CORPORATE GOVERNANCE REPORT Group Technology Steering Committee (GTSC) The GTSC is comprised of: i. at least one non-executive member of the GRC, being the IT specialist GRC member, who is appointed as the Chairman of the GTSC; ii. an additional technology specialist who is an independent non-executive member of the PPS Insurance Board may be appointed as a member of the Committee; iii. one or more independent technology specialists (who are not members of the PPS Insurance Board or GRC) may be co-opted by the GRC to serve on the Committee; iv. the Deputy Group Chief Executive Officer; v. the Group Chief Information Officer. The GTSC is scheduled to meet at least four times a year. There is overlap in the non-executive membership of the GRC and the GTSC. The GTSC meetings held during the year and the attendance thereat were as follows: Group Technology Steering Committee 8 Feb 2023 3 May 2023 17 Aug 2023 21 Oct 2023 20 Nov 2023 Mr L M de Villiers (Chairman) P P P P P Mr N J Battersby P P P P P Mr E J S Franklin P P P P P Mr J P Loubser P P P P P Mr A Nel P P P P P Dr J A van der Merwe (Appointment terminated 8 June 2023) P P N/A N/A N/A Members • Mr L M de Villiers (Chairman) National Diploma in Electronic Data Processing, GITI – Information Technology & Telecommunications (INSEAD), DIS – Information Technology (Harvard) • Dr J A van der Merwe MB ChB, MBL, DBL, PED. (IMD) (Appointment terminated 8 June 2023) • Mr E J S Franklin (former Chairman) B Sc Physics and Applied Mathematics, B Sc Elec Eng, M Sc Elec Eng (Manchester), MBA • Mr A Nel B Com (Computer Science, Management Accountancy) • Mr N J Battersby (Deputy Group Chief Executive Officer) B Sc Mech Eng, B Com (Hons), CFP, MBA, AMP (Harvard) • Mr J P Loubser (Group Chief Information Officer) N Dip Electrical Engineering, B Tech Electrical Engineering The role of the GTSC is to assist and enable the GRC to discharge its responsibilities in relation to the management of Information Technology (IT) delivery and risks. The Committee has an independent oversight role, with delegated responsibility for interrogating and monitoring IT Risks, associated ratings and responses in a manner that promotes engagement between IT and business and to report thereon to the GRC. The Committee must perform all the functions necessary to fulfil this role and is responsible for governing technology and information in a way that supports the organisation setting and achieving its strategic objectives, as set out in the recommended practices under Principle 12 (Technology and information governance) of the King IVTM Report on Corporate Governance for South Africa, 2016. The Committee is responsible for reviewing the IT Governance Policy (and the underlying IT Policies to which it refers) and for recommending it to the Group Risk Committee for approval. The specific responsibilities as assigned to the Committee by the GRC are set out in its Terms of Reference. 76 Corporate governance report
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