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Investor Presentaiton

MAX INDIAED LIMITED Max Group has created value through its entrepreneurial spirit... First wave: Early years, Started with Manufacturing Businesses (1982 - 2000) Started its journey & with trading Manufacturing businesses Pharma: Penicillin-based drug . Packaging Films: Max Speciality Films • . • • Electronics: Partnered with Avnet Cellular services: JV with Hutchison Paging services: Tie-up with Motorola Communication & Satellite: Comsat JV Printed Circuit Board: JV with Atotech Divested 40% stake in ⚫ Divestment: Telecom business for a gain of 488 Cr Second wave: Group reinvented from a B2B conglomerate to a B2C company (2000 - 2014) Reinvented itself ... Shifted from B2B to B2C : • Life Insurance: JV with NYL in 2001, new JV partner MSI in 2012 Health Insurance: JV with Bupa in 2009 Healthcare: JV with LHC in 2012, LHC equalize stake in 2014 invested 766 Cr Senior Living: Launched first community in Doon in 2013 Fund Raised: Warburg invested 340 Cr in 2005; 1000 Cr QIP in 2007; IFC invested 450 Cr till 2009; GS invested 522 Cr in 2010 Third wave: Corporate restructuring to unlock value & Portfolio Rebalancing (2015-2020) Demerger, Wider world of businesses through MVIL, Portfolio rebalancing, Holistic Senior care service provider : • • • Demerger: Spilt into 3 entities, Max Financial, Max India & Max Ventures • Wider world of businesses: MVIL forays into Real Estate; NYL acquires 22.5% stake in MVIL; Toppan inducted as JV partner in Max Speciality Films Re-balancing Portfolio: MHC merged with Radiant to create 3rd largest Hospital chain; True North acquired Max's stake (51%) in Max Bupa for Rs 543 Cr Holistic Senior care service provider: Antara aspires to create an ecosystem for seniors offering a blend of lifecare & lifestyle products. 4
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