Election and Remuneration of the Auditor
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 2012 re-elected Ernst & Young Oy, authorized public accountant firm, auditor of the company. Ernst & Young Oy has notified that Mr. Jari Karppinen, CPA, will act as the responsible auditor. The remuneration for the auditors shall be paid against the auditor's reasonable invoice.
The auditor's fees in 2012 amounted to EUR 55,619 (EUR 40,168 in 2011). Of these, EUR 27,000 were attributable to auditing (EUR 27,000 in 2011), EUR 0 to tax advice (EUR 9,163 in 2011) and EUR 28.619 to other services (EUR 4,005 in 2011).