Hitachi Solutions India Private Limited

CSR Policy

1. BACKGROUND

As per Sec 135 of the Companies Act, 2013 and rules framed thereunder, the provision of Corporate Social
Responsibility (CSR) obligations shall be applicable to Hitachi Solutions India Private Limited (the Company / HSIN) in
the event of net profits exceeding INR 50 Million in the immediately preceding financial year. Accordingly, it becomes
necessary to have a CSR policy in place and the Board to supervise the implementation of the same.

2. OBJECTIVES

HSIN CSR Policy intends to:

  • Strive for economic development that positively impacts the society at large.
  • Embrace responsibility for the Company’s actions and encourage a positive impact through its activities on
    hunger, poverty, malnutrition, environment, communities, stakeholders and the society.

3. FOCUS AREAS

In accordance with the requirements under the Companies Act, 2013, HSIN CSR activities, amongst others, will focus
on:

  • HUNGER, POVERTY, MALNUTRITION AND HEALTH: Eradicating extreme hunger, poverty and
    malnutrition, promoting preventive healthcare and sanitation and making available safe drinking water.
  • EDUCATION: Promoting education, including special education and employment-enhancing vocational
    skills especially among children, women, elderly and the differently abled, and livelihood
    enhancement projects; monetary contributions to academic institutions for establishing endowment
    funds, chairs, laboratories, etc., with the objective of assisting students in their studies.
  • GENDER EQUALITY, EMPOWERMENT OF WOMEN & SUPPORT OF THE ECONOMICALLY BACKWARD
    GROUPS:
    Promoting gender equality and empowering women; supporting initiatives for women,
    orphans, senior citizens and other socially and economically backward groups as may be identified from time
    to time.
  • ENVIRONMENTAL SUSTAINABILITY: Ensuring environmental sustainability, ecological balance,
    protection of flora and fauna, animal welfare, agro-forestry, conservation of natural resources and
    maintaining the quality of soil, air and water.
  • NATIONAL HERITAGE, ART AND CULTURE: Protecting national heritage, art and culture including
    restoration of buildings and sites of historical importance and works of art; setting up public libraries;
    promoting and developing traditional arts and handicrafts.
  • PROMOTE SPORTS: Training to promote rural sports, nationally recognized sports, Paralympic sports and
    Olympic sports.
  • GOVERNMENT FUNDS: Contribution to the prime minister’s national relief fund or any other fund set up by
    the central govt. for socio economic development and relief and welfare of the schedule caste, tribes, other
    backward classes, minorities and women.
  • RURAL DEVELOPMENT PROJECTS: Contribution to the Rural development Projects and Slum area
    development projects.
    Note: For the purposes of this item, the term ‘slum area’ shall mean any area declared as such by the Central
    Government or any State Government or any other competent authority under any law for the time being in
    force.
  • CSR may include other activities as laid down in Schedule VII of the Companies Act, 2013 and amended
    from time to time.

4. UNDERTAKING CSR ACTIVITIES

HSIN will undertake its CSR activities as may be approved by the Board of Directors.

5. LOCATION OF CSR EFFORTS

The Board will decide the locations for CSR activities.

6. GOVERNANCE & RESPONSIBILITIES OF THE Board

CSR implementation shall be periodically reviewed and monitored by the Board as per the requirements of Section 135 of the
Companies Act, 2013.
The responsibilities of Board include:

  • Formulating the CSR Policy and deciding activities to be undertaken,
  • Approving the amount of expenditure for the CSR activities, and
  • Monitoring CSR activities from time to time.

7. FUNDING, SELECTION AND MONITORING PROCESS

HSIN will receive requests for funding of projects throughout the financial year (April to March). The Board will
evaluate proposals received under the CSR focus areas and projects will be prioritized by assessing their impact. The
Board will deliberate on the proposals and approve proposals for implementation at its discretion.
HSIN representatives will collaborate with stakeholders to monitor the status of each project and will report its
findings to the Board periodically.