Ernst & Young AG, Switzerland, has been the auditor for dormakaba Holding AG and Group auditor of the dormakaba Group since 2025. The responsible lead auditor took on this function during the financial year 2025/26.
In the financial year 2025/26, dormakaba Holding AG and its Group companies paid Ernst & Young CHF 3.4 million for auditing their annual financial statements and the consolidated financial statements of the dormakaba Group. Additionally, dormakaba Group procured further consultancy services from Ernst & Young amounting to CHF 2.4 million. The latter included approximately CHF 2.3 million for general advisory services, and CHF 0.1 million for taxation services.
Each year, the AC of the BoD assesses the performance, fees, and independence of the auditor and suggests to the BoD which external auditor should be proposed to the AGM for election. Each year, the AC also assesses the scope of external auditing, the audit plans, and the relevant processes and discusses the results of the audit with the external auditors. Please find more information about the AC here.