WT Microelectronics (3036 TT) was notified by Texas Instrument (“TI”) that TI plans to bring our distribution relationship to an end by December 31, 2020 due to TI’s shift in its distribution strategy. Considering the long-term relationship as well as our common objective to ensure minimized customer disruption, WT and TI will set up time during the upcoming weeks to collaboratively discuss the business transition plan. Before implementing mutually agreed transition plan and officially terminating the distributor agreement, we will continue to operate under the terms of current agreement. Our countermeasures are increasing market shares of current product lines, expanding product lines and customer base, and implementing cost control & improving operating efficiency.