
Axis’ auditors are elected by the annual general meeting for a period of four years. The company’s auditors are Öhrlings PricewaterhouseCoopers AB, with Bertil Johanson as Chief Auditor. Bertil Johanson was born in 1949 and has been an Authorized Public Accountant since 1981. Öhrlings PricewaterhouseCoopers AB have been Axis’ auditors since 1996 and Bertil Johanson since 2007.
According to item 2.3.2 of the Code, proposals for appointment of auditor including audit fees should be submitted to the company’s nominating committee or to a specially appointed nominating committee. However, Axis’ Board of Directors has resolved, deviating from the foregoing provision in the Code, that the Board shall submit a proposal to the annual general meeting with regard to both appointment and the remuneration of auditors. Such proposals shall be prepared by a group specially appointed by the Board, comprising representatives from the Board and Axis’ Management. The reason for the deviation, is that the above-mentioned group has particular experience of questions relating to appointment and remuneration of auditors and this competence is considered to be of benefit to Axis.