Auditing

Under the Articles of Association the company has one auditor, which must be an auditing firm approved by the Finnish Central Chamber of Commerce. The auditor’s term of office covers the financial year during which it is elected and ends at the conclusion of the Annual General Meeting that follows its election. The auditor gives to the company’s shareholders the auditor’s report required by law in connection with the annual financial statements. In addition, the auditor reports regularly to the Board of Directors.

At the 2012 Annual General Meeting, the accounting firm Ernst & Young Oy was elected as the company's auditor. The responsible auditor is Harri Pärssinen, APA, who is responsible for directing and coordinating auditing for the entire Group.

The table lists the fees (EUR) that Glaston has paid annually for auditing.