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Investor Presentaiton

COMPANY LEVEL OUTLOOK GFL GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY TM ◉ ☐ Company's performance in coming quarters is expected to be driven by improved capacity utilisation in PTFE, New Fluoropolymers and Fluorospecialty Chemicals All growth is expected to come from products / segments that have a higher profit margin, thus improving the margin profile of the Company Most of the capex required for above capacity is already incurred, and no signficant additional capex expected for present product lines Debt levels are expected to be pared down, improving leverage, from: Operating cash flows ◉ • Working capital optimization Income tax refunds received 30-07-2020 27

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