External Auditors

Volvo Cars auditors are appointed by the Annual General Meeting. Deloitte AB is Volvo Car Group’s auditor since 2010. Deloitte AB was re-elected at the Annual General Meeting 2023 for the period up and including the Annual General Meeting 2024. Fredrik Jonsson, authorised public accountant and a member of FAR (the professional institute for authorised public accountants in Sweden), is auditor-in-charge.

The external auditors discuss the external audit plan, audit findings and risk management with the Audit Committee. The auditors review one interim report and present the result of the work to Audit Committee. The result from their financial year audit and audit of the Annual Report of Volvo Car AB and the consolidated financial statements is presented to the Audit Committee and the Board of Directors at meetings after year-end. When Deloitte is asked to provide services other than the external audit, it is done in accordance with general independency rules. Annually Deloitte assures its impartiality and independence in writing to the Audit Committee in accordance with the Swedish Companies Act and ISA 260.