STRONGCO CORPORATION COMPLETES ARRANGEMENT WITH NORS S.A. - Seite 2

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements.

Forward-looking statements include words or expressions such as “will”, “may”, “shall”, “if”, “subject to”, “in the event”, “expected”, and other similar words or expressions. Although Strongco believes that the expectations reflected in these forward-looking statements are reasonable, Strongco cannot give assurance that these expectations will prove to have been correct. Accordingly, investors and others are cautioned that undue reliance should not be placed on any forward-looking statements.

Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include, without limitation; economic, competitive, political and social uncertainties (including the current COVID-19 pandemic); the state of capital markets; risks relating to (i) the ability of the parties to complete post-closing matters of the Arrangement, (ii) unforeseen challenges in integrating the businesses of Nors and Strongco, (iii) failure to realize the anticipated benefits of the Arrangement, (iv) the business, operational and/or financial performance or achievements of Strongco and Nors may be materially different from that currently anticipated, (v) other unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and (vi) other factors ultimately being inaccurate or irrelevant. In particular, the benefits anticipated in respect of the Arrangement are based on the current business, operational and financial position of each of Strongco and Nors, which are subject to a number of risks and uncertainties. Readers are cautioned that the foregoing list of risks, uncertainties and assumptions are not exhaustive. Consequently, the reader is cautioned not to place undue reliance on the forward-looking statements and information contained in this press release. The forward-looking statements in this press release reflect the expectations of the parties on the date hereof and are subject to change thereafter. Strongco disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.