SMBC Group and Jefferies Significantly Expand Their Global Strategic Alliance

 Joint Venture to Combine Equities and ECM Businesses in Japan

Expanding Joint Coverage of Larger Sponsors

In EMEA, Implementing Joint Origination, Underwriting and Execution of Syndicated Leveraged Finance for These Clients

SMBC to Increase Equity Ownership in Jefferies to up to 20% in the Open Market

SMBC to Provide Jefferies Approximately $2.5 Billion in New Credit Facilities to Support Jefferies and to Facilitate Collaboration Efforts

 

(BUSINESS WIRE)--Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), and SMBC Nikko Securities Inc. (“SMBC Nikko”) (collectively, “SMBC Group”) announced today that they are significantly expanding their Global Strategic Alliance.

SMBC Group and Jefferies initially entered into a Strategic Alliance in 2021 to collaborate on future corporate and investment banking business opportunities. In 2023, the Alliance was expanded to enhance collaboration across M&A, equity and debt capital markets, with a particular focus on investment grade clients in the U.S. SMBC Group and Jefferies subsequently added Memoranda of Understanding to expand their alliance to the EMEA region, Canada, Asia and Australia, as well as to expand the scope of Joint Coverage initiatives to larger global sponsors, pre-IPO companies, and sub-investment grade corporate clients.

Today, Jefferies and SMBC Group announce the next significant steps in their Global Strategic Alliance that will further capitalize on their unique business strengths and enhance their abilities to meet the global needs of their borrowing, investing, corporate and sponsor clients. This will include combining their Japanese equities and ECM businesses, expanding joint coverage of larger sponsors and implementing in EMEA joint origination, underwriting and execution of syndicated leveraged loans for these clients, SMBC agreeing to increase its equity ownership in Jefferies to up to 20% in the open market, SMBC providing Jefferies approximately $2.5 billion in new credit facilities to support Jefferies and to facilitate collaboration efforts, including EMEA leveraged lending, U.S. pre-IPO lending and asset-backed securitization, subject to receipt of applicable regulatory approvals.

Japanese Equities Joint Venture

SMBC Group and Jefferies have entered into a Memorandum of Understanding to establish a joint venture in Japan to conduct the principal aspects of their wholesale Japanese equity research, sales and trading and equity capital markets businesses. Jefferies and SMBC Group anticipate the joint venture will begin serving clients in January 2027. The new joint venture will be integrated with Jefferies’ leading global equities business to provide institutional investors with insight and execution across markets around the world on a seamless and consistent basis. With SMBC and SMBC Nikko’s expertise in the domestic market and balance sheet strength, and Jefferies’ leading position with global investors and advanced trading technology, SMBC Group and Jefferies have the goal of ultimately being the leading provider in wholesale equities and equity capital markets in Japan.

Joint Sponsor Coverage

SMBC Group and Jefferies will expand their joint coverage of larger sponsors to offer the investment and corporate banking capabilities of both Jefferies and SMBC Group to such large sponsor clients in EMEA.

Expanding SMBC’s Equity Ownership in Jefferies from 15% to up to 20%

SMBC intends to increase its economic ownership of Jefferies to up to 20% (on an as-converted and fully diluted basis) by purchasing shares in the open market and then exchanging those common shares for either non-voting common shares or non-voting preferred shares that will be mandatorily convertible into non-voting common shares. SMBC will continue to own less than 5% of a voting interest in Jefferies. The increased investment is subject to receipt of required applicable regulatory approvals.

New and Enhanced Credit Facilities

SMBC Group has agreed to extend total of approximately $2.5 billion credit facilities to support Jefferies and to advance collaboration in key areas, including structured finance such as EMEA leveraged lending, U.S. pre-IPO lending and asset-backed securitization. This newly agreed, substantial financing package of approximately $2.5 billion aims to enhance our commitment to deepening the partnership, enhances our combined capabilities across these focus areas, and enables us to deliver exceptional services to our clients.

Leadership Comments

Director President and Group CEO of SMFG, Toru Nakashima commented: “Our vision is to align SMBC Group and Jefferies in order to offer our clients the best financing and advisory solutions to meet their needs around the world. We are pleased with our progress to date, see today’s expansion of our Global Strategic Alliance as a further step in achieving our goal and believe we are early in realizing our joint potential.”

Rich Handler, Jefferies’ CEO, and Brian Friedman, its President, stated: “SMBC Group and Jefferies together are unique in the power of our combined global platforms. From M&A and other strategic advice to balance sheet and capital markets financing to research, sales and trading in the daily capital markets, our combined capabilities offer exceptional value to our clients around the world.”

About Sumitomo Mitsui Financial Group, Inc.

SMFG is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through the subsidiaries and affiliates, SMFG offers a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services. SMFG’s consolidated total assets were 264 trillion Yen as of December 31, 2022.

About Jefferies Financial Group Inc.

Jefferies is a leading, global, full-service investment banking and capital markets firm. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.

About Sumitomo Mitsui Banking Corporation

SMBC is the commercial banking subsidiary of SMFG and one of the largest banks globally on the basis of total assets. It provides an extensive range of corporate and consumer banking services in Japan and globally.

About SMBC Nikko Securities Inc.

SMBC Nikko is one of the leading full-line securities companies in Japan covering all client segments with a broad range of financial products and services through its international network.

Additional Information and Where to Find it

This communication may be deemed to be solicitation material in respect of the shareholder approval (the “Shareholder Approval”) of the amended and restated certificate of incorporation authorizing additional shares of non-voting common stock. In connection with an annual meeting of its shareholders for the Shareholder Approval, Jefferies intends to file relevant materials with Securities and Exchange Commission (the “SEC”), including Jefferies’ proxy statement in preliminary and definitive form. INVESTORS AND SHAREHOLDERS OF JEFFERIES ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING JEFFERIES’ PROXY STATEMENT (IF AND WHEN AVAILABLE), BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED AMENDED AND RESTATED CERTIFICATE OF INCORPORATION. Investors and security holders are or will be able to obtain the documents (if and when available) free of charge at the SEC’s website at www.sec.gov, or free of charge from Jefferies by directing a request to Laura Ulbrandt DiPierro, Corporate Secretary, 520 Madison Avenue, New York, NY 10022.

Participants in the Solicitation

Jefferies and its directors, executive officers and other members of management and employees, under SEC rules, may be deemed to be “participants” in the solicitation of proxies from shareholders of Jefferies in favor of the Shareholder Approval. Information about Jefferies’ directors and executive officers is set forth in Jefferies’ Proxy Statement on Schedule 14A for its 2025 Annual Meeting of Shareholders, which was filed with the SEC on February 14, 2025. To the extent holdings of Jefferies’ securities by its directors or executive officers have changed since the amounts set forth in such 2025 proxy statement, such changes have been or will be reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC. Additional information concerning the direct or indirect interests, by security holdings or otherwise, of Jefferies’ participants in the solicitation, which may, in some cases, be different than those of Jefferies’ shareholders generally, will be set forth in Jefferies’ proxy statement relating to the Shareholder Approval when it becomes available.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements about our future and statements that are not historical facts. These forward‐looking statements are typically identified by such words as “believe,” “expect,” “anticipate,” “may,” “intend,” “outlook,” “will,” “estimate,” “forecast,” “project,” “should,” and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which will change over time. Forward-looking statements may contain beliefs, goals, intentions and expectations regarding revenues, earnings, operations, arrangements and other results, and may include statements of future performance, plans, and objectives. Forward-looking statements also include statements pertaining to our strategies for future development of our businesses and products, including Jefferies and SMBC Group’s strategic alliance. In particular, forward-looking statements include statements about the potential benefits of the collaboration with SMBC Group and SMBC’s intention to increase its equity investment in Jefferies, as SMBC is under no obligation to do so. Forward‐looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update any forward‐looking statements. Furthermore, because forward‐looking statements represent only our belief regarding future events, many of which by their nature are inherently uncertain, the actual results or outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. Information regarding important factors, including “Risk Factors” that could cause actual results or outcomes to differ, perhaps materially, from those in our forward-looking statements is contained in reports we file with the SEC. You should read and interpret any forward-looking statement together with reports we file with the SEC. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy will be profitable or equal the corresponding indicated performance level(s).

Source: Jefferies Financial Group Inc.

 

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Contacts

For inquiries, please contact:

Jonathan Freedman

Head of Marketing and Communications

Jefferies Financial Group Inc.

jfreedman@jefferies.com

Drew Benson

Head of Communications

Sumitomo Mitsui Banking Corporation – Americas Division

MediaRelationsAmericas@smbcgroup.com

 

Sharjah hosts Inclusion International 18th World Congress 2025 ‘We Are Inclusion’ for the first time, with 600 participants from 74 countries

Sharjah, United Arab Emirates - Friday, 19. September 2025

Sharjah hosted the 18th edition of the World Congress 2025 “We Are Inclusion” for the first time in the Middle East and North Africa, under the patronage and in the presence of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.

The event was held from September 15 - 17 at Expo Centre Sharjah, and organised by the Sharjah City for Humanitarian Services (SCHS) and Inclusion International, with support from the strategic partnership of the Sharjah Government Media Bureau.  The congress brought together 152 speakers, including self-advocates, families, experts, and policymakers from 160 organisations across 74 countries, featuring 59 sessions, with 600 participants.

During the event, Inclusion International granted Sheikha Jameela bint Mohammed Al Qasimi, Chairperson of Sharjah City for Humanitarian Services, an honorary lifetime membership in recognition of her pivotal contributions to the global movement to empower people with intellectual disabilities and to strengthen the rights and roles of their families in society.

This accolade is a distinguished international honour conferred by the world’s largest network dedicated to advocating for the rights of persons with intellectual disabilities and their families. It firmly positions Sheikha Jameela Al Qasimi among the foremost global figures whose contributions have significantly advanced the protection, empowerment, and inclusion of individuals with intellectual disabilities on the international stage.

Sheikha Jameela Al Qasimi stated that the conferment of honorary lifetime membership by Inclusion International represents a distinguished recognition of the Emirate of Sharjah, led by His Highness the Ruler of Sharjah, whose visionary leadership has established a deeply rooted humanitarian framework grounded in justice and has consistently prioritised the rights and welfare of persons with disabilities.

She further emphasised that this honour serves as a testament to the enduring legacy of SCHS, which, since its establishment, has stood as a beacon of inclusion, a leading institution in specialised knowledge and services, and a major driver of international cooperation and partnerships.

Sue Swenson, President of Inclusion International, commended Sharjah for presenting an inspiring model in caring for and empowering persons with intellectual disabilities. She said: “The emirate has demonstrated that investing in inclusive policies positively transforms the lives of individuals and families, while strengthening communities. Hosting this congress underlines Sharjah’s role as a key partner in shaping a more inclusive international future.”

Hosting the congress, which convenes every four years in a member country, reflects Sharjah’s commitment to the principles of Inclusion International: inclusive education, community inclusion, empowerment, equality, and the protection of rights. These principles have been turned into practical programmes and policies that have yielded success over the past decades.

The opening ceremony heard from prominent officials and international figures, including His Excellency Shaikh Mohamed bin Duaij Al Khalifa, President of the Bahrain Paralympic Committee; Jamie Cooke, Executive Director of Inclusion International; Hashem Taqi, President of Inclusion International MENA; and His Royal Highness Prince Mired bin Raad bin Zeid, President of the Higher Council for the Rights of Persons with Disabilities in Jordan.

 

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Contacts

Hussain Al Mulla

Hussain.AlMulla@SGMB.ae   

Robots, Futurists and an Apple Co-Founder: Moscow Prepares for the BRICS Urban Future Forum

Dubai, United Arab Emirates - Thursday, 18. September 2025

Moscow will host the third BRICS Urban Future Forum.

The BRICS Urban Future Forum will serve as a magnet for leading global experts — government representatives, members of the scientific and technological community, business leaders, and opinion makers from more than 35 countries across the Middle East, Southeast Asia, Europe, Latin America, and Africa. Over 320 experts will discuss priorities and strategies for urban transformation through 2040, with a focus on the role of technology in achieving development goals.

This year’s Forum theme is “The Technological Framework of the City”, placing robotic technologies at the center of the agenda. They already play a key role in the operation of all urban services, and their importance will only continue to grow. The rapid development of robotics, widespread automation, and artificial intelligence is becoming the main driver of transformation in production, labor, and social systems.

The BRICS Urban Future Forum serves as a platform for international exchange on building the megacities of tomorrow. Dr. Kate Barker — Chief Futurist of NEOM, strategic advisor to the UAE government and Fortune 500 companies — will share her expertise in developing cities where robots, artificial intelligence, and the platform economy become an integral part of the urban environment. She will draw parallels between projects such as NEOM and the challenges faced by today’s megacities as they transition into a “hybrid world.” The expert will address some of the key questions of the coming decades: new models of digital platforms, the protection of digital sovereignty, as well as the risks of mass robotization and the adaptation of megacities to the emergence of robots, air taxis, and virtual services.

The discussions will also address issues such as the evolution of technology and digital exploitation. Yanis Varoufakis, the economist who coined the concept of techno-feudalism, will explain how machine learning algorithms have fueled the rise of digital platforms that are gradually replacing traditional markets, granting their owners the power to extract “cloud rent” — income from the use of data and online services. In his view, this process turns the owners of such platforms into “tech overlords,” while users, in turn, become “cloud serfs.”

Last year, the Forum brought together 13,000 participants and became a platform for dialogue and new partnerships in technological development aimed at creating more sustainable, smarter, and more comfortable cities for future generations. Important agreements were reached, including technology transfer deals between Russian companies Informtekhnika, IBI Software, and Digital Practices with partners in Egypt. The Skolkovo Foundation also signed a series of cooperation agreements with DUBAI CHAMBERS, CORPORATE GROUP — one of the UAE’s leading high-tech companies — as well as the Game Art Pioneers gaming conglomerate.

The BRICS Urban Future Forum will be held in Moscow for the third time on September 17-18. This year it will focus on robotic technologies and artificial intelligence. Russia’s capital will host representatives of government, business, the scientific and technological community, and opinion leaders from more than 35 countries across the Middle East, Southeast Asia, Europe, Latin America, and Africa. The Forum’s main objectives are to exchange best practices in innovation, strengthen international partnerships, discuss strategies for urban transformation, and showcase technological solutions for megacities.

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Contacts

Namita Thakkar
namita@matrixdubai.com

IQM and Scientek Corporation Sign Reseller Agreement to Boost Quantum Computing in Taiwan

 Companies aim at fuelling the local quantum ecosystem growth and promote adoption

(BUSINESS WIRE) -- IQM Quantum Computers and Scientek Corporation, a Taiwan-based reseller of scientific instruments and other high-technology products, today announced the signing of a strategic reseller agreement to accelerate the commercialisation of quantum computing.

The agreement follows the installation of IQM Spark, the first full-stack superconducting quantum computer at the Taiwan Semiconductor Research Institute (TSRI). Under the reseller agreement, Scientek will sell and promote IQM’s on-premises quantum computers and cloud solutions that meet the evolving needs of universities, research institutions, and enterprises.

Combining Scientek's strong market presence and customer-centric approach in Taiwan with IQM’s quantum leadership, the collaboration will help Taiwanese businesses and research institutions to explore and leverage the power of quantum computing to solve complex problems and drive scientific research and development.

“This reseller agreement builds on our existing momentum in Taiwan and across the APAC region and represents another key step forward in expanding IQM’s global footprint,” said Mikko Välimäki, Co-CEO of IQM Quantum Computers. “We also believe that Scientek’s prior deep expertise in cryogenics makes them an ideal partner to support IQM’s full-stack superconducting quantum computers in the Taiwanese market.”

“Together with IQM’s leading superconducting quantum computers, our expectation is to take Taiwan’s computing capabilities to the quantum age,” said Simon Lin, CEO of Scientek Corporation. “We believe that IQM's excellent technical team in building up powerful quantum computer system makes our collaboration to bring Taiwanese people to move forward and achieve new height.”

About IQM Quantum Computers:

IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centers, research labs, universities, and enterprises that have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea, and the United States. For more information, visit meetiqm.com.

About Scientek Corporation:

Scientek is a professional instrument agent/distributor in Taiwan with over 45 years’ experience. Scientek serves as Sales and Service partner channel for metrology tools for academic institutions, safety gas detectors or analysers for semiconductor fab and industrial facilities. Scientek expands Quantum Computing Solution in Taiwan and successfully promotes cryo refrigerator system, cluster control system, components and cryocoax cables to government research centers and universities in past years. For more information, visit Scientek-co.com.

 

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Contacts

Media contact:

Email: press@meetiqm.com

Mobile: +358504790845

www.meetiqm.com

sales@scientek-co.com

+886-3-5590909

www.scientek-co.com

Lenovo Finds 65% of IT Leaders Admit Their Defenses Can’t Withstand AI Cybercrime

 

New Lenovo Research Shows How AI-Powered Defenses Help Enterprises Turn Cyber Risk into Cyber Resilience

(BUSINESS WIRE) -- Lenovo research reveals a widening security gap as AI-driven cybercrime surges: 65% of IT leaders surveyed admit their defenses are outdated and unable to withstand AI-enabled attacks, and just 31% feel confident defending against them.

The new insights are drawn from Lenovo’s third Work Reborn report, Reinforcing the Modern Workplace. While AI is driving business improvements and efficiency gains, it is also fueling a new wave of cybercrime that most businesses are ill-equipped to defend against. This underscores the critical need for enterprises to adopt AI-driven strategies that can counter threats that learn, adapt, and evolve in real time. Lenovo is positioned to deliver this shift with end-to-end solutions that embed AI security into the digital workplace. With operations in 180 markets and a leader in enterprise technology, Lenovo brings unmatched scale to solving AI workplace challenges, from protecting sensitive data to countering evolving cyber threats.

“AI has changed the balance of power in cybersecurity. To keep up, organizations need intelligence that adapts as fast as the threats. That means fighting AI with AI,” said Rakshit Ghura, Vice President & General Manager, Lenovo Digital Workplace Solutions. “With intelligent, adaptive defenses, IT leaders can protect their people, assets, and data while unlocking AI’s full potential to drive business forward.”

The New Class of AI Threats

The advance of generative AI has supercharged cybercriminal strategies, enabling hyper-agile attacks. Modern AI-driven threats can mimic legitimate behavior, mutate to avoid detection, and span multiple domains – from cloud to endpoints, applications, and data repositories.

The report highlights the top concerns among IT leaders:

• AI-powered external threats – from polymorphic malware and AI-driven phishing to deepfake impersonation, AI attacks are faster, more convincing, and harder to detect.

• Insider risks – 70% of IT leaders surveyed see employee misuse of AI as a major risk, and more than 60% say AI agents create a new class of insider threat they are unprepared to manage.

• Protection of AI itself – models, training data, and prompts are now high-value targets that must be defended against manipulation and compromise.

Taken together, these risks show why conventional defenses are no longer enough. And this is where Lenovo is leading with AI-native defenses designed to spot threats earlier, adapt in real time, and scale across the modern workplace. Industry analysts echo this urgency. Gartner® notes that “by 2027, 90% of successful AI implementation in cybersecurity will be tactical — focused on task automation and process augmentations — rather than role replacing.¹” McKinsey warns that enterprises leaning on traditional defenses will fall short as AI reshapes both cyber threats and defenses².

Lenovo is also extending AI-driven protection to the device level. With the rise of AI PCs, Lenovo is embedding intelligence into endpoints so they function as more protected, self-defending assets. This device-level intelligence connects seamlessly with Lenovo’s broader cyber resiliency platform, delivering unified protection from edge to cloud.

From Reactive to Resilient

To shift the balance, IT leaders need a two-pronged approach that enhances detection and embeds AI directly into their defenses. Yet adoption is slowed by legacy systems, talent gaps, and budget pressures. That’s why Lenovo is extending AI-powered protection beyond the security operations center to the entire digital workplace. With Lenovo Digital Workplace Solutions, delivered by the Gen-AI-driven platform Care of One™, enterprises are strengthening cyber resilience through Lenovo Security Services with ThinkShield, enhancing protection for endpoints, data, applications, and employees at enterprise scale.

Lenovo’s commitment to practical, trusted security has been recognized across the industry. At the 2025 Fortress Cybersecurity Awards, Lenovo earned honors in three categories:

• Cybersecurity Leaders – Nima Baiati, Executive Director and General Manager, Commercial Software and Security Solutions, Lenovo (Zero Trust Architecture)

• Supply Chain -- Lenovo ThinkShield Supply Chain Assurance, recognized for protecting the integrity of devices at scale. Global enterprises like Meta use ThinkShield Supply Chain Assurance to validate employee devices, with Meta noting it “significantly boosts our trust in the authenticity and integrity of our hardware.”³

• Leading Cybersecurity Products and Services – Lenovo Cyber Resiliency as a Service (CRaaS) in the Cloud Security category

Lenovo Cyber Resiliency as a Service offers managed services to help organizations monitor, detect, and respond to cyber incidents, reducing downtime and strengthening resilience. Early deployments have delivered 99.5% threat detection, response times under 30 minutes, and more than 20% cost savings in year one. Delivered via subscription, CRaaS expands access to expert support and enterprise-grade security tools while helping customers manage costs. These outcomes reinforce Lenovo’s role as a trusted partner in building protected, AI-ready digital workplaces.

Lenovo ThinkSystem x86 servers have also been independently validated for reliability, ranking #1 in uptime among all x86 platforms for 11 years running, according to Information Technology Intelligence Consulting’s (ITIC) 2024 Global Server Hardware, Server OS Reliability Report.⁴

AI Security as a Growth Engine

Securing AI-enabled workplaces is not only a defense but also a growth engine and competitive differentiator. Lenovo’s report finds that when organizations trust their AI security foundations, they unlock productivity, lower costs, and accelerate adoption of AI-powered digital workplace solutions.

Ghura concluded, “With AI tools proliferating beyond IT’s visibility and attackers exploiting gaps traditional systems can’t recognize, Lenovo is delivering the AI-powered defenses enterprises need to close the gap, turning risk into resilience and enabling workplaces that are protected, productive, and future-ready.”

As AI becomes the fabric of business, Lenovo is committed to building workplaces that are not only more protected, but also intelligent, adaptive, and ready for what comes next. See where enterprise defenses fall short against AI-driven threats and how Lenovo helps close the gap. Download the full Reinforcing the Modern Workplace report for practical steps enterprises can take to outpace AI threats.

About Lenovo

Lenovo is a US$69 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

Notes for editors

Reinforcing the Modern Workplace is the third report in the Lenovo Work Reborn Research Series 2025, which is being published throughout the course of the year. The report is based on a survey of 600 IT leaders that took place in October and November 2024. The survey sample included respondents from the USA Canada, UK, France, Germany, India, Japan, Singapore, Brazil, Mexico Australia, and New Zealand. Respondents included IT leaders from companies with at least 1,000 employees and from a range of sectors.

Lenovo, ThinkShield and Thinksystem are trademarks of Lenovo. All other trademarks are the property of their respective owners. ©2025 Lenovo Group Limited. All rights reserved.

CITATIONS

¹Source: Gartner, Security & Risk Management Summit 2025, National Harbor: Day 1 Highlights
GARTNER is a registered trademark of Gartner, Inc., and/or its affiliates. All rights reserved.
²Source: McKinsey & Company, “The cybersecurity provider’s next opportunity: Making AI safer,” 2024
https://www.mckinsey.com/capabilities/risk-and-resilience/our-insights/the-cybersecurity-providers-next-opportunity-making-ai-safer
³Source: Meta Case Study – Zero Trust: Validating the integrity of employee devices with Lenovo ThinkShield Supply Chain Assurance, 2025.
⁴ Source: Information Technology Intelligence Consulting’s (ITIC) 2024 Global Server Hardware, Server OS Reliability Report

 

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Zeno Group for Lenovo: lenovossg@zenogroup.com

Galderma Launches Transformative Skincare Segment With Cetaphil’s New Skin Activator Hydrating & Firming Line, in Partnership With Actor and Filmmaker Mariska Hargitay

 Cetaphil's new Skin Activator Hydrating & Firming Line harnesses a proprietary formula, co-created with dermatologists and offering targeted, high-performance skincare designed to improve the appearance of skin affected by dermatoporosis

The line’s new Skin Activator technology uses microdosed alpha hydroxy acid (AHA) and encapsulated centella asiatica (CICA) to wake up sleeping surface skin cells

To help bring this segment-defining product line to life, Cetaphil is partnering with acclaimed actress, director, and advocate, Mariska Hargitay, a powerful voice in embracing beauty at every stage

 

(BUSINESS WIRE) -- Galderma today announced Cetaphil, the dermatologist-recommended brand trusted by millions with sensitive skin, is redefining daily skincare with its new Skin Activator Hydrating & Firming line. The launch marks an entirely new skincare segment of advanced hydration and firming solutions designed specifically for improving the appearance of aging, thinning, and fragile skin. As people age, surface skin cells stop performing at the same level, or “go to sleep,” causing fine lines, dehydration, and looser skin, in turn leading to skin looking and feeling less firm and more fragile.1

Skin Activator technology serves as a “wake-up call” to sleeping surface skin cells. The unique complex is powered by encapsulated CICA to help restore the skin’s moisture barrier to visibly plump and firm skin as well as microdosed mandelic acid to increase surface skin cell turnover to visibly reduce dull, uneven skin. In clinical trials, the Skin Activator Hydrating & Firming Lotion showed to be effective in improving the appearance of skin crepiness and smooth skin’s texture in one week. It was also proven to hydrate for firmer-looking skin in just four weeks. Moreover, when patients were asked about their experiences, 88% of Skin Activator Hydrating & Firming Cream users said their skin looked less crepey in 2 days, and 87% said their skin appeared more youthful after one week.2

 

“This launch signals a turning point in how we approach skin longevity. It’s more fundamental than wrinkles or loss of firmness, it’s about preserving surface skin health at the cellular level. As skin undergoes changes with age, it demands more precise, science-driven support. This insight fueled the development of our Skin Activator Hydrating & Firming line: a dermatologist-developed routine designed to strengthen, revitalize, and transform skin’s appearance.”

 

ALAN D. WIDGEROW, MBBCH, MMED, FCS, FACS

CHIEF SCIENTIFIC OFFICER GALDERMA

HEAD OF INNOVATION, DERMATOLOGICAL SKINCARE

 

In developing the Skin Activator Hydrating & Firming Line, Galderma partnered with a medical advisory board of leading dermatologists.

 

“As a dermatologist, I’m always looking for what’s next in skin science, especially when it comes to aging. That’s why I was so excited to work with Cetaphil on the Skin Activator Hydrating & Firming line. We took on one of the biggest underlying causes of visible aging: surface skin health and cell senescence. By targeting these ‘zombie cells,’ we’re helping to support skin renewal in a way that’s truly backed by science. It’s been incredibly rewarding to help bring that kind of innovation to a skincare routine patients can use all over, every day.”

 

DR. GLYNIS ABLON*

BOARD-CERTIFIED DERMATOLOGIST

ASSOCIATE CLINICAL PROFESSOR, UNIVERSITY OF CALIFORNIA, LOS ANGELES

 

A new era of skin activation, backed by science and brought to life by a cultural icon

To help bring this segment-defining line to life, Cetaphil is proud to partner with acclaimed actress, director, and advocate, Mariska Hargitay. Known for her strength, compassion, and authenticity, Hargitay represents a powerful voice in embracing beauty at every stage of life. As the face of the campaign, she will help share a message of empowerment and reinvention – giving women the tools to reawaken both their skin’s look and their aspirations. Hargitay’s partnership will span across a robust marketing effort, inclusive of PR, advertising, in-store, retailer e-commerce, and social.

Fragrance-free, non-comedogenic, and hypoallergenic, the Skin Activator Hydrating & Firming line also embraces the trending notion of “skinification,” or using facial care-inspired ingredients to address full-body skincare needs. Products within the newly launched Skin Activator Hydrating & Firming Line include:

Cetaphil Hydrating & Firming Cream for Neck, Chest, and Face (3.4 oz.)

Cetaphil Hydrating & Firming Cream for Body (12 oz.)

Cetaphil Hydrating & Firming Lotion (16 oz.)

The Hydrating & Firming Line is now widely available for purchase in the United States. Galderma is working to bring this new innovation to other international markets where Cetaphil is already available. See full list of retailers here: https://www.cetaphil.com/us/where-buy. For more information, consumers can also follow Cetaphil on Instagram (@Cetaphil) and TikTok (@Cetaphil) or visit www.cetaphil.com.

About Cetaphil®

Over seventy-five years ago, a leading pharmacist created the first Cetaphil product – a gentle, yet powerful formula that would clean without stripping and moisturize without clogging. Today, Cetaphil is a dermatologist recommended sensitive skincare brand and is recognized around the world. With the help of leading global skincare experts, they continue to develop innovative skincare technologies for sensitive skin that help restore, protect and maintain skin's health every day. For more information, visit www.cetaphil.com.

About Galderma

Galderma (SIX: GALD) is the pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermato-logical Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body's largest organ – the skin – meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we are in shapes our lives, we are advancing dermatology for every skin story. For more information: www.galderma.com.

References and disclaimers:

Novel Strategy for Strengthening Dermatoporotic Skin by Managing Cellular Senescence. J Drugs Dermatol. 2024 Sep 1;23(9):748-756. doi: 10.36849/JDD.8388.

Galderma 12-week in-use study-consumer data questionnaire. Subject data on file.

* Paid Galderma Consultant; Galderma Clinical Study investigator for the Cetaphil hydrating & firming product line

 

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Contacts

Christian Marcoux, M.Sc.

Chief Communications Officer

christian.marcoux@galderma.com

+41 76 315 26 50

Jeffrey Smith

Head of U.S. Communications

jeffrey.smith@galderma.com

+ 1 (682) 401-8428

Emil Ivanov

Head of Strategy, Investor Relations, and ESG

emil.ivanov@galderma.com

+41 21 642 78 12

Jessica Cohen

Investor Relations and Strategy Director

jessica.cohen@galderma.com

+41 21 642 76 43

 

Galderma’s Groundbreaking Real-World Study Reveals the Biological Toll of Modern Living and Urban Environments on Sensitive Skin

ZUG, Switzerland - Wednesday, 17. September 2025

• Results from a real-world clinical study conducted in China, to be presented at the European Academy of Dermatology and Venereology (EADV) 2025 Congress, reveal that modern lifestyles and environmental triggers significantly impact individuals with sensitive skin1
• Data show that people with sensitive skin living in modern environments have higher levels of inflammation compared to those living traditional, less stressful lifestyles1
• This first-of-its-kind study was conducted by Galderma’s Global Sensitive Skincare Faculty (GSSF) as part of the company’s commitment to transforming the understanding and care of sensitive skin1

(BUSINESS WIRE)--Galderma today announced new data from a first-of-its-kind real-world clinical study conducted in China assessing the biological impact of different lifestyles and their associated environmental factors on individuals with sensitive skin.1 Results from the study, conducted by dermatology experts from Galderma’s Global Sensitive Skincare Faculty (GSSF), will be presented at the European Academy of Dermatology and Venereology (EADV) 2025 Congress on Friday, September 19. The findings provide compelling evidence that modern, urban lifestyles are associated with worsened skin health in people with sensitive skin.1

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250916245806/en/

Sensitive skin affects up to 70% of people globally – a figure that has risen by 68% over the past two decades – yet it remains widely overlooked and under-studied.2,3 As more people live fast-paced lives in densely populated urban cities, growing evidence links modern lifestyle factors, such as pollution, chronic stress, and poor sleep quality, to worsening skin health.1,4,5 To explore this connection, the GSSF – a global network of dermatology experts dedicated to advancing sensitive skin research and education – launched a real-world study examining the biological impact of urban living on sensitive skin.

 

“This clinical study delivers compelling biological evidence that sensitive skin responds differently and more intensely to the pressures of modern living. These findings validate what many clinicians observe but rarely see quantified: that pollution, stress, and poor sleep can visibly and measurably aggravate sensitive skin. Through this research, Galderma’s Global Sensitive Skincare Faculty is working to elevate sensitive skin from a subjective complaint to a scientifically understood condition, helping pave the way for better diagnosis, education, and care.”

 

AARON FARBERG, MD

DERMATOLOGIST AND MOHS SURGEON

BAYLOR SCOTT & WHITE HEALTH, UNITED STATES

 
    

 

The clinical study enrolled 150 women from China aged 35–50, divided into three equal groups: individuals with sensitive skin living in modern, urban environments; individuals with sensitive skin living in traditional, less urbanized settings; and individuals with non-sensitive skin living in modern environments.1 Participants in modern environments experienced higher pollution, stress, and poorer sleep compared to those in traditional settings.1 The study compared skin health across these groups to assess the impact of both lifestyle and skin sensitivity.1

Modern living leaves a mark
Results from a tape-stripping analysis of the outermost layer of the skin (the stratum corneum) reveal that sensitive skin faces a triple threat: inflammation, oxidative stress, and environmental damage.1

The study revealed significant biological differences in people with sensitive skin; people living in modern environments exhibited three times more inflammation than those in traditional environments, as evidenced by elevated levels of the inflammatory marker, prostaglandin E2.1 Inflammation plays a key role in sensitive skin by activating immune responses that lead to redness, discomfort, and barrier disruption, making the skin more reactive to environmental stressors.1

The findings also point to oxidative stress – a biological response to environmental stressors like UV exposure and pollution which triggers skin aging – playing a central role in sensitive skin.1 Individuals with sensitive skin in modern environments showed a 16% increase in oxidative stress markers compared to non-sensitive skin, indicating an exaggerated response that may accelerate skin damage and compromise long-term skin health.1 Notably, consistently high oxidative stress levels were observed in sensitive skin regardless of lifestyle, suggesting that oxidative stress may be a core driver of sensitive skin.1

In addition, a higher level of dark spots commonly associated with photoaging was observed in sensitive skin, providing visible evidence of the long-term impact of environmental stressors on skin integrity and appearance.1

Taken together, these findings underscore the profound influence of environmental factors on sensitive skin, particularly in modern urban settings.1 The combination of heightened inflammation, persistent oxidative stress, and visible signs of damage points to a biologically distinct skin profile that is more vulnerable to internal and external triggers.1

Full results from the study will be presented during the GSSF industry hub titled, “Sensitive skin syndrome: A rising phenomenon linked to modern lifestyles and environmental changes” on Friday, September 19 from 11:15 AM - 12:00 PM CET, Hub 2.

Galderma’s mission to improve the lives of those with sensitive skin is reflected in its robust presence at EADV, where the company will also present its latest sensitive skin research across five abstracts, and host Meet the Expert sessions dedicated to its flagship gentle skincare brand, Cetaphil®, at the company’s booth (#EO1). By fostering education and supporting innovative research initiatives, Galderma is helping to transform the field of dermatology and deliver meaningful solutions for people living with sensitive skin.

More information about Galderma’s activities at EADV can be found here.

About Galderma's Global Sensitive Skincare Faculty (GSSF)
The GSSF is a pioneering international initiative dedicated to advancing the understanding, diagnosis, and care of sensitive skin. Bringing together leading dermatology experts from around the world, GSSF conducts inclusive, science-led research to explore factors that contribute to the rise and severity of sensitive skin conditions, such as modern living and climate change. Through landmark studies like the largest-ever epidemiological survey on sensitive skin, GSSF is uncovering the biological realities of sensitive skin across diverse populations. Its mission is to elevate sensitive skin from a subjective complaint to a scientifically recognized condition, driving innovation, education, and improved dermatological outcomes globally.

About Galderma
Galderma (SIX: GALD) is the pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body’s largest organ – the skin – meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we are in shapes our lives, we are advancing dermatology for every skin story. For more information: www.galderma.com.

References

    Friedman A. Sensitive skin syndrome: A rising phenomenon linked to modern lifestyles and environmental changes. Presented as an industry hub at the European Academy of Dermatology and Venereology Congress; September 17-20, 2025; Paris, France.
    Richters R, et al. What Is Sensitive Skin? A Systematic Literature Review of Objective Measurements. Skin Pharmacol Physiol. 2015;28,75-83. doi:10.1159/000363149.
    Vidal S, et al. Defining the Prevalence, Clinical Characteristics, and Demographic Influences on Patients with Sensitive Skin Syndrome: Insights from the Largest Global Survey of Sensitive Skin. Poster presented at the EADV Congress; September 17-20, 2025; Paris, France
    Prescott SL, et al. The skin microbiome: impact of modern environments on skin ecology, barrier integrity, and systemic immune programming. WAO Journal. 2017;22,10(1):29. doi:10.1186/s40413-017-0160-5.
    Chen X, et al. A review of factors influencing sensitive skin: an emphasis on built environment characteristics. Front. Public Health. 2023;11,1269314. doi:10.3389/fpubh.2023.1269314.

 

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Contacts

For further information:

Christian Marcoux, M.Sc.
Chief Communications Officer
christian.marcoux@galderma.com
+41 76 315 26 50

Richard Harbinson
Corporate Communications Director
richard.harbinson@galderma.com
+41 76 210 60 62

Céline Buguet
Franchises and R&D Communications Director
celine.buguet@galderma.com
+41 76 249 90 87

Emil Ivanov
Head of Strategy, Investor Relations, and ESG
emil.ivanov@galderma.com
+41 21 642 78 12

Jessica Cohen
Investor Relations and Strategy Director
jessica.cohen@galderma.com
+41 21 642 76 43