Key elements of our progress in refining and improving our compliance architecture and processes year-on-year include:

• Annual application globally of screen based anti-money laundering training and testing.
• Introduction of a new module of screen based testing - Market Abuse - rolled out to relevant areas.
• Continued refinement of compliance key risk indicators for risk reporting.
• MiFID implementation concluded and new procedures embedded in the business.
• Key focus and follow up of any expression of dissatisfaction (globally) from investors in our products.
• Rollout of key risk indicators and initiatives to meet the Financial Services Authority's 'Treating Customers Fairly' requirements.

During this financial year Man Investments had no material regulatory breaches leading to enforcement action by a regulator.

4 Community

Continued support to the communities in which our stakeholders live and work remains a key element of our Corporate Responsibility strategy.

For the past two years Group donations to the Man Group plc Charitable Trust have been based on a formula which guarantees donations of no less than 0.5% of Group pre-tax profits.

During this year we have appointed a director of the Man Group plc Charitable Trust who brings a wealth of experience to the management of this important resource.

We know from recent research that our continued support of communities is a key differentiator in attracting the most talented people and remains of great interest to our own staff.

This is reflected in the encouraging 8% increase year on year in the number of our staff participating in our Give As You Earn (GAYE) schemes where the Trust matches up to $172.00 per employee per month.

The Trust will continue to fund opportunities for positive change in society by identifying where and how to make the greatest impact on people's lives.

We are also introducing a volunteering programme which will provide our people (initially in the UK) with paid leave to support those charities to which they are individually committed. The Trust will also provide volunteering opportunities through its supported charities.

Volunteering will also form a key element of our integrated approach to management development and training. This volunteering will focus primarily on mentoring vulnerable young people. Our senior executive volunteering programme will focus on addressing key societal challenges and peer influence.

5 Environment

Whilst our global carbon footprint is relatively small, we believe we have a responsibility to take account of our environmental impact and also to influence others through programmes which are appropriate to the scale and nature of our business and reflect our wider duties to society.

We remain a carbon neutral company through the acquisition of Gold Standard Certified Emission Reduction credits which have offset our prior year's emissions.

We continue to adopt a thought leadership position regarding climate related matters.

Our Corporate Responsibility team has presented at a number of influential climate related conferences where we have shared our programmes in a transparent manner.

A schools' climate engagement programme has been piloted very successfully to over 100 young people.

We have significantly improved our waste recycling rates and have replaced all plastic bottled and canned water in our offices with a purified water filtration system. Our non-recycled waste reduced by 27% and our recycled waste increased by 23% year on year.

We increased the number of videoconferencing facilities by 65% year on year.

We are also encouraged that our carbon footprint per employee reduced year on year and by over 44% since 2005.

The future?

Our Corporate Responsibility focus in the coming year will continue to be on those areas which present the most significant potential risk to our Group and our franchise.

Move to web-based Corporate Responsibility reporting

For this and future years our main Corporate Responsibility reporting will be web-based, supported by a short printed summary.

We believe that this will facilitate direct access by our stakeholders to information of specific interest to them. This approach is also in line with our commitment to the continued reduction of our carbon footprint.

We have therefore developed a dedicated Corporate Responsibility website, complete with a dashboard of data, which can be accessed at www.mangroupplc.com/cr.

We are particularly encouraged by our global leadership position in the index in the areas of risk management, compliance and corporate social responsibility reporting.