Investor Presentation August, 2022

Current ethanol blending levels GULSHAN POLYOLS LIMITED 10 8 00 6 Ethanol Procrement by OMC's (in crore litres) Blending in Petrol achieved % 9.9% 8.0% 5.1% 4.2% 5.0% CAGR 29% اس + 3.5% 2.33% 2.1% 2 1.53% 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 OMC have finalized tenders for 428.56 Cr. Litres out of which 415.88 Cr. Litres has been contracted out of which 186.2 Cr. Litres has been delivered till 8th May 2022 resulting in Pan India Ethanol Blending of 9.9%. Source: Report of the Expert Committee, NITI Aayog | Ministry of Petroleum and Natural Gas Investor Presentation August, 2022. 25

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