Audit Committee

Audit Committee

The Audit Committee discusses and monitors issues related to administrative processes, risk control and the controller organisation.

Its brief also includes discussing and evaluating the company’s application of important accounting issues and the company’s financial reporting, as well as evaluating the auditors and approving the use of external auditors for non-auditing-related services.

The Audit Committee shall also receive and discuss complaints concerning accounting, internal controls or auditing in the company.

The company’s auditors normally participate in the meetings of the Audit Committee, provided that the auditors are not being evaluated or discussed.