Investor Presentaiton

Highway Portfolio Monetization - Actis Deal Contrac Authority 23,090 Project Name Status t Type /Client In mn 17,150 Delhi-Meerut Expressway (Pkg 1) HAM NHAI Chutmalpur-Ganeshpur HAM NHAI COD achieved COD achieved 1.5x Gagalheri-Saharanpur- HAM NHAI COD achieved Yamunanagar Chikhali-Tarsod HAM NHAI COD achieved Maharashtra Amravati (Pkg AM 2) HAM MH PWD Mukarba Chowk - Panipat BOT (Toll) NHAI COD achieved PCOD achieved ■Equity Invested (Book Value) Proceeds from Divestment Obtained all necessary regulatory and statutory approvals for First Closing and divestment of 100% stake in HAM assets and 49% stake in BOT toll assets from NHAI, PWD and lenders. Expected Receivables 2,470 Mn link to certain milestones expected before March'23 2,690 Mn to be disbursed after achieving balance 51% equity approval from NHAI with respect to Mukarba highway project ~60,000 Mn Enterprise Value #Excl. ~ 30,000 Mn Construction linked milestone/grant payments received/receivable from NHAI and PWD - Government of Maharashtra ~ 35,440 Mn Debt* As on the date of First Closing *includes the undisbursed portion of * 590 mn WELSPUN ENTERPRISES LIMITED 16

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