Audit committee
Duni has an Audit Committee consisting of three members: Pia Rudengren (chairman), Anders Bülow and Harry Klagsbrun. The Audit Committee and its chairman shall be appointed at the inaugural board meeting and shall consist of three of Duni’s Board Members. The secretary of the committee shall be Duni’s Group Controller. The majority of the members of the Audit Committee shall be independent in relation to the Company and its management. At least one member shall be independent in relation to the Company’s major shareholders.
A member of the board who is also part of the Company’s management may not be a member of the Audit Committee. A member is required to possess competence and experience in the areas of accounting, auditing and/or risk management to such extent that the member can perform the tasks that have been assigned to the Committee. Duni’s Board of Directors elects the Chairman of the Audit Committee. The Company’s Audit Committee shall meet at least three times per year.
Duni’s Audit Committee is responsible for ensuring the quality of our financial and operational reporting. The Audit Committee also evaluates Duni’s procedures for internal control and management of financial and operational risks and meets with the Company’s auditor with regular intervals in order to inform itself of the objectives and scope for the external audit, The evaluation includes evaluating the external auditor’s work and performance, including the extent of the auditors possible non-audit related work for Duni. Also, the evaluation assists the Company’s Nomination Committee in preparing proposals for election of auditors and the remuneration to auditors.