Key Environmental commitments of Adani Portfolio companies Note: TCFD: Task Force on Climate-Related Financial Disclosures, SBTi: Science Based Targets initiative, UNGC: United Nations Global Compact, DJSI: Dow Jones Sustainability Indices Governance At the heart of the Adani governance commitment is a one tier Board system with Board of Directors possessing a disciplined orientation and distinctive priorities. Our robust governance structure is based on well-structured policies and procedures that are the backbone of our governance philosophy. Our policies are formulated to ensure business continuity and to maintain a high quality throughout our operations. Board of Directors are the highest authority for the governance and the custodian who push our businesses in the right direction. They provide the overall strategic insights and guidance to our business operations. Our governance framework reflects our value system and is built to boost our governance mechanisms. Ethics and integrity: The Boards of the Adani portfolio (“Boards”) are committed to the highest integrity standards. Directors commit to abide by the ‘Code of Conduct’, regulations and policies under oath, endeavouring to demonstrate intent and actions consistent with stated values. Responsible conduct: The Boards emphasize the Adani portfolio’s role in contributing to neighbourhoods, terrains, communities and societies. In line with this, the Adani portfolio is accountable for its environment and societal impact, corresponded by compliance with laws and regulations. As a mark of responsibility, the Adani businesses extend beyond minimum requirements with the objective of emerging as a responsible corporate. Accountability and transparency: The Boards engage in comprehensive financial and nonfinancial reporting, aligned to best practices relating to disclosures; it follows internal and/or external assurance and governance procedures Structure of the board: All Adani portfolio entities’ Board represents an appropriate balance between executive, non-executive and independent directors to safeguard the interests of 18