18.6% sales growth and higher gross profit margin Net income from continuing operations of $17.8 million, consolidated net income including closing of the transactions of $77.2 million Strong financial position with available cash on hand of $59.1 million, highest in five years Significant increase in quarterly dividend payment to CA$0.10 per common share MONTREAL, July 10, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) ('Velan” or the 'Company”), a world-leading manufacturer of industrial valves, announced today financial results for its first quarter ended May 31, 2025. All amounts are expressed in U.S. dollars unless indicated otherwise.