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STRATEGIC REAL ESTATE MONETIZATION / OPERATIONAL OPTIMIZATION

Strategic real-estate monetization follows the completed consolidation of key office, retail, marina, service, rigging and delivery functions into Vision Marine’s integrated Dania Beach and Fort Lauderdale waterfront operating platform.

FORT LAUDERDALE, Fla. and BOISBRIAND, QC, July 9, 2026 /PRNewswire/ — Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) (“Vision Marine” or the “Company”), a marine technology and recreational boating company combining proprietary propulsion technology with direct consumer access through its Nautical Ventures retail, service and marina platform, today announced that it has entered into an agreement to sell the property located at 1400 S. Federal Highway in Fort Lauderdale, Florida. The Company also provided an aggregate update on its pending real-estate optimization transactions involving the 1440 S. Federal property in Fort Lauderdale and the Palm City property.

The three pending transactions form part of a coordinated Florida real estate and operating optimization initiative undertaken following the Nautical Ventures acquisition.

Key Takeaways

• Vision Marine entered into an agreement to sell 1400 S. Federal, formerly a principal office, showroom and operating location within the Nautical Ventures platform.
• The pending sales of 1400 S. Federal, 1440 S. Federal and Palm City are supported by signed transaction agreements and are expected to generate approximately US$13.1 million in aggregate gross sale proceeds and approximately US$5.58 million in estimated net equity, subject to closing.
• Management estimates that the broader Florida operating optimization initiative could reduce annualized site-related operating expenses by approximately US$3.46 million, before transition-related costs.
• Dania Beach and Fort Lauderdale Marina now operate as a more integrated waterfront platform for tenders, selected fiberglass boats, retail sales, marina operations, service, rigging, parts, logistics, delivery and E-Motion™ customer engagement.

Over the past year, Vision Marine has consolidated key Florida activities into its waterfront platform. Tender preparation, rigging, logistics and delivery were centralized at Nautical Ventures’ Fort Lauderdale Marina in May 2026, while tender display and sales activities previously supported at 1440 S. Federal were transitioned in June 2026 to Nautical Ventures’ Dania Beach waterfront location at 50 South Bryan Road. Selected fiberglass boat activity is also being transitioned to Fort Lauderdale Marina as part of the Company’s plan to further develop the marina into a customer-facing waterfront location supporting showroom activity, delivery coordination and ownership support.

With these transitions complete, the 1400 S. Federal property, which historically served as a principal administrative, showroom and operating location within the Nautical Ventures platform, is no longer required under the Company’s optimized operating footprint. Management believes the resulting configuration simplifies operations, improves capital efficiency, supports a more coordinated customer experience and strengthens the commercial foundation for future E-Motion™ demonstrations, customer visibility, integration opportunities and after-sales support.

The pending transactions are supported by signed agreements, as set forth below.

Expected Financial Impact of Pending Transactions

US$ in millions, except percentages

The 1400 S. Federal purchase price reflected in the table is based on closing on or before August 30, 2026. Under the 1400 S. Federal agreement, the purchase price increases to US$10.0 million if closing occurs after August 30, 2026. Estimated net equity is based on the US$9.65 million purchase price and may change based on the final closing date, customary closing adjustments, taxes and other transaction-related costs.

Subject to closing and implementation of the related operational changes, management estimates that the initiative could reduce annualized site-related operating expenses by approximately US$3.46 million, before transition-related costs. Based on the Company’s annualized operating-cost base for the period from September 1, 2025, through May 31, 2026, excluding depreciation and interest, the estimated reduction represents approximately 18.2% of annualized operating expenses.

Collectively, the pending transactions are expected to simplify Vision Marine’s real-estate portfolio while preserving the waterfront infrastructure supporting retail, marina, service, delivery and technology-commercialization activities.

“Over the past year, our team focused on strengthening the operating platform before advancing the monetization of real estate no longer required under the Company’s optimized operating footprint,” said Alexandre Mongeon, Chief Executive Officer of Vision Marine. “With customer-facing retail activity consolidated into Dania Beach and marina operations, rigging, service, parts, logistics and delivery centered at Nautical Venture’ Fort Lauderdale Marina, we believe the platform is better positioned to reduce fixed site costs, enhance financial flexibility and support the continued commercialization of our E-Motion™ technology.”

If realized, the estimated net equity from the pending transactions is expected to provide additional flexibility for balance-sheet management, working-capital requirements, financing optimization and strategic operating investments. The pending transactions remain subject to customary closing conditions, and there can be no assurance that any transaction will close on the anticipated terms or at all.

Financial and Operating Measure Disclosure

The financial and operating figures in this release are based on signed transaction agreements, internal operating records and management estimates.

“Expected gross sale proceeds” represent aggregate contractual sale prices, subject to the completion of the pending transactions.

“Estimated net equity” represents expected gross sale proceeds less current mortgage balances and assumed brokerage commissions of 5%, before customary closing adjustments, taxes and other transaction-related costs. Actual net proceeds may differ materially from these estimates.

“Estimated annualized site-related operating-expense reductions” represent management estimates based on current site-related operating expenses and anticipated operational changes. These estimates exclude depreciation and interest, are not financial measures prepared in accordance with IFRS and may differ materially from future realized savings. They should not be considered a substitute for, or necessarily indicative of, changes in operating income, net income, cash flow or liquidity reflected in the Company’s consolidated financial statements prepared in accordance with IFRS.

About Vision Marine Technologies Inc.

Vision Marine is a marine technology and recreational boating company focused on delivering a better on-water experience across propulsion types. The Company develops proprietary high-voltage electric propulsion technology through its E-Motion™ platform and supports commercialization through its Nautical Ventures retail, marina, service and delivery platform across Florida. Vision Marine’s integrated operating model combines technology, consumer access, service infrastructure and multi-brand boating operations.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the pending sales of the 1400 S. Federal, 1440 S. Federal and Palm City properties; the anticipated timing, terms and completion of the transactions; expected gross sale proceeds; estimated net equity; estimated annualized operating-expense reductions; anticipated use of proceeds; anticipated benefits associated with completed operational transitions; the transition of fiberglass boat activity to Nautical Ventures’ Fort Lauderdale Marina; anticipated E-Motion™ product visibility, demonstrations, integration opportunities and service support; and the Company’s broader real-estate and operating strategy.

Forward-looking statements are based on management’s current expectations, estimates and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, among others, the failure to satisfy closing conditions; changes in transaction terms; delays in closing; differences between estimated and realized net equity or operating-expense reductions; higher-than-anticipated transition costs; costs or disruptions associated with operational-transition activities; customer demand; customer adoption of E-Motion™ technology; market and economic conditions; financing and liquidity considerations; and other risks described in the Company’s public filings with the U.S. Securities and Exchange Commission and on SEDAR+. Readers should not place undue reliance on forward-looking statements. Vision Marine undertakes no obligation to update or revise forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Vision Marine Technologies, Inc

TAIPEI, July 9, 2026 /PRNewswire/ — ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, “ASEH” or the “Company”), announces its unaudited consolidated net revenues for June and 2^nd quarter of 2026.

CONSOLIDATED NET REVENUES (UNAUDITED)

Net revenues for ATM assembly, testing and material business are as follows:

ATM NET REVENUES (UNAUDITED)

Safe Harbor Notice:

This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2025 Annual Report on Form 20-F filed on April 1, 2026.

Investor Relations Contact:

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SOURCE ASE Technology Holding Co., Ltd.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”). THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE.

SAN FRANCISCO, July 9, 2026 /PRNewswire/ — Following constructive engagement with SEGRO plc’s (“SEGRO”) shareholders and the presentation published by SEGRO yesterday, Prologis, Inc. (“Prologis”) today published a new investor presentation to help shareholders further assess the significant potential benefits of a combination of Prologis and SEGRO.

Prologis believes constructive engagement with Prologis remains the best path for the Board of SEGRO to maximise long-term value for SEGRO shareholders and wider stakeholders, for four compelling reasons:

1. Prologis brings both a superior platform and a larger data center opportunity
2. Prologis’ platform creates advantages that cannot be replicated by SEGRO
3. SEGRO’s public market valuation reflects its structural constraints
4. The strategic rationale is clear — constructive engagement creates the best outcome

1. 
Prologis Brings Both a Superior Platform and a Larger Data Center Opportunity

Prologis has an established data center platform with end-to-end capabilities to convert power into data center value. It is staffed to deliver on the substantial data center opportunity with a dedicated data center team of 75+ people along with a 250+ person development team, 175+ person in-house energy team and a 35+ person procurement team. Prologis has a proven track record for execution, and monetisation from its data center platform.

Prologis’ power pipeline of 5.8GW across approximately 30 projects (less than 1% of the Prologis portfolio) is either secured or in advanced stages, with a longer-term estimate of 10GW+ with meaningful potential upside and more than 150 projects with power applications under review. 

SEGRO shareholders have the opportunity to benefit from a more experienced, larger and better-capitalised data center platform that can capture and maximise the long-term value of both companies’ data center pipelines as well as the upside from Prologis’ broader embedded power potential.

2. 
Prologis’ Platform Creates Advantages That Cannot be Replicated by SEGRO

SEGRO’s reliance on project-level joint ventures underscores the capital constraints it faces as a standalone company. Under these structures SEGRO shareholders will give away significant value and upside to joint venture partners while, unlike Prologis, not earning any fees or promotes that would amplify returns.

Prologis believes this highlights SEGRO’s capital and capability deficiencies, giving away a share of the potential return to a partner, whilst constraining SEGRO’s ability to deploy capital competitively at pace. The development activity within the Pure Data Center joint venture, and future joint ventures for fully fitted data center development per the strategy set out by SEGRO, is funded by high leverage at a loan-to-cost ratio of approximately 70%.

A combination with Prologis offers SEGRO shareholders a stronger path to value creation than project-level joint ventures. It would allow SEGRO shareholders to participate in the upside of SEGRO’s pipeline while benefiting from Prologis’ scaled, global platform, fortress balance sheet and established strategic capital platform.

3. 
SEGRO’s Public Market Valuation Reflects its Structural Constraints

SEGRO’s portfolio value is transparent with third-party valuations carried out every six months. Based on its 31 December 2025 valuation, SEGRO’s asset value comprised 88% completed assets and 12% development properties and land sites valued using the residual method.

SEGRO’s consensus forecast earnings growth for the next three years is lacklustre, particularly in comparison to its European logistics peers. Based on analyst consensus, SEGRO’s forecast EPS CAGR for the period from 2025 to 2028 is 4.7% compared to a 7.1% forecast EPS CAGR for European logistics peers. That growth outlook does not support a premium market valuation particularly given that SEGRO already trades on a much higher price to earnings ratio than its European logistics peers.

Prologis notes SEGRO management’s new adjusted earnings guidance of 50 pence per share by 2030 which implies a compound annual growth rate of 6.4%. This will require a higher growth rate in the later years of the forecast based on the lower near-term consensus growth. This growth will require significant investment and new capital, and is by no means certain.

4. 
The Strategic Rationale is Clear — Constructive Engagement Creates the Best Outcome

The proposed combination offers SEGRO shareholders a substantial upfront premium and participation in a long-term value opportunity through ownership of the combined platform.

Customers would benefit from Prologis’ global platform, deep local leadership and expertise as well as proven execution across leading logistics markets that support increasingly international supply chains. Communities will continue to benefit from Prologis’ long-term investment approach and sustained investment in skills and partnerships.

Prologis has a significant footprint across Europe and has operated in the U.K. for nearly 30 years. The combination supports the U.K.’s growth agenda through continued investment in strategic logistics infrastructure, strengthening supply chain resilience and creating long-term economic opportunity.

Constructive Engagement

Prologis remains ready to engage constructively with the SEGRO Board and believes that a collaborative dialogue would enable both companies to explore the full potential of a combination and ensure shareholders are able to evaluate all available opportunities.

Prologis urges SEGRO shareholders to encourage the SEGRO Board to engage with Prologis to allow a binding offer to be put to SEGRO shareholders for their consideration.

The investor presentation published today is available on Prologis’ website at https://ir.prologis.com/potential-offer-for-segro-disclaimer, subject to certain restrictions.

There can be no certainty that an offer for SEGRO will be made. A further announcement will be made as appropriate.

Linklaters LLP is retained as legal adviser to Prologis.

Further information

N.M. Rothschild & Sons Limited (“Rothschild & Co”), which is authorised and regulated by the Financial Conduct Authority (the “FCA”) in the United Kingdom, and J.P. Morgan Securities LLC, together with its affiliate J.P. Morgan Securities plc (which conducts its UK investment banking business as J.P. Morgan Cazenove and which is authorised in the United Kingdom by the Prudential Regulation Authority (“PRA”) and regulated in the United Kingdom by the PRA and the FCA) (together “J.P. Morgan”), Eastdil Secured International Limited (“Eastdil Secured“ or “ESI”) which is authorised and regulated by the Financial Conduct Authority (the “FCA”) in the United Kingdom, and Merrill Lynch International (“BofA Securities”), which is authorised by the PRA and regulated by the FCA and PRA in the United Kingdom, are each acting exclusively for Prologis and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than Prologis for providing the protections afforded to their respective clients or for providing advice in connection with the subject matter of this announcement. This announcement is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or pursuant to an exemption from registration under the Securities Act of 1933, as amended.

The release, publication or distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe such restrictions. Any failure to comply with such restrictions may constitute a violation of the securities law of any such jurisdiction.

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person’s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person’s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel’s website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel’s Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

Publication on Website

In accordance with Rule 26.1 of the Code, a copy of this announcement will be available subject to certain restrictions relating to persons resident in restricted jurisdictions on Prologis’ website at https://ir.prologis.com/ promptly and in any event by no later than 12 noon (London time) on 10 July 2026. The content of this website is not incorporated into and does not form part of this announcement.

Forward-Looking Statements

The statements in this announcement that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which Prologis and SEGRO operate as well as management’s beliefs and assumptions. Such statements involve uncertainties that could significantly impact Prologis’ or SEGRO’s financial results. Words such as “expects,” “anticipates,” “intends,” “believes,” “would”, “could”, “should” and “estimates,” including variations of such words and similar expressions, are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that Prologis expects or anticipates will occur in the future – including statements relating to any possible transaction between Prologis and SEGRO , rent and occupancy growth, acquisition and development activity, including data center developments and power procurement related thereto, contribution and disposition activity, general conditions in the geographic areas where Prologis and SEGRO operate, expectations regarding new lines of business, Prologis’ and SEGRO’s debt, capital structure and financial position, Prologis’ ability to earn revenues from co-investment ventures or form new co-investment ventures and the availability of capital in existing or new co-investment ventures – are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although Prologis believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Prologis can give no assurance that its expectations will be attained, and therefore actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) the ultimate outcome of any possible transaction between Prologis and SEGRO, including the possibility that SEGRO will continue to reject any proposed transaction with Prologis; (ii) uncertainties as to whether SEGRO will cooperate with Prologis regarding any proposed transaction; (iii) the effect of the announcement of any proposed transaction on the ability of Prologis and SEGRO to operate their respective businesses and retain and hire key personnel and to maintain favourable business relationships; (iv) the timing of any proposed transaction; (v) the ability to satisfy closing conditions to the completion of any proposed transaction (including shareholder approvals); (vi) other risks related to the completion of any proposed transaction and actions related thereto; (vii) international, national, regional and local economic and political climates and conditions; (viii) changes in global financial markets, interest rates and foreign currency exchange rates; (ix) increased or unanticipated competition for Prologis’ or SEGRO’s properties; (x) risks associated with acquisitions, dispositions and development of properties, including those specific to data center development and the integration of the operations of significant real estate portfolios; (xi) maintenance of Real Estate Investment Trust (“REIT”) status, tax structuring and changes in income tax laws and rates; (xii) availability of financing and capital, the levels of debt that Prologis and SEGRO maintain and their credit ratings; (xiii) risks related to Prologis’ investments in and management of its co-investment ventures, including the ability to establish new co-investment ventures; (xiv) risks of doing business internationally, including currency risks; (xv) environmental uncertainties, including risks of natural disasters; (xvi) risks related to global pandemics; and (xvii) those additional factors discussed under Part I, Item 1A. Risk Factors in Prologis’ Annual Report on Form 10-K for the year ended December 31, 2025. Prologis undertakes no duty to update any forward-looking statements appearing in this announcement except as may be required by law.

Sources and Bases

• Loan-to-cost of 70% for the Fully Fitted joint venture strategy is as set out on page 23 of 08/07/2026 management presentation
• SEGRO’s portfolio value composition is as at 31 December 2025 and as disclosed the SEGRO 2025 Annual Report and SEGRO 2025 Full Year Results Property Analysis
• SEGRO’s EPS compounded annual growth is as per the average of consensus estimates. This has been compiled from available research analysts. The average excludes research from connected advisers. The forecast compiled without the agreement or approval of SEGRO.
• SEGRO’s EPS compounded annual growth rate is calculated based on the Full Year 2025 earnings per share and the EPS estimate for the 2028 financial year, per consensus
• European Logistics Peers comprise Argan, CTP, Montea, Tritax Big Box and Warehouses De Pauw
• The European Logistics Peers EPS forecasts are as per FactSet. The peer CAGR represents the simple average of the peers respective forecasts
• SEGRO 2030 earnings per share guidance of 50 pence as announced by SEGRO on 08/07/2026.
• SEGRO EPRA NTA sourced from SEGRO’s 2025 Annual Report and Accounts, with prior years’ EPRA NTA sourced from its 2024 and 2023 Annual Report and Accounts and its 2024 and 2023 interim results.
• Prologis’ power pipeline as of 2Q26 is as set out on page 5 of Prologis’ 09/07/2026 investor presentation.

SEGRO Earnings per share consensus forecast

Note: Mean excludes research from connected advisers. Forecast compiled without the agreement or approval of SEGRO

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SOURCE Prologis, Inc.

International bank selects BRx Match to support growing transaction volumes and
ISO 20022 compliance across global markets

NEW YORK and LONDON, July 9, 2026 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that Centralised Raiffeisen International Services & Payments S.R.L. (CRISP), the shared service centre for Raiffeisen Bank International (RBI), has upgraded to Broadridge’s next-generation reconciliation platform BRx Match. The implementation supports CRISP’s growing business requirements to enhance efficiency, transparency and accuracy across a host of markets spanning Europe and Asia, while reducing exposure to risk.

“Having a modernized, scalable reconciliation platform is critical for maintaining operational excellence and meeting regulatory requirements in today’s rapidly evolving landscape,” said Andreea-Beatrice Manea, General Manager at CRISP. “Our longstanding relationship with Broadridge has consistently delivered value, and this upgrade to BRx Match provides us with the advanced technology we need to support our ambitious growth plans, all the while ensuring compliance with the latest industry standards.”

Building upon a trusted and highly successful business relationship that began in 2009, this long-term agreement marks a significant advancement in CRISP’s reconciliation technology infrastructure. The new deployment will enable CRISP to handle its projected fourfold increase in transaction volumes across its operating regions.

“This expansion of our relationship with CRISP demonstrates Broadridge’s ability to support complex, multi-market reconciliation requirements,” said Sandeep Saggi, General Manager, Regulatory Solutions and Data Control at Broadridge. “As financial institutions look to modernise their reconciliation processes while adapting to industry changes, our next-generation platform provides the technological foundation they need for future success.”

The BRx Match platform’s cloud-based architecture delivers enhanced automation capabilities, improved exception management, and seamless integration with ISO 20022 messaging standards. It will support CRISP’s operations across a total of 14 markets including the DACH region, Central and Eastern Europe and Asia, representing both new implementations and migrations from previous Broadridge reconciliation solutions.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work^®, Broadridge is part of the S&P 500^® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com 

Broadridge Contacts:

Investors:

[email protected]
           

Media:

[email protected] 

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SOURCE Broadridge Financial Solutions, Inc.