Orion Corporation shall have one auditor, which shall be an Authorised Public Accountants Organisation. The term of the auditor shall be the financial period. The duties of the auditor shall terminate at the close of the Annual General Meeting of the Shareholders following the election.

For the 2012 financial year, the auditor of Orion Corporation is PricewaterhouseCoopers Oy, Authorised Public Accountant Firm, the designated auditor being Janne Rajalahti, Authorised Public Accountant.

Remuneration of auditor

The fees to the auditors are paid against invoicing accepted by Orion Corporation.

In 2011, the auditors were paid EUR 237,000 (EUR 232,000 in 2010) in auditing fees and EUR 249,000 (127,000) for other consultancy services. A detailed specification of the fees paid is presented in Note 4 of the Financial Statements for 2011.