Policies

Policies

Risk, Compliance & Information Technology Governance Committee Terms of Reference

This document is intended to be used as a reference for Scancom PLC’s (MTN Ghana) Risk, Compliance, Information Technology Governance Committee and have been drafted in accordance with the Securities and Exchange Commission’s Corporate Governance Code.

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Audit Committee Terms of Reference

This document is intended to be used as a reference for Scancom PLC’s (MTN Ghana) Audit Committee and have been drafted in accordance with the Securities and Exchange Commission’s Corporate Governance Code.

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Human Resources, Remuneration and Nominating Committee Terms of Reference

This document intended to be used as a reference document for Scancom PLC’s (MTN Ghana) Human Resources, Remuneration and Nominating Committee (HRRN) and have been drafted in accordance with the Securities and Exchange Commission’s Corporate Governance Code.

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Internal Audit and Forensic Services Charter

This Scancom PLC (MTN Ghana) Internal Audit and Forensic Services Charter (IAFS) is a governance policy as defined in the MTN Ghana Master Policy. It defines the purpose, authority, responsibility and position of internal audit and forensic services within the Company and same have been documented in compliance with SEC Code.

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Board Appointment and Succession Planning Policy

This Scancom PLC (MTN Ghana) Board Appointment and Succession Planning Policy is a governance policy. It applies to the general governance and activities of the Board with specific emphasis on the appointment and succession planning of the Board.

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Board Charter

This Board Charter constitutes and form an integral part of the terms and conditions of the appointment of each Director to the Board. The Board is the focal point for, and custodian of, corporate governance, by managing its relationship with management and the shareholders. The Board is thus ultimately accountable and responsible for the performance and affairs of the Company.

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Board Gender Policy

The purpose of this policy is to ensure adequate representation of all gender on the Board of MTN Ghana, as well as equal contribution and participation of all persons. This is to maximize operational effectiveness, while maintaining that qualification and merit remain the key criteria for representation on the Board.

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Code of Ethics

This Code of Ethics is a governance policy and has been approved by the Board of Directors. It applies equally to all Directors and Employees and is designed to communicate the Company’s policies in various areas. Compliance with the Code by all Directors and Employees is mandatory.

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Conflict of Interest Policy

This Scancom PLC (MTN Ghana) Conflict of Interest Policy is a governance policy and has been approved by the Board of Directors. It provides for the procedures to be observed by Applicable Persons including Directors in making disclosures concerning Declarable Interests, and for related matters. The purpose of the Policy is to ensure statutory and regulatory compliance as well as compliance with best practice requirements. It is also to ensure that the actions of all Applicable Persons are transparent.

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Engaging External Professional Experts

This Scancom PLC (MTN Ghana) Policy on Engaging External Professional Experts has been adopted by the Board in compliance with the Securities and Exchange Commission’s Corporate Governance Code. The purpose of this Policy is to define a formal procedure by which directors of MTN Ghana may seek independent professional advice to enable the directors to fulfil their responsibilities to MTN Ghana.

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Non-Executive Directors Fee Policy

The objective of this Policy is to define a fair and transparent procedure for thepayment of fees to non-executive directors of MTN Ghana. It applies to all mattersrelating to the determination and payment of fees to non-executive directors andshall guide the Committee, the Board and shareholders of MTN Ghana in therecommendation, adoption and approval of non-executive director fees.

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Stakeholder Management Policy

This Policy seeks to bring about greater inclusion of stakeholder needs, interests and expectations in corporate decision making, and is designed to monitor and build MTN Ghana’s relationship with stakeholders and endeavour to increase shareholder value by maintaining good relations with stakeholders.

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Whistleblowing Policy

This policy enables MTN Ghana to provide a conducive environment for confidential and anonymous reporting of instances of fraud, misconduct, illegal activities or other irregularities. MTN Ghana is committed to ensuring that no retaliation of any kind is brought against anyone who makes a report in good faith and without malicious intent about possible misconduct or legal violations.

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Insider Trading Policy

The purpose of this policy is to ensure that Insiders are compliant with all applicable laws and regulations governing insider trading.

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