Update April 2024: Under new tax legislation in the Czech Republic in effect since 1 January 2024, income tax on deferred share awards (PSUs, RSUs etc.) does no longer apply on the vesting / share transfer date, but will be deferred until the sale of shares (or, if earlier, the date when the employee leaves the company or the country), but maximum 10 years from the delivery date. If plan costs are borne by the local Czech employer, social security and health contributions, however, still apply on the vesting / share transfer date.

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