Outlook

Following the expansion of production capacities and the realized increase in sales in the current year, we anticipate a positive development for the second half of the year. We expect a reduction in inventory with slightly increased production. We therefore expect to be able to present a strong increase in sales and profitability for the entire fiscal year. Further investment projects to increase productivity and strategic growth projects are under development but will not be implemented this year.

It will be possible to increase cash flow. This can be used for partial refinancing, but also as financial resources for further investments.

Supplementing equity, conditional and authorized capital is at our disposal to finance larger projects or to take advantage of opportunities at short notice.

On behalf of the Board of Directors and Management

Katharina Lehmann

Chairwoman of the Board of Directors

Markus Brütsch

CEO/CFO, Delegate of the Board of Directors