Committees

Audit Committee

The Audit Committee undertakes preparatory work for the SB’s decision-making regarding the supervision of the integrity and quality of the company’s financial reporting and the effectiveness of the company’s internal risk management and control systems.

The Committee consists of at least two members of the SB, who are appointed by the SB from among its members. At least half of the members of the Audit Committee are not in any way involved in the management or supervision of a company (or companies) forming part of Tata Steel Group. The chair of the Audit Committee, appointed by the SB, cannot also be the chair of the SB, and is not in any way involved in the management or supervision of a company (or companies) forming part of Tata Steel Group.

Remuneration Committee

The Remuneration Committee undertakes preparatory work for the Supervisory Board with regard to the remuneration policy of the members of the Board of Management and the Supervisory Board advises the shareholder in this respect. The remuneration of the members of the Board of Management is determined by the shareholder. In addition, the Remuneration Committee prepares the assessment of the functioning of the members of the Board of Management. A detailed description of the remuneration policy and the remuneration of the members of the Board of Management for the year 2025/2026 can be found in the Remuneration Report and under Further notes to and signing of the annual accounts.