About us
Internal audit
In order to ensure transparency and efficiency of operations, a centralized Internal Audit Unit operates in the group of companies EPSO-G. The unit carries out on the group scale the functions assigned and is directly accountable to the Board of EPSO-G the majority of whom are the independent members.
The auditors of EPSO-G are not subordinate to the administration of the company audited. This creates better preconditions for identifying possible deficiencies in order to eliminate them and to highlight the areas for increasing efficiency.
The internal audit mission of EPSO-G is to create added value for all the companies of the Group and to contribute to the achievement of their operational objectives, by systematically and comprehensively assessing and helping to improve the effectiveness of management, risk management and control processes. These functions are implemented through an independent and objective assurance and advisory activity.
The staff members of the unit carry out internal audits and monitor on a regular basis how the recommendations are implemented, as well how the other deficiencies related to the internal control, which have been identified by the external auditors, regulatory authority and the public control institutions, are corrected.
External audit
In 2026, Amber Grid, a company of the EPSO-G Group, conducted a joint public procurement of financial statement audit services for the Group's companies for 2026-2028 through a negotiated tender. Based on the results of the public procurement of audit services, the bid submitted by KPMG Baltics, UAB was selected as the winner.
The EPSO-G audit committee, having evaluated the results of the audit firm selection procedure, decided to recommend to the boards of the Group companies that they propose to their general meetings of shareholders to elect KPMG Baltics, UAB, to audit the financial statements for 2026–2028, paying the price for audit services specified in the offer of this audit firm.
The general meetings of shareholders of the Group companies decided to elect KPMG Baltics, UAB as the audit firm for the 2026–2028 financial statements and to set the annual remuneration for the audit services of the financial and related reports specified in the audit firm's proposal.
Information about the external audit firms of EPSO-G group companies and the prices of their audit services
PricewaterhouseCoopers provided non-audit services to EPSO-G group companies in the amount of EUR 75,746 in 2025 and EUR 64,950 in 2024. Non-audit services included financial assurance services for banks, sustainable performance observation services, and regulated activity report verification services. The services were purchased in accordance with the EPSO-G group of companies' policy on the purchase of non-audit services from an audit firm or any network to which the audit firm belongs.