Market Newsdesk

August 13, 2026 8:35 pm

BTQ Technologies Announces 2026 AGM Results

PR Newswire

VANCOUVER, BC, Aug. 13, 2026 /PRNewswire/ — BTQ Technologies Corp. (“BTQ” or the “Company”) (NASDAQ: BTQ) (CBOE CA: BTQ), a global technology company building the trust infrastructure for the quantum era, is pleased to provide the voting results from the 2026 Annual Meeting of shareholders. The Company announces that the nominees listed in the management proxy circular dated June 29, 2026 (the “Circular“) for the 2026 annual meeting of shareholders of the Company (the “Meeting“) were elected as directors of the Company.

BTQ Logo

Detailed results of the vote for the election of directors held at the Meeting on August 12, 2026 in Vancouver, British Columbia are set out below.

Fixing Number of Directors at five (5)

The number of directors of the Company was fixed at five (5). The results of the votes cast are set out below:

Votes For		% For		Votes Against		% Against
70,511,148		99.52 %		341,448		0.48 %

Election of Directors

The shareholders approved the election of the persons listed below as directors, based on the following vote.

Name	Votes For	% For	Votes Withheld	% Withheld
Olivier Roussy Newton	49,120,272	94.92 %	2,626,252	5.08 %
Chris Tam	51,485,125	99.49 %	261,399	0.51 %
Philippe Lucet	49,100,314	94.89 %	2,646,210	5.11 %
Mansour Al Suwaidi	50,241,123	97.09 %	1,505,401	2.91 %
Lionel de Saint-Exupery	51,439,834	99.41 %	306,690	0.59 %

Appointment of Auditors

MNP LLP was appointed as the auditor of the Company for the ensuing year and the board of directors of the Company was authorized to fix the remuneration of the auditor. The results of the votes cast are set out below:

Votes For		% For		Votes Withheld		% Withheld
70,384,560		99.34 %		468,037		0.66 %

Reapproval of the Omnibus Plan

The omnibus equity incentive plan of the Company was reapproved. The results of the vote cast are set out below:

Votes For		% For		Votes Against		% Against
47,773,250		92.32 %		3,973,272		7.68 %

No other business was voted upon at the Meeting.

A total of 70,852,597 common shares were voted in connection with the Meeting, representing approximately 49.97% of the issued and outstanding common shares of the Company.

The Company’s board would like to express its gratitude to its shareholders for their participation and support.

About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is developing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.

Connect with BTQ: Website | LinkedIn | X/Twitter

About QPerfect

QPerfect, a wholly owned subsidiary of BTQ Technologies, is a French quantum computing company based in Strasbourg, led by a team of scientists and engineers recognized for their pioneering work in neutral atom physics, quantum optics, and quantum software engineering, and specializing in quantum computing and quantum design automation. Founded in 2023, the deeptech company has received the i-Lab Grand Prix and provides powerful technology to enable researchers, developers, and manufacturers to realize the full potential of quantum computers.

At the core of QPerfect’s innovation is the Quantum Logic Unit (QLU), a multi-layered framework designed to accelerate quantum development. Its flagship product, MIMIQ™, forms the first layer of the QLU™ and offers a cutting-edge platform that executes quantum algorithms with unmatched speed, accuracy, and flexibility — surpassing existing simulators and current quantum computers. For more information, please visit https://qperfect.io

ON BEHALF OF THE BOARD OF DIRECTORS

Olivier Roussy Newton
CEO, Chairman

Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements with respect to the Company’s business plans, research partnerships, and anticipated market listings. Forward-looking statements can be identified by the use of words such as “anticipate”, “intend”, “expect”, “plan” or “may” and variations thereof.

Although the Company believes the expectations represented by such statements are reasonable, there can be no assurance that forward-looking statements herein will prove to be accurate. Forward-looking statements involve known and unknown risks which may cause actual results to differ materially, including risks relating to: the availability of financing; business and economic conditions in the quantum computing and post-quantum security industries; the speculative nature of the Company’s research and development programs; unanticipated regulatory, licensing or environmental matters; changes in general economic conditions or conditions in the financial markets; and changes in applicable laws. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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SOURCE BTQ Technologies Corp.

August 13, 2026 8:06 pm

CCOI Investors Have Opportunity to Lead Cogent Communications Holdings, Inc. Securities Fraud Lawsuit

PR Newswire

NEW YORK, Aug. 13, 2026 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Cogent Communications Holdings, Inc. (NASDAQ: CCOI) between February 29, 2024 and May 1, 2026, inclusive (the “Class Period”), of the important September 21, 2026 lead plaintiff deadline.

So what: If you purchased Cogent Communications common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Cogent Communications class action, go to https://rosenlegal.com/cases/cogent-communications-holdings-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 21, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) the vast majority

of the purported orders in Cogent’s optical wavelength “backlog” were unlikely to ever result in a paid order; (2) large quantities of the customers in Cogent’s purported optical wavelength “backlog” were unable or unwilling to accept delivery even if Cogent was in a position to provision the wavelength in a timely manner; (3) as a result of the foregoing, defendants had materially misrepresented customer demand for Cogent’s optical wavelength services and the nature of Cogent’s purported “backlog” of wavelength orders; (4) as a result of the foregoing, Cogent was not on track to achieve its revenue and margin targets and such targets lacked a reasonable basis in objective fact; (5) Cogent did not have the financial capacity or business fundamentals to maintain its long-standing dividend policy; and (6) there was a material, undisclosed risk that defendant David Schaeffer would be forced to sell vast quantities of Cogent stock as a result of his high-risk pledging activities, thereby further depressing the price of Cogent stock in the event the truth regarding Cogent’s “backlog,” demand issues, and financial position were ever revealed. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cogent Communication class action, go to https://rosenlegal.com/cases/cogent-communications-holdings-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.

August 13, 2026 8:03 pm

Weyerhaeuser Company Declares Dividend on Common Shares

PR Newswire

SEATTLE, Aug. 13, 2026 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.21 per share on the common stock of the company, payable in cash on September 18, 2026, to holders of record of such common stock as of the close of business on September 4, 2026.

Under Weyerhaeuser’s cash return framework, the company expects to supplement its quarterly base cash dividend, as appropriate, with an additional return of variable cash to achieve a targeted total return to shareholders of 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD). The company has the flexibility in its capital allocation framework to return this additional cash in the form of a supplemental cash dividend, opportunistic share repurchases, or a combination of the two.

Adjusted FAD, a non-GAAP measure, is defined by Weyerhaeuser as net cash from operations adjusted for capital expenditures and significant non-recurring items.

ABOUT WEYERHAEUSER

Weyerhaeuser Company, one of the world’s largest private owners of timberlands, began operations in 1900 and today owns or controls more than 10 million acres of timberlands in the U.S., as well as additional public timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around product distribution, climate solutions, real estate, energy and natural resources, among others. In 2025, the company generated $6.9 billion in net sales and employed approximately 9,500 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser’s common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

FORWARD-LOOKING STATEMENTS
This news release contains statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the amount, timing and occurrence of future quarterly and supplemental cash dividends as well as the company’s dividend framework and future share repurchases. Forward-looking statements are generally identified by words such as “expects” and “targeted,” references to events occurring on specified future dates and other words and expressions referencing future events or occurrences. All forward-looking statements are based on our current expectations and assumptions and are not guarantees of future events or performance. The realization of our expectations and the accuracy of our assumptions are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, those identified in our 2025 Annual Report on Form 10-K, as well as those set forth from time to time in our other public statements, reports, registration statements, prospectuses, information statements and other filings with the SEC, and other factors not described herein or elsewhere because they are not currently known to us or because we currently judge them to be immaterial. It is not possible to predict or identify all risks and uncertainties that might affect the accuracy of our forward-looking statements and, consequently, our descriptions of such risks and uncertainties should not be considered exhaustive. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

Also included in this news release are references to Adjusted FAD, which is a non-GAAP financial measure. Adjusted FAD may not be comparable to similarly named or captioned non-GAAP financial measures of other companies due to potential inconsistencies in how such measures are calculated. Adjusted FAD should not be considered in isolation from, and is not intended to represent an alternative to, our GAAP results.

For more information contact:

Analysts – Andy Taylor, 206-539-3907
Media –Nancy Thompson, 919-861-0342

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SOURCE Weyerhaeuser Company

August 13, 2026 7:03 pm

Introducing Lucid Gravity GT-S: A New Expression of Performance, Luxury and Versatility

PR Newswire

Inspired by Lucid Air Sapphire, Lucid Gravity GT-S combines extraordinary performance, distinctive craftsmanship, and uncompromising versatility

NEWARK, Calif., Aug. 13, 2026 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced software-defined vehicles and technologies, today announced the Lucid Gravity GT-S, a new performance-focused expression of the Lucid Gravity. Inspired by Lucid Air Sapphire, the new model brings greater power, dynamic capability and performance-focused design while preserving the exceptional space, comfort and versatility Lucid Gravity delivers to its customers.

Lucid Gravity GT-S

With 1,070 horsepower, Lucid Gravity GT-S is America’s most powerful three-row SUV, sprinting from 0-60 mph in 3.1 seconds. Its standard Lucid’s Dynamic Handling Package enhances agility, stability, and ride comfort with independent rear-wheel steering and an adaptive three-chamber air suspension that lowers the vehicle at speed.

Lucid Gravity GT-S pairs supercar performance with seating for up to seven adults, generous cargo capacity, and an advanced technology platform that defines every Lucid vehicle. The result is a luxury SUV that combines extraordinary capability with the comfort and versatility customers use every day.

“With Lucid Gravity GT-S, we’ve created a more expressive and exhilarating interpretation of the Gravity SUV,” said Derek Jenkins, Chief Creative Officer at Lucid. “It combines extraordinary performance with the comfort, space, and versatility that define Gravity, delivering an exceptional experience for our customers that is uniquely Lucid.”

Lucid Gravity GT-S will make its global debut during Monterey Car Week, one of the world’s foremost celebrations of automotive design, luxury, and performance. Displayed alongside Lucid Air Sapphire in the Concours Village at Pebble Beach, Lucid Gravity GT-S demonstrates how Lucid continues to expand the boundaries of what a luxury electric vehicle can be.

Distinctive GT-S Design
Lucid Gravity GT-S introduces unique design elements, including blue exterior accents, painted blue brake calipers, and more. Inside, its Mojave PurLuxe Premium interior features blue stitching and piping across the first and second rows, blue seatbelts, blue stitching on the steering wheel, door armrests, and front center armrest. Additional interior details include blue seatbelts, a blue steering wheel marker and Lucid Bear logo embossing on the front seat headrests.

Full details about standard and optional features are available through the Design Yours Configurator.

Pricing and Availability
Lucid Gravity GT-S will be available exclusively in the United States and is priced from $125,900 USD, excluding tax, title, license, options, destination, and documentation fees. A Tahoe leather interior option is priced at $1,300, and destination and delivery is $1,850.

Orders open today.

About Lucid Group
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid’s proprietary technology and software defined vehicle architectures, the company’s lineup of award-winning vehicles brings Lucid’s “Compromise Nothing™” approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.

Forward-Looking Statements
This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “shall,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, features, performance specifications and starting price of each of 2027 Lucid Gravity models, the features and the starting price of the packages, and Lucid’s strategy. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid’s management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid’s expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid’s assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact

[email protected]

Trademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.

Lucid Gravity GT-S Embossed Headrest

Lucid Gravity GT-S Steering Wheel

Lucid Gravity GT-S Wheel

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SOURCE Lucid Motors

August 13, 2026 6:32 pm

T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES JUNE 30, 2026 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.60 PER SHARE IN Q2 2026

PR Newswire

NEW YORK, Aug. 13, 2026 /PRNewswire/ — T. Rowe Price OHA Select Private Credit Fund (the “Company” or “OCREDIT”) today reported financial results and total distributions of $0.60 per share for the quarter ended June 30, 2026.

As private credit remains a key driver of financing solutions within credit markets, OCREDIT closed the second quarter with the addition of 7 new portfolio companies across a diverse range of industries, representing portfolio net growth of nearly $124.0 million. OCREDIT’s $3.1 billion investment portfolio is now comprised of exposure to 144 portfolio companies across 25 unique sectors, and a weighted average portfolio yield at cost of 9.8%³. “The second quarter reinforced our conviction in private credit. We believe stable borrower fundamentals and continued demand for private capital support a compelling opportunity set for investors,” said Eric Muller, OCREDIT’s Chief Executive Officer.

QUARTERLY HIGHLIGHTS
³

Inception-to-date¹ annualized total return of 10.58%²;
Net investment income per share was $0.61 with weighted average yield on debt and income producing investments, at amortized cost of 9.8%³, and earnings per share were $0.41;
Distributions declared were $0.60 with an annualized distribution rate of 9.2%;
Net asset value per share as of June 30, 2026 was $25.96;
Gross investment fundings were $176.1 million;
Debt-to-equity as of June 30, 2026 remained consistent with March 31, 2026 at 0.93x;
The Company had total net debt outstanding of $1,522.5 million with a weighted average interest rate of debt of 6.0%.
During the second quarter of 2026, the Company issued 511,070 of Class I common shares for proceeds of $13.3 million, 198,044 of Class S common shares for proceeds of $5.2 million, and 531,599 of Class D common shares for proceeds of $13.9 million. From July 1, 2026 through August 13, 2026, the Company received total proceeds of $14.8 million from common shareholders in connection with its public offering.⁴
Subsequent to quarter end on July 2, 2026, the Company entered into an Indenture relating to the issuance of $400.0 million in aggregate principal amount of Notes, due July 2, 2031, with a fixed interest rate of 6.50% per year.

DISTRIBUTIONS
⁵

During the second quarter of 2026, the Company declared total distributions of $0.60 per share. As of June 30, 2026, the Company’s annualized distribution rate was 9.2%.⁶

From July 1, 2026 through August 13, 2026, the Company declared the following distribution on July 28, 2026 which is payable on or about August 31, 2026 to common shareholders of record as of July 31, 2026⁶:

($ per share)	July 28, 2026
Base Distribution	$ 0.20
Total Distribution	$ 0.20

SELECTED FINANCIAL HIGHLIGHTS

($ in thousands, unless otherwise noted)	Q2 2026	Q1 2026
Net investment income per share	$ 0.61	$ 0.59
Net investment income	$ 38,339	$ 36,113
Earnings per share	$ 0.41	$ (0.05)

($ in thousands, unless otherwise noted)	As of June 30, 2026	As of March 31, 2026
Total fair value of investments	$ 3,100,822	$ 2,983,663
Total assets	$ 3,209,163	$ 3,152,168
Total net assets	$ 1,641,847	$ 1,638,402
Net asset value per share	$ 25.96	$ 26.15

INVESTMENT ACTIVITY

For the three months ended June 30, 2026, net investment fundings were $124.0 million. The Company invested $176.1 million during the quarter, including $114.7 million in 7 new companies and $61.4 million in existing companies. The Company had $52.1 million of principal repayments and sales during the quarter.

($ in millions, unless otherwise noted)	Q2 2026	Q1 2026
Investment Fundings	$ 176.1	$ 221.0
Sales and Repayments	$ 52.1	$ 94.5
Net Investment Activity	$ 124.0	$ 126.5

As of June 30, 2026, the Company’s investment portfolio had a fair value of $3,100.8 million, comprised of investments in 144 portfolio companies operating across 25 different industries. The investment portfolio at fair value was comprised of 90.8% first lien loans, 7.1% second lien loans, 1.4% preferred equity investments, 0.2% common stocks and 0.5% asset backed securities. In addition, as of June 30, 2026, 97.0% of the Company’s debt investments based on fair value were at floating rates and 3.0% were at fixed rates. There was one debt investment placed on non-accrual status as of June 30, 2026 with $29.4 million cost and $16.0 million fair value.

FORWARD-LOOKING STATEMENTS

Certain information contained in this communication constitutes “forward-looking statements” within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology, such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “can,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates”, “confident,” “conviction,” “identified” or the negative versions of these words or other comparable words thereof. These may include financial projections and estimates and their underlying assumptions, statements about plans, objectives and expectations with respect to future operations, statements regarding future performance, statements regarding economic and market trends and statements regarding identified but not yet closed investments. Such forward-looking statements are inherently uncertain and there are or may be important factors that could cause actual outcomes or results to differ materially from those indicated in such statements. OCREDIT believes these factors also include but are not limited to those described under the section entitled “Risk Factors” in its prospectus, and any such updated factors included in its periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document (or OCREDIT’s prospectus and other filings). Except as otherwise required by federal securities laws, OCREDIT undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

ABOUT T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND

OCREDIT is a non-diversified, closed-end management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended. The Company also intends to elect to be treated as a regulated investment company under the Internal Revenue Code of 1986, as amended. OHA Private Credit Advisors LLC (the “Adviser”) is the investment adviser of the Company. The Adviser is registered as an investment adviser with the SEC under the Investment Advisers Act of 1940. OCREDIT’s registration statement became effective on September 29, 2023. From inception through June 30, 2026, the Company has invested approximately $4.4 billion in aggregate cost of debt investments prior to any subsequent exits or repayments. The Company’s investment objective is to generate attractive risk-adjusted returns, predominately in the form of current income, with select investments capturing long-term capital appreciation, while maintaining a strong focus on risk management. OCREDIT invests primarily in directly originated and customized private financing solutions, including loans and other debt securities with a strong focus on senior secured lending to larger companies.

Please visit www.ocreditfund.com for additional information.

ABOUT OAK HILL ADVISORS

Oak Hill Advisors (“OHA”) is a leading global credit-focused alternative asset manager with over 30 years of investment experience. OHA works with institutions and individuals and seeks to deliver a consistent track record of attractive risk-adjusted returns. The firm has approximately $112 billion in assets under management (“AUM”) as of June 30, 2026 across credit strategies, including private credit, high yield bonds, leveraged loans, private capital solutions and collateralized loan obligations. Additional information on OHA’s AUM calculation methodology can be found on the OHA website. OHA’s emphasis on long-term partnerships with companies, sponsors and other partners allows for the provision of customized credit solutions across market cycles. With over 400 experienced professionals across seven global offices, OHA brings a collaborative approach to offering investors a single platform to meet their diverse credit needs. OHA is the private markets platform of T. Rowe Price Group, Inc. (NASDAQ – GS: TROW). For more information, please visit www.oakhilladvisors.com.

ABOUT T. ROWE PRICE

T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing $1.87 trillion in client assets as of July 31, 2026, about two-thirds of which are retirement-related. Renowned for nearly 90 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its longstanding expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amid evolving markets. Visit troweprice.com/newsroom for news and public policy commentary.

T. Rowe Price OHA Select Private Credit Fund
Consolidated Statements of Assets and Liabilities
(in thousands, except per share amounts)

	As of	As of
	June 30, 2026	December 31, 2025
	(Unaudited)
ASSETS
Investments at fair value:
Non-controlled/non-affiliated investments (cost of $3,170,452 and $2,905,803 at June 30, 2026 and December 31, 2025, respectively)	$ 3,100,822	$ 2,893,559
Cash, cash equivalents and restricted cash	65,048	140,859
Subscription receivable	—	950
Interest receivable	23,960	21,267
Deferred financing costs	10,037	12,197
Receivable for investments sold	559	1,476
Derivative assets, at fair value (Note 5)	7,619	10,981
Other assets	1,118	$ —
Total assets	$ 3,209,163	$ 3,081,289

LIABILITIES
Debt (net of unamortized debt issuance costs of $2,004 and $2,366, at June 30, 2026 and December 31, 2025, respectively)	$ 1,522,471	$ 1,441,856
Payable for investments purchased	248	3,259
Interest and debt fee payable	8,329	9,417
Distribution payable	12,516	13,465
Management fee payable	5,100	4,753
Income incentive fee payable	5,657	5,391
Distribution and/or shareholder servicing fees payable	132	124
Due to counterparty	5,710	10,740
Accrued expenses and other liabilities	6,035	4,038
Derivative liability, at fair value (Note 5)	1,118	—
Total liabilities	$ 1,567,316	$ 1,493,043

Commitments and contingencies (Note 9)

NET ASSETS
Common shares, $0.01 par value (63,250,367 and 59,072,291 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively)	$ 633	$ 591
Additional paid in capital	1,725,884	1,615,011
Distributable earnings (loss)	(84,670)	(27,356)
Total net assets	$ 1,641,847	$ 1,588,246
Total liabilities and net assets	$ 3,209,163	$ 3,081,289
Net asset value per share	$ 25.96	$ 26.89

See accompanying notes to consolidated financial statements.
sec.gov

T. Rowe Price OHA Select Private Credit Fund
Consolidated Statements of Operations
(in thousands, except per share amounts)
(Unaudited)

	For the Three Months Ended		For the Six Months Ended
	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Investment income from non-controlled / non-affiliated investments:
Interest and dividend income	$ 70,453	$ 60,964	$ 137,614	$ 115,071
PIK income	4,670	2,840	9,473	5,058
Other income	2,302	2,985	3,800	4,248
Total investment income	77,425	66,789	150,887	124,377

Expenses:
Interest and debt fee expense	$ 24,394	$ 19,960	$ 47,588	$ 37,926
Management fees	5,100	4,105	10,110	7,888
Income incentive fee	5,657	5,048	10,682	9,192
Distribution and shareholder servicing fees
Class S	268	179	538	305
Class D	126	28	240	30
Professional fees	666	642	1,265	1,106
Board of Trustees fees	98	98	195	195
Administrative service expenses	773	532	1,564	1,045
Other general & administrative expenses	2,428	872	4,677	1,637
Amortization of deferred offering costs	—	61	—	220
Total expenses before fee waivers and expense support	39,510	31,525	76,859	59,544
Expense support	(424)	—	(424)	—
Recoupment of expense support	—	556	—	1,576
Management fees waiver	—	—	—	—
Income incentive fee waiver	—	—	—	—
Total expenses net of fee waivers and expense support	39,086	32,081	76,435	61,120
Net investment income	38,339	34,708	74,452	63,257

Realized and unrealized gain (loss):
Realized gain (loss):
Non-controlled/non-affiliated investments	25	801	526	(1,696)
Foreign currency transactions	(1,103)	1,997	(1,160)	1,680
Foreign currency forward contracts	1,357	(7,101)	4,161	(8,455)
Net realized gain (loss)	279	(4,303)	3,527	(8,471)

Net change in unrealized appreciation (depreciation):
Non-controlled/non-affiliated investments	(14,535)	(5,247)	(57,386)	(15,322)
Foreign currency translation	(22)	161	(147)	167
Foreign currency forward contracts	1,351	(2,313)	1,486	(2,402)
Net change in unrealized appreciation (depreciation)	(13,206)	(7,399)	(56,047)	(17,557)
Net realized and unrealized gain (loss)	(12,927)	(11,702)	(52,520)	(26,028)
Net increase (decrease) in net assets resulting from operations	$ 25,412	$ 23,006	$ 21,932	$ 37,229

See accompanying notes to consolidated financial statements.
sec.gov

For a more detailed description of OCREDIT’s investment guidelines and risk factors, please refer to the prospectus. Consider the investment objectives, risks, and charges and expenses carefully before investing or sending money. For a free prospectus containing this and other information, call 1-855-405-6488 or visit

www.ocreditfund.com

. Read it carefully.

OCREDIT is a BDC, which offers individual investors access to private lending, historically only accessible to institutions and high-net-worth investors. At least 70% of a BDC’s investments must be in U.S. private companies with less than $250 million in market capitalization.

OCREDIT is a non-exchange traded BDC that expects to invest at least 80% of its total assets (net assets plus borrowings for investment purposes) in private credit investments. An investment in OCREDIT involves a high degree of risk. An investor should purchase securities of OCREDIT only if they can afford the complete loss of the investment.

Neither the SEC nor any state securities regulator has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Securities regulators have also not passed upon whether this offering can be sold in compliance with existing or future suitability or Regulation Best Interest standard to any or all purchasers.

For OCREDIT’s full historical performance figures, please visit https://www.troweprice.com/en/us/ocredit/performance for more information.

As of June 30, 2026, OCREDIT is available in 54 states and territories.

As of June 30, 2026, OCREDIT is not registered for offer or sale outside of the United States.

BDCs may charge management fees, incentive fees, as well as other fees associated with servicing loans. These fees will detract from the total return.

OCREDIT may in certain circumstances invest in companies experiencing distress increasing the risk of default or failure. OCREDIT is not listed on an exchange which heightens liquidity risk for an investor. OCREDIT has limited prior operating history and there is no assurance that it will achieve its investment objectives. The Company’s public offering is a “blind pool” offering and thus investors will not have the opportunity to evaluate the Company’s investments before they are made. Investors should not expect to be able to sell shares regardless of performance and should consider that they may not have access to the money invested for an extended period of time and may be unable to reduce their exposure in a market downturn.

OCREDIT employs leverage, which increases the volatility of OCREDIT’s investments and will magnify the potential for loss. Fixed-income securities are subject to credit risk, call risk, and interest rate risk. As interest rates rise, bond prices fall. Investments in high-yield bonds involve greater risk than higher rated bonds. International investments can be riskier than U.S. investments and subject to foreign exchange risk. These risks are magnified in emerging markets.

OCREDIT is “non-diversified,” meaning it may invest a greater portion of its assets in a single company. OCREDIT’s share price can be expected to fluctuate more than that of a comparable diversified fund. OCREDIT may invest in derivatives, which may be riskier or more volatile than other types of investments because they are generally more sensitive to changes in market or economic conditions.

Account opening and closing fees may apply depending on the amount invested and the timing of the account closure. There may be costs associated with the investments in the account such as periodic management fees, incentive fees, loads, other expenses or brokerage commissions. Fees for optional services may also apply.

Opinions and estimates offered herein constitute the judgment of OHA as of the date this document is provided to an investor and are subject to change as are statements about market trends. All opinions and estimates are based on assumptions, all of which are difficult to predict and many of which are beyond the control of OHA. In preparing this document, OHA has relied upon and assumed, without independent verification, the accuracy and completeness of all information. OHA believes that the information provided herein is reliable; however, it does not warrant its accuracy or completeness. Certain information contained in the press release discusses general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice.

Diversification cannot assure a profit or protect against loss in a declining market. Potential investors are urged to consult a tax professional regarding the possible economic, tax, legal, or other consequences of investing in OCREDIT in light of their particular circumstances.

In the United States, the Company’s securities are offered through T. Rowe Price Investment Services Inc., a broker-dealer registered with the SEC and a member of FINRA. OHA is a T. Rowe Price company.

© 2026 Oak Hill Advisors. All Rights Reserved. OHA is a trademark of Oak Hill Advisors, L.P. T. ROWE PRICE, INVEST WITH CONFIDENCE, the Bighorn Sheep design and related indicators (see troweprice.com/ip) are trademarks of T. Rowe Price Group, Inc. All other trademarks shown are the property of their respective owners. Use does not imply endorsement, sponsorship, or affiliation of Oak Hill Advisors with any of the trademark owners.


¹ Inception is November 14, 2022.
² Annualized total return based on net asset value calculated as the change in net asset value per share during the respective period, assuming distributions that have been declared are reinvested on the effects of the performance of the Company during the period. Past performance is no guarantee of future results.
³ Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts or less the annual amortization of premiums, as applicable, on income producing securities, divided by (b) the total relevant investments at amortized cost or fair value, as applicable.
⁴ Does not include common shares sold through the Company’s distribution reinvestment plan.
⁵ Future distribution payments are not guaranteed. The Company may pay distributions from the sale of assets, offering proceeds, or borrowings.
⁶Performance and share activity shown is indicative of Class I only, unless otherwise indicated.

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SOURCE OHA

August 13, 2026 6:32 pm

Valvoline Announces Pricing and Upsizing of Senior Notes Offering

Valvoline Announces Pricing and Upsizing of Senior Notes Offering

LEXINGTON, Ky.–(BUSINESS WIRE)–
Valvoline Inc. (“Valvoline”) (NYSE: VVV) announced today the pricing of its offering of $600,000,000 aggregate principal amount of 6.125% Senior Notes due 2034 (the “Notes”). The offering was upsized by $100,000,000 aggregate principal amount compared to the previously announced offering size of $500,000,000. The offering of the Notes is part of a leverage-neutral coordinated refinancing transaction intended to strengthen Valvoline’s debt maturity profile and enhance liquidity.

The Notes will be unsubordinated unsecured obligations of Valvoline. Each of Valvoline’s subsidiaries that guarantees Valvoline’s obligations under its senior secured credit facilities will guarantee the Notes on an unsubordinated unsecured basis. Valvoline intends to use the net proceeds from the offering to repay in full its senior secured term loan A facility and partially repay its senior secured term loan B facility, to pay related fees and expenses, and the remainder, if any, for general corporate purposes. The offering is expected to close on August 24, 2026, subject to customary closing conditions.

Concurrent with the offering, Valvoline intends to enter into an amendment to its existing revolving credit facility (the “Credit Facilities Amendment”) to, among other things, increase availability thereunder from $475 million to $600 million, reduce the pricing thereof and extend its maturity to the date that is five years after the amendment effective date. The Credit Facilities Amendment is expected to enhance Valvoline’s liquidity position, reduce borrowing costs and provide additional financial flexibility. The offering of Notes is not conditioned upon the effectiveness of the Credit Facilities Amendment.

The Notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements.

This news release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful.

About Valvoline^TM

Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at approximately 2,500 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the over 13,500 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com.

^TM Trademark, Valvoline or its subsidiaries, registered in various countries

^SM Service mark, Valvoline or its subsidiaries, registered in various countries

Forward-Looking Statements

Certain statements in this news release, other than statements of historical fact, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include, without limitation, statements regarding the proposed offering of the Notes, the anticipated use of proceeds from the offering, the repayment of indebtedness, the proposed Credit Facilities Amendment, Valvoline’s liquidity, debt maturity profile, borrowing costs, leverage, financial flexibility, capital allocation, future operations, financial or operating results, executing on the growth strategy to create shareholder value by driving the full potential in Valvoline’s core business, delivering sustainable network growth and innovating to meet the changing needs of customers and the car parc; realizing the benefits from acquisitions and refranchising transactions, anticipated business levels, anticipated growth, market opportunities, strategies, competition, and other expectations and targets for future periods. Valvoline has identified some of these forward-looking statements with words such as “anticipates,” “believes,” “expects,” “estimates,” “is likely,” “predicts,” “projects,” “forecasts,” “may,” “will,” “should,” “intends,” and the negative of these words or other comparable terminology. These forward-looking statements are based on Valvoline’s current expectations, estimates, projections, and assumptions as of the date such statements are made and are subject to risks and uncertainties that may cause results to differ materially from those expressed or implied in the forward-looking statements, including risks relating to market conditions, the completion, timing and terms of the Notes offering, the effectiveness and terms of the Credit Facilities Amendment, Valvoline’s ability to repay or refinance indebtedness, changes in interest rates, leverage, liquidity and general economic, financial market and business conditions. Additional information regarding these risks and uncertainties is described in Valvoline’s filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and “Quantitative and Qualitative Disclosures about Market Risk” sections of Valvoline’s most recently filed periodic reports on Forms 10-K and 10-Q, which are available on Valvoline’s website at http://investors.valvoline.com/sec-filings or on the SEC’s website at http://www.sec.gov. Valvoline assumes no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future, unless required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260813250392/en/

FURTHER INFORMATION

Investor Inquiries

Elizabeth B. Clevinger

+1 (859) 357-3155

[email protected]

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August 13, 2026 6:27 pm

Osisko Gold Reports Second Quarter 2026 Results

(All dollar amounts are expressed in Canadian dollars, unless stated otherwise)

HIGHLIGHTS

Q2 2026 (at June 30, 2026)

Financial: ~$837.3 million in cash and cash equivalents; sold 5,547 ounces of gold from small-scale mining activities at the Tintic Project
Financing: Completed convertible senior notes offering for US$300.0 million in gross proceeds
Cariboo Gold Project: Continued pre-construction activities including at the Mine Site Complex, excavation of the Valley Portal, and underground development; completed approx. 13,684 metres of infill drilling in connection with the Appian project financing requirements; released results from an additional 2,995 m of infill and near mine exploration drilling; 13 drill rigs operating across various surface and underground infill and exploration programs at site
Corporate: Approved incentive awards; appointed Sarah MacDonald as VP, Construction Contracting and Commercial and Greg Perrins as VP, Sustainable Development; announced AGM results and nominated Keith McKay to the Board

Subsequent to Q2 2026

Corporate: Completed name change to Osisko Gold Group Inc.
Cariboo Gold Project: Released new drill results from an ongoing surface deeps and infill exploration program; entered Support and Benefits Agreement with the District of Wells; released final results and preliminary internal reconciliation analysis of its completed infill program in the Lowhee Zone; announced first set of new drilling from fourteen holes at the Proserpine greenfield target

TORONTO, Aug. 13, 2026 (GLOBE NEWSWIRE) — Osisko Gold Group Inc. (NYSE: OGG, TSXV: OGG) (“Osisko Gold” or the “Company“) reports its financial and operating results for the three months ended June 30, 2026 (“Q2 2026“).

Q2 2026 HIGHLIGHTS

Operating, Financial and Corporate Updates:

As of June 30, 2026, the Company had approximately $837.3 million in cash and cash equivalents. Approximately $161.4 million (US$113.6 million), inclusive of accrued interest, is outstanding under the initial draw of the US$450 million senior secured project loan credit facility (the “2025 Financing Facility“) with funds advised by Appian Capital Advisory Limited (“Appian“) and $414.3 million (US$300.0 million) was outstanding under the convertible senior notes for the development and construction of the Cariboo Gold Project.
The Company generated $32.7 million in revenues ($6.9 million in Q2 2025) and $12.0 million in cost of sales ($4.1 million in Q2 2025) from the sale of 5,547 gold ounces from small-scale activities including heap leaching of certain tailings and stockpile material and direct shipping of mineralized material at the Tintic Project, generating an operating income of $8.1 million ($16.3 million loss in Q2 2025).
On April 1, 2026, the Company granted an aggregate of (i) 1,104,400 stock options of the Company (the “Options“), and (ii) 1,426,600 restricted share units of the Company (“RSUs“) to certain senior officers and non-executive employees (collectively, the “Incentive Awards“), pursuant to the Company’s omnibus equity incentive plan.
On May 4, 2026, the Company appointed Ms. Sarah MacDonald as Vice President, Construction Contracting and Commercial, and on May 19, 2026, the Company appointed Mr. Greg Perrins as Vice President, Sustainable Development.
On May 26, 2026 and May 28, 2026, the Company closed its previously announced offering of US$225.0 million aggregate principal amount of 4.125% convertible senior notes due 2031 and an additional US$75.0 million aggregate principal amount of 4.125% convertible senior notes due 2031, respectively (collectively, the “Convertible Offering“). The Company announced the Convertible Offering on May 20, 2026, and its pricing on May 21, 2026 (refer to Convertible Senior Notes Offering in the MD&A for more detail).
On May 28, 2026, the Company announced its intention to satisfy the fourth of five deferred payments to certain sellers of the Tintic Project in Common Shares of the Company. This payment was completed through the issuance of 871,683 Common Shares on June 10, 2026.
On June 2, 2026, the Company announced that Mr. Duncan Middlemiss would not stand for re-election at its annual and special meeting of shareholders held on June 23, 2026 (the “2026 AGM“) and nominated Keith McKay, alongside other incumbent directors, for election to the Board of Directors at the 2026 AGM. The Company also announced its proposed name change to “Osisko Gold Group Inc.”, which was subsequently approved by shareholders at the 2026 AGM.
On June 9, 2026, the Company announced the completion of its planned 13,000-meter underground infill drilling program at the Cariboo Gold Project, totaling 13,684 m across 142 drillholes completed on 10-meter spacing in the Lowhee Zone. The Company also reported results from an additional 2,995 meters of infill and near-mine exploration drilling in the Lowhee Zone.
On June 24, 2026, the Company announced the results of the 2026 AGM, where all director nominees were elected, PricewaterhouseCoopers LLP was re-appointed as auditor, and shareholders approved both the change of the Company’s registered office from Québec to Ontario and the Company’s name change to “Osisko Gold Group Inc.”. The Company also granted 247,129 deferred share units to its independent directors as part of its annual Board of Directors compensation review.

Cariboo Gold Project – British Columbia, Canada (100%-owned)

Pre-Construction Activities

The Company continues to advance pre-construction activities, including certain surface infrastructure and underground development.

Water treatment plant: Upgrades to the Bonanza Ledge water treatment plant are complete. Final commissioning continues, with full operation expected in Q3 2026.
Underground development: Approximately 2.7 km of underground development has been completed to date. Underground development continues from the existing Cow Portal into the Lowhee Zone and along the main access ramp into the Cow Mountain Zone. Development reached the first access point into the Cow Mountain Zone where a dedicated drill gallery is being advanced to enable infill drilling to support resource conversion, which is expected to commence in Q3 2026 (see Figure 1). Development rates continue to improve as headings advance beyond the Lowhee fault into more favourable ground conditions. Progress through the Lowhee fault zone was below target due to enhanced ground support requirements. At the mine site complex, earthworks have commenced on the second underground access at the Valley Portal. Once established, the Valley Portal will provide a second development front and support critical path primary development access to the Valley and Shaft Zones, which host the majority of the Cariboo Gold deposit’s mineral reserves and mineral resources.
Surface infrastructure: Construction of the waste rock storage facility, the sediment control pond, and other critical infrastructure is progressing. Early works at the mine site complex, which will host the primary processing facility, commenced in Q2 2026 and include tree clearing and geotechnical drilling. Once excavation of the Valley Portal is sufficiently advanced, earthworks and foundation construction for the main water treatment plant are expected to commence in Q3 2026. Installation of the Willow River Bridge, which will provide the Project’s primary access once completed, is also expected to begin in Q3 2026.
Camp upgrade: The site camp upgrade and expansion to 358 rooms is complete and, together with other Company-controlled accommodations, is expected to provide sufficient capacity aligned with peak construction and exploration manpower requirements.
Project Readiness: Detailed engineering and procurement activities continue across key work streams supporting project readiness. Key areas of focus include process plant design work, site infrastructure and layout optimization, procurement of certain long-lead and major equipment packages, vendor engagement and technical bid evaluations, among others. In parallel, third-party reviews of key engineering, execution and cost inputs are also underway to further de-risk the Project and support a disciplined approach to construction readiness planning.

FIGURE 1:

Cariboo Gold Project underground development; completed (gray) and planned (blue).

Infill Drilling Program

An infill drill program was completed as part of the Appian project financing obligations totaling approximately 13,684 metres. An additional 2,995 m of infill and near mine exploration drilling was released as part of ongoing Lowhee Zone underground drilling.

The Company completed a preliminary internal reconciliation analysis of two localized areas (Zones 1 and 2), comprising an aggregate total of 17,072 metres of infill drilling in 185 diamond drill holes, which illustrated deposit variability broadly consistent with expectations.
Relative to the existing short-term resource model, Zone 1 indicated approximately 30% more tonnes and 6% more gold ounces, at approximately 18% lower gold grade, while Zone 2 indicated approximately 8% fewer tonnes and 8% more gold ounces, at approximately 16% higher gold grade.¹^{(pg. 10)}

Exploration and Conversion Drilling Programs

A multi-faceted exploration drilling campaign across the Cariboo Gold Project and regional targets is underway. The current and planned infill drilling has the objective of (a) supporting greater definition of the existing measured and indicated mineral resources and (b) upgrading inferred mineral resources to higher confidence categories and, where appropriate, potentially converting such resources into mineral reserves after considering applicable modifying factors. Up to 20 drill rigs are expected to be active at times throughout 2026 and beyond, as the various programs overlap and advance, representing up to approximately 160,000 metres of planned drilling across all targets. Thirteen drill rigs are currently operating across all programs, including three drills active underground.

A total of ten drill rigs are currently operating on four surface exploration programs, including three surface drill rigs targeting potential mineralization within and below the current extent of the Cariboo Gold deposit to depths of up to 1,000 metres. To date, approximately 19,215 metres of drilling have been completed, with assay results for 8,971 metres released. Assay results for the remaining drill holes are pending. Underground development of a dedicated drill gallery is progressing in the Cow Zone and is anticipated to support commencement of drilling from the first drill bay in Q3 2026.
A second surface exploration program on the adjacent Proserpine regional greenfield exploration target was ramped up to five drill rigs, with approximately 6,463 metres completed and released, when drilling was paused for caribou calving season. Drilling has recommenced in Q3 2026 with three drill rigs.
A third surface exploration program on the Yanks Peak target, which is helicopter supported, has also started with two drills in August 2026. The fourth surface exploration program started in Q3 2026 with two drills at the QR Mine.

FIGURE 2:

Mine Site Complex processing facility site preparation works.

FIGURE 3:

Ongoing Valley portal excavation with bedrock exposed at the Mine Site Complex.

FIGURE 4:

Waste rock storage facility and sediment control pond.

FIGURE 5:

Site camp upgrade and expansion to 358 rooms.

Tintic Project – Utah, U.S.A. (100%-owned)

Small-Scale Processing and Test Mining Activities: In the second quarter, the Company continued small-scale heap leaching and direct shipping of mineralized material which generated sales of 5,547 ounces of gold including direct shipping of 4,879 tonnes at an average grade of 38.71 grams per tonne of gold with an average payability factor of 89.5%. An additional 2,954 tonnes of higher-grade mineralized material was stockpiled for direct shipping as of the end of Q2 2026 and was subsequently shipped for processing in July 2026. Test mining is anticipated to continue in Q3 and Q4 2026, and into 2027.
While management continues to evaluate options for the next steps at the Tintic Project, it is expected that limited activities beyond care and maintenance may occur on the Tintic Project from time to time, including any additional direct shipping of mineralized material from the Trixie test mine.

2026 OBJECTIVES

Activity	Expected Timing of Completion ⁽ ¹ ⁾	Anticipated 2026 Cost ⁽ ² ⁾
Cariboo Gold Project
Underground Development	Q4 2026	$19.7 million
Regional surface exploration drilling	Q4 2026	$17.5 million
Mine design, processing, water management, infrastructure and other	Q4 2026	$11.4 million
Underground Infill Drilling for Resource conversion to improve confidence	Q4 2026	$4.9 million
Surface (Directional) Infill Drilling for Resource conversion to improve confidence	Q4 2026	$4.1 million
Surface (Directional) Drilling to expand Mineral Resource Estimate at depth (up to 300 metres below current Mineral Resource Estimate)	Q4 2026	$1.8 million
Surface Drilling to expand geology and mineralization at depth (+700 metres below surface)	Q4 2026	$4.2 million

Note:

For the portion of activities to be incurred in 2026.
The expenditures disclosed in this table include amounts approved by the Board of Directors as at June 30, 2026, net of amounts already incurred during the six months ended June 30, 2026. Additional expenditures will be required to complete certain of the objectives and are subject to approval by the Board of Directors.

SUBSEQUENT TO Q2 2026

On July 8, 2026, the Company announced new drill results from eleven (11) surface diamond drill holes totaling 8,971 metres completed between December 2025 and April 2026 as part of an ongoing Cariboo Gold Deeps and near mine gap infill exploration program at the Cariboo Gold Project. Approximately 65% of drilling transected areas outside the current footprint of the Cariboo Gold deposit, and results confirmed the presence of high-grade mineralization to a maximum vertical depth below surface of 718 metres in IM-26-001.
On July 14, 2026, the Company changed its name from “Osisko Development Corp.” to “Osisko Gold Group Inc.” and changed the province of its registered office from Québec to Ontario. In connection with the name change, the Common Shares traded under its new trading symbol, “OGG”, at the start of trading on July 20, 2026 on each of the TSXV and the NYSE. In addition, the trading symbols for the Company’s common share purchase warrants also changed effective at market open on July 20, 2026: (i) warrants trading under “ODVWZ” on the Nasdaq Stock Market (“Nasdaq“) and “ODV.WT.U” on the TSXV changed to “OGGWZ” and “OGG.WT.U”, respectively; and (ii) warrants trading on the TSXV under “ODV.WT.A” and “ODV.WT.V” changed to “OGG.WT.A”, and “OGG.WT.V”, respectively.
On July 22, 2026, the Company announced that, through its wholly owned subsidiary, Barkerville, it entered into a Support and Benefits Agreement (the “SupportAgreement“) with the District of Wells, British Columbia (the “District“), effective July 21, 2026, to support social and economic initiatives within the District in respect of the Cariboo Gold Project. Over its three-year term, the Support Agreement contemplates voluntary financial contributions by the Company of up to $3.0 million in aggregate, subject to the Company’s sole discretion and continued participation under the Support Agreement.
On July 23, 2026, the Company announced final results and preliminary internal reconciliation analysis of its previously completed infill drilling program in the Lowhee Zone of the Cariboo Gold Project. The preliminary internal reconciliation analysis of two localized areas, comprising an aggregate total of 17,072 metres of infill drilling in 185 diamond drill holes, illustrated deposit variability consistent with expectations, and is subject to ongoing evaluation and modelling.
On August 5, 2026, the Company announced the first set of new drilling results from fourteen (14) surface diamond drill holes totaling 6,463 metres completed between February and May 2026 as part of an ongoing exploration program on the Proserpine regional greenfield target, located within the broader Cariboo Gold Project property boundary. Results to date confirm the presence of an emerging gold mineralized system comprising high-grade structures and broader zones of lower-grade mineralization that may indicate potential for bulk mining methods.

Consolidated Financial Statements

The Company’s unaudited condensed interim consolidated financial statements (the “Financial Statements“) and related management’s discussion and analysis (“MD&A“) for the three months ended June 30, 2026 have been filed with Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. These filings are available on the Company’s website at www.osiskogold.ca, on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov) under Osisko Gold’s issuer profile.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed, verified and approved by Scott Smith, P. Geo., Vice President, Exploration of Osisko Gold, a “qualified person” within the meaning of NI 43-101. Verification includes core photo and three-dimensional review of logged drillhole data and assays consistent with the Company’s standard procedures.

The exploration results disclosed in this news release are based on incomplete data and are preliminary in nature. There are no known drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data; however, readers are cautioned that additional drilling and sampling may result in materially different results than those presented herein.

Technical Reports

Scientific and technical information relating to the Cariboo Gold Project and the 2025 feasibility study on the Cariboo Gold Project is supported by the technical report, titled “NI 43-101 Technical Report, Feasibility Study for the Cariboo Gold Project, District of Wells, British Columbia, Canada” dated June 11, 2025 (with an effective date of April 25, 2025) (the “Cariboo Technical Report“).

Scientific and technical information relating to the Tintic Project and the current mineral resource estimate for the Trixie deposit (the “2024 Trixie MRE“) is supported by the technical report titled “NI 43-101 Technical Report, Mineral Resource Estimate for the Trixie Deposit, Tintic Project, Utah, United States of America” dated April 25, 2024 (with an effective date of March 14, 2024) (the “Tintic Technical Report” and, together with the Cariboo Technical Report, the “Technical Reports“).

For readers to fully understand the information in the Technical Reports, reference should be made to the full text of the Technical Reports in their entirety, including all assumptions, parameters, qualifications, limitations and methods therein. The Technical Reports are intended to be read as a whole, and sections should not be read or relied upon out of context. The Technical Reports were prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) and are available electronically on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov) under Osisko Gold’s issuer profile and on the Company’s website at www.osiskogold.ca.

End Notes (excluding tables)

The reconciliation analysis results for Zones 1 and 2 are preliminary and internal and do not constitute an updated mineral reserve or mineral resource estimate. The results relate only to the specified areas evaluated and should not be interpreted to be representative of, or applicable to, the mineral reserve or mineral resource estimate set out in the Cariboo Technical Report.

ABOUT OSISKO GOLD GROUP INC. Osisko Gold Group Inc. is a continental North American gold development company focused on past producing mining camps with district-scale potential. The Company’s objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100%-owned Cariboo Gold Project, located within the Company’s broader Cariboo regional land package in central British Columbia, Canada, which hosts numerous prospective exploration targets and provides opportunities for future discoveries. Its Cariboo project pipeline is complemented by the Tintic Project, located in the historic East Tintic mining district in Utah, U.S.A., a brownfield property with significant exploration potential, extensive historical mining data, and access to established infrastructure. Osisko Gold is focused on developing long-life mining assets in mining-friendly jurisdictions while maintaining a disciplined approach to capital allocation, development risk management, and mineral inventory growth.

For further information, visit our website at www.osiskogold.ca or contact:

Sean Roosen Chairman and CEO	Philip Rabenok Vice President, Investor Relations
Email: [email protected]	Email: [email protected]
Tel: +1 (514) 940-0685	Tel: +1 (437) 423-3644

CAUTIONARY STATEMENTS

Cautionary Statement Regarding Financing Risks

The Company’s development and exploration activities are subject to financing risks. As of the date hereof, the Company has exploration and development assets which may generate periodic revenues through test mining but has no mines in the commercial production stage that generate positive cash flows. The Company cautions that test mining at its operations could be suspended at any time. The Company’s ability to explore for and discover potential economic projects, and then to bring them into production, is highly dependent upon its ability to raise equity and debt capital in the financial markets. Any projects that the Company develops will require significant capital expenditures. To obtain such funds, the Company may sell additional securities including, but not limited to, the Company’s shares or some form of convertible security, the effect of which may result in a substantial dilution of the equity interests of the Company’s shareholders. Alternatively, the Company may also sell a part of its interest in an asset in order to raise capital. There is no assurance that the Company will be able to raise the funds required to continue its exploration programs and finance the development of any potentially economic deposit that is identified on acceptable terms or at all. The failure to obtain the necessary financing(s) could have a material adverse effect on the Company’s growth strategy, results of operations, financial condition and project scheduling.

Cautionary Statement Regarding Test Mining Not Supported by a Feasibility Study

Certain operations of the Company including prior test mining activities at the Tintic Project’s Trixie test mine, have operated without the benefit of a feasibility study including mineral reserves, demonstrating economic and technical viability, and, as a result, there may be increased uncertainty of achieving any particular level of recovery of material or the cost of such recovery. The Company cautions that, historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that commercial production will commence, continue as anticipated or at all or that anticipated production costs will be achieved. The failure to commence or continue production could have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs could have a material adverse impact on the Company’s cash flow and potential profitability.

Cautionary Statement to U.S. Investors

As a foreign private issuer under U.S. securities laws that files reports under the Canada-U.S. multijurisdictional disclosure system, the Company is permitted to prepare and report information regarding mineral properties, mineralization and estimates of mineral reserves and mineral resources, including the information in its technical reports, financial statements and MD&A, in accordance with Canadian reporting requirements, which are governed by NI 43-101. As such, such information concerning mineral properties, mineralization and estimates of mineral reserves and mineral resources, including the information in its technical reports, financial statements and MD&A, is not comparable to similar information made public by most companies subject to U.S. mineral property disclosure requirements of the U.S. Securities and Exchange Commission (“

SEC

“).

Further to recent amendments, U.S. mineral property disclosure requirements (the “

SEC Rules

“) are now governed by subpart 1300 of Regulation S-K under the U.S. Securities Act. Under the SEC Rules, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources.” In addition, the SEC has amended its definitions of “proven mineral reserves” and “probable mineral reserves” to be “substantially similar” to the corresponding standards adopted by the Canadian Institute of Mining, Metallurgy and Petroleum, adopted by the CIM Council (“

CIM Standards

“), which is the required definition standard adopted by NI 43-101. While the SEC will now recognize “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”, U.S. investors should not assume that any part or all of the mineralization in these categories will ever be converted into a higher category of mineral resources or into mineral reserves. Mineralization described using these terms has a greater amount of uncertainty as to its existence and feasibility than mineralization that has been characterized as reserves. Accordingly, U.S. investors are cautioned not to assume that any measured mineral resources, indicated mineral resources, or inferred mineral resources that the Company reports are or will be economically or legally mineable. Further, “inferred mineral resources” have a greater amount of uncertainty as to their existence and as to whether they can be mined legally or economically. Therefore, U.S. investors are also cautioned not to assume that all or any part of the “inferred mineral resources” exist. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. While the above terms are “substantially similar” to CIM Standards, there are differences in the definitions under the SEC Rules and the CIM Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as “proven mineral reserves”, “probable mineral reserves”, “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the SEC Rules.

Risks related to the development of the Cariboo Gold Project

The development of a new mining operation, including the construction of processing facilities, tailings storage infrastructure, access roads, power supply and other supporting infrastructure, is a complex and costly undertaking. The Cariboo Gold Project remains in the development stage and there is no certainty that it will be brought into commercial production within anticipated timelines, at anticipated costs, or at all. The results of the Cariboo Technical Report are based on a number of assumptions, including, among others, geological interpretations, estimated mineral resources and mineral reserves, metallurgical recoveries, construction schedules, capital and operating costs, labour and equipment availability, transportation and energy costs, regulatory requirements, and projected commodity prices. These assumptions are inherently uncertain and may prove to be inaccurate.

Actual results, costs and development timelines may differ materially from those currently anticipated due to factors such as: unforeseen geological conditions; changes to mine plan optimization; equipment failures; shortages of skilled labour and contractors; increases in the cost of materials, equipment or energy; design modifications; delays related to permitting or receipt of government approvals; adverse weather or climate conditions; and community and/or Indigenous opposition. In addition, the development of mining projects often requires substantial capital expenditures, and delays or cost overruns may require the Company to seek additional financing, which may not be available on favorable terms or at all. If the Company is unable to complete construction and development of the Cariboo Gold Project on a timely and cost-effective basis, or if operating performance following commissioning is materially lower than expected, the project may fail to achieve anticipated economic results. Any such events could have a material adverse effect on the Company’s business, financial condition and results of operations.

CAUTION REGARDING FORWARD LOOKING STATEMENTS

This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended) (collectively, “forward-looking statements”). Such forward-looking statements, by their nature, require Osisko Gold to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Such forward-looking statements are not guarantees of performance and are identified with words such as “may”, “will”, “would”, “could”, “expect”, “believe”, “plan”, “anticipate”, “intend”, “estimate”, “potential”, “propose”, “project”, “outlook”, “foresee”, “continue”, “objective”, “strategy”, variants of these words or the negative or comparable terminology, as well as terms usually used in the future and the conditional. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including statements pertaining to: the availability and use of proceeds of the 2025 Financing Facility (including the ability and timing to satisfy conditions precedent to subsequent draws under the 2025 Financing Facility (if at all)) and proceeds from the Convertible Offering; continued advancement and de-risking of the Cariboo Gold Project (if at all); the ability to develop the Cariboo Gold Project; the exploration potential, prospectivity and potential for future discoveries (if any) of its properties; expectations regarding the Company’s capital requirements to advance the Cariboo Gold Project to production; the ability of the Company to raise or arrange for the remaining funding required to complete the construction of the Cariboo Gold Project; the Company’s strategy and objectives relating to the Cariboo Gold Project as well as its other projects; the impact of the 2025 Financing Facility, the Convertible Offering, and other financings on the Company and its financial position and allocation; the ability of the Company to service and repay principal related to the 2025 Financing Facility and the Convertible Offering whether from the operation of the Cariboo Gold Project or other sources of funds; the assumptions, qualifications and limitations relating to the Cariboo Gold Project being fully permitted and the advancement of pre-construction and early works activities; the anticipated timing for the Bonanza Ledge water treatment plant to become fully operational in Q3 2026; whether the Company’s water treatment plant and facilities will operate to expectations and meet permit conditions; the ability, progress and timing in respect of underground development at the Cariboo Gold Project, including development from the Cow Portal into the Lowhee Zone, along the main access ramp into the Cow Mountain Zone, and excavation of the Valley Portal; expectations regarding the improvement of underground development rates as headings advance beyond the Lowhee fault zone into more favourable ground conditions; the ability, progress and timing of surface infrastructure construction, including the waste rock storage facility, sediment control pond, mine site complex early works, main water treatment plant, and installation of the Willow River Bridge expected to commence in Q3 2026; the anticipated benefits and capacity of the expanded camp to meet peak construction and exploration manpower requirements; the progress and timing of detailed engineering, procurement activities, project readiness, and third-party reviews to de-risk the Project and support construction readiness planning; the ability, progress and timing in respect of exploration and infill drilling activities at the Cariboo Gold Project and on regional targets, including the surface deeps and near mine gap infill exploration program, the Proserpine regional greenfield target, the Yanks Peak target, and the QR Mine; whether additional mineral resources will be developed as a result of exploration drilling at depth within the Cariboo mine area, and/or on exploration targets beyond the mine area; the ability and expectations of current and planned infill and conversion drilling, including from the underground drill gallery expected to commence in Q3 2026, to support greater definition of existing measured and indicated mineral resources and upgrade inferred mineral resources to higher confidence resource categories and potentially convert such resources into mineral reserves, after considering applicable modifying factors (if at all); the continuation of surface exploration drilling activities and receipt of pending assay results; the utility and significance of the preliminary internal reconciliation analysis of the Lowhee Zone infill program; the continuation of small-scale heap leaching, direct shipping of mineralized material, and test mining activities at the Tintic Project in Q3 and Q4 2026 and into 2027; the ability of the Company to sustain ongoing small-scale processing and mining activities at the Tintic Project (if at all); the continuation of limited activities beyond care and maintenance at the Tintic Project; whether current and planned test mining at Tintic will generate positive cash flow after deducting all costs; the anticipated benefits (if any) of the Support and Benefits Agreement with the District of Wells; assumptions, qualifications and parameters underlying the Cariboo Technical Report (including, but not limited to, the mineral resources, mineral reserves, production profile, mine design and project economics); the ability of the Company to achieve the estimates outlined in the Cariboo Technical Report in the timing contemplated (if at all); the ability to achieve the capital and operating costs outlined in the Cariboo Technical Report (if at all); management’s perceptions of historical trends, current conditions and expected future developments; future mining activities; the ability and timing for the Cariboo Gold Project to reach commercial production (if at all); sustainability and environmental impacts of operations at the Company’s properties; future gold prices; the costs required to advance the Company’s properties; regulatory framework remaining defined and understood; and any other information herein that is not a historical fact may be “forward looking information”.

Osisko Gold considers its assumptions to be reasonable based on information currently available but cautions the reader that their assumptions regarding future events, many of which are beyond the control of Osisko Gold, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect Osisko Gold and its business. Such risks and uncertainties include, but are not limited to: the absence of further work stoppages or suspensions at the Cariboo Gold Project; risks relating to third-party approvals, including the issuance of permits by governments, favourable regulatory conditions and approvals, capital market conditions and the Company’s ability to access capital on terms acceptable to the Company for the contemplated exploration and development at the Company’s properties; the absence of unforeseen ground conditions or other geological challenges; the ability to continue current operations and exploration; regulatory framework and presence of laws and regulations that may impose restrictions on mining; errors in management’s geological modelling; the timing and ability of the Company to obtain and maintain required approvals and permits; the results of exploration activities; the availability of necessary equipment, supplies and infrastructure; risks relating to exploration, development and mining activities; the global economic climate; fluctuations in metal and commodity prices; fluctuations in the currency markets; dilution; environmental risks; and community, non-governmental and governmental actions and the impact of stakeholder actions. Osisko Gold is confident a robust consultation process was followed in relation to its received BC Mines Act and Environmental Management Act permits for the Cariboo Gold Project and continues to actively consult and engage with Indigenous nations and stakeholders. While any party may seek to have the decision related to the BC Mines Act and/or Environmental Management Act permits reviewed by the courts, the Company does not expect that such a review would, were it to occur, impact its ability to proceed with the construction and operation of the Cariboo Gold Project in accordance with the approved BC Mines Act and Environmental Management Act permits. Readers are urged to consult the disclosure provided under the heading “Risk Factors” in the Company’s annual information form for the year ended December 31, 2025 as well as those risks and factors disclosed in the Company’s most recent financial statements and management’s discussion and analysis and other public filings filed under Osisko Gold’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the SEC’s EDGAR website (www.sec.gov), for further information regarding the risks and other factors facing the Company, its business and operations. Although the Company believes the expectations conveyed by the forward-looking statements are reasonable based on information available as of the date hereof, no assurances can be given as to future results, levels of activity and achievements. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. Forward-looking statements are not guarantees of performance and there can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Readers are cautioned that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking statements contained herein are made as of the date of this news release and, except as required by applicable law, the Company undertakes no obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a137966b-1046-43d0-bca9-d07285c5a135
https://www.globenewswire.com/NewsRoom/AttachmentNg/208e7c94-dd67-4d71-ae39-4361ed665482
https://www.globenewswire.com/NewsRoom/AttachmentNg/d544d467-30ba-4917-bc85-a7ed4fbae5f2
https://www.globenewswire.com/NewsRoom/AttachmentNg/a56541b0-97f1-410b-944f-139fd9d14981
https://www.globenewswire.com/NewsRoom/AttachmentNg/150060a2-57d6-4960-9050-d5f725e4e45c
https://www.globenewswire.com/NewsRoom/AttachmentNg/e0796b15-0334-4c6b-937a-ee4f49b31946

August 13, 2026 6:21 pm

Tropical Storm Lala: U-Haul Offers 30 Days Free Storage Across Hawaii

Tropical Storm Lala: U-Haul Offers 30 Days Free Storage Across Hawaii

HONOLULU–(BUSINESS WIRE)–
U-Haul^® is proactively offering 30 days of free self-storage and U-Box^® container use to Hawaii residents ahead of Tropical Storm Lala, which is forecast to bring flooding, mudslides, and damaging winds to the islands this weekend.

Lala is expected to gradually intensify while moving west-northwest toward the Big Island, with heavy rain starting Friday and then spreading across the island chain throughout the weekend. The Big Island is under a hurricane watch. The system could bring life-threatening flash flooding and mudslides to areas of steep terrain, along with dangerous surf and high waves.

Figgy Feigenspan, U-Haul Co. of Hawaii president, is offering the disaster relief program ahead of the storm for anyone wanting to secure belongings now. The offer will remain in place after Lala hits for residents needing storage services during cleanup and recovery efforts.

Access to self-storage units and portable storage containers is essential to communities before, during and after natural disasters strike. U-Haul is ready to help anyone affected by the flooding who needs a secure storage solution at no cost for one month.

The 30 days free offer applies to new self-storage and U-Box rentals and is based on availability. The U-Box offer is for on-site storage at participating facilities; delivery is available for a modest fee.

Call or stop by any of the five U-Haul-owned and -operated facilities below to arrange 30 days of free storage.

U-Haul Moving & Storage of Honolulu

2722 Kilihau St.

Honolulu, HI 96819

(808) 836-0977

U-Haul Moving & Storage of Iwilei

720 Iwilei Road

Honolulu, HI 96817

(808) 829-4839

U-Haul Moving & Storage of Kakaako

438 Kamakee St.

Honolulu, HI 96814

(808) 725-3405

U-Haul Moving & Storage of Maui-Kahului

424 Dairy Road

Kahului, HI 96732

(808) 249-8041

U-Haul Moving & Storage at Kailua-Kona

74-5484 Kaiwi St.

Kailua-Kona, HI 96740

(808) 374-2049

In addition to its 30 days free self-storage disaster relief program, U-Haul is proud to be at the forefront of aiding communities in times of need as an official American Red Cross Disaster Responder.

For customers needing storage beyond the free period, the U-Haul 1-Year Price Lock is now available at 2,100 Company-owned facilities across the U.S. and Canada. Fixed-rate storage ensures at least 12 months with no price increase on your rental unit, and U-Haul never charges admin fees or deposits. Learn more at uhaul.com/Storage/1-Year-Price-Lock.

About U-HAUL

Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers with more than 25,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers’ patronage has enabled the U-Haul fleet to grow to approximately 207,600 trucks, 136,500 trailers and 43,200 towing devices. U-Haul, which offers rate transparency to self-storage customers through its 1-Year Price Lock, is the third largest storage operator in North America with 1,147,300 rentable storage units and 100.3 million square feet of self-storage space at owned and managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260813841295/en/

Dillon Rosenblatt

E-mail: [email protected]

Phone: 602-263-6194

Website: uhaul.com

KEYWORDS: Hawaii United States North America

INDUSTRY KEYWORDS: Retail Natural Disasters Consumer Other Transport Other Construction & Property Commercial Building & Real Estate Construction & Property Other Philanthropy Philanthropy Transport Environment Other Retail Other Consumer Specialty

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August 13, 2026 6:16 pm

Reddit Set to Join S&P 500 and Sun Communities to Join S&P MidCap 400

PR Newswire

NEW YORK, Aug. 13, 2026 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P 500 and S&P MidCap 400:

Reddit Inc. (NYSE: RDDT) will replace AvalonBay Communities Inc. (NYSE: AVB) in the S&P 500 effective prior to the opening of trading on Tuesday, August 18. S&P 500 constituent Equity Residential (NYSE: EQR) is acquiring AvalonBay Communities in a deal expected to be completed soon, pending final conditions. Post merger, the combined company will be renamed Vivmark Residential (NYSE: VMRK) and will remain in the S&P 500.
Sun Communities Inc. (NYSE: SUI) will replace Webster Financial Corp. (NYSE: WBS) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, August 20. Banco Santander S.A. (BMEX / NYSE: SAN) is acquiring Webster Financial in a deal expected to be completed soon pending final conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name		Action	Company Name	Ticker	GICS Sector
August 18, 2026	S&P 500	Addition		Reddit	RDDT	Communication Services
August 18, 2026	S&P 500	Deletion		AvalonBay Communities	AVB	Financials
August 20, 2026	S&P MidCap 400	Addition		Sun Communities	SUI	Real Estate
August 20, 2026	S&P MidCap 400	Deletion		Webster Financial	WBS	Financials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.

FOR MORE INFORMATION:

S&P Dow Jones Indices

[email protected]

Media Inquiries

[email protected]

View original content:https://www.prnewswire.com/news-releases/reddit-set-to-join-sp-500-and-sun-communities-to-join-sp-midcap-400-302851432.html

SOURCE S&P Dow Jones Indices

August 13, 2026 6:09 pm

Afya Limited Announces Second-Quarter and First-Half 2026 Financial Results

Afya Limited Announces Second-Quarter and First-Half 2026 Financial Results

R$448 Million Returned to Shareholders

106% of 1H26 FCFE Distributed Through Dividends and Share Repurchases

BELO HORIZONTE, Brazil–(BUSINESS WIRE)–Afya Limited (Nasdaq: AFYA; B3: A2FY34) (“Afya” or the “Company”), the leading medical education group and medical practice solutions provider in Brazil, reported today its financial and operating results for the three and six-month period, which ended June 30, 2026 (second quarter 2026). Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards (“IFRS”).

Second Quarter 2026 Highlights

2Q26 Revenue increased 5.7% YoY to R$972.1 million. Revenue excluding acquisitions increased 5.4%, reaching R$969.3 million.
2Q26 Adjusted EBITDA increased 1.4% YoY, reaching R$406.5 million, with an Adjusted EBITDA Margin of 41.8%. Adjusted EBITDA Margin decreased -180 bps YoY. Adjusted EBITDA excluding acquisitions grew 1.2%, reaching R$405.6 million, with an Adjusted EBITDA Margin of 41.8%.
2Q26 Net Income increased 14.0% YoY, reaching R$201.3 million. Basic EPS growth was 16.7% in the same period.

First-Half 2026 Highlights

1H26 Revenue increased 7.0% YoY to R$1,984.8 million. Revenue excluding acquisitions increased 6.6%, reaching R$1,977.6 million.
1H26 Adjusted EBITDA increased 2.8% YoY, reaching R$918.0 million, with an Adjusted EBITDA Margin of 46.2%. Adjusted EBITDA Margin decreased -190 bps YoY. Adjusted EBITDA excluding acquisitions grew 2.6%, reaching R$915.7 million, with an Adjusted EBITDA Margin of 46.3%.
1H26 Net Income increased 6.8% YoY, reaching R$463.1 million. Basic EPS growth was 8.6% in the same period.
Operating Cash Conversion ratio of 87.8% and a Cash Flow from Operating Activities of R$ 805.5 million, with a solid cash position of R$1,006.5 million. R$447.9 million returned to shareholders in 1H26 through dividends and share repurchases, surpassing Free Cash Flow to Equity of R$423.4 million in the period and reflecting a payout ratio of 105.8%.
~295 thousand users in Afya’s ecosystem.

*Table 1: Financial Highlights*
	For the three months period ended June 30,					For the six months period ended June 30,
(in thousand of R$)	2026	2026 Ex Acquisitions*	2025	% Chg	% Chg Ex Acquisitions	2026	2026 Ex Acquisitions*	2025	% Chg	% Chg Ex Acquisitions
(a) Revenue	972,097	969,267	919,400	5.7%	5.4%	1,984,809	1,977,641	1,855,760	7.0%	6.6%
(b) Adjusted EBITDA ¹	406,539	405,629	400,844	1.4%	1.2%	917,958	915,740	892,814	2.8%	2.6%
(c) = (b)/(a) Adjusted EBITDA Margin	41.8%	41.8%	43.6%	-180 bps	-180 bps	46.2%	46.3%	48.1%	-190 bps	-180 bps
Net income	201,294	–	176,542	14.0%	–	463,057	–	433,578	6.8%	–
Basic Earnings per Share – in R$	2.22	–	1.90	16.7%	–	5.10	–	4.69	8.6%	–
*For the three months period ended June 30, 2026, “2026 Ex Acquisitions” excludes: FUNIC (April to May, 2026; Closing of FUNIC was in May 2025).
*For the six months period ended June 30, 2026, “2026 Ex Acquisitions” excludes: FUNIC (January to May, 2026; Closing of FUNIC was in May 2025).
(1) See more information on “Non-GAAP Financial Measures” (Item 08).

Message from Management

During the first half of 2026, Afya continued to execute its strategy with discipline, delivering revenue growth while advancing the investment cycle outlined for the year. The resilience of our Medical Education business supported another quarter of profitable growth and strong cash generation.

In Undergraduate, Revenue reached R$1,762.2 million in the first half of 2026, a 7.4% year-on-year increase, driven by our Medical School and Health Sciences undergraduate programs. Revenue from Medical Schools totaled R$1,499.4 million in the first half, a 6.5% increase year-on-year, supported by a 3.9% increase in Medical School net average ticket and the continued expansion of our medical student base, which expanded 2.7% year-over-year from 25,733 to 26,421 students. Revenue was further supported by the continued expansion of our Health Sciences student base, which grew 18.0% year-over-year from 25,718 to 30,350 students, reflecting the diversification of our health-related undergraduate portfolio and the strength of Afya’s brand within the health segment.

In Continuing Education, Revenue reached R$143.9 million in the first half, a 4.6% increase year-on-year, driven by a higher intake in short-term programs that carry a lower average ticket per student. The total base reached 56,237, a 23.6% year-on-year increase. In Medical Practice Solutions, Revenue reached R$85.3 million in the first half, a 1.5% increase year-on-year. Clinical Management active payers grew 20.4% year-on-year to 50,499, reflecting the continued execution of the product investment cycle in our 2026 strategy.

Our capital allocation discipline remains grounded in value creation. We continuously evaluate acquisition opportunities and deploy capital only when transactions meet our strategic and financial return thresholds. When opportunities do not satisfy these criteria, we return excess capital to shareholders through dividends and our share repurchase program. Supported by our strong cash generation, this approach resulted in R$447.9 million returned to shareholders in the first half of 2026, of which R$314.9 million was distributed as dividends, equivalent to 40% of Afya’s 2025 consolidated net income, and R$133.0 million was deployed in share repurchases, representing 2.7 million shares or approximately 3% of total shares outstanding under our current buyback program. This amount represents 106% of 1H26 Free Cash Flow to Equity, while Net Debt excluding IFRS16 remained broadly stable compared to December 2025. This discipline, combined with our earnings trajectory, translates into a compelling return profile: our last twelve months free cash flow to equity yield of 11% and EPS growth of 13% combine to imply a 24% potential annual equity return at a constant valuation multiple.

Looking ahead, we remain confident in the strength of our strategy and the quality of our platform. We will keep investing in our ecosystem, supporting physicians at every stage of their careers, and creating sustainable value for students, physicians and shareholders.

1. Key Events in the Quarter

On May 5, 2026, Moody’s reaffirmed Afya’s credit rating at AAA.br and maintained a stable outlook. The reaffirmation of Afya’s AAA.br rating and stable outlook reflects revenue growth, a track record of above-industry-average margins, very strong credit metrics, exceptional cash generation, and robust liquidity. In addition, Afya’s credit profile reflects a strong competitive position and a predictable financial policy, including proactive liability management and prudent capital allocation, despite its appetite for M&As.

2. Subsequent Events

On July 29, 2026, the Company announced that Marcelo Ken Suhara was appointed, on July 27, 2026, as Chair Member of its Audit, Risks and Ethics Committee. Mr. Suhara, who currently serves as an independent member of Afya’s Board of Directors and a member of the Audit, Risks and Ethics Committee and the Audit Committee financial expert, succeeds João Paulo Seibel de Faria as the Chair Member of the Audit, Risks and Ethics Committee and will continue to serve as the Audit Committee financial expert and an independent member of the Board of Directors.

The appointment follows the passing of João Paulo Seibel de Faria, who served as the Chair Member of the Audit, Risks and Ethics Committee and as an independent member of the Company’s Board of Directors. The Company expresses its deepest gratitude to Mr. Faria for his dedication, leadership and meaningful contributions to Afya’s governance and long-term success throughout his tenure. The Board of Directors and management team extend their sincere condolences to Mr. Faria’s family and loved ones.

3. 2026 Guidance

The Company is reaffirming its 2026 guidance, which assumes the successful acceptance of new students for the second semester of 2026. The guidance for 2026 is defined in the following table:

		Guidance for 2026¹
Revenue		R$ 3,950 mn ≤ ∆ ≤ R$ 4,100 mn
Adjusted EBITDA		R$ 1,700 mn ≤ ∆ ≤ R$ 1,800 mn
CAPEX		R$ 340 mn ≤ ∆ ≤ R$ 380 mn
(1) Excludes any acquisition that may be concluded after the issuance of the guidance.

4. 2Q26 Overview

Segment Information

The Company has three reportable segments as follows:

Undergraduate, previously denominated Undergrad, which provides educational services through undergraduate courses related to medical school, undergraduate health science and other ex-health undergraduate programs;

Continuing Education, which provides medical education (including residency preparation programs, specialization test preparation and other medical capabilities), specialization and graduate courses in medicine, delivered through digital and in-person content; and

Medical Practice Solutions, which provides clinical decision, clinical management and doctor-patient relationships for physicians and provides access, demand and efficiency for the healthcare players.

Key Revenue Drivers – Undergraduate Programs

*Table 2: Key Revenue Drivers*	Six months period ended June 30,
	2026	2025	% Chg
Undergraduate Programs
MEDICAL SCHOOL
Operating Seats ¹	3,768	3,543	6.4%
Total Students (end of period)	26,421	25,733	2.7%
Average Total Students	26,458	25,806	2.5%
Average Total Students (ex-Acquisitions)*	26,339	25,806	2.1%
Revenue (Total – R$ ‘000)	1,499,444	1,407,348	6.5%
*Revenue (ex-Acquisitions – R$ ‘000)**	1,492,276	1,407,348	6.0%
*Medical School Net Avg. Ticket (ex- Acquisitions – R$/month)**	9,443	9,089	3.9%
UNDERGRADUATE HEALTH SCIENCE
Total Students (end of period)	30,350	25,718	18.0%
Average Total Students	30,719	25,926	18.5%
Average Total Students (ex-Acquisitions)*	30,719	25,926	18.5%
Revenue (Total – R$ ‘000)	147,475	130,604	12.9%
*Revenue (ex-Acquisitions – R$ ‘000)**	147,475	130,604	12.9%
OTHER EX- HEALTH UNDERGRADUATE
Total Students (end of period)	37,367	33,090	12.9%
Average Total Students	38,363	34,043	12.7%
Average Total Students (ex-Acquisitions)*	38,363	34,043	12.7%
Revenue (Total – R$ ‘000)	115,262	103,549	11.3%
*Revenue (ex-Acquisitions – R$ ‘000)**	115,262	103,549	11.3%
Total Revenue
Revenue (Total – R$ ‘000)	1,762,181	1,641,501	7.4%
*Revenue (ex-Acquisitions – R$ ‘000)**	1,755,013	1,641,501	6.9%
* For the six-month period ended June 30, 2026, “2026 Ex Acquisitions” excludes: FUNIC (January to May, 2026); Closing of FUNIC was in May 2025).
(1) Reported medical school seats do not reflect any potential reductions resulting from ENAMED.

Key Revenue Drivers – Continuing Education

*Table 3: Key Revenue Drivers*	Six months period ended June 30,
	2026	2025	% Chg
Continuing Education
Total Students (end of period)¹
Residency Journey – Business to Physicians B2P	9,244	9,224	0.2%
Graduate Journey – Business to Physicians B2P	10,213	9,055	12.8%
Other Courses – B2P and B2B Offerings	36,780	27,226	35.1%
Total Students (end of period)	56,237	45,505	23.6%
Revenue (R$ ‘000)
Business to Physicians – B2P	134,800	125,379	7.5%
Business to Business – B2B	9,054	12,141	-25.4%
Total Revenue	143,854	137,520	4.6%
(1) The figure above does not contemplate intercompany transactions.

Key Revenue – Medical Practice Solutions

*Table 4: Key Revenue Drivers*	Six months period ended June 30,
	2026	2025	% Chg
Medical Practice Solutions
Active Payers (end of period)
Clinical Decision	150,048	159,373	-5.9%
Clinical Management	50,499	41,950	20.4%
Total Active Payers (end of period)	200,547	201,323	-0.4%
Monthly Active Users (MaU)
Total Monthly Active Users (MaU)	212,158	230,468	-7.9%
Revenue (R$ ‘000)
Business to Physicians – B2P	75,904	75,051	1.1%
Business to Business – B2B	9,391	8,953	4.9%
Total Revenue	85,294	84,004	1.5%

Key Operational Drivers – Users Positively Impacted by Afya

The Users Positively Impacted by Afya represents the total number of medical students from the Undergraduate segment, students from Continuing Education and users from Medical Practice Solutions. For the second quarter of 2026, Afya’s ecosystem reached 294,816 users.

*Table 5: Key Revenue Drivers*
	2Q26	2Q25	% Chg YoY	1Q26	4Q25	3Q25
Users Positively Impacted by Afya
Undergraduate (Total Medical School Students – End of Period)¹	26,421	25,733	2.7%	26,494	25,556	25,706
Continuing Education (Total Students – End of Period)¹	56,237	45,505	23.6%	56,531	55,039	50,317
Medical Practice Solutions (Monthly Active Users)	212,158	230,468	-7.9%	220,528	220,051	227,941
Ecosystem Outreach	294,816	301,706	-2.3%	303,553	300,646	303,964
(1) Ecosystem outreach does not contemplate intercompany figures. Note that there may be overlap in student numbers within the data.

Revenue

Revenue totaled R$972.1 million in the second quarter of 2026, increasing 5.7% year over year. Excluding acquisitions, Revenue reached R$969.3 million, representing 5.4% organic growth. For the first half of 2026, Revenue totaled R$1,984.8 million, up 7.0% year over year. Excluding acquisitions, Revenue reached R$1,977.6 million, representing 6.6% organic growth.

Revenue growth in the quarter was primarily driven by the continued strength of our Medical Schools, supported by higher net average tickets and the ongoing maturation of operating medical school seats, and the continued expansion of the Health Sciences student base by 18.0%, which together increased organically by 6.6% year over year.

*Table 6: Revenue & Revenue Mix*
(in thousands of R$)	For the three months period ended June 30,					For the six months period ended June 30,
	2026	2026 Ex Acquisitions*	2025	% Chg	% Chg Ex Acquisitions	2026	2026 Ex Acquisitions*	2025	% Chg	% Chg Ex Acquisitions
Revenue Mix
Undergraduate	869,716	866,886	814,129	6.8%	6.5%	1,762,181	1,755,013	1,641,501	7.4%	6.9%
Continuing Education	64,908	64,908	66,417	-2.3%	-2.3%	143,854	143,854	137,520	4.6%	4.6%
Medical Practice Solutions	41,869	41,869	42,320	-1.1%	-1.1%	85,294	85,294	84,004	1.5%	1.5%
Inter-segment transactions	(4,396)	(4,396)	(3,466)	26.8%	26.8%	(6,520)	(6,520)	(7,265)	-10.3%	-10.3%
Revenue (Total – R$ ‘000)	972,097	969,267	919,400	5.7%	5.4%	1,984,809	1,977,641	1,855,760	7.0%	6.6%
*For the three months period ended June 30, 2026, “2026 Ex Acquisitions” excludes: FUNIC (April to May, 2026; Closing of FUNIC was in May 2025).
*For the six months period ended June 30, 2026, “2026 Ex Acquisitions” excludes: FUNIC (January to May, 2026; Closing of FUNIC was in May 2025).

Adjusted EBITDA

Adjusted EBITDA reached R$406.5 million in the second quarter of 2026, an increase of 1.4% year over year, while Adjusted EBITDA Margin was 41.8%, down 180 basis points from the prior-year period. For the first half of 2026, Adjusted EBITDA totaled R$918.0 million, up 2.8% year over year, with an Adjusted EBITDA Margin of 46.2%, down 190 basis points.

The decrease in Adjusted EBITDA Margin primarily reflects a lower gross profit contribution from Continuing Education, driven by a less favorable revenue mix, as well as higher payroll, sales, and marketing expenses associated with the investment cycle across Continuing Education and Medical Practice Solutions.

*Table 7: Reconciliation between Adjusted EBITDA and Net Income*

(in thousands of R$)	For the three months period ended June 30,			For the six months period ended June 30,
	2026	2025	% Chg	2026	2025	% Chg
Net income	201,294	176,542	14.0%	463,057	433,578	6.8%
Net financial result	98,939	94,809	4.4%	193,289	189,803	1.8%
Income taxes expense	1,984	17,468	-88.6%	44,438	42,250	5.2%
Depreciation and amortization	90,568	94,698	-4.4%	183,645	186,453	-1.5%
Interest received ¹	10,017	10,210	-1.9%	23,564	24,742	-4.8%
Income share associate	(4,355)	(3,591)	21.3%	(9,322)	(7,876)	18.4%
Share-based compensation	8,092	5,557	45.6%	19,241	12,520	53.7%
Non-recurring expenses:	–	5,151	n.a.	46	11,344	-99.6%
– Integration of new companies²	–	4,819	n.a.	–	10,788	n.a.
– M&A advisory and due diligence ³	–	203	n.a.	–	291	n.a.
– Expansion projects⁴	–	129	n.a.	–	253	n.a.
– Restructuring expenses⁵	–	–	n.a.	46	12	283.3%
Adjusted EBITDA	406,539	400,844	1.4%	917,958	892,814	2.8%
Adjusted EBITDA Margin	*41.8%*	*43.6%*	*-180 bps*	*46.2%*	*48.1%*	*-190 bps*
(1) Represents the interest received on late payments of monthly tuition fees.
(2) Consists of expenses related to the integration of newly acquired companies.
(3) Consists of expenses related to professional and consultant fees in connection with due diligence services for our M&A transactions.
(4) Consists of expenses related to professional and consultant fees in connection with the opening of new campuses.
(5) Consists of expenses related to the employee redundancies in connection with the organizational restructuring of our acquired companies.

Net Income

Net Income for the second quarter of 2026 totaled R$201.3 million, an increase of 14.0% year over year. For the first half of 2026, Net Income reached R$463.1 million, up 6.8% from the same period of 2025. The increase reflects continued operating performance and a tax impact resulting from the implementation of the OECD Pillar Two rules in Brazil.

Basic EPS reached R$ 2.22 for the second quarter of 2026, an increase of 16.7% year over year, and R$5.10 for the six-month period ended June 30, 2026, an increase of 8.6% YoY. The EPS growth is higher than net income, reflecting our capital allocation strategy.

*Table 8: Net Income and Basic Earnings Per Share*
(in thousands of R$, except for earnings per share)	For the three months period ended June 30,			For the six months period ended June 30,
	2026	2025	% Chg	2026	2025	% Chg
Net income	201,294	176,542	14.0%	463,057	433,578	6.8%
Basic earnings per share – in R$¹	2.22	1.90	16.7%	5.10	4.69	8.6%
(1) Basic earnings per share is calculated as net income attributable to Owners of the Company divided by the weighted average number of outstanding shares during the period.

Cash and Debt Position

As of June 30, 2026, Cash and Cash Equivalents totaled R$1,006.5 million, a decrease of 10.6% over December 31, 2025. Net Debt, excluding the effect of IFRS 16, reached R$1,394.0 million,increasing by R$24.5 million from year-end 2025, despite returning R$447.9 million to shareholders through dividends and share repurchases during the first half of 2026. For the six-month period ended June 30, 2026, Afya generated R$805.6 million in Cash Flow from Operating Activities, up from R$783.0 million in the same period of the previous year, an increase of 2.9% YoY. The Operating Cash Conversion Ratio reached 87.8%.

Table 9: Operating Cash Conversion Ratio Reconciliation For the six months period ended June 30,

(in thousands of R$) Considering the adoption of IFRS 16

2026

2025

% Chg

(a) Net cash flows from operating activities
797,839

771,596

3.4%

(b) Income taxes paid
7,708

11,385

-32.3%

(c) = (a) + (b) Cash flow from operating activities
805,547

782,981

2.9%

(d) Adjusted EBITDA
917,958

892,814

2.8%

(e) Non-recurring expenses:
46

11,344

-99.6%

– Integration of new companies¹
–

10,788

-100.0%

– M&A advisory and due diligence²
–

291

-100.0%

– Expansion projects³
–

253

-100.0%

– Restructuring Expenses⁴
46

12

283.3%

(f) = (d) – (e) Adjusted EBITDA ex- non-recurring expenses
917,912

881,470

4.1%

(g) = (c) / (f) Operating cash conversion ratio
87.8%

88.8%

-100 bps

(1) Consists of expenses related to the integration of newly acquired companies.

(2) Consists of expenses related to professional and consultant fees in connection with due diligence services for M&A transactions.

(3) Consists of expenses related to professional and consultant fees in connection with the opening of new campuses.

(4) Consists of expenses related to the employee redundancies in connection with the organizational restructuring of acquired companies.

The following table provides more information on the cost of debt for the first half of 2026, including loans and financing, as well as accounts payable to selling shareholders. Afya’s capital structure remains solid, with a conservative leveraging position and a low cost of debt. Afya’s Net Debt (excluding the effect of IFRS16) divided by Adjusted EBITDA mid guidance for 2026 would be 0.8x.

Table 10: Gross Debt and Average Cost of Debt

(in millions of R$)
For the closing of the six months period ended in June 30,

Cost of Debt

Gross Debt

Duration (Years)

Per year

%CDI²

2026

2025

2026

2025

2026

2025

2026

2025

Loans and financing: Softbank
–

856

–

0.8

–

8.6%

–

66%

Loans and financing: Debentures
1,538

532

3.9

2.1

15.2%

15.3%

106%

114%

Loans and financing: Others
–

318

–

0.3

–

15.3%

–

114%

Loans and financing: IFC
510

508

2.8

3.3

15.5%

14.6%

108%

109%

Accounts payable to selling shareholders
353

506

4.4

3.3

14.3%

13.5%

100%

101%

Total¹| Average
2,400

2,720

3.7

1.9

15.1%

12.7%

106%

95%

(1) Total amount refers only to the “Gross Debt” columns.

(2) Based on the annualized Interbank Certificates of Deposit (“CDI”) rate for the period as a reference: 1H26: ~14.66% p.y. and for 1H25: ~13.70% p.y.

Table 11: Cash and Debt Position

(in thousands of R$)

2Q26

FY2025

% Chg

2Q25

% Chg

(+) Cash and Cash Equivalents
1,006,490

1,125,381

-10.6%

1,099,107

-8.4%

Cash and Bank Deposits
16,301

15,470

5.4%

9,167

77.8%

Cash Equivalents
990,189

1,109,911

-10.8%

1,089,940

-9.2%

(-) Loans and Financing
2,047,895

2,054,26

-0.3%

2,213,967

-7.5%

Current
126,364

60,668

108.3%

1,216,994

-89.6%

Non-Current
1,921,531

1,993,599

-3.6%

996,973

92.7%

(-) Accounts Payable to Selling Shareholders
352,548

440,597

-20.0%

506,113

-30.3%

Current
55,780

110,640

-49.6%

198,970

-72.0%

Non-Current
296,768

329,957

-10.1%

307,143

-3.4%

(-) Other Short and Long Term Obligations
–

–

n.a.

–

n.a.

(=) Net Debt (Cash) excluding IFRS 16
1,393,953

1,369,483

1.8%

1,620,973

-14.0%

(-) Lease Liabilities
1,070,292

1,065,746

0.4%

1,011,09

5.9%

Current
57,630

55,772

3.3%

48,960

17.7%

Non-Current
1,012,662

1,009,974

0.3%

962,131

5.3%

Net Debt (Cash) with IFRS 16
2,464,245

2,435,229

1.2%

2,632,064

-6.4%

CAPEX

Capital expenditure consists primarily of investments in property and equipment and intangible assets, including the expansion and maintenance of Afya’s campuses and headquarters, leasehold improvements, and the development of new solutions in the Medical Practice Solutions and educational content in Continuing Education.

For the first half of 2026, Capex totaled R$120.0 million, representing 6.0% of Revenue for the period and remaining aligned with the Company’s 2026 investment plan.

Table 12: CAPEX

(in thousands of R$)
For the six months period ended June 30,

2026

2025

% Chg

Property and equipment
41,003

81,617

-49.8%

Intangible assets
78,960

143,455

-45.0%

– Licenses
–

99,629

n.a.

– Others
78,960

43,826

80.2%

CAPEX
119,963

225,072

-46.7%

% of Revenue ¹
6.0%

6.8%

-80 bps

(1) % of Revenue excludes one-off effects, which refers to R$ 99.6 million in May 2025, related to the acquisition of FUNIC, which added 60 medical seats to Afya’s portfolio.

5. Conference Call and Webcast Information

When:
August 13, 2026, at 5:00 p.m. EDT.

Who:

Mr. Virgilio Gibbon, Chief Executive Officer

Mr. Luis André Blanco, Chief Financial Officer

Ms. Renata Costa Couto, IR Director

Webcast:
https://afya.zoom.us/j/98271618661

OR

Dial-in:

Brazil: +55 21 3958 7888 or +55 11 4632 2236 or +55 11 4632 2237 or +55 11 4680 6788 or +55 11 4700 9668.

United States: +1 346 248 7799 or +1 360 209 5623 or +1 386 347 5053 or +1 507 473 4847 or +1 564 217 2000 or +1 646 931 3860 or +1 669 444 9171 or +1 669 900 6833 or +1 689 278 1000 or +1 719 359 4580 or +1 929 205 6099 or +1 253 205 0468 or +1 253 215 8782 or +1 301 715 8592 or +1 305 224 1968 or +1 309 205 3325 or +1 312 626 6799.

Webinar ID: 982 7161 8661

Other Numbers: https://afya.zoom.us/u/aRK0ROGaH

6. About Afya Limited (Nasdaq: AFYA; B3: A2FY34)

Afya is a leading medical education group in Brazil based on the number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and offering medical practice solutions to help doctors enhance their healthcare services through their whole career. For more information, please visit www.afya.com.br.

7. Forward – Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including risks and uncertainties related to statements about our competition; our ability to attract, upsell and retain students; our capacity to increase tuition prices; our ability to anticipate and meet the evolving needs of students and teachers; our capacity to source and successfully integrate acquisitions; as well as general market, political, economic, and business conditions. Additionally, these statements include financial targets such as revenue, share count and IFRS and non-IFRS financial measures including gross margin, operating margin, net income (loss) per diluted share, and free cash flow. These statements are not guarantees of future performance and undue reliance should not be placed on them.

The Company assumes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances occurring after its publication, nor to incorporate new information or the occurrence of unanticipated events, except as required by law. The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties and assumptions. If any of these risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from those expressed or implied by the forward-looking statements we make.

Readers should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent management’s beliefs and assumptions only as of the date they are made. Further information on these and other factors that could affect the Company’s financial results is included in filings made with the United States Securities and Exchange Commission (SEC) from time to time, including the section titled “Risk Factors” in the most recent annual report on Form 20-F. These documents are available in the SEC Filings section of the investor relations section of our website at: https://ir.afya.com.br/.

8. Non-GAAP Financial Measures

To supplement the Company’s consolidated financial statements, which are prepared and presented in accordance with IFRS accounting standards as issued by the International Accounting Standards Board—IASB, Afya presents Adjusted EBITDA and Operating Cash Conversion Ratio which are non-GAAP financial measures, for the convenience of investors. A non-GAAP financial measure is generally defined as one that intends to measure financial performance but excludes or includes amounts that would not be equally adjusted in the most comparable GAAP measure.

Afya calculates Adjusted EBITDA as net income plus/minus net financial result, plus income taxes expense, plus depreciation and amortization, plus interest received on late payments of monthly tuition fees, plus share-based compensation, plus/minus income share associate, plus/minus non-recurring expenses/income. Operating Cash Conversion Ratio is calculated as the Cash flow from Operating Activities plus income taxes paid, minus/plus non-recurring expenses/income divided by Adjusted EBITDA.

Free Cash Flow to Equity is calculated as the change in Net Debt ex-IFRS 16 between the beginning of the current period and the end of the current period, plus cash paid for acquisitions of subsidiaries or business combinations, plus dividends paid to the Company’s shareholders, plus cash used in treasury share repurchases.

The non-GAAP supplemental financial measures are provided with the intend to help investors in assessing the overall performance of Afya’s business regarding its core operations, cash generation and profitability. The non-GAAP financial measures described in this release are not substitutes for the IFRS measures. In addition, the calculations of Adjusted EBITDA and Operating Cash Conversion Ratio are not standardized financial measures and may differ from the calculations used by other companies, including competitors in the education services industry, and therefore, Afya’s measures may not be comparable to those of other companies.

9. Investor Relations Contact

E-mail: [email protected]

10. Financial Tables

Unaudited interim condensed consolidated statements of financial position

As of June 30, 2026 and December 31, 2025

(In thousands of Brazilian reais)

June 30, 2026

December 31, 2025

Assets

(unaudited)

Current assets

Cash and cash equivalents

1,006,490

1,125,381

Trade receivables

819,716

717,373

Recoverable taxes

31,954

13,429

Income taxes recoverable

26,522

23,046

Other assets

65,509

62,947

Total current assets

1,950,191

1,942,176

Non-current assets

Trade receivables

32,988

34,985

Deferred tax assets

7,299

12,552

Other assets

116,149

125,480

Investment in associate

54,962

46,518

Property and equipment

701,624

711,485

Right-of-use assets

887,580

896,758

Intangible assets

5,575,840

5,587,980

Total non-current assets

7,376,442

7,415,758

Total assets

9,326,633

9,357,934

Liabilities

Current liabilities

Trade payables

145,985

123,581

Loans and financing

126,364

60,668

Lease liabilities

57,630

55,772

Accounts payable to selling shareholders

55,780

110,640

Advances from customers

104,313

158,035

Dividends payable

762

192

Labor and social obligations

252,923

217,526

Taxes payable

35,348

36,043

Income taxes payable

98,629

112,638

Other liabilities

8,134

8,946

Total current liabilities

885,868

884,041

Non-current liabilities

Loans and financing

1,921,531

1,993,599

Lease liabilities

1,012,662

1,009,974

Accounts payable to selling shareholders

296,768

329,957

Taxes payable

73,070

77,487

Income taxes payable

50,012

–

Provision for legal proceedings

116,451

128,220

Other liabilities

41,451

43,471

Total non-current liabilities

3,511,945

3,582,708

Total liabilities

4,397,813

4,466,749

Equity

Share capital

17

17

Additional paid-in capital

2,295,632

2,320,422

Treasury shares

(410,431)

(306,010)

Share-based compensation reserve

222,056

202,815

Retained earnings

2,781,312

2,634,552

Equity attributable to the owners of the Company

4,888,586

4,851,796

Non-controlling interests

40,234

39,389

Total equity

4,928,820

4,891,185

Total liabilities and equity

9,326,633

9,357,934

Unaudited interim condensed consolidated statements of income and comprehensive income

For the three and six-month periods ended June 30, 2026 and 2025

(In thousands of Brazilian reais, except for earnings per share information)

Three-month periods ended

Six-month periods ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

(unaudited)

(unaudited)

(unaudited)

(unaudited)

Revenue

972,097

919,400

1,984,809

1,855,760

Cost of services

(373,387)

(342,707)

(688,036)

(625,346)

Gross profit

598,710

576,693

1,296,773

1,230,414

Selling, general and administrative expenses

(286,339)

(276,376)

(574,000)

(541,318)

Allowance for expected credit losses

(20,245)

(16,495)

(38,088)

(33,053)

Other income

8,609

3,728

13,480

6,234

Other expenses

(2,873)

(2,322)

(6,703)

(4,522)

Operating income

297,862

285,228

691,462

657,755

Finance income

41,077

40,997

94,374

84,478

Finance expenses

(140,016)

(135,806)

(287,663)

(274,281)

Net finance result

(98,939)

(94,809)

(193,289)

(189,803)

Share of profit of equity-accounted investee, net of tax

4,355

3,591

9,322

7,876

Income before income taxes

203,278

194,010

507,495

475,828

Income taxes expenses

Current

(4,607)

(35,635)

(39,185)

(67,563)

Deferred

2,623

18,167

(5,253)

25,313

Net income

201,294

176,542

463,057

433,578

Other comprehensive income

–

–

–

–

Total comprehensive income

201,294

176,542

463,057

433,578

Net income / total comprehensive income attributable to:

Owners of the Company

197,118

172,332

454,137

424,331

Non-controlling interests

4,176

4,210

8,920

9,247

201,294

176,542

463,057

433,578

Basic earnings per common share

2.22

1.90

5.10

4.69

Diluted earnings per common share

2.21

1.88

5.06

4.64

Unaudited interim condensed consolidated statements of cash flows

For the six-month periods ended June 30, 2026 and 2025

(In thousands of Brazilian reais)

June 30, 2026

June 30, 2025

(unaudited)

(unaudited)

Operating activities

Income before income taxes

507,495

475,828

Adjustments to reconcile income before income taxes

Depreciation and amortization expenses

183,645

186,453

Write-off of property and equipment

1,085

536

Write-off of intangible assets

104

81

Allowance for expected credit losses

38,088

33,053

Share-based compensation expenses

19,241

12,520

Net foreign exchange differences

2,365

2,049

Accrued interest

169,664

158,613

Accrued interest on lease liabilities

62,495

59,727

Share of profit of equity-accounted investee, net of tax

(9,322)

(7,876)

Provision (reversal) for legal proceedings

(25,942)

2,656

Changes in assets and liabilities

Trade receivables

(138,434)

(111,519)

Recoverable taxes

(22,001)

(16,395)

Other assets

24,389

(5,641)

Trade payables

22,404

6,241

Taxes payable

(6,688)

(743)

Advances from customers

(53,722)

(52,185)

Labor and social obligations

35,397

37,085

Provision for legal proceedings

(3,447)

–

Other liabilities

(1,269)

2,498

805,547

782,981

Income taxes paid

(7,708)

(11,385)

Net cash flows from operating activities

797,839

771,596

Investing activities

Acquisition of property and equipment

(41,003)

(81,617)

Acquisition of intangibles assets

(78,960)

(103,455)

Dividends received

878

8,803

Acquisition of assets and subsidiaries, net of cash acquired

(81,675)

(81,463)

Payments of interest

–

(14,536)

Net cash flows used in investing activities

(200,760)

(272,268)

Financing activities

Payments of principal of loans and financing

(5,254)

(1,543)

Payments of interest

(178,721)

(110,399)

Payments of principal of lease liabilities

(27,273)

(24,222)

Payments of interest of lease liabilities

(64,366)

(58,793)

Treasury shares repurchase

(133,011)

–

Proceeds from exercise of stock options

9,902

24,249

Dividends paid

(314,882)

(138,479)

Net cash flows used in financing activities

(713,605)

(309,187)

Net foreign exchange differences

(2,365)

(2,049)

Net increase (decrease) in cash and cash equivalents

(118,891)

188,092

Cash and cash equivalents at the beginning of the period

1,125,381

911,015

Cash and cash equivalents at the end of the period

1,006,490

1,099,107

Reconciliation between Change in Net Debt Position and Free Cash Flow to Equity

Reconciliation between Change in Net Debt Position and Free Cash Flow to Equity

(in thousands of R$) For the three months period ended June 30, For the six months period ended June 30,

2026

2025

% Chg

2026

2025

% Chg

Net debt ex-IFRS16, previous
1,151,313

1,524,127

-24.5%

1,369,483

1,814,918

-24.5%

Net debt ex-IFRS16, current
1,393,953

1,620,973

-14.0%

1,393,953

1,620,973

-14.0%

Change in Net Debt Position
(242,640)

(96,846)

150.5%

(24,470)

193,945

n.a.

(+) Acquisitions
–

100,000

n.a.

–

100,000

n.a.

(+) Dividends paid
313,161

134,488

132.9%

314,882

138,479

127.4%

(+) Share Repurchases
63,500

–

n.a.

133,011

–

n.a.

Free Cash Flow to Equity
134,021

137,642

-2.6%

423,423

432,424

-2.1%

View source version on businesswire.com: https://www.businesswire.com/news/home/20260813136104/en/

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