According to Metsä Board’s Articles of Association, the company has one auditor who shall be an auditing firm authorised by the Central Chamber of Commerce of Finland. The General Meeting appoints the auditor each year. Pursuant to the decision of the Annual General Meeting of 2018, KPMG Oy Ab acts as the Company’s auditor and has appointed Raija-Leena Hankonen, APA, as the auditor with main responsibility. The Audit committee controls the appointment procedure of the auditors and provides the Board and the General Meeting with a recommendation for the appointment of the auditor.
In 2018, KPMG Oy Ab received EUR 234,389 (EUR 240,258 in 2017 and EUR 227,242 in 2016 ) in auditing compensation, KPMG internationally received altogether EUR 410,642 (EUR 401,359 in 2017 and EUR 425,333 in 2016) and other auditing firms outside Finland were paid EUR 40,984 (EUR 36,844 in 2017 and EUR 15,150 in 2016). In addition, KPMG has received EUR 6,825 (EUR 22,449 in 2017 and EUR 3,864 in 2016) for services not related to the actual auditing of the accounts.