Adani Portfolio: 6 of 9 listed Companies independent regulator interface 15 Listed Entity Concessionaire/Regulator Remarks Adani Ports & SEZ Yes, Various State Maritime Boards Gujarat Maritime Board, in its capacity as a Concessionaire, (GMB) has a nominee director on the board of APSEZ Adani Power CERC and various SERC’s Adani Transmission CERC and various SERC’s eg MERC Adani Green Energy CERC and various SERC’s Adani Enterprises (AEL) NHAI, AAI and AERA For example in Adani Airports – AERA Adani Total Gas PNGRB Adani Wilmar NA EY now a joint statutory auditor Ambuja & ACC NA Prior, entities were owned by Holcim In addition to accounts, SEBi , BSE or NSE requirement’s 6 of our listed entity’s are also obliged to provide regular filings for the business regulators. In these cases Revenue , claimed expenses and claimed capital expenses are independently reviewed by the regulators as part of the relevant legislations eg Electricity Act

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