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How to Watch the NBA Today, December 7Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Match To Contact Him Directly To Discuss Their Options. If you suffered losses exceeding $50,000 in Match between May 2, 2023 and November 6, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . [You may also click here for additional information] NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Match Group, Inc. (“Match” or the “Company”) (NASDAQ: MTCH) and reminds investors of the January 24, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com . As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder’s monthly active user count would not recover by the time the Company reported its financial results for the third quarter of 2024; and (2) as a result, defendants’ statements about Match Group’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On November 7, 2024, Investopedia published an article entitled “Match Group Stock Slips as Fourth Quarter Outlook Disappoints.” This article said that “[s]hares of online dating giant Match Group tumbled Thursday morning despite a third-quarter earnings beat released after the bell Wednesday. [. . .] Match said Tinder Direct revenue came in below its own expectations, as the app’s monthly active users (MAUs) declined 9% from the same time last year and its revenue per payer (RPP) grew less than expected. Some new features tested with Tinder users in the quarter negatively impacted subscription revenue, which the company said will likely also have an impact on fourth quarter revenue.” On this news, the price of Match Group stock fell by 17.8% to close at $31.11 per share on November 7, 2024. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Match’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Match class action, go to www.faruqilaw.com/MTCH or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . Follow us for updates on LinkedIn , on X , or on Facebook . Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/807ffe71-382e-48fd-91d1-846d96405715

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By Times Chronicle Staff Osoyoos Fire Rescue (OFR) responded to a structure fire in the industrial area on Monday Dec. 2, rolling four apparatus and 16 firefighters to the emergency call which was received at 10:52 p.m. “Upon the arrival of the Command Vehicle, we discovered a two story, residential/commercial structure with smoke and fire showing,” the OFR said in a social media post. “On arrival of the first Engine, Firefighters stretched lines to contain the fire to the room of origin. Crews were able to make their way through the structure to extinguish the blaze and conduct searches.” Once the scene was cleared, crews and equipment were back in the firehall to resume service by 3:30 a.m.

Michigan GOP lawmaker insists banning gay marriage is ‘not remotely controversial’. Polls say otherwise

Murad advises IBA graduates to lead with empathy, integrity, social responsibility Sindh Chief minister Syed Murad Ali Shah, as patron of the IBA Karachi, presided over its convocation ceremony on Saturday, celebrating the achievements of the Class of 2024. Addressing the gathering, he said true leadership extends beyond personal success. Shah congratulated the graduating class and commended their hard work, resilience, and dedication. “Today, we celebrate your academic accomplishments and the perseverance that brought you here and this moment is a testament to your talent and the support of your families,” he stated. The CM also highlighted a historic milestone that the IBA Karachi would achieve next year, marking 70 years of excellence in education, leadership, and innovation. “Seventy years of nurturing talent and shaping leaders is a legacy few institutions can claim,” he said and added that this milestone reflected the dedication and vision of the IBA’s faculty, administration, and students. Moreover, the commitment of the IBA Karachi to academic excellence was a focal point of the event. With 67 per cent of its faculty holding PhD degrees, the institute continues to foster a rigorous academic environment and produce graduates prepared to navigate the challenges of an evolving global landscape. He emphasised the critical role of institutions like the IBA Karachi in shaping the nation’s future. “As graduates, you must embrace advancements in artificial intelligence, data science, and digital transformation,” he said and added that Pakistan’s vibrant youth and its growing technological ecosystem hold immense potential to contribute meaningfully on the global stage. The influential alumni network of the IBA Karachi, consisting of over 18,000 individuals, was also recognised as a significant asset. Alumni have made notable contributions across various sectors and serve as role models for the graduating class. In his closing remarks, CM Shah encouraged graduates to lead with empathy, integrity, and social responsibility. “True leadership extends beyond personal success. The knowledge and skills you have gained here should be used to create positive change and uphold the highest standards of integrity,” he said. The convocation marked a proud moment for graduates and their families as they prepared to embark on new journeys. The event also set the stage for IBA Karachi’s upcoming 70th-anniversary celebrations, reflecting on its rich legacy and continued impact on education and leadership in Pakistan. Executive Director IBA Dr Akbar Zaidi thanked the CM for his valuable time in attending the event. Clad in a convocation robe, the chief minister presented medals and degrees to the position holders. He applauded the graduating students on achieving this remarkable milestone which is a testament to their dedication and perseverance. Dr Zaidi stated, “Today is particularly special as we celebrate the largest graduating class in IBA’s history.” He added, “This day also marks the beginning of a momentous year as we look forward to celebrating IBA’s 70th Anniversary—a testament to our legacy of excellence and transformation.” At the convocation held at the main campus, 1,353 graduates were conferred degrees in several disciplines. The graduating batch included 990 graduates from six undergraduate programmes, 362 graduates from 11 postgraduate programmes, and one PhD graduate. The convocation ceremony featured the position holders in various degree programmes, who were awarded medals, shields, and merit certificates. Rowing Champion, Syeda Manahil Hussain (Class of 2024), was awarded the 'Excellence in Sports’ Award.

West Ham star Michail Antonio was trapped in his Ferrari for 45 minutes after it smashed into a tree - as injuries from 'single vehicle crash' are 'revealed' West Ham have issued a statement confirming Antonio's car crash Photos have since emerged showing damage to a Ferrari after the crash LISTEN NOW to It's All Kicking Off! : Why can't Chelsea win the league? They made seven changes and still scored five. Do you think Liverpool could do that? By JAMES SHARPE and MICHAEL PAVITT and MILO POPE and SHEKHAR BHATIA Published: 19:42, 7 December 2024 | Updated: 20:07, 7 December 2024 e-mail 15 shares 72 View comments West Ham star Michail Antonio was trapped inside his Ferrari for 45 minutes after crashing it into a tree. Fire fighters fought to rescue the West Ham striker by using cutting equipment after the horrific accident. Fire crews were called to High Road in Epping Forest, Essex, at 1.02pm today where they found the 34-year-old trapped inside his car. He was eventually cut free at 1.45pm by a team of rescuers and taken to hospital. Sources added that he may have suffered injuries to both legs and damaged a femur and he is being examined by doctors in a central London Hospital. Photos taken at the scene of the crash show extensive damage to the right hand side of a grey Ferrari. Shortly after the images began to circulate on social media, West Ham confirmed the Jamaican international had been involved in a crash. In a recent statement, the club confirmed that the player is 'conscious' after being taken to hospital. Photos have emerged of a smashed Ferrari, reportedly showing the aftermath of the crash West Ham have confirmed forward Michail Antonio has been involved in a car accident Another image appears to show the Premier League star's smashed up vehicle A full statement from the club reads: ' West Ham United can confirm that Michail Antonio is in a stable condition following a road traffic accident this afternoon in the Essex area. 'Michail is conscious and communicating and is currently under close supervision at a central London hospital. 'At this difficult time, we kindly ask everyone to respect the privacy of Michail and his family. 'The Club will make no further comment this evening, but will issue a further update in due course.' Essex Police is now appealing for dash cam footage as officers investigate the serious collision in Epping on Coppice Row which took place shortly after 12.50pm. It is believed to be a single vehicle collision and the Ferrari has since been recovered and is no longer on the scene. Essex Police said that an investigation into the crash will now be carried out by the Roads Policing unit. The Hammers were not in action on Saturday and host Wolves on Monday evening. The Premier League player had previously been involved in a car crash on Christmas Day back in 2019. The footballer had crashed his £210,000 Lamborghini Huracan into a bin shed of a family home in Balham, south London while dressed as a snowman after losing control of his car. Antonio previously opened up about the financial consequences of the crash. 'I was struggling to get insurance this year,' he said three years ago. 'No-one wanted to insure me! 'I had to go to a specialist insurance company, so my insurance this year is a madness! I've got a G63 now. They were offering me £10,000 for an [Audi] A3 to insure, or get a G63 and pay double the price but get to drive a G63 instead of an A3. 'I'd rather pay £20,000 and drive a G63 rather than pay £10,000 and drive an A3. 'It was Christmas Day. Still to this day it has hurt me. I miss that car. Basically, I was driving but it was a slippery road. 'In the car it corners nicely and holds the road, so I was going 30-35mph on a 30mph road. As it holds corners I think I don't need to break, I'm just going to go round the corner like I do all the time. On Christmas Day 2019, Michail Antonio crashed his car into the garden of a house in London Antonio is seen climbing out of his £210,000 Lamborghini after crashing into a front garden Antonio was dressed as a snowman following club training in the morning of that day 'But as I go round the corner, it skids. So as it skids, I s*** myself and I slam on the brakes - the worst thing you could do on ice as you just speed up when you're meant to just go with it kind of thing. 'So I slam on the brakes, skid and go up on the curb - but I don't really remember it, everything just happened so fast. 'Then smoke comes out of the front of the car, and the engine is in the back so I'm thinking 'the car is gonna blow up!', even though it's just the airbags. 'So I'm having to jump out of the passenger side of the tiny car. It's a madness. 'And the thing is, I was in a snowman costume as well. I don't get why I didn't take it off in there, sort it out.' Antonio has been an ever present in West Ham's Premier League team so far this season. The 34-year-old has made 15 appearances in all competitions for West Ham during the campaign, scoring once. Antonio was a key member of the West Ham side to win the 2022 Europa Conference League The forward began representing Jamaica at international level back in 2021 Antonio is West Ham's all-time Premier League top goal scorer having netted 68 times in the top flight. The forward had joined the club in 2015 from Nottingham Forest and was part of the side to win the UEFA Conference League in 2017. He was also named as the club's Player of the Year in 2017. Antonio, a father of four, earlier this year revealed he was undergoing therapy after falling out of love with football to the extent that he had once hoped that he would be sidelined with injury. The 34-year-old increasingly felt a strain on his mental health prompted by his divorce from ex-wife. 'I was going through my divorce and stuff, and I honestly couldn't get my head around it,' Antonio shared on 'After we won, the whole team went out, the gaffer (David Moyes) went out, got steaming, a couple of boys didn't sleep for two days, just got drunk for two days. 'I was asleep on the coach and went back to the hotel. I was just mentally drained because of everything that was going on outside of my football and then I went back to the hotel and went to sleep while everyone was out partying.' Antonio is West Ham's all-time top goalscorer in the Premier League having netted 68 times Antonio joined West Ham from Nottingham Forest (pictured centre, in 2014) nine years ago 'It wasn't until probably December where I was in a better place where I was like "Oh my God, I've won a European championship".' The forward noted during one game in December 2022 that he could not stop thinking 'I'm not enjoying football.' 'During the game, I was like, 'I'm really not enjoying this'. I just felt quite negative. I'm a very positive person myself. 'I didn't score from December until I think it was March, April time. And I just felt run-down. And then I went away with Jamaica because I was enjoying football with Jamaica for some strange reason. But I actually prayed for an injury. 'I was like, "I just want to get injured, I want some time off". 'So, it's all those things that spiral through your mind. You're thinking, "Is this the end for me? Is this my football career over?"' 'I started therapy because I was really struggling. And how I grew up, it was never a thing. I thought therapy was for crazy people. But therapy changed my life. At first it was awkward, I'm not going to lie. You're sat in the room, someone was there and goes, "How are you?" 'And your natural response is "Fine". So, he's like, 'So why are you here?' I was like, "To be honest, like, football, I'm struggling with football, I split up with my missus".' West Ham United Michail Antonio London Share or comment on this article: West Ham star Michail Antonio was trapped in his Ferrari for 45 minutes after it smashed into a tree - as injuries from 'single vehicle crash' are 'revealed' e-mail 15 shares Add comment

Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil

Record Revenues as Global Logistics Network Expands WATERLOO, Ontario and ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 third quarter ( Q3FY25 ). All financial results referenced are in United States ( US ) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles ( GAAP ). “Our business has grown organically while we've added complementary solutions to our Global Logistics Network by way of acquisition,” said Edward J. Ryan, Descartes’ CEO. “We listen to our customers about where best to invest to help them meet the many logistics and supply chain challenges they're facing, which contributed to us completing two acquisitions this past quarter. The global trade landscape remains highly uncertain and complex for our customers, especially with potential upcoming changes to tariffs and sanctions and the resulting impact on trade. As always, our goal is to help our customers manage this complexity so that they can continue to focus on their core businesses.” Q3FY25 Financial Results As described in more detail below, key financial highlights for Descartes’ Q3FY25 included: Revenues of $168.8 million, up 17% from $144.7 million in the third quarter of fiscal 2024 ( Q3FY24 ) and up 3% from $163.4 million in the previous quarter ( Q2FY25 ); Revenues were comprised of services revenues of $149.7 million (89% of total revenues), professional services and other revenues of $15.6 million (9% of total revenues) and license revenues of $3.5 million (2% of total revenues). Services revenues were up 15% from $130.4 million in Q3FY24 and up 2% from $146.2 million in Q2FY25; Cash provided by operating activities of $60.1 million, up 7% from $56.1 million in Q3FY24 and up 73% from $34.7 million in Q2FY25. Cash provided by operating activities was negatively impacted in Q2FY25 by the payment of $25.0 million in contingent acquisition consideration for previously completed deals, which was not accrued for at the time of acquisition; Income from operations of $45.8 million, up 41% from $32.4 million in Q3FY24 and down from $45.9 million in Q2FY25; Net income of $36.6 million, up 38% from $26.6 million in Q3FY24 and up 5% from $34.7 million in Q2FY25. Net income as a percentage of revenue was 22%, compared to 18% in Q3FY24 and 21% in Q2FY25; Earnings per share on a diluted basis of $0.42, up 35% from $0.31 in Q3FY24 and up 5% from $0.40 in Q2FY25, respectively; and Adjusted EBITDA of $72.1 million, up 14% from $63.5 million in Q3FY24 and up 2% from $70.6 million in Q2FY25. Adjusted EBITDA as a percentage of revenues was 43%, compared to 44% and 43% in Q3FY24 and Q2FY25, respectively. Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures provided as a complement to financial results presented in accordance with GAAP. We define Adjusted EBITDA as earnings before interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition-related expenses, and contingent consideration incurred due to better-than-expected performance from acquisitions). These items are considered by management to be outside Descartes' ongoing operational results. We define Adjusted EBITDA as a percentage of revenues as the quotient, expressed as a percentage, from dividing Adjusted EBITDA for a period by revenues for the corresponding period. A reconciliation of Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues to net income determined in accordance with GAAP is provided later in this release. The following table summarizes Descartes' results in the categories specified below over the past 5 fiscal quarters (unaudited; dollar amounts, other than per share amounts, in millions): Year-to-Date Financial Results As described in more detail below, key financial highlights for Descartes’ nine-month period ended October 31, 2024 ( 9MFY25 ) included: Revenues of $483.5 million, up 14% from $424.7 million in the same period a year ago ( 9MFY24 ); Revenues were comprised of services revenues of $433.7 million (90% of total revenues), professional services and other revenues of $44.4 million (9% of total revenues) and license revenues of $5.4 million (1% of total revenues). Services revenues were up 13% from $385.3 million in 9MFY24; Cash provided by operating activities of $158.5 million, up 1% from $156.9 million in 9MFY24. Cash provided by operating activities was negatively impacted in 9MFY25 by the payment of $25.0 million in contingent acquisition consideration for previously completed deals, which was not accrued for at the time of acquisition; Income from operations of $134.0 million, up 27% from $105.8 million in 9MFY24; Net income of $105.9 million, up 26% from $84.1 million in 9MFY24. Net income as a percentage of revenues was 22%, compared to 20% in 9MFY24; Earnings per share on a diluted basis of $1.21, up 25% from $0.97 in 9MFY24; and Adjusted EBITDA of $209.7 million, up 15% from $181.7 million in 9MFY24. Adjusted EBITDA as a percentage of revenues was 43%, consistent with 9MFY24. The following table summarizes Descartes’ results in the categories specified below over 9MFY25 and 9MFY24 (unaudited, dollar amounts in millions): Cash Position At October 31, 2024, Descartes had $181.3 million in cash. Cash decreased by $71.4 million in Q3FY25 and $139.7 million in 9MFY25. The table set forth below provides a summary of cash flows for Q3FY25 and 9MFY25 in millions of dollars: Acquisition of MyCarrierPortal On September 17, 2024, Descartes acquired all of the shares of Assure Assist, Inc., doing business as MyCarrierPortal (“MCP”), a leading provider of carrier onboarding and risk monitoring solutions for the trucking industry. The purchase price for the acquisition was approximately $22.5 million, net of cash acquired, which was funded from cash on hand, plus potential performance-based consideration of up to $6.0 million based on MCP achieving revenue-based targets over the first two years post-acquisition. Acquisition of Sellercloud On October 11, 2024, Descartes acquired all of the shares of Sellercloud LLC and certain assets of Sellercloud Europe Ltd. (collectively referred to as “Sellercloud”), a leading provider of omnichannel ecommerce solutions. The purchase price for the acquisition was approximately $110.2 million, net of cash acquired, which was funded from cash on hand, plus potential performance-based consideration of up to $20.0 million based on Sellercloud achieving revenue-based targets over the first two years post-acquisition. Conference Call Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Tuesday, December 3, 2024. Designated numbers are +1 289 514 5100 and +1 800 717 1738 for Toll-Free in North America, using conference ID 07584. The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast login is required approximately 10 minutes beforehand. Replays of the conference call will be available until December 10, 2024, by dialing +1 289 819 1325 or Toll-Free for North America using +1 888 660 6264 with Playback Passcode: 07584#. An archived replay of the webcast will be available at www.descartes.com/descartes/investor-relations. About Descartes Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com , and connect with us on LinkedIn and X (Twitter ) . Descartes Investor Contact Laurie McCauley (519) 746-2969 investor@descartes.com Cautionary Statement Regarding Forward-Looking Statements This release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relates to Descartes' expectations concerning future revenues and earnings, and our projections for any future reductions in expenses or growth in margins and generation of cash; our assessment of the potential impact of geopolitical events, such as the ongoing conflict between Russia and Ukraine (the “Russia-Ukraine Conflict”), and between Israel and Hamas (“Israel-Hamas Conflict”), or other potentially catastrophic events, on our business, results of operations and financial condition; continued growth and acquisitions including our assessment of any increased opportunity for our products and services as a result of trends in the logistics and supply chain industries; rate of profitable growth and Adjusted EBITDA margin operating range; demand for Descartes' solutions; growth of Descartes' Global Logistics Network (“GLN”); customer buying patterns; customer expectations of Descartes; development of the GLN and the benefits thereof to customers; and other matters. These forward-looking statements are based on certain assumptions including the following: global shipment volumes continuing at levels generally consistent with those experienced historically; the Russia-Ukraine Conflict and Israel-Hamas Conflict not having a material negative impact on shipment volumes or on the demand for the products and services of Descartes by its customers and the ability of those customers to continue to pay for those products and services; countries continuing to implement and enforce existing and additional customs and security regulations relating to the provision of electronic information for imports and exports; countries continuing to implement and enforce existing and additional trade restrictions and sanctioned party lists with respect to doing business with certain countries, organizations, entities and individuals; Descartes' continued operation of a secure and reliable business network; the stability of general economic and market conditions, currency exchange rates, and interest rates; equity and debt markets continuing to provide Descartes with access to capital; Descartes' continued ability to identify and source attractive and executable business combination opportunities; Descartes' ability to develop solutions that keep pace with the continuing changes in technology, and our continued compliance with third party intellectual property rights. These assumptions may prove to be inaccurate. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Descartes, or developments in Descartes' business or industry, to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, Descartes' ability to successfully identify and execute on acquisitions and to integrate acquired businesses and assets, and to predict expenses associated with and revenues from acquisitions; the impact of network failures, information security breaches or other cyber-security threats; disruptions in the movement of freight and a decline in shipment volumes including as a result of contagious illness outbreaks; a deterioration of general economic conditions or instability in the financial markets accompanied by a decrease in spending by our customers; the ability to attract and retain key personnel and the ability to manage the departure of key personnel and the transition of our executive management team; changes in trade or transportation regulations that currently require customers to use services such as those offered by Descartes; changes in customer behaviour and expectations; Descartes’ ability to successfully design and develop enhancements to our products and solutions; departures of key customers; the impact of foreign currency exchange rates; Descartes' ability to retain or obtain sufficient capital in addition to its debt facility to execute on its business strategy, including its acquisition strategy; disruptions in the movement of freight; the potential for future goodwill or intangible asset impairment as a result of other-than-temporary decreases in Descartes' market capitalization; and other factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada, including Descartes' most recently filed Management's Discussion and Analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. Reconciliation of Non-GAAP Financial Measures - Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues We prepare and release quarterly unaudited and annual audited financial statements prepared in accordance with GAAP. We also disclose and discuss certain non-GAAP financial information, used to evaluate our performance, in this and other earnings releases and investor conference calls as a complement to results provided in accordance with GAAP. We believe that current shareholders and potential investors in our company use non-GAAP financial measures, such as Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues, in making investment decisions about our company and measuring our operational results. The term “Adjusted EBITDA” refers to a financial measure that we define as earnings before certain charges that management considers to be non-operating expenses and which consist of interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition-related expenses, and contingent consideration incurred due to better-than-expected performance from acquisitions). Adjusted EBITDA as a percentage of revenues divides Adjusted EBITDA for a period by the revenues for the corresponding period and expresses the quotient as a percentage. Management considers these non-operating expenses to be outside the scope of Descartes’ ongoing operations and the related expenses are not used by management to measure operations. Accordingly, these expenses are excluded from Adjusted EBITDA, which we reference to both measure our operations and as a basis of comparison of our operations from period-to-period. Management believes that investors and financial analysts measure our business on the same basis, and we are providing the Adjusted EBITDA financial metric to assist in this evaluation and to provide a higher level of transparency into how we measure our own business. However, Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures and may not be comparable to similarly titled measures reported by other companies. Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues should not be construed as a substitute for net income determined in accordance with GAAP or other non-GAAP measures that may be used by other companies, such as EBITDA. The use of Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues does have limitations. In particular, we have completed seven acquisitions since the beginning of fiscal 2024 and may complete additional acquisitions in the future that will result in acquisition-related expenses and restructuring charges. As these acquisition-related expenses and restructuring charges may continue as we pursue our consolidation strategy, some investors may consider these charges and expenses as a recurring part of operations rather than expenses that are not part of operations. The table below reconciles Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues to net income reported in our unaudited Consolidated Statements of Operations for Q3FY25, Q2FY25, Q1FY25, Q4FY24, and Q3FY24, which we believe is the most directly comparable GAAP measure. The table below reconciles Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues to net income reported in our unaudited Consolidated Statements of Operations for 9MFY25 and 9MFY24, which we believe is the most directly comparable GAAP measure. The Descartes Systems Group Inc. Condensed Consolidated Balance Sheets (US dollars in thousands; US GAAP; Unaudited) The Descartes Systems Group Inc. Consolidated Statements of Operations (US dollars in thousands, except per share and weighted average share amounts; US GAAP; Unaudited) The Descartes Systems Group Inc. Condensed Consolidated Statements of Cash Flows (US dollars in thousands; US GAAP; Unaudited)

Magnolia Bancorp, Inc. Announces Member Approval of Plan of Conversion; Conversion Expected to ...Correction: Mattr Corp. Announces Pricing of Debt Subscription Receipts

In a rare coordinated response to Washington, Chinese industry associations told Chinese companies on Dec. 3 that U.S. chips are “no longer safe” to buy. The four Chinese industry associations represent approximately 6,400 companies across the country’s largest industries, which include telecommunications, digital technology, automotive, and semiconductor sectors. The Internet Society of China has urged companies to expand cooperation with chip firms from other countries and prioritize using Chinese-made chips, stating that U.S. export controls have caused “substantial harm” to the Chinese internet industry. The China Association of Communication Enterprises stated that it no longer viewed U.S. chip products as safe or reliable and that Beijing should investigate how to secure the country’s critical information infrastructure and supply chain. Despite the export controls, Chinese state-backed chip companies used intermediaries and loopholes to continue obtaining technology, according to the U.S. Commerce Department, leading the United States to tighten restrictions in 2023 and 2024. China is currently a major buyer and seller of larger chips. Many foreign chipmakers have plants in China, and Chinese consumer goods manufacturers need large quantities of chips. U.S. Commerce Secretary Gina Raimondo said earlier this year that some 60 percent of all legacy chips will come from China over the next few years. While foreign chipmakers have noted to investors that they are preparing for further restrictions on selling to China, many said that China remains a key market for legacy chips and that they expected it to remain one for years to come despite further export controls related to national security. “But it seems pretty clear that now the gloves are off,” said Tom Nunlist, associate director at research firm Trivium China. The new restriction covers gallium, germanium, antimony, super-hard materials, and graphite. Gallium and germanium are vital for semiconductor manufacturing, and China remains the world’s leading producer of both minerals. In recent years, Western nations have sought to lessen their dependency on China for critical minerals, which are essential for technology and military development. The CCP has a history of using China’s position in the supply chain as leverage for international negotiations.