#1MɅPPLS MapmyIndia MapmyIndia C.E. Info Systems Ltd Investor Presentation Q1FY2023 AUG 2022#2Q1FY23 Performance Consolidated Financial Highlights Management Commentary Business Updates Standalone Vs Consolidated C.E. INFO SYSTEMS LIMITED L MAPPLS MapmyIndia 7 www.mapmyindia.com, www.mappls.com#3Q1FY23 Performance Consolidated Financial Highlights For Q1 on a YoY basis, Revenue was up 50% to Rs 65 Cr, EBITDA up 55% to Rs 30 Cr, EBITDA Margins at 46%, PAT up 18% to Rs 24 Cr and PAT Margins at 34% FY2022 (INR Crores, unless otherwise mentioned) FY2021 YoY Growth Q1FY23 Q1FY22 YoY Growth Total Income 71.4 52.3 36.5% 242.0 192.3 25.9% Revenue from 65.0 43.3 50.2% 200.4 152.5 31.5% Operations EBITDA 29.9 19.3 54.9% 86.2 52.8 63.3% EBITDA Margin (%) 46.0% 44.6% 140 bps 43.0% 34.7% 829 bps PBT 33.7 24.9 35.3% 117.3 78.9 48.7% PBT Margin (%) 47.2% 47.6% -40 bps 48.5% 41.0% 746 bps Effective tax rate 28.1% 17.3% 25.7% 24.2% PAT 24.2 20.6 17.5% 87.1 59.8 45.6% PAT Margin (%) 33.9% 39.3% -540 bps 36.0% 31.1% 487 bps Cash & cash 392 356 382 336 equivalents - Notes - EBITDA Margin = EBITDA / Revenue from Operations Notes - PAT Margin = PAT/Total Income 3#4Q1FY23 Performance Consolidated P&L Highlights All Financial Metrics Grew Strongly: Revenue, Contribution Profit, EBITDA & PAT 50% 65.0 (INR Crores) 43.3 Q1FY23 Q1FY22 ■Revenue from Operations (INR Crores) 24.2 17.5% 20.6 37.7 43% 53.9 (INR Crores) Q1FY22 Q1FY23 ■Contribution Profit 29.9 54.9% 19.3 Q1FY22 Q1FY23 Q1FY22 Q1FY23 PAT EBITDA (INR Crores) 4#5Consolidated Revenue by Markets and Product Lines Q1FY23 Performance MARKET - A & M¹ 41% (INR Crores) MARKET - C & E 2 (INR Crores) 21% PRODUCT LINE (INR Crores) 31% 200.4 152.5 117.3 113.0 37% 65% 87.4 72.4 50% 91.7 80.0 65 43.4 33.2 37.8 31.9 23.3 83.1 25.7 60.8 20.1 17.7 27.2 Q1FY22 Q1FY23 FY2021 FY2022 QIFY22 QIFY23 FY2021 FY2022 QIFY22 QIFY23 ■Map and Data FY2021 FY2022 ■Platform and loT Q1 YoY Growth across segments accelerated versus Previous Full Year YoY Growth Notes 1) A&M: Automotive and mobility tech - - Notes 2) C&E: Consumer tech and enterprise digital transformation 5#6Management Commentary Q1FY23 Performance MapmyIndia's Q1 FY23 results demonstrated extremely strong revenue growth of 50% and high profitability margins of 46% EBITDA and 34% PAT in the past quarter. What sets MapmyIndia apart as a unique company to our customers and shareholders, is our combination of being a new-age deep-tech digital products and platforms company, which has extremely sound business and financial fundamentals. Being a highly differentiated and unique advanced digital maps, SaaS Products and API platforms company gives us tremendous operating leverage, which is reflected in our growing margins and profitability as revenue grows. Our open order book of Rs 699 Cr at the beginning of FY23, up 85% from Rs 377 at the beginning of previous year FY22, points towards strong long-term future revenue growth from existing orders in hand itself. - Rakesh Verma, CMD 66 Our strong YoY revenue growth in Q1 was broad- based with A&M (Automotive & Mobility Tech) up 65% and C&E (Consumer Tech & Enterprise Digital Transformation) up 37% on the market side. On the products side, Map & Data was up 53% and Platform & IoT was up 47%. Integration of the Gtropy acquisition and scale-up of our loT business is well underway, to address the extremely large market opportunity of selling loT & SaaS to 20 crore+ existing vehicles on road ahead of us, complementing our core automotive OEM business where we sell factory-embedded solutions to Auto OEMs to their 2 crore+ new vehicles produced per year. We continue to launch new and enhanced versions of our existing market-leading, world-class advanced maps, SaaS products, API platforms and loT devices and innovatively address more and more use cases, allowing us to become even more relevant to even more industries, customers and users." - -Rohan Verma, CEO & ED 6#7Business Update Q1FY23 • AUTOMOTIVE & MOBILITY TECH Q1FY23 Performance Auto OEMs (4W, 2W, EV) continue to increasingly adopt and go live with our NCASE suite for embedding into their vehicles, companion apps and clouds • • Market-leading 2-Wheeler EVs and 4-Wheeler SUVs from leading brands continue to go live embedded with our solutions New 2-Wheeler EV OEM and Battery as a Service / Battery Swapping Provider signed up Deeper focus on loT & logistics SaaS business with Gtropy acquisition leading to more wins and growth in the after-market as well: • • Leading Public Sector State Road Transport Corporation for App-enabled Public Transit and End-to-end Monitoring of Public Buses Consumer facing loT gadgets & subscriptions also gaining traction through retail & OEM distribution 7#8Business Update Q1FY23 • Q1FY23 Performance CONSUMER TECH & ENTERPRISE DIGITAL TRANSFORMATION Traditional Businesses & New-Age Tech Companies across segments signing up for our Digital Transformation Suite & APIs • • • Multiple Popular Online ordering, commerce and delivery tech companies for APIs Leading Footwear Brand, Steel Manufacturer, Healthcare Products Company & Marketing and Ad-tech Agency for Location Analytics Platform Leading Bank & Broadband Provider for Workforce Management Large National, State & Local Government organisations signing up for our Digital Transformation Suite, APIs & Geospatial Solutions . National Survey & Mapping Government Agency for Drone Mapping. • • State Housing and Area Development Authority for Geospatial Solution Smart City for Geospatial & IoT enabled Digital Transformation . New use cases continue to come up for our products, platforms & solutions and existing use cases continue to scale up, enabling us to service more customers, and existing customers in more ways 8#9Business Update Q1FY23 PRODUCTS & PLATFORMS Q1FY23 Performance • • • • From India, our strong maps & technology teams have built world-class, market-leading, deep- tech, advanced digital maps and deep-tech SaaS products and API-driven platforms in the areas of location & geospatial, automotive NCASE, IoT and digital transformation. We continue to innovate and build technologies at the cutting-edge, not only going deeper and enhancing our existing offerings, but also launching new market-leading, world-class advanced maps, SaaS products, APIs platforms and loT device to increase our technology and offering capabilities in newer sunrise areas such as drones, real-world metaverse, automotive CASE including ADAS, advanced 4D HD IR Digital Twin maps, low-code no-code tools and APIs for digital transformation, and our next-gen consumer-facing app & gadgets. Our Maps, SaaS products, API platforms & IoT devices are horizontal in nature, potentially addressing many different market segments and having essentially, infinite use cases. Through our marketing, sales and business development efforts we are addressing and enabling more and more use cases for more and more customers, allowing us to become even more relevant to even more industries, customers and users This ensures we offer the best, and in many cases a completely unique value proposition, to our customers and users, compared to other options, and keeps us ahead of the competition. 6#10Gtropy Acquisiton, Integration & Outlook Update Q1FY23 Performance • • Our Automotive & Mobility Tech (A&M) market, with its focus on selling our maps, technologies and IoT solutions to both the OEM market of 2 Crore+ new vehicles per year and after-market of 20 Crore+ existing vehicles on road, including fleets, representing very large, multi-billion dollar opportunities for our business to scale in future. By acquiring 76% in Gtropy, an IoT & Logistics SaaS company, and integrating our own complementary after-market retail and fleet loT business with Gtropy's existing offerings, we are creating a dedicated business with a strong leadership team that will dedicatedly focus on rapidly scaling and unlocking tremendous value in a very large, addressable market for us. There are 20 Crore+ existing vehicles on road, a significant portion of which are involved in fleet operations for goods logistics and people transportation. Selling IoT products and SaaS to vehicle and fleet owners, operators and their enterprise customers of these 20 Crore+ existing vehicles on road, is a multi-billion dollar opportunity. The Gtropy acquisition and integration complements our core automotive OEM business which focuses on selling to automotive OEMS our NCASE suite of maps, technologies and loT to embed, from the factory itself, into their 2 Crore+ new vehicles per year and their companion apps and back- end cloud. 10#11Standalone Vs Consolidated (INR Crores, unless otherwise mentioned) Consolidated QIFY23 QIFY22 YOY Growth (%) Standalone QIFY23 QIFY22 YOY Growth (%) Total Income 71.4 52.3 36.5% 68.0 52.5 29.5% Revenue from Operations 65.0 43.3 50.2% 61.9 43.3 42.9% EBITDA 29.9 19.3 EBITDA Margin (%) 46.0% 44.6% 54.9% 30.8 140 bps 49.7% 19.7 56.3% 45.5% 420 bps PBT 33.7 24.9 35.3% 34.7 25.8 34.5% PBT Margin (%) 47.2% 47.6% -40 bps 51.0% 49.1% 190 bps Effective tax rate PAT 28.1% 17.3% 24.2 2 20.6 PAT Margin (%) 33.9% 39.3% 27.7% 17.5% 25.1 -540 bps 36.9% 18.2% 21.1 18.9% 40.2% -330 bps Contribution Profit (in Rs.) 53.9 37.7 42.97% 50.8 37.7 34.7% Contribution Margin (%) 82.9% 87.1% 82.1% 87.1% Q1FY23 Performance Standalone business shows expansion in EBITDA margins and PBT margins. Consolidated vs Standalone will evolve as the recently acquired Gtropy business scales. Integration and synergy vis-a-vis the Standalone business is currently work in progress and shall be completed in next few quarters. Gtropy business has huge multi- billion dollar opportunity to scale from its current scale. As Gtropy business scales, business currently generated ~Rs 8 Cr revenue in Q1 FY23, with ~ Rs O Cr EBITDA will both grow significantly. Hence, the Revenue, EBITDA and PAT contribution of Gtropy to the consolidated business will also grow meaningfully by end of FY23. 11#12About MapmyIndia Company Overview Our Strengths Future Strategy Shareholding Pattern C.E. INFO SYSTEMS LIMITED L MapmyIndia MAPPLS 7 www.mapmyindia.com, www.mappls.com#13Company Overview About MapmyIndia We are India's leading provider of advanced digital maps, geospatial software & location-based IoT technologies serving B2B and B2B2C enterprise customers. OUR MARKET SEGMENTS Serving two distinct market segments • As a data and technology products and platforms company, we offer proprietary digital maps as a service ("Maas"), software as a service ("SaaS") and platform as a service ("PaaS"). Our Product segments - Maps and Data includes MaaS offerings; while Platform & IoT include SaaS & PaaS offerings ⚫ Having pioneered digital mapping in India in 1995, we have earned our market leadership position in this industry and built a strong moat by capitalizing on our early mover advantage, developing proprietary and integrated technologies, full stack product offerings, continuous innovation and robust sustainable business model. Automotive and Mobility Tech (A&M) ... for the India market, under our brand, MapmyIndia Consumer Tech and Enterprise Digital Transformation (C&E) . and for the world market, under our brand, Mappls MapmyIndia MAPPLS 13#14About MapmyIndia Company Profile About MapmyIndia & Mappls (C.E. Info Systems Ltd) (www.mapmyindia.com & www.mappls.com) ⚫ C.E. Info Systems Ltd (NSE: MAPMYINDIA; BSE: 543425) is India's leading advanced digital maps and deep-tech company, popularly known in India as MapmyIndia and globally as Mappls. The company offering proprietary digital maps as a service ("MaaS"), software as a service ("SaaS") and platform as a service ("PaaS"), including its advanced digital map data, software products, platforms, application programming interfaces ("APIS"), IoT and solutions to new-age tech companies, large businesses, automotive OEMs, government organisations, developers and consumers. The company has served more than 2000 enterprise customers since inception. The company pioneered digital mapping in India in 1995 and has earned its market leadership position in this industry and built a strong moat by capitalizing on our early mover advantage, developing proprietary and integrated technologies, full stack product offerings, continuous innovation and robust sustainable business model. The company also built India's very first internet mapping platform and portal, MapmyIndia.com (now called Mappls.com) in 2004. The company's free Mappls app (accessible on the web and downloadable from https://www.mappls.com) for consumers provides the best and fully indigenous maps, navigation, safety, hyper local and IoT gadget-enabled experience for Indian users. MapmyIndia has built India's most comprehensive, accurate, feature-rich and continuously updated digital map data product down to address and urban building level detail pan India, covering all towns, villages, and the entire road network of the country. The company is building not just 2D maps, but also 3D (with landmarks, terrains and city models), 4D (updating in near real-time), HD (high-definition and high-accuracy), RealView (geo-tagged 360 degree panoramas, videos and photos representing actual ground reality), and hyper-local geo-demographics data-rich maps, to continuously evolve its Al-powered Digital Metaverse Twin of the Real World. The company is also building digital maps for other regions in the world, and has integrated global maps for over 200 countries into its Mappls platform. The company's platform provides extensive and comprehensive functionalities and ever expanding set of use cases, including mapping, location and navigation, geospatial data analytics, GIS (geospatial information systems) and Al, GPS tracking and loT-based fleet management, logistics optimisation and workforce management, drone-based solutions, developer APIs, N-CASE solution suite (for Navigation, Connected vehicle telematics and services, ADAS safety i.e. advanced driving assistance systems, Shared and Electric) for Automotive & Mobility Tech (A&M), and Consumer tech and Enterprise digital transformation solution suite (C&E).#15Our Journey So Far About MapmyIndia 1995-00 2001-10 2011-16 2017-19 2020 Company was founded Launched India's internet mapping portal, mapping technologies 이 2021-22 Launched loT (GPS-based telematics) platform Started Building Al- powered 4D, HD, Digital Map Twin of the Real World in 2017 Launched real- time maps of Covid vaccine centres on Co- WIN Entered MoU¹ with Ministry of Electronics & IT & Ministry of Road Transport & Highways Built India's digital maps Launched pan-India GPS navigation system API TÓTÓ Launched map and location API Platform for developers Transportation tech, logistics optimisation & workforce automation in 2016 Note: 1) MOU - Memorandum of understanding; 2) ISRO - Indian Space Research Organization Launched nation-wide unique digital address and location identity system "eLoc" (now called Mappls Pin) Launched geospatial analytics and GIS platform; and N-CASE mobility suite for Digital Vehicle Transformation Entered MoU¹ with ISRO² Company goes public in Dec 2021 Gol announces geospatial guidelines Mappls global platform released with integrated maps of 200+ countries 15#16Our Strengths 01 02 03 B2B and B2B2C market leader for maps and geospatial products in India with a comprehensive suite of offeringsl Ever expanding use cases; Innovating to address technology paradigm shifts Large addressable market in India with industry tailwinds driving growth outlook Proprietary technology and network effect -> Strong entry barriers 06 07 08 About MapmyIndia 04 Government Initiatives: Macro-Economic Enablers for digital maps and location intelligence 888 Marquee customers across sectors with capability to up-sell and cross-sell Increasing new orders; profitable and cash generating business model with consistent financial track record Founding team supported by an experienced professional management team 09 Independent, global geospatial products and platforms company 05 16#17B2B and B2B2C market leader About MapmyIndia for maps and geospatial products in India with a comprehensive suite of offerings OUR COMPREHENSIVE SUIT OF OFFERINGS Digital Map & Geospatial Data (Products) N-CASE Automotive & Mobility (Tech Solutions Suite) Location-based IoT, Fleet & Workforce Automation (Products & Platforms) Map, Location & Navigation (Products & Platforms) + API Location- Powered C&E PIONEERING DIGITAL MAPPING IN INDIA SINCE 1995 MAPPED 6.3 Mn kms of roads³ 98.5% of India's road network2,3 7.9K+ towns³ (Solution Suite) Developer APIs & SDKs + 637K₁ villages³ 17.8 Mn places of interest 3,4 14.5 Mn house or building addresses³ Consumer location- based apps & IoT gadgets GIS, Geospatial Analytics & Geo-Al (Products & Platforms) 400 Mn+ geo referenced photos, videos & 360° panoramas Source: 1) F&S Report commissioned and paid for by the company; 2) Total Road network was 6.39 mn kms as per the Annual Report of the Ministry of Road Transport & Highways. 2021-22 Note: 3) as of date of DRHP,4) Places of interest - Across many categories such as restaurants, retail shops, malls, ATMs, hotels, police stations, petrol pumps, electric vehicle charging stations etc. 17#18Ever expanding use cases; Innovating to address technology paradigm shifts About MapmyIndia ม 掴 AUTOMOTIVE In-built Navigation devices • Connected Vehicles • Shared & EV Mobility ECOMMERCE Long haul first mile • Last mile delivery tracking FOOD DELIVERY • Address intelligence • Last mile delivery tracking TRANPORTATION & LOGISTICS • Fleet and asset tracking • Transportation data • Truck routing solutions BFSI • Geo-verification and on-boarding Usage-based auto insurance • Geo-CRM for sales TA + RETAIL & QSR • Location enabled online e-commerce • Location-based digital advertising TELECOM & UTILITIES • Field force monitoring • Optical fiber mapping and distribution analytics HEALTHCARE & PHARMA • Distribution and logistics of medical goods • Mapping of plants GOVERNMENT Geo-tagging of public assets for repair and overhaul RAILWAYS & WATERWAYS • Network and route mapping • Tracking of fleet 18#19Independent, Global Geospatial products and platform company Map & Traffic APIs Search & Integrated maps of 200+ countries LARGE CATALOGUE OF DEVELOPER APIS AND SDKS Geocoding APIs Geo-analytics & Al Vision APIs тво About MapmyIndia MAPPLS Target international markets and intend to follow MNCs customers with.. Response Time FEATURES Faster response times than ever Mobility & Tracking APIs Scalable Auto-scalable architecture to support many request Security & Monitoring Oauth 2.0 based/VA/PT certified Versioning & Docs Standardized versioning with backward compatibility Versatile Highly configurable to suit use cases Accurate Location Bias most relevant than ever Routing & Navigation APIs Natural Language Searches for what the user is trying to say Developer Friendly Easy integration and standard response code 19#20Proprietary technology.. About MapmyIndia Photo-realistic and Panoramic Maps A Data Acquisition and Processing HD maps providing photo-realistic Virtual Reality and Augmented Reality Live Traffic Update Geospatial Analytics Al-assisted mapping systems HO 4D, HD Maps with near real- time updates Advanced 3D Maps LiDAR, Cameras, and Computer Vision Interactive 2D, 3D, outdoor and indoor map rendering Enabled tech platform to automatically recognize and extract insights from images 20#21..and Network effect create Strong entry barriers ATTRACT T MORE CUSTOMERS Proprietary end-to-end technology-driven and Al- assisted mapping systems BETTER MAP PRODUCTS & SOLUTIONS, More Customers Better content & features More OEMs B Automotive OEMS Comprehensive digital map database created for India through professional field surveys, collection and compilation of geographical data More and better features & functionality Higher Adoption More Developers Corporates MapmyIndia More Customers More Customers Government Verticals Better product & solutions coverage Higher Engagement More Customers About MapmyIndia Integration of our digital maps with our internet- connected platforms Increasing usage of products by customers, creates a network (flywheel) effect Highly differentiated, unique digital asset (maps) that is difficult to replicate More depth & coverage Startups & Developers More Startups Consumers Higher Engagement Increase selection & trust More data/ features USTOMERS' USAGE DRIVES MAPS/DATA/CONCENT/USE CASE/FEATURES E Continuously increasing the value proposition of our offerings and help grow our business 21#22Marquee customers across sectors with capability to up-sell and cross-sell ABOUT OUR CUSTOMERS Target B2B and B2B2C enterprise customers 600+ customers on SaaS, PaaS and MaaS platforms¹ Serviced 2,000+ enterprise customers since inception² Long-term mutually renewable contracts of 3 to 5 years, providing continued synergy and revenue predictability Customized solutions Note: 1) In FY 2022; 2) As on date D MD About MapmyIndia LEADING ENTERPRISES ARE POWERED BY MAPMYINDIA TECHNOLOGIES PhonePe yulu □ HDFC BANK Å GIN GOODS AND SERVICES TAX NETWORK airtel AVIS. SAFEXPRESS Distribution Redefined 22#23Founding team supported by an experienced professional management team About MapmyIndia 01 LEADERSHIP TEAM Rakesh Verma CO-FOUNDER, CMD 47+ years of experience BE (Hons.), Mechanical Engineering, BITS, Pilani; MBA, Eastern Washington University, USA Rashmi Verma CO-FOUNDER, CTO 40+ years of experience BTech, Chemical Engineering, IIT Roorkee; MSc, Eastern Washington University, USA Rohan Verma WHOLE-TIME DIRECTOR, CEO 17+ years of experience BTech, Electrical Engineering Stanford University, USA; MBA, London Business School 23#24Founding team supported by an experienced professional management team About MapmyIndia 02 MANAGEMENT TEAM Sapna Ahuja CHIEF OPERATING OFFICER 17+ years with MapmyIndia BSc, Computer Science (DU); MSc, Applied Operations Research (DU) Anuj Jain CHIEF FINANCIAL OFFICER 10+ years with MapmyIndia BCom, University of Rajasthan; Chartered Accountant (CA); Company Secretary (CS); Cost and Management Accountant (CMA) Ankeet Bhat CHIEF STRATEGY OFFICER 11+ years with MapmyIndia BTech, Electronics and instrumentation (Hons), BITS Pilani Nikhil Kumar PRESIDENT, GEOSPATIAL 24+ years of experience MSc (Electronics), Kurukshetra University; Ex-Here Technologies, Trimble, ESRI Harman Singh Arora CEO, IOT BUSINESS (Gtropy) 16+ years of experience B.E, Electronics & Comm, Manipal Institute of Technology; MBA, IIM Lucknow 24#25Future Strategy About MapmyIndia Augment products, platforms and technology lead Invest to further develop innovation and technological capabilities Build a deeper and broader stack of software products Scale and expand our customer reach Expansion of relationships with existing active customers Leverage first- mover advantage with the Gol's increasing traction Drive expansion in International markets and Geospatial sector Target international markets with 'Mappls' Use integrated maps of 200+ countries Explore M&A opportunities to grow business Intend to continue pursuing selective strategic acquisitions to enter into new business segments and geographies Attract, develop and retain skilled employees Expand R&D efforts by recruiting more technical employees Formulated ESOP scheme for employees 25#26Shareholding Pattern Top Non-Promoter Shareholders % Holding Phonepe Private Limited Zenrin Co. Ltd 19.2% 6.2% Fidelity Investment Trust - Fidelity Series Emerging Markets Opportunities Fund 1.6% 54% Goldman Sachs Funds - Goldman Sachs India Equity Portfolio 1.0% Total About MapmyIndia 13% 26% 8% 2% 6% Tata AIA Life Insurance Co Ltd - Whole Life Mid Cap Equity Fund 0.9% ■ Corporate Bodies ■Insurance Companies FPI ■MFS/AIFs ■Individual ■ Others ■ Promoters Note: As on June 30, 2022 26#27Industry Overview Potentially Addressable Market Government Initiatives C.E. INFO SYSTEMS LIMITED L MapmyIndia MAPPLS 7#28Large potentially addressable market.. INDIAN DIGITAL MAP SERVICES MARKET¹ CAGR 1.6 1.8 3.7 0.1 CY20 4.2 0.3 CY25E ■Digital Maps Map Dev. & Integration Serv. ■Geo-spatial Analytics 18.3% 21.1% Source: 1) F&S Report commissioned and paid for by the company 18.0% (USD bn) Industry Overview INDIAN MOBILITY NAVIGATIONS SOLUTIONS AND TELEMATICS MARKET' 15.7 20.5 26.3 11.5 44.9 3.0 CY20 CY25E ■N-CASE ■Logistics ■Transport and Infrastructure CAGR 30.8% 31.2% 10.9% (USD bn) 28#29..With growth prospects Industry Overview aided by industry tailwinds and growth drivers across market segments INDIAN AUTOMOTIVE MARKET 1 USD 300 bn (INR 22.2 tn) Indian automotive sector by 2026 E-COMMERCE' E-commerce users in India (Mn) 2nd largest by 2034 E-commerce market in the world 885 549 Total on-road Two-wheelers Passenger Vehicles Commercial Vehicles B2C USD 127 bn vehicles in India in 2020 230 Mn 40 Mn 9.5 Mn e-commerce in 2025 27% App Downloads in India¹,2 19.0 FY19 Smartphone User Penetration1,3 68% 37.0 59% FY22E CY19 Source: 1) F&S Report commissioned and paid for by the company; Note: 2) IBEF, App Annie; 3) Datareportal FY20 FY24F Digital services market in India' 75% Digital services USD 52 bn market by 2025 12.2% CAGR (20-25) VS Legacy Services market by 2025 3.1% CAGR (20-25) CY22E CY23E 29#30Government Initiatives: Macro-Economic Enablers for digital maps and location intelligence Industry Overview Liberalization of Geospatial Sector 膳 GPS-based toll collection method Automotive Industry Standard 140 ("AIS 140”)² Digital India Land Records Modernization Programme³ Plans to make ADAS compulsory in all cars by 2022 ལ Geotagging of Companies4 Telematics in Insurance5 2021 Drone Rules, Liberalized and simplified drone regulations6 Allowed "Beyond Visual Line of Sight" flight testing of drones7 Digital India Initiatives 30#31Annual Highlights Order Book Customers Employees Inorganic Growth P&L Highlights Balance Sheet & Cash Flow Statement (Extract) C.E. INFO SYSTEMS LIMITED L MapmyIndia MAPPLS 7#32Order Book ANNUAL NEW ORDERS BREAKUP - (INR Crores) 523.6 468.2 278.7 327.2 271.4 214.6 244.9 141.0 56.9 FY2020 FY2021 ■Fixed pricing ■Volume projections FY2022 Annual Highlights PERFORMANCE UPDATE • Annual New Order Bookings continued to gain momentum with growth in orders across both A&M and C&E market segments, due to continued adoption & expansion of use cases, as well as up-selling and cross-selling to new and existing customers. Open Order Book as of April 01, 2022, stood at Rs. 699.6 Crores vs Rs 377.5 as of April 01, 2021 Historically the Open Order Book to Revenue conversion ratio has been 3-5 years. 32#33Customers Retention CUSTOMERS CONTRIBUTING 80% OF REVENUE 17 22 25 22 35 FY2019 FY2020 FY2021 FY2022 88% 91% 92% Ratio (#) Annual Highlights CUSTOMERS SERVICED 2000+ Enterprise customers since inception, including marquee names across nearly every vertical 600+ Customers on MaaS, SaaS & PaaS platform in FY22, growing by more than 100, from 500+ in FY21. Customer growth, diversification and de-concentration, as well as retention, continues to trend healthily#34Employees PERMANENT VS TEMPORARY (#) 812* 114 901 734 302 513 324 510 388 410 FY2020 FY2021 FY2022 Permanent ■Non-permanent * In addition to the 812 employees, 124 more employees of our newly acquired Gtropy subsidiary have increased our total employee base to 936. We continue to up-skill our existing employees, and also bring in higher skilled technical permanent employees, to evolve with needs of our business. Annual Highlights BREAKUP BY FUNCTION 109 117 297 513 324 406 274 303 FY2020 ■Technical (permanent) Attrition rate 12.0% FY2021 FY2022 ■ SG&A ■Technical (non-permament) 13.5% 17.5% (#) 34#35Inorganic Acquisitions in FY22 Date Name March Overview Rationale Annual Highlights Consideration GTROPY Gtropy Systems Private Limited A Company dedicated to the field of GPS based vehicle tracking solutions and its exhaustive data analytics. It serves varied industries like transportation, schools, rental car services, food & beverage services, telecom, heavy equipment, among others. This will allow us to augment our GPS tracking capabilities in vehicles. Acquired 75.98% stake for a consideration of Rs. 13.5 Crores December Pupilmesh Private Limited A young, exciting automotive tech and augmented reality metaverse tech company. This will allow us to bring to market cutting-edge augmented reality based helmets and heads- up-displays for 2- and 4-wheelers and glasses for professionals, powered by MapmyIndia's maps and technologies Acquired 9.99% stake for a consideration of Rs. 49.95 lacs. 35#36P&L Highlights 148.6 152.5 9.89% 2.58% FY2020 ■Revenue from Operations 14% 23.2 (INR Crores) 31.44% FY2021 FY2022 YoY growth Annual Highlights (INR Crores) 170.0 200.4 85% 122.4 125.8 83% 82% FY2020 FY2021 ■Contribution Profit FY2022 % Contribution Margin (INR Crores) 36% 31% (INR Crores) 86.0 35% 43% 25% 53.0 87.0 60.0 37.2 FY2020 FY2021 ■ PAT FY2020 FY2021 FY2022 FY2022 EBITDA % Margin % Margin 36#37Balance Sheet & Cash Flow Statement (Extract) Annual Highlights Consolidated FY2019 FY2020 FY2021 (INR Crores) FY2022 Consolidated Profit before tax FY2019 FY2020 FY2021 (INR Crores) FY2022 41.8 31.6 78.9 117.3 Property, plant & equipment 5.8 8.2 6.4 6.8 Adjustment for non-cash items and others 1.6 8.4 (22.6) (4.4) Changes in working capital (0.4) (1.0) 40.8 (48.5) Investments 102.5 110.2 114.8 173.8 Total non-current assets 181.6 186.6 158.2 247.8 Cash flow generated from operating activities (CFO) Income tax paid 43.0 39.0 97.0 64.5 (16.2) (12.3) (15.2) (35.7) Investments 98.2 88.5 154.2 122.6 Net Cash flow generated from Operating activities (A) 26.8 26.7 81.8 28.8 Trade receivables 23.9 31.1 28.3 43.5 Securities Premium received Cash & cash equivalents 8.2 15.1 33.6 40.6 Proceeds from sale of investments, net of purchase Payment towards acquisition of business Total current assets 157.6 171.2 269.2 268.7 Interest received on bank deposits Total assets 339.3 357.8 427.4 516.5 Dividend received Proceeds from sale of PP&E, net of purchase Equity 285.2 297.7 357.7 445.8 Investments in intangible assets of subsidiary company 7.8 (11.1) (1.9) (43.8) (28.7) (3.0) 0.4 7.8 4.7 12.9 2.6 0.6 0.1 0.2 (3.3) (5.4) (2.2) (3.9) (10.5) Lease liabilities 22.5 18.7 15.9 11.9 Income from investment property. 0.6 1.3 Total non-current liabilities 24.2 21.8 18.7 17.3 Deposit due to mature within 12 months of the reporting date included (8.4) (4.0) (16.4) 14.0 Lease liabilities 2.6 2.8 3.7 4.0 Net Cash flow used in Investing activities (B) (19.1) (1.6) (57.6) (11.2) Trade payables 4.5 6.1 4.5 19 6.1 Receipt on issue of shares 0.8 Total current liabilities 29.9 38.3 51.0 53.4 Total equity and liabilities Proceeds from borrowings, net of repayment Dividends paid 0.9 (0.3) 2.5 (11.0) (10.7) 339.3 357.8 427.4 516.5 Payment of lease liabilities including interest Corporate Dividend tax (4.0) (6.3) (5.3) (3.7) (2.3) Interest paid (0.2) (0.1) (0.1) Net Cash flow used in Financing activities (C) (4.2) (18.8) (5.7) (10.9) Cash & cash equivalents (opening balance) 4.8 8.2 15.1 33.6 Net increase/decrease (A + B + C), after effect of exchange rate changes 3.4 6.8 18.6 6.9 Cash & cash equivalents (closing balance) 8.2 15.1 33.6 40.6 37#38Annexures Glossary Disclaimer C.E. INFO SYSTEMS LIMITED 36 37 L 7 MAPPLS MapmyIndia#39Glossary Expansion of acronyms used A&M Automotive and Mobility Tech BVLOS Beyond Visual Line of Sight C&E ESRI FAME Consumer Tech and Enterprise Digital Transformation Environmental Systems Research Institute Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India FICCI Federation of Indian Chambers of Commerce and Industry GIS Geographic Information System GPS Global Positioning System MaaS/SaaS Maps/Software as a service SDK Software Development Kit Annexures 39#40Disclaimer Annexures This presentation and the accompanying slides (the "Presentation") have been prepared by C.E. Info Systems Limited ("Company") solely for information purposes and to provide background information about the Company and do not constitute an offer to sell or, recommendation or solicitation or invitation of any offer to subscribe for or purchase any securities and nothing contained herein shall form the basis of any contract or commitment whatsoever. This Presentation is strictly confidential and may not be taken away, copied, published, distributed or transmitted or reproduced or redistributed or passed on directly or indirectly to any other person, whether within or outside your organization or firm, or published in whole or in part, for any purpose by recipients directly or indirectly to any other person. This Presentation is not intended to be a prospectus, an offer letter, offering circular, offering document, information memorandum, statement in lieu of a prospectus, draft red herring prospectus, red herring prospectus, invitation, advertisement or prospectus as defined under the Companies Act, 2013 as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or any other applicable law in India. The information contained in this Presentation should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the Presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment without notice and such information may change materially. This presentation is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither the Company nor its affiliates, advisors or representatives are under an obligation to update, revise or affirm. You acknowledge and agree that the Company and/or its affiliated companies and/or their respective employees and/or agents have no responsibility or liability (express or implied) whatsoever and howsoever arising (including, without limitation for any claim, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this Presentation and neither the Company, its affiliated companies nor their respective employees or agents accepts any liability for any error, omission or misstatement, negligent or otherwise, in this Presentation and any liability in respect of the Presentation or any inaccuracy therein or omission therefrom which might otherwise arise is hereby expressly disclaimed. Certain statements contained in this Presentation may be statements relating to the Company's beliefs, plans and expectations about the future and other forward looking statements that are based on management's current expectations or beliefs as well as a number of assumptions about the Company's operations and factors beyond the Company's control or third party sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward looking statements. Forward looking statements contained in this Presentation regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. There is no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward looking statements, which speak only as of the date of this Presentation. Certain data contained in this Presentation was obtained from various external data sources, and neither the Company nor any of its affiliates, advisers or representatives has verified this data with independent sources. Accordingly, the Company and its affiliates, advisers and representatives make no representation as to the fairness, accuracy, correctness or completeness of that data, and this data involves risks and uncertainties and is subject to change based on various factors. The information contained in this Presentation is not to be taken as any recommendation made by the Company or any other person to enter into any agreement with regard to any investment. You will be solely responsible for your own assessment of the market and the market position of the Company and you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company. 40 40#41Thank You For further details please contact: Saurabh Surendra Somani Company Secretary & Compliance Officer, C.E. Info systems Limited +91 11 4600 9900 : [email protected] MɅPPLS MapmyIndia Corporate Office First, Second, & Third Floor, Plot. No. 237, Okhla Industrial Estate, Phase- III, New Delhi 110 020, India www.mapmyindia.com 41