JINDAL STEEL LIMITED

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G Block 1st Floor, New Trading Ring, Bandra-Kurla Complex, Bandra (E), Rotunda Building, P J Towers, Mumbai-400051 Dalal Street, Fort, Mumbai – 400 001 cmlist@nse.co.in corp.relations@bseindia.com

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related areas are purely indicative and could change with market conditions and host of other factors. 2 Table of Content Industry Update Results Highlights Company Details Way Forward Page No 4 8

7.8 MT

rm challenges, see healthy Steel Demand over the long term 1. Chinese exports peaked in May with 7.8 MT and fell by 12% QoQ in Q2F23 due to increase in apparent domestic consumption 2. China Crude ste

12%

healthy Steel Demand over the long term 1. Chinese exports peaked in May with 7.8 MT and fell by 12% QoQ in Q2F23 due to increase in apparent domestic consumption 2. China Crude steel production ha

3.5%

23 due to increase in apparent domestic consumption 2. China Crude steel production has declined 3.5% in the first nine months of CY22 3. Chinese government’s policy to reduce steel production each sub

13%

-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Chinese Crude Steel production (Fig in Mill MT) 13% 7% 2% -7% -12% -21% 98 99 94 87 83 74 -22% 72 -5% -6% -14% -5% -9% -2% -3% -7%

7%

pr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Chinese Crude Steel production (Fig in Mill MT) 13% 7% 2% -7% -12% -21% 98 99 94 87 83 74 -22% 72 -5% -6% -14% -5% -9% -2% -3% -7% -2

2%

2 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Chinese Crude Steel production (Fig in Mill MT) 13% 7% 2% -7% -12% -21% 98 99 94 87 83 74 -22% 72 -5% -6% -14% -5% -9% -2% -3% -7% -21%

21%

Jul-22 Aug-22 Sep-22 Chinese Crude Steel production (Fig in Mill MT) 13% 7% 2% -7% -12% -21% 98 99 94 87 83 74 -22% 72 -5% -6% -14% -5% -9% -2% -3% -7% -21% 18% 1% 69 86

22%

se Crude Steel production (Fig in Mill MT) 13% 7% 2% -7% -12% -21% 98 99 94 87 83 74 -22% 72 -5% -6% -14% -5% -9% -2% -3% -7% -21% 18% 1% 69 86 82 75 88 93 97 91 81 84

5%

teel production (Fig in Mill MT) 13% 7% 2% -7% -12% -21% 98 99 94 87 83 74 -22% 72 -5% -6% -14% -5% -9% -2% -3% -7% -21% 18% 1% 69 86 82 75 88 93 97 91 81 84 87 Apr

6%

production (Fig in Mill MT) 13% 7% 2% -7% -12% -21% 98 99 94 87 83 74 -22% 72 -5% -6% -14% -5% -9% -2% -3% -7% -21% 18% 1% 69 86 82 75 88 93 97 91 81 84 87 Apr-21 M

Expansion

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India

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Global

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Subject

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Investor Presentation Please find enclosed herewith presentation on Industry Updates and Key performance highlights for 2nd quarter ended on September 30, 2022, of Financial Year 2022-23. intimation will also be uploaded on The www.jindalsteelpower.com. the website of the Company at This is for your information and record purposes. Thanking You. Sincerely, For Jindal Steel & Power Limited Anoop Singh Juneja Company Secretary Encl: as above Jindal Steel & Power Limited Corporate Office: Jindal Centre, 12 Bhikaiji Cama Place, New Delhi 110 066 CIN: L27105HR1979PLC009913 T: +91 11 4146 2000 F: +91 11 2616 1271 W: www.jindalsteelpower.com E: jsplinfo@jindalsteel.com Registered Office: O. P. Jindal Marg, Hisar, 125 005, Haryana Q2FY’23 Key Performance Highlights 10th Nov,2022 DISCLAIMER This presentation may contain certain forward looking statem

Global

Coking Coal Mozambique Australia Anthracite South Africa *CMDPA for all three Coal Mines was signed on August 17, 2022 15 IRON MAKING (10.42 MTPA) INDIA CAPACITIES LIQUID STEEL (9.60 MTPA) DRI 3.12 MTPA (Direct Reduced Iron) Capacity in deail BF 7.30 MTPA (Blast Furnace) SMS 9.60 MTPA (Steel Melting Shop) FINISHED STEEL (6.65 MTPA) WRM 0.60 MTPA(Wire Rod Mill) Rail Mill 0.75 MTPA BSM 0.70 MTPA (Beam & Structure Mill) Plate Mill 2.20 MTPA BRM 2.40 MTPA(Bar Rod Mill) Raigarh (Chhattisgarh) B F 3.05 M T P A D R I 1.32 M T P A S M S 3 .6MTP A Plate Mill 1.00 M T P A Angul (Odisha) C G P 225,000 N m 3 / H r B F 4.25 M T P A D R I 1.8 M T P A S M S 6 M T P A R ail Mill 0.75 M T P A B R M 1.4 M T P A B S M 0.70 M T P A C P P 824 M W Plate Mill 1.2 M T P A C P P 810 M W Barbil (Odisha) Patratu (Jharkhand) Pellet Plant 9 M T P A W R M 0.60 M T P A B R M 1.0 M T P A Mining Tensa 3.11 M T P A Kasia 7.5 M T P A Ut kal-C 3.37 M T P A Ut kal-B1 & B2 8 M T P A Gare Palma IV/6 4 M T P A * CMDPA for al

Expansion

INR 11,400 Cr. 1 ANGUL PHASE-II : TIMELINE FY22 FY23 FY24 FY25 Angul Pellet Plant #1: 6MTPA HSM Phase #1: 3MTPA Angul Pellet Plant #2: 6MTPA Slurry Pipeline Oxygen plant, Coke oven , RMHS HSM Phase #2 Expand to 5.5 MTPA Blast Furnace #2: 4.25 MTPA Angul BOF #2 : 3.3 MTPA DRI #2: 2.7 MTPA Angul EAF #2 : 3 MTPA TSCR : 3 MTPA Expected COD 4QFY23 1QFY24 2QFY24 2QFY24 2QFY24 2QFY24 3QFY24 3QFY24 4QFY25 4QFY25 4QFY25 Past (FY11) Present Future (FY25) JSP FINISHED STEEL CAPACITY BRM, 25% PLATES, 25% BSM, 15% 3.95 MTPA WRM, 15% RAIL MILL, 19% PLATES, 33% BRM, 36% 6.65 MTPA BSM, 11% RAIL MILL, 11% WRM, 9% BSM 4% RAIL MILL 5% WRM 4% BRM 16% PLATES 15% 15.15 MTPA HSM 36% TSCR 20% | DRI- Direct Reduced Iron | BF- Blast Furnace | WRM- Wire rod mill | BSM- Beam & structure mill | BRM- Bar rod mill (rebar) | HSM- Hot Strip Mill | TSCR – Thin Slab Caster & Rolling | Note: (1) CAPEX Nos. excludes G.S.T, Contingencies , etc. 22 ODISHA INTEGRATED STEEL PLANT, ANGUL PELLET PLANT, BARBIL 23 CHHATTISGARH &