Auditors and auditing

External audit

The company has one auditor. The auditor must be an auditing firm authorised by the Finland Chamber of Commerce. The Annual General Meeting appoints the auditor for the financial year in progress at the time. The auditor’s term of office runs until the end of the Annual General Meeting immediately following the meeting during which they were appointed. The auditor is responsible for auditing the consolidated financial statements and the parent company’s financial statements, accounting and governance. The auditor submits a statutory auditor’s report on the financial statements to the company’s shareholders. In addition, the auditor regularly reports to the Board of Directors.

The Board of Directors presents a proposal on the company’s auditor to the Annual General Meeting. Tokmanni Group’s Finance and Audit Committee monitors the company’s financial reporting and prepares matters for the Board that concern, among other things, Group’s financial reporting and auditing.

In addition to general qualification requirements, the auditor must meet specific statutory requirements concerning independence in order to ensure reliable and independent auditing.

The auditor submits a statutory auditor’s report on the financial statements to the Tokmanni Group Corporations’s shareholders and reports regularly on its observations to the Audit Committee of Tokmanni Group’s Board of Directors.

The 2023 Annual General Meeting elected firm of authorised public accountants PricewaterhouseCoopers Oy as Tokmanni Group’s auditor. The company’s principal auditor is Ylva Eriksson, APA. The auditor is compensated in accordance with a reasonable invoice.