COVID-19 Update

The health of our employees, customers and partners continues to be our top priority. We continue to encourage our employees to use best practices as outlined by the WHO and CDC to mitigate risks related to COVID-19. We will deep clean work areas and common spaces in each facility and remain vigilant with supporting healthy behaviors. There are currently no Miraco employees experiencing symptoms. Employees are encouraged to report any potential exposure and any employees with potential exposure will be instructed to work remotely and self-quarantine.

In addition, we have limited all travel to ensure it is necessary for business and have begun online video-based sales calls in addition to traditional email and phone sales practices. We are also limiting guests to ensure visits are necessary for business. Our softwares are cloud based and securely accessible almost anywhere. Our facilities offer redundant manufacturing capabilities to offer continuity for a vast majority

of our customers' needs and we also have a nimble, cross trained workforce at both locations.

Finally, we are continually evaluating current backlog and historical customer demand to identify any opportunities to be proactive by prompting reorders and or taking in additional materials.. IPC states generally a 3-week delay from normal lead times on many electronics parts and assemblies. We encourage customers to consider this when evaluating upcoming needs. Some materials are less affected than others and if there is a question, please reach out to us. At this time, we have no further or foreseen delays other than what has happened due to early supply chain delays which are largely rectified.

 

We wish each of you the very best. Stay safe. Thank you for your business.

 

Sincerely,

 

Jason Michaud

Vice President of Sales

Miraco, Inc.