Board Committees

Directorate

COMMITTEES	Human Capital Committee	Audit and Risk Committee	Nomination Committee
Composition	Four non-executive directors, three of whom are independent	Four non-executive directors, two of whom are independent	Three non-executive directors.
Chairman	Independent non-executive director: JA Louw	Independent non-executive director: AH Sangqu	Independent non-executive director: HE Blanckenberg
Frequency of meetings	Four times this year	Four times this year	Four times this year
Board approved charter	Yes	Yes	Yes
Primary responsibilities	Maintain and approve appropriate policy Executive management succession planning Monitor the implementation of relevant labour legislation Monitor the implementation of the transformation policy Remuneration of directors and executive management Evaluation and approval of the remuneration strategy, including the market-related incentive schemes for executive and senior management	Nomination of auditors for the annual financial audit Ensures that appropriate internal control procedures are in place and applied Ensures that risk management procedures are adequate Ensures that appropriate standards of reporting and compliance are maintained Ensures that relevant legislation is adhered to Ensures that the internal audit function operates effectively and is totally independent	Proposals for all non-executive appointments Proposals for the appointment of the company secretary Performance evaluation of the board Performance evaluation of the chairman Succession planning of the chairman
Invitees	Meetings are attended by relevant members of management	Meetings are also attended by internal and external auditors and relevant members of management
Access		The external and internal auditors have unlimited access to the audit and risk committee thereby ensuring independence is not compromised in any way A fixed agenda item is a closed session discussion without management

Committee membership
Human Capital Committee: JA Louw (Chairman), HE Blanckenberg, GD Eksteen, Dr MI Surve
(all non-executive)

Audit and Risk Committee: AH Sangqu (Chairman), NS Mjoli-Mncube, JH van Niekerk, AE Jacobs (all non-executive)

Nomination Committee: HE Blanckenberg (Chairman), GD Eksteen, AW Bester
(all non-executive)

Board attendance for the financial year ending 30 September 2009.

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