Senwes Integrated Reports Senwes 2013/2014 Integrated Report | Page 5

Reporting principles Board approval The information provided in this report complies with International Financial Reporting Standards, the South African Companies Act No. 71 of 2008 (as amended), King III Governance Principles, the Department of Trade and Industry’s Codes for Broad-Based Black Economic Empowerment and the Global Reporting Initiative’s G3-guidelines for sustainable reporting, where applicable. This integrated report is the responsibility of the Board and accordingly the Board accepts accountability for the integrity of the information contained herein. The Board has given due consideration to this report and is of the opinion that all material aspects have been addressed in a reasonable manner. The accounting policy adopted by the Group during the year is consistent with the policy followed in preparing the Group’s annual financial statements of the preceding financial year. All information in this report has not been subjected to an independent audit or review and has been compiled based on internal records and information in the public domain, under supervision of CF Kruger, CA(SA), Financial Director. Ernst & Young Inc. conducted an independent audit of the Group’s annual financial statements. Danie Minnaar Chairman Francois Strydom Managing Director Corné Kruger Financial Director Klerksdorp 27 June 2014 3