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Investor Presentaiton

Business updates GUJARAT GAS • Achieved milestone of connecting 20 Lakh Domestic customers during current quarter • Highest ever CNG volumes of 2.62 mmscmd in Q2 FY'24 on the back of investments in station infrastructure (13% higher than 2.32 mmscmd in Q1 FY'23) • Gujarat Gas has won the "Supply Chain Champion" Award in Oil & Gas industry category by the Institute of ● ISCM (India Supply Chain Management) in its 9th edition of annual rankings GGL credit rating reaffirmed as AAA/Stable (highest rating level), with increase in rated fund / non fund based Bank facilities from Rs 8,550 Crores to Rs 12,050 Crores Digitization initiatives started across various areas viz. PNG & CNG integration with ERP, LNG Tanker management, Billing, Collection, Vendor invoice submission, E-filing etc • • Highest ever Dividend @ 332.5 % on face value of Rs 2 per share approved by Shareholders in AGM Consumer friendly policies to help sustainable growth in CNG & PNG (residential) • APM price capped at $ 6.5 per mmbtu from 8th April 2023 • VAT reduction from 15% to 5% by Government of Gujarat 10
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