CareEdge | ESG Ratings

Rating Symbol	Rating Category	Rating Definition
CareEdge-ESG 1+	80 – 100	Leadership position in managing ESG Risk through best-in-class disclosures, policies, and performance
CareEdge-ESG 1	70 – 79
CareEdge-ESG 2	60 - 69	Strong position in managing ESG Risk through superior disclosures, policies, and performance
CareEdge-ESG 3	40 – 59	Adequate Position in managing ESG Risk through modest disclosures, policies, and performance
CareEdge-ESG 4	30 – 39	Below Average Position in managing ESG Risk through elementary disclosures, policies, and performance
CareEdge-ESG 5	0 – 29	Weak Position in managing ESG Risk through weak disclosures, policies, and performance

Definition	Rating Category	Rating Definition
CareEdge-ESG T1+	80 – 100	Very High transition velocity in ESG performance
CareEdge-ESG T1	70 – 79	Very High transition velocity in ESG performance
CareEdge-ESG T2	60 – 69	High transition velocity in ESG performance
CareEdge-ESG T3	40 – 59	Moderate transition velocity in ESG performance
CareEdge-ESG T4	30 – 39	Low transition velocity in ESG performance
CareEdge-ESG T5	0 – 29	Very low transition velocity in ESG performance

Modifiers {"+" (plus)} is used with the rating symbols at highest category representing exemplary position within same rating category.

‘Core’ is prefixed to the rating symbols when a rating is assigned based on third-party assured or audited data disclosed by the Company in its Core BRSR report.

Rating Symbols and Definitions

CARE ESG Ratings Limited (CareEdge-ESG)

Rating Symbols and Definitions

1 ESG Rating Scale and Definition

2 Transition (Parivartan) Score’s Scale and Definition