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GlobalFoundries 与佛蒙特州政府官员共同庆祝《CHIPS 和科学法案》的发布以及州政府对埃塞克斯交界处工厂现代化改造的资助

2024 年 3 月 1 日,佛蒙特州埃塞克斯交界- GlobalFoundries(纳斯达克股票代码:GFS)(以下简称 "GF")首席执行官 Thomas Caulfield 博士今天与佛蒙特州州长 Phill Scott、参议员 Peter Welch、美国众议员 Becca Balint、前参议员 Patrick Leahy 以及其他 GF 和社区领导人共同庆祝了作为美国 CHIPS 和科学法案一部分的近 1.3 亿美元的计划直接资助以及佛蒙特州的资助。这些资金将用于支持 GF 连续运营时间最长的晶圆厂的现代化改造,以及位于埃塞克斯交界处的全美首家也是最大的信托 200 毫米工厂的现代化改造。

上周,GF 自豪地宣布美国商务部计划向 GF 提供 15 亿美元的直接资助,其中 1.25 亿美元专门用于 GF 佛蒙特州工厂的现代化和产能建设。斯科特州长和佛蒙特州政府已宣布追加 450 万美元的计划资金,用于支持创建美国首家能够大批量生产下一代氮化镓 (GaN) 半导体的工厂,该半导体将用于电动汽车、电网、数据中心、5G 和 6G 智能手机以及其他关键技术。

现代化工作将包括采用新的行业领先的可持续发展实践,旨在减少温室气体排放和改善工厂的废水处理。这些改进措施不仅能满足而且能超越州和联邦的监管要求,使该工厂成为同类中最环保的工厂之一。

"GF非常荣幸地欢迎州长斯科特、参议员韦尔奇、前参议员莱希和众议员巴林特今天莅临我们在佛蒙特州的工厂,"考菲尔德博士说。"我们在佛蒙特州的工厂在过去的六十年里一直致力于半导体行业的制造和创新,这些拟对工厂进行现代化改造的投资将使 GF 能够在未来继续以环保的方式为我们的客户和合作伙伴提供最先进的解决方案。今天是员工感谢日,我们要庆祝佛蒙特州 GF 团队取得的成就和社区精神"。

"斯科特州长表示:"这项投资不仅对佛蒙特州和该地区,而且对我们的国家和经济安全都具有重大影响。"这也是对佛蒙特州几代员工的聪明才智、辛勤工作和奉献精神的重要认可,是他们让 GlobalFoundries 及其在埃塞克斯交界的前身取得了如此巨大的成功和影响。没有他们的卓越表现,这项投资就不可能实现。我很高兴看到在未来的岁月里它所带来的一切"。  

为了吸引和培养佛蒙特州所需的半导体人才,GF 正在制定和投资多项计划,包括公司最近宣布的学生贷款偿还计划,以帮助在职员工和新员工偿还学生贷款债务。GF 还与佛蒙特大学和佛蒙特州立大学等全国众多大学和社区学院合作,帮助建立多元化的劳动力队伍和半导体人才梯队。作为获得 CHIPS 和《科学法案》资助的一部分,GF 将继续投资和开发新的劳动力开发工作,包括课程开发、实习和学徒计划、K-12 STEM 外联以及其他教育和培训计划。

GF 在佛蒙特州进行现代化改造的所有设计和施工计划都将反映出 GF 对可持续运营的持续承诺,并符合公司的可持续发展目标。

佛蒙特州的政府官员和学术界都在庆祝这一消息:

"伯尼-桑德斯参议员说:"毫无疑问,微芯片和半导体在全球范围内都存在短缺,这使得制造商更难生产我们所需的汽车、手机和电子设备。"这项联邦投资将带来宝贵的支持,通过支持开发、制造和生产方面的创新,帮助佛蒙特州的这一行业取得成功。它还将为数百名佛蒙特州人创造高薪工作,并引入学徒计划来教育下一代。我对莱希参议员、斯科特州长、我的国会代表团成员、GlobalFoundries 和拜登-哈里斯政府为佛蒙特州获得这笔资金所做的一切工作表示赞赏。我期待着看到这笔资金为佛蒙特州的工人和我们的社区带来的一切好处"。

"从手机、电网到电动汽车,佛蒙特州都离不开氮化镓技术。韦尔奇参议员说:"两党共同提出的《CHIPS 和科学法案》所带来的 1.25 亿美元联邦奖励,是对佛蒙特州就业和美国制造芯片的世代投资。"GlobalFoundries 和 Fab 9 团队使佛蒙特州成为半导体创新和发展的领导者,他们向全国乃至全世界展示了佛蒙特州的成功之道。他们对可持续发展的承诺和无碳能源的使用为其他制造商树立了榜样。这一令人兴奋的发展所产生的连锁效应已经开始在更大的社区内激发创新,并将在未来数年内成为经济驱动力。

"具有历史意义的《CHIPS 和科学法案》充分释放了国内半导体制造业的潜力,佛蒙特州将在芯片生产方面领先全国,"众议员贝卡-巴林特(Becca Balint)说。"多亏了拜登总统的领导,这项变革性投资将使 GlobalFoundries 持续运营时间最长的晶圆厂实现现代化,就在佛蒙特州。佛蒙特州将成为美国第一家能够大批量生产下一代氮化镓半导体的工厂。佛蒙特州人将继续引领我国的创新经济,我很高兴今天能庆祝拜登政府的这一重大投资。

"GF佛蒙特工厂是美国首个也是最大的200毫米半导体制造工厂,是佛蒙特州经济的基石,也是佛蒙特大学作为国家研究型大学的重要合作伙伴。通过与佛蒙特大学和佛蒙特州其他机构的合作项目,它是本地区众多年轻人寻找未来的地方。CHIPS 的资金将有助于确保该基地在未来数年的商业可行性,并使 GF 和 UVM 能够在我们最近被 EDA 指定为技术中心的基础上,在绿山州创造实习、学徒、劳动力发展计划和先进的研究计划。佛蒙特大学负责研究和经济发展的副校长 Kirk Dombrowski 说:"我们赞赏联邦对 GF 和整个佛蒙特社区的投资。

GF 的工厂位于佛蒙特州埃塞克斯交界处,靠近伯灵顿,是美国最早的大型半导体生产基地之一。如今,约有 1,800 名 GF 员工在此工作。基于 GF 的差异化技术,这些 GF 制造的芯片被广泛应用于世界各地的智能手机、汽车和通信基础设施。该工厂是 DMEA 认证的可信代工厂,与美国国防部合作生产安全芯片,用于美国最敏感的航空航天和国防系统。

关于GlobalFoundries

GlobalFoundries (GF) 是全球领先的半导体制造商之一。通过开发和提供功能丰富的工艺技术解决方案,GF 正在重新定义创新和半导体制造,为普遍的高增长市场提供领先的性能。GF 提供独特的设计、开发和制造服务组合。GF 拥有一支才华横溢的多元化员工队伍,生产足迹遍布美国、欧洲和亚洲,是全球客户值得信赖的技术来源。欲了解更多信息,请访问 www.gf.com。 

©GlobalFoundries Inc.、GF、GlobalFoundries、GF 徽标和其他 GF 标记是 GlobalFoundries Inc.所有其他商标均为其各自所有者的财产。 

前瞻性声明

本新闻稿包括根据《1995 年美国私人证券诉讼改革法案》(U.S. Private Securities Litigation Reform Act of 1995)的 "安全港 "条款做出的 "前瞻性声明"。此类前瞻性声明包括但不限于有关我们的财务前景、未来指导、产品开发、业务战略和计划以及市场趋势、机遇和定位的声明。这些表述基于当前的预期、假设、估计、预测、预估以及表述时可获得的有限信息。诸如 "期望"、"预计"、"应该"、"相信"、"希望"、"目标"、"项目"、"目的"、"估计"、"潜力"、"预测"、"可能"、"将要"、"可能"、"打算"、"应当"、"展望"、"走上正轨 "等词语,以及这些词语的变体或这些词语的反义词和类似表述都是为了识别这些前瞻性表述,尽管并非所有前瞻性表述都包含这些识别词语。前瞻性陈述受各种已知和未知风险和不确定性的影响。我们的任何假设和估计不准确都可能影响这些前瞻性声明中的预期或预测的实现。例如,我们的业务可能会受到地缘政治条件的影响,如与中国持续的政治和贸易紧张局势以及乌克兰和以色列的战争;我们产品市场的发展或恢复可能会比预期或过去缓慢;我们可能无法实现重组计划的全部收益;我们的经营业绩可能会出现超出预期的波动;我们的经营业绩和现金流可能会出现与收入确认或其他方面有关的重大波动;网络或数据安全事件导致未经授权访问我们的网络或数据或我们客户的数据,可能导致系统中断、数据丢失或损害我们的声誉;我们可能遇到与我们的技术相关的中断或性能问题,包括服务中断;全球经济状况可能恶化,包括由于利率上升、通货膨胀加剧和任何潜在的经济衰退。我们不可能预测所有风险,也无法评估所有因素对我们业务的影响,或任何因素或因素组合在多大程度上可能导致实际结果或成果与我们可能做出的任何前瞻性声明中的结果或成果存在实质性差异。您不应将前瞻性声明视为对未来事件的预测。 

尽管我们相信我们的声明中所反映的预期是合理的,但我们不能保证前瞻性声明中所描述的未来结果、活动水平、业绩或事件和情况将会实现或发生。此外,我们或任何其他人都不对这些声明的准确性和完整性承担责任。除非联邦证券法另有规定,否则我们没有义务更新任何信息或任何前瞻性声明。我们建议投资者详细查阅我们 2022 年的 20-F 表格年报、6-K 表格当前报告以及提交给美国证券交易委员会的其他报告中讨论的风险和不确定性。

媒体垂询

对于 VT:
Gina DeRossi
[email protected]

纽约方面:
Erica McGill
[email protected]

CNBC:GlobalFoundries 首席执行官谈 CHIPS 法案带来的 15 亿美元投资的影响

卡马拉-哈里斯副总统关于《CHIPS 法案》和《科学法案》初步条款的声明

拜登-哈里斯政府宣布与 GlobalFoundries 签订初步条款,加强美国汽车和国防工业的国内传统芯片供应

GlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing

$1.5 billion potential investment will support the expansion of GlobalFoundries New York facility, including construction of a new state-of-the art fab, and the modernization of its Vermont facility, adding secure capacity for essential chip manufacturing for automotive and other key markets

Additional $600 million plus planned in New York State Green CHIPS and other State benefits over the 10-year term of the New York projects

MALTA, N.Y. and ESSEX JUNCTION, VT, February 19, 2024 – The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries (Nasdaq: GFS) (GF) as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce more essential chips for automotive, IoT, aerospace, defense, and other vital markets.

New York-headquartered GF, celebrating its 15th year of operations, is the only U.S.-based pure play foundry with a global manufacturing footprint including facilities in the U.S., Europe, and Singapore. GF is the first semiconductor pure play foundry to receive a major award (over $1.5 billion) from the CHIPS and Science Act, designed to strengthen American semiconductor manufacturing, supply chains and national security. The proposed funding will support three GF projects:

  • Expansion of GF’s existing Malta, NY, fab by adding critical technologies already in production in GF’s Singapore and Germany facilities geared towards enabling the U.S. auto industry. As vehicles transition from mechanical to electronic systems, the number of semiconductor chips in each car or truck continues to soar. This expansion is key to ensuring supply chain resilience for the growing demand and to delivering for GF’s automotive customers including General Motors. This will continue to diversify GF’s flagship Malta fab into new technologies and end markets.
  • Construction of a new state-of-art fab on the Malta campus to meet expected customer demand for U.S.-made essential chips across a broad range of markets and applications including automotive, aerospace, defense and AI. The new fab, which has already been granted some necessary permitting, will leverage the site’s existing infrastructure and ecosystem, enabling a fast and efficient path from construction to production. The semiconductor market is expected to double over the next decade, and GF’s new fab will be uniquely positioned to capture the feature-rich mature, essential chip segment which is expected to continue to represent more than 60% of the semiconductor market. Construction of this new fab combined with expansion of GF’s existing site is expected to triple the existing capacity of the Malta campus over the next 10+ years. These two projects are expected to increase wafer production to 1 million per year once all phases are complete.
  • Modernization of GF’s longest continuously operated fab and the nation’s first and largest Trusted 200mm facility in Essex Junction, Vermont. The project will upgrade existing facilities, expand capacity as well as create the first U.S. facility capable of high-volume manufacturing of next-generation gallium nitride (GaN) semiconductors for use in electric vehicles, power grids, data centers, 5G and 6G smartphones and other critical technologies.

Based on market requirements and demand, GF plans to invest more than $12 billion over the next 10 plus years across its two U.S. sites through public-private partnerships with support from the federal and state governments as well as from its ecosystem partners, including key strategic customers.

In support of the two Malta, New York projects, Governor Hochul today announced $575 million in planned direct funding for New York State Green CHIPS. Also announced was $15 million in planned funding for NYS Workforce Development activities for GlobalFoundries as well as $30 million in planned funding for NYS Infrastructure upgrades and Energy incentives provided by the New York Power Authority (NYPA).

Combined, these investments are expected to create over 1,500 manufacturing jobs and about 9,000 construction jobs over the life of these projects. 

“GF is proud to announce this proposed funding from the Department of Commerce and New York State and appreciates the collaboration of the CHIPS Office and the Empire State Development Corporation throughout this process. These proposed investments, along with the investment tax credit (ITC) for semiconductor manufacturing, are central to the next chapter of the GlobalFoundries story and our industry. They will also play an important role in making the U.S. semiconductor ecosystem more globally competitive and resilient and cements the New York Capital Region as a global semiconductor hub,” said Dr. Thomas Caulfield, president and CEO of GF. “With new onshore capacity and technology on the horizon, as an industry we now need to turn our attention to increasing the demand for U.S.-made chips, and to growing our talented U.S. semiconductor workforce.”

“Semiconductors are the brain of modern technology. While they are no larger than a fingernail and no thicker than a piece of paper, they are essential to every electronic device that we currently use – from computers and televisions to cars and washing machines. Thanks to our Administration’s CHIPS and Science Act, we are announcing the Department of Commerce’s preliminary agreement with GlobalFoundries, which will award approximately $1.5 billion to expand domestic production of semiconductors, strengthen U.S. supply chains, and create thousands of good paying jobs right here in America,” said Vice President Kamala Harris. “President Biden and I continue to be fully committed to growing our economy and creating opportunity in every part of America. Today’s announcement is another way in which we are delivering on that commitment in New York, Vermont, and communities throughout the country.” 

“Semiconductors are in everything from our cellphones, to refrigerators, to cars, and our most advanced weapons systems, and access to them carries important economic and national security implications. It was the shortages of semiconductors during the COVID-19 pandemic that raised prices for consumers and led to the shutdown of automobile manufacturing sites across the country,” said Secretary of Commerce Gina Raimondo. “Thanks to the CHIPS and Science Act, we’re working to onshore these critical technologies in order to bolster the supply of domestic chips that are essential to manufacturing cars, electronics, and national defense systems in New York, Vermont, and states across the country.”

“I have long said my CHIPS & Science Law would deliver big for New York, and I meant big with a capital ‘B.’ I am proud to announce GlobalFoundries has reached a preliminary agreement for the largest award thus far from the CHIPS program I created for $1.5 billion in grant funding. This will triple production capacity of GlobalFoundries’ already massive campus in Saratoga County, spur billions in public-private investment, and help bring thousands of new good-paying manufacturing and union construction jobs to the Capital Region,” said Senator Schumer. “When I wrote the CHIPS & Science Law, I made sure there was funding especially for the feature-rich, legacy chips that GlobalFoundries produces in Malta and that are essential for America’s auto industry and national defense. We all remember the days of the pandemic when chip shortages sky rocketed car prices and created supply chain issues leading to months-long wait times for cars and electronics, and investments like this are how we can help prevent that from happening again.  Ever since GlobalFoundries’ first Fab 8 broke ground 15 years ago, I knew how significant the company would be for the Capital Region and Upstate NY. Today, the plans for their second chip facility and thousands of new good-paying jobs move forward thanks to the CHIPS & Science Law I fought hard to create.”

“New York State is becoming the best place on earth to build a business,” said Governor Hochul. “Thanks to our pro-business policies, commitment to innovation and best-in-the-nation workforce, green jobs and high-tech manufacturers are flocking to the Empire State. This $11 billion investment from GlobalFoundries is a game changer, and with the partnership of the Biden administration, New York’s congressional delegation, and all of our local stakeholders, the best is yet to come.”

To attract and cultivate a pipeline of semiconductor talent that will be needed in New York and Vermont, GF is creating and investing in numerous initiatives. The company recently announced a new student loan repayment program to help current employees and new recruits pay down student loan debt. The new benefit program is part of the company’s multi-million-dollar investment to strengthen the semiconductor talent workforce by helping to ease the financial burden of higher education and training of the company’s present and future employees. GF is also partnering with a broad range of universities and community colleges nationwide to help build a diverse workforce and semiconductor talent pipeline. As part of receiving CHIPS and Science Act funding, GF will continue to invest in and develop new workforce development efforts including curriculum development, internship and apprenticeship programs, K-12 STEM outreach as well as additional education and training programs.

All of GF’s design and construction plans for its expansions and modernizations in New York and Vermont will reflect GF’s ongoing commitment to sustainable operations and comply with the company’s sustainability goals.

Customers, government officials and academia celebrate the news from the U.S. Department of Commerce and GF:

“We are pleased that GlobalFoundries will be receiving a $1.5 billion investment from the U.S. CHIPS and Science Act,” said Dr. Lisa Su, Chair and CEO of AMD. “GlobalFoundries is a strategic supplier and key enabler of AMD’s high-performance computing products. The planned investment demonstrates the commitment of the U.S. government to strengthen the domestic chip supply chain for economic growth and ensure the long-term competitiveness of the U.S. semiconductor ecosystem.”   

“Semiconductors are critical to today’s vehicles,” said General Motors President Mark Reuss. “GlobalFoundries’ investment in New York both ensures a robust supply of semiconductors in the U.S. to help GM meet demand and supports U.S. leadership in automotive innovation.”

“Lockheed Martin is proud of our strategic partnership with GlobalFoundries to help increase access to domestically produced microelectronics – a true national security imperative,” said Jim Taiclet, chairman, president and CEO of Lockheed Martin. “The Department of Commerce’s announcement led by Secretary Raimondo will enable GlobalFoundries to continue providing essential technology to further strengthen Lockheed Martin’s secure and robust global supply chain. We look forward to the results of this announcement as part of our commitment to delivering cutting-edge 21st Century Security capabilities that advance deterrence and keep our customers ahead of emerging threats.”

“Qualcomm welcomes today’s announcement from the U.S. Department of Commerce CHIPS office regarding funding for GlobalFoundries expansion of their U.S. chip making operations. GlobalFoundries’ commitment to providing additional chip production capacity that allows us to continue pushing the boundaries of the innovation for 5G, Automotive and IoT applications. We are pleased to partner with a company that shares our vision for a more resilient global supply chain for chip production,” said Dr. Roawen Chen, Chief Supply Chain and Operations Officer, Qualcomm Technologies, Inc.

“GlobalFoundries has been a national leader in semiconductor and chips innovation, putting Vermont at the forefront of this emerging technology. This is a well-deserved recognition of GlobalFoundries’ commitment to bolstering the on-shore growth of U.S.-made chips,” said Sen. Peter Welch. “This investment, made possible by the CHIPS and Science Act and the White House and Secretary Raimondo’s commitment to competitiveness and security, will create jobs while making our supply chains more resilient. Even more impressive, this new site will see its commitment to sustainability through with a plan to use carbon-free neutral energy practices —leading in innovation and in action.”

“This is huge news for Vermont and the region,” said Governor Phil Scott. “The CHIPS Act funding will help encourage innovation and expansion of this vital sector in our state and across the country. I’m proud of the work my team has done with GF and others to assist and I want to thank the Biden Administration and our congressional delegation for their continued partnership.”

“Today’s announcement is nothing short of a gamechanger for Saratoga County and the greater Capital Region. It is proof positive that our Investing in America agenda not only bolsters national security and global economic competitiveness, it can create thousands of good paying jobs right here at home. I look forward to working closely with GlobalFoundries and local, state and federal partners to make these historic plans a reality,” said Congressman Paul Tonko.  

“We extend our congratulations to GlobalFoundries for achieving this important milestone that will ignite regional economic growth while reinforcing the vital collaboration between Hudson Valley Community College and GF. Since 2021, through a first-of-its kind U.S. Registered Apprenticeship program, HVCC has been assisting GF in expanding its technical workforce by providing top-notch education and training to apprentices. Additional funding from CHIPS will enable us to expand our role as a critical partner in developing a highly skilled workforce for the semiconductor industry through our partnership with GlobalFoundries,” said Dr. Roger Ramsammy, president of Hudson Valley Community College.

“We congratulate GlobalFoundries on this crucial milestone. Federal investment in GF’s New York manufacturing capabilities will spur regional economic development and build upon the company’s longstanding and highly positive impact on the Capital region, and its investments here. This funding will further strengthen the vital partnership between SUNY and GF, allowing more SUNY students to gain experiential learning through apprenticeships and internships, and making New York the national model for education and workforce development in the semiconductor industry,”said State University of New York Chancellor John B. King, Jr.

“The first and largest 200mm semiconductor manufacturing facility of its kind in the U.S., GF’s Vermont fab is a cornerstone of the state’s economy and a key partner for the University of Vermont’s work as a national research university. Through collaborative programs with UVM and other institutions in Vermont, it is a place where so many young people in our region find their future. CHIPS funding will help ensure the commercial viability of this site for years to come and enable GF and UVM to build upon our recent EDA Tech Hub designation to create internships, apprenticeships, workforce development programs, and advanced research initiatives in the Green Mountain State. We applaud this federal investment in GF and the entire Vermont community,” said Kirk Dombrowski, Vice President for Research and Economic Development at UVM.

About GlobalFoundries

GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development, and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com. 

©GlobalFoundries Inc., GF, GlobalFoundries, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All other trademarks are the property of their respective owners. 

Forward-looking Information

This press release includes “forward-looking statements” made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include but are not limited to, statements regarding our financial outlook, future guidance, product development, business strategy and plans, and market trends, opportunities and positioning. These statements are based on current expectations, assumptions, estimates, forecasts, projections and limited information available at the time they are made. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” “outlook,” “on track,” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a broad variety of risks and uncertainties, both known and unknown. Any inaccuracy in our assumptions and estimates could affect the realization of the expectations or forecasts in these forward-looking statements. For example, our business could be impacted by geopolitical conditions such as the ongoing political and trade tensions with China and the wars in Ukraine and Israel; the market for our products may develop or recover more slowly than expected or than it has in the past; we may fail to achieve the full benefits of our restructuring plan; our operating results may fluctuate more than expected; there may be significant fluctuations in our results of operations and cash flows related to our revenue recognition or otherwise; a network or data security incident that allows unauthorized access to our network or data or our customers’ data could result in a system disruption, loss of data or damage our reputation; we could experience interruptions or performance problems associated with our technology, including a service outage; and global economic conditions could deteriorate, including due to increasing interest rates, rising inflation and any potential recession. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make. You should not rely upon forward-looking statements as predictions of future events. 

Although we believe that the expectations reflected in our statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances described in the forward-looking statements will be achieved or occur. Moreover, neither we, nor any other person, assumes responsibility for the accuracy and completeness of these statements. Except to the extent required by federal securities laws, we undertake no obligation to update any information or any forward-looking statements. Investors are urged to review in detail the risks and uncertainties discussed in our 2022 Annual Report on Form 20-F, current reports on Form 6-K and other reports filed with the Securities and Exchange Commission.

Media Contacts:

For NY:
Erica McGill
[email protected]

For VT:
Gina DeRossi
[email protected]