Telkom SA SOC Limited has taken significant strides in ensuring transparency and accountability by distributing its Integrated Report for the financial year ended 31 March 2023. The company has also shared details regarding its 31st Annual General Meeting (AGM), which is set to take place in a hybrid format, allowing both in-person and electronic participation.
Distribution of Integrated Report and Remuneration Report
Telkom’s Integrated Report, encompassing the condensed consolidated annual financial statements and the Remuneration Report, has been dispatched to shareholders on Monday, 24 July 2023. The Integrated Report provides a comprehensive overview of the company’s financial performance, strategic initiatives, and governance practices during the past fiscal year. Shareholders can access the report on the company’s official website, where it has been made available for easy download and reference.
The Remuneration Report, which details executive compensation and incentive plans, is also accessible on Telkom’s website. This level of transparency in reporting ensures that shareholders are well-informed about the company’s financial health and the processes related to executive remuneration.
31st Hybrid Annual General Meeting
Telkom has scheduled its 31st Annual General Meeting to be held on Thursday, 24 August 2023, at 10:00. The AGM will take place in a hybrid format, allowing shareholders the flexibility to participate either in person at the BCX Multi-Function Room, 1021 Lenchen Avenue North, Centurion, or virtually through electronic communication.
Shareholders who prefer to participate electronically can do so by accessing the provided link on the company’s website. This hybrid approach to the AGM reflects Telkom’s commitment to embracing digital solutions and providing shareholders with convenient means of engagement.
Salient Dates for the AGM
The company has released a schedule of important dates in connection with the AGM to ensure all shareholders have adequate time to prepare and participate effectively. Key dates are as follows:
| Event | Date |
|---|---|
| Record date for receipt of notice of AGM | Friday, 14 July 2023 |
| Notice of AGM distributed to shareholders | Monday, 24 July 2023 |
| Last day to trade to participate in and vote at the AGM | Tuesday, 15 August 2023 |
| Record date to be recorded in the shareholders’ register to participate in and vote at the AGM | Friday, 18 August 2023 |
| Last day to lodge forms of proxy by 10:00 | Tuesday, 22 August 2023 |
| AGM held | 10:00 on Thursday, 24 August 2023 |
| Results of AGM released on SENS | On or about Thursday, 24 August 2023 |
Publication of B-BBEE Annual Compliance Report
In adherence to section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act, No. 46 of 2013, Telkom has published its B-BBEE Annual Compliance Report. This report reflects the company’s commitment to promoting diversity and inclusivity in its operations and partnerships. The compliance reports of both Telkom and its wholly-owned subsidiary, Business Connexion (Pty) Limited, can be accessed on the company’s website.
Continuing Commitment to Transparency and Governance
Telkom’s proactive approach to the distribution of the Integrated Report and the upcoming AGM in a hybrid format underscores the company’s dedication to transparency, accountability, and shareholder engagement. By providing comprehensive and accessible information, Telkom empowers its stakeholders to make well-informed decisions and actively participate in the company’s journey.
