GOVERNANCE

Social and Ethics Committee

The committee assists the Board in monitoring Ellies’ performance as a good and responsible corporate citizen and performs its duties in terms of regulation 43 under the Companies Act, No 71 of 2008. The committee is further governed by its terms of reference which are reviewed annually and updated with relevant changes to legislation, other legal requirements and codes of best practice.

The committee comprises two non-executive directors (Stephen Goldberg and Oliver Fortuin) and is chaired by a nonexecutive director (Stephen Goldberg). The executive chairman, CEO, CFO and Human Capital representatives attend meetings by invitation.