STOCK EXCHANGE RELEASE 5 MAY 2025 AT 9.45 A.M Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result This release is a summary of Oma Savings Bank’s (OmaSp) January-March 2025 Interim Report, which can be read from the pdf file attached to this stock exchange release and on the Company’s web pages www.omasp.fi CEO Karri Alameri: High costs and declining market interest rates weighed on the result ”I had the honour of starting as the CEO of Oma Savings Bank at the end of March These discussions have underscored OmaSp’s strong customer relationships as well as comprehensive range of services These elements provide a solid foundation for OmaSp’s next phase It is clear that we must continue refining our policies and evolving our ways of working Trust in the Company is rebuilt through actions The comparable profit before taxes for the first quarter was EUR 4.6 million and the comparable cost/income ratio of 54.4% Profit and profitability were burdened by increased operating and personnel expenses as well as lower net interest income due to declining market interest rates The increase in costs is primarily attributed to the implementation of the risk management action plan (the “Noste”) initiated in summer 2024 The final investments in the project were made as planned in the first quarter and new operating models are being integrated into daily operations Total investments in the Noste project reached EUR 9.1 million over its duration we continue to act on the findings of the supervisory assessment Net interest income decreased by 18.3% compared to the comparison period The decline is due to fallen market interest rates The volumes transferred from Handelsbanken have contributed to the development of net interest income as market interest rates have declined Fee and commission income and expenses (net) remained nearly at the level of the comparison period The mortgage loan portfolio increased by 3.0% and the deposit base by 2.7% from the level of the previous year Impairment losses on financial assets totalled EUR -22.3 million in January–March Approximately one-third was related to the update of the calculation model for expected credit losses (ECL) another third to increased allowances in the portfolio which is being wound down in a controlled manner and the remaining third to other impairment losses on the loan portfolio due to the general uncertain economic situation a provision of EUR 3.0 million was made for the first quarter to prepare for potential sanctions from the Finnish Financial Supervisory Authority (FIN-FSA) due to deficiencies identified in the final inspection report on the prevention of money laundering and terrorist financing The FIN-FSA's audit covered the period prior to December 2023 Measures to rectify the deficiencies were initiated while the audit was underway last year Customer and employee satisfaction at an excellent level we gained 10,000 new customers last autumn and the integration has progressed smoothly We have 48 branches covering all key growth and regional centres in Finland approximately 800 new customer relationships were established organically per month OmaSp has a strong customer base of over 200,000 We are committed to offering services to households and SMEs across our network Our customer and employee surveys indicated that satisfaction has remained at the excellent level of previous years I want to extend my gratitude to our personnel for their exemplary work Committed and motivated personnel are crucial to OmaSp's future success with a good solvency and liquidity position The total capital (TC) ratio further strengthened to 17.7% at the end of March The accumulated equity exceeds EUR 583 million We will continue to develop our operations and strengthen the customer experience for both existing and new customers Outlook for the financial year 2025 adjusted OmaSp updated its expected credit loss (ECL) calculation model in the first quarter and made a provision to prepare for possible sanctions following the final inspection report from the FIN-FSA on anti-money laundering and terrorist financing These had a total one-off impact of approximately EUR -11 million on the results Overall economic uncertainly has further increased OmaSp maintains its earnings guidance on the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025 with a clarification that the figure is expected to be below the mid-point of the range Business outlook and earnings guidance are as follows: The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes the Company continues to invest in customer experience on different channels The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025 Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025 Earnings guidance is based on the forecast for the entire year which takes into account the current market and business situation Forecasts are based on the management’s insight into the Group’s business development We estimate the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025 with a clarification that the figure is expected to be below the mid-point of the range (comparable profit before taxes was EUR 86.7 million in the financial year 2024) Additional information:Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi OmaSp is a solvent and profitable Finnish bank About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products OmaSp is also engaged in mortgage banking operations OmaSp core idea is to provide personal service and to be local and close to its customers OmaSp strives to offer premium level customer experience through personal service and easy accessibility the development of the operations and services is customer-oriented The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development A substantial part of the personnel also own shares in OmaSp After nearly a decade of operation, the OMA–renovated Fondaco dei Tedeschi in Venice shuts its doors (find designboom’s previous coverage here) the LVMH-owned travel retailer that runs the department store posts a quiet notice on its website: ‘As of May 1 our store will be closed.’ The news is followed by a farewell post on Instagram thanking friends and customers for the years of shared experiences while tourists were drawn in as much for the panoramic views as for the luxury shopping all images by Delfino Sisto Legnani and Marco Cappelletti © OMA little of its original structure remained untouched commissioned by the Benetton family in 2009 carved out new public paths through the mass added a hovering steel-and-glass floor over the central courtyard and revived the rooftop by transforming a 19th-century pavilion into a wooden terrace with panoramic views over Venice.  the OMA–renovated Fondaco dei Tedeschi in Venice shuts its doors they opened up vertical circulation with new escalators and reinstated the gallerias as surfaces for frescoes a public piazza at the heart of the structure.  DFS operated the space as a luxury department store OMA’s design was also about public access It avoided nostalgia and challenged the idea that heritage buildings must be static or sacred Its protected status severely limits what can be altered but its history shows that the Fondaco always adapts the space that regularly hosted art installations locals often used the historic building as a shortcut between Campo San Bartolomeo and the Rialto Venice was home to DFS’s only store in Europe tourists were drawn in as much for the panoramic views as for the luxury shopping the courtyard became a kind of indoor campo a steel-and-glass floor hovers over the central courtyard transforming a 19th-century pavilion into a wooden terrace with panoramic views over Venice OMA’s revamp carved out new public paths through the mass its history shows that the Fondaco always adapts | image courtesy of DFS name: Fondaco dei Tedeschi (DFS Venice) | @tfondaco renovation architect: OMA | @oma.eu  operator: DFS Group  lead architects: Ippolito Pestellini Laparelli | @ippopeste, Rem Koolhaas | @rem.koolhaas, Silvia Sandor | @silviasandor AXOR presents three bathroom concepts that are not merely places of function but destinations in themselves — sanctuaries of style This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page "Christian Dior: Designer of Dreams" Installation Views. Image © Kyungsub ShinThe spatial organization draws inspiration from the traditional Korean hanok centering the exhibition around "The Garden," a large open space that functions as the madang with smaller galleries unfolding around it The design of "The Garden" is conceived as a large-scale referencing the porcelain vessel traditionally created by separately throwing and joining hemispherical halves a dynamic projected dome meets a textured hanji forest landscape created by the artist Hyun Joo Kim Related Article Islamic Arts Biennale 2025 Opens in Jeddah, Saudi Arabia Thematic rooms continue this dialogue by translating culturally significant Korean objects and techniques into spatial elements. "Dior Legacy" traces the timeline of the House's creative directors through a single curving ribbon, crafted using the jogakbo textile technique, suggesting both distinction and continuity across eras. In the "Lady Dior" room, traditional red lacquerware cabinetry informs a modular and sculptural display system. You'll now receive updates based on what you follow Personalize your stream and start following your favorite authors If you have done all of this and still can't find the email in Port Arthur to Ida Gray and William Omer Reeves Sheila Pharis; Bulinda Mathis and her husband Tony Earl; Darlene Engelke; George Hooks; Ida Beth King and her husband Stewart Dale; and Mary Biselli and her husband Preston McKee; and numerous great-grandchildren and extended family and friends through the years Oma is preceded in death by her parents; first husband Fore’s family and friends will begin 10:00 a.m. Her interment will follow at Hooks Cravey Cemetery Our thoughts and prayers go out to all the family and friends She meant a lot to our family and was always very close They frequently visited her and enjoyed all their visits I can still recall her wonderful chicken and dumplings I don’t recall tasting a better one since hers I had the honor of knowing Oma from Liberty Healthcare Center She was just one of those souls who I lived from the 1st day I started working there I loved when you’d walk by and say hello and she would say “well come here and let me see you”. she was the highlight of my shift and I will truly miss her so very much I got to be around her the night before she passed I’m honored I got to say goodbye and love on her one last time All my heart to the family & friends who loved Oma The family are in our thoughts and prayers I have alot of great memories of when Maw Maw and Paw Paw would come visit..priceless May you be surrounded now by Peace and Comfort during this time and website in this browser for the next time I comment Beaumont - McFaddin Ave. Beaumont - Major Dr. Nederland ©Broussard's Mortuary 2017-2025 Built By Americom Marketing For the France Pavilion at Expo 2025 Osaka, Louis Vuitton, and OMA / Shohei Shigematsu reveal a dual installation that transcends exhibition Housed within the French Pavilion’s overarching theme ‘A Hymn to Love,’ the collaboration carves out two distinct experiences — one rooted in heritage and the other propelled by imagination — inviting visitors to explore the enduring tension between tradition and transformation The first of the pavilion‘s two interconnected spaces presents a towering archive of savoir-faire eighty-four open wardrobe trunks define the room’s architecture creating a glowing chamber that both stores and displays the brand’s 160-year legacy of craft Each trunk is fitted with bespoke compartments showcasing videos of craftspeople at work transforming this ‘library’ into a living museum of technique the installation transitions from bright openness to subdued mystery reinforcing the symbolic arc from past to present photography by Marco Cappelletti In the second room of Expo 2025 Osaka‘s France Pavilion, Louis Vuitton and the architects at OMA shift gears with a performative sphere — a monumental 6.6-meter globe composed entirely of the brand‘s white Courrier Lozine trunks The globe levitates within a double-height space rotating and moving vertically in sync with a hypnotic video installation by Daito Manabe this kinetic environment evokes a futuristic theater The sculptural object draws on Expo iconography while reimagining the trunk Louis Vuitton’s original design module as a metaphor for exploration and reinvention Here, the trunk becomes more than just a container — it’s a building block. Shigematsu’s concept interlocks opposing spatial narratives: archive and theater, preservation and performance. ‘We created two contrasting spaces with one module, the trunk,’ the architect explains ‘One is built from stacked open trunks the two juxtapose tradition and transformation.’ The gesture also reflects a deeper cultural resonance between France and Japan emphasizing shared values of craftsmanship Louis Vuitton and OMA create a dual installation for the France Pavilion at Expo 2025 Osaka the pavilion presents a glowing library of stacked LV trunks filled with artisan stories eighty-four trunks are stacked to become immersive display modules heritage craft is contrasted with a digital voyage a 6.6 meter globe is built from white monogram trunks the iconic trunk is reimagined as both archive and stage louis vuitton and OMA emphasize france and japan’s shared design values architecture: OMA | @omanewyork, Shohei Shigematsu | @shohei_shigematsu collaborator: Louis Vuitton | @louisvuitton event: Expo 2025 Osaka | @expo2025japan photography: © Marco Cappelletti the stadium aims to be a key connector between the Blloku and Komune a Parisit neighborhoods The design expands the existing football park into a dynamic, mixed-use development that blends new architecture with generous public spaces. Inspired by Albania's mountainous terrain, the project introduces a layered composition of buildings and landscapes that form a contemporary civic destination. At the heart of the plan is the refurbished stadium, whose seating capacity will increase from 9,500 to 15,000. A newly designed arena bowl enhances the spectator experience by offering clear sightlines and reducing the distance between stands and the pitch. Framing the stadium are new residential units of various sizes, along with a hotel, office spaces, retail, and food and beverage outlets. The project also introduces new spaces for artist residencies and a purpose-built home for the Museum’s cultural incubator rendering of the expanded New Museum, courtesy OMA/bloomimages The New Museum has always positioned itself as a forward-thinking space for contemporary culture in New York. Since its founding in 1977, the museum has evolved to meet the needs of artists and audiences ‘The New Museum has always been a future-facing museum — not a place for preserving and recording history but a place where history is made,’ said Lisa Phillips Toby Devan Lewis Director of the New Museum the Museum hopes to strengthen its role as a civic resource for New York City’s diverse communities and the international art world With its own unique aesthetic, the OMA-designed expansion will stand in dialogue with the existing SANAA-designed building which has stood as a New York icon since 2007 ‘The New Museum is an incubator for new cultural perspectives and production and the expansion aims to embody that attitude of openness,’ noted Shohei Shigematsu The building will introduce horizontally expansive galleries contrasted with the existing museum’s verticality It will also feature transparent elements in its central atrium and terraces inviting public engagement with the surrounding community rendering of the expanded New Museum and public plaza the seventh-floor Sky Room will double in size maintaining its panoramic view of downtown Manhattan In keeping with the New Museum NYC’s reputation for groundbreaking exhibitions, the inaugural show for the expanded building titled ‘New Humans: Memories of the Future,’ will bring together the work of more than 150 artists the exhibition will explore humanity’s evolving relationship with technology and what it means for the future ‘‘New Humans’ reveals how our most terrifying contemporary concerns are in fact as old as humanity itself,’ said Massimiliano Gioni Edlis Neeson Artistic Director of the New Museum This exhibition will place contemporary works alongside significant pieces from the 20th and 21st centuries offering an interdisciplinary view of artists’ visions for humanity in a changing world name: New Museum | @newmuseum design architect: OMA | @omanewyork executive architect: Cooper Robertson | @cooperrobertsonpartners previous coverage: October 2017, June 2019 visualization: courtesy OMA, bloomimages | @bloomimages partner in charge: Shohei Shigematsu partner in collaboration: Rem Koolhaas associate/project architect: Jake Forster design lead: Jackie Woon Bae technical lead: Ninoslav Krgovic Cooper Robertson team partner: Erin Flynn senior associate: Andrew Barwick Chief Operating Officer project and cost management: Gardiner and Theobald Executive Vice President & COO construction manager: F.J President and Chief Operating Services Officer Senior Structural Engineer mechanical systems: ARUP Senior Principal civil engineer: Philip Habib & Associates At Seoul’s Dongdaemun Design Plaza (DDP), a vast, column-free volume becomes a stage for the OMA-designed exhibition, Christian Dior: Designer of Dreams. Led by Shohei Shigematsu, this latest iteration of Dior’s traveling retrospective breaks from the format of boxed gallery rooms to orbit around a central void inspired by Korean hanok courtyard logic The heart of the exhibition is inside ‘The Garden’ — a monumental reinterpretation of the traditional Korean moon jar this immersive space is lined with hanji trees and blossoms designed by artist Hyun Joo Kim OMA’s choice to center the experience around a sculptural void draws not just from Korean vessels but from the philosophical idea of holding everything — history images © Kyungsub Shin Rather than merely decorating the halls of Dongdaemun Design Plaza (DDP) with Korean motifs, the team at OMA embeds cultural references into the structure itself Jogakbo patchwork techniques inspire the sinuous textile ribbon of ‘Dior Legacy,’ while ‘Lady Dior’ leans into the red-lacquered geometries of Korean cabinetry OMA fuses Dior’s atelier detail with Seoul’s vernacular materiality The team at Colorama flips the usual linear logic into a chromatic wheel surrounding visitors with primary hues at the center and diffused shades beyond reflecting each other into kaleidoscopic infinity It’s one of several rooms where OMA’s spatial tricks — mirrors scrims — disassemble the fashion vitrine into a theater of form Dior exhibition is staged by OMA inside the vast column-free hall of Seoul’s Dongdaemun Design Plaza In ‘The Dior Ateliers,’ the ghostly white toiles — usually kept behind the seams — hang like spectral garments Suspended from the ceiling and mirrored on all sides they dissolve into an endless field of dressmaking dreams The effect recalls Seoul’s own aesthetic of quiet intensity: craftsmanship made cosmic The show opens with ’30 Avenue Montaigne,’ where Dior’s original Paris atelier is reimagined through translucent scrims printed with historic photographs OMA uses light and layering to evoke memory turning the familiar facade into a cinematic dissolve of fashion history OMA organizes the entire exhibition like a procession through varied spatial moods mirroring Dior’s decades-long oscillation between classicism and reinvention the exhibition orbits a central garden space inspired by the traditional Korean moon jar ‘The Dior Ball’ transforms the Maison’s famed staircase into a twisting sculpture populated by gowns ‘Stars in Dior’ replaces conventional spotlights with a shimmering grid of metal cables that catch and scatter light like a constellation — an architecture of stardom and ephemerality The J’Adore room is pure theatrical flourish: a golden hall of mirrors and glowing perfume bottles created in collaboration with artist Jean-Michel Othoniel OMA closes the experience not with quiet reflection but with luminous opulence — fitting for a brand that dreams big OMA draws from Hanok courtyard architecture to shape a continuous spatial journey the Dior Ateliers room suspends white toiles in mirrored infinity Stars in Dior and the Dior Ball use cables and sculptural staircases the exhibition blends fashion and architecture through light exhibition name: Christian Dior: Designer of Dreams scenography designer: OMA New York | @omanewyork museum: Dongdaemun Design Plaza (DDP) | @ddp_seoul photography: © Kyungsub Shin OMA New York: partner: Shohei Shigematsu associate: Christy Cheng project architect: Caroline Corbett team: Baiyang Kong curator: Florence Müller contributing artists: Seon Ghi Bahk Bowoo Engineering lighting design: Lightemotion audiovisual design / hardware: The Gream Kukje Gallery graphic design: Anamorphée textile artworks mounting: Colorama Conception and Production Agence Alighieri PRODEX Aerospace Solutions metal fabrication: O2 Metal wood fabrication: Yulsan D&C fabrics Jogakbo: Easement exhibition prints: PICTO signage: Andwe exhibition operations: AMHERST Inc will open in fall 2025 with an exhibition exploring the very definition of humanity Rendering of the expanded New Museum. Image Courtesy of OMA/bloomimages.deThe seven-story expansion will appear distinct on the exterior while seamlessly integrating with the existing structure inside It will align ceiling heights on the second and fourth floors for uninterrupted connectivity between the two buildings Improved vertical circulation will include an atrium stairway offering neighborhood views and opportunities for site-specific art installations Related Article New York City Implements Traffic Congestion Pricing, the First in the US a biannual juried prize supporting new work by women artists The piece will be displayed on the Museum's public entrance plaza and exhibitions enabled by the expansion will be announced in the coming months With over five hundred historical objects and twenty-nine contemporary art commissions, this year’s biennale presents more than twice the content of the inaugural edition. OMA returns to design the scenography unifying these works within an abstract architectural environment through archetypal forms and a restrained material palette White fabrics in varying textures are used throughout the exhibition with subtle lighting changes creating perceived differences in color ensuring that the design maintains an understated elegance images © Marco Cappelletti OMA Partner Iyad Alsaka expressed the firm’s pride in contributing to the expansion of the Islamic Arts Biennale, both within Saudi Arabia and globally. The design team worked closely with the Diriyah Biennale Foundation to create an immersive and thought-provoking environment, reinforcing the significance of this cultural event highlighted the challenge of harmonizing the scenography with the diverse historical and contemporary works on display The team employed an abstract architectural language relying on lightness and translucency to create a sense of cohesion while avoiding traditional museum-like presentations This approach allows the exhibition to fluidly blend past and present inviting visitors to engage with the works on a deeper level the second edition of the Islamic Arts Biennale is in Jeddah with scenography by OMA Housed under the Hajj Terminal canopy at Jeddah’s King Abdulaziz International Airport the exhibition is divided into seven distinct sections: AlBidayah (The Beginning) a dedicated space for prayer and reflection Each area features a unique design that enhances the thematic focus of the exhibited works curved translucent walls that emphasize the grandeur of the items on display One of the standout pieces in this section is the Kiswah — the cloth that covers the Holy Kaaba — which is shown in its entirety outside Makkah for the first time This area also includes other significant items from Makkah and Madinah The use of black frames for vitrines subtly echoes the tones of many displayed pieces contributions from over thirty institutions around the world are showcased amidst a forest of thiry-seven abstract These concentric layers of translucent textiles rise from vitrines gradually blending into the darkness above The density of columns helps guide visitors through thematic clusters creating an immersive experience while highlighting the breadth of international participation in the biennale AlMuqtani’s scenography is designed to provide equal attention to two distinct collections The gallery’s bowtie-shaped layout divides the space into two triangular sections which are only revealed as visitors move through the space The central area features some of the exhibition’s most valuable and significant pieces the biennale showcases over 500 historical objects and 29 contemporary art commissions AlMidhallah presents site-specific artworks that reflect the theme of gardens in Islamic culture structured by SOM’s Hajj Terminal canopy is enriched by extensive plantings introduced as part of a 2023 landscape intervention The resulting arrangement offers a more intimate journey through the exhibition encouraging visitors to explore the relationships between the artworks and their natural surroundings recognizing Saudi Arabia’s role as the guardian of these holy cities AlMukarramah explores the significance of Makkah showcasing historical items related to the Holy Kaaba AlMunawwarah highlights the legacy of Madinah featuring gold-embroidered textiles and a design inspired by the city’s welcoming warmth OMA’s design uses abstract forms and restrained materials with white fabrics and subtle lighting variations under the artistic direction of Julian Raby and curator of contemporary art Muhannad Shono OMA’s continued involvement in the biennale reflects the firm’s deep engagement with cultural projects in Saudi Arabia and the broader Middle East This edition represents a significant chapter in OMA’s expanding portfolio in the region building on projects such as the Qatar National Library and Concrete at Alserkal Avenue illuminated columns guide visitors through thematic clusters in the Almadar section the exhibition is divided into seven sections each with a unique design tailored to the artworks continuing OMA’s involvement in major cultural projects in Saudi Arabia scenography designer: OMA / Iyad Alsaka and Kaveh Dabiri event: Islamic Arts Biennale 2025 | @biennale_sa on view: January 25th — May 25th photography: © Marco Cappelletti | @_marcocappelletti happening now! partnering with antonio citterio, AXOR presents three bathroom concepts that are not merely places of function, but destinations in themselves — sanctuaries of style, context, and personal expression. The new campaign ‘Life Without Out of Home’, reveals how revenue generated from advertising in public spaces directly funds and maintains essential infrastructure. From bus and tram shelters to public toilets and pedestrian bridges these everyday items are often made possible without relying on taxpayer dollars. Says Elizabeth McIntyre, CEO, OMA: “People see an ad in a public space, but what they don’t see is how that ad is helping pay for the infrastructure we all rely on, and how much it saves taxpayers.” In 2024, the OMA commissioned Deloitte Access Economics to quantify this value. The analysis found the OOH industry contributes an estimated $1.3 billion to the Australian economy and develop, manage and maintain over 21,500 public infrastructure items valued at more than $650 million, directly supporting infrastructure and services used by millions of Australians. Adds McIntyre: “It’s not just about ads. It’s about jobs, infrastructure, and creating value that would otherwise come from the public purse. For every dollar of value added by OOH advertising companies, there is more than another dollar of value added across the broader economy.” The ‘Life Without OOH’ campaign is being launched at a critical time, as governments consider further restrictions on advertising, including a ban on occasional food and drink advertising from 1 July on Adelaide Metro buses, trains and trams in South Australia. Industry leaders are urging a more balanced understanding of the role OOH advertising plays in supporting communities. Save my name, email, and website in this browser for the next time I comment. Register for Free and receive the Campaign Brief Daily Bulletin. Type your email address in the space below. LOEWE’s first major public exhibition has come to Tokyo, highlighting the Spanish brand’s evolution from an artisanal leather workshop in 1846 to its standing as a global fashion house. With scenography and interactive spatial experiences crafted by OMA Crafted World unfolds across a series of thematic rooms that each tell a different story of the fashion house’s history ceramicists and more through live demonstration stations The exhibition will remain on view until May 11th Crafted World was first staged by OMA at the Shanghai Exhibition Center the first iteration of a traveling exhibition staged inside the mid-twentieth century structure marking the Dutch practice’s first collaboration with LOEWE It has now been revitalized and adapted to engage with Tokyo’s vibrant cityscape glass-wrapped structure that gives passersby glimpses into the space some of the brand’s iconic elements are pasted as playful cutout elements and illuminated like the city’s iconic neon signage This eclectic visual language continues inside the exhibition which spans 1,300 square meters with seven experiential rooms of exhibition spaces and installations evoking a journey through Loewe’s world charting two centuries of its history.  a space that introduces the brand’s origins and a recreation of LOEWE’s early leather atelier set the stage for the journey ahead grounding the exhibition in the craftsmanship that has defined the house since its founding in 1846 the experience transitions into The Craft Room and leather artisans will be offering live demonstrations of the techniques that shape LOEWE’s collections LOEWE’s Crafted World arrives in Tokyo the focus shifts to the creative process behind LOEWE’s most iconic designs and mood boards reveal the journey from concept to final product offering an intimate look at the artistic decisions and experimentation that drive the brand’s aesthetic The exhibition then moves outward into The Street a dynamic installation capturing the brand’s presence in contemporary culture oversized displays and interactive moments highlight the brand’s collaborations with artists and designers A surreal atmosphere takes over in The Garden and organic forms echo explorations of materiality This sensory shift leads into the audiovisual Theater and multimedia works are projected across the space charting the evolution of LOEWE’s identity through moving imagery bringing past and present collections to life a retrospective display of LOEWE’s most celebrated designs Classic leather pieces sit alongside experimental runway creations forming a curated timeline that reflects heritage and innovation This final space hints at the brand’s future reinforcing Loewe’s position at the intersection of tradition and contemporary design.  charting the brand’s evolution from an artisanal leather workshop to its standing as a global fashion house Crafted World unfolds across a series of thematic rooms with scenography and interactive spatial experiences crafted by OMA a playful curation of juxtapositions and unexpected encounters weave through experiential rooms highlighting two centuries of the brand’s culture some of the brand’s most recognized designs are on display and contemporary design objects are brought together together artisanal crafts on display alongside live workshops LOEWE’s iconic cutouts on the facade illuminated like Tokyo’s illuminated signage architect: OMA | @omanewyork client: LOEWE | @loewe OMA partners including Rem Koolhas and Shohei Shigematsu are designing a new building for Manhattan's only dedicated contemporary art museum Last week, the New Museum, a Manhattan hub for new art and ideas, announced that it will open a 60,000 sq ft expansion in autumn of this year. The building has been designed by international architecture firms OMA (the Office for Metropolitan Architecture) and Cooper Robertson and its opening will coincide with an inaugural exhibition called New Humans: Memories of the Future the practice's first public building in New York which will be named after the late philanthropist Toby Devan Lewis It will ‘usher in a new era of possibilities for the New Museum as a vital civic resource for New Yorkers and the global arts community’ Toby Devan Lewis director of the New Museum She added that ‘the New Museum has always been a ‘future-facing museum’ – ‘not a place for preserving and recording history the extension will complement the existing building on the Bowery at Prince Street and creating new venues for artist residencies and public programs The new building will be a ‘highly connected yet distinct counterpart to the existing museum’s verticality and solidity’ The OMA partner also revealed that the extension will ‘offer horizontally expansive galleries for curatorial variety ‘moments of transparency throughout the central atrium’ The inaugural exhibition will be an ‘encyclopedic interdisciplinary exhibition that continues the Museum's engagement with the most pressing issues of today’ Edlis Neeson artistic director of the New Museum: ‘Through the work of more than 150 artists New Humans reveals how our most terrifying contemporary concerns are in fact as old as humanity itself [The exhibition] highlights the role artists play in interpreting and confronting the critical issues that will shape our collective fate.’ The New Museum is ‘an incubator for new cultural perspectives and production’ and we look forward to seeing OMA’s architectural interpretation of this methodology oma.com escapism and design stories from around the world direct to your inbox Anna Solomon is Wallpaper*’s Digital Staff Writer working across all of Wallpaper.com’s core pillars with special interests in interiors and fashion she was Senior Editor at Luxury London Magazine and Luxurylondon.co.uk where she wrote about all things lifestyle and interviewed tastemakers such as Jimmy Choo All images courtesy of Shigematsu and OMA.Shohei Shigematsu is an anomaly in the OMA-verse dozens of articles have chronicled the exodus of OMA-trained talents who chose to strike out on their own emerging from the shadow of iconic king and queenmaker Rem Koolhaas The now 51-year-old embarked on his OMA orbit in 1998 in the Rotterdam office Koolhaas had tapped him to run a skeletal office in New York he became a partner (thus the designation OMA/Shohei Shigematsu) The studio's first decade operated in fits and starts while its second cemented Shigematsu’s name as an architectural powerhouse—fleshing out a wide-ranging portfolio of built work and a Park Avenue Armory collaboration with artist Taryn Simon [and] we are ready to roll up our sleeves." In 2024, for the Louis Vuitton "Visionary Journeys" exhibition in Bangkok, the studio asked themselves if humor could be structurally sound. Shigematsu and project leader Jesse Catalano constructed an arched tunnel out of the famed maison’s trunks, transporting viewers through a captivating portal into Louis Vuitton's story five-story atrium at the brand’s 57th Street flagship was transformed by stacking the signature trunks into 50-foot-high sculptural towers that invoke the verticality of Manhattan Now add to the mix Tiffany's landmark flagship in New York and collaborations with Dior spanning seven years and ongoing Not only are you creating a new visual language for luxury that links fashion houses and museums but your office stays relevant while larger projects take years to finish For Shigematsu, the act of building is how you test if the program, the circulation, the materials, or the humor works. He can scale up and down and loves collaborating with artists because they obsess over every detail. The stars aligned in early 2024 at Casa Wabi Foundation founded by Mexican contemporary artist Bosco Sodi The rural compound is home to a handful of architectural interventions Shigematsu designed a concrete pavilion shaped like an egg, a self-supporting ellipsoid that incubates mushrooms growing in terra cotta pots crafted by local artisans. The fungi production is on full display and will be harvested and returned to the local community The Mushroom Pavilion pays homage to the eco-art of Helen Mayer and Newton Harrison who proved spectacle in cultural spaces could lead to genuine conversation and policy changes Shigematsu's next step is to return to Puerto Escondido in the spring and share a mushroom omelet with Sodi and the local artists.  Whose house would you live in (real or fictional) and why It’s not so much about the house but where What is your go-to uniform when you're powering through a project It depends on my mood but also where I am that day.   Are there any analog materials you return to in spite of the prevalence of new technologies I wish we could make buildings with digital materials I’m drawn to things with a human touch whether it’s handmade or influenced by human hands.  built off staff submissions to our studio playlists What’s a trend in architecture you wish would die out What is one detail of a structure that most people wouldn't notice so I look into the consistency of the building from concept to detail.  What is the most progressive architectural city you’ve visited Seoul.  What is your last source of inspiration that surprised you? A five-hour-long meal at Noma Kyoto with a Mexican artist and a film director with lots of Japanese whiskey. It was an unexpected meeting of people, food, and place, which made for an inspiring conversation.  Sign up to our newsletter for the latest arts and culture updates Anne Arundel County announced our participation in a national cohort of communities dedicated to achieving the Certified Welcoming designation with Welcoming America Certified Welcoming is a formal designation for local governments that have created policies and programs reflecting their values and commitments to immigrant inclusion This assessment allows jurisdictions to improve and fortify local efforts to build community cohesion Through the county’s pursuit of a certified welcoming designation Anne Arundel County recommits itself to our shared goals of safe neighborhoods Anne Arundel County recognizes the importance of festivals and other celebrations that help foster a sense of belonging and learning opportunities for both residents and visitors Community-based festivals and events reflect the vibrant cultural tapestry of Anne Arundel County while also providing opportunities to create economic and other celebrations in the circumstances where economic and social benefits are provided for the community and the eligibility criteria in this policy are met Note: Application open: February 21, 2025. Deadline: March 31, 2025. Click here to access the Community Building Mini Grant form In partnership with county agencies and community organizations we host bi-monthly multicultural business roundtable meetings to bring government services and opportunities to our small-business owners in the county.  Anne Arundel County wants to hear from you and your community on what the county’s first Multicultural Center should include Please complete the survey and stay connected for additional updates.  The purpose of the unity collective is to connect community members across neighborhoods and cultures to facilitate community-building through the experience of sharing stories with others The virtual story circle serves to reveal historical memories and collective experiences as well as to bring together diverse communities that may have migration stories rooted in a myriad of people’s movement across time and space.  193,2 in Little Rock to Lonnie and Donna Middleton She was preceded in death by her parents; one son twenty-two grandchildren; thirty-five great-grandchildren and five great-great-grandchildren along with a host of other relatives and friends at the Qualls Batesville Funeral Service Chapel with Bro Burial will follow in the Pleasant Valley cemetery located in Cushman Arrangements by Qualls Batesville Funeral Service OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE Karri Alameri starts as the CEO of Oma Savings Bank Plc on 31 March 2025        On 30 September 2024 Oma Savings Bank Plc (OmaSp or Company) announced that the Company’s Board of Directors has appointed Karri Alameri CEFA as the new CEO of the Company and that he will take up his position no later than 1 April 2025 and Karri Alameri will start in his position on 31 March 2025 has served as the Company's interim CEO since 19 June 2024 and she will return to the position of Deputy CEO and CFO as of 31 March 2025 Chairman of the Board Jaakko Ossa"Together with the renewed Board of Directors and Karri Alameri we will continue to implement the Company's strategy towards the next phase Karri's merits in the financial sector and his strong leadership skills provide an excellent starting point for rebuilding trust I warmly welcome Karri to OmaSp and wish him success in his new demanding position." Distribution:Nasdaq Helsinki LtdMajor mediawww.omasp.fi Resolutions of Oma Savings Bank Plc’s Annual General Meeting Oma Savings Bank Plc’s Annual General Meeting (the AGM) was held today on 8 April 2025 The AGM confirmed the Company's Financial Statements and Consolidated Financial Statements for the 2024 financial year decided to support the Company's Remuneration Policy for governing bodies and approved the Remuneration Report for governing bodies through an advisory resolution The AGM granted discharge from liability to the members of the Company's Board of Directors and the interim CEO Sarianna Liiri the AGM did not grant discharge from liability to the Company’s CEO Pasi Sydänlammi who served as CEO until 19 June 2024.In addition Resolution on the use of the profit shown on balance sheet and the payment of dividendIn accordance with the Board's proposal the AGM decided to pay dividend of EUR 0.36 per share based on the balance sheet adopted for the financial year 2024 The dividend will be paid to a shareholder who is registered in the Company’s shareholder register maintained by Euroclear Finland Ltd on the record date 10 April 2025 The dividend will be paid on 17 April 2025 in accordance with the rules of Euroclear Finland Ltd Remuneration of the Board of DirectorsIn accordance with the proposal of the Shareholders’ Nomination Committee the AGM decided to pay the following annual remuneration to the members of the Board of Directors for the term ending at the AGM 2026: EUR 85,000 per year to the Chair EUR 60,000 per year to the Vice Chair and for other members EUR 40,000 per year The annual remuneration to the Chairs of the Board Committees are as follows: Chair of the Remuneration Committee EUR 6,000 Chair of the Risk Committee EUR 9 000 and Chair of the Audit Committee EUR 9,000 the meeting fees of EUR 1,000 for each Board and Committee meeting and EUR 500 for each email meeting will be paid Twenty-five (25) percent of the annual remuneration of the Board of Directors will be paid in the form of Oma Savings Bank Plc’s shares acquired from the market on behalf of the members of the Board of Directors The shares will be acquired at a price formed on the market in public trading following the publication of the interim report for the period 1 January to 31 March 2025 The Company is responsible for the costs of acquiring the shares and any transfer tax The rest of the annual fee is paid in cash to cover the taxes arising from the fee Oma Savings Bank Plc pays or reimburses travel expenses and other expenses related to board work to the members of the Board of Directors Number and election of the Board of DirectorsThe number of members of the Board of Directors was confirmed to be seven Kati Riikonen and Juha Volotinen were re-elected as Board members for a term ending at the end of the 2026 AGM Election and remuneration of the auditorKPMG Oy Ab was elected to continue as auditor for a term ending at the 2026 AGM APA Tuomas Ilveskoski will continue as responsible auditor The auditor is paid based on reasonable invoicing approved by the Company Election and remuneration of the sustainability reporting assurerKPMG Oy Ab was elected as the Company’s sustainability reporting assurer for the term ending upon the conclusion of the 2026 AGM ASA Tuomas Ilveskoski will act as the principally responsible sustainability reporting assurer The sustainability reporting assurer is paid based on reasonable invoicing approved by the Company Amendment of the Articles of AssociationIn accordance with the Board's proposal the AGM decided to amend the Company’s current Articles of Association as follows: Resolution on the revised charter of the Shareholders’ Nomination Committee   The AGM decided on the revisions to the Shareholders’ Nomination Committee Charter The Nomination Committee is to submit its proposals regarding the composition and remuneration of the Board of Directors to the Company’s Board no later than the end of the calendar month preceding the Board meeting that decides on convening the AGM the charter is amended to include a provision on the maximum continuous term of a Board member and statements applicable to credit institutions including the guidelines issued by the European Banking Authority (EBA) Certain technical revisions were also made The Shareholders’ Nomination Committee charter is available on the Company’s website at https://www.omasp.fi/en/investors/management-and-corporate-governance/nomination-committee Authorisation of the Board of Directors to resolve on a share issue the transfer of own shares and the issuance of special rights entitling to sharesThe AGM decided in accordance with the Board of Directors’ proposal to authorise the Board of Directors to resolve on the issuance of shares or transfer of the Company’s shares and the issuance of special rights entitling to shares referred to in Chapter 10 Shares and special rights can be issued or disposed of in one or more instalments either in return for payment or free of charge The total number of shares to be issued under the authorisation including shares acquired on the basis of special rights which corresponds to approximately 9 percent of the Company’s total number of shares on the day of the AGM as at the notice of the meeting The Board of Directors decides on all terms and conditions related to the issuance of shares The authorisation concerns both the issuance of new shares and the transfer of own shares A share issue and the issuance of special rights entitling to shares include the right to deviate from the pre-emptive right of shareholders if there is a weighty financial reason for the Company (special issue) A special share issue may be free of charge only if there is a particularly weighty financial reason from the point of view of the Company and in the interest of all its shareholders The authorisation is valid until the end of the next AGM The authorisation revokes previous authorisations given by the AGM to decide on a share issue as well as the option rights and the issuance of special rights entitling to shares Authorising the Board of Directors to decide on the repurchase of own sharesThe AGM decided in accordance with the Board of Directors’ proposal to authorise the Board of Directors to decide on the repurchase of the Company’s own shares with funds belonging to the Company’s free equity under the following conditions: Maximum number of 1,000,000 own shares may be repurchased representing approximately 3 percent of the Company’s total shares according to the situation on the date of the notice of the meeting in a manner that the number of own shares held by the Company does not exceed 10 percent of the Company’s total shares of the Company at any time This amount includes the own shares held by the Company itself and its subsidiaries within the meaning of Chapter 15 Section 11 (1) of the Finnish Companies Act The Board of Directors is authorised to decide how to acquire own shares Shares purchased by the Company may be held by it The Board of Directors decides on other matters related to the repurchasing of own shares The authorisation is valid until the closing of the next AGM The minutes of the Annual General MeetingThe minutes of the AGM will be available on the Company’s website latest 22 April 2025 DISTRIBUTION: Nasdaq Helsinki LtdMajor mediawww.omasp.fi Shop addresses a deeper void—one created by the gradual disappearance of spaces where Harlem’s commercial and communal spirit once thrived As we sit amongst customers and friends, while watching a bevy of women get shape ups and braids in the adjoining hair salon—which also serves as a DJ booth for live-streamed sets and Oma, Shop parties—Okpo remarks, “We should understand that beauty belongs to us. We should be comfortable understanding that we can walk into a space and say, ‘I belong here’ and not question it.” This is the essence of The Oma, Shop. It is a vibe you must feel to understand. Below we catch up the founder behind The Oma, Shop to discuss her style origins, the inspiration behind the space, and more. ESSENCE.com: The Oma, Shop feels like a new blueprint, as part wine bar, coffee shop, hairdresser, and small good store. Can you share how the inspiration for this space came to be? View this post on Instagram A post shared by The Oma,Shop I & II (Black.Black.Woman) (@the.oma.shop) View this post on Instagram A post shared by The Oma,Shop I & II (Black.Black.Woman) (@the.oma.shop) What has Harlem taught you about style?We’ve always been the pioneers of style Dapper Dan has a whole Gap collection and that’s because of the style that he shaped here in Harlem I feel like Harlem has been forgotten about in a sense in that we haven’t gotten the proper care and love we are deserving of as a community many of our OGs are not as present as they used to be Shop is a space that allows all of our people to gather and create something new that reflects the neighborhood’s vibrant style I’m curious how your background as a fashion designer and the co-founder of William Okpo has influenced your work and perspective with The Oma, Shop? View this post on Instagram A post shared by The Oma,Shop I & II (Black.Black.Woman) (@the.oma.shop) Can you share some of your favorite go to’s in Harlem The Edge and The Good Good When I’m there and I’m taken care of mentally I’ll hold them and we’ll manage a shop.” It’s these sort of encounters where I’m reminded what home feels like How do you see our community in the future owned and run by different community members working in different lanes My dream for Harlem is for us to remember that we are dynamic and that whatever “they’re” feeding us OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE Oma Savings Bank Plc: Resolutions of the organizing meeting of the Board of Directors  At the Annual General Meeting of Oma Savings Bank Plc on 8 April 2025 Kati Riikonen and Juha Volotinen were re-elected as members of the Board of Directors the organizing meeting of the Board elected Jaakko Ossa to continue as Chairman of the Board and Carl Petterson as Vice Chair The Board of Directors appointed three permanent committes: Risk Committee Audit Committee and Remuneration Committee The members of the Risk Committee are Irma Gillberg-Hjelt (Chair) Aki Jaskari and Juha Volotinen.The members of the Audit Committee are Carl Pettersson (Chair) Kati Riikonen and Irma Gillberg-Hjelt.The members of the Remuneration Committee are Juhana Brotherus (Chair) DISTRIBUTION: Nasdaq Helsinki LtdMajor mediawww.omasp.fi Oma Savings Bank Plc’s Chief Communications Officer Changes Chief Communications Officer of Oma Savings Bank (OmaSp or the Company) Minna Sillanpää will leave the Company as of 27 March 2025 MBA Pirjetta Soikkeli has been appointed as new Chief Communications Officer CEO Sarianna Liiri:“I would like to extend my sincere gratitude to Minna for her long and dedicated service to Oma Savings Bank Minna has made significant contributions to the development of the Company's communications Pirjetta Soikkeli joins Oma Savings Bank from the position of Senior Vice President Communications Marketing and Sustainability at Handelsbanken Finland she has held leadership positions in communications marketing and sustainability at Metsä Group the duties of the Chief Communications Officer will be handled through internal arrangements Additional information:Sarianna Liiri, interim CEO, tel. +358 40 835 6712, sarianna.liiri@omasp.fi DISTRIBUTION: Nasdaq Helsinki LtdMajor mediawww.omasp.fi STOCK EXCHANGE RELEASE 10 FEBRUARY 2025 AT 9.15 A.M Oma Savings Bank Plc’s Financial Statements Release 1 January – 31 December 2024: The year ended with a fourth quarter in line with expectations – comparable profit before taxes was strong for 2024 This release is a summary of Oma Savings Bank’s (OmaSp) January-December 2024 Financial Statements Release, which can be read from the pdf file attached to this stock exchange release and on the Company’s web pages www.omasp.fi CEO Sarianna Liiri: “The year 2024 has been very exceptional in the history of OmaSp Both main sources of income developed in line with expectations and the year ended with a good quarter Significant investments in the development of risk management processes and the implementation of an extensive action plan continued The acquisition of Handelsbanken AB's Finnish SME business and the expansion of the distribution network strengthened OmaSp's market position towards the end of the year and provide a good starting point for the year beginning The comparable profit before taxes was EUR 27.9 million for the fourth quarter and the comparable return on equity was 15.6 percent changes in market interest rates were reflected in the development of net interest income and in the last quarter net interest income fell by 11 percent from the comparison period The net interest income increased by 8 percent for the whole year Our customers value our personal and easily accessible service model This is reflected in the development of the number of customers which remained despite an exceptional year at a good level OmaSp gained approximately 10,000 new customers in the autumn approximately 1,000 new customer relationships were organically created every month fee and commission income and expenses net were increased by card and payment fees which increased by 16 percent from the previous year Fee and commission income and expenses net increased by 8 percent in the last quarter and by 7 percent for the full year the business focus has been especially on the reception of customers who have transferred from Handelsbanken and the start of operations in three new branches With the expanded distribution network OmaSp now has excellent coverage in all of Finland's key growth and provincial centers OmaSp's loan portfolio and deposit base were boosted by volumes transferred from Handelsbanken The portfolio of housing loans grew by 5 percent corporate loan portfolio by 8 percent and deposits by 6 percent from a year ago Accumulation of impairment losses on financial assets was significantly affected by non-compliance with the guidelines and related additional allowances credit losses amounted to approximately EUR 84 million of which approximately EUR 64 million were related to non-compliance with the guidelines the credit loss level remained at last year's level The Company has continued to make significant investments in risk management and the implementation of the action plan launched in the summer the cost level remained high in the last quarter of the year An additional EUR 5.4 million was invested in risk management processes in October–December and comparable costs increased by 44 percent during the fourth quarter Expenses were also increased by the increased number of personnel the Financial Supervisory Authority (FIN-FSA) carried out audits of the Company the observations raised by the supervisor and the development targets already identified by the Company itself support each other The measures to develop the processes are proceeding well on schedule and the goal is to complete the development measures planned during 2024 in the first half of 2025 The comparable cost/income ratio remains at a good level despite significant investments and was 47.7 percent in the last quarter Customer and personnel satisfaction at the center of everything OmaSp's competitive advantage has been and will continue to be built on excellent customer experience customer and personnel satisfaction have remained at an excellent level as in previous years Our personnel are our most essential resource so committed and motivated personnel play a vitally important role for OmaSp's future success The renewed board of the Company started its work in December and we have got five experienced board experts to strengthen the bank's operations will start his work in April at the latest and the Company's solvency and liquidity position is at a good level The total capital (TC) ratio was 15.6 percent at the end of the year and the accumulation of equity is nearly EUR 580 million we will now be able to focus on our core business and strengthen the customer experience of our existing and new customers OmaSp's ambition is to enable and solve the needs of households and small and medium-sized enterprises in all areas of the bank's operations the history of OmaSp stretches back 150 years and especially to OmaSp's personnel for 2024!” January-December 2024• Oma Savings Bank Plc’s Extraordinary General Meeting was held on 10 December 2024 The Extraordinary General Meeting confirmed on the remuneration number and composition of the members of the Board of Directors The number of members of the Board of Directors was confirmed to be eight Jaakko Ossa and Jaana Sandström were re-elected as Board members and Juhana Brotherus Kati Riikonen and Juha Volotinen were elected as new members • The Company’s Board of Directors appointed Karri Alameri CEFA as the Company’s new CEO on 30 September 2024 Alameri will start his position no later than 1 April 2025 the Company completed the acquisition of Svenska Handelsbanken AB’s SME business in Finland as planned The deposit portfolio transferred to the Company was approximately EUR 440 million and the loan portfolio approximately EUR 500 million A goodwill of EUR 15.3 million was recognised from the acquisition Approximately 10,000 customers transferred to the Company in the acquisition and at the same time 30 people transferred to the Company as old employees.• During the second quarter the Company launched an extensive risk management action plan (the "Noste") which has been implemented according to plan net interest income grew 8.1% compared with the same period last year Net interest income totalled EUR 213.1 (197.0) million net interest income decreased by 10.5% compared to the comparison period.• Home mortgage portfolio increased by 5.0% during the previous 12 months Corporate loan portfolio increased by 8.0% during the previous 12 months.• Deposit base increased by 5.5% over the past 12 months fee and commission income and expenses (net) increased due to volume growth by 7.0% fee and commission income and expenses (net) increased by 7.5% compared to the comparison period.• In January–December total operating income grew by 9.3% compared to the comparison period comparable total operating income remained at the same level compared to the last quarter and was EUR 68.2 (69.4) million.• In January-December total operating expenses grew in total by 22.6% The growth is mainly explained by expenses arising from business arrangements as well as from extensive risk management development projects and investigation costs related to non-compliance with the guidelines the number of personnel increased during the year due to the business arrangements the opening of new branches and the strengthening of risk management processes Other operating expenses were in total EUR 69.3 (52.5) million of which the development costs of the risk management action plan and investigation costs related to non-compliance with the guidelines amounted to EUR 11.8 million.• Comparable total operating expenses grew by 44.0% in the last quarter and were EUR 32.4 (22.5) million Of this the risk management action plan (the ”Noste”) amounted to EUR 5.4 million.• For January-December the impairment losses on financial assets were in total EUR -83.4 (-17.1) million A total of EUR 64.4 million in impairment losses on financial assets were recorded in relation to non-compliance with the guidelines of which EUR 4.9 million was final impairment losses on financial assets Impairment losses on financial assets amounted to EUR 7.6 (7.3) million in the last quarter.• For January-December profit before taxes was EUR 74.6 (138.0) million profit before taxes was EUR 22.6 (35.5) million comparable profit before taxes was EUR 86.7 (143.6) million comparable profit before taxes was EUR 27.9 (38.8) million.• In January-December comparable cost/income ratio was 37.8 (35.1)% comparable cost/income ratio was 47.7 (32.8)%.• In January-December comparable return on equity (ROE) was 12.4 (25.3)% comparable return on equity (ROE) was 15.6 (23.5)%.• Total capital (TC) ratio was 15.6 (16.5)% Outlook for the financial year 2025:The Company's business outlook for the financial year 2025 will be affected by lower market interest rates and the continued high cost level due to IT investments and system improvements required by risk management and quality processes We estimate the Group's comparable profit before taxes to be EUR 65-80 million for the financial year 2025 (comparable profit before taxes was EUR 86.7 million in the financial year 2024) Board of Directors’ proposal for the distribution of profit to AGMThe Board of Directors proposes to the Annual General Meeting a dividend in accordance with the dividend policy The proposal for the distribution of profit aims to increase capital buffers and maintain strong liquidity on the basis of the Financial Statements to be adopted for 2024 a dividend of EUR 0.36 be paid from the Parent Company's distributable profits for each share entitled to a dividend for 2024 The proposed record date for dividends would be 10 April 2025 and the payment date 17 April 2025 No material changes have taken place in the Company's financial position after the financial year and the proposed profit distribution does not compromise the Company’s liquidity according to the Board of Directors’ insight General Meeting The Annual General Meeting is scheduled to be held on 8 April 2024 The Company's Board of Directors will convene the Annual General Meeting separately at a later date DISTRIBUTIONNasdaq Helsinki LtdMajor mediawww.omasp.fi WADENA — Martin Schmidlin said he couldn’t help but shed a few tears when he and his wife Annette finally became U.S The Schmidlins of Oma’s Bakery and Restaurant in downtown Wadena immigrated from Germany to Minnesota and were sworn in as U.S “My daughter moved here over 20 years ago,” he said of Oma’s head baker and manager had five children … so to be closer to the family — that's the reason why we are here.” Strom was a foreign exchange student who eventually settled in Bertha and his family immigrated to Minnesota in 2021 and began working as the chef in the family-owned bistro with European-style pastries and bread in Wadena not too difficult,” Schmidlin the senior said About 45% of Minnesotans said they had ancestors from either Norway Denmark or Sweden compared to 55% who said they had ancestors from Germany But it was not a dream of Schmidlin’s growing up to one day live in the U.S “Growing up in the southwest corner of Germany … about 17 miles to Switzerland and 3 miles to France … it's exactly the same high-level standard Schmidlin and his wife now have dual citizenship “Just six months ago they allowed now dual citizenship You have to stay at least five years on a green card,” he said of the identity card attesting to the permanent resident status of an alien in the United States It means you have to pay always your taxes — you never pay late — taxes The family patriarch and spokesman said he appreciates the small towns and open spaces of Minnesota the land of 10,000 lakes and those were also reasons he and his wife studied hard and passed the reading writing and American history test involved in becoming a U.S you should know the history of the country You should know why we celebrate Independence Day,” Schmidlin said The 57-year-old said he feels proud to be a U.S citizen and hopes it doesn’t change him too much and that people will still appreciate him for who he is and where he came from Schmidlin recalled of the moment he was officially declared a U.S citizen: “I got a couple of tears in my eyes and it was an overwhelming feeling to be now a U.S Located near the Fifth Avenue and 57th Street corner, the Louis Vuitton store occupies a landmark Art Deco building known for its large arched windows The facade showcases a carousel-themed holiday design with a ground-level exhibit highlighting moving carousel animals beneath a towering arched transom window This is framed by a grand giraffe and ostrich all set against a glittering backdrop of lights shaped like monogram flowers The store’s interior introduces visitors to a grand atrium. Designed in collaboration with designer Shohei Shigematsu of architecture studio OMA, this installation brings the French brand’s trunk-making heritage to life in the form of towering sculptures Each of the four towers rises sixteen meters Iconic Courrier Lozine 90 trunks are stacked and aligned to form twisting Materials like Monogram canvas and metallic finishes bring out Louis Vuitton’s iconic designs The atrium offers more than just towering trunks; a 16-meter-high wall made of mirrored Louis Vuitton bags creates a sculptural architectural feature built from rows of alternating Keepall and Speedy bags adds rhythm and movement to the store’s design oversized murals display the patterns of Yayoi Kusama and Takashi Murakami nodding to the brand’s collaborations and its ongoing reinterpretation of classic motifs interiors include repurposed furniture and locally sourced artwork each section opens up into the central atrium Louis Vuitton’s commitment to sustainability is visible in the store’s design choices Furniture from the previous location has been repurposed here while newly curated pieces include collectible vintage and modern designs from noted creators like Carlo Mollino and Charlotte Perriand The store’s layout dedicates each floor to specific Louis Vuitton categories The first floor features an extensive selection of leather goods The second floor presents the women’s collection while the third floor is dedicated to the men’s line The fifth floor offers private lounges and showcases the Art de la Table and Objets Nomades collections This floor also includes an exclusive “secret room,” where high jewelry and timepieces are displayed in a loft-inspired setting the store’s fourth floor includes Le Café Louis Vuitton a café and library with books curated by Ian Luna visitors encounter Le Café Louis Vuitton the café features wall-to-wall books curated by editor Ian Luna with a focus on New York artists and themes including selections from Louis Vuitton Editions Louis Vuitton brings the culinary expertise of French chefs Arnaud Donckele and Maxime Frédéric to New York in a way that is refined but approachable Collaborating with local chefs Christophe Bellanca and Mary George the café offers an inventive menu of luxury snacks from truffle raviolis embossed with the flower Monogram to Damier-patterned tartlets This concept will bring a casual yet sophisticated dining experience with French and New York influences a grand atrium hosts a unique installation of sixteen-meter-high trunk towers each floor is dedicated to a specific category Le Chocolat Maxime Frédéric debuts its first U.S offering signature chocolates crafted by Frédéric’s team in Paris From classic chocolate bars to playful creations like the Vivienne on a Malle this chocolate line incorporates premium ingredients sourced from France Each piece celebrates Louis Vuitton’s meticulous attention to detail and high standards in quality and flavor Louis Vuitton introduces a capsule collection inspired by New York City’s iconic style Highlights include the Neverfull Inside Out in a taxi-yellow color The men’s collection features pieces inspired by the city’s license plates bringing in a nod to Louis Vuitton’s heritage with the playful phrase a wall of mirrored Louis Vuitton bags adds rhythm and movement to the store’s architecture renowned chefs Arnaud Donckele and Maxime Frédéric collaborate with local chefs the store debuts Le Chocolat Maxime Frédéric in the U.S. project title: Louis Vuitton 57th Street STOCK EXCHANGE RELEASE 2.4.2025 AT 11:30 A.M Change in the holding of Oma Savings Bank Plc's own shares March 2025 a total of 372 shares in Oma Savings Bank Plc (OmaSp or Company) have been returned free of consideration to OmaSp according to the terms and conditions of the share-based incentive scheme 2022-2023 OmaSp now holds a total of 137 019 own shares in treasury DISTRIBUTION: Nasdaq Helsinki LtdMajor mediawww.omasp.fi forms a key component of a larger Museo Egizio revitalization scheduled for completion in 2025 This larger project also includes a new covered courtyard and interconnected public spaces The Gallery of the Kings in Museo Egizio . Image © Marco Cappelletti, courtesy of OMA and Andrea Tabocchini ArchitectureThe gallery's design integrates both daylight and artificial lighting illuminating the monumental statuary within its newly uncovered architectural setting Original 17th-century architectural features allowing natural light to bathe the statues reminiscent of their original context at Karnak reflective aluminum walls enhance the ethereal atmosphere while providing informative displays about the statues' history Related Article Architectural Grafting: A Strategy for Sustainable Design The Gallery of the Kings in Museo Egizio . Image © Marco Cappelletti, courtesy of OMA and Andrea Tabocchini Architecture From the outset, we all saw this project not just as an opportunity to redesign a unique exhibition space. Culture must honor the past while remaining alive, evolving, being relevant in the present, and inspiring the future. - Andrea Tabocchini, Architect and Founder of Andrea Tabocchini Architecture Just as New York City is beginning to roll out its holiday splendor, a hard-to-overlook destination on 57th Street’s luxury shopping thoroughfare beckons with a dynamic installation that only hints at the magical atmosphere within. Now open, Louis Vuitton’s newest location designed by world-renowned architecture firm OMA represents the maison’s largest location in the United States and houses the first branded café and chocolate shop in the country guide the eye up to take in the space’s five floors with architectural accents that nod to the Manhattan skyline Each of the elevator niches celebrate one of Louis Vuitton’s innovative collaborations. Bags crafted in conjunction with Richard Prince, Yayoi Kusama and Stephen Sprouse are presented as artworks in museum-like illuminated plinths against an oversize matching background Other alcoves glow with gleaming metallic rows of Keepall and Speedy bags An assortment of pieces exclusive to the location punctuate the first two floors including the newly launched Neverfull Inside Out in taxi yellow the Capucines paneled with the city’s skyscrapers Collectible figurine Vivienne here is presented in a “New York State of mind” design on small leather goods Womenswear and menswear populate the first two floors with a monogram spot open for personalization However, what will surely make the 57th Street location an irresistible draw is the multitude of culinary offerings available for the first time in the U.S. On the fourth floor, Le Café Louis Vuitton will serve upscale small plates conceived by French chefs Arnaud Donckele and Maxime Frédéric and executed by rising stars Christophe Bellanca and Mary George throughout the day in a cozy library-like lounge space with table seating for 70 Guests can sample an array of mouthwatering morsels like lobster or truffle ravioli embossed with the flower Monogram Croque sandwiches first served in Louis Vuitton’s Paris location A playful installation of Louis Vuitton luggage tags animates the ceiling while an expansive wall of more than 600 volumes Le Chocolat Maxime Frédéric at Louis Vuitton makes its Stateside debut after locations in Paris and other treats are crafted using the finest ingredients from around the world while familiar Louis Vuitton emblems are rendered in confectionery perfection it even pirouettes when the chocolate key is turned The by-appointment-only fifth floor houses Louis Vuitton’s Objets Nomades and Art de la Table as well as incredible pieces of haute couture and high jewelry Several sumptuous private shopping salons prepare to welcome esteemed visitors and glorious pieces of collectible design by Carlo Mollino and Pierre Augustin Rose coupled with artworks by American talents like Todd Eberle this latest Louis Vuitton destination sets a new benchmark for luxury shopping on one of the world’s most famous streets its unique design and impeccable offerings will lure everyone from collectors to the curious throughout the holiday season and beyond until the Louis Vuitton flagship on the corner of 57th Street and Fifth Avenue re-emerges from under the 16-story façade rendered to look like a towering stack of trunks in Trianon Grey canvas © 2023 Hudson One Media, LLC. All rights reserved. Privacy Policy The proposal expands the current football park and turns it into a driving force for stronger links between various neighborhoods in the city the stadium is reimagined by OMA as a central element in a broader urban plan connecting the Blloku and Komuna e Parisit districts The multi-layered composition of this mixed-use development—comprising new buildings and generous public areas—draws inspiration from Albania’s mountainous terrain OMA Managing Partner – Architect David Gianotten said: “Football is a cornerstone of urban culture and national identity across Europe and around the world and we feel it especially intensely here in Tirana Our design is meant to accelerate the exciting changes taking place in the city while fostering closer bonds within and between neighborhoods and communities here.” and a mix of new uses such as apartments of varying sizes The stadium’s seating capacity increases from 9,500 to 15,000 and a newly designed arena bowl offers unobstructed views and brings spectators closer to the field defines a series of flexible open spaces suited for both match days and daily life The triangular plaza serves as a fan zone or a venue for spontaneous gatherings The architectural language of the block is informed by the Stadium of Amantia adapting the ancient Illyrian structure from the third century BCE to a modern urban context the original stadium was marked by stacked stone construction and a pitch carved from mountainous terrain the buildings are clad in natural stone and arranged to form peaks and terraced landscapes OMA - Office for Metropolitan Architecture Fengmiao I, a 495 MW offshore wind farm, has reached a financial close and PEAK Wind has entered into an Operations Management Agreement (OMA) to oversee its operations. Credit: PEAK Wind Fengmiao I, a 495 MW offshore wind farm, has reached a financial close. The project is owned by Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure V (CI V). PEAK Wind has entered into an Operations Management Agreement (OMA) to oversee the operations of Fengmiao I, ensuring its efficient and reliable performance as the project progresses. The OMA will provide operational management continuing to build up a strong Taiwan Operations setup–all with a focus on ensuring the efficient and reliable operations of Fengmiao I for all stakeholders. Fengmiao I offshore wind farm is located approximately 35 km off the coast of Taichung, central Taiwan. It is the first offshore wind project in Taiwan to be supported by corporate offtakers and will deliver clean energy to large energy users across the country, contributing significantly to Taiwan’s renewable energy goals. Fengmiao I is CIP’s third offshore wind project in Taiwan, following the successful construction of Changfang & Xidao and Zhongneng. Construction is scheduled to be completed by the end of 2027. The wind farm will consist of 33 turbines, each boasting a capacity of 15 MW, and will be supported by an offshore substation to ensure efficient operations. Fengmiao I (FM1) is the latest addition to PEAK Wind’s growing global portfolio, making PEAK Wind one of the largest independent offshore wind farm operators globally and the largest independent outside Europe and China. PEAK Wind’s total wind farm portfolio under management now accumulates to 2.6 GW, including 1,395 MW in Taiwan, along with 700 MW in North America and 500 MW in Europe. Incat Hull 096 – the world’s largest battery-electric ship – has been officially launched in Tasmania, Australia.Built for… On April 30, Senator Mark Kelly (D-AZ), together with several original co-sponsors, reintroduced the SHIPS for America Act in the U.S. Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts… Louis Dreyfus Armateurs, a 170-year-old French family-owned company operating across a broad swath of maritime and offshore energy… YACHT SIGNSAt Yacht Signs, we excel in creating stunning illuminated yacht names and logos, durable stainless steel yacht lettering, and cutting-edge LED and fiber optic solutions. Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week Text description provided by the architects. The 2025 Islamic Arts Biennale displays over 500 historical objects and 30 contemporary art commissions—more than double the content of the inaugural edition. Spread across five galleries, two pavilions, and the outdoor spaces under SOM's Hajj Terminal canopy, the exhibition is divided into three indoor areas—AlBidayah (The Beginning), AlMadar (The Orbit), and Almuqtani (Homage)—and the outdoor Almidhallah (The Canopy). OMA's scenography unifies the exhibition through an environment of abstract forms that reinterprets archetypal architectural elements. The material palette is deliberately restrained: white fabric of various types is used throughout, with perceived color differences achieved through subtle variations in lighting. To create contrast, the frames of the vitrines are painted black, which echoes the color of many artworks and artifacts. Extensive plantations have been added to our 2023 landscape intervention they occupy a square of nine canopy bays in the center of the outdoor space which creates a more compact and intimate journey through the exhibition