SIS

• Today’s release of the threat assessment by the New Zealand Security Intelligence Service (SIS) is the final piece in a defence and security puzzle that marks a genuine shift towards more open and public discussion of these crucial policy areas.
• Together with July’s strategic foreign policy assessment from the Ministry of Foreign Affairs, and the national security strategy released last week, it rounds out the picture of New Zealand’s place in a fast-evolving geopolitical landscape.

Low threat of violent extremism

• If there is good news in the SIS assessment, it is that the threat of violent extremism is still considered “low”.
• That means no change since the threat level was reassessed last year, with a terror attack considered “possible” rather than “probable”.
• It’s a welcome development since the threat level was lifted to “high” in the
  immediate aftermath of the Christchurch terror attack in 2019.

Changing patterns of extremism

• But right now, at least publicly, the SIS is not aware of any specific or credible attack planning.
• And there are those motivated by identity (with white supremacist extremism the dominant strand) or faith (such as support for Islamic State, a decreasing and “very small number”).

Espionage and cyber-security risks

• There also seems to be a revival of the espionage and spying cultures last seen during the Cold War.
• There is already the first military case of espionage before the courts, and the SIS is aware of individuals on the margins of government being cultivated and offered financial and other incentives to provide sensitive information.
• The SIS says espionage operations by foreign intelligence agencies against New Zealand, both at home and abroad, are persistent, opportunistic and increasingly wide ranging.

Russia, Iran and China

• The SIS identifies Russia, Iran and China as the three offenders.
• We see these activities carried out by groups and individuals linked to the intelligence arm of the People’s Republic of China.
• We see these activities carried out by groups and individuals linked to the intelligence arm of the People’s Republic of China.

• In the second quarter of 2023, the Company’s net income increased to $22m, transitioning from a $1m loss last year.
• In the second quarter of 2023, the Company’s Adjusted EBITDA grew by 58% to $42m compared to $26m for the same period in 2022.
• The Company delivered significant progress on its large U.S. portfolio during the second quarter of 2023.
• In the second quarter, Genesis Wind, the largest renewable energy project in Israel, totaling 207 MWwas connectedto the grid.

• The global factory automation market was valued at USD 242.5 Billion in 2021 and is projected to reach USD 558.8 Billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.
• Major factors driving the growth of the Factory Automation Market:
  With few alterations to the market structure, factory automation has developed gradually.
• Over the course of the projection period, it is predicted that the factory automation market will grow significantly as a result of the increased need for automation for reliable and high-quality production.
• Furthermore, from 2022 to 2031, the Middle East is predicted to rise at a fast CAGR of 9.79%.

• Mirion ("we" or the "company") (NYSE: MIR), a global provider of radiation detection, measurement, analysis and monitoring solutions to the medical, nuclear, defense, and research end markets, today announced results for the second quarter ended June 30, 2023.
• “We posted strong second quarter results, headlined by our fourth consecutive quarter of backlog expansion and solid revenue growth in both reporting segments,” stated Thomas Logan, Mirion’s Chief Executive Officer.
• The guidance for organic revenue growth excludes the impact of foreign exchange rates as well as mergers, acquisitions and divestitures.
• An archived replay of the call and an accompanying presentation will also be available on the Investors section of the Mirion website at https://ir.mirion.com/ .