01mar2022
Current Report 7/2022
Selection of an entity authorised to audit financial statements – update
Only the Polish version of this document is legally binding.
This translation is provided for information only.
Every effort has been made to ensure the accuracy of this publication.
In relation to current report No. 5/2021 of 12/03/2021 on the selection of Moore Rewit Audyt Sp. z o.o. as an entity authorised to audit financial statements, the Management Board of INPRO SA (the “Company”) informs the public that at the session on 1 March 2022 the Company’s Supervisory Board, acting within its powers under § 10 para. 14 of the Company’s Statutes, adopted resolution No. 1/2022 in the amendment of resolution No. 1/2021 of 12 March 2021 of the Supervisory Board on the selection of an entity authorised to:
1) Conduct the reviews of financial statements for 2021- 2023, namely the review of the separate statements of INPRO S.A. and of the consolidated statements of the INPRO S.A. Corporate Group.
2) Conduct the audit of the annual financial statements as at 31 December 2021, 2022 and 2023, that is the audit of the separate statements of INPRO S.A. and of the consolidated statements of the INPRO S.A. Corporate Group and established that Moore Rewit Audyt spółka z ograniczoną odpowiedzialnością with its registered office in Gdańsk will be replaced by Moore Polska Audyt spółka z o.o. with its registered office in Warsaw (00 – 613), ul. Tytusa Chałubińskiego 8, entered in the register of entrepreneurs of the National Court Register by the District Court for the Capital City of Warsaw in Warsaw, 12th Business Division of the National Court Register, under number KRS 0000922603, tax ID (NIP): 711052300, National Official Business Register (REGON): 520003823, which is registered on the list of auditor firms under number 4326.
The resolution was adopted in relation to information submitted by Moore Rewit Audyt Sp. z o.o. indicating that on 3 January 2022 a process was completed whereby Moore Rewit Audyt spółka z ograniczoną odpowiedzialnością with its registered office in Gdańsk (80-137), ul. Starodworska 1, contributed the organised part of the enterprise (“OPE”) into Moore Polska Audyt spółka z ograniczoną odpowiedzialnością with its registered office in Warsaw (00 – 613), ul. Tytusa Chałubińskiego 8. As part of the OPE constituting a set of tangible and intangible assets organisationally and financially separated from the structure of Moore Rewit Audyt sp. z o.o., all the rights and obligations under previous financial review agreements were transferred to Moore Polska Audyt sp. z o.o.
The Company indicates that the Supervisory Board’s resolution inspired by the circumstances mentioned above was adopted in accordance with the binding regulations and professional standards, in particular pursuant to the Act of 11 May 2017 on statutory auditors, audit companies and public supervision (Dz.U. [Journal of Laws] 2020.1415) and on the basis of the Company's internal regulations concerning the policy and procedure for the selection of an audit company.
With regard to the agreement for the audit of the financial statements as signed with Moore Rewit Audyt Sp. z o.o., a relevant annexe will be signed to the extent as above, i.e. on the takeover of the rights and obligations by Moore Polska Audyt Sp. z o.o. from the previous contractor, Moore Rewit Audyt Sp. z o.o.
The Company indicates that it has not used the services of Moore Polska Audyt Sp. z o.o., however, before the above-mentioned contribution into that entity of the OPE of Moore Rewit Audyt Sp. z o.o. The Company has used the services of Moore Rewit Audyt Sp. z o.o. with regard to the audit and review of the financial statements for 2019 and 2020.
Following analysis, the Company held that it was reasonable to classify information given above as confidential information in the meaning of Article 17 par. 1 of the MAR subject to publication in the form of this report.
Legal grounds: Article 17 para. 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) 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).
