Relevance

The integrated report of the GPW Group provides a comprehensive presentation about how the Group creates stakeholder value. According to the International Integrated Reporting Framework and additional documents issued by the IIRC, an integrated report should disclose information about factors that materially affect the ability of an organisation to create value over the short, medium and long term and which could, if distorted or omitted, actually affect the assessment of the suppliers of financial capital in reference to the ability of the organisation to create value over the short, medium and long term.

Consequently, this report presents information which, in our opinion, is important to existing and prospective investors concerning the ability of the GPW Group to create value over the short, medium and long term, and useful to all other stakeholders who would like to evaluate our activities. This report discloses the interdependencies between our external environment, the activity of the group, the business model, the results, the opportunities and threats and the value creation process in the context of our strategy, corporate governance and corporate social responsibility approach.

The materiality determination process, which involves: identifying relevant matters, evaluating the importance of relevant matters, prioritising the matters, and determining the information to disclose about material matters, took place as a structured internal consultation of the GPW Group Management and senior managers. It produced a materiality matrix and a map of key factors of relevance to the stakeholders. Those include all financial and non-financial aspects affecting value creation in the GPW Group.

Stakeholder relationships

The fundamental activities of the GPW Group include the establishment and maintenance of lasting and effective relationships with many groups of internal and external shareholders. The GPW Group is aware of the key importance of addressing the needs and expectations of its stakeholders in value creation. We regularly engage our stakeholders in order to receive diverse feedback. Interested parties play an important role as they make us understand their perception of our results, help us develop and align our products and services with current needs and market trends in order to better serve the investor community and direct our future business strategy. We realise that stakeholder feedback can be useful in defining new trends which will be gaining in importance.