FINANCIAL SUMMARY OR HIGHLIGHTS/PERFORMANCE OF THE COMPANY: Financial Performance: The Company’s financial performance for the year under review along with previous year figures, is given hereunder: (Rupees in Millions) Particulars For the Year Ended 31st March 2023 For the Year Ended 31st March 2022 Sales & other Income 92,770.90 91,689.17 Total Expenses (including Finance Costs, Depreciation and amortisation) 91,130.05 89,275.34 Profit/(loss) before Taxation 1640.85 2413.83 Add/(Less): Provision for taxation - Current Tax 431.65 640.27 - Deferred Tax (21.52) (28.21) - Prior Period Tax - (5.05) Profit/(loss) after Tax 1,195.09 1,798.32 Highlights of the year: Conversion of Company from Private to Public The members of the Company at their Annual General Meeting (AGM) held on 29th July, 2022 had approved conversion of your Company from private limited company to public limited company and accordingly the name of the company was changed from Rashi Peripherals Private Limited to Rashi Peripherals Limited. The Registrar of Companies (ROC) had approved the application on 4th August 2022.

The particulars as required under the provisions of Section 134(3) (m) of the Companies Act, 2013 in respect of conservation of energy and technology absorption have not been furnished considering the nature of activities undertaken by the company during the year under review.

The particulars as required under the provisions of Section 134(3) (m) of the Companies Act, 2013 in respect of conservation of energy and technology absorption have not been furnished considering the nature of activities undertaken by the company during the year under review.

During the year under review, Foreign Exchange Inflow and Outflow are as follows: Particulars For the year ended 31st March 2023 For the year ended 31st March 2022 Foreign Exchange Inward Exports- Goods (F.O.B.) 56,19,66,669 30,24,32,229 Exports- Services 4,11,41,373 2,95,70,124 Foreign Exchange Outgo Import (CIF basis) 36,87,62,15,112 32,33,55,20,934 Traveling Expenses 60,21,887 22,99,541 Freight & other clearing charges 22,84,36,651 26,99,05,297

Pursuant to Section 134 of the Act, the Directors of the Company, based on representation from the management and after due enquiry, confirm that: in the preparation of the Annual Accounts for the year ended 31st March, 2023, the applicable accounting standards have been followed and there are no material departures from the same; they have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of state of affairs of the Company as at 31st March, 2023 and of the profit of the Company for the year ended on that day; they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; the Annual Accounts for the year ended 31st March, 2023 have been prepared on a “going concern” basis; the Company being an Unlisted Company is not required to make a statement on internal financial controls of the Company. However the Company have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively throughout the financial year ended March 31, 2023. they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively throughout the financial year ended March 31, 2023.