Integrated

Annual Report

2018


NAVIGATING OUR REPORTING SUITE

NAVIGATING OUR REPORTING SUITE

Our six capitals

Our ability to create long-term sustainable value for stakeholders depends on the use of various capitals within our business. The International Integrated Reporting <IR> Framework supports integrated financial reporting, and, in particular, the reporting of the Group's business model across these six forms of capital. Refer to "Our business model" on pages 20 to 21 for more information.

Financial

Human

Manufactured

Social and relationship

Intellectual

Natural


Our key stakeholders

The Group is committed to open and constructive engagement with all our stakeholders. Our business model and strategy are designed to consider and address the issues and concerns most relevant to our key stakeholders. Refer to the "Engaging with our stakeholders" section on pages 38 to 41 for more information.

Customers

Community

Employees

Suppliers

Franchisees

Shareholders


Our business acceleration pillars

The second stage of our strategic long-term plan is organised around seven business acceleration pillars. These pillars represent the material growth opportunities that can materially affect our ability to create value over the short, medium and long term. Refer to our "Strategic focus" section on pages 44 to 51 for more information.

Better for customers

A flexible and winning estate

Efficient and effective operations

Every product, every day

A winning team

Boxer–
a national brand

Rest of Africa – a second engine of growth


Previous

Our board of directors

Pick n Pay Stores Limited has a strong, experienced and diverse Board with a good balance of skills. Each director makes a valuable contribution relevant to their
individual field of expertise, whether retail, finance, law, strategy or information technology.


CHAIRMAN

GARETH ACKERMAN (60)
BSocSci, CMS and AMP (Oxon)
Chairman

  • Appointed 1990
  • Years of service: 34
  • Chairman of the corporate governance committee and the nominations committee

EXECUTIVE DIRECTORS

RICHARD BRASHER (56)
BSc (Hons)
Chief Executive Officer

  • Appointed 2013
  • Years of service: 5

BAKAR JAKOET (62)
CA(SA)
Chief Finance Officer

  • Appointed 2011
  • Years of service: 32

RICHARD VAN RENSBURG (57)
CA(SA)
Chief Information Officer

  • Appointed 2009
  • Years of service: 9

SUZANNE ACKERMANBERMAN(55)
BA, Fellow: Aspen Business Institute; First Movers
Executive director

  • Appointed 2010
  • Years of service: 23
  • Chairman of the social and ethics committee

JONATHAN ACKERMAN (51)
BA Marketing

  • Appointed 2010
  • Years of service: 25

NON-EXECUTIVE DIRECTOR

DAVID ROBINS (64)
BBusSci

  • Appointed 2002

INDEPENDENT NON-EXECUTIVE DIRECTORS

HUGH HERMAN (77)
BA LLB, LLD (HC)

  • Appointed 1976
  • Lead independent director (LID)
  • Chairman of the remuneration committee

ALEX MATHOLE (45)
BJuris LLB

  • Appointed 2016

AUDREY MOTHUPI (47)
BA (Hons)

  • Appointed 2013
  • Other listed company directorship:
    Life Healthcare Group

LORATO PHALATSE (56)
BA (Hons), MA

  • Appointed 2010
  • Other listed company directorship: Bidvest Group

JEFF VAN ROOYEN (68)
CA(SA)

  • Appointed 2007
  • Chairman of the audit, risk and compliance committee
  • Other listed company directorships: MTN Group Limited,
    Exxaro Resources Limited

DAVID FRIEDLAND (64)
CA(SA)

  • Appointed 2013
  • Other listed company directorships: Investec Limited, Investec plc,
    The Foschini Group Limited

COMPANY SECRETARY

DEBRA MULLER (56)
BA LLB
Company Secretary

  • Appointed 2010
  • Years of service: 12

HONORARY LIFE PRESIDENTS

RAYMOND ACKERMAN
Years of service: 51

WENDY ACKERMAN
Years of service: 51


MEMBER OF THE:

   
Audit, risk and compliance committee Corporate finance committee
Remuneration committee Corporate governance committee
Nominations committee Social and ethics committee

DIRECTOR CLASSIFICATION
GENDER DIVERSITY
RACIAL DIVERSITY
DIRECTOR TENURE