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Investor Presentaiton

Value Realized ClubMahindra Upfront Admission Fee 0 Timeline (years) Resilient Business Model Income from Financing Admission Fee Resort - FIT Annual Subscription Fee Interest Resort - Members Recurring Revenue Streams: ASF*, Resort Income Value Creation Upfront Admission Fee Built-in Multiple Annuity Streams Residual Value Residual Value*: Opportunity for 2nd cycle - ZERO Marginal cost of Inventory *Inflation not considered 25 726

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