WHO we are The wider community Our values We do what is right INTEGRITY REVENUES BY FUNCTION A business should be about more than making profits. It should also be a positive 39.1 mil force within the community, contributing to the well-being of society as a whole. For We never stop learning and improving EXCELLENCE KPMG, supporting our community is at the heart of our values and is fundamental to the 28% 30% 48% way we do business. We encourage our employees to participate in corporate social Advisory Tax Audit responsibility activities. KPMG firms have We think and act boldly COURAGE We respect each other partnered with numerous international development agencies and non-governmental organizations to pioneer a model of professional cooperation. TOGETHER We draw strength from our differences 850 Win-green situations We do what matters For Better Employees KPMG is committed to integrating environmental best practice into all of our business activities. We take our Offices in environmental responsibility seriously, and, 19 through a program of continous Romania improvement throughout all our operations, Partners we are working hard to reduce our impact on the environment. KPMG in Romania has implemented an Environmental Policy since 2008 and we obtained the ISO 14001 certification in 2009, demonstrating that KPMG in Romania meets the requirements for an Environmental Management System (EMS).And we didn`t stop here. To find out more about our actions, including volunteering, tree planting, donations, education and much more, please visit our website www.kpmg.ro Business combinations assurance Future / forecasts Audits of financial assurance statements prepared according to IFRS and other Revenue Sustainability accounting standards assurance assurance IT Systems Reports Regulatory & assurance for IPOs and listings contractual assurance Other assurance services Statutory audits Reviews Internal specifically tailored to your circumstances of annual and controls quarterly financial assurance Ethics assurance statements Our Audit and Assurance services include: A dedicated and accessible Core management team Our core team will be dedicated to your business and will consider Banca Transilvania Group as their top priority client. We will also serve as an independent sounding board for Management and the Audit Committee to discuss points of view on financial reporting, provide insights on our assessment of how optimistic or cautious critical judgements are and how they compare to other entities in the industry. Cezar Gabriel Tudor Alexandru Irina Narcisa Furtună Grecu Rubeli Stănculescu Engagement Partner, Concurring Partner, EQCR Director, Senior Manager, Head of Audit Head of Financial Services Subsidiaries Coordinator Group Audit Coordinator As Engagement Partner, Cezar is your As Concurring Review Partner, Tudor will Irina will bring her strong experience in Narcisa will leverage her previous central point of contact and will also serve support Cezar in coordinating the audit of IFRS and complex accounting matters experience in working with Banca as signing Partner for Banca Transilvania. Banca Transilvania Group, most notably gained through her work in our Department Transilvania for acting as the best hands-on An important part of his responsibility is to dealing with various judgemental aspects of of Financial Services to your subsidiaries. coordinator of the audit. ensure you benefit from fast and conclusive Group reporting and handling critical audit She will work closely together with the She has experience working closely with decision-making, and from impeccable issues, such as IFRS 9. Engagement Partner to ensure a smooth Cezar, Tudor and Irina in previous coordination of the Group audit. and quality audit. He will ensure that we keep on providing engagements and will ensure the smooth His role as Head of Audit will help Cezar a high-quality audit while continuously Irina will leverage her experience in operation of your audit. deploy the right resources for the Group seeking to increase the efficiency of coordinating large-scale audits, She was also involved in the audit of Banca benefit. He will lead the proactive and our work. corroborated with the knowledge of Banca Transilvania Group in prior years , acting as smooth communication with your Transilvania Group, to ensure that there is a in-charge, respectively as a manager of the management, Audit Committee and Board timely synchronization of the subsidiaries engagement, so she has a strong of Directors. audits with the audit of the Bank. knowledge of the Group. Cezar was involved in the audit of Banca Transilvania Group in the previous mandate Empowered lead partners and is the engagement partner for BC VictoriaBank S.A.. His significant experience Cezar and Tudor have worked closely together. They complement We have taken great care in matching our team’s expertise to your in consolidation, listed IFRS, as well as his each other's strengths and areas of expertise. They are both needs and have built a multidisciplinary senior team experienced in very good knowledge of the Group, will empowered to make final decisions. Both have experience of running large FS audits under IFRS. The team members have an in- ensure a high-quality audit while being an auditor in challenging times and have built experience depth understanding of local markets, your industry and continuously seeking to increase the with national and international banks over the recent years from data & analytics. efficiency of our work. both audit and non-audit perspectives. Specialists and Solution Team KPMG provides company-wide sector-specific solutions. The global experience of our specialists is brought together through industry-focused teams and contributes an extra dimension to the quality of our audit services. In this way, we are in a position to bring to the audit team the necessary specialist capabilities and, at the same time, to make available to you the specifically selected “Solution Team”. Nicoleta Johannes Denis Rusu Ionuț Pastor Donoiu DPP Director and D&A Măstăcăneanu Head of FS Audit at EMA Manager Specialist Tax Director Johannes has spent his career auditing and Denis will be our Valuation specialist, bringing to Nicoleta will be our professional practice Ionut will be the tax accounting specialist for advising some of the world’s largest-listed financial Banca Transilvania Group her long - standing specialist and expert in Data&Analytics. She has Banca Transilvania Group and is the leader for tax services institutions with an emphasis on finance expertise and the capacity to mobilize resources over 18 years of experience in auditing group matters in financial services in Romania. He function transformation, implementation of IAS 39, and provide advice in areas of value to you. She reporting packages, preparing standalone and / or brings more than 15 years of experience in audit IFRS 9, and risk and regulatory projects. was involved in advisory services for Banca consolidating financial statements in accordance and tax advisory services and knowhow in tax Johannes is 33 years with KPMG and has worked Transilvania’s acquision of Bancpost and with International Financial Reporting Standards, auditing and reporting techniques, all very for our national practices Germany, United States, VictoriaBank and will coordinate the team of financial statements reviews. From 2012 to date, important areas for Banca Transilvania Group. Spain, Canada and most recently in the Valuation Specialists who will provide assistance she has been working with KPMG International Netherlands. He is one of our representative to the to audit. to develop and implement the audit methodology European Central Bank (ECB) for all financial in different countries across Europe. accounting, control and risk topics. Laura René Toncescu(a) Schöb (a) Angela Gabriel (a) Partner KPMG, Manolache Tanase(a) Partner, Head of Tax & Head of KPMG Legal Legal Services and Head Partener, (Toncescu and Partners SPRL) IT Partner of German Desk Financial Risk Management Laura has an experience of over 20 years in legal Gabriel will act as our IT Specialist, supporting us Rene has an experience of over 10 years as Tax Angela will act as our advisor in the Risk advisory services strong focus on the various and in deploying the Digital Audit. He has extensive Advisor and Consultant for incoming investors in Consulting area. She is involved in providing complex regulations of the financial services expertise in the cyber security and penetration Romania, out of which 9 years as a Managing advisory services in governance, risk and sector. testing. Gabriel leads the cyber security center of Partner of international Professional Services reporting engagements. She has been entrusted by top banks as their excellence which works for a number of firms in Romania. She will also coordinate the network of key legal advisor and will assist the audit team in European financial institutions. He can bring his experience in advising medium specialists in Financial Risk Management and the area of complex legal issues. She can further He will bring extensive knowledge about your IT and large international privately owned Accounting Advisory, assisting the audit team in support your team with ad-hoc queries. environment to the audit team for a swift and businesses and corporates on financial strategy the IFRS 9 area. smooth transition. and taxation, including direct corporate taxes and Note: (a) Solution Team international tax structuring to you. He can further