Team,

On behalf of our family and Kroenke Sports & Entertainment, we would like to personally thank each and every one of you for your continued dedication and commitment to the organization in the most difficult of times. No individual or business has been unscathed during this pandemic. We've all been impacted deeply - professionally and personally. However, the collective spirit and resiliency of our colleagues has been overwhelming and awe-inspiring.

Employees are working hard every day. Employees are offering support and encouragement to their colleagues - some of whom have even lost loved ones. Employees are volunteering to assist not only those in dire need but also the courageous and selfless frontline workers. No words will ever do justice to the pride and gratitude our family has for your service to the company as you also continue to do all you can to help "flatten the curve."

KSE, Kroenke Sports Charities, and the Kroenke Family Foundation have responded in many ways to assist in crisis-relief efforts, including working with several of our business partners and numerous government and non-profit agencies to help tens of thousands of people affected by COVID-19. While supporting these efforts is an obligation and a privilege, our No. 1 priority remains the well-being of our employees - part-time and full-time. We announced last month that KSE would pay its variable and hourly employees through the end of the regular season once professional leagues announced the suspension of their seasons. Since then we have worked closely with many of these employees to help them better understand the CARES Act and benefits for which they are eligible.