Body of the report:
The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”, “JSW”) hereby reports that on 29 November 2017 the Company’s Supervisory Board selected PricewaterhouseCoopers Sp. z o.o. (“PwC”) with its registered office in Warsaw at Al. Armii Ludowej 14, 00-638 Warsaw, as the entity authorized to audit the financial statements of JSW S.A. for the years 2018-2020, the annual consolidated financial statements of the JSW Group for the years 2018-2020 together with an audit of the financial statements of the Group’s key subsidiaries, namely JSW KOKS S.A. and Jastrzębskie Zakłady Remontowe Sp. z o.o. for the years 2018-2020, as well as to perform a review of JSW’s interim financial statements for the first half of the years 2018-2020 and a review of the interim consolidated financial statements of the Jastrzębska Spółka Węglowa Group for the first half of the years 2018-2020 and to prepare written reports on these audits and reviews.
The Company’s Supervisory Board selected the auditor pursuant to § 20 Section 2 Item 6 of the Company’s Articles of Association. The selection was made in compliance with the applicable regulations, including the provisions of the Act of 11 May 2017 on Statutory Auditors, Auditing Firms and Public Supervision.
PricewaterhouseCoopers Sp. z o.o. is entered in the list of entities authorized to audit financial statements under file number 144
A relevant agreement will be entered into for a term enabling the performance of the subject matter thereof.
PricewaterhouseCoopers Sp. z o.o. audited JSW’s financial statements for 2009-2012 and the JSW Group’s consolidated financial statements for 2009-2012 and also reviewed the condensed interim standalone and consolidated financial statements for the first half of the years 2011-2013.
Moreover, the Company purchased the services of PricewaterhouseCoopers Sp. z o.o. in the processes of preparation of the Company’s prospectuses in 2011 and 2013.
Legal basis: § 5 Section 1 Item 19 of the Regulation issued by the Finance Minister on 19 February 2009 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent.