Duration of mandate and term of office of the auditor-in-charge
The statutory auditors of Investis since its incorporation has been PricewaterhouseCoopers AG, Bahnhofplatz 10, 3001 Bern, Switzerland. Oliver Kuntze has been the lead auditor since the financial year 2014.
PricewaterhouseCoopers invoiced CHF 0.28 million during fiscal year 2019 for services in connection with the auditing of the annual accounts of Investis Holding SA and its Group subsidiaries, as well as the consolidated financial statements of the Investis Group (prior year CHF 0.32 million).
For the 2019 reporting period, PricewaterhouseCoopers invoiced CHF 0.07 million in additional fees (prior year CHF 0.14 million). No other significant fees were charged by other audit companies for any other services.
Supervisory and controlling instruments with regard to the external auditors
Each year, the Audit Committee of the Board of Directors evaluates the performance, remuneration and independence of the statutory auditor and proposes an external auditor to the Board of Directors which is put forward for election at the General Meeting. The Audit Committee also annually examines the scope of the external auditing, the auditing plans and the relevant processes, and discusses the audit results with the external auditors.