Adani Green Energy Ltd

Adani Enterprises Limited (AEL) believes that it is necessary to represent and engage with authorities on matters concerning the various sectors in which it operates. AEL's engagement with the relevant authorities is guided by the values of commitment, integrity, transparency, and the need to balance interests of diverse stakeholders. [...] The Policy on Responsible Advocacy specifies the following critical and necessary guidelines to be followed by all employees and relevant contractors engaged by AEL and all its subsidiaries in all advocacy activities with internal and external stakeholders. [...] - Achieve total compliance with all applicable regulations pertaining to advocacy activities with the Government, non-governmental organisations, industry associations, and individuals [...] - Focus on transparency, accountability, strong corporate governance standards and ethical guiding principles in all advocacy interactions [...] - Strengthen public advocacy principles by seeking alignment with the (evolving) appropriate national and international transparency, accountability, and ethical code of conduct frameworks [...] - Ensure adherence to anti-corruption guidelines/policy (available on AEL's website) in all stakeholder interactions [...] - Implement record management tools to record all advocacy interactions performed on behalf of AEL and its subsidiaries by employees and relevant contractors [...] - Implement grievance redressal mechanisms to support the investigation of any instance of non-compliance with this policy [...] - Undertake appropriate disciplinary action against any proven instance of noncompliance with this policy [...] This Policy applies to all employees of AEL companies globally, members of AEL's Board and AEL's contractors when acting on AEL's behalf such as agents, public affairs, communications and legal consultants, outsourced personnel, and other third-party representatives. [...] The policy shall be reviewed periodically for its appropriateness and updated as necessary.

The PMAG must meet at least annually and track the allocation of proceeds. If a project ceases to be eligible, The PMAG will reallocate the funds to other eligible assets as soon as possible.

###### 2.2. AGEL's ESG Governance

AGEL has constituted six different committees of the Board of Directors ("BoD") that sets the highest example of governance and sustainability in AGEL. This goes beyond the regulatory requirements applicable under the Companies Act, 2013 in India.

The six committees and their key responsibilities include:

(i) The Corporate Responsibility Committee which oversees all ESG performance and sustainability related disclosures by AGEL.
(ii) The Risk Management Committee which oversees and safeguards the risk to all stakeholders. Enterprise Risk Management is one of the key pillars of corporate governance at AGEL.
(iii) The Corporate Social Responsibility (CSR) Committee of BoOD that fulfills the statutory requirement under the Companies Act and ensures that AGEL operates as corporate citizen for inclusive growth with all stakeholders, especially in the communities where AGEL is operating.
(iv) The Stakeholder Engagement Committee which oversees stakeholder engagement including shareholders.
(v) The Audit Committee; and
(vi) The Remuneration Committee

Together, these committees set the highest example of the Board Governance at AGEL and ensure strong ESG execution.

These committees are comprised of 50-100% of independent directors (e.g. the "Corporate Responsibility Committee" has 100% of independent directors, "Corporate Social Responsibility Committee" has at least 75% of independent directors, "Risk Management Committee" has at least 50% of independent directors). The Terms of Reference (TOR) of these committees have been published on AGEL's website.

The company has also established a system to ensure the integrity of ESG performance disclosure, in the following order:

A. Corporate Responsibility Committee of the Board of Directors with 100% independent directors oversee and assures sustainability performance and disclosures at AGEL.
B. For development of the ESG report, the Sustainability reporting team has been formed at all operating locations guided by Head ESG at Corporate Office.
C. For development of the ESG report, the Sustainability Reporting Team has been formed at all operating locations guided by Head ESG at Corporate Office.
D. Integrated Management Systems covering Energy, Quality, Asset, Environment, Health and Safety, Business continuity, Information Security and Information and Communication Technology Readiness for Business Continuity has been adopted at all operating locations.
E. The report is internally released to Apex Sustainability Committee, which is a group of functional heads, for review and comments before submission of report for Assurance by External Agency.
F. ESG report is apprised to the "Corporate Responsibility Committee of BoD" and External Assurance is obtained before releasing in public domain through Company Website.

**PRINCIPLE 7** **BUSINESSES, WHEN ENGAGING IN INFLUENCING PUBLIC &** **REGULATORY POLICY, SHOULD DO SO IN A MANNER THAT IS** **RESPONSIBLE & TRANSPARENT** **Policy:** AGEL interacts with Government/ Regulatory Authorities on public policy frameworks. I. AGEL while pursuing advocacy policy, will ensure that their advocacy positions are consistent with the principles and core elements contained in this policy enhancing business responsibility and transparency. II. To the extent possible, AGEL will utilise the trade and Industry chambers and associations and other such collective platforms to undertake such advocacy policy. III. AGEL will use Code of Conduct as a guide for its actions in influencing public and regulatory policy.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes