Investor Presentaiton

What makes Manyavar Special Aspirational Yet Value for Money ■ Aspirational Brand with Aristocratic & seamless customer experience ■ Uniform pricing across online & offline channels in India ■ No discounts/ end-of-season sales for Manyavar brand ■ Multi Decade growth Opportunity for the Category from here Multi-brand Product Portfolio ■ One-stop destination with wide product portfolio for men, women & kids catering to all celebratory occasions across price points ■ Low level of obsolete & dead stock ■ 52 Week Design collection Model Strong Control Over Entire Ecosystem Strong design capabilities with data-driven/ Al backed decision-making and demand forecasting ■Tech-driven unique supply chain & inventory mgmt. with Automated Replenishment System at pin code level 3 ■ Integrated secondary sales network with full visibility of products sold at our stores Having First mover advantage, VFL scaled up and organized highly unorganized and fragmented category Curated Marketing Strategy with Multi Channel Presence ■ Emotional connect with theme-based campaigns ■ Celebrity brand ambassadors ■ Omni-channel network with pan-India presence 5 Industry Leading Economics ■ World Class Financial Matrix in apparel retail being largest company in India in men's Indian wedding & celebration wear by Revenue, OPBDIT & PAT* ■ Asset light & franchisee-led EBO distribution model with high cash conversion ratio ■ Leads the peer set in terms of financial & operational metrics Strong Corporate Governance Experienced management with rich functional expertise ■ Big 4 statutory auditor coupled with eminent Board of Directors ■ Embraces ESG & promotes CSR Source: *Crisil Report; As of FY20 (latest available) Vedant Fashions Limited • 6

View entire presentation