Trailblazing Legacy & Corporate Developments

Positive momentum in Hospitality Segment Hospitality performance was impacted by state-wide restrictions due to third wave of covid in Jan 22 and mid Feb 22 56% Showcased impressive revival after mid Feb 22; Occupancy reached 64% and ARR touched 78% of pre-covid levels during March 22 Witnessed sharp recovery in F&B segment, banquet events both corporate and social, leisure and group travel Witnessed positive trend with the restart of international flights, uptick in corporate movement and rescheduling of mega events • Expect hospitality business to show consistent improvement 23% 44% BRIGADE 5,348 3,008 3,562 FY 20 FY 21 FY 22 ARR -Occupancy Grand Mercure, Bangalore 64% 60% 62% 56% 35% 47% 3,542 3,874 4,127 2,832 3,748 4,151 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 ARR Occupancy Hospitality EBITDA increased by 305% to INR 227 Mn in FY22 vis-à-vis FY21 14

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