#1Investor Presentation For the quarter and fiscal year ended March 2022 TATA CONSUMER PRODUCTS 4th May 2022 TATA FOR BETTER#2TATA CONSUMER PRODUCTS Disclaimer Certain statements made in this presentation relating to the Company's objectives, projections, outlook, expectations, estimates, among others may constitute 'forward-looking statements' within the meaning of applicable laws and regulations. Actual results may differ from such expectations, projections etc., whether express or implied. These forward-looking statements are based on various assumptions, expectations and other factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, competitive intensity, pricing environment in the market, economic conditions affecting demand and supply, change in input costs, ability to maintain and manage key customer relationships and supply chain sources, new or changed priorities of trade, significant changes in political stability in India and globally, government regulations and taxation, climatic conditions, natural calamity, commodity price fluctuations, currency rate fluctuations, litigation among others over which the Company does not have any direct control. These factors may affect our ability to successfully implement our business strategy. The company cannot, therefore, guarantee that the 'forward-looking' statements made herein shall be realized. The Company, may alter, amend, modify or make necessary corrective changes in any manner to any such forward looking statement contained herein or make written or oral forward-looking statements as may be required from time to time on the basis of subsequent developments and events. 2#3TATA CONSUMER PRODUCTS Agenda 01 Executive summary 02 Performance overview 04 Macro environment 05 Business performance - India 03 Progress against strategic priorities 06 Business performance - International 07 Financial performance 08 Concluding remarks 09 Other 3#4teapigs. We are Tata Consumer Products In a nutshell TATA sampann GOOD EARTH sweet &spicy original red bal TATA TEA TATA TATA TATA TEA PREMIUM WITH NATURAL DES sampann sampann DESH KI CHAI Gold Rick Tasse UNPOLISHED Toor/Arhar Dal teapigs, tummy tonic D Garam Masala WITH NATURAL OILS SOULFULL delicious millets- RAGI BITES 3000 15 biodegradatie tea empres peppermint leave teapigs, KEURIG HOT EIGHT O'CLOCK THE ORIGINAL MEDIUM ROAST COFFEE 12 UTTAR PRADESH EIGHT CLOCK ke live Tetley COLD infusions watermelon THE ORIGINAL 12 Taste ΤΑΤΑ Salt Vacuum Evaporated lodised RECYCLABLE PACK lodine "Helps Mental Development SOULFULL Millet 30- Smoothix TATA CONSUMER PRODUCTS Himalayan STILL TATATEA Chakra Gold PREMIUM TEA TATA COFFEE GRAND Tetley GREEN TEA Immune Vitamin C HEAT TO EAT ΤΑΤΑ Quick <<< Quisine>>> Cheesy Pasta with Black Olives TATA sampann -6 GRAIN+ DI MIX Integrated F&B company with rich heritage of Tata, aspiring for a larger share of the FMCG World #2 branded tea player globally Tetley 80 Tetley SUPER HERBAL TEA IMMUNE TATA ORIGINAL Salt TATA BLACK Sall TATA GLUCO LEMONY ZING ΤΑΤΑ Salt Largest salt brand in India EIGHT O'CLOCK ΤΑΤΑ ΤΕΑ 2nd Largest tea brand in India Tetley SINCE 1837 4th largest tea brand in UK & largest tea brand in Canada Himalayan The natural mineral water 4th largest R&G coffee brand in USA TATA sampann National brand in pulses, spices and mixes #1 natural mineral water brand in India 12.4K crore consolidated revenue in FY22 with current market cap of ~72k* Cr. Reach north of 200mn households in India and distribute to ~2.6mm retail outlets 60 Among the top 10 FMCG companies in India 888 ~3000 employees worldwide As of 31 March 2022 4#501 Executive Summary TATA CONSUMER PRODUCTS#6☐ TATA CONSUMER PRODUCTS Executive Summary During the quarter, Consolidated Revenue grew 6%, bringing FY22 revenue growth to 9% (net of International Foodservice business exits). On a 2-year CAGR basis, this translated to 15% revenue growth in FY22, net of International Foodservice business exits. Consolidated EBITDA for the quarter grew 45%, bringing FY22 EBITDA growth to 11%. On a 2-year CAGR basis, EBITDA grew 16%. During the year, India business¹ grew 13% led by O India Beverages² business growth of 10%, with 3% volume growth India Foods³ business growth of 19%, with 8% volume growth International business was +1%4 during the year (-2% in constant currency terms), cycling an elevated base (FY21 growth of 12%). With tea inflation tapering off, India Beverages margins saw significant improvement during the year. We invested some of that in new businesses and still expanded the consolidated EBITDA margin for the company, despite significant inflation in the foods business and, despite a 29% increase in A&P for the India business YoY. Strong Free Cash Flow conversion - FCF to EBITDA ratio (FCF before Capex and tax) for FY22 was 100%. Dividend proposed at Rs 6.05/share, up 49% YoY. During the year, we continued to gain market share in both the core categories of tea and salt. ☐ We continued making progress against our strategic priorities - we acquired Tata SmartFoodz Ltd. (TSFL) to foray into value added, high margin Ready-to-Eat (RTE) category. We expanded and strengthened our S&D infrastructure, continued the momentum on innovation, invested in new drivers of growth, and announced a Global Simplification plan to drive efficiencies and synergies. 1 Includes India beverages & India Foods business, including NourishCo. 2 Including Nourish Co revenue, but volume doesn't include Nourishco volumes 3 Including Tata Soulfull, Tata Q revenues. Volume doesn't include Soulfull/Tata Q volumes 4 Like for like, adjusted for the impact of exit from International Foodservice business last year (Empirical in the US+ MAP coffee in Australia) 6#702 Performance Overview TATA CONSUMER PRODUCTS#8Key Businesses snapshot - Q4FY22 TATA CONSUMER PRODUCTS International Beverages In Cr India Beverages India Foods US Coffee International Tea (unless specified) Tata Coffee (incl. Vietnam) Consolidated# Revenue 1,190 764 355 535 303 3,175 Revenue Growth -1% 19% 13% 3% 8% Constant currency growth 11% 3% 7% 5%[6%] 4%[6%] 3% -1% 3% 5% -8% Volume Growth Note: TATA Salt ΤΑΤΑ sampann EIGHT O'CLOCK GLUCO TATA ΤΑΤΑ ΤΕΑ Key Brands TATA COFFEE GRAND Himalayan TATA SOՍՆՐՍՆՆ delicious millets Tetley teapigs, SINCE 137 no airs, no graces. just fine toa. GOOD EARTH. TEA CO a) India Beverages revenue includes India Packaged Beverages + Nourish Co (subsidiary effective May'2020), but volume doesn't include Nourishco volumes b) India Foods revenue includes Tata Soulfull (subsidiary effective Feb'21) and Tata Q (subsidiary effective Nov'21) c) International tea business includes UK, Canada, USA, Australia, Europe and Middle East (Middle East has been regrouped from India Beverages in FY21 to International tea from FY22). It doesn't include International foodservice business d) Tata Coffee incl. Vietnam and excl. US Coffee (EOC) e) Consolidated revenue includes other non-branded business and Inter-segment eliminations f) # Reported growth, [like for like growth, adjusted for International Food service business exits] 8#9Key Businesses snapshot - FY22 TATA CONSUMER PRODUCTS International Beverages In Cr India Beverages India Foods US Coffee International Tea (unless specified) Tata Coffee (incl. Vietnam) Consolidated# Revenue 5,001 2,913 1,295 2,040 1,070 12,425 Revenue Growth 10% 19% 0% 1% 11% Constant currency growth 0% -3% 11% 7%[9%] 6% [8%] Volume Growth 3% 8% -4% -3% 3% Note: GLUCO TATA ΤΑΤΑ ΤΕΑ Key Brands TATA COFFEE GRAND Himalayan ΤΑΤΑ Salt ΤΑΤΑ sampann TATA SOՍՆՐՍՆՆ delicious millets EIGHT O'CLOCK Tetley teapigs, SINCE 1837 no airs, no graces. just fine toa. GOOD EARTH. TEA CO a) India Beverages revenue includes India Packaged Beverages + NourishCo (subsidiary effective May'2020), but volume doesn't include Nourishco volumes. b) India Foods revenue includes Tata Soulfull (subsidiary effective Feb'21) and Tata Q (subsidiary effective Nov'21). c) International tea business includes UK, Canada, USA, Australia, Europe and Middle East (Middle East has been regrouped from India Beverages in FY21 to International tea from FY22). It doesn't include International foodservice business d) Tata Coffee incl. Vietnam and excl. US Coffee (EOC) e) Consolidated revenue includes other non-branded business and Inter-segment eliminations f) # Reported growth, [like for like growth, adjusted for International Food service business exits]. 6#10Group Performance at a glance - Q4FY22 7 7 (7 TATA CONSUMER PRODUCTS 7 기 * 3,175 Cr. 458 Cr. 403 Cr. 239 Cr. 254 Cr. ~2,486 Cr. Revenue EBITDA PBT (bei)^ Group Net Profit Group Net Profit (bei)^ Net Cash $ Growth (Y-on-Y) 5%[6%]# 45% 54% 222% Margin% 14.4% 12.7% 7.5% 89% 8.0% Margin expansion +400 bps +410 bps +510 bps +360 bps (Y-on-Y) EPS 2.36 (EPS) +307% (EPS) EPS Growth (Y-on-Y) # [like for like growth net of International food service business exits] ^before exceptional items $ Cash and Cash equivalents (net of total borrowings) as at March 31, 2022 10#11Group Performance at a glance - FY22 7 7 (7) TATA CONSUMER PRODUCTS 7 기 12,425 Cr. 1,749 Cr. 1,508 Cr. 1015 Cr. 1056 Cr. ~2,486 Cr. Revenue EBITDA PBT (bei)^ Group Net Profit Group Net Profit Net Cash $ (bei)^ Growth (Y-on-Y) 7%[9%]# 11% 12% 9% 12% Margin% 14.1% 12.1% 8.2% 8.5% Margin expansion +50 bps +60 bps +20 bps +40 bps (Y-on-Y) 10.15 (EPS) EPS 9% (EPS) EPS Growth (Y-on-Y) # [like for like growth net of International food service business exits] ^ before exceptional items $ Cash and Cash equivalents (net of total borrowings) as at March 31, 2022 11#1203 Progress against Strategic Priorities#13Strategic Priorities TATA CONSUMER PRODUCTS unt Strengthen & accelerate core business Drive Digital & Innovation Unlock synergies Create Future Ready Org Explore new opportunities Embed sustainability 33 13#14Strengthen & accelerate core business New milestones in S&D transformation Direct reach 0.6M 1.3M 1.5M Mar'22 By Mar'23 DMS Digital transformation Distributors TATA CONSUMER PRODUCTS Total Numeric reach¹ +18% Increase Tea +15% Increase Salt Rural/Semi-Urban distributors +25% 4X DMS Lite SSFA 2000+ 8,000+ All numbers are for FY22 vs FY21 unless specified otherwise 1 Increase in average number of dealers in FY22 vs FY21 (AC Nielsen) 14#15Ο Strengthen & accelerate core business TATA CONSUMER PRODUCTS Winning in alternate channels - MT & E-commerce A fit for purpose assortment TATA TEA Carey ΤΑΤΑ sampann HIGH IN FIBRE Poha (Thin) PICTIN CALGUM TATA SOՍՆՐՍՆՆ delicious nillets RAGI BITES NO MAIDA CHOCO Himalayan R 回 SOՍՆՐՍՆՆ delicious millets 0% added sugar MILLET MUESLI 97% WHOLE GRAINS, FRUIT, NUTS & SEEDS HIGH PROTEIN RICH IN FIBRE Maturity Cholesters Free ΤΑΤΑ Salt ROCK SALT Tetley GREEN TEA ΤΑΤΑ sampann 100% PURE PREMIUM CASHEWS With Natural Trace Minerals Immune with added Vitamin C Vitamin C helps support immune system Classic 25 TEA BAGS 10% ΤΑΤΑ TO EAT HEAT T ΤΑΤΑ Quick Quick Quisinex Quisine Hot & Spicy Cheesy Pasta Noodles with Black Olives NOMESIN PLAN ΤΑΤΑ 60 All numbers are for FY22 vs FY21, unless specified otherwise. D: A Modern trade business crosses 1000 cr. MT up 30% y-o-y E-commerce market share for Tea at 41.9% way ahead of competition E-commerce channel (% of sales) Quick Quisine >>> 2.5% a Spicy Vegetable Biryani 5.2% 7.3% FY20 FY21 FY22 15#16Strengthen & accelerate core business Powering our brands TATA CONSUMER PRODUCTS ΤΑΤΑ ΤΕΑ PREMIUM CELEBRATES DESH ki JHANKI DUMDAAR UTTAR PRADESH VADDE DILWALA PUNJA KADAK SAPRONWALA HARYANA RASHARA WEST BENGAL ATOOT RADONWALA ODISHA SARVGUN MAHARASHTRA Tata Tea Premium continued its hyperlocal campaign by celebrating the unique diversity of our nation with the 'Desh ki Jhanki' initiative on the occasion of 73rd Republic Day TATA COFFEE GRAND Bag TATA COFFEE GRAND FLAVOUR-LOCKED DECOCTION CRYSTALS காபினாலே SHIK SHIK SHIK! Cata Coffeesrand எங்களை விசிட் செய்யுங்கள்: www.tataceffeegrand.com | எங்களுடன் இாத்திருங்கள் * Shilk Shik Shlk என்பது காபியுடனான கன்டெப்ரை / பேக்கை குலுக்கும் போது கேட்கும் ஓசையை அழிக்கிறது. "இது பிராண்டின் பெயர் மட்டுமே அதன் உண்மையான தண்மையை Tata Coffee Grand activated the festival of Pongal in the state of TN with a TVC led campaign which celebrated the sounds of festival in line with the sound of our coffee proposition. India business1 A&P FY22 ↑ +29% YOY NIPPON Preethi PAINT வழங்கும். Power Duo Powered by BOSS Special Partner Costar 23 Udhaiyam விஜய் TATATER Chakra Gold PRENIUM TEA தமிழ் நாடு விருது ங் டீ உடன் மங்கள it t The Champ Chakra Gold concluded its association with Big Boss in TN with Pongal special episodes and integrations. 1 Standalone Financials - includes India Packaged Beverages and India Foods 2 Source: Nielsen - Value share, MAT basis, Mar'22 vs Mar'21 JOIN THE WORLD'S FIRST HOLI IN METAVERSE ON 18TH MARCH- TATA TEA PREMIUM DESH KI CHAI TATA TEA PREMIUM TATA TEA PREMIUM Tata Tea Premium adopted a unique approach to connect with consumers by making its debut in the metaverse world and hosting a first of its kind Holi party Market share ↑ Tea ~100bps² 16#17Strengthen & accelerate core business Powering our brands TATA CONSUMER PRODUCTS ΤΑΤΑ Salt NAMAK BADALNE KA SOCHA KYA? TATA SALT SUPERLITE LAUNCHES A NEW TV COMMERCIAL Presenting Low Sodium Salt Range Tata Salt Lite & Tata Salt SuperLite TATA Salt TATA Salt LITE SuperLite 30% The new Tata Salt Lite and Superlite TVC addresses a relevant consumer tension to reduce their salt intake by pivoting to an alternative option of low sodium salt Shuddh TATA Guaranteed quality, authentic taste, hygienically packed; Shuddh by Tata Salt is an iodized salt that is sourced from the sea. Specially crafted for South India markets to strengthen the portfolio. The TVC went live to communicate this message. 1 Market share TATA SOՍՆՐՍՆԵ delicious millets OUR CHOCO HAS NO MAIDA HIGH IN PROTEIN TATA ՏԾԱՆՐՍՆՆ RAGI BITES NO MAIDA CHOCO 107 1 TATA SOULFULL ΤΑΤΑ NO JUNK ALL CRUNCH soulfull delicious millets RAGI BITES RAGI DAL NO 7 GRAIN NUTRITION YUMMY CHOCOLATY MAIDA CALCIUM PROTEIN Tata Soulfull No Maida Chocos TVC went live, which highlights the goodness and crunchiness coming from 7 grains and no junk-making it a wholesome snack, loved by kids and approved by moms Inges are for ton porose 1 Standalone Financials - includes India Packaged Beverages and India Foods 2 Source: Nielsen - Value share, MAT basis, Mar'22 vs Mar'21 I Sasta namak sehat par mahanga pad sakta hai DESH KA NAMAK Sirf asli Tata Namak apnaiye. I Images are for representation purposes only. TATA Sall ΤΑΤΑ Salt DESH KI SEHAT ΤΑΤΑ Salt The imitator and look alike brands are so identical to Tata Salt that consumers mistakenly pick them up instead. The new 360-degree marketing campaign for UP is an intervention to educate trade and consumers to choose the real Tata Salt - ↑ Salt + 400 bps² 17#18Strengthen & accelerate core business Driving premiumization Tata Sampann TATA sampann TATA sampann Tumeris Powder TATA sampann Powde Dal WITH NATURAL OILS WITH NATURAL OILS Volumes +28% Coffee TATA COFFEE GRAND TATA COFFEE QUICK FILTER Add Stir Sip TATA COFFEE GOLD 100% PURE COFFED Sonnets EY TATA COFFEE Volumes +45% All numbers for FY22 vs FY21 TATA sampann -6 GRAIN KHICHDI MIX ΤΑΤΑ Salt PLUS Iron +locine roe Fosfis lacised all PATX FEA Gold Care ΤΑΤΑ Salt LITE Low Sodium kdised Values Added Salt 19% low Active Health 15% SODIUM TATA CONSUMER PRODUCTS TATA Salt ROCK SALT TATA Salt BLACK SALT Rich with Hateral Twee Minds Revenue +26% Tea TTG care as % of TTG 4.5% TATA Sell TATA 18#19Strengthen & accelerate core business Growth across key metrics TATA CONSUMER PRODUCTS 大圆 India Packaged Beverages ⑪* India Foods Revenue growth Revenue growth International Beverages Revenue growth (like for like, net of exits) 32.8% 18.3% 17.7% 11.9% 2-year CAGR 11.6% 2-year CAGR 2-year CAGR 6.6% 6.4% 19% 18% 6% 0.1% 0.4% FY20 FY21 FY22 FY20 FY21 FY22 FY20 FY21 FY22 Tata Consumer Products Consolidated performance Consolidated Revenue PBT (before exceptional items) Group Net Profit 2-year CAGR 24% 20% 7% 2-year CAGR 102% 2-year CAGR 12% 14% 18% 9% 49% FY21 FY22 FY21 FY22 Corresponding Consolidated Revenue growth, PBT (bei) growth, and GNP growth for FY20 is not available as the foods business was not in the base in FY19 FY21 FY22 19#20Drive Digital & Innovation Continuing the momentum on innovation – FY22 - NEW ORIGINAL TASTE. HIWWITH MORE BENEFITS ΤΑΤΑ Salt IMMUNO C a NEW Shuddh By TATA Bull ΤΑΤΑ Salt SuperLite™ 30% Qred TATA SOULՐՍԵՆ RAGI BITES NO MAIDA CHOCO 107 SOՍՆՐՍՆՆ delicious me 0% added sugar MILLET MUESLI 97% TATA sampann 100% PURE CALIFORNIA ALMONDS TATA TEA Chakra Gold CARE GOODNESS OF NATURAL INGREDIENTS RICH IN FIBRE Kaluwly Cholestar of Free 1868 BY TATA Tea CINNAMON CLOVE TATA COFFEE QUICK FILTER Add Stir Sip ty TATA TEA AGNL JOSH JAGAYE HAR ROI Adrak Chai SOUPL TATA SOULFULL Millet Smoothix TATA COFFEE 0 GOLD 100% PURE COFFEE ORIGINAL TATA sampann Manchurian Rice Masala Sonnets BY TATA COFFEE bark Pos TATA GLUCO 10 TATA GLUCO TATA "Jelly Jelly Jelly Drink ENERGY Drink GLUCOSE MANGO Drink Out GLICONE TATA Nature Alive GOOD GOOD ENERGY EARTH teapigs, KOMBUCHA O teapigs, COLD BREW ORGANIC GUAYUSA ANDERING Tetley GOOD EARTH VARIETY PACK teapigs, teapigs, COLD COLD BREW BREW GRAPEFRUIT teapigs. teapigs. teapigs, KOMBUCHA COLD COLD COLD ORIGINAL BREW BREW BREW LYCHEE PEACH & ROSE TEA FEEL NATURE. FEEL HIMALAYAN ALIVE. BALANCED BY NATURE HIMALAYAS 25 Innovation to sales contribution -2X MALAYAN FY22 vs FY21 Tetley ORIGINAL Tetley's reusable tin. It's good all round. 20#21Do Unlock synergies Creating an agile and efficient supply chain TATA CONSUMER PRODUCTS Transformation journey to an integrated and digitised supply chain well underway AAA Transformation of our supply chain is helping us create a more efficient, cost- effective, and sustainable footprint Optimization of India Integrated Production & Delivery network ~11,000 drop off points serviced through 38 centers across India Sustainability Cost-saving from efficiencies in the network >25% reduction in secondary freight/kg for the integrated CFAs Digital journey well underway Integrated Business Planning activated Automated - demand and supply planning Inventory Optimization and S&OP enabled as the first step to a digitised and future ready supply chain 0000 Future-readiness IOT enabled flagship factory at Gopalpur - now being scaled up. Rapid integration of acquired businesses * As of FY22 exit Renewable energy now accounts for 24%* of our current needs in the India supply chain network Tata SmartFoodz and Soulfull - successful integration within 3 months of transaction close. 21#22(00) Unlock synergies Global Simplification Plan announced... Proposed Transactions Consolidation of minority interest from Tata Coffee & TCP UK Group to TCPL #1 TCL combines with TCPL /WOS of TCPL, through a composite scheme of demerger and merger #2 Purchase of minority interest in UK business from Tata Enterprise Overseas (TEO) through preferential allotment by TCPL Further reorganization initiatives* in international business to be undertaken in future to... G SIMPLIFY ☑ * Further re-organization initiatives proposed to be undertaken, will be subject to the requisite approvals/processes ALIGN SYNERGIZE TATA COFFEE 22 22#23TATA COFFEE (00) Unlock synergies ...to unlock synergies and value for shareholders 01 02 Operational efficiencies for management, legal & administrative costs Align corporate structure with management & administrative structures Significant reduction in # of entities Faster decision making and execution ► Converge the minority interests of subsidiaries at TCPL level Single listed entity capturing the full value of TCPL group ► Stepping-stone for further consolidation and simplification in the international business 03 Creation of focused business verticals 04 Unlocking potential synergies Combination of extraction businesses ► Creation of a dedicated plantation vertical Material revenue, cost and other synergies expected over medium to long term* Single holding company for International branded business. * Post execution of the current and future reorganization initiatives following receipt of the requisite approvals and processes 23#24Explore new opportunities New engines of growth TATA LIFE WATER TATA COPPER WATER TATA COPPER TATA Fruski frusk frusk TATA TATA 10 Mast Joey Lemon GLUCO GLUCO TATA Mango Mayola Masala ZAP GLUCO GLUCO ANGY MONY ΤΑΤΑ ՏՕՍՆԲԱՆՆ delicious millets OUR CHOCO HAS NO MAIDA TATA 107 SOULFULL delicious millets- RAGI BITES NO MAIDA CHOCO HIGH IN PROTEIN Images are for illustration purpose CALCUM 000 7 GRAIN YUMMY NUTRITION CHOCOLATY 60 TATA sampann COLEDIN ALMONDS 60 HEAT TATA sampann TATA sampann TATA sampann TATA 160% CHAKA DAL Toor Dal Astor Dat sampann Fine Besan बेन (Gram llaur Poha TATA sampann sampann TATA TATA Сексек ки Nocna Del Chila Mix sampann Garam sampann sampan Chill KOLICHDI MIX Masala Turmeric TO EAT 60 TATA TATA Quick Quisine>>> Cheesy Pasta with Black Olives Quick (Quisine >>> Hot & Spicy Noodles Tupurved Serving & Gambling Ova neper Ave For Recesenden Perseous Daly | "When flow of the d Noodles ΑΤΛ ATA Isine>>> Quick TATA CONSUMER PRODUCTS ORGANIC UNPOLISHED TOOR DAL (ARHAR DAL) Revenue growth - FY22 TATA etable dCurry Corn Price Chicken Sausages D ani ↑ 52% 24#25Explore new opportunities Progress on inorganic acquisitions Tata Soulfull JATA SUPER SIVER PACK TATA SCULFU TATA FOULFUL SOULFUL SOULFULL SOULFUL SOULFULD SOULFULL SOULFULL SITES ACTES F MUESLI FUTANA 90% MUESLI 80% TATA TATA RASI BITES ULFULL NourishCo TATA COFPER 100-day integration B'|||| Soulfull to Tata Soulfull rebranding 1st Himalayan broke even at EBIT level for the 1st time since inception Tata Copper Plus Water scaled to > 3x in FY22 TATA CONSUMER PRODUCTS Himalayan Jelly Jelly Jelly Expanded distribution by 80% Signed an MOU with Indian Institute of Millet Research (IIMR) ahead of 2023 International Year of millets Rs 10/- No Maida Chocos launch with 3 lakhs + outlets, supported by national TVC Forayed into new geographies of Bihar, Jharkhand, West Bengal, Delhi NCR, UP, Maharashtra, Karnataka and Kerala Expanded capacity - number of lines up 50%, through an asset light model Accelerated innovation -contribution at c.10% of sales 25#26③Embed sustainability Striving for better - Sustainability efforts CLIMATE PLEDGE FRIENDLY Amazon's climate-friendly pledge helps consumers discover and shop for more sustainable products on their platform. Our family of brands including Tetley, Good Earth & Teapigs all carry the climate-friendly seal which highlights that they meet Amazon's sustainability standards through our Rainforest Alliance & Soil Association certifications. TATA TEA Jaago RE! THIS WORLD WATER DAY, TAKE THAT ONE SMALL STEP. TM TATA CONSUMER PRODUCTS Tata Tea took an initiative to spread awareness about water conservation on 'how a small step can make a huge difference' through a short digital film on World Water Day TATA COFFEE LIMITED Tata Coffee team won four awards at OHSSAI HSE Excellence & Sustainability Awards 2021 for its continuous initiatives to make units and processes more environment friendly and sustainable TATA COFFEE Tata Coffee, Theni - Gold in the Environment Category with a 4 Star Rating Sustainability at Starbucks #Sustainability AtStarbucks Upcycle a cup sleeve to make a bookmark! Tata Starbucks remains committed to creating a better tomorrow by enlightening the consumers on how to make better use of its handbags and other accessories 26#2704 Macro environment#28Macro and commodity overview Global GDP growth trend Commodity price trend TATA CONSUMER PRODUCTS Tea Prices % 24.5 247 233 $c/KG Coffee Prices 236 $c/ LB 194 194 20.3 180 8.5 6.6 8.8 3.0 0.68 12.2 1.6 0.5 6.9 0.5 4.9 5.5 5.4 -9.1 -2.9 0 04.2 4.0 215 /KG 128 188 187 158 111 149 -2.0 -7.4 -7.7 -5.0 145 KG -21.1 122 115 100 102 $c/ LB 103 62 62 -24.4 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22E UK GDP growth -India GDP growth - US GDP growth Q4 FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q4 FY20 Q4 FY21 Q4 FY22 North India Tea Kenya Tea South India Tea Arabica Coffee Robusta Coffee India's GDP growth for the quarter got impacted due to the third wave of the pandemic. However, recovery was sharp led by a faster opening up. Persistent and unprecedented inflation across consumer categories is a key monitorable going forward. US & UK GDP growth estimates remain strong led by low unemployment level, pickup in labor force participation, improved corporate profits and investments. Monetary tightening and inflation which has been exacerbated by the geopolitical situation remain the key watch-outs going forward. • ° The tea prices in India have come off significantly from the peak levels. South India tea prices saw a slight uptick sequentially but were down significantly YOY. Kenya tea prices continued to rise QoQ and YOY led by the minimum reserve regime introduced by the Government. Arabica and Robusta coffee prices climbed to new highs, led by bad weather and supply chain disruptions caused by geopolitical developments. Source: North India and South India tea auction (Tea Board of India) | Mombasa tea auction (EATTA) | International Coffee Exchange Source: BCG, NSO, tradingeconomics.com and Kotak Institutional Research 28#29TATA CONSUMER PRODUCTS Market context - category value growth rates -5.5% US +3.2% +6.7% Base period growth rates UK -2.2% -6.4% -3.1% -18.2% -2.8% +3.7% -15.7% +6.7% US Regular Black Tea UK Regular Black Tea US Bags Coffee UK Fruit & Herbals Tea US K-cup Coffee Source: Nielsen: 12 weeks (Value) - Mar'22 Canada 0.2% -12.9% +8.8% Canada Regular Black Tea Canada Speciality Tea India +6.1% +17.4% India Branded Tea . Regular black tea category saw a decline in international markets, driven by increased mobility that led to a fall in at- home consumption. Non-black tea (Fruit & Herbal, Specialty, Decaf, Cold Infusions, etc.) saw a marginal uptick in Canada and a decline in the UK, on a high comparator that benefitted from increased home consumption last year. India branded tea category grew, on a high comparator of last year. The value growth was evenly driven by volume and pricing. US Coffee (both Bags and K-cups) grew with K-cups growing much faster. 29#3005 Business performance - India#31India Packaged Beverages NEW LAUNCH TATA TEA AGNI 105H JAGAYE HAR ROZ Adrak Chai Maired be Images are for listration purpose -TULSI 90909 TATA CONSUMER PRODUCTS NAYA SWAD NAYA JOSH Continuing the innovation agenda, we launched an Adrak flavoured tea under the Tata Tea Agni Masterbrand, in core markets of the North. +6% FY22 Revenue Growth Performance commentary . Revenue for the quarter declined 4%, with 2% volume growth, on an elevated base that saw 53% revenue growth and 23% volume growth last year. Revenue for the year grew 6% lapping 32% growth in FY21. EBIT margin for India Beverages (old segment classification) was up 400bps YoY in FY22.3 Continue to maintain #1 position in Ecommerce. TATA TEA Chakra Gold CARE TATA TEA Chakra Gold PREMIUM TEA 0000 ELAICHI GOODNESS OF FIVE NATURAL INGREDIENTS ADHIMADMURAH ME 20909 TATA TEA Chakra Gold ELAICHI 2000 STRONG TEA WITH LONG LASTING TASTE REFRESHING FLAVOUR REAL ELAICHI Images at so Chakra Gold franchise saw a second consecutive year of Market Share gains in TN • Coffee Volume grew 44% YoY with +3% FY22 Volume Growth1 a revenue growth of 46% during FY22. Other updates Kanan Devan became the 2nd largest brand in Karnataka (by volume). ~100bps Market Share gain² • Premium portfolio (Chakra, TT Gold, Chakra Care, Gold care, etc.) continues to gain market share. TTP is strengthening its foothold in key markets of Maharashtra and Bihar led by effective hyperlocal campaigns and improved distribution. 1 Tea volume growth 2 Source: Nielsen - Value share, Moving Annual Total (MAT) basis Mar 22 vs Mar'21 3 estimated on proforma basis with allocation of common costs of India business in proportion to Sales 31#32India Foods TATA Quick Quisine>> Ireage are fatti ply EXCITING NEW LAUNCHES! TATA TATA TATA TATA CONSUMER PRODUCTS TATA NEW Tata Q launched 6 new variants - Hot & Spicy Noodles, Pepper Masala Noodles, Classic Chicken Seekh Kebab, Spicy Jalapeno Chicken Sausages, Cheesy Pasta with Corn & Gujarati Daliya Khichdi. +19% FY22 Revenue Growth Performance commentary • • Salt revenue grew 15% during the quarter, on a high base of last year (Q4FY21 salt grew 26%). For the year, salt grew 17%, after growing 17% in FY21. Rock salt delivered exceptional growth of 82%; with the overall premium salts portfolio growing 27%. Tata Sampann continued its strong trajectory in Q4, growing volumes by 30%, bringing FY22 volume growth to 28%. EBIT margin for India Foods (old segment classification) declined 700bps YoY in FY22. 3 Profitability for the year was impacted by inflation in input costs, higher A&P, and continued investment in new businesses. Quick Quick Quick Noodles Pepper Masala Cheesy Pasta D Noodles Ab immunity andar, khull ke jio bahar. Naya Tata Salt Immuno ke saath pao Tata Salt ka vishwaas, saath mein zinc ke gunn. Jo aapke immune system ko banaye rakhne mein kare madad. This is only a breed name and does not represent Images on poly TATA ΤΑΤΑ Salt Salt +8% FY22 Volume Growth Newly launched Tata Salt Immuno offers consumers a category-first unique proposition of added Zinc, Driving premiumization for the portfolio and upgrading consumers to a more Value-Added offering 400bps Market share gain¹ Other updates Tata Sampann Dry Fruits pilot launch has been a success. This marks the extension of the Tata Sampann master brand to a new and premium category. • Poha delivered exceptional growth of >100% YoY. Tata Q became the #2 Ready-to- Eat (RTE) brand in India 2 1 Source: Nielsen - Value share, Moving Annual Total (MAT) basis Mar'22 vs Mar'21 2 Source Nielsen RMS MAT Dec21 All India Urban 3 estimated on proforma basis with allocation of common costs of India business in proportion to Sales 32#33ERAL STOR Sales as a % of PY TATA NourishCo (100% Subsidiary) 109% 82% 64% 221% 186% 191% 191% 151% Q1 Q2 Q3 FY21 FY21 FY21 Q4 FY21 Q1 Q2 Q3 Q4 FY22 FY22 FY22 FY22 GLUCof ENERGY TATA GLUCO PLUS AT 10%- GLUC STORE 10 TACO 10 GLUCO TATA ORANGY BURST TATA YCHEE ZAP 10 TGP launched a new TVC for the new jelly drink in core markets. TATA CONSUMER PRODUCTS 344Cr FY22 Revenue +83% FY22 revenue growth 3.2x Tata Water Plus# Performance commentary Revenue for the quarter grew 51% on a high base that saw 86% growth last year. For the year, revenue grew 83% albeit on a low base that was impacted by the pandemic, bringing 2-year CAGR to 38%. The growth was broad-based across products and geographies. Other updates Himalayan registered strong growth in E-commerce channel and added key institutional accounts during the quarter • • The business unlocked new geographies and markets with good consumer acceptance. Himalayan grew 1.8x and reached breakeven at an EBIT level in FY22, the first time since its inception. Inflation is persisting across freight and packaging materials which was partly mitigated by cost-saving initiatives and net pricing actions during the quarter. GTM expansion and capacity expansion plans on track. #215% revenue growth during the year 33#34Tata Coffee (inc Vietnam ex EOC) (-58% Subsidiary) TATA COFFEE TATA COFFEE +11%# FY22 Revenue Growth • TATA CONSUMER PRODUCTS Performance commentary Revenue for the quarter grew 7% led by coffee plantations & the extractions business in Vietnam. Revenue for the year continued on a strong trajectory, up 11%, after growing 14% in FY21. • Extractions Overall extraction business grew 19% in FY22 driven by both Vietnam extractions (premiumization and higher volumes) and domestic extractions, despite several challenges in the operating environment Plantations Growth in Robusta coffee and Pepper revenue offset lower revenue in tea plantations, where realizations came off vs last year highs. Tata Coffee Plantations - Gold in the Occupation Health and Safety Category with a 4.5 Star Rating Tata Coffee, Theni - Gold in the Environment Category with a 4 Star Rating Tata Coffee won several awards for Health & Safety and Environment friendly and sustainable practices implemented at its various units Tata Coffee Instant Coffee Division (ICD) also received Bronze Award for HSE Excellence by CII-SR -3% FY22 Plantations Revenue Growth +19% FY22 Extractions Revenue Growth Other updates Record production and sales in Vietnam despite disruption caused by COVID-induced lockdowns. Vietnam plant operated at 98% capacity utilization for the year India extractions business (Instant coffee division) recorded 2nd highest ever sales. Continued the focus on cost-saving initiatives to mitigate some of the inflationary pressures. # Tata Coffee including Vietnam. Does not include EOC 34#35Sales indexed to FY20 baseline Tata Starbucks (JV) Entered 4 new cities during the quarter, including Goa, Bhubaneshwar, Nashik, and Guwahati 64% 36% 83% Apr 21 May'21 Jun'21 Strong sequential recovery 275% TATA CONSUMER PRODUCTS 96% Stores re-opened* 268 Total Stores • Performance commentary Revenue grew 32% during the quarter, partially impacted by the third wave of COVID-19. Growth back on a strong trajectory led by swift re-opening post the third wave. Revenue for the year grew 76%, despite two waves of the pandemic, bringing the 2-year CAGR into positive territory. Delivery channel salience remained ahead of pre-Covid levels. • • Added 50 new stores and entered 8 new cities during the year. Q4FY22 marked the highest number of store openings for Tata Starbucks in a quarter, at 23 new stores. The business was EBITDA positive for the quarter. 118% 120%132% 139% 131% 33% 129% 26 110% Cities Jul'21 Aug'21 Sep'21 Oct'21 Nov'21 Dec'21 Jan'22 Feb'22 Mar'22 Other updates 'Starbucks 190' promotion on delivery on Republic day helped recruit new customers. Two flagship locations opened during the quarter including Golden Temple Complex in Amritsar and Brahmaputra Riverfront store in Guwahati (pic above). • Limited time offerings (LTO), new offerings and merchandise led to higher productivity and improved offtakes. As of end of Mar'22 35#3606 Business performance - International#37UK TATA CONSUMER PRODUCTS Value Awards- Best Supplier Service. Congratulations! TATA Best supplier service YTD (supplier has delivered over 1m cases): Tata Consumer - 97.5% TESCO TCPL UK received Best Supplier Service Award by Tesco -2% FY22 Revenue Growth# +7% FY22 Teapigs revenue Growth^ Performance commentary Revenue for the quarter grew 5%# with 6% volume growth. Revenue for the year declined 2%# on an elevated base that saw pantry loading last year. 2-year revenue CAGR was marginally positive. # Teapigs continued its strong trajectory growing 7% in FY22, after growing 18% last year. • We gained market share in F&H category driven by strong performance of Good Earth, Tetley Supers and Tetley Herbals innovations. In terms of channels, Mainstream OOH, Specialty and Wholesale continue to see good traction, offsetting the decline in Grocery. Essley TETLEY PRESENTS KEMPTON BUNTON'S BREAKFAST BLEND ALIMITED EDITION BLED IN PARTNERSHIP WITH DUKE 19.4% Value Market share* (in everyday black) Other updates Newly launched Teapigs Decaf blend secured key listings and received great response and offtakes on D2C. D2C channel of Teapigs and Tetley off to a good start and building better consumer engagement Partnered with Oscar wining actor, Jim Broadbent, who came to Tetley HQ to try out new and specially curated blend of tea # Constant currency including teapigs ^ Constant currency * Source: Nielsen - Value share, Moving Annual Total (MAT) basis - Mar'22 37#38USA WHILE BEAN COFFEE EOC BLOCK COFFEE MY ESPRESSO GOLD and Caty Sky Crena fullBaded MEDIUMDARK ROAST ONE OF Introduced 3 new Barista Blends SKUs and a new campaign around "Be Your Own Barista" to build brand awareness and trial GOODEARTH Birt Celebrated 50 years of Good Earth with limited edition range - Chai & Lemongrass tea. GOODEARTH NGRASS GOODEARTH LEMONGRASS TATA CONSUMER PRODUCTS Flat FY22 Coffee Revenue Growth^ -8% FY22 Tea Revenue Growth^ Performance commentary Coffee: Revenue for the quarter grew 11% (constant currency) driven by strong performance in K-cups Revenue for the year stayed flat (constant currency) after growing 9% in FY21. Despite unprecedented inflation in coffee prices during the year, EBIT for EOC grew YoY, led by a proactive hedging approach and price increases. • Tea (excluding Empirical): Revenue declined 8% (constant currency) in FY22 on an elevated base of 16% growth in FY21. Initiated the integration of 3 tea brands, similar to the UK. Innovations led by Good Earth Sensorial blends, Tetley Flavors of Britain and Tetley Irish Breakfast continue to perform well. GOOD EARTH 4.3% *Coffee Bags Market Share GOOD EARTH CHAL CHAI Other updates Mainstream black tea category in the US continues to lose share to • During the quarter, we saw robust Specialty category. performance of 32 count and 48 count K-cups in EOC. ^ Constant Currency, excluding Foodservice (Empirical) Source: *Nielsen - Value share, Moving Annual Total (MAT) basis - Mar'22 38#39Canada PICK HERE IS LEVE Tetley GREEN tea Tetley IMMUNE Tetley ANTIOX Tetley Tetley turmeric echinacea Tetley emerged as the Most Trusted Brand for 8th consecutive year teapige teapigs teapig How one your hot cross beins at t COV 9 700 soniasid afoodlees @modernmixvan 13.1k followers 7k followers 7.9k followers @northern style 50.1k followers afood.diva 20.3k followers @mylittlesecrets ca 25.3k followers adineandfash @armsonadventures 35.2k followers 4.3k followers Executed influencer campaign of teapigs along with cross-promotion with COBS bread - resulting in 1.3 million impressions TATA CONSUMER PRODUCTS -7% FY22 Revenue Growth^ -9% FY22 Revenue growth in Specialty tea^ 27.8% • Performance commentary Revenue for the quarter declined 1% (constant currency) on a high base (6% growth in Q4FY21). Revenue declined 7% (constant currency) in FY22 due to pantry up- stocking that led to 15% growth (constant currency) in FY21. Tea category in Canada is seeing a decline YoY, lapping an extremely strong base of COVID induced in- home consumption Other updates Launched our D2C website • Tetley Supers range continued to register strong performance during the quarter. During the year, the ecommerce channel performed well and delivered double digit growth. Continued with the integrated media campaign for Super Teas in Fall/Winters to build trial and awareness *Market share ^ Constant Currency Source: *Nielsen - Value share, Moving Annual Total (MAT) basis - Mar'22 39#4007 Financial Performance#41Highlights - for the quarter ended Mar 22 Revenue from operations EBITDA Standalone 1,850 98 +5% (in Cr) Consolidated (in Cr) 138 3,175 1,948 3,037 +5% [6%]* Q4FY21 Growth Q4FY22 Q4FY21 Growth Q4FY22 141 458 146 288 317 142 +102% +45% Q4FY21 Growth Q4FY22 Q4FY21 Growth Q4FY22 # [like for like growth net of International food service business exits] TATA CONSUMER PRODUCTS REVENUE: Revenue at Rs 3,175 Crs, net of exits +6% (at constant currency +6%) • India Branded Business +6% • International Business (U/L +6%), net of exits Non branded Business +6% (U/L) EBITDA at Rs 458 Crs, (+45%) • India Branded - Gross Margin improvement in India Beverages partly offset by inflationary headwinds in India Foods, and investment in new businesses. • International Business - improved margins, lower weight of A&P and other expense. Non-Branded lower margin, mainly led by lower realization in tea plantations. 41#42Financials: Standalone TATA CONSUMER PRODUCTS Quarter ended Mar'22 Financial Year ended Mar'22 Q4FY22 Q4FY21 Change % Profit and Loss statement (all nos. in Crores) FY22 FY21 Change % 1,948 1,850 5% Revenue from operations 7,932 7,154 11% 288 142 102% EBITDA 1,111 919 21% 14.8% 7.7% % 14.0% 12.8% 253 109 132% EBIT 969 792 22% 13.0% 5.9% % 12.2% 11.1% 283 129 119% (11) (14) PBT before exceptional items Exceptional items 1,178 897 31% (27) (61) (66) (33) Tax (265) (217) 206 82 152 % PAT 886 620 43% 10.6% 4.4% % 11.2% 8.7% Profit after tax on a standalone basis for the quarter improved by 152% YoY on account of following: Gross margin improvement that was partly offset by Higher investment behind brands and higher other expenses, led by inflation. 42#43Financials: Consolidated Quarter ended Mar'22 TATA CONSUMER PRODUCTS Financial Year ended Mar'22 Profit and Loss statement Q4FY22 Q4FY21 Change % (all nos. in Crores) FY22 FY21 Change % 3,175 458 3,037 5%1 Revenue from operations 12,425 11,602 7%² 317 45% EBITDA 1,749 1,569 11% 14.4% 10.4% % 14.1 % 13.5% 386 251 54% EBIT 1,471 1,315 12% 12.2 % 8.3% % 11.8% 11.3% 403 262 54% PBT before exceptional items 1,508 1,342 12% (19) (64) Exceptional items (52) (31) (95) (65) Tax (377) (317) 289 133 117 % PAT 1,079 994 9% 9.1% 4.4% % 8.7% 8.6% 239 74 222% Group Net Profit (incl. JVs & Associates) 1,015 930 9% Group Consolidated Net Profits for the quarter grew 222% YoY on account of following: Revenue growth in both branded and Non-branded business • • Gross Margin improvement in India Beverages Improved performance in International Business, lower A&P and other expense Lower exceptional items 1 like for like growth net of International food service business exits in Q4FY22 was 6% 2 like for like growth net of International food service business exits in FY22 was 9% 43#44Segment-wise performance - Q4FY22 Particulars Cr India Business4 International Business Segment Revenue Segment Results Q4 FY22 Q4 FY21 Change Q4 FY22 Q4 FY21 Change (%) (%) 1,954 1,842 6% 258 141 83% 890 880 1%1 128 109 18% TATA CONSUMER PRODUCTS Revenue - Branded business 69% India Business 31 % International Business Total Branded Business 2,844 2,722 4%2 386 249 55% Segment results - Branded business Non Branded Business 345 324 6% 29 29 38 (24)% Others / Unallocated items (13) (8) (31) (90) Total 3,175 3,037 5%3 385 198 94% 67% India Business 33% International Business NOTE: The Group has revised the composition of its reporting segments to align with the new structure in place w.e.f. FY22 1. Like for like revenue growth for International business, net of International foodservice business exits, +6% in constant currency 2. Like for like revenue growth for Overall branded business, +6% in constant currency 3. Like for like revenue growth for Total Group, +6% in constant currency 4. Revenue and results for the quarter, for India Beverages and India Foods on a proforma basis, with an estimated allocation of common costs: • India Beverages: Revenue: FY22 Rs 1190 Crs (FY21:Rs 1200 Crs); Results: FY22 Rs 199 Crs (FY21: Rs 54 Crs) - (Middle East has been regrouped from India Beverages in FY21 to International tea from FY22) India Foods: Revenue: FY22 Rs 764 Crs (FY21: Rs 642 Crs); Results: FY22 Rs 58 Crs (FY21: Rs 87 Crs) 44#45Segment-wise performance FY22 Particulars Cr India Business4 Segment Revenue Segment Results FY22 FY21 Change (%) FY22 FY21 Change (%) 7,914 7,003 13% 1,012 876 16% TATA CONSUMER PRODUCTS Revenue - Branded business 70% India Business 30% International Business International Business 3,336 3,508 (5%)1 478 467 2% Total Branded business 11,249 10,512 7%2 1,490 1,343 11% Segment results - Branded business Non branded business 1,214 1,122 8% 93 91 2% Others / Unallocated items (38) (32) (127) (123) Total 12,425 11,602 7%3 1,456 1,311 11% NOTE: The Group has revised the composition of its reporting segments to align with the new structure in place w.e.f. FY22 1. Like for like revenue growth for International business, net of International foodservice business exits, -2% in constant currency 68% 32% International Business India Business 2. Like for like revenue growth for Overall branded business, +8% in constant currency 3. Like for like revenue growth for Total Group, +8% in constant currency 4. Revenue and results for the year, for India Beverages and India Foods on a proforma basis, with an estimated allocation of common costs • India Beverages: Revenue: FY22 Rs 5001 Crs (FY21: Rs 4562 Crs); Results: FY22 Rs 740 Crs (FY21: Rs 488 Crs) - Middle East has been regrouped from India Beverages in FY21 to International tea from FY22) India Foods: Revenue: FY22 Rs 2913 Crs (FY21: Rs 2442 Crs); Results: FY22 Rs 272 Crs (FY21: Rs 388 Crs) 45#4608 Concluding remarks#47TATA CONSUMER PRODUCTS To conclude Macros The recovery following the third wave of the pandemic in India has been swift. The geopolitical situation is exacerbating inflationary pressures. Inflation and its impact on consumer behaviour is going to be the key monitorable going forward in India. With the normalization of activity in our key international markets (US, UK, Canada), the in-home consumption is tapering off and the impact of broad-based inflation needs to be monitored. Business In FY22, we have continued to deliver competitive growth in our core businesses - gaining market share both in tea and salt. India Packaged Beverages business has seen a return to normalized margins and moderation of in-home consumption. In terms of growth, we are cautiously optimistic, given the macro environment. We will continue to focus on execution to drive growth. For the year, the foods business has seen good volume growth, driven by both Salt and Sampann. However, we will be lapping an extraordinary comparator next quarter. In terms of margins, we expect the cost pressure to continue for a while. Our Out Of Home businesses i.e. both Starbucks & Nourish Co have delivered a robust performance, despite two waves of the pandemic during the year. We expect continued momentum in both these businesses, subject to no new waves of the pandemic. We will continue to focus on growing Tata Soulfull and drive portfolio expansion. TSFL is on track for International expansion by Q2/Q3. In the international business, with a largely normalized operating environment, the focus will be on executing against plans, especially the 3 -brand strategy in tea. We will also be taking pricing actions as appropriate. Given the inflation and investments required for some of the new businesses, we will continue to optimize margins at the Consolidated level for the company. 47#4809 Other#49TATA CONSUMER PRODUCTS 1 Awards & recognition - Q4FY22 1& TATA CONSUMER PRODUCTS LEADERSHIP TATA CONSUMER PRODUCTS HAS Pasay C SSE SAL INDIAN CORPORATE GOVERNANCE ASSESSMENT evaluated by IIAS 2) Grocery id AWARDS" TATA CONSUMER PRODUCTS Has been recognised with a GOLD GROCERYAID AWARD 1. Corporate Governance Featured in the 'Leadership' category on the Indian Corporate Governance assessment for second year in a row by liAS - a testimony to the robust corporate governance practices of the Company. 2. Grocery Aid Award TCPL got recognized with a Gold at Grocery Aid Award for the support extended to Grocery Aid UK a charity that offers emotional, financial and practical assistance to UK's grocery industry and its workers 3 IIMB तेजस्ि 4ATA COFFEE Analytics Society of India Tata Coffee Plantations - Gold in the Occupation Health and Safety Category with a 4.5 Star Rating 3. Unlocking synergies TCPL, Tata Chemicals and Tata Insights & Quants came together to optimize Rail Logistics Planning for Salt and Chemicals and won the Best Paper award at 8th International Conference on Business Analytics and Intelligence (ICBAI) organized by IIM B, IISC 4. Environmental Leadership Tata Coffee won four awards at the OHSSAI HSE Excellence and Sustainability Awards 2021, a recognition of its efforts and commitment toward the environment and H&S of its employees. 8th International Conference on Business Analytics and Intelligence 2021 (ICBAI 2021) Best Paper Presentation Certificate This is to certify that the paper entitled Outbound Rail Logistics Planning for Salt and Chemicals using MIP and heuristics, authored by Akansha Dixit, Deepika Bavishi, Hussain A Kharodawala, Kunal Pandey and Surjit Laha, presented in ICBAI 2021-held during 20-22 December 2021 at Indian institute of Science Bangalore was adjudged as the Best Paper: Industry Participants. Dr. Mattingen. Dr. M. Mathirajan, FORSI Conference Secretary: ICBAI-2021 Department of Management Studies Indian Institute of Science Bangalore 560 012, Karnataka, INDIA 5k AWARDENT ICICI Lombard TATA CONSUMER PRODUCTS MASTERS OF RISK FMCG (LARGE-CAP) 5. Best Risk Management Practices TCPL won the Masters of Risk award for the 3rd consecutive year in the FMCG Sector Large Cap category at the 8th edition of the CNBC-TV18 India Risk Management Awards 49#50Shareholding information Pattern as on 31st March, 2022 Individual 22% MFS/ UTI/AIFs 6% Others 5% Promoter and promoter Group 35% Insurance Companies/ Banks 7% Foreign Institutional Investors 25% Stock data TATA CONSUMER PRODUCTS BSE Ticker NSE Ticker Market Capitalization (March 31, 2022) Number of Shares Outstanding 500800 TATACONSUM 716.4 bn 921.6 Mn. 50 50#51For more information Nidhi Verma Head - Investor Relations & Corporate Communication [email protected] Write to us at [email protected] Call us at +91-22-61218400 Thank You For media queries Satya Muniasamy [email protected] Last 10-year financials are available on Historical financial data tataconsumer.com TataConsumer TATA CONSUMER PRODUCTS in tata-consumer-products/ Otataconsumerproducts/ 51