Polaris Provides Business Update Related to COVID-19 - Seite 2

Suspending Select Plant Operations
The Company is suspending production schedules and plant operations for one week at select powersports plants, effective Tuesday, March 24^th. Polaris is continuing to diligently manage its business, adjusting production schedules based on current demand signals and continued market uncertainty. During the first quarter of 2020, Polaris reduced shipments in anticipation of weaker retail demand due to the COVID-19 outbreak. Polaris will continue to evaluate the safety of its employees, external market demand, its supply chain and distribution network, government mandates and local orders, among other factors, when considering any further actions regarding the Company’s business operations. Affected plants include:

• United States: Huntsville, Alabama; Spirit Lake, Iowa; Monticello, Minnesota; Roseau, Minnesota; Battle Ground, Washington; Osceola, Wisconsin
• Mexico: Monterrey
• Poland: Opole

During this time, Polaris will continue to ship finished vehicles to dealers, as well as produce products that are considered essential by the Cybersecurity & Infrastructure Security Agency (“CISA”), including vehicles built or upfitted for the U.S. military; federal, state or local governments; or customers who are critical to shipping and delivery services. The Company will continue to manufacture and deliver boats to meet retail customer orders; and its distribution centers will continue to operate, shipping parts, garments and accessories to dealers and customers.

Supporting Employees
To help support employees, Polaris has established a new COVID program under which U.S. employees may choose to receive up to 10 days of pay. Employees are able to use this benefit for income replacement in the event of COVID-related quarantine, illness, or suspension of plant operations.

Polaris has already implemented, and will continue, enhanced health and safety protocols at its facilities, including bolstering cleaning and disinfecting procedures, suspending all non-essential visitation, and directing employees to work from home where feasible. At our distribution centers and manufacturing facilities, we have implemented several new processes around social distancing, including staggered breaks and start times, and adjustments to work spaces.