• Articles of association
• General meeting of shareholders
• Election committee
• Board of Directors
• Committees of the board of directors
• Management
• Auditors
• Internal control
• Review by auditors
• Ethical guidelines
• Risk analysis

Review by auditors

Quarterly review by the auditors

Neither B&B TOOLS’ six-month report nor the nine-month reports for the 2009/2010 operating year were examined by the Company’s external auditors, which is a deviation from the rules of the Code. After consulting with the Company’s external auditors and other parties, the Board of Directors has determined that the additional expense that would be incurred by the Company of expanded quarterly examination by the Company's auditors is not warranted at this point in time.

Examination of the Corporate Governance Report

B&B TOOLS corporate governance report for 2009/2010 is not a part of the Annual Accounts and has not been examined by the Company's auditors. Nor have the auditors examined this Corporate Governance section at the Group's website.