Thor Industries Appoints Chandria Harris as Chief People and Inclusion Consultant

ELKHART, Ind., Aug. 20, 2020 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced that it has engaged Chandria Harris to serve as Thor's Chief People and Inclusion Consultant. In June, Thor reconfirmed its commitment to fostering a more inclusive work environment for all of its employees.

In her role, Ms. Harris will be responsible for overseeing the inclusion strategies for Thor Industries Corporate Office reporting directly to Bob Martin, President and CEO, and Ken Julian, SVP Administration and Human Resources.

The appointment of Ms. Harris is a testament to her broadly recognized ability to successfully train and develop professionals, specifically coaching and advising Senior C-Suite Leaders on developing and implementing strategies for an inclusive and diverse workplace. "Chandria's exceptional career has focused on creating a culture for people to be centered, valued, and appreciated for their contributions. Her experience combined with her commitment and passion to develop people to perform at their best, while introducing strategies to drive greater inclusion at every level of an organization makes her uniquely suited for this opportunity," stated Mr. Martin.

"It is my honor and privilege to have received such a distinguished appointment. I admire Thor's Executive Leadership Team's desire to foster a more inclusive work environment for all employees and future employees to come. At the core of inclusion is belonging. My goal is to ensure that the leadership team is equipped with the resources needed to enhance their strategies and best practices for inclusion," offered Ms. Harris.

About Thor Industries, Inc.
Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com.

Forward-Looking Statements
This release includes certain statements that are "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon Thor, and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ materially from our expectations. Factors which could cause materially different results include, among others, the extent and impact of the coronavirus pandemic and various governmental mandates imposed due to the pandemic on retail customer demand, our independent dealers, our supply chain, our production and the resulting impact on our consolidated results of operations, financial position, cash flows and liquidity; the effect of raw material and commodity price fluctuations; raw material, commodity or chassis supply restrictions; the impact of tariffs on material or other input costs; the level and magnitude of warranty claims incurred; legislative, regulatory and tax law and/or policy developments including their potential impact on our dealers and their retail customers or on our suppliers; the costs of compliance with governmental regulation; legal and compliance issues including those that may arise in conjunction with recently completed transactions; lower consumer confidence and the level of discretionary consumer spending, especially in the wake of the coronavirus pandemic; interest rate fluctuations; the potential impact of interest rate fluctuations on the general economy and specifically on our dealers and consumers; restrictive lending practices; management changes; the success of new and existing products, services and production facilities; consumer preferences; the ability to efficiently utilize existing production facilities; the pace of acquisitions and the successful closing, integration and financial impact thereof; the potential loss of existing customers of acquisitions; our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production; the loss or reduction of sales to key dealers; disruption of the delivery of units to dealers; increasing costs for freight and transportation; asset impairment charges; cost structure changes; competition; the impact of potential losses under repurchase or financed receivable agreements; the potential impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market and political conditions in the various countries in which our products are produced and/or sold; the impact of changing emissions and other regulatory standards in the various jurisdictions in which our products are produced and/or sold; and changes to our investment and capital allocation strategies or other facets of our strategic plan. Additional risks and uncertainties surrounding the acquisition of Erwin Hymer Group SE ("EHG") include risks regarding the potential benefits of the acquisition and the anticipated operating synergies, the integration of the business, the impact of exchange rate fluctuations and unknown or understated liabilities related to the acquisition and EHG's business. These and other risks and uncertainties are discussed more fully in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2019 and Part II, Item 1A of our quarterly report on Form 10-Q for the period ended April 30, 2020.

We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.

INVESTOR RELATIONS CONTACT
Mark Trinske
574-970-7912
mtrinske@thorindustries.com

MEDIA CONTACT
Renee Jones
425-503-8268
rjones@thorindustries.com

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SOURCE Thor Industries, Inc.