Investor Presentaiton

New Age Vertical-Electric Vehicle Batteries TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOXGFL Group Company BEYOND INFINITY APPLICATIONS PRODUCTS ELECTRIC VEHICLES BATTERIES ⚫ PVDF Electrode Binders • Battery Chemicals • LiPF6 . • Additives • Electrolyte Formulations Battery demand 2030 for EVs, energy storage and consumer electronics is estimated at 2633 GWH with EV battery chain providing revenue opportunities of 300 Billion US$ by 2030. (Source: World Economic Forum, Mckinsey Analysis dated October 2019). Almost a dozen companies are planning to set up EV Battery manufacturing plants in India over the next few years, in line with the Government push to make India a significant global manufacturer of EV vehicles. GFL is in the process of setting up an integrated battery chemicals complex. In addition, GFL has developed suitable PVDF grades for cathode binder application. This initiative will require significant capex in the next few years and will ensure a robust growth in revenues and profits. DISCHARGE CATHODE (+) ALUMINIUM CURRENT COLLECTOR ELECTRON 00000 LITHIUM-ION BATTERY ELECTROLYTE Li PVDF BINDER LI-METAL OXIDES 00 00 CATHODE (+) ELECTROLYTE ANODE (-) COPPER CURRENT COLLECTOR ALUMINIUM CURRENT COLLECTOR LI-METAL CARBON LITHIUM ION PVDF SEPARATOR ELECTRON Li CHARGE ANODE (-) COPPER CURRENT COLLECTOR LI-METAL CARBON PVDF BINDER LITHIUM ION PVDF SEPARATOR LI-METAL OXIDES 22 22

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