Investor Presentation

Building Scale in Food Business Multi-fold Revenue growth Improving EBITDA Margins in INR Crores 4,067 5.4x 2,611 1,937 1,508 1,906 1,010 1,123 748 2.8% 2.6% 2.4% 0.2% FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY21 FY22 FY23 9M'24 Food & FMCG Revenue: YoY % 38% FY22 55% FY23 40% 26% 9M'24 FY22 Market Leadership across Categories Rice #3 Player #2 #2 Wheat Player Flour Besan Soya Products Others Player #2 Player Capacity Utilization % 44% FY23 Foods Business is a much larger opportunity for AWL. Currently, the Company is investing in the business. 53% 9M'24 fortune edible oils and foods

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