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Investor Presentaiton

What Differentiates Us? Core Strengths 1 Captive mines with R&R base of 404.4 million MT ensuring mine life of 25+ years 3 2 Integrated metal production supported by captive power plants Low cost of operations driven by quality assets and recovery from waste 4 Market leadership in India with strong presence in emerging economies of Asia 2500 Z vedanta transforming elements Among the Lowest Cost Producers of Zinc Zinc Mine Composite Costs Curve 2250 2000 1750 1500 C1 Cash Cost ($/t Zn) 1250 1000 750 500 250 Hindustan Zinc Peer 1 Peer 2 Peer 3 Peer 4 0 0 10 20 30 40 50 60 70 80 90 100 Cumulative Production (Percentile) Source: Wood Mackenzie Research (Q2 2017) Note: C1 cash cost includes by-product credits Leading the Way with Fully Integrated Operations 4 Peer 5
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