Investor Presentaiton

SMFG India Credit Pragati Ki Nayi Pehchaan ROC/ Board Oversight External Auditors 1st line of defense Operational and Business. Units 2nd line of defense Operational Risk Management, Fraud Risk Management, Internal Control Unit, Information Security and Compliance ORM framework components Risk Governance framework • Enterprise level Risk Framework Agile framework, multilayer controls Regulators 3rd line of defense Independent Review by Internal Audit Implementation/ execution Regular Operational Risk Management Committee (ORMC) meetings to review operational risk issues Regular Risk Oversight Committee (ROC) meetings to assess operational risk profile Robust Operational Risk policies and standards Policy/Procedures Risk Identification • Internal Financial Controls (IFC) standards as mandated by Companies Act • • Regular process walkthroughs and reviews Comprehensive Risk library Periodic Risk Assessments • Risk Assessment & Measurement • Loss Data management Control & Mitigation • Monitoring & Reporting • Periodic control assessment Timely corrective actions Key Risk Indicators monitoring across 200+ parameters Regular reporting to ORMC and ROC 23

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