Tauron Polska Energia S.A.

Audit Report / Information • Feb 26, 2018

Current report no. 3/2018

Selection of the certified auditor

Management Board of TAURON Polska Energia S.A. (”Company”) announcesthat on February 26, 2018 the Company’s Supervisory Board, taking intoaccount the recommendation of the Audit Committee, selected the auditcompany Ernst & Young Audyt Polska Limited Liability Company LimitedJoint-Stock Partnership (”Ernst & Young”) to conduct an audit of thestandalone and consolidated financial statements of TAURON PolskaEnergia S.A. for the financial year 2018 and a review of the interimstandalone and consolidated financial statements of TAURON PolskaEnergia S.A. for the six months ending on June 30, 2018.

The seat of Ernst & Young is located in Warsaw at the address: Rondo ONZ1, 00-124 Warsaw. Ernst & Young was placed on the list of entitiesauthorized to audit financial statements at number 130. The servicesprovided by Ernst & Young so far for the Company included audits of thestandalone and consolidated financial statements of the Company for theyears from 2008 to 2012 and for 2017, and reviews of the interimstandalone and consolidated financial statements of the Company for thesix-month periods ending on June 30 in the individual years from 2010 to2012 and in 2017. The Company also used advisory and training servicesprovided by Ernst & Young, to the extent in line with the applicablelegal regulations in force and not causing the limiting of the level ofimpartiality and independence of the auditor.

The selection of the audit company was made in accordance with theapplicable regulations in force and professional standards.

The selection of Ernst & Young to conduct an audit of the standalone andconsolidated financial statements of the Company took place inconjunction with the need to bring the agreement concluded with Ernst &Young on auditing the financial statements for the financial year 2017in line with the requirements of the regulations of art. 66 clause 5 ofthe law of September 29, 1994 on accounting in the version given by thelaw of May 11, 2017 on certified auditors, audit companies and publicsupervision, including with respect to the period for which the firstaudit agreement should be concluded (i.e. for a period not shorter than2 years).

An amendment to the agreement with Ernst & Young will be concluded forthe period required to complete the entrusted activities.

Legal basis:§ 5 clause 1 item 19 of the Ordinance of the Minister ofFinance of February 19, 2009 on the current and periodic informationdisclosed by issuers of securities and the conditions of deeming asequivalent the information required by the legal regulations of anon-member state.