Botswana Stock Exchange

The Botswana Stock Exchange Code of Best Practices on Corporate Governance. Covering:

Section 1: – The Company

A. – Directors

A.1 – The Board

A.2 – Chairman and CEO

A.3 – Chairman’s Role

A.4 – Board Balance

A.5 – Appointments to the Board

A.6 – Appraisal of Board Performance

B. – Director’s Remuneration

B.1 – Remuneration Procedure

B.2 – Share Options / Directors’ transactions

B.3 – Disclosure of Remuneration

C. – Relations with Shareholders

C.1 – Constructive use of the AGM

C.2 – Major Transactions

D. – Accountability and Audit

D.1 – Financial Reporting

D.2 – Internal Control

D.3 – Audit Committee and Auditors

D.4 – Corporate Governance

Schedule A – Board Collective Assessment Checklist