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Corporate Social Responsibility PolicyEffective Date: 1st June, 2020Policy No. : CSR – 01Version 1.1Prepared byReviewed byDigitally signedGuptaby Gupta PankajPankajVWPKI494A457A8E6CAVWPKI494A457A8E 8EEDate: 2020.05.196CA8EE11:48:05 05'30'Digitally signedPillaiby PillaiAnoopku Anoopkumarmar VWPKI VWPKI95B08015AC75895B08015 BD7Date: 2020.05.19AC758BD7 11:59:30 05'30'Pankaj GuptaVP-EA & CSRAnoop PillaiCompany SecretaryApproved bysignedFrydrych Digitallyby Frydrych JanVWPKIJan228E505272B22VWPKI1B4228E5052 Date:2020.05.1972B221B4 12:32:41 05'30'Approved byMahlkeMartinVWPKICD6502D721DD9FBCDigitally signedby Mahlke MartinVWPKICD6502D721DD9FBCDate: 2020.05.1915:19:08 05'30'Jan FrydrychED- HR& AdmnMartin MahlkeCFO and EDFinance, IT & LegalPolicy Owner – EA & CSRApproved bysignedBoparai Digitallyby BoparaiGurpratap GurpratapVWPKIVWPKI707822B063224707822B0 B60Date: 2020.05.1963224B60 12:35:46 05'30'Gurpratap BoparaiManaging DirectorSkoda Auto Volkswagen India Private Ltd.’s CSR Policy1. CSR Vision Statementi.Skoda Auto Volkswagen India Pvt. Ltd. [SAVWIPL] shall work towardsprotection of the environment and to the development of humanity and societyin line with Skoda Brand and Volkswagen’s Group philosophies.ii.Undertake programs that enhance the quality of life, provide unique andenriching opportunities that connect diverse groups that in long term result insustainable partnership in shaping the communities in which SAVWIPLemployees live and work.Page 1 of 5
2. CSR Focus AreasThe Policy recognizes that Corporate Social Responsibility is not merelycompliance; it is a commitment to support initiatives that measurably improvethe lives of underprivileged by one or more of the following focus areas asnotified under Section 135 read with Schedule VII of the Companies Act 2013and the Companies (Corporate Social Responsibility Policy) Rules 2014:SAVWIPL has identified ( 1) Healthcare, (2) Environment protection andconservation, (3) People development, and (4) Road safety as broad focus areasfor its CSR projects.Projects in these focus areas will seek to address the needs of the socially andeconomically under-served in society and aim to empower them for a betterquality of life; contribute to nation-building by empowering the youth througheducation and skill development programs; endeavor to alleviate thechallenges of environmental degradation and road traffic injuries.Some of the specific interventions in each of the focus areas would be as follows:Focus ople DevelopmentPage 2 of 5InterventionsI.Enabling access to healthcare for those whodo not have access to a doctor orprimary/sub -healthcare centreII. Providing financial support for specifichealth conditions in association with ahealthcare institutionandI.Enabling rain water harvesting in villagesand other areas that face water shortagesII. Promoting afforestation and restoration ofdegraded forests (wetland and drylandforests)III. Promoting use of renewable energyIV.Supporting cleanliness drivesI.Promoting higher education of youththrough scholarships
II.III.IV.V.Road SafetyI.II.Partnering Industrial Training Institutes toequip youth for jobs in contemporaryindustrial settingsProviding industry exposure throughinternships and mentoring programs for theyouthEnabling conducive learning spacesthrough upgradation of infrastructure inschools and other institutions of learningAny other suitable intervention that canharness the potential of young people,including the differently-abled.Spreading awareness about road rules,regulations and road use behavior, focusingparticularly on vulnerable road users, likeschool children and youthSupporting research based solutionsdeploymentfor reducing road trafficinjuries and fatalities in selected corridors3. Annual spends / Allocation of FundsThe Company would spend not less than 2% of the average Net Profits ofthe Company made during the three immediately preceding financialyears.4.Composition of the CSR Committee.The CSR Committee will consist of three members.The Committee will meet as required, to discuss and review CSR activitiesand Policy. A quorum of two members is required to be present for theproceedings to take place. Such other meetings of the Committee can beconvened as and when deemed appropriate. The Committee members mayattend the meeting physically or via such audio visual means as permittedunder the Companies Act, 2013, and rules framed thereunder. TheCompany Secretary shall act as Secretary to the Committee.Page 3 of 5
The CSR Committee comprises the following members of the Board:NameDesignation & DepartmentMr. Gurpratap BoparaiManaging DirectorMr. Martin MahlkeExecutive Director (Finance & ITP ) and CFOMr. Jan FrydrychExecutive Director (HR & Admn)The Committee will call Special invitees from different SAVWIPL departments forconsultation on different aspects of SAVWIPL’s CSR engagements. Special invitees toCSR Committee currently include: Mr. Pankaj Gupta, Honorary Secretary and VP, External Affairs & CSRMr. Sanjay Khare, Vice President-SafetyMr. Mojmir Hajek, Executive Director-TechnicalMr. Kausik Basu, Head –Accounts & Taxation5. Monitoring of CSR engagementsThe CSR Committee will meet every quarter to review progress on projectsimplemented, monitor finances, consider project proposals, and identify projectsto be recommended to the Board. The Committee may also advise on additionalareas of intervention that comply with schedule VII of Companies Act, 2013 fromtime to time.Appropriate documentation and amendments of the CSR Policy, reports onexecution of projects by CSR Partner(s) and expenditures will be undertaken on aregular basis and same will be available to the Board of Directors of the Company.The CSR Committee and persons /entities authorised by it, will conduct duediligence checks on the current projects/partners on a quarterly basis and reportanomalies, if any, immediately. Based on analysis of projects, the CSR Committeewill carry out roadmap planning for allocation of budget and selection of projects.Page 4 of 5
6. Reporting FrameworkThe CSR Committee will review the CSR activities of the Company and willprovide progress update to the Board of Directors every three months/such otherintervals as deemed fit. The Company will report, in the prescribed format as setout herein as Annexure, the details of CSR initiatives and activities of theCompany in the Directors' Report and on the website of the Company, as requiredunder the regulations. The reporting framework for CSR activities shall be inaccordance with the format prescribed in the Companies (Corporate SocialResponsibility Policy), Rules 2014, vide notification No. GSR 129 (E) dated 27 thFebruary 2014.The surplus arising out of CSR projects or programs or activities shall not formpart of the business profits of Skoda Auto Volkswagen India Pvt. Ltd.7. Amendments to the PolicyThe Board of Directors on its own and/or as per the recommendations of CSRCommittee can amend this Policy, as and when required as deemed fit. Any or allprovisions of the CSR Policy would be subject to revision/amendment inaccordance with the Companies Act, 2013 on the subject as may be issued byrelevant statutory authorities, from time to time.8. List of CSR projectsList of CSR projects, implementation mode and schedule for each financial yearis given in the Annexure to this Policy.The CSR Policy shall continue to be in force until amended by the Board in a meeting ofthe Board of Directors in future.End of policy.Page 5 of 5
Policy No. : CSR - 01 Version 1.1 Skoda Auto Volkswagen India Private Ltd.'s CSR Policy 1. CSR Vision Statement i. Skoda Auto Volkswagen India Pvt. Ltd. [SAVWIPL] shall work towards protection of the environment and to the development of humanity and society in line with Skoda Brand and Volkswagen's Group philosophies. ii.
