At a frequency advised by the Nomination Committee, the Board evaluates its performance along with the performance of each Director. This evaluation focuses on areas of improvement and ensures the Board functions efficiently and effectively. Mechanisms for stakeholders’ communication with the Board The Group acknowledges the importance of maintaining communication and engagement with its stakeholders. This ensures that stakeholders are kept up-to-date on the Group’s goals and performance as well as alerting the Group to its stakeholders’ points of interest. The Group provides various platforms for stakeholders to directly communicate with our Board of Directors. These include the Annual General Meeting, press announcements of interim and year-end annual results, investor briefings, meetings, annual reporting to shareholders and exercise of shareholders’ voting rights through proxy forms. Our website contains a vast array of updated operational and financial information which can be easily accessed by all stakeholders.

Simbisa Brands has put in place resources and systems to ensure the Directors are provided with comprehensive information on the business on a timely basis. This enables Directors to discharge their duties and carry out their responsibilities effectively. The Group’s policy allows Directors to seek independent professional advice at the Group’s expense on matters relating to the furtherance of their duties or advancement of the Group’s business objectives.