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/C O R R E C T I O N — Highland Global Allocation Fund/

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In the news release originally issued with the headline “Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share” on 01-Jul-2026 by Highland Global Allocation Fund over PR Newswire, we are advised by the company that headline should read “Highland Global Allocation Fund Declares Monthly Distributions of $0.085 Per Share”. The complete, corrected release follows:

Highland Global Allocation Fund Declares Monthly Distributions of $0.085 Per Share

DALLAS, July 1, 2026 /PRNewswire/ — Highland Global Allocation Fund (NYSE: HGLB) (“the “Fund”) today announced the declaration of monthly distributions of $0.085 per share, payable on the dates noted below. Under the Fund’s level distribution policy, the annual distribution rate has been reset to an amount equal to 8.5% of the average of the Fund’s net asset value (“NAV”) per share, as reported for the final five trading days of the 2025 calendar year. The Fund is declaring distributions of $0.085 per month for July through September 2026.

The following dates apply to the distributions declared:

Ex-Date

Record Date

Payable Date

July 24, 2026

July 24, 2026

July 31, 2026

August 24, 2026

August 24, 2026

August 31, 2026

September 23, 2026

September 23, 2026

September 30, 2026

About the Level Distribution Policy

In March 2019, the Fund’s Board of Trustees (the “Board”) approved a level distribution policy (the “Level Distribution Policy”) under which the Fund makes monthly distributions to stockholders at a constant and fixed (but not guaranteed) rate that will reset annually to a rate calculated based on the average of the Fund’s NAV per share (the “Distribution Amount”), as reported for the final five trading days of the month preceding the announcement of distributions. The Distribution Amount applicable to Q3 2026 was reset based upon the results of the distribution rate calculation. The Distribution Amount applicable for future periods may be reset based upon the results of the distribution rate calculation.

There can be no guarantee that the Level Distribution Policy will be successful in its goals. The Fund’s ability to maintain a stable level of distributions to shareholders will depend on a number of factors, including changes in the financial market, market interest rates, and performance of overall equity and fixed-income markets. As portfolio and market conditions change, the ability of the Fund to continue to make distributions in accordance with the Level Distribution Policy may be affected.

Shareholders have the option of reinvesting distributions in additional common shares through the Fund’s Dividend Reinvestment Plan, or electing to receive cash by contacting AST, their financial adviser or their brokerage firm. Shareholders who wish to receive their distribution in cash must opt out of the Fund’s Dividend Reinvestment Plan. For further information, shareholders should carefully read the description of the Dividend Reinvestment Plan in the prospectus.

The Board may amend the Level Distribution Policy, the Distribution Amount or distribution intervals, or the Fund may cease distributions entirely, at any time, without prior notice to shareholders. The announcement of, amendment to, or later termination of this Level Distribution Policy may have an adverse effect on the market price of the Fund’s shares of common stock.

The Fund may at times, in its discretion, pay out less than the entire amount of net investment income earned in any particular period and may at times pay out such accumulated undistributed income in addition to net investment income earned in other periods in order to permit the Fund to maintain a stable level of distributions. As a result, the dividend paid by the Fund to shareholders for any particular period may be more or less than the amount of net investment income earned by the Fund during such period. The Fund intends to distribute all realized net long-term capital gains, if any, no more than once every twelve months.

To the extent that sufficient investment income is not available on a monthly basis, the Fund’s distributions may consist of return of capital in order to maintain the distribution amount. A return of capital occurs when some or all of the money that shareholders invested in the Fund is paid back to them. A return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income.’ Any such returns of capital will decrease the Fund’s total assets and, therefore, could have the effect of increasing the Fund’s expense ratio. In addition, the Level Distribution Policy may require the Fund to sell its portfolio securities at a less than opportune time to meet the distribution amount.

Shareholders should not make any conclusions about the Fund’s investment performance from the amount of the Fund’s distributions or the Fund’s Level Distribution Policy. With each distribution that does not consist solely of net investment income, the Fund will issue a notice to shareholders that will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax reporting purposes will depend upon the Fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send individual shareholders a Form 1099-DIV for each calendar year that will tell them how to report these distributions for federal income tax purposes. Please consult your tax advisor about any tax implications applicable to you in light of your particular circumstances.

About the Highland Global Allocation Fund

The Highland Global Allocation Fund (“HGLB”) (NYSE: HGLB) is a closed-end fund managed by NexPoint Asset Management, L.P. For more information visit www.nexpointassetmgmt.com/global-allocation-fund.

About NexPoint Asset Management, L.P.

NexPoint Asset Management, L.P. is an SEC-registered investment adviser. It is the adviser to a suite of registered open-end funds and closed-end funds. For more information visit nexpointassetmgmt.com.

The distribution may include a return of capital. Please refer to the 19(a)-1 Source of Distribution Notice on the NexPoint Funds website for Section 19 notices that provide estimated amounts and sources of the fund’s distributions, which should not be relied upon for tax reporting purposes.

No assurance can be given that the Fund will achieve its investment objectives.

Shares of closed-end investment companies frequently trade at a discount to net asset value. The price of the Fund’s shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value. Past performance does not guarantee future results.

Before investing in the Fund, you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. For a copy of a prospectus or summary prospectus, the Fund’s most recent annual report on Form N-CSR, semi-annual report, and other filings which contain this and other information, please visit our website at www.nexpointassetmgmt.com, the Securities and Exchange Commission’s website at www.sec.gov, or call 1-800-357-9167. Please read these materials carefully before investing.

CONTACTS

Investor Relations
Kristen Griffith
IR@nexpoint.com

Media Relations
comms@nexpoint.com

View original content:https://www.prnewswire.com/news-releases/highland-global-allocation-fund-declares-monthly-distributions-of-0-088-per-share-302816260.html

SOURCE Highland Global Allocation Fund

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Debevoise Expands Fund Finance Practice with the Return of Zahra Sowder as Partner

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NEW YORK, July 14, 2026 /PRNewswire/ — Debevoise & Plimpton LLP announced today that Zahra Sowder has joined the firm as a partner in its Fund Finance practice in New York.

Ms. Sowder advises private funds and financial institutions on a broad range of complex fund financing transactions, including subscription lines and NAV facilities, as well as bespoke financing solutions for LP and GP stakes. She also has extensive experience advising corporate borrowers on asset-based financings.

Presiding Partner Peter Furci said, “We continue to invest in our private capital platform to meet growing client demand for sophisticated financing solutions across the fund lifecycle. Zahra’s deep experience in this area, together with her longstanding connection to Debevoise and many of our clients, makes her an exceptional addition to the firm.”

Co-Chair of the Fund Finance Group Ramya Tiller said, “Private capital clients need sophisticated financing advice to support liquidity, fundraising and investment activity. Zahra has deep experience across the products our clients are using most actively, including NAV facilities across all strategies and other complex fund financing solutions. Having previously practiced at Debevoise, Zahra can contribute immediately to our growing practice.”

Ms. Sowder said, “Debevoise played an important role earlier in my career and is ideally suited for this next stage of my practice, especially given its specialized and growing fund finance practice. I look forward to working with colleagues and clients I know well and contributing to the continued growth of the practice.”

Ms. Sowder joins Debevoise from the New York office of another international law firm and previously practiced at Debevoise for more than 15 years as an associate and counsel. She received her J.D. from UCLA School of Law in 2008 and her B.A. from Vassar College in 2002.

View original content:https://www.prnewswire.com/news-releases/debevoise-expands-fund-finance-practice-with-the-return-of-zahra-sowder-as-partner-302825501.html

SOURCE Debevoise & Plimpton LLP

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As AI Agents Scale, Enterprises Demand Execution Control — Devenex Takes Control

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LAS VEGAS, July 14, 2026 /PRNewswire/ — • Inside the world’s largest organisations, AI agents are no longer experimental. They are executing in production — modifying financial records, triggering payments, approving workflows, and acting with the full operational authority of the enterprises that deployed them. By every credible estimate, the volume and consequence of these actions will increase by an order of magnitude within 24 months.

Yet no infrastructure layer exists to govern what these agents actually do. No systematic policy enforcement before action. No immutable audit trail after. No deterministic control between an agent’s intent and its real-world consequence. The most consequential technology shift in enterprise history is unfolding without an accountability layer.

Today, that changes. Devenex — the Execution Control Plane for AI agents — launches at Google Cloud Next 2026, introducing enterprise-grade governance infrastructure that sits between agent intent and real-world execution. Every action is policy-evaluated, explicitly authorised, identity-bound, and recorded as audit-grade evidence — before it takes effect, giving new life to enterprise AI initiatives.

Devenex is not a monitoring tool. It is not a workflow engine. It is the control plane that ensures no AI-initiated action executes without governance — giving CIOs, CTOs, CROs and enterprise security leaders the confidence to deploy agents at scale without sacrificing accountability.

THE STRUCTURAL GAP

Analyst consensus has converged on a single conclusion: enterprise AI execution capability is outpacing the controls designed to keep it accountable.

Gartner projects that by 2028, a third of enterprise software will incorporate agentic AI — up from less than one percent in 2024. McKinsey identifies governance and risk as the primary barriers to scaling enterprise AI, ahead of model quality or talent. Deloitte’s 2026 enterprise survey finds that 80 percent of leaders piloting AI agents cite security and compliance as the leading obstacle — up from 68 percent a year earlier.

The pattern is consistent across every credible source: enterprises are deploying agents faster than they can govern them. An AI agent that modifies a customer record, approves a discount, or initiates a wire transfer without a governing policy layer is not automation. It is an unmanaged compliance event, a latent security exposure, and a board-level liability.

Devenex addresses this gap at the infrastructure level — not as a feature bolted onto existing tools, but as a purpose-built control plane designed for governed enterprise execution from the ground up.

THE EXECUTION CONTROL PLANE

Devenex operates as the authorisation and governance layer between enterprise decision-making — whether initiated by humans, AI agents, or automated systems — and the execution of actions across enterprise systems of record.

Every action processed through Devenex produces four structured artifacts:

Intent Record. 

Execution Plan. 

Governed Execution. 

Execution Evidence. 

This model ensures that enterprises maintain full traceability from intent to outcome — satisfying EU AI Act, SOC 2, ISO 42001, and sector-specific regulatory requirements.

ENTERPRISE CAPABILITIES

Pre-Execution Policy Enforcement.  Every agent action is evaluated against organizational policy before execution. Nothing executes unchecked. Enterprises gain control over what agents are permitted to do — reducing compliance risk and eliminating ungoverned action.

Dynamic Human-in-the-Loop Governance.  High-consequence actions are routed to designated reviewers without halting low-risk automation. Approval workflows are configurable at the agent, action, or policy level — ensuring human oversight where it matters without creating operational bottlenecks.

Immutable Audit Infrastructure.  Every governed execution is recorded to an append-only ledger. Enterprises gain continuous compliance evidence without manual reporting.

Unified Observability Across Agents.  Live and retrospective visibility into agent activity, policy adherence, and anomaly patterns. Security, compliance, and operations teams share a single authoritative view of enterprise execution.

BUILT FOR ENTERPRISE REALITY

Devenex delivers flexible deployment models—SaaS, hybrid, and self-deployed—enabling organizations to adopt at their own pace.

Engineered to be framework-agnostic and cloud-native, Devenex integrates seamlessly across diverse enterprise environments. The platform does not replace existing systems of record, integration platforms, or identity providers. It governs execution across them.

LEADERSHIP

“For four decades, Abacus has earned the trust of enterprises navigating their most consequential technology transitions. Devenex represents the next chapter — purpose-built infrastructure for a world where AI agents execute with the authority of the organisations that deploy them. Governance at this layer is not optional. It is a precondition for enterprise AI at scale.”

— Aly Kuly Khan
Co-Founder & Chairman, Devenex

“For four decades, we’ve built the layers enterprises run on — systems of record, integration, workflow automation, API and iPaaS governance. Each wave solved the problem the previous one created. Today, AI agents are executing actions on architecture that was never designed to govern them. This isn’t an AI problem. It’s an architectural gap — and it’s the one our experience has prepared us to solve. Enterprises cannot answer four questions about any agentic action: who authorized it, what policy governed it, why it executed as it did, and whether they can prove it after the fact. In regulated environments, these aren’t edge cases — they’re the baseline. Devenex is the execution control plane that answers all four, by design, at execution time.”

— Shoaib A. Khan
Co-Founder & CEO, Devenex

AVAILABILITY & ENGAGEMENT

Devenex is available immediately, with deployment support from Abacus teams across the globe.

Enterprise pilot programmes are open to qualified organisations seeking to bring governed execution to production AI workloads.

Learn more at www.devenex.com

THE ROAD AHEAD

Enterprise AI is entering its execution era. The question is no longer whether agents can act — it is whether they can act accountably. The organisations that solve this first will scale AI faster, operate with greater confidence, and carry less risk than those that treat governance as a downstream problem.

Devenex exists to make governed execution the default operating model of the enterprise. Not as an aspiration. As infrastructure.

About DevenEx

Devenex is the Execution Control Plane for AI agents — enterprise infrastructure that governs every action across systems with policy enforcement, explicit authorisation, and audit-grade evidence. Built for the agentic era, Devenex sits between intent and execution so that no enterprise action moves forward ungoverned. Devenex is built by the team behind Abacus, bringing four decades of enterprise trust to AI execution governance.

About Abacus

Abacus is a global professional services leader in technology, outsourcing, and people solutions. With nearly 40 years of experience, 5,000+ professionals across four continents, and 1,500+ enterprise clients, Abacus designs bespoke solutions that enable organisations to create the future of business and embrace change for sustainable growth.

Media Contact

Devenex
www.devenex.com
Shoaib Khan
shoaib.khan@abacuscambridge.com
+1 (347) 701-4221

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CASIO Makes Classroom-Ready Calculator Free for Everyone with Launch of fx-300ES PLUS Online Emulator

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Casio’s fx-300ES PLUS Online Emulator is the First Web-Accessible Emulator of the Iconic Scientific Calculator, Giving Students, Parents and Teachers Free, Instant Access

JERSEY CITY, N.J., July 14, 2026 /PRNewswire/ — Casio America, Inc. today announced a free online emulator for its fx-300ES PLUS scientific calculator, available now at ClassPad.net. The first web-accessible emulator of its kind for the fx-300ES series gives students and educators instant access to a fully functional digital calculator—at no cost—from any internet-connected device.

“The 300ES PLUS has been a staple in math and science classrooms for years because it’s reliable and easy to use,” said Marko Wityk, Senior General Manager of EdTech at Casio America. “This emulator takes that same experience and makes it available to any student. Whether they’re finishing homework or teachers are walking a class through a problem, this tool removes any barriers standing in the way of learning.”

Designed for Classrooms

The emulator requires only a free login through Google, Google Classroom, Microsoft, or Clever, platforms already in use at schools nationwide. Users gain access to a fully functional digital calculator replicating the fx-300ES PLUS, along with other scientific and graphing calculator options from Casio.

Key features include:

Projection mode – The emulator screen can be enlarged for display on a projector or interactive whiteboard, letting teachers walk the entire class through problems step-by-step.Key log – Displays a running log of each key used in a problem, allowing students to easily follow along with the teacher.Natural Textbook Display – See math problems and fractions exactly as they would appear in textbooks, homework, or exams.Zero cost and instant access – No app download needed and no purchase or subscription required now or in the foreseeable future.Device-agnostic – Compatible with any web-enabled device, from school Chromebooks to home laptops to tablets and other mobile devices.Screenshot – Capture an image of the calculator display to compare results and functions. Screenshots are copied to the clipboard for use in other applications as well.

The fx-300ES PLUS emulator is available now, free of charge, at ClassPad.net. Users can log in with an existing Google, Google Classroom, Microsoft, or Clever account. No additional registration is required.

The physical calculator remains available at major retailers nationwide and online at casio.com, typically priced around $15. Education pricing is available to teachers and schools by contacting edtech@casio.com.

About Casio America, Inc.
Casio America, Inc. is a subsidiary of Casio Computer Co., Ltd., one of the world’s leading manufacturers of consumer electronics and business equipment solutions. Casio’s EdTech division is dedicated to empowering students, educators, and parents with tools that make learning more accessible and effective. Casio products are sold through authorized Casio dealers. For more information, visit casio.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/casio-makes-classroom-ready-calculator-free-for-everyone-with-launch-of-fx-300es-plus-online-emulator-302825523.html

SOURCE Casio America, Inc.

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