In accordance with the Articles of Association, The Company has one auditor who must be an audit firm as referred to in the Auditing Act.
The auditor’s term of office ends at the close of the Annual General Meeting following the auditor’s election
The auditor is responsible for inspecting the accuracy of the company’s bookkeeping and Financial Statements for the financial year and the Board of Directors’ report, and for issuing an auditors’ report to the general meeting. Under Finnish law, the auditor must also inspect the lawfulness of the company’s administration. The auditors report their observations to the Board of Directors and its Audit Committee at least once a year.