Investor Presentaiton

AAC Industry Scenario - Global & India Global Scenario: • • The global AAC market is valued at about USD 19.5 Bn in 2021 and is further expected to grow at a CAGR of 6.20% during the forecast period of 2023-31 to reach almost USD 34.3 Bn by 2031. The Asia Pacific region is projected to hold the largest market share in the AAC Market globally. China's emergence as a global manufacturing hub has increased the demand for blocks, cheap labor, and easy availability of raw materials to boost the production. • The growing population and urbanization is expected to drive the growth of the market. The AAC market is expected to demonstrate the fast growth due to the development of smart cities and green buildings, including the commercial, and residential buildings. Moreover, increasing government investments in infrastructure projects is also expected to propel the growth of the regional market. Indian Scenario: • • • . India is considered as the New land of Opportunity for AAC Blocks industry. The Indian AAC blocks market is anticipated to register INR 11,095 Crs at a CAGR of 14.3% during the forecast period 2020-27. India is the second largest block manufacturer in the world after China. Indian block industry is almost entirely unorganized and characterized by the presence of large number of small scale manufacturers which compete with one another at the regional level. India has a total of 150-180 plants whereas China has over 3,000 plants. Despite the high growth of AAC Block in building applications during the last decade, it is only 7-8% of the industry, while 85-90% of the industry is still dominated by Red Bricks, which means enormous potential in the years to come. Recent developments indicate that Indian markets are increasingly accepting AAC blocks as a sustainable alternative for clay and red bricks. However, a lot more traction will follow in the near future as builders and architects increasingly become aware of the cost, sustainability and structural advantages of AAC blocks. In 2021, India was ranked third in the US Green Building Council (USGBC) annual list of top 10 countries outside the US for leadership in Energy and Environmental Design (LEED). India Market share 2015 ~4%~1% ~95% ■ Others ■Red Bricks ■ AAC Blocks India Market share 2022 ~10% ~5% Sources: Research Dive, Global News Wire BIGBLOC CONSTRUCTION LIMITED ~83% ■ Red Bricks ■ AAC Blocks ■ Others 21

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