December 2025 Internal Newsletter

What an incredible transformation 2025 has been! I am truly proud of what we have accomplished together. This year was a testament to our resilience, innovation, and collaboration.​ We delivered 3 major releases and 5 minor releases, including: PoD on 300 Series, SourcePacT, IEC Edition 3.0, One-Way Bypass Switch​ We made strategic decisions on low-volume product lines like PTLC, piloted a circular economy initiative to reinforce our sustainability commitment, and pivoted our strategy to ensure our offers—current and future—are positioned for success.​ One of our biggest points of pride: Quantum is now open to order, and we are on track for its February 2026 launch. This is a huge mile stone for us!​ Beyond product launches, we strengthened our Customer Advisory Board and advanced our Codes and Standards strategy, which will remain critical partnerships as we move forward.​ This year also brought valuable lessons. Projects like Borg (exe cution) and SourcePacT (launch) taught us what works and what doesn’t. Let’s share these learnings and use them to become even stronger in 2026.​ As we build on the strong foundation of 2025, 2026 will bring new challenges and opportunities. Let’s focus on delivering our commit ments while exploring ways to drive bottom-line cost benefits and create even more value for our customers.​

Happy Holidays and thank you for making 2025 a year to remember!

Kapila Mehta