Auditor

At the 2025 Annual General Meeting, Ernst & Young AB (EY) was re-elected as the external auditor until the end of the 2026 Annual General Meeting. Authorized public accountant Hamish Mabon is the auditor in charge. Hamish Mabon was born in 1965 and holds other significant audit assignments for SEB and Wallenbergstiftelserna.

EY submits the audit report for the annual report for ASSA ABLOY AB, the Group and a large number of the subsidiaries worldwide. The audit of ASSA ABLOY AB also includes the administration by the Board of Directors and the CEO. The auditor in charge attends the Audit Committee meetings as well as the February Board meeting, at which he reports his observations and recommendations concerning the audit of the parent company and Group for the year.

The external audit is conducted in accordance with International Standards in Auditing (ISA), and generally accepted auditing standards in Sweden. The audit of the financial statements for legal entities outside Sweden is conducted in accordance with statutory requirements and other applicable rules in each country. EY also performs limited reviews of the company’s sustainability statement and the quarterly report for the second quarter. Finally, EY submits a report to the General Meeting regarding the company’s compliance with remuneration to senior executives.

For information about the fees paid to auditors and other assignments carried out in the Group in the past three financial years, see Annual Report 2025 Note 3 and the Annual Report 2024, Note 3. 

The auditor’s address is Ernst & Young AB, PO Box 7850, 103 99 Stockholm, Sweden.