As the Company Secretary of AA India Limited, you are required by the Chairman to prepare a note for the Board of directors highlighting the available framework for sustainability reporting.

To, The Chairman AA Limited Note on framework for Sustainability Reporting Sustainability reporting is a process for publicly disclosing an organization's economic, environmental, and social performance. In line with 'National Voluntary Guidelines on Social, Environmental and Economical Responsibilities of Business' issued by MCA in 2011, Securities Exchange Board of India decided to mandate inclusion of Business Responsibility Reports (BRR) as part of the Annual Reports for listed entities. As per updated Regulation 34(2)(f) of SEBI (LODR) Regulations, 2015, annual report of the top five hundred listed entities based on market capitalization (calculated as on March 31 of every financial year), shall include business responsibility report describing the initiatives taken by them from an environmental, social and governance perspective, in the format as specified by the Board from time to time: Provided that listed entities other than top five hundred listed companies based on market capitalization and listed entities which have listed their specified securities on SME Exchange, may include these business responsibility reports on a voluntary basis in the format as specified. Business Responsibility Report (BRR) is a disclosure of adoption of responsible business practices by a listed company to all its stakeholders. SEBI had also prescribed a format for 'Business Responsibility Report'. It contains a standardized format for companies to report the actions undertaken by them towards adoption of responsible business practices. The BRR framework is divided into five sections: Section A: General Information about the Organisation – Industry Sector, Products & Services, Markets, other general information Section B: Financial Details of the Organisation – Paid up capital, Turnover, Profits, CSR (Corporate Social Responsibility) spend. Section C: Other Details – BR initiatives at Subsidiaries and Supply Chain Partners Section D: BR Information – Structure, Governance & Policies for Business Responsibility Section E: Principle-wise Performance – Indicators to assess performance on the 9 Business Responsibility principles as envisaged by the National Voluntary Guidelines (NVGs) The GRI Sustainability Reporting Framework is another sustainability reporting framework widely adopted by business entities around the world. It comprises of the Sustainability Reporting Guidelines, Sector supplements and Indicator Protocols. Global Reporting Initiative (GRI) launched the fourth generation of its sustainability reporting guidelines: the GRI G4 Sustainability Guidelines (the Guidelines) in 2013. There are two different types of Standard Disclosures: General Standard Disclosures: The General Standard Disclosures are applicable to all organizations preparing sustainability reports. The General Standard Disclosures are divided into seven parts: Strategy and Analysis Organizational Profile Identified Material Aspects and Boundaries Stakeholder Engagement Report Profile Governance Ethics and Integrity Specific Standard Disclosures: The Guidelines organize Specific Standard Disclosures into three categories – Economic, Environmental and Social. The economic dimension of sustainability concerns the organization's impacts on the economic conditions of its stakeholders and on economic systems at local, national, and global levels. The Social Category is further divided into four sub-Categories, which are Labor Practices and Decent Work, Human Rights, Society and Product Responsibility. This is for your information please. Signed Company Secretary