11 Annual Report 2025 Corporate Governance Highlights Board Composition (7 Directors) How CLAS Complies with the Corporate Governance Code The Corporate Governance Report is benchmarked against the Code of Corporate Governance 2018 (last amended 11 January 2023) (Code). CLAS has complied with the principles of corporate governance laid down by the Code and also, substantially, with the provisions underlying the principles of the Code. Where there are deviations from the provisions of the Code, appropriate explanations are provided in this Report along with explanations of how the practices are consistent with the aim and philosophy of the principle of the Code in question. Page Board Matters 66 Remuneration Matters 74 Accountability and Audit 81 Stapled Securityholder Rights and Engagement 84 Policies Board Diversity Policy 70 Remuneration Policy and Framework 75 Dealings in Securities Policy 89 Whistle-Blowing Policy 90 6Board 5Audit and Risk Committee 2 Nominating and Remuneration Committee 1Executive Committee 2AGM/EGM 57% (4) Independent 43% (3) Non-Independent Gender Diversity Tenure Mix 57% (4) Males 43% (3) Females Board Independence Age Profile Board Committee Composition Audit and Risk Committee Executive Committee Nominating and Remuneration Committee 100% Independent 100% Non-Independent 100% Independent Number of Meetings 43% (3) 61 years & above 43% (3) 0-3 years 3 Members 3 Members 3 Members 14% (1) 50 years & below 14% (1) >6 years 43% (3) 51-60 years old 43% (3) 3-6 years
RkJQdWJsaXNoZXIy NTkwNzg=