Telkom Integrated Report 2017

107

Dear shareholder,

This remuneration report is intended to provide

an overview and understanding of the company’s

remuneration principles and policies, with a specific

emphasis on non-executive directors, executive

directors, the executive committee and prescribed

officers in the company.

The remuneration committee remains mindful of

the remuneration trends in the global environment,

carefully considers all practices against the business,

and sets remuneration levels within the context of

overall company performance. The remuneration

committee is aware of its responsibility to protect and

promote shareholders’ interests in setting executive

remuneration and is accountable for the structure and

quantum of remuneration.

Susan (Santie) Botha

Chairman of the remuneration committee

The company

has adopted

the governance

and disclosure

requirements

stipulated in the

King Code of

Governance Principles

for South Africa,

2009 (King III) and

incorporated the

required information

in this report.

Remuneration

report