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IGM Financial Simplifies Organization to Accelerate Investment in Key Technology Capabilities to Strengthen Business

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WINNIPEG, MB, June 17, 2026 /CNW/ – IGM Financial Inc. (“IGM” or the “Company”) today announced a multi-year initiative to further simplify how the organization operates. This effort is designed to reduce complexity and costs. This, in turn, will free up capacity to increase investment in key AI capabilities — supporting IGM’s evolution as a technology-enabled business while continuing to prioritize its human-first, relationship-driven approach to serving clients, and strengthening the Company to support long-term growth.

IGM has been modernizing its operating model and its technology platforms over several years in response to changing client needs, technological advancements and industry dynamics. Today’s announcement represents the next step in that evolution.

“We are building an AI-enabled organization that enhances, not replaces, the trusted relationships at the core of our business,” said James O’Sullivan, President and CEO, IGM Financial. “While much is still evolving, we are encouraged by the opportunities AI is providing to elevate the advice experience, empower our advisors and employees, and deliver even stronger outcomes for clients, while staying grounded in the personal connections that define our model.”

“As a result, we are taking deliberate steps to simplify how we operate so we can execute more effectively and deliver on our long-term strategy,” continued Mr. O’Sullivan. “This initiative creates greater capacity to invest in the capabilities that will define the future of wealth and asset management.”

To support these objectives, IGM has reviewed its organizational structure, operating model and cost base. The Company is taking a series of actions to improve efficiency, lower ongoing costs and create greater enterprise agility. These savings will be reinvested to expand IGM’s AI capabilities. This includes:

Further consolidation of team structures and streamlining workflows to drive efficiency and increase alignment with strategy.Upskilling its existing workforce and enhancing capabilities through targeted hiring in areas such as AI leadership, process redesign, data engineering, agent development and deployment, and governance.Advancing key technology, data and AI capabilities across the enterprise.

It is anticipated that this initiative will generate approximately $70 million in annualized savings by the end of 2028. This will be reinvested in AI capabilities, with a focus on people, processes and technologies to further strengthen the Company while allowing it to manage expense growth prudently. IGM is maintaining its operations, support and business development expense growth target of 4 per cent for 2026 relative to 2025. The Company expects to record a one-time charge of approximately $95 million or $70 million after-tax in Q2 related to these activities, including severance and the accelerated accounting recognition of certain incentive programs related to CEO transition.

Through this effort, IGM will scale its use of AI and other advanced technologies across its wealth and asset management businesses to enhance client outcomes, advisor productivity, and operational efficiency, while continuing to deliver personalized advice and service through strong, trust-based relationships.

This includes expanding tools and capabilities that support its IG Wealth Management advisors in areas such as meeting preparation, client interactions, and workflow efficiency, as well as enhancing investment processes and decision-making at Mackenzie Investments.

At the same time, IGM is strengthening its enterprise-wide capabilities by investing in workforce skills, including through training programs such as the IGM AI Academy, enhancing its AI technology foundation, and expanding targeted areas of expertise.

The Company will also continue advancing automation in areas such as contact centres and back-office operations, supported by strong governance, risk management, and data security practices.

ABOUT IGM FINANCIAL INC.

IGM Financial Inc. (“IGM”, TSX: IGM) is a leading Canadian diversified wealth and asset management organization with approximately $338 billion in total assets under management and advisement as of May 31, 2026. The company is committed to bettering the lives of Canadians by better planning and managing their money. To achieve this, IGM provides a broad range of financial planning and investment management services to help approximately two million Canadians meet their financial goals. IGM’s activities are carried out principally through IG Wealth Management and Mackenzie Investments and are complemented by strategic positions in wealth managers Rockefeller Capital Management and Wealthsimple and asset managers ChinaAMC and Northleaf Capital. These strengthen IGM’s capabilities, reach and diversification. IGM is a member of the Power Corporation group of companies. For more information, visit igmfinancial.com.

SOURCE IGM Financial Inc.

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Treeni Sustainability Solutions Appoints Vivek Rawat to Its Advisory Board to Accelerate Next Phase of Growth

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Go-to-market and revenue leader to advise Treeni on building a Scalable and Sustainable growth engine as it expands its consulting-led, outcome-accountable ESG managed services.

BENGALURU, India, Sept. 11, 2026 /PRNewswire/ — Treeni Sustainability Solutions, a consulting-led ESG managed services company, today announced the appointment of Vivek Rawat to its Advisory Board. Mr. Rawat will work closely with Treeni’s leadership on customer acquisition, market positioning, revenue growth, and strategic alliances as the company scales its resustAIn™-powered managed service solutions to enterprise and mid-market clients in India and globally.

The appointment comes at an important stage in Treeni’s evolution. Sustainability is increasingly shifting from a periodic disclosure exercise to a continuously managed business function, driven by tightening reporting regimes, buyer-led supply chain requirements and growing scrutiny from investors and rating agencies. Treeni addresses this growing complexity by combining sustainability expertise, technology and end-to-end managed services to drive measurable outcomes. The company is now focused on taking this differentiated model to a wider set of clients.

Vivek Rawat is a Founding Member of the Winning by Design Growth Institute, where he works with senior executives to design Revenue and Growth Architecture for scalable, sustainable growth. He specializes in helping technology companies build predictable, repeatable growth engines — connecting strategy, sales execution, customer expansion, and revenue operations. His expertise will complement Treeni’s focus on expanding its differentiated delivery model while maintaining the quality and accountability that underpin its client relationships.

Vivek Rawat brings more than two decades of experience building and scaling technology businesses and revenue organisations. His career includes senior leadership roles at IBM, SAP and CSC across enterprise software sales, global alliances, ecosystems, channels and P&L, as well as advisory work with high-growth technology companies including BrowserStack and Lentra.

Ankush Patel, Founder and Chief Executive Officer, Treeni Sustainability Solutions, said, “We have spent years building the domain expertise, technology and delivery model to solve end-to-end sustainability requirements for our clients. Our next challenge is to scale this value proposition across a wider set of clients, industries and markets. Vivek brings exactly the kind of experience we need at this stage. He understands how to build repeatable growth systems and the organisational capabilities required to scale. We are excited to have him join us as we enter this next phase of growth.”

“Sustainability is one of the few categories where the market need is not in question; the question is whether businesses can find a partner that can help them turn ambition into execution,” said Vivek Rawat. “What attracted me to Treeni is that it has built a model that enables businesses to move from sustainability intent to measurable execution. It has a strong foundation across domain expertise, technology, and delivery. The opportunity now is to build the commercial engine that can take this value proposition to more organisations in a disciplined and repeatable way. I am excited to work with Treeni as it takes this next step.”

The appointment of Vivek Rawat is part of Treeni’s broader effort to strengthen its leadership and advisory capabilities as it enters its next phase of growth. Treeni intends to expand its Advisory Board with leaders bringing complementary expertise across sustainability, technology and enterprise growth.

About Treeni Sustainability Solutions

Treeni brings deep ESG domain expertise and acts as its clients’ Trusted Advisor — owning the ESG programme end-to-end as a consulting-led managed service, powered by resustAIn™, and accountable for outcomes, not just advice.

Headquartered in Bangalore, India, Treeni delivers its managed services through three purpose-built resustAIn™ offerings: resustAIn™ ESG+ for enterprise ESG performance, emissions management, reporting and disclosure; resustAIn™ SCSM for supply chain sustainability management; and resustAIn™ Zero for small and mid-sized enterprises responding to customer and regulatory requirements. Treeni serves clients across manufacturing, technology services, pharmaceuticals and industrial sectors in India and internationally.

For more information, visit www.treeni.com.

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PITAKA Introduces iPhone 18 Case Collection Featuring Advanced Protection and Refined Design

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The Edge and Guard series combine lightweight aramid fiber with enhanced protection, innovative craftsmanship, and an expanded palette of nature-inspired patterns.

HONG KONG, Sept. 11, 2026 /CNW/ — Following the successful debut of its “Signals in the Wind” brand event in Berlin on September 4, where PITAKA presented its latest designs inspired by nature, the brand today introduced its latest case collection for the iPhone 18 series. The recognition comes on the heels of PITAKA’s NYPDA Gold Award win, with the brand earning an IFA Innovation Award Honoree 2026 designation during IFA 2026, where its product was showcased, as well as a Best of IFA award from Yanko Design. Featuring two distinct lines — Edge and Guard — the collection combines premium aramid fiber with enhanced drop protection and a broader range of woven patterns, bringing PITAKA’s signature material approach to Apple’s latest lineup.

“With this collection, we wanted every material decision to say something — not just protect the phone, but change how it feels in your hand,” said James Zheng, Founder of PITAKA. “Edge and Guard represent two different answers to the same question: how do you add protection without losing the thing that made aramid fiber worth using in the first place — the way it feels, moves, and ages with you.”

Edge Series: Lightweight and Close-Fitting Protection

The Edge Series emphasizes a minimal profile, utilizing woven aramid fiber to provide everyday scratch and drop protection without adding bulk. Its textured surface offers natural friction for an ergonomic, non-slip grip.

The case integrates PitaTap™, PITAKA’s proprietary capacitive camera button, built by seamlessly embedding a sensor into less than 1mm of aramid fiber through a one-piece molding process. To boost impact absorption without compromising weight, the case incorporates Mammoth Resin™ — a proprietary compound developed over 14 months through 300 formulation iterations and more than 400 drop tests, delivering up to twice the drop resistance of PITAKA’s previous resin. A subtle P-angle corner design further simplifies installation and removal.

Guard Series: Enhanced Impact Resistance and Seamless Craftsmanship

The Guard Series introduces two distinct models — Cairn and Summa — tailored for users seeking higher levels of defense:

Cairn Case: Combines woven aramid fiber with impact-resistant TPU and an upgraded Bow-Arc Corner Buffer 2.0. Inspired by outdoor gear structures, this design reinforces corner protection against severe drops while giving the case a rugged aesthetic.Summa Case: Leverages 3D thermoforming technology to wrap aramid fiber smoothly around the edges, resulting in a continuous woven surface with virtually no visible seams. It features a high-toughness resin core and a built-in lanyard anchor for added everyday security.

Expanded Color Palette and Nature-Inspired Patterns

The collection expands PITAKA’s woven lineup with new design categories:

Wind Over Wheat Series: Available in Golden Drift, Surging Awn, and Berlin Nocturne.Argyle Finishes: Offered in Lava Black, Abyss Blue, Burgundy, and Blue’s Red.Moment Series: Featuring updated iterations of classic weaves alongside new seasonal patterns.

Stay tuned for even more series and patterns coming soon.

Each pattern draws inspiration from elements in nature — light, movement, and natural textures — woven directly into the structural aramid fibers.

Beyond Phone Cases: Expanding the Ecosystem

Under the design motif “What Else Can It Be?” the iPhone 18 launch also marks an expansion of PITAKA’s broader product ecosystem. The brand is applying its aramid and carbon-fiber craftsmanship to everyday tech essentials, including carbon-fiber watch bands, bi-fold wallets, and MacBook protective cases.

Pricing and Availability

The iPhone 18 case collection starts at $59.99 and is available today on the official PITAKA’s Official Website and Amazon. Cases for Apple’s first foldable device, the iPhone Ultra — including front covers, back covers, and full combination sets — range from $54.99 to $109.99.

About PITAKA

PITAKA is a material technology and lifestyle brand exploring how materials, craftsmanship, and design can transform interaction with everyday technology. Guided by its philosophy of Material & Sense, PITAKA crafts aramid-fiber cases, MagSafe accessories, and ecosystem solutions for Apple and Samsung devices.

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SOURCE PITAKA

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Lorex Connect Expands V Series Lineup with Professional-Grade 4K Security Solutions for Homes and Businesses

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The new V7 4K PoE Camera and VF 16-Channel NVR feature enhanced low-light performance, intelligent detection and improved system capacity, expanding the Lorex Connect V Series’ range of versatility.

TORONTO, Sept. 10, 2026 /PRNewswire/ — Lorex Technology, a generational leader in privacy-first security, announced today the release of the V7 4K PoE Camera and VF 16-Channel NVR while spotlighting the V Series connected ecosystem. The new side-by-side releases take another bold step in shaping the Connect V Series around premium hardware and powerful software control.

Designed for both residential and commercial properties, every V Series camera leverages Power over Ethernet (PoE) technology to carry power and high-definition video over a single cable. Building on this reliable, simplified practicality, the V7 camera introduces a new upper tier of video performance, backed by the VF NVR’s upgraded capacity, channel count, and feature support to enable robust, commercial-grade video security in a wide variety of settings.

V7 4K PoE Camera: Premium Video Capture Headlining a Dynamic Lineup

The new V7 camera introduces the V Series’ best low-light performance and wide-area coverage yet. Able to capture clear, vivid color footage in dark environments without relying on bright spotlights, it ensures crucial details remain visible any time of day or night. An ultra-wide viewing angle allows a single unit to monitor expansive spaces like long driveways, commercial storefronts, or large parking lots that would normally require multiple cameras.

When paired with the new VF NVR channel, the V7 delivers premium license plate and facial recognition capabilities, providing actionable updates when familiar people and vehicles enter the property, regardless of lighting or weather conditions. The V7 also features Lens Distortion Correction, which is enabled when paired with a compatible NVR and reduces the curvature caused by wide-angle footage, helping keep straight lines straight for a clearer, more true-to-life view.

Designed with an IP67-rated all-weather housing, the V7 delivers reliable, high performance outdoor security built to last, whether monitoring your home or business.

Supporting the Lorex Connect V Series’ versatile utility are the existing V3 and V5 cameras. The foundational V3 provides essential high-definition protection through clear video in light and dark scenes, smart alerts based on person and vehicle detection, and a warning light and siren for active deterrence. The V5 raises the bar by implementing intrusion, line-crossing, and tampering detection to protect both an extended area of a property and the security system itself. It also upgrades low-light performance using AI-supported image processing for better color accuracy while adding custom deterrence lighting colors, which provide benefits such as improved  visibility and stronger deterrence.

With the release of the V7, these high-level detection and low-light processing features are now offered at the highest tier of Lorex Connect V Series cameras. Together, the tiered options let homeowners and businesses craft the ideal security system tailored to specific needs across entire properties.

VF 16-Channel NVR: Centralized Control with Expanded Onboard Storage

For straightforward, continuous recording and scalable system capacity, the new VF NVR serves as a central hub for larger residential or commercial spaces. It manages up to 16 active camera channels and wields the processing power required to support the V7’s face and license plate recognition capabilities. Generous, expandable local storage lets users enjoy the flexibility of retaining weeks of secure footage directly on device with no mandatory cloud subscription fees.

Despite its professional-grade storage and performance, the VF NVR operates quietly in the background utilizing QuietTek fanless cooling technology, maintaining pristine living spaces and quiet work environments.

The new 16-channel VF joins the existing VC NVR and its 8-channel configuration, ideal for smaller security deployments. Along with comparable, subscription-free local storage and quiet operation, the VC NVR implements smart search tools that can easily locate specific events to avoid hours of poring over stored video.

Lorex Connect V Series: Top-Tier Home and Business Security with User-Friendly Control

Lorex Connect V Series cameras and NVRs are quick and easy to install and manage. Every step, from connecting the NVR to mounting and angling the cameras, can be completed with ease. Through the Lorex Connect app, users can also just as easily configure detection zones, enable and customize deterrence features, and set up quick response messages and two-way talk.

“With the Lorex Connect V Series, we set out to close the gap between premium security hardware and everyday usability,” said Steve Hong, VP, Global Sales and Marketing at Lorex Technology. “The addition of the V7 camera and VF NVR gives properties the advanced capture and scalable storage they need to build a comprehensive, wired system tailored to their specific environment.”

The Lorex Connect V Series includes the V3, V5 and V7 4K PoE Cameras, offering options to meet a range of security needs, along with 8- and 16-channel NVRs for flexible system configurations.

For more information about Lorex Connect V Series and how its professional-grade security solutions can help protect homes and businesses, please visit https://www.lorex.ca/collections/v-series. 

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About Lorex Technology

Lorex is a leading provider of smart security and monitoring solutions, with over 30 years of experience delivering reliable video surveillance across North America. Founded in Canada, Lorex offers a comprehensive ecosystem of solutions for both residential and commercial applications. Lorex for Business, its professional division, supports security installers, integrators, and business owners with scalable, professional-grade systems that combine proven reliability with intelligent features to enhance visibility, streamline operations, and support growing businesses. To learn more, visit Lorex.com.

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SOURCE Lorex Technology

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