Va Tech Wabag Ltd Directors Report

TRANSFER TO RESERVES

The Board of Directors has decided to retain the balance of profits in the profit and loss account. Consequently, the Company has not transferred any amount to the Reserves for the financial year ended March 31,2026.

SHARE CAPITAL AND FINANCE

Equity Share Capital:

During the FY 2025-26, there were changes to the paid-up share capital of the Company pursuant to the exercise of stock options granted to the employees and the paid-up capital stands at INR 12,46,19,190/- (Indian Rupees Twelve Crores Forty-Six Lakhs Nineteen Thousand One Hundred and Ninety only) consisting of 6,23,09,595 (Six Crores Twenty-three Lakhs Nine Thousand Five Hundred and Ninety-Five) equity shares of face value of INR 2/- each.

Non-Convertible Debentures (NCDs):

During the FY 2023-24, the Company had allotted NCDs worth INR 1,000 Million consisting of 1,00,000 NCDs of face value of INR 10,000

each (Series 1) to Asian Development Bank (ADB) which is secured, unlisted, redeemable, transferable, rated and interest bearing. The proceeds raised through the issue of NCDs were utilised in accordance with the terms, conditions, and objects of the issuance and the Company has repaid approximately 39% of the principal amount as on the financial year ended March 31, 2026.

Banking arrangements:

Your Company continues to be robustly supported by a financial consortium comprising over fourteen (14) Banks and Financial Institutions for various banking and financing arrangements. Your Company has promptly met all its debt and payment obligations to its lenders.

CREDIT RATING

During the FY 2025-26, India Ratings & Research (a Fitch Group Company), credit rating agency of the Company, reaffirmed the credit ratings for the Companys borrowing arrangements i.e., NonConvertible Debentures as IND AA-/Stable and Bank Loan facilities as IND AA-/Stable/IND A1+.

The complete rating disclosure along with the rationale are available on the websites of the Company, credit rating agency and the Stock Exchanges.

UNPAID / UNCLAIMED DIVIDEND AND SHARES

The Members may kindly note that the dividends if not claimed for a period of seven (7) years and the related shares on which such dividends have not been claimed by the Members for a period of seven (7) consecutive years are liable to be transferred to the Investor Education and Protection Fund ("IEPF") within the prescribed time pursuant to the provisions of Section 124, 125 and other applicable provisions of the Act read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("IEPF Rules").

Your Company continues to send various communications and reminder letters through its Registrar to an Issue and Share Transfer Agent (RTA) from time to time to those specific Members whose dividends are unpaid / unclaimed and due for transfer to the IEPF. Your Company provides a dedicated facilitation and support system to enable its Members, to successfully claim their dividend entitlements and its corresponding shares prior to their transfer to the IEPF Authority in accordance with the IEPF Rules.

During the FY 2025-26, the Company has transferred a sum of INR 3,00,932/- being the unclaimed dividend for the FY 2017-18 pertaining to 878 Members, to the IEPF Authority in October 2025. Also, 5839 equity shares belonging to 161 Members, in respect of which dividends

had remained unpaid or unclaimed for seven (7) consecutive years, were also transferred to the IEPF Authority in November 2025.

With respect to the unclaimed dividends pertaining to the FY 2024-25, the Company regularly drives awareness among the Shareholders encouraging to claim their outstanding dividends in line with the guidelines issued by the IEPF authorities under its Saksham Niveshak national campaign.

WABAG CENTENARY STOCK OPTION SCHEME

Commemorating a century-long legacy that began humbly in 1924, the WABAG Group celebrated its centenary milestone with pride and gratitude. To mark over 100 years of delivering sustainable water solutions, the Board of Directors of your Company, as per the recommendation of the Nomination and Remuneration Committee (NRC) and with the approval of the Members had implemented a broad-based employee stock ownership program called the WABAG Centenary Stock Option Scheme 2023 ("Scheme" or "ESOS 2023") as a strategic initiative to reward the employees for their dedicated service. The said ESOS 2023 aims to reinforce employees commitment, acknowledge their dedication, and closely align their interests with the long-term success of the Company as it journeys beyond its Centenary year.

As WABAG actively executes diverse projects across its Group through a Global network bolstering its overall macro level growth trajectory, the Board of Directors of your Company, deemed it beneficial to extend the Schemes benefits to the employees not only within the Company but also across its Subsidiary(ies), Associates, and its Group companies. This inclusive framework was designed to attract and retain key talents across its Group.

The Scheme comprises mega Grant for accomplishing Centenary year by the Company as well as periodic Grants as may be determined by the NRC from time to time. The eligibility criteria for selecting the employees for the Grants would be formulated by the NRC, based on various parameters such as length of service, grade, individual performance ratings over past few years, present contribution, potential contribution, conduct, etc. as it may deem relevant. Further, your Company is aware that to safeguard shareholder value, any pricing discount offered under the Scheme is balanced by mandatory performance-linked vesting conditions based on achievement of mandatory key corporate performance conditions such as revenue, earnings before interest, tax, depreciation and amortization, free cash flow, order book position, etc.

Accordingly, the Members of your Company at the 15^th Extraordinary General Meeting (EGM) held on January 30, 2024 had approved the implementation of ESOS 2023 to create and grant, in one or more tranches, upto 25,00,000 (twenty-five lakhs) Stock Options exercisable into an equivalent number of fully paid-up equity shares of face value of INR 2/- (Indian Rupees Two only).

Subsequently the NRC of the Company at their meeting held on March 21, 2024 had considered and approved the initial grant of 15,00,000 (fifteen lakhs) Stock Options under the said Scheme to the eligible employees in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ("SBEB Regulations").

The following are the details pursuant to the Companies (Share Capital and Debentures) Rules, 2014 with regard to ESOS 2023 for the financial year ended March 31, 2026:

a. Options granted - 15,00,000 Stock Options

b. Options vested - 6,00,000 Stock Options

c. Options exercised - 1,19,167 Options

d. Total number of shares arising as a result of exercise of option - 1,19,167 Equity Shares

e. Options lapsed - 1,70,060 Stock Options

f. Exercise price - INR 513/- per option

g. Variation of terms of options -Nil

h. Money realized by exercise of options - INR 6,11,32,671/-

i. Total number of options in force - 25,00,000 Stock options

j. Employee wise details of options granted to:

i. Key Managerial Personnel (KMP) - All the KMPs were granted a total of 52,150 Stock Options (except the Executive Directors cum Promoters who shall not be eligible)

ii. Any other employee who receives a grant of options in any one year of option amounting to five percent or more of options granted during that year - Nil

iii. Identified employees who were granted option, during any one year, equal to or exceeding one percent of the issued capital (excluding outstanding warrants and conversions) of the Company at the time of grant - Nil

The Board of Directors of your Company confirms that no material change has been made to the Scheme as of the date of this report and that it remains in full compliance with the applicable provisions of the SBEB Regulations.

The Secretarial Auditors have also certified that the Scheme complies with the SBEB Regulations and that your Company has adhered to all the applicable provisions of the Companies Act, 2013.

DEPOSITORY SYSTEM

As of March 31, 2026, the total paid-up capital consisting of 6,23,09,595 equity shares of face value of INR 2/- each with 99.99% held in dematerialized mode connected with both the depositories viz. the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), managed through the RTA of the Company

As on the date of this report, only 111 equity shares (0.01%) are held in physical mode by three (3) Members. The Company continuously engages with these shareholders by sending communications to build awareness around the benefits of holding shares electronically and to achieve 100% dematerialised shareholding. The Members are also reminded that the Companys shares can only be traded in electronic mode.

REGISTRAR TO AN ISSUE AND SHARE TRANSFER AGENT (RTA)

Cameo Corporate Services Limited, Chennai, a leading Category I Registrar and Share Transfer Agent registered vide SEBI registration no: INR000003753, an ISO / IEC 27001:2013 certified Company is the RTA for the equity shares of the Company.

Integrated Registry Management Services Private Limited, Chennai registered vide SEBI registration no: INR000000544 is the RTA appointed for the Non-Convertible Debentures issued to the Asian Development Bank (ADB).

MANAGEMENT DISCUSSION AND ANALYSIS

The Management Discussion and Analysis report highlighting your Companys performance is enclosed as a separate section forming part of this Annual Report.

CORPORATE GOVERNANCE

At WABAG, Corporate Governance is fundamental to our business and core to its existence. Your Company is committed to the highest standards of Ethics and Governance. Your Company continues to implement several best Corporate Governance practices to enhance the long-term Shareholders value and respects Shareholders rights in all its strategic decisions. Your Company ensures complete transparency across its business cycle, emphasizing strong corporate ethics and the timely dissemination of information to all Stakeholders.

TheReportonCorporateGovernanceforthefinancial yearendedMarch 31, 2026 pursuant to Regulation 34 of the SEBI LODR, is presented as a separate section of this Annual Report. A certificate from the Practicing Company Secretary, validating the Companys compliance with all the prescribed Corporate Governance Standards, also forms part of this Annual Report. A Compliance Report covering the relevant SEBI Circulars, Notifications, and Regulations etc., issued by the Practicing Company Secretary is filed with the Stock Exchanges.

BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORTING

As one of the top 1000 listed entities by market capitalization, your Company has actively integrated the Business Responsibility and Sustainability framework as part of its operations embedding Environmental, Social and Governance (ESG) parameters into its business model since the FY 2022-23.

The Business Responsibility and Sustainability Report (BRSR), provides quantitative and standardized disclosures on ESG parameters enabling seamless comparison across the companies, sectors and timelines. This framework assists the investors in making well-informed investment decision regarding the listed entities. Accordingly, a separate BRSR is enclosed, forming part of this Annual Report.

CORPORATE POLICIES

The Board of Directors of your Company has established various statutory policies, codes as prescribed under the Act and the SEBI Regulations, from time to time. To ensure ongoing alignment with regulatory developments, your Board and its Committee regularly review and update these in accordance with the amendments to the Act and the SEBI Regulations.

The core policies adopted by your Company are detailed in the Corporate Governance Report section of this Annual Report.

BOARD OF DIRECTORS

WABAG functions under the overall strategic supervision and guidance of a professional Board consisting of six (6) Directors. The Board maintains a balanced composition with three (3) Independent Directors including a Woman Independent Director, one (1) Non - Executive Non - Independent Director and two (2) Executive Directors. During the FY 2025-26 and up to the date of this report, there has been no change in the composition of the Board of Directors.

EXECUTIVE DIRECTORS

Mr. Rajiv Mittal, Chairman and Managing Director and Mr. S. Varadarajan, Whole Time Director & Chief Growth Officer (CGO) serve as the Executive Directors and also the Promoters of the Company.

NON-EXECUTIVE DIRECTORS INDEPENDENT DIRECTORS

Mrs. Vijaya Sampath, Mr. Milin Mehta and Mr. Ranjit Singh are the Independent Directors of your Company for the year under review.

DECLARATION OF INDEPENDENCE BY THE INDEPENDENT DIRECTORS

The Independent Directors of your Company have confirmed that they continue to meet the "Independence criteria" laid down under the Section 149(6) of the Act and Regulation 16(1)(b) of SEBI LODR. Further, they continue to maintain their directorship within the maximum prescribed limits under the SEBI LODR. The Independent Directors have also submitted the necessary declarations and disclosures to the Company in this regard.

NON-EXECUTIVE NON-INDEPENDENT DIRECTOR

Mr. Amit Goela is the Non-Executive and Non-Independent Director of your Company

RETIREMENT OF DIRECTOR BY ROTATION

Mr. S. Varadarajan (DIN:02353065), Whole Time Director & Chief Growth Officer, retires by rotation at the ensuing 31^st Annual General Meeting (AGM) pursuant to the provisions of Section 152 of the Act read with the rules issued thereunder. Being eligible, Mr. S. Varadarajan offers himself for re-appointment and the Board of Directors recommends his re-appointment. A brief profile of Mr. S. Varadarajan is included in the notice convening the 31^st AGM of the Company

APPOINTMENT OF THE DIRECTORS

The Nomination, Evaluation & Remuneration Policy of your Company sets the criteria for a Directors qualifications, positive attributes and independence, pursuant to Section 134(3) (e) and 178(3) of the Act. Based on these guidelines, the Nomination and Remuneration Committee (NRC) oversees the selection and appointment process of Directors of your Company. In accordance with the provisions of the Act and SEBI LODR, the NRC based on the criteria formulated makes necessary recommendation to the Board for the appointment of the Directors of your Company.

In addition, based on the performance evaluation of the Board, the NRC periodically recommends to the re-appointment / continuation of the term of office of the Independent Directors and other Board members.

BOARDS OPINION ON INTEGRITY, EXPERTISE AND EXPERIENCE (INCLUDING THE PROFICIENCY) OF THE INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR

During the FY 2025-26 and till the date of this report, there were no new appointment of the Independent Directors to the Board. With respect to the proficiency of the Independent Directors, ascertained from the online proficiency self-assessment test conducted by the Indian Institute of Corporate Affairs (IICA), as prescribed under Section 150(1) of the Act, the Board of Directors has taken on record the necessary declarations submitted by the Independent Directors confirming compliance within the prescribed requirements.

KEY MANAGERIAL PERSONNEL (KMP)

The Key Managerial Personnel (KMP) of your Company appointed pursuant to the provisions of Section 203 of the Act, who holds office as on the financial year ended March 31,2026 are as follows:

a. Mr Rajiv Mittal, Chairman and Managing Director;

b. Mr S. Varadarajan, Whole time Director and Chief Growth Officer;

c. Mr. Skandaprasad Seetharaman, Chief Financial Officer;

d. Mr. Shailesh Kumar, CEO - India Cluster;

e. Mr. V Arulmozhi, CFO - India Cluster;

f. Mr. Anup Kumar Samal - Company Secretary and Compliance Officer.

In addition to above, as on the date of this report, the Board of Directors on the recommendations of the NRC, has approved the following appointments effective from May 21,2026:

i) Mr. Bhupesh Chowdary Nagineni - Key Managerial Personnel & Senior Management Personnel, in the capacity of the Deputy Managing Director of the Company; and

ii) Mr. Rohan Mittal - Key Managerial Personnel & Senior Management Personnel of the Company in the capacity of Head - Strategy & Business Growth - GCC.

BOARD DIVERSITY

Your Company recognizes Board diversity as a critical catalyst for its sustainable growth and long term success. We firmly believe that a diverse Board will ensure effective corporate governance, enhances responsible decision-making ability, accelerates sustainable business development and safeguards the Companys institutional reputation.

The Companys approach to Board diversity encompasses a broad spectrum of attributes, including diversity of thoughts, knowledge, skills, regional and industry experience, cultural and geographical background, perspective, gender, age, ethnicity and race. Framed in alignment with applicable statutory regulations and our specific business requirements of the Company, this framework is institutionalized and overseen by the Nomination and Remuneration Committee of the Board, from time to time.

ANNUAL EVALUATION OF BOARD AND PERFORMANCE OF ITS COMMITTEES AND INDIVIDUAL DIRECTORS

To ensure the highest standards of institutional governance, the Nomination and Remuneration Committee (NRC) and the Board of Directors of your Company follows a structured methodology for annual performance evaluation of the Board, Committees, Individual Directors and the Chairman, in accordance with the provisions of the Act and SEBI LODR.

During the year under review, the formal annual performance evaluation of the Board, its Committees, Individual Directors and also the Chairman

was successfully concluded. A digital assessment was carried out by the Directors by way of an organized questionnaire covering various aspects of the functions of the Boards adequacy culture, execution and delivery of performance of specific duties, obligations and compliance with Governance.

For the FY 2025-26, the Independent Directors and other Directors of your Company comprehensively reviewed the performances of the Board, its Committees, individual Directors and the Chairman at their meeting held on May 21, 2026. Further, the NRC of the Board carried out a separate evaluation of each Directors performance. The report on Corporate Governance covers the details of the Board evaluation process and other requisite information, forming part of this Annual Report.

FAMILIARISATION PROGRAMME

As part of the familiarisation programme, the Company conducts various programs, interactive sessions and seminars to keep the Directors updated with various aspects covering the industry and regulatory dynamics, business processes, procedures, as applicable for its business, presentations on the long-term business strategies, risks, opportunities, quarterly operational and financial performances of the Company etc.

At the time of induction, a formal letter of appointment was issued to the Directors outlining their roles, functions, duties and responsibilities and performance expectations of the Board. To ensure they possess a deeper understanding of the business, its operations, and industry dynamics, the Company provides the Directors with full access to all relevant information and corporate documents, alongside regular opportunities to interact with Key Managerial Personnel and Senior Management.

BOARD & COMMITTEES

The Board of Directors of your Company comprises the following members as of March 31,2026:

1. Mr. Rajiv Mittal, Chairman and Managing Director;

2. Mr. S. Varadarajan, Whole Time Director & Chief Growth Officer;

3. Mrs. Vijaya Sampath, Independent Director;

4. Mr. Milin Mehta, Independent Director;

5. Mr. Ranjit Singh, Independent Director;

6. Mr. Amit Goela, Non-Executive Non-Independent Director.

Your Company continuous to uphold the highest standards of the Corporate Governance practices and operates in strict compliance with the letter and spirit of all the relevant provisions of applicable laws and statutes.

As on March 31, 2026, the Board of Directors has constituted the following key Committees to ensure effective oversight and governance:

a) Audit Committee serves as a critical interface connecting the statutory auditors and the internal auditors, the Management and the Board of Directors. It assists the Board in fulfilling its responsibilities of monitoring financial reporting processes, reviewing the Companys established systems and processes for internal financial controls, monitoring risk governance alongside the Companys statutory and internal audit frameworks. The Board systematically reviews and acts upon all the recommendations made by the Audit Committee. Detailed composition of the Audit Committee is disclosed in the Report on Corporate Governance, which forms an integral part of this Annual Report.

b) Stakeholders Relationship Committee inter-alia, oversees and resolve grievances relating to the security holders of the Company.

c) Nomination and Remuneration Committee is constituted with a wider terms of reference as per the statutory requirements of the Companies Act, 2013, and SEBI (LODR) Regulations, 2015.

d) Risk Management and Monitoring Committee is constituted inter-alia to review and monitor the various projects of the Company and systematically evaluate operational and strategic business risks and ensure the deployment of appropriate robust risk-mitigation frameworks in a time bound manner

e) Corporate Social Responsibility Committee, inter-alia, identifying and undertaking strategic CSR activities, monitoring and reporting framework to oversee effective utilization of funds allocated for the CSR activities.

f) Capital Allocation Committee inter-alia, to scrutinize, evaluate and approve all new investment proposals and funding enhancement by the Company in establishing branches, subsidiaries, joint ventures, both in India and overseas. For detailed disclosures regarding the Companys Overseas Direct Investments (ODI), financial statements section of the Annual Report for investment made by Company may be referred.

g) Sustainability Committee inter-alia, provides strategic advise on implementation of Environment, Social and Governance (ESG) frameworks, monitoring ESG ratings, evaluating ESG led investment opportunities to drive long-term sustainable value, etc.

The Chairperson of respective Committees convenes the meetings of the Committees. To ensure robust oversight, the Board is regularly apprised of the key discussions and outcomes of these meetings, facilitating comprehensive review and necessary action, wherever required.

In compliance with the Secretarial Standards -1 issued by the Institute of Company Secretaries of India (ICSI), the draft minutes of the meetings

of the Committees and the Board are promptly circulated to all the Members of the Committees / Directors for their comments, if any. Upon incorporation of feedback, the approved minutes are formally certified and signed minutes are shared with the Board and respective Committees and are also duly tabled at their subsequent meeting of the Board and Committees.

To facilitate optimum attendance and engagement, the annual calendar of the Board and Committee meetings are approved by the Board before the commencement of every financial year to enable the Directors to align their schedule well in advance, ensuring robust participation in all the meetings.

During the FY 2025-26, the Board of Directors of your Company met five (5) times on May 21, 2025, August 12, 2025, November 07, 2025, February 04, 2026 and March 27, 2026. These meetings were conducted through a combination of physical and Video Conferencing / Other Audio Visual Means (OAVM). The comprehensive details regarding composition of the Board, attendance of the Directors and other relevant information are set out in the Report on Corporate Governance, which forms part of this Annual Report.

DIRECTORS RESPONSIBILITY STATEMENT

In accordance with Section 134(5) of the Act, the Board of Directors of your Company to the best of its knowledge and belief and relying on the information and explanations obtained, provides the following statements:

a) that in the preparation of the annual accounts of the Company, the applicable accounting standards have been followed along with proper explanation relating to material departures;

b) the Directors had 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 the state of affairs of the Company at the end of the financial year and of the profits of the Company for that period;

c) the Directors had taken proper and sufficient care towards 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 fraud and other irregularities;

d) the Directors had prepared the annual accounts on a going concern basis;

e) the Directors had laid down internal financial controls to be followed by the Company and such internal financial controls are adequate and were operating effectively; and

f) the Directors had devised proper systems to ensure compliance with the provisions of all applicable laws and such systems are adequate and operating effectively.

REMUNERATION OF THE DIRECTORS

The Board of Directors of your Company had adopted the Nomination, Evaluation & Remuneration policy based on various evaluation criteria determined by the NRC in line with the applicable regulatory standards. The policy focuses on two primary goals viz. (i) to regularly assess the effectiveness of the Board as a whole, the Committees of the Board and Individual Directors; and (ii) creating a framework to attract, motivate and retain the executive talents and other experts required to achieve our strategic and operational long-term objectives.

In compliance with the applicable provisions of the Act and SEBI LODR, the Board of Directors of your Company on the recommendation of the NRC had adopted following policies and frameworks as part of the Nomination, Evaluation & Remuneration Policy:

(A) Board Nomination Policy;

(B) Board Evaluation Policy;

(C) Board Diversity Policy;

(D) Remuneration Policy:

(i) Policy related to Remuneration for the Executive Directors, Key Managerial Personnel and Senior Management Personnel;

(ii) Policy related to Remuneration for the Non-Executive Directors / Independent Directors.

REMUNERATION OF THE EXECUTIVE DIRECTORS

The remuneration structure of the Executive Directors comprises both fixed and performance linked variable components which is based on mutually agreed KPI (Key Performance Index) and KRA (Key Results Area). The NRC conducts an annual appraisal of each Executive Directors performance. Based on the comprehensive evaluation, the NRC recommends the appropriate compensation to the Board for their approval, within the overall parameters approved by the Members.

REMUNERATION OF THE NON-EXECUTIVE DIRECTORS

The Non-Executive Directors receive remuneration in the form of commission, which remains within the statutory limits prescribed under the Act and duly approved by the Members. The Board may differentiate remuneration for different Directors based on their specific

role, responsibilities, duties, time commitments, etc. The Company has no other material financial or pecuniary relationship with any of the NonExecutive Directors except for the commissions paid.

REMUNERATION OF THE KMP / SENIOR MANAGEMENT / OTHER EMPLOYEES

The remuneration of the Key Managerial Personnel (excluding the Executive Directors) and any subsequent revisions thereof, are approved by the Board based on the recommendations of the NRC in accordance with the Nomination, Evaluation & Remuneration Policy as well as the internal guidelines of the Company.

The Chairman & Managing Director (CMD) and the Whole Time Director & Chief Growth Officer (CGO) conduct the overall annual performance evaluation of the senior management and other employees and apprise to the Nomination and Remuneration Committee and the Board of the outcomes. Based on the overall achievements of the agreed KPI and KRA, the employee remuneration and subsequent salary revisions are determined.

POLICY ON PRESERVATION & ARCHIVAL OF DOCUMENTS

PARTICULARS OF THE EMPLOYEES

Pursuant to Section 197(12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, as amended from time to time, the required disclosures regarding the remuneration of the Directors, the KMP and other employees, are enclosed as Annexure-I to this Boards Report.

The information prescribed under Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including amendments thereof), is disclosed in the Annexure forming part of this Report. In terms of the first proviso to Section 136(1) of the Companies Act, 2013, the Report and Accounts are being circulated to the Members excluding the aforesaid Annexure. Members desiring a copy of this statement may address their request to the Company Secretary at the Registered Office of the Company.

INDUSTRIAL RELATIONS

Your Company continues to maintain a healthy cordial and harmonious industrial relations across the levels with its Stakeholders. The shared enthusiasm and unstinted efforts of its workforce have anchored the Companys leadership position within the industry. The Company

remains committed in implementing progressive measures to optimize productivity and operational efficiency across the organization.

PREVENTION OF SEXUAL HARASSMENT AT WORKPLACE

Your Company has implemented a Policy on Prevention of Sexual Harassment in line with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules made thereunder ("POSH"). Your Company feels proud on maintaining an inclusive, non-discriminatory, and safe work environment where equal opportunities are provided to all the employees. The said POSH framework ensures that every employee can perform their duties in a secure, respectful, and supportive ecosystem.

Your Companys Internal Complaints Committee under POSH comprises six (6) Members, out of which four (4) are women members including one (1) external woman representative. All the employees viz. permanent, consultant, contractual, temporary and trainees are covered under the said policy

During the year, the Company had received one (1) complaint regarding sexual harassment which was resolved after due enquiry. There is no case pending for more than ninety (90) days. An Annual Report comprising details of the complaints received, disposed of and pending at the end of the calendar year i.e. December 31, 2025 was duly submitted to the authorities by the Internal Compliant Committee, in accordance with the Section 21 of POSH Act.

AUDITORS

A. Statutory Auditors

The Members of the Company at the 28^th AGM held on August 11, 2023 had approved the re-appointment of M/s Sharp & Tannan, Chartered Accountants, Chennai (Firm Regn. No. 003792S) as the Statutory Auditors of the Company to hold office for a term of five (5) years from the conclusion of the 28^th AGM until the conclusion of the 33^rd AGM of the Company to be convened during the calendar year 2028.

The Statutory Auditors of the Company have submitted Independent Auditors Reports for financial year ended March 31, 2026 forming part of this Annual Report. The Auditors Report on both the Standalone and Consolidated Financial Statements of the Company contains an unmodified opinion and does not feature any qualification, reservation or adverse remark.

B. Cost Auditor

Mr. K. Suryanarayanan, Practicing Cost Accountant (Membership No.24946) was appointed as the Cost Auditor of the Company, for conducting the audit of cost records for the FY 2025-26, in accordance with the provisions of Section 148(1) of the Act. The audit of cost records is in progress and report by the Cost Auditor

will be submitted to the authorities within the prescribed time. A resolution seeking ratification of the Cost Auditors remuneration for the FY 2025-26 will be presented to the Members of the Company at the AGM. The Company duly maintains all the required cost records in accordance with the Section 148(1) of the Act.

C. Secretarial Auditors

M/s. M. Damodaran & Associates LLP, Practicing Company Secretaries, Chennai were appointed as the Secretarial Auditors of the Company by the Members of the Company at the 30^th AGM held on August 12, 2025, for a consecutive term of five (5) years commencing from the FY 2025-26 till the FY 2029-30, based on recommendations of the Board of Directors, at such remuneration and out-of-pocket expenses, if any as mutually agreed and other terms and conditions as may be determined by the Board of Directors (including its Committees thereof), and to avail any other services, certificates, or reports as may be permissible under the applicable laws. The Secretarial Audit Report for the FY 2025-26 was placed before the Board and it does not contain any qualification, reservation or adverse remark. The Report of the Secretarial Auditors is enclosed as Annexure- II to the Boards Report.

D. Internal Auditors

M/s PKF Sridhar & Santhanam LLP, Chartered Accountants, Chennai, (Firm Regn. No - 003990S/ S200018) (external firm) and the Corporate Assurance Department of the Company (internal function) were appointed as the joint Internal Auditors of the Company to conduct the Internal Audits for the FY 202526. Your Company maintains a comprehensive Internal Audit function comprising both the Internal Audit functions aiming to provide an independent and objective assurance services with a view to add value and improve efficiency of business operations.

The Internal Auditors report directly to the Audit Committee delivering comprehensive presentations on audit findings across the business. The detailed observations are discussed at the Audit Committee meetings regularly on the Internal Audit Reports covering the business and operations as required by the Audit Committee, in line with the agreed internal audit plan for each financial year.

During the FY 2025-26, none of the Companys Auditors have reported any instance of frauds to the Audit Committee or to the Board of Directors under Section 143(12) of the Act, including rules made thereunder.

SUBSIDIARIES, JOINT VENTURES & ASSOCIATES

During the financial year ended March 31, 2026, the Board of Directors of your Company considered and approved following key decisions with respect to Subsidiaries, Joint Ventures and Associate entities:

GHAZIABAD BIOENERGY PRIVATE LIMITED, Subsidiary Company

WABAG had successfully received the Letter of Acceptance dated October 27, 2025 from GHAZIABAD NAGAR NIGAM for the purchase of Bio-Gas coming out from 70 MLD Sewerage Treatment Plant (STP) at Dundaheda, Uttar Pradesh for setting-up a Bio-Gas Upgradation Unit for Compressed Bio-Gas (CBG) production under Build- Operate-Transfer (BOT) Model on Public-Private Partnership (PPP) basis. Accordingly, GHAZIABAD BIOENERGY PRIVATE LIMITED, a new Subsidiary Company was incorporated with the Registrar of Companies, Chennai, India as a joint venture company (JVC) between WABAG and PEAK SUSTAINABILITY PARTNERS LLP ("PEAK") on February 16, 2026 to execute the said project. This Company has an initial paid-up capital of INR 1,00,000/- (Indian Rupees One Lakh) comprises of 10,000 (Ten Thousand) Equity Shares of INR 10/- (Indian Rupees Ten) each, held in the ratio of 51:49 by WABAG and PEAK respectively and the entity is yet to commence its business operations and the turnover is nil.

NORTH CHENNAI TRU WATER PRIVATE LIMITED, Wholly Owned Subsidiary Company

A Request for Proposal was floated by CHENNAI METROPOLITAN WATER SUPPLY AND SEWERAGE BOARD ("CMWSSB") to refurbish, finance, operate, maintain and transfer (RFOMT) of 45 MLD Tertiary Treatment Reverse Osmosis (TTRO) Plant at Kodungaiyur, Chennai, Tamil Nadu through public private partnership mode for a period of twenty (20) years. WABAG had successfully received the Letter of Award dated March 11, 2026, from CMWSSB. Accordingly, NORTH CHENNAI TRU WATER PRIVATE LIMITED, a Wholly Owned Subsidiary (WOS) Company was incorporated with the Registrar of Companies, Chennai, India on April 01, 2026 by WABAG to execute the said project. The WOS has an initial paid-up capital of INR 1,00,000/- (Indian Rupees One Lakh), comprises of 10,000 (Ten Thousand) Equity Shares of INR 10/- (Indian Rupees Ten) each) and the WOS is yet to commence its business operations.

Your Company has 19 Subsidiaries, Associates and Joint Venture entities worldwide as on date of this report. Pursuant to Section 129(3) of the Act and the rules made thereunder, a statement containing the salient features of the Financial Statement of your Companys subsidiaries in the prescribed format Form AOC-1 is enclosed as Annexure-III to the Boards Report. Please refer Key Project Updates section of the Boards Report for more details.

MATERIAL SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS

The Consolidated Financial Statements of the Company for the financial year ended March 31,2026 have been prepared in compliance with the applicable provisions of the Act, including Indian Accounting Standards (Ind AS) specified under Section 133 of the Act. These audited consolidated financial statements along with the Independent Auditors Report forms part of this Annual Report.

RELATED PARTY TRANSACTIONS

All the transactions with the Related Parties during the year were in the ordinary course of business and at arms length basis and in compliance with the provisions of the Act and the SEBI LODR. The Company did not enter into any materially significant Related Party Transactions with the Promoters, the Directors, the Key Managerial Personnel, Senior Management or other designated persons which may have a potential conflict with the interest of the Company and Shareholders. A detailed breakdown of these transactions is available in the notes to the Financial Statements.

The details required to be provided under Section 134(3) (h) of the Act, in the prescribed Form AOC-2 are enclosed as Annexure - V to the Boards report.

OVERSEAS DIRECT INVESTMENT

To drive its global expansion, your Company has consistently utilized Overseas Direct Investments (ODI) frameworks to establish international Subsidiaries, Associates, and Joint Venture entities. Global project delivery is supported by a network of foreign branches, project management offices and other Permanent Establishment (PE) structures.

During the financial year ended March 31, 2026, no new capital allocations were made in ODI entities and the total equity investment in Group entities stood at INR 654 Million, which comprises of equity investments of INR 605 Million and guarantees extended to group entities amounting to INR 49 Million.

Further, no new guarantees or loans were extended to the group entities during the year under review, reflecting the financial stability of your Companys overseas entities. Outstanding Corporate guarantees

executed for the group entities were successfully closed upon completion of projects as per the contractual obligations. Also, no new loans were granted to its ODI entities during the financial year, reflecting the financial stability of the overseas entities of your Company.

The Groups extensive international presence has further accelerated advanced Research & Development (R&D) initiatives across India and Europe. This collaborative ecosystem has generated over 125 Intellectual Property (IP) Rights which are leveraged across the Groups business operations to deliver best in class customised and innovative technological solutions to your Companys customers at competitive cost.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

The CSR Committee is responsible for formulating, implementing and monitoring the CSR policy of the Company. Pursuant to Section 135(4) of the Companies Act, 2013, the CSR policys core frameworks encompasses the Companys strategic CSR approach and guiding principles, core Ideology. It also governs the total outlay for each financial year, allocation of resources across identified thrust areas, formulation of annual action plan, selection of executing agency/ partners and its Impact Assessment.

Pursuant to the provisions of Section 135(6) of the Companies Act, 2013, there was no unspent amount for the FY 2025-26 pertaining to ongoing projects which has to be transferred to a separate bank account on or by April 30, 2026.

Further, during the year, your Company implemented the following CSR projects:

a) Apprenticeship Training Programme, a project implemented under the Industry Partnership Model under the Apprenticeship Act - classified as other than On-going Project.

The details of the aforesaid project regarding the implementation and outcome of this project are detailed in the annual report on CSR activities forming part of this Boards Report.

The CSR Committee of the Board continuously reviews the projects and provides strategic directions to expedite implementation of the projects undertaken. The Committee maintains a strong focus on skill development CSR initiatives specifically through structured training and development programs. These programs are designed to enrich

the knowledge, technical skill sets, communication abilities, practical on the job training facilities, improving overall efficiency, performance level and employability of both technical and non-technical beneficiaries viz., diploma holders, graduates and other eligible persons.

Core Ideology: At WABAG, responsible business practices are foundation to its business and operations. Your Company is dedicated to maintaining integrity across its processes and fostering meaningful relationships with its employees, customers and the community. For the Company, Corporate Social Responsibility extends far beyond mere regulatory compliances, it is an active commitment to creating sustainable social and environmental values. By aligning these initiatives with its business objectives, the Company optimizes operational efficiencies while simultaneously deepening trust with its key Stakeholders and Customers.

Your Companys commitment to CSR is demonstrated through the strategic allocation of resources across one or more of the following areas:

a) by taking up CSR projects largely within the framework of the Companys expertise, i.e. water, wastewater management and sanitation;

b) by focusing on CSR projects in the Companys project / office neighbourhoods;

c) imparting training by supporting apprenticeship under Industry Partnership model;

d) any other projects and / or contribution for any specific purpose notified CSR and / or recommended / approved by CSR Committee / Board of the Company from time to time.

The annual report on CSR activities undertaken by the Company is enclosed as Annexure - IV to the Boards Report.

CSR ACTIVITIES OF THE GROUP

DK SEWAGE PROJECT PRIVATE LIMITED, a group company implementing wastewater treatment projects at Digha & Kankarbagh for the Bihar Urban Infrastructure Development Corporation (BUIDCO) under the National Mission for Clean Ganga with financial assistance from World Bank, had actively supported local social welfare initiatives as its CSR activities around its projects locations during the FY 2025-26 by contributing INR 4.32 Lakhs, benefitting and uplifting the local community.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

The particulars of loans, guarantees and investments, as of March 31, 2026, are provided in the notes accompanying the financial statements of the Company in accordance with the provisions of Section 186 of the Act and Schedule V of the SEBI LODR.

INTERNAL CONTROL SYSTEMS, AUDIT AND ADEQUACY

Your Company has established a comprehensive internal control frameworks designed to systematically mitigate the operational, financial, and compliance risks. Within the controlled environment, structured policies, standard operating procedures and standards are benchmarks are enforced to maintain discipline across the organisation. The existing internal control systems are robust and commensurate with the current scale, complexity, and dynamic nature of the Companys business operations. These internal controls are strategically engineered to provide reasonable assurance regarding:

1. Achieving strategic business objectives;

2. Ensuring the efficiency and effectiveness of business operations;

3. Prevention and detection of frauds, leakage, and operational errors;

4. Safeguarding its assets and resources;

5. Complying with applicable statutory laws and regulatory frameworks; and

6. Providing reliable, accurate and timely financial information.

Your Company maintains a robust internal audit function, spearheaded by industry veterans and process experts. The Audit Committee of the Board periodically evaluates the audit functions ensuring that key findings are addressed with immediate corrective action. The key operational and financial issues are routinely assessed, with improvements integrated systematically to enhance data reliability. The Company leverages its global Enterprise Resource Planning (ERP) platform to continuously align the workflow, processes and controls mechanisms with the evolving industry practices.

INTERNAL CONTROL OVER FINANCIAL REPORTING

In line with the provisions of the Companies Act, 2013, the Company places significant emphasis on maintaining an adequate and robust Internal Financial Control (IFC) frameworks. The details of the system and its operational effectiveness are as under:

1. The internal financial controls commensurate with the size, scale and complexity of the Companys operations;

2. The Audit Committee of the Board periodically reviews the internal audit plans and provides observations and recommendations to the Internal Auditors and Statutory Auditors;

3. The controls were tested during the year with no reportable material weaknesses observed;

4. Your Company is continuously automating these controls to enhance its reliability and operational efficiency;

5. Your Company adopts and adheres to accounting policies that aligns with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015. These policies are in accordance with the Generally Accepted Accounting Principles (GAAP) in India;

6. Your Companys Books of Accounts are maintained in IFS (Industrial and Financial Systems), a global Enterprise Solution and transactions are executed through IFS setups to ensure data integrity, operational efficiency and complete reliability of the financial reporting;

7. Your Company utilises an integrated cross functional budgeting framework. The budgets are reviewed on a monthly basis to analyse the operational performance, enabling management to implement timely corrective actions, wherever required;

8. Overseas subsidiaries provide the necessary financial data for consolidation of accounts in the format prescribed by the Company, accompanied by the certification from the statutory auditors of the respective entities.

RISK MANAGEMENT

Your Board has constituted a dedicated "Risk Management and Monitoring Committee" to review risks trends, exposure, potential impact analysis and mitigation plans. The Committee comprises four (4) Directors out of which two (2) are Independent Directors and two (2) are Executive Directors. Comprehensive details regarding the Companys risk management framework, strategy, risk assessment, risk acceptance, risk avoidance, risk mitigation, risk review etc. forms part of Management Discussion and Analysis section of this Annual Report.

AWARDS & RECOGNITIONS

During the year under review, your Company was honoured with several prestigious awards and accolades from prominent industry bodies, reputed organizations and clients for its achievements in sustainable engineering solutions, project executions, etc. Please refer to dedicated section of this Annual Report for the details of the rewards and recognition achieved during the FY 2025-26.

SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS, COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANYS OPERATIONS IN FUTURE

No significant or material orders were passed by any regulators, courts or tribunals during the year under review that would impact the Companys going concern status and its future operations.

INSOLVENCY AND BANKRUPTCY CODE, 2016

No Corporate Insolvency Resolution Process has been initiated against the Company under the Insolvency and Bankruptcy Code, 2016 (IBC) during the year under review.

OTHER DISCLOSURES

(a) Deposits:

Your Company did not accept any public deposit within the meaning of Sections 73 and 74 of the Act, read with the Companies (Acceptance of Deposits) Rules, 2014 [including any statutory modification(s) or re-enactment(s) thereof for the time being in force], during the year under review.

(b) Contracts or Arrangements with the Related Parties:

The disclosures of contracts or arrangements entered into with the related parties under Section 188(1) of the Act, is enclosed in Form AOC-2 as Annexure - V to the Boards Report.

(c) One-time settlement

There was no instance of any one-time settlement with any bank(s) or financial institution(s) during the year under review.

(d) Annual Return

(e) Secretarial Standards

The Company has complied with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI).

(f) Conservation of Energy

The details on conservation of energy technology absorption and foreign exchange earnings and outgo as stipulated under Section 134 of the Act, read with the Companies (Accounts) Rules, 2014, are enclosed as Annexure - VI to this Boards Report.

(g) Differential Rights

Your Company has not issued any sweat equity shares or equity shares with differential rights regarding dividends, voting rights or otherwise, during the year under review.

(h) Nature of Business

During the year under review, there was no change in the nature of business of the Company or any of its subsidiaries.

(i) Maternity Benefits

The Company is in compliance with the applicable provisions relating to maternity benefits as prescribed under the Maternity Benefit Act, 1961 / the Code on Social Security, 2020.

QUALITY, HEALTH, SAFETY AND ENVIRONMENTAL PROTECTION (QHSE)

Your Company is committed to provide a safe, healthy and conducive environment for all of its employees and associates ensuring strict compliances with all the applicable labour laws. Comprehensive details on the Companys quality, health, safety, environmental initiatives, objectives and achievements made by the Company are detailed in the other sections of this Annual Report.

SUSTAINABILITY INITIATIVES

At WABAG, sustainability is embedded in the Companys purpose of creating a world of sustainable water solutions. The Companys business inherently contributes to environmental stewardship by delivering innovative solutions for water treatment, wastewater management, water reuse, desalination, and resource recovery, enabling communities and industries to address growing water and climate challenges. Guided by its commitment to responsible growth and sustainable development, WABAG integrates Environmental, Social and Governance (ESG) principles across its operations and value chain. Through its projects, technologies, and operational practices, the Company advances water security, resource efficiency, climate resilience, and ecosystem protection, creating long-term value for stakeholders while contributing to a better sustainable future.

Sustainability is the core principle driving your Companys business. Globally, your Company is actively engaged in developing and delivering eco-friendly, sustainable solutions engineered for the future. As demonstrated throughout this report, your Companys contribution and commitment to sustainability are deeply pro-nature and forms an integral component of our core business strategy.

As part of WABAGs supplier engagement and capacity-building efforts, your Company organized various ESG awareness and training programs for its supply chain partners, strengthening sustainability integration and promoting responsible business practices. A detailed account of the Companys sustainability performance, initiatives, and ESG disclosures are provided in the Business Responsibility and Sustainability Report (BRSR), which forms an integral part of this Annual Report.

WHISTLE BLOWER POLICY / VIGIL MECHANISM

Your Company has established a Whistle Blower Policy and Vigil Mechanism, providing a secure platform for its Directors, Employees, Business Associates and other Stakeholders to report genuine concerns about unethical practices, actual or suspected fraud, and violation of the Code of Conduct. This mechanism ensures complete protection against retaliation and operates through a dedicated, confidential e-mail channel.

GREEN INITIATIVES

WABAG stands for sustainability and has demonstrated its commitment to creating a green earth for over ten (10) decades. WABAGs vision is aligned to the United Nations Sustainable development goals (SDGs) 2030 and this has been reflected in the Groups numerous initiatives as highlighted below:

1. Green Initiatives begin at home: 100% of the total power requirement of our headquarters in Chennai is derived from hybrid (Solar and Wind) renewable energy, thereby bringing down energy cost by over 27% as well as becoming a part of green energy compliant corporate. As we have moved to Hybrid renewable energy from April 2025 and having received 100% renewable energy for FY 2025-26, WABAG House is formally qualified to become Net Zero in Energy and necessary documentation work is in progress to obtain CII-IGBC Certification in this regard. WABAG is already certified as Near Net Zero in Energy and the certification of Net Zero in Energy in the coming months will demonstrate again our continued commitment to sustainability.

It is in recognition of this initiative that our headquarters, WABAG HOUSE, has been Certified as Near Net Zero in energy by Indian Green Building Council (IGBC), in addition to being Re-Certified as Platinum rated Green building during September 2024.

1. WABAG House has won CII-SR Sustainability Award in two categories, namely Energy Efficiency & Renewal Energy and Net Zero in Water / Water Positive, recognizing strong sustainability performance and environmental stewardship, against stiff competition with over 80 Corporates / Industries.

2. WABAG House has received notable recognition from CII- IGBC for the Best Performing Green Building Excellence Award 2025 and Best Workplace Award for Health & Wellbeing, re-affirming our continued commitment to sustainability, workplace standards and best in class administrative practices.

3. WABAG House has been awarded with CII-IGBC Platinum Employee Health & Wellbeing Certification, by Chairman of CII-IGBC (Chennai Chapter) during August 2025.

4. WABAG received Platinum Certification and an Appreciation Award from AROGYA World for Healthy Workplace.

5. For FY 2025-26, the Company has recycled 4,111 Kgs of used / unwanted papers, thereby saved 71 well grown trees.

6. Consecutively for the third year, WABAG has been awarded with Most Preferred Workplace 2025 by Team Marksman, supported by India Today and Business Standard, at a function held at Mumbai on June 27, 2025.

Other initiatives taken are as follows:

• Paper Waste is being sent to ITC Limited for recycling and the proceeds obtained in the form of stationeries are distributed to local panchayat schools;

• Batteries, oil waste and e-waste are being disposed for recycling through Pollution Control Board (PCB), an authorized re-cycler;

• Employee friendly initiatives like ergonomics, indoor air quality and LUX level are maintained as per standards;

• Conservation of energy and water management resulted in low Energy and Water Performance Index;

• Food wastes are converted into natural manure by implementing in-house compost pit management system; being used for in-house plants;

• Reduced the use of plastics and paper cups. Introduced customized glass water bottles, glass & porcelain water and coffee mugs across Head Office (WABAG House) and Regional Offices;

• Renovated and recharged rain water harvesting systems percolation capacity at WABAG House and thereby achieved more than 2.7X times of water used in the building is returned to earth through rain water;

• E-Tender process for sourcing materials in the Companys procurement function as a step towards digitization;

• All internal memos / approval notes are automated through system instead of conventional memo / approval notes in the form of papers and attachments.

2. Digitisation: Moving forward on its commitment towards a Green Planet for future generations and in furtherance of digitization commitment to Go-Green initiative of the Government, your Company has been using digital mechanism to conduct Board / Committee Meeting(s) as per the provisions of the law and the agendas, notes and other supporting documents of the Board / Committee meetings are circulated through a secured electronic platform for ease of access to the Directors / Members for their review and consideration, thereby reducing usage of papers to a limited purpose.

WABAG took various initiatives to reduce the usage of physical Annual Reports by continuously persuading the Members to get registered their e-mail ids with their respective DPs to avail the e-version of Annual Reports and providing e-voting facility to all its Members to enable them to cast their votes electronically on all resolutions set forth in the Notice including attending the General Meetings (both Annual General Meeting and Extraordinary General Meeting) electronically.

3. Breathing life into lifelines: Clean water and rejuvenated rivers are key to enhancing the Green cover on Planet Earth. Your Company has been playing an integral role to ensuring this by collaborating with Governments worldwide. In India particularly your Company has emerged as one of the foremost partners of the Government in rejuvenating Indias lifeline, Holy River Ganga under the worlds largest river cleaning programme Namami Gange.

4. Advancing Circular Economy Principles

Your Company believes that sustainable growth is best achieved when resources are continuously conserved, recovered, and reused. Inspired by natures own circular systems, your Company has embedded resource recovery-based circular economy principles across its water and wastewater solutions, transforming conventional treatment infrastructure into engines of sustainability and value creation.

Moving beyond the traditional linear model of treatment and disposal, your Companys approach focuses on recovering every possible resource from wastewater streams. Through advanced treatment technologies, treated used water is converted into reliable alternate water sources under the concept of Manufactured Water, sludge is transformed into renewable energy and useful by-products, and plant operations are optimized for energy efficiency and long-term resilience.

Your Company also serves as a decarbonisation partner to its customers by enabling low-carbon, resource-efficient water systems that reduce freshwater dependency, lower emissions, improve energy performance, and support long-term climate resilience.

By combining engineering excellence with lifecycle accountability, your Company continues to position water infrastructure as a strategic enabler of circular growth.

Circular Economy in Action Through Flagship Projects

Your Companys project portfolio demonstrates how circular economy principles can be implemented at scale to solve real urban and industrial challenges. Across multiple geographies, your Companys facilities are helping cities restore water bodies, reduce pollution, recover energy, recycle water, and create long-term environmental value through reuse and recovery-led infrastructure.

The 150 MLD K&C Valley WWTP Bengaluru is a leading example of wastewater reuse creating regional water security. The plant generates over 5,450 crores litres of treated used water annually, supporting lakes and water-stressed regions such as Kolar and Chikkaballapura. In addition, sludge-derived energy meets nearly 67% of the plants total power requirement, demonstrating integrated water and energy recovery.

The Digha and Kankarbagh Wastewater Infrastructure Project, Patna, with a combined treatment capacity of 150 MLD, represents a major milestone under the Namami Gange Programme. The integrated system includes sewage treatment plants, sewerage networks, pumping stations, and long-term operations responsibility, helping improve sanitation coverage while significantly reducing pollution load entering the River Ganga.

Your Companys KMDA wastewater projects in Kolkata, developed under the Hybrid Annuity Model, further support river rejuvenation through modern sewage treatment infrastructure designed to improve water quality, protect ecosystems, and benefit millions of residents across the metropolitan region.

The Pappankalan WWTP New Delhi continues to remain an important benchmark in resource recovery-led wastewater management through treated water discharge, green energy generation, and beneficial sludge reuse.

Your Companys NMDC Central Zero Liquid Discharge (CZLD) Project is another significant example of industrial circularity. By treating and recovering water from industrial effluent streams for reuse, the project supports responsible industrial growth while minimizing freshwater intake and wastewater discharge.

Expanding Circularity into Clean Energy

Your Company views Bio-CBG as the next frontier in circular economy-led infrastructure, where organic waste streams from wastewater treatment are transformed into clean, compressed renewable fuel. Produced by upgrading biogas generated during sewage sludge digestion, Bio-CBG serves as a clean and green transportation fuel, offering a sustainable replacement to conventional fossil fuels while reducing methane emissions and unlocking additional value from wastewater assets.

During the year, your Company marked an important milestone by entering the Bio-CBG segment through its first Bio-CNG project in partnership with Peak Sustainability Ventures. The project will convert biogas generated from the 70 MLD Dundaheda Sewage Treatment Plant (STP) in Ghaziabad into high-quality renewable fuel, creating an additional revenue stream for the municipal corporation, improving air quality, and demonstrating a scalable model that connects water, waste and clean mobility solutions.

Manufactured Water: Creating New Water Sources

Driven by the belief that water is too precious to be used only once, your Company continues to advance the concept of Manufactured Water by converting treated wastewater into dependable alternate water sources for industrial and municipal use.

The Koyambedu TTRO Plant, Chennai, one of Indias most advanced tertiary treatment and reuse facilities, converts municipal wastewater into high-quality industrial water, helping conserve significant volumes of freshwater annually. The project has received global recognition as a benchmark in urban water reuse.

The 40 MLD Ghaziabad TTRO Plant further strengthens this leadership by recycling municipal wastewater into high-quality industrial-grade water for the Sahibabad industrial region, reducing freshwater dependency while supporting uninterrupted economic activity.

Both the Koyambedu TTRO Plant and the Ghaziabad TTRO Plant have received international recognition at the Global Water Awards for excellence in water reuse, reinforcing your Companys leadership in manufactured water solutions.

Sustainability Performance and Recognitions

Your Companys commitment to measurable sustainability outcomes continues to receive independent recognition. In its latest CDP assessment, your Company achieved a rating of A- in Water Security and B in Climate Change, reflecting strong governance, transparent disclosures, and environmental performance.

During FY 2025-26, your Company was honoured with several prestigious recognitions, including:

• Best WWTP (Digha & Kankarbagh Project), Complete Water Solution Provider - Industrial, and Net Zero Initiative of the Year at the Water Digest World Water Awards 2025-26;

• Innovation in Sludge Treatment & Resource Recovery at the Global Sustainability & Innovation Awards 2026;

• Recognised as a Champion of Circular Revolution at the ET Edge Global Sustainability Alliance - Transformation Series;

• International recognition at the Global Water Awards for the Ghaziabad TTRO project, which was recognised as Water Reuse Project of the Year.

Looking Ahead

As cities and industries increasingly seek sustainable water and climate solutions, your Company remains committed to scaling circular economy practices that create new water sources, recover valuable resources, reduce emissions, and strengthen environmental resilience. By integrating water, energy, and sustainability, your Company continues to build infrastructure that powers economies while preserving resources for future generations.

KEY PROJECT UPDATES INDIA CLUSTER

CHENNAI METROPOLITAN WATER SUPPLY AND SEWERAGE BOARD, INDIA - SWRO DESALINATION PLANT-PERUR

Your Company, along with METITO Overseas Limited, is executing a landmark 400 MLD desalination project worth INR 4,400 Crores for CMWSSB at Perur, Chennai (the largest order in the Companys history) and, upon completion, this will be the largest desalination plant in Southeast Asia region.

The 400 MLD SWRO desalination plant at Perur, funded by Japan International Cooperation Agency (JICA), will significantly strengthen Chennais water security, taking the citys total desalination capacity to around 750 MLD. Under the 42-month DBO contract, followed by 20 years of O&M, your Company will play a pivotal role in managing the supply of nearly 70% of Chennais desalinated water, reinforcing its leadership in the sector.

The said project has achieved significant progress across all key execution fronts, reaching 95% Engineering completion, 99.6% Procurement (Ordering) completion, 94% Marine Works completion, and 75.24% Civil Works completion. These achievements reflect strong project execution, effective planning, and sustained momentum toward successful project delivery within the committed schedule.

Procurement activities are progressing as planned, with all major supply packages successfully ordered and the majority of materials already delivered to site. Notably, all foreign supplies have been completed ahead of the project schedule. Critical equipment and materials, including Energy Recovery Devices (ERDs), Reverse Osmosis (RO) Membranes, RO Pressure Vessels (ROPVs), GRP Pipes, Transformers, HT Panels, Cables, and SDSS Pipes, have been delivered. The balance materials are under fabrication and manufacturing, in line with the project execution plan.

A major project milestone was achieved during the period May 2025 to May 2026 with the successful completion of key offshore marine activities, which includes:

• Intake Pipeline Launching - 1,200 m x 2 Nos.

• Outfall Pipeline Launching - 750 m

• Caisson Launching - 4 Nos.

This represents a landmark achievement for WABAG, marking the successful execution of marine works of this scale and complexity for the first time. The accomplishment demonstrates the Companys expanding technical capabilities and the teams commitment to delivering challenging projects with excellence.

Construction activities have gained significant momentum, with multiple work fronts progressing simultaneously and at an accelerated pace. Hydrostatic testing has been successfully completed for major structures, including Intake Structure, Product Water Tank, Permeate Tank, Clear Water Reservoir, Gravity Thickener, Sludge Balancing Tank, Neutralization Pit.

Mechanical installation activities are now in full swing. Major equipment erection has been completed, including Intake VT Pumps with Motor, Sludge Thickener, RO Skids. Erection Works are currently progressing for RO High pressure pump, ERD Booster Pump, Travelling Band Screen, RO Pressure Vessels, GRP Pipes, SDSS Pipes, Lamella Clarifier.

Overall, the project continues to progress strongly across procurement, marine, civil, and mechanical work fronts, maintaining alignment with key project milestones and delivery objectives.

DHAKA WATER & SEWERAGE AUTHORITY, PAGLA - 200 MLD STP

This prestigious assignment is being executed by your Company for the Dhaka Water Supply and Sewerage Authority (DWASA) and involves the treatment of 200 MLD capacity at Pagla Wastewater Treatment Plant. This landmark project [jointly funded by the World Bank, the Asian Infrastructure Investment Bank (AIIB), and the Government of Bangladesh - reinforcing its strategic importance and global credibility] is Bangladeshs first sludge-to-energy wastewater facility, with 40 months of execution period, followed by 5 years of comprehensive O&M.

The facility integrates activated sludge treatment, space-efficient lamella clarifiers, advanced odour control, and bio-gas-based captive power generation covering up to 40% of its energy demand.

Aligned with World Banks ESG standards, this project underscores your Companys strategic focus on global expansion, wastewater treatment, and multilateral-funded sustainable infrastructure.

Significant milestones have been achieved on the construction of Aeration Tank & Secondary sedimentation tank works. The project has recorded significant accomplishments with 56% of ordering.

RENEWSYS

The rapid expansion of Indias renewable energy infrastructure has driven a critical shift toward domestic manufacturing. Historically dependent on imported solar components, India launched the Production Linked Incentive (PLI) scheme to establish self-reliant, gigawatt-scale manufacturing ecosystems.

As Indias first integrated manufacturer of solar PV modules and key components (backsheets, EVA encapsulants, and solar cells), RenewSys India Pvt. Ltd. (part of the global Enpee Group) initiated a major expansion at its hub in FabCity, Maheshwaram, Hyderabad. The Company set out to build an advanced 2 GW Solar PV Cell Manufacturing Facility to produce next-generation high-efficiency solar cells.

Solar cell fabrication is an intensely water-reliant process. Manufacturing high-efficiency silicon wafers requires massive volumes of Ultrapure Water (UPW) for various solar cell manufacturing processes. Even minute impurities or dissolved ions in the process

water can adversely affect semiconductor performance and reduce cell efficiency. Concurrently, the manufacturing process generates hazardous chemical effluents containing acids, fluorides, heavy metals, and suspended solids.

As the facility is located in a water-stressed region of Telangana, securing a reliable freshwater supply while responsibly managing hazardous liquid discharge presented a critical operational and environmental challenge. To address this dual challenge, RenewSys required an integrated, closed-loop water infrastructure capable of generating electronic-grade ultrapure water and treating wastewater to achieve Zero Liquid Discharge (ZLD) compliance.

In August 2025, RenewSys awarded a turnkey Engineering, Procurement and Construction (EPC) contract to WABAG, a global leader in water technology.

The project represents a milestone integration of high-tech solar manufacturing and sustainable, circular-economy water management. By recycling 90% to 94% of its process wastewater through advanced Mechanical Vapour Recompression (MVR) technology, the facility secures its water supply, minimizes stress on Hyderabads local water resources, and eliminates environmental discharge.

The project has achieved significant progress across all key execution fronts as under:

• Basic engineering - 100% completed;

• Detailed Engineering - 100% completed;

• Ordering 100% Completed;

• Manufacturing & Supply of items - 77% completed against the schedule of 73%;

• Erection of mechanical equipment and tanks started at site;

• Commissioning expected to be completed by November 2026.

GAIL (India) Limited - PATA, Uttar Pradesh

Your Company was awarded a prestigious contract by GAIL (India) Limited for advanced water treatment infrastructure at its Pata petrochemical complex in Uttar Pradesh, for a 450 m³ / hr UF-RO Effluent Recycle Plant, a ZLD facility with evaporator technology, a new WWTP, and upgrades to existing treatment systems - maximizing water recovery and minimizing environmental impact. The project will be completed within 24 months, followed by a 6-month O&M period, with PDIL serving as the Engineer-in-Charge. Once operational, the treated water will be reused as Cooling Tower Make-Up water, significantly reducing GAILs reliance on freshwater resources and reinforcing its commitment to sustainable industrial operations.

The project has achieved almost 50% cumulative progress against the overall scope. Engineering activities have reached close to 95% completion, including the submission and approval of detailed engineering documents. Material ordering activities have achieved 99% completion, with procurement of the remaining critical items in progress. Manufacturing & Supply has progressed to close to 50% completion, reflecting steady advancement in fabrication and supply activities. Construction & Commissioning activities have achieved about 23% completion, with ongoing focus on key work fronts across the NWWTP, RO-ZLD, and SWGP facilities to sustain progress and support upcoming project milestones.

BWSSB - Bommanahalli

The BWSSB WBS-III Project is being executed by your Company under Karnataka Water Security and Disaster Resilience Program (KWSDRR), funded by the World Bank and implemented by the Bangalore Water Supply and Sewerage Board (BWSSB). This marks a repeat order from BWSSB, which further strengthens WABAGs reputation as a trusted Life Cycle Partner. The project involves the design, engineering, construction, testing, commissioning, and operation & maintenance for a period of ten years of wastewater treatment and sewerage infrastructure for 110 villages in the Bommanahalli Zone of Bengaluru.

The scope of work includes the construction of four Wastewater Treatment Plants (WWTPs) with capacities of 5 MLD at Iblur, 10 MLD at U.M. Kaval, 15 MLD at Hulimavu, and 35 MLD at Anjanapura, along with Intermediate Sewage Pumping Stations (ISPS) at Vakil Garden and Gottigere. The treatment facilities are based on advanced Sequential Batch Reactor (SBR) technology and include tertiary treatment units, biogas generation systems, solar sludge drying beds, sludge dewatering facilities, and SCADA-based automation systems. In addition, the project includes the construction of approximately 77 km of underground sewer network comprising DWC, RCC, and DI pipelines, machine holes, lifting pumping stations, and associated restoration works.

Chennai Petroleum Corporation Limited (CPCL) - Chennai

WABAG has been awarded a contract by Chennai Petroleum Corporation Limited (CPCL) for a strategic water infrastructure project in Tamil Nadu.

The scope of work includes engineering, supply, fabrication, installation, and commissioning of desalinated water pipelines connecting CPCLs Manali Refinery to its desalination plant in Kattupalli. The project is slated for completion within 12 months.

The projects inherent complexities—such as pipeline laying through marshy terrain, across canals, and railway crossings—underscore CPCLs continued trust in WABAG as the ideal partner to deliver this challenging project.

This initiative will play a vital role in meeting CPCLs industrial water requirements. The award also reaffirms WABAGs long-standing partnership with CPCL, who once again entrusted WABAG with the delivery of a mission-critical infrastructure project.

This project involves complex execution across marshlands, canals, and railway crossings, reaffirming CPCLs confidence in WABAGs capability to deliver critical water infrastructure.

The project will strengthen CPCLs industrial water security and further reinforce your Companys trusted partnership with CPCL. Procurement activities are completed as per schedule. The construction activities are in full swing and is expected to be commissioned by November 2026.

City and Industrial Development Corporation (CIDCO)

Your Company has made a strong return to the Design-Build-Operate (DBO) space in Maharashtra by securing a 270 MLD Water Treatment Plant (WTP) project from the CIDCO. The project involves the design, construction, and long-term operation of a water treatment facility at Jite, Raigad, aimed at addressing the increasing water demand of Navi Mumbai. The plant will source water from the Hetwane Dam, which, after treatment, will be pumped to the existing Master Balancing Reservoir (MBR) at Vihal for distribution throughout the city. WABAG will be responsible for the end-to-end execution of the project, including design, engineering, procurement, construction, installation, commissioning, and a 15-year operation and maintenance (O&M) period. The construction phase is scheduled for completion within 42 months from commencement. This project underscores your Companys continued commitment to delivering sustainable water infrastructure and reaffirms its expertise in executing large-scale urban water supply solutions.

The project has achieved 78% overall completion, reflecting steady progress across engineering, procurement, and construction activities. A total of 10,970 cum of RCC has been completed against the planned 16,500 cum, marking substantial advancement in civil works. Procurement activities are nearing closure, with 99% of material supply completed and the balance items being expedited to support ongoing site execution. Construction activities continue to progress in line with the project schedule, with the team focused on completing the remaining civil, mechanical, and commissioning-related works to achieve the targeted Mechanical Completion by January 2027.

IOCL Projects:

IOCL Panipat - DM/CPU Plant & ETP

Your Company was awarded the EPCC Package for DM, CPU, and ETP facilities along with associated utilities for the Poly Butadiene Rubber (PBR) Plant Project at IOCL Panipat Refinery and Petrochemical Complex, Panipat, Haryana, India. The project scope encompasses the Engineering, Procurement, Construction, and Commissioning (EPCC) of the DM Plant, CPU, and ETP facilities. Technip Energies has been appointed as the Consultant for the project.

The project includes the establishment of a 180 m³/hr Demineralized (DM) Water Plant, 75 mE/hr Condensate Polishing Unit (CPU), and 15 m3/hr Effluent Treatment Plant (ETP). The EPC phase is scheduled for completion within 12 months, followed by a one-month period for commissioning and Performance Guarantee Test Run (PGTR).

Key highlights of the project include the completion of approximately 90% of the 3D model review, reflecting substantial progress in the engineering phase. The civil works and piping fabrication activities are currently in progress. Equipment erection activities, along with Electrical and Instrumentation (E&I) works, are scheduled to commence from June 2026 onwards.

IOCL Panipat - DM plant 2 Chain

Your Company was awarded the repeat order of EPC Package for DM Plant - 2 Chains (1 Working + 1 Standby), Degasser, RO Feed Tank & MB

Vessel at the ROTTP Area, and Conversion of DMF Tank at the NDMP Area, Panipat Refinery on a Lump Sum Turnkey (LSTK) basis. The scope of work includes the Engineering, Procurement, Construction, and Commissioning (EPCC) of the DM Plant facilities. Development Consultant Private Limited (DCPL) has been appointed as the Project Consultant for this assignment.

The project involves the establishment of two chains of 160 m³/hr Demineralized (DM) Water Plants (1 Working + 1 Standby). The first DM plant is scheduled for completion within 10 months, while the second plant is targeted for completion within 12 months. This will be followed by a two-month commissioning period in automatic mode for both plants.

Key highlights include the completion of basic engineering for the project. Approximately 30% of the 3D model has been completed, and the model review meeting with the client is currently being scheduled. Purchase Order (PO) placement and Bank Guarantee (BG) opening for critical tagged items are in progress. The topographical survey and soil investigation activities have been successfully completed. Approximately 60% of the dismantling activities have been completed to date. The resources for civil works are being mobilized.

Reliance Industries Limited (RIL) Packages

WABAG has secured significant repeat orders from RIL for the supply of advanced Water Treatment Systems at its Dahej and Nagothane facilities. This includes two DM - CPU plants of capacities 3 X 300 m3/hr - 2 x 150 m3/hr each, one ETP of capacity 520 m3/hr, one TTP of capacity 925 m3/hr and augmentation of one existing ETP. This win marks yet another milestone in WABAGs long-standing relationship with RIL, a key client for nearly three decades. The repeat order further strengthens your Companys reputation as a trusted and preferred partner for water and wastewater solutions in the Oil, Gas, and Petrochemical sector.

The DMD DM CPU project has achieved an overall progress of 80%, with the project team receiving appreciation from RIL for achieving safe man-hour milestones. Mechanical completion of the project is targeted by August 2026. The NMD DM-CPU project has achieved 70% overall completion, with significant progress across construction activities. Pipe rack erection has been fully completed, and major civil works have been substantially finished, except for a few pending equipment foundations. The project team continues to focus on the remaining construction and installation activities to achieve the targeted mechanical completion by October 2026.

For the DMD ETP project, 90% of the 3D modelling has been completed and tag closure activities are in progress. Procurement is progressing well, with all imported items delivered to site and around 50% of indigenous items already delivered, while the balance remains in advanced stages of manufacturing. Supply completion is targeted by September 2026, with mechanical completion planned by November 2026. Procurement is progressing well for NMD-ETP project, with all imported items delivered to site and around 50% of indigenous items already delivered, while the balance remains in advanced stages of manufacturing.

Engineering activities for the SSF projects have been completed, and supply completion is expected by July 2026.

Projects under the Public-Private Partnership (PPP) Model

A. BIHAR URBAN INFRASTRUCTURE DEVELOPMENT CORPORATION (HAM) - STP & NETWORK

Your Company, a leading pure-play Indian multinational in water technology, is currently executing the largest project awarded under the Namami Gange Programme. Awarded by the Bihar Urban Infrastructure Development Corporation (BUIDCO) under the National Mission for Clean Ganga (NMCG), the project is being implemented in the Digha and Kankarbagh zones of Patna, one of the most densely populated cities situated along the banks of the River Ganga. This prestigious project involves the construction of Sewage Treatment Plants (STPs) with a total capacity of 150 million litres per day (MLD), along with a comprehensive sewerage network spanning over 453 kilometers. It is a combination of Design, Build and Operate (DBO) and Hybrid Annuity Model (HAM) execution. Notably, this marks the first water infrastructure project in the state of Bihar to be implemented under the HAM model, where 40% of the EPC cost will be provided as a grant during construction, and the remaining 60% will be paid as annuity over 15 years, along with operational costs. At the heart of the project is the development of two major STPs: a 100 MLD plant in Digha, accompanied by interception and diversion works, two sewage pumping stations, a redesigned 300-kilometer sewerage network; and a 50 MLD plant in Kankarbagh, which includes flow diversion works and a newly designed 150-kilometer network.

The STPs are designed with a resource recovery model, incorporating green energy generation from biogas, which helps to minimize operational costs and reduce environmental impact. Additionally, these plants are being constructed with a focus on compact design and high efficiency, ensuring a minimal footprint while maximizing performance. WABAG is making commendable progress on this project, advancing steadily on all fronts and reinforcing its role as a trusted partner in Indias mission to rejuvenate the River Ganga and improve urban sanitation through sustainable, future-ready water solutions.

This project was crowned "Wastewater Project of the Year" at the Global Water Summit 2026, highlighting your Companys global benchmark in sustainable urban wastewater management. Your Company has successfully begun the O&M phase for both the STPs early in Q4 of Financial Year 2025-2026.

B. GHAZIABAD NAGAR NIGAM (HAM) - TTRO

WABAG, through its wholly owned subsidiary Ghaziabad Water Solutions Private Limited (SPV entity), has signed a concession agreement with Ghaziabad Nagar Nigam (GNN) in Uttar Pradesh for the development of a 40 MLD Tertiary Treatment Plant (TTP). The project, awarded under the Hybrid Annuity Model (HAM) as part of a Design-Build-Operate (DBO) contract. Under this agreement, WABAG was responsible for constructing the plant over a period of two years and will operate and maintain the new facility—along with the existing upstream 56 MLD Sewage Treatment Plant (STP)—for a duration of 15 years post-commissioning. This milestone project was notable not only for its scale but also for its innovative financing

model, as the construction phase is co-funded by one of IndiaS first municipal Green Bonds issued specifically for a water treatment initiative. The Ghaziabad TTP treats effluent from the existing STP to produce high-quality, industrial-grade recycled water, which will be supplied to industries in the Sahibabad Industrial Estate. This landmark project further cemented WABAGs leadership in water reuse and recycling technologies in India. The use of green bond funding, a first for any water treatment project in the country, underlines the projects alignment with environmental sustainability and ESG priorities. Adding to its credibility, Ghaziabad Nagar Nigam is a debt-free entity and has consistently maintained a revenue surplus in recent years, according to India Ratings—enhancing the projects financial robustness and longterm viability.

The project was internationally recognized when it received the Best Municipal Treated Water Reuse Award at the Water Digest World Water Awards 2024-25. Additionally an international delegation from West Suffolk College, UK, visited the TTP as part of a study tour on smart and sustainable cities. The completion certificate was obtained from the client in December 2025.

MEA CLUSTER

KEY PROJECT UPDATES & ACHIEVEMENTS

Yanbu 300 MLD SWRO, Saudi Arabia

• Client: Saudi Water Authority (SWA)

• Project Capacity: 300 Million Litres per Day (MLD)

• Strategic Significance:

WABAGs journey to securing the Yanbu mega-desalination project stands as a powerful testament to its perseverance and core values. Notably, WABAG emerged as the L1 bidder in all three calls of the tender, consistently demonstrating technical superiority and commercial competitiveness. Despite the project being re-tendered multiple times, our unwavering focus, resilience, and commitment to excellence ensured that we remained at the forefront ultimately converting this persistence into success.

This landmark achievement reflects the strength of WABAGs cultural pillars- Resilience, Customer Centricity, Innovation, and Execution Excellence, which continue to define our approach in navigating complex and competitive opportunities. Winning one of our largest EPC orders in the Kingdom reinforces our capability to compete and succeed in the "MegaProject" category, while further strengthening our reputation as a trusted infrastructure partner for the Saudi Water Authority (SWA).

Aligned with Saudi Vision 2030, the Yanbu project will significantly contribute to enhancing water security through sustainable, large-scale desalination infrastructure. For WABAG, this success is more than a commercial milestone—it is a reflection of our consistency determination, and ability to deliver value at scale, even in the face of repeated challenges.

Al Jouf 50 MLD BWRO, Saudi Arabia

• Client: Saudi Water Authority (SWA)

• Project Capacity: 50 Million Litres per Day (MLD)

• Strategic Significance:

WABAG secured a Letter of Award from the Saudi Water Authority (SWA) for a Large repeat order, reaffirming its strong partnership and continued ¹ trust in the Kingdom of Saudi Arabia. The scope encompasses Engineering, ¹ Procurement and Construction (EPC) of a technologically advanced 50 ¦ MLD Brackish Water Reverse Osmosis (BWRO) plant at Al Jouf.

This state-of-the-art facility is designed to treat raw water sourced from bore well fields containing rare and complex elements presenting a challenging water chemistry that demands advanced treatment solutions. To address this, the plant integrates a robust pre-treatment system based on ceramic membrane filtration technology, followed by micron cartridge filtration and reverse osmosis.

By deploying next-generation treatment technologies for "complex water" applications, WABAG continues to expand its differentiated capabilities in high-end desalination and water reuse solutions, particularly in regions where groundwater quality necessitates specialized treatment. This repeat order not only underscores WABAGs technological leadership in BWRO, SWRO, and advanced water solutions, but also reflects its consistent ability ¹ to deliver high-performance infrastructure aligned with the Kingdoms vision for sustainable and resilient water security

AMAS STP, Bahrain

• Client: Ministry of Works (MOW)

• Project Capacity: 40 Million Litres per Day (MLD)

• Strategic Significance:

WABAG secured a repeat order for 5-year Operation and Maintenance (O&M) from the Ministry of Works, Municipalities Affairs and Urban Planning in the Kingdom of Bahrain. The contract covers the Madinat i Salman Sewage Treatment Plant (STP) and its associated long sea outfall, reinforcing WABAGs strong presence in long-term asset management in the region.

Originally awarded the EPC scope of the 40 MLD STP and outfall in 2015, WABAG successfully delivered and commissioned the facility

in October 2018, and has since been entrusted with its continuous operation and maintenance. The award of this long-term O&M contract stands as a testament to WABAGs consistent execution excellence, operational reliability, and the enduring confidence placed in its capabilities.