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King IVTM disclosure

We have reviewed our governance structures to ensure alignment with King IVTM.

Our disclosures in terms of King IVTM are fully integrated with our reporting elements – we believe this to be the intent of the code – while also being aligned to the following clusters:

We have used icons throughout this report to indicate evidence of arrangements, focus areas, measurements or future priorities per principle. In addition to the information contained in this report, a King IVTM index is available, which summarises the principles and provides stakeholders with links and references in support of the principles in one place.

This Chairman’s report is followed by four sections that explain how we, at SPAR, ensure the realisation of governance outcomes, as envisaged by King IVTM.