Chalet Hotels Limited

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0 051. Scrip Code: CHALET BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001. Scrip Code: 542399 Dear Sir / Madam, Subject: Investor /

4%

Forward to Robust Upcycle – Q2FY23 Post-pandemic Stability Continues Steady Increase in ADR Up 4%* Consol. Revenue Up 1%* Consol. EBITDA Up 1%* Sequentially up 6% Rs. 9,050 Best post-pandemic

1%

– Q2FY23 Post-pandemic Stability Continues Steady Increase in ADR Up 4%* Consol. Revenue Up 1%* Consol. EBITDA Up 1%* Sequentially up 6% Rs. 9,050 Best post-pandemic (For September 2022) Str

6%

s Steady Increase in ADR Up 4%* Consol. Revenue Up 1%* Consol. EBITDA Up 1%* Sequentially up 6% Rs. 9,050 Best post-pandemic (For September 2022) Strong F&B Performance Up 18%* Revenue *Vs Q

Rs. 9,050

teady Increase in ADR Up 4%* Consol. Revenue Up 1%* Consol. EBITDA Up 1%* Sequentially up 6% Rs. 9,050 Best post-pandemic (For September 2022) Strong F&B Performance Up 18%* Revenue *Vs Q2FY20 2 01

18%

Sequentially up 6% Rs. 9,050 Best post-pandemic (For September 2022) Strong F&B Performance Up 18%* Revenue *Vs Q2FY20 2 01 Operational Overview Consolidated Performance Like-to-like performan

10%

ational Overview Consolidated Performance Like-to-like performance (In Rs. Mn) Q2FY23 Revenue 10% 2% 2,405 2,553 4%* 2,505 Hospitality Rental / Annuity Others 89% *Vs Q2FY20 867 1,042

2%

al Overview Consolidated Performance Like-to-like performance (In Rs. Mn) Q2FY23 Revenue 10% 2% 2,405 2,553 4%* 2,505 Hospitality Rental / Annuity Others 89% *Vs Q2FY20 867 1,042 1%*

rs 89

(In Rs. Mn) Q2FY23 Revenue 10% 2% 2,405 2,553 4%* 2,505 Hospitality Rental / Annuity Others 89% *Vs Q2FY20 867 1,042 1%* 877 Q2FY20 Q1FY23 Q2FY23 Revenue EBITDA Adjusted for: 1. Q1FY

Rs. 46

Q2FY20 Q1FY23 Q2FY23 Revenue EBITDA Adjusted for: 1. Q1FY23: Non-Recurring income Q1FY23 of Rs. 46 mn includes - Interest on Income tax refund Rs. 30 mn & Excess provision written back Rs 16 mn 4

Rs. 30

for: 1. Q1FY23: Non-Recurring income Q1FY23 of Rs. 46 mn includes - Interest on Income tax refund Rs. 30 mn & Excess provision written back Rs 16 mn 4 Steady Increase in ADR September 2022 ADR 10% abov

Rs 16

23 of Rs. 46 mn includes - Interest on Income tax refund Rs. 30 mn & Excess provision written back Rs 16 mn 4 Steady Increase in ADR September 2022 ADR 10% above September 2019 ADR (Rs.) Occupancy %

“403 mn) 12 02 Project Update Ongoing Projects – Rental & Annuity in Marriott The Commercial Tower Complex, Whitefield, Bengaluru is a premium office space with leasable area ~0.66 msf.”

“Expected completion by Q4FY23 Dates to be announced 14 Ongoing Projects - Hospitality Addition of 88 rooms at Novotel Nagar Road Pune Expected completion by Q3FY23 Westin 2 Hyderabad Mindspace with 168 rooms Expected completion by Q4FY23 5-star Hotel at Terminal 3, Delhi Airport ~375-400 rooms Expected completion in FY26 ~150 rooms in Westin Mumbai Powai Lake have been under renovation and are expected to be completed by 4QFY23.”

Subject

1

Adjusted for

1

Subject

Investor / Analyst Presentation in respect of the Unaudited Financial Results for the quarter and six months ended September 30, 2022 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we are attaching herewith a copy of the presentation prepared by the Company for the earnings call scheduled to be held on Friday, October 21, 2022 at 6.00 p.m. (IST), in relation to the Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended September 30, 2022, which have been approved by the Board of Directors of the Company at its meeting held today, i.e. on October 21, 2022, in accordance with the provisions of Regulation 33 of the Listing Regulations. We request you to take the above information on record. Thanking You. Yours faithfully, For Chalet Hotels Limited Christabelle Baptista Company Secretary and Compliance Officer Encl.: As above Chalet Hot

Adjusted for

1. Q1FY23: Non-Recurring income Q1FY23 of Rs. 46 mn includes - Interest on Income tax refund Rs. 30 mn & Excess provision written back Rs 16 mn 4 Steady Increase in ADR September 2022 ADR 10% above September 2019 ADR (Rs.) Occupancy % 10, 000 9,0 00 8,0 00 7,0 00 6,0 00 5,0 00 4,0 00 3,0 00 2,0 00 1,0 00 0 8,078 7,815 8,240 7,931 8,063 7,734 7,502 8,223 7 5 4 , 7 Q1 0 3 9 , 7 Q2 7 1 1 , 7 9 1 6 , 7 0 5 6 , 7 Apr May Jun FY23 FY20 6 1 3 , 7 Jul 5 2 4 , 7 0 7 0 , 9 Aug Sep 85% 83% 81% 79% 77% 75% 73% 71% 69% 67% 65% 75% 74% 76% 75% 74% 75% 74% 74% 78% 71% 81% 79% 73% 73% 69% 72% Q1 Q2 Apr May Jun Jul Aug Sep FY23 FY20 5 Hospitality City-wise Performance Q2FY23 Q1FY23 QoQ% Q2FY20 YoY% FY22 Q2FY23 Revenue Rs. 2,233 Mn 6% 20% 14% 60% MMR Bengaluru Hyderabad Pune ADR (Rs.) MMR Bengaluru Hyderabad Pune Combined Occupancy % MMR Bengaluru Hyderabad Pune Combined RevPAR (Rs.) MMR Bengaluru Hyderabad Pune Combined 8,314 7,702 8,992 5,377 7,930 71% 67% 69% 83% 71% 5,788 5,195 6,197 4,465 5,650 7,9