#1NXTBLOC AUTOCLAVED AERATED CONCRETE BLOCKS BIGBLOC CONSTRUCTION LIMITED Investor Presentation June 2023#2At a Glance One of the Largest AAC Blocks Manufacturer in India with 8,25,000 CBM p.a. Marquee Clientele of 100+ Realtors Supply Chain across 9 Cities in 4 States Only Company under AAC industry to generate Carbon Credits Products sold under reputed brand NXTBLOC Early entrant in India for manufacturing AAC Blocks 3 State-of-the-art manufacturing facilities 500+ Team Strength 1,500+ Projects Pipeline 2,000+ Projects Executed 3 Year Revenue CAGR 19% 3 Year EBITDA CAGR Net Debt To Equity 1.11x 69% Return on Capital Employed 31% Return on Equity 39% BIGBLOC CONSTRUCTION LIMITED 2#3Company Overview BIGBLOC CONSTRUCTION LIMITED • BigBloc Construction Limited is India's one of the largest manufacturer in India of AAC (Aerated Autoclave Concrete) block and related products manufacturing company, with a total capacity of 8,25,000 m³ p.a. capacity. AAC blocks are a superior quality building material which provide unparalleled blend of strength, light weight, thermal insulation, sound proof, unsurpassed fire resistance and highly proficient building capability. AAC is a natural and non-toxic construction material, saves energy, and are eco-friendly. These AAC Blocks of the company are marketed in the Brand name of NXTBLOC, which is a green Product for Construction Industry. BigBloc aims to become an unparalleled name in the industry, manufacturing quality building. materials that focus on sustainability. It also hopes to aid the construction and infrastructure industry in adopting green and sustainable practices for a better future. BigBloc has three state-of-the-art manufacturing units located at Vapi and Ahmedabad, Gujarat, and Palghar, Maharashtra, making it the one of the largest AAC manufacturer in India. However, with the ongoing capacity expansion plans, the company will catapult to become the largest AAC manufacturer in India by FY24. Revenue (INR Mn) and EBITDA Margins (%) 2,001 1,752 1,188 25.04% 1,030 15.47% 11.84% 8.57% FY20 FY21 FY22 FY23 NXTBLOC NXTPLAST NXTFIX ZMARTBUILD Indigenous Brands AUTOCLAYED AERATED CONCRETE BLOCKS Co-branded products under JV with SCG International 1017-38 1017-39 3#4Brand Overview BIGBLOC CONSTRUCTION LIMITED TM NXTBLOC AUTOCLAVED AERATED CONCRETE BLOCKS The logo of Aerated Autoclaved Concrete Blocks embodies the brand through a minimalistic yet impactful design that takes inspiration from blocks. NXTFIX The NXTFIX logo for Block Joining Mortar draws inspiration from reduced spacing in the word "FIX" to visually convey the strength and durability of the company's product. By bringing the letters closer together, it symbolizes unity and cohesion, reflecting the mortar's ability to securely hold building materials together. NXTPLAST The NXTPLAST logo incorporates green color to highlight the protective nature of the company's plaster products, with half of the letters in "PLAST" colored green to visually associate it with wall protection. 4#5Value Centric Approach Quality Strong believer and executioner of quality products and development- Economical, Environmental and healthy Housing across India. Commitment Rapid Sustainable Construction of Green buildings bearing Environmental Impact such as Global Warming and Carbon Footprint. Integrity Create growth opportunity and trust for all employees and value for all stakeholders in the value chain by following the principles of agile enterprise. Core Values Vision Committed to innovative growth through personal passion, reinforced by a professional mindset, creating value for all. Mission To be the most preferred and most trusted company for green products and services that create safe and stable environment. கு BIGBLOC CONSTRUCTION LIMITED#6Eminent Leadership Team BIGBLOC CONSTRUCTION LIMITED Mr. Narayan Sitaram Saboo- Chairman & Executive Director He has an invaluable 34 years of experience in management and operation of Textile Business and 10 years in AAC Block Business. He Holds a degree of Bachelor of Laws (LLB). Providing industry-wise leadership and management strategy are his key areas of expertise. He is actively associated with various social welfare. Mr. Mohit Narayan Saboo- Director & CFO Experience of 7 years in Corporate Taxation, Finance and Accounts. He is a Chartered Accountant by qualification. He is associated with the company since 2012. He is responsible for handling work related to Corporate Finance and Accounting, Secretarial and legal issues. Mr. Naresh Sitaram Saboo- Managing Director He is embedded with an experience of over 25 years in Textile Business and 10 years of experience in AAC Block Business. He has vast experience in providing strategic direction in selection of technology and machineries in setting up new manufacturing facilities, improvement of production processes and new ventures. Having international exposure, he is well aware of the latest trends in the manufacturing industry. Mr. Manish Saboo- Marketing and Strategy Head With over 10 years of experience working as a Commercial Manager, he is responsible for smooth project delivery and coordination. He has done his Masters in finance from Nottingham London. He manages the company's financial and marketing Operations. His functions as Executive director include Planning and execution of the company's marketing & Financial Strategy. Mr. Sachit Gandhi Independent Director With over 7 years of experience in Finance, Mr. Sachit Gandhi, Chartered Accountant by profession brings in- depth knowledge and skills to the Board that enables to make sound financial decisions for the betterment of the Company. Ms. Samiksha Nandwani Non Executive - Independent Director With over 9 years of experience in Merchandising and Marketing, she adds value to the Company by providing expertise in Marketing. She holds a Bachelor's degree in Marketing from Veer Narmad South Gujarat University. Mr. Dishant Jariwala Non Executive - Independent Director With over 6 years of experience, Mr. Dishant Jariwala's contribution to the Company's graphic designing and publishing system team has been noteworthy. He has worked with Kwality Silk mills in the past. He holds a Bachelor's degree in Chemical Engineering from SCET Engineering College.#7Building BigBloc First AAC Blocks unit commenced in 2010 and sold to Thapar Group in 2011 under erstwhile parent entity Mohit Industries Ltd. Commenced New AAC Block manufacturing unit with production Capacity in Starbigbloc with SCG International Corporation Increased Capacity by de-bottlenecking at Umargaon plant to 3,25,000 m3 p.a. Joint Venture Acquisition of land under JV Company of 60,000 sq mtr for greenfield expansion Increased capacity by Commercialization of Phase 1 at Wada Plant making manufacturing capacity of 8,25,000 cmp/pa Material Pvt. Company Ltd. of Thailand 2023 Ltd. to 2,50,000 m³ p.a. 2022 2021 2020 Expanded Listing to all Indian Bourses. Acquired a sick unit, Starbigbloc Building Material Pvt. Ltd. as Wholly owned subsidiary Company and commenced AAC Block manufacturing with 2,00,000 m³ capacity p.a at Kapadvanj near Ahmedabad. Increased Building 3,00,000 m³ Demerged AAC business from Mohit capacity p.a. Industries Ltd. located at 2019 2016 Umargaon, Gujarat in 2012 1991-2012 2015 BIGBLOC CONSTRUCTION LIMITED#8R Manufacturing Prowess Ahmedabad Vapi Ahmedabad Vapi Wada BIGBLOC CONSTRUCTION LIMITED Existing Umargaon, Vapi Kapadvanj, Wada, Wada, Ahmedabad Maharashtra Maharashtra Upcoming Kapadvanj, Ahmedabad (Joint- Venture) Capacity (CBM/P.A) 3,25,000 2,50,000 2,50,000 2,50,000 3,00,000 Carbon credit potential (Units/ P.A) Products Manufactured 60,000 to 65,000 50,000 (registration under process) Registration under process 1,00,000 (at full capacity) 50,000 to 60,000 AAC Fly Ash AAC Blocks Blocks & Sand Based Blocks AAC Blocks AAC Blocks AAC Blocks & Panels Expansion Plans Capex INR 75 crore (mix of debt & equity) 60% subsidy from State Government Post Expansion, Bigbloc will be the largest manufacturer of AAC blocks in India The plants together shall generate 3,00,000 tons of carbon credit every year 8#9Sales & Distribution Strength 6000 Developers Direct Sales to Marquee Developers Cement Companies Regular Clients like ACC & Ambuja Government Supplies to the likes of CIDCO Project Sales Large Projects like Lodha Palava etc, are directly marketed through construction companies Direct Marketing Marquee and reliable clients Direct Developer Relationship Team More than 50% of the top 7 developers of Mumbai Credit Profiling of Customers is done before supplies Wide network of distributors BIGBLOC CONSTRUCTION LIMITED#10Marquee Clientele across Residential, Commercial & Hospitality Realty/Real Estate Construction adani Realty LODHA BUILDING A BETTER LIFE Prestige GROUP Add Prestige to your life Piramal Realty САРАСІТ'Е OBEROI REALTY Indiabulls REAL ESTATE TM IRAHEJA" UNIVERSAL THE WORLD TO COME Sunteck R RUNWAL With you, always... TM OEM's PURANIKS Ideas that stay with you Life...Complete REGENCY GROUP Linking People, Building Trust SHIVALIKⓇ A Commitment is a Commitment MARATHON PARADISE GROUP Your World. Our Vision. ISO-9001:2008 Certified Organization REGENCY Il Sarvam TITWALA (E) ARIHANT SUPERSTRUCTURES LTD. CONTINUING STABILITY SHIRKE Shapoorji Pallonji LARSEN & TOUBRO PSP ACC Government Bodies CIDCO WE MAKE CITIES Build to Last Ambuja Cement BIGBLOC CONSTRUCTION LIMITED#11Some Distinguished Projects Executed BigBloc stands tall and apart is due to its ability to develop, hone and maintain long-lasting relationships with its clients by providing superior quality of sustainable environmental friendly AAC blocks. CONSTRUCTION LIMITED Lodha Group Kanakia Group L&T Lodha Group Regency Group THE WORLD TOWERS Lodha Group via CTBUH Palava Township; Spread across 4,500 acres, is a business and residential project that is an all encompassing and integrated smart city in Dombivali, Maharashtra; offering luxurious residences in compositions, along premium various with experiences of shopping, entertainment and Rainforest; Spread across 4.5 acres, is a residential project that offers luxurious 1, 2 and 3 BHK apartments in Andheri East, Mumbai. Inspired by the Amazonian rainforests, this property is built amidst lush greenery providing a serene environment for nature lovers. Crescent Bay; spread across 7 acres, is a residential project that offers luxurious 2, 3 and 4 BHK apartments in Parel, Mumbai. Touted as one of L&T Realty's most premium projects, Crescent Bay provides elegant solutions for modern families. World One; spread across 17 acres, is a residential project that offers luxurious 3, 4 and 5 BHK apartments in Lower Parel, Mumbai. With a height of 919 feet, the project boasts of being a 76-storey skyscraper in the heart of South Mumbai. Regency Sarvam; spread across 68 acres, is a residential project that offers luxurious 1, 2 and 3 BHK apartments near Titwala, Maharashtra. business. 11 BIGBLOC#12NXTBI Business Overview NXTBLOC NXTBLOC®#13Manufacturing Process Block Lintel D) AAC is shrink wrapped and placed on pallets C) Cured AAC removed from autoclave E) AAC transport for shipping or to storage area AUTOCLAVE B) Uncurred AAC placed in autoclave under steam & pressure A) Cake is cut into blocks or panels and waste is recycled 8. Cake is ready to cut 11-1-11 7. Mold will Returned for Next stage 1. Fly Ash 2. Cement 3. Lime Raw Materials BIGBLOC CONSTRUCTION LIMITED 4. Raw Materials mixed ↑ 6. Slurry is poured Precuring Stage in mold H 8. Mold is cleaned 9. Mold is Oiled 10. Mold is Closed 11. Mold Returns to mixer#14Blocks of the Future - AAC Blocks AAC is a steam-cured mix of sand or pulverized fuel ash (PFA), cement, lime and aeration agent. The high-pressure steam-curing in autoclaves achieves a physically and chemically stable product where the density of AAC Blocks is 1/3rd of red bricks. AAC comprises myriads of tiny non-connecting air bubbles which give AAC its incredibly diverse qualities and make it a terrific insulator. AAC is a natural and non-toxic construction material, saves energy, and is friendly to the environment. NXTBLOC, AAC blocks are a superior quality building material that offer a unique combination of advantageous features like: Pest Control High Strength Fire Resistance T Energy efficient Sound Insulation Light weight Water Absorption イ Affordability Volume Data (CBM) 4,93,416 4,51,271 4,58,921 3,74,513 FY20 FY21 FY22 FY23 Thermally efficient Increased Floor Space Area Earthquake Resistant BIGBLOC CONSTRUCTION LIMITED#15AAC Blocks Vs. Red Bricks Price Trend of AAC Block and Red Brick 5,500 5,266 5,000 4,000 3,863 3,383 3,379 3,500 4,300 3,075 3,075 3,075 3,100 2,919 4,000 2,758 2,400 2,400 1,800 1,800 2,700 2,692 2,856 2,700 2,650 2,450 2,450 2,400 WEIGHT: AAC blocks weigh 600 kg/m3 as against Bricks which weigh 2,000 kg/m3 as a result it drastically reduces the dead weight of the building resulting in to reduction in steel and cement i.e. structural costs. REJECTION RATE: Rejection rate in Bricks is 10-15% higher than AAC. Also 9 Bricks equals 1 AAC block, therefore rejection rate is further lower for AAC COST & TIME SAVINGS: Putty work can be done without plaster in case of AAC resulting in cost savings. AAC also reduces air conditioning bills due to its excellent thermal insulation property. AAC wall construction involves 1/3rd the joints as it is 9 times the size of a clay brick, thus an overall savings in time and as a result labour costs. 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 AAC Brick SIZE: AAC Blocks are available in various sizes with more carpet area available as compared to red bricks, additionally, Number of joints required while using AAC blocks is less than that of red bricks. Source: Indiamart ENVIRONMENTAL IMPACT: AAC does not consume top layer agricultural soil unlike Bricks. It also consumes significantly less coal and emits less CO2 as compared with Bricks. 65% of the raw material by weight is fly ash which is a waste for thermal power plants and has toxic effects#16New Initiative: ALC PANELS • • ALC panels Autoclaved Lightweight Aerated Concrete panels are composite material consisting of cement, lime, and silica sand. These panels use two-way welded steel mesh as reinforcement. These panels are the next-generation versatile green building material that possess superior technical and functional advantages. ALC panels are used for external and internal non-load bearing walls, roof, floor etc. for commercial, industrial, and residential buildings. BIGBLOC CONSTRUCTION LIMITED Corrosion Protected Steel Reinforced Lightweight No plaster, coping/bond beam required lelelele Cost effective Thermal control Fire Resistance f Acoustic Insulation Easy and Fast Installation Durable#17An Invaluable Collaboration with Siam Cement Group • In 2021, BigBloc entered into a strategic Joint Venture with Siam Cement Group (SCG) of Thailand with 48% holding with SCG and 52% with BigBloc. SCG, established in 1913 is one of the largest cement and building material companies in Thailand and Southeast Asia and ranks 2nd in 2021 Forbes list. SCG BIGBLOC CONSTRUCTION LIMITED The JV has started capacity building and is expected to commence operations by FY24 with collaborative marketing expenses. Collaborating Strength to Strength BCL-52% & SCG INTL INDIA-48% Value of Project: INR 891 Mn Capacity: 2,50,000 Cubic Meter Location: Gujarat Commencement: Q1FY24 Techno commercial knowledge expertise Enhancement of growth for BigBloc Product offerings at global platform Access to SCG network#18Sustainability at our Core Sustainable Construction Green Building Global Warming Carbon Footprint Sustainability by increasing the efficiency of resources used for constructing buildings & in sites as well as reduce the likely adverse impacts of real estate development on human health and the environment through better planning, design, construction, operation and maintenance. Increasing awareness worldwide to the concept of 'Green Building', builders, architects and engineers are working towards constructing buildings that are designed in such a way that it can reduce the overall impact of the built environment on human health and the natural environment. Reduction of global warming caused by the use of traditional building materials also cause top soil erosion, thereby devastating the land's cultivation potential permanently by replacing it with AAC Blocks. Environment Responsible Organization The carbon foot prints of NXTBLOC AAC blocks are considerably less compared to traditional walling materials (Per sq. ft. carbon levels: AAC blocks 2.13 kg of CO2, clay bricks 17.6 kg of CO2, concrete walls 14 kg of CO2). BIGBLOC CONSTRUCTION LIMITED#19Future Growth Strategies Penetrate New Markets To look after new markets on a Pan India basis to cater the growing demand • OOOOO Future Strategies Increase Product Portfolio To further increase the product basket which includes ALC Panels, Block jointing Mortar, Tile Adhesives and Gypsum Plaster, and other construction chemicals etc. Modernize Manufacturing Facilities Overhaul manufacturing facilities at Ahmedabad and Umargaon Plant Strategic tie-up with SCG International brings in the required technological expertise at our new upcoming plant in Gujarat Expanding networks To organize dealer meets for generating better product awareness and expanding our dealer network Expand Customer Base Enhance customer base in Western India, where Bigbloc leverages significant customer Relationships BIGBLOC CONSTRUCTION LIMITED#20Industry Overview#21AAC Industry Scenario - Global & India Global Scenario: • • The global AAC market is valued at about USD 19.5 Bn in 2021 and is further expected to grow at a CAGR of 6.20% during the forecast period of 2023-31 to reach almost USD 34.3 Bn by 2031. The Asia Pacific region is projected to hold the largest market share in the AAC Market globally. China's emergence as a global manufacturing hub has increased the demand for blocks, cheap labor, and easy availability of raw materials to boost the production. • The growing population and urbanization is expected to drive the growth of the market. The AAC market is expected to demonstrate the fast growth due to the development of smart cities and green buildings, including the commercial, and residential buildings. Moreover, increasing government investments in infrastructure projects is also expected to propel the growth of the regional market. Indian Scenario: • • • . India is considered as the New land of Opportunity for AAC Blocks industry. The Indian AAC blocks market is anticipated to register INR 11,095 Crs at a CAGR of 14.3% during the forecast period 2020-27. India is the second largest block manufacturer in the world after China. Indian block industry is almost entirely unorganized and characterized by the presence of large number of small scale manufacturers which compete with one another at the regional level. India has a total of 150-180 plants whereas China has over 3,000 plants. Despite the high growth of AAC Block in building applications during the last decade, it is only 7-8% of the industry, while 85-90% of the industry is still dominated by Red Bricks, which means enormous potential in the years to come. Recent developments indicate that Indian markets are increasingly accepting AAC blocks as a sustainable alternative for clay and red bricks. However, a lot more traction will follow in the near future as builders and architects increasingly become aware of the cost, sustainability and structural advantages of AAC blocks. In 2021, India was ranked third in the US Green Building Council (USGBC) annual list of top 10 countries outside the US for leadership in Energy and Environmental Design (LEED). India Market share 2015 ~4%~1% ~95% ■ Others ■Red Bricks ■ AAC Blocks India Market share 2022 ~10% ~5% Sources: Research Dive, Global News Wire BIGBLOC CONSTRUCTION LIMITED ~83% ■ Red Bricks ■ AAC Blocks ■ Others 21#22BIGBLOC CONSTRUCTION LIMITED AAC Growth Drivers The construction industry in India is expected to reach USD 1.4 Tn, by 2025. This growth is expected to be fueled by the increasing demand for residential and commercial properties due to factors such as urbanization, smart city initiatives, and the development of industrial corridors. Construction Industry: India's start-up culture and business prowess is enabling the demand for office spaces in the country, which has been growing rapidly. Around an estimated USD 1.3 Tn is likely to be invested in housing over the next seven years, during which an estimated 60 Mn new homes will be built. New Investments: Post implementation of GST, the applicable tax rate is 12%, reduced dramatically from ~24-25%. GST: Govt. Initiatives: The Indian government's sharp focus on affordable housing policies is expected to increase the rate of availability of affordable housing to around 70% by 2024. With increasing regional government projects and expanding real-estate industry, demand for ACC is expected to see an upsurge. Projects such as Pradhan Mantri Awas Yojana, Police Housing, Kanya Shiksha Parishar, etc. where the Government has made mandatory to use AAC Blocks. Income to EMI Ratio: A massive increase in affordability coupled with rise in disposable income offers tremendous future prospects. 94% 93% Pricing of red bricks has been on an increasing spree whereas the blocks prices have been much cheaper which has resulted in conversion to fly ash blocks. Rising demand for lightweight construction materials, growing preferences for low-cost houses. Pricing: Affordability Index for Housing (By Metropolitan Area) 53% 60% 51% 43% 53% 38% 39% 48% 44% 51% 47% 48% 45% 39% 46% 29% 31% 28% 38% 36% 26% 28% 29% 26% 25% 26% 25% 24% 23% 20% Mumbai NCR Source: Statista Kolkata Hyderabad Bengaluru Chennai 2010 2015 2020 2021 Pune Ahmedabad 22#23Financial Overview#24Historical Consolidated Income Statement Particulars (INR in Mn) Revenue from Operations Operating Expenses EBITDA FY20 FY21 FY22 FY23 1,188 1,030 1,752 2,001 1,084 908 1,481 1,500 104 122 271 501 EBITDA Margins (%) 8.75% 11.84% 15.47% 25.04% Depreciation 48 52 59 61 Finance Cost 44 44 37 42 Other Income 3 1 8 PBT Taxes PAT PAT Margins (%) 15 27 181 406 (10) 2 20 105 25 25 161 301 2.10% 2.43% 9.19% 15.04% Earnings Per Share (EPS) 0.35 0.35 2.27 4.28 BIGBLOC CONSTRUCTION LIMITED#25Historical Consolidated Balance Sheet BIGBLOC CONSTRUCTION LIMITED Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 EQUITY AND LIABILITIES ASSETS a) Equity Share Capital 142 142 142 Non-Current Assets b) Other Equity 178 328 612 a) Property, Plant and Equipment 654 647 806 c) Non-Controlling Interest 18 b) Capital WIP 410 Shareholders Fund 320 470 771 c) Goodwill d) Other Intangible Assets Non-Current Liabilities e) Investments a) Long-term Borrowings 368 301 645 f) Other Financial Assets 2005 54 54 54 0 2 4 10 b) Deferred tax liabilities (net) 28 27 31 g) Other Non-current Assets 3 21 c) Other long term liabilities 1 1 7 Total non-current assets 716 711 1,306 Total Non-current Liabilities 397 329 683 Current Assets Current Liabilities a)Inventories 88 63 110 a) Short-term Borrowings 242 125 228 b) Trade Receivables 239 263 311 b) Trade payables 159 162 179 c) Cash & Bank Balances 3 17 c) Other financial liabilities 1 1 2 d) Other current liabilities 17 32 31 d) Loans 18 15 99 e) Current tax liabilities 2 21 99 e) Other Current Assets 74 85 147 Total Current Liabilities 421 341 537 Total Current Assets 422 429 684 Total Equity and Liabilities 1,138 1,140 1,991 Total Assets 1,138 1,140 1,991 25#26Historical Consolidated Financial Performance Revenue (INR Mn) 2,001 1,752 1,188 1,030 FY20 FY21 FY22 FY23 Sales Volumes (CBM) 4,93,416 4,51,271 4,58,921 3,74,513 EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 501 25.04% BIGBLOC CONSTRUCTION LIMITED 301 15.04% 271 161 9.19% 104 112 15.47% 11.84% 25 25 8.75% 2.10% 2.43% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Net Debt to Equity (x) 1.7 1.7 ROE & ROCE (%) 27.50% 31.07% 1.1 10.17% 39.04% 0.9 9.71% 34.26% 8.39% قال FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 7.81% FY20 FY21 FY22 FY23 RoE (%) ROCE (%) 26#27Capital Market Information Stock Performance Data (As on 31st March, 2023) BIGBLOC CONSTRUCTION LIMITED 80% 60% 40% 20% 0% -20% Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Big Bloc Returns Sen sex Price Data (As on 31st March, 2023) Shareholding Pattern (As on 31st March, 2023) Face Value CMP 2.0 127.6 52 Week H/L 169.3/85.75 Public 27.73% Market Cap (INR Mn) 9,032.5 No. of Share outstanding (Mn) 70.8 Avg. Trading Volume ('000) 114.7 Avg. Net Turnover (INR Mn) 15.1 Promoters 72.27% 27#28Disclaimer BIGBLOC Big Bloc Construction Limited CONSTRUCTION LIMITED No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of BigBloc Construction Limited ("BigBloc"), which are expressed in good faith and in their opinion reasonable, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company's business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward- looking statements to reflect future events or developments. This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from. This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner. Valorem Advisors Disclaimer: Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review. X VALOREM ADVISORS For further details please contact our Investor Relations Representatives: VALOREM ADVISORS Mr. Anuj Sonpal Tel: +91-22-49039500 Email: [email protected] 28#29Thank You