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 2019, KPMG Oy Ab acts as the Company’s auditor and has appointed Kirsi Jantunen, 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 2019, KPMG Oy Ab received EUR 196,064 (EUR 234,389 in 2018 and EUR 240,258 in 2017) in auditing compensation, KPMG internationally received altogether EUR 413,528 (EUR 410,642 in 2018 and EUR 401,359 in 2017) and other auditing firms outside Finland were paid EUR 23,484 (EUR 40,984 in 2018 and EUR 36,844 in 2017). In addition, KPMG has received EUR 34,327 (EUR 6,825 in 2018 and EUR 22,449 in 2017) for services not related to the actual auditing of the accounts.