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					BEE RATING AGENCY DOCUMENTS                                                                                                                                                     Page 1 of 4




                                                                        THE BALANCED SCORECARD


                                                                                                                                    Indicator               Bonus preferential Weighting
Core components          BEE Elements         Code Ref   Weighting   Indicators                                                                 Targets
                                                                                                                                    Weighting               provision
                         Ownership            BEE 100    20%         Unrestricted voting rights in the Enterprise in the hands of          3%     25% + 1   Introduction of new entrants and
                                                                     black people                                                                   vote    BEE ownership in excess of
                                                                     Unrestricted voting rights in the Enterprise in the hands of          2%       10%     target.
                                                                     black women
                                                                     Economic interest in the Enterprise to which black people             4%       25%
                                                                     are entitled.
                                                                     Economic interest in the Enterprise to which black women              2%       10%
                                                                     are entitled.
DIRECT EMPOWERMENT                                                   Economic interest in the Enterprise to which black                    1%      2.5%
                                                                     designated groups is entitled.
                                                                     Level of unrestricted entitlement of black people to receive          8%       25%
                                                                     their economic interest in the Enterprise (as percentage of
                                                                     total ownership)
                         Management           BEE 200    10%         Weighted management representation scorecard (See BEE                10%       40%     Women management, different
                                                                     200)                                                                                   management positions weighted
                                                                                                                                                            according to seniority and
                                                                                                                                                            executive involvement.




                                                                                                                                    Indicator               Bonus preferential Weighting
Core components          BEE Elements         Code Ref   Weighting   Indicators                                                                 Targets
                                                                                                                                    Weighting               provision
                         Employment           BEE 300    10%         Weighted employment equity scorecard                                 10%       50%     Women representation.
                         equity                                      (See BEE 300)
                         Skills development   BEE 400    20%         Investment in skills development (in addition to skills              15%       3%      Fast track programs for black
HUMAN RESOURCE
                                                                     development levy) as a percentage of payroll                                           employees and management.
DEVELOPMENT
                                                                     Learnerships: learnership positions (as a percentage of               5%       3%      Provision of skills development
                                                                     employees)                                                                             programs and learnership in
                                                                                                                                                            priority skill areas.




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BEE RATING AGENCY DOCUMENTS                                       Page 2 of 4




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BEE RATING AGENCY DOCUMENTS                                                                                                                                                         Page 3 of 4




                                                                                                                                  Indicator                        Bonus preferential Weighting
Core components          BEE Elements       Code Ref   Weighting   Indicators                                                                 Targets
                                                                                                                                  Weighting                        provision
                         Preferential       BEE 500    20%         Affirmative procurement from excellent BEE contributors        18%         50%                  Procurement from excellent
                         procurement                               (BEE percentage score as per scorecard, between 80 and                                          contributors (recognised at
                                                                   100 points)                                                                                     R1.25 for every R1 of spend).
                                                                   Affirmative procurement from good BEE contributors (BEE                                         Procurement from good
                                                                   percentage score as per scorecard, between 65 and 79                                            contributors (recognised at R1
                                                                   points)                                                                                         for every R1 of spend).
                                                                   Affirmative procurement from satisfactory BEE contributors                                      Procurement from satisfactory
                                                                   (BEE percentage score as per scorecard, between 45 and                                          contributors (recognised at 50c
                                                                   65 points)                                                                                      for every R1 of spend).

                                                                   Implementation of robust, independent verification and         2%          Mechanism which
                                                                   reporting mechanism to avoid fronting                                      verify BEE status
                                                                                                                                              of suppliers
                                                                                                                                              reported under
                                                                                                                                              preferential
                                                                                                                                              procurement and
INDIRECT EMPOWERMENT
                                                                                                                                              utilisation of Dti
                                                                                                                                              approved
                                                                                                                                              accreditation
                                                                                                                                              agencies
                         Enterprise         BEE 600    10%         Monetary investment in SMME with excellent or good BEE         8%          5% - 10%             The sum percentage score
                         development                               contributions (as percentage of Net Asset                                  (depending on        achieved through monetary
                                                                   value/EBITDA/Total procurement)                                            base used)           investment and quantifiable non-
                                                                   Quantifiable non-monetary support to SMME with excellent       2%          2% - 5%              monetary support is summed to
                                                                   or good BEE contributions                                                  (depending on        arrive at the enterprise
                                                                   (as percentage of Net Asset value/EBITDA/Total                             base used)           development points (The
                                                                   procurement)                                                                                    maximum achievable percentage
                                                                                                                                                                   score for enterprise development
                                                                                                                                                                   is 10)
                         Residual Element   BEE 700    10%         Industry specific initiatives to facilitate the inclusion of   10%         3%                   Total contribution toward these
                                                                   black people in their sector (as a percentage of net profit)                                    initiatives is summed relative to




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BEE RATING AGENCY DOCUMENTS                                                                                                                        Page 4 of 4


                                                                  Industry specific initiatives to promote black economic         net profit of an enterprise. The
                                                                  empowerment (as a percentage of net profit)                     total achievable percentage
                                                                  Corporate social investment initiatives in health, education,   score for these initiatives is 10.
                                                                  poverty alleviation and community development (as a             (Initiatives that does not promote
                                                                  percentage of net profit)                                       the empowerment of black
                                                                                                                                  people are specifically
                                                                                                                                  excluded).




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