Road and Water Business Company: Adani Road Transport Limited and Adani Water Limited Accelerating national infrastructure development. Diversified into the road, metro, and rail sectors in 2018. Focused on the advancement of national highways, expressways, tunnels, metro systems, and railways. Owns the longest private railway lines in India, spanning 300 kilometers, connecting ports, mines, and business hubs Completed three HAM road projects Three Border Check Posts operational in the Maharashtra Border Check Post project Segment EBITDA (consolidated) grew 112% to H10,025 crore, largely due to an increase in IRM, Airports and Roads revenues. Road portfolio grew to 5000+ lane km through 14 projects across 10 States with a projects order book of more than H40,000 crore Addressing a road network of over 5,000 lane km across Andhra Pradesh, Chhattisgarh, Gujarat, Kerala, Madhya Pradesh, Maharashtra, Odisha, Telangana, Uttar Pradesh and West Bengal (as on March 31, 2023) Focus on enhancing India’s water security Focus on the construction and rehabilitation of sewage treatment plants, infrastructure development, large-scale water supply, and seawater desalination projects Initiatives under the National Mission for Clean Ganga in Prayagraj and Bhagalpur Involvement in wastewater treatment and recycling, exploring desalination options Managing 2 HAM projects (371 MLD capacity) in Uttar Pradesh and Bihar Executing one EPC project (95,000 hectares) in Madhya Pradesh Big numbers 10,238 H crore, financial closure achieved for India’s largest greenfield Ganga Expressway project 284.1 Lane kms constructed across four road projects in FY 2022-23 Defence and Aerospace business Company: Adani Defence Systems and Technologies Ltd Aiming to make India a world-class high-tech defense manufacturing hub of strategic military and defense products. Positioned as India’s leading private sector entity in the development of missiles and precision systems. Developed the UAV-launched precision-guided missile system (joint effort of Adani Defence and DRDO) Completed the concept-to-series production process in 19 months leading to an order from the Indian Army for the limited series production of these systems. Conducted successful flight trials for the mission-critical very short-range air defense system, (production from FY 2023-24). Engaged in the development of essential missile systems (long- range guided bombs, anti-radiation missiles, and highly lethal sea- skimming anti-ship missiles). Committed investment of over H1,500 crore to establish South Asia’s largest integrated ammunition complex in Kanpur (to manufacture a comprehensive range of ammunition) Became the first private sector company to create a comprehensive development and manufacturing ecosystem for small arms (assault rifles, light machine guns, sniper rifles, carbines, and pistols) - the sole Indian private sector entity supplying small arms to India’s security forces. ESG Report 2022-23 35 34 Adani Group