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Mowilex Marks Seven Years of Verified Carbon Neutrality, Accelerates Permanent Emissions Reduction

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Key News Highlights:

  • Seven consecutive years of verified carbon neutrality, covering all Scope 1 and 2 emissions and significant elements of Scope 3.
  • Direct investment in on-site solar power at headquarters and manufacturing operations.
  • Shift from certification-led accounting toward infrastructure-based emissions reduction.

JAKARTA, Indonesia, Dec. 29, 2025 /PRNewswire/ — PT Mowilex Indonesia has marked seven consecutive years of verified carbon neutrality, reflecting a long-term and disciplined approach to emissions management while accelerating its transition toward permanent, infrastructure-based reductions.

Mowilex’s Cikande manufacturing facility, where a solar installation completed in 2025 is designed to reduce plant electricity consumption by up to 25 percent.
Mowilex’s Cikande manufacturing facility, where a solar installation completed in 2025 is designed to reduce plant electricity consumption by up to 25 percent.

Since first verifying its carbon footprint in 2018, Mowilex has expanded the scope and rigor of its carbon accounting to include all Scope 1 and Scope 2 emissions, as well as significant elements of Scope 3. This has required progressively tighter operational boundaries, deeper engagement with suppliers, and closer integration of carbon management into operational and energy planning.

Emissions calculations are independently verified by SCS Global, in line with internationally recognized greenhouse gas accounting standards.

“Over time, carbon management has moved from being a reporting exercise to something that directly informs how we plan energy use, manage operations, and prioritize investments,” said Yossy Tresinya Prameswari, Chief Supply Chain Officer of Mowilex Indonesia. “That shift has been essential in making emissions reduction practical and repeatable, not just aspirational.”

Electricity represents the largest share of Mowilex’s energy use, accounting for approximately 71 percent of total consumption. To address this, the company ensures that purchased electricity across its operations is matched with certified renewable energy sources, while simultaneously investing in on-site renewable generation to reduce reliance on the grid.

In 2025, Mowilex completed a large-scale rooftop solar installation at its Cikande manufacturing facility, designed to reduce plant electricity consumption by up to 25 percent. Earlier investments include rooftop solar installations at the company’s Head Office, which have been supplying renewable electricity since 2023 and currently cover up to 25 percent of the building’s power needs.

“We cover all Scope 1 and 2 emissions, and we include the parts of Scope 3 we can credibly measure today,” said Niko Safavi, CEO of Mowilex Indonesia. “Scope 3 is the hardest part — anyone in manufacturing knows that — but ignoring it does not make it disappear. Real progress comes from execution and infrastructure, not certificates alone.”

To further strengthen transparency and consistency, Mowilex has transitioned its carbon accounting framework to ISO 14064, an internationally recognized standard for greenhouse gas reporting.

Other information on Mowilex’s environmental, social, and governance (ESG) approach is available at esg.mowilex.com.

About PT Mowilex Indonesia

Founded in 1970, PT Mowilex Indonesia, a subsidiary of Asia Coatings Enterprises Pte. Ltd., is a producer of premium decorative paints and coatings in Indonesia. The company pioneered water-based paint technology in Indonesia and is recognized for consistent product quality, strong brand trust, and a loyal customer base. Mowilex offers a wide range of environmentally friendly, low- and zero-VOC products and was recognized by Deloitte as one of Indonesia’s Best Managed Companies for the fourth consecutive year in 2025, achieving Gold Standard status.

First Phosphate Common Shares Added to the CSE25 Index

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Advertorial Desk
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Saguenay, Quebec – Newsfile Corp. – December 29, 2025 – First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce that, effective December 19, 2025, its common shares have been added to the CSE25 Index as part of the Canadian Securities Exchange’s (“CSE”) quarterly index rebalancing.

The CSE 25 Index is comprised of the 25 leading companies listed on the CSE, selected based on market capitalization and liquidity criteria. Inclusion in the index increases visibility among institutional and retail investors and results in broader exposure through index-linked investment products and mandates.

“Inclusion in the CSE25 reflects the growing recognition of First Phosphate’s strategic positioning within the North American critical minerals and energy transition ecosystem,” said John Passalacqua, CEO of First Phosphate. “As lithium iron phosphate (“LFP”) batteries are now the dominant chemistry for grid-scale energy storage, data centers and mobility applications, investors are increasingly focused on secure, domestic sources of high-purity phosphate and our differentiated, vertically integrated platform to serve that demand.”

First Phosphate is advancing a rare, high-purity igneous phosphate resource in Saguenay-Lac-Saint-Jean, Quebec, with the objective of supplying high purity phosphate-based downstream materials required for LFP batteries. The Company’s mine-to-market strategy is focused on onshoring critical battery materials, reducing supply chain risk, and supporting North American energy security.

First Phosphate has recently produced commercial-grade LFP 18650 battery cells using North American critical minerals: https://firstphosphate.com/north-american-lfp-battery-cells

The high-purity phosphoric acid and iron powder for these LFP 18650 battery cells was produced using rare igneous anorthosite rock extracted from the Company’s Bégin-Lamarche property in Saguenay-Lac-Saint-Jean, Quebec.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/279099_3516aef334ac8b75_001full.jpg

About First Phosphate Corp.
First Phosphate (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is a mineral exploration, development and cleantech company dedicated to building and onshoring a vertically integrated mine-to-market lithium iron phosphate (LFP) battery supply chain for North America. Target markets include energy storage, data centers, robotics, mobility and national security. First Phosphate’s flagship Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec, Canada is a North American rare igneous phosphate resource yielding high-purity phosphate with minimal impurities.

Media & Investor Contact:
Bennett Kurtz
Chief Financial Officer
bennett@firstphosphate.com
Tel: +1 (416) 200-0657

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
X: https://x.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statements

This release includes certain statements that may be deemed “forward-looking information”. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In particular, this press release contains forward-looking information relating to, among other things: increased visibility among institutional and retail investors and broader exposure through index-linked investment products and mandates resulting from inclusion in the CSE25 index; supplying high purity phosphate-based downstream materials required for LFP batteries; the Company’s plans for onshoring critical battery materials, reducing supply chain risk, and supporting North American energy security; and the Company’s plans for building and onshoring a vertically integrated mine-to-market LFP battery supply chain for North America. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include development and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions; there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company’s expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company’s relationship with First Nations and other Indigenous parties remaining consistent with the Company’s expectations; the Company’s relationship with other third party partners and suppliers remaining consistent with the Company’s expectations; and government relations and actions being consistent with Company expectations. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. The Company does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. All forward-looking information contained in this release is qualified by these cautionary statements.

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

About First Phosphate Corp.

Equestrian Show Like Never Before: Global Showjumping Elite to Compete at the UAE President Cup Showjumping with Record AED 3.24 Million Prize Pool

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Advertorial Desk
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Abu Dhabi Equestrian Club to host the UAE’s highest-value CSI5 showjumping event, bringing together the nation’s top patrons and international elite riders.

ABU DHABI, UAE, Dec. 29, 2025 /PRNewswire/ — This January, Abu Dhabi will take centre stage on the global sporting calendar as Abu Dhabi Equestrian Club (ADEC) hosts the UAE President’s Cup International Showjumping from 7–11 January 2026, delivering five days of elite competition, curated entertainment, and elevated lifestyle experiences. 

Abu Dhabi Equestrian Club hosts the UAE President’s Cup International Showjumping from 7–11 January 2026
Abu Dhabi Equestrian Club hosts the UAE President’s Cup International Showjumping from 7–11 January 2026

Featuring the highest record prize pool offered for showjumping in the UAE, worth AED 3.24 million, the championship will welcome the world’s top-ranked riders, world-class horses, and key patrons of the sport, compete for one of the most prestigious five-star (CSI5*) across five days of top-tier competition. The event is held under the supervision of the Fédération Équestre Internationale (FEI) and the UAE Equestrian and Racing Federation.

Hosted at Abu Dhabi Equestrian Club, a historic institution established in 1976 and long recognised as a pillar of equestrian sport in the UAE, the UAE President’s Cup reflects ADEC’s continued role in shaping the region’s equestrian future while reinforcing Abu Dhabi’s position as a global hub for elite showjumping.

The championship will feature three concurrent international competitions:

  • CSI5* with total prize money of €718,000 (approximately AED 2.85 million)
  • CSI2* offering €74,000 (approximately AED 295,000)
  • CSIYH1* for young horses with €20,000 (approximately AED 80,000)

This multi-tiered format reinforces ADEC’s commitment to developing the sport at every level, expanding the sport’s global reach while positioning Abu Dhabi as an international hub for equestrian excellence.

International Elite Line-Up

The championship will welcome a distinguished field of FEI-ranked international riders, including:

  1. Daniel Deusser
  2. Emanuele Gaudiano
  3. Henrik Von Heckerman
  4. Janika Sprunger
  5. Joe Stockdale
  6. Abdel-Qader Saïd

A World-Class Venue and Spectator Experience

This 5-star event will be held at ADEC’s state-of-the-art 54-acre equestrian and lifestyle destination, designed to deliver an exceptional experience for both athletes and spectators. The venue features FEI-standard indoor and outdoor arenas, air-conditioned stables, lush grass paddocks prioritising horse welfare, an on-site veterinary clinic, and extensive training and hacking tracks.

Beyond the competition, spectators can enjoy a comprehensive programme of hospitality, entertainment, and lifestyle activations, including:

  • Premium hospitality experiences
  • Curated food and beverage pop-ups at The Arcades Courtyard, alongside premium restaurants such as Homebakery, BKRY, Espresso Lab, and more.
  • Family-friendly children’s activities and equestrian experiences
  • Live entertainment and a closing ceremony

Beyond the arena, the UAE President’s Cup Showjumping is designed as a full-scale entertainment spectacle. Across five extraordinary days, guests can expect curated hospitality experiences, live entertainment, family-friendly activations, exclusive merchandise, and immersive moments created for every age group. From elite sport to elevated lifestyle, this is more than a competition, it’s a celebration of excellence, elegance, and unforgettable experiences.

Tickets & Access 

General admission is free. For a more elevated experience, Horsemen’s Lounge Day Passes and Table Packages are available via Platinumlist: https://adec.platinumlist.net/?utm_source=prmedia&utm_medium=PRL&utm_campaign=PrMedia

ECARX Announces US$23 Million Strategic Investment in Lotus Technology to Deepen Global Partnership

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Advertorial Desk
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LONDON, Dec. 29, 2025 /PRNewswire/ — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, announced that it entered into a share subscription agreement (the “Subscription Agreement”) on December 23, 2025, with Lotus Technology Inc. (“Lotus Tech”) (Nasdaq: LOT), to strategically invest US$23 million through a private placement.

Pursuant to the Subscription Agreement, ECARX will subscribe for a total of 16,788,321 newly issued ordinary shares of Lotus Tech at a price of US$1.37 per ordinary share, subject to customary closing conditions. The investment is expected to close within 30 days following the execution of the Subscription Agreement. The ordinary shares to be issued in this private placement will be subject to a six-month lock-up period, with certain customary exceptions.

The strategic investment is designed to significantly broaden the collaborative framework between the two companies, deepening the existing relationship into a more integrated, strategic global partnership. Both companies will initially focus on deploying ECARX’s Pikes® computing platform and Cloudpeak® cross-domain software stack with full Google Automotive Services integration in Lotus Tech’s vehicles globally – accelerating ECARX’s global expansion.

Mr. Ziyu Shen, Chief Executive Officer and Chairman of ECARX, commented, “This strategic investment represents a natural and significant step forward in our evolving partnership with Lotus Tech, building upon the deep technical collaboration we already share. Lotus is an iconic brand with strong global recognition, and I remain optimistic about its growth potential in international markets. I look forward to seeing our Pikes computing platform combined with our world-leading Cloudpeak software platform empower Lotus to establish a robust foundation for the next-generation intelligent driving experience worldwide.”

Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech, commented, “This investment strengthens our long-standing partnership with ECARX, a pivotal collaborator in our mission to redefine in-vehicle intelligence. This strengthened partnership underscores the deepened global collaboration with ECARX and our shared unwavering commitment to accelerate innovation of next-generation intelligent cockpit ecosystems to deliver unparalleled AI-driven experiences. It also demonstrates a strong vote of confidence in our long-term value creation for shareholders.” 

The securities offered in this private placement have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state or other applicable jurisdiction’s securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About ECARX

ECARX (Nasdaq: ECX) is a global automotive technology provider with capabilities to deliver turnkey solutions for next‑generation smart vehicles, from the system‑on‑a‑chip (SoC) to central computing platforms and software. As automakers develop new vehicle architectures, ECARX is developing full‑stack solutions to enhance the user experience while reducing complexity and cost.

Founded in 2017 and listed on Nasdaq in 2022, ECARX now has over 1,500 employees based in 13 major locations in China, UK, USA, Brazil, Singapore, Malaysia, Sweden and Germany. The co‑founders are two automotive entrepreneurs: Chairman and CEO Ziyu Shen and Eric Li (Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group. To date, ECARX products can be found in approximately 10 million vehicles worldwide.

About Lotus Technology Inc.

Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalisation and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.

Investor Contacts:
ir@ecarxgroup.com 

AZX, an OderBook DEX, Debuts Beta Testing with Breakthrough Performance and Innovation

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Advertorial Desk
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PANAMA CITY, PANAMA – Media OutReach Newswire – 29 December 2025 – AZX, a next-generation decentralized exchange (DEX) built on the trading-optimized AZ Axis blockchain network, announced the launch of its Beta testing, introducing groundbreaking performance capabilities and innovative features designed to bridge the gap between traditional finance and decentralized trading.

AZX represents a technological leap in decentralized trading infrastructure. It is an order-book DEX built on Axis technology, an infrastructure designed for trading. The platform can now achieve an impressive P99 latency of under 20 ms. Backed by professional market-making teams, AZX also provides robust orderbook liquidity, providing a solid on-chain solution for high-frequency and professional trading scenarios that demand speed, precision, and reliability. It demonstrates remarkable achievement in critical performance indicators for decentralized exchanges.

AZX is committed to lowering the entry barrier to DeFi and addressing the challenges in accessibility. It introduces a revolutionary onboarding process, which allows users to register with an email address and get their automatically generated on-chain addresses. AZX also supports logging in via multiple popular wallets, building a seamless, secure, and user-friendly entry point. Such a design makes significant progress in the accessibility of DeFi and professional trading, and is a ground-breaking innovation to realize the mass adoption of DeFi with improved usability, while preserving its core feature of self-custody.

The launch is also accompanied by a comprehensive contributor rewards program that enables users to accumulate points through trading and submitting feedback as early contributors. It reflects a mature, community-driven product development model that goes beyond technical testing.

Hashtag: #cryptoexchange #Bitcoin #Crypto #Exchange #AZX #DeFi



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

About AZX

is a high-performance order-book DEX built on the innovative Axis technology. Aiming to ““, AZX envisions providing feasible solutions to the fundamental challenges in cross-ecosystem asset flow and integration, offering a compelling long-term narrative around financial infrastructure innovation. As an auditable, high-performance bridge connecting traditional finance and decentralized finance, AZX positions itself at the forefront of the next evolution in global finance, with an ultimate ambition that goes beyond building another crypto DEX: to empower users and developers with the foundational layer to compose financial applications that were previously impossible.

AZX, an Oder-Book DEX, Debuts Beta Testing with Breakthrough Performance and Innovation

By
Advertorial Desk
-

PANAMA CITY, PANAMA – Media OutReach Newswire – 29 December 2025 – AZX, a next-generation decentralized exchange (DEX) built on the trading-optimized AZ Axis blockchain network, announced the launch of its Beta testing, introducing groundbreaking performance capabilities and innovative features designed to bridge the gap between traditional finance and decentralized trading.

AZX represents a technological leap in decentralized trading infrastructure. It is an order-book DEX built on Axis technology, an infrastructure designed for trading. The platform can now achieve an impressive P99 latency of under 20 ms. Backed by professional market-making teams, AZX also provides robust orderbook liquidity, providing a solid on-chain solution for high-frequency and professional trading scenarios that demand speed, precision, and reliability. It demonstrates remarkable achievement in critical performance indicators for decentralized exchanges.

AZX is committed to lowering the entry barrier to DeFi and addressing the challenges in accessibility. It introduces a revolutionary onboarding process, which allows users to register with an email address and get their automatically generated on-chain addresses. AZX also supports logging in via multiple popular wallets, building a seamless, secure, and user-friendly entry point. Such a design makes significant progress in the accessibility of DeFi and professional trading, and is a ground-breaking innovation to realize the mass adoption of DeFi with improved usability, while preserving its core feature of self-custody.

The launch is also accompanied by a comprehensive contributor rewards program that enables users to accumulate points through trading and submitting feedback as early contributors. It reflects a mature, community-driven product development model that goes beyond technical testing.

Hashtag: #cryptoexchange #Bitcoin #Crypto #Exchange #AZX #DeFi



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

About AZX

is a high-performance order-book DEX built on the innovative Axis technology. Aiming to ““, AZX envisions providing feasible solutions to the fundamental challenges in cross-ecosystem asset flow and integration, offering a compelling long-term narrative around financial infrastructure innovation. As an auditable, high-performance bridge connecting traditional finance and decentralized finance, AZX positions itself at the forefront of the next evolution in global finance, with an ultimate ambition that goes beyond building another crypto DEX: to empower users and developers with the foundational layer to compose financial applications that were previously impossible.

Solidion Technology Awarded A Second Grant From The U.S. Department of Energy For Nuclear Reactors

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Advertorial Desk
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Grant Proceeds Will Accelerate Research Into Anti-Corrosive Additives in Molten-Salts-Based Heat Transfer Fluids For Nuclear Reactors.

DALLAS, Dec. 29, 2025 /PRNewswire/ — Solidion Technology Inc. (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, was notified by the U.S. Department of Energy (DOE) that it has been awarded a grant to scale up the synthesis of a carbon-nanosphere material that will be used as an anti-corrosive additive in molten-salts-based heat transfer fluids for advanced molten salt nuclear reactors.

The Company previously announced that it had received the prestigious 2025 R&D 100 Award in partnership with Oak Ridge National Laboratory (ORNL), for innovation in Electrochemical Graphitization in Molten Salts (E-GRIMS) as well as a grant to advance research and development of Electrochemical Manufacturing of High-Performance Graphite Based on Biomass-Derived Carbon funded by ARPA-E, the Advanced Research Projects Agency, from their highly competitive OPEN program.

KEY HIGHLIGHTS OF SECOND DEPARTMENT OF ENERGY GRANT

  • Collaboration: Research to be conducted jointly with Oak Ridge National Laboratory
  • Diversification: Technology will develop a nanofluids-based energy material, engineered colloidal suspension of hollow carbon nanoparticles in conventional molten salts, to enhance heat transfer and reduce corrosion in nuclear reactors, which is critical for reducing costs, increasing safety, and accelerating the commercialization of small modular nuclear reactors such as advanced molten salt reactors.

Jaymes Winters, Chief Executive Officer of Solidion Technology, stated:

“Consecutive awards from the Department of Energy is proof positive that Solidion is not only innovative in energy storage, but energy processes, liquids and materials as well.”

About Solidion Technology, Inc.

Headquartered in Dallas, Texas with pilot production facilities in Dayton, Ohio, Solidion’s (NASDAQ: STI) core business includes manufacturing of  battery materials and components, as well as development and production of next-generation batteries for energy storage systems, including UPS systems serving the artificial intelligence (AI) data center market and electric vehicles for ground, aerospace, and sea transportation. Solidion holds a portfolio of over 525 patents, covering innovations such as high-capacity, silane gas free and graphene-enabled silicon anodes, biomass-based graphite, advanced lithium-sulfur and lithium-metal technologies.

For more information, please visit www.solidiontech.com or contact Investor Relations.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the “Company,” “Solidion,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

 

Lufax Announces Results of Extraordinary General Meeting

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Advertorial Desk
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SHANGHAI, Dec. 29, 2025 /PRNewswire/ — Lufax Holding Ltd (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced the results of its extraordinary general meeting of shareholders held in Shanghai on Dec 29, 2025.

At the meeting, the following ordinary resolutions submitted for shareholder approval were duly adopted:

  1. The 2026 Services and Products Purchasing Framework Agreement, the transactions contemplated thereunder, and the proposed annual caps for the year ending 31 December 2026, details of which are more particularly described in the Circular, be and are hereby approved, ratified and confirmed; and any one executive Director be and is hereby authorized for and on behalf of the Company to execute, and where required, to affix the common seal of the Company to, any documents, instruments or agreements, and to do any acts and things deemed by him or her to be necessary, expedient or appropriate in order to give effect to and implement the transactions contemplated under the 2026 Services and Products Purchasing Framework Agreement (including the proposed annual cap thereunder for the year ending December 31, 2026);
  2. The 2026 Financial Services Framework Agreement, the transactions contemplated thereunder, and the proposed annual caps for the year ending 31 December 2026, details of which are more particularly described in the Circular, be and are hereby approved, ratified and confirmed; and any one executive Director be and is hereby authorized for and on behalf of the Company to execute, and where required, to affix the common seal of the Company to, any documents, instruments or agreements, and to do any acts and things deemed by him or her to be necessary, expedient or appropriate in order to give effect to and implement the transactions contemplated under the 2026 Financial Services Framework Agreement (including the proposed annual cap thereunder for the year ending December 31, 2026);
  3. The 2026 Ping An Consumer Finance Collaboration Agreement, the transactions contemplated thereunder, and the proposed annual caps for the year ending 31 December 2026, details of which are more particularly described in the Circular, be and are hereby approved, ratified and confirmed; and any one executive Director be and is hereby authorized for and on behalf of the Company to execute, and where required, to affix the common seal of the Company to, any documents, instruments or agreements, and to do any acts and things deemed by him or her to be necessary, expedient or appropriate in order to give effect to and implement the transactions contemplated under the 2026 Ping An Consumer Finance Collaboration Agreement (including the proposed annual cap thereunder for the year ending December 31, 2026); and
  4. The 2026 Account Management Agreement, the transactions contemplated thereunder, and the proposed annual caps for the year ending 31 December 2026, details of which are more particularly described in the Circular, be and are hereby approved, ratified and confirmed; and any one executive Director be and is hereby authorized for and on behalf of the Company to execute, and where required, to affix the common seal of the Company to, any documents, instruments or agreements, and to do any acts and things deemed by him or her to be necessary, expedient or appropriate in order to give effect to and implement the transactions contemplated under the 2026 Account Management Agreement (including the proposed annual cap thereunder for the year ending December 31, 2026).

About Lufax

Lufax is a leading financial services enabler for small business owners in China. Lufax offers financing products designed to address the needs of small business owners and others. In doing so, Lufax has established relationships with 85 financial institutions in China as funding partners, many of which have worked with Lufax for over three years.

Investor Relations Contact

Lufax Holding Ltd
Email: Investor_Relations@lu.com 

ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com 

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