Audit

Orion Corporation shall have one auditor, which is 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.

Orion's Annual General Meeting 2018 elected KPMG Oy Ab, Authorized Public Accountant Firm, as the auditor of Orion Corporation.  KPMG Oy Ab was elected as the Company’s Auditor based on the recommendation of the Board’s Audit Committee and the competitive procurement process of the Company’s audit. For the financial year 2018, the designated auditor was Kimmo Antonen, Authorized Public Accountant. Authorised Public Accountant  Organisation, PricewaterhouseCoopers Oy served as Orion’s auditor for the financial years 2007-2017.

Remuneration of the auditor

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

The auditors were remunerated for their services, in 2018 KPMG Oy AB and 2017 PricewaterhouseCoopers Oy, as follows:

EUR 1,000

2018

2017

Auditing

203

267

Assignments in accordance with the Auditing Act

 

42

Advice on taxation

 

82

Other services

47

 

Total

 250

391