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Davy Coronavirus (Covid-19) - CEO Update

12 March 2020

This is how we at Davy are responding to the challenges of Coronavirus (Covid 19)

Over the coming weeks and months as we and the country deal with the effects of the growing threat, our guiding principles must be to do what we can to reduce the risk to our clients and our people. We are paying close attention to what health authorities here and overseas are recommending and acting accordingly. We have required people returning from high risk areas to self-isolate for appropriate periods. Unnecessary travel and our overseas conferences have been cancelled. We are splitting our critical teams across multiple locations to reduce the likelihood of cross contamination and ensure we have resilience across the business. Our staff have the necessary technology to work from multiple locations including their homes.

It is entirely understandable that our clients will be concerned about their portfolios at this time. However be assured that our investment teams and advisors are fully engaged with events in the markets and will continue to communicate pro-actively in this regard.

We will continue to put appropriate resources and time into planning for the next phase as we seek to protect our clients and our people and continue to deliver the service that our clients have come to expect.

More updates to follow. Please stay well,

Brian McKiernan