Annual integrated report 2018

Non-beneficial In addition to the aforementioned holdings: • B Joffe is a trustee and potential beneficiary of a discretionary trust holding 525 107 (2017: 700 107) shares. • DE Cleasby is a potential beneficiary of a family trust holding 1 050 (2017: 750) shares. • DE Cleasby is a trustee of The Bidvest Group Limited retirement fund which holds 750 553 (2017: 679 092) shares. There has been no change in the directors’ interests between June 30 and the issue date of the annual financial statements. Directors’ remuneration The remuneration paid to executive directors during the year ended June 30 2018 can be analysed as follows: Basic remuneration R’000 Other benefits and costs R’000 Retirement/ medical benefits R’000 Cash incentives R’000 Total emoluments R’000 Director BL Berson 14 847 253 249 16 240 31 589 DE Cleasby 5 457 193 441 6 642 12 733 Total 20 304 446 690 22 882 44 322 B Joffe relinquished his role as an executive director of Bidcorp on June 30 2017. His non-executive director and other related fees for the year ended June 30 2018 have been disclosed under non-executive director fees and other services. For comparative purposes the remuneration paid to the executive directors during the year ended June 30 2017 can be analysed as follows: Basic remuneration R’000 Other benefits and costs R’000 Retirement/ medical benefits R’000 Cash incentives R’000 Total emoluments R’000 Director BL Berson 14 754 262 359 17 904 33 279 DE Cleasby 4 461 278 385 6 017 11 141 B Joffe 13 032 637 454 16 479 30 602 Total 32 247 1 177 1 198 40 400 75 022 The remuneration paid to non-executive directors during the year ended June 30 2018 is analysed as follows: 2018 Director fees R’000 Other services R’000 Total R’000 2017 R’000 Non-executive director PC Baloyi 564 – 564 572 DDB Band 705 – 705 634 B Joffe* 2 288 4 000 6 288 – S Koseff (appointed August 16 2017) 924 – 924 – DD Mokgatle (appointed October 4 2016) 445 – 445 226 NG Payne 800 – 800 771 CWL Phalatse (resigned November 11 2016) – – – 141 H Wiseman ** 1 136 489 1 625 1 625 Total 6 862 4 489 11 351 3 969 * B Joffe provided advisory consulting services for the year ended June 30 2018. ** H Wiseman provided services by chairing the quarterly Bidcorp divisional audit and risk committee meetings. 65 Bid Corporation Limited Annual integrated report 2018 This is Bidcorp ifc – 13 Leadership review 14 – 23 ESG reviews 24 – 47 Governance review 48 – 59 Financial statements 60 – ibc