Covid19 Update

Our response to Covid-19

Against the backdrop of the global Covid-19 outbreak, Alcipe Enterprises Ltd business operations are being continuously adapted to mitigate potential impacts. As a globally operating company, epidemic and pandemic risk scenarios are an integral part of the Company’s continuous risk planning. The Company follows a holistic management process that enables our business units to ensure the best possible operations for our customers even in an emergency.

The safety of our employees and customers is paramount. In order to closely monitor and manage the Coronavirus outbreak, a Alcipe Enterprises Ltd Coronavirus task force has been established, led by the Company’s CEO. The Company’s task force also coordinates with local authorities and international organizations and provides the necessary information to all employees and relevant operations.

The Company’s task force

• meets weekly and updates employees and management on the evolution of the situation
• we operate follow protocols of official authorities, both international organizations and local country health authority advisories
• discusses and approves measures as the situation unfolds
• facilitates cross-divisional knowledge and best practice sharing

Employees

Our number one priority is the wellbeing of our employees and customers. We follow all official recommendations, and we are committed to respond to the call for cohesion and solidarity to prevent the spread of the disease.

Our Company Business Continuity Policy offers global guidelines for our operations. Every day, everywhere, to stop the spread of the disease:

• We promote a “Safety First” approach
• We encourage flexible work arrangements, adapted to different roles
• We have limited global business travel to a minimum
• We postponed all non-business essential events and trainings

In addition, each business unit developed and internally communicated additional measures fitting distinctive country needs or division-specific requirements.

We regularly update our employees via internal media, as well as via our local management teams. We publish updated information as it becomes available to reduce exposure to and transmission of the Coronavirus.

As an international operating company with many employees in several countries, we ensure our country organizations operate in accordance with the protocols of official authorities, both international organizations and local country health authority advisories, whichever sets the strictest rules.

Operations

• The Company’s Coronavirus task force coordinates the implementation of accurate and tailor-made Business Continuity Planning to local conditions, and immediate response and monitoring.
• Each of Company’s divisions manages its operations to ensure, to the extent possible, an undisrupted service to our customers. All our divisions are mobilizing Business Continuity Plans, including pandemic operating plans, and implementing preventive actions as appropriate.