Merger Announcement: KEESTRACK CZ to Acquire K-PARTS and CANIMMO

Please find attached the official joint notice to creditors, employees, and shareholders of K-PARTS s.r.o., CANIMMO s.r.o., and KEESTRACK CZ s.r.o. regarding the planned merger by acquisition.

Summary of the Document:

• The merger involves the transfer of all assets, rights, obligations, and liabilities from K-PARTS s.r.o. and CANIMMO s.r.o. (the “Dissolving Companies”) to KEESTRACK CZ s.r.o. (the “Successor Company”). Upon registration, the Dissolving Companies will cease to exist without liquidation, and all their property will be transferred to KEESTRACK CZ s.r.o.
• Creditors have the right to request adequate security if the recoverability of their existing claims is likely to deteriorate due to the merger. This right must be asserted before a court within three months from the publication of the transformation project. This also applies to future or contingent claims. Filing such a petition does not prevent the registration of the merger.
• No participating company has issued convertible or preference bonds or other equity securities with special rights, so the notice does not include rights under Sections 37 and 38 of the Transformation Act.
• Shareholders of the dissolving companies may request information about other entities involved in the transformation, provided it is relevant to the merger.
• All employment rights and obligations will transfer in full to the successor company. Employees are not entitled to any special rights under the Transformation Act, but will be informed and offered the opportunity to discuss the merger in accordance with the Labour Code.

Best regards,

Kees Hoogendoorn, Annet Schoenmaker, Freek Hoogendoorn & Peter Hoogendoorn