The audit committee is a standing working committee of the board of directors. The board of directors has formed an audit committee consisting of Ann-Sofi Danielsson (chairman), Bengt Kjell and Olaf Gauslå.

Responsibilities

The audit committee shall, without it affecting the responsibilities and tasks of the board of directors, monitor Pandox’s financial reporting, monitor the efficiency of the Pandox’s internal controls, internal auditing and risk management, keep informed of the auditing of the annual report and the consolidated accounts, review and monitor the impartiality and independence of the auditors, pay close attention as to whether the auditors are providing other services besides audit services for Pandox, and assist in the preparation of proposals for the shareholders’ meeting’s decision on election of auditors.