Reports

Pursuant to § 5(1)(19) of the Regulation of the Minister of Finance of 19 February 2009 on current and interim information provided by issuers of securities and on the terms of recognising information required under the laws of a non-member state as equivalent, the Management Board of HELIO S.A. hereby reports that on 6 November 2015 the Company’s Supervisory board chose an entity authorised to audit financial statements. It is PKF Consult spółka z ograniczoną odpowiedzialnością spółka komandytowa with its registered office in Warsaw (02-695 Warsaw), ul. Orzyckiej 6 loc. 1B, entered on the list of entities certified to audit financial statements kept by the National Council of Statutory Auditors under no. 477.

An agreement is to be signed with the entity for:
– half-year audits of the financial statements of HELIO S.A. made as at 31.12.2015, 31.12.2016, 31.12.2017,
– audits of annual financial statements of HELIO S.A. for financial years ending on 30.06.2016, 30.06.2017, 30.06.2018.

The term of agreement with PKF Consult spółka z ograniczoną odpowiedzialnością Sp. k. will be as required to carry out the aforesaid works.

The Issuer has already used the services of PKF Consult spółka z ograniczoną odpowiedzialnością Sp. k. and of its legal predecessors (PKF Consult Sp. z o.o, the former PKF Audyt Sp. z o.o., the former PKF Consult Sp. z o.o.).
It needs to be explained that on 9 October 2015, the District Court for Warsaw the Capital City, 13th Commercial Division of the National Court Register, registered the transformation of PKF Consult Spółka z ograniczoną odpowiedzialnością (a limited liability company) into a limited partnership, which has been ever since operating under the business name of PKF Consult Spółka z ograniczoną odpowiedzialnością Sp. k. As an entity transformed in accordance with Article 533 § 1 of the Code of Commercial Companies, PKF Consult Spółka z ograniczoną odpowiedzialnością Sp. k. has all the rights and obligations of a Transformed Company. As a consequence of the foregoing, on the aforesaid day, PKF Consult Spółka z ograniczoną odpowiedzialnością
Sp. k., entered on the list of entities authorised to audit financial statements under no. 477, assumed the rights and obligations specified in all agreements concluded by PKF Consult Sp. z o.o., and earlier by PKF Audyt Sp. z o.o., including the agreements signed with HELIO S.A. for:
– audits of financial statements of the Issuer (including those of the Issuer’s legal predecessor) for the financial years ending on 31.12.2005, 30.06.2007, 30.06.2008, 30.06.2009, 30.06.2010, 30.06.2011, 30.06.2012, 30.06.2013, 30.06.2014, 30.06.2015,
– audits of half-year financial statements of HELIO S.A. made as at 31.12.2007, 31.12.2008, 31.12.2009, 31.12.2010, 31.12.2011, 31.12.2012, 31.12.2013, 31.12.2014,
– audits of the financial statements made for the prospectus (15.08.2003–31.12.2004; 01.01–31.12.2005; 01.01-31.08.2006),
– audit of the financial statements for the final year of operation of the Issuer’s legal predecessor (01.01.2006–24.08.2006).

While choosing an entity authorised to audit financial statements, the Supervisory Board of HELIO S.A. adhered to the laws in force and professional standards.