Policy on the Protection and Equitable Treatment of Stakeholder’s Rights

  1. Whistle-blowing Policy. Directors and Senior Executives are encouraged to promptly contact the Chairman of the Board or the Compliance Officer if any director or senior executive believes that he has observed illegal or unethical behavior by any employee, officer or director or by anyone purporting to be acting on the Company’s behalf. Any such reports may be made anonymously. Confidentiality will be maintained, to the extent permitted by law.
  2. Conflict of Interest Policy. The basic principle to be observed is that a director should not use his position to profit or gain some benefit or advantage for himself and/or his related interests. He should avoid situations that may compromise his impartiality. If, an actual or potential conflict of interest may arise on the part of a director, he should fully and immediately disclose it and should not participate in the decision-making process. A director who has a continuing material conflict of interest should seriously consider resigning from his position. A conflict of interest shall be considered material if the director’s personal or business interest is antagonistic to that of the corporation, or stands to acquire or gain financial advantage at the expense of the corporation. No employee may engage in any business or undertaking that is directly or indirectly in competition with that of the Company or engage directly or indirectly in any undertaking or activity prejudicial to the interest of the Company, its customers, and to the performance of his job or work assignment. The Company mechanism laid down to detect, determine and resolve any possible conflict of interest between the company and/or its group and their directors, officers and significant shareholders is that Directors, officers and significant shareholders shall fully disclose their active private or other business interests promptly and any other personal matters which may lead to potential or actual conflicts of interest with the Company. Their dealings with the Company must always be at arm’s length to avoid possibility of actual or potential conflict of interest. The Board shall review and resolve any conflict of interest situations.
  3. Insider Trading Policy.

    A director should keep secure and confidential all non-public information he may acquire or learn by reason of

    his position as director. He should not reveal confidential information to unauthorized persons without the

    authority of the Board.

    A senior executive should keep secure and confidential all non-public information he may acquire or learn by

    reason of his position as such. He should not reveal confidential information to unauthorized persons without

    the authority of the Board.

    All employees are expected to keep in strict confidence all information and data, records and documents

    pertaining to the Company business and/or affairs and no unauthorized disclosure or reproduction of the

    same shall be made by the employee during or after employment with the Company.

  4. Related Party Transactions Policy.The Board of Directors shall formulate and implement policies and procedures that would ensure the integrity

    and transparency of related party transactions between and among the corporation and its parent company,

    joint ventures, subsidiaries, associates, affiliates, major stockholders, officers and directors, including their

    spouses, children and dependent siblings and parents, and of interlocking director relationships by members

    of the Board.

    The Board through the Audit Committee shall review significant related party transactions (RPTs) and

    recommend approval or ratification. The Company will be transparent and consistent in reporting RPTs and a

    summary of such transactions shall be included in the Company’s Annual Report. The Company shall promptly

    disclose to shareholders all material transactions with affiliates of the controlling shareholders, directors or

    management.

  5. Policy and Data relating to health, safety and welfare of employees, including company sponsored trainings.The Company is committed to the health, safety and welfare of employees and complies with all applicable

    health and safety laws and regulations. We consider the health, safety and welfare of our employees to be an

    essential part of being a responsible and productive company that delivers long-term shareholder value.