COSMO FIRST LIMITED

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CFL/SE/2022-23/AUG/05 The Manager (Listing) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Scrip Code: 508814 ^ Cosmo F=jrst AAead^Uuw^A August 09,2022 The Mana

64%

ond largest player in Specialty label films  Uniquely positioned with good mix of speciality (64% volume FY’22) and commodity films.  Globally among top four players in BOPP World’s largest

2.5Lakh

eduction, water treatment etc and other green initiatives  Social: Education to 20k+ students, 2.5Lakh lives touched in the fight against COVID-19  Governance: Strong Independent board with 66% o

66%

2.5Lakh lives touched in the fight against COVID-19  Governance: Strong Independent board with 66% of Independent Directors Company Overview - Our Businesses Speciality films focused

80%

Company Overview - Our Businesses Speciality films focused business with target to sell 80% volume of value add speciality films by FY24 (FY22 64% speciality volume) Three Verticals: Ma

25%

is D2C, Digital First Omni Channel platform for Pets (Petcare is high growth Industry growing at 25% CAGR) Company Overview - Key Milestones ►Established in 1981, Cosmo Films Ltd.is the pioneer o

INR 843

JUNE 2022Q - RESULTS UPDATE June 2022 Quarter - Performance Snapshot Revenue - INR 843 Crs 23% EBITDA - INR 150 Crs 6% PAT % - INR 93 Crs 7% ROCE % - 27% ROE % - 36% EPS (TTM) –

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JUNE 2022Q - RESULTS UPDATE June 2022 Quarter - Performance Snapshot Revenue - INR 843 Crs 23% EBITDA - INR 150 Crs 6% PAT % - INR 93 Crs 7% ROCE % - 27% ROE % - 36% EPS (TTM) – INR 1

INR 150

- RESULTS UPDATE June 2022 Quarter - Performance Snapshot Revenue - INR 843 Crs 23% EBITDA - INR 150 Crs 6% PAT % - INR 93 Crs 7% ROCE % - 27% ROE % - 36% EPS (TTM) – INR 150 per share Bonus

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UPDATE June 2022 Quarter - Performance Snapshot Revenue - INR 843 Crs 23% EBITDA - INR 150 Crs 6% PAT % - INR 93 Crs 7% ROCE % - 27% ROE % - 36% EPS (TTM) – INR 150 per share Bonus Share

INR 93

022 Quarter - Performance Snapshot Revenue - INR 843 Crs 23% EBITDA - INR 150 Crs 6% PAT % - INR 93 Crs 7% ROCE % - 27% ROE % - 36% EPS (TTM) – INR 150 per share Bonus Shares in Q1, FY23 - 1:2

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ter - Performance Snapshot Revenue - INR 843 Crs 23% EBITDA - INR 150 Crs 6% PAT % - INR 93 Crs 7% ROCE % - 27% ROE % - 36% EPS (TTM) – INR 150 per share Bonus Shares in Q1, FY23 - 1:2 Ma

“ A Company with diversified businesses with target 20% CAGR topline growth in next 3 years coupled with commensurate return growth  Potential high Growth Engines include Speciality Films, Speciality Chemicals and a digital first, D2C Petcare business  Speciality Films:  Expanding Speciality portfolio (64% Volume; 18% annual growth in last 3 years).”

“Expansion expected in next one year  Speciality Textile Chemicals – scale up in coming years  Complimentary Adhesive business for Packaging, Lamination and Labels – under commissioning  Target 25%+ ROCE business  Petcare:  Untapped Industry growing @ 25%+  D2C Digital first Omni-channel presence in Products & Services  Plans to launch about 15 experience centers during FY23 and enhance to 150 experience centers in next a couple of years.”

“ Plan to demerge Petcare vertical into separate company in medium term.”

“Capex Project 1 2 3 Specialised BOPET Line with Value add assets BOPP Line (World’s Largest Line) CPP Films Line Total”

“of experience centers during FY23 and enhance online business) What Investors may Expect ?”

“ Petcare: Build and demerge the business vertical in medium term to drive shareholders valuation  Going forward B2B segment (speciality films, packaging films, specialized BOPET line, speciality chemicals) and B2C segments (D2C Pet Care and selective Speciality chemicals) will drive growth.”

“ Target 80%+ volume from Speciality segment by 2024.”

“ Sustainable solutions  Future Pipeline:  Direct Thermal Printable Film (first BOPP film producer to launch)  Sustainable PVC free solutions for graphic applications  Heat reduction films  Shrink Label film  Heat Control Film:  Global Market size US$ 10 billion and expected to grow at 5% CAGR  Increasing demand for films in the building and construction industry is expected to grow of the market.”

“Target 150 experience centers in next a couple of years.”

“ Plan to demerge Petcare vertical into separate company in medium term.”

Three Verticals

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Films Business

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Other Businesses

1

Three Verticals

Masterbatch (From FY22) Textile Chemicals (From FY22) Adhesive (From H2, FY23) Zigly is D2C, Digital First Omni Channel platform for Pets (Petcare is high growth Industry growing at 25% CAGR) Company Overview - Key Milestones ►Established in 1981, Cosmo Films Ltd.is the pioneer of BOPP Films Industry in India; ►It gradually scaled up the operations accompanied by couple of acquisitions ►3rd and 4th extrusion coating line; ►1st coating line; ►Gas based electricity generation unit ►2012: 2nd coating line ►2013: 9th BOPP line ►2014: 3rd coating line 2012-14 ►2010: 2nd metallizer line ►2011: Korea plant 2010-11 ►2016: CPP line-1 ►2017: 10th BOPP line ►Petcare ►Speciality Chemicals 2022 2016-17 2023 ►Re-branded to Cosmo First Limited ►Specialized BOPET Line 2021 2018-20 ►2018: CPP line-2 ►2020: 6th coating line Masterbatch Line-1 2015 ►4th and 5th coating line; 3rd metallizer line; Upgradation of US plant ►1996: 3rd BOPP line ►2001: 4th BOPP line ►Acquired Gujarat Propack Ltd 2006 1996-0

Films Business

S.No. Capex Project 1 2 3 Specialised BOPET Line with Value add assets BOPP Line (World’s Largest Line) CPP Films Line Total

Other Businesses

Estimated Capex (INR Crs) 450 350 140 940 Annual Capacity (MT) 30,000 67,000 Estimated Commercial Production by H2’FY2023 H1’FY 2026 25,000 FY2025  Specialized Chemicals (scaling up planned during FY23 for capex done in FY22) – Estimated INR 60 Cr Capex in next 3 years.  D2C Pet Care businesses (15 nos. of experience centers during FY23 and enhance online business) What Investors may Expect ?  Flexible Packaging Business: Transformation into primarily Speciality films company with double digits ROCE  Speciality Chemicals: 10% -15% revenue with 25%+ ROCE in about 5 years.  Petcare: Build and demerge the business vertical in medium term to drive shareholders valuation  Going forward B2B segment (speciality films, packaging films, specialized BOPET line, speciality chemicals) and B2C segments (D2C Pet Care and selective Speciality chemicals) will drive growth.  ESG & Corporate Governance – ESG Initiatives & highest standard for corporate governance in place BUSINESS OVERVIEW “FILMS