THE ADANI PORTFOLIO OF COMPANIES The multi-business Adani Portfolio of companies is one of the most dynamic industrial conglomerates in India. The promoter The Adani group of companies has evolved from a singular commodity trading company in 1988 to a strategic portfolio of businesses collectively addressing India’s critical infrastructure needs. The Adani Portfolio of companies Headquartered in Ahmedabad, India, the Adani Portfolio comprises the largest and fastest-growing portfolio of diversified businesses in India with interests in Logistics (seaports, airports, logistics, shipping and rail), Resources, Power Generation, Transmission & Distribution, Renewable Energy, Gas & Infrastructure, Agro (commodities, edible oil, food products, cold storage and grain silos), Real Estate, Public Transport Infrastructure, Cement, Media, Defence & Aerospace, Mining Services, Copper, Petrochemicals, Data Centre and other sectors. Scale Most Adani Portfolio businesses are among the largest in India, marked by attractive economies of scale. Adani Enterprise Limited is India’s largest business incubation company. Adani Green Energy Limited is among the largest renewable energy businesses in the world. Adani Total Gas Limited is the largest city gas distribution business in India. Adani Ports & Special Economic Zone Limited is the largest private sector port operator in India. Adani Wilmar is the largest edible oils brand in India. Adani Energy Solutions Limited is the largest private sector transmission and distribution company in India. Adani Power Limited is the largest private sector thermal power producer in India. Ambuja Cement (with subsidiary ACC Limited) is the second largest cement manufacturer of India and an iconic cement brand. Visibility The Adani Portfolio comprises ten publicly traded companies. Positioning India is the fasted growing economy in the world and Adani is positioned to underpin that growth with critical infrastructure. Adani enjoys an established track record in energy, port systems, transportation and logistics and is expanding into domains such as data centers, aerospace and airports. Everything the Group does is at scale, where safety is the first priority and sustainable operating practices are benchmarked with global standards. Core philosophy Sustainability and long-term business performance are intertwined, each requiring the other for enduring and meaningful success. The Group is committed to protecting the planet and enabling inclusive growth. It is not a straight line, nor is it easy but a commitment to diversity, shared stakeholder values and sustainable local communities is what guides the Group. The big picture The Adani Group is fully aligned with India’s UNSGA commitments with 5 of its 7 listed companies committed to Net Zero by 2050. Despite significant macro economic headwinds, the Adani group remains the only infrastructure investment grade Bond issuer in India. Values Vision: To be a world-class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation. Culture Integration: Working across functions and businesses to create synergies Passion: Performing with enthusiasm and energy Dedication: Working with commitment in the pursuit of our aims Results: Consistently achieving goals Entrepreneurship: Seizing new opportunities with initiatives and ownership Commitment: We shall stand by our promises and adhere to high standards of business Courage: We shall embrace new ideas and businesses Trust: We shall believe in our employees and other stakeholders Enriching communities of its presence Engaged in nation building Enhancing stakeholder value ESG Report 2022-23 19 18 Adani Group