Statement of the Supervisory Board of PragmaGO S.A.
On April 24, 2025
Statement of the Supervisory Board of PragmaGO S.A.
Evaluation of the Management Board's report on operations and the separate and
consolidated financial statements of PragmaGO S.A. and
PragmaGO S.A. Capital Group.
The Supervisory Board of PragmaGO S.A., composed of:
- Dariusz Prończuk - Chairman of the Supervisory Board
- Grzegorz Grabowicz - Member of the Supervisory Board
- Bartosz Chytła - Member of the Supervisory Board
- Jakub Kuberski - Member of the Supervisory Board
- Piotr Lach - Member of the Supervisory Board
- Agnieszka Kamola - Member of the Supervisory Board
- Michał Kolmasiak - Member of the Supervisory Board
a
cting on the basis of § 70 (1) (14) and § 71 (1) (12) of the Ordinance of the Minister of Finance of March
29, 2018 on current and periodic information provided by issuers of securities and conditions for
recognizing as equivalent information required by the laws of a non-member state (Journal of Laws
of 2018, item 757), declares that, in accordance with the assessment made by the Supervisory Board:
1. Report of the Management Board on the operations of PragmaGO S.A. and the PragmaGO
Capital Group for 2024, and
2. The Separate and Consolidated Annual Financial Statements for the period from January 1,
2024 to December 31, 2024 are in accordance with the accounting books, documents and
facts.
REASONING
Pursuant to Article 382 § 3 of the Commercial Companies Code and § 12 Section 7(c) of the Articles
of Association, the specific duties of the Supervisory Board include evaluating the Management
Board's report on the Company's operations and the financial statements for the past fiscal year, in
terms of their conformity with the books and documents, as well as with the facts. The Management
Board of PragmaGO S.A. is responsible for preparing the reports, which is also responsible, as the
Management Board of the parent company, for preparing the consolidated financial statements of
the PragmaGO Capital Group, in accordance with International Financial Reporting Standards and
other applicable laws. Pursuant to Article 4a of the Accounting Act of September 29, 1994 (Journal
of Laws 2023, item 120), the Supervisory Board together with the Management Board shall ensure
that the aforementioned statements meet the requirements stipulated in the Accounting Act, the
implementing regulations issued on its basis and other applicable laws. The Supervisory Board
This document is a translation of the original document wr
itten in Polish. In case of any discrepancies, doubts, or
interpretation issues, the Polish version shall prevail and be considered binding.
Statement of the Supervisory Board of PragmaGO S.A.
P
ragmaGO S.A., acting on the basis of the Company's Articles of Association and the Regulations of
the Supervisory Board, has selected PricewaterhouseCoopers Polska spółka z ograniczoną
odpowiedzialnością Audyt sp.k. as the auditing firm to audit the annual financial statements of
PragmaGO S.A. and the annual consolidated financial statements of the PragmaGO Capital Group.
The evaluation of the financial statements was based on information and data obtained in the course
of the work of the Supervisory Board and the Audit Committee, and provided by the Management
Board and the auditor - PricewaterhouseCoopers Polska spółka z ograniczoną odpowiedzialnością
Audyt sp.k.
Based on the above, the Supervisory Board analyzed in detail:
1) Annual Separate Financial Statements of PragmaGO S.A. prepared as of and for the 12-month
p
eriod ended December 31, 2024, prepared in accordance with International Financial Reporting
Standards, including:
(a) introduction to the financial statements,
(b) statement of financial position as of December 31, 2024,
(c) Statement of profit or loss and other comprehensive income for the fiscal year from January
1, 2024 to December 31, 2024,
(d
) st
atement of changes in equity for the fiscal year from January 1, 2024 t
o
December 31, 2024,
(e
) S
tatement of cash flows for the period from January 1, 2024 to December 31, 2024,
(f) Notes to the annual financial statements.
2
) Dr
aft report of the independent auditor on the audit of the annual financial statements for th
e
fisc
al year ended December 31, 2024
3
) An
nual Consolidated Financial Statements of the PragmaGO Group as of and for the 12 month
s
en
ded December 31, 2024, prepared in accordance with International Financial Reporting Standards
,
including:
(a) introduction to the financial statements,
(b
) C
onsolidated Statement of Financial Position as of December 31, 2024,
(c
) C
onsolidated statement of profit or loss and other comprehensive income for the fiscal year
from January 1, 2024 to December 31, 2024,
(d
) C
onsolidated Statement of Changes in Equity for the fiscal year from January 1, 2024 to
December 31, 2024,
(e
) C
onsolidated statement of cash flows for the period from January 1, 2024 to December 31,
2024,
(f) Notes to the annual consolidated financial statements.
4) D
raft Report of the independent auditor on the audit of the annual consolidated financial
statements for the year ended December 31, 2024
5) Management report on the activities of PragmaGO S.A. and the Capital Group
Statement of the Supervisory Board of PragmaGO S.A.
PragmaGO for 2024;
a
nd on this basis made a positive assessment of the Board's report on the company's activities
PragmaGO S.A. for 2025 and the PragmaGO Capital Group, as well as the separate and
consolidated financial statements.
Statement of the Supervisory Board of PragmaGO S.A. regarding the functioning of the Audit
Committee in connection with the publication of the separate and consolidated annual report for
2024
The Supervisory Board of PragmaGO S.A., composed of:
- Dariusz Prończuk - Chairman of the Supervisory Board
- Grzegorz Grabowicz - Member of the Supervisory Board
- Bartosz Chytła - Member of the Supervisory Board
- Jakub Kuberski - Member of the Supervisory Board
- Piotr Lach - Member of the Supervisory Board
- Agnieszka Kamola - Member of the Supervisory Board
- Michał Kolmasiak - Member of the Supervisory Board
acting on the basis of § 70 (1) (8) and § 71 (1) (8) of the Ordinance of the Minister of Finance dated
March 29, 2018 on current and periodic information published by issuers of securities and conditions
for recognizing as equivalent information required by the laws of a non-member state (Journal of
Laws of 2018, item 757), declares that in PragmaGO S.A.:
a) the regulations regarding the appointment, composition and operation of the audit committee
functioning within the Supervisory Board are observed, including those regarding the fulfillment of
in
dependence criteria by its members and the requirements for having knowledge and skills in the
industry in which the issuer operates and in accounting or auditing;
b) the audit committee of the Supervisory Board of PragmaGO S.A. performed the tasks provided for
in Article 130 of the Act on Statutory Auditors, Audit Firms and Public Supervision of May 11, 2017.
(Journal of Laws of 2024, item 1035). Statement of the Supervisory Board of PragmaGO S.A.
regarding the selection of the audit firm auditing the financial statements of PragmaGO S.A. and the
consolidated financial statements of the PragmaGO Group for 2024
Statement of the Supervisory Board of PragmaGO S.A.
Th
e Supervisory Board of PragmaGO S.A., composed of:
- Dariusz Prończuk - Chairman of the Supervisory Board
- Grzegorz Grabowicz - Member of the Supervisory Board
- Bartosz Chytła - Member of the Supervisory Board
- Jakub Kuberski - Member of the Supervisory Board
- Piotr Lach - Member of the Supervisory Board
- Agnieszka Kamola - Member of the Supervisory Board
- Michał Kolmasiak - Member of the Supervisory Board
acting pursuant to § 70 (1) (7) and § 71 (1) (7) of the Ordinance of the Minister of Finance of March 29,
2018 on current and periodic information provided by issuers of securities and conditions for
recognizing as equivalent information required by the laws of a non-member state (Journal of Laws
of 2018, item 757), declares that:
a) PricewaterhouseCoopers Polska spółka z ograniczoną odpowiedzialnością Audyt sp.k., based in
Warsaw - the auditing firm authorized to audit the financial statements and consolidated financial
statements of PragmaGO S.A. for 2024 was selected in accordance with the provisions of the law,
including those concerning the selection and procedure for selecting an auditing firm;
b) the audit firm and the members of the audit team met the conditions for the preparation of an
unbiased and independent audit report on the financial statements of PragmaGO S.A. and the
consolidated financial statements of the PragmaGO Group for 2024 in accordance with applicable
regulations, professional standards and professional ethics;
(c) PragmaGO S.A. complies with applicable regulations related to the rotation of the audit firm and
key auditor, as well as mandatory grace periods;
(d) PragmaGO S.A. has a policy on the selection of the audit firm and a policy on the provision of
additional non-audit services to PragmaGO S.A. by the audit firm or an affiliate of the audit firm, or a
member of its network, including services conditionally exempted from the audit firm's prohibition.
______________________________________
Dariusz Prończuk - Chairman of the Supervisory Board of PragmaGO S.A..
This document is a translation of the original document wr
itten in Polish. In case of any discrepancies,
doubts, or interpretation issues, the Polish version shall prev
ail and be considered binding.
