#1PI Industries Ltd. Investor Presentation July, 2021 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. CDR India Siddharth Rangnekar [email protected] Nishid Solanki [email protected] Tel: +91 22 6645 1221/1209 Fax: +9122 6645 1213 BIOVITA VIDRANT NOM NEE OSHEEN FORNTO 100 tam ITAL INRO CURLY LOGIK દાદા WICKET MELSA BANIPES PI Industries Limited Rajnish Sarna [email protected] Manikantan Viswanathan [email protected] Tel: +91 124 6790000 Fax: +91 124 4081247#2Performance Highlights Q1'FY22 Pi Inspired by Science#3CONSOLIDATED Growth continues in Q1'FY22 YoY Revenue up by 13%, EBITDA by 8%, PAT by 29% Fig in Crores Q1FY21 Q1FY22 % YOY Revenue 1060 1194 13% Gross Margin 42% 44% 174bps Overheads 216 274 26% EBITDA 234 252 8% EBITDA as % Revenue 22% 21% (100)bps Net Profit 146 187 29% 31% -13% 807 614 446 387 252 234 8% 29% 187 146 EXPORTS DOMESTIC EBITDA PAT Q1FY21 Q1FY22 Q1 FY21 Q1 FY222 Pi Inspired by Science ✓ 13% Y-o-Y revenue growth primarily driven by: ➤ ~31% growth in Exports contributed by strong volume growth in key products ➤ Domestic business impacted due to higher base and delayed monsoon ✓ Gross Margin improved by 1.7% with change in product mix in domestic business ✓ Overheads increase of 26% is mainly attributable to one-time expenses pertaining to Covid Management and consulting fee and other costs pertaining to several strategic projects ✓ EBITDA improved by 8% YoY, however, the quarterly margin %age softened mainly on account of increase in overheads ✓ Net profit improved by 29% YoY with lower ETR 3#4Strong liquidity position showing resilience & growth appetite (Rs in Cr.) Jun-21 Mar-21 Jun-20 Shareholders' Funds 5,526 5,342 2,790 Non Current Liabilities 381 403 598 Long-term borrowings 238 257 469 Other long-term liabilities 143 146 129 Current Liabilities 1607 1257 1,390 Short term Borrowings 95 70 43 Trade payables 1029 796 921 Other current liabilities 483 391 426 TOTAL 7,514 7,002 4,778 Non Current Asset 2,534 2,509 2,226 Net Fixed Asset 2,365 2,343 2,076 Good Will 83 83 83 Non-current investments 24 21 7 Other Assets 62 62 Current Asset 4,980 4,493 Inventories 1,274 1,053 60 2,552 948 Trade receivables 930 852 831 Cash, Bank & Investments 2,526 2,327 609 Other assets 250 261 164 Total 7,514 7,002 4,778 Key Ratios (%) (Annualised) Jun-21 Mar-21 Jun-20 Net Sales to Fixed Assets 1.95 1.89 1.96 Net Sales to Working capital 4.06 4.13 4.94 Debt/Equity Ratio 0.06 0.06 0.18 Pi Inspired by Science ✓ Net sales to Fixed Asses ratio improved to 1.95 (Jun'21) Vs 1.89 (Mar'21) Positive operating Cash flow of Rs. 250 crore ✓ Increased inventory levels to avert supply chain disruptions ✓ Surplus cash net of debt of Rs. ~2,193 crore (including QIP proceeds) QIP funds remains invested into deposits and debt mutual funds with SLR philosophy while final deployment aligned with PI's longer term growth strategy is underway 4#5Key Operational Highlights Q1'FY22 Progress on strategic initiatives continues for sustained growth Capacity Build-up Capacity enhancement up to ~5% Agreements on non-conventional energy Farm Application Services sources New Enquiry/ Scale-up 3 new products commercialized for exports >30 active enquiries at different stages Digitalization, Process Improvements Pi Inspired by Science Additional machines procured Strategic partnership with a manufacturer of international repute exclusively for service • . Deployed Track and Trace System for QR coding Implemented Golden Batch project Customer Acquisition & Order book Initiated relationships with new customers in agrochemicals, electronic chemicals & other specialty chemical domains Order book position > $1.5 billion Product Penetration Aggressive placement of rice herbicide (Nominee Gold) maintaining the premium over generics Expansion of herbicide business in Corn Molluscicides expansion in horticulture segment Technology Scaleup Flow chemistry pilot facility operational Enzyme mediated synthesis of one product in pilot phase Ω Human Capital and Culture Implemented technology to improve solvent recovery New Product Launch 1 new product launched (fungicide for Sheath Blight control) Vaccination drive for all employees completed Induction of new leaders for pharma integration Udbhav - talent identification and development program completed 5#6Business outlook remains robust Targeted expansion backed by solid growth visibility to support momentum Continuous focus on new strategic initiatives to elevate performance 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 PI's product research efforts yielding promising results!! • • • • • Pi Inspired by Science Business outlook remains positive backed by normal monsoon for 3rd year in a row 3 new products expected to be launched in Q2 which would strengthen the position in rice, cotton and horticulture portfolio Products transition to new packaging in ~Q2, to improve efficiency & branding ~6 new molecules planned to be commercialized in FY22. Commissioning of 3 new molecules is under progress Another MPP planned to be made ready by Q2 FY22 Order book continues to remain robust @ $1.5bn with high visibility of sustainable growth for the next 3 years Value-driven strategic acquisition of API & Intermediate business undertaking of Ind- Swift Laboratories Limited and creating a differentiated scale play in pharma • Evaluating & negotiating complementary technology partnerships • Investing in a new R&D facility for deepening our technological capabilities, de- risking current operations and opening up newer opportunities Two promising leads; one novel fungicide and a novel broad spectrum insecticide, having sizable potential market opportunity progressing to development phase Both have shown promising results in the initial evaluations Discussions are underway with global innovators for development partnership Maintain original guidance of >15% revenue growth in FY22 and resolutely progressing on that path 6#7• • ESG principles deeply rooted in PI's culture and way of doing business Pi Inspired by Science CII-National Award for 'Excellence in Water Management 2020' 99 out of 100 score on TFS assessment - won customer award Accredited environmental management systems & infrastructure Established processes for crisis management Effective and diversified Board with majority of Independent directors . Separate role for independent Chairman & MD Robust information & cyber security infrastructure / ISO 27001 certification Effective risk assessment based on • ERM systems . Stringent guidelines around code of • conduct and coverage Disclosure of material issues • Solid innovation management COMPLIANCE • • Environmental STANDARDS GovernanceOLICIES REGULATIONS RULES 0 • Gold Star Rating: Ecovardis Survey Effective recycling & recovery of by-products and solvents to minimise waste Continued program for water and energy conservation and climate change management Controlled fugitive emissions with VOC system Social Responsibility Won Global Excellence HR Award 2020 Won CSR Program of the Year Award (DSR water conservation initiative) Committed to Responsible Care and Human Rights Known in the industry for OH&S practices Industry leading practices on talent attraction and development CSR projects for women empowerment Empowerment of farmers, scaling-up farm services, influencing the adoption of science-led agriculture practices 7#8Integration of acquired business of Isagro progressing as per plan Long term plan in place to unleash full potential Pi Inspired by Science Isagro Asia The Plan Domestic Marketing Piece Merge with JIVAGRO (100% Sub of PI) Manufactu ring/ CM Piece Merge with Pl JIVAGRO Our Aim To be one of the leading players in the horticulture segment in India >25% CAGR growth over next 4-5 years MFG SITE Augment and repurpose from current mfg set up from pharma and pilot plant perspective . . Current Update NCLT demerger order received, the integration of Isagro & Jivagro has been successfully accomplished PAN India sales permission on Jivagro brand name has been obtained and back end IT & regulatory integration has been completed Jivagro products available in new packs in Q2 FY22 Jivagro will introduce 12 co-branded and 2 new products in Q2 FY22 1 pipeline product of PI's exports commercialized in Q1 FY22 & ~3 to be commercialized in FY22 • . Merger activities are expected to get completed in Q3 FY22 Enhance capacity utilization current ~50% in Q4 FY21 to >80% from Major • synergies with PI's neighboring operations in infra & utilities are being worked out as per plan Capacity utilisation in Q1 FY22 at Isagro facility significantly improved to more than 80% 8#9JIVAGRO HORTICARE SPECIALIST Launch of Jivagro - A specialised Horticulture Crop Solution Provider Our Purpose: "To secure Our ace Brands: goodness of horticulture through innovative, sustainable solutions and partnerships" Our Mission: "To be a specialized Horticulture Crop Solution provider with Industry leadership" Our Values: JIVAGRO JIVAGRO FENVAL 20 EC DOMARK JIO4 $ JIVAGRO DISMIS JIVAGRO SIAPTON SOL JHO1 JBO3 JF01 O O INNOVATION VITALITY AGILITY INNOVATION AGILITY VITALITY KNOWLEDGE SAFETY OPENNESS OPENNESS SAFETY KNOWLEDGE Pi Inspired by Science Fenval Domark Dismiss Our Approach: Siapton ✓ Winning portfolio providing end-to-end crop solutions, anchored in specialty products & biologicals ✓ Expertise based digitally enabled front-end ✓ Leverage inorganic growth opportunities 9#10Proactive initiatives contained Covid-19 disruption SOPs in place with regular reviews / vigilant oversight to ensure safety of employees and continuity of operations P₁ Inspired by Science SOPs have been instituted to focus on alleviation of suffering of the citizenry, reassurance of customer base and maintenance of business momentum F ONGEN GENERATION P P Stringent protocols for streamlining operating and non-operating processes are in place. Workplace hygiene and safety steps have been taken to underline minimal disruption to routine functionality Customer commitment is a hallmark of our business approach. Through pro-active communication clients are being reassured and their needs are getting assessed, in real-time basis. Deployment of digital methods last year helped achieve connect with farmers and key constituents of the distribution chain, these are being activated again Manufacturing facility level processes have been augmented. Inventories of critical feedstock and ingredients are being optimally maintained such that the chain of dispatches remains un-broken. Measures to attend to the needs of the associated workforce are also in place Government-based organizations and NGOs are being supported to mitigate hardships and facilitate care, where it is most required. Various employee welfare initiatives such as providing insurances, vaccination drives, safe employee bio-bubble, oxygen concentrators/cylinders, salary advances, etc. are also undertaken Bharuch Gujarat 02 Bach, Gujarat 02 સ્વાસ્થ્ય નવા 10 2021/5/15 10:54#11Setting-up of 5 Oxygen Generation Plants Amidst the deadly second wave coupled with shortage of medical oxygen, PI Industries quickly rolled out for setting up of 5 oxygen generation plants across 5 hospitals in Gujarat, Rajasthan and Delhi Doing our bit to support govt effort and communities Provision for Oxygen Concentrators Financial assistance to the Udaipur Chamber of Commerce and Industry (UCCI) for procuring oxygen concentrator machines during this crisis • around us to fight Covid-19 Financial assistance in setting up Covid Isolation Centres Provided 50 beds and requisite medical equipment to Covid-19 Isolation Centre at Jambusar & assistance to Vasant Vihar Welfare Association, New Delhi for running Covid Isolation Centre Assistance to procure CT Scan machine Financial assistance to Arogya dham Hospital, Gwalior to procure CT Scan machine to facilitate better diagnostics & treatment for Covid 19 patients . Support of Medicines for Underprivileged Financial assistance to Rotary welfare Trust, Bharuch for procuring expensive lifesaving medicines to support the underprivileged community Awareness Campaigns • 3 Mobile Med. Vans . Community outreach programs covered >20,000 people in 64 villages •~300 people are screened daily Pi Inspired by Science PI Volunteers for community support Pl employees are volunteering to support the community (family and friends of employees) by forming self-help groups that are working round the clock to provide assistance in sharing updated and verified information OXYGEN GENERATION PLANT PI FOUNDATION Bharuch, Gujarat OXYGEN GENERATION PLANT PI FOUNDATION veaseL 11 24#12Corporate Overview & Strategy Recap.. Pi Inspired by Science#13Our Vision & Values VISION "Building on the foundation of trust, we shall be at the forefront of science-led opportunities by delivering innovative solutions." VALUES Pi Inspired by Science TRUST Like the earth, we are dependable. We work with integrity of purpose, honesty in action and fairness in all our dealings SPEED Blazing ahead, like fire, we constantly strive to work with speed in the way we observe, think and act INNOVATION Enlivening, like the air, in the constant quest for the horizon, the never-ending search for a better, newer way to do things; Innovation, for us, is a way of life ADAPTABILITY Adaptive, like water, we are constantly transforming ourselves. Being nimble footed, we are highly responsive to change 13#14PI's value proposition Pi Inspired by Science Favorable dynamics driving Indian chemical industry growth 1 • Global specialty chemicals market expected to grow at 5.4% CAGR¹ • Increasing focus on CSM as innovators shift focus to core competencies, developing new active ingredients and outsource production • M&A activities boosting specialized CSM players Emerging new areas of innovation such as batteries, coatings, etc. • Global supply chain risk diversification: China facing issues - pollution, trade wars, safety issues Business model ready to go beyond Ag-Chem 2 • Business built on end-to- end partnerships with global innovators •~90% CSM revenues from patented molecules; 60%+ domestic revenues from in-licensed molecules • Proven capabilities in agrochemicals; now ready to be replicated across other chemicals segments ⚫FY22 started with entry into pharma via strategic acquisition of API & intermediates business undertaking of Ind-Swift Laboratories Offerings across the value chain driven by strategic partnership 3 • Integrated and innovative services to provide • Comprehensive solutions by partnerships Relationships with 20+ • global innovators built on IP protection Strong tangibles: R&D, manufacturing, extensive network of intangibles: Brands • 4 Globally certified with use of Technology, 4 manufacturing facilities, 15 production blocks • 5 formulation facilities • R&D team of ~350 researchers and scientists • Technology enabled distribution network and relationships with more than 2.5 million farmers/retailers Quality governance, talent & learning skills 5 Professionals with expertise across various technical and business functions • Senior management team of qualified experienced professionals Performance over a long term period 6 • Revenue CAGR (FY18- FY21) of 25.6%2 ⚫ EBITDA CAGR (FY18-FY21) of 27.2%3 • Pre-tax RoCE of more than 20% over last 4 years4 Well positioned to capture value from changing market landscape Note: (1) FY19-24 CAGR;Source: Frost & Sullivan; (2) Revenue = Revenue from operating - excise duty; (3) EBITDA = Revenue - Cost of Materials consumed - Purchase of Stock in Trade - Changes in Inventories of FG,WIP and stock in trade - Employee Benefits expense - Other Expenses; (4) Pre-tax ROCE %=(EBITDA-D&A)/ Average Capital Employed (CE); CE=Net Debt + Total Equity. 14#15Track record of building several successful businesses, partnerships and industry leading brands Pi Inspired by Science 1946 Founded as The Mewar Oil and General Mills Ltd. Inception 1961 Ag-Chem Formulation and Marketing 1971 Mining later hived off 1976 First Technical Manufacturing plant 1985 Energy Metering, later hived off 1992 Name Changed to PI Industries Limited 1993 Facility at Panoli (Gujarat) 1993 PILL Finance and Investment Ltd. 1995 Polymer Compounding later divested 1996 Custom Synthesis & Manufacturing 2001 1st company in the Ag-chem to implement SAP New Business New Geography New Partnerships 2011 2011 GLP Certification Inauguration of PI-Sony Research Centre 2014 Germany office 2015 Formulation site setup at Panoli (Gujarat) 2004 PI Life Science Research Ltd. Joint Venture - Solinnos Established Subsidiary in Japan 2016 2007 New R&D Centre at Udaipur (PI Japan Co. Ltd) 2017 Joint Venture - PI Kumiai Pvt. Ltd. Started New Rep Office in 2008 China (Shanghai) 2019 M&A acquired Isagro Asia 2020 QIP fund-raise Rs. 2000cr Continuingly creating value propositions for the stakeholders 15#16• • . Business model built on the principles of respect for IP and Domestic Brand Market established relationships 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 Leading Ag- chem Distribution Company in India with leading market share in certain crops R&D India's largest CRAMS Company with over 90% Revenue from Patented Products Partnership SYNERGISTIC APPROACH Common Infrastructure Develop knowledge, products, processes and experience in different complex chemistries Cross-Selling Opportunities Pi Inspired by Science Exports Market 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 • 1 R&D Facility ~350 researchers and scientists • Accredited for GLP and 'Norms on OECD To service its customers 4 Manufacturing Sites Domestic Brand Distribution 28 stock points 10,000+ distributors Principles' by NGCMA 70,000 retail points • 3 Global locations Japan for business development activities China for Sourcing Germany for Knowledge Management Consistent track record of financial performance Non conflicting business model ... well respected by Global Innovators as Partners !!! 16#17Presence across the agchem value chain Strong focus on customer needs and continuous innovation CSM Exports Domestic Brands Discovery Development Scale-up Manufacturing Evaluation & Trials Regulatory services & Registrations Marketing & Distribution Customer Needs Quality Objective to be high quality producer Control all processes that impact quality of the end product Efficiency Target driven Ownership at sub- functional level Business Strategy I 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 To set bench marks Address at source Safety first culture Innovation Protect and build IP Pi Inspired by Science 17#18Differentiated domestic distribution model Driven by unique solutions thru global partnerships, brands building capabilities and market reach Strong Partner 40+ years experience 20+ Global Innovators More than 50 years Creating Market Leading Brands Significant revenue from Brands Ranked No 1 or 2 in the market, Some brands are more than a decade old Strong Pipeline Molecules based on crop solutions and Indian needs FOCUS ON INNOVATION Pi Inspired by Science Farmers & Extensive Distribution Network 28 stock points; 10K+ distributors; 70K+ retail points Extension & product development & stewardship (team experience in handling complex new-age premium chemistries) Strong relationship with stakeholders Policy level by participation Domestic Business - Brands Evaluation & Regulatory services Marketing & Trials & Registrations Distribution PROCURE REPEAT BUSINESS UNDERLYING PRINCIPLES RESPECT FOR IP DEVELOPMENT REPUTATION OF TRUST & RELIABILITY FORGE RELATIONSHIP Crop Solutions Digi-tech @Core Engagement Efficiency Excellence Farmers BENEFITS OF CROSS SELLING OPPORTUNITIES • Crop solution approach focussing farmer & using ICT (Information, Communication and Technology) Organization structure empowered with digi tech to support and demonstrate value delivery to farmers • • • Online analytics tools for farmers and employees Innovative Ideas and branding for enhancing product life cycle . Experience of successfully managing transition of products from patented to generic Application services for development & engagement Channel Enablers 18#19Custom Synthesis & Manufacturing (CSM) model is centered around our technological Pi capabilities, high sustainability quotient and world class infrastructure Inspired by Science To be the lifelong Partner of Choice for the Global Chemicals Industry by building innovative, knowledge based solutions through speed, efficiency, straightforwardness & just dealings, respect for intellectual property, society & environment Ag Chem Electronics Imaging Addatives OUR FOCUS Partner of Choice Solutions Service Lines Who Characterized by High value Niche player / boutique industry-leading supplier Low-Mid volume Process technology How Complex chemistry • IP (generation / protection) Longevity of meaningful engagement • A marriage of competent equals High Potential • Pl as 1 or 1 of 2-3 sources Consultative solution rendering & outsourcing process Customer as innovators • Reliability of services Performance Pharma FINE CHEM Pl has all that is required to be the "Partner of Choice" • Research & Development Analytical Research & Services Process Development Engineering Process Scale up Commercial Production Pre-launch " Knowledge Partnership 11 On-patent growing Specifications with control limits • . " Focus on the early stage novel molecules Reliability & predictability Repeatability On-patent mature ========= W In Technology • Process Commercial operations • Supply chain customer • End applications Off-patent Early-to-market Late-to-market " Continuous innovation for process and operational improvement. 19#20Global tailwinds offering opportunities for aggressive and multi-pronged growth strategy • Market Expansion Creation Segments Operation excellence • Brands Build • Customer Intimacy Product & services . Asset Customer relationship Management Process Customers Value-chain ― Add Products Digitization Strategic tie ups Organic Grow Smart Inorganic... Value added Technolgy • Products Assets • Niche vertical with a future Pharma/Specialty chemical High growth application areas having synergy Inorganic Value creation IP De risk & Create De risk Manufacturing concentration New formulation of existing products • • Pi Inspired by Science Create • Process Innovation Biological process development Formulation Combinations Biological with Partners . New formulations - Process • Digital Customer • Chemistry engagement Block Builders • Process engg. • Flow Digital • Information integration • Disruptive technologies in chemistry & process engineering Decision tools Deepening our technological capabilities to open new horizons Prudent financial management in place to ensure that long term shareholder value creation remains at the heart of the strategy... 20#21Domestic agri input market is expected to grow fast and Pl is well positioned to capitalize this opportunity Strong novel offerings with focus on in-licensing BIOVITA ITA VIDRANT OSHLEN INRO BANIPER CONT LOGI WICKET 8-10% projected CAGR between 2020 to 2025 Ingredients in place for PI to capitalize this opportunity 3/4 exclusive launches 25+ products in the pipeline Supported by new product launches Dedicated verticals for horticulture crops through Jivagro >25% CAGR growth estimated over next 4-5 years • Source: FICCI Report on Indian Speciality Chemicals Industry Extensive Distribution Network Robust brand building capabilities Leadership position in key crops Pi Inspired by Science 21#22With Indian gaining good market share of the global Specialty Chemical market, PI is consolidating its position with diversification into adjacencies Indian Specialty Chemicals Industry size (USD bn) Pi Inspired by Science Global Specialty Chemicals Industry size (USD bn) 1,171 18 64 32 CAGR 11.7% CAGR 12.4% 2015 2019 2025 Factors that will elevate growth for Indian Companies India's emergence as Increase in outsourcing Leadership position in an export hub manufacturing select niche for global innovators activities to India molecules and chemistries Benefits accruing out of supply chain diversification Source: FICCI Report on Indian Speciality Chemicals Industry 805 610 CAGR 5.7% CAGR 6.4% 2015 Focus on green chemistry through adoption of sustainable manufacturing practices Relationship based approach built on trust and IP protection 2019 Advantage Pl Industries 2025 Significant investments in technological advancements Proven manufacturing capabilities and expertise Complete control position and visibility around scale-up of molecules 22#23Our CSR efforts have focused on Community welfare & PI's CSR strategy focuses on: Environment 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 and 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 enhancement program skill 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 NOTE 5 PRO MI DUAL CAMERA Foundation Skill Training Foundation IndoCa Pi Inspired by Science FOUATION IL RAIN 23#24Thank You PI Industries Ltd. Corporate Off: 5th Floor, Vipul Square, B Block, Sushant Lok, Phase - 1, Gurgaon-122009 (Har), India; Tel: +91 124 6790000, Fax: +91 124 4081247. Regd. Off: Udaisagar Road, Udaipur - 313001; Tel: +91 294 2491451-5, Fax: +91 294 2491946. www.piindustries.com Pi Inspired by Science 24