Polling results How would you describe the level of Board engagement in the preparation of your annual report? 93% Could your Directors explain what your company’s business model is? 93% To what extent is the chairman personally involved in writing the annual report? 93% 71% 47% 38% 21% 1 2 27% 5% 3 4 4% 1 2 3 4 25% 5% 1 2 33% 19% 3 5% 4 1 Very involved, providing input throughout the process 2 Aware of the content, although their input is limited 3 Aware of the content but there is no input 4 Not involved at all 21% 47% 27% 5% 1 None of them 2 One or two of them perhaps 3 Most of them 4 All of them 4% 25% 38% 33% 1 The chairman writes his/her opening letter and has input into the governance report 5% 2 The chairman’s letter and governance report is written by someone else, although he/she will provide input 71% 3 The chairman has limited involvement in the process or the content 19% 4 The chairman has no involvement in the process or the content 5% Is the business model you disclose in your annual report representative of how the company actually generates or preserves value? 93% Are the principal risks of your business, which you report within your annual report, reflective of those risks which are addressed internally within your business? 54% 39% 40% 40% 7% 1 2 3 14% 4 1 2 5% 3 1% 4 1 Yes, entirely 2 Yes, in part but we withhold some sensitive information 3 No, not at all 4 We did not report on the business model 39% 40% 7% 14% 1 Yes, very much so 2 Yes, somewhat 3 No, not really 4 Not at all 54% 40% 5% 1% www.blacksunplc.com © Black Sun Plc 2011 15