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Investor Presentaiton

AEL: Updates on Established Businesses Adani New Industries Supply Chain Ecosystem • Project Update [Q1 FY23] o Module line trial run started for new 2.0 GW capacity plant o Cell line and comprehensive project expected COD by Sep 22 o Wind turbine erection completed, and testing started Operational Update o Sales during Q1 FY23 stood at 264 MW vs 271 MW in Q1 FY22 Capacity expansion to 3.5 GW to be completed by Q2 FY23 - Primary Industries (Mining services & IRM) • Maintained leadership with 50% market share in Mining Services business • Total Mining portfolio of 120 MMT with • current operational peak capacity of 51 MMT IRM business continues to maintain leadership position as the number one player in India adani IRM Integrated Resources Management | COD - Commercial Operation Date Operational Update Mining Production (In MMT) IRM Volume (In MMT) 26.69 4.73 71% 8.11 17.56 52% Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 19
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