Vetoquinol Universal Registration Document 2019

2 56   Vetoquinol  Universal Registration Document 2019  Financial report STATEMENT OF NON-FINANCIAL PERFORMANCE Auditor’s report 2.8 Auditor’s report Year ended December 31, 2019 Dear Shareholders, Further to the request submitted to us by Vetoquinol (the “entity”) and in our capacity as independent third-party body authorized by COFRAC under number 3-1081 (the scope of this authorization may be consulted on www. cofrac.fr ), we hereby submit to you our report on the consolidated statement of non-financial performance for the year ended December 31, 2019 (the “Statement”), as presented in the Group management report in accor- dance with the statutory and regulatory provisions of Articles L. 225-102-1, R. 225-105 and R. 225-105-1 of the French Commercial Code. Entity’s responsibility The Board of Directors is required to draw up a Sta- tement in compliance with statutory and regulatory provisions including a presentation of the business model, a description of the main non-financial risks, a presentation of the policies applied in response to these risks and the results of said policies, including key per- formance indicators. The Statement was drawn up in accordance with the guidelines (“Guidelines”) applied by the entity, the main provisions of which may be consulted on request at the company’s head office. Independence and quality control Our independence is defined by the terms of Article L. 822-11-3 of the French Commercial Code and by our professional code of conduct. In addition, we have imple- mented a quality control system comprising documented policies and procedures designed to guarantee com- pliance with ethical principles, professional standards and applicable statutory and regulatory provisions. Responsibility of the independent third- party body It is our responsibility, on the basis of our work, to esta- blish a substantiated opinion expressing a conclusion of limited assurance regarding: • compliance of the Statement with the provisions of Article R. 225-105 of the French Commercial Code; • fair presentation of the information provided in appli- cation of Article R. 225-105 I (3) and II of the French Commercial Code, namely the results of the poli- cies, including key performance indicators, and the measures taken in response to the main risks (the “Information”). We are not, however, required to express an opinion regarding: • the entity’s compliance with other applicable statutory and regulatory provisions, including those related to the vigilance plan and the prevention of corruption and tax evasion; • compliance of products and services with applicable regulations. Nature and scope of audit We conducted our audit in accordance with professional standards applicable in France establishing the terms and conditions under which the independent third-party body performs its duties, and with international standard ISAE 3000. Our audit was conducted between February 21 and April 7, 2020, over a duration of 7 person-days. We conducted five interviews with the persons res- ponsible for the Statement. We performed such operations as to allow us to assess the compliance of the Statement with regulatory provi- sions and the fair presentation of the Information: • we acquired an understanding of the business activity of all companies included in the consolidation scope, the description of the main social and environmental risks related to such activity, the impact of such risks on the defense of human rights and the prevention of corruption and tax evasion, the policies established in response to said risks and the results of said policies; • we assessed the appropriateness of the Guidelines in terms of their relevance, completeness, reliability, objectiveness and clarity, taking industry good prac- tices into account where applicable; • we verified whether the Statement covered each infor- mation category listed by Article L. 225-102 1 (III) of the French Commercial Code with regard to social and environmental issues, as well as the defense of human rights and prevention of corruption and tax evasion; • we verified whether the Statement presented the business model and the main risks related to the business activity of all entities included in the consolidation scope, including, where relevant and proportionate, the risks generated by its business relationships, products or services, as well as the poli- cies, measures and results, including key performance indicators; • we verified whether the Statement presented the infor- mation listed in Article R. 225-105 II of the French Commercial Code, where such information is relevant to the main risks or policies presented;