Since 14th of May 2024, the Audit Committee consists of Lars Kogstad (Chairman), Rickard Blomqvist and Martin Althén.
The main duties of the audit committee are to supervise the Company's and Group's financial reporting, monitor efficiency in its internal controls, internal audit and risk management, and apprise itself of information regarding the audit of the annual report and consolidated financial statements, review and monitor the auditor's impartiality and independence and, in doing so, take particularly into account whether the auditor provides GARO with services other than audit services.
The audit committee shall also assist the Nomination Committee as regards the selection of auditors. The audit committee has regular contacts with the auditor of GARO for the purpose of creating a continuous exchange of information in auditing matters between the Board of Directors and the auditor.
The CEO does not participate in committee work.