Page 106 - UBP - IR2020

CORPORATE GOVERNANCE
DIRECTORS’ SERVICE CONTRACTS
Except for Messrs Stéphane Ulcoq and Christophe Quevauvilliers who each have a a a a a a a a contract of employment with the Company there is no service contract between the the the Company and any any of the the the Directors DIRECTORS’ AND AND OFFICERS’ INSURANCE AND AND INDEMNIFICATION
The Directors and the the Company Secretary benefit from an an an an indemnity insurance cover for for liabilities incurred while performing their duties to the extent permitted by law SHAREHOLDERS
Substantial Shareholders
The shareholders holding more than 5% of of the the share share capital of of the the Company at June 30 2020 were as follows:
Shareholders
Number of shares % Holding
The National Pensions Fund 1 1 335 172 5 5 04
Except for the the the the above no other entity or or or or or individual had an an interest of of 5% or or or or or more in in in in the the the the ordinary share capital of of the the the the Company CONTRACTS
OF SIGNIFICANCE
No Director or or or any substantial shareholder had a a a a a a a a a a a material interest either directly directly or or or indirectly in in in a a a a a a a a a a a contract of significance entered into by the Company or its subsidiaries DONATIONS
The Company and its subsidiary companies have donated Rs Rs 5 5 693 205 during the year ended June 30 2020 (2019: Rs Rs 2 2 2 2 2 2 486 219) out of which Rs Rs 2 2 387 368 (2019: Rs Rs 1 1 884 433) were political donations IBL Ltd
8 8 785 100
33 14
AUDITOR’S REMUNERATION
The auditor’s remuneration was as as follows:
Rs’000
Deloitte 2 997 Other firms 1 204
THE GROUP
THE COMPANY
2020 2019 2020 2019 Rs’000
Rs’000
Rs’000
Rs’000
- 1 300 2 941 500
Rs’000
- 1 259
Audit fees :
Non-audit fees :
Deloitte - - - - - - - - - - - - - - - - Other firms 493 1 1 1 1 677 183 1 1 1 1 381
The non-audit fees were paid by the Group to Ernst & Young for for for tax services and assistance for for for a a a a a a a VAT review for for for Rs 492 710 (2019: Rs 726 776) 106 - UBP INTEGRATED REPORT 2020