The Company's auditor is elected by the Annual General Meeting for a period of one year.
At the 2017 AGM, Ernst & Young S.A. (EY), was re-elected as the external auditor of Millicom for a term ending at the 2018 AGM. Olivier Lemaire, authorised public accountant in Luxembourg, is responsible for the audit of the Company on behalf of EY.
The audit(s) involve the examination of the consolidated financial statements of the Company (in the Annual Report), and the standalone financial statements of the Company and its subsidiaries (as applicable).
EY also perform other tasks related to the duties of a company auditor and may also perform other non-audit related services subject to applicable independence rules.
The Auditor reports its findings to the shareholders by means of the auditors' report, which is presented to the Annual General Meeting. In addition, the Auditor reports detailed findings at each of the ordinary meetings of the Audit Committee and to the full Board at least once a year.
For more detailed information concerning the auditors' fees, see Section G1. to the 2016 consolidated financial statements in the 2016 Annual Report in our Reporting Centre at: