Investor Presentaiton

TATA CONSUMER PRODUCTS Executive Summary During the quarter, Consolidated Revenue grew 8% YoY, bringing the YTD growth to 10%. On a 3-year CAGR basis, this translates to ~12% revenue growth. Consolidated EBITDA for the quarter declined 2% YoY, bringing YTD growth to 5%. On a 3-year CAGR basis, the consolidated EBITDA grew 12%. During the quarter, India business¹ grew 8% driven by O India Beverages² business decline of 5%, with a 5% volume decline, on a 3-year CAGR basis, the business grew revenues at 12% p.a. India Foods³ business growth of 29%, with 4% volume growth, on a 3-year CAGR basis, the business grew revenues at 21% p.a. International business revenue was up 4% during the quarter, bringing YTD revenue growth to 7%. 4 EBITDA for the India business grew 13% YoY however inflationary pressures, currency weakness, and lag in pricing in the International business dragged down the Consolidated EBITDA. Margins in the International business improved QoQ. Continued stress in rural & delayed winter, in some of our salient markets led to market share softness in tea. We continued to gain market share in salt. Growth businesses continued their strong trajectory, growing 53% YoY during the quarter - these now account for 13% of our India branded business. 1 Includes India beverages & India Foods business, including NourishCo. 2 Including NourishCo revenue, but volume doesn't include Nourishco volumes 3 Including Tata Soulfull, Tata Q revenues. Volume doesn't include Soulfull/Tata Q volumes 4 Q3FY23 constant currency growth of 2%, 9MFY23 constant currency growth of 5%. 9

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