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Investor Presentaiton

Possibilities What advantage for VSSL after alliance with Aichi VARDHMAN SPECIAL STEELS LTD. A COMMITMENT TO QUALITY ■ Future Ready products - Patent steel grades developed for special application in EV's, hybrid and conventional Cars ■ Own In House R&D - Toyota Car Company takes input from Aichi on special steel to be developed car parts. It means we can target more approvals for VSSL in Maruti Suzuki and Toyota ■ More customers for Vardhman in India and ASEAN region Export expected to increase from current 1% in FY 2021 to expected 20%-25% by FY 25 ■ Ministry of Environment grants Environmental Clearance for expansion from 2,00,000 MT per annum to 2,80,000 MT per annum of rolled capacity ■ Forward Integration of VSSL into specialised Forging plant in India 118 Road map of production volume (billets) < Steel Production Volume > 200,000 MT FY20~22 220 250,000 MT 250 300,000 MT 300 FY23~25 FY26~28 31
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