Our Corporate Governance processes are designed to support effective management of multiple businesses while retaining focus on each one of them. The practice of Corporate Governance in ITC takes place at three interlinked levels:

Strategic supervision - by the Board of Directors.

Strategic management - by the Corporate Management Committee.

Executive management - by the Divisional/Strategic Business Unit (SBU) Chief Executive assisted by the respective Divisional/ SBU Management Committee.

The role, powers and composition of the Board of Directors, Board Committees, Corporate Management Committee and Divisional Management Committees is articulated and available on the Company’s corporate website www.itcportal.com