JSW Energy Limited

rs,

hange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sirs, Further to our letter dated 10th August, 2022, please find attached the presentation with respect t

10 GW

Acquisition of Mytrah Energy: Accelerating towards 10 GW Portfolio dominated by Renewable Energy August 10, 2022 Forward Looking and Cautionary Statement

1,753 MW

of Mytrah Energy 2 JSW Neo Energy has executed a binding agreement with Mytrah Energy to acquire 1,753 MW of renewable energy portfolio JSW Energy – At a Glance Company Overview The company is well pla

9.1 GW

h ahead of the stated timeline of FY25 and being future-ready with increased share of renewables. 9.1 GW Diversified Asset Portfolio (65% Renewable) 4.8 GW Installed Capacity Thermal – 3,158 MW Renewab

65%

25 and being future-ready with increased share of renewables. 9.1 GW Diversified Asset Portfolio (65% Renewable) 4.8 GW Installed Capacity Thermal – 3,158 MW Renewable – 1,626 MW 1.8 GW Acquisition

4.8 GW

ure-ready with increased share of renewables. 9.1 GW Diversified Asset Portfolio (65% Renewable) 4.8 GW Installed Capacity Thermal – 3,158 MW Renewable – 1,626 MW 1.8 GW Acquisition of 1,753 MW Renew

3,158 MW

ewables. 9.1 GW Diversified Asset Portfolio (65% Renewable) 4.8 GW Installed Capacity Thermal – 3,158 MW Renewable – 1,626 MW 1.8 GW Acquisition of 1,753 MW Renewable Portfolio of Mytrah Energy 2.5 G

1,626 MW

ersified Asset Portfolio (65% Renewable) 4.8 GW Installed Capacity Thermal – 3,158 MW Renewable – 1,626 MW 1.8 GW Acquisition of 1,753 MW Renewable Portfolio of Mytrah Energy 2.5 GW Entirely Renewable

1.8 GW

sset Portfolio (65% Renewable) 4.8 GW Installed Capacity Thermal – 3,158 MW Renewable – 1,626 MW 1.8 GW Acquisition of 1,753 MW Renewable Portfolio of Mytrah Energy 2.5 GW Entirely Renewable Under-C

2.5 GW

58 MW Renewable – 1,626 MW 1.8 GW Acquisition of 1,753 MW Renewable Portfolio of Mytrah Energy 2.5 GW Entirely Renewable Under-Construction – 2,233 MW LoA Received (SECI XII) – 300MW 4 Acquisition o

2,233 MW

of 1,753 MW Renewable Portfolio of Mytrah Energy 2.5 GW Entirely Renewable Under-Construction – 2,233 MW LoA Received (SECI XII) – 300MW 4 Acquisition of 100% of Mytrah Energy RE Assets o JSW Neo Energ

300MW

Mytrah Energy 2.5 GW Entirely Renewable Under-Construction – 2,233 MW LoA Received (SECI XII) – 300MW 4 Acquisition of 100% of Mytrah Energy RE Assets o JSW Neo Energy* has executed a binding agreem

Operational

1

Under-Construction

1

Investor Relations Contact

1

Operational

4.6 4.8 0 2 Y F t n e r r u C 2.2 0.3 1.8 9.1 10.0 r e d n U n o i t c u r t s n o c I I X I C E S h a r t y M t s o P n o i t i s i u q c A e 5 2 Y F e 0 3 Y F Thermal – 3,158 MW Wind – 1,331 MW Hydro - 1391 MW Solar - 657 MW

Under-Construction

Wind – 1,993 MW Hydro - 240 MW Hybrid *- 300 MW Acquisition of Renewable Portfolio of Mytrah Energy * SECI XII : LOA won : In pipeline 7 Acquisition Rationale (3/3) Faster capacity growth, reducing Execution Risk: attractive on Build vs Buy 22%, 1.6GW 3%, 0.2GW 31%, 2.3GW ` 18%, 1.6GW 7%, 0.7GW 40%, 3.6GW Hydro Solar Wind 43%, 3.2GW Thermal 35%, 3.2GW Current (Incl. under construction and LoA received) Post Deal Acquisition of Renewable Portfolio of Mytrah Energy Pre-Acquisition Post-Acquisition By Green and Grey Portfolio 43% By Stage of Development 65% 85% By PPA Tie-up 1 57% 65% 35% 53% 89% 31% 4% 15% 71% 44% 3% 11% 76% By Group Captive 29% 24% • 1. Based on current operational capacity of 4.8 GW Thermal Renewable Operational Under- construction In-Pipeline Under PPA Open Capacity Group Captive Non Group Captive 8 Mytrah RE Portfolio Overview Geographical Spread of Mytrah Portfolio Mytrah Portfolio Overview Acquisition of Renewable Portfolio of Mytrah Energy Map for illustrative pur

Investor Relations Contact

ir.jswenergy@jsw.in ESG Data Profile: Link 12 JSW Neo Energy – Green Energy Vehicle of JSW Energy JSW Energy Limited JSW Neo Energy * 3,859 MW ( 2,233 MW under construction) Hydro Entities Solar/Wind Entities JSW Hydro Energy Limited (1,391 MW) ( Karcham & Baspa ) JSW Energy (Kutehr) Limited (240 MW) JSW Renew Energy Limited (810 MW SECI-IX) JSW Renew Energy Two Limited (450 MW SECI-X) JSW Renewable Energy (Vijayanagar) Limited (825 MW Captive) JSW Renewable Energy (Dolvi) Limited (95 MW Captive) Mytrah Energy (India) Pvt. Ltd. (1,753 MW - Acquired) 5.9 GW 1.6 GW 1.8 GW 2.5 GW Diversified Asset Portfolio (100% Renewable) Installed Capacity Renewable – 1,626 MW Acquisition of Renewable Portfolio of Mytrah Energy JSW Energy Q1 FY23 Results Presentation * Corporate structure post Acquisition and restructuring. All subsidiaries shown are wholly owned subsidiaries Entirely Renewable Under-Construction – 2,233 MW LoA Received (SECI XII) – 300MW 13