RAND WATER PROVIDENT FUND ANNUAL REPORT 2022-2023

2.6.3.4 Agree the timing of the lifestage switch per 2.6.3.2 with the terms per the service level agreement / client mandate between the administrator and the Fund in 2.6.1. Note any difference in timing. 2.6.4 For all switches selected in procedure 2.6, inspect the member’s record on the administration system for fees deducted for switches, and agree the fees deducted to the fee due in terms of the service level agreement / client mandate (obtained in procedure 2.6.1). Note any differences. 2.7 Obtain the Asset Liability Match (“ALM”) reconciliation per investment portfolio / product / category as at 30 June 2023 from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) and perform the following procedures: 2.7.1 Obtain a reconciliation of the total

Not applicable

Not applicable, as there were no lifestage switches noted in the sample selected in procedure 2.6.

We obtained the ALM reconciliation per investment portfolio / product / category as at 30 June 2023 from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) and performed the following procedures: We obtained a reconciliation of the total investment balance per investment portfolio / product / category as reflected on the ALM reconciliation to the total balance per the list of investments obtained in procedure 1.1 from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant). No reconciling items were noted. R Total investments as 4 246 153 165

investment balance per investment portfolio / product / category as reflected on the ALM reconciliation to the total balance per the list of investments obtained in procedure 1.1 from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) Note any reconciling items.

per the ALM reconciliation Total investments as per the list of investments

4 246 153 165

Difference

0

Rand Water Provident Fund Annual Report | 2022-2023 69