PPF Financial Holdings moves its legal registered office from the Netherlands to the Czech Republic

PPF Financial Holdings B.V., servicing as an umbrella for PPF Group’s financial-sector investments (Air Bank, PPF banka, ClearBank, Home Credit a Mobi Banka), has moved its registered office from the Netherlands to the Czech Republic, effective 1 June 2021. As a result, company PPF Financial Holdings a.s. with legal address on Evropská 2690/17, 160 00 Prague 6, was entered into the Czech business registry.

PPF Announcement Regarding the CNB Regulatory Filing on Holders of Public Companies

During the ongoing inheritance proceedings, Ms. Renáta Kellnerová was appointed administrator of the estate of the late Petr Kellner. As such, she is listed as the holder of relevant public companies subject to regulation by the CNB. Ms. Kellner’s appointment as the administrator of the estate doesn’t mean the inheritance process is complete yet. Ms. Kellnerová is also the family representative during meetings of the recently formed PPF Group executive committee, which serves as an advisory body to CEO Ladislav Bartoníček.

The resilience of PPF’s industry and geographical spread is substantiated by a profitable second half in 2020. The Group is well placed to seize opportunities during the post-covid economic recovery.

PPF Group recorded a net profit of EUR 93 million in the second half of 2020. According to the consolidated and audited results PPF reduced its full-year net loss to EUR 291 million from EUR 384 million as at 30 June 2020.

Announcement of Planned Merger of PPF Group’s Affiliates with MONETA Money Bank

The affiliates of PPF Group (Home Credit NV, Home Credit International a.s. and Tanemo a.s.) and MONETA Money Bank a.s. have signed a framework agreement regarding their intended combination of Air Bank a.s., the Czech-Slovak operations of Home Credit, and Benxy s.r.o. (Zonky) with MONETA Money Bank.