Corporate Governance Policy

Jay Finance Private Limited ("the Company"), a Non-Banking Financial Company registered with the Reserve Bank of India (RBI Certificate of Registration No. N-14.03397) and the entity powering the Quik Loans platform, is committed to maintaining the highest standards of corporate governance. This policy sets out the governance framework, principles, and structures that guide the Company's Board of Directors and management in directing and controlling the Company's affairs.

This policy applies to the Board of Directors, Key Managerial Personnel, and senior management of the Company, and is formulated in accordance with the Companies Act, 2013, applicable RBI Master Directions for Non-Banking Financial Companies, and other prevailing regulatory guidelines.

The Company's Board currently comprises four (4) Directors, collectively responsible for the overall direction, strategy, and oversight of the Company. The Board is entrusted with:

• Setting the Company's strategic objectives and risk appetite.
• Approving and periodically reviewing key policies, including the Fair Practice Code, Interest Rate Policy, Risk Management Policy, and KYC & AML Policy.
• Overseeing management performance and ensuring adherence to statutory and regulatory obligations.
• Ensuring adequate internal control and compliance systems are in place.

Given the Company's current scale of operations, the Board has not yet constituted separate Board-level committees (such as an Audit Committee or Risk Management Committee) and directly discharges these oversight functions as a full Board. The Company will constitute dedicated committees as and when required under the Companies Act, 2013, RBI's Scale Based Regulation framework for NBFCs, or any other applicable law, and this policy will be updated accordingly.

The Company ensures that persons in key managerial and senior management positions meet applicable 'fit and proper' criteria prescribed by the RBI, and that their roles and responsibilities are clearly defined and communicated within the organization.

Directors, Key Managerial Personnel, and employees are expected to act with integrity, transparency, and accountability in all dealings with customers, regulators, and other stakeholders, and to avoid conflicts of interest in the discharge of their duties.

The Company is committed to transparent disclosure of material information relevant to its stakeholders, including statutory filings, board-approved policies, and financial statements, to the extent required under applicable law.

This Corporate Governance Policy shall be reviewed periodically by the Board of Directors to ensure continued alignment with regulatory requirements and the evolving scale of the Company's operations.

Jay Finance Private Limited | CIN: U65999DL2016PTC301674 | RBI Certificate of Registration No. N-14.03397 (Non-Deposit Taking NBFC), issued by the Department of Non-Banking Supervision, RBI, New Delhi Regional Office. Registered Office: 49, DDA Site-1, M Block, New Rajender Nagar, Delhi – 110060.

For queries regarding this policy, please contact us at info@quikloans.in or call +91 8448118306.