Page 3 - Stellar IAR2015

TABLE OF CONTENTS01 INTRODUCTION02 BUSINESS OVERVIEW03 Signi cant milestones04 Group and Investees05 Overview of Investee Companies07 Overview of the Investment Manager08 Our Business and investment strategy11 Summary of nancial results 13 Board report15 Risk management16 GOVERNANCE AND SUSTAINABILITY17 Corporate governance report29 Stakeholder engagement30 Remuneration report33 Sustainability report35 Report of the Social and Ethics Committee36 ANNUAL FINANCIAL STATEMENTS37 Statement of responsibility by the Board of Directors38 Statement by the Company Secretary39 Report of the Audit and Risk Committee40 Report of the Board of Directors46 Independent Auditor’s Report47 Statement of Financial Position48 Statement of Comprehensive Income49 Statement of Changes in Equity50 Statement of Cash Flows51 Notes to the Annual Financial Statements100 NOTICE OF ANNUAL GENERAL MEETING101 Notice of Annual General Meeting109 Form of proxy111 Notes to Form of proxyCONTACT INFORMATION