Information on the rule currently in effect at Benefit Systems S.A. regarding a change in the company authorised to audit financial statements

In reference to the principles of Best Practices of Companies Listed on the Stock Exchange (annex to Resolution No. 26/1413/2015 of the Supervisory Board for the Stock Exchange dated 10/13/2015) in part I, point I.Z.1.11, which reads: "The Company maintains a corporate website and publishes on it, in a readable form and in a dedicated location, in addition to the information required by law (...) information about the company's internal rules regarding a change in the company authorised to audit financial statements, or the lack of such rules", the Management Board of Benefit Systems S.A. (the Company) announces that, in accordance with the provisions of the Statute of the Company, the appointment of a company authorised to audit the financial statements as auditor is the responsibility of the Supervisory Board.

The Management Board also states that the Company respects article 89 of the act on statutory auditors and their self-government, entities authorised to audit financial statements and public oversight, dated 7th May, 2009, which reads:

"Article 89.
1. A key statutory auditor cannot perform auditing activities in the same entity of public interest for a period longer than 5 years.
2. A key statutory auditor can again perform a financial audit at the entity referred to in paragraph 1, after the elapse of at least two years."

In connection with the aforementioned Act and the procedures in effect at the Company for selection of an auditor, the rule at Benefit Systems S.A. is to change the key auditor after a period of no longer than 5 years.

On November 9, 2016, by virtue of a resolution of the Supervisory Board and in accordance with the Articles of Association of the company, PricewaterhouseCoopers Sp. z o.o. with headquarters in Warsaw (00-638), Al. Armii Ludowej 14, has become an entity authorized to audit financial statements and was selected as the chartered auditor of the company which will examine financial statements for 2016 and 2017. Report No. 50/2016: Appointment of auditor (2016-11-10) (available only in Polish)

The previous entity authorized to audit financial statements was Grant Thornton Frąckowiak Spółka z ograniczoną odpowiedzialnością Sp. k.

Apart from the above principles, there are no other rules at the Company relating to a change in entity authorised to audit financial statements of the Company and the Group.

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