Dear Partners, Customers, Suppliers, Investors, Colleagues and Friends.

The end of 2023 is just around the corner and as we bid the year farewell, it is with gratitude that we reflect on a few of the highlights and challenges.

The Alaris Group concluded a remarkable fiscal year 2023, marked by an increased order intake, heightened revenue and a global rebranding project. Maintaining resilience amidst worldwide uncertainty was possible due to the strategic emphasis placed on organic growth, innovation and mitigating risks from an operational perspective.

During the year, Alaris also experienced some challenges in the form of experienced RF resources, which remain a scarce skill in the industry worldwide. The Group continues investing in efforts to increase the expertise of its engineering and sales divisions.

Certainly one of the highlights of the year, was the introduction of the united brands of Alaris. A diverse range of subsidiaries were brought together under one umbrella. With a presence in multiple industries and geographies, Alaris needed a brand identity that would reflect its global position and unite its various businesses under a single brand identity. This new brand identity was launched in the beginning of September with resounding success and positive feedback.

During this year, substantial time and focus was allocated to innovation and new product development based on the strategic product roadmaps that were constructed in the previous year. Significant progress in the design of new products was accomplished and it provides a sense of pride and excitement to notice what can be achieved by the highly skilled teams in the Group.

Geopolitical instability is on the minds of the world and world leaders. As a result of this, various countries, especially in Europe, have kept their defence spending at an increased level. This is viewed as a considerable opportunity for the Group and Alaris is well positioned to provide technologically advanced products to address the needs and provide solutions to concerns countries have.

The success experienced would be incomplete without expressing our sincere gratitude towards our partners and customers worldwide for your valued support and confidence in the Alaris Group of companies, our people, our technologies, and our services.

Our suppliers we thank for the untiring effort in supplying components and goods to us, even under pressured circumstances. This assisted us to propel forward and provide our customers with technologically advanced solutions they deserve.

To all our shareholders, I wish to extend a word of appreciation for your trust and commitment to Alaris, your continued support and faith in our ability to grow the business, as well as your patience during the restructuring process.

I want to express my sincere gratitude to each and every employee of the Group for their dedication, perseverance and commitment during this year. A remarkable financial year was achieved and with resilience we continued for the remainder of 2023. We are very grateful to all our colleagues and their families for the outstanding support received this year. Although various pressures are experienced, you pulled through and remained focused on the tasks at hand – I thank you for that!

On behalf of Alaris Antennas, Alaris COJOT, Alaris mWAVE, Alaris USA, Alaris Linwave and Alaris  Kuhne, as well as the Alaris Holdings Board, we would like to wish you all a happy festive season. Further, a healthy and prosperous New Year and we are looking forward to collaborating with you again in 2024 to achieve new heights and success.

Best regards

Juergen