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SHENZHEN, China , Dec. 3, 2024 /PRNewswire/ -- On November 26, 2024 , Access Advance LLC ("AA") and TCL Electronics Holdings Limited ("TCL" or "Client") announced that TCL had officially joined the HEVC Advance Patent Pool as a licensee. PurpleVine IP Group ("PurpleVine") played a pivotal role in this achievement, providing full-spectrum services, including strategic planning, global litigation management, and licensing negotiation support. PurpleVine's efforts were instrumental in helping TCL finalize agreements with AA and multiple HEVC Advance licensors, resolving years of complex global litigation over HEVC standard-essential patents("SEPs"). Since 2021, leading HEVC Advance licensors - including Dolby, GEVC, Philips, Mitsubishi Electric, JVCKENWOOD, NEC, ETRI, and IP Bridge - have filed dozens of infringement lawsuits and sought injunctions against TCL across jurisdictions such as Germany , the Unified Patent Court (UPC) in Europe , and Brazil . PurpleVine provided TCL with a comprehensive defense strategy tailored to each jurisdiction. Working closely with local counsel, the PurpleVine team devised FRAND-compliant arguments, non-infringement defenses, and patent invalidation strategies that not only neutralized injunction threats but also achieved an outstanding success rate of over 90% in invalidating asserted patents during first-instance rulings. PurpleVine also spearheaded counteractions against AA and HEVC Advance licensors in multiple jurisdictions, including China , Brazil , and Germany . Notably, PurpleVine assisted TCL in filing two landmark cases in Chinese courts - one challenging SEP licensing rates and another alleging abuse of market dominance. These cases were the first in the world where courts asserted jurisdiction over SEP pool licensing rates and alleged monopolistic practices, setting a groundbreaking legal precedent. Daniel Fu , General Counsel of TCL, stated, "We are pleased to have signed a license with Access Advance's HEVC patent pool, with the help of PurpleVine IP. The transaction is beneficial to the licensing ecosystem and the development of cutting-edge technologies for the welfare of consumers." This multi-jurisdictional case, involving complex legal challenges, spanning several years, highlights PurpleVine's expertise in managing high-stakes IP disputes. PurpleVine's strategic leadership, effective litigation management, and skilled negotiations reaffirm its position as a leading provider of cross-border intellectual property services. Disclaimer: This press release is for informational purposes only and does not constitute legal advice or an official statement regarding litigation. About PurpleVine IP Group PurpleVine IP Group, based in Shenzhen, China , is a leading intellectual property service provider with a global perspective. The firm offers one-stop IP services, including patent and trademark prosecution, analysis, global transactions, licensing negotiations, and dispute resolution. The core members of PurpleVine's litigation and dispute resolution team have backgrounds in top international law firms and leading corporate legal departments. They have managed patent litigation and invalidation cases in over 50 courts worldwide. The firm also includes SEP (Standard Essential Patent) experts from the telecommunications industry, who have been involved in hundreds of patent licensing negotiations and litigations. View original content to download multimedia: https://www.prnewswire.com/news-releases/purplevine-drives-tcls-successful-entry-into-the-hevc-advance-patent-pool-302320761.html SOURCE PurpleVine IP
UnitedHealth: Don't Let The Market Fool YouHigh political drama unfolded on Wednesday in South Korea with the country almost thrown into an indefinite period of martial law, a move which was swiftly overturned by the country’s lawmakers. While that decision could have had a damaging effect on the country’s advanced tech industry, halfway across the world, political developments in key South Korean ally, the US, which announced a new series of curb on chip exports to China this week is now expected to have only a limited impact on Korean chipmakers, mainly Samsung Electronics. On Monday the US announced a third set of restrictions on exports of chips to China, including curbs on China-bound shipments of high-bandwidth memory chips, necessary for high-end applications like AI training; new curbs on 24 additional chipmaking tools and three software tools; and new export curbs on chipmaking equipment made in countries such as Singapore and Malaysia, reported Reuters. The export ban covers HBM with a memory bandwidth density greater than 2 gigabytes per second per square millimetre. SK Hynix, Samsung Electronics and US-based Micron Technology are the only three chipmakers that make the HBM chips, and they will be barred from selling HBMs to China starting December 31. SK Hynix HBM3E Currently however, most of the up-to-date, high-value HBMs are sold not to China, but the US. Samsung reportedly generates about 20 per cent of its HBM chip sales from China. SK Hynix dominates the HBM market with a share of approximately 52 per cent, and supplies most of its products to TSMC in Taiwan, the majority of whose clients are based in the US, including Nvidia. Samsung, with a share of about 42 per cent in the HBM market, has reportedly been selling older HBM2 and HBM2E chips to China, as the country seeks to stockpile the advanced chips ahead of the enforcement of the US sanctions. The new curbs though would pressure Samsung to diversify its clientele and make up for lost orders from China. “Samsung should work to reduce uncertainties and hurry to secure deals with major US tech firms to supply its HBM3E and HBM4 chips,” Ahn Ki-hyun, an official at the Korea Semiconductor Industry Association said, according to the Korea Herald. While SK Hynix is the main supplier of the latest fifth-generation HBM3E chips to Nvidia, Samsung has hinted it will supply to Nvidia soon. Currently, the tech giant is delivering its HBM3E chips to AMD. Both Samsung and SK Hynix are expected to launch the next-generation HBM4 next year. “For now, the regulation is largely considered to have a limited impact. But given the potential of HBM products and the current market trends, the industry is missing out on potential customers,” an industry official said.
Arkansas WR Andrew Armstrong declares for NFL draft, skipping bowlSOUTH LAKE TAHOE, Calif./Nev. – Carl Ribaudo, domestic tourism expert and author of “Strategy and Creativity Matter; Notes from the Road: Experiences, Insights, and Perspectives from Along the Way,” offers his take on the post-election travel forecast, economic impacts/drivers as well as trends for 2025. “We know that after an election regardless of which party secures office, more and more travelers select destinations that align with their political beliefs and vote with their dollars. Now more than ever, and given some of the pricing challenges we will see this with travelers staying closer to home in their drive markets, and a shorter booking window. “The travel industry under a Trump administration in 2025 could experience both opportunities through domestic tourism initiatives and infrastructure investment, while potential trade restrictions and fiscal policies could present challenges, depending on the administration’s direction with global partners and economic stability,” Ribaudo said. “Tax cuts and deregulation could stimulate travel spending, but also raise inflation concerns, while stricter immigration policies could impact inbound tourism from other countries.” Ribaudo’s recently published book is available now in paperback via Amazon . Going beyond the surface-level aspects of tourism consulting, Ribaudo delves into the deeper nuances, challenges, and lessons through engaging anecdotes and reflections. Drawing from an extensive career, the author shares insights from over 70 U.S. destinations, offering practical advice to understanding the industry and sharpening critical thinking strategies. Ribaudo, a thought leader and innovator in the tourism industry, creates scenario planning and economic modeling for destination marketing organizations. Additionally, he is involved in various services, including marketing research (as a partner in the Travel Analytics Group), strategy and planning, tourism economic analysis, and measurement. His interests include destination competitiveness, organizational change, and destination and organizational strategy design. Ribaudo is a trusted advisor to many CEOs and senior executives throughout the industry working with destinations like Lake Tahoe Visitors Authority, Discover Vail and Travel Nevada. Designed to provide tourism executives with new ways of thinking competitively and challenge the status quo, Ribaudo’s “Notes from the Road” offers insight into why strategic plans often fail, developing strategy for a technology world, and managing the uncertain nature of tourism. Ribaudo also has a variety of published articles/whitepapers available on his website, ( https://www.smgonline.net/blog ) including: Topography’s Role in Shaping Destination Culture, Appeal, and Strategy. A Contrast between South Lake Tahoe and Carmel, CA Why Do Most Tourism Strategic Plans Fall Short? The Downside of Being Data Driven The Politics of Tourism, A Strategic Approach for DMOs For more details, or to schedule a speaking engagement, contact: Carl@smgonline.net .
Pope Francis kicks off a yearlong Jubilee that will test his stamina and Rome's patience VATICAN CITY (AP) — Pope Francis has opened the great Holy Door of St. Peter's Basilica. The ceremony kicks off the 2025 Holy Year. It's a celebration of the Catholic Church that is expected to draw some 32 million pilgrims to Rome. And it will test the pope’s stamina and the ability of the Eternal City to welcome them. This begins the Christmas Eve Mass. The ceremony inaugurates the once-every-25-year tradition of a Jubilee. Francis has dedicated the 2025 Jubilee to the theme of hope. Bethlehem marks a second subdued Christmas Eve during the war in Gaza BETHLEHEM, West Bank (AP) — Bethlehem is marking another somber Christmas Eve under the shadow of war in Gaza. Manger Square lacked its usual festive lights and crowds of tourists on Tuesday. Instead, the area outside the Nativity Church was quiet. The church was built atop the spot where Jesus is believed to have been born. The war, the violence in the occupied West Bank it has spurred and the lack of festivities has deeply hurt Bethlehem's economy. The town relies heavily on Christmas tourism. The economy in the West Bank was already reeling because of restrictions placed on laborers preventing them from entering Israel during the war. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about one hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by an issue with a vendor technology that maintains its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled. Middle East latest: Israeli raid and airstrikes in West Bank kill at least 8 Palestinians The Palestinian Health Ministry says at least eight people were killed by Israeli military operations in the northern West Bank. The ministry said three of the dead were killed by Israeli airstrikes. The attacks took place around the city of Tulkarem and nearby refugee camps. The Israeli military said it opened fire after militants attacked soldiers, and it was aware of some uninvolved civilians who were harmed in the raid. Elsewhere in the occupied West Bank, the Palestinian city of Bethlehem was marking a somber Christmas Eve under the shadow of the war in Gaza. Most festivities were cancelled and crowds of tourists were absent. Caitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. NFL players who use platform to share their faith say it's their duty to spread their love of Jesus ALLEN PARK, Mich. (AP) — Jake Bates was standing on the turf in his hometown of Houston when asked to reflect on an unlikely journey from learning how to sell bricks to making game-winning kicks for the Detroit Lions. Bates used his platform as an NFL player to spread his love of Jesus. A month later, Bates told The Associated Press it is a duty to share his faith. The NFL is filled with players and coaches who feel the same way, such as Houston's C.J. Stroud, Atlanta's Kirk Cousins, and Lamar Jackson and John Harbaugh of the Baltimore Ravens. Major storm pounds California's central coast, blamed for man's death and partially collapsing pier SANTA CRUZ, Calif. (AP) — A major storm has pounded California’s central coast bringing flooding and high surf that was blamed for fatally trapping a man beneath debris on a beach and later partially collapsing a pier, tossing three people into the Pacific Ocean. The storm was expected to bring hurricane-force winds and waves up to 60 feet Monday as it gained strength from California to the Pacific Northwest. Some California cities have ordered beachfront homes and hotels to evacuate early Monday afternoon. Forecasters have warned that storm swells would continue to increase throughout the day. Medellin Cartel victims demand truth and justice as cartel boss Fabio Ochoa walks free in Colombia BOGOTÁ, Colombia (AP) — The return of the notorious drug trafficker Fabio Ochoa to Colombia, following his deportation from the United States, has reopened old wounds among the victims of the Medellin cartel, with some expressing their dismay at the decision of Colombian authorities to let the former mafia boss walk free.Some of the cartel victims said on Tuesday that they are hoping the former drug lord will at least cooperate with ongoing efforts by human rights groups to investigate one of the most violent periods of Colombia’s history, and demanded that Colombian prosecutors also take Ochoa in for questioning. Man arraigned on murder charges in NYC subway death fanned flames with a shirt, prosecutors say NEW YORK (AP) — Prosecutors say a man accused of burning a woman to death inside a New York City subway train used a shirt to fan the flames, causing her to become engulfed. The suspect, identified by police as Sebastian Zapeta, was arraigned in Brooklyn criminal court on Tuesday. He faces murder charges that could put him in prison for life. Federal immigration officials say 33-year-old Zapeta is a Guatemalan citizen who entered the U.S. illegally after being deported in 2018. The apparently random attack occurred Sunday morning on a stationary F train at the Coney Island station in Brooklyn. Amsterdam court sentences 5 men over violence linked to Ajax-Maccabi soccer game THE HAGUE, Netherlands (AP) — An Amsterdam District Court has issued sentences of up to six months in jail against 5 men who were involved in violent disorder after a soccer match between the Dutch club Ajax and Israel’s Maccabi Tel Aviv in November. The riots caused an international outcry and accusations of deliberate anti-Semitic attacks. The violence following a UEFA Europa League match left 5 people in hospital. More than 60 suspects were detained. The court on Tuesday sentenced one man to 6 months in prison, another to 2 1/2 months, two to 1 month and one to 100 hours of community service.South Korea lifts president's martial law decree after lawmakers reject military ruleWho was IndyCar's best overtaker in 2024?
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Bethlehem marks a second subdued Christmas Eve during the war in Gaza
A roundtable discussion on the “Business Case for Decarbonization in Pakistan” hosted by the Sustainable Development Policy Institute (SDPI) emphasized the critical need for industrial decarbonization to address the nation’s economic, energy, and environmental crises that was possible through ensuring emerging technologies and financial instruments accessible to developing nations like Pakistan. The event, moderated by Saleha Qureshi, Lead of the Pakistan Industrial Decarbonization Initiative at SDPI, brought together experts from various sectors to explore viable solutions to mitigate Pakistan’s vulnerability to climate change while boosting its economic resilience, said a press release. In his opening remarks, Dr. Khalid Waleed, Energy Expert at SDPI, pointed out that Pakistan’s economy is trapped in a cycle of low productivity, trade deficits, and unsustainable energy costs. He stressed the urgency of shifting from conventional approaches to sustainable solutions, highlighting the potential risks posed by international regulatory mechanisms like the Carbon Border Adjustment Mechanism (CBAM). Pakistan’s textile sector, in particular, faces significant challenges under these global policies, which could undermine competitiveness unless the industry adapts to decarbonization. Farrukh Ahmad, Deputy General Manager ESG at the Pakistan State Oil (PSO), shared insights into how his organization is leveraging decarbonization as an opportunity rather than a challenge. PSO, which holds half of the country’s oil storage, is actively working on energy efficiency, renewable energy initiatives, and the development of electric vehicle (EV) charging infrastructure to reduce carbon footprints. He noted PSO’s commitment to leading the energy sector towards a cleaner future. Hammad Bashir, Former NTE, Private Financing Advisory Network (PFAN), emphasized that decarbonization should not be viewed as mere “greenwashing” but as a genuine business case. He acknowledged the challenges faced by Pakistan’s industries but highlighted the importance of creating tailor-made solutions that align with both environmental goals and economic realities. Rt. Hon. Benjamin James Matthew Williamson emphasized the challenge of striking a balance between legislative efforts and incentives in driving sustainability and decarbonization. According to Mathew, achieving these goals requires capacity building at multiple levels, as well as the integration of strategies on a broader scale. This approach unites sectors like agriculture, with diverse data sets across different tiers of emission scopes. He also highlighted that Pakistan has a significant opportunity to become a leader in industrial decarbonization. By ensuring the necessary infrastructure and focusing on education, the country can position itself at the forefront of this critical global movement. Mathew believes these efforts will pave the way for Pakistan’s economy to follow an upward trajectory, supporting sustainable growth and innovation Ms. Marianne Tan, Associate Director, Policy & Strategy, South Pole reinforced the importance of carbon markets in the decarbonization process, proposing a win-win solution where industries reduce emissions and trade carbon credits. She also advocated for a transition from coal to renewable energy, citing global examples such as the Rockefeller Foundation’s Coal-to-Clean initiative. Dr. Hina Aslam, Visiting Fellow, SDPI addressed the broader implications of decarbonization, stressing that even developed countries are grappling with the challenge of transitioning to low-carbon industries. She pointed to sectors like steel and cement as critical areas where emissions reductions can be achieved through innovative production processes. Mr. Ubiad ur Rehman, Head of Energy Unit, SDPI stressed the critical role the CCUS technologies play in the decarbonization agenda and also highlighted the research study on the Role of CCUS in Cemnet Decarbonization in Pakistan. The discussion also touched on the broader context of climate vulnerability in Pakistan, with Anab Mehmood, Industrial Decarbonization expert highlighting the $29 billion in economic losses caused by the 2022 floods. She emphasized that companies must adopt decarbonization strategies to remain competitive and comply with international regulations such as CBAM. Throughout the dialogue, experts agreed that financing remains a major hurdle for Pakistan’s decarbonization efforts. . Shakeb Elahi, SDPI Advisor, concluded that decarbonization presents both a challenge and an opportunity for Pakistan to transform its energy grid and industrial landscape. The roundtable underlined the necessity of combining legislative action with market-driven incentives, ensuring that Pakistan can transition to a low-carbon economy while safeguarding its industrial competitiveness in the global market.AI Ease Unveils Free AI Background Generator for Effortless Image Enhancement 12-24-2024 06:34 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire In the digital world, great visuals are a must for standing out, be it for professional photographers, e-commerce sellers, or content creators. However, creating the perfect background for your images can be time-consuming and costly. Thankfully, with the power of AI, you can create stunning backgrounds without the hassle. The article explains how to make an AI background online using the ai background generator online [ https://www.aiease.ai/ai-background/ ]. This tool is 100% free, AI-powered, has no limit on usage and does not require any account creation. Image: https://www.abnewswire.com/uploads/35116d754bd8ae72a951a9835ed1f32d.jpg Step 1: Upload and Remove To begin with the AI background generator, you are to upload the image to edit. Be it a portrait, a product photo, or any other kind of image, just click the "Upload" button on the AI Ease platform. Once uploaded, the tool instantly starts working to remove the existing background from the image in a matter of seconds. This happens automatically and makes the preparation of your image for further steps easy. The AI-powered tool works remarkably well with the most minute detail at AI Ease. It automatically detects the foreground subject and lets you perfect the background without having to mess around with the edges or fine details of your subject. This step will eliminate the need to manually remove the background, saving you time and effort. Step 2: Creating AI-generated Backgrounds After removing the background, it is time to select a new backdrop for your image. AI Ease provides two strong modes to generate AI backgrounds: AI Scenes and Custom. * AI Scenes You can choose any of the background templates available the moment you enter "AI Scenes" mode. Among the most common backdrops for AI scenes, you will find marble, wood, texture, indoor settings, and more. From a simple neutral background for product photography to an artistic scene that would improve your portrait, everything will be at your disposal. With an AI background generator, all background scenes are created professionally in style, well-chosen, and match your subject. Such scenes will suit users when they want to accomplish a certain goal fast without any compromise on image quality that of an e-commerce product photography solution, a personal portrait shoot, or otherwise. * Custom Mode Those who would love a personal tone would like the "Custom" mode in AI Ease. It is a text-to-AI background for those cases when one needs exactly what he or she sees, be it product imagery with unique sceneries or some personalized background for other creative work. All you have to do now is describe the background you intend to use. For example, say, "a vintage wooden desk with soft natural light filtering in," and let AI magically create an image for what you have typed. Then, this custom mode used a large language model full of state-of-the-art text-to-image algorithms. This gives you the capability to create backgrounds that are highly unique to your needs, whatever they may be in nature. Step 3: Download and Share Once you are pleased with the new background, it is now full-time to complete your creation. Just click the "Download" button, and your image is saved. Instant download-you are ready to go with your newly enhanced image for anything you may need: an e-commerce store, social media post, or personal project. Being able to download and share right from the platform makes this whole process seamless and efficient. The AI background generator, courtesy of AI Ease, promises quality that you can assuredly use down to professional or even personal projects with confidence. Save your time and up your game in your content without fuss, as you can directly download and share your images instantly. AI-Powered Technology for Better Results The background generator at AI Ease is driven by advanced AI algorithms to ensure that every background it generates is visually stunning and professionally crafted. It works in the background to ensure smooth processing, accuracy, and quality results. With the added advantage of being completely free, users can generate unlimited high-quality backgrounds with no subscriptions or sign-ups required. Elevate with AI Background Templates Perhaps one of the greatest strengths of the AI background generator by AI Ease is the wide array of background templates it will offer. The variety of marble, wood, and textured backdrops within these AI background templates is designed to answer the most in-demand needs concerning visual content. Whether you shoot products, create artwork, or capture portraits, AI scenes from AI Ease guarantee that the most professional, stable, and visually pleasing backgrounds are literally at your fingertips online. These templates are designed to complement your images, not overwhelm the subject. Each scene is carefully composed to provide a balanced backdrop that will let your subject be the focal point while the background sets the perfect setting. Try for Free One of the best features of the AI background generator by AI Ease is that it's completely free. Whether a professional photographer, a businessman, or just a hobbyist, one can generate high-quality AI backgrounds for his/her images without spending even a single penny. Just pay a visit to the website of AI Ease, upload your image, and get started with generating backgrounds. Because the tool is user-friendly, there are no special skills or prior experiences with photo editing software needed to work with it. Whether for your website, social media, or e-commerce store, AI Ease gives you an easy way of adding oomph to your images in a very fast and efficient manner. Personalize from Text Prompts The full customization option is a whole new dimension introduced by the AI Background Generator. You will be able to create backgrounds that are unique for your images with text prompts. Be it simple, elegant, complex, or artful, the "Custom" mode generates a background that fits your requirements to the dot. The features that make it useful for the enhancement of product photography include providing an effect of background that suits either your brand or your product in question. Thanks to this great functionality provided by AI Ease, backdrops can be easily created to fit with one's vision without too much work and resource input compared to traditional photo shoots or very expensive stock images. Make Products Shine The quality of product images can make or break a sale for any e-commerce business. For e-commerce sellers, AI Ease's free online AI background generator is something that completely revolutionizes their selling game. Using either "AI Scenes" or "Custom" mode, the sellers can add professional-looking backgrounds to the photos of their products and present their merchandise in a visually appealing way. The tool elevates your product images, creating a distinction with competitors for the attention of prospective buyers. Be it fashion clothes, accessories, or other in-home products that one sells, this AI-powered software makes it an easy approach to generating fabulous product images that will surely impress your customers' senses. Image: https://www.abnewswire.com/uploads/59d715f2c41d9cd802f1c3f53454a2f6.jpg Conclusion AI Ease's AI background generator makes creating quality backgrounds for your images a whole lot easier. This is a no-cost, AI-powered utility that can be used with either pre-set scenes or custom-created backgrounds using a text prompt. Be it photography, e-commerce, or content creation, AI Ease makes the job look all that easy and efficient. All one has to do to achieve professional-quality images is go through a few simple steps: upload your image, pick or customize your AI-generated background, and finally download the result. Added to this factor of free, unlimited, and easy to use, AI Easy turns out to be very helpful for anyone who desires to make AI backgrounds online. Media Contact Company Name: Aiease Contact Person: Mike Hasy Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=ai-ease-unveils-free-ai-background-generator-for-effortless-image-enhancement ] State: New York Country: United States Website: https://www.aiease.ai/ This release was published on openPR.
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VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced the date of a special meeting of stockholders (the “Special Meeting”) and the filing of its definitive proxy statement in connection with the previously announced Agreement and Plan of Merger (the “Merger Agreement”) with First Majestic Silver Corp. (“First Majestic”) (NYSE/TSX: AG) (FSE: FMV) pursuant to which First Majestic will acquire all of the issued and outstanding shares of common stock of Gatos Silver (the “Transaction”). Gatos Silver notified its stockholders that the Special Meeting will take place virtually on Tuesday, January 14, 2025, at 10:00 a.m., Pacific Time. Stockholders of record as of November 25, 2024 (the “Record Date”) are eligible to vote at the Special Meeting. Gatos Silver stockholders will be asked to vote on the adoption of the Merger Agreement and the adjournment of the Special Meeting in certain circumstances. Gatos Silver’s Board of Directors unanimously recommends that Gatos Silver stockholders vote in favor of both proposals. First Majestic shareholders are required to approve the issuance of the First Majestic common shares in connection with the Transaction, and accordingly, First Majestic has announced that it will hold its shareholder meeting in-person on Tuesday, January 14, 2025, at 11:00 a.m., Pacific Time, one hour following the Special Meeting. For more information regarding First Majestic’s shareholder meeting, see First Majestic’s SEDAR+ profile at www.sedarplus.ca . Subject to the approval of Gatos Silver’s stockholders and First Majestic’s shareholders and the satisfaction or waiver of other conditions precedent, it is anticipated that the Transaction will close in early 2025. Gatos Silver currently expects to send the meeting materials for the Special Meeting to stockholders of record as of the Record Date on or about December 6, 2024; however, delivery of materials to some Canadian stockholders may be impacted by the ongoing Canada Post labour dispute which is affecting the delivery of mail within Canada. Important Information for Investors and Stockholders about the Transaction and Where to Find It This news release is not intended to and does not constitute an offer to buy or sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities of First Majestic or Gatos Silver or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities of First Majestic or Gatos Silver in any jurisdiction in contravention of applicable law. This news release may be deemed to be soliciting material relating to the Transaction. In connection with the Transaction between First Majestic and Gatos Silver pursuant to the Merger Agreement and subject to future developments, First Majestic filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form F-4 that includes a Proxy Statement of Gatos Silver that also constitutes a Prospectus of First Majestic (the “Proxy Statement/Prospectus”) and other documents. Each of First Majestic and Gatos Silver may also file other relevant documents with the SEC regarding the Transaction. The registration statement on Form F-4 was declared effective by the SEC on December 2, 2024. Gatos Silver filed a Proxy Statement/Prospectus with the SEC on December 3, 2024 which it plans to mail to its stockholders in connection with the Transaction. First Majestic will also file a management proxy circular in connection with the Transaction with applicable Canadian securities regulatory authorities and First Majestic will deliver its management proxy circular to First Majestic shareholders. This news release is not a substitute for any registration statement, proxy statement, prospectus or other document First Majestic or Gatos Silver has filed or may file with the SEC or Canadian securities regulatory authorities in connection with the pending Transaction. INVESTORS AND SECURITY HOLDERS OF GATOS SILVER AND FIRST MAJESTIC ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND MANAGEMENT PROXY CIRCULAR, RESPECTIVELY, AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC OR CANADIAN SECURITIES REGULATORY AUTHORITIES AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS THERETO CAREFULLY IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE TRANSACTION BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT FIRST MAJESTIC, GATOS SILVER, THE TRANSACTION AND RELATED MATTERS. Investors and security holders are able to obtain free copies of the Proxy Statement/Prospectus, the filings with the SEC that are and will be incorporated by reference into the Proxy Statement/Prospectus and other documents filed with the SEC by First Majestic and Gatos Silver containing important information about First Majestic or Gatos Silver and the Transaction through the website maintained by the SEC at www.sec.gov . Investors are also able to obtain free copies of the management proxy circular and other documents filed with Canadian securities regulatory authorities by First Majestic, through the website maintained by the Canadian Securities Administrators at www.sedarplus.ca . In addition, investors and security holders are able to obtain free copies of the documents filed by First Majestic with the SEC and Canadian securities regulatory authorities on First Majestic’s website at www.firstmajestic.com or by contacting First Majestic’s investor relations team. Copies of the documents filed with the SEC by Gatos Silver are available free of charge on Gatos Silver’s website or by contacting Gatos Silver’s investor relations team. Participants in the Merger Solicitation First Majestic, Gatos Silver and certain of their respective directors, executive officers and employees may be considered participants in the solicitation of proxies in connection with the proposed Transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the shareholders of First Majestic and the stockholders of Gatos Silver in connection with the Transaction, including a description of their respective direct or indirect interests, by security holdings or otherwise, is included in the Proxy Statement/Prospectus described above and other relevant documents filed with the SEC and Canadian securities regulatory authorities in connection with the Transaction. Additional information regarding First Majestic’s directors and executive officers is also included in First Majestic’s Notice of Annual Meeting of Shareholders and 2024 Proxy Statement, which was filed with the SEC and Canadian securities regulatory authorities on April 15, 2024, and information regarding Gatos Silver’s directors and executive officers is also included in Gatos Silver’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 20, 2024, as amended by Amendment No. 1 to such annual report filed with the SEC on May 6, 2024 and Gatos Silver’s 2024 Proxy Statement for its 2024 Annual Meeting of Stockholders, which was filed with the SEC on April 25, 2024. These documents are available free of charge as described above. About Gatos Silver Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. As a 70% owner of the Los Gatos Joint Venture (“LGJV”), the Company is primarily focused on operating the Cerro Los Gatos mine and on growth and development of the Los Gatos district. The LGJV includes approximately 103,000 hectares of mineral rights, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets. On September 5, 2024, Gatos Silver and First Majestic announced that they entered into the Merger Agreement pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos Silver. The proposed Transaction would consolidate three world-class, producing silver mining districts in Mexico to create a leading intermediate primary silver producer. Information relating to the proposed Transaction can be found at the Company’s website at www.gatossilver.com . Cautionary Note Regarding Forward Looking Statements This news release contains “forward‐looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws and “forward‐looking information” under applicable Canadian securities laws (collectively, “forward‐looking statements”). These statements relate to future events of First Majestic and/or Gatos Silver that are based on assumptions of management of First Majestic and/or Gatos Silver made in good faith in light of management's experience and perception of future developments. Forward‐looking statements in this news release include, but are not limited to, statements with respect to: closing of the Transaction and the terms and timing related thereto; the timing and receipt of required shareholder and other approvals; satisfaction of the conditions to completion of the Transaction; and the anticipated timing of mailing proxy statements and circulars regarding the Transaction. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. Consequently, guidance cannot be guaranteed. As such, investors are cautioned not to place undue reliance upon guidance and forward‐looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur. Actual results may vary from forward‐looking statements. Forward‐looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward‐looking statements, including but not limited to those factors discussed in (a) the section entitled “Description of the Business ‐ Risk Factors” in First Majestic’s most recently filed Annual Information Form, available under its profile on SEDAR+ at www.sedarplus.ca , and as an exhibit to its most recently filed Form 40‐F available on EDGAR at www.sec.gov/edgar or on First Majestic’s website and (b) the Gatos Silver’s Annual Report on Form 10-K for the year ended December 31, 2023, available on EDGAR at www.sec.gov/edgar or on Gatos Silver’s website. First Majestic is not affirming or adopting any statements or reports attributed to Gatos Silver in this news release or made by Gatos Silver outside of this news release. Gatos Silver is not affirming or adopting any statements or reports attributed to First Majestic in this news release or made by First Majestic outside of this news release. Although First Majestic and Gatos Silver have attempted to identify important factors that could cause actual results to differ materially from those contained in forward‐looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. First Majestic and Gatos Silver believe that the expectations reflected in these forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. First Majestic and Gatos Silver do not intend, and do not assume any obligation, to update these forward-looking statements or forward-looking information, except as required by applicable laws. Investors and Media Contact André van Niekerk Chief Financial Officer investors@gatossilver.com (604) 424 0984Laurene Powell Jobs-Backed Org Shifts Mission to Suppress Immigration Debate — ‘Dangerous Online Disinformation'