Multitude SE — Audit Report / Information 2022

Apr 26, 2023

pwc

Independent Auditor's Reasonable Assurance Report on Multitude SE's ESEF Financial Statements

To the Management of Multitude SE

We have been engaged by the Management of Multitude SE (business identity code 1950969-1) (hereinafter also "the Company") to perform a reasonable assurance engagement on the Company's consolidated IFRS financial statements in English for the financial year 1 January - 31 December 2022 in European Single Electronic Format ("ESEF financial statements").

Management's Responsibility for the ESEF Financial Statements

The Management of Multitude SE is responsible for preparing the ESEF financial statements so that they comply with the requirements as specified in the Commission Delegated Regulation (EU) 2019/815 of 17 December 2018 ("ESEF requirements"). This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation of ESEF financial statements that are free from material noncompliance with the ESEF requirements, whether due to fraud or error.

Our Independence and Quality Management

We have complied with the independence and other ethical requirements of the International Code of Ethics for Professional Accountants (including International Independence Standards) issued by the International Ethics Standards Board for Accountants (IESBA Code), which is founded on fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour.

Our firm applies International Standard on Quality Management 1, which requires the firm to design, implement and operate a system of quality management including policies or procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements.

Our Responsibility

Our responsibility is to express an opinion on the ESEF financial statements based on the procedures we have performed and the evidence we have obtained.

We conducted our reasonable assurance engagement in accordance with the International Standard on Assurance Engagements (ISAE) 3000 (Revised) Assurance Engagements Other than Audits or Reviews of Historical Financial Information. That standard requires that we plan and perform this engagement to obtain reasonable assurance about whether the ESEF financial statements are free from material noncompliance with the ESEF requirements.

A reasonable assurance engagement in accordance with ISAE 3000 (Revised) involves performing procedures to obtain evidence about the ESEF financial statements compliance with the ESEF requirements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material noncompliance of the ESEF financial statements with the ESEF requirements, whether due to fraud or error. In making those risk assessments, we considered internal control relevant to the Company's preparation of the ESEF financial statements.

We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

PricewaterhouseCoopers Oy, Authorised Public Accountants, P.O. Box 1015 (Itämerentori 2), FI-00101 HELSINKI

Phone +358 20 787 7000, www.pwc.fi

Reg. Domicile Helsinki, Business ID 0486406-8

Assembly: f5558b0488fb39f7c3560651fc4d6ecb912a2f8190e6cee879253ebca32ccdd85320f5adc826b5abe1bfe786c2def182ad31017caac0ef2035cba913b2083a8b

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pwc

2 (2)

Opinion

In our opinion, Multitude SE's ESEF financial statements for the financial year ended 31 December 2022 comply, in all material respects, with the minimum requirements as set out in the ESEF requirements.

Our reasonable assurance report has been prepared in accordance with the terms of our engagement. We do not accept, or assume responsibility to anyone else, except for Multitude SE for our work, for this report, or for the opinion that we have formed.

Helsinki 6 April 2023

PricewaterhouseCoopers Oy

Authorised Public Accountants

Jukka Karinen

Authorised Public Accountant (KHT)

Assembly: f5558b0488fb39f7c3560651fc4d6ecb912a2f8190e6cee879253ebca32ccdd85320f5adc826b5abe1bfe786c2def182ad31017caac0ef2035cba913b2083a8b

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The following documents were signed Thursday, April 6, 2023

Multitude SE_ESEF report 2022.pdf
(134780 byte)
SHA-512: 79c7cd9b451e96375c903ae4d527142e65c86
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Signatures

4/6/2023 11:55:44 AM (CET)

Jukka Karinen, PricewaterhouseCoopers Oy
jukka.karinen@pwc.com
Signed with electronic ID (Finnish Trust Network)

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assembly
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Multitude SE ESEF report 2022
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