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DeeLance Crypto Presale Launches to Bring Freelancing & Recruiting to Web3

Finance News

Web3 freelance and recruitment marketplace DeeLance launched its presale, raising more than $27,000 in its first 24 hours. This disruptive new platform seeks to revolutionize how companies hire contract employees and freelancers. Thanks to DeeLance’s use of blockchain technology, it’s simpler, faster, and cheaper to hire the right person for every job than ever before. Early investors have 15 days remaining to lock in the lowest price for DeeLance’s native ERC-20 token, $DLANCE. The project is planning an initial exchange offering at a list price of $0.035, representing a 40% increase from today’s presale price. DeeLance takes aim at the $761 billion recruitment industry DeeLance is making waves among analysts and investors because the potential size of its disruption is enormous. The global human resources (HR) and recruitment services industry is worth an estimated $761 billion according to research firm IBISWorld. DeeLance is going toe-to-toe right from the start with publicly traded companies like Upwork and Fiverr. However, DeeLance brings significant advantages for employers and freelancers compared to these legacy recruitment platforms. First, DeeLance makes it significantly cheaper to hire. Its 2% fee for employers is the lowest of any existing marketplace. Its 10% fee for freelancers is also highly competitive. On top of that, DeeLance doesn’t hold up payments for days on end. The platform’s blockchain-backed escrow accounts protect both employers and workers from loss, but release funds instantly once work is transferred and approved. Payments can be made in cryptocurrency as well as fiat, ensuring that there are no payment delays or costly foreign exchange fees. Visit DeeLance Presale Leveraging NFTs to manage ownership over work One of the biggest challenges that existing freelance marketplaces face is transferring ownership from contract workers to employers. Contracts rarely specify who gets to keep the intellectual property rights associated with any piece of content. DeeLance cuts through the confusion by tokenizing work as NFTs. When an employer purchases work such as a piece of written content or software code, they receive an NFT representing their ownership over that work as a deliverable. This ensures that there are never questions about who owns a piece of content and there are no limits on how companies can use the work that they’ve paid for. DeeLance metaverse offers new ways to work and hire Alongside its Web3 marketplace, DeeLance is developing the first metaverse built specifically for recruitment and freelancing. The DeeLance metaverse is an integral part of this platform, not an afterthought to take advantage of the latest trends. In DeeLance’s metaverse, employers looking to hire and freelancers looking for work will be able to interact freely as avatars. Employers can set up offices to hold meetings and interviews or even purchase virtual advertising to supercharge their hiring process. Freelancers can advertise their services and network with clients to encourage repeat work. The $DLANCE token plays an essential role in this metaverse. While contracts on DeeLance can be paid in fiat or a variety of major cryptocurrencies, offices and advertising in the DeeLance metaverse can only be purchased with $DLANCE. This means that employers and freelancers who purchase $DLANCE during the presale can lock in a discount on future office space and advertising in the DeeLance metaverse. It’s an investment not only in $DLANCE itself, but also in the future of their own businesses. Visit DeeLance Presale Limited opportunity to invest in the future of hiring DeeLance is bringing together blockchain, NFTs, and the metaverse to redefine how companies hire and how freelancers find work. It offers a major leap forward over existing recruitment platforms and holds competitive advantages in price, transparency, and speed. Investors, employers, and freelancers can lock in the lowest price for the $DLANCE token during the first stage of the project’s presale. For a limited time, $DLANCE is priced at $0.025 USDT. The price will increase to $0.027 in Stage 2 of the presale and to $0.030 in Stage 3. The presale has allocated 30% of the total $DLANCE supply and has a hard cap of $6 million. Investors can purchase $DLANCE through the DeeLance presale site using Ethereum (ETH), Tether (USDT), or a credit card via Transak. Visit DeeLance Presale DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article. Contact Details Finance News Alex Brown alex@financenews.com

March 31, 2023 02:12 PM Eastern Daylight Time

To Empower Developing Countries by Blockchain Technology, MetaBank Announces Strategic Solutions at Oxford

MetaBank

Singapore-based MetaBank made its debut at the Blockchain Education Summit and Digital Civilisation conference held at Oriel College in Oxford University on 28th March 2023. MetaBank's CEO and COO shared the company's mission and latest case studies in Lao PDR. The company's core focus is to help developing countries transition to blockchain and digital civilisation, aiming to empower individuals and businesses worldwide. Founded by a team of bankers, lawyers, and researchers, MetaBank is committed to shaping the world by leveraging blockchain technology, particularly for developing countries in Asia. Developing countries in Southeast Asia, such as Lao PDR and Cambodia, have a lower economic development rate and poor infrastructure that have put their famous cultural heritage, such as Angkor Wat and the town of Luang Prabang, at risk. By applying blockchain technology, MetaBank aims to bring greater economic growth, helping these countries to achieve leapfrog development. MetaBank has developed innovative strategic solutions centred around blockchain technology, featuring three core pillars aimed at revolutionising the digital space. The first of these pillars is Digital Financial Inclusion, prioritising the provision of digital financial services to everyone, regardless of their income, social status, or location. Secondly, the Sustainable Digitisation pillar advocates for the fair and sustainable use of digital technologies to promote environmental responsibility and equitable access. The third pillar, the Digital Trust Ecosystem, prioritises secure and trustworthy digital interactions through cutting-edge technologies, policies, and practices. Blockchain technology is integral to achieving these objectives and enables improvements in digital identity, supply chain management, public services, transparency, and corruption reduction. MetaBank also uses blockchain technology to promote cultural heritage preservation and economic exchange through NFTs. Frank Sui, founder and CEO of the company, said, "I founded MetaBank to help eradicate poverty and give everyone a chance to live a better life." As an exclusive strategic partner for the Lao PDR government, MetaBank operates a national-level digital transformation project, using blockchain-powered digital assets as a viable solution to preserve the heritage of Buddhism in Lao PDR. LaoBuddhist.DAO will use NFTs to digitally promote Lao Buddhist culture around the world, create digital economic income, and increase foreign exchange reserves. The Luang Prabang Token (LPT) was issued based on the Lao national blockchain technology to improve the tourist experience by providing simple and convenient payment methods, thus preserving the national cultural heritage while promoting local economic development. MetaBank's ultimate mission is to provide financial services to those who are unbanked or underbanked. By using blockchain-based systems, local people can access financial services without needing a bank account. These projects allow people in developing countries who lack access to traditional banking systems to engage in economic activity and participate in the global economy. MetaBank's innovative solutions are set to shape the future of digital transformation and empower individuals and businesses worldwide. About MetaBank MetaBank is a company that is focused on driving digital inclusion and accelerating the transition to a digital civilisation. The company leverages blockchain technology to provide innovative solutions and financial services, particularly in developing countries in Asia. For more information, visit their website at www.MetaBank.com.sg. For Media Enquiries: press@metabank.sg Contact Details DeThings Jasmine jasmine@dethings.com Company Website https://www.metabank.com.sg/

March 31, 2023 11:56 AM Eastern Daylight Time

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AmpliTech Reports FY 2022 Results; Beats Revenue Guidance and Reports Record 267% YoY Annual Revenue Increase to $19.4 Million

Amplitech Group, Inc.

McapMediaWire - AmpliTech Group, Inc. (NASDAQ: AMPG ) a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks and a worldwide distributor of packages and lids for integrated circuit assembly, and designer of complete 5G/6G systems, today announced financial results for year ended December 31, 2022. The company will host an investor call on Monday, April 10 th at 4:00 PM EST. Investor Earnings Call Details Date/Time: Monday, April 10th at 4:00 pm EST Dial-in Number: 1-833-630-0019 (domestic) or 1-412-317-1807 (international) Online Replay/Transcript: Audio file and call transcript will be posted to AmpliTech’s news page when available. Investor Questions: May be submitted to investors @amplitechgroup.com prior to or during the call Full Year 2022 Highlights Revenue increased 267% to $19,394,000 in FY’22 compared to $5,275,000 in FY’21. FY’ 22 gross profit grew to $8,925,000, an almost 7-fold increase from FY’ 21 gross profit of $1,293,000. The gross profit margin increased by 2150 basis points to 46.0% compared to 24.5% a year ago. FY’22 net loss was $677,000 compared to a FY’21 net loss of $4,759,000, a positive swing of approximately $4.1 million. The net loss includes a one-time revenue earnout of approximately $816,000 as a result of Spectrum’s beating sales expectations for the years 2021 and 2022. It is important to note that without this earnout payment, the Company would have been profitable. As of December 31, 2022, cash and equivalents totaled $13,290,000 and working capital was $20,331,000, which is sufficient capital for AmpliTech to fund all of its strategic growth initiatives. AmpliTech experienced great success at trade shows such as Satellite 2022, IMS 2022, the AOC 2022, and the APS March Meeting 2022, achieving positive customer engagement and setting company records at each event for the number of meetings with new and existing customers. Customers have begun to sample AGMDC’s new MMIC chip products which have received very positive praise and feedback. Forward-Looking Update MMIC chips, or ICs, have been released to customers for testing and are expected to begin generating revenue in Q2 2023. Management expects sustained profitability going into 2023. Team is increasing sales exposure through enhanced strategic partnerships with sales representatives and distributors globally. Management Commentary Fawad Maqbool, Founder and CEO of AmpliTech, commented, “We are pleased to announce AmpliTech's annual results, with a remarkable 267% year-over-year increase in revenue. Our seamless integration of Spectrum Semiconductor and the successful launch of new initiatives, such as AGMDC’s industry leading LNAs in MMIC form and TGSS’s managed 5G system integration consulting service, demonstrate our unwavering commitment to innovation and growth. This is a continuation of our strategy to focus on increasing top-line revenue with high-margin products, which we are projecting will lead to increased bottom-line income later this year. Additionally, our industry-leading low noise amplifiers, now available in MMIC form, boast unparalleled signal-to-noise ratios, the central metric that defines the quality of an amplifier as well as the entire receiver. Our team’s relentless drive to solve engineering challenges underscores our dedication to providing cutting-edge technology to our clients. While we closely monitor the current economic situation, we are pleased to report that, at this time, we continue to have strong demand for our industry leading products. The gross profit margin’s impressive increase from 24.5% to 46.0% reflects our team’s efficiency and long-term planning strategy. As we celebrate these financial and operational milestones, we remain cognizant of the challenges posed by the lack of performant communication infrastructures. At AmpliTech, our mission is to empower companies to build the communications infrastructure that will fuel the future of technology – from AR/VR platforms and high-performance Quantum computing to 5G/6G networks providing satellite internet and beyond. Although there is still much work to be done across various industries - including satcom, telecom (5G), high-performance computing, defense, and aerospace - to achieve the connectivity speeds required by emerging technologies, we recognize the immense potential for innovation and are dedicated to developing solutions that address these challenges, enabling faster and more efficient communication systems. By continuously pushing the boundaries of communications technology, we aim to play a pivotal role in shaping the future of these industries and facilitating the realization of their full potential,” concluded Mr. Maqbool. About AmpliTech Group AmpliTech Group, Inc. designs, develops, manufactures, and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In December 2021, AmpliTech completed the purchase of the assets and operations of Spectrum Semiconductor Materials Inc. a global specialty distributor of semiconductor components based in San Jose, CA. AmpliTech has a 13+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries we serve. We are proud of our focused team's unique skills, experience and dedication, which enables us to deliver superior solutions, faster time to market, competitive pricing, excellent customer satisfaction and repeat business. For more information, please visit www.amplitechgroup.com. Safe Harbor Statement: This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: the lingering impact of the COVID-19 pandemic on the Company’s supply chain, revenues and overall results of operations, the Company's ability to execute its business plan as anticipated; trends affecting the Company's financial condition or results of operations; and the Company's growth strategy and operating strategy. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, all of which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising, these forward-looking statements, except as required by applicable law. Corporate Social Media Twitter: @AmpliTechAMPG Instagram: @AmpliTechAMPG Facebook: AmpliTechInc Investor Social Media Twitter: @AMPG_IR StockTwits: @AMPG_IR Company Contact: Shan Sawant, Director of Communications AmpliTech Group, Inc. Investors@amplitechgroup.com Investor Relations Contact: Kirin Smith, President PCG Advisory, Inc. ksmith@pcgadvisory.com www.pcgadvisory.com Contact Details AmpliTech Group, Inc. Investors@amplitechgroup.com Company Website http://www.amplitechgroup.com/

March 31, 2023 09:00 AM Eastern Daylight Time

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Nextech3D.AI announces company has taken major step forward with expansion into Asia

Nextech3D.AI

Nextech3D.AI CEO Evan Gappelberg joined Steve Darling from Proactive to share news the company has announced a significant expansion into the Asian market. Gappelberg tells Proactive the company agreed to a major enterprise 3D modeling deal for thousands of products marking its first contract in Asia, the largest and fastest growing market for eCommerce worth $3 trillion in annual revenue. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

March 31, 2023 08:00 AM Eastern Daylight Time

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AmpliTech to Release Earnings Tomorrow, Friday, March 31st; Company to Host an Earnings Call to Review

Amplitech Group, Inc.

McapMediaWire - AmpliTech Group, Inc. (NASDAQ: AMPG ) a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks and a worldwide distributor of packages and lids for integrated circuit assembly, and designer of complete 5G/6G systems, today announced that it will release full-year earnings for the fiscal year 2022 tomorrow, Friday, March 31st. The company will also host an earnings call Monday, April 10th, 2023 to review the progress of its growth initiatives and answer investor questions. Dial-in details are provided below: Investor Earnings Call Details Date/Time: Monday, April 10th at 4:00 pm EST Dial-in Number: 1-833-630-0019 (domestic) or 1-412-317-1807 (international) Online Replay/Transcript: Audio file and call transcript will be posted to AmpliTech’s news page when available. Investor Questions: May be submitted to investors@amplitechgroup.com prior to or during the call About AmpliTech Group AmpliTech Group, Inc. designs, develops, manufactures, and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In December 2021, AmpliTech completed the purchase of the assets and operations of Spectrum Semiconductor Materials Inc. a global specialty distributor of semiconductor components based in San Jose, CA. AmpliTech has a 13+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries we serve. We are proud of our focused team's unique skills, experience and dedication, which enables us to deliver superior solutions, faster time to market, competitive pricing, excellent customer satisfaction and repeat business. For more information, visit: www.amplitechgroup.com Safe Harbor Statement: This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its oﬃcers with respect to, among other things: the lingering impact of the COVID-19 pandemic on the Company’s supply chain, revenues and overall results of operations, the Company's ability to execute its business plan as anticipated; trends affecting the Company's ﬁnancial condition or results of operations; and the Company's growth strategy and operating strategy. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identiﬁed and described in more detail in the “Risk Factors” section of the Company’s ﬁlings with the SEC, all of which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising, these forward-looking statements, except as required by applicable law. Corporate Social Media Twitter: @AmpliTechAMPG Instagram: @AmpliTechAMPG Facebook: AmpliTechInc Investor Social Media Twitter: @AMPG_IR StockTwits: @AMPG_IR Company Contact: Shan Sawant, Director of Communications AmpliTech Group, Inc. Investors@amplitechgroup.com Investor Relations Contact: Kirin Smith, President PCG Advisory, Inc. ksmith@pcgadvisory.com www.pcgadvisory.com Contact Details AmpliTech Group, Inc. Investors@amplitechgroup.com Company Website http://www.amplitechgroup.com/

March 30, 2023 04:00 PM Eastern Daylight Time

AmpliTech Records a New Benchmark at Satellite 2023 Show in Washington, D.C.

Amplitech Group, Inc.

McapMediaWire - AmpliTech Group, Inc. (NASDAQ: AMPG ), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, as well as a worldwide distributor of packages and lids for integrated circuit assembly, is excited to announce an unprecedented achievement at the Satellite 2023 show held in Washington, D.C. The company recorded more than 100 meetings with executives in the satellite communications (Satcom) space – a new record for the prestigious event. Among the attendees were multiple Fortune 100 companies, top-tier research institutions, and exciting startups driving the next generation of connectivity. The Satellite 2023 show, one of the most significant gatherings in the satellite and space industry, served as the ideal platform for AmpliTech to showcase its cutting-edge technology and capabilities, including its industry-leading amplifiers with the best gain-to-noise ratio on the market and its new MMIC amplifier line. The record-breaking number of meetings held with industry leaders and decision-makers reflects AmpliTech's commitment to providing innovative solutions for the rapidly evolving Satcom market. During the show, AmpliTech's team engaged in meaningful discussions with executives from various sectors of the Satcom industry. They expressed keen interest in AmpliTech's high-performance LNAs, which can be implemented in a wide range of applications, including satellite teleports, antennas, satellite modems, phased array antennas, and satellites themselves. AmpliTech's LNAs are renowned for their industry-leading performance, reliability, and efficiency. The company's proprietary technology enables satellite communication systems to achieve optimal signal reception and transmission, ultimately leading to enhanced communication capabilities and reduced overall costs for satellite operators. Some customers were so impressed with AmpliTech's product line that they had already entered the specifications and RFQ (Request for Quotation) phase. This demonstrates the high level of confidence in AmpliTech's LNA solutions and their potential for revolutionizing the Satcom industry. "We are thrilled with the success we experienced at the Satellite 2023 show," said Fawad Maqbool, CEO of AmpliTech. "Incorporating high-quality amplifiers in our satellites is crucial for optimal signal transmission and reception. The pitfalls of using sub-par amplifiers can lead to signal degradation, increased interference, and ultimately, higher operational costs for satellite operators. By utilizing our industry-leading amplifiers, we provide our clients with enhanced communication capabilities and a more cost-effective solution. Our record-breaking number of meetings with representatives from Fortune 100 companies, top research institutions, and innovative startups is a testament to the growing interest in more performant LNA solutions to avoid the mentioned pitfalls, and the risk of obsolescence in ground stations and satellites. We are eager to continue collaborating with industry leaders and contributing to the development of the next generation of satellite communication systems." As a pioneer in the RF space, AmpliTech remains dedicated to driving innovation in the Satcom sector. The company is well-positioned to support the rapid advancements in satellite technology and expand its global presence through strategic partnerships and collaborations with industry frontrunners. About AmpliTech Group AmpliTech Group, Inc. designs, develops, manufactures and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In December 2021, AmpliTech completed the purchase of the assets and operations of Spectrum Semiconductor Materials Inc. a global specialty distributor of semiconductor components based in San Jose, CA. AmpliTech has a 13+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries we serve. We are proud of the unique skills, experience and dedication of our focused team which enables us to deliver superior solutions, faster time to market, competitive pricing and excellent customer satisfaction and repeat business. Safe Harbor Statement This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its oﬃcers with respect to, among other things: the lingering impact of the COVID-19 pandemic on the Company’s supply chain, revenues and overall results of operations, the Company's ability to execute its business plan as anticipated; trends affecting the Company's ﬁnancial condition or results of operations; and the Company's growth strategy and operating strategy. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identiﬁed and described in more detail in the “Risk Factors” section of the Company’s ﬁlings with the SEC, all of which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising, these forward-looking statements, except as required by applicable law. Corporate Social Media Twitter: @AmpliTechAMPG Instagram: @AmpliTechAMPG Facebook: AmpliTechInc Investor Social Media Twitter: @AMPG_IR StockTwits: @AMPG_IR Company Contact: Shan Sawant, Director of Communications AmpliTech Group, Inc. Investors@amplitechgroup.com Investor Relations Contact: Kirin Smith, President PCG Advisory, Inc. ksmith@pcgadvisory.com www.pcgadvisory.com Contact Details AmpliTech Group, Inc. Investors@amplitechgroup.com

March 30, 2023 09:00 AM Eastern Daylight Time

Investis Digital Releases Guide on Cybersecurity, Privacy and Accessibility

Investis Digital

Investis Digital, a leading tech-enabled digital communications company, announced today the publication of Navigating the Landscape of Cybersecurity, Privacy and Accessibility, a guide that helps senior executives across all areas of enterprise businesses understand the key issues affecting cybersecurity, compliance, governance and more in 2023. Albert Jesupaul, director of cybersecurity for Investis Digital, said, “Corporate governance can make or break the reputation of a business, and cybersecurity, consumer privacy, and accessibility are increasingly defining the governance agenda. Our guide gives senior executives across marketing, investor relations and communications an understanding of the key issues they need to know in order to protect their brands and build trust with their audiences.” Navigating the Landscape of Cybersecurity, Privacy and Accessibility helps executives get grounded on critical topics such as: The state of ransomware threats. How to strike a balance between consumer privacy and personalization. Why accessibility is increasingly a threat to a company’s reputation amid confusing legal standards. The insights are based on Investis Digital's own experience managing the digital estates of more than 1,600 global clients, with a hyper focus on cybersecurity, compliance, governance and accessibility needs through Investis Digital's Connect.ID technology and 24/7 global support and service. “The rise of cybercrime alone is one of the great reputational threats of our time,” Jesupaul said. “Tools such as ChatGPT are giving bad actors more weapons to commit cyberattacks like phishing emails. But businesses need to fight the threat with limited resources while they protect consumer privacy and make their digital content accessible. Our guide shares actionable tips on these crucial elements of corporate governance.” To read the full report, click here. Investis Digital is a tech-enabled digital communications company. Through a proprietary approach we call Connected Content™, we unite compelling communications, intelligent digital experiences, and performance marketing to help companies build deeper connections with audiences and drive business performance. A unique blend of expertise, technology and “always on” service allow clients to trust that their digital footprint and brand reputation is secure and protected 24/7 by our dedicated team of 550 digital experts across 8 global offices. To learn more, visit www.InvestisDigital.com Contact Details Kristen Kalupski +1 312-933-6714 Kristen.kalupski@investisdigital.com Company Website https://www.investisdigital.com

March 30, 2023 06:55 AM Eastern Daylight Time

Retiree Shareowners Seek to Limit Verizon Executive Golden Parachutes & Enhance Clawback Policy

The Association of BellTel Retirees

Members of the non-profit Association of BellTel Retirees, Inc. have two shareholder proposals for the 2023 Verizon (NYSE:VZ) shareowner meeting, aimed at strengthening the senior executive clawback policy while limiting executive golden parachutes. The annual meeting will be in Salt Lake City, Utah on May 11. The BellTel Retirees have a long and successful history of shareowner advocacy at Verizon, acting as an integral check for better governance practices. Since 2003, they have achieved 12 changes to corporate governance, including three by majority vote (2013, 2007, 2003). The Association of BellTel Retirees is proposing Item #8, a Shareholder Ratification of Annual Equity Awards policy (Aka: “Golden Parachute”) which recommends shareowner approval of any new and renewed senior executive compensation packages that would include severance or termination payments exceeding 2.99 times base salary plus target short-term bonus. A nearly identical retiree proposal achieved a 44% vote in 2022. This measure seeks to strengthen the current policy, which Verizon adopted following a successful 2003 BellTel-backed proposal that achieved 59% of shares voted. Retirees believe much more scrutiny is needed over exit packages, reflective of the one currently available to CEO Hans Vestberg. As disclosed in the 2023 Proxy, Mr. Vestberg could receive $31.6 million, or more than six (6) times his 2022 base salary plus a short-term bonus, upon termination following any change in company control. The second retiree proposal, by BellTel Chairman Thomas M. Steed, which achieved 37% in 2022, would amend Verizon’s Senior Executive Compensation Clawback Policy (Item #7). The current policy allows cancellation or recoupment of cash and equity compensation when executives engage only in “willful misconduct” resulting in a material restatement of the corporation’s financial results. BellTel believes the company’s current policy wording is too vague and lenient to ever be effective. Proposal #7 urges enhancing the standard from “willful misconduct” to “conduct” that can cause financial or reputational risk to the company. “The executive clawback policy governing senior executives, should reflect the same expectations that all other employees of Verizon are duty-bound to follow. There should not be a double standard,” said Steed, who submitted the proposal. “Since employees can be disciplined or dismissed for failing to execute their duties, senior executives should certainly not be rewarded for harm they cause to the company’s brand or reputation, or actions that result in Verizon needing to pay penalties or restitution.” Retiree and employee shareowners whose shares are held within a Verizon savings/401k plan are required to vote by no later than May 8, 2023. Contact Details Sabrina Petrafesa +1 646-213-1366 SPetrafesa@ButlerPR.com Tom Butler +1 646-213-1802 TButler@ButlerPR.com Company Website https://belltelretirees.org/

March 29, 2023 12:39 PM Eastern Daylight Time

ARway.ai announces company has unveiled 3D digital twin floor plan generation

ARway

ARway.ai Corporation CEO Evan Gappelberg joined Steve Darling from Proactive with news the company has added another feature to its platform offering AI-powered floor plan alignment, positioning and re-localization, and expanded map analytics capabilities. Gappelberg tells Proactive this upgrade eliminates the complexity and reliance on expensive hardware and scanners by ingesting 2D floor plans and architectural drawings and converting these artifacts into 3D. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

March 29, 2023 11:30 AM Eastern Daylight Time

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