Audit and auditors

The statutory auditor is appointed annually by the AGM. The task of the statutory auditor is to examine, on behalf of the shareholders, the Company's accounting records and annual report and the administration of the Company by the Board and the President & CEO.

The auditing firm PricewaterhouseCoopers AB (PwC) was re-elected by the 2017 AGM to serve as the Company's statutory auditor through the conclusion of the 2018 AGM. Authorised Public Accountant Michael Bengtsson was elected chief statutory auditor for financial year 2017.

For financial year 2017, fees for audit services totalled SEK 10 million (10) and fees for non-audit services totalled SEK 1 million (1). The amount of fees paid to all accounting firms is shown in Note 4 on page 64 in the Annual Report.

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