Tag: PR Newswire

PHILADELPHIA, April 30, 2025 /PRNewswire/ —

FMC Corporation (NYSE: FMC) announced today that its board of directors declared a regular quarterly dividend of 58 cents per share, payable on July 17, 2025, to shareholders of record as of the close of business on June 30, 2025.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC’s innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn^®.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are “forward-looking” and provide other than historical information, including statements contained in this press release, in FMC’s other filings with the SEC, and in presentations, reports or letters to FMC stockholders.

In some cases, FMC has identified these forward-looking statements by such words or phrases as “outlook”, “will likely result,” “is confident that,” “expect,” “expects,” “should,” “could,” “may,” “will continue to,” “believe,” “believes,” “anticipates,” “predicts,” “forecasts,” “estimates,” “projects,” “potential,” “intends” or similar expressions identifying “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (the “2024 Form 10-K”), the section captioned “Forward-Looking Information” in Part II of the 2024 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission (“SEC”). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. 

We specifically decline to undertake any obligation, and specifically disclaims any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.

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SOURCE FMC Corporation

Infinum recently welcomed media representatives to its Empathy Lab, offering a firsthand look at the digital accessibility challenges people with disabilities face every day.

ZAGREB, Croatia, April 30, 2025 /PRNewswire/ — Leading tech consultancy Infinum held its second Empathy Lab on April 15 at its Zagreb office, this time inviting media representatives to experience the digital accessibility challenges faced by individuals with disabilities.

The Empathy Lab, designed as a series of accessibility tasks, comprises simple exercises on mobile and desktop devices, with accessibility settings turned on.

This provided everyone with firsthand experience in navigating digital environments using accessibility features and demonstrated the importance of designing digital experiences that are inclusive, intuitive, and accessible to all users.

“Disability in itself doesn’t prevent people from participating in everyday life. What limits them are the barriers society puts in their way — including in the digital world. It’s our responsibility to remove those barriers. After all, accessibility improves the user experience for everyone — for example, sufficient contrast between text and background doesn’t just help people with visual impairments, but also anyone trying to read content in bright sunlight,” said Ana Šekerija, Project Owner and Leader of Infinum’s Accessibility Initiative.

The Empathy Lab returned this year with renewed urgency as the European Accessibility Act (EAA) is set to become national law on June 28, 2025. The new law will require digital products and services like websites, mobile apps, e-commerce platforms, and ATMs to meet accessibility standards.

According to Josip Bišćan, Chief Client Officer at Infinum, the company began focusing on accessibility in 2021 through projects, internal training, and by developing its own guidelines.

“That’s why it felt completely natural for us to turn that initiative into a standalone service — which we did last year. In addition to our existing clients, we also worked with many new, global clients who were improving the accessibility of their digital products for various reasons—from complying with legal regulations and enhancing user experience to strengthening their brand’s image as socially responsible.”.

To learn more about the Empathy Lab and its overall goals, visit https://infinum.com/accessibility/.

About Infinum

Infinum is an independent tech consultancy that partners with leading global brands and world-renowned enterprises to deliver innovative digital solutions for an array of industries, including finance, healthcare, and automotive. Founded in 2005, Infinum’s work is used by millions around the world and has received numerous industry awards, including Red Dot and iF Design Award. Employing over 370 professionals, the company operates from eight offices across the US and Europe.

Media Contact
Bojan Bajić
VP of Marketing
+1 (917) 838 2194
press@infinum.com
https://infinum.com/ 

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SOURCE Infinum

OSLO, Norway, April 30, 2025 /PRNewswire/ — The annual general meeting of Elkem ASA was held on 30 April 2025 in Oslo. All proposals on the agenda were adopted, cf. the notice of the annual general meeting that was sent to the Oslo Stock Exchange on 8 April 2025.

The minutes of the annual general meeting is attached and available on www.elkem.com.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com 

About Elkem:
Elkem is one of the world’s leading providers of advanced silicon-based materials shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,200 people has a joint commitment to stakeholders: Delivering your potential. In 2024, Elkem achieved an operating income of NOK 33 billion. Elkem has been awarded top score of A on Forests and Water Security, and B on Climate Change from CDP. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where the company is also included in the ESG Index. www.elkem.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/elkem/r/elkem-asa—minutes-from-the-annual-general-meeting-2025,c4143512

The following files are available for download:

 

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SOURCE Elkem

Report showcases YOFC’s efforts to align cutting-edge fibre technology with global sustainability goals, ethical governance, and long-term stakeholder value

WUHAN, China, April 30, 2025 On April 29, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) released its 2024 Environmental, Social, and Governance (ESG) Report, outlining the company’s strategic initiatives and key achievements in sustainability over the past year. Since joining the United Nations Global Compact in May 2021, YOFC has consistently aligned its growth strategy with global sustainability goals. The company actively supports the United Nations Sustainable Development Goals (SDGs) and demonstrates its commitment to sustainability by driving industry advancement, protecting the natural environment, and maintaining high ethical standards. YOFC remains focused on contributing to the long-term success of the global communications industry while partnering across sectors to advance a shared sustainability vision.

In the area of corporate governance, YOFC remains committed to delivering long-term value to stakeholders through continuous improvements to its governance framework and adherence to high standards of ethics and compliance. Currently, YOFC is actively undertaking a double materiality assessment, evaluating both the impact materiality and financial materiality of ESG issues, to fully and effectively respond to stakeholder concerns and expectations. In 2024, YOFC further enhanced its ethical standards by embedding integrity into its core values and introducing a new Employee Code of Business Conduct, as well as a Code of Business Conduct for Third Parties, reinforcing its position as a responsible corporate citizen committed to building a sustainable operating environment.

As part of its environmental stewardship efforts, YOFC continued to execute its green strategy, prioritizing sustainable operations, energy-efficient facilities, and environmentally responsible products. To address climate and environmental risks, the company implemented initiatives across product design, raw material sourcing, logistics, and operations that emphasize energy efficiency, emissions reduction, and circular economy practices. In 2024, YOFC actively participated in renewable energy purchasing across both domestic and international markets. The company expanded its distributed photovoltaic capacity by approximately 15.6 megawatts and adopted recyclable, environmentally friendly packaging, enabling the reuse of approximately 350,000 fibre reels over the course of the year. YOFC also recorded a total carbon reduction of approximately 24,291 tonnes and achieved a 3.78% year-over-year decline in greenhouse gas emissions per 10,000 RMB of output value. 

As of the end of 2024, the company held more than 1,900 active and valid patents across domestic and international markets. Among its key innovations, YOFC’s ultra-low-loss hollow-core optical fibre has played a leading role in pushing the boundaries of technological advancement within the sector. Alongside its industry leadership, YOFC continues to invest in its people, recognizing employee development as critical to its long-term success. In 2024, the company launched a range of employee engagement and welfare initiatives across its facilities in Peru, Mexico, the Philippines, Indonesia, and Poland. These programs are designed to enhance internal communication and personal development, build workforce capability, support local talent, and contribute to broader social progress.

Looking ahead, YOFC will continue to support the ten principles of the United Nations Global Compact, actively reinforcing its core values of “Customer Focus, Accountability, Integrity, Innovation, and Shared Success.” The company will further advance its strategic priorities in the areas of Responsible Management, Smart Connectivity, Green Development, and Harmonious Coexistence. Through meaningful action and cross-sector collaboration, YOFC is committed to shaping a more sustainable future.

For more info, please visit https://en.yofc.com/.

 

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SOURCE YOFC

Report showcases YOFC’s efforts to align cutting-edge fibre technology with global sustainability goals, ethical governance, and long-term stakeholder value

WUHAN, China, April 30, 2025 /PRNewswire/ — On April 29, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) released its 2024 Environmental, Social, and Governance (ESG) Report, outlining the company’s strategic initiatives and key achievements in sustainability over the past year. Since joining the United Nations Global Compact in May 2021, YOFC has consistently aligned its growth strategy with global sustainability goals. The company actively supports the United Nations Sustainable Development Goals (SDGs) and demonstrates its commitment to sustainability by driving industry advancement, protecting the natural environment, and maintaining high ethical standards. YOFC remains focused on contributing to the long-term success of the global communications industry while partnering across sectors to advance a shared sustainability vision.

In the area of corporate governance, YOFC remains committed to delivering long-term value to stakeholders through continuous improvements to its governance framework and adherence to high standards of ethics and compliance. Currently, YOFC is actively undertaking a double materiality assessment, evaluating both the impact materiality and financial materiality of ESG issues, to fully and effectively respond to stakeholder concerns and expectations. In 2024, YOFC further enhanced its ethical standards by embedding integrity into its core values and introducing a new Employee Code of Business Conduct, as well as a Code of Business Conduct for Third Parties, reinforcing its position as a responsible corporate citizen committed to building a sustainable operating environment.

As part of its environmental stewardship efforts, YOFC continued to execute its green strategy, prioritizing sustainable operations, energy-efficient facilities, and environmentally responsible products. To address climate and environmental risks, the company implemented initiatives across product design, raw material sourcing, logistics, and operations that emphasize energy efficiency, emissions reduction, and circular economy practices. In 2024, YOFC actively participated in renewable energy purchasing across both domestic and international markets. The company expanded its distributed photovoltaic capacity by approximately 15.6 megawatts and adopted recyclable, environmentally friendly packaging, enabling the reuse of approximately 350,000 fibre reels over the course of the year. YOFC also recorded a total carbon reduction of approximately 24,291 tonnes and achieved a 3.78% year-over-year decline in greenhouse gas emissions per 10,000 RMB of output value. 

As of the end of 2024, the company held more than 1,900 active and valid patents across domestic and international markets. Among its key innovations, YOFC’s ultra-low-loss hollow-core optical fibre has played a leading role in pushing the boundaries of technological advancement within the sector. Alongside its industry leadership, YOFC continues to invest in its people, recognizing employee development as critical to its long-term success. In 2024, the company launched a range of employee engagement and welfare initiatives across its facilities in Peru, Mexico, the Philippines, Indonesia, and Poland. These programs are designed to enhance internal communication and personal development, build workforce capability, support local talent, and contribute to broader social progress.

Looking ahead, YOFC will continue to support the ten principles of the United Nations Global Compact, actively reinforcing its core values of “Customer Focus, Accountability, Integrity, Innovation, and Shared Success.” The company will further advance its strategic priorities in the areas of Responsible Management, Smart Connectivity, Green Development, and Harmonious Coexistence. Through meaningful action and cross-sector collaboration, YOFC is committed to shaping a more sustainable future.

For more info, please visit https://en.yofc.com/.

 

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SOURCE YOFC

GUANGZHOU, China, April 30, 2025 /PRNewswire/ — Global lifestyle brand MINISO recently released its 2024 ESG (Environment, Society and Governance) Report, which underscores how the brand is contributing to brighter futures across many aspects – from philanthropic contributions to staff welfare and sustainable innovation. Significantly, the report highlights MINISO’s performance in the authoritative MSCI ESG and Wind ESG ratings. MINISO has been given an AA rating by MSCI – making MINISO a “leader” in its field and marking the third year of consecutive improvement in its ranking considering factors such as Corporate Behavior, Privacy & Data Security, and Labor Management. Wind, meanwhile, has also awarded MINISO an AA rating for the second consecutive year, ranking first in the diversified retail industry with a leading and practical sustainability strategy.

Ye Guofu, Chairman of the Board and CEO of MINISO, said: “We consistently uphold the highest governance standards and regularly review related initiatives, while integrating ESG principles into every facet of our business and operations to create long-term, sustainable value for society.”

Award-winning Employee Welfare Creates a Global Benchmark Workplace

Talent is the cornerstone of a company’s long-term and stable development. MINISO actively promotes the diversity, fairness and inclusion of its workforce and continuously improves its employee management systems. According to the MSCI rating report, MINISO is at the leading level in the industry in terms of labor management.

MINISO has a total of 7,003 full-time employees globally as of December 31, 2024, with 60.8% located overseas. What’s more, the localization rate of store managers in directly operated markets such as Vietnam was 100%, and the number of employees from ethnic minority backgrounds in mainland China increased to 77. These figures represent the diversity of MINISO’s employee structure. MINISO is also committed to maintaining a family-friendly and harmoniously inclusive workplace atmosphere for all employees, no matter their gender. In mainland China, female employees account for 65%, with 55.9% employee at manager level and above, surpassing the industry average.

To ensure employees feel valued and supported, MINISO invests significantly in employee welfare, leading to it winning “2024 Forbes China Best Employer-Most Popular Employer Among Employees” and “2024 DEI Employer Award” in the selection of the best employer brands of major global institutions. Such schemes include creating a RMB10 million budget for employee marriage and childbirth rewards, with nearly RMB2 million already disbursed as of March 2025. MINISO also hosted its inaugural group wedding ceremony, offering a romantic and wonderful experience for its newlywed employees, demonstrating its commitment to contributing to a family-friendly society. MINISO has also granted stock incentives to roughly 500 employees, including Directors, senior management and other employees, while establishing a number of special welfare bonuses such as “Long-Term Commitment Employee Award”, “Allowance for Employees in Hardship” and “Store Grievance Special Allowance” to comprehensively enhance employees’ sense of happiness and belonging.

Spreading Joy to Communities through Diverse Public Welfare Initiatives

MINISO is dedicated to sharing its “Joy Philosophy” and empowering global consumers to enjoy happy lives. It therefore attaches great importance to the integration of social responsibility practices into its corporate development. MINISO’s public welfare initiatives are primarily focused on five key charitable themes: “children”, “women”, “critical illnesses”, “disasters” and “pets”.

Among its diverse initiatives, the “MINISO Pet Protection Foundation (the “TA Foundation”) is MINISO’s core public welfare project. In 2023, MINISO joined hands with Beijing Loving Animal Protection Public Welfare Foundation to donate RMB10 million to establish the fund, and convey the scientific concept of pet protection with professional, caring and symbiotic public welfare concepts and actions. In 2024, the joint MINISO and TA Foundation successfully adopted 380 stray animals and more than 110 retired working dogs into new families, facilitated 388 stray cat sterilizations and donated 2,000 stray cat litters. Through special “Dedicated Zone of Blue for Public Welfare” product areas, which saw an automatic RMB1 donation added, consumers contributed a total of RMB506,992 to the fund.

Other initiatives included “Red Power” which donated sanitary products and educational materials to more than 1,000 students, the “Happy Reading for Children’s Dreams” initiative which donated more than 2,000 books and helped build “Yitong Reading Rooms” for left-behind children. MINISO’s overseas welfare programs have included distributing materials and food to communities in need in Malaysia, Ecuador, Bolivia, and more.

Green Responsibility Sets the Path for a Bright Future

In recent years, MINISO has fully integrated the concept of sustainable development into the overall operation of the company, and is committed to promoting a sustainable life through measures such as product innovation, climate change response, and green operations.

In terms of product innovation and responsibility, MINISO has developed 26 SKUs of Tritan plastic cups. At the same time, MINISO has replaced disposable plastics with paper-based materials in 37 SKUs, and 29 SKUs have been certified as “Biodegradable” by the Green Alliance. It has also launched green products such as Eco-Friendly PEN PEN plush toys certified by the Global Recycling Standard (GRS). In terms of green packaging, MINISO has carried out carton recycling in stores across China, with a recycling rate of more than 90%.

To cope with the challenges brought by global climate change, MINISO selected SP1 and SSP5, two future scenario models, for the first time based on the shared socio-economic pathways (SSPs) hypothesis adopted by the Intergovernmental Panel on Climate Change (IPCC) of the United Nations for climate change scenario analysis. This allows MINISO to enhance its ability to identify, assess and manage climate-related risks and opportunities.

In the future, MINISO aims to create more green products in categories including beauty tools, home decor, stationery, and toys, and choose Forest Stewardship Council (FSC) certified suppliers wherever possible. It will continue to develop “MINISO ECO”, which will be widely used in more of its Eco-Friendly products.

To view the full MINISO 2024 ESG report, click the link here

About MINISO

MINISO Group is a global lifestyle brand offering a variety of design-led lifestyle products. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO’s wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand “MINISO” as a globally recognized retail brand and established a massive store network worldwide.

 

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SOURCE MINISO

• LG Energy Solution posts KRW 6.3 trillion in consolidated revenue and KRW 375 billion in operating profit in Q1 2025
• Company returns to profitability through rigorous cost-cutting efforts
• Company to focus on operational efficiency, cost reduction, and strategic business opportunities to cope with impacts from regulatory transitions this year

SEOUL, South Korea, April 29, 2025 /PRNewswire/ — LG Energy Solution (KRX: 373220) today announced its first-quarter earnings for 2025, turning a profit through rigorous cost-cutting efforts.

The company posted consolidated revenue of KRW 6.3 trillion, a 2.9 percent decrease quarter-on-quarter and 2.2 percent increase year-on-year. The operating profit was KRW

375 billion with an EBITDA^[1] margin of 20 percent, marking a turn around to profitability. The operating profit includes the IRA tax credit amount of KRW 458 billion.  

“In the first quarter, we demonstrated solid shipments to North America and for newly launched EV models. However, as automakers continued their conservative approach to inventory management, our quarterly revenue declined compared to the last quarter,” said Chang Sil Lee, CFO of LG Energy Solution. “Nevertheless, we successfully returned to profitability in the first quarter as our efforts to reduce material costs and enhance cost efficiency came to fruition, with one-off items reflected in the previous quarter no longer playing base effect into Q1 profit,” Lee added. 

In the first quarter, LG Energy Solution has reallocated its production capacity in North America to better respond to market demands and address ongoing uncertainties. Namely, the company put the construction of its ESS battery plant in Arizona on hold and instead decided to first utilize the existing production capacity at its plant in Michigan, aiming to start producing LFP (lithium, iron, phosphate) batteries for ESS this year, a year earlier than planned.

Also, the company is in the process of acquiring the GM JV phase 3 in Michigan, which would significantly expand its footprint in North America. This move will also maximize the utilization of investments already undertaken by minimizing the facility’s downtime.

Alongside this strategic adjustment, LG Energy Solution continued to make notable achievements in both the EV and ESS businesses based on its strong product competitiveness. The company successfully expanded its customer portfolio for 46-Series cylindrical batteries to legacy automakers by securing a new 10GWh (annual) order from an established automaker in North America. It also won contracts from Polska Grupa Energetyczna (PGE) for grid-scale ESS batteries in Europe and Delta Electronics for residential ESS batteries (4GWh) in the U.S. The company also ventured into new applications, including solar EVs and offshore wind farms, as well as establishing its first European battery recycling joint venture facility with Derichebourg in France, which will establish 20,000 tons of annual preprocessing capacity to meet the EU’s battery recycling regulations and secure a metal supply chain.

Moving forward, as regulatory transitions such as U.S. tariffs and the EU’s industrial action plan for the automotive sector are expected to affect the battery industry broadly, LG Energy Solution will concentrate on streamlining operations and reducing costs this year, while actively pursuing strategic business opportunities.

It will focus on indispensable investments and proactively adjust the scale and speed of capacity expansion in response to changing market demands. It will also take a cautious approach to managing inventory for EV batteries, while accelerating the revenue expansion in its ESS business, which holds relatively higher growth potential.

At the same time, LG Energy Solution will continue to cultivate strategic business opportunities by continuing to secure future demands from its key customers with new products, including 46-Series cylindrical batteries. Simultaneously, it will proactively discover new applications for its cylindrical batteries, such as humanoid robots and drones.

To mitigate the impact of tariffs, the company will promote the local production of raw materials by collaborating with material companies entering North America. It will also accelerate the development and adoption of new technologies, such as dry electrodes, to lower production costs.

#  #  #

About LG Energy Solution
LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 69,600 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://news.lgensol.com.

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SOURCE LG Energy Solution

Win $1 Million in Limited Time Promotion: Drawings every 10 minutes on May 31st, starting May 1st!

IONE, Calif., April 29, 2025 /PRNewswire/ — Harrah’s Northern California is thrilled to announce a new promotion: a chance to win $1 million! Starting Thursday, May 1st, guests can earn entries to spin a prize wheel for a shot at the grand prize. The drawing itself will be held on Saturday, May 31st, from 3:30 PM to 10:00 PM. Every ten minutes, a guest will be selected to spin the wheel. Besides the million-dollar top prize, other prizes ranging from $200 to $2500 in free play will also be awarded.

“We’re incredibly excited to offer our guests the chance to spin the wheel for a million dollars!  This isn’t your average casino promotion; we’re giving away a truly life-changing sum at Harrah’s Northern California.  Every ten minutes on May 31st, a lucky guest will have the chance to win big – it could be you!”

Jeff Cutri, Harrah’s Northern California Senior Vice President and General Manager, is available for interviews to discuss the casino‘s current promotions and activities. He can be interviewed either on-site at the casino or at a pre-arranged studio location.

For more information on rewards and promotions, visit:  https://www.caesars.com/harrahs-northern-california/casino/promotions.

Harrah’s Northern California: A short drive from Sacramento and nestled in the heart of historic Gold Country, a visit to Harrah’s Northern California brims with non-stop gaming excitement. Discover dining experiences catering to every taste, a variety of fast-paced slots and live table games, and epic casino promotions from Caesars Rewards — all set against the gorgeous NorCal landscape.

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SOURCE Harrah’s Northern California

ISS has determined that Simpson does not meet the control threshold
ISS questions Simpson’s proposed strategy and CEO candidate
Parkland’s Executive Chairman, Michael Jennings, releases message to all shareholders

CALGARY, AB, April 29, 2025 /PRNewswire/ – Parkland Corporation (“Parkland” or “the Company”) (TSX: PKI) today commented on the report¹ issued by Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, regarding the election of directors at Parkland’s Annual General Meeting scheduled for May 6, 2025. In addition, Parkland’s Executive Chairman, Michael Jennings released a short video to all shareholders. It can be viewed here. 

ISS affirmed that Simpson Oil Limited (“Simpson”) has failed to meet the high bar required to justify a control slate, stating explicitly:

“… the bar for a control slate is high, and the dissident has not cleared it outright.”

ISS also highlighted significant deficiencies in Simpson’s proposed business strategy, noting:

“The dissident’s plan is light on details regarding capital allocation and which businesses would be potential divestitures, where specific cost savings would be identified and what a potential timeline for realization would be.”

“…the lack of detail provided makes it difficult for shareholders to objectively assess the dissident’s execution of its plan, if it is successful in this campaign, and as such does not warrant full control of the board.”

Further, ISS has recommended withholding support from Simpson’s nominee Mark Davis, who is also their proposed interim CEO, illustrating concerns over Simpson’s lack of depth and clarity in leadership transition planning.

In contrast, ISS endorsed Parkland’s recent strategic initiatives, including the ongoing strategic review and the comprehensive CEO search, emphasizing that Parkland’s Board is appropriately structured to oversee these processes and deliver value to all shareholders.

The choice for shareholders is clear: a vote for Parkland’s nominees is a vote for an experienced, diverse, and independent Board stewarding a credible and thorough strategic review and acting in the best interest of all shareholders.

Reminder: Continue Voting ONLY the BLUE Proxy ‘FOR’ the Parkland Nominees

Regardless of the recommendations issued by the proxy advisors, Parkland urges all shareholders to continue ONLY voting ‘FOR’ Parkland’s nominees on the BLUE Proxy ensuring the Company continues to be led by directors committed to rigorous governance and maximizing value for all shareholders. The deadline for voting is May 2, 2025, at 9:00 a.m. (Mountain Time).

Shareholders needing voting assistance may contact Kingsdale Advisors at 1-888-518-6832 (toll-free in North America), 1-647-251-9740 (text and call enabled outside North America), or email contactus@kingsdaleadvisors.com. Please visit www.ourparkland.ca for additional information about the Parkland Nominees and reasons to only vote the BLUE Proxy.

About Parkland Corporation

Parkland is a leading international fuel distributor, marketer, and convenience retailer with safe and reliable operations in twenty-six countries across the Americas. Our retail network meets the fuel, and convenience needs of everyday consumers. Our commercial operations provide businesses with fuel to operate, complete projects and better serve their customers. In addition to meeting our customers’ needs for essential fuels, Parkland provides a range of choices to help them lower their environmental impact, including manufacturing and blending renewable fuels, ultra-fast EV charging, a variety of solutions for carbon credits and renewables, and solar power. With approximately 4,000 retail and commercial locations across Canada, the United States, and the Caribbean region, we have developed supply, distribution, and trading capabilities to accelerate growth and business performance.

Our strategy is focused on two interconnected pillars: our Customer Advantage and our Supply Advantage. Through our Customer Advantage, we aim to be the first choice of our customers through our proprietary brands, differentiated offers, extensive network, competitive pricing, reliable service, and compelling loyalty program. Our Supply Advantage is based on achieving the lowest cost to serve among independent fuel marketers and distributors in the hard-to-serve markets in which we operate, through our well-positioned assets, significant scale, and deep supply and logistics capabilities. Our business is underpinned by our people and our values of safety, integrity, community, and respect, which are embedded across our organization.

Forward-Looking Statements

Certain statements contained herein constitute forward-looking information and statements (collectively, “forward looking statements”). When used in this news release, the words “aim”, “continue”, “expect”, “will”, “would” and similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things: Parkland’s Annual General Meeting of Shareholders and the expected timing thereof.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These forward-looking statements speak only as of the date hereof. Parkland does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities laws. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks, assumptions and uncertainties including, but not limited to: general economic, market and business conditions; Parkland’s Annual General Meeting of Shareholders and the results thereof, Parkland’s ability to execute its business strategy; action by other persons or companies; and other factors, many of which are beyond the control of Parkland. See also the risks and uncertainties described under the headings “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” in Parkland’s current Annual Information Form, and under the headings “Forward-Looking Information” and “Risk Factors” in Parkland’s Management’s Discussion and Analysis for the most recently completed financial period, each as filed on SEDAR+ and available on Parkland’s website at www.parkland.ca. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

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SOURCE Parkland Corporation

Sanitation Workers Vote for Voice on the Job, Strong Union Representation

LAS VEGAS, April 29, 2025 /PRNewswire/ — A group of 44 sanitation workers at the Republic Services Polymer Center in Las Vegas has voted to join Teamsters Local 631.

These new Teamsters process plastic materials like water bottles, jugs, and containers and convert them into recyclable materials.

“Republic workers nationwide are seeing that the only way to guarantee better treatment on the job is to join the Teamsters Union and secure a strong contract,” said Victor Mineros, Director of the Teamsters Solid Waste and Recycling Division and Teamsters Western Region International Vice President. “Every day, more Republic Teamsters are demanding and securing industry-leading wages and benefits. Now that these workers are part of our union, we look forward to helping them do the same.”

The group of mechanics, technicians, forklift operators, clerks, and equipment operators are seeking better pay and benefits and to secure a real say over their work conditions.

“This was a true Teamsters victory, and each one of these workers should be proud of their bold decision to join our union,” said Tommy Blitsch, Secretary-Treasurer of Local 631. “They sent a clear message that they will not rest until they have a strong contract that guarantees they are treated with respect.”

Teamsters Local 631 represents workers in gaming, construction, logistics, transit, and other industries throughout Southern Nevada. For more information, go to teamsterslocal631.org.

Contact:
Daniel Moskowitz, (770) 262-4971
dmoskowitz@teamster.org

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SOURCE Teamsters Local 631