Corporate Governance

As a responsible corporate citizen and listed entity, Novus Holdings strives for excellence and transparency in all its operations and partnerships, with purpose and discipline guiding the Group’s performance.

We operate from a strong ethical base and have developed solid relationships with our key stakeholders. Our governance structures are aligned with the JSE Listings Requirements, King III and Companies Act, 71 of 2008.

The Novus Holdings Board of Directors is governed by guidelines in corporate governance that are in line with the highest global ethical standards.

King III Principles.

In accordance with the JSE Listings Requirements, the Group applies and adheres to all the principles and recommendations outlined in King III. Novus Holdings is committed to the full implementation of King IV in 2018.

Read the Novus Holdings Principles of Good Governance.

Remuneration.

Novus Holdings aims to reward its employees in a manner which is fair, responsible and transparent.

The purpose the Novus Holdings remuneration policy is to set out guiding principles, through an organisation-wide approach, relating to the company’s remuneration framework and its consistent implementation that is aligned to the strategic direction of the Company. Furthermore, the policy aims to ensure short-term success and long-term sustainability, while maintaining and reinforcing entrepreneurship and team spirit – key points of our corporate culture.

Read the Novus Holdings Remuneration Policy.

Remuneration.

Novus Holdings aims to reward its employees in a manner which is fair, responsible and transparent.

The purpose the Novus Holdings remuneration policy is to set out guiding principles, through an organisation-wide approach, relating to the company’s remuneration framework and its consistent implementation that is aligned to the strategic direction of the Company. Furthermore, the policy aims to ensure short-term success and long-term sustainability, while maintaining and reinforcing entrepreneurship and team spirit – key points of our corporate culture.