Governance – Management

Auditing

The auditor shall review the Company’s annual reports and accounting, as well as the management of the board of directors and the CEO. Following each financial year, the auditor shall submit an audit report and a consolidated audit report to the annual shareholders’ meeting.

Pursuant to the Company’s articles of association, the Company shall have not less than one (1) auditor and not more than two (2) auditors with not more than two (2) deputy auditors. As auditor and, when applicable, deputy auditor, an authorized public accountant or a registered public accounting firm shall be elected.

The Company’s auditor is PriceWaterhouseCoopers, since November 2021, with the authorized public accountant Leonard Daun as auditor in charge.

In 2022, the total remuneration of the Company’s auditors (PriceWaterhouseCoopers) amounted MSEK XX.