Max India Limited

rs,

ent of Corporate Services, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Symbol: MAXIND NSE Scrip

12 billion

Nomura • Our latest bet is on the fast-emerging Senior Care space in India, which is already a $10-12 billion market: ― Fastest growing age segment in India – from 130mn at 8% of population to estimated 20% o

8%

, which is already a $10-12 billion market: ― Fastest growing age segment in India – from 130mn at 8% of population to estimated 20% of population by 2050 ― Expected demand for senior’s residences in I

20%

llion market: ― Fastest growing age segment in India – from 130mn at 8% of population to estimated 20% of population by 2050 ― Expected demand for senior’s residences in India is expected to be 12X of t

12X

ated 20% of population by 2050 ― Expected demand for senior’s residences in India is expected to be 12X of the current supply ― Healthcare spends of senior household are 3-4X of others - driven by increa

4X

in India is expected to be 12X of the current supply ― Healthcare spends of senior household are 3-4X of others - driven by increased life expectancy and nuclear families • Leveraging our core capabili

98%

rticals and gained early successes: ― Residences for Seniors: Two benchmark communities; Dehradun (98% sold) and Noida Phase I (100% sold) ― Care Home (CH): Plan to ramp-up capacity to 360 beds by FY24

100%

esses: ― Residences for Seniors: Two benchmark communities; Dehradun (98% sold) and Noida Phase I (100% sold) ― Care Home (CH): Plan to ramp-up capacity to 360 beds by FY24 and 2,000+ beds by FY28 ― Care

Rs. 520

d fall management • Steady financial performance and well capitalized to pursue the scale-up with ~Rs. 520+ crores of assets; ― Revenue at Rs 46 Cr in Q1FY24. EBITDA loss at Rs 7 Cr in Q1FY24 vs gain of R

Rs 46

ormance and well capitalized to pursue the scale-up with ~Rs. 520+ crores of assets; ― Revenue at Rs 46 Cr in Q1FY24. EBITDA loss at Rs 7 Cr in Q1FY24 vs gain of Rs 1 Cr in last year, which includes expen

Rs 7

sue the scale-up with ~Rs. 520+ crores of assets; ― Revenue at Rs 46 Cr in Q1FY24. EBITDA loss at Rs 7 Cr in Q1FY24 vs gain of Rs 1 Cr in last year, which includes expenses on Phygital Platform growth

Rs 1

0+ crores of assets; ― Revenue at Rs 46 Cr in Q1FY24. EBITDA loss at Rs 7 Cr in Q1FY24 vs gain of Rs 1 Cr in last year, which includes expenses on Phygital Platform growth initiatives of Rs 5 Cr in CY

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

“60+ years medical tourists ▪ ▪ Majority tourists spend USD 4-6K per visit 35% market in NCR US $1.9 bn revenues 15% EBITDA ▪ ▪ ▪ ▪ 120 600 190 950 360 400 70 100 ▪ ▪ ▪ France $3.8 bn group revenues 14% EBITDA ▪ ▪ China Plan to scale upto 25000 beds by 2025 15 3.”

“• Expected growth CAGR of 18-20% by 2025 driven by increasing demand and awareness • Customer purchasing limited to referrals and local pharmacies • Industry is highly fragmented and unorganized.”

“How this works is… We will reach Seniors at multiple “moments of truth”.”

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Model Care Homes and Memory Care Homes Details

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Investor Presentation ation Pursuant to Regulation 30 o Regulations, 2015, we are enclosing Investor Presentation being issued by the Company. Regulations, 2015, we are enclosing Investor Presentation being issued by the Company. Regulations, 2015, we are enclosing Investor Presentation being issued by the Company. (Listing Obligations and Disclosure Requirements) Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) You are requested to kindly take the aforesaid on record. You are requested to kindly take the aforesaid on record. Thanking you, Yours faithfully, For Max India Limited Pankaj Chawla Company Secretary and Compliance Officer Company Secretary and Compliance Officer Encl.: As above Investor Presentation September 13, 2023 Safe harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Max India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommenda

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~Rs 770crore 15-17% 57% 26 Noida Phase I – Construction on track, Top floor slab completed for all residences 27 28th FloorResidence1Residence 3Residence 230thFloor28th Floor28th Floor For future projects, Antara shall focus only on our core strengths of Design, Sales & Marketing and Operations Land acquisition 25-40% Design and architecture 5-8% Construction 35-50% Sales & Mktg 5-7% Operations NA Project management 10-12% IRR 20-25% ▪ Access / ownership of low-cost land ▪ Land related legal expertise ▪ Experience with construction of senior living / functional spaces ▪ Experience in construction of large residential / functional facilities ▪ Strategic procurement related partnerships to optimize costs ▪ Access to low cost, quality labour ▪ Designing detailed project workplan with milestones ▪ Ensuring on - track progress against plan ▪ De-bottlenecking issues regarding labour/ material procurement, etc. ▪ Deep understanding of TG; identifying most optimum ways to reach them ▪ Developi

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Short Location Care Homes Memory Care Homes 30 40 37 (25% double occupancy) 50 (25% double occupancy) 31 45:55 80:20 Located in high hospital density areas Located in city outskirts Care homes/memory care homes – encouraging trends and outlook • Consistent increase in leads • ~50% enquirers for understanding the product • ~20-25% of all our leads are qualified 01 Market Interest and Curiosity • Unit break-even at 45-50% occupancy • Gurgaon achieved break-even in Mar’22 03 Unit Economics • 3-4 Star hotels around our Care Homes are priced from Rs 3,000-7,000 with breakfast • Our pricing of Rs 4,000-6,000 includes all meals, access to care givers and doctor 05 Unmatched Offering 32 02 Competition • Increasing interest in this category from small hotels as well as existing players – especially for Short term stays 04 Show & Tell Inspires Confidence • ~65-70% conversion from visits • ~15-30% conversions coming from hospital channel • Peak occupancy achieved of ~64% in Gurgaon Care Home (CH)