2.1

DIRECTORS’ RESPONSIBILITY FOR FINANCIAL REPORTING

The directors

• Mr J (Jeffrey) van Rooyen (chairman)
• Ms GJ (Geraldine) Fraser-Moleketi (lead independent director)
• Mr PA (Riaan) Koppeschaar (finance director)
• Ms L (Likhapha) Mbatha
• Mr MDM (Mxolisi) Mgojo (chief executive officer)
• Mr VZ (Zwelibanzi) Mntambo
• Mr MJ (Mark) Moffett
• Mr LI (Isaac) Mophatlane
• Mr EJ (Ras) Myburgh
• Mr V (Vuyisa) Nkonyeni
• Ms A (Anuradha) Sing
• Mr PCCH (Peet) Snyders
• Ms MW (Monhla) Hlahla (resigned on 31 December 2019)

1. The annual financial statements of the group and company as set out on pages 31 to 166, fairly present in all material respects the financial position, financial performance and cash flows of the group and company in accordance with IFRS
2. No facts have been omitted or untrue statements made that would make the annual financial statements of the group and company false or misleading
3. Internal financial controls have been in place and functional to ensure that information, relating to the company and its subsidiaries, used to prepare the group and company annual financial statements is correct in all material respects
4. The internal financial controls are adequate and effective and can be relied upon in compiling the group and company annual financial statements
5. We have fulfilled our role and function within the combined assurance model, pursuant to principle 15 of King IV™.

Where we were not satisfied, we have:

• Disclosed to the audit committee and the independent external auditor the deficiencies in design and operational effectiveness of the internal financial controls including, if any, fraud that may have or has involved directors.
• Taken the necessary remedial action to correct the deficiencies and/or prevent further loss, if any.

Centurion

20 April 2020