AVATR VISION XPECTRA Makes Global Debut, AVATR Original Design Aesthetics Captivate Munich

September 9, 2025

Source: Media Outreach

MUNICH, GERMANY – Media OutReach Newswire – 8 September 2025 – AVATR Technology hosted the “AVATR Brand Day: A Brilliant New Horizon” at UTOPIA München and unveiled the world’s first emotional intelligence (EI) concept car, AVATR VISION XPECTRA. The event also featured the limited-edition AVATR 012, co-created with Kim Jones, as well as the AVATR 11 Royal Theatre Edition and the AVATR 07 and 06, collectively showcasing the brand’s latest advances in original design and intelligent technology.

The world’s first Emotive Intelligent (EI) vision car, AVATR VISION XPECTRA , the limited-edition AVATR 012 co-created with Kim Jones, the exclusive custom AVATR 11 Royal Edition, the Urban Luxury SUV AVATR 07, and the Luxury Sports Sedan AVATR 06 picture designed by AVATR

The design of AVATR VISION XPECTRA draws inspiration from the “Force of Natural Energy.” Its exterior is defined by clear, powerful lines that express composure and tension, while the interior blends premium materials with cutting-edge technology to create an intelligent, personalized immersive space. The vehicle is not merely a means of transportation; it is positioned as an emotional companion.

At the core of its intelligent interaction system, AVATR VISION XPECTRA features “The Vortex,” which intuitively discerns user needs and responds to emotions through interactions using light, motion, and intuitive cues. The concept car also features “Smart Light Key” technology, integrating touch and gesture recognition, enabling users to seamlessly switch between advanced driver-assistance and fully autonomous modes.

The world’s first Emotive Intelligent (EI) vision car, AVATR VISION XPECTRA picture designed by AVATR

Nader Faghihzadeh, Chief Design Officer of AVATR, explained: “AVATR VISION XPECTRA is an Emotional Intelligence (EI) companion shaped by energy and connected through emotion. Here, every journey becomes a vivid declaration of ‘Emotional New Luxury’.”

AVATR’s Global Design Center in Munich crafted AVATR VISION XPECTRA, which brings together nearly 200 design and creative talents from 25 countries. Through this international collaboration, AVATR combines global cutting-edge design with its vision for future intelligent vehicles, shaping a unique design philosophy.

The debut of AVATR VISION XPECTRA not only demonstrates AVATR’s exploration of original design but also reflects the brand’s commitment to pioneering new possibilities for future mobility through the integration of original design and intelligent technology.

Hashtag: #AVATR

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

NZ housing market slump deepens – Wellington approaches 30% and Auckland 20% down from peak – QV

LiveNews Publisher

September 9, 2025

Source: Quality Valuation (QV)

The latest QV House Price Index shows average home values across Aotearoa New Zealand dipped by 0.8% over the three months to the end of August, with the national average now $906,977. That figure is 0.2% higher compared to the same time last year and 13.4% below the nationwide market peak of January 2022.

Across the main centres, Queenstown (2.5%) recorded the strongest gains, followed by Hastings (1.7%) with smaller increases in Tauranga (0.3%), Invercargill (0.4%), and New Plymouth (0.1%). Meanwhile, Nelson (-3.2%) saw the largest quarterly drop, followed by Wellington City (-2.4%), with Whangārei (-1.8%), Auckland Region (-1.4%), Hamilton (-1.2%), Napier (-1.8%), Palmerston North (-0.6%), Christchurch City (-1.2%), and Dunedin (-0.7%) also recording value declines.

QV National Spokesperson Andrea Rush said, “As we head into spring, the housing market remains subdued, with values continuing to decrease in most parts of the country. The slump is most pronounced in Wellington where values are now close to 30% below their peak, and in Auckland, which is down around 20% — underscoring the scale of the correction since early 2022.”

“The good news is that with home values coming down and interest rates beginning to ease, affordability is slowly improving for buyers in many areas. However, higher living costs, rising unemployment, the broader economic downturn, and stretched household budgets continue to restrict demand,” she said.

“A steady flow of new townhouse and apartment completions are giving buyers greater choice and helping to limit upward pressure on prices. Buyers are taking longer to commit, and sellers are increasingly having to meet the market. Agents report some homeowners are struggling to sell in time to secure their next property, leading to more deals falling through.”

Ms Rush added: “Net migration has slowed sharply since the post-pandemic peak, with more people now leaving New Zealand than arriving, in contrast to the strong inflows that helped to fuel house price growth.”

The impact of the new foreign buyer rules will take some time to show in places like Queenstown and Auckland, where most of the homes priced above $5 million are located.

Download a high resolution version of the latest QV value map here.

Values across the Super City are on average around 20% below the January 2022 peak – though it varies by area. Rodney has seen a smaller drop of 12.5% (around $175,000), with average values falling from $1,411,162 to $1,235,103. By contrast, Waitākere has experienced the biggest decline, down 21.7% (around $260,000) from $1,215,527 to $951,690.

QV Auckland Registered Valuer, Hugh Robson said, “Despite a slight lift in sales activity through August, there’s been little movement in prices with all areas seeing values dip in the past three months.”

“Listing levels are healthy across most suburbs, with a number of new townhouse developments recently completed or nearing completion. Well-located homes with some land are continuing to sell well, while townhouses with little or no land are proving less popular.”

“Buyer sentiment is relatively upbeat, with recent surveys suggesting many see now as a good time to purchase. The latest cut to the OCR and correspondingly lower interest rates, plenty of choice, and a sense that prices may have bottomed out are helping to support that confidence.”

Wellington

Wellington has experienced the largest value falls in the country since the January 2022 peak, with the steepest drop in Wellington City – West, where average values have fallen 29.9% (more than $400,000) from $1,442,657 to $1,010,714. Lower Hutt has also seen significant declines, with average values down nearly $300,000 from $1,032,527 to $741,841 over the same period.
.
QV Wellington Registered Valuer and Senior Consultant David Cornford said, “Good stock is attracting steady interest and often multi-offers, but overall values while still ticking down across all areas remain relatively flat.”

“Well-maintained homes continue to sell strongly, while ex-rentals with deferred maintenance are struggling and can often be picked up relatively cheaply.”

“Most buyers remain cautious and are steering clear of properties that need significant work, but for those with the skills and appetite to take it on, this part of the market presents an opportunity to add value and create equity.”

“There does appear to be a little more optimism creeping back into the market.”

Christchurch

QV Christchurch Registered Valuer Olivia Brownie said, “The Christchurch housing market has continued to cool through the winter months, which is typical for this time of year, although values are still up annually overall.”

“Recent weeks have brought a lift in enquiries, with more people preparing to buy or sell as spring approaches,” she said.

“The easing of interest rates may help to get more sales across the line in the coming months, with demand remaining healthy, particularly from first-home buyers.”

“Local economic fundamentals point to ongoing stability, though national economic conditions could influence momentum.”
Largest regional value changes

Regional divergence is still occurring, although most areas we measure across the country are now experiencing value decreases.

Queenstown Lakes District remains the country’s most resilient market, leading national growth with the highest average value at $1,860,392. That’s 16.8% (about $270,000) higher than the January 2022 peak, fuelled by strong tourism, holiday home demand, and ongoing construction that is creating jobs and driving housing need. Nearby Mackenzie District, including popular lakeside towns such as Tekapo, is also on the rise — up 5.8% this quarter, 7% year on year, and 17.9% since the peak to $802,892.

Hamilton Central values also rose 6.8% this quarter, bucking the wider city trend. QV Hamilton Senior Registered Valuer, Marshall Wu, said affordability, proximity to the CBD, strong rental demand, and new townhouse developments are driving momentum.

Carterton recorded the largest drop over the past three months, reflecting the broader downturn across the Wellington region — a pattern now spreading to Wairarapa commuter towns.

Nelson values fell 3.2% this quarter. QV Nelson/Marlborough Manager Craig Russell described the market as “flat rather than falling,” with steady demand for tidy $500,000–$800,000 homes. But properties with issues are struggling to sell, while those above $1 million often take six months or more and need price cuts to attract interest. He added that recent job losses have added uncertainty, and unlike other regions, Nelson is not benefiting from higher dairy prices.

You can check value changes over time in your region with QV’s interactive map on www.qv.co.nz/price-index/

The QV HPI uses a rolling three month collection of sales data, based on sales agreement date. This has always been the case and ensures a large sample of sales data is used to measure value change over time. Having agent and non-agent sales included in the index provides a comprehensive measure of property value change over the longer term.

MIL OSI

Solar power project transforms desert into energy hub

MIL OSI

September 8, 2025

Source: Media Outreach

ORDOS, CHINA – Media OutReach Newswire – 8 September 2025 – From September 16 to 17, 2025, the 10th Kubuqi International Desert Forum will convene in Ordos, Inner Mongolia Autonomous Region. Recently, reporters visited the Kubuqi Desert to investigate desertification control measures.

Seen from the air, 196,000 solar panels stretch across the Kubuqi Desert in a striking horse-shaped mosaic, while on the ground, visitors to Chaideng Village, Ordos City, stroll along the solar station and nearby farmstays, savouring local delicacies in what was once the desolate “sea of death.”

The Kubuqi Desert, China’s seventh-largest, located in Inner Mongolia Autonomous Region, was once known as the “sea of death.” However, it boasts abundant solar resources and is an ideal place to build a solar power station.

An aerial drone photo taken on Sept. 3, 2025 shows a photovoltaic and desertification control project in Kubuqi Desert, north China’s Inner Mongolia Autonomous Region.

The Junma solar power station — “Junma” meaning “fine horse” in Chinese — is part of an ambitious desert reclamation project known as the “great photovoltaic wall,” stretching along the northern edge of the Kubuqi Desert.

The grand project is planned to extend about 400 kilometers with an average width of five kilometers. Upon completion, it is set to have an installed capacity of 100 million kilowatts.

At the Kubuqi Desert Ordos Central-Northern New Energy Base project, located in the central section of the “great photovoltaic wall,” rows of blue solar panels glisten under the sun.

“The first and second phases of the project, each with an installed capacity of one gigawatt, have been successfully connected to the grid, transforming over 63,000 mu (about 4,200 hectares) of desert into a sea of solar panels,” said Na Guiting, deputy president of Inner Mongolia Three Gorges Mengneng Energy Co., Ltd., the company responsible for the project.

As one of China’s first large-scale renewable energy bases with a capacity exceeding 10 gigawatts, the base is set to develop eight gigawatts of solar power, four gigawatts of wind power, and four gigawatts of supporting coal power.

Once the project is completed, it will deliver approximately 40 billion kilowatt-hours of electricity annually to the Beijing-Tianjin-Hebei region, with over 50 percent coming from clean energy sources, according to Na.

It is equivalent to saving about 6 million tonnes of standard coal and reducing carbon dioxide emissions by around 16 million tonnes each year, Na added.

Beneath the solar panels, various sand-fixing plants are thriving.

The panels provide shade, cut groundwater evaporation and reduce wind speeds, all of which support plant growth, said Hong Guangyu, a researcher with the Academy of Forestry Sciences of Inner Mongolia Autonomous Region, adding that the plants prevent dust from rising, which in turn benefits solar power generation.

The city of Ordos, also known for its abundant coal resources, has several large coal mines around the Kubuqi Desert. The treated drainage water from the coal mines is channeled to the solar power base and used to clean the solar panels and water the plants.

Local residents are also reaping the benefits of the solar projects. “These projects shield us from wind and sand, allowing our village to cultivate over 10,000 mu of high-standard farmland this year. If leased out, the land can bring villagers 900 yuan (about 126.6 U.S. dollars) per mu each year,” said Han Rongkuan, a local farmer.

At the 16th Conference of the Parties to the United Nations Convention to Combat Desertification, Ordos shared its experience in photovoltaic-based desertification control with other cities.

“The story of solar power projects in Kubuqi Desert embodies Chinese wisdom and solutions, demonstrating a sustainable path that combines ecological and economic benefits in the fight against desertification,” Hong said.

Under China’s Three-North Shelterbelt Forest Program (TSFP), the world’s largest afforestation initiative launched in 1978 to combat desertification across the country’s northwestern, northern and northeastern regions, a total of 480 million mu of forests have been planted and preserved, while 1.28 billion mu of degraded grasslands have been successfully restored.

At the Central Economic Work Conference in 2024, China urged efforts to push for major progress in the landmark projects of the TSFP and promote faster construction of new energy bases in sandy areas, rocky areas and deserts.

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

ONYX Hospitality Group Spotlights Shama Serviced Apartments: Redefining Urban Living Across Asia

MIL OSI

September 8, 2025

Source: Media Outreach

BANGKOK, THAILAND – Media OutReach Newswire – 8 September 2025 – As urban professionals increasingly turn to serviced apartments for a better balance of work, family, and lifestyle, ONYX Hospitality Group is spotlighting its Shama brand — a growing collection of residences in Thailand, Malaysia, Hong Kong, and China. Designed to meet the needs of today’s new generation of city dwellers, Shama offers the flexibility, convenience, and community that redefine the modern urban home.

Shama: A New Way of Living

Shama is designed for executives, professionals, and families who require both short- and long-term accommodation. It offers spacious residences with functional layouts – complete with kitchens and living areas – alongside amenities for everyday life. All of this is complemented by hotel-standard services to ensure comfort and ease.

More than just providing a place to live, Shama reimagines the home experience by blending the warmth of home with the conveniences of a hotel. This approach resonates with modern city dwellers who value quality of life and flexibility over traditional property ownership. It is why Shama stands as a pioneer of the New Urban Living Mindset, making the idea of a “second home” a reality for today’s urbanites.

Shama is more than just a place to stay; it is a new way of living. Offering flexibility, convenience, and a better quality of life, Shama is redefining the modern home for city dwellers across Asia.

Why Serviced Apartments?

For the new generation, a home is more than just a house or a condominium. It is about quality of life, convenience, and a sense of community. Today’s urban dwellers, especially executives and office professionals, are seeking a place that genuinely enhances their lives. They want more than simply a bed for the night or a permanent suburban address; they aspire to a space that seamlessly balances work, relaxation, and family life.

For professionals advancing their careers, a home close to their workplace, with convenient transport links and comprehensive services, is a critical advantage. It enables them to focus fully on their work, safe in the knowledge that when they return, they can unwind and recharge both physically and mentally without worrying about everyday details. For parents with children studying in the city, a “home” means a safe and accessible environment with services and communities that ensure a high quality of life – an environment where their children can thrive.

The Serviced Apartment Advantage

Serviced apartments have therefore emerged as the ideal solution for modern city living. They present a superior alternative to renting a condominium, which can often mean limited space and few services, or staying in a hotel, which is rarely practical for longer-term stays. Unlike purchasing a home, which carries the burden of maintenance and the challenge of relocating as circumstances change, serviced apartments provide a flexible, convenient option.

With features perfectly suited to the urban lifestyle, serviced apartments provide spacious living areas complete with fully equipped kitchens, living rooms, and dedicated workspaces, as well as shared spaces for unwinding. Hotel-standard services take care of everyday essentials, while prime locations close to business districts, schools, and leading hospitals offer both convenience and peace of mind. Above all, serviced apartments foster a sense of community that enhances overall quality of life. And when the time comes to move on, residents can do so with ease – free from the burden of resale or letting.

This is why serviced apartments are becoming the new “second home” for today’s urban professionals. More than simply meeting residential needs, they combine flexibility, convenience, and quality of life for a truly fulfilling lifestyle.

Discover Shama across a range of locations, each designed to suit different lifestyles:

Shama Yen-Akat Bangkok
A tranquil retreat in the Silom-Sathorn business district, surrounded by shops and restaurants. Ideal for pet owners and fitness enthusiasts, with Lumpini Park just minutes away.
Shama Ekamai Bangkok
Situated in the vibrant Ekkamai-Thonglor area, surrounded by community malls, cafés, and restaurants. With spacious residences perfect for long stays, it offers convenient access to Bangkok’s key business districts.
Shama Lakeview Asoke Bangkok
In the heart of Asoke, overlooking Benjakitti Park and close to major shopping, dining, and entertainment venues.
Shama Petchburi 47 Bangkok
Nestled in a quiet yet central location adjacent to Bangkok Hospital, and close to wellness centres, spas, and leisure facilities, making it ideal for extended stays.
Shama Sukhumvit Bangkok
A unique blend of greenery and modern conveniences in central Sukhumvit, with spacious residences and family-friendly amenities, just minutes from Bumrungrad Hospital.
Shama Rayong (Opening 2027)
Ideally positioned for both business and family living, close to industrial estates and international schools, offering an ideal long-term stay option in one of Thailand’s most important economic hubs.

For more information about ONYX Hospitality Group, please visit www.onyx-hospitality.com. To learn more about Shama, visit www.shama.com

Hashtag: #ONYX

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

NZ-AU: IREN Appoints Anthony Lewis as Chief Financial Officer

MIL OSI

September 8, 2025

Source: GlobeNewswire (MIL-NZ-AU)

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (“IREN” or “the Company”) today announced the appointment of Anthony Lewis as Chief Financial Officer.

Mr. Lewis joined IREN in July 2025 as Chief Capital Officer, leading the Company’s capital markets strategy and financing activities. In his new role as CFO, Mr. Lewis will continue to oversee these responsibilities while assuming leadership of the Company’s financial operations, reporting, and strategic planning.

“Anthony has been a great addition to the leadership team,” said Daniel Roberts, Co-Founder and Co-CEO of IREN. “He has already contributed to the accelerated expansion of our AI Cloud business, having overseen our recently announced GPU financings, and is leading the continued evolution of our capital structure to support our growth trajectory. His deep expertise in capital markets and financial management makes him ideally suited to lead our combined finance and capital markets function.”

Mr. Lewis succeeds Ms. Belinda Nucifora, who is departing after 3.5 years as CFO. “Belinda has made a tremendous contribution during a transformative period for IREN, and both Will and I are deeply appreciative of her contribution and commitment during this time,” said Mr. Roberts. “She has been instrumental in strengthening our systems and controls, enhancing processes, and overseeing the transition to U.S. GAAP reporting. Her efforts have laid strong foundations on which we will continue to build, and we wish Belinda the best in her future endeavors.”

Prior to joining IREN, Mr. Lewis held senior roles across financial markets, including 22 years at Macquarie Group, a global financial services and asset management firm, where he most recently served as Co-Treasurer, responsible for global funding, liquidity and capital management, and group financial planning and regulatory reporting.

About IREN

IREN is a leading developer, owner and operator of next-generation data centers powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy including through the purchase of RECs. Strategically located in renewable-rich, fiber-connected regions across the U.S. and Canada, IREN’s large-scale, grid-connected facilities are purpose-built for the next generation of power-dense computing applications.

Power & Land Portfolio: 2,910MW of grid-connected power secured across >2,000 acres in the U.S. and Canada, with an additional multi-gigawatt development pipeline.

Next-Generation Data Centers: 810MW of operating data centers underpinning three verticals: Bitcoin Mining, AI Cloud Services and AI Data Centers.

Bitcoin Mining: one of the world’s largest and lowest-cost Bitcoin producers with 50 EH/s of installed self-mining capacity.

AI Cloud Services: delivering high performance cloud compute to AI customers with next-generation NVIDIA GPUs.

AI Data Centers: end-to-end design, construction and operation of data center infrastructure tailored for AI workloads.

Contacts

Media	Investors

Megan Boles Aircover Communications +1 562 537 7131 megan.boles@aircoverpr.com	Mike Power IREN mike.power@iren.com

Jon Snowball Sodali & Co +61 477 946 068 +61 423 136 761

– Published by The MIL Network

NZ-AU: IREN August 2025 Monthly Update

MIL OSI

September 8, 2025

Source: GlobeNewswire (MIL-NZ-AU)

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (together with its subsidiaries “IREN” or “the Company”) today published its monthly update for August 2025.

August Highlights

AI Cloud expanding to 10.9k NVIDIA GPUs (>80% Blackwells), supported by non-dilutive GPU financing
Expansion opportunity of >60k GPUs⁹ across British Columbia campuses, anchored by >20k at Prince George¹⁰
NVIDIA Preferred Partner status secured
Liquid-cooling installation at Prince George for GB300 NVL72 deployments

Key Metrics	Aug 25	Jul 25*

Bitcoin Mining
Average operating hashrate	44.0 EH/s	45.4 EH/s
Bitcoin mined⁴	668 BTC	728 BTC
Revenue per Bitcoin mined	$114,816	$114,891
Net electricity cost per Bitcoin mined²	($38,791)	($32,266)*
Revenue	$76.7m	$83.6m
Net electricity costs¹	($25.9m)	($23.5m)*
Hardware profit³	$50.8m	$60.1m
Hardware profit margin⁵	66%	72%

AI Cloud
Revenue	$2.4m	$2.3m
Net electricity costs¹	($0.04m)	($0.04m)
Hardware profit³	$2.4m	$2.3m
Hardware profit margin⁵	98%	98%

*Restatement of July 2025 net electricity cost per Bitcoin mined reflects revised Childress net electricity cost based on invoice received post issue of July 2025 investor report.

Management Commentary

“Demand for our AI Cloud is accelerating as we prepare for the delivery of approximately 9,000 NVIDIA Blackwell GPUs over the coming months,” said Daniel Roberts, Co-Founder and Co-CEO of IREN.

“At Prince George, retrofits to support this expansion are progressing to schedule, with construction of a new liquid-cooled data center for NVIDIA GB300 NVL72 systems well underway. Following record fiscal year and quarterly earnings, we delivered another month of solid performance, generating $53m of hardware profit in August despite seasonal curtailment and electricity prices.”

Technical Commentary

AI Cloud

NVIDIA Preferred Partner status secured – supporting ongoing customer expansion and diversification, with current fleet deployed across leading AI ecosystem partners including Together AI, Hume, and Fluidstack
10.9k GPU expansion underway – scaling from 1.9k to 10.9k NVIDIA GPUs, including ~9k Blackwell GPUs scheduled for delivery at Prince George over the coming months (targeting $200-250m annualized revenue by Dec 2025⁷)
Capital-efficient growth through GPU financing – ~$200m of non-dilutive GPU financing secured, representing 100% of the purchase price of the underlying GPUs, with additional financing workstreams ongoing
Customer pipeline progressing – active engagement with hyperscaler and non-hyperscaler customers across the full site portfolio, spanning powered shells, turnkey colocation, and cloud services

Bitcoin Mining

Robust hardware profits – delivered >$1.6m in average daily hardware profits³ in August despite elevated summer electricity costs and lower average operating hashrate in part due to seasonal curtailment and planned site outages, including for BC Hydro line upgrade and energization of the second bulk substation at Childress
Substantial cashflow generation – 50 EH/s currently producing >$1bn in annualized revenue⁸

Events

FY25 Results Webcast
Replay available here

All-In Summit
Los Angeles, September 7-9, 2025

H.C. Wainwright Investment Conference
New York, September 9-10, 2025

YOTTA, Digital Infrastructure Conference
Las Vegas, September 9-10, 2025

AI Infra Summit
Santa Clara, September 10-11, 2025

Daniel Roberts (Co-founder & Co-CEO) on Schwab Network (August 2025)

Project Update

Prince George Data Center (August 2025)

Horizon 1 & 2 (August 2025)

Sweetwater 1 (September 2025)

British Columbia (160MW)

160MW of operating data centers across three campuses (capacity for >60k GPUs⁹)
Transitioning ASICs to GPUs at Prince George (capacity for >20k GPUs¹⁰)
Construction progressing for new 10MW (IT load) liquid-cooled data center at Prince George (capacity for >4.5k GB300s¹¹)
Installing power redundancy for all GPUs

Childress (750MW)

650MW of operating data centers
Second bulk substation transformer energized to support Horizon 1 & 2 (100MW IT load)
Horizon 1 on track for Q4 2025 delivery; data center halls & liquid cooling plant under construction
Horizon 2 site works & procurement underway

Sweetwater (2,000MW)

Design work complete for direct fiber loop connecting Sweetwater 1 (1,400MW) and 2 (600MW)
Construction of bulk power station and first primary substation progressing at Sweetwater 1 to achieve Apr 2026 energization
Sweetwater 2 targeting late 2027 energization

Childress Project Status

Prince George Campus

Site Overview

Assumptions and Notes

Total net electricity costs are presented on a net basis and calculated as GAAP electricity charges, demand response program revenue and demand response fees. Figures are based on current internal estimates and exclude Renewable Energy Certificate (“REC”) purchases.
Net electricity costs per Bitcoin mined is calculated as Net electricity costs for Bitcoin mining divided by Bitcoin mined.
Hardware profit is calculated as revenue less net electricity costs. Average daily hardware profit reflects total monthly Bitcoin mining hardware profit divided by the number of days in the applicable period. Hardware profit is a non-GAAP financial measure and is provided in addition to, and not as a substitute for, measures of financial performance prepared in accordance with GAAP. Refer to the Forward-Looking Statements disclaimer.
Bitcoin and Bitcoin mined in this investor update are presented in accordance with our revenue recognition policy which is determined on a Bitcoin received basis (post deduction of mining pool fees).
Hardware profit margin for Bitcoin Mining and AI Cloud is calculated as revenue less net electricity costs, divided by revenue (for each respective revenue stream) and excludes all other costs.
AI Cloud annualized revenue reflects weighted average price per GPU hour (including storage and ancillaries) for contracted GPUs as of August 31, 2025, multiplied 8,760 hours per year.
AI Cloud annualized revenue is presented as an illustrative measure of potential revenue based on a 10.9k GPU deployment. It is not fully contracted, there can be no assurance that it will be achieved, and actual revenue may differ materially. Assumes on time delivery and commissioning of GPUs.
Bitcoin Mining annualized revenue of >$1bn is presented as an illustrative measure of potential revenue of 50EH/s mining capacity based on the following assumptions: Bitcoin price of $115k, hardware operates at 100% uptime, network hashrate of 928 EH/s, block reward of 3.125 Bitcoin and transaction fees of 0.1 Bitcoin per block. Source: CoinWarz Bitcoin Mining Calculator.
>60k Blackwell GPUs reflects internal estimate of capacity based on 160MW power capacity, 1.1 PUE across British Columbia sites and NVIDIA B200 reference architecture.
>20k Blackwell GPUs reflects internal estimate of capacity based on 50MW power capacity at Prince George, 1.1 PUE and NVIDIA B200 reference architecture.
>4.5k GB300s reflects internal estimate of capacity based on 10MW (IT load) power capacity at Prince George liquid-cooled data center.

Reconciliation of Non-GAAP metrics

	Units	Aug 25	Jul 25*
Electricity charges	$’m	(27.2)	(24.7)
Add/(deduct) the following:
Demand response program revenue	$’m	1.3	1.3
Demand response program fees	$’m	(0.1)	(0.1)
Total net electricity costs¹	$’m	(26.0)	(23.5)
Net electricity costs – Bitcoin mining¹	$’m	(25.9)	(20.4)
Total Bitcoin mined	#	668	728
Net electricity costs per Bitcoin mined²	$	(38,791)	(32,266)

Bitcoin mining revenue	$’m	76.7	83.6
Add/(deduct) the following:
Net electricity costs – Bitcoin mining¹	$’m	(25.9)	(23.5)
Bitcoin mining Hardware Profit³	$’m	50.8	60.1
Bitcoin mining Hardware Profit Margin⁵	%	66%	72%

AI Cloud Services revenue	$’m	2.4	2.3
Add/(deduct) the following:
Net electricity costs – AI Cloud Services¹	$’m	(0.04)	(0.04)
Al Cloud Services Hardware Profit³	$’m	2.4	2.3
Al Cloud Services Hardware Profit Margin⁵	%	98%	98%

Total Hardware Profit³	$’m	53.2	62.4
*Restatement of July 2025 net electricity cost per Bitcoin mined from $27,976 to $32,266 reflects final Childress net electricity cost based on invoice received post issue of July 2025 investor report.

Contacts

To keep updated on IREN’s news releases and SEC filings, please subscribe to email alerts at https://iren.com/investor/ir-resources/email-alerts.

Forward-Looking Statements

This investor update includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”), that involve substantial risks and uncertainties. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies and trends we expect to affect our business. These statements often include words such as “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “potential,” “could,” “would,” “may,” “will,” “forecast,” and other similar expressions. Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team. Such statements are subject to the same limitations, uncertainties, assumptions and disclaimers set out in this investor update.

Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this investor update. Such statements are subject to the same limitations, uncertainties, assumptions and disclaimers set out in this document. We base these forward-looking statements or projections on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances and at such time. The forward-looking statements are subject to and involve risks, uncertainties and assumptions and you should not place undue reliance on these forward-looking statements. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our actual financial results or results of operations, and could cause actual results to differ materially from those expressed in the forward-looking statements. Factors that may materially affect such forward-looking statements include, but are not limited to: Bitcoin price and foreign currency exchange rate fluctuations; our ability to obtain additional capital on commercially reasonable terms and in a timely manner to meet our capital needs and facilitate our expansion plans; the terms of any future financing or any refinancing, restructuring or modification to the terms of any future financing, which could require us to comply with onerous covenants or restrictions, and our ability to service our debt obligations, any of which could restrict our business operations and adversely impact our financial condition, cash flows and results of operations; our ability to successfully execute on our growth strategies and operating plans, including our ability to continue to develop our existing data center sites, design and deploy direct-to-chip liquid cooling systems, and diversify and expand into the market for high-performance computing (“HPC”) solutions (including the market for AI Cloud and potential colocation services such as powered shell, build-to-suit and turnkey data centers (“Colocation Services”) (collectively “HPC and AI services”)); our limited experience with respect to new markets we have entered or may seek to enter, including the market for HPC and AI services); our ability to remain competitive in dynamic and rapidly evolving industries; expectations with respect to the ongoing profitability, viability, operability, security, popularity and public perceptions of the Bitcoin network; expectations with respect to the useful life and obsolescence of hardware (including hardware for Bitcoin mining and any current or future HPC and AI services we offer); delays, increases in costs or reductions in the supply of equipment used in our operations including as a result of tariffs and duties, and certain equipment being in high demand due to global supply chain constraints; expectations with respect to the profitability, viability, operability, security, popularity and public perceptions of any current and future HPC and AI services we offer; our ability to secure and retain customers on commercially reasonable terms or at all, particularly as it relates to our strategy to expand into markets for HPC and AI services; our ability to establish and maintain a customer base for our HPC and AI services business and customer concentration; our ability to manage counterparty risk (including credit risk) associated with any current or future customers, including customers of our HPC and AI services and other counterparties; the risk that any current or future customers, including customers of our HPC and AI services or other counterparties, may terminate, default on or underperform their contractual obligations; changing political and geopolitical conditions, including changing international trade policies and the implementation of wide-ranging, reciprocal and retaliatory tariffs, surtaxes and other similar import or export duties, or trade restrictions; Bitcoin global hashrate fluctuations; our ability to secure renewable energy, renewable energy certificates, power capacity, facilities and sites on commercially reasonable terms or at all; delays associated with, or failure to obtain or complete, permitting approvals, grid connections and other development activities customary for greenfield or brownfield infrastructure projects; our reliance on power and utilities providers, third party mining pools, exchanges, banks, insurance providers and our ability to maintain relationships with such parties; expectations regarding availability and pricing of electricity; our participation and ability to successfully participate in demand response products and services and other load management programs run, operated or offered by electricity network operators, regulators or electricity market operators; the availability, reliability and/or cost of electricity supply, hardware and electrical and data center infrastructure, including with respect to any electricity outages and any laws and regulations that may restrict the electricity supply available to us; any variance between the actual operating performance of our miner hardware achieved compared to the nameplate performance including hashrate; electricity market risks relating to changes in regulations and requirements of market operators and regulatory bodies, including with respect to grid stability, interconnection and curtailment obligations; our ability to curtail our electricity consumption and/or monetize electricity depending on market conditions, including changes in Bitcoin mining economics and prevailing electricity prices; actions undertaken by electricity network and market operators, regulators, governments or communities in the regions in which we operate; the availability, suitability, reliability and cost of internet connections at our facilities; our ability to secure additional hardware, including hardware for Bitcoin mining and any current or future HPC and AI services we offer, on commercially reasonable terms or at all, and any delays or reductions in the supply of such hardware or increases in the cost of procuring such hardware; our ability to operate in an evolving regulatory environment; our ability to successfully operate and maintain our property and infrastructure; reliability and performance of our infrastructure compared to expectations; malicious attacks on our property, infrastructure or IT systems; our ability to maintain in good standing the operating and other permits and licenses required for our operations and business; our ability to obtain, maintain, protect and enforce our intellectual property rights and confidential information; any intellectual property infringement and product liability claims; whether the secular trends we expect to drive growth in our business materialize to the degree we expect them to, or at all; any pending or future acquisitions, dispositions, joint ventures or other strategic transactions; the occurrence of any environmental, health and safety incidents at our sites, and any material costs relating to environmental, health and safety requirements or liabilities; damage to our property and infrastructure and the risk that any insurance we maintain may not fully cover all potential exposures; ongoing proceedings relating to the default under certain equipment financing facilities, ongoing securities litigation, and any future litigation, claims and/or regulatory investigations, and the costs, expenses, use of resources, diversion of management time and efforts, liability and damages that may result therefrom; our failure to comply with any laws including the anti-corruption laws of the United States and various international jurisdictions; any failure of our compliance and risk management methods; any laws, regulations and ethical standards that may relate to our business, including those that relate to Bitcoin and the Bitcoin mining industry and those that relate to any other services we offer, including laws and regulations related to data privacy, cybersecurity and the storage, use or processing of information and consumer laws; our ability to attract, motivate and retain senior management and qualified employees; increased risks to our global operations including, but not limited to, political instability, acts of terrorism, theft and vandalism, cyberattacks and other cybersecurity incidents and unexpected regulatory and economic sanctions changes, among other things; climate change, severe weather conditions and natural and man-made disasters that may materially adversely affect our business, financial condition and results of operations; public health crises, including an outbreak of an infectious disease and any governmental or industry measures taken in response; damage to our brand and reputation; evolving stakeholder expectations and requirements relating to environmental, social or governance (“ESG”) issues or reporting, including actual or perceived failure to comply with such expectations and requirements; that we do not currently pay any cash dividends on our Ordinary shares, and may not in the foreseeable future and, accordingly, your ability to achieve a return on your investment in our Ordinary shares will depend on appreciation, if any, in the price of our Ordinary shares; and other important factors discussed under the caption “Risk Factors” in IREN’s annual report on Form 10-K filed with the SEC on August 28, 2024 as such factors may be updated from time to time in its other filings with the SEC, accessible on the SEC’s website at www.sec.gov and the Investor Relations section of IREN’s website at https:// investors.iren.com.

The foregoing list of factors is not exhaustive and does not necessarily include all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. The forward-looking statements included in this investor update are made only as of the date of this investor update and should be read carefully in conjunction with other uncertainties and potential events described in “Item 1A. Risk Factors” in our Annual Report on Form 10-K, filed with Securities and Exchange Commission (the “SEC”) on August 28, 2025 and our other filings with the SEC. Except as required by law, we do not undertake any obligation to update any forward-looking statements to reflect subsequent events or circumstances.

Preliminary Financial Information

The financial information presented in this investor update is not subject to the same closing procedures as our unaudited quarterly financial results and our audited annual financial results, and has not been reviewed or audited by our independent registered public accounting firm. The preliminary financial information included in this investor update does not represent a comprehensive statement of our financial results or financial position and should not be viewed as a substitute for unaudited financial statements prepared in accordance with International Financial Reporting Standards. Accordingly, you should not place undue reliance on the preliminary financial information included in this investor update.

Non-GAAP Financial Measures

This investor update includes non-GAAP financial measures, including net electricity costs, net electricity costs per Bitcoin mined, hardware profit, hardware profit margin, Bitcoin Mining annualized revenue and AI Cloud annualized revenue. We provide these measures in addition to, and not as a substitute for, measures of financial performance prepared in accordance with GAAP. There are a number of limitations related to the use of non-GAAP financial measures. For example, other companies, including companies in our industry, may calculate these measures differently. The Company believes that these measures are important and supplement discussions and analysis of its results of operations and enhances an understanding of its operating performance.

Net electricity costs are calculated as GAAP electricity charges, demand response program revenue and demand response fees. Figures are based on current internal estimates and excludes the cost of RECs. Net electricity costs per Bitcoin mined is calculated as Net electricity costs for Bitcoin mining divided by Bitcoin mined. Hardware Profit is calculated as revenue less net electricity costs (excludes all other site, overhead and REC costs). Hardware Profit Margin is calculated as revenue less net electricity costs divided by revenue (excludes all other site, overhead and REC costs).

– Published by The MIL Network

Discover Qianhai’s Talent Appeal from a “72-Hour Experience Pass”

MIL OSI

September 8, 2025

Source: Media Outreach

SHENZHEN, CHINA – Media OutReach Newswire – 8 September 2025 – Recently, a “Shenzhen-Hong Kong 72-Hour Experience Pass” has drawn the attention of young “makers” from around the world. The experience program, jointly launched by the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone and the government of the Hong Kong Special Administrative Region, invites global experts to visit, experience, inspect, and collaborate in the Guangdong-Hong Kong-Macao Greater Bay Area. To support this, the program offers 500 air tickets, 200 seaside rooms, and 1,000 opportunities for high-paying jobs.

Shenzhen-Hong Kong 72-Hour Experience Pass

“This is not just a pass, but also a dialogue, a window, and the starting point of a career,” said an official from the Qianhai Authority. The Authority hopes that this precise, efficient, immersive, and interactive approach can break down information barriers, enabling talented people from around the world to realize their dreams in the Greater Bay Area, a land full of opportunities.

Shenzhen-Hong Kong 72-Hour Experience Pass

It is learned that the Shenzhen and Hong Kong governments will arrange customized itineraries based on applicants’ backgrounds and needs and provide comprehensive support. This includes assistance with obtaining Shenzhen entry visas, guidance and services throughout the trip, and subsidies covering accommodation, transportation, and meals. Global elites can access the application form by just scanning the official QR code and complete the application by submitting it to the email address designated by Qianhai or Hong Kong.

During the 72-hour trip, experts selected in the experience program will enjoy an immersive tour in Shenzhen and Hong Kong from three key perspectives: career, lifestyle, and opportunities. Activities include visits to top universities, sci-tech innovation parks, and world-class technology companies in Shenzhen and Hong Kong, as well as strolling on the shores of Victoria Harbor and riding the “Bay Glory” Ferris wheel.

This experience pass program, jointly launched by Shenzhen and Hong Kong, is a vivid example of the two regions working together to build a more internationally competitive talent system. In recent years, Qianhai and Hong Kong have enhanced “hard connectivity” by improving the interconnectivity in transportation, communications, and other infrastructure. In terms of “soft connectivity,” they have focused on advancing the alignment of rules and coordination of mechanisms, removing institutional barriers such as cross-border public services and mutual recognition of professional qualifications. These efforts aim to create a “seamless” development environment for more talented individuals and enterprises seeking opportunities in Qianhai.

The effort to attract global talent to the Greater Bay Area and encourage them to stay in Shenzhen and Hong Kong is underpinned by an increasingly comprehensive public service system and a business environment aligned with international standards jointly developed by Hong Kong and Qianhai. For example, the “Shenzhen Qianhai International Business e-Station” platform built by Qianhai provides integrated online and offline services, enabling “one-counter handling” of high-frequency matters such as cross-border notarization and talent introduction. It has become a key service hub for enterprises expanding overseas and for talent entering the Greater Bay Area.

Today, Qianhai has become a pivot for connecting resources across the Guangdong-Hong Kong-Macao Greater Bay Area and a strategic platform for integration with the international community. Through innovation and opening up, it is writing a new chapter in Shenzhen-Hong Kong collaboration. By offering growth opportunities for young people from Hong Kong and Macao, creating development prospects for talented people from around the world, and building bridges for enterprises seeking global expansion, Qianhai demonstrates its unique value and boundless potential as a strategic platform for Shenzhen-Hong Kong cooperation.

From the 72-hour experience pass to continuous empowerment from a comprehensive service system, Qianhai is conveying strong confidence and sincerity to global makers through its systematic and efficient service philosophy and actions. Here, there are not only vast development opportunities and the “key” to the Chinese mainland market, but also efficient and convenient service support, a more internationally aligned business environment, and a rainforest-like innovation ecosystem. Qianhai’s appeal is prompting global experts to “vote with their feet,” choosing to stay here and join the wave of innovation in the Guangdong-Hong Kong-Macao Greater Bay Area.

Hashtag: #72HourExperiencePass

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Hundreds of Wellington City Council workers face uncertain future with proposed restructure

LiveNews Publisher

September 8, 2025

Source: PSA

The PSA is urging Wellington City Council to withdraw a planned restructure impacting hundreds of jobs, coming just weeks before local government elections.

The council is proposing a major shake up of the Customer and Community business group.

“Hundreds of Wellington City Council workers across libraries, parks, recreation, city safety, and digital services face job uncertainty with many positions proposed for disestablishment,” said PSA National Secretary Fleur Fitzsimons.

“We will write to the CEO tomorrow morning asking that it is withdrawn.”

There are a number of dismissals proposed through redundancy.

Our initial count indicates 63 jobs going, 31 of which are currently vacant across the following teams: Connected Communities, Creative Capital, Park Sports and Rec, Smart Council, Libaries, Archives and Community spaces. There are significant changes proposed to many more jobs.

“These people are committed Wellingtonians who have more to give our city. This restructure would take Wellington backwards.

“The proposals would mean the loss of specialist expertise in parks, recreation and city safety to name a few and would result in unmanageable workloads for those who remain.

“At a time when there is so much concern about the future of Wellington, we oppose this major restructure, particularly so close to the council elections. It is not appropriate to be embarking on re-structure this significant in the pre-election period. It is a constitutional norm that significant work like this does not occur so close to a local election.

“The timeline currently has final decision documents being released three days after the local election, this is deeply wrong.”

The union will be supporting members during this challenging time.

“We are closely examining the proposal, we can already see a number of serious mistakes and our members are asking whether it has been written by AI.

“The PSA is also concerned that there is only three weeks’ consultation on a 216-page proposal affecting this many workers and services – that is simply inadequate.”

MIL OSI

Asia’s philanthropy trajectory: five growth models driving domestic impact

MIL OSI

September 8, 2025

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 8 September 2025 – The Commission on Asian Philanthropy – a coalition of 13 of Asia’s leading philanthropic organisations – today announces early insights from its landmark research study on Asian giving.

The 4th Convening of the Commission on Asian Philanthropy in Hong Kong on Monday, 8 September 2025

The study highlights five distinct growth models that are transforming the scale, professionalism and effectiveness of philanthropy across Asia, namely corporate-led, community-led, faith-based, state-led and high-net-worth-individual-led. While the last model has a comparatively limited presence in Asia, the first four account for the majority of philanthropic capital and activity across the region and offer compelling pathways to unlock domestic impact through approaches tailored to local contexts.

Distinctively, philanthropic growth models in Asia capitalise on the region’s values, with society taking on greater collective responsibility. The Commission has found that this diverse and pluralistic approach to cultivating philanthropy extends beyond a focus on high-net-worth individuals and allows jurisdictions in Asia to derive benefits that surpass financial contributions alone.

Key features of the growth models include:

Corporate-led: companies deploy assets, expertise and infrastructure to advance inclusive development.
Community-led: citizens engage through volunteering, peer support and grassroots mobilisation.
Faith-based: values-driven giving sustains long-term action and deep community trust.
State-led: enables greater co-ordination and scale, leveraging the state’s reach and delivery infrastructure.

To illustrate how these models are reshaping philanthropy in practice, the Commission spotlighted examples from several jurisdictions, each reflecting the kind of expansive investment and strategic ambition that defines a growth model.

India’s mandatory CSR boosted corporate giving from US$1.20 billion in 2015 to US$4.17 billion in 2024, embedding inclusive growth into boardroom priorities in less than a decade.
China and Saudi Arabia have digitalised informal giving by the general public, with China channelling close to US$1.55 billion in 2021 and Saudi Arabia raising US$1.33 billion in 2024 through digital fundraising platforms.
Indonesia’s Zakat system (giving to vulnerable people as mandated by Islamic law) has professionalised faith-based giving, increasing contributions to US$2.55 billion in 2024, with institutional giving tripling since 2015 to US$0.73 billion (28.69% of total).

“Asia’s philanthropic landscape is full of potential, but real transformation depends on strengthening the underlying systems that support the different philanthropic growth models,” says Lester Huang, Chairman of the Institute of Philanthropy – which is a Co-Convenor of the Commission on Asian Philanthropy. “These models offer a path forward – not just to grow giving, but to professionalise philanthropic approaches, improve co-ordination and increase impact.”

These findings mark a major milestone in the Commission’s three-year effort to catalyse “in Asia, for Asia” philanthropy. Rather than prescribing a single model, the research celebrates regional diversity, showcasing how jurisdictions are cultivating systems aligned to their cultural, institutional and socio-economic contexts. The Commission has identified multiple jurisdictional examples of pathways across the corporate-led, community-led and faith-based models to spark dialogue, foster shared learning and encourage regional collaboration to inform the evolution of domestic philanthropic ecosystems.

“Asia is shaping a new paradigm for global philanthropy, one that is rooted in local relevance, innovation and strategic execution,” said Ichiro Kabasawa, Executive Director of The Nippon Foundation. He represents the Asia Philanthropy Congress, which is a co-convenor of the Commission on Asian Philanthropy. “By building on bold growth models, we’re not just increasing giving, we’re raising the standard for what philanthropy can achieve when it is deeply embedded in the communities it aims to serve.”

The Commission consists of the following organisations:

China Soong Ching Ling Foundation
Erth Zayed Philanthropies
The Hong Kong Jockey Club Charities Trust
Kasikornthai Foundation
King Khalid Foundation
Nippon Foundation
Piramal Foundation
Tanoto Foundation
Tata Consultancy Services
Temasek Foundation
Tencent Charity Foundation
Yayasan Dompet Dhuafa Republika
Yayasan Hasanah (a foundation of Khazanah Nasional Berhad (Malaysia))

Co-convenors:

Asia Philanthropy Congress
Institute of Philanthropy

Co-secretariats:

AVPN
Voyage

Hashtag: #CommissionOnAsianPhilanthropy #Philanthropy #CSR #CorporateGiving #AVPN

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

DHL Express ranked among Asia’s top 3 Best Workplaces, marking a decade of workplace excellence

MIL OSI

September 8, 2025

Source: Media Outreach

Achieving the second position on the list, the express logistics provider has consistently secured the top 3 positions for 10 consecutive years

SINGAPORE – Media OutReach Newswire – 8 September 2025 – DHL Express has once again been recognized as one of Asia’s top employers, securing the number 2 spot on the 2025 Great Place to Work® Best Workplaces in Asia™ list. This marks another milestone in the company’s journey of excellence in fostering a people-first culture, amid a volatile and challenging external environment.

DHL Express is ranked among the best workplaces in Asia

Despite external challenges, DHL Express continues to demonstrate its “As One” spirit, strengthening its culture of resilience and unity. Equally, the accolade underscores the organization’s unwavering focus on being an employer of choice – one of DHL Group’s four bottom lines – to prioritize its people’s health and welfare.

“Our people are the center of everything we do. I am proud of our achievement for consistently being recognized as the preferred workplace. The team’s dedication, passion and innovation to ensure every employee has the tools and opportunities they need to thrive are key to our success today,” said Ken Lee, CEO for Asia Pacific, DHL Express. “As we are confronted by evolving trade patterns and increasingly complex supply chains, we must remain focused, agile and adaptable, without compromising on our people’s safety and overall wellbeing. I am confident that this will position us differently for the future – enabling us to accelerate sustainable growth.”

Empowering people through Strategy 2030

This achievement also comes at a time when the logistics industry faces growing challenges driven in part by evolving workforce dynamics, identified as one of the megatrends of DHL Group’s Strategy 2030 to have a significant impact on the sector. With the emergence of technologies that are reshaping job profiles, labor patterns and segment sizes are also changing. DHL Express is committed to strengthening its people and ensuring the organization is future-ready with a focus on upskilling, diversity and inclusivity as well as digitalization. For example, in the past year, the team has invested in and rolled out modern and advanced technology platforms to improve the quality and productivity of our sales and customer service functions.

Celebrating excellence: Employee of the Year Awards

DHL Express believes in celebrating and recognizing individuals for their outstanding contributions. Employee of the Year awards is an event that DHL Express hosts annually to honor employees across the Asia Pacific region who exemplify DHL’s values of speed, passion, can-do attitude, and doing it right the first time. This year, more than 200 employees from across the region that went above and beyond their job responsibilities received the award. Also commended concurrently were DHL’s Got Heart winners, who embodied the company’s purpose “Connecting people, improving lives”. These five employees were lauded for making meaningful impact on communities or supported causes close to their hearts, in addition to pursuing personal career development.

“Being recognized as one of Asia’s top workplaces is a reflection of the culture we’ve built together – one that values inclusion, growth, and purpose,” said Fadzlun Sapandi, Executive Vice President of HR at DHL Express. “We work hard to ensure that every employee feels seen, valued, and empowered to shape their own career journey. Through targeted development programs, leadership coaching, and a strong emphasis on internal mobility, we are not just building careers but also creating a work environment where individuals and their unique perspectives can also contribute to our success.”

Looking ahead

As DHL Express continues to evolve, its commitment to people, purpose, and planet remains steadfast. The company will further harness its internal Smart Connect platform to foster collaboration, enable personalized learning, and cultivate a stronger sense of community across its workforce. At the same time, the Certified International Specialist (CIS) program will remain a cornerstone of employee development that seeks to deepen expertise, strengthen internal relationships, and embed DHL’s values.

Great Place To Work® is the global authority on workplace culture. Its Great Place To Work For All™ Model helps companies evaluate the experience of every employee. Starting in 2026, the logistics company will no longer be evaluated by individual business units globally but will be certified as DHL. As part of the company’s commitment to becoming an employer of choice, DHL Group emphasizes creating a safe and positive work environment, competitive benefits, and fostering employee development and inclusion.

https://group.dhl.com/en.html
https://www.linkedin.com/company/dhlexpress/
https://x.com/dhlexpress

Hashtag: #DHLExpress #GreatPlacetoWorkAsia #AsOne

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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