Investor Presentaiton

Q1 FY2023: Bridge between Reported and Operating EBITDA Q1FY23 Reported EBITDA Margin India Indonesia Africa, USA & Middle East Latin America & SAARC 22.9% 15.0% 7.7% 1.0% Business support charges, Royalty & Technical fees (₹ crore) (6.8) 1.2 5.1 0.5 Q1FY23 Operating EBITDA Margin 22.5% 15.3% 8.3% 1.4% Q1FY22 Operating EBITDA Margin 26.3% 23.4% 9.9% 13.6% Change in EBITDA Margin (bps) (380) (810) (160) (1,220) Change in EBITDA + Working Media (250) (720) (60) (1,020) Margin (bps) 10

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