1. Introduction

The Risk and Audit Committee (“the Committee”) is a standing committee of Infra Fin Advisory (“the Company”) established by the Board of Directors (“the Board”). The Committee assists the Board in fulfilling its oversight responsibilities related to financial reporting, internal controls, risk management, regulatory compliance, and audit functions.

2. Purpose

The primary purpose of the Committee is to ensure:

• The integrity of the Company’s financial statements and reporting processes.
• The effectiveness of internal control systems and risk management frameworks.
• Compliance with legal, regulatory, and corporate governance requirements.
• Oversight of internal and external audit functions.

3. Membership

• The Committee shall consist of at least three (3) independent non-executive directors appointed by the Board.
• The Chairperson shall be an independent director with relevant financial expertise.
• Members shall possess knowledge in finance, risk management, and audit functions.
• The Chief Financial Officer (CFO), Chief Risk Officer (CRO), and other executives may attend meetings by invitation.

4. Authority

The Committee has the authority to:

• Investigate any activity within its scope.
• Access company records, financial statements, and reports.
• Engage external advisors and auditors as necessary.
• Make recommendations to the Board on risk, audit, and financial matters.

5. Responsibilities

5.1 Financial Reporting

• Review financial statements before submission to the Board.
• Assess accounting policies, estimates, and judgments applied.
• Ensure financial reports comply with regulatory standards.

5.2 Risk Management

• Oversee the risk management framework and policies.
• Review risk assessment reports and mitigation strategies.
• Ensure business continuity and crisis management plans are in place.