Subject: LEPL Pension Agency/Scheme - 2019 Audits: Communication to Those Charged With Governance
From: "Safaryan, Karen" <[email-masked]>
To: "[email-masked]" <[email-masked]>, "[email-masked]" <[email-masked]>, "[email-masked]" <[email-masked]>, "[email-masked]" <[email-masked]>
Cc: "[email-masked]" <[email-masked]>, "Arakelashvili, Mariam" <[email-masked]>
Date: Tue, 02 Jun 2020 22:33:29 +0000

Dear Supervisory Board Members,

As a brief introduction – my name is Karen Safaryan, who acted as the engagement leader on the audits of IFRS Financial Statements of the Pension Scheme for the year ended 31 December 2019 and of IPSAS Financial Statements of the Pension
Agency for the year ended 31 December 2019.

The Independent Auditors’ Reports on both financial statements were issued on 29 May 2020 (please find attached Appendix 1 and Appendix 2 for the issued audit reports with relevant financial statements).

As required by ISA 260 (Communication with Those Charged with Governance), I would like to communicate you the letter with appendices (attached to this email) addressed to Those Charged With Governance (“TCWG”) of LEPL Pension Agency,
whom we considered to be the Supervisory Board of LEPL Pension Agency.

For more details on audits’ focus areas, key findings and for the independence confirmation, etc., please refer to attached TCWG Letter with Appendices.

Should you have any question, please do not hesitate to contact me any time.

Best Regards

Karen Safaryan

Director, Head of Audit

KPMG Georgia

GMT Plaza

5th floor, 4 Liberty Square

Tbilisi, Georgia 0105

T +995 322 93 57 13

M +995 557 176 066

[email-masked]

www.kpmg.ge

KPMG Georgia LLC, a company incorporated under the laws of Georgia

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