According to the Articles of Association, the company must have an auditor, who is approved Authorised Public Accountant by the Finnish Patent and Registration Office. The auditor’s term of office ends at the end of the first Annual General Meeting following the election.
The statutory audit includes an audit of the company’s financial statements and administration. In addition to the auditor’s report, the auditors regularly report to the Board of Directors on its findings and attend at least one Board meeting each year.
The Board of Directors prepares a proposal for the election of the auditor and the remuneration of the auditor to the Annual General Meeting, and the Annual General Meeting elects the Company’s auditor and decides on the auditor’s remuneration.
The company’s auditor is KPMG Oy Ab and Authorized Public Accountant Kim Järvi is the principal auditor.