Board structure

Mondi comprises Mondi Limited, registered and listed in South Africa, and Mondi plc, registered and listed in the UK.

Each entity has its own board of directors comprising the same individuals. This enables the effective management of the dual listed company (DLC) structure as a single unified economic enterprise with due consideration being given to the interests of the ordinary shareholders of both Mondi Limited and Mondi plc.


The effective operation of the Boards is supported by each of the committees detailed below:

The committees have been established in line with governance practice and the Boards have delegated certain responsibilities thereby enabling full consideration to be given to all key matters. After each committee meeting, each committee chair reports back to the next board meeting. This facilitates the communication between directors and ensures that all aspects of the Board's mandate have been addressed. In addition there is a DLC executive committee that is responsible for the day-to-day management of the Group within the limits set by the Boards. 

Each committee includes members who have recent and relevant skill and knowledge and independent non-executive directors. Each committee has access to independent professional advice when necessary

The board and management team of the Mondi Group operate and manage the business as if it were a single economic entity. While Mondi Limited and Mondi plc are separate corporate entities and each have a board of directors, the Boards and management team are comprised of the same people.

This symmetrical arrangement is safeguarded by the provisions of the DLC Sharing Agreement between Mondi Limited and Mondi plc and the Memorandum of Incorporation and Articles of Association of each company respectively.

While the Board has delegated the day-to-day management of the Group to the Chief executive officer, there is a formal schedule of matters reserved for the Board which provides a framework for the Board to oversee control of the Group’s affairs.

Matters Reserved for the Board