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

191 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 a) Details of compliance (Reply in Y/N) Sr. No. Questions P1 P2 P3 P4 P5 P6 P7 P8 P9 Ethics and Transparency Product Responsibility Wellbeing of employees Responsiveness to Stakeholders Respect Human Rights Environmental Responsibility Public policy advocacy Support inclusive growth Engagement with Customers 1. Do you have a policy/policies for Yes Yes Note 1 Yes Yes Yes Yes Yes Yes Yes 2. Has the policy been formulated in consultation with the relevant stakeholders? N Note 2 N Note 2 N Note 2 N Note 2 N Note 2 N Note 2 N Note 2 N Note 2 N Note 2 3. Does the policy conform to any national /international standards? If yes, specify? (50 words) Yes Yes Yes Yes Yes Yes NA Note 3 Yes Yes 4. Has the policy been approved by the Board? If yes, has it been signed by MD/ owner/CEO/appropriate Board Director? Yes Yes Yes Yes Yes Yes Yes Yes Yes 5. Does the company have a specified committee of the Board/ Director/ Official to oversee the implementation of the policy? Yes Yes Yes Yes Yes Yes Yes Yes Yes 6. Indicate the link for the policy to be viewed online? Yes Note 4 Yes Note 4 Yes Note 4 Yes Note 4 Yes Note 4 Yes Note 4 Yes Note 4 Yes Note 4 Yes Note 4 7. Has the policy been formally communicated to all relevant internal and external stakeholders? Yes Yes Yes Yes Yes Yes Yes Yes Yes 8. Does the company have an in-house structure to implement the policy/ policies? Yes Yes Yes Yes Yes Yes Yes Yes Yes 9. Does the company have a grievance redressal mechanism related to the policy/policies to address stakeholders’ grievances related to the policy/policies? Yes Yes Yes Yes Yes Note 5 Yes NA Note 3 Yes Yes 10. Has the company carried out independent audit/evaluation of the working of this policy by an internal or external agency? Yes Yes Yes Yes Yes Yes Yes Yes Yes Note 1 – The Company complies with consumers’ awareness through appropriate product labelling and operator manual & instructions which ensure safe usage by the customer. However, the Company’s current control is limited till warranty period. The Company is in the process of addressing this by appropriate communication to all value chain members for their responsibilities. Note 2 – While there is no formal consultation with all stakeholders, the relevant policies have evolved over a period of time by taking inputs from concerned internal stakeholders. Note 3 – This question is not applicable for influencing public and regulatory policy. Note 4 – It has been the Company’s practice to upload all policies on the intranet site for the information and implementation by the internal stakeholders. The Code of Conduct for Directors, the Employee Code of Conduct, Business Responsibility Policy and Corporate Social Responsibility Policy can be accessed in the Governance section at the Web-link: https://www.mahindra.com/investors/reports-and-filings?tab=tabs-4#investor- governance Note 5 – The Company has a “Ethics & Governance Policy” to address grievances. There is a Corporate Governance Cell where these issues are dealt with.