COVID-19 UPDATE

Precision Tool Technologies, Inc. Supporting Essential Projects

March 27, 2020—During these uncertain times our thoughts are with you and your families. We are continuing to monitor the ongoing situation and are making adjustments to balance the needs of customers, the safety of our team members and the capacity of our operations. Like many of you, we are trying to do what we can to help our customers and the larger community navigate this challenging time.

ESSENTIAL OPERATIONS

Following the State of Minnesota government mandated “Shelter in Place ”order, Precision Tool Technologies, Inc was designated by certain customers that are part of the essential “Critical Infrastructure” industries exemption as a “Critical Infrastructure” supply chain vendor. We are manufacturing needs of these clients, and continue manufacturing operations today. Through these efforts we endeavor to help keep our clients in the medical, defense, food and other designated Critical Infrastructure industries moving forward in these unprecedented times.

CUSTOMER PROJECTS AND COMMUNICATIONS

Precision Tool Technologies team members are contacting customers regarding any status changes to project(s) as soon as possible. We are supporting incoming projects that meet the state and federal guidelines for supply chain needs in the Critical Infrastructure industries to the best of our abilities during these rapidly changing times. The company is working on providing delivery times for all non-critical projects and we will communicate any changes to these project as status changes.

PROTECTING THE HEALTH AND SAFETY OF OUR EMPLOYEES AND THEIR FAMILIES

As always, the safety and wellbeing of our team and their families is of utmost importance. Therefore, we are taking additional precautions per CDC guidelines including increased distancing, heightened disinfection protocols throughout our facilities and other steps to minimize the risk to our colleagues who have volunteered to return to work on these critical projects.

We thank you for your understanding and support during this difficult time. It is our sincere hope that you and your loved ones remain safe and healthy. Together, we will get through this.

Sincerely,