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Investor Presentaiton

TATA STEEL Progressing on decarbonisation journey in Netherlands and UK Programs underway to remain cost competitive UK operations Netherlands operations TATA High quality differentiated strip products for Auto, Construction, Packaging and General engineering ■ Discussions with government in relation to decarbonisation journey of operations Successfully derisked British Steel Pension Scheme (BSPS) with insurance buy-in over last few quarters Scrap charging in blast furnace and collaborating actively with technology partners for greener products across segments ■ Caters to Automotive, Construction, Consumer durables and General engineering segments ■ Committed to achieve 35 - 40% CO2 emission reduction by 2030 ■ Discussions with government and technology partners are already underway Programs such as Roadmap+ initiative to remain amongst most cost competitive sites in EU while becoming "green" and "clean" Note: UK United Kingdom, EU - European Union 7
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