Termination of the contract with the audit firm to attest the sustainability reporting for the 2026 financial year

The Management Board of STALPROFIL S.A. (the Company) hereby announces that on May 28, 2026, by mutual agreement of the Parties, the agreement for the provision of statutory audit services (the Agreement) entered into on July 1, 2024, between the Company and UHY ECA Audyt Spółka z ograniczoną odpowiedzialnością with its registered office in Warsaw (the Audit Firm) was terminated with effect from May 31, 2026. The subject of the Agreement was the assurance of the sustainability report of the STALPROFIL S.A. Capital Group for the financial years ending December 31, 2024, December 31, 2025, and December 31, 2026. The Agreement was terminated by mutual agreement of the Parties with respect to the provision of assurance services by the Audit Firm for the financial year ending December 31, 2026.

The reason for termination of the Agreement is the decision of the Management Board of STALPROFIL S.A. dated 18/05/2026, taken on the basis of art. 84a sec. 3 of the Act of 29/09/1994 on Accounting (Journal of Laws of 2023, item 120, as amended), on the Company's failure to perform the obligations specified in the provisions of art. 49 sec. 3b of the Act and the provisions of chapter 6c of this Act, regarding sustainable development reporting in the report on the activities of the STALPROFIL S.A. Capital Group for 2026. This circumstance constitutes a justified basis for termination of the Agreement, in accordance with art. 66 sec. 7 of the aforementioned Act.

During the term of the Agreement, there were no instances of qualified opinions, adverse opinions, or disclaimers of opinions on sustainability reporting in the assurance reports. The Company attaches to this report a letter from the audit firm addressed to the Polish Financial Supervision Authority, explaining the reasons for terminating the Agreement.