AIRPORTS COMPANY SOUTH AFRICA SOC LIMITED - Amendments To The Evaluation Of The Board And Board Committees Policy - ACSA

Amendments To The Evaluation Of The Board And Board Committees Policy - ACSA

Airports Company South Africa SOC Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/004149/30)
Issuer code: BIACSA
("ACSA") or ("the Company")

AMENDMENTS TO THE EVALUATION OF THE BOARD AND BOARD COMMITTEES
POLICY

In accordance with paragraph 7.8 of the JSE Debt Listings
Requirements, noteholders are hereby advised of the following
amendments to the Evaluation of the Board and Board Committees
Policy:


Reference             Amendment

4.1 Main Principles The following words "or any other committee appointed by the Board"
of Conduct          have been inserted in the last sentence on the third paragraph.

                      The fourth paragraph has been rephrased thus:

                      A formal process, either externally facilitated or not, in accordance
                      with the methodology approved by the board, shall be followed for
                      the evaluation of the board, its committees, its chairman and its
                      individual members and the outcomes of the evaluation will be
                      reported at the Annual General Meeting.

                      The word "goals" has been deleted in the last sentence on the
                      seventh paragraph.

                      The words "shall be" have been inserted in the last sentence on the
                      eighth paragraph.
4.2 Key Outcomes      The word "value" has been replaced with the word "norm".
of Principles

                      The words "of the Board" have been inserted.

4. Process        for The table has been updated.

Monitoring

7. Verification   This paragraph has been deleted in accordance with the Company's
                  policy template.

8.           Non- Reporting of Non-Conformance
Conformance and
Non-Compliance    This heading has been updated in accordance with the Company's
                  policy template.

11. Change Control    Change Control and Verification
                      The heading has been updated in accordance with the Company's
                      policy template.

                      The paragraph under this heading has been rephrased thus:

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                                                                                                  Confidential
               This policy shall only be changed with the authorisation of the Board
               and in accordance with Change Control and Verification Procedure
               Document - Z001 003M.
12. Records    The following paragraph has been inserted in accordance with the
               Company's policy template.
               Each Process Owner and managers as identified, are responsible for
               maintaining, storage and protection of their respective documents/
               information. Records shall be identifiable, easily retrievable and
               maintained as per the Retention schedule as regulated or required
               by the organisation, statutory or regulatory requirements. Refer to
               Record Keeping Requirements Procedure – Z001 008M.


The policy can be found on the Company's website using the
following link:

https://www.airports.co.za/business/investor-
relations/investor-information

Johannesburg
13 June 2024
Debt Sponsor
The Standard Bank of South Africa Limited




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                                                                                           Confidential

Date: 13-06-2024 03:45:00
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