The Management Board of Orzeł Biały S.A. (“The Company”) announces that, in accordance with Article 19 Point 2 Subpoint 2) of the Company’s Articles of Association, pursuant to which the Supervisory Board is entitled to make the appointment of the auditor of financial statements, § 3 Point 2 b) of the Rules of Procedures of the Supervisory Board of Orzeł Biały S.A. and in accordance with applicable regulations and professional standards, on 04.26.2016 the Supervisory Board of Orzeł Biały S.A. adopted Resolution No 750/IX/2016 according to which the review and audit of financial statements of the Company Orzeł Biały S.A. and consolidated accounts of the Group Orzeł Biały for the years 2016-2018 will be performed by PricewaterhauseCoopers Sp. o.o. (PwC) with its registered office in Warsaw, Armii Ludowej 14, which is registered on the list of entities authorized to audit financial statements by the National Council of Statutory Auditors under 144.
The agreement with the auditor will be concluded for such a period as to allow the review and audit of financial statements for the years 2016, 2017, 2018.
So far, the Company has not used the services of the selected entity for the review and audit of separate financial statements of the Company and the consolidated accounts of the Group.
Legal basis: RMF GPW §5 Para.1 Pt. 19