Selection of a statutory auditor

The Management Board of LC Corp S.A. (the “Issuer”) reports that on 20 June 2018 it received a signed Resolution No. 8/2018 of the Supervisory Board of the Company dated 20 June 2018 adopted regarding the selection of an audit company to audit and review the annual and interim separate and consolidated financial statements of the Issuer for financial years 2018, 2019 and 2020, i.e.:

1. to review the interim separate and consolidates financial statements of LC Corp S.A. as at 30 June 2018,
2. to audit the separate and consolidated financial statements of LC Corp S.A. for financial year ending on 31 December 2018,
3. to review the interim separate and consolidates financial statements of LC Corp S.A. as at 30 June 2019,
4. to audit the separate and consolidated financial statements of LC Corp S.A. for financial year ending on 31 December 2019,
5. to review the interim separate and consolidates financial statements of LC Corp S.A. as at 30 June 2020,
6. to audit the separate and consolidated financial statements of LC Corp S.A. for financial year ending on 31 December 2020,

Deloitte Audyt Sp. z o.o. Sp. k. with its registered office in Warsaw at al. Jana Pawła II 22 has been selected as the auditor. Deloitte Audyt Sp. z o.o. Sp. k. is an entity entered in the list of entities authorised to audit financial statements kept by the National Council of Statutory Auditors, under number 73, as an audit company authorised to audit financial statements, with the possibility to extend the concluded agreement and the selection made for another two years.

The Supervisory Board’s authorisation to select the statutory auditor arises from § 20 h) of the Company’s Articles of Association, in accordance with the provisions of the Policy and Procedure for the selection of an audit company to audit and review annual and interim separate and consolidated financial statements of LC Corp S.A. The selection of the entity authorised to conduct the audit took place as a result of a selection procedure carried out by the Audit Committee and the provided recommendation included in Resolution No. 2/2018 of the Audit Committee of 31 May 2018.

In view of the above, it must be stated that the selection of the entity was made in accordance with the provisions of law, the policy adopted by the Issuer in this regard, and professional standards.

As a result of the conducted analysis, the Issuer decided that it is justified to classify the above-mentioned information as confidential within the meaning of Article 17.1 MAR, subject to publication in the form of this report.

Legal basis: Article 17.1 MAR (Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and 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.