NZ-AU: IREN August 2025 Monthly Update

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.

Update 3 – Critical incident, Waitomo

LiveNews Publisher

September 8, 2025

Source: New Zealand Police

To be attributed to Acting Deputy Commissioner Jill Rogers:

Late this afternoon, specialist Police officers conducting a search within bush near Waitomo located the outstanding children of Tom Phillips.

I’m pleased to say they are unharmed, and are now safe.

They were located about 4.30pm, in bush, roughly 2km from the location where Tom Phillips died after shooting at Police.

This is an emotional development. To know the children are safe, and now receiving care after nearly four years, is an absolute relief.

Every person involved in this case has had the welfare of the children at heart.

While they are safe, this is the start of a long journey of recovery and their welfare remains our top priority. For that reason, we will not be going into details about where they are now or their mental state.

We can say the children were found alone and the scene has been locked down and will be subject to a forensic examination that we expect will last several days. A significant amount of work lies ahead of us, but we are grateful to see an end to what has been three years of torment for the children’s family.

Police Commissioner Richard Chambers says “This is a result of incredible work by Police who had to contend with a high-risk situation and difficult circumstances both earlier this morning and throughout the day. I want to acknowledge our colleague who was shot and faces a long recovery. I will be arriving back in New Zealand late tonight and travelling to Waikato first thing in the morning.”

ENDS

Issued by Police Media Centre.

MIL OSI

One Futureworld Marks 6 Years of Bose Partnership with Strategic Product Launches

MIL OSI

September 8, 2025

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 8 September 2025 – One Futureworld, the exclusive distributor of Bose in Singapore, marks its 6th anniversary with the launch of three new Bose products. This milestone reflects the company’s continued role in shaping the Bose experience locally, highlighting a partnership built on growth, innovation, and a deep understanding of the Singapore market.

One Futureworld Marks 6 Years of Bose Partnership with Strategic Product Launches

Celebrating Six Years of Growth and Market Expansion

Over the past six years, One Futureworld has built a close partnership with Bose in Singapore, shaping how the brand is introduced, retailed and experienced locally. The company has expanded its presence across both physical and digital channels, while continuously adapting to evolving consumer expectations.

The partnership has enabled One Futureworld to connect with Singapore’s growing premium audio segment, contributing to sustained brand relevance and market presence. From navigating changing retail dynamics during the pandemic to implementing customer-centric initiatives, the company has helped define Bose’s positioning within Singapore’s premium audio and lifestyle landscape.

Strategic Product Debuts: A New Phase of Local Engagement

Aligned with the National Day celebrations and back-to-school season, One Futureworld introduced three new Bose products this August: the QuietComfort Ultra Earbuds (Gen 2), the SoundLink Plus, and the SoundLink Home. These latest additions reflect the brand’s ongoing evolution, combining Bose’s signature sound quality with features designed to suit modern lifestyles.

The SoundLink Home stands out as a notable addition to Bose’s speaker lineup in Singapore, emphasising interior aesthetics alongside audio performance. Designed to complement home environments, it functions as both a sound system and a visual feature. To reinforce this positioning, One Futureworld has implemented dedicated in-store merchandising, including life-size banner posters and display tables.

Each product in the launch addresses distinct user needs. The SoundLink Plus is designed for users seeking a durable speaker with strong audio output. The QuietComfort Ultra Earbuds (Gen 2) are built for those who prioritise high-performance noise cancellation, long-wear comfort and immersive sound quality. They are positioned among Bose’s leading active noise-cancelling earbuds.

Adapting to the Evolving Audio Landscape in Singapore

Consumer preferences in Singapore have shifted in recent years. Demand for premium audio now encompasses not only technical specifications but also design, usability, and lifestyle fit. In response, One Futureworld has refined its approach to positioning Bose, aligning more closely with these evolving expectations.

“We’ve seen a clear change in how premium audio is perceived in Singapore,” shared Albert Chan, General Manager of One Futureworld. “Purchase decisions today are influenced by lifestyle fit, emotional appeal, and design sensibility. Bose products continue to meet these expectations, and our role is to ensure they remain relevant and accessible.”

Urban professionals and design-conscious consumers remain key target segments. To maintain engagement, One Futureworld continues to invest in content-led digital campaigns, blog marketing, and targeted social media outreach. The current product launch, supported by Meta advertising and in-store visual enhancements, forms part of a broader strategy to strengthen both visibility and consumer connection.

Looking Ahead: Expanding Lifestyle Audio in Singapore

As audio becomes increasingly integrated into smart living and lifestyle environments, One Futureworld sees strong potential for continued growth. By balancing technical innovation with design-led thinking, Bose is well-positioned to reach a broader audience seeking both functionality and aesthetic value.

The 6th anniversary serves as both a point of reflection and a foundation for future direction. One Futureworld remains focused on advancing Bose’s presence in Singapore through curated retail experiences, refined customer engagement, and a locally relevant product strategy.

The new Bose products are now available through One Futureworld’s official retail and online channels. Customers can explore the full lineup and learn more on their website.

https://onefutureworld.com/
https://sg.linkedin.com/company/one-futureworld
https://www.facebook.com/bosebyofw/
https://www.instagram.com/bosebyofw/

Hashtag: #OneFutureworld #Bose

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

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

Health and safety reforms: an opportunity to invest to save lives, reduce costs

LiveNews Publisher

September 8, 2025

Source: New Zealand Institute of Safety Management

The 2025 State of a Thriving Nation report from the Business Leaders Health and Safety Forum makes clear the cost to New Zealand and workers of our comparatively poor health and safety performance, says the New Zealand Institute of Safety Management.

The Business Leaders Health and Safety Forum report released today sets out some stark statistics:

The cost of harm to New Zealand workers, businesses and Government has risen from $5.2 billion in 2024 to $5.4 billion in 2024
Our workplace fatality rate is 6.9 x that of the United Kingdom and 1.7 x that of Australia. These trends (and similar ones for injury) remain when correcting for the type of work we do in New Zealand compared to other countries.
80% of the 25 OECD countries with higher productivity than New Zealand have lower workplace death rates
Serious injuries involving more than a week off work have fallen, but the average time to recover is now twice what it was 15 years ago.

“Together, these numbers add up to a huge and tragic cost to New Zealand workers and their families and a massive drag on businesses, and their productivity as well as a burden on ACC, health and social welfare,” said Mike Cosman, New Zealand Institute of Safety Management (NZISM) spokesperson.NZISM is calling on the Government to seize the opportunity to invest in the system and lift this burden of harm. “We urge the Government to ensure that their health and safety reforms respond to the call from businesses, workers and experts to ensure:

Better system leadership and coordination between agencies with clear governance to hold them accountable for delivering results
Improving and investing in WorkSafe. The need for a well-funded regulator with the right capacity and capability, a clear direction and a collaborative mindset has never been greater
Clearer and more comprehensive regulations and guidance. In a fast-moving world our standards need to reflect the current context and be kept up to date.

MIL OSI

Police take further action against anti-social bike riders

LiveNews Publisher

September 8, 2025

Source: New Zealand Police

Please attribute to Senior Sergeant John Stapleford, Rotorua Road Policing Coordinator:

Rotorua Police’s ongoing operation targeting illegal motorbike anti-social road users has resulted in bike seizures, as well as landing a person before the courts.

On Friday 5 September, a dirt bike was seized from a property in Tauranga, after being involved in a dangerous driving incident, and failing to stop for Police.

Police executed a search warrant on Friday morning at an address in Parkvale, where a male fled from the address on a bike. The bike travelled through Tauranga as Police maintained sight, before a report came in that a person had entered an address on Third Ave.

Police responded to that address and located the male and bike that he was seen travelling on earlier.

A 17-year-old is due to appear in the Tauranga District Court tomorrow (9 September), charged with a failing to stop, dangerous driving, escaping Police custody, resisting Police, burglary and wilful damage.

Police also seized three bikes in Rotorua this morning in relation to the ongoing operation.

A Harley Davidson was seized after it failed to stop for Police last week, as well as two Yamaha bikes which have been involved in reckless driving incidents.

Police remain committed to bringing any dangerous road user behaviour to a stop, and we continue to ask the public for their assistance.

If you witness any anti-social road user behaviour, we urge you to report it immediately by calling 111, or make a report via 105 if it is after the fact.

ENDS

Issued by Police Media Centre

MIL OSI

Tourism Sector – Southern Way campaign finalist in 2025 New Zealand Tourism Awards

LiveNews Publisher

September 8, 2025

Source: Southern Way

Celebrating Regional Unity and Marketing Innovation – Queenstown, NZ (8 September 2025) Southern Way is proud to celebrate its selection as a finalist in the prestigious New Zealand Tourism Awards 2025, under the Industry Collaboration Award category. This recognition celebrates the power of collective vision and the strength of regional partnerships in shaping the future of tourism across Aotearoa, New Zealand.

Southern Way represents a macro-regional alliance of eight Regional Tourism Organisations (RTOs) spanning the lower South Island – from Waitaki to Stewart Island, Central Otago to our smallest region Clutha, to Southland and everywhere in between. This collaboration showcases the diversity and richness of the South, inviting travellers to explore iconic landscapes, vibrant cities, and authentic local experiences.

At the heart of this achievement is the ‘One Trip to See It All’ campaign, delivered in partnership with Air New Zealand and the Southern Airport Alliance (Dunedin, Queenstown, and Invercargill Airports). The campaign promoted open-jaw and multistop travel, encouraging North Island residents to fly into one Southern Way destination, explore the region, and fly out from another.

Running from July to August 2024, the campaign generated impressive results and drove travel performance.

Mat Woods, Chief Executive of Destination Queenstown, said that being recognised as a finalist in the awards was a testament to what can be achieved when regions unite under a shared purpose.

“We’re proud to work together as a macro-region, amplifying our collective voice and showcasing the South’s extraordinary offerings. Air New Zealand’s support was instrumental in bringing this vision to life, alongside the amazing backing of our Southern Airports Alliance. This nomination reflects the strength of our partnership and the bold direction we’re heading as a united lower South Island.”

Mark Frood, GM Tourism & Events at Great South added: “The Southern Way is more than a campaign—it’s a movement that proves collaboration is our greatest asset. Together, we’re building a resilient, future-focused visitor economy that celebrates the richness of our landscapes, communities, and shared ambition.”

The winners of the 2025 New Zealand Tourism Awards will be announced at the Gala Dinner on Wednesday, 29 October. For more information about Southern Way and its regional experiences, visit Southern Way’s official website: https://southernway.nz

About the Southern Way
The Southern Way is a collective of the eight Regional Tourism Organisations (RTOs) in the lower South Island, including Dunedin, Waitaki, Wānaka, Clutha, Central Otago, Queenstown, Fiordland, and Southland. The Southern Way collective works together to further the reputation of the lower South and undertake promotional activity. It has developed a regional brand proposition that unites Otago and Southland around a shared identity and presenting a cohesive and diverse visitor offering.

www.southernway.co.nz

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