Strengthening Executive Remuneration Alignment

Back to ESG Page
|
Life Healthcare Group Healthcare
|
19 Jun 2026

Over a number of years, we engaged extensively with the company and its Remuneration Committee to discuss the design of the remuneration policy, the alignment of performance measures with long-term shareholder value, and opportunities to strengthen governance and transparency.

Engagement Rationale

Executive remuneration should be aligned with long-term shareholder interests and incentivise sustainable value creation. We had concerns that certain aspects of the company’s remuneration policy did not sufficiently reflect these principles.

Our engagement

Over a number of years, we engaged extensively with the company and its Remuneration Committee to discuss the design of the remuneration policy, the alignment of performance measures with long-term shareholder value, and opportunities to strengthen governance and transparency. Throughout this process, we provided constructive feedback and practical recommendations to better align executive incentives with shareholder expectations.

Outcomes

The company demonstrated a willingness to listen and respond to shareholder concerns by incorporating several of our recommendations into successive revisions of its remuneration policy. These changes have strengthened the alignment between executive pay and long-term performance and have been positively received by shareholders, with support for the remuneration policy increasing over time.

Next Steps

We will continue engaging with the company to ensure the remuneration framework remains aligned with evolving governance best practices, supports long-term sustainable performance, and continues to reflect shareholder interests.

Disclaimer

All Weather Capital (Pty) Ltd is an authorised Category II and IIA financial services provider in terms of the Financial Advisory and Intermediary Services Act No. 37 of 2002 (“FAIS Act”) with FSP number 36722. The information contained herein, should not be construed as advice as defined in the FAIS Act, neither does it constitute a solicitation, invitation or investment recommendation.

Investors should take cognisance of the fact that there are risks involved when buying, selling or investing in any financial product. The value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions.

Past returns may not be indicative of future returns and an investor should seek independent professional financial, legal and tax advice relevant to their individual circumstances before making any investment decision.

The validity and accuracy of any illustrations, forecasts or hypothetical data are not guaranteed and are only provided for illustrative purposes. Investors should also take cognisance of the fact that Hedge Funds are collective investment schemes to which the prescribed provisions of the Collective Investment Schemes Control Act (No. 45 of 2002) apply.