<SEC-DOCUMENT>0001104659-26-091215.txt : 20260805
<SEC-HEADER>0001104659-26-091215.hdr.sgml : 20260805
<ACCEPTANCE-DATETIME>20260805165637
ACCESSION NUMBER:		0001104659-26-091215
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20260805
DATE AS OF CHANGE:		20260805

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CELESTICA INC
		CENTRAL INDEX KEY:			0001030894
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				980185558
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-285515
		FILM NUMBER:		261244521

	BUSINESS ADDRESS:	
		STREET 1:		5140 YONGE STREET, SUITE 1900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2N 6L7
		BUSINESS PHONE:		416-448-5800

	MAIL ADDRESS:	
		STREET 1:		5140 YONGE STREET, SUITE 1900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2N 6L7

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CELESTICA INC
		CENTRAL INDEX KEY:			0001030894
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				980185558
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		5140 YONGE STREET, SUITE 1900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2N 6L7
		BUSINESS PHONE:		416-448-5800

	MAIL ADDRESS:	
		STREET 1:		5140 YONGE STREET, SUITE 1900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2N 6L7
</SEC-HEADER>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt 0"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; background-color: White"><B>Filed
                                            pursuant to Rule&nbsp;433</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; background-color: White"><B>Registration
No.&nbsp;333-285515</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt; background-color: White"><B>Issuer
Free Writing Prospectus dated August&nbsp;5, 2026</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B>Celestica
Announces $3 Billion Equity Offering to Accelerate Growth Across Global AI Infrastructure</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">August&nbsp;5,
2026 at 4:01 PM EDT</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B>(All amounts
in U.S. dollars)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">TORONTO, August&nbsp;5,
2026 (GLOBE NEWSWIRE) --&nbsp;Celestica Inc.&nbsp; (NYSE: CLS) (TSX: CLS) (&ldquo;Celestica&rdquo; or the &ldquo;Company&rdquo;), a global
leader in data center infrastructure and advanced technology solutions, today announced an equity offering totaling $3 billion, in order
to fund investments in its business to support unprecedented multi-year demand from its customer base.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B>Proposed
Offering</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">Celestica today
announced a $3 billion treasury offering of common shares. The Company intends to grant the underwriters a 30-day option to purchase
up to an additional 15% of the common shares offered.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">BofA Securities and Citigroup are acting as joint lead bookrunners
(in alphabetical order) and TD Securities is acting as bookrunner for the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B>Capitalizing
on Multi-Year AI Infrastructure Expansion</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">Driven by robust
demand and expanding visibility across the global AI infrastructure buildout, Celestica is announcing a $3 billion equity offering to
accelerate its long-term growth strategy. As a critical engineering and manufacturing partner to the world&rsquo;s leading technology
companies, Celestica is investing to capture multi-year growth opportunities across its key markets of high-performance AI compute and
data center Ethernet networking.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">&ldquo;We are
experiencing accelerating momentum across our business, giving us strong conviction to continue investing behind our capabilities,&rdquo;
said Mandeep Chawla, Chief Financial Officer. &ldquo;Maintaining a robust capital structure with enhanced balance sheet flexibility is
central to executing our long-term strategy, ensuring we can seamlessly scale alongside our customers&rsquo; evolving multi-year capital
deployment plans.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">&ldquo;Strong
operational execution across both segments, combined with unprecedented demand from our Connectivity&nbsp;&amp; Cloud Solutions (CCS)
customers, underscores the significant scale of the AI infrastructure buildout,&rdquo; said Rob Mionis, Chief Executive Officer. &ldquo;Our
demand outlook is the strongest in the Company&rsquo;s history, and our multi-year visibility continues to strengthen. Celestica&rsquo;s
market leadership and disciplined execution, fully supported by this transaction, position us to capitalize on this secular growth and
deliver long-term shareholder value.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B>Use of Proceeds</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">Net proceeds
from the offering are expected to be used for working capital and to support investments in capital expenditures, in addition to other
general corporate purposes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B>Closing</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">The closing
of the offering is subject to customary closing conditions, including the entering into of an underwriting agreement and the listing
of the additional common shares on the New York Stock Exchange and the Toronto Stock Exchange.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-size: 10pt"><B><U>About
Celestica</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-size: 10pt">Celestica is
a technology leader dedicated to driving customer success and market advancements. With deep expertise in design, engineering, manufacturing,
supply chain, and platform solutions, Celestica enables critical data center infrastructure for AI, cloud and hybrid cloud, and advances
technologies in high-growth markets. With a talented team and a strategic global network, Celestica helps its customers achieve competitive
advantages. For more information on Celestica, visit www.celestica.com. Our securities filings can be accessed at www.sedarplus.ca and
www.sec.gov.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-size: 10pt">The information
contained on or accessible through www.celestica.com is not incorporated by reference into, and does not form part of, this release.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B><U>Registration
Statement and Prospectus</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Celestica has filed a final base shelf
prospectus containing important information relating to the securities described in this press release with the securities regulatory
authorities in each of the provinces and territories of Canada. The final base shelf prospectus, any applicable shelf prospectus supplement
and any amendment to the documents are accessible through SEDAR+. An automatic shelf registration statement (including a base shelf prospectus)
on Form&nbsp;S-3 (File No.&nbsp;333-285515) has been filed with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) for
the offering to which this press release relates. Before you invest, you should read the prospectus in that registration statement and
other documents Celestica has filed with the SEC for more complete information about Celestica. Any offering of these securities will
be made only by means of a prospectus and any applicable prospectus supplement. You may get these documents for free by visiting EDGAR
on the SEC website at www.sec.gov.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Alternatively, copies of any of the documents may be obtained, without charge, if you request them
in Canada from Merrill Lynch Canada Inc., 181 Bay Street-Suite&nbsp;400, Toronto, Ontario M5J 2V8; Citigroup Global Markets Canada Inc.,
c/o: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (+1-800-831-9146); or TD Securities Inc., Attention:
Symcor, NPM, at 1625 Tech Avenue, Mississauga, ON L4W 5P5, by telephone at (289) 360-2009, or by email at sdcconfirms@td.com, or in the
United States by contacting BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001 (Attention: Prospectus Department);
Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (+1-800-831-9146); or TD Securities (USA)
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at TDManualrequest@broadridge.com<FONT STYLE="background-color: white">.</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white">This press
release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to the registration and qualification under the securities laws of such state or
jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; background-color: white"><B><U>Cautionary
Note Regarding Forward-looking Statements</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-size: 10pt"><I>This press
release contains forward-looking statements, including, without limitation, those related to: unprecedented multi-year and strengthening
demand in our businesses, demand environment, outlook and customer forecasts, multi-year growth opportunities, our anticipated financial
and/or operational results, guidance and outlook, including statements with respect to expected revenue growth in 2026 and 2027, developments
related to new customer or program wins, anticipated economic conditions, industry and market trends and projections underlying market
growth rates, customer demand, prospects and opportunities, and strategic initiatives, maintaining a robust capital structure and enhanced
balance sheet flexibility, and the timing of, closing conditions (including listing of the common shares on the NYSE and TSX) to and
use of net proceeds of the offering. Such forward-looking statements may, without limitation, be preceded by, followed by, or include
words such as &ldquo;believes,&rdquo; &ldquo;expects,&rdquo; &ldquo;anticipates,&rdquo; &ldquo;estimates,&rdquo; &ldquo;intends,&rdquo;
&ldquo;plans,&rdquo; &ldquo;continues,&rdquo; &ldquo;projects,&rdquo; &quot;target,&quot; &quot;outlook,&quot; &quot;goal,&quot; &quot;guidance,&quot;
&ldquo;potential,&rdquo; &ldquo;possible,&rdquo; &ldquo;contemplate,&rdquo; &ldquo;seek,&rdquo; or similar expressions, or may employ
such future or conditional verbs as &ldquo;may,&rdquo; &ldquo;might,&rdquo; &ldquo;will,&rdquo; &ldquo;could,&rdquo; &ldquo;should,&rdquo;
or &ldquo;would,&rdquo; or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context.
For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S.&nbsp;Private Securities
Litigation Reform Act of 1995, where applicable, and for forward-looking information under applicable Canadian securities laws.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-size: 10pt"><I>Forward-looking
statements are provided to assist readers in understanding management&rsquo;s current expectations and plans relating to the future.
Forward-looking statements reflect our current estimates, beliefs and assumptions, which are based on management&rsquo;s perception of
historic trends, current conditions and expected future developments, as well as other factors it believes are appropriate in the circumstances,
including certain assumptions about: revenue growth in 2026 and 2027 (including continued strengthening of customer demand, close alignment
with key customers on demand planning, sustained improvements in demand visibility, and continued strengthening of adjusted operating
margins); accelerating growth from our customer base, including our CCS customer base; demand levels across our businesses, including
continued growth in demand from data center customers in 2026 and 2027; programs and production ramps occurring and progressing as anticipated
in line with expected timelines, specifications, qualification requirements and production schedules, customer decisions, design changes,
silicon and component availability, qualification outcomes, deployment timelines and priorities, constraints affecting data center development,
construction, equipping or operation, and other technical, commercial, regulatory or supply-chain factors, and our expected role in such
programs, including our 800G and 1.6T networking, and AI/machine learning compute programs with data center customers; technology upgrade
cycles; our ability to retain programs and customers; continuing operating leverage and improving mix; the impact of anticipated market
conditions on our businesses; the reliability of third party market forecasts and customer indications of future demands and roadmaps,
including with respect to data center infrastructure; continued advancement and commercialization of AI technologies and cloud computing;
supporting sustained high levels of capital expenditure investments by leading hyperscaler, AI, and data center customers; our ability
to develop new capabilities; scaling of our operations to meet the anticipated growth in customer demand; the successful recruitment
and retention of skilled talent; capital investments proceeding as anticipated, including timely completion of construction and operationalization
of assets, securing required materials, utilities, and equipment for our expansion plans; our ability to secure adequate component and
materials supply; alignment of our capacity with our business demands; the economy; our customers; our suppliers; tax and interest rates;
no material changes to tariffs, trade restrictions, customs administration, or related refund or recovery processes, including developments
relating to duties imposed under the International Emergency Economic Powers Act of 1977 and any replacement, continuing or retaliatory
tariff measures, compared to what are in effect as of&nbsp;August&nbsp;5, 2026; that our customers will retain liability for and we will
continue to be able to recover substantially all costs from customers relating to product/component tariffs and countermeasures; no material
changes in business activities resulting from current macroeconomic trends and uncertainties, including evolving global tariffs, trade
negotiations, and geopolitical conflicts; our ability to achieve our strategic goals; the availability of cash from operations to fund
planned capital investments; the availability of capital resources for, and the permissibility under our credit facility of, repurchases
of outstanding common shares under our current normal course issuer bid; as well as other market, financial and operational assumptions.
Readers are cautioned that such information may not be appropriate for other purposes. Readers should not place undue reliance on such
forward-looking information.</I></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="font-size: 10pt"><I>Forward-looking
statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties that could cause actual
results to differ materially from those expressed or implied in such forward-looking statements, including, among others, risks related
to: changing customer capacity roadmaps for 2026 and beyond; realization of the long-term demand outlook; customer and segment concentration;
reduction in customer revenue; erosion in customer market competitiveness; changes in revenue mix and margins; uncertain market, industry,
political and economic conditions; customer requests to transfer manufacturing of products from one facility to another; changes to policies
or legislation; operational challenges (including inventory management, supply chain constraints, and components, materials or supply
shortages); volatility in energy and commodity prices; program ramps not progressing as anticipated; the cyclical nature and/or volatility
of certain of our businesses; talent management and inefficient employee utilization, including recruiting, training and retaining sufficient
qualified personnel in required jurisdictions and within required timeframes; our expansion plans or consolidation of our operations;
planned capital expenditures to support anticipated growth in customer demand; competition risk from evolving AI technologies, including
lower-cost/open-source AI models; energy, power and water constraints in the data center ecosystem; cash flow, revenue, and operating
results; tax and interest rates variability; technology and IT disruption; increasing legal, tax and regulatory complexity and uncertainty
(including in relation to our or our customers' businesses); integrating and achieving the anticipated benefits from acquisitions; and
the potential adverse impacts of events outside of our control.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>For more exhaustive information on
the foregoing and other material risks, uncertainties and assumptions, readers should refer to our public filings at www.sedarplus.ca
and www.sec.gov, including in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations,
Annual Report on Form&nbsp;10-K, Quarterly Reports on Form&nbsp;10-Q, Current Reports on Form&nbsp;8-K and other documents filed with,
or furnished to, the U.S. Securities and Exchange Commission, and the Canadian Securities Administrators, as applicable.</I></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>Forward-looking statements speak
only as of the date on which they are made, and we disclaim any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise, except as expressly required by applicable law.</I></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>All forward-looking statements attributable
to us are expressly qualified by these cautionary statements.</I></FONT></P>

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