January 4, 2021

Dear Valued Customer,

I hope you, your team and your families are staying safe and healthy. At FLIR, we are starting off the New Year with some important news. FLIR has entered into a definitive agreement to be acquired by Teledyne Technologies. We are excited about the opportunities we see to become an even stronger partner to customers, as we join forces with a company that shares our focus on continuous innovation and operational excellence.

Teledyne is a manufacturer and supplier of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Together, we will offer a uniquely complementary end-to-end portfolio of sensory technologies for all key domains and applications across a well-balanced, global customer base. In addition, we have similar business models, including serving respective markets and customers with sensors, cameras and sensor systems.
As we move forward, bringing innovative sensing solutions into daily life remains our top priority. By joining Teledyne, we will be even better positioned to meet your evolving needs.
In terms of next steps, the transaction is expected to close in the middle of 2021. Until the closing, we’ll continue to operate as independent companies and it is business as usual. We remain as focused as ever on maintaining our strong relationships and will continue to work with you as we always have. We anticipate the transition will be seamless for you and your day-to-day business contacts should remain the same for the foreseeable future.

We will keep you updated throughout the process. As always, if you have any questions, please contact
your current representative.

Thank you for your support. We value our relationship and look forward to continuing to provide you
the innovative and high-quality products you have come to expect from FLIR.