| THE NOMINATION AND REMUNERATION COMMITTEE IS EMPOWERED BY THE BOARD TO CARRY OUT THE ENTIRE PERFORMANCE EVALUATION PROCESS. FURTHER, AT A SEPARATE MEETING HELD ON FEBRUARY 03, 2024, INDEPENDENT DIRECTORS EVALUATED PERFORMANCE OF INDIVIDUAL DIRECTORS, BOARD AS A WHOLE AND CHAIRMAN. THE DIRECTOR, WHOSE PERFORMANCE WAS BEING EVALUATED DID NOT TAKE PART IN SUCH EVALUATION. EVALUATION FORM ON VARIOUS PARAMETERS ENUMERATED BELOW: BOARD EVALUATION STRATEGY, COMPOSITION, PERFORMANCE MANAGEMENT, FINANCIAL PERFORMANCE, EXECUTION, RESPONSIBILITIES, STAKEHOLDER VALUE AND RESPONSIBILITY, BOARD DEVELOPMENT, DIVERSITY, GOVERNANCE, LEADERSHIP, DIRECTIONS, STRATEGIC INPUT, ETC. EXECUTIVE DIRECTORS EVALUATION LEADERSHIP, INITIATIVE IN TERMS OF NEW IDEAS AND PLANNING FOR THE COMPANY, SKILL, KNOWLEDGE, PERFORMANCE, COMPLIANCES, ETHICAL STANDARDS, RISK MITIGATION, SUSTAINABILITY, STRATEGY FORMULATION AND EXECUTION, FINANCIAL PLANNING & PERFORMANCE, MANAGING HUMAN RELATIONS, COMMUNITY INVOLVEMENT AND IMAGE BUILDING, INTERFACE WITH INDUSTRY FORUMS ETC. INDEPENDENT DIRECTORS EVALUATION PARTICIPATION, MANAGING RELATIONSHIP, ETHICS AND INTEGRITY, OBJECTIVITY, BRINING INDEPENDENT JUDGEMENT, TIME DEVOTION, PROTECTING INTEREST OF MINORITY SHAREHOLDERS, DOMAIN KNOWLEDGE CONTRIBUTION, ETC. CHAIRMAN EVALUATION MANAGING RELATIONSHIPS, COMMITMENT, LEADERSHIP EFFECTIVENESS, PROMOTION OF TRAINING AND DEVELOPMENT OF DIRECTORS ETC. COMMITTEES EVALUATION TERMS OF REFERENCE, PARTICIPATION OF MEMBERS, RESPONSIBILITY DELEGATED, FUNCTIONS AND DUTIES, OBJECTIVES ALIGNMENT WITH COMPANY STRATEGY, COMPOSITION OF COMMITTEE, COMMITTEE MEETINGS AND PROCEDURES, MANAGEMENT RELATIONS. |