The Swedish Companies Act stipulates that the auditor reviews the company’s Annual Report and accounts, and the Board of Directors’ and Chief Executive Officer’s management.

The auditor presents the Audit Report to the AGM after the end of each financial year. Apart from contacts with the Audit Committee, the auditors present their audit plan for the year, and their observations on the financial statement to the Board of Directors.

Appointing Auditor

The auditor is appointed by the AGM every year, the AGM 2017 appointed the audit firm Ernst & Young AB. The authorized public accountant Ingemar Rindstig is auditor in charge.

Fees

In 2016, the auditors’ fees in the Group were SEK 3 (3) million.