Based on the recommendations of NASDAQ OMX Copenhagen, the Board of Directors of IC Group A/S has considered the need for setting up special, permanent board committees. As a result of its considerations, the Board of Directors has resolved to set up an Audit Committee. In addition, the Board of Directors will regularly consider the appropriateness of setting up specific ad hoc committees.
It is the responsibility of the Audit Committee to monitor the financial reporting process and assess whether the in-house control and risk management systems work efficiently, including to monitor the statutory audit of the annual report and recommend an auditor to the Board of Directors. In addition, the Audit Committee must review and monitor the independence of the auditor, including the services provided by IC Group A/S and its subsidiaries in particular. At least three Audit Committee meetings are held each year. The Audit Committee reports to the Board of Directors.
Members: Henrik Heideby (Chairman), Peter Thorsen and Niels Martinsen