Auditors

The Company’s auditor is appointed by the annual general meeting for the period until the end of the next annual general meeting. The auditor examines the annual report and accounts and the management performed by the Board of Directors and the CEO. For each financial year, the auditor shall submit an audit report to the annual general meeting. The Company’s auditor reports annually to the Board of Directors his observations from the audit and his assessment of the Company's internal control.

Ernst & Young AB has been the Company’ auditor since 2001 with Göran Neckmar as the auditor in charge since 2010. Göran Neckmar is an Authorized Public Accountant and member of FAR, the institute for the accounting profession in Sweden.

At the annual general meeting on 20 April 2016, Ernst & Young Aktiebolag was re-elected as the Company’s auditor with Authorized Public Accountant Göran Neckmar as auditor in charge.