The independent auditor is elected by the Annual General Meeting for a period of one year. The lead auditor in the present mandate, Thomas Illi, took office at the Annual General Meeting of 2016
In the reporting period, PricewaterhouseCoopers charged SFS Group about CHF 0.7 million (PY: 0.7) for the audit of SFS Group AG, the Group financial statements and several subsidiaries.
PricewaterhouseCoopers AG and affiliated companies did not raise any invoices for audit-related services in the reporting period (PY: none). For additional services related to tax compliance and other tax consulting services, a total amount of CHF 0.3 million (PY: 0.2) was paid to PricewaterhouseCoopers AG and affiliated companies in 2016.