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Glossary

AGM
Annual General Meeting
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
CRM
Customer relationship management
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
EVP
Employee value proposition
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
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, as set out in Our leadership
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 FY24
The year ended 29 February 2024
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 FY23
The year ended 28 February 2023
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