Q3 FY24 Distribution Update

Superior Risk-Adjusted Total Returns to Investors Annualised Return Total Returns¹ IndiGrid 5% 6% 12% 14% 14% 16% 15% 4%² 42% 46% 112% 142% 141% 170% 150% 32% | | 30% 107% 146% 126% 44% -2% 47% -1% 82% 130% 12% 15% 24% 42% GSEC Bond (10 year) GSEC Bond (30 year) IndiGrid NSE 500 NSE INFRA BSE Utilities PGCIL 29% PGCB%nvIT Beta³ vs NSE 500 10Y GSec Bond4 30Y GSec Bond4 IndiGrid NSE 500 NSE INFRA BSE Utilities PGCIL PGCIL InvIT 0.01 0.02 0.07 1.00 0.96 0.93 0.55 0.13 Price Change ■Distribution Source: Bloomberg (1) Total return is sum of all distributions since listing (Jun '17) and change in price till Dec 31, 2023 (2) PGCIL InvIT listed in May 2021 (3) Beta refers to Historical Beta calculated on a weekly basis since listing of IndiGrid to Dec 31, 2023 (4) 10Y GSec Bond refers to IGB 6.79 15/05/2027; 30Y to IGB 7.06 10/10/46 Corp Consistently outperforming on a risk-adjusted basis 13

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