Finance and Audit Committee

Duties
The overall task of the Finance and Audit Committee is to ensure fulfillment
of the Board of Directors’ supervisory duty in relation to internal
control over financial reporting, audit, risk management, accounting
and financial reporting.

The Finance and Audit Committee reviews procedures and routines
for the aforementioned areas and also prepares the Board of Directors’
report on internal control. In addition, the Finance and Audit Committee
monitors the impartiality and independence of the auditor, evaluates
the audit work including the external auditor’s additional supervisory
duties in relation to the Group’s self-assessment process, to verify
the internal control over financial reporting.

The Finance and Audit Committee also assists Capio’s Nomination
Committee in preparing nominations for auditors and recommendations
for audit fees.

The Finance and Audit Committee should hold at least four meetings
per year and the meetings should be held in conjunction with
ordinary Board meetings.

During 2015, the Finance and Audit Committee held a total of five
meetings. The attendance of Board members at committee meetings
is presented in the table on page 136 in the Annual Report.

Composition
The following Board members were appointed members of Capio’s
Finance and Audit Committee at the inaugural Board meeting following
the Annual General Meeting 2016:
• Gun Nilsson (chairman)
• Fredrik Näslund
• Birgitta Stymne Göransson


The current composition of the members of Capio’s Finance and Audit
Committee is assessed to meet the requirements of the Swedish
Companies Act. Please refer to page 136 in the Annual Report for the assessment of the independence of the Board. All members of the Finance and Audit Committee are highly familiar with accounting matters and the accounting standards that apply for an international Group such as Capio.