Refex Group Celebrates ‘Road Safety Week’

Chennai, January 13, 2023:

Refex Group launched a ‘Road Safety Drive’ stressing the need to follow
all traffic rules and drive safely. The three-day event kicked off on 11 th Jan. at the Nandanam Road
junction with Refex employees holding placards driving the road safety message as our nation is also
celebrating the National Road Safety Week 2023 from 11 th Jan to 17 th Jan. According to statistics, in
2022, there have been a total of 1,55,622 deaths due to road accidents as were registered in India
and close to 59.7 percent of such fatalities occurred due to over-speeding. Refex Group, as a
business group that truly cares, would like to stress that the value of every life on the road and the
responsibility to drive safely lies with everyone.

Health and Safety of our stakeholders is one of the significant aspects of Refex Group’s
Environment, Society and Governance (ESG) initiatives. The Group believes in value creation
through the triple bottom line (people, planet and profit) approach and strongly believes that
adopting impactful ESG practices is turning out and will continue to be a key differentiator for a
sustainable world. The commitment to be ESG compliant will play a key role in the success of our
business and our Company will take all necessary steps towards it. As a Group, we are also focusing
on bringing about awareness to the health & safety of the general public and are taking steps to give
back to our society as it is one of the key areas.

Commenting on the initiative, Anil Jain, Managing Director, Refex Group said, “The Group strives to
optimize our contribution to a sustainable future while meeting our business goals. Future-focused,
Refex has been steadily resolving to become an ESG-compliant and carbon-neutral company across
its businesses. We believe, going forward, two things will determine the success of the businesses –
continuous innovation to adapt to the shifting paradigm of value creation and our commitment to
be ESG champions. Giving back to society has been a major focus area for us and this is the reason
for the current ‘Road Safety Week’ initiative where we are trying to create awareness amongst the
general public and to sensitize them about the need to follow all safety rules for the safety and
security of the society at large.”

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