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2O24 ANNUAL REPORT PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report •

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| 2 | PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report •

VISION

WHO ARE WE The Private Sector Organisation of Jamaica (PSOJ) was established in 1976. It is a national organisation of private sector associations, companies and individuals working together to promote a competitive and productive private sector. The organisation seeks to influence national policy issues of a political, social, or economic nature. The Executive Committee, under guidance from the Council, leads this process by promoting discussions with the country’s Government, political directorate and the Opposition. The Organisation is also in close and constant contact with the major multilateral and bilateral agencies. One of the primary mandates of the PSOJ is advocacy and continues to provide meaningful representation on behalf of the private sector, to ensure that its presence and strong voice are always maintained.

MISSION

VISION

To effectively advocate for the implementation of public policy that enables strong, sustainable private sector-led economic growth and development.

We are the unifying voice of the private sector working in partnership with the public sector and civil society to achieve Vision 2030 for Jamaica.

PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report •

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TABLE OF CONTENTS 2O24 ANNUAL REPORT

Notice of Annual General Meeting

Important Notice for Members

Minutes of 36th Annual General Meeting

2024 AGM Attendance

Directors’ Report

President’s Message

Executive Director’s Message

2024 Council Members

PSOJ Officers and Execuitve Committee Members

2024 COMMITTEE REPORTS

Report: Corporate Governance & Listed Companies

Report: Economic Policy

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Report: Energy, Environment and Climate Change

Report: Gender and Disability Affairs

Report: Human Capital Development

Report: Innovation and Digital Transformation

Report: Membership

Report: National Security & Justice

Report: National Values and Attitudes

Report: Sports and Entertainment Development

2024 MAJOR PROJECTS

Crime Stop Report

Project Star Report

Meet The Secretariat

PSOJ: 31st Hall of Fame

Pictorial Review of 2024

2024 Members Listing

Audited Financial Statements

PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report •

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| 6 | PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • Notice of AGM

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN: That the 37th Annual General Meeting of the Members of The Private Sector Organisation of Jamaica (PSOJ) will be held at the “Talk of the Town Suite”, The Jamaica Pegasus Hotel on Thursday, January 8, 2026, commencing at 9:00 a.m., for the purposes of considering, and if thought fit, passing the following resolutions, namely: 1. To receive the Audited Accounts for the year ended 31 December 2024 and the reports of the Directors and Auditors circulated herewith.

To consider and (if thought fit) pass the following resolution: Resolution No. 1 “THAT the Audited Accounts for the year ended 31 December 2024 and the reports of the Directors and Auditors circulated with the Notice convening the meeting be and are hereby adopted.” 2. To Re-appoint and authorize an Auditor for the Ensuing Year Resolution 2 “THAT Star Dot Star Ltd/Ventry Foo Chartered Accountant having agreed to continue in office as Auditors, be and are hereby reappointed Auditors for the Company to hold office until the conclusion of the next Annual General Meeting at a remuneration to be fixed by the Executive Committee.” 3. To Elect Members of the Council 4. Special Presentation

BY ORDER OF THE COUNCIL

Camille Facey Mrs. Camille Facey, CD HONORARY SECRETARY December 8, 2025 39 Hope Road Kingston 10

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IMPORTANT NOTICES FOR MEMBERS Members who shall be an organisation or a group of two or more individuals, companies, firms, establishments or bodies shall at least seventy-two hours before the commencement of the Annual General Meeting, that is, by 9:00 a.m. on Monday, January 5, 2026, give to the Honorary Secretary or other person acting on her behalf for this purpose written notice of the name and address of one person who shall have been nominated to attend the meeting on the member’s behalf, and such person shall have the voting rights and any other rights and privileges of the member he represents.

List of Members Serving a Second Year on Council Corporations: 1. Jakes Hotel and Spa. 2. Jamaican National Group 3. Sagicor Group 4. National Commercial Bank Jamaica Limited 5. Wisynco Limited 6. Jamaica Fibreglass Products Limited 7. Jamaica Producers Group Ltd. 8. JMMB Limited

Any person entitled to attend a meeting of the Organisation may attend such meeting and vote thereat, whether on a show of hands or by poll, by proxy. A proxy need not be a Member, and a form of proxy is enclosed with this Notice for your convenience. This form should be completed and deposited with the Honorary Secretary at 39 Hope Road, Kingston 10, not less than 48 hours before the meeting. The proxy form should bear stamp duty of $100.00 before being signed. The stamp duty may be paid by adhesive stamps and cancelled by the person signing the proxy.

9. GK Group 10. Rainforest 11. Citi Group 12. FLOW 13. Red Stripe 14. Musson 15. Bank of Nova Scotia Jamaica Limited 16. ICD Group 17. Island Grill 18. Jamaica Pegasus

A Member who is in arrears with his subscription shall not be entitled to vote at any general meeting of the Organisation. Members are reminded of the following provisions of Article III, Clause 2: “Candidates for election to the Council shall be nominated by a Member in good standing and seconded by another Member in good standing. A nominated candidate must be a Member in good standing or must represent an association, company, firm or other non-individual Member in good standing. Nominations duly signed by the proposer and the seconder shall be delivered to the Honorary Secretary of the Organisation at least fourteen (14) days before the date of the meeting. Nominations will not be permitted from the floor.” Accordingly, nominations for Members of Council must be delivered to the Honorary Secretary of the Organisation by 9:00 a.m. Wednesday, December 24, 2025.

19. Jamaica Public Service Company Jamaica Ltd. 20. Sterling Asset Management Limited

Associations 1. Institute of Chartered Accountants of Jamaica (ICAJ) 2. Jamaica Developers Association (JDA) 3. MSME Alliance 4. Medical Association of Jamaica (MAJ) 5. Incorporated Masterbuilders’ Association of Jamaica (IMAJ)

Individuals:

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1. Mike Fennell 2. Charles Ross

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MINUTES OF THE 36TH ANNUAL GENERAL MEETING

Minutes of the 36th Annual General Meeting of The Private Sector of Organisation of Jamaica (The PSOJ) held on Thursday, December 5, 2024, at 9:00a.m. at The Jamaica Pegasus Hotel and Via Microsoft Teams

Present were: See attendance list.

1. Call to Order and Welcome The 36th Annual General Meeting officially commenced with a series of formal protocols and welcoming remarks, establishing the tone for a significant gathering of private sector leaders and stakeholders. Mr. Metry Seaga, President of the PSOJ, called the meeting to order at 9:18 a.m. and extended the welcome to everyone in attendance and to those who joined online. The President proposed that Mrs. Eva Lewis, Honorary Secretary, be invited to preside as Chair of the meeting. The proposal was duly seconded and received unanimous support from all members present. Mrs. Lewis accepted the appointment and assumed the Chair.

2. National Anthem The Chair invited all who were present to stand for the playing of the National Anthem. Following this, she requested that the meeting observe a moment of silence in honour of two distinguished members who passed away during the year and whose contributions to Jamaica’s private sector were both profound and enduring: Dr. the Hon. R. Danvers “Danny” Williams, OJ, CD and the Hon. Lascelles Chin, OJ, CD.

3. Welcome The Chair welcomed everyone present at the Jamaica Pegasus and those who were joining online. She extended special welcome to the Auditors of Star Dot Star Limited/Ventry Foo Young, specifically Mr. Ventry Foo, PSOJ Officers and the new members who joined the PSOJ during the year 2024 and were attending their first AGM, inviting a show of hands from those present in the room. She also took the opportunity to acknowledge former PSOJ Vice President, Mrs. Jackie Sharp, and thank her for her service as a Vice President, having demitted office in December 2023. Special recognition was given to the Officer Corps of the PSOJ, highlighting their leadership roles within the organization.

These included: • Mr. Metry Seaga – President; • Mr. Frank James - Vice President; • Dr. Parris Lyew-Ayee - Vice President, though noted as unfortunately not present at the morning’s meeting; • Mrs. Marian Ross Ammar - Vice President; • Mr. Brian Jardim - Vice President; • Mr. Vikram Dhiman - Honorary Treasurer, who was expected to arrive shortly; • Mrs. Sacha Vaccianna Riley - Executive Director A cohort of newly appointed industry association presidents were recognized including: • Ms. Antoinette Hamilton of the MSME Alliance; • Dr. Cassida Jones Johnson of the Human Resource Management Association of Jamaica (HRMAJ); and • Mrs. Corah Ann Robertson Sylvester of the Shipping Association of Jamaica (SAJ). The work of former association presidents who had demitted office prior to this AGM was also acknowledged: • Mr. Donovan Wignal, MSME Alliance; Ms. Lois Walters, HRMAJ; and • Mr. William Brown, SAJ. Several PSOJ Past Presidents, present in the room and joining online, were recognized and thanked for attending, including: • Mr. Christopher Zacca • Mr. William Mahfood • Mr. Keith Duncan • Mr. Howard Mitchell • Mr. Paul B. Scott

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Apologies were received from Messrs. Douglas Orane, Peter Thwaites and Joe Matalon. Several PSOJ Standing Committee chairpersons were asked to stand for recognition, acknowledging their robust and dedicated year of work on behalf of the PSOJ. They received a round of applause for their service.

4. Notice of Meeting

who had submitted apologies for their absence from the meeting: 1. Bank of Nova Scotia Jamaica Limited 2. J Wray and Nephew 3. Deloitte Advisory Limited 4. Digicel Jamaica Limited 5. DRT Communications Limited

The Chair advised that the Notice convening the 37th Annual General Meeting (AGM) was circulated and asked for a motion to take the Notice as read. The motion was carried by Mr. William Mahfood and seconded by Mrs. Camille Facey. She also confirmed that a copy of the document had been provided to attendees prior to the meeting. The Chair asked the Executive Director, Mrs. Sacha Vaccianna Riley, to confirm that a quorum was in place and to conduct the meeting. Mrs. Vaccianna-Riley confirmed that a quorum was in place, which is thirty (30) members of the duly appointed membership, personally or virtually present, in attendance in accordance with Article VII, Section 14 of the Articles of Association. The Chair proceeded to read the names of corporate members

6. Iron Rock Insurance Company Limited 7. Restaurants of Jamaica 8. Six-T Rent a Car 9. Total Office Jamaica Limited 10. Ferdinand Herrera, SRL

5. Adoption of the Agenda The Chair invited suggested amendments to the agenda which was previously circulated. No amendments were proposed; a motion was requested to adopt the agenda as presented. This motion was made by Mrs. Imega Breese McNab and was seconded by Miss Angela Fletcher.

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6. Approval of Minutes The minutes of the 35th Annual General Meeting, held on Tuesday, December 5, 2023, were previously circulated to all members. The Chair invited attendees to consider the minutes as read and inquired whether there were any proposed amendments. As there were no amendments, Mr. Peter Thwaites moved that the minutes were confirmed and adopted. The motion was seconded by Mr. Christopher Reckord and was carried unanimously.

7. Matter Arising There were no matters arising. The Chair then invited the Executive Director, Mrs. Sacha Vaccianna Riley, to give her a report.

8. Executive Director’s Report for 2024 Mrs. Sacha Vaccianna-Riley, the Executive Director, started by thanking Mrs. Eva Lewis, PSOJ Honourary Secretary and meeting Chair, and greeted distinguished members and valued partners, colleagues and other stakeholders for a robust and inclusive private sector. Mrs. Riley delivered a comprehensive report outlining the secretariat’s achievements, operational transformations, strategic initiatives, and future vision for the PSOJ. Her report emphasized continuous innovation, adaptability, and a member-first approach. Mrs. Vaccianna-Riley expressed gratitude for the continued confidence in the PSOJ, noting the tremendous turnout of members. She highlighted that the organization thrives on members’ commitment, engagement, and a shared vision for a robust and inclusive private sector. The commitment to service originates within the secretariat, whose team members were recognized for their dedication to serving and supporting the members. The past year was characterized as one of introspections and transformations for the PSOJ secretariat. In an era of rapid change, the secretariat recognized that its ability to effectively support member needs relies on continuous innovation, adaptability, and a member-first approach. Staff participated in specialized training in areas such as digital transformation and stakeholder engagement. These improvements were not just for change’s sake but to ensure prompt and effective responses to members’ needs. These enhancements are integral to the larger goal of maintaining a robust and effective team. The secretariat sees itself not just as a support system but as a partner in the members’ success, evolving operationally, building capacity, and deepening strategic partnerships to support growth and development. Mrs. Vaccianna Riley updated the meeting that the PSOJ has ten (10) standing committees that are central to its strategic advocacy agenda. These committees are the driving force

behind advocacy, shapers of policy positions, and champions of private sector development. Their work reflects the PSOJ’s commitment to creating an environment conducive to business thriving, encouraging innovation, and fostering sustainable growth. Accordingly, she invited the meeting to take a moment to recognize the stellar contributions committee chairs have made. She asked each Committee chairperson to present to stand and be recognized. The following chairpersons were invited to accept a small token of appreciation: • Mr. Christopher Reckord, Chair of the Innovation and Digital Transformation Committee; • Mrs. Camille Facey, Chairperson for the Corporate Governance and Listed Companies Committee • Mrs. Marian Ross Ammar, Chairperson of the Economic Policy Committee. • Mrs. Nadine Seaga, Chairperson of the Membership Committee. Special mention and recognition were offered to those committee chairs who, despite their absence, deserved the applause. These included: • Mrs. Eleanor Jones, Chairperson of the Energy, Environment and Climate Change Committee; • Ms. Maya Johnston, Chairperson of the Human Capital Development Committee; • Miss Renee Morrison, Chairperson of the Gender & Disability Affairs Sub-committee; • Lieutenant Commander George Overton, Chair of the National Security and Justice Committee; • Mr. Dave Cameron, Chair of the Sports and Entertainment Development Committee; • Messrs. Metry Seaga and Howard Mitchell, co-chairs of the National Values and Attitudes Advancement Committee. The Executive Director’s report highlighted specific accomplishments and strategic impact of several committees, emphasizing their role as powerful engines of advocacy:

Corporate Governance and Listed Companies Committee (Chair: Mrs. Camille Facey): • Instrumental in elevating governance standards across Jamaica’s business landscape over the last year. • Adopted a forward-looking approach to governance, developing frameworks to prepare businesses for future challenges. • Their work spans from supporting MSMEs to guiding listed companies, ensuring good governance practices are accessible and implementable across all sectors.

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• Engages in advocacy with regulatory bodies and collaboration on legislative reforms to create an enabling environment for business growth.

ate business needs (e.g., energy costs) while advancing longer-term goals of environmental sustainability and climate resilience.

Economic Policy Committee (Chair: Mrs. Marian Ross Ammar):

• Helps shape policies that balance business growth with environmental responsibility, from practical energy solutions to strategic environmental initiatives. Their work on the Integrated Resource Plan and various environmental conservation projects demonstrates a commitment to sustainable business practices.

• Established itself as a vital bridge between the private sector and key economic stakeholders. • Publishes an influential quarterly economic bulletin providing members with essential macroeconomic analysis. • Engages strategically through quarterly sectoral meetings with the Bank of Jamaica and high-level discussions with stakeholders, including the Minister of Finance and the Public Service, ensuring the private sector’s voice shapes monetary and fiscal policy decisions. These efforts bring together diverse sectors, from construction to agriculture, demonstrating commitment to representing interests, and fostering an environment for growth.

Energy, Environment and Climate Change Committee (Chair: Mrs. Eleanor Jones): • Positioned at the forefront of Jamaica’s Sustainable Development Agenda. • Adopts a comprehensive approach, addressing immedi-

Human Capital Development Committee (Chair: Ms. Maya Johnston): • Takes a holistic approach to workforce development, recognizing that today’s educational decisions will impact tomorrow’s workforce. • Engages deeply in educational reform while addressing immediate skills gaps. • Research and advocacy cover areas from early childhood education to workplace policies, aiming to build a workforce capable of driving Jamaica’s economic growth. • Working on parental benefits and skills development programs highlights commitment to creating a more resilient and competitive workforce, starting from homes and communities.

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Innovation and Digital Transformation Committee (Chair: Mr. Christopher Reckord): • Emerged as a crucial driver of technological advancement in Jamaica’s business sector. • Work extends beyond digital adoption to shaping how businesses navigate the digital age securely and effectively. • Led the charge in DPA (Data Protection Act) implementation and conducted research on artificial intelligence and other important topics. • Develops cybersecurity frameworks and artificial intelligence guidelines, helping businesses embrace technological change while managing associated risks.

National Security and Justice Committee (Chair: Lieutenant Commander George Overton): • Adopts a comprehensive approach to addressing the longstanding scourge of crime and its impact on business operations. • Their work encompasses both immediate security concerns and longer-term strategic planning for a safer business environment. • Engages with law enforcement agencies and contributes to legislative reforms to create the secure environment necessary for business growth. She noted that a particularly encouraging aspect is how these committees work together, creating synergies that amplify their impact. This collaborative approach, involving cross-sector initiatives, aligned advocacy, and shared expertise, ensures complex challenges are addressed comprehensively. Mrs. Vaccianna-Riley shared details of work being done by the PSOJ leadership to ensure organizational sustainability and enhance member service through the construction of a new building facility, dubbed the “39HR Sustainability Project”. A joint venture agreement has been signed for a new multi-story facility at the PSOJ’s current 39 Hope Road location. The project, a collaboration with the Victoria Mutual Group, is not just about a new building but about creating a space to better support all businesses and foster business growth and success. The development is expected to feature over 32,000 square feet of Class A office space in a prime location. A significant portion will be dedicated to serving members through leasing opportunities. The Executive Director also shared plans for digitization and member engagement initiatives to be led by the Secretariat in the coming year. Central to this is the launch of a new stateof-the-art website and member portal in 2025. This digital platform will enable members to access resources, participate in programs, and engage with insights. The aim is to

personalize services for members by leveraging data-driven insights, ensuring unique needs are met with precision. Also, streamlined processes are being implemented to reduce response times and enhance service quality for members. The goal is to provide frictionless experience for accessing benefits, participating in advocacy, or utilizing PSOJ resources. As usual, newsletters and bulletins will continue to evolve, offering actionable insights and opportunities tailored to industry, business, and needs. Finally, a “PSOJ Member Meter” program will be launched to provide a platform for members to regularly voice opinions on topical issues, helping the PSOJ stay informed and align with membership priorities. Recognizing the strength in its diverse membership, the PSOJ will prioritize creating opportunities for intra-PSOJ collaboration in 2025. This will be facilitated through structured platforms like business forums. A new pilot program, called “The Vine” – intended to facilitate procurement opportunities, partnerships, and member-driven initiatives, will be launched in Q1 2025. The aim is to facilitate connections that drive mutual growth between businesses, unlock new opportunities, build resilience, and create a more cohesive private sector. Members are encouraged to express interest in participating in this business-to-business model. She further noted that a thriving private sector requires empowered businesses, entrepreneurs, and individuals. In 2025, capacity-building programs will expand, focusing on four critical areas: • Youth and Entrepreneurship: Programs will include mentorships, skills training, and networking opportunities for young professionals and entrepreneurs. Partnerships with organizations like the Heart NSTA Trust and the Jamaica Defense Force will facilitate internship opportunities as part of their national service program. The goal is to inspire and equip the next generation of leaders. • Women in Business: The launch of a resolute Women in Business program will support female entrepreneurs and executives. Informed by regional and international best practices, it will provide tailored resources and support for women-owned businesses to thrive. • Trade Facilitation: The PSOJ is committed to helping businesses navigate and capitalize on trade opportunities. This will include workshops and trade missions to unlock the potential of regional and international markets. • Access to Finance: Addressing the “bugbear” of access to finance, especially SMEs (which comprise over half of the membership), the PSOJ will leverage its relationship networks and partnerships to improve access to financial facilitation. The PSOJ will deepen its existing partnerships with multi-

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lateral agencies in 2025. These collaborations are expected to provide technical and financial resources to support initiatives and advance the attainment of Sustainable Development Goals (SDGs) and Jamaica’s 2030 Vision goals, particularly in areas like economic growth, innovation, food security, and climate resilience. These partnerships will also facilitate knowledge sharing and capacity building for members through exchange programs and cross-border projects, bringing cutting-edge solutions to Jamaica and positioning PSOJ as a leader in international and regional private sector advocacy. Engaging with Diaspora interests, particularly in North America, the UK, and other emerging spaces in Africa and further afield, is a key focus for 2025, holding significant potential for partnerships with the PSOJ. To complement its advocacy agenda, the secretariat will focus on enhancing governance by strengthening internal frameworks; it will streamline advocacy by working closely with committees to translate advocacy into tangible outcomes. The PSOJ also aims to deepen its association integration. The overall focus for 2025 is clear - empowering members through innovative solutions, expanded opportunities, and strengthened support. The Organisation is already envisioning its 50th anniversary

in 2026 as a transformative milestone. This celebration is seen not just as an opportunity to honor the legacy and distinguished leaders of the institution but as a chance to reimagine the PSOJ for the next 50 years. It is viewed as a catalyst for redefining the organization to meet evolving expectations, drive meaningful changes, and continue championing the interests of members and the nation. She strongly encouraged members to engage with the PSOJ through its digital platforms, committees, events, or programs, as their participation is vital. Insights and feedback ensure that the PSOJ remains responsive, innovative, and impactful. Mrs. Vaccianna-Riley concluded by thanking members for their continued trust, support, and partnership, and recognized the officers, secretariat staff, and sponsors for their unwavering support. She expressed confidence that together, remarkable things will be achieved for Jamaica’s private sector.

9. The PSOJ President’s Report Following the Executive Director’s report, Mr. Metry Seaga, the President of the PSOJ, delivered his report, providing a high-level overview of the private sector’s performance, key advocacy areas, and the organization’s strategic priorities for the coming year.

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Mr. Seaga opened his remarks by graciously extending birthday wishes to his wife, Mrs. Nadine Burrowes - Seaga. He then proceeded to warmly welcome the distinguished guests and members of the PSOJ, reiterating his morning greetings with sincere appreciation for their presence. Reflecting on the year 2023, Mr. Seaga highlighted the remarkable resilience and growth of Jamaica’s business community when faced with challenges, particularly coming out of the devastating Covid-19 pandemic. The private sector, both large and small businesses, found smart ways to grow, embracing modern technology, building partnerships, and improving business methods. The key takeaway was not just the achievements, but how they were achieved: through careful planning, smart decisions, and a focus on long-term stability. His approach emphasized building something lasting that strengthens Jamaica’s economy for everyone, balancing growth with resilience, seizing opportunities while managing risks, and driving innovation while maintaining stability. He stated that the foundation of the transformation lies in economic performance. The PSOJ is ready to collaborate with the government and all stakeholders to shape a brighter future for Jamaica. Fiscal discipline and debt reduction remain top priorities. The PSOJ continues to advocate for a clear and sustainable path to reducing Jamaica’s debt-to-GDP ratio. The government’s target of 60% by fiscal year 2027-2028 was noted, and the PSOJ will hold them accountable for this. A more manageable national debt will provide greater fiscal space for investment in critical infrastructure, social services, and programs that drive economic growth. He highlighted that the achievement of a BB- credit rating from Standards & Poor’s (S&P) in September 2023 marked a historic milestone, reflecting growing international confidence in the country’s economic management. Despite these achievements, complexities remain: • GDP growth of 2.6% in 2023, though positive, lags regional counterparts. • Inflation at 6.8% in 2023 remains a significant challenge impacting businesses and consumers. The economy’s vulnerability to external shocks is acknowledged. • For the private sector to thrive, confidence in the fiscal space is crucial. The PSOJ urges continued prudent fiscal management for long-term macroeconomic stability, while emphasizing the need to focus on growth. The PSOJ’s response to these challenges demonstrates its commitment to strategic leadership. The organization remains steadfastly engaged with the government following the announcement of the national growth strategy. As more

details emerge, the PSOJ will work to ensure that the fiscal discipline achieved across political administrations is maintained. In a spirit of collaboration, the PSOJ supports the newly established Fiscal Advisory Council and is ready to serve in any capacity to ensure its success.

Regional Partnerships and Trade Expansion • Building on a strong domestic foundation, the PSOJ expanded its horizons through strategic regional partnerships. The Dominican Republic-Jamaica Business Forum was a watershed moment, opening access to a market of 11.2 million consumers with a GDP of $113.6 billion US dollars. • This regional focus has already yielded tangible results, with exports growing from $1.2 billion to $1.6 billion between January and September 2023. • A crowning achievement was the signing of a Memorandum of Understanding (MOU) with CONEP, the PSOJ’s Dominican Republic counterpart. This first-of-itskind agreement establishes a structured framework for bilateral trade and investment, creating new pathways for business collaboration.

Vision for Jamaica as a Logistics Centered Economy The vision for Jamaica as a logistics center economy continues to drive strategic initiatives. The PSOJ maintains that Jamaica can be the region’s premier logistics center economy.

Productivity Challenges and Workforce Development President Seaga remarked that Jamaica continues to fall short of regional benchmarks in productivity growth. The private sector calls for a concerted effort to enhance productivity across all sectors. This requires comprehensive reforms in the education system to equip the workforce with necessary skills for modern technology, as well as investments in technology, innovation, and efficiency improvements across industries. Improved output per worker is essential for global competitiveness. Significant skills gaps and labor shortages faced by Jamaica’s private sector were brought into sharp focus in 2023. Jamaica has a net migration rate of almost minus 4%, and labor productivity decreased annually by nearly 1% on average from 2018 to 2022. The PSOJ remains committed to partnering with stakeholders, including the government, for solutions. The PSOJ is a partner in the LIFT program alongside Heart NSTA Trust. So

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far, the PSOJ has facilitated the employment of over one hundred (100) youths across member organizations. This marks the beginning of a five-year commitment to transform 2,500 young lives through professional training and job placement.

Crime Advocacy and Project STAR Crime remained a critical focus of advocacy in 2023. The PSOJ actively championed the re-engagement of both political parties in the Crime Monitoring and Oversight Committee (CMOC), recognizing its crucial role in reducing crime, violence, and corruption. The approach emphasized direct engagement with government and opposition, pushing for acceleration of key legislative measures and identification of revised targets under the national consensus on crime. Mr. Seaga reported that through collaboration with CMOC and the government, major crimes and murders have been reduced by 17% over the last two years. He emphasized that a thriving economy requires a safe and stable environment. Project STAR has emerged as a transformative force in communities during its second year of implementation, achieving remarkable results in community transformation and economic empowerment.

Significant achievements in 2023-2024 include: • 891 residents, including 18% of at-risk youth, gained access to new economic opportunities. • 575 resident entrepreneurs and local businesses received crucial business development support. • 693 residents received ongoing psychosocial support. • 1,526 community members led the development of four community transformation action plans. • A 59% increase in stakeholder collaboration and partnership participation was witnessed. President Seaga thanked Keith Duncan, the immediate past president, for his significant work in this field and for continuing to champion Project STAR.

Joint Venture Agreement for 39 Hope Road After years of planning, the establishment of the strategic Joint Venture Agreement with VM Group for the development of the historic 39 Hope Road location was a significant achievement. This project represents not only a major step in the organization’s sustainability efforts but also an important diversification of its revenue stream. Mr. Seaga thanked Mr. Rezworth Burchenson (VM Group)

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and Vikram Dhiman, the Honorary Treasurer, for their resolute work in making this happen. As the PSOJ moves into 2025, its agenda is ambitious, clear, and sharply focused on advancing private sector-led growth to position Jamaica as a dynamic, resilient, and inclusive economy. • Establishment of a Fiscal Advisory Council: This Council will be crucial in maintaining transparency and

accountability vital to economic progress. • Jamaica as a Logistics Hub: The PSOJ remains committed to playing its part in transforming Jamaica into a logistics hub for the Caribbean by strategically attracting viable private sector ventures and investments into its Special Economic Zones (SEZs), aiming to unlock significant economic growth. • Fight Against Crime: This will remain one of the PSOJ’s

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critical priorities in 2025, with full support recommitted to Crime Stop, a beacon for effective crime-fighting for over 35 years. • Ethical Leadership and Integrity: With 2025 being an election year, the call for ethical leadership and integrity will be amplified, not only in politics but across the business community. The PSOJ will work with civil society to set standards for positive, ethical, social, and business behavior, leading by example to foster a culture of accountability and reduce corruption, thereby laying a foundation for national renewal. • Increased Public-Private Partnership (PPP) Opportunities: The PSOJ will actively seek and advocate for more PPP opportunities to deliver critical infrastructure services and innovations that have been lagging for a number of years. • Deepening Bilateral Trade Agreements and Export Growth: Beyond the existing export growth strategy, the PSOJ will prioritize deepening penetration of existing bilateral trade agreements and pursuing new opportunities arising from geopolitical developments. The aim is to push private sector entities to become active exporters, as many agreements, particularly with close Central and Latin American neighbors, remain underutilized. • Removal of Red Tape and Business Facilitation Reforms: Bureaucracy and outdated legislation continue to stifle business innovation and competitiveness. The PSOJ will renew its advocacy for the removal of red tape through enhanced business facilitation reforms, including modernizing administrative processes and eliminating antiquated laws that increase the cost of doing business, fostering a more competitive economic environment. The PSOJ stands ready to serve in any capacity necessary to eliminate growth-hampering bureaucracy. • Workforce Transformation: Recognizing that the country’s ambitious growth agenda demands a transformed approach to Jamaica’s workforce, the PSOJ will pursue a dual strategy. This includes advocating for streamlined regulated labour importation to meet immediate sector needs, while simultaneously investing in the future by championing productivity through technological advancements, expanding industry-aligned training programmes, and pushing for modern labour laws that encourage investment in people. By addressing both immediate skills gaps and long-term workforce development, the PSOJ aims to build the human capital foundation needed for Jamaica’s economic transformation.

expertise, and dedication to advocacy efforts. • Members serving on national committees and advisory boards: Their efforts have secured the organization a vital seat at the table of governance and contributed to advancing the national agenda. • Executives, Council, and Officers: For their effectiveness in advancing the PSOJ’s mission and building a more resilient private sector. • Executive Director, Sacha Vaccianna-Riley, and the dedicated secretariat team: For their professionalism and commitment in executing strategic initiatives and maintaining high service standards. Sacha’s leadership ensures that the secretariat remains in the operational backbone of the PSOJ. • Members: the very heart of the PSOJ, Mr. Seaga expressed being overwhelmed by the support and noting this was the largest AGM he had seen. Their engagement drives success. • Wife, family, and business partners: Who allows him the time and space to serve and give back to this country. In closing, the President encouraged continued commitment to advancing policy reforms and fostering societal transformation, with a view to positioning Jamaica’s private sector as a model of excellence on the global stage. The meeting was handed back over to the Chair.

10. Recognition of Significant Accomplishments and Awards Before proceeding with the formal agenda, it was deemed important to recognize the significant accomplishments and awards bestowed upon some of the PSOJ’s members during the past year.

PSOJ members Awarded the Order of Jamaica • Dr. The Honorable Glen Christian, of CARIMED, was honored with the Order of Jamaica. • Mr. Gary “Butch” Hendrickson, of Continental Baking Company Limited, received the Order of Jamaica for his stellar contributions to entrepreneurship. • Mr. Don Wehby, CEO of Grace Kennedy Group, was awarded the Order of Jamaica in recognition of his contributions to business.

Additional National Awards (Order of Distinction):

Mr. Seaga concluded by extending his deepest gratitude to all who were instrumental in the PSOJ’s progress:

• Mr. Courtney Campbell, President and CEO of the VM Group was awarded the Order of Distinction for service in the field of financial operations.

• Committee Chairs and Members: For their service,

• Mr. Paul Simpson of Cornerstone received the Order of

PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • Minutes of 37th AGM | 19 |

Distinction in the rank of Commander. • Dr. Winston Adams, OD/JP, President of the University College of the Caribbean, was honored with the Order of Distinction in the rank of Officer for his contributions to innovation in higher education. • Mr. Wayne Chen, President of The Jamaica Employers Federation was awarded the Order of Distinction in the rank of Commander.

Other Significant Awards: • Mrs. Thalia Lynn, founder of Island Grill and a PSOJ Hall of Famer, was honored with the prestigious Order of the White Elephant for exemplary service from the Royal Thai General Consul in Jamaica. • Mr. Christopher Zacca, President and CEO of Sagicor Group Jamaica Limited, was awarded the 2024 American Friends of Jamaica (AFJ) International Award. He was also inducted into the PSOJ’s Hall of Fame and was a recipient of a University of Technology (UTECH) honorary degree for nation building. • Mr. Brian Jardim, CEO of Rainforest Caribbean and current PSOJ Vice President, is to be inducted into the Montego Bay Chamber of Commerce & Industry’s (MBCCI) Hall of Fame at their 92nd Annual Awards banquet on December 7th, 2024.

11. Independent Auditor’s Report and Financial Report Summary The formal agenda continued with the presentation and adoption of the auditor’s report and a summary of the PSOJ’s financial performance.

Motion to Waive Notice Period for Audited Accounts • The Chair reported that the audited accounts for the year ended December 31st, 2023, which formed part of the executive committee’s annual report, had been circulated prior to the AGM. A motion and subsequent resolution were however needed to waive the notice period required by the Articles of Association for the submission of the audited report before the AGM. • This motion was put forward to allow the presentation and adoption of the audited financials, Mr. Richard Coe made the motion, which was seconded by Mr. Christopher Reckord. • The resolution to waive the 21-day notice period for the auditor’s report was passed, allowing the meeting to proceed with the adoption of the audited financials audited in the 36th AGM report.

12. Auditor’s Report (Read by Mr. Ventry Foo) Mr. Ventry Foo, the auditor’s representative from Start Dot Star t/a Ventry Foo Young Auditing Company, was invited to read the auditor’s report for 2023. The Auditor expressed the opinion that the audited financial statements present a true and fair view of the Company’s financial position as at December 31, 2023, and of its financial performance and cash flow for the year then ended. The audit was conducted in accordance with International Financial Reporting Standards (IFRS) and the requirements of the Jamaica Companies Act. In accordance with Section 160 of the Jamaica Companies Act, the Auditor confirmed that all requisite information and explanations were obtained during the audit. He further stated that proper accounting records had been maintained in his opinion, and the financial statements were consistent with those records and complied with the disclosure requirements of the Act. Following the auditor’s report, a motion for the adoption of the audited financials was made by Mrs. Camille Facey. The resolution for the acceptance of the audited financials of December 2023 for the PSOJ to be adopted in this AGM was put to a vote by a show of hands, and it passed with a majority.

13. Honorary Treasurer’s Report Mr. Vikram Dhiman, the Honorary Treasurer, summarized the PSOJ’s financial performance. Surplus for 2023. The surplus for 2023 was $18 million. This was highlighted as significant because it marked three consecutive years of surpluses for the organization. The main reason for this sustained surplus was the initiation of the Partner Circle in 2022. This initiative led to partner companies contributing significantly higher sums as subscriptions to the PSOJ. The core idea behind the Partner Circle was to create a sustainable organization, not just from a revenue perspective, but also to provide resources for the secretariat to effectively perform its functions, particularly advocacy for the private sector. Mr. Dhiman emphasized that the Partner Circle’s contribution should not be a temporary measure simply for the duration of the 39HR joint venture building project, but it is crucial to maintaining a vibrant private sector advocacy organization. He stated that larger entities need to support the organization proportionately. He reinforced the need for the continuation of this model as additional resources are needed to

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ensure the continuation of the impactful and necessary work of the PSOJ. Revenue Growth. Revenue for 2023 was approximately $187 million, a significant increase from $120 million and prior years when it was less than $100 million. This growth indicates that the necessary elements for the organization’s financial sustainability are in place. Mr. Dhiman stated his goal to get a surplus of over $100 million to ensure much greater stability going forward, acknowledging the organization is on that path.

Progress on the 39 HR Joint Venture Building Project Mr. Dhiman was pleased to report considerable progress has been made on the building initiative. • The design has been finalized. • The financial model is complete. • The transfer of land from the PSOJ to the Joint Venture (JV) company is imminent, expected within the next 10 days. • The JV agreement was signed. • All the necessary professionals are contracted and in place. • He is hopeful for submission to the building planning authorities to start building within the next three to four months, which is a major step forward. He thanked the Executive Director, Mrs. Sacha Vaccianna Riley, for her intentional efforts in moving these items forward, the Secretariat and the entire PSOJ staff. He also acknowledged the new CFO, Rohan Anderson, for his work, as well as Mr. Ventry Foo for his support with the audit.

14. The Adoption of Accounts and Reports The Chair informed the meeting that a motion had been duly moved for the acceptance and approval of the Reports of the President and the Executive Committee for the fiscal year ending December 31, 2023, as presented. The motions being passed and seconded, it was resolved that the Reports of the President and the Executive Committee be adopted as presented. The following resolution was carried unanimously: THAT the Reports of the President, the Executive Committee, the Auditors, and the Financial Statements of Accounts for the year ended December 31, 2023, be and are hereby adopted.

15. Appointment of Auditors The Chair read Resolution 4a, stating “That Star Dot Star Limited/Ventry Foo Young, Chartered Accountants, continue to serve as the external auditors of the Private Sector Organisation of Jamaica, on such terms as may be approved by the Executive Committee.” The Chair further moved a motion “THAT Star Dot Star Limited, Ventry Foo Chartered Accountant having agreed to continue in office as Auditors, be and are hereby reappointed Auditors for the Company to hold office until the conclusion of the next financial year. The Executive Committee of the Private Sector Organisation of Jamaica be and is hereby authorized to issue a Request for Proposal, if deemed necessary, and to approve the remuneration and terms of engagement for audit services to be provided by Ventry Foo Young for the financial year ending December 31, 2023.” The motion was duly moved by Mr. Christopher Reckord and seconded by Mr. Rezworth Burchenson, of VM Investments Limited. There being no objections; the motion was unanimously carried, and the Resolution adopted.

16. Elections of New Council Members/Results The Chair announced that the election of the new Council for 2025 – 2026 would now be conducted, virtually and in person.

Voting Process: • Voting would take place across all four categories of membership • Members would be given time to cast their votes; There were twenty nominees for the corporate category, five for Associations, one for Overseas members, and two for Individual nominees. • Voting could be done in person or online.

Withdrawal of Nominees It was announced that Senator Aubyn Hill had withdrawn his nomination for individual membership, as he is a member of the public sector and therefore not qualified. Members were instructed to ignore this nomination during voting.

Announcement of Election Results The election results for the new members elected to the PSOJ Council 2025-2026 were announced:

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Corporate Category (20 new members), these new members will serve alongside ten existing members still within their term. The newly elected corporate members are: • WISYNCO Group Limited; • Grace Kennedy Limited;

• Bank of Nova Scotia Limited; • Rainforest Limited;

• Jamaica Money Market Brokers; • Sagicor Jamaica Limited;

• Continental Baking Company Limited; • Jamaica Producers Group Limited;

• Jamaica Fiberglass Products Limited; • Red Stripe;

• National Commercial Bank Limited; • Flow Jamaica;

New Council in Effect The Chair called for a motion confirming that the newly elected council is now in effect for 2025. All were in favour, and the Resolution was carried. The Chair congratulated all the newly elected Council members, alongside those continuing to serve for a second year. All were invited to attend the first meeting of the new Council scheduled for Thursday, December 12th, 2024, at 4:30 p.m., via Microsoft Teams. General reminders and meeting notices will be circulated. She urged everyone to attend this meeting where elections for the new Executive Committee will take place. Minutes of the 3ih Annual General Meeting of The Private Sector of Organisation of Jamaica (The PSOJ) Held on Thursday, December 5, 2024, at 9:00 a.m. at The Jamaica Pegasus Hotel and Via Microsoft Teams

• Jamaica Public Service Limited;

17. Any Other Business

• Citi Group;

There were no matters raised.

• Island Grill;

18. Termination

• Musson Jamaica Limited; • The ICD Group;

• Jake’s Hotel Villas and Spa; • Jamaica Pegasus Hotel;

• The Jamaica National Group. Association Category (5 new members), out of seven nominees, five were chosen. The newly elected Association members are: • The Institute of Chartered Accountants of Jamaica; • The Medical Association of Jamaica; • The MSME Alliance;

• The Jamaica Developers Association; and • The Incorporated Master Builders Associations Limited. Individual Category (2 new members): Four members were initially nominated, but one withdrew, leaving three candidates from which two were selected. The two elected individual members are: • Charles Ross; and

The Chair expressed thanks for the robust attendance at the meeting, both physically and online. She extended heartfelt wishes for a safe, joyful, and peaceful Christmas season to all attendees, their businesses, and their families. She further expressed hopes for a prosperous New Year, underscoring the collective mission of the private sector to work together in making Jamaica a place where families can thrive, and lives can be lived in peace, harmony, and lasting prosperity. A motion was requested from the floor for the termination of the meeting. Mrs. Lisa Johnston, of Jamaica Producers Group, made the motion, which was seconded by Mrs. Nadine Burrowes - Seaga. The meeting was then officially terminated.

Mrs. Eva Lewis

Chair of the Meeting

• Mike Fennell.

Overseas Category (1 new member): The entity elected to serve in the overseas member category is: • Deloitte Advisory Limited.

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2024 AGM Attendance IN PERSON ATTENDANCE

COMPANY

Brian Jardim

Rainforest Caribbean

Eva Lewis

Citi Group

Marian Ross

Sterling Asset Management

Antoinette Hamilton

The MSME Alliance

Rezworth Burchenson

The VM Group

Dennis Grant

CARIMED

William Mahfood

WISYNCO

Geoff Waddington

Real Decoy

Kamille Jackson

Individual Member

Dave Dixon

Barita

Hope Stewart

DOT Personnel

Camille Needham

JHTA

Licea-Ann Smith

Jamaica Developers Association

Mariame Robinson

Individual Member

Andrew Nooks

Individual Member

Lisa McGregor Johnston

Jamaica Producers Group

Morris Nelson

Bank of Nova Scotia Jamaica Ltd.

Carlton Henry

Klazin Future Technology

Shalette Ashman

The Learning Hub

Vikram Dhiman

The ICD Group

Chris Zacca

Sagicor Group

Stacy Lawrence

Supreme Essential Therapy Limited

Nadene Seaga

People Development Consultants

Tanya Cameron

Shades of Africa

Desmond Campbell

Cleared Identity Limited

Don Gittens

Manpower and Maintenance Services

Angela Fletcher

Xsomo

Metry Seaga

Jamaica Fiberglass Products

Richard Coe

Fleetwood Jamaica

Imega Breese McNab

Carreras Limited

Kamla Rampersad-deSilva

Caribbean Corporate Governance Institute

Cassida Jones Johnson

Human Resources Managers Association of Jamaica

Conroy Rose

ARC Manufacturing

Frank James

GK Group

Wayne Chen

Jamaica Employers’ Federation

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2024 AGM Attendance (Cont.) IN PERSON ATTENDANCE

COMPANY

Sydney Thwaites

Jamaica Manufacturers’ Association

Joseph O. Robinson

National Rums

Camille Facey

Facey Law (Attorneys-at-Law)

Felix Whyte

Environmental Solutions Ltd.

Andre Thompson

Regions Financial Services

Sophia Harris

LAU Global Consulting

Andrew Manning

Medical Association of Jamaica

Anthony Smith

RJR/Gleaner Communications Group

Chris Reckord

Individual Member

David McBean

Mona School of Business and Management

Ann Marie Sorrell

Mozaic Marketing

Jonathon Khoury

Remax Elite Realty

Mike Henry

Cleared Identity Limited

Christopher Green

Cybertel Services Limited

Kamesha Blake

JMEA

Corah Ann Robertson Sylvester

Shipping Association of Jamaica

Shamar Clarke

Caribbean Assurance Brokers

David McBean

Mona School of Business and Management

Michca- Mae Saunders

Policy and Research Analyst

Tahj Smith

Senior Policy and Economic Research Analyst

Neshae Johnson

Policy and Research Officer

Sacha Vaccianna Riley

Executive Director (PSOJ)

Georgette Bolton Smith

Chief Operations Officer (PSOJ)

Patrene Davis - Walcott

Recording Secretary

Rohan Anderson

Finance Manager (PSOJ)

Cheryl Neil Barnes

Human Resource & Admin Manager (PSOJ)

Cherine Forbes

Marketing & Development Manager (PSOJ)

Tashna Toya Edwards

Senior PR, Marketing and Communication Executive

Tamia Williams

Digital Content Creator

Sashana Shryer

Membership Services Officer

Simone Williams

Administrative Services Officer

Shanne Thomas

Administrative Services Officer

Zhane Rutherford

Senior Member Engagement Officer

Jamila Campbell

Events & Sponsorship Assistant

Akeem Atkins

Accounts Payables Clerk

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2024 AGM Virtual Attendance VIRTUAL ATTENDANCE

COMPANY

Alicia Ganess

Eckler

Andrew Tom

Ernst & Young

Christina Howell

Pan Jam Group

Constance Dalmadge Hall

Eckler

Derrick Nembhard

Jamaica Flour Mills

Ferris J. Ziadie

Individual

Hyacinth Simmonds

International Credit Management Solutions

Janet Caroo

UWI TV

Jean Lowrie-Chin

Procomm Communications Limited

Jemal Stupart

Onyx Media Ltd.

Jennifer McDonald

Individual

Jheanell Thompson

First Care Jamaica

Karen Tomlinson

KT Training Solutions

Keith Duncan

JMMB

Marc-Maurice Frankson

Designs By Marc

Nadine Spence

Six-T Rent-A-Car

Nickeisha Walsh

Individual

Norman Horne

ARC Manufacturing

Ossey Farr

Individual Member

Patrice Antonette Pinkney

Niche Entertainment Group

Renee Morrison

Total Office Ltd.

Saffrey Brown

The LEAP Project/Project STAR

Shauna Guthrie

IG General Services Limited

Stacey Halsall Peart

Advanced Integrated Systems

Stephen Greig

Individual/ Mills Bellamy Greig (Attorneys-at-Law)

PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • Minutes of 37th AGM | 25 |

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DIRECTORS’ REPORT

FOR THE YEAR ENDED DECEMBER 31, 2024

The Directors are pleased to present their report for the year ended 31 December 2024 and submit herewith the Income Statement and Statement of Financial Position for the Private Sector Organisation of Jamaica (PSOJ) as at that date.

Operating Results Revenues

$’000 196,266

Profit before Taxation

9,834

Net Profit After Tax

6,405

being the members in each such category who have been longest in office since their last election) retire by rotation and being eligible, offer themselves for re-election.

i. Membership Category: Organisations and Associations - Article 1, Clause 3 (a)¹: 1. Jamaica Bankers Association (JBA)

2. Shipping Association of Jamaica (SAJ)

Directors

3. Insurance Association of Jamaica (IAJ)

The Directors as at 31 December 2024 were as follows: • Metry Seaga – Chairman

4. Realtors Association of Jamaica (RAJ) 5. Jamaica Hotel and Tourist Association (JHTA) 6. Human Resources Managers Association of Jamaica (HRMAJ)

• Sacha Vaccianna Riley – Executive Director • Vikram Dhiman – Honorary Treasurer

7. Jamaica Manufacturers’ and Exporters’ Association (JMEA)

• Eva Lewis – Honorary Secretary • Brian Jardim

8. Jamaica Employers’ Federation (JEF)

• Gail Moss-Solomon

9. Jamaica Gasolene Retailers’ Association (JGRA)

• Dr Parris A. R. Lyew-Ayee Jr.

10. Jamaica Securities Dealers’ Association (JSDA)

• Hugh Grant In accordance with Article III, Clauses 5 and 6 of the Organisation’s Articles of Incorporation, the following members of the Council (being (i) one-half of the members of the Council in each of the 4 categories of membership of the Organisation as indicated, and (ii)

ii. Membership Category: Individuals Article 1, Clause 3 (b)² 1. Mr. Stephen Greig

2. Dr. Parris Lyew-Ayee 3. Mrs. Mariame McIntosh Robinson

1 “Organisations, associations, groups or bodies whether national, regional or parish representative of any service, field or interests within the Private Sector or any part thereof. This category shall not include companies or firms primarily doing business or trading, nor shall this category include organisations, associations, groups and bodies which in the opinion of the Committee are not effectively representative of their particular field at an essentially national, regional or parish level…”. 2 “Individuals, whether male or female, who shall have attained the age of 18 years as at the date of application for membership and who are resident in Jamaica and who are by principal occupation members of the Private Sector, provided, however, that no person is eligible for individual membership who is a sole proprietor, controlling partner or controlling shareholder of a business, firm, company or other enterprise conducted for profit, unless such enterprise is also a Member.” [of the Organisation]

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iii. Membership Category: Companies – Article 1, Clause 3(c)³

1. RJR/Gleaner Communications Group Jamaica Limited 2. Fontana Limited 3. Continental Baking Limited 4. VM Group Limited 5. PanJam Limited 6. Jamaica Broilers Group (JBG) 7. CARIMED Ltd. 8. Seprod Limited 9. J. Wray & Nephew Limited

iv. Membership Category: Associate Overseas Member – Article 1, Clause 3 (d)4 N/A

Auditors Star Dot Star Consulting Limited, the present Auditors, have signified their willingness to continue in office pursuant to section 154 of the Companies Act, 2024. The Directors wish to express their appreciation to the management and staff for their achievements during the year.

List of Members Serving a Second Year on Council (to December 2026) Corporations: 1. Jakes Hotel and Spa. 2. Jamaican National Group 3. Sagicor Group 4. National Commercial Bank Jamaica Limited 5. Wisynco Limited 6. Jamaica Fibreglass Products Limited 7. Jamaica Producers Group Ltd. 8. JMMB Limited 9. GK Group 10. Rainforest 11. Citi Group 12. FLOW 13. Red Stripe 14. Musson 15. Bank of Nova Scotia Jamaica Limited 16. ICD Group 17. Island Grill 18. Jamaica Pegasus 19. Jamaica Public Service Company Jamaica Ltd. 20. Sterling Asset Management Limited

Associations 1. Institute of Chartered Accountants of Jamaica (ICAJ) 2. Jamaica Developers Association (JDA) 3. MSME Alliance 4. Medical Association of Jamaica (MAJ) 3 “Companies, firms, partnerships, bodies or other groups, part of the Private Sector not falling within category (a) above, whose registered or main office is in Jamaica or (if abroad) who have an office and a substantial operation in Jamaica”. 4 “Associate Overseas members being persons, companies, firms, partnerships, associations, organisations or other groups, not resident in Jamaica, part of the Private Sector of their respective country, whose applications are approved by the Committee in its discretion.”

5. Incorporated Masterbuilders’ Association of Jamaica (IMAJ)

Individuals: 1. Mike Fennell 2. Charles Ross

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PRESIDENT’S MESSAGE

Metry Seaga

Resilience in the face of uncertainty

ver the past year, Jamaica’s business community has had to do what it does best, adapt. We faced a world of rising costs, global inflation, and the ripple effects of new trade tariffs. Yet, through all of this, our economy held steady with a stable dollar, record low unemployment rate of 3.3%, and foreign reserves holding firm at almost US$6 billion. These are not just numbers; they represent resilience in the face of uncertainty and the determination of businesses to keep moving forward. But it wasn’t easy. Climate change and energy shocks continued to weigh on operations. Shipping became more expensive, environmental regulations grew tighter, and tariff changes in key markets hit exporters hard. Farmers, manufacturers, and service providers all felt the squeeze as profit margins thinned and competitiveness was tested. In response, many businesses began looking outward, pivoting to new partners in Latin America, Africa, and Asia. That search for alternative markets has become more than a strategy; it’s a survival mechanism, reminding us how critical regional cooperation and agility are in today’s trade environment. At the same time, sustainability has moved from being a talking point to being a demand. International buyers are no longer asking politely, they are insisting on renewable integration,

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greener production processes, and reduced carbon footprints. Through our Energy, Environment & Climate Change Committee, the PSOJ has been a loud voice for accelerating investment in renewables and efficiency. This is not just about protecting the planet. It’s about lowering costs and keeping Jamaica competitive in a world where sustainability is the price of entry into major markets.

Leading the Region Forward One of the year’s biggest highlights was the CPSO–PSOJ High-Level Breakfast Meeting, which brought together private sector giants and policymakers from across the Caribbean. Regional leaders engaged in frank, solutions-driven discussions on the realities of shifting trade policies, global tariffs, and supply chain disruptions that continue to affect our economies. The meeting underscored what many of us already knew: no single island can weather these global headwinds alone. Building resilience requires more than national strategies, it demands collective action, sharper logistics networks, and stronger partnerships across borders. Coming out of the meeting, it was clear that the private sector must work more closely together to advocate with one voice, leverage economies of scale, and identify new opportunities in alternative markets. As traditional trading

arrangements are challenged by rising tariffs and changing geopolitical priorities, Caribbean businesses agreed to accelerate collaboration on logistics, regional supply chain integration, and investment facilitation. This commitment to deeper private sector cooperation is not just timely, it is necessary. It positions our region to better navigate global trade shifts, cushion external shocks, and present the Caribbean as a unified, competitive bloc on the international stage.

Navigating an Election Year The year was also shaped by the anticipation of Jamaica’s general elections. Election cycles often heighten uncertainty, and this one was no different. Businesses kept a close watch on the tone of the campaigns, the policy positions of both parties, and the broader implications for economic management. For many investors and entrepreneurs, the lead-up to the polls was a time of cautious optimism mixed with calculated restraint, as they weighed decisions against the possibility of shifts in fiscal policy, regulation, and priorities. Yet, despite the tension that usually accompanies elections, Jamaica’s economy remained stable. The private sector continued to operate with resilience, supported by consistent policy frameworks and a shared understanding, across the political divide, of the need to protect macroeconomic stabil-

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sector, civil society, and residents work side by side. It is proof that transformation isn’t abstract, it is happening on the ground, in real time, where it matters most.

ity. This stability was critical for investor confidence, preserving a sense of continuity in the business environment even as the nation engaged in vigorous political debate. For the PSOJ, it was also an opportunity to re-emphasize the importance of bipartisan cooperation and evidence-based policymaking, both of which are essential to advancing growth and competitiveness in the years ahead.

Tackling Crime Through Partnership We also know that economic growth cannot thrive without safety. This year, Crime Stop Jamaica, now in its 36th year, proved again why it matters. Reports to the programme jumped by 17%, and rewards paid out climbed by 51% compared to last year. These results speak volumes about the trust Jamaicans have in this initiative and the very real role it plays in helping the police fight crime. It is proof that when the private sector, civil society, and law enforcement work hand in hand, progress follows.

Building the Workforce of Tomorrow June marked a proud moment as we introduced the first graduates of the Jamaica National Service Corps Skills Training for Workforce Development programme to our membership. This partnership between the JDF, HEART/NSTA Trust, and the PSOJ has produced 48 young men and women—20 trained in Administrative Assistance and 28 in Electrical Installation. These aren’t just technically trained workers, they carry with them discipline, teamwork, and professionalism instilled by the JDF. For our members, they represent fresh talent and, for Jamaica, a promise that the next generation is ready to step into the workforce with confidence.

Pushing for Transparency The PSOJ was also proud to endorse the launch of the Public Bodies Tracker, a first-of-its-kind tool to monitor how Jamaica’s nearly 150 public bodies are governed. The initiative which was spearheaded by Jamaica Accountability Meter Portal (JAMP), shines a light on compliance and accountability and demonstrates our commitment to strengthen trust, boost efficiency, and ensure that governance becomes a driver, not a barrier, for business growth.

The results speak for themselves. Over 6,400 participants were engaged in STAR-led programmes, exceeding the target by more than 300%. More than 1,200 residents accessed critical health care, financial services, and social support through community hubs. Nearly 240 people gained employment, while almost 400 received entrepreneurial assistance to start or strengthen businesses. At the planning level, five Community Transformation Action Plans (CTAPs) were validated with the input of over 1,100 residents and 236 institutional partners. These achievements highlight STAR’s unique ability to combine community ownership with private sector leadership, laying the groundwork for safer, stronger, and more sustainable communities across Jamaica.

Looking Ahead As I reflect on the year, what stands out is not just what we achieved, but how we achieved it, through resilience, through partnership, and through a willingness to pivot when circumstances demanded it. From tackling trade challenges to developing talent, from strengthening governance to building safer communities, the PSOJ has kept its focus on what matters most: creating an environment where businesses and people can thrive together. As we move closer to our 50th anniversary in 2026, we know the work ahead will demand even more innovation, collaboration, and bold action. But if this year has shown us anything, it is that Jamaica’s private sector is ready. Together, we will continue building a stronger, more competitive, and more inclusive economy.

Metry Seaga President

Transforming Communities Meanwhile, Project STAR continued to demonstrate that lasting change begins in our communities. Now in its third year, the initiative has expanded its footprint and delivered tangible results that go far beyond statistics. From creating jobs and supporting entrepreneurs, to offering psychosocial services and opportunities for young people in at-risk communities, STAR is showing what’s possible when the private

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For 55 years Sagicor has been your trusted partner helping you build a bright future.

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EXECUTIVE DIRECTOR’S MESSAGE

“It has been a year marked by both execution and transformation, where we balanced the demands of today with the bold projects that will carry us into tomorrow.”

eflecting on 2024, I am proud of the strides we have made in strengthening the Secretariat and advancing the mission of the PSOJ. It has been a year marked by both execution and transformation, where we balanced the demands of today with the bold projects that will carry us into tomorrow. In doing so, we reaffirmed our role as Jamaica’s foremost advocate for private sector development and national progress. Our journey throughout the year has been defined by purposeful growth, bold investments, and steady progress in strengthening the Secretariat’s ability to serve our members. As Jamaica’s business community continued to navigate both local challenges and global headwinds, we remained focused on delivering tangible value while laying the groundwork for the Organisation’s long-term transformation. By combining proven approaches with new initiatives, the Secretariat has deepened its role as an enabler of growth, innovation, and resilience across the private sector. A clear measure of the Secretariat’s progress this year has been the deepening of our engagement with members. In 2024, we welcomed 56 new members across diverse industries, while maintaining a retention rate of 97%, evidence of the continued value members see in the Organisation. Through onboarding sessions and other targeted initiatives, we created spaces for connection, learning, and collaboration. These platforms not only strengthened relationships within our membership but also gave us sharper insights into the issues businesses are facing on the ground.

Sacha VacciannaRiley

Our advocacy efforts also had tangible reach. Over the year, the Secretariat supported the delivery of several key policy submissions and position papers, engaged in multiple consultations with policymakers, and participated in regional and international advocacy forums. The committees advanced work on crucial policy initiatives, including proposals for unemployment insurance, tax and policy adjustments to enable digital transformation, a corporate gender toolkit, and a concept paper on the contribution of sport to Jamaica’s GDP. We stood firm in advocating for leadership that embodies values of unity, decency, and goodwill, and called for comprehensive strategies to restore values and curb school violence. We also underscored the need for private sector and government agencies to pool efforts to tackle corruption. These stances reinforced our role as a principled voice for integrity, good governance, and accountability.

Key milestones Key milestones of 2024 reflected both celebration and substance for the Organisation. We began the year with the PSOJ New Year’s Soirée, which brought together members and partners in a spirit of renewed purpose, setting the tone for another year of advocacy and impact. Another signature highlight was the 30th staging of the PSOJ Hall of Fame Banquet, where we proudly inducted Mr. Christopher Zacca, CD, JP, another outstanding business leader whose vision and leadership have left an indelible mark on Jamaica’s economic landscape. The milestone event underscored our ongoing commitment

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to honouring excellence, integrity, and national contribution within the private sector. Equally significant was the landmark partnership signing with VM Group, which demonstrated the PSOJ’s dedication to building strategic alliances that advance national development objectives and create new opportunities for collaboration across industries. In line with our mission to promote sound governance and ethical business practices, we, in partnership with the Inter-American Development Bank (IDB) also launched the 2024 edition of the “Navigating Corporate Governance” Handbook & Toolkit—a comprehensive resource designed to strengthen governance standards within both the private and public sectors. To further entrench these principles, the PSOJ, in collaboration with the Ministry of Finance and the Public Service, hosted the annual Public Bodies’ Corporate Governance Awards, recognising exemplary performance in transparency, accountability, and board effectiveness. This partnership continues to play a vital role in embedding good governance into Jamaica’s national framework and promoting a culture of integrity and efficiency across all levels of leadership.

Looking ahead Looking ahead to 2025, our strategic priorities remain clear: advancing the 39 Hope Road headquarters project, broadening the reach and depth of member engagement, and ensuring that the PSOJ remains future-ready as the definitive voice of Jamaica’s private sector. We will also continue to focus on strengthening our advocacy in key areas such as competitiveness, governance, climate resilience, and workforce development. The achievements of 2024 are a testament to the dedication of our Secretariat team, the trust of our members, and the strength of our partnerships. Together, we have not only delivered value over the past year but also set the stage for the future. With continued collaboration and vision, we are confident in our ability to shape a more resilient, competitive, and prosperous Jamaica.

Capacity and Engagement Institutionally, we continued to invest in building capacity within the Secretariat, equipping our team to serve members more effectively while advancing national dialogue. We also remained active in broader economic conversations, setting the target of being an active participant in reshaping Jamaica into an export-led economy. Our engagement during crises, such as navigating the challenges of Hurricane Beryl, underscored our ability to provide leadership in times of uncertainty.

Sacha Vaccianna-Riley

Executive Director, The PSOJ

Honouring leadership and continuity remained central to our story during the year. Metry Seaga, CEO of JFP Limited, was re-elected as President of the PSOJ, a reaffirmation of his steady and responsible stewardship, having taken the helm in 2022. His leadership continues to strengthen our voice and our influence at a critical time for Jamaica’s economy and governance.

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PSOJ COUNCIL MEMBERS 2024

Jamaica Bankers Association Jamaica Hotel and Tourism Association Jamaica Manufacturers and Exporters Association Insurance Association of Jamaica Shipping Association of Jamaica Jamaica Employers Federation Jamaica Securities Dealers Association Jamaica Gasolene Retailers Association

Realtors Association of Jamaica The Human Resources Association of Jamaica Incorporated Masterbuilders Association Institute of Chartered Accountants of Jamaica Jamaica Developers Association MSME Alliance (The) Medical Associates of Jamaica Deloitte Advisory Limited Jamaica Public Service Co. Ltd

Jamaica Pegasus Hotel Island Grill ICD Group Bank of Nova Scotia Jamaica Limited Musson (Jamaica) Limited Red Stripe FLOW Jamaica CITI Group

Jamaica Fibreglass Products Sagicor Group Jamaica Ltd. WISYNCO Group Limited CARI-MED Limited Fontana Pharmacy Limited Sterling Asset Management

Rainforest

National Commercial Bank

GraceKennedy Limited

Jakes Hotel, Villas & Spa

Jamaica Money Market Brokers Limited

PanJamica Investments Limited

Jamaica Producers Group Limited

RJR/Gleaner Communications Group

J. Wray and Nephew Ltd. Continental Baking Company Limited. JN Group Jamaica Broilers Group Seprod Group of Companies Victoria Mutual Building Society Mike Fennell Charles Ross Parris LyewAyee Jr. Mariame McIntoshRobinson Steven Greig

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PSOJ OFFICERS

Mr. Metry Seaga

Mr. Brian Jardim

Mrs. Marian Ross-Ammar

Mr. Hugh Grant

Dr. Parris Lyew-Ayee

Mrs. Gail Moss Solomon

Mr. Vikram Dhiman

Mrs. Camille Facey

Mrs. Sacha Vaccianna-Riley

President

Vice President

Honorary Treasurer

Vice President

Honorary Secretary

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Vice President

Executive Director

PSOJ EXECUTIVE COMMITTEE MEMBERS

Mr. Ramon Small Ferguson

Mr. Robin Russell

Mr. Sydney Thwaites

Jamaica Securities Dealers Association

Jamaica Hotel and Tourist Association

Jamaica Manufacturers and Exporters Association

Mr. Wayne Chen

Mrs. Audrey Tugwell-Henry

Mrs. Corah Ann Robertson-Sylvester

Jamaica Employers Federation

Jamaica Bankers Association

Shipping Association of Jamaica

Ms. Antoinette Hamilton MSME Alliance

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VOICE

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2024 COMMITTEE REPORTS

CORPORATE GOVERNANCE & LISTED COMPANIES COMMITTEE • Carolyn Bell-Wisdom • Ali Matalon • Jeanette Calder • Anna Harry • Simone Pearson

Camille Facey

Corporate Governance & Listed Companies Committee Chairperson

Main Areas of Focus • Directors Training

he Corporate Governance & Listed Companies Committee (CGLCC) continues to focus on governance in both the public and private sectors with emphasis on improving national productivity and creating an enabling business environment.

Meetings The committee held five (5) regular meetings in 2024, however several sub-committees were established and met regularly in order to accomplish the various objectives and tasks.

In conjunction with the Jamaica Stock Exchange, Corporate Governance Directors Training was concluded in February 2024. The training was delivered over a period of three months to seventeen senior professionals who were extensively trained in the principles and best practices of governance, the legal obligations of companies and directors, financial statements and other topics relevant for directors. A further cohort of ten persons was trained in May to August 2024.

Membership • Camille Facey (Chair) • Frank James • David Hall • Anna Harry • Tracy Campbell • Carolyn Hayle • Jason Bailey • Melisha Gordon • Sharma Taylor • Maia Wilson • Twila Mae Logan • Donovan Wignal • Roxanne Miller • Yualande Christopher • Robert Hamilton • Sola Hines • Stephen Greig • Julie Thompson-James • Kecia Taylor • Gina Phillips-Black • Marlene Street-Forrest • Barbara Alexander • Imega Breese McNab • Gail Moss-Solomon

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• Public Sector Database for Prospective Directors In compliance with the PBMA Regulations of 2021, the government established a database for prospective directors for public boards. The PSOJ had lobbied for years for the passage of the regulations which now require directors of public sector boards to hold the requisite competencies and to undergo due diligence. The primary objective of the database is to ensure there is a diverse pool of competent individuals who have been vetted and are willing to serve. In March, a presentation about the database was made to the Committee by the Director in charge of the Database for Prospective Directors in the Public Body Board Secretariat at the Ministry of Finance & Public Service. The PSOJ has repeatedly shared information about the database to its members and continues to train potential directors and encourage members to offer themselves for service.

• The PSOJ Handbook and Toolkit on Good Governance The Handbook and Toolkit on Governance was launched on April 16, 2024. This compilation serves as a practical guide to companies on governance principles and practices which will aid them in the good governance of their companies. The Toolkit is a valuable resource as it contains sample documents which companies can use to produce their own policies and procedures to help them comply with laws and best practices. Members are encouraged to visit our website and take advantage of this valuable resource which has been provided to you free of cost. Our sincerest thanks to IDB Invest, which provided financial support and worked collaboratively with us on this project.

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• Companies (Amendment) Act 2023 In response to the Ministry of Industry, Investment and Commerce’s request, the CGLC committee meticulously reviewed the Proposed Amendments to the Companies (Amendment) Act and submitted tailored responses to key areas of concern on June 25, 2024. The Committee continued to engage in discussions on this legislation throughout the year with a particular focus on the amelioration of some of the more draconian provisions.

• Financial Disclosure Guidelines for Listed Companies In light of the growth of the local stock market with the increased listing of securities, the Financial Services Commission had, in 2023, issued more stringent draft guidelines surrounding financial disclosures for listed companies. Throughout 2024, our committee engaged with the FSC on these proposed rules. The guidelines have not yet been promulgated, and our engagement continues.

• Trust & Corporate Services Providers Act

• Micro Entities Stock Market

The Committee continued to lobby for necessary changes to be made to this legislation. Adverse consequences included high penalties, the increase of the tax rate to 33 1/3 % for entities providing Trust & Corporate services, high licensing fees and costs, the requirement for persons who provide services like minute taking to any type of entity including small businesses/ citizens associations to be licensed and regulated by the FSC and numerous other unintended consequences which have negatively impacted small businesses some of which have been forced out of business as a consequence. We will continue to press for the necessary amendments.

Throughout the year under review the Committee continued to advocate for the establishment of this market. We are delighted that this is coming to fruition. The workload of the Committee continues to be heavy. We are blessed to have members who are willing to give of their time in order to get the work done so as to ensure that governance in both the public and private sectors continue to be improved, the views of the PSOJ are put forward and the interests of our members are advanced.

• PSOJ/ JSE CG Index Again, this year, Dr. Twila Mae Logan led the team of analysts who reviewed the annual reports of the listed companies to arrive at their governance scores. The Corporate Governance Index Review Committee evaluated ninety-eight (98) publicly traded companies. The score had a normal distribution with 26% of the companies in the AA/A categories, 48% in the BB/B categories, 24% in the CC/C categories and 1% in the NR (Not Rated) category.

• Constitutional Reform The Committee engaged in discussions on Constitutional Reform as well as receiving a presentation from Jamaica Accountability Meter Portal (JAMP), on the matter. Case studies from Latin American and the Caribbean were presented to demonstrate the importance of advancing steps towards citizen participation in governance and strengthening accountability in Jamaica.

• Public Sector Corporate Governance Awards The Public Sector Corporate Governance Awards ceremony was held on December 4, 2024, with 13 entrants. The low number of entrants may be attributed to the passage of Hurricane Beryl which hindered the submission of the relevant documentation in time for consideration.

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ECONOMIC POLICY COMMITTEE EPC advocated for:

Marian Ross-Ammar

Economic Policy Committee Chairperson

hroughout 2024, the Economic Policy Committee (EPC) continued to advance its mandate of shaping and advocating for economic policies that underpin macroeconomic stability, enhance productivity, and expand private sector-led growth. Against the backdrop of moderating inflation, persistent productivity gaps, and rising external competitiveness challenges, the EPC intensified its focus on policy clarity, institutional accountability, and systemic reform to facilitate sustainable economic transformation.

Members: • Marian Ross-Ammar (Chair) • Eugene Stanley • Angela Fletcher • Patricia Francis • Xesus Johnston • Miguel Martinez • Brian Frazer • Brian Jardim • Henry Mooney • Richard Gordon • Sharnakae Stewart • Stevonne Nugent • Theodore Mitchell • Keith Collister

Key Policy Engagements and Strategic Themes 1) Public Sector Efficiency and Fiscal Governance The EPC identified persistent inefficiencies in Jamaica’s public investment framework and budget execution systems as key constraints to economic growth. In its engagement with the Ministry of Finance and the Public Service, the Committee underscored the fiscal drag imposed by delayed capital projects and procurement backlogs.

Performance-linked budgeting mechanisms, including contract-based targets across ministries. • Full integration of the Public Investment Management System (PIMS) into budget planning and monitoring cycles. • Institutionalizing structured public-private dialogue in the fiscal policy development process, particularly ahead of the annual budget debates. These reforms, the Committee argues, are essential for enhancing fiscal multiplier effects, encouraging private investment, and improving the efficiency of public capital allocation.

2) Monetary Policy Transmission and Sectoral Credit Conditions In a detailed discussion with representatives from the Bank of Jamaica, the EPC examined the transmission dynamics of tight monetary policy in the context of decelerating inflation but continued credit tightening. The Committee noted that while inflation expectations have moderated, the lagging response of private sector credit, especially to MSMEs, poses a downside risk to growth. EPC proposed: • Enhanced forward guidance from the BOJ to improve investor and business confidence. • Granular credit data disaggregation by sector and firm size to better assess real-economy credit access. • Regular sectoral policy roundtables to improve the feedback loop between monetary policy and productive sector performance. The EPC continues to support price stability as a central bank mandate but highlighted the importance of balanced policy calibration to avoid pro-cyclical tightening that undermines investment and job creation.

3) Trade Facilitation and Logistics Reform The EPC reaffirmed its position that reducing trade frictions and enhancing logistics infrastructure are critical enablers of competitiveness, particularly for non-traditional exporters and manufacturing firms. The Committee expressed concern over persistent inefficiencies in customs clearance, border agency coordination, and the full operationalization of the Jamaica Single Window for Trade (JSWIFT).

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4) Addressing the Productivity Deficit

Priority actions included: • Engagement with the Jamaica Customs Agency to assess and resolve persistent bottlenecks. • Submission of a formal position paper to the Ministry of Industry, Investment, and Commerce advocating for streamlined trade facilitation governance. • Support for broader institutional reform of border regulatory agencies (BRAs) to align with international best practices and World Trade Organization standards. The Committee emphasized that Jamaica’s integration into global value chains depends not only on trade policy but on the functionality and speed of trade-related systems and infrastructure.

Low productivity growth—particularly in key domestic sectors—remains a binding constraint on Jamaica’s economic trajectory. The EPC held focused discussions on the underlying drivers of the productivity gap, including outdated skills training, limited technology diffusion, and weak contract enforcement mechanisms. In response, the Committee: • Supported the development of a private-sector-led productivity dashboard to track sectoral and firm-level output efficiency. • Recommended formal collaboration with HEART/NSTA Trust and the Ministry of Education to realign technical training with immediate market needs in digital services,

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manufacturing, and logistics. • Highlighted the economic cost of informality and legal system inefficiencies on contract enforcement and business growth. The EPC’s stance reflects the need to move from macroeconomic stabilization toward a deliberate productivity-centered growth strategy, underpinned by coordinated human capital development and regulatory efficiency.

5) Climate Resilience and Economic Adaptation Recognizing the growing exposure of infrastructure, agriculture, and tourism to climate-related shocks, the EPC began work with the Ministry of Economic Growth and Job Creation (MEGJC) and the Planning Institute of Jamaica (PIOJ) to ensure that climate resilience financing is positioned as a cross-cutting economic priority. EPC endorsed: • Development of a Private Sector Climate Investment Readiness Map to crowd-in blended finance and donor capital for resilience infrastructure. • A stronger role for the PSOJ in national adaptation planning, particularly in private-sector-relevant sectors such as water, transport, and energy. This shift reflects the EPC’s belief that climate adaptation is not merely an environmental concern but a foundational economic risk, especially for small, open economies like Jamaica.

7) Knowledge Dissemination through “The Economic Bulletin” In its unwavering commitment to empowering PSOJ members with timely and actionable economic intelligence, the Committee continued to expand the reach and analytical depth of the PSOJ’s flagship economic newsletter, “The Economic Bulletin.” In 2024, the Bulletin evolved into a pivotal platform for the structured dissemination of macroeconomic and sectoral insights, enabling informed decision-making amid global volatility and domestic adjustments. Key focus areas in 2024 included: • Monitoring economic and financial conditions affecting Jamaican businesses. • Tracking key macroeconomic variables at the local, regional, and international levels. • Analyzing the transmission effects of the Bank of Jamaica’s policy rate adjustments. • Assessing the economic impact of external shocks, including natural disasters such as Hurricane Beryl. • Highlighting developments in trade relations and regional economic cooperation. Through this bulletin, the EPC has ensured that PSOJ members remain abreast of critical economic shifts and policy movements, supporting both strategic planning and national economic dialogue.

6) Data Ecosystems and Economic Intelligence The Committee acknowledged the fragmented state of economic, sectoral, and business data as a constraint on evidence-based policymaking. It supported proposals to: • Develop a Private Sector Data Hub (PSDH) to consolidate and share critical business intelligence. • Partner with STATIN on the modernization of industry classification systems and national accounts methodology. • Promote open access to administrative datasets where appropriate, to support market analysis and strategic planning. EPC emphasized that data transparency and reliability are core components of modern economic policy architecture and are essential for private investment risk assessment.

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ENERGY, ENVIRONMENT & CLIMATE CHANGE Members Eleanor Jones

Energy, Environment and Climate Change Committee Chairperson

he Energy, Environment & Climate Change (EECC) Committee continued to play a crucial role in shaping policies, initiatives and strategies to promote sustainability, responsible resource management and climate resilience in 2024. The EECC collaborated with government agencies, private sector entities and civil society to advance sustainable development goals in energy policy and efficiency, environmental protection and conservation, climate change mitigation and prevention, education and advocacy.

• Eleanor Jones (Chair) – Environmental Solutions Limited • Wesley Hughes – High Star Consulting • Kimberly Roach – Rubis Energy Jamaica • Krishna Desai – Myers Fletcher & Gordon • Ali Matalon – CorpCare • John Carberry – Whim Development Company Limited • Ava Tomlin – BMR Energy • Karoline Smith – Sol Petroleum • David Barrett – Enbar Consulting • Luke Buchanon – Mona GeoInformatics Institute • Parris Lyew-Ayee Jr. • Robert Holdsworth – Total Energies • Jacqueline Burrell-Clarke – New Fortress Energy • Samuel Davis – JPS • oseph Williams – JPS • Wayne Archibald – Green Solutions Limited • Sandrine Vives-Rotger – Soleco • Nigel Davy – Innovative Energy Company

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Meetings The were nine (9) regular meetings held for the period.

Highlights • The Chair, Mrs. Eleanor Jones, appointed Mr. David Barrett and Mr. John Carberry as Deputy Chairs of the EECC. • The PSOJ in partnership with the Inter-American Development Bank (IDB) and IDB Invest under the second instalment of the Empower Ja: Building Bridges for Success series, hosted forum on Sustainability & Climate Change: Empowering SMEs for a Resilient Future on March 13, 2024. The event explored the climatic challenges confronting Caribbean businesses and mitigation strategies for enhancing resiliency and sustainability. Mrs. Eleanor Jones chaired the first panel discussion which featured Malini Samtani, Dayton Wood from the Jamaica Developers Association, Lenworth Kelly from the Incorporated Masterbuilders Association of Jamaica, and Licea-Ann Smith, an attorney at law and partner at Nunes, Scholfield, DeLeon & Co. The discussion focused on strategies to mitigate the impact of climate change on the construction sector, regulatory measures and financial considerations. • The committee continues to monitor nuclear energy development through consistent engagement with key stakeholders, including the Ministry of Science, Energy, Telecommunications and Transport and the Hazardous Substances Regulatory Authority (HSRA). Jamaica’s nuclear roadmap has been completed and submitted to cabinet and there is an impending MOU with the Canadian government for technical cooperation. The next step will be establishing a Nuclear Energy Programme Implementation Office (NEPIO) to drive these initiatives. • With the severe impact of the 2024 Hurricane Season on the transmission and distributing systems, especially from Hurricane Beryl and Tropical Storm Rafael, the EECC committee engaged in meaningful dialogue with the Jamaica Public Service Company on the level of preparedness, reinforcement of and restoration capabilities of the energy company. The committee remains focused on regional preparedness and recovery planning.

• The PSOJ, through the EECC, is represented by Dr. Parris Lyew-Ayee on the Disaster Risk Management Review Committee. Dr. Lyew-Ayee’s expertise in geospatial technology applications and geography is paramount to the committee’s assessment of critical infrastructure and essential services vital to disaster response in the public and private sectors. • The EECC built relationships with energy, environment and climate focused organisations by facilitating the delivery of presentations on initiatives aligned with the mandate of the committee. These engaging discussions include: o Jamaica Sargassum Early Advisory System which utilizes data from diverse sources, including satellite imagery, fieldwork, drones, and dynamic ocean systems, with the primary aim of predicting Sargassum beaching events in Jamaica. o The Caribbean Cement Company Limited Sustainability Programme focuses on six pillars: sustainable products and solutions, decarbonizing operations, circular economy, water and biodiversity, innovation and partnerships, and promoting a green economy. The key focal points under this initiative involve the removal of tyres from the Riverton City Landfill to be processed in the company’s kiln, low-carbon cement production, beach cleanups to collect recyclable materials and reforestation projects. o The Recycling Partners of Jamaica shared the overwhelming success of the programme, highlighting the transformation of the Naggo Head Recycling Depot. The presentation underscored three main objectives: viable and scalable recycling operations, convenience, and increasing public awareness and community partnerships. • The Ministry of Science, Energy, Telecommunication and Transport kept the committee abreast of the progress of three main policies: the Renewable Energy Policy which has been completed and the Ener Efficiency and Energy Conservation and Energy from Waste Policies which are in progress.

• The PSOJ participated in productive discussions with the National Environment and Planning Agency (NEPA) which yielded several key outcomes. Both organisations reaffirmed their commitment to advancing the national development and the agency’s effectiveness by creating collaborative opportunities between both entities within the legislative space. A two-phase approach has been put forward so that the EECC can review proposed regulations from NEPA to recommend practical solutions. | 48 | PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • Committee Reports

GENDER & DISABILITY AFFAIRS COMMITTEE Members Renee Morrison

Gender and Disability Affairs Committee Chairperson

he Gender & Disabilities Affairs Committee conceptualised several initiatives for the year to raise awareness of concerns surrounding gender and disabilities. In the area of gender, a paper will be developed to provide practical guidance on promoting gender equality in the workplace and an assessment of the levels of productivity on an inclusive workforce. Two of the three disabilities-based initiatives are primarily designed to raise awareness within schools. The School Spotlight programme will highlight schools that have inclusive practices and facilities for students with disabilities. The School Jingle invites students to create a jingle that focuses on disability access. The third initiative is a disability seminar, focusing on the integration of persons with disabilities in the workforce, bringing to the fore barriers preventing an inclusive workforce that includes persons with disabilities and advocating for a change within businesses to create opportunities for equitable access.

• Renee Morrison (Chair) – Total Office Jamaica • Belinda Williams – PROVEN • Deborah Newland – Development Bank of Jamaica • Sandra Samuels – Totally Male • Tricia Smith – PBS Technologies • Sophia Harris – Lau Global Consultant • Yohann White – Para Caribe • Nicola Johnson – PBAS Group • Nicholai Dyer – Appfinity Limited • Arlette Archer – Global Services Association of Jamaica • Joseph Robinson – MoneyMusk//National Rums of Jamaica • Maureen Webber – Development Options Limited • Corah Ann Sylvester – Seaboard Jamaica • Nayana Williams – Lifespan • Kayon Wallce – Flow Jamaica • Jemelia Davis – The Life Store • Belinda Williams – PROVEN • Audrey Tugwell Henry – Scotiabank • Christine Hendricks – Jamacia Council for Persons with Disabilities • George Young

The committee experienced some challenges in 2024 leading to a brief hiatus which halted the implementation of its strategic objectives. These have since been resolved and the committee is on track to resume plans to execute the proposed initiatives in 2025.

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HUMAN CAPITAL DEVELOPMENT COMMITTEE

Maya Walrond

Human Capital Development Committee Chairperson

he Human Capital Development Committee fosters a culture of continuous learning, skills advancement and strategic talent management to enhance the development of human resources in Jamaica. The primary strategic focus for the year was addressing the skills gap, with emphasis on the vital role of the private sector in promoting the development of the skills of the workforce.

Meetings The committee met three times for the 2024 period.

Highlights • Following the announcement of the establishment of a potential unemployment insurance programme during the opening of the 2024/25 budget debate on March 12, 2024, by the Minister of Finance and the Finance Service, the HCDC drafted a position paper to examine the effectiveness and impact of the initiative on the business community. The paper will propose considerations for implementation of the policy, including governance and oversight, funding and sustainability, and complementary measures.

Members

• Maya Walrond (Chair) • Renee Morrison • Colleen Bancroft • Nadine Burrowes-Seaga • Mariame McIntosh Robinson • Michael Gordon • Jacqueline Coke-Lloyd • Kayla Grant • Dwayne Russell • Lisandra Rickards • Allison Mais • Melissa Anderson • Magion Stepheson

• The HCD committee continues to collaborate with the Ministry of Education & Youth to support its strategic objectives. In response to an invitation from the Ministry of Education & Youth, Ms. Colleen Bancroft volunteered to sit on the Oversight Committee for the Tertiary Students’ Assistance Programme as the representative of the PSOJ.

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INNOVATION & DIGITAL TRANSFORMATION COMMITTEE

Christopher Reckord Innovation and Digital Transformation Committee Chairperson

he Innovation & Digital Transformation (IDT) Committee facilitates the identification, development, and oversight of digital transformation initiatives that optimize business processes and national productivity. The committee fosters collaboration between the public and private sectors to support the adoption of emerging technologies and guide investments in innovation and transformation.

Committee Members

• Christopher Reckord (Chair) • Nadeen Matthews Blair (Deputy Chair) • Joel Dean • Michele Marius • Edward Laughton • Stacey Hines • Craig Perue • Winston Henry • Winston Blackwood • Dominic Summers • Jason Bailey • Benjamin Roseth • Aden Whittaker • Trevor Forrest • Shalette Ashman

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Meetings The Committee held nine (9) regular meetings during 2024.

Key Achievements & Initiatives 1. AI Regulation Guidelines Collaborated with the Corporate Governance & Listed Companies Committee (CGLC) to create a high-level AI governance framework. This guidance will be included in PSOJ’s Corporate Governance Toolkit.

2. Empower JA Cybersecurity Forum (January 18, 2024) Hosted in partnership with IDB to discuss cybersecurity, data privacy, and data protection. Panelists included legal and cybersecurity experts, with moderation by Chair Christopher Reckord.

3. Tax Policy Advocacy for Digital Tools Developed and submitted a position paper recommending GCT reduction on key digital devices to bridge the digital divide and improve economic competitiveness.

4. NIDS (National Identification System) Engagement Provided continuous updates and insights on NIDS implementation and legislative development via Chair Reckord’s board membership at NIRA. The committee proposed a digital transformation scorecard to monitor progress.

5. Smart City Development Winston Blackwood presented the 10-year roadmap for Smart City development in New Kingston, developed in partnership with Tuatara Group and JPS.

6. National AI Policy Development Contributed to the National AI Task Force final report, submitted to Minister Dana Morris Dixon. Chair Reckord and Trevor Forrest represented the PSOJ in the drafting process.

7. Digital Jamaica & MSME Enablement Supported the launch of JBDC’s Digital Jamaica Project targeting 2,700 MSMEs. Chair Reckord served as MC at the launch event.

8. Cybersecurity Awareness & Guidance Received updates from Lt. Col. Godphey Sterling (JaCIRT) and discussed drafting SME-specific cybersecurity

guidelines. Trevor Forrest also participated in an OAS/UN workshop on national cybersecurity.

9. Strategic Media Engagement Chair Reckord and Trevor Forrest appeared on POWER 106 FM to discuss Jamaica’s AI policy direction, reinforcing the committee’s thought leadership in national discourse.

10. International Collaboration & Knowledge Sharing Shared reports and insights from the UN, UNESCO, IDB, and Chile’s Public Innovation Lab. Discussions included potential consultancy engagement.

11. Strengthened Government Relations & Representation Maintained strong presence on national boards and working groups, ensuring PSOJ’s perspectives are embedded in public sector tech policy.

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Challenges Encountered & Lessons Learned

MEMBERSHIP COMMITTEE

• SME Digital Readiness: Many businesses lack the basic infrastructure, skills, and awareness to adopt AI or comply with data protection regulations.

Nadine Seaga

• Ambiguity in Legislation: Unclear language in the Data Protection Act caused uncertainty and delayed compliance planning. • Engagement Gaps: Despite hosting high-quality events, broader PSOJ member participation and feedback mechanisms require improvement. • Slow Policy Execution: While well positioned as thought leaders, PSOJ’s policy inputs (e.g., tax advocacy) often misalign with GOJ timelines or budgets.

Recommendations & 2025 Outlook 1. Launch the PSOJ Innovation Playbook & Forum Define innovation for PSOJ members, provide case studies, and host a best-practice forum in Q1 2025.

2.Advance AI Awareness & Adoption Conduct a national AI business readiness survey. Expand guidelines to cover political campaigning, advertising, and media.

3. Deepen Cybersecurity Resilience

Membership Committee Chairperson

he Membership Committee underwent a transformative year in 2024, successfully transitioning leadership from Clair-Ann Kennedy to Nadine Seaga in July 2024. The Committee also welcomed new members during this period—an intentional step taken to bring fresh perspectives, innovation, and diverse industry insights to the work we do. These changes allowed us to question assumptions, reimagine possibilities, and build on the solid foundation already in place.

Committee Members • Nadine Burrowes Seaga - Chair • Marc-Maurice Frankson – Vice Chair • Almando Cox • Kerry Ann Anderson Jones • Oneil Kerliew • Marsha Bucknor

Finalize and publish tiered cybersecurity best practices for SMEs. Partner with JaCIRT and IDB to host training sessions.

4. Strengthen Advocacy for Digital Tax Reform Finalize and submit tax relief proposals for digital devices. Collaborate with JTDA, MSME Alliance, JAMPRO, and MOF.

5. Monitor National Transformation Projects Deploy a “Digital Transformation Scorecard” to track progress of key initiatives like NIDS, Smart Cities, and public sector digital maturity.

6. Support Workforce Upskilling Work with PSOJ Human Capital Committee to align AI and digital skills training with business demand. Coordinate with DMIL and MOE’s AI policy.

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Strengthening the Membership Experience In the last six months of 2024, our core focus was twofold: 1. Expanding our reach through new member recruitment, and 2. Deepening our understanding of current members’ needs We conducted research and internal assessments to gain insight into what our members truly want and need from the PSOJ today. This includes everything from stronger advocacy and tailored industry support to better networking and business & leadership development opportunities. These findings will directly inform the projects and initiatives we roll out in the upcoming year. We also placed emphasis on building meaningful experiences for members. Our series of member-focused events— particularly the PSOJ Mingles—created powerful spaces for connection, idea exchange, and strategic networking. These informal but high-impact gatherings allowed members to build relationships, explore collaborations, and stay connected to the broader private sector ecosystem. We continued to bring in new members while maintaining our core focus on delivering exceptional value to our diverse membership network. In the first quarter of 2025, our initiatives prioritised a member-centric approach, emphasising tailored value propositions that address the unique needs of members across all tiers and industries. This strategic shift enabled us to strengthen PSOJ’s position as Jamaica’s premier business association while driving meaningful engagement and inclusive growth.

Global Business Connections & Trade Missions We expanded our international business development focus through strategic trade missions and partnerships. The UK Trade Mission to Jamaica, organized in collaboration with the UK High Commission, provided PSOJ members with exclusive access to delegates from various sectors including Energy, Pharmaceuticals, Automobile, Investment & Asset Management, and Shipping & Logistics. This strategic initiative strengthened international business ties and created valuable opportunities for cross-border partnerships.

Professional Networking & Member Connections Creating valuable networking opportunities has remained a cornerstone of our engagement strategy. The first Executive Members’ Mingle of 2025, hosted in partnership with VM Wealth Management and The Pinnacle, Montego Bay, at the Jaguar Showroom, brought together members for an evening of elevated networking and enriching conversations, engaging the PSOJ community and offering luxury home solutions. The Corporate Fleet Connect Member Mingle, held in partnership with Stewart’s Automotive Group at the Jaguar Land Rover Showroom, offered members insights into optimizing their corporate transportation solutions while facilitating meaningful business connections in a sophisticated networking environment.

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Naughty or Nice Holiday Mingle brought together member companies to celebrate the festive season. This event created a relaxed atmosphere for businesses to forge new connections and strengthen existing relationships while enjoying the holiday spirit. The evening provided a perfect opportunity for reflection on the year’s achievements and for members to share aspirations for the upcoming year in a convivial setting.

Value-Driven Member Experiences Recognizing the diverse nature of our membership, the Committee launched several initiatives designed to deliver tailored value. The Executive Business Roundtable focused on “Maximising Your PSOJ Membership Experience,” facilitated by PSOJ leadership including Metry Seaga and Douglas Orane. This interactive session provided members with strategic insights on leveraging their membership for maximum organizational benefit. The event connected smaller members of PSOJ with the executive director and president. Members expressed several concerns about their membership value and identified mentorship as a key need, which led to the revival of our mentorship program.

Membership Growth & Market Representation The Committee successfully assisted in the diversification of the PSOJ’s membership network, welcoming 56 new members in 2024, with a significant portion representing MSMEs. This strategic growth reflects our commitment to building an inclusive business community that represents Jamaica’s

diverse economic landscape while maintaining the organization’s high standards and values.

Strategic Vision & Future Initiatives As we move into 2025, the Membership Committee will focus on several key priorities: • Implementing tiered value propositions that address the specific needs of members based on their organizational size and industry. • Expanding our revitalized mentorship program with monthly sessions focusing on critical business and leadership areas including Increasing productivity in the workplace, effective networking to grow businesses, access to capital, digital transformation, export readiness, and sustainable business practices • Launch a structured mentorship matching program to connect established business leaders with emerging entrepreneurs within our membership. • Strengthening international business relationships through targeted networking and partnership opportunities. • Growing our membership base with a continued focus on MSME inclusion and development. • Enhancing the overall member experience through data-driven insights and responsive programming. We recognize that our success depends on truly understanding and responding to our members’ evolving needs. The Committee will continue to refine our member-centric approach, ensuring that PSOJ remains an invaluable partner in driving Jamaica’s economic growth and development.

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NATIONAL SECURITY & JUSTICE COMMITTEE

NATIONAL VALUES & ATTITUDES COMMITTEE

Lt. Commander George Overton National Security & Justice Committee Chairperson

he National Security & Justice (NSJ) Committee remains dedicated to evaluating and advocating for security and justice policies that align with constitutional rights. The committee continues to foster community engagement by fostering dialogue with civil society, law enforcement, judiciary, and other stakeholders.

Highlights • The NSJ Committee continues to reinforce its partnership with the Crime Monitoring and Oversight Committee (CMOC). On May 21, 2024, the Chairman of CMOC, Lloyd Distant, provided a recap of CMOC’s mission to combat crime through collaborative efforts across political divides, to include an updated Consensus to reflect previously agreed upon principles and actions, with revised timelines and milestones. • On September 27, 2024, representatives from the committee participated in discussions with the Ministry of Education, Skills, Youth & Information on the implementation of the TREND Programme. The programme, which has an expected duration of eight years, is aimed at addressing the implications of educational inadequacies which may lead to increased unemployment rates and a potential inclination among the youth towards criminal activities.

Members • George Overton (Chair) • Fitzroy Brown • Mark Kerr Jarrett • Chukwuemeka Cameron • Ferris Ziadie • Parris Lyew-Ayee Jr • Alicia Prendergast • Peter John Thwaites • Dennis Harris

• Adrian Dunkley • Patrae Rowe • Cherise Bruce Douglas • Audrey Tugwell-Henry • Allison Rangolan • Fitzroy Brown • Claudia Bermudez Rodriquez • Shaun Myers • Imega Breese McNab

Howard Mitchell

National Values and Attitudes Committee Chairperson

Metry Seaga

National Values and Attitudes Committee Co-Chairperson

he National Values and Attitudes Committee was established on January 2, 2024, to underscore the PSOJ’s commitment to aligning the private sector’s goal of fostering a culture of integrity, respect and national pride, guiding individuals and institutions toward positive behavioural change for societal advancement. Collaboration with government agencies, educational institutions and civil organisations is crucial to the integration of positive values and attitudes by addressing the moral fabric of the nation.

Highlights The committee developed the PSOJ Values and Attitudes Survey 2024 to gather public opinion on the values and attitudes Jamaicans wish to see promoted and implemented. The findings from the survey not only provided insights on the cultural, ethical and societal trends shaping Jamaica, but information will allow stakeholders to craft policies and programmes to address systemic issues to enhance the citizens’ well-being.

Members • Howard Mitchell (CoChair) • Metry Seaga (Co-Chair) • Elon Parkinson • Jeffrey Campbell

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• Glen Christian • Marian Ramkisoon • Devon Dick • Christopher Issa • Ruth Carey

SPORTS & ENTERTAINMENT DEVELOPMENT COMMITTEE

Dave Cameron Sports and Entertainment Development Committee Chairperson

he Sports & Entertainment Development Committee (SEDC), established in January 2024, is dedicated to guiding and overseeing the private sector’s efforts in advancing and promoting Jamaica’s sports and entertainment industries. It also serves as a forum for meaningful dialogue and advocacy on key issues impacting the sectors and their stakeholders. The committee has embarked on a strategic approach to highlight the valuable contribution of the sport and entertainment industries to the nation to enhance growth and development by fostering an environment conducive to investment and innovation.

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however, we remain steadfast in our pursuit for funding of this paramount initiative. • In recognition of the importance of collaboration and partnership, the committee has initiated stakeholder engagement with policymakers, government agencies and private entities to underscore the necessity of policies to propel the industry forward. • An invitation has been extended to the Minister of Culture, Gender, Entertainment and Sports to discuss the establishment of the PSOJ’s SED committee and its dedication to the exploration of innovative strategies to expand these industries. Though these discussions did not materialize in 2024, we continue to communicate with the Ministry to schedule this crucial meeting in 2025.

Members

• Dave Cameron (Chair) • Michael Chai Chong • Zachary Harding • Jeffrey Campbell • Christopher Issa • Mike Fennell • Delano Campbell • Sophia Harris

• The committee convened a meeting with JAMPRO to discuss the proposed amendments to the Emancipendence celebrations. The PSOJ has submitted a position paper on Enhancing Productivity in Jamaica Through the Consolidation of Emancipation and Independence Holidays to the MoCGES recommending the nomination of the first Friday and Monday in August as bank holidays while retaining the commemoration of the Emancipation and Independence Days on August 1 and 6, respectively. The proposal to the Ministry was prematurely released to the public and met with severe criticism. The proposal has not been abandoned but will be amended following a comprehensive assessment of the feedback and comments received.

Recommendations and Outlook for 2025 • We continue to advance our efforts to bring to the fore the substantial economic impact of the sports and entertainment industry to Jamaica’s economy and are heartened by the support from the newly appointed Minister of Finance & Public Service.

• Carole Beckford

Highlights • The SED Committee has engaged with the IDB and MSBM to assist in conducting research in the economic contribution of sports to Jamaica’s GDP. The study will explore the impact of sports, the value of the industry, infrastructure and a gap assessment with the key objectives of evaluating economic impact of sports and entertainment to the economy, developing of a sustainable public-private business model, designing a transferable methodology and creating an actionable implementation plan to achieve the development strategy. We have been unsuccessful in acquiring the USD50,000 required to execute the research,

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2024 MAJOR PROJECTS REPORTS

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MAJOR PROJECT: CRIME STOP Projects Sandra Glasgow

Crime Stop Committee Chairperson

espite a 24% decline in tips received through Crime Stop Jamaica in 2024 – comparative to 2023 – the organisation maintained its upward trend in successes achieved where we continue to break down barriers by offering a trusted, secure, confidential alternative for people to share information anonymously on criminal activities with no risk of being compromised. The information received and passed on to law enforcement ensures that lives are saved, criminals are stopped, and victims and their families receive justice.

In 2024, Crime Stop Jamaica successfully concluded its USAID’s Positive YUTE (Youth Upliftment Through Employment) Project. Activities included training at-risk youths, aged between 15 and 24 years, in cinematography culminating with the task of capturing content illustrating ills and hopes of their communities. Another component was the installation of a mural in each targeted community. A total of 36 youth across Kingston and St. Andrew, Clarendon and St. Catherine were initially enrolled in the Cinematography training, encompassing four (4) days, delivered between July and August 2023. Youth engaged represented 80% of the target. To meet the remaining 20% of the targeted youth, additional youth were engaged in mural design focus group sessions and mural installation in various of the targeted communities. At the close of the project, a total of 49 youth was engaged in this component of PYP, representing 8.89% over the initial target. Training sessions covered photography and video production basics, with a focus on storytelling for social change. Participants collaborated with professional producers, script writers, photographers, cine-

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matographers to create creative positive change and advocacy campaigns through images and videos. Additionally, 7 murals were installed, as budget constraints limited the number to represent 77.78% of the target. Murals were installed at the following locations: • Naggo Head, located along Naggo Head Drive, adjacent to the taxi stand, by the freshwater fish vendors. • Newland, located on Hardware Close, Newland, St. Catherine • Hannah Town, located at the Chetolah Park Primary School, William Street, Hannah Town • Palmer’s Cross, located at Cross Primary and Junior High School, Palmer’s Cross Main Road, Clarendon • Effortville, located on Sevens Road, Effortville, Clarendon • Gregory Park, located on Walter Avenue, Gregory Park, St. Catherine • Denhan Town, located at Denham Town High School, Kinston The murals were developed collaboratively, incorporating youth ideas and local artists expertise. Locations were strategically chosen in high-visibility areas to maximize community impact. Feedback from community members highlighted the murals as inspiring symbols of hope and unity. Another project undertaken in 2024 was the European Union-funded BRIDGE (Building through Reintegration, Intervention, Development, Growth and Education) Project. Activities undertaken in the year under review included training a total of 28 youth from Trench Town and Whitfield Town in Kingston and Effortville in Clarendon. Similar to PYP, the training sessions covered photography and video production basics, with a focus on storytelling for social change. Participants collaborated with professional producers, script writers, photographers, cinematographers to create creative positive change and advocacy campaigns through images and videos. The murals under this project would commence in 2025.

Trustee Engagement To strengthen the relationship between our charity and our 16-member Trustee group, Crime Stop Jamaica hosted its first Trustee Engagement Luncheon. Executives of each Trustee organisation was invited to participate in an interactive discussion on the achievements of the organisation and ways to strengthen their support. Successes, not otherwise publicized, were shared with attendees. Our longest standing sponsor, National Commercial Bank (NCB) along with our partners Jamaica Constabulary Force and Major Organised and Anti-Corruption Agency also presented on the driving forces behind their support to Crime Stop.

Statistics Crime Stop received 867 tips in 2024. As a result, the programme assisted in the seizure of 53 illegal firearms, - representing a 20% increase compared to the previous year – and 1,395 rounds of ammunition (a 149% increase), among other successes. Additionally, the programme closed the year with 55 arrests, representing a staggering 41% increase to the number of arrests made in 2024.

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Among the leading categories of tips received, illegal firearms, gunmen, lottery scamming, wanted persons, and drugs were among those that recorded high numbers in 2024. For instance, 274 pieces of intelligence were received regarding illegal firearm, whereas 165 tips were received regarding the whereabouts of gunmen. Notwithstanding, 75 tips were received regarding the whereabouts of wanted persons and 105 pieces of intelligence surrounding scammers and their illegitimate activities were received through our tip lines. The total value of the property recovered during 2024 totalled $19,229,287, whereas $1,232,335 worth of drugs were seized/destroyed. These successes led to a total payout of $7.4M in rewards, $6.3M of which were for illegal firearm seizures and related arrests. Rewards paid in the year under review were to only 7% of our tipsters, indicating that, despite the increase in our successes, citizens were motivated by civic duty and not incentivized by reward offers.

867 Tips received in 2024

Illegal firearms seized 20% increase over previous year

Funding In 2024, our work relied on the critical support of the media, donors, partnerships, law enforcement and the community. By sharing our values, they help promote our charity’s public profile to new audiences who can benefit from our services. We thank our Corporate Sponsors who contributed tremendously to our success over the past year. They are National Baking Foundation, J. Wray & Nephew Limited, Sterling Asset Management Limited, GraceKennedy Limited, Proven Wealth, Musson Foundation and the Bank of Nova Scotia. Partnerships have been established with companies and organisations for which Crime Stop Jamaica agrees to take information on criminal activities associated with the entity and to pay out rewards funded by the entity in exchange for an administrative fee. For the year under review, Crime Stop Jamaica had two such partnerships: Betting, Gaming and Lotteries Commission (BGLC) and Major Organised and Anti-Corruption Agency (MOCA). The Commission – BGLC – extended their collaboration with Crime Stop, having first established the partnership in 2016. The partnership includes Crime Stop Jamaica receiving anonymous information on illegal gambling activities and pay rewards for successful information on BGLC’s behalf. Notwithstanding, MOCA trusted Crime Stop with the valuable task of manning their tip line – 888-MOCA-TIP – on their behalf. This partnership came into effect in January 2023 and has been active since.

1,395

Rounds of ammunition seized 149% increase over previous year

Arrests made Staggering 41% increase over previous year

$19.3M Total value of property recovered

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MAJOR PROJECT: PROJECT STAR

Students at Sir Clifford Campbell Primary in Savanna-La-Mar enjoy their newly paved courtyard, made possible through Project STAR and the Bluefields Villas Foundation.

Resilience Rooted in Community

P Keith Duncan Project Sponsor

roject STAR has been working in communities across Jamaica since the summer of 2022. This five-year, private sector-led community transformation initiative, spearheaded by the Private Sector Organisation of Jamaica (PSOJ) in partnership with the Jamaica Constabulary Force (JCF), now delivers social and economic programmes in Parade Gardens and Rose Gardens in Kingston, May Pen (west) in Clarendon, Salt Spring in St James and Savanna-la-Mar in Westmoreland.

Since its launch, Project STAR has impacted the lives of more than 15,000 residents through initiatives that range from early childhood education support and youth engagement in sports, to job readiness and employment opportunities, entrepreneurship training and grant-making for business resilience, parenting clubs and support for the elderly. These interventions have given residents new tools, new hope and new confidence to lead change in their communities. Here some reflect on the impact of key social

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In Savanna-La-Mar, the Parents Association continues to lead efforts that strengthen families and build community resilience.

Project STAR partnered with Hi-Pro to support poultry farming in May Pen. Sheldon Hassart (right) technical sales representative of Hi-Pro presents baby chicks to Shanneka Burrell, a farmer who attended the training session. Gosford Hall, a farmer from Treadlight in May Pen, proudly displays one of 50 chicks provided through Project STAR’s partnership with Hi-Pro.

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protection initiatives in their communities over the past year. “This hub is an opportunity for residents to learn about existing benefits available through both the private sector and the government,” says Myshka Allen, Project STAR’s community project officer for Parade Gardens. She is talking about the Community Hubs, which have become a lifeline for thousands of Jamaicans by placing critical services right in the heart of communities. In Havana Heights, a festival-style hub attracted over 370 residents for a day of health screenings, sports and community bonding. “The festival brings communities together, promotes peace and allows us to enjoy a day of unity and fun,” shared resident Jermaine Jackson. For Oraine Cunningham, a small business owner in East Downtown Kingston, the hub was transformative: “Obtaining a business bank account can be tedious and discouraging when you consider all the paperwork. So, getting the opportunity today to get a business bank account means a lot for me – I can better manage my funds, apply for small business support, business grants and more.” STAR’s work extends beyond access to services. The Afternoon Care programme uses home visits to identify and address family challenges. Meanwhile, parenting clubs are helping break cycles of poor parenting. “It really gave me a new perspective… I have started being there for my children, being their role model and their friend,” said Shellian Mayne, a mother of two from Rose Gardens.

At the Salt Spring Community Fair, Tress-Ann Reid (left), Project STAR Community Project Officer and Inspector Bruce Walker share a moment during a day of free health, safety, and employment services.

The same spirit of self-reliance is thriving among youth. In Salt Spring, young people are choosing boxing and netball over gang life, while girls in Parade Gardens are learning embroidery and craft as pathways to income generation. These stories of change reinforce a core belief of Project STAR: building resilience is not only about providing services, but about helping communities organise, lead and support themselves.

Driving Change Together Project STAR is spearheaded by the Private Sector Organisation of Jamaica (PSOJ) in partnership with the Jamaica Constabulary Force (JCF), working alongside communities, government and private partners to build safer, more resilient Jamaican communities. For full reports and data, visit: projectstarja.com/ resources

At left: Myshka Allen (left), Project STAR Community Project Officer, engages with Christopher Rose a resident of Parade Gardens during a Community Hub hosted with NCB and PATH.

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For every future From wisdom shared to dreams ignited. Start your future planning with us. Visit jm.scotiabank.com or call 888-4-SCOTIA (888-472-6842) today. scotiabankjam Registered trademark of the Bank of Nova Scotia, used under license. PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • Committee Reports | 67 |

VALUE

From tackling trade challenges to developing talent, from strengthening governance to building safer communities, the PSOJ has kept its focus on what matters most: creating an environment where businesses and people can thrive together.

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MEET THE SECRETARIAT The Executive Office (From left) Simone Williams – Administrative Services Officer, Shanne Thomas - Administrative Services Officer, Sacha Vaccianna-Riley – Executive Director and Tricia Vickers – Executive Assistant.

Marketing & Business Development Department (From left) Andrew Laidley – Public Relations and Marketing Executive, Sashana Shryer – Membership Servicer Officer, Cherine Forbes – Marketing & Business Development Manager, Jamila Campbell – Events & Sponsorship Assistant and Zhane Rutherford - Senior Membership Services Officer.

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Policy, Programmes & Research Department

Crime Stop

(From left) Sue-Ellen Pingue – Committees Coordinator and Monique Campbell - Strategic Programmes, Policy and Research Manager.

Cherise Bruce Douglas – Manager

Finance Department (From left) Brianna Menzie – Accounting Officer (Receivables), Marlon Beatton - Finance Manager and Reinia Jhagroo - Accounting Clerk (Intern).

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Human Resource & Administration Department (From left) Odain Fowler – IT & Operations Coordinator, Winsome Millen – Office Attendant, Ariel Thompson – Human Resource Assistant (Intern), Demoy Hayletts Human Resource Officer, Taneil Roye – Customer Service Representative (Intern), Jonathan Bailey - Human Resource and Administration Coordinator, James Sterling – Caretaker/InHouse Security and (seated) Cheryl Neil-Barnes - Human Resource Manager.

PSOJ Management Team (From left) Monique Campbell - Strategic Programmes, Policy and Research Manager, Sacha Vaccianna-Riley – Executive Director, Cheryl Barnes – Human Resources Manager, Marlon Beatton - Finance Manager and Cherine Forbes – Marketing & Business Development Manager.

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Honouring Excellence, Building Jamaica

he Jamaica Pegasus Hotel once again set the stage for a historic evening on Monday, December 15, 2025, as

the PSOJ Hall of Fame welcomed its 31st inductee, The Honourable Don Wehby, OJ, CD, into its distinguished

ranks. The elegant ceremony brought together leaders from

across corporate Jamaica, alongside Mr. Wehby’s family, friends, and colleagues, to honour a career marked by exemplary

leadership, national service, and enduring contributions to

Jamaica’s economic and social development. As the 31st member of the PSOJ Hall of Fame, Mr. Wehby’s induction represents not

only a celebration of his individual legacy, but also a continuation of the Organisation’s longstanding tradition of recognising

excellence in business leadership, integrity, and civic commitment.

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2024 PICTORIAL REVIEW

Annual General Meeting

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PSOJ Partners’ Circle and the UDC Members of the PSOJ Executive leadership team as well as members of our PSOJ Partners’ Circle convened for an informative breakfast meeting hosted by CEMEX at their Sports Club. We were delighted to welcome the Urban Development Corporation (UDC) Vice Chairman, Dr. Glen Christian, alongside executives from Carib Cement, Pan Jamaica Group, Tourism Enhancement Fund, Caribbean Broilers (CB) Group, and other key stakeholders. The meeting was chaired by Carib Cement’s Managing Director, Mr. Jorge Martinez, and Commercial Director, Mr. Rogelio Barahona, as we engaged in discussions about the exciting development plans for the Rockfort corridor. This collaborative session exemplifies the power of public-private partnerships in driving Jamaica’s development.

PSOJ First Press Briefing of the Year PSOJ President Metry Seaga, joined by Vice Presidents Marian Ross Ammar and Dr. Parris Lyew-Ayee, Executive Director Sacha Vaccianna Riley, and Lt. Cdr. George Overton, Chair of the National Security and Justice Committee, outlined the Organisation’s strategic priorities at its first press briefing of the year. The briefing highlighted PSOJ’s focus on private-sector-led growth and announced the establishment of the Sports and Entertainment Development Committee and the National Values and Attitudes Committee, reinforcing the Organisation’s commitment to economic advancement and social development.

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2024 PICTORIAL REVIEW Executive Members’ Mingle The PSOJ hosted its Executive Members’ Mingle in partnership with VM Wealth Management, The Pinnacle Montego Bay, and Stewart’s Automotive Group at the Jaguar Land Rover Showroom, providing a relaxed setting for senior executives to connect and engage.

Engagement with the Minister of Agriculture, Fisheries and Mining Members of the PSOJ met with the Minister of Agriculture, Fisheries and Mining, the Honourable Floyd Green, for constructive dialogue on priority issues affecting Jamaica’s agricultural sector, including productivity, food security, and sectoral support. The engagement underscored the importance of continued public-private collaboration in advancing a resilient and sustainable agricultural industry.

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IDB Forum

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2024 PICTORIAL REVIEW

PSOJ Partners’ Circle Breakfast with Senator the Honourable Aubyn Hill The PSOJ convened senior private-sector leaders with the Minister of Industry, Investment and Commerce, Senator the Honourable Aubyn Hill, for a focused morning of dialogue, addressing key challenges facing Jamaica’s business community and fostering collaboration in support of sustainable economic growth.

LIFT Social Advancement Ceremony PSOJ President Metry Seaga addressed the LIFT Social Advancement Ceremony, highlighting the programme’s role, implemented in partnership with HEART/NSTA Trust, in bridging Jamaica’s skills gap. Through the initiative, the PSOJ successfully placed 100 participants in private-sector roles across multiple industries, supporting workforce development and sustainable livelihoods.

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Launch of the Elevate Procurement Conference PSOJ President Metry Seaga joined the Office of Public Procurement Policy in the Ministry of Finance and the Public Service, alongside keynote speaker Senator the Honourable Aubyn Hill and other key stakeholders, at the launch of the Elevate Procurement Conference. The engagement highlighted a shared commitment to advancing a procurement framework grounded in efficiency, transparency, and inclusivity, in support of Jamaica’s national development objectives.

PSOJ–JAMPRO Engagement on Export-Led Growth PSOJ Executive Director Sacha Vaccianna Riley and Chief Operating Officer Georgette Bolton-Smith met with the President of JAMPRO, Shullette Cox, to advance dialogue on strengthening Jamaica’s export-driven economy. The engagement focused on collaborative strategies to enhance export competitiveness and support sustainable economic growth.

Project STAR Milestone Engagement PSOJ Chief Operating Officer Georgette Bolton-Smith joined partners and stakeholders to mark a key milestone for Project STAR, an initiative that has positively impacted more than 3,000 individuals to date. The engagement underscored the power of collaboration in advancing social transformation and building a more equitable and prosperous Jamaica.

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2024 PICTORIAL REVIEW Stewart’s Automotive and PSOJ Stewart’s Automotive Group, in partnership with the Private Sector Organisation of Jamaica (PSOJ), hosted an evening of networking and Fleet Conversations to mark the launch of its Fleet Solutions Programme, bringing together private-sector leaders to explore innovative approaches to efficient and sustainable fleet management.

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2024 PICTORIAL REVIEW Launch of the EU–LAC Digital Accelerator Programme The PSOJ partnered with the Caribbean Export Development Agency for the launch of the EU–LAC Digital Accelerator Programme in Jamaica. PSOJ Director Don Wignal joined an expert panel to share insights, while members of the PSOJ team engaged with participants and stakeholders during the workshop, reinforcing the Organisation’s commitment to digital transformation and regional competitiveness.

PSOJ–UTECH Engagement on Human Capital Development PSOJ President Metry Seaga and Executive Director Sacha Vaccianna Riley met with the President of the University of Technology, Jamaica (UTECH), Dr. Kevin Brown, to advance collaboration focused on aligning tertiary education with the evolving needs of Jamaica’s workforce and strengthening pathways for innovation, skills development, and sustainable economic growth.

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Teach Caribbean The future of Caribbean leadership came together at the Jamaica Pegasus for the TEACH Caribbean Leadership & Values Conversation Summit 2024. It was truly inspiring to witness bright young minds connecting, collaborating, and engaging in meaningful dialogue centered on values-based leadership and regional progress.

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PSOJ MEMBERSHIP LISTING

CORPORATE MEMBERS 138 Student Living A & N Loan Hub Limited Adtelligent Limited Advanced Integrated Systems Ltd. All Power Limited AMG Packaging and Paper Company Limited Answers Corporation Ltd. Appfinity Technologies Limited (contra) Appliance Traders Limited ARC Manufacturing Ltd.

Caribbean Assurance Brokers Limited

Continental Baking Company Ltd.

Edge Realty Jamaica Limited

Caribbean Broilers Group

CorpCare Social Impact Consultants

Environmental Solutions Ltd.

Courts JA. Ltd. (UNICOMER)

Envisage Financial Company Limited

Crescent Advisory Group Ltd

EPIC Technologies Ltd

Caribbean Cement Company Ltd. Caribbean HR Solutions Caribbean Information & Credit Rating Services Limited

Crescent Digital

Ernst & Young Services Limited

Caribbean Producers (Jamaica) Limited

Crichton Insurance Brokers

EveryData Jamaica Limited

Caribbean School of Medical Sciences, Jamaica

Crif Information Bureau Ltd.

Facey Law

Cari-Med Limited

Dairy Industries Jamaica Ltd.

Catherine’s Peak

Deliotte Advisory Limited

CB Machine Service Ltd

Dentons Delany

CG United

Designs By Marc Limited

Channel Realty Company Ltd.

Diamond Technology Labs and Consultants

Barita Investments Limited

Charles O’Connor Consulting Network Limited

Digicel (Jamaica) Ltd.

Barnett Limited

Cheetah Toys & More LLC

BCMG Insurance Brokers

Chicken Mistress/ Island Grill

Assurance Brokers Jamaica Ltd. Atlas Protection Jamaica Ltd. Austrojam Limited Bank of Nova Scotia Jamaica Ltd.

Brandram Henderson WI Limited (BH Paints) Broadlands Corporate Consulting

Chukka Caribbean Adventures CitiBank

Bryan Studios Ltd

Cleared Identity Limited

Bulldog Services Limited

Collective Create Caribbean (COCREATE) Limited

Bulwark Insurance Agency Limited CAC 2000 Camcorp Industrial Limited

Connect Critical Infrastructure Solutions Limited

Digitronics Limited Dolla Financial Services Ltd Domus Windows & Door Dot Personnel Services Ja. Ltd. Dr Charmaine Thomas MD/DCT DRT Communications Limited Dunlop Corbin Communications E.W Abrahams and Son Co. Ltd. Eckler

Fidelity Motors Ltd. FirstCare Medical Plan (Jamaica) Limited Fleetwood Jamaica Limited Flow Jamaica (and C&W Business) Fontana Pharmacy Limited Fraser Fontaine & Kong Ltd. Geddes Refrigeration Ltd. Geophysx Jamaica Limited Gore Developments Ltd. GraceKennedy Ltd. Grant, Henry &Rhooms Gravitas Guardian Life Ltd. Guardsman Group Ltd. Hall Wilson & Associates Hardware and Lumber Ltd

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PSOJ MEMBERSHIP LISTING

CORPORATE MEMBERS (CONT.) Hart Muirhead Fatta Health Connect Heart Institute of the Caribbean Henlin Gibson Henlin Her Flow Herald Printers Ltd. (The) (Contra Account handled by Ammesha) Home Choice Enterprise Ltd HTG Engineering Consultants

Ironshore Construction Company Ltd Island Car Rentals J. Wray and Nephew Ltd. Jakes, Hotels, Villas and Spa Jamaica Broilers Group Ltd. Jamaica Central Securities Depository Limited Jamaica Energy Partners Jamaica Flour Mills

Hylton Insights

Jamaica Music Society (JAMMS)

ICD Group Holdings Limited

Jamaica National Group Limited

IG General Services Limited

Jamaica Observer (Contra)

Indies Pharma Jamaica Ltd.

Jamaica Pegasus Hotel

Info Exchange Limited Innovative Energy Company Limited Inova Solutions Jamaica Ltd. Insurance Company of The West Indies Intcomex Jamaica Ltd Intelligent Multimedia Limited

Jamaica Pre-Mix Ltd. Jamaica Producers Group Ltd. Jamaica Public Service Company Ltd. Jamaica Sotheby International Realty JFP Ltd JMMB Group KCLH Full Business Solutions Limited

Investments Co. Ltd.

Niritech Digital Service

KT Training Solutions

Nunes, Scholefield, DeLeon & co. Ltd.

LASCO Lau Global Consulting Law Boss Lawe Insurance Brokers Ltd. Leisure for Pledger Holidays for Tours Ltd Lifespan Company Ltd. Maintenance and Reliability Solutions Massy Distribution (Ja.) Limited Massy Gas Products Mayberry Investments MC Systems

Order Pro Limited PanJam Investment Limited Para Caribe Consulting Limited PBAS Limited PBS Technologies Jamaica Limited People Development Consultants PricewaterhouseCoopers Privacy & Legal Management Consultants Limited

Mico University College

PROVEN Group Limited

Mona School of Business and Management

R.A. Williams Distributors Limited

Mozaic Mktg Limited

Radio Jamaica Limited (RJR/Gleaner Group) (CONTRA)

Musson (Jamaica) Ltd. Myers, Fletcher & Gordon MZ Holdings National Commercial Bank Ltd.

Keller Williams Jamaica Kingston Properties Ltd.

National Safety Limited

Iprint Digital Ltd.

Kingston Wharves Ltd.

Ironrock Insurance Company

KPMG

New Fortress Energy (Now Excelerate Energy,Inc.)

Kris An Charles

Optimum Altice Jamaica

Media Institute of the Caribbean

National Rums Of Jamaica Ltd

International Credit Management Solutions Ltd.

One Great Studio Company Limited

| 92 | PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • PSOJ Membership Listing

Rainforest Ramsay and Partners Ramsay Professional Services Limited Real Decoy Global Services Real Travel Escape Red Stripe Regions Financial Services

PSOJ MEMBERSHIP LISTING

CORPORATE MEMBERS (CONT.) Regus - Williams Offices (New Kingston)

SDS Architechture Limited

Totally Male Limited

Stewart’s Auto Sales Limited

Remax Jamaica

Seaboard Freight & Shipping Ja. Ltd.

ResolveIT

Securys

Symptai

Restaurants of Jamaica Ltd.

Select Brands

Syncon Technologies Ltd.

Select N Start Limited

Sysop Consultants

Sixt Rent A Car

T M Traders Ltd

Sol JAMAICA SRL (Former GB Energy)

TASC Property Appraisal

Return on Investment Consulting (ROIC) Limited Roar Unleashed Rock Mobile Limited Royale Computers RSD Shipping Agency Jamaica Ltd Rubis Energy Jamaica Ltd. Saddle Energy Limited Sagicor Group Jamaica Limited ScanBox Limited

Solid Appliance and More Enterprise Ltd Soul Career Limited Spa Blu Spaces Limited StarApple Analytics Limited Sterling Asset Management Ltd.

Supreme Ventures Ltd.

The 4n6 Analyst

Trafalgar Travel Limited University of the Commonwealth Caribbean UWI TV VantageOne Group Limited Vertis Technology VM Group Limited

The Leap Company The Speakers Academy ThinkNChange

We Manage Trust We Write Well Wigton Windfarm

THREE: 23 Projects Limited

Wisynco Group Limited Yualande Christopher & Associates

Total Office (Jamaica) Limited TotalEnergies Marketing Jamaica Ltd.

ASSOCIATION MEMBERS Advertising Agencies Association of Jamaica (AAAJ)

Jamaica Customer Service Association

Caribbean Corporate Governance Institute

Jamaica Developers Association

Global Services Association of Jamaica Incorporated Masterbuilders’ Association of Jamaica Institute of Chartered Accountants of Jamaica Insurance Association of Jamaica Jamaica Bankers Association

Jamaica Employers Federation Jamaica Gasolene Retailers Association Jamaica Hotel and Tourist Association Jamaica Manufacturers and Export Association (Contra) Jamaica Securities Dealers Association

Medical Association of Jamaica Realtors Association of Jamaica Shipping Association of Jamaica Sugar Manufacturers Corporation of Jamaica Limited (SMCJL) The Human Resource Management Association of Jamaica The MSME Alliance The Small Business Association of Jamaica United Way

PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • PSOJ Membership Listing | 93 |

PSOJ MEMBERSHIP LISTING

INDIVIDUAL MEMBERS Alison Taffe

Elon Beckford

Julian Morrison

Russell Thompson

Andrew Nooks

Erica Anderson

Julie Thompson-James

Salina Solomon

Aubyn Hill

Errol Powell

Krystal Cameron

Sean Clacken

Bruce Bowen

Ferris J. Ziadie

Laurie Wiggan

Shanae Warburton

Carolyn Hayle

Helen Christian

Luke Phillips

Stephen Greig

Charles Ross

Henley W. Morgan

Mariame McIntosh

Stokely Rose

Christopher Bovell

Howard Mitchell

Mervyn Eyre

Strycen Williams

Christopher Reckord

Jacqueline Coke-Lloyd

Michael Fennell

Tamar Nelson

Courtland Wilson

James Pitchford

Michele Marius

Tamiko Smith

David Barrett

Jean Lowrie-Chin

Mikaylah Brown

Tirzah Mahabeer

David Summerbell Jnr.

Jemelia Woolery-Davis

Monique Todd

Twila Mae Logan

Deandra Reynolds

Jennifer McDonald

Nickeisha Walsh

Walter Horatio Scott

Demetrie Adams

Joel Dean

Patrick Hylton

Wesley G Hughes

Dr Vaughn Bennett

Joseph Bogdanovich

Peter McConnell

Yaneek Page

Edward Laughton

Judith Green

Rochelle Cameron

| 94 | PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • PSOJ Membership Listing

WHO WE ARE Eckler

Jamaica

Limited

(Consultants

We’re not just Consultants; we’re dedicated Partners

and

Why Choose

Actuaries) serving Jamaica and the wider Caribbean

committed to your long-term success. As an independently owned and operated firm, we prioritize your needs above all

? else. This independence allows us to provide impartial,

since its formation as Coke & Associates in 1977.

unbiased advice – free from the influence of any parent

More Than Just Consultants:

organization.

Our team is actively engaged in shaping the future of the pension and benefits industry. We serve on

Our Core Values:

professional committees and bodies, and present at industry events – demonstrating our passion for

Uncompromising Integrity ~ We uphold the highest standards of

the craft and our commitment to providing cutting-

professional integrity in everything we do.

edge insights.

Client-Focused Approach ~ Your success is our priority. We listen,

Please reach out to our senior team:

understand, and tailor solutions to your specific challenges. Forward-Thinking Solution ~ We stay ahead of the curve, anticipating future trends and proactively addressing emerging challenges.

Constance Dalmadge Hall, Principal chall@eckler.ca

Because everyone deserves to secure and safeguard a brighter future. •

OUR SERVICES INCLUDE THAT WORK FOR YOUR BUSINESS. •

Adolex Grant agrant@eckler.ca • Pensions and OPRB • General Insurance

•

Alicia Ganess aganess@eckler.ca • Pensions and OPRB • Communication and Training • Group Health Insurance

•

Rohan Hall rhall@eckler.ca • Pensions and OPRB • General Insurance

8 RUTHVEN ROAD, KINGSTON 10

•

Tel: 876-908-1203; 876-754-7695

Other Locations: Barbados and Canada PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • PSOJ Membership Listing | 95 |

INDEPENDENT AUDITOR’S REPORT

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PSOJ: Private Sector Organisation of Jamaica • 2024 Annual Report • Independent Auditor's Report | 97 |

INDEPENDENT AUDITOR’S REPORT

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