Cooper Tire & Rubber Company Declares 197th Consecutive Quarterly Dividend - Seite 2

• the ability to complete the proposed merger of Cooper and Goodyear on anticipated terms and timetable;
• the effect of restructuring or reorganization of business components;
• uncertainty and weaknesses in global economic conditions, including the impact of the ongoing coronavirus (COVID-19) pandemic, or similar public health crises, on Cooper’s and Goodyear’s financial condition, operations, distribution channels, customers and suppliers, as well as potentially exacerbating other factors discussed herein;
• continued volatility in raw material and energy prices, including those of rubber, steel, petroleum-based products and natural gas or the unavailability of such raw materials or energy sources, which may impact the price-adjustment calculations under sales contracts;
• delays or disruptions in the supply chain resulting in increased costs or disruptions in operations;
• the ability to cost-effectively achieve planned production rates or levels;
• the ability to successfully identify and consummate any strategic investments or development projects;
• the outcome of any contractual disputes with customers, joint venture partners or any other litigation or arbitration;
• impacts of existing and increasing governmental regulation and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorization of, or from, any governmental or regulatory entity and costs related to implementing improvements to ensure compliance with regulatory changes;
• the ability to maintain adequate liquidity, level of indebtedness and the availability of capital could limit cash flow available to fund working capital, planned capital expenditures, acquisitions and other general corporate purposes or ongoing needs of the business;
• the ability to continue to pay cash dividends, and the amount and timing of any cash dividends;
• availability of capital and ability to maintain adequate liquidity;
• the impact of labor problems, including labor disruptions at Cooper, its joint ventures, or at one or more of its large customers or suppliers;
• the ability of our customers, joint venture partners and third-party service providers to meet their obligations on a timely basis or at all;
• adverse changes in interest rates and tax laws; and
• the potential existence of significant deficiencies or material weakness in Cooper’s internal control over financial reporting.

Cooper has based its forward-looking statements on current expectations, estimates and projections about the industry and Cooper’s partnerships. Cooper cautions that these statements are not guarantees of future performance and stakeholders should not rely unduly on them, as they involve risks, uncertainties, and assumptions that Cooper cannot predict. In addition, Cooper has based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate. While management considers these assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond Cooper’s control.