Exterminators : Annual Report 2021/22 - Amended

E X T E R M I N A T O R S P L C

A N N U A L R E P O R T 2 0 2 1 / 2 2

New Realms of

New Realms of

Exterminators PLC ventured forth towards new realms of growth powered by the infusion of capital. Firmly entrenched with its powerful platform of trust built over the last 24 years the Company created new expansionary pathways to sustainable growth. Creating new paradigms of quality, the Company was recognized with many local and international awards and certifications further validating its path of success to new realms of growth.

CONTENTS

EXTERMINATORS PLC ANNUAL REPORT 2021/22

CHAIRMAN'S	Page 30
REVIEW

"Exterminators PLC has carved a unique niche within the industry

as an environmental management company which extends its services beyond the realms of pest control. "

MANAGING

DIRECTOR'S Page 33

OUR PATH FROM

GOOD TO GREAT

INCEPTION | 03

VISION MISSION | 04

KEY FINANCIAL PERFORMANCE | 05 SERVICE PERFORMANCE | 06 CERTIFICATIONS AND STANDARDS | 07 AWARDS AND RECOGNITION | 08 OUR RESPONSE TO COVID-19 | 10

OUR

STORY

OUR JOURNEY | 12

A BRAND YOU CAN TRUST | 14 HOW WE WORK | 16

OUR STRATEGY | 17 OUR PEOPLE | 20 OUR CUSTOMERS | 25

OUR BUSINESS

IN CONTEXT

CHAIRMAN'S REVIEW | 30

MANAGING DIRECTOR'S REVIEW | 33 OPERATING LANDSCAPE | 36 FINANCIAL REVIEW | 37

OUR PRODUCTS AND SERVICES | 39

LEADING

THE WAY

CORPORATE

GOVERNANCE

CORPORATE GOVERNANCE REPORT | 52 BOARD OF DIRECTORS | 54 MANAGEMENT TEAM | 56

BUSINESS SUSTAINABILITY PRACTICES | 57 RISK MANAGEMENT REPORT | 60 AUDIT COMMITTEE REPORT | 63

RELATED PARTY TRANSACTIONS REVIEW COMMITTEE REPORT | 64

REMUNERATION COMMITTEE REPORT | 65

ANNUAL REPORT OF THE BOARD OF DIRECTORS ON THE AFFAIRS OF THE COMPANY | 66

FINANCIAL

REPORTS

STATEMENT OF DIRECTORS' RESPONSIBILITIES | 69

INDEPENDENT AUDITOR'S REPORT | 70 STATEMENT OF COMPREHENSIVE INCOME | 73 STATEMENT OF FINANCIAL POSITION | 74 STATEMENT OF CHANGES IN EQUITY | 75 STATEMENT OF CASH FLOWS | 76 NOTES TO THE FINANCIAL STATEMENTS | 77 FIVE YEAR SUMMARY | 102

SHAREHOLDERAND OTHER INFORMATION | 104 NOTICE OF MEETING | 106

CORPORATE

INFORMATION | INNER BACK COVER

REVIEW

"As a proactive company with an entrepreneurial mindset, we reacted to the unfolding events with a positive and proactive manner always bearing in mind that crises create opportunities to challenge and change the status quo for a better future."

INDUSTRY LEADERSHIP | 42

INNOVATION LEADERSHIP | 44

DIGITALIZATION LEADERSHIP | 45

ENVIRONMENTAL LEADERSHIP | 47

COMMUNITY LEADERSHIP | 49

Online	https://
Available
exterminators.lk/
as PDF

OUR PATH FROM GOOD TO GREAT

INCEPTION

Exterminators PLC (referred to as Exterminators or the Company) was established in 1998 as

a proprietorship and incorporated in 2004 as an Environmental Solution Services provider specializing in pest management and environmental enhancement technology. The Company is a licensed Pest Management Service Institution under the Regulations issued in accordance with the Control of Pesticides Act No. 33 of 1980.

The Company was founded by Marlon Ferreira, a passionate entrepreneur who believes that the success of any business is highly dependent on the quality of services provided to the customers. From its humble beginnings with just one individual with a spray gun, the brand has successfully evolved in gaining recognition as Sri Lanka's premier environmental solutions provider. Through the unique experiences garnered over the years, "Exterminators" has become a benchmark in the industry, setting standards for industrial excellence, sustainability initiatives and advanced products aimed towards building a better Sri Lanka.

Embracing advanced technology and continuous research and development, Exterminators is a pioneer in cutting-edge environmental enhancement solutions for homes and businesses. The products and solutions are articulated, designed and invented to face any existing and emerging pest and termite challenges.

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2021/22 REPORT ANNUAL PLC EXTERMINATORS