The auditor audits the company’s annual report and accounting as well as the management of the Board of Directors and the CEO.
The auditor submits an audit report to the General Meeting of Shareholders after each financial year. From 2011, the Annual General Meeting appoints an auditor for a period of one year. At the Annual General Meeting on 26 April 2024, it was resolved in accordance with the Nomination Committee’s proposal to re-elect the registered auditing firm Ernst & Young AB until the close of the 2025 Annual General Meeting, with Andreas Mast as lead auditor. Andreas Mast is an Authorised Public Accountant and member of FAR, the Swedish Institute of Authorised Public Accountants. Andreas Mast has long experience in auditing listed companies and companies in an international environment. He is now lead auditor for companies including Gunnebo, Latour, Revolutionrace and VBG Group.
The company’s auditor audits the annual accounts and financial statements and the company’s ongoing operations and procedures to provide an opinion on the accounting and management of the Board of Directors and the CEO. The 2024 Annual General Meeting resolved that the auditors should be paid on a current account basis. Fees to Ernst & Young AB for assignments other than auditing amounted to SEK 1.1m in 2024 and pertain mainly to auditing of the nine-month report and the sustainability report, as well as other auditing-related services.