Abbreviations

Abbreviation     Full name
AGI     Aspen Global Incorporated, a subsidiary incorporated in Mauritius
Alphamed     Alphamed Formulations Private Limited
Annual Financial Statements     The Group and Company Annual Financial Statements for the year ended 30 June 2021
APIs     Active pharmaceutical ingredients
ARV     Anti-retroviral
Aspen and/or Group     Aspen Pharmacare Holdings Limited and/or its subsidiaries as set out in note 25 to the Company financial statements, as the context demands
Aspen Holdings or the Company     Aspen Pharmacare Holdings Limited
Aspen API     Aspen API Incorporated, a wholly owned subsidiary of AGI incorporated in the United States
Aspen Australia     Aspen Australia comprises Aspen Asia Pacific (Pty) Limited (a wholly owned subsidiary of AGI) and its subsidiaries, including Aspen Pharmacare Australia (Pty) Limited, Aspen Pharma (Pty) Limited, Orphan Holdings (Pty) Limited, Orphan Australia (Pty) Limited, Aspen Lennon (Pty) Limited and Aspen Products (Pty) Limited
Aspen Bad Oldesloe     Aspen Bad Oldesloe GmbH, a wholly owned subsidiary incorporated in Germany
Aspen Brazil     Aspen Pharma – Ind˙stria FarmacÍutica Limitada, a wholly owned subsidiary of PharmaLatina Holdings incorporated in Brazil
Aspen Finance     Aspen Finance (Pty) Limited
Aspen France     Aspen France SAS
Aspen Healthcare     Aspen Healthcare FZ LLC
Aspen Health     Aspen Health LLC
Aspen Ireland     Aspen Pharma Ireland Limited
Aspen Mexico     Aspen Mexico comprises Aspen Labs S.A. de C.V, Aspen Pharma Mexicana S. de R.L. C.V, Solara S.A. de C.V., Aspen Servicios S. de R.L. de C.V., PN North America S. de R.L. de C.V., Wyeth Ilaclari S. de R.L. de C.V., Wyeth S. de R.L. de C.V., Marcas WN S.A. de C.V.
Aspen Nigeria     Aspen Pharmacare Nigeria Limited, a subsidiary incorporated in Nigeria
Aspen Oss     Aspen Oss B.V., a subsidiary incorporated in the Netherlands
AstraZeneca     AstraZeneca AB and AstraZeneca UK
B4SA     Business for South Africa
BBBEE     Broad-based Black Economic Empowerment
BBBEE Codes     The Department of Trade, Industry and Competition’s BBBEE Codes of Good Practice
BEPS     Base Erosion and Profit Sharing
Beta     Beta Healthcare International Limited
CAGR     Compound annual growth rate
CDP-CC     Carbon disclosure project – climate change
CDP-WS     Carbon disclosure project – water security
CER     Constant exchange rate
CIS     The Commonwealth of Independent States, comprising Russia and the former Soviet Republics
DIFR     Disabling incident frequency rate
EBITDA     Normalised EBITDA comprises operating profit before depreciation and amortisation adjusted for specific non-trading items defined in accounting policies of the Group’s Annual Financial Statements
EDI     Group Equity, Diversity and Inclusion Framework
ERP     Enterprise resource planning
ESG     Environmental, Social and Corporate Governance
EY     Ernst & Young Inc
FCC     Fine Chemicals Corporation (Pty) Limited
FTSE     Financial Times Stock Exchange
The FTSE/JSE Africa Index Series     A joint venture between the JSE Limited (JSE) and the FTSE Group (FTSE)
GJ     Gigajoules
FDF     Finished dose form
GEPF     Government Employees Pension Fund
GMP     Good Manufacturing Practice
GRI     Global Reporting Initiative
GSK     GlaxoSmithKline Plc
HCIFR     High consequence incident frequency rate
HEPS     Headline earnings per share
HCP     Healthcare professional
I&T     Information & Technology
IBIS     IBIS Environmental Social Governance Consulting Africa Proprietary Limited
IFC     International Finance Corporation
IFRS     International Financial Reporting Standards
IIRC     International Integrated Reporting <IR> Council’s (“IIRC”) Framework
IMF     International Monetary Fund
IQVIA     IQVIA Inc, formerly Quintiles and IMS Health, Inc
Internal Audit     The Aspen Group Internal Audit function
IP     Intellectual property
ISO     The International Organisation for Standardisation
ISO 14001     International standard for environmental management systems
ISO 45001     International standard for occupational health and safety (OH&S) management system
ISO 50001     International standard for energy management systems
IT     Information Technology
Johnson & Johnson COVID-19 vaccine     Janssen Pharmaceuticals Inc. and Janssen Pharmaceuticals NV, two of the Janssen Pharmaceutical Companies of Johnson & Johnson’s COVID-19 vaccine.
JSE     JSE Limited, licensed as an exchange under the Security Services Act, No 36 of 2004
King IV     King Code on Corporate Governance 2016™. *Copyright and trademarks are owned by the Institute of Directors South Africa NPC and all of its rights are reserved
KPA     Key performance area
KPI     Key performance indicator
LWDFR     Lost workday frequency rate
Mandela Day     The Nelson Mandela International Day
ml     millilitre
Ml     Megalitre
Mylan     Mylan Ireland Limited
NHEPS     Normalised headline earnings per share
Notre Dame de Bondeville     Aspen Notre Dame de Bondeville S.A.S., a wholly owned subsidiary incorporated in France
OECD     Organisation for Economic Cooperation and Development
OTC     Over the counter
Pharmacare     Pharmacare Limited
PPE     Property, plant and equipment
ROIC     Return on invested capital
SAHPRA     South African Health Products Regulatory Authority
SASB     Sustainability Accounting Standards Board
SED     Socio-economic development
SHE     Safety, health and environment
Shelys     Shelys Pharmaceuticals International Limited, incorporated in Tanzania
Supplementary Documents     The reports of the Audit & Risk and Social & Ethics Committees, the Sustainability and ESG Data Supplement and the Annual Financial Statements
TCFD     Task Force on Climate-related Financial Disclosures
The Companies Act     The South African Companies Act, No 71 of 2008
The Company     Aspen Pharmacare Holdings Limited
TRIFR     Total Recordable Incident Frequency Rate
UN SDGs     United Nations Sustainable Development Goals
UN Global Compact     United Nations Global Compact
WHO     World Health Organization
USA     United States of America
AUD     Australian Dollar
EUR     Euro
R/ZAR     South African Rand
USD     United States Dollar
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