Current report No. 15/2016

The Board of Directors of Przedsiębiorstwo Przemysłu Spożywczego “PEPEES” S.A. (the “Company”) hereby informs that today they received the resolution of the Supervisory Board dated 5 July 2016 concerning the selection of the entity authorised to audit financial statements. The Company’s Supervisory Board, being the body authorised under Article 20 Clause 2 item 1 of the Company’s Articles of Association, by virtue of its resolution, selected the entity authorised to audit financial statements. The agreement concerning the audit of the separate and consolidated financial statements for the period from 1 January 2016 to 31 December 2016, and the review of the separate financial statements and of the consolidated financial statements for the period from 1 January 2016 to 30 June 2016,will be concluded with Mazars Audyt Sp. z o.o. with its registered office in Warsaw, at ul. Piękna 18, 00-549 Warsaw (“Mazars”), entered on the list of entities authorised to audit financial statements (kept by the National Chamber of Statutory Auditors) under No. 186. The agreement with Mazars will be concluded for the time of the performance of its subject. Mazars Audyt Sp. z o.o. was selected in accordance with the applicable regulations and professional standards. The Company used the services of Mazars as regards the review and audit of financial statements of PEPEES Group and of the financial statements of the Company for 2013, 2014 and 2015.

Detailed legal basis for the publication of the report: § 5 Clause 1 item 19 in connection with § 25 of the Decree of the Minister of Finance dated 19 February 2009 on current and periodic information to be provided by issuers of securities and conditions for recognising as equivalent the information required by the provisions of law of a country not being a member state (Journal of Laws of 2014, item 133, as amended).

Signatures of the Company’s representatives

President of the Board of Directors Wojciech Faszczewski 2016-07-06