COVID 19 – UPDATE

ETS's top priority during this time of serious crisis is the health and safety of its employees and their families, our customers, and the communities in which we operate. ETS is following the guidelines issued by global and national health authorities and the Italian government.

We have implemented measures that include limiting travel, implementing smart working, and increasing employee distancing at work sites by at least 2 meters. Operationally, ETS is fully committed to supporting its customers' business continuity .

We are fully operational and constantly monitoring developments and carefully planning our operations to mitigate the impact of the pandemic where possible. Our operations have also been impacted by the pandemic.

Material deliveries have become more challenging, but we have only been closed for a limited number of days since strategic suppliers in the oil and gas supply sector.

Therefore, we have continued to operate without interruption and expect limited delays in delivery to our customers, which is a great achievement. In any case, we will continue to evaluate the coronavirus situation and will keep you informed of our strategy and plans. We remain available for any further questions or information.