25. 06. 2009 - The Results of the Czech Airlines Annual General Meeting

Prague, 25 June 2009

The Annual General Meeting held on 24 June 2009 approved the Management Board’s Annual Report on the company’s activities and assets for 2008, the regular financial statement for 2008, and a proposal on the distribution of profit.  The General Meeting also noted that the key indicators of the OK 2006-2008 Strategy were met and that the implementation of the 2006 – 2008 Strategy was therefore successful.

The General Meeting also took note of information concerning the fulfilment of Czech Airlines 2009 – 2013 Strategy, approved by the company’s General Meeting in 2008, and the financial objectives of the approved strategy for 2009 – 2010 were updated due to the worldwide economic crisis.  The basic principles of the 2009 – 2013 Strategy remain applicable.  This information was presented to the General Meeting by the company’s President, Ing. Radomír Lašák, MBA.

At the end of the meeting, the agenda included a change in the membership of the Czech Airlines Supervisory Board.  At the suggestion of the majority shareholder, i.e., the Ministry of Finance of the Czech Republic, the General Meeting elected, effective 24 June 2009, Mgr. Roman Boček, MBA, Deputy Minister of Transport, as a member of the Supervisory Board.  In this position, he will be replacing a current member of the Supervisory Board, JUDr. Daniela Kovalčíková.

The professional curriculum vitae of Mr. Boček is available on the Ministry of Transport website at http://www.mdcr.cz/cs/Ministerstvo_dopravy/Management/roman_bocek.htm

Hana Hejsková
Communications Director
Czech Airlines Press Spokesperson