Report on the evaluation of the separate financial statements of KGHM Polska Miedź S.A.
for the financial year ended 31 December 2023, the consolidated financial statements of
the KGHM Polska Miedź S.A. Group for the financial year ended 31 December 2023 and the
Management Board’s report on the activities of KGHM Polska Miedź S.A. and the KGHM
Polska Miedź S.A. Group in 2023, in terms of their compliance with the accounts,
documents and factual state
In accordance with art. 382 § 3 of the Commercial Partnerships and Companies Code, § 70 sec. 1
point 14 and § 71 sec. 1 point 12 of the Decree of the Minister of Finance dated 29 March 2018 on
current and periodic information published by issuers of securities and conditions for
recognising as equivalent information required by the laws of a non-member state and § 20 sec.
2 points 1) and 3) of the Statutes of KGHM Polska Miedź S.A., based on:
1. the contents of documents presented by the Management Board of KGHM Polska Miedź
S.A., that is:
a. The separate financial statements of KGHM Polska Miedź S.A. for the financial year ended
31 December 2023,
b. The consolidated financial statements of the KGHM Polska Miedź S.A. Group for the
financial year ended 31 December 2023,
c. The Management Board’s report on the activities of KGHM Polska Miedź S.A. and the
KGHM Polska Miedź S.A. Group in 2023,
2. the auditor’s report on the audit of the separate financial statements of KGHM Polska Miedź
S.A. for the financial year ended 31 December 2023,
3. the auditor’s report on the audit of the consolidated financial statements of the KGHM
Polska Miedź S.A. Group for the financial year ended 31 December 2023,
4. the additional report of the auditor for the Audit Committee of the Supervisory Board of
KGHM Polska Miedź S.A.,
5. meetings of the Supervisory Board with representatives of the auditing company, including
with the key certified auditor, and
6. recommendations of the Audit Committee of the Supervisory Board of KGHM Polska Miedź
S.A. regarding providing an opinion on the audited financial statements
On 23 April 2024, the Supervisory Board of KGHM Polska Miedź S.A. positively evaluated the
following:
a. The separate financial statements of KGHM Polska Miedź S.A. for the financial year ended
31 December 2023,
b. The consolidated financial statements of the KGHM Polska Miedź S.A. Group for the
financial year ended 31 December 2023,
c. The Management Board’s report on the activities of KGHM Polska Miedź S.A. and the
KGHM Polska Miedź S.A. Group in 2023.