Savaria Declares Monthly Dividend

2020-05-22

Laval, Québec, Canada - May 22, 2020 – Savaria Corporation (“Savaria”) (TSX: SIS) one of the global leaders in the accessibility industry, declared on May 22th a dividend of 3.83 cents ($0.0383) per common share, in accordance with its monthly dividend policy, payable on June 11, 2020 to shareholders of record of the Corporation at the close of business on May 29, 2020. This is an eligible dividend within the meaning of the Income Tax Act.

About Savaria Corporation

Savaria Corporation (savaria.com) is one of the global leaders in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients. In addition, Savaria converts and adapts vehicles to be wheelchair accessible. The Corporation operates a sales network of dealers worldwide and direct sales offices in North America, Europe (Switzerland, Germany, Italy, Czech Republic, Poland and United Kingdom), Australia and China. Savaria employs approximately 1,450 people globally and its plants are located across Canada in Laval and Magog (Québec), Brampton, Beamsville and Toronto (Ontario) and Surrey (British Columbia), in the United States at Greenville (South Carolina), in Huizhou (China), in Milan (Italy) and in Newton Abbot (United Kingdom).

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For further information:

Marcel Bourassa
President and Chief Executive Officer
1.800.661.5112
mbourassa@savaria.com

Mauro Ferrara, CPA, CA 
Chief Financial Officer
1.800.931.5655, ext. 227  
mferrara@savaria.com 


www.savaria.com
Facebook: www.facebook.com/savariabettermobility
Twitter: twitter.com/Mobilityforlife