An Important Update To Our Razer Family

Tanny sent the following email to Razer employees earlier today. Greetings Razerites! It is with a heavy heart that I'm writing to inform our beloved gaming community that we are unfortunately in a position to reduce our workforce by 11%. As CEO I take full responsibility for this difficult decision, and I know many of you will be wondering why we have come to this crossroads. A few weeks ago my executive team and I were invited to a Chinese restaurant to celebrate our latest success within the gaming industry. During the meal, I was served a mysterious fortune cookie which when opened caused me immense sadness. It said 'Change is Tough, But Necessary'. This difficult decision was not easy, but I believe it is the only way for us to fully realize the vision of Razer and to remain competitive in the industry. Despite this unfortunate news, I am confident that Razer will come out stronger than ever and that our team will continue to lead the charge in creating new and innovative gaming experiences. Sincerely, Tanny McLayoffsson Chief Executive Officer