Corporate governance
Corporate documents
Best Practices of Companies Listed on the Warsaw Stock Exchange
Diversity policy
When selecting the company’s management and key managers, the company strives to ensure inclusivity and diversity, particularly in terms of gender, educational background, age and professional experience. The decisive factors here are, above all, high qualifications and the professional competence required to perform a specific role.
The aim of the diversity policy is to foster awareness and an organisational culture open to diversity, which leads to increased work efficiency and combats discrimination.
The basis of diversity management at Apator SA is the creation of equal opportunities in access to professional development and promotion.
Transactions with related parties
The Apator Group did not enter into any transactions with related parties within the meaning of Chapter 4b of the Act on Public Offerings.
Auditor
The entity authorised to review and audit the separate and consolidated financial statements for the years 2024–2025 is KPMG Audyt sp. z o.o. sp. k., with its registered office in Warsaw.
Information regarding the company’s current policy on changing the entity authorised to audit financial statements
Pursuant to § 20 of the Articles of Association of Apator SA, the entity authorised to audit financial statements is selected by the Supervisory Board in a manner ensuring its independence in the performance of the tasks entrusted to it.
Furthermore, transparent and clear selection criteria are applied when selecting an audit firm to audit the financial statements. The main criteria are:
- experience in auditing the financial statements of similar capital groups (in relation to the size of the Apator Group, its dispersed geographical structure and the industry in which the Apator Group operates),
- experience in the areas of risk management, internal control, IT control and corporate governance,
- compliance with the principles of impartiality and independence of the audit firm,
- the absence of any conflict of interest,
- optimisation of the costs of auditing financial statements.
The Supervisory Board, having considered the Audit Committee’s recommendations, appoints an audit firm for a term of 2 to 3 years. The appointed firm may be re-appointed, provided that the maximum uninterrupted duration of statutory audit engagements does not exceed 10 years.
| Audited financial statements for the years | Entity authorised to audit financial statements |
|---|---|
| 2024–2025 | KPMG Audyt limited liability partnership in Warsaw |
| 2021–2023 | PricewaterhouseCoopers Sp. z o.o. Audyt Sp. k. with its registered office in Warsaw |
| 2018–2020 | PricewaterhouseCoopers Sp. z o.o. Audyt Sp. k. with its registered office in Warsaw |
| 2017 | KPMG Audyt limited liability partnership in Warsaw |
| 2014–2016 | KPMG Audyt limited liability partnership in Warsaw |
| 2011–2013 | KPMG Audyt Limited Partnership in Warsaw |
The opinions and reports of the independent auditor can be found in the Financial Data and Periodic Reports section.
Tax strategy
We apply the highest standards in our tax advisory services, ensuring that legal obligations are met accurately and on time. This is our contribution to securing public funds to support the country’s economic development and important social initiatives.
Our standards