Dear Business Partners,

Herewith we would like to inform you about the effects of the coronavirus on our production company in Tianjin in northeast China.

We are following the recommendations and guidelines of the Chinese public authorities to contain the coronavirus and have taken appropriate measures. Our plant in Tianjin, which is located 1200 kilometers from the metropolis of Wuhan, has written permission to resume work with some of the production staff after successful inspection by the local authorities. The plan is to have almost 100 percent of the workforce back in action within the next two weeks.

We are taking appropriate precautions to minimize the risk of the virus spreading to our employees.

Currently, the spread of the coronavirus has only had a low impact on our business activities. At present, goods are still arriving by sea and we are still able to compensate production losses by switching freight routes from sea freight to air freight. Furthermore, we are in communication with all partners in our supply chain to keep informed about possible effects at an early stage and to be able to react. At present, we do not see any serious effects beyond very less individual cases here.

We are closely monitoring the current situation and will keep you informed of developments should there be any impact on our ability to supply.