Corporate Governance Statement

At BESTWEALTH, we are committed to maintaining the highest standards of corporate governance. We believe that strong governance is essential to delivering sustainable value to our clients, employees, shareholders, and stakeholders, while fostering a culture of transparency, accountability, and ethical business practices. This Corporate Governance Statement outlines the principles and framework that govern how we operate and make decisions.

1. Governance Structure

The governance structure of BESTWEALTH is designed to ensure that our business is managed in a responsible and effective manner. The structure includes the following key components:

• Board of Directors: The Board is responsible for overseeing the overall strategy, performance, and governance of the Company. It ensures that BESTWEALTH operates in a manner that upholds the best interests of all stakeholders.

• Executive Management: The executive management team, led by the Chief Executive Officer (CEO), is responsible for executing the strategic direction set by the Board and managing day-to-day operations.

• Committees: The Board may establish specialized committees (e.g., audit, risk, or remuneration committees) to handle specific governance matters. These committees operate under clearly defined mandates and report back to the Board on key issues.

2. Board Composition and Independence

• Board Composition: The Board of BESTWEALTH is composed of individuals with diverse backgrounds, skills, and experience relevant to the consulting industry, governance, and business management. This diversity ensures that the Board can provide effective oversight and strategic direction.

• Independence: The Board includes a combination of executive and non-executive directors, with non-executive directors playing a critical role in providing independent oversight and ensuring that management’s decisions are aligned with the best interests of the Company.

3. Accountability and Transparency

BestWealth is committed to maintaining transparency and accountability in all aspects of its operations. This is achieved through:

• Financial Reporting: We ensure accurate and timely financial reporting that complies with local and international accounting standards. Our financial statements are independently audited to provide assurance of their accuracy and integrity.

• Disclosure Practices: BESTWEALTH provides clear, timely, and relevant information to stakeholders through regular reports, meetings, and communications. Transparency is central to building trust and ensuring that stakeholders have the information they need to make informed decisions.

• Internal Audit: We have an internal audit function that independently reviews the effectiveness of internal controls, risk management processes, and governance practices. The internal audit team reports directly to the Board, ensuring impartiality and objectivity.

4. Ethical Conduct and Integrity

At BestWealth, we believe that our long-term success depends on operating with the highest level of integrity and ethical behaviour. To support this:

• Code of Conduct: All employees and directors are required to adhere to our Code of Conduct, which outlines the ethical principles that guide our decision-making and interactions with clients, partners, and colleagues. The Code covers areas such as conflict of interest, confidentiality, and responsible business practices.

• Whistleblower Policy: We have established a whistleblower mechanism that allows employees and stakeholders to confidentially report unethical behaviour or practices without fear of retaliation. We are committed to investigating all reports thoroughly and taking appropriate action where necessary.

5. Risk Management

BestWealth Business Consulting Services recognizes that managing risk is integral to achieving our strategic objectives and ensuring long-term sustainability. Our risk management framework includes:

• Risk Committee: The Board’s Risk Committee oversees the identification, assessment, and management of risks across the organization. The committee ensures that appropriate risk mitigation strategies are in place and that risks are managed within the Company’s risk appetite.

• Compliance: We adhere to all relevant laws, regulations, and industry standards, both in Ghana and internationally. Our compliance program is designed to ensure that we operate in a manner that minimizes legal, financial, and reputational risks.

6. Stakeholder Engagement

We recognize that effective governance involves open and constructive engagement with our key stakeholders, including clients, employees, partners, and regulators. BESTWEALTH is committed to:

• Client-Centric Governance: We place our clients at the centre of everything we do. Our governance practices ensure that we deliver high-quality consulting services that meet our clients’ needs and expectations while adhering to industry best practices.

• Employee Engagement: We believe that our employees are our greatest asset. We foster a culture of inclusion, respect, and professional growth, and we actively seek employee input on matters that impact their work environment and career development.

• Regulatory Compliance: We engage with regulators in Ghana and other jurisdictions where we operate, ensuring that we comply with all relevant regulations and best practices in the consulting and business services industry.

7. Sustainability and Social Responsibility

At BestWealth, we are committed to operating sustainably and contributing positively to the communities in which we work. This commitment is reflected in:

• Sustainable Business Practices: We strive to minimize our environmental impact by adopting sustainable practices in our day-to-day operations, including energy efficiency, waste reduction, and responsible sourcing.

• Corporate Social Responsibility (CSR): We actively contribute to social development through CSR initiatives focused on education, entrepreneurship, and community development in Ghana. We believe that by empowering others, we can create a positive impact that extends beyond our business.

8. Continuous Improvement

BestWealth is committed to continuously improving its corporate governance practices. We regularly review our governance framework to ensure that it remains aligned with industry best practices, evolving regulatory requirements, and the changing needs of our stakeholders.