Azerion completes refinancing of outstanding senior secured bonds maturing in April 2024

NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”)) OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

Amsterdam, 31 October 2023 – Azerion Group N.V. (the “Company”) is pleased to confirm the completion of the refinancing of its outstanding senior secured bonds maturing in April 2024 with the successful early redemption of all outstanding senior secured fixed rate bonds with ISIN SE0015837794About Azerion

Founded in 2014, Azerion (EURONEXT: AZRN) is one of Europe’s largest digital advertising and entertainment media platforms. We bring global scaled audiences to advertisers in an easy and cost-effective way, delivered through our proprietary technology, in a safe, engaging, and high-quality environment, utilizing our strategic portfolio of owned and operated content with entertainment and other digital publishing partners.

Having its roots in Europe and with its headquarters in Amsterdam, Azerion has commercial teams based in over 26 cities around the world to closely support our clients and partners to find and execute creative ways to make a real impact through advertising.

For more information visit: www.azerion.com

For further information, please contact:

Andrew Buckman
VP Investor Relations
ir@azerion.com

Media: press@azerion.com

Disclaimer

This communication does not constitute an offer to sell, or a solicitation of an offer to buy, any securities or any other financial instruments.

This communication does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any New Bonds or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with or act as an inducement to enter into, any contract or commitment whatsoever.

In particular, this communication does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, or form part of any offer, invitation or solicitation to purchase, securities to any person located or resident in the United States or to any U.S. Person (as defined in Regulation S under the U.S. Securities Act). The securities referred to herein have not been, and will not be, registered pursuant to U.S. Securities Act or any securities laws in any state or other jurisdiction in the United Sates and may not be offered, sold, accepted, exercised, re-sold, renounced, transferred or delivered, whether directly or indirectly, in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. No public offering of securities is being, has been, or will be made in the United States.

This communication is made accessible on the basis that any offers of securities referred to herein in any Member State of the EEA will be made pursuant to an exemption under the Prospectus Regulation from the requirement to publish a prospectus for offers of such securities. The New Bonds have, with respect to persons in Member States of EEA, only been offered to persons who are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Regulation and Section 1:1 of the Dutch Financial Supervision Act. The expression “Prospectus Regulation” means Regulation No. 1129/2017.

In the United Kingdom, the material is made accessible on the basis that any offers of securities referred to herein will be made pursuant to an exemption under the UK Prospectus Regulation from the requirement to publish a prospectus for offers of such securities. The New Bonds have, with respect to persons in the United Kingdom, only been offered to persons who are qualified investors within the meaning of Article 2(1)(e) of the UK Prospectus Regulation. The expression “UK Prospectus Regulation” means Regulation (EU) 2017/1129 as it forms part of retained EU law as defined in the EU (Withdrawal) Act 2018.

The release, publication or distribution of the material may be restricted by law and persons in such jurisdictions in which a release, publication or distribution of the material should therefore inform themselves about, and observe, any such restrictions. This press release may include projections and other “forward-looking” statements within the meaning of applicable securities laws. Any such projections or statements reflect the current views of the Company about future events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.

GlobeNewswire Distribution ID 1000896970

King Faisal Specialist Hospital and Research Centre เฉลิมฉลองความสำเร็จในการรักษาผู้ป่วยมะเร็งเม็ดเลือดขาวลิมโฟไซติก 100 รายโดยใช้ CAR T-Cells

ริยาด ซาอุดีอาระเบีย, Oct. 31, 2023 (GLOBE NEWSWIRE) — ในก้าวใหม่ที่ทำให้ผู้ป่วยโรคมะเร็งได้รับความหวังอันริบหรี่และเส้นชีวิต King Faisal Specialist Hospital and Research Centre (KFSH&RC) ได้เฉลิมฉลองความสำเร็จในการรักษาผู้ป่วยรายที่ 100 ที่เป็นมะเร็งเม็ดเลือดขาวชนิดต่อมน้ำเหลืองโดยใช้การบำบัดด้วย Chimeric Antigen Receptor T-cell (CAR T-cell) การรักษานี้สอดคล้องกับวิสัยทัศน์ของ KFSH&RC ที่ต้องการเป็นทางเลือกที่ดีที่สุดสำหรับการดูแลสุขภาพเฉพาะทาง

การบำบัดด้วย CAR T-cell เป็นนวัตกรรมการรักษาที่ช่วยเพิ่มความสามารถของทีเซลล์ในการรับรู้และทำลายเซลล์มะเร็งหลังจากการดัดแปลงพันธุกรรมในห้องปฏิบัติการ เพื่อปรับปรุงความสามารถในการกำหนดเป้าหมาย วิธีการนี้เอาชนะความท้าทายในการแยกแยะระหว่างเซลล์มะเร็งและเซลล์ปกติ โดยเสนอวิธีการที่มีความหวังในการรักษามะเร็งเม็ดเลือดขาวชนิดต่อมน้ำเหลือง

KFSH&RC เน้นย้ำว่าเทคโนโลยีที่เป็นนวัตกรรมนี้ให้ความหวังแก่ผู้ป่วยมะเร็งเม็ดเลือดขาวและเนื้องอกของต่อมน้ำเหลืองที่ดื้อยา โดยเฉพาะอย่างยิ่งผู้ที่ไม่สามารถรักษาด้วยวิธีดั้งเดิมได้อย่างมีประสิทธิภาพ

ในฐานะที่ KFSH&RC เป็นพันธมิตรด้านการดูแลสุขภาพเชิงกลยุทธ์ องค์กรจึงกำลังแบ่งปันข้อมูลเกี่ยวกับการบำบัดด้วย CAR T-cell ผลกระทบเชิงบวกต่อการปรับปรุงการดูแลสุขภาพ ตลอดจนโซลูชันและนวัตกรรมด้านการดูแลสุขภาพต่าง ๆ ในระหว่างงาน Global Health Exhibition ที่จัดขึ้นในกรุงริยาด ตั้งแต่วันที่ 29 ถึง 31 ตุลาคม

โรงพยาบาล KFSH&RC อธิบายว่าการบำบัดขั้นสูงนี้ประกอบด้วย 4 ขั้นตอน คือ การแยกเลือดจากผู้ป่วยเพื่อให้ได้เซลล์เฉพาะ จากนั้นจึงดำเนินการดัดแปลงพันธุกรรมในห้องทดลองเป็นเวลา 3-4 สัปดาห์

ไม่นานก่อนการบำบัดด้วย CAR T-cell ผู้ป่วยจะได้รับเคมีบำบัดในปริมาณต่ำเพื่อเพิ่มประสิทธิภาพและความสามารถของร่างกายในการต่อสู้กับมะเร็ง หลังจากนั้นจะทำการ CAR T-cell เข้าไปในแขนของผู้ป่วย ซึ่งจะได้รับการติดตามอย่างใกล้ชิดเป็นเวลาสี่สัปดาห์เพื่อให้แน่ใจว่าร่างกายจะปรับตัวได้

การใช้การรักษาขั้นสูงนี้ในราชอาณาจักรถือเป็นการเสริมคุณภาพให้กับการรักษาพยาบาลเฉพาะทาง โดยช่วยลดภาระทางการเงิน ทางสังคม และทางสุขภาพในการส่งผู้ป่วยดังกล่าวไปต่างประเทศ ซึ่งสอดคล้องกับวิสัยทัศน์ Saudi Vision 2030 ของซาอุดีอาระเบียและวัตถุประสงค์ด้านการดูแลสุขภาพของประเทศ

King Faisal Specialist Hospital and Research Centre ได้รับการยอมรับทั่วโลกสำหรับการนำเสนอรูปแบบการรักษาขั้นสูงนี้ เนื่องจากโปรแกรมการรักษาที่ครอบคลุมซึ่งมีผู้เชี่ยวชาญทางการแพทย์ การพยาบาล เภสัชกรรม ห้องปฏิบัติการ และทางสังคม ซึ่งได้รับการสนับสนุนโดยโครงสร้างพื้นฐานแบบครบวงจร

KFSH&RC เป็นผู้นำระดับโลกในด้านการดูแลสุขภาพเฉพาะทาง นวัตกรรม การวิจัยขั้นสูง และการศึกษาทางการแพทย์ องค์มีจุดมุ่งหมายเพื่อพัฒนาเทคโนโลยีทางการแพทย์และยกระดับมาตรฐานการดูแลสุขภาพทั่วโลกผ่านการร่วมมือกับสถาบันชั้นนำทั้งในระดับท้องถิ่น ระดับภูมิภาค และระดับนานาชาติในสาขาทางคลินิก การวิจัย และการศึกษา

ข้อมูลการติดต่อ:
kfshrc@mcsaatchi.com

สามารถดูรูปภาพประกอบประกาศนี้ได้ที่ https://www.globenewswire.com/NewsRoom/AttachmentNg/9693817f-f8f6-4535-b14c-41f6801f16f7

GlobeNewswire Distribution ID 8969530

King Faisal Specialist Hospital and Research Centre มุ่งหวังที่จะบรรลุความพึ่งตนเองได้ในด้านเภสัชรังสีในราชอาณาจักร

ริยาด ซาอุดีอาระเบีย, Oct. 31, 2023 (GLOBE NEWSWIRE) — ในช่วงสี่ทศวรรษที่ผ่านมา แผนกไซโคลตรอนและเภสัชรังสีที่ King Faisal Specialist Hospital and Research Centre (KFSH&RC) ได้ตอบสนองความต้องการของศูนย์การแพทย์ในท้องถิ่นและระดับภูมิภาคสำหรับด้านเภสัชรังสีที่ใช้ในการวินิจฉัยและรักษาโรคเฉพาะทางต่าง ๆ

นับตั้งแต่ก่อตั้ง แผนกนี้ได้ผลิตเภสัชภัณฑ์รังสีมากกว่า 25 ประเภท โดยมีกำลังการผลิตในด้านการเตรียมการด้านเภสัชภัณฑ์รังสีมากกว่า 600,000 รายการ แผนกนี้ยังคงจัดหาผลิตภัณฑ์ให้กับศูนย์การแพทย์เฉพาะทางในซาอุดิอาระเบียมากกว่า 50 แห่ง โดยมีเป้าหมายเพื่อให้บรรลุถึงความพึ่งตนเองได้ในด้านเภสัชรังสีในราชอาณาจักรซาอุดีอาระเบียด้วย

KFSH&RC ได้ตอกย้ำถึงบทบาทบุกเบิกของแผนกเวชศาสตร์นิวเคลียร์ในระหว่างนิทรรศการ Global Health Exhibition ซึ่งได้เริ่มต้นขึ้นเมื่อวานนี้ในเมืองหลวงริยาด โดยโรงพยาบาลแห่งนี้ได้เข้าร่วมในฐานะพันธมิตรเชิงกลยุทธ์ด้านสุขภาพ ซึ่งรวมถึงการเพิ่มขีดความสามารถของผู้ให้บริการด้านสุขภาพทั้งในด้านการวิจัยและการศึกษา ตลอดจนการทำให้มั่นใจในคุณภาพในการผลิตและจำหน่ายเภสัชภัณฑ์รังสีไปยังโรงพยาบาลทั่วราชอาณาจักรและต่างประเทศ

แผนกไซโคลตรอนและเภสัชรังสีมีความมุ่งมั่นที่จะเป็นศูนย์วินิจฉัยและถ่ายภาพโมเลกุล และเป็นสถานที่แห่งแรกสำหรับเครื่องกำเนิดไฟฟ้า Technetium-99m (Tc-99m) ในราชอาณาจักร แผนกนี้ได้ดำเนินการวิจัยเพื่อพัฒนาเภสัชภัณฑ์รังสีคุณภาพสูงสำหรับ KFSH&RC และโรงพยาบาลอื่น ๆ ทั่วราชอาณาจักร เพื่อตอบสนองความต้องการด้านการรักษาพยาบาลของผู้ป่วย แผนกดังกล่าวได้ปฏิบัติตามมาตรฐานคุณภาพระดับสูงสำหรับการควบคุมคุณภาพและการประกันคุณภาพแบบอัตโนมัติ ในขณะเดียวกันก็มุ่งมั่นที่จะพัฒนาเทคโนโลยีไซโคลตรอน การผลิตเภสัชภัณฑ์รังสีที่แม่นยำ และการพัฒนาเภสัชภัณฑ์รังสีที่ใช้ในการตรวจเอกซเรย์ด้วยโพสิตรอน/เอกซเรย์ด้วยคอมพิวเตอร์ (PET/CT)

แผนกนี้เน้นย้ำด้านคุณภาพอย่างมีนัยสำคัญ โดยมีหน่วยควบคุมและจัดการคุณภาพผลิตภัณฑ์แบบบูรณาการ วัสดุการผลิตที่เป็นไปตามหลักปฏิบัติที่ดีในการผลิต (Good Manufacturing Practices หรือ GMP) มาตรฐานขององค์การอาหารและยาแห่งซาอุดิอาระเบีย (Saudi Food and Drug Authority หรือ SFDA) และมาตรฐานระบบการจัดการคุณภาพสากล ISO 9001 กระบวนการดำเนินงานทั้งหมดอยู่ภายใต้การเฝ้าสังเกตอย่างเข้มงวดเพื่อการประเมินวัสดุเป็นระยะ เพื่อให้มั่นใจว่ากระบวนการดังกล่าวมีความเหมาะสมอยู่ตลอดเวลา แนวทางนี้นำไปสู่อัตราความพึงพอใจของลูกค้าที่โดดเด่นมากเกินกว่า 95%

KFSH&RC ได้รับการยอมรับทั่วโลกในด้านการให้บริการดูแลสุขภาพเฉพาะทาง และเป็นผู้นำในด้านนวัตกรรม การวิจัยทางการแพทย์ขั้นสูง และการศึกษาทางการแพทย์ สถาบันมุ่งมั่นที่จะพัฒนาเทคโนโลยีทางการแพทย์และยกระดับมาตรฐานการดูแลสุขภาพทั่วโลก โดยร่วมมือกับองค์กรชั้นนำระดับท้องถิ่น ระดับภูมิภาค และระดับนานาชาติเพื่อให้บริการระดับโลกในด้านคลินิก การวิจัย และการศึกษา

ข้อมูลการติดต่อ:

kfshrc@mcsaatchi.com

สามารถดูรูปภาพประกอบประกาศนี้ได้ที่

https://www.globenewswire.com/NewsRoom/AttachmentNg/ad78d2ea-0d15-45ae-a3bd-cd25f7bf7ab9

https://www.globenewswire.com/NewsRoom/AttachmentNg/1d1f90e9-3a44-43cf-8812-af6760e2d0b2

GlobeNewswire Distribution ID 8969468

PM Hasina and GCA CEO meet ahead of COP28; commit to drive $1bn in climate finance in support of Mujib Climate Prosperity Plan

Dhaka, Bangladesh, Oct. 31, 2023 (GLOBE NEWSWIRE) — The Global Center on Adaptation CEO, Professor Patrick Verkooijen, concluded a high-level mission to Bangladesh with the following statement:

“I wish to thank Her Excellency Prime Minister Sheikh Hasina for her gracious hospitality and constructive discussions on the deep and longstanding partnership between GCA and the Government of Bangladesh to drive adaptation action. I come out of these discussions hugely impressed and inspired by the continued bold leadership of Bangladesh in reducing the threat of climate change for people in the most vulnerable communities.”

“With accelerating climate impacts, more investment for adaptation is vital. GCA is committed to leveraging its resources to work with the Government and its partners to design, finance, and implement adaptation solutions to sustain this path to prosperity. I want to especially highlight the strong commitment of the UK and Canada in making the upstream investments that enable GCA to drive forward the adaptation agenda rapidly and at scale.”

Bangladesh is on the frontline of a climate emergency that risks costing the country 7% of its GDP by 2030. The Government of Bangladesh spends an estimated US$1.2bn each year to finance adaptation needs. However, the financing needs identified in the government’s Mujib Climate Prosperity Plan (MCPP)  to address the threat of climate change exceed US$8.5bn each year.

In a meeting with Dr. AK Abdul Momen, Hon’ble Minister of Foreign Affairs, and member of the GCA Board, Professor Verkooijen outlined how GCA is supporting the government in unlocking adaptation finance by mainstreaming adaptation solutions into large scale investments to deliver a step-change in adaptation action. With support from the UK and Canada, GCA is working with partners including the Asian Development Bank, World Bank, IMF, and other International Financial Institutions (IFI) to design adaptation solutions, including nature-based solutions, into $1 billion of investments for coastal and urban communities in the most climate vulnerable regions with the goal of rapidly scaling this up further.

Minister Momen welcomed GCA’s support and emphasized the need to catalyze investment and to enable direct access to climate finance, noting: “Bangladesh grapples with increasing climate risks despite considerable investment of its own resources. Without greater funding climate change will undermine Bangladesh’s strong development trajectory and the poorest will be hardest hit. The Government of Bangladesh will continue to partner with GCA to achieve scale and speed for those living on the frontlines of the climate emergency in South Asia.”

Through the Global Hub on Locally Led Adaptation, supported under the UK Bangladesh Climate and Environment Programme, GCA is also facilitating the development of ‘People’s Adaptation Plans’ by using state of the art climate analytics to help local communities living in urban settlements understand projected climate risks and to design locally led adaptation investment solutions that can be financed and implemented by IFIs.

Speaking in the bilateral discussion, British Deputy High Commissioner Matt Cannell said: “Through our partnership with GCA, the UK Bangladesh Climate and Environment Programme is helping build resilience, protect biodiversity, and empower women and girls to ensure the most vulnerable communities are protected from climate change and can prosper in Bangladesh. This effort is a cornerstone of our efforts to support Bangladesh in making rapid progress towards harnessing climate-resilient solutions and to help implement the UK Bangladesh climate accord.”

During the visit, Professor Verkooijen also signed a memorandum of understanding (MOU) with the Infrastructure Development Company Limited (IDCOL) to provide technical assistance and capacity building support to mobilize significant climate adaptation financing for Bangladesh from the Green Climate Fund over the coming years. IDCOL is the first nationally accredited direct access entity of the Green Climate Fund (GCF) in Bangladesh.

GCA’s engagement through its regional office in Dhaka will soon be anchored by a new nature-based South Asia office to showcase climate adaptation within infrastructure, which was endorsed by Prime Minister Sheikh Hasina during the official visit.

Attachments

Alexandra Gee
Global Center on Adaptation
+447887804594
alex.gee@gca.org

GlobeNewswire Distribution ID 8969445

LambdaTest Unveils Intelligent UI Inspector to Streamline Mobile App Inspection

LambdaTest introduces an Intelligent UI Inspector in real device testing for streamlined interaction, and precise Xpath creation, with native and hybrid application support, transforming the landscape of quality assurance

San Francisco, Oct. 31, 2023 (GLOBE NEWSWIRE) — LambdaTest, a leading cloud-based unified testing platform has unveiled the Intelligent UI Inspector, a new tool tailored for Mobile Application developers and testers. The ‘Intelligent UI Inspector’ boasts several key features, emphasizing seamless interaction, reliability, and enhanced user experience.

The Intelligent UI Inspector presents an advanced interface for direct interaction and seamless inspection of various pages and elements within your application, avoiding the need to repetitively close and reopen the UI Inspector. This unified process not only simplifies usage but also expedites the inspection tasks, resulting in a more streamlined workflow.

Users now can create reliable, attribute-based, custom Xpaths for their automation scripts, enhancing the workflow and ensuring the precision of results. This streamlining of processes significantly reduces errors and elevates the accuracy of automation procedures, optimizing the operational workflow.

For hybrid applications, this tool enables the smooth inspection of web-view elements, offering a comprehensive view. In addition, it simplifies the process of relaunching for developer applications with multiple environments by providing a convenient one-click relaunch feature. The Intelligent UI Inspector ensures an enhanced user experience through an intuitive and user-centric interface, aligning with the requirement for a more user-friendly and straightforward experience for all its functionalities.

Mayank Bhola, Co-Founder and Head of Product at LambdaTest, said “The introduction of our Intelligent UI Inspector is a step toward further enhancing the testing experience for our Real Device users. By optimizing workflows and prioritizing precision, the objective is to empower businesses to elevate their product quality and streamline their testing processes with confidence. By swiftly identifying and resolving UI issues, ensuring a consistent, responsive, and visually appealing interface UI Inspector serves as a pivotal tool for businesses to deliver a flawless user experience to their customers.”

For more information on LambdaTest’s Real Device Cloud, visit https://www.lambdatest.com/real-device-cloud

About LambdaTest
LambdaTest is an intelligent and omnichannel enterprise execution environment that helps businesses drastically reduce time to market through Just in Time Test Orchestration (JITTO),  ensuring quality releases and accelerated digital transformation. Over 10,000+ enterprise customers and 2+ million users across 130+ countries rely on LambdaTest for their testing needs.

● Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, real devices, and operating system environments.

● HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut down on quality test time, helping developers build software faster.

For more information, please visit, https://lambdatest.com

LambdaTest press office: press@lambdatest.com

GlobeNewswire Distribution ID 8969366

Calabria, €1.5 Billion for sustainable and digital transition from Confindustria and Intesa Sanpaolo

REGGIO CALABRIA, Italy, Oct. 31, 2023 (GLOBE NEWSWIRE) — It is essential to enhance the potential of Southern Italy, which represents the seventh European region in the manufacturing sector and hosts a quarter of the country’s supply chains. Confindustria and Intesa Sanpaolo share this need and provide concrete solutions for the new needs of Calabrian SMEs.”

With this premise, Stefano Barrese, Head of the Banca dei Territori Division at Intesa Sanpaolo, commented on the regional implementation of the renewed agreement between Confindustria and Intesa Sanpaolo in Reggio Calabria, during a meeting that highlighted the economic prospects of the region and the growth drivers. The national protocol strengthens the collaboration between the association representing manufacturing and service companies and Italy’s leading banking group, in a changing context that emphasises sustainability, energy transition, and the digitalisation of SMEs. The agreement allocates €1.5 billion to Calabrian businesses, within the €150 billion national ceiling.

“The renewed agreement with Confindustria,” Barrese stated, “aims to ensure unified support and the necessary financial backing to implement growth, innovation, and energy transition plans with a focus on sustainability. Our overall commitment is to provide medium to long-term disbursements of over €410 billion over the course of the NRRP (National Recovery and Resilience Plan), of which €120 billion is allocated to SMEs.”

The Calabria region needs to overcome, at least partially, its digital and innovation lag, where it ranks among the lowest in Italy. This was revealed in a recent survey conducted on Intesa Sanpaolo’s territorial network, involving over 120 operators active in Calabria. Key issues include investments in renewable sources, streamlining production processes, optimising energy supply contracts, strengthening supply chain relationships, digitalisation, and human capital. Human capital is a central issue: every year, Calabria loses young graduates who seek employment in other Italian regions or abroad.

Emanuele Orsini, Vice President for Credit, Finance, and Taxation at Confindustria, confirmed that “the economic outlook is slowing significantly. Investments are crucial to address and complete the ongoing sustainable and digital transition. The partnership between Intesa Sanpaolo and Confindustria is essential.” Intesa Sanpaolo and Confindustria have been collaborating since 2009. They have signed a series of agreements aimed at a broad industrial policy vision, with the goal of making finance and credit strategic components in service of the entrepreneurial world.

For more information:
Press Office LaPresse ufficio.stampa@lapresse.it

A video accompanying this press release is available at the following link:
https://www.globenewswire.com/NewsRoom/AttachmentNg/517b2da1-2fb1-4bc9-a228-95de4ef8d01c

GlobeNewswire Distribution ID 8969379

The Metals Company Releases Second Annual Impact Report

Advancing deep-sea knowledge

In 2022, TMC spent 146 days at sea at the NORI-D site with world-leading scientists and expert industry contractors to assess the full environmental impacts of nodule collection.

  • TMC’s second annual Impact Report outlines the Company’s vision to create a carefully managed, reusable metal commons, starting with unlocking the planet’s largest undeveloped source of battery metals, as the world seeks to address the climate crisis
  • The Company outlines its impacts to date as well as the anticipated impacts and mitigation measures for the collection of polymetallic nodules from the Clarion Clipperton Zone (CCZ) of the Pacific Ocean
  • In addition to providing operational and environmental program details, the report breaks down TMC’s governance and stakeholder engagement, the regulatory context surrounding the nodule collection industry in international waters and the Company’s relationships with its Pacific Island sponsoring states: Nauru, Tonga and Kiribati

NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “The Metals Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today released its second annual Impact Report detailing the Company’s past, present and expected future ESG impacts, while providing insight into the drivers of its efforts to collect nodules from the CCZ including the global scramble to meet an estimated six-fold increase in the production of metals required for the energy transition.

Gerard Barron, CEO & Chairman of The Metals Company, said: “We seek to create a carefully managed metal commons that is used, recovered, and reused for generations to come, with the same metal stocks serving humankind through countless cycles of technological ingenuity. But to get there, unprecedented quantities of critical minerals will need to be mined in the coming decades. With our second Impact Report, we detail how we can responsibly tap the planet’s largest source of key battery materials to supply the energy transition while minimizing its environmental, climate and social impacts. We introduce our Sustainability Approach and outline our efforts to integrate ESG principles into our strategy before operations begin. As we work toward submitting what we expect will be the world’s first application to collect nodules from the Clarion Clipperton Zone on a commercial scale, I am proud to have this comprehensive road map to keep TMC on mission.”

Erica Ocampo, TMC’s Chief Sustainability Officer, said: “ESG disclosures are a key tool to enable transparency. In addition to reporting our own ESG impacts before we start commercial operations, we are committed to promoting ESG thinking across this industry from the outset. That’s why we’ve joined a broad international consortium to develop ESG disclosure guidance of the material topics associated with marine mineral projects, a key step toward establishing a comprehensive ESG disclosure standard for this industry. We have knowledgeable partners and strong stakeholder engagement to assist us and we’re confident that through our pioneering NORI project we can set a high bar for this industry to responsibly bring to market the energy transition metals that society needs.”

TMC’s 2022 Impact Report, which can be read here, focusses on:

ENVIRONMENTAL
Data collection and sharing for the NORI-D Project environmental impact assessment (EIA): TMC and its subsidiary NORI spent 146 days at sea with world-leading scientists at the NORI-D site in 2022 working toward the completion of our environmental baseline assessment, monitoring program, and post-test-mining impact studies.

Peer-reviewed research: Data collected from the NORI-D site has served as the basis for five peer-reviewed papers completed in 2022, while TMC employees have contributed to three peer-reviewed papers (on lifecycle waste generation, ethical considerations, and visioning a framework for effective environmental management for deep-sea nodule collection).

NORI-D Project comparative lifecycle assessment: TMC commissioned leading lithium-ion battery supply chain research firm, Benchmark Mineral Intelligence, for an independent, third-party lifecycle assessment of the environmental impacts of its NORI Area D Nodule Project, comparing the production of key energy transition metals (nickel, cobalt and copper) from polymetallic nodules to key land-based production routes for the same metals. Benchmark’s LCA shows the NORI-D Project model performed better in almost every impact category analyzed than all the land-based routes analyzed.

Safe operating parameters for deep-sea nodule collection: TMC engaged a CSIRO-led consortium to develop a science-based framework to assist NORI in developing an ecosystem-based environmental management and monitoring plan (EMMP) to enable the company to minimize adverse impacts in the marine operating environment.

Operational visibility for stakeholders: In collaboration with Kongsberg Digital, TMC deployed a prototype of its Digital Twin during test mining conducted by NORI in 2022. The Digital Twin will integrate multiple data streams from TMC’s future production system and will enable 3D visualization of its deep-sea operating environment, providing ‘eyes and ears’ to the regulator and stakeholders, and will form a core part of its wider Adaptive Management System which is designed to utilize the AI and hybrid machine learning capabilities of the Digital Twin with expert analysis to ensure operations remain within environmental impact thresholds.

Our manganese silicate product’s downstream carbon impacts: TMC commissioned SINTEF, one of Europe’s largest independent research institutions, to characterize the properties of our intermediate manganese silicate product when used to produce silicomanganese alloys rather than conventional medium-grade manganese ores. SINTEF found that, compared to conventional ores, our product appears to have significant downstream advantages in terms of cost and CO2 footprint and the potential for 7 to 17% higher value-in-use depending on the carbon tax regime.

SOCIAL
Public stakeholder consultation program to scope a Social Impact Assessment (SIA) for the NORI-D Project: As part of its SIA to determine the potential socio-economic contributions of its NORI-D project, TMC subsidiary NORI conducted a broad consultation program to engage stakeholders in the development of a framework to measure and monitor its social performance.

STEM talent pipeline: TMC’s subsidiaries NORI and TOML sponsored 24 scholarships at the University of the South Pacific (USP) in environmental sciences and marine management, as well as additional offshore training opportunities.

Global stakeholder engagement: NORI provided responses to over 600 comments on the environmental impact statement (EIS) for NORI’s 2022 collector system trial in the CCZ.

GOVERNANCE
Our path to deliver net positive impacts: TMC completed a materiality assessment and developed sustainability goals. These goals are being publicly released along with its 2022 Impact Report to inform a broad dialogue with stakeholders about how TMC intends to operate and the feedback from this process will bring valuable insights to refine and finalize a robust set of sustainability targets and KPIs, to be published early next year.

The first environmental, social, and governance (ESG) handbook for marine minerals: TMC announced that it had joined a broad international consortium to develop a marine minerals ESG disclosure handbook. The purpose of the guidance document is to enable consistent ESG disclosures for material topics of marine mineral projects using a standardized approach.

Commitment to healthy and productive oceans: TMC joined the Ocean Stewardship Coalition to formalize our contribution to the Blue Economy and UN Sustainable Development Goals.

TMC’s 2022 Impact Report was prepared using the Global Reporting Initiative (GRI) Standards as guidance. In addition to GRI, the report references additional frameworks, such as Task Force on Climate-related Financial Disclosures, the Task Force on Nature-related Financial Disclosures and Sustainability Accounting Standards Board for the metals and mining sector in addition to the marine transportation sector. This report also serves as a complement to TMC’s U.N. Global Compact Communication of Progress for 2022 and illustrates our contribution to the Ocean Stewardship Principles.

To access TMC’s 2022 Impact Report, click here.

About The Metals Company

The Metals Company is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the global energy transition with the least possible negative impacts on planet and people and (2) trace, recover and recycle the metals we supply to help create a metal commons that can be used in perpetuity. The Company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga.

More information is available at www.metals.co.

More Info 
Media | media@metals.co
Investors | investors@metals.co

Forward Looking Statements

This press release contains “forward-looking” statements and information within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “aims,” “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will” and variations of these words or similar expressions, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements concerning: the timing, terms and size, including the expected proceeds from, of the Registered Offering and the expected additional closings in the Registered Offering. The Company may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements as a result of various factors, including, among other things: the Company’s ability to satisfy the closing conditions in the securities purchase agreement; the risk that the investors will not exercise the warrants issued or issuable as part of the Registered Offering; the Company’s ability to access additional funds under the unsecured credit facility, the ATM or otherwise; the Company’s strategies and future financial performance; the International Seabed Authority’s (“ISA”) ability to timely adopt the Mining Code and/or willingness to review and/or approve a plan of work for exploitation under the United Nations Convention on the Laws of the Sea (UNCLOS); the Company’s ability to obtain exploitation contracts or approved plans of work for exploitation for its areas in the Clarion Clipperton Zone; regulatory uncertainties and the impact of government regulation and political instability on the Company’s resource activities; changes to any of the laws, rules, regulations or policies to which the Company is subject, including the terms of the final Mining Code, if any, adopted by ISA and the potential timing thereof; the impact of extensive and costly environmental requirements on the Company’s operations; environmental liabilities; the impact of polymetallic nodule collection on biodiversity in the Clarion Clipperton Zone and recovery rates of impacted ecosystems; the Company’s ability to develop minerals in sufficient grade or quantities to justify commercial operations; the lack of development of seafloor polymetallic nodule deposit; the Company’s ability to successfully enter into binding agreements with Allseas Group S.A. and other parties in which it is in discussions, if any; uncertainty in the estimates for mineral resource calculations from certain contract areas and for the grade and quality of polymetallic nodule deposits; risks associated with natural hazards; uncertainty with respect to the specialized treatment and processing of polymetallic nodules that the Company may recover; risks associated with collective, development and processing operations, including with respect to the development of onshore processing capabilities and capacity and Allseas Group S.A.’s expected development efforts with respect to the Project Zero offshore system; the Company’s dependence on Allseas Group S.A.; fluctuations in transportation costs; fluctuations in metals prices; testing and manufacturing of equipment; risks associated with the Company’s limited operating history, limited cash resources and need for additional financing; risks associated with the Company’s intellectual property; Low Carbon Royalties’ limited operating history and other risks and uncertainties, any of which could cause the Company’s actual results to differ from those contained in the forward-looking statements, that are described in greater detail in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the SEC on March 27, 2023, as updated in our Quarterly Report on Form 10-Q filed with the SEC on August 14, 2023, as well as in other filings the Company may make with the SEC in the future. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company expressly disclaims any obligation to update any forward-looking statements contained herein, whether because of any new information, future events, changed circumstances or otherwise, except as otherwise required by law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5023a17a-5939-4b6b-ad72-985a58bc3c23

GlobeNewswire Distribution ID 8969347

Tomorrow.Blue Economy explores an ocean of opportunities for a sustainable future

Speaker panel during the first edition of Tomorrow.Blue Economy
Tomorrow_BlueEconomy_Panel_Session

Speaker panel during the first edition of Tomorrow.Blue Economy in 2022.

BARCELONA, Spain, Oct. 31, 2023 (GLOBE NEWSWIRE) — Promoting and developing the potential of the blue economy and encouraging the preservation of marine and ocean resources as an engine for economic growth, this is the aim of Tomorrow.Blue Economy (TBE), an event that will gather international experts from 7 to 9 November at Fira de Barcelona’s Gran Via venue to seize the opportunities and challenges of this sector, key for the future of the planet.

Organized by Fira de Barcelona, the Barcelona City Council through Barcelona Activa; Port of Barcelona; the World Ocean Council (WOC), the leading international business organization in the field of sustainable maritime economy; and Smart Ports: Piers of the Future, an alliance comprised of the Ports of Antwerp-Bruges, Barcelona, Busan, Gothenburg, Hamburg, Los Angeles, Montreal and Rotterdam to promote the digital and sustainable transformation of ports, will highlight the potential of the responsible use of ocean resources.

In its second edition, TBE will gather experts, scientists, companies, start-ups and institutions to share solutions and experiences to advance along this path based on innovation, in an interdisciplinary approach and through public-private collaboration. The program will address topics such as climate change, finance, offshore energy, water management, biodiversity, green shipping, smart ports, recreational boating, tourism and careers in the blue economy sector.

Among the speakers feature Aurora Catà, Vice-president, America’s Cup Events Barcelona; Michael DiBernardo, Deputy Executive Director Marketing and Customer Relations, Port of Los Angeles; Vasileios Latinos, Head of Climate Resilience and Adaptation, ICLEI’s European Secretariat; Jens Meier, Chief Executive Officer, Hamburg Port Authority; Lluís Salvadó, President of the Port of Barcelona; Jordi Valls, Deputy Mayor for Economy, Tax, Economic Promotion and Tourism; and Erwin Verstraelen, Chief Digital & Innovation Officer, Port of Antwerp-Bruges.

According to the United Nations, the blue economy is estimated to contribute US $1.5 trillion to the global economy, it generates over 30 million jobs and supplies a vital source of protein to over three billion people. In addition, a report by the OECD forecasts that the ocean economy may double in size to $3 trillion by 2030.

Tomorrow.Blue Economy, Tomorrow.Mobility, Tomorrow.Building and PUZZLE X are held alongside Smart City Expo World Congress, the world’s largest event on cities and urban innovation. All the events together are expected to gather more than 1,000 exhibitors, over 800 cities and 140 countries, and 600 speakers.

For media requests please contact:

Salvador Bilurbina
email: sbilurbina@firabarcelona.com
phone: +34628162674

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d6e13a8e-daa9-4980-9fd0-64cf263c0f12

GlobeNewswire Distribution ID 1000896881