CEO Update #5 - 31 March 2020

Good Morning Team,

Yesterday the PM announced a new initiative called JobKeeper. We have been accessing this overnight and have meetings scheduled with our external advisors first up this morning to ascertain what it means for everyone.

Once we have a clear line of sight on this program we will schedule a senior team meeting to run through the details. We hope to be in a better position later today today to provide further direction on what it means to everyone.

We have put a temporary hold on any 'stand downs' until we take onboard and process this new information.

As always we will be making decisions in the best interest of the whole team so we can get through this together.

Have a great morning and remember the social distancing practices so everyone remains healthy.

Kind Regards.

Mark Woelders

Managing Director