Summary

I. INTRODUCTION AND PARTIES

1. This case concerns a dispute submitted to the International Centre for Settlement of Investment Disputes ("ICSID" or the "Centre") on the basis of the Agreement between the French Republic and the Czech and Slovak Federal Republic on the reciprocal promotion and protection of investments, which entered into force on 27 September 1991 (the "BIT") and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, which entered into force on October 14, 1966 (the "ICSID Convention").

2. The Claimant is JCDecaux SE (the "Claimant"), a company incorporated under the laws of the French Republic.

3. The Respondent is the Czech Republic (the "Respondent").

4. The Claimant and the Respondent are collectively referred to as the "Parties". The Parties' representatives and their addresses are listed above on page (i).

5. This dispute relates to alleged breaches by the State in the period 2016 to 2019 of standards of protection guaranteed by the BIT and international law in relation to the Claimant's alleged investment in the Czech Republic, such breaches causing the Claimant damage and/or ultimately involving expropriation of such investment in or by November 2019.

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