Category: 3. Business

Leading global law firm Baker McKenzie has published its annual Global Disputes Forecast, highlighting the challenges of operating in a global environment. Geopolitical pressures are heavily influencing disputes risks, and 82% of organizations are concerned about being subject to a cross-border or multiagency investigation in 2026. In addition, respondents point to cybersecurity and tax as their top dispute and investigation risk areas this year across a diverse, high-stakes risk portfolio. 

The Firm’s Forecast, now in its ninth year, is based on a survey of 600 senior in-house lawyers from industry-leading multinationals across several sectors, including industrials, manufacturing and transportation; consumer goods and retail; healthcare and life sciences; technology, media and telecoms; financial institutions; and energy, mining and infrastructure.

Key Findings

The latest Global Disputes Forecast highlights that organizations are entering 2026 feeling disputes pressures from all sides. Alongside technology-related risk and operational and supply chain disruption, geopolitics and trade policy are also central concerns, with 79% of respondents identifying tariffs, sanctions and export controls as major external market factors increasing their exposure to disputes. This geopolitical reality is driving fears of cross-border and multi-agency investigations, with 82% of organizations worried about being subject to such scrutiny in the coming year. At the same time, threats across cybersecurity, tax, employment, and ESG disputes remain top of mind for legal leaders.

Sunny Mann, Global Chair of Baker McKenzie, said, “We find ourselves in a paradox. Organizations are more globally connected than ever, yet operating in an increasingly fragmented and unpredictable geopolitical environment that is fundamentally altering risk calculations. 
 
The challenge for multinationals is that global integration, once seen as a hedge against risk, has become a vulnerability: supply chains cross contested borders, data flows encounter sovereignty barriers and business relationships can become compliance liabilities overnight as political alignments shift.

A primary mitigation technique among our clients is one of diversification across supply chains, customer base, funds flows, data storage and business and investment partners. Overreliance on a single party or market is a vulnerability.”

Addressing such an expansive set of risks necessitates  a delicate balancing act as organizations manage competing pressures, often with increasingly limited resources. 38% of respondents say their disputes budget for 2026 is inadequate to meet current risk levels, with funding and resourcing constraints cited as the top barrier to litigation preparedness. 

The Forecast also highlights that tax emerged as the second greatest area of concern for both disputes and investigations, likely attributed to the growing complexity of cross-border tax compliance, new international tax frameworks, and increased scrutiny from authorities, which are leading to more frequent and high-stakes tax controversies. 

Key Disputes Trends: 2026 Snapshot

According to respondents, the following types of disputes present the greatest risk to their organization in 2026 (ranked by the percentage of respondents identifying the below as their single greatest risk):

• Data privacy/cybersecurity: 18%
• Tax: 12%
• Trade sanctions/export controls: 11%
• ESG: 9%
• Employment: 8%
• Product liability and consumer disputes: 7%
• AI-related (e.g., bias, liability, misuse): 6%
• Antitrust/competition: 6%
• Commercial/contract: 6%
• Intellectual property/patents/trademark: 6%
• Brand/reputation: 6%

In 2026, organizations’ top risks for both disputes and investigations are the same— cybersecurity and tax. 

Cybersecurity and data privacy disputes (18%) and investigations (17%) are now an inescapable reality of more digitized processes and operations in the face of an ever increasing and more complex cross-border regulatory matrix and cyber-attacks that grow in sophistication almost daily.   
 
Tax emerged as both the second greatest dispute (12%) and investigations (11%) risk, reflecting the complexity of navigating cross-border tax compliance, transfer pricing scrutiny and shifting international tax frameworks. For example, notwithstanding the January 5 Side-by-Side Package, which introduced a number of favorable safe harbors, the OECD’s Pillar Two global minimum tax will continue to add a layer of tax complexity worldwide for both US and non-US parented multi-nationals. The roll out of the global minimum tax has added layers of complexity, and jurisdictions around the world are still grappling with how to balance implementing the global tax mandate into domestic law, and establishing effective and manageable reporting and compliance mechanisms. Additional concerns include developing the necessary skills to be able to administer and audit a regime that requires familiarity with the nuances of multiple accounting standards and domestic tax systems. Against this backdrop, businesses should prepare for Pillar Two disputes in all material jurisdictions. 

Trade sanctions and export controls, ESG and employment also ranked among top concerns, emphasizing that, alongside urgent pressures, organizations are addressing a diverse portfolio of risk more broadly. 

Technology, geopolitics and supply chain disruption drive external disputes risk

The rapid deployment of AI and the increasingly complex cybersecurity threats and data privacy regulations have made data-driven risk the top external driver of disputes exposure in 2026, with 80% of respondents citing it as a concern. Governments are seeking to shore up national security interests, particularly in critical infrastructure sectors such as energy, water, food, technology, health and financial services. This is prompting the creation of cyber laws that impose new reporting obligations, such as the EU’s NIS2 Directive, the US CIRCIA and Singapore’s Cybersecurity Act. These laws require critical infrastructure operators to report major cyber incidents within a stipulated time frame to protect national security and essential services.

At the same time, 79% of organizations view geopolitics and trade policy as a threat, as sanctions, tariffs and export controls disrupt global operations and create uncertainty in cross-border contracts and enforcement. Concerns over geopolitics and trade policy are felt particularly acutely in Germany (84%) and the UK (84%), reflecting the vulnerability of foreign trade-heavy economies. 

Operational and supply chain disruption, a concern for 78% of respondents, also continues to test organizational resilience.

Resource constraints expose vulnerabilities in organizations’ risk-readiness

Over one-third, 38%, of organizations report that their 2026 disputes budget is insufficient to meet current risks, which can lead to slower and less effective responses to disputes. Organizations with limited resources struggle to investigate issues thoroughly, engage specialist counsel or manage multiple cases at once. These constraints reduce flexibility and increase the risk of delayed or reactive decision-making when disputes escalate unexpectedly. Funding and resource constraints (55%) and inability to keep pace with regulatory developments (52%) have also emerged as organizations’ greatest barriers to litigation preparedness. Barriers such as addressing supply chain vulnerabilities (47%) are felt most acutely by sectors with complex and sensitive supply chains, such as industrials, manufacturing and transportation.

Cross-border investigations pose a significant threat in 2026

A remarkable 82% of respondents fear that they may be subject to a cross-border investigation in 2026, while data preservation/forensics (52%) and cross-border coordination (48%) come out as the top areas organizations say present a challenge for their preparedness for investigations. This underlines a disconnect between the looming reality of cross-border investigation risk and organizations’ ability to overcome it. Concerns over the likelihood of being subject to a cross-border investigation are felt particularly acutely by respondents in Singapore (88%) and Hong Kong (85%). This is likely due to their positions as major regional hubs for cross-border trade, financial flows and data movement, as well as a surge in whistleblowing activity in the Asia Pacific region.

Modern arbitration requires adapting to complexity

International arbitration continues to be a cornerstone of cross-border dispute resolution, valued for its flexibility, neutrality, confidentiality and enforceability across borders. In the medium term, organizations expect the greatest challenges for international arbitration to arise from digital transformation and data security, cost and duration, and geopolitical issues. Adoption and integration of technology and data security, particularly cybersecurity threats and the ethical use of AI, are expected to present challenges in areas such as virtual hearings, digital evidence management and legal research.

* * *

Baker McKenzie’s 2026 Global Disputes Forecast surveyed 600 senior decision-makers with responsibility for, or with a key role in, disputes and investigations at large organizations (annual revenue greater than USD 500 million). Respondents are based in the US, the UK, Germany, Singapore, Hong Kong and Brazil.  

With more than 1,000 battle-tested lawyers specializing in disputes and investigations, who have roots in their home jurisdictions and deep sector knowledge, Baker McKenzie’s Dispute Resolution Practice is one of the largest and most recognized in the world. Consistently top-ranked by leading market surveys, the practice supports multinational clients with their most complex and business-critical challenges across the world, particularly high-stakes multijurisdictional disputes. The Firm’s cases frequently involve novel and precedent-setting issues in countries around the world, including markets where competing law firms do not have a local presence.

 

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The Bank for International Settlements has reviewed the content of the FX Global Code and acknowledges that the Code represents a set of principles generally recognised as good practice in the wholesale foreign exchange (FX) market. The BIS confirms that it acts as a market participant as defined by the Code, and is committed to conducting its FX market activities in a manner consistent with the principles of the Code. To this end, the BIS has taken appropriate steps, based on the size and complexity of its activities, and the nature of its engagement in the FX market, to align its activities with the principles of the Code.

For 12 consecutive years, the Top Employers Institute has certified Samsung as the 2026 Top Employer of the Year. The global electronics giant has yet again been applauded for its consistent and exceptional performance in employee relations, workplace culture and human resources practices.

 

This Institute’s Certification Programme is a standout benchmark for HR excellence – recognising Samsung for its positive, inclusive and supportive environment that fosters teamwork, respect and a sense of belonging. Samsung’s certification was awarded after a rigorous, data-driven assessment of the organisation’s HR best practices across various domains, including people strategy, work environment, talent acquisition and employee well-being.

 

Some of the common factors that contributed to the distinction in this prestigious award included employee satisfaction, a clear indication of high levels of overall morale within Samsung coupled with engagement and job satisfaction – often measured through independent, employee surveys. This certification also provides organisations such as Samsung with insights to help them focus on any areas for improvement. 

 

Loren Naicker, People Group Head at Samsung South Africa said: “For us at Samsung, this recognition is quite significant – a testament of our continued dedication to our employees’ wellbeing, innovative work culture and strong career development opportunities. As a company, we would like to express our genuine gratitude to our people because this award is a direct result of their hard work and dedication.”

 

Samsung views its people as its greatest asset and strength. For this reason, the company supports its employees through its continued commitment to providing opportunities, fostering an inclusive culture and developing their full potential through various programmes. These professional development initiatives include some of Samsung’s most robust training programmes, clear paths for career advancement and ongoing investment in employees’ long-term growth and skills development.

 

Naicker adds: “This award is a strong external validation that our company is indeed a great place to work for. As Samsung, we pride ourselves on people-centric policies and initiatives that support a healthy equilibrium between professional and personal life. Importantly, this recognition continues to help in boosting our employees’ morale and enables us to attract the best talent that this country has to offer.”

A labour rights organisation claims it has found evidence of worker exploitation in a Chinese factory that makes the viral Labubu dolls.

China Labor Watch (CLW), a US-based non-governmental organisation, alleges that its investigation found that one of Pop Mart’s suppliers made employees work excessive overtime shifts, sign blank or incomplete contracts and did not give them paid leave.

The furry Labubu dolls have surged in popularity around the world in recent years and are best known for selling toys in “blind boxes”, which hide its content from buyers until it is opened.

Pop Mart told the BBC that it is investigating the claims.

The Beijing-based toy retailer said it appreciated the details from the review and that it will “firmly” require companies making its toys to correct their practices if the allegations are found to be true.

Pop Mart added that it conducts regular audits of its suppliers, including yearly independent third-party reviews carried out by internationally recognised inspectors.

CLW said in its report that it had carried out the in-depth probe into Labubu-maker, Shunjia Toys Co Ltd, in the southern Chinese province Guangdong.

The BBC has been unable to contact Shunjia Toys Co Ltd for comment.

CLW said its researchers conducted 51 in-person interviews with the factory’s employees to discuss matters of recruitment, contracts and their working conditions.

The factory is a “core manufacturing facility” of Pop Mart toys and employed more than 4,500 workers, according to CLW.

The organisation flagged labour issues at Shunjia Toys Co Ltd’s factory in Xinfeng County, including what it said were illegal overtime hours, unclear contract practices and a lack of safety training and protections.

No child labour was identified at the factory, but it had employed 16-year-old workers who were subject to the same working conditions as adults, without special care that is required under Chinese law, said CLW.

It urged Pop Mart to take “immediate action” to address the issues in its supply chain. The non-profit said the firm should compensate affected workers and ensure that its production line complies with Chinese labour laws and internationally recognised labour standards.

Such facilities, called original equipment manufacturers (OEM), make products according to pricing and production schedules set by the client.

“As a result, labour conditions in OEM facilities are closely shaped by brand sourcing practices,” said CLW.

Labubus – the fictional elf-like creatures with a row of jagged teeth have become hugely popular. The craze has sparked long queues in shops worldwide.

Celebrity endorsements from the likes of Kim Kardashian and Lisa from K-pop group Blackpink have helped Pop Mart to become a major toy retailer.

At CES 2026, Siemens’ keynote marked a new era of technology for industry and infrastructure, showcasing how customers and partners are harnessing artificial intelligence to transform their businesses. With AI-enabled technologies, deep domain expertise, and trusted partnerships, Siemens is converting this technological leap into measurable benefits for customers, partners, and society.

“Just as electricity once revolutionized the world, industry is shifting toward elements where AI powers products, factories, buildings, grids and transportation. Industrial AI is no longer a feature; it’s a force that will reshape the next century. Siemens is delivering AI-native capabilities, intelligence embedded end-to-end across design, engineering and operations, to help our customers anticipate issues, accelerate innovation and reduce cost,” said Roland Busch, President and CEO of Siemens AG. “From the most comprehensive digital twin and AI-powered hardware to copilots on the shop floor, we’re scaling intelligence across the physical world, so businesses realize speed, quality and efficiency all at once. This is how we scale a once-in-a generation technology shift into measurable outcomes.”

Siemens highlighted its long-standing partnership with NVIDIA at CES 2026: The companies are expanding their partnership to build the Industrial AI Operating System – helping customers revolutionize how they design, engineer, and operate physical systems. Siemens and NVIDIA will work together to build AI-accelerated industrial solutions across the full lifecycle of products and production, enabling faster innovation, continuous optimization, and more resilient, sustainable manufacturing. The companies also aim to build the world’s first fully AI-driven, adaptive manufacturing sites globally, starting in 2026 with the Siemens Electronics Factory in Erlangen, Germany, as the first blueprint.

To support development, NVIDIA will provide AI infrastructure, simulation libraries, models, frameworks and blueprints, while Siemens will commit hundreds of industrial AI experts and leading hardware and software. The companies have identified impact areas to make this vision a reality: AI-native EDA, AI-native Simulation, AI-driven adaptive manufacturing and supply chain, and AI-factories.

Siemens also announced that it will be integrating NVIDIA NIM and NVIDIA Nemotron open AI models into its electronic design automation (EDA) software offerings to advance generative and agentic workflows for semiconductor and PCB design. This will both maximize accuracy through domain specialization and significantly lower operational costs by enabling the most efficient model to handle and adapt to every specific need.

“Generative AI and accelerated computing have ignited a new industrial revolution, transforming digital twins from passive simulations into the active intelligence of the physical world,” said Jensen Huang, founder and CEO of NVIDIA. “Our partnership with Siemens fuses the world’s leading industrial software with NVIDIA’s full-stack AI platform to close the gap between ideas and reality — empowering industries to simulate complex systems in software, then seamlessly automate and operate them in the physical world.”

New Technology Connects Digital Twin with Real-Time, Real-World Data

Siemens’ primary product launch at CES 2026 is the Digital Twin Composer, available on the Siemens Xcelerator Marketplace mid-2026. This new technology brings together Siemens’ comprehensive digital twin, simulations built using NVIDIA Omniverse libraries, and real-time, real-world engineering data.

With the Digital Twin Composer, companies can create a virtual 3D model of any product, process, or plant; put it in a 3D scene of their choosing; then move back and forth through time, precisely visualizing the effects of everything from weather changes to engineering changes.

With Siemens’ software as the data backbone, the Digital Twin Composer builds Industrial Metaverse environments at scale, empowering organizations to apply industrial AI, simulation and real-time physical data to make decisions virtually, at speed and scale. Digital Twin Composer is part of Siemens Xcelerator, an industry proven portfolio of software used by companies worldwide to develop digital twins.

PepsiCo and Siemens are digitally transforming select U.S. manufacturing and warehouse facilities by converting them into high-fidelity 3D digital twins that simulate plant operations and the end-to-end supply chain to establish a performance baseline. Within weeks, teams optimized and validated new configurations to boost capacity and throughput, giving PepsiCo a unified, real-time view of operations with flexibility to integrate AI-driven capabilities over time.

Leveraging Siemens’ Digital Twin Composer, NVIDIA Omniverse libraries and computer vision, PepsiCo can now recreate every machine, conveyor, pallet route and operator path with physics level accuracy, enabling AI agents to simulate, test, and refine system changes – identifying up to 90 percent of potential issues before any physical modifications occur. This approach has already delivered a 20 percent increase in throughput on initial deployment and is driving faster design cycles, nearly 100 percent design validation and 10 to 15 percent reductions in capital expenditure (Capex) by uncovering hidden capacity and validating investments in a virtual environment.

New Industrial Copilots Streamline Manufacturing Operations

Siemens also spotlighted its partnership with Microsoft, in a conversation with Jay Parikh, executive vice president for CoreAI at Microsoft. Together, Siemens and Microsoft are bridging the worlds of IT and operations, with a collaboration centered on using AI to help organizations across industries improve productivity, resilience, and innovation. Among the highlights: cobuilding the award-winning industrial copilot.

Siemens also announced that it is expanding its set of AI-powered copilots across the industrial value chain. This will embed intelligence that extends from design and simulation to product lifecycle management, manufacturing, and operations.

Siemens will deploy nine new AI-powered copilots for its software offerings, this will include Teamcenter, Polarion, and Opcenter. These copilots, respectively, streamline product data navigation, reducing errors and accelerating time to market; automate compliance, helping to ensure faster regulatory approvals and lower risk; and transform manufacturing processes, driving cost savings and operational efficiency.

These copilots, along with the rest of Siemens’ expanding portfolio of industrial AI solutions, are available to companies of every size on the Siemens Xcelerator Marketplace.

AI-Driven Innovations in Life Sciences, Energy and Manufacturing

In life sciences, the acquisition of Dotmatics has enabled the integration of vast research data in AI solutions of Siemens, fueling drug discovery and development. With Dotmatics’ Luma platform, scientists can unify billions of data points generated across instruments and labs, creating a coherent foundation for AI-driven exploration. Combined with Siemens Simcenter simulation and digital twins, teams can rapidly test molecules, identify promising candidates, and virtually scale production to help life-changing therapies reach patients up to 50% faster and at a lower cost. In energy, Bob Mumgaard, CEO and co-founder of Commonwealth Fusion Systems, described how the company uses Siemens’ technologies as it leads the path to commercial fusion. Commonwealth Fusion Systems uses design software and a strong data backbone to help it accelerate the development of fusion machines that promise clean, limitless energy for generations to come.

In manufacturing, Siemens announced a collaboration to bring Industrial AI to Meta Ray-Ban AI Glasses. With hands-free, real-time audio guidance, safety insights, and feedback, shop floor workers will feel empowered to solve problems efficiently and confidently.

Technology to Transform the Everyday for Everyone

At the Siemens booth in the North Hall of the Las Vegas Convention Center, Siemens is showcasing how its technology transforms the everyday, for everyone. Featured solutions from Siemens and its customers that bring together design, simulation, automation, AI, and digital twin technology:

• PepsiCo is modernizing its global operations to meet evolving customer demands with greater speed and flexibility. With Siemens, the company is digitalizing manufacturing and warehousing processes, enabling faster innovation, more agile production, and smarter decision-making across its supply chain.
• Commonwealth Fusion Systems is pioneering the future of clean energy with commercial fusion. Faced with the challenges of building an entirely new industry, CFS partnered with Siemens to build a comprehensive data backbone and to accelerate the design and manufacturing of this clean, safe, and nearly limitless energy source.
• Haddy is reshaping manufacturing through AI-powered 3D printing and localized micro factories that deliver sustainable, high-quality products faster and closer to customers. Facing challenges around supply chain disruption, sustainability, and production agility, Haddy partnered with Siemens to streamline design, optimize operations, and scale efficiently.

Siemens is also revolutionizing how industrial automation is experienced with the launch of its eXplore tour mobile experience in North Hall. Housed in an 18-wheel vehicle, the eXplore tour delivers an interactive experience that highlights how Siemens technologies converge to drive continuous operational optimization and unlock new levels of efficiency. After CES, the eXplore tour will continue across the U.S. with stops including Realize LIVE in Detroit and Automate in Chicago.

For the first time, Siemens is hosting its autonomous vehicle experience located at West Hall 4352. The experience will feature Siemens’ new PAVE360 Automotive technology, a systemlevel digital twin, to accelerate the development of software-defined vehicles. It will demonstrate how this new technology works, with a real vehicle on site, operating autonomously in a completely virtual environment.

A recording of Siemens’ 2026 keynote is available via LinkedIn

About Siemens

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

Notes and forward-looking statements

This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning.

We may also make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report.

Should one or more of these risks or uncertainties materialize, should decrees, decisions, assessments or requirements of regulatory or governmental authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements.

Other companies that report or describe similarly titled alternative performance measures may calculate them differently.

Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. All information is preliminary.

Ramadan brings visible shifts in how people spend their time, money and attention. Across the UAE, KSA and Türkiye, routines slow down, evenings get busier at home, and priorities lean into faith, family and giving.

For brands, these moments shape decisions across shopping, media, travel and charitable behaviour.

What this snapshot covers

This consumer insight snapshot highlights early Ramadan 2026 signals, including:

• Expected changes in daily routines
• Travel and at home behavior
• Brand choice and switching patterns
• Preferences around Ramadan advertising
• Changes in media habits during the month

And there is more available for purchase

This snapshot is a sneak peek. The full Ramadan 2026 dataset is already available.

It covers deeper insights across share of wallet, shopping behavior, travel plans, giving and media consumption, alongside audience and shopper profiles for the UAE, KSA and Türkiye. Get in touch with YouGov experts today for more insights.

HOUSTON, Jan. 14, 2026 /PRNewswire/ — Bristow Group Inc. (NYSE: VTOL) (the “Company” or “Bristow”) announced today the pricing of an upsized private offering of $500 million aggregate principal amount of 6.75% senior secured notes due 2033 (the “notes”) to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The closing of the offering is expected to occur on January 26, 2026 and is subject to the satisfaction of customary closing conditions.

The notes will mature on February 1, 2033 and will be issued at par. The notes will pay interest semi-annually and will be fully and unconditionally guaranteed, jointly and severally, on a senior secured basis, by the Company’s existing material, wholly owned domestic subsidiaries and certain existing material, foreign subsidiaries, as well as certain future subsidiaries. The notes will be secured by first-priority liens, subject to limited exceptions, on collateral that will consist of certain helicopters and related assets, together with substantially all of the other tangible and intangible property assets of the Company and the subsidiary guarantors (other than certain excluded assets), including approximately 119 pledged aircraft.

The Company will irrevocably deposit a portion of the net proceeds from the offering with the trustee under the indenture (the “2028 Notes Indenture”) governing its 6.875% Senior Secured Notes due 2028 (the “2028 Notes”) in an amount sufficient to redeem the 2028 Notes in full on March 1, 2026 and fund the payment of the principal, premium and interest to, but not including, such redemption date and all other sums payable under the 2028 Notes Indenture with respect to the 2028 Notes. As a result (and at the time) of such deposit, the 2028 Notes Indenture will be satisfied and discharged in accordance with its terms with respect to the 2028 Notes (the “Satisfaction and Discharge”). The Company intends to use any remaining net proceeds from the offering for general corporate purposes.

The notes are being offered and sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The offer and sale of the notes and the related subsidiary guarantees have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities, nor shall there be any sale of the notes or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the notes shall be made in the United States only by means of a private offering circular pursuant to Rule 144A under the Securities Act, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.

This press release does not constitute a notice of redemption with respect to the 2028 Notes.

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue (“SAR”), medevac, fixed-wing transportation, unmanned systems and ad hoc helicopter services. Our business is comprised of three operating segments: Offshore Energy Services, Government Services and Other Services. Our energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed-wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom and the United States.

Forward-Looking Statements Disclosure

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements about our future business, strategy, operations, capabilities and results; financial projections; plans and objectives of our management; expected actions by us and by third parties, including our customers, competitors, vendors and regulators; and other matters. Some of the forward-looking statements can be identified by the use of words such as “believes,” “belief,” “forecasts,” “expects,” “plans,” “anticipates,” “intends,” “projects,” “estimates,” “may,” “might,” “will,” “would,” “could,” “should” or other similar words; however, all statements in this press release, other than statements of historical fact or historical financial results, are forward-looking statements. Without limiting the generality of the foregoing, such forward-looking statements include statements regarding the use of proceeds from the offering and the Satisfaction and Discharge of the 2028 Notes. Our forward-looking statements reflect our views and assumptions on the date hereof regarding future events and operating performance. We believe that they are reasonable, but they involve significant known and unknown risks, uncertainties, assumptions and other factors, many of which may be beyond our control, that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties and factors that could cause or contribute to such differences include, but are not limited to, those discussed in our Annual Report on Form 10-K, and in particular, the risks discussed in Part I, Item 1A, “Risk Factors” of such report and those discussed in other documents we file with the Securities and Exchange Commission. Accordingly, you should not put undue reliance on any forward-looking statements. There can be no assurance that the offering of the notes will be consummated on the terms described herein or at all.

All forward-looking statements in this press release are qualified by these cautionary statements and are only made as of the date thereof. The forward-looking statements in this press release should be evaluated together with the many uncertainties that affect our businesses, particularly those discussed in greater detail in Part I, Item 1A, “Risk Factors” and Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our Annual Report on Form 10-K and Part I, Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Part II, Item 1A, “Risk Factors” of our subsequent Quarterly Reports on Form 10-Q. We disclaim any obligation or undertaking, other than as required by law, to provide any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, whether as a result of new information, future events or otherwise.

Investors
Bristow Group Inc.
Jennifer Whalen
InvestorRelations@bristowgroup.com

Media
Bristow Group Inc.
Adam Morgan
Adam.morgan@bristowgroup.com 

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SOURCE Bristow Group

The roll out of the eID program is part of the Minns Government’s more than $1 billion biosecurity investment to protect and secure the agricultural sector.

Under the latest rebate program, eligible farmers and others can claim a 50 per cent rebate, up to a maximum of $1,500, on the purchase of a handheld eID reader. The rebate will be made available in early March 2026.

The latest round of funding is being offered to producers and livestock agents who may have missed out on the initial infrastructure rebate scheme in 2023.

Many producers and livestock agents are now recognising the practical value of this equipment, not just for meeting mandatory requirements such as property-to-property stock movements, but also for improving on-farm management through the collection of accurate individual animal data.

This information helps farmers make better-informed decisions, strengthening productivity, especially during challenging or variable seasonal conditions.

The equipment rebate follows a strong uptake of eID tags, with some 15.2 million eID tags purchased since November 2024, more than 1.79 million eIDs scanned in saleyards in 2025 and approximately 22.4 per cent of the sheep and goats coming through saleyards already equipped with an eID.

The NSW Government has committed $41 million for the implementation of mandatory electronic identification for sheep and goats in the state – the largest funding commitment of any state or territory.

Minister for Agriculture Tara Moriarty said:

“The equipment rebate is part of the Minns Labor Government’s ongoing financial support for primary producers in the transition to electronic IDs.

“Sheep and goat producers, along with livestock agents will benefit from this rebate, targeted specifically to reduce the cost of meeting mandatory eID requirements.

“This program ensures NSW producers will continue to lead the world in biosecurity safety and maintain their export premiums.

“We will continue working with producers, agents, saleyards and processors to implement eID in their operations.”