Investor Presentation May 2018

Performance Benchmarking IIII - R FUTURE RETAILI ☑ ₹ 399 What we set out for Addition of 20-25 large stores Big Bazaar target SSG: 12-15% Small Stores to achieve breakeven About 800 small stores by Mar '18 Strong case of margin improvement "More out of the Same" >>> ✓ >>> What we delivered 50* new stores added during the year (*including Hypercity) 13.4% Big Bazaar SSG for FY18 On track to deliver breakeven at a much larger scale in FY19 756 small stores as on 31 March 2018 (including 90 WH Smith stores w.e.f. 11 May 2018) EBITDA margin improved by 100 basis points on a y-o-y basis Big Bazaar sales per sqft has increased by 11.5% to ~14,500* FRL | Investor Presentation | May 2018 * For stores that were operational for the full year

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