Apollo Shoes A$-5$

ENGAGEMENT MATERIALITY Prepared by

$($Required for all engagements$)$ Reviewed by

CLIENT: Apollo Shoes

PERIOD ENDED: December $31,2020$

This completed form must be provided to the engagement quality control reviewer in the planning stage of every audit. Please complete all the cells highlighted in yellow.

PLANNING MATERIALITY CALCULATION

Only if the current year net income $($loss$)($or other measure$)$ is significantly different from the entity$$s historical results would $2-$year averaging to obtain normalized net income $($loss$)($or other measure$)$ be appropriate.