Speeding Ahead Since 1947

W EXIDE Auto volumes likely to see uptick in the demand scenario Auto volumes are exhibiting a gradual recovery post the adverse impact in FY21 due to the coronavirus pandemic Passenger Vehicles 3.5 • 3.8 4.0 4.0 3.4 3.1 3.7 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Commercial Vehicles 0.8 0.8 0.9 1.1 0.8 0.6 0.8 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Two wheelers 18.8 19.9 23.2 24.5 21.0 18.3 17.7 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Overall Automobiles 23.9 25.3 29.1 30.9 26.4 22.7 22.9 FY16 FY17 FY18 FY19 FY20 FY21 FY22 EXIDE 75 SPEEDING AHEAD SINCE 1947 We are cautiously optimistic about further improvement in the demand Experts estimate automobile sales to grow by 5%-9% in FY2022-23 Improving consumer sentiments, continued preference for personal mobility, and an uptick in economic activities will be the key demand drivers Gradual stabilization of semi-conductor supply chains will support in increasing production Increasing demand for made-in-India two-wheelers in countries like Africa, Latin America and Southeast Asia to boost exports Increasing international demand for Indian agriculture products to improve farmer's income: benefits CVs and 2-W segments Source: Production Volumes, SIAM Note: Volume in unit Millions 16

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