LegalGrant Thornton Frąckowiak P.S.A.
Independent Auditor Report on PCF Group Remuneration Report 2022
31 May 20233 pages~7 min full read
Grant Thornton Frąckowiak P.S.A. issued an independent audit confirming that PCF Group S.A.’s 2022 remuneration report is complete in all material respects.
The audit verified that PCF Group S.A. complied with the disclosure requirements mandated by Article 90g, paragraphs 1-5 and 8, of the Polish Act on Public Offering.
The scope of the audit was strictly limited to the completeness of executive compensation disclosures for the 2022 fiscal year, covering members of the Management Board and Supervisory Board.
The auditor performed the engagement in accordance with the National Standard for Assurance Engagements 3000 (Z), ensuring alignment with international auditing standards.
The audit procedure focused on verifying the inclusion of legally required information rather than assessing the accuracy of specific financial figures or internal control effectiveness.
The final report was officially issued on May 31, 2023, in Poznań for the benefit of the company’s shareholders and Supervisory Board.
This independent auditor’s report, prepared by Grant Thornton Frąckowiak P.S.A., provides a formal evaluation of the 2022 remuneration report for PCF Group S.A., a prominent Polish game development studio. The primary purpose of the document is to provide reasonable assurance regarding the completeness of the remuneration disclosures required under the Polish Act on Public Offering. The scope is limited to the 2022 fiscal year and focuses specifically on the compensation of the company’s Management Board and Supervisory Board members.
The methodology employed follows the National Standard for Assurance Engagements 3000 (Z), which aligns with international auditing standards. Procedures included reviewing the content of the remuneration report against statutory requirements, examining corporate resolutions regarding pay policies, and verifying the list of individuals subject to disclosure. The auditor’s role was strictly defined to assess whether all legally mandated information was included with the required level of detail, rather than auditing the accuracy of the financial figures themselves or the effectiveness of the company's internal controls.
The report concludes that the remuneration disclosures provided by PCF Group S.A. are complete in all material respects. It confirms that the company has met the specific requirements of Article 90g, paragraphs 1-5 and 8, of the Act on Public Offering. This finding ensures that the company remains in compliance with Polish regulatory standards for publicly traded entities regarding executive compensation transparency. The document was officially issued in Poznań on May 31, 2023, intended for the use of the company’s shareholders and Supervisory Board.
