Appendix C

Appendix C
COMPONENT AUDITOR’S CONFIRMATION
January 30, 2021
Mendoza Querido & Co.

16th Floor The Salcedo Towers
169 H.V. Dela Costa St.
Salcedo Village
Makati City 1227
Philippines
Dear Sirs,
CAFEFRANCE CORP
Audit for the year ended December 31, 2020
This letter is provided in connection with your audit of the consolidated financial statements of Euro-
Med Laboratories Phils., Inc. (the “Company” and together with its subsidiary, the “Group”) as at
December 31, 2020, for the purpose of expressing an opinion on whether the consolidated financial
statements give a true and fair view of the financial position of the Group as at December 31, 2020 and
of the results of its operations, changes in equity and cash flows for the year then ended, in accordance
with the provisions of the Philippine Securities and Exchange Commission and Philippine Financial
Reporting Standards.
We acknowledge receipt of your instructions dated January 28, 2021, requesting us to perform the
specified work on the financial information of CafeFrance Corp. for the year ended December 31, 2020.
The team members for this audit are:
Partner: Alyssa Marie D. Caguete

E-Mail Address: [email protected]
Manager: Alyanne Estel

E-mail Address: [email protected]
We confirm that:
1. We will be able to comply with the instructions.
2. The instructions are clear and we understand them.
3. We will cooperate with you and provide you with access to the relevant audit documentation.
We acknowledge that:
1. The financial information of CAFEFRANCE CORP. will be included in the consolidated

financial statements of the Group.
Appendix C
2. You may consider it necessary to be involved in the work you have requested us to perform on
the financial information of CAFEFRANCE CORP. for the year ended December 31, 2020.
3. You intend to evaluate and, if considered appropriate, use our work for the audit of the
consolidated financial statements of the Company.
In connection with the work that we will perform on the financial information of CAFEFRANCE
CORP., a wholly-owned subsidiary of the Company, we confirm the following:
1. We have an understanding of the requirements of the Code of Ethics for Professional

Accountants issued by the International Auditing and Assurance Standards Board regarding
independence of accountants that is sufficient to fulfill our responsibilities in the audit of the
consolidated financial statements, and will comply therewith. In particular, we are independent
with respect to CAFEFRANCE CORP., its parent company, its subsidiaries and its other
affiliates during the course of our audit to the date of this letter. We expect to continue to be
independent with respect thereto through to the date we sign the audit report of the
CAFEFRANCE CORP. when we will report the results of our subsequent events review in
respect of our audit of the financial statements of CAFEFRANCE CORP. We will inform you
promptly if we become aware of any circumstance that impairs our independence.
2. Our quality control system complies with International Standard on Quality Control 1.
Remedial actions are taken promptly in relations to issues identified in the monitoring program,
and there are no issues from recent monitoring reports that are likely to have a significant
impact on the work that we will perform.
3. We have the appropriate professional qualifications, skills and competence sufficient to fulfill
our responsibilities in the context of the audit of the consolidated financial statements of the
Group.
4. We will review matters affecting the amounts reported by CAFEFRANCE CORP. for purposes
of elimination of intra-group balances and transactions from the consolidated financial
statements of the Group, and we will advise you of any differences noted as a result of our
review.
5. We will review the conformity of the accounting principles and policies used by
CAFEFRANCE CORP. with the significant accounting policies prescribed as described in
Appendix B of the audit instructions and will advise you of any material departures that come to
our attention.
6. We will conduct our audit of CAFEFRANCE CORP.’s financial statements in accordance with
the Generally Accepted Auditing Standards, and we will inform you promptly of any restriction
on the scope of our audit, whether imposed by CAFEFRANCE CORP.’s management or other
circumstances.
7. We are familiar with Philippine Financial Reporting Standards and with Philippine Standards
on Auditing issued by Financial Reporting Standards Council and the Auditing and Assurance
Standards Council, respectively. Any material departures from the requirement of International
Financial Reporting Standards noted in the preparation of the financial statements of
CAFEFRANCE CORP. and any material departures from the requirements of the International
Standards on Auditing in the conduct of our audit will be reported to you.
-2-
Appendix C
8. We will provide you with all the significant audit adjustments and reclassifications, (including
any unadjusted errors), made during the course of our audit of the financial statements of
CAFEFRANCE CORP as of December 31, 2020 and for the year then ended.
We will inform you, as soon as we are aware, of any changes in the above representations during the
course of our work on the financial information of CAFEFRANCE CORP.
Yours faithfully,
Alyssa Marie D. Caguete
-3-

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COMPONENT AUDITOR’S CONFIRMATION

January 30, 2021

Mendoza Querido & Co.

The team members for this audit are:

Partner: Alyssa Marie D. Caguete

Manager: Alyanne Estel

1. We will be able to comply with the instructions.

2. The instructions are clear and we understand them.

1. The financial information of CAFEFRANCE CORP. will be included in the consolidated

1. We have an understanding of the requirements of the Code of Ethics for Professional

Alyssa Marie D. Caguete

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