Election and Remuneration of the Auditor
The Company shall have one (1) auditor that has qualified as Certified Public Accountant and if the auditor is not an auditing company as defined by the law, one (1) deputy auditor shall be elected. The term of office of the auditor expires at the end of the following Annual General Meeting.
The General Meeting 2019 re-elected Ernst & Young Oy, authorized public accountant firm, auditor of the company. Ernst & Young Oy has notified that Mr. Jari Karppinen, CPA, will act as the responsible auditor. The General Meeting decided that the remuneration to the auditor shall be paid against the auditor´s reasonable invoice.
The auditor´s fees in 2019 amounted to EUR 114,000 (EUR 112,000 in 2018). Of the aggregate fees, EUR 92,000 was attributable to auditing (EUR 90,000 in 2018), EUR 7,000 to tax advice (EUR 16,000 in 2018) and EUR 15,000 to other services (EUR 6,000 in 2018).