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Autoneum Annual Report 2016
Corporate Governance
additional services in the year under review,
mainly for tax advisory services.
Information instruments of the
external auditors
The external auditor informs the Audit Commit-
tee in writing and verbally at every meeting
about relevant auditing activities and other
important facts and figures related to the
Company. Representatives of the external and
internal auditors attend Audit Committee
meetings to explain their activities and answer
questions. The statutory auditors have access
to the minutes of the meetings of the Board of
Directors.
The Audit Committee of the Board of
Directors makes an annual assessment of the
performance, fees and independence of the
statutory and Group auditors. It submits a
proposal to the Board of Directors regarding who
should be proposed for election as statutory
auditors at the General Meeting. In addition, the
Audit Committee reviews the scope of external
auditing, the auditing plans and relevant
procedures annually, and discusses auditing
results with the external auditors in each case.
9 Information policy
Autoneum maintains regular, open communi-
cation with all stakeholders and relevant parties,
in particular with investors, financial analysts
and representatives of banks and the media.
Communication takes place through the Annual
Report and Semi-Annual Report, the Annual
General Meeting and at least one media and
financial analysts conference each year.
Reporting on the 2016 financial year
includes the Annual Report, a media release
and a presentation. The Annual Report can
be ordered by shareholders using the form en-
closed with the invitation to the Annual General
Meeting. It is also available for perusal at the
Company’s headquarters no later than 20 days
prior to the Annual General Meeting. At the
Annual General Meeting, the Board of Directors
and the Group Executive Board provide infor
mation on the annual accounts and the course of
business and answer shareholders’ questions.
Representatives of
the external and internal
auditors attended Audit
Committee meetings.