Audit Committee

The Audit Committee consists of Leif Nørgaard (Chair), Therese Hillman, and Petra von Rohr, and the committee reports to the Board of Directors.

The Audit Committee’s role includes overseeing the integrity of the financial and sustainability reporting, monitoring the group’s financial position as well as the effectiveness of the group’s internal control and risk management, being informed about the audit of the annual report including the sustainability statement and the consolidated financial statements, to monitor the quality of the external audit, to review and monitor the auditor’s impartiality and independence and to monitor the group’s compliance with law and regulations related to financial and sustainability-related matters. As such, also consulting the Board of Directors on environmental, social, and governance decisions, including identifying and assessing material IROs and integrating results into governance processes and controls. These structures aim to facilitate the effective management of Better Collective’s risks and uphold high standards of business conduct. The Audit Committee has an annual work plan and held five meetings in 2024.