DECLARATION AND
ASSESSMENT OF THE
SUPERVISORY BOARD
Declaration and assessment of the Supervisory Board
Declaration of the Supervisory Board of XTB S.A concerning the Audit Committee
The Supervisory Board hereby declares that it is in compliance with the regulations concerning appointment, composition and
functioning of the audit committee, including the requirements for its members to satisfy the independence criteria and the
requirements concerning knowledge and abilities from the sector in which the Company operates as well as accounting and
audit of financial statements; Moreover the Supervisory Board declares that the Audit Committee performed the tasks of the
audit committee as provided by the applicable laws.
Supervisory Board assessment of the consolidated and standalone financial statements prepared jointly with the Management
Board report on the operations of the Group and the Company
The Supervisory Board of XTB S.A has assessed the presented by the Management Board:
• the standalone financial statements of XTB S.A for the year 2021,
• the consolidated financial statements of Capital Group XTB S.A for the year 2021,
• the Management Board report on the operations of the Group and Company for the year 2021,
• non-financial statement of XTB S.A. Capital Group for 2021,
hereinafter referred to as ‘statements’.
As a result of the assessment The Supervisory Board stated that Statements present truly and fairly all necessary information
for assessment of financial standing of the Company and the Group and are in line with the ledgers, documents and the state
of affairs.
The Supervisory Board of XTB S.A. positively assessed the financial statements on the basis of:
• the contents of the statements presented by the Company’s Management;
• independent auditor’s report on the audit of the consolidated and standalone financial statements for the year 2021,
as well as additional report for the Audit Committee prepared in accordance with the provisions of Regulation (EU) No
537/2014 of the European Parliament and of the Council of 16 April 2014 and the Act on auditors, audit firms and
public supervision of 11 May 2017;
• meetings with the representatives of the audit firm, including the key statutory auditor;
• meeting with the Company’s Management Board;
• the results of other verification activities made in selected financial and operational areas.
Warsaw, 8 March 2022
on behalf of the
Supervisory Board
Jan Byrski
President of the
Supervisory Board
