Q1 FY23 INVESTOR UPDATE

Key growth drivers 01 02 03 04 Global Infrastructure Spends . Electrification Rise in Power spending Considerable investment dedicated to infrastructure China Plus One Risk diversification with increased manufacturing capabilities New market access Carbon Neutrality Adoption of diverse renewable energy solutions Consolidation of supplier base Organized businesses, higher compliance D www.w www Q1 FY23 INVESTOR UPDATE 22 APAR Tomorrow's solutions today.

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