Warsaw, 22 March 2023
Opinion of the Supervisory Board of ENEA S.A. concerning the report on the Issuer’s operations and its financial statements as for their conformity with accounting records and documents and with the actual situation
(prepared in accordance with § 70 item 1(14) of Regulation of the Finance Minister of 29 March 2018 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 recognised as equivalent)
The Supervisory Board of ENEA S.A. (“the Company”, “the Issuer”) hereby declares that acting pursuant to Article 382 § 3 in conjunction with Article 395 § 5 of the Commercial Company Code, it has reviewed:
the Company’s financial statements for the year 2022, including:
a) standalone statement of financial position showing as at 31 December 2022 a balance sheet amount of assets and liabilities equal to PLN 21,548,951 thousand (twenty-one billion five hundred forty-eight million nine hundred and fifty-one thousand zloty),
b) standalone comprehensive income statement showing as at 31 December 2022 the total net comprehensive income of PLN 2,522,840 thousand (two billion five hundred twenty-two million eight hundred and forty zloty) with a net profit of PLN 2,448,024 thousand (two billion four hundred forty-eight million and twenty-four zloty),
c) standalone statement of changes in equity demonstrating an increase in equity as at 31 December 2022 by PLN 3,267,014 thousand (three billion two hundred sixty-seven million and fourteen zloty),
d) standalone cash flow statement demonstrating as at 31 December 2022 a decrease in net cash by PLN 488,500 thousand (four hundred eighty-eight million five hundred zloty),
the report on the Issuer’s operations in the financial year 2022 (prepared together with the report on operations of ENEA Capital Group in the form of a single document), with view to their conformity with the accounting records and documents and with the actual situation.
Based on the analysis of:
a) the contents of the aforementioned statements and reports submitted by the Company’s Management Board,
b) accounting documents and records and information provided by the Company’s Management Board, c) the results of additional checks carried out in selected financial and operational areas,
d) the results of meetings with representatives of the audit firm, including the key statutory auditor,
e) information from the Audit Committee on the course, results and relevance of the audit for the reliability of financial reporting in the Company and the role of the Committee in the process of auditing the financial statements, it has assessed positively the aforesaid statements and reports,
based on its knowledge about the Company and on the wide range of activities undertaken in connection with the preparation and audit of the said statements and reports, the Supervisory Board of ENEA S.A. believes that the report on the Issuer’s operations and the Issuer’s financial statements for the financial year 2022 have been prepared in accordance with the applicable provisions of law and are consistent with the accounting records and documents and that they truly reflect the actual situation.
Adopted by Resolution No. 27/XI/2023 of the Supervisory Board of ENEA S.A. of 22 March 2023.