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		<title>West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen</title>
		<link>https://pressreach.com/featured-news/west-red-lake-gold-intersects-16-16-g-t-au-over-1-5-metres-and-10-94-g-t-au-over-1-5-metres-at-starratt-olsen-advancing-multi-asset-strategy-at-madsen</link>
		
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		<pubDate>Thu, 10 Sep 2026 15:22:02 +0000</pubDate>
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		<category><![CDATA[West Red Lake Gold Mines Ltd.]]></category>
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					<description><![CDATA[<figure><img width="1200" height="673" src="https://pressreach.com/wp-content/uploads/2026/09/23909-1-1-1200x673.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="23909 1 1 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" decoding="async" fetchpriority="high" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>September 10, 2026 – Vancouver, BC – West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:WRLG) (OTCQX:WRLGF) is pleased to announce assay results from the first 5 holes from the 12 hole surface drilling program at the historic past-producing Starratt-Olsen Mine (“Starratt”) located approximately 1.1 kilometers (“km”) southwest of its 100% &#8230; <a href="https://pressreach.com/featured-news/west-red-lake-gold-intersects-16-16-g-t-au-over-1-5-metres-and-10-94-g-t-au-over-1-5-metres-at-starratt-olsen-advancing-multi-asset-strategy-at-madsen" class="more-link">Continue reading<span class="screen-reader-text"> "West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="673" src="https://pressreach.com/wp-content/uploads/2026/09/23909-1-1-1200x673.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="23909 1 1 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p><strong>September 10, 2026 – Vancouver, BC – <a href="https://westredlakegold.com/" target="_blank" rel="noopener">West Red Lake Gold Mines Ltd.</a></strong> <strong>(“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:WRLG)</strong> <strong>(OTCQX:WRLGF)</strong> is pleased to announce assay results from the first 5 holes from the 12 hole surface drilling program at the historic past-producing Starratt-Olsen Mine (“<strong>Starratt</strong>”) located approximately 1.1 kilometers (“<strong>km</strong>”) southwest of its 100% owned Madsen Mine in the Red Lake Mining District of Northwestern Ontario, Canada (the “<strong>Madsen Mine</strong>” or “<strong>Madsen</strong>”).</p>
<p class="wp-block-paragraph"><strong>STARRATT DRILLING HIGHLIGHTS</strong></p>
<ul class="wp-block-list">
<li><strong>Hole </strong><strong>WRL26-054 </strong>intersected <strong>1.5 metre (“m”) @ 16.16 grams per tonne (“g/t”) gold (“Au”)</strong>, from 121.15m to 122.65m; including <strong>0.85m @ 24.60 g/t Au</strong>, from 121.15m to 122.00m.</li>
<li><strong>Hole WRL26-055</strong> intersected <strong>4.5m @ 5.16 g/t Au</strong>, from 114.0m to 118.5m; including <strong>1.5m @ 10.94 g/t Au</strong> from 116.5m to 118.0m.</li>
</ul>
<p class="wp-block-paragraph"><strong>Will Robinson, Vice President of Exploration, commented,</strong> <em>“The results received from this first pass of modern drilling at the past-producing Starratt-Olsen Mine are highly encouraging. We have successfully demonstrated that Madsen-style mineralization of notable grades and thickness remains proximal to the historically mined areas. </em></p>
<p class="wp-block-paragraph"><em>Importantly, Starratt could form part of the broader strategy to evaluate and advance multiple known gold deposits surrounding the Madsen Mine and mill and delivering on our Hub and Spoke model. In addition, several other existing targets have seen limited modern exploration. </em></p>
<p class="wp-block-paragraph"><em>As we progress, we are developing a robust pipeline of both operations and near-term deposits all feeding the mill at Madsen. With Madsen in production, Fork advancing toward inclusion in the 2027 production profile with ramp development, and Rowan in the permitting stage and being evaluated alongside Madsen in a proposed combined Pre-Feasibility Study, Starratt represents another opportunity to assess the potential of this broader mineralized system to the southwest along the Madsen structural trend.</em></p>
<p class="wp-block-paragraph"><em>This initial program was designed to test the upper portions of the Starratt system from surface, and our team sees significant potential to continue exploring the main Starratt ore shoot at depth. Gold grades in excess of 10 g/t Au from numerous underground drilling and chip samples collected near the shaft bottom at Starratt suggest this system continues down plunge. This high-grade panel is further reinforced by a 2016-era drillhole that returned <strong>2m at 27.3 g/t Au</strong> and <strong>3m at 104.1 g/t Au</strong> with numerous occurrences of visible gold. The exploration team is already looking into ways we could potentially access this area from the Madsen 16 Level exploration drive, which was advanced towards Starratt at 800m depth during the late 1930’s and gets within 200m of the main down plunge extension.”</em></p>
<p class="wp-block-paragraph"><strong>TABLE 1. Significant intercepts (&gt;0.5 g/t Au) from 2026 drilling at Starratt.</strong></p>
<p><img decoding="async" class="size-full wp-image-207096 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/74998330-98AF-49ED-B692-B5310446F7C9.jpeg" alt="74998330 98AF 49ED B692 B5310446F7C9 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1284" height="554"></p>
<p class="wp-block-paragraph">*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. The gold assay results presented are uncapped values. True thickness has not been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on intercept angles observed in the drill core. Internal dilution for composite intervals does not exceed 1m for samples grading &lt;0.1 g/t Au.</p>
<p class="wp-block-paragraph"><strong>TABLE 2: Drill collar summary for 2026 Starratt Surface Drilling.</strong></p>
<p><img decoding="async" class="size-full wp-image-207097 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/45C10226-AB00-4034-85F9-B840703AB667.jpeg" alt="45C10226 AB00 4034 85F9 B840703AB667 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1284" height="724"></p>
<p class="wp-block-paragraph"><strong>STARRATT SURFACE DRILLING PROGRAM OVERVIEW</strong></p>
<ul class="wp-block-list">
<li>The drill program at Starratt (Figure 1) consisted of 4,100m of oriented HQ diameter diamond drilling in twelve (12) holes.</li>
<li>Targeted areas focused on up- and down-plunge extensions to previously mined panels at Starratt – investigating for unmined portions of previously defined mineralization and testing for new sub-parallel lenses (Figure 2).</li>
<li>This program marked the first focused effort in drill testing the main areas of historic mining at Starratt since mining ceased in the 1950’s.</li>
<li>Starratt is the second largest gold producer historically on the Madsen property with ~164,000 oz of gold produced between 1948-1956 at an average grade of 6.17 grams per tonne gold <sub><sup>(1).</sup></sub></li>
</ul>
<p class="wp-block-paragraph"><sub>(1) Website: Ministry of Northern Development, Mines, Natural Resources and Forestry. “MDI52K13NW00011 – Ontario Geological Survey.” Geology Ontario. Accessed August 15, 2024. http://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI52K13NW00011.html</sub></p>
<p class="wp-block-paragraph"><strong>DISCUSSION</strong></p>
<p class="wp-block-paragraph">While the 2026 surface drilling program at Starratt focused on the shallower portions of the deposit, the WRLG team sees excellent potential at depth on the main ore shoot which plunges moderately to the northeast at a similar orientation as the Austin and South Austin zones at Madsen. Assay results from historic underground drilling and channel sampling from the historic levels suggest that the main ore shoot that was previously mined remains intact and open for expansion past 440m depth (Figure 3). The historic assays help to inform a panel of mineralization with &gt; 10 g/t Au potential that is approximately 300m by 400m. This interpretation has been further validated in a 2016-era drillhole (PG16-198) where assays returned <strong>2m @ 27.3 g/t Au</strong> (561m to 563m) and <strong>3m @ 104.1 g/t Au</strong> (567m to 570m) within this down-plunge extension area. This impressive intercept displays classic Madsen-style mineralization often associated with high gold grades consisting of strong silicification, biotite alteration, pyrrhotite + pyrite, diopside veining and multiple instances of visible gold (Figure 4).</p>
<p class="wp-block-paragraph">Additionally, there was an exploration drive extended from Madsen towards Starratt from the 16 Level (800m depth) during the late 1930’s that gets within 200m of the down plunge extension of the ore shoot at Starratt (Figure 5). The Madsen Mine is currently dewatered down to 18 Level and plans are already being prepared for accessing this 16 Level exploration drift for rehabilitation, geological mapping, sampling and potential future diamond drilling programs that could be planned to target the down plunge extension of the main Starratt ore shoot at depth. Drilling the Starratt deep extension from underground would provide an advantageous drilling platform requiring much shorter length holes and higher confidence drilling angles than from surface.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2368 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-2-1024x421.png" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-2-1024x421.png 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-2-300x123.png 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-2-768x315.png 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image-2.png 1356w" alt="image 2 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="421"></figure>
<p class="wp-block-paragraph"><strong>FIGURE 1. Plan view showing location of Starratt relative to Fork and Madsen Mine. Note the drift to Fork as shown is currently part of the conceptual access development.</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2362 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-1024x645.png" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-1024x645.png 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-300x189.png 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-768x484.png 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image.png 1101w" alt="image West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="645"></figure>
<p class="wp-block-paragraph"><strong>FIGURE 2. Long section view of Starratt mine showing main target areas up- and down-plunge from previously mined panels of mineralization. Note high-grade intercepts from holes drilled around periphery of main area of historic mining – no drilling within main mining footprint. </strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2366 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-3-1024x576.jpeg" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-3-1024x576.jpeg 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-3-300x169.jpeg 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-3-768x432.jpeg 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image-3.jpeg 1430w" alt="image 3 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="576"></figure>
<p class="wp-block-paragraph"><strong>FIGURE 3. Long section view of Starratt mine showing notable results from historic underground drilling and channel sampling. Aside from hole PG16-198, the assay results for the historic samples have not been verified for QA/QC reliability and are only shown to indicate the mineral potential that could exist at depth at Starratt.</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2369 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-3-1024x616.png" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-3-1024x616.png 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-3-300x180.png 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-3-768x462.png 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image-3.png 1141w" alt="image 3 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="616"></figure>
<p class="wp-block-paragraph"><strong>FIGURE 4. High-grade interval from hole PG16-198 (561m to 570m) displaying classic Madsen-style mineralization and multiple occurrences of visible gold.</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2367 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-1-1024x431.png" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-1-1024x431.png 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-1-300x126.png 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-1-768x323.png 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image-1.png 1277w" alt="image 1 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="431"></figure>
<p class="wp-block-paragraph"><strong>FIGURE 5. Long section view of Starratt mine and deep extension target showing proximity to the historic Madsen 16 Level exploration drive. Active Madsen development shown in green.</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2365 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-2-1024x576.jpeg" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-2-1024x576.jpeg 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-2-300x169.jpeg 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-2-768x432.jpeg 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image-2.jpeg 1425w" alt="image 2 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="576"></figure>
<p class="wp-block-paragraph"><strong>FIGURE 6. Plan map of Starratt mine area showing traces and intercepts for holes highlighted in this News Release.</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2364 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-1-1024x575.jpeg" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-1-1024x575.jpeg 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-1-300x168.jpeg 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-1-768x431.jpeg 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image-1.jpeg 1428w" alt="image 1 West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="575"></figure>
<p class="wp-block-paragraph"><strong>FIGURE 7. Long section of Starratt mine showing holes highlighted in this release and the &gt; 10 g/t Au down-plunge extension area defined by historic drilling and chip samples.</strong></p>
<p class="wp-block-paragraph"><strong>QUALITY ASSURANCE/QUALITY CONTROL</strong></p>
<p class="wp-block-paragraph">Drilling completed at the Starratt Mine consists of oriented HQ-sized diamond drill core. All drill holes are systematically logged, photographed, and sampled by a trained geologist at the core processing facility located at the Madsen Mine. Minimum allowable sample length is 0.5m. Maximum allowable sample length is 1.5m. Standard reference materials and blanks are inserted at a targeted 10% insertion rate. After logging, the core is then cut lengthwise utilizing a diamond blade core saw along a line pre-selected by the geologist. To reduce sampling bias, the same side of drill core is sampled consistently utilizing the orientation line as reference. For those samples containing visible gold (“<strong>VG</strong>”), a trained geologist supervises the cutting/bagging of those samples, and ensures the core saw blade is ‘cleaned’ with a dressing stone following the VG sample interval. Bagged samples are then sealed with zip ties with additional security tags, and transported by freight courier to AGAT Laboratories, Thunder Bay, Ontario for assay.</p>
<p class="wp-block-paragraph">Samples were submitted to AGAT Laboratories for preparation and analysis. Samples were dried and crushed to 75% passing 2 millimetres (<strong>“mm”</strong>), with a 250-gram (<strong>“g”</strong>) split retained for analysis (AGAT code: 200-075). The split was then pulverized to 85% passing 75 microns using steel pulverizing bowls (AGAT code: 200-087). Gold analyses were completed by lead collection fire assay with an ICP-OES finish for gold, platinum, and palladium on a 30 g aliquot (AGAT code: 202-055). Selected drill core samples were also analyzed for multi-element geochemistry using a four-acid digestion followed by ICP-OES/ICP-MS analysis (AGAT code: 201-071), a near-total digestion method suitable for a wide range of geological materials and trace element determination. AGAT Laboratories operate under a Quality Management System accredited to ISO/IEC 17025:2017 standards.</p>
<p class="wp-block-paragraph">The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101. Mr. Robinson is not independent of WRLG.</p>
<p class="wp-block-paragraph"><strong>ABOUT WEST RED LAKE GOLD MINES</strong></p>
<p class="wp-block-paragraph">West Red Lake Gold Mines Ltd. is a Canadian gold producer and developer advancing a high-grade, district scale opportunity in the Red Lake district of Ontario. The Company’s flagship Madsen Mine has recently achieved commercial production and is positioned as the central hub of a growing multi asset platform. The Company controls a 47 km² land package in one of the world’s most prolific mining districts, which has historically produced over 20 million ounces of gold from high grade systems<sup>(2)</sup>. West Red Lake also owns the Rowan Property in Red Lake, covering 31 km² that includes three past producing mines (Rowan, Mount Jamie and Red Summit) and represents a key source of future production growth.</p>
<p class="wp-block-paragraph"><sup>(2) Twomey, T. and McGibbon, S. Red Lake Mine, Goldcorp Inc. (2022). “The Geological Setting and Estimation of Gold Grade of the High-Grade Zone, Red Lake Mine.” Exploration Mining Geology, Vol. 10, Nos. 1–2, pp. 19–34. Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”).</sup></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-2363 aligncenter" src="https://westredlakegold.com/wp-content/uploads/2026/09/image-1024x576.jpeg" sizes="auto, (max-width: 1024px) 100vw, 1024px" srcset="https://westredlakegold.com/wp-content/uploads/2026/09/image-1024x576.jpeg 1024w, https://westredlakegold.com/wp-content/uploads/2026/09/image-300x169.jpeg 300w, https://westredlakegold.com/wp-content/uploads/2026/09/image-768x432.jpeg 768w, https://westredlakegold.com/wp-content/uploads/2026/09/image.jpeg 1429w" alt="image West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen" width="1024" height="576"></figure>
<p class="wp-block-paragraph"><strong>ON BEHALF OF WEST RED LAKE GOLD MINES LTD.</strong></p>
<p class="wp-block-paragraph">“Shane Williams”</p>
<p class="wp-block-paragraph">Shane Williams</p>
<p class="wp-block-paragraph">President &amp; Chief Executive Officer</p>
<p class="wp-block-paragraph"><strong>FOR FURTHER INFORMATION, PLEASE CONTACT:</strong></p>
<p class="wp-block-paragraph">Jaclyn Ruptash</p>
<p class="wp-block-paragraph">V.P. Corporate Communications</p>
<p class="wp-block-paragraph">Tel: (604) 569-5559</p>
<p class="wp-block-paragraph">Email: <a href="mailto:investors@wrlgold.com">investors@wrlgold.com</a> or visit the Company’s website at <a href="https://www.westredlakegold.com/" target="_blank" rel="noopener">https://www.westredlakegold.com</a></p>
<p class="wp-block-paragraph"><em>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.</em></p>
<p class="wp-block-paragraph"><strong>CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION</strong></p>
<p class="wp-block-paragraph"><em>Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate”, “expect”, “estimate”, “forecast”, “planned”, and similar expressions suggesting future outcomes or events. Forward-looking information is based on current expectations of management; however, it is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking information in this news release and include without limitation, statements relating to the anticipated timing of completion and results of the proposed drill program at Starratt; and the Company’s future objectives and plans. Readers are cautioned not to place undue reliance on forward-looking information.</em></p>
<p class="wp-block-paragraph"><em>Forward-looking information involves numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking information. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company’s securities; fluctuations in commodity prices; and changes in the Company’s business plans. Forward-looking information is based on a number of key expectations and assumptions, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Additional information about risks and uncertainties is contained in the Company’s annual information form for the year ended December 31, 2025, copies of which are available on SEDAR+ at </em><a href="http://www.sedarplus.ca/" target="_blank" rel="noopener"><em>www.sedarplus.ca</em></a><em>.</em></p>
<p class="wp-block-paragraph"><em>The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management’s current beliefs and is based on information currently available to the Company. The forward-looking information is made as of the date of this news release and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.</em></p>
<p class="wp-block-paragraph"><em>For more information on the Company, investors should review the Company’s continuous disclosure filings that are available on SEDAR+ at www.sedarplus.ca.</em></p>
<p><em>Featured Image @ Freepik</em></p>
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		<title>ZenaTech Secures Irish Aviation Authority Operational Authorization for Drone-Based Crop and Soil Nutrient Application Services</title>
		<link>https://pressreach.com/featured-news/zenatech-secures-irish-aviation-authority-operational-authorization-for-drone-based-crop-and-soil-nutrient-application-services</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Thu, 10 Sep 2026 14:52:46 +0000</pubDate>
				<category><![CDATA[Drones]]></category>
		<category><![CDATA[Featured News]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[drones]]></category>
		<category><![CDATA[robotics]]></category>
		<category><![CDATA[tech]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=207083</guid>

					<description><![CDATA[<figure><img width="1200" height="673" src="https://pressreach.com/wp-content/uploads/2026/09/74120-3-1200x673.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="74120 3 ZenaTech Secures Irish Aviation Authority Operational Authorization for Drone-Based Crop and Soil Nutrient Application Services" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>SORA-based authorization for ZenaDrone enables the Drone as a Service platform to deliver large-scale precision agriculture applications to farmers and supports planned expansion into additional European markets 2026-09-10 &#8212; VANCOUVER, British Columbia, Sept. 10, 2026 &#8212; ZenaTech, Inc. (Nasdaq:ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech” or the “Company”), a technology company specializing in AI drone, Drone &#8230; <a href="https://pressreach.com/featured-news/zenatech-secures-irish-aviation-authority-operational-authorization-for-drone-based-crop-and-soil-nutrient-application-services" class="more-link">Continue reading<span class="screen-reader-text"> "ZenaTech Secures Irish Aviation Authority Operational Authorization for Drone-Based Crop and Soil Nutrient Application Services"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="673" src="https://pressreach.com/wp-content/uploads/2026/09/74120-3-1200x673.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="74120 3 ZenaTech Secures Irish Aviation Authority Operational Authorization for Drone-Based Crop and Soil Nutrient Application Services" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p><span id="MainContent_lSubtitle">SORA-based authorization for ZenaDrone enables the Drone as a Service platform to deliver large-scale precision agriculture applications to farmers and supports planned expansion into additional European markets</span></p>
<p><span id="MainContent_NewsHeader">2026-09-10 &#8212; </span>VANCOUVER, British Columbia, Sept. 10, 2026 &#8212; <a href="https://www.zenatech.com/" target="_blank" rel="noopener">ZenaTech, Inc.</a> (Nasdaq:ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech” or the “Company”), a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its Drone as a Service subsidiary will expand its precision agriculture drone-based services to farmers in Ireland. The Company received Specific Operations Risk Assessment (SORA) approval from the Irish Aviation Authority (IAA), granted under European Union Aviation Safety Agency (EASA) guidelines. The approval was given to its drone subsidiary, ZenaDrone, at the Company’s EMEA DaaS headquarters located near Dublin, Ireland, authorizing large-scale targeted aerial application of fertilizer, lime, bio stimulants, and other non-plant protection products on Irish farmland and granular spreading at scale, helping farmers reduce product inputs, operating costs, risk to personnel, and environmental impact.</p>
<p><em>“This milestone for ZenaDrone and our Drone as a Service platform demonstrate that we can clear the regulatory bar for the initiation of large-scale aerial precision agriculture in Ireland and beyond,”</em> said Shaun Passley, Ph.D., CEO of ZenaTech. <em>“EASA’s framework is used across the European Union, as this approval provides a replicable template to apply market by market rather than starting fresh. We believe that precision agriculture is a large and underpenetrated opportunity globally, and having an approved and repeatable path forward will aid our roll out and recurring Drone as a Service revenue growth as we plan future expansion across Europe and into other regions.”</em></p>
<p>Precision agriculture is a sector facing historically high fertilizer costs and increasing environmental scrutiny. Drone-based aerial application allows precise, targeted spreading on terrain unsuitable for heavy machinery, reducing soil compaction and run-off risk while cutting input costs and personnel exposure. <a class="inline" href="https://www.globenewswire.com/Tracker?data=n9-1erVP7oHIOl4oDI0DDND398nInd1I0mCu5rgJ38nrW93HHet04x0868pzfy_tTAsJg8jHRbjPcmBh8sil_8hhdJ_jmBM-QFTRXv8NcVE_eFIOQyXxF-bQYK15JDfchf9u9PT3SiGqTrcE2WkDjnCoInBh5sR92YMY7iyGDi_kKOEdMt-XTKVGffNK_Mp-iGFmYD8GxW-4f8zfHN3OEfrQb8S_U7a9NztKMehg3RMpeRVSrvb3VXNRnXdbEk4e" target="_blank" rel="nofollow noopener">Ireland&#8217;s Environmental Protection Agency</a> reported in 2026 that nitrogen concentrations in Irish rivers rose 10% year-over-year, with excess fertilizer run-off cited as a leading cause, underscoring demand for more precise application methods of the kind that ZenaTech&#8217;s ZenaDrone and DaaS platform are now authorized to provide.</p>
<p>The SORA authorization allows the company to operate complex, autonomous aerial missions at scale, without requiring customers to navigate aviation safety regulation, pilot certification, hardware costs and maintenance directly. Management believes this regulatory pathway supports its broader strategy of scaling DaaS as a recurring-revenue, subscription-based service across multiple geographies and industry verticals, including forestry, renewables, construction, and infrastructure monitoring.</p>
<p><strong>About ZenaTech</strong></p>
<p><a class="inline" href="https://www.globenewswire.com/Tracker?data=jOczZXBlA6FBQYdHoh78qB0xHvVsKmmQ0__bsbgrX_sQez_uQQonyrHAuLrZq4ZlTzEGzlkHpe3WQ6xpXQF5sw==" target="_blank" rel="nofollow noopener">ZenaTech</a>, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global <a class="inline" href="https://www.globenewswire.com/Tracker?data=C95b941EYsZ24ApDXBM2ha_o_PGzEPlktvsieuiPzhahd9b9kup8bpwVdlPjlD94XXwttFuQrInW2ontf7BIEtPXytY9jMmgmHsJ6vBAFVw=" target="_blank" rel="nofollow noopener">Drone as a Service</a> (DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for applications such as agriculture and logistics, as well as ISR, cargo, and counter-UAS for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&amp;D initiatives.</p>
<p><strong>About ZenaDrone</strong></p>
<p>ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio under development includes the <a class="inline" href="https://www.globenewswire.com/Tracker?data=ktCFv8hnktQy5d_7YlH7e-1tFl8cMty2u1bvTGOU5HT9q6kGyN5C82c_bvDwGg523AN5Ro1Wpercr1CTUxypIwDpyYjzEoSgx7Y9_w9Q55UYVJPaTMDeBawDQCujAZqh" target="_blank" rel="nofollow noopener">ZenaDrone 1000</a> for ISR defense and specialized cargo, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=OWm-MnaEGkksjeKL-lLuqbZ0HiuKjnZGZLRtZGPmBH0JMJt_1QbsfGH2-RfHc3av8BIqEC0_1kEqsrypdjuZ7obeIfB6L-62QQKAedHVBOKGLxEalFQ81k5whRMeKclZ" target="_blank" rel="nofollow noopener">IQ Nano</a> for indoor inventory management and security, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=F1YD2k7_7e_Ck1JlabUal_4DgLebdUfuxeoRRtErB2bP3MWDn_CJLS_rFP0nTFMnY-8fXwpg8CSHTAIqE9nWjw3Edq55HT68QMv9qQ7B_GrWds0Vm_hxdiMzHYko350j" target="_blank" rel="nofollow noopener">IQ Square</a> for outdoor inspections and maintenance, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=JhXHejREAnHMgFzgiW0C8jUs7NIMcPknGocUGtoFDxO_qkrdvEY05VZFhir6vVyfoThEdcKQd1yfwtzEMz-Xn0sbp_QyLMPy2vgg-XkInZE=" target="_blank" rel="nofollow noopener">IQ Quad</a> for land surveying, the IQ Aqua, for underwater applications, and the IQ Octo for precision agriculture. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.</p>
<p>Contacts for more information:</p>
<p>Company, Investors, and Media:</p>
<p>Linda Montgomery</p>
<p>ZenaTech</p>
<p>312-241-1415</p>
<p>Investors:</p>
<p>Michael Mason</p>
<p>CORE IR</p>
<p>investors@zenatech.com</p>
<p>Safe Harbor</p>
<p>This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities, including its planned franchise business strategy for drone-based power washing described above, which is in the planning stage and subject to change. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to, ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; its ability to develop and finalize a franchise business strategy and operations manual for drone-based power washing services and to execute on that strategy in Florida and nationally as currently contemplated; expectations with respect to future production costs and capacity; ZenaTech&#8217;s ability to deliver products to the market as currently contemplated, including its drone products such as the ZenaDrone 1000, IQ Square, and IQ Nano; ZenaTech&#8217;s ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and its needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions or franchise agreements; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors” in the Company’s Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.</p>
<p class="disclaimer-txt" style="text-align: left;"><em>Featured Image @ ZenaTech, Inc.</em></p>
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		<title>Gold X2 Drilling Intersects 173.0m of 0.89 g/t Au 100m Beneath the RPEEE Pit at QES</title>
		<link>https://pressreach.com/featured-news/gold-x2-drilling-intersects-173-0m-of-0-89-g-t-au-100m-beneath-the-rpeee-pit-at-qes</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Thu, 10 Sep 2026 14:17:09 +0000</pubDate>
				<category><![CDATA[Featured News]]></category>
		<category><![CDATA[Mining]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=207093</guid>

					<description><![CDATA[<figure><img width="1200" height="600" src="https://pressreach.com/wp-content/uploads/2026/09/5993-2-1200x600.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="5993 2 Gold X2 Drilling Intersects 173.0m of 0.89 g/t Au 100m Beneath the RPEEE Pit at QES" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Vancouver, British Columbia&#8211;(September 10, 2026) &#8211; Gold X2 Mining Inc. (NYSE American:AUXX) (TSXV:AUXX) (FSE: DF80) (&#8220;Gold X2&#8221; or the &#8220;Company&#8220;) is pleased to announce the most recent assays from its ongoing resource expansion drilling program targeting the depth extensions of the QES Zone at the Moss Gold Project in Northwest Ontario, Canada (the &#8220;Moss Gold Project&#8220;). &#8230; <a href="https://pressreach.com/featured-news/gold-x2-drilling-intersects-173-0m-of-0-89-g-t-au-100m-beneath-the-rpeee-pit-at-qes" class="more-link">Continue reading<span class="screen-reader-text"> "Gold X2 Drilling Intersects 173.0m of 0.89 g/t Au 100m Beneath the RPEEE Pit at QES"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="600" src="https://pressreach.com/wp-content/uploads/2026/09/5993-2-1200x600.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="5993 2 Gold X2 Drilling Intersects 173.0m of 0.89 g/t Au 100m Beneath the RPEEE Pit at QES" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>Vancouver, British Columbia&#8211;(September 10, 2026) &#8211; <a href="https://goldx2.com/" target="_blank" rel="noopener">Gold X2 Mining Inc.</a> <b>(NYSE American:AUXX) (TSXV:AUXX) (FSE: DF80)</b> (&#8220;<b>Gold X2</b>&#8221; or the &#8220;<b>Company</b>&#8220;) is pleased to announce the most recent assays from its ongoing resource expansion drilling program targeting the depth extensions of the QES Zone at the Moss Gold Project in Northwest Ontario, Canada (the &#8220;<b>Moss Gold Project</b>&#8220;).</p>
<p>Michael Henrichsen, CEO of Gold X2 commented, <em>&#8220;These results reinforce the potential to expand the open pit to depth and represent a meaningful opportunity to grow the current mineral resource at the Moss Gold Project. With 12 of the 21 planned holes in the QES resource expansion program now complete, we are continuing to define the scale and continuity of mineralization beneath the existing pit. Additional assay results are expected over the coming weeks as we advance this important resource expansion program.&#8221;</em></p>
<p><b>Highlights</b></p>
<ul>
<li>The first two holes of a twenty-one hole campaign at QES Deeps, drilled approximately 75 to 100 meters below the current RPEEE pit shell, have intersected wider than modelled mineralized core shear zones, suggesting potential for further deposit expansion at depth. These intercepts, including approximately 20m of internal waste, are:
<ul>
<li>227.2m of 0.73 g/t Au from 637.8m in MQD-26-465</li>
<li>271.6m of 0.73 g/t Au from 630.4m in MQD-26-474</li>
</ul>
</li>
<li>The above broad bulk tonnage zones include higher-grade intercepts:
<ul>
<li>157.75m of 0.90 g/t Au from 707.25m in MQD-26-465, including
<ul>
<li>42.0m of 1.43 g/t Au from 744.0m, including
<ul>
<li>11.95m of 2.65 g/t Au from 790.05m</li>
</ul>
</li>
</ul>
</li>
<li>33.5m of 0.87 g/t Au from 630.4m in MQD-26-474, including
<ul>
<li>22m of 1.08 g/t Au from 631.0m</li>
</ul>
</li>
<li>173.0m of 0.89 g/t Au from 685.0m in MQD-26-474, including
<ul>
<li>16.0m of 1.05 g/t Au from 696.0m</li>
<li>8.0m of 4.86 g/t Au from 721.0m</li>
<li>52.0m of 1.05 g/t Au from 767.0m</li>
</ul>
</li>
</ul>
</li>
</ul>
<p>The current QES Drill Program is designed to both extend mineralization to depth and increase drill density beneath the existing RPEEE pit shell, with the objective of supporting a potential expansion of the open pit to depth. The additional drilling is intended to reduce the current constraint imposed by limited drill data at depth and provide a more complete basis for evaluating the potentially economically extractable mineralization in this area.</p>
<p><b>Technical Overview</b><br />
The results of the first two holes of a twenty-one-hole campaign drilled into QES Deeps is illustrated in the following figures and tables. Figure 1 shows the location map of the drill hole reported in this release. Figure 2 provides a cross-section through drill hole MQD-26-465, while Figure 3 shows the position of the hole on a long section. The results are summarized in Tables 1 to 2, which include significant intercepts (Table 1) and drill hole locations (Table 2).</p>
<p><a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_002full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_002.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_002.jpg" /></a><br />
<b>Figure 1: </b>Shows the location of the drill holes in the QES Deeps campaign</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_002full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_002full.jpg</a></p>
<p><a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_003full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_003.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_003.jpg" /></a><br />
<b>Figure 2: </b>Shows a long section, highlighting the reported drill holes relative to the drill data and the RPEEE pit shell</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_003full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_003full.jpg</a></p>
<p><a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_004full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_004.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_004.jpg" /></a><br />
<b>Figure 3: </b>Shows a section through drill hole MQD-26-474 with reported intersections relative to the current resource block model and RPEEE pit shell</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_004full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_004full.jpg</a></p>
<p>Gold X2 continues its deposit-wide infill and resource expansion drill programs designed to upgrade in-pit Inferred resource blocks to Indicated and expand the overall Mineral Resource at the Moss Gold Project.</p>
<p>Twenty-one holes have been planned across the QES Zone targeting a depth of 75 to 100 meters below the current RPEEE pit shell to extend the depth of the known mineralized shears. The aim of this campaign is to ensure that the deeper sections of the Mineral Resource are informed solely by new drilling and that the scale of the RPEEE pit is fully defined by economic parameters and not restricted by limited drill data as is currently the case.</p>
<p>MQD-26-465 and MQD-26-474 were collared from the southern flank of the QES Zone and intersected mineralization between 75-100m below the RPEEE pit shell, which is within the parameters currently applied for the definition of Inferred Mineral Resources. Despite the deeper level of drilling in this campaign, they remain 180 meters above the deepest hole — MQD-25-326, which intersected 117m of 1.21 g/t Au (press release dated March 3, 2026) — suggesting the mineralized shears extend to a much greater depth.</p>
<p>Both holes largely encountered expected geological sequences beneath a thin veneer of glacial till overburden. The upper approximately 600 meters of core is dominated by the southern dacitic volcanic package intersected by various 1-3m wide, late-stage, mafic and intermediate dykes. Localized shearing is seen throughout the volcanic package associated with strong sericite-chlorite alteration and zones of gold mineralization, including 13.0m of 0.77 g/t Au from 273.0m in MQD-26-466.</p>
<p>The holes then intersected the expected sheared QES diorite and granodiorite complex, which continued until each hole was terminated. Mineralization is primarily hosted in sheared, sericite-silica-hematite altered granodiorite with more localized sericite-chlorite altered sections associated with increased shear intensity and strongly deformed cm-scale quartz-carbonate veins with 2-3% pyrite-chalcopyrite. These zones are associated with higher-grade shears, including 11.95m of 2.65 g/t Au from 790.05m in MQD-26-465 and 8.0m of 4.86 g/t Au from 721.0m in MQD-26-474.</p>
<p>Importantly, the core zone of shearing stretches over 170-180 meters true width. The calculated significant intercepts (Table 1) are part of the core shear zone, which when taken as a whole, returned 227.2m of 0.73 g/t Au from 637.8m in MQD-26-465 and 271.6m of 0.73 g/t Au from 630.4m in MQD-26-474.</p>
<p><a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_005full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_005.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_005.jpg" /></a><br />
<b>Figure 4</b>: Hole MQD-26-465: Strongly sheared granodiorite with intense sericite-silica-hematite with an intercept of 11.95m of 2.76 g/t Au from 790.05m, part of the greater interval of 157.75m of 0.9m from 707.25m.</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_005full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313775_6a89f3d6a42289b9_005full.jpg</a></p>
<p><i><b>Table 1: Significant intercepts</b></i></p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207089 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/06C07A19-4FD7-4302-A7C2-4F2F634A4F5F.jpeg" alt="06C07A19 4FD7 4302 A7C2 4F2F634A4F5F Gold X2 Drilling Intersects 173.0m of 0.89 g/t Au 100m Beneath the RPEEE Pit at QES" width="1458" height="786"></p>
<p><b>Table 2: Drill Collars</b></p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207090 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/9364F2D7-B764-48CD-823C-50B49D5BB2AC_4_5005_c.jpeg" alt="9364F2D7 B764 48CD 823C 50B49D5BB2AC 4 5005 c Gold X2 Drilling Intersects 173.0m of 0.89 g/t Au 100m Beneath the RPEEE Pit at QES" width="1458" height="94"></p>
<p><b>Analytical and QA/QC Procedures</b></p>
<p>All drill core is NQ diameter drill core has been visually validated in the core shack, rotated, and reconnected. Structural orientation data was captured by acoustical and optical televiewer operated by DGI Geosciences. All core has been sawed in half cut just off a geologist established cutline aligned 90° from the apex of the foliation, with the right half (looking down hole) of the core bagged and sent a third-party analytical laboratory. The left half of the core was returned to core boxes and is stored at Gold X2&#8217;s Kashabowie core yard facility.</p>
<p>All samples were sent to ALS Geochemistry in Thunder Bay for sample preparation. Samples were analysed for gold via PhotonAssay<sup>TM</sup> (&#8220;<b>Au-PA02</b>&#8220;) in Thunder Bay and 48 pathfinder elements via ICP-MS after four-acid digestion (&#8220;<b>ME-MS61</b>&#8220;) in Vancouver. ALS is accredited by the Standards Council of Canada (SCC) for the Accreditation of Mineral Analysis Testing Laboratories and CAN-P-4E ISO/IEC 17025.</p>
<p>In addition to ALS quality assurance / quality control (&#8220;<b>QA/QC</b>&#8220;) protocols, Gold X2 has implemented a quality control program for all samples collected through the drilling program. The quality control program was designed by a qualified and independent third party, with a focus on the quality of analytical results for gold. Analytical results are received, imported to our secure on-line database and evaluated to meet our established guidelines to ensure that all sample batches pass industry best practice for analytical quality control. Certified reference materials are considered acceptable if values returned are within three standard deviations of the certified value reported by the manufacture of the material. In addition to the certified reference material, certified blank material is included in the sample stream to monitor contamination during sample preparation. Blank material results are assessed based on the returned gold result being less than ten times the quoted lower detection limit of the analytical method. The results of the on-going analytical quality control program are evaluated and reported to Gold X2 by Orix Geoscience Inc.</p>
<p><b>Qualified Person</b></p>
<p>Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer, of the Company, and a qualified person under National Instrument 43-101 &#8211; <i>Standards of Disclosure for Mineral Projects</i>, has approved the scientific and technical information contained in this news release.</p>
<p>Mr. Flindell has verified the data disclosed. To verify the information related to the winter drill program at the Moss Gold Project, Mr. Flindell has visited the property several times; discussed and reviewed logging, sampling, bulk density, core cutting and sample shipping processes with responsible site staff; discussed and reviewed assay and QA/QC results with responsible personnel; and reviewed supporting documentation, including drill hole location and orientation and significant assay interval calculations. He has also overseen the Company&#8217;s health and safety policies in the field to ensure full compliance and consulted with the Project&#8217;s host indigenous communities on the planning and implementation of the drill program, particularly with respect to its impact on the environment and the Company&#8217;s remediation protocols.</p>
<p><u><b>About Gold X2 Mining</b></u></p>
<p>Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world&#8217;s largest gold company and backed by one of Canada&#8217;s pre-eminent private equity firms. The Company&#8217;s current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The 2026 updated NI 43-101 mineral resource estimate (&#8220;<b>MRE</b>&#8220;) for the Moss and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 1.04 g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment (&#8220;<b>PEA</b>&#8220;) of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company&#8217;s website and under the Company&#8217;s issuer profile on SEDAR+. For more information, please visit SEDAR+ (<a href="https://api.newsfilecorp.com/redirect/oPYP2caNbV" target="_blank" rel="noopener">www.sedarplus.ca</a>) and the Company&#8217;s website (<a href="https://api.newsfilecorp.com/redirect/OAgAwUR0aZ" target="_blank" rel="noopener">www.goldx2.com</a>).</p>
<div id="contactInfo">
<p><b>For More Information &#8211; Please Contact:</b></p>
<p>Michael Henrichsen<br />
President, Chief Executive Officer and Director<br />
Gold X2 Mining Inc.</p>
<p>E: <a href="mailto:mhenrichsen@goldx2.com">mhenrichsen@goldx2.com</a><br />
W: <a href="https://api.newsfilecorp.com/redirect/PqpqoHb78B" target="_blank" rel="noopener">www.goldx2.com</a><u></u><br />
<u>T: 1-604-404-4335</u></p>
</div>
<p><i>Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.</i></p>
<p><b>Cautionary Note Regarding Forward-Looking Statements</b></p>
<p>This news release contains statements that constitute &#8220;forward-looking statements.&#8221; Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company&#8217;s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words &#8220;expects,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;intends,&#8221; &#8220;estimates,&#8221; &#8220;projects,&#8221; &#8220;potential&#8221; and similar expressions, or that events or conditions &#8220;will,&#8221; &#8220;would,&#8221; &#8220;may,&#8221; &#8220;could&#8221; or &#8220;should&#8221; occur. Forward-looking statements in this news release include, among others, statements relating to expectations regarding the exploration and development of the Moss Gold Project; the potential mineralization at the Moss Gold Project based on the winter drill program, including the potential for additional mineral resources; the enhancement of the Moss Gold Project; statements regarding the Company&#8217;s future drill plans, including the expected benefits and results thereof; the potential for resource growth at Moss and the fact that the results have the potential to significantly impact the economic performance of the deposit moving forward; the potential for a much larger mineralized system and that it will be pursued in the near future through additional drilling; and other statements that are not historical facts.</p>
<p>By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: uncertainty and variation in the estimation of mineral resources; risks related to exploration, development, and operation activities; exploration and development of the Moss Gold Project will not be undertaken as anticipated; the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; the economic performance of the deposit may not be consistent with management&#8217;s expectations; the Company&#8217;s exploration work may not deliver the results expected; the fluctuating price of gold; unknown liabilities in connection with acquisitions; compliance with extensive government regulation; delays in obtaining or failure to obtain governmental permits, or non-compliance with permits; environmental and other regulatory requirements; domestic and foreign laws and regulations could adversely affect the Company&#8217;s business and results of operations; risks related to natural disasters, terrorist acts, health crises, and other disruptions and dislocations; global financial conditions; uninsured risks; climate change risks; competition from other companies and individuals; conflicts of interest; risks related to compliance with anti-corruption laws; the Company&#8217;s limited operating history; intervention by non-governmental organizations; outside contractor risks; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company&#8217;s securities, regardless of its operating performance; and other risks associated with executing the Company&#8217;s objectives and strategies as well as those risk factors discussed in the Company&#8217;s continuous disclosure documents filed under the Company&#8217;s SEDAR+ profile at <a href="https://api.newsfilecorp.com/redirect/wEXEzfaLOP" target="_blank" rel="noopener">www.sedarplus.ca</a>.</p>
<p>The forward-looking information in this news release is based on management&#8217;s reasonable expectations and assumptions as of the date of this news release. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding: the future price of gold; anticipated costs and the Company&#8217;s ability to fund its programs; the Company&#8217;s ability to carry on exploration, development and mining activities; prices for energy inputs, labour, materials, supplies and services; the timing and results of drilling programs; mineral resource estimates and the assumptions on which they are based; the discovery of mineral resources and mineral reserves on the Company&#8217;s mineral properties; the timely receipt of required approvals and permits; the costs of operating and exploration expenditures; the Company&#8217;s ability to operate in a safe, efficient, and effective manner; the Company&#8217;s ability to obtain financing as and when required and on reasonable terms; that the Company&#8217;s activities will be in accordance with the Company&#8217;s public statements and stated goals; that the Company&#8217;s exploration work will deliver the results expected; and that there will be no material adverse change or disruptions affecting the Company or its properties.</p>
<p>The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management&#8217;s beliefs, estimates or opinions, or other factors, should change.</p>
<p><em>Featured Image @ Freepik</em></p>
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		<title>Knightscope Opens the Command Playbook of the Autonomous Security Force</title>
		<link>https://pressreach.com/featured-news/knightscope-opens-the-command-playbook-of-the-autonomous-security-force</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Tue, 08 Sep 2026 19:25:19 +0000</pubDate>
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					<description><![CDATA[<figure><img width="1200" height="654" src="https://pressreach.com/wp-content/uploads/2026/09/2151977493-1-1-1200x654.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="2151977493 1 1 Knightscope Opens the Command Playbook of the Autonomous Security Force" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>&#160; September 8, 2026&#8211; Knightscope, Inc. (NASDAQ:KSCP), the security technology company building the nation’s first Autonomous Security Force, today published “Command Brief,” the first field brief in its series, ahead of the Force’s live debut at GSX 2026, the Global Security Exchange, Booth #3905, September 14-16, 2026, at the Georgia World Congress Center in Atlanta. The Field &#8230; <a href="https://pressreach.com/featured-news/knightscope-opens-the-command-playbook-of-the-autonomous-security-force" class="more-link">Continue reading<span class="screen-reader-text"> "Knightscope Opens the Command Playbook of the Autonomous Security Force"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="654" src="https://pressreach.com/wp-content/uploads/2026/09/2151977493-1-1-1200x654.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="2151977493 1 1 Knightscope Opens the Command Playbook of the Autonomous Security Force" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><div class="bw-release-contact">
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<p>&nbsp;</p>
<p>September 8, 2026&#8211;<a href="https://knightscope.com/" target="_blank" rel="noopener"> Knightscope, Inc.</a> (NASDAQ:KSCP), the security technology company building the nation’s first <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fknightscope.com%2Fblog%2Fwhat-is-autonomous-security-force&amp;esheet=54599832&amp;newsitemid=20260908277505&amp;lan=en-US&amp;anchor=Autonomous+Security+Force&amp;index=2&amp;md5=24b79e5418e232f9229ae54e1d17b53c" target="_blank" rel="nofollow noopener" shape="rect">Autonomous Security Force</a>, today published “<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fknightscope.com%2F_hcms%2Fapi%2Fdl%3Fguide%3Dasf01%26dir%3Dfieldbriefs%26hsLang%3Den&amp;esheet=54599832&amp;newsitemid=20260908277505&amp;lan=en-US&amp;anchor=Command+Brief&amp;index=3&amp;md5=e7963dd9f2f40b5318682641c0a729b8" target="_blank" rel="nofollow noopener" shape="rect">Command Brief</a>,” the first field brief in its series, ahead of the Force’s live debut at GSX 2026, the Global Security Exchange, Booth #3905, September 14-16, 2026, at the Georgia World Congress Center in Atlanta. The Field Brief makes the case that the way most security programs are bought is broken and shows what an operation that answers to its client looks like instead: one system, one contract, one team that owns the outcome.</p>
<p>Security leaders are accountable for everything that happens on the property. Yet most programs hand them half of a security operation: guards from one vendor, cameras from another, and monitoring from a third, each with someone else to point to when something goes wrong. Cameras see everything but decide nothing. People carry judgment and cannot be everywhere. And every false alarm and every 3 a.m. judgment call lands on one desk. As the Field Brief puts it: security leaders were sold half of a security program, and they have been wiring in the other half themselves ever since.</p>
<p>The Command Brief details how the Force closes that loop: deter, detect, respond, learn, with machines, software, and licensed agents united under one escalation path and one chain of command. At its center is ASF-7, the escalation model of the Force: seven levels across three layers, autonomous detection, remote command, and physical response, with an accountable human holding escalation authority at every level, every hour of every day.</p>
<p><em>“Security leaders were sold cameras that see everything and decide nothing, and guards who carry judgment but cannot be everywhere,”</em> said William Santana Li, Founder, Chairman and CEO of Knightscope. <em>“The Command Brief shows what it looks like when one Force owns the whole loop. The weight stops landing on the client’s desk; it lands on us.”</em></p>
<p>Engaging the Force begins with three steps: book a briefing, tell Knightscope what the security leader is accountable for by location, and avoid a demo or a pitch. Knightscope architects the Force, including the machines, sensing, remote command, and licensed agents per site, and shows it in a digital twin before anything ships. Then the Force takes the watch, and incident reports stop landing on the security leader’s desk unresolved. The alternative is the status quo: a gap nobody owned, an incident nobody saw coming, and a report with no clean answer, bearing the client’s name.</p>
<p>Knightscope serves 434 clients across 42 states, and to date the Company’s machines have logged more than 4.4 million autonomous hours in the field.</p>
<p>Security leaders can download the “<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fknightscope.com%2F_hcms%2Fapi%2Fdl%3Fguide%3Dasf01%26dir%3Dfieldbriefs%26hsLang%3Den&amp;esheet=54599832&amp;newsitemid=20260908277505&amp;lan=en-US&amp;anchor=Command+Brief&amp;index=4&amp;md5=bd3a6cb249a89d85ca744e791f14fccd" target="_blank" rel="nofollow noopener" shape="rect">Command Brief</a>,” including the full three-step engagement plan, and are invited to <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Finfo.knightscope.com%2Fgsx-2026-vip&amp;esheet=54599832&amp;newsitemid=20260908277505&amp;lan=en-US&amp;anchor=reserve+time+in+advance&amp;index=5&amp;md5=dabde3e5af51f44ab657e95767ebdedf" target="_blank" rel="nofollow noopener" shape="rect">reserve time in advance</a> with the Knightscope team to discuss their needs in the Signals VIP Lounge at Booth #3905.</p>
<p><strong>About Knightscope</strong></p>
<p>Knightscope is a security technology company building the nation&#8217;s first Autonomous Security Force. As a managed service provider, the Company delivers autonomous machines, AI-driven software, and licensed security agents as one accountable operation, under one contract, to help protect people, property, and critical infrastructure. Knightscope’s long-term mission is to make the United States of America the safest country in the world. Learn more at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com%2F&amp;esheet=54599832&amp;newsitemid=20260908277505&amp;lan=en-US&amp;anchor=www.knightscope.com&amp;index=6&amp;md5=290faf0378ee2ec33bac0bcdad0ec068" target="_blank" rel="nofollow noopener" shape="rect">www.knightscope.com</a>.</p>
<p><strong>Forward-Looking Statements</strong></p>
<p>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s goals, growth, prospects, product roadmap, and outlook, including expectations regarding the launch of the Autonomous Security Force, the ASF field brief series, and future financial performance. Actual results may differ materially due to the risks and uncertainties described under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.</p>
<p id="mmgallerylink">View source version on businesswire.com: <a href="https://www.businesswire.com/news/home/20260908277505/en/" target="_blank" rel="nofollow noopener">https://www.businesswire.com/news/home/20260908277505/en/</a></p>
<p>Contacts:</p>
<p><strong>Public Relations</strong><br />
<a href="mailto:pr@knightscope.com" rel="nofollow" shape="rect">pr@knightscope.com</a><br />
Knightscope, Inc.<br />
(650) 924-1025 ext. 6</p>
<p>Source: Knightscope, Inc.</p>
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<p class="disclaimer-txt" style="text-align: left;"><i><span style="font-weight: 400;">Featured Image @ Knightscope, Inc.</span></i></p>
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		<title>ZenaTech Plans Franchise Business Model for Drone as a Service Power Washing</title>
		<link>https://pressreach.com/featured-news/zenatech-plans-franchise-business-model-for-drone-as-a-service-power-washing</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Tue, 08 Sep 2026 15:05:14 +0000</pubDate>
				<category><![CDATA[Drones]]></category>
		<category><![CDATA[Featured News]]></category>
		<category><![CDATA[AI]]></category>
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		<guid isPermaLink="false">https://pressreach.com/?p=207034</guid>

					<description><![CDATA[<figure><img width="1200" height="800" src="https://pressreach.com/wp-content/uploads/2026/09/59-1-1200x800.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="59 1 ZenaTech Plans Franchise Business Model for Drone as a Service Power Washing" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Company&#8217;s DaaS acquisition of Green Earth Powerwashing brings franchise experience and a model to accelerate incorporation of drone-based power washing cleaning services for building exteriors and public spaces. VANCOUVER, British Columbia, Sept. 08, 2026 &#8212; ZenaTech, Inc. (Nasdaq:ZENA) (FSE: 49Q) (BMV:ZENA) (“ZenaTech” or the “Company”), a technology solution provider specializing in AI (Artificial Intelligence) drone, &#8230; <a href="https://pressreach.com/featured-news/zenatech-plans-franchise-business-model-for-drone-as-a-service-power-washing" class="more-link">Continue reading<span class="screen-reader-text"> "ZenaTech Plans Franchise Business Model for Drone as a Service Power Washing"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="800" src="https://pressreach.com/wp-content/uploads/2026/09/59-1-1200x800.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="59 1 ZenaTech Plans Franchise Business Model for Drone as a Service Power Washing" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p><span id="MainContent_lSubtitle">Company&#8217;s DaaS acquisition of Green Earth Powerwashing brings franchise experience and a model to accelerate incorporation of drone-based power washing cleaning services for building exteriors and public spaces.</span></p>
<p>VANCOUVER, British Columbia, Sept. 08, 2026 &#8212; <a href="https://www.zenatech.com/" target="_blank" rel="noopener">ZenaTech, Inc.</a> (Nasdaq:ZENA) (FSE: 49Q) (BMV:ZENA) (“ZenaTech” or the “Company”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it is developing a franchise business strategy and plan to bring branded, drone-based power washing services to market under its Drone as a Service platform. The planned strategy builds directly on the franchise infrastructure and operating experience gained through the Company&#8217;s recent <a class="inline" href="https://www.globenewswire.com/Tracker?data=jp1NF903Qo8W6B112N984PUqnOpy5u88PeVQjigvXPG-61mjvIYUlbYugNkLsLomDrP99fkgTWf9_0TnwzfivvAvc-fyYgXZTRo8WSCFhzuPNwfQeEgQvgaqASbWj_WhWcDU49HK1hJX9MO0RURJOkfz-KAp0-CiE3b9aAloLcIN0kT8MBedLLyyHfxMPUXvX_4vkJH01wGacfVgWojLeU1iXS8YrbCDqtGCl2o4zog=" target="_blank" rel="nofollow noopener">June 23</a><a class="inline" href="https://www.globenewswire.com/Tracker?data=my9N5J_Fj3kBjIReiLNVSeBPwXSeFX0wJvi5tZRtQjWL0ipPKAgPCXsEDC0wt5UPgpqvt5toQhQfmSKQMgP0bdHYs9qQnHANXAqEAlOqFrATZUQYuAkTaGNJhKVVa4Nu2lcBybDvwn8hs7i4x3FfBwji0JSzy5IxuuUBS3b0j-UUWblUGxmJysquCT2Nqb-eNIxGupEU4upuYtLnM16R7qfeFNeWU5R4-7hp_ykLFag=" target="_blank" rel="nofollow noopener"><sup>th</sup></a><a class="inline" href="https://www.globenewswire.com/Tracker?data=Ry5Y-cV_dm05LnYQri3ZUKHAl3oIx9jKvPIBLkhPv_MgvmAlXlJWRHLTMy9pA0EsDwYPsiQK2C_c-LVu5GezteIpEfIQK5qnpb4hcEhBlW2S84NPyYIHiiZtz6ccJx3bml21jMma5ZplxSGejH7Pz1GaM_AlXFv6I3wEQsNOtKuDpR-9yZVDk7ZP-af6zOm_C1qM2RQcaKo1rp2j3B9OhbCfFEQBy_Z9ui5aY5IAHpUa2txEP6RbY8XTcvn-ypMBf29yYK3qamokcBXtolzPy_V8QGoG8ybe2u4kyRnJwzEe2WEeX6koHmWTW_xzawjX" target="_blank" rel="nofollow noopener">, 2026 acquisition of Florida-based Green Earth Powerwashing LLC</a>, a cleaning service company with an existing registered franchise system and franchisees serving municipal, commercial, and hospitality customers across central and south Florida.</p>
<p><em>“We’ve long been interested in a franchise strategy for our Drone as a Service platform that can incorporate multiple service lines over time, and this recent acquisition of Green Earth gives us an accelerated path to bring our first drone-enabled service, power washing, to market incorporating this model,”</em> said Shaun Passley, Ph.D., CEO of ZenaTech. <em>“Through this acquisition we have a franchise infrastructure, trained operators, and customer relationships in place that can help accelerate our plan. Our task now is to build the strategy and operations manual that will let us layer drone technology onto that foundation and apply the first services across Florida, then we plan to enter into other geographic markets nationally.”</em></p>
<p>The initiative is currently at the planning stage. The Company intends to incorporate existing franchise expertise, systems, and operator network as the foundation for this model, with the goal of layering AI-powered drone technology and workflows onto conventional power washing operations to improve safety, speed, and service consistency for franchisees and their customers.</p>
<p>The concept will use ZenaDrone&#8217;s IQ Square drone, currently being development for outdoor inspection and maintenance, fitted with a pressurized cleaning attachment and water system to wash building exteriors, facades, roofs, and other hard-to-reach surfaces from the air, operated and supervised by a ground-based technician. ZenaTech believes this approach could improve worker safety and service speed versus traditional ladder- and scaffold-based methods, particularly on high-rise properties. This capability is at the testing stage and is not yet in commercial deployment.</p>
<p>The global drone cleaning services market, which encompasses drone-based power washing, was valued at over USD $5 billion in 2024 and is projected to reach over $15 billion by 2031, with an annual growth rate of almost 17%, according to <a class="inline" href="https://www.globenewswire.com/Tracker?data=B6dy5JuB2ebyN_klUkH9nsz1l9emyny-H4CeMvr03NhqHfR2c75GFzyHALVaaBUafED-LoqWqYIrus8A3xEt_tE05ZlbRpIs8vbGCPvi_7b0rQxFuaEy1wSfddtmWPaJqF4SbBM71rhlzSy6Dq8tQP1FJ4v1C_c7_066-lGzqmhu9Px01Ljp-gRtxv-qudtN" target="_blank" rel="nofollow noopener">Valuates Reports</a>. ZenaTech believes Florida&#8217;s dense concentration of high-rise, commercial, and municipal properties offers strong initial demand ahead of a planned national expansion.</p>
<p>ZenaTech&#8217;s Drone as a Service platform is being built to provide business and government customers with subscription-based access to drone-based services spanning surveying, inspection, maintenance, power washing, inventory management, and precision agriculture, without the costs or operational burdens of drone ownership. The Company&#8217;s acquisition-led DaaS strategy is focused on acquiring established, profitable service businesses that currently rely on low-tech or under-digitized processes and integrating drone technology into their operations to build a global, multi-service network anchored by existing customers and recurring revenue.</p>
<p>Details of the franchise offering are at the planning stage, and more information will be provided in due course as the strategy and supporting operations manual are completed.</p>
<p><strong>About ZenaTech</strong></p>
<p><a class="inline" href="https://www.globenewswire.com/Tracker?data=17DPR7IqaaMON_YbHvTTeDAGOEj4e_s91VWl_YeuIDWEHcAuRgjSBxwxFVAL-iqgICAxA5lcRu8RSCCbOSCoZQ==" target="_blank" rel="nofollow noopener">ZenaTech</a>, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global <a class="inline" href="https://www.globenewswire.com/Tracker?data=u4rBWnZ4p0cDk6lJJZq8VIb7k1csPTMKk4YWMzlep1XOPYI-dHmRyI69_mUBBnRnDbmIcEf0V29z7BJfXnV_l2keiBKlaO1o3Ej8RS5TXpE=" target="_blank" rel="nofollow noopener">Drone as a Service</a> (DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for applications such as agriculture and logistics, as well as ISR, cargo, and counter-UAS for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&amp;D initiatives.</p>
<p><strong>About ZenaDrone</strong></p>
<p>ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio under development includes the <a class="inline" href="https://www.globenewswire.com/Tracker?data=5yZD6eQJYwziYZEig6StYCTMjcrvw3RNcWA-xylqZpLeqYO8rSVtU3GVUZ-7uWe3K_ctJYnWfUhukXY0HFjICgx2-MB8LPtXK2NXtZCYaMijJbz4mC_e3O5taPq3Jm6z" target="_blank" rel="nofollow noopener">ZenaDrone 1000</a> for ISR defense and specialized cargo, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=8Oo7pBAshI8Vy5gWPUyrpHsb1pLQscxNtV_EnysjoQEvpuc1a0asJgpT8sl79ojjn4m5YbKNAmOtmXc6iA6mXvuy7JVm9VT3CpKfae531P44knQy8xKBtwLhETiPTpqj" target="_blank" rel="nofollow noopener">IQ Nano</a> for indoor inventory management and security, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=0P2yHmtAjbfw_y6Z2lZBFLhOpgbTJzhBBljNWOZZRqPkSmzLa9Avvzm1LTKblCgDw_aPLXNrcYTwWONwqTULH8zrn01VrJSEkP6Q6kiQsvwxKhR2yzhqrwXHlzIkV2ml" target="_blank" rel="nofollow noopener">IQ Square</a> for outdoor inspections and maintenance, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=GoWXO5syHD9l4AntPpn4KxP6bmZxhdRXRN3gWgCYDZJiy9HaeknPs2yeUN-uiWxP06P9SQigIdOLmPkQvGxdQk9VgXrTpiDVr6Qysss3SNg=" target="_blank" rel="nofollow noopener">IQ Quad</a> for land surveying, the IQ Aqua, for underwater applications, and the IQ Octo for precision agriculture. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.</p>
<p>Contacts for more information:</p>
<p>Company, Investors, and Media:<br />
Linda Montgomery<br />
ZenaTech<br />
312-241-1415</p>
<p>Investors:<br />
Michael Mason<br />
CORE IR<br />
investors@zenatech.com</p>
<p><strong>Safe Harbor</strong></p>
<p>This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities, including its planned franchise business strategy for drone-based power washing described above, which is in the planning stage and subject to change. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to, ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; its ability to develop and finalize a franchise business strategy and operations manual for drone-based power washing services and to execute on that strategy in Florida and nationally as currently contemplated; expectations with respect to future production costs and capacity; ZenaTech&#8217;s ability to deliver products to the market as currently contemplated, including its drone products such as the ZenaDrone 1000, IQ Square, and IQ Nano; ZenaTech&#8217;s ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and its needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions or franchise agreements; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors” in the Company’s Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.</p>
<p class="disclaimer-txt" style="text-align: left;"><em>Featured Image @ ZenaTech, Inc.</em></p>
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		<title>Gold X2 Discovers Extension to the Span Prospect with Intersection of 40.4m of 2.05 g/t Au from 343.6m Indicating the Potential NE Extension of the Moss Deposit</title>
		<link>https://pressreach.com/featured-news/gold-x2-discovers-extension-to-the-span-prospect-with-intersection-of-40-4m-of-2-05-gt-au-from-343-6m-indicating-the-potential-ne-extension-of-the-moss-deposit</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Tue, 08 Sep 2026 15:04:43 +0000</pubDate>
				<category><![CDATA[Featured News]]></category>
		<category><![CDATA[Mining]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=207042</guid>

					<description><![CDATA[<figure><img width="1200" height="800" src="https://pressreach.com/wp-content/uploads/2026/09/18325-1-1-1200x800.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="18325 1 1 Gold X2 Discovers Extension to the Span Prospect with Intersection of 40.4m of 2.05 g/t Au from 343.6m Indicating the Potential NE Extension of the Moss Deposit" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Vancouver, British Columbia&#8211;(September 8, 2026) &#8211; Gold X2 Mining Inc. (NYSE American: AUXX) (TSXV:AUXX) (FSE: DF80) (&#8220;Gold X2&#8221; or the &#8220;Company&#8220;), is pleased to announce the results of its phase one drilling campaign conducted at the Span Prospect, approximately 2 kilometers northeast of the eastern edge of the Moss Gold Deposit in Northwest Ontario, Canada (the &#8230; <a href="https://pressreach.com/featured-news/gold-x2-discovers-extension-to-the-span-prospect-with-intersection-of-40-4m-of-2-05-gt-au-from-343-6m-indicating-the-potential-ne-extension-of-the-moss-deposit" class="more-link">Continue reading<span class="screen-reader-text"> "Gold X2 Discovers Extension to the Span Prospect with Intersection of 40.4m of 2.05 g/t Au from 343.6m Indicating the Potential NE Extension of the Moss Deposit"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="800" src="https://pressreach.com/wp-content/uploads/2026/09/18325-1-1-1200x800.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="18325 1 1 Gold X2 Discovers Extension to the Span Prospect with Intersection of 40.4m of 2.05 g/t Au from 343.6m Indicating the Potential NE Extension of the Moss Deposit" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>Vancouver, British Columbia&#8211;(September 8, 2026) &#8211;<a href="https://goldx2.com/" target="_blank" rel="noopener"> Gold X2 Mining Inc.</a> <b>(NYSE American: AUXX) (TSXV:AUXX) (FSE: DF80)</b> (&#8220;<b>Gold X2</b>&#8221; or the &#8220;<b>Company</b>&#8220;), is pleased to announce the results of its phase one drilling campaign conducted at the Span Prospect, approximately 2 kilometers northeast of the eastern edge of the Moss Gold Deposit in Northwest Ontario, Canada (the &#8220;<b>Moss Gold Project</b>&#8220;).</p>
<p>Michael Henrichsen, CEO of Gold X2, commented<i>, &#8220;We are encouraged with our early-stage drilling at the Span prospect as we look to discover the northeast offset extension of the Moss Deposit. The Company plans to follow up on the 40.4m of 2.05 g/t Au intercept with an additional drill rig arriving on site this week to extend the mineralization toward the surface and to the east-northeast.&#8221;</i></p>
<p><b>Highlights</b></p>
<ul>
<li>Eight holes were drilled along strike of the historical Span prospect to evaluate the potential for near surface ounces. Drilling discovered a strongly mineralized set of shear zones to the east of the historical drilling with an intercept of:</li>
</ul>
<ul>
<li>40.4m of 2.05 g/t Au from 343.6m in MSD-26-404m, including
<ul>
<li>24.05m of 3.17 g/t Au from 345.95m</li>
</ul>
</li>
</ul>
<ul>
<li>Drilling also discovered a second parallel shear hosted in a narrow Moss Deposit style diorite intrusion with select intercepts of:</li>
</ul>
<ul>
<li>5.0m of 5.34 g/t Au from 161.0m in MSD-26-397, including
<ul>
<li>2.0m of 12.7 g/t Au from 161.0m</li>
</ul>
</li>
</ul>
<ul>
<li>11.0m of 1.22 g/t Au from 233m in MSD-26-401</li>
</ul>
<ul>
<li>An additional three holes were drilled into the existing Span Prospect to confirm historical drilling results and continuity. Drilling intersected tightly spaced narrow shear zones that returned results in line with historical drilling from the 1980s, including localized high-grade shears within a lower-grade envelope. Select results include:</li>
</ul>
<ul>
<li>30.0m of 0.38 g/t Au from 377.0m in MSD-26-395</li>
</ul>
<ul>
<li>7.15m of 2.60 g/t Au from 262.9m in MSD-26-427, including
<ul>
<li>4m of 4.34 g/t Au from 265.0m in MSD-26-427</li>
</ul>
</li>
</ul>
<p><b>Technical Overview</b><br />
The results of eleven holes drilled into and along strike of the Span Prospect are illustrated in the following figures and tables. Figure 1 shows the location map of the drill holes reported in this release. Figure 2 provides a cross-section through the headline drill hole MSD-26-404. The results are summarized in Tables 1 to 2, which include significant intercepts (Table 1) and drill hole locations (Table 2).</p>
<p><a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_002full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_002.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_002.jpg" /></a></p>
<p><b>Figure 1: </b>Shows the location of the of the Span Prospect as a possible NE offset of the Moss Gold Deposit</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_002full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_002full.jpg</a></p>
<p><a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_003full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_003.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_003.jpg" /></a></p>
<p><b>Figure 2: </b>Shows the location of the drill holes across the Span Prospect</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_003full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_003full.jpg</a></p>
<p><a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_004full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_004.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_004.jpg" /></a></p>
<p><b>Figure 3: </b>Shows a cross section through drill holes MSD-26-391 and MSD-26-404 with reported intersections</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_004full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_004full.jpg</a></p>
<p>Gold X2 resumed its district exploration drill program with an 11-hole (4,581m) drilling campaign at the Span Prospect, targeting the northeast offset extension of the Moss Deposit approximately two kilometers northeast of the current resource pit boundary. The program was designed to confirm historical intercepts at the prospect and to explore for strike extensions and new shear zones based on encouraging grab, soil, and geophysical results. The aim of the drill program is to evaluate the potential to add a meaningful Inferred Mineral Resource to the current Moss Gold Mineral Resource and expand the mine plan.</p>
<p>The Span Prospect was historically drilled by Inco during the late 1980s and again by Wesdome Gold Mines in 2017. They noted nine mineralized zones hosted in sheared rhyolite with abundant quartz-carbonate veining and moderate pyrite-chalcopyrite. They unsuccessfully attempted to locate the extension of the Span Prospect by following mapped shears along a 65° strike, which mimics the direction of the Moss Gold Deposit shears.</p>
<p>Gold X2 drilling intersected a strongly silica and hematite altered dacitic volcanic unit with localized meter-scale diorite dykes and interbedded, lesser altered andesitic volcanic rocks. The main Span shear is hosted in sheared, sericite-silica-hematite altered dacites with 3-5% quartz carbonate veining and elevated sulphides ranging from 2-5%. MSD-26-404, a 75m step-out hole, followed a 45°-striking chargeability feature outlined by last year&#8217;s expanded IP gradient array program. It intersected the extension of the main Span shear in similar rocks with an intercept of 40.4m of 2.05 g/t Au from 343.6m, including 24.05m of 3.17 g/t Au from 345.95m.</p>
<p>A parallel shear was discovered approximately 200m northwest of the main Span shear. It is hosted in narrow Moss-style granodiorite intrusion that shares a geochemical signature with the primary Main and QES granodiorite bodies, which are significantly mineralized. A significant brittle fault structure was also discovered northwest of the prospect, potentially representing the extension of the Sloane fault, which lies immediately east of the QES Zone and suggested that the Span Prospect may represent the faulted offset of the Moss Gold Deposit.</p>
<p>A follow-up drill program is being designed to explore further along strike, as well as infill the prospect, to better understand the geological setting of the deposit. A third drill contractor is being mobilized to conduct this program to prevent diverting resources from the primary Moss expansion and infill drill programs. Drilling is expected to commence this month.</p>
<p><a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_005full.jpg" rel="nofollow noopener" target="_blank"><img decoding="async" class="aligncenter" src="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_005.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_005.jpg" /></a></p>
<p><b>Figure 3</b>: Hole MSD-26-404: Moderately sheared sericite-silica-hematite altered dacite volcanic with 5-10% deformed quartz carbonate veining and 3-5% disseminated pyrite with an intercept of 24.05m of 3.17 g/t Au from 349.95m, within the larger intercept of 40.4m of 2.05 g/t Au from 343.6m.</p>
<p>To view an enhanced version of this graphic, please visit:<br />
<a href="https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_005full.jpg" target="_blank" rel="nofollow noopener">https://images.newsfilecorp.com/files/8051/313279_8a0b232d84a82b38_005full.jpg</a></p>
<p><i><b>Table 1: Significant intercepts</b></i></p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207038 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/D417597A-F87E-4EF5-BC7E-E4F56A7B7FB3.jpeg" alt="D417597A F87E 4EF5 BC7E E4F56A7B7FB3 Gold X2 Discovers Extension to the Span Prospect with Intersection of 40.4m of 2.05 g/t Au from 343.6m Indicating the Potential NE Extension of the Moss Deposit" width="1486" height="1192"></p>
<p><b>Table 2: Drill Collars</b></p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207039 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/23713E6E-2B85-4CF3-AAF3-902478D4D1B3_4_5005_c.jpeg" alt="23713E6E 2B85 4CF3 AAF3 902478D4D1B3 4 5005 c Gold X2 Discovers Extension to the Span Prospect with Intersection of 40.4m of 2.05 g/t Au from 343.6m Indicating the Potential NE Extension of the Moss Deposit" width="1486" height="308"></p>
<p><b>Analytical and QA/QC Procedures</b></p>
<p>All drill core is NQ diameter drill core has been visually validated in the core shack, rotated, and reconnected. Structural orientation data was captured by acoustical and optical televiewer operated by DGI Geosciences. All core has been sawed in half cut just off a geologist established cutline aligned 90° from the apex of the foliation, with the right half (looking down hole) of the core bagged and sent a third-party analytical laboratory. The left half of the core was returned to core boxes and is stored at Gold X2&#8217;s Kashabowie core yard facility.</p>
<p>Samples were split between Paragon Geochemical in Timmins and ALS Geochemistry in Thunder Bay for sample preparation. Paragon samples were analysed for gold via PhotonAssay<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (&#8220;PA-AU02&#8221;) by Paragon&#8217;s laboratory in Hamilton and then shipped to Activation Laboratories (ActLabs) Ancaster for 60 pathfinder elements via ICP-MS after four-acid digestion (&#8220;UT-6&#8221;). ALS samples were analysed for gold via PhotonAssay (&#8220;<b>Au-PA02</b>&#8220;) in Thunder Bay and 48 pathfinder elements via ICP-MS after four-acid digestion (&#8220;<b>ME-MS61</b>&#8220;) in Vancouver. Paragon, ALS, and ActLabs are accredited by the Standards Council of Canada (SCC) for the Accreditation of Mineral Analysis Testing Laboratories and CAN-P-4E ISO/IEC 17025.</p>
<p>In addition to Paragon and ALS quality assurance / quality control (&#8220;<b>QA/QC</b>&#8220;) protocols, Gold X2 has implemented a quality control program for all samples collected through the drilling program. The quality control program was designed by a qualified and independent third party, with a focus on the quality of analytical results for gold. Analytical results are received, imported to our secure on-line database and evaluated to meet our established guidelines to ensure that all sample batches pass industry best practice for analytical quality control. Certified reference materials are considered acceptable if values returned are within three standard deviations of the certified value reported by the manufacture of the material. In addition to the certified reference material, certified blank material is included in the sample stream to monitor contamination during sample preparation. Blank material results are assessed based on the returned gold result being less than ten times the quoted lower detection limit of the analytical method. The results of the on-going analytical quality control program are evaluated and reported to Gold X2 by Orix Geoscience Inc.</p>
<p><b>Qualified Person</b></p>
<p>Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer, of the Company, and a qualified person under National Instrument 43-101 &#8211; <i>Standards of Disclosure for Mineral Projects</i>, has approved the scientific and technical information contained in this news release.</p>
<p>Mr. Flindell has verified the data disclosed. To verify the information related to the winter drill program at the Moss Gold Project, Mr. Flindell has visited the property several times; discussed and reviewed logging, sampling, bulk density, core cutting and sample shipping processes with responsible site staff; discussed and reviewed assay and QA/QC results with responsible personnel; and reviewed supporting documentation, including drill hole location and orientation and significant assay interval calculations. He has also overseen the Company&#8217;s health and safety policies in the field to ensure full compliance and liaised with the Project&#8217;s host indigenous communities on the planning and implementation of the drill program, particularly with respect to its impact on the environment and the Company&#8217;s remediation protocols.</p>
<p><u><b>About Gold X2 Mining</b></u></p>
<p>Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world&#8217;s largest gold company and backed by one of Canada&#8217;s pre-eminent private equity firms. The Company&#8217;s current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The 2026 updated NI 43-101 mineral resource estimate (&#8220;<b>MRE</b>&#8220;) for the Moss and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 1.04 g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment (&#8220;<b>PEA</b>&#8220;) of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company&#8217;s website and under the Company&#8217;s issuer profile on SEDAR+. For more information, please visit SEDAR+ (<a href="https://api.newsfilecorp.com/redirect/GzPRkhWwno" target="_blank" rel="noopener">www.sedarplus.ca</a>) and the Company&#8217;s website (<a href="https://api.newsfilecorp.com/redirect/Q2yZecpnQO" target="_blank" rel="noopener">www.goldx2.com</a>).</p>
<div id="contactInfo">
<p><b>For More Information &#8211; Please Contact:</b></p>
<p>Michael Henrichsen<br />
President, Chief Executive Officer and Director<br />
Gold X2 Mining Inc.</p>
<p>E: <a href="mailto:mhenrichsen@goldx2.com">mhenrichsen@goldx2.com</a><br />
W: <a href="https://api.newsfilecorp.com/redirect/mjyarhk8zw" target="_blank" rel="noopener">www.goldx2.com</a><u></u><br />
<u>T: 1-604-404-4335</u></p>
</div>
<p><i>Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.</i></p>
<p><b>Cautionary Note Regarding Forward-Looking Statements</b></p>
<p>This news release contains statements that constitute &#8220;forward-looking statements.&#8221; Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company&#8217;s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words &#8220;expects,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;intends,&#8221; &#8220;estimates,&#8221; &#8220;projects,&#8221; &#8220;potential&#8221; and similar expressions, or that events or conditions &#8220;will,&#8221; &#8220;would,&#8221; &#8220;may,&#8221; &#8220;could&#8221; or &#8220;should&#8221; occur. Forward-looking statements in this news release include, among others, statements relating to expectations regarding the exploration and development of the Moss Gold Project; the potential mineralization at the Moss Gold Project based on the winter drill program, including the potential for additional mineral resources; the enhancement of the Moss Gold Project; statements regarding the Company&#8217;s future drill plans, including the expected benefits and results thereof; that the Superion target has the potential to significantly add to the current mineral resource estimate within the top 200 meters from surface with continued drilling and to reduce the overall strip ratio of the deposit; the potential for resource growth at Moss and the fact that the results have the potential to significantly impact the economic performance of the deposit moving forward; the potential for a much larger mineralized system and that it will be pursued in the near future through additional drilling; and other statements that are not historical facts.</p>
<p>By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: uncertainty and variation in the estimation of mineral resources; risks related to exploration, development, and operation activities; exploration and development of the Moss Gold Project will not be undertaken as anticipated; the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; the economic performance of the deposit may not be consistent with management&#8217;s expectations; the Company&#8217;s exploration work may not deliver the results expected; the fluctuating price of gold; unknown liabilities in connection with acquisitions; compliance with extensive government regulation; delays in obtaining or failure to obtain governmental permits, or non-compliance with permits; environmental and other regulatory requirements; domestic and foreign laws and regulations could adversely affect the Company&#8217;s business and results of operations; risks related to natural disasters, terrorist acts, health crises, and other disruptions and dislocations; global financial conditions; uninsured risks; climate change risks; competition from other companies and individuals; conflicts of interest; risks related to compliance with anti-corruption laws; the Company&#8217;s limited operating history; intervention by non-governmental organizations; outside contractor risks; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company&#8217;s securities, regardless of its operating performance; the Superion target may not add to the current mineral resource; and other risks associated with executing the Company&#8217;s objectives and strategies as well as those risk factors discussed in the Company&#8217;s continuous disclosure documents filed under the Company&#8217;s SEDAR+ profile at <a href="https://api.newsfilecorp.com/redirect/kXyZbHQmrJ" target="_blank" rel="noopener">www.sedarplus.ca</a>.</p>
<p>The forward-looking information in this news release is based on management&#8217;s reasonable expectations and assumptions as of the date of this news release. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding: the future price of gold; anticipated costs and the Company&#8217;s ability to fund its programs; the Company&#8217;s ability to carry on exploration, development and mining activities; prices for energy inputs, labour, materials, supplies and services; the timing and results of drilling programs; mineral resource estimates and the assumptions on which they are based; the discovery of mineral resources and mineral reserves on the Company&#8217;s mineral properties; the timely receipt of required approvals and permits; the costs of operating and exploration expenditures; the Company&#8217;s ability to operate in a safe, efficient, and effective manner; the Company&#8217;s ability to obtain financing as and when required and on reasonable terms; that the Company&#8217;s activities will be in accordance with the Company&#8217;s public statements and stated goals; that the Superion target will add to the current mineral resource; that the Company&#8217;s exploration work will deliver the results expected; and that there will be no material adverse change or disruptions affecting the Company or its properties.</p>
<p>The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management&#8217;s beliefs, estimates or opinions, or other factors, should change.</p>
<p><em>Featured Image @ Freepik</em></p>
<p class="disclaimer-txt">
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		<title>Knightscope Chairman and CEO William Santana Li to Present at Tribe Public Webinar Event on Thursday, September 10, 2026</title>
		<link>https://pressreach.com/featured-news/knightscope-chairman-and-ceo-willian-santana-li-to-present-at-tribe-public-webinar-event-on-thursday-september-10-2026</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Tue, 08 Sep 2026 15:01:28 +0000</pubDate>
				<category><![CDATA[Featured News]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[Knightscope Inc.]]></category>
		<category><![CDATA[micro small cap]]></category>
		<category><![CDATA[micro stock]]></category>
		<category><![CDATA[micro stocks]]></category>
		<category><![CDATA[microsmallcap]]></category>
		<category><![CDATA[Nasdaq: KSCP]]></category>
		<category><![CDATA[prconnect]]></category>
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					<description><![CDATA[<figure><img width="1200" height="788" src="https://pressreach.com/wp-content/uploads/2026/09/4677-1-1200x788.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="4677 1 Knightscope Chairman and CEO William Santana Li to Present at Tribe Public Webinar Event on Thursday, September 10, 2026" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>September 8, 2026 &#8212;  Knightscope, Inc. (NASDAQ:KSCP), the security technology company building the nation’s first Autonomous Security Force, today announced that Founder, Chairman and CEO William Santana Li will present at a Tribe Public Webinar and Q&#38;A Event titled “Building America’s Autonomous Security Force With AI, Robotics, and Humans.” The event is scheduled to begin at 8:30 &#8230; <a href="https://pressreach.com/featured-news/knightscope-chairman-and-ceo-willian-santana-li-to-present-at-tribe-public-webinar-event-on-thursday-september-10-2026" class="more-link">Continue reading<span class="screen-reader-text"> "Knightscope Chairman and CEO William Santana Li to Present at Tribe Public Webinar Event on Thursday, September 10, 2026"</span></a>]]></description>
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<p>September 8, 2026 &#8212;  <a href="https://knightscope.com/" target="_blank" rel="noopener">Knightscope, Inc.</a> (NASDAQ:KSCP), the security technology company building the nation’s first <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fknightscope.com%2Fblog%2Fwhat-is-autonomous-security-force&amp;esheet=54597952&amp;newsitemid=20260908598177&amp;lan=en-US&amp;anchor=Autonomous+Security+Force&amp;index=2&amp;md5=52dc83c5cda0b750f10818a1fa34718c" target="_blank" rel="nofollow noopener" shape="rect">Autonomous Security Force</a>, today announced that Founder, Chairman and CEO William Santana Li will present at a Tribe Public Webinar and Q&amp;A Event titled “Building America’s Autonomous Security Force With AI, Robotics, and Humans.” The event is scheduled to begin at 8:30 a.m. PT / 11:30 a.m. ET on Thursday, September 10, 2026.</p>
<p>Knightscope, the only American publicly traded company delivering integrated autonomous security with licensed armed and unarmed agents, brings together autonomous machines, AI-driven software, and human security professionals into a single accountable operation under one contract: Hardware + Software + Humans. The presentation will examine how these three layers work together in the field today and what it takes to build America’s Autonomous Security Force.</p>
<p>Knightscope serves 434 clients in 42 states. To date, the Company’s machines have logged more than 4.4 million autonomous hours in the field. The Autonomous Security Force officially launches at GSX 2026, September 14 – 16 in Atlanta, Booth #3905.</p>
<p>To register to join the complimentary event, please visit Tribe Public at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fautonomoussecurity.tribepublic.com%2F&amp;esheet=54597952&amp;newsitemid=20260908598177&amp;lan=en-US&amp;anchor=AutonomousSecurity.TribePublic.com&amp;index=3&amp;md5=dba7b6d4d8fca111fe3e1014f85c9449" target="_blank" rel="noopener" shape="rect">AutonomousSecurity.TribePublic.com</a>.</p>
<p>Once registered, participants may forward questions for Knightscope’s Founder, Chairman and CEO, William Santana Li, to Tribe Public at <a href="mailto:research@tribepublic.com" target="_blank" rel="nofollow noopener" shape="rect">research@tribepublic.com</a>, or share them via the Zoom chat during the event. Tribe Public’s Managing Member, John F. Heerdink, Jr., will host the event and relay all questions to management.</p>
<p><strong>About Knightscope</strong></p>
<p>Knightscope is a security technology company building the nation’s first Autonomous Security Force. As a managed service provider, the Company delivers autonomous machines, AI-driven software, and licensed security agents as one accountable operation, under one contract, to help protect people, property, and critical infrastructure. Knightscope’s long-term mission is to make the United States of America the safest country in the world. Learn more at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com%2F&amp;esheet=54597952&amp;newsitemid=20260908598177&amp;lan=en-US&amp;anchor=www.knightscope.com&amp;index=4&amp;md5=d3625175b1c91f07d6aff8c1c739fdb2" target="_blank" rel="nofollow noopener" shape="rect">www.knightscope.com</a>.</p>
<p><strong>About Tribe Public LLC</strong></p>
<p>Tribe Public LLC, headquartered in San Francisco, California, is a distinguished organization that facilitates corporate sponsored global webinars and in-person meetings across 41 premier venues throughout the United States. Tribe Public’s events are tailored to address topics of significant interest to its members, with a particular emphasis on providing direct access to management teams and leading experts from diverse sectors who seek to enhance awareness of their products, achievements, and strategic initiatives. The Tribe’s membership is composed primarily of Family Offices, Portfolio Managers, Registered Investment Advisors, Accredited Investors, Sell Side Analysts, and media professionals, all of whom benefit from exclusive opportunities for business development, community building, and informed dialogue in a collegial setting. Members are actively encouraged to shape the event agenda by submitting speaker and company preferences through Tribe Public’s complimentary “Wish List” process on its website, ensuring that the programming reflects the evolving interests of its sophisticated community. To learn more about Tribe Public’s offerings and to participate in upcoming events, visit their website at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tribepublic.com%2F&amp;esheet=54597952&amp;newsitemid=20260908598177&amp;lan=en-US&amp;anchor=www.TribePublic.com&amp;index=5&amp;md5=603266e21b2798c42587b4cfe017b048" target="_blank" rel="nofollow noopener" shape="rect">www.TribePublic.com</a>.</p>
<p><strong>Forward-Looking Statements</strong></p>
<p>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s goals, growth, prospects, product roadmap, and outlook, including expectations regarding K7 deployments, the launch of the Autonomous Security Force, the Signals platform, the K1 Super Tower, the K1 Capsule, the H1 Augmented Security Agent wearable currently in development, and future financial performance. Actual results may differ materially due to the risks and uncertainties described under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.</p>
<p id="mmgallerylink">View source version on businesswire.com: <a href="https://www.businesswire.com/news/home/20260908598177/en/" target="_blank" rel="nofollow noopener">https://www.businesswire.com/news/home/20260908598177/en/</a></p>
<p>Contacts:</p>
<p><strong>Public Relations</strong><br />
<a href="mailto:pr@knightscope.com" rel="nofollow" shape="rect">pr@knightscope.com</a><br />
Knightscope, Inc.<br />
(650) 924-1025 ext. 6</p>
<p>Source: Knightscope, Inc.</p>
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<p class="disclaimer-txt" style="text-align: left;"><i><span style="font-weight: 400;">Featured Image @ Knightscope, Inc.</span></i></p>
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		<title>Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &#062;85% Indicated and Significant Expansion Potential</title>
		<link>https://pressreach.com/featured-news/power-metallic-defines-high-grade-maiden-resource-at-lion-averaging-3-9-cueq-with-gt-85-indicated-and-significant-expansion-potential</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Tue, 08 Sep 2026 13:46:42 +0000</pubDate>
				<category><![CDATA[Featured News]]></category>
		<category><![CDATA[Mining]]></category>
		<category><![CDATA[commodity etf]]></category>
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		<category><![CDATA[copper etf]]></category>
		<category><![CDATA[copper futures]]></category>
		<category><![CDATA[copper price]]></category>
		<category><![CDATA[copper prices]]></category>
		<category><![CDATA[copper stock]]></category>
		<category><![CDATA[copper stocks]]></category>
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		<category><![CDATA[ferrous metals]]></category>
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		<category><![CDATA[price of copper per pound]]></category>
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					<description><![CDATA[<figure><img width="1200" height="800" src="https://pressreach.com/wp-content/uploads/2026/09/1548-6-1-1200x800.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="1548 6 1 Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &gt;85% Indicated and Significant Expansion Potential" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Lion at a Glance ~406Mlb contained CuEq &#124; ~3.9% CuEq &#124; &#62;85% Indicated &#124; Starts at surface &#124;~59% of tonnes within open-pit resource &#124; &#62;98% Cu recovery &#124; 25%+ Cu concentrate &#124; MRE cut-off April 19&#124; 5 rigs active&#124; Post cut-off deep drilling not included &#124; Assays expected by end of September TORONTO, Sept. 8, 2026 &#8230; <a href="https://pressreach.com/featured-news/power-metallic-defines-high-grade-maiden-resource-at-lion-averaging-3-9-cueq-with-gt-85-indicated-and-significant-expansion-potential" class="more-link">Continue reading<span class="screen-reader-text"> "Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &#62;85% Indicated and Significant Expansion Potential"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="800" src="https://pressreach.com/wp-content/uploads/2026/09/1548-6-1-1200x800.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="1548 6 1 Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &gt;85% Indicated and Significant Expansion Potential" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><div id="DivAssetPlaceHolder7798" class="PRN_ImbeddedAssetReference">
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<p><strong>Lion at a Glance</strong></p>
<p><strong>~406Mlb contained CuEq | ~3.9% CuEq | &gt;85% Indicated | Starts at surface |~59% of tonnes within open-pit resource | &gt;98% Cu recovery | 25%+ Cu concentrate | MRE cut-off April 19| 5 rigs active| Post cut-off deep drilling not included | Assays expected by end of September</strong></p>
<p><span class="legendSpanClass">TORONTO</span>, <span class="legendSpanClass">Sept. 8, 2026</span> &#8212;<strong> <a href="https://www.powermetallic.com/" target="_blank" rel="noopener">Power Metallic Mines Inc.</a></strong> (the <strong>&#8220;Company&#8221;</strong> or <strong>&#8220;Power Metallic&#8221;</strong>) (TSXV:PNPN) (OTCBB:PNPNF) (Frankfurt: IVV1) is pleased to announce an updated Mineral Resource Estimate (&#8220;MRE&#8221;) for its Nisk Project (Power Metallic 80% / Critical Elements Lithium Corp. 20%) in the Eeyou Istchee James Bay territory of Québec, including the inaugural mineral resource for the Lion Zone and an updated mineral resource for the Nisk Main deposit. The MRE was prepared by SGS Canada Inc. (&#8220;SGS&#8221;) in accordance with National Instrument 43-101 &#8211; <i>Standards of Disclosure for Mineral Projects</i> (&#8220;NI 43-101&#8221;) and the CIM Definition Standards for Mineral Resources and Mineral Reserves (2014), has an effective date of June 19, 2026, and incorporates drilling completed to April 19, 2026.</p>
<p>Power Metallic has declared the inaugural Mineral Resource Estimate for the Lion Zone, a high-grade, copper-dominant polymetallic deposit discovered in 2023 at the Nisk property. Over 85% of the initial Lion resource is classified as Indicated, while mineralisation remains open for expansion.</p>
<p>Lion contains 4,145,000 Mt Indicated at 3.86% CuEq (1.68% Cu, 2.61 g/t Pd, 0.85 g/t Pt, 0.49 g/t Au, 12.21 g/t Ag, 0.10% Ni), and 601,000 Mt Inferred at 4.01% CuEq (1.84% Cu, 2.86 g/t Pd, 0.59 g/t Pt, 0.41 g/t Au, 12.47 g/t Ag, 0.13% Ni).</p>
<p>Locked-cycle testing completed by SGS Canada of representative mineralization from Lion has returned copper recoveries above 98% across all composite samples tested, producing concentrates grading over 25% Cu, with high recoveries also reported for gold, palladium, platinum and silver.</p>
<p>The Company is currently assessing proposals from engineering firms to complete a Preliminary Economic Assessment (&#8220;PEA&#8221;) evaluating the development potential of Lion including the integration of the Nisk resource.</p>
<p>Ongoing resource expansion drilling with 5 active rigs is targeting extensions at depth and along strike with assays from the summer 2026 program expected starting in September 2026.</p>
<p>The updated MRE also restates the existing Nisk nickel-copper resource, which will be assessed alongside Lion as part of the broader PEA development strategy.</p>
<p><strong>Mineral Resource Statement</strong></p>
<p><strong>2026 Lion Deposit Mineral Resource Estimate</strong> at a cut-off grade of 0.35% CuEq for the open pit MRE and 0.90% CuEq for the underground MRE, June 19, 2026.</p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207020 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/E1285F10-2E4A-496D-B59A-B902AB02893B.jpeg" alt="E1285F10 2E4A 496D B59A B902AB02893B Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &gt;85% Indicated and Significant Expansion Potential" width="892" height="486"></p>
<p><b>2026 Nisk Deposit Mineral Resource Estimate</b> at a cut-off grade of 0.30% NiEq for the open pit MRE and 0.80% NiEq for the underground MRE, June 19, 2026.</p>
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<div><img loading="lazy" decoding="async" class="size-full wp-image-207022 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/3C3343D6-5FEA-4189-8498-7B65A326C9E9.jpeg" alt="3C3343D6 5FEA 4189 8498 7B65A326C9E9 Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &gt;85% Indicated and Significant Expansion Potential" width="1718" height="1374"></div>
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<p>Terry Lynch, CEO of Power Metallic, commented:<br class="dnr" /><em>&#8221; This inaugural Lion resource confirms what the drilling has been telling us: Lion is a high-grade polymetallic deposit. Approximately 4.75 million tonnes grading close to 4% CuEq has been defined, containing approximately 406 million pounds of CuEq, with more than 85% of the resource already in the Indicated category. Importantly, high-grade mineralisation begins at surface, and the deposit remains open at depth. We believe the quality of Lion has been demonstrated. Now our focus is on demonstrating its scale.</em></p>
<p><em>The Federal and Québec governments have put a number of incentive programs in place for critical-minerals projects, and we believe the Company may qualify for several of them. Combining these potential incentives with the high-grade mineralisation from surface and our location next to existing road and major power infrastructure, Lion has the potential to be developed with a relatively modest initial footprint and capital requirement.</em></p>
<p><em>From here, the exploration question is how deep Lion goes and where the nickel went. Lion carries the copper and precious metals that come out of a magmatic sulphide system last; the nickel-rich sulphide that comes out first should be somewhere in the system, and we have not found it yet. The summer program has been aimed at the down-dip extension of the shoot, with some holes targeting hundreds of metres below the current resource. Assays on Lion Deep are expected by the end of September&#8221;</em></p>
<p>Joe Campbell, VP Exploration of Power Metallic, added:<br class="dnr" /><em>&#8220;Lion is a textbook fractionated copper- and precious-metal-rich shoot within a magmatic sulphide system. The advantage at Lion over similar deposits of this type is that it begins at surface and is modelled continuously to more than 600 metres vertical depth. The deposit remains open at depth and our priority since the April 19, 2026 cut-off date for drill holes in the MRE has been to test the shoot below 600 metres with deep step-out drilling, following up with borehole EM to delineate more mineralization.&#8221;</em></p>
<p><b>Lion Zone Geology and Depth Potential</b></p>
<p>The Lion Zone comprises multiple modelled lenses of copper–PGE–gold–silver–nickel–cobalt sulphide mineralization that together form a continuous, steeply plunging shoot extending from surface to approximately 675 metres down-dip (more than 600 metres vertical depth), the limit of drilling included in the MRE to April 19, 2026. The modelled shoot is approximately 400 metres along strike at its widest and 290 metres at its narrowest, and consists of multiple subparallel lenses, each approximately 2 to 15 metres thick, within a mineralized package up to 50 metres thick that dips at approximately 65° to the north-northwest. The high-grade core of the shoot is dominated by massive to brecciated chalcopyrite and cubanite with pyrrhotite, pentlandite and pyrite. The deepest reported hole intersecting the core of the Lion shoot to date (PML-25-002) intersected 1.95 metres at 7.95% CuEqRec* at approximately 610 metres vertical depth (see news release dated April 30, 2025). The Deposit remains open at depth with subsequent deeper drilling, as illustrated by drill targets PML26-121A, PML-26-125 and PML-26-128A in Figure 1, completed after the cut-off date for the MRE and below the modelled zone intersecting visible copper mineralization (assays pending).</p>
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<p class="p1"><i>*CuEqRec in the referenced Power Metallic news releases represents CuEq calculated based on the following metal prices (USD): 2,360.15 $/oz Au, 27.98 $/oz Ag, 1,215.00 $/oz Pd, 1000.00 $/oz Pt, 4.00 $/lb Cu, 10.00 $/lb Ni and 22.50 $/lb Co., and a recovery grade of 80% for all commodities, consistent with comparable peers.</i></p>
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<p>Lion is interpreted as a magmatic sulphide system. As the sulphide liquid cools, nickel-rich monosulphide solid solution crystallizes first and the residual liquid becomes progressively enriched in copper, platinum, palladium, gold and silver. This fractionated, copper- and precious-metal-rich liquid is the most mobile phase and migrates furthest away, from the original source; the copper–PGE footwall vein deposits of the Sudbury district are the classic example. Lion&#8217;s metal endowment – dominated by copper, palladium, platinum, gold and silver with subordinate nickel and cobalt, and with the highest palladium grades hosted in massive copper sulphide – is consistent with that fractionated end-member. The Company&#8217;s working model is that the Lion shoot represents a gravity-driven sulphide accumulation whose down-plunge extent has not yet been tested.</p>
<p>Depth continuity of this order is well documented in analogous camps. In the Sudbury district, the Creighton mine has been developed to approximately 2.4 kilometres below surface; Glencore&#8217;s Onaping Depth project has reached ore at approximately 2,600 metres; Nickel Rim South was mined between approximately 1,100 and 1,720 metres; and the copper–PGE footwall veins of the Morrison deposit at Levack were developed between approximately 1,200 and 1,650 metres and remain open at depth. Readers are cautioned that the depth extent and grade of mineralization at these deposits are not necessarily indicative of the mineralization at Lion, which has been drilled to approximately 600 metres vertical depth (see &#8220;Cautionary Notes&#8221; below).</p>
<p>Power Metallic&#8217;s program to test the down-plunge extension of the Lion shoot includes borehole electromagnetic surveys from the deepest holes on the shoot, and deep step-out and wedge drilling from existing collars. Results will be incorporated into future resource updates.</p>
<p><b>Metallurgy</b></p>
<p>Metallurgical test work on Lion mineralization has been carried out by SGS at its Quebec City and Lakefield laboratories (see news releases dated January 19, 2026 and May 26, 2026). Two locked-cycle flotation tests have been completed: LCT1, on a blended composite of high-grade and low-grade material representative of run-of-mine feed, and LG2, on a low-grade composite of disseminated mineralization designed to test whether lower-grade material responds to conventional flotation. Both tests produced a single high-grade copper concentrate carrying the platinum, palladium, gold, silver and nickel, with results summarized in Table 4. The LG2 results support the inclusion of lower-grade disseminated material in the Mineral Resource. Mineralogical work indicates that copper occurs as coarse-grained chalcopyrite and cubanite and that most platinum-group minerals occur within or attached to those copper sulphides (see news release dated July 23, 2025). Hydrometallurgical testing of the copper concentrate to evaluate a direct-to-metal processing route is in progress. The metallurgical recoveries applied in the MRE are set out in Note 7 to Table 1.<br class="dnr" /><br class="dnr" />These metallurgical results are analogous to similar deposits in the Sudbury camp noted above and typical of the high-grade Cuprous zone or Copper zone of these deposits.<br class="dnr" /><br class="dnr" /><b>Table 4: Lion Zone locked-cycle flotation test results (SGS Canada Inc.)</b></p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207023 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/9D9923F9-1F11-406E-A11C-0B4D39735A58.jpeg" alt="9D9923F9 1F11 406E A11C 0B4D39735A58 Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &gt;85% Indicated and Significant Expansion Potential" width="966" height="398"></p>
<p><i><span class="prnews_span">Sources: Company news releases dated January 19, 2026 (LCT1: blended composite of 103 high-grade samples from 15 drill holes and 99 low-grade samples from 10 drill holes, approximately 50/50 by modelled volume) and May 26, 2026 (LG2: low-grade disseminated composite). n/r = not reported. Recoveries are to a single copper concentrate. Test work is preliminary; recoveries used in the MRE are those selected by SGS and set out in Note 7 to Table 1.</span></i></p>
<p><b>Location and Infrastructure</b></p>
<p>The Nisk Project is in the Eeyou Istchee James Bay territory of Québec, approximately 280 kilometres north-northwest of Chibougamau and 425 kilometres northeast of Matagami. The property is accessed by the Route du Nord, an all-season road managed by the Société de développement de la Baie-James that connects Route 167 at Chibougamau to the paved Billy-Diamond Highway Hydro-Québec&#8217;s Albanel substation, on the 735 kV transmission system that carries power from the La Grande complex to southern Québec and accessed by the Route du Norde, is located adjacent to the property approximately 4 km from the Nisk Main deposit and 9.1 km from the Lion Zone. The Nemiscau airport (1,524 metre gravel runway, with scheduled service by Air Creebec) is approximately 30 kilometres west of the property along the Route du Nord, and the Nemiscau camp on the Route du Nord, operated by the Cree Construction and Development Company, provides lodging, food services and fuel. The Cree community of Nemaska, approximately 51 kilometres by road, has a hotel and restaurant, grocery, fuel, a health clinic and other services available to Project staff.</p>
<p>Regional transportation and energy infrastructure in Eeyou Istchee James Bay continues to be upgraded. The Société de développement de la Baie-James is carrying out a multi-year rehabilitation of the Billy-Diamond Highway, the 2026–2027 Québec budget allocated a further $19.4 million over two years to the maintenance of that highway, and in 2025 the Société du Plan Nord and Nemaska Lithium co-funded a $9.2 million upgrade of the Matagami rail transshipment yard, which serves mining projects in the region. Québec&#8217;s 2025–2031 Critical and Strategic Minerals Strategy, released in January 2026, includes a commitment to develop an infrastructure development plan for the Eeyou Istchee James Bay region, and the feasibility studies completed in 2024 under the La Grande Alliance between the Cree Nation Government and the Government of Québec examined a potential rail line from Matagami along the Billy-Diamond Highway and an upgrade of the Route du Nord. Under Québec&#8217;s 2025 energy legislation, industrial power allocations of 5 MW or more require ministerial authorization, and the Government of Québec has indicated that critical and strategic minerals projects are a priority for such allocations.<br class="dnr" /><br class="dnr" /><b>Critical Minerals and Government Incentives</b></p>
<p>Copper, platinum, palladium, nickel and cobalt are each included on the critical minerals lists of Québec, Canada, the United States and the European Union, and silver is also included on the United States list (Table 6).</p>
<p><b>Table 6: Nisk Project metals on government critical minerals lists</b></p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207024 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/FBF6F7C4-DA98-4315-AB5F-EB6A820AC2D5.jpeg" alt="FBF6F7C4 DA98 4315 AB5F EB6A820AC2D5 Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &gt;85% Indicated and Significant Expansion Potential" width="1238" height="430"></p>
<p class="p1"><i>Sources: Gouvernement du Québec, list of critical and strategic minerals (updated January 2026); Natural Resources Canada, Canadian Critical Minerals List (June 2024); U.S. Geological Survey, Final 2025 List of Critical Minerals (90 FR 50494, November 7, 2025); Regulation (EU) 2024/1252 of April 11, 2024, Annexes I and II.</i></p>
<p>Canada&#8217;s Clean Technology Manufacturing investment tax credit (&#8220;CTM ITC&#8221;) provides a refundable tax credit equal to 30% of the capital cost of eligible new machinery and equipment used in the extraction and processing of qualifying critical minerals, including copper, nickel and cobalt, for property that becomes available for use by the end of 2031. Amendments enacted in March 2026 extended eligibility to mine-site extraction and processing property where 50% or more of the expected value of the commercial output is attributable to qualifying materials, subject to certification by an independent engineer or geoscientist. Copper is expected to be the largest contributor to the Project&#8217;s anticipated output value, and nickel and cobalt are also qualifying materials; on that basis the Company believes the Project is well positioned to satisfy the eligibility test and is evaluating the application of the credit to a future development of the Project. The principal federal and Québec measures the Company is evaluating are summarized in Table 7.</p>
<p><b>Table 7: Principal federal and Québec critical-minerals tax credits and incentive programs under evaluation</b></p>
<p><img loading="lazy" decoding="async" class="size-full wp-image-207025 aligncenter" src="https://pressreach.com/wp-content/uploads/2026/09/1405E00D-2287-4DFD-BD3C-79124BA82019.jpeg" alt="1405E00D 2287 4DFD BD3C 79124BA82019 Power Metallic Defines High-Grade Maiden Resource at Lion Averaging ~3.9% CuEq, with &gt;85% Indicated and Significant Expansion Potential" width="1698" height="994"></p>
<p class="p1"><i>Sources: Canada Revenue Agency and Department of Finance Canada (Budget 2024, Budget 2025 and Bill C-15, Royal Assent March 26, 2026); Natural Resources Canada; Finances Québec (Budget 2025–2026 and Budget 2026–2027); Revenu Québec; Gouvernement du Québec; Hydro-Québec. Program terms are summarized for convenience only and are subject to the applicable legislation and regulations.</i></p>
<p>Power Metallic is evaluating the relevance of each of these programs to the Project and believes the Project qualifies for several of them. Eligibility for any program is subject to the applicable legislation, regulations and administrative determinations, and no assurance can be given that the Project will qualify for or receive any tax credit or incentive.</p>
<p><b>Next Steps</b></p>
<p>The MRE forms the basis for a Preliminary Economic Assessment (PEA). The PEA will evaluate an initial open pit followed by underground mining at Lion with processing options including the potential incorporation of Nisk Main feed. Additional work is being carried out on improving Nisk metallurgical recovery while preserving an efficient pathway to Lion development. Drilling completed since the MRE data cut-off (five rigs are currently active across the Nisk land package), with results expected from September 2026 onward, will be incorporated into future resource updates and into the PEA to the extent practicable.</p>
<p>A two-year environmental baseline survey program commenced in January 2026, following completion of a desktop study in April 2025. The first field season is being conducted from May to October 2026, with a second planned for summer 2027. To support completion within the planned two-year timeframe, the program has been designed to cover a broader area than is currently expected to be required, including a conservatively defined area for hydrological surveys. Its scope will continue to be reviewed as survey results are received and the project design evolves. The currently defined program is scheduled for completion in 2027 and is progressing in parallel with the technical studies to support preparation of the Environmental and Social Impact Assessment.</p>
<p>A technical report prepared in accordance with NI 43-101 in support of the MRE will be filed under the Company&#8217;s profile on SEDAR+ at <a href="http://www.sedarplus.ca/" target="_blank" rel="nofollow noopener">www.sedarplus.ca</a> within 45 days of the date of this news release.</p>
<p>With the updated Technical Report, Power Metallic will be able to submit the last requirement in its Nasdaq application process. The Company is applying for an American Depositary Receipt (ADR) on Nasdaq. This would enable Power Metallic to trade on Nasdaq via a multiple of its shares to meet the Nasdaq $4 threshold. The Company would expect to advise on its Nasdaq application in October.<br class="dnr" /><br class="dnr" /><b>6ix Presentation</b></p>
<p>Power Metallic will be hosting a webinar on Tuesday September 8th, 2026, at 12 noon (Eastern). It will be recorded for those who cannot attend. The link below will provide details how to attend the live event.</p>
<p><a href="https://6ix.com/event/power-metallic-mineral-resource-estimate-presentation" target="_blank" rel="nofollow noopener">https://6ix.com/event/power-metallic-mineral-resource-estimate-presentation</a></p>
<p><b>Qualified Persons</b></p>
<p>Marc-Antoine Laporte, P.Geo., of SGS Canada Inc., is the independent Qualified Person responsible for the MRE, as defined by NI 43-101, and has reviewed and approved the scientific and technical disclosure relating to the MRE in this news release. Joseph Campbell, P.Geo., VP Exploration of Power Metallic, is a Qualified Person as defined by NI 43-101 and has reviewed and approved the other scientific and technical information in this news release.</p>
<p><b>Cautionary Notes</b></p>
<p>Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The Company has not completed a PEA or any other economic study of the Nisk Project. The mining concepts described in this news release were used solely to establish reasonable prospects for eventual economic extraction for the purpose of reporting Mineral Resources; they do not constitute a mine plan or an economic analysis, and the mining sequence, production rate and mine life of any future operation have not been determined. This news release refers to other mineral deposits and mines, including in the Sudbury and Norilsk–Talnakh districts, solely to illustrate the depths to which magmatic sulphide mineralization has been mined elsewhere. The Company has no interest in those properties, and the mineralization on those properties is not necessarily indicative of the mineralization at the Nisk Project.</p>
<p><b>About Power Metallic Mines Inc.</b></p>
<p>Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade Copper–PGE, Nickel, gold and silver system—toward Canada&#8217;s next polymetallic mine.</p>
<p>On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~330 km² and roughly 50 km of prospective basin margins.</p>
<p>Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs. Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025.</p>
<p>It also owns 100% of Power Metallic Arabia which owns 100% interest in the Jabul Baudan exploration license in The Kingdom of Saudi Arabia&#8217;s Jabal Said Belt. The property encompasses over 200 square kilometres in an area recognized for its high prospectivity for copper gold and zinc mineralization. The region is known for its massive volcanic sulfide (VMS) deposits, including the world-class Jabal Sayid mine and the promising Umm and Damad deposit.</p>
<p><b>About SGS Canada Inc.</b></p>
<p>SGS is the world&#8217;s leading testing, inspection and certification company, with a network of over 2,500 laboratories and business facilities across 115 countries and a team of over 100,000 professionals. SGS Geological Services, based in Quebec City, Québec, provides ore body modelling and resource estimation, mine engineering, technical reports under NI 43-101, JORC and S-K 1300, and technical audits and due diligence, drawing on more than 45 years of geostatistical expertise and more than 1,600 consulting projects worldwide. SGS&#8217;s Metallurgical Centre of Excellence in Lakefield, Ontario has served the Canadian and global mining industry since 1941 and has completed more than 22,000 projects; together with SGS&#8217;s Quebec City laboratory, it carried out the Lion Zone metallurgical test work reported in this news release.</p>
<p><b>For further information, readers are encouraged to contact:<br class="dnr" /></b>Power Metallic Mines Inc.<br class="dnr" />The Canadian Venture Building<br class="dnr" />82 Richmond St East, Suite 202<br class="dnr" />Toronto, ON</p>
<p><i>Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.</i></p>
<p><b>Cautionary Note Regarding Forward-Looking Statements</b></p>
<p>This message contains certain statements that may be deemed &#8220;forward-looking statements&#8221; concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words &#8220;expects,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;intends,&#8221; &#8220;estimates,&#8221; &#8220;projects,&#8221; &#8220;potential,&#8221; &#8220;indicates,&#8221; &#8220;opportunity,&#8221; &#8220;possible&#8221; and similar expressions, or that events or conditions &#8220;will,&#8221; &#8220;would,&#8221; &#8220;may,&#8221; &#8220;could&#8221; or &#8220;should&#8221; occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for producing a PEA and for various drilling plans, including the benefits of drilling to further depth; the ability for inferred mineral resources to be upgraded to indicated mineral resources; the availability and criteria of various government tax credits and incentives for critical minerals and the risks that such incentives change; the ability to raise sufficient capital to fund expanded exploration and development efforts going forward and to conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of copper, nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company&#8217;s plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company&#8217;s operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry.</p>
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		<title>Knightscope Autonomous Security Force Extends to the Executive Suite</title>
		<link>https://pressreach.com/featured-news/knightscope-autonomous-security-force-extends-to-the-executive-suite</link>
		
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		<pubDate>Thu, 03 Sep 2026 18:21:54 +0000</pubDate>
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<div id="bw-release-subhead" class="press-release ui-kit-press-release-content overflow-hidden bw-release-subhead ui-kit-press-release__subhead top-container mt-6 lg:mt-10 font-figtree text-fontBasic font-medium leading-[1.4545em] text-xl lg:text-2xl"><i>New Field Brief for Chief Security Officers Details How the Executive Protection Agent Replaces the Fragmented, Per-Event Bodyguard Model with One Accountable System</i></div>
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<p>September 3, 2026 &#8212; <a href="https://knightscope.com/" target="_blank" rel="nofollow noopener" shape="rect">Knightscope, Inc.</a> (NASDAQ: KSCP), the security technology company building the nation’s first <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fknightscope.com%2Fblog%2Fwhat-is-autonomous-security-force&amp;esheet=54598133&amp;newsitemid=20260903459502&amp;lan=en-US&amp;anchor=Autonomous+Security+Force&amp;index=2&amp;md5=a81328cc2d998b6c27c66b669ff56133" target="_blank" rel="nofollow noopener" shape="rect">Autonomous Security Force</a>, today published “<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com%2Ffieldguides%2FASF04-Executive-Protection-Agent.pdf&amp;esheet=54598133&amp;newsitemid=20260903459502&amp;lan=en-US&amp;anchor=The+Executive+Protection+Agent&amp;index=3&amp;md5=9cc2d222ef7658216d50bc7bd05e63cd" target="_blank" rel="nofollow noopener" shape="rect">The Executive Protection Agent</a>,” a new field brief for Chief Security Officers, ahead of the Force’s live debut at GSX 2026, the Global Security Exchange, Booth #3905, September 14-16, 2026, at the Georgia World Congress Center in Atlanta. The Field Brief makes the case that protection for the most prominent people is broken and shows what an accountable system looks like instead.</p>
<p>Security leaders responsible for a principal answer for the safety of a person, not a perimeter, and for everyone and everything around them. Yet the standard model hands that accountability to a patchwork: bodyguards booked per event; the home, the vehicle, and the family covered separately by vendors that never talk to each other; and warning patterns forming in the gaps no one is watching. When something happens between engagements, the report lands on the security leader’s desk, not the vendor’s. As the Field Brief puts it: protection that only shows up when it is scheduled is not protection. It is theater.</p>
<p>The Executive Protection Agent closes that gap. Delivered as a licensed capability of the Autonomous Security Force, it puts the principal, the family, the home, and the assets under the same ASF-7 escalation model that governs every Knightscope machine and analyst, with Mission Intelligence extending verified, 24/7 monitoring to the principal’s location from a digital twin mapped before the Agent ever arrives. On the road or at a one-off event, the same judgment, accountability, and audit trail travel with the Agent.</p>
<p><em>“A bodyguard is a person. This is a capability,”</em> said William Santana Li, Founder, Chairman and CEO of Knightscope. <em>“CSOs don’t get to answer for outcomes only when a vendor happens to be on the clock &#8211; their name is on the report every time. We built the Force for people who carry that weight: one force, one contract, one command layer, one audit trail, and a watch that never has a gap between bookings.”</em></p>
<p>Engaging the Force begins with three steps: book a briefing and define who and what the security leader is accountable for &#8211; no demo, no pitch; Knightscope architects the protection, including the Agent or coordinated team, the coverage, and the command layer that ties it together; then the Force takes the watch &#8211; the same Agent stays on the relationship, continuously rather than episodically. The alternative is the status quo: unwatched gaps between bookings, warning signs nobody is positioned to see, and five vendors with zero accountability.</p>
<p>Knightscope serves 434 clients across 42 states, and to date the Company’s machines have logged more than 4.4 million autonomous hours in the field.</p>
<p>Security leaders can download “<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com%2Ffieldguides%2FASF04-Executive-Protection-Agent.pdf&amp;esheet=54598133&amp;newsitemid=20260903459502&amp;lan=en-US&amp;anchor=The+Executive+Protection+Agent&amp;index=4&amp;md5=8a778acfad14b4b802ea077f9bbf7a65" target="_blank" rel="nofollow noopener" shape="rect">The Executive Protection Agent</a>,” including the full three-step engagement plan, and are invited to <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Finfo.knightscope.com%2Fgsx-2026-vip&amp;esheet=54598133&amp;newsitemid=20260903459502&amp;lan=en-US&amp;anchor=reserve+time+in+advance&amp;index=5&amp;md5=da2cc2ff4dd9467f84f938665fa16421" target="_blank" rel="nofollow noopener" shape="rect">reserve time in advance</a> with the Knightscope team to discuss their needs in the Signals VIP Lounge at Booth #3905.</p>
<p><strong>About Knightscope</strong></p>
<p>Knightscope is a security technology company building the nation&#8217;s first Autonomous Security Force. As a managed service provider, the Company delivers autonomous machines, AI-driven software, and licensed security agents as one accountable operation, under one contract, to help protect people, property, and critical infrastructure. Knightscope&#8217;s long-term mission is to make the United States of America the safest country in the world. Learn more at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com%2F&amp;esheet=54598133&amp;newsitemid=20260903459502&amp;lan=en-US&amp;anchor=www.knightscope.com&amp;index=6&amp;md5=ace233a7d50a356cf0e07305f778724a" target="_blank" rel="nofollow noopener" shape="rect">www.knightscope.com</a>.</p>
<p><strong>Forward-Looking Statements</strong></p>
<p>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s goals, growth, prospects, product roadmap, and outlook, including expectations regarding the launch of the Autonomous Security Force, the Executive Protection Agent capability, and future financial performance. Actual results may differ materially due to the risks and uncertainties described under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.</p>
<p id="mmgallerylink">View source version on businesswire.com: <a href="https://www.businesswire.com/news/home/20260903459502/en/" target="_blank" rel="nofollow noopener">https://www.businesswire.com/news/home/20260903459502/en/</a></p>
<p>Contacts:</p>
<p><strong>Public Relations</strong><br />
<a href="mailto:pr@knightscope.com" rel="nofollow" shape="rect">pr@knightscope.com</a><br />
Knightscope, Inc.<br />
(650) 924-1025 ext. 6</p>
<p>Source: Knightscope, Inc.</p>
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<p class="disclaimer-txt" style="text-align: left;"><i><span style="font-weight: 400;">Featured Image @ Knightscope, Inc.</span></i></p>
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		<title>ZenaTech’s ZenaDrone Advances Precision Agriculture Solutions with Initial Prototype and Start of Testing of IQ Octo Designed for Autonomous Drone-Based Spraying and Seeding</title>
		<link>https://pressreach.com/featured-news/zenatechs-zenadrone-advances-precision-agriculture-solutions-with-initial-prototype</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Thu, 03 Sep 2026 16:56:53 +0000</pubDate>
				<category><![CDATA[Drones]]></category>
		<category><![CDATA[Featured News]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[drones]]></category>
		<category><![CDATA[robotics]]></category>
		<category><![CDATA[tech]]></category>
		<category><![CDATA[technology]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206966</guid>

					<description><![CDATA[<figure><img width="1200" height="675" src="https://pressreach.com/wp-content/uploads/2026/09/ZENA-PR-6-1200x675.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ZENA PR 6 ZenaTech’s ZenaDrone Advances Precision Agriculture Solutions with Initial Prototype and Start of Testing of IQ Octo Designed for Autonomous Drone-Based Spraying and Seeding" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Medium-sized, eight-motor autonomous drone joins the IQ Series and ZenaTech’s Drone as a Service for planned precision agriculture and solar maintenance applications VANCOUVER, British Columbia, Sept. 03, 2026 &#8211; ZenaTech, Inc. (NASDAQ:ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and &#8230; <a href="https://pressreach.com/featured-news/zenatechs-zenadrone-advances-precision-agriculture-solutions-with-initial-prototype" class="more-link">Continue reading<span class="screen-reader-text"> "ZenaTech’s ZenaDrone Advances Precision Agriculture Solutions with Initial Prototype and Start of Testing of IQ Octo Designed for Autonomous Drone-Based Spraying and Seeding"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="675" src="https://pressreach.com/wp-content/uploads/2026/09/ZENA-PR-6-1200x675.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ZENA PR 6 ZenaTech’s ZenaDrone Advances Precision Agriculture Solutions with Initial Prototype and Start of Testing of IQ Octo Designed for Autonomous Drone-Based Spraying and Seeding" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p style="text-align: center;"><strong>Medium-sized, eight-motor autonomous drone joins the IQ Series and ZenaTech’s Drone as a Service for planned precision agriculture and solar maintenance applications</strong></p>
<p>VANCOUVER, British Columbia, Sept. 03, 2026 &#8211; <a href="https://www.zenatech.com/" target="_blank" rel="noopener"><strong>ZenaTech, Inc.</strong></a> (NASDAQ:ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its ZenaDrone subsidiary has completed an initial Version 1 prototype of the IQ Octo, its new autonomous drone purpose-built for precision spraying and seeding via Drone as a Service. The IQ Octo is designed to precisely apply fertilizers and crop-protection products and to distribute seeds, helping farmers reduce input costs, avoid crop damage and soil compaction, access difficult terrain, and improve the efficiency of planting and treatment operations. The IQ Octo Version 1 is expected to begin field testing at the company’s Arizona facility in the coming weeks.</p>
<p><em>“Precision agriculture is one of the fastest-growing sectors in the drone industry, with market analysts predicting over 30% annual growth over the next five years,” </em>said Shaun Passley, Ph.D., CEO of ZenaTech.<em> “Extending our ZenaDrone IQ Series into autonomous spraying and seeding positions our Drone as a Service business to capture a meaningful share of this expanding market. We believe the new IQ Octo, and the recurring service and data opportunities it can create, represents a compelling long-term value driver for both future customers and our shareholders as we continue to diversify our autonomous drone and services portfolio.”</em></p>
<p>The IQ Octo Version 1 is a medium-sized autonomous drone built on an octocopter design with eight motors, part of ZenaDrone’s growing IQ Series. Battery powered, it is designed to fly for approximately 20 to 25 minutes per charge and to carry a payload of up to 25 kilograms of seeds or liquid. In addition to spraying and seeding, the platform’s Version 2 is expected to support solar panel maintenance applications, swarm capability, automated refilling, and a folding design. Depending on the mission, the agricultural configuration will either carry a liquid tank equipped with spray nozzles, or a hopper with a spreader for seeds. Following a programmed flight path, the drone is designed to fly low over fields and automatically apply liquid treatments or distribute seeds at controlled rates with even coverage.</p>
<p>Farmers use drones for spraying and seeding because they can apply products precisely where and when they are needed, including in wet fields, difficult terrain, and areas with standing crops. This can reduce chemical, seed, water, fuel, and labor requirements; prevent soil compaction and crop damage from heavy machinery; improve worker safety; and enable faster, more targeted treatment as part of a broader precision agriculture system.</p>
<p>The Company will provide further updates as additional development and testing milestones for the IQ Octo are achieved.</p>
<p><strong>About ZenaTech</strong></p>
<p><a class="inline" href="https://www.globenewswire.com/Tracker?data=kse2z7VS8hbaLOC9mrKrFejZfvFuOx9m-wvCtlANFn4JaFOKOeHD0_1ID6noOjAErMbrIxEypMieRrkSxBCdqQ==" target="_blank" rel="nofollow noopener"><u>ZenaTech</u></a>, Inc. (NASDAQ:ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global <a class="inline" href="https://www.globenewswire.com/Tracker?data=hRrYbzGvnbhI_eXG2buxtz5DzPvWJnMQ2TYgPistnNEoJMvMXRKQr5mZhuWhL-s670v0R85Bn8tmeOygA_W37SIz28MKylVGOD2vW9Y1xxM=" target="_blank" rel="nofollow noopener"><u>Drone as a Service</u></a> (DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for applications such as agriculture and logistics, as well as ISR, cargo, and counter-UAS for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&amp;D initiatives.</p>
<p><strong>About ZenaDrone</strong></p>
<p>ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio under development includes the <a class="inline" href="https://www.globenewswire.com/Tracker?data=b-yuXFZCQ_ALy0V-hA36UtZNmMUHFUpA1Cg44bXJdFb0iRiCrkKLm6i6Bw-q9fqXTh3oD31WwjAwq7Z8wcEJwkp2qSnTZTVqvoiid8HjkvYJQHRP_3dTApqkJAkFgfCY" target="_blank" rel="nofollow noopener"><u>ZenaDrone 1000</u></a> for ISR defense and specialized cargo, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=fRSYY7kZSA6-Fg16h8bfLFDZDK5jmVQE-zDtOLg_h7W0fu2vTIG9qALJKvqZRpL1DaEoXZi97Hgp0MeZTdddv7dQT-hHO5hS8G9jI7ZRVQ4w1duqN--BVgFODJEqns6U" target="_blank" rel="nofollow noopener"><u>IQ Nano</u></a> for indoor inventory management and security, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=uafrErRBNFxNzjhJKVh0NR-QkwLrgvJFDnRcAGQPMOQLX6uFPKNOVDc8EaENoqFcLEJgWu0ijwukVUob4w_HbHdor-0NBXPZ2JorD8xGdIyJnmt2CiCYPwI72H27ebTO" target="_blank" rel="nofollow noopener"><u>IQ Square</u></a> for outdoor inspections and maintenance, the <a class="inline" href="https://www.globenewswire.com/Tracker?data=Iy4pYVjAFUEww29ZRvlUQ6-M4vvbCqLeTogK8sJU6cnCW5qTFIHoKL8SjRK9IZi5SC6LQALqCijKazCGZiXXX7aibv6rSdF8FdMfjzouo1M=" target="_blank" rel="nofollow noopener"><u>IQ Quad</u></a> for land surveying, the IQ Aqua, for underwater applications, and the IQ Octo for precision agriculture. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.</p>
<p><strong>Contacts for more information:</strong></p>
<p><strong>Company, Investors and Media:</strong><br />
Linda Montgomery<br />
ZenaTech<br />
312-241-1415</p>
<p><strong>Investors:</strong><br />
Michael Mason<br />
CORE IR<br />
<a class="inline" href="https://www.globenewswire.com/Tracker?data=g2wsm1jY1sV2Wz_j9XHAGAXaCKiteyF24LzxvFoE0F7CZtsVFnjQlPzy7mKP8rpVR7YEt46ThV9jxIg01mD48u9AkNr5PjWYd8AW_oWxk80=" target="_blank" rel="nofollow noopener">investors@zenatech.com</a></p>
<p><strong>Safe Harbor</strong></p>
<p>This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech&#8217;s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Nano, IQ Square, IQ Quad, IQ Aqua, IQ Octo, IQ Glider, IQ Sphere, ZenaDrone 2000, Interceptor P-1 ; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.</p>
<p class="disclaimer-txt" style="text-align: left;"><em>Featured Image @ ZenaTech, Inc.</em></p>
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		<title>Gold X2 Announces NYSE American Listing Approval and Extension of Deadline for Annual General Meeting of Shareholders</title>
		<link>https://pressreach.com/featured-news/gold-x2-announces-nyse-american-listing-approval-and-extensions-of-deadline-for-annual-general-meeting-of-shareholders</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Wed, 02 Sep 2026 14:30:27 +0000</pubDate>
				<category><![CDATA[Featured News]]></category>
		<category><![CDATA[Mining]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206946</guid>

					<description><![CDATA[<figure><img width="1200" height="673" src="https://pressreach.com/wp-content/uploads/2026/09/11810-1-1-1200x673.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="11810 1 1 Gold X2 Announces NYSE American Listing Approval and Extension of Deadline for Annual General Meeting of Shareholders" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Vancouver, British Columbia&#8211;(September 2, 2026) &#8211; Gold X2 Mining Inc. (TSXV:AUXX) (OTCQB:GSHRF) (FSE:DF80) (&#8220;Gold X2&#8221; or the &#8220;Company&#8220;) announces that its common shares (&#8220;Common Shares&#8220;) have been approved for listing on the NYSE American LLC (the &#8220;NYSE American&#8220;). The Common Shares are expected to begin trading on the NYSE American under symbol &#8220;AUXX&#8221; on September 8, &#8230; <a href="https://pressreach.com/featured-news/gold-x2-announces-nyse-american-listing-approval-and-extensions-of-deadline-for-annual-general-meeting-of-shareholders" class="more-link">Continue reading<span class="screen-reader-text"> "Gold X2 Announces NYSE American Listing Approval and Extension of Deadline for Annual General Meeting of Shareholders"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="673" src="https://pressreach.com/wp-content/uploads/2026/09/11810-1-1-1200x673.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="11810 1 1 Gold X2 Announces NYSE American Listing Approval and Extension of Deadline for Annual General Meeting of Shareholders" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>Vancouver, British Columbia&#8211;(September 2, 2026) &#8211; <a href="https://goldx2.com/" target="_blank" rel="noopener">Gold X2 Mining Inc.</a> <b>(TSXV:AUXX) (OTCQB:GSHRF) (FSE:DF80)</b> (&#8220;<b>Gold X2</b>&#8221; or the &#8220;<b>Company</b>&#8220;) announces that its common shares (&#8220;<b>Common Shares</b>&#8220;) have been approved for listing on the NYSE American LLC (the &#8220;<b>NYSE American</b>&#8220;).</p>
<p>The Common Shares are expected to begin trading on the NYSE American under symbol &#8220;AUXX&#8221; on September 8, 2026 or as soon thereafter as is permissible pursuant to applicable exchange rules and securities laws. Current shareholders of the Company do not need to take any action prior to the Company&#8217;s expected listing on the NYSE American. Concurrent with the start of trading on the NYSE American, the Common Shares will cease trading on the OTCQB. The Common Shares will continue trading on the TSX Venture Exchange (&#8220;<b>TSXV</b>&#8220;) under ticker symbol &#8220;AUXX&#8221;.</p>
<p><em>&#8220;Listing on the NYSE American represents an important milestone for Gold X2 as we continue to broaden our investor base and increase the Company&#8217;s visibility in the U.S. capital markets,&#8221;</em> said Michael Henrichsen, CEO and Director of Gold X2. <em>&#8220;Access to the world&#8217;s largest and most liquid equity market is expected to significantly enhance our exposure to U.S. institutional and retail investors while providing a stronger platform to unlock the value of the Moss Gold Project. The Moss Deposit is located in Ontario, Canada, one of the world&#8217;s premier mining jurisdictions, and benefits from exceptional existing infrastructure, including the Trans-Canada Highway and high-voltage power transmission lines within 12 kilometers of the deposit.&#8221;</em></p>
<p>The Company also announces that the British Columbia Registrar of Companies and the TSXV have granted the Company an extension to hold its annual general meeting of shareholders for 2026 (the &#8220;<b>AGM</b>&#8220;), which it was originally required to hold by September 26, 2026. The Company is now required to hold the AGM by January 26, 2027.</p>
<p><u><b>About Gold X2 Mining</b></u></p>
<p>Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. The Company&#8217;s current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The 2026 updated National Instrument 43-101 &#8211; <i>Standards of Disclosure for Mineral Projects</i> (&#8220;<b>NI 43-101</b>&#8220;) mineral resource estimate (&#8220;<b>MRE</b>&#8220;) for the Moss and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 1.04 g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment (&#8220;<b>PEA</b>&#8220;) of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company&#8217;s website and under the Company&#8217;s issuer profile on SEDAR+. For more information, please visit SEDAR+ (<a href="https://api.newsfilecorp.com/redirect/jNaArHrPN1" target="_blank" rel="noopener">www.sedarplus.ca</a>) and the Company&#8217;s website (<a href="https://api.newsfilecorp.com/redirect/vEaZ5iDOz3" target="_blank" rel="noopener">www.goldx2.com</a>).</p>
<p>Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer, of the Company, and a qualified person under NI 43-101, has approved the scientific and technical information contained in this news release.</p>
<p><b>For More Information &#8211; Please Contact:</b></p>
<div id="contactInfo">
<p>Michael Henrichsen<br />
President, Chief Executive Officer and Director<br />
Gold X2 Mining Inc.<br />
E: <a href="mailto:mhenrichsen@goldx2.com">mhenrichsen@goldx2.com</a><br />
W: <a href="https://api.newsfilecorp.com/redirect/Jkp1RHAmo0" target="_blank" rel="noopener">www.goldx2.com</a><u></u><br />
T: 1-604-404-4335</p>
</div>
<p><i>Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.</i></p>
<p><i><b>Cautionary Statements regarding Forward-Looking Information</b></i></p>
<p><i>This news release contains &#8220;forward-looking information&#8221; and &#8220;forward-looking statements&#8221; (together, &#8220;forward-looking statements&#8221;) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as &#8220;expects&#8221;, or &#8220;does not expect&#8221;, &#8220;is expected&#8221;, &#8220;anticipates&#8221; or &#8220;does not anticipate&#8221;, &#8220;plans&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;forecasts&#8221;, &#8220;estimates&#8221;, &#8220;believes&#8221; or &#8220;intends&#8221; or variations of such words and phrases or stating that certain actions, events or results &#8220;may&#8221; or &#8220;could&#8221;, &#8220;would&#8221;, &#8220;might&#8221; or &#8220;will&#8221; be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.</i></p>
<p><i>In this news release, forward-looking statements relate to, among other things, statements regarding the Company&#8217;s expectations for the listing and trading of the Common Shares on the NYSE American and the timing thereof, the NYSE American listing enhancing the Company&#8217;s investor base, including exposure to U.S. institutional and retail investors, increasing the Company&#8217;s visibility in the U.S. capital markets and providing a stronger platform to unlock the value of the Moss Gold Project, Gold X2 being a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions, the Company&#8217;s current focus being the advanced stage 100% owned Moss Gold Project and the results, interpretations and conclusions of the PEA, including that the PEA suggests the potential for the Moss Deposit to support a long-life mining operation with a strong production profile and low production costs. These forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements regarding production targets, economic results and mine life are derived from and subject to the assumptions and limitations of the PEA and are inherently uncertain.</i></p>
<p><i>Forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date hereof, are inherently subject to significant business, economic, technical and competitive uncertainties and contingencies. Such assumptions include, without limitation: assumptions underlying the PEA mine plan and schedule, pit slope angles and geotechnical parameters; accuracy of mineral resource estimates (including grade, tonnage and geometry) and metallurgical recovery estimates from available testwork; the availability of contractors, equipment, materials and skilled labor when required and at estimated costs; cost inflation trends and the accuracy of capital and operating cost estimates; continued access to necessary infrastructure, power and water at estimated costs and timelines; assumptions regarding commodity prices (including gold and silver), foreign exchange rates and discount rates; the interpretation of drilling, sampling, metallurgical and other technical data; the timing of, and ability to obtain and maintain, required permits, licenses and approvals; successful completion of environmental and regulatory processes; constructive engagement and outcomes with Indigenous Peoples and other rights-holders and stakeholders; stable and supportive regulatory frameworks; availability of financing on acceptable terms; and the absence of material adverse changes in general economic, market or political conditions and in applicable law, including tax and royalty regimes.</i></p>
<p><i>Risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements include, without limitation: uncertainties inherent in preliminary economic assessments and in the estimation of mineral resources (including the inclusion of inferred mineral resources), metallurgical recoveries and geotechnical parameters; changes in mine plans, schedules and cost estimates; commodity price and foreign exchange volatility; inflationary pressures and supply chain disruptions; risks related to permitting, environmental assessment and other regulatory approvals and conditions; the outcome of engagement with Indigenous Peoples and other rights-holders and stakeholders and the potential for delays or conditions arising therefrom; availability and cost of power, water, infrastructure, equipment, materials and skilled labor; financing risks and access to capital on acceptable terms; climate, weather and other operating risks typical of mining projects; title, surface rights and access risks; environmental, health and safety risks; changes in laws, regulations, policies and enforcement (including taxes and royalties); potential litigation; and other risks set out in the Company&#8217;s continuous disclosure filings available under the Company&#8217;s profile on SEDAR+ in Canada. Readers are cautioned that the foregoing list of assumptions, risks and uncertainties is not exhaustive.</i></p>
<p><i>Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are made as of the date hereof. Gold X2 expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.</i></p>
<p><em>Featured Image @ Freepik</em></p>
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		<title>Knightscope Leaders to Take the Stage at GSX 2026</title>
		<link>https://pressreach.com/featured-news/knightscope-leaders-to-take-the-stage-at-gsx-2026</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 17:15:45 +0000</pubDate>
				<category><![CDATA[Featured News]]></category>
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		<category><![CDATA[Knightscope Inc.]]></category>
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					<description><![CDATA[<figure><img width="1200" height="675" src="https://pressreach.com/wp-content/uploads/2026/09/120663-1200x675.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="120663 Knightscope Leaders to Take the Stage at GSX 2026" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Founder, Chairman &#38; CEO William Santana Li and Security Force President Eric Rose to Present “Robots and Humans in Security: Where the Lines Intersect and What Comes Next” at GSX in Atlanta SUNNYVALE, Calif.&#8211;September 1st, 2026&#8211;Knightscope, Inc. (NASDAQ: KSCP), the security technology company building the nation’s first Autonomous Security Force, today announced that its leadership will take &#8230; <a href="https://pressreach.com/featured-news/knightscope-leaders-to-take-the-stage-at-gsx-2026" class="more-link">Continue reading<span class="screen-reader-text"> "Knightscope Leaders to Take the Stage at GSX 2026"</span></a>]]></description>
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<p class="bwalignc"><i>Founder, Chairman &amp; CEO William Santana Li and Security Force President Eric Rose to Present “Robots and Humans in Security: Where the Lines Intersect and What Comes Next” at GSX in Atlanta</i></p>
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<p>SUNNYVALE, Calif.&#8211;September 1st, 2026&#8211;<a href="https://knightscope.com/" target="_blank" rel="nofollow noopener" shape="rect">Knightscope, Inc.</a> (NASDAQ: KSCP), the security technology company building the nation’s first <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fknightscope.com%2Fblog%2Fwhat-is-autonomous-security-force&amp;esheet=54596742&amp;newsitemid=20260901393998&amp;lan=en-US&amp;anchor=Autonomous+Security+Force&amp;index=2&amp;md5=7140abec3f1b7c2057473cb37522ebd5" target="_blank" rel="nofollow noopener" shape="rect">Autonomous Security Force</a>, today announced that its leadership will take the stage at GSX 2026, the Global Security Exchange, September 14-16, 2026, at the Georgia World Congress Center in Atlanta, where the Company will also debut the Autonomous Security Force at Booth #3905.</p>
<p>On Tuesday, September 15, at 10:00 a.m. ET in Room B306, Chairman and CEO William Santana Li and Eric J Rose, President, Security Force at Knightscope, will present “<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fgsx26.mapyourshow.com%2F8_0%2Fsessions%2Fsession-details.cfm%3Fscheduleid%3D458&amp;esheet=54596742&amp;newsitemid=20260901393998&amp;lan=en-US&amp;anchor=Robots+and+Humans+in+Security%3A+Where+the+Lines+Intersect+and+What+Comes+Next&amp;index=3&amp;md5=fe9c60c5f9acbc2964634db6f92d102c" target="_blank" rel="nofollow noopener" shape="rect">Robots and Humans in Security: Where the Lines Intersect and What Comes Next</a>,” an All Access education session in the Site Security track, supported by the ASIS Future Operations Center Interest Group. The panel pairs two complementary perspectives &#8211; a security leader with decades of experience deploying protective personnel and a Silicon Valley CEO building autonomous security capabilities at scale &#8211; to examine where human-led programs excel, where automation strengthens coverage, and where both break down without strong oversight. Attendees will leave with a clear framework for evaluating which tasks should remain human-driven, which can be technology-enabled, and how layered security designs improve outcomes across environments, from static posts to mobile coverage and remote support.</p>
<p><em>“Machines don’t replace judgment, and people shouldn’t be assigned to work a machine does better,”</em> said William Santana Li, Founder, Chairman and CEO of Knightscope. <em>“GSX is where the industry decides what the next decade of security operations looks like, and we intend to have that conversation out loud, on stage, with the people who carry that responsibility every day.”</em></p>
<p>The session anchors Knightscope’s full presence in Atlanta. The Company is also sponsoring Secure Horizons, the ASIS International CSO Center’s exclusive two-day program for senior security executives, held September 12-13 ahead of the exhibition. The Company will host private demonstrations of the Autonomous Security Force in the Signals VIP Lounge at Booth #3905.</p>
<p>Knightscope serves 434 clients across 42 states, and to date the Company’s machines have logged more than 4.4 million autonomous hours in the field.</p>
<p>Full session and speaker details are available on the GSX website: the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fgsx26.mapyourshow.com%2F8_0%2Fsessions%2Fsession-details.cfm%3Fscheduleid%3D458&amp;esheet=54596742&amp;newsitemid=20260901393998&amp;lan=en-US&amp;anchor=session+page&amp;index=4&amp;md5=a84c03e86dfae5d328271ee10e5651f7" target="_blank" rel="nofollow noopener" shape="rect">session page</a>, <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fgsx26.mapyourshow.com%2F8_0%2Fsessions%2Fspeaker-details.cfm%3Fspeakerid%3D377&amp;esheet=54596742&amp;newsitemid=20260901393998&amp;lan=en-US&amp;anchor=William+Santana+Li&amp;index=5&amp;md5=7946ba065fd94f398cdc63bbc6b83e6c" target="_blank" rel="nofollow noopener" shape="rect">William Santana Li</a>, and <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fgsx26.mapyourshow.com%2F8_0%2Fsessions%2Fspeaker-details.cfm%3Fspeakerid%3D378&amp;esheet=54596742&amp;newsitemid=20260901393998&amp;lan=en-US&amp;anchor=Eric+Rose&amp;index=6&amp;md5=d5354e357b2157130e448c2bdb132924" target="_blank" rel="nofollow noopener" shape="rect">Eric Rose</a>.</p>
<p><strong>About Knightscope</strong></p>
<p>Knightscope is a security technology company building the nation&#8217;s first Autonomous Security Force. As a managed service provider, the Company delivers autonomous machines, AI-driven software, and licensed security agents as one accountable operation, under one contract, to help protect people, property, and critical infrastructure. Knightscope&#8217;s long-term mission is to make the United States of America the safest country in the world. Learn more at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.knightscope.com%2F&amp;esheet=54596742&amp;newsitemid=20260901393998&amp;lan=en-US&amp;anchor=www.knightscope.com&amp;index=7&amp;md5=65b4c347b3f3116851bb145ec3ccb5cb" target="_blank" rel="nofollow noopener" shape="rect">www.knightscope.com</a>.</p>
<p><strong>Forward-Looking Statements</strong></p>
<p>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s goals, growth, prospects, product roadmap, and outlook, including expectations regarding K7 deployments, the launch of the Autonomous Security Force, the Signals platform, the K1 Super Tower, the K1 Capsule, the H1 Augmented Security Agent wearable currently in development, and future financial performance. Actual results may differ materially due to the risks and uncertainties described under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.</p>
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<h2 class="block font-figtree whitespace-pre-line [&amp;_a]:underline [&amp;_a]:decoration-tertiaryBright [&amp;_a:hover]:no-underline text-primary [&amp;_a]:text-primary text-2xl leading-[1.27em] lg:leading-[1.45em] font-semibold ui-kit-press-release-contacts__headline">Contacts</h2>
<div id="bw-release-contact-1" class="press-release ui-kit-press-release-content overflow-hidden ui-kit-press-release-contacts__content font-oxygen text-base font-normal [&amp;_a]:underline [&amp;_a:hover]:no-underline [&amp;_a]:truncate [&amp;_a]:inline-block [&amp;_a]:max-w-full [&amp;_a]:!pr-0.5 [&amp;_a]:align-bottom [&amp;_p:not(:last-child)]:mb-10 leading-[1.625em]">
<p class="bwalignl"><b>Public Relations</b><br />
<a href="mailto:pr@knightscope.com" target="_blank" rel="nofollow noopener">pr@knightscope.com</a><br />
Knightscope, Inc.<br />
(650) 924-1025 ext. 6</p>
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<p class="disclaimer-txt" style="text-align: left;"><i><span style="font-weight: 400;">Featured Image @ Knightscope, Inc.</span></i></p>
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		<title>Auddia Announces Influence Healthcare’s First Specialty Hospital LOI, Marking a Major Milestone in the Company’s Healthcare Expansion</title>
		<link>https://pressreach.com/featured-news/auddia-announces-influence-healthcares-first-specialty-hospital-loi-marking-a-major-milestone-in-the-companys-healthcare-expansion</link>
		
		<dc:creator><![CDATA[PressReach]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 17:12:44 +0000</pubDate>
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					<description><![CDATA[<figure><img width="1200" height="675" src="https://pressreach.com/wp-content/uploads/2026/09/100248-1-1200x675.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="100248 1 Auddia Announces Influence Healthcare’s First Specialty Hospital LOI, Marking a Major Milestone in the Company’s Healthcare Expansion" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>&#160; Auddia Announces Influence Healthcare’s First Specialty Hospital LOI, Marking a Major Milestone in the Company’s Healthcare Expansion Secures 24,000-square-foot Texas specialty hospital with four operating rooms LOI establishes Influence Healthcare occupancy of the hospital no later than June 1, 2027 Each OR is expected to drive $5M to $10M in annual revenue in support &#8230; <a href="https://pressreach.com/featured-news/auddia-announces-influence-healthcares-first-specialty-hospital-loi-marking-a-major-milestone-in-the-companys-healthcare-expansion" class="more-link">Continue reading<span class="screen-reader-text"> "Auddia Announces Influence Healthcare’s First Specialty Hospital LOI, Marking a Major Milestone in the Company’s Healthcare Expansion"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="675" src="https://pressreach.com/wp-content/uploads/2026/09/100248-1-1200x675.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="100248 1 Auddia Announces Influence Healthcare’s First Specialty Hospital LOI, Marking a Major Milestone in the Company’s Healthcare Expansion" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>&nbsp;</p>
<p class="text-base md:text-lg text-foreground/70 italic leading-relaxed mb-10">Auddia Announces Influence Healthcare’s First Specialty Hospital LOI, Marking a Major Milestone in the Company’s Healthcare Expansion</p>
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<p align="center">Secures 24,000-square-foot Texas specialty hospital with four operating rooms</p>
<p align="center"><em>LOI establishes Influence Healthcare occupancy of the hospital no later than June 1, 2027</em></p>
<p align="center"><em>Each OR is expected to drive $5M to $10M in annual revenue in support of Influence Healthcare’s high margin business model</em></p>
<p>BOULDER, Colo., Sept. 01, 2026 &#8212; <a href="https://www.auddia.com/" target="_blank" rel="noopener">Auddia Inc.</a> (NASDAQ:AUUD) (“Auddia” or the “Company”), an AI-first technology company pursuing a merger to form McCarthy Finney, an AI native operating company, today announced that Influence Healthcare has signed a Letter of Intent (LOI) to sublease, and ultimately assume the master lease of, a specialty hospital located in the Dallas Fort Worth MSA. The facility is 24,000 square feet, has four operating rooms, and will serve as Influence Healthcare’s first operational hospital, focused on spine and orthopedic surgery, marking a major milestone in the company’s growth strategy.</p>
<p>Influence Healthcare is one of three businesses expected to join Auddia as part of its proposed business combination with Thramann Holdings, LLC, which would result in the formation of McCarthy Finney. This milestone provides an early example of the operating progress underway within the businesses expected to comprise McCarthy Finney.</p>
<p><em>“This LOI represents a foundational moment for Influence Healthcare,”</em> said <strong>Jeff Thramann, M.D., CEO of Auddia and Founder of Influence Healthcare</strong>. <em>“Securing our first specialty hospital accelerates our ability to generate revenue, build our surgical network, and demonstrate the scalability of our value-based care model. With specialty hospital ORs for spine and orthopedics generating $5M to $10M per year on average, the size and location of this facility is ideal for our initial spine and orthopedic focus. The lease, which is expected to be signed within the next 60 days, positions us for meaningful revenue growth in 2027 and beyond.”</em></p>
<p>Under the LOI, Influence Healthcare will begin operating the hospital upon delivery of the premises, which is expected no later than June 1, 2027. The agreement provides a structured pathway for Influence Healthcare to transition from an initial sublease into a full assignment of the master lease, which runs through January 24, 2036, upon meeting defined operational, financial, and regulatory performance criteria. These include minimum surgical case volumes, surgeon panel requirements, payer contracting, hospital licensing, and liquidity thresholds.</p>
<p><strong>Influence Healthcare Brings AI-Enabled Operations to Specialty Care</strong></p>
<p>Influence Healthcare’s entry into hospital operations marks the first real-world deployment of its <a title="physician-led, AI-enabled, value-based care model" href="https://www.globenewswire.com/Tracker?data=SicjSofzrc5B9pZrx8w33mlOT7uG88SBNED3CnGYfXDYD8oMQ64QRUdbXiLwsKXox3eJWaMoeUxkxG2cZTjgw18WrOMeEf_IWlSlFwd1kqbuJrMZdhRqsAixSWtS1CBA3O-HhIdOJ7GTpBDuugrrv3ACRuWEuhRzCTPeQvAjuzMFCnmMYfTgpSUey7RrMmWEitTgI7smdHUdH58c-RxKCETRG0GFiejx7qleSzvXqvCCKbwoJfa2R15Uk2a9aOmjsVXfBVTYBJ8B0CGIE1jZ0NELNmglNHPAiwN90-KYjVA=" target="_blank" rel="nofollow noopener">physician-led, AI-enabled, value-based care model</a>. The company is pursuing vertically integrated hospitals where AI streamlines critical clinical, administrative, and operational workflows including clinical documentation, coding and billing, prior authorization, care coordination, and supply chain logistics, while surgeons are empowered to practice with greater autonomy, less administrative drag, and greater control over clinical quality and value.</p>
<p>Securing its first hospital represents a critical transition from concept to execution as Influence Healthcare is now positioned to prove that AI-driven operations and surgeon-led governance can deliver superior outcomes at lower cost.</p>
<p>The hospital will operate as part of a Value Based Enterprise under Influence Healthcare’s physician-aligned VBC model while maintaining compliance with all licensing, accreditation, and regulatory requirements outlined in the LOI. The facility includes full hospital infrastructure, parking access, signage rights, and the ability to assume all permits and licensed beds upon assignment.</p>
<p>For information about Influence Healthcare, please visit <a title="" href="https://www.globenewswire.com/Tracker?data=OhD1XXv0ebH3OCtD8A1nQqpLZ9e2Yiq9pFTDIIv9Ov5BawsK895hjxFN7BJ-Ab_YlCuAjZsFWQm572lnublsqvoVjKDEf5CY8RM4KfuNUmkNzuTtUFstv9huLjPH0fpE" target="_blank" rel="nofollow noopener"><u>www.influencehealthcare.com</u></a></p>
<p><strong>About the Merger to form McCarthy Finney</strong></p>
<p>Auddia entered into a definitive merger agreement on February 17, 2026. The merger contemplates a business combination between Auddia Inc. and Thramann Holdings, LLC, a single member Colorado LLC. Thramann Holdings fully owns LT350, Influence Healthcare, and Voyex, three early-stage AI native operating companies. Upon merger completion, Auddia will change its name to McCarthy Finney and trade under the ticker MCFN. McCarthy Finney is an AI holding company that will deliver AI and Web3 services to its four portfolio companies: LT350, Influence Healthcare, Voyex, and Auddia.</p>
<ul type="disc">
<li><a title="" href="https://www.globenewswire.com/Tracker?data=RwMhasX0j0q02LXalwZhuWrnlWcxIhDMFAPl-WF42I2zzkkZtQRz_rxIyLAR9N82ZGLA5y9hqRBsPk-Q025rd9YlvZsfWvxxfWeyBqMgFH1qOdqRxkgYdW_QiEXaOYUG7Dn8Y0wHCvRFws5iQeKO9ej3_uY5hSGPzuSZLWXoV_sLm3yk_bxsR53YE2lvEq51LT6HpOV33XarPbBLxPc552cv3QKqV_KpbzFHpcQESxA=" target="_blank" rel="nofollow noopener"><strong><u>LT350</u></strong></a> is a distributed AI data center company with 13 issued, 1 allowed, and 2 pending patents on a proprietary solar parking lot canopy infrastructure platform that integrates modular battery storage and GPU cartridges into the ceiling of the canopy to turn any parking lot into an AI data center. The Company aims to build the most secure, lowest latency, cost- effective, and rapidly deployed network of distributed AI data centers at the edge by leveraging the use of underutilized parking lot space while strengthening the existing power infrastructure of local utilities.</li>
<li><a title="" href="https://www.globenewswire.com/Tracker?data=RwMhasX0j0q02LXalwZhuf_5gIKguUZ5P8xiq8yJhG7qBnAqa7EQ_-7LxSWM5BP0wU6gA57faGKsx02JSSu4cANPJcPE2BSnRJEKJMUBKrDx5G_vAT8y69Z4NZ8iUKrPBiQ6jSnRYAeTX8h6lOvgLKnVU10BWi47HxfMR_mkriwgMl6Z6g6pcQ1qUsJPkcXK3-YpwuuSp4hVX1sVWU0RaXykCDQmsVB-IBGsFjd9czf0RodQB0nzVSgT6qI1bfvaWtQwBpCpeDKz_6cD58vd7g==" target="_blank" rel="nofollow noopener"><strong><u>Influence Healthcare</u></strong></a> is a health-tech company leveraging AI, blockchain, and vertical integration to empower surgeons to drive adoption of value-based care (VBC) to the surgical specialties. The Company’s mission is to leverage technology and value based enterprises (VBEs) to build an alternative healthcare system that minimizes the corporate practice of medicine, eliminates administrative waste, and enhances the autonomy and pay of health care providers to empower them to improve quality and return the patient physician relationship to the center of medicine.</li>
<li><a title="" href="https://www.globenewswire.com/Tracker?data=RwMhasX0j0q02LXalwZhuSttWCVUuUz_QsbWjy11rKk-PxaeJs0bsOAWo9Euq4Y-4tVDDtMhb94q1moKLAaxkXrwF6PqC83CLrvNuJmvYhoAg_jEcftF5yOPXDGv5hu3BuLYWFZRAxY_9hz2Qg6iOhT1n981hDuo9D2OCu7tcAnNk2-twhTsM943sD0olrkbDKCnnA8sThTzLksWByWw_pM1j5Yf3IuCV5lRdHLs-2_aebaGxmOmpGjlrrLNzlCE6PcXTLi-TtbfjBubZq0stuRm62VWGySmeDRot5wTq-I=" target="_blank" rel="nofollow noopener"><strong><u>Voyex</u></strong></a> is a travel services platform that leverages agentic AI, an integrated fintech platform, and utilization of charter and private jet aircraft to significantly improve the travel experience. The Company aims to alleviate the leading pain points for travelers of lengthy flight delays and cancellations.</li>
</ul>
<p><strong>About Auddia Inc.</strong></p>
<p>Auddia, through its proprietary AI platform for audio identification and classification, is reinventing not only how consumers engage with AM/FM radio, podcasts, and other audio content but also how artists and labels promote their music and gain access to mainstream radio audiences. Auddia’s Discovr Radio is the first music-promotion platform to deliver artists guaranteed exposure to radio listeners. Auddia’s flagship audio superapp, called faidr, delivers multiple industry firsts, including:</p>
<ul type="disc">
<li>Ad-free listening on any AM/FM radio station</li>
<li>Content skipping across any AM/FM station</li>
<li>One-touch skipping of entire podcast ad breaks</li>
<li>Integrated artist discovery experiences</li>
</ul>
<p>For more information, visit <a title="" href="https://www.globenewswire.com/Tracker?data=SHRhIrdUKuqYLSLgIkU1AH0xVjwr_vyklNzje8ecb2AI_n_BgVsgw6kazWKdn_NSTEOPPpzFf1tjevMjTbCc8A==" target="_blank" rel="nofollow noopener"><strong><u>www.auddia.com</u></strong></a><strong>.</strong></p>
<p><strong>Cautionary Note on Forward-Looking Statements</strong></p>
<p align="justify">Certain statements in this communication, other than purely historical information, may constitute “forward-looking statements” within the meaning of the federal securities laws, including for purposes of the “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995, concerning Auddia, Thramann Holdings, and the proposed merger between Auddia and Thramann Holdings (the “Proposed Transaction”) and other matters. These forward-looking statements include, but are not limited to, express or implied statements relating to Auddia’s and Thramann Holdings’ management expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding: the structure, timing and completion of the proposed merger by and between Auddia and Thramann Holdings, and the expected effects, perceived benefits or opportunities of the Proposed Transaction; the combined company’s listing on Nasdaq after the closing of the Proposed Transaction; expectations regarding the structure, timing and completion of the financing needed to close the Proposed Transaction, including investment amounts from investors, timing of closing of the Proposed Transaction, expected proceed, expectations regarding the use of proceeds, and impact on ownership structure; the anticipated timing of the closing; the expected executive officers and directors of the combined company; each company’s and the combined company’s expected cash position at the closing and cash runway of the combined company following the proposed merger and any additional financing; the future operations of the combined company, including research and development activities; the nature, strategy and focus of the combined company; the development and commercial potential and potential benefits of any products and services of the combined company; the cash balance of the combined entity at closing; expectations related to the anticipated timing of the closing of the Proposed Transaction (the “Closing”); the expectations regarding the ownership structure of the combined company; the expected trading of the combined company’s stock on Nasdaq under the ticker symbol “MCFN” after the Closing; and other statements that are not historical fact.</p>
<p align="justify">All statements other than statements of historical fact contained in this communication are forward-looking statements. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “opportunity,” “potential,” “milestones,” “pipeline,” “can,” “goal,” “strategy,” “target,” “anticipate,” “achieve,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “plan,” “possible,” “project,” “should,” “will,” “would” and similar expressions (including the negatives of these terms or variations of them) may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are made based on current expectations, estimates, forecasts, and projections, as well as the beliefs and assumptions of management, concerning future developments and their potential effects. There can be no assurance that future developments affecting Auddia, Thramann Holdings, or the Proposed Transaction will be those that have been anticipated.</p>
<p align="justify">These forward-looking statements involve a number of risks and uncertainties, some of which are beyond Auddia’s or Thramann Holdings’ control, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that the conditions to the Closing or consummation of the Proposed Transaction are not satisfied, including the failure to timely obtain approval of the proposed merger from Auddia’s stockholders the risk that the required financing is not obtained in a timely manner, if at all; uncertainties as to the timing of the consummation of the Proposed Transaction; risks related to Auddia’s continued listing on Nasdaq until closing of the Proposed Transaction and the combined company’s ability to remain listed following the Closing; uncertainties regarding the impact any delay in the Closing would have on the anticipated cash resources of the combined company, and other events and unanticipated spending and costs that could reduce the combined company’s cash resources; the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the merger agreement; the effect of the announcement or pendency of the merger on Auddia’s or Thramann Holdings’ business relationships, operating results and business generally; costs related to the merger; the risk that as a result of adjustments to the exchange ratio, Auddia’s or Thramann Holdings’ stockholders could own more or less of the combined company than is currently anticipated; risks related to the market price of Auddia’s common stock relative to the value suggested by the exchange ratio; risks related to the inability of the combined company to obtain sufficient additional capital to continue to advance the development of its products and services; costs of the Proposed Transaction and unexpected costs, charges or expenses resulting from the Proposed Transaction; potential adverse reactions or changes to business relationships, operating results, and business generally, resulting from the announcement or completion of the Proposed Transaction;</p>
<p align="justify">Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section titled “Risk Factors” in Auddia’s Annual Report on Form 10-K for the year ended December 31, 2025, which was originally filed with the SEC on March 6, 2026, subsequent Quarterly Reports on Form 10-Q filed with the SEC, and in other filings that Auddia makes and will make with the SEC in connection with the Proposed Transaction, including the Form S-4 and Proxy Statement described below, as well as discussions of potential risks, uncertainties, and other important factors included in other filings by Auddia from time to time. Should one or more of these risks or uncertainties materialize, or should any of Auddia’s or Thramann Holdings’ assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Neither Auddia nor Thramann Holdings undertakes or accepts any duty to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based, except as required by law. This communication does not purport to summarize all of the conditions, risks and other attributes of an investment in Auddia or Thramann Holdings.</p>
<p align="justify"><strong>No Offer or Solicitation</strong></p>
<p align="justify">This communication and the information contained herein is not intended to and does not constitute (i) a solicitation of a proxy, consent or approval with respect to any securities or in respect of the proposed transaction or (ii) an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law, or an exemption therefrom. Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.</p>
<p align="justify">NEITHER THE SEC NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE SECURITIES OR DETERMINED IF THIS COMMUNICATION IS TRUTHFUL OR COMPLETE.</p>
<p align="justify"><strong>Important Additional Information about the Proposed Transaction Will be Filed with the SEC</strong></p>
<p align="justify">This communication relates to the proposed merger involving Auddia and Thramann Holdings and may be deemed to be solicitation material in respect of the proposed merger. In connection with the proposed Transaction, Auddia intends to file relevant materials with the SEC, including a registration statement on Form S-4 (the “Form S-4”) that will contain a proxy statement (the “Proxy Statement”) and prospectus. This communication is not a substitute for the Form S-4, the Proxy Statement or for any other document that Auddia may file with the SEC and/or send to Auddia’s stockholders in connection with the proposed merger. AUDDIA URGES, BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS TO READ THE FORM S-4, THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AUDDIA, THRAMANN HOLDINGS, THE PROPOSED TRANSACTION AND RELATED MATTERS.</p>
<p align="justify">Investors and stockholders will be able to obtain free copies of the Form S-4, the Proxy Statement and other documents filed by Auddia with the SEC (when they become available) through the website maintained by the SEC at <a title="www.sec.gov" href="https://www.globenewswire.com/Tracker?data=burN4Ksj3MrVZyM8twoOETohQn64Uh2uZRfT8Wd7T9zEWfb5OHnMPAF14M5y4hm-vIqHuPQ5cRzK9tXI89Nnlg==" target="_blank" rel="nofollow noopener">www.sec.gov</a>. Copies of the documents filed by Auddia with the SEC will also be available free of charge on Auddia’s website at <a title="" href="https://www.globenewswire.com/Tracker?data=SHRhIrdUKuqYLSLgIkU1ABIYMvO-Lh8Wn8Yq__m2beOZPMQJpbHq1R3MQ49xgJCl5WhQi7m3JqZ5vUvzoYEDCQ==" target="_blank" rel="nofollow noopener"><u>www.auddia.com</u></a>, or by contacting Auddia’s Investor Relations at <a title="investors.auddiainc.com/contact" href="https://www.globenewswire.com/Tracker?data=Gf6Nf31VF48afv4gqcsCOCfG1Gfm7VqKDo5ZDRQ7lwURbdbLEfo3ZJzAuajkQSPgMH1pyUJS5ZqBCWaO9g3zt3Rf1XKTogKSX8t63aNmHGLfvTwMCX-7dT_CqoYDLBjtDJRSEoNcmBjVzwUqD0dFeg==" target="_blank" rel="nofollow noopener">investors.auddiainc.com/contact</a>. In addition, investors and stockholders should note that Auddia communicates with investors and the public using its website at <a title="investors.auddiainc.com" href="https://www.globenewswire.com/Tracker?data=Gf6Nf31VF48afv4gqcsCOCfG1Gfm7VqKDo5ZDRQ7lwXMqJWE9_qvmnBjS1hnLjFGuN52XU9EQQ6QW0dbkiAlMs3rR8QXZDWafXMzlEbRUU8y0wQMqDu413WEY106UcqT" target="_blank" rel="nofollow noopener">investors.auddiainc.com</a>.</p>
<p><strong>Participants in the Solicitation</strong></p>
<p>Auddia, Thramann Holdings, and their respective directors and certain of their executive officers and other members of management may be deemed to be participants in the solicitation of proxies from Auddia’s stockholders in connection with the proposed transaction under the rules of the SEC. Information about Auddia’s directors and executive officers, including a description of their interests in Auddia, is included in Auddia’s most recent Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on March 6, 2026. Additional information regarding the persons who may be deemed participants in the proxy solicitations, including about the directors and executive officers of Thramann Holdings, and a description of their direct and indirect interests, by security holdings or otherwise, will also be included in the Form S-4, the Proxy Statement and other relevant materials to be filed with the SEC when they become available. These documents can be obtained free of charge from the sources indicated above.</p>
<p><strong>Investor Relations:</strong><br />
Kirin Smith, President<br />
PCG Advisory, Inc.<br />
<a title="ksmith@pcgadvisory.com" href="https://www.globenewswire.com/Tracker?data=_kO_FnEY0x_OB2bmN0LloLZqLcKnTwT4dCWZurHilxCRDo_2V6ceiAO8nuapJV_xVlyfWJWdJ38S3p3Cgj0ox8EE8rWkydeJxesM_Gjmj_8=" target="_blank" rel="nofollow noopener">ksmith@pcgadvisory.com</a><br />
<a title="" href="https://www.globenewswire.com/Tracker?data=byvlsW1ybll-Lhy_Be3NgbfQpuN4fqVgpuaHCAMUmyi7jJ1Ywg0GPh3nkMwjO3rBKrcKoPuFuN4YR0MLQz0TdG-NL5PjfEq2dzFodgMXjx4=" target="_blank" rel="nofollow noopener"><u>www.pcgadvisory.com</u></a></p>
</div>
<p><em>Featured Image @ Freepik</em></p>
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		<title>Enovis Invests in Innovation with Binding Offer to Acquire eCential Robotics, a Leading Developer of Enabling Technologies and Surgical Robotics</title>
		<link>https://pressreach.com/health/enovis-invests-in-innovation-with-binding-offer-to-acquire-ecential-robotics-a-leading-developer-of-enabling-technologies-and-surgical-robotics/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:45:09 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206922</guid>

					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/29eaf8a452547a184085cbc3c0361f3b.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="29eaf8a452547a184085cbc3c0361f3b Enovis Invests in Innovation with Binding Offer to Acquire eCential Robotics, a Leading Developer of Enabling Technologies and Surgical Robotics" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Enhances Enovis&#x2019; enabling technology ecosystem to include robotic automation capabilities, empowering surgeons with a broader, integrated set of precision tools in the operating room.&#xa0; Creates a robotics center of excellence in Grenoble, France, a talent rich medical technology hub.&#xa0;&#xa0; Dallas, TX, Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; &#x2013; Enovis&#x2122; Corporation (NYSE: ENOV), an innovation-driven medical &#8230; <a href="https://pressreach.com/health/enovis-invests-in-innovation-with-binding-offer-to-acquire-ecential-robotics-a-leading-developer-of-enabling-technologies-and-surgical-robotics/" class="more-link">Continue reading<span class="screen-reader-text"> "Enovis Invests in Innovation with Binding Offer to Acquire eCential Robotics, a Leading Developer of Enabling Technologies and Surgical Robotics"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/29eaf8a452547a184085cbc3c0361f3b.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="29eaf8a452547a184085cbc3c0361f3b Enovis Invests in Innovation with Binding Offer to Acquire eCential Robotics, a Leading Developer of Enabling Technologies and Surgical Robotics" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><ul>
<li><b>E</b><b>nhances</b> <b>Enovis&#x2019; </b><b>enabling technolog</b><b>y</b> <b>ecosystem </b><b>to include robotic automation capabilities, </b><b>empowering</b><b> surgeons </b><b>with </b><b>a broader, integrated set</b><b> of </b><b>precision tools </b><b>in </b><b>the </b><b>operating room</b><b>.</b>&#xa0;</li>
<li><b>Creates a robotic</b><b>s</b><b> center of excellence in Grenoble, France, a talent rich medical technology hub</b><b>.</b><b>&#xa0;</b>&#xa0;</li>
</ul>
<p>Dallas, TX, Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212;  &#x2013; Enovis<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Corporation (NYSE: ENOV), an innovation-driven medical technology company, announced today that it has entered into a binding offer to acquire eCential Robotics, a leading developer of enabling technologies and surgical robotics. The acquisition expands the ASTRA<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> enabling technology platform with robotic automation capabilities, creating a more comprehensive ecosystem designed to improve surgical precision, streamline workflows, and enhance patient outcomes.&#xa0;</p>
<p align="justify" style="padding-left:0px">Under the terms of the agreement, Enovis will acquire eCential Robotics for an upfront enterprise value of &#x20ac;155 million, which corresponds to cash consideration of approximately &#x20ac;176 million to be paid to eCential Robotics&#x2019; shareholders at closing, plus up to &#x20ac;35 million in contingent consideration payable upon the achievement of certain milestones. The transaction is expected to close by year-end 2026, subject to regulatory approvals.&#xa0;</p>
<p align="justify" style="padding-left:0px">Enovis plans to fund the proposed transaction through a combination of cash on its balance sheet and availability under its existing revolving credit facility. With regards to adjusted EBITDA margins, we expect approximately 150 basis points of deal related dilution to adjusted EBITDA margin in 2027, offset by approximately 50 basis points of underlying improvement, equating to a 100 basis point headwind in 2027. &#xa0;Enovis expects to return to year-over-year margin improvement in 2028. &#xa0;Free cash flow conversion is expected to increase to 50% in 2027, to over &#x24;100 million, and further improve in 2028 and 2029.&#xa0;</p>
<p align="justify" style="padding-left:0px">Founded on more than 15 years of innovation in computer-assisted surgery and orthopedic robotics, eCential Robotics has developed a modular platform designed to advance the next generation of robotic-assisted surgery. The company&apos;s expertise in robotics engineering, software development, and surgical automation enhances Enovis&apos; existing technology portfolio while adding capabilities that meaningfully accelerate Enovis&#x2019; robotic innovation roadmap.&#xa0;&#xa0;</p>
<p align="justify" style="padding-left:0px">&#x201c;This acquisition is a significant milestone and reflects our disciplined approach to bringing externally developed innovation into Enovis. The eCential Robotics team brings exceptional engineering talent, intellectual property and a proven track record of bringing innovative robotic solutions to market. Their expertise will serve as the bedrock of our robotics strategy and enable Enovis to win in surgical enabling technology,&#x201d; said Damien McDonald, Chief Executive Officer of Enovis. &#x201c;eCential Robotics&#x2019; robotics platform is a natural complement to our ARVIS&#xae; Augmented Reality System and will give surgeons a broader set of robotic solutions, aiming to improve precision, streamline workflows in the operating room and deliver better outcomes for patients.&#x201d;&#xa0;&#xa0;</p>
<p align="justify" style="padding-left:0px">Cl&#xe9;ment Vidal, Chief Executive Officer of eCential Robotics, added, &#x201c;Our strategy at eCential Robotics has always been to offer surgeons easy-to-use, cutting-edge technology to improve surgical workflows, and ultimately, enable better patient outcomes. As part of Enovis, we will be able to grow through a shared mission to support surgeons with greater operating room efficiency, and help patients live more full, active lives. I am truly excited about the opportunities we will unlock together.&#x201d;&#xa0;</p>
<p align="justify" style="padding-left:0px">St&#xe9;phane Lavall&#xe9;e, Founder and Chair of eCential Robotics, added, &#x201c;I could not be more excited about the next chapter for eCential Robotics. Enovis brings focus, speed, and a real commitment to the future of eCential Robotics. Together, the combined companies will continue to support existing partnerships and build a center of excellence for robotics in Grenoble focused on advancing the shared innovation roadmap.&#x201d;&#xa0;</p>
<p align="justify" style="padding-left:0px"><i>Latham &amp; Watkins LLP</i> <i>is </i><i>serv</i><i>ing</i><i> as legal counsel to Enovis in connection with the transaction.</i>&#xa0;</p>
<p align="left" style="padding-left:0px"><b>Investor</b> <b>Conference</b> <b>Call</b></p>
<p align="left" style="padding-left:0px">Enovis will conduct a conference call and webcast with investors to discuss the transaction today, September 1, 2026, at 8:30 AM ET. Investors can access the webcast via a link on the Enovis website,&#xa0;<a href="https://www.globenewswire.com/Tracker?data=8pu2e7CPTflwApwlBqnDjdNXWu8AkSFf02ifbYe6gzaoiZ2C4WiwU4GK2U9GX8rUBcGfGIx1_s7YMgi1WEOVf37itz29uNurA3JcIdE35iF0_jwhtKnEcTkmxWjbIrhBm7aWZLUYb8oavWbjD7cNxvAwvxCOhg0vnTt7k0qVOLju88CEZs0ZG5ThrmB70ozT7eEtuyKYIxdm8LPN3SCPtKqxwW3qWLlv_Rpw-GVkzKA=" rel="nofollow noopener" target="_blank"><b>www.enovis.com</b></a>. For those planning to participate on the call, please dial 1-833-461-5787 (U.S. callers) or 1-585-542-9983 (International callers) and use meeting ID 496462433. A link to a replay of the call will also be available on the Enovis website later in the day.&#xa0;</p>
<p align="justify" style="padding-left:0px"><b>Transaction Timing</b></p>
<p align="justify" style="padding-left:0px">Following completion of the information and consultation process with eCential Robotics&#x2019; works council in accordance with French law, the parties expect to enter into a definitive acquisition agreement. Enovis expects the transaction to close by year-end 2026, subject to regulatory approvals.&#xa0;</p>
<p align="justify" style="padding-left:0px"><b><i>Forward-Looking Statements</i></b></p>
<p align="justify" style="padding-left:0px"><i>This press release includes forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Enovis&#x2019;&#xa0;</i><i>planned acquisition of </i><i>eCential</i><i> Robotics</i><i> and the expected timeline for completing the acquisition, </i><i>the growth potential of </i><i>eCential</i><i> Robotics&#x2019;</i> <i>surgical robotics platform combined with the Company&#x2019;s ARVIS&#xae; Augmented Reality System, </i><i>planned</i><i> funding for the acquisition, the financial and operational impact of the acquisition, including the anticipated impact on Adjusted EBITDA margins, </i><i>plans, goals, objectives, outlook, expectations and intentions, and other statements that are not historical or current fact. Forward-looking statements are based on Enovis&#x2019; current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Enovis&#x2019; results to differ materially from current expectations include, but are not limited to,&#xa0;</i><i> (</i><i>i</i><i>) risks related to the satisfaction of the conditions to closing the proposed transaction, including the receipt of necessary regulatory approvals; (ii)&#xa0; risks related to the ability to realize the anticipated benefits of the proposed transaction, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; (iii) the risk that the businesses will not be integrated successfully; (iv) risks relating to changing demand for Enovis&#x2019; products; (v) risks related to the future development, regulatory clearance, commercialization and market adoption of </i><i>eCential</i><i> Robotics&#x2019;</i><i> robotic surgical solutions; (vi) disruption from the proposed transaction making it more difficult to maintain business and operational relationships, including with customers, vendors, service providers, independent sales representatives, agents or agencies; (vii) risks related to the proposed transaction diverting management&#x2019;s attention from Enovis&#x2019; ongoing business operations; (viii) negative effects of this announcement or the consummation of the proposed transaction on the market price of Enovis&#x2019; common stock and/or&#xa0;</i> Enovis&#x2019; <i>operating results; and (ix) and the other factors detailed in Enovis&#x2019; reports filed with the U.S. Securities and Exchange Commission (the &#x201c;SEC&#x201d;), including its most recent Annual Report on Form 10-K under the caption &#x201c;Risk Factors,&#x201d; as well as the other risks discussed in Enovis&#x2019; filings with the SEC. In addition, these statements are based on assumptions that are subject to change. This press release speaks only as of the date hereof. Enovis </i><i>disclaims</i><i> any duty to update the information herein.&#xa0;</i> &#xa0;</p>
<p align="justify" style="padding-left:0px"><b><i>Non-GAAP Financial Measures</i></b></p>
<p align="justify" style="padding-left:0px"><i>Enovis has provided in this press release financial information that has not been prepared&#xa0;</i><i>in accordance with</i><i> accounting principles </i><i>generally accepted</i><i> in the United States of America (&#x201c;non-GAAP&#x201d;). These non-GAAP financial measures include Adjusted EBITDA margin</i><i> and free cash flow conversion</i><i>.&#xa0; </i><i>Adjusted EBITDA margin is derived from Adjusted net income and Adjusted EBITDA.</i>&#xa0;</p>
<p align="justify" style="padding-left:0px"><i>Adjusted net income excludes net income attributable to noncontrolling interest from continuing operations, net of taxes; the effect of Loss from discontinued operations, net of taxes; restructuring charges; Medical Device Regulation (&#x201c;MDR&#x201d;) fees and other costs; strategic transaction costs; stock-based compensation; acquisition-related intangible asset amortization; strategic purchase of economic interest on future royalty payments; and property plant and equipment step-up depreciation; goodwill impairment charges; non-cash Other (income) expense, net; and include the tax effect of adjusted pre-tax income at applicable tax rates and other tax adjustments.&#xa0;</i>&#xa0;</p>
<p align="justify" style="padding-left:0px"><i>Adjusted EBITDA </i><i>represents</i><i> Adjusted net income excluding all Other (income) expense, net; interest, taxes, and depreciation and other amortization. Enovis presents Adjusted EBITDA margin, which is subject to the same adjustments as Adjusted EBITDA.</i>&#xa0;</p>
<p align="justify" style="padding-left:0px"><i>Free cash flow </i><i>represents</i><i> cash flow from operating </i><i>activities</i><i> less purchases of property, </i><i>plant</i><i> and equipment net of proceeds from sale of certain properties. Free cash flow conversion </i><i>represents</i><i> free cash flow divided by adjusted net income.</i>&#xa0;</p>
<p align="justify" style="padding-left:0px"><i>These non-GAAP financial measures assist Enovis management in comparing its operating performance over time because certain items may obscure underlying business trends and make comparisons of long-term performance difficult, as they are of a nature and/or size that occur with inconsistent frequency or relate to discrete restructuring plans that are fundamentally different from the ongoing productivity improvements of the Company. Enovis management also believes that presenting these measures allows investors to view its performance using the same measures that the Company uses in evaluating its financial and business performance and trends. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information calculated </i><i>in accordance with</i><i> GAAP. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures. Enovis does not provide reconciliations of adjusted EBITDA margin on a forward-looking basis to the closest GAAP financial measure, as such information is not available without unreasonable efforts on a forward-looking basis due to uncertainties regarding, and the potential variability of, reconciling items excluded from these measures. These items are uncertain, depend on </i><i>various factors</i><i>, and could have a material impact on GAAP reported results for the guidance period.</i>&#xa0;</p>
<p align="justify" style="padding-left:0px"><b>About Enovis</b></p>
<p align="justify" style="padding-left:0px">Enovis<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (NYSE: ENOV) is&#x202f;a global medical technology innovator dedicated to improving lives by developing clinically differentiated solutions that enhance patient outcomes and restore motion for life. We partner with the brightest minds in health to advance care that is smarter, personalized, and more effective, while improving operational efficiency for surgeons and clinicians around the world. Enovis solutions impact the well-being of millions of patients wherever they are on their pathway to health. Discover more about Enovis at&#xa0;<a href="https://www.globenewswire.com/Tracker?data=8pu2e7CPTflwApwlBqnDjQAASypdOOnQX5sWaXB4FJhJhO7wAEcth5At-SzAjD1aaicPAMIuBIo3nNi0phMplQ==" rel="nofollow noopener" target="_blank">www.enovis.com</a> and follow us on <a href="https://www.globenewswire.com/Tracker?data=6EATcvPx-VSvpIQICiGU1DkMBCHna5zkGoQqA097HPSDae9blWt_QPPln3WadA_ZsGF2OMrBSz55u3gzVxOLcGrBT91K_YT65LfR2OgkNP8=" rel="nofollow noopener" target="_blank">Facebook</a>, <a href="https://www.globenewswire.com/Tracker?data=9B20ZFR4GLr0pr1oXXKBg0ts6f6pH0Vh4lfX38ebdAvW7CnIdZOxIst85VF3bsKF02swQRtQaSYu2ABMZKiH1bJmqc2gW4OMezXTUs7p7Bw=" rel="nofollow noopener" target="_blank">Instagram</a>, <a href="https://www.globenewswire.com/Tracker?data=1cWW63CEN0onSsD9FrdVfM5AvNl-sFNZyWxOXe9xd2B54Pn3HQpRxb2W94hnSWaP22BMTmm6KtuiVIMbsvC8YA_P-hV4CsP8-eut6Q3Akqk=" rel="nofollow noopener" target="_blank">LinkedIn</a> and <a href="https://www.globenewswire.com/Tracker?data=e0smSMa3TOjjlJjyivCfi1dU7CRagbm_heGQqgUGupBLErmyQUGT6pqiXzEcvBg4-a2fqsBzGElf89XrvJh_bQ==" rel="nofollow noopener" target="_blank">X</a>.&#xa0;&#xa0;</p>
<p align="justify" style="padding-left:0px"><b>Investor Contact</b></p>
<p align="justify" style="padding-left:0px">Kyle Rose, Vice President, Investor Relations&#xa0;</p>
<p align="justify" style="padding-left:0px"><a href="https://www.globenewswire.com/Tracker?data=ztM5ymgqirxnJ-cOvUiU-TnUaZDD_cyKvT2vojgoVYdd2BNVHMQzykKFRT82QAndQ_esFskYO-mBuDvpSO8r6E_8e4s6Lf39PxfIl57dPO8=" rel="nofollow noopener" target="_blank">Kyle.Rose@enovis.com</a> &#xa0;</p>
<p align="justify" style="padding-left:0px"><b>Media Contact</b></p>
<p align="justify" style="padding-left:0px">Rachel Colloff, Sr. Director, Corporate Communications&#xa0;</p>
<p align="justify" style="padding-left:0px"><a href="https://www.globenewswire.com/Tracker?data=181DgRykd_bdnyoTWufqTmagOeVK0sGNAt2w4B-8Ua5hkqugfkatryzu-pyvHZnPRrXE6TaMcxVCT59BYXUA33VrLPiNEA71HYejs7HEgwTsbdBmhRBngT0Y6F9GogAc" rel="nofollow noopener" target="_blank">Rachel.Colloff@enovis.com</a></p>
<p> <img decoding="async" alt="Enovis Invests in Innovation with Binding Offer to Acquire eCential Robotics, a Leading Developer of Enabling Technologies and Surgical Robotics" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxODg3MiM3ODExMjI4IzIwMTA4Mjg="> <br /><img decoding="async" alt="Enovis Corporation Enovis Invests in Innovation with Binding Offer to Acquire eCential Robotics, a Leading Developer of Enabling Technologies and Surgical Robotics" src="https://ml.globenewswire.com/media/MjBkYzk0YjAtMjI0NS00YWYzLTgxZTgtNjZlY2YxOTMwZmQwLTEwMjI0MDEtMjAyNi0wOS0wMS1lbg==/tiny/Enovis-Corporation.png"></p>
<p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/b4532895-c0b7-4f6a-9a37-db4eefc89e3d" target="_blank" rel="noopener"><img loading="lazy" decoding="async" src="https://ml.globenewswire.com/media/b4532895-c0b7-4f6a-9a37-db4eefc89e3d/small/logo-enovis-jpg.jpg" border="0" width="150" height="36" alt="Primary Logo" /></a></p>
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		<title>Pecoy Copper Adds Third Broad South Breccia Intercept; Northwest Returns 42.3 Metres at 1.01% Cu Near Surface and Expands Mineralized Footprint</title>
		<link>https://pressreach.com/mining/pecoy-copper-adds-third-broad-south-breccia-intercept-northwest-returns-42-3-metres-at-1-01-cu-near-surface-and-expands-mineralized-footprint/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:45:06 +0000</pubDate>
				<category><![CDATA[Mining]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206919</guid>

					<description><![CDATA[<figure><img width="696" height="522" src="https://pressreach.com/wp-content/uploads/2026/09/056af993ae957c6aa2450b6367b7e1df.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="056af993ae957c6aa2450b6367b7e1df Pecoy Copper Adds Third Broad South Breccia Intercept; Northwest Returns 42.3 Metres at 1.01% Cu Near Surface and Expands Mineralized Footprint" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>VANCOUVER, British Columbia, Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; Pecoy Copper Corp. (&#x201c;Pecoy Copper&#x201d; or the &#x201c;Company&#x201d;) (TSXV: PCU; FSE: D5E; OTCQB: PCUUF) is pleased to report new assay results from six diamond drill holes, PEC26-067 through PEC26-072, completed as part of the Company&#x2019;s planned 35,000-metre 2026 drill program at its 100%-owned Pecoy Copper-Gold-Molybdenum-Silver Project &#8230; <a href="https://pressreach.com/mining/pecoy-copper-adds-third-broad-south-breccia-intercept-northwest-returns-42-3-metres-at-1-01-cu-near-surface-and-expands-mineralized-footprint/" class="more-link">Continue reading<span class="screen-reader-text"> "Pecoy Copper Adds Third Broad South Breccia Intercept; Northwest Returns 42.3 Metres at 1.01% Cu Near Surface and Expands Mineralized Footprint"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="522" src="https://pressreach.com/wp-content/uploads/2026/09/056af993ae957c6aa2450b6367b7e1df.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="056af993ae957c6aa2450b6367b7e1df Pecoy Copper Adds Third Broad South Breccia Intercept; Northwest Returns 42.3 Metres at 1.01% Cu Near Surface and Expands Mineralized Footprint" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p align="justify">VANCOUVER, British Columbia, Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; <strong>Pecoy Copper Corp. </strong>(&#x201c;<strong>Pecoy Copper</strong>&#x201d; or the &#x201c;<strong>Company</strong>&#x201d;) (<strong>TSXV: PCU; FSE: D5E; OTCQB: PCUUF</strong>) is pleased to report new assay results from six diamond drill holes, PEC26-067 through PEC26-072, completed as part of the Company&#x2019;s planned 35,000-metre 2026 drill program at its 100%-owned Pecoy Copper-Gold-Molybdenum-Silver Project in southern Peru. The six holes totalled 5,678.3 metres and tested the South Breccia, Northwest, Centre-of-Pit and North-Central target areas.</p>
<p align="justify">Results are led by PEC26-072, which adds a third broad copper-gold intercept at South Breccia. The hole intersected 804.0 metres grading 0.34% Cu, 0.08 g/t Au, 1.19 g/t Ag and 0.007% Mo from 24.0 metres. <strong><em>This includes 485.2 metres grading 0.40% Cu, 0.09 g/t Au, 1.36 g/t Ag and 0.007% Mo from 244.8 metres</em></strong>, <strong><em>including 100.8 metres grading 0.56% Cu and 0.13 g/t Au from 608.5 metres</em></strong>.</p>
<p align="justify">PEC26-072 was collared approximately 166 metres west of PEC25-066 and approximately 360&#xa0;metres west of PEC25-065. Together with the previously reported PEC25-065 and PEC25-066 results, PEC26-072 provides a third broad South Breccia intercept and supports the interpretation of lateral continuity and westward expansion potential. Additional drilling and three-dimensional modelling are required to determine continuity and true thickness between the holes.</p>
<p align="justify">Outside the South Breccia, PEC26-067 returned the strongest near-surface copper result in this batch, intersecting 209.0 metres at 0.40% Cu from 15.0 metres. The interval includes 137.0 metres at 0.50% Cu, 42.3 metres at 1.01% Cu and 11.1 metres at 1.90% Cu. Below the existing resource pit shell, a separate deeper interval returned 296.0 metres at 0.24% Cu and 0.009% Mo from 744.0 metres to the end of the hole. The combination of shallow grade and width, together with the separate deeper interval, makes Northwest a principal follow-up and expansion target.</p>
<p align="justify"><strong><u>Drilling Highlights: </u></strong></p>
<ul type="disc">
<li style="margin-bottom:6pt"><strong>South Breccia &#x2013; PEC26-072</strong>
<ul type="circle">
<li style="margin-bottom:6pt">804.0 m at 0.34% Cu and 0.08 g/t Au from 24.0 m, incl.;</li>
<li style="margin-bottom:6pt">485.2 m at 0.40% Cu and 0.09 g/t Au from 244.8 m, incl.;</li>
<li style="margin-bottom:6pt">100.8 m at 0.56% Cu and 0.13 g/t Au from 608.5 m, incl;</li>
<li style="margin-bottom:6pt">52.0 m at 0.67% Cu and 0.10 g/t Au from 656.0 m</li>
</ul>
</li>
<li style="margin-bottom:6pt;text-align:justify"><strong>Northwest &#x2013; PEC26-067 returned the strongest near-surface copper result outside South Breccia in this batch:</strong>
<ul type="circle">
<li style="margin-bottom:6pt;text-align:justify">209.0 m at 0.40% Cu from 15.0 m, incl.;</li>
<li style="margin-bottom:6pt;text-align:justify">137.0 m at 0.50% Cu from 15.0 m, incl.;</li>
<li style="margin-bottom:6pt;text-align:justify">42.3 m at 1.01% Cu from 33.7 m, incl.;</li>
<li style="margin-bottom:6pt;text-align:justify">11.1 m at 1.90% Cu from 58.0 m.</li>
<li style="margin-bottom:6pt;text-align:justify">A separate deeper interval below the historical pit shell returned 296.0 m grading 0.24% Cu and 0.009% Mo from 744.0 m to 1,040.0 m end of hole;</li>
</ul>
</li>
<li style="margin-bottom:6pt;text-align:justify"><strong>Centre of the Pit &#x2013; PEC26-069 </strong>
<ul type="circle">
<li style="margin-bottom:6pt;text-align:justify">119.0 m at 0.30% Cu from 29.0 m, including 58.1 m at 0.40% Cu and 22.0 m at 0.50% Cu.</li>
</ul>
</li>
<li style="margin-bottom:6pt;text-align:justify"><strong>Centre of the Pit &#x2013; PEC26-071</strong>
<ul type="circle">
<li style="margin-bottom:6pt;text-align:justify">101.4 m at 0.34% Cu from 130.0 m, including 52.0 m at 0.42% Cu.
</li>
</ul>
</li>
</ul>
<p align="justify">Vincent Metcalfe, President and Chief Executive Officer of Pecoy Copper, commented: &#x201c;PEC26-072 adds a third broad copper-gold intercept at South Breccia, which has now delivered broad mineralization from three separate collar locations and continues to demonstrate expansion potential to the west. Just as importantly, PEC26-067 returned 209 metres at 0.40% copper from only 15 metres, including 50 metres at 0.91% copper and 11.1 metres at 1.90% copper. That combination of shallow position, width and grade, together with the separate deeper interval, expands the known mineralized extent at Northwest and makes it a compelling second priority.</p>
<p align="justify">With assay results received to date representing only approximately 20% of our planned 35,000-metre program, we remain at an early stage and expect the substantial drilling and results ahead to significantly advance our understanding of Pecoy. We will prioritize the lateral expansion of South Breccia and follow-up drilling at Northwest while integrating the Centre-of-Pit and North-Central results into our three-dimensional model.&#x201d;</p>
<p align="justify"><strong>Table 1: Selected Drill Intersections </strong></p>
<table style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="max-width:16%;width:16%;min-width:16%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Hole</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>From (m)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>To (m)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Length (m)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Cu %</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Au g/t</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Mo %</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Ag g/t</strong></td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong> PEC26-067</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">3.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">352.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">349.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.30</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.011</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1.18</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">15.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">224.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">209.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.40</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.011</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1.32</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">32.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">82.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">50.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.91</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.03</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.014</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">2.67</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">33.7</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">76.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">42.3</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1.01</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.03</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.015</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">2.92</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">58.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">69.1</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">11.1</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1.90</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.05</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.019</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">5.40</td>
</tr>
<tr>
<td colspan="8" style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top"><em>Below historical pit shell</em></td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">and</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">744.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1040.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">296.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.24</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.009</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.74</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-068</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">303.9</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">474.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">170.1</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.25</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.03</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.013</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.76</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">330.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">420.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">90.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.30</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.03</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.011</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.87</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">332.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">352.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">20.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.42</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.04</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.013</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1.11</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-069</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">29.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">148.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">119.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.30</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.006</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.73</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">48.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">134.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">86.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.34</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.005</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.80</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">53.9</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">112.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">58.1</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.40</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.005</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.91</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">70.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">92.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">22.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.50</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.03</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.004</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1.12</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle"><strong>PEC26-070</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">424.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">769.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">345.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.25</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.008</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.84</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">497.35</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">692.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">194.65</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.30</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.011</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">1.03</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">517.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">600.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">83.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.34</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.03</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.013</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">1.22</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle"><strong>PEC26-071</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">130.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">231.4</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">101.4</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.34</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.01</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.002</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.62</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">140.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">192.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">52.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.42</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.01</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.002</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.63</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle"><strong>PEC26-072</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">24.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">828.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">804.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.34</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.08</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.007</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">1.19</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">244.8</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">730.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">485.2</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.40</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.09</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.007</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">1.36</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">574.9</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">725.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">150.1</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.49</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.10</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.012</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">1.89</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">608.5</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">709.3</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">100.8</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.56</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.13</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.014</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">2.29</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">656.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">708.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">52.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.67</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.10</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.020</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">2.09</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">incl.</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">686.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">708.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">22.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.82</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.10</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.031</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">2.65</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">and</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">456.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">466.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">10.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.93</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.25</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">0.004</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle">2.80</td>
</tr>
</table>
<p align="justify"><em>Note: Reported intervals represent downhole lengths; true thicknesses have not yet been determined. Grades are length-weighted averages. Internal lower-grade intervals are included. The 0-to-EOH rows are provided solely as whole-hole context and should not be interpreted as continuous mineralized intersections. Values may not sum exactly due to rounding.</em></p>
<p align="justify"><strong>Exploration Interpretation and Next Steps</strong></p>
<p align="justify">The six holes tested several areas across Pecoy, with the objective of expanding South Breccia, identifying additional near-surface copper mineralization, deeper mineralized packages and improving the Company&#x2019;s understanding of the broader system. The results reinforce South Breccia and establish Northwest as leading follow-up priorities, while providing additional mineralized intercepts in the Centre-of-Pit and North-Central areas.</p>
<p align="justify"><strong>South Breccia &#x2013; PEC26-072</strong></p>
<p align="justify">PEC26-072 intersected 804.0 metres grading 0.34% Cu and 0.08 g/t Au from 24.0 metres, including 485.2 metres grading 0.40% Cu and 0.09 g/t Au and 100.8 metres grading 0.56% Cu and 0.13 g/t Au.</p>
<p align="justify">The hole was collared approximately 166 metres west of PEC25-066 and adds a third broad copper-gold intercept across South Breccia. Together, PEC25-065, PEC25-066 and PEC26-072 returned broad copper-gold intervals at three separate collar locations across South Breccia, supporting the interpretation of lateral continuity and identifying the westward direction as a priority for further testing.</p>
<p>Geological logging records extensive alteration, veining, sulphide mineralization and multiple phases of brecciation, consistent with a large hydrothermal system. Together with the assay results, these observations provide an important new point for evaluating South Breccia&#x2019;s scale, geometry and western extent.</p>
<p align="justify">Additional drilling and three-dimensional modelling will be required to determine continuity and true thickness between the three holes.</p>
<p align="justify"><strong>Northwest &#x2013; PEC26-067</strong></p>
<p align="justify">PEC26-067 returned the strongest near-surface copper result outside South Breccia in this batch: 209.0 metres at 0.40% Cu from 15.0 metres, including 137.0 metres at 0.50% Cu, 50.0 metres at 0.91% Cu and 11.1 metres at 1.90% Cu. A separate deeper interval returned 296.0 metres at 0.24% Cu and 0.009% Mo from 744.0 metres to the end of the 1,040.0-metre hole. Together, the shallow and deeper intervals extend known mineralization at Northwest from near surface and separately well below the historical resource pit shell. These results materially increase the exploration significance of Northwest and establish a clear opportunity for lateral expansion. Follow-up drilling will test the mineralization along strike and across the target while defining its geometry and continuity.</p>
<p align="justify"><strong>North-Central &#x2013; PEC26-070 </strong></p>
<p align="justify">PEC26-070 returned 345.0 metres grading 0.25% Cu from 424.0 metres, including 194.65 metres grading 0.30% Cu and 83.0 metres grading 0.34% Cu. Logging identified alteration, veining, sulphide mineralization and brecciation throughout the mineralized interval.</p>
<p align="justify">The result confirms a broad mineralized interval at depth in the less-explored North-Central area. Further work will evaluate whether it represents an extension of an existing zone or a separate mineralized domain.</p>
<p align="justify"><strong>Centre-of-Pit and Other Results &#x2013; PEC26-068, PEC26-069 and PEC26-071</strong></p>
<p align="justify">PEC26-069 and PEC26-071 returned near-surface copper intervals at separate locations within the Centre-of-Pit area, while PEC26-068 returned 170.1 metres at 0.25% Cu from 303.9 metres and encountered hydrothermal brecciation near the bottom of the hole. These results provide additional pierce points for three-dimensional modelling and target vectoring. Further drilling is required to determine whether the intervals belong to continuous domains or separate structurally controlled zones.</p>
<p align="justify">Logging across PEC26-068 through PEC26-071 records altered, veined and locally brecciated intrusive rocks associated with sulphide mineralization. These geological observations support a hydrothermal origin and help refine follow-up targeting, but do not, by themselves, demonstrate a geological connection between target areas.</p>
<p align="justify">Several of the reported intervals occur within or adjacent to areas previously represented as lower-grade, peripheral or unestimated in the historical resource model. If additional drilling demonstrates sufficient continuity, these areas may provide opportunities for future resource growth and improved pit geometry.</p>
<p><strong>Overall Exploration Implications</strong></p>
<p>The results provide three clear priorities for the next phase of work:</p>
<ol style="list-style-type:decimal">
<li style="margin-bottom:6pt">Continue evaluating the scale and lateral extension of the South Breccia, where three widely spaced holes have now returned broad copper-gold intercepts.</li>
<li style="margin-bottom:6pt">Follow up Northwest, where PEC26-067 encountered strong copper mineralization beginning near surface together with a separate mineralized interval at depth.</li>
<li style="margin-bottom:6pt">Use the results from PEC26-068 through PEC26-071 to refine the geological model and assess the potential for additional near-surface and deeper mineralized zones across the broader Pecoy system.
</li>
</ol>
<p align="justify">The six holes show that copper mineralization occurs across multiple target areas. The results do not establish that the separate target areas form one continuous mineralized body. They strengthen South Breccia, establish a compelling second priority in the Northwest sector and provide additional targets for future geological and resource evaluation across Pecoy.</p>
<p align="justify"><strong>Broad Copper Composites for Geological Context</strong></p>
<p align="justify">Each of the six holes contains at least one broad sample-boundary composite with an unrounded length-weighted copper grade of at least 0.20% Cu. These contextual composites demonstrate the broad distribution of copper mineralization at the tested locations. They do not establish continuity between holes, inclusion within the current mineral resource or economic viability.</p>
<p align="justify"><strong>Table 2: Longest Sample-Boundary Composite Averaging at Least 0.20% Cu</strong></p>
<table style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="max-width:16%;width:16%;min-width:16%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Hole</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>From (m)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>To (m)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Length (m)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Cu %</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Au g/t</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Mo %</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Ag g/t</strong></td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-067</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1,040.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1,040.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.23</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.010</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.85</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-068</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">4.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">586.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">582.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.20</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.010</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.65</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-069</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">23.5</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">502.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">478.5</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.20</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.008</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.59</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-070</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">40.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">947.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">907.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.20</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.02</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.006</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.74</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-071</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">118.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">409.5</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">291.5</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.20</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.01</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.002</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.63</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>PEC26-072</strong></td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">956.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">956.0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.29</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.07</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">0.006</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1.05</td>
</tr>
</table>
<p align="justify"><em>Note: Each row represents the longest sample-boundary composite whose unrounded, length-weighted copper grade averages at least 0.20% Cu. Internal lower-grade intervals are included and no maximum internal dilution was applied. Reported intervals are downhole lengths; true widths have not yet been determined.</em></p>
<p align="justify"><strong>Table 3: Drillhole information &#x2013; Completed &amp; Released</strong></p>
<table style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="max-width:14%;width:14%;min-width:14%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Hole</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>UTM East</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>UTM North</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Elev (masl)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Azimuth</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Dip</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Length Drilled (m)</strong></td>
<td style="max-width:14%;width:14%;min-width:14%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Area</strong></td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC25-065</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713977</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267284</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1901</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-80</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1186.25</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">South Breccia</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC25-066</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713796</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267252</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1831</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-75</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1068.50</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">South Breccia</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-067</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713104</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8268120</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1718</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>175</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-75</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1040.00</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Northwest</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-068</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713630</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8268000</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">2016</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-75</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1,058.10</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Center of the pit</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-069</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713710</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8268037</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">2001</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-70</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">901.00</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Center of the pit</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-070</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">713611</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">8268327</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1860</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-65</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">947.00</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">North-Central</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-071</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">713404</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">8267683</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1927</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-80</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">776.20</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Centre of the pit</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-072</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">713634</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">8267253</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1795</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-82</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">956.00</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">South Breccia</td>
</tr>
</table>
<p><em>Note: Coordinate Reference System (CRS): WGS 84 / UTM Zone 18S (EPSG:32718)</em></p>
<p align="justify"><strong>Table 4: Drillhole information &#x2013; Other Drilling &amp; Target Area &#x2013; Assays pending or in progress</strong></p>
<table style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="max-width:14%;width:14%;min-width:14%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Hole</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>UTM East</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>UTM North</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Elev (masl)</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Azimuth</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Dip</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Length Drilled (m)</strong></td>
<td style="max-width:14%;width:14%;min-width:14%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>Area</strong></td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-073</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">713415</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">8268234</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1845</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-81</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">938.00</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">North-Central</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-074</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">713325</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom">8267618</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1848</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-70</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">955.30</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Center of the pit</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-075</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">714040</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267712</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">2062</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>130</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-75</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">938.85</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">East step-out</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-076</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713816</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8268158</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">2040</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-72</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">1073</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Central Breccia</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top">PEC26-077</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713084</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267513</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1706</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-72</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">599.25</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">West Pampa</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom">PEC26-078</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713498</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267249</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1766</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-85</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">923.00</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">South Breccia</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom">PEC26-079</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713201</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267538</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1739</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>175</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-70</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">850.00</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">EDM Vein Zone</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom">PEC26-080</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713505</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267843</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">2030</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>180</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-75</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">In progress</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Center of the pit</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom">PEC26-081</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">713303</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267997</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1867</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>0</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-60</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">In progress</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">Northwest</td>
</tr>
<tr>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom">PEC26-082</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">714200</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">8267401</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">1948</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top"><strong>N</strong>270</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">-60</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">In progress</td>
<td style="border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top">South Breccia</td>
</tr>
</table>
<p><em>Note: Coordinate Reference System (CRS): WGS 84 / UTM Zone 18S (EPSG:32718)</em></p>
<p align="justify"><strong><u>Exploration Productivity and 2026 Program</u></strong></p>
<p align="justify">Based on the latest drill tracker, over 16,000 metres have been drilled since the current campaign began, with 16 holes completed and three additional holes in progress. Results reported to date provide new geological and assay information across the South&#xa0;Breccia, Northwest, Centre-of-Pit and North-Central target areas. The Company continues to target approximately 35,000 metres of drilling at Pecoy in 2026.</p>
<p><strong>Pecoy Project Highlights</strong></p>
<ul type="disc">
<li style="text-align:justify">Large copper system: with an inferred resource of 865 Mt at 0.34% Cu (~6.5 billion pounds contained copper), plus associated gold, molybdenum and silver credits</li>
<li style="text-align:justify">Multiple target areas: South Breccia, Northwest, Centre of the Pit, North-Central and additional targets across the broader Pecoy property.</li>
<li style="text-align:justify">Low-elevation location: approximately 1,650 metres above sea level with year-round road access and proximity to power, highways and the Pacific coast.</li>
<li style="text-align:justify">Favourable topography at Pecoy Hill, with extensive mineralization expressed at surface and consistent with potential open-pit style geometry</li>
<li style="text-align:justify">Additional district-scale upside at Tororume (~8 km north), where all nine historical drill holes intersected mineralization</li>
<li style="margin-bottom:6pt">Large 2026 program: approximately 35,000 metres planned at Pecoy, compared with approximately 49,000 metres of historical drilling before the current campaign.
</li>
</ul>
<p align="justify">For more information about Pecoy Copper, please visit our website at <a href="https://www.globenewswire.com/Tracker?data=bx7wqELk5EFvfKTIgv_n1Y-0VqhLaXMwLQKMdMggJLrPzziJ3x0qZu2zE29UOmsE_YOwy14PGCtjC7_MIr4ZtkFw-A7uwar2z3_fFV671kI=" rel="nofollow noopener" target="_blank">www.pecoycopper.com</a> or view the Company&#x2019;s VRIFY presentation in connection with this release at <a href="https://www.globenewswire.com/Tracker?data=HoAwENOwMT71QH58CGxeAwqE5MLsrAZqYcT_1safQktSeEId_jJGRVKtStKMP2g5UcsbwJDmgwVpt_Q--VsP0EhljZ2pQEJWJRtM0Qe1qqZtUcTY1ZtbNFiX7RwBaOZQ" rel="nofollow noopener" target="_blank">https://vrify.com/decks/23893</a>.</p>
<p><strong><em>Figure 1: </em></strong><em>Plan view of the Pecoy Project showing the current deposit outline, principal mineralized zones, and current drill hole locations </em></p>
<p align="justify"><img loading="lazy" decoding="async" alt="Figure 1 - Plan view of the Pecoy Project" height="422" src="https://ml.globenewswire.com/Resource/Download/bc8dd8b9-d6f5-4bed-9064-ea5e96b71304/figure-1-plan-view-of-the-pecoy-project.png" width="600" data-dpi="96" data-caption="Plan view showing the current deposit outline, principal mineralized zones, and current drill hole locations " data-filename="Figure 1 - Plan view of the Pecoy Project.png" /></p>
<p><strong><em>Figure 2: Looking north &#8211; </em></strong><em>Long-section through the South Breccia Zone illustrating drill holes PEC25-065, PEC25-066 and PEC-26-072 and interpreted alteration and mineralization domains. </em></p>
<p><img loading="lazy" decoding="async" alt="Figure 2 - Long Section B-B&apos; - Holes 65-66-72" height="332" src="https://ml.globenewswire.com/Resource/Download/c881d204-8721-44bc-b8f8-500478da0012/figure-2-long-section-b-b-holes-65-66-72.png" width="600" data-dpi="192" data-caption="Long Section B-B&apos; - Looking north, through the South Breccia Zone illustrating drill holes PEC25-065, PEC25-066 and PEC-26-072 and interpreted alteration and mineralization domains.  " data-filename="Figure 2 - Long Section B-B&apos; - Holes 65-66-72.png" /></p>
<p><strong><em>Figure 3: Looking west &#8211; </em></strong><em>Cross-section illustrating drill hole PEC26-072, along with PEC26-068 and PEC26-070</em></p>
<p><img loading="lazy" decoding="async" alt="Figure 3 - Cross Section E-E&apos; - Holes 68-70-72" height="303" src="https://ml.globenewswire.com/Resource/Download/59ae9cd9-c5bd-4c23-afdf-8bde972d7404/figure-3-cross-section-e-e-holes-68-70-72.png" width="600" data-dpi="192" data-caption="Cross-section, looking west illustrating drill hole PEC26-072, along with PEC26-068 and PEC26-070" data-filename="Figure 3 - Cross Section E-E&apos; - Holes 68-70-72.png" /></p>
<p><strong><em>Figure 4: Looking west &#8211; </em></strong><em>Cross-section through the Northwest Zone illustrating drill hole PEC-26-067 (1,040 m total depth) and interpreted alteration and mineralization domains. Mineralization remains open at depth.</em></p>
<p><img loading="lazy" decoding="async" alt="Figure 4 - Cross Section F-F&apos; - 67 Looking West" height="304" src="https://ml.globenewswire.com/Resource/Download/ffef8388-2add-49ea-880e-3adeebc0b8d6/figure-4-cross-section-f-f-67-looking-west.png" width="600" data-dpi="192" data-caption="Cross-section looking west through the Northwest Zone illustrating drill hole PEC-26-067 (1,040 m total depth) and interpreted alteration and mineralization domains. Mineralization remains open at depth." data-filename="Figure 4 - Cross Section F-F&apos; - 67 Looking West.png" /></p>
<p><strong><em>Figure 5: Looking north &#8211; </em></strong><em>Long-section through the Northwest and Center of the Pit Zones illustrating drill hole PEC26-067, PEC26-068 and PEC26-069 and interpreted alteration and mineralization domains. </em></p>
<p><img loading="lazy" decoding="async" alt="Figure 5 - Long Section D-D&apos; - Holes 67-68-69" height="305" src="https://ml.globenewswire.com/Resource/Download/85c34a69-842d-460a-b667-99f03f49f821/figure-5-long-section-d-d-holes-67-68-69.png" width="600" data-dpi="192" data-caption="Long section looking north through the Northwest and Center of the Pit Zones illustrating drill hole PEC26-067, PEC26-068 and PEC26-069 and interpreted alteration and mineralization domains" data-filename="Figure 5 - Long Section D-D&apos; - Holes 67-68-69.png" /></p>
<p align="justify"><strong>Qualified Persons and Technical Notes</strong></p>
<p align="justify">The scientific and technical information in this news release has been reviewed and approved by Vincent Cardin-Tremblay, P.Geo., current Chief Geological Officer of Pecoy Copper, a Qualified Person as defined by National Instrument 43-101 &#x2013; Standards of Disclosure for Mineral Projects (&#x201c;<strong>NI 43-101</strong>&#x201d;).</p>
<p align="justify">The Qualified Person verified the data disclosed in this news release by reviewing the final laboratory assay workbooks and certificates, drillhole collar and downhole-survey data, sampling and analytical procedures, and QA/QC results. No limitations were imposed on the verification process.</p>
<p align="justify">Diamond drill core from the Pecoy Project was logged and sampled at the Company&#x2019;s secure core facility at site by Company personnel. Drill core was sawn in half, with one half retained for reference and the other half sampled at nominal intervals of up to 2 metres, with sample boundaries adjusted to respect geological contacts. Core diameter varied between HQ and NQ depending on depth.</p>
<p align="justify">Samples were bagged, sealed, and transported by commercial carrier to the Bureau Veritas preparation laboratory in Arequipa, Peru, where samples were crushed and a 250 g split was pulverized to 85% passing 75 micrometres (200 mesh). Prepared pulps were then sent to the Bureau Veritas assay laboratory in Lima, Peru. Bureau Veritas is an ISO-accredited laboratory and is independent of the Company.</p>
<p align="justify">Gold analyses were performed using fire assay fusion with ICP-OES finish on a 30 g sample (FA330). Samples returning gold values greater than 10 g/t Au were re-analyzed using fire assay with gravimetric finish (FA530). Copper and silver were analyzed by ICP-OES/MS following a four-acid digestion as part of a 45-element multi-element suite (4A200). Samples returning values over the upper detection limit (Au, Ag, Cu, Zn, Mo, Pb) were re-analyzed using four-acid digestion with AAS finish (MA402).</p>
<p align="justify">A comprehensive Quality Assurance and Quality Control (QA/QC) program was implemented as part of the sampling and analysis procedures. Certified reference materials, blanks, and duplicate samples (field, preparation, and analytical duplicates) were inserted into the sample stream at regular intervals, representing approximately 15% of the total samples submitted. No significant QA/QC issues were identified during the analysis, and the results are considered reliable for reporting purposes.</p>
<p align="justify">An NI 43-101 technical report in respect of the Pecoy Project with an effective date of April 30, 2025 and dated July 23, 2025 was prepared by Mining Plus and is available on SEDAR+ under the Company&#x2019;s profile. Mineral resources are not mineral reserves and do not have demonstrated economic viability.</p>
<p><strong>About Pecoy Copper</strong></p>
<p align="justify">Pecoy Copper is advancing the 9,975-hectare Pecoy Copper-Gold-Molybdenum-Silver Project, a large, undeveloped porphyry system located in southern Peru&#x2019;s Arequipa region, within one of the world&#x2019;s most prolific copper belts. The Pecoy deposit hosts a current inferred mineral resource of 865 million tonnes at 0.34% Cu, with significant associated gold, molybdenum, and silver credits.</p>
<p align="justify">Prior to the Company&#x2019;s 2026 drill program, less than 49,000 metres of historical drilling had been completed at Pecoy, defining a broad and continuous mineralized system with potential for expansion along strike and at depth. The project benefits from its favourable elevation of approximately 1,650 metres above sea level, providing year-round access and reduced operating complexity compared to many high-altitude Andean deposits.</p>
<p align="justify">Strategically located near the Pacific coast, Pecoy enjoys excellent infrastructure, with close proximity to highways, power lines, and water sources, and good access to the deep-water ports of Matarani (approximately 240 km southwest) and Ilo. This infrastructure advantage positions Pecoy Copper to advance the project efficiently from exploration toward future development within one of the world&#x2019;s most established and mining-friendly jurisdictions.</p>
<p align="justify">The Company&apos;s common shares trade on the TSX Venture Exchange under the symbol PCU, on the Frankfurt Stock Exchange under the symbol D5E and on the OTCQB under the symbol PCUUF.</p>
<p><strong>For further information, please contact:</strong></p>
<p>Vincent Metcalfe, President &amp; CEO<br />Pecoy Copper Corp.<br />Suite 1500, 1055 West Georgia Street, Vancouver, BC V6E 4N7<br />Tel: (514) 249-9960 | Email: <a href="https://www.globenewswire.com/Tracker?data=7JTyd54c-NDhKG9QoK-n3HAyP_BcX5DQn8hYmEVykOW6qk-Az8kuNJczVGL0DlOXPNAWJ84PA99nmRSbC80yGFo-vdH-D9ln4jnm9QHcVNI=" rel="nofollow noopener" target="_blank">info@pecoycopper.com</a></p>
<p align="center"><em>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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.</em></p>
<p><strong>Cautionary Note Regarding Forward-Looking Information</strong></p>
<p align="justify"><em>This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements regarding the planned 35,000-metre 2026 drill program at Pecoy; future drilling, modelling and interpretation at South Breccia, the Northwest, Centre-of-Pit and North-Central target areas; the potential geometry, continuity, scale, extension and resource-growth implications of the mineralized system; and the Company&apos;s ability to identify targets that may support future resource evaluation. Forward-looking information is based on management&apos;s current expectations, estimates, assumptions and beliefs, including assumptions regarding funding, permits, access, personnel, drilling productivity, laboratory turnaround times and the availability of equipment and contractors. Forward-looking information is subject to known and unknown risks and uncertainties, many of which are beyond the Company&apos;s control, that may cause actual results to differ materially from those expressed or implied. These risks include exploration and geological risk, operational risk, permitting and community-relations risk, financing and market risk, and the other risk factors described in the Company&apos;s continuous-disclosure filings available on SEDAR+. Forward-looking information is provided as of the date of this news release. Except as required by applicable law, the Company undertakes no obligation to update or revise such information. Readers should not place undue reliance on forward-looking information.</em></p>
<p align="justify">Photos accompanying this announcement are available at</p>
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<p> <img decoding="async" alt="Pecoy Copper Adds Third Broad South Breccia Intercept; Northwest Returns 42.3 Metres at 1.01% Cu Near Surface and Expands Mineralized Footprint" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxOTE4NSM3ODExODY4IzIzMDUzMTU="> <br /><img decoding="async" alt="Pecoy Copper Corp Pecoy Copper Adds Third Broad South Breccia Intercept; Northwest Returns 42.3 Metres at 1.01% Cu Near Surface and Expands Mineralized Footprint" src="https://ml.globenewswire.com/media/NDU3ZTA3YjQtZDlkNC00Y2I2LWJhNDEtMmVhOGNjODg1NzIxLTEzMTY4NjUtMjAyNi0wOS0wMS1lbg==/tiny/Pecoy-Copper-Corp.png"></p>
<p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/836fc0a5-399b-4ee1-a6ef-3cc340c336e5" target="_blank" rel="noopener"><img loading="lazy" decoding="async" src="https://ml.globenewswire.com/media/836fc0a5-399b-4ee1-a6ef-3cc340c336e5/small/pecoy-png.png" border="0" width="150" height="20" alt="Primary Logo" /></a></p>
<p>Featured Image: DepositPhotos @ ewastudio</p>
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		<title>HealthTab™ Programme Expands Nationally Across England</title>
		<link>https://pressreach.com/health/healthtab-programme-expands-nationally-across-england/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:45:03 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206916</guid>

					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/a3f11715ab46bd805876121b84e001af.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="a3f11715ab46bd805876121b84e001af HealthTab™ Programme Expands Nationally Across England" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>VANCOUVER, British Columbia, Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; AVRICORE HEALTH INC. (TSXV: AVCR) is pleased to announce that NHS England has confirmed the national expansion of the Barts Health pharmacy cholesterol testing programme powered by Avricore&#x2019;s HealthTab&#x2122; platform. Approximately 100 pharmacies across England will begin offering seven-minute cholesterol checks this fall as part of &#8230; <a href="https://pressreach.com/health/healthtab-programme-expands-nationally-across-england/" class="more-link">Continue reading<span class="screen-reader-text"> "HealthTab™ Programme Expands Nationally Across England"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/a3f11715ab46bd805876121b84e001af.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="a3f11715ab46bd805876121b84e001af HealthTab™ Programme Expands Nationally Across England" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>VANCOUVER, British Columbia, Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; <strong>AVRICORE HEALTH INC.</strong> (TSXV: AVCR) is pleased to announce that NHS England has <a href="https://www.globenewswire.com/Tracker?data=jag9xc3KZxo9zEVKbuJ55EFERXbXtZZ9fFIc0Uh5sIViTDbFM0rQUyvoQOpTSrxdgKRoz_0ew0hXf4rudKP2MnCghSWZzpHv_6Vw4jXOvqZINMDo1xAUaSd5DQfHtuvJN3iSHTnXsVLy6897N0rOEIs8X8PCwc0B_vsv6kHxUh-xSMYXSOhB_8Co6rt-f37krMhm4dc-YCLszBYJo6avag==" rel="nofollow noopener" target="_blank">confirmed the national expansion</a> of the Barts Health pharmacy cholesterol testing programme powered by Avricore&#x2019;s HealthTab<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> platform.</p>
<p>Approximately 100 pharmacies across England will begin offering seven-minute cholesterol checks this fall as part of a national NHS initiative aimed at identifying cardiovascular risk earlier and reducing heart attacks and strokes, with this first national phase running until spring 2027.</p>
<p>The rollout follows the north London programme led by Barts Health NHS Trust in collaboration with UCLPartners and HEART UK. The programme tested 2,493 patients across 61 community pharmacies between January 2025 and March 2026. Nineteen percent were identified as being at high risk of a heart attack or stroke within the next decade, with patients receiving clinical advice and referral for treatment where appropriate. At least 88 patients subsequently began statin therapy.</p>
<p>The national expansion has already attracted major media attention, including <a href="https://www.globenewswire.com/Tracker?data=4B2DR2k_v41POp59zG_iIBM2ZC0zyQfZaRtycrV1SMubh4pVT68Xa2901_ePHlt_e5L0trBj7hz4Ka7_nh98KZk9FJ1xwaD46UN2iCD2r0LJaAE9JpFShC2ADC2bxotCR5DV4P6ZEePAwzeM24nIz1Yh08bJGQh-drzWgbMK4hXcqHvvbt2eE1krCRWD_VPGJyGJ6fnLL9e2LRVFwCqpOg==" rel="nofollow noopener" target="_blank">coverage in The Guardian</a>, which reported on the NHS plan to bring free high-street cholesterol testing to pharmacies across England.</p>
<p>&#x201c;This is a major validation of the strategy we have been executing in the UK,&#x201d; said Rodger Seccombe, CEO of Avricore Health. &#x201c;The Barts Health programme demonstrated that community pharmacies can deliver high-quality point-of-care testing at scale and translate those results into meaningful clinical action. NHS England is now taking that model from a regional programme to a national one. We&#x2019;re proud of what the pharmacy teams in north London have achieved with our system and look forward to introducing it to the rest of the country.&#x201d;</p>
<p><strong>HealthTab<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> at the Core of Scalable, Integrated PoCT</strong></p>
<p>HealthTab<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> provides a complete, turnkey solution underpinning national pharmacy-based PoCT networks, including best-in-class instruments, consumables, onboarding, training, and ongoing support for participating sites.</p>
<p>At its centre is a secure cloud-based platform that seamlessly connects point-of-care analyzers, patient results, QC data, and pharmacist workflows, creating a unified digital infrastructure for community-based testing.</p>
<p>This integrated approach ensures quality-assured testing, consistent data capture across locations, and real-time analytics to support public-health reporting and performance monitoring, while reducing implementation complexity for pharmacy partners.</p>
<p><strong>Commitment to Quality and Accuracy</strong></p>
<p>HealthTab<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> is designed to meet the highest standards of analytical performance and reliability. Through its partnership with CEQAL Inc., a world-leading reference method laboratory and member of the CDC Cholesterol Reference Method Laboratory Network (CRMLN), HealthTab operates a comprehensive quality management program that mirrors the rigour of accredited clinical laboratories.</p>
<p>This includes centralized lot monitoring of reagents, mandated internal quality control, and regular external quality-assessment (EQA) events, ensuring that results generated across every participating pharmacy are accurate, traceable, and consistent with internationally recognized reference standards.</p>
<p><strong>About Avricore Health Inc.</strong></p>
<p>Avricore Health Inc. (TSXV: AVCR) is a pharmacy service innovator focused on acquiring and developing early-stage technologies aimed at advancing pharmacy practice and patient care. Through its flagship offering HealthTab<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />, a wholly owned subsidiary, the Company&#x2019;s mission is to make actionable health information more accessible to everyone by creating the world&#x2019;s largest network of rapid testing devices in community pharmacies.</p>
<p><strong>Contact:</strong></p>
<p><strong>Avricore Health Inc.</strong></p>
<p><a href="https://www.globenewswire.com/Tracker?data=8M7KzkUgOFaIaVgWC2HznyzXTwKD9gQbeefWzLh7vEiELEPFB7-sPHif6pqMiPI0OPuFny8uoMof93pHfrwezZdKr8cgSGmhsll6eNd5BqwZG0ml0jSQ71JzFfm-U-BR" rel="nofollow noopener" target="_blank">info@avricorehealth.com</a><br /><a href="https://www.globenewswire.com/Tracker?data=R87FsnLZjRYPo6KZ7MN1m76bW9pAy7JmXloo6cevUyc0anrTUCGAQ6v9BBWWEOtvHGWl5bw9TPQxSFMBr-mDBw==" rel="nofollow noopener" target="_blank">avricore.com</a></p>
<p><strong>Cautionary Note Regarding Forward-Looking Statements</strong></p>
<p>Information in this press release that involves Avricore Health&#x2019;s expectations, plans, intentions, or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Avricore Health generally uses words such as &#x201c;outlook,&#x201d; &#x201c;will,&#x201d; &#x201c;could,&#x201d; &#x201c;would,&#x201d; &#x201c;might,&#x201d; &#x201c;remains,&#x201d; &#x201c;to be,&#x201d; &#x201c;plans,&#x201d; &#x201c;believes,&#x201d; &#x201c;may,&#x201d; &#x201c;expects,&#x201d; &#x201c;intends,&#x201d; &#x201c;anticipates,&#x201d; &#x201c;estimate,&#x201d; &#x201c;future,&#x201d; &#x201c;positioned,&#x201d; &#x201c;potential,&#x201d; &#x201c;project,&#x201d; &#x201c;remain,&#x201d; &#x201c;scheduled,&#x201d; &#x201c;set to,&#x201d; &#x201c;subject to,&#x201d; &#x201c;upcoming,&#x201d; and similar expressions to help identify forward-looking statements. In this press release, forward-looking statements include statements regarding: the national expansion of the NHS pharmacy cholesterol testing programme and the participation of the HealthTab<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> platform in it; the anticipated timing and scope of pharmacy site deployments; the anticipated benefits of the programme to the Company; and the Company&#x2019;s growth strategy in the UK. Forward-looking statements reflect the then-current expectations, beliefs, assumptions, estimates and forecasts of Avricore Health&#x2019;s management. The forward-looking statements in this press release are based upon information available to Avricore Health as of the date of this press release. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Avricore Health and are subject to a number of risks, uncertainties, and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations, including without limitation: dependence on key partnerships and NHS programme decisions; failure to meet regulatory requirements; changes in the market; potential downturns in economic conditions; and other risk factors described in Avricore&#x2019;s public filings. These forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.</p>
<p><em>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.</em></p>
<p> <img decoding="async" alt="HealthTab™ Programme Expands Nationally Across England" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxOTIxNyM3ODEyMDc3IzIwODk1NDM="> <br /><img decoding="async" alt="Avricore Health Inc HealthTab™ Programme Expands Nationally Across England" src="https://ml.globenewswire.com/media/ZWQxMzg0ZDUtN2U2NC00NWY2LWJmMWQtYmRjMDVjMTc5YTY2LTExMDExMTQtMjAyNi0wOS0wMS1lbg==/tiny/Avricore-Health-Inc-.png"></p>
<p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a3e47a88-fedc-4db4-969f-5fe1f028c54a" target="_blank" rel="noopener"><img loading="lazy" decoding="async" src="https://ml.globenewswire.com/media/a3e47a88-fedc-4db4-969f-5fe1f028c54a/small/avicorelogo-png.png" border="0" width="150" height="50" alt="Primary Logo" /></a></p>
<p>Featured Image: Megapixl @ ARTFULLY-79</p>
<p><a href="https://pressreach.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
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		<title>Hyperscale Data Bitcoin Treasury at Approximately 215 Bitcoin Worth Approximately $16.7 Million; Company Sold Approximately 65 Bitcoin for Approximately $5.1 Million During Week Ended August 30, 2026</title>
		<link>https://pressreach.com/crypto/hyperscale-data-bitcoin-treasury-at-approximately-215-bitcoin-worth-approximately-16-7-million-company-sold-approximately-65-bitcoin-for-approximately-5-1-million-during-week-ended-august-30-2026/</link>
		
		<dc:creator><![CDATA[Cision]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:30:08 +0000</pubDate>
				<category><![CDATA[Crypto]]></category>
		<category><![CDATA[cision]]></category>
		<category><![CDATA[editorial]]></category>
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		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206913</guid>

					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/391fe4b1849a92dbf5d19c05beb160af.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="391fe4b1849a92dbf5d19c05beb160af Hyperscale Data Bitcoin Treasury at Approximately 215 Bitcoin Worth Approximately $16.7 Million; Company Sold Approximately 65 Bitcoin for Approximately $5.1 Million During Week Ended August 30, 2026" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>LAS VEGAS, Sept. 1, 2026 /PRNewswire/ &#8212; Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (&#8220;AI&#8220;) data center company anchored by Bitcoin (&#8220;Hyperscale Data&#8221; or the &#8220;Company&#8220;), today announced that, as of August 30, 2026, it held 214.9701 Bitcoin representing an aggregate value of approximately $16.7 million based on the Bitcoin closing price of $77,668 &#8230; <a href="https://pressreach.com/crypto/hyperscale-data-bitcoin-treasury-at-approximately-215-bitcoin-worth-approximately-16-7-million-company-sold-approximately-65-bitcoin-for-approximately-5-1-million-during-week-ended-august-30-2026/" class="more-link">Continue reading<span class="screen-reader-text"> "Hyperscale Data Bitcoin Treasury at Approximately 215 Bitcoin Worth Approximately $16.7 Million; Company Sold Approximately 65 Bitcoin for Approximately $5.1 Million During Week Ended August 30, 2026"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/391fe4b1849a92dbf5d19c05beb160af.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="391fe4b1849a92dbf5d19c05beb160af Hyperscale Data Bitcoin Treasury at Approximately 215 Bitcoin Worth Approximately $16.7 Million; Company Sold Approximately 65 Bitcoin for Approximately $5.1 Million During Week Ended August 30, 2026" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>LAS VEGAS, Sept. 1, 2026 /PRNewswire/ &#8212; <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764502-1&amp;h=1273724085&amp;u=https%3A%2F%2Fhyperscaledata.com%2F&amp;a=Hyperscale+Data%2C+Inc." target="_blank" rel="nofollow noopener">Hyperscale Data, Inc.</a> (NYSE American: GPUS), an artificial intelligence (&#8220;<b>AI</b>&#8220;) data center company anchored by <span><span class="" title=""><span class="" title=""><span class="" title="">Bitcoin</span></span></span></span> (&#8220;<b>Hyperscale Data</b>&#8221; or the &#8220;<b>Company</b>&#8220;), today announced that, as of August 30, 2026, it held 214.9701 <span><span class="" title=""><span class="" title=""><span class="" title="">Bitcoin</span></span></span></span> representing an aggregate value of approximately $16.7 million based on the <span><span class="" title=""><span class="" title=""><span class="" title="">Bitcoin</span></span></span></span> closing price of $77,668 on August 30, 2026.</p>
<div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
<p>
                    <img decoding="async" src="https://mmx.prnewswire.com/media/MS1845972/Hyperscale-Data-Registered-Mark-Logo.jpg?id=OA2922013" title="Hyperscale Data" alt="Hyperscale Data"></img>
                </p>
</p></div>
<p>In aggregate, the Company&#8217;s wholly owned subsidiaries, Sentinum, Inc. (&#8220;<b>Sentinum</b>&#8220;) and Ault Capital Group, Inc. (&#8220;<b>ACG</b>&#8220;), held 214.9701 <span><span class="" title=""><span class="" title=""><span class="" title="">Bitcoin</span></span></span></span> as of August 30, 2026. During the week ended August 30, 2026, the Company sold approximately 65 <span><span class="" title=""><span class="" title=""><span class="" title="">Bitcoin</span></span></span></span> in the open market. Based on the <span><span class="" title=""><span class="" title=""><span class="" title="">Bitcoin</span></span></span></span> closing price of $77,668 on August 30, 2026, these collective holdings had an approximate market value of $16.7 million.</p>
<p>&#8220;We remain committed to supporting our data center operations,&#8221; stated Milton &#8220;Todd&#8221; Ault III, Executive Chairman of Hyperscale Data. &#8220;The sale of approximately $5.1 million of <span><span class="" title=""><span class="" title=""><span class="" title="">Bitcoin</span></span></span></span> provides additional capital to support the continued development of our Michigan data center. With the recently announced Master Services Agreement (&#8220;<b>MSA</b>&#8220;) representing an approximate $1.2 billion of contracted value, we believe the Michigan data center is a critical and potentially transformative asset for the Company. That belief is only further supported by the expansion options in the MSA that could bring the contracted value to over $3 billion while representing approximately 20% of the Michigan data center&#8217;s potential 340 megawatt power capacity.&#8221;</p>
<p class="prntaj"><span>For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data&#8217;s public filings and press releases available under the Investor Relations section at </span><a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764502-1&amp;h=773790801&amp;u=https%3A%2F%2Fhyperscaledata.com%2F&amp;a=hyperscaledata.com" target="_blank" rel="nofollow noopener"><span>hyperscaledata.com</span></a> <span>or available at </span><a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764502-1&amp;h=441428417&amp;u=https%3A%2F%2Fcts.businesswire.com%2Fct%2FCT%3Fid%3Dsmartlink%26url%3Dhttp%253A%252F%252Fwww.sec.gov%26esheet%3D52731738%26newsitemid%3D20220526005296%26lan%3Den-US%26anchor%3Dwww.sec.gov%26index%3D3%26md5%3D71730248d1246129aacecb836b4f9383&amp;a=www.sec.gov." target="_blank" rel="nofollow noopener"><span>www.sec.gov</span><span>.</span></a></p>
<p><b>About Hyperscale Data, Inc.</b></p>
<p>Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data&#8217;s other wholly owned subsidiary, ACG, is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.</p>
<p>Hyperscale Data currently expects the divestiture of ACG (the &#8220;<b>Divestiture</b>&#8220;) to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data&#8217;s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.</p>
<p>On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the &#8220;<b>Series F Preferred Stock</b>&#8220;) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the &#8220;<b>ACG Shares</b>&#8220;). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.</p>
<p><b>Forward-Looking Statements</b></p>
<p>This press release contains &#8220;forward-looking statements&#8221; within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as &#8220;believes,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;projects,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;strategy,&#8221; &#8220;future,&#8221; &#8220;opportunity,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;potential,&#8221; or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.</p>
<p class="prntaj"><span>Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company&#8217;s business and financial results are included in the Company&#8217;s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company&#8217;s Forms 10-K, 10-Q and 8-K. All filings are available at </span><a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764502-1&amp;h=1101023648&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov" target="_blank" rel="nofollow noopener"><span>www.sec.gov</span></a> <span>and on the Company&#8217;s website at </span><a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764502-1&amp;h=773790801&amp;u=https%3A%2F%2Fhyperscaledata.com%2F&amp;a=hyperscaledata.com" target="_blank" rel="nofollow noopener"><span>hyperscaledata.com</span></a><span>.</span></p>
<p> </p>
<p id="PURL"><img loading="lazy" decoding="async" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=SF37781&amp;sd=2026-09-01"></img> View original content to download multimedia:<a id="PRNURL" rel="nofollow noopener" href="https://www.prnewswire.com/news-releases/hyperscale-data-bitcoin-treasury-at-approximately-215-bitcoin-worth-approximately-16-7-million-company-sold-approximately-65-bitcoin-for-approximately-5-1-million-during-week-ended-august-30--2026--302865694.html" target="_blank">https://www.prnewswire.com/news-releases/hyperscale-data-bitcoin-treasury-at-approximately-215-bitcoin-worth-approximately-16-7-million-company-sold-approximately-65-bitcoin-for-approximately-5-1-million-during-week-ended-august-30&#8211;2026&#8211;302865694.html</a></p>
<p>SOURCE Hyperscale Data Inc.</p>
<p></img></p>
<p>Featured Image: Unplash @ techdailyca</p>
<p><a href="https://pressreach.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
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		<title>UWMC Class Action Alert: UWM Holdings Hedging Strategy Issues and Subsequent 34% Stock Drop Lead to Investor Securities Fraud Class Action to Recover Losses</title>
		<link>https://pressreach.com/financial/uwmc-class-action-alert-uwm-holdings-hedging-strategy-issues-and-subsequent-34-stock-drop-lead-to-investor-securities-fraud-class-action-to-recover-losses/</link>
		
		<dc:creator><![CDATA[Cision]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:30:03 +0000</pubDate>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[cision]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[pr]]></category>
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		<guid isPermaLink="false">https://pressreach.com/?p=206910</guid>

					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/e5928bb959605853cc8e670f54d6e4a0.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="e5928bb959605853cc8e670f54d6e4a0 UWMC Class Action Alert: UWM Holdings Hedging Strategy Issues and Subsequent 34% Stock Drop Lead to Investor Securities Fraud Class Action to Recover Losses" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>UWM has been sued for securities fraud after its stock plummeted 34.78% because UWM allegedly misrepresented its mortgage servicing rights hedging strategy and the risks created by hedging connected to the Two Harbors transaction. NEW YORK, Sept. 1, 2026 /PRNewswire/ &#8212; Leading securities law firm Bleichmar Fonti &#38; Auld LLP announces that a class action lawsuit &#8230; <a href="https://pressreach.com/financial/uwmc-class-action-alert-uwm-holdings-hedging-strategy-issues-and-subsequent-34-stock-drop-lead-to-investor-securities-fraud-class-action-to-recover-losses/" class="more-link">Continue reading<span class="screen-reader-text"> "UWMC Class Action Alert: UWM Holdings Hedging Strategy Issues and Subsequent 34% Stock Drop Lead to Investor Securities Fraud Class Action to Recover Losses"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/e5928bb959605853cc8e670f54d6e4a0.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="e5928bb959605853cc8e670f54d6e4a0 UWMC Class Action Alert: UWM Holdings Hedging Strategy Issues and Subsequent 34% Stock Drop Lead to Investor Securities Fraud Class Action to Recover Losses" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>UWM has been sued for securities <span>fraud</span> after its stock plummeted 34.78% because UWM <span>allegedly</span> misrepresented its mortgage servicing rights hedging strategy and the risks created by hedging connected to the Two Harbors transaction.</p>
<p>NEW YORK, Sept. 1, 2026 /PRNewswire/ &#8212; Leading securities law firm <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764047-1&amp;h=1788165095&amp;u=https%3A%2F%2Fwww.bfalaw.com%2Fcases%2Fuwm-holdings-class-action-lawsuit&amp;a=Bleichmar+Fonti+%26+Auld+LLP" target="_blank" rel="nofollow noopener"><b>Bleichmar Fonti &amp; Auld LLP</b></a> announces that a class action lawsuit has been filed against UWM Holdings Corporation (NYSE:UWMC) and certain of the company&#8217;s senior executives for securities <span>fraud</span> after its significant stock drop resulting from potential violations of the federal securities laws.</p>
<div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
<p>
                    <img decoding="async" src="https://mmx.prnewswire.com/media/MS1804470/Bleichmar-Fonti-Auld-LLP-Logo.jpg?id=OA2921160" title="BFA Law Firm" alt="BFA Law Firm"></img>
                </p>
</p></div>
<p>If you invested in UWM, you are encouraged to obtain additional information by visiting: <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764047-1&amp;h=3605941464&amp;u=https%3A%2F%2Fwww.bfalaw.com%2Fcases%2Fuwm-holdings-class-action-lawsuit&amp;a=https%3A%2F%2Fwww.bfalaw.com%2Fcases%2Fuwm-holdings-class-action-lawsuit" target="_blank" rel="nofollow noopener"><b>https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit</b></a>.</p>
<p><b>Key Details of the UWM ($UWMC) Class Action:</b></p>
<ul type="disc">
<li><b>Lead Plaintiff Deadline: </b>October 13, 2026</li>
<li><b><span>Alleged</span> Misconduct: </b>Securities <span>fraud</span> alleging that UWM misrepresented its mortgage servicing rights hedging strategy and the risks created by hedging connected to the Two Harbors transaction </li>
<li><b>Stock Drop: </b>August 6, 2026 – 34.78% Stock Drop</li>
<li><b>Court: </b>U.S. District Court for the Eastern District of Michigan</li>
<li><b>Action: </b>Contact <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764047-1&amp;h=1399554752&amp;u=https%3A%2F%2Fwww.bfalaw.com%2Fcases%2Fuwm-holdings-class-action-lawsuit&amp;a=BFA+Law" target="_blank" rel="nofollow noopener">BFA Law</a> to discuss your rights</li>
</ul>
<p>Investors have until October 13, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities <span>fraud</span> claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in UWM securities. The class action is pending in the U.S. District Court for the Eastern District of Michigan. It is captioned <i>Bond v. UWM Holdings Corporation et al.</i>, No. 26-cv-12862.</p>
<p><b>Why is UWM Being Sued for Securities <span>Fraud</span>? </b></p>
<p>UWM originates, sells, and services residential mortgage loans in the United States. In December 2025, UWM and Two Harbors Investment Corp., owner of RoundPoint Mortgage Servicing, signed an all-stock merger agreement valued at $1.3 billion.</p>
<p>According to the complaint, in March 2026, Two Harbors terminated the UWM agreement after CrossCountry Mortgage made a competing cash offer and agreed to pay UWM&#8217;s termination fee.</p>
<p>As <span>alleged</span>, UWM failed to disclose that it had deviated from its traditional strategy of not hedging its mortgage servicing rights by taking a major hedge position, that it over-hedged itself in anticipation of the Two Harbors transaction, and that its purported efforts to balance risk created excess hedging risk.</p>
<p><b>Why did UWM&#8217;s Stock Drop?</b><br /></br><br /></br>On August 5, 2026, after the market closed, UWM reported Q2 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges.</p>
<p>Then, on August 6, 2026, UWM disclosed that it &#8220;over-hedged&#8221; while protecting against the Two Harbors transaction and stated that UWM does not traditionally hedge its mortgage servicing rights. UWM further disclosed that when it was acquiring Two Harbors and a large mortgage servicing rights book, &#8220;it created a little more risk,&#8221; that UWM &#8220;did put a hedge on to protect against that risk,&#8221; and that &#8220;the Two Harbors transaction went away,&#8221; creating a hedge loss. On this news, UWM&#8217;s stock dropped $0.64 per share, or 34.78%, from a closing price of $1.84 per share on August 5, 2026, to $1.20 per share on August 6, 2026.</p>
<p><b>Click here for more information: </b><a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764047-1&amp;h=3605941464&amp;u=https%3A%2F%2Fwww.bfalaw.com%2Fcases%2Fuwm-holdings-class-action-lawsuit&amp;a=https%3A%2F%2Fwww.bfalaw.com%2Fcases%2Fuwm-holdings-class-action-lawsuit" target="_blank" rel="nofollow noopener"><b>https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit</b></a><b>. </b></p>
<p><b>What Can You Do?</b></p>
<p>If you invested in UWM, you may have legal options and are encouraged to submit your information to the firm.</p>
<p>All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.</p>
<p><b>Submit your information by visiting:</b></p>
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		<title>Luckin Coffee Announces Upsizing of Share Repurchase Program</title>
		<link>https://pressreach.com/food-beverage/luckin-coffee-announces-upsizing-of-share-repurchase-program/</link>
		
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		<pubDate>Tue, 01 Sep 2026 10:15:12 +0000</pubDate>
				<category><![CDATA[Food & Beverage]]></category>
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					<description><![CDATA[<figure><img width="1200" height="681" src="https://pressreach.com/wp-content/uploads/2026/09/c609830a97f52452e10ac5126818a3d5-1200x681.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="c609830a97f52452e10ac5126818a3d5 Luckin Coffee Announces Upsizing of Share Repurchase Program" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>BEIJING, Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; Luckin Coffee Inc. (&#x201c;Luckin Coffee&#x201d; or the &#x201c;Company&#x201d;) (OTC: LKNCY) today announced that its board of directors has approved the upsizing of the Company&#x2019;s share repurchase program (the &#x201c;Share Repurchase Program&#x201d;). As previously disclosed, in April 2026, the Company launched the Share Repurchase Program, pursuant to which the &#8230; <a href="https://pressreach.com/food-beverage/luckin-coffee-announces-upsizing-of-share-repurchase-program/" class="more-link">Continue reading<span class="screen-reader-text"> "Luckin Coffee Announces Upsizing of Share Repurchase Program"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="1200" height="681" src="https://pressreach.com/wp-content/uploads/2026/09/c609830a97f52452e10ac5126818a3d5-1200x681.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="c609830a97f52452e10ac5126818a3d5 Luckin Coffee Announces Upsizing of Share Repurchase Program" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p align="justify">BEIJING, Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; Luckin Coffee Inc. (&#x201c;Luckin Coffee&#x201d; or the &#x201c;Company&#x201d;) (OTC: LKNCY) today announced that its board of directors has approved the upsizing of the Company&#x2019;s share repurchase program (the &#x201c;Share Repurchase Program&#x201d;). As previously disclosed, in April 2026, the Company launched the Share Repurchase Program, pursuant to which the Company was authorized to repurchase up to US&#x24;300 million of its Class A ordinary shares in the form of American depositary shares (&#x201c;ADSs&#x201d;) over a 12-month period from April 30, 2026 (the &#x201c;Term of the Share Repurchase Period&#x201d;). As of August 31, 2026, the Company had repurchased a total of 71.6 million Class A ordinary shares (equivalent to 8.9 million ADSs) for a total consideration of US&#x24;287.2 million under the Share Repurchase Program.</p>
<p align="justify">The Company&#x2019;s board of directors has approved an adjustment to the Share Repurchase Program, pursuant to which the aggregate value of shares that the Company is authorized to repurchase under the Share Repurchase Program is increased by US&#x24;200 million, from US&#x24;300 million to US&#x24;500 million. The additional US&#x24;200 million repurchase authorization will be effective through the Term of the Share Repurchase Period.</p>
<p align="justify">The Company&#x2019;s share repurchases, if any, under the Share Repurchase Program may be made from time to time on the open market at prevailing market prices, in open-market transactions, privately negotiated transactions or block trades, and/or through other legally permissible means, depending on market conditions and in accordance with the applicable rules and regulations. The timing and conditions of the share repurchases will be subject to various factors including the requirements under Rule 10b-18 and Rule 10b5-1 of the Exchange Act. The Company&#x2019;s board of directors will review the Share Repurchase Program periodically and may authorize adjustments to its terms and size or suspend or discontinue the program.</p>
<p align="justify">The Share Repurchase Program is dependent upon market and economic conditions, and other factors including price, legal and regulatory requirements and capital availability. The Share Repurchase Program does not obligate&#xa0;Luckin Coffee&#xa0;to acquire any particular number of American depositary shares, and the Share Repurchase Program may be modified or suspended at any time at the management&apos;s discretion.</p>
<p><strong>SAFE HARBOR STATEMENTS</strong></p>
<p align="justify">This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the &#x201c;safe harbor&#x201d; provisions of the&#xa0;U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as &#x201c;will,&#x201d; &#x201c;expects,&#x201d; &#x201c;anticipates,&#x201d; &#x201c;future,&#x201d; &#x201c;intends,&#x201d; &#x201c;plans,&#x201d; &#x201c;believes,&#x201d; &#x201c;estimates,&#x201d; &#x201c;potential,&#x201d; &#x201c;continue,&#x201d; &#x201c;ongoing,&#x201d; &#x201c;targets,&#x201d; &#x201c;guidance&#x201d; and similar statements.&#xa0;Luckin Coffee&#xa0;may also make written or oral forward-looking statements in its periodic reports to the&#xa0;U.S. Securities and Exchange Commission&#xa0;(the &#x201c;SEC&#x201d;), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Luckin Coffee&#x2019;s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings or investigations in connection with&#xa0;Luckin Coffee; the outcome and effect of the restructuring of Luckin Coffee&#x2019;s financial obligations; Luckin Coffee&#x2019;s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of Luckin Coffee&#x2019;s previously issued financial results; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in the coffee industry or the food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China&#x2019;s coffee industry or China&#x2019;s food and beverage sector in general; governmental policies and regulations relating to Luckin Coffee&#x2019;s industry; and general economic and business conditions globally and in&#xa0;China&#xa0;and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in Luckin Coffee&#x2019;s filings with the&#xa0;SEC. All information provided in this press release and in the attachments is as of the date of this press release, and&#xa0;Luckin Coffee&#xa0;undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>
<p><strong>About Luckin Coffee Inc.</strong></p>
<p align="justify">Luckin Coffee (OTC: LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high convenience and high affordability to customers. Empowered by proprietary technologies, Luckin Coffee pursues its vision to build a world-class coffee brand and become a part of everyone&#x2019;s daily life. Luckin Coffee was founded in 2017 and is based in China. For more information, please visit&#xa0;<a href="https://www.globenewswire.com/Tracker?data=eZKgi5GmRhuuCb7lD9tzJyXHfIHOLZcL5bMRwg3EPPGw1TEbQjjAYK6YlQB_2eBNfyyfwgE113K8ZVRBQ4VQZ4w7UhRG9UxpsP5F4IsN5rYv1Zt4Mo2zXHH2cTEdn5CYqDymOzGMdD6aMrdJoSu6riuxrKHcO7fNXSoWmN-1I9cpjifxqdqbhofrkjGUNuacw7kFcOnmKEH4BtOrXRN45JwS9eiC96lf-4tXodkvWLNO55vWDhbmNNl0K8ZRLZYvea-Rf-r3JChRNOO-bgoXvQ==" rel="nofollow noopener" target="_blank">investor.lkcoffee.com</a>.</p>
<p><strong>Investor and Media Contacts</strong></p>
<p><strong>Investor Relations:</strong><br />Luckin Coffee IR<br />Email:&#xa0;<a href="https://www.globenewswire.com/Tracker?data=qf3m_20bhacpdOLPNddVFhqEgno-Ps3m02N3xJUdHqm6Dyv2saohz7176PlV2Y8Wqc-cTZwUUJ4JJWJJHTcCNZI9DbfXrOu-8gX-luDcQ4CA-TCAlkbl367yi66DwolQKSzsOKhRXsroEurDJ7ym36_TC9IWjDubrjxpktIrkTPHX5XEI0HxnmYXcOTORT8S8IcFtJtGInNMCCvjG9KEaHEob_NbebcxGSWQHO_FbRs=" rel="nofollow noopener" target="_blank">ir@lkcoffee.com</a></p>
<p>Bill Zima<br />ICR<br />Phone: 646 880 9039</p>
<p><strong>Media Relations:</strong><br />Luckin Coffee PR<br />Email:&#xa0;<a href="https://www.globenewswire.com/Tracker?data=02Mv4b_5RSlkrshW5LzHL9pIoRpQorWGE-LCLuaVe6X4Osg7saWLP5l7FKrvdmjksezRMv2O7UX1W92UGQHkBye9FoGt0aepMAdoDA9qmV4S4Xw3re5F2BT2TYinvc19YthyorTFZ6zZbfzWdxXqLum07UrtZYPedN6Pr1LbDLX4VGzQUxLTTsefdrbBglbFsq6NhDFxKfZFCqVh0jYICPmBTnH7HSIimt5pg3HHp7x_X1Mrp1pByQnV_0NTbwKFme-869qT-BIvu7_z6ieDbg==" rel="nofollow noopener" target="_blank">pr@lkcoffee.com</a></p>
<p> <img decoding="async" alt="Luckin Coffee Announces Upsizing of Share Repurchase Program" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxOTI0MyM3ODEyMTMzIzIxNzczMzI="> <br /><img decoding="async" alt="Luckin Coffee Inc Luckin Coffee Announces Upsizing of Share Repurchase Program" src="https://ml.globenewswire.com/media/YzJjYjY4NDItOWUwYy00NTIzLThiMGYtOWM2OGEyN2YyN2EzLTExODg5MDItMjAyNi0wOS0wMS1lbg==/tiny/Luckin-Coffee-Inc-.png"></p>
<p>Featured Image: Megapixl @ Subbotina</p>
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		<title>OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor August Payment Volume Nearly Tripled Month Over Month</title>
		<link>https://pressreach.com/technology/owlting-group-nasdaq-owls-reports-owlpay-harbor-august-payment-volume-nearly-tripled-month-over-month/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:15:09 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
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					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/f7fedac5a0f1b295587211ffc5093c13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="f7fedac5a0f1b295587211ffc5093c13 OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor August Payment Volume Nearly Tripled Month Over Month" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>ARLINGTON, Va., Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; OwlTing Group (NASDAQ: OWLS) (&#34;OwlTing&#34; or the &#34;Company&#34;), the operating brand of OBOOK Holdings Inc., a global fintech company building regulated payment infrastructure, today reported August 2026 operating metrics for OwlPay Harbor, its digital currency-based platform for cross-border enterprise payments.1 OwlPay Harbor: August 2026 headline metrics, as &#8230; <a href="https://pressreach.com/technology/owlting-group-nasdaq-owls-reports-owlpay-harbor-august-payment-volume-nearly-tripled-month-over-month/" class="more-link">Continue reading<span class="screen-reader-text"> "OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor August Payment Volume Nearly Tripled Month Over Month"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/f7fedac5a0f1b295587211ffc5093c13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="f7fedac5a0f1b295587211ffc5093c13 OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor August Payment Volume Nearly Tripled Month Over Month" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p align="center"><img loading="lazy" decoding="async" alt="Bar chart showing OwlPay Harbor annualized payment volume rising each month from Jan. to Aug. 2026, reaching approximately US&#x24;255 million in Aug." height="335" src="https://ml.globenewswire.com/Resource/Download/6a25e123-5a77-47d7-8cc9-a2d46f002faa/-2026-09-01-4-12-17.png" width="600" data-dpi="96" data-caption="OwlPay Harbor annualized payment volume by month, January to August 2026." data-filename="&#x622a;&#x5716; 2026-09-01 &#x4e0b;&#x5348;4.12.17.png" /></p>
<p align="justify">ARLINGTON, Va., Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; OwlTing Group (NASDAQ: OWLS) (&quot;OwlTing&quot; or the &quot;Company&quot;), the operating brand of OBOOK Holdings Inc., a global fintech company building regulated payment infrastructure, today reported August 2026 operating metrics for OwlPay Harbor, its digital currency-based platform for cross-border enterprise payments.<sup>1</sup></p>
<p align="justify"><strong>OwlPay Harbor: August 2026 headline metrics</strong>, as of August 31, 2026:<sup>2</sup></p>
<ul type="disc">
<li style="text-align:justify"><strong>Annualized payment volume was approximately US&#x24;255 million</strong>, compared to approximately US&#x24;93 million based on July 2026 activity<sup>3</sup></li>
<li style="text-align:justify"><strong>August payment volume increased 174.6% </strong>compared to July 2026, the seventh consecutive month-over-month increase in payment volume</li>
<li style="text-align:justify"><strong>Completed transaction count increased 89.2% </strong>compared to July 2026</li>
<li style="text-align:justify"><strong>Contracted enterprise clients reached 84</strong>, compared to 79 as of July 31, 2026; of these, 23 completed payments on the platform during August 2026<sup>4</sup></li>
</ul>
<p align="justify">Growth in August reflected both a higher number of payments and an increase in average payment size. Clients already live continue to expand their activity, and each newly activated client adds to the base.</p>
<p align="justify">Of the 84 enterprise clients under contract at the end of August, 23 sent payments during the month. The other contracted clients were progressing through various stages before production activity, including compliance review, technical integration, corridor testing, and phased activation.</p>
<p align="justify">&#x201c;What moves across Harbor is real-world enterprise payments, not digital asset trading activity. Businesses use Harbor to pay freight and shipping invoices, suppliers, and manufacturers,&#x201d; said <strong>Darren Wang, Founder and CEO at OwlTing Group</strong>. &#x201c;We spent years building the regulatory, banking, settlement, and compliance infrastructure required to support this activity before volume arrived. As transaction activity scales, we believe we are beginning to see the operating leverage of that work.&#x201d;</p>
<p align="justify">OwlPay Harbor lets a business in one market pay a supplier, partner, or recipient in another. The payer sends funds in U.S. dollars or digital currencies, and the recipient is paid in their own local currency into a bank account in the destination market. OwlPay earns a fee on each payment completed on the platform, so fee revenue grows with payment volume.</p>
<p align="justify">OwlPay Harbor entered commercial scaling in early 2026, following more than five years of investment in payment technology, regulatory infrastructure, banking and settlement relationships, and compliance capabilities. That infrastructure was built ahead of demand, and the Company believes it can support considerably more volume without a proportionate increase in operating cost. The Company will continue to report these metrics consistently through OwlPay Harbor&apos;s commercial scaling phase and will disclose any material change in how a metric is defined or calculated.</p>
<p align="justify"><strong>About OwlTing Group</strong><br />OwlTing Group (NASDAQ: OWLS) is the operating brand of OBOOK Holdings Inc., a global fintech company building regulated payment infrastructure, founded in Taiwan with subsidiaries across the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. Its OwlPay platform is a fiat-digital currency hybrid payment solution that helps businesses move money across borders in the expanding digital economy. Recognized for rapid growth and industry leadership, OwlTing was ranked No. 226 on the Financial Times and Statista &#x201c;High-Growth Companies Asia-Pacific 2026&#x201d; list with a 42% CAGR, and named among the key global players in the &#x201c;Enterprise &amp; B2B&#x201d; category by CB Insights. For more information, visit <a href="https://www.globenewswire.com/Tracker?data=mOxdKIF88DzdTPC7uektuxoMl1d08YFyJuhpJtyfdiNVsHe6Qds1m6acisDUzD4yQgzjrgJBooDCBqvYWzHbUaZhoIlRmelSZLj82L_F42jJ5TCeCYdqlod-Q3SqzyVt" rel="nofollow noopener" target="_blank"><u>www.owlting.com/portal/?lang=en</u></a>.</p>
<p align="justify"><strong>Forward-Looking Statements</strong><br />This announcement contains forward-looking statements within the meaning of applicable securities laws. These statements relate to future events or the Company&#x2019;s future financial or operating performance and involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements can often be identified by words such as &#x201c;may,&#x201d; &#x201c;will,&#x201d; &#x201c;expect,&#x201d; &#x201c;anticipate,&#x201d; &#x201c;plan,&#x201d; &#x201c;intend,&#x201d; &#x201c;believe,&#x201d; &#x201c;estimate,&#x201d; or similar expressions. These forward-looking statements are based on the Company&#x2019;s current expectations and assumptions and speak only as of the date of this announcement. The Company undertakes no obligation to update any forward-looking statements, except as required by law. Investors are cautioned not to place undue reliance on these statements and are encouraged to review the risk factors described in the Company&#x2019;s filings with the U.S. Securities and Exchange Commission.</p>
<p align="justify"><strong>OwlTing Group Media Relations</strong><br /><a href="https://www.globenewswire.com/Tracker?data=2JxADuEZ1--4KOY-d6IM4Cjk-66BzwxL-C1Zx8kRor0z12Oq_DwYihLkIqA9Jc9OgHMSt8sKAjL8Xwsx4lTu2k_eTPa44IrfAr4-2ovewqg=" rel="nofollow noopener" target="_blank"><u>pr_office@owlting.com</u></a></p>
<p align="justify"><strong>OwlTing Group Investor Relations</strong><br /><a href="https://www.globenewswire.com/Tracker?data=sGEGovfcZ1qfaRro3iyk3TQunWUQu3Astmm1-EEvK1eDW_qsuXmRzAijPIbRPCLdJEfG5lOlp2otd8p5ouu0mA==" rel="nofollow noopener" target="_blank"><u>ir@owlting.com</u></a></p>
<p align="left" style="padding-left:0pt"><sup><sup>__________________________________________________<br />1</sup></sup> All money transmission services in the United States are provided by OwlTing USA, Inc. (NMLS ID: 2324336), a wholly owned subsidiary of OBOOK Holdings Inc.<br /><sup><sup>2</sup></sup> All operating metrics in this announcement are unaudited and are derived from the Company&apos;s internal records as of the data extraction date, and cover the calendar month of August 2026 unless otherwise stated. Amounts for prior periods reflect data as of the current extraction date and may differ from amounts previously reported, which reflected data available at the time of the applicable announcement. Percentage changes presented in this announcement are calculated from unrounded underlying data derived from a single data extraction.<br /><sup><sup>3</sup></sup> Annualized payment volume is calculated by dividing completed payment volume on OwlPay Harbor during the applicable calendar month by the number of days in that month and multiplying the result by 365. Annualized payment volume for July 2026 is presented on a basis consistent with the August 2026 figure and derived from the same data extraction; the Company previously reported annualized payment volume of approximately US&#x24;96 million for July 2026, based on data available at the time of that announcement. Annualized payment volume is a derived operating measure. It does not represent actual historical annual payment volume, contracted payment volume, revenue, or financial guidance, and it should not be used to project future payment volume or revenue. Completed payment volume in any reference period may not be representative of any other period.<br /><sup><sup>4</sup></sup> Enterprise client counts are unaudited and derived from the Company&apos;s internal records, including clients with an executed Services Agreement and/or fee schedule with the Company. Clients completing payments during the month refers to contracted enterprise clients that completed at least one payment on OwlPay Harbor during the calendar month. The number of clients completing payments in any given month may vary. The enterprise client count as of July 31, 2026 was previously disclosed. See &quot;OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor July Payment Volume Increased 107.6% Month Over Month,&quot; issued August 3, 2026 via GlobeNewswire at <a href="https://www.globenewswire.com/Tracker?data=pt2j6d0xDKmid0zSk0zZGu0yvbcrsUh87i7iV1KZy8Rpl2VP6FaTCv_bzREi22zSKXvB7qSNoEXfBwshKCT87hhc80vszFQT5pCwYV12u03uKC5Zx9SZ4S4AUzPZ6817DK4YI9pXx3HtFvHQpb52kGqbQZR2iHo5PLx4hzehBGCy7PBjVjnGIIv9HK3bJqNPl2YdajuQ3211IzOLUWCmWX6tkEtelkl0Kk51oqx9HAaB2rS1wGxhA2HtL3y0_1g40JOwCVhXUZojJB36Tow_KiQfS0zkoRvaQT6Opd-wNE8dgF0xlsZ2757DcGkhyN_y9F_GajaN7fuPK62l-Ps8-zPrcdgSv5YuInOuri37Prh5ceEYu_IBY4toTz1lXehf2xtkNr5-uBiKtbxLqEuYnGs3ydfNyD7b2qGduVwQTdtyZ7I-bpxmKk8Gb0VMUJM0J5joUxQEvkGMTiF6RaAKPC3mmiGscRSY52fGoRS86Jn4EsurOZxucCu5AvGlTtRA" rel="nofollow noopener" target="_blank"><u>https://www.globenewswire.com/news-release/2026/08/03/3337383/0/en/owlting-group-nasdaq-owls-reports-owlpay-harbor-july-payment-volume-increased-107-6-month-over-month.html</u></a>.</p>
<p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=pt2j6d0xDKmid0zSk0zZGu0yvbcrsUh87i7iV1KZy8SM2Pkd-QYkyd_eS9SRHzFpdwzo6k6iFubN7AJmwUvloG5CNRNTAgser3YdT1KwT4eLONrg7OET9suJGKhBnIdEvotQt24tuND9H8sHJ9xgsAwuuJHeZOWXIIgL1lh0160A3671dl1lhfSusTXe66yQzkrl4EuVWZ6Ft_SJ9YXyLObaSekf-11R89adSUd7CwZm9NwZyfMIbXm6nXpzwW-uUa6YhSjY7JiPmDjnV_1Klw==" rel="nofollow noopener" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/6a25e123-5a77-47d7-8cc9-a2d46f002faa</a></p>
<p> <img decoding="async" alt="OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor August Payment Volume Nearly Tripled Month Over Month" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxOTI4MSM3ODEyMjYzIzIwOTUwNjk="> <br /><img decoding="async" alt="OwlTing Group OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor August Payment Volume Nearly Tripled Month Over Month" src="https://ml.globenewswire.com/media/YjdkYjg2MWYtYmMyOC00YzY2LTg1YzItZGVkODVmM2M2YzE5LTExMDY2NDAtMjAyNi0wOS0wMS1lbg==/tiny/OwlTing-Group.png"></p>
<p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/f044d335-9e0f-4fe4-8ffd-3414828e326f" target="_blank" rel="noopener"><img loading="lazy" decoding="async" src="https://ml.globenewswire.com/media/f044d335-9e0f-4fe4-8ffd-3414828e326f/small/owlting-logo-primary-png.png" border="0" width="150" height="38" alt="Primary Logo" /></a></p>
<p>Featured Image: DepositPhotos @ Fotofabrika</p>
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		<title>NIO Inc. Reports Unaudited Second Quarter 2026 Financial Results</title>
		<link>https://pressreach.com/esg/automotive/nio-inc-reports-unaudited-second-quarter-2026-financial-results/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:15:06 +0000</pubDate>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206901</guid>

					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/6669dde0c51e29adab596eaf6f424f84.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="6669dde0c51e29adab596eaf6f424f84 NIO Inc. Reports Unaudited Second Quarter 2026 Financial Results" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Quarterly Total Revenues Reached RMB32,136.9 Million (US&#x24;4,736.4 Million)iQuarterly Vehicle Deliveries Were 107,658 Units SHANGHAI, Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (&#x201c;NIO&#x201d; or the &#x201c;Company&#x201d;), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the second quarter &#8230; <a href="https://pressreach.com/esg/automotive/nio-inc-reports-unaudited-second-quarter-2026-financial-results/" class="more-link">Continue reading<span class="screen-reader-text"> "NIO Inc. Reports Unaudited Second Quarter 2026 Financial Results"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/6669dde0c51e29adab596eaf6f424f84.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="6669dde0c51e29adab596eaf6f424f84 NIO Inc. Reports Unaudited Second Quarter 2026 Financial Results" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p align="center"><em>Quarterly Total Revenues Reached RMB32,136.9 Million (US&#x24;4,736.4 Million)</em><sup><em>i</em></sup><br /><em>Quarterly Vehicle Deliveries Were 107,658 Units </em></p>
<p align="justify">SHANGHAI, Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (&#x201c;NIO&#x201d; or the &#x201c;Company&#x201d;), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the second quarter ended June 30, 2026.</p>
<p align="justify"><strong><em><u>Operating Highlights for the Second Quarter of 2026</u></em></strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Vehicle deliveries</strong> were 107,658 in the second quarter of 2026, representing an increase of 49.4% from the second quarter of 2025, and an increase of 29.0% from the first quarter of 2026. The deliveries consisted of 60,945 vehicles from NIO brand, 29,124 vehicles from ONVO brand, and 17,589 vehicles from FIREFLY brand.
</li>
</ul>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td colspan="4" style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Key Operating Results</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td colspan="4">&#xa0;</td>
<td>&#xa0;</td>
</tr>
<tr>
<td style="max-width:20%;width:20%;min-width:20%;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:20%;width:20%;min-width:20%;vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2026 Q2</strong></td>
<td style="max-width:20%;width:20%;min-width:20%;vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2026 Q1</strong></td>
<td style="max-width:20%;width:20%;min-width:20%;vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2025 Q4</strong></td>
<td style="max-width:20%;width:20%;min-width:20%;vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2025 Q3</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Deliveries</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">107,658</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">83,465</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">124,807</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">87,071</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2025 Q2</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2025 Q1</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2024 Q4</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>2024 Q3</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Deliveries</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">72,056</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">42,094</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">72,689</td>
<td style="vertical-align: middle;text-align: left;padding-left: 15.0px;text-align: center;vertical-align: middle;vertical-align: top">61,855</td>
</tr>
<tr>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
</tr>
</table>
<p align="justify"><strong><em><u>Financial Highlights for the Second Quarter of 2026</u></em></strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Vehicle sales</strong> were RMB29,058.2 million (US&#x24;4,282.7 million) in the second quarter of 2026, representing an increase of 80.1% from the second quarter of 2025 and an increase of 27.5% from the first quarter of 2026.</li>
<li style="text-align:justify"><strong>Vehicle margin</strong><sup>ii</sup> was 18.5% in the second quarter of 2026, compared with 10.3% in the second quarter of 2025 and 18.8% in the first quarter of 2026.</li>
<li style="text-align:justify"><strong>Total revenues</strong> were RMB32,136.9 million (US&#x24;4,736.4 million) in the second quarter of 2026, representing an increase of 69.1% from the second quarter of 2025 and an increase of 25.9% from the first quarter of 2026.</li>
<li style="text-align:justify"><strong>Gross profit </strong>was RMB5,906.5 million (US&#x24;870.5 million) in the second quarter of 2026, representing an increase of 211.3% from the second quarter of 2025 and an increase of 21.6% from the first quarter of 2026.</li>
<li style="text-align:justify"><strong>Gross margin </strong>was 18.4% in the second quarter of 2026, compared with 10.0% in the second quarter of 2025 and 19.0% in the first quarter of 2026.</li>
<li style="text-align:justify"><strong>Loss from operations</strong> was RMB347.2 million (US&#x24;51.2 million) in the second quarter of 2026, compared with loss from operations of RMB4,908.9 million in the second quarter of 2025 and loss from operations of RMB308.8 million in the first quarter of 2026. Excluding share-based compensation expenses, adjusted profit from operations (non-GAAP) was RMB206.9 million (US&#x24;30.5 million) in the second quarter of 2026, compared with adjusted loss from operations (non-GAAP) of RMB4,040.8 million in the second quarter of 2025 and adjusted profit from operations (non-GAAP) of RMB66.8 million in the first quarter of 2026.</li>
<li style="text-align:justify"><strong>Net loss</strong> was RMB528.0 million (US&#x24;77.8 million) in the second quarter of 2026, compared with net loss of RMB4,994.8 million in the second quarter of 2025 and net loss of RMB332.1 million in the first quarter of 2026. Excluding share-based compensation expenses, adjusted net profit (non-GAAP) was RMB26.1 million (US&#x24;3.8 million) in the second quarter of 2026, compared with adjusted net loss (non-GAAP) of RMB4,126.7 million in the second quarter of 2025 and adjusted net profit (non-GAAP) of RMB43.5 million in the first quarter of 2026.</li>
<li style="text-align:justify"><strong>Cash and cash equivalents, restricted cash, short-term investment</strong> <strong>and long-term time deposits</strong> were RMB56.7 billion (US&#x24;8.4 billion) as of June 30, 2026.
</li>
</ul>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td colspan="14" style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong><u>Key Financial Results</u></strong> <strong><u>for the Second Quarter of 2026</u></strong></p>
</td>
</tr>
<tr>
<td colspan="14" style="text-align: left;vertical-align: middle;vertical-align: bottom">(in RMB million, except for percentage)</p>
</td>
</tr>
<tr>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td colspan="2" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>2026Q2</strong></td>
<td colspan="2" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>2026 Q1</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td colspan="2" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle"><strong>2025 Q2</strong></td>
<td style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td colspan="4" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>% Change</strong><sup><strong>iii</strong></sup></td>
</tr>
<tr>
<td colspan="2" style="vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td colspan="2" style="border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td style="text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td colspan="2" style="border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td colspan="2" style="border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>QoQ</strong></td>
<td colspan="2" style="border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>YoY</strong></td>
</tr>
<tr>
<td style="max-width:47%;width:47%;min-width:47%;text-align: left;vertical-align: middle;vertical-align: bottom">Vehicle Sales</td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td style="max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">29,058.2</td>
<td style="max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">22,783.7</td>
<td style="max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">16,136.1</td>
<td style="max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">27.5%</td>
<td style="max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:9%;width:9%;min-width:9%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">80.1%</td>
<td style="max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Vehicle Margin</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">18.5%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">18.8%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">10.3%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">-30bp</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">820bp</td>
<td>&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Total Revenues</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">32,136.9</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">25,532.7</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">19,008.7</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">25.9%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">69.1%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Gross Profit</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">5,906.5</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">4,859.1</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">1,897.5</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">21.6%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">211.3%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Gross Margin</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">18.4%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">19.0%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">10.0%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">-60bp</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">840bp</td>
<td>&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Loss from Operations</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(347.2)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(308.8)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(4,908.9)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">12.4%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">-92.9%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td colspan="2" style="text-align: left;vertical-align: middle;vertical-align: bottom">Adjusted Profit/(Loss) from Operations (non-GAAP)</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">206.9</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">66.8</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(4,040.8)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">209.7%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">N/A</td>
<td>&#xa0;</td>
</tr>
<tr>
<td colspan="2" style="vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="2" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net Loss</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(528.0)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(332.1)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(4,994.8)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">59.0%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">-89.4%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td colspan="2" style="text-align: left;vertical-align: middle;vertical-align: bottom">Adjusted Net Profit/(Loss) (non-GAAP)</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">26.1</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">43.5</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">(4,126.7)</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom">-40.0%</td>
<td style="padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">N/A</td>
<td>&#xa0;</td>
</tr>
<tr>
<td colspan="2">&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
</tr>
</table>
<p align="justify"><strong><em><u>Recent Developments</u></em></strong></p>
<p align="justify"><strong>Deliveries in July and August 2026</strong></p>
<ul type="disc">
<li style="text-align:justify">The Company delivered 35,934 vehicles and 35,836 vehicles in July and August 2026, respectively. As of August 31, 2026, the Company had delivered 262,893 vehicles in 2026, with cumulative deliveries reaching 1,260,485.
</li>
</ul>
<p align="justify"><strong>Debut of NIO All-New ES8 Five-Seat Version </strong></p>
<ul type="disc">
<li style="text-align:justify">On July 9, 2026, the Company officially launched the NIO All-New ES8 Five-Seat Version, with deliveries commencing the following day. Featuring exceptional spaciousness, elevated comfort, and advanced intelligent technologies, the ES8 Five-Seat Version sets a new benchmark for the premium battery electric SUV segment. The enhanced lineup strengthens NIO&apos;s presence across the premium large five-seat and premium three-row SUV segments, further reinforcing its leadership in the premium SUV market.
</li>
</ul>
<p align="justify"><strong>Financing of Shenji</strong></p>
<ul type="disc">
<li style="text-align:justify">In June and August 2026, GeniTech Co., Ltd. (&#x201c;Shenji&#x201d;), a subsidiary of the Company, entered into definitive agreements across two funding rounds with certain investors in China. Pursuant to these agreements, the investors agreed to subscribe for newly issued shares of Shenji for an aggregate cash consideration of RMB493 million, implying a post-money valuation of RMB12.25 billion. Upon completion of the financing transactions, a subsidiary of NIO will hold a controlling equity interest of 59.95% in Shenji.
</li>
</ul>
<p align="justify"><strong><em><u>CEO and CFO Comments</u></em></strong></p>
<p align="justify">&#x201c;In the second quarter of 2026, the Company delivered 107,658 smart electric vehicles, representing a 49.4% year-over-year increase. All three brands, NIO, ONVO, and FIREFLY, achieved growth in both sales volume and average transaction price. For the third quarter, we expect total deliveries to range between 108,000 and&#xa0;111,000 vehicles, with a year-over-year growth of 24.0% to 27.5%,&#x201d; said William Bin Li, founder, chairman, and chief executive officer of NIO.</p>
<p align="justify">&#x201c;In the second quarter, the NIO brand ranked first in China&#x2019;s passenger vehicle market priced above RMB 350,000. The ES8 has sustained strong market momentum since its launch and reached its 140,000th delivery within 335 days, leading China&#x2019;s RMB 400,000-level passenger vehicle segment and the large SUV segment. The ES9, our executive flagship SUV, continues to win over users from traditional fuel-powered luxury SUVs, ranking first in sales among passenger vehicles priced above RMB 500,000 in China in both June and July. With the compelling product advantages of the ONVO L90 and L80, the ONVO brand has become the sales leader in China&#x2019;s RMB 200,000 to RMB 300,000 large SUV segment. Meanwhile, the firefly has ranked first in market share in China&#x2019;s high-end small-car market for 15 consecutive months, further strengthening its leadership in the segment,&#x201d; added William Bin Li.</p>
<p align="justify">&#x201c;In the second quarter of 2026, the Company continued to improve its overall operating quality. Supported by strong sales of higher-margin models and ongoing optimization of our cost structure, we maintained healthy gross and vehicle margins despite rising cost pressures. Services and community-related businesses continued to contribute to profitability. The Company maintained positive non-GAAP operating profit during the quarter, further increasing our cash reserves and strengthening our financial position to support long-term, sustainable development,&#x201d; said Stanley Yu Qu, NIO&#x2019;s chief financial officer. &#x201c;With our solid, comprehensive systematic capabilities and clear business strategies, we are confident in achieving our full-year operating objectives and delivering high-quality growth.&#x201d;</p>
<p align="justify"><strong><em><u>Financial Results for the Second Quarter of 2026</u></em></strong></p>
<p align="justify"><strong>Revenues</strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Total revenues</strong> in the second quarter of 2026 were RMB32,136.9 million (US&#x24;4,736.4 million), representing an increase of 69.1% from the second quarter of 2025 and an increase of 25.9% from the first quarter of 2026.
</li>
<li style="text-align:justify"><strong>Vehicle sales</strong> in the second quarter of 2026 were RMB29,058.2 million (US&#x24;4,282.7 million), representing an increase of 80.1% from the second quarter of 2025 and an increase of 27.5% from the first quarter of 2026. The increase in vehicle sales over the second quarter of 2025 was mainly due to an increase in delivery volume and a higher average selling price as a result of changes in product mix. The increase in vehicle sales over the first quarter of 2026 was mainly attributable to an increase in delivery volume.
</li>
<li style="text-align:justify"><strong>Other sales </strong>in the second quarter of 2026 were RMB3,078.6 million (US&#x24;453.7 million), representing an increase of 7.2% from the second quarter of 2025 and an increase of 12.0% from the first quarter of 2026. The increase in other sales over the second quarter of 2025 was mainly due to an increase in sales of parts, accessories and after-sales vehicle services as a result of the continued growth in the number of users, and partially offset by a decrease in revenues from sales of used cars and technical research and development services. The increase in other sales over the first quarter of 2026 was mainly due to (i) an increase in revenues from sales of used cars and (ii) an increase in sales of parts, accessories and after-sales vehicle services, partially offset by a decrease in revenues from provision of auto financing services.
</li>
</ul>
<p align="justify"><strong>Cost of Sales and Gross Margin</strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Cost of sales</strong> in the second quarter of 2026 was RMB26,230.4 million (US&#x24;3,865.9 million), representing an increase of 53.3% from the second quarter of 2025 and an increase of 26.9% from the first quarter of 2026. The increase in cost of sales over the second quarter of 2025 and the first quarter of 2026 was mainly attributable to an increase in delivery volume.
</li>
<li style="text-align:justify"><strong>Gross profit </strong>in the second quarter of 2026 was RMB5,906.5 million (US&#x24;870.5 million), representing an increase of 211.3% from the second quarter of 2025 and an increase of 21.6% from the first quarter of 2026.
</li>
<li style="text-align:justify"><strong>Gross margin</strong> in the second quarter of 2026 was 18.4%, compared with 10.0% in the second quarter of 2025 and 19.0% in the first quarter of 2026. The increase in gross margin over the second quarter of 2025 was mainly attributable to the increased vehicle margin. The slight decrease in gross margin over the first quarter of 2026 was mainly attributable to gross margin from vehicle sales, provision of power solutions, and sales of parts, accessories and after-sales vehicle services.
</li>
<li style="text-align:justify"><strong>Vehicle margin</strong> in the second quarter of 2026 was 18.5%, compared with 10.3% in the second quarter of 2025 and 18.8% in the first quarter of 2026. The increase in vehicle margin from the second quarter of 2025 was mainly attributable to a more favorable product mix. The vehicle margin remained relatively stable from the first quarter of 2026.
</li>
</ul>
<p align="justify"><strong>Operating Expenses</strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Research and development expenses</strong> in the second quarter of 2026 were RMB2,144.9 million (US&#x24;316.1 million), representing a decrease of 28.7% from the second quarter of 2025 and an increase of 13.8% from the first quarter of 2026. Excluding share-based compensation expenses, adjusted research and development expenses (non-GAAP) were RMB1,983.2 million (US&#x24;292.3 million) in the second quarter of 2026, representing a decrease of 20.3% from the second quarter of 2025 and an increase of 16.1% from the first quarter of 2026. The decrease in research and development expenses over the second quarter of 2025 was mainly due to (i) decreased personnel costs in research and development functions primarily as a result of organizational optimization, and (ii) decreased design and development costs mainly resulting from different stages of development and improved operational efficiency. The increase in research and development expenses over the first quarter of 2026 was mainly due to the incremental design and development costs for new products and technologies as well as the increased personnel costs in research and development functions.
</li>
<li style="text-align:justify"><strong>Selling, general and administrative expenses</strong> in the second quarter of 2026 were RMB4,424.5 million (US&#x24;652.1 million), representing an increase of 11.6% from the second quarter of 2025 and an increase of 26.5% from the first quarter of 2026. Excluding share-based compensation expenses, adjusted selling, general and administrative expenses (non-GAAP) were RMB4,039.6 million (US&#x24;595.4 million) in the second quarter of 2026, representing an increase of 9.7% from the second quarter of 2025 and an increase of 22.1% from the first quarter of 2026. The increase in selling, general and administrative expenses over the second quarter of 2025 was mainly attributable to an increase in sales and marketing activities associated with new product launches. The increase in selling, general and administrative expenses over the first quarter of 2026 was mainly attributable to (i) an increase in sales and marketing activities associated with new product launches, as well as an increase in personnel and related costs for marketing functions, and (ii) an increase in share-based compensation for general corporate functions.
</li>
</ul>
<p align="justify"><strong>Loss from Operations</strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Loss from operations</strong> in the second quarter of 2026 was RMB347.2 million (US&#x24;51.2 million), compared with loss from operations of RMB4,908.9 million in the second quarter of 2025 and loss from operations of RMB308.8 million in the first quarter of 2026. Excluding share-based compensation expenses, adjusted profit from operations (non-GAAP) was RMB206.9 million (US&#x24;30.5 million) in the second quarter of 2026, compared with adjusted loss from operations (non-GAAP) of RMB4,040.8 million in the second quarter of 2025 and adjusted profit from operations (non-GAAP) of RMB66.8 million in the first quarter of 2026.
</li>
</ul>
<p align="justify"><strong>Net Loss and Earnings Per Ordinary Share/ADS</strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Net loss</strong> in the second quarter of 2026 was RMB528.0 million (US&#x24;77.8 million), compared with net loss of RMB4,994.8 million in the second quarter of 2025 and net loss of RMB332.1 million in the first quarter of 2026. Excluding share-based compensation expenses, adjusted net profit (non-GAAP) was RMB26.1 million (US&#x24;3.8 million) in the second quarter of 2026, compared with adjusted net loss (non-GAAP) of RMB4,126.7 million in the second quarter of 2025 and adjusted net profit (non-GAAP) of RMB43.5 million in the first quarter of 2026.
</li>
<li style="text-align:justify"><strong>Net loss attributable to NIO&#x2019;s ordinary shareholders</strong> in the second quarter of 2026 was RMB721.6 million (US&#x24;106.4 million), compared with net loss attributable to NIO&#x2019;s ordinary shareholders of RMB5,141.3 million in the second quarter of 2025 and net loss attributable to NIO&#x2019;s ordinary shareholders of RMB496.0 million in the first quarter of 2026. Excluding share-based compensation expenses and accretion on redeemable non-controlling interests to redemption value, adjusted net profit attributable to NIO&#x2019;s ordinary shareholders (non-GAAP) was RMB24.8 million (US&#x24;3.7 million) in the second quarter of 2026, compared with adjusted net loss attributable to NIO&#x2019;s ordinary shareholders (non-GAAP) of RMB4,124.9 million in the second quarter of 2025 and adjusted net profit attributable to NIO&#x2019;s ordinary shareholders (non-GAAP) of RMB44.5 million in the first quarter of 2026.
</li>
<li style="text-align:justify"><strong>Basic and diluted net loss per ordinary share/ADS </strong>in the second quarter of 2026 were both RMB0.29 (US&#x24;0.04), compared with basic and diluted net loss per ordinary share/ADS of RMB2.31 in the second quarter of 2025 and basic and diluted net loss per ordinary share/ADS of RMB0.20 in the first quarter of 2026. Excluding share-based compensation expenses and accretion on redeemable non-controlling interests to redemption value, adjusted basic and diluted net profit per ordinary share/ADS (non-GAAP) were both RMB0.01(US&#x24;0.00) in the second quarter of 2026, compared with adjusted basic and diluted net loss per ordinary share/ADS (non-GAAP) of RMB1.85 in the second quarter of 2025 and adjusted basic and diluted net profit per ordinary share/ADS (non-GAAP) of RMB0.02 in the first quarter of 2026.
</li>
</ul>
<p align="justify"><strong>Balance Sheet</strong></p>
<ul type="disc">
<li style="text-align:justify"><strong>Balance of cash and cash equivalents, restricted cash, short-term investment and long-term time deposits </strong>was RMB56.7 billion (US&#x24;8.4 billion) as of June 30, 2026. We recorded net current assets as of June 30, 2026 and generated positive operating cash flows and adjusted net profit (non-GAAP) in the second quarter of 2026, despite recording a net loss under GAAP in this quarter. Based on our going concern and liquidity assessment, which considers our business plan including revenue growth from the sales of existing and new vehicle models, continuous optimization of operation efficiency to improve operating cash flows, working capital management, the ability to raise funds from banks under available credit quotas and other sources when needed, and evaluates uncertainties as to the successful execution of our business plan, we believe that our financial resources, including our available cash and cash equivalents, restricted cash and short-term investments, cash generated from operating activities and funds from available credit quotas and other sources will be sufficient to support our continuous operations in the ordinary course of business for the next twelve months.
</li>
</ul>
<p align="justify"><strong><em><u>Business Outlook</u></em></strong></p>
<p align="justify">For the third quarter of 2026, the Company expects:</p>
<ul type="disc">
<li style="text-align:justify"><strong>Deliveries of vehicles</strong> to be between 108,000 and 111,000 vehicles, representing an increase of approximately&#xa0;24.0% to 27.5% from the same quarter of 2025.</li>
<li style="text-align:justify"><strong>Total revenues</strong> to be between RMB33,285 million (US&#x24;4,906 million) and RMB34,051 million (US&#x24;5,019 million), representing an increase of approximately 52.7% to 56.2% from the same quarter of 2025.</li>
</ul>
<p align="justify">This business outlook reflects the Company&#x2019;s current and preliminary view on the business situation and market condition, which is subject to change.</p>
<p align="left"><strong><em><u>Conference Call</u></em></strong></p>
<p align="justify">The Company&#x2019;s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on September 1, 2026 (8:00 PM Beijing/Hong Kong/Singapore Time on September 1, 2026).</p>
<p align="justify">A live and archived webcast of the conference call will be available on the Company&#x2019;s investor relations website at&#xa0;<a href="https://www.globenewswire.com/Tracker?data=efBAlHe15-RZ9MQR7jKRz8_t3DZY975Vhp1SHYD629aenJaxggR_zx6zGIQN4uQ7ppHGXDwbwmSi48Enb9JwEJ-zgSb-D-qoG6YComZiE53Tb11jrCV0-hjovyBzPWy8IPY50-7HdtyWxwuFo_6uaA==" rel="nofollow noopener" target="_blank">https://ir.nio.com/news-events/events</a>.</p>
<p align="justify">For participants who wish to join the conference using dial-in numbers, please register in advance using the link provided below and dial in 10 minutes prior to the call. Dial-in numbers, passcode and unique access PIN would be provided upon registering.</p>
<p align="justify"><a href="https://www.globenewswire.com/Tracker?data=efBAlHe15-RZ9MQR7jKRz_t0-6-XEN2pYrDl9LzBkRXpDxOmpgVPrNCLHgYMOmFXQtsgsbynhNaQJX_Zsjoe0Lbhkqk6YAv-yszoxN4GgWKjYmpdb5Wg5-s0CbUMVGBpJAqL8svJYPRwivdXfAySvuL2cEM4C2tNJQ3Lg0x3Vo6x-YlSgpccPhA8HgHpFkp3" rel="nofollow noopener" target="_blank">https://s1.c-conf.com/diamondpass/10056744-ju876y.html</a>&#xa0;</p>
<p align="justify">A replay of the conference call will be accessible by phone at the following numbers, until September 8, 2026:</p>
<table style="border-collapse: collapse;width:300px;border-collapse:collapse">
<tr>
<td style="max-width:150px;width:150px;min-width:150px;text-align: justify;vertical-align: middle;vertical-align: middle">United States:</td>
<td style="max-width:150px;width:150px;min-width:150px;text-align: justify;vertical-align: middle;vertical-align: middle">+1-855-883-1031</td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">Hong Kong, China:</td>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">+852-800-930-639</td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">Mainland, China:</td>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">+86-400-1209-216</td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">Singapore:</td>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">+65-800-1013-223</td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">International:</td>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">+61-7-3107-6325</td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">Replay PIN:</td>
<td style="text-align: justify;vertical-align: middle;vertical-align: middle">10056744</td>
</tr>
<tr>
<td>&#xa0;</td>
<td>&#xa0;</td>
</tr>
</table>
<p align="justify"><strong><em><u>About NIO Inc.</u></em></strong></p>
<p align="justify">NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of &#x201c;Blue Sky Coming&#x201d;. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, premium smart electric vehicles for families through the ONVO brand, and high-end smart electric compact cars with the FIREFLY brand.</p>
<p align="justify"><strong><em><u>Safe Harbor Statement</u></em></strong> </p>
<p align="justify">This press release contains statements that may constitute &#x201c;forward-looking&#x201d; statements pursuant to the &#x201c;safe harbor&#x201d; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#x201c;will,&#x201d; &#x201c;expects,&#x201d; &#x201c;anticipates,&#x201d; &#x201c;aims,&#x201d; &#x201c;future,&#x201d; &#x201c;intends,&#x201d; &#x201c;plans,&#x201d; &#x201c;believes,&#x201d; &#x201c;estimates,&#x201d; &#x201c;likely to&#x201d; and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the &#x201c;SEC&#x201d;), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the &#x201c;SEHK&#x201d;) and the Singapore Exchange Securities Trading Limited (the &#x201c;SGX-ST&#x201d;), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO&#x2019;s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO&#x2019;s strategies; NIO&#x2019;s future business development, financial condition and results of operations; NIO&#x2019;s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO&#x2019;s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO&#x2019;s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p>
<p align="justify"><strong><em><u>Non-GAAP Disclosure</u></em></strong> </p>
<p align="justify">The Company uses non-GAAP measures, such as adjusted cost of sales (non-GAAP), adjusted research and development expenses (non-GAAP), adjusted selling, general and administrative expenses (non-GAAP), adjusted profit/(loss) from operations (non-GAAP), adjusted net profit/(loss) (non-GAAP), adjusted net profit/(loss) attributable to ordinary shareholders (non-GAAP) and adjusted basic and diluted net profit/(loss) per ordinary share/ADS (non-GAAP), in evaluating its operating results and for financial and operational decision-making purposes. The Company defines adjusted cost of sales (non-GAAP), adjusted research and development expenses (non-GAAP), adjusted selling, general and administrative expenses (non-GAAP) and adjusted profit/(loss) from operations (non-GAAP) and adjusted net profit/(loss) (non-GAAP) as cost of sales, research and development expenses, selling, general and administrative expenses, profit/(loss) from operations and net profit/(loss) excluding share-based compensation expenses and organizational optimization charges. The Company defines adjusted net profit/(loss) attributable to ordinary shareholders (non-GAAP) and adjusted basic and diluted profit/(loss) per ordinary share/ADS (non-GAAP) as profit/(loss) attributable to ordinary shareholders and basic and diluted profit/(loss) per ordinary share/ADS excluding share-based compensation expenses, organizational optimization charges and accretion on redeemable non-controlling interests to redemption value. By excluding the impact of share-based compensation expenses, organizational optimization charges and accretion on redeemable non-controlling interests to redemption value, which are either non-cash or not indicative of the Company&#x2019;s ordinary or ongoing operations due to their size or nature, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company&#x2019;s past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company&#x2019;s management in its financial and operational decision-making.</p>
<p align="justify">The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company&#x2019;s operating performance, investors should not consider them in isolation, or as a substitute for net profit/(loss) or other consolidated statements of comprehensive profit/(loss) data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.</p>
<p align="justify">The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company&#x2019;s performance.</p>
<p align="justify">For more information on the non-GAAP financial measures, please see the table captioned &#x201c;Unaudited Reconciliation of GAAP and Non-GAAP Results&#x201d; set forth at the end of this press release.</p>
<p align="justify"><strong><em><u>Exchange Rate</u></em></strong></p>
<p align="justify">This announcement contains translations of certain Renminbi amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from Renminbi to U.S. dollars were made at the rate of RMB6.7851 to US&#x24;1.00, the noon buying rate in effect on June 30, 2026 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the Renminbi or U.S. dollars amounts referred could be converted into U.S. dollars or Renminbi, as the case may be, at any particular rate or at all.</p>
<p align="justify">For more information, please visit: http://ir.nio.com.</p>
<p align="justify"><strong>Investor Relations</strong><br />ir@nio.com<br /><strong>Media Relations</strong><br />global.press@nio.com</p>
<p align="justify">Source: NIO</p>
<table align="center" style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td colspan="7">&#xa0;</td>
</tr>
<tr>
<td colspan="7" style="text-align: justify;vertical-align: middle"><strong>NIO INC.</strong><br /><strong>Unaudited Condensed Consolidated Balance Sheets</p>
<p></strong>(All amounts in thousands)<strong><br /></strong></td>
</tr>
<tr>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td colspan="6" style="vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top"><strong>As of</strong></td>
</tr>
<tr>
<td style="max-width:55%;width:55%;min-width:55%;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:14%;width:14%;min-width:14%;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>December 31, 2025</strong></td>
<td style="max-width:1%;width:1%;min-width:1%">&#xa0;</td>
<td style="max-width:14%;width:14%;min-width:14%;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>June 30, 2026</strong></td>
<td style="max-width:1%;width:1%;min-width:1%">&#xa0;</td>
<td style="max-width:14%;width:14%;min-width:14%;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>June 30, 2026</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>RMB</strong></td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>RMB</strong></td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: top"><strong>US&#x24;</strong></td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>ASSETS</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Current assets:</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Cash and cash equivalents&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">11,274,094</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">17,453,564</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">2,572,337</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Restricted cash&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">14,745,975</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">13,510,507</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,991,202</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Short-term investments&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">19,755,809</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">25,634,741</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">3,778,093</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Trade and notes receivables&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">1,394,445</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,196,734</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">176,377</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Amounts due from related parties&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">16,078,250</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">14,986,044</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">2,208,670</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Inventory&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">8,530,854</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">11,089,742</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,634,426</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Prepayments and other current assets&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle">4,853,610</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">5,378,445</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">792,685</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>Total current assets</strong>&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle"><strong>76,633,037</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>89,249,777</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>13,153,790</strong></td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Non-current assets:</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Long-term restricted cash&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">88,325</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">68,625</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">10,114</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Property, plant and equipment, net&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">25,827,968</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">25,251,240</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">3,721,572</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Intangible assets, net</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">29,648</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">173,212</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">25,528</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Land use rights, net&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">196,691</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">194,039</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">28,598</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Long-term investments&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">2,480,518</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">2,340,908</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">345,007</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Right-of-use assets &#8211; operating lease&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">11,711,306</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">10,957,091</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,614,875</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Other non-current assets&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle">7,433,585</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">7,976,448</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">1,175,584</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>Total non-current assets</strong>&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle"><strong>47,768,041</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>46,961,563</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>6,921,278</strong></td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>Total assets</strong>&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: middle"><strong>124,401,078</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: top"><strong>136,211,340</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: top"><strong>20,075,068</strong></td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>LIABILITIES</strong></td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: top">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: top">&#xa0;</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Current liabilities:</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: top">&#xa0;</td>
<td>&#xa0;</td>
<td style="vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: top">&#xa0;</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Short-term borrowings&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">4,691,910</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">8,164,766</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,203,338</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Trade and notes payable&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">53,309,727</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">60,385,478</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">8,899,718</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Amounts due to related parties, current&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">625,903</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">502,353</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">74,038</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Taxes payable&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">439,240</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">334,595</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">49,313</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Current portion of operating lease liabilities&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">2,163,768</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,961,855</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">289,142</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Current portion of long-term borrowings&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">655,971</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">897,712</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">132,306</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Accruals and other liabilities&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle">16,696,044</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">15,371,799</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">2,265,523</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>Total current liabilities</strong>&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle"><strong>78,582,563</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>87,618,558</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>12,913,378</strong></td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Non-current liabilities:</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">&#xa0;</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Long-term borrowings&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">8,626,272</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">8,550,926</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,260,251</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Non-current operating lease liabilities&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">10,092,039</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">9,420,681</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,388,437</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Amounts due to related parties, non-current&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">604,178</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">1,190,070</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">175,395</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Deferred tax liabilities&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: middle">112,691</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">133,011</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: top">19,603</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top">Other non-current liabilities&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle">13,690,778</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">15,029,869</td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top">2,215,128</td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>Total non-current liabilities</strong>&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle"><strong>33,125,958</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>34,324,557</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top"><strong>5,058,814</strong></td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: top"><strong>Total liabilities</strong>&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: middle"><strong>111,708,521</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: top"><strong>121,943,115</strong></td>
<td>&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: top"><strong>17,972,192</strong></td>
<td style="text-align: justify;vertical-align: middle">&#xa0;</td>
</tr>
</table>
<p align="left"></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td colspan="13">&#xa0;</td>
</tr>
<tr>
<td colspan="13" style="vertical-align: bottom"><strong>NIO INC.</strong><br /><strong>Unaudited Condensed Consolidated Balance Sheets</p>
<p></strong>(All amounts in thousands)</td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="7" style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="11" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>As of</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>December 31, 2025</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>June 30, 2026</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>June 30, 2026</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>US&#x24;</strong></td>
</tr>
<tr>
<td style="max-width:55%;width:55%;min-width:55%;vertical-align: bottom"><strong>MEZZANINE EQUITY</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: bottom">Redeemable non-controlling interests</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">8,551,854</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">10,222,746</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">1,506,646</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: bottom"><strong>Total mezzanine equity</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>8,551,854</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>10,222,746</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>1,506,646</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom"><strong>SHAREHOLDERS&#x2019; EQUITY</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: bottom"><strong>Total NIO Inc. shareholders&#x2019; equity</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>4,159,460</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>4,064,040</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>598,966</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">Non-controlling interests</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(18,757</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(18,561</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(2,736</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="vertical-align: bottom"><strong>Total shareholders&#x2019; equity</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>4,140,703</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>4,045,479</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>596,230</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom"><strong>Total liabilities, mezzanine equity and shareholders&#x2019; equity</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>124,401,078</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>136,211,340</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>20,075,068</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
</table>
<p></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td colspan="17">&#xa0;</td>
</tr>
<tr>
<td colspan="17"><strong>NIO INC. </strong><br /><strong>Unaudited Condensed Consolidated Statements of Comprehensive Loss</p>
<p></strong>(All amounts in thousands, except for share and per share/ADS data)<strong><br /></strong></td>
</tr>
<tr>
<td colspan="17">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="15" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Three Months Ended</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>June 30, 2025</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Mar 31, 2026</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>June 30, 2026</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>June 30, 2026</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>US&#x24;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Revenues:</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="max-width:40%;width:40%;min-width:40%;text-align: left;vertical-align: middle;vertical-align: bottom">Vehicle sales</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">16,136,114</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">22,783,708</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">29,058,229</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">4,282,653</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">2,872,551</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">2,748,947</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">3,078,632</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">453,734</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total revenues</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>19,008,665</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>25,532,655</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>32,136,861</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>4,736,387</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Cost of sales:</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Vehicle sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(14,473,222</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(18,491,467</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(23,673,959</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(3,489,110</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(2,637,920</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(2,182,051</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(2,556,412</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(376,769</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total cost of sales</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(17,111,142</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(20,673,518</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(26,230,371</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(3,865,879</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Gross profit</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>1,897,523</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>4,859,137</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>5,906,490</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>870,508</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Operating expenses:</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Research and development</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(3,007,032</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1,885,024</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(2,144,918</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(316,122</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Selling, general and administrative</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(3,964,921</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(3,497,306</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,424,516</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(652,093</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other operating income, net</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">165,572</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">214,382</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">315,725</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">46,532</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total operating expenses</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(6,806,381</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(5,167,948</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(6,253,709</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(921,683</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Loss from operations</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(4,908,858</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(308,811</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(347,219</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(51,175</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Interest and investment income /(loss)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">107,529</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">115,894</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(18,959</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(2,794</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Interest expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(212,748</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(214,405</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(242,389</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(35,724</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Share of losses of equity investees</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(124,664</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(37,908</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(149,383</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(22,016</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other income, net</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">186,879</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">125,266</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">262,774</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">38,728</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Loss before income tax expense</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(4,951,862</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(319,964</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(495,176</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(72,981</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Income tax expense</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(42,939</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(12,118</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(32,833</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(4,839</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(4,994,801</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(332,082</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(528,009</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(77,820</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Accretion on redeemable non-controlling interests to redemption value</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(148,374</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(164,987</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(192,325</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(28,345</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss/(profit) attributable to non-controlling interests</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">1,868</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">1,061</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(1,257</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(185</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss attributable to ordinary shareholders of NIO Inc.</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(5,141,307</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(496,008</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(721,591</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(106,350</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(4,994,801</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(332,082</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(528,009</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(77,820</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Other comprehensive income/(loss)</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Foreign currency translation adjustment, net of nil tax</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">184,568</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(148,948</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(120,909</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(17,820</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total other comprehensive income/(loss)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>184,568</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(148,948</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(120,909</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(17,820</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total comprehensive loss</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(4,810,233</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(481,030</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(648,918</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(95,640</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Accretion on redeemable non-controlling interests to redemption value</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(148,374</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(164,987</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(192,325</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(28,345</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss/(profit) attributable to non-controlling interests</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">1,868</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">1,061</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1,257</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(185</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Comprehensive loss attributable to ordinary shareholders of NIO Inc.</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(4,956,739</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(644,956</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(842,500</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(124,170</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Weighted average number of ordinary shares/ADSs used in computing net loss per share/ADS</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Basic and diluted</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">2,230,044,617</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">2,481,180,303</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">2,496,741,061</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">2,496,741,061</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss per share/ADS attributable to ordinary shareholders</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Basic and diluted</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(2.31</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.20</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.29</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.04</td>
<td style="vertical-align: bottom">)</td>
</tr>
</table>
<p></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td colspan="3">&#xa0;</td>
<td>&#xa0;</td>
<td colspan="3">&#xa0;</td>
<td>&#xa0;</td>
<td colspan="3">&#xa0;</td>
</tr>
<tr>
<td colspan="13"><strong>NIO INC. </strong><br /><strong>Unaudited Condensed Consolidated Statements of Comprehensive Loss</p>
<p></strong>(All amounts in thousands, except for share and per share/ADS data)<strong><br /></strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="11" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Six Months Ended</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>June 30, 2025</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>June 30, 2026</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>June 30, 2026</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="3" style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>US&#x24;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Revenues:</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td colspan="3" style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="max-width:55%;width:55%;min-width:55%;text-align: left;vertical-align: middle;vertical-align: bottom">Vehicle sales</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">26,075,419</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">51,841,937</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: right;vertical-align: middle;vertical-align: bottom">7,640,556</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">4,967,975</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">5,827,579</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">858,879</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total revenues</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>31,043,394</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>57,669,516</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>8,499,435</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Cost of sales:</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Vehicle sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(23,398,863</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(42,165,426</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(6,214,415</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(4,827,454</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(4,738,463</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(698,363</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total cost of sales</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(28,226,317</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(46,903,889</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(6,912,778</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Gross profit</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>2,817,077</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>10,765,627</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>1,586,657</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Operating expenses:</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Research and development</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(6,188,435</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,029,942</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(593,940</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Selling, general and administrative</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(8,365,684</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(7,921,822</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1,167,532</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other operating income, net</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">410,056</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">530,107</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">78,128</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total operating expenses</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(14,144,063</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(11,421,657</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(1,683,344</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Loss from operations</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(11,326,986</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(656,030</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(96,687</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Interest and investment income</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">280,745</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">96,935</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">14,286</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Interest expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(457,610</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(456,794</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(67,323</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Loss on extinguishment of debt</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(14,660</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#8211;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#8211;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Share of losses of equity investees</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(380,859</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(187,291</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(27,603</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Other income, net</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">202,106</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">388,040</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">57,190</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Loss before income tax expense</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(11,697,264</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(815,140</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(120,137</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Income tax expense</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(47,570</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(44,951</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(6,625</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(11,744,834</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(860,091</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom"><strong>(126,762</strong></td>
<td style="vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Accretion on redeemable non-controlling interests to redemption value</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(292,864</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(357,312</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(52,661</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss/(profit) attributable to non-controlling interests</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">5,330</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(196</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(29</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss attributable to ordinary shareholders of NIO Inc.</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(12,032,368</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(1,217,599</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(179,452</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(11,744,834</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(860,091</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(126,762</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Other comprehensive income/(loss)</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Foreign currency translation adjustment, net of nil tax</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">260,479</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(269,857</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(39,772</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total other comprehensive income/(loss)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>260,479</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(269,857</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(39,772</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total comprehensive loss</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(11,484,355</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(1,129,948</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>(166,534</strong></td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Accretion on redeemable non-controlling interests to redemption value</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(292,864</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(357,312</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(52,661</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss/(profit) attributable to non-controlling interests</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">5,330</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(196</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(29</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Comprehensive loss attributable to ordinary shareholders of NIO Inc.</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(11,771,889</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(1,487,456</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: right;vertical-align: middle;border-bottom: double black 3pt;vertical-align: bottom"><strong>(219,224</strong></td>
<td style="border-bottom: double black 3pt;vertical-align: bottom"><strong>)</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Weighted average number of ordinary shares/ADSs used in computing net loss per share/ADS</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Basic and diluted</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">2,162,319,854</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">2,489,003,668</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">2,489,003,668</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Net loss per share/ADS attributable to ordinary shareholders</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Basic and diluted</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(5.56</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.49</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.07</td>
<td style="vertical-align: bottom">)</td>
</tr>
</table>
<p></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td colspan="15">&#xa0;</td>
</tr>
<tr>
<td colspan="17"><strong>NIO INC.</strong><br /><strong>Unaudited Reconciliation of GAAP and Non-GAAP Results</p>
<p></strong>(All amounts in thousands, except for share and per share/ADS data)<strong><br /></strong></td>
</tr>
<tr>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td colspan="15">&#xa0;</td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="15" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Three Months Ended June 30, 2026</strong></td>
</tr>
<tr>
<td style="max-width:40%;width:40%;min-width:40%;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>GAAP</strong><br /><strong>Result</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Share-based compensation</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Accretion on redeemable non-controlling interests to redemption value</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Adjusted</strong><br /><strong>Result</strong><br /><strong>(Non-GAAP)</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Cost of sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(26,230,371</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">7,487</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(26,222,884</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Research and development expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(2,144,918</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">161,705</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1,983,213</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Selling, general and administrative expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(4,424,516</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">384,881</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">&#x2014;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(4,039,635</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(32,799,805</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">554,073</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(32,245,732</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">(Loss)/profit from operations</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(347,219</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">554,073</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">206,854</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(528,009</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">554,073</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">26,064</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit attributable to ordinary shareholders of NIO Inc.</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(721,591</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">554,073</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">192,325</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">24,807</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit per share/ADS attributable to ordinary shareholders, basic and diluted (RMB)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.29</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.22</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.08</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.01</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit per share/ADS attributable to ordinary shareholders, basic and diluted (USD)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.04</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.03</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.01</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.00</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
</table>
<p></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="15" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Three Months Ended March 31, 2026</strong></td>
</tr>
<tr>
<td style="max-width:40%;width:40%;min-width:40%;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>GAAP</strong><br /><strong>Result</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Share-based compensation</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Accretion on redeemable non-controlling interests to redemption value</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Adjusted</strong><br /><strong>Result</strong><br /><strong>(Non-GAAP)</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Cost of sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(20,673,518</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">10,097</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(20,663,421</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Research and development expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1,885,024</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">176,844</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1,708,180</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Selling, general and administrative expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(3,497,306</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">188,629</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">&#x2014;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(3,308,677</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(26,055,848</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">375,570</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(25,680,278</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">(Loss)/profit from operations</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(308,811</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">375,570</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">66,759</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(332,082</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">375,570</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">43,488</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit attributable to ordinary shareholders of NIO Inc.</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(496,008</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">375,570</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">164,987</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">44,549</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit per share/ADS attributable to ordinary shareholders, basic and diluted (RMB)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.20</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.15</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.07</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.02</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
</table>
<p></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="19" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Three Months Ended June 30, 2025</strong></td>
</tr>
<tr>
<td style="max-width:25%;width:25%;min-width:25%;text-align: center;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>GAAP</strong><br /><strong>Result</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Share-based compensation</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Organizational optimization charges</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Accretion on redeemable non-controlling interests to redemption value</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>Adjusted</strong><br /><strong>Result</strong><br /><strong>(Non-GAAP)</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Cost of sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(17,111,142</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">12,867</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">54,282</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(17,043,993</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Research and development expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(3,007,032</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">302,620</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">215,532</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(2,488,880</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Selling, general and administrative expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(3,964,921</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">110,688</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">172,074</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">&#x2014;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(3,682,159</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(24,083,095</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">426,175</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(23,215,032</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Loss from operations</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,908,858</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">426,175</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,040,795</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,994,801</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">426,175</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,126,738</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss attributable to ordinary shareholders of NIO Inc.</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(5,141,307</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">426,175</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">148,374</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,124,870</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss per share/ADS attributable to ordinary shareholders, basic and diluted (RMB)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(2.31</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.19</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.20</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.07</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1.85</td>
<td style="vertical-align: bottom">)</td>
</tr>
</table>
<p></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="15" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Six Months Ended June 30, 2026</strong></td>
</tr>
<tr>
<td style="max-width:40%;width:40%;min-width:40%;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>GAAP</strong><br /><strong>Result</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Share-based compensation</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Accretion on redeemable non-controlling interests to redemption value</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Adjusted</strong><br /><strong>Result</strong><br /><strong>(Non-GAAP)</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Cost of sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(46,903,889</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">17,584</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(46,886,305</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Research and development expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4,029,942</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">338,549</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(3,691,393</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Selling, general and administrative expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(7,921,822</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">573,510</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">&#x2014;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(7,348,312</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(58,855,653</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">929,643</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(57,926,010</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">(Loss)/profit from operations</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(656,030</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">929,643</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">273,613</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(860,091</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">929,643</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">69,552</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit attributable to ordinary shareholders of NIO Inc.</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(1,217,599</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">929,643</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">357,312</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">69,356</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit per share/ADS attributable to ordinary shareholders, basic and diluted (RMB)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.49</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.37</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.14</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.02</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net (loss)/profit per share/ADS attributable to ordinary shareholders, basic and diluted (USD)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(0.07</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.05</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.02</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.00</td>
<td style="vertical-align: bottom">&#xa0;</td>
</tr>
</table>
<p></p>
<table style="border-collapse: collapse;width:100%;border-collapse:collapse">
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td colspan="19" style="text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Six Months Ended June 30, 2025</strong></td>
</tr>
<tr>
<td style="max-width:25%;width:25%;min-width:25%;text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="max-width:1%;width:1%;min-width:1%;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>GAAP</strong><br /><strong>Result</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Share-based compensation</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Organizational optimization charges</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Accretion on redeemable non-controlling interests to redemption value</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="max-width:12%;width:12%;min-width:12%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom"><strong>Adjusted</strong><br /><strong>Result</strong><br /><strong>(Non-GAAP)</strong></td>
<td style="max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: justify;vertical-align: middle;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>&#xa0;</strong></td>
<td style="text-align: center;vertical-align: middle;vertical-align: bottom"><strong>RMB</strong></td>
<td style="vertical-align: bottom"><strong>&#xa0;</strong></td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Cost of sales</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(28,226,317</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">27,868</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">54,282</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(28,144,167</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Research and development expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(6,188,435</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">569,667</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">215,532</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(5,403,236</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Selling, general and administrative expenses</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(8,365,684</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">299,579</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">172,074</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">&#x2014;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom">(7,894,031</td>
<td style="border-bottom: solid black 1pt;vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom"><strong>Total</strong></td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(42,780,436</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">897,114</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(41,441,434</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Loss from operations</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(11,326,986</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">897,114</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(9,987,984</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(11,744,834</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">897,114</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">&#x2014;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(10,405,832</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss attributable to ordinary shareholders of NIO Inc.</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(12,032,368</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">897,114</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">441,888</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">292,864</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(10,400,502</td>
<td style="vertical-align: bottom">)</td>
</tr>
<tr>
<td style="text-align: left;vertical-align: middle;vertical-align: bottom">Net loss per share/ADS attributable to ordinary shareholders, basic and diluted (RMB)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(5.56</td>
<td style="vertical-align: bottom">)</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.41</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.20</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">0.14</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="vertical-align: bottom">&#xa0;</td>
<td style="text-align: right;vertical-align: middle;vertical-align: bottom">(4.81</td>
<td style="vertical-align: bottom">)</td>
</tr>
</table>
<p><sup>i</sup> All translations from RMB to USD for the second quarter of 2026 were made at the rate of RMB6.7851 to US&#x24;1.00, the noon buying rate in effect on June 30, 2026 in the H.10 statistical release of the Federal Reserve Board.<br /><sup>ii</sup> Vehicle margin is the margin of new vehicle sales, which is calculated based on revenues and cost of sales derived from new vehicle sales only.<br /><sup>iii</sup> Except for gross margin and vehicle margin, where absolute changes instead of percentage changes are calculated.</p>
<p> <img decoding="async" alt="NIO Inc. Reports Unaudited Second Quarter 2026 Financial Results" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxOTI4OSM3ODA5NTAzIzIxMjI5MDE="> <br /><img decoding="async" alt="NIO Inc NIO Inc. Reports Unaudited Second Quarter 2026 Financial Results" src="https://ml.globenewswire.com/media/Nzk2NDNmZDctMzM1MS00OTMxLTk1ZGQtMWU1ZWYzNThhMGJiLTExMzQ0NzItMjAyNi0wOS0wMS1lbg==/tiny/NIO-Inc-.png"></p>
<p>Featured Image: Megapixl @ Dizfoto1973</p>
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		<title>Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)</title>
		<link>https://pressreach.com/financial/fully-permitted-tanzanian-gold-project-clears-path-to-construction-as-financing-epcm-fall-in-place-lvglf/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 10:15:03 +0000</pubDate>
				<category><![CDATA[Financial]]></category>
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					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/370b89ec41ba102536cf35aaafd30f6c.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="370b89ec41ba102536cf35aaafd30f6c Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>DALLAS, Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; Disseminated on behalf of Lake Victoria Gold As gold prices held near record levels through the first half of 2026, investor attention has increasingly turned to a key question in the mining sector: which developers are closest to transitioning from permitted deposits to producing mines. Lake Victoria Gold &#8230; <a href="https://pressreach.com/financial/fully-permitted-tanzanian-gold-project-clears-path-to-construction-as-financing-epcm-fall-in-place-lvglf/" class="more-link">Continue reading<span class="screen-reader-text"> "Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/370b89ec41ba102536cf35aaafd30f6c.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="370b89ec41ba102536cf35aaafd30f6c Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p><img loading="lazy" decoding="async" alt="Lake Victoria Gold" height="256" src="https://ml.globenewswire.com/Resource/Download/a6e6de7d-b053-42d5-82ea-9bbada03ad76/unnamed-2026-08-31t184137-910.jpg" width="512" data-dpi="96" data-caption="Lake Victoria Gold" data-filename="unnamed - 2026-08-31T184137.910.jpg" /></p>
<p>DALLAS, Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; </p>
<p>Disseminated on behalf of Lake Victoria Gold</p>
<p>As gold prices held near record levels through the first half of 2026, investor attention has increasingly turned to a key question in the mining sector: which developers are closest to transitioning from permitted deposits to producing mines. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) has cleared a sequence of milestones on its Imwelo project in Tanzania that position the company at that threshold.&#xa0;</p>
<p>Read more <a href="https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/" rel="nofollow noopener" target="_blank"><u>https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/</u></a></p>
<p>The Imwelo project holds Mining Licence ML 538/2015 and is fully permitted. A 23-hole, 1,136-metre sterilization drilling program completed in June confirmed that the plant and accommodation footprints are clear of mineralization. On June 29, 2026, the Tanzania Mining Commission approved a Tanzanian-led EPCM (Engineering, Procurement, and Construction Management) structure for the project, with City Engineering Company Ltd. serving as primary contractor and Sutton Consulting International providing international technical support; Senior Project Manager Charl Coetzee mobilized to site on July 8, 2026. On the financing side, the company entered into a binding term sheet on April 1, 2026 for a gold loan of up to 6,000 ounces, approximately US&#x24;25 million from Monetary Metals, to be repaid in gold ounces rather than cash, and closed the final tranche of a convertible debenture financing on July 2, 2026, bringing that raise to &#x24;4,165,200. Construction start is targeted for the current quarter.</p>
<p>Markets have historically applied deep discounts to development-stage mining companies to reflect the execution risks associated with permitting, financing, construction, and commissioning. As those risks are retired, companies have often seen valuations shift from a developer&apos;s discount toward a producer&apos;s multiple. G Mining Ventures offers a recent example, having built the Tocantinzinho mine in Brazil on time and on budget, poured first gold in 2024, and produced 171,871 ounces generating approximately &#x24;580 million in revenue in its first full year of commercial production in 2025. Lundin Gold acquired the Fruta del Norte deposit in Ecuador for &#x24;240 million in 2014, reached commercial production in 2020, produced 498,315 ounces in 2025, and now carries a market value in the C&#x24;20 billion range. Montage Gold is undergoing the same transition, with its fully funded, &#x24;825 million Kon&#xe9; project in C&#xf4;te d&apos;Ivoire advancing ahead of schedule and first gold now targeted for the fourth quarter of 2026. TRX Gold is demonstrating the same trajectory within Tanzania itself: its Buckreef mine, located in the same Geita greenstone belt as Imwelo, produced 7,426 ounces last quarter at a record average realized price of &#x24;4,703 per ounce. Barrick holds an equity position in Lake Victoria Gold, Tanzania&apos;s Taifa Group is contracted for civil works and contract mining, and management, directors, and strategic partners collectively hold more than 60% of shares outstanding.</p>
<p>Imwelo has been the subject of JORC-code Preliminary Economic Assessment and pre-feasibility work; however, these studies are not current under NI 43-101, and the company has not completed a feasibility study establishing mineral reserves under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and carries an increased risk of economic or technical failure.</p>
<p>Read more <a href="https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/" rel="nofollow noopener" target="_blank"><u>https://wallstreetpr.com/from-developer-to-producer-minings-biggest-valuation-shift/</u></a></p>
<p><strong>About Lake Victoria Gold</strong></p>
<p>Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania. The Company has a 100% interest in the Tembo project which has over fifty thousand meters of drilling and is located adjacent to Barrick&apos;s Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti&apos;s Geita Gold Mine. With historical resource estimates and a JORC Compliant 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity. LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from Barrick and strategic partnership with Taifa Group. Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil &amp; Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also conduct all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania&apos;s largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.</p>
<p><strong>Forward-Looking Statements</strong></p>
<p>This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements regarding the timing of construction, financing, and project development. Such statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements.</p>
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<p>Sources: https://www.newsfilecorp.com/release/303579/Lake-Victoria-Gold-Formalizes-TanzanianLed-EPCM-Team-Advancing-the-Fully-Permitted-Imwelo-Gold-Project-Toward-Construction&#xa0;<br />https://www.newsfilecorp.com/release/304339/Lake-Victoria-Gold-Mobilizes-Senior-Project-Manager-to-Imwelo-as-Construction-Readiness-Advances&#xa0;</p>
<p><strong>Corporate Communications</strong><br />WallstreetPR<br />Dallas, Texas<br /><a href="http://www.wallstreetpr.com/" rel="nofollow noopener" target="_blank"><u>www.WallStreetPR.com</u></a><br />214-506-0507 Office<br />Info@WallStreetPR.com</p>
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<p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a6e6de7d-b053-42d5-82ea-9bbada03ad76" rel="nofollow noopener" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/a6e6de7d-b053-42d5-82ea-9bbada03ad76</a></p>
<p> <img decoding="async" alt="Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxOTI5MSM3ODEwNzY0IzUwMDE2NzIwMg=="> <br /><img decoding="async" alt="Lake Victoria Gold Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)" src="https://ml.globenewswire.com/media/M2U1YzM2ZTQtZmZiOC00NDIzLTkxZTktZmRlZjRmOTBkZTMzLTUwMDE2NzIwMi0yMDI2LTA5LTAxLWVu/tiny/Lake-Victoria-Gold.png"></p>
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<p>Featured Image: DepositPhoto @ Tapanakornkaow</p>
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		<title>Lithia &#038; Driveway Invests in More than 200 Youth Nonprofits Nationwide through Lithia4Kids Community Giving Grants</title>
		<link>https://pressreach.com/esg/automotive/lithia-driveway-invests-in-more-than-200-youth-nonprofits-nationwide-through-lithia4kids-community-giving-grants/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 09:45:03 +0000</pubDate>
				<category><![CDATA[Automotive]]></category>
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					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/fdec90fda9d35c8634edc6b68201c03a.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="fdec90fda9d35c8634edc6b68201c03a Lithia &amp; Driveway Invests in More than 200 Youth Nonprofits Nationwide through Lithia4Kids Community Giving Grants" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>MEDFORD, Ore., Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; Lithia &#38; Driveway (NYSE: LAD) today announced the company is investing &#x24;500,000 in more than 200 nonprofit youth and community organizations nationwide through its Lithia4Kids Community Giving Grants, a program that partners with organizations dedicated to educating and strengthening the communities Lithia &#38; Driveway serves. The grants &#8230; <a href="https://pressreach.com/esg/automotive/lithia-driveway-invests-in-more-than-200-youth-nonprofits-nationwide-through-lithia4kids-community-giving-grants/" class="more-link">Continue reading<span class="screen-reader-text"> "Lithia &#38; Driveway Invests in More than 200 Youth Nonprofits Nationwide through Lithia4Kids Community Giving Grants"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/fdec90fda9d35c8634edc6b68201c03a.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="fdec90fda9d35c8634edc6b68201c03a Lithia &amp; Driveway Invests in More than 200 Youth Nonprofits Nationwide through Lithia4Kids Community Giving Grants" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>MEDFORD, Ore., Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; Lithia &amp; Driveway (NYSE: LAD) today announced the company is investing &#x24;500,000 in more than 200 nonprofit youth and community organizations nationwide through its <a href="https://www.globenewswire.com/Tracker?data=D-gsIH2O9rLNHvsZUSaRjlYbw94O3gw9elVbSN-S0mxzzJOSxoTRoWiauYmkc7mrCInEPhFjhbttXIsYWBz8hR_qU77vdOS3l-KB_LwiJaA=" rel="nofollow noopener" target="_blank">Lithia4Kids</a> Community Giving Grants, a program that partners with organizations dedicated to educating and strengthening the communities Lithia &amp; Driveway serves. The grants will support a range of local initiatives including schools, children&#x2019;s hospitals, and youth enrichment.&#xa0;</p>
<p>&#x201c;As an extension of the relationships that our local dealerships have built in their communities, the Lithia4Kids Community Giving Grants allow us to make a direct impact on the children in the community,&#x201d; said Brittany Osterhout, Senior Manager, Corporate Sponsorships, Lithia &amp; Driveway. &#x201c;We&#x2019;re proud to support organizations that are creating brighter futures for children and their families through safe spaces to play, learn, and further strengthen their community.&#x201d;&#xa0;</p>
<p>Lithia &amp; Driveway received nearly 375 grant applications for 2026, and selected the final recipients based on the program&apos;s three guiding pillars: education, advocacy, and youth support. Grant presentations began earlier this year, with Lithia &amp; Driveway team members and local dealerships presenting funding to its nonprofit partners in Southern Oregon, Southern California, Portland, Ore., Spokane, Wash., Lexington, Ky., Norfolk, Va., Corpus Christi, Texas, and Miami, Fla. The remaining grants will be presented throughout the remainder of the year, bringing the total number of local organizations receiving support through Lithia4Kids Community Giving Grants to more than 200.&#xa0;</p>
<p>&#x201c;Because of partners like Lithia, we can continue keeping families close while they are experiencing a medical emergency that requires them to be far from home,&#x201d; said Kaitlin Cole, Development Manager for Ronald McDonald House of Charities of the Inland Northwest.</p>
<p>&#x201c;With support from Lithia4Kids, girls will explore automotive engineering through hands-on badge experiences that do far more than teach STEM skills,&#x201d; said Susan Douglas, CEO of Girl Scouts of Kentucky&#x2019;s Wilderness Road Council. &#x201c;They will discover that they are capable of solving complex problems, working as a team, and imagining themselves in careers they may never have considered.&#x201d;</p>
<p>Grant submissions for next year will be open from November 1-30, 2026, and can be submitted at <a href="https://www.globenewswire.com/Tracker?data=CP_dnbBFWQhrXkuYorFwoLST25c3OgnrUn95RHtQQlrIZNAU8UJ0LvfgrOWXsDoSYf-cYRDXUBY-3jA4Q6JhK6wG7YPRm3zfRwTtjRSLTV2tQ4uE4faoOWG9XyyyKl7xOwMTkeS1rXLdDLf8JQUDbA==" rel="nofollow noopener" target="_blank">https://www.lithia4kids.com/submission</a>.&#xa0;&#xa0;</p>
<p><strong>About Lithia &amp; Driveway (LAD)</strong><br />Lithia &amp; Driveway (NYSE: LAD) is the largest global automotive retailer making Auto Done Easy by providing simple, transparent, and convenient experiences throughout the ownership lifecycle. LAD helps customers take care of any vehicle need through a comprehensive network of physical locations, e-commerce platforms, captive finance solutions, fleet management offerings, and other synergistic adjacencies. Celebrating 80 years in business in 2026, LAD consistently delivers profitable growth in a massive and unconsolidated industry. Its highly diversified and competitively differentiated design provides LAD with the flexibility and scale to pursue its vision to modernize personal transportation solutions wherever, whenever and however consumers desire.</p>
<p><strong>The 80th Celebration</strong><br /><a href="https://www.globenewswire.com/Tracker?data=CP_dnbBFWQhrXkuYorFwoANxLEwOkDkhOpK4aatfwwGXkJeFtip6XK8a4mdN9NoYCXg5UxEkOGRq_2PZdZp2Fzp7zgv1yLYhdiyO-WNMm-YDFQxBrCTrMtOtD5z37mox6iizZaTDx9wdmE26BOM_9w==" rel="nofollow noopener" target="_blank">https://www.lithiadriveway.com/80-years</a></p>
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<p><strong>Media Contact</strong></p>
<p>lithia@skyya.com</p>
<p> <img decoding="async" alt="Lithia &amp; Driveway Invests in More than 200 Youth Nonprofits Nationwide through Lithia4Kids Community Giving Grants" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxODc5NSM3ODEwNzQ0IzIwMDYwODM="> <br /><img decoding="async" alt="Lithia Motors Inc Lithia &amp; Driveway Invests in More than 200 Youth Nonprofits Nationwide through Lithia4Kids Community Giving Grants" src="https://ml.globenewswire.com/media/Yzg4MzcwNjItYWI4Zi00ODExLWFkMzItMjNkNjZiN2JlM2RmLTEwMTc2NTYtMjAyNi0wOS0wMS1lbg==/tiny/Lithia-Motors-Inc-.png"></p>
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		<title>Media Advisory &#8211; Marsh and Resilience launch Cyber Protect in Asia to help organizations strengthen cyber resilience</title>
		<link>https://pressreach.com/technology/media-advisory-marsh-and-resilience-launch-cyber-protect-in-asia-to-help-organizations-strengthen-cyber-resilience/</link>
		
		<dc:creator><![CDATA[Cision]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 08:30:08 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[cision]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206892</guid>

					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/9cbac112005be3aff7e5164f7b365ddb.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="9cbac112005be3aff7e5164f7b365ddb Media Advisory - Marsh and Resilience launch Cyber Protect in Asia to help organizations strengthen cyber resilience" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>SINGAPORE, Sept. 1, 2026 /PRNewswire/ &#8212; Marsh and Resilience today announced the launch of Cyber Protect in Asia. An innovative offering that helps clients respond to emerging cyber threats before they become losses. Available exclusively through Marsh in Asia, Cyber Protect combines Marsh&#8217;s expertise in cyber insurance placement with Resilience&#8217;s Risk Operations Center (ROC), a &#8230; <a href="https://pressreach.com/technology/media-advisory-marsh-and-resilience-launch-cyber-protect-in-asia-to-help-organizations-strengthen-cyber-resilience/" class="more-link">Continue reading<span class="screen-reader-text"> "Media Advisory &#8211; Marsh and Resilience launch Cyber Protect in Asia to help organizations strengthen cyber resilience"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/9cbac112005be3aff7e5164f7b365ddb.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="9cbac112005be3aff7e5164f7b365ddb Media Advisory - Marsh and Resilience launch Cyber Protect in Asia to help organizations strengthen cyber resilience" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p id="temp_ReleaseStart">SINGAPORE, Sept. 1, 2026 /PRNewswire/ &#8212; Marsh and Resilience today announced the launch of <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=1570605709&amp;u=https%3A%2F%2Fwww.marsh.com%2Fsg%2Fen%2Fservices%2Fcyber-risk%2Fproducts%2Fcyber-insurance-protect-asia.html&amp;a=Cyber+Protect" target="_blank" rel="nofollow noopener">Cyber Protect</a> in Asia. An innovative offering that helps clients respond to emerging cyber threats before they become losses. Available exclusively through Marsh in Asia, Cyber Protect combines Marsh&#8217;s expertise in cyber insurance placement with<a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=3553091747&amp;u=https%3A%2F%2Fcyberresilience.com%2Frisk-operations-center%2F&amp;a=+Resilience%27s" target="_blank" rel="nofollow noopener"> Resilience&#8217;s</a> Risk Operations Center (ROC), a 24/7 proactive cyber risk monitoring and detection service included as a core part of the Cyber Protect Program at no additional cost to clients.</p>
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                    <img decoding="async" src="https://mmx.prnewswire.com/media/MS1639795/Logo-Resilience-Black-Logo.jpg?id=OA2922052" title="Resilience logo" alt="Resilience logo"></img>
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<p>Cyber Protect is designed to help clients identify critical vulnerabilities earlier and improve their risk profile by remediating risks likely to cause financial loss. The offering is available to organizations that purchase cyber insurance brokered by Marsh and is available across Asia, excluding China.</p>
<p>This offering combines:</p>
<ul type="disc">
<li>Marsh&#8217;s expertise in cyber insurance placement, backed by deep claims experience across the region.<br /></br><br /></br></li>
<li>24/7, AI-powered monitoring and proactive threat hunting service that continuously scans a policyholder&#8217;s external-facing infrastructure to surface critical vulnerabilities and exposures before they can be exploited.<br /></br><br /></br></li>
<li>Human-validated alerts that filter out noise, so clients see only the risks that warrant action, with clear remediation guidance to enable security teams to close gaps faster and with more confidence.<br /></br><br /></br></li>
<li>A layer that works alongside existing security controls, with no software installation or internal system access required.</li>
</ul>
<p>The launch comes as organizations across Asia face mounting pressure from AI-driven cyber threats. According to <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=924342234&amp;u=https%3A%2F%2Fwww.marsh.com%2Fth%2Fen%2Fservices%2Fcyber-risk%2Finsights%2Fcyber-buyer-study-threats-risk-resilience-asia.html&amp;a=Marsh%27s+Cyber+Buyer+Study" target="_blank" rel="nofollow noopener">Marsh&#8217;s Cyber Buyer Study</a>, only 50% of Asia-based organizations are confident in their cyber risk management and mitigation initiatives, the lowest level of confidence globally and well below the worldwide average of 72%. Almost <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=12682610&amp;u=https%3A%2F%2Fwww.ibm.com%2Fthink%2Fpremium%2Fthreat-intelligence-report-geographic-trends%23605511084&amp;a=three+in+10" target="_blank" rel="nofollow noopener">three in 10</a> cyber and social engineering attacks globally target Asia, underscoring the need for stronger cyber resilience and earlier threat detection.</p>
<p>&#8220;As cyber threats continue to accelerate, prevention alone is no longer sufficient. Managing cyber risk today demands both the ability to detect and respond to threats early, and the financial protection to recover when the inevitable incident occurs,&#8221; said Sean Letz, Cyber Leader, Marsh Asia. &#8220;Cyber Protect helps clients detect critical vulnerabilities earlier, take action faster, and strengthen their risk profile, supporting stronger resilience, improved insurability, and greater confidence in recovery.&#8221;</p>
<p>&#8220;Asia represents one of the most important developing cyber risk markets in the world, and we are proud to be bringing this unique solution to market with Marsh,&#8221; said Mario Vitale, President of Resilience. &#8220;We built Resilience around a single belief: that the highest value we can deliver is a loss that never happens. Our platform continuously hunts for threats across clients&#8217; external attack surfaces, prioritizing the vulnerabilities most likely to cause financial harm before an attacker can act. Asian businesses now have access to that capability — together with the expertise of one of the world&#8217;s most trusted insurance partners.&#8221;</p>
<p><b>About Marsh</b></p>
<p><a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=2819928404&amp;u=https%3A%2F%2Fwww.marsh.com%2Fen-gb%2Fhome.html&amp;a=Marsh" target="_blank" rel="nofollow noopener">Marsh</a> (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=3805749297&amp;u=https%3A%2F%2Fwww.marsh.com%2Fen-gb%2Fhome.html&amp;a=corporate.marsh.com" target="_blank" rel="nofollow noopener">corporate.marsh.com</a>, or follow us on <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=3869234195&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fmarshglobal%2F&amp;a=LinkedIn" target="_blank" rel="nofollow noopener">LinkedIn</a> and <a href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4764529-1&amp;h=917427114&amp;u=https%3A%2F%2Fx.com%2Fmarshglobal&amp;a=X" target="_blank" rel="nofollow noopener">X</a>.</p>
<p><b>About Resilience</b></p>
<p>Resilience helps organizations become cyber resilient to material losses by staying ahead of bad actors. Founded by experts from across the highest tiers of the US military and intelligence communities – and built by prominent leaders and innovators from the cybersecurity, technology, and insurance industries – Resilience is the world&#8217;s first cyber risk company that offers risk quantification software, cybersecurity experts, and highly rated insurance in solutions purpose-built for large and middle-market organizations.</p>
<p>Resilience&#8217;s Risk Operations Center (ROC) is an AI-powered monitoring service that actively hunts for zero-day vulnerabilities and scans a policyholder&#8217;s external-facing infrastructure for known vulnerabilities, exposed high-risk remote services, insecure remote access points, and dark web exposure. The ROC cuts through the noise of traditional security alerts, providing actionable remediation advice to stop threats before they become incidents, and losses.  Each year, the ROC screens out roughly 95% of known vulnerabilities as low risk, escalating only the small number that pose a real, exploitable threat, and clients have historically remediated 77% of those escalations. </p>
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<p id="PURL"><img loading="lazy" decoding="async" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=SF37807&amp;sd=2026-09-01"></img> View original content to download multimedia:<a id="PRNURL" rel="nofollow noopener" href="https://www.prnewswire.com/news-releases/media-advisory---marsh-and-resilience-launch-cyber-protect-in-asia-to-help-organizations-strengthen-cyber-resilience-302865750.html" target="_blank">https://www.prnewswire.com/news-releases/media-advisory&#8212;marsh-and-resilience-launch-cyber-protect-in-asia-to-help-organizations-strengthen-cyber-resilience-302865750.html</a></p>
<p>SOURCE Resilience</p>
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<p>Featured Image: Megapixl @ Alexandersikov</p>
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		<title>CODY RHODES ENLISTS MILLIONS OF GAMERS TO SEARCH FOR JOHN CENA IN CLASH OF CLANS AND WWE CROSSOVER</title>
		<link>https://pressreach.com/gaming/cody-rhodes-enlists-millions-of-gamers-to-search-for-john-cena-in-clash-of-clans-and-wwe-crossover/</link>
		
		<dc:creator><![CDATA[Cision]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 08:30:03 +0000</pubDate>
				<category><![CDATA[Gaming]]></category>
		<category><![CDATA[cision]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206889</guid>

					<description><![CDATA[<figure><img width="696" height="390" src="https://pressreach.com/wp-content/uploads/2026/09/8627ac4bf5ca8012cd71fea01b97e06d.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="8627ac4bf5ca8012cd71fea01b97e06d CODY RHODES ENLISTS MILLIONS OF GAMERS TO SEARCH FOR JOHN CENA IN CLASH OF CLANS AND WWE CROSSOVER" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>Clash of Clans and WWE reunite for their second collaboration with six WWE Superstars reimagined as Clash of Clans characters, and a worldwide hunt for Cena&#8217;s in-game village. Rhodes and Cena are long-time players of Clash of Clans — now Rhodes has enlisted WWE Superstars, including The Undertaker and IYO SKY, and the game&#8217;s millions &#8230; <a href="https://pressreach.com/gaming/cody-rhodes-enlists-millions-of-gamers-to-search-for-john-cena-in-clash-of-clans-and-wwe-crossover/" class="more-link">Continue reading<span class="screen-reader-text"> "CODY RHODES ENLISTS MILLIONS OF GAMERS TO SEARCH FOR JOHN CENA IN CLASH OF CLANS AND WWE CROSSOVER"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="390" src="https://pressreach.com/wp-content/uploads/2026/09/8627ac4bf5ca8012cd71fea01b97e06d.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="8627ac4bf5ca8012cd71fea01b97e06d CODY RHODES ENLISTS MILLIONS OF GAMERS TO SEARCH FOR JOHN CENA IN CLASH OF CLANS AND WWE CROSSOVER" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><ul type="disc">
<li>Clash of Clans and WWE reunite for their second collaboration with six WWE Superstars reimagined as Clash of Clans characters, and a worldwide hunt for Cena&#8217;s in-game village.</li>
<li>Rhodes and Cena are long-time players of Clash of Clans — now Rhodes has enlisted WWE Superstars, including The Undertaker and IYO SKY, and the game&#8217;s millions of daily players to join the search.</li>
<li>Starting today, players can join the hunt to raid Cena&#8217;s village and unlock exclusive rewards.</li>
</ul>
<p>HELSINKI, Sept. 1, 2026 /PRNewswire/ &#8212; Clash of Clans*, which has over two billion lifetime downloads, is back with WWE for a second collaboration; and this time, the rivalry is personal. WWE Superstar Cody Rhodes and WWE Legend John Cena are best known for what they do in the ring, but their competition didn&#8217;t start there. Both are long-time players of Clash of Clans, and this shared gaming history has become locker room legend. Now, Rhodes, a decade-long player, has recruited the Clash of Clans community – plus fellow WWE Superstars – to help him hunt down John Cena&#8217;s base, taking a decade-long battle out of the ring and into their in-game villages. </p>
<div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder5613">
<p title="Cody Rhodes enlists millions of gamers to Search for John Cena in Clash of Clans and WWE crossover.">
</div>
<p>Beginning today, September 1st, through September 30th, Cena&#8217;s loot-filled base is waiting for Clash of Clans players to discover throughout the course of their daily raids. The more players raid, the higher the chance they have of locating the elusive WWE Legend and earning a one-time-only Cody Rhodes statue for their village – but only if their raid is a success. It&#8217;s not like a 17-time WWE World Champion is going to have a rookie base.  </p>
<p>Meanwhile, to beef up the search party, Rhodes has enlisted the support of The Undertaker, IYO SKY and a whole host of other WWE Superstars who will be rallying their own fans online to join the hunt.</p>
<p>&#8220;People think this started in the ring with Cody. It didn&#8217;t. It started when I out-raided him in the game and he threw me off his team,&#8221; says Cena. &#8220;Ten years later he still needs help. This time he&#8217;s asking millions of you to take on my base. That&#8217;s fine. As I have always said &#8211; if you want some, come get some.&#8221;</p>
<div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder8556">
<p><img decoding="async" src="https://mmx.prnewswire.com/media/MS1977718/Clash-x-WWE-Hero-image-1-16x9.jpg?id=OA2918497" title="Cody Rhodes enlists millions of gamers to Search for John Cena in Clash of Clans and WWE crossover." alt="Cody Rhodes enlists millions of gamers to Search for John Cena in Clash of Clans and WWE crossover."></img></p>
</div>
<p>Beyond Cena&#8217;s base, the in-game crossover presents six WWE Superstars reimagined as iconic Clash of Clans Hero characters, including the return of Cody Rhodes as The Barbarian King. The lineup include: </p>
<ul type="disc">
<li>Cody Rhodes as &#8220;Barbarian King&#8221;</li>
<li>Alexa Bliss as &#8220;Archer Queen&#8221; </li>
<li>The Undertaker as &#8220;Grand Warden&#8221; </li>
<li>IYO SKY as &#8220;Royal Champion&#8221; </li>
<li>Jey Uso as &#8220;Minion Prince&#8221; </li>
<li>Kane as &#8220;Dragon Duke&#8221;</li>
</ul>
<p>Players can also experience WWE-themed features throughout the event, from temporary troops to a branded village theme that&#8217;s designed around WWE <i>Money in the Bank</i>, taking place in New Orleans on October 10th. WWE chests hold a series of rewards too, with returning favorites like Action Figure Equipment, plus Challenge Tickets and a guaranteed Cody Rhodes Skin**.</p>
<p>Download Clash of Clans for <a href="https://apps.apple.com/us/app/clash-of-clans/id529479190" target="_blank" rel="nofollow noopener">iOS</a> or <a href="https://play.google.com/store/apps/details?id=com.supercell.clashofclans&amp;hl=en_GB" target="_blank" rel="nofollow noopener">Google Play</a> today to help Rhodes in his Search for Cena until September 30th. </p>
<p class="prntaj">*Clash of Clans has been downloaded over 2 billion times and was recently voted &#8220;Greatest Mobile Game of All Time&#8221; by followers of <a href="https://www.instagram.com/p/DbyWeipjXzU/" target="_blank" rel="nofollow noopener">Pubity</a>.<br /></br>**Players who already own the Cody Rhodes Skin will instead receive a random Gold Pass skin, then random Equipment, or a Book of Everything if they&#8217;ve collected them all</p>
<p><b>About Supercell</b></p>
<p>Supercell is a game company based in Helsinki, Finland, with offices in San Francisco, London, Seoul, and Shanghai. Since its launch in 2010, the company has brought six games to the global market: Hay Day, Clash of Clans, Boom Beach, Clash Royale, Brawl Stars and Squad Busters. Supercell&#8217;s dream is to create games that as many people as possible play for years and that are remembered forever.</p>
<p><b>About WWE             </b></p>
<p>WWE® is the global leader in sports entertainment. The company creates and delivers original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, Premium Live Events, digital media, and publishing platforms. WWE&#8217;s TV-PG programming can be seen in more than 1 billion households worldwide in more than 20 languages through world-class distribution partners including Netflix, ESPN, NBCUniversal, USA Network and The CW. WWE is part of TKO Group Holdings (NYSE: TKO). Additional information on WWE can be found at wwe.com and corporate.wwe.com.</p>
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</div>
<p id="PURL"><img loading="lazy" decoding="async" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=LN36231&amp;sd=2026-09-01"></img> View original content to download multimedia:<a id="PRNURL" rel="nofollow noopener" href="https://www.prnewswire.com/news-releases/cody-rhodes-enlists-millions-of-gamers-to-search-for-john-cena-in-clash-of-clans-and-wwe-crossover-302865315.html" target="_blank">https://www.prnewswire.com/news-releases/cody-rhodes-enlists-millions-of-gamers-to-search-for-john-cena-in-clash-of-clans-and-wwe-crossover-302865315.html</a></p>
<p>SOURCE Supercell</p>
<p></img></p>
<p>Featured Image: deposit photo @ FREEMAN83</p>
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		<title>At IBC, InterDigital to Showcase VVC Multilayer Coding Powering High-Quality Video Streaming</title>
		<link>https://pressreach.com/technology/at-ibc-interdigital-to-showcase-vvc-multilayer-coding-powering-high-quality-video-streaming/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 08:15:02 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
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		<guid isPermaLink="false">https://pressreach.com/?p=206886</guid>

					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/60820e751124607029a77eb597102afe-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="60820e751124607029a77eb597102afe 1 At IBC, InterDigital to Showcase VVC Multilayer Coding Powering High-Quality Video Streaming" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>WILMINGTON, Del., Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, will showcase state-of-the-art video codec innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 11 &#x2013; 14, 2026. InterDigital will demonstrate at IBC alongside NHK (Japan Broadcasting Corporation), Japan&#x2019;s &#8230; <a href="https://pressreach.com/technology/at-ibc-interdigital-to-showcase-vvc-multilayer-coding-powering-high-quality-video-streaming/" class="more-link">Continue reading<span class="screen-reader-text"> "At IBC, InterDigital to Showcase VVC Multilayer Coding Powering High-Quality Video Streaming"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/60820e751124607029a77eb597102afe-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="60820e751124607029a77eb597102afe 1 At IBC, InterDigital to Showcase VVC Multilayer Coding Powering High-Quality Video Streaming" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p align="left">WILMINGTON, Del., Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, will showcase state-of-the-art video codec innovation at the International Broadcasting Convention (IBC), taking place in Amsterdam from September 11 &#x2013; 14, 2026. InterDigital will demonstrate at IBC alongside NHK (Japan Broadcasting Corporation), Japan&#x2019;s sole public service media organization, and Media Coding Industry Forum (MC-IF) partners, spotlighting enhancements to the Versatile Video Coding (VVC) standard to deliver premium, high-quality streaming experiences.</p>
<p align="left"><strong>VVC Multilayer Coding</strong></p>
<p align="left">At IBC 2026, InterDigital and NHK will demonstrate two aspects of the VVC Multilayer Main 10 profile, specifically content overlay and spatial/quality scalability. The demonstration is powered by a VVC multilayer software decoder.</p>
<p align="left">The content layering approach demonstrated by NHK shows content personalisation enabled by VVC multilayer and MPEG-H 3D audio coding, highlighting the technology&#x2019;s ability to switch video and audio in a coordinated manner to empower richer user experiences. By reframing the base layer and overlaying additional content, like captions or sign language translations, in an enhancement layer, users can choose between viewing the base or a selected enhanced experience. The contributions to scalability made by InterDigital demonstrate how a VVC enhancement layer can deliver significant improvements in quality in broadcast and streaming applications, offering greater efficiency than independent encoding.</p>
<p align="left">This joint demonstration is aligned with the VVC multilayer coding verification test, published in April 2026, as MPEG document AG 5 N208. Read the document <a href="https://www.globenewswire.com/Tracker?data=E1PUsNQkb48L6aA7ruz_HAXk38PB56teylPKFyxKboIyEYFU25Upn9hXh5KwXiFDCdWUWutGOFb07blAxzJ0Ou2PAEE3Q92H0QvcTBAGNBX_FayJ04KKgOpzPtmyrVqRhzCPDls_lSRXcxZerPurzA==" rel="nofollow noopener" target="_blank">here</a>.</p>
<p align="left">Learn more about NHK <a href="https://www.globenewswire.com/Tracker?data=E1PUsNQkb48L6aA7ruz_HOfVMxRPdY_MrrX6cKX-QmPJkt7rZVmgiIPwGzhw-8e6IZtGv-ix7P8mID-HGCpQAEmw7q6HKH1k7yZhRlLWfHE=" rel="nofollow noopener" target="_blank">here</a>.</p>
<p align="left"><strong>Experience Streaming Excellence at the MC-IF booth</strong></p>
<p align="left">At the&#xa0;MC-IF booth in&#xa0;Hall 2.B13, MC-IF members including InterDigital, in collaboration with NHK, will demonstrate new features and capabilities of VVC. Together, MC-IF members will highlight how the industry is embracing VVC as the foundation for next-generation video delivery at scale, as the codec moves from development and early ecosystem experimentation to commercial deployment at national scale in countries like Brazil.</p>
<p align="left">To register and learn more about IBC, please click&#xa0;<a href="https://www.globenewswire.com/Tracker?data=E1PUsNQkb48L6aA7ruz_HBQ2jcnaiPDIKSq53PQ0eLLyIsbKOIp_7_h6O0fzK311BghPn5Sb_7aDoGllOkvFnUf0Is09b7FTUrKJMszSYr0kGGCipeJvVeZXrwA6KEvqkYmLaCbiAJJFygkSgIYQ0fkQ1NwI9HbtIyj3kTCRz8aw3qM16Z6_znD5H555xX7SGHcQiuS6nYin7frxnNuhvnVJ5Hr72FKwRC5LK3H27wQ=" rel="nofollow noopener" target="_blank">here</a>.</p>
<p align="left"><strong>About InterDigital</strong><sup>&#xae;</sup></p>
<p align="left">InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (&#x201c;AI&#x201d;), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today&#x2019;s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.</p>
<p align="left">InterDigital is a registered trademark of InterDigital, Inc.</p>
<p align="left">For more information, visit:&#xa0;<a href="https://www.globenewswire.com/Tracker?data=mUd2TOEZoST6_HqLxFBFyt5n40RS_9DIUGf3RUFNg4Q2PlX5wbL-JTv4LvTsSyNt-YqIi2lovtOhZi7xcjWoTU8-9e9Pb3jMgfl9VMJUMx0LDcW-mRcOv_AKdj0mA7iX_6TXDUPodLQYFsxKfaz7Sopywa9gXSZkvdN5tq7FH9jbh6ega5syrZFvLjlk0o_UUPYn7KjRzOon6GzttGzNno-ir8bHZUYGp9y08fHSISY24EiOhkRi5HhflEOMg6ppwSIU0aG5JZZcOyrKmiQ599mfbNXLfUEyHk5f6I__BuNsODAYkOk5Je5FbJIP7px-m5C8OeZdvDeKOJMNzi9Uxg5q2Qf2-Xnxej2oKkTMhcTEvld9D2chWyhRMJI55-EeIt2i934l4VZT67OUc6So2EOhPU81r03GTbINIExLbzaj6SBXIF5wKkw-voL4oEN270W_9YAg_VzuD1Ri_ynSyirK1QDlAqqfpkU7mxPt1o72i2lHNauLz65-o8MsBKsO" rel="nofollow noopener" target="_blank">www.interdigital.com</a>.</p>
<p align="left"><strong>InterDigital Contact:</strong><br />Roya Stephens<br />Email:&#xa0;<a href="https://www.globenewswire.com/Tracker?data=l-bQrezu4D-CPi4ke8FFeMmkSdD80ntxkhX0cDvB2pht7Wmn37rV77n_-PFF-lLXZ_gl_qCXWFhjcRxaBNg2IOJAWGF7MOqq3cO99Twj2knpGXQ1cAVg5LhjBg5AuTqfWr6cWZ8sKqKcssIOg_ZQ5ffqFn8p0guwaFO_i4bRLC85Q_kNp_kX30APaiQcVbB8eSa2vG_E2oJAqkEjyxFc_Kiav_HWGel5UpdBL9wPBVI-OcsDtqTo_5lD08-Fl7AifHwt2eK2Csgc9OaQDFSWSlaE8BnE4K5CgwfIES0GG7DWfGdOJsDPB4yqHe-fzKK50O9uYmtxtu9qmYpL-igVmJzDt7ge6eIwjpeE4qeO4EPQEtIVi2p29pYEN5h7P5P-xWrPnMNBpFHFdI8BRANMojrf-NpX9F2Sn3wuIYqUPAXLRgtzhuXV-kOB2xKBovv2AQgytE49UTxAwGsEaSGlhE0pt0HQgW8o6qMmHwkcRaeBGHuqgH5_YVdlqc2BHAHnYtTq18FpKOTbAd_cQMuz-LzRa6epG5CGi2IUyeOfCyHFrPWSeePjDzyywaMd1QpXdY8Sbos54viUYEjmaXrXriaFddPK8oCChO2_LEcg9pYzfUMJqVLk9vAeD1rURY1obWUDJWdcOHIdD3rt4cGgZzODYIeVwOjO1bd3Y_ikpTH7KjRadjsPBzjbom0YwEs6iYizWovASaVEcIuDE9JVqGAv90e9nB9qYezsK1vXTIhHIkCFhlUqssWTLJQy6TTCR77a2S8vC2r8d_mzANUiXX0wbF_gTsPD2EhM_8exfjbSvWefgK5o2kDDl9NuZHr8EaGITyko9UkBO4IzFSoKya2Pj9OlNsO5xA8Rs_Ih4oZUJnOyVksjtUWwSjVCNe7RwbfnnSr5nJX-_jkXbmB6D9mIJGdpBTUugtl_cedhrsri2KSlQjSFlFDIhxvrvBx8RlI2v24edlc_YfoNe6yY5FqNd_MKhlI207FpAsY_nyjFgI_8wUu-ZTFeJx9FbiTsYC6GBEiqBNiemBCUOSOObMIgyoZe6ekv6MKhLDJXo90P8DcQ13ngp5SwPoro382s0hdzJHgSolIREPw0Nv-4KauC30h5kMFQz_YB9eZPQVOxD1iL9djf78aTSlQY2nBUoML-lLZynYgt1pieM9ZRjoEpcuuL8jWxyVF0Xuw4V7-jvZAm2coGklGn3wTw14D2EpTvMTn-2Mj2kU6X6KqpoDro4WFRFPkhhH3ta7a-MBlBd7Fao4J5AQQjyyaWLtoko986HwEGxAc_ZdtqK2iIA8_Gsm7kcjHaL8s5Yet3dwYGInyAJryu1DNmPe2FVj_tik5PTqLg93k0SPTGJoi8ze0jWaSsxDvJiei8B505I1KjqwrSh0dGyjkIOPCiI3KeQvUBScpts2jWBEbd9oDm38kr5-6etoJInSnWjcadxdJAuxhVv6aj3iDNVYm4-gF99ozYyuX90DxptRjnCX65sxaAk1RjwBFCd_3jor8pvcZRTbwkfhPDtwUjYelPYzVXA6nHXPXIlBRMr28qXnjlX3e6P8bYrO8okWHQnLoO4YUs_TU9rC3_uW48sB76iOTur7eaRfpuM08W-YqlFwfR2fZe3trAwqtp_jQsPYNi_i8dIM1ZgC8uv3AM2v-Tw_GwWlfKMyG7I0-56dWrk2-oldLXRP2H7FG3xoc_Cg-gFdoPvDj6yHb6uVN6Ix2ohI2USjOaiz6mAO6RODXbjkFB1w0kp2Tde3QGm7_voGvRvARXpM1yOrtTo3s0LzBVakO9E2e5RCMaqjh0LK3rxAfqu_ZeB57UYMM82iVJaQhaDI0ukokGXQM9i6w3lYIICQSx" rel="nofollow noopener" target="_blank">roya.stephens@interdigital.com</a><br />+1 (202) 349-1714</p>
<p> <img decoding="async" alt="At IBC, InterDigital to Showcase VVC Multilayer Coding Powering High-Quality Video Streaming" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxODgzMyM3ODExMTc1IzIwMDQyMzA="> <br /><img decoding="async" alt="InterDigital Inc At IBC, InterDigital to Showcase VVC Multilayer Coding Powering High-Quality Video Streaming" src="https://ml.globenewswire.com/media/MWU0Yjc0YjctMjgxMy00ZGRiLWEwNjYtMGE2OGEwODA1NTIwLTEwMTU4MDMtMjAyNi0wOS0wMS1lbg==/tiny/InterDigital-Inc-.png"></p>
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		<title>Amber Premium Transforms into AMBR, Dedicated to Building Specialized AI Agents for Finance, Enterprise, and Growth</title>
		<link>https://pressreach.com/technology/amber-premium-transforms-into-ambr-dedicated-to-building-specialized-ai-agents-for-finance-enterprise-and-growth/</link>
		
		<dc:creator><![CDATA[Cision]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 08:00:03 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[cision]]></category>
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					<description><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/60820e751124607029a77eb597102afe.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="60820e751124607029a77eb597102afe Amber Premium Transforms into AMBR, Dedicated to Building Specialized AI Agents for Finance, Enterprise, and Growth" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>The Nasdaq-listed company marks a fundamental transformation of its business, drawing on nearly a decade of expertise from the team that founded Amber AI in 2017 to build specialized AI agents for high-stakes domains — launching with its flagship personal finance agent, Ambre SINGAPORE, Sept. 1, 2026 /PRNewswire/ &#8212; Amber International Holding Limited (Nasdaq: AMBR) &#8230; <a href="https://pressreach.com/technology/amber-premium-transforms-into-ambr-dedicated-to-building-specialized-ai-agents-for-finance-enterprise-and-growth/" class="more-link">Continue reading<span class="screen-reader-text"> "Amber Premium Transforms into AMBR, Dedicated to Building Specialized AI Agents for Finance, Enterprise, and Growth"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="696" height="464" src="https://pressreach.com/wp-content/uploads/2026/09/60820e751124607029a77eb597102afe.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="60820e751124607029a77eb597102afe Amber Premium Transforms into AMBR, Dedicated to Building Specialized AI Agents for Finance, Enterprise, and Growth" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p class="prntac"><b><i>The</i></b><b><i> Nasdaq-listed company marks a fundamental transformation of its business, drawing on nearly a decade of expertise from the team that founded Amber AI in 2017 to build specialized AI agents for high-stakes domains — launching with its flagship personal finance agent, Ambre</i></b></p>
<p>SINGAPORE, Sept. 1, 2026 /PRNewswire/ &#8212; <b>Amber International Holding Limited (Nasdaq: AMBR) </b>(the &#8220;Company&#8221;), previously operating under the brand name &#8220;Amber Premium&#8221;, <span id="spanHghlt5c1b">today</span> announced that it is undertaking a fundamental business transformation into the new brand name <a href="https://www.ambr.io/" target="_blank" rel="nofollow noopener"><b>AMBR</b></a>. The transformed Company will operate as an agentic AI company dedicated to building specialized AI agents for finance, enterprise, and growth. The Company also announced the launch of <b>Ambre</b>, its flagship AI agent for personal finance, and the availability of <b>MIA</b>, its marketing AI agent, to enterprise clients.</p>
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<p><b>Built on AI and Domain Expertise</b></p>
<p>AMBR is established by the same team that founded Amber AI in 2017, which later became Amber Group, bringing nearly a decade of experience across AI, financial markets, and technology into its next chapter. The Company combines AI-native builders with practitioners who have deep experience in financial markets and operating real-world businesses, bringing together advanced AI capabilities with real data, domain context, operational infrastructure, and real workflows to build agents for consequential use cases.</p>
<p><i>&#8220;We started as Amber AI in 2017, then spent nearly a decade in markets learning where intelligence stops and consequence begins,&#8221; </i>said <b>Michael Wu, Founder and CEO of AMBR</b>. &#8220;<i>I have spent my career at the intersection of technology and financial markets — from programming and building AI systems to operating businesses in some of the most demanding markets. That experience showed me the gap between intelligence and real-world consequences, and that is what our agents are built for. I am excited about building AMBR full time and supporting the Company as it enters its next chapter.&#8221;</i></p>
<p><b>Purpose-Built Agents for Real-World Use</b></p>
<p>Software engineering has been an early proving ground for agentic AI, showing how AI models can move beyond generating answers to completing tasks when connected to the right tools, context, data, and permissions. However, applying this model to other domains is more complex, particularly in areas such as finance and marketing, where agents need to operate within domain-specific data, applicable constraints, established workflows, and risk parameters. AMBR was created to address this challenge by developing AI agents purpose-built for these domains.</p>
<p>AMBR&#8217;s agents are designed from the outset around specific verticals. Their development draws on AI technology, domain expertise, and deep understanding of real-world workflows, with the aim of enabling agents to interpret users&#8217; intent, coordinate relevant tasks, and support execution. As agents demonstrate reliability, AMBR aims to progressively expand the scope of tasks they can handle autonomously, particularly in high-stakes domains where expertise, precision, and trust matter. <b>Ambre</b> is the first agent built on this model.</p>
<p><b>Ambre: Turning Financial Intent Into Action</b></p>
<p>AMBR&#8217;s first flagship product, <a href="https://www.ambr.io/agents/ambre" target="_blank" rel="nofollow noopener"><b><span id="spanHghltb771">Ambre</span></b></a>, is designed to make personal finance more intelligent, conversational, and actionable.</p>
<p>Users can explore their financial information in natural language, with Ambre delivering insights grounded in their actual holdings and interests alongside relevant market intelligence. Beyond answering questions, Ambre can turn a user&#8217;s objective into an ongoing task carrying out the specific instructions they define and approve — analyzing portfolios across accounts and asset classes, monitoring relevant developments and conditions, and alerting users to developments that affect their holdings.</p>
<p>Ambre is now available by invitation, with verified clients of Amber Premium receiving first access. Interested users can join the waitlist on <a href="https://h5.ambre.ai/waitlist" target="_blank" rel="nofollow noopener">this website</a>.</p>
<p><b>MIA: Agency Expertise, Delivered by an AI Agent</b></p>
<p><a href="https://mia.ambr.io/" target="_blank" rel="nofollow noopener"><b>MIA</b></a>, AMBR&#8217;s specialized AI agent for marketing, is now available directly to enterprise clients. Originally developed and commercially tested within AMBR&#8217;s businesses, MIA has run more than 1,250 automated workflows, cutting turnaround times by an average of 85% within four months of rollout.</p>
<p>MIA follows the same agentic model in a different domain, connecting market intelligence, content production, and distribution into a single workflow. It continuously monitors brands, competitors, market signals, social channels, news, and AI search results to identify relevant opportunities and risks. It then helps teams turn insights into actionable marketing outputs — from research and strategic planning to content development, response planning, and distribution — with review and approval steps keeping users in control.</p>
<p>Together, Ambre and MIA demonstrate AMBR&#8217;s approach of combining AI technology with domain expertise, data, and real-world workflows to build AI agents for specific use cases. The Company expects to introduce additional agents later in 2026.</p>
<p><b>About AMBR</b></p>
<p>AMBR (Amber International Holding Limited, Nasdaq: AMBR) is a Nasdaq-listed agentic AI company dedicated to building specialized AI agents for finance, enterprise, and growth — domains where the stakes are high and trust matters most. Founded by the team behind Amber AI in 2017, which later became Amber Group, AMBR combines AI technology with deep expertise in financial markets, real-world workflows, and trusted infrastructure.</p>
<p>AMBR is building a portfolio of purpose-built AI agents designed around specific use cases and end-to-end workflows, designed to help individuals and organizations evaluate opportunities, generate insights for decision-making, and organize workflows from intent to action. Its flagship agents include <b>Ambre</b>, an AI agent for personal finance, and <b>MIA</b>, a marketing AI agent proven within AMBR&#8217;s businesses.</p>
<p>Learn more at <a href="http://www.ambr.io/" target="_blank" rel="nofollow noopener">www.ambr.io</a> or <a href="https://www.linkedin.com/company/ambr-io/" target="_blank" rel="nofollow noopener">@AMBR_io</a> on LinkedIn.</p>
<p><b>About Ambre</b></p>
<p>Ambre is AMBR&#8217;s flagship AI agent for personal finance. It brings together a user&#8217;s financial portfolio across accounts and asset classes, interests, and financial context, filters market signals for what matters, and turns conversations into ongoing monitoring and tasks — helping users move from information to action with greater clarity. Learn more at <a href="https://www.ambr.io/agents/ambre" target="_blank" rel="nofollow noopener"><span id="spanHghltd545">ambr.io/agents/ambre</span></a>.</p>
<p><b>About MIA</b></p>
<p>MIA is AMBR&#8217;s marketing AI agent, built to make day-to-day marketing execution faster, smarter, and less manual. Developed and proven within AMBR&#8217;s wholly-owned marketing businesses, iClick and CMRS, MIA is now available for direct client use. Learn more at <a href="http://mia.ambr.io/" target="_blank" rel="nofollow noopener">MIA.ambr.io</a>.</p>
<p><b>Media Contact</b></p>
<p>For media inquiries, please contact: <a href="mailto:pr@ambr.io" target="_blank" rel="nofollow">pr@ambr.io</a>.</p>
<p><b>Forward-Looking Statements</b></p>
<p>This announcement contains forward-looking statements within the meaning of the &#8220;safe harbor&#8221; provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, prospects and financial needs. Investors can identify these forward-looking statements by words or phrases such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;future,&#8221; &#8220;aim,&#8221; &#8220;estimate,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;believe,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;is/are likely to&#8221; or other similar expressions. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to: the risks associated with the Company&#8217;s strategic transformation from its prior business operations, including the ability to successfully transition its business model, retain existing clients, and achieve anticipated benefits of the transformation; the Company&#8217;s ability to successfully launch, commercialize and scale its AI products and services, including Ambre and MIA, and to realize anticipated benefits for clients; the timing and scope of product availability; the adoption of the Company&#8217;s AI agents; market acceptance; technological performance and reliability; competitive developments; operational execution; cybersecurity considerations; changes in applicable law or regulation, including evolving regulations applicable to artificial intelligence, data privacy, algorithmic transparency, and AI governance; and other risks detailed from time to time in the Company&#8217;s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. There can be no assurance that any product or service will achieve anticipated adoption levels or commercial success. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.</p>
<p>This announcement is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or investment products, nor does it constitute investment advice. Any products or services described herein are subject to applicable laws, regulations and eligibility requirements and may not be available in all jurisdictions or to all persons. The Company does not provide regulated financial service in any jurisdiction in which it is not licensed to do so.</p>
<p id="PURL"><img loading="lazy" decoding="async" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=HK36859&amp;sd=2026-09-01"></img> View original content to download multimedia:<a id="PRNURL" rel="nofollow noopener" href="https://www.prnewswire.com/news-releases/amber-premium-transforms-into-ambr-dedicated-to-building-specialized-ai-agents-for-finance-enterprise-and-growth-302865056.html" target="_blank">https://www.prnewswire.com/news-releases/amber-premium-transforms-into-ambr-dedicated-to-building-specialized-ai-agents-for-finance-enterprise-and-growth-302865056.html</a></p>
<p>SOURCE AMBR</p>
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<p>Featured Image: DepositPhotos @ Maxkabakov</p>
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		<title>NewHydrogen Files Third Patent to Protect Its Breakthrough Technology</title>
		<link>https://pressreach.com/technology/newhydrogen-files-third-patent-to-protect-its-breakthrough-technology/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 07:45:04 +0000</pubDate>
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					<description><![CDATA[<figure><img width="999" height="654" src="https://pressreach.com/wp-content/uploads/2026/09/a3a2bdc955de0514cac087b07627c674.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="a3a2bdc955de0514cac087b07627c674 NewHydrogen Files Third Patent to Protect Its Breakthrough Technology" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>The Company&#x2019;s ThermoLoop&#xae; technology uses inexpensive heat and water to potentially produce the world&#x2019;s cheapest clean hydrogen at industrial scale SANTA CLARITA, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; NewHydrogen, Inc. (OTCQB: NEWH), the developer of&#xa0;ThermoLoop&#xae; &#x2013; a breakthrough thermochemical technology that uses heat to split water to produce massive amounts of the world&apos;s cheapest &#8230; <a href="https://pressreach.com/technology/newhydrogen-files-third-patent-to-protect-its-breakthrough-technology/" class="more-link">Continue reading<span class="screen-reader-text"> "NewHydrogen Files Third Patent to Protect Its Breakthrough Technology"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="999" height="654" src="https://pressreach.com/wp-content/uploads/2026/09/a3a2bdc955de0514cac087b07627c674.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="a3a2bdc955de0514cac087b07627c674 NewHydrogen Files Third Patent to Protect Its Breakthrough Technology" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p><b><i>The Company&#x2019;s ThermoLoop</i></b><sup><b><i>&#xae;</i></b></sup> <b>technology</b> <b><i>uses inexpensive heat and water to potentially produce the world&#x2019;s cheapest clean hydrogen at industrial scale </i></b></p>
<p align="justify">SANTA CLARITA, Calif., Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; NewHydrogen, Inc. (OTCQB: NEWH), the developer of&#xa0;<b><i>ThermoLoop</i></b><sup><b><i>&#xae;</i></b></sup> &#x2013; a breakthrough thermochemical technology that uses heat to split water to produce massive amounts of the world&apos;s cheapest clean hydrogen, announced today that it has jointly filed a third provisional patent application with the University of California, Santa Barbara (&#x201c;UCSB&#x201d;) for its novel clean hydrogen production technology.</p>
<p align="justify">The patent, titled <i>&#x201c;Hydrogen Production in Isothermal Chemical Looping Cycle,&#x201d;</i> is a provisional patent application that builds on two previously filed patents and describes the most recent improvements to the Company&#x2019;s <b><i>ThermoLoop</i></b> thermochemical water splitting process together with new material compositions discovered by the UCSB technology team. The Company&#x2019;s proprietary process utilizes advanced solid-state materials and machine learning-driven material discovery to optimize efficiency and cost-effectiveness.</p>
<p align="justify">The NewHydrogen technical team is currently building its <b><i>ThermoLoop</i></b> engineering test unit (ETU), an achievement that will shift the Company&#x2019;s focus from technology development to generating the data needed to design its first commercial pilot plant. The ETU is an automated demonstration test system that enables 24/7, hands-free, highly iterative operation, producing the critical, high-resolution data needed to design a scaled hydrogen plant.</p>
<p align="justify">&#x201c;The ETU is the foundation for everything that comes next. It moves us from proving the underlying science to engineering the data set that defines our first pilot plant, and from there, to the kind of scale this market is already being built around,&#x201d; said Steve Hill, CEO of NewHydrogen.</p>
<p align="justify">The patent filing marks a significant milestone in NewHydrogen&#x2019;s collaboration with leading researchers at UC Santa Barbara, who are at the forefront of advancing materials science for hydrogen production.</p>
<p align="justify">To watch a short explainer video about <b>ThermoLoop</b> or to learn more about NewHydrogen&#x2019;s mission to produce the world&#x2019;s cheapest clean hydrogen, visit <a href="https://www.globenewswire.com/Tracker?data=tDe4rU_LB3bKSSpyOM8fGpHQW_7AnwHqA2ILAGRrhuG1PUY0iWimGmgDdkk4qsGNFAmkU0URILRa5a3tF3WqpaQ9GPvdriIq-T1H8d8LJhE=" rel="nofollow noopener" target="_blank">NewHydrogen.com</a>.</p>
<p><b>About NewHydrogen, Inc.</b></p>
<p align="justify">NewHydrogen is developing ThermoLoop<sup>&#xae;</sup> &#x2014; a breakthrough thermochemical technology that uses heat to split water to produce massive amounts of the world&apos;s cheapest clean hydrogen. Hydrogen is important to modern life, and we can&apos;t live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource. Currently, the most common way of making clean hydrogen is to split water into oxygen and hydrogen with electricity using an electrolyzer, a very expensive process. By using heat directly, we can dramatically reduce the use of expensive electricity. A massive source of inexpensive heat can be obtained from current and future power plants, especially small modular nuclear reactors. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the clean hydrogen economy that Goldman Sachs estimated to have a future market value of &#x24;12 trillion.</p>
<p><b>Safe Harbor Statement</b></p>
<p align="justify">Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words &quot;anticipate,&quot; &quot;believe,&quot; &quot;estimate,&quot; &quot;may,&quot; &quot;intend,&quot; &quot;expect&quot; and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission.</p>
<p>Investor Relations Contact:</p>
<p>NewHydrogen, Inc.<br /><a href="https://www.globenewswire.com/Tracker?data=C48qFGmXzZM5vJ9qQKe1JolQTLXQWKKH7YR9sFZt-gwuIwfpw-Zd2Ze_09QqEVOn9dZzN4nRVsKh9MOHjnY5_pS4mISiTqOYTus20Ov6lmI=" rel="nofollow noopener" target="_blank"><u>ir@newhydrogen.com</u></a></p>
<p> <img decoding="async" alt="NewHydrogen Files Third Patent to Protect Its Breakthrough Technology" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxODg4NCM3ODEwODk4IzUwMDA4NTAyNA=="> <br /><img decoding="async" alt="NewHydrogen Inc NewHydrogen Files Third Patent to Protect Its Breakthrough Technology" src="https://ml.globenewswire.com/media/MWRiNGE3MjEtY2U2NS00MDBkLWE2YTctOTI0ZjRhZDQ4NDg2LTUwMDA4NTAyNC0yMDI2LTA5LTAxLWVu/tiny/NewHydrogen-Inc-.png"></p>
<p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a8022b5b-f0f7-416d-baf4-953e4db35884" target="_blank" rel="noopener"><img loading="lazy" decoding="async" src="https://ml.globenewswire.com/media/a8022b5b-f0f7-416d-baf4-953e4db35884/small/newhydrogen-logo-png.png" border="0" width="150" height="150" alt="Primary Logo" /></a></p>
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		<title>AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2026</title>
		<link>https://pressreach.com/oil-gas/audited-financial-results-for-the-year-ended-30-june-2026/</link>
		
		<dc:creator><![CDATA[Cision]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 07:30:03 +0000</pubDate>
				<category><![CDATA[Oil & Gas]]></category>
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					<description><![CDATA[<figure><img width="800" height="531" src="https://pressreach.com/wp-content/uploads/2026/09/391b1e4b8d93be72e8b6b9a5fdd9ead3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="391b1e4b8d93be72e8b6b9a5fdd9ead3 AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2026" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>JOHANNESBURG, Sept. 1, 2026 /PRNewswire/ &#8212; Sasol released its operating and financial results for the year ended 30 June 2026. Highlights: Adjusted EBITDA of R61 billion up 17%, driven by a combination of management actions and a more supportive macroeconomic environment during the last quarter of the financial year Sales volumes increased by 4% compared to the prior &#8230; <a href="https://pressreach.com/oil-gas/audited-financial-results-for-the-year-ended-30-june-2026/" class="more-link">Continue reading<span class="screen-reader-text"> "AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2026"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="800" height="531" src="https://pressreach.com/wp-content/uploads/2026/09/391b1e4b8d93be72e8b6b9a5fdd9ead3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="391b1e4b8d93be72e8b6b9a5fdd9ead3 AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2026" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p>JOHANNESBURG, Sept. 1, 2026 /PRNewswire/ &#8212; Sasol released its operating and financial results for the year ended 30 June 2026.</p>
<p><b>Highlights:</b></p>
<ul type="disc">
<li>Adjusted EBITDA of R61 billion up 17%, driven by a combination of management actions and a more supportive macroeconomic environment during the last quarter of the financial year</li>
<li>Sales volumes increased by 4% compared to the prior year, through improved operational performance</li>
<li>Cash fixed costs remained flat compared to prior year, through continued delivery of cost saving initiatives</li>
<li>Basic earnings per share (EPS) of R18,99 per share, 79% higher than prior year and Headline earnings per share (HEPS) of R38,31 per share, 9% higher than prior year</li>
<li>Disciplined capital spend of R21 billion, 18% lower than prior year</li>
<li>Free cash flow decreased by 5% to R11,9 billion, impacted by elevated working capital and once-off Transnet SOC Limited net settlement after tax of R3,1 billion, received in the prior year</li>
<li>Net debt excluding leases reduced by 11% to US$3,3 billion, with deleveraging prioritised until the net debt target of sustainably below US$3 billion is achieved</li>
<li>Strong liquidity position of ~US$5 billion, ensuring financial resilience</li>
</ul>
<p><b>Statement by Simon Baloyi, President and Chief Executive Officer of Sasol:</b></p>
<p>&#8220;2026 was a decisive year of delivery against the commitments we set out at our Capital Markets Day (CMD), as we met or exceeded our commitments across all our production and sales metrics. We strengthened the foundation business, continued to build resilience and created a stronger platform for future growth and transformation.</p>
<p>The importance of domestic supply of both energy and chemical products and Sasol&#8217;s role in delivering it was reinforced in the fourth quarter of the financial year following the commencement of the conflict in the Middle East (ME) and associated closure of the Strait of Hormuz. We responded by sustaining uninterrupted operations and leveraging our integrated value chain to ensure reliable product supply to customers, while maintaining cost and capital discipline to convert improving market conditions into stronger financial results.</p>
<p>Safety remains our foremost priority. Tragically, we lost two colleagues during the year. While we saw encouraging improvements in several key safety indicators, we remain unwavering in our commitment to strengthen our safety culture and ensure everyone returns home safely.</p>
<p>In Southern Africa, Secunda Operations achieved its highest annual production in five years and exceeded market guidance. This was supported by improved coal quality following the successful implementation of the destoning plant and higher overall equipment availability. These improvements, together with the fourth quarter macroeconomic tailwinds, contributed to a lower oil break-even price.</p>
<p>In International Chemicals, the reset strategy continued to improve the competitiveness of the portfolio, helping to offset the challenging market conditions experienced for most of the year, including lower US ethylene margins and continued muted market demand. Supported by stronger markets in the fourth quarter, US$ Adjusted EBITDA increased by 47% compared to the prior year.</p>
<p>Capital expenditure was 18% lower than the prior year, mainly due to the conclusion of major gas and environmental compliance projects, together with the absence of the Secunda shutdown in the financial year and ongoing capital optimisation initiatives. Net working capital was higher than target, driven by elevated pricing following the ME conflict and fuels inventory build.</p>
<p>Overall, management actions and the more supportive macroeconomic environment during the fourth quarter of the financial year translated into robust cash generation and further balance sheet strengthening. We delivered on our 2026 net debt target of below US$3,7 billion, reducing net debt by 11% to US$3,3 billion. We extended our debt maturity profile through refinancing initiatives, and maintained a strong liquidity position throughout the year while using our strategic hedging program to manage risk.</p>
<p>This progress has increased our financial resilience, as we progress towards achieving our net debt target of below US$3 billion on a sustainable basis before the resumption of dividends.</p>
<p>We also continued to advance our Grow and Transform agenda. During the year, a further 330 MW of renewable energy came online, increasing renewable energy in operation to more than 500 MW, while total secured renewable energy increased to more than 1 350 MW through our power purchase agreements.</p>
<p>The progress achieved during 2026 demonstrates that, while there is still more work to do, consistent execution against our CMD commitments is building a stronger, more competitive and resilient Sasol, better positioned to deliver sustainable shareholder returns.&#8221;</p>
<p><b>Financial performance</b></p>
<p>Sasol closed the financial year with strong momentum. Improved operational performance, strict cost management and disciplined capital allocation created operating leverage across the business, positioning Sasol to convert improved market conditions in the latter part of the year into stronger earnings and further balance sheet strengthening.</p>
<p>Adjusted earnings before interest, tax, depreciation and amortisation (adjusted EBITDA) of R61 billion was 17% higher than the prior year. This performance was driven by a combination of management actions and a more supportive macroeconomic environment during the final quarter of the financial year. This included a 4% increase in sales volumes associated with improved production, a 7% increase in the average US$ per barrel Brent crude oil price, and a more than 100% increase in refining margins, following improved fuel differentials. The increase was partially offset by a 7% stronger average Rand/US$ exchange rate and the once-off Transnet SOC Limited settlement of R5,5 billion, received in the prior year.</p>
<p>Cost containment remains one of our key focus areas. Cash fixed costs were maintained at R70 billion for the third year in a row, with cost inflation offset by continued cost optimisation initiatives.</p>
<p>Earnings before interest and tax (EBIT) of R25,7 billion was 37% higher than the prior year due to the abovementioned reasons, and was further impacted by non-cash remeasurement items including impairments of R16,8 billion compared to R20,7 billion in the prior year, and unrealised losses of R1,1 billion on the translation of monetary assets and liabilities, and valuation of financial instruments and derivative contracts compared to unrealised gains of R2 billion in the prior year.</p>
<p>Total impairments of R16,8 billion mainly related to the Secunda liquid fuels refinery cash generating unit (CGU) (R7,7 billion), the Polyethylene CGU (R3,7 billion) and the Production Sharing Agreement development in Mozambique (R3,8 billion). While management actions improved the recoverable amount of the Secunda CGU, these benefits were offset by the stronger forecast Rand/US$ exchange rate. We remain focused on progressing initiatives further to enable the benefits to be incorporated in the impairment calculations.</p>
<p>As a result of the above, EPS increased by 79% to R18,99 per share and HEPS increased by 9% to R38,31 per share compared to the prior year.</p>
<p>Net working capital as a percentage of turnover for the year, increased to 18,3% (16,6% on a 6-month annualised basis), above our guidance range of 15,5% &#8211; 16,5%. This was driven by higher pricing in the fourth quarter of 2026, the impact of utilising Prax shareholding capacity at Natref and higher fuels volumes at year end. These volumes will, however, support planned shutdowns early in 2027. Improving working capital remains a key priority and represents a significant opportunity to strengthen cash conversion over the coming year.</p>
<p>Capital expenditure of R21 billion was 18% lower than the prior year, mainly due to the conclusion of major feedstock gas and environmental compliance projects, together with the absence of the Secunda Operation shutdown in the financial year.</p>
<p>Cash flow from operations of R56,7 billion increased 22%, reflecting the stronger operational performance. Free cash flow (FCF) of R11,9 billion declined 5% compared to the prior year, despite higher earnings and lower capital expenditure, mainly as a result of the higher afore-mentioned year-end working capital. Excluding the Transnet SOC Limited net cash settlement (after tax) received in the prior year, FCF improved 26%.</p>
<p>Net debt (excluding leases) reduced by 11% to US$3,3 billion compared to US$3,7 billion in the prior year, and below our guidance of less than US$3,7 billion, reflecting continued cash generation and disciplined capital allocation. Total debt also decreased from US$5,8 billion (R103,3 billion) to US$5,7 billion (R93,9 billion), while liquidity remained strong at US$5 billion, providing sufficient financial resilience.</p>
<p>During the year, we further optimised our debt maturity profile through the successful issuance of both a 5-year R5,3 billion floating rate bond in exchange for US$300 million and a US$750 million bond maturing in 2033, together with the partial repayment of our 2028 and 2029 bond maturities, resulting in a debt neutral transaction. This materially extended our debt maturity profile, further reduced near-term refinancing risk and improved the regional mix of our debt to better match the underlying cash generation of our assets.</p>
<p>Our proactive hedging programme continues to mitigate the volatility arising from oil price and exchange rate movements. Our strategy is to provide downside protection while retaining upside participation and managing hedging costs. The 2027 oil hedging programme is complete, while the 2027 ZAR/USD hedging programme remains underway.</p>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tr>
<td class="prngen2" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>Key metrics</b></span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2026</b></span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2025</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>Change %</b></span></p>
</td>
</tr>
<tr>
<td class="prngen2" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Turnover</span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>272 118</b></span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">249 096</span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">9</span></p>
</td>
</tr>
<tr>
<td class="prngen2" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Adjusted EBITDA (R million)<sup>1</sup></span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>60 705</b></span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">51 764</span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">17</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">EBIT (R million)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>25 690</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">18 819</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">37</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Basic earnings per share (Rand)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>18,99</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">10,60</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">79</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Headline earnings per share (Rand)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>38,31</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">35,13</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">9</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Capital expenditure (R million)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>20 872</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">25 413</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(18)</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Free cash flow<sup>2</sup> (R million)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>11 889</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">12 558</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(5)</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Net debt (excluding leases)<sup>3</sup> (R million)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>53 419</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">64 889</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">18</span></p>
</td>
</tr>
<tr>
<td class="prnpr2 prnpl2 prnvab prntal prncbts prnrbrb1 prnsbbb1 prnsblb1" colspan="4" rowspan="1">
<p class="prnml4"><span class="prnews_span"> </span></p>
<ol type="1">
<li class="prnews_li"><span class="prnews_span">Adjusted EBITDA is calculated by adjusting operating profit for depreciation, amortisation, share-based <br /></br>payments, remeasurement items, change in discount rates of our rehabilitation provisions, all unrealised <br /></br>translation gains and losses, and all unrealised gains and losses on our derivatives and hedging <br /></br>activities.</span></li>
<li class="prnews_li"><span class="prnews_span">Free cash flow is defined as cash available from operating activities less first order capital and related <br /></br>capital accruals.</span></li>
<li class="prnews_li"><span class="prnews_span">The net debt calculation has been updated to exclude equity accounted joint venture net debt.</span></li>
</ol>
</td>
</tr>
</table>
</div>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tr>
<td class="prngen2" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>Net asset value</b></span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2026</b></span></p>
</td>
<td class="prngen3" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2025</b></span></p>
</td>
<td class="prngen4" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>Change %</b></span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Total assets (R million)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">363 818</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">359 555</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Total liabilities (R million)</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">193 784</span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">201 944</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(4)</span></p>
</td>
</tr>
<tr>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>Total equity (R million)</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>170 034</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>157 611</b></span></p>
</td>
<td class="prngen6" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>8</b></span></p>
</td>
</tr>
</table>
</div>
<div>
<table border="0" cellspacing="0" cellpadding="1" class="prnbcc">
<tr>
<td class="prngen9" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>Turnover</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen9" colspan="2" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>EBIT/(LBIT)</b><b><sup>1</sup></b></span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2026</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2025</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2026</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>2025</b></span></p>
</td>
</tr>
<tr>
<td class="prngen10" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>R million</b></span></p>
</td>
<td class="prngen10" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>R million</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen10" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>R million</b></span></p>
</td>
<td class="prngen10" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>R million</b></span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>Southern Africa Energy and Chemicals</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>29 309</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">30 373</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Mining</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>3 714</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">3 954</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>12 300</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">13 133</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Gas</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>1 212</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">3 048</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>125 274</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">98 419</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Fuels</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>19 903</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">5 222</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>62 527</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">63 528</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Chemicals Africa</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(3 339)</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">5 009</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>International Chemicals</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
<td class="prngen7" colspan="1" rowspan="1"></br></td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>40 883</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">38 703</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">America</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>4 097</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1 666</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>42 324</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">42 571</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Eurasia</span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>1 485</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(1 211)</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>&#8211;</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">&#8211;</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>Business Support</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(1 382)</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">1 131</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>312 617</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">286 727</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>Group performance</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>25 690</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">18 819</span></p>
</td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>(40 499)</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">(37 631)</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span">Intersegmental turnover</span></p>
</td>
<td class="prnpr2 prnpl2 prnvab prntar prncbts prnrbrb1 prnsbbb1 prnbsbls" colspan="2" rowspan="1"></br></td>
</tr>
<tr>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span"><b>272 118</b></span></p>
</td>
<td class="prngen7" colspan="1" rowspan="1">
<p class="prnml4"><span class="prnews_span">249 096</span></p>
</td>
<td class="prngen5" colspan="1" rowspan="1">
<p class="prnml8"><span class="prnews_span"><b>External turnover</b></span></p>
</td>
<td class="prnpr2 prnpl2 prnvab prntar prnsbtb1 prnrbrb1 prnsbbb1 prnbsbls" colspan="2" rowspan="1"></br></td>
</tr>
<tr>
<td class="prnpr2 prnpl2 prnvab prntal prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1" colspan="5" rowspan="1">
<p class="prnml4"><span class="prnews_span"> </span></p>
<ol type="1">
<li class="prnews_li"><span class="prnews_span">Loss before interest and tax</span></li>
</ol>
</td>
</tr>
</table>
</div>
<p><b>Dividend</b></p>
<p>The Company&#8217;s dividend policy provides for the distribution of 30% of free cash flow, subject to net debt (excluding leases) being sustainably below US$3 billion. Although net debt reduced to US$3,3 billion at 30 June 2026, it remained above this threshold. Accordingly, the Sasol Limited board of directors did not declare a final dividend.</p>
<p><b>Short-form statement</b></p>
<p>This announcement is the responsibility of the Board and is only a summary of the information in Sasol Limited&#8217;s Annual Financial Statements for the year ended 30 June 2026 (the Annual Financial Statements). The Annual Financial Statements have been audited by Sasol&#8217;s external auditors, KPMG, who expressed an unmodified opinion thereon. Financial figures in this announcement have been correctly extracted from the audited Annual Financial Statements. The information in this announcement has not been audited and reported on by Sasol Limited&#8217;s external auditors.</p>
<p>Any investment decision should also take into consideration the information contained in the Annual Financial Statements, published on SENS on 1 September 2026, via the JSE cloudlink. The Annual Financial Statements, including KPMG&#8217;s unmodified opinion, are available through a secure electronic manner at the election of the person requesting inspection, and have been published and can be found on the company&#8217;s website, <a href="https://www.sasol.com/investor-centre/financial%20results" target="_blank" rel="nofollow noopener">https://www.sasol.com/investor-centre/financial results</a>, and can also be viewed on the JSE cloudlink, <a href="https://senspdf.jse.co.za/documents/2026/JSE/ISSE/SOL/FY26Result.pdf" target="_blank" rel="nofollow noopener">https://senspdf.jse.co.za/documents/2026/JSE/ISSE/SOL/FY26Result.pdf</a></p>
<p><b>Important information</b></p>
<p>Sasol will present its 2026 financial results on Tuesday, 1 September 2026 at 11:00 (SA time). This will be followed by a market call, hosted by President and Chief Executive Officer, Simon Baloyi, and Chief Financial Officer, Walt Bruns, to address questions.</p>
<p>Please connect to the call via the webcast link: <a href="https://www.corpcam.com/Sasol01092026" target="_blank" rel="nofollow noopener">https://www.corpcam.com/Sasol01092026</a> or via teleconference call link: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Feu01.z.antigena.com%2Fl%2F3yt08lkUssBn9NHphwXMCQlEd83IlpBc51CQtyFGj93wavsHAViUPqxD6iVhJxnm6gVKVunUA3JnqMMXTlAyPq840XHcSDQUJAtVscYXXYMiPWEeAf-4BWkYm_1~d~es-aNEc9C~N5L_WSQefdBHiVlPrjiFtyCM6nqBYgssFIv854~SWjPh2VqWFN8e6lHgG0j-ouYgcAhJabPLsonMbPzoCmbQjL8gLziAGURNMTp3026wisHOYRjE8ItlVpG-NSKLWW6HQeTTw9~XvqW1Dvnn&amp;data=05%7C02%7CNatalie.Bounds%40sasol.com%7Ce5462424de564c8dd12208deee424b69%7C3d2c89c4476244418185505beedaf7af%7C0%7C0%7C639210165667211987%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=grR4nysJHT0geeHFA3eic0DMR%2FTgoLWaXv4%2FnlwD904%3D&amp;reserved=0" target="_blank" rel="nofollow noopener">choruscall.it </a></p>
<p>A recording of the presentation will be available on the website thereafter at <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.sasol.com%2Finvestor-centre%2Ffinancial-results&amp;data=05%7C02%7Cmanike.vanvelze%40sasol.com%7C7a140f24ef29452bf8a408ddc900dec0%7C3d2c89c4476244418185505beedaf7af%7C0%7C0%7C638887727748777452%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=W7fXvW6q4xbEh1irTKVqd70dipeF%2FajcuertSo%2BwYfk%3D&amp;reserved=0" target="_blank" rel="nofollow noopener">https://www.sasol.com/investor-centre/financial-results</a>.</p>
<p>For further information, please contact:<br /></br>Sasol Investor Relations,<br /></br>Tiffany Sydow, VP Investor Relations<br /></br>Telephone: +27 (0) 71 673 1929<br /></br><a href="mailto:investor.relations@sasol.com" target="_blank" rel="nofollow">investor.relations@sasol.com</a></p>
<p><b>Disclaimer &#8211; Forward-looking statements</b></p>
<p>Sasol may, in this document, make certain statements that are not historical facts, based on management&#8217;s current views and assumptions, and which are conditioned upon and also involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those anticipated by such statements. Should one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated.  Examples of such forward-looking statements include, but are not limited to, the capital cost of our projects and the timing of project milestones; our ability to obtain financing to meet the funding requirements of our capital investment programme, as well as to fund our ongoing business activities and to pay dividends; statements regarding our future results of operations and financial condition, and regarding future economic performance including cost containment, cash conservation programmes and business optimisation initiatives;  our business strategy, performance outlook, plans, objectives or goals; statements regarding future competition, volume growth and changes in market share in the industries and markets for our products; our existing or anticipated investments, acquisitions of new businesses or the disposal of existing businesses, including estimates or projection of internal rates of return and future profitability; our estimated oil, gas and coal reserves; the probable future outcome of litigation, legislative, regulatory and fiscal developments, including statements regarding our ability to comply with future laws and regulations; future fluctuations in refining margins and crude oil, natural gas and petroleum and chemical product prices; the demand, pricing and cyclicality of oil, gas and petrochemical products; changes in the fuel and gas pricing mechanisms in South Africa and their effects on costs and product prices, statements regarding future fluctuations in exchange and interest rates and changes in credit ratings; assumptions relating to macroeconomics, including changes in trade policies, tariffs and sanction regimes; the impact of climate change, our development of sustainability within our businesses, our energy efficiency improvement, carbon and greenhouse gas emission reduction targets, our net zero carbon emissions ambition and future low-carbon initiatives, including relating to green hydrogen and sustainable aviation fuel;  our estimated carbon tax liability; cyber security; and statements of assumptions underlying such statements.</p>
<p>Words such as &#8220;believe&#8221;, &#8220;anticipate&#8221;, &#8220;expect&#8221;, &#8220;intend&#8221;, &#8220;seek&#8221;, &#8220;will&#8221;, &#8220;plan&#8221;, &#8220;could&#8221;, &#8220;may&#8221;, &#8220;endeavour&#8221;, &#8220;target&#8221;, &#8220;forecast&#8221; and &#8220;project&#8221; and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections, and other forward-looking statements will not be achieved.  These risks and uncertainties are discussed more fully in our most recent annual report on Form 20-F filed after 12:00 SAST (South African Standard Time) on 1 September 2026 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both the foregoing factors and other uncertainties and events, and you should not place undue reliance on forward-looking statements. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.</p>
<p><b>Please note:</b> One billion is defined as one thousand million, bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references brent crude, mmboe – million barrels oil equivalent. All references to years refer to the financial year ended 30 June. Any reference to a calendar year is prefaced by the word &#8220;calendar&#8221;.</p>
<p> </p>
<p id="PURL"><img loading="lazy" decoding="async" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=LN37943&amp;sd=2026-09-01"></img> View original content:<a id="PRNURL" rel="nofollow noopener" href="https://www.prnewswire.com/news-releases/audited-financial-results-for-the-year-ended-30-june-2026-302865913.html" target="_blank">https://www.prnewswire.com/news-releases/audited-financial-results-for-the-year-ended-30-june-2026-302865913.html</a></p>
<p>SOURCE Sasol Limited</p>
<p></img></p>
<p>Featured Image: Megapixl @ Studioceja</p>
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		<title>Cygnus Metals Limited: Conditional Approval of TSX Listing for CAML</title>
		<link>https://pressreach.com/mining/cygnus-metals-limited-conditional-approval-of-tsx-listing-for-caml/</link>
		
		<dc:creator><![CDATA[Globe Newswire]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 07:15:03 +0000</pubDate>
				<category><![CDATA[Mining]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
		<category><![CDATA[pr]]></category>
		<category><![CDATA[press release]]></category>
		<guid isPermaLink="false">https://pressreach.com/?p=206874</guid>

					<description><![CDATA[<figure><img width="777" height="436" src="https://pressreach.com/wp-content/uploads/2026/09/220ad7e54b2efd2d287ec3e477a347c0.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="220ad7e54b2efd2d287ec3e477a347c0 Cygnus Metals Limited: Conditional Approval of TSX Listing for CAML" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure>TORONTO and PERTH, Western Australia, Sept. 01, 2026 (GLOBE NEWSWIRE) &#8212; Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) (&#x201c;Cygnus&#x201d; or the &#x201c;Company&#x201d;) notes the announcement by Central Asia Metals plc (&#x201c;CAML&#x201d;) on 1 September 2026 that that the Toronto Stock Exchange (&#x201c;TSX&#x201d;) has conditionally approved the listing on the TSX of the shares &#8230; <a href="https://pressreach.com/mining/cygnus-metals-limited-conditional-approval-of-tsx-listing-for-caml/" class="more-link">Continue reading<span class="screen-reader-text"> "Cygnus Metals Limited: Conditional Approval of TSX Listing for CAML"</span></a>]]></description>
										<content:encoded><![CDATA[<figure><img width="777" height="436" src="https://pressreach.com/wp-content/uploads/2026/09/220ad7e54b2efd2d287ec3e477a347c0.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="220ad7e54b2efd2d287ec3e477a347c0 Cygnus Metals Limited: Conditional Approval of TSX Listing for CAML" decoding="async" loading="lazy" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 88vw, 1200px"></figure><p align="justify">TORONTO and PERTH, Western Australia, Sept.  01, 2026  (GLOBE NEWSWIRE) &#8212; Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) (&#x201c;Cygnus&#x201d; or the &#x201c;Company&#x201d;) notes the announcement by Central Asia Metals plc (&#x201c;CAML&#x201d;) on 1 September 2026 that that the Toronto Stock Exchange (&#x201c;TSX&#x201d;) has conditionally approved the listing on the TSX of the shares in CAML, including the new shares (&#x201c;New CAML Shares&#x201d;) that will be issued to the shareholders in Cygnus in exchange for their fully paid ordinary shares in Cygnus pursuant to the terms of the previously announced Scheme of Arrangement (&#x201c;Scheme&#x201d;) between Cygnus and CAML.</p>
<p align="justify">The shares will trade on the TSX under the trading symbol &#x2018;CAML&#x2019;. Final approval of the listing is subject to certain customary conditions of the TSX including, naturally, successful completion of the Scheme.</p>
<p align="justify">As noted in the Scheme Implementation Deed announced on 2 June 2026, CAML was to use all reasonable endeavours to secure a listing on either the TSX or TSX Venture Exchange prior to implementation of the Scheme, to provide Cygnus holders of New CAML Shares the ability to trade on a recognised Canadian exchange and to broaden CAML&#x2019;s investor base in North America. From a Cygnus perspective, the TSX conditional approval is welcomed.</p>
<p>This announcement has been authorised for release by the Executive Chair of Cygnus.</p>
<table style="border-collapse: collapse;width:99%;border-collapse:collapse">
<tr>
<td style="max-width:33%;width:33%;min-width:33%"><strong>David Southam</strong><br /><strong>Executive Chair</strong><br /><strong>T: +61 8 6118 1627</strong><br /><strong>E: </strong><a href="mailto:info@cygnusmetals.com" rel="nofollow" target="_blank"><strong>info@cygnusmetals.com</strong></a></td>
<td style="max-width:34%;width:34%;min-width:34%"><strong>Nicholas Kwong</strong><br /><strong>President &amp; CEO</strong><br /><strong>T: +1 418 748 5076</strong><br /><strong>E: </strong><a href="mailto:info@cygnusmetals.com" rel="nofollow" target="_blank"><strong>info@cygnusmetals.com</strong></a> <strong>&#xa0; &#xa0; &#xa0; &#xa0;</strong></td>
<td style="max-width:33%;width:33%;min-width:33%"><strong>Media:</strong><br /><strong>Paul Armstrong</strong><br /><strong>Read Corporate</strong><br /><strong>T: +61 8 9388 1474</strong></td>
</tr>
<tr>
<td>&#xa0;</td>
<td>&#xa0;</td>
<td>&#xa0;</td>
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</table>
<p><strong>About Cygnus Metals</strong></p>
<p align="justify">Cygnus Metals Limited (ASX: CY5, TSXV: CYG, OTCQB: CYGGF) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.</p>
<p> <img decoding="async" alt="Cygnus Metals Limited: Conditional Approval of TSX Listing for CAML" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxOTI0MiM3ODEwOTQ1IzIxOTQwNDg="> <br /><img decoding="async" alt="Cygnus Metals Ltd Cygnus Metals Limited: Conditional Approval of TSX Listing for CAML" src="https://ml.globenewswire.com/media/ZjdmMzdjN2QtMjEwZi00MmNkLTg5YmYtZjA0MTA1ZmNmMGM1LTEyMDU2MDEtMjAyNi0wOS0wMS1lbg==/tiny/Cygnus-Metals-Ltd.png"></p>
<p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/5305bef7-7ee8-427c-9a8d-7a692072b097" target="_blank" rel="noopener"><img loading="lazy" decoding="async" src="https://ml.globenewswire.com/media/5305bef7-7ee8-427c-9a8d-7a692072b097/small/cygnus-logo-png.png" border="0" width="150" height="52" alt="Primary Logo" /></a></p>
<p>Featured Image: DepositPhotos @ kalinovsky</p>
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