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Investor Presentaiton

3 Strong focus on operational efficiency with best-in-class conversion costs Ongoing initiatives Parameter(a) SW Steel TATA STEEL posco NUCOR voestalpine Severstal NIPPON STEEL & SUMITOMO METAL Project Description Vijayanagar Works Expanding 10/10 Capacity 9 8 9 7 6 6 • Pipe Conveyor system To transport Iron ore from the mines to the Vijayanagar plant with a capacity of 20 MTPA (Phase 1 completed) Location in high 10/10 8 7 CO 6 LO growth markets 5 6 4 • Environmental friendly solution and reduction of transportation costs Pellet and coke Setup 8 MTPA pellet plant and 1.5 MTPA coke oven Conversion costs; yields 10/10 8 10 10 10 8 10 Labor costs 10/10 7 7 8 LO 5 9 00 6 Dolvi Works Capacity expansion 4.5 MTPA BF with 5 MTPA Steel Melt Shop and 5MTPA Hot Strip Mill Cost cutting efforts 9/10 7 9 7 10 8 8 00 • Coke Oven Phase 2: Second line of 1.5 MTPA coke oven battery along with CDQ Aggregate rank 17 Vasind Works, Tarapur Works and Kalmeshwar Works Modernization and enhancement of capacity by 1.5 MTPA by setting up PLTCM #1 ranked Indian player(b) Capacity modernization o Increase in GI/GL capacity by 1.08 MTPA 。 Color coating line by 0.28 MTPA Setup additional 0.25 MTPA tinplate line at Tarapur Enhancing capacity of pre-painted galvalume line (PPGL) at Kalmeshwar by 0.22 MTPA #3 ranked Asian player(b) #7 ranked Global player(b) Source: World Steel Dynamics (World-Class Steelmaker Rankings as of June 2019) (a) All quoted numbers are scores assigned out of 10 on World Steel Dynamics' World-Class Steelmaker Rankings as of Jun 19 (b) JSW Steel On the basis of weighted average score out of 10 across 23 different parameters from World Steel Dynamics' World-Class Steelmaker Rankings as of Jun 19 13
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