New Board decides to not appeal SECO decision

Amsterdam / Chiasso, 22 December 2022 – N.V. (“”), the European Travel-Tech leader in Dynamic Holiday Packages, today held its first meeting of the newly constituted Board of Directors. The Board acknowledged and approved the decisions of its Swiss subsidiaries to not appeal the notification of the Swiss State Secretariat for Economic Affairs (SECO). The benefits received by the Swiss subsidiaries involved will be repaid, thus ending the procedure with SECO. The subsidiaries will now liaise with SECO to organise the payment of the requested amount.

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