Investor Presentation May 2018

Quarterly Performance Overview Same Store Sales Growth (%) 9.9% BIG BAZAAR Making India Beautiful 15.1% 15.3% 15.3% 15.9% 13.8% 13.1% 11.0% 8.8% Y FUTURE RETAILI FUTURE RETAIL!III 13.1% 13.3% 12.5% 11.8% 10.2% 10.4% ill II 6.0% Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Income from Operations (₹ cr.) 4,575 4,484 Q4 FY17 18.1%* Q4 FY18 Gross Margin (%) 27.0% 24.9% 1,117 Q4 FY17 210 bps 1,234 174 EBIT (cr.) 7% 3.9% 187 4.1% Q4 FY18 Q4 FY17 Q4 FY18 *Underlying Y-o-Y growth adjusting for eZone rationalization, Home Town demerger and GST impact FRL SSSGs are on like-to-like basis FRL | Investor Presentation | May 2018 (29

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