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Corporate governance

The Steinhoff group and its directors are committed to ensuring that good corporate governance is a way of life. This commitment and the adoption of, and adherence to, sound corporate governance policies, has become imperative for all our group operations. Our focus is not only on what we do, but on how we do it and on creating value for all our stakeholders in an ethical and sustainable manner.

The group’s corporate governance structures, systems and policies are constantly reviewed and, where required, adapted or augmented to recognise internal and external developments - to remain at the forefront of best practice.

The group endorses the principles of openness, integrity, sustainability, transparency, fairness, responsibility and accountability advocated by the King Report on Corporate Governance. Steinhoff complies in all material respects with this code.