Adcock Ingram Integrated Report 2018

Sustainability SOCIAL, ETHICS AND TRANSFORMATION COMMITTEE (COMMITTEE) In compliance with the requirements of the Companies Act 71 of 2008, this Committee operates in terms of a mandate, which contains detailed provisions relating to its terms of reference, duties, composition, role and responsibilities. THE ROLE AND FUNCTION OF THE COMMITTEE The Committee is responsible for assisting the Board in monitoring and reporting on social, ethical, transformational and sustainability practices consistent with good corporate citizenship and assisting the Group to discharge its business responsibilities. Statutorily, the Committee is responsible for monitoring the Group’s activities as per the Company’s Act, with regard to: u u Social and economic development; u u Good Corporate citizenship; u u Environment, health and public safety; u u Stakeholder management; and u u Labour and employment practices. Composition and Meetings The Committee consists of three non-executive directors, two of whom are independent and two executive directors. The attendance of the Committee meetings was as follows: MANUFACTURED Monitored the health and safety standards and statistics for the Group. Introduced a recovery to expense ratio metric to measure factory performance and sustainability. Monitored the further rollout of owner-driver scheme. HUMAN Tracked talent management for the Group. Reviewed Code of ethics and conduct, organisational behaviour and addressed weak controls which were identified. Monitored the economic transformation initiatives, the achievements and challenges of the EE plan, the B-BBEE score card and associated risks. INTELLECTUAL Monitored regulatory compliance. Monitored submission of product applications and amendments. Monitored compliance to advertising standards. Monitored the Company’s media exposure. Refer to page 32 Refer to page 35 NATURAL Monitored the Group environmental initiatives such as: u u Energy consumption; u u Water consumption; and u u Carbon footprint. Refer to page 40 Refer to page 38 SOCIAL AND RELATIONSHIP Monitored and assessed the Corporate Social Initiatives. Assessed the stakeholder management activity report. Supported management’s implementation of the Youth Employment Services (YES) Programme. Refer to page 42 Meeting attendance Chairman M Makwana 4/4 Members A Hall 4/4 T Lesoli 4/4 B Letsoalo 4/4 A Mokgokong 4/4 Invitees Dante Mashile (Adcock Ingram – Public Affairs Executive) 2/2 D Nabarro (Marsh Risk Advisor) 4/4 S Pietropaolo (Adcock Ingram – Head of Internal Audit) 4/4 K Kalicharan (Adcock Ingram – Corporate Communications Manager) 3/3 V St Quintin (Adcock Ingram – Corporate Communications Manager) 1/1 During the year the Committee reviewed the terms of reference including the six capitals to align to King IV. Below are some of the key considerations by the Committee in 2018: ADCOCK INGRAM  Integrated Report 2018 30 SUSTAINABILITY