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

COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 192 3. Governance Related to BR a) I ndicate the frequency with which the Board of Directors, Committee of the Board or CEO to assess the BR performance of the Company. Within 3 months, 3-6 months, Annually, More than 1 year The Board level Corporate Social Responsibility Committee evaluates the Company’s BR performance twice a year. The Board is supported by the Group Sustainability Council, Group CSR Council, Central Safety Council, and Corporate Governance Council that convene every three months to review progress. b) D oes the Company publish a BR or a Sustainability Report? What is the hyperlink for viewing this report? How frequently it is published? Yes. Mahindra Group has annually been publishing a Sustainability Report since 2007-08. All Sustainability Reports from 2007-08 are GRI compliant. The Sustainability Report for FY 2020-21 is accessible on the Company’s Website at the hyperlink https://www.mahindra. com/resources/pdf/sustainabi l ity/Mahindra- Sustainability-Report-2020-21.pdf The Sustainability Report for FY 2021-22 is under preparation and will be uploaded on the website of the Company in due course of time. Section E: Principle-wise performance Principle 1: Businesses should conduct and govern themselves with Ethics, Transparency and Accountability 1. Does the policy related to ethics, bribery and corruption cover only the company? Yes/No. Does it extend to the Group/Joint Ventures/Suppliers/ Contractors/NGOs/Others? Yes. • The Company has a Code of Conduct that is applicable to all the Company’s Directors as well as all employees. • The Code of Conduct covers issues related to ethics and bribery. It also covers all dealings with Suppliers, customers and other business partners including Joint Ventures, and other stakeholders. • The Company also has a Code of Conduct for Suppliers and Vendors. • The Company has a Policy on Anti-Bribery and Anti-Corruption which is listed on the Company’s website. The Policy covers all stakeholders of the Company. 2. Howmany stakeholder complaints have been received in the past financial year and what percentage was satisfactorily resolved by the management? If so, provide details thereof, in about 50 words or so. – D uring the reporting year, 30 investor complaints were received by the Company, all of which have been attended to/resolved till date. These complaints pertain to non-receipt of dividend, non-receipt of shares, etc. Principle 2: Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle 1. List up to 3 of your products or services whose design has incorporated social or environmental concerns, risks and/or opportunities 1. Passenger Vehicles (UV/ MPV/ Cars) All-New global SUV-XUV700 • Debuts All-New BS6 compliant range of petrol and diesel powertrains. Offering significant improvement in performance and efficiency. • 2.0L TGDI 200 PS (147kW) @ 5000 Rpm, 380 Nm@ 1750 - 3000Rpm. • 2.2 L CRDi, 155 PS (114 kW) @ 3750 Rpm, 360Nm@1500-2800Rpmand185PS (136kW) @ 3500 Rpm 420 Nm @ 1600-2800 Rpm (MT), 450 Nm @ 1750-2800 Rpm (AT). • World class safety with new generation architecture, ESP, ABS, Airbags, ISOFIX. • Advanced Driver Assistance system with Driver Drowsiness alert. • 6-way power seat with Memory.