According to the Articles of Association the company has one auditor, which must be an audit firm as referred to in the Finnish Auditing Act.
Term of office 2020/2021
In the Annual General Meeting on March 31, 2020, the authorized public accountants PricewaterhouseCoopers was chosen as auditor with Authorized Public Accountant Mr. Markku Launis as the principal auditor for the term of office 2020/2021. The Annual General Meeting decided that remuneration be paid to the auditors for the term of office 2020/2021 on the basis of reasonable invoicing approved by the company.
In 2020, the fees booked as costs for the regular annual audit paid to the auditors elected by the Annual General Meeting amounted to EUR 78 thousand.
The authorized public accountant company PricewaterhouseCoopers Oy has been the auditor of Raute Corporation since the term of office 2010/2011.