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MESH secures US$3.8 million seed round to automate rebar construction globally. 26.03.2026 MESH, an ETH Zurich spin-off, closed an oversubscribed US$3.8 million seed funding round backed by industry leaders and experienced investors including ABB Robotics Ventures and Sika. This investment round marks a pivotal milestone for MESH as it transitions from a regional innovator to a global technology provider. While construction is planned with sophisticated digital tools, the actual construction work remains heavily manual and physically demanding. To overcome this challenge, MESH has developed a software and robotics platform specifically for the rebar industry. MESH's easy-to-use software allows construction companies to deploy industrial robots to handle, place, and join rebar autonomously. Unlike traditional factory robots designed for repetitive tasks, MESH's system is highly flexible. Robots can switch between different designs at the push of a button without requiring specialized programming, enabling highly flexible automated rebar production. Proven in the Field Founded in 2022 and based in the canton Aargau, MESH has rapidly transitioned its technology from the ETH Zurich research lab into practical industrial applications. Its systems are already operating in Swiss rebar shops and prefabrication plants to automate high-stakes construction work. To date, more than 1 million rebar elements have been processed by MESH systems for major infrastructure projects, including Switzerland's new Gotthard tunnel and building construction works. These deployments have proven that automation does more than just speed up the process. It makes rebar work safer by removing workers from dangerous, repetitive tasks and by significantly reducing errors through built-in digital quality control. Strategic Investment The investment round was backed by ABB Robotics Ventures, Apprecia Capital, Shimizu Corporation - one of Japan's leading general contractors -, specialty chemicals giant Sika, buildify.earth and Aargauische Kantonalbank. By partnering with industry leaders such as ABB Robotics, Shimizu Corporation, and Sika, MESH is gaining the strategic expertise and international reach critical to bringing its automated solutions to rebar construction worldwide. The company will use the funding to accelerate international expansion and establish a strong presence in key global markets. In addition, the capital will support the development of new partnership models designed to help rebar and construction firms easily adopt MESH technology, while supporting team expansion. Marc Segura, President of ABB Robotics, comments: "We are delighted to be part of this transformative ecosystem and to support MESH in advancing automation for the construction industry. As the sector addresses labor shortages, safety challenges and the need for greater productivity, automating rebar production offers a clear path for delivering faster fabrication, consistent quality and reduced material waste. Combining ABB Robotics' expertise with MESH's platform will bridge the gap between digital design and physical execution in construction projects and enable safer, more e5icient and reliable rebar production." Ammar Mirjan, CEO and Co-Founder of MESH, adds: "Securing the support of our partners and global leaders in robotics and construction is a pivotal milestone for MESH. Our vision is to bring the efficiency of the digital world to physical construction, and this investment is a major step toward that goal. With this partnership, we are ready to scale our technology and make a lasting impact on how the world builds."

ANNUAL GENERAL MEETING APPROVES BOARD OF DIRECTORS' PROPOSALS. March 24, 2026 18:30 ET | Source: Sika AG ANNUAL GENERAL MEETING APPROVES BOARD OF DIRECTORS' PROPOSALS All the Board of Directors' proposals were approved by the shareholders at the 58th Annual General Meeting of Sika AG on March 24, 2026. The Annual General Meeting of Sika AG took place on March 24, 2026 in Zurich. * The shareholders approved the annual financial statements and the consolidated financial statements for the business year 2025 and voted in favor of a gross dividend of CHF 3.70 per share for the business year 2025, as proposed by the Board of Directors. * The administrative bodies of Sika AG were granted discharge. * The shareholders re-elected all previous members of the Board of Directors, other than Paul Schuler who did not stand for re-election, as well as its Chair Thierry F.J. Vanlancker for another one-year term of office. Barbara Frei and Lukas Gähwiler were newly elected to the Board of Directors for a one-year term of office. Further, the shareholders elected Justin M. Howell, Gordana Landén, and Lukas Gähwiler as members of the Nomination and Compensation Committee for a one-year term of office. * KPMG AG were re-elected as auditors and Jost Windlin was re-elected as independent proxy. * In a non-binding consultative vote, the shareholders approved the 2025 Compensation Report. Further, the Annual General Meeting approved the Board's and the Group Management's future compensation as well as the 2025 Sustainability Report. SIKA CORPORATE PROFILE Sika is a specialty chemicals company with a globally leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building sector and industry. Sika has subsidiaries in 103 countries around the world, produces in over 400 factories, and develops innovative technologies for customers worldwide. In doing so, it plays a crucial role in enabling the transformation of the construction and transportation industries toward greater environmental compatibility. In 2025, Sika's 33,700 employees generated annual sales of CHF 11.20 billion. CONTACT Dominik Slappnig Corporate Communications and Investor Relations +41 58 436 68 21 [email protected] The media release can be downloaded from the following link: Media Release

Sika group planning takeover of adhesives producer Akkim. 18 March 2026 With the planned takeover of the Turkish adhesives producers Akkim, Swiss Sika AG is aiming to further expand its activities into southern Europe, the Mediterranean region, and the Near/Middle East... You can only use this article with a valid subscription and registration. Registered subscribers can access all articles after entering their user name and password. Article topics 03 March 2026 25 February 2026 24 November 2025