Corporate Social Responsibility (CSR) Policy

CONTEXT

Parksons Cartamundi Private Limited (‘Parksons Cartamundi’ or the Company') has for several
years undertaken various Corporate Social Responsibility ('CSR') initiatives. The Company has
been working towards reducing malnutrition, improving healthcare, infrastructure, education and
preserving Indian art and culture. The Company's focus has always been to contribute to the
sustainable development of the society.

OBJECTIVES

Parksons Cartamundi CSR Policy intends to:
• Strive for economic development in such a manner that it positively impacts the society at
large;
• Embrace responsibility for the Company's actions and encourage a positive impact through its
activities on hunger, poverty, malnutrition, health care, for the society.

FOCUS AREAS

In accordance with the requirements under the Companies Act, 2013, Parksons Cartamundi CSR
activities will focus on:
• Hunger, Poverty, Malnutrition and Health Care
• Education
• National Heritage, Art, Culture & Sports
• Women Empowerment

UNDERTAKING CSR ACTIVITIES

Parksons Cartamundi will undertake its CSR activities as approved by the Board of Directors of the
Company (‘Board’) directly through its own human resources or through such entity/organization or the
person(s) so authorised by the Board.
The Board of Directors will decide on the locations for CSR activities.

RESPONSIBILITIES OF THE BOARD OF DIRECTORS

The responsibilities of the Board of Directors include:
• Formulating the CSR Policy and deciding activities to be undertaken
• Deciding the amount of expenditure for the CSR activities
• Monitoring CSR activities from time to time

GOVERNANCE

The Company through a registered trust or a registered society or directly through Company personnel
can undertake CSR activities as per the provisions of the Companies Act. 2013, who will work closely
with and support the Board in implementing CSR activities of the Company. They will assist the Board in
identifying the areas of CSR activities, programs and execution of initiatives as per defined guidelines
and will also assist the Board in reporting the progress of deployed initiatives and in making appropriate
disclosures (internal/ external) on a periodic basis.

FUNDING, SELECTION AND MONITORING PROCESS

The Board of Directors will receive requests for funding of projects through-out the calendar year, which
would evaluate proposals so received and projects will be prioritized by assessing their impact. The
Board will deliberate on the proposals and approve proposals for implementation at its discretion. The
Board may also take up other areas for CSR activities, other than those specifically referred to herein
before in case it so deems fit.
The Board will collaborate with stakeholders to monitor the status of each project.