Audit Committee

Magnus Sundström (chairman), Björn Garat and Patrik Wahlén are members of the Committee. The Audit Committee has both an advisory and preparatory function for decision matters prior to review and decision by Volati´s Board.

The main duties of the Audit Committee are as follow:

  • monitor the financial reporting and submit recommendations and proposals to secure the accuracy of the reports
  • with regard to the financial reporting, monitor the efficiency of the company's internal control, internal audit and risk management
  • keep itself informed about the audit of the annual accounts and consolidated financial statements and the Supervisory Board of Public Accountants' quality control
  • Inform the board of the results of the audit and on how the audit contributed to the reliability of the financial reporting and the function of the committee
  • review and monitor the auditor's impartiality and independence and thereby give particular attention as to whether the auditor provides the company with other services than audit services
  • grant approval for assignments to audit firms that are auditors for the company for services outside the audit assignment amounting to more than SEK 100,000
  • assist with preparation of a proposal for a general meeting resolution on election of auditors, and
  • prepare the Board´s decision on the above issues.

The Audit Committee provides continuous oral reports to the Board and submits proposals on issues that require a Board decision. Minutes are made available to all members of the Board. The Chairman of the Committee maintains regular contact with the company's auditor.

What we look for

We are constantly looking for new acquisitions, both add-on acquisitions to existing business units and acquisitions that can form new business units within Volati.

Our business areas

Volati is an industrial group organised in two business areas: Salix Group and Industry.

Extraordinary general meeting

Volati holds extraordinary general meeting on Monday 20 September 2021.

For investors

We provide investors, analysts and other stakeholders with clear and current financial information.