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Investor Presentaiton

New Age Vertical-Hydrogen Fuel Cells/ Electrolyzers TM GER™ GUJARAT FLUOROCHEMICALS VALUE THROUGH GREEN CHEMISTRY An INOX GFL Group Company BEYOND INFINITY APPLICATIONS PRODUCTS HYDROGEN FUEL CELLS / ELECTROLYZERS Fluoropolymers (FKM, PTFE, FEP) • Membranes • Charging Accessories Green hydrogen has the potential to decarbonise industry, transport, energy and heating leading to significant emission reductions. There are around 200 hydrogen fuel cell projects currently announced in Europe alone, with investments focussed across multiple industries, from transport to heavy industry. (Source: Hydrogen Council, Europe). In India, major business houses have already announced huge capital outlay in the hydrogen sector. Electrolysers enable the transformation of renewable energy such as wind and solar power into green hydrogen. Fluoropolymers are integral to the functioning of Electrolysers. In addition, fluoropolymer based proton exchange membranes (PEM) form the heart of fuel cells and electrolysers. GFL with its rich experience and a portfolio of majorly Fluoropolymers is well equipped to cater to the Fluoropolymers required for the hydrogen electrolysers, fuel cells and charging stations. GFL has also taken up the project to indigenously develop and produce the PEM membranes. GFL expects this initiative to offer a sustained business growth over the foreseeable future. POLYMER ELECTROLYTE MEMBRANE (PEM) FUEL CELL FLOW OF CURRENT GAS DIFFUSION e LAYER 02 FUEL CELL H₂O H2 GAS DIFFUSION LAYER H2 CATHODE (+) ANODE (-) POLYMER ELECTROLYTE MEMBRANE (PEM) 24 24
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