Gates Industrial to redomicile parent holding company to Bermuda under scheme of arrangement

• Gates Industrial secured court clearance for a reorganization that will shift the group’s parent company to Bermuda via a redomiciliation.
• The scheme is set to take effect July 20, 2026.
• Old Gates ordinary shares will be cancelled; holders at 5 p.m. ET July 17 will receive an equal number of New Gates common shares.
• Old Gates is expected to trade last on the NYSE on July 17; New Gates is set to start trading July 20 under ticker GTES.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gates Corporation plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-048464), on July 16, 2026, and is solely responsible for the information contained therein.