Group Structure

Kenya Wine Agencies Limited (KWAL) is owned by KWA Holdings E.A. Limited (KHEAL). KHEAL the parent Company of the KWAL group of companies has shareholding as follows:

Shareholding Structure

• Distell – 55.1%
• ICDC – 43.95%
• Others – 0.95%

Board Committees

The Board has three standing committees as follows:

1. Board Audit and Risk Committee
2. Board Finance and Strategy Committee
3. Board Nomination, Remuneration and Governance Committee

Board Nomination, Remuneration and Governance Committee

Mandate

The mandate of the BNRGC covers, inter alia, recruitment and selection, corporate governance, remuneration and board evaluation.

Board Audit and Risk Committee

Mandate

The mandate of the BARC covers responsibilities for external audit, financial statements, internal control, internal audit, risk management, compliance and information technology governance.

Board Finance and Strategy Committee

Mandate

The broad mandate of the BFSC covers leadership in the formulation, development and implementation of the overall corporate Strategic Plan of the Company and periodic reviews thereof, critical review of the Company’s detailed annual departmental Business Plans (which will include the budgets and Procurement Plans) and recommending the same to the Board for approval, monitoring and critical review of the operational, investments’ and financial performance of the Company against key performance indicators, identifying shortcomings and ensuring corrective measures/actions are taken.