Announcement

MKTUPDTE: CAV: Update on COVID-19 and business continuity plan 01:12p.m. 
CAV  
27/03/2020 13:12  
MKTUPDTE  
NOT PRICE SENSITIVE  
REL: 1312 HRS Cavalier Corporation Limited  
 
MKTUPDTE: CAV: Update on COVID-19 and business continuity plan  
 
Cavalier Corporation Limited advises that its business continuity plan is now  
successfully in place, with a number of further actions being undertaken to  
preserve the future of the business and jobs.  
 
o In line with the Government-mandated lockdown, all New Zealand facilities  
are now closed and essential staff required for business continuity are  
working remotely.  
o The company is supporting access to Government subsidies and assistance for  
employees, where available.  
o Website orders are still being taken with delivery to be arranged  
post-lockdown.  
o In Australia, at this stage, the sales and business teams are continuing to  
work and orders are being taken, with stock available in-country.  
o All non-essential capital and operational spend has been delayed and all  
costs are being closely monitored.  
o Cavalier has engaged with its banking partner to ensure continued support  
and liquidity during this period.  
o As previously advised, the Company is unable to provide any earnings  
guidance for FY20. The Board will continue to monitor the situation and will  
keep shareholders and the market informed.  
 
27 March 2020  
 
ENDS  
 
For further information please contact:  
Paul Alston  
Chief Executive Officer  
palston@cavbrem.co.nz  
+64 21 918 033  
+64 9 277 1135  
 
Jackie Ellis  
Media and Investor Relations  
Jackie@ellisandco.co.nz  
+64 27 246 2505  
End CA:00350821 For:CAV Type:MKTUPDTE Time:2020-03-27 13:12:02  

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