King IV Update

Parmi Natesan

Executive: CCG

27th March 2015

THE SMALL

WHY

Local and International Developments

• Social and ethics committees

• Strategic and systemic risks

• Cyber security

• Social media

• Audit firm rotation and audit quality

• Remuneration

• CRISA

• Integrated reporting

• Etc

THE BIG

WHY

What if …?

What to expect

Accessibility

Better not more

Co-creation

A

B

C

PROCESS

OVERVIEW

Stakeholder interviews

Timeline

Second half 2016

Working content matrix

Board as focal

point Leadership and culture

Strategy, policy and

framework Oversight Accountability

Corporate

Citizenship

- Ethical governance

- Role of co in society

- Sustainability

- Governance of ethics

- Investment in social and

environment

- Mitigation of impact

Assessment of ethics,

investment and impact

Report

Performance - "Value"

- Risk apppetite

- Strategy for value-creation

- Strategic riks

- Business model

- Business plan

- KPIs

- Reward

Report

Conformance

Commitment to compliance

with rules and regulation and

leading practice

- Board and board committees

- Chairman; LID; Cosec; CEO

- Group companies

- Risk and control framework

- IT governance framework

- Compliance framework

- Effectiveness of structures

- Assurance over risk, IT and

compliance and internal

controls

Report

Stakeholder

relationships

Commit to stakeholder

inclusivity

- Engagement policy

- Integrated thinking policy

- Effectiveness of engagement

- Assurance over integrated

reporting

Report

Thank

You