Enea S.A. — Audit Report / Information 2018

Sep 13, 2018

Independent registered auditor's report on the review of the interim condensed consolidated financial statements

To the General Shareholders' Meeting and the Supervisory Board of ENEA Spółka Akcyjna

Introduction

We have reviewed the accompanying interim condensed consolidated financial statements of ENEA Group (hereinafter called "the Group"), having ENEA S.A. as its parent company (hereinafter called "the Parent Company"), with its registered office in Poznań, Górecka 1 Street, comprising the condensed consolidated statement of financial position as at 30 June 2018 and the condensed consolidated statement of income and other comprehensive income, the condensed consolidated statement of changes in equity, the condensed consolidated statement of cash flows for the period from 1 January to 30 June 2018 and a summary of significant accounting policies and other explanatory notes.

Management of the Parent's Company is responsible for the preparation and presentation of these interim condensed consolidated financial statements in accordance with the International Financial Reporting Standards as adopted by the European Union related to interim financial reporting (International Accounting Standard no 34 "Interim Financial Reporting", IAS 34). Our responsibility is to express a conclusion on these interim condensed consolidated financial statements based on our review.

Scope of review

We conducted our review in accordance with International Standard on Review Engagements 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity as adopted by the National Council of Certified Auditors as the National Standard on Review Engagements 2410 with a resolution dated 5 March 2018. A review of interim condensed consolidated financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures.

A review is substantially less in scope than an audit conducted in accordance with National Standards on Auditing. Consequently, it does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

TRANSLATION ONLY

PricewaterhouseCoopers Sp. z o.o., ul. Lecha Kaczyńskiego 14, 00-638 Warszawa, Polska, T: +48 (22) 746 4000, F: +48 (22) 742 4040, www.pwc.com

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed consolidated financial statements have not been prepared, in all material respect, in accordance with the IAS 34 "Interim Financial Reporting".

Conducting the review on behalf of PricewaterhouseCoopers Sp. z o.o., Registered Audit Company No. 144:

Piotr Bejger

Key Registered Auditor of the Group No. 10950

Warsaw, 11 September 2018