Planet Partners with the UAE Space Agency to Build Satellite Data-driven Loss and Damage Atlas for Climate Resilience - Seite 2

This project was conceived in response to several COP27 (the 2022 United Nations Climate Change Conference) initiatives, including the decision to accelerate the implementation of the Warsaw International Mechanism for Loss and Damage where developed nations have been urged to extend financial aid, technology, and expertise to developing countries to tackle the loss and damage resulting from climate change. Additionally, the atlas’s objectives align with the World Meteorological Organization’s Early Warning Systems for All initiative, aiming to enhance the availability and accessibility of early warning systems for hazards such as extreme weather, water, and climate-related events in climate-vulnerable countries.

Forward-looking Statements

Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the Company’s ability to capture market opportunity and realize any of the potential benefits from current or future product enhancements, new products, or strategic partnerships and customer collaborations. Forward-looking statements are based on the Company’s management’s beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future events and results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to the risk factors and other disclosures about the Company and its business included in the Company's periodic reports, proxy statements, and other disclosure materials filed from time to time with the Securities and Exchange Commission (SEC) which are available online at www.sec.gov, and on the Company's website at www.planet.com. All forward-looking statements reflect the Company’s beliefs and assumptions only as of the date such statements are made. The Company undertakes no obligation to update forward-looking statements to reflect future events or circumstances.