Dansko ESOP Update 06.26.2020

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Dansko,

We wanted to give you a brief update on our annual ESOP review.  Under normal circumstances, we would review the December 31, 2019 ESOP valuation at our June group meeting. Unfortunately, due to COVID-19, we are unable to gather all of us in the showroom, and perhaps more importantly, the individual 12/31/2019 ESOP participant statements have been delayed. We do expect to receive the final statements by the middle of July. Once that is confirmed, we will set up smaller group meetings to review the ESOP valuation, share participant statements, and discuss the anticipated impact of COVID-19 on the December 31, 2020 valuation.

We will follow up as we get more information.

Have a safe and fun weekend.


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