Audit

The Company’s auditor, which must be an auditing firm approved by the Central Chamber of Commerce, is elected annually at the General Meeting. The auditor’s term of office ends at the close of the first General Meeting following the election.

The auditor is responsible for ensuring that the financial statements have been prepared in accordance with the applicable regulations, and that they provide true and fair information about the Company’s result and financial position, as well as other information necessary for the Company’s stakeholders. The requirements of internal control are also taken into account in the auditor’s audit plans.

The auditor annually submits its report to the Company’s Annual General Meeting. In addition, the auditor reports on the main points of the annual audit plan and provides a written auditor’s report concerning the entire Group to the Board of Directors in connection with the financial statements. The auditor participates in the meetings of the Audit Committee where applicable. The auditor always attends the Annual General Meeting and at least one meeting of Olvi plc’s Board of Directors during the year.

In 2025, KPMG Oy Ab, Authorised Public Accountants, served as the auditor elected by the Annual General Meeting. The auditor was responsible for the audit of Olvi plc, which is the parent company of the Group, and the Baltic and Danish subsidiaries. Kept, who reports to KPMG Oy Ab, has audited the consolidated data of the subsidiary located in Belarus. Heidi Hyry, Authorised Public Accountant, has served as the principal auditor since 26 March 2024.

In 2025, Olvi Group’s auditors were paid fees for audit tasks as follows:

– Ernst & Young Oy, EUR 0.00 (134,400.00); other advisory and consulting services, EUR 0.00 (39,300.00).

– KPMG Oy Ab, EUR 318,350.00 (134,100.00), other advisory and consulting services, EUR 28,400.00 (47,300.00).

Updated 11.3.2026