Race Eco Chain Limited

33,590 MT

hese products under our registered brand “Restore” Q2 FY24 – PERFORMANCE HIGHLIGHTS (STANDALONE) ~33,590 MT This is the quantum of waste that we aggregated during our second quarter of FY24. India genera

20%

quarter of FY24. India generates more than 62mn tons of municipal solid waste annually and only 20% is recycled. The problem is huge and hence we have a lot to contribute towards cleaner India!

₹78.88crore

ence we have a lot to contribute towards cleaner India! Snapshots Operating Revenue (Q2 FY24) ₹78.88crore 60% YoY Growth Waste Aggregated (MT) 33,590 16,942 Q2 FY23 Q2 FY24 EBITDA (Q2 FY24) ₹1.27

60%

a lot to contribute towards cleaner India! Snapshots Operating Revenue (Q2 FY24) ₹78.88crore 60% YoY Growth Waste Aggregated (MT) 33,590 16,942 Q2 FY23 Q2 FY24 EBITDA (Q2 FY24) ₹1.27crore

₹1.27crore

crore 60% YoY Growth Waste Aggregated (MT) 33,590 16,942 Q2 FY23 Q2 FY24 EBITDA (Q2 FY24) ₹1.27crore PAT (Q2 FY24) ₹.30crore 2.8x YoY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps

30crore

Aggregated (MT) 33,590 16,942 Q2 FY23 Q2 FY24 EBITDA (Q2 FY24) ₹1.27crore PAT (Q2 FY24) ₹.30crore 2.8x YoY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps YoY PAT Margin* (Q2 FY24

2.8x

ed (MT) 33,590 16,942 Q2 FY23 Q2 FY24 EBITDA (Q2 FY24) ₹1.27crore PAT (Q2 FY24) ₹.30crore 2.8x YoY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps YoY PAT Margin* (Q2 FY24) .3%

6%

16,942 Q2 FY23 Q2 FY24 EBITDA (Q2 FY24) ₹1.27crore PAT (Q2 FY24) ₹.30crore 2.8x YoY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps YoY PAT Margin* (Q2 FY24) .3% 25 bps YoY

1.6%

) ₹1.27crore PAT (Q2 FY24) ₹.30crore 2.8x YoY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps YoY PAT Margin* (Q2 FY24) .3% 25 bps YoY *To reflect upon our core operations, EBITDA

93 bps

27crore PAT (Q2 FY24) ₹.30crore 2.8x YoY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps YoY PAT Margin* (Q2 FY24) .3% 25 bps YoY *To reflect upon our core operations, EBITDA margin

3%

8x YoY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps YoY PAT Margin* (Q2 FY24) .3% 25 bps YoY *To reflect upon our core operations, EBITDA margin and PAT margin are computed exclu

25 bps

oY Growth 6% YoY growth EBITDA Margin* (Q2 FY24) 1.6% 93 bps YoY PAT Margin* (Q2 FY24) .3% 25 bps YoY *To reflect upon our core operations, EBITDA margin and PAT margin are computed excluding ot

“• This collaboration marks a significant step towards achieving our goal of end-to-end traceability in our operations as ZEPTO's dedicated delivery agents will be responsible for collecting waste PET bottles directly from households.”

“• Following this categorization, we intend to initiate the independent third-party ESG assessment for the most actively involved segment of our value chain partners.”

Additional benefits

1

Additional benefits

▪ Improved data accuracy and consistency ▪ Reduced manual errors ▪ Increased transparency and accountability ▪ Enhanced customer service ▪ Better decision-making ▪ Improved employee productivity ▪ Mitigation of potential fraud & theft RACING TOWARDS END-TO-END TRACEABILITY Strategic Collaboration between RACE and ZEPTO • Our company recently announced its strategic partnership with ZEPTO (Kiranakart Technologies Pvt. Ltd.) aimed at optimizing the procurement of post-consumer waste PET bottles. • This collaboration marks a significant step towards achieving our goal of end-to-end traceability in our operations as ZEPTO's dedicated delivery agents will be responsible for collecting waste PET bottles directly from households. Strengthening Traceability in the Value Chain • At present, our PET waste procurement primarily involves working with bailers. • However, in our continuous pursuit of enhancing traceability for PET waste, we are strategically exploring collaborations with value chain