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SUNeVision Won UNSDG Achievement Awards Hong Kong 2024 – Sustainable Organisation Merit Award

Excelling in Green Business Practices in line with United Nations Sustainable Development Goals


HONG KONG SAR – Media OutReach Newswire – 13 August 2024 – SUNeVision Holdings Ltd. (“SUNeVision”; SEHK: 1686), the number one data centre provider and connectivity hub in Hong Kong, has been honoured with the Sustainable Organisation Merit Award in the UNSDG Achievement Awards Hong Kong 2024 organised by the Green Council, making it the sole data centre operator to receive the award. SUNeVision is pleased to be awarded for the second consecutive year, and this recognition is a testament to the company’s unwavering commitment and remarkable achievements in driving sustainable business practices, making a positive societal impact, and promoting environmental stewardship.

SUNeVision’s representative (left) received the UNSDG Achievement Awards Hong Kong 2024 – Sustainable Organisation Merit Award at the award ceremony.
SUNeVision’s representative (left) received the UNSDG Achievement Awards Hong Kong 2024 – Sustainable Organisation Merit Award at the award ceremony.

The UNSDG Achievement Awards Hong Kong aims to recognise organisations with exceptional performance in the areas of business practices and sustainability projects that align with the United Nations Sustainable Development Goals (UNSDGs) adopted by all United Nations Member States in 2015. By embracing the UNSDGs as a guiding framework in SUNeVision’s business values, operations and organisational culture, the company strives to build a more inclusive, equitable and sustainable world for future generations. SUNeVision showcases its dedication to creating long-term values for customers, employees, stakeholders, and society at large through a sustainable and socially responsible approach.

In line with the Environmental, Social and Governance (ESG) goals, SUNeVision has integrated sustainable practices into its expanding portfolio of eight data centre campuses. This commitment extends throughout the decision-making process across the entire lifecycle, from initial concept through to construction and operations, with an emphasis on responsible corporate strategies and state-of-the-art technologies. The company has implemented multifaceted measures to optimise efficiency and reduce carbon footprint, including utilising energy-efficient technologies, generating renewable energy through installation of solar panels, driving sustainable initiatives such as application of iPaint radiative cooling paint, as well as advocating ethical and responsible supply chain. To support the development of green technology and green finance, the company has signed an agreement with HSBC for its first sustainability-linked loan (SLL), further solidifying its commitment to incorporating environmental and social considerations into its financial structures.

SUNeVision has consistently maintained a leading position in ESG arena, and its efforts have been widely recognised globally. The company has attained an “A” in the latest MSCI ESG Ratings in 2024, acknowledging its robust corporate governance practices and dedication to sustainable development and social responsibility. The MSCI ESG Ratings are designed to assess a company’s management of financially relevant ESG risks and opportunities. The achievement validates SUNeVision’s diligent cultivation and relentless pursuit in ESG.

In addition to corporate-level distinction, the world-class facilities on MEGA Campus have already obtained several green building certifications. The hyperscale data centres, MEGA IDC, MEGA Gateway, and MEGA Plus, have achieved LEED Gold certification awarded by the U.S. Green Building Council (USGBC), demonstrating the environmentally responsible design and construction, and highlighting the energy-efficient solutions implemented within the facilities. Furthermore, the globally recognised carrier-dense interconnection hub, MEGA-i, along with MEGA Plus and MEGA Two, have received the highest level of certification, Excellent grade in Management, under the BEAM Plus Existing Buildings V2.0 Selective Scheme issued by the Hong Kong Green Building Council (HKGBC). These certifications underscore SUNeVision’s persistence in building green data centres that balance between efficiency and environmental impact.

Helen Lo, Director of Commercial at SUNeVision, said, “We are delighted to receive this prestigious UNSDG award. It is a testament to our ongoing efforts and firm commitment to ingrain sustainable practices into every aspect of our business. Our data centres, from the well-established MEGA-i to the newly constructed MEGA IDC, are all built with high environmental standards in mind. Our vision for SUNeVision is to power the sustainable future by providing greener and more energy-efficient solutions to support the sustainability journey of our customers and make a lasting positive impact on the broader technology ecosystem. Going forward, we will continue to harness the power of green technology to create a sustainable and inclusive world, with the goal of establishing Hong Kong as the city of smart green buildings.”
Hashtag: #SUNeVision

The issuer is solely responsible for the content of this announcement.

About SUNeVision

SUNeVision (SEHK: 1686), the technology arm of Sun Hung Kai Properties (SEHK: 0016), is the largest data centre provider in Hong Kong. We provide industry-leading carrier and cloud-neutral data centre services with Asia’s number one connectivity. We connect providers of telecommunications, cloud, ISP, CDN, OTT from local, mainland China and global with enterprises of different businesses on our Asia leading data centre ecosystem.

SUNeVision forms MEGA Campus by extending the connectivity edge from highly connected MEGA-i to other high-tier data centres, including MEGA Gateway, MEGA IDC, MEGA Plus and MEGA Two. Facilities on MEGA Campus are interconnected through a dedicated dark fibre network and around 15,000 cross-connects. Together with City PoPs of major submarine cables in our facilities, we enable our customers for direct connections to multi-cloud platforms and multi-cloud exchanges with the best connectivity in town. The addition of cable landing stations HKIS-1 and HKIS-2 to our data centre portfolio will provide a one-stop-solution to cable owners and users, strengthening our position as the leading connectivity hub in Asia. We are committed to supporting Hong Kong as a regional information hub and a strategic gateway to mainland China.

For more information, please visit SUNeVision’s , or .

Woodside Energy Chief Executive Officer (CEO) Meg O’Neill Announced as ‘Energy Person of the Year’

Woodside Energy CEO Meg O’Neill has been recognized by the African Energy Chamber for her unwavering commitment to harnessing Africa’s oil and gas resources for inclusive growth

JOHANNESBURG, SOUTH AFRICA – EQS Newswire – 13 August 2024 – The African Energy Chamber (AEC) – as the voice of Africa’s energy sector – is honored to announce Meg O’Neill, CEO and Managing Director of Woodside Energy, as “Energy Person of the Year.” The award recognizes O’Neill’s nearly three decades of experience in the global oil and gas industry and her unwavering commitment to ensuring a just African energy transition, which has resulted in exceptional project delivery and multi-billion-dollar investments in Africa’s oil and gas resources.

O’Neill will receive the award at African Energy Week: Invest in African Energy 2024 – the AEC’s annual event and the official meeting place for Africa’s energy industry – taking place in Cape Town on November 4-8. The award is given to individuals who have made substantial contributions to the African energy sector and advocated for a more inclusive industry. O’Neill is the first non-African to receive the award, with previous awardees including the late Namibian President Hage Geingob (2023) and President and Chairman of the Board of Directors of the African Export-Import Bank Benedict Oramah (2022).

Initially drawn to the oil and gas industry by her interest in travel, O’Neill launched a 23-year career with ExxonMobil, where she held senior leadership roles in ExxonMobil’s Production Company in Indonesia, Norway and Canada, as well as served as Vice President, Africa for ExxonMobil Development Company, responsible for the company’s major projects in Angola, Nigeria, Tanzania and Mozambique. In May 2018, O’Neill moved to Perth to join Woodside as COO in May 2018 and was appointed CEO and Managing Director in August 2021, owing to her bold vision and proven leadership capabilities. O’Neill holds two degrees in Chemical Engineering and Ocean Engineering and a Master’s in Ocean Systems Management from the Massachusetts Institute of Technology.

Under O’Neill’s leadership, Woodside Energy achieved a historic milestone with the production of first oil from its Sangomar Field Development earlier this year, ushering in a new era of hydrocarbon sector growth in Senegal as the country’s first offshore oil project. O’Neill expertly led the timely execution of the project’s first phase through a period of unprecedented global challenges and above-ground risk, including the COVID-19 pandemic and resultant market instability. As operator, Woodside worked closely with all contractors to maximize local content benefits, as well as with the government of Senegal in promoting in-country value addition and championing an inclusive oil and gas industry. According to Woodside, the subsea installation of the project’s FPSO vessel was supported from Dakar and logistical supply services were provided by local businesses.

O’Neill is also responsible for driving Woodside’s expansion across the continent and to Namibia, where the Australian exploration and production company is currently finalizing a farm-in agreement to Petroleum Exploration License 87 in the deepwater Orange Basin. Initial interpretation of 3D seismic data, as well as additional discoveries by Galp in the nearby Mopane Complex, have supported the prospectivity of the acreage and placed Woodside on the precipice of future drilling activity.

Woodside’s commitments come at a time when global investors are shying away from new fossil fuel projects, resulting in stalled projects and a lack of new investment in Africa’s most prospective upstream markets. In sharp contrast, Woodside has advanced multi-billion-dollar deepwater projects and answered Africa’s call for investment in its untapped oil and gas resources, while still outlining a balanced energy transition strategy. In a recent interview, O’Neill stated that industry leaders must “stand for things that matter… There are moments when you will be tested, but acting with integrity and doing what’s right will always serve you and your team well.” The Chamber strongly believes that African energy markets not only need, but deserve this level of courageous, no-holds-barred leadership from IOC heads.

“Meg O’Neill has been able to lead and define a company that tells African countries, ‘If you have the resources and the enabling environment, then we will commit.’ Senegal sought investment in its offshore hydrocarbon resources, and Woodside answered with a $5-billion deepwater oil project. Namibia established a strong foundation of stable governance and attractive fiscal terms, and Woodside farmed into a highly prospective petroleum play. As the head of a major IOC, O’Neill has made Africa a strategic priority and is a true champion of the sector, making good on her promise to double down on investment and elevate the industry to new heights,” says NJ Ayuk, Executive Chairman of the AEC.

In addition to leveraging world-class technical capabilities, O’Neill is a strong supporter of social impact projects, with a focus on empowering women in the oil and gas industry. In 2023, the company made nearly $22 million in social contributions globally. Affirming its commitment to gender-based diversity and inclusion, Woodside Energy leads a “STEM in Schools” program to promote STEM subjects to youth and open up the eyes of girls and young women to careers in the energy sector.

On the local content side, O’Neill has mandated that all the company’s projects comprise a robust local content practice of hiring, training and developing African and national capacities. This is clear through the Sangomar project where increased local content expenditure has been the strongest of any oil project on the continent. Local content was a key part of the project as well as directing a lot of money towards the training and development of young people in Senegal.

Additionally, O’Neill ensured the financing of a lot of initiatives in the field of technology, and as such, a lot of people working on Sangomar’s FPSO were Senegalese. This all came from training initiated from the get-go. O’Neill has also spent a lot of money on empowering local vendors and service providers while training and developing Senegalese nationals to lead the Sangomar project. A lot of people were taken to Australia for training and they are now leading the project in Senegal. This is historic for an oil project in the country. O’Neill has essentially created the blueprint for developing an oil project while at the same time increasing local capacity.

In 2023, Former Namibian President Hage Geingob was honored for his bold and instrumental contributions to Namibia’s regulatory environment, which resulted in five major hydrocarbon discoveries in two years and large-scale projects across green hydrogen, mining and infrastructure sectors. In 2022, President and Chairman of the Board of Directors of the African Export-Import Bank Benedict Oramah was recognized for advocating for a just and inclusive African energy transition, building the investment case for African oil and gas, de-risking transactions and raising access to private capital.

Download image: https://apo-opa.co/3YJJDN0

Hashtag: #AfricanEnergyChamber

The issuer is solely responsible for the content of this announcement.

About African Energy Week (AEW):

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event.

Vision International Changed Name to Ficus Technology


HONG KONG SAR – Media OutReach Newswire – 12 August 2024 – Ficus Technology Holdings Limited (“Ficus Technology“, the “Company” and its subsidiaries, together, the “Group“, stock code: 8107) announced the change of name of the Company from ”Vision International Holdings Limited” to ”Ficus Technology Holdings Limited” on 8 August 2024 to reflect the future strategic positioning and business development of the Gorup.

The imagery of the Ficus tree resonates with the development strategies of the Group: (i) the Ficus tree’s robust roots and branches stand tall, standing alone like a forest and remaining evergreen throughout the year, allowing it to thrive in diverse conditions. This symbolises the Group’s resilience and ability to grow in various market environments; and (ii) the Ficus tree can rapidly grow and spread widely within a short time. This represents the Group’s potential for rapid growth and expansion. Further, the term “Technology” indicates the Group’s commitment to continuously develop its innovative supply chain management solutions, which is believed to be a new engine of the Group.

Mr. Chan Ting, Chairman and Executive Director of Ficus Technology, said, “As the company completes its name change, we are standing at a new starting point and facing future challenges and opportunities with a brand-new image. This step is not just a simple name change; it indicates that we will move towards a broader market with clear direction and strong determination. This will not only be beneficial to the current and future business expansion and brand building of the Company, but also create more value for investors, employees and partners. We look forward to unveiling this new chapter of the Company.”

Hashtag: #FicusTechnology

The issuer is solely responsible for the content of this announcement.

Ficus Technology Holdings Limited

Ficus Technology Holdings Limited is a well-established supply chain management (“SCM”) services provider based in Hong Kong, which business expanded to China and Overseas. The Group has developed a vertically integrated business model with services ranging across market trend analysis, product design and development, sourcing of suppliers, production management, logistics services and quality control. In order to enhance the Group’s competitiveness in the market, the Group had advanced its supply chain management service to include anti-counterfeit, traceability and marketing functions. The Group’s services may have a wide range of application scenarios, such as apparel, food, cinema, sports and other industries.

First Recipients of ASEAN-UK SAGE Women in STEM Scholarships Announced: Boosting Gender Equality in STEM


JAKARTA, INDONESIA – Media OutReach Newswire – 12 August 2024 – The UK today announced the first recipients of its ASEAN-UK SAGE Women in STEM Scholarships, awarded under the ASEAN-UK Supporting the Advancement of Girls’ Education (SAGE) Programme. Launched earlier this year, this new scholarship scheme aims to address gender disparities in access to science, technology, engineering, and mathematics (STEM) education and careers across ASEAN countries and Timor-Leste.

After a highly competitive selection process which saw hundreds of students from across all ten ASEAN countries and Timor-Leste apply, the UK is delighted to recognise 10 outstanding women as our first successful scholars. These talented individuals share a passion and vision to make a difference through STEM, a field where women are traditionally underrepresented. Women account for only 29.2% of the STEM workforce globally, despite representing almost half of the non-STEM employment sector (World Economic Forum).

Each recipient will receive a fully funded opportunity to complete a master’s degree at one of two prestigious Universities in the UK: the University of Warwick and Imperial College London. They will be travelling to the UK to take up their studies from September 2024. We hope that these scholars will go on to have successful careers in STEM, and to become inspirational role models to other women, as advocates and leaders in their field.

Scholarship Recipients (2024)

The first recipients of ASEAN-UK SAGE Women in STEM Scholarship recipients are:

  • Chou I, Heng (Cambodia) – MSc Analytical Sciences and Instrumentation, University of Warwick
  • Alvi, Nava (Indonesia) – MSc Environmental Technology, Imperial College London
  • Ng, Charlene (Malaysia) – MSc Computer Science, University of Warwick
  • Thet, Win Nandar (Myanmar) – MSc Humanitarian Engineering with Sustainability, University of Warwick
  • Onglao, Maria Andrea Kristina (the Philippines) – MSc Environmental Data Science and Machine Learning, Imperial College London
  • Mohd Rafiq, Nafisah (Singapore) – MSc Environmental Technology, Imperial College London
  • Yoswaris, Punnapa (Thailand) – MSc Climate Change, Management and Finance, Imperial College London
  • Lam, Ngoc Ngan (Vietnam) – MSc Interdisciplinary Biomedical Research, University of Warwick
  • Nguyen, Ha Phuong Thao (Vietnam) – MSc Engineering Business Management, University of Warwick
  • Guterres de Sa Benevides, Dirce Maria Jose (Timor-Leste) – MSc Engineering Business Management, University of Warwick

These outstanding scholars were selected from a pool of high calibre applicants, based on their academic achievements, leadership potential, and dedication to make significant contributions to the STEM field.

The ASEAN-UK SAGE Programme is the UK’s flagship education programme in ASEAN, aiming to improve foundational learning outcomes in basic literacy and numeracy, support girls and marginalised groups to access education, and to break down gender barriers to digital skills and employment, thus empowering young women to flourish to their full potential.

The scholarships have been developed by the British Council and are funded by the UK Government through the ASEAN-UK SAGE Programme.

Secretary-General of ASEAN, H. E. Dr. Kao Kim Hourn said:

“This scholarship programme underscores the UK and ASEAN’s shared commitment to gender equality and female empowerment in STEM. By supporting girls and marginalised communities in accessing education and improving foundational learning, we aim to bridge the gender gap and foster a more inclusive and innovative future. ASEAN is pleased with the positive outcomes from the ASEAN-UK SAGE Programme, which aims to enhance collaboration and mutual benefits between the regions.”

Ambassador of the UK to ASEAN, H. E. Sarah Tiffin said:

“As an ASEAN Dialogue Partner, the UK is committed to advancing girls’ education across ASEAN region through the SAGE programme, ensuring equitable access to quality education for all girls. We are excited to offer this great opportunity to our new scholars. Their talent and dedication is inspirational, and we look forward to seeing how they will shape the future of STEM in ASEAN after studying at the UK’s world-class universities.”

Summer Xia, Director Southeast Asia, British Council said:

“We are immensely proud of these women and their accomplishments. As the lead implementation partner of the ASEAN-UK SAGE Programme, the British Council is honoured to support the educational journey of these outstanding scholars. We believe their success stories and future contribution will be invaluable to the advancement of STEM disciplines and inspire many more women and girls to follow in their footsteps.”

ASEAN-UK SAGE Women in STEM Scholarships were open to women from all ASEAN Member States (AMS); Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Viet Nam, as well as Timor-Leste.

The ASEAN-UK SAGE Women in STEM Scholarships contribute to furthering the goals set out in the ASEAN Socio-Cultural Community Blueprint 2025, the United Nations Sustainable Development Goals (4, 10 and 17), and ASEAN-UK Plan of Action 2022–2026 particularly in strengthening engagement between UK and ASEAN education institutions, staff, and students through scholarship initiatives.

For more information on the ASEAN-UK SAGE Women in STEM Scholarships, please visit: https://www.britishcouncil.id/en/programmes/education/sage

For further information on the ASEAN-UK SAGE Women in STEM Scholarships, please contact:

UniPrayuti.Prayuti@britishcouncil.org

Panisara.Paireepinath@britishcouncil.org

Note for editors: background info on ASEAN-UK SAGE Programme

The ASEAN-UK Supporting the Advancement of Girls’ Education Programme or ASEAN-UK SAGE Programme is a five-year UK Foreign, Commonwealth & Development Office (FCDO) funded programme for ASEAN and Timor-Leste running between 2023 and 2028 with funding up to GBP 30 million.

The ASEAN-UK SAGE Programme was officially announced in May 2023 at the Education World Forum (EWF) in London.

The ASEAN-UK SAGE Programme supports better education outcomes for women and girls and marginalised groups. It supports delivery of the ASEAN Work Plan on Education 2021 – 2025, the Initiative for ASEAN Integration (IAI) Work Plan IV 2021 – 2025, and the ASEAN Socio-Cultural Community Blueprint. The Programme also supports action lines under the 2016 ASEAN Declaration on Strengthening Education for Out-of-School Children and Youth.

Specifically, ASEAN-UK SAGE aims to provide evidence-based technical input that enables key players in the region including the ASEAN Secretariat (ASEC), Southeast Asian Ministers of Education Organization (SEAMEO), and ASEAN Member States (AMS) to develop effective policies and programmes that improve foundational learning for all and tackle exclusion and constraints limiting the achievement of girls and marginalised groups.

The programme is delivered through the following workstreams/pillars:

* Foundational learning crisis, post pandemic

* Out-of-school girls and marginalised groups

* Gender barriers to digital skills and employment

The integration of education technology cuts across all three pillars.

Activities under the Programme include technical assistance; project-type interventions; research, evidence, and data; and advocacy.

The ASEAN-UK SAGE Programme is co-led and delivered by British Council (www.britishcouncil.org) and SEAMEO Secretariat (www.seameo.org) in partnership with the Australian Council for Educational Research (ACER) (www.acer.org) and EdTech Hub (www.edtechhub.org).

Hashtag: #BritishCouncil

The issuer is solely responsible for the content of this announcement.

Indian Nationals Freed From Cyber-Scam Centers in Laos

Indian Nationals Freed from Cyber-Scam Centers in Laos
Youths rescued by the Indian Embassy from cyber-crime centres in Golden Triangle SEZ, Laos. (Photo Credit: Indian Embassy in Laos)

The Indian Embassy in Laos announced the successful rescue of 14 more Indian youth from cyber-scam centers in the Bokeo’s Golden Triangle Special Economic Zone (SEZ) on 8 August.

Vientiane Intensifies Illicit Billboard Removal Ahead of ASEAN Summits

Vientiane Intensifies Illicit Billboard Removal Ahead of ASEAN Summits
Authorities are removing the illicit sign (Photo credit: Kataiy Maknosa)

Amid a surge in unauthorized billboards, Vientiane authorities are intensifying efforts to remove these signs across the city as part of preparations for the upcoming ASEAN Summits.

Seminar Aims to Tackle Misinformation, Strengthens Journalistic Integrity

The speaker, Deputy Minister of Information, Culture and Tourism, Phosy Keomanivong (Photo: Vientiane Times)

On 8 August, the Ministry of Culture, Information, and Tourism hosted a seminar as part of Lao Media Day to address the escalating issue of misinformation on social media. The event highlighted the key role of journalists in combating fake news and emphasized the need for accurate reporting in the digital age.

Verve Achieves Organic Revenue Growth of 26% and EBITDA Growth of 37% in Q2 2024 – Increasing Guidance 2024 to 400-420 million revenues and 125-135 million adj. EBITDA

Net Revenues increased by 27% to 96.6 (76.2) €m

  • 26% fx adjusted Organic Revenue Growth (Q2’23: 1%)
  • 33% increase in number of Software Clients to 851 (Q2’23: 642)
  • 24% increase in Ad Impressions to 224 billion (Q2’23: 181 billion)

Adjusted EBITDA increased by 37% to 29.1 (21.3) €m

  • Structurally improved EBITDA margin of 30% (Q2’23: 28%) due to growing operating leverage
  • Adjusted Net Debt Leverage Ratio reduced to 2.8x (June 2023: 3.2x)
  • Adj. Net result amounted to 8.8 (Q2’23: 4.0) €m, an increase of 122%
  • Earnings per Share of 0.04 (Q2’23: 0.01) €, an increase of 308%

STOCKHOLM, SWEDEN – EQS Newswire – 12 August 2024 (08:00 CEST) – Verve Group SE (“Verve” or the “Company”, ISIN: SE0018538068; ticker: VER, Inside Information) a fast-growing, profitable digital media company that provides AI-driven advertising-software solutions, publishes a financial update in advance to the publication of its Interim Report Q2 2024 on 29 August.

KEY FIGURES Q2 2024

In €m 2024 Q2 2023 Q2
Net Revenues 96.6 76.2
Y-o-Y Growth in Revenues 27% -2%
EBITDA 28.1 20.0
EBITDA Margin 29% 26%
Adj. EBITDA 29.1 21.3
Adj. EBITDA Margin 30% 28%
EBIT 19.6 12.8
EBIT Margin 20% 17%
Adj. EBIT 23.2 16.6
Adj. EBIT Margin 24% 22%
Net Result 6.3 1.5
Net Result Margin 6% 2%
Adj. Net Result 8.8 4.0
Adj. Net Result Margin 9% 5%


FINANCIAL GUIDANCE

In €m

FY2023 Initial Guidance 2024 Second Guidance 2024

(post Jun)

Third Guidance 2024
Revenue 322 350-370 380-400 400-420
Adj. EBITDA 95 100-110 115-125 125-135


QUOTE FROM THE CEO

“With 96.6 €m revenues achieved in the second quarter, we have delivered an organic revenue growth rate of 26%. Our ability to drive higher revenues on a structurally reduced fixed costs basis enabled us to achieve improved profitability, resulting in an adj. EBITDA of 29.1 €m and an adj. EBITDA margin of 30%. Our commitment to privacy first advertising solutions which results in better outcomes for our clients is the main driver of this success. This is evidenced by a strong increase in the number of large software clients, which increased by 33% to 851 while the number of ad impressions increased by 24% to 224 billion. Based on our expanded customer reach, as well as further customer onboardings driven by our ongoing investments into privacy first targeting solutions, we expect continued robust organic growth in the years to come. As a result, we raise our Guidance 2024 to 400-420 million revenues and 125-135 million adj. EBITDA. Our growth journey has just begun…” commented Remco Westermann, CEO of Verve.

The full Interim Report Q2 2024 will be published on the 29 August on Verve’s corporate website at https://investors.verve.com/investor-relations/financial-reports-and-presentations/ in the Investor Relations section.

Responsible parties

This information constitutes inside information that Verve Group SE is obliged to make public in accordance with the (EU) Market Abuse Regulation 596/2014. The information in this press release has been made public through the agency of the responsible person set out below for publication at the time stated by Verve’s news distributor EQS Newswire at the publication of this press release. The responsible person below may be contacted for further information.

Hashtag: #Verve

The issuer is solely responsible for the content of this announcement.

About Verve

Verve (“Verve” or the “Company”, ISIN: SE0018538068; ticker: VER / M8G) is a fast-growing, profitable digital media company that provides AI-driven ad-software solutions. Verve matches global advertiser demand with publisher ad-supply, enhancing results through first-party data from its own content. Aligned with our mission, “Let’s make media better,” the company focuses on enabling better outcomes for brands, agencies, and publishers with responsible advertising solutions, with an emphasis on emerging media channels. Verve’s main operational presence is in North America and Europe, and it is registered as a Societas Europaea in Sweden (registration number 517100-0143). Its shares are listed on the Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The company has two secured bonds listed on Nasdaq Stockholm and the Frankfurt Stock Exchange Open Market. Verve’s certified advisor on the Nasdaq First North Premier Growth Market is FNCA Sweden AB; contact info: .

www.investors.verve.com

Forward-looking statements

This release contains forward-looking statements that reflect the Company’s intentions, beliefs, or current expectations about and targets for the Company’s and the group’s future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company and the group operates. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “intend”, “may”, “plan”, “estimate”, “will”, “should”, “could”, “aim” or “might”, or, in each case, their negative, or similar expressions. The forward-looking statements in this release, including the pro-forma financial figures addressed therein, are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that the expectations reflected in these forward-looking statements and pro-forma financial numbers are reasonable it can give no assurances that they will materialize or prove to be correct. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, the actual results or outcome could differ materially from those set out in the forward-looking statements as a result of many factors. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements in this release (including the pro-forma financial figures) are free from errors and readers of this release should not place undue reliance on the forward-looking statements in this release. The information, opinions and forward-looking statements that are expressly or implicitly contained herein speak only as of its date and are subject to change without notice. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this release, unless it is so required by law or applicable stock exchange rules.