The members of the Audit Committee are Marianne Rørslev Bock (Chairman), Stine Bosse and Benoit Scheen, who are all independent members of the Audit Committee. Marianne Rørslev Bock possesses special qualifications in the field of accounting and auditing. The members of the Audit Committee as a whole have competences relevant to the telecommunications industry.
The Audit Committee held three meetings in 2017.
Specifically in 2017, in relation to the Audit Committee’s activities as laid down in the Charter for the Audit Committee, the Audit Committee reviewed the financial information in TDC Group’s annual report for 2016, including significant and complex transactions; discussed accounting principles and critical accounting estimates and judgments; evaluated the independent auditor’s performance and independence, and recommended to the Board of Directors nomination of the independent auditor for election at the Annual General Meeting; and evaluated – with a view to making a recommendation to the Board of Directors – the need for an internal audit function. In addition, the Audit Committee performed a number of in-depth reviews of different areas related to the work of the Audit Committee, e.g. strategic security areas, TDC Group’s corporate tax, TDC pension fund, TDC Group’s insurance strategy, vacant leases and risk management. The Audit Committee also discussed TDC Group’s CSR report for 2016. Finally, the Audit Committee reviewed its own Charter and recommended changes for the Board of Directors' approval.