Rottneros' auditors are elected at the AGM. With effect 1 November 2010 it is prescribed by the Swedish Companies Act that the auditor's term is one year, unless otherwise stated in the Articles of Association. Rottneros' Articles of Association do not stipulate any term for the auditor. This means that from and including 2011 the auditor for Rottneros will be elected annually at the AGM. At the AGM 2016 it was resolved to elect the registered public accounting firm Ernst & Young AB, which gave notice that authorised public accountant Erik Sandström will be appointed as Chief Auditor.
The auditors examine the parent company's and the Group's annual accounts and accounting records and the administration of the company by the Board and President. The company's auditor attends at least one Board meeting each year. The auditors also normally attend all of the meetings of the Audit Committee and the AGM. The auditor attends the AGM to present the audit report.
Ernst & Young AB
Authorised Public Accountant