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Group overview

Engaging with our stakeholders

The Pick n Pay mission statement and values form the foundation of the Group’s approach to, and engagement with, its stakeholders. This is further underpinned by our Board’s commitment to King III, which subscribes to a stakeholder-inclusive approach to corporate governance. Stakeholder engagement provides a platform for Pick n Pay to take into account the concerns and objectives of the Group’s stakeholders in our decision-making and strategy development towards a sustainable future for the business.

Our key stakeholders have been identified through ongoing engagement with various individuals, groups and organisations and are defined as those parties that have a direct stake in our business because they can affect or be affected by our activities, objectives and policies.

We are committed to communicating accurate and relevant information to all our stakeholders and welcome open dialogue with all parties with whom we do business. We are continuously expanding our stakeholder interactions to improve and encourage the diversity of engagement.

Pick n Pay engages most actively with the stakeholders below, but also acknowledges a range of other stakeholders and interested parties, which include for example the media, government and unions. We engage with these parties when any material issue arises that affects the sustainability of the business and needs to be communicated or addressed on a wider basis.

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