OUR BOARD OF DIRECTORS' CODE OF ETHICS

The roles of Chief Executive Officer, Principal Financial Officer, and Senior Financial Officers at the holding company and all its subsidiaries are critical to a high standard of corporate governance. Senior Financial Officers are expected to adhere to the following principles and responsibilities:

• Act in good faith with due care, competence, and diligence.
• Establish appropriate systems and procedures to ensure that business transactions are recorded in accordance with Generally Accepted Accounting Practice, established company policy, and appropriate regulatory requirements.
• Establish appropriate policies, procedures, and work practices for the protection and retention of accounting records and information as required by applicable laws and regulations.
• Establish and administer financial accounting records and information as required by applicable laws and regulations.
• Establish and administer financial accounting records and underlying systems that are appropriate to ensure the integrity of the financial reporting process and the availability of timely, relevant information for the sound operation of PSS.
• Conduct themselves in an honest and ethical manner, avoid actual or apparent conflicts of interest in personal and professional relationships, and disclose to the Board Audit and Corporate Governance Committee any material transaction or relationship that could be reasonably expected to give rise to such conflict.
• Refrain from engaging in any activity that would compromise their professional ethics or otherwise prejudice their ability to carry out their duties.
• Refrain from disclosing confidential information acquired in the course of their work or using such information for personal advantage, except where authorized or otherwise legally obligated to do so. Ensure the subordinates to maintain the same confidentiality.
• Encourage that knowledge is shared among financial peers and subordinates to ensure maximum knowledge of best practices, laws, regulations, and core skills that are required to enhance the financial and operating performance of the Principal Financial Officer, Senior Financial Officers and their staff.
• Comply with applicable laws, rules, regulations, and codes of conduct.
• Maintain full, fair, accurate, timely, and understandable disclosure and reporting in:

• Public communications made by the Company
• Disclose all information reasonably expected in terms of Generally Accepted Accounting Practice and relevant legislation, neither knowingly misrepresenting material facts nor willingly allowing their judgment to be subordinated.

• Provide the external auditors with all the relevant information that could reasonably be expected to be disclosed to the auditors for the full, complete, and successful discharge of the auditors' duties and responsibilities.
• Provide the internal auditors with pertinent information in relation to non-compliance to rules, regulations or standards and/or material misstatements of information.
• Report any incidents of misuse of Company Assets to the Board Audit and Corporate Governance Committee or Group Internal Audit Manager.
• Promptly report any violations of this Code to the Board Audit and Corporate Governance Committee or Group Internal Audit Manager.

It is the sole responsibility of the Chief Executive Officer, Principal Financial Officer, and each Senior Financial Officer to ensure adherence to this Code and to obtain the necessary guidance from Executive Staff where the uncertainty may occur.