Corporate Governance Statement

The Company believes in having high standards of corporate governance, and is committed to making sure that effective self-regulatory controls exist to protect shareholders’ interests and maximise long-term shareholder value. Good corporate governance helps companies to be more open and transparent, less bureaucratic, forward-looking with fresh ideas, and more decisive in the execution of strategies and initiatives, and is an effective safeguard against frauds and dubious financial engineering.

These self-regulatory controls include a Board of Directors comprising high calibre members, Board Committees, and enterprise risk management and internal audit functions, and are explained in the paragraphs which follow.