Explain specific additional provisions for Board Members and Management Committee Members in a Model Code of Business Conduct and Ethics.

The Model Code of conduct is applicable to the Board Members and all employees in and above Officers level. Everyone must read and understand the Model Code and ensure to abide by it in their day-to-day activities. Apart from general moral imperatives and Specific Professional Responsibilities, there are some specific additional provisions for Board Members and Management Committee Members. The following specific additional provisions would be incorporated in the Model Code of Business Conduct and Ethics: As Board members They undertake to inform the Chairman of the Board of any changes in our other board positions, relationship with other business and other events/circumstances/ conditions that may interfere with our ability to perform Board/Board Committee duties or may impact the judgment of the Board as to whether we meet the independence requirements of Listing Agreement with Stock Exchanges. Board members must also undertake that without prior approval of the disinterested members of the Board, we will avoid apparent conflict of interest. Conflict of interest may exist when we have personal interest that may have a potential conflict with the interest of the company at large. Some illustrative cases can be: Related Party Transactions: Entering into any transactions or relationship with the Company or its subsidiaries in which they have a financial or other personal interest (either directly or indirectly such as through a family member or other person or other organisation with which they are associated). Outside Directorship: Accepting Directorship on the Board of any other Company that compete with the business of Company. Consultancy/Business/Employment: Engaging in any activity (be it in the nature of providing consultancy service, carrying on business, accepting employment) which is likely to interfere or conflict with their duties/ responsibilities towards the Company. They should not invest or associate themselves in any other manner with any supplier, service provider or customer of the Company. Use of Official position for personal gains: They should not use their official position for their personal gains. As Board Members and Management Committee members, they must undertake to actively participate in meetings of Board, or the Committees thereof and the meetings of management committee on which they serve.