Clevo Co. announced on behalf of important subsidiary KAPOK COMPUTER (KUNSHAN) CO., LTD. temporarily suspended operation to meet with the local government's policies. Cause of occurrence: The Company's subsidiary, KAPOK COMPUTER (KUNSHAN) CO., LTD., originally suspended production untill 2022/04/19.

Currently the suspention of produciton is prolonged in accordance to local government's Covid-19 prevention policy. The company has applied for epidemic-free enterprises to resume work in accordance with local regulations. Countermeasures: (1)The company cooperates with local government regulations to take contingency measures to ensure the safety and health of employees.

(2)Some manpower stays on standby and keeps in touch with customers and suppliers to prepare for resumption of work. Any other matters that need to be specified: It is estimated that the suspension of operations will have no significant impact on the finance and business of the Company.