The audit committee has the following main responsibilities:

• Prepare the board´s work in assuring the quality of the financial statements.
• Consider issues relating to internal control of financial reporting and compliance.
• Monitor and evaluate external audit work.
• Follow accounting developments in areas that can affect Meda.

The audit committee consists of three board members as appointed by the board. Current members are Tuve Johannesson (Chairman of the Committee), Bert-Åke Eriksson and Peter Claesson.

For further information of the audit committee, please refer to section Audit Committee in the annual report.