Investor Presentaiton

" Forklifts 2 No. 3 player in the market - ~ 18% market share Expertise and capabilities available to achieve leadership position Operating at 40% capacity Product Electric, Diesel and LPG operated Forklift Trucks ACE Capacity Class: 1.5 tons - 10 tons Our Position ACE Strategy Going Forward Key customers are corporates - used mainly in factories Key Driver - Increase in logistics and warehousing activities to drive sales " Huge potential in the segment with high margin led growth Market Environment " Development & expansion of corporate sales channel through dealer leverage 23

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