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Investor Presentaiton

53 THE BOARD AND ITS COMMITTEES Looking to the Future with Confidence Board Credit and Investment Committee Hesham Abdulla Al Qassim H.E. Mohamed Hadi Ahmed Al Hussaini Ali Humaid Ali Al Owais Salem Mohammed Obaidalla Chairman Member Member Member The Board Credit and Investment Committee assembles as required in order to review and approve the Group's credit exposures and investment portfolios. This highly specialised Committee supports the Board Executive Committee and the Board Risk Committee in actively managing credit and investment risk. It oversees the execution of the Group's credit risk management and reviews the credit profile of material portfolios to ensure that credit risk rating is aligned with business strategy and risk appetite. Board Risk Committee Ali Humaid Ali Al Owais Hesham Abdulla Al Qassim Salem Mohammed Obaidalla Chairman Member Member The Board Risk Committee shapes the overall philosophy and approves all risk management frameworks. The Committee also supervises the establishment and operations of risk management systems and receives regular reviews on their effectiveness. In addition, it is responsible for Emirates NBD Group's corporate and risk governance framework, which includes reviewing, approving and monitoring various Group Risk Management Procedures, Group Risk appetite and the Overall Risk Profile. The Committee also supervises Basel II and III related activities. It assembles on a quarterly basis. Board Nomination Remuneration and ESG Committee Buti Obaid Buti Al Mulla Hesham Abdulla Al Qassim Ali Humaid Ali Al Owais Chairman Member Member The Board Nomination and Remuneration Committee reviews and guides Management on strategic Human Resources (HR) decisions related to executive succession planning, nationalisation strategy, top management appointments and remuneration policies. The Committee assembles on a quarterly basis and ensures that the Group's HR policies are practiced in a professional and ethical manner. Board Profit Equalisation Committee Hesham Abdulla Al Qassim Buti Obaid Buti Al Mulla Salim Al Ali "ISSC representative" Chairman of the Committee Member Member The Board Profit Equalisation Committee, formed in November 2022, is a Committee of the Board from which it derives its authority and to which it regularly reports. The Committee assembles on a quarterly basis and oversees the profit equalisation services, scrutinise their utilisation and make appropriate recommendations to the Board. Management Executive Committee Team The Management Executive Committee (EXCO) manages the Group's activities in a manner consistent with the business strategy, risk appetite, remuneration and other policies set by the Board. The EXCO updates the Board periodically with all material matters including changes in business strategy and risk appetite, the Group's performance and financial condition, breaches of risk limits or compliance rules, internal control failures, and legal or regulatory concerns. The EXCO assembles twice a month. Emirates NBD M ANNUAL REPORT 20 202 54 54
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