ESG metrics Contribution to sustainable environment Funding of media and broadcast aspects of Earthshot prize Threshold (50% vesting) Target (75% vesting) Stretch (100% vesting) ZAR55m (cumulative) ZAR58m (cumulative) ZAR60m (cumulative) ESG rating Rating by external rating agencies MSCI and Sustainalytics Threshold (50% vesting) Target (75% vesting) Stretch (100% vesting) Achieve the second highest rating available from both MSCI (AA rating) and Sustainalytics (low risk) One rating in the second highest category, and one rating in the highest category Achieve the top-level rating available from both MSCI (AAA rating) and Sustainalytics (negligible risk) 30% 20% ESG 10% 10% 15% 15% 20% 30% Overview Introduction Understanding Phuthuma Nathi Understanding MultiChoice SA MultiChoice SA performance Financial review Corporate governance review Shareholder information Phuthuma Nathi Investments (RF) Limited Integrated annual report 2023 111
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