Auditor

Information about the auditor

On June 5, 2019, the Annual General Meeting of DWS Group GmbH & Co. KGaA (“DWS KGaA”) appointed KPMG Aktiengesellschaft Wirtschaftsprüfungsgesellschaft (“KPMG”), with its registered office in Berlin, as the auditor of the annual financial statements and as the auditor of the consolidated financial statements for the fiscal year 2019 as proposed by the Supervisory Board based on the recommendation of its Audit and Risk Committee.

KPMG as also appointed to perform the limited review of the condensed financial statements and the interim management report as of June 30, 2019 (§ 115 (5), § 117 No. 2 Securities Trading Act) and any other interim financial reports (§ 115 (7) Securities Trading Act) with cut-off dates prior to December 31, 2019.

Audit firms from the KPMG Group also audit the majority of the subsidiaries included in the consolidated financial statements as well as the non-financial report and the dependent company report required by law.

KPMG has been acting as auditor for DWS KGaA since the audit of the 2016 annual financial statements.

Ernst & Young GmbH, Wirtschaftsprüfungsgesellschaft (“EY”), with its registered office in Stuttgart, was appointed to perform the limited review of the condensed financial state-ments and the interim management report as of June 30, 2020 (§ 115 (5), § 117 No. 2 Securities Trading Act) and any other interim financial reports (§ 115 (7) Securities Trading Act) with cut-off dates after December 31, 2019, but prepared prior to the General Meeting in 2020.

Although EY, as a result of an auditor tendering process conducted in 2018, was their previously preferred firm, the Supervisory Board of DWS KGaA has decided not to propose EY to the annual general meeting as statutory auditor for the financial year 2020. Instead, the Supervisory Board proposes that shareholders vote in favour of remaining with the current auditor and renewing the appointment of KPMG. This decision was made in an abundance of caution and under due consideration to avoid any possible future conflicts arising potentially from the role of EY as statutory auditor of Wirecard AG.

The auditor responsible is Ulrich Kuppler (since 2016).

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