Details of Familiarisation Programme for Financial Year 2022-23

• This programme extends to other Non-Executive Directors of the Company.
• All the independent directors and Non-Executive Directors of the Company (“the Directors”) are made aware of their role, rights, responsibilities & duties towards the Company, at the time of their appointment, whereby the Independent Directors are issued a formal letter of appointment, which also stipulates various terms and conditions of their engagement with the Company.
• Further, the periodic inputs on the business performance of the Company is deliberation through Board and Statutory Committee* meets, during the year. Presentations are regularly made to the Board of Directors and Statutory Committees of Board (consisting of the Directors) on various matters, where the Directors interact with Management Committee of the Company, whereby the Management Committee also gets to solicit different perspectives from the Board.
• These Presentations, inter-alia, cover the Company’s strategy, business model – Retail, analytics & loyalty, annual budgets, business processes & policies, functionaries, operations, OmniChannel, risk management framework, financial performance, budget & control process and such other area as may arise , from time to time. The Directors are also updated on key regulatory amendments, from time to time, their impact on the Company and/or the Directors.
• The Company has provided the Board and Committee Members with a web based digital Board Application that provides them with a continual access to all information, presentations & other documents that are shared with the Board and Committee, from time to time.
• The familiarization programmes will enable the Directors, not only to have greater insight into Company’s business and operations but also contribute effectively in decision making at Board & Committee meetings.

*  Viz: Audit Committee (AC), Risk Management Committee (RMC),     Nomination, Remuneration & Corporate Governance Committee (NRCGC) and Corporate Social Responsibility Committee (CSRC)

• Familiarisation programme of the Company shall be disclosed on the Company’s corporate website and web link thereof shall be provided in the Annual Report of the Company.
• The details of familiarisation programme imparted and attended by the Directors, during financial year 2022-23 (FY23) and cumulative as on March 31, 2023, are appended hereunder: