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24
Report of the Audit Committee
The Audit Committee has reviewed Cimpress' audited consolidated financial statements for the fiscal year ended
June 30, 2015 and has discussed these financial statements with Cimpress' management and
PricewaterhouseCoopers LLP, our independent registered public accounting firm for fiscal 2015.
The Audit Committee has also received from, and discussed with, PwC various communications that PwC is
required to provide to the Audit Committee, including the matters required to be discussed by Public Company
Accounting Oversight Board Auditing Standard No. 16, Communications with Audit Committees, as in effect for
Cimpress' fiscal year 2015.
PwC also provided the Audit Committee with the written disclosures and the letter required by PCAOB Rule 3526
(Communicating with Audit Committees Concerning Independence), as modified or supplemented. The Audit
Committee has discussed with the independent registered public accounting firm its independence from Cimpress.
The Audit Committee also considered whether the provision of other, non-audit related services referred to under
the heading “Independent Registered Public Accounting Firm Fees and Other Matters” under Proposal 11 is
compatible with maintaining the independence of our registered public accounting firm.
Based on its discussions with, and its review of the representations and information provided by, management
and PwC, the Audit Committee recommended to the Supervisory Board that the audited financial statements be
included in Cimpress' Annual Report on Form 10-K for the fiscal year ended June 30, 2015.
This Audit Committee Report is not incorporated by reference into any of our previous or future filings with the
SEC, unless any such filing explicitly incorporates this Report.
Audit Committee of the Supervisory Board
John J. Gavin, Jr., Chairman
Richard T. Riley
Mark T. Thomas
Certain Relationships and Related Transactions
Policies and Procedures for Related Person Transactions
We have a written related person transaction policy that sets forth the policies and procedures for the review and
approval or ratification of related person transactions. This policy covers any transaction, arrangement or
relationship, or any series of similar transactions, arrangements or relationships in which we are a participant, the
amount involved exceeds $25,000, and a related person has a direct or indirect material interest, including, without
limitation, purchases of goods or services by or from the related person or entities in which the related person has a
material interest, indebtedness, guarantees of indebtedness, and employment by us of a related person. A related
person is any person who is or was a Cimpress executive officer or member of our Management Board or
Supervisory Board at any time since the beginning of our most recently completed fiscal year, the beneficial holder
of more than 5% of any class of our voting securities, or an immediate family member of anyone described in this
sentence.
All potential related person transactions that we propose to enter into must be reported to our Chief Legal Officer
(CLO) or Chief Accounting Officer (CAO), who will determine whether each reported transaction qualifies as a
related person transaction. If so, then the CLO and CAO will submit the transaction for review and approval by our
Audit Committee. If our CLO and CAO determine that advance approval of a related person transaction by the full
Audit Committee is not practicable under the circumstances, then they will submit the transaction to the Audit
Committee chair for review and approval, and the full Audit Committee will review and ratify the related person
transaction at the next Committee meeting.
In addition, the Audit Committee will review annually any previously approved or otherwise already existing
related person transaction that is ongoing in nature to ensure that such related person transaction has been
conducted in accordance with the Audit Committee’s previous approval, if any, and that all required disclosures
regarding the related person transaction are made.
When considering a proposed related person transaction, the Audit Committee will review and consider, to the
extent appropriate for the circumstances: