With innovative solutions to some of the world’s most urgent challenges,
three social entrepreneurs are building a better future for all

WASHINGTON, April 7, 2026 /PRNewswire/ — Today, the Skoll Foundation announced the three organizations that will receive the 2026 Skoll Award for Social Innovation: ChildLife Foundation, SmartStart, and Indus Action. The $2 million award provides unrestricted support to nonprofit organizations with a proven track record of advancing transformational social change on intractable global issues.

Through innovative public-private partnerships, thoughtful community integration, and systems-level thinking, the 2026 award winners are driving measurable progress on child health in Pakistan, early learning and development in South Africa, and civic technology and public benefits access in India. Together, these remarkable organizations are advancing a sustainable world of peace and prosperity for all.

The Foundation will present the awards and celebrate the leaders of each recipient organization during the 23rd annual Skoll World Forum, held April 21–24 in Oxford, U.K. and online. The Awards Ceremony will take place Thursday, April 23, from 5:00–6:30 p.m. BST at the New Theatre in Oxford and via livestream. Click here to register to attend the Forum online, or email press@skoll.org to request a press pass to attend the Forum in person.

“This year’s winners of the Skoll Award for Social Innovation prove that when bold, creative leaders set their sights on a problem, their resolve and commitment lead to global systems change. Through innovative partnerships with affected communities and cross-sector collaboration, they are driving impact and lasting change in the fields of health, education, and public benefits,” said Marla Blow, CEO & President of the Skoll Foundation. “Even in the face of profound shocks to the social impact space, these organizations are not simply maintaining their impact; they are increasing it exponentially. We hope their stories will inspire other social entrepreneurs to continue their pursuit of transformational change.”

More details about the 2026 recipients of the Skoll Award for Social Innovation:

ChildLife Foundation

Pakistan faces one of the highest child mortality rates in the world, with nearly 1,000 children dying every day from treatable conditions like pneumonia. ChildLife Foundation works to prevent those deaths by strengthening Pakistan’s struggling pediatric emergency care system. It partners with government to rehabilitate and manage pediatric ERs within public hospitals, delivering world-class care through modern facilities and equipment, efficient systems and well-trained teams. Additionally, ChildLife Foundation’s 24/7 telemedicine network links over 300 district hospitals to pediatric specialists, covering 90 percent of the population. This system has achieved a tenfold reduction in child mortality in the ERs ChildLife manages. By building government doctors’ capacity and scaling to 40 modernized ERs and more than 400 telemedicine sites, the organization hopes to deliver life-saving care to 20 million children each year.

Watch ChildLife’s story.

Indus Action

India spends $150 billion annually on more than 5,000 social protection programs, yet complex processes prevent nearly 800 million citizens from accessing the benefits they are entitled to receive. An estimated 25 percent of legislated benefits — including those for students, workers and new mothers — never reach their intended recipients, trapping millions in cycles of poverty. Indus Action bridges this gap through a three-pronged approach: building government delivery capacity; leveraging technology to design open-source, citizen-centric solutions; and using research to improve benefit-delivery systems. By engaging both citizens and state agencies, Indus Action is transforming constitutional commitments into impact by ensuring vulnerable Indians can access education, health care and financial programs that provide pathways out of poverty. By 2030, the organization aims to seamlessly connect 30 million citizens to all the benefits for which they are eligible. 

Watch Indus Action’s story.

SmartStart

High-quality early childhood care and education boosts child outcomes, creates new jobs and enables parents to work. Yet in South Africa, over one million 3- to 5-year-olds don’t have access, perpetuating the economic exclusion of poor communities. SmartStart‘s model enables underemployed community members to convert their homes and community spaces into licensed early learning enterprises for excluded children. By combining training, materials, coaching, compliance support and peer networks, SmartStart’s social franchise model makes quality early learning affordable, accessible and community-owned. At the same time, the model unlocks stable, dignified livelihood opportunities for thousands of microentrepreneurs. Through deep collaboration with government and other partners, SmartStart has grown into South Africa’s leading early learning network, with 15,000 programs currently reaching 160,000 children per week. The organization is now building the systems, capabilities and partnerships to grow its impact beyond its direct delivery footprint and reach 1 million children by 2030. 

Watch SmartStart’s story.

About the Skoll Foundation: The Skoll Foundation catalyzes transformational social change by investing in, connecting and championing social entrepreneurs and other innovators who support them who are advancing bold, systemic solutions to the world’s most pressing problems. In 2025, the Skoll Foundation directed nearly 80 percent of its funding in support of global social entrepreneurship, with 55 percent directly reaching its community of Skoll Awardees and other social entrepreneurs.

Video – https://www.youtube.com/watch?v=BDSoQd5kiTM 

• DXC adopts ServiceNow’s Core Business Suite as Customer Zero, activating agentic AI across core business functions for a Global Business Services-led transformation
• The partnership combines DXC’s transformation expertise with the ServiceNow AI Platform to power smarter, more resilient operations across the enterprise
• DXC will enable customers to replicate these transformation outcomes at scale

ASHBURN, Va., April 7, 2026 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, and ServiceNow, the AI control tower for business reinvention, today announced a new, multi-year agreement to modernize core enterprise operations and put AI to work at scale. The partnership combines DXC’s enterprise optimization expertise with the ServiceNow AI Platform to move from AI experimentation to execution across complex, multivendor environments, while accelerating delivery timelines, reducing manual effort, and improving service quality across core business functions.

DXC Partners with ServiceNow on a New Wave of AI-first Enterprise Transformation

As Customer Zero for ServiceNow’s Core Business Suite, DXC will be the first global enterprise to deploy the new agentic AI capabilities for their Global Business Services model. DXC will work with ServiceNow across key functions using AI-driven automation and agentic workflows to reduce manual work, improve cross-functional visibility and streamline processes to enhance speed, consistency and quality. This approach creates a library of repeatable, validated AI use cases and proven automation patterns that DXC will package and deliver to customers globally, enabling similar transformational experiences with faster time-to-value.

DXC will leverage ServiceNow’s agentic AI capabilities to create a unified enterprise experience across critical business services globally. By embedding AI-driven workflows across the enterprise, DXC will automate high-volume processes, improve operational efficiency, and accelerate decision-making at scale. Digital agents can continuously monitor activity, surface real-time insights, and proactively resolve issues, reducing manual effort while enabling teams to focus more on analysis, innovation, and higher-value work.

Through the adoption of the Core Business Suite, DXC is adopting an advanced organizational Global Business Services model that consolidates historically siloed back-office functions into a centralized support structure that operates globally across regions and functions. The partnership positions DXC as an early validator of Core Business Suite’s AI-powered capabilities, scaling solutions internally before delivering them as market-ready client offerings. 

This expanded collaboration builds on DXC’s 17‑year partnership with ServiceNow and deepens the work of their joint AI Innovation Center of Excellence (CoE), established in 2024 to accelerate AI‑driven business transformation. The CoE applies a proven AI blueprint methodology rooted in industrialized AI assets, accelerators and execution frameworks. Together, the two companies help customers accelerate agentic AI capabilities, optimize existing technology investments and address complex, multivendor operational challenges with governed, human‑centered AI. DXC’s teams of AI architects, automation engineers and adoption specialists work directly with customers to prioritize high‑impact use cases and deploy AI responsibly, reliably and at scale.

As an Elite ServiceNow Partner, DXC has delivered business innovation and AI-enabled ServiceNow solutions for customers globally. With more than 1,800 ServiceNow expert consultants, DXC helps customers around the world streamline AI adoption and maximize the value of their ServiceNow investments. To learn more about DXC and ServiceNow’s partnership, visit www.dxc.com/servicenow.

About DXC Technology 

DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world’s most complex technology estates. Learn more on dxc.com.

ServiceNow, the ServiceNow logo, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

MIAMI, April 7, 2026 /PRNewswire/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $74 billion of capital under management, is pleased to announce that Brian Schwartz, a longstanding member of H.I.G.’s leadership team and the firm’s Co-President, has been appointed Chief Executive Officer. Mr. Schwartz succeeds Co-Founder Sami Mnaymneh, who will transition to Executive Chairman alongside fellow Co-Founder Tony Tamer. As Executive Chairman, Mr. Mnaymneh will remain actively involved in the firm and continue to serve on the firm’s investment committees and support the firm’s strategic direction.

In addition, Doug Berman, Head of U.S. Private Equity, has been promoted to Co-President, serving alongside current Co-President, Rick Rosen. The promotions reflect H.I.G.’s continued evolution as a scaled global alternative assets platform and position the firm for its next phase of growth.

Since founding H.I.G. in 1993, Mr. Mnaymneh and Mr. Tamer have guided the firm’s expansion into a global platform spanning private equity, credit, and real assets, including real estate and infrastructure. Under their leadership, H.I.G. has grown to over 1,000 team members in 18 core offices across nine countries and executed more than 3,500 transactions.

“For more than three decades, H.I.G. has built a leading position in the middle market, combining global reach with an operational approach to value creation that has delivered exceptional results for our investors,” said Mr. Mnaymneh. “The firm has reached a scale and depth of leadership where this transition is both natural and strategically important. Brian has been instrumental to our success and a key driver of the firm’s growth and evolution. I am confident that under his leadership, H.I.G. is very well positioned to further build on its middle market leadership position. I look forward to working with him as the firm builds on its strong foundation.”

Mr. Schwartz joined H.I.G. in 1994 and has held a range of senior leadership roles. He has been a key architect of the firm’s evolution, helping to scale H.I.G. into a global, multi-strategy platform. As Co-President for over the past six years, Mr. Schwartz oversaw day-to-day operations and served on the investment committees for all H.I.G. funds, working closely with the firm’s Co-Founders and Mr. Rosen to drive firmwide growth and strategic initiatives.

“It is an honor to step into the role of CEO and to lead H.I.G. at this important point in its evolution,” said Mr. Schwartz. “I am deeply grateful to Sami and Tony for building a firm defined by disciplined investing, operational focus, and a strong culture. With our differentiated platform and experienced team, we are well positioned to capitalize on opportunities and continue delivering strong outcomes for our investors.”

Mr. Berman, who is being promoted to Co-President, joined H.I.G. in 1996. He currently serves on the firm’s executive committee and has led H.I.G.’s U.S. Private Equity business through a period of significant growth, expanding the firm’s middle-market private equity platform and investment offerings. As Co-President, he will help drive firmwide investment strategy and operational execution alongside Mr. Rosen.

“Having led our U.S. Private Equity business, I’ve spent my time focused on investing, building businesses, and working closely with management teams,” said Mr. Berman. “In this role, my priority is to ensure we stay disciplined in how we invest, stay close to our portfolio companies, and continue to execute at a high level across the firm. I look forward to partnering with Brian and Rick as we continue to execute on the opportunities we see in our markets.“

About H.I.G. Capital

H.I.G. is a leading global alternative investment firm with $74 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

• H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
• H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
• H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
• H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contact:
Media Relations
media@hig.com

H.I.G. Capital
1450 Brickell Ave
31st Floor
Miami, FL 33131
P: 305.379.2322
hig.com

Combined capabilities of Infosys Topaz, Infosys Cobalt, and Harness AI to help accelerate productivity, improve reliability, and scale AI adoption

BENGALURU, India, April 7, 2026 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, and Harness, the AI Software Delivery Platform™ company, today announced a strategic collaboration to accelerate agentic AI-led software delivery transformation for enterprises globally.

This collaboration aligns the combined capabilities of Infosys Topaz Fabric and Infosys Cobalt, with the Harness Software Delivery Platform to drive improvements in productivity, software engineering, AI governance, and time-to-market at scale. Infosys Topaz Fabric is a purpose-built agentic services suite – a multi-layer AI fabric that unifies infrastructure, models, data, applications, and workflows into a composable, agent-ready ecosystem.

Engineering teams often spend a majority of their time on downstream activities, such as testing, deployment, security, governance, reliability, and cost optimization, relying on manual and fragmented processes that slow releases and increase operational risk. Infosys and Harness aim to address these challenges by standardizing and automating the end-to-end path from code to production by applying AI to everything after code across the software delivery lifecycle. The collaboration brings context-aware intelligence and automation into software delivery.

Together, Infosys and Harness will offer integrated solutions designed to support large–scale modernization and transformation programs, with a focus on complex, high–scale, and regulated environments.

Harness’ delivery intelligence is grounded in real-world signals, helping enterprises apply AI in a safer, more governed, and auditable manner. When integrated with Infosys Cobalt cloud offerings, these capabilities are designed to support consistent deployment across hybrid and multi–cloud environments.

Salil Parekh, Chief Executive Officer, Infosys, said, “As AI accelerates change, enterprises need delivery systems that are faster, more reliable, and governed by design. Our collaboration with Harness combines Infosys Topaz and Infosys Cobalt offerings to help clients unlock AI value and translate their AI ambition into scalable, reliable execution – with trust and governance built in. Together, we are enabling a more disciplined path from innovation to production, embedding security, compliance, and resilience into how software is delivered across complex environments. This is an important step in helping enterprises adopt AI responsibly, accelerate outcomes, and sustain long–term advantage.”

Jyoti Bansal, Co-founder and Chief Executive Officer, Harness, said, “As AI accelerates code generation, the real challenge for enterprises is ensuring that innovation reaches production safely and efficiently. This creates what we call the AI Velocity Paradox: development speeds up, but downstream processes like testing, security, compliance, and deployment struggle to keep pace – introducing new risk and complexity. By bringing Harness’s intelligent delivery platform together with Infosys’ deep enterprise expertise, we’re helping organizations deliver AI-driven software innovation with greater speed, predictability, and control.”

About Harness

Harness is the AI Software Delivery Platform™ company, enabling engineering teams to build, test, and deliver software faster and more securely. Powered by Harness AI and the Software Delivery Knowledge Graph, the platform brings intelligent automation to every stage of the software delivery lifecycle after code—removing toil and freeing developers from manual, repetitive work. Companies like United Airlines, Morningstar, and Choice Hotels use Harness to accelerate releases by up to 75%, cut cloud costs by 60%, and achieve 10x efficiency across DevOps. Based in San Francisco, Harness is backed by Goldman Sachs, Menlo Ventures, IVP, Unusual Ventures, and Citi Ventures.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 330,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in 63 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence (“AI”), generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Contract Exceeding SGD $5 Million Strengthens Recurring Revenue and Diversifies IFM Client Portfolio

SINGAPORE, April 7, 2026 /PRNewswire/ — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that its IFM subsidiary, Hong Ye Group Pte. Ltd., has been awarded a contract for high-level cleaning services with a major state-owned transportation authority in Singapore, commencing April 1, 2026. The contract’s option to extend at the client’s discretion brings the potential total value to more than SGD $5 million, enhancing the stability and visibility of YY Group’s recurring service revenues.

This contract win represents a significant milestone in YY Group’s growth and sector diversification strategy, marking an expansion into Singapore’s public transportation infrastructure sector and underscoring the Company’s ability to meet the rigorous operational, safety, and compliance standards required by entities managing critical national infrastructure. It also further broadens the Company’s client and revenue base, adding public transportation to an existing IFM customer portfolio spanning hotels, shopping malls, hospitals, commercial office buildings, and financial institutions.

Mike Fu, Group Chief Executive Officer of YY Group, commented, “Securing this long-term contract with a major state-owned transportation authority is a powerful validation of YY Group’s service capabilities and opens a significant new growth vertical for our IFM business. This win reflects a return on the operational investments and strategic acquisitions we made in 2025, which have transformed our platform and positioned us to compete for larger, longer-duration contracts. The contract provides meaningful long-term revenue visibility and supports our broader strategy of building a diversified, recurring revenue base. As Singapore continues to invest in expanding and maintaining its world-class public infrastructure, we are well-equipped to deliver the required high standards of facility maintenance, reinforcing our leadership in Singapore’s IFM industry.”

Under this engagement, Hong Ye Group will deliver specialized high-level cleaning services across a comprehensive network of elevated and underground rail stations, as well as multiple train depots. The scope of work encompasses station infrastructure spanning several major rail lines and light rail systems operated by one of Singapore’s largest public transport operators. Hong Ye Group has already begun mobilizing dedicated teams, operational workflows, and workforce management technologies to ensure seamless service delivery from the contract’s commencement.

The addition of this contract further strengthens YY Group’s position at the forefront of Singapore’s high-potential IFM landscape. The Company will continue pursuing opportunities in both established and emerging market segments as part of its broader strategy to diversify and scale across sectors, deepen client relationships, and build long-term recurring revenue streams.

About YY Group Holding Limited

YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, AI-powered workforce solutions and integrated facility management (IFM) provider operating across Asia and beyond. The Company’s intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan and optimize workforce deployment. In YY Group’s IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail and mixed-use facilities.

As both business lines scale, the Company is systematically embedding AI and automation capabilities to improve service quality, reduce deployment costs, and drive long-term margin expansion.

Listed on the Nasdaq Capital Market, YY Group is committed to platform innovation, measurable client outcomes, and long-term value creation.

For more information on the Company, please visit https://yygroupholding.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com

Contract Exceeding SGD $5 Million Strengthens Recurring Revenue and Diversifies IFM Client Portfolio

SINGAPORE, April 7, 2026 /PRNewswire/ — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that its IFM subsidiary, Hong Ye Group Pte. Ltd., has been awarded a contract for high-level cleaning services with a major state-owned transportation authority in Singapore, commencing April 1, 2026. The contract’s option to extend at the client’s discretion brings the potential total value to more than SGD $5 million, enhancing the stability and visibility of YY Group’s recurring service revenues.

This contract win represents a significant milestone in YY Group’s growth and sector diversification strategy, marking an expansion into Singapore’s public transportation infrastructure sector and underscoring the Company’s ability to meet the rigorous operational, safety, and compliance standards required by entities managing critical national infrastructure. It also further broadens the Company’s client and revenue base, adding public transportation to an existing IFM customer portfolio spanning hotels, shopping malls, hospitals, commercial office buildings, and financial institutions.

Mike Fu, Group Chief Executive Officer of YY Group, commented, “Securing this long-term contract with a major state-owned transportation authority is a powerful validation of YY Group’s service capabilities and opens a significant new growth vertical for our IFM business. This win reflects a return on the operational investments and strategic acquisitions we made in 2025, which have transformed our platform and positioned us to compete for larger, longer-duration contracts. The contract provides meaningful long-term revenue visibility and supports our broader strategy of building a diversified, recurring revenue base. As Singapore continues to invest in expanding and maintaining its world-class public infrastructure, we are well-equipped to deliver the required high standards of facility maintenance, reinforcing our leadership in Singapore’s IFM industry.”

Under this engagement, Hong Ye Group will deliver specialized high-level cleaning services across a comprehensive network of elevated and underground rail stations, as well as multiple train depots. The scope of work encompasses station infrastructure spanning several major rail lines and light rail systems operated by one of Singapore’s largest public transport operators. Hong Ye Group has already begun mobilizing dedicated teams, operational workflows, and workforce management technologies to ensure seamless service delivery from the contract’s commencement.

The addition of this contract further strengthens YY Group’s position at the forefront of Singapore’s high-potential IFM landscape. The Company will continue pursuing opportunities in both established and emerging market segments as part of its broader strategy to diversify and scale across sectors, deepen client relationships, and build long-term recurring revenue streams.

About YY Group Holding Limited

YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, AI-powered workforce solutions and integrated facility management (IFM) provider operating across Asia and beyond. The Company’s intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan and optimize workforce deployment. In YY Group’s IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail and mixed-use facilities.

As both business lines scale, the Company is systematically embedding AI and automation capabilities to improve service quality, reduce deployment costs, and drive long-term margin expansion.

Listed on the Nasdaq Capital Market, YY Group is committed to platform innovation, measurable client outcomes, and long-term value creation.

For more information on the Company, please visit https://yygroupholding.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com

GWACHEON, South Korea, April 7, 2026 /PRNewswire/ — Park Systems Corp., the world’s leading provider of atomic force microscopy (AFM) solutions, today announced the opening of its new global headquarters in Gwacheon city, South Korea. The new campus marks the culmination of three decades of growth and the beginning of a new phase of global expansion.

Park Systems’ New Global Headquarters

The Gwacheon campus reflects Park Systems’ evolution from a Stanford-born research venture into a global leader in nanometrology. Located in Gwacheon Knowledge & Information Town near Seoul, the campus spans 27,000 square meters across 15 above-ground floors and 5 basement levels.

At the core of the facility is a basement-level industrial cleanroom with capacity for up to 35 industrial-grade metrology systems, designed to support the precision requirements of semiconductor fabrication and advanced packaging applications.

Dedicated research and demonstration labs provide a hands-on environment where customers can perform live measurements across Park Systems’ nanometrology portfolio—including AFM, imaging spectroscopic ellipsometry, and digital holographic microscopy—with direct support from application and engineering teams. More than 26% of the company’s global workforce is dedicated to R&D, a focus the new campus is designed to support and expand.

“For thirty years, we have pushed the limits of nanoscale measurement,” said Dr. Sang-il Park, Founder and CEO of Park Systems. “This new headquarters marks the beginning of our next phase of innovation as we continue to advance the boundaries of nanometrology.”

The Gwacheon headquarters also reflects Park Systems’ commitment to its people. Employee facilities include a fitness center, on-site childcare, a golf simulator lounge, and a cafeteria offering complimentary meals—supporting a work environment designed for long-term productivity and innovation.

Park Systems achieved a compound annual growth rate (CAGR) of 26% from 2015 to 2025 and was recognized as the global AFM market leader by MarketsandMarkets in its 2024 report, marking three consecutive years in the top position.

The company has been named to Forbes Asia’s Best Under a Billion list in 2020, 2023, and 2025, and has expanded its portfolio through the acquisitions of Accurion GmbH and Lyncée Tec SA.

ABOUT PARK SYSTEMS
Park Systems is a global leader in nanometrology, providing advanced measurement solutions for research and industrial applications. With regional offices across the Americas, Europe, and Asia, the company supports customers in semiconductor manufacturing, materials science, and nanotechnology research.

Its technology portfolio includes atomic force microscopy (AFM), imaging spectroscopic ellipsometry, digital holographic microscopy, white light interferometry, and active vibration isolation systems.

Founded by Dr. Sang-il Park, a contributor to the invention of AFM at Stanford University, the company has grown through continuous innovation and strategic acquisitions—including Accurion GmbH and Lyncée Tec SA—to lead the global nanometrology industry. Learn more at www.parksystems.com

• A nationwide initiative is linking tourism, retail, and small businesses to turn local consumption into a coordinated economic stimulus

SEOUL, South Korea, April 7, 2026 /PRNewswire/ — Amid evolving global economic conditions, South Korea is exploring a distinctive approach to economic stimulus – one that goes beyond traditional fiscal or monetary measures, and instead focuses on mobilizing consumption.

At the center of this approach is the Donghaeng Festival (K-Shopping Festa or 동행축제 in Korean), a nationwide initiative led by Korea’s Ministry of SMEs and Startups, literally meaning a “shared journey” or collective participation. What began as a seasonal sales campaign has evolved into a nationwide mechanism designed to channel spending toward small businesses and local economies.

A Nationwide Consumption Framework

The April 2026 edition illustrates the scale of this effort. Over a 30-day period, the festival brings together more than 33,000 SMEs and micro businesses across approximately 200 distribution channels, while connecting consumption to more than 50 regional festivals nationwide.

Scale alone does not explain its significance.

The Donghaeng Festival operates as a coordinated system. Travel, cultural events, and retail promotions are not run in parallel – they are structurally linked. Visitors are drawn into regional areas through festivals and tourism programs, and that movement is then converted into local spending across traditional markets, neighborhood stores, and small business networks.

The result is a deliberate circulation of demand – redirecting consumption away from concentration in major urban centers toward a broader economic base.

Government as Market Catalyst

This level of coordination does not emerge organically. It is actively enabled by the government, which brings together central ministries, local authorities, and private-sector platforms into a single operational framework.

Rather than acting as a direct market participant, the state functions as a catalyst – aligning incentives, lowering participation barriers, and synchronizing fragmented actors. Discount schemes, digital vouchers, and partnerships with major retailers and financial institutions are designed to accelerate consumer spending while ensuring that it reaches smaller businesses.

In effect, policy is used not to replace the market, but to organize it.

Impact on Small Businesses

For small and micro enterprises, the effects are immediate.

Many operate with limited financial buffers, making short-term demand fluctuations critical. The festival creates concentrated periods of high visibility and purchasing activity, allowing businesses to generate revenue, improve cash flow, and stabilize operations within a relatively short timeframe.

This is particularly significant outside major metropolitan areas, where local businesses are more exposed to declines in foot traffic and consumer demand.

Measured Economic Effects

The economic impact is increasingly measurable.

In 2025, three rounds of the Donghaeng Festival generated substantial sales volumes:

• KRW 313.5 billion (USD 209 million) in March
• KRW 702.2 billion (USD 468 million) in May
• KRW 1.39 trillion (USD 927 million) in September

Notably, indirect sales – reflecting spillover effects into surrounding commercial areas – account for a significant share of total activity. This suggests that the festival’s impact extends beyond official sales channels, stimulating broader local economies.

Local Economies, Tangible Effects

At the regional level, the outcomes are more modest in scale but highly concentrated.

Previous editions drew tens of thousands of visitors to local events, including around 18,000 visitors to Jeju Island, one of Korea’s primary tourism destinations, and approximately 9,000 visitors to Gwangju, a major regional city in the southwest.

For participating businesses, sales generated through these regional programs ranged from KRW 708 million (USD 470,000) to KRW 2.017 billion (USD 1.34 million) per cycle.

Such figures may appear limited in aggregate terms, but they represent meaningful gains for small merchants and local producers – where incremental revenue can directly affect business continuity.

Expanding Market Access

Another defining feature is the integration of distribution channels.

Participating firms are able to access a wide range of platforms simultaneously – from e-commerce and live commerce to department stores, hypermarkets, and convenience retail networks. This reduces structural barriers that typically limit small businesses’ access to larger markets.

The result is not just increased sales, but expanded visibility.

Beyond Short-Term Stimulus: A Model for Consumption-Led Growth

The Donghaeng Festival also serves a broader function in revitalizing domestic consumption. By aligning retail promotions with tourism and cultural experiences, it encourages both Korean consumers and international visitors to participate in local spending across regions.

For domestic households, the festival lowers the threshold for consumption through coordinated discounts and incentives, creating timely opportunities to re-engage with everyday spending. For international visitors, it offers structured entry points into Korea’s local economies – connecting travel experiences with neighborhood markets, regional products, and small businesses.

In this way, the initiative reinforces consumption not as a one-off response, but as a more sustained pattern of spending – linking short-term demand activation with a more resilient domestic consumption base.

Beyond its immediate impact, the model also carries broader policy implications on how consumption can be effectively mobilized.

The Donghaeng Festival demonstrates how domestic demand can be activated in a targeted and inclusive way – by integrating tourism, culture, and retail into a unified system that engages both residents and visitors. Rather than treating consumption as a passive outcome, it is actively designed and guided toward sectors and regions where its impact is most needed.

This approach builds growth not through isolated interventions, but through coordinated participation at scale – where individual spending, whether by local consumers or international tourists, contributes to a broader economic effect.

In a period defined by uncertainty, it offers a practical proposition: that strengthening domestic consumption – supported by both local demand and visitor spending – can provide a more stable foundation for economic resilience.

Rather than relying solely on large-scale policy shifts, the Donghaeng Festival suggests that growth can also be built through coordinated, everyday spending – distributed across regions, sectors, and communities.