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Next Level Aviation® Completes Recap of Turning Rock Partners

NLA completed the full redemption of Turning Rock’s preferred equity investment ahead of schedule

DANIA BEACH, Fla., Aug. 5, 2025 /PRNewswire/ — Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has fully redeemed Turning Rock Partners’ (TRP) 2019 preferred equity investment. NLA completed the full redemption of TRP’s stake, ahead of schedule, in mid- June 2025.

Next Level Aviation® Chairman & CEO Jack Gordon stated, “We are extremely pleased to complete the full redemption of Turning Rock Partners. We again want to thank the TRP team for their financial and operational support during the investment period. We wish the entire TRP team the best, personally and with their portfolio investments, going forward.”

Mr. Gordon continued, “We would also like to thank the PNC Business Credit team again for providing the asset-based lending flexibility needed to complete this management led recap. Now that the recap is complete, 100% ownership of Next Level Aviation® reverts to its founders. Management is in the process of evaluating the equity needs of the business going forward before choosing a new financial partner to assist us in taking the business to the next level.”

About Next Level Aviation®
Next Level Aviation® is an ASA-100 accredited, and FAA Advisory Circular 00-56B compliant supplier stocking commercial aircraft/jet engine used serviceable material (USM) for all Boeing and Airbus aircraft platforms and associated jet engines. Next Level Aviation® specifically focuses on stocking USM for the Boeing 737 and Airbus A320 families of aircraft and their associated jet engines, which currently make up about 65% of the global commercial fleet. Founded in March 2013 by Jack Gordon, Mike Dreyer, and Matt Dreyer, Next Level Aviation® has grown into a top global supplier of commercial aircraft/jet engine used serviceable material. www.nextlevelaviation.net

About Turning Rock Partners:
Turning Rock Partners (“TRP”) targets debt, equity and hybrid investments in underserved or capital constrained lower-middle market businesses in North America. TRP structures bespoke financing solutions for companies across the private market landscape. For more information, please visit Turning Rock Partners’ website: www.turningrockpartners.com. For Turning Rock investor relations, please contact investor@turningrockpartners.com.

 

Breaking the Dirty Cycle: YEEDI’s Self-Cleaning Mop Ushers in a New Cleaning Paradigm

SAN FRANCISCO, Aug. 5, 2025 /PRNewswire/ — YEEDI, a rising innovator in smart home robotics, is placing the spotlight on its most advanced mopping technology yet: the OZMO Roller Mop, featured in the highly rated YEEDI M14 PLUS robot vacuum and mop.

The Dirty Truth About Traditional Robot Mopping

Most robot mops on the market today rely on a single water tank and a basic damp pad. Over time, this design leads to diminishing cleaning performance—and dirtier floors. With no separation between clean and dirty water, the mop pad gradually absorbs hair, dust, and oily residue, only to smear it back across the floor in each pass. Lacking any rinse or filtration system, these robots simply move contaminated water around, leaving behind streaks, residue, and even unpleasant odors. In many cases, the more they “clean,” the worse your floors look.

“True floor cleaning starts with a clean mop,” said YEEDI. “The OZMO Roller Mop isn’t just an upgrade—it’s a fundamental rethinking of how robot mops should work.”

Clean in Every Pass: OZMO Roller vs. Traditional Pad Mopping
Clean in Every Pass: OZMO Roller vs. Traditional Pad Mopping

OZMO Roller Mop: A True 4-Step Deep Cleaning Process

Unlike traditional spinning or vibrating pads, this patented horizontal roller system—co-engineered with floor care pioneer Tineco—features a fully integrated 4-step cleaning cycle that ensures the mop remains clean throughout the process:

  1. Spraying – A 16-nozzle water system continuously wets the mop roller with clean water, ensuring fresh mopping from start to finish.
  2. Mopping – The roller spins at 200 RPM and applies up to 4000 Pa of downward pressure, scrubbing away sticky messes, dried spills, and fine dust.
  3. Scraping – A pressure-mounted scraper hugs the roller to force out dirty water and debris, preventing recontamination.
  4. Water Recovery – A high-pressure pump vacuums up dirty water in real time, keeping the mop consistently clean and reducing drying time.

This closed-loop system ensures the robot mops with clean water at all times—no manual rinsing, no streaks, and no lingering odors.

The 4-Stage OZMO Roller Cleaning Cycle
The 4-Stage OZMO Roller Cleaning Cycle

M14 PLUS: Advanced Cleaning Made Accessible

Alongside the OZMO Roller system, the M14 PLUS offers flagship-level cleaning with a smarter, more refined user experience:

  • 18,000 Pa suction power and an anti-tangle brush for hair, dust, and deep-seated debris
  • AIVI 3D 3.0 navigation with lidar, AI vision, and real-time object avoidance
  • TruEdge 2.0 edge cleaning system for complete wall-to-wall and corner cleaning
  • A modern design featuring matte black or white finish with rose gold accents

At $799 (regularly $1,199), the YEEDI M14 PLUS delivers a premium cleaning experience for hundreds less than competitors with similar specs. It’s available now via YEEDI’s official Amazon store.

Explore Now:

YEEDI Amazon Store: https://www.amazon.com/yeedi
YEEDI M14 PLUS: https://www.amazon.com/dp/B0F187JZBJ 

About YEEDI

YEEDI is a cutting-edge service robot brand that embraces the concept of “Live Smart. Enjoy Life.” With constant upgrades, pioneering technology solutions are integrated into robotics for an enhanced consumer experience. Thus, consumers can enjoy a modern lifestyle with high standards of quality.

 

BON Announces Reciept of Nasdaq Compliance Letter

XI’AN, China, Aug. 5, 2025 /PRNewswire/ — Bon Natural Life Limited (Nasdaq: BON) (“BON” or “the Company”), a leading provider of bio-ingredient solutions for the natural health and personal care industries, today announced reciept of compliance notification from the Nasdaq Stock Market LLC.

As previously reported on a Form 6-K filed with the U.S. Securities and Exchange Commission on July 11, 2025, Bon Natural Life Limited ( “the Company”) received notification from the Nasdaq Hearings Panel (the “Panel”) that the Company had regained compliance with Listing Rule 5550(a)(2) (the “Bid Price Rule”). The Panel also advised the Company that it will be subject to a one-year Discretionary Panel Monitor.

On July 29, 2025, the Company received notification from The Nasdaq Stock Market LLC confirming the Panel’s decision and stating that the matter is now closed.

About Bon Natural Life Limited (“BON”)
BON is a Cayman Islands company engaged in the business of natural, health, and personal care industries. For more information, please visit http://www.bnlus.com.

For more information, please contact:
Cindy Liu | IR  
Email: bonnatural@appchem.cn 

Safe Harbor Statement
This press release contains certain statements that may include “forward-looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,””expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov).  All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

A Midsummer Night’s Dream: Yaber, BLUETTI, and RayNeo Illuminate the Summer Outdoors

NEW YORK, Aug. 5, 2025 /PRNewswire/ — Yaber, a pioneer in entertainment projectors, today teams up with portable power innovator BLUETTI and AR glasses leader RayNeo to launch “A Midsummer Night’s Dream,” a cross-brand campaign celebrating the quiet magic of summer nights and the expanding possibilities of outdoor living. The collaboration brings together three technologies—projection, power, and next-generation visuals—to elevate shared experiences under the open sky.

Yaber teams up with BLUETTI and RayNeo
Yaber teams up with BLUETTI and RayNeo

At the heart of the experience are Yaber’s portable projectors: the T2 Plus GTV and the T1 Pro. Purpose-built for outdoor use, the T2 Plus GTV features native 1080P resolution, dual 8W JBL speakers with Dolby Audio, and a 2.5-hour built-in battery—delivering high-quality visuals and sound without the need for external power. The ultra-compact T1 Pro, weighing just 2.65 pounds, doubles as an ambient mood lamp and sets up in just three seconds—ideal for impromptu getaways and relaxed evenings under the stars.

Both models pair seamlessly with BLUETTI’s latest 1kWh Elite 100 V2 Portable Power Station, unlocking extended playtime for campsite theaters or backyard movie nights. With the addition of RayNeo’s Air 3s AR Glasses, the scene expands—bringing a 201-inch virtual display into any outdoor setting, from starlit forests to quiet garden corners.

To mark the launch, Yaber, BLUETTI, and RayNeo are coming together to offer curated experiences and up to 10% off select models across all three brands, starting August 5. More than a promotion, the campaign is an invitation to explore what’s possible when thoughtful technology meets the natural world—encouraging users to slow down, reconnect, and rediscover wonder beneath the stars.

Learn more at: https://www.yaber.com/pages/summer-co-brand  

About Yaber

Founded in 2018, Yaber stands as a pioneer of entertainment projectors, committed to pushing the boundaries of both visual and audio excellence. Every Yaber projector is crafted to deliver exceptional experiences, embodying a pursuit of perfection and offering users an enriching journey of continual self-transcendence.

Media contact: media@yaber.com

About BLUETTI

As a pioneer in clean energy technology, BLUETTI offers advanced portable power solutions for outdoor living and emergency use. Trusted by over 3.5 million users in 110+ countries, BLUETTI is dedicated to cleaner energy and empowering a more independent, flexible lifestyle for modern living.

Media contact: ellenlee@bluetti.com 

About RayNeo

Founded in October 2021, RayNeo is on a mission to revolutionize the lives of a billion people worldwide through AR glasses. With deep expertise in near-eye optical display design, proprietary AI algorithms, and multimodal human-computer interaction, RayNeo is the only AR company in the industry with full in-house development and mass production capabilities for core optical solutions.

Media contact: marketing@rayneo.com

Beyond Music Acquires Copyright Catalog of Bekuh Boom, Hitmaker Behind BLACKPINK

  • 33-song catalog includes BLACKPINK hits: “Kill This Love,” “DDU-DU DDU- DU,” “Ice Cream”
  • Builds on recent acquisition of BTS’s “Butter,” further expanding Beyond Music’s K-pop portfolio
  • Strengthens global presence by acquiring high-potential music IP across genres and markets

SEOUL, South Korea, Aug. 5, 2025 /PRNewswire/ — Beyond Music, a leading Asia-based music IP investment and data management firm, has acquired the publishing catalog of globally renowned songwriter Bekuh Boom, best known for her work with BLACKPINK.

profile of Bekuh Boom
profile of Bekuh Boom

The acquisition includes 33 songs, among them BLACKPINK’s most iconic hits: “Kill This Love,” “DDU-DU DDU-DU,” “Ice Cream,” “BOOMBAYAH,” and “Pretty Savage.” Each of these tracks has surpassed 500 million streams on Spotify, establishing them as key pillars of BLACKPINK’s global discography.

This deal follows Beyond Music’s recent acquisition of a copyright stake in BTS’s international hit “Butter,” further cementing the company’s presence in the global K-pop IP market.

“By acquiring rights to signature tracks from both BTS and BLACKPINK—two of the most iconic acts in K- pop—we’ve reached a major milestone in executing our global strategy,” said Jinwoo Jo, CEO of Beyond Music. “It’s also an honor to invest in the work of Bekuh Boom, a world-class songwriter whose catalog continues to resonate with audiences worldwide. We look forward to supporting her future creative endeavors and building a long-term partnership.”

Bekuh Boom – now releasing music under her artist moniker BOOMBBY – is an American songwriter and producer who began her professional career at just 18. She made her K-pop debut in 2014 with TAEYANG’s “Eyes, Nose, Lips” and quickly became one of the genre’s most in-demand voices, penning over ten No. 1 hits across global charts. With credits for artists like BLACKPINK, WINNER, and Jeon Somi, Bekuh has played a key role in defining the sound of modern K-pop and cementing its place on the world stage.

BLACKPINK remains a dominant force in global pop music, boasting over 98 million YouTube subscribers and holding a Guinness World Record. After a hiatus of two years and ten months, the group made a highly anticipated return this July with the release of their new single “Jump”, which debuted at No. 1 on the Billboard Global 200 chart. Kicking off the concert in Korea, BLACKPINK is currently embarking on a world tour which will span 31 shows across the countries including the United States, the United Kingdom, France, and Japan through next January.

The Bekuh Boom acquisition is part of Beyond Music’s broader strategy to selectively invest in high-performing music assets that offer long-term value. Since its founding in 2021, Beyond Music has completed over 100 large- scale music IP acquisitions, managing more than 35,000 master and publishing rights spanning hits from the 1990s to today.

Beyond Music’s value creation model focuses on:

  • Precision data analysis
  • Revenue optimization through synchronization and licensing
  • New IP creation via song remakes and interpolations
  • Data-driven social media marketing
  • Strategic global collaborations

Through these initiatives, Beyond Music continues to redefine music IP investment, positioning itself as a leader in the evolving global music rights industry.

About Bekuh Boom:

Bekuh BOOM is a singer, songwriter, and producer whose genre-spanning work has helped shape the sound of global pop. Known for her impact in K-pop and beyond, she has written for some of the world’s most prominent artists and contributed to multiple international chart-toppers. Her work has earned widespread critical and commercial recognition, including a Best Original Song award from the Game Audio Network Guild.

Now, under her pop artist moniker BOOMBBY, Bekuh is stepping into her own spotlight. With recent singles like “Icy Bishh,” “DUHMB,” and “Test Drive,” she’s launched a bold new era – fusing emotionally honest storytelling with high-impact, genre-blurring production. BOOMBBY is more than a new name – it’s the most personal and creatively expansive project of her career.

Bekuh recently signed to Range Media Partners for management, where she is represented by Cory Litwin.

Ericsson Receives Frost & Sullivan’s 2025 Global SASE for the Distributed Enterprise Enabling Technology Leadership Recognition for Excellence in Cellular-Optimized Secure Networking

Recognized for driving digital innovation and customer success through unmatched application diversity, AI-driven automation, and a cellular-first strategy

SAN ANTONIO, Aug. 5, 2025 /PRNewswire/ — Frost & Sullivan has honored Ericsson with the 2025 Enabling Technology Leadership Recognition in the global SASE for the distributed enterprise industry for its outstanding achievements in digital innovation, customer-centric strategy execution, and secure networking leadership. This recognition highlights Ericsson Enterprise Wireless Solutions’ consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an evolving competitive landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Ericsson Enterprise Wireless Solutions excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale.

“Ericsson’s NetCloud SASE is fundamentally distinct from legacy SASE offerings. Rather than retrofitting traditional SD-WAN and security services into a cellular environment, Ericsson has built a platform from the ground up that embraces the unique demands of LTE and 5G networks. This cellular-optimized approach gives Ericsson a clear advantage in enterprise IoT-centric deployments, where fixed-line connectivity is either impractical, unavailable, or cost-prohibitive,” said Claudio Stahnke, Industry Analyst at Frost & Sullivan.

Guided by a long-term growth strategy focused on digital innovation and customer impact, Ericsson Enterprise Wireless Solutions has shown its ability to adapt and lead in a rapidly evolving landscape. The company’s strategic agility and sustained investment in cellular-first secure networking have enabled it to scale effectively across diverse global markets and industry verticals.

Innovation remains central to Ericsson’s approach. Its NetCloud SASE platform delivers a secure, zero trust foundation specifically optimized for LTE and 5G environments. NetCloud SASE combines AI-driven automation, unified management, and end-to-end visibility to address the operational constraints of lean IT teams and distributed enterprises.

Ericsson’s unwavering commitment to customer success strengthens its position in the market. Its global SASE solution enables users to create a zero trust network in less than six minutes, dramatically reducing provisioning time for sites, whether they be located in a branch, mobile vehicle, or IoT scenarios.  With flexible deployment models—cloud, hybrid, or on-premises—Ericsson supports a wide range of use cases across public safety, utilities, education, retail, and industrial sectors.

“We are honored to receive this recognition from Frost & Sullivan for our NetCloud SASE platform,” said Pankaj Malhotra, Head of Enterprise Networking and Security, Enterprise Wireless Solutions, Ericsson. “As a pioneer in Wireless WAN and known for the simplicity of our products, we are committed to making security and connectivity easy in some of the most challenging and important environments.”

Frost & Sullivan commends Ericsson for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, innovation pipeline, and customer-first culture are shaping the future of secure enterprise networking and driving tangible results at scale.

Each year, Frost & Sullivan presents the Enabling Technology Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. This recognizes forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:

CamilaTinajero
E: camila.tinajero@frost.com

About Ericsson
Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For nearly 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

Contact:
bewspress@ericsson.com

Neopharma Technologies Appoints Exchange Listing to Manage U.S. IPO

NEW YORK, Aug. 5, 2025 /PRNewswire/ — Neopharma Technologies Ltd (NTL), a leading MedTech company specializing in digital drug and impairment testing for workplace and public safety, has appointed Exchange Listing, LLC to manage its upcoming U.S. initial public offering (IPO), with plans to list on the NASDAQ Stock Exchange.

Neopharma has developed NEOVAULT®, the world’s first integrated chain-of-custody and data management platform for point-of-care (POC) drug testing. Paired with its NEOTEST® range of regulatory-grade oral and urine screening devices, NEOVAULT® provides a secure, mobile-enabled solution that supports compliance and operational safety for enterprises, governments, and healthcare organizations.

The company is uniquely aligned with emerging global policy. In April 2025, the White House Office of National Drug Control Policy formally endorsed the adoption of AI-powered digital drug testing technologies. NEOVAULT® is among the few globally certified platforms meeting this standard and is the only solution currently certified under HIPAA, SOC 2 Type 2, GDPR, and ISO 27001.

Commercial adoption is accelerating. Neopharma is in advanced agreement or active negotiation with:

  • Four of the world’s largest Drugs of Abuse (DOA) test kit manufacturers to NEOVAULT®-enable more than 150 million drug test kits
  • Multiple international distributors
  • 25 enterprise clients across Australia and New Zealand

This foundation supports a high-margin, recurring revenue model through SaaS and platform licensing.

Peter Goldstein, CEO of Exchange Listing, said:

“Neopharma’s platform, business model, and traction make it an ideal candidate for the U.S. capital markets. We’re confident in Shaun and Marcus’s leadership and committed to guiding the company through a successful Nasdaq listing aligned with its long-term growth strategy.”

Shaun Melville, Executive Director of Neopharma Technologies, added:

“Exchange Listing brings the IPO expertise and strategic insight we need as we expand globally. NEOVAULT® is solving real compliance and public safety challenges. We’re ready to scale this solution worldwide.”

About Neopharma Technologies Ltd

Neopharma Technologies delivers digital solutions for secure, real-time drug screening and compliance management. Its NEOVAULT® platform and NEOTEST® devices serve enterprise, healthcare, and government clients worldwide.

About Exchange Listing, LLC

Exchange Listing provides capital markets advisory and IPO readiness services for growth-stage companies targeting listings on the Nasdaq and NYSE.

Press Contact: enquiries@neopharmatechnologies.com

CONTACT: Shaun Melville, shaun@neopharmatechnologies.com

TECHTRONIC INDUSTRIES DELIVERS STRONG FIRST HALF PERFORMANCE

GROWING SALES TO US$7.8 BILLION, NET PROFIT INCREASED TO US$628 MILLION

HONG KONG, Aug. 5, 2025 /PRNewswire/ — Global cordless power tool, outdoor power equipment and floorcare & cleaning company Techtronic Industries Co. Ltd. (“TTI” or the “Group”) (stock code: HK: 0669, ADR symbol: TTNDY) is pleased to announce the unaudited consolidated results of the Company and its subsidiaries for the six-month period ended June 30, 2025. TTI grew sales in the first half of 2025 to US$7.8 billion, up 7.1% in reported currency and 7.5% in local currency. Its two leading brands, MILWAUKEE and RYOBI, both delivered exceptional performance during this period.

  • TTI delivered a strong first half performance, growing sales 7.5% in local currency to US$7.8 billion and net profit 14.2% to US$628 million.
  • Our Flagship MILWAUKEE business extended its dominant leadership position as the #1 professional power tool brand worldwide by delivering 11.9% sales growth in local currency.
  • RYOBI, the #1 global consumer battery-powered tool and outdoor brand, grew sales 8.7% in local currency.
  • TTI reported US$468 million in free cash flow during the first half of 2025, ending the period in a net cash position.

Financial Performance Highlights for 2025 First Half

2025

US$’

million

2024

US$’

million

Changes

Revenue

7,833

7,312

+7.1 %

Gross profit margin

40.3 %

39.9 %

+34 bps

EBIT

709

626

+13.3 %

Profit attributable to Owners of the Company

628

550

+14.2 %

Basic earnings per share (US cents)

34.37

30.12

+14.1 %

Interim dividend per share (approx. US cents)

16.09

13.90

+15.7 %

Gross margin improved 34 basis points to 40.3% in the first half of 2025. This increase reflects operational efficiencies made in its consumer brands where TTI focused on profitability, the positive mix impact from the growth of its high margin MILWAUKEE business and productivity improvements captured throughout its manufacturing and sourcing network. EBIT for the first half of 2025 was US$709 million, representing a 13.3% increase compared to the same period in 2024. EBIT margin also increased 49 basis points from the first half of 2024 to 9.1% as a percentage of sales. Net Profit increased 14.2% to US$628 million and earnings per share also improved 14.1% to US34.37 cents. Working capital improved 190 bps versus June 2024 to 16.8% as a percent of sales. The Group generated US$468 million in positive Free Cash Flow in the first half of 2025, ending the period in a net cash position.

The TTI Power Equipment segment grew sales 8.3% in local currency to US$7.4 billion. MILWAUKEE achieved double-digit sales growth in the first half of 2025, finishing up 11.9% in local currency. RYOBI delivered a tremendous first half performance, growing 8.7% in local currency. The Floorcare and Cleaning business increased operating profit 3.6% to US$9.7 million as compared to the first half of 2024, while revenue decreased 4.8% in local currency to US$408 million.

The Directors have resolved to declare an interim dividend of HK125.00 cents (approximately US16.09 cents) (2024: HK108.00 cents (approximately US13.90 cents)) per share for the six-month period ended June 30, 2025. The interim dividend will be paid to shareholders listed on the register of members of the Company on September 5, 2025. It is expected that the interim dividend will be paid on or about September 19, 2025.

Mr. Horst Pudwill, Chairman of TTI, said, “From topline sales growth, solid free cash flow, and improved EBIT and Net Profit margins, we are very pleased with our results in the first half of 2025. We are confident we will successfully navigate the current macro-economic environment, positioning us in an even stronger leadership position in the months and years ahead.”

Mr. Steven P. Richman, CEO of TTI, commented, “Our strong first half results reflect the dedication and culture of our global team. We continue to build on this foundation by recruiting, retaining, and investing in talent worldwide and are extremely proud of the depth of the talent and bench strength we have developed across all levels at TTI.”

Forward-Looking Statements

This announcement contains certain forward-looking statements or uses certain forward-looking terminologies which are based on the current expectations, estimates, projections, beliefs and assumptions of TTI about the businesses and the markets in which the Group operates and reflect TTI’s views as of the date of this announcement. These forward-looking statements are not guarantees of future performance and are subject to market risk, uncertainties and factors beyond the control of TTI. Therefore, actual outcomes and returns may differ materially from the assumptions made and the statements contained in this announcement.

About TTI

Techtronic Industries Company Limited (“TTI” or the “Company”), founded in 1985 by German entrepreneur Horst Julius Pudwill, is a world leader in cordless technology. As a pioneer in Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products, TTI serves professional, industrial, Do It Yourself (DIY), and consumer markets worldwide. With more than 47,000 employees globally, the company’s relentless focus on innovation and strategic growth has established its leading position in the industries it serves.

MILWAUKEE is at the forefront of TTI’s professional tool portfolio. With global research and development headquartered in Brookfield, Wisconsin, the historic MILWAUKEE brand is renowned for driving innovation, safety, and jobsite productivity worldwide. The RYOBI brand, headquartered in Greenville, South Carolina, remains the top choice for DIYers and continues to set the standard in DIY tool innovation. TTI’s diverse brand portfolio also includes trusted brands like AEG, EMPIRE, HOMELITE, and leading floorcare names HOOVER, ORECK, VAX, and DIRT DEVIL (based in Charlotte, North Carolina).

TTI’s international recognition and renowned brand portfolio are supported by a strong ownership structure that underscores the company’s global reach and stability. The Pudwill family remains the company’s largest shareholder, with the remaining ownership held largely by institutional investors at North American and European-owned firms. TTI is publicly traded on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index, operating globally with a strong commitment to environmental, social, and corporate governance standards. For more information, visit www.ttigroup.com.

All trademarks listed other than AEG and RYOBI are owned by the Group. AEG is a registered trademark of AB Electrolux (publ.) and is used under license. RYOBI is a registered trademark of Ryobi Limited and is used under license.