Establishment of WBio a.s.

On August 23, 2023, WBio a.s. was entered into the Commercial Register as a subsidiary of Wood & Paper a.s. As its name suggests, the company took over part of the biomass business from W&P and made the first deliveries in October 2023. We expect that in the coming years, WBio will establish itself on the biofuels market as a significant supplier and reliable partner of industrial companies on their path to energy self-sufficiency.