Atos SE Bolsters Financial Oversight with FORVIS MAZARS Appointment

Atos SE, a global leader in digital transformation, has taken a significant step towards enhancing its financial reporting and transparency by appointing FORVIS MAZARS as a joint statutory auditor. This move comes as Atos continues to navigate its financial restructuring process and aims to rebuild trust with stakeholders. The appointment of FORVIS MAZARS, a firm with a strong reputation in financial model audit, particularly in the energy and infrastructure sector, signals Atos' commitment to maintaining high standards of financial reporting and accountability.

The appointment of FORVIS MAZARS as a joint statutory auditor alongside Grant Thornton brings a wealth of expertise and experience to Atos' financial oversight. With over 70 staff globally and a track record of over 2000 projects, FORVIS MAZARS is the world's largest dedicated team of model audit professionals (financialmodelling.mazars.com). Their appointment ensures a robust and comprehensive audit process, enhancing Atos' financial reporting and governance.

The appointment of FORVIS MAZARS comes at a critical juncture for Atos, as the company has successfully implemented its accelerated safeguard plan. This plan resulted in a €2.1 billion gross debt reduction and €1.6 billion in new money debt (Source: Atos SE press release, December 19, 2024). The new auditor's expertise in model audit and local expertise across 90 countries will help Atos SE navigate its complex financial landscape and provide stakeholders with confidence in its financial statements.

The appointment of FORVIS MAZARS also aligns with Atos' ongoing efforts to regain a BB credit profile by 2027, following its financial restructuring. The new auditor's experience in financial model audit, particularly in the energy and infrastructure sector, will be invaluable in helping Atos achieve this goal. The enhanced financial reporting and transparency provided by FORVIS MAZARS will be crucial in rebuilding investor confidence and supporting Atos' mid-term strategy.

In conclusion, the appointment of FORVIS MAZARS as a joint statutory auditor to Atos SE is a strategic move that underscores the company's commitment to maintaining high standards of financial reporting and transparency. With the expertise and experience that FORVIS MAZARS brings to the table, Atos is well-positioned to navigate its financial restructuring process and rebuild trust with stakeholders. As Atos continues to execute its mid-term strategy, investors can have confidence in the accuracy and reliability of the company's financial statements, thanks to the robust audit process provided by FORVIS MAZARS and Grant Thornton.