External Auditors

Under its Articles of Association, SSAB has one or two external auditors, or one or two registered public accounting firms. The 2019 Annual General Meeting elected registered accounting firm Ernst & Young AB for a year.

Authorized public accountant Rickard Andersson has been principal auditor since 2019.

The external audit of the financial statements of the parent company and those of the Group, as well as management by the Board of Directors and the CEO, is conducted in accordance with International Standards on Auditing and Generally Accepted Auditing Practices in Sweden. The Company’s principal auditor attends all meetings of the Audit Committee. The auditor attends at least one Board meeting a year, goes through the audit for the year and discusses the audit with the directors without the CEO and other members of the company’s management being present. See Note 2 in Annual report > Financial reports for information regarding the auditor’s fees.