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April 10, 2020

As a sign of solidarity with all employees, and with the full support of the Supervisory Board of URW, the Group CEO, Christophe Cuvillier, the Group CFO, Jaap Tonckens, and all members of the Group’s SeniorManagement Team have taken the initiative to reduce their remuneration by -25% for the period during which the partial activity measures will be in place.