Investor Presentation August, 2022

Key highlights of ethanol segment Investor Presentation August, 2022. 20% ethanol blending target from current ~ 9.5% gives immense opportunity for growth. One of the first and pioneer in producing ethanol from damaged grains. Current capcity of 60 KLPD and 750 KLPD in development. Facility backed by inhouse captive power plant of 2.2 MW. Have entered into 10 year long offtake agreement with OMCs for ~50% of capacity. GULSHAN POLYOLS LIMITED 23

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