The scope of our engagement includes:
► Interview management of UU and EGCOM (collectively the “Management”) to understand the rationale for completing the Transaction;
► Consider applicable economic, industry, and competitive environments, including relevant historical and future estimated trends;
► Identify key intangible assets acquired, to which the purchase price can be allocated;
► Apply the Income, Market and/or Cost approaches to value the identified intangible assets using financial data that was based on a market participant perspective;
► Value other certain assets and liabilities, for which the fair value may significantly differ from the book value;
► Estimate the deferred tax impact arising from the fair value adjustments of the assets and liabilities described above;
► Calculate the preliminary allocation of the total purchase price paid as of the Valuation Date, based on the assets and liabilities valuations together with other assumptions provided by the Management; and
► Prepare this Report summarising the methodologies employed in our analysis, the assumptions on which our analysis was based, and our recommendations of fair value.
The scope of our engagement does not include the following:
► Determination of the consideration transferred;
► Valuation of any property, plant and equipment and leasehold rights;
► Valuation of the liabilities in connection with employee benefits;
► Identification and valuation of any contingent liabilities; and