Social and Ethics Committee

Lindiwe MthimunyeCHAIRMAN OF THE SOCIAL
AND ETHICS COMMITTEE

Our role is to assist the Board by providing oversight of, and reporting on, the Group’s ethics, responsible corporate citizenship, sustainable development and stakeholder relationships. We are satisfied that we fulfilled our responsibilities in accordance with our Charter and regulatory responsibilities.

COMMITTEE MEMBERS

BOARD STATUS

MEMBER SINCE

ATTENDANCE

L Mthimunye (Chairman)^

Independent Non-Executive Director

27 August 2021

1/1

DE Beckom**

Non-Independent Non-Executive Director

27 August 2021

1/1

NN Gwagwa***

Independent Non-Executive Director

1 November 2006

1/1

S Muigai****

Non-Independent Non-Executive Director

26 May 2017

–

MW Slape

Executive Director

1 September 2019

2/2

Prof D de Jongh

Independent permanent invitee

20 November 2011

2/2

^Appointed as member and Chairman of the Social and Ethics Committee effective 27 August 2021.
**Appointed as a member of the Social an Ethics Committee effective 27 August 2021.
***Resigned as Chairman and member of the Social and Ethics Committee effective 27 August 2021.
****Resigned as member of the Social and Ethics Committee effective 27 August 2021.

The focus of the Committee in 2021

Monitored the re-organisation of the business and the formation of Centres of Excellence
Monitored the enhancement of the value-based organisational culture and compliance with the Company’s Code of Conduct
Monitored the forums Massmart participates in and its contribution to these forums, examples include: WWF Seafood Sustainability forum, National Society for the Prevention of Cruelty to Animals and UN in South Africa
Monitored the development of the recyclability of packaging of products
Monitored responsible Private Brand sourcing
Monitored the Group’s pay parity response strategies and compliance
Monitored the Group’s employment equity plans and progress
Reviewed and assessed Massmart’s response to the social impact of the Covid-19 pandemic and civil unrest
Reviewed the Group’s sustainability risk matrix
Assessed the Group’s policy and educational and enablement programmes regarding Covid-19 vaccines
Monitored the Group’s response to partnering with the Department of Health in administering Covid-19 vaccines
Ensured Massmart maintains its responsible corporate citizen status
Reviewed Massmart’s relationship with key stakeholders and industry bodies to gain an understanding of Massmart’s impact on these stakeholders and their impact on Massmart
Monitored and assessed the Group’s progress with regard to its transformation agenda and related targets
Oversight of the Group’s focus on renewable energy including the installation of two new solar plants during the year
Considered South Africa’s regulatory, political, environmental and social landscape and its implications for Massmart and the retail sector
Ensured Massmart’s continued participate in various internationally accredited governance, social and environmental indices
Reviewed the Social and Ethics Committee Charter and found this to be compliant

Our focus in 2022 and beyond

Review the possible impact on Massmart and the retail sector of South Africa’s regulatory, political, environmental and social landscape
Monitor Massmart’s performance as a responsible corporate citizen
Monitor and assess the Group’s progress with regard to transformation and review the work of the Transformation Committee
Oversight of responsible sourcing
Monitor Massmart’s B-BBEE performance
Monitor plans to achieve sustainability goals
Track the Group’s performance against set targets
Continue to monitor the embedment of the value-based organisational culture and compliance with the Company’s Code of Conduct