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Huawei Cloud Deepens Reach in Indonesia, Accelerating the Development of an ASEAN AI Engine

JAKARTA, Indonesia, Dec. 4, 2025 /PRNewswire/ — On December 2, 2025, Huawei Cloud Summit Indonesia convened in Jakarta, attracting more than 500 representatives from governments, enterprises, and ecosystem. The summit focused on exploring new opportunities in the AI era and promoting leapfrog development to realize the vision of Digital Indonesia.


Xin Dajiang, Chairman of the Board of Directors, Huawei Indonesia, said in his address that Huawei Cloud collaborates with leading enterprises like Telkomsel, Indosat, XLSmart, PLN, and to serve local giants such as Bluebird, BCA, CT Corp, and Alfamart and hundreds of small- and medium-sized enterprises in Indonesia to foster ecosystem growth, generate employment, and nurture the next generation of digital talent. He noted that Huawei Cloud’s Jakarta Region has three availability zones (AZs). AI and cloud technologies not only offer technical support but also drive innovation in digital transformation of individuals, enterprises, and governments. Huawei Cloud embodies the gotong royong spirit in Indonesia, for Indonesia.

Xin Dajiang, Chairman of the Board of Directors, Huawei Indonesia
Xin Dajiang, Chairman of the Board of Directors, Huawei Indonesia

Indonesia’s large population and diverse industry scenarios are crucial for building an ASEAN AI engine. Sunny Shang, President of Huawei Cloud Asia Pacific emphasized Huawei Cloud’s commitment to continually enhancing local infrastructure and full-stack AI capabilities in Indonesia, accelerating industry intelligence and fostering a thriving ecosystem with more than 300 partners.

Sunny Shang, President, Huawei Cloud Asia Pacific
Sunny Shang, President, Huawei Cloud Asia Pacific

Enhancing local investment and ecosystem development to build a robust cloud foundation for the AI era

In 2022, Huawei Cloud’s 3-AZ data center entered operation, delivering active-active disaster recovery, 99.99% high availability, and 20 ms latency across the country for superior experience. Leon Fang, CEO of Huawei Cloud Indonesia, announced that Huawei Cloud will introduce the fourth AZ in 2026, as part its continued investment in local infrastructure.

Leon Fang, CEO, Huawei Cloud Indonesia
Leon Fang, CEO, Huawei Cloud Indonesia

Huawei Cloud is not just a technology enabler, but a long-term digital transformation partner for local enterprises. During the summit, Huawei Cloud and Telkomsel, Indonesia’s leading telecommunications company, announced an AI partnership to accelerate industry intelligence with full-stack AI capabilities.


Huawei Cloud has established a thriving digital ecosystem in Indonesia, collaborating with more than 300 partners to serve customers across industries. At the event, Huawei Cloud its key partner Telkom released a joint CDN service to improve local content distribution.


Full-stack AI: Innovating for Indonesian enterprises’ future

AI technology paradigms are shifting—from generative to agentic, from public data to industry-specific data, from commercial to open-source models, and from concentrated AI compute to a diverse landscape. Cloud data centers are adapting to these shifts, transforming into an intelligent foundation for the AI era. William Dong, President of Huawei Cloud Marketing, emphasized that Huawei Cloud keeps opening up full-stack AI capabilities to help local customers capitalize on AI opportunities.

William Dong, President, Huawei Cloud Marketing
William Dong, President, Huawei Cloud Marketing

Huawei Cloud continues to strengthen data and AI capabilities by offering leading databases, upgrading data services, and innovating AI platforms. At the data service level, Huawei Cloud launched the next-generation serverless AI-native lakehouse Data Fabric. This provides a high-performance unified lakehouse engine, enabling users to develop T+0 real-time lakehouse solutions. At the engine layer, the latest data warehouse service DWS 3.0 allows for independent scaling of storage and compute on demand. Huawei Cloud database TaurusDB, through in-depth integration with DFV distributed storage, achieves significant advancements in architecture, performance, elastic scaling, and high availability, further enhancing data processing efficiency. In terms of innovative AI platforms, Huawei Cloud offers the one-stop AI development platform ModelArts and the AI agent platform Versatile. These platforms support popular open-source AI models for efficient AI agent development.

Cloud for Good: Empowering sustainable development with cloud and AI

Huawei Cloud stays true to its Cloud for Good philosophy, harnessing cloud and AI technologies to benefit communities, the environment, and sustainable development. Aka Dai, Director of Huawei Cloud Marketing, showcased how Huawei’s Cloud for Good initiative is transforming Indonesia. Huawei Cloud works with local institutions, universities, and organizations to nurture local cloud and AI talent. To date, Huawei Cloud has signed talent cultivation cooperation agreements with more than 100 universities and academic research institutions, more than 20 government departments, and key customers, helping Indonesia cultivate more than 100,000 digital professionals, providing ongoing impetus to the local digital economy. Huawei Cloud plans to broaden collaboration with customers and partners to accelerate Indonesia’s digital transformation in areas like environment, agriculture, healthcare, and education, fostering an inclusive, sustainable, and intelligent Indonesia.

Aka Dai, Director, Huawei Cloud Marketing
Aka Dai, Director, Huawei Cloud Marketing

The event features a packed agenda of keynotes, sessions, and exhibitions. During the sessions, Huawei Cloud highlighted its full-stack AI capabilities, discussed technological innovations with partners from sectors like e-commerce & retail, FinTech, local life, media & entertainment, and logistics, and shared the latest cloud native practices in typical scenarios with enterprises such as detikcom, , FancyTech, ConnectNow AI, Speakly AI and OnePro. At the enterprise session, Huawei Cloud reaffirmed its commitments to leading technologies, localized services, and an open ecosystem to support the growth of local governments and businesses. Customers including Bank Neo Commerce, Telkom, and Alfamart showcased their industry innovation achievements using Huawei Cloud. Alongside Ulearning, Cloudwise, Talk Cloud, Wattwise, Cognify, and Dyna.AI, they launched the Huawei Cloud Indonesia AI Partner Alliance for Governments and Enterprises to accelerate the intelligent development for local enterprises. At the partner session, Huawei Cloud engaged in deep discussions with local customers and partners on ecosystem strategies, unveiled new ecosystem cooperation measures, and presented annual awards to partners such as Paratekno、Weefer、Solusi. In the exhibition area, Huawei Cloud displayed cutting-edge experiences, along with the latest advancements in databases, big data, and distributed cloud. Leading partners from the AI, FinTech, Internet, and retail fields, such as Fortius, Soltius, and Ayodya Dialog Semesta, joined to showcase joint innovation achievements.

Huya Wins Outstanding Esports Platform in 2025 Forbes China Esports 30 Selection

GUANGZHOU, China, Dec. 4, 2025 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced it has been named an Outstanding Esports Platform in the 2025 Forbes China Esports 30 Selection, a prestigious recognition highlighting the most influential industry participants and initiatives in China’s rapidly evolving esports sector.

The Outstanding Esports Platform award honors esports platforms that excel in content ecosystem strength, compliance and operational quality, technical capabilities, and user reputation. Huya received this award for its demonstrated strengths in these areas, supported by its vibrant esports content ecosystem, strong community engagement, cutting-edge technologies, and high-quality, immersive viewing experiences.

Huya’s win underscores its continued commitment to driving innovation, improving user engagement, and promoting collaboration across the esports industry, as well as its contribution to building a globally competitive esports ecosystem in China. Huya will continue to enhance its premium content offerings, including high-quality licensed and self-produced tournaments, and deepen domestic and international partnerships to further strengthen its position as a premier esports destination and deliver value for its users, industry partners and stakeholders.

About HUYA Inc.

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook in this announcement, as well as Huya’s strategic and operational plans, contain forward-looking statements. Huya may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Huya’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Huya’s goals and strategies; Huya’s future business development, results of operations and financial condition; the expected growth of the live streaming market and game market; the expectation regarding the rate at which to gain active users, especially paying users; Huya’s ability to monetize the user base; Huya’s efforts in complying with applicable data privacy and security regulations; fluctuations in general economic and business conditions in China; the economy in China and elsewhere generally; any regulatory developments in laws, regulations, rules, policies or guidelines applicable to Huya; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Huya’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Huya does not undertake any obligation to update any forward-looking statement, except as required under applicable law

For investor and media inquiries, please contact:

In China:

HUYA Inc.
Investor Relations
Tel: +86-20-2290-7829
E-mail: ir@huya.com 

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com 

In the United States:

Piacente Financial Communications 
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

 

Phemex Ignites Year-End Trading Frenzy with $450,000 Futures Apex Competition

APIA, Samoa, Dec. 4, 2025 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the Second Edition of its Futures Trading Apex Competition, a global year-end challenge running December 4–31, 2025 with a total prize pool of 450,000 USDT. The event reinforces Phemex’s commitment to building a high-energy, rewarding derivatives ecosystem for traders worldwide.

Phemex Ignites Year-End Trading Frenzy with $450,000 Futures Apex Competition
Phemex Ignites Year-End Trading Frenzy with $450,000 Futures Apex Competition

Designed to celebrate the diversity of the Phemex community, the competition structure ensures inclusivity for traders of all styles and levels. This dual-track system allows new community members to shine alongside seasoned veterans, with 30% of the prize pool dedicated specifically to newcomers.

Event Highlights:

  • Dynamic Community Rewards: Prize pools for weekly and monthly rankings unlock dynamically based on total trading volume, encouraging collective participation.
  • Daily Engagement: Traders can join 28 daily ROI battles, each with a fixed 2,000 USDT pool and a minimum entry volume of 1,000 USDT — offering constant opportunities to rank and earn.
  • Gamified Experience: Four cycles of Mystery Box missions worth 94,000 USDT add a gamified layer and fun to the competition. Traders can collect ETH, Gold, and other bonuses. Tasks refresh every cycle, allowing active participants to earn up to 13 boxes throughout the event.

For full rules and to join the challenge, please visit: https://phemex.com/.

About Phemex

Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, please visit: https://phemex.com/

UNESCO and Walnut Coding join forces to advance digital education

Partnership aims to bridge the digital divide and equip youth with future-ready skills

BEIJING, Dec. 4, 2025 /PRNewswire/ — UNESCO has signed a partnership agreement with Walnut Coding, a leading digital education platform for young learners, to strengthen global efforts in promoting inclusive and accessible digital learning.

The collaboration aims to advance the International Decade of Sciences for Sustainable Development 2024–2033 (IDSSD) by strengthening international cooperation on digital learning, and promoting the inclusion of young voice and talents within technological innovation.


The UNESCO-Walnut Youth Innovation Project demonstrates this vision by engaging young people and equipping them with the skills and values needed to address global challenges and contribute to a sustainable future.

Through this partnership, Walnut Coding and UNESCO will launch initiatives under the IDSSD framework, including the organization of an international youth coding competition to foster creative digital problem-solving, as well as other awareness-raising activities. 

As the world’s lead organization on education and science, UNESCO provides an important global platform for promoting sustainable development, setting educational standards, and fostering international collaboration.

Through this collaboration, UNESCO and Walnut Coding will work together to expand access to quality digital education, share best practices, and foster innovation in teaching and learning. The partnership aims to empower young people with the skills needed to thrive in the digital age and contribute to sustainable development worldwide.

About Walnut Coding

Walnut Coding is a leader in coding education in China. Founded in 2017, The Company offers differentiated, fun, and engaging coding learning courses for young learners, covering various subjects including Scratch, Python, and C++. Its courses feature adaptive software products with definitive learning objectives and interactive content for learners, as well as individualized guidance from full-time learning assistants throughout the learning process. As of February 2024, Walnut Coding had 7.2 million cumulative paying users.

About UNESCO

With 194 Member States, the United Nations Educational, Scientific and Cultural Organization contributes to peace and security by leading multilateral cooperation on education, science, culture, communication and information. Headquartered in Paris, UNESCO has offices in 54 countries and employs over 2300 people. UNESCO oversees more than 2000 World Heritage sites, Biosphere Reserves and Global Geoparks; networks of Creative, Learning, Inclusive and Sustainable Cities; and over 13000 associated schools, university chairs, training and research institutions. 

“Since wars begin in the minds of men, it is in the minds of men that the defenses of peace must be constructed“ – UNESCO Constitution, 1945.

More information: www.unesco.org

 

OECD-Cisco research finds stark geographical and generational divides in AI uptake and digital well-being

News Summary

  • Emerging economies, particularly India, Brazil, Mexico, and South Africa, are leading global adoption of generative AI, with younger adults showing the highest usage, trust, and engagement.
  • Significant generational and geographic divides exist, with under-35s far more likely to use and trust AI, while older adults remain less engaged and less certain.
  • High recreational screen time, especially among youth in emerging markets, is linked to decreased well-being, highlighting the need for a balanced focus on digital well-being as AI becomes widespread.

SAN JOSE, Calif., Dec. 4, 2025 /PRNewswire/ — Generative AI is moving rapidly from novelty to habit. But adoption rates may not tell the full story. Cisco, the worldwide leader in networking and security, partnered with the Organisation for Economic Cooperation and Development (OECD) on the Digital Well-being Hub to study the relationship between technology’s risks and benefits, and how AI is impacting people’s lives. New data from the Hub reveals that, beneath the headlines of youthful enthusiasm for AI, geographic and generational divides are emerging, shaping who benefits from AI, who bears the risks, and how digital life can affect well-being. This research provides Cisco’s Digital Impact Office with essential insights that can support its aim to connect millions of people to the digital economy, help close the digital divide, and build a global learning culture through initiatives like Cisco Networking Academy and Country Digital Acceleration programs.

AI adoption is only part of the story

According to the current research, young adults, globally, are voracious consumers of digital content, with under-35s showing the highest use of social media, online devices and active use of GenAI. But the real standouts are people in emerging economies, particularly India, Brazil, Mexico, and South Africa. They lead AI adoption globally with the highest usage rates, greatest trust levels, and most active engagement in AI training. In contrast, those surveyed in European countries show less trust and more uncertainty around the use of AI. This marks a departure from historical trends where emerging economies are typically slower to access and use new technologies.

However, these same populations, in India, Brazil, Mexico, and South Africa, report the highest recreational screen time, greatest reliance on digital-only socializing, and the most pronounced emotional highs and lows from tech use, when compared to those surveyed in other countries. The research also shows that, globally, more than five hours of daily recreational screen time is associated with decreased well-being and lower life satisfaction. While correlation is not causation, it’s clear we need to focus on digital well-being so advances in technology don’t come at the cost of health and happiness.

“Empowering emerging economies with AI skills is not just about technology, it’s about unlocking the potential of every individual to shape their future. With the rapid integration of AI into our daily lives and workplaces, we must ensure that these tools are designed responsibly, with transparency, fairness, and privacy at their core. AI’s greatest potential can be realized if it enhances well-being, by streamlining tasks, improving collaboration, and creating opportunities for growth and learning. When technology, people, and purpose come together, we create the conditions for resilient, healthy, and thriving communities everywhere,” said Guy Diedrich, Senior Vice President and Global Innovation Officer, Cisco.

From generative AI to generation AI

Generational splits are equally stark, tracking existing trends in digitalization. Younger adults worldwide report that most or all of their social interaction takes place online and they express higher confidence in AI’s usefulness. More than 50% of under-35s surveyed actively use AI, more than 75% say it is useful, and almost half of 26 to 35-year-olds have completed some training.

In contrast, adults over 45 are less likely to view AI as useful, and more than half do not use it at all. Among over-55s surveyed, many say they “don’t know” if they trust AI, suggesting their uncertainty may be driven by a lack of familiarity rather than outright rejection. This familiarity gap also mirrors differences in expectations for AI’s impact on jobs, with under-35s and those in emerging economies anticipating the highest impact.

“Generational divides in digital and AI adoption are not inevitable, they are challenges we can all address through targeted action. While younger generations may readily embrace new technology, people of all ages bring their own unique and invaluable experience and insights,” said Diedrich. “So far at Cisco, 26,000 of our staff have undergone AI training and we are a founding member of the AI Workforce Consortium, a group of 10 leading companies working to prepare the workforce to leverage the transformational opportunity of AI on ICT jobs across all industries. A key measure of AI’s success should not be speed of adoption, but whether people across all ages, skill levels, and geographies can use AI to genuinely improve their lives. That way we can ensure ‘Generation AI’ truly includes everyone,” he continued. 

This research provides a call to action for citizens, business and government leaders worldwide to bridge the digital skills gap, foster digital literacy at every age, and prioritize well-being alongside innovation. Only then can we ensure the digital future we build is truly for everyone.

About the Digital Well-being Hub

In 2024, Cisco and the OECD launched a joint initiative, grounded in the OECD Well-being Framework and aligned to Cisco’s Country Digital Acceleration program, to present existing and emerging OECD data, and to examine the complex nature of digital transformation. The hub also features an interactive platform used to gather new statistics and people’s insights on digital well-being, including the impact of the digital divide and inequalities in the uptake and use of digital technologies.

About the Research

This analysis was conducted using data from 14 countries (Australia, Brazil, Canada, France, Germany, India, Italy, Japan, Korea, Mexico, the Netherlands, South Africa, the United Kingdom, and the United States), collected in early 2025 by a specialized research agency in collaboration with Cisco. Data collection followed OECD best practices essential for ensuring data reliability, comparability, and national representativeness.

The data collection yielded statistically valid responses from 14,611 individuals and was selected to reflect a broad range of socio-economic and cultural contexts in each country. Each is represented by a sample of just over 1,000 respondents, except for India, which includes 1,500 respondents. All participants completed the full 20-question poll as well as the accompanying demographic and profile questions of the Digital Well-being Poll.

Additional resources:

* OECD Research: Screen time and subjective well-being
* OECD Research: How do people experience new technologies and generative AI?  
* Guy Diedrich blog: Making sure AI becomes the global equalizer and not the great divider

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at http://www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word ‘partner’ does not imply a partnership relationship between Cisco and any other company.

EUROPE’S 50 BEST BARS TO DEBUT, SPOTLIGHTING BARS ACROSS THE CONTINENT

50 Best, the organisation behind The World’s 50 Best Bars, launches brand-new list and awards programme in Europe for the first time

LONDON, Dec. 4, 2025 /PRNewswire/ — 50 Best will launch the inaugural list of Europe’s 50 Best Bars establishing a new ranking honouring the continent’s most outstanding drinking destinations and celebrating the creativity and excellence shaping Europe’s bar culture.

Joining The World’s 50 Best Bars, North America’s 50 Best Bars and Asia’s 50 Best Bars, this new regional list will celebrate the continent’s finest drinking destinations and provide consumers with the most trusted, expert-curated guide to exceptional bar experiences.

Emma Sleight, Head of Content for Europe’s 50 Best Bars, says: “We couldn’t be more excited to launch our new bar awards programme in Europe. Following the growing success of our regional lists in Asia and North America, we’re confident this new addition will become a vital part of the regional bar landscape, shining a light on both established and, excitingly, emerging destinations across the continent. The result will be a list of the most memorable bars experiences from the region, celebrating its passion, talent and hard work and providing a credible and trustworthy guide for discerning drinkers.”

Europe’s 50 Best Bars will unfold over several days of celebrations, including the well-loved Bartenders’ Feast hosted on the eve of the ceremony. The hotly anticipated list of Europe’s 50 Best Bars will be unveiled at a grand awards ceremony, featuring red-carpet arrivals and a drinks reception ahead of the live countdown. The event will culminate in the reveal of a number of special awards for both individuals and establishments, as well as the coveted title of The Best Bar in Europe, sponsored by Perrier.

The inaugural ranking for Europe’s 50 Best Bars will reflect the best bars experiences based on the votes of 300 anonymous European bar industry experts from across the region. Members of the 50 Best organisation do not vote; that is the collective role of the voting Academy. Bars cannot apply to be on the list and sponsors do not have any influence on the list.

The first list will be unveiled at an awards ceremony next year, the date and location of which will be announced in due course.

Media Centre: 
https://mediacentre.theworlds50best.com 

NOTICE OF THE SETTLEMENT OF THE CLASS ACTION PROCEEDINGS RELATING TO LIGHTSPEED SECURITIES

Read this notice carefully as it may affect your rights.

This notice is directed to all persons and entities, excluding certain persons associated with the defendants, who acquired securities of LIGHTSPEED COMMERCE INC. or LIGHTSPEED POS INC. between March 7, 2019 and November 3, 2021 inclusively (collectively, the “Class” or “Class Members”).

MONTREAL, Dec. 4, 2025 /PRNewswire/ — A class action was commenced against Lightspeed Commerce Inc., several of its directors and officers, and PricewaterhouseCoopers LLP (collectively the “defendants“) before the Superior Court of Québec. The plaintiffs allege that the defendants misrepresented material facts relating to Lightspeed Commerce Inc.’s financial performance in its public filings and statements.

On November 25, 2025, the Honourable Lukasz Granosik, J.S.C., approved the settlement of these proceedings without any admission of liability on the part of the defendants, who deny any and all claims of wrongdoing. This notice provides a summary of the settlement and of what Class Members must do if they wish to receive compensation under the settlement.

SUMMARY OF THE SETTLEMENT TERMS
The defendants will pay CDN $11 million, in full and final settlement of all claims made against them. Class Counsel Fees were fixed by the Court at one third (33.33%) of that amount, plus disbursements and taxes, to be paid as a first charge on the settlement amount. The settlement amount, less Class Counsel Fees and disbursements, the Administrator’s expenses, and taxes, will be distributed to the Class on a pro rata basis, in accordance with the Court-approved plan of allocation. The settlement agreement and plan of allocation may be viewed at https://www.LightspeedSettlement.com.

A CLAIM FOR COMPENSATION MUST BE MADE BY MARCH 4, 2026

Each Class Member must submit a completed Claim Form on or before March 4, 2026 to receive compensation under the settlement. The Claim Form can be accessed or downloaded at https://www.LightspeedSettlement.com. or obtained by calling the Administrator at 1-888-350-7708. If you do not submit a completed Claim Form by March 4, 2026, you will not receive any part of the net settlement amount.

The Court appointed Concilia Services Inc. as the Administrator of the settlement to, among other things: (i) receive and process Claim Forms; (ii) decide eligibility for compensation; and (iii) distribute the net settlement amount to eligible Class Members. The Claim Form should be submitted to the Administrator by using the secure online claims system at https://www.LightspeedSettlement.com. You may submit a paper Claim Form only if you do not have internet access. The paper Claim Form may be sent by mail or courier to the Administrator at:

CONCILIA SERVICES INC.
1-5900 Andover Ave.
Montréal (QC) H4T 1H5
Tel: 1-888-350-7708
lightspeed@conciliainc.com

Attention: “Lightspeed Commerce Inc. Class Action Proceedings”

QUESTIONS

All questions regarding the claims process, the Claim Form, the supporting documentation, or your eligibility as a Class Member must be directed to the administrator Concilia Services Inc. at:

CONCILIA SERVICES INC.
1-5900 Andover Ave.
Montréal (QC) H4T 1H5
Tel: 1-888-350-7708
lightspeed@conciliainc.com
Attention: “Lightspeed Commerce Inc. Class Action Proceedings”

Other questions may be directed to:

Mtre Lea Bruyere
LPC Avocats Inc.
276, Saint-Jacques Street, Suite 801
Montréal, Québec, H2Y 1N3
Tel: 514.379.1572
Fax: 514.221.4441
lbruyere@lpclex.com

FOR MORE INFORMATION

Further information is available at https://www.faguyco.com/class-actions/lightspeed. The main documents relating to the class action proceedings are available on the Registre des actions collectives at https://www.registredesactionscollectives.quebec/en/Consulter/RecherchePublique (search by court file no. 500-06-001164-215).

NOTICE TO BROKERAGE FIRMS

Please deliver this notice in English and French by email to your clients who purchased Lightspeed securities between March 7, 2019 and November 3, 2021 inclusively, and for whom you have a valid email address. If you do not have a valid email address for some of those clients, please send them this notice by regular mail, in English and French. Brokerage firms may collectively request up to an aggregate of $15,000 for the expenses relating to the distribution of this notice to the Class Members. If the amounts submitted in aggregate exceed $15,000, each brokerage firm’s claim shall be reduced on a pro rata basis.

This notice has been approved by the Court. Questions about matters in this notice should NOT be directed to the Court.

*Une version française de cet avis est disponible au https://www.ReglementLightspeed.com.

Healing Through Colour: French Artist Sidranne Joins Brandstorm Communications to Co-host ‘Cherish Your Loved Ones’ Workshop

HONG KONG, Dec. 4, 2025 /PRNewswire/ — Following the recent tragic events in Tai Po, Brandstorm Communications and A Little Something by Marina Watt are pleased to announce a special community initiative titled ‘Cherish Your Loved Ones’. Highlights include the first collaborative workshop presentation in the region by French artist Sidranne, designed to foster communal healing and connection through the medium of watercolour.

The initiative, scheduled for December 8, invites the public to engage in a complimentary creative session focused on the production of hand-painted Christmas cards. This programme seeks to create a shared space for emotional restoration and the articulation of care for loved ones during a challenging period for the city.

The workshop serves as a continuation of the cross-cultural dialogue established during the Connecting Colors Arts Exhibition in Singapore.

Programme Details
‘Cherish Your Loved Ones’ Workshop
8 December, 1:30 pm – 3:00 pm
Yu Yuet Lai Building, Central, Hong Kong

The session, running from 1:30 pm to 3:00 pm, offers an immersive introduction to watercolour techniques under the guidance of Sidranne. The workshop invites the audience to reflect on the therapeutic rhythms of creativity by focusing on the artist’s philosophy of colour as a guiding force.

Participants are requested to bring their own watercolour brushes and a water container to the venue. All other artistic materials will be provided by the artist to facilitate the creation of personalized seasonal greetings.

About the Artist
Sidranne
Sidranne (b. France) is a contemporary artist known for her vibrant, intuitive approach to painting. Embarking on her artistic practice later in life in the town of Parpeçay, her work explores the “magic” of colour and its capacity to illuminate the human experience. Her style is characterized by the dynamic collision of warm and cool tones, prioritizing emotional resonance and vitality over strict representation. Her recent works were displayed at the Connecting Colors Arts Exhibition in Singapore. Sidranne views art as a fundamental “soil of survival,” utilizing her practice to reveal hidden sentiments and provide spiritual comfort. To learn more, visit https://sidranne-painter.com/

Registration
Admission to the workshop is free of charge; however, capacity is limited. For registration and enquiry, please contact Marina Watt at marina@brianstormcontent.com.