• Impact: Atul has implemented effective processes to measure, evaluate and manage the environmental and social impacts associated with the BRSR core metrics. These processes are aligned with key performance indicators relevant to the nature of its business and identified material sustainability issues. • Reliability: Data management processes and internal controls related to the BRSR core indicators are in place and provide a reasonable level of reliability for the reported information. The overall approach supports the accuracy and completeness of core disclosures, particularly at the operational level which are based on site-specific measurement systems. Limitations and exclusions Excluded from the scope of our work is assurance of information relating to: • Financial disclosures, forward-looking statements of the Company, or other parts of the BRSR beyond the core. The following limitations must be noted: • This reasonable assurance engagement relies on a risk-based selected sample of sustainability data and the associated limitations that this entails. • The reliability of the reported data and information are dependent on the accuracy of metering and other production measurement arrangements employed at site level, which were not addressed as part of this assurance. • This independent statement should not be relied upon to detect all errors, omissions, or misstatements that may exist. Conclusion Based on the procedures performed and evidence obtained, we conclude that the BRSR core disclosures of Atul for the reporting year 2024-25 are fairly stated, in all material respects, in accordance with BRSR framework of SEBI and the applicable criteria. Statement of independence, integrity and competence DQS ensures that appropriately qualified individuals are selected for assurance engagements based on their qualifications, training and experience. The outcomes of all verification and assurance assessments are internally reviewed by Senior Management to ensure that a rigorous and transparent approach is consistently applied. DQS provided assurance services to review the sustainability data and processes of Atul, ensuring alignment with relevant ISO standards and risk management principles. The assurance assessments are the only work undertaken by DQS for Atul, thus safeguarding our independence and impartiality throughout the engagement. On behalf of the assurance team, June 16, 2025 Bengaluru, India Dr Murugan Kandasamy CEO and Managing Director Deutsch Quality Systems (India) Private Limited BR No. 50257871 Deutsch Quality Systems (India) Private Limited Vaishnavi Tech Park, Sy.No.16/1 and 17/2, Bellandur Gate, Sarjapur Main Road, Ambalipura, Bengaluru - 560102 Karnataka, India www.dqsglobal.com Integrated Annual Report 2024-25 134
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