`
TOYA S.A. with its registered office in Wrocław, ul. Sołtysowicka 13-15, postal code 51-168, entered in the Register of Entrepreneurs of the
National Court Register kept by the 6th Economic Division of the District Court for Wrocław – Fabryczna under KRS no. 0000066712, fully
paid-up share capital: PLN 7 883 084.10; NIP: 895-16-86-107; REGON: 932093253.
Assessment of the Supervisory Board of the company under the business name of:
TOYA joint-stock company with its registered office in Wrocław
(hereinafter also referred to as the "Company")
regarding the Director's report on operations of the TOYA S.A. Capital Group for 2024, prepared
together with the report on operations of TOYA S.A. for 2024,
financial statements and consolidated financial statements
in the scope of their compliance with the books, documents and facts
The Supervisory Board of the Company, pursuant to article 382 §3 of the Act of 15 September 2000 –
Code of Commercial Companies and Partnerships (Journal of Laws of 2022, item 1467), §70 section 1
point 14 and §71 section 1 point 12 of the Regulation of the Minister of Finance of 29 March 2018 on
current and periodic information published by issuers of securities and the conditions for regarding as
equivalent the information required by the law of a non-member state (consolidated text, Journal of
Laws of 2018, item 757, as amended, hereinafter referred to as: the "Regulation"), hereby makes an
assessment concerning:
─ The Directors’ report on operations of the TOYA S.A. Capital Group for 2024, prepared together
with the report on operations of TOYA S.A. for 2024, which includes the Sustainability Report
of the TOYA S.A. Capital Group for 2024 as an integral part.
─ Standalone financial statements of "TOYA" S.A. for the financial year ended on 31 December
2024;
─ Consolidated financial statements of the Group of "TOYA" S.A. for the financial year ended on
31 December 2024.
in the scope of their compliance with the books, documents and facts
I. Assessment of the Directors’ report on operations of the TOYA S.A. Capital Group for 2024,
prepared together with the report on operations of TOYA S.A. for 2024, which includes the
Sustainability Report of the TOYA S.A. Capital Group for 2024 as an integral part.
The Supervisory Board, upon reading:
a) the Director’s report on operations of TOYA S.A. for 2024, under the opinion of the Company's
auditor, Grant Thornton Polska Prosta spółka akcyjna (hereinafter referred to as: the
Company's auditor) on the audit of these documents, according to which the Director’s report
on operations of the Company, in all material respects:
− has been prepared in accordance with the applicable legal regulations, i.e. Article 49 of the
Accounting Act and Paragraph 70 of the Regulation of the Minister of Finance of March 29,
2018 on current and periodic information disclosed by issuers of securities and the conditions
for recognition as equivalent of the information required by law of a non-member state; and
− is consistent with the accompanying annual financial statements;
− no material misstatements in the Report on the Company’s operations were identified.
`
TOYA S.A. with its registered office in Wrocław, ul. Sołtysowicka 13-15, postal code 51-168, entered in the Register of Entrepreneurs of the
National Court Register kept by the 6th Economic Division of the District Court for Wrocław – Fabryczna under KRS no. 0000066712, fully
paid-up share capital: PLN 7 883 084.10; NIP: 895-16-86-107; REGON: 932093253.
b) the Director’s report on operations of the TOYA S.A. Capital Group for 2024, under the opinion
of the Company's auditor, on the audit of these documents, according to which the Director’s
report on operations of the Company, in all material respects:
− has been prepared in accordance with the applicable legal regulations, i.e. Article 49 of the
Accounting Act and Paragraph 70 of the Regulation of the Minister of Finance of March 29,
2018 on current and periodic information disclosed by issuers of securities and the conditions
for recognition as equivalent of the information required by law of a non-member state; and
− is consistent with the accompanying annual financial statements;
− no material misstatements in the Report on the Company’s operations were identified.
c) the sustainability reporting of the TOYA S.A. Capital Group for 2024, included in chapter 7
„Sprawozdanie zrównoważonego rozwoju Grupy Toya” (sustainability reporting), the report of
the the Company's auditor on the assurance engagement regarding the sustainability
reporting indicates that based on the assurance procedures performed by the auditor and
evidence obtained nothing has come to the auditors’ attention that would cause them to
believe that:
− the accompanying Sustainability Reporting is not compliant, in all material respects, with the
requirements of Chapter 6c of the Accounting Act of September 29, 1994 (the Accounting Act),
including the European Sustainability Reporting Standards (ESRS),
− the materiality assessment process conducted by the Group to identify information included
in the Sustainability Reporting (the Materiality Assessment Process) is not compliant, in all
material respects, with the ESRS,
− the accompanying Sustainability Reporting is not compliant, in all material respects, with the
reporting requirements set out in Article 8 of Regulation (EU) 2020/852 of the European
Parliament and of the Council of June 18, 2020 on the establishment of a framework to
facilitate sustainable investment, amending Regulation (EU) 2019/2088.
and under the information obtained by the Supervisory Board in the scope of its powers, including but
not limited to internal control and audit as well as access to documents, financial books and
information provided to the Supervisory Board by the Audit Committee in the scope of performing the
tasks by the Audit Committee under the applicable provisions of law, hereby declares that the
aforementioned report was prepared under the requirements of Art. 49 of the Accounting Act of 29
September 1994 (Journal of Laws of 2019, item 351, as amended) and §70 of the Regulation and
positively assesses the aforementioned Report as compliant with the books, documents and facts.
II. Assessment of the Standalone financial statements of "TOYA" S.A. for the financial year
ended on 31 December 2024
The Supervisory Board, upon reading the Standalone financial statements of "TOYA" S.A. for the
financial year ended on 31 December 2024, according to which:
─ balance sheet total amounted to PLN 502 382 thousand (say: five hundred two million three
hundred eighty-two thousand Zloty),
`
TOYA S.A. with its registered office in Wrocław, ul. Sołtysowicka 13-15, postal code 51-168, entered in the Register of Entrepreneurs of the
National Court Register kept by the 6th Economic Division of the District Court for Wrocław – Fabryczna under KRS no. 0000066712, fully
paid-up share capital: PLN 7 883 084.10; NIP: 895-16-86-107; REGON: 932093253.
─ net profit amounted to PLN 55 653 thousand (say: fifty-five million six hundred fifty-three
thousand Zloty),
and upon reading the opinion of the Company's auditor on the audit of this document, according to
which the Statements:
─ give a true and fair view of the financial position of the Company as of December 31, 2024 and
of its financial performance and of its cash flows for the financial year then ended in
accordance with the International Accounting Standards, International Financial Reporting
Standards and related interpretations published in the form of European Commission
regulations and adopted accounting principles (policy),
─ were prepared on the basis of properly maintained books of account,
─ comply with the laws affecting the content and form of the annual financial statements and
the provisions of the Company’s articles of association.
and under the information obtained by the Supervisory Board in the scope of its powers, including but
not limited to internal control and audit as well as access to documents, financial books and
information provided to the Supervisory Board by the Audit Committee in the scope of performing the
tasks by the Audit Committee under the applicable provisions of law, hereby declares that the
aforementioned Statements were prepared under the International Financial Reporting Standards,
give a fair and clear view of the Company’s financial and economic position and it positively assesses
the aforementioned Statements as compliant with the books, documents and facts.
III. Assessment of the Consolidated financial statements of the Group of "TOYA" S.A. for the
financial year ended on 31 December 2024
The Supervisory Board, upon reading the Consolidated financial statements of the Group of "TOYA"
S.A. for the financial year ended 31 December 2024, according to which:
─ balance sheet total amounted to PLN 787 155 thousand (say: seven hundred eighty-seven
million one hundred fifty-five thousand Zloty),
─ net profit amounted to PLN 68 418 thousand (say: sixty eight million four hundred eighteen
thousand Zloty)
and upon reading the opinion of the Company's auditor on the audit of this document, according to
which the consolidated Statements:
─ give a true and fair view of the financial position of the Group as of December 31, 2024 and
of its financial performance and of its cash flows for the financial year then ended in
accordance with the International Accounting Standards, International Financial Reporting
Standards and related interpretations published in the form of European Commission
regulations and adopted accounting principles (policy),
─ comply with the laws affecting the content and form of the annual consolidated financial
statements and the provisions of the Parent’s articles of association.
and under the information obtained by the Supervisory Board in the scope of its powers, including but
not limited to internal control and audit as well as access to documents, financial books and
information provided to the Supervisory Board by the Audit Committee in the scope of performing the
tasks by the Audit Committee under the applicable provisions of law, hereby declares that the
`
TOYA S.A. with its registered office in Wrocław, ul. Sołtysowicka 13-15, postal code 51-168, entered in the Register of Entrepreneurs of the
National Court Register kept by the 6th Economic Division of the District Court for Wrocław – Fabryczna under KRS no. 0000066712, fully
paid-up share capital: PLN 7 883 084.10; NIP: 895-16-86-107; REGON: 932093253.
aforementioned Statements were prepared under the International Financial Reporting Standards,
give a fair and clear view of the Group of the Company and it positively assesses the aforementioned
Statements as compliant with the books, documents and facts.
