Inscape’s Response to Impact of COVID-19 - Seite 3

These forward-looking statements are based on our plans, intentions or expectations and include known and unknown assumptions and other factors which, if incorrect, may cause actual results or achievements to be materially different from those expressed or implied, including, but not limited to, assumptions about the rate of economic growth in North America in light of the COVID-19 pandemic, there being no cases of COVID-19 in Inscape’s workforce and the assumption that no members of the workforce are required to self-isolate, there being no material disruption to Inscape’s supply chains, growth expectations for the contract office furniture business, currency fluctuations and Inscape being able to access government subsidy, loan and grant programs in sufficient amounts to positively impact its balance sheet.

The forward-looking statements are subject to risks and uncertainties that may cause the actual results to differ materially from those anticipated in the discussion, including but not limited to, there being cases of COVID-19 in the Company’s workforce, disruptions to Inscape’s supply chain due to the COVID-19 outbreak, the economic downturn as a result of the COVID-19 outbreak having a material adverse impact on Inscape’s operations and liquidity position (other than as anticipated herein) and resulting in longer than expected salary reductions, furloughs or other employee initiatives and Inscape not being able to access government subsidy, loan and grant programs. See also “Risks and Uncertainties” of Inscape’s most recent management discussion and analysis and annual information form for more information. While management believes that the expectations expressed by such forward-looking statements are reasonable, we cannot assure that they will be correct. In evaluating forward-looking information and statements, readers should carefully consider the various factors which could cause actual results or events to differ materially from those indicated in the forward-looking information and statements. Readers are cautioned that the foregoing list of important factors is not exhaustive. Furthermore, the Company disclaims any obligations to update publicly or otherwise revise any such factors or any of the forward-looking information or statements contained herein to reflect subsequent information, events or developments, changes in risk factors or otherwise.