Announcement

accon■avm expects to publish its financial statements for 2020 before the end of 2021. accon■avm was forced to postpone the filing of its financial statements because adjustments were required. Errors in the financial statements for 2020 will be rectified. accon■avm expects its loss for 2020 to be higher than previously thought. Equity will also have to be adjusted. accon■avm will not go into further detail on this matter at this time.

Interim CEO Theo de Vries: ‘It is most unfortunate that the financial statements have not been published to date. The public should be able to trust that the financial statements of an accounting firm such accon■avm in particular are error-free and duly available. We have no time to lose to restore the profitability of our business. That is why we have taken a number of measures, including a cost-cutting initiative. Our people have been notified of the nature of the measures. Due, in part, to one-off costs associated with achieving cost savings in 2022, accon■avm will suffer a loss in 2021 as well.’

accon■avm also announces that it has suspended Guus Delger. As CEO and former CFO, he can be held accountable for the current situation, which is still under investigation.

Theo de Vries: ‘It goes without saying that the quality of our services remains our first priority. We expect to return to profitability in 2022 thanks to the talents and commitment of our people, our business model and the earning capacity in the sector.’