Copyright© JSE Limited Corporate Governance AltX – is it different? Noah Greenhill
2 2 AltX Established companies listed R10bn market capitalisation 3 key quality controls Designated Advisor AltX Advisory Committee Directors Induction Programme Ongoing obligations
3 3 The Stakeholders The Board Management Shareholders Regulators Environment Service providers
4 4 The evidence Listing requirements Companies Act King III Board charters and committees Chairman Directors Executive Non-executive Independent non-executive Processes Visuals – AFS and other documents “Substance over form”
5 5 Some more evidence 9 had Executive chairman 24 had no remuneration committee Reports Management report Year on year analysis Annual Financial Statements Corporate Governance and Sustainability review
6 6 Conclusion Makes a difference Attitude Adds to the quality Company Investor Other stakeholders
7