Rand Water | Integrated Annual Report 2025

Consolidated Annual Financial Statements for the year ended 30 June 2025

BOARD REPORT (CONTINUED)

2024

Performance result

Achieved 112.4% (vii.a)

Achieved 100.0% (vii.b)

Achieved -1.5% variance (viii)

Achieved 134% (ix.a)

Achieved 100% (ix.b)

reporting period (x)

Total Number of identified Municipalities supported Signed contracts, MOUs etc >= 2 Achieved 3 (xiii) Achieved 3 (xiii) All statutory reports submitted on time

Submission dates met = 100% Achieved 100% (xiv) Achieved 100% (xiv) Skills and capacity building Learnerships >= 60 Achieved 102 (xvi) Achieved 89 (xvi) Bursaries employees >= 20 Achieved 41 (xvi) Achieved 40 (xvi)

2025

Performance result (vii.a)

(vii.b)

variance (viii) (ix.a)

>= 95% Not achieved 57% (ix.b)

Optimal staff retention Staff turnover <= 5% Achieved 1.61% (xv) Achieved 2.02% (xv) Graduate programmes >= 105 Achieved 182 (xvi) Achieved 154 (xvi)

Key performance indicators Target

>= 85% Achieved 105.6%

>= 85% Achieved 100.0%

Financial reports +/-15% Achieved -0.9%

>= 95% Achieved 130%

= 100% Achieved 100% (xi) Achieved 100% (xi)

>= 95% Achieved100% (xii) Achieved 100% (xii)

B-BBEE Spend as a

percentage of total expenditure

Award of work to B-BBEE compliant entities through the tender systems

Overall projects expenditure within R target Overall project completion dates within targets Percentage of total turnover >=5% Achieved 22.3% (x) Not measured in the Municipalities/other customers with bulk supply agreement Progress against implementation plan

Spend increased and

increased new entrants

awarded contracts in the financial year

Actual expenditure compared with budgeted expenditure for the quarter

Infrastructure available to meet demands

Achieve growth Growth in turnover from Positively engage stakeholder base

secondary (other activities)

Statutory and Service Level Agreements in place

New Ministerial directives

issued are implemented on time

Performance objective Strategic objective Outcome/ Impact Increase B-BBEE expenditure relative to operational projects Positively engage stakeholder base Manage costs within the approved budget Maintain financial health & sustainability

Achieve operational

integrity and use best fit technology

Positively engage

stakeholder base

Positively engage

stakeholder base

Positively engage

stakeholder base

Staff levels Achieve a high

performance culture Achieve a high

performance culture

Capital expenditure programme

Engagement in

secondary activities Bulk supply agree

ments concluded with

municipalities/

other customers

Implementation of ministerial direc tives

Support rural

development

Achieve statutory

reporting compli ance

Training and skills development

198

Rand Water | Integrated Annual Report 2025