49 INTEGRATED ANNUAL REPORT 2022 Legal and corporate governance 5 Group of companies framework, ethics policy and high level oversight committees. Stockpiling and cash flow issues 6 Strategic use of existing mill capacities and inter mill flexibilities and explore further capacity/timber flow improvement opportunities. Resource and R&D capacity loss 7 Maintain funding and presence on ICFR and other tree breeding forums, diligent supply planning, monitoring and chain of custody Human capital 7 Diligent skills, equity, structure and succession planning and adoption of correct and proper HR protocol. Supply reliability and product rejection 7 Awareness programmes and constant quality communication to members. FSC reduction/loss 8 On-gong assessment of those members eligible for FSC and PEFC certification. Information systems 8 On-going adoption of appropriate measures to protect against outside breach, off-site data storage and diligent systems monitoring. Market factors (local and global) 9 Maintain current markets, explore diversification opportunities, judicious financial reserve management and focus on controlling costs per tonne. Exchange rate 9 Prudent and judicious financial and exchange rate management. The protracted COVID-19 pandemic. Adoption of progressive COVID related protocols and regular staff awareness programmes. State entities/ operations/influence 11 High level continuous involvement in and influence on key and critical State forums (rail / ports etc.). Key identified risk in order of Impact Current mitigating action/s increasing potential impact rating
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