Approach to governance
As stated in the Old Mutual Limited Pre-listing Statement, the Company committed to principles of sound governance and application of the highest ethical standards in the conduct of our business and affairs. The Board is committed to the principles
of diligence, honesty, integrity, transparency, accountability, responsibility and fairness. The Directors accept full responsibility for the application of these principles to ensure that the principles of good corporate governance are effectively
practised throughout the Group. Furthermore, the Board understands and accepts its responsibility to safeguard and represent the interests of the stakeholders of the Company in perpetuating a successful and sustainable business that ensures the
achievement of the Group’s strategic objectives.
The Board is responsible for ensuring that the Group complies with all of its statutory obligations as specified in the Company Memorandum of Incorporation, the Companies Act, the Johannesburg Stock Exchange Listings Requirements, the Malawi Stock Exchange Listings Requirements, the Namibian Stock Exchange Listings Requirements,
the UK Listing Authority Rules defined in the Pre-Listing Statement,
the Zimbabwe Stock Exchange Listings Requirements and all other regulatory requirements.
The Directors endorse the King Code and recognise the need to conduct the affairs of the Group with integrity and in accordance with generally accepted corporate practices. In discharging this responsibility, the intention is to apply the principles
of the King Code in both letter and spirit.