Q1 FY23 INVESTOR UPDATE

Conductors - One of the largest global manufacturers APAR Tomorrow's solutions today ACCC OPGW Copper Railway conductors CTC Turnkey Solutions Strong leadership & competitive edge 1.8 lakh MT p.a. capacity FY22 revenue of INR 4,200 crore, 13.3% FY17-FY22 CAGR Largest manufacturer in India O O O о O O Pioneer in aluminium alloy rod & conductors Technology tie-up with CTC-Global, USA, for ACCC conductors One of the first to test successfully 765KV & 800KV conductors in India Supplies to all top 25 global turnkey operators and leading utilities Manufacturing since 1958 Strategic focus on higher-value products (49% in FY22 up from 33% in FY21) Adj. EBITDA* per MT at INR 17,095 in FY22 INR 343 crore invested in FY16-FY22 ○ Jharsuguda, Odisha plant (Sep'16). Logistical benefits with proximity to smelters, capture growing generation capacity in eastern India ○ Aluminium rod facility at Lapanga, Orissa ○ Agreement with Hindalco for sourcing molten metal, cost saving of Rs 1,000/ MT ○ New products launched - Copper conductor for Railways, Optical Ground Wire o (OPGW) & CTC for transformer industry (Q1 FY20) Q1 FY23 INVESTOR UPDATE 14

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