Governance

Raghav Bahl (Non-executive director)
Mr Bahl has over 24 years’ experience in entertainment, media and journalism. He began his career in media in 1985 as a correspondent and anchorperson for Doordarshan, the Indian state owned national broadcaster. He was the anchorperson and production consultant for India’s first monthly video news magazine, Newstrack, produced by the India Today group. From 1991 to 1993 he was executive director of Business India Television and produced the Business India Show and Business A.M. on Doordarshan. He was the winner of the Sanskriti Award for Journalism in 1994 and has written articles for The Times of India, The Statesman and The Pioneer. Mr Bahl is a member of the World Economic Forum and is the founder and majority shareholder of Network 18, a highly respected media conglomerate. Network 18 Group has strategic relationships with media giants NBC Universal, CNN, Viacom, Time Warner and Forbes and currently broadcasts four 24-hour news channels in India and employs more than 6,000 media professionals across India. In 2007, Mr Bahl was ranked by one of India’s leading magazines, as the 15th most powerful man in India and more recently in 2008 as one of the top 50 influential Indians by a leading English newspaper in India. Mr Bahl was also named the Business Transformation Entrepreneur for the Year 2007 by Ernst & Young.

Tsang Fan Hin Tsang Mang Kin (Non-executive director)
Mr Tsang Mang Kin is currently chairman of King Group which includes London Satellite Systems, a leading broadcaster in Mauritius which broadcasts Indian, Chinese, Pakistani, Middle Eastern and European channels. He was a member of parliament and a prominent member of the political establishment in Mauritius for ten years during which time he was a government minister of key portfolios such as Public Affairs and Arts, Culture and Leisure. He was the deputy director of the Commonwealth Foundation in London between 1983 and 1990 and has been involved with several Commonwealth initiatives. His diplomatic career spanned from 1968 to 1990, during which time he was posted in Paris and Brussels and served as the Minister-Counsellor of External Affairs. An essayist and a poet, writing in both English and French, he is also president of the Mauritius branch of CNAM in France, a UNESCO resource delegate on Multiculturalism and a member of CPTM’s International Advisory Council. Mr Tsang Mang Kin has a degree from the University of London.

Vivek Chadha (Non-executive director)
Mr Chadha is currently managing director of Chadbro (Mauritius) Limited, a management consultancy firm, which advises media companies in Mauritius. He was formerly the chairman, managing director and chief executive of the Union International Bank Limited in Mauritius and has also served as chief executive of Fairtrade Resources in Singapore. He was previously General Manager of MRC Wire Products Limited. He has a keen interest in the Indian film industry and has good contacts with Mauritius and Indian institutions. Mr Chadha has a degree from the Sri Ram College of Commerce at Delhi University.

Bhavneet Singh (Non-executive director)
Mr Singh is managing director and executive vice president for emerging markets, MTV Networks International (MTVNI). Mr Singh has been instrumental in setting up the MTV brand of channels including MTV, Nickelodeon, VIVA, Comedy Central, VH1 and Colors in Poland, the Middle East, Turkey, Hungary, Ukraine, Israel and the Czech Republic. Prior to MTV, Mr Singh held senior positions at Manchester United, IMG TWI and the Discovery Channel.

Haresh Chawla (Non-executive director)
Mr Chawla is group CEO of the Network 18 and Viacom18 group. Mr Chawla has been in this position since December 1999, when he joined Network 18. Under his leadership and guidance, Network 18 has been transformed from a production house to one of India's leading news networks with flagship channels being CNBC TV18, CNBC Awaaz, CNN IBN, IBN7 and IBN Lokmat. Mr Chawla led the very successful launch of Viacom 18’s 24-hour general entertainment channel, ‘Colors’, and led the existing channels MTV, Nick and VH1 into leadership positions. The Network 18 and Viacom 18 group today reaches out to more than 300 million households across various platforms, including television, print, films, mobile and internet. Mr Chawla’s previous assignments have all been with start-ups including the Times of India group where he launched their music label - Times Music, Amitabh Bachchan Corporation Limited and the HCL group. Mr Chawla is an engineer from IIT Mumbai and has an MBA from the Indian Institute of Management, Kolkata.

Sanjeev Manchanda (Non-executive director)
Mr Manchanda is an advisor to companies in the entertainment & media sector, providing strategic advice on business plans and strategies, corporate finance, and transition during growth cycles. Mr Manchanda is also an investment banker specialising in fundraising through private equity, arrangement of debt, IPOs and on M&As in media and other sectors. Mr Manchanda is a qualified Chartered Accountant and a graduate in Economics from St. Stephens College, University of Delhi.

Key terms of the Investment Management Agreement with Film Investment Managers (Mauritius) Limited (the "Investment Manager")

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