Audit

According to the Articles of Association, Kesko’s auditor shall be an Authorised Public Accountants Organisation which shall designate an Authorised Public Accountant as the auditor with principal responsibility. At the recommendation of the Audit Committee, the Board submits a proposal to the Annual General Meeting for the Company’s Auditor. The Audit Committee evaluates the auditors’ operations and services annually. The term of the Auditor is the financial period during which the Auditor is elected, and the Auditor’s duties terminate at the close of the Annual General meeting following the Auditor’s election. As a rule, an audit company belonging to the same network of audit companies as the audit firm elected by Kesko’s General Meeting as Auditor, will be elected as the Auditor of each of the Group’s foreign subsidiaries.

The Auditor provides Kesko’s shareholders with the statutory Auditor’s Report in connection with the Company’s financial statements and regularly reports on its findings to the Audit Committee of Kesko’s Board of Directors.

The Annual General Meeting of 2019 elected Authorised Public Accountants PricewaterhouseCoopers Oy as the Company’s Auditor. The Auditor with principal responsibility for the Company is APA Mikko Nieminen. He is currently the Managing Director of PricewaterhouseCoopers Oy. 

APA Mikko Nieminen has been the Auditor with principal responsibility for the Company since 13 April 2015. The General Meeting resolved that the Auditor's fee is paid and expenses are reimbursed according to an invoice approved by the Company.

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