Emerald Holding, Inc. · NYSE:EEX
Emerald — Corporate Update (May 2020)
6 slides from Emerald's corporate update, May 19, 2020
Slide 1: Emerald Insurance Update May 19, 2020
Emerald Insurance Update May 19, 2020 Exhibit 99.1 [company logo]
Slide 2: Forward-Looking Statements
Notes Forward-Looking Statements This document contains certain forward-looking statements regarding Emerald Holding, Inc. (the “Company”), including, without limitation, the Company’s ability to recover proceeds under its current event cancellation insurance policy and the timing and amount of any
Slide 3: Summary of Emerald's Event Cancellation Policy and Coverage
Summary of Emerald’s Event Cancellation Policy and Coverage Insurance Policy Coverage: As previously discussed in recent SEC filings and its first quarter 2020 earnings call, Emerald maintains event cancellation insurance to protect against losses due to the unavoidable cancellation, postponement, r
Slide 4: Calculation of Insurance Coverage; Illustrative Calculation
Update on Emerald’s Event Cancellation Policy and Coverage Calculation of Insurance Coverage; Illustrative Calculation: Emerald’s policy provides coverage for the budgeted amount of gross revenues (less avoided costs but including certain costs relating to the taking of remedial action), for individ
Slide 5: Active Claims Processing Ongoing; Initial Confirmation of Coverage by Insurers
Update on Emerald’s Event Cancellation Policy and Coverage Active Claims Processing Ongoing; Initial Confirmation of Coverage by Insurers Claims Submissions: Emerald is in the process of pursuing claims for each event cancelled to date by circumstances related to the COVID-19 pandemic in 2020. To da
Slide 6: Risks Related to Revenue and Insurance Proceeds
Update on Emerald’s Event Cancellation Policy and Coverage Risks Related to Revenue and Insurance Proceeds: COVID-19 has negatively impacted, and will in the future negatively impact, to an extent we are unable to predict, Emerald’s revenues from our in-person events, which depend on our ability to