Our robust systems are in place to ensure good corporate governance of King IV.

Compliance with King IV

In recognition of the need to conduct the affairs of the group according to the highest standards of corporate governance and in the interests of investor protection, the group’s commitment to good governance is formalised in charters, policies and operating procedures. These are intended to cover all aspects of the organisation’s activities wherever situated, and in reporting internally and to stakeholders. The board is committed to achieving high standards of corporate governance, business integrity and ethics across all its activities.

The principles and structures for good corporate governance are in place throughout the group and are operating well. The directors are satisfied that the group substantially complies with the principles and spirit of King IV. The Oceana Group Limited disclosure on its application of King IV is accessible below.

Compliance with the JSE Listings Requirements

The company is fully compliant with the JSE Listings Requirements, as amended.

Compliance with the Namibian Stock Exchange Listings Requirements

The company is fully compliant with the Namibian Stock Exchange Listings Requirements, as amended.

Compliance with laws and regulations

The Board of directors governs group compliance with applicable laws and adopted, non-binding rules, codes and standards in a way that supports the organisation being ethical and a good corporate citizen. The compliance portfolio is managed by the group company secretary. A compliance report is provided at each of the quarterly board meetings.