The board of directors is the highest decision making body within the group and the ultimate custodian of good governance. The board aspires to exercise Leadership, Integrity, Hornets, Transparency and Judgement that are aimed to the company’s strategic goals The board oversees process which ensure that each business area of operation and every employee of the group is accountable to act in line with sound corporate governance principles in their work at all times and in relation with internal and external stakeholders The chairperson of the board and the chairpersons of the board committees play an active and vital role in all corporate governance matters and are full responsible for their respective committees and regular accurate reports to the executive directors and top management. The board of The AHACCS Group has a formal charter The charter, amongst other things, sets out the board of directors’ role and responsibilities in areas such as ethical Leadership, Financial Management, Compliance, Business strategy, Risk Management, Sustainability, Good Corporate Governance, member’s public conducts and behaviour The charter addresses specific responsibilities of individual directors in terms of public corporate expectations, common law and specific Acts. Amongst other things, important elements of good corporate governance are covered in the charter including the role of the board Chairperson, Chief Executive Officer, Chairpersons of the board committees, the role of the active and independent non- executive directors, focus on stakeholders relationships, implementation of proper and fair delegation authority, the composition and evaluation of the board and its various committees The board notes that, in accordance with king 111, the roles of the chairperson and that of the Chief Executive Officer are separated and there is a clear division within the board and the company, therefore ensuring a balance of power and authority. The position of the board chairperson is held by an independent person. The majority of the directors of the board are independent and the ratio of executive to non-Executive directors ensures that the board is sufficiently informed by independent perspectives The formal process for nominating a new board candidate/s for appointment as a director/s to the board of The AHACCS Group is overseen by the remuneration committee. All appointment of directors are approved by the board as a whole, and all newly appointed directors are expected to officially join the board in the first annual general meeting following their appointment to the board by the shareholders and are expected not to hold dual board directorship position in the group competitors