DISCOVERY GROUP

HUMAN RIGHTS STATEMENT

Discovery’s (this includes Discovery Limited and all its subsidiaries, both local and international) core purpose of
making people healthier and enhancing and protecting their lives is the driving force behind our innovation and our
commitment to being a force for good and conducting our business with integrity, honesty and fairness. Discovery’s
operations are multijurisdictional, and we believe that organisations flourish in societies where human rights are
protected and respected.

As an organisation that continuously seeks to uphold good corporate citizenship, we acknowledge our responsibilities
enshrined in national laws and regulations, as well as universal standards for human rights.

OUR COMMITMENT
Discovery’s commitment to respecting international standards for human rights is informed by the United Nations
(UN) Guiding Principles on Business and Human Rights, International Bill of Human Rights (including the Universal
Declaration of Human Rights), International Labour Organization’s Declaration on Fundamental Principles and Rights
at Work, and the UN Global Compact Principles, of which Discovery is a signatory. Discovery also follows the
recommendations of the Organisation for Economic Cooperation and Development (OECD) Guidelines for
Multinational Enterprises.

Discovery strives to ensure that high levels of awareness of and adherence to adopted ethical standards are
maintained across our organisation. Furthermore, we aim to ensure that this statement and our activities are
informed by our values, align with our purpose, and contribute to our strategy. We endeavour to require the same
across our value chain, including our suppliers and other persons with whom we establish a commercial relationship.
We are committed to ensuring that internal procedures, policies, systems and controls are in place to ensure the
promotion and protection of human rights throughout our sphere of influence and follow local people policies and
employment legislation.

Discovery recognises its potential impact as an organisation on the human rights of a range of stakeholders, including
as an employer, a provider of financial services to clients, a buyer of goods and services, and an investor. We are
committed to respecting the human rights of people involved in and impacted by our business, our employees,
partners, supply chain, clients, shareholders and society. We strive to meet and surpass, where possible, the
progressive realisation of the laws that govern the human rights in the countries in which we operate and to comply
with laws regulating minimum wage, maximum working hours, the rights of our employees to elect to join labour
unions, and healthy and safe working environments. We strongly oppose forced labour, child labour, human
trafficking or any form of slavery in any part of our organisation and supply chain. We seek to enter into commercial
business relationships, including within our supply chain, with organisations that demonstrate similar commitments.
Discovery’s procurement process requires that goods and services be procured from socially and environmentally
responsible suppliers who subscribe to values aligned to upholding human rights, anti-corruption measures, labour
standards, the protection of the environment, and sustainability.

Discovery values diversity and protects the rights of all, including minority groups and women, and prohibits all forms
of bullying, harassment and unlawful discrimination on any grounds, including age, race, ethnic or national origin,
religion or beliefs, caste, colour, mental or physical health conditions (inclusive of HIV, disability and pregnancy),
gender, gender expression, gender identity, sexual orientation, marital status or other domestic circumstances, and
employment status. Discovery has processes in place to act immediately in instances where violations may occur and
continues to educate and create awareness among all our stakeholders.

STAKEHOLDERS
§ Discovery shareholders are integral to our business, and we strive to protect the interests of Discovery’s
shareholder investments by ensuring that Discovery is and is seen as being an ethical company with a
commitment to international best practices relating to the rights of individuals. We also strive to protect the
equitable treatment of all shareholders, including minority and foreign shareholders.

§ Discovery employees are core to our growth and success. We uphold the rights of employees’ freedom of
association and collective bargaining. Our value of ‘integrity, honesty and fairness’ is demonstrated through a
culture of inclusiveness and tolerance. We are committed to ensuring equitable remuneration for all employees
and we aim for compliance with applicable laws governing wages, work hours, overtime and benefits. We are also
committed to the just, equitable and considerate treatment of all employees and to not engaging in child, forced
and/or compulsory labour.

§ Discovery clients’ rights are at the forefront of our business decisions, processes and procedures. This is
underpinned by a set of principles that ensures our commitment to treating our clients fairly through our
transparent and trustworthy business practices.

The nature of our business requires the collection of personal information from our clients, and we acknowledge
our responsibility of ensuring that we protect our clients’ right to privacy and, in turn, their inherent dignity
flowing from it. Further details of our commitment to protecting our clients’ personal data is available on the
Privacy page on the Discovery website.

Discovery business partners are required to be familiar with our Statement of Ethics and share our commitment
to high ethical standards and business integrity. As a responsible business, Discovery expects that our business
partners conduct business with transparency and integrity, placing human rights at the forefront of all decisions
made. All Discovery business partners must share our commitment to treating employees with dignity, employing
them on the basis of their ability to perform the job providing a safe, secure and healthy work environment, and
treating them fairly and in compliance with applicable laws and regulations regarding labour and employment.

§ Society: Our core purpose of making people healthier and enhancing and protecting their lives, combined with
our shared-value insurance model, places sustainable planetary health practices, collective social responsibility
and transparent governance reporting at the core of our businesses. We are deeply committed to nation-building
and protecting our planet, through initiatives that maintain an environment that enables and sustains good
health, such as our goal to achieve carbon neutrality by 2025, achieve net zero by 2050 or earlier and manage

Discovery Limited is the licensed controlling company of the designated Discovery Insurance Group. Registration number: 1999/007789/06. Companies in the Group are licensed insurers and
authorised financial services providers.

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Human Rights Statement
 water as a shared resource. We recognise that responsible investment requires the recognition, evaluation and
incorporation of material environmental, sustainability and governance issues into investment analysis and
decision-making processes. It is with this recognition that we are able to enhance the rights of society at large to
be a force for good.

DELIVERING ON OUR COMMITMENT TO BE A FORCE FOR GOOD

Discovery’s Compliance and Legal functions give expert support to the businesses in applying high global standards for
responsible business conduct wherever we operate. Discovery is committed to consistently applying both the letter
and spirit of the law, and focus in this area goes beyond adherence to legislation. It includes building and maintaining
a strong culture of compliance and ethical behaviour across the Group.

Discovery, through Discovery People, Corporate Sustainability, Group Ethics, the Group Executive Committee and the
Social and Ethics Committee will, on an annual basis, review, update and approve this statement. Discovery will
continue to report on its progress in meeting the commitments outlined in this statement.

We will continue to encourage our stakeholders to report any suspected human rights violations or concerns through
our various reporting mechanisms. Stakeholders can anonymously report potential or actual human rights violations
and/or concerns to the Ethics Hotline via the EthicsDefender app or via the link below:

https://www.discovery.co.za/corporate/integrity-honesty-and-fairness

Discovery Limited is the licensed controlling company of the designated Discovery Insurance Group. Registration number: 1999/007789/06. Companies in the Group are licensed insurers and
authorised financial services providers.

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Human Rights Statement