8. Auditor

The Annual General Meeting selects an external auditor that possesses the independence and professional qualifications as stipulated by law for the term of one fiscal year. Procedures and subject of the audit are in accordance with legal provisions. Since the 2023 reporting year, KPMG AG, Zug, acts as Group auditor. The audit fees of KPMG and EY Gabon for the audit of PW Holding, the Group and the companies audited by them worldwide amounted to EUR 318 768 in 2025 (2024: EUR 301  370). The Board of Directors monitors the efficiency and effectiveness of the external audit. Detailed information can be found in the bylaws, which are published on our website (Investor Relations – Corporate Governance).