Enhances Financial Strength and Flexibility The Company has drawn $98.8 million on its revolver under its current credit agreement to ensure sufficient liquidity. As of March 23, 2020, Malibu had cash and cash equivalents in excess of $130 million. Withdraws Fiscal Year 2020 Outlook The Company is withdrawing fiscal year 2020 outlook provided on February 6, 2020, given the unprecedented uncertainty related to the COVID-19 pandemic. Malibu expects to provide further updates on its fiscal third quarter 2020 earnings call. About Malibu Boats, Inc. Based in Loudon, Tennessee, Malibu Boats, Inc. (MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats.