Lowey Dannenberg, P.C. is Investigating Fulgent Genetics Inc. (NASDAQ: FLGT) for Potential Violations of the Federal Securities Laws and Encourages Investors to Contact the Firm

NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) — Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Fulgent Genetics, Inc. (“Fulgent” or the “Company”) (NASDAQ: FLGT) for potential violations of the federal securities laws.

On February 27, 2026, Fulgent reported its fourth quarter and full year 2025 financial results. The Company disclosed that full year 2025 revenue was approximately $322.7 million, which fell slightly short of the updated guidance previously provided. Fulgent also reported that fourth quarter revenue declined sequentially.

If you suffered a loss in the Company securities, and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys Andrea Farah at (914) 733-7256 or via email to [email protected] or Vincent R. Cappucci Jr. at (914) 733-7278 or via email at [email protected].

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: [email protected] 



Toll Brothers Announces Final Opportunity to Purchase a New Home at Lakemont by Toll Brothers in Hudson, Massachusetts

Only two homes remain available for sale in this exclusive waterfront community

HUDSON, Mass., March 12, 2026 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the final opportunity for home shoppers to purchase a new home at Lakemont by Toll Brothers, a serene waterfront community of 21 single-family homes in Hudson, Massachusetts. Only two home sites remain available for sale in the community, located at 1 Town Line Road in Hudson.

Set against a waterfront backdrop, Lakemont by Toll Brothers offers stunning homes with views of Lake Boon and access to a boat launch less than one mile from the community.

The final two homes feature 3,406 square feet of living space with 4 bedrooms, 5 bathrooms, versatile flex rooms, first-floor offices, finished basements, and outdoor living spaces. Both homes include Designer Appointed Features, a curated collection of fixtures and finishes selected by professional design consultants to ensure a cohesive look. The homes are priced from $1.57 million. 

“Lakemont by Toll Brothers offers a peaceful lifestyle close to recreation, shopping, and downtown Hudson, which is recognized as one of America’s top Main Streets,” said Ryan O’Rourke, Division President of Toll Brothers in Massachusetts. “This is the final opportunity for home shoppers to own a luxurious home in this charming waterfront community with lake access and convenience to Boston.”

For more information, call  866-232-1632 or visit TollBrothers.com/MA.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/51e68345-99fa-47d5-8fa4-e14eefa986cc

https://www.globenewswire.com/NewsRoom/AttachmentNg/4791745e-949b-4e5a-9f85-81664fb2f711

https://www.globenewswire.com/NewsRoom/AttachmentNg/2f0f8db2-7ea2-4802-9805-d1a7212c556f 

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)



Paul Roeder Named Chief Communications Officer of The Walt Disney Company

Paul Roeder Named Chief Communications Officer of The Walt Disney Company

BURBANK, Calif.–(BUSINESS WIRE)–
Paul Roeder has been named Senior Executive Vice President and Chief Communications Officer of The Walt Disney Company (NYSE: DIS), effective March 19, it was announced today by incoming Chief Executive Officer Josh D’Amaro. A 25-year veteran of Disney, Roeder most recently served as Executive Vice President, Communications – Disney Entertainment Studios, Direct-to-Consumer, and International.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260312685862/en/

Paul Roeder, The Walt Disney Company

Paul Roeder, The Walt Disney Company

As Chief Communications Officer, Roeder will report directly to D’Amaro and will be responsible for leading Disney’s worldwide communications and public relations strategy and operations and will serve as its lead spokesperson. With oversight of enterprise and business segment communications, as well as regional communications teams in EMEA, APAC, and Latin America, his responsibilities include media relations, executive communications, enterprise editorial strategy, internal communications and employee engagement, public affairs, and corporate social responsibility.

“Paul Roeder is an accomplished and highly respected executive with keen instincts and integrity, and he has built strong relationships in every area of the company and across the entertainment industry during his 25 years with Disney,” said D’Amaro. “He has a passion for Disney and a deep understanding of what it stands for, and I know he’ll do an outstanding job leading our exceptional Communications teams worldwide.”

“Disney is a place I love dearly, and it is a tremendous honor to take on this role at such an exciting and pivotal time for the company,” said Roeder. “I have huge respect for Josh D’Amaro, Dana Walden, and the entire executive team – as well as my talented Communications colleagues – and I’m incredibly optimistic about what we’ll be able to accomplish together. I’m deeply grateful to Josh for this wonderful opportunity, to Alan Bergman for his mentorship and support over the 15 years I’ve served him at The Walt Disney Studios, and to Bob Iger for the encouragement and insight he has so generously offered throughout my career at Disney.”

Named to lead communications for Disney Entertainment – Studios, Direct-to-Consumer, and International in 2023, Roeder oversaw the development and implementation of global communications strategies for The Walt Disney Studios and its collection of world-renowned production studios, including Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Lucasfilm, 20th Century Studios, and Searchlight Pictures; Disney Theatrical Group; and Disney Music Group. He also led the communications teams for Disney Entertainment’s Direct-to-Consumer group as well as Disney Entertainment and ESPN’s Product and Technology, Platform Distribution, and International divisions, and The Walt Disney Company’s Office of Technology Enablement. His deep company knowledge and expertise have also been pivotal in building strong reputation-management tactics at the corporate level.

Roeder has led communications for The Walt Disney Studios since 2010, serving as a key member of its executive team throughout the acquisitions and integrations of Lucasfilm and 21st Century Fox in 2012 and 2019, respectively; the 2019 launch of Disney+; and the release of some of the biggest films of all time, including “Avatar: The Way of Water,” “Avengers: Endgame,” “Black Panther,” “Star Wars: The Force Awakens,” “Frozen,” and “Inside Out 2,” among many others.

Previously, Roeder served in roles of increasing responsibility in Corporate Communications for The Walt Disney Company from 2002-2010, after joining Disney’s ABC communications team in 2001. He began his career in the entertainment industry serving in various roles at William Morris and later as an assistant to the executive producer on the comedy tentpole Meet the Parents. Roeder is a member of the Academy of Motion Picture Arts and Sciences. He holds a bachelor’s degree in English from De Pauw University.

David Jefferson

Corporate Communications

(818) 560-4832

[email protected]

Mike Long

Corporate Communications

(818) 560-4588

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Film & Motion Pictures Public Relations/Investor Relations TV and Radio Theme Parks Communications General Entertainment Licensing (Entertainment) Entertainment

MEDIA:

Photo
Photo
Paul Roeder, The Walt Disney Company

Eastern Bank Provides Financing For 775 Huntington Avenue, A Mixed‑Income Residential Development In Boston’s Mission Hill Neighborhood

Eastern Bank Provides Financing For 775 Huntington Avenue, A Mixed‑Income Residential Development In Boston’s Mission Hill Neighborhood

The 13‑story development will create 57 affordable rental units and 55 mixed‑income homeownership units for households in Mission Hill

BOSTON–(BUSINESS WIRE)–Eastern Bank is pleased to announce financing for 775 Huntington Avenue, a new mixed-income residential development located in the Mission Hill neighborhood of Boston. Sponsored by Roxbury Tenants of Harvard (RTH), the project will create 55 mixed-income homeownership units, comprised of 27 affordable homes and 28 market‑rate homes, and 57 affordable rental units within a new 13‑story building that also includes commercial space and structured parking. Eastern is serving as the lead lender, providing a $68.6 million construction financing package supporting both the rental and homeownership components.

RTH is a long-standing, resident-controlled nonprofit in Mission Hill providing more than 1,000 housing units as well as extensive resident services, including food programs, fitness and wellness offerings, youth programs, and community engagement initiatives. “This project allows us to continue serving Mission Hill residents with high‑quality homes and meaningful resident‑centered services,” said Karen Gately, Executive Director of Roxbury Tenants of Harvard. “Eastern Bank’s deep understanding of community development financing was instrumental in helping us shape a development that brings both rental and homeownership opportunities to families across income levels. Their support strengthens long-term housing stability and access within our community.”

“775 Huntington Avenue brings together several distinct housing types in one coordinated development, requiring thoughtful structuring and close collaboration,” said Pam Feingold, Senior Vice President and Group Director of Community Development Lending of Eastern Bank. “We are proud to support Roxbury Tenants of Harvard in advancing more affordable housing for Mission Hill residents for years to come.”

Eastern provides a range of community development financing offerings to fund the development of affordable housing and support the credit needs of nonprofits. Community development lending solutions include construction and real estate financing, working capital lines of credit, multi-layered leverage loans for both New Market and Low-Income Housing Tax Credit projects, tax-exempt bond financing, and highly sophisticated treasury services and deposit products.

The Community Development Lending team advising the 775 Huntington Avenue Project was led by Senior Vice President and Group Director of Community Development Lending Pam Feingold; Senior Vice President, Community Development Lending Team Leader Yongmei Chen; and Senior Vice President, Community Development Lending Relationship Manager Angela Meehan.

About Eastern Bank

Founded in 1818, Eastern Bank is Greater Boston’s leading local bank with more than 125 branch locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. As of December 31, 2025, Eastern had approximately $30.6 billion in assets. Eastern provides a full range of banking and wealth management solutions for consumers and businesses of all sizes including through its Cambridge Trust Wealth Management and Private Banking Divisions, which include the largest bank-owned independent investment adviser in Massachusetts with $9.6 billion in assets under management. Eastern takes pride in its advocacy and community support that includes more than $240 million in charitable giving since 1994. An inclusive company, Eastern is comprised of deeply committed professionals who value relationships with their customers, colleagues and communities. Join us for good at www.easternbank.com and follow Eastern on Facebook, LinkedIn and Instagram. Eastern Bankshares, Inc. (Nasdaq Global Select Market: EBC) is the holding company for Eastern Bank. For investor information, visit investor.easternbank.com.

Media contact:

Andrea Goodman

Eastern Bank

[email protected]

781-598-7847

Investor contact:

Andrew Hersom

Eastern Bankshares, Inc.
[email protected]
617-897-1177

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Finance Banking Professional Services Residential Building & Real Estate Construction & Property

MEDIA:

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Logo

L.B. Foster Company to Present Virtually at Sidoti Small Cap Conference on March 19, 2026

PITTSBURGH, March 12, 2026 (GLOBE NEWSWIRE) — L.B. Foster Company (Nasdaq: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Small Cap Virtual Conference on March 19, 2026, beginning at 10:45 AM ET. Presentation materials for the conference will be posted on the Company’s Investor Relations website under “Presentations” the morning of the conference.

A video webcast and a video replay will be available online. A webcast registration link will be available on the L.B. Foster website: www.lbfoster.com, under the Investor Relations page, on the day of the event. Video replay will remain available for 90 days.


About L.B. Foster Company

Founded in 1902, L.B. Foster Company is a global technology solutions provider of products and services for the rail and infrastructure markets. The Company’s innovative engineering and product development solutions address the safety, reliability, and performance needs of its customers’ most challenging requirements. The Company maintains locations in North America, South America, Europe, and Asia. For more information, please visit www.lbfoster.com.

Investor Relations:
Lisa Durante
412-928-3400, and follow the prompts
[email protected] 

L.B. Foster Company
415 Holiday Drive
Suite 100
Pittsburgh, PA 15220



Summit Estates by Toll Brothers Now Open in El Dorado Hills, California

Exclusive gated community offers luxury homes on expansive one-acre-plus home sites

EL DORADO HILLS, Calif., March 12, 2026 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Sacramento-area luxury home community, Summit Estates, is now open in El Dorado Hills, California. This exclusive gated community features 41 one- and two-story homes on one-acre-plus home sites, offering stunning valley views and sophisticated designs starting from $2 million. The Sales Center Grand Opening event and exclusive model home hard hat tour will take place on Saturday, March 14 from 11 a.m. to 2 p.m. at 725 Golden Pond Drive in El Dorado Hills.

Summit Estates offers three distinctive floor plans ranging from 4,000 to over 5,000 square feet with 4 to 5 bedrooms, 4.5 to 5.5 bathrooms, and spacious 4- to 6-car garages. Home shoppers will enjoy open-concept living, expansive home designs and home sites, exquisite finishes, and stunning valley views.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

“Summit Estates offers a rare combination of elevated living, breathtaking views, and sophisticated home designs,” said Scott Esping, Division President of Toll Brothers in Sacramento. “This exclusive community provides the perfect setting for home shoppers seeking luxury and comfort in the highly desirable El Dorado Hills area.”

Summit Estates is conveniently located near Highway 50, offering easy access to high-end shopping, dining, and entertainment. Residents will also enjoy access to outdoor recreation and top-rated schools in the Rescue Union School District and El Dorado Union High School District.

For more information on Summit Estates and other Toll Brothers communities throughout California, call 844-849-5263 or visit TollBrothers.com/CA.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/e3bf14ea-74c2-4648-8d8e-2b2716b9c49d

https://www.globenewswire.com/NewsRoom/AttachmentNg/49c1b31a-70bd-4964-8fe3-04cefb5fdb39

https://www.globenewswire.com/NewsRoom/AttachmentNg/5df4ad62-2ee6-4848-b202-16973019a908

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)



Toll Brothers Opens Vintage Grove, a New Luxury Home Community, in Fuquay-Varina, North Carolina

Exclusive neighborhood features spacious two-story floor plan designs on oversized home sites

FUQUAY-VARINA, N.C., March 12, 2026 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Raleigh-area luxury home community, Vintage Grove, is now open in Fuquay-Varina, North Carolina. This exclusive community of 46 new homes offers two-story single-family home designs with versatile floor plans and expansive living spaces. The Sales Center is now open at 6621 Azure Heights Court in Holly Springs.

Vintage Grove features exquisite home designs with 4 to 5 bedrooms, up to 5.5 baths, and private 2- to 4-car garages. Structural options including basements, first-floor primary bedroom suites, prep kitchens, and multigenerational living suites are available. Homes are set on oversized home sites from .75 to 1.5 acres, providing generous space, privacy, and a serene setting, with prices starting from the low $900,000s. Select homes are available for quick move-in this fall, showcasing premium finishes and features throughout.

Located in the highly desirable town of Fuquay-Varina, Vintage Grove offers proximity to top-ranked Wake County Public Schools and endless outdoor recreation. Home shoppers will enjoy easy access to charming downtown Fuquay-Varina and Holly Springs, where they can explore local shops, golf courses, restaurants, and entertainment. The community is convenient to major commuter routes, including U.S. Route 401 and North Carolina Highway 55, providing seamless connectivity to Raleigh and beyond.

“Vintage Grove captures the perfect balance of sophisticated living, everyday convenience, and timeless charm,” said Ted Pease, Division President of Toll Brothers in Raleigh. “From its thoughtfully designed, expansive homes to its premier location and unparalleled personalization opportunities, this community offers a truly distinctive lifestyle for home buyers in the Fuquay-Varina area.”

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

For more information on Vintage Grove and other Toll Brothers communities throughout North Carolina, call 844-840-5263 or visit TollBrothers.com/NC.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4c90f720-4fdf-4de6-8131-838e29f44b7a

https://www.globenewswire.com/NewsRoom/AttachmentNg/0e1e363f-19fa-4287-a5a8-5ee526502936

https://www.globenewswire.com/NewsRoom/AttachmentNg/8c052c54-4ab1-4a7e-8526-148f20c85ad2 

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)



Union Members Ratify Collective Bargaining Agreement at HII’s Ingalls Shipbuilding

PASCAGOULA, Miss., March 12, 2026 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that all five collective bargaining units at its Ingalls Shipbuilding division have ratified new collective bargaining agreements, securing an immediate 18 percent or higher base wage increase for union-represented shipbuilders. This is the largest single wage increase in Ingalls Shipbuilding history and will extend the contract through March 8, 2031.

The Ingalls Shipbuilding Collective Bargaining Agreement, for union-represented shipbuilders, provides historic wage growth of 35 to 47 percent through 2031. Shipbuilding leadership anticipates this will improve recruitment and attrition that will enable accelerated throughput.  

“This agreement strengthens our partnership with our represented shipbuilders and affirms our commitment to providing competitive wages and stability for our workforce,” said Ingalls Shipbuilding President Brian Blanchette. “The dedication and expertise of our Ingalls shipbuilders are essential to meeting the U.S. Navy’s growing demand for more ships, and together we will continue advancing our mission to build the most capable ships that protect and serve our nation’s warfighters.”

This historic wage increase reflects the essential role Ingalls shipbuilders and their families play in delivering the most capable ships in the world and provides meaningful wage growth, long-term stability and certainty for our shipbuilding community.

A photo accompanying this release is available at: https://hii.com/newsroom/.

Negotiations between company leadership and union representatives concluded on February 12, 2026, with both parties reaching consensus on contract proposals to bring forward for a vote. Ratification followed votes by members of the Pascagoula Metal Trades Council (PMTC), International Brotherhood of Electrical Workers (IBEW), Office and Professional Employees International Union (OPEIU), International Association of Machinists (IAM), and the United Federation of Special Police and Security Officers (UFSPSC).

To learn more about careers at HII’s Ingalls Shipbuilding division, visit https://hii.com/careers/.

About HII

HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.

With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

Contact:

Kimberly Aguillard
[email protected]
(228) 355-5663

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d077d35-2d93-4f9c-9bbb-b53b970364db



Franklin Templeton Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Month of March 2026

Franklin Templeton Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Month of March 2026

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–
Franklin Templeton announced today that certain closed-end funds have declared distributions pursuant to their managed distribution policy for the quarter.

Month

Record Date

Ex-Dividend Date

Payable Date

March

3/24/2026

3/24/2026

3/31/2026

Ticker

 

Fund Name

 

Month

 

Amount

 

Change

from

Previous

Distribution

TDF

 

Templeton Dragon Fund Inc.

 

March

 

$0.1000

 

EMF

 

Templeton Emerging Markets Fund

 

March

 

$0.2200

 

Under the terms of each Fund’s managed distribution policy, each Fund seeks to maintain a consistent distribution level derived from the income and capital gains generated from the Fund’s investment portfolio. To the extent that sufficient distributable income is not available on a monthly basis, each Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate. A return of capital may occur, for example, when some or all of the money that was invested in a Fund is paid back to shareholders. A return of capital distribution does not necessarily reflect a Fund’s investment performance and should not be confused with “yield” or “income”. Even though a Fund may realize current year capital gains, such gains may be offset, in whole or in part, by the Fund’s capital loss carryovers from prior years. The Board of Directors may modify, terminate or suspend the managed distribution policy at any time. Any such modification, termination or suspension could have an adverse effect on the market price of a Fund’s shares.

Shareholders should not draw any conclusions about each Fund’s investment performance from the amount of these distributions or from the terms of each Fund’s managed distribution policy. The amounts of each Fund’s distributions to be reported will be estimates and will not be provided for tax reporting purposes. The actual amounts will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send a Form 1099- DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.

The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Category: Distribution Related

Investor Contact: Fund Investor Services 1-888-777-0102

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

MEDIA:

trivago Expands Leadership Team with Three C-Level Appointments

trivago Expands Leadership Team with Three C-Level Appointments

Three leaders who helped build trivago now step up to drive its next chapter, spanning technology, intelligence, and commercial strategy

Düsseldorf, March 12, 2026 trivago N.V. (NASDAQ: TRVG) is growing, and the leadership team is growing with it.

Over the past two and a half years, trivago has undergone a significant transformation. When a new leadership team joined in mid-2023 with a mandate to refocus on the core product, brand, and sustainable growth, the opportunity was clear. So was the work required to get there.

The results have been meaningful. In 2025, trivago delivered 19% total revenue growth and €15.8m in adjusted EBITDA, beating both top- and bottom-line expectations. The year closed with an exceptional fourth quarter, up 27% year-over-year. Our brand has re-established its competitive moat. AI-powered campaigns have now run in 30 countries, with branded traffic revenue growth substantially outpacing overall revenue growth. Product has matched that ambition. Leveraging AI and large language models, the team has built new search and content capabilities, improved every user touchpoint, and made the experience meaningfully more personal. The result is a conversion rate that has increased by more than 37% in two years, a reflection of how much better the product has become. More context is provided in our latest investor presentation.

This is what disciplined execution looks like. The foundations are strong, and the opportunity ahead is significant. For 2026, trivago expects double-digit revenue growth at improved profitability to continue.

That’s the context for today’s announcement. The trivago leadership team is expanding with three new C-level roles, Chief Technology Officer (CTO), Chief Intelligence Officer, and Chief Commercial Officer (CCO).

Why these roles, and why now

Two things are driving this decision.

The first is AI. The pace of change is not incremental. It is a fundamental shift in what is possible in travel search, in how we build products, and in what travelers and partners will expect. Capturing this opportunity fully requires dedicated senior ownership. Dedicated domain leaders in technology, data intelligence, and commercial strategy mean clearer accountability, faster decisions, and senior attention precisely where execution is happening.

The second is strategic focus. trivago has addressed many of its most accessible opportunities. The work ahead is more complex and more exciting, but it demands sharper alignment at the top about where we’re going, what we’ll pursue, and, equally, what we won’t. Leaders who have been part of building trivago bring a quality of judgment to those conversations that cannot be hired in from the outside.

“Every leader joining our executive team has been central to what trivago has become. They haven’t just been here. They’ve been builders. They’ve helped shape our products, our systems, and our culture, and they’ve earned this step through their track record. Each has proven they can deliver when it matters most. We are proud to be building this next chapter of the leadership team from within.” – Johannes Thomas, CEO

Alexander Volkmann, Chief Intelligence Officer

Alex holds a PhD in Mathematics and that foundation runs through everything he does. Before trivago, he worked at Rocket Internet and founded Markovian, an algorithmic advertising technology company built on the premise that advertising should be transparent and mathematically rigorous. That founding experience reveals a lot about how Alex thinks. He approaches problems from first principles, with a strong bias toward what can be measured and improved.

Over more than eight years at trivago, that mindset has shaped some of the most technically sophisticated parts of the platform. Alex has been a key innovator of trivago’s marketplace intelligence. He led the transition of the meta search auction from a first price auction to a second price auction, developed our transaction-based marketplace model, shaped item ranking and search products, and oversaw trivago’s advertiser analytics platform. His path from leading marketing data teams to running our marketplace has given him a rare end-to-end understanding of what drives our business.

As Chief Intelligence Officer, a role focused on AI, machine learning, and data strategy rather than traditional IT infrastructure, Alex takes on a broader mandate. He will own trivago’s data strategy, analytics, and AI/ML capabilities, with direct accountability for the Hotel Search data science and analytics teams. Beyond Hotel Search, he will build intelligence capabilities, drives AI transformation and data governance across trivago through the Data Council.

Alex is currently on parental leave and will step fully into the expanded role on his return in April.

Sherin Hegazy, Chief Commercial Officer

Sherin understands the travel ecosystem from the inside out, not just trivago’s corner of it. Before joining trivago 15 years ago, she was Regional Director at Travelport and Head of Account Management at TripAdvisor. That experience across distribution, metasearch, and hotel partnerships gives her a perspective on what trivago can and should be within the broader travel landscape that very few people in the industry can match.

At trivago, she has been a builder and strategist across the full scope of what commercial growth means. She has led global business development, driven strategic projects across the organisation, and most recently served as Global Head of Partnerships, growing and deepening trivago’s relationships across enterprise partners, hotel chains, and independent hotels. On the enterprise side, her focus is on strategic relationships built through joint planning, performance optimisation, and senior engagement. For independent and mid-size hotels, she has designed and built the systems that allow smaller players to compete effectively on the platform.

Her progression to the leadership team reflects a deliberate choice. Partnerships are one of trivago’s most important strategic levers, and it belongs in the company’s highest-level conversations.

Ioannis Papadopoulos, Chief Technology Officer

Ioannis brings more than a decade of trivago experience to the CTO role, alongside something relatively rare. He knows what it looks like to run a technology-driven travel business from the very top. Before returning to trivago, he served as both CTO and CEO of homelike, a long-term vacation rental platform, an experience that sharpened his perspective on building products, scaling technology organisations, and leading a business through genuine complexity.

At trivago, his path has been deliberately broad. He has led marketing teams, built internal tooling, been a key architect of trivago’s auction-based marketing infrastructure, driven strategic projects across the organisation, and played a central role in building the partnership technology that underpins our commercial ecosystem. Few people have operated across that many domains of the company, and fewer still bring the external perspective of having led a travel business as CEO.

Having returned in early 2025, Ioannis has held the CTO role since October. The results of that period speak for themselves. The technology organisation is more focused, engineering standards are sharper, and AI is being embedded into how the team builds. His mandate covers the end-to-end technology agenda, spanning architecture, platform stability, engineering excellence, and AI enablement, with direct accountability for Hotel Search Tech. Through the Tech Council, he sets engineering standards, tooling, and practices across the company.

What comes next

trivago enters 2026 with real momentum and a clear view of where it is going. Brand will continue to compound. Product and member experience will keep improving, with personalisation, conversion, and retention at the centre. AI is not a side project. It is embedded in how we build, how we market, and how we serve travelers, and we are still in the early stages of what that makes possible. On the commercial side, deepening our partner ecosystem and expanding our transaction-based model remain significant opportunities.

We are a company of 600 people with the ambition to generate the impact of a company of 6000. That is not a stretch. It is the opportunity in front of us. There is significant value still to be created for our users, and we have only begun to expand what trivago can truly offer them. A stronger, more decisive leadership team is how we unlock that, for our users and for our shareholders.

These are not external hires brought in to define a direction. They are people who helped build what trivago is today and are now stepping up to take it further. That combination of ambition, accountability, and institutional depth is what will define trivago’s next chapter.

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About trivago

N.V. trivago N.V. (NASDAQ: TRVG) is a leading global hotel search and price comparison platform and one of the most recognized travel brands in the world. When price savvy travelers are searching for a hotel, we want trivago to be the obvious choice. We aim to help travelers find the best place to stay and the best time to go. trivago aims to enable them to book with confidence, saving travelers valuable time and money. By leveraging cutting-edge technology, we seek to personalize and simplify the hotel search experience for millions of travelers every month. We provide access to more than 7.0 million hotels and other types of accommodation in over 190 countries.

Forward looking statements

This press release contains certain forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control, and important factors that could cause actual events and results to differ materially from those in the forward-looking statements. For additional information about factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our public filings with the Securities and Exchange Commission. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation. As used herein, references to “we”, “us”, the “company”, or “trivago”, or similar terms shall mean trivago N.V. and, as the context requires, its subsidiaries.