2nd iteration - Employee Handbook

EMPLOYEE 7 GW+ Pan India portfolio of HANDBOOK renewables assets India’s first private grid connected MW solar plant Issued India’s first solar Green Bond

WHO WE ARE Azure power is a leading independent sustainable energy solutions provider, and power producer in India on a mission to create value for all stakeholders through high-performance Renewable Energy assets to displace 230 million tons of global emissions by 2030. We developed India's first utility scale solar project in 2009 and since then, Azure Power has grown rapidly to become a leader in developing and operating renewable energy projects in the country. We have the proud privilege of being the first Indian energy asset to be listed on the New York Stock Exchange (NYSE), and list the first solar green bond out of India on the Singapore Stock Exchange (SGX). 9001:2015 14001:2015 Won The Asset Triple A Country Won the first hybrid and Awards 2021 for the best high- wind project yield green bond Who we are Employee Handbook

TABLE OF CONTENT Who we are Our Philosophy Overview - Milestones Work Timings Attendance & Salary Processing Leave Policy Expenses & Reimbursement Medical & Term Insurance Benefits HR Portal(Zing HR) Leave and Attendance: Dashboard Important Contact Details “ “EmployeeHandbook Sustainability is at the core of our value proposition and the essence of our business. Content

OUR PHILOSOPHY VISION MISSION To be the number one provider of sustainable Create value for all stakeholders through high energy solutions for a carbon-neutral world performance Renewable Energy assets to displace 230 million tons of global emissions by 2030 VALUES TRUST INNOVATION DRIVE We cultivate We embrace new We set ambitious goals transparent and technologies and and pursue them with rewarding partnerships creative business relentless passion, with our customers, solutions to shape persistence and communities, a better future commitment employees, suppliers and shareholders DIVERSITY EXCELLENCE We respect the strength We take pride in of different perspectives what we do and and create equitable strive for continuous opportunities, rights improvement and reward systems Employee Handbook Our Philosophy

OVERVIEW Total Portfolio over Operational Portfolio over 7.4 GW  2.9 GW  £ Developed India’s first private grid connected MW solar power plant in India. £ Became the first Indian energy asset to be listed on New York Stock Exchange. £ Issued India’s first solar green bonds on Singapore Stock Exchange. £ Owns and operates the largest single site solar power project by any developer in India. £ Led by a veteran leadership and backed by marquee shareholders like OMERS and CDPQ. £ Strong credit fundamentals and corporate governance standards with sustainability ingrained in the company’s DNA. £ Largest owned and operated solar power project in a single location. Awan |Punjab| India’s First Private MW scale Solar Plant Employee Handbook Overview

MILESTONES 2008 The journey starts here. 2016 £ Surpassed 1 GW 2017 portfolio. 2009 Developed a 2 MW project in Punjab, India’s first private £ Listed on the NYSE, utility scale solar project India’s first energy company to be listed on 2011 Developed a 10 MW project in the US stock exchange. Gujarat, India’s largest capacity project at commissioning. £ National Award received under category “Project Developers” for solar rooftop by MNRE. Issued India’s first solar Green Bond 2013 Developed a 2.5 MW project in 2018 £ Developed Company’s Gujarat, India’s first distributed first microgrid project in MW scale solar rooftop project. 2019 Jharkhand. 2020 2014 Developed a 34 MW project in £ Surpassed 2 GW Punjab, North India’s largest portfolio. private solar power plant at commissioning. Became Carbon neutral £ Surpassed £ 7* £ GW portfolio across India. 2015 £ Developed the first utility 2021 Issuance of 3rd Green Bond scale project in the states with lowest ever coupon for of Uttar Pradesh and any renewable energy Chhattisgarh. company in India £ Developed a 100 MW project in Rajasthan, the 2022 £ Won The Asset Triple A largest operating project Country Awards 2021 for under National Solar the best high-yield green Mission at commissioning. bond. £ Developed a 5 MW project in Rajasthan, first private £ Fully commissioned 600 project under JNNSM that MWs SECI project, the provides electricity to Indo- largest owned and Pak border operated single site solar project in India. Employee Handbook Milestones

WORK TIMMINGS 5 DAYS £ Sites needs to follow 6 days a week from Monday to Saturday with MON-FRI office timings from 0900 hours 9 HOURS 1700 hours (8 hours a day) including lunch time of half an £ Head Office follows 5 days a week hour. from Monday to Friday with office timings from 0900 hours to 1800 £ No applicability for roaster. hours (9 hours a day) including £ All personnel who are required to lunch time of half an hour. proceed on official duties should £ HO team can avail 1 day work obtain the approval of their from Home, roaster needs to be immediate superior and apply the decided as per the discussion with same on the HR portal  the respective line manager. 6 DAYS £ All personnel who are required to proceed on official duties should MON-SAT obtain the approval of their 8 HOURS immediate superior and apply the same on the HR portal  Employee Handbook Work Timings

ATTENDANCE & SALARY PROCESSING £ Marking Attendance on Zing HR is Mandatory. £ Attendance regularization request to be raised and approved before the payroll processing. £ All types of leaves to be applied on Zing HR in advance except emergencies 1ST TO LAST DAY NEFT LAST DAY RTGS of the month of the month SALARY PAYOUT DATE PAYMENT TRANSFER MODE SALARY CYCLE Employee Handbook Attendance & Salary Processing

LEAVE POLICY Covid Exigency Casual Leave Leave 12 50 Eligibility- All Employees Carry forward - No Eligibility - All Employees Carry forward - No Sick Leave 10 Parental Eligibility- All Employees Carry forward - No Leave Earned Leave Primary Caregiver 15 26weeks Eligibility- All Employees Secondary Caregiver Added monthly 1.25) 2 weeks Carry forward – Upto 45 days Eligibility- All Employees, with tenure > 80 days Count – for first 2 children's Carry forward - No Employee Handbook Leave Policy

EXPENSES & REIMBURSEMENT Eligibility Criteria Travel for domestic tours and local conveyance while on travel will be paid as specified below Band Level Outstation Travel Local Travel (max. entitlement*) SM1 CEO/ COO/ CFO/ EVP Business Class Air / 1st AC Train At actuals Economy Class Air/ 1st AC Train Local conveyance provided by Corporate SM1 & SM2 Sr. VP / VP Sr. GM / GM Operations/ pre-paid taxi/ city cabs - Honda city/ Baleno/ Innova/ Dzire etc. MM1 DGM/ AGM Economy Class Air/ 1st AC Train Local conveyance provided by Corporate Operations/ pre-paid taxi/ city cabs - Dzire/ MM2 Sr. Manager/ Manager/ 1st AC Train / 2nd AC Train Indigo/ Amaze/ Etios etc  Local conveyance provided by Corporate Dy Manager/ Asst. Manager Operations/ pre-paid taxi/ city cabs - Dzire/ Indigo/ Amaze/ Etios etc. Ex1 EX2 Sr. Engineer/ Sr. Exec/ 2nd AC Train / 3rd AC Train Local conveyance provided by Corporate SMT Engineer/ Exec/ Jr. Exec/ Operations/ pre-paid taxi/ city cabs- Wagon-R SS1 SMT/ MT/ GET/ DET/ AC Chair Car Train/ Sleeper Indigo/ Auto/ Public Transport SS2 Other Trainees Class Train Staff/ Technicians/ Interns Auto/ Public Transport Office Asst/Guard/ Driver/Cook Employee can avail hotel stay as per the daily entitlement given below Band Level Hotel Hotel Hotel Food Incidental (A grade city) (B grade city) (C grade city) Allowance* Allowance** SM1 CEO/ COO/ CFO, EVP Sr. VP /VP At actuals At actuals At actuals At actuals At actuals 7500/- 6500/- At actuals At actuals SM2 Sr. GM / GM 8500/- 4500/- 3500/- 1200/- 400/- MM1 & Sr. Manager/ Manager/ Dy Manager/ 5500/- MM2 Asst. Manager EX1 EX2 Sr. Engineer/ Sr. Exec/ SMT 2750/- 2500/- 2250/- 900/- 300/- Engineer/ Exec/ Jr. Exec/ SMT/ MT/ GET/ DET/ Other Trainees Ss1 & SS2 Staff/ Technicians/ Interns 1750/- 1500/- 1250/- 700/- 200/- Office Asst/ Guard/ Driver/ Cook Employee Handbook Expenses & Reimbursement

EXPENSES & REIMBURSEMENT Claim Submission Process Process Claim Submission Documents to be uploaded at Zing HR TAT for submission With 30 days of travel & accommodation Approver Immediate Line Manager Processing F&A Department Pay-out Cycle After approval within 7 working days Note: Employee’s are discouraged to travel by own vehicle. In case, it is used for official travel other than daily travel to the site/ office location, employee can claim expenses @ Rs. 10/- for Four-Wheeler or @ Rs. 6/- for Two-Wheeler. Kindly note that the usage of own vehicle should be restricted and can be claimed only if duly approved by HOD or authorized regional/ functional head.  Mobile Reimbursement Policy Sl. No. Level Monthly Rental Limit 1 CXO, Senior Vice President; Vice President At Actuals 2 Senior General Manager; General Manager Rs. 750/- 3 Dy. General Manager; Asst. General Manager; Sr Manager; Manager.  Rs. 650/- 4 Dy. Manager; Asst. Manager; Engineer; Executive; Junior Executive; SMT, MT, GET Rs. 600/- 5 Assistant; Technician; Driver; Office Assistant; Security Guard Rs. 450/- Medical & Term Insurance Benefits Category Policy Type Sum Assured Cost Bearer TPA Name Insurer Company 10L GMC Company Employee + Parents + 1+5 Vipul MedCorp Insurance The Oriental Insurance Spouse + 2 Children TPA Private Limited company Limited (Upto the Age of 30 Years) Personal Accident Individual Upto 75 Lacs Company Vipul MedCorp Insurance The Oriental Insurance Insurance (For Employee) TPA Private Limited Company Limited Category Policy Type Sum Assured Insurer Company Sum Insured Kotak Mahindra Term Insurance Individual Band 25 lakhs % subsidy on premium SS 50 lakhs 100% EX 1 crore 100% MM 2 crore 50% SM 25% Employee Handbook Expenses & Reimbursement

HR Portal Zing HR To login into ZingHR, please use the following Login path, ID & Password: Login Link: https://zingnext.zinghr.com Login ID: “Your Employee ID” Password:  Temporary password gets triggered while profile gets created on HRIS Employee Handbook HR Portal(Zing HR)

Leave and Attendance Dashboard Following information is available on HRIS platform:- £ Leave Balance and Attendance £ HR Policies £ Organization Announcement £ Salary Slips - Tax Details. £ Income Tax Declaration Employee Handbook Leave and Attendance: Dashboard

Important Contact Details Department Services Name Ext Number Mobile Number Email ID IT 422 IT IT Support  418 8178107130  [email protected]  Corporate Operation Access Card, Vikash Kohli  419 8468057514  [email protected] F&A Laptop, Charger, Rachit Rastogi Laptop 422 8745943060  [email protected] Configuration etc. 305 SAP Bhupesh Kumar  355 8178107130  [email protected] 8368508998 [email protected] Seating, Drawer Manoj Tripathi 364 Keys etc. Sundeep Kapoor 9540285888 [email protected] Medical Card & Insurance Claim & Krishan Kant 9871470535 [email protected] Reimbursement Dubey Employee Handbook Important Contact Details