Megatherm Induction Limited — Important, 13-03-2026: Agreements

Megatherm Induction replaced its prior JV with Cyprium Induction, forming Megatherm Cyprium INC for better compliance. Megatherm holds 49.99% in the new JV, continuing to sell its products in North America. This aims to facilitate exports and improve profit margins. Cyprium's turnover last year was 2.5 million USD.