140945 Limpopo Gambling Board AR DRAFT 7

4.5. Human Resource, Ethics and Social Committee.................................................................. 91 4.6. Compliance and Enforcement Committee. ........................................................................... 91 4.7. Remuneration Committee. .................................................................................................... 91 4.8. Corporate Social Investment (CSI) Committee..................................................................... 91 4.9. Remuneration of Board Members......................................................................................... 92 5. Risk Management........................................................................................................................ 93 5.1. Nature of Risk Management. ................................................................................................ 93 5.2. Risk Management Process................................................................................................... 93 5.3. Progress made in Addressing Risks Identified ...................................................................... 94 6. Internal Control Unit.................................................................................................................... 95 7. Internal Audit and Audit and Risk Committees........................................................................ 95 7.1. Objective and Role of Internal Audit...................................................................................... 95 7.2. Progress Report for the Year. ............................................................................................... 96 7.3. Key Activities and Objectives of the Audit and Risk Committee........................................... 96 7.4. Audit and Risk Committee Members Information. ................................................................ 97 8. Compliance with Laws and Regulations................................................................................... 98 9. Fraud and Corruption.................................................................................................................. 98 9.1. Creating Awareness.............................................................................................................. 98 9.2. Whistle Blowing..................................................................................................................... 98 10. Minimising Conflict of Interest ................................................................................................... 98 11. Code of Conduct.......................................................................................................................... 99 12. Health, Safety and Environmental Issues................................................................................. 99 13. Company Secretary..................................................................................................................... 99 14. Social Responsibility. ............................................................................................................... 100 15. Audit and Risk Committee Report........................................................................................... 100 15.1. Introduction.......................................................................................................................... 100 15.2.Audit and Risk Committee Responsibilities. ....................................................................... 100 15.3.The Effectiveness of Internal Control.................................................................................. 100 15.4. In-Year Management and Monthly/Quarterly Report. ......................................................... 101 15.5.Evaluation of Financial Statements..................................................................................... 101 16. B-BBEE Compliance Performance Information...................................................................... 102

Part D: Human Resource Management............................................................................................ 103

1. Introduction................................................................................................................................ 104 1.1 Policy Development............................................................................................................. 104 2. Human Resource Oversight Statistics......................................................................................... 104

3