Statement of the Management Board

 

Pursuant to the requirements of the Regulation of the Minister of Finance of June 6, 2025 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a non-member state may be recognized as equivalent, the Management Board of Cyfrowy Polsat S.A. in the persons of:

•        Piotr Żak, President of the Management Board,

•        Maciej Stec, Vice President of the Management Board,

•        Andrzej Abramczuk, Member of the Management Board,

•        Bartłomiej Drywa, Member of the Management Board,

•        Jacek Felczykowski, Member of the Management Board,

•        Agnieszka Odorowicz, Member of the Management Board,

•        Katarzyna Ostap-Tomann, Member of the Management Board,

hereby makes the following statement:

a)      to best knowledge of the Management Board, the annual financial statements and the annual consolidated financial statements and the comparable data have been prepared in accordance with the applicable accounting principles and reflect in a true, reliable and clear manner the economic and financial position of Cyfrowy Polsat S.A. and of Cyfrowy Polsat S.A. Capital Group and their financial results;

b)      the Report of the Management Board on the activities of Cyfrowy Polsat S.A. and Cyfrowy Polsat S.A. Capital Group was prepared in accordance with art. 55 item 2a of the Accounting Act and contains a true and fair picture of the development and profitability of the business as well as of the situation of Cyfrowy Polsat S.A. and its Capital Group, including a description of key risks and uncertainties;

c)      the Report of the Management Board on the activities of Cyfrowy Polsat S.A. and Cyfrowy Polsat S.A. Capital Group includes sustainability reporting, which has been prepared in accordance with art. 63x of the Accounting Act, the ESRS, and Article 8 of Regulation (EU) 2020/852 and the delegated acts adopted pursuant to Article 8(4) of that Regulation.

At the same time, in view of the fact that on February 13, 2025 the Supervisory Board of Cyfrowy Polsat S.A. consented to extend the agreement and choose Ernst & Young Audyt Polska Spółka z ograniczoną odpowiedzialnością Sp. k., with its registered office in Warsaw, for the performance of the audit of standalone financial statements of Cyfrowy Polsat S.A. and the consolidated financial statements of Cyfrowy Polsat S.A. Capital Group for the financial years ended December 31, 2025, December 31, 2026 and December 31, 2027, the Management Board of Cyfrowy Polsat S.A., on the basis of the statement of the Supervisory Board of Cyfrowy Polsat S.A., informs that:

a)      both the audit firm and the audit team members met the conditions to develop an impartial and independent report on the audit of the annual standalone and consolidated financial statements in line with the mandatory legal provisions, standards of profession and rules of professional ethics;

b)      Cyfrowy Polsat S.A. complies with the provisions on the rotation of the audit firm and the key auditor as well as mandatory cooling-off periods;

c)      Cyfrowy Polsat S.A. has adopted a policy of selection of an audit company and the policy of provision to the issuer by an audit company, entities affiliated with that audit company or a member of their networks, of authorized non-audit services, including services exempted conditionally from the ban on provision of services by an audit company.

Furthermore, on October 31, 2025, the Supervisory Board of Cyfrowy Polsat S.A., acting on the basis of Resolution No. 25 of the Annual General Meeting of the Company dated June 26, 2025, approved the selection of Ernst & Young Audyt Polska spółka z ograniczoną odpowiedzialnością sp. k., with its registered office in Warsaw, to carry out the assurance of the sustainability reporting of Cyfrowy Polsat S.A. and Cyfrowy Polsat S.A. Capital Group for the financial year ended December 31, 2025. Accordingly, the Management Board of Cyfrowy Polsat S.A., based on the statement of the Supervisory Board of Cyfrowy Polsat S.A., informs that: 

a)      the audit firm and the members of the team performing the sustainability assurance met the conditions required to prepare an impartial and independent assurance report on sustainability reporting, in accordance with applicable regulations, professional standards and principles of professional ethics; 

b)      Cyfrowy Polsat S.A. has adopted a policy for selecting an audit firm to perform the assurance of sustainability reporting, as well as a policy governing the provision to Cyfrowy Polsat S.A., by the audit firm performing the sustainability assurance, by entities affiliated with that audit firm, and by members of the audit firm’s network, of permitted non‑assurance services related to sustainability reporting.

 

 

 

Piotr Żak President of the Management Board		Maciej Stec Vice President of the Management Board		Andrzej Abramczuk Member of the Management Board
Bartłomiej Drywa Member of the Management Board		Jacek Felczykowski Member of the Management Board		Agnieszka Odorowicz Member of the Management Board
Katarzyna Ostap-Tomann Member of the Management Board

Warsaw, April 28, 2026