Current Report No. 19/2017: Appointment of financial auditor

The Management Board of KRUK S.A. of Wrocław (the “Company”) announces that on April 27th 2017 the Company’s Supervisory Board, acting pursuant to Art. 388.3 of the Commercial Companies Code as well as Art. 13.4 and Art. 14.2.17 of the Company’s Articles of Association, passed a resolution to appoint auditing firm KPMG Audyt Sp. z o.o. of Warsaw (“KPMG”) to audit the full-year separate financial statements of KRUK S.A. for the financial years 2017, 2018 and 2019 and the consolidated financial statements of the KRUK Group for 2017, 2018 and 2019. The resolution comes into force on April 27th 2017. The agreement to be concluded with the auditor will also provide for a review of the half-year financial statements of KRUK S.A. for H1 2017, H1 2018 and H1 2019 and of the half-year consolidated financial statements of the KRUK Group for H1 2017, H1 2018 and H1 2019.
The auditing firm’s registered address is Inflancka 4A, Warsaw, Poland. The firm is entered in the list of entities qualified to audit financial statements under entry number 458.
Company previously engaged KPMG Audyt Sp. z o.o. Sp. k. to audit the separate financial statements of the Company for the financial years 2011−2013 and the consolidated financial statements of the KRUK Group for the financial years 2011−2013, as well as to review the half-year separate financial statements of KRUK S.A. for H1 2011, H1 2012 and H1 2013 and the half-year consolidated financial statements of the KRUK Group for H1 2011, H1 2012 and H1 2013. The Company had also used the services of KPMG, with respect to audit of the separate financial statements of KRUK S.A. and the consolidated financial statements of the KRUK Group for the reporting periods in years 2005-2010.
The qualified auditor of financial statements was selected in compliance with the applicable regulations and professional standards.
The Supervisory Board agreed to the Management Board entering into an agreement with KPMG to the extent necessary to carry out the activities specified in this report.
The agreement with the auditor will be made for a period necessary to perform these activities.
Legal basis: Par. 5.1.19 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information […]