Merafe Resources Integrated Annual Report 2018

MERAFE RESOURCES INTEGRATED ANNUAL REPORT 2018 59 Sustainability review and assurance Merafe and the Venture Merafe relies on the Venture and Glencore to obtain quantitative data with regard to sustainability indicators of the Venture as set out in this report. The Venture, via the Glencore Sustainability Database, undergoes a process of internal and independent assurance reviews of their key sustainability indicators. The sustainability data and information falls under the Sustainability and Human Resources Development departments of both the Venture and Glencore. The information set out in this report is signed off by the Venture and Glencore. The Venture’s sustainability data and information was subjected to various internal and external reviews and audits during 2018. See our online Integrated Annual Report for 2018 under Sustainability review and assurance for a schedule detailing the Venture’s internal and external reviews and audits. With regard to the above internal and external audits and reviews, the Venture and Glencore have confirmed to the Board of Merafe that there are no material issues arising therefrom which would impact on the reliability, accuracy and completeness of the Venture’s information set out in this report. Deloitte was again appointed by Glencore to conduct an independent third- party assurance on key sustainability data of the Venture relating to 2018. The assurance took place and the Venture and Glencore have confirmed that no material issues arose therefrom. As a result of the internal and external reviews and audits as outlined (together with the signing off of the data by the Venture and Glencore), the Merafe Board is satisfied that the information set out in this report in respect of the Venture’s data is reliable, accurate and complete. The Venture’s Mineral Resources and Mineral Reserves Statement to 31 December 2018 is signed off by a Competent Person as defined by the SAMREC Code, a summary of which is on pages 27 to 29 of this report. The full report is on our online Integrated Annual Report and on our website and attached as Appendix 1. For the 2014 annual report independent assurers were engaged to provide independent assurance on the directors’ statement that they had followed the materiality determination process described in identifying the material issues in the Integrated Annual Report. Since then, the Board has followed the same materiality determination process as set out on page 7 of this report. Deloitte were engaged as Auditors of the Company as set out on the inside front cover of this report. In respect of the Remuneration Policy of the Company and remuneration of the Company’s Board and executives, the Remuneration Committee appointed independent advisors to assist the Committee in ensuring that the policy was in line with best practice and that remuneration was properly benchmarked. For more details in this regard see the Remuneration Report on pages 50 to 57 of this report. See our online Integrated Annual Report for 2018 under Sustainability review and assurance for a schedule detailing the Venture’s internal and external reviews and audits.