Technology

Annual General Meeting in Hexagon AB

Published

6 days ago

April 24, 2026

STOCKHOLM, April 24, 2026 /PRNewswire/ — At the Annual General Meeting in Hexagon AB (publ) today, the following was resolved.

Election of Board of Directors and auditor

The AGM re-elected the Directors Gun Nilsson, Sofia Schörling Högberg, Märta Schörling Andreen, Erik Huggers, Annika Falkengren, Ralph Haupter, Björn Rosengren and Tomas Eliasson as ordinary board members. Ola Rollén had declined re-election. Björn Rosengren was elected Chairman of the Board.

Remuneration to the Directors shall be allocated with SEK 3,250,000 to the Chairman and SEK 900,000 to each of the other Directors elected by the AGM and not employed by the company. The Chairman of the Remuneration Committee shall receive SEK 125,000 and a member thereof SEK 90,000, and the Chairman of the Audit Committee SEK 450,000 and a member thereof SEK 335,000.

The AGM elected the accounting firm Öhrlings PricewaterhouseCoopers AB, for a period of one year, i.e. until the end of the AGM 2027, in accordance with the recommendation of the Audit Committee, whereby the accounting firm has informed that the authorised public accountant Helena Kaiser de Carolis will be appointed as auditor in charge. The auditor shall be remunerated according to agreement.

Allocation of the company’s profit

Cash dividend

In accordance with the proposal of the Board of Directors, the AGM resolved to declare a dividend of EUR 0.14 per share. Record day for the dividend was determined to 28 April 2026. Dividend settlements will be handled by Euroclear Sweden AB and the estimated settlement day is 6 May 2026.

Distribution of all shares in Octave Intelligence plc

In accordance with the proposal of the Board of Directors, the AGM resolved to distribute all shares in the wholly-owned subsidiary Octave Intelligence plc (“Octave Intelligence”), including the underlying group, to Hexagon’s shareholders, whereby ten Series A shares in Hexagon entitles to one class A ordinary share in Octave Intelligence and ten Series B shares in Hexagon entitles to one class B ordinary share in Octave Intelligence. The Board of Directors was authorized to determine the record date for the right to receive shares in Octave Intelligence.

The first day of trading in Swedish depository receipts in Octave on Nasdaq Stockholm is expected to be May 25, 2026, and delivery of Swedish depository receipts in Octave is expected to occur on May 26, 2026. The first day of trading in class B ordinary shares in Octave Intelligence on Nasdaq Global Select Market in New York (regular-way trading) is expected to occur on May 28, 2026.

Nomination Committee

The AGM re-elected Mikael Ekdahl (Melker Schörling AB) and Jan Dworsky (Swedbank Robur fonder) and elected Patricia Hedelius (AMF Pension & Fonder) and Roger T Storm (Handelsbanken Fonder) as members of the Nomination Committee in respect of the AGM 2027. The Chairman of the Board shall be co-opted to the Nomination Committee. Mikael Ekdahl was re-elected as Chairman of the Nomination Committee.

Remuneration report

The AGM resolved to approve the Board’s report regarding remuneration pursuant to Chapter 8, Section 53 a of the Swedish Companies Act for the financial year 2025.

Change of performance condition in existing performance based long-term incentive programmes

The AGM resolved, in accordance with the proposal of the Board of Directors, to amend the performance condition in the company’s existing performance based long-term incentive programmes, Share Programmes 2023/2026, 2024/2027 and 2025/2028 (the “Share Programmes”) . The resolution was adopted in light of the spin-off of Octave, as earnings per share will no longer be an equivalent performance measure after the spin-off. The amendment entails that the current performance condition (related to the development of Hexagon’s earnings per share) is replaced with a performance condition related to the growth of operating profit compared to the target level set by the Board of Directors during the measurement period as defined in each Share Programme, where the last financial year during the measurement period is compared with the financial year preceding the measurement period, with reservation for any reduction in the number of shares in accordance with the terms of each Share Programme. The other terms and conditions of the Share Programmes will remain unchanged.

Performance based long term incentive programme (Share Programme 2026/2029)

The AGM resolved, in accordance with the proposal of the Board of Directors, to implement a performance based long term share programme for 2026 (“Share Programme 2026/2029”) for the group management, division managers, senior executives and key employees within the Hexagon Group. Share Programme 2026/2029 includes a maximum of approximately 1,500 senior executives and key employees within the Hexagon Group. Participants are offered to be allocated performance awards free of charge that may entitle to Series B shares in the company provided that the performance condition related to the development of Hexagon’s adjusted earnings per share during the measurement period 1 January 2026 until 31 December 2029 is fulfilled, where the last financial year during the measurement period is compared with the financial year preceding the measurement period, with reservation for any reduction in the number of shares in accordance with the terms of Share Programme 2026/2029. The target level for the performance-based condition shall be a ten (10) per cent increase in the company’s adjusted earnings per share during the financial year 2029 compared to the financial year 2025. Adjusted earnings per share for the financial year 2025 shall be recalculated to ensure comparability following the distribution of all shares in Octave Intelligence plc. If the target level is achieved, the participants shall be entitled to receive Series B shares in the company in accordance with the terms of Share Programme 2026/2029. The Board of Directors intends to present the fulfillment of the performance-based condition in the annual report for the financial year 2029.

The Share Programme 2026/2029 is estimated to comprise maximum 4,442,657 Series B shares in total, which corresponds to approximately 0.2 per cent of the total number of outstanding shares in the company. To ensure the delivery of Series B shares under Share Programme 2026/2029, the company intends to enter into an agreement with a third party on terms in accordance with market practice, under which the third party shall, in its own name, acquire and transfer Series B shares in the company to the participants in accordance with Share Programme 2026/2029. Provided that the performance condition is fully met, the total costs for Share Programme 2026/2029 is estimated to a maximum of approximately EUR 45 million, allocated over the vesting period.

Authorization for the Board of Directors to resolve on acquisitions and transfers of own shares

The AGM resolved to authorize the Board of Directors to, on one or more occasions for the period up until the next Annual General Meeting, resolve on acquisition and transfer of Series B shares in the company. Acquisition of shares may be made at a maximum of so many Series B shares that the company’s holding does not exceed ten per cent of all shares in the company at that time. Acquisitions of shares on Nasdaq Stockholm may only occur at a price per share that does not exceed a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the shares are traded and otherwise in accordance with the terms applicable as set forth by Nasdaq Stockholm. Acquisitions may not be made at a price lower than the lowest price at which an independent acquisition can be made.

Transfer of Series B shares may be made at a maximum of ten per cent of the total number of shares in the company. A transfer may be made with deviation from the shareholders’ preferential rights on Nasdaq Stockholm as well as to third parties in connection with acquisition of a company or a business. Compensation for transferred shares can be paid in cash, through an issue in kind or a set-off. Transfers of shares on Nasdaq Stockholm may only occur at a price within the share price interval registered at that time. Transfer in connection with acquisitions may be made at a market value assessed by the Board of Directors. The purpose of the authorizations is to give the Board of Directors the opportunity to adjust the company’s capital structure and thereby contribute to increased shareholder value, to enable acquisition opportunities by financing acquisitions with the company’s own shares, and to ensure the company’s undertakings, due to share-related or share-based incentive programs (other than delivery of shares to participants in incentive programs), including social security costs.

Authorization for the Board of Directors to resolve on issues of shares, convertibles and/or warrants

The AGM resolved to authorize the Board of Directors during the period up until the next AGM to, on one or more occasions, with or without deviation from the shareholders’ preferential rights, and with or without provisions for contribution in kind, set-off or other conditions, resolve to issue Series B shares, convertibles and/or warrants (with rights to subscribe for or convert into Series B shares). By resolutions in accordance with the authorization, the number of shares may be increased by a number corresponding to a maximum of ten percent of the number of outstanding shares in the company at the time when the Board of Directors first uses the authorization. The purpose of the authorization and the reasons for a potential deviation from the shareholders’ preferential rights as set out above, is to ensure financing of acquisitions of companies, part of companies or businesses or to strengthen the company’s capital base and equity/assets ratio. Such issues may not require amendment of the Articles of Association applicable from time to time. In case of deviation from the shareholders’ preferential rights, issues by virtue of the authorization shall be made on market conditions. In accordance with the conditions set out above, the Board of Directors shall also be authorized to resolve on other terms as considered necessary by the Board of Directors to carry out the issues.

FOR MORE INFORMATION, CONTACT:

Tom Hull, Head of Investor Relations, Hexagon AB, +44 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, Hexagon AB, +46 8 601 26 26, ir@hexagon.com

The information was submitted for publication at 12:30 CEST on 24 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/annual-general-meeting-in-hexagon-ab,c4339325

The following files are available for download:

https://mb.cision.com/Main/387/4339325/4057415.pdf

Annual General Meeting 2026

View original content:https://www.prnewswire.com/news-releases/annual-general-meeting-in-hexagon-ab-302752823.html

SOURCE Hexagon

Technology

Meridian Singapore Immigration Launches New Website to Simplify the PR Application Journey for Foreigners in Singapore

Published

3 hours ago

April 30, 2026

New online platform provides clear, structured guidance for Employment Pass and S Pass holders navigating Singapore’s residency and Permanent Residency pathways

SINGAPORE, April 30, 2026 /PRNewswire/ — Meridian Singapore Immigration Pte. Ltd. has officially launched its new website at meridianimmigration.sg, a resource built specifically for foreigners living and working in Singapore who are exploring Permanent Residency or long-term residency options.

The platform arrives at a time when Singapore’s expatriate and foreign professional community is growing rapidly, yet many EP and S Pass holders report struggling to find clear, reliable information on the PR application process. Singapore’s immigration framework is among the most structured in Southeast Asia, with eligibility criteria, documentation requirements, and submission windows that change frequently. For individuals navigating this process without professional guidance, the stakes are high and the margin for error is narrow.

Meridian’s website was built to address that gap directly. The platform offers detailed explanations of available immigration pathways, structured consultation options, and educational resources developed by the firm’s team of immigration specialists. Rather than presenting a services catalogue, the site walks users through the considerations relevant to their specific situation, whether they hold an Employment Pass, S Pass, or are planning for their family’s long-term residency in Singapore.

“We built this platform because we saw how overwhelming and confusing the immigration process can be for people who genuinely want to build their lives here,” said a spokesperson for Meridian Singapore Immigration. “Our goal is to be the trusted partner that walks them through every step with clarity and integrity.”

Singapore’s continued attractiveness as a regional hub for multinational corporations, financial institutions, and technology firms means the pipeline of foreigners seeking long-term residency options remains substantial. At the same time, the ICA’s PR application framework has grown more nuanced, with factors such as economic contributions, family ties, and community integration weighed during assessment. Applicants who proceed without a clear understanding of these criteria often submit applications that are either premature or structurally incomplete.

Meridian’s approach centres on preparation and transparency, helping applicants understand where they stand before they apply and what supporting documentation strengthens their case.

Meridian Singapore Immigration Pte. Ltd. is a professional immigration consultancy dedicated to guiding individuals and families through Singapore’s immigration process. Specialising in Permanent Residency (PR) applications, residency pathways, and compliance support, Meridian offers clear, structured solutions tailored to each client’s unique circumstances. Founded on the values of Guidance, Integrity, and Success, Meridian is committed to making immigration simple, transparent, and accessible for everyone. For more information, visit meridianimmigration.sg or contact info@meridianimmigration.sg / +65 8873 1113.

View original content:https://www.prnewswire.com/apac/news-releases/meridian-singapore-immigration-launches-new-website-to-simplify-the-pr-application-journey-for-foreigners-in-singapore-302757392.html

SOURCE Meridian Singapore Immigration Pte. Ltd.

Technology

Socomec, Daitron team up to meet Japan’s growing power demands

Published

3 hours ago

April 30, 2026

TOKYO, April 30, 2026 /PRNewswire/ — Socomec, a century-old electrical group specialising in mission-critical energy, and Japan’s Daitron, an electronics components distributor, have signed a partnership to deliver power conversion solutions and service backup power and electrical-switching systems across Japan.

The deal combines Socomec’s equipment with Daitron’s on-the-ground engineering team, which has more than 74 years of experience in the Japanese market. The two companies will handle everything from project delivery to ongoing maintenance and spare parts.

The partnership covers three product areas: uninterruptible power supplies (UPS), which keep facilities running during outages; power conversion systems, which ensure the availability and continuity of high-quality energy; and static transfer switches, which automatically reroute power loads between sources without interruption.

Beyond equipment sales, the agreement includes training, spare parts, long-term service contracts and a full range of expert services covering prevention, measurement and analysis, consultancy, deployment and optimisation. Socomec will provide product and technical training to Daitron’s team, while Daitron handles installation, servicing and day-to-day client support in Japan.

The target market spans data centres, semiconductor plants, industrial facilities, hospitals and green buildings, all areas where even brief power interruptions can prove costly. Data center demand in particular is surging, driven by the rapid expansion of artificial intelligence infrastructure, with colocation and enterprise facilities among the primary targets.

“Daitron knows the Japanese market inside and out. They have the people, the relationships, and the hands-on experience, and we bring the technology to match,” said Socomec Asia-Pacific CEO O’Niel Dissanayake. “It’s a natural fit, and together we can offer something neither company could deliver alone.”

“Japan’s data centres, chip factories and industrial plants all require power systems they can count on,” said Masaharu Kato, corporate officer of Daitron. “Socomec’s technology is exactly what these customers need, and our job is to make sure it’s installed, maintained and supported properly. That’s what we do best.”

The partnership comes as Japan faces a step change in power demand. Electricity consumption is expected to grow 5.3% over the next decade, driven by data centres and semiconductor factories, according to the country’s grid operator. Industrial energy demand alone is forecast to rise 18.3% over the same period.

That growth is creating strong demand for reliable power infrastructure. Data centres, for example, run around the clock and cannot afford downtime, making backup power and efficient energy management essential. Socomec’s systems are designed to reduce power consumption without sacrificing reliability, a balance that is becoming increasingly important as operators look to manage both costs and environmental commitments.

Both companies say project planning and bids are already underway, with a long-term goal of expanding the partnership’s reach across Japan as demand grows.

About Daitron

Daitron Co., Ltd. is a Japanese engineering and trading company founded in 1952 and headquartered in Osaka. Listed on the Tokyo Stock Exchange (TYO: 7609), Daitron sells and manufactures electronic components, semiconductor processing equipment and power supply systems. The company has more than seven decades of experience serving Japan’s electronics and manufacturing industries.

SOCOMEC: When energy matters

Founded in 1922, SOCOMEC is an independent industrial group of more than 4,800 experts spread across the world in 30 subsidiaries. Our vocation: design, manufacture and sale of electrical equipment, with a strong expertize in critical power applications. In 2025, SOCOMEC achieved a turnover of 997 million euros (not yet audited).

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/socomec-daitron-team-up-to-meet-japans-growing-power-demands-302755570.html

SOURCE Socomec

Technology

Multi-Destination Travel Surges Across Asia-Pacific This Labour Day, Trip.com Group Data Shows

Published

3 hours ago

April 30, 2026

Multi-city travel across Asia-Pacific grew 35% year-on-yearMulti-city travel outpaces single-destination growth by more than 2xSoutheast Asia sees strong double-digit growth, with Thailand up to 52% YoY

SINGAPORE, April 29, 2026 /CNW/ — Multi-city travel across Asia-Pacific grew 35% year-on-year this Labour Day period, according to data from Trip.com Group. Several Asia-Pacific markets including Japan, South Korea, parts of Southeast Asia and Mainland China celebrate Labour Day, driving strong cross-border and domestic travel flows across the region.

Over 30% of international trips now span multiple destinations, highlighting a continued shift towards more complex, itinerary-led travel. This shift reflects a growing preference to maximise time and value with multiple destinations within a single trip rather than a single location.

Multi-destination trips become a defining travel pattern

While single-destination travel continues to account for most bookings, growth is increasingly driven by more complex itineraries. Multi-destination bookings are growing at more than twice the pace of single-destination travel, reflecting stronger demand for flexibility and deeper exploration.

Travellers are increasingly structuring trips across multiple cities to maximise both time and value, with popular combinations including:

Tokyo – Osaka – Kyoto (Japan)Seoul – Busan (South Korea)Bangkok – Phuket (Thailand)

These itineraries reflect a growing preference for multi-stop journeys that blend urban experiences with leisure destinations.

Southeast Asia sees fast growth in multi-destination travel

Across Southeast Asia, demand for multi-destination travel is rising steadily, with strong growth across key markets of Thailand: 52%, Malaysia: 40%, and Singapore: 17%, according to Trip.com Group data.

Top outbound destinations across Southeast Asian markets include Japan (Tokyo, Osaka), South Korea (Seoul), China (Shanghai, Beijing), Thailand (Bangkok), Indonesia (Bali).

In other parts of Asia such as Hong Kong SAR, multi-destination travel also grew by over 50% year-on-year, highlighting growing preference for more complex itineraries over traditional single-destination trips, particularly in well-connected urban markets.

In Mainland China, domestic travel remains a strong base, while overseas journeys are increasingly shaped by multi-destination itineraries, with over 40% of outbound trips spanning multiple destinations and continuing to grow.

This suggests that travellers in this region are increasingly combining multiple cities within a single trip, supported by strong regional connectivity.

Japan’s domestic travel momentum on the rise

Japan is also seeing shifts in domestic travel behaviour, even as outbound demand continues to grow.

In Japan, domestic travel is growing rapidly, indicating rising interest in travelling within the country, accounting for one-quarter of all flight bookings, and to cities such as Tokyo, Sapporo and Okinawa.

Intra-Asia travel dominates Labour Day demand

The Labour Day holiday period continues to be driven by regional travel within Asia-Pacific, with travellers favouring destinations that offer ease of access, diverse experiences, and flexible itineraries.

The Group’s data highlights the continued strength of short-haul travel, supported by strong connectivity and shorter flight durations.

More broadly, the way people travel across Asia-Pacific is evolving. Travellers taking a more deliberate approach to how they plan their trips. While cross-border journeys are increasingly shaped by multi-city itineraries, domestic travel remains a strong and steady part of the landscape. Together, these patterns point to a more flexible and value-conscious mindset, as travellers look to make the most of both time and budget.

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.