November 14, 2024 – West Des Moines, IA – JSW Venture Holdings LLC announces its strategic business evaluations as the company faces an unprecedented period of challenges and change with potential effects on various strategic business expectations and planning.

JSW Venture Holdings will initiate a long term business evaluation plan which will include various immediate steps to mitigate potential long term effects on business operations. This process will include a long term business evaluation of various operational and cost activities across the business and may include a cost reduction program to reduce core business expenditure during a set period of time.

Our company will take an immediate action with respect to our core business operations, financial commitments in the immediate short term, and take immediate action to prepare for potential outcomes from decisions in the matter of our ongoing business evaluation. This will see the eventual domestication of JSW Venture Holdings LLC into a new home operating territory to be determined and announced at a later point in time. This decision comes as we’re looking at unprecedented changes in the environment in which our organization operates today, with a core focus on our overall future plans as we continue to process our business evaluation and take any, and all necessary next steps towards achieving any next steps and milestones in our companies plans.

We are evaluating our existing financial commitments with multi-year agreements to determine possible agreements that would align with our minimum expectations and challenge goals as part of our ongoing business evaluation. We remain committed to our partners, suppliers and financial interest as we make critical decisions regarding operations of our business. At this time we have continued and maintain our existing commitments and negotiations with such will occur in due course as determined by the overall projected necessity of our business evaluation.

JSW Venture Holdings will work to continue to drive in our core operational focus areas, leveraging existing solutions, resources and platforms for our core business. We will leverage our core focus as part of our ongoing business evaluation to drive any potential outcomes and make future projections in accordance with our operations. These areas remain unaffected by our business evaluation and remain a key component of our ongoing processes, as such these areas will continue to remain a core component and key concentration for our business.

We will provide updates on this process as we determine necessary and make any changes that would have a core effect to the future of our business operations available via our website and public announcement.

JSW Venture Holdings LLC

Media Relations

inquires@jswventureholdings.com

5550 Wild Rose Ln, Suite 400

West Des Moines, IA 50266