Audit committee
The Board of Directors has elected Fredrik Cappelen (Chair), Ingrid Bonde and Johan Menckel as members of the Audit Committee for the period up to and including next annual general meeting. The majority of the Audit Committee members are considered independent of the company and senior management.
The Committee monitors the financial reporting, the effectiveness of internal control over financial reporting, internal audit activities and the risk management system to support the Board’s quality control work. The Committee also stays informed about annual statutory audits. It assesses the external auditor’s independence and receives information of, and approves the performance of, significant non-audit services.
Work of the Audit Committee
The committee met five times during 2023. For information on major topics that have been discussed, click here to refer to the illustration on page 37 of the Annual Report 2023.
