Human Resource and Remuneration (HR & R) Committee

Terms of Reference of (HR & R) Committee are as follows:

To recommend to the Board, for consideration and approval, a policy framework for determining remuneration of directors (both executive and non-executive directors);
To recommend human resource management policies to the Board;
To recommend the Board regarding the appointment of chief financial officer, company secretary and head of internal audit;
To keep the structure, size and composition of the Board under regular review and for making recommendations to the Board with regard to any changes necessary;
To monitor and review sustainability related risks and opportunities of the company;
To recommend to the Board that whether the diversity, equity and inclusion (DE&I) practices are in effect at various board committees, within the Board and at the Company level;
To oversee compliance of relevant laws, guidelines and practices pertaining to relevant sustainability related considerations and its appropriate disclosures, where applicable;
To submit report to the board, at least once a year, on embedding sustainability principles into the organization’s strategy and operations to increase corporate values; and
To carry out such other functions as delegated by the Board.