22 Materiality We understand that the materiality assessment process is the basis to define our sustainability framework and is important for us to measure and monitor our progress. We periodically invest in the identification and prioritization of issues that are material to our business and our stakeholders. Materiality Assessment Approach Our Materiality assessment approach is more than a box to tick at Sai Life Sciences. We rely on the process of identifying and listing the material topics that have a potential impact on the business, examining both the direct and indirect effects of each material topic that have on the long term sustainability of our operations. The sustainability cell at the corporate are involved in the process of identification of the material topics while evaluating the operational and the strategic implications it has on the business. We involve our stakeholder’s in the process of assessing the material topics relevant to them. The material issues prioritized are laid across the four themes: • Sustaining as a partner of choice • Being an employer of choice • Growing as an HSE champion of choice • Becoming a neighbour of choice Materiality Assessment 1 2 Stakeholder engagement Materiality grid Issue prioritization Issue identification Stakeholders interviews/ survey Validation 6 3 5 4
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