BERKSHIRE HATHAWAY - BRK.B STOCK NEWS

Berkshire Hathaway's 2022 Annual Report will be available online on February 25, 2023, at around 8:00 a.m. ET. Shareholders can access it via www.berkshirehathaway.com. The report will feature Warren Buffett's letter to shareholders and detailed financial insights, alongside an earnings release. Additionally, the report will provide information on the upcoming Shareholders Meeting, scheduled for May 6, 2023. Berkshire Hathaway operates across various sectors, including insurance, utilities, and manufacturing, with stock traded under symbols BRK.A and BRK.B.

Mouser Electronics, a subsidiary of Berkshire Hathaway, is sponsoring Engineers Week at the Fort Worth Museum of Science and History from February 22 to 26. This annual event aims to enhance public awareness of engineering through engaging activities and challenges. The theme for this year is "Creating the Future," where Mouser will demonstrate innovative technologies and provide educational resources to aspiring engineers. Mouser has supported Engineers Week for over a decade, reflecting its commitment to nurturing future innovators and enhancing community engagement.

The Lubrizol Corporation has announced a new executive leadership team aimed at enhancing innovation and driving future growth. The team includes seasoned leaders, such as Julie Edgar as Chief Technology Officer and Jose Gonzalez-Magaz as Chief Legal Officer, effective March 1, 2023. President and CEO Rebecca Liebert emphasized the integration of historical innovation with fresh leadership to propel the company forward as it seeks to address complex challenges across various industries. Lubrizol continues to operate over 100 facilities globally, employing more than 8,000 individuals.

Mouser Electronics announces its sponsorship of the Vasser Sullivan Lexus Racing team for the 2023 IMSA WeatherTech SportsCar Championship. The collaboration extends a decade-long partnership and includes support for the No. 14 and No. 12 Lexus RC F GT3 entries, with the season beginning January 20-22, 2023. Mouser’s involvement aims to promote its high-performance business model and cutting-edge technologies. The Vasser Sullivan Lexus team previously achieved significant success, including a first-place finish at the 2022 Motul Petit Le Mans.

AM Best has upgraded the Financial Strength Rating (FSR) of Transatlantic Reinsurance Company and its subsidiaries to A++ (Superior) from A+, and the Long-Term Issuer Credit Ratings (ICR) to aa+ (Superior) from aa-. Similar upgrades were applied to Alleghany Corporation, RSUI Indemnity Company, and CapSpecialty Insurance Group. These upgrades follow Berkshire Hathaway's acquisition of Alleghany in October 2022, reflecting strong balance sheets and operating performance, supported by Berkshire's significant resources. All ratings carry a stable outlook.

McLane Company has reached a milestone of $100 million in donations to Children's Miracle Network Hospitals since 1987. This funding supports critical healthcare services for 10 million children annually across the U.S. and Canada. Local grassroots efforts from over 75 distribution centers have contributed significantly, with notable fundraising events boosting donations. CEO Tony Frankenberger emphasized the team's pride in giving back, while CMN Hospitals' CEO Teri Nestel praised McLane's long-standing commitment to improving children's health.

Berkshire Hathaway has elected Thomas S. Murphy, Jr. to its Board of Directors. Murphy co-founded Crestview Partners, a private equity firm, in 2004, and previously served as a Partner at Goldman, Sachs & Co.. He is also involved with the boards of New York University and NYU Langone Health. This move is expected to bring valuable experience to Berkshire, which engages in diverse business activities including insurance, energy, and manufacturing.

Mouser Electronics announces sponsorship of the newly formed DS PENSKE Formula E team for the 2022-23 ABB FIA Formula E World Championship. The team features drivers Stoffel Vandoorne and Jean-Eric Vergne, aiming to build on previous successes. The DS E-TENSE FE23 car boasts improvements, including a top speed of 280 kph, a lighter design, and enhanced efficiency through energy regeneration. Mouser continues its commitment to promoting sustainable automotive technologies and innovation through these racing partnerships.