Corporate Strategy

Petah Tikva – October 14, 2026 -- Strauss Group will present its 2027-2030 strategy to investors on Thursday, October 14, 2026, at 12:00 noon Israel time, with Company Management participating in the session at the Tel Aviv Stock Exchange.

Board approval of the strategy remains pending

The Board of Directors has not yet approved the plan, which is expected to be approved close to the conference date. Strauss states there is no assurance the strategy will be approved by that date or in its current form. Presenting it at the conference depends on that approval.

Attendance at the Tel Aviv event is capped and requires registration

Participation in the in-person conference requires advance registration, and the number of participants is limited.

Stockholm – October 12, 2026 -- Nadine Crauwels, President of Sandvik's Machining business area since 2020, is leaving the group after 26 years, with the company aiming to name a successor before the end of 2026.

Crauwels stays in post until a successor takes over

Crauwels, who joined Sandvik in 2000, will remain in her position until a replacement is in place. She will then continue for a period in an advisory role to ensure a smooth transition. Sandvik has already started the recruitment process.

Departure follows a career spanning Sandvik Coromant and Group Executive Management

Before leading the Machining business area, Crauwels held several senior leadership positions at Sandvik, including President of Sandvik Coromant. She has also been a member of the Group Executive Management.

Addison, Texas – October 08, 2026 -- Valtir, LLC has appointed Rob Scholl as Chief Executive Officer effective immediately, succeeding Nick Verska who steps down after more than 25 years with the roadway safety products manufacturer.

Scholl brings 25-plus years from aerospace, defense and equipment manufacturing sectors

Scholl's background spans general management, sales, marketing and product development, with extensive prior CEO leadership experience. Valtir said his expertise aligns profitable growth with operational execution as the company pursues what it calls significant growth opportunities in global roadway safety and infrastructure markets.

New York – October 07, 2026 -- TEN Holdings, Inc. (Nasdaq: XHLD) has relocated its corporate headquarters to 1 Rockefeller Plaza, 2nd Floor, New York, NY 10020, effective immediately, replacing its prior base in Langhorne, Pennsylvania.

Relocation follows July growth strategy tied to acquisitions and platform expansion

The move supports a growth strategy the Company outlined in July, centered on building its TEN technology platform and pursuing disciplined strategic acquisitions to expand technology capabilities, recurring revenue and market presence. TEN is a Digital Experience Platform for creating, producing, engaging, marketing and measuring digital experiences, built to scale up to 50,000 concurrent attendees, starting with enterprise events, webinars and continuing education.

Chicago – October 06, 2026 -- Doubtless, a global pet insurance and solutions organization protecting more than 6 million insured pets across 10 markets, has appointed Karl Wiley as North America Regional Leader, effective October 12, 2026.

Wiley takes over North American operations from retiring executive Kirk Haggard

Wiley succeeds Kirk Haggard, who is retiring after nearly four decades in the insurance industry, including serving as CEO of Independence Pet Holdings and playing a key role in the company's evolution into Doubtless. Haggard's tenure strengthened Doubtless' North American business and laid groundwork for the broader Doubtless launch, according to CEO Dirk Beeckman.

Doraville, Ga. – October 05, 2026 -- SEI Group LLC has acquired Greenhome Specialties, Inc., marking its first expansion into Utah and pushing its acquisition total to 17 businesses since a February 2021 recapitalization with Quad-C Management, Inc.

Greenhome brings fiberglass and spray foam installation expertise to SEI's Utah debut

Greenhome, founded in 2011 and based in West Haven, UT, installs fiberglass, spray foam and other insulation products for single-family and multi-family residential projects as well as light commercial new construction. The company operates across greater Salt Lake City, throughout Utah and in several neighboring states. Owner Kyle Tolman will remain president of Greenhome following the deal.

Houston – October 02, 2026 -- Vortex Companies has promoted Brandon Gerber from Chief Estimator to Senior Vice President, Estimating, giving him oversight of estimating and preconstruction functions across the trenchless water and sewer infrastructure rehabilitation provider.

Gerber takes on expanded leadership over bidding and preconstruction nationwide

In the new role, Gerber will report to BJ Kerstiens, EVP, Services, and work with Services division leadership and operations personnel to align bidding activity with company capacity and core capabilities. Ryan Graham, Chief Operating Officer of Vortex Companies, said estimating is critical to winning the right work, managing risk and delivering profitable projects, crediting Gerber with instilling that discipline into estimating teams across the country.

Irvine, Calif. – October 02, 2026 -- MobileX has appointed Raju Datla as Chief Financial Officer, bringing more than 25 years of telecom, infrastructure and capital markets experience to the wireless carrier as it scales distribution and its AI-driven service platform.

Datla joins from RedCloud Holdings after leading its global finance and capital markets strategy

Datla most recently served as CFO of Nasdaq-listed RedCloud Holdings (NASDAQ: RCT), overseeing finance, capital markets and the financial execution of the company's global expansion. He previously held the Chief Strategy Officer role at Tillman Fiber and was CFO and co-founder of NxtGen Datacenter & Cloud Technologies.

New York – October 02, 2026 -- Corporate dealmaking accelerated this week as Peoples Bancorp Inc. and Capital Bancorp, Inc. agreed to merge into a $14 billion-asset bank, and AT&T, T-Mobile and Verizon launched a joint venture aimed at eliminating mobile dead zones, underscoring consolidation pressure across financial services and telecommunications infrastructure.

Peoples Bancorp and Capital Bancorp combine into a $14 billion-asset institution

The merger agreement between Peoples Bancorp Inc. and Capital Bancorp, Inc. will create a combined entity with approximately $14 billion in total assets, $10 billion in total loans and $11 billion in total deposits. The new bank will operate more than 150 banking locations across eight states and Washington, D.C., alongside nationwide specialty financial services platforms.

Racine, Wis. – October 02, 2026 -- Modine (NYSE: MOD) has completed the spin-off of its Performance Technologies business and its combination with Gentherm (NASDAQ: THRM) through a Reverse Morris Trust transaction, closing a deal that valued the unit at approximately $946.4 million.

Modine receives $156 million cash distribution to cut debt

Modine received a cash distribution of approximately $156 million from Platinum SpinCo Inc., the entity that held the Performance Technologies business, with the proceeds used to repay outstanding indebtedness. The valuation of $946.4 million was calculated based on Gentherm's closing stock price on October 02, 2026.