Independent limited assurance report to the directors of PPC Ltd

We have performed our limited assurance engagement in respect of the selected non-financial key performance indicator (KPI) disclosures to be published in the PPC Ltd (PPC) integrated report for the year ended 31 March 2018.

Subject matter

The subject matter comprises the non-financial KPIs prepared in accordance with the Global Reporting Initiative G4 (GRI G4) Guidelines supported by management's internal basis of preparation (the criteria) as prepared by the responsible party during the year ended 31 March 2018. The subject matter comprises the following:

Sustainability indicator description   Boundary
Social disclosures    
Total workforce by employee type, employment contract, region and gender  
  • South Africa*
  • Botswana
  • Zimbabwe
Total number and rates of new employee hires and employee turnover by age group, gender and region  
  • South Africa*
  • Botswana
  • Zimbabwe
Percentage of employees covered by collective bargaining agreements  
  • South Africa*
  • Botswana
  • Zimbabwe
Type of injury and rates of injury, occupational diseases, lost days, absenteeism, and total number of work-related fatalities, by region and gender  
  • South Africa*
  • Botswana
  • Zimbabwe
Average hours of training per year per employee by gender and employee category  
  • South Africa*
Composition of governance bodies and breakdown of employees per employee category according to gender, age, minority group membership and other indicators of diversity  
  • Group
Percentage of operations with implemented local community engagement, impact assessments and development programmes  
  • South Africa
Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations  
  • South Africa
  • Botswana
  • Zimbabwe
Environmental disclosures  
Direct energy consumption by primary energy source  
  • South Africa
  • Botswana
Direct greenhouse gas (ghg) emissions (scope 1)  
  • South Africa
  • Safika
Indirect ghg emissions (scope 2)  
  • South Africa
  • Safika
NOx, SOx, and other significant air emissions  
  • South Africa*
Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations  
  • South Africa
  • Botswana
  • Zimbabwe
Economic disclosures  
Direct economic value generated and distributed  
  • Group

* South Africa boundary excluding the Safika, Pronto and 3Q sites.

Directors' responsibility

The directors being the responsible party, and where appropriate, those charged with governance are responsible for the subject matter information, in accordance with the GRI and management's own internal basis of preparation.

The responsible party is responsible for:

Assurance practitioner's responsibility

We conducted our assurance engagement in accordance with the International Standard on Assurance Engagements (ISAE) 3000 (Revised), Assurance Engagements other than Audits or Reviews of Historical Financial Information. This standard requires us to comply with ethical requirements and to plan and perform our limited assurance engagement with the aim of obtaining limited assurance regarding the subject matter of the engagement.

We shall not be responsible for reporting on any non-financial performance indicator transactions beyond the period covered by our limited assurance engagement.

Quality control

The firm applies International Standard on Quality Control 1 and, accordingly, maintains a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements.

Independence and other ethical requirements

We have complied with the independence and other ethical requirements of Parts A and B of the Code of Ethics for Professional Accountants issued by the International Ethics Standards Board for Accountants, which is founded on the fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour.

Summary of work performed

We have performed our procedures on the subject matter, the non-financial KPIs of PPC, as prepared by management in accordance with the GRI G4 as supported by management's basis of preparation for the year ended 31 March 2018.

Our evaluation included performing such procedures as we considered necessary which included:

Our assurance engagement does not constitute an audit or review of any of the underlying information in accordance with International Standards on Auditing or International Standards on Review Engagements and, accordingly, we do not express an audit opinion or review conclusion.

We believe that the evidence obtained is sufficient and appropriate to provide a basis for our limited assurance conclusion.

In a limited assurance engagement, the procedures performed vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had we performed a reasonable assurance engagement. Accordingly, we do not express a reasonable assurance opinion about whether the non-financial performance indicators have been presented, in all material respects, in accordance with GRI G4 guidelines, supported by management's internal basis of preparation.

Conclusion

Based on our work described in this report, nothing has come to our attention that causes us to believe that the selected non-financial KPIs as set out in the subject matter paragraph (of our report) for the year ended 31 March 2018, are not prepared, in all material respects, in accordance with the GRI G4 supported by management's internally developed basis of preparation.

Restriction on use and distribution

Our report is made solely to the directors of PPC in accordance with our engagement letter dated 1 March 2018 for the purpose of providing limited assurance over the subject matter disclosed in the PPC integrated report for the year ended 31 March 2018.

Claire Hoy

Director

Deloitte & Touche

Risk advisory

18 July 2018

Cape Town