Smartpay Holdings advises that it has accepted the resignation of KPMG as external auditor of the company with effect from 7 November 2022. The Board has resolved to appoint PricewaterhouseCoopers (PwC) as the group’s new external auditor on the same day for the financial year commencing 1 April 2022.
The decision to change the external auditor in no way reflects on the performance of KPMG. Rather, the board determined that after a long period as Smartpay’s external auditor it was good governance to change the auditor.
PwC’s appointment follows a formal request for proposal process that was overseen by Smartpay’s Audit and Finance Committee.
Smartpay would like to thank KPMG for their service and support of the company.
ENDS
Approved for release by the Board of Smartpay Holdings Limited.
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