Q1 2020 Results

Good resistance for the first quarter with revenue down 10%
Taking measures to control costs and preserve cash
Preparing for recovery and delivering on our responsibilities to all

•  Solid growth up to February, followed by material declines in March due to COVID-19
•  Optical business less affected, Online sales up double digits
•  Robust balance sheet and liquidity with Euro 4.9 billion in cash and short-term investments
•  Positioned for recovery with strong product pipeline and go to market strategy
•  Enhanced corporate citizenship to support communities, employees and customers