The Social and Ethics Committee is pleased to report on its activities for the financial year ended 31 May 2025. During the period under review, the Committee fulfilled its oversight responsibilities with diligence, integrity, and responsiveness to escalating governance and disclosure requirements. We are proud to confirm that all key objectives set for FY25 were achieved, and our commitment to advancing social, ethical, and economic transformation remains resolute as we look toward FY26.
In alignment with the mandates of the Companies Act and King IV, the Committee continues to guide and oversee Blu Label's performance in the following domains:
In FY25, transformation efforts were deeply embedded across the business, reflecting the shared responsibility of leadership, management, and employees. These initiatives have contributed to a more inclusive, equitable and sustainable operational model. Transformation is no longer an isolated mandate – it is a core component of how Blu Label delivers value.
Sustainability is at the heart of our strategy, driving our mission to facilitate financial inclusion, economic empowerment, and convenience for the mass market. Our support for vulnerable groups and disadvantaged communities intensified this year, with impactful partnerships and measurable outcomes.
In FY25, our commitment to supplier diversity remained strong. Collectively, we partnered with suppliers representing the following categories:
These engagements enabled inclusive economic participation and facilitated transformation in critical supply chain segments.
Our supplier development initiatives went beyond compliance. We have enabled job creation and economic resilience through targeted investments such as funding to Dunoworx. Looking ahead, we are scaling these efforts by cultivating inclusive ecosystems and facilitating collaboration between our suppliers and flagship community beneficiaries.
Blu Label's social investment approach remains grounded in long-term, high-impact partnerships. Our continued support for flagship partners – Boys and Girls Club, Christel House, and Women and Men Against Child Abuse – has deepened their capacity to drive systemic change.
In FY25, we partnered with Education Africa to expand access to online learning for preschool educators in underserved communities. This initiative strengthens early childhood development outcomes and empowers educators to uplift future generations.
We also fostered employee-led social investment, including campaigns to donate books and festive gifts to children in underserved areas. This culture of giving is integral to our ethos as a responsible corporate citizen.
We acknowledge the pivotal role of our informal merchant network in driving financial inclusion. These entrepreneurs are not only distribution partners, but also agents of economic transformation within their communities. Their empowerment remains a strategic priority.
We are proud to confirm the successful delivery of all FY25 focus areas, including:
Building on our progress, the Committee will maintain its strategic focus on:
At Blu Label, we recognise that business success is inseparable from societal progress. As we enter FY26, our vision remains clear: to be a responsible, inclusive, and future-fit organisation that empowers people, communities, and the economy at large. Through sustained commitment to ethical conduct, transformation, and shared value creation, we continue to build a better tomorrow – together.
Chairman
30 September 2025