The Company has one Auditor who is elected at the Annual General Meeting for a term expiring at the end of the next Annual General Meeting. The Auditor examine the Company’s accounts and financial statements. After completion of this examination, the Board receives a review report, and an Auditors’ Report is submitted to the Annual General Meeting.
The Company’s Auditor is:
The auditing firm PricewaterhouseCoopers Oy
with Martin Grandell, Authorized Public Accountant (CGR) as responsible auditor
The Company's Auditor since 2022
The auditor’s fees are adopted by the Annual General Meeting. According to the decision in force, fees are paid based on periodic invoices. The Group’s auditing expenses amounted to EUR 158,866.87 in 2023 (EUR 134,721.28 in 2022), of which EUR 119,351.76 (EUR 101,213 in 2022) was related to the parent company. The expenses for other services provided by the Group’s auditors and their auditing firm were EUR 105,267.73 in 2023 (EUR 50,091.41 in 2022).
The Board performs the duties of an audit committee.