INDEPENDENT AUDITOR’S REPORT ON A LIMITED ASSURANCE ENGAGEMENT CONCERNING SUSTAINABILITY INFORMATION ACCORDING GRI *
To PUMA SE, Herzogenaurach (Germany)
We have performed a limited assurance engagement on the disclosures made within the section “Sustainability” and “Our People” within the group report 2018 – Combined Financial and Sustaina-bility Report (hereinafter: “sustainability report”) of PUMA SE, Herzogenaurach (Germany), (herein-after: “the Company”) for the period from January 1 to December 31, 2018.
In the course of our review we did not examine and assess the non-financial information concerning their accordance based on § 315c HGB (German Commercial Code) in conjunction with §§ 289c to 289e HGB. In addition, the examination of references to internal or external sources of documentation and expert opinions was not subject of our engagement.
Responsibility of the Legal Representatives
The Legal Representatives of the Company are responsible for the preparation of the sustainability report in compliance with the Sustainability Reporting Standards of the Global Reporting Initiative provided in the “Core” option (hereafter: “GRI criteria”) as well as for the selection of the disclosures to be assessed.
This responsibility of the Company’s Legal Representatives includes the selection and application of appropriate methods for the sustainability reporting as well as making assumptions and estimates related to individual sustainability disclosures, which are reasonable in the circumstances. In addition, the Legal Representatives are responsible for such internal control they have determined necessary to enable the preparation of the sustainability report that is free from material misstatements, whether intentional or unintentional.
Practitioner’s declaration relating to independence and quality
We are independent of the Company in accordance with the provisions under German commercial law and professional requirements, and we have fulfilled our other ethical responsibilities in accordance with these requirements.
Our audit company applies the German national legal requirements and the German profession’s pronouncements for quality control, in particular the by-laws governing the rights and duties of public auditors and chartered accountants (Berufssatzung für Wirtschaftsprüfer und vereidigte Buchprüfer) as well as the IDW Standard on Quality Control 1: Requirements for Quality Control in Audit Firms [IDW Qualitätssicherungsstandard 1: Anforderungen an die Qualitätssicherung in der Wirtschaftsprüferpraxis (IDW QS 1)], which comply with the International Standard on Quality Control 1 (ISQC 1) issued by the International Auditing and Assurance Standards Board (IAASB).
Our responsibility is to express a limited assurance conclusion on the disclosures within the sustainability report, based on the assurance engagement we have performed.
We conducted our assurance engagement in compliance with the International Standard on Assurance Engagements (ISAE) 3000 (Revised): “Assurance Engagements other than Audits or Reviews of Historical Financial Information” issued by the IAASB. This standard requires that we plan and perform the assurance engagement in a form that enables us to conclude with limited assurance that nothing has come to our attention that causes us to believe that the information disclosed in the sustainability report of the Company for the period from January 1 to December 31, 2018 has not been prepared, in all material respects, in compliance with the relevant GRI criteria. In a limited assurance engagement the assurance procedures are less in extent than for a reasonable assurance engagement and, therefore, a substantially lower level of assurance is obtained. The assurance procedures selected depend on the practitioner’s professional judgment.
* We have issued an independent assurance report in German language, which is authoritative. The following text is a convenience translation of the independent practitioner’s assurance report.