Election and Remuneration of the Auditor

(Updated April 14, 2021)

The Company shall have one (1) auditor that has qualified as Certified Public Accountant and if the auditor is not an auditing company as defined by the law, one (1) deputy auditor shall be elected. The term of office of the auditor expires at the end of the following Annual General Meeting.

The General Meeting 2021 re-elected auditor of the company for a term of office ending at the end of the next Annual General Meeting. Ernst & Young Oy has notified that Mr. Jari Karppinen, APA, will act as responsible auditor. It was decided that the remuneration to the auditor shall be paid against the auditor's reasonable invoice.

The auditor´s fees in 2020 amounted to EUR 102,000 (EUR 114,000 in 2019). Of the aggregate fees, EUR 85,000 was attributable to auditing (EUR 92,000 in 2019), EUR 15,000 to tax advice (EUR 7,000 in 2019) and EUR 2,000 to other services (EUR 15,000 in 2019).