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Current report 7/2016

Legal basis:Art. 56, par. 1, item 2 of Offer Act – current and periodic information

Report Subject: expert auditor selection

Acting on the basis of § 5, par. 1, item 19) of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and the conditions for recognition as equivalent the information required by the law of the country which is not a member state (Journal of Laws No. 33, 2009, item 259) (“Regulation”) J.W. Construction Holding S.A. with its registered office in Ząbki (“the Company”) hereby reports that on 14 June 2016, the Company's Supervisory Board, acting in accordance with the Company's Articles of Association, has selected a company named BDO Sp. z o. o. (the “Auditor”) with its registered office in Warsaw at 12 Postępu street, 02-676 Warsaw, for the review of the Company’s individual and consolidated financial statements for H1 2017 and 2018, and of the Company’s individual and consolidated financial statements for the years 2016, 2017, and 2018. The Auditor is included in the list of entities authorised to examine financial statements, maintained by the National Board of Expert Auditors under number 3355. The Company shall enter into a single agreement with the auditor as regards any and all inspections and reports.

The company has previously used the Auditor’s services as relates to examining individual and consolidated financial statements of the Company when the Company’s shares were allowed into the public trading, i.e. in the years 2007-2015, as well as in the previous years.

In the framework of cooperation in the audit and review, there were changes regarding the key expert auditor responsible for the reviews: namely in connection with the 2010 and 2015 statement audits.

In addition, the company had previously used the expert Auditor’s services in the drawing up of business plans, providing general financial advice, due diligence analyses of other entities, advising on acquired companies and advising on the public offering of the Company's shares.