Risk Assessment and Management

Our Enterprise Risk Management (ERM) framework integrates key risks into our corporate strategy, ensuring the protection and involvement of all stakeholders. Our comprehensive ERM enables us to identify, analyze, mitigate and monitor various risks that may impact our company in the short or long term. To risk-proof our business even more, we plan to develop Enterprise Resource Planning (ERP) 2.0 in the next year, which would be an advanced, high-tech-driven upgrade over our current ERP.

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Enterprise Risk Management Framework

RISK REPORTING

APPLICABILITY

Brookfield India REIT

FRAMEWORK

Risk Management Principles and Guidelines

Approach
	Compliance	Operational	Reputation	Strategic	Financial
SCOPE AND COVERAGE	Regulatory compliance, FCPA and anti-bribery and corruption	Health and safety Physical security Environment and sustainability IT and Cybersecurity	Negative impact on stakeholders Weak customer relations Not able to upkeep campus in line with customer expectations	Catastrophic event/loss Geopolitical, Operational execution Human capital Change in business model	Capital raising & liquidity Development and repositioning Economic condition, Financial reporting Tax
STRUCTURE	Board	Risk Committee	Risk Committee	Head Risk Management	Risk Owners
	Risk assessment and risk monitoring and review

PROCESS	Risk Recording and Monitoring

RISK RESPONSE AND MITIGATION

A view of the majestic Fairmont building located in Downtown Powai, Mumbai, showcasing its classical architectural design with grand columns, large windows, and well-maintained landscaping

Fairmont, Downtown Powai, Mumbai

Risk Assessment

Brookfield India REIT considers effective risk assessments essential for achieving our organizational goals. Identifying risks early on allows us to manage or mitigate them effectively. Our approach to risk assessment spans all aspects of our business, addressing economic, operational, social and environmental risks.

Our dedicated Risk Management Committee plays a crucial role in identifying a wide range of potential risks. Our risk leader assesses enterprise-level risks by examining how external factors interact with our internal operations. We also gather feedback from internal and external stakeholders on current and emerging risks in our daily activities. Once identified, risks are evaluated based on their potential impact, likelihood of occurrence and our ability to respond promptly and effectively. We then develop management and mitigation strategies accordingly.

We believe that creating awareness among our workforce and business partners enhances our risk management efforts, protects our reputation and upholds our core values. To achieve this, we prioritize training in Anti- Bribery and Corruption and our Code of Conduct. These mandatory sessions demonstrate our commitment to mitigating compliance and ethical risks. This proactive approach is essential for fostering a vigilant outlook in risk management, strengthening our overall risk resilience.

ENVIRONMENT

SOCIAL