25.5.2022 18:30:00 EEST | Administer Oyj | Company Announcement

Administer Plc, Company release 25 May 2022 at 6:30 p.m. EET

The Board of Directors of Administer Plc ("Company") today decided to establish an Audit Committee, of which Jukka-Pekka Joensuu (Chairman) and Risto Koivula were elected as members.

The Audit Committee shall be responsible for:

  • monitoring and evaluating the company's financial reporting system,
  • monitoring and evaluating the effectiveness of the company's internal auditing, inspection and risk management systems,
  • monitoring and evaluating how the activities, contracts and other legal proceedings between the company and its related parties meet the requirements for normal operations and market conditions,
  • monitoring and evaluating the auditor’s independence, and in particular the provision of non-audit services by the auditor,
  • assessing compliance with laws, regulations and company practices; and
  • carrying out other activities authorized by the Board of Directors.

The members of the Audit Committee have strong expertise in the committee's responsibilities and audit responsibilities described above. Of the members of the Audit Committee, Jukka-Pekka Joensuu is not independent of the company but independent of the major shareholders of the company, and Risto Koivula is independent of the company and its major shareholders.

Administer Plc

The Board of Directors

 

Further information

Peter Aho
CEO
Administer Plc
Tel. 040 501 3661
peter.aho@administer.fi

Contacts

  • Hyväksytty neuvonantaja:, Evli Oyj, +358 40 579 6210

About Administer Oyj

Administer Group, founded in 1985, is a Finnish company that offers financial and payroll management services as well as consulting and software services. Our customers include organisations of all sizes, from small and mid-sized companies to large enterprises and municipalities. Our goal is to reform the financial management service market by developing new technologies and solutions. Measured in revenue, we are one of the largest providers of financial management services and HR and payroll services in Finland. In 2021, our revenue was EUR 42 million and we employed approximately 600 financial management professionals.

Attachments

  • Download announcement as PDF.pdf

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