ECIC AR 2024 9TH

E

D

H

S

I

L I

N

B

2

0

A

0

T

S

1

E

Integrated Report 2024

E X P O R T C R E

L T D

O C

A S

C

R I

D I

F

T

A

I

N

H

S

T

U

U

R

O

A

S

N

F

C

O

E

N

C

O

O

I

R

T

P

A

O

R

Table 10: Board members, committees, and meeting attendance from 1 April 2023 to 31 March 2024

Board and Board Committee Meetings and Attendance

Board Members (Directors)

HRREMCO (5)

Board (10)

Audit (9)

Risk (5)

FIIC (5)

SEC (4)

Non-Executive Directors D Dharmalingam

10 (C)

-

5

-

3

4

V Matsiliza

7

9

5

5 (C)

-

S O’Mahony

10

8

4 (C)

-

5

-

S Mayekiso

9

9

6 (C)

5

-

L Mothae

8

9 (C)

-

-

4

4

D Subbiah

9

-

5

5

-

4 (C)

Shareholder representative: L Mataboge (Alternate: W van der Spuy)

7

3

E Makhubela#

9

3

3

Executive director M Nkuhlu**

3

2

2

Notes to the table (C) = Chairperson of Board Committee *Shareholder representative ( the dtic ) #Shareholder representative (National Treasury) **Late CEO Director Induction, Orientation, and Ongoing Education A comprehensive director orientation and induction programme is implemented on an ongoing basis to inform new directors about their duties and responsibilities. Existing Board members are encouraged to, and do, participate in the induction programme. The orientation programme is structured to improve directors’ understanding of the ECIC’s legislative framework, governance processes, delegation of authority and business operations. A three-year Board training plan is in place and Board members attend regular internal and external briefing sessions and training to broaden their understanding of the ECIC’s operations and keep abreast of new legislation and regulations, as well as local and international industry developments, technology issues, risk management and corporate governance best practices. Director mentoring or coaching is available, as and when required.

Independent Advice The Board members can obtain independent professional advice at the Corporation’s expense according to an agreed procedure. No individual director exercised this right during the period under review. Board and Director Evaluations An annual evaluation process assesses the effectiveness of the Board and Board committees and can identify any areas of improvement and/or the relative skills mix and other considerations for effectiveness. The Board submits its evaluation and progress report annually to the dtic . The overall performances of the Chairperson, Board, and Board committees were viewed as satisfactory.

YOUR EXPORT RISK PARTNER

62