clarification    

Due to recent events, KARDIAM would like to hereby clarify the following:

The company KARDIAM Diamantwerkzeuge GmbH, Claude-Dornier-Str. 17, 88239 Wangen / Schauwies, GERMANY, with all its representatives, is not in any way connected to the company KARDIAM BVBA, Hovenierstraat 30, Office 908, 2018 Antwerpen, BELGIUM!

We neither hold any shares of this company, nor do we have any other business relationships with the company.

We want to clearly distance ourselves from the business practices and the procurement of materials.

As we’re working in the construction and stone industry, we serve a completely different group of customers than KARDIAM BVBA, which occurs as a jeweller trading with gold and jewellery. In our company, there is no exception to the rule that only synthetic industrial diamonds are processed.

Since there is only a similarity of the businesses names with no further connections, there are no sanctions against our company KARDIAM diamond tools from Germany with respect to the (CFSP) 2015/1488 of the EU Council 02:09:15 Implementing Decision.

Matthias Thanner (Managing Director)