Lumax_March_2023 latest new

72nd Issue | January - March 2023 Investing in the Future #FutureReady

INSPIRATION Dear Colleagues, A year ago, we were coming out of the pandemic, uncertain of what the future held for us. All we had was hope, perseverance and each other. As we begin another year we can proudly say the year gone by was one of human victory. As One Lumax family, we surmounted many hurdles and had many victories. This would not have been possible without your unwavering support. Congratulations to each one of you! The year 2023 started on some very positive notes for us. We welcome IAC to the Lumax Family. This is a significant landmark for us. There has been a strong and steady improvement in the performance of all the Lumax group companies. Fortune India has featured both Lumax Industries and Lumax Auto Technologies in the NEXT500 Largest Mid-Size Corporations. Lumax Industries Limited has been ranked at 113th position while Lumax Auto Technologies Limited was ranked at 224th position. Lumax Industries Limited and Lumax Auto Technologies Limited have received the LACP's Annual Report Competition, the 2021/22 Vision Awards for the fourth consecutive year! Mr Deepak Jain has been nominated as the Chairman, for the Northern Region of the Confederation of Indian Industry (CII). This is an opportunity and a responsibility to improve and add more value to the Indian business. Mr Vikas Marwah, CEO Lumax Auto Technologies Limited, was bestowed with the ‘Business Leader of the Year Award and Ms Priyanka Sharma, Vice President of Corporate Communications & CSR received the 'Most Impactful CSR Leaders' award. We appreciate the confidence that all of our customers and stakeholders have placed in us and our work. It is the outcome of our values of Respect, Integrity, Passion and Excellence that we have been Progressing with Positivity. We will continue to strive to be better each day, and look forward to creating limitless possibilities and creating many milestones together in years to come. My best wishes to you and your family. DK Jain Chairman

KNOW YOUR LEADER Mr PSVS Raju, Executive Vice President Q. You have been an integral part of the Lumax-DK Jain Group for almost 3 decades. Please share your journey with us. A. My journey in Lumax started way back in 1995 when I joined as an Assistant Manager at the Pune Lighting Plant in Chinchwad where we manufac- tured 2-wheeler lamps. I feel privileged to be amongst the few who have had the opportunity of working with Mr. DK Jain and subsequently with Deepak ji and Anmol ji. In the year 2005, Mr. DK Jain entrusted me with the responsi- bility of setting up the current Chakan plant . This was an exciting challenge for me that gave me hands-on experience in 4-Wheeler lamp manufacturing. During that period, I had fruitful interactions with various customers like TA TA and Mahindra along with our Chair- man Mr. DK Jain. This helped me thoroughly understand how to be customer-centric and focus on customer delight – the very DNA of Lumax. During my career, I have had the good fortune of shoulder- ing diverse roles in Lumax that helped me grow as a professional and a person. In the year 2008, I was given the opportunity of setting up the R&D Centre in Pune which I developed with a lot of Passion, perseverance and Integrity. It is a labour of love! I embarked on the journey of self-reliance in design & tooling way back in 2008 and started in-house design- ing & local tooling develop- ment for 2-wheeler lamps. Today, I am very proud to see our R&D centre with state-of-the-art Photometric and environmental lab for new product design, development & testing growing stronger day by day with great alignment with the Czech R&D centre and Taiwan R&D centre. Again in the year 2015, I was given charge of our LATL Chakan plant where, as a team, we pushed ourselves for the coveted JIPM TPM Excellence Award and won the same in 2016. My journey in excellence continued and I was given the responsibility of Uttarakhand Region where we have 3 plants. Implementing TPM is a great tool for bringing excellence in manufacturing processes, we have been able to win many awards from customers, ACMA & JIPM in the last 5 years. Currently, I am responsible for all the lighting plants in the West & Uttarakhand region and New product development AMD. Q.As you highlighted you are currently, looking after Lighting Operations for the West Region and Uttarakhand in the North. Can you please share the details? A. All of us are aware that most non-Japanese OEMs are based in West and Pantnagar region for 2 WH, 4 WH, CV, and FES and some of our largest customers like Bajaj, TATA, and Mahindra are present in Pantnagar and West Region and hence both the regions are extremely important for us. Q.What have been your significant contributions? A. As a team committed to its Values of RIPE, we have logged in some signicant milestones. I am humbly sharing a few here: • Setting up R & D facility in Pune and self-reliance in design and development. • Transformation of LATL Chakan through TPM Philosophy • New Product development for AMD which helped to bring in growth in the UTK region and AMD. • Driving TPM as a culture across our plants and achieving JIPM TPM awards in Pune and Pantnagar plants. • Turnaround of LIL Chakan which enabled us to win customer condence in the Western region • Extraordinary efforts were taken in HR Process design, Hiring the Best Talent and Growth of employees within & made Business Friendly HR & IR. Signed multiple wage agreements with tough Unions. Q.How do you see the future growth? A. The future of Lumax is very bright in terms of new business and I am very bullish on our growth. Our capacities are booked for the next 3 years, and we are setting up new plants in Pune and Sanand. We have good wins from EV models of major OEMs, which will help us surpass our vision 2027 targets. I am happy to say that the brand Lumax is on a growth trajectory, and we are strongly connected with all OEMs for multiple product ranges. Q.Aftermarket con- tributess significantly to the growth of the Group. You are responsible for NPD at the AMD. Share your insights on the challenges and developments. A. It's extremely important to have a wide range of product portfolios to grow in After Market. We were short of the required product range and I was entrusted with setting up the NPD center for AMD in 2018 at Pune. When there was no existence of NPD, AMD, the growth potential in the aftermarket lighting space was limited. There was need to advance the product portfolio at a fast pace cost-effectively. The NPD AMD division was setup with the objective of "Quick Launch to Market at affordable cost" in 2018. Our pursuit for Excellence and agility has enabled us to include close to 60 new products in just about 4 years to the AMD portfolio. It is pleasure so see this segment grow in the B2C space.

Q. You have been an integral part of the Lumax-DK Jain Group for over 3 decades. Please share your journey with us. A. My journey in Lumax started way back in 1995 when I joined as an Assistant Manager at the Pune Lighting Plant in Chinchwad where we manufac- tured 2-wheeler lamps. I feel privileged to be amongst the few who have had the opportunity of working with Mr. DK Jain and subsequently with Deepak ji and Anmol ji. In the year 2005, Mr. DK Jain entrusted me with the responsi- bility of setting up the current Chakan plant. This was an exciting challenge for me that gave me hands-on experience in 4-Wheeler lamp manufacturing. During that period, I had fruitful interactions with various customers like TATA and Mahindra along with our Chair- man Mr. DK Jain. This helped me thoroughly understand how to be customer-centric and focus on customer delight – the very DNA of Lumax. During my career, I have had the good fortune of shoulder- ing diverse roles in Lumax that helped me grow as a professional and a person. In the year 2008, I was given the opportunity of setting up the R&D Centre in Pune which I developed with a lot of Passion, perseverance and Integrity. It is a labour of love! I embarked on the journey of self-reliance in design & tooling way back in 2008 and started in-house design- ing & local tooling develop- ment for 2-wheeler lamps. Today, I am very proud to see our R&D centre with state-of-the-art Photometric and environmental lab for new product design, development & testing growing stronger day by day with great alignment with the Czech R&D centre and Taiwan R&D centre. Again in the year 2015, I was given charge of our LATL Chakan plant where, as a team, we pushed ourselves for the coveted JIPM TPM Excellence Award and won the same in 2016. My journey in excellence continued and I was given the responsibility of Uttarakhand Region where we have 3 plants. Implementing TPM is a great tool for bringing excellence in manufacturing processes, we have been able to win many awards from customers, ACMA & JIPM in the last 5 years. Currently, I am responsible for all the lighting plants in the West & Uttarakhand region and New product development AMD. Q.As you highlighted you are currently, looking after KNOW YOUR LEADER Lighting Operations for the West Region and Uttarakhand in the North. Can you please share the details? A. All of us are aware that most non-Japanese OEMs are based in West and Pantnagar region for 2 WH, 4 WH, CV, and FES and some of our largest customers like Bajaj, TATA, and Mahindra are present in Pantnagar and West Region and hence both the regions are extremely important for us. Q.What have been your significant contributions? A. As a team committed to its Values of RIPE, we have logged in some signicant milestones. I am humbly sharing a few here: • Setting up R & D facility in Pune and self-reliance in design and development. • Transformation of LATL Chakan through TPM Philosophy • New Product development for AMD which helped to bring in growth in the UTK region and AMD. • Driving TPM as a culture across our plants and achieving JIPM TPM awards in Pune and Pantnagar plants. • Turnaround of LIL Chakan which enabled us to win customer condence in the Western region • Extraordinary efforts were taken in HR Process design, Hiring the Best Talent and Growth of employees within & made Business Friendly HR & IR. Signed multiple wage agreements with tough Unions. Q.How do you see the future growth? A. The future of Lumax is very bright in terms of new business and I am very bullish on our growth. Our capacities are booked for the next 3 years, and we are setting up new plants in Pune and Sanand. We have good wins from EV models of major OEMs, which will help us surpass our vision 2027 targets. I am happy to say that the brand Lumax is on a growth trajectory, and we are strongly connected with all OEMs for multiple product ranges. Q.Aftermarket con- tributess significantly to the growth of the Group. You are responsible for NPD at the AMD. Share your insights on the challenges and developments. A. It's extremely important to have a wide range of product portfolios to grow in After Market. We were short of the required product range and I was entrusted with setting up the NPD center for AMD in 2018 at Pune. When there was no existence of NPD, AMD, the growth potential in the aftermarket lighting space was limited. There was need to advance the product portfolio at a fast pace cost-effectively. The NPD AMD division was setup with the objective of "Quick Launch to Market at affordable cost" in 2018. Our pursuit for Excellence and agility has enabled us to include close to 60 new products in just about 4 years to the AMD portfolio. It is pleasure so see this segment grow in the B2C space.

KNOW YOUR LEADER Q.What are the current challenges? A. After the pandemic, the market was quite disturbed and there was no continuity of products for a certain period, and now things have stabilized again. As you know, there is a rapid rush of technological changes in lighting from conventional Halogen lamps to LED lamps with huge aesthetic appeal in styling. This trend requires high skill in electronics and optics. We are upskilling ourselves and building a stronger team to rise to the occasion. Q.What is the growth potential of AMD? A. When it comes to revenue of AMD on account of new products, the growth potential is abundant. We have added approximately Rs 100 crores in the last 3 years. Q.AMD NPD has also received patents – tell us about that journey and how important is to have patents and how many of them are we currently working on. A. It's not patent but it's design registration. To date, the NPD team received 5 nos. of DR for both 2W & 4W lamps. Among 5, 3 lamps are launched and 2 are under development and those too will be launched by Q3, FY24. Q. Is our focus on R&D enough, what more needs to be done? A. Lumax is focused on the R&D for both OE & AMD, but need to align with the global market. We have a strong R&D with core self-driven technology that gives a unique strength to the organisation. Hence w.r.t R&D, there is scope to enhance our strengths, and which is under process. Q.There is a conver- gence of Technology from Europe, Japan, and Taiwan for the Indian market. How much do you think is the impact of the same on AMD NPD? A. Things are getting upgraded in force with the guideline set by GOI, in all aspects it is essential to move together to achieve global standards. When there was no internet & e-mail, still the communication was done but the mediums were different. Similarly, the convergence of technology is important to bring revolution in the automotive segment. The business environment is very dynamic and we need to keep pace with it and demonstrate success. For this we are undergoing transformation by expanding and upskilling our employees to become stronger teams. Functional integration with OEM’s R&D team and other agencies is the way forward to innovate and attain technological convergence. Q.Share your experi- ence being part of the Senior Management team? A. We have a great team at the senior management level, supported by a very energetic young workforce. New members have been added and I strongly believe that this will bring in new ideas and approaches for the benet of the organization. I enjoy a very positive relation- ship and great support from MD and CMD. It is a collective approach and drive by CMD and MD to create Vision 2027 together with the senior management team that made us own this

document and committed to delivering the results with pride. Engaging leadership development and coaching process in a structured way, has been immensely benetting us all. Q.How excited are you for the upcoming projects such as the new plant at Chakan? A. This is a very exciting project and I have been deeply involved right from the selection of the site. This would be a truly world-class facility that will support the high-end technology products of our esteemed customers TATA, Mahindra & Volkswagen in the western region. Q.After working in the industry for so many years which has evolved rapidly, what are your expectations, what are your personal goals that you would like to achieve before you hang your boots? A. The automotive industry is rapidly evolving from technological developments to digital transformation.We are experiencing this from all our customers, and we need to be future-ready for meeting the evolving trends in complex lighting technologies both KNOW YOUR LEADER from the development and manufacturing point of view. Opening a Czech R&D center is the right move towards this and there is a major drive toward digitisation in the manufacturing process. And on my personal goal front, I strive for: •A healthy work-life balance. •Stepping outside my comfort zone for helping me to achieve great results in my professional life. •Mentoring my 2nd line of the team to take the leadership baton. •Being creative and a thought leader to be at the top •Keeping the body and mind healthy. Well, the boots will have to wait, there is lot more happening on ground! Q.Any particular message that you like to share with our audience, especially the ones who have newly joined? A. A very warm welcome all new joiner to the Lumax family. From my own experience, I can share with tremendous condence that this is a great company where your talent will be respected, there are no limitation to your growth if you have Passion and are willing to take that extra step to take up new challenges. Be in pursuit of Excellence every day in everything we do.

Company: Hero MotoCorp Model: MAESTRO XOOM - 110 Products: Front Turn Signal Lamp Company: Hero MotoCorp Model: MAESTRO XOOM - 110 Products: Rear Lamp Company: Honda Motorcycle and Scooter India Model: Shine 100 Products: Blinker Lamp Company: Honda Motorcycle and Scooter India Model: Shine 100 Products: Rear Lamp PRODUCT INNOVATION Company: KTM Model: Adventure 250cc & 390cc Products: Chassis Company: KTM Model: RC 125cc, RC 200cc & RC 390cc Products: Chassis Company: Bajaj Auto Model: Pulsar 150 cc Twin Disc Products: Chassis

PRODUCT INNOVATION Company: Toyota Model: Innova Hycross Products: Rear Reex Reector Company: Toyota Model: Innova Hycross Products: Mirror Side Turn Company: Toyota Model: Innova Hycross Products: License Lamp Company: Daimler India Commercial Vehicle Model: HD Truck, MD Truck & Buses Products: RTC CAN Timer Company: Maruti Suzuki India Limited Model: Jimny Products: Gear Shifter – MT Company: Maruti Suzuki India Limited Model: Fronx Products: MT & AT Gear Shifter

GUESTS AT LUMAX

GUESTS AT LUMAX Padmini VNA Mechatronics Mr J Narayanan, Corporate Advisor, Mr Sudhir Rao, Former CMD, Skoda Auto and Mr Sidhanth Rao, Student from Padmini VNA Mechatronics visited Lumax Industries Limited - Bawal, Haryana in March 2023 to examine the operations, interact with the teams and assess possible opportunities for future business.

GUESTS AT LUMAX Maruti Suzuki India Mr Yoichi Suzuki, Department General Manager, Mr Rachit Pandey, Vice President - ERD-CL and Mr Ravinder Kaul, Dy. General Manager from Maruti Suzuki India visited Lumax Industries Limited – Electronics Division – Bawal, Haryana in January 2023 to examine the operations, interact with the teams and assess possible opportunities for future business.

GUESTS AT LUMAX Hero MotoCorp Mr Virender Chauhan, Manager - Strategic Sourcing, SS & SC and Mr Deepak Dhiman, Strategic Sourcing from Hero MotoCorp Limited visited Lumax Industries Limited – Electronics Division, Bawal, Haryana in January 2023 to oversee operations, brainstorm with the teams and assess possible opportunities for future business. Mahindra & Mahindra Mr Prashant Chandak, DGM-SSU from Mahindra & Mahindra visited Lumax Industries Limited, Bawal in February 2023 to brainstorm with the teams, inspect the shopfloor and assess possible opportunities for future business.

GUESTS AT LUMAX TVS Motor Mr G Sugavanam, Associate Vice President – Purchase, Mr N. Raju, Associate Vice President - Quality, Mr A V Satyanarayana, Deputy General Manager - Purchase and Mr Sarang Deo, Purchase Manager are from TVS Motor visited Lumax Industries Limited, Bengaluru in February 2023 for Supplier Technical Capability Audit for TVS-BMW Super Bikes Lamps Development. Maruti Suzuki India Mr Deepak Miglani, Senior Manager - Vendor System Audit and Mr Amit Agarwal - Deputy Manager Vendor System Audit Maruti Suzuki India visited Lumax Industries Limited, Bengaluru in February 2023 for Vendor System Audit.

GUESTS AT LUMAX SDM Industrial Visit Students from Amity Global Business School visited Lumax Industries Limited – Pune in October 2022 to get first hand experience of the manufacturing processes and plant operations. Mr Vikrant Chavan, SDM – Pune visited Lumax Industries Limited – Pune in March 2023 to inspect and provide Fire related NOC.

GUESTS AT LUMAX M&M SDMM TEAM The SDMM team from Mahindra & Mahindra visited Lumax Industries Limited – Pune in February to examine the operations, interact with the teams and assess possible opportunities for future business. Mr Rajiv Gupta, Vice President - CDMM from Mahindra & Mahindra along with Lumax-DK Jain Group team members visited the upcoming plant site of Lumax Industries Limited, Chakan, Pune to review the work in progress. Site Inspection – New Greenfield Plant

EVENTS

EVENTS Lumax Auto Technologies Limited, a leading Tier-1 automotive systems and components supplier, has signed an agreement to acquiring majority stake in IAC International Automotive India Private Limited (IAC India) from the International Automotive Components Group (IAC Group). The IAC Group is a leading global supplier of powertrain-agnostic automotive interior and exterior systems and components including instrument panels, cockpits and consoles, door and trim systems, headliner and overhead systems and other interior and exterior components. With global revenues in excess of USD 3 billion, the IAC Group is a strategic supplier to leading automotive OEMs across the world and operates 45 manufacturing facilities across 17 countries. Partnership with IAC India Key Highlights Acquisition took place at an equity valuation of Rs 587 crores, and IAC will continue to hold 25% stake. 75% of the stake bought at Rs 440 crores. IAC India has 5 manufacturing facilities & 1 engineering centre with a strength of 150 engineers for entire product design & development.

EVENTS Partnership with IAC India IAC India is a well-established Tier-1 interior systems and components supplier to key automotive OEMs in India including Mahindra, Maruti Suzuki, Volkswa- gen and Volvo Eicher Commercial Vehicles among others. It has 5 manufacturing plants – 2 in Chakan, Pune and 1 each in Manesar, Nashik and Bangalore. It also has 1 in-house state of the art Engineering centre in Pune with key capabilities in Product Designing & Engineering, Dimensional Engineering, Product Development, Program Management and Tooling development. It has a team of 150 engineers and designers with Global experience catering to all tool development requirements from its customers as well as from its global sister concerns. This association gives both companies an opportunity to expand their wings and grow further. We have truly found a match in IAC India, having synergies with our core competencies and product competencies in plastic injection, paint, and assembly, allowing us to grow as a consolidated system supplier, thereby increasing the kit value per vehicle. We, at Lumax, will leverage our current product portfolio across JVs by providing the entire interior vehicle development, system integration of interiors as well as lighting.

EVENTS Partnership with IAC India “This partnership will provide us the platform to combine world-class technology and engineering capabilities, complimentary products, customer relationships, manufacturing excellence and a strong independent professional team to take the business to the next level in the coming years” - Mr Sunil Koparkar, Managing Director - IAC India “This is a marquee milestone in our long-term growth goals of strategic partner- ships with global industry leaders. With our group’s existing expertise in automo- tive lighting and plastics, it provides the opportunity to combine competitive strengths across automotive lighting, plastics and interiors to provide complete solutions to our customers. We are excited with the opportunity to partner with IAC and work together with the team at IAC India with the overall vision of stability, continuity and growth in the coming years” - Mr Deepak Jain - CMD - Lumax Industries Limited “We are extremely delighted to join hands with the Lumax group and believe that together with Lumax, the IAC India business can be propelled upwards in the coming years. This partnership will offer immense opportunity to expand our business in India and continue to deliver quality solutions to our customers. It also offers the opportunity for industry leaders in lighting and interior systems to offer integrated solutions to meet the rapidly evolving technological advancements in the automotive sector” - Mr David Prystash, Chief Executive Ocer – IAC Group “This strategic partnership will help us expand our existing business in four-wheeler automotive plastics and serve our customers with a wider product range. As the sector moves towards higher value-added and niche content in interior systems, we will look to leverage this platform to deliver industry leading solutions to our custom- ers and enhance our kit value per vehicle. Together with IAC, our goal will be to take this business to the next level by unlocking synergies across products, customers, technologies and manufacturing excellence” - Mr Anmol Jain, Managing Director – Lumax Auto Technologies Limited

EVENTS MPS Project Initiation Mr S K Mahendru, Mr Prashant Kumar and Mr Hunny Gaba from MACE, Maruti Suzuki India Limited graced the KICK OFF ceremony of the MPS (Maruti Production System) projects at Lumax Industries Limited, Bawal in March 2023. The project will enable us to deep dive in our Excellence practices and improve our results through small improvement projects.

EVENTS Chairman of CII Northern Region Mr Deepak Jain, CMD - Lumax Industries Limited elected as Chairman of CII Northern Region at the Annual Regional Meeting & Conference for 2023-24 has been elected. He will head CII Northern Region which comprises of 7 states - UP, Delhi, Haryana, Punjab, Rajasthan, Uttarakhand, and 3 Union Territories - Chandi- garh, Jammu & Kashmir and Ladakh aiming to foster digital transformation of businesses that impact social and economic development by adopting innovative and sustainable practices. Honda Car India Supplier Convention Honda Car India Supplier Convention was held in February, 2023 at Gurugram, Haryana. Mr. Anmol Jain, President Honda Supplier Club and MD – Lumax Auto Technologies Limited addressed the gathering and updated the members with the Supplier Club activities.

Team Lumax Visit Stanley Hungary Bringing together the best in the automotive lighting business to offer the best in class solutions. Our Roots are Indian, but our Standards are Global. Team Lumax visited our longstanding partner Stanely's automotive lighting plant at Hungary in February 2023 to brainstorm on new technologies and benchmarks. EVENTS CII 3rd Champions Trophy on Industry 4.0 (LCA & DRA) 2023 Team representing Lumax Industries Limited - Bengaluru participated at the CII 3rd Champions Trophy on Industry 4.0 (LCA & DRA) 2023 in January 2023 at IHC, New Delhi. The team presented their case study on Low Cost Automation, which helped in reducing process rejections.

EVENTS Mass Communication Meets Mass Communication Meets were held every month at Lumax Industries Limited – Bawal and Lumax Industries Limited – Electronics Division, Bawal in January – March 2023. All employees participated in the meets where the performance of the plants were shared with the employees, their issues discussed and employees were rewarded and recognised for their performance in several operational activities.

EVENTS Mass Communication Meets

EVENTS Kaizen Competition A Kaizen Competition was held at Lumax Industries Limited, Pune in February 2023. Open House & Town Hall An Open House & Town Hall was organised at Lumax Industries Limited – Pune in January 2023. The meet was organised to discuss the ongoing issues, create awareness about plant operations, future roadmap, challenges amongst all employees and to resolve any issues and bottlenecks. Several top performers were also acknowledged and rewarded for their exemplary contributions.

EVENTS Open House & Town Hall

EVENTS Town Hall meet was organised at Lumax Mannoh Allied Technologies Limited and Lumax Auto Technologies Limited, Manesar in March 2023. The meet was held to share the ongoing performance of the plant, the future targets and roadmap, the challenges faced currently and the issues faced by the employees related to their day to day work. The members with outstanding performances and contributions were recognised, acknowledged and rewarded at the Town Hall. Town Hall at LMAT & LATL Manesar A Quiz competition was held at Lumax Industries Limited – Pune in January 2023. Several employees participated in the event and the winners were rewarded. Quiz Competition

EVENTS Regular meetings with the shopfloor employees were held at Lumax Industries Limited – Pune in January – March 2023. Discussions of operations,improvement in manufacturing processes, targets and HR related matters. Shopfloor Employee Meetings The newly joined Mr Ravi Teltia, CFO – Lumax Industries & Lumax Ancillary visited March 2023 at Lumax Ancillary Limited, to interact with the teams and undertsand the plant functioning, manufacturing processes etc. CFO Visit to LAL Pune

EVENTS Lumax-DK Jain Group is committed to the Safety of its employees and to make its facilities safer to work and be accident free. Safety Week Celebrations were held across several plants at Lumax-DK Jain Group in March 2023. Several activities related to safety, awareness among employees, mock drills, slogan competitions, pledges, trainings etc. were held. Safety Week Celebrations

AWARDS & RECOGNITION

AWARDS & RECOGNITION Excellence in NPDD & Localisation - Very Large Category Lumax Industries Limited, Gurugram won the Bronze Award for Excellence in NPDD & Localisation - Very Large Category at the ACMA Atmanirbhar Excellence Awards 2022 in March 2023. Most Impactful CSR Leader At Lumax, contribution towards societal and environmental wellbeing is a priority as we are accountable and responsible towards People, Planet, Prosperity Peace, and Partnership to ensure we leave no one behind. Living our Group Purpose and committing towards delivering Pride and Progress with Positivity. Ms Priyanka Sharma, VP & Corporate Head - Corporate Communications & CSR received the 'Most Impactful CSR Leaders' award at the 12th Edition of World CSR Day in February 2023 for her tremendous efforts for the betterment of the society and creating positive impact in the lives of the disadvantaged through her work. Excellence in Manufacturing - Very Large Category Lumax Auto Technologies Limited, Bengaluru won the Bronze Award for Excellence in Manufacturing - Very Large Category at the ACMA Atmanirbhar Excellence Awards 2022 in March 2023.

AWARDS & RECOGNITION Business Leader of the Year Mr Vikas Marwah, CEO - Lumax Auto Technologies Limited was recognised as the Business Leader of the Year at the ET Ascent Awards in February 2023.

AWARDS & RECOGNITION Super Platinum Quality Award Lumax Auto Technologies Limited, Pantnagar received the Super Platinum Quality Award from Bajaj Auto at the BAVA Convention in January 2023. Kudos to the team for their extraordinary efforts in achieving this milestone and delivering quality products to our esteemed customers.

AWARDS & RECOGNITION 2021/22 Vision Awards We are happy to announce that Lumax Industries Limited and Lumax Auto Technologies Limited have received the League of American Communication Professional's (LCAP's) Annual Report Competition, the 2021/22 Vision Awards for the fourth consecutive year! Lumax Industries Limited received the Platinum Award and Lumax Auto Technologies Limited received the Gold Award. Among Top 100 Reports Worldwide, Lumax Industries Limited ranked #18 and Lumax Auto Technologies Limited ranked #59. Both also received the Technical Achievement Award for overall excellence in the art and method of annual report communications for the past fiscal year.

AWARDS & RECOGNITION Silver Award at the Regional Quality Circle Competition 2nd Runner up Award for the National QC / Kaizen Competition Lumax Industries Limited received the 2nd Runner up Award for the National QC / Kaizen Competition from Mr Takanobu Watabe, Operating Head - Purchase, Honda Cars India at the Annual Supplier Convention organised by HCI Supplier Club in February 2023. Best Cost Cooperation in ISR2.0 Lumax Mannoh Allied Technologies Limited for receiving the Best Cost Cooperation in ISR2.0 Award from Mr Ichiro Shimokawa, Chief Production Ocer & Director – Production Planning & Control and Mr Yutaka Hozumi, Senior operating Ocer - HGID from Honda Cars India at the Annual Supplier Convention organised by HCI Supplier Club in February 2023. Team Riser from Lumax Mannoh Allied Technologies Limited for winning the Silver Award at the Regional Quality Circle Competi- tion organised by Toyota Kirloskar Suppliers Association in January 2023.

TRAININGS

TRAININGS CII workshop on Manufacturing Excellence Lumax has been deeply committed to several initiatives for enhancing competitiveness, maintaining manufacturing excellence and ensuring Zero Defect production. Against this backdrop, Ms Renu Sharma from Quality Department participated at the CII workshop on Manufacturing Excellence with the theme 'Sharing of Best Manufacturing Practices' in January 2023 at Haridwar, Uttarakhand.

TRAININGS IATF Trainings An IATF Training was conducted by Mr Abhilas Agnihotri from Sigmoid India at Lumax Auto Technologies Limited,, Manesar in February 2023 in which 24 employees participated. TPM Trainings TPM Trainings were provided by Mr Rahul Dubey from Lumax Auto Technologies Limited, Manesar to the new joiners at Lumax Mannoh Allied Technologies Limited, Manesar in March 2023.

EVALUATIONS

EVALUATIONS ESD 20:20 Certification IPC Certification At Lumax Industries Limited - Electronics Division, we constantly challenge ourselves to maintain the utmost standards of ESD principles. It’s straight 7 years in a row to have received ESD 20:20 certification for ourselves. Auditor Mr Deven Jally from DQS India conducted the evaluation in February 2023. At Lumax-DK Jain Group, despite of having highest level of process automation, human judgement is still of paramount importance. In this context, Lumax Industries Limited - Electronics Division ensures that our key associates get IPC certified from time to time. The associates received their certificates in February 2023. An IATF audit was conducted by Auditor Kanchan Chakraborty from DNV at Lumax Industries Limited – Gujarat in March 2023. IATF Audit

CSR

CSR Creating a better tomorrow, today. Eye Screening and free cataract Surgeries Camps Blindness is not only a health problem but is one of the most important social problems worldwide with enormous economic implications. Blindness is mainly a problem of developing countries which is preventable in at least 80% of cases. The Sustainable Development Goals (SDGs) were adopted at the United Nations (UN) General Assembly in September 2015. There are several targets and indicators within Goal 3: Good Health which is very relevant for eye health and within this goal. Prevention and control of blindness is included within the Neglected Tropical Diseases (NTD) under the SDGs which are largely diseases of poverty and addressing them can help to reduce eye health inequalities. Majority of the population is oblivious to the fact that blindness can be prevented, treated, and cured if timely measures are taken. There is an urgent need to cater to this segment of the population and those who are on the verge of getting blind. Understanding the need and our commitment to provide Eyecare screening and services to the marginalised sections of the society, LCF organised 19 camps across India in the past quarter in which a total of 437 Cataract Surgeries were conducted, 1259 patients were provided with Spectacles and 1681 patients received critical medicines. umax-DK Jain Group is committed to creating a better tomorrow by contributing towards the society at large focusing on the Sustainable Development Goals. The major areas of our initiatives have been Healthcare and Education with several other initiatives related, infrastructure development, sanitation etc. In the past quarter, Lumax-DK Jain Group through its CSR arm Lumax Charitable Foundation (LCF) contin- ued implementation of several initiatives. Eye Screening Camps 19 Spectacles Provided 1259 Critical Medicines Provided 1681 Free Cataract Surguries 437

CSR LCF works with communities to spread awareness on social issues and encourages them to participate in different activities and feel the spirit of Working together in a group to motivates everyone. The objectives of the meetings and community development are – Community Development To create a supportive environment for women to take up professional driving. To capacitate them through innovative community practices, development of life skills, empower them to seek healthcare and bring sustainable changes in the community, and to make them aware of their rights & promoting gender equality To reach out to marginalized and socially-excluded women and adolescent girls.

CSR LCF distributed Sanitary Napkins to students of classes 9th -12th in our all schools. The objective of distributing sanitary napkins is to increase the use of healthy sanitary products for girls during their menstruation as well as to motivate them to not to restrict oneself for any kind of routine activity such as attending schools during their menstruation period. LCF conducted awareness sessions on Personal Hygiene with the community members and guided them in having safe and acceptable access to appropriate healthcare information. Awareness Sessions on Personal Hygiene Sanitary Napkins Distribution To create awareness in women regarding importance of Personal Hygiene & Healthy Lifestyle so they can support their daughters & Daughter in laws To them scientific reason & facts to clear the myths they must make them aware of Risks and prevention of infections during Menstruation Cycle To increase the use of healthy sanitary products during Menstruation Cycle

CSR LCF celebrated National Girl Child Day on 27th January, 2023 with the community members of Hassanpur Tauru in Haryana. Many students from the Govt. Schools participated in the event. The objective of the celebrating the day was to raise awareness among all community members & students regarding inequalities, discrimination, exploitation faced by the girls in society as well as to provide them a platform where they could express their views/opinions in front of others through their participation. Activities like Speeches, Songs, Group and Solo Dance and Drama was performed in which a total of 35 women from community and 40 students from GGHS Hassanpur Tauru participated actively. Apart from participants more than 50 community members and 300 students from GGHS Hassanpur Taru and nearby Govt. High School attended the program. National Girl Child Day Celebration

CSR The objective of organizing the event was to honour a woman's accomplishments while also raising awareness about bias as well as to provide them a platform to show their creativity and talent. The day also provides an opportunity to break the bias and take action to support their families. A total of 85 beneficiaries attended the program in which a total of 30 women performed their activities such as Dance, speeches, poems & slogans. All community members enthusiastically performed their activities. International Women’s Day Celebration 2023

CSR At the end academic year 22-23, feedback letters were shared by Govt. schools of Haryana – where schools appreciated LCF’s Life skill project as the project is benefiting the student’s skill sets and enhance the capabilities. Appreciation Letter from Schools

CSR On 08 March – International Women’s Day LCF have announced competition in Govt schools of Pune. Given three topics (Woman status in Indian Society, Women Empowerment and role of women and men in Devel- oping India) to the students and along with four categories for competition and students took part actively and shared us their activities. LCF received a good response from students. Certificates were distributed to each student for participation in 08th March – International Women’s Day competition and prizes were given to the selected best entries. A total of 100 students were given certificates. Competition Announcement & Entries

CSR “Usha ki kiran” scholarship program provides financial support to underprivileged students to avail scholarships which are available in the market whether Government or private. In the last Quarter we announced 39 scholarships worth 6,90,000/- out of which 11 are boys and 28 are Girls. More scholarships will be announced soon. “Usha ki Kiran “Scholarship In our endeavour to provide uninterrupted education, Lumax-DK Jain Group supported in infrastructure and construction of the school of Seth SC High School at Zolapur, Sanand, Gujarat. The newly constructed school building was inaugurated in February 2023. The Chief Guest for the event was Mr P.J Gohil, Ex Principal and Member of District Education Board. Other prominent members present were Mr R.N. Thakkar - School Trustee (President), Mr Chirag Patel (Principal), Mr L.A Dodia (Princi- pal), Mr J.C Charan (Ex Principal) and Mr Mehul K Gohel, Deputy GM from Truetzschler India Pvt Ltd. The construc- tion work was initiated in 2019, after assessing the need and seeing the dropouts due to lack of infrastructure. This school will cater to the educational needs of children from nearly 30 villages. Infrastructure Development Tamanna Class - 12th Scholarship - ₹ 18000 Dipesh Class – 11th Scholarship - ₹ 18000 Udit Class – 11th Scholarship - ₹ 18000 Anjali Class – 11th Scholarship - ₹ 18000 Pravesh Class – 11th Scholarship - ₹ 18000 Lakshmi Class – 11th Scholarship - ₹ 18000 Sheetal Class – 11th Scholarship - ₹ 18000 Jishan Class – 11th Scholarship - ₹ 18000 Khushi Class – 11th Scholarship - ₹ 18000 Shivani Class – 11th Scholarship - ₹ 18000

CSR LCF organised Cancer Detection Camps and provided Patient Support to spread awareness on cancer and to make cancer screening and prevention services available to the unreached as well as provide part financial support to individuals suffering from cancer belonging to the EWS category with corporate support. 1. Number of camps Organised - 7 (694 beneficiary screened) 2. Number of patient support - 8 3. Number of Mammography - 20 4. HPV DNA (advance cervical test) - 3 5. Suspected cases -18 (advise - Quit smoking, chewing tobacco) Other than the initiatives mentioned above, LCF team also visited Bengaluru for monitoring the existing projects and exploring the future opportunities for social initiatives near plant locations for FY 2023-24. Cancer Detection Camps and Patient Support:

BEYOND WORK

BEYOND WORK Health Screening Camp - LAI A Health Screening Camp including Dental Screening was organised for our Employees at Lumax Alps Alpine India, Gurugram in January 2023. The camp was conducted by a team from Venkateshwar Hospital, Dwarka, Delhi. 50 employees benefitted from this health checkup. Health Screening Camp - LCAT A Health Screening Camp was organised for our Employees at Lumax Cornaglia Auto Technologies, Pune in January 2023. The camp was be conducted by a team from Medicover Hospital, Pune. 165 employees benefitted from this health checkup camp.

BEYOND WORK Awareness Session on Cardiac Diseases An Awareness Session on Cardiac diseases and prevention was held at Lumax Auto Technologies Limited, Pune in January 2023 conducted by Dr. Suraj Patil - Cardiologist from Medicover Hospital, Pune. The session was attended by 60 Employees. A health Screening Camp was organized at Lumax Corporate oce in January 2023 in support with Aakash Hospital, Dwarka. Over 50 employees participated to get the complete health check up done, that included Physician Consultation, BMI, BP, Random Sugar, Pulmonary Function Test, Eye Screening etc. Health Screening Camp – Lumax Corporate Office

BEYOND WORK Health Screening Camp – LAL Pune A Health Screening Camp was organised for our Employees at Lumax Ancillary Limited, Pune in January 2023. The camp was conducted by a team from Medicover Hospital, Pune. 50 employees benefitted from this health checkup camp.

BEYOND WORK TT Immunisation Camp Focusing on health of employees, a TT Immunization camp along with awareness session was held at Mahavir Udyog in March 2023. 51 employees were immunized at this camp.

BEYOND WORK First Aid Training During the Safety Week Celebrations at Lumax Ancillary Limited, Pune, First Aid Training was held in March 2023 in which all employees participated.

BEYOND WORK Blood Donation Camp On the occasion of Safety Week Celebrations, a Blood Donation Camp was organized at Lumax Ancillary Limited, Pune in collaboration with Sanjeevani Blood Centre, Pune in March 2023.

BEYOND WORK Awareness Session on General Health & Tuberculosis An awareness session on General Health and Tuberculosis was organized at Lumax Industries Limited – Electronics Division, Bawal, Haryana in collaboration with Ujala Cygnus Superspeciality Hospital, Rewari, Haryana in March 2023. A total of 51 employees benefited from the session. BEYOND WORK Awareness Session on General Health & Tuberculosis An awareness session on General Health and Tuberculosis was organized at Lumax Industries Limited – Electronics Division, Bawal, Haryana in collaboration with Ujala Cygnus Superspeciality Hospital, Rewari, Haryana in March 2023. A total of 51 employees benefited from the session.

BEYOND WORK A General Health Check Up and Awareness Session was organized at Lumax Industries Limited – Electronics Division, Bawal, Haryana in collaboration with ESI Dispensary Rewari in March 2023. General Health Check Up and Awareness Session

BEYOND WORK An Eye Check up & General Health Check up camp was organised at Lumax Industries Limited – Electronics Division, Bawal, Haryana in March 2023 in collaboration with Nirmala Hospital, Rewari. 115 employees benefitted from this camp. Eye & General Health Check up Camp

BEYOND WORK A General Health Checkup camp was organised at Lumax Industries Limited – Electronics Division, Bawal, Haryana in January 2023 in collaboration with Amrita Hospital, Faridabad. General Health Checkup Camp

BEYOND WORK On the occasion of safety week celebrations, Lumax Industries Limited, Bengaluru conducted a fire fighting training in March 2023 to create awareness amongst all employees regarding Fire Safety. Fire Fighting Training

BEYOND WORK A Blood Donation Camp was organised at Lumax Industries Limited – Pune in January 2023. Several employees participated and contributed in the donation drive that was organised with the support of OM Blood Bank, Pune. Blood Donation Camp

BEYOND WORK An employee family get together was organised by Lumax Industries Limited – Pune for its employees and their families in March 2023. Such activities rejuvenates and motivates employees and also extends a grateful hand towards the extended family members of Lumax-DK Jain Group. Employee Family – Get Together

BEYOND WORK Members from Lumax Auto Technologies and Lumax Mannoh Allied Technologies, Manesar participated at the Honda Half Marathon organised by Honda Motorcycle & Scooter India in March 2023. Honda Half Marathon

BEYOND WORK Glimpses Of Buddy Programme

BEYOND WORK ACMA Golf Tournament Mr Anmol Jain, an EC Member & Co-Chairman NR, ACMA participated in the 12th ACMA - Vredestein Tyres Invitational Golf Tournament held at Qutab Golf Course in January 2023. Mr RC Bhargava, Chairman Maruti Suzuki India Ltd was the Chief Guest of the event where more than 100 Golfers participated.

BEYOND WORK New Year Celebrations New Year Celebrations were held at several locations at Lumax-DK Jain Group welcoming the new year with new spirits.

BEYOND WORK New Year Celebrations

BEYOND WORK Lohri Celebrations Lohri was celebrated across several plants in the Northern Region with much fun and fervour in January 2023.

Republic Day was celebrated across several plants in the Lumax-DK Jain Group which included unfurling the Tricolour, march past, distribution of sweets and singing patriotic songs. BEYOND WORK Republic Day Celebrations

BEYOND WORK Paying tributes to the greatest Maratha leader, Shivaji Jayanti was celebrated at Lumax Industries Limited – Pune in January 2023. Shivaji Jayanti Celebrations

BEYOND WORK Holi Celebrations Holi was celebrated across several locations in the Lumax-DK Jain Group where members greeted and wished everyone with colours. Food and fun activities were also organised for the participants.

BEYOND WORK Women’s Day Celebrations Women’s Day was celebrated across all locations in the Lumax-DK Jain Group involving several fun filled activities, food and sharing of thoughts from senior management.

BEYOND WORK Women’s Day Celebrations

BEYOND WORK Birthday Celebrations

NANHI CHAAN

NANHI CHAAN Nanhi Chaan Plantation drives under the Nanhi Chaan initiative was done in Lumax Industries Limited, Bawal and Lumax Mannoh Allied Technologies Limited, Manesar in January – March 2023.

EPISODE 2 - JAZBA EPISODE 3 - SAHYOG EPISODE 4 - BAAZIGAR Values, Anecdotes, Learnings & S tories. WATCH NOW WATCH NOW WATCH NOW