Auditors

The 2016 Annual General Meeting re-elected the auditing firm Ernst & Young AB as auditor, for the period until the end of the next Annual General Meeting, with Authorised Public Accountant Staffan Landén as auditor-in-charge.

Staffan Landén is also the auditor of, among others, Capio AB, Viking Supply Ships AB, Academedia AB, Papyrus AB and Nederman Holding AB and is a stock exchange auditor appointed by Nasdaq Stockholm. The auditor has no assignments for companies that affect the independence as an auditor of Vattenfall.

The auditor's audit assignment also includes a review of the sustainability reporting. The auditor has access to minutes of board meetings and board committee meetings, as stipulated in the Board's Rules of Procedure.

The Swedish state's ownership policy states that the owner is responsible for the election of auditors and that the auditors are to be appointed by the Annual General Meeting. The auditors are elected for a mandate period of one year, in accordance with the main rule in the Swedish Companies Act. Vattenfall's Articles of Association stipulate that the company shall have one or two auditors with or without one or two deputy auditors, or a chartered auditing firm as auditor.

In accordance with the Act on Auditing of State Activities, etc., the Swedish National Audit Office may appoint one or more auditors to participate in the annual audit. No such auditor is currently appointed.

The Group's auditing costs are described in more detail in the Annual and sustainability report.

Last updated: 2016-04-27 12:04