Dear All,Please pay particular attention to the highlighted section below concerning the registration of receivables in the insolvency proceedings of the debtor Sberbank CZ, a.s. v likvidaci.We would like to hereby inform you that Sberbank CZ, a.s. v likvidaci, Identification No.: 25083325, with its registered office at U Trezorky 921/2, Jinonice, 158 00 Prague 5, registered in the Commercial Register maintained by the Municipal Court in Prague, Section B, Insert No. 4353 (“Sberbank CZ ”), has filed for insolvency pursuant to Sec. 98 of Act No. 182/2006 Sb., on Bankruptcy and Methods of Its Resolution (Insolvency Act), as amended (“Insolvency Act”). This Notice provides basic information for clients of Sberbank CZ with respect to the commenced insolvency proceedings.On 30 April 2022, the banking license of Sberbank CZ has been revoked based on the final and conclusive decision of the Czech National Bank Ref. No. 2022/38793/570. On the basis of Resolution of the Municipal Court in Prague Ref. No. 83Cm 810/2022-7, dated 2 May 2022, Sberbank CZ has entered into liquidation on 2 May 2022 and JUDr. Jiřina Lužová was appointed as its liquidator (“Liquidator”).After her appointment, the Liquidator took steps to ascertain the current financial situation of Sberbank CZ and to liquidate it. Having thoroughly assessed the financial situation of Sberbank CZ, the Liquidator concluded that Sberbank CZ was bankrupt in both forms of bankruptcy, i.e. insolvency as well as over-indebtedness pursuant to Secs. 3 (1) and (4) of the Insolvency Act. Therefore, the Liquidator filed for insolvency on behalf of the debtor with the Municipal Court in Prague on 29 July 2022. The insolvency petition will now be decided on by the Municipal Court in Prague.Please note that the commencement of the insolvency proceedings does not in any way influence the duty of Sberbank CZʼs clients to repay their debts to Sberbank CZ. AGREEMENTS CONCLUDED WITH SBERBANK CZ CONTINUE TO BE VALID AND EFFECTIVE. IN ADDITION, THE COMMENCEMENT OF THE INSOLVENCY PROCEEDINGS HAS NO INFLUENCE UPON THE DUE DATE OF DEBTS OF SBERBANK CZʼS CLIENTS, WHICH REMAINS UNCHANGED AT THE MOMENT. As clients of Sberbank CZ have already been informed as part of the liquidation, a special repayment account has been opened at Sberbank CZ for the due repayment of regular monthly installments (for each loan). You will find detailed instructions regarding loan repayment in the https://www.sberbank.cz/cs-cz/novinky/informace-pro-klienty-ohledne-splaceni-uveru Information to Clients on Loan Repayment section.These instructions continue to apply.If the Municipal Court in Prague declares bankruptcy over the assets of Sberbank CZ, any receivables of creditors of Sberbank CZ recorded in its accounting are considered automatically registered in the insolvency proceedings, so please DO NOT REGISTER these receivables.Recorded in the accounting of Sberbank CZ are all receivables known to Sberbank CZ (including receivables for payment of the deposit in an account, unpaid invoices, pro-rata portions of loyalty bonuses, safe deposit box rental overcharge, refundable deposits for the issuance of keys to safe deposit boxes, bonuses upon due repayment of a “bonus loan,” etc.). If the Municipal Court in Prague declares bankruptcy over the assets of Sberbank CZ, the insolvency trustee will provide each creditor having their receivable recorded in the accounting of Sberbank CZ with a notification informing the creditor about the amount of their receivable from Sberbank CZ and that their receivable is considered to be registered in that particular amount. A creditor disagreeing with the amount or character of their receivable as indicated in the notification received from the insolvency trustee may then raise a written objection with the insolvency trustee within 4 months from the date on which bankruptcy was declared over the assets of Sberbank CZ; should the creditor not do so, they shall be deemed to agree with the data provided in the notification. If a creditor does not receive any notification whatsoever regarding their receivable from the insolvency trustee, they may raise an objection with the insolvency trustee within 3 months from the publication date of an extract from the decision on the declaration of bankruptcy in the Official Journal of the European Union; in their objection, the creditor will state that the insolvency trustee has not delivered any notification to the creditor regarding their receivable and specify the amount of their receivable from Sberbank CZ as of the date on which bankruptcy was declared over the assets of Sberbank CZ.Detailed information on the commenced insolvency proceedings will be published on the website of the bank.Should you have any additional questions, please refer to the https://www.sberbank.cz/cs-cz/novinkyFrequently Asked Questions section.Yours faithfully,Sberbank CZ, a.s. v likvidaciJUDr. Jiřina Lužová, Liquidator