Form 144 APTARGROUP For: 20 February

Former President Donald Trump announced a 10% global tariff on February 20, 2026, in Washington D.C., following the Supreme Court's decision to strike down his previous sweeping tariff measures. This new tariff represents a significant shift in trade policy coming just after the Court limited presidential authority on trade matters. The Supreme Court's ruling, which was a setback for Trump's aggressive trade approach, had initially caused market uncertainty with the S&P 500 experiencing a two-week losing streak. However, markets reacted positively to the new, more moderate tariff announcement, with stocks ending higher across major indices. The decision appears to represent a recalibration of Trump's trade strategy, moving from broad, sweeping tariffs to a more targeted approach with a uniform 10% levy across all imports. Financial markets showed varied responses to the tariff news, with precious metals particularly benefiting. Gold prices rose and silver jumped significantly, driven partly by disappointing economic data that suggested potential economic weakness, making the metals more attractive as safe-haven assets. Meanwhile, financial analysts at Raymond James issued a warning about potential military tensions, stating that a U.S. military operation in Iran 'likely at this stage,' adding another layer of geopolitical uncertainty to the market environment.