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Business Continuity Impact Notice: Russia – Ukraine Conflict Update

Riverside, Calif., March 15, 2022

Dear Valued Customers of Bourns,

This letter is to provide you with an update regarding the possible impact on the Bourns group of companies' ability to supply Bourns® products to our customers due to developments in Ukraine.

Supply Chain Impact:
In addition to the anticipated shortage of Palladium (Pd) and certain Noble gases reported in our letter dated March 1, 2022, we expect future shortages of copper-beryllium in the global market and we are taking measures to identify second sources. As of today, we do not have any other immediate supply chain concerns to report related directly to the Russia – Ukraine conflict. Should any of our suppliers inform us of any further changes to their supply chain or require price increases due to the ongoing conflict and/or imposed sanctions that could impact the Bourns group of companies' production either immediately or in the longer term, we will escalate this to our customers promptly. This letter represents our best and current knowledge of the situation. However, this letter is not a warranty or guarantee of any kind. If the situation changes, we will take steps to mitigate and inform you accordingly.

Yours truly,
James Harrington
Bourns, Inc.
Senior Vice President, Worldwide Sales

About Bourns

Bourns, Inc., is a leading manufacturer and supplier of position and speed sensors, circuit protection solutions, magnetic components, microelectronic modules, panel controls and resistive products. Headquartered in Riverside, California, USA, Bourns serves a broad range of markets, including automotive, industrial, consumer, communications, non-critical life support medical (low/medium risk), audio and various other market segments. Additional company and product information is available at www.bourns.com.

Bourns® and the Bourns logo are registered trademarks of Bourns, Inc. and may be used only with the permission of Bourns and proper acknowledgement. Other listed names and brands are trademarks or registered trademarks of their respective owners.

Bourns® products have not been designed for and are not intended for use in "lifesaving," "life-critical" or "life-sustaining" applications nor any other applications where failure or malfunction of the Bourns® product may result in personal injury or death. See Legal Disclaimer Notice www.bourns.com/docs/legal/disclaimer.pdf

Agency Contact:
Annette Keller
Keller Communication
annettekeller1984@gmail.com
Company Contact:
David Scofield
Bourns, Inc.
(951) 781-5054
david.scofield@bourns.com