Introduction

Exide Technologies, “Exide,” is a global leader in stored electrical energy solutions, including batteries and associated equipment and services for the transportation and industrial markets. We are committed to providing world-class stored energy solutions that lead the industry in quality and performance, drive customer results and make a difference in people’s lives. Exide will stand for safety, innovation and partnership while providing a rewarding workplace for our employees.

CSR Policy

Exide Technologies embraces its responsibility to operate in a manner that protects the health, safety and well-being of our employees, contractors, visitors, and those in the communities where we live and operate. Exide conducts business with integrity, openness and honesty – every day, in everything we do, and feels success is measured by more than just financial performance. As such, we commit to operate under the highest ethical standards and in strict compliance with applicable laws and regulations, and we hold our sites accountable for all aspects of environmental, health and safety.

Nothing contained in the Guidelines is intended to expand applicable standards of liability under statutory or regulatory requirements for the Company’s directors, as and to the extent otherwise applicable. The purposes and responsibilities outlined in the Corporate Governance Guidelines are meant to serve as guidelines rather than as inflexible rules and the Board is encouraged to adopt such additional procedures and standards as it deems necessary from time to time to fulfill its responsibilities.

The Governance Committee shall review these Guidelines annually, or more frequently as appropriate, in comparison to the governance standards identified by leading governance authorities and the Company’s evolving needs and shall determine whether or not an amendment to these Guidelines should be recommended to the Board. Upon recommendation of the Governance Committee, the Board shall consider and adopt amendments to these Guidelines as appropriate.

All members of the Board must inform the Audit Committee of all types of transactions between them (directly or indirectly) and the Company as soon as reasonably practicable even if these transactions are in the ordinary course of business. The Audit Committee will review all related party transactions for which audit committee approval is required by applicable law.

Assessing the Board and Committee Performance. With the assistance of the Governance Committee, the Board and its committees will conduct annual evaluations to assess whether it and its committees are functioning effectively and to seek input on improvements to the Board and committees. The Governance Committee will receive comments from all Directors and report annually to the Board with an assessment of the Board’s and each Committee’s performance, which will be discussed with the Board following the end of each fiscal year.