Selecting an audit firm to perform specific auditing activities

The Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego PEPEES S.A. (‘the Company’) hereby informs that on, 5 June 2018, the Supervisory Board of the Company, acting pursuant to Article 20(2)(9) of the Company’s Articles of Association, after familiarising themselves with the recommendation of the Audit Committee, selected the audit firm, i.e. WBS Audyt Sp. z o.o. with its registered office in Warsaw at ul. Grzybowska 4/U9B, registered as a registered audit company by the National Council of Statutory Auditors under No. 3685, to conduct:
- the audit of the Company’s annual financial statements for the years 2018 and 2019;
- the audit of the annual financial statements of the subsidiary ZPZ „LUBLIN” Sp. z o.o. with its registered office in Lublin for the years 2018 and 2019;
- the audit of the annual financial statements of the subsidiary company PPZ „Bronisław” Sp. z o.o. with its registered office in Bronisław for the years 2018 and 2019;
- the audit of the annual financial statements of the subsidiary CHP Energia Sp. z o.o. with its registered office in Wojny-Wawrzyńce for the years 2018 and 2019; and:
- the audit of the consolidated financial statements of PEPEES Group for the years 2018 and 2019, as well as:
- the review of semi-annual financial statements of the aforementioned companies and of consolidated financial statements of PEPEES Group prepared in the above-mentioned periods.
At the same time, the Supervisory Board ordered the Management Board of the Company to enter into an agreement with WBS Audyt Sp. z o.o. to carry out the aforementioned auditing activities.
The agreement with WBS will be concluded for the time of the performance of its subject.
The selection of WBS Audyt Sp. z o.o. was made in accordance with applicable regulations, in particular the Polish Act of 11 May 2017 on auditors [...] and on the basis of internal policies and procedures. The Company has not used the services of WBS Audyt Sp. z o.o. in the past.


Date         Name and surname         Position/Function             Signature
2018-06-06     Wojciech Faszczewski     President of the Board of Directors
2018-06-06     Tomasz Rogala         Member of the Board of Directors