Pakistan – Page 14 – Daily Balochistan Times

July 8, 2026

Anaqua Renews Partnership with Sony to Advance IP Innovation

TOKYO, July 07, 2026 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property (IP) management technology solutions and services, today announced the renewal of its partnership with Sony Group Corporation (“Sony”). Under this agreement, Anaqua will support Sony in strengthening intellectual property as a core driver of its business strategy, innovation, and global growth. Anaqua was first selected by Sony as its IP management platform in 2018.

The renewal of this partnership reflects Sony’s evolving business strategy and the growing importance of intellectual property intelligence across its integrated operations. Anaqua will continue to support the consolidation and integration of Sony’s IP management across its patents, designs, trademarks, and related rights for its global, cross-business units.

Sony, which operates across diverse businesses: Games & Network Services, Music, Pictures, Entertainment Technology & Services, Imaging & Sensing Solutions, is one of the largest patent filers globally in its core technologies, such as gaming and imaging technologies. Furthermore, its portfolio consistently ranks among the most cited in those same fields, a widely recognized benchmark of genuine innovation. Sony’s IP portfolio is as expansive as it is strategically vital.

With the renewed agreement, Anaqua will continue to provide Sony with the AQX® platform, AcclaimIP analytics solution, and Patent and Design Annuities and Trademark Renewals services, while Sony actively evaluates and adopts Anaqua’s advanced AI-powered capabilities, which aligns with its transformation objectives. These include AI solutions designed to deliver deeper insights, faster strategic planning, and stronger brand and innovation governance.

“The pace of innovation is accelerating like never before,” said Asashi Shimodaira, Head of IP and Technology Standardization, Sony Group. “Efficiency is crucial, and that’s one of the key reasons why we chose Anaqua. The latest version with AI-powered functions promises significant process improvements. We aim to free up time for more strategic thinking.”

Through this strengthened collaboration, Anaqua will support Sony in shifting how the company uses IP: transitioning from traditional protection to a portfolio-driven, data-centric approach that informs decision-making across business units, accelerates innovation cycles, and supports emerging technologies and new market opportunities with Anaqua’s AQX platform.

“Sony has consistently been at the forefront of reimagining how intellectual property supports business growth,” said Justin Crotty, CEO of Anaqua. “From our initial partnership to our evolving, long-term collaboration, we’re proud to support Sony with AI-driven technologies that help turn IP into a powerful engine for innovation and competitive advantage.”

“Sony has a clear vision for elevating IP as a driver of business growth and global competitiveness,” said Kazuyasu Adachi, president and general manager, Japan & APAC, Anaqua. “The strong partnership with Sony underscores Anaqua’s longstanding commitment to supporting global enterprises operating across complex, multi-business environments and global regions. By integrating agreements across Sony entities and standardizing platforms and data, Sony is positioned to scale best practices, improve collaboration, and continuously refine IP strategy in a rapidly changing global landscape.”

Anaqua supports Sony with a globally coordinated, cross-functional team that delivers deep technical expertise and a consistently high-quality experience across Japan and worldwide. By seamlessly integrating its local Japan team with its global organization, Anaqua provides tailored, region-specific support while ensuring alignment across markets. Insights from close collaboration in Japan help optimize Sony’s operations and user experience, while Anaqua’s global perspective drives continuous improvement at scale, delivering responsive, localized support and consistent excellence wherever Sony operates.

About Sony Group Corporation
To find out more about Sony, please visit https://www.sony.com/en/.

About Anaqua
Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software platforms, AQX®, PATTSY WAVE®, and RightHub® offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s needs. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over two million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, Asia, and Australia. For additional information, please visit anaqua.com, or on Anaqua’s LinkedIn.

Media Inquiries:
[email protected]
+1-617-375-5808

GlobeNewswire Distribution ID 9757777

July 8, 2026

Nyxoah Announces Preliminary Results for the Second Quarter of 2026

Nyxoah Announces Preliminary Results for the Second Quarter of 2026

Continued U.S. launch momentum drives second quarter global preliminary net revenue of €7.7 million
CMS proposes 2027 OPPS and ASC payment increase of 12% and 15% respectively

Mont-Saint-Guibert, Belgium – July 7, 2026, 10:05 pm CET / 4:05 pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company that develops breakthrough treatment alternatives for Obstructive Sleep Apnea (OSA) through neuromodulation, today reported certain preliminary unaudited second quarter 2026 financial and operating results.

Second Quarter 2026 – Preliminary Sales and Market Metrics

Financials
- Global net revenue is expected to be approximately €7.7 million in the second quarter of 2026, which reflects 21% sequential growth over the first quarter of 2026
- U.S. net revenue is expected to be approximately €5.2 million in the second quarter of 2026, which reflects 22% sequential growth over the first quarter of 2026
Leading U.S. commercial indicators
- 55 new surgeons trained in Q2, bringing the total to 262 surgeons trained
- 89 new accounts activated in Q2, bringing the total to 180 active high-volume accounts
- 427 patients submitted under prior authorization entering Q3
Reimbursement US
- CMS is proposing to increase hospital reimbursement for the Genio procedure (C8011) from $31,526 to $35,414, representing an increase of $3,888 (12%)
- CMS is proposing to increase ASC reimbursement from $27,563 to $31,722, an increase of $4,159 (15%)
Liquidity
- $110 million in aggregate financing secured in Q2
- As of June 30, 2026, cash, cash equivalents and financial assets are expected to be approximately €97.8 million

“We closed Q2 with clear U.S. momentum: the scaling of our U.S. sales force allowed us to double the number of active accounts to 180 high-volume HGNS accounts and deliver a second consecutive quarter of over 20% sequential U.S. revenue growth. Additionally, the recent CMS proposed reimbursement increases in both hospital outpatient and ambulatory surgical centers are among the strongest within APC 5465 (Level 5 Neuromodulation) and, if approved, support continued economic value for the Genio procedure,” commented Olivier Taelman, Nyxoah’s Chief Executive Officer. “With $110 million in new financing, the financial overhang is now behind us, and we are positioned to accelerate Genio’s U.S. commercial ramp and drive toward profitability.”

Revenue Guidance for the Full Year 2026

The Company continues to expect global net revenue for the full year 2026 to be in the range of €36 million to €40 million.

The preliminary, unaudited revenue results and cash, cash equivalents and financial assets described in this press release are estimates only and are subject to revision until Nyxoah reports its full financial results for the second quarter of 2026, including in its Quarterly Report on Form 6-F.

Upcoming Investor and Analyst Day

The Company will be hosting an Investor and Analyst Day on Wednesday, July 8, 2026, in New York. The event will be held at the offices of Bank of America and will run from 10:00 AM to 12:30 PM ET (16:00 to 18:30 CET).

The event will be webcast live for those unable to attend in person, with a replay available shortly afterwards. Participants joining via the webcast will be able to ask questions during the event.

Event details

Date: Wednesday, July 8, 2026
Time: 10:00 AM to 12:30 PM ET (16:00 to 18:30 CET)
Location: Bank of America Tower at One Bryant Park, 1111 Avenue of the Americas, New York, NY
Registration and webcast access:

https://www.netroadshow.com/events/login/1PeTHmohOsvcptHhJ0ULn0T429N8JKb3IuZtL

About Nyxoah

Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat OSA. Nyxoah’s lead solution is the Genio system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company announced positive outcomes from the DREAM IDE pivotal study and receipt of approval from the FDA for a subset of adult patients with moderate to severe OSA with an AHI of greater than or equal to 15 and less than or equal to 65.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. FDA approved in August 2025 as prescription-only device.

Forward-looking statements

Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or management’s current expectations regarding the Genio system; the potential advantages of the Genio system; Nyxoah’s goals with respect to the potential use of the Genio system; the Company’s commercialization strategy and entrance to the U.S. market; the Company’s results of operations, financial condition, liquidity, performance, prospects, growth, future revenue and strategies. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. These risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2025, filed with the Securities and Exchange Commission (“SEC”) on March 26, 2026 and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward-looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward- looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:

Nyxoah
John Landry, CFO
[email protected]

Rémi Renard
Head of Investor Relations & Corporate Communication
[email protected]

Attachment

ENGLISH_Nyxoah Prelim Earnings PR Q2

GlobeNewswire Distribution ID 1001211720

July 7, 2026

Bitget Wallet Hits 100M Users — and Payments Just Overtook Trading

Bitget Wallet’s shift from trading to payments shows how crypto is becoming part of everyday finance, not just a vehicle for investment

Bitget Wallet Hits 100M Users — and Payments Just Overtook Trading

SAN SALVADOR, El Salvador, July 07, 2026 (GLOBE NEWSWIRE) — Bitget Wallet, a self-custodial crypto wallet for everyday finance, announced it has surpassed 100 million users globally, and that for the first time in the platform’s history, daily payment users now outnumber traders. More than half of those users are based in Southeast Asia, South Asia, Africa, and Latin America, where people are increasingly using crypto wallets as global stablecoin accounts to save, get paid, and spend locally, rather than to trade.

That shift shows up in the data. Bitget Wallet Cards issued have surpassed 150,000 worldwide, available across 50+ markets and spendable at 150M+ merchants. Global card spending reached $31M in the first half of 2026, a 191% increase from H2 2025. In emerging markets specifically, card spend grew by 416% in the same period, showing that financial habits are forming faster in these regions than the global average. Globally, card users averaged 10 payments per month at an average transaction size of $28, consistent with everyday purchases at a frequency that reflects payment as routine. Active cardholders in the US, Europe, and Asia average between 10 and 14 swipes a month — on par with how often consumers use a debit card — while emerging markets like LatAm are catching up fast from a lower base.

The conditions driving it are structural, and specific. In Nigeria, the official naira lost over 40% of its value against the dollar in 2024; in Argentina, the peso lost a comparable share. Conventional remittance corridors into these markets still charge 5–8% per transfer on average. At the same time, both countries are among Bitget Wallet’s fastest-growing markets — a direct connection between local currency instability and demand for a stable, low-cost, borderless account. In Southeast Asia and South Asia, the platform’s two largest user regions, mobile-first payment infrastructure already exists; Bitget Wallet’s QR payments and bank transfer rails plug into habits that are already formed.

“The next wave of users in these markets doesn’t think of this as crypto,” said Alvin Kan, COO of Bitget Wallet. “They have a balance in dollars, they spend it, they get paid into it, and they move it across borders. The account just happens to be onchain. What the data is showing us is that this is becoming routine, and what starts as routine in these markets tends to define what global finance looks like next.” In a COO letter published, Kan reflects on the turning points that shaped the platform over the past eight years.

Eight years ago, Bitget Wallet launched as a trading tool for crypto natives. In the last two years, the product was substantially rebuilt around a different use case: the infrastructure that today spans card issuance across 50+ markets, QR payment rails across Southeast Asia and LatAm, and direct bank integrations serving users in Nigeria, Mexico, and Bangladesh didn’t exist at the last major milestone. The Onchain Payments Matrix, the settlement infrastructure behind these flows, now spans 80+ payment rails across 100+ currencies and has settled more than $177 billion in stablecoin volume.

More insights and the full data report can be found on the Bitget Wallet blog.

About Bitget Wallet
Bitget Wallet is a self-custodial crypto wallet built for everyday finance. Since 2018, it has given 100M+ users worldwide an onchain account to save, spend, and invest in crypto, supporting 1M+ tokens across 130+ blockchains, 100+ fiat currencies, Visa/Mastercard crypto cards, and localized payment methods. Its security is backed by industry-standard key encryption, a real-time risk engine, independent audits, and a US$300M+ user protection fund. In 2022, Bitget Wallet raised a US$100M funding round led by Dragonfly. For media information, visit web3.bitget.com.

Disclaimer: For informational purposes only. Cryptocurrencies are subject to high market risk and volatility. No profit is guaranteed. You are strongly advised to conduct own research before investing at your own discretion. Nothing on this page shall be construed as financial advice or solicitation. Past performance does not indicate future results.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c5f4bdd-196f-4cdb-b17b-fb9a8ed0e5bf

GlobeNewswire Distribution ID 1001211698

July 7, 2026

London Business School announces £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott

London Business School announces a transformational £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott, supporting scholarships and the future of global business education

LONDON, July 07, 2026 (GLOBE NEWSWIRE) — London Business School (LBS) today announces a £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott.

In recognition of this historic gift, the School will name its iconic North Building at Sussex Place, overlooking Regent’s Park, as the David and Molly Pyott Building. The gift will also establish a major scholarship programme that will enable the School to attract talented MBA students over the next decade.

One of the largest philanthropic contributions in London Business School history, this gift reflects the longstanding commitment that David, a graduate of the MSc13(1980) class and the first alumnus to serve as Chair of the School’s Governing Body, and Molly have dedicated to LBS. Their gift takes the School’s record-breaking Forever Forward fundraising campaign to over £170 million raised towards the £200 million campaign goal.

Commenting on their gift, David and Molly Pyott say: “London Business School has long held a special place for us. We have seen firsthand how LBS shapes careers and transforms lives, exactly as it did for David. We believe deeply that our gift will help LBS to unlock opportunities and achieve its full potential.”

The David and Molly Pyott Building will extend the footprint of LBS’s top-ranked Executive Education programmes and strengthen the School’s excellence in developing global business leaders throughout their careers.

Dr David E.I. Pyott, CBE, CStJ has had a distinguished international business career. As Chief Executive Officer of Allergan from 1998 to 2015, he led the global pharmaceutical company through a period of significant growth and innovation. In recognition of his achievements, he received the Director of the Year Award from the National Association of Corporate Directors in 2011. He is a director on the boards of Alnylam Pharmaceuticals and Tarsus Pharmaceuticals. In addition, he is a trustee and member of the Executive Committee of the California Institute of Technology.

Sergei Guriev, Dean of London Business School, says: “We are proud, humbled, and grateful to David and Molly for this transformational gift that is a powerful demonstration of a deep lifelong connection to London Business School and a strong vote of confidence in the School’s future. Generations of LBS students will be inspired by David and Molly’s remarkable personal journey and their lasting impact on business education, business, and society worldwide.”

About London Business School

London Business School’s purpose is to have a profound impact on the way the world does business and the way business impacts the world. The School is consistently ranked among the world’s top business schools and is widely acknowledged as a centre for outstanding research and thought leadership.

In addition to its highly ranked degree programmes, the School offers award-winning Executive Education for business leaders from around the world, frequently placing at the top of global rankings for open and custom executive learning.

Alongside its main campus in London, London Business School has a long-standing campus in Dubai and, in late 2025, officially opened an Executive Education office in Riyadh’s historic Diriyah district, marking a deepened commitment to developing leadership and human capability in the Kingdom. This new presence reflects LBS’s expanding footprint in the Middle East and its partnerships with leading organisations across the region.

The School equips its diverse student body with the tools needed to tackle today’s business challenges and connects them with many of the world’s leading thinkers. Its global community includes more than 58,000 alumni working in over 160 countries, united by a wealth of knowledge, experience and worldwide networking opportunities. London Business School’s faculty members come from more than 30 countries and cover seven core subject areas, including accounting, economics, finance, management science and operations, marketing, organisational behaviour, and strategy and entrepreneurship.

For more information, visit www.london.edu

About the David and Molly Pyott Foundation

Led by President Dr David E.I. Pyott, CBE, CStJ and Vice President Molly Pyott, the David and Molly Pyott Foundation supports initiatives focused on education, healthcare and opportunity, including programmes that educate ophthalmologists worldwide, help young people access employment opportunities, improve support for people with disabilities, and advance the performing arts.

About David Pyott

Dr. David E.I. Pyott, CBE, CStJ is Chair of London Business School’s Governing Body.

Dr. Pyott has a longstanding relationship with the School. An LBS alumnus, MSc13 (1980), he became a Fellow of London Business School in 2006. In the same year, Dr. Pyott received a CBE for services to British business excellence and management skills in the United States. A member of the Governing Body since 2015, Deputy Chair since 2018, and Chair since 2023, Dr. Pyott passionately believes in the vibrancy of the School’s multinational community of faculty, students, alumni, and staff. He will build on the School’s leading position in Executive Education and contribute to the School’s ambition to have a profound impact on the way the world does business and the way business impacts the world.

Dr. Pyott is a member of the Board of Alnylam Pharmaceuticals and Tarsus Pharmaceuticals. Formerly, he was a member of the Supervisory Board of Royal Philips and a Director of BioMarin Pharmaceutical. In addition, he is a trustee and member of the Executive Committee of the California Institute of Technology. He was promoted in 2023 to Commander of the Order of St. John.

Dr. Pyott is a board director for many not-for-profit organisations across America, Europe, and Africa. He and his wife, Molly, created the David & Molly Pyott Foundation, which educates ophthalmologists worldwide, supports young people in employment, improves care for disabled individuals, and advances the performing arts.

About Molly Pyott

Molly Pyott serves as Vice President of the David and Molly Pyott Foundation a private charity registered in Colorado which is focused on philanthropy in a few areas: improving care for disabled individuals; enabling disadvantaged youth secure employment; teaching and educating ophthalmologists in lower and middle income countries; and advancing the performing arts. Ms Pyott leads development and operational strategy for significant grants to The King’s Trust (formerly the Prince’s Trust) founded by King Charles III; ORBIS International, a global eyecare charity addressing preventable blindness in lower- and middle-income countries; the Ophthalmology Foundation, a U.S.-based charity that creates programs to enhance the skills of ophthalmic educators worldwide; and to classical music and the performing arts. Previously, she was Chairwoman of Easterseals Southern California, a U.S.-based charity providing life-changing services to people with disabilities. She is an Officer in the Order of St. John.

For more information, contact

Christopher Moseley,

Senior PR Manager

London Business School

Email [email protected]

Mobile +44 7511 577803

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ddb5264-210e-465f-9a44-d8f2ce6f5d0b

GlobeNewswire Distribution ID 1001211630

July 7, 2026

From plastic waste to chocolate wrappers: LYB and Mondelez collaborate on Marabou flexible packaging sourced from recycled plastic

Marabou Chocolate Bar Packaging

Using LYB CirculenRevive polymers with 100% attributed recycled content via an ISCC PLUS-certified mass balance approach, Mondelez is now able to offer packaging sourced from 75% recycled content for Marabou chocolate bars. Source: Mondelez International.

ROTTERDAM, Netherlands, July 07, 2026 (GLOBE NEWSWIRE) — Global chemical leader LyondellBasell (NYSE: LYB) today announced an innovative flexible packaging solution for Marabou chocolate bars, developed in collaboration with Mondelez International, Amcor, Taghleef Industries and other key industry players. Using LYB CirculenRevive polymers with 100% attributed recycled content via an ISCC PLUS-certified mass balance approach, Mondelez is now able to offer packaging sourced from 75% recycled content, helping transform hard-to-recycle post-consumer mixed plastic waste into high-quality materials for food packaging.

“Our collaboration with Mondelez illustrates our shared vision for the future and highlights our ability to provide innovative, high-quality circular solutions tailored to demanding specifications,” said Yvonne van der Laan, executive vice president, Sustainable Solutions and Technology Business, LYB. “We’re committed to making circular and low carbon solutions work for businesses while creating solutions for everyday sustainable living.”

Scaling circular polymers through the LYB integrated ecosystem

As LYB continues to expand its circular solutions, the company plans to supply future polymers for Marabou packaging through MoReTec-1, its first commercial-scale catalytic chemical recycling plant under construction in Wesseling, Germany. Once operational, MoReTec-1 will strengthen access to circular feedstock within the LYB integrated ecosystem, which connects advanced sorting and recycling infrastructure with the company’s existing crackers and polymerization assets.

Collaborating across the value chain

Solutions like the Marabou chocolate bar packaging depend on collaboration across the value chain to help advance a more circular economy for plastics. LYB supplies the circular polymers, Taghleef Industries develops the base film and Amcor converts the material into the final flexible packaging solution for Mondelez. Source: LyondellBasell (LYB)

“This collaboration demonstrates how LYB can connect chemical recycling innovation with the scale and reach of our existing production network,” said LYB CEO Peter Vanacker. “As we advance MoReTec-1, we expect the facility to support future polymer supply for Marabou packaging and strengthen our ability to convert hard-to-recycle plastic waste into circular feedstocks for our existing assets. This integrated approach positions LYB to deliver value while advancing our circular and low carbon strategy.”

Once operational, the MoReTec-1 facility is designed to produce 50,000 metric tons of feedstock annually for use in existing LYB production units, enabling the production of recycled polymers. Source One Plastics, an LYB joint venture located in Eicklingen, Germany, processes mixed plastic waste into feedstock suitable for chemical recycling, supporting future supply to MoReTec-1. LYB currently sources recycled feedstock for CirculenRevive polymer production from third-party pyrolysis oil producers.

Collaborating across the packaging value chain

“Looking ahead, our ambition is to increase the use of recycled plastic in our packaging materials, and we’re proud to collaborate with multiple value chain players, including LYB and other industry leaders, on this journey,” said Packaging Sustainability Manager at Mondelez International, Richard Akkermans. “For consumers, the message is simple: plastic packaging can be recycled and allocated back into new food packaging. This initiative shows what becomes possible when brand owners, recyclers, packaging material producers and converters work together to turn circular ambition into commercial reality.”

Meeting brand-owner demand for circular packaging solutions

The collaboration reflects growing demand from brand owners for high-performance circular polymers that can support recycled-content goals while delivering the quality required for flexible food packaging.

The new packaging supports progress toward European recycling ambitions and readiness for anticipated recycled-content requirements under the European Union Packaging and Packaging Waste Regulation (PPWR). Chemical recycling can help address flexible packaging waste, which has historically proven challenging to recycle into materials suitable for food packaging.

How CirculenRevive supports solutions

CirculenRevive polymers are created by converting hard-to-recycle mixed plastic waste, including flexible packaging, into feedstock for polymer production through a chemical recycling process. LYB uses these feedstocks in existing production processes, displacing fossil-based feedstocks, and attributes them to end products through an ISCC PLUS-certified mass balance approach.

The resulting polymers offer a drop-in, virgin-quality solution that allows brand owners to incorporate recycled content while maintaining performance and compliance with regulatory requirements.

To learn more about the LYB full portfolio of circular and low carbon solutions, visit www.lyb.com/circulen.

About LyondellBasell

We are LyondellBasell (NYSE: LYB) ― a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Circulen is a trademark owned or used by the LyondellBasell family of companies.

FORWARD-LOOKING STATEMENTS
The statements in this release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially based on factors including, but not limited to, market conditions, including the prolonged industry downturn, the business cyclicality of the chemical and polymers industries; the availability, cost and price volatility of raw materials and utilities, particularly the cost of oil, natural gas, and associated natural gas liquids; the supply/demand balances for our and our joint ventures’ products; customer and consumer demand for circular products, and regulatory support for such demand; industry production capacities, operating rates, and the pace of global capacity rationalizations; our ability to successfully construct and operate MoReTec-1; technological developments, and our ability to develop new products and process technologies; our ability to meet our sustainability goals, including the ability to operate safely, increase production of recycled and renewable-based polymers to meet our targets and forecasts; our ability to build a profitable Circular & Low Carbon Solutions business. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2025, which can be found at www.LyondellBasell.com on the Investors page and on the Securities and Exchange Commission’s website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law.

About Mondelez International

Mondelez International is a global leader in snack foods, committed to sustainable practices and innovation across its diverse portfolio of iconic brands, including Marabou.

About Marabou

Marabou is a renowned brand known for its high-quality confectionery products. This collaboration represents a significant step toward a more sustainable future by integrating environmentally responsible packaging solutions.

MEDIA CONTACT:
Sarah Allen
713-309-7575
[email protected]

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/2e94e5d7-b16e-4857-9096-b2e03d9027e6
https://www.globenewswire.com/NewsRoom/AttachmentNg/14a329d6-fdfd-4b16-b54d-661ea955be8e

GlobeNewswire Distribution ID 9757897

July 7, 2026

Hesab Selects Movement as Exclusive Stablecoin Settlement Layer for Its Global Self-Custody Bank

The collaboration represents a landmark deployment of Movement’s stablecoin settlement infrastructure, giving Hesab’s users across 160+ countries true ownership of their money for the first time

SAN FRANCISCO, July 07, 2026 (GLOBE NEWSWIRE) — Hesab, the global digital payments platform, today announced the company has selected Movement as the exclusive stablecoin settlement layer for its new Global Self-Custody Bank, a full-stack financial platform that gives users across emerging markets true ownership of their money. Roughly 1.4 billion adults are unbanked, and hundreds of millions more rely on accounts they don’t fully control, exposed to inflation, currency controls, and frozen deposits. Hesab has spent a decade serving exactly those users, currently processing $160 million across over a million transactions per month. Its next phase targets the global south, including Africa and the Middle East.

Movement is the stablecoin settlement and yield layer built for these markets, with access to licensed payment rail across the United States, Canada, and the European Union. That regulated footprint is what separates it from networks that can move stablecoins but cannot touch compliant fiat on and off ramps. Hesab is the first major platform to build on that infrastructure, and the choice reflects what fintechs and neobanks serving the Global South need: fast, compliant cross-border settlement without holding billions in pre-funded float.

“Money should move at the speed of trust. Instantly, without permission, across any border,” said Sanzar Kakar, Chairman of Hesab. “We chose Movement as our exclusive stablecoin settlement layer because it gives us the speed, composability, and emerging-market focus to offer something the world has never had – a bank account that truly belongs to its user.”

Hesab’s Global Self-Custody Bank is built on a purpose-designed infrastructure stack with leading fintech and enterprise businesses as partners. DFNS provides programmable wallet infrastructure, enabling Hesab to issue millions of non-custodial wallets at scale so users hold their own keys without managing seed phrases. Movement powers real-time stablecoin settlement across corridors, replacing the pre-funded float and correspondent banking bottlenecks that make traditional remittances slow and expensive. Circle’s CCTP moves native USDC seamlessly across blockchains, while Tether supplies USDT liquidity across corridors where it is the preferred dollar-denominated store of value.

“The unbanked aren’t waiting for traditional banks to reach them,” said Torab Torabi, CEO of Movement. “They’re already using mobile money and informal transfer systems. Hesab plugs directly into that demand with something better: their own bank, with no primitive middleman and global access.”

Hesab serves active users across more than 160 countries and accepts funding from over 20 channels, including bank transfers, debit and credit cards, ApplePay and GooglePay. Founded in 2018 by Kakar, a University of Pennsylvania and Warwick Business School graduate who previously worked at Merrill Lynch, Hesab has built its reputation on delivering reliable financial access where legacy infrastructure has failed.

Movement: Where Money Lives. To learn more, visit MovementNetwork.xyz, follow @Movement_xyz on X and connect with Movement on LinkedIn.

About Hesab
Hesab is a global digital payments platform that enables users to send, receive, and store money across borders in a fast, low-cost, and self-custodial way. Founded in 2018 by Sanzar Kakar, Hesab serves users across more than 160 countries and accepts funding from over 20 payment channels. Hesab is building the world’s first Global Self-Custody Bank on the Movement Network. To learn more, visit hesab.com.

About Movement
Movement is a global settlement and yield layer for stablecoins, built on Move, the programming language Meta developed for financial applications. Move was designed from the ground up to secure financial assets, making it purpose-built for moving real money across borders at scale.

Neobanks, fintechs, and payment platforms build with Movement to settle cross-border transactions instantly. Traditional remittance rails require billions in pre-funded float and take two to five days to clear. Movement reduces that capital overhead and the traditional correspondent bank chain bottlenecks, cutting costs and giving financial institutions technical infrastructure they can trust. Learn more about Movement at MovementNetwork.xyz and follow on X.

About DFNS
DFNS is the first core banking platform for digital assets. It sits between an institution’s existing systems and the blockchains where those assets move and settle, combining wallet infrastructure, key management, transaction processing, policy enforcement, and compliance integrations in one platform across 100+ blockchains. More than 400 institutions and fintechs build on DFNS. Since 2020 the company has secured over €100 billion in assets, processes roughly 1% of global stablecoin volume each month, and has recorded zero security breaches or key losses. To learn more, visit dfns.co.

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