The auditors of Bilia AB are elected by the AGM for a period of four years. In 2008 KPMG AB was re-elected as the public accounting firm. In September 2010, KPMG AB decided to appoint Jan Malm as new auditor in charge, thereby replacing Johan Dyrefors.
Audit mainly involves continuous auditing and examination of the annual accounts. KPMG also assists Bilia with advice
on accounting matters. During the past three years this has mainly involved questions pertaining to the adaptation of
accounting practices in accordance with IFRS. No circumstance relating to this advisory role has been judged to influence
the impartiality and independence of the auditors.