LATEST INFORMATION FOR CUSTOMERS AND STAKEHOLDERS: COVID-19

UPDATED 29^th March 2022

Safety, health and well-being of our people

At Victrex, the safety, health and well-being of all our employees is the highest priority. We established a COVID-19 committee at the start of 2020 and continue to take appropriate precautions and remain proactive in our approach, even if case rates have declined globally since the start of the pandemic.

Chemicals as an essential industry

The UK government defines Chemicals as an essential industry with essential workers, with Victrex also having a long-standing history in supporting many critical and "life-sustaining" applications, particularly in Medical. In the US, we continue to operate on an ongoing modified basis, defined as being a 'life-sustaining' organisation in several states. Overall, our supply chain continues to function effectively with high service levels for our customers.

Return to site

Overall, the majority of our global employees have now Returned to Site, supported by our Global Flexible Working Policy, although our Return to Site plans vary by region:

• Our UK Return to Site was completed in March 2022, with some restrictions and guidelines remaining
• Our China technical centre reopened in Autumn 2020
• Our US offices and manufacturing facilities have largely Returned to Site
• Our Europe team have also started a phased return to site, with certain control measures remaining in place for a period of time.
• Japan and Korea teams continue to largely work from home.

Risk assessments for Return to Site are only in consultation and approval through our COVID-19 committee.

Security of supply for customers and pricing

Overall our employees, including those customer-facing, remain contactable as normal by phone and email in home offices, ready to serve customers. Some travel to customers is now occuring globally

Our raw material and finished goods stocks remain appropriate at the current time for our customers, with global warehouses able to supplement our production. Nearly 100% of our customer deliveries have been on time in full (OTIF) since the onset of COVID-19.

Victrex has always offered price stability and has a world-class track record of security of supply for our customers

Nevertheless to maintain the level of service our customers are accustomed to and better align the evolution of demand with escalating costs, including energy and availability of raw materials and logistics services, we have needed to adjust pricing.

Communities

Victrex already has a strong track record of supporting our communities wherever we operate globally. To date, we have seen community volunteering, the manufacture of 3D printed masks and manufacture of ear savers for masks from recycled material in one of our facilities. We continue to play our part.