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PraxisIFM and COVID-19

16 March 2020

As a global financial services business we have established business continuity planning procedures in place which are constantly reviewed and updated.

In light of the potential impact on our business caused by widespread contagion of COVID-19 (coronavirus) we have put the following measures in place which are designed to protect our staff the continuity of service for our clients and the wider community.

Business travelOnly essential business travel will be undertaken until further notice. By postponing non-essential business trips we hope to contribute to our global governments' efforts to minimise the spread of coronavirus.Client meetingsIn the interests of our clients and staff we request that non-essential meetings at our offices are postponed and that essential meetings are carried out by telephone or video conference until further notice.

We are encouraging the use of telephone and conference calls in the interim and look forward to seeing our clients again soon.

Remote workingWith effect from 16 March 2020 we have implemented a Group-wide social distancing policy. With the inevitable impact that school closures and government lock-downs will have on our workforce we have asked for a minimum of 50% of staff work from home. In some locations such as Amsterdam ADGM and Hong Kong we have the majority of staff home working.

If you would like to discuss our business continuity plans further please do not hesitate to get in touch with your regular contact or Director.

 

Robert Fearis

PraxisIFM Group Chief Executive Officer

16 March 2020

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