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BASF India Limited, Mumbai - 400 079, India October 16, 2026 The Market Operations Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001. Name of the Company : BASF INDIA LIMITED Security Code No. : 500042 Subject: Intimation regarding ESG Rating Dear Sir / Madam, We wish to hereby inform that the Company has received “ESG Rating Report” issued by the NSE Sustainability Ratings & Analytics Limited. NSE Sustainability Ratings & Analytics Limited has issued the following rating on the ESG aspects of the Company:- ESG rating: ESG Rating 74 (Environmental score: 72, Social Score: 76, Governance Score: 73) Category: Leader Date of Rating: October 15, 2026 It is informed that the Company has neither engaged in the above-mentioned agency for preparation of the said report nor has the report been finalized under consultation with the Company. The Rating is accessible at: NSE Sustainability Ratings & Analytics We request you to kindly take the information on your records. Thanking You, Yours faithfully, For BASF India Limited Manohar Kamath Pankaj Bahl Director – Legal, General Counsel (India) Senior Manager- Legal & Secretarial & Company Secretary Encl: a.a. cc: The National Stock Exchange of India Ltd. Exchange Plaza, Plot No.C/1, G Block Bandra – Kurla Complex Bandra (East), Mumbai – 400 051. Registered Office BASF India Limited Unit No.10A, 10B & 10C (part), 10th Floor, Godrej One, Pirojsha Nagar, Eastern Express Highway, Vikhroli (East), Mumbai - 400 079, India Tel +91 22 6834 7000 CIN - L33112MH1943FLC003972 www.basf.com/in ESG RATINGS FY2026 BASF India Limited BASF India Limited Chemicals | Specialty Chemicals BASF India Limited Last Review Date: 15th October 2026 FY2026 FY2025 * ESG Rating ESG Rating 74 72 Environment Score Social Score Goverance Score 72 76 73 Rating Category : Leader BASF India Limited is a chemical company headquartered in Mumbai, India. It falls under the Commodities macro-economic sector. BASF India offers a wide range of chemical products and solutions for various industries, including agriculture, automo- tive, and construction. They are a subsidiary of BASF SE, a global chemical company. We have assessed the company across the three pillars – Environment, Social and Governance: NSE Sustainability Ratings & Analytics ESG Ratings assess how a company manages its material ESG issues, such as climate change, employee and community welfare, diversity, anti-corruption, etc. and how it creates positive outcomes for its stakeholders and society at large. It also evaluates how the company manages and mitigates ESG-related risks through various initiatives and commitments, as well as how it identifies ESG-related opportunities. We define sector-wise ESG parameters and evaluate a company’s performance against those parameters, assigning a rating using a structured scoring framework: • Environmental assessment Environmental Stewardship assesses the company's impact on the natural environment and its efforts towards sustainability. It includes aspects like climate change mitigation, sustainable management of resources and so © Copyright 2026 - NSE Sustainability Ratings and Analytics Ltd. All Rights Reserved BASF India Limited Chemicals | Specialty Chemicals • Social impact helps assess how well leadership manages relationships with stakeholders, ensures employee welfare, positively impacts communities, and holds supply chain partners accountable. Businesses are evaluated based on their policies and initiatives around diversity, inclusion, social equity, and ethical conduct. • Effective governance including transparency and disclosures is crucial for ensuring business continuity and minimizing risk. We assess factors such as the independence and diversity of the board, segregation of the roles of CEO and Chairperson, and the composition of auditors, including the balance between audit and non-audit/advisory services. NSE Sustainability Ratings & Analytics *There have been updates to the underlying data, resulting in a revision of the FY2025 ratings. © Copyright 2026 - NSE Sustainability Ratings and Analytics Ltd. All Rights Reserved BASF India Limited Chemicals | Specialty Chemicals ESG Ratings - Key Drivers The score of 72 of Environment pillar of BASF India Limited is driven by: Environment • The organization's greenhouse gas emissions from direct operations and energy con- Weightage sumption are in line with industry averages. Increase of 14% observed as compared to 40% the previous year. • No information is provided on scope 3 emissions intensity. • Energy intensity is aligned with the industry average. Decrease of 12% observed as compared to the previous year. • A considerable part of the company's energy comes from renewable sources. Decrease Environment of 38% observed as compared to the previous year. Score • Waste intensity is aligned with the industry average. Decrease of 12% observed as 72 compared to the previous year. • Waste recycling and recovery are high when compared with peers. The score of 76 of Social pillar of BASF India Limited is driven by: • LTIR is significantly higher than industry peers, indicating potential safety gaps. • Lost time incident rate for workers is low as compared to the peers. Social • The company has disclosed employee fatality data, reporting a total of 0 fatalities. Weightage • The company has disclosed worker fatality data, reporting a total of 0 fatalities. NSE Sustainability Ratings & Analytics • 100% of permanent employees are covered under health insurance. 29% • Almost all permanent workers are covered by accident insurance. • Women are underrepresented in the organization compared to industry standards. In- crease of 8% observed as compared to the previous year. • The organization is receiving a lower number of grievances from its employees and workers. • The company is experiencing lower-than-average turnover among permanent employ- ees. Increase of 60% observed as compared to the previous year. • The frequency of customer complaints is lower than the benchmarks. • The Company has maintained zero product recalls, validating superior quality assur- Social ance systems. Score • A significant portion of facilities hold ISO 9001 Quality Management certification. 76 • CSR spending is consistently below statutory obligations. • A documented CSR policy exists, outlining social responsibility strategies. • The organization's domestic procurement rate is lower than industry standards. © Copyright 2026 - NSE Sustainability Ratings and Analytics Ltd. All Rights Reserved The score of 73 of Governance pillar of BASF India Limited is driven by: • The board's composition is in line with the required percentage of independent directors. • The company has fulfilled the regulatory requirement for having a sufficient number of Goverance women on its board. Weightage • The Board Chairperson is a Promoter or Executive, indicating a lack of separation of 31% power. • The roles of Chairman and CEO are separated, promoting independent oversight. • Percentage of independent directors in Nomination and Remuneration Committee is better than the compliance requirements. • The Audit Committee's independent director representation is better than the statutory guidelines. • The composition of the Risk Management Committee is better than the required thresh- old of independent directors, ensuring regulatory compliance. • The percentage of independent directors in the CSR Committee is better than the reg- Goverance ulatory requirements. Score • The CEO-to-median employee pay ratio ratio is aligned with industry peers and verified 73 by the nomination committee. • Executive remuneration is not linked to ESG performance parameters. • A comprehensive Anti-Corruption and Anti-Bribery policy is in place. • The Company has an ESG / Sustainability / BRSR policy. © Copyright 2026 - NSE Sustainability Ratings and Analytics Ltd. All Rights Reserved BASF India Limited Chemicals | Specialty Chemicals [Showing first 8,000 characters — download PDF for full document]