Audit Committee

The main task of the Audit Committee is to support the Board of Directors in ensuring the quality of the financial reporting and to stay informed about the audit of the annual and consolidated financial statements. This also includes monitoring the effectiveness of Stenhus Fastigheter’s internal controls and risk management, particularly in relation to financial reporting. The Committee is also responsible for reviewing and monitoring the auditor’s independence and objectivity, paying special attention to whether the auditor provides services other than audit services, and assisting in the preparation of proposals for the AGM’s decision regarding the election of auditors.

Meetings of the Audit Committee are minuted, and the Committee reports to the Board. Members of the Audit Committee are appointed with particular regard to their competence and experience in accounting and auditing in listed companies. All members of the Audit Committee must be board members elected by the AGM, and the majority of the Committee members must be independent of the company and executive management. At least one member who is independent of the company and executive management must also be independent of the company’s major shareholders.

The Audit Committee consists of Malin af Petersens (Chair of the Committee), Frank Roseen, and Erik Borgblad, all of whom have broad expertise. Malin and Frank are independent of the company, executive management, and Stenhus’s major shareholders. Erik is dependent on the company and executive management but independent of Stenhus’s major shareholders.

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