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Investor Presentaiton

TATA STEEL Focused on staying cost competitive through business cycles Cost improvement initiatives to optimise cash flows 5-year cost savings at Tata Steel India¹ TATA 3,556 FY19 6,545 5,369 5,463 FY20 FY21 FY22 In Rs crores 6,309 Scaling up Iron ore mining capacity in India 6 MTPA pellet plant commissioned at Tata Steel Kalinganagar FY23 Conversion cost per ton of deliveries Conversion cost per ton CPI Headline (%, YoY) 7% 23,373 3% 22,491 FY19 FY20 FY21 FY22 FY23 Note: 1 India incl. Tata Steel Standalone and Tata Steel Long Products, CPI - Consumer Price Index Improving logistics - Slurry pipeline, Inland waterways 15
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