The annual financial statements prepared by the Executive Board in accordance with the provisions of the German Commercial Code (HGB) for the financial year from 1 January 2021 to 31 December 2021 and the freenet AG management report were audited by PwC GmbH WPG. The audit assignment had been awarded jointly by the chairman of the Supervisory Board and the chairman of the audit committee in accordance with the resolution adopted by the Annual General Meeting on 18 June 2021. The auditor issued an unqualified auditor’s report. The consolidated financial statements of freenet AG as at 31 December 2021 were prepared in accordance with section 315e HGB on the basis of the international financial reporting standards (IFRSs). The auditor issued an unqualified auditor’s report for these consolidated financial statements and the Group management report.
The auditor’s report of the auditor, PwC GmbH WPG, has been signed by Niklas Wilke in his capacity as the responsible auditor. Niklas Wilke was responsible for the audit of the company for the fourth year in a row. PwC GmbH WPG has been acting as the auditor of the company without interruption since auditing the annual financial statements for financial year 2014.
The audit was reported on and discussed in the audit committee on 22 February 2022 and at the Supervisory Board meeting on 22 March 2022. The auditors took part in the Supervisory Board’s and the committee’s deliberations on the annual and consolidated financial statements. They reported on the key findings of the audits and were at the disposal of the audit committee and the Supervisory Board for supplementary questions and information. As a result of its own final examination of the annual and consolidated financial statements, the management report and the Group management report, the Supervisory Board raised no objections and approved the result of the audit conducted by the auditor.
The Supervisory Board followed the audit committee’s recommendation and approved the annual and consolidated financial statements at its meeting on 22 March 2022. The annual financial statements are thus adopted. At its meeting on 22 March 2022, the Supervisory Board also examined the Executive Board’s proposal for the appropriation of net retained profits and discussed it with the auditor. Subsequent to this, the Supervisory Board – following the audit committee’s recommendation – gave its consent to the Executive Board’s proposal.