External Auditor

The Annual General Meeting of shareholders elects the auditor for a period of one year until the next subsequent Annual General Meeting.  The auditor is responsible for auditing the consolidated and parent company financial statements and the administration of the parent company.

External Auditor in 2016

On 7 April 2017, the Annual General Meeting reappointed Ernst & Young Oy as the Company’s external auditor for a one-year term with Mikko Järventausta as the lead audit partner. Ernst & Young has served as the auditor since 8 April 2015 prior to which the auditor was KPMG Oy. The audit fees in 2016 were EUR 129.000 and consulting fees EUR 105.000.