VinoVista Estates — Corporate Governance

VinoVista Estates will adopt governance practices aligned with the King IV Report on Corporate Governance, appropriate for a private company of its scale:

Section 17 · Business Plan

Corporate Governance

VinoVista Estates will adopt governance practices aligned with the King IV Report on Corporate Governance, appropriate for a private company of its scale:

17.1 Board of Directors

Board composition: 5 directors — 3 executive directors (CEO, COO, CCO) and 2 independent non-executive directors
Independent Chair (non-executive) to be appointed from the investor consortium
Quarterly board meetings with formal agendas, minutes, and action tracking
Annual board effectiveness review conducted by an independent facilitator

17.2 Board Committees

Audit & Risk Committee: Chaired by independent NED. Oversight of financial reporting, internal controls, risk management, and external audit relationship.
Remuneration Committee: Chaired by independent NED. Review and approval of executive compensation, including performance-linked incentive structures.
Social & Ethics Committee: Required under the Companies Act. Oversight of BEE compliance, environmental sustainability, labour practices, and community engagement.

17.3 Reporting & Transparency

Annual audited financial statements prepared in accordance with IFRS for SMEs
Quarterly management accounts and operational KPI reports to the Board and investors
Annual integrated report covering financial, operational, social, and environmental performance
Investor portal with real-time access to key operational metrics and financial dashboards

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