Board of Control

The Assembly of Delegates appoints an independent audit firm as the Board of Control on the basis of a proposal by the Board of Directors. The Board of Control is appointed for a two-year term of office, and may be reappointed.

PricewaterhouseCoopers AG has been confirmed as both FMC Board of Control and group auditors until 30 June 2014. The company has been auditing the annual financial statements of the FMC and the Migros Group accounts since 1 July 2000 (previously Swiss Trust Company – Coopers & Lybrand AG). The Chief Auditor, Daniel Anliker, Certified Public Accountant, took up his post on 1 July 2006. His mandate expires at the end of the 2012 financial year.

Certain audits of the Migros Group accounts are carried out by Mitreva Treuhand und Revision AG, working in close cooperation with PricewaterhouseCoopers.