Atul Foundation 2023-24

Values Perceive, relate and respond to the difficulties, emotions and needs of others Help the needy without any discrimination, selflessly and humbly Work as a team and develop meaningful partnerships to serve others Conceive and execute projects to provide exemplary deliverables Reflect uprightness and transparency in every action Corporate Social Responsibility Policy of Atul CSR committee of Atul Atul will volunteer its resources to the extent it can reasonably afford to contribute towards enhancing the quality of life, thereby the standard of living of people, particularly the marginalised sections of the society. Essentially, the indicative beneficiaries are the needy who are living below the poverty line in rural or urban areas, particularly where Atul is operating. The endeavour is to uplift them through the chosen programs so that they can live with dignity and self-respect. Ms Shubhalakshmi Panse (Chairperson) Mr Sunil Lalbhai Mr Bharathy Mohanan 02 Empathy Benevolence Collaboration Quality Honesty Identity Atu l Foundat i on was es tab l i shed on November 25, 2010. The Foundation is registered as a public charitable trust under the Gujarat Public Trusts Act, 1950. Atul Foundation is an embodiment of the Purpose and Values of Atul towards serving the society. Purpose Atul Foundation is committed to fostering sustainable socio-economic upl iftment, particularly in the lives of the underprivileged through relevant programs and projects. 03 Annual Report 2023-24 I Atul Foundation

Dear Readers, In 2023-24, Atul Foundation saw its projects expand their boundaries in both scope and depth. Remaining true to the legacy of our Founder, Kasturbhai Lalbhai, we continued to build upon the initiatives and improve from our past learnings with zeal and passion. Throughout the year, we undertook 43 impactful projects and managed 10 institutions, contributing to the betterment of communities under six programs, namely education, empowerment, health, relief, infrastructure, and conservation, all in alignment with the national priorities. The progress of society heavily relies on education. We were able to provide quality education and shape the future of 52,000 children. We aim to positively impact the less privileged by empowering them with skills and training programs. We empowered 6,908 individuals, including youth, women and those belonging to the weaker sections of society. Health and well-being are basic needs that still appear as a luxury to many. In order to bridge this gap, we extended our reach to 54,892 beneficiaries. We were able to develop self-care and hygiene habits among women and adolescent girls, bringing down their anaemia prevalence by 40%. The Foundation remains dedicated to supporting the vulnerable. Our activities extended relief to 4,119 such individuals. We contributed to the development of 23 villages, including the construction and renovation of existing infrastructure. We have been working in our own modest ways towards meeting the national targets for mitigating the challenges posed by climate change. Our efforts in conservation activities across 83 villages align with the United Nations Sustainable Development Goals (UNSDGs). The Indian Green Village Council which conducts the Green Village assessment and certification, identified Atul village as a Platinumvillage. We played a vital role in contributing to this achievement and remain committed to continuing our efforts to encourage practices that promote sustainable living in Atul and beyond. We extend our heartfelt gratitude to our partners, donors, volunteers and the communities we serve, for their steadfast support and dedication. We mourn the loss of Dr Rana Vishnoi, our esteemed trustee since the inception of the foundation. His legacy will forever be our guiding light. In a world grappling with diverse challenges, Atul Foundation remains steadfast in its commitment to serving the needs of society, advancing national priorities and building a better and sustainable future for all. We believe together we can continue serving society, through initiatives that positively impact the lives of people and the health of our planet. Sincerely, (Vimla Lalbhai) Chairperson Chairperson’s foreword Organisation The Management Committee of Atul Foundation works under the direction and guidance of the Board of Trustees. The Foundation is supported by teams required for operations and projects. The impact made by Atul Foundation is generally reviewed by theManagement of Atul Ltd, its Corporate Social Responsibility Committee and its Board. The Foundation team consists of 10 institutions and 538 members who work ceaselessly to serve the community and make conscious efforts towards sustainable development. The management expenses remained at 5% of the total amount spent on projects. Alone we can do so little, together we can do so much. ~ Helen Keller 04 05 Annual Report 2023-24 I Atul Foundation

Kalyani Shala Kalyani Shala was established to provide quality education to the children of the team members of Atul and the surrounding villages. The school is affiliated with the Gujarat Secondary and Higher Secondary Education Board, with the medium of instruction being Gujarati. It is managed by Atul Kelvani Mandal, offering classes frompre-primary to grade 12, and education in Arts, Science and Commerce streams at the higher secondary level. Atul Vidyalaya Atul Vidyalaya is a private unaided school affiliated with the Council for the Indian School Certificate Examinations and managed by Atul Vidyalaya Trust. The school has classes from pre-primary to grade 12 in English medium. It offers education in optional combinations of Arts, Science and Commerce streams at the higher secondary level. Institutions enrolled the highest number of students (1,081) in the last 10 years in the primary section implemented the Drop Everything and Read concept to promote reading among 550 students conducted four interactive sessions on family health for 800 parents conducted six value education and six life skills learning sessions for 800 students conducted awareness sessions on United Nations Sustainable Development goals for 800 students Highlights Highlights achieved a 100% pass rate in grades X and XII, with a first rank in grade X in the North West region of India conducted six outreach programs to inculcate a sense of responsibility towards society among students hosted five interaction sessions with subject experts on topics like self-care and de-addiction Established: 1953 Current strength: 1,754 Established: 1991 Current strength: 1,282 06 07 organised interactive sessions on career and life guidance for students with the members of aulmni Annual Report 2023-24 I Atul Foundation

Eklavya Model Residential School, Pardi (Atul Vidyamandir) Atul Vidyamandir is an EklavyaModel Residential School (EMRS) that operates under the public-private partnershipmodel with the Government of Gujarat. It caters exclusively to the tribal students and provides themwith the residential facilities. It offers classes from grades VI to VIII in affiliation with the Central Board of Secondary Education and grades IX to XII in affiliationwith the Gujarat Secondary and Higher Secondary Education Board. Atul Rural Development Fund Atul Rural Development Fund (ARDF) was formed with the purpose of serving society and uplift the lives of the communities living in and around Atul. Currently, ARDF is an implementing agency for Atul Foundation, engaged in conducting blood donation camps, eye check-up camps, imparting vocational training and building infrastructure. Highlights Highlights conducted two medical camps for 482 patients conducted 52 eye camps reaching out to 18,865 beneficiaries collected 4,550 units of blood through 49 blood donation drives achieved 100% passing rate in grades X and XII secured 10 admissions in MBBS and eight in B.Tech out of 26 students who had attempted conducted science workshops managed by students in five government schools secured first position in the state-level EMRS Cultural Meet with 19 medals helped 40 students qualify for the Bharatnatyam Prathama examination trained 903 students in seven trades Established: 1978 Collaborated: 2009 Current strength: 358 08 09 Annual Report 2023-24 I Atul Foundation

Atul Institute of Vocational Excellence Atul Institute of Vocational Excellence (AIVE) is a vocational training centre that operates under the public-private partnership model with the Development Support Agency of Gujarat, Tribal Development Department, Government of Gujarat, under the Vanbandhu Kalyan Yojana. It imparts employment-oriented skill training in 12 vocations to tribal youth. With state-of-the-art workshops, laboratories, residential and other infrastructure facilities, AIVE aims to alleviate rural poverty and bring about a qualitative change in the lives of tribal people. conducted a financial literacy session for students in association with the State Bank of India achieved 81% placement of the trained students collaborated with the National Bank for Agriculture and Rural Development to impart training in four courses to 87 students Highlights trained 1,010 students in nine trades Industrial Training Institutes Atul manages the Institute Management Committees of Industrial Training Institutes (ITIs) in Khergam, Sagbara, Ankleshwar, Bilimora and Pardi, operating under the public-private partnership model with the Government of Gujarat. It also contributes to the governance of the institutes, the introduction of new courses and training of the students. The ITIs offer courses for a duration of one to two years in a range of vocations. Highlights trained 414 students of ITI, Pardi in soft skills equipped ITI Billimora with machinery and tools for laboratories empowered 8,000 students through five ITIs implemented effective waste management practices with the involvement of students at ITI, Pardi Established: 2011 Students graduated: 10,723 Collaborated: 2011, 2017 and 2022 10 11 Annual Report 2023-24 I Atul Foundation

Urmi Urmi empowers women residing in and around Atul by providing them with sustainable livelihood opportunities. The women prepare sun-dried and iron-pounded spices using age-old traditional practices. Established: 1953 Utkarsh provides a platform to promote social and cultural programs for residents of Atul and surrounding villages. It organises music and dance competitions, annual funfairs and cultural events. Utkarsh Established: 1965 Ulhas Established: 1961 Ulhas promotes the health and well-being of residents of Atul and surrounding villages. It organises cricket tournaments, inter-village volleyball competitions andmarathons. Atul Club Established: 1995 Atul Club provides quality sports and recreational facilities to residents of Atul and surrounding towns | villages. It offers facilities for badminton, billiards, swimming, table tennis and also has a well-equipped gymnasium. Atul Foundation Health Center Atul Foundation Health Center caters to the elementary medical needs of the residents of 10 villages in and around Atul. Spread over an area of 32,000 sqft, the center is equipped with state-of-the-art facilities to cater to the general health check-up facilities and emergencymedical needs of the patients. Highlights provided consultations with four in-house doctors and 14 specialist visiting doctors facilitated medical camp for 317 patients inaugurated an eco-cardiology room in memory of Late Dr Mukul Chandra conducted a women’s health seminar for 64 participants Established: 2023 12 13 Annual Report 2023-24 I Atul Foundation

Footprint Atul Foundation predominantly works in and around the locations where Atul has its operations and offices. It is working to gradually widen its coverage to other parts of India. During 2023-24, the Foundation has undertaken | supported projects in seven states - Delhi, Gujarat, Karnataka, Maharashtra, Orissa, Rajasthan and Uttar Pradesh and one union territory, Daman. Themap below indicates the outreach in Gujarat, states and union territory in India where Atul Foundation has undertaken | supported projects to serve society during its journey of 14 years. Outreach improved quality of life in 23 villages through various infrastructure projects helped 54,892 children, youth, men and women through various health programs extended support to 4,119 needy people empowered 6,908 tribal youth through vocational training, self-help groups and other activities nurtured 52,000 children through quality education in 240 villages planted 52,190 trees and conducted conservation activities in 83 villages Platinum-green village certification to Atul village Atul village has been certified as a platinum-green village by the Indian Green Building Council (IGBC). IGBC is an initiative of the Confederation of Indian Industry which aims to facilitate India to be one of the global leaders in the sustainable built environment. The Council evaluated Atul village in parameters like health and hygiene, village infrastructure, water conservation, energy availability and efficiency, materials and resources, social and community actions, green innovation, etc. Initiatives in Atul village fulfilled these criteria and hence hold the distinction of being one among the seven villages in India that have been certified as a green village in the platinumcategory by IGBC. 14 15 Annual Report 2023-24 I Atul Foundation

Atul Adhyapikas reach out to schools in remote villages to provide joyful education to students through interactive learning methods. The project selects qualified women from villages and extensively trains them for six months to become trained primary teachers. The adhyapikas are placed in the schools of their own villages where they cater to the individual needs of the students by providing a better environment filled with love and care. Belonging to the same village, they are able to understand the local dialect and issues and are always available for interaction with the parents. This approach ensures better class participation and holistic development of the students. This year we extended our initiatives to anganwadis introducing Anuja Adhyapikas that provide joyful pre-primary education to children. organised activity-based workshops in 112 schools initiated education in 35 anganwadis through 23 Atul Anujas reached out to 10,000 students through science and mathematics workshops in 104 other schools developed 46 model adhyapikas: they have brought visible change in 46 schools Education 16 17 Atul Adhyapika project initiated in 2017 10,224 students | 117 adhyapikas 114 villages improving the quality of primary education Education above all ‘The strength of the school was just 16 when I joined as an adhyapika three years ago. Parents were hesitant to send their children in the village primary schools as they doubted their quality of teaching and upbringing. Instead, they sent their children to schools that were far from their homes. After persistent efforts I have been able to convince the parents that education is beyond our social divide and today the strength of the school has increased to 58 students,' shares Rina Vank, an adhyapika placed in Bhensdara village. Annual Report 2023-24 I Atul Foundation

Education Projects Other projects provision of sports and music kits to 100 schools provision of education kits to 38 schools support to Lalbhai Dalpatbhai Institute of Indology promotion of learning and life skills among children support to a tribal school scholarships to meritorious students in need promotion of Indian culture through publication of books Locations Beneficiaries Bharuch Valsad 21,896 students Bharuch Valsad 4,430 students Ahmedabad 791 students Bengaluru 356 students Navsari 265 students Valsad 35 students Jaipur - The project aims to enhance science education among students studying in schools of villages by providing an innovative and interactive platform for hands-on learning experiences. A mobile science laboratory carrying 235 science models visits selected schools, enabling children to learn the concepts of science easily. 19 Atul Adhigam project initiated in 2023 3,220 children | 21 schools promoting love for science among children 18 ‘Our science lessons have become more like our sports period, where learning science has become fun. The models and experiments are interesting, making it very easy for us to understand,' shares Krish Rathod studying in grade 8 of Atak Pardi Primary School. Science is fun Annual Report 2023-24 I Atul Foundation

Majority of women residing in the villages of Valsad are daily wage earners or domestic workers who spend their entire earnings with no or minimal savings. Atul Foundation has organised these women at the grassroot level into self-help groups (SHGs). Participants of these groups collectively contribute small denominations of money every month and save the entire amount collected in bank accounts to earn interest. A part of the amount can also be borrowed by the participants in times of need at nominal interest rates mutually decided by the group. SHGs play an important role in women empowerment since they enable women fromeconomically disadvantaged backgrounds to establish social capital and find a voice beyond their domestic spaces. This year 66 new self-help groups were formed with 798 women. saved ₹50 lakhs collectively and facilitated ₹40 lakhs of internal lending among 98 groups linked 1,796 women with seven government schemes received ₹14 lakhs of revolving fund for 47 groups Empowerment conducted 12 micro-entrepreneurship trainings for 209 women 20 21 Atul Uttara empowering women through self-help groups project initiated in 2021 132 self-help groups | 1,521 women 20 villages Savings for independency ‘I did not get scared for my finances when my son was admitted to a hospital due to an emergency. Instead, I approached my group and withdrew a loan from our savings without any tedious paperwork. With my savings I could help provide a timely treatment for my son,’ shares Pratibha Vishwakarma, a member of the Amli faliya self-help group. Annual Report 2023-24 I Atul Foundation

Godaan aims to create sustainable livelihood opportunities by providing quality breed cows to tribal families with weak economic backgrounds. These cows provide alternative income opportunities for the families. To date, we have provided 375 families with cows and calves alongwith educating themwith scientific cattlemanagement practices. Empowerment supported 97 tribal families by providing them cows with calves provided maize and bajra seeds for fodder cultivation imparted education on best practices in cattle rearing 22 23 Godaan project initiated in 2021 375 cows with calves empowering tribal families with cattle rearing Saving with sustainable solutions ‘I used to earn a meagre income by working in fields, growing seasonal crops. After I was given cows, I could sell around eight litres of milk daily. Additionally, we were also supported with fodder cultivation. My cows are now a stable source of income,’ shares Kusha Majhi, from Dangarpara village of Orissa. Annual Report 2023-24 I Atul Foundation

The project aims to empower people with information regarding their rights, welfare schemes and entitlements. Accessing rights and schemes involves paperwork and documentation, which is often a difficult process for residents of rural villages. Through this project, they are educated about the benefits they can receive through various schemes and are provided support for documentation and application. This year we were able to provide 14 government schemes to 4,090 people worth 24 crore. Empowerment Other projects Projects provision of skill training to youth as apprentices support to micro-entrepreneurs Locations Beneficiaries Valsad 169 youth Valsad 41 youth 24 25 Adhikar project initiated in 2023 4,090 people | 10 villages facilitating government schemes Empowered and independent 'During an Adhikaar camp, I enrolled myself in Ayushman Bharat initiative under Pradhan Mantri Jan Arogya Yojna and received financial assistance of 86,000 for my heart surgery,’ shares Ashwinbhai Ramanbhai Nayaka from Atul village. Annual Report 2023-24 I Atul Foundation

Health The project aims to promote nutrition and care of pregnant, lactating mothers and young children during the first 1,000 days of a child. The project empowers and educates pregnant women and lactatingmothers on the importance of the first 1,000 days, and also trains healthcare providers to work towards providing care and nutrition during the first 1,000 days of the life of a child. celebrated breastfeeding week with 322 participants through 14 sessions counselled 317 pregnant and lactating mothers trained 683 healthcare practitioners 26 27 First 1000 days promoting health and nutrition of mother and child project initiated in 2023 1,075 trained | 10 villages Right nutrition for good health ‘Like every mother, I too wish to provide the best care to my child. During the training session on breastfeeding, I learned how to bond with my child to provide the right nutrition to him which will help my child become healthy and happy,’ shares Manisha Naika. Annual Report 2023-24 I Atul Foundation

Anaemia is one of the critical public health challenges affecting the productivity and quality of life of adolescents and women, especially during their reproductive age. There is a need for holistic community action to eliminate anaemia and undernutrition. Sampoorna project aims to reduce the proportion of anaemia and improve the health of adolescent girls and women of reproductive age group (WRAG), including pregnant | nursing mothers from eight villages of Valsad. The initiatives include screening, educating, counselling and treating with a focus on making them responsible for their own health. This year, anaemia screening was done for 1,886 adolescent girls, 2,875 WRAG, 315 pregnant and lactatingmothers. trained 138 peer educators and 9 volunteers to influence their peers sensitised 154 teachers and counselled 254 parents provided 3,54,867 iron folic acid tablets Health 28 29 Sampoorna project initiated in 2021 improving health and well-being of women 8,650 women and adolescent girls | 8 villages Towards a healthier me ‘During a screening conducted in June 2023 at my school, my haemoglobin level was at 4.4 g|dl. I also carried sickle cell disease traits. The team referred me to the civil hospital, where they assisted with my blood transfusion process and counselled me on regular medication. My haemoglobin level has now increased to 11.3 g | dl,’ shares Pooja Halpati of Dived village. Annual Report 2023-24 I Atul Foundation

Impact of Sampoorna Other projects Projects provision of medical equipment to Kasturba Vaidyakiya Rahat Mandal support to Valsad Raktadan Kendra upgradation of sports infrastructure and equipment Locations Beneficiaries Valsad patients of South Gujarat Valsad ~25,000 patients Atul youth from 10 villages Qualitative outcome Women of reproductive age Observed 40% reduction of anaemia prevalence among women of reproductive age group and 53% reduction among adolescent girls who had participated in anaemia screening. Total anaemic Mild anaemic Significant reduction in prevalence of anaemia was observed post-intervention. The results are attributed to regular supply of IFA to the beneficiaries, counselling sessions and one-to-one follow-ups. Moderate anaemic Severe anaemic Post-intervention Pre-intervention 25% 42% Adolescent girls 13% 28% 21% 37% Quantative outcome 14% 22% 6% 14% 1% 0.10% collaboration with education and health departments resulted in a smooth implementation and an improvement in anaemia status of beneficiaries increase in consciousness among women and girls about their own health by taking regular medications and eating iron-rich food consumption of weekly IFA and folic acid tablets regularised with the support of peer educators in all schools increase in engagement among peer educators after trainings imparted to influence peers for healthy habits 30 31 Health Received second position for scientific paper presentation at the National Conference on Anaemia and Nutrition organised by Deepak Foundation. Annual Report 2023-24 I Atul Foundation Post-intervention Pre-intervention

The project reaches out to children living in difficult conditions, providing them with joy and hope. These children either have lost one or both of their parents or live with step-families in poor socio-economic conditions. The living environment implies various added challenges in the lives of these children, often forcing them to either drop out of education systems or choose non-ethical ways of living. Through the Ojas project, these children are encouraged to attend schools or vocational courses on a regular basis. These activities have helped these children to show resilience towards their unique challenges, helping them to bounce back from the various problems of life. The project also supported 50 children of brick kiln workers with an aim to protect them from child labour and bagging practices. The Bal Vikas kendra provides them with basic education, nutrition and supports them to get enrolled in schools. conducted 80 life-skills group activities Relief educated 982 children on good touch, bad touch 32 33 Ojas reaching out to children living in difficult conditions project initiated in 2020 186 children | 14 villages Enriching children through Balmela 2024 A balmela (funfair) was orgainsed to reach out to around 2,311 students through 30 practical learning stalls and fun activities. The learning stalls included awareness of road safety, health and hygiene, nutrition and anaemia, the importance of savings, waste management, learning vedic math, Warli painting, arts and crafts, henna application etc. Annual Report 2023-24 I Atul Foundation facilitated 18 vocational training linkages provided green stoves to 398 families

Community-based rehabilitation is a strategy to provide equitable opportunities and protect the human rights of persons with disabilities (PwDs). This initiative aims to provide rehabilitation services to empower PwDs residing in rural villages. Relief Other projects Projects provision of food packets to flood victims support to patients in need provision of assistance to children with special needs Locations Beneficiaries Ankleshwar 1,000 individuals Valsad 30 patients Bharuch 25 children distributed need-based kits to 75 PwDs supported 10 PwDs to avail pension and Niramaya - insurance scheme supported 3 families with economic rehabilitation 34 35 Community Based Rehabilitation enhancing quality of life for persons with disabilities project initiated in 2022 75 PwDs | 13 villages Uplifting the community of migrant workers This year we initiated basic reading and writing classes for 44 children of migrant workers at two sites. These children were also given awareness about health and hygiene. Annual Report 2023-24 I Atul Foundation

Under this project, the selected anganwadis are reconstructed to provide safe spaces for children to enhance their first experience of the outer world. Clean toilets and ample kitchen space were provided in each structure. Further, the walls of the anganwadis were painted with elementary pictorial lessons to engage children in fun learning. Infrastructure renovated kitchen spaces and provided safe toilets repainted the walls with colours and basic lessons 36 37 renovated 16 anganwadis benefitting 695 children this year Colorful playing experiences ‘Now the children insist on staying in the anganwadi for longer durations and playing with other children. The environment is now more lively and welcoming for both children and their parents,’ shares an anganwadi worker from Parnera. Model Anganwadi creating safe and joyful spaces for children project initiated in 2017 59 anganwadis | 2,627 children Annual Report 2023-24 I Atul Foundation

Every child deserves a safe environment in schools. This project upgrades schools by renovating and developing safe spaces for children to learn and grow. Infrastructure renovated four schools and one hostel for 1,926 students set up computer laboratories for two educational institutes reaching out to 484 students constructed drinking water station for 265 students Projects Other projects construction of road in a village installation of 80 streetlights in a village construction of 50 individual household toilets Locations Beneficiaries Gadaria Valsad village residents Binwada Valsad village residents 4 villages* Valsad 250 individuals *Bhagod, Dived Dungarwadi, Haria and Meh 38 39 Child-friendly Infrastructure providing safe spaces for children to learn and grow project initiated in 2017 8,561 students | 36 schools Providing safe learning spaces ‘Earlier the leakage from ceilings made it difficult to conduct classes during monsoon. Now the shed with waterproofing allows our students to study comfortably even during heavy rainfall,’ shares the principal of Mangelwad Prathmik Shala, Surwada. Annual Report 2023-24 I Atul Foundation

The project aims to implement the best practices in solid waste management that involve proper segregation of waste and scientific recycling of the components of waste. This is the most effective way of dealing with household waste. This year, in collaboration with gram panchayats we have been able to promote efficient waste management systems in 36 new villages. educated 77,536 people about responsible waste management practices initiated waste collection at community places collecting ~ 150 kgs per day Conservation conducted 12 awareness drives among 2,341 students and 5 cleanliness drives with 515 volunteers 40 41 Ujjwal Atul promoting effective waste management practices in villages project initiated in 2020 44 villages | 6 colleges | 1,06,982 people sensitised Educating the future This year we initiated solid waste management system in six colleges of Valsad. The team also conducted awareness and sensitisation programs regularly for the students at these colleges. Annual Report 2023-24 I Atul Foundation

Conservation constructed 106 gully plugs 24 gabion structures constructed 106 stone bunds, 165 farm bunds, and 4 farm ponds constructed 368 trenches and 11 other structures Through this project, 784 structures were constructed this year to conserve soil and water during themonsoon. These structures reduce the flow of running water, helping it to seep into the ground and increase the groundwater level preventing soil erosion and felling of trees. 42 43 Replenishing earth During the monsoon of 2022 and 2023, the structures conserved 31 crore litres of water and 465 tonnes of soil. Natural Resource Management conserving water and soil project initiated in 2021 1,229 structures | 6 villages Annual Report 2023-24 I Atul Foundation

Conservation Other water conservation initiatives conducted sessions to educate children on sewage treatment plant process in two schools installed rainwater harvesting system in 13 schools supported 44 farmers for drip irrigation Soil biotechnology is a wastewater treatment process based on a soil biology-based bio-conversion process where fundamental reactions of nature, namely respiration, photosynthesis and mineral weathering take place in a soil-likemedia housingmicro andmacro-organisms that bring about the desired purification. Two sewage treatment plants of 130 KLD were set up in two educational institutes. These plants treat wastewater from toilets and drinking stations through soil biotechnology, converting them into clean water, which is used in gardening and flushing in toilets. 44 45 Harvesting rainwater Through the rainwater harvesting systems installed last year, 46 lakh litres of water was conserved during the monsoon of 2023. Water Recycling System recycling wastewater through sewage treatment plant project initiated in 2022 7 institutions | 317 KLD Annual Report 2023-24 I Atul Foundation

installed grid-based solar of 16 kW in 2 institutes for 816 beneficiaries installed 12 solar pumps of 65 kW for 122 farmers assessed 10 agariyas who had received solar powered pumps in 2022, they saved around 12 lakh annually Conservation This project promotes the use of renewable sources of energy contributing towards reduction in environmental pollution, increase in energy security, assured supply of electricity and savings on electricity bills. 47 Renewable Energy promoting clean energy through solar systems project initiated in 2021 226 kW solar installed | 60,6984 kWh energy generated 46 Saving energy for future 227 kW solar systems installed till 2023-24 will reduce 8,285 tonnes of CO₂ in Its lifecycle which is equivalent to plantation of 99,216 trees. Annual Report 2023-24 I Atul Foundation

Through the five Miyawaki forests developed this year, 16,500 trees of 62 species are nurtured. This method involves growing different species close to each other to develop a forest in very little time with limited maintenance. This Japanese technique of creating forests has a growth rate ten times faster than regular plantations. Apart from these forests, we also planted 34,820 trees in Atul. Other projects Project Location Beneficiaries protection of animals New Delhi 41 animals Conservation 49 48 Miyawaki Forest preserving biodiversity project initiated in 2022 27,500 trees | 6 Miyawaki forests Organised flower show at Atul Flower show organised in Atul, registered a footfall of ~10,000 visitors. Also, students of 17 schools visited the display of the colourful flowers and crops. Annual Report 2023-24 I Atul Foundation

Financial highlights Interest income Miscellaneous income Acknowledgement Education Empowerment Health Relief Conservation Infrastructure Bifurcation of utilisation Education Empowerment Health Relief Conservation Infrastructure 1,002.85 427.19 239.78 33.93 564.90 480.19 36% 16% 9% 1% 17% 21% 2,748.84 100% Particular Amount spent Source of fund Particular ₹ lakhs Companies Government grants Donations Interest income Miscellaneous income 1,591.44 1,291.06 70.89 31.44 61.53 52% 43% 2% 1% 2% 3,046.36 100% Companies Government grants Donations Amount received Asset creation Administration Spent from reserve balance 954.44 143.60 2,892.44 153.92 62% 33% 5% 100% 3,046.36 Amount used Utilisation of fund Program 1,794.40 Particular ₹ lakhs 50 51 Government organisations Development Support Agency of Gujarat District Rural Development Agency, Valsad Gujarat Green Revolution Company Gujarat State Tribal Education Society National Bank for Agriculture and Rural Development Valsad District Panchayat Trusts B K Mazumdar Foundation Shree Kasturbhai Lalbhai Benevolent Fund Vimla Siddharth Family Trust Corporates Amal Ltd Anusandhan Investments Ltd Atul Ltd Atul Finserv Ltd Rudolf Atul Chemicals Ltd Partners Aga Khan Rural Support Programme Agasthya International Foundation BAIF Institute of Sustainable Livelihoods and Development Deepak Foundation Gram Seva Trust Haqdarshak Empowerment Solutions Nandigram Trust Nourish 1000 Days Pratham Mumbai Education Initiative RNC Eye Hospital SEWA Rural Individuals Ranjit Ahir Deepak Ahuja Prarthana Amar Darshan Bhagat Ankit Bhatt Shakuntala Chandra Varsha Chaudhari Kaneriya Chunilal Mehul Contractor Syamal De Darshal Desai Gautam Desai Harsh Desai Himani Desai Nigam Desai Suchi Desai Virat Desai Anis Devale Karu Dhavji Satish Dhimmar Abhishek Dubey Anirban Dutta Arutirtha Dutta Lalji Gujjar Jigar Halpati Ravi Iyer Bhavya Jain Reenu Jain Vishal Jain Bharat Joshi Bhushan Kasture Harikumar K Ganesh Kale Javed Khan Vasudev Koppaka Manish Kumar Ranjan Kumar Sapna Kute Jayashree Lakshminarayan Sunil Lalbhai Chinmaya Lovekar Mahavir Shah Ankit Mankodi Anna Mathew Program Asset creation Administration Annual Report 2023-24 I Atul Foundation ₹ lakhs In % In % In %

Atul Foundation Trust Atul 396 020, Gujarat India contact@atulfoundation.org www.facebook.com/atulcares B R Shah & Associates Axis Bank Ltd RBL Bank Ltd Registered office Statutory Auditors Bankers The Foundation provides a complete account of the funds received for various projects and sends its annual report to every donor. If you wish to join our endeavour of enhancing the standard of living of the less fortunate and are looking for an organisation that will channelise and direct 100%of your contribution to the projects at hand, Atul Foundationmay be a good option. Please write to us at contact@atulfoundation.org with your area(s) of interest or the name of the project(s) that you wish to sponsor. Contributions or donations to Atul Foundation qualify for tax exemption under Section 80G of the Income Tax Act, 1961. The donation amount may be remitted along with the requisite information with respect to how you wish to participate (project name, etc), by drawing a cheque in favour of Atul Foundation Trust or transferring the amount through RTGS as per the details given below: Beneficiary: Atul Foundation Trust Bank: Axis Bank Ltd, Atul Account number: 911010029486212 IFSC: UTIB0000459 Dr Vimla Lalbhai Chairperson FRCS - Royal College of Surgeons, London Social worker Mr Sharat Tripathi Mr Bharat Trivedi Ms Swati Lalbhai Make a difference Trust information Trustees Background BTech - Indian Institute of Technology, Kanpur Former President - Human Resources, Atul Ltd BTech - Indian Institute of Technology, Mumbai Former President - IT, Atul Ltd ACA - Institute of Chartered Accountants of India Managing Director, Aagam Holdings Pvt Ltd 52 53 Atul Mehta Keval Modi Pravin More Ramasubramanian Nallasivan Sabyasachi Naskar Rajesh P Shweta Pai Rajeshwari Palanichamy Riddhesh Panchal Tejal Panchal Jayesh Parekh Kamleshkumar Parmar Nirmal Parmar Aslam Patel Diksheeta Patel Ishwarlal Patel Nitin Patel Ravindra Patel Ritesh Patel Nihar Pathak Bharat Patil Shashikant Patil Lalit Patni Vinay Phadtare Harkishan Prajapati Dhiren Radadiya Guru Raghavendra Nagendra Rao Sandip Rathi Abdul Rauf Dipankar Roy Ravi S Manish Sathwara Vibhavari Sawant Naseem Sayyed Miral Shah Pranav Shah Shoeb Shah Sudhakara Shetty Savita Shishupal Bela Siddiqui Babita Singh Devender Singh Sachin Solao Suman Soni Rakesh Sorathiya Ostin Tailor Dhairya Thacker Vikram Thakker Sharat Tripathi Rana Vishnoi Abhijeet Zawar Annual Report 2023-24 I Atul Foundation

Atul Foundation Trust Atul 396 020, Gujarat India www.atulfoundation.org

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