Format of Compliance Report on Governance for REITs

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....quarter. (2) The report referred in sub-regulation (1) of this regulation shall be signed either by the compliance officer or the chief executive officer of the Manager. 2. Accordingly, the formats of Compliance Report on Governance shall be as under: (a) Annex - I - within twenty one days from the end of each quarter; (b) Annex - II - within twenty one days from the end of financial year on an annual basis; (c) Annex - III - within three months from the end of financial year on an annual basis; 3. Reporting and Monitoring (a) The manager of the REIT shall submit the compliance report on governance in the aforesaid format to the stock exchanges within the timelines as specified above. The c....

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....s of the Manager Title Name PAN$ Category (Mr. / of the & DIN (Chairperson Ms.) Directo r / Non- Independent/ment Independent / Nominee) & No of Number of Initial Date of Date Ten No. of Date of Reappoin of ure* directorship Independentmemberships in Appoint tment Ces satio In Number of posts of Chairperson in s in all directorship Audit / Stakeholder Audit / Stakeholder Managers/s in all Committee(s) in all Committee(s) in all Investment Managers / Managers / Managers Investment Investment of REIT/ InvIT and listed Managers of Managers of REIT REIT/InvIT/InvIT and listed and listed entities, including entities, this Manager including Managers/ I....

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..../independent/Nominee. If a director fits into more than one category write all categories separating them with hyphen. III. Meetings of Board of Directors Date(s) of Date(s) of Meeting (if Whether Number of Meeting (if any) any) in the relevant in the previous quarter requirement of Directors present* Quorum met* Number of independent directors present* quarter Yes/No *to be filled in only for the current quarter meetings IV. Meetings of Committees Date(s) of meeting of the committee in the relevant quarter Whether requirement Number of of Quorum met (details)* Yes/No Directors present* Maximum gap between any two consecutive meetings (in number of ....

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....as been placed before Board of Directors of the Manager. Any comments/observations/advice of the board of directors may be mentioned here. Name & Designation Compliance Officer/CEO Note: Information at Table I and II above need to be necessarily given in 1st quarter of each financial year. However, if there is no change of information in subsequent quarter(s) of that financial year, this information may not be given by the Manager and instead a statement "same as previous quarter" may be given. Page 5 of 9 5=31 भारतीय प्रतिभूति और विनिमय बोर्ड Securities and Exchange....

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....ector(s) have been appointed in terms of specified criteria of independence' and/or 'eligibility' Compliance status (Yes/No/NA) refer note Regulation Number below 2(1)(qai) Board composition 4(2)(e)(iv), 26A, 26B(1) Meeting of board of directors 26A Quorum of board meeting 26B(2) Review of Compliance Reports 26B(3) Plans for orderly succession for Appointments 26A Code of Conduct 26A Minimum Information 26B(4) Compliance Certificate 26B(5) Risk Assessment & Management Performance Evaluation of Independent Directors 26A 26A Recommendation of Board 26B(6) Composition of Audit Committee 26A Meeting of Audit Committee 26A Composition of Nomination....

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....d has been composed in accordance with the requirements of REIT Regulations, "Yes" may be indicated. Similarly, in case the REIT has no related party transactions, the words "N.A." may be indicated. 2 If status is "No" details of non-compliance may be given here. 3 If the Manager would like to provide any other information the same may be indicated here. Name & Designation Compliance Officer/CEO Page 8 of 9 5-31 भारतीय प्रतिभूति और विनिमय बोर्ड Securities and Exchange Board of India Format to be submitted by Manager within three months from the end of financial year ....