ESG through the lens of OH&S As stakeholders, investors and industry watchdogs focus on workplace hazards and the need for a healthy workforce, the Adani Portfolio established a conducive ecosystem. The goal is to equip the community of practice —our people— with systems, processes and tools to minimise risks as low as reasonably practical (ALARP). The Adani Portfolio achieves this through flagship safety programs like safety interactions (SI), safety risk field audits (SRFA) and vulnerability safety risks (VSR). These initiatives address unsafe working conditions and vulnerabilities. The Group benchmarks Occupational Health and Safety (OH&S) performance with other leading organisations, analysing its existing state and developing strategies to address Group-level safety targets. The functioning and effectiveness of our safety processes, systems and key decisions are addressed at appropriate forums, including the APEX Council, AGSSC and CEO Safety Forum. Our defined governance process enables us to address concerns and develop risk mitigation strategies and their associated control measures through a three-tier safety taskforce approach, spanning from site level to business unit and Group level. As part of our People Skilling Initiative and to bridge competence gaps in safety, the Group conduct Training Needs Identification, resulting in world-class training programs, motivation and talent retention. The Group promotes digitisation and integration of ESG within Adani’s Safety Management System, IMS Requirements (ISO 45001 and ISO 14001) and safety processes. This transformation enables the Group to translate data into actionable insights, facilitating operational excellence. The Group mitigates risks related to inadequate monitoring and reporting of regulated or compliance-driven OH&S activities. It maintains reliable quality assurance, ensuring that assets critical to process safety are systematically procured (selection of suppliers, fabricators and installers of process equipment, conducting due diligence through value chain assessments and establishing effective asset management). Reporting unsafe acts and conditions help identify underlying causes, allowing the Group to implement preventive measures, disrupt repeated incidents and enhance workplace safety. Through safety culture maturity assessments, safety diagnostic studies, audits and assurance, the Group provides a comprehensive view of safety deployment rigour and safety practices. Safety performance indicators Reactive FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 LTIFR (Lost Time Injury Frequency Rate) 0.59 0.27 0.27 0.19 TRIR (Total Recordable Injury Rate) 0.76 0.49 0.48 0.41 Proactive FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 Training 21,897 41,560 52,120 75,742 Concern Reporting (Unsafe Act & Unsafe Condition) 1,45,853 2,07,929 3,05,652 4,81,334 Near Miss Reporting 4,984 8,340 16,893 29,265 Cultural shift: Safety 2.0 The Adani Portfolio has progressed from a pathological stage to reactive stage during the approach phase (Safety 1.0) and with Safety 2.0 it strives to achieve a calculative phase to embed governance, systems and processes. This shift has been propelled by the commitment and accountability of leadership teams, initiating a focus on bottom-of-the-pyramid (last mile worker) and top-of-the- pyramid (executive leadership) through bottom up and top-down approaches. Top-down approach, Safety 2.0 In Safety 2.0, we are enhancing safety systems and processes through new age thinking. The following measures were initiated for deployment in discussion with the respective Adani businesses.  Realignment of taskforces for changing focus from ‘advocacy to deployment’ with the ownership of apex members.  Implementation of Adani Safety Management System  Reduce incidents severity  Project safety governance Bottom-up approach, Safety 2.0  IIT- Kharagpur course on logistics and process safety engineering for Group executives  Suraksha Samwaad (safety interaction)  Safety campaigns and training programs  Saksham (mandatory contractor workmen incubation and induction program)  Group safety standards, directives, guidelines and training packs  Hand holding site teams for facilitating incident investigation. EXECUTIVE LEADERSHIP BOTTOM UP APPROACH TOP DOWN APPROACH SENIOR MANAGERS FIRST LEVEL MANAGERS WORKFORCE ENHANCING OH&S CAPABILITY INTEGRATED ORGANIsaTION (LINE & SUPPORT) OH&S KEY DRVERS OH&S SYSTEMS & PROCESS EQUIPMENT & FACILITIES COMPLIANCE & BEHAVIOR OH&S COORDINATORS OH&S PRACTITIONERS / EVANGELISTS LINE CHAMPIONs ESG Report 2022-23 151 150 Adani Group