B-BBEE is a core business practise at eXtract Group Limited and its subsidiaries. The Company is a level 3 B-BBEE contributor.
eXtract recognises and fully supports the principles and necessity of B-BBEE in South Africa. The Group's approach to B-BBEE is focused around the principles of ownership, management control, employment equity, skills development, enterprise development, preferential procurement and corporate social investment.
From an ownership perspective, eXtract is black empowered at a 32.3% shareholding level, based on the modified flow-through principle.