“2. Revocation of BDO AUDIT SRL as the Company’s auditor (..). 3. The election of the new auditor LIONLINK AUDIT SRL, with headquarters in Cluj-Napoca, AVRAM IANCU Square, No. 15, Cluj County (..) for auditing the individual and consolidated financial statements for the fiscal year 01.01.2023 – 31.12.2023, as well as the authorization of the Board of Directors, in the name and on behalf of the Company, with full power and authority.” The mandate of the auditor is established until April 30, 2024.
Shareholders are also expected to elect the auditor KPMG “to carry out the statutory audit of the individual financial statements of the companies part of Bittnet group, starting with the fiscal year 2024, as well as the authorization of the Board of Directors, in the name and on behalf of the Company, with full power and authority”.
“The auditor’s mandate is established for a term that will start on 01.05.2024, until 30.04.2025. From the date of appointment of KPMG AUDIT SRL as auditor of the Company, respectively 01.05.2024, the mandate of the previous auditor, LIONLINK AUDIT SRL, is revoked.
Bittnet has a market value of RON159 million and its shares have lost 15% so far in 2023.