Voting Rights measures the exercisable Voting Rights of shareholders in the hands of both black people and black women at shareholders meetings.
The Flow Through Principle (or Modified Flow Through as the case may be) is utilised in calculating the effective percentage voting rights held by black shareholders.
These are the measuring criteria:
Measurement Category & Criteria | Weighting Points | Compliance Target | |
Voting Rights | Exercisable Voting Rights in the Entity in the hands of Black people. | 4 | 25% + 1 Vote |
Exercisable Voting Rights in the Entity in the hands of Black women. | 2 | 10% |