#1PI Industries Ltd. Investor Presentation May, 2022 Pi Inspired by Science 1#2AGENDA CDR India Siddharth Rangnekar [email protected] Nishid Solanki [email protected] Tel: +91 22 6645 1221/1209 Fax: +9122 6645 1213 PI Industries Limited Rajnish Sarna [email protected] Manikantan Viswanathan [email protected] Tel: +91 124 6790000 Fax: +91 124 4081247 • Financial Performance • Global Agchem Exports (CSM) Domestic Agri Brands • CSR Update Pi Inspired by Science Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements," including those relating to general business plans and strategy of PI Industries Limited ("PIIL"), its future outlook and growth prospects, and future developments in its businesses and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to a number of factors, including future changes or developments in PIIL's business, its competitive environment, its ability to implement its strategies and initiatives and respond to technological changes and political, economic, regulatory and social conditions in India. This presentation does not constitute a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell, any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of PIIL's shares. Neither this presentation nor any other documentation or information (or any part thereof) delivered or supplied under or in relation to the shares shall be deemed to constitute an offer of or an invitation by or on behalf of PIIL. PIIL, as such, makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. The information contained in this presentation, unless otherwise specified is only current as of the date of this presentation. PIIL assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent development, information or events, or otherwise. Unless otherwise stated in this document, the information contained herein is based on management information and estimates. The information contained herein is subject to change without notice and past performance is not indicative of future results. PIIL may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. This presentation may not be copied and disseminated in any manner. THE INFORMATION PRESENTED HERE IS NOT AN OFFER OR SOLICITATION OF ANY OFFER TO PURCHASE OR SELL ANY EQUITY SHARES OR ANY OTHER SECURITY OF PI INDUSTRIES LTD. 2#3Another year of robust performance despite global supply chain challenges.. Inspired by Science Figures in Rs Million Revenue EBITDA PAT Q4FY22 13,952 17% 3,056 34% 2,044 14% FY22 52,995 16% 11,460 13% 8,438 14% ...performance exceeding the guidance 3#4Acceleration in domestic revenues driving growth in Q4FY22 Fig in Rs Million Q4FY21 Q4FY22 % YOY ☐ Revenue 11,971 13,952 17% Gross Margin 42% 44% +196 bps ■ Operating Expenses 2,767 3,098 12% EBITDA 2,273 3,056 34% EBITDA as % of 19% 22% +291 bps Revenue Net Profit 1,798 2,044 14% 11% 47% 11,142 10,060 34% 14% 3,056 2,273 2,044 1,798 ☐ ■ Overall 17% Y-o-Y revenue growth Pi Inspired by Science 11% growth in Exports over a high base (Q4FY21 over Q4FY20 growth ~47%) 47% growth in Domestic revenues o Scale up in Wheat herbicide during Q4FY22 Revenue growth of 17% driven by price increase of ~7% and balance from volume growth Trend of rising input costs continued.... cost passthrough effected both in CSM exports and Domestic during Q3 and Q4 FY22 Cash generated from operations before tax during Q4FY22 of ~Rs 2,640 million 14% increase in PAT in line with planned ETR The board has proposed final dividend for FY21-22 of Rs 3 per share aggregating to total dividend for FY21-22 of Rs 6 per share 2,810 1,911 Exports Domestic EBITDA PAT Q4FY21 Q4FY22 4#5Exports ramp-up driving earnings growth in FY22 Pi Inspired by Science 20% growth in Exports FY21 over FY20 growth ~35% resulting in a high base 4% growth in Domestic revenues ☐ Fig in Rs Million FY21 FY22 % YOY Overall 16% Y-o-Y revenue growth Revenue 45,770 Gross Margin 44% Operating Expenses 9,936 52,995 45% 12,343 16% +103 bps 24% EBITDA 10,166 11,460 13% EBITDA as % of 22% 22% (59) bps Revenue Net Profit 7,383 8,438 14% 33,217 20% 4% 39,902 12,553 13,093 11,460 10,166 13% 8,438 7,383 Exports Domestic EBITDA PAT FY21 FY22 14% • • . . . 。 FY21 over FY20 growth ~39% resulting in a high base o Domestic revenue was impacted by unfavourable agro-climatic conditions in the Kharif season o Good Rabi season helped recovery in Q3 and Q4FY22 Revenue growth of 16% driven by price increase of ~3% and balance from volume growth Rising Input costs, lower export incentives, etc. offset by favourable product mix and price hike led to higher gross margin. Operating Expenses increase of 24% is mainly attributable to sharp increase in fuel prices leading to increase in utilities cost, one-time expenses pertaining to strategic initiatives, Covid19 related expenses, etc. Cash generated from operations before tax during FY22 of ~Rs 7,038 million Net profit improved by 14% YoY on a very high base of ~62% YoY growth in FY21 5#6Robust Balance Sheet to drive future growth initiatives Pi Inspired by Science Fig in Rs Million Mar-21 Mar-22 Shareholders Fund 53,424 61,204 Non Current Liabilities 4,025 3,225 ◉ Net Sales to Fixed Assets ratio improved to 2.06 from 1.89 Long term borrowings 2,574 1,699 Other long term liabilities 1,451 1,526 Current liabilities 12,570 13,482 Short term borrowings 705 979 Trade payables 7,960 9,242 Other current liabilities 3,905 3,261 Total 70,019 77,911 Non Current Assets 25,088 28,272 Net Fixed Asset 23,429 24,842 Goodwill 828 828 Non current Investments 207 448 Other assets 624 2,154 Current Assets 44,931 49,639 Inventories 10,528 14,234 Trade receivables 8,517 10,018 Cash, Bank & Investments 23,274 22,650 Other assets 2,612 2,738 Total 70,019 77,911 Key Ratios (%) Annualised Net Sales to Fixed Assets 1.89 2.06 Net Sales to Trade Working Capital o Focused initiatives to improve fixed assets capital efficiency of CSM Exports Total capex for FY22 contained at Rs 3,204 million o Key focus remains of driving higher capacity utilisation Maintained higher inventory levels of Rs 14,234 million ○ To avert supply chain disruptions and meet customer supply schedules/continued operations Trade receivables DSO has remained relatively flat at 69 days as on 31-Mar-22 vis-a-vis 68 days as on 31-Mar-21 Payables in terms of Days of Sales has also remained flat at 64 days vs. 63 days as on 31-Mar-21 ■ Surplus cash net of debt is Rs 21,642 million. QIP funds remained invested into deposits and debt mutual funds with SLR philosophy while final deployment aligned with PI's longer term growth strategy is underway. 4.13 3.53 Debt/Equity Ratio 0.06 0.04 6#7Continued trend of stellar financial performance.. Revenue EBITDA CAGR: 23.1% 23,087 28,409 33,665 FY18 FY19 FY20 52,995 45,770 CAGR: 23.4% 7,186 5,764 4,936 11,460 10,166 CAGR: 23.1% Pi Inspired by Science PAT Figures in Rs Million 4,566 4,102 3,676 7,383 8,438 Exports Domestic FY18 FY19 FY20 FY21 FY22 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Net Worth EPS Fixed Assets 25,669 24,257 21,282 CAGR: 23.9% 13,685 10,876 61,204 53,424 CAGR: 33.5% 26,191 22,854 19,248 CAGR: 20.1% 33.1 29.7 26.7 55.7 49.9 FY18 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY19 Basic EPS in INR FY20 FY21 FY22 7#8Presence across the Agchem value chain Strong focus on customer needs and continuous innovation Discovery Development Quality Objective to be high quality producer Control all processes that impact quality of the end product Global Agchem Exports (CSM) Scale-up Domestic Agri Brands Pi Inspired by Science Manufacturing Evaluation & Trials Regulatory services & Registrations Marketing & Distribution Customer Needs Business Strategy Efficiency • Target driven • Ownership at sub- functional level Consistent Quality Cost Competitiveness Speed of execution, delivery Reliable & Adaptable Real-time monitoring & review Continuous improvement innovatively Throughput Ensure consistent, reliable delivery Continuous de-bottlenecking Automation Environment & Safety Innovation Protect and build IP • To set benchmarks • Address at source Safety first culture 8#9Business model built on the principles of respect for IP and established relationships Pi Inspired by Science Domestic Brand Market Leading Ag-chem Distribution Company in India with leading market share in certain crops India's largest CRAMS Company with majority revenue from Patented Products Exports Market Leveraging our Pan India network, demonstrating brand building capabilities and experienced team to deliver in- licensed, branded generics & co-marketed products IN-LICENSING . • Introducing new products, partnering with global innovators Ensure longer product cycles by brand building Develop solutions for the Indian Ag-chem Industry with the partnership approach R&D Partnership SYNERGISTIC APPROACH Common Infrastructure Develop knowledge, products, processes and experience in different complex chemistries Cross-Selling Opportunities Leveraging on chemistry process research and manufacturing capabilities catering to Global Innovators; Partnering for IP Creation. Custom Synthesis & Manufacturing • Early stages of their life cycles • Complex Chemistries • Process development • IP Protection & Generation . State of the Art R&D facilities • To service its customers 3 Global locations 400+ researchers and scientists • 1 R&D Facility ⚫ Japan for business • Accredited for GLP and 'Norms 4 Manufacturing Sites development activities on OECD Principles' by NGCMA • Domestic Brand Distribution • 25 stock points Consistent track record of financial performance 10,000+ distributors 70,000 retail points China for Sourcing Germany for Knowledge Management Non conflicting business model... well respected by Global Innovators as Partners 6#10Surge in new enquiries/products scale up driving the growth of CSM Exports Science & Technology Driven Development Process Development • 9 new molecules commercialized in FY22 • >40 products at different development stages . Pipeline has more than 20% non agchem products Global Agchem Exports (CSM) New Technology • Continuous flow chemistry developed for 1 intermediate at pilot plant Implemented technology to improve solvent quality & recovery (PSD) Customer Acquisition/ Order Book Scale-up Capacity Build up 2 more Multi Product Plant (MPP) fully commissioned in the FY New chemistry building block (MMH) commissioned Customer • 36 new enquiries received: More than 35% from non agchem space Centric • 8 new customers were acquired during current fiscal Pi Inspired by Science Manufacturing Operational Improvements Capital efficiency optimized by: ✓ Operational excellence; ✓ Statistical data analysis; ✓ Process improvement • New analytical tool implemented for process monitoring in >10 products • Contracted for 500KW solar power at Jambusar • Robust order book of ~$1.4 Bn 10 10#11Partner Centric approach driving growth of Global CSM Exports Growth in number of high value molecules and high revenue customers Pi Inspired by Science PARTNER CENTRIC 10 98765432 1 11 10 9 876543 2 1 FY20 FY21 FY22 FY20 Increase in # of molecules with more than $5m revenue per annum FY21 FY22 # of customers with revenue greater than $10m per annum Quotes from global innovators We are looking long partnership with PI Industries. We are impressed with Pl team on their technical capability, deliveries and long term vision ... (We appreciate PI's)... Timely delivery, compliance to the lead time and clear communication... ...PI team has good system(s) in place נג 11#12Portfolio of specialized products and robust pipeline of new products to drive growth in Domestic revenues Pi Inspired by Science Science & Technology Driven Customer Centric Evaluation & Trials Product Innovation One new insecticide for rice and three specialty fungicide focused on horticulture and rice launched Channel Expansion • PI Mitra Loyalty Program rolled out for deeper engagement with channel partners Implemented digital Sales Ordering module for channel partners Domestic Agri Brands Regulatory services & Registrations Product development and Regulatory approvals • 15+ products at different stages of development and registration • During FY22, received 3 regulatory approval including the 1st product to receive MRL exemption in India • 5 innovative products to be launched in FY23 Farm Application Services • Doubled the area treated using high-tech spray machines • Piloted drone applications and evaluating scale-up Marketing & Distribution Market Penetration • Nominee GoldⓇ maintained dominant share among rice herbicides • Positive momentum for AwkiraⓇ (pre-emergent wheat herbicide) with treated acres increase 3x • Successful launch of Armatura® on grapes, a specialty fungicide with biological origin • Successful launch of DistruptorⓇ for control of rice Brown Plant Hopper (BPH) • Aggressive growth agenda in horticulture 22 12#13Some of the recent product launches getting good traction.. Pi Inspired by Science Transforming practice from Post to Pre-emergent Herbicide AWKIRA ■Unique mode of action to control resistant Phalaris minor in Wheat ■ Developed application support to treat ~7 lakh acreages, providing better & efficient services ■ Immediate expansion in Soybean and Corn, which are highly driven by herbicide business AXEEV AWKIRA HERBICIDE India's first Pheromone based Insecticide to address boll worm menace affecting cotton crop PB KNOT ■ Sustainable solution PB Knot (cotton insecticide) now covering 100,000+ acres across 5 states ■ Innovative mating disruption technology ■ Best fit in IPM of boll worm management ■ Extensively tested globally ■ Safe to beneficial insects, environment & applicator PB KNOT Mating Disruptor for Pink Balworm Specialty Fungicide of biological origin for India's major export crop, grapes ARMATURA® ■ Improves grape yield without adversely impacting quality ■ Product is MRL exempt and safe to use for preventive disease management ■ Farmers find that two applications of ArmaturaⓇ gave effective control of powdery mildew ■ ArmaturaⓇ application enhanced the quality of grapes by improving the luster and shining JIVAGRO 13#14Aggressively pursuing Horticulture under the JIVAGRO brand ECOLIGHT JIVAGRO RINGMASTER JIVAGRO ARMATURA HORTICARE SPECIALIST Successful launch of 13 new Pi Inspired by Science products in horticulture during FY22 Crop: All Crops Category: Plant Health POLERO Crop: All Crops Category: Plant Health DEBARR JIVAGRO •Crop: Grapes Disease: Powdery Mildew ROUT JIVAGRO PROFORCE LURIT JIVAGRO JIVAGRO Crop: Tomato, Chilli, Onion, Rice, Maize, Wheat, Turmeric, Cotton, ⚫Disease: Broad spectrum TORPEDO •Crop: Grapes, Chilli, Tomato, Onion, Apple •Disease: Broad Spectrum VOLATGE Crop: Rice, Chilli, Tomato, Potato, Onion, Grapes, Pomegranate •Disease: Broad Spectrum PRECEDE Crop: Tomato, Grapes, Potato, Chilli, Cucurbits Disease: Broad Spectrum WARLORD Crop: Grapes, Potato, Cucurbits, Tomato, Onion, Tobacco Disease: Broad Spectrum WARRANT IVAGRO VAGRO IVAGR JIVAGRO Crop: Cabbage, Chili Onion, Tomato, Pomo Pest: DBM, Thrips •Crop: Tomato, Tea, Brinjal, Chilli, Apple, Okra, Cotton Pest: Whitefly, Mites •Crop: Tea, Chilli, Cotton, Pigeon pea •Pest: Whitefly, Pod borer, Stemfly, Mites, Thrips, etc. Crop: Paddy, Cotton, Okra Pest: BPH, Aphid, Jassid, Thrips, White Fly Crop: Citrus, Rice, Tea, Rubber & Vegetables Pest: Snails & Slugs 14#15Momentum of new product launches will continue into FY23.. Pi Inspired by Science Innovative insecticide for Rice: Applied for Patent DISTRUPTOR ■ Works on all stages of insect. Product powered by XP Technology ■ Unique Mode of Action to control of Brown Plant Hoppers (BPH) in rice ■ Dual mode of action reduces egg laying capacity DISTRUPTOR Dinofuran 15% " DINOACE INSECTICIDE DUAL mode of action; Systemic and Contact activity ■ DINOACE™ gives quick knock down and long duration control on target pest ■SG formulation New Insecticide A meta-diamide GABA-gated Cl- channel allosteric modulator Broad spectrum control (Leps + sucking pest) Highly effective on diamide resistant pests. PROVIDE HERBICIDE DUAL mode of action works through roots and leaves ■ ALS and ACCase inhibitor ■Gives control on broad spectrum weeds of Cotton ■ Advance MEC formulation 5 innovative products to be launched in FY23 NEMATICIDE New Nematicide ■ Selectively inhibits Complex II of the mitochondrial respiratory chain of nematodes Only 2 specialized molecules are available, limited competition FUNGICIDE SECTIN Combination fungicide giving dual contact and systemic activity against Phycomycetes diseases Excellent curative control of diseases 15#16Partner Centric approach to grow Domestic Agri Brands Accelerated growth in high value brands and distributors over last 3 years 21 20 19 18 17 16 PARTNER CENTRIC 15 ------- 150 140 130 120 110 100 90 FY20 FY21 FY22 Increase in # of brands with more than Rs 100 million revenue per annum FY20 FY21 FY22 # of distributors with revenue more than Rs 10 million Quotes from farmers I recommend you too use the PI company's Distruptor to control BPH and be happy with your family. I thank Pl on behalf of the farmers for giving us a product like Distruptor. ...the stems are green and healthy and even grains are shining, the results are very good and I am hoping for a very good harvest this year... ...after using the (PI) product we started seeing the result in just two days Pi Inspired by Science Domestic Agri Brands ננ 16#17Performance underpinned by PI's Compass Purpose Vision то Spiky capabilities Values Reimagining a healthier planet Pi Inspired by Science Lead with science, technology and human ingenuity to create transformative solutions in life sciences Partner centric Science & Technology driven First to identify and deliver on latent needs of our customers and partners Sustainable solutions by early adoption of cutting-edge sciences/technologies Integrated digital solutions to gain competitive advantage Digital edge People first ESG anchored Best opportunities for employees to learn and grow ESG as a way of life Courage Think and act boldly ⚫Act with integrity • Be accountable Curious • Question conventional wisdom Be open-minded and adaptable Develop intellectual curiosity Creative Connect unseen dots to differentiate • Collaborate and experiment • Create an environment to execute ideas with speed and excellence for skills Caring Be transparent ⚫ Trust each other Bring the best out of people • Embrace sustainability 17#18Implemented integrated program for Digital Edge capability Pi Inspired by Science Digital Edge Areas Select list of initiatives Operational Excellence Safety and Security Scaling up Vendor Management functionality for supplier lifecycle and performance management ■ Consolidation of ■ manufacturing platforms for statistical analysis to study process technology and throughput efficiency Track & Trace solutions implemented on all formulation lines Al based surveillance for safety and security of facilities and personnel Customer Engagement Digital tools for sales analytics etc. Channel Order module for Channel Partners (PI Mitra) Learning & Development Organization wide launch of digital learning platform ■ Advanced analytics including predictive HR analytics ....Others 18#19Building future ready PI for the next phase of growth וויי ווייו/ PI's ambition is to embark on rapid, differentiated, organic and inorganic growth which is resilient by being ahead scientifically and technologically ✓ We @ Pl recognize the need to make deep changes to align with enormous and pervasive technological changes all around and the challenges our Planet Earth faces.. ✓ By Reimaging a Healthier Planet and setting an audacious Vision for ourselves to address expressed and latent needs of people, we are aiming to grow rapidly and sustainably ✓ Also implementing a new Operating Model that enables us to continue growing our current businesses, establish new businesses and also continually add new ideas, technologies, scientific discoveries and more to make PI a resilient, resourceful and successful enterprise. Elevating leaders with demonstrated success to lead Business Units, which make up our Delivery fold while backing them up with the requisite talent, empowering them to succeed. ✓ Aiming highly inclusive and diverse work place ensuring opportunity for all and empowerment of our people to bring out their best whilst ensuring effective accountability. Pi Inspired by Science 19#20New operating model to equally focus on Delivery & Development.. Pi Inspired by Science PI Compass Leadership Technology Dojo Resources Governance Align entire organization across different levels with "PI's Compass" Elevated seasoned homegrown leaders for CSM and Domestic business Continue to add bench strength in new technology R&D team for pharma diversification into bio- chemicals is already in place Reengineering and digital automation of finance processes for operational efficiencies Adding resources for digital initiatives Implementing robust career and succession planning program Refining key human capital management processes to strengthen employer brand Our attrition level is well below industry norms and negligible at senior management levels Restructuring of the Board/Committees with induction of new Independent directors and re-defining the roles Integrating ESG initiatives with long term business strategy / plan and make that way of life for all @ PI Strengthening team for deeper understanding of applicable regulations 20#21Pursuing Multi-pronged growth strategy.. Market • Expansion • Creation • Segments . Operation excellence ⚫ Brands Inorganic • Value added Technology • Products Assets • Niche vertical with a future Pharma/Specialty chemical Organic Grow Smart • High growth application areas Inorganic having synergy Value creation . Disruptive technologies in chemistry & process engineering Pi Inspired by Science Build Customer Intimacy Build • Asset • Customer relationship Management Product & services • Process IP De risk & Create • Customers Value-chain - Add Products Digitization Strategic tie ups Deepening our technological capabilities to open new horizons De risk Manufacturing concentration Process Chemistry ⚫ Block Builders • New formulation of • Process engineering • Biological Flow existing products Digital • Information integration • Decision tools Create • Process Innovation Biological process development • Formulation Combinations with Partners • New formulations - Digital Customer engagement Prudent financial management in place to ensure that long term shareholder value creation remains at the heart of the strategy 21#22Growth momentum to continue in FY23 Pi Inspired by Science Domestic: Focus on portfolio diversification with launch of novel offerings CSM Export: R&D focused approach to drive incremental business Efforts to drive strategic initiatives continues · Strong demand is expected for insecticides, fungicides, herbicides and bio-nutrients on the back of normal monsoon predictions Commodity prices remain robust owing to global demand 5 new products scheduled to be launched in FY23 Continued scale up in demand of some of the existing products Commercialization of 7 new molecules planned in FY23 Momentum in new enquiries and conversion to continue Drive higher capital efficiency in FY23 with focused program to reduce Trade Working Capital 2 new process innovations to be commercialized in FY23 Evaluation of inorganic growth opportunities in pharma continues, both domestic and international options being evaluated PI's product & research efforts yielding promising results Discussions continues with global innovators for development partnership of 2 promising leads; one novel fungicide and a novel broad spectrum insecticide having sizable potential market opportunity ...Confident of delivering 18%-20% revenue growth with continued improvement in margins and returns 22#23PI's focus on ESG principles is winning accolades... Winner of 'Golden Peacock Award for Sustainability Emerged amongst top quintile companies in the very first S&P global Corporate Sustainability Assessment (CSA) with 82% percentile industry ranking . . • Retained water consumption (specific) levels per ton of production even with double digit increase in production Initiated programs targeting 25% reduction in CO2 emissions. Working towards carbon credit from farmers Onsite water treatment plants and recycling of water with the target of becoming Zero Liquid Discharge (ZLD) Contracted for 500 KW of Solar Power at Jambusar Fully compliant - no imposition of penalties Information & Cyber Security Infrastructure: ISO 27001 certification. Assured per AA1000 Assurance Standard on ESG indicators Cascade shared values of Integrity and Accountability via Pl's Compass Robust OHS Management systems: ISO 45001 & 18001 certification Best Indian Supplier 2021 Award from international customer based out of Brazil. Pi Inspired by Science Retained Responsible Care® certification from ICC Renewable Energy Consumption increased 18x over last 2-years ~80% of total incinerable waste disposed through co-processing Started journey towards "Zero Landfill Waste" through disposal of ETP Sludge/MEE Salt as raw material for fertilizer company Nil recordable injuries in FY 2021-22 Increase in CSR expenditure by 20% ~Rs. 137 million ~50,000 new farmers covered programme in FY'21-22 through DSR Conducted Sciences Camp in Gujarat with more than 2500 students Formed SHG 'Momai Maa' to impart financial education to unprivileged women: ~3500 women underwent training in financial and legal literacy ~90,000 people covered through 3 Mobile Medical Units Collaboration with Industry Players on 'Container Management - Plastic Waste Take Back' program 23#24Rewards and Recognition PROMISING MAYANK SINGHAL Vice Chairman and Managing Director Asia's promising business leader MR. MAYANK SINGHAL RECOGNISED BY THE ECONOMIC TIMES AS ASIA'S PROMISING BUSINESS LEADER 2021-2022 GOLDEN PEACOCK AWARDS WINNER Sustainability 2021 GOLDEN PEACOCK AWARD FOR SUSTAINABILITY (2021) S&P Global Corporate Sustainability Assessment for 2021 PI featured as one of the 3333333 26 Indian companies in Forbes Asia Best Under a Billion 2021 Mr. Mayank Singhal Vice Chairman and MD Pi industries Ltd. is INDIA'S BEST CEO in Agriculture & Allied sector India's Best CEO MR. MAYANK SINGHAL, VICE CHAIRMAN AND MD, PI INDUSTRIES LTD. IS INDIA'S BEST CEO IN AGRICULTURE & ALLIED SECTOR IN THE BT-PWC RANKINGS Heritage Company of India at FICCI's INDIA @75: CHEMICAL & PETROCHEMICAL INDUSTRY AWARDS 2021 Pi Inspired by Science PI Industries Ranks In The Top Quintile with 82% percentile industry ranking Forbes Asia Best Under a Billion 2021 PI INDUSTRIES, UDAIPUR CERTIFICATE OF APPRECIATION, KARKHANA SURAKSHA PURASKAR-2022 The honour is an attestation of high safety standards and benchmark of excellence set by our team members BEST SUPPLIER OF 2021 Associated since 2014 for the supply of Agrochemicals to Brazil, the honour comes as a recognition of our commitment to manufacturing best quality products coupled with highest delivery and service standards 24 24#25PI supporting communities to fight Covid-19... Pi Inspired by Science E ONGER GENERATION PLANT FOUNDATI Set-up 5 Oxygen Generation Plants OXYGEN GENERATION PLANT Provision for Oxygen Concentrators Financial assistance in setting up Covid Isolation Centres Assistance to procure CT Scan machines Support of Medicines for Underprivileged Awareness Campaigns/ PI Volunteers for community support Set up 5 oxygen generation plants across 5 hospitals Amidst the deadly • second wave coupled with shortage of medical oxygen, PI Industries rolled out oxygen generation plants in Gujarat, Rajasthan and Delhi Procured oxygen concentrator machines Financial assistance to the Udaipur Chamber of Commerce and Industry (UCCI) for procuring machines during this crisis Provided 50 beds and requisite medical equipment • Provided at Covid-19 Isolation Centre at Jambusar & assistance to Vasant Vihar Welfare Association, New Delhi for running Covid Isolation Centre Procured CT Scan machines Financial assistance to Arogya dham Hospital, Gwalior to procure CT Scan machines to facilitate better diagnostics & treatment for Covid 19 patients Procured expensive lifesaving medicines Financial assistance to Rotary welfare Trust, Bharuch for procuring expensive lifesaving medicines to support the underprivileged community Provided 3 Mobile Med. vans and arranged free health camps . • . • Community outreach programs covered ~90,287 people in 64 villages ~300 people screened daily Free 5 Health Camps on Gynecology & RCH, Pediatrics, Dental Hygiene & Dermatology. 1,500 people benefited. Pl employees volunteered 25#26Our CSR efforts focused on Community welfare & Environment Pi Inspired by Science PI's CSR strategy focuses on: Creating a positive impact for marginalized communities via environmentally sustainable approach Interventions align with several Sustainable Development Goals (SDG) Continuous life cycle evaluation of products and product stewardship to minimize eco- impact Implementation Sustainable Agriculture Practice Healthcare, Hygiene and Sanitation Interventions Women Empowerment Education Interventions Skill Development 700K+ Hectares of Farmlands benefitted by DSR technique thereby saving 1.7 trillion litres of Water annually 100K+ Lives impacted using Mobile Healthcare Vans under PI's 'Swasthya Seva" Initiative and Blood Bank services 15K+ Women across 82 villages in Bharuch Area benefitted through PI's women empowerment program 18K+ Govt. school children across 125 Schools benefitted through PI's Learning Enhancement Programmes 2.0K+ Youth employed through large scale Skill Development Programmes Key Programmes/Initiatives • Water conservation through sustainable agriculture practices & farm engagement activities SWASTHYA Seva Initiative - Aim to provide access to preventive, promotive & curative health care to underprivileged Learning enhancement programmes for government school children in 135 schools Certified vocational training & employability linked skill enhancement program for underprivileged youth Entrepreneurship development & livelihood promotion through sustained agriculture, dairy value chain & skill training for rural women Community Drinking Water Initiative and construction of school toilets REDMI NOTES PRO OMDUAL CAMERA PI FOUNDATION F TRAINING CENTER ROLL T 26#27Thank You Pi Inspired by Science 27