The audit committee should assist the Board in monitoring the Company´s financial reporting, risk managment and internal Control, as well as accounting and auditing. The audit committee also Reviews and monitors the auditor´s impartiality and independence, other services provided by the Company´s auditor and assists the Company´s nomination committee with the proposal for election of auditor.
The audit committee is to comprise minimum two members of whom the majority are to be independent in relation to the Company and its executive management, and at least one of the members that are independent in relation to the Company and its executive management must also be independent in relation to the Company´s major shareholders. The members of the committee may not be employees of the company. At least one member must have accounting or auditing proficiency.
The current audit committee consists of two members: Jenny Rosberg (chairman of the audit committee) and Maria Hedengren.