Staffan Landén is also the auditor of, among others, Capio AB, Academedia AB and Nederman Holding AB and is a stock exchange auditor appointed by Nasdaq Stockholm. The auditor has no assignments for companies that affect its independence as an auditor of Vattenfall.
The auditor's audit assignment includes a review of the annual report, the consolidated accounts, the corporate governance report and the sustainability reporting. The auditor has access to minutes of board meetings and board committee meetings.
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.