Investor Presentaiton

Promoters: Adani Group Flagship adani Infrastructure & Utility Core Portfolio I Incubator (72.3%) Energy & Utility (60.5%) (73.9%) AEL AGEL Renewables ATL T&D I (37.4%) (75.0%) I I ATGL Gas Discom APL IPP I I adani wilmar For a healthy growing nation fortune edible oils and foods ~USD 170 bn1 Combined Market Cap Primary Industry Emerging B2C Transport & Logistics Materials, Metal & Mining Direct to consumer (65.6%) (100%) (100%) APSEZ Ports & Logistics NQXT² Cement * I I I I (100%) I ANIL I New Industries (50%) AdaniConneX4 Data Centre (100%) (100%) AAHL Airports ARTL Roads (100%) (44.0%) PVC AWL Food FMCG (100%) Copper, Aluminum (100%) Mining Services & Commercial Mining (100%) ADL Digital (%): Promoter equity stake in Adani Portfolio companies (%): AEL equity stake in its subsidiaries A multi-decade story of high growth centered around infrastructure & utility core - Represents public traded listed verticals 1. Combined market cap of all listed entities as on June 30, 2022, USD/INR - 78.90 | 2. NQXT: North Queensland Export Terminal | 3. ATGL: Adani Total Gas Ltd, JV with Total Energies | 4. Data center, JV with EdgeConnex, AEL: Adani Enterprises Limited; APSEZ: Adani Ports and Special Economic Zone Limited; ATL: Adani Transmission Limited; T&D: Transmission & Distribution; APL: Adani Power Limited; AGEL: Adani Green Energy Limited; AAHL: Adani Airport Holdings Limited; ARTL: Adani Roads Transport Limited; ANIL: Adani New Industries Limited; AWL: Adani Wilmar Limited; ADL: Adani Digital Limited; IPP: Independent Power Producer * Acquisition of Ambuja Cements Ltd and ACC Ltd for ~66MTPA of capacity is under regulatory approvals and with this acquisition, Adani is now India's second largest cement manufacturer 5 5

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