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Pegas Board Approves Move of Corporate Seat

Head office will move from Luxembourg to the Czech Republic

The Extraordinary General Meeting of Pegas Nonwovens approved the project to relocate the corporate seat of the company to the Czech Republic.

The Extraordinary General Meeting resolved to change the nationality of the company from Luxembourg nationality to Czech nationality and directed the board of directors to transfer the head office to the Czech Republic.

The Extraordinary General Meeting also ratified the co-optation of Mr. Michal Smrek and appointed Mr. Jakub Dyba as non-executive directors of the company.

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