Organisational Chart & Key Governance Responsibilities ORGANISATIONAL CHART & KEY GOVERNANCE RESPONSIBILITIES

The Board ensures that the key governance positions within the organisation are matched with the corresponding accountabilities. The Directors are aware of their legal duties and responsibilities in line with the Companies Act.

• +- Chairperson of the Board

The Chairperson is primarily responsible for the activities of the Board and its Committees. He is responsible for the running of the Board and ensuring its effectiveness in all aspects of its role, including regularity and frequency of meetings. He acts as the spokesman for the Board and is the principal contact for the Executive Team. The Chairperson and the Executive Team meet regularly. The Chairperson discusses and sets the agenda with the Executive Team and the Company Secretary and facilitates the effective contribution of non-executive directors and encourages active participation during Board meetings. He ensures that Board Members, upon appointment, participate in an induction programme and that the development needs of directors are identified and appropriate training is provided. The Chairperson ensures effective implementation of Board decisions. The Chairperson ensures that directors (particularly non-executive directors) have sufficient time to consider critical issues and obtain answers to any questions or concerns they may have and are not faced with unrealistic deadlines for decision making. The Chairperson maintains sufficient contact with the Shareholders. The Chairperson also ensures that the views of the Shareholder are communicated to the Board as a whole so that all directors develop an understanding of its views.

The Chairperson of the Board is Mr Manickchand Beejan.

• +- Chairperson of the Audit Committee

The Chairperson of the Audit Committee (“Committee”) works in close cooperation with and provides support and advice to the Chairperson of the Board. He/she has the following responsibilities, amongst others:

• To provide risk expertise to the Committee;
• To ensure the financial statements comply with the appropriate accounting standards;
• To guide and advise the Board on an appropriate risk management framework; and
• To report the deliberations of the Audit Committee to the Board.

The Committee shall meet at least twice a year or otherwise as required.

The Chairperson of the Committee is Mr. Mamad Soidek Itoolakhan Lalmahomed.

• +- The Company Secretary

The role of the Company Secretary is to ensure that Board Members have the proper advice and resources for performing
their duties under the relevant legal frameworks. The Company Secretary is also responsible for the organisation and coordination of the Board and Committee meetings and ensuring that the records or minutes of those meetings reflect the proper exercise of those duties. The Company Secretary provides guidance and support to the Board as a whole and directors individually, with detailed guidance as to how their responsibilities should be properly discharged in the best interests of the Company. The Company Secretary assists in the proper induction of directors, including assessing the specific needs of directors. The Company Secretary provides comprehensive practical support and guidance to directors both as individuals and as a collective with particular emphasis on supporting the non-executive directors.
The Company Secretary is Prime Partners Ltd.

• +- Executive Team

The management of EAMC has been entrusted to the Executive Team of MauBank Ltd, headed by the Chief Executive Officer with the support of a Deputy Chief Executive Officer and high caliber Executives.