In the light of the coronavirus, we are focussed on continuing to provide the highest quality service to our clients as well as on the health and safety of our employees. Our global network of offices is taking proactive steps to ensure we are ready for a prolonged period of disruption, including in countries where the impact of the coronavirus has been limited to date.

Our Crisis Management Team, chaired by our Chief Risk and Compliance Officer, is monitoring developments and the latest guidance from the World Health Organisation very closely, and reporting to me and to Ocorian's leadership team regularly.

We have tested our business continuity plans and checked that staff who may need to work remotely are equipped and ready to do so. We have also implemented a Group-wide ban on business travel and are maximising the use of technology to communicate with our clients, key stakeholders and our global teams in order to maintain our client service delivery.

We have issued practical guidance to staff as well as important, scenario-based information on how to manage specific circumstances should they arise. In addition to our internal guidance, we check local government and relevant health agency guidance regularly in each of our operating jurisdictions and advise staff on how to apply it to their working environment.

We are confident that these steps will help us manage the potential impact of coronavirus on our business. However, we are mindful that this is a developing situation and we will take any additional measures required as the situation changes to mitigate the impact on individuals whilst continuing to service the needs of our clients effectively.