Investor Presentation

Spirits Industry in India Faced by challenges in the near term; long term dynamics remain intact Sales of Spirits by Category (Volume) Sales of Spirits by Category (Value) 19.0% 3.6% 65.3% 12.1% 2020: 284 million cases 19.5% Radico RADICO KILAITAN LTD. 3.7% Industry CAGR: 5.9% 64.2% 12.6% 6.1% 77.1% 7.7% 6.6% 76.2% 8.4% Industry CAGR: 5.7% Whisky: 5.4% Whisky: 5.4% 2024: 9.1% 8.8% Brandy: 356 6.5% million 2020: Rs. 2,162 billion 2024: Rs. 3,053 billion Brandy: 4.9% Rum: Rum: cases 6.9% 8.1% White White Spirits: 6.5% Spirits: 7.9% 。 Spirits sales in India is expected to be 284 million cases in CY2020 representing a decline of 15.3% over CY2019 due to ongoing pandemic scenario During 2020-24 period, IMFL sales value is expected to grow at a CAGR of 5.7% and sales volume at 5.9% Vodka industry growth Premium Vodka Super Premium Vodka indicates a Overall strong premiumization trend 4.1% Source: Euromonitor International (May 2020) Investor Presentation | November 2020 5.1% 7.8% 2014-19 volume growth 60% 66% 2014 2019 Super-Premium and Premium Vodka 2

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