Vukile Property Fund Limited · JSE:VKE
Vukile Property Fund — ESG Presentation (August 2024)
18 slides from Vukile Property Fund's sustainability presentation, August 2024
Slide 1: Environmental, Social, Governance Roadshow - August 2024
Environmental, Social, Governance Roadshow - August 2024 AGM: 1 September 2024 1
Slide 2: Agenda
ESG ROADSHOW AUGUST 2024 AGENDA 1. ESG INTRODUCTION 2. ESG THEMES 3. ESG ACHIEVEMENTS FOR FINANCIAL YEAR 2024 4. ESG SCORECARD 5. QUESTIONS AND ANSWERS 6. APPENDIX: AGM RESOLUTIONS 2
Slide 3: ESG introduction
ESG ROADSHOW AUGUST 2024 ESG introduction VUKILE’S APPROACH TO ESG IS BASED ON THREE CRITICAL SUCCESS FACTORS: Awareness, alignment and focus areas Implementation and risk management Measurement and improvement ESG PRINCIPLES ARE APPLIED AND TARGETS SET FOR THE GROUP, WITH DETAILED TAILORED STRATEGI
Slide 4: ESG themes: Environmental
ESG ROADSHOW AUGUST 2024 ESG themes The following key ESG themes remain on the ESG agenda for the Vukile group. Some of these issues are in a mature state, while others require development work over the next number of years. ENVIRONMENTAL Climate change mitigation • Carbon footprint measurement and
Slide 5: ESG themes: Social
ESG ROADSHOW AUGUST 2024 ESG themes The following key ESG themes remain on the ESG agenda for the Vukile group. Some of these issues are in a mature state, while others require development work over the next number of years. ENVIRONMENTAL SOCIAL Employee wellness and retention • Maintaining our empl
Slide 6: ESG themes: Governance
ESG ROADSHOW AUGUST 2024 ESG themes The following key ESG themes remain on the ESG agenda for the Vukile group. Some of these issues are in a mature state, while others require development work over the next number of years. ENVIRONMENTAL SOCIAL GOVERNANCE Governance structure • Maintaining strong i
Slide 7: Achievements for FY24
ESG ROADSHOW AUGUST 2024 Achievements for FY24 ENVIRONMENTAL GOVERNANCE SOCIAL • Additional Successfully 21.6 MWp appointment oflaunched solar PV the installed to Vukile toAcademy date the board Class resulting in of (generating an 2023 with overall 18% 64% seven of new blackSA portfolio’s interns e
Slide 8: Achievements for FY24
ESG ROADSHOW AUGUST 2024 Achievements for FY24 ENVIRONMENTAL GOVERNANCE SOCIAL GOVERNANCE SOCIAL • Additional Successfully 21.6 MWp appointment oflaunched solar PV the installed to Vukile toAcademy date the board Class resulting in • Additional Successful appointment graduation oftoseven interns the
Slide 9: Achievements for FY24
ESG ROADSHOW AUGUST 2024 Achievements for FY24 ENVIRONMENTAL GOVERNANCE SOCIAL GOVERNANCE SOCIAL GOVERNANCE • Additional Successfully 21.6 MWp appointment oflaunched solar PV the installed to Vukile toAcademy date the board Class resulting in • Additional Successful appointment graduation oftoseven
Slide 10: ESG scorecard 2024 (three-year targets: FY24 to FY27)
ESG ROADSHOW AUGUST 2024 ESG scorecard 2024 (three-year targets: FY24 to FY27) ENVIRONMENTAL SDG Goal Measurement / action GHG emissions reduction Reduction of scope 1 and 2 CO2e emissions per square metre (tonnes of CO2e) Target: 10% reduction per annum over the measurement period FY24 – FY27 Energ
Slide 11: ESG scorecard 2024 (three-year targets: FY24 to FY27)
ESG ROADSHOW AUGUST 2024 ESG scorecard 2024 (three-year targets: FY24 to FY27) SOCIAL SDG Goal Measurement / action Impacting the social landscape Provision of mentorship and tertiary education funding to previously in South Africa by providing disadvantaged South African students in property-relate
Slide 12: ESG scorecard 2024 (three-year targets: FY24 to FY27)
ESG ROADSHOW AUGUST 2024 ESG scorecard 2024 (three-year targets: FY24 to FY27) GOVERNANCE SDG Goal Measurement / action Building an ethical organisation Ensuring that Vukile displays high levels of ethical behaviour when dealing with stakeholders Target: Achieving an overall ethical fitness score of
Slide 13: Governance focus area
ESG ROADSHOW AUGUST 2024 Governance focus area Board refresh and succession planning Continued focus on the board succession plan with the appointment of Jon Zehner, James Formby and Neo Dongwana since the last AGM. Hatla Ntene will retire from the board after 11 years at the upcoming AGM . Th
Slide 14: Questions and answers
4vukile Centres of Growth BUILDING COMMUNITIES, GROWING VALUE.
Slide 15: Appendix: AGM resolutions
" *vukile Growth Centres of ¢ BUILDING COMMUNITIES, GROWING VALUE. AGM resolutions
Slide 16: AGM resolutions
ESG ROADSHOW AUGUST 2024 AGM resolutions NON-EXECUTIVE DIRECTORS FEES Overall increase of 6.0% EQUITY FUNDING RESOLUTIONS Standard equity funding resolutions - 100% consistent with prior years: Limited to 10% in aggregate of issued capital regardless of issuing mechanism Includes both vendor placeme
Slide 17: AGM resolutions (continued)
ESG ROADSHOW AUGUST 2024 AGM resolutions (continued) REPURCHASE OF SHARES Standard repurchase of shares resolution - 100% consistent with prior years: Limited to 10% in aggregate of issued capital Maximum premium of 5% to 5-day VWAP RE-ELECTION OF DIRECTORS Non-executive directors comprises of 60% b
Slide 18: AGM resolutions (continued)
ESG ROADSHOW AUGUST 2024 AGM resolutions (continued) FINANCIAL ASSISTANCE TO RELATED AND INTER-RELATED COMPANIES Standard companies act resolution for financial assistance to subsidiaries Required to be renewed every two years – 75% shareholder support FINANCIAL ASSISTANCE FOR THE SUBSCRIPTION OF SE
Vukile Property Fund — ESG Presentation (August 2024) on 6ix