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CORPORATE GOVERNANCE

The Altech board regards corporate governance as important to the success of the group’s business and is committed to applying the principles of good corporate governance in the group.

The importance of sound corporate governance principles, practices and controls was central to Altech’s board discussions during the past two years. This was particularly relevant to decisions taken regarding the sustainability of the group’s African operations. Governance and performance challenges in these areas validated the group’s commitment to the key concepts of the King Code of Governance Principles for South Africa 2009 (King III) and highlighted the benefi ts of an integrated approach to governance.

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