Ann: Thor Industries signs extension to Buddy Cloud relationship, page-2

Thor Industries (NYSE:THO) Signs Extension To Grow Buddy Cloud Relationship
SUMMARY

• Buddy Platform Limited and Thor Industries, Inc. (NYSE:THO) have agreed to a new statement of work which provides for a replacement of, and extension to, their existing relationship
• A higher monthly retainer for ongoing feature development work (US$124,950 per month) with an option for Thor to purchase additional services
• The statement of work also provides for transitioning the ongoing operation and support services from a fixed monthly fee to fees that are payable per hour or based on product delivered
• The statement of work is for a term of one year and will automatically renew unless cancelled.

Thanks for the update Dave!