Investor Presentaiton

ESG Initiatives Focus Areas PARAG Ideas for a new day Environmental focus centers around reducing the carbon footprint and an optimal waste management. Social Focus on well-being of our milk farmers, employees, distribution partners Governance framework include business governance, talent governance, and sustainability governance. Continuous Monitoring A solid foundation by adopting ESG Policies 1. Adoption of strong Corporate Governance standards 2. Adoption of ESG Systems 3. Best Practices of Societal improvement through various CSR activities 4. Adoption of practices for food security & climate change under UN Sustainable Development Goals Well articulated internal ESG policy in adherence to different certifications Also abided by IFC's policy framework on ESG Our ESG Framework Energy conservation efforts - both thermal & Electrical employing host of measures Water conservation efforts Recycling of 55% of the requirement Responsible Effluent and Waste management process Marked reduction in the emission levels Performance Strict adherence and measurement to the conservation norms • Zero water and land waste norm • Reduction in CO2 emission levels (Scope 1 +2) of 15% by 2025 Way Forward Parag Milk Foods Limited 37

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