DUBAI, UNITED ARAB EMIRATES – Media OutReach – 11 April 2022 – Bybit is the world’s third most visited cryptocurrency exchange and one of a limited number of crypto-related businesses with operations in the UAE. It offers online spot and derivatives trading services, mining and staking products, and API support, to retail and institutional clients around the world.

Norton Rose Fulbright assisted Bybit in setting up new locations for its technology and software business, investment arm and headquarters in the UAE freezones DWTC and DIFC. The firm’s FinTech practice advised the company on crypto-related issues and technology support, and infrastructure activities. The Dubai office, led by Jonathan Burton and Kayaan Unwalla, also led the negotiations with the relevant regulators for the establishment of business in the region.

Jonathan Burton, Corporate Counsel at Norton Rose Fulbright Dubai, said, “We are delighted to have been able to assist Bybit in establishing a presence in the UAE. This is an exciting new sector, in which there is a huge amount of opportunity, and we look forward to seeing its continued growth across the region in the coming months.”

Ben Zhou, co-founder and CEO said, “We are excited to be serving global users from our new home in the UAE via the Bybit platform, a one-stop crypto destination. The UAE’s forward-thinking vision to establish itself as a global digital hub is a great fit with Bybit’s culture of innovation. Norton Rose Fulbright’s advice has been instrumental in helping Bybit achieve this license, it is a pleasure working with them. They are highly client oriented, quick to come up with solutions and can be counted on to deliver under the most stressful situations.”

Harold Tin, Corporate Partner at Norton Rose Fulbright Hong Kong, said, “We are honoured to be Bybit’s trusted advisors in expanding its global footprint. Advising our FinTech clients on their expansion into the region marks an exciting milestone in our global service offering.”

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit: https://www.bybit.com/

For updates, please follow Bybit’s social media platforms on
https://discord.com/invite/bybit
https://www.facebook.com/Bybit
https://www.instagram.com/bybit_official/
https://www.linkedin.com/company/bybitexchange/
https://www.reddit.com/r/Bybit/
https://t.me/BybitEnglish
https://www.tiktok.com/@bybit_official
https://twitter.com/Bybit_Official
https://www.youtube.com/c/Bybit

#Bybit

About Norton Rose Fulbright

We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 3,700 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa. Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy, infrastructure and resources; consumer markets; transport; technology; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience with our knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing their businesses. Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact. Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.

• Participants at the annual Asia Pacific Energy Week surveyed on importance of key energy priorities and progress made towards the energy transition
• Top energy priorities include the accelerated expansion of renewables and the decarbonization of industry
• Currently, Asia Pacific sits at just 25 percent on a scale of energy-transition readiness despite having the highest contribution toward carbon emissions
• Systemic changes will be required for the Asia Pacific region to accelerate the energy transition

SINGAPORE – Media OutReach – 11 April 2022 – Regional and global business leaders, policy makers and government representatives throughout the energy sector convened at the second annual Asia Pacific Energy Week, organized by Siemens Energy, to discuss regional challenges and opportunities for the energy transition.

Themed ‘Making the Energy of Tomorrow Possible‘, the 2-day virtual event held from March 28 to 29, 2022 saw more than 2,000 participants actively engage in the discussions, opinion polls and questions. Over the two days, participants were surveyed on the importance of major energy priorities and the progress made towards the energy transition.

The Asia Pacific Energy Transition Readiness Index is derived using an aggregate of participants’ response to each of 11 pre-determined key energy priorities. The study yielded valuable data and insights, which will be used to enhance key strategies for the energy transition in the region. It is the first of a series of studies which will be conducted in different regions globally.

Lofty ambitions, but low readiness for energy transition

The survey of conference participants revealed a significant gap between perception and reality when it came to carbon emissions.

Between 2005 and 2020, regional carbon emissions grew by around 50 percent, yet participants believed they had fallen by almost a third. The participants also anticipated that 2030 emission levels would be 39 percent lower than in 2005.

Further analysis of the survey data found that the Asia-Pacific region had a score of 25 percent on the Readiness Index, which indicates how far a region is along its energy transition path.

“While we have seen successful decarbonization in a number of areas, strong economic growth is counteracting this progress, resulting in a net increase in overall emissions. With the Asia Pacific region responsible for more than half of the world’s CO₂ emissions, global climate efforts must clearly involve Asia Pacific more in the future. Maintaining economic growth and prosperity while simultaneously reducing emissions in the medium and long term needs to be the top priority for the region,” said Christian Bruch, President and CEO of Siemens Energy AG.

11 energy priorities identified to move the needle

Global management consultancy Roland Berger, knowledge partner in the Asia Pacific Energy Week, identified in close collaboration with Siemens Energy 11 priorities for tackling climate change and ultimately achieving net zero.

While participants agreed unanimously that each of the energy priorities have an important role to play in the region, the accelerated expansion of renewables and the decarbonization of industry were considered the most important factors. When asked about their views of the progress made on these energy priorities, many participants highlighted that much remains to be done, with many of the priorities still in the planning phase. The most progress was reported in power generation, with more than 80% of participants saying that the acceleration of renewables is at least in the planning phase, with around a third already at implementation. Almost two-thirds of respondents reported a similar level of progress for coal exit strategies.

Policy changes required to drive progress on almost every priority

Five factors were identified as areas that require development to drive progress along the energy transition: Funding; Know-how; Technology; Policy; and Supply Chain. Overall, participants see policy as the most important factor in almost every priority. Funding also emerged as a substantial need for most priorities. The need for additional know-how varies but is highest for new technologies such as carbon capture and storage (CCS) and power-to-X solutions.

“To meet carbon reduction targets, businesses in Asia Pacific region will need to reduce their reliance on coal as an energy source and increasingly turn to renewables,” said Denis Depoux, Global Managing Director, Roland Berger.

The full Asia Pacific Energy Transition Readiness Index is available at https://bit.ly/APIndex2022

About Siemens Energy

Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology,
such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion
in fiscal year 2020. www.siemens-energy.com.

Roland Berger is the only strategy consultancy of European origin with a strong international presence. As an independent firm owned exclusively by our partners, we have 50 offices with a presence in all major markets. Our 2,400 employees are characterized by a unique combination of analytical thinking and an empathetic mindset. Driven by our values of entrepreneurial spirit, excellence, and empathy, we are convinced that business and society need a new, sustainable paradigm that focuses on the whole value-creation cycle. By working in interdisciplinary teams across all relevant sectors and business functions, Roland Berger offers the best expertise worldwide for successfully overcoming the profound challenges of our age now and in the future. www.rolandberger.com

This press release and a press picture / press pictures / further material is available at www.siemens‑energy.com/press

For further information on Asia Pacific Energy Week, please see https://www.siemens-energy.com/global/en/news/fairs-events/energy-week/asia-pacific-energy-week.html

Follow us on Twitter at: www.twitter.com/siemens_energy

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

SINGAPORE – Media OutReach – 11 April 2022 – Premier training provider, AgileAsia, has recently discovered more than 5600 people participated in their Certified Scrum Master training course in last year, 2021. This was a 61% increase in course participation compared to the previous year. Scrum is the practice of creating value through adaptive solutions for highly complex problems in a business organisation. Due to this framework, many business professionals have been benefiting from it through delivering high-value results within their organisations.

Explaining why there is a sharp rise in Scrum course participation, the training provider points out that the COVID-19 pandemic has managed to change many individuals’ mindset, particularly from a fixed to growth mindset. As the pandemic has affected many lives, there is also an uncertainty in organisations’ initial business strategy. Due to this, many stakeholders are trying to learn to adapt and upscale themselves to overcome the challenges.

To implement effective business transformation, individuals must take on new skills and knowledge such as the frameworks of Scrum. For the last 2 years, AgileAsia has been approved by Singapore Government bodies to provide up to 90% course fees subsidy, with SkillsFuture and Union Training Assistance Programme (UTAP) supported. The training provider also noted that this could be one reason why more business professionals are signing up Agile training.

AgileAsia is able to provide the information because they have grown over the years to become a leading provider of certification in thought leadership and the pioneers in agile movement in Singapore. The company is an approved training provider by the Singapore government bodies in the country to reach more clients across industries. The move is in line with the goal of helping organisations to develop core skills to implement transformation practices and scale in their respective industries.

The business environment continues to evolve amidst the emergence of a wide range of solutions to enable them to deliver the best experience to their target audience and compete favourably in their sectors. The Covid-19 pandemic has led to the discovery of more solutions and better ways of operating to achieve enhanced productivity. However, a good number of businesses still struggle to find their footing in the post-Covid-era, which is where the team at AgileAsia is looking to make a difference through their wide range of Scrum Alliance and Scaled Agile courses & certification.

The categories of courses offered by AgileAsia covers the different aspect of the Agile Scrum curriculum, with over 15 Agility courses to cater to the growing and diverse needs of organizations and individuals. This will ensure that more people are armed with the latest skillset in the business environment and have access to learn from globally-renowned expert practitioners with more than two decades of experience.

AgileAsia, an approved Training Provider by Singapore government bodies, provides up to 90% subsidy, giving clients access to a massive agile community, covering subjects across industries, including banking & finance and IT. The courses detail how the post-Covid work environment works and how participants can cope with the changes.

The Agile and Scrum workshop on Scaled agile and other aspects of the curriculum have continued to enjoy rave reviews from participants across industries for the comprehensiveness and efficiency of the content.

For further information about AgileAsia and the range of courses offered, visit
https://agileasia.com/

AgileAsia also has a growing online community across social media, including Facebook, LinkedIn, Instagram, Twitter, Youtube.

About AgileAsia

AgileAsia is a leading provider of industry-leading scrum alliance & scaled agile courses designed to help organisations develop core skills to implement transformation practices. The practitioner-based courses cover content which meets the requirements of leaders and practitioners to manage the transformation, with contributions from a community of IT leaders, besides academic content. AgileAsia currently has more than 300+ 5-Star Google reviews and a net promoter score of 85.

https://agileasia.com/

#AgileAsia

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