Information concerning Asian and European activities - update March 6

All employees at our HQ in Ningbo, China have now returned to work after the extended holiday period related to Chinese New Year. A support team of key employees from all departments continues to work proactively on production planning and constant customer dialogue. Hoyer Ningbo is close to normal operations and the affects by the outbreak are currently limited.

All Hoyer production sites have returned and the production is running on full capacity. Domestic travelling and transportation is still challenged but a positive development is seen in regard to freight of goods in and out of China. The Ningbo support team is monitoring this development closely.

The exact impact by above is constantly being assessed and analysed to define the risk of delays. In case of potential delays the customers affected will be contacted immediately. Until further notice we will deliver on time as always which is further supported by our extensive stock facilities in Europe and Asia. Furthermore, our European production facilities remain unaffected.

As the situation is developing day by day and new countries continue to be affected by the outbreak we will keep monitoring all available information and communicate with our business partners accordingly.

We hope for your understanding as our thoughts go to all affected by the outbreak.

If you have further questions please contact your key Hoyer contact or hoyermotors@hoyermotors.com