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Investor Presentaiton

India Aviation - A Strategic Market India Aviation Industry . Low penetration of flying (0.07 trips per capita per annum vs. 0.3 in China) Norway Globally India has low domestic penetration for flying (trips per capita per annum) 5.24 • 3rd largest domestic aviation market in 2016; poised to become 3rd largest global aviation market by 2025 Australia 3.5 USA 2.59 Canada 1.57 Indian aviation industry has grown @ -10% in the last 5 years; high growth expected to increase over the next 5 years Japan 1.18 Brazil 0.65 Aviation policy aims for domestic ticketing of 500 million & international ticketing of 200 million by 2027 France 0.49 Germany 0.43 UK 0.42 10 Largest Air Passenger Markets Over 2016-2036 China 0.34 Rank, based on no of passengers India 0.07 1 2 5 9 Passenger traffic at Indian Airports Total Passengers Handled (millions) at Indian Airports, fiscal years 2012 - 2022 (million) 600 500 400 CAGR: 12-14% 500 448 399 352 300 CAGR: 10% 311 265 224 200 162 159 169 190 100 10 10 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 adani 0 FY12 FY13 FY14 FY15 FY16 Source: CAPA Advisory Research FY17 FY18P FY19P FY20P FY21P FY22P 36
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