The Management Board of Inter Cars S.A. (the “Company”) announces that on June 4th 2018 it was notified of a resolution passed on that day by the Company's Supervisory Board concerning extension of the existing agreement for audit of financial statements and appointment of PricewaterhouseCoopers sp. z o.o., with its registered office at ul. Lecha Kaczyńskiego 14, Warsaw, Poland, National Court Register entry No. KRS 0000044655, entered in the list of audit firms maintained by the National Council of Statutory Auditors under Reg. No. 144 (“PwC”), as an audit firm authorised to:
i. audit Inter Cars S.A.'s separate financial statements and Inter Cars Group's consolidated financial statements for the period January 1st – December 31st 2018; and
ii. review Inter Cars S.A.'s separate financial statements and Inter Cars Group's consolidated financial statements for the period January 1st – June 30th 2018.
Furthermore, in the same resolution, the Supervisory Board obliged the Management Board to execute relevant agreements with PwC in order to extend the term of the existing agreement for another year. PwC was also selected to audit the 2018 separate financial statements of key entities of the Inter Cars Group other than Inter Cars S.A.
The audit firm was appointed after the Company's Supervisory Board had read and considered a recommendation from the Audit Committee of the Company's Supervisory Board, prepared in compliance with applicable laws and the Company’s internal regulations. The audit firm was appointed in accordance with the Company’s Articles of Association and with applicable laws.
The Company had previously engaged PwC to audit and review its financial statements until 2004 as well as for 2016 and 2017.
Art. 17.1 of MAR − Inside information
- Piotr Zamora - Member of the Management Board
- Jacek Piotrowiak - Commercial proxy