AXIS/CO/CS/238/2021-22

23^rd August, 2021

                   Dear Sir(s),

 SUB: CONSTITUTION OF THE ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) COMMITTEE OF THE BOARD OF DIRECTORS OF THE BANK.

This is to inform you that the Board of Directors of the Bank on 4^th August 2021 has constituted the ESG Committee of the Board of Directors of the Bank.

The ESG Committee has been constituted to provide specialized focus, oversight and guidance on the following aspects relating to ESG, detailed as under:

(i)         Macro-level trends and developments in ESG

(ii)        Axis Bank's ESG strategy and roadmap

(iii)       ESG-related risks and opportunities

(iv)       Unified communication and disclosures on ESG

(v)       Organization-wide integration of ESG imperatives

(vi)       360-degree monitoring of ESG performance

The ESG Committee comprises of the following members:

(i)         Prof. S. Mahendra Dev, Independent Director (Chairperson)

(ii)        Shri Amitabh Chaudhry, Managing Director & CEO

(iii)       Smt. Ketaki Bhagwati, Independent Director

(iv)       Shri Ashish Kotecha, Non-Executive (Nominee) Director

                You are requested to take note of the above and arrange to bring the same to the notice of all concerned.

Thanking You.

Yours Sincerely,

For Axis Bank Limited

Rajesh Dahiya

Executive Director (Corporate Centre)