Conclusion 34 – Fully funded growth supported by largest Equity Program in India – Across the Portfolio for USD 16 bn – Continued De - leveraging – Reduced Net Debt / EBIDTA – Progressive improvement in Ratings (e.g.: APL – from BBB - to A) – All Capital Management Plan are on track as committed during past 3 years – Detailed up to 5 – 10 – 30 Years – Based on Long Term Risk adjusted cost of capital (e.g.: Treasury Rate have been used @ 3.75%) – As committed full ESG framework and measures have been implemented in all the verticals in line with Global standards – Assurance through CRC committee – Disclosures as per SBTi, TCFD, SDG, GRI & UNGC – Impact baseline assessment by third party consultants like BCG Equity Debt Risk Management ESG EBIDTA – Portfolio EBIDTA 26% – Utility platform EBIDTA 26% – Transport & Logistics portfolio EBIDTA 19% ESG - Environment Social Governance I EBIDTA – Earning Before Interest Depreciation Tax Appropriation I SBTi - Science Based Targ ets initiative I TCFD - Task Force on Climate - related Financial Disclosures I SDG - Sustainable Development Goals I GRI - Global Reporting Initiative I UNGC - United Nations Global Compact I BCG – Boston Consultancy Group