Glossary

AGM		Annual General Meeting
Analysys Mason		A global consultancy and research firm which constituted Datatec's Management Consulting division, specialising in telecommunication, media and technology and offers strategic, trusted advisory, modelling and market intelligence services, which was disposed of during FY23
ARCC		The Datatec Group Audit, Risk and Compliance Committee
Backlog		Open unfulfilled sales orders
BBBEE		Broad-Based Black Economic Empowerment
CDP		Formerly the Carbon Disclosure Project, an environmental disclosure system
CEO		Chief Executive Officer
CFO		Chief Financial Officer
CPI		Consumer Price Index
CSI		Corporate social investment, contributions (monetary, employee time and resources), external to normal business activities for the purpose of benefiting and uplifting communities
CSR		Corporate social responsibility
EMEA		Europe, Middle East and Africa
ERG		Employee resource group
ESG		Environmental, social and corporate governance
GRI		Global Reporting Initiative, an international independent standards organisation providing the world's most widely used standards for sustainability reporting
ICT		Information and communication technology
IIRC		International Integrated Reporting Council
IRC		South African Integrated Reporting Committee
ISIN		International Securities Identification Number
JSE		The Johannesburg Stock Exchange, a securities exchange operated by JSE Limited
King IV/The King IV Code		The King IV Report on Corporate Governance for South Africa, 2016
KPI		Key performance indicator
Logicalis or Logicalis Group		A division of Datatec that supplies ICT infrastructure and solutions and managed services. Datatec has split its investment in Logicalis Group into two divisions: Logicalis International and Logicalis Latin America
Logicalis International		Comprises the Logicalis business in all markets outside Latin America
Logicalis Latin America		Comprises the Logicalis business in Latin America
LTI		Long-term incentive
Management Consulting		A division of Datatec that comprised Analysys Mason, a specialist telecommunications, media and technology adviser. Analysys Mason was disposed of during FY23.
MEA		Middle East and Africa
MISA		Microsoft Intelligent Security Association
MoI		the Company's Memorandum of Incorporation
OECD		Organisation for Economic Co-operation and Development
SAICA		South African Institute of Chartered Accountants
SBTi		Science Based Targets initiative, a collaboration between the CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature
Scope 1 emissions		Direct greenhouse gas emissions from sources owned or controlled by a company, ie emissions are released into the atmosphere directly from the company's daily activities. They include boiler and furnace emissions, transportation emissions, and chemical production emissions from owned or controlled processes (eg emissions from company facilities and vehicles)
Scope 2 emissions		Indirect emissions. Come from electricity, steam, heat and cooling consumption. (eg emissions from purchased energy to switch on lights)
Scope 3 emissions		All indirect emissions, also known as value chain emissions. These are linked not only to a company's value chain but to its entire product life. Companies' most common and significant source of emissions (eg emissions from waste disposal, business travel and downstream product/services usage)
SENS		Stock Exchange News Service
STEM		Science, technology, engineering and mathematics
STI		Short-term incentive
The Board		The Board of directors of Datatec Limited
The Code		The Datatec Group Code of Conduct
The Companies Act		South African Companies Act 71 of 2008, as amended
The Company or Datatec		Datatec Limited, listed on the JSE in the "Computer Services" sector
The current year, the year, the year under review or FY23		The year ended 28 February 2023
The Foundation		The Datatec Educational and Technology Foundation
The Group		The Datatec Group, Datatec Limited and its subsidiaries
The previous year, the prior year or FY2		The year ended 28 February 2022
Westcon International or Westcon		A division of Datatec that provides distribution of security, collaboration, networking and data centre products. Includes Datatec Financial Services, a provider of financing/leasing solutions