Auditors

Statutory audits comprise the auditing of the accounts, financials statements and administration for the financial year. In addition to the auditor’s report submitted annually, the auditors report their observations to the Board at regular intervals. The financial year of Oriola-KD runs from 1 January to 31 December each year. Under the Articles of Association, the Company has one auditor. The auditor shall be a corporation of authorised public accountants. The auditor is elected annually by the Annual General Meeting of Shareholders for a term of office expiring at the end of the Annual General Meeting of Shareholders first following the election.

The Annual General Meeting held on 7 April 2010 re-elected PricewaterhouseCoopers oy as auditor for the company, with Heikki Lassila APA as principal auditor.

The fees for the audit proper paid to the auditing firm PricewaterhouseCoopers Oy in 2009 totalled EUR

227,000. An additional sum of EUR 322,000 was paid for other consultation provided to Group companies.