The Home Depot Announces Withdrawal and Refiling of Premerger Notification and Report Form under the HSR Act and Extension of Tender Offer to Acquire GMS Inc.

August 7, 2025

ATLANTA, Aug. 7, 2025 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot^® announced today that it has withdrawn and refiled its Premerger Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with The Home Depot’s pending acquisition of GMS Inc. (“GMS”). As previously announced on July 14, 2025, The Home Depot, through its wholly owned subsidiary Gold Acquisition Sub, Inc. (“Purchaser”), commenced an all-cash tender offer to purchase, subject to certain conditions, all of the outstanding shares of common stock of GMS (the “Shares”), at a price of $110.00 per Share in cash, without interest and subject to any required withholding of taxes pursuant to the terms of the previously announced merger agreement dated June 29, 2025, by and among The Home Depot, Purchaser and GMS (the “merger agreement”).

The Home Depot has elected to withdraw and refile its Premerger Notification and Report Form, which was initially filed on July 21, 2025, to provide the Antitrust Division of the U.S. Department of Justice with additional time for review. Upon such refiling, the waiting period under the HSR Act restarted and the new waiting period will expire at 11:59 p.m. Eastern time on August 22, 2025.

Consummation of the tender offer remains subject to, among other conditions, the expiration or termination of the applicable waiting period under the HSR Act. As a result, Purchaser is extending the tender offer, which was previously scheduled to expire at one minute after 11:59 p.m. Eastern time on Friday, August 8, 2025, until one minute after 11:59 p.m. Eastern time on Friday, August 22, 2025. The tender offer may be extended further in accordance with the merger agreement and the applicable rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). All other terms and conditions of the tender offer will remain unchanged during the extended period.

Broadridge Corporate Issuer Solutions, LLC, the depositary for the tender offer, has advised Purchaser that, as of 4:30 p.m. Eastern time on Wednesday, August 6, 2025, the last business day prior to the announcement of the extension of the tender offer, approximately 13,208,330 Shares have been validly tendered and not properly withdrawn pursuant to the tender offer, representing approximately 34.7% of the outstanding Shares. Stockholders who have already tendered their shares do not need to retender such shares or take any other action as a result of the extension of the tender offer.

D.F. King & Co., Inc. is acting as the information agent for the tender offer. Requests for documents and questions regarding the tender offer may be directed to D.F. King & Co., Inc. by telephone, toll-free at (800) 331-7543 for shareholders, or collect at (212) 771-1133 for banks and brokers.

About The Home Depot

The Home Depot is the world’s largest home improvement specialty retailer. The company operates more than 2,350 retail stores, over 800 branches and more than 325 distribution centers that directly fulfill customer orders across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs over 470,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Additional Information and Where to Find It

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell securities of GMS Inc. (“GMS”). The Home Depot, Inc. (“The Home Depot”) and its indirect, wholly owned subsidiary, Gold Acquisition Sub, Inc., have filed a tender offer statement on Schedule TO with the U.S. Securities and Exchange Commission (the “SEC”), containing an Offer to Purchase all of the outstanding shares of common stock, related Letter of Transmittal and other related documents, and GMS has filed a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC with respect to the tender offer. HOLDERS OF SHARES OF GMS ARE URGED TO CAREFULLY READ THE RELEVANT TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, THE RELATED LETTER OF TRANSMITTAL AND OTHER TENDER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 BECAUSE THEY CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF GMS SECURITIES SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SECURITIES. The Offer to Purchase, the related Letter of Transmittal and other tender offer documents, as well as the Solicitation/Recommendation Statement, are available to all holders of GMS stock at no expense to them. The tender offer materials and the Solicitation/Recommendation Statement are available for free at the SEC’s website at www.sec.gov. Additional copies may be obtained for free by contacting The Home Depot or GMS. Copies of the documents filed with the SEC by GMS are available free of charge on GMS’s internet website at https://investor.gms.com. Copies of the documents filed with the SEC by The Home Depot are available free of charge on The Home Depot’s internet website at https://ir.homedepot.com/ or by contacting The Home Depot’s Investor Relations Department at (770) 384-2871.

In addition to the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, The Home Depot and GMS each file annual, quarterly and current reports and other information with the SEC. The Home Depot and GMS’s filings with the SEC are also available to the public from commercial document-retrieval services and at the website maintained by the SEC at http://www.sec.gov.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained herein constitute “forward-looking statements” as defined in the federal securities laws. Forward-looking statements are based on currently available information and current assumptions, expectations and projections of The Home Depot (collectively with its subsidiaries unless the context otherwise indicates, the “Company”) about future events, and may use words such as “may,” “will,” “could,” “should,” “would,” “anticipate,” “intend,” “estimate,” “project,” “plan,” “believe,” “expect,” “target,” “prospects,” “potential,” “commit” and “forecast,” or words of similar import or meaning or refer to future time periods. Forward-looking statements may relate to, among other things, the proposed acquisition of GMS (the “potential acquisition”); the potential benefits of the potential acquisition, including with respect to future financial performance; the anticipated timing of closing of the potential acquisition (including to obtain necessary regulatory approvals); and the anticipated funding for the potential acquisition. Forward-looking statements are subject to substantial risks and uncertainties, including, but not limited to, the following: the possibility that the potential acquisition does not close on the anticipated timeframe or at all (including failure to obtain necessary regulatory approvals and uncertainties as to how many of GMS’s stockholders will tender their shares in the tender offer); risks related to the ability to realize the anticipated benefits of the potential acquisition, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; the risk that the businesses will not be integrated successfully; disruption from the potential acquisition making it more difficult to maintain business and operational relationships; negative effects of announcing the potential acquisition or the consummation of the potential acquisition on the market price of the Company’s or GMS’s common stock, credit ratings or operating results or on relationships with customers, suppliers and other counterparties; significant costs associated with the potential acquisition; unknown liabilities; the risk of litigation and/or regulatory actions related to the potential acquisition; the demand for the Company’s or GMS’s products and services, including as a result of macroeconomic conditions and changing customer preferences and expectations; the effects of competition; the Company’s brand and reputation; implementation of interconnected retail, store, supply chain, technology innovation and other strategic initiatives, including with respect to real estate; inventory and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer and trade credit; the impact of tariffs, trade policy changes or restrictions, or international trade disputes and efforts and ability to continue to diversify the Company’s supply chain; issues related to the payment methods the Company accepts; demand for credit offerings including trade credit; management of relationships with the Company’s associates, jobseekers, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; events that could disrupt the Company’s business, supply chain, technology infrastructure, or demand for the Company’s products and services, such as tariffs, trade policy changes or restrictions or international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, labor disputes, geopolitical conflicts, military conflicts, or acts of war; the Company’s ability to maintain a safe and secure store environment; the Company’s ability to address expectations regarding sustainability and human capital management matters and meet related goals; continuation or suspension of share repurchases; future dividends; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; the Company’s ability to issue debt on terms and at rates acceptable to the Company; the impact and expected outcome of investigations, inquiries, claims, and litigation, including compliance with related settlements; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including executive orders and other administrative or legislative actions, such as changes to tax laws and regulations; store openings and closures; and the impact of other acquired companies on the Company’s organization and the ability to recognize the anticipated benefits of any other acquisitions.

These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond the Company’s control, dependent on the actions of third parties, or currently unknown to the Company – as well as potentially inaccurate assumptions that could cause actual results to differ materially from the Company’s historical experience and its expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A. “Risk Factors,” and elsewhere in the Company’s Annual Report on Form 10-K for the fiscal year ended February 2, 2025 and also as described from time to time in reports subsequently filed by the Company with the SEC. There also may be other factors that the Company cannot anticipate or that are not described herein, generally because the Company does not currently perceive them to be material. Such factors could cause results to differ materially from the Company’s expectations. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures the Company makes on related subjects in its filings with the Securities and Exchange Commission and in its other public statements.

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SOURCE The Home Depot

CCIAP Unveils 2026 Trade Show Portfolio: A Strategic Platform for Regional Growth and Investment

August 7, 2025

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PANAMA CITY, Aug. 7, 2025 /PRNewswire-HISPANIC PR WIRE/ — The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) officially announced its portfolio of five international trade shows for 2026, scheduled to take place from March 10–12 at the Panama Convention Center. These specialized events will focus on key sectors for regional competitiveness: commerce, logistics, tourism, technology, and energy.

The upcoming exhibitions — EXPOCOMER, EXPO LOGÍSTICA PANAMÁ, EXPO TURISMO INTERNACIONAL, EXPO TECH, and EXPO ELÉCTRICA INTERNACIONAL – PANAMÁ — are designed to strengthen business connections, promote international partnerships, and create new market opportunities, leveraging Panama’s strategic geographic position and world-class infrastructure.

Juan Arias, President of CCIAP, emphasized Panama’s growing role as a hub for the MICE industry (Meetings, Incentives, Conferences and Exhibitions). “Panama has it all: strategic location, air connectivity, modern infrastructure, legal security, and skilled human capital. Most importantly, we have a private sector fully committed to turning vision into action,” he stated.

Aurelio Barría Pino, President of the 2026 Exhibitions and Events Organizing Committee, highlighted the economic impact of the 2025 editions. “Last year, we welcomed over 31,000 visitors, generated 20,000 business appointments, and facilitated more than US$156 million in commercial transactions. This resulted in an economic impact of US$45 million for the country. These figures clearly show how our expos are not only business catalysts but also strengthen Panama’s position as a strategic regional platform,” Barría Pino noted.

In addition, CCIAP confirmed that Panama will host the prestigious World of Coffee event from October 23–25, 2026 — marking the first time it will be held in a coffee-producing country in Latin America. This milestone reinforces the country’s growing reputation as an ideal destination for high-impact global events.

For more information or to participate as an exhibitor or buyer, visit www.panacamara.com or download the FeriasCCIAP app available in the App Store and Google Play.

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SOURCE Cámara de Comercio de Panamá

reVolver Podcasts Launches “HÁGALE DON JULIO” — Legendary Colombian Rock Promoter Julio Correal Tells All

August 7, 2025

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Spicy, spontaneous, and star-studded: New Spanish-language podcast dives into the wild world of Latin music, culture, and the business behind the scenes

DALLAS, Aug. 7, 2025 /PRNewswire-HISPANIC PR WIRE/ — reVolver Podcasts, the leading multicultural audio network in the U.S., proudly announces the launch of HÁGALE DON JULIO, a new podcast hosted by iconic Colombian rock concert promoter and TV personality Julio Correal. With over 40 years in the entertainment industry, Correal brings raw, hilarious, and unfiltered stories to the mic — from managing bands like Aterciopelados, to launching Rock al Parque, Latin America’s largest free rock festival, to risking it all to bring Guns N’ Roses to Bogotá in the early ’90s.

Each episode of HÁGALE DON JULIO offers a front-row seat to the unforgettable moments that have defined Latin music over the past four decades. From backstage fights to last-minute artist cancellations and the deals that nearly broke him, Julio recounts the highs and lows with unfiltered honesty and humor. Listeners will discover how rock culture shaped a generation in Latin America and hear exclusive behind-the-scenes tales involving legendary figures, outrageous tour demands, and the resilience it takes to survive in the business. Whether you’re a music fan, a culture junkie, or just love a good story, this podcast delivers a wild ride through one man’s journey at the center of the action.

“Julio Correal is a living legend in Latin American music,” said Jack Hobbs, President of reVolver Podcasts. “HÁGALE DON JULIO is more than a podcast — it’s a backstage pass into the heart of Latin rock culture, full of larger-than-life stories that only Julio could tell. We’re honored to bring his voice to our audience.”

The podcast is available in Spanish and falls under the Society & Culture, Music, and Business categories. New episodes will be released weekly on all major streaming platforms including Apple Podcasts, Spotify, Amazon Music, and the reVolver Podcasts app.

reVolver Podcasts is a leading force in digital audio content, dedicated to providing diverse, innovative, and engaging podcasts across various genres. With a commitment to inclusivity and accessibility, reVolver Podcasts continues to shape the future of digital storytelling, programming is free to millions of listeners in the U.S. and around the world across Apple Podcasts, Spotify, Pandora, Deezer, iHeartRadio app, Amazon Music, available in the reVolver Podcasts App on Roku streaming devices and at www.revolverpodcasts.com.

About reVolver Podcasts

reVolver Podcasts is the leading multicultural, audio-on-demand content creator and distributor in the U.S. Home to Erazno y La Chokolata, El Show de Piolín, The Shoboy Show, Panda Show – Picante, and Don Cheto Al Aire, plus more than 70 additional programs spanning sports, music, finance, entertainment, lifestyle, health and wellness, inspiration, news, branded content, and live events, distributed across Apple Podcasts, Spotify, Deezer, Pandora, iHeartRadio app, Amazon Music, also available in the reVolver Podcasts App on Roku streaming devices and at reVolverPodcasts.com. For more information about the company, visit www.revolverpodcasts.com.

SOURCE reVolver Podcasts

Cassia appoints Matthew Kern as next CEO

August 7, 2025

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EDINA, Minn., Aug. 7, 2025 /PRNewswire-HISPANIC PR WIRE/ — Cassia is pleased to announce Matthew Kern as its next president and Chief Executive Officer (CEO), effective October 1, 2025.

Matthew Kern, Cassia's next president and Chief Executive Officer (CEO).

“Matthew is a wonderful choice to lead Cassia into its next era,” said Chip Parks, chair of the Cassia Board of Directors. “He has demonstrated his commitment to the mission and goals of Cassia over the past eight years as well as his ability to inspire those he leads to show the same commitment. The Board is confident that Matthew will nurture our Christian culture and that he has the knowledge, skill and vision to lead Cassia in truly Serving All by Following One.”

Kern has served in the field of senior services for 25 years and joined Cassia’s executive leadership team in 2017. As Chief Operating Officer, he helped guide communities through significant challenges including the pandemic and workforce shifts. His leadership has been key to strengthening Cassia’s culture, service and financial health.

“It’s a great honor to be selected as Cassia’s next CEO,” Kern said. “I’m deeply aware of the responsibility this role carries and I’m committed to building on the foundation laid by those who came before me.”

Kern will succeed longtime CEO Bob Dahl, who is retiring after 31 years with the organization.

“Matthew is a courageous and visionary leader who loves the Cassia mission of serving older adults in the Spirit of Christ’s love,” Dahl said. “He embodies our service standards that are built on our core values. I’m excited for the future of Cassia and am confident, with Matthew’s leadership, the organization will thrive for many years to come.”

Cassia expresses deep appreciation for Dahl’s extraordinary leadership and lasting impact on the lives of older adults and their families. His legacy of compassionate care and operational excellence will continue to shape the organization’s future.

The leadership transition will take place over the coming months to support continuity and collaboration.

About Cassia

Cassia provides independent and assisted living, memory care, skilled nursing, short-term rehabilitation, adult day services and community-based programs across five states. Its mission is to foster fullness of life for older adults in the spirit of Christ’s love.

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SOURCE Cassia

TEDCO Awards $785,000 to the 2025 Maryland Makerspace Initiative Program Awardees

August 7, 2025

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14 Makerspace projects will receive funding to support growth and development

COLUMBIA, Md., Aug. 6, 2025 /PRNewswire-HISPANIC PR WIRE/ — TEDCO, Maryland’s economic engine for technology companies, announced the 2025 Maryland Makerspace Initiative Program (“Makerspace Program“) awardees. A total of nearly $785,000 in awards will span across 14 entities located in 9 counties across the state.

“Since inception, the Makerspace Program has now provided $2.4 million across 52 awards to entities across the state, supporting the continued growth of Maryland’s innovation ecosystem,” said Terry Rauh, chief finance and operations officer at TEDCO. “We are hopeful that these 14 awardees will continue to advance the innovation capabilities within their communities.”

What is the Makerspace Program?
Created through legislation passed by the Maryland General Assembly, the Makerspace Program provides grants of up to $100,000 and technical assistance for qualified entities looking to establish a new Makerspace, expand an existing Makerspace, or develop Makerspace programming. The goal is to grow a state-wide community of Makerspaces that provides entrepreneurs with access to tools, technologies and knowledge to support their growth and development as well as expand workforce training.

“Out of 25 highly competitive applications, we are pleased to announce the support for the 2025 Makerspace Program awardees,” said Justin Ferguson, innovation manager for the Venture Development department. “We are excited to see the continued interest in Makerspace growth and development across the state.”

The 14 awardees for the 2025 Makerspace Program include:

Allegany College of Maryland, located in Allegany County
Chesapeake Arts Center, located in Anne Arundel County
City Life Community Builders, located in Baltimore City
Digital Harbor Foundation, Tech Lab, located in Baltimore City
Inncuvate Community Development Partners, located in Prince George’s County
Frederick Makerspace, located in Frederick County
Makerspace of Annapolis, located in Anne Arundel County
Maryland Assistive Technology Program, located in Baltimore City
Players Philanthropy Fund (Code Super Powers), located in Prince George’s County
Rockville Science Center, located in Montgomery County
Salisbury University, Richard Bernstein Makerspace, located in Wicomico County
St. Mary’s County Library, Lexington Park Branch, located in St. Mary’s County
The SPACE: Free Art for All (E2Lab), located in Prince George’s County
Washington College, The Innovation Plant, located in Kent County

For more information about TEDCO’s Makerspace Program, visit www.tedcomd.com/makerspace.

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact

Tammi Thomas, Chief Development & Marketing Officer, TEDCO, [email protected]
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, [email protected]

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SOURCE TEDCO

Parkland Reports 2025 Second Quarter Results

August 5, 2025

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Record second quarter Adjusted EBITDA¹of $508 million

Demonstrates strength and run rate potential of Parkland’s diversified business

Advancing the Sunoco Transaction²

CALGARY, AB, Aug. 5, 2025 /PRNewswire-HISPANIC PR WIRE/ — Parkland Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX: PKI), today announced its financial and operating results for the three and six months ended June 30, 2025.

“I want to thank the Parkland team for safely serving our customers to deliver record second quarter results,” said Bob Espey, President and Chief Executive Officer. “Our Canadian and International businesses continue to demonstrate strength and resilience, while strong supply optimization coupled with solid operations at the Burnaby refinery enabled us to capture above mid-cycle refining margins. These results reflect the run rate potential of Parkland’s integrated platform and together with Sunoco, the combined scale is well positioned to grow cash flow for years to come.”

Q2 2025 Highlights

Delivered Adjusted EBITDA of $508 million, as compared to $504 million in Q2 2024, primarily driven by strong operations and margins at the Burnaby Refinery and robust performance in the Canada segment. These were partially offset by lower fuel unit margins in the International segment and continued softness in the USA segment primarily due to ongoing macroeconomic pressures.
Net earnings of $172 million ($0.99 per share, basic), as compared to $70 million ($0.40 per share, basic) in Q2 2024, and Adjusted earnings³ of $158 million ($0.91 per share, basic³), as compared to $156 million ($0.89 per share, basic) in Q2 2024.
Trailing twelve months (“TTM”) Available cash flow³ of $551 million ($3.17 per share³), as compared to $823 million ($4.69 per share) in 2024, primarily reflecting a significantly lower refining margin environment during the second half of 2024 and realized losses due to the wind down of California compliance market positions in the first quarter of 2025. TTM Cash generated from (used in) operating activities⁴ of $1,656 million ($9.52 per share⁴), as compared to $1,612 million ($9.19 per share) in 2024, reflecting favourable working capital movements in the current period.
Leverage Ratio⁵ decreased to 3.4 times (3.6 times in Q4 2024) and liquidity available⁴ of approximately $2.2 billion.
Parkland’s total recordable injury frequency rate⁶ on a TTM basis was 1.15, compared to 1.21 in Q2 2024, reflecting the Parkland team’s continued focus on operational integrity.

Q2 2025 Segment Highlights

Canada delivered Adjusted EBITDA of $190 million, as compared to $168 million in Q2 2024. The increase was primarily driven by stronger fuel unit margins from continued price and supply optimization, and volume growth in our company-owned network. We delivered company same-store volume growth (“Company SSVG”)⁶ of 4.6 percent and Food and Company C-Store same-store sales growth (“Food and Company C-Store SSSG”)³ excluding cigarettes of 4.2 percent, reflecting stronger site execution, and increased engagement though our loyalty program.
International delivered Adjusted EBITDA of $168 million, as compared to $180 million in Q2 2024. Continued strength in the retail business was more than offset by lower unit margins driven by market instability from global conflicts resulting in price volatility, particularly in diesel.
USA delivered Adjusted EBITDA of $26 million, as compared to $47 million in Q2 2024. The decrease was primarily driven by lower fuel unit margins due to an ongoing competitive pricing environment and reduced rail and regional arbitrage opportunities. Lower retail volumes, consumer spending, and foot traffic in convenience stores were consistent with broader industry trends.
Refining delivered Adjusted EBITDA of $136 million, as compared to $119 million in Q2 2024. The increase was primarily driven by higher refining margins combined with strong composite utilization⁶ of 94.0 percent.

____________________________________
⁽¹⁾	Total of segments measure. See “Measures of Segment Profit(Loss) and Total of Segments Measures” section of this news release.
⁽²⁾	On May 5, 2025, Parkland and Sunoco LP (NYSE: SUN) (“Sunoco”) announced that they entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately U.S.$9.1 billion, including assumed debt (the “Sunoco Transaction”).
⁽³⁾	Non-GAAP financial measure or non-GAAP financial ratio. See “Non-GAAP Financial Measures and Ratios” section of this news release.
⁽⁴⁾	Supplementary financial measure. See “Supplementary Financial Measures” section of this news release.
⁽⁵⁾	Capital management measure. See “Capital Management Measures” section of this news release.
⁽⁶⁾	Non-financial measure. See “Non-Financial Measures” section of this news release.

Update on the Sunoco Transaction

Parkland shareholders approved the Sunoco Transaction at the June 24, 2025 Annual and Special Meeting, with more than 93 percent of votes cast in favour. Following this strong shareholder endorsement, Parkland received a final order from the Court of King’s Bench of Alberta’s approval and the parties have obtained Competition Act (Canada) clearance.

The Sunoco Transaction continues to advance through the remaining regulatory review processes and other closing conditions, including the ongoing review under the Investment Canada Act, and is expected to close in the fourth quarter of 2025.

The Company will terminate its Dividend Reinvestment Plan (“DRIP”) effective August 6, 2025. The DRIP has been suspended since November 2, 2022.

2025 Guidance

Following strong second quarter 2025 operating and financial results, Parkland remains on track to be within its previously stated 2025 Adjusted EBITDA Guidance⁴ range of $1,800 to $2,100 million and 2025 Capital Expenditure Guidance⁴ range of $475 to $525 million.

Due to expected transaction-related costs and certain restrictions associated with the Sunoco Transaction, and to simplify external guidance, Parkland will no longer provide updates with respect to its 2025 Available cash flow per share, 2025 Leverage Ratio, non-core asset divestment program from 2023 to 2025 and 2025 Adjusted EBITDA for its Refining segment.

Consolidated Financial Overview

($ millions, unless otherwise noted)	Three months ended June 30,
Financial Summary	2025	2024
Sales and operating revenue	6,874	7,504
Adjusted EBITDA⁽¹⁾	508	504
Canada⁽²⁾⁽³⁾	190	168
International⁽²⁾⁽³⁾	168	180
USA⁽²⁾⁽³⁾	26	47
Refining⁽²⁾⁽³⁾	136	119
Corporate⁽²⁾⁽³⁾	(12)	(10)
Net earnings (loss)	172	70
Net earnings (loss) per share – basic ($ per share)	0.99	0.40
Net earnings (loss) per share – diluted ($ per share)	0.97	0.39
Trailing twelve months (“TTM”) Cash generated from (used in) operating activities⁽⁴⁾	1,656	1,612
TTM Cash generated from (used in) operating activities per share⁽⁴⁾	9.52	9.19
TTM Available cash flow⁽⁵⁾⁽⁶⁾	551	823
TTM Available cash flow per share⁽⁵⁾⁽⁶⁾	3.17	4.69
TTM ROIC⁽⁶⁾	7.7 %	9.0 %

⁽¹⁾	Total of segments measure. See “Measures of Segment Profit (Loss) and Total of Segments Measures” section of this news release.
⁽²⁾	For comparative purposes, certain amounts in 2024 were revised to conform to the presentation used in the current period with respect to the allocation of Corporate costs. See Note 2d of the Interim Condensed Consolidated Financial Statements for further details
⁽³⁾	Measure of segment profit (loss). See “Measures of Segment Profit (Loss) and Total of Segments Measures” section of this news release.
⁽⁴⁾	Supplementary financial measure. See “Supplementary Financial Measures” section of this news release.
⁽⁵⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management with no changes to Adjusted EBITDA or net earnings to conform to the presentation used in the current period.
⁽⁶⁾	Non-GAAP financial measure or non-GAAP financial ratio. See “Non-GAAP Financial Measures and Ratios” section of this news release.

MD&A and Annual Consolidated Financial Statements

The Management’s Discussion and Analysis for the three and six months ended June 30, 2025 (the “Q2 2025 MD&A”) and Interim Condensed Consolidated Financial Statements for the three and six months ended June 30, 2025 (the “Q2 2025 Condensed Consolidated Financial Statements”) provide a detailed explanation of Parkland’s operating results for the three and six months ended June 30, 2025. An English version of these documents will be available online at www.parkland.ca and the System for Electronic Data Analysis and Retrieval+ (“SEDAR+”) after the results are released by newswire under Parkland’s profile at www.sedarplus.ca. The French versions of the Q2 2025 MD&A and the Q2 2025 Condensed Consolidated Financial Statements will be posted to www.parkland.ca and SEDAR+ as soon as they become available.

About Parkland Corporation

Parkland is a leading international fuel distributor, marketer, and convenience retailer with safe and reliable operations in 26 countries across the Americas. Our retail network meets the fuel and convenience needs of everyday consumers. Our commercial operations provide businesses with fuel to operate, complete projects and better serve their customers. In addition to meeting our customers’ needs for essential fuels, Parkland provides a range of choices to help them lower their environmental impact, including manufacturing and blending renewable fuels, ultra-fast EV charging, a variety of solutions for carbon credits and renewables, and solar power. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, we have developed supply, distribution and trading capabilities to accelerate growth and business performance.

Our strategy is focused on two interconnected pillars: our Customer Advantage and our Supply Advantage. Through our Customer Advantage, we aim to be the first choice of our customers through our proprietary brands, differentiated offers, extensive network, competitive pricing, reliable service, and compelling loyalty program. Our Supply Advantage is based on achieving the lowest cost to serve among independent fuel marketers and distributors in the hard-to-serve markets in which we operate, through our well-positioned assets, significant scale, and deep supply and logistics capabilities. Our business is underpinned by our people and our values of safety, integrity, community and respect, which are embedded across our organization.

Forward-Looking Statements

Certain statements contained herein constitute forward-looking information and statements (collectively, “forward-looking statements”). When used the words “expect”, “will”, “could”, “would”, “believe”, “continue”, “pursue” and similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things: business strategies, objectives and initiatives; run rate potential of Parkland’s integrated platform; Parkland and Sunoco well positioned to grow cash flow for years to come; the Sunoco Transaction, including progress of regulatory approvals and other closing conditions and expectation to close in the fourth quarter of 2025; expected costs relating to the Sunoco Transaction; expected to remain on track to be within its 2025 Adjusted EBITDA Guidance and 2025 Capital Expenditure Guidance ranges; and the termination of the DRIP and timing thereof.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These forward-looking statements speak only as of the date of this news release. Parkland does not undertake any obligation to publicly update or revise any forward-looking statements except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to: the completion of the Sunoco Transaction, including the ability to obtain the approvals required in connection thereto, the timing thereof and realizing the benefits resulting therefrom; Parkland’s ability to successfully integrate its operations with Sunoco following the Sunoco Transaction; general economic, market and business conditions; micro and macroeconomic trends and conditions, including increases in interest rates, inflation, imposition of tariffs and fluctuating commodity prices; Parkland’s ability to execute its business objectives, projects and strategies, including the completion, financing and timing thereof, realizing the benefits therefrom, meeting our targets, outlook and commitments relating thereto, and the impact of the Sunoco Transaction thereon; ability to fall within its 2025 Adjusted EBITDA Guidance and 2025 Capital Expenditure Guidance ranges and the assumptions relating thereto; and other factors, many of which are beyond the control of Parkland and the assumptions and risks described in “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” included in Parkland’s most recently filed Annual Information Form, and in “Forward-Looking Information” and “Risk Factors” in the Q4 2024 MD&A, each as filed on SEDAR+ and available on the Parkland website at www.parkland.ca. In addition, the 2025 Adjusted EBITDA Guidance reflects continued integration of acquired businesses and synergy capture, and progression of organic growth initiatives, and key material assumptions include: market trends in line with Parkland’s current expectations; expected performance from Parkland’s retail and commercial lines of business during the 2025 financial year that is consistent with the prior year; Burnaby Refinery composite utilization of 90 to 95% based on the Burnaby Refinery’s crude processing capacity of 55,000 bpd, and completion of planned maintenance, including deferral of the previously planned turnaround to 2026; and implementation of ongoing cost reductions across the business. The 2025 Capital Expenditure Guidance is mainly driven by increased Adjusted EBITDA and assumes no material change to underlying operations and no planned turnaround at the Burnaby Refinery. The forward-looking statements contained in this news release as expressly qualified by these cautionary statements.

Specified Financial Measures

This news release contains total of segments measures, non-GAAP financial measures and non-GAAP financial ratios, supplementary financial measures and capital management measures (collectively, “specified financial measures”). Parkland’s management uses certain specified financial measures to analyze the operating and financial performance, leverage, and liquidity of the business. These specified financial measures do not have any standardized meaning under International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) and are therefore unlikely to be comparable to similar measures presented by other companies. The specified financial measures should not be considered in isolation or used in substitute for measures of performance prepared in accordance with the IFRS Accounting Standards. See Section 15 of the Q2 2025 MD&A, which is incorporated by reference into this news release, for further details regarding specified financial measures used by Parkland.

Non-GAAP Financial Measures and Ratios

Adjusted earnings (loss) is a non-GAAP financial measure and Adjusted earnings (loss) per share is a non-GAAP financial ratio, each representing the underlying core operating performance of business activities of Parkland at a consolidated level. The most directly comparable financial measure to Adjusted earnings (loss) and Adjusted earnings (loss) per share is Net earnings (loss).

Adjusted earnings (loss) and Adjusted earnings (loss) per share represent how well Parkland’s operational business is performing, while considering depreciation and amortization, interest on leases and long-term debt, accretion and other finance costs, and income taxes. The Company uses these measures because it believes that Adjusted earnings (loss) and Adjusted earnings (loss) per share are useful for management and investors in assessing the Company’s overall performance, as they exclude certain items that are not reflective of the Company’s underlying business operations.

See Section 15 of the Q2 2025 MD&A, which is incorporated by reference into this news release, for the detailed definition and composition of Adjusted earnings (loss) and Adjusted earnings (loss) per share.

Please see below for the reconciliation of Adjusted earnings (loss) to net earnings (loss) and the calculation of Adjusted earnings (loss) per share.

	Three months ended June 30,		Six months ended June 30,
($ millions, unless otherwise stated)	2025	2024	2025	2024
Net earnings (loss)	172	70	236	65
Add/(less):
Acquisition, integration and other costs	46	46	75	76
(Gain) loss on foreign exchange – unrealized	(4)	4	(9)	7
(Gain) loss on risk management and other – unrealized⁽⁴⁾	(51)	56	(48)	59
Costs related to the Sunoco Transaction	46	—	46	—
Other (gains) and losses	(70)	(1)	(89)	9
Other adjusting items⁽¹⁾⁽⁴⁾	17	8	11	26
Tax normalization⁽²⁾	2	(27)	1	(43)
Adjusted earnings (loss)	158	156	223	199
Weighted average number of common shares (million shares)⁽³⁾	174	175	174	175
Weighted average number of common shares adjusted for the effects of dilution (million shares)⁽³⁾	177	177	176	178
Adjusted earnings (loss) per share ($ per share)
Basic	0.91	0.89	1.28	1.14
Diluted	0.90	0.88	1.27	1.12

⁽¹⁾	Other adjusting items for the three months ended June 30, 2025 include: (i) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $12 million loss (2024 – $1 million loss); (ii) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $8 million (2024 – $3 million); (iii) other income of $1 million (2024 – $3 million); (iv)adjustment to foreign exchange gains and losses related to cash pooling arrangements of $4 million (2024 – $2 million); and (v) adjustment to realized risk management gains related to interest rate swaps, as these gains do not relate to commodity sale and purchase transactions, of nil (2024 – $1 million). Other adjusting items for the six months ended June 30, 2025 include: (i) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $1 million gain (2024 – $12 million loss); (ii) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $13 million (2024 – $7 million) (iii) other income of $3 million (2024 – $5 million); (iv) adjustment to foreign exchange gains and losses related to cash pooling arrangements of $4 million (2024 – $4 million); and (v) adjustment to realized risk management gains related to interest rate swaps, as these gains do not relate to commodity sale and purchase transactions, of nil (2024 – $2 million gain). For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management with no changes to Adjusted EBITDA or net earnings, to conform to the presentation used in the current period.

⁽²⁾	The tax normalization adjustment was applied to net earnings (loss) adjusting items that were considered temporary differences, such as acquisition, integration and other costs, unrealized foreign exchange gains and losses, unrealized gains and losses on risk management and other, gains and losses on asset disposals, changes in fair value of redemption options, changes in estimates of environmental provisions, loss on inventory write-downs for which there are offsetting associated risk management derivatives with unrealized gains, impairments of non-current assets and strategic transaction costs. The tax impact was estimated using the effective tax rates applicable to jurisdictions where the related items occur.

⁽³⁾	Weighted average number of common shares is calculated in accordance with Parkland’s accounting policy contained in Note 2 of the Annual Consolidated Financial Statements.

⁽⁴⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management with no changes to Adjusted earnings (loss) to conform to the presentation used in the current period.

Available cash flow is a non-GAAP financial measure and Available cash flow per share is a non-GAAP financial ratio. The most directly comparable financial measure for Available cash flow and Available cash flow per share is cash generated from (used in) operating activities. Parkland uses these measures to set targets (including annual guidance and variable compensation target) and monitor its ability to generate cash flow for capital allocation, including distributions to shareholders, investment in the growth of the business, and deleveraging. See Section 15 of the Q2 2025 MD&A, which is incorporated by reference into this news release, for the detailed definition and composition of Available cash flow and Available cash flow per share. See the following table for a calculation of historical Available cash flow and Available cash flow per share and a reconciliation to cash generated from (used in) operating activities.

	Three months ended
					Trailing twelve months ended June 30, 2025
($ millions, unless otherwise noted)	September 30, 2024	December 31, 2024	March 31, 2025	June 30, 2025	Trailing twelve months ended June 30, 2025
Cash generated from (used in) operating activities	406	462	286	502	1,656
Reverse: Change in other assets and other liabilities	(68)	80	1	(7)	6
Reverse: Net change in non-cash working capital related to operating activities⁽¹⁾	21	(180)	53	(87)	(193)
Include: Maintenance capital expenditures	(71)	(96)	(62)	(70)	(299)
Include: Dividends received from investments in associates and joint ventures	3	7	5	6	21
Include: Interest on leases and long-term debt	(85)	(87)	(89)	(83)	(344)
Include: Payments of principal amount on leases	(69)	(76)	(77)	(74)	(296)
Available cash flow	137	110	117	187	551
Weighted average number of common shares (millions)⁽²⁾					174
TTM Available cash flow per share					3.17

	Three months ended
					Trailing twelve months ended June 30, 2024
($ millions, unless otherwise noted)	September 30, 2023	December 31, 2023	March 31, 2024⁽¹⁾	June 30, 2024	Trailing twelve months ended June 30, 2024
Cash generated from (used in) operating activities	528	417	217	450	1,612
Reverse: Change in other assets and other liabilities	7	(4)	28	3	34
Reverse: Net change in non-cash working capital related to operating activities⁽¹⁾	(14)	17	55	(34)	24
Include: Maintenance capital expenditures	(52)	(93)	(59)	(53)	(257)
Include: Dividends received from investments in associates and joint ventures	4	3	2	8	17
Include: Interest on leases and long-term debt	(83)	(88)	(85)	(88)	(344)
Include: Payments on principal amount on leases	(57)	(71)	(71)	(64)	(263)
Available cash flow	333	181	87	222	823
Weighted average number of common shares (millions)⁽²⁾					175
TTM Available cash flow per share					4.69

⁽¹⁾	For comparative purposes, certain amounts within the net change in non-cash working capital related to operating activities for the three months ended March 31, 2024, were revised to conform to the current period presentation.
⁽²⁾	Weighted average number of common shares is calculated in accordance with Parkland’s accounting policy contained in Note 2 of the Annual Consolidated Financial Statements.

ROIC is a non-GAAP financial ratio. The measure is calculated as a ratio of Net operating profit after tax (“NOPAT”) divided by average invested capital. NOPAT describes the profitability of Parkland’s base operations, excluding the impact of leverage and certain other items of income and expenditure that are not considered representative of Parkland’s underlying core operating performance. NOPAT is based on Adjusted EBITDA, defined in the “Measures of Segment Profit (Loss) and Total of Segments Measures” section of this news release, less depreciation and amortization expense, including pro-forma depreciation on assets classified as held for sale, and the estimated tax expense using the expected average tax rate estimated using statutory tax rates in each jurisdiction where Parkland operates. Average invested capital is the amount of capital deployed by Parkland that represents the average of opening and closing debt, including debt liabilities classified as held for sale, as well as shareholder’s equity, including equity reserves, net of cash and cash equivalents. We use this non-GAAP measure to assess Parkland’s efficiency in investing capital.

($ millions, unless otherwise noted)	Three months ended
ROIC	September 30, 2024	December 31, 2024	March 31, 2025	June 30, 2025	Trailing twelve months ended June 30, 2025
Net earnings (loss)	91	(29)	64	172	298
Add/(less):
Income tax expense (recovery)	17	(8)	8	39	56
Acquisition, integration and other costs	61	81	29	46	217
Depreciation and amortization	207	210	202	220	839
Finance cost	96	92	99	93	380
(Gain) loss on foreign exchange – unrealized	1	(2)	(5)	(4)	(10)
(Gain) loss on risk management and other – unrealized	(48)	34	3	(51)	(62)
Costs related to the Sunoco Transaction	—	—	—	46	46
Other (gains) and losses	(1)	30	(19)	(70)	(60)
Other adjusting items	7	20	(6)	17	38
Adjusted EBITDA	431	428	375	508	1,742
Less: Depreciation and amortization	(207)	(210)	(202)	(220)	(839)
Less: Pro-forma depreciation and amortization on assets classified as held for sale	—	(7)	(7)	14	—
Adjusted EBIT	224	211	166	302	903
Average effective tax rate					21.0 %
Less: Taxes					(189)
Net operating profit after tax					714
Opening invested capital					9,362
Closing invested capital					9,201
Average invested capital					9,282
Return on invested capital					7.7 %

Invested Capital	June 30,
($ millions, unless otherwise noted)	2025	2024
Long-term debt – current portion	847	213
Long-term debt	5,618	6,275
Long-term debt in liabilities classified as held for sale⁽¹⁾	2	52
Shareholders’ equity	3,173	3,138
Exclude: Cash and cash equivalents	(439)	(316)
Total	9,201	9,362

($ millions, unless otherwise noted)	Three months ended
ROIC	September 30, 2023	December 31, 2023	March 31, 2024	June 30, 2024	Trailing twelve months ended June 30, 2024
Net earnings (loss)	230	86	(5)	70	381
Add/(less):
Income tax expense (recovery)	54	(15)	(29)	20	30
Acquisition, integration and other costs	38	42	30	46	156
Depreciation and amortization	205	222	206	202	835
Finance cost	93	89	91	99	372
(Gain) loss on foreign exchange – unrealized	1	—	3	4	8
(Gain) loss on risk management and other – unrealized⁽²⁾	(19)	28	3	56	68
Other (gains) and losses	(37)	5	10	(1)	(23)
Other adjusting items⁽²⁾	20	6	18	8	52
Adjusted EBITDA	585	463	327	504	1,879
Less: Depreciation and amortization	(205)	(222)	(206)	(202)	(835)
Less: Pro-forma depreciation and amortization on assets classified as held for sale	—	—	—	—	—
Adjusted EBIT	380	241	121	302	1,044
Average effective tax rate					19.9 %
Less: Taxes					(208)
Net operating profit after tax					836
Opening invested capital					9,191
Closing invested capital					9,362
Average invested capital					9,277
Return on invested capital					9.0 %

Invested Capital	June 30,
($ millions, unless otherwise noted)	2024	2023
Long-term debt – current portion	213	178
Long-term debt	6,275	6,278
Long-term debt in liabilities classified as held for sale⁽¹⁾	52	—
Shareholders’ equity	3,138	3,080
Exclude: Cash and cash equivalents	(316)	(345)
Total	9,362	9,191

⁽¹⁾	For comparative purposes, long-term debt in liabilities classified as held for sale were included as part of invested capital as at March 31, 2024, to conform to the current period presentation.
⁽²⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management for the three months ended March 31, 2024, with no changes to Adjusted EBITDA.

Food and Company C-Store SSSG is a non-GAAP financial ratio and refers to the period-over-period sales growth generated by retail food and convenience stores at the same Company sites. The effects of opening and closing stores, temporary closures (including closures for On the Run / Marché Express conversions), expansions of stores, renovations of stores, and stores with changes in food service models in the period are excluded to derive a comparable same-store metric. Same-store sales growth is a metric commonly used in the retail industry that provides meaningful information to investors in assessing the health and strength of Parkland’s brands and retail network, which ultimately impacts financial performance. The most directly comparable financial measure to Food and Company C-Store SSSG is food and convenience store revenue within sales and operating revenue.

Below is a reconciliation of convenience store revenue (Food and C-Store revenue) for the Canada segment with the Food and Company C-Store same store sales (“SSS”), and the calculation of the Food and Company C-Store SSSG.

	Three months ended June 30,			Six months ended June 30,
($ millions, unless otherwise noted)	2025	2024	%⁽¹⁾	2025	2024	%⁽¹⁾
Food and Company C-Store revenue	83	82		162	160
Add:
Point-of-sale (“POS”) value of goods and services sold at Food and Company C-Store operated by retailers and franchisees⁽²⁾	300	303		563	579
Less:
Rental and royalty income from retailers, franchisees and other⁽³⁾	(61)	(63)		(118)	(122)
Same Store revenue adjustments⁽⁴⁾ (excluding cigarettes)	(5)	(4)		(17)	(14)
Food and Company C-Store same-store sales (including cigarettes)	317	318	(0.3) %	590	603	(2.1) %
Less:
Same Store revenue adjustments⁽⁴⁾ (cigarettes)	(98)	(108)		(182)	(203)
Food and Company C-Store same-store sales (excluding cigarettes)	219	210	4.2 %	408	400	2.0 %




	Three months ended June 30,			Six months ended June 30,
($ millions, unless otherwise noted)	2024	2023	%⁽¹⁾	2024	2023	%⁽¹⁾
Food and Company C-Store revenue	82	79		160	149
Add:
Point-of-sale (“POS”) value of goods and services sold at Food and Company C-Store operated by retailers⁽²⁾	305	316		581	594
Less:
Rental income from retailers and other⁽³⁾	(63)	(64)		(122)	(119)
Same Store revenue adjustments⁽⁴⁾⁽⁵⁾ (excluding cigarettes)	(16)	(15)		(28)	(26)
Food and Company C-Store same-store sales (including cigarettes)	308	316	(3.0) %	591	598	(1.3) %
Less:
Same Store revenue adjustments⁽⁴⁾⁽⁵⁾ (cigarettes)	(105)	(112)		(200)	(213)
Food and Company C-Store same-store sales (excluding cigarettes)	203	204	(0.7) %	391	385	1.1 %

⁽¹⁾	Percentages are calculated based on actual amounts and are impacted by rounding.
⁽²⁾	POS values used to calculate Food and Company C-Store SSSG are not a Parkland financial measure and do not form part of Parkland’s consolidated financial statements as Parkland earns rental income from retailers in the form of a percentage rent on convenience store sales. POS values are calculated based on the information obtained from Parkland’s POS systems at retail sites, including transactional data, such as sales, costs and volumes, which are subject to internal controls over financial reporting. We also use this data to calculate rental income from retailers in the form of a percentage rent on convenience store sales, which is recorded as revenue in our consolidated financial statements.
⁽³⁾	Includes rental income from retailers in the form of a percentage rent on Food and Company C-Store sales, royalty, and franchisee fees and excludes revenues from automated teller machines, POS system licensing fees, and other.
⁽⁴⁾	This adjustment excludes the effects of acquisitions, opening and closing stores, temporary closures (including closures for On the Run / Marché Express conversions), expansions of stores, renovations of stores, and stores with changes in food service models, to derive a comparable same-store metric.
⁽⁵⁾	Excludes sales from acquisitions completed within the year as these will not impact the metric until after the completion of one year of the acquisitions when the sales or volume generated establishes the baseline for these metrics.

These non-GAAP financial measures and ratios should not be considered in isolation or used in substitute for measures of performance prepared in accordance with IFRS Accounting Standards. Except as otherwise indicated, these non-GAAP financial measures and ratios are calculated and disclosed on a consistent basis from period to period. See Section 15 of the Q2 2025 MD&A, which is incorporated by reference into this news release, for further details regarding Parkland’s non-GAAP financial measures and ratios.

Capital Management Measures

Parkland’s primary capital management measure is the Leverage Ratio, which is used internally by key management personnel to monitor Parkland’s overall financial strength, capital structure flexibility, and ability to service debt and meet current and future commitments. In order to manage its financing requirements, Parkland may adjust capital spending or dividends paid to shareholders or issue new shares or new debt. The Leverage Ratio is calculated as a ratio of Leverage Debt to Leverage EBITDA and does not have any standardized meaning prescribed under IFRS Accounting Standards. It is, therefore, unlikely to be comparable to similar measures presented by other companies. The detailed calculation of the Leverage Ratio is as follows:

($ millions, unless otherwise noted)	June 30, 2025	December 31, 2024
Leverage Debt	4,979	5,268
Leverage EBITDA	1,468	1,481
Leverage Ratio	3.4	3.6

($ millions, unless otherwise noted)	June 30, 2025	December 31, 2024
Long-term debt	6,465	6,641
Less:
Lease obligations	(1,104)	(1,054)
Cash and cash equivalents	(439)	(385)
Non-recourse debt⁽¹⁾	(55)	(30)
Risk management liability (asset)⁽²⁾	1	(30)
Add:
Non-recourse cash⁽¹⁾	35	31
Letters of credit and other	76	95
Leverage Debt	4,979	5,268

⁽¹⁾	Represents non-recourse debt and non-recourse cash balance related to project financing.
⁽²⁾	Represents the risk management asset/liability associated with the spot element of the cross-currency swap designated in a cash flow hedge relationship to hedge the variability of principal cash flows of the 2024 Senior Notes resulting from changes in the spot exchange rates.

	Three months ended				Trailing twelve months ended June 30, 2025
($ millions, unless otherwise noted)	September 30, 2024	December 31, 2024	March 31, 2025	June 30, 2025	Trailing twelve months ended June 30, 2025
Adjusted EBITDA	431	428	375	508	1,742
Share incentive compensation	6	11	8	7	32
Reverse: IFRS 16 impact⁽¹⁾	(84)	(91)	(93)	(90)	(358)
	353	348	290	425	1,416
Acquisition pro-forma adjustment⁽²⁾					6
Other adjustments⁽³⁾					46
Leverage EBITDA					1,468

⁽¹⁾	Includes the impact of operating leases prior to the adoption of IFRS 16, previously recognized under operating costs, which aligns with management’s view of the impact of earnings.
⁽²⁾	Includes the impact of pro-forma pre-acquisition EBITDA estimates based on anticipated benefits, costs and synergies from acquisitions.
⁽³⁾	Includes adjustments to normalize Adjusted EBITDA for non-recurring events relating to the unplanned shutdown at the Burnaby Refinery, and the EBITDA attributable to EV charging operations financed through non-recourse project financing.

	Three months ended				Trailing twelve months ended December 31, 2024
($ millions, unless otherwise noted)	March 31, 2024	June 30, 2024	September 30, 2024	December 31, 2024	Trailing twelve months ended December 31, 2024
Adjusted EBITDA	327	504	431	428	1,690
Share incentive compensation	6	8	6	11	31
Reverse: IFRS 16 impact⁽¹⁾	(83)	(80)	(84)	(91)	(338)
	250	432	353	348	1,383
Acquisition pro-forma adjustment⁽²⁾					11
Other adjustments⁽³⁾					87
Leverage EBITDA					1,481

⁽¹⁾	Includes the impact of operating leases prior to the adoption of IFRS 16, previously recognized under operating costs, which aligns with management’s view of the impact of earnings.
⁽²⁾	Includes the impact of pro-forma pre-acquisition EBITDA estimates based on anticipated benefits, costs and systems from acquisitions.
⁽³⁾	Includes adjustments to normalize Adjusted EBITDA for non-recurring events relating to the unplanned shutdowns at the Burnaby Refinery and the EBITDA attributable to EV charging operations financed through non recourse project financing.

Measures of Segment Profit (Loss) and Total of Segments Measures

Adjusted earnings (loss) before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) is a measure of segment profit (loss) and its aggregate is a total of segments measure used by the chief operating decision maker to make decisions about resource allocation to the segment and to assess its performance. In accordance with IFRS Accounting Standards, adjustments and eliminations made in preparing an entity’s financial statements and allocations of revenue, expenses, and gains or losses shall be included in determining reported segment profit (loss) only if they are included in the measure of the segment’s profit (loss) that is used by the chief operating decision maker. As such, Parkland’s Adjusted EBITDA is unlikely to be comparable to measures of segment profit (loss) presented by other issuers, who may calculate these measures differently. Parkland views Adjusted EBITDA as the key measure for the underlying core operating performance of business segment activities at an operational level. Adjusted EBITDA is used by management to set targets for Parkland (including annual guidance and variable compensation targets) and is used to determine Parkland’s ability to service debt, finance capital expenditures and provide for dividend payments to shareholders. See Section 15 of the Q2 2025 MD&A, which is incorporated by reference into this news release, for the detailed definition and composition of Adjusted EBITDA. Refer to the table below for the reconciliation of Adjusted EBITDA to net earnings (loss), which is the most directly comparable financial measure, for the three and six months ended June 30, 2025 and June 30, 2024.

	Three months ended June 30,		Six months ended June 30,
($ millions)	2025	2024	2025	2024
Adjusted EBITDA⁽¹⁾	508	504	883	831
Less/(add):
Acquisition, integration and other costs	46	46	75	76
Depreciation and amortization	220	202	422	408
Finance costs	93	99	192	190
(Gain) loss on foreign exchange – unrealized	(4)	4	(9)	7
(Gain) loss on risk management and other – unrealized⁽⁴⁾	(51)	56	(48)	59
Costs related to the Sunoco Transaction	46	—	46	—
Other (gains) and losses⁽²⁾	(70)	(1)	(89)	9
Other adjusting items⁽³⁾⁽⁴⁾	17	8	11	26
Income tax expense (recovery)	39	20	47	(9)
Net earnings (loss)	172	70	236	65

⁽¹⁾	Total of segments measure. See Section 15 of the Q2 MD&A.

⁽²⁾	Other (gains) and losses for the three months ended June 30, 2025, include: (i) $55 million non-cash valuation gain (2024 – $11 million loss) due to change in fair value of redemption options; (ii) $8 million non-cash valuation gain (2024 – $12 million gain) due to the change in estimates of environmental provisions; (iii) $3 million (2024 – $3 million) in other income; (iv) $3 million gain (2024 – $1 million gain) on disposal of assets; and (v) $1 million gain (2024 -$4 million loss) in others. Other (gains) and losses for the six months ended June 30, 2025, include: (i) $76 million non-cash valuation gain (2024 – $24 million loss) due to change in fair value of redemption options; (ii) $7 million (2024 – $5 million) in other income; (iii) $4 million non-cash valuation gain (2024 – $16 million gain) due to the change in estimates of environmental provisions; (iv) $2 million gain (2024 – $3 million gain) on disposal of assets; and (v) nil (2024 -$9 million loss) in others.

⁽³⁾	Other adjusting items for the three months ended June 30, 2025, include: (i) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $12 million loss (2024 – $1 million loss); (ii) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $8 million (2024 – $3 million); (iii) adjustment to foreign exchange loss related to cash pooling arrangements of $4 million (2024 – $2 million); (iv) other income of $1 million (2024 – $3 million); and (v) realized risk management gains related to interest rate swaps, as these gains do not relate to commodity sale and purchase transactions, of nil (2024 -$1 million gain). Other adjusting items for the six months ended June 30, 2025, include: (i) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $13 million (2024 – $7 million); (ii) adjustment to foreign exchange losses related to cash pooling arrangements of $4 million (2024 – $4 million); (iii) other income of $3 million (2024 – $5 million); (iv) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $1 million gain (2024 – $12 million loss); (v) realized risk management gains related to interest rate swaps, as these gains do not relate to commodity sale and purchase transactions, of nil (2024 -$2 million gain).

⁽⁴⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management for the six months ended June 30, 2024, with no changes to Net earnings (loss).

Supplementary Financial Measures

Parkland uses a number of supplementary financial measures, including TTM Cash generated from (used in) operating activities, TTM Cash generated from (used in) operating activities per share, liquidity available and Adjusted EBITDA Guidance and Capital Expenditure Guidance, to evaluate the success of our strategic objectives. These measures may not be comparable to similar measures presented by other issuers, as other issuers may calculate these measures differently. See Section 15 of the Q2 2025 MD&A, which is incorporated by reference into this news release, for further details regarding supplementary financial measures used by Parkland, including the composition of such measures.

Non-Financial Measures

Parkland uses a number of non-financial measures, including Company SSVG, composite utilization and total recordable injury frequency rate, to measure the success of our strategic objectives and to set variable compensation targets for employees, where applicable. These non-financial measures are not accounting measures, do not have comparable IFRS Accounting Standards measures, and may not be comparable to similar measures presented by other issuers, as other issuers may calculate these metrics differently. See Section 15 of the Q2 2025 MD&A, which is incorporated by reference into this news release, for further details on the non-financial measures used by Parkland.

For Further Information: Investor Inquiries: 1-855-355-1051, [email protected]; Media Inquiries: 1-855-301-5427, [email protected]

Logo – https://mma.prnewswire.com/media/2743595/Parkland_Corporation_Parkland_Reports_2025_Second_Quarter_Result.jpg

SOURCE Parkland Corporation

Legionnaires’ Disease Lawyers Retained to Investigate Central Harlem Legionnaires’ Disease Outbreak

August 5, 2025

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HARLEM, N.Y., Aug. 5, 2025 /PRNewswire-HISPANIC PR WIRE/ – Legionnaires’ disease lawyer Jory Lange and prominent Manhattan attorney Scott Harford have been retained to investigate an outbreak of Legionnaires’ disease in Central Harlem that has sickened fifty-eight people and caused the death of at least two people. The Legionnaires’ disease illnesses are clustered in five zip codes in Central Harlem: 10027, 10030, 10035, 10037, and 10039. Jory Lange and Scott Harford represent multiple people who contracted Legionnaires’ disease in the Harlem Legionnaires’ disease outbreak.

“The scary thing about Legionnaires’ disease is that it spreads through invisible water vapor. You can’t see, taste, or smell the bacteria that cause it. You can be walking by a building, breathing in water vapor, and be exposed to Legionella bacteria without even knowing it,” says Legionnaire’s disease attorney Jory Lange.

“Legionnaires’ disease is a very serious illness. Most people who get Legionnaires’ disease will require hospitalization. 1 out of every 10 people who become sick with Legionnaires’ disease will die. This is why ensuring outbreaks like this are prevented is critical,” says prominent Manhattan attorney Scott Harford.

Central Harlem Legionnaires’ Disease Investigation

New York City public health officials say they’ve tested building cooling towers in Central Harlem for Legionella bacteria. Building owners with Legionella-contaminated cooling towers have been ordered to disinfect them within 24 hours.

Legionella bacteria can grow and multiply in warm water systems, like cooling towers on top of buildings, when cooling towers are not properly maintained. Once Legionella bacteria grow in cooling towers, the cooling towers can then spread the bacteria over large areas through water vapor. People who inhale water vapor from Legionella-contaminated cooling towers can develop Legionnaires’ disease. Especially if they are over 50 years old, have lung problems, have cancer, or are immunocompromised.

Is Legionnaires’ Disease Preventable?

Yes, Legionnaires’ disease is preventable. Proper treatment and maintenance of the water in cooling towers and plumbing systems can prevent Legionella bacteria from growing and spreading.

About Legionnaires’ Disease

Legionnaires’ disease is a rare type of pneumonia with symptoms like cough, shortness of breath, chills headaches, and muscle aches. Occasionally, symptoms such as diarrhea, nausea, and confusion are experienced. Legionella become a health concern when they grow in human-made water systems. These bacteria thrive in water, especially hot water. Legionella is not spread from person to person. People become ill when they breath in mist containing the bacteria.

How a Legionnaires’ Disease Lawyer Can Help

A Legionnaires’ disease lawyer can help victims get compensation for medical bills, lost wages, and the pain and suffering that Legionnaires’ disease has caused them.

Our mission is to help families who have been harmed in Legionnaires’ disease outbreaks. And to prevent this from happening again. Legionnaires’ disease outbreaks occur when building owners fail to properly maintain their water systems. When building owners cause Legionella outbreaks, we use the law to hold them accountable.

If you or a loved one contracted Legionnaires’ disease, we can help. Call us for a free no obligation legal consultation at (833) 330-3663 or send us an e-mail here.

About the legal team:

Jory Lange and Scott Harford have worked together to get victims compensation in multiple Legionnaires’ disease outbreaks in New York.

Jory Lange with The Lange Law Firm, PLLC is one of the United States’ leading Legionnaires’ disease lawyers. Mr. Lange represents families harmed in Legionnaires’ disease outbreaks across the United States and has won millions of dollars for his clients. Jory has represented injured New Yorkers in multiple Legionnaires’ disease outbreaks in New York City.

Scott A. Harford with Harford P.C. is an accomplished personal injury plaintiffs’ attorney licensed to practice in New York and New Jersey. He has represented hundreds of individual clients located across the country harmed by pharmaceutical drugs, defective consumer products, medical devices, toxic chemicals, and Legionella bacteria.

Contacts
The Lange Law Firm, PLLC
Jory D. Lange Jr.
www.MakeFoodSafe.com
Candess Zona-Mendola
833.330.3663
[email protected]

SOURCE The Lange Law Firm

Post Heads West: New York Post Media Group Launches “The California Post”

August 5, 2025

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New Los Angeles-Based Media Venture to Bring World Class Coverage and Indispensable Reporting to California

NEW YORK, Aug. 4, 2025 /PRNewswire-HISPANIC PR WIRE/ — New York Post Media Group (NYPMG)—home of TheNew York Post, Page Six and Decider—is launching a new media venture, TheCalifornia Post, in early 2026. TheCalifornia Post will offer readers a unique and indispensable combination of fearless, common-sense journalism, celebrity and entertainment news, world class sports reporting and the legendary covers people expect from TheNew York Post—but from a distinctly Californian perspective. The California Post content will appear across multiple platforms and formats, including mobile and desktop sites, video, audio, social media and importantly, a daily print edition.

The California Post will be headquartered in Los Angeles and staffed by a robust team of tenacious editors, reporters and photographers dedicated to covering the stories that matter most to the people who live and work in the Golden State. Across print, digital and social channels, the team will chronicle the incredible state of California—a global power center of culture, sports, business and politics. TheCalifornia Post will also leverage NYPMG’s national news gathering capabilities, sharing resources with TheNew York Post and adding even more value for readers.

This new venture is launching at the right time for NYPMG, California and Los Angeles. The Post brand, influence and reach has never been stronger, with The Post Digital Network, which includes NYPost.com, PageSix.com and Decider.com, attracting 90 million unique visitors in June alone. Ninety percent of Post digital readers already live outside of the New York media market. Los Angeles is home to the second largest concentration of Post readers, with 3.5 million monthly unique visitors—and 7.3 million across the state. This new masthead further positions The Post as a true national brand, substantially increasing its profile on the West Coast. The New York Post has achieved three consecutive years of profitability beginning in Fiscal Year 2022, an impressive achievement in a challenging environment for some publishers.

NYPMG has appointed News Corp veteran Nick Papps as TheCalifornia Post‘s Editor-in-Chief. Papps has nearly two decades of editorial leadership, and has helped drive editorial and commercial success at multiple publications. He has also served as News Corp Australia’s West Coast Correspondent for nearly three years and was based in Los Angeles.

Now more than ever, Californians need a media outlet dedicated to common sense, clever coverage of the most important issues, many of which are ignored or dismissed by current print and digital outlets. Despite its vibrancy—as well as the upcoming Olympic Games and World Cup—California lacks a voice that will hold leaders to account as they attempt to tackle the most critical issues facing residents. In fact, Los Angeles is fast becoming a news desert, despite being home to nearly 13 million monthly digital news readers. Thousands of stories are going untold and countless perspectives aren’t being represented by a media ecosystem that has lost touch with the people—especially as the city and state face unprecedented challenges and leadership vacuums.

Perhaps that’s why TheNew York Post already outranks the leading LA-based publication when it comes to desktop viewership according to Comscore, and is gaining ground in every corner of the state.

“Los Angeles and California surely need a daily dose of The Post as an antidote to the jaundiced, jaded journalism that has sadly proliferated. We are at a pivotal moment for the city and the state, and there is no doubt that The Post will play a crucial role in engaging and enlightening readers, who are starved of serious reporting and puckish wit,” said News Corp Chief Executive Robert Thomson. “I am also pleased that Keith Poole’s remit is expanding, as he will now be responsible for covering not just New York, but California, the U.S., the world and, perhaps, Mars.”

“This is the next manifestation of our national brand,” said Keith Poole, Editor-in-Chief of TheNew York Post. “California is the most populous state in the country, and is the epicenter of entertainment, the AI revolution and advanced manufacturing—not to mention a sports powerhouse. Yet many stories are not being told, and many viewpoints are not being represented. With TheCalifornia Post, we will bring a common-sense, issue-based approach to metropolitan journalism. We’ll tell the stories that our readers care about the most, but others overlook, and we’ll do so with clarity and our trademark conviction, across print, digital and the platforms where audiences live today.

“I am also thrilled to welcome Nick Papps to The Post family,” continued Poole. “Nick has a keen sense for the stories that matter, an understanding of what makes Los Angeles tick and the ability to apply The Post’s unique voice to this vibrant market.”

“Our content is read everywhere from the corner store to the corner office,” added Sean Giancola, CEO of New York Post Media Group. “We are trusted by millions for our direct and plain-spoken approach to news, and TheNew York Post has been the voice of the people in New York for 200 years. California is a vibrant, dynamic market where our unique journalistic ethos will resonate and engage audiences in meaningful ways.”

The California Post will operate as a separate entity under the New York Post Media Group and will launch in early 2026.

If you are a reporter, editor or audience development professional, especially in the Los Angeles area, and looking for an opportunity to have an impact in the state of California, the team is in the process of staffing its LA-based operations. If you are interested in applying for a role at The California Post, please visit the New York Post Media Group’s Careers site: careers.nypost.com/.

About New York Post Media Group
New York Post Media Group is home to the oldest continuously-published daily newspaper in the United States, The New York Post, founded by Alexander Hamilton in 1801. Its portfolio also houses some of the nation’s premier digital destinations for news, sports and entertainment, including The California Post and fabled Page Six gossip column, a world leader in breaking celebrity news that has evolved into its own iconic and powerful brand. The Post Digital Network is composed of the flagship NYPost.com, TheCaliforniaPost.com, PageSix.com, including Page Six Style, and Decider.com, covering streaming television and movies. The New York Post Media Group is owned by News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).

SOURCE The New York Post

The Home Depot to Host Second Quarter Conference Call on August 19

August 5, 2025

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ATLANTA, Aug. 5, 2025 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot^®, the world’s largest home improvement retailer, announced today that it will hold its Second Quarter Earnings Conference Call on Tuesday, August 19, at 9 a.m. ET.

A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Second Quarter Earnings Conference Call icon. The webcast will be archived, and the replay will be available beginning at approximately noon on August 19.

The Home Depot is the world’s largest home improvement specialty retailer. The company operates more than 2,350 retail stores, over 800 branches and more than 325 distribution centers that directly fulfill customer orders across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs over 470,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Logo – https://mma.prnewswire.com/media/118058/THE_HOME_DEPOT_LOGO_v1.jpg

SOURCE The Home Depot

AT&T Data Incident Settlement Notice: $177 Million Settlement Fund for Eligible Claimants

August 4, 2025

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If your Private Information was involved and/or if you were an Account Owner or Line User whose call records were involved in the AT&T Data Incidents, you may be eligible to receive benefits from a class action Settlement.

PHILADELPHIA, Aug. 4, 2025 /PRNewswire-HISPANIC PR WIRE/ – The following statement is being issued by Kroll Settlement Administration regarding In Re: AT&T Inc. Customer Data Security Breach Litigation.

A settlement has been proposed in a class action lawsuit called In Re: AT&T Inc. Customer Data Security Breach Litigation, MDL Docket No. 3:24-md-03114-E (the “Lawsuit”), which is pending in the United States District Court for the Northern District of Texas (the “Court”). The Lawsuit alleges that AT&T specific fields were contained in a data set released on the dark web in a data incident announced on March 30, 2024 (“AT&T 1 Data Incident”) and, in a separate data incident announced on July 12, 2024, certain limited AT&T data had been unlawfully downloaded from a third-party cloud platform hosted by Snowflake, Inc. (“AT&T 2 Data Incident”) (collectively, “Data Incidents”). AT&T denies the claims alleged in the Lawsuit and denies any wrongdoing. AT&T has not been found liable of anything by any court.

Who is a Settlement Class Member?
There are two (2) subclasses that make up the Settlement Class:

AT&T 1 Settlement Class
: All living persons in the United States whose data elements were included in the AT&T 1 Data Incident, announced on March 30, 2024.
AT&T 2 Settlement Class
: All AT&T Account Owners or Line Users whose Call Records were involved in the AT&T 2 Data Incident, announced on July 12, 2024.

What does the Settlement provide?
AT&T agrees to make available two (2) Settlement Funds. The AT&T 1 Settlement Fund means a $149 million all cash fund that AT&T has agreed to pay to settle the claims arising from the AT&T 1 Data Incident. The AT&T 2 Settlement Fund means a $28 million all cash payment that AT&T has agreed to pay to settle the claims arising from the AT&T 2 Data Incident.

Settlement Class Members under the Settlement Agreement will be eligible to receive benefits based on the Settlement Class(es) they are in: (a) Documented Loss Cash Payments; or (b) a Tiered Cash Payment. Visit www.TelecomDataSettlement.com for a full description of the Settlement Class Member Benefits and documentation requirements to receive a cash payment.

How do I get a cash payment?
You must submit a Claim Form, available at www.TelecomDataSettlement.com to be eligible to receive a benefit. Your completed Claim Form must be submitted online or mailed to the Settlement Administrator at AT&T Data Incident Settlement, c/o Kroll Settlement Administration LLC, P.O. Box 5324, New York, NY 10150-5324 and postmarked, by November 18, 2025.

What are your other options?

Do Nothing: If you do nothing, you are included as a Settlement Class Member but you will not get money from the Settlement. You will be legally bound by the terms of the Settlement, and you give up any rights to sue for the claims asserted in this case.
Exclude Yourself: If you do not want to be included in the Settlement and want to keep your right to sue about the claims in the Lawsuit, you must exclude yourself, or “opt out,” by mailing a written request for exclusion to the Settlement Administrator postmarked no later than October 17, 2025. Please refer to the opt-out requirements, available at www.TelecomDataSettlement.com. If you exclude yourself, you will not get any Settlement Class Member Benefits because the Settlement no longer affects you.
Object: You can remain a Settlement Class Member but submit an objection and explain why you do not like the Settlement. Written objections must be filed with the Court no later than October 17, 2025.

When is the Final Approval Hearing?

The Court will hold a Final Approval Hearing on December 3, 2025, at 9:00 a.m. CT to consider approval of the settlement, payment to Class Counsel for attorneys’ fees of up to one-third of their respective action’s Settlement Funds (AT&T 1 Class Counsel, $49,666,666.67, and AT&T 2 Class Counsel, $9,333,333.33, respectively), plus expenses, and an award of up to $1,500 for each Class Representative. You may appear at the hearing yourself or through an attorney hired by you, at your own expense, but you don’t have to.

This is only a summary.
For more information, visit www.TelecomDataSettlement.com or call (833) 890-4930.

SOURCE Kroll Settlement Administration

CARNIVAL AND TELLURIDE SUV NAMED 2025 CATEGORY WINNERS BY NEW ENGLAND MOTOR PRESS ASSOCIATION

August 4, 2025

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Carnival and Telluride SUV named 2025 category winners by New England Motor Press Association

BOSTON, Aug. 4, 2025 /PRNewswire-HISPANIC PR WIRE/ — The 2025 Carnival MPV and 2025 Telluride SUV each received 2025 Winter Vehicle Awards from the New England Motor Press Association (NEMPA). This is the fourth time the Telluride has won a Winter Vehicle Award from the automotive media group, including three class wins for midsize SUV (2021, 2024, 2025) and an overall win for Winter SUV of the Year in 2020. This is the first class win in the minivan category for the Carnival.

The Carnival and Telluride were awarded for their all-around engineering excellence and durability in unpredictable New England climatic conditions by the journalist guild representing internet, radio, television, newspapers, and magazines from the New England region. The Telluride was named Best Midsize SUV by NEMPA, thanks to its sophisticated design and X-Pro capability.

“New England winters are the defining, real-world tests of vehicle durability, and the Carnival and Telluride each rise to the occasion as temperatures drop, and overdeliver as pacesetters in their respective segments,” said Steven Center, COO & EVP, Kia America.

“In its sophomore year on the market for the standard powertrain and inaugural model year for the hybrid, the Kia Carnival has been named our NEMPA Official Winter Minivan of the Year,” said Clifford Atiyeh, President, New England Motor Press Association. “Its MPV format artfully blends the best attributes of a minivan and an SUV. Factor in its efficient hybrid available powertrain, and you have a capable and trusted family vehicle throughout the winter season.”

Designed for the U.S. market, the Telluride is a head-turning proposition, and the 2025 Telluride carries on this success with a rugged and refined appearance. “New Englanders have loved the Telluride since it came out six years ago,” Atiyeh said. “The helpful screens, three-row seating, ample cargo space, and the X-Pro model with the all-terrain tires, all ensure that the Telluride is a winter-ready midsize SUV with capability for all seasons.

The Carnival and Telluride earned their respective awards following year-round product testing by seasoned NEMPA members in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Following extensive testing, NEMPA members voted to determine the winners in each category.

Kia America – about us

Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World’s Most Sustainable Companies of 2024. Kia serves as the “Official Automotive Partner” of the NBA and WNBA and offers a range of gasoline, hybrid, plug-in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several cars and SUVs proudly assembled in America*.

For media information, including photography, visit www.kiamedia.com . To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert

* Select trims of the 2025 all-electric EV6 and EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.

Photo – https://mma.prnewswire.com/media/2742983/Kia_America_2025_Carnival.jpg

Logo – https://mma.prnewswire.com/media/1442697/Kia_New_Logo.jpg

SOURCE Kia America

The Hidden Lung Infection Impacting Millions: World NTM Day Puts Spotlight on Awareness

August 4, 2025

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With Annual NTM Case Rates Rising, Patients and Providers Are Urged to Recognize the Symptoms and Risks

MIAMI, Aug. 4, 2025 /PRNewswire-HISPANIC PR WIRE/ — As the world prepares to observe World NTM Day on August 4, 2025, NTM Info & Research (NTMir) is calling on patients, physicians, caregivers, and policy leaders to shine a spotlight on nontuberculous mycobacterial (NTM) lung disease, a growing but underrecognized threat to global respiratory health.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/ntm-info-and-research/9346751-en-hidden-lung-infection-impacting-millions-world-ntm-day-spotlight-awareness

NTM lung disease is caused by environmental bacteria found in water and soil. While many are exposed, people with underlying lung conditions—particularly bronchiectasis—are at higher risk of infection. Alarmingly, new data show that NTM cases are rising by more than 8.2% annually, particularly among women over age 65 and individuals with chronic lung disease. The economic burden per patient can exceed $30,000 per year, underscoring the cost of delayed diagnosis and limited treatment options.

“NTM lung disease is one of the most misunderstood and misdiagnosed conditions we see today,” said Amy Leitman, JD, President of NTMir. “It doesn’t just threaten lives—it disrupts them. But the earlier we recognize the symptoms, the better our chances of preventing severe lung damage and improving patient outcomes.”

Most people diagnosed with NTM also have bronchiectasis, a condition that causes permanent damage to the airways. When combined, the diseases can lead to a vicious cycle of recurring infections, declining lung function, and years of missed opportunities for proper care.

“We want to empower people to listen to their lungs,” said Leitman. “If someone is experiencing persistent coughing, fatigue, shortness of breath, or unexplained weight loss—don’t wait. Ask your doctor if NTM could be the cause.”

World NTM Day: Raising Voices, Inspiring Action

This year’s theme, “Recognize. Respond. Rise Together,” emphasizes the critical need for:

Early diagnosis through improved screening protocols
Patient education and community engagement
Investment in research and innovation to support more effective and accessible treatments

To that end, NTMir continues to lead efforts to:

Deliver comprehensive educational resources on diagnosis, treatment, and ongoing clinical research
Support a global network of patients and caregivers through online communities and local support groups
Advocate for increased research funding and policy change to address the unmet needs of the NTM community

Visit www.WorldNTMDay.org for patient stories, educational tools, clinical trial information, and ways to take action.

How You Can Help:

Learn the symptoms and risk factors by visiting WorldNTMDay.org
Share social media posts, videos, and infographics using #WorldNTMDay2025
Join a support group or community event near you
Encourage your healthcare providers to consider NTM in patients with unexplained respiratory symptoms

Together, we can improve outcomes, expand awareness, and give a stronger voice to those living with NTM lung disease.

About NTM Info & Research (NTMir):
NTM Info & Research (NTMir) is a national 501(c)(3) non-profit organization formed on behalf of patients with pulmonary nontuberculous mycobacterial (NTM) disease for patient support, medical education and research. The organization serves patients, healthcare providers and researchers dealing with bronchiectasis and NTM. It advocates a broad agenda to promote early diagnosis, improved treatments, and research. The mission is to bring a voice to the concerns of all our constituents with government officials and agencies that guide, research, and regulate therapies developed to treat these diseases. NTM Info & Research recognizes the need for advancement in education and treatment of bronchiectasis.

About World NTM Day 2025:

World NTM Day, observed annually on August 4, is a global awareness initiative led by NTM Info & Research (NTMir) to spotlight the rising impact of nontuberculous mycobacterial (NTM) lung disease—a serious and often misunderstood condition that affects tens of thousands each year.

The 2025 theme, “Recognize. Respond. Rise Together,” underscores the urgent need to increase awareness, improve early detection, and empower patients and providers with knowledge. As NTM cases continue to climb and too many remain undiagnosed or misdiagnosed, World NTM Day calls on the global community to take action—by learning the signs, supporting those affected, and advancing research that brings hope for better outcomes.

SOURCE NTM Info & Research (NTMir)

Are You Ready Kids? From a Pineapple Under the Sea to Your Mailbox

August 2, 2025

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The pane of 16 stamps include two yellow stamps featuring SpongeBob’s face. A third stamp includes the characters Sandy Cheeks, Patrick Star, Plankton, Mr. Krabs, SpongeBob, Gary, and Squidward Tentacles. The fourth stamp shows SpongeBob and Patrick.

Stamps celebrating ‘SpongeBob SquarePants’ debut in Times Square

NEW YORK, Aug. 1, 2025 /PRNewswire-HISPANIC PR WIRE/ — The U.S. Postal Service today issued stamps celebrating Nickelodeon’s animated children’s television show “SpongeBob SquarePants” in New York City’s Times Square.

Greg Breeding, an art director for USPS who designed the stamps using artwork provided by Nickelodeon, signed autographs for customers purchasing the stamps.

Since its debut on July 17, 1999, Nickelodeon’s “SpongeBob SquarePants” animated children’s show has struck a chord with audiences of all ages. Its colorful characters, zany humor and memorable catchphrases have captured the hearts of both children and adults. The show’s unique blend of humor, wit and absurdity has made it one of the most watched cartoons in history.

The roots of “SpongeBob SquarePants” can be traced to Stephen Hillenburg, a marine biologist and animator love of marine life whose scientific and artistic passions converged to create the underwater world of Bikini Bottom. His initial idea came in the form of an educational comic book he created while working at a marine sciences center in Southern California. “The Intertidal Zone” featured anthropomorphic sea creatures, including a sponge, living in an underwater town. This concept later served as the foundation for the show’s unique setting and characters.

“SpongeBob SquarePants” quickly became a hit, leaving an indelible mark on popular culture. In addition to its many catchphrases and memorable moments, the show’s merchandise became a staple of the early 2000s. From action figures and clothing to video games and lunchboxes, “SpongeBob SquarePants” merchandise flooded the market, solidifying the show’s status as a cultural fixture. In 2004, the show made the leap to the big screen with “The SpongeBob SquarePants Movie,” which received critical acclaim, furthering the franchise’s success.

Over the years, the show continued to evolve while staying true to its core charm. It expanded its universe with the introduction of new characters and explored different themes and storylines, while maintaining its creative energy and resonating with audiences. Movie sequels followed, including “The SpongeBob Movie: Sponge Out of Water” (2015) and “The SpongeBob Movie: Sponge on the Run” (2020), with a fourth theatrical release, “The SpongeBob Movie: Search for SquarePants,” slated to hit theaters later this year.

The Postal Service’s stamp program strives to appeal to a wide audience, both young and old, and is excited to bring these fun stamps to the American public. SpongeBob is widely considered nostalgic for many viewers evoking positive memories and feelings. USPS anticipates these stamps will provide the same positive feeling for senders and receivers alike.

The Forever stamps are available at Post Office locations nationwide and online at usps.com/shopstamps.

News about the stamp is being shared on social media using #SpongeBobSquarePantsStamps.

Stamp design

This pane consists of 16 stamps featuring four designs, two blue and two yellow. One blue stamp features a host of Bikini Bottom residents, including (from left) Sandy Cheeks, a science-loving squirrel who lives in an underwater dome; SpongeBob’s goofy best friend, Patrick Star; the nefarious Plankton; the greedy Mr. Krabs, owner of the Krusty Krab restaurant; SpongeBob; SpongeBob’s pet snail, Gary; and his grumpy neighbor and co-worker, Squidward Tentacles.

The other blue stamp features SpongeBob and Patrick frolicking on the sandy ocean floor. On each blue stamp, the name “SpongeBob” is written in all capitals across the top. The words “Forever” and “USA” appear on the left or right edge of the frame and along the bottom.

The two yellow stamps feature closeups of SpongeBob’s goofy smiling face. The words “USA Forever” appear along the bottom edge.

The selvage includes the title “SpongeBob SquarePants” in cartoonish, yellow-and-white, hand-drawn lettering over a blue background stamped with “Tiki” flowers. Both the lettering and graphics are typical of artwork from the show.

Greg Breeding, an art director for USPS, designed the stamps using artwork provided by Nickelodeon.

SpongeBob SquarePants stamps are being issued as Forever stamps and will always be equal in value to the current First-Class Mail 1-ounce rate.

A video about the stamps will be posted after today’s event on the Postal Service’s Facebook page at facebook.com/USPS and on X, formerly known as Twitter, at x.com/usps.

Postal products

Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide. For officially licensed stamp products, shop the USPS Officially Licensed Collection on Amazon. Additional information on stamps, first-day-of-issue ceremonies and stamp-inspired products can be found at StampsForever.com.

Please Note: The United States Postal Service is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable and secure delivery of mail and packages to nearly 169 million addresses six and often seven days a week. Overseen by a bipartisan Board of Governors, the Postal Service is implementing a 10-year transformation plan, Delivering for America, to modernize the postal network, restore long-term financial sustainability, dramatically improve service across all mail and shipping categories, and maintain the organization as one of America’s most valued and trusted brands.

The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

For USPS media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on X, formerly known as Twitter; Facebook; Instagram; Pinterest; Threads; and LinkedIn. Subscribe to the USPS YouTube Channel. For more information about the Postal Service, visit usps.com and facts.usps.com.

National contact: Albert Ruiz
[email protected]

Local contact: Xavier Hernandez
xavier.c.hernandez@usps.gov
usps.com/news

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SOURCE U.S. Postal Service

Mazda Reports July Results

August 2, 2025

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Mazda North American Operations is headquartered in Irvine, Calif., and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States and Mexico through nearly 700 dealers. Operations in Mexico are managed by Mazda Motor de Mexico in Mexico City. For more information on Mazda vehicles, including photography and B-roll, please visit the online Mazda media center at www.mazdausamedia.com.

IRVINE, Calif., Aug. 1, 2025 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (MNAO) today reported total July sales of 45,057 vehicles; an increase of 13 percent compared to July 2024. Year-to-date sales totaled 255,355 vehicles sold; an increase of 5.4 percent compared to the same time last year. With 26 selling days in July, compared to 25 the year prior, the company posted an increase of 8.7 percent on a Daily Selling Rate (DSR) basis.

CPO sales totaled 6,268 vehicles in July, a decrease of 6 percent compared to July 2024. Year-to-date sales totaled 43,337; which is level compared to the same time last year.

Mazda Canada, Inc., (MCI) reported July sales of 6,951 vehicles, an increase of 14.6 percent compared to last year. Year-to-date sales totaled 47,747 vehicles sold; an increase of 19.5 percent compared to the same time last year.

Mazda Motor de Mexico (MMdM) reported July sales of 9,803 vehicles; an increase of 17 percent compared to last year. Year-to-date sales totaled 59,712 vehicles sold; an increase of 13 percent compared to the same time last year.

About Mazda North American Operations
Proudly founded in Hiroshima, Japan, Mazda has a history of sophisticated craftsmanship and innovation, and a purpose to enrich life-in-motion for those it serves. By putting humans at the center of everything it does, Mazda aspires to create uplifting experiences with our vehicles and for people. Mazda North American Operations is headquartered in Irvine, California, and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States, Canada, Mexico and Colombia through approximately 795 dealers. Operations in Canada are managed by Mazda Canada Inc. in Richmond Hill, Ontario; operations in Mexico are managed by Mazda Motor de Mexico in Mexico City; and operations in Colombia are managed by Mazda de Colombia in Bogota, Colombia. For more information on Mazda vehicles, including photography and B-roll, please visit the online Mazda media center at news.mazdausa.com.

Follow @MazdaUSA on social media: Facebook, Instagram, X, YouTube, and Threads.


	Month-To-Date				Year-To-Date

	July	July	YOY %	% MTD	July	July	YOY %	% MTD
	2025	2024	Change	DSR	2025	2024	Change	DSR

Mazda3	2,082	3,959	(47.4) %	(49.4) %	19,028	21,786	(12.7) %	(12.2) %
Mazda 3 Sdn	1,453	2,320	(37.4) %	(39.8) %	13501	12,509	7.9 %	8.5 %
Mazda 3 HB	629	1,639	(61.6) %	(63.1) %	5527	9,277	(40.4) %	(40.1) %

Mazda6	0	0	–	–	0	0	–	–

MX-5 Miata	1,163	504	130.8 %	121.9 %	5,935	4,508	31.7 %	32.4 %
MX-5	500	290	72.4 %	65.8 %	3060	2,036	50.3 %	51.1 %
MXR	663	214	209.8 %	197.9 %	2875	2,472	16.3 %	17.0 %

CX-3	–	0	–	–	–	0	–	–
CX-30	4,124	8,679	(52.5) %	(54.3) %	39112	59,901	(34.7) %	(34.3) %
CX-5	15,539	12,430	25.0 %	20.2 %	85799	82,644	3.8 %	4.4 %
CX-9	–	0	–	–	–	4	–	–
CX-50 TTL	13,810	8,047	71.6 %	65.0 %	60,724	43,244	40.4 %	41.2 %
MX-30	0	0	–	–	–	0	–	–
CX-70 TTL	1,600	917	74.5 %	67.8 %	9958	1976	403.9 %	–
CX-90 TTL	6,739	5,330	26.4 %	21.6 %	34799	28289	23.0 %	23.7 %
CARS	3,245	4,463	(27.3) %	(30.1) %	24,963	26,294	(5.1) %	(4.5) %
TRUCKS	41,812	35,403	18.1 %	13.6 %	230,392	216,058	6.6 %	7.2 %

TOTAL	45,057	39,866	13.0 %	8.7 %	255,355	242,352	5.4 %	6.0 %


*Selling Days	26	25			178	179

Logo – https://mma.prnewswire.com/media/53154/mazda_north_american_operations_logo.jpg

SOURCE Mazda North American Operations

KIA AMERICA POSTS 12 PERCENT YEAR-OVER-YEAR SALES INCREASE IN JULY

August 1, 2025

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KIA AMERICA POSTS 12 PERCENT YEAR-OVER-YEAR SALES INCREASE IN JULY

July retail sales at Kia dealerships increased 9 percent year-over-year, achieving best-ever July result
Year-to-date Kia sales are up 8 percent over 2024’s all-time record pace
Carnival, Sportage, Telluride achieved highest-ever July sales

IRVINE, Calif., Aug. 1, 2025 /PRNewswire-HISPANIC PR WIRE/ — Kia America delivered total sales of 71,123 units in July, marking a 12 percent increase over the same period last year. In addition, sales through Kia retailers in July increased 9 percent year-over-year, while electrified and SUV models achieved double digit sales growth over July 2024 – up 14 and 12 percent, respectively.

The newly launched 2026 EV9 recorded strong performance in July with 1,737 units sold – marking a 90 percent increase compared to the previous month. Other electric models such as the EV6 and Niro EV also maintained strong momentum, driving growth across Kia’s entire electrified lineup.

Notably, key models including Soul (+36 percent); Carnival (+30 percent); K5 (+25 percent); Telluride (+15 percent); Sportage (+14 percent) and Sorento (+11 percent) saw double-digit sales increases over July 2024 – with Carnival, Sportage, and Telluride achieving their best-ever July sales performances.

“Kia is steadily progressing toward its highest annual sales record and an all-time high market share, fueled by record-breaking consumer sales growth,” said Eric Watson, vice-president, sales operations, Kia America. “As our SUV lineup maintains double-digit growth month after month, we recently rolled out a new ad campaign for the 2026 Sportage, which offers the ideal combination of efficiency and capability. As Kia’s longest-running nameplate, our customers have a strong sense of connection to Sportage, and we are fostering similar connections between our customers and other models.”

In addition to the monthly sales performance, Kia America also announced initiatives, including:

The opening of the Kia Connected Home™ display at the world-renowned Kia Forum in Los Angeles. The Kia Connected Home is a sophisticated showcase of how Kia’s flagship EV9 can power and connect with residential spaces through innovative energy capabilities. The EV9 features vehicle-to-home (V2H)¹ functionality which – in properly equipped homes – can enable energy transfer from vehicle to home, keeping lights on and appliances running during outages or peak energy times². This display will be open through January 2026.
Kia America debuted a new two-part creative campaign for the 2026 Sportage SUV that highlighted the joy, adventure and excitement of the classic American road-trip. As the fast-growing brand’s longest-running nameplate, the popular Kia Sportage was recently updated to include a dynamic exterior design featuring a broad, upright grille and a tech-forward cabin with advanced wireless connectivity.
In collaboration with Central Texas Kia Dealers, Kia America announced a $100,000 donation to the American Red Cross for the ongoing relief in communities impacted by the recent floods across the state of Texas.

	MONTH OF JULY		JULY YTD
Model	2025	2024	2025	2024
EV9	1,737	1,815	6,675	11,486
EV6	1,290	1,547	7,165	12,488
K4/Forte	11,188	10,448	86,723	80,921
K5	5,879	4,713	40,444	17,520
Soul	4,665	3,428	30,791	31,893
Niro	2,751	2,674	14,539	20,776
Seltos	4,917	5,481	29,856	38,267
Sportage	14,392	12,628	101,564	92,481
Sorento	7,965	7,206	58,884	53,869
Telluride	10,411	9,082	71,913	62,782
Carnival	5,928	4,557	39,080	25,640
Total	71,123	63,580	487,634	450,040

Kia America – about us

Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World’s Most Sustainable Companies of 2024. Kia serves as the “Official Automotive Partner” of the NBA and WNBA and offers a range of gasoline, hybrid, plug-in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several cars and SUVs proudly assembled in America*.

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert

* Select trims of the 2025 all-electric EV6 and EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.

¹	V2H requires separately sold additional equipment, which are currently not available for purchase. May not be compatible with all devices and homes. Permits and special permissions may be required and may not be available in all areas.
²	Requires a Wallbox Power Recovery Unit (sold separately) for backup power functionality during power outage situations

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SOURCE Kia America

From the U.S. to Argentina, twelve leaders highlight IICA’s experience and work in the fields of science, health and cooperation in the Americas

August 1, 2025

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SAN JOSE, Costa Rica, July 31, 2025 /PRNewswire-HISPANIC PR WIRE/ — A dozen business, political, diplomatic, academic and social leaders from the Americas signed a letter highlighting the efforts undertaken by the Inter-American Institute for Cooperation on Agriculture (IICA) to drive agricultural production and trade, support farmers and guarantee food security in the region.

Senator Tereza Cristina, former Minister of Agriculture of Brazil; Ambassador Kip Tom, agricultural producer and Vice Chair of Rural Policy at the America First Policy Institute; Ambassador Kevin Edward Moley, former Assistant Secretary of the Bureau of International Organization Affairs of the U.S. Department of State; Roberto Perosa, President of the Brazilian Meat Exporters’ Association; Gustavo Idígoras, President of CIARA-CEC and the Argentinian Agroindustrial Chamber; Hipólito Mejía, former President of the Dominican Republic; Susana Balbo, Argentinian businesswoman and oenologist; Jack Bobo, Executive Director of the Rothman Family Institute for Food Studies at the University of California, Los Angeles; Chelston Brathwaite, Director General Emeritus of IICA and former Senator of the Parliament of Barbados; Rattan Lal, professor at The Ohio State University and World Food Prize laureate; Mari Llorens, livestock businesswoman from Paraguay; and Keithlin Caroo-Afrifa, Executive Director of Helen’s Daughte

The letter underscores the importance and achievements of IICA’s actions. It also describes the Institute’s history promoting scientific and technological advancements since its creation at the Inter-American Conference of Agriculture, held in 1942 in Maryland, United States, to discuss the repercussions of World War II on trade and production.

“After World War II, IICA supported the scientific and technological innovations of the ‘Green Revolution’, which largely emerged in the Americas. Those technological advances led to remarkable declines in hunger worldwide and were the foundation for the emergence of the continent as the leading net food exporting region, becoming a crucial anchor for global food security”, states the letter.

The letter was signed, among others, by Senator Tereza Cristina, former Minister of Agriculture of Brazil; Ambassador Kip Tom, Vice Chair of Rural Policy at the America First Policy Institute (AFPI); Ambassador Kevin Edward Moley, former Assistant Secretary of the Bureau of International Organization Affairs of the U.S. Department of State; and Roberto Perosa, President of the Brazilian Meat Exporters’ Association (ABIEC).

Gustavo Idígoras, President of CIARA-CEC and the Argentinian Agroindustrial Chamber; Hipólito Mejía, former President of the Dominican Republic; Susana Balbo, Argentinian businesswoman and oenologist; Jack Bobo, Executive Director of the Rothman Family Institute for Food Studies at the University of California, Los Angeles (UCLA); Chelston Brathwaite, Director General Emeritus of IICA and former Senator of the Parliament of Barbados; Rattan Lal, professor at The Ohio State University and World Food Prize laureate; Mari Llorens, livestock businesswoman from Paraguay; and Keithlin Caroo-Afrifa, Executive Director of Helen’s Daughters Inc., also signed the letter.

“One of the Institute’s distinctive strengths is its ability to facilitate cooperation among different sectors. In a context where agricultural and food challenges increasingly require coordination among the public sector, farmers, private enterprises, academia, civil society, and international organizations, IICA is uniquely positioned to provide a neutral and credible institutional space for substantive dialogue”, adds the letter.

The letter goes on to note that IICA has consistently advocated for science-based trade practices to counter non–tariff barriers that limit agricultural exports from the Americas. It explains that the Institute also supports countries in implementing scientifically grounded standards and systems to combat animal and plant diseases in the Americas, as exemplified by its efforts to mitigate the transboundary movement of the New World screwworm (NWS) between Mexico and the United States.

In the letter, the signatories state that “Strengthening the role of IICA is a strategic decision. It involves investing in integrated technical solutions, promoting science as an ally of agricultural production, and reinforcing the Americas’ capacity to respond to global challenges with innovation, improving animal and plant health, while promoting policies that facilitate production, diversified and fair agricultural trade, the private sector and markets, and the well-being of rural populations on our continent”.

The full letter and list of signatories is included below:

The Inter-American Institute for Cooperation on Agriculture (IICA) and the new frontier for agriculture in the Americas

Countries in the Americas have a long history of collaboration for the promotion of scientific and technological progress to improve agricultural production and trade, helping farmers and rural development and ensuring food security and nutrition in the Continent. Two notable moments of regional collaboration were the 1930 First Inter-American Conference on Agriculture that took place in Washington, D.C. to address the production and trade problems caused by the Great Depression; and then the 1942 Inter-American Conference on Agriculture held in Maryland, USA, to deal with the trade and production disruptions created by WWII. One of the outcomes of this last conference was the creation of the Inter-American Institute for Cooperation on Agriculture (IICA) to foster agricultural research, education, and technical cooperation, applying scientific advances to improve productivity, pest control, crop yields, and rural development, and thus ensuring food security and economic growth.

In other words, IICA was created to collectively address specific technical problems in agriculture and rural development affecting the farmers and people of the Americas. In the more than 82 years of its existence, IICA has worked with governments, farmers, and the private sector of the continent to do just that.

After World War II, IICA supported the scientific and technological innovations of the “Green Revolution,” which largely emerged in the Americas. Those technological advances led to remarkable declines in hunger worldwide and were the foundation for the emergence of the continent as the leading net food exporting region, becoming a crucial anchor for global food security.

One of the Institute’s distinctive strengths is its ability to facilitate cooperation among different sectors. In a context where agricultural and food challenges increasingly require coordination among the public sector, farmers, private enterprises, academia, civil society, and international organizations, the IICA is uniquely positioned to provide a neutral and credible institutional space for substantive dialogue. The case of the Continental Alliance for Food Security and Sustainable Development is a great example: more than 200 public and private partners are working together on hemispheric challenges, such as food and nutrition security, agro-environmental resilience, agricultural trade, transparent regulatory frameworks, and rural development.

IICA’s role in bringing together the Americas for agricultural diplomacy was also demonstrated at various global forums, including the 2021 UN Summit on Food Systems, where the Institute facilitated the development of collective positions that strengthened the region’s voice at the global level. In this and other instances, the Institute has consistently advocated for science-based trade practices to counter capricious non–tariff barriers that unfairly limit agricultural exports from the Americas.

IICA has been also supporting countries to implement scientifically grounded standards and systems to prevent animal and plant diseases in the Americas. A recent example has been the technical and financial support to screwworm eradication and mitigation of transboundary movements between Mexico and the US. IICA coordinates the Agricultural Health and Food Safety (AHFS) network and the Regional “One Health” Group, addressing other regional challenges such avian flu, fruit fly, and foot and mouth disease.

In partnership with large private sector companies and under the principle of “turning science into action,” it achieved significant results in soil restoration through its Living Soils of the Americas program, with the Lal Carbon Center at Ohio State University.

Following the priorities of its member countries, from the recent Small Family Farmers Policy of the USDA to similar approaches in many other countries, IICA supports family farmers, helping them adapt to specific threats such as soil erosion, droughts, and extreme heat, and promote sensible environmental approaches to enhance resilience and strengthen disaster prevention.

Another important area of IICA’s work relates to biofuels and the bioeconomy, where it has brought together farmers and private companies to help expand access to affordable, reliable and secure energy, and create other production and employment opportunities.

By strengthening rural economies, expanding income opportunities, and building farmers’ resilience to extreme weather events, these programs also tackle some of the root causes of internal and international migration and displacement of population, diminishing the negative impacts on other countries of the Americas.

IICA has promoted production diversification as well, to ensure the affordability of healthy diets and to combat the growing problem of obesity and related diseases, which has led to a series of initiatives in the Americas, from the labeling requirements in Chile, Uruguay and other countries to the US initiative to “Make America Healthy Again.”

Given the multiple challenges and shocks to agriculture and food production and recognizing the concerns about the effectiveness of multilateral institutions and the limitations in financial resources, IICA has continued to prioritize technical assistance focusing consistently on its core responsibilities. It has become a model of efficient, agile, demand-driven, and results-oriented technical cooperation, with strong credibility and recognized influence in regional and global discussions on agriculture, food security, and rural development. And it has performed its functions always hiring the best qualified people, without discrimination of any type; promoting cooperation and the joint work of governments and the private sector; and responsibly managing budgets and resources with transparency and accountability.

Strengthening the role of IICA is a strategic decision. It involves investing in integrated technical solutions, promoting science as an ally of agricultural production, and reinforcing the Americas’ capacity to respond to global challenges with innovation, improving animal and plant health, while promoting policies that facilitate production, diversified and fair agricultural trade, the private sector and markets, and the well-being of rural populations on our continent. With the support of IICA and other partners, farmers in the Americas will continue to feed the population of our continent and will be a fundamental pillar of global food security as the world’s leading net food exporter.

Susana Balbo
IICA Goodwill Ambassador for Rural Youth Issues

Jack Bobo
Executive Director of the Rothman Family Institute for Food Studies at the University of California, Los Angeles (UCLA)
IICA Chair in Global Food Security and Agricultural Innovation.

Chelston W.D. Brathwaite
Director General Emeritus of IICA
Former Senator of the Parliament of Barbados

Keithlin Caroo-Afrifa
Executive Director
Helen’s Daughters Inc.
IICA Goodwill Ambassador for Sustainable Development Issues

Senator Tereza Cristina Corrêa da Costa Dias,
Former Minister of Agriculture, Livestock and Supply, Brazil

Gustavo Idígoras
President of CIARA CEC Argentina
Argentinian Agroindustrial Council

Rattan Lal
Director, CFAES Dr. Rattan Lal Carbon Management and Sequestration Center (C-MASC)
Distinguished University Professor of Soil Science
IICA Chair in Soil Science and Goodwill Ambassador for Sustainable Development Issues

Mari Llorens
IICA Goodwill Ambassador for Sustainable Animal Production Issues
Director of the Zoological and Botanical Garden of Asunción, Paraguay

Ambassador Kevin Edward Moley (Ret)
Former Assistant Secretary for US Department of State Bureau of International Organization Affairs

Hipólito Mejía Domínguez
Former President of the Dominican Republic
IICA Goodwill Ambassador

Roberto Perosa
President
ABIEC – Brazilian Beef Exporters Association

Kip Tom
Vice Chair of Rural Policy
America First Policy Institute (AFPI)

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SOURCE Inter-American Institute for Cooperation on Agriculture (IICA)

AFFORDABLE PET HEALTHCARE PROVIDER LOW COST PET VAX LAUNCHES PET VACCINATION CLINICS IN AUSTIN, TX

August 1, 2025

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AUSTIN, TEXAS, July 31, 2025 /PRNewswire-HISPANIC PR WIRE/ – Low Cost Pet Vax®, a leading provider of affordable pet health services across Texas, is now providing affordable pet vaccinations, flea/tick prevention, heartworm testing, and more in Austin, TX.