1 August 2024

Colt CZ Group SE announces appointment of new member of its Board of Directors

Prague (August 1, 2024) ― Colt CZ Group SE (“Colt CZ”, the “Group” or the “Company”) hereby announces the appointment of Mr. Radek Musil as member of the Board of Directors effective August 1, 2024. Radek Musil is the CEO of Sellier & Bellot a.s. (“Sellier & Bellot”), a subsidiary of Colt CZ.

Radek Musil has been with Sellier & Bellot since 1999, when he became its CEO and Chairman of the Board. Previously, he worked for the Czech company TON. He is a graduate of the Faculty of Nuclear and Physical Engineering at the Czech Technical University in Prague and of the Thunderbird School of Global Management in Phoenix, USA. On the Board of Directors of Colt CZ, Mr. Musil will represent the ammunition segment, in which he has extensive experience and knowledge.

 About Colt CZ Group SE 

Colt CZ Group (Colt CZ) is one of the leading producers of firearms and ammunition for military and law enforcement, personal defense, hunting, sport shooting, and other commercial use. It markets and sells its products mainly under the Colt, CZ (Česká zbrojovka), Colt Canada, CZ-USA, Dan Wesson, Sellier & Bellot, Spuhr, swissAA and 4M Systems brands.

Colt CZ Group is headquartered in the Czech Republic and employs more than 3,600 people in its production facilities in the Czech Republic, the United States, Canada, Sweden, Switzerland, and Hungary. Colt CZ has been listed on the Prague Stock Exchange since 2020 and the majority shareholder is Česká zbrojovka Partners SE holding.

 Contact for media                                                                 Contact for investors

 Eva Svobodová                                                                      Klára Šípová

External Relations Director                                                     Investor Relations

Colt CZ Group SE                                                                  Colt CZ Group SE

Phone: +420 735 793 656                                                       Phone: + 420 724 255 715           

email: media@coltczgroup.com                                            email: sipova@coltczgroup.com