WORK SERVICE S.A. - Disclosure of information to the public

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 53 / 2021

Data sporządzenia: 2021-09-23

Skrócona nazwa emitenta

WORK SERVICE S.A.

Temat

Disclosure of information to the public

Podstawa prawna

Art. 17 ust. 1 MAR - informacje poufne.

Treść raportu:

The Management Board of Work Service S.A. ("Issuer"), in reference to current report: (i) no. 109/2020 of December 31, 2020 regarding evaluation of events taking place in a subsidiary company Prohumán 2004 Munkaerő Szolgáltató és Tanácsadó Kft. seated in Budapest, in which the Issuer holds shares representing a majority (80.22%) of votes at the Meeting of Shareholders ("Prohuman"); (ii) no. 17/2021 of March 31, 2021 concerning the Board of Directors' assessment of the loss of control over the subsidiary Prohuman in accordance with International Financial Reporting Standards ("IFRS") 10; (iii) no. 51/2021 on the publication of Prohuman's separate financial statements according to the accounting standards provided for in Hungarian law; informs that in connection with the receipt of a letter by post, the separate financial statements of Prohuman for 2020 prepared in accordance with the IFRS standards, the Issuer stated that there are differences from the separate financial statements of Prohuman prepared in accordance with the accounting standards resulting from the provisions of law Hungarian, about which the Issuer communicated in the current report no. 51/2021. In connection with the above, the Issuer communicates the identified differences. Data in terms of accounting standards according to Hungarian law: 2019 THUF: Total assets - 15 261 824 Shareholders’ equity- 7 187 532 Net income (after tax) - 1 063 631 Total revenue - 34 320 108 Pre-tax profit - 1 166 587 2020 THUF: Total assets - 17 592 432 Shareholders’ equity - 8 443 342 Net income (after tax) - 1 255 810 Total revenue - 31 873 764 Pre-tax profit - 1 374 017 Data according to IFRS: 2019 THUF: Total assets - 20 374 864 Shareholders’ equity- 7 417 325 Net income (after tax) - 1 054 262 Total revenue - 34 338 901 Pre-tax profit - 1 570 333 2020 THUF: Total assets - 21 326 408 Shareholders’ equity - 7 572 517 Net income (after tax) - 155 192 Total revenue - 31 751 829 Pre-tax profit - 678 849 Separate financial statements of Prohuman prepared in accordance with IFRS standards do not change the degree of control of the Issuer over the Prohuman Capital Group, to which Prohuman belongs. Consequently, the information disclosed by the Issuer in the current reports no. 109/2020 and 17/2021 remain up-to-date and do not change. In addition, the Issuer indicates that it has still not received from Prohuman appropriate data for the Prohuman Capital Group, prepared in accordance with IFRS. The data included in the separate financial statements of Prohuman for 2020 prepared in accordance with IFRS may differ from the consolidated data of the Prohuman Capital Group. As a result of the analysis, the Issuer decided that it is justified to classify the information referred to above as confidential information within the meaning of Art. 17.1 of the MAR, to be published in the form of this report. Legal basis: Art. 17.1 of MAR (Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC). Signatures: Iwona Szmitkowska - President of the Management Board Paolo Caramello - Vice-President of the Management Board

MESSAGE (ENGLISH VERSION)

WORK SERVICE SPÓŁKA AKCYJNA

(pełna nazwa emitenta)

WORK SERVICE S.A. Usługi inne (uin)

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

53-413 Wrocław

(kod pocztowy) (miejscowość)

Gwiaździsta 66

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

www.workservice.pl

(e-mail) (www)

897-16-55-469 932629535

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2021-09-23 Iwona Szmitkowska President of the Management Board

2021-09-23 Paolo Caramello Vice-President of the Management Board