SUNDARMFINNSE25 May 2022

Sundaram Finance Limited has informed the Exchange about Investor Presentation

Sundaram Finance Limited

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PERFORMANCE HIGHLIGHTS

FY22

CONTENTS

Overview of Sundaram Finance

Financial results & performance

Key trends in financial performance

Consolidated results

More about Sundaram Finance

01 Overview of Sundaram Finance

OUR VISION, MISSION AND PHILOSOPHY

Service

Vision

To be the most respected NBFC in the country

Mission

To deliver the “Sundaram experience” to all our customers, big and small, in keeping with the ethos of the company

Growth Quality Profitability

THE SUNDARAM WAY

Service To be of service even when time is against you

Discipline To know that discipline is your ally in all situations

Prudence To be the voice of prudence in the midst of chaos

Fair play To stand for fair play when the odds are stacked against you

Humility To realise that humility is the greatest virtue

Honesty To believe that honesty is the only policy

Openness To be open to scrutiny, anywhere, anytime

Integrity To put integrity about all else

Relationships To know that we are not merely the holders of people’s money; but more importantly the custodians of their trust

THE SF GROUP

AUM

29,532

7,282

9,495

53,860

Branches

Employees

Customer count

618

158

105

4,263

2,413

822

346

5,16,669

29,69,390

40,237

13,09,851

Joint Venture with Ageas Insurance International NV

100% subsidiary

Group

1,00,169

966

7,844

48,36,147

STRATEGIC SOURCES OF DISTINCTIVENESS

67-year heritage of trust and prudence

Pioneer of hire-purchase finance in India

Diversified financial services group across lending, general insurance, home finance and asset management with total AUM of over Rs.1,00,000 cr.

Lending business focused on the underserved but aspiring Indian entrepreneur (road transport operator, infrastructure contractor, small farmer, MSME owner)

Legacy of deep customer connect and loyalty with 80% renewal rate across offerings

Technology-enabled and data-powered approach to a high-touch customer approach

Consistent best-in-class asset quality performance over decades

PRODUCT OFFERINGS

Asset Finance

Commercial lending

Working capital finance

Distribution

• Cars

• Commercial vehicles

• Construction equipment

• Leasing

• NBFC

• SME

• Tractors and farm equipment

• Supply chain financing

• Used vehicles

• Diesel

•

Insurance

• Tyre

• General insurance

• Home loans

•

Investment services

• Life insurance

• Mutual funds

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Receivables Under Management

₹ in Crore

35,088 35,736

33,774

33,447

28,648

24,036

20,699

17,645 18,158 18,734

15,540

12,354

7,327

4,488

5,452

2,670

3,093

8,925

9,204 10,219

Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

PAT

171

100

213

151

443

410

454 26

477 41

563

495

436

495

295

355

227 26

256

355

₹ in Crore

1,126

522

809

903

724 53

671

Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

Exceptional item

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

Market Capitalization

28,560

₹ in Crore

21,560

17,940 18,634

17,318

16,859

14,450

13,366

256

533

782

1,078 1,099 1,602

917

2,096 2,722

7,359

5,265

3,645

Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

SUNDARAM FINANCE – PERFORMANCE OVER LAST TWENTY YEARS

22.8

22.1

18.4

13.7

12.6

11.9

11.0

9.9

Return on Equity %

20.7

21.4

21.2

19.7

17.6

24.5

15.2

14.0

14.3

13.7

13.8

Mar-03 Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

02 Financial results & performance

OVERALL HIGHLIGHTS OF FINANCIAL PERFORMANCE

As of 31st March 2022

AUM

Gross Stage 3

Cost-to-income

₹29,532 Crores

2.19%

30.92%

ROA

2.5%

ROE

13.82%*

4.4% down from Mar 21

1.84% in Mar 21

30.55% in FY21

2.3% in FY21

13.80% in FY21

*Core ROE (excluding investments in subsidiaries) at 18.2% vs. 19.3%

100% final dividend (₹ 10 per share) declared. Total dividend for FY22 200% (₹ 20 per share)

14 14

HIGHLIGHTS – GROWTH OF 23% IN CORE BUSINESS

Growth in disbursements was driven by economic activity recovering from Wave 2 of the pandemic and while demand picked up through the year, supply remained challenged across asset classes due to a range of issues, including the global semiconductor chip shortage.

for

FY22

Disbursements 13% to recorded ₹13,275 crores as compared to ₹11,742 crores registered in the corresponding period of the previous year. Adjusting for the pandemic- induced ECLGS scheme, core business disbursements grew 23% in FY22 compared to FY21

growth

The assets under the management stood at ₹29,532 crores as on 31st March 2022 as against ₹ 30,882 crores as on 31st March 2021.

Pursuant to RBI’s notification on Resolution Framework 2.0 related of advances to customers, assets totaling ₹722 crores, about 2.48% of outstanding loans, were restructured in FY22. The total restructured assets under Covid package were ₹1,417 crores, about 4.85% of outstanding loans as on 31st March 2022.

The restructuring was targeted at sectors and segments severely impacted by the Covid-19 pandemic: Education (school bus operators), (staff transportation travel/tourism taxi operators) and market-load operators amongst (tour operators, commercial vehicles who have been hit by lack of demand for their services as well as rising fuel prices

operators),

route

and

bus

HIGHLIGHTS – QUALITY CONTINUES TO REMAIN INDUSTRY BEST

Our asset quality continued to remain best-in-class largely due to several sub-segments of customers – bus operators (tourism, staff, route transportation and schools), tourist taxi operators and small, 1-2 vehicle market load operators – still in the process of recovering from the effects of the pandemic. Our operations & customers are adapting to RBI’s new norms on asset classification and provisioning.

Gross stage 3 assets as on 31st March 2022 stood at 2.19% (3.39% as at December 31, 2021) with provision cover of 52% when compared to 1.84% with 46% provision cover as of 31st March 2021.

Net stage 3 assets as of 31st March 2022 closed at 1.07% (2.09% as at December 31, 2021) as against 1.01% as on 31st March 2021

With a view to ensuring uniformity in the implementation of IRACP norms across all lending institutions, RBI vide its circular dated 12th November 2021 - "Prudential norms on Income Recognition, Asset Classification and Provisioning (IRACP) pertaining to Advances” has clarified the NPA classification norms for NBFCs. RBI vide its clarification dated February 15, 2022, has given time till September 30, 2022, for implementation of certain provisions relating to "IRACP " stipulated in their circular dated November 12, 2021. In line with the RBI clarification, the company would comply with the said Regulations effective 01st October 2022. The Company continues to prepare the financial results in accordance with the applicable Ind-AS guidelines and maintains adequate ECL provisions as per Ind AS 109.

If the company had adopted the new definition of NPA classification, the Gross and Net NPA would be 5.88% and 4.52% respectively. As the company has indicated earlier, the underlying business risk has not undergone any material change.

HIGHLIGHTS – PROFITABILITY IMPROVED CONSISTENTLY

Profit growth was in double digits despite the asset quality complications due to the pandemic largely on account on strong collections performance through the year, tight control on costs and meticulous management of our cost of borrowing consistent with our “AAA” rating.

Cost to income closed at 30.92% in FY22 as against 30.55% in FY21.

Return on assets (ROA) for FY22 closed at 2.5% as against 2.3% for FY21.

Profit after tax at ₹903 crores in FY22 crores as against ₹809 crores in FY21, up 12% YOY. Profit after tax for Q4FY22 grew 43% to ₹299 crores.

Return of equity (ROE) was at 13.82% for FY22 as against 13.80% for FY21. If we exclude investments in subsidiaries and group companies, core ROE was at 18.2% for FY22 as against 19.3% for FY21

PROFIT & LOSS STATEMENT

Particulars

Q4FY21

Q4FY22

Q3FY22

FY21

FY22

Revenue From Operations*

Other Income

Total Revenue

Finance cost

Operating expenses

Impairment

Total Expenses

Profit Before Tax

Profit After Tax

*Revenue from operations is net of depreciation on operating lease.

957.34

50.22

1,007.56

484.72

153.99

105.53

744.24

263.32

209.20

927.40

8.65

936.05

410.89

175.62

(28.37)

558.14

377.91

298.80

948.86

2.94

951.80

417.28

170.70

96.42

684.40

267.40

202.38

3,917.00

3,827.64

60.46

3,977.46

2,030.73

574.37

316.06

2,921.16

1,056.30

809.05

20.43

3,848.07

1,700.11

652.54

318.52

2,671.17

1,176.90

903.41

₹ in Crore

BALANCE SHEET

Particulars

Equity and Liabilities

Financial Liabilities

Non-Financial Liabilities

Equity

Total – Equity and Liabilities

Assets

Financial Assets

Non-Financial Assets

Total – Assets

31-Dec-21

31-Mar-21

31-Mar-22

₹ in Crore

27,561.03

28,691.53

28,323.23

63.40

48.77

71.20

6,709.46

6,179.46

6,893.09

34,333.89

34,919.76

35,287.52

33,475.75

34,149.81

34,413.89

858.14

769.95

873.63

34,333.89

34,919.76

35,287.52

03 Key trends in financial performance

FINANCIAL SUMMARY

Year

Paid-up Capital

Networth

Disbursements

Receivables Under Management

PAT

Dividend %

Mar-11

Mar-12

Mar-13

Mar-14

Mar-15

Mar-16

Mar-17

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

55.55

*111.10

111.10

1,530

1,789

2,087

2,405

2,978

3,313

3,746

4,134

5,044

5,547

6,179

6,893

7,592

9,433

9,991

9,719

10,012

11,444

13,218

15,712

17,170

15,175

11,742

13,275

12,354

15,540

17,645

18,158

18,734

20,699

24,036

28,648

33,447

35,088

35,736

33,774

295.23

355.45

410.11

442.51

454.14

477.28

**495.35

563.44

@604.04

723.95

809.05

903.41

140

155

100

105

110

115

120

#175

130

180

200

* Increase in Capital by way of 1:1 bonus issue, ** Adjusted for demerger ₹460.57 Cr, # Includes special dividend of 50%. @ Excludes exceptional item, Market Capitalisation is on the last day of respective period ends.

₹ in Crore

Market Capitalisation

2,722

3,645

5,265

7,359

16,859

14,450

17,940

18,634

17,318

13,366

28,560

21,560

DISBURSEMENTS AND AUM

Disbursements

17,170

15,712

15,175

Mar-18 18.9%

Mar-19 9.3%

Growth

Mar-20 -11.6%

₹ in Crore

AUM

28,984 4.8%

29,936 4.6%

30,882 2.7%

29,532 1.2%

95.2%

95.4%

97.3%

98.8%

24,964

10.6%

89.4%

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Growth

20.4%

16.1%

3.3%

3.2%

-4.4%

11,742

3,305

4,334

3,174

929

Mar-21 -22.6%

13,275

3,751

3,843

3,621

2,060

Mar-22 13.1%

On Books

Assigned / Securitised

DISBURSEMENTS

Asset wise

Mar-21

14.7%

32.8%

₹ 11,742 Cr.

11.5%

13.5%

27.5%

Used Vehicles – 15.7%

Used Vehicles – 19.1%

4.9%

10.6%

Region wise

₹11,742 Cr.

26.0%

58.5%

4.7%

14.1%

₹13,275 Cr.

51.3%

29.9%

Mar-22

5.1%

8.9%

11.5%

CVs

Cars

₹13,275 Cr.

46.4%

Construction Equipment

28.1%

Tractors

Others

South

North

West

East

AUM

Asset wise

Mar-21

9.2%

7.5%

Mar-22

9.5%

8.1%

CVs

Cars

11.2%

₹30,882 Cr.

47.4%

11.1%

₹29,532 Cr.

45.6%

Construction Equipment

24.7%

25.7%

Used Vehicles – 14.9%

Used Vehicles – 14.6%

4.1%

12.3%

4.4%

13.0%

Region wise

21.6%

₹30,882 Cr.

62.0%

₹29,532 Cr.

57.5%

25.1%

Tractors

Others

South

North

West

East

PORTFOLIO QUALITY

Gross Stage 3%

Net Stage 3%

2.47%

2.19%

1.84%

1.27%

1.33%

1.65%

1.01%

1.07%

0.66%

0.83%

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

FUNDING MIX

₹ 24,085 Cr.

₹ 26,673 Cr.

₹ 29,007 Cr.

₹ 29,251 Cr.

8.3%

10.9%

24.2%

19.9%

36.7%

3.4%

11.6%

20.4%

25.4%

39.2%

7.7%

13.2%

16.7%

45.7%

2.5%

14.3%

11.3%

19.9%

52.0%

₹ 28,297 Cr. 0.0%

15.1%

11.0%

19.9%

54.0%

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Debentures

Bank Borrowings*

Securitisation

Deposits

Commercial Paper

* Includes a) Term loans b) Commercial Papers and demand loans availed against the sanctioned limits.

PAT & ROA

Profit after Tax

Return on Assets - %

₹ in Crore

1,126

522

604

724 53

671

563

809

209

242

192

166

904

299

202

211

192

2.2

2.0 #

2.5

2.3

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

EPS (₹)

50.7

101.4

65.2

72.8

81.3

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Exceptional Item

# adjusted for exceptional item

NET WORTH

Net worth

6,893

6,179

5,547

5,044

4,134

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Book Value (₹)

372.1

454.0

499.3

556.2

620.4

₹ in Crore

LEVERAGE AND CAPITAL ADEQUACY

Leverage

Capital adequacy

5.1

5.0

4.9

24.2%

22.1%

4.6

4.0

18.0%

19.4%

18.4%

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

04 Consolidated results

CONSOLIDATED RESULTS

Profit after Tax

Net Worth

₹ in Crore

8,795

7,730

1,161

1,165

1,173

6,259

6,677

5,649

730

792

270

343

283

269

340

289

259

285

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

EPS (₹)

66.3

105.4

71.9

105.7

106.5

Mar-18

Mar-19

Mar-20

Mar-21

Mar-22

Book Value (₹)

513.0

568.3

606.1

701.6

798.2

CONSOLIDATED RESULTS

₹ in Crore

Particulars

Share of Net Worth

Share in Profit

Sundaram Finance Ltd. Subsidiaries:

Sundaram Finance Holdings Ltd. (Consolidated)

Sundaram Asset Management Company Ltd. (Consolidated)

Sundaram Home Finance Ltd. Sundaram Fund Services Ltd. Sundaram Trustee Company Ltd. LGF Services Ltd. Sundaram Finance Employees Welfare Trust

Joint Control Entities Royal Sundaram General Insurance Co. Ltd.

31-Mar-21

31-Mar-22

6,179.46

6,893.09

474.29

253.74 1,558.70 36.84 1.89 3.52 16.95

705.24

364.08 1,654.98 39.06 2.62 3.57 18.12

FY21

809.05

15.96

55.13 191.64 0.11 0.72 0.06 0.79

FY22

903.41

37.80

71.63 167.70 2.27 0.97 0.12 1.17

714.36

773.49

156.74

86.21

Adjustment arising out of Consolidation Total

(1,509.50) 7,730.25

(1,659.42) 8,794.83

(65.11) 1,165.09

(97.94) 1,173.34

SUNDARAM HOME FINANCE

Particulars

Disbursements (₹ in Crore)

Housing

Non-Housing

AUM (₹ in Crore)

Housing

Non-Housing

PAT (₹ in Crore)

EPS (₹) (annualized)

Net worth (₹ in Crore)

Book Value (₹)

Stage III assets %

Stage III assets % (net of ECL)

CAR – As per Regulation

Branches

Employees

Customers

31-Mar-21

31-Mar-22

1,254

76.1%

23.9%

9,173

70.0%

30.0%

192

18.93

1559

153.94

4.48%

1.09%

24.9%

108

784

40,131

2,311

66.3%

33.7%

9,495

69.6%

30.4%

168

16.56

1655

163.45

3.00%

1.57%

25.7%

105

822

40,237

ROYAL SUNDARAM

Particulars

31-Mar-21

31-Mar-22

Gross Written Premium (₹ in Crore)

AUM (₹ in Crore)

PAT (₹ in Crore)

Other Comprehensive Income (Net of Taxes)

Total Comprehensive Income

Net worth (₹ in Crore)

Combined Operating Ratio

Branches

Employees

Customers

2,883

6,717

313

339

1,429

110%

159

2,323

2,966

7,282

172

(54)

118

1,547

117%

158

2,413

26,43,547

29,69,390

SUNDARAM ASSET MANAGEMENT

Particulars

AUM (₹ in Crores)

Equity (₹ in Crores)

Debt (₹ in Crores)

PAT (₹ in Crores)

Net worth (₹ in Crores)

Employees

Retail Investors

Branches

31-Mar-21

31-Mar-22

41,196

31,709

9,487

254

359

10,24,674

53,860

46,073

7,787

364

346

13,09,851

During the year, Sundaram Asset Management Company (SAMC), acquired Principal Asset Management Company Private Limited (PAMC) along with its group companies namely Principal Retirement Advisors Pvt. Ltd. and Principal Trustee Co. Pvt. Ltd. jointly referred to as PAMC Group. Pursuant to such purchase, all the companies in the PAMC group have become wholly- owned subsidiaries of SAMC company. The name has since been changed from Principal Asset Management Company Private Limited to SAMC Support Services Private Limited.

05 More about Sundaram Finance

SHAREHOLDING PATTERN

31-Mar-21

31-Mar-22

Top institutional shareholders As of 31st March 2022

Name of Shareholder

Share %

36.0%

35.9%

3.7%

7.2%

17.2%

33.0%

3.9%

14.2%

10.4%

Axis Mutual Fund Trustee Limited

Nalanda India Equity Fund Limited

38.5%

ICICI Prudential ESG Fund

Bright Star Investments Pvt Ltd

HDFC Life Insurance Company Limited

United India Insurance Company Limited

Kotak Emerging Equity Scheme

Pari Washington India Master Fund Ltd.

Damani Estate and Finance Pvt Ltd.

Sundaram Finance Employees Welfare Trust

Promoters

Mutual Funds & AIFs

FIIs/FPIs and NRIs

Banks, Financial Institutions & Insurance Companies

Public

4.76

3.78

2.46

2.37

1.98

1.41

1.16

1.09

0.93

0.82

BRANCH NETWORK

31-Mar-21

161

322

31-Mar-22

324

182

No. of Branches: 588

No. of Employees: 4,211

No. of Branches: 618

No. of Employees: 4,263

South

North

West

East

CREDIT RATINGS

Instrument

Deposits

Debentures

ICRA

CRISIL

AAA (Stable)

FAAA (Stable)

AAA (Stable)

Subordinated Debentures

AAA (Stable)

Long Term Loans

AAA (Stable)

Working Capital Facilities

AAA (Stable)

Commercial Paper

Short Term Loans

A1+

SHARE PRICE MOVEMENT

Indexed share price and Nifty from March 2017

7 1 - r a M

7 1 - n u J

7 1 - p e S

7 1 - c e D

8 1 - r a M

8 1 - n u J

8 1 - p e S

8 1 - c e D

9 1 - r a M

9 1 - n u J

9 1 - p e S

9 1 - c e D

0 2 - r a M

0 2 - n u J

0 2 - p e S

0 2 - c e D

1 2 - r a M

1 2 - n u J

1 2 - p e S

1 2 - c e D

2 2 - r a M

Share price movement after 1st Feb 2018 is post demerger of Sundaram Finance Holdings Limited

SFL Closing Share Price

S & P CNX Nifty

190.38

120.15

SUBSIDIARIES, JOINT VENTURES & ASSOCIATES

Subsidiaries

• Sundaram Home Finance Limited

• Sundaram Finance Holdings Limited

• Sundaram Business Services Limited

• Sundaram Asset Management Company Limited

• SAMC Support Services Private Limited (formerly known

As Principal Asset Management Private Limited)

• Principal Trustee Company Private Limited

• Prinicpal Retirement Advisors Private Limited

Joint Venture

• Royal Sundaram General Insurance Co. Limited

Associates of a Subsidiary Company

• Axles India Limited

• Sundaram Hydraulics Limited

• Wheels India Limited

• Flometallic India Private Limited

• Turbo Energy Private Limited

• The Dunes Oman LLC (FZC)

• Sundaram Asset Management Singapore Pte. Limited

• Transenergy Private Limited

• Mind S.r.l.

• Sundaram Trustee Company Limited

• Sundaram Alternate Assets Limited

• Sundaram Fund Services Limited

•

LGF Services Limited

• Sundaram Dynacast Private

• Sundaram Composite Structures

Limited

Private Limited

BOARD OF DIRECTORS

Sri S Viji Chairman

Has over 5 decades of experience in Banking, Insurance and Automotive Component Finance, Manufacturing Industry. He is the Managing Director of Brakes India Private Limited.

B.Com. ACA MBA (University of Michigan, USA)

Sri S Prasad Independent Director

Has more than a decade of experience in industry as finance professional and over 39 years as a practicing Chartered Accountant.

FCA

Sri P N Venkatachalam Independent Director

Sri S Mahalingam Independent Director

Has nearly 4 decades of experience in Banking, Finance and Capital Markets. Formerly Managing Director of State Bank of India.

4 decades of experience in Finance and Information Technology. Formerly Chief Financial Officer and Executive Director of Tata Consultancy Services.

MA (Economics), CAIIB

B.Com. (Honours) FCA

Sri Raghuttama Rao Raghavendra Independent Director

Has over 3 decades of work experience spanning Manufacturing, Financial Markets, Public Policy and Management Consulting. Currently CEO of GDC at IIT Madras. Formerly, MD of IMaCS and Joint Managing Director of ICRA.

B.Tech. (Mech. Engg.) – IIT Madras CMA – ICWAI P.G.D.M. – IIM Ahmedabad

Sri L Ganesh Independent Director

Has over 44 years of Industrial experience in and the companies. He is the overall management of Chairman the the Rane Group, of acknowledged leaders in the auto component industry since 2006.

one

MBA((Pennsylvania State University, USA) ACA

BOARD OF DIRECTORS

Ms Shobhana Ramachandhran Independent Director

Sri T T Srinivasaraghavan Non-executive Director

Sri Srivats Ram Non-executive Director

3 decades of

Has in General Management and automobile industry. She is the Managing Director of TVS Srichakra Limited.

experience

MA (English Literature)

Has over 4 decades of experience in Banking and Financial Services. He was the Managing Director of the company for 18 years and laid down his office recently in Mar 21.

B.Com. MBA (Gannon University, Pennsylvania)

Has more than 2 decades of rich experience in auto the industry. He component manufacturing Managing Director of Wheels India Limited.

BA Economics MBA (Case Western n Reserve University, USA)

Sri Harsha Viji Executive Vice Chairman

Sri Rajiv C. Lochan Managing Director

Sri A N Raju Deputy Managing Director

Has more than 2 decades of experience in areas of specialisation particularly, strategy formulation, joint venture negotiations, new business development. Formerly and PriceWaterhouse

with McKinsey

Company

B.Com. ACA MBA (Ann Arbor, Michigan)

Has more than 2.5 decades of experience in the field of management especially in the areas of finance, social sector, and public health. Formerly MD & CEO of The Hindu Group and Partner at McKinsey & Company.

B.Tech. (IIT, Madras) MS (MIT) MBA (Columbia Business School)

Has nearly 4 decades of experience in the Automobile, Engineering, Finance and General Management. Formerly with GE Capital & SRF Group.

BSc (Engineering) MBA

KEY MANAGERIAL PERSONNEL

Sri M. Ramaswamy Chief Financial Officer

He has over 35 years of experience in the Company. He is the Chief Financial Officer of the Company from September 2011. He is responsible for the Treasury Management, Financial Planning & Accounting, Taxation and Regulatory Compliance. He is a member of the Risk Management Committee and Asset Liability Management of the Company.

B.Sc. (Statistics) ACA

Sri P. Viswanathan Company Secretary & Compliance Officer

He has over 45 years of experience in the Company/Group. He became the Company Secretary and Compliance Officer of the Company in September 2011. He is responsible for statutory compliance in respect of all laws and regulations applicable to the Company, including Company Law, SEBI and RBI. He liaisons with the Board Members in connection with all Board related actions in the Company. He was Chairman of the Expert Committee on Company Law of Madras Chamber of Commerce and Industry and is a Committee Member of Finance Companies Association of India.

B.Com FCS

This document is for information purposes only and is not and does not form part of an invitation/ offer/advertisement/advise to purchase or sell any securities of the Company.

The materials and information contained in the document are prepared by the Company and are correct and accurate, to the best of our knowledge. No information contained herein has been independently verified by anyone else or approved by any regulatory authorities. No warranty is given as to their accuracy and the company does not accept any responsibility and shall not be liable for any direct or indirect loss caused, arising from and/or use of this document.

Forward-looking statements, if any, are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant statement.

The contents of the website are subject to changes and reviews from time to time without notice. By accessing the site, you are deemed to accept the disclaimer clause.

Sri M Ramaswamy Chief Financial Officer Sundaram Finance Limited 21, Patullos Road Chennai – 600002

044 – 28881341 m.ramaswamy@sundaramfinance.in

Sri P Viswanathan Secretary & Compliance Officer Sundaram Finance Limited 21, Patullos Road Chennai – 600002

044 – 28881207 pv@sundaramfinance.in

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