Todays News

New research reveals key drivers and hurdles in UK business growth strategies in 2024 and beyond: 70% of Millennial and Gen Z UK entrepreneurs are eager to start businesses outside the UK Over half of UK entrepreneurs (52%) are using digital platforms to scale their operations 90% are already leveraging AI, blockchain and cloud computing to enhance operational efficiency Almost half (46%) are still grappling with the complexities of Brexit LONDON--(BUSINESS WIRE)--Over half of UK business owners and aspiring entrepreneurs (56%) are setting their sights beyond British shores, driven by the growth potential and enhanced flexibility offered in other global markets. This shift, uncovered by new research from Estonia’s e-Residency programme, signifies a pivot in UK entrepreneurship towards international markets, diversifying beyond local dynamics. The survey of 1,000 UK business owners and aspiring entrepreneurs explores the rapidly changing entrepreneurial ecosystem. It underscores the need for new solutions to cut through bureaucratic red tape, highlighting advanced digital services and mobility as key drivers for success this year. Borderless business As UK businesses navigate the complexities of a globalised economy, entrepreneurs are adjusting their strategies to tap into international markets and boost cross-border trade. This proactive shift is reflected in the attitudes and actions of UK business owners and aspiring entrepreneurs: Generational divide in global ambition: 70% of Millennial and Gen Z respondents are eager to set up shop abroad – more than double the rate of Baby Boomers (34%). The rise of digital nomadism: Nearly two-thirds (63%) of respondents are exploring or have adopted a digital nomad lifestyle, using the latest tech to manage business operations from anywhere. Building worldwide webs: Three in five respondents (60%) are engaging in global partnerships and collaborations to extend their reach and drive innovation through diverse insights. AI takes centre stage, again UK entrepreneurs are redefining their global strategies by elevating AI and emerging technologies from handy tools to transformative assets for business growth. This shift signals an increasing reliance on innovative digital solutions across the entrepreneurial landscape: Tech takeover: While it’s no surprise that tech-savvy entrepreneurs are leveraging the likes of blockchain, AI and cloud computing, what's striking is the scale of adoption – 90% of respondents are already leveraging these technologies to boost operational efficiency. Generational tech divide: 77% of Millenial and Gen Z respondents view these technologies as crucial or highly important to their operations, compared to only 27% of Baby Boomers. Digital drives growth: Over half of respondents (52%) are likely to scale up this year using digital platforms, highlighting a demand to embrace online tools as a pathway to expansion. Next tech wave: Digital identity Digital identity technologies are gaining traction in today’s business landscape as awareness of their potential to mitigate the rising threat of fraud increases. Yet, these tools are not just for secure identity verification; they empower entrepreneurs to manage businesses online, perform transactions globally and handle everything from banking to tax filing, regardless of physical location. Despite their vast potential, awareness of these technologies is surprisingly low. This gap underscores a need for education and reveals an opportunity for those ready to embrace these solutions: Limited awareness: Just 1 in 5 respondents (20%) report being highly aware of digital identity technology, despite its potential to enhance security, trust and transparency for businesses. Enhancing operational efficiency: Nonetheless, when asked to pick its most important benefits, a third of respondents (33%) highlighted significant efficiency gains as a top advantage. By simplifying identity verification, these technologies can cut down on administrative overhead. Security as a priority: Similarly, a third of respondents (33%) believe enhanced data security is a key benefit, underscoring the role of this tech in safeguarding business and customer data. Key to future expansion: A forward-looking 22% of respondents already consider these tools as essential for their global expansion plans within the next year. This more than doubles to 47% over a ten-year horizon, reflecting a growing consensus on their importance. Current state of UK entrepreneurship Individuals navigating the UK’s entrepreneurial ecosystem, built for compliance and accountability, recognise this landscape involves a blend of challenges and rewards. This understanding fosters a proactive community, eager to tackle obstacles and seize opportunities for big wins: Brexit transition: As the nation continues to adapt to the post-Brexit environment, almost half of respondents (46%) are still navigating through the complexities it brings. Securing new investments: Despite facing various challenges, 65% of Gen Z and Millennial respondents have expressed their eagerness to expand their business either domestically or internationally this year if they manage to secure new investments. Defying economic pressure: Additionally, 38% of all respondents are still gearing up for growth this year, despite the challenges of inflation and rising operational costs. Bureaucratic red tape: Taking a deep dive into the supportiveness of the UK business environment, 31% of respondents feel the impact of administrative processes, while nearly a quarter (24%) dedicate 11-20 hours weekly to regulatory adjustments alone. Government support: When asked to choose their top two priorities for support, financial incentives such as tax reliefs and grants came out on top; equally critical is the demand for streamlined business processes, from tax procedures to business setup. Liina Vahtras, head of Estonia’s e-Residency programme, commented: “Entrepreneurs across the globe are navigating a rapidly evolving landscape. To succeed in today's interconnected world, businesses must embrace new models of collaboration and competition, looking beyond local markets to seize global opportunities. By investing in innovative technologies and fostering a culture of adaptability, entrepreneurs can reach new heights, regardless of their location. These strategies are essential for both emerging and established businesses to thrive in a global economy.” About e-Residency Estonia introduced the world's first e-Residency program at the end of 2014, designed to give non-residents secure access to its digital public services. Since its launch, over 113,500 individuals have obtained e-resident status, and these e-residents have established more than 30,200 companies within Estonia. The programme has generated over 213 million euros in direct revenue for the Estonian state budget from taxes and state fees. Additionally, it contributes indirect revenue through the growth of Estonian companies that are part of the e-Residency Marketplace. These companies offer a range of services including business, financial, insurance and consulting to e-resident entrepreneurs. For further details and statistics on Estonian e-Residency, please visit: https://www.e-resident.gov.ee/uk-hub-digital-residency-setup/ Methodology The study was carried out by Censuswide with a participant group of 1,003 business owners and aspiring entrepreneurs, divided equally. All participants were aged 18 and older. Data collection occurred from March 25, 2024, to April 2, 2024. Censuswide adheres to the standards of the Market Research Society and follows both the MRS Code of Conduct and ESOMAR principles. Additionally, Censuswide is a member of the British Polling Council. Contacts Charlotte Kelly / Mary Taylor 07891 496946 / 07539 366728 eresidency@clarity.global

TURIN, Italy--(BUSINESS WIRE)--Reply presents the inaugural Reply AI Film Festival, an international competition where Artificial Intelligence (AI) serves not only as a catalyst for innovation in the realm of creative storytelling but also as a tool for fostering inclusivity among younger generations in video and film production. With the theme "Synthetic Stories, Human Hearts," this edition of the Reply AI Film Festival celebrates the synergy between human talent and Artificial Intelligence, blending art, creativity, and technology harmoniously. The competition welcomes all creatives eager to explore the possibilities offered by AI in scriptwriting, storyboarding, imagery, visual effects, and more. Entries, original and no longer than 10 minutes in duration, must be submitted via the dedicated platform, aiff.reply.com, by 1st July 2024. A jury of AI and visual arts experts will evaluate the entries and select the top ten short films across the Narrative, Pilots, Documentaries, and Experimental categories. Thanks to the collaboration with Mastercard, which has always been committed to connecting consumers with their passions and supporting emerging talents, the finalists will be invited to experience a unique opportunity in the Lagoon and participate in a Premiere Event, hosted by Reply and Mastercard, during the days of the 81st Venice International Film Festival. During this Premiere, their works will be showcased, and the three winners will be announced. As part of its ongoing efforts to promote new technologies among younger generations, Reply continues to drive its culture of innovation forward. The Reply AI Film Festival becomes the space to explore AI as an ally of human creativity and, importantly, an opportunity where the synergy between people and technology enables new, more accessible, and sustainable scenarios. "This is an era where people's talent is enriched by tomorrow's tools, resulting in concise stories capable of conveying fully human experiences and emotions. Two years ago, we launched the first edition of the Reply AI Film Festival as an internal competition among our staff. Opening it up to the public today and engaging a wider audience of young technology enthusiasts is of great value to us. The Reply AI Film Festival is not just a way to promote innovation and creativity, but also an opportunity for young talents to immerse themselves in new technologies, acquire advanced skills, and bring new narratives to life," commented Filippo Rizzante, CTO of Reply. The Reply AI Film Festival is part of the Reply Challenges, a program of technological and creative competitions that demonstrate Reply's commitment to developing innovative educational models capable of engaging the new generations. Today, Reply's Challenges boast a community of over 150,000 participants. To learn more about the Reply AI Film Festival, visit aiff.reply.com. Reply Reply [EXM, STAR: REY] specialises in the design and implementation of solutions based on new communication channels and digital media. Reply is a network of highly specialised companies supporting key European industrial groups operating in the telecom and media, industry and services, banking, insurance and public administration sectors in the definition and development of business models enabled for the new paradigms of big data, cloud computing, digital media and the Internet of Things. Reply services include: Consulting, System Integration and Digital Services. www.reply.com Contacts Press contact ReplyFabio Zappelli f.zappelli@reply.comTel. +390117711594 Irene Caia i.caia@reply.comTel. +39 02 535761

LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Options Technology, a trailblazer in capital markets infrastructure, today announced an expanded strategic partnership with oneZero, the leading multi-asset class enterprise trading technology provider for banks and financial institutions. The partnership is set to build upon the existing, proven integration between oneZero and Options Activ’s consolidated data service, streamlining the experience for mutual customers with bespoke API connectivity between Options’ multi-asset class normalized and historical market data, and oneZero's multi-asset class liquidity, aggregation and risk management solutions which facilitate tens of millions of trades per day. Leveraging Options’ normalised market access data model, oneZero customers will be able to use the Hub to distribute pricing and risk across a wider range of asset classes with an accelerated time to market. Danny Moore, President and CEO of Options, commented, “At Options, our commitment to excellence, innovation, and ensuring clients thrive in an ever-evolving financial market is the cornerstone of our business. We are delighted to continue that mission with oneZero. Together, we seek to empower traders and financial institutions with the industry’s most comprehensive multi-asset asset class trading technology solution. The integration of our market data solutions with oneZero’s state-of-the-art modular risk and price distribution platform will be a game-changer, providing unparalleled access to multi-asset class liquidity.” Andrew Ralich, CEO and Co-Founder of oneZero, said: “oneZero’s partnership with Options exemplifies our commitment to continuously improving the liquidity-neutral EcoSystem that we have been building on behalf of our clients. It is our goal to provide a partner framework where oneZero clients can seamlessly access value-added services. In the modern banking and brokerage environment, being able to offer an array of asset classes, and rapidly evolving that asset class offering to catch market trends, is essential. Our accessible data framework provides the flexibility for our clients to access the market data vendors they require, and we are delighted to extend our partnership with Options.” Today’s news comes as the latest in a series of exciting developments for Options Technology, including its partnerships with Magtia and Trader Evolution, its achievement of a new Microsoft Cloud Security specialization and its partnership with Dukascopy. oneZero recently announced the extension of their Data Partners network with other vendors that add value to the trade lifecycle for clients, including with TRAction for trade reporting, and with New Change FX for regulated reference data for reporting. Options Technology: Options Technology (Options) is a financial technology company at the forefront of banking and trading infrastructure. We serve clients globally with offices in New York, London, Belfast, Cambridge, Chicago, Hong Kong, Tokyo, Singapore, Paris, and Auckland. At Options, our services are woven into the hottest trends in global technology, including high-performance Networking, Cloud, Security, and AI (Artificial Intelligence). www.options-it.com oneZero: oneZero Financial Systems has been a leading innovator in multi-asset class enterprise trading technology since 2009. Its powerful software encompasses the Hub, EcoSystem and Data Source - three components that together provide a complete solution for execution, distribution and analytics. Through reliable connectivity, technology, infrastructure and market access, oneZero empowers financial institutions and brokers to compete effectively in the global financial markets through a globally compliant, liquidity-neutral solution. oneZero is certified to the standards of ISO 27001 information security management systems, and has development and operations centers in Asia, Australia, Europe and North America. www.onezero.com Contacts For media inquiries, please contact Niall McAleer, niall.mcaleer@options-it.com or Talia Geberovich, tgeberovich@onezero.com.

SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) announced today the pricing of $650 million aggregate principal amount of 0.50% convertible senior notes due 2030 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, or the Securities Act. Snap also granted the initial purchasers of the notes an option to purchase up to an additional $100 million aggregate principal amount of notes. The sale of the notes is expected to close on May 13, 2024, subject to customary closing conditions. The notes will be general unsecured obligations of Snap, and interest of 0.50% per year will be payable semiannually in arrears on May 1 and November 1 of each year, beginning on November 1, 2024. The notes will mature on May 1, 2030, unless repurchased, redeemed, or converted in accordance with their terms prior to the maturity date. The notes will be convertible at the option of the holders prior to the close of business on the business day immediately preceding February 1, 2030, only on the satisfaction of certain conditions and during certain periods. After that, the notes will be convertible at the option of the holders at any time until the close of business on the business day immediately preceding the maturity date. On conversion, Snap will elect to settle the notes in cash, shares of Snap Class A common stock, or a combination of cash and shares of Snap Class A common stock. Snap may not redeem the notes prior to May 5, 2027. Snap may redeem all or any portion of the notes, at its option, for cash on or after May 5, 2027 if (i) the notes are “freely tradable” (as defined in the indenture governing the notes) and any accrued and unpaid additional interest has been paid as of the date Snap sends the related redemption notice and (ii) the last reported sale price of Snap Class A common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive), including the trading day immediately before the date on which Snap provides notice of redemption, during any 30 consecutive trading day period ending on, and including, the trading day immediately before the date on which Snap provides notice of redemption at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. On the occurrence of certain events that constitute a fundamental change (as defined in the indenture governing the notes), holders of the notes will have the right to require Snap to repurchase all or a portion of their notes for cash at a repurchase price equal to 100% of their principal amount, plus accrued and unpaid interest to, but excluding the repurchase date. Under certain circumstances, Snap will also be required to increase the conversion rate for holders who convert their notes in connection with certain events, including any fundamental change, occurring prior to the maturity date or in connection with Snap’s issuance of a notice of redemption. The notes will have an initial conversion rate of 45.0846 shares of Snap Class A common stock per $1,000 principal amount of notes, which is subject to adjustment in certain circumstances. This is equivalent to an initial conversion price of approximately $22.18 per share. The initial conversion price represents a premium of approximately 32.5% to the $16.74 per share closing price of Snap Class A common stock on the New York Stock Exchange on May 8, 2024. Snap estimates that the net proceeds from the offering will be approximately $641.6 million (or approximately $740.4 million if the initial purchasers exercise their option to purchase additional notes in full), after deducting the initial purchasers’ discounts and commissions and estimated expenses payable by Snap. Snap intends to use (i) approximately $59.7 million of the net proceeds from the offering to pay the cost of the capped call transactions described below, (ii) approximately $159.4 million of the net proceeds from the offering to repurchase approximately $147.9 million aggregate principal amount of its outstanding convertible senior notes due 2025, (iii) approximately $259.5 million of the net proceeds from the offering to repurchase approximately $237.5 million aggregate principal amount of its outstanding convertible senior notes due 2026, and (iv) the remaining net proceeds from the offering for general corporate purposes, including working capital, operating expenses, capital expenditures, acquisitions of complementary businesses, or other repurchases of Snap’s securities. If the initial purchasers exercise their option to purchase additional notes, Snap expects to use a portion of the net proceeds from such additional notes to enter into additional capped call transactions. In addition, Snap expects that some or all of the holders of its convertible senior notes due 2025 and/or convertible senior notes due 2026 that it repurchases may purchase shares of Snap Class A common stock in open market transactions or enter into or unwind various derivatives with respect to Snap Class A common stock to unwind hedge positions that they have with respect to their investment in its convertible senior notes due 2025 and/or convertible senior notes due 2026. These transactions, in turn, may place upward pressure on the trading price of Snap Class A common stock, causing Snap Class A common stock to trade at higher prices than would be the case in the absence of these purchases. The notes and any shares of Snap Class A common stock issuable on conversion of the notes have not been registered under the Securities Act or any state securities laws. Unless a subsequent sale is registered under the Securities Act, the notes and shares of Snap Class A common stock issuable on conversion of the notes may only be offered or sold in the United States in a transaction that is exempt from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. In connection with the pricing of the notes, Snap entered into capped call transactions with certain of the initial purchasers of the notes or their respective affiliates and other financial institutions, collectively, the capped call counterparties. The capped call transactions cover, subject to customary anti-dilution adjustments substantially similar to those applicable to the notes, the number of shares of Snap Class A common stock that will initially underlie the notes. The capped call transactions are expected generally to reduce potential dilution to holders of Snap Class A common stock on any conversion of notes or at Snap’s election (subject to certain conditions) offset any cash payments Snap is required to make in excess of the principal amount of any such converted notes, as the case may be, with such reduction or offset subject to a cap based on the cap price. The cap price of the capped call transactions is initially $33.48 per share of Snap Class A common stock, representing a premium of 100% above the last reported sale price of $16.74 per share of Snap Class A common stock on May 8, 2024, and is subject to certain adjustments under the terms of the capped call transactions. In connection with establishing their initial hedges of the capped call transactions, the capped call counterparties or their respective affiliates may purchase shares of Snap Class A common stock or enter into various derivative transactions with respect to Snap Class A common stock concurrently with, or shortly after, the pricing of the notes. This activity could increase (or reduce the size of any decrease in) the market price of Snap Class A common stock or the notes at that time. In addition, the capped call counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Snap Class A common stock or purchasing or selling Snap Class A common stock in secondary market transactions following the pricing of the notes and prior to the maturity of the notes (and are likely to do so during the relevant valuation period under the capped call transactions or following any early conversion of notes or repurchase of notes by Snap on any fundamental change repurchase date, any redemption date or otherwise, in each case if Snap exercises its option to terminate the relevant portion of the capped call transactions). This activity could also cause or avoid an increase or decrease in the market price of Snap Class A common stock or the notes, which could affect noteholders’ ability to convert the notes and, to the extent the activity occurs during any observation period related to a conversion of notes, it could affect the amount and value of the consideration that noteholders will receive on conversion of such notes. In connection with the issuance of Snap’s outstanding convertible senior notes due 2025, Snap entered into capped call transactions with certain financial institutions. In connection with the repurchases of the convertible senior notes due 2025, Snap intends to enter into agreements with the existing option counterparties to terminate a portion of the existing capped call transactions. In connection with the termination of any of these transactions, Snap expects the existing option counterparties or their respective affiliates to sell shares of Snap Class A common stock and/or unwind various derivatives to unwind their hedge in connection with those transactions. This activity could decrease (or reduce the size of any increase in) the market price of Snap Class A common stock or the notes at that time. In connection with the termination of the existing option transactions, Snap will receive payments in amounts that depend in part on the market price of Snap Class A common stock over a valuation period following the pricing of the notes. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, about Snap and Snap’s industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding the expected closing of the offering of the notes, the anticipated use of the net proceeds from the offering of the notes, including the expected repurchases of Snap’s outstanding convertible senior notes due 2025 and convertible senior notes due 2026 and effects thereof, and expectations regarding the effect of the capped call transactions and regarding actions of the capped call counterparties and their respective affiliates are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “going to,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would” or the negative of these words or other similar terms or expressions. Snap cautions you that the foregoing may not include all of the forward-looking statements made in this press release. You should not rely on forward-looking statements as predictions of future events. Snap has based the forward-looking statements contained in this press release primarily on its current expectations and projections about future events and trends, including its financial outlook, macroeconomic uncertainty, and geo-political conflicts, that it believes may continue to affect Snap’s business, financial condition, results of operations, and prospects. These forward-looking statements are subject to risks and uncertainties related to: Snap’s financial performance; the ability to attain and sustain profitability; the ability to generate and sustain positive cash flow; the ability to attract and retain users, partners, and advertisers; competition and new market entrants; managing Snap’s growth and future expenses; compliance with new laws, regulations, and executive actions; the ability to maintain, protect, and enhance Snap’s intellectual property; the ability to succeed in existing and new market segments; the ability to attract and retain qualified team members and key personnel; the ability to repay or refinance outstanding debt, or to access additional financing; future acquisitions, divestitures or investments; and the potential adverse impact of climate change, natural disasters, health epidemics, macroeconomic conditions, and war or other armed conflict, as well as risks, uncertainties, and other factors described in “Risk Factors” in Snap’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, which is available on the SEC’s website at sec.gov. In addition, any forward-looking statements contained in this press release are based on assumptions that Snap believes to be reasonable as of this date. Snap undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, including future developments related to geo-political conflicts and macroeconomic conditions, except as required by law. Contacts Investors and Analysts:ir@snap.com Press:press@snap.com

MILPITAS, Calif.--(BUSINESS WIRE)--$CRSR--Please replace the release dated May 8, 2024 with the following corrected version due to multiple revisions. The updated release reads: CORSAIR PURSUING AN ACQUISITION OF FANATEC, THE LEADING BRAND FOR SIM RACING HARDWARE CORSAIR® (Nasdaq: CRSR) announced today that it has entered exclusive negotiations to acquire sim racing specialist Endor AG, owners of the world famous Fanatec brand. CORSAIR has reached an agreement with Endor to fund its short-term cash needs while both companies negotiate a restructuring of Endor’s approximately €70 million of debt, which will ultimately result in CORSAIR acquiring Endor if the transaction is approved under a German law governed insolvency process. “Fanatec is an incredible brand with a strong community, and we believe CORSAIR is the ideal home for Fanatec’s loyal customers, employees and business partners,” said Corsair CEO, Andy Paul. “This transaction would solve the company’s significant debt load and position the company for growth and continued product portfolio expansion.” This sentiment is echoed by Endor. “We are very pleased to have found a strategic investor in Corsair who knows our market well and wants to invest for the long term,” said Andres Ruff, CEO and Chief Restructuring Officer of Endor. Endor is a leading manufacturer of dedicated sim racing hardware, including force feedback steering wheels, pedals, and complete cockpits for PlayStation, Xbox, and PC-based racing simulators. This acquisition bolsters the investment CORSAIR has made in the simulation space, and means it is uniquely positioned going forward to provide leading sim racing solutions. About CORSAIR CORSAIR (Nasdaq: CRSR) is a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts. From award-winning PC components and peripherals to premium streaming equipment and smart ambient lighting, Corsair delivers a full ecosystem of products that work together to enable everyone, from casual gamers to committed professionals, to perform at their very best. Copyright © 2024 Corsair Gaming, Inc. All rights reserved. CORSAIR and the sails logo are registered trademarks of CORSAIR in the United States and/or other countries. All other company and/or product names may be trade names, trademarks, and/or registered trademarks of the respective owners with which they are associated. About Endor AG Endor AG develops and markets high-quality input devices such as high-end steering wheels and pedals for racing simulations on game consoles and PCs. As a “brain factory”, the company’s focus is on the creative sector. Endor carries out product development and prototype construction under its own direction and together with specialized technology partners, primarily in Germany. Endor sells its products under the FANATEC brand via e-commerce primarily to end customers in Europe, the USA, Canada, Australia and Japan. Forward Looking Statements Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, whether the acquisition will be completed and Corsair’s funding of Endor AG solving its debt load and positioning the company for growth and continued product portfolio expansion. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations are described under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission (“SEC”) and our subsequent filings with the SEC. Copies of each filing may be obtained from us or the SEC. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect future events or circumstances. Contacts Investor Relations:Ronald van Veen ir@corsair.com510-578-1407 Media:David Ross david.ross@corsair.com+4411 8208 0542