UPL Limited

Examples Of Forward

looking

8%

Scorecard Strong overall performance, in line with guidance | Industry Leader Revenue Growth 4–8% Guidance in FY25 8% Achievement in FY25 EBITDA Growth >50% Guidance in FY25 Operational

50%

dustry Leader Revenue Growth 4–8% Guidance in FY25 8% Achievement in FY25 EBITDA Growth >50% Guidance in FY25 Operational Free Cash Flow Generation 47% Achievement in FY25 $300–$400Mn

47%

ievement in FY25 EBITDA Growth >50% Guidance in FY25 Operational Free Cash Flow Generation 47% Achievement in FY25 $300–$400Mn Guidance in FY25 $530Mn Achievement in FY25 Upper End of G

3%

rop protection company Leading player in biosolutions 3 Strong and well-diversified customers <3% of total revenue from largest customer Strategic partnership through associates (e.g. Origeo, Sino

2%

ectrum Farmer ‘pain point’ driven innovation and value creation >15,000 product registrations ~2% of revenue from new launches ~38% share of differentiated and sustainable products >$100 Mn new

38%

n innovation and value creation >15,000 product registrations ~2% of revenue from new launches ~38% share of differentiated and sustainable products >$100 Mn new launches in FY25 >2,700 patents

14%

share of differentiated and sustainable products >$100 Mn new launches in FY25 >2,700 patents >14% Innovation rate in crop protection platform >900 hybrid and in-bred seed varieties over 40+ crops

30%

novation rate in crop protection platform >900 hybrid and in-bred seed varieties over 40+ crops >30% of current portfolio is IP protected ~30% Strong innovation index in seeds platform Capital Ma

rs 12,000

s) Deep market penetration, with low-cost base 43 global manufacturing facilities to serve customers 12,000+ highly engaged and culturally diverse workforce Employee engagement score of 89 (+5 vs. LY), top q

53%

dependent Directors (%) Average Experience (Independent Directors) Capital Markets Day 2025 13 53% 8 38% 12 50% 6 33% 35 years 33 years 30 years 30 years 9 Public • Resilience through L

33%

Average Experience (Independent Directors) Capital Markets Day 2025 13 53% 8 38% 12 50% 6 33% 35 years 33 years 30 years 30 years 9 Public • Resilience through Leadership in Sustainabili

rs 33

perience (Independent Directors) Capital Markets Day 2025 13 53% 8 38% 12 50% 6 33% 35 years 33 years 30 years 30 years 9 Public • Resilience through Leadership in Sustainability Deepening o

“2 Considers the highest expected sales by project in any given year, risk adjusted per internal estimates assigning technical probability of success to the best of our knowledge at the time of the projection; does not consider commercial risks 3 New molecules defined as new Active Ingredients and BioSolutions Capital Markets Day 2025 31 Resilient Core.”

“Q4FY24) 6 18 6 20 Q4FY25 45 41 Q4FY24 32 33 Asia / AME Americas Australia Europe Capital Markets Day 2025 40 Public Advanta FY25 Healthy all-round operational performance Particulars (₹ in billions) Revenue Contribution Margin (%) Fixed Overheads EBITDA FY25 46.3 57.8% 14.9 11.8 FY24 Change (%) 41.5 57.1% 13.0 10.7 12% 70bps 15% 11% EBITDA Margin (%) 25.5% 25.7% (20bps) Regional Mix (FY25 vs.”

“FY24) 2 11 2 11 FY25 52 FY24 49 35 38 Asia / AME Americas Australia Europe Revenue +12% vs.”

“LY • Continued strong performance in FY25 (record sales and collections vs.”

“The carved accounts of Superform are audited only for FY 2023-24 & FY 2024-25 Capital Markets Day 2025 52 Public UPL Group FY26 Outlook Anand Vora, Chief Financial Officer Public UPL Ltd.”

Notes

1

Notes

1 Innovation sales is defined as sales from products launched in the last 5 years. Innovation rate is innovation sales rate compared to total annual sales. 2 Considers the highest expected sales by project in any given year, risk adjusted per internal estimates assigning technical probability of success to the best of our knowledge at the time of the projection; does not consider commercial risks 3 New molecules defined as new Active Ingredients and BioSolutions Capital Markets Day 2025 31 Resilient Core. Future Ready. UPL SAS Ashish Dobhal, Chief Executive Officer 32 Public UPL SAS in FY25 FY25 key highlights | Transformed to drive sustainable growth Operational Excellence and Working Capital Efficiency Market & Channel Optimization Strategic Portfolio 1 • Prudent credit policies and working capital usage 2 • Placement aligned closely with season, dynamic forecasting 3 • Reduced SG&A and increased trainings 1 • Expanded beyond traditional focus: corn, sugarcane, rice 2 • Strengthened