Current report no. 14/2017

Date of issue: 30-05-2017

Name of issuer: TALEX

Subject: The choice of the entity authorized to audit financial statements

Legal basis: Art. 56 (1) of the proposed MAR - confidential information

The contents of the report:

The Management Board of Talex S.A. hereby informs that on 30 May 2017 the Supervisory Board of the Company, acting under the Articles of Association of the Company, passed a resolution on the selection of PKF Consult Sp. z o. o. Sp. k. registered in Warsaw at ul. Orzycka 6 lok. 1B (02-695), as an entity with which the agreement will be signed on the review of the financial statements compiled on 30 June 2017 and 31 December 2017. The selected entity is recorded in the register of entities authorized to audit financial statements under the No. 477 kept by the National Council of Statutory Auditors. The Company used the services of the selected entity for auditing financial statements prepared as at 30 June 2015 and 31 December 2015 as well as at 30 June 2016 and 31 December 2016. The choice was made in accordance with applicable regulations and professional standards.