Exide Industries Limited

65 million

Countries 5,200+ Employees 06 Overseas Technical Collaborations 10 Manufacturing Plants 65 million Automotive Batteries produced p.a. 5.8 billion AH of Industrial Power Supply p.a. 200 KMT pe

5.8 billion

nical Collaborations 10 Manufacturing Plants 65 million Automotive Batteries produced p.a. 5.8 billion AH of Industrial Power Supply p.a. 200 KMT per annum Capacity of Three Lead Recycling Plants R

Rs.15,000 crore

n AH of Industrial Power Supply p.a. 200 KMT per annum Capacity of Three Lead Recycling Plants Rs.15,000 crore+* Market Capitalization Rs.14,500 crore+ Revenues Rs.1,500 crore+ EBITDA Rs.900 crore+ PAT *

Rs.14,500 crore

00 KMT per annum Capacity of Three Lead Recycling Plants Rs.15,000 crore+* Market Capitalization Rs.14,500 crore+ Revenues Rs.1,500 crore+ EBITDA Rs.900 crore+ PAT * as on 31st March 2023 4 Key milestones

Rs.1,500 crore

f Three Lead Recycling Plants Rs.15,000 crore+* Market Capitalization Rs.14,500 crore+ Revenues Rs.1,500 crore+ EBITDA Rs.900 crore+ PAT * as on 31st March 2023 4 Key milestones – A cherished journey Fir

Rs.900 crore

ants Rs.15,000 crore+* Market Capitalization Rs.14,500 crore+ Revenues Rs.1,500 crore+ EBITDA Rs.900 crore+ PAT * as on 31st March 2023 4 Key milestones – A cherished journey First factory established

rs 23.4

Chairman and Independent Director Mr. R.B. Raheja Vice Chairman and Non-Executive Director Others 23.4% Mr. Sridhar Gorthi Independent Director Ms. Mona N Desai Independent Director Mr. Surin Kapad

12.1%

Independent Director Mr. Subir Chakraborty Managing Director and Chief Executive Officer FIIs 12.1% Mr. Asish Kumar Mukherjee Director Finance and Chief Financial Officer Mr. Arun Mittal Director

18.6%

inancial Officer Mr. Arun Mittal Director – Automotive Mr. Avik Roy Director - Industrial DIIs 18.6% Promoters 46.0% 8 Automotive Vertical 9 Ruling the automotive market with 3 powerful brands

rs 46.0

er Mr. Arun Mittal Director – Automotive Mr. Avik Roy Director - Industrial DIIs 18.6% Promoters 46.0% 8 Automotive Vertical 9 Ruling the automotive market with 3 powerful brands 10 Automotive

7%

ick in rural income will drive 2W demand • Industry expects automotive volumes to grow between 7%-9% in FY2023-24 12 Long-term drivers indicate strong demand for technologically advanced product

9%

in rural income will drive 2W demand • Industry expects automotive volumes to grow between 7%-9% in FY2023-24 12 Long-term drivers indicate strong demand for technologically advanced products &

“• ~20% CAGR growth expected in data center capacity in medium-term • India’s 500 GW renewable energy (RE) ambition by 2030 • MNRE’s roof-top solar target of 40GW by 20261 • Higher mix of RE driving growth of BESS solutions (e.g., utility-scale, DG replacement) • Railways: 100% electrification of railway routes by FY262 • Metros: Govt.”

“impetus on infra spending - outlay for metro projects & urban infra3 • Telecom: 5G rollout and demand for greener infrastructure • Traction Battery: 10-15% electrification of Material Handling Equipments expected across select industrial operating units Robust growth of modern warehousing at >15% CAGR as per industry experts • Technology integration to strengthen distribution network and increase real-time monitoring & control4 • Penetration of microgrids for last- mile electrification 1.”

Applications

2

Focus on exports

1

Replacement market

1

Exide New HUPS range

1

Mobile apps

1

Batteries launched

1

Nurturing Diversity

1

Impact created

1

Focus on exports

Developing customized advanced featured automotive batteries for different countries Developed compact, high performance sealed batteries for telecom 5G network roll-out Battery energy storage systems (BESS): R&D team developing multiple solutions for future deployment 7 Board of Directors and shareholding pattern Name Designation Mr. Bharat Dhirajlal Shah Chairman and Independent Director Mr. R.B. Raheja Vice Chairman and Non-Executive Director Others 23.4% Mr. Sridhar Gorthi Independent Director Ms. Mona N Desai Independent Director Mr. Surin Kapadia Independent Director Mr. Subir Chakraborty Managing Director and Chief Executive Officer FIIs 12.1% Mr. Asish Kumar Mukherjee Director Finance and Chief Financial Officer Mr. Arun Mittal Director – Automotive Mr. Avik Roy Director - Industrial DIIs 18.6% Promoters 46.0% 8 Automotive Vertical 9 Ruling the automotive market with 3 powerful brands 10 Automotive vertical FY23 business highlights: Another year of strong growth and market shar

Replacement market

Higher than industry growth led to market share gain Entered new geographies e.g. Russia & strengthened presence in other Asian countries to increase international presence Launched Annual Maintenance Contract (AMC) services for HUPS and invertor batteries 11 Growth Drivers: Near-term tailwinds are positive for the automotive sector Overall auto volumes grew at robust rate in FY23, with PVs surpassing the 2019 high levels Key growth drivers in place for near-term Passenger Vehicles Commercial Vehicles 3.9 1.0 1.0 3.4 2.8 2.7 3.1 0.7 0.7 0.6 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Two Wheelers Overall Automobiles 21.2 17.4 15.1 13.6 15.9 26.3 21.5 18.6 17.6 21.2 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Source: Production Volumes, SIAM; Note: Volume in unit Millions • Passenger Vehicles: Upbeat consumer sentiments, increased mobility, easing of supply-side constraints, new launches etc. • Commercial Vehicles: Increase in commercial activity, increased activity in roads

Exide New HUPS range

2 Exide Inverterz • Upgraded SKUs introduced in FY23 • This has made us more competitive in the market 3 E-Ride: battery for E-rickshaw 4 SF ISS batteries with extended warranty • Better Mileage • Higher Power • Long-Life Helps in cementing the first-mover advantage in critical segment - hybrid car batteries • • ISS batteries were introduced in FY22 for the after-market segment In FY23, introduced new variants with higher performance, more efficiency & advanced features 15 Expanding domestic distribution network and our global footprints Direct & indirect pan India distributors/ dealers: sharp increase in 3 years Exports: strong focus on expanding global presence ▪ New products with advanced features launched in some countries 48,000+ in FY20 95,000+ in FY23 markets ▪ Considering private labelling and contract manufacturing in few ▪ Increasing distribution network and manpower deployment ▪ Actively participating in international exhibitions to increase Exclusive outlets: Exide & SF bra

Mobile apps

• • Faster resolution with higher transparency Stronger after-sale support • Ability to provide superior customer service Paperless warranty registration for vehicular and inverter batteries & HUPS 17 Digitalization initiatives across processes for increasing operational efficiency Integrated business planning Sales force efficiency Logistics and warehouse Manufacturing • • • More accurate demand forecasting Production and dispatch planning as per demand pull Better inventory management • • • Integrated data analysis provides 100% visibility on secondary sales More transparency and result orientation approach by sales force Lower turnaround time and lower warranty costs • • • • Real-time information on primary, secondary and tertiary logistics Timely delivery and lower logistics costs Online inventory tracking at warehouse • • • Better inventory liquidation and lower aging of stock Implemented industry 4.0 for digitalizing industries Efficiently monitoring of production process Manufac

Batteries launched

Longer service life • • Extended working • cycle Fast charging capabilities Tata Power DDL Lithium Ion Exide CESC BESS Gel Based VRLA

Applications

Load levelling, voltage regulation 24 Growing through global outreach and customer centricity Showcasing our prowess Exide EDGE| Sales automation Building brand resonance across the Globe Embracing the digital workplace Continuous Enquiry Pipeline to connect closer to the end- customer Market activity score to drive & track sales conversion in real-time Dynamic installed base Access to all customer information to enable quick decisions 25 Focusing on various levers to unlock value for margin expansion Cost Optimization • Operational Excellence: Reducing the Cost-to- serve through digitalised processes • Industry 4.0 initiatives aimed at continuous real- time monitoring of production processes • Design-to-Value Initiatives: Using our long-standing knowledge of application and consumer insights to optimize the full product (at system level) Margin Expansion • Manage channel/product mix: Optimal product & distribution channel mix • Premium offerings: Top-tier products with industry first