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Ginkgo Bioworks Provides Compensation Information Related to Recent Acquisitions

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BOSTON, Feb. 28, 2024 /PRNewswire/ — Today, Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, announced that in connection to its transaction with Patch Biosciences, Inc. (“Patch Bio”) on February 26, 2024, Ginkgo approved grants of restricted stock units with an aggregate grant date fair value of  $4,292,000 to eight Patch Bio employees, and in connection with its acquisition of Reverie Labs, Inc. (“Reverie”) on February 23, 2024, Ginkgo approved grants of restricted stock units with an aggregate grant date fair value of $3,530,000 to four Reverie employees. The restricted stock units were granted without stockholder approval as material inducements to the employees entering into employment with Ginkgo pursuant to NYSE Listed Company Manual Section 303A.08 and were approved by the compensation committee of Ginkgo’s board of directors.

Consistent with Ginkgo’s standard vesting schedules, each grant of restricted stock units to former Reverie employees will vest as to 25% of the restricted stock units on the one-year anniversary of the grant date and as to 1/48 of the restricted stock units monthly thereafter, subject to the employee’s continued employment or service to Ginkgo or one of its subsidiaries on the applicable vesting date. Each grant of restricted stock units to former Patch Bio employees will vest either (i) as to 25% of the restricted stock units on the one-year anniversary of the grant date and as to 1/48 of the restricted stock units monthly thereafter, or (ii) for certain employees, as to 100% of the restricted stock units, approximately, nine (9) months from the grant date (and will fully vest on the last day of an employee’s employment, if such employee’s employment is terminated without cause), subject to, in all cases, the employee’s continued employment or service to Ginkgo or one of its subsidiaries on the applicable vesting date.The restricted stock units are subject to the terms of the Ginkgo Bioworks Holdings, Inc. 2022 Inducement Plan and individual award agreements thereunder.

About Ginkgo Bioworks

Ginkgo Bioworks is the leading horizontal platform for cell programming, providing flexible, end-to-end services that solve challenges for organizations across diverse markets, from food and agriculture to pharmaceuticals to industrial and specialty chemicals. Ginkgo’s biosecurity and public health unit, Concentric by Ginkgo, is building global infrastructure for biosecurity to empower governments, communities, and public health leaders to prevent, detect and respond to a wide variety of biological threats. For more information, visit ginkgobioworks.com and concentricbyginkgo.com, read our blog, or follow us on social media channels such as X (@Ginkgo and @ConcentricByGBW), Instagram (@GinkgoBioworks), Threads (@GinkgoBioworks) or LinkedIn.

Forward-Looking Statements of Ginkgo Bioworks

This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the capabilities and potential success of the acquisitions and Ginkgo’s cell programming platform. These forward-looking statements generally are identified by the words “believe,” “can,” “project,” “potential,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) volatility in the price of Ginkgo’s securities due to a variety of factors, including changes in the competitive and highly regulated industries in which Ginkgo operates and plans to operate, variations in performance across competitors, and changes in laws and regulations affecting Ginkgo’s business, (ii) the ability to implement business plans, forecasts, and other expectations, and to identify and realize additional business opportunities, (iii) the risk of downturns in demand for products using synthetic biology, (iv) the uncertainty regarding the demand for passive monitoring programs and biosecurity services, (v) changes to the biosecurity industry, including due to advancements in technology, emerging competition and evolution in industry demands, standards and regulations, (vi) our ability to realize the expected benefits of merger and acquisition transactions, (vii) the outcome of any legal proceedings against Ginkgo, including as a result of recent acquisitions, (viii) our ability to realize the expected benefits from and the success of our Foundry platform programs, (ix) our ability to successfully develop engineered cells, bioprocesses, data packages or other deliverables, and (x) the product development or commercialization success of our customers. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Ginkgo’s quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 8, 2023 and other documents filed by Ginkgo from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Ginkgo assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Ginkgo does not give any assurance that it will achieve its expectations.

GINKGO BIOWORKS INVESTOR CONTACT:
investors@ginkgobioworks.com 

GINKGO BIOWORKS MEDIA CONTACT:
press@ginkgobioworks.com

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SOURCE Ginkgo Bioworks

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HEINEKEN® JOINS FORCES WITH JOE JONAS AND GLOBAL INFLUENCERS TO HELP TACKLE DIGITAL OVERLOAD AND GET SOCIAL ‘OFF SOCIALS’

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Global superstar Joe Jonas and some of the world’s most-followed content creators joined forces at an exclusive event in New York City last night to demonstrate that connecting in real life is one of the easiest ways to disconnect from the sometimes overwhelming world of social media

NEW YORK, April 25, 2025 /PRNewswire/ — GRAMMY® Award-nominated singer, songwriter, actor and producer, Joe Jonas teamed up with Dude With Sign (Seth Phillips) in New York City last night to create their latest social post – only this time they did so completely off their socials.

Stepping away from their online feeds and into the real world, Jonas and Phillips – who have over 35 million followers between them – were joined by Victoria’s Secret models Martha Hunt and Graice Carvalho, Yankees pitcher Luke Weaver, socialite Ivy Getty and high-profile influencers including Lil Cherry and Paul Olima at the ‘Off Socials’ event at Bleecker Street Bar.

In an ironic slant on the digital sphere they dominate, Jonas and Phillips posed in windows decked out to look like Instagram reels to highlight a simple message: the best way to disconnect from the sometimes overwhelming world of social media is to connect in real life.

The event celebrated the launch of a new HeinekenⓇ campaign – #SocialOffSocials – following the revelation that half of adults globally (52%) are overwhelmed by the pressure to keep up with social media. In fact, 62% (and 75% of Gen Z) say despite being able to connect with anyone instantly via their phone, they can feel lonely.

In the spirit of going offline, Joe Jonas debuted his new track ‘Heart by Heart’ at the event – using the world’s oldest social network, the bar – ahead of releasing it on digital channels. He also filmed part of the new music video at the event in front of the offline crowd to showcase the power of real-life moments over digital ones.

HeinekenⓇ has joined forces with Jonas and the creators in its latest advertising campaign – launching next week – dramatizing how they would react to empty social media feeds if more people were out having a good time IRL.

Speaking at the event, Joe Jonas said: “It’s so easy to fall into the habit of doomscrolling on your phone – I’ve definitely been there. We live in a world where everyone’s glued to their social media feeds, so I’m excited to be part of this Heineken campaign encouraging people to put their phones down and connect in real life. I chose to debut my new song offline and in-person because it felt like the perfect time to return to what music is really about: connecting with people. The crowd was so real, so present, and completely locked into the music – that is something you can’t experience by watching on social media.”

By teaming up with figures like Jonas and Dude with Sign whose lives are deeply embedded in online culture, HeinekenⓇ – which has always championed quality socializing – playfully conveys that stepping away from social media makes for a more rewarding social life.

Studying the screen time of 17,000 adults worldwide*, HeinekenⓇ uncovered that the average person now spends approximately 5 hours and 48 minutes per day looking at their device. That equates to a massive 127,020 minutes a year – a full 88 days.

The global report into scrolling and socializing habits found that three in five people (59%) across all age-groups say that the amount of time they spend on their phone has increased in the past year. Additional analysis by global research company Statista found that time spent socializing IRL has decreased by 35% over the past 24 years, whereas since the introduction of mobile based social media platforms such as Instagram (2010) and Snapchat (2011), the time we’ve spent scrolling has more than doubled (+54%)**.

Now, nearly half of all adults (47%) would describe themselves as ‘always online’ according to the HeinekenⓇ report and that the stream of notifications they receive is “constant” (60%). As a result, half (51%) agree that their social battery can feel drained by the amount of time they spend speaking to people online – rising to almost two-thirds (62%) among Gen Z.

However, an overwhelming 79% agreed that when they are out socializing they look at their phone less, proving that disconnecting from social media is easier when you are engaging in a more refreshing social life. Two thirds (64%) of people said they wish they could go back to a time when people socialized without smartphones.

Nabil Nasser, Global Head of HeinekenⓇ, said: “At HeinekenⓇ, we’ve always believed that the best connections are created in real life. I’m a big fan and participant on social media, but it’s also important to take a break and experience things IRL too. This campaign is a gentle reminder that stepping away from our screens can lead to more refreshing and meaningful social experiences, and help us feel less overwhelmed by the constant notifications on our phones. Working with creators – who are by their nature always online – to highlight the solution may seem ironic, but they too realize it’s about balance and were as eager as us to encourage IRL socializing. So many people feel overwhelmed by the pressure of constant online engagement, so we want to show how easy it can be to take a break from social media.”

When you get social, you get off your socials. To find out more visit: https://youtu.be/99GzxjjyRs8 

To download imagery of the event visit: https://dam.gettyimages.com/selects/heineken-brand-activation-with-joe-jonas

Research:

*HeinekenⓇ commissioned survey of 17,000 adults of legal drinking age across the USA, UK, Spain, Vietnam, South Africa, Brazil, Germany, India and the UAE. Research conducted by OnePoll, March 2025. Research can be broken down by country and further demographics on request

**Worldwide Mobile Phone Usage and Socialization Data, modelled by Statista, March 2025

About Heineken®

HEINEKEN® is the world’s most international brewer. It is the leading developer and marketer of premium beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 300 international, regional, local and specialty beers and ciders. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through “Brewing a Better World”, sustainability is embedded in the business. HEINEKEN® has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We employ over 85,000 employees and operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Heineken® N.V. and Heineken® Holding N.V. shares trade on the Euronext in Amsterdam. Prices for the ordinary shares may be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on Reuters under HEIN.AS and HEIO.AS. HEINEKEN® has two sponsored level 1 American Depositary Receipt (ADR) programmes: Heineken® N.V. (OTCQX: HEINY) and Heineken® Holding N.V. (OTCQX: HKHHY)

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Photo: https://mma.prnewswire.com/media/2673140/Heineken_and_Joe_Jonas_in_NYC.jpg
Photo: https://mma.prnewswire.com/media/2673141/Joe_Jonas_Heineken_campaign.jpg

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SOURCE Heineken

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LG AND MARVEL ASSEMBLE WITH LIMITED TIME PROMOTIONS ON 2025 LG GRAM LAPTOPS

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Supercharged Performance Meets Super Hero Style in Limited-Time Promotions on all 2025 LG gram Laptops

ENGLEWOOD CLIFFS, N.J., April 25, 2025 /PRNewswire/ — LG Electronics is thrilled to announce limited-time promotions on LG gram Laptops in collaboration with Marvel™, and exclusively available on LG.com. Continuing to bring value to its customers and Marvel fans alike, LG is offering a Marvel branded mouse, responsive J.A.R.V.I.S.-style wallpaper, 1TB Portable SSD (SK Hynix) and one free year of cloud AI services1 to those purchasing a 2025 LG gram Laptop through June 1, 2025.

As part of the collaboration, LG is offering a Marvel co-branded mouse, with purchase of a 2025 LG gram Laptop exclusively through LG.com. Designed to match the aesthetic of LG grams and evoke the power of the Avengers, this mouse blends precision tracking, ergonomic comfort, and collectible style. The mouse, designed with the iconic Marvel logo, comes with an exclusive Iron Man J.A.R.V.I.S.-style dynamic wallpaper, transforming your desktop into a S.H.I.E.L.D.-inspired command center. Additionally, customers who purchase any of the new 2025 LG gram models– including the LG Gram, gram Pro, and gram Pro 2-in-1– will also receive a one-year subscription to LG gram chat Cloud, powered by GPT-4o along with a 1TB Portable SSD (SK Hynix).

The Power of Hybrid AI: Inspired by Marvel’s Greatest Heroes
Just as the Avengers combine their strengths to protect the world, LG’s gram AI laptops channel hybrid AI capabilities to provide cutting-edge performance:

Innovation in Action: Like Iron Man’s Innovative Armor, the LG gram’s sleek and minimal design conceals groundbreaking tech, including real-time adaptive system optimization and intelligent performance.Security You Can Trust: Enhanced AI-powered threat detection and privacy safeguards as strong as Captain America’s Shield ensure users stay protected. Externally, MIL-STD-certified durability reinforces the laptop’s toughness, meeting strict military-grade standards for reliability.Time Travel Made Possible: The new AI-powered “Time Travel” features, like Doctor Strange’s time stone, allow LG gram users to instantly revisit previous workflows, documents, or conversations in seconds.Knowledge is Power: Wield the power of knowledge like Thor’s Hammer with the LG gram chat Cloud, powered by GPT-4o – your AI assistant for content creation, research coding help and more.Performance Without Limits: Powered by the latest Intel® Core™ Ultra processors and equipped with advanced cooling technology, the LG gram handles heavy Hulk-sized multitasking and creative workloads effortlessly. 

This collaboration brings together fan-favorite Marvel elements with LG’s most advanced laptop technology to date – resulting in a gram that is not only smart, but super.

For more information on LG’s premium lineup of LG gram Laptops, visit LG.com.

1 LG gram chat Cloud is available on 2025 LG gram models at no cost for the first year after user registration. gram Chat Cloud is provided by Swit, Inc. By using gram Chat Cloud, you agree to Swit, Inc.’s Terms of Use and Privacy Policy. After one year, users may subscribe to gram chat Cloud as a paid service. Visit https://swit.io/gram for more info.

About LG Electronics USA
LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a smart life solutions company with annual global revenues of more than $60 billion. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. www.LG.com.

Media Contacts:

LG Electronics USA

 LG Electronics USA

Chris De Maria

Christin Rodriguez

christopher.demaria@lge.com

christin.rodriguez@lge.com

LG-One

Amy Dalkoff

LGMSUS@LG-One.com

 

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SOURCE LG Electronics (LG)

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TDS and UScellular to release first quarter operating results and host conference call on May 2, 2025

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CHICAGO, April 25, 2025 /PRNewswire/ — Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their first quarter operating results conference call on May 2, 2025, at 9:00 a.m. Central Time.

The companies will release their financial results on May 2, 2025.

To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streaming software.

About TDS
Telephone and Data Systems, Inc. (TDS) provides wireless, broadband, video and voice services to approximately 5.5 million connections nationwide through its businesses, UScellular and TDS Telecom. Founded in 1969 and headquartered in Chicago, TDS employed approximately 7,900 associates as of December 31, 2024.

For more information about TDS and its subsidiaries, visit:
TDS: www.tdsinc.com  
UScellular: www.uscellular.com  
TDS Telecom: www.tdstelecom.com

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SOURCE Telephone and Data Systems, Inc. and United States Cellular Corporation

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