ICICI Lombard General Insurance Co Ltd

**1.3 Responsibility for oversight of the stewardship activities:** The Board Investment Committee ("Committee") shall ensure that there is an effective oversight of the stewardship activities; The Local Management Investment Committee (LMIC) shall be responsible for compliance with this Stewardship Code and shall be under the supervision of the Committee. [...] **7. Voting and disclosure of Voting activity** 7.1 Bharti Axa General Insurance shall exercise their voting rights(vote/abstain) on all resolutions of investee companies which fall within the scope of application of this policy [...] 7.4 Bharti Axa General Insurance shall be required to record specific rationale supporting its voting decision (for, against or abstain) with respect to each nonroutine vote proposal, and shall report the same to the Committee. 7.5 The Audit committee will monitor oversight on voting mechanism; [...] **8 Compliance and Reporting** The Audit committee and the Board of Directors of Bharti Axa General Insurance shall ensure that there is effective oversight on Bharti Axa General Insurance's stewardship activities. The Board Investment Committee shall be responsible to keep an oversight on the stewardship related decisions and activities and shall intimate the Audit committee and the Board of Directors the necessity to modify the Policy. The Committee shall annually report to the Audit committee and the Board of Bharti Axa General Insurance activities undertaken under this policy in regards to implementing this Policy and discharging its responsibilities.

A summary of resolutions voted in favor or against or abstained from voting be reported to the Investment Committee and the Audit Committee for its review on a quarterly basis as per the Annexure A of the Policy. ICICI Lombard will make disclosures of the summary of votes cast on a quarterly basis on its website as per the deadlines stipulated by the regulator for public disclosure. [...] Compliance and Reporting: The Company shall comply with all the principles given in the guidelines and submit an Annual Certificate of Compliance approved by the Board to the IRDAI as per Annexure B duly certified by the CEO and the Compliance Officer on or before June 30[th] every year.

Effective oversight over ESG is to be handled by the CSR & Sustainability Board Committee within our organisation. The terms of reference of the CSR and Sustainability Committee includes overseeing and monitoring of Sustainability activities undertaken by the Company, related disclosures, review its performance thereon and advice on related matters. The Committee will also review and monitor matters related to Sustainability such as strengthening Sustainability Disclosures & Policies. [...] The Company has incorporated a sixth risk group namely ESG Risk as part of its Board Approved Risk Management Framework. The terms of reference of the Risk Management Committee include therein a review of ESG Risk and its management. Quarterly updates on ESG Risk Management are presented to the Risk Management Committee of the Board.