Ambea’s audit committee monitors the company’s financial reporting and the efficiency of the company’s internal controls and risk management. The committee stays informed about the audit of the annual financial statements and the consolidated financial statements, and reviews and monitors the impartiality and independence of the auditor and assists in preparations for purchases of auditing services as and in connection the shareholders’ meeting’s decision on the election of auditors.
Ambea has a remuneration committee which shall prepare proposals on remuneration principles, remuneration amounts and other employment terms for the CEO and executive management.
Ambea’s Growth committee shall ensure that the board fulfills its responsibility for Ambea’s
growth, which is of material significance for the company.
Ambea’s Quality and sustainability committee shall ensure that the board fulfills its
responsibility in matters relating to quality and sustainability of material significance for the company. At committee meetings the members discuss the quality of the Nytida and Vardaga divisions as well as their development.