seeks to subscribe to the values of good corporate governance as set out in the Code of Corporate Practices and Conduct embodied in the “King III” report.
adheres to best practice as defined by the South African Companies Act 61 of 1973 and Companies Act 71 of 2008, regarding Corporate Governance.
Audit Committee consists of members of the Board of Directors of CAVICO
and has a minimum of two members. The Audit Committee has as members, one CAVICO
Non-Executive Director and one Executive Director.
A non-executive Director of CAVICO
chairs the Remuneration Committee of CAVICO
and each CAVICO