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Investor Presentaiton

Q3 & 9M FY23: Key Developments Responsible Care OUR COMMITMENT TO SUSTAINABILITY Supply Side situation improves. Significant decline in Freight rates, raw material prices and improved availability vis-à-vis YTD Dec FY 22 aids performance While macro headwinds continue in AMET, Q-O-Q Volumes reflect some improvement. Slowdown in Europe impacts Specialty Volumes India remains resilient. Improving demand for premium categories aids growth. Demand for Mass and Masstige categories remained stable Pricing, Product Mix and Exchange Gain ensure EBITDA/MT stays well above the guided range 4 Galaxy Global Supplier to Global Brands While Supply Scenario continues to improve, Global Demand scenario remains uncertain. Given the volatility, risk management remains the key prerogative 4
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