This integrated report is supplemented by our full site of online publications, which caters for the diverse needs of our stakeholder base and includes the following:

These can be accessed on our website: www.aeei.co.za

Our reporting suite is in compliance with:

The International Integrated Reporting <IR> Framework

The Companies Act, 2008 (Act 71 of 2008), as amended (Companies Act)

The JSE Listings Requirements

King IVTM Report on Corporate Governance for South Africa 2016 (King IVTM)

International Financial Reporting Standards (IFRS)

Independent Third-Party Assurance Statement from Integrated Assurance & Reporting Services (IRAS)


In this report, we make certain statements that relate to analyses and other information built on forecasts of future results based on historical data, which are based on estimations of new business and investment assumptions. These statements may also relate to our future prospects, developments, business strategy and estimates of amounts not yet determinable. Examples of these forward-looking statements include, but are not limited to the impact of the COVID-19 pandemic on the Group’s businesses, results of operation, financial condition and liquidity and statements regarding the effectiveness of actions taken by the Company to address or limit the impact of COVID-19 on the business.

As defined, these are forward-looking statements. These statements may be identified by words such as “expect”, “look forward to”, “anticipate”, “intend”, “plan”, “believe”, “seek”, “estimate”, “will”, “project”, or words of similar meaning, which are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures and in the risk management report.

Should one or more of these risks or uncertainties materialise or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of AEEI may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. AEEI neither intends nor assumes any obligation to update or revise these forward-looking statements in light of developments that differ from those anticipated.