Investor Presentaiton

GENERAL CONDITIONS ACCORDING TO THE INVESTMENT INCENTIVES ACT The company must fulfil several conditions in order to be eligible for the state support: • • • • Implementation of investment project in the Czech Republic Environment-friendly activities, buildings, or facilities The commencement of work on the investment project only after the date of submission of the application for investment incentives Fulfilment of all general conditions within 3 years from the date when the Decision on granting Investment Incentives was issued. Possibility to extend the period by up to 2 years if the applicant cannot meet the conditions due to the spread of COVID-19, an official request must be submitted to the Ministry at least one month before the original deadline elapses and the reasons must be properly explained and proven. Other conditions according to the Government regulation. Only investment projects proving a higher added value can be supported (this condition does not apply in selected regions). • The following projects will qualify as higher added value: At least 80% of the employees performing work at the place of the investment project's implementation earns at least the average monthly wage in the region, and, at the same time • the recipient actively cooperates with a research organisation or university/college in the research and development area (in the amount of 1% of total eligible costs of the project), and the share of employees with a university degree at the place of the investment project implementation is at least 10%, or the share of research and development staff is at least 2% of the total number of employees, or the recipient acquired machinery and equipment for research and development purposes in the amount of at least 10% of the expected eligible costs of the project. 32

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