Rain Industries Limited

rs,

d several other global industries. We have longstanding relationships with most of our major customers, including several of the largest companies in the global aluminium, graphite and specialty chemicals

₹41.60 billion

or customer operations. 2 Key Highlights for Third Quarter - 2023 • Revenue from Operations was ₹41.60 billion and Adjusted EBITDA was ₹3.76 billion • Adjusted Net Loss After Tax was ₹(0.57) billion and Adjust

₹3.76 billion

ghts for Third Quarter - 2023 • Revenue from Operations was ₹41.60 billion and Adjusted EBITDA was ₹3.76 billion • Adjusted Net Loss After Tax was ₹(0.57) billion and Adjusted Loss Per Share was ₹(1.69) • Margi

70 million

sts. • Advanced Materials and Cement segments turned positive due to reduced operating costs • US$70 million of long-term debt repaid on refinancing, with maturities extended to 2028 and 2029 • Capital expen

56 million

debt repaid on refinancing, with maturities extended to 2028 and 2029 • Capital expenditure of US$56 million for nine-months period ended September 30, 2023 • Working capital release of US$187 million during

187 million

e of US$56 million for nine-months period ended September 30, 2023 • Working capital release of US$187 million during nine-months period ended September 30, 2023 • Liquidity of US$502 million – including cash

502 million

tal release of US$187 million during nine-months period ended September 30, 2023 • Liquidity of US$502 million – including cash balance of US$302 million 3 Safety: Quest-for-Zero • Life saving rules • SH&E

302 million

onths period ended September 30, 2023 • Liquidity of US$502 million – including cash balance of US$302 million 3 Safety: Quest-for-Zero • Life saving rules • SH&E management walkthrough • High focus on con

71 Million

0 2.00 1.50 1.00 0.50 0.00 • World Primary Aluminum production reached a new all-time high of 71 Million Tons per annum, up 2.6% YoY • Smelting restarts boosts Chinese production by 3.5% YoY, while ROW’s

2.6%

0 • World Primary Aluminum production reached a new all-time high of 71 Million Tons per annum, up 2.6% YoY • Smelting restarts boosts Chinese production by 3.5% YoY, while ROW’s production increased by

3.5%

me high of 71 Million Tons per annum, up 2.6% YoY • Smelting restarts boosts Chinese production by 3.5% YoY, while ROW’s production increased by 1.3% YoY • Aluminum 3-month LME seller’s price trading US

1.3%

YoY • Smelting restarts boosts Chinese production by 3.5% YoY, while ROW’s production increased by 1.3% YoY • Aluminum 3-month LME seller’s price trading US$2,150 – US$2,200 per Ton 5 O

“All statements that address expectations or projections about the future, including our statements addressing our expectations for segment volumes and earnings, the factors we expect to impact earnings in each segment, demand for our products, our expected uses of cash, and our expected tax rate, are forward looking statements.”

Investor Relations Contact

1

Investor Relations Contact

India Email: investorrelations@rain-industries.com Main Phone: +91 40 4040 1234, Direct: +91 40 4234 9870 US Email: investorrelations@raincarbon.com Main Phone:+1 203 406 0535 RAIN is a leading vertically integrated global producer of a diversified portfolio of products that are essential raw materials for staples of everyday life. We operate in three business segments: Carbon, Cement and Advanced Materials. Our Carbon business segment converts the by-products of oil refining and steel production into high-value carbon-based products that are critical raw materials for the aluminium, graphite, carbon black, wood preservation, titanium dioxide, refractory and several other global industries. Our Cement segment consists of two integrated cement plants that operate in the South Indian market, producing two primary grades of cement: ordinary portland cement (“OPC”) and portland pozzolana cement (“PPC”). Our Advanced Materials business segment extends the value chain of our carbon processin