MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

169 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 Composition and Attendance (in brief): 66.67% 6 3 100% Independence Members Meetings Attendance The Committee met thrice during the year under review on 5 th August, 2021, 8 th November, 2021 and 14 th March, 2022. The attendance at the Meetings was as under: Name of the Directors Committee Meeting Dates and Mode 1 2 3 Held during the year Attended % of attendance of a Member 5 th August, 2021 (VC) 8 th November, 2021 (VC) 14 th March, 2022 (Hybrid) Dr. Anish Shah (Chairman) 3 3 100% Mr. Rajesh Jejurikar 3 3 100% Mr. T. N. Manoharan 3 3 100% Ms. Shikha Sharma 3 3 100% Mr. Vikram Singh Mehta 3 3 100% Mr. Haigreve Khaitan 3 3 100% % of attendance at a Meeting 100% 100% 100% Risk Management Committee Meeting Attended through video conference  Leave of Absence  Attended in-person      RISK MANAGEMENT COMMITTEE REPORT FOR THE YEAR ENDED 31 ST MARCH, 2022 Activities of the Committee during the year Frequency Considered and approved the appointment and the terms of remuneration of Chief Risk Officer of the Company E Reviewed and approved the Enterprise Risk Management Framework of the Company P Considered and approved the Scope and Implementation Plan of Risk Management 2.0 P Reviewed assessment and mitigation of risks arising due to COVID-19, covering manufacturing constraints and supply chain disruptions, Ukraine Crises and impacts, etc. P Reviewed the Risk Certificate covering risk management measures and controls and made recommendation to the Audit Committee and the Board P Monitored and reviewed Risk Management Plan including Portfolio risk approach, Business entity risk, Cyber Security, Geopolitical Risks and Related Risks and made recommendation to the Audit Committee and the Board P Reviewed the Risk Management Report, Risk Mitigation Measures as prescribed under the Risk Management Policy alongwith Extreme Risks their impact, likelihood and exposure and presented the same to the Audit Committee and the Board P Reviewed the risks for the financial year and presented the same to the Audit Committee and the Board A / P Frequency E Event based A Annually P Periodically