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Investor Presentaiton

Uyghur Forced Labor Prevention Act: Rebuttable Presumption of Prohibition pillsbury Effective June 21, 2022, UFLPA will replace existing case-by- case implementation of WROS with a new broad U.S. import ban • All goods from XUAR will be presumed to be made with forced labor and banned from import • Also targets goods from yet-to-be identified entities both within and outside XUAR Section 3(a) IN GENERAL.—The Commissioner of U.S. Customs and Border Protection shall, except as provided by subsection (b), apply a presumption that, with respect to any goods, wares, articles, and merchandise mined, produced, or manufactured wholly or in part in the Xinjiang Uyghur Autonomous Region of the People's Republic of China or produced by an entity on a list required by clause (i), (ii), (iv) or (v) of section 2(d)(2)(B)— (1) the importation of such goods, wares, articles, and merchandise is prohibited under section 307 of the Tariff Act of 1930 (19 U.S.C. 1307); and (2) such goods, wares, articles, and merchandise are not entitled to entry at any of the ports of the United States. 12
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