Latin America

“Navigating the Brazilian regulatory transition and preparing for renewed growth Few markets have contributed as significantly to our growth in recent years as Brazil. As expected, the regulatory framework that took effect on January 1, 2025, also brought short-term headwinds for revenue share income and new customer acquisition, especially due to restriction on bonus offerings.”

Annual report 2025A · The company itself

“This includes the regulatory transition of the Brazilian market, which resulted in a materially lower revenue impact than initially anticipated, yet still led to a negative bottom-line impact of approximately 22 mEUR in 2025 alone, compared with previously communicated expectations of 35 to 55 mEUR.”

Annual report 2025A · The company itself

“Brasilian Full Service -sopimuksen tulosvaikutus varauksen muutoksen jälkeen tilikaudella oli -2,6 miljoonaa euroa ja sisältyy liiketoiminnan muihin kuluihin. Tappiollista sopimusta varten konsernin taseessa on 6,3 miljoonan euron varaus. Vertailukaudella Brasilian Full Service -sopimuksen tulosvaikutus varauksen muutos huomioiden oli -17,2 miljoonaa euroa.”

Annual report 2025A · The company itself

“The transaction added 90+ highly skilled professionals to Longitude's global team and increased the design and engineering capacity to support South, Central and North America. Proper Marine also brings significant expertise in floating production storage and offloading (FPSO) vessels, enhancing the Group's overall technical offering in this area.”

Annual report 2024A · The company itself

“Colon LNG Marketing continues developing the LNG market in Latin America, with clients already established in Panama and Colombia. Additional efforts are being undertaken in Costa Rica, other Central America regions, and Caribbean islands, mainly focusing on small scale LNG logistics.”

Annual report 2025A · The company itself

“This segment comprises generation facilities using natural gas, LNG, coal, pet coke, diesel, and/or oil, in nine countries — Vietnam, the United States, Argentina, Chile, Bulgaria, Mexico, Jordan, Panama, and the Dominican Republic.”

Annual report 2025A · The company itself

“AES Argentina and TermoAndes Business Description — AES operates plants in Argentina within the Energy Infrastructure SBU totaling 2,814 MW, representing 6% of the country's total installed capacity.”

Annual report 2025A · The company itself

“AES Chile Business Description — In Chile, AES owns and operates Cochrane and Angamos, two coal-fired power plants with a total combined installed capacity of 1,108 MW, representing a market share of approximately 3% as of December 31, 2025.”

Annual report 2025A · The company itself

“AES Panama Business Description — In Panama, AES owns and operates Colon, a 381 MW combined cycle power plant fueled by natural gas. In partnership with InterEnergy, AES also entered into a joint venture to build and operate the Gatun facility, a 670 MW combined cycle gas power plant.”

Annual report 2025A · The company itself

“With a total of 679 MW of installed thermal capacity, AES provides 9% of the country's capacity and supplies approximately 16% of the country's energy demand via these generation facilities.”

Annual report 2025A · The company itself

“Orders received in South America increased 12% in local currencies. Order intake for industrial compressors and power equipment increased markedly.”

Annual report 2024A · The company itself

“On mid-term towards 2030 the company is guiding an average volume growth rate of 4-6% annually, reflecting growth in all three feed segments, but primarily driven by the Shrimp segment.”

Annual report 2025A · The company itself

“Aquaculture feed solutions catering to the fast-growing warm-water shrimp segment. Shrimp farming primarily takes place in Latin America and Southeast Asia by a diverse customer base from large corporations seeking efficient, sustainable operations and advanced technologies to small family-run businesses.”

Annual report 2025A · The company itself

“JV feed production facility Feed production facility Global headquarter LOREM IPSUL Close to all major aquaculture hubs BioMar has global feed production presence and research close to all major, high-value species aquaculture hubs. This enables our continuous focus on combining global excellence with local market agility. production facilities 2 million tonnes capacity GLOBAL REACH Feed conversion ratio* Seafood is the most efficient source of animal protein Carbon footprint Water consumption ~6-7 x lower 1.3 1.9 3.9 8.0 ~7-8 x lower 2,000 4,300 6,000 15,400 ~7-8 x lower 5.1 8.4 12.2 39.0 * Feed conversion ratio calculated as the total feed eaten divided by the live-weight gain over a period The diet of farmed fish and shrimp directly influences their nutritional value, making the quality of aquafeed a crucial factor in ensuring nutritious and healthy seafood.”

Annual report 2025A · The company itself

“Become a truly global player in all major aqua markets, promoting our focus on sustainable and efficient aquaculture. Focus on accelerating growth in Asia and expanding our market position in Latin America.”

Annual report 2025A · The company itself

“We are ramping up our capacity in Ecuador and launching new capacity in China.”

Annual report 2025A · The company itself

“Volumes increased by 31%, primarily driven by the Ecuadorian market, reflecting BioMar’s strong market position and competitive product offering.”

Annual report 2025A · The company itself

“The Shrimp segment provides high-quality feed to a diversified customer base in shrimp farming primarily across Latin America and Southeast Asia.”

Annual report 2025A · The company itself

“Revenue increased sharply year on year, supported by growing adoption of BioMar’s AIbased feeding and farm optimisation solutions, particularly in Latin America and Asia.”

Annual report 2025A · The company itself

“Samtidigt har amerikanska distributionspartners breddat sina distributionskanaler för att nå mindre och tidigare underbetjänade marknader, medan roadshows i Latinamerika riktade sig till nyckelregioner som Brasilien och Mexiko för att öka engagemanget och marknadsnärvaron.”

Annual report 2024A · The company itself

“I Brasilien ökade efterfrågan på DC-1, vilket tyder på ett växande intresse för digitala lösningar på tillväxtmarknader.”

Annual report 2024A · The company itself

“Chubb Tempest Re provides a broad range of traditional and specialty reinsurance coverages to a diverse array of primary P&C companies, including small, mid-sized, and multinational ceding companies. •The Life Insurance segment includes our international life operations (Chubb Life), which includes individual life and group benefit insurance primarily in Asia and Latin America.”

Annual report 2025A · The company itself

“Internationally, we seek to bring more choice to customers through innovative alliances with Aeroméxico, Air France-KLM, China Eastern, LATAM Airlines Group S.A. ("LATAM"), Korean Air, Virgin Atlantic and WestJet.”

Annual report 2025A · The company itself

“In South America, we continued to build on the strength of our joint venture with LATAM through greater network connectivity and a more streamlined airport experience.”

Annual report 2025A · The company itself

“We have also identified international expansion, with an initial focus on Mexico, as an opportunity for growth. We opened our first Mi Súper Dollar General stores in Mexico in 2023, in which we have further expanded in each subsequent year, and believe there is additional growth potential in Mexico in the years ahead.”

Annual report 2026A · The company itself

“Our first stores in Mexico opened in 2023.”

Annual report 2026A · The company itself

“För att främja ökade inköp från lågkostnadsländer har inköpskontor etablerats i Mexiko och Ungern, som ett komplement till det redan befintliga i Kina.”

Annual report 2024A · The company itself

“In 2025, natural gas volumes from Trinidad were sold to the National Gas Company of Trinidad and Tobago Limited and its subsidiary under two natural gas sales arrangements. Crude oil and condensate are sold to both Heritage Petroleum Company Limited and BP Trinidad and Tobago LLC.”

Annual report 2025A · The company itself

“EOG has operations offshore Trinidad, onshore Bahrain, and onshore United Arab Emirates, and is evaluating additional exploration, development and exploitation opportunities in those jurisdictions and other select international areas.”

Annual report 2025A · The company itself

“Välpositionerat för fortsatt lönsam tillväxt med strategin att växa inom de produktsegment med högst avkastning och snabbast växande försäljningskanalerna samt att öka närvaron i Nordamerika och Latinamerika.”

Annual report 2024A · The company itself

“Vi strävar efter ökad närvaro i Nordamerika, Latinamerika och Ostasien samtidigt som vi vill stärka och växa vår europeiska närvaro.”

Annual report 2024A · The company itself

“IAC per affärsområde Health & Medical, 25% Consumer Goods, 44% Professional Hygiene, 31% Nettoomsättning per kategori Incontinence Products Health Care, 12% Medical Solutions, 8% Incontinence Products Retail, 8% Feminine Care, 9% Baby Care, 5% Consumer Tissue, 32% Professional Hygiene, 26% USA, 14% Tyskland, 12% Storbritannien, 8% Mexiko, 8% Frankrike, 8% Spanien, 6% Koncernens tio största marknader, % av nettoomsättningen Nederländerna, 4% Colombia, 3% Italien, 3% Kanada , 3% Övriga , 31% Tillväxtmarknaderna utgjorde 26 % av nettoomsättningen.”

Annual report 2024A · The company itself

“Marknadsnärvaro Val av geografier Latinamerika Essitys latinamerikanska hygien- och hälsomarknad uppgår till cirka 105 miljarder SEK, med en förväntad tillväxt om cirka 2–3 % mellan 2024 och 2030.”

Annual report 2024A · The company itself

“Nettoomsättning Europa, 66% Latinamerika, 26% Nordamerika, 4% Asien, 1% Övriga, 3% Nettoomsättning Per region Tillväxtmarknaderna utgjorde 33 % av nettoomsättningen inom Consumer Goods.”

Annual report 2024A · The company itself

“Koncernen har även försäljning i huvudsakligen Nordamerika och Latinamerika.”

Annual report 2024A · The company itself

“On June 4, 2025, the Company acquired Money Money Serviços Financeiros S.A. (“Money Money”), a Brazil-based provider of risk analysis and credit decisioning solutions. Money Money is included within the Merchant segment and expands the Company’s payment and financial service capabilities, enabling access to working capital and other payment solutions for small and medium-sized businesses.”

Annual report 2025A · The company itself

“We are strengthening Clover’s global presence by establishing or expanding offerings in multiple international markets, including Australia, Singapore, Brazil, Mexico, Belgium, Spain and Japan.”

Annual report 2025A · The company itself

“The Company serves its global client base by working among its geographic teams across various regions, including the U.S. and Canada; Europe, Middle East and Africa (“EMEA”); Latin America (“LATAM”); and Asia Pacific (“APAC”). The majority of the Company’s revenue is earned in the U.S., with revenue generated within its EMEA, LATAM and APAC regions comprising approximately 16% of total revenue for the year ended December 31, 2025, and approximately 15% of total revenue for each of the years ended December 31, 2024 and 2023.”

Annual report 2025A · The company itself

“On the imports side, volume gains were generally driven by rebounding oil demand in Latin America, Africa, and Australia, where the recent further closure of approximately 0.25m barrels/day of domestic refinery capacity has boosted products import requirements.”

Annual report 2022A · The company itself

“Detta motverkades delvis av tillväxt inom infrastrukturprojekt i USA och en fortsatt stark utveckling i Sydamerika och Mellanöstern.”

Annual report 2024A · The company itself

“Marraskuussa Hiab allekirjoitti sopimuksen johtavan brasilialaisen nosturivalmistaja ING Cranesin ostamisesta.”

Annual report 2025A · The company itself

“Förvärv på både befintliga marknader och tillväxtmarknader Inom kärnerbjudandet är Loomis fokus att hitta intressanta möjligheter till synergi genom att delta i konsolideringen i länder där bolaget redan har en närvaro. Loomis söker också aktivt efter förvärvsmöjligheter på tillväxtmarknader där kontantanvändningen är fortsatt stor. Latinamerika, där Loomis hittills är etablerat i Chile och Argentina, är en prioriterad region för förvärv.”

Annual report 2024A · The company itself

“Loomis är en av de ledande aktörerna inom kontanthantering i Europa – ofta den största eller näst största aktören i de länder där vi har närvaro. Samtidigt växer verksamheten i Latinamerika, där Chile och Argentina är de stora marknaderna för Loomis.”

Annual report 2024A · The company itself

“Material impacts, risks and opportunities Impacts Actual / potential (+/-) Risks Opportunities Time horizon Key management methods WATER USE IN METSO'S OPERATIONS Several of Metso’s locations are situated in waterscarce areas in India, China, Chile and Mexico, which increases demand for local water resources. Actual (-) Short Medium Long • 8 of Metso’s locations are located in water-scarce areas (2024: 8).”

Annual report 2025A · The company itself

“Specific climate mitigation actions completed in 2025 include: • Energy-efficient upgrades to industrial furnaces and heating systems in Brazil, China and India • Installations of solar panels at manufacturing locations in Australia, China and Mexico • Change from diesel to electric tow-trucks and company vans in India and Ireland and installing electric vehicle charging stations in Finland • Installation of automated shutdown control for air conditioning to reduce energy and cooling gas waste in Brazil Metso Corporation - Board of Directors' report and financial statements 2025 |68 Metso continues to develop its Life Cycle Services (LCS) contracts toward more sustainable solutions by creating performance-based and product-as-a-service business models.”

Annual report 2025A · The company itself

“We have a strong brand in Brazil.”

Annual report 2025A · The company itself

“We are the second largest integrated phosphate producer in the world and one of the largest producers and marketers of phosphate-based animal feed ingredients in North America and Brazil. We are the leading fertilizer production and distribution company in Brazil.”

Annual report 2025A · The company itself

“All of our production in Brazil is consumed within the country.”

Annual report 2025A · The company itself

“We are a global business with substantial assets located outside of North America. Our operations in Brazil, China, India and Paraguay are fundamental to our business.”

Annual report 2025A · The company itself

“Trots detta uppvisade EMEA och Americas stabil tillväxt, där efterfrågan i Americas drevs av colocationleverantörer i Nord- och Latinamerika.”

Annual report 2024A · The company itself

“Anläggningen kommer att tillverka hela Munters portfölj av kylsystem Andel av koncernens försäljning • Geografisk expansion till nya regioner såsom Latinamerika och Asien 28% • Fortsatt utveckling av nära samarbete med ledande kunder samt branschpartnerskap för att öka räckvidden och komplettera vårt eget erbjudande, exempelvis inom vätskekylning (2023: 24) • Expandera regionalt i APAC genom att dra nytta av Geoclimas säljstyrka i regionen samt deras produktionsanläggning • Den första större ordern togs emot för LCX-kylsystemet, en vatten-till-vatten CDU (coolant distribution unit) STRATEGI Marknad Under året fortsatte hyperscalers att investera i datacenter för att möta den höga efterfrågan, både genom egna investeringar och genom att hyra utrymme från colocationleverantörer.”

Annual report 2024A · The company itself

“Hotraco tillför cirka 45 000 uppkopplade kontrollenheter till FoodTechs ekosystem för datainsamling och analys. • AgriWebb (AU) är en ledande leverantör av mjukvara för produktion av nötkött. AgriWebb hanterar för närvarande över 23 miljoner boskap i 18 länder, främst i Australien, Storbritannien, USA och Brasilien.”

Annual report 2024A · The company itself

“Parallellt spänner det över flera olika nivåer i värdekedjan i stora delar av världen framförallt USA, Latinamerika och Sydostasien. Integratörerna har i sin tur mycket stora kunder bland annat inom restaurangkedjor, som ställer långtgående krav på sina leverantörer.”

Annual report 2024A · The company itself

“To provide a wider view of our work, I have highlighted a few achievements on a more strategic level below. - In 2024, we signed a Memorandum of Understanding (MoU) with NEXT’s long-term partner ACPL to jointly develop a new product which targets the growing government ID market and different national ID programs in Asia, South America, and Africa.”

Annual report 2024A · The company itself

“In the Americas, NEXT has two distributors covering US, Mexico and Brazil.”

Annual report 2024A · The company itself

“The risk of contributing to deforestation mainly lies in the areas in which Bakkafrost sources soy, which in 2024 was Brazil. The impact pertains to Bakkafrost’s FOF segment and lies in the upstream value chain, meaning that Bakkafrost is involved in the impact through its business relationships. Given that soy is a crucial component of salmon feed, this risk is closely tied to Bakkafrost's overall strategy.”

Annual report 2024A · The company itself

“Americas - Total Industry, PMI Shipment Volume and Market Share Commentaries The estimated industry volume for cigarettes and HTUs, excluding the U.S., decreased by 2.0% to 183.5 billion units due to a decrease in the cigarette market.”

Annual report 2025A · The company itself

“South Korea 68.0 70.5 14.0 14.0 7.5 8.3 6.5 5.7 20.6 19.9 9.5 8.1 Americas Argentina 26.8 26.4 17.0 16.4 17.0 16.4 — — 63.5 62.1 — — Mexico 30.5 31.6 17.6 18.5 17.3 18.3 0.3 0.2 57.8 58.5 1.0 0.7 (1) Market share estimates are calculated using IMS data, unless otherwise stated.”

Annual report 2025A · The company itself

“In contrast, Latin American markets performed well, supported by economic recovery and currency stability in key countries. Growth was partly driven by the new Okuma distributorship in Chile.”

Annual report 2025A · The company itself

“SI Partners also faces risks related to doing business with PEMEX and the CFE, which are Mexican state-owned enterprises, including their financial solvency and performance of their respective contractual obligations. Any delay or default in payment could result in our recording of a provision for expected credit losses on past due receivable balances and lower revenues, as was the case in 2024 and 2025 for a customer at SI Partners.”

Annual report 2025A · The company itself

“In December 2025, we entered into an agreement to sell Ecogas, a natural gas regulated distribution utility that we describe below, to Gas Natural del Noroeste S.A. de C.V. for 9.0 billion Mexican pesos (approximately $500 million U.S. dollar-equivalent at December 31, 2025), subject to adjustments. We expect to complete the sale in the second or third quarter of 2026, subject to closing conditions.”

Annual report 2025A · The company itself

“At December 31, 2025, Sempra Infrastructure owned or held interests in the following assets: At December 31, 2025, Sempra, KKR Pinnacle and ADIA each hold a 70%, 20%, and 10% interest, respectively, in SI Partners. SI Partners owns a 100% interest in Sempra LNG Holding, LP and a 99.9% interest in IEnova at December 31, 2025.”

Annual report 2025A · The company itself

“At December 31, 2025, we also have approximately 308,000 acres of forests and plantations, the majority of which are owned in Latin America in Colombia and Brazil.”

Annual report 2025A · The company itself

“We are a leading business in containerboard and corrugated containers in Latin America. In Latin America, we are one of the largest producers of corrugated containers and containerboard, by volume.”

Annual report 2025A · The company itself

“Sales of our LATAM segment accounted for 6.7% of our net sales in 2025.”

Annual report 2025A · The company itself

“Net sales before intersegment eliminations for the LATAM segment increased by $402 million, to $2,113 million in the year ended December 31, 2025, from $1,711 million in the year ended December 31, 2024.”

Annual report 2025A · The company itself

“Målet med att växa verksamheten i BIC-länderna har uppfyllts genom förvärvet av Italytec Imex Indústria e Comércio Ltda., som slutfördes efter balansdagen.”

Annual report 2024A · The company itself

“Trots en generell försäljningsnedgång fortsatte vi att växa utanför Europa och Nordamerika, i enlighet med vår strategi att utöka vår geografiska spridning. I januari 2025 förvärvade vi, genom Mobile Thermal Solutions bolaget Italytec Imex Indústria e Comércio Ltda., en ledande leverantör av luftkonditioneringssystem för den brasilianska offroad-marknaden. Förvärvet är ett strategiskt steg i vår tillväxtresa som global industrikoncern och stärker vår närvaro i Brasilien och Sydamerika, i linje med vår strategi att växa i BIC-länderna.”

Annual report 2024A · The company itself

“Ringfeder Power Transmission är en global aktör, där verksamheten bedrivs utifrån egna bolag i Tyskland, Tjeckien, Polen, USA, Brasilien, Indien, Kina och Australien.”

Annual report 2024A · The company itself

“Vi ökar vår direkta närvaro genom att dra nytta av försäljningssynergier Vi har som mål att öka vår direktnärvaro på marknaden genom att utnyttja sammanslag - ningen av Igenomix och Vitrolifes tidigare direktförsäljningskanaler. Ett föredömligt steg i denna riktning är internaliseringen av distribu - tionskanaler på nyckelmarknader, bland annat i Spanien och Portugal som slutfördes under andra kvartalet 2024, med möjlighet till ytterligare expansion till andra marknader som Brasilien och Indien.”

Annual report 2024A · The company itself

“In Latin America, volume increased by 13%, driven by Buenos Aires, Argentina, Pecem, Brazil”

Annual report 2025A · The company itself

“Landmark openings included the warehouse in Shanghai’s Lin-gang Pilot Free Trade Zone, the Mega Distribution Centre in Kuala Lumpur and new hubs in France, Senegal, Saudi Arabia, South Africa, Panama, Peru and the US.”

Annual report 2025A · The company itself

“Looking at other regions, import volumes continued to show solid yearon-year growth: Africa 16%, Latin America 12% and West Central Asia 9%.”

Annual report 2025A · The company itself

“The Rijeka Gateway terminal, Croatia, has officially launched operations this year. APM Terminals Callao, Peru, has reached a major milestone with the completion of Stage 3A of the North Terminal modernisation. In Bangladesh, APM Terminals and QNS Container Services signed a 30-year concession to develop the Laldia Container Terminal.”

Annual report 2025A · The company itself

“Solstad-selskapene leverer avanserte fartøy til globale offshore energimarkeder, med fokus på Brasil, Nordsjøen, Sørøst-Asia, Australia og Vest -Afrika.”

Annual report 2024A · The company itself

“We lease warehouses and office space at our headquarters in Oslo and our sales offices in the United States, Latin America, Australia, and Asia.”

Annual report 2024A · The company itself

“Ny lastbilsfabrik i Mexiko Tillväxt i Nordamerika är en strategisk prioritering, och i augusti meddelade koncernen att man kommer att bygga sin nya fabrik för tunga lastbilar i Mexiko i Monterrey. Fabriken kommer att komplettera koncernens tillverkning i USA och bidra med ytterligare kapacitet för att stödja tillväxtplanerna för både Volvo Lastvagnar och Mack Trucks på de amerikanska och kanadensiska marknaderna samt Macks försäljning i Mexiko och Latinamerika.”

Annual report 2024A · The company itself

“Dessa bussar kommer att trafikera Curitiba i Brasilien, Bogotá i Colombia och Mexico City i Mexiko. Dubbelledbussarna har en 28 meter lång kaross och en kapacitet på upp till 250 passagerare.”

Annual report 2024A · The company itself

“feed factories for salmon in Norway, Scotland, Chile and Australia; for shrimp in Ecuador, Costa Rica, and Vietnam”

Annual report 2025A · The company itself

“Segment volumes increased by 8%, primarily driven by growth in Chile but also in Norway, supported by new customer contracts and improved biological conditions early in the year.”

Annual report 2025A · The company itself

“Revenue and EBITDA increased significantly year on year, supported by growing adoption of the technology, particularly in Latin America but also in Asia.”

Annual report 2025A · The company itself

“We have certain ownership interests outside the U.S. that may subject us to risks different from or greater than those associated with our domestic operations. We have a small portfolio of operating properties in Canada.”

Annual report 2025A · The company itself

“Sales offices and plants are located primarily throughout Europe, North America, Latin America, and the Asia-Pacific regions to 7 provide prompt and economical service to thousands of customers.”

Annual report 2026A · The company itself

“It has grown sales in Latin America, Middle East and Asia by driving its global and market expansion strategy and initiatives.”

Annual report 2025A · The company itself

“These include operating subsidiaries of Ares Management Asia (Holdings) Limited, which are subject to regulation by various regulatory authorities, including the Securities and Futures Commission of Hong Kong and Monetary Authority of Singapore, as well as the expansion of our investment activities in Japan, Brazil, Vietnam and Australia in connection with recent strategic acquisitions, which are subject to the applicable regulatory authorities and regimes.”

Annual report 2025A · The company itself

“Arjos segment Global Sales består av samtliga marknader utanför Nordamerika och inkluderar således Europa, Asien, Latinamerika, Afrika och Oceanien.”

Annual report 2024A · The company itself

“For example, we are growing our Latin America operations through acquisitions of local family-owned insurance brokerage firms. If we lose a key local employee, hiring and retaining talent locally or finding an internal candidate qualified to transfer to such location could be difficult; •Less flexible employee relationships, which in certain circumstances have limited our ability to prohibit employees from competing with us after they are no longer employed with us or recover damages, and made it more difficult and expensive to terminate their employment; •Conflicting regulations in the countries in which we do business; •Political and economic instability (including risks relating to undeveloped or evolving legal systems, unstable governments, acts of terrorism, military actions and war, including between Russia and Ukraine, the Middle East and Latin America and the Caribbean).”

Annual report 2025A · The company itself

“We have international operations, particularly in Mexico, and other countries worldwide where we need to comply with a wide variety of complex local laws, regulations and treaties, and are subject to evolving political environments.”

Annual report 2025A · The company itself

“Postpaid 914 601 311 52.1 % 93.2 % Prepaid 244 823 459 (70.4) 79.3 Reseller (54) (164) (57) 67.1 — Mexico Wireless Net Additions 1,104 1,260 713 (12.4) % 76.7 % Service revenues increased in 2025, reflecting growth in subscribers and ARPU, partially offset by unfavorable foreign exchange impacts.”

Annual report 2025A · The company itself

“Our Mexico operating income margin was 3.3% in 2025, 0.9% in 2024 and (3.6)% in 2023.”

Annual report 2025A · The company itself

“At December 31, 2025, we provided LTE coverage to over 104 million people in Mexico.”

Annual report 2025A · The company itself

“We began operations in 1979 and at August 30, 2025, operated 6,627 stores in the United States (“U.S.”), 883 stores in Mexico and 147 stores in Brazil.”

Annual report 2025A · The company itself

“The various risks we face in our U.S. operations generally also exist when conducting operations in and sourcing products and materials from outside of the U.S. There are also challenges inherent in establishing and managing international operations, in addition to the specific costs, risks and difficulties unique to that market. For example, the sale and distribution of parts and products in Mexico and Brazil requires the ability to adapt our merchandising and marketing strategies to account for, among other things, different vehicles in operation in local markets and different consumer behaviors with respect to aftermarket automotive repair.”

Annual report 2025A · The company itself

“Human Capital Resources Our Global Workforce With approximately 69% of our 2025 net sales originating outside the U.S. and approximately 40% of our net sales originating in emerging markets (Latin America, Eastern Europe, Middle East/Northern Africa, and most countries in Asia Pacific), our employees are located in more than 50 countries to best serve our customers.”

Annual report 2025A · The company itself

“Our strategy includes continuing to grow in emerging markets, which exposes us to less stable geopolitical conditions, civil unrest, economic volatility, and other risks applicable to operating in these regions. Approximately 40% of our net sales in 2025 originated in emerging markets.”

Annual report 2025A · The company itself

“Beverage Packaging, South America, Segment ​ The beverage packaging, South America, segment accounted for 16 percent of Ball’s consolidated net sales in 2025. Our operations consist of 12 facilities—9 in Brazil and one each in Argentina, Chile and Paraguay. For the countries where we operate, the South American aluminum beverage container market is approximately 43 billion containers, and we are the largest producer in this region with an estimated 46 percent of South American shipments in 2025.”

Annual report 2025A · The company itself

“Betssons operativa verksamhet Betsson årsredovisning 2024 7/124 Spellicenser Koncernen har lokala spellicenser i 22 länder i Europa, Afrika, Nordoch Sydamerika.”

Annual report 2024A · The company itself

“Global närvaro med lokalt fokus Betssons tillväxt genereras globalt genom expansion på nya marknader och drivs av ett attraktivt erbjudande.”

Annual report 2024A · The company itself

“Våra investeringar i regionerna Latinamerika samt Centraloch Östeuropa och Centralasien (CEECA) fortsätter att vara en viktig drivkraft för vår tillväxt.”

Annual report 2024A · The company itself

“Klubben har särskilt starka kopplingar till Latinamerika – där vi ser fortsatt stor tillväxtpotential – med lagkaptenen Lautaro Martínez och tidigare legendariska spelare som Zanetti, Cambiasso och Ronaldo.”

Annual report 2024A · The company itself

“En väldiversifierad mix av intäkter från olika geografiska regioner begränsar riskerna med svagare utveckling på enskilda marknader.”

Annual report 2024A · The company itself

“Many of our investment funds invest a significant portion of their assets in the equity, debt, loans or other securities of issuers located outside the United States. International investments have increased and we expect will continue to increase as a proportion of certain of our funds’ portfolios in the future.”

Annual report 2025A · The company itself

“We conduct our operations in various regions of the world outside of the United States, including Europe, Asia, and Latin America.”

Annual report 2026A · The company itself

“We expect that sales to emerging markets will continue to account for a significant portion of our sales as developing nations around the world increase their demand for our products. In addition, as part of our globalization strategy, we have invested in certain countries, including Mexico, Brazil, China, India, Saudi Arabia and other countries in the Middle East.”

Annual report 2025A · The company itself

“More than one-third of our revenue now comes from international markets, supported by strategic collaborations such as our partnership with UNDP in Africa, our cooperation with Elm in Saudi Arabia, and our joint venture in India.”

Annual report 2025A · The company itself

“Outside the United States, Chevron supplied directly or through retailers and marketers approximately 5,200 branded service stations, including affiliates. The company markets using the Chevron and Texaco brands in Latin America and the Caltex brand in the Asia-Pacific region.”

Annual report 2025A · The company itself

“We operate on a global basis serving consumers in more than 200 countries and territories with approximately two-thirds of our Net sales originating in markets outside the United States.”

Annual report 2025A · The company itself

“The scope of the project is limited to our operations in Zhuhai, China, and Cartago, Costa Rica, and the final products distributed and sold across markets downstream.”

Annual report 2025A · The company itself

“CooperVision manufactures molded contact lenses, which represent the majority of our contact lens revenues, primarily at our facilities in Costa Rica, Hungary, Puerto Rico, the United Kingdom and the United States, with other smaller facilities also existing in multiple locations around the world.”

Annual report 2025A · The company itself

“Our expansion into markets outside the U.S., including expansions in the U.K., Canada, Europe, Brazil, and the Middle East expose us to risks arising from operating in international markets.”

Annual report 2025A · The company itself

“We offer fuel solutions primarily to businesses and public sector entities who operate vehicle fleets, and, in some cases, to consumers in Brazil, Mexico and Europe.”

Annual report 2025A · The company itself

“Tolls & Parking – Operated primarily in Brazil, we are a leading electronic toll payments provider to businesses and consumers in the form of radio frequency identification (RFID) tags affixed to vehicle windshields. Our tolls solution primarily operates on our proprietary Sem PararTM network, which processes transactions for more than 7.5 million tagholders on 100% of the toll roads that accept RFID across Brazil.”

Annual report 2025A · The company itself

“Our customers may also use the Sem Parar super app with more than 30 different vehicle-related features, including vehicle registration payments, car pricing comparison, off-site parking and EV charging among other features with over four million quarterly active users. Vehicle Compliance – Our apps for mobile devices in Brazil allow millions of drivers to pay for vehicle taxes, vehicle registration and parking and fines instantly.”

Annual report 2025A · The company itself

“Benefits – In Mexico and Brazil, we offer prepaid food vouchers or cards to employees via their employer that may be used as a form of payment at restaurants and grocery stores. Additionally, in Brazil, we offer prepaid transportation cards and vouchers that may be used by commuting employees as a form of payment on public transportation.”

Annual report 2025A · The company itself

“Although Corteva has operations throughout the world, Corteva’s sales outside the United States in 2025 were principally to customers in Brazil, Eurozone countries, and Canada.”

Annual report 2025A · The company itself

“The company has 95 production sites in the following geographic regions: Number of Sites Seed Crop Protection Total North America 1 38 7 45 EMEA 2 12 9 21 Latin America 8 13 21 61 34 95 1.”

Annual report 2025A · The company itself

“Volume growth was driven primarily by increased corn area and share gains in North America and Brazil, partially offset by lower soybean area in North America.”

Annual report 2025A · The company itself

“Volume growth was driven by demand for new products, herbicides and biologicals, while price declined primarily due to market dynamics in Latin America, partially offset by North America price increases.”

Annual report 2025A · The company itself

“The Company defines high-growth markets as Eastern Europe, the Middle East, Africa, Latin America (including Mexico) and Asia (with the exception of Japan, Australia and New Zealand).”

Annual report 2025A · The company itself

“The structural issues facing the other two focus areas, i.e. the adaptation to new ferry competition in the Türkiye-Italy/Europe corridor and the turnaround of TES (Türkiye & Europe South), turned out to be more severe than anticipated.”

Annual report 2025A · The company itself

“Additionally, the Company recognized a $303 million pretax impairment charge related to assets used for chlor-alkali, propylene oxide and brine production in Latin America due to challenging economic conditions in the region. The impairment charge included $71 million related to Packaging & Specialty Plastics.”

Annual report 2025A · The company itself

“We have leveraged the EchoStar XXIV satellite to deliver satellite services to unserved and underserved consumer markets in the Americas as well as enterprise, aeronautical and government markets.”

Annual report 2025A · The company itself

“Given our strong presence in Asia and Latin America, we can work as an internal provider for our sister companies.”

Annual report 2024A · The company itself

“Together with Bergen Logistics we are also expanding within Fashion, at present both in Mexico and in Southeast Asia.”

Annual report 2024A · The company itself

“Silicon Products has about 2 100 FTEs and has plants in Norway, Iceland, Canada, India, Paraguay and China, and quartz mines in Norway and Spain.”

Annual report 2024A · The company itself

“The division has approximately 400 FTEs, with plants in Norway, South Africa, Brazil, Malaysia, Slovakia and China.”

Annual report 2024A · The company itself

“Recent Events and Company Outlook As further described above, we operate in the U.S., which represented 77% of our revenue in 2025, and internationally in 20 countries.”

Annual report 2025A · The company itself

“International revenue growth is driven by growth in Latin America from the Boa Vista Serviços S.A. ("BVS") acquisition, completed in the third quarter of 2023, as well as local currency growth in Latin America, Europe and Canada.”

Annual report 2025A · The company itself

“Local currency revenue increased 10% in 2025 as compared to 2024. The increase is primarily due to local currency growth in Argentina, Brazil and Paraguay.”

Annual report 2025A · The company itself

“REN - Finansiell informasjon (i millioner USD) 2024 2023 Endring Eksterne salgsinntekter og andre inntekter >100% (33) N/A >100% Økningen i inntektene for året 2024 som helhet var drevet av bidrag fra tilgangen av landvindparker i drift i Brasil og Polen, en gevinst som følge av justering av virkelig verdi knyttet til betingede vederlag og en positiv endring i resultatandel fra egenkapitalkonsoliderte investeringer.”

Annual report 2024A · The company itself

“Våre ansatte globalt er delt inn i følgende geografiske områder: Antall ansatte per land Land Enhet 2024 Brasil 1.034 Norge 21.426 UK USA Andre land 1 1.101 25.155 1) Inkluderer Algerie, Angola, Argentina, Australia, Belgia, Canada, Kina, Danmark, Tyskland, India, Japan, Libya, Nederland, Nigeria, Polen, Russland, Singapore, Sør-Korea, Tanzania Equinors verdikjede Verdikjeden vår starter med utvinningen av råmaterialer til energien er levert til markedet.”

Annual report 2024A · The company itself

“The Americas segment primarily sells to clients throughout North, Central, and South America.”

Annual report 2025A · The company itself

“We have businesses in emerging markets that may experience significant economic volatility. We have operations in emerging markets, primarily in Latin America, India, Southeast Asia, the Middle East and Africa.”

Annual report 2025A · The company itself

“South America SAMER 29% Share of revenue”

Annual report 2025A · The company itself

“Organically, Service order intake increased by 14% compared to Q4 2024, driven by increased orders for consumables and modernisations, supported by strong activity in the South American and African markets.”

Annual report 2025A · The company itself

“The organic growth was driven by solid performance in key markets, particularly South America and Africa, with strong momentum.”

Annual report 2025A · The company itself

“Since our growth strategy depends in part on our ability to further penetrate markets outside the United States and increase the localization of our products and services, we expect to continue to increase our sales and presence outside the United States, particularly in high-growth markets, such as Eastern Europe, the Middle East, Africa, Latin America, and Asia.”

Annual report 2025A · The company itself

“In South America, we manage two copper operations – Cerro Verde in Peru and El Abra in Chile.”

Annual report 2025A · The company itself

“restrukturering af FurnMaster i Mexico, hvor udvalgte salgskontrakter afvikles”

Annual report 2025A · The company itself

“Our International segment also includes products manufactured in the United States for export, mainly to Caribbean and Latin American markets, as well as products we manufacture for sale to our international joint ventures.”

Annual report 2026A · The company itself

“Further we will increase our footprint in regions which are still showing notable progress for Offset products, mainly APAC and South America.”

Annual report 2025A · The company itself

“Revenue 4,858 DKKm Share of group revenue 20%”

Annual report 2025B · From the report

“Vi har blandt andet set en fortsat positiv udvikling med vores alkoholfri maltdrik, Hyper Malt, som vi sælger og markedsfører i blandt andet Afrika og Americas med afsæt i fornyet indsigt i forbrugsmønstre og markedspotentiale, og vi har indgået nye større aftaler med distributører og kunder.”

Annual report 2026A · The company itself

“Harboes drikkevarer sælges og markedsføres i vid udstrækning til de store kunder i detailhandlen i Danmark og Tyskland, til den dansk-tyske grænsehandel samt på udvalgte markeder i Europa, Afrika, Americas og Asien.”

Annual report 2026A · The company itself

“Men i 2025 besluttede Harboe at ændre den strategiske tilgang til dette marked og etablerede en dedikeret ressource på landjorden i regionen. Denne beslutning har transformeret vores evne til at eksekvere på salget i regionen og har samtidig gjort det muligt at opbygge et helt nyt vidensniveau, som på kort tid har øget væksten markant.”

Annual report 2026A · The company itself

“Eksportmarkederne Markedstilgangen på eksportmarkederne sker med udgangspunkt i samarbejde med distributører og samarbejdspartnere på udvalgte markeder, hvor der er potentiale for fornuftige indtjeningsmarginer og mulighed for at etablere egentlige nichepositioner med Harboes egne brands. Der er betydelig konkurrence på alle markeder, men økonomisk vækst og stigende købekraft driver også et stigende forbrug af drikkevarer på de valgte markeder.”

Annual report 2026A · The company itself

“We currently have operations and manufacture product in Mexico, Brazil, India and Malaysia, primarily for consumers in these regions, and distribute and sell confectionery products in export markets of Asia, Latin America, Middle East, Europe, Africa and other regions.”

Annual report 2025A · The company itself

“As part of our strategy, we have made investments outside of the United States, particularly in Canada, Malaysia, Mexico, Brazil, and India.”

Annual report 2025A · The company itself

“The Company has a global presence within several major international markets, including Australia, Brazil, Canada, China, England, Indonesia, Japan, Mexico, the Philippines, Singapore, and South Korea.”

Annual report 2025A · The company itself

“Net Sales $ 174,652 $ 185,012 (5.6) $ 709,146 $ 701,529 1.1 Segment Profit (Loss) (138,611) 27,058 (612.3) (80,418) 92,084 (187.3) Adjusted Segment Profit 25,100 27,058 (7.2) 83,293 92,084 (9.5) For the International segment, volume and net sales growth for SPAM® luncheon meat and the refrigerated portfolio was more than offset by declines in fresh pork exports and competitive pressures in Brazil in the fourth quarter of fiscal 2025.”

Annual report 2025A · The company itself

“Our Consolidated Hotel Portfolio As of February 20, 2026, we owned a portfolio of 76 hotels, of which 71 are in the United States and five are located in Brazil and Canada. Our consolidated hotels located outside the United States collectively have approximately 1,500 rooms.”

Annual report 2025A · The company itself

“Products are either sourced complete, manufactured or assembled by subsidiaries in the United States, Canada, Puerto Rico, Mexico, China, the United Kingdom ("UK"), Brazil, Australia, Spain, Ireland, and the Republic of the Philippines. The Company also participates in joint ventures in Hong Kong and the Republic of the Philippines, and maintains offices in Singapore, Italy, China, India, Mexico, South Korea, Chile, and countries in the Middle East.”

Annual report 2025A · The company itself

“Utöver förvärven har bolaget utökat sin globala räckvidd med nya satsningar, såsom ett säljbolag i Brasilien, ett logistikcenter i Malaysia för att effektivisera leveranser till kunder i Sydostasien och en lokaliseringsprocess för Superbolt i Kina.”

Annual report 2024A · The company itself

“Förvärvet ger oss en väsentligt större och mer relevant kundbas, stärker vår position på detaljhandelsmarknaderna i Väst- och Sydeuropa samt bidrar med geografiskt kompletterande fördelar med HMYs närvaro i framförallt Spanien, Frankrike, Turkiet samt Central- och Sydamerika.”

Annual report 2024A · The company itself

“På den brasilianska marknaden samarbetar Promimic med Sistema de Implante Nacional (S.I.N), en ledande leverantör av tandimplantat, som kommersialiserar tandimplantat belagda med HA nano Surface. S.I.N halverade inläkningstiden på sina implantat med hjälp av Promimics yta och blev uppköpta av det världsledande dentalbolaget Henry Schein i juli 2023.”

Annual report 2024A · The company itself

“OUR PRODUCTS AND OPERATING STRUCTURE We are a leading integrated brand owner, manufacturer, and distributor of beverages in the U.S., Canada, Mexico, the Caribbean, and other international markets.”

Annual report 2025A · The company itself

“Our strategy includes operations growth outside the U.S., especially in developing markets such as China, Eastern Europe, ASEAN and Latin America.”

Annual report 2025A · The company itself

“Kehittyvillä markkinoilla joulukuun valmistavan teollisuuden PMI osoitti toimintaolosuhteiden parantuneen Intiassa ja Kiinassa mutta heikentyneen Brasiliassa.”

Annual report 2025A · The company itself

“The subsidiary, which celebrated its first anniversary in May 2025, currently operates in Spain and Portugal, with plans to expand into LATAM in 2026. Since its launch, it has grown 200% (from 10 to 30 customers) and is now the third-largest market by customer count.”

Annual report 2025A · The company itself

“For 2026, we keep our expectation to accelerate our penetration in the Spanish, Portuguese, and LATAM markets by continuing to focus on our sweet spot market and the launch of new modules in our value proposition.”

Annual report 2025A · The company itself

“Vuoden 2024 aikana ympäristönsuojelun liikevaihto kasvoi vertailukaudesta kaikilla markkina-alueilla, eniten Etelä-Amerikassa.”

Annual report 2024A · The company itself

“Suuret voitetut projektit Lähi-idässä ja Etelä-Amerikassa ovat olleet keskeisiä tämän liiketoiminnan kasvussa, vahvistaneet yhtiön paikallisia suhteita sekä Lamorin teknologisia ja operatiivisia kyvykkyyksiä olla mukana vastaavissa hankkeissa ympäri maailmaa.”

Annual report 2024A · The company itself

“In addition, we own a 50% interest in a joint venture in Mexico that produces unit coolers, air-cooled condensers, condensing units, compressors and compressorized racks of the same design and quality as those manufactured by our U.S. business.”

Annual report 2025A · The company itself

“On September 24, 2024, LINK Mobility Spain SLU acquired Net Real Solutions, headquartered in Castellon, Spain. This acquisition expands LINK’s geographical reach in Europe and unlocks opportunities in Latin America, where Net Real Solutions has a significant market share.”

Annual report 2024A · The company itself

“About Lundin Mining Lundin Mining Corporation (“Lundin Mining” or the “Company”) is a diversified Canadian base metals mining company with projects or operations focused in the Americas and primarily producing copper, gold and nickel.”

Annual report 2024A · The company itself

“Operational Performance Candelaria (80% owned): Candelaria produced, on a 100% basis, 162,487 tonnes of copper, approximately 93,000 ounces of gold and 2.0 million ounces of silver during the year.”

Annual report 2024A · The company itself

“Caserones (70% owned): Caserones produced, on a 100% basis, 124,761 tonnes of copper and 3,183 tonnes of molybdenum, both within the most recently disclosed 2024 annual production guidance ranges.”

Annual report 2024A · The company itself

“Chapada (100% owned): Chapada produced 43,261 tonnes of copper and approximately 65,000 ounces of gold during the year, both metals were within the most recently disclosed 2024 production guidance ranges.”

Annual report 2024A · The company itself

“Eagle (100% owned): Eagle produced 7,486 tonnes of nickel and 6,366 tonnes of copper during the year.”

Annual report 2024A · The company itself

“We also derive significant revenues from our business in emerging markets, particularly the emerging markets in Asia and South America.”

Annual report 2025A · The company itself

“On January 2, 2026, we completed the purchase of an additional 25% ownership interest in McCormick de Mexico. The purchase price was $750 million, which increased our ownership to a 75% controlling interest. We believe the acquisition creates opportunities for further growth in the Mexican market and provides a strategic platform for further expansion in Latin America.”

Annual report 2025A · The company itself

“The Company has operations in countries located in Latin America, the Middle East, Africa, Eastern Europe and Asia Pacific.”

Annual report 2025A · The company itself

“Latin America Our largest operations in Latin America are in Mexico and Chile.”

Annual report 2025A · The company itself

“Adjusted premiums, fees and other revenues for the year ended December 31, 2025 increased $670 million, or 11%, compared to 2024. Adjusted premiums, fees and other revenues, net of foreign currency fluctuations, increased $855 million, or 15%, compared to 2024, mainly driven by strong sales and solid persistency across the region.”

Annual report 2025A · The company itself

“Adjusted premiums, fees and other revenues for the year ended December 31, 2024 increased $209 million, or 4%, compared to 2023. Adjusted premiums, fees and other revenues, net of foreign currency fluctuations, increased $544 million, or 10%, compared to 2023, mainly driven by strong sales and solid persistency across the region.”

Annual report 2025A · The company itself

“Latin America The Latin America segment offers a broad range of products to both individuals and corporations, as well as to other institutions, and their respective employees, which include life insurance, retirement and savings, accident & health insurance and credit insurance.”

Annual report 2025A · The company itself

“Our growth strategy depends in part on our ability to expand our operations in emerging markets, including among others Brazil, China, India, Mexico, Argentina, Eastern Europe, the Middle East, Africa and Southeast Asia.”

Annual report 2025A · The company itself

“Harvest volumes increased to all-time high levels and exceeded 70k tonnes for the first time since 2008.”

Annual report 2024A · The company itself

“The contract share was 29% in 2024 (30% in 2023). The superior share for salmon of Chilean origin was 92% in 2024 (91% in 2023), i.e. at the group target of 92%.”

Annual report 2024A · The company itself

“In Mowi's operations in Chile, overall biology and cost performance has been good. Volumes increased by 5% on increased smolt stocking, and exceeded 70k tonnes for the first time since 2008.”

Annual report 2024A · The company itself

“Soy purchased from Brazil was 100% ProTerra certified and originates from the states of Matto Grosso, Minas Gerais and Goiás.”

Annual report 2024A · The company itself

“The Group’s farming activities are located in Norway, Scotland, Canada, Chile, Ireland, Iceland and the Faroe Islands.”

Annual report 2024A · The company itself

“Nasdaq’s market technology solutions are utilized by leading markets in North America, Europe, Asia, Middle East, Latin America and Africa.”

Annual report 2025A · The company itself

“AFS, med 90 procent av sin försäljning i USA, har utvecklats väl under året och även ökat försäljningen i Latinamerika.”

Annual report 2024A · The company itself

“•Asia Pacific & Latin America revenues decreased 1% on a currency-neutral basis primarily due to lower revenues in Southeast Asia & India, Japan and Korea, partially offset by higher revenues in Central & South America and Pacific.”

Annual report 2026A · The company itself

“Företaget erbjuder premiumtjänster för övervakade larm till sina mer än 5,6 miljoner kunder i 17 länder i Europa och Latinamerika.”

Annual report 2024A · The company itself

“2) Potensielt negative miljømessige konsekvenser 6,0 Ansatte Millioner tonn alumina produksjon 100 000 71 % Personer som har fått hjelp av sosiale programmer siden 2018 Reduksjon av Alunortes CO 2 -utslipp innen 2030 Hydro Bauxite & Alumina dekker Hydros bauksittgruvevirksomhet i Paragominas og selskapets andel på 62 prosent av det brasilianske aluminaraffineriet Alunorte, begge lokalisert i delstaten Pará nord i Brasil. Alunorte er det største alumin araffineriet i verden utenfor Kina, med en nominell kapasitet på 6,3 millioner tonn per år.”

Annual report 2024A · The company itself

“Sales in Emerging Markets increased by 3% measured in Danish kroner and by 8% at CER.”

Annual report 2025A · The company itself

“Latin America 13%”

Annual report 2025A · The company itself

“Three strategic pillars In Agriculture, Energy & Tech, we enabled a customer to become the largest ethanol producer in Latin America by ensuring supply reliability and by offering innovative new biosolutions, such as yeast solutions, to enhance yield and efficiency.”

Annual report 2025A · The company itself

“Europe, Middle East & Africa 36% North America 32% Asia Pacific 19% Latin America 13% Developed markets 64% Emerging markets 36% Group performance 2025 Pro forma 2025 Sales growth Food & Health Biosolutions Planetary Health Biosolutions Group Food & Health Biosolutions Planetary Health Biosolutions Group relating to the Feed Enzyme Alliance acquisition.”

Annual report 2025A · The company itself

“While currently our supply chain is mainly concentrated in Asia, we are expanding into the U.S. and Latin America.”

Annual report 2026A · The company itself

“In Latin America, constant currency growth in 2025 of $127.2 million, or 29.3%, compared to the prior year, was driven by a strong performance within the Media & Advertising discipline, led by our media business, and across all countries in the region. Our performance in the region also benefited from one month of IPG operations recorded in the fourth quarter of 2025.”

Annual report 2025A · The company itself

“Total revenue growth by geographic region was led by North America, which increased $942.0 million, or 10.9%, followed by Europe with an increase of $365.9 million, or 8.2%. Latin America increased $106.5 million, or 24.6%, the Middle East and Africa increased $90.0 million, or 28.2%, and Asia-Pacific increased $78.4 million, or 4.2%.”

Annual report 2025A · The company itself

“7% of total revenue DKK 2,129 m”

Annual report 2025A · The company itself

“Latin America delivered -4% like-for-like growth, with a notable drag from Mexico as the largest market in the region.”

Annual report 2025A · The company itself

“Latin America Foods Either independently or in conjunction with third parties, LatAm Foods makes, markets, distributes and sells a number of convenient food brands including Cheetos, Doritos, Emperador, Lay’s, Marias Gamesa, Quaker, Ruffles, Sabritas, Saladitas Gamesa and Tostitos.”

Annual report 2025A · The company itself

“GLOBAL ARCHITECTURAL COATINGS Strategic Business Unit Products Primary Customers / End-uses Main Distribution Methods Primary Brands Architectural Coatings Latin America and Asia Pacific Paints, wood stains, adhesives, sealants and purchased sundries Painting and maintenance contractors and consumers for decoration and maintenance of residential and commercial building structures Company-owned stores, home centers and other regional or national consumer retail outlets, paint dealers, concessionaires, independent distributors and direct to consumers COMEX®, PPG®, GLIDDEN®, MERIDIAN®, POLYFORM®, RENNER®, TAUBMANS®, TIKKURILA® and WHITE KNIGHT® Architectural Coatings Europe, Middle East and Africa (EMEA) SIGMA®, HISTOR®, SEIGNEURIE®, GUITTET®, PEINTURES GAUTHIER®, RIPOLIN®, JOHNSTONE’S®, LEYLAND®, PRIMALEX®, DEKORAL®, TRILAK®, GORI®, BONDEX®, DANKE!® and TIKKURILA® Segment Overview This reportable business segment primarily supplies a variety of decorative coatings, adhesives, sealants and finishes along with paint strippers, stains and related chemicals.”

Annual report unknown yearA · The company itself

“We owned 98.0% of Cuprum as of December 31, 2025, and the rest is publicly floated.”

Annual report 2025A · The company itself

“We offer pension accumulation, income annuity and life insurance accumulation products through a co-managed joint venture Brasilprev Seguros e Previdencia S.A.”

Annual report 2025A · The company itself

“We offer mandatory and voluntary pension plans through Principal Afore, S.A. de C.V., Principal Grupo Financiero.”

Annual report 2025A · The company itself

“On January 19, 2026, an agreement with Banco Santander, S.A. (“Santander”) was announced whereby Santander will acquire our annuities business in Chile, Principal Compañía de Seguros de Vida Chile S.A. (“Vida”), subject to regulatory approvals.”

Annual report 2025A · The company itself

“Labor and Employment Matters Prudential of Brazil Labor and Employment Matters Prudential of Brazil (“POB”) sells insurance products to consumers through life planner franchisees (“Life Planners”), who are engaged as independent life insurance brokers and not as employees. When a Life Planner’s contractual relationship with POB is terminated, in many cases the Life Planner commences a labor suit against POB alleging entitlement to employment related benefits.”

Annual report 2025A · The company itself

“In Fiscal 2026, the vast majority of our products (by dollar value) were produced outside of the U.S., primarily in Asia, Europe, and Latin America, with approximately 21% of our products sourced from Vietnam, 16% from Cambodia, and 11% from India.”

Annual report 2026A · The company itself

“Semcon fördubblar verksamheten i Brasilien Semcon vinner tre nya ordrar värda 472 miljoner SEK från en ledande aktör i mobilitetssektorn och stöttar kundens gröna omställning i rollen som strategisk teknikpartner. Uppdragen utförs i verksamheten i Brasilien, och omfattar tjänster inom e-mobilitet, produktion, logistik och quality management.”

Annual report 2024A · The company itself

“Subsequent to year‑end, in January 2026, we made initial investments in Mexico through a joint‑venture with leading global institutional partners.”

Annual report 2025A · The company itself

“The International segment comprises our export business outside Northern and Western Europe. In 2025, the segment accounted for 10% of the Group’s net revenue and 11% of EBIT (both in line with 2024).”

Annual report 2025A · The company itself

“Med data från mer än 20 kliniska studier och cirka 1 600 patienter som exponerats för terapeutiska doser i upp till ett år, har tesofensin ett robust säkerhetsdataset som stöder registreringsansökningarna i Mexiko och Argentina, och potentiellt på andra marknader.”

Annual report 2024A · The company itself

“Dessutom fortsatte Sanionas partner Medix, trots ett negativt myndighetsutlåtande i november, sina ansträngningar för att få tesofensin godkänt i Mexiko. Ett eventuellt godkännande skulle kunna generera royaltyintäkter och öppna möjligheter för expansion i Latinamerika.”

Annual report 2024A · The company itself

“Geographical break down of consolidated revenues and PPE Consolidated revenues by country NOK million 2024 2023 South Africa 1,829 1,073 Egypt 653 657 Ukraine 539 440 Honduras 398 232 Malaysia 374 364 Jordan 181 171 Czech Republic 129 150 Vietnam 81 95 Pakistan 74 - Property, plant and equipment by country NOK million 2024 2023 South Africa 10,110 9,554 Egypt 3,998 3,453 Malaysia 2,825 2,570 Ukraine 2,108 2,063 Honduras 1,291 1,293 Pakistan 1,227 961 Jordan 894 866 Botswana 543 11 Norway 373 475 Czech Republic 290 314 Tunisia 205 - Other 203 53 Vietnam - 422 Total 24,068 22,035 Major customers In South Africa, revenues from the Linde, Kalkbult and Dreunberg plants which commenced operations in 2013 and 2014 are earned under 20-year Power Purchase Agreements (PPAs) with Eskom Holdings (South African incumbent utility), which was awarded under the Renewable Independent Power Producer Procurement Programme (REIPPPP) administrated by the Department of Energy.”

Annual report 2024A · The company itself

“In Brazil, approximately 40% of the electricity from the Mendubim solar power plant is sold in the merchant market, while the rest is sold through the 20-year corporate PPA.”

Annual report 2024A · The company itself

“International revenue declined 5% year on year due to the lower activity in Saudi Arabia, Mexico and Sub-Saharan Africa while North America revenue grew 12% driven by the ChampionX acquisition.”

Annual report 2025A · The company itself

“Securitas har även verksamhet i Ibero-Amerika och i AMEAregionen.”

Annual report 2024A · The company itself

“Securitas Ibero-America Securitas Ibero-America tillhandahåller säkerhetstjänster i sex latinamerikanska länder samt i Portugal och Spanien i Europa.”

Annual report 2024A · The company itself

“I andra delar av Europa liksom i Asien, Australien, Kanada och Syd- och Centralamerika arbetar bolaget med externa distributörer.”

Annual report 2024A · The company itself

“Ett sätt att etablera inhalationssedering på nya marknader Som ett led i att snabbt och med låg risk etablera Sedaconda ACD inom intensivvården i länder där Sedana Medical inte har direktförsäljning sam - arbetar bolaget med distributörer. Utöver bolagets primära fokus på Europa och USA har Sedana Medical distributörer i fler än 30 länder på samtliga kontinenter.”

Annual report 2024A · The company itself

“Distributörsmarknader ökade försäljningen med 15 procent under 2024. Tillväxten inom distributörsmarknader är driven av vår strategi att fokusera på våra prioriterade distri butörspartners, med ytterligare stöd från en stor order från vår främsta distributör i Sydamerika under Q1 2024, den första från denna kund sedan pandemiåren.”

Annual report 2024A · The company itself

“For example, we experienced a loss of $41.8 million in 2023 as a result of the significant devaluation of the Argentine peso in December 2023 as part of economic reforms implemented by the government of Argentina, and we may experience similar losses in the future.”

Annual report 2025A · The company itself

“Consumer Brands Group The Consumer Brands Group manufactures and distributes a broad portfolio of branded and private-label architectural paint, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks and adhesives to retailers, including home centers and hardware stores, dedicated dealers and distributors throughout North America, Latin America and Europe.”

Annual report 2025A · The company itself

“The Consumer Brands Group operated 307 specialty paint stores in Latin America at December 31, 2025. These stores market and sell Sherwin-Williams® and other controlled brand architectural paint and coatings, protective and marine products, OEM product finishes and related products which are branded for the Latin America market. These paint stores are located in Mexico (190), Chile (47), Ecuador (33), Brazil (26) and Uruguay (11).”

Annual report 2025A · The company itself

“In October 2025, we completed our acquisition of Suvinil, a leading provider of architectural paints in Brazil, with annual sales of approximately $525 million.”

Annual report 2025A · The company itself

“Sales outside of the United States make up a significant part of our current business and future strategic plans.”

Annual report 2025A · The company itself

“Punta Norte Premium Outlets ​ Mexico City ​ Fee ​ 50.0 % 2004 ​ 333,000 ​ Adidas, Calvin Klein, CH Carolina Herrera, Coach, Dolce & Gabbana, Nautica, Nike, Salvatore Ferragamo, Zegna ​ 29.”

Annual report unknown yearA · The company itself

“Utdrag nns tillgängliga på sinch.com/resources Americas är Sinchs största rörelsesegment och bidrar med mer än 60 procent till koncernens nettoomsättning och bruttoresultat. Denna region omfattar både Nord- och Latinamerika, där Nordamerika bidrar med cirka 95 procent av segmentets bruttoresultat. USA och Brasilien är de största marknaderna inom detta segment.”

Annual report 2024A · The company itself

“Mellanstora pickuper, SUV:s och crossovers stod för 5 % av volymen 2024. Ford investerade i nya tillverkningsanläggningar för den högvolymsproducerade SinterCast-CGI 3,5-liters V6-dieselmotorn i Latinamerika och Afrika under 2023, avsedd för sammansättningen av Ford Ranger och Volkswagen Amarok inom ett samriskföretag. Med en stark efterfrågan på mellanstora pickuper i dessa regioner och inga utsikter för elektrifiering ser vi en långsiktig efterfrågan väl bortom 2035.”

Annual report 2024A · The company itself

“Salget i Nord- og Sydamerika udgør 16% af det globale salg i 2025”

Annual report 2025A · The company itself

“Within our Latin American operations, we operate twenty cash and carry facilities and four warehouse and storage facilities in Costa Rica and six cash and carry facilities and one warehouse and storage facility in Panama.”

Annual report 2026A · The company itself

“Kehittääkseen operatiivista toimintamalliaan ja käyttöpääoman tarvetta, yhtiö aloitti tehdastuotannon käynnistämisen Meksikossa syksyllä 2025.”

Annual report 2025A · The company itself

“Over UFC's history, we have successfully held events in more than 150 cities internationally, and in 2025 visited Sydney, Australia, Doha, Qatar, Baku, Azerbaijan, Shanghai, China, Riyadh, Saudi Arabia, Abu Dhabi, United Arab Emirates, London, United Kingdom, Los Angeles, California and Las Vegas, Nevada, among other major destinations. During 2025, WWE produced several international events, including PLEs in key markets across Europe and Latin America, in addition to events produced through our partnership with the General Entertainment Authority of the Kingdom of Saudi Arabia.”

Annual report 2025A · The company itself

“(Junto). The Company owns 49.5% of Junto, a market leader in surety coverages in Brazil.”

Annual report 2025A · The company itself

“Försäljningen i Mexiko ökade organiskt med 6 procent jämfört med föregående år.”

Annual report 2024A · The company itself

“För marknader där vi inte har egna sälj- och servicebolag har vi ett nät av distributörer, främst i Asien och Latinamerika.”

Annual report 2024A · The company itself

“Our technology is available in over 70 countries around the world, principally in the United States (“U.S.”) and Canada, Latin America (“LatAm”), Europe (excluding Russia), the Middle East, Africa, and Asia Pacific (“APAC”, excluding China and Southeast Asia).”

Annual report 2025A · The company itself

“In Mexico, the Company has a joint venture partnership with Grupo Axo, whereby the joint venture licenses the Ulta Beauty brand name and operating model from the Company to launch and operate Ulta Beauty-branded stores in Mexico. Grupo Axo is an experienced operator of global brands with substantial expertise in the consumer market in Mexico.”

Annual report 2026A · The company itself

“In 2025, we expanded internationally through our acquisition of Space NK and the establishment of a joint venture in Mexico and a franchise relationship in the Middle East.”

Annual report 2026A · The company itself

“International Package International Package consists of our small package operations in Europe, Middle East and Africa (together "EMEA"), Canada and Latin America (together "Americas") and Asia. We offer a wide selection of guaranteed day and time-definite international transportation services supported by our brokerage capabilities that facilitate cross‑border clearance for international shipments.”

Annual report 2025A · The company itself

“Second, we leverage A2A networks to deliver Visa-branded A2A products, most notably through Tink, our open banking solution in regions, such as Europe and Latin America. Tink enables open banking and data exchange for A2A transactions.”

Annual report 2025A · The company itself

“In Freight, in addition to North America, we are targeting markets that operate significant fleets of locomotives and freight cars, including Australia, Brazil, India, South Africa, Kazakhstan, and other select areas within Europe, Asia and South America.”

Annual report 2025A · The company itself

“We have substantial operations located in emerging markets, and are subject to regulatory, economic, social and political uncertainties in such markets. We have substantial operations located in emerging markets, such as Brazil, India, and Kazakhstan.”

Annual report 2025A · The company itself

“Our strategy to grow our Streaming business globally delivered success in 2025 with HBO Max’s expansion hitting over 100 markets including Latin America, the Caribbean, Europe, Australia, and Asia and the addition of 14.7 million global subscribers to our Streaming products.”

Annual report 2025A · The company itself

“In Latin America, the TNT Sports portfolio includes live broadcasting for UEFA Champions League and UEFA Super Cup in Brazil and Mexico; Premier League, FA Challenge Cup and Community Shield in Mexico; and Campeonato Paulista in Brazil. TNT Sports’ owned-and-operated platforms include Bleacher Report, Eurosport.com, House of Highlights, Golf Digest, and a full suite of digital and social brands.”

Annual report 2025A · The company itself

“We also have multi-year franchise agreements with third parties in Mexico, South Korea, India and the Philippines that operate 90 franchised locations as well as e-commerce websites in certain locations.”

Annual report 2026A · The company itself

“We have unaffiliated franchisees that operate stores in Mexico, South Korea, India and the Philippines, as well as e-commerce websites in certain locations pursuant to franchise agreements. Under these agreements, our franchisees operate stores and/or e-commerce websites that sell goods purchased from us under our brand names.”

Annual report 2026A · The company itself

“Brazil. The Ministry of Agriculture, Livestock and Food Supply (MAPA) is the regulatory body in Brazil that is responsible for the regulation and control of pharmaceuticals, biologicals and medicated feed additives for animal use. MAPA's regulatory activities are conducted through the Secretary of Agricultural Defense and its Livestock Products Inspection Department. In addition, regulatory activities are conducted at a local level through the Federal Agriculture Superintendence.”

Annual report 2025A · The company itself

“We may not be able to realize the expected benefits of our investments in emerging markets and are subject to certain risks due to our presence in emerging markets, including political or economic instability and failure to adequately comply with legal and regulatory requirements. We have been taking steps to increase our presence in emerging markets.”

Annual report 2025A · The company itself

“•International segment revenue was positively impacted by operational changes made in connection with the Expected Fiscal Year Alignment, leading to an approximate 2.5% to 3.5% increase in sales in the International segment in the reported fourth quarter 2025 due to an acceleration of the timing of sales into the reported fourth quarter of 2025, a trend that we do not expect to recur. •Additionally, International segment revenue was unfavorably impacted by foreign exchange which decreased revenue by approximately $36 million, or 1%, primarily driven by the Brazilian real, Argentinian peso, Turkish lira, Mexican peso, Australian dollar and Canadian dollar.”

Annual report 2025A · The company itself