The manager of REDWOOD Holding S.A. in restructuring (hereinafter: the Company) informs that on 31 July 2017, the Supervisory Board of the Company adopted a resolution on selecting an auditor to audit the Company's financial statements and consolidated financial statements of the REDWOOD Capital Group for 2017 and 2018 and review the interim reports of the Company and consolidated interim reports of the REDWOOD Capital Group for the six months ended 30 June 2017 and 30 June 2018. br> An entity selected by the Supervisory Board of the Company to conduct the above-mentioned the activities are Kancelaria Biegłych Rewidentów "Czupryniak i Wspólnicy" Sp. z o.o. based in Łódź, entered by the National Council of Statutory Auditors on the list of entities authorized to audit financial statements under number 3791. br> The Company did not use the services of Kancelaria Biegłych Rewidentów "Czupryniak i Wspólnicy" Sp. z o.o. when auditing financial statements. br> The contract, the conclusion of which the Supervisory Board authorized the Company's Manager, will be concluded for a period of two years. The choice was made in accordance with applicable regulations. Br>
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