Rusta’s audit committee currently consists of three members: Ann-Sofi Danielsson (chair), Erik Haegerstrand and Maria Edsman.
The audit committee’s main tasks are to:
- monitor Rusta’s financial reporting and provide recommendations and proposals to ensure the reliability of reporting;
- in respect of financial reporting, monitor the efficiency of Rusta’s internal controls, internal audits and risk management;
- keep itself informed about the audit of the annual report for Rusta and the Group as well as regarding conclusions of the Swedish Inspectorate of Auditors’ (Sw. Revisorsinspektionen) quality controls;
- inform the board of directors of the result of the audit and the way in which the audit contributed to the reliability of the financial reporting as well as the function filled by the audit committee;
- review and monitor the impartiality and independence of the auditor and, in conjunction therewith, pay special attention to whether the auditor provides Rusta with services other than auditing services; and
- assist in the preparation of proposals to the general meeting’s resolution regarding election of auditor(s).
The expansion committee currently consists of three members: Claes Eriksson (chair), Anders Forsgren and Victor Forsgren.
The expansion committee’s main tasks are to:
- in cooperation with persons responsible for establishment matters within Rusta, prepare establishment-related issues and present these to the board of directors’ which has the decision-making power. The employees within Rusta responsible for establishment matters leads the operational work until the committee preparation and reports to the CEO;
- act as a supporting resource for the employees within Rusta responsible for establishment matters in connection with implementation of Rusta’s strategy concerning the store network, including with respect to proposals on establishment, closing or moving of stores and units and preparation of national guidelines and policies for establishment matters;
- monitor past establishment, including the moving of existing stores and units as well as keep the board of directors informed of the results; and
- act as a supporting resource for the employees within Rusta responsible for establishment matters in connection with strategies concerning renegotiations of existing agreements.
The board of directors has not established a remuneration committee. Instead, the entire board of directors fulfils the tasks incumbent on a remuneration committee.
With respect to remuneration, the board of directors’ tasks are to:
- prepare decisions on issues concerning principles for remuneration, remunerations and other terms of employment for the senior executives;
- monitor and evaluate programmes for variable remuneration for the senior executives; and
- monitor and evaluate the application of guidelines for remuneration for the senior executives that the annual general meeting is legally obliged to establish as well as the current remuneration structures and levels in Rusta.