NOTICE OF A CHANGE IN THE POSITION OF CFO OF CZ LOKO A.S.

28.04.2020

Dear business partners,

On 1 May 2020, there will be a change in the position of CFO of CZ LOKO a.s.

The new CFO will be Mrs. Romana Szitová, who will replace Mr. Michal Holý. We would like to thank Mr. Holý for his long-term cooperation with our company and wish him best of luck in his future work and personal endeavours.

Mrs. Romana Szitová has been working in CZ LOKO a.s. since 2004 in the position of Head of System Controlling. Her experience in process and financial control will be a significant help in the long-term strategic strengthening of the company in the European market for the production of powered rolling stock.

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