanente members, employees, and physicians will ride on and walk alongside the float. Each person represents an inspiring story of how teamwork supports and transforms health journeys.

Float designer and builder

“A Better Idea for Health Care,” Kaiser Permanente’s 20th Rose Parade entry, will be designed and built by Phoenix Decorating Company.

Kaiser Permanente Rose Parade history and background

Kaiser Permanente’s past float entries have received numerous awards, including:

• Wrigley Legacy Award in 2025 for most outstanding display of floral presentation, float design, and entertainment
• President Award in 2024 for most outstanding use and presentation of flowers
• Theme Award in 2022 for most outstanding presentation of the Rose Parade theme
• Wrigley Legacy Award in 2020 for most outstanding display of floral presentation, float design, and entertainment
• Grand Marshal’s Trophy in 2016
• Judges’ Special Trophy in 2015 for the most spectacular in showmanship and dramatic impact
• Theme Trophy in 2013 for excellence in presenting the parade theme
• Lathrop K. Leishman Trophy in 2012 and 2014 for the most beautiful float entry from a noncommercial sponsor
• Director’s Trophy in 2006, 2008 and 2011 for most artistic merit in design and floral presentation
• Extraordinaire Trophy in 2010 for the “most spectacular” float longer than 55 feet
• Tournament Special Trophy in 2009 for exceptional merit in multiple classifications
• President’s Trophy in 2007 for most effective floral use and presentation

For additional information about the 2026 Rose Parade, visit the Tournament of Roses website.

For more information about Kaiser Permanente’s 2026 Rose Parade float, follow Kaiser Permanente on Facebook and Instagram.

About the Pasadena Tournament of Roses^® and Rose Parade^® presented by Honda

The Pasadena Tournament of Roses® is a volunteer organization that hosts America’s New Year Celebration^® with the Rose Parade^® presented by Honda, the Rose Bowl Game^® presented by Prudential and a variety of accompanying events. The Association’s 935 Members supply more than 80,000 volunteer hours, which will drive the success of the 137th Rose Parade, themed “The Magic in Teamwork” on Thursday, January 1, 2026, followed by the College Football Playoff Quarterfinal at the 112th Rose Bowl Game presented by Prudential. Visit www.tournamentofroses.com, like the Rose Parade on Facebook, follow Rose Parade on Instagram, or subscribe to Tournament of Roses on YouTube.

About Kaiser Permanente

Kaiser Permanente is committed to helping shape the future of health care. We are recognized as one of America’s leading health care providers and nonprofit health plans. Founded in 1945, Kaiser Permanente has a mission to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve. We currently serve 12.6 million members in 8 states and the District of Columbia. Care for members and patients is focused on their total health and guided by their personal Permanente Medical Group physicians, specialists, and team of caregivers. Our expert and caring medical teams are empowered and supported by industry-leading technology advances and tools for health promotion, disease prevention, state-of-the-art care delivery, and world-class chronic disease management. Kaiser Permanente is dedicated to care innovations, clinical research, health education, and the support of community health. 

Contact: Rebecca Epps
Rebecca.C.Epps@kp.org

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SOURCE Kaiser Permanente