Personal goals Below we have disclosed the group CFO’s personal performance against the target. Exceeded in settling all required tax matters on terms below provision targets. This target was not impacted by the outstanding FIRS matter as it is still under negotiation and we maintain our view that the FIRS tax matter does not represent a potential tax liability for the business. Tax management Further developed and continued to execute against group strategy to evolve into a platform business. Successfully executed on key projects, including the announcement of the Showmax partnership with Comcast, NBCUniversal and Sky and the creation of the Moment partnership. Group projects Further developed, enhanced and continued to execute against a robust succession plan. Supported diversity initiatives at senior staf ng levels and achieved employee engagement targets. People Exceeded targets relating to cash extraction from Nigeria on both the opening cash balance and local cash-generation targets for the year. Cash extraction Exceed the group’s cost savings target which helped partially offset the SA margin pressure and supported RoA reaching breakeven. Cost saving Delivered on rst year targets relating to key nance projects, such as the transition to SAP and go to market launches within agreed project timelines. Finance projects SOMEWHAT ACHIEVED 50% OUTSTANDING 110% ACHIEVED 100% OVER ACHIEVED 105% NOT ACHIEVED 0% Key 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 125
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