HFCL Limited

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May 23, 2025 The BSE Ltd. 1st Floor, New Trading Wing, Rotunda Building Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai – 400001 corp.relations@bseindia.com Security Code No.: 500183 The Na

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ptimization of Revenue and Customer Base 12 Research & Development 13 Customers and Partners 15 What sets HFCL Apart? 16 Growth Strategy 01 The HFCL Story 03 HFCL LIMITED | INVESTOR PRESENT

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s Points 3. Unified Cloud based Network Management System 4. Ethernet L2 Switches 5. Home Mesh Routers 6. 5G Indoor & Outdoor FWA CPE 7. IP/ MPLS Routers 1. Optic Fiber 2. Armoured and Unarmoured Cable

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ystem 4. Ethernet L2 Switches 5. Home Mesh Routers 6. 5G Indoor & Outdoor FWA CPE 7. IP/ MPLS Routers 1. Optic Fiber 2. Armoured and Unarmoured Cable 3. Micro Cable 4. Micro Module Cable 5. Ribbon Cable

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io 2 5 1 4 1. Cable Assemblies 2. High Density Cabinets 3. Fiber Termination Box 4. PLC Splitters 5. Joint Closures 6. Aerial/ FTTH Accessories 3 6 1 2 1. Aerospace and Defense Cable Assemblies

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orks Supplier of highly specialised, custom designed cables for the aerospace and automotive sectors 06 HFCL LIMITED | INVESTOR PRESENTATION 2025 Product Innovation - Products under development Fuelled

2,700 MT

m/annum Aramid Reinforced Plastic (ARP) Rods • 504k km/annum Fiber Reinforced Plastic (FRP) Rods • 2,700 MT/ annum Impregnated Glass Fiber Reinforcement (IGFR) All above are raw materials for optical fibre

INR 1291.55

cts • Cumulative TAM of ~ 614 bn USD both globally and in India by FY30. • Achieved revenue of INR 1291.55 crs in FY24-25 compared to INR 142.97 crs in FY23-24 from existing product portfolio. Optimizati

INR 142.97

both globally and in India by FY30. • Achieved revenue of INR 1291.55 crs in FY24-25 compared to INR 142.97 crs in FY23-24 from existing product portfolio. Optimization of Revenue and Customer base We are

51%

h. Revenue share from Private Customers Exports Revenue Share Shift towards Product-led Revenue 51% 68% 83% 74% 65% 17.23 73% 57% 44% 58% 39% 12.23 11.21 7.68 4.54 49% FY21 32% FY22

68%

evenue share from Private Customers Exports Revenue Share Shift towards Product-led Revenue 51% 68% 83% 74% 65% 17.23 73% 57% 44% 58% 39% 12.23 11.21 7.68 4.54 49% FY21 32% FY22 17%

83%

e share from Private Customers Exports Revenue Share Shift towards Product-led Revenue 51% 68% 83% 74% 65% 17.23 73% 57% 44% 58% 39% 12.23 11.21 7.68 4.54 49% FY21 32% FY22 17% FY2

“Shift from Project-led revenue to Product-led revenue - Strategically phased out low-margin turnkey projects, focusing more on scalable, high-value product offerings that are expected to drive margin expansion and ensure secular growth.”

“• Aiming to increase engagement with private entities.”

“~$1.1 trillion expected capex in DC networking by FY29* Customised high end products are expected to deliver higher margins Share of Private Customers to Total Revenue stood at 61% in FY25 vis-a-vis 27% in FY21.”

“and is expected to reach $20-21 billion by 2032, exhibiting a CAGR of 6% between 2024 and 2032.”

“• The Indian optical fiber cables market is currently estimated at $365-390 mn annually and is projected to grow at a CAGR of ~5% over the next 6-7 years.”

“by 2030, growing at a CAGR of 14.9% from 2024 to 2030.”

“(as on CY 2025), with a CAGR growth of 11.5% annually.”

“(as on CY 2025), with a CAGR growth of 3% annually.”

“Ideal for can be used for short, mid, and long-range links Revenues (IN $ mm) 758 CY2024 781 CY2025 804 CY2026 828 CY2027 853 CY2028 21 HFCL LIMITED | INVESTOR PRESENTATION 2025 Market Opportunity – Telecom & Networking Fixed Wireless Access (5G FWA) • Global FWA connections will grow from 160 mn.”

“• Import reduction from 65% by FY28 to 30% by FY32 on the back of initiatives like Aatmanirbhar Bharat, Make in India.”

We operate across three high-growth segments

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In India

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We operate across three high-growth segments

Telecom Defense System Integration Optic Fibre / Optic Fibre Cables, Telecom and Networking Products (Access and Transmission) and Passive Connectivity Solutions Ground and Coastal Surveillance Radars, Electro Optics, Electronic Fuses, HCRR, Tactical Cables and wire harnesses. Executing and maintaining large scale telecom and defence communication projects 04 HFCL LIMITED | INVESTOR PRESENTATION 2025 #1 OPTICAL FIBRE CABLE SUPPLIER IN INDIA 03 Research & Development CENTRES 07 MANUFACTURING FACILITIES 60+ COUNTRIES OF PRESENCE Product Portfolio Telecom Defence Networking Products Optic Fiber/ Optical Fibers Cables Electronics Products 1 4 2 5 3 6 7 1 5 2 3 4 6 7 1. Point to Point Unlicensed Band Backhaul Radio (UBR) 2. Indoor & Outdoor Wi-Fi 5, 6 and 7 Access Points 3. Unified Cloud based Network Management System 4. Ethernet L2 Switches 5. Home Mesh Routers 6. 5G Indoor & Outdoor FWA CPE 7. IP/ MPLS Routers 1. Optic Fiber 2. Armoured and Unarmoured Cable 3. Micro Cable 4. Micro Module

In India

In South East Asia and Asia Pacific: In UK & Europe: In Middle East & Africa: 13 HFCL LIMITED | INVESTOR PRESENTATION 2025 Map not to Scale only for illustration purpose Strong Technology Partners Licensing for Open source Wi-Fi 7 products; 5G millimeter wave FWA; product development; 5G Outdoor Small Cell etc. Design partner for Macro Radio, Wi-Fi Access points, UBRs, Cloud management systems, Element management systems etc. Partnership for 5G Transport Products Partnership for 5G Small Cells Partnership for 5G Small Cells Partnership for 5G Small Cells Partnership for 5G indoor small cells Partnership for Artificial Intelligence (Al) based Analytics Partnership for 5G Transport products Partnership for Switches Partnership for Software Defined Radios Partnership for Routers 14 HFCL LIMITED | INVESTOR PRESENTATION 2025 What Sets HFCL Apart? 01 02 03 04 05 "Make in India": While Atmanirbhar Bharat opens up opportunities to contribute significantly to India’s self reliance, HFCL is grea