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Investor Presentaiton

Strategy 2.0 (2023-2030) - at glance 1 GW/ annum PV Module Solar Module manufacturing (W-C-M) under PLI scheme 2025 Growth driven by internal accruals JSW Energy Forward integration of RE generation 40 GWh/5GW ~3,800 TPA 20 GW GENERATION CAPACITY Locked in Sites with Solar / Wind Potential 2030 Backward Integration To PV modules ENERGY STORAGE Pump Hydro Storage Battery Energy Storage 2030 ELECTRONS TO MOLECULES Green Hydrogen Production, plant to be operational in 2025 2025 Normalised Net Debt/EBITDA to be in the range in 3.5x-4.0x Balance Sheet Size to grow at 22% CAGR 27 22

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