From: Sarah Kim <s.kim@novatekinc.com> To: All Department Managers Date: March 3 Subject: Annual Budget Review Meeting Dear Managers, The annual budget review meeting will be held on March 15 from 10:00 A.M. to 12:00 P.M. in Conference Room A. Each department is required to prepare a summary of expenditures for the current fiscal year and a proposed budget for the next fiscal year. Please submit your reports to me by March 10 so that I can compile them before the meeting. If you have any questions regarding the format, please refer to the template attached to this e-mail. Best regards, Sarah Kim Finance Director

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