The Annual General Meeting appoints the auditor and decides on the remuneration of the auditor.
The company has one auditor that must be a firm of authorised public accountants approved by the Finland Chamber of Commerce. In addition to the duties prescribed in current accounting regulations, the auditor reports regularly to Componenta’s Audit Committee and to the Board of Directors of Componenta when necessary.
The maximum combined duration of an auditor-in-charge’s consecutive terms
is seven years.
During the 1 January - 31 December 2016 financial period, Componenta’s auditor is Authorised Public Accountants PricewaterhouseCoopers Oy. In accordance with the decision of the Annual General Meeting, the fees will be paid to the auditor are based on invoicing.