Information on Selecting Audit Firm to Audit and Review 2021 and 2022 Financial Statements
Legal basis: Article 17(1) of MAR - inside information
The Management Board of Develia S.A. (“the Issuer”) inform that on 08/04/2021 the Supervisory Board adopted Resolution no. 8/2021 on selecting an audit firm with a view to auditing and reviewing annual and interim separate and consolidated financial statements of the Issuer for 2021-2022, i.e.:
a) To review the interim separate and consolidated financial statements of Develia S.A. as at 30 June 2021;
b) To audit the separate and consolidated financial statements of Develia S.A. for the financial year ending 31 December 2021;
c) To review the interim separate and consolidated financial statements of Develia S.A. as at 30 June 2022;
d) To audit the separate and consolidated financial statements of Develia S.A. for the financial year ending 31 December 2022;
An audit firm selected to this end is Deloitte Audyt Sp. z o.o. Sp. k., with its registered office in Warsaw, at al. Jana Pawła II 22. Deloitte Audyt Sp. z o.o. Sp. k. is an entity entered into the register of entities authorised to audit financial statements, maintained by the National Council of Statutory Auditors (KRBR) under a register number 73 as an audit firm authorised to audit financial statements. An audit services agreement will be entered into for the period necessary for auditing the Issuer’s 2021 and 2022 financial statements. Deloitte Audyt Sp. z o.o. Sp. k., with its registered office in Warsaw, audited the Issuer’s 2018, 2019 and 2020 financial statements.
The Supervisory Board’s powers to select an auditor arise from Article 20(h) of the Company’s Articles of Association, pursuant to the provisions of the Policy and Procedure for selecting an audit firm to audit and review annual and interim separate and consolidated financial statements of Develia S.A. and pursuant to the Act on Auditors, Audit Firms and Public Oversight.
An entity authorised to conduct the audit was selected as a result of a selection procedure carried out by the Audit Committee and based on its recommendation, as well as in accordance with applicable provisions of law, in line with a relevant policy adopted by the Issuer and in compliance with professional standards.
Based on an analysis performed, the Issuer has arrived at a conclusion that it is reasonable to qualify the above information as inside information within the meaning of Article 17(1) of MAR, which is to be published in the form of this report.
Legal basis: Article 17(1) of the MAR (the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market abuse (the Market Abuse Regulation) repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC).
