Odel : Annual Report 2021/2022

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BUILDING

New HO PE

In order to maintain the loyalty, faith and trust of our valued customers, we have taken to heart the challenge of overcoming adversity. Our legacy and heritage undoubtedly stands on our ability to be by your side through thick and thin, redefining our resourcefulness to offer you a new era in retail shopping, exclusive restaurants and the best in entertainment when you visit, thus building new hope.

ODEL PLC | Annual Report 2021/22

CONTENTS

Five-Year Summary .................................................................	04
Odel at a Glance ....................................................................	05
Chairman's Message ..............................................................	06
Board of Directors ..................................................................	10
Management Discussion and Analysis .................................	14
Corporate Governance ..........................................................	27
Risk Management ...................................................................	31
Report of the Related Party
Transactions Review Committee ........................................	36
Report of The Audit Committee ...........................................	37
Report of The Remuneration Committee ............................	38
Annual Report of The Board of Directors
on the Affairs of the Company ...........................................	40
Statement of Directors' Responsibility .................................	43
Independent Auditor's Report ..............................................	44
Statement of Income .............................................................	48
Statement of Comprehensive Income .................................	49
Statement of Financial Position ............................................	50
Statement of Changes In Equity ..........................................	52
Statement of Cash Flows ......................................................	53
Notes to the Financial Statements ......................................	55
Investor Information .............................................................	120
Notice of annual general Meeting ......................................	122
Form of Proxy ........................................................................	123
Corporate Information .........................................................	IBC

OUR VISION

To inspire the world.

OUR MISSION

To provide a complete Mind, Body and Soul experience as the premier fashion and lifestyle retailer promoting sustainable and unparalleled levels of retail experience.

OUR VALUES

Odel is guided by strong shared values. We love, we serve, we style, we innovate, we give, we save, we enjoy and we inspire