CALL US: +358 9 4211 CONTACT US Search Investors Governance Auditors Auditors Under its Articles of Association, the company shall have a minimum of one and a maximum of two auditors. The audiotrs must be Authorized Public Accountants (KHT) or accounting firms whose main responsible auditors are Authorized Public Accountants (KHT). The auditors shall be independent of the company. The Board of Directors has the duty to make a proposal to the Annual General Meeting as to the election and fees of the auditor. The Annual General Meeting elects the auditors for a term of office ending at the close of the next Annual General Meeting. A proposal to the Annual General Meeting on the election of auditors that has been made known to the Board of Directors prior to the Annual General Meeting will be made public if it is supported by shareholders holding a minimum of 10% of all the company’s shares and voting rights and the person or company proposed has consented to such nomination. The company’s auditors submit the statutory auditor’s report to the company’s shareholders in connection with the company’s financial statements. The auditors also report their findings to the Board Audit Committee on a regular basis and at least once a year to the full Board of Directors. The parent company, Outokumpu Oyj, is audited by PricewaterhouseCoopers Oy, and the responsible auditor is Janne Rajalahti, Authorized Public Accountant. PricewaterhouseCoopers Oy is also responsible for overseeing and coordinating the auditing of all Group companies. PricewaterhouseCoopers Oy was elected as the Group Auditor in the Annual General Meeting. PwC has been the Auditor of Outokumpu for five consecutive terms. Both Outokumpu and PricewaterhouseCoopers Oy emphasize the requirement stipulating that the auditor be independent of the company being audited. The PwC Network Independence policy is based on the International Ethics Standards Board for Accountants’ (IESBA) Code of Ethics for Professional Accountants. Outokumpu’s Board Audit Committee continuously monitored the non-audit services purchased by the Group from PricewaterhouseCoopers at the global level. In 2020, the auditors were paid fees totaling EUR 2.0 million, of which the non-auditing services accounted for EUR 0.1 million. Updated March 31, 2021. Compare Clear all Hide Working towards a world that lasts forever Engage with Outokumpu in social channels linkedin twitter facebook instagram youtube Company About Outokumpu Locations Certificates Investors Open positions News Industries Appliances Automotive & transportation Building & infrastructure Energy & heavy industry Products Flat products Long products Product ranges Surcharges Americas Europe Conditions Expertise Contact us Sign up for newsletter Webshop Email preference center © Outokumpu 2021 Privacy notice Cookie declaration Legal notice --- Please select --- Afghanistan Albania Algeria Andorra Argentina Australia Austria Azerbaijan Bahrain Bangladesh Barbados Belarus Belgium Bosnia and Herzegovina Brazil British Virgin Islands Bulgaria Canada Chile China Colombia Congo Costa Rica Croatia Cuba Cyprus Czech Republic Democratic Republic of the Congo Denmark Ecuador Egypt Estonia Finland France Georgia Germany Gibraltar Greece Guadeloupe Hong Kong Hungary Iceland India Indonesia Iran Ireland Israel Italy Japan Jordan Kuwait Latvia Lebanon Liechtenstein Lithuania Luxembourg Macao Malaysia Malta Mauritius Mexico Moldova Morocco Namibia Netherlands New Caledonia New Zealand Norway Oman Pakistan Panama Peru Philippines Poland Portugal Qatar Republic of North Macedonia Reunion Romania Russian Federation San Marino Saudi Arabia Serbia Sierra Leone Singapore Slovakia Slovenia South Africa South Korea Spain Sri Lanka Sweden Switzerland Taiwan Thailand Tokelau Islands Tunisia Turkey Ukraine United Arab Emirates United Kingdom United States Uruguay Venezuela Vietnam Zimbabwe --- Please select --- Sales inquiry Media and sustainability inquiries Technical support Career opportunities Invoicing inquiry --- Please select --- Architecture and building Authorities and associations Automotive and transportation Chemical process industry Commercial kitchen Distributors and traders Energy Industry Food and beverage Heavy industry Infrastructure Machine building industry Mining and minerals Oil and gas Pulp and paper Tank manufacturing Tube manufacturing Universities and other research centers Water utility Other --- Please select --- Stainless steel flat products Stainless steel long products Ferrochrome products