Committees

Remuneration committee

Questions relating to decisions and guidelines regarding salary and other terms of employment for the company management (including President) and other employees are handled by a special remuneration committee. The committee is composed of Biörn Riese, Chairman, and Bert Nordberg. President and CEO Ray Mauritsson is a co-opted member when dealing with certain issues. Employees from Axis’ HR department attend in a reporting capacity.

Audit committee

Questions relating to internal control and audit are handled by the board in its entirety and therefore no special audit committee has been appointed. During 2016, Axis was also audited by a special auditor and a minority auditor.