The Swedish Companies Act and the Swedish Code of Corporate Governance state that the Board of Directors is responsible for ensuring that the company has satisfactory internal control, for staying informed about the company’s internal control system and for evaluating the effectiveness of this system.
The independent auditors are appointed by the Annual General Meeting. Öhrlings PricewaterhouseCoopers AB, represented by Auditor in Charge Lars Kylberg, has been appointed to serve as the company’s independent auditor until the end of the 2012 AGM.