Principles of Corporate Governance

We actively manage our compliance risks through the implementation and continuous improvement of regulatory compliance systems and we expect the same from those with whom we do business. All employees receive annual face-to-face compliance training and we assign bi-annual compliance certification training to all members of the Board, senior management, sales and marketing employees. We also require our distributors, sales agents and higher-risk vendors and suppliers to attend healthcare compliance training.

The SA Biomedical Ethics Playbook is issued to all new employees and is accessible on our company intranet. It sets out the basic requirements and principles for carrying out business and applies to employees as well as those who act on the Group’s behalf. It clearly illustrates our expectations in terms of ethical interactions with healthcare professionals and government officials.

Through our company intranet we provide access to a whistle blowing facility which enables any employee to report non-compliant or unethical behaviour anonymously through an independent service provider. All reports are investigated and appropriate action taken; this includes reports to senior management or the Board where warranted. We are committed to a policy of no retaliation against anyone who makes a report in good faith.