Investor relations

Legal basis: Article 56 section 1 subsection 2) of the Act on Offer - current and periodical information

Report's subject: Agreement termination with an auditor by mutual consent 

Pursuant to section § 5 section 1 subsection 20) of the Minister of Finance's Ordinance of 19 February 2009 regarding current and periodical information submitted by issuers of securities and the conditions for approving as equivalent information required by the law of a non-member state (Journal of Law no. 33,  2009 item 259) (hereinafter referred to as the "Ordinance"), J.W. Construction Holding S.A. with its business seat in Ząbki (hereinafter known as the "Company") hereby informs that on April 26, 2018 it signed a termination of an agreement on rendering auditing services signed with BDO Sp. z o.o.

on June 15, 2016.

Based on the said agreement, BDO Sp. z o.o. audited financial statements

of the Company for the years 2016-2017 that were prepared

without reservations. The agreement was terminated by mutual consent in the scope of auditing financial statements for 2018. 

The reason for terminating the agreement is a compulsory rotation of an auditorin a unit of public interest in accordance with the stipulations of the Act oncertified auditors, auditing company and public supervision.

As of now, the Supervisory Board is to choose an entity to conduct relevant audits in the coming years.