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SCORECARD
Scorecard
FS100 - Ownership
2.1. Voting Rights of Black People 2.2. Voting Rights of Black Women 2.3. Economic Interest of Black People 2.4. Economic Interest of Black Women 2.5. Economic Interest of Black Designated Groups, Black Participants in Employee Share Ownership Schemes, Black Participants in Broad Based Ownership Schemes and / or Black Participants in Co-ops Ownership Fulfilment 2.6. Net Equity Value (Formula A and B as per para.4 of Annexe 100 (C) 2.7. Direct or Indirect Ownership in Excess of 15% Total Bonus Points 2.8. Ownership by Black New Entrants 2.9. Ownership by ESOPs and Co-ops Total bonus points Total including bonus points
Targets
25% + 1 Vote 10% + 1 Vote 25% + 1 Share 10% + 1 Share 2.50%
Local Banks
Points
3 1 3 1 1
International Banks
Points
3 1 3 1 1
3 10% 2 14
3 2 14
3 2 14
3 2 14
3 2 14
10% 10%
2 1 3 17
2 1 3 17
2 1 3 17
2 1 3 17
2 1 3 17
Target
50% 25% 50% 25% 40% 20% 40% 20%
Points
0.5 0.5 1 1 1.5 1.5 1 1 8
Points
0.5 0.5 1 1 1.5 1.5 1 1 8
Points
0.5 0.5 1 1 1.5 1.5 1 1 8
Points
0.5 0.5 1 1 1.5 1.5 1 1 8
Points
0.5 0.5 1 1 1.5 1.5 1 1 8
40%
1 1 9
1 1 9
1 1 9
1 1 9
1 1 9
Page | 2
Scorecard
FS300 - Employment Equity
2.1 Black disabled employees as a percentage of all employees 2.2 Black Women disabled employees as a percentage of all employees 2.3 Black Senior Management as a percentage of all Senior Management 2.4 Black Women senior management as a percentage of all senior management 2.5 Black Middle Management as a percentage of all Middle Management 2.6 Black Women Middle Management as a percentage of all Middle Management 2.7 Black junior management as a percentage of all Junior Management 2.8 Black Women junior management as a percentage of all Junior Management Total 2.9 Bonus points for meeting or Exceeding EAP* target for Senior Management 2.10 Bonus points for meeting or Exceeding EAP* target for Middle Management 2.11 Bonus points for meeting or Exceeding EAP* target for Junior Management Total bonus points Total including bonus points
Targets
3.00% 1.50% 60.00% 30.00% 75.00% 37.50% 80.00% 40.00% 87.50% 87.50% 87.50%
Local Banks
Points
0.5 0.5 3 2 3 2 2 2 15 1 1 1 3 18
International Banks
Points
0.5 0.5 3 2 3 2 2 2 15 1 1 1 3 18
Target
3.00% 1.50% 0.30% 0.15% Target 5.00% 2.50%
Points
3 1.5 0.5 0.5 Points 3 1.5
Points
3 1.5 0.5 0.5 Points 3 1.5
Points
3 1.5 0.5 0.5 Points 3 1.5
Points
3 1.5 0.5 0.5 Points 3 1.5
Points
3 1.5 0.5 0.5 Points 3 1.5
Total Points
10
10
10
10
10
Page | 3
Scorecard
FS500 - Preferential Procurement
B-BBEE Procurement Spend from all Suppliers based on their B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend B-BBEE Procurement Spend from all Suppliers that are QSEs or EMEs based on their B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend Procurement Spend on any of the following Suppliers as a percentage of Total Measured Procurement Spend: Suppliers that are 50% Black owned Suppliers that are 30% Black Women owned
Targets
70% 15%
Local Banks
Points 8 3
International Banks
Points 8 3
12% 8%
2.5 2.5
2.5 2.5
2.5 2.5
2.5 2.5
2.5 2.5
Total Points
16
16
16
16
16
FS600 - Enterprise Development for measured entities that are exempted from contributing towards Empowerment Financing
Qualifying ED contributions made by the measured entity as a percentage of the target
Target
3% of Cumulative NPAT
Points
Points
Points
Points
15
Points
15
Total Points
15
15
FS600 - Enterprise Development for measured entities that are not exempted from contributing towards Empowerment Financing
Qualifying ED contributions made by the measured entity as a percentage of the target
Target
0.2% of NPAT
Points
5
Points
5
Points
5
Total Points
Industry Target
R48bn R32bn
Points
12 3
Points
12 3
Points
Points
Points
Total Points
R80bn
15
15
Industry Target
R27b R15b R42bn
Points
Points
Points
12 3 15
Points
Points
Target
Points
3
Points
3
Points
3
Points
3
Points
3
Cumulative value of all Socio-Economic Development Contributions made by a financial institution as a percentage of the cumulative 2012 = 0.75% of NPAT; 2013 net profit after tax * = 0.7% of NPAT; 2014 = 0.6% of NPAT Total Points
* The Socio-Economic Development target for entities that are exempt from Access to Financial Services Consumer Education is 0,7% of NPAT. This target will be unchanged for the duration of the Codes
Page | 4
Scorecard
FS801 - Access to Financial Services for the Banking industry
Geographic Access (Reach) Transaction point - 50% or more of households fall within LSM 1-5 Service point - 50% or more of households fall within LSM 1-5 Sales point - 50% or more of households fall within LSM 1-5 Electronic Access - Individuals earning less than R5,000 per month increasing by CPIX p.a Banking Densification - Individuals in the LSM 1-5 group nationally Product related access - Individuals in the LSM 1-5 group nationally Affordable Housing Origination - Qualifying measures as per metrics agreed Consumer Education - Qualifying individuals in the LSM 1-8 group
Targets
Local Banks
Points
5
International Banks
Points
85% 70% 60% TBC 1, 500 TBC TBC 2012=0,25% 2013=0,3% 2014=0.4%
1 1 2 1 2 3 2 2
Total Points
14
Target
1 5 739 023 80% 2012=0,25% 2013=0,3% 2014=0.4%
Points
Points
Points
3 7 2 2
Points
Points
Total Points
14
Industry Targets
8 6% 6% 3% 15% 10% 6% 6% 2012: 0.25%; 2013: 0.30%; 2014: 0.40%
Points
Points
Points
Points
2
Points
10
Total Points Total achievable points excluding bonus points Total achievable points including bonus points 100 107 86 93 100 107
14 95 102 83 90
Page | 5