RAND WATER ANNUAL REPORT 2023

HOW RAND WATER IS GOVERNED

Social and Ethics Committee

Treasury and Capital Investments Committee Approved the Request for an Authorised Vote for the following: » Original Equipment Manufacturer (OEM) Pumps Overhauls. » Engineering, Procurement and Construction (Turnkey) for various Infrastructure. • Projects Water’s Panfontein Sludge Disposal Site (Panfontein Package 2). Solution: Renewal of Drying Beds at Panfontein Water Treatment Resi due Disposal Site. Construction of the Embankment Stabilisation behind Engine Room 1 at Zuikerbosch. Replace Chlorine Plant No.2 at Vereeniging Pumping Station. Construction of a Sludge Line Cross Connection at Zuikerbosch Pumping Station. Replacement and Refurbishment of Operational Assets five (5). at Rand New Engineering Recommended the Provision of Banking Services in line with Section 7 of the PFMA and Section 31 of the Treasury Regulations to Rand Water for 5 years. 2023/24 Infrastructure Development Plan (IDP). Recommended the Capital Expenditure (CAPEX) Budget and Five (5) Year Business Plan (2024-2028). Recommended the Borrowing Plan/ Funding Plan 2024-2028. Approved the Proposed 2023 Treasury and Capital Investment Committee Annual Training Development Plan. Recommended the » » » » » » Integrated Physical Security System. • • • • • »

HR and Remuneration Committee

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Considered and recommended to the Board Remuneration Report for disclosure in the Annual Financial Statements and Annual Report. Reviewed the Assurance Report on the Short-Term Incentive Provision. Consider the mandate to adjust annual salaries for employees on H-N Bands. Consider and inform the Board on the approval of employees Annual salary adjustments. Reviewed the scope and terms of reference for the independent assurance of the Agreed Upon Procedures for the review Short Term Incentive payout. Recommended to the Board for approval, the Short-Term Incentive bonuses for employees and executives. Reviewed the Strategic Employee Remuneration Policies falling within the Mandate of the Human Resources and Remuneration Committee. proposed HR&REMCO 2023 Training and Development Plan. Wasteful, and Irregular Expenditure and implementation of Consequence Management Process. Considered the Monitor Fruitless,

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Recommended to the Board for approval of the Social and Ethics Committee ToRs. Approved the Social and Ethics Committee Annual Workplan. Recommended to the Board for approval of the Fraud and Investigations Policy. Recommended for the approval of the Board, Revision 10 of 2023 Delegation of Authority Framework. Recommended the draft Rand Water Stakeholder Engagement Strategy. Approved the Revised Social and Ethics Committee Annual Training Plan. Recommended Environmental, Rand Water Social and Governance (ESG) Framework.

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