In connection with the Business Efficiency Program, management of the Company determined on April 11, 2024 to close the facility in Greifswald, Germany. The Company currently expects to incur total costs ranging from approximately $13.5 million to $18.4 million in connection with the closure of the facility. This includes cash charges ranging between approximately $13.3 million and $17.6 million in severance, outplacement and related expenses and a range of approximately $0.7 million to $1.3 million in lease exit costs, as well as non-cash charges of approximately $0.2 million in accelerated depreciation expenses. The Company expects these charges to be fully incurred in fiscal year 2024 with cash payments expected to span into 2025.