Corporate governance

Auditing

The principal purpose of auditing is to verify that the financial statements provide correct and sufficient information on the company’s result and financial position. In addition, the auditor verifies the legality of the company’s administration.

The auditor is appointed annually in the Annual General Meeting for a term ending at the end of the following Annual General Meeting. A proposal of the auditor made by the Board of Directors or any shareholder holding at least 10% of the voting rights shall be published in the invitation to the Annual General Meeting, provided that the candidate has given his or her consent to be appointed and that the company has been informed of the proposal sufficiently early for it to be included in the invitation. If the auditor candidate is not known by the Board of Directors at the time of submitting the invitation, the name of the candidate, who has been presented in this manner, shall be published separately.

The audit firm Tietotili Audit Oy was re-elected by the annual general meeting 2026 as the company's auditor. Tietotili Audit Oy has informed the company that APA Ms. Kati Lagerlind will be auditor with principal responsibility. The auditor’s fees will be paid according to a reasonable invoice approved by the Board of Directors.

The Authorized Sustainability Audit Firm Tietotili Audit Oy was elected as the company’s sustainability reporting assurance provider. Tietotili Audit Oy has informed the company that Ms. Kati Lagerlind, APA, Authorized Sustainability Auditor, will be the principally responsible sustainability assurer. The sustainability reporting assurance provider’s fees will be paid according to a reasonable invoice approved by the Board of Directors.

The election of the sustainability reporting assurance provider was made on a conditional basis, so that the election shall take effect only in the event that the company is, under the legislation in force at the end of the financial year 2026, required to or voluntarily resolves to prepare a sustainability report for the financial year 2026 in accordance with the sustainability reporting regulations and to obtain assurance for it.