Investor Presentaiton

World Market Share [%] 100% Products to meet the evolving requirements Growth of Glass-Glass modules 90% 80% 70% 60% 50% 40% World Market Share [%] 30% 20% 10% 0% 2020 ITRPV 2021 Growth of Thinner glass 100% 90% 80% 70% 60% 50% 40% ITRPV 2021 30% 20% 10% 0% 2021 2023 2025 2028 2031 2020 2021 2023 2025 2028 2031 glass front - glass back >3mm between 2 mm to 3 mm <2mm glass front-foll Growth of Bifacial modules Solar PV market is moving towards • Bifacial modules • • Glass to glass modules Frameless modules In order to achieve the optimum module weight, the Solar PV market is moving towards use of thinner glass 100% 90% 80% 70% 60% 50% 40% 30% 20% ITRPV 2021 10% 0% 2020 2021 Bifacial modules Monofacial modules 2023 2025 2028 Ref: International Technology Roadmap for PV 2021 Advanced Applications Thinner Glass Bifacial solar modules Floating solar modules Upcoming segments of 2031 Building Integrated PV bifacial c-Si modules with bifacial cells monofacial c-Si modules with bifacial cells monofacial c-Si modules with monofacial cells Withstood 180 Mpa (Standard 90 Mpa as per EN 12150-1) USPS Lesser in weight Enhanced mechanical strength Long term durability with least degradation (Frameless modules with 2 mm front & back glass) As a leading supplier of fully tempered thinner glass (up to 2mm), we are poised to serve these emerging segments 34 | and some of our customers have already obtained certification for 2.8 and 2.5 mm glass BOROSIL renewables

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