Inactive Instrument

Orbis S.A.

Equities

ORB

PLORBIS00014

Orbis : Selection of an auditor licensed to audit financial statements

February 07, 2018 at 11:34 am EST

Current report no. 4/2018

February 7, 2018.

Subject: Selection of an auditor licensed to audit financial statements

The Management Board of "Orbis" S.A. with its registered address in Warsaw (the "Issuer") hereby informs that on February 7, 2018, the "Orbis" S.A. Supervisory Board decided, acting pursuant to § 20.2.8 of "Orbis" S.A. Statutes and § 9.1.10 of "Orbis" S.A. Supervisory Board By-Laws, to select KPMG Audyt Spółka z ograniczoną odpowiedzialnością Sp. k. with its registered address in Warsaw (the "Company") as the licensed auditor, and to entrust the Company with the review of semi-annual stand-alone and consolidated financial statements as well as the audit of financial statements of "Orbis" S.A. and consolidated financial statements of the Orbis Group in the years 2018 - 2019.

The auditor was selected in accordance with the applicable regulations and professional standards. The selected auditor has its registered address in Warsaw, at Inflancka street no. 4A, and is entered in the register of entities authorized to audit financial statements under the number 3546.

So far the Issuer has not cooperated with the selected auditor licenced to audit financial statements.

The agreement with the selected auditor will be executed for the years 2018 - 2019.

Legal grounds: § 5.1.19 of the Regulation of the Minister of Finance of February 19, 2009, on current and periodic information to be published by issuers of securities as well as conditions for recognizing as equivalent information required by the laws of a non-member state (official journal "Dz.U." 2014.133 of 28 January 2014, as further amended)

_________________________________________________________________________

"Orbis" S.A., ul. Bracka 16, 00-028 Warsaw, registered in the District Court for the Capital City of Warsaw, XII Commercial Division, National Court Register [KRS], Register of Business Operators no. 0000022622, share capital of PLN 92,154,016 (paid-up in full), tax identification number NIP 526-025-04-69

Orbis SA published this content on 07 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 February 2018 16:34:00 UTC.

Original documenthttp://www.orbis.pl/files/en/raporty/biezace/2018/pdf/7534.pdf

Public permalinkhttp://www.publicnow.com/view/48316A23078BE7C9E028B12A0F1FD120E1DE75B9

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Accor SA (ENXTPA:AC) completed the acquisition of an additional 33.15% stake in Orbis Spólka Akcyjna for PLN 1.5 billion.	19-01-22	CI
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CUBE Sp. z o.o completed the acquisition of Hotel Mercure Torun Centrum from Orbis Spólka Akcyjna	17-09-29	CI

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Company Profile

Orbis SA is a Poland-based company that is principally engaged in the hotel, transportation and tourism sectors. It operates two business segments, including hotels & restaurants and transport. The Company offers hotel services, domestic and international coach transport, and car rental and lease. It also acts as a travel agent, tour operator and car parks operator. As of December 31, 2011, the Company operated a network of 32 hotels with 7,011 rooms in 20 cities. Hotels of the Company operate under Accor brands: Sofitel, Novotel, Mercure, Ibis and Etap, as well as under the Polish brand Orbis Hotels and Holiday Inn in Warsaw. As of December 31, 2011, the Company operated through several subsidiaries, including Hekon Hotele Ekonomiczne SA, Orbis Corporate Sp. z o.o and Orbis Transport Sp. z o.o., among others. As of February 21, 2012, its parent entity was Accor SA, which held a 51.55% stake in the capital. In May 2013, the Company sold a 96% stake in Orbis Transport Sp. z o.o.

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