Corporate Social Responsibility Policy

The Corporate Social Responsibility Policy of Strata Geosystems (India) Private Limited ('the Company') has been developed in accordance with Section 135 of the Companies Act, 2013 on CSR and in accordance with the CSR rules and amendments duly notified by the Ministry of Corporate Affairs. This policy shall apply to all CSR projects / programmes undertaken by the Company as per Schedule VII of the Act. Corporate Social Responsibility is strongly connected with the principles of Sustainability; an organization should make decisions based not only on financial factors, but also on the social and environmental consequences. Therefore, it is the core corporate responsibility of Strata Geosystems (India) Private Limited ('the Company') to practice its corporate values through its commitment to grow in a socially and environmentally responsible way.

CSR Policy intends to:

• Strive for economic development that positively imports the society at large with a minimal resource footprint.
• 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.

In these rules, unless the context otherwise requires:

• "Act" means the Companies Act, 2013.
• "Corporate Social Responsibilities (CSR)" means and includes but is not limited to: Projects or programs relating to activities specified in Schedule VII to the Act or Projects or programs relating to activities undertaken by the Board of Directors of a company (Board) in pursuance of recommendations of the CSR Committee of the Board as per declared CSR Policy.
• "CSR Committee" means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.
• "CSR Policy" relates to the activities to be undertaken by the company as specified in Schedule VII to the Act and the expenditure thereon, excluding activities undertaken in pursuance of normal course of business of a company.
• "Net Profit" means the net profit of a company as per its financial statement prepared in accordance with the applicable provisions of the Act.
• Words and expressions not defined in this policy shall have the same meaning as assigned to them in the Act and CSR Rule.

In accordance with the requirements under the Companies Act, 2013, Strata Geosystems (India) Private Limited CSR activities will focus on:

• Hunger, poverty, malnutrition and health: Eradicating extreme hunger, poverty and malnutrition, promoting preventing, 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 able and livelihood enhancement projects, monetary contributions to academic institutions.
• Rural development projects: Strengthening rural areas by improving accessibility housing, drinking waters, sanitation, power and livelihoods, thereby creating sustainable villages.
• Gender equality and empowerment of women: Promoting gender equality and empowering women; setting up homes, hostels and day care centers for women and orphans: setting up old age homes and such other facilities for senior citizens and adopting measures for reducing inequalities faced by socially and economically backward groups.
• 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 building and sites of historical importance and works of art; setting up public libraries, promoting and developing traditional art and handicrafts.

The company will undertake its CSR activities approved by the CSR Committees. The surplus arising out of the CSR activities, projects or programs shall not form part of the business profit of the Company.

Companies may build CSR capacities of their own personnel as well as those of their Implementing agencies through Institutions with established track records of at least three financial years but such expenditure, "including expenditure on administrative overheads", shall not exceed five percent of total CSR expenditure of the company in one financial year.

The CSR committee will decide on the location for CSR activities.

CSR expenditure shall include all expenditure including contribution to corpus for projects or programs relating to CSR activities approved by the Board on the recommendation of its CSR Committee.

The Board of Directors of the company shall, after taking into account the recommendations of CSR Committee, approve the CSR policy for the company and disclose contents of such policy in its report and the same shall be displayed on the company’s website.

The Company shall have a CSR Committee of Board consisting of three or more directors.

The responsibilities of the CSR Committee include:

• Formulating and recommending to the Board of Directors the CSR policy and indicating activities to the undertaken.
• Recommending the amount of Expenditure for the CSR activities.
• Monitoring CSR activities from time to time.

The Company may, as per the recommendation of CSR Committee, either directly or through a registered trust / society can undertake CSR activities as per the provisions of the Companies Act, 2013.