Preamble
nMB believes good corporate governance entails a careful balance between the short-term and long-term interests of the company. nMB?s aim is to have a governance structure that is transparent and does justice to the interests of all its stakeholders: shareholders, brokers, employees and society as a whole. nMB?s Corporate Governance Statement is reflected within the following Principles:

Principle 1 - Lay solid foundations for management and oversight
Establish and disclose the respective roles and responsibilities of board and management.

Principle 2 - Structure the board to add value
Have a board of an effective composition, size and commitment to adequately discharge its responsibilities and duties.

Principle 3 - Promote ethical and responsible decision making
Actively promote ethical and responsible decision making.

Principle 4 - Safeguard integrity in financial reporting
Have a structure to independently verify and safeguard the integrity of financial reporting.

Principle 5 - Make timely and balanced disclosure
Promote timely and balanced disclosure of all material matters concerning the company.

Principle 6 - Respect the rights of stakeholders
Respect the rights of stakeholders and facilitate the effective exercise of those rights.

Principle 7 - Recognise and manage risk
Establish a sound system of risk oversight and management and internal control.

Principle 8 - Remunerate fairly and responsibly
Ensure that the level and composition of remuneration is sufficient and reasonable and that its relationship to performance is clear.

Principle 9 - Recognise the relationship with suppliers
Recognise the role of suppliers and ensure an open relationship with them.