The Audit Committee shall, without otherwise encroaching on the duties and responsibilities of the Board of Directors: (a) monitor the company’s financial reporting;
(b) on the basis of the financial reporting, monitor the company’s internal control, internal audit and risk management; (c) stay informed about the synoptic review of
interim reports and the audit of the annual accounts; (d) review and monitor the auditor’s impartiality and independence, with particular emphasis on whether the auditor
provides services to the company other than auditing; and (e) provide assistance on the preparation of proposals regarding the Annual General Meeting’s appointment of
The main duty of the Remuneration Committee is to prepare matters relating to remuneration and other terms and conditions of employment for senior executives on behalf of the Board of Directors. The Board of Directors establishes guidelines for senior executive remuneration that are presented to and approved by the AGM. The guidelines for remuneration to senior executives are monitored and evaluated annually, including variable remuneration programmes for the company’s management that are ongoing or ended during the year. The current guidelines on remuneration for senior executives are attached to the minutes of the Annual General Meeting, which are available on the website. In 2018, the Remuneration Committee consisted of all Board members, except Maria Hedengren, and the Chairman was also chairman of the Remuneration Committee. Maria Hedengren is not a member of the renumeration committee as she is not independent in relation to the company and its management because she was NetEnt’s CFO from 2011 to 2016. The Remuneration Committee met once in 2018.