The company’s auditors

The auditors’ work and responsibilities

The auditors comprise a supervisory body appointed every year by the Annual General Meeting. In accordance with Alfa Laval AB’s Articles of Association, the company must have at least one but not more than two auditors and not more than two deputy auditors. Authorized Public Accountants or a registered auditing firm must be appointed.

The assignment includes the following areas:

  • auditing the accounting and financial statements of individual companies,
  • evaluating the accounting policies applied,
  • assessing the administration of company management,
  • reviewing the interim report for the third quarter,
  • evaluating the overall presentation in the Annual Report,
  • assurance of the sustainability report, and
  • review of compliance with the principles for remuneration to senior executives.

The results of the auditors’ work – the Audit Report – are communicated to shareholders in the Annual Report and at the Annual General Meeting. In addition, the auditors present a statement regarding the proposed discharge from liability, which is included in the agenda of every Annual General Meeting, along with the adoption of the income statement and balance sheet. The auditors also present a statement regarding the Corporate Governance Report.

Auditors elected at the 2024 Annual General Meeting

At the Annual General Meeting 2024, the Authorized Public Accountant Andreas Troberg was re-elected, and the Authorized Public Accountant Hanna Fehland was elected as the company’s auditors. Henrik Jonzén and Andreas Mast were re-elected as deputy auditors. The company has assessed that none of the elected auditors or their deputies have any relationship to Alfa Laval, or any company related to Alfa Laval, which could affect their independent status. In 2024, the entire Board of Directors received a presentation from the company’s external auditors on one occasion, which took place without the President or anyone in Group management being present. The Audit Committee received separate reports on six occasions.

The company’s auditors are remunerated according to approved invoices. Refer to Note 7.