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Material matters impacting value creation

Material matters have the potential to substantially affect, both positively and

negatively, the group’s ability to create value and deliver on its BRIGHT strategy

and investment case in the short, medium and long term.

Managing material matters

We manage material matters by identifying, prioritising, responding and reporting on them.

We

determine

our material matters by considering

factors that receive the most management and board

attention during the year – the central themes of the

quarterly reporting meetings between the executive

committee and the chief executives of our 22 operations.

These themes take into account the context in which we

operate, the group’s top risks and opportunities and the

priority interests of our key stakeholders.

Identify

These central themes then form the basis of

discussion at workshops at which representatives

of key departments participate; they

prioritise

the

group’s material matters by considering their

actual as well as potential impact. These are then

scrutinised and ultimately endorsed by the

executive committee and the board.

Prioritise

We

respond

to our material matters by putting in place

appropriate management actions to mitigate those which

have the potential to disrupt value creation. We also

implement management interventions designed to

capitalise on those factors that offer opportunity for

greater value creation. We reference our material matters

throughout the integrated report.

Respond

Report

16

MTN Group Limited

Integrated Report 2017