#1W EXIDE Exide Industries - Investor Presentation May 2022 EXIDE 75 SPEEDING AHEAD SINCE 1947#2W EXIDE Agenda 1 Business Overview 2 Automotive Vertical 3 Industrial Vertical 4 New Business: Lithium-ion Batteries LO 5 Key Financial Highlights 6 Sustainability Initiatives & CSR WhatDrives You EXIDE EXIDE EXIDE 75 SPEEDING AHEAD SINCE 1947 2#3W EXIDE Business Overview EXIDE 75 SPEEDING AHEAD SINCE 1947 3#4EXIDE 75 SPEEDING AHEAD SINCE 1947 W EXIDE Business at a snapshot 75+ Years of Operations in India Presence in 60+ Countries 10 Manufacturing Plants 57 million Automotive Batteries produced p.a. 5 billion AH of Industrial Power Supply p.a. 2.4 million Units of Punch Grid Batteries produced p.a. Rs. 12,500 crore+ Market Capitalization Rs. 12,000 crore+ Revenues Rs. 750 crore+ PAT 4#5W EXIDE Key Milestones - A Cherished Journey EXIDE 75 SPEEDING AHEAD SINCE 1947 First factory established in Shyamnagar, West Bengal R&D established in Kolkata, West Bengal Chloride Industries Ltd. renamed as 'Exide Industries Ltd.' Takeover of industrial undertakings of Standard Batteries Ltd Foray into lead smelting operations through subsidiary 'Chloride Metals Ltd.' Acquisition of second home UPS manufactur ing facility at Haridwar . Forays into manufacturing of Lithium-ion batteries and battery management solutions Exide celebrates 75 years of its existence in India 1947 1969 1976 1981 1995 1997 1998 2003 2008 2011 2012 2018 2022 Second factory established in Chinchwad, Pune Third factory established in Haldia, West Bengal Fourth factory established in Hosur, Tamil Nadu Commissioning of plant in Bawal, Haryana Acquisition of first home UPS manufacturing facility at Roorkee Exide enters into joint venture with Leclanche SA for lithium-ion batteries modules and packs manufacturing 5#6EXIDE W EXIDE Comprehensive product portfolio serving multiple applications We manufacture batteries for multiple applications in automotive sector Vehicular Non-Vehicular SPEEDING AHEAD SINCE 1947 We are a reliable power solution provider for all industrial applications Power Exports Solar 4-Wheeler 3-Wheeler Industrial applications ☐ Traction H-UPS Railways 2-Wheeler E-Rickshaw Wide range: 2.5 Ah for 2-wheelers to 260 Ah for Non- vehicular Wide range of warranty period: 12 months to 77 months (flat + pro-rata) Projects I-UPS Telecom Industrial batteries range: 7 Ah to 3200 Ah for multiple applications Other application areas: Batteries for submarines 6#7EXIDE ✪ EXIDE Eminent Board of Directors with rich experience and expertise 75 W Mr. Bharat Dhirajlal Shah Chairman and Independent Director Mr. Asish Kumar Mukherjee Director Finance and Chief Financial Officer Mr. R.B. Raheja Vice Chairman and Non-Executive Director Mr. Arun Mittal Director - Automotive Mr. Subir Chakraborty Managing Director and Chief Executive Officer Mr. Avik Roy Director Industrial - SPEEDING AHEAD SINCE 1947 Mr. Sudhir Chand Independent Director Ms. Mona N Desai Independent Director Mr. Surin Kapadia Independent Director 7#8W EXIDE Shareholding pattern and major institutional investors SHAREHOLDING PATTERN AS ON MARCH 31, 2022 Marquee Institutional Investors Flls 10% Others 25% Dlls 19% Promoters 46% LIC भारतीय जीवन बीमा निगम LIFE INSURANCE CORPORATION OF INDIA ICICI PRUDENTIAL MUTUAL FUND TARAKKI KAREIN! SBI MUTUAL FUND EXIDE 75 SPEEDING AHEAD SINCE 1947 HDFC MUTUAL FUND BHAROSA APNO KA ICICI PRUDENTIAL! LIFE INEVRANTS JUPITER ADITYA BIRLA CAPITAL FRANKLIN Ckotak Mutual Fund TEMPLETON Vanguard NORGES BANK INVESTMENT MANAGEMENT NORTHERN TRUST CDPQ STATE STREET. JPMORGAN CHASE & Co. 8#9W EXIDE Manufacturing plants: Proximity to clients drives agility & efficiency Bawal EXIDE 75 SPEEDING AHEAD SINCE 1947 MC battery plant Ahmednagar MC battery plant Prantij, Gujarat Nexcharge plant Taloja Auto battery (SF) CML, Markal Chinchwad Auto battery plant Haridwar & Roorkee Home UPS manufacturing Shamnagar First Exide plant Auto & Industrial batteries CML, Haldia Haldia One of the largest integrated battery manufacturing hub in S.E. Asia CML, Malur Hosur Auto & Industrial battery Auto OEM hub Our manufacturing locations are in close proximity to the automotive clusters across the country 9#10EXIDE R&D focus enables delivery of advanced technical solutions Exide R&D Centre, Kolkata Established in 1976 WhatDrives You Buy your favourite battery. EXIDE Recognised by DSIR (Ministry of Science and Technology, Gol) since 1977 International Technical Collaborations and JVs Japan Brazil Moura Batteries Furukawa Battery Company Showa USA China East Penn Manufacturing SVOLT Energy Solutions Co. Ltd Advance Battery Denko (formerly Concepts Hitachi Chemical Co.,Ltd.) Switzerland Leclanche SA Key Highlights • • EXIDE 75 SPEEDING AHEAD SINCE 1947 Launched first M3 level compliant ‘EFB' battery for emission- controlled vehicles of leading German OEMs Exide is supplying advanced ISS batteries to country's largest OEM In the final phase of launching the path-breaking ‘Ultra' battery for automobile applications New product range, COPZS and COPzV, developed for renewable energy storage received positive response from the western markets Enhancing focus on green manufacturing solutions: developed a superior grade of recycled lead which is at par with primary lead, in partnership with our subsidiary Chloride Metals Ltd. Focus on using recycled plastics and recycled materials for all packaging applications ISS - Idle Start Stop, EFB - Enhanced Flooded Batteries 10#11W EXIDE Automotive Vertical EXIDE 75 SPEEDING AHEAD SINCE 1947 11#12W EXIDE EXIDE Comprehensive product portfolio under 3 power-packed brands 75 SPEEDING AHEAD SINCE 1947 PVS CVs Tractors 3-WHS 2WHS Inverter HUPS EXIDE EXIDE Mileag EXIDE XPRESS EXID JAI KISAN SF BATTERIES SF SONIC BOL 2 DYNEX DYNEX 30 S BATTERY DINEXNOL EXIDE EKO SF SF SE DYNEX DYNEX DYNEXNOL 30 EXIDE EXIDE INDATUBULAR SE 48 W MONTH WARRANTY 724 DYNEX DYNEX SF BATTERIES DYNEX SF POWERSMART SINEPROCU 12#13W EXIDE Pan India distribution network ensures faster service Exide Care: Exclusive Exide Outlets to customer Wide distribution network ensures excellent customer experience 70,000+ Direct & Indirect Dealers 650+ Members sales team EXIDE Care 1900+ Exide Care Outlets 75+ warehouses and Sales offices Exide Batmobile - for ensuring hassle-free doorstep service PRESENTING EXIDE +3ATMOBILE DOORSTEP SERVICE OBILE EXIDE GATMOBILD EXIDE 75 SPEEDING AHEAD SINCE 1947 Quick, efficient and hassle-free doorstep service for your Car battery, *Inverter battery and HUPS. Quick Response Immediate Assistance Assurance of Safety BATMOBILE service is available for - • Car Battery • Exide Battery Inverter Exide H-UPS 13#14W EXIDE Resilient business model enables to deliver growth & market share gains Domestic markets Double Digit sales growth in all verticals in FY22 (despite lockdown) Exports Significantly high double digit Sales growth in auto exports in FY22 EXIDE 75 SPEEDING AHEAD SINCE 1947 Market share gains driven by higher than industry growth Greater Penetration in GCC countries, USA and Canada 14#15W EXIDE Automotive Vertical: Future Business Strategy • A Revenue Growth Product Launches in aftermarket segment + B Operational Efficiency سا C Margin Expansion • Partnering with OEMs for new launches • Expanding international Supply chain transformation project Revamping the distribution model Focus on creating optimum product mix higher share of - premium products footprints Enhancing Customer engagement EXIDE 75 SPEEDING AHEAD SINCE 1947 15#16W EXIDE Auto volumes likely to see uptick in the demand scenario Auto volumes are exhibiting a gradual recovery post the adverse impact in FY21 due to the coronavirus pandemic Passenger Vehicles 3.5 • 3.8 4.0 4.0 3.4 3.1 3.7 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Commercial Vehicles 0.8 0.8 0.9 1.1 0.8 0.6 0.8 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Two wheelers 18.8 19.9 23.2 24.5 21.0 18.3 17.7 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Overall Automobiles 23.9 25.3 29.1 30.9 26.4 22.7 22.9 FY16 FY17 FY18 FY19 FY20 FY21 FY22 EXIDE 75 SPEEDING AHEAD SINCE 1947 We are cautiously optimistic about further improvement in the demand Experts estimate automobile sales to grow by 5%-9% in FY2022-23 Improving consumer sentiments, continued preference for personal mobility, and an uptick in economic activities will be the key demand drivers Gradual stabilization of semi-conductor supply chains will support in increasing production Increasing demand for made-in-India two-wheelers in countries like Africa, Latin America and Southeast Asia to boost exports Increasing international demand for Indian agriculture products to improve farmer's income: benefits CVs and 2-W segments Source: Production Volumes, SIAM Note: Volume in unit Millions 16#17EXIDE 75% SPEEDING AHEAD SINCE 1947 W EXIDE A Exide Integra Aftermarket product launches serving evolving market demand EXIDE integra SF Protubular and Protubular+ Inverter Batteries Exide ISS batteries for the aftermarket segment LIVE THE LI-ION LIFE Integrated power back-up system with Li-ion series 60 SF BATTERIES Pretubule 60 PRESENTING EXIDE Mileage ISS EXIDE Mileage ISS 55 manTh warranty . • • First-of-its-kind integrated power back-up system Home UPS system backed with Lithium Ion (Li-Ion) battery storage New-age LCD display with leading industry-first technologies • • Tall Tubular Technology with high pressure die-casted plates designed for longer battery life Easy-to-maintain products Excellent customer response • • • Now GET MORE FOR YOUR HYBRID CARS After success of ISS batteries with OEMs, Exide introduced ISS batteries in aftermarket vertical Faster charging and greater shelf life Improves vehicle's fuel efficiency 17#18W EXIDE A Fostering relationship with OEMs in the domestic markets and expanding footprints in the international markets Partner of choice by OEMs for their new launches New Models launched exclusively with Exide Batteries: ➤ Maruti Suzuki Baleno ➤ Hyundai Alcazara ➤ MG Motors Astor Strong focus on Exports business EXIDE 75 ➤ Export revenues have doubled in the last 2 years New products and new technologies under 6 brands SPEEDING AHEAD SINCE 1947 ➤ Increasing distribution network and manpower to cater to growing demand Large retailers in USA are looking for alternative sourcing destination in Asia, apart from China and Korea 82 ALCALAR EXIDE INDEX DYNEX CHLORIDE CEIL TRUSTED BATTERY SYSTEMS BLACK PANTHER 18#19W EXIDE A Enhancing customer engagement through digital initiatives & brand outreach Sales & customer service powered by digital Interventions and Analytics EXIDE 75 SPEEDING AHEAD SINCE 1947 Legacy brands with a revamped identity • Data Collection and 100% visibility on secondary sales • PowerBi reporting system for sales and marketing services Empowering channel partners through digitization initiatives EXIDE ACCESS BUSINESS SOLUTION FOR DEALERS EXIDE SF DEALER SALESFORCE SOLUTION 12:30 EXIDE HUM AFAR • Personalized customer engagement Sharp reduction in turnaround time • Lower warranty costs Digitisation of channel - Apps for dealers & sub-dealers Exide INDIA'S NUMBER 1 BATTERY BRAND NOW IN A BRAND-NEW LOOK EXIDE EPIDO EXIDE EXIDE EXIDE INVATUBULAR EXIDE EXIDE Creating synergies between sub-brands with more emphatic Exide branding SF Batteries New Logo has stronger association with "Battery category" DYNEX /BATTERY -SF BATTERIES Dynex A re-energized identity and logo 19#20W EXIDE B Digitizing supply chain & energising distribution network Digitizing supply chain Manages the end-to-end supply chain and offers solutions for production and procurement planning Energising Distribution network EXIDE 75 SPEEDING AHEAD SINCE 1947 Empowering distributors to enhance customer reach though Direct Sales Representative Consolidation of distribution network Depot rationalization • Supports inventory management and cost-of- carrying charges • Increases forecast accuracy • Warehouse footprint optimisation • Optimisation of the transport cost 閨 • Marketing costs savings • Better Inventory management 20 20#21W EXIDE Industrial Vertical EXIDE 75 SPEEDING AHEAD SINCE 1947 21#22W EXIDE Unique and Diverse Portfolio - Serving A wide gamut of IUPS-> industries Solar → Traction → EXIDE 75 SPEEDING AHEAD SINCE 1947 EXIDE NXT+ +++ EXIDE EL EXIDE SOLATUBULAR POWERSAFE XHD PLUS Telecom → 40 Railways → EXIDE M EXIDE T EXIDE 3EV 200 Power & Projects → EXIDE THP-43 EXIDE TM300P 22 22#23W EXIDE Strong performance delivered despite headwinds from pandemic and inflation Business Highlights EXIDE 75 SPEEDING AHEAD SINCE 1947 1 Market Leadership 2 3 4 Growth Outperformance Exports as a force multiplier Cost Consciousness #Leading position in the overall Industrial battery space High Growth in IUPS, Telecom & Traction verticals, (above relevant markets) Very High Growth in Exports with entry into new markets (France, South Korea) Further inroads into existing ones Reduction in Conversion Cost to partially offset RM Cost Surge (v/s FY21) 23#24W EXIDE Focus on building brand presence and enhancing customer connect Creating Presence... 1 EXIDE 75 SPEEDING AHEAD SINCE 1947 2 Building Brand Resonance COLL WIM HM - TRUSTED BATTERY SYSTEMS CEIL CTL Foray into Microgrids 3 Digitalizing Customer Journey EXIDE EDGE Enhanced Digitally for Greater Excellence Material Handling Middle East at Dubai Expo 2021 MEE 2021, region's largest solar exhibition, Dubai Lead Acid Battery Banks at a newly commissioned microgrid project in Kolkata Creating new value for our customers using data and technology 24#25W EXIDE Betting on multiple technologies to address storage market EXIDE 75 SPEEDING AHEAD SINCE 1947 Hosur ESS Gel Based VRLA Hosur ESS Lithium lon Tata Power DDL Lithium Ion Exide CESC BESS Gel Based VRLA CESC Microgrid Gel Based VRLA IDE O CEXTE EXIDE EXIDE EXIDE EXIDE SOPzV 420 SOPEV 420 GORZY 420 EXIDE EXIDE Applications: Energy Shifting, PV Smoothing Applications: Energy Shifting, PV Smoothing Applications: Peak Shaving, Frequency & Voltage Regulation Applications: Load Levelling, Voltage Regulation Applications: Micro-grid, Emergency Supply to critical Load 25#26W EXIDE Industry trends: Opportunities galore as India prepares to take the winning leap EXIDE 75 SPEEDING AHEAD SINCE 1947 Data centre boom1 India's ambition 300GW Rural internet penetration Digitalization solar by 2030 Govt. impetus on Infra spending Data privacy laws Solar PLI scheme to add thrust Rapid growth in modern warehousing2 5G rollout and demand for greener infrastructure Opportunity for lithium lon IUPS Solar 1Data Centre industry in India to cross 1.3 GW capacity, grow 2.4X by 2024: JLL 2 India Warehousing Market Report 2021 - Knight Frank Traction, power & projects, railways Telecom 26#27W EXIDE Enriched product range across verticals to address industry trends EXIDE 75 SPEEDING AHEAD SINCE 1947 EXIDE WWERSAFE EXIDE AWERSAFE EXIDE EHP EHP EHP EXIDE SUNDAY SOLAR SOLUTIONS EXIDE SOLATLELLAR EXIDE YHP Plante Batteries ORC Traction Range Upgraded data centre EHP series batteries End-to-End & rooftop solar solutions Top of the line batteries for standby & traction 27#28W EXIDE Strategy framework: Our operating model uniquely positions us to deliver results EXIDE 75 SPEEDING AHEAD SINCE 1947 Guided by our Target Sustained Profitable Growth Growth Focussed Return Focussed 1 2 3 4 Rooted in our Strategy > Revenue Growth Capacity Utilization Operational efficiency Margin Expansion Reinforced by Enablers > Customer Outreach Bolster Exports Debottleneck Capacity Augmentation . Industry 4.0 Automation Projects Improve Mix Enhance Offerings 28#29W EXIDE By leveraging our industry leading products & strong sales network Kal Revenue Growth Customer Outreach & Network Expansion Exports as an engine of growth Digitalize customer journey Capacity Utilization Debottlenecking projects to maximize asset usage Augment Capacity - Investing in growing markets (Traction Cells, Medium VRLA) EXIDE 75 SPEEDING AHEAD SINCE 1947 Continue to outperform underlying markets 29#30W EXIDE And anchoring 'profitability focus' into everything we do... EXIDE 75 SPEEDING AHEAD SINCE 1947 Operational efficiency - Industry 4.0 Improve Operational efficiency (implemented in Hosur) Automation Projects - To gain productivity Margin Expansion Improve Mix: Focus on aftermarket (IUPS & Traction) Enhance offerings: Premiumization to drive bottom-line growth Raise the bar on profitability 30 30#31W EXIDE EXIDE 75 SPEEDING AHEAD SINCE 1947 New Business: Lithium-ion batteries 1. Grow the Li-ion batteries pack and module business under our brand Nexcharge 2. Setting up a Lithium-ion cell manufacturing facility 31#32W EXIDE India's annual lithium-ion battery demand expected to reach -28 GWh by 2025 and -90 GWh by 2030 EXIDE 75 SPEEDING AHEAD SINCE 1947 Segment Sub-segment 2025 Market Size (GWh) 2 Wheelers 8.2 2030 Market Size (GWh) 27.7 3 Wheelers 4 Wheelers Mobility 0.8 3.2 5.3 29.2 LCV + HC Buses 0.9 3.1 1.4 4.8 Mobility 16.7 68 DG Set off 0.9 5.1 UPS Battery 1.1 2.5 Telecom 1.9 2.2 Industrial Renewables ESS 5.6 8.0 Others 1.6 3.7 Industrial Total (Mobility + Industrial) Source: Internal Assessment 11.1 21.5 27.8 89.5 32#33W EXIDE Exide has built an early lead in the lithium-ion battery market through pack & module business... nexcharge Exide Leclanche Energy Private Limited Our Headquarters in Prantij, Gujarat Nexcharge existing land: 53,261m² Existing built-up area: 9,528m² Located in automotive hub of Gujarat Capacity 1.5 GWh Our Li-ion Pack Assembly Lines • • • • US$ 42 Mn invested so far for 84.90% stake Pouch/Prismatic/Cylindrical cell to module Module to pack/rack Cell testing lab Prototype and pilot line PRANTIJ Gujarat BENGALURU Our Facilities in Bengaluru, Karnataka . Facility 1: Offshore R&D center, Ozone Manay Technology Park EXIDE 75 SPEEDING AHEAD Facility 2: Nexcharge DIA (R&D), Manyata NXT Our Capabilities Electronics & firmware development Mechanical & thermal design Software development Our Key Propositions • Full technology ownership SINCE 1947 Karnataka Customised and integrated solutions • Local manufacturing . Sustainable initiatives Commercial production has started#34W EXIDE ...which provides energy storage solutions across verticals Transportation EXIDE 75 SPEEDING AHEAD SINCE 1947 VANHOOL Industrial & Utility Focus Areas Two wheelers: Light Duty, Medium Duty, & Heavy Duty Three Wheelers: E-rickshaw, E-Auto & E-Loader Passenger Vehicle and Commercial Vehicle (Buses & Trucks) Battery Swapping Stations Rail and Marine Off highway equipment Robots Bulk Chargers Focus Areas Commercial & Industrial EV Charging Hybrid Power Generation & T&D Microgrids & Islands Renewable integration Telecom Residential ESS & Street Lightening UPS & data Centers Nexcharge has successfully received orders worth Rs.260 crore to be executed over 18 months 34#35W EXIDE ...and has 'state-of-the-art' manufacturing facility • • • Key features of the facility: EXIDE 75 SPEEDING AHEAD SINCE 1947 Developed in Switzerland with key controls on Safety and Process Flexible to handle different variants of cell All Stations supervised with MES Control Focusing on new technology developments: • In process of designing batteries with superior thermal management that protects from diverse climatic conditions and misuse Having a strong focus on safety and has developed technology that exceeds industry standards 35#36W EXIDE Exide is establishing a state-of-the-art lithium-ion cell manufacturing plant Exide Energy Solutions Ltd. SVOLT SVOLT Energy Solutions ➤ Wholly owned subsidiary set-up for lithium-ion cell manufacturing ➤ Multi-gigawatt green field project ➤ Manufacturing of advanced chemistry cells (cylindrical, pouch, prismatic) ➤ Manufacturing, assembly and sale of battery modules and battery packs Total project capacity of 12 GWh to be completed in phases in next 8-10 years Spin-off of Great Wall Motors and headquartered in China ➤ One-stop product portfolio for Li-ion batteries -3000 R&D team members and -500 experts with rich experience of lithium-ion battery R&D and mass production ➤ Currently, SVOLT is in the process to expand the capacity to 600 GW by 2025 EXIDE 0000 EXIDE 75 SVOLT SPEEDING AHEAD SINCE 1947 ➤ Multi-year technical collaboration agreement for li-ion cell manufacturing ➤ Support for setting the plant on a turnkey basis 36#37EXIDE Key next steps on the lithium-ion cell manufacturing project Segment Land Key next steps EXIDE 75 SPEEDING AHEAD SINCE 1947 • We are in advanced stages of procuring the land parcel for the green-field project in the state of Karnataka Technology Project Timeline Funding Project Construction . Organization · Continue jointly working with SVOLT to achieve key milestones across workstreams First phase likely to take 27-30 months for completion • Initial funding to be met through internal accruals and bridge financing • In discussion with various construction companies for project construction on a turnkey basis . Onboarding of ACC senior team under progress To Develop & align training plan for R&D with SVOLT post team finalization 37#38W EXIDE Key Financial Highlights EXIDE 75 SPEEDING AHEAD SINCE 1947 38#39W EXIDE Impressive revenue growth in Q4FY22, but input costs inflation lowered profitability Revenues EXIDE 75 SPEEDING AHEAD SINCE 1947 EBITDA Margin Rs.2,939 Cr. Q4FY21 Rs.3,409 Cr. Q4FY22 14.0% Q4FY21 10.2% Q4FY22 16% 379bps PBT Margin PAT Margin 11.2% Q4FY21 8.0% 8.3% Q4FY22 Q4FY21 5.9% Q4FY22 328bps 238bps Note:Q4FY22 PBT margin and PAT margin excludes exceptional items 39#40W EXIDE EXIDE Robust revenue growth in FY2022, though margins impacted by 75 input cost inflation Revenues EBITDA Margin SPEEDING AHEAD SINCE 1947 Rs. 10,041 Cr. FY21 Rs. 12,382Cr. 13.5% FY22 FY21 11.3% FY22 23% 223bps PBT Margin 10.1% 8.3% FY21 FY22 PAT Margin 7.6% Q4FY21 6.2% Q4FY22 185bps 136bps Note: FY22 PBT margin and PAT margin excludes exceptional items 40#419,186 10,588 Revenues (Rs. Cr.) 9,857 FY18 FY19 FY20 FY21 10,041 12,382 W EXIDE Consistent financial performance delivered over the years EXIDE 75 SPEEDING AHEAD SINCE 1947 FY22 FY18 1,241 1,411 Strategic initiatives to boost sales and control costs enabled company to deliver consistent performance 75 years of posting profit and dividend payment over the years 1. Except for short-term borrowing for overseas equipment purchases @ 1-2% interest availed during FY15-FY17, Profits exclude exceptional items EBITDA (Rs. Cr.) 1,365 1,356 1,396 899 844 Profit after tax (Rs. Cr.) FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 • 826 Generated positive cash flows for last 10+ years • Zero debt company since 20111 41 758 766#42W EXIDE Aim to maximize investor returns through multiple initiatives EXIDE 75 SPEEDING AHEAD SINCE 1947 • • • Revenue Growth Operational efficiency Improved Profitability Product launches in Indian markets Focus on Exports Digitisation in sales to increase volumes and lower inefficiencies Streamlining supply chain to optimise inventory Automation projects to increase productivity & efficiency Improving product mix towards higher margin products • Dividend payment Regularly paid dividends to shareholders 42#43W EXIDE Strong Commitment to Sustainability and CSR EXIDE 75 SPEEDING AHEAD SINCE 1947 43#44W EXIDE Committed to drive positive change through sustainable practices Battery Recycling - an initiative to protect the environment CHLORIDE METALS Awang Strong focus on sustainable business practices 18% green energy consumption in FY22 CHLORIDE METALS LIMITED f EXIDE 75 SPEEDING AHEAD SINCE 1947 8% reduction in water intensity per rupee of turnover in FY22 • • • Chloride Metals is a 100% subsidiary and is engaged is recycling of old batteries Lead is extracted and is sold back to Exide and is reused in battery manufacturing The company has three smelting units in India -in states of Karnataka, Maharashtra and West Bengal 45% of the lead and lead alloy requirement of Exide are met through captive recycled lead, expected to increase to 60% in the medium-term 7.87MWp Solar rooftop capacity 52.5MWp Solar ground mounted capacity 31,258 hours of training provided to employees in FY22 44#45W EXIDE > EXIDE CSR initiatives focuses on building equal and inclusive societies 75 সাক্ষাতের সময় • Focus on 5 key pillars for socio-economic development- -ake free sh-t • 2 ধরাপর গ্রামীন হাসপাতাল রমীন• • SPEEDING AHEAD SINCE 1947 • • • Health and Sanitization Education Empowerment Skill Development Environment CSR initiatives aligned to 9 Sustainable Development Goals Impact • • More than 0.2 million people benefited 80% of beneficiaries are from socially and economically disadvantaged sections of the society • Active employee participation across CSR projects 190 45#46W EXIDE Disclaimer EXIDE 75 SPEEDING AHEAD SINCE 1947 In this document, we have disclosed forward-looking information to enable analysts and investors comprehend our prospects and take investment decisions. This document and other statements-written and oral-that we periodically make, contain forward-looking statements that set out anticipated results based on the management's plans and assumptions. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in our assumptions. The achievements of results are subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. We undertake no obligation to publicly update any forward- looking statement or comparative assessments, whether as a result of any new information, future events or otherwise. We accept no responsibility for any loss and/or damages, risks and/or liabilities, which may be incurred and/or suffered by any investor on account of or arising from the use of the information by investors. We make no warranties of any kind, whether express or implied, as to the adequacy of such information for any intended purpose of the investors. 46#47W EXIDE Investor Contact Chhavi Agarwal, CFA Head- Investor Relations E-mail: [email protected] THANK YOU! EXIDE 75 SPEEDING AHEAD SINCE 1947 47