Investor Presentaiton

Adani Group: A World Class Portfolio Flagship Incubator adani -USD 170 bn1 Combined Market Cap Infrastructure & Utility Core Portfolio Energy & Utility Transport & Logistics Primary Industry Materials, Metal & Mining Emerging B2C Direct to consumer (72.3%) (60.5%) (73.9%) (65.6%) (100%) AEL AGEL Renewables ATL APSEZ NQXT² T&D Ports & Logistics (37.4%) (75.0%) ATGL APL Gas Discom IPP I I I (100%) I Cement * (100%) PVC (100%) T Copper, Aluminum | I I (100%) ANIL (50%) AdaniConneX4 (100%) (100%) New Industries Data Centre AAHL Airports ARTL Roads (100%) Mining Services & Commercial Mining| (44.0%) AWL Food FMCG I (100%) ADL Digital (%): Promoter equity stake in Adani Portfolio companies (%): AEL equity stake in its subsidiaries adani - Represents public traded listed verticals A multi-decade story of high growth centered around infrastructure & utility core 1. Combined market cap of all listed entities as on June 30, 2022, USD/INR - 78.90 | 2. NQXT: North Queensland Export Terminal | 3. ATGL: Adani Total Gas Ltd, JV with Total Energies | 4. Data center, JV with EdgeConnex, AEL: Adani Enterprises Limited; APSEZ: Adani Ports and Special Economic Zone Limited; ATL: Adani Transmission Limited; T&D: Transmission & Distribution; APL: Adani Power Limited; AGEL: Adani Green Energy Limited; AAHL: Adani Airport Holdings Limited; ARTL: Adani Roads Transport Limited; ANIL: Adani New Industries Limited; AWL: Adani Wilmar Limited; ADL: Adani Digital Limited; IPP: Independent Power Producer * Acquisition of Ambuja Cements Ltd and ACC Ltd for -66MTPA of capacity is under regulatory approvals and with this acquisition, Adani is now India's second largest cement manufacturer 5

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