Manali Petrochemicals Limited

100%

sed Lending. Transaction Summary • Transaction Description • Penn Globe Limited currently has 100% ownership in two subsidiaries: 1) Penn-White Limited - specialty chemical company 2) Pennwhite P

60%

ed in 1985 as a specialty company based out of Middlewich, Cheshire, UK . Group's customers are ~60% UK based and a ~40% based oversea. with growing sales in Asia. ~ • Strong financial performan

40%

alty company based out of Middlewich, Cheshire, UK . Group's customers are ~60% UK based and a ~40% based oversea. with growing sales in Asia. ~ • Strong financial performance with operating ca

22%

HAL M1 .A1 S< .U lN . ·!PennWhite y '• GLOBAL PRINT SOLUTIONS / ~40% average GM and 22% • average EBITDA over the past 3 years. Products do not require hazardous chemicals --.. Less r

rs 737

silicone 1,135 Foam control - Non-food - non-silicone - Silicone emulsion - Silicone Others 737 2,040 944 1,383 Total Revenue (Net of Discounts) £15,971 36.5% 4.6% 24.4% Capitalis

36.5%

n - Silicone Others 737 2,040 944 1,383 Total Revenue (Net of Discounts) £15,971 36.5% 4.6% 24.4% Capitalise on Advantageous Geographic Positioning Penn Globe MPL Standalone

4.6%

licone Others 737 2,040 944 1,383 Total Revenue (Net of Discounts) £15,971 36.5% 4.6% 24.4% Capitalise on Advantageous Geographic Positioning Penn Globe MPL Standalone The gro

24.4%

Others 737 2,040 944 1,383 Total Revenue (Net of Discounts) £15,971 36.5% 4.6% 24.4% Capitalise on Advantageous Geographic Positioning Penn Globe MPL Standalone The group's cus

11.8%

nn Globe MPL Standalone The group's customer are c.60% UK based and c.40% based overseas, with 11.8% of sales invoiced in non-sterling currencies. The supplier base comprises a combination of UK a

rs,

g currencies. The supplier base comprises a combination of UK and overseas based chemical providers, in particular Dow Chemical (c. 46% of L TM22 purchases), with 52% of purchases being non sterling

46%

mprises a combination of UK and overseas based chemical providers, in particular Dow Chemical (c. 46% of L TM22 purchases), with 52% of purchases being non sterling. - • • The group will re-bala

52%

overseas based chemical providers, in particular Dow Chemical (c. 46% of L TM22 purchases), with 52% of purchases being non sterling. - • • The group will re-balance its exposure to forex movem

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“The group will be less heavily exposed to movements in polyols by vertically integrating PPG supply.”

“60% 94% • UK Sales • EU Sales • Other export sales - • • MPL Consolidated • India sales • UK Sales 84% 12% 2% 2% • India sales • UK sales • EU sales • Other export sales * Numbers at FY22 Building a More Balanced and Sustainable Future {Re)-balancing between commodity & specialty offering: Sustainability focus • We have an objective of an 80:20 mix between the commodity & specialty offerings' at Manali Petrochemicals level in the next year or so.”

“This will be achieved by inorganic growth but also by developing our current portfolio.”

“• The global anti-foaming agents' market is expected to reach up to USD 10 billion by 2030, manifesting a CAGR of 5.2% from 2022 to 2030.”

“• IMARC Group expects the Indian agriculture industry to reach INR 142,280 Billion by 2027, exhibiting a growth rate (CAGR) of 12.3% during 2022-2027.”

Factories

1

Factories

Plant - 1 : Ponneri High Road, Manali, Chennai - 600 068 Plant - 2 : Sathangadu Village, Manali, Chennai - 600 068 Phone : 044 - 2594 1025 Fax : 044 - 2594 1199 ISO 9001:2015 E-mail: companysecretary@manalipetro.com . ISO 14001:2015 Acquisition of Penn Globe Ltd and its Subsidiaries (Penn-White Ltd & PPS) 30 November 2022 NSE: MANALIPETC / BSE: 500268 Regd. Office: SPIC House, 88, Mount Road, Guindy, Chennai - 600032. CIN: L24294TN1986PLC013087. Disclaimer This presentation and the accompanying slides (the "Presentation"), which have been prepared by Manali Petrochemicals Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed info