The primary purpose of Munters' Audit Committee is to assist the Board in overseeing the accounting and financial reporting processes.
At the statutory meeting of the Board of Directors on 22 April, 2008, the Board decided to appoint Jan Svensson (Chairman), Eva-Lotta Kraft and Sören Mellstig as members of the Audit Committee for the period until the next statutory Board meeting. The Audit Committee is charged with preparing issues regarding the procurement of auditing services and audit fees, following up the auditors' work and internal control systems, monitoring the current risk situation with respect to financial reporting, following up external audits and the Company's financial information and handling other issues assigned by the Board of Directors.