Business
Kaleon S p A : 2025 Annual Financial Report
Kaleon S p A : 2025 Annual Financial
About this update from Kaleon S.p.a.
(This independent auditors' report has been translated into English solely for the convenience of international readers. Accordingly, only the original Italian version is authoritative.) KALEON S.p.A. Separate financial statements as at and for the year ended 31 December 2025 (with auditors' report on review thereof) KPMG S.p.A. 13 April 2026 KPMG S.p.A. Revisione e organizzazione contabile Via Giovanni Battista Pirelli, 38 20124 MILANO MI Telefono +39 02 6763.1 Email [email protected] PEC [email protected] (This independent auditors' report has been translated into English solely for the convenience of international readers. Accordingly, only the original Italian version is authoritative.) Independent auditors' report pursuant to article 14 of Legislative decree no. 39 of 27 January 2010 To the shareholders of KALEON S.p.A. Report on the audit of the separate financial statements Opinion We have audited the separate financial statements of KALEON S.p.A. (the "company"), which comprise the balance sheet as at 31 December 2025, the profit and loss account and cash flow statement for the year then ended and notes thereto. In our opinion, the separate financial statements give a true and fair view of the financial position of KALEON S.p.A. as at 31 December 2025 and of its financial performance and cash flows for the year then ended in accordance with the Italian regulations governing their preparation. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (ISA Italia). Our responsibilities under those standards are further described in the "Auditors' responsibilities for the audit of the separate financial statements" section of our report. We are independent of the "company" in accordance with the ethics and independence rules and standards applicable in Italy to audits of financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Responsibilities of the company's directors and board of statutory auditors ("Collegio Sindacale") for the separate financial statements The directors are responsible for the preparation of separate financial statements that give a true and fair view in accordance with the Italian regulations governing their preparation and, in accordance with the Italian law, for such internal control as they determine...