The Great Eastern Shipping Company Limited

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Our Ref.: S/2022/JMT June 16, 2022 BSE Limited 1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI – 400 001 National Stock Exchange of India Limited Exchange Plaza, 5th Floo

INR 630

ON FY2022 16 Jun 2022 REPORTED FINANCIAL HIGHLIGHTS GE Shipping FY22 consolidated Net Profit at INR 630 Cr Declared second interim dividend of INR 5.40/Share (Total dividend declared of INR 9.90/Share for

INR 5.40

GHLIGHTS GE Shipping FY22 consolidated Net Profit at INR 630 Cr Declared second interim dividend of INR 5.40/Share (Total dividend declared of INR 9.90/Share for FY22) Standalone FY22 2,966 1,543 812 1

INR 9.90

Profit at INR 630 Cr Declared second interim dividend of INR 5.40/Share (Total dividend declared of INR 9.90/Share for FY22) Standalone FY22 2,966 1,543 812 10,969 6,571 3,430 378 1,150 (263) (98

INR 656

6 (406) (496) 604 4 NORMALIZED FINANCIAL HIGHLIGHTS GE Shipping FY22 consolidated Net Profit at INR 656 Cr Declared second interim dividend of INR 5.40/Share (Total dividend declared of INR 9.90/Share for

12.42%

8 NORMALIZED FINANCIAL HIGHLIGHTS Standalone FY22 FY21 Key Figures Consolidated FY22 FY21 12.42% 8.94% 0.59 0.12 55.10 85.64 9.90* 618 15.08% 10.25% 0.68 0.17 57.29 87.13 9.00 489 *Inclu

8.94%

ALIZED FINANCIAL HIGHLIGHTS Standalone FY22 FY21 Key Figures Consolidated FY22 FY21 12.42% 8.94% 0.59 0.12 55.10 85.64 9.90* 618 15.08% 10.25% 0.68 0.17 57.29 87.13 9.00 489 *Includes se

15.08%

Y22 FY21 Key Figures Consolidated FY22 FY21 12.42% 8.94% 0.59 0.12 55.10 85.64 9.90* 618 15.08% 10.25% 0.68 0.17 57.29 87.13 9.00 489 *Includes second interim dividend **Annualized Figures

10.25%

21 Key Figures Consolidated FY22 FY21 12.42% 8.94% 0.59 0.12 55.10 85.64 9.90* 618 15.08% 10.25% 0.68 0.17 57.29 87.13 9.00 489 *Includes second interim dividend **Annualized Figures Key fin

8.33%

h Profit per share (INR/Share) Dividend per share(INR/Share) Net Asset Value per share (INR/Share) 8.33% 6.46% 0.63 0.14 45.95 95.38 9.90* 654-705 10.45% 7.63% 0.71 0.18 50.20 100.99 9.00 514-562

6.46%

it per share (INR/Share) Dividend per share(INR/Share) Net Asset Value per share (INR/Share) 8.33% 6.46% 0.63 0.14 45.95 95.38 9.90* 654-705 10.45% 7.63% 0.71 0.18 50.20 100.99 9.00 514-562 9 P

10.45%

/Share) Net Asset Value per share (INR/Share) 8.33% 6.46% 0.63 0.14 45.95 95.38 9.90* 654-705 10.45% 7.63% 0.71 0.18 50.20 100.99 9.00 514-562 9 PROFIT & LOSS STATEMENT INDUSTRY FORMAT Standalo

GREATSHIP EVOLUTION

1

Cash on the balance sheet

1

Net Bank Debt to Equity

1

GREATSHIP EVOLUTION

THE LAST 7 YEARS • Most challenging years for the offshore sector since the late 80s. • Utilization levels across asset classes dropped to historic lows, charter rates came down to levels that barely generated any +ve EBIDTA. • Large part of the industry went through financial restructuring/reorganization/forced consolidation. • How did we fare?

Net Bank Debt to Equity

Mar 15: 0.76 Mar 22: USD 159 M Mar 22: 0.17 43 INITIATIVES ON ENVIRONMENT • Voluntarily published our first Environment Social Governance (ESG) report • Established a working group for feasibility study on alternate fuels and fuel optimisation technologies in view of the IMO emission reduction targets. • After the Jan 2020 IMO mandate on switching from 3.50% Sulphur to 0.5%, there has been a drastic reduction of 83.65% of Sulphur Oxide (Sox) emissions by following a mixed strategy of using low sulphur fuel and installation of EGCS (Scrubber) • Created an ESG profile of our company based certain ESG metric. The profile is available on our website under “SUSTAINABILITY” tab 44 FINANCIALS 45 Counter Cyclical Investments have Generated Strong Cash Flows 6 Year Cycle 400 350 300 250 200 150 100 50 - n m D S U Net Debt Expansion Phase Net Debt Reduction Phase FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 Net Debt Net Debt to Equity 0.60 0.50 0.40 0.30 0.20 0.10 - 46 Share Price to Consoli