Auditors

An auditor elected by the Annual General Meeting is responsible for auditing. The company’s auditor must be an accounting firm approved by the Finnish Patent and Registration Office. The auditor’s term of office ends at the close of the next Annual General Meeting after their election.

In statutory auditing, the auditor reviews the company’s accounting, Board of Directors’ report, financial statements and governance for the financial year. The auditor also reviews the consolidated financial statements and other relationships between the Group companies.

The auditor provides Enersense’s shareholders with a statutory auditor’s report in connection with the company’s financial statements. The auditor regularly reports to the Board’s Audit Committee and participates in its meetings.

Enersense’s auditor is KPMG Oy Ab, with Heli Tuuri, Authorised Public Accountant, as the principal auditor.

The fees paid to the auditor between 1 January and 31 December 2021 consisted of ca. EUR 435,000 for group’s statutory audit services and ca. EUR 1,069,000 for other services, totalling ca. EUR 1,504,000. The other services mainly consisted of advisory fees relating to the transfer of the company’s shares to Nasdaq Helsinki main market and mergers and acquisitions.