CANYON BICYCLES GMBH

Represent and advise the company for the correct operation in the Peruvian market Canyon identified products in which there would be a manufacturing fault that would potentially put a certain number of consumers at risk in their use. Demonstrate non-infringement of consumer legislation The possibility of a direct recall in Peru was analysed, given that Canyon has no legal status or representatives in Peru. Latest development We completed the first stage of the commissioned review.

Matter value – include currency and amount in figures :

From 0 to 450 UIT (US$. 643,750.00)

Is this a cross-border matter? If yes, please indicate the jurisdictions involved :

No

Lead partner :

Monica Germany

Other team members :

Jossimar Jimenez

Other firms advising on the matter and their role(s) :

No

Date of completion or current status :

In process.