Adval Tech Holding AG not providing earnings guidance for the year of 2021. In view of the major uncertainties associated with the coronavirus pandemic and the extensive upheavals in the automotive industry, the outlook for 2021 is extremely difficult. Adval Tech does not expect the pandemic to end quickly and assumes that the economic environment will remain difficult. The transformation in the automotive industry will continue despite the coronavirus pandemic. Adval Tech has the competencies and resources to actively participate in shaping this change. The Group has taken all necessary measures to cushion the impact of the crisis as much as possible, and it is well equipped to successfully manage the high number of production start-ups in 2021, under the more difficult conditions and at the respective sites. The Adval Tech Group is not giving specific guidance on total income and EBIT in 2021.