Corporate Social Responsibility Policy

INTRODUCTION:

PH4 Food and beverages private limited is a part of the community. We are committed to ensure that we are a 'Socially Responsible' company and take our commitment to the environment and the communities in which we operate seriously. We are working to create a culture in which our employees, guests, suppliers and contractors recognize this, and how operating sustainably and sensitively will ensure our long-term success. Aware of our privilege, we strive to see the world from the perspective of the oppressed, the powerless and the invisible. This kind of thinking is fundamental to our identity.

OBJECTIVES

The PH4's CSR Policy is to help and support organizations and groups that advance the interests of the oppressed, the powerless and the invisible.

FOCUS AREAS

• Health care for disadvantaged people
• Gender equality and empowerment of women
• Education
• Environmental and ecological justice
• Animal Welfare
• Poverty and hunger related issues

CONSTITUTION OF CSR COMMITTEE

For effectively carrying out the CSR activities, the Company constituted the "Corporate Social Responsibility Committee" (the "CSR Committee") of the Board as per the provisions mentioned under the Companies Act, 2013 read together with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from time to time, to ensure that the purpose of this Policy is being effectively served.

COMPOSITION OF THE CSR COMMITTEE

The CSR Committee shall consist of the following members:

• Mukesh Harisunder Toalni, Director

b. Members of the committee:

• Venkataraju Sibi, Director
• Glen Williams, Director
• Arun C George, Director
• Ravichandran Rajagopal, Director

RESPONSIBILITIES OF THE CSR COMMITTEE

The responsibilities of the CSR Committee include:

1. Formulating, indicating and recommending to the Board of Directors the CSR Policy.
2. Be responsible for identification, selection, approval, planning, execution, supervision, coordination and monitoring of various programs/projects and activities under CSR
3. Recommend to the board of directors, the amount of expenditure to be incurred for the CSR activities;
4. Selecting activities to be undertaken.
5. Monitoring implementation of the CSR activities.

FUNDING AND MONITORING PROCESS

PH4 will receive requests from various organizations for funding multiple projects throughout the year. The CSR Committee will deliberate on the proposals and approve for implementation at its discretion. The CSR Committee is closely working with the selected organizations to monitor the progress of the approved projects and help the Board in reporting the progress and in making appropriate disclosures from time to time.

CSR COMMITTEE MEETINGS

During the financial year, the CSR Committee will meet once in a year for reviewing the progress of CSR activities. The review shall be undertaken to determine and discuss the nature and the scope of the activities or programs or projects those were undertaken during the financial year as a part of the Company's

CSR BUDGET

• All expenditures for the project/program related to CSR activities will be approved by the board.
• The CSR budget will be calculated in line with Section 135 of the Companies Act, 2013 and the CSR Rules thereof.
• The CSR Committee shall be responsible to maintain a record of the expenditure of each project, program and activity of CSR.

REVIEW AND REPORTING

The CSR Committee will review the CSR activities of the Company and report anomalies, if any, immediately. The Committee may choose new focus areas and projects on Board approval as and when required. Appropriate documentation and amendments of the CSR Policy, annual CSR activities, and reports on expenditures will be reviewed periodically by the committee. In order to ensure transparency and communication with all stakeholders, the CSR Policy & projects undertaken will be uploaded on the company website so that it is available in the public domain

Version 1.0 Approved by CSR Committee
For queries related to this policy, please write to us at:
accounts@ph4.in