CORPORATE GOVERNANCE AND BBBEE CERTIFICATION

The King IV Report on Corporate Governance^TM for South Africa 2016:

Fairvest is committed to the promotion of good corporate governance and to following the principles of fairness, accountability, responsibility and transparency as advocated in King IV^TM. The board recognises the need to conduct the business of the group with integrity and in accordance with generally accepted corporate practices. The board endorses, has addressed, and, where possible and relevant to the company, has applied the principles of King IV^TM.

The detailed Annual Corporate Governance Report which deals with the company’s adherence to the principles of King IV^TM is available here.