Statement of the Supervisory Board

Pursuant to the requirements of the Regulation of the Minister of Finance of March 29, 2018 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a non-member state may be recognized as equivalent, the Supervisory Board of Cyfrowy Polsat S.A. comprised of:

●        Zygmunt Solorz – Chairman of the Supervisory Board,

●        Tobias Solorz – Vice-Chairman of the Supervisory Board,

●        Piotr Żak – Vice-Chairman of the Supervisory Board,

●        Józef Birka – Member of the Supervisory Board,

●        Jarosław Grzesiak – Member of the Supervisory Board,

●        Marek Grzybowski – Member of the Supervisory Board,

●        Alojzy Nowak – Member of the Supervisory Board,

●        Tomasz Szeląg – Member of the Supervisory Board,

hereby makes the following representations:

I. Statement on the policy of selection of an auditing company

The Supervisory Board hereby states the following:

1)	on July 10, 2023 it consented to extend the agreement and choose Ernst & Young Audyt Polska Spółka z ograniczoną odpowiedzialnością Sp. k., with its registered office in Warsaw, for the performance of the audit of standalone financial statements of Cyfrowy Polsat S.A. and the consolidated financial statements of Cyfrowy Polsat Group for the financial years ended December 31, 2023 and December 31, 2024, in compliance with the applicable regulations,
2)	both the audit firm and the audit team members met the conditions to develop an impartial and independent report on the audit of annual financial statements in line with the mandatory legal provisions, standards of profession and rules of professional ethics,
3)	Cyfrowy Polsat S.A. complies with the provisions on the rotation of the audit firm and the key auditor as well as mandatory cooling-off periods,
4)	Cyfrowy Polsat S.A. has adopted a policy of selection of an audit company and the policy of provision to the issuer by an audit company, entities affiliated with that audit company or a member of their networks, of authorized non-audit services, including services exempted conditionally from the ban on provision of services by an audit company,
5)	the requirements relating to the establishment, composition and functioning of the Audit Committee, including those relating to independence of the majority of its members as well as to knowledge and skills in the sector in which Cyfrowy Polsat S.A. operates as well as in accounting or auditing are fulfilled,
6)	the Audit Committee has performed the tasks set forth in the mandatory legal provisions.

II. Assessment of the financial statements of Cyfrowy Polsat S.A., the consolidated financial statements of Cyfrowy Polsat S.A. Capital Group, the report of the Management Board on the activities of Cyfrowy Polsat S.A. and the report of the Management Board on the activities of Cyfrowy Polsat S.A. Capital Group in 2022

The Supervisory Board has examined and assessed the following documents:

1)	the financial statements of Cyfrowy Polsat S.A. for the financial year ended December 31, 2023 prepared in accordance with International Financial Reporting Standards, including:
	a)	the balance sheet as at December 31, 2023, showing total assets and total equity and liabilities of PLN 19,732.9 million,
	b)	the income statement for the financial year ended December 31, 2023, showing net profit of PLN 639.6 million,
	c)	the statement of comprehensive income for the financial year ended December 31, 2023, showing a total comprehensive income of PLN 615.7 million,
	d)	the statement of changes in equity for the financial year ended December 31, 2023, showing an increase in equity of PLN 615.7 million,
	e)	the cash flow statement for the financial year ended December 31, 2023, showing a net increase in cash and cash equivalents amounting to PLN 1,762.9 million,
	f)	notes to financial statements.
2)	the report of the Management Board on the activities of Cyfrowy Polsat S.A. in the financial year 2023,
3)	the consolidated financial statements of Cyfrowy Polsat S.A. Capital Group for the financial year ended December 31, 2023 prepared in accordance with International Financial reporting Standards, including:
	a)	the consolidated balance sheet as at December 31, 2023, showing the balance sheet total of PLN 37,176.7 million,
	b)	the consolidated income statement for the financial year ended December 31, 2023, showing net profit of PLN 311.6 million,
	c)	the consolidated statement of comprehensive income for the financial year ended December 31, 2023, showing a total comprehensive income of PLN 262.6 million,
	d)	consolidated statement of changes in equity for the financial year ended December 31, 2023, showing an increase in equity of PLN 494.4 million,
	e)	consolidated cash flow statement for the financial year ended December 31, 2023, showing a net increase in cash and cash equivalents amounting to PLN 2.512,9 million,
	f)	notes to consolidated financial statements.
4)	the report of the Management Board on the activities of Cyfrowy Polsat S.A. Capital Group in the financial year ended December 31, 2023.

Having analyzed the above-mentioned documents and the consolidated financial statements of Cyfrowy Polsat S.A. Capital Group for the financial year ended December 31, 2023, and having acquainted itself with the information of the Audit Committee on the course and results of the examination of fairness of financial reporting in Cyfrowy Polsat S.A. Capital Group, the Supervisory Board hereby states that the information presented in the above mentioned statements reflects in an accurate and proper manner the operational and financial standing of Cyfrowy Polsat S.A. and Cyfrowy Polsat S.A. Capital Group.

Considering the above, the Supervisory Board hereby represents that:

●	the financial statements of Cyfrowy Polsat S.A. for the financial year 2023,
●	the report of the Management Board on the activities of Cyfrowy Polsat S.A. in the financial year 2023,
●	the consolidated financial statements of Cyfrowy Polsat S.A. Capital Group for the financial year 2023,
●	the report of the Management Board on the activities of Cyfrowy Polsat S.A. Capital Group in 2023

have been drawn up in accordance with the books and documents as well as with the factual status and mandatory legal provisions.

Zygmunt Solorz Chairman of the Supervisory Board		Tobias Solorz Vice-Chairman of the Supervisory Board		Piotr Żak Vice-Chairman of the Supervisory Board
Józef Birka Member of the Supervisory Board		Jarosław Grzesiak Member of the Supervisory Board		Marek Grzybowski Member of the Supervisory Board
Alojzy Nowak Member of the Supervisory Board		Tomasz Szeląg Member of the Supervisory Board

Warsaw, April 10, 2024