Corporate Governance Statement Corporate Governance has been defined as the system by which companies are directed and

controlled. The Board is accountable to the shareholders for ensuring that appropriate Corporate Governance measures are in place. It is imperative for the Company to maximize the Shareholders value and wealth. Though disclosure of Corporate Governance practices is not mandatory in Bangladesh, STS Holdings reports it activities so that investors can place their full confidence in the Company. Corporate Governance is a blend of law, regulation, enforcement, and appropriate voluntary practices by companies that permit a company to attract capital, perform efficiently and generate long-term economic value for its shareholders, while respecting the interests of its stakeholders and society in general. The principal characteristics of effective Corporate Governance include: Protection of the rights of minority shareholders Transparency, including disclosure of relevant and reliable financial and operational information; information on ownership and control; and information on the internal processes of management. Responsible Directors capable of independently evaluating and approving the company's strategy, business plans and decisions, independently hiring, monitoring and, when necessary, replacing management and consultants This Statement outlines the main Corporate Governance Practices in STS Holdings Limited under the following headings: Board of Directors and their roles Relationship with shareholders Accountability and audit Compliance with legal requirements Human Resources Policy Standards of Business Conduct

Apollo Hospitals Dhaka is a very special place, over and beyond its legacy of providing excellent care. It remains dedicated to a mission that values the sanctity of life and places the highest priority on treating every individual with dignity. It has touched more and more lives, providing medical excellence with a human touch and has emerged as a pioneer in its class. From the physicians and nurses to our leadership team and other professionals, we all share in a single-minded approach to provide care for the physical, emotional, and spiritual needs of our community. We succeeded in executing our expansion strategy to grow our network and strengthen our position as a leading provider of value-based integrated healthcare in Bangladesh - always a step ahead in terms of advanced and latest technology, the first internationally accredited JCI Hospital has set the highest standards for the country's private healthcare systems.