112 / 130
Report of the Statutory Auditor on the remuneration report
to the General Meeting of Shareholders of Autoneum Holding Ltd, Winterthur
We have audited the accompanying remuneration report dated March 2, 2016, of Autoneum Holding Ltd for the year
ended December 31, 2015. The audit was limited to the information according to articles 14–16 of the Ordinance against
Excessive Compensation in Stock Exchange Listed Companies (Ordinance) contained in the tables “Remuneration to
the members of the Board of Directors and of the Group Executive Board in 2015” and “Remuneration to the members of
the Board of Directors and of the Group Executive Board in 2014” on pages 106 to 107 of the remuneration report.
Responsibility of the Board of Directors
The Board of Directors is responsible for the preparation and overall fair presentation of the remuneration report in
accordance with Swiss law and the Ordinance against Excessive Compensation in Stock Exchange Listed Companies.
The Board of Directors is also responsible for designing the remuneration system and defining individual remuneration
packages.
Auditor’s responsibility
Our responsibility is to express an opinion on the accompanying remuneration report. We conducted our audit in
accordance with Swiss Auditing Standards. Those standards require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance about whether the remuneration report complies with
Swiss law and articles 14–16 of the Ordinance.
An audit involves performing procedures to obtain audit evidence on the disclosures made in the remuneration report
with regard to compensation, loans and credits in accordance with articles 14–16 of the Ordinance. The procedures
selected depend on the auditor’s judgment, including the assessment of the risks of material misstatements in the
remuneration report, whether due to fraud or error. This audit also includes evaluating the reasonableness of the methods
applied to value components of remuneration as well as assessing the overall presentation of the Remuneration report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Opinion
In our opinion, the remuneration report for the year ended December 31, 2015, of Autoneum Holding Ltd complies
with Swiss law and articles 14–16 of the Ordinance.
KPMG AG
Kurt Stocker
Kathrin Schünke
Licensed audit expert
Licensed audit expert
Auditor in charge
Zurich, March 2, 2016
108
Autoneum Financial Report 2015
Remuneration report