Quincy, MA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") SWAG SWAGW , a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has received a written notification (the "Notification Letter") from the Listing Qualifications staff of The Nasdaq Stock Market LLC ("Nasdaq") as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the "Form 10-Q") in a timely fashion. The Notification Letter advised the Company that it was not in compliance with Nasdaq's continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). Previously, Nasdaq granted the Company an exception until December 16, 2024 to file its delinquent Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the "Initial Delinquent Filing") and Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. As a result, any additional Nasdaq exception will be limited to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or until December 16, 2024. In accordance with the Nasdaq Listing Rules, the Company has until December 6, 2024 to submit to Nasdaq an update to its original plan to regain compliance with Nasdaq Listing Rules. The Company intends to submit the required update to its plan and take the necessary steps to regain compliance with Nasdaq Listing Rules as soon as practicable. No assurance can be given that the Company will be able to regain compliance with the aforementioned listing requirement or maintain compliance with the other continued listing requirements set forth in the Nasdaq Listing Rules. The Notification Letter has no immediate effect on the listing of the Company's common stock or warrants on The Nasdaq Capital Market. About Stran For over 29 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen promotional programs manager of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing, and fulfillment functions. The Company's mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. Additional information about the Company is available at: www.stran.com . Forward Looking Statements This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Company's periodic reports which are filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law. Contacts: Investor Relations Contact: Crescendo Communications, LLC Tel: (212) 671-1021 SWAG@crescendo-ir.com Press Contact: Howie Turkenkopf press@stran.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Global Times: People's Daily article says favorable conditions for China's economic development remain unchanged
What to know about sudden rebel gains in Syria's 13-year war and why it mattersVICTORIA, Seychelles, Dec. 25, 2024 (GLOBE NEWSWIRE) -- We are honored to announce that JOC (Japan Open Chain) has been listed on XT . JOC/USDT trading pair is opened in Main Zone(web3.0). Please take note of the official go-live schedule: About JOC(Japan Open Chain) The Japan Open Chain (JOC) is a blockchain project designed to create an open, decentralized infrastructure to support a wide range of applications across various industries. The platform is focused on providing scalable and secure solutions that empower businesses and individuals, particularly in Japan, to develop and implement decentralized applications (dApps). By leveraging blockchain technology, JOC aims to enhance transparency, reduce reliance on traditional centralized systems, and offer users a secure and efficient environment for transactions and data management. The project is built to handle high transaction volumes quickly, addressing the scalability issues many blockchain networks face today. JOC's primary focus is on the Japanese market, where it seeks to foster blockchain adoption by providing businesses and startups with the tools needed to integrate blockchain into their operations. While the project is rooted in Japan, its open-source nature and emphasis on interoperability mean that it can easily connect with other blockchain ecosystems, enabling seamless collaboration across different platforms. The Japan Open Chain is driven by a community-focused approach, encouraging active participation from developers, businesses, and users to contribute to the platform's growth and evolution. The listing of JOC on XT is a key milestone for the Japan Open Chain project, enhancing its visibility and liquidity. This move provides global access to the project, opening up new opportunities for both institutional and retail investors. It also highlights XT's commitment to supporting innovative blockchain projects and expanding its offerings to meet diverse user needs. Website: https://www.japanopenchain.org/ Blockchain Browser: https://explorer.japanopenchain.org/ Whitepaper: https://www.jbfd.org/en/joc-whitepaper About XT.COM Founded in 2018, XT.COM now serves nearly 8 million registered users, over 1,000,000+ monthly active users, and 40+ million users in the ecosystem. Our platform supports 800+ high-quality tokens and 1000+ trading pairs, offering various trading options such as spot trading, margin trading, and futures trading. As the world's first social-infused digital asset trading platform, XT.COM is dedicated to providing a secure, trusted, and intuitive trading experience. Our mission is to empower users to explore the infinite potential of blockchain technology. Bella Wei [email protected] JOC(Japan Open Chain) [email protected] Disclaimer: This content is provided by XT exchange. The statements, views and opinions expressed in this column are solely those of the content provider.The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5431613-3e2d-434a-91af-23059d24667f
Beyond evangelicals, Trump and his allies courted smaller faith groups, from the Amish to ChabadFollowing their precipitous meeting at the famed Bauhaus school in 1922, artists Josef and Anni Albers, arguably the most enduring couple to emerge from the Bauhaus movement , would chart the rest of their lives as a kind of two-person artistic powerhouse. Despite spending more than half a century together and enjoying flourishing individual careers, though, there were only three occasions on which the Albers’ collaborated artistically: Easter, New Year’s, and Christmas. The Albers had “the utmost respect for one another’s work,” says Nicholas Fox Weber, executive director of the non-profit Josef & Anni Albers Foundation , who was a close personal friend of the couple’s, and wrote the 2020 visual biography Anni & Josef Albers: Equal and Unequal . But the couple, who married in 1925, were content to remain solidly in their own spheres. “She was the weaver and he was the painter, and neither was going to get into the other’s realm,” Weber explains. They would, however, stray from that rule for those three select holidays, during which they worked together to make commemorative art. True to their innovative perspectives, the Albers’ holiday cards aren’t merely simple greetings, but rather uniquely design-centric takes on the holiday tradition. They also provide a rare glimpse into how two of the most influential recent designers enjoyed Christmas as a couple. A BAUHAUS APPROACH TO GREETING CARDS The Foundation’s collection of the Albers’ holiday cards begins in 1934, at the start of a new chapter in the couples’ lives. The year prior, the Bauhaus was forced to close by political pressure from the Nazi party—pressure that also spurred the Albers to relocate to the U.S. Both Josef and Anni took up teaching positions in North Carolina at Black Mountain College, a location that inspired several of the Christmas cards to come. | At first glance, the cards don’t exactly look like traditional Christmas notes (aside from the usual refrain, “Happy Christmas and Happy New Year, Josef and Anni Albers”). Rather, each one is its own exploration in graphic design, featuring details like textile-inspired dot patterns, abstracted letterforms, and hand-altered postcards. The pair’s 1934 Christmas card was one of the first that Josef printed at Black Mountain College. Its simple, all-caps red font reflects a distinctly Bauhaus emphasis on simplicity and legibility over ornamentation, while the composition as a whole embraces the design ideal of balanced asymmetry. Weber once told Dezeen of Josef and Anni’s shared design philosophy, “They were both very interested in form following function. Everything was about process and understanding the materials and technology of putting them together.” In later years, particularly between 1950 and 1960, the cards demonstrate a growing fascination with shape and line, using a minimalist black and white palette as a starting point. In 1951, a partially erased grid suggests the outline of a Christmas tree. The following year, a pattern created solely from white dots evokes a kind of festive textile, reminiscent of some of Anni’s groundbreaking work in the weaving space. A christmas tradition A closer inspection of the cards, Weber says, reveals some clues as to how the Albers spent their Christmases. “There were a lot of things they didn’t do, but in their own simple way, they celebrated Christmas,” he says. “I say their own simple way, because they spent it at home together—not socializing—and listening to Bach’s Goldberg Variations . When you look at the holiday cards, you can really practically imagine the clarity of the Goldberg Variations : a lightness, a certain rhythm.” Beyond the main art displayed on each card, the Albers also paid close attention to each missive’s actual construction. The letters were so well-made, Weber says, that many of the Albers’ friends framed them every year. “The holiday cards relate very closely to the Albers’ very beautiful stationery. We’re talking about the days when a lot was done by letter. Anni and Josef had particularly handsome letterheads—you knew that every detail of the spacing was given great consideration. The cards are in the tradition of the letterheads. The holiday itself was important to both of them; they both had a sense of Christmas tradition,” Weber says. Anni, for one, came from a wealthy background, once sharing with Weber her distinct memories of traveling by carriage to her uncles’ homes, where, alongside her brothers and sisters, she would eat delicacies including beluga caviar, rock lobster, and an ice cream cake. Josef, who grew up in a middle-class household, enjoyed these tales of excess. In 1975, Weber personally purchased the ingredients for Anni and Josef to enjoy a Christmas dinner reminiscent of those luxurious early years. That holiday season was ultimately the last that the two shared, as Josef died the following March. “To this day, at Christmastime, I crave the pure tastes of the Alberses’ last Christmas together and must have one such atavistic meal,” Weber wrote in an essay on the topic for Air Mail last year. “And I listen to Glenn Gould playing that phenomenal music of Bach, aware that in Leipzig, Josef had made wonderful stained-glass windows very near to the church where Bach had long been organ master, and that the sublime intelligence of Bach suited the Alberses perfectly.”
December is one of my favourite times of the year in Pakistan – maybe because of the "improved" in my city (Karachi) or the start of the festive season – I don’t know. But ask anyone and they will tell you that December in Pakistan is quite the experience – that most people look forward to. Allow me to, please, explain. Come December and our patriotic sense is stimulated with the Quaid’s birthday on the 25th of the month – which coincides with Christmas, setting in the holiday spirit and bringing along a pleasant change in people’s outlook. Add Decemberistan to this equation and the experience amps up – quite literally and actually. But it cannot be just either of these – because events and festivals occur throughout the year. No? The thing is, Pakistan (as a nation) tends to be complicated, and "stuff" isn’t always that great – where the country continually faces major domestic policy challenges. They include an unstable majority situation in parliament and government, political unrest, and terrorist attacks. To date, Pakistan is also confronted with a protracted economic and financial crisis, high levels of government debt and inflation rate, a food and energy crisis, the impacts of climate change, and widespread poverty. As if this was not enough, deficits in human rights are also a significant concern in Pakistan – where despite having ratified main international human rights conventions, implementation is often inadequate. Issues including absent freedom of internet/expression/religion / press, terrorism, political/religious extremism, and separatist movements are a large part of our society. Basically, a multi-faceted precarious situation on hand. Celebrating Waheed Murad's Birthday - Pakistan's Very Own Chocolate Hero To combat this negativity, I sat down to count the strengths we have as a nation and its people. Some of what I came up with included intelligence, our spirit of giving, courage and resilience, solid levels of faith, spirituality, and ingenuity and our love for jugaad (loosely translated as "a hack", in English). While this was something I did a few years ago, I do believe that all of these (and so much more) are our innate strengths and can be potential harbingers of a great future – if we try. So, a friend living abroad recently threw me a question – that reminded me of this exercise I had engaged in. Her question: What do you think being Pakistani means? The question was completely out of the syllabus – maybe because it was oh so random, or alternatively because I didn’t have an immediate answer. A myriad of images of some of Pakistan's famous landmarks flew around in my head; from Moola Chatook in Balochistan, Karachi’s Empress Market, Anarkali bazaar's textures in Lahore, Margalla Hills in Islamabad and Shah Rukn-e-Alam's mausoleum in Multan. But my friend’s question went deeper than just physical images and I suddenly found myself trying to explore what the concept of being Pakistani "truly" entails. Dumbstruck, I continued asking myself the same thing over the next few days – on my way to and from work, while watching TV, and even during workouts. I'm sure you get the rift. And I think I might have a few answers. So, what is Pakistan to me? To me, Pakistan is aimlessly roaming around Dehli Gate in Lahore, and wondering if your next stop should be Anarkali Bazaar or the more happening Liberty market? Maybe take a chinchi auto or a more sophisticated InDrive, Yango, or Careem? But none of those would compare to that rickshaw driver who refused to take money from me when he found out that I was a visitor to his city. Pakistan is standing on the side of I.I. Chundrigar Road in Karachi eating makai and wondering how to cross that otherwise beast of a road. Pakistan is also that friendly banter of the infamous hijra’s (eunuchs) of 3 Talwar, who – in pursuit of some kind of alms, pray I am blessed with a baby boy; for reference, I am not married – which makes their prayer so much more endearing. And Pakistan is that chai at the backside of Lahore's food street and roadside roasted shakarkandi in Karachi. Shia Ismaili Community Comes Together To Celebrate Prince Karim Aga Khan's 88th Birthday All of this was and will always and entirely be me – but somehow still did not align with what my friend was pointing to: being Pakistani from a purely logical standpoint. Talk about a complete shift in perspective. Because in my mind, being Pakistani covers the softer, intangible sentiment that is attached to what I just mentioned. But if we look at it from an entirely logical perspective, then being Pakistani (again, in my mind) is most probably a three-dimensional thing: ideological, cultural, and emotional. The third facet is what I was looking at – but taking in different views, I realised that there is so much more to truly being Pakistani. From Karachi's bustling streets in Southern Pakistan to catching up with our Zinda Dilan-e-Lahore brethren in Punjab, to the serene valleys of Swat in Northern Pakistan, the country's cultural essence is deeply and very heavily rooted in its history, geography, and people Ideologically, ‘Pakistanis’ hail from a nation, that was borne of sacrifice and to the tune of the emancipation of a way of life. Yes, Pakistan is the only country to have been created in the name of religion; but it was to be a haven for the Muslim population in the larger Indian Subcontinent, that they could call their own. The country was the result of much suffering and a culmination of hope of building a nation based on unity, faith, and discipline and on tolerance and acceptance of religious, regional, and ethnic differences. All of this would be far (if not completely) removed from the persecution that led to the revolution itself – because the creation of Pakistan was premised on the sum of its people being bigger than the individuals themselves. The Pakistani flag itself symbolises what the country was supposed to be: a progressive nation based on the ideals of Islam and committed to the importance of everyone within, minorities and the majority included. From a cultural stance, Pakistan is home to a rich and vibrant culture that reflects centuries of history, diverse traditions, and the profound influence of various civilisations. From Karachi's bustling streets in Southern Pakistan to catching up with our Zinda Dilan-e-Lahore brethren in Punjab, to the serene valleys of Swat in Northern Pakistan, the country's cultural essence is deeply and very heavily rooted in its history, geography, and people. In this sense, then, being Pakistani should mean that the sum of the country's population should supersede individual groups therein – where everyone would have an equal chance to make a prosperous life for themselves and collectively for the country. Efficient Banking Sector Pivotal For Pakistan’s Growth: CERP, Alchemy Technologies And Pakistan Banks’ Association Let's compare "this" to some of the world's most successful corporations – with respect to diversity (in terms of gender, age, experience, and background). These companies will always try to ensure workplace diversity – in pursuit of new perspectives, creativity, economies of scale, entrepreneurship, and adaptability: all intended to align with company objectives. Similarly, a shared sense of ‘Pakistaniyat’ can potentially trigger an inter-group exchange of ideas – leading to enhanced understanding, acceptance, and exposure. In more senses than one, I often feel that being Pakistani is a hundred percent synonymous with being emotional. Call it being passionate or intense or whatever, this is something that Pakistanis generally are: always were and will probably always be. Maybe this is what connects us to our roots, or our way of staying grounded; alternatively, this could be us trying to establish common grounds with our peers – premising entirely on patriotism/nationalism. Over the years, these grounds have been about food determining everything (birthdays, dholkis , mehndis , weddings, grand openings, anniversaries, graduations, and even funerals), our firm belief in "hojaiga yaar" (detect the optimism), our very epic (read: chuss) sense of humour and our biggest fear of “log kia kahainge!". Add for the extremely opinionated nation that Pakistan is – even prime-time TV can very quickly devolve into loud and lengthy discourses on politics, sports, music, faith, world events, and even the legitimacy of the 1969 moon landing. And all of this is done with an unwavering passion. At the very basic core, though, the sentiment is all about any and everything associated with "being Pakistani": tangible, intangible, or otherwise. This can be truck art, a cold glass of Pakola, listening to Mujhse Pehli Si Muhabbat by Noor Jehan in a rickshaw, tending to sacrificial animals around Eid-ul-Azha, Wazir Khan Masjid (Dehli Gate Lahore), the greenery of Punjab, the rawness of Baluchistan, Makli, Ziarat, Keenjhar Lake, and so much more. Pakistan's Missing Left Wing These are but some of the images that come to my mind when I try to define being Pakistani. There are countless others, and for each individual within this country, those moments and feelings will be unique and different. Perhaps, then, the most important and only thing to remember is that great nations are not born, but made: and made they are, on the strength of their people. This makes me wonder if we should ask ourselves if we can truly be who we were meant to be: a diverse group of people working "together" for their own and their country’s prosperity. And maybe this is why Quaid-e-Azam said during a Civic Address at Quetta Municipality on June 15, 1948: “We are now all Pakistanis, not Balochis, Pathans, Sindhis, Bengalis, Punjabis, and so on, and as Pakistanis, we must feel, behave and act, and we should be proud to be known as Pakistanis and nothing else.”OTTAWA — Pat King, one of the most prominent figures of the 2022 "Freedom Convoy" in Ottawa, has been found guilty on five counts including mischief and disobeying a court order. A judge in an Ottawa courtroom Friday said the Crown proved beyond a reasonable doubt that King was guilty on one count each of mischief, counselling others to commit mischief and counselling others to obstruct police. He was also found guilty of two counts of disobeying a court order. The Alberta resident was found not guilty on three counts of intimidation and one count of obstructing police himself. King could be facing up to 10 years in prison. A sentencing date has not been set yet, and the defence still needs to make a decision on whether or not to file an appeal. In January 2022 the convoy attracted thousands of demonstrators to Parliament Hill in protest against public-health restrictions, COVID-19 vaccine mandates and the federal government. The event gridlocked downtown streets around Parliament Hill, with area residents complaining about the fumes from diesel engines running non-stop, and unrelenting noise from constant honking of horns and music parties. The federal Liberal government ultimately invoked the Emergencies Act to try and bring an end to the protests, which had expanded to also block several border crossings into the United States. Ottawa Police brought in hundreds of officers from police forces across Canada to force the protest to an end. King's defence argued that King was peacefully protesting during the three-week demonstration and was not a leader of it. But the Crown alleged he was a protest leader who was instrumental to the disruption the protest caused the city and people who lived and worked nearby. The Crown alleged King co-ordinated the honking, ordering protestors to lay on the horn every 30 minutes for 10 minutes at a time and told people to "hold the line" when he was aware policy and the city had asked the protesters to leave. The Crown's case relied mainly on King's own videos, which he posted to social media throughout the protest to document the demonstration and communicate with protesters. The court proceedings paused for about 10 minutes when King requested a short "health break" after the first verdicts on the mischief charges were read. Superior Court Justice Charles Hackland described the honking as "malicious conduct" intended to disrupt residents, workers, businesses and others from lawfully enjoying downtown Ottawa. Hackland also said that the videos show King was seen in and accepted the leadership role. He pointed to a quote from King finding it "hilarious" that residents could not sleep for 10 days as "gleefully" aiding and abetting mischief. This evidence also played a role in determining King's guilt in disobeying a court order and counselling others to do the same. These charges relate to the original Feb. 7, 2022 injunction against using air and train horns in downtown Ottawa, launched by residents. The city successfully filed a similar injunction days later. As for counselling others to obstruct police, Hackland found King's call to "hold the line" was telling people not to move from the protest site despite police orders. The judge said that phrase can be seen as a greeting between supporters of the convoy protest, but said there was no other logical interpretation in the context of King's videos. In the days before a multi-day police removal operation began, King called on people to link arms and sit down with their backs to police if officers tried to move them. On the intimidation charges, Hackland said that a consistent theme of King's videos were calls to remain peaceful and non-violent. He said that the target was always the federal government and COVID-19 policies, and specific individuals were not targeted by or through King's actions. As for an intimidation charge related to blocking highways, Hackland said that finding guilt in this instance would be an "overly broad" interpretation of the Criminal Code as the blockade was done as part of a political protest, which is protected by the Charter of Rights and Freedoms. His trial was heard over several weeks between May and July. This story by The Canadian Press was first published Nov. 22, 2024. David Baxter, The Canadian Press
Denmark increased defense budget after Trump's Greenland plan — 'No coincidence'
Luxembourg – 11 December 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial 1 contract for a subsea tieback development in the US Gulf of Mexico. Subsea7's scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment, including structures, umbilicals, production risers, and flowlines. Project management and engineering work will start immediately at Subsea7's office in Houston, Texas, with offshore activities expected to begin in 2026. Craig Broussard, Senior Vice President of Subsea7 Gulf of Mexico, said, “ We are proud to be part of this high-pressure deepwater subsea tieback development. This project builds on our strong track record of successfully delivering oil and gas projects in the deepwater Gulf of Mexico .” Subsea7 defines a substantial contract as being between $150 million and $300 million. ******************************************************************************* Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs. Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62. ******************************************************************************* Contact for investment community enquiries: Katherine Tonks Investor Relations Director Tel +44 20 8210 5568 ir@subsea7.com Contact for media enquiries: Ashley Shearer Communications Manager Tel +1-713-300-6792 ashley.shearer@subsea7.com Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 11 December 2024 at 23:25 CET. Attachment SUBC Gulf of Mexico Dec 2024
