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CTS regarding sale of subsidiary in Lithuania

On 19 September 2022 City Service SE (further – the Company) has signed the share purchase - sale agreement for the sale of UAB InHouse Digital and all of its subsidiaries, which were acquired in Portugal, the Czech Republic, Romania and Hungary from the end of 2021 until the transaction. UAB InHouse Digital and its subsidiaries were engaged in the production and development of IT products for apartment building managers, administrators, communities, etc.

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