About this report

The Motus integrated report provides a holistic assessment of the Group's ability to create and preserve value for stakeholders and guard against value destruction. It assesses management of strategy, the risks we face, and the Group's financial, operational, and sustainability performance, as well as the material priorities that may affect value creation over time. We aim to provide stakeholders with balanced, transparent and comprehensive reporting that supports their decision-making.

Scope and boundary

The 2022 integrated report covers the businesses over which the Group has operational control for the period 1 July 2021 to 30 June 2022, including subsidiaries, joint ventures and associates. The report also covers the risks, opportunities, stakeholder concerns, and outcomes beyond the financial reporting boundaries insofar as they materially affect the Group's ability to create value in the short and long term. The report is primarily aimed at providers of financial capital and will be of interest to other stakeholders, including our employees, customers, original equipment manufacturers (OEMs) and suppliers.

A disclaimer on forward-looking statements can be found in Corporate information.

Reporting frameworks and assurance

The integrated report is guided by the principles and requirements of a diverse set of frameworks, including those set out on the inside front cover. Financial information is extracted from the audited consolidated and separate annual financial statements for the year ended 30 June 2022 (available in full online). A summary of financial information, including the five-year review and value-added statement.

The audited consolidated and separate annual financial statements have been prepared in accordance with IFRS and its interpretations adopted by the IASB in issue and effective for the Group at 30 June 2022 and the SAICA Financial Reporting Guides as issued by the Accounting Practices Committee, Financial Reporting Pronouncements as issued by the FRSC, the Companies Act and the JSE Listings Requirements. The Group's external assurance providers, Deloitte & Touche, have issued an unmodified audit opinion on the audited consolidated and separate annual financial statements.

In this year's ESG report, the Group has made a first attempt to link material ESG issues to the UN SDGs based on current strategies, projects and objectives. This has been guided by a review of the individual targets of each SDG and identifying which targets the Group is able to make a contribution towards. Detailed disclosure can be found in the ESG report online.

Assurance has also been provided on selected non-financial information by Deloitte & Touche and their independent limited assurance report.

Pro forma financial information

The integrated report contains certain pro forma financial information to provide a more meaningful assessment of the Group's performance for the year under review. The directors of Motus are responsible for compiling the pro forma financial information on the basis applicable to the criteria as detailed in paragraphs 8.15 to 8.34 of the JSE Listings Requirements and the SAICA Guide on Pro Forma Financial Information, revised and issued in September 2014 (applicable criteria). The pro forma information does not constitute financial statements that are fairly presented in accordance with IFRS and has been prepared for illustrative purposes only.

Assurance on the compilation of pro forma financial information has been provided by Deloitte & Touche and their pro forma financial information accountants report.

Materiality determination

In the business and social context in which we operate, described in Automotive industry, our material priorities are those factors most likely to influence the conclusions of our stakeholders when assessing how we create, preserve, or may erode value over time. The factors considered to be within the control of Group leadership, and which have been identified for close and careful management over the short, medium and long term, are included in detail in Material priorities. Management selected these priorities to deepen the Group's resilience, relevance, and responsibility in pursuing sustainable value for stakeholders. They reflect our plans to manage the risks and opportunities associated with the Group's strategy and meet the expectations of stakeholders. Our material priorities are grouped into key themes. Sub-issues then expand on those themes and inform the content in the integrated and ESG reports. We explain our approach to determining our material priorities and related processes.

Preparation and presentation of this report

The Investor Relations Manager, with support from specialist external reporting advisors, ensures that the report preparation process is followed. Oversight and guidance of the process, reporting approach and content planning, is provided by the Group Executive Committee members, who also oversee the process and controls applied in the information gathering and drafting process.

Information included in this report is sourced from interviews with leadership, internal and external sources of trusted information. This includes reports and presentations relating to strategy, business plans and board documents used for decision-making purposes. All reports in the reporting suite are prepared in parallel to ensure that information and data is aligned and consistent.

The ARC assists the board of directors of Motus (the board) in overseeing the quality and integrity of the reporting process across the Group's reporting suite. An ad hoc board sub-committee, consisting of the Group executive directors and the Chairman of the ARC, approves the final integrated report on behalf of the board.

Board responsibility and approval statement

The Motus board acknowledges its responsibility to ensure the integrity of the 2022 integrated report. The ARC, together with executive management, is responsible for the preparation and presentation of the report and is comfortable that the appropriate systems, procedures, and controls are in place and operated effectively to ensure the integrity of the integrated report.

The committee has reviewed the report and recommended it to the board for approval. In the board's opinion, the report addresses all material priorities and matters that impact the Group's ability to create value over time and provides a balanced and appropriate review of Motus' strategy and performance. The board is satisfied that the integrated report has been prepared in accordance with the guidelines of the < IR> Framework.

The board is satisfied that the Group has complied with and operates in conformity with the provisions of the Companies Act, the Group's memorandum of incorporation (MOI) and any other applicable laws relating to its incorporation.

On behalf of the board

26 September 2022