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Investor Presentaiton

TATA POWER 3S Strategy to achieve leadership and sustainability TATA 1 141 Simplify Reorganized businesses internally to drive focused operation & growth • Divest and exit from non- core investments as well as subscale assets to free up capital • • 2 Together WE Achieve More Synergize Aligning with initiatives in new/emerging business areas at the Group level for maximum business impact Synergize within Tata Group and Tata Power Group • ● 3 GOAL Scale/Stretch Achievement of scale in focus businesses Value added businesses with high Rol to make significant contribution to profitability Improve return on capital employed in existing businesses Focused Strategy for unlocking value and drive future growth 18

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