The following persons are the members of the Remuneration Committee: Mr. A Johannes-Executive director, chairman of the board, and chairman of the remuneration committee. Mr. P Botha CA(SA)-Financial director, chairman of the audit committee, and member of the remuneration committee. Mr. K Bosch-Operation director, member of the remuneration committee. Unites Remuneration Committee takes responsibility for the governance of remuneration. The remuneration policy and implementation report was voted on by all members of the Remuneration Committee at their last annual meeting. The fees for the non-executive directors for their services as directors were submitted for approval through a special resolution by the shareholders. During this special resolution, the shareholders also voted 30% against the remuneration policy and implementation report. Nothing further was disclosed. During this special resolution meeting with the shareholders, it was decided that, regarding the categorisation of directors, the Remuneration Committee only wants to disclose in the annual financial statements whether each director is executive or non-executive. During the special resolution meeting, the remuneration policy was also discussed. The remuneration policy was disclosed during the special resolution meeting. The remuneration policy will include the following: Base salary, including financial and non-financial benefits of directors. Payments to directors on termination of employment or office. Any commission and allowance to directors. REQUIRED: Identify and discuss any contraventions of King IV by Unite Finance (Ltd). Provide the section of the King IV. Structure your answer by using the following headings: Risk management (12.5 marks) Remuneration governance (11.5 marks)