5 Message from our CEO Dear Stakeholders, Sai Life Sciences entered its Silver Jubilee year in 2023 with aplomb, surpassing its vision of supporting global innovator partners in bringing 25 new medicines to market by 2025. The company crossed this milestone two years ahead of schedule and is poised to sustain this momentum on the back of a strong portfolio of molecules at various stages of clinical development. More significantly, our business growth has gone hand in hand with our sustainability agenda. At every step, we have been aware of the responsibility of being a vital link in the supply chain of innovator companies that are addressing the unmet medical needs of the patients. It is our constant endeavour to combine our deep expertise across science, quality, and HSE with operational excellence to generate sustainable value for our stakeholders and with each passing year, we are stepping up our efforts. New sustainability goals, renewed vigour On World Environment day 2023, we renewed our internal Sustainable Development Goals (SDG) charting out the roadmap to achieve specific environmental, social and governance (ESG) targets by the financial year ending March 31, 2027. Our renewed Sustainable Development Goals reflect a coming of age of our sustainability journey. The learnings and successes from the first edition have shaped our aspiration for this phase and signify our willingness to be bold and relentless on the chosen path. While sustainability has always been at the heart of our ethos at Sai, we continue to raise the bar by taking inspiration from all our customers and partners. Along with setting targets, we are forging partnerships that will enable us to sharpen our approach to assess the impact of climate change and develop a strategy to address it. We have joined the Science Based Targets initiative (SBTi), a global body enabling businesses to set ambitious emission reduction targets in line with the latest climate science. Accordingly, we have committed to set near-term company-wide emission reductions in line with climate science with the SBTi. Joining the SBTi will enable us to set targets, assess progress and calibrate actions to meet goals in a time-bound manner. It will allow the company to learn from SBTi’s rich experience of helping its member companies drive change and create an impact on the ground. 5
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