Investor Presentation August, 2022

Capacity utilization trend GULSHAN POLYOLS LIMITED FY20 FY21 FY22 Q1FY23 Sorbitol (Bharuch) Installed Capacity (MT) 72,000 72,000 72,000 18,000 Capacity utilization (MT) 54,000 56,378 64,214 16,248 Capacity utilization (%) 75% 78% 89% 90% Starch (Muzaffarnagar) Installed Capacity (MT) 73,800 73,800 73,800 18,450 Capacity utilization (MT) 36,887 38,179 60,216 12,872 Capacity utilization (%) Sugar (Muzaffarnagar) Installed Capacity (MT) Capacity utilization (MT) 50% 52% 82% 70% 36,000 36,000 36,000 9,000 17,285 30,392 42,212 8,062 Capacity utilization (%) 48% 84% 117% 90% Investor Presentation August, 2022.

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