COMPANY UPDATES

June 4th, 2020

To: Drake Equipment and United Truck Bodies Vendors and Customers

From: Angel Herrera, President and CEO

Re: Drake Equipment Fire Update and Thanks

Dear Customers and Partners:

This note is to provide you with a brief update on the fire that occurred at our main offices located at 2235 S 19th Ave, Phoenix AZ 85009. As you know on May 10, 2020, at approximately 2 pm we suffered a major fire that required over 100 firefighters to contain.

The fire totally destroyed our offices, our showroom, major parts of our warehouse and caused severe damages to the rest of the building as you can attest from the attached pictures.

Fortunately, no one from our team was hurt and we have only material losses to overcome.

As of May 21, 2020, we have been able to re-establish operations at our annex located at 2201 S 19th Ave and like THE PHOENIX we are rising from the ashes and continue to provide our customers and clients the outstanding service and product quality that Drake has been known for over 90 years.

On behalf of myself but more importantly, on behalf of the Drake Truck Bodies team and the over 60 families that depend on Drake to make a living particularly in these challenging times, I want to thank you for your support and encourage you to visit us soon.

Sincerely,

Angel Herrera, President & CEO

Previous Update

To : Drake Equipment Arizona Clients , Vendors and Staff

From : Angel Herrera, President and CEO Drake Truck Bodies, LLC

Re : Fire at Drake Equipment Arizona

This is to inform you that yesterday we experienced a 2 alarm fire at our main offices located at 2235 S. 19th Ave , Phoenix , Arizona . The fire destroyed our showroom and first and second floor offices but apparently did not cause major damages to our manufacturing or installation facilities . We will not know for sure until the Fire Marshall allows us re-entry to the premises some time today .

Fortunately, no one from our staff was hurt!! At this time , we are waiting to regain access to the building and to more comprehensively assess the damages in order to establish our reactivation plan .

We anticipate to be back in operations shortly and encourage you to contact your sales associates for more specific information. I will continue providing guidance in the coming days and we thank you for your support and patronage.

Stay Safe and Healthy ,

Angel Herrera

angel@drakeequipment.com

Staff Directory

Dave Drake

Cell: 602-909-9624

dave@drakeequipment.com

Duncan Miller, Sales Representative

Cell: 612-968-3976

duncan@drakeequipment.com

Al Beukovic, Sales Representative

Cell:602-434-6052