Integrated Annual Report 2021
Integrated Annual Report 2021

Board approval

Our Board acknowledges its responsibility for ensuring the integrity of this Integrated Annual Report. It has applied its collective mind to the preparation and presentation of this report and is of the opinion that the report is in accordance with the International Integrated Reporting Council (IIRC)’s International <IR> Framework. The Board has critically assessed the assurance obtained from Massmart’s combined assurance model. It is satisfied that the model enables an effective internal control environment that supports the integrity of information used for internal decision-making by management, the Board and its Committees, and the integrity of the Integrated Annual Report. The Board also considered materiality for the purposes of the Integrated Annual Report and the effect that the presence or absence of an item of information might have on the accuracy or validity of a statement in the Integrated Annual Report, or a decision by a stakeholder. Our overall objective with this Integrated Annual Report is to provide information that could materially impact Massmart’s ability to create value over the short, medium and long term. The Board is of the view that, to the best of its knowledge and belief, our integrated reporting addresses matters material to our stakeholders’ decision-making by explaining the impact of Massmart’s value creation process over time. It also takes into consideration the Group’s impact on its stakeholders and the environment in which it operates. The Board unanimously approved our integrated reporting for 2021 on 8 April 2022.

 

 


Kuseni Dlamini
Chairman of the Board

Mitchell Slap
Chief Executive Officer

Mohammed Abdool-Samad
Chief Financial Officer
     

Daria Beckom

Olufunke Ighodaro

Lindiwe Mthimunye
     

Charles Redfield

JP Suarez

Sindiswa Zilwa