The board’s responsibilities include the following: • Providing clear strategic direction • Ensuring there is adequate succession planning at senior levels • Reviewing operational performance and management and reviewing policies • Overseeing processes that seek to ensure the integrity of the risk management and internal controls The board is the focal point and custodian of corporate governance, exercising its leadership and oversight role by annually approving the strategy and business plan and overseeing implementation. Its role, responsibilities, membership requirements and procedural conduct are documented and set out in Board meeting attendance and appointment details Name Designation Initial appointment date Attendance Imtiaz Patel Non-executive director and chair 12 November 2019 4/4 Calvo Mawela Executive director 1 November 2018 4/4 Tim Jacobs Executive director 1 November 2018 4/4 James du Preez Non-executive director 1 April 2021 4/4 Elias Masilela Non-executive director 1 April 2015 4/4 Adv Kgomotso Moroka SC Non-executive director 8 March 2007 4/4 Christine Sabwa Non-executive director 11 June 2020 4/4 Dr Fatai Sanusi Non-executive director 11 June 2020 4/4 Louisa Stephens Non-executive director 6 August 2018 4/4 Jim Volkwyn Non-executive director 8 March 2007 4/4 There have been no director changes during FY23. the board charter, which it regularly reviews to guide its effective functioning. In addition, it is the board’s responsibility to ensure compliance with all statutory and regulatory requirements. Board committees During the year, the board decided to delegate oversight for remuneration, audit, risk, nomination, social and ethics to the relevant MultiChoice Group committees. This decision was made to ensure greater alignment across the entire MultiChoice Group, remove unnecessary repetition and increase the committees’ effectiveness. For more information on the board committees’ focus areas, please refer to the MultiChoice Group integrated annual report, available at www.investors.multichoice.com/integrated - annual-reports Board Summarised governance review continued Corporate governance review continued Phuthuma Nathi Investments (RF) Limited Integrated annual report 2023 88
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