#1TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY Gujarat Fluorochemicals Limited Investor Presentation For the quarter and year ended 31st March 2022 13th May 2022#2Earnings Update Q4FY22 Financial Trend Company Overview Core Competencies TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY 2#3Q4FY22 - Earnings Update TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY 3#4Q4FY22 Highlights GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY Consolidated Revenue for FY22 was Rs. 3954 Cr and for Q4 FY 22 was Rs. 1074 Cr up by 49% & 28% respectively on a YoY basis. Consolidated EBIDTA for FY22 was Rs. 1198 Cr and for Q4 FY 22 was Rs. 331 Cr up by 88% & 70% respectively on a YoY basis. The EBIDTA margins for FY22 were 30% and for Q4 FY 22 were 31%. Consolidated PAT for FY22 was Rs. 775 Cr and for Q4 FY 22 was at Rs. 217 Cr up by 118% & 97% respectively on a YoY basis. Commenced exports of R142b and R 125. New projects/additional capacities announced earlier are progressing as per schedule. Lithium-ion battery chemical project under construction and progressing as per schedule. 4#5Consolidated Revenue 1,004 1,074 7% 840 28% 1,074 2,651 49% GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 3,954 Q3FY22 Q4FY22 Q4FY21 Q4FY22 FY21 FY22 Figures in Rs. Cr LO#6Consolidated EBITDA & EBIDTA Margin 31% 31% 31% GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company 30% BEYOND INFINITY 331 315 5% 23% 195 70% 331 24% 638 88% 1,198 Q3FY22 Q4FY22 Q4FY21 Q4FY22 FY21 FY22 EBITDA EBITDA % EBITDA EBITDA % EBITDA EBITDA % Figures in Rs. Cr 6#7Consolidated PAT & PAT Margin 20% 201 Q3FY22 8% 20% 217 13% 110 97% 20% 217 Q4FY22 Q4FY21 Q4FY22 PAT PAT % PAT PAT % Figures in Rs. Cr 13% 355 118% GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 20% 775 FY21 FY22 PAT PAT % FY21 PAT excludes Income Tax pertaining to earlier years 7#8Revenue Business Vertical - Bulk Chemicals 393 69 ↓ 338 14% 78 146 91 178 169 Q3FY22 Q4FY22 Caustic Soda I Chloromethanes Refrigerants 338 266 78 27% 93 91 91 169 82 Q4FY21 Q4FY22 Figures in Rs. Cr GEL GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY Caustic Soda Plants running at full capacity barring planned annual shut down during the quarter. Caustic soda prices which increased sharply during last quarter have now seem to have stabilized. Demand-Supply situation expected to remain balanced for the next several quarters. Chloromethanes Plants running at full capacity barring planned annual shut down during the quarter. Prices of MDC peaked out in Q3 and have moderated in Q4. Prices are likely to be impacted going forward as additional domestic capacities are expected to be commissioned. Refrigerants Volumes and Prices have marginally improved during the quarter. Demand is expected to start strengthening from Q1 FY23. Sales of R125 have commenced and expected to grow going forward. There has been an increase in costs because of elevated energy prices. However, these costs have been more than offset by higher realizations. 00#9Revenue Business Vertical - Fluoropolymer (PTFE) TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BETOND INFINITY 386 17% 451 Fluoropolymer(PTFE) Undertook a planned annual shut down in one of the TFE plants during the quarter resulting in lower production. Demand continues to stay strong across geographies and applications. Q3FY22 Q4FY22 451 Prices have moved up due to rising demand and cost push. 290 Q4FY21 56% Figures in Rs. Cr Q4FY22 Capacity augmentation being planned in line with demand growth. 9#10Revenue ... New Fluoropolymers 156 17% 183 Q3FY22 Q4FY22 115 Q4FY21 59% Figures in Rs. Cr New Fluoropolymer GEL GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 183 Capacity utilization in Q4FY22 was around 65% on account of limited availability of R142b. However from Q1FY23 with own stable 142B production, the capacity utilization is expected to improve further. Capacity utilization during the quarter was further dented by availability of TFE (due to planned shutdown) feedstock for Micropowders. Expect to reach full capacity utilization of existing capacity by end of Q1FY23. There is substantial increase in demand for FKM, PVDF and Micro Powders which will be met with additional capacities expected to be commissioned over next 2 quarters. Prices for FKM and PVDF remain strong. Also commenced exports of R142B and VDF from Q1FY23. Q4FY22 10#11Revenue Business Vertical - Specialty Chemical TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY 49 16% 57 57 Q3FY22 Q4FY22 92 Q4FY21 38% Figures in Rs. Cr 57 Q4FY22 Specialty Chemical Production & sales during Q4 FY 22 marginally improved from the previous quarter which was impacted due to fire incident. 3 new plants are expected to be commissioned by Q1FY23. The commissioning of these plants which was expected in Q4 FY22 have been delayed due to supply chain issues. We envisage further increase in revenues from Q2FY23, with the new plants getting operational. 11#12Financial Trend nunc um, tellus vitae sodales vulputate, acerat ipsum, ut fringilla nutta felis vel dolor. Sed sem tortor, dapibus nec euismod at, semper semper see Mauria rutrum, tellus vit neme tacus placerer tps vet dalar. Sed se per semper s at, TRENDS sales performance ement Mauris rutrum, teltus vitos sodales vulputas, nunc locus placerat ipsum, ut fringilla molte fetts vel dolor. Sed sen tortor, dapibus ner utsat semper semper sem. GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 12#13Revenue, EBIDTA and PAT Trend GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 3954 1,400 4000 60% 1,198 3500 1,200 3000 2606 2651 1954 1,000 2500 800 40% 2000 1344 1302 638 553 1500 600 30% 1000 2000 24% 400 1262 1349 21% 500 200 0 FY 20 FY 21 20% FY 22 FY 20 FY 21 FY 22 Domestic Revenue Export Revenue EBIDTA EBIDTA % Figures in Rs. Cr 900 800 775 45% 700 600 500 400 300 13% 30% 355 20% 15% 200 84 100 3% 0% FY 20 FY 21 FY 22 PAT PAT % * PAT excluding exceptional items & earlier years taxation 13#14ROCE-ROE, Debt-Equity & Working Capital Trend GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY ROCE 30.00% 25.00% 20.00% 15.00% 11.92% 10.42% 10.00% 5.00% 0.00% FY 20 0.38 0.40 0.30 0.20 0.10 FY 21 Net Debt Equity Ratio FY 20 RoE 25.00% 24.48% 20.00% 15.00% 9.87% 10.00% 5.00% 2.34% 0.00% FY 22 FY 20 FY 21 Working Capital Days 20.10% FY 22 200 0.33 180 168 0.26 160 145 140 120 120 100 FY 20 FY 21 FY 22 FY 21 FY 22 * Excluding one offs and extraordinary income/loss 14#15Capex Plan FY 2022 Rs 660 Cr * As per current plans FY 2024* FY 2023 Rs. 1000 Cr Rs 1150 Cr TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY GFL is currently investing / has planned capex towards expanding its capacities for Bulk & Specialty Chemicals, Fluoropolymers and New Age Products. 15#16COMPANY OVERVIEW GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 16#17INOX GFL GROUP TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY The Inox Group, established more than 90 years ago, is a well-regarded USD multi Billion group with diversified presence. The Inox GFL group has 2 major business verticals, Chemicals and the Renewable Energy. Chemical Business GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM Gujarat Fluorochemicals Ltd, leading Indian Chemicals Company • Business verticals: Fluoropolymers, Fluorospecialities & Chemicals. • The only PTFE / fluoropolymer manufacturer in India INOXGFL BEYOND GROUP INFINITY Renewable Energy Business INOX WIND Energizing INDIA • Inox Wind Ltd is a fully integrated player in the wind energy market and provides end-to-end turnkey solutions Inox Wind Energy Ltd. Inox Wind Energy Ltd is the holding company of wind business & demerged from GFL Ltd in FY 21 17#18Business Verticals BULK CHEMICALS 30 years of expertise in Fluorine Chemistry Established player in Fluoropolymers, Specialty Chemicals, Refrigerants & Bulk Chemicals TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY FLUOROPOLYMERS Three manufacturing facilities in India, Fluorspar mine in Morocco, offices and warehouses in Europe and USA SPECIALTY CHEMICALS NEW AGE INDUSTRY Only Fluoropolymer producer in India and amongst the top few globally. Major supplier of Fluoropolymers to Europe and USA Foray into New Age Business - Chemicals & Fluoropolymers for EV- Batteries, Solar Panels & Hydrogen Fuel Cells 18#19Bulk Chemicals Vertical PRODUCTS CAUSTIC SODA APPLICATIONS • Textiles • Soaps & Detergents Alumina Largest R-22 producer and exporter from India. Major producer of Chloroform and MDC. Refron 22 CHLORODIFLUOROMETHANE CART5454 (CHCLF₂) NONFLAMMABLE GA UN 1018 tigerant 22 Refron CHLOROFORM METHYLENE DI CHLORIDE ⚫ Feedstock for Refrigerant Gas R-22 • Solvent - Pharma Pharma API Foam manufacturing • Agri-chem & Pharma Formulation 30 LB. 13.6 kg SONALLABLE Refron 410A PENTAFLUOROETHANE & DFLUOROMETHANE Refron Refrigerant 410A 25LB.11.3 kg Refron 407C T Refron Refrigerant 4070 25LBS. 11.3 kg GUJARAT FLUOROCHEMICALS LTD MADE IN INDIA DO NOT STORE AROVE EF NE PAS STOCKER A PLUS DE 50°C CIENISCH C GFLUOROCHEMICALS TED MADE IN INDIA NE PAS STOCKER A PLUS DE SEC OUR FLUOROCHIMICALS LETED STORY NEPAS STOCHERAPIE C REFRIGERANTS CTC • Air-conditioners TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY • Pesticides • Agricultural Chemicals • Plastics • Resins 19#20Fluoropolymers Vertical GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM FEP • Wire & Cable • Defense • Aerospace • Telecom • Chemical FKM • Automotive • Chemicals • Refineries • Semiconductors • Aviation Processing • Food & Pharma An INOXGFL Group Company PPA BEYOND INFINITY • Improve Surface Finish & Gloss for LLDPE • HDPE & PP Films • Partitioning Agent PRODUCTS APPLICATIONS PTFE • Oil & Gas • Pharma & CPI • Food • Automotive • Aero-space & Defense • Electricals MICRO POWDERS • ⚫ Printing Inks • Engineering plastics • Coatings • Chemical Processing PFA Semi-conductors • Aero-space PVDF ⚫ Chemical Processing • Electronics • Architecture • Industrial Finishes • Corrosion ⚫ Pharma • Paints • Electronics & Semi- conductors • Elastomers Resistant Fluid Transfer EV Batteries ⚫ Solar Panels . Oils & Greases • Cookware • Wire & Cables • Telecom • Water Treatment • Construction & Mechanical Parts Membranes • Oil & Gas Entry barriers: Technical knowhow, process safety, raw-material availability, capex intensive. Customer validation, approvals and qualifications, a time consuming & painstaking process. ➤ Huge growth potential: ➤ 5G, EV Battery, Solar Panel, Hydrogen Fuel Cells, Semi-conductors, Internet of Things, Clean Environment. Fluoropolymers have unique set of properties with no technically viable substitutes which can impart the same set of properties and performance: Fire, Weather, Temperature, Wear & Friction Resistant / Non-Wetting / Non-Stick / Dielectric Strength / Durability & Long life. 20 20#21Specialty Chemicals Vertical PRODUCTS APPLICATIONS GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY HF BASED TFE BASED KF BASED . • Agrochemical majorly Insecticides, Herbicides & Fungicides • Pharmaceutical Intermediates, • Pharmaceutical Intermediates, . Plant Growth Regulators • Agrochemical Pesticide & Intermediates • Agrochemical Pesticide & Intermediates ➤ GFL has been developing its value added product portfolio based on carbon, fluorine, nitrogen, hydrogen and oxygen. These products contribute significantly in the field of agro-chemicals, pharmaceuticals, EV battery chemicals and several more. ➤ Entry barriers: Technical knowhow, process safety, raw-material availability and product validation. Fluorine molecule are gaining traction over the conventional molecules due to increased biological activity of agrochemicals and pharmaceuticals creating more market demand. ➤ As a result most of the newly introduced pharma and agro active ingredients are having fluorine molecule attached in their final actives. ➤ GFL with its integrated value chains starting from basic raw materials offers a host of building blocks for these Specialty Chemicals. 21#22New Age Industry Vertical APPLICATIONS PRODUCTS ELECTRIC VEHICLES SOLAR PANELS PVDF Electrode Binders ⚫ PVDF Films ⚫ Back-sheet • Battery Chemicals ⚫ LiPF6 • Additives • Electrolyte Formulations • ⚫ Battery casing GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY HYDROGEN FUEL CELLS / ELECTROLYZERS • Fluoropolymers(FKM, PTFE, FEP) • Membranes • Charging Accessories GFL has developed technology and products to participate in each of these industries having huge potential and offering higher margins. Entry barriers: Technology, product development, stringent quality standards, buyer qualification, gestation period and a capex intensive integrated value chain. 22 22#23New Age Vertical-Electric Vehicle Batteries TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY APPLICATIONS ELECTRIC VEHICLES BATTERIES PRODUCTS ⚫ PVDF Electrode Binders •Battery Chemicals ⚫ LiPF6 • Additives • Electrolyte Formulations Battery casings Battery demand 2030 for EVs, energy storage and consumer electronics is estimated at 2633 GWH with EV battery chain providing revenue opportunities of 300 Billion US$ by 2030. (Source: World Economic Forum, Mckinsey Analysis dated October 2019). Almost a dozen companies are planning to set up EV Battery manufacturing plants in India over the next few years, in line with the Government push to make India a significant global manufacturer of EV vehicles. GFL is in the process of setting up an integrated battery chemicals complex. In addition, GFL has developed suitable PVDF grades for cathode binder application. This initiative will require significant capex in the next few years and will ensure a robust growth in revenues and profits. DISCHARGE CATHODE (+) ALUMINIUM CURRENT COLLECTOR ELECTRON 00000 LITHIUM-ION BATTERY ELECTROLYTE PVDF BINDER LI-METAL OXIDES Li 00 00 CHARGE ANODE (-) CATHODE (+) ELECTROLYTE COPPER CURRENT COLLECTOR ALUMINIUM CURRENT COLLECTOR ANODE (-) COPPER CURRENT COLLECTOR LI-METAL CARBON LITHIUM ION PVDF SEPARATOR ELECTRON Li LI-METAL CARBON PVDF BINDER LITHIUM ION PVDF SEPARATOR LI-METAL OXIDES 23#24New Age Vertical-Solar Panels TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY APPLICATIONS PRODUCTS SOLAR PANELS . PVDF Films ⚫ Back-sheet Under the Solar Mission, to reduce both the carbon emissions and the dependance on imports of oil, the Indian Government has announced a very ambitious target of achieving 450 GW of renewable energy by 2030. Solar panels are the heart of solar power plants and these contain back-sheet based on PVDF film. GFL is setting up India's first PVDF solar film project which will be commissioned in the next financial year. With our own integrated PVDF manufacturing facilities, this plant will be ideally suited to cater to both the domestic and international markets. 6 1 Al Frame �Glass Solar Cells Connecting ribbons Back Sheet - PVF/PVDF ◆ Junction Box �EVA Sheet Solar Panel 24#25New Age Vertical-Hydrogen Fuel Cells/ Electrolyzers APPLICATIONS PRODUCTS HYDROGEN FUEL CELLS / ELECTROLYZERS Fluoropolymers (FKM, PTFE, FEP) • Membranes Charging Accessories TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOX GFL Group Company BEYOND INFINITY Green hydrogen has the potential to decarbonise industry, transport, energy and heating leading to significant emission reductions. There are around 200 hydrogen fuel cell projects currently announced in Europe alone, with investments focussed across multiple industries, from transport to heavy industry. (Source: Hydrogen Council, Europe). In India, major business houses have already announced huge capital outlay in the hydrogen sector. Electrolysers enable the transformation of renewable energy such as wind and solar power into green hydrogen. Fluoropolymers are integral to the functioning of Electrolysers. In addition, fluoropolymer based proton exchange membranes (PEM) form the heart of fuel cells and electrolysers. GFL with its rich experience and a portfolio of major Fluoropolymers is well equipped to cater to the Fluoropolymers required for the hydrogen electrolysers, fuel cells and charging stations. GFL has also taken up the project to indigenously develop and produce the PEM membranes. GFL expects this initiative to offer a sustained business growth over the foreseeable future. POLYMER ELECTROLYTE MEMBRANE (PEM) FUEL CELL FLOW OF CURRENT GAS DIFFUSION e LAYER 02 FUEL CELL H2 GAS DIFFUSION LAYER H2 H₂O CATHODE (+) ANODE (-) POLYMER ELECTROLYTE MEMBRANE (PEM) 25 25#26TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY capability service expertise core specialty skills competency knowledge quality ability advantage differeiator 26 26#27Core Competencies Integrated Plant Operations Manufacturing Capabilities Global Presence GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 27#28Integrated Operations * Proposed Natural CPP Power Salt Gas / Coal Fluorspar CAUSTIC-CHLORINE Chlorine Methanol CHLOROMETHANES H₂SO 4 Chloroform AHF R-22 VCM HFP ↓ * VDC PVDF R142b VDF FKM PPA FEP TFE PFA PTFE Micropowders Suspension PTFE Virgin / Modified GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY Emulsion PTFE Virgin / Modified GFL's vertically integrated facility makes it one of the most reliable producers, of a wide range Fluoropolymers, globally. of Integration play helps GFL to maximise value addition. 28#29Manufacturing Facilities RANJIT NAGAR, GUJARAT, INDIA DAHEJ, GUJARAT, INDIA TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company JOLVA, GUJARAT, INDIA BEYOND INFINITY Specialty Chemicals & Refrigerants Commissioned in 1989 Largest Refrigerant Capacity in India ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified Fluoropolymers, Specialty & Bulk Chemicals Commissioned in 2007 Largest Fluoropolymer Plant in India Vertically Integrated Plant ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified Fluoropolymers, Specialty & New Age Chemicals Under Phased Commissioning 29 29#30Research & Development Enables customised solutions and develop sustainable technology Collaborates with renowned educational and research institutes Equipped with team of highly efficient researchers, scientists and product specialists, with state of the art equipment including application development laboratories DST approved Fluoropolymers Research and Application development centre GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company BEYOND INFINITY 30 30#31Regulatory Compliance ROHS ROHS - Restriction of Hazardous Substances MECHA EUROPEAN CHEMICALS AGENCY USC US Pharmacopeial Convention USP Class VI - United States Pharmacopeia - SVHC Substances of Very High Concern 3A - Sanitary standards for design and fabrication of equipment FDA FDA - Food and Drug Administration R 15-2004-2011 EC 1935/2004 - European Commission GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM An INOXGFL Group Company gatonation A REACH BEYOND INFINITY REACH - Registration, Evaluation, Authorization and Restriction of Chemicals R 2004 C-10/201 EC 10/2011 - European Commission WRAS WATER REGULATIONS ADVISORY SCHEME WRAS - Water Regulation Advisory Scheme 31#32Sustainability Awards & Certification asra Asia Sustainability Reporting Awards 2020 CATMORTY Asia's Best Sustainability Report [First Timel GOLD GUJARAT FLUOROCHEMICALS LIMITED PRESENTED ON MASS CSRWorks Rajesh Catara fedty FRA SGUK SILVER 2021 ecovadis Sustainability Rating Thaaghi cadershi www.C.COM/ CERTIFICATIONS Health - Safety - Environment Ethics ISO 14001: 2015 ISO 9001: 2015 ISO 45001 2018 ISO 37001: 2016 ISO/IEC 27001:2013 SA8000:2014 TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY OVERALL SCORE(2021) Gujarat Fluorochemicals Ltd (Group) is in the top 7% of companies rated by EcoVadis in the Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms industry. Publication date: 30 Mar 2021 Valid until:30 Mar 2022 Social Responsibility We have aligned all our Internal & Supply chain processes as per the following standards ISO 26000 2010 ISO 20400: 2017 32 32#33GFD GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM For further queries: Vibhu Agarwal Head Investor Relations e-mail: [email protected] Manoj Agrawal Chief Financial Officer e-mail: [email protected] Bhavin Desai Company Secretary e-mail: [email protected] An INOXGFL Group Company BEYOND INFINITY 33#34Thank you TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY This presentation and the following discussion may contain "forward looking statements" by Gujarat Fluorochemicals Limited ("GFCL" or "the Company") that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of GFCL about the business, industry and markets in which GFCL operates. These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond GFCL's control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of GFCL. In particular, such statements should not be regarded as a projection of future performance of GFCL. It should be noted that the actual performance or achievements of GFCL may vary significantly from such statements. Accordingly, this presentation is subject to disclaimer and qualified in its entirely, by assumptions and qualifications and therefore, the readers are cautioned not to place undue reliance on forward looking statements as a number of factors could cause assumptions, actual future results and events do differs materially from those expressed in the forward looking statements. 34