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Clearway Capital Secures Creditor Support for GZO Restructuring

Zurich, September 9, 2025 – Clearway Capital has expressed gratitude towards the 164 creditors who supported its proposals at the GZO creditors' meeting on September 8. These creditors, with claims totaling CHF 165 million, endorsed the need for alternative plans to facilitate the successful restructuring of GZO AG.

The meeting resulted in two Clearway-nominated individuals being elected to the creditors' committee. This outcome ensures a majority representation for financial creditors on the committee, prioritizing the interests of capital providers in the ongoing restructuring process.

Additionally, Clearway acknowledges the participation of GZO AG's approximately 250 employees. Clearway is dedicated to collaborating with all parties to reach a balanced and sustainable resolution that protects creditor interests while also considering employee concerns.

R. E.

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