Alfa Laval 2023 – Note 7. Information on auditors and auditors’ fee

Note 7. Information on auditors
and auditors’ fee

The line “Group auditors” in the below table is referring to the auditors elected at Annual General Meeting of Alfa Laval AB (publ). The Annual General Meetings 2022 and 2023 decided to elect EY as the Group’s auditors for the coming year.

Fees and expense compensation
Consolidated
SEK millions	2023	2022
Audit engagements
Group auditors	56	48
Other audit firms	2	1
Total	58	49
Audit related services
Group auditors	3	1
Other audit firms	1	0
Total	4	1
Tax services
Group auditors	7	9
Other audit firms	20	15
Total	27	24
Other services
Group auditors	4	3
Other audit firms	4	10
Total	8	13
Expenses
Group auditors	0	0
Other audit firms	0	0
Total	0	0
Total
Group auditors	70	61
Other audit firms	27	26
Total	97	87

An audit engagement includes examining the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. It also includes an examination in order to give an opinion on the Board’s discharge from liability. Audit related services are audit services that are outside the audit engagement. Tax services refer to advices given in connection with various tax matters. All other assignments are defined as other services. Expenses refer to reimbursements of travel costs, secretarial services etc.