Statement on Impact of Covid-19

As the entire world focuses on the COVID-19 outbreak, the business world continues to assess the impact. I wanted to provide some information about how SNA Displays is affected, but more importantly how we — like so many companies around the globe — have taken measures to protect our employees, clients, vendors, and partners in this challenging time.

Last week, we began requiring employees from our New York and Los Angeles offices to work remotely. We also asked that all employees who typically use public transportation or travel through crowded spaces to get to work begin working from home immediately. We provided each of our employees a supplemental package to help them prepare for the social-distancing steps all citizens should be taking in order to slow down the spread of the novel coronavirus.

However, I want to express to our clients that we remain open for business and dedicated to existing orders and upcoming opportunities. While we incurred minor delays at our manufacturing facility in Shanghai when the Chinese government implemented strict safety guidelines, our production levels have ramped up, and we are now operating with approximately 90% employee participation rate. The dedication of our factory teams and their managerial staff has been second to none. Our North American staff has remained engaged and available for all existing and future clients.

As a People-First company, we remain dedicated to the health and safety of our employees first and foremost. If you have questions or concerns about your project or opportunity, I’d ask that you monitor your daily project reports, contact your SNA representative, or email us at info@snadisplays.com.

Further, I encourage everyone to heed the advice provided by the U.S. Center for Disease Control and Prevention (CDC) and the World Health Organization (WHO).

Best regards,

Dennis

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