Q2FY23 Performance Update

State of the Art Manufacturing Facilities with focus on quality STOVEKRAFT Baddi, Himachal Pradesh Dedicated in-house R&D facility Comprising of 13 personnel and tie-ups with foreign companies for technology enablement ISO 9001:2015 certified Focus on quality is maintained at all stages Sourcing of raw materials Product development Manufacturing stage Bengaluru, Karnataka Rigorous review and monitoring process Subject to a rigorous review and monitoring process undertaken at our Bengaluru Facility Sourcing team and quality assurance team Dedicated sourcing team and quality assurance team based out of China Total ~46 acres with ~30 acres available for future expansion Both facilities have a high level of backward integration, and our manufacturing process is not dependent on third party suppliers and OEMs 12

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