Selection of the auditor

The Management Board of Echo Investment S.A. (the Issuer, the Company) hereby reports that the Supervisory Board of Echo Investment S.A. adopted a resolution on the choice of the auditor for the years 2016-2017. Pursuant to §13 section 1 letter (b) of the Issuer"s Statute, the Board chose Ernst & Young Audyt Polska spółka z ograniczoną odpowiedzialnością sp.k. with its seat at 1 Rondo ONZ  in Warsaw, entered in the list of expert auditors under the number 130 (the Auditor), to be the business entity entitled to examine separate financial reports of the Company and consolidated financial reports of the Company"s Capital Group in the years 2016 – 2017. The Supervisory Board empowered the Management Board to conclude a contract with EY Audyt Polska on the examination of separate financial reports of the Company and consolidated financial reports of the Company"s Capital Group for the years 2016 – 2017. The Issuer and the Issuer"s Capital Group used Auditor"s services in terms of the review of the separate and consolidated financial report for H1 2015 and the review of the Issuer"s annual separate and consolidated report  for 2015.
Legal basis: §5 section 1 item 19 of the Regulation of the Minister of Finance of the 19th of February 2009 concerning current and periodical information published by issuers of securities and terms of recognizing as equivalent information required by laws of a non-Member State (Journal of Laws no. of 2014 item 133).