UFLEX Limited

rs,

imited Corporate Relationships Department 1st Floor, New Trading Ring, Rotunda Building, P J Towers, Dalal Street, Fort, Mumbai – 400001 Scrip Code : UFLEX Scrip Code : 500148 Subject: Updates o

rs 1985

of Mar 31, 2025 An Overview Rich Legacy of 40 Years in Providing Packaging Solutions to our Partners 1985 Established 5000+ Customer Base Presence Across 150+ Countries 17 Manufacturing Units 1,313,

1,313,510 MT

1985 Established 5000+ Customer Base Presence Across 150+ Countries 17 Manufacturing Units 1,313,510 MTPA1 Global Capacity* 10,000+ Workforce 7bn+ Aseptic Liquid Packs Capacity 300 mn+ Tubes Cap

74,317 MT

kforce 7bn+ Aseptic Liquid Packs Capacity 300 mn+ Tubes Capacity 1,090 mn+ Pouch Capacity 74,317 MTPA Recycling Capacity 5.4 bn+ PCR PET2 Bottles Recycled 69,730 MTPA Chemicals Capacity *Note

69,730 MT

1,090 mn+ Pouch Capacity 74,317 MTPA Recycling Capacity 5.4 bn+ PCR PET2 Bottles Recycled 69,730 MTPA Chemicals Capacity *Note: The total capacity of 1.3 million+ MTPA includes resins at 427,020 MT

1.3 million

5.4 bn+ PCR PET2 Bottles Recycled 69,730 MTPA Chemicals Capacity *Note: The total capacity of 1.3 million+ MTPA includes resins at 427,020 MTPA (vPET Chips 384,000 + rPET Chips 43,020), base films at 636,1

427,020 MT

69,730 MTPA Chemicals Capacity *Note: The total capacity of 1.3 million+ MTPA includes resins at 427,020 MTPA (vPET Chips 384,000 + rPET Chips 43,020), base films at 636,160 MTPA, inks and adhesives at 69,73

636,160 MT

llion+ MTPA includes resins at 427,020 MTPA (vPET Chips 384,000 + rPET Chips 43,020), base films at 636,160 MTPA, inks and adhesives at 69,730 MTPA, holography at 20,600 MTPA, flexible packaging at 100,000 MTP

20,600 MT

+ rPET Chips 43,020), base films at 636,160 MTPA, inks and adhesives at 69,730 MTPA, holography at 20,600 MTPA, flexible packaging at 100,000 MTPA, and aseptic liquid packaging at 60,000 MTPA.; The 31,297 MT

100,000 MT

636,160 MTPA, inks and adhesives at 69,730 MTPA, holography at 20,600 MTPA, flexible packaging at 100,000 MTPA, and aseptic liquid packaging at 60,000 MTPA.; The 31,297 MTPA MLP and moulding recycling capacit

60,000 MT

PA, holography at 20,600 MTPA, flexible packaging at 100,000 MTPA, and aseptic liquid packaging at 60,000 MTPA.; The 31,297 MTPA MLP and moulding recycling capacity is not factored into the overall capacity c

31,297 MT

20,600 MTPA, flexible packaging at 100,000 MTPA, and aseptic liquid packaging at 60,000 MTPA.; The 31,297 MTPA MLP and moulding recycling capacity is not factored into the overall capacity calculation. All l

“• Brand Development • Innovative Packaging Designs and Solutions • Packaging Market Insights • Post Packaging Service • Creates Deep Connections with Target Audience Strategic Web of Manufacturing Operations across Continents ensures: • Global Delivery in 15 Days • Customised Solutions • Address Country-wise Prerequisite Regulations for Packaging Solutions.”

“Mn) CAGR +15.4% ~+10.0% CAGR +11.7% ~+10.5% 147,845 151,838 132,368 135,098 167,000 22,680 20,680 21,000 19,024 17,834 16,103 89,149 74,316 10,165 10,924 2020 2021 2022 2023 2024 2025 0 2026E 2019 2020 2021 2022 2023 2024 2025 2026E Reported Guidance 40 At UFlex, Circular Economy Innovations such as Packaging film: “ASCLEPIUS ”, Made of 100% rPET Chips and Injection Molding Items made from rMLP Granules, are Paving the Way for a More Sustainable and Greener Tomorrow.”

“➢ Vision of Circularity ➢ ‘Project Plastic Fix’ Continues to Turn Waste into Wealth ➢ Innovations for Sustainable Re-Use ➢ ESG Project Plastic Fix: Paving the Way to a Circular, Greener and Sustainable Future 7.1 Circular Vision of UFlex Extended Producer Responsibility (EPR) for Packaging Mechanism Collect Recycle/ Reuse Biodegrade Problem Solution Sustainable Space High C B l y t i r a u c r i C A Low Carbon Footprint High Govt.Govt.”

“EPR - Guidelines UFlex Industry Project Plastic Fix Compliance to EPR Consumer Responsible Disposal A: Flexible/Plastic Packaging B: Alternate to Flexible Plastics Packaging-Aluminum/Tin/Paper/Glass C: Future of Flexible/Plastic packaging 42 7.2 Extended Producer Responsibility Guidelines in India Under Plastic Waste Management (Amendment) Rules, 2022, the Classification of Plastics is Defined Below: • • Category I: Rigid Plastic Packaging.”

“• • Year-wise Target for Minimum Level of Recycling of Plastic Waste across Different Categories • PIBOs Obligation for Recycling – Min.”

“➢ Launched ‘Project Plastic Fix’, a Four-way Method to Reinstate the Virtue of Plastic from Waste to Wealth.”

“700 million in Q4 FY25, compared to a loss of Rs.”

“51 Consolidated Performance Snapshot – FY25 and FY24 Revenue Norm.”

“38,738 million, a 10.8% YoY increase in Q4 FY25, driven by volume growth, right product mix, and pricing strategies across product categories.”

“Sales volume reached at 165,147 MT in Q4 FY25, reflecting a 4.6% YoY and 5.2% QoQ growth.”

Properties

2

Solutions Including

1

Thriving on

1

Shortfall in EPR Target are as Follows

1

Aseptic Packaging Facility

1

Type

1

Solutions Including

• Brand Development • Innovative Packaging Designs and Solutions • Packaging Market Insights • Post Packaging Service • Creates Deep Connections with Target Audience Strategic Web of Manufacturing Operations across Continents ensures: • Global Delivery in 15 Days • Customised Solutions • Address Country-wise Prerequisite Regulations for Packaging Solutions. Develop up-to-date solutions

Thriving on

• Emerging Technologies • Packaging Solutions that Protect Food, People and Planet • Setting Trend in Food and Beverages (F&B), Dairy and Cosmetic Industries. Impact 38 5.0 Enduring Customer Relationship Nestle 8+ Kolak Snacks 8+ Truda Foods 8+ P&G 5+ Pepsi Co Mondelez Bemis Amcor Huhtamaki UPM Raflatac* American Pkg Dupont Teijin films 7+ 10+ 8+ 9+ 6+ 9+ 8+ 9+ Length of Customer Relationships Our clients *Note: UPM is pioneer customer of 100% PCR Asclepius Films; All logos displayed are the property of their respective organizations and are used solely for representational purposes 39 6.0 Proven Track Record in Financial Performance UFlex Consolidated Revenues (Rs. Mn) UFlex Consolidated Normalized EBITDA (Rs. Mn) CAGR +15.4% ~+10.0% CAGR +11.7% ~+10.5% 147,845 151,838 132,368 135,098 167,000 22,680 20,680 21,000 19,024 17,834 16,103 89,149 74,316 10,165 10,924 2020 2021 2022 2023 2024 2025 0 2026E 2019 2020 2021 2022 2023 2024 2025 2026E Reported Guidance 40 At UFlex, Circular Econom

Shortfall in EPR Target are as Follows

1. Recycling 2. End of life Recycling 3. Mandated Use of Recycled Plastics EC to be Levied at INR 5,000/Ton, at INR 10,000/Ton for 2nd Time and INR 20,000/Ton for 3rd Time. EC can be Carried Forward up to 3 Years as per EPR Guidelines. 43 7.3 Sustainability: 'Project Plastic Fix’ Continues to Turn Waste into Wealth 478 mn (6,638 MT) PET Bottles Recycled in FY24 807 mn (11,203 MT) PET Bottles Recycled in FY25 6,964 MT of MLP waste recycled in FY24 and 8,220 MT in FY25 741,936 units in FY24 and 643,868 units in FY25 of Core Plug & Adapter manufactured from MLP waste 100+ Product Variants, 6 Facilities Operational Since 1995 Marching Towards a Greener and Sustainable Tomorrow PCR PET Bottle & MLP Recycling rPET Flakes PCR (rPET) Chips ASCLEPIUS 100% rPET Content film rMLP Granules rMoulding Products 1. Post-Consumer Recycled (PCR); 2. Recycled polyethylene terephthalate (rPET) 3. Multi-layered packaging plastic (MLP) 4. Polyethylene terephthalate(PET); 5. Metric Ton (MT) 44 7.4 Circularit

Aseptic Packaging Facility

➢ To meet the growing demand for aseptic packaging in Egypt, Europe, the Middle East, and East Africa, UFlex plans to commission an Aseptic packaging facility in Egypt by H2 FY26, with an annual capacity of 12 billion packs. ➢ The project has an estimated cost of approximately USD 126 million (~Rs. 10,905 million), of which USD 52 million (~Rs. 4,512 million) Egypt already incurred and expected to be commissioned in FY26. Woven Polypropylene (WPP) Plant: ➢ Setting up an 80 million-capacity WPP bag manufacturing plant to meet the growing demand for pet food packaging, to be commissioned in FY26. This plant will cater to the high-growth pet food market across North and South America. Mexico ➢ The project has an estimated outlay of ~USD 50 million (Rs. 4,222 million) of which ~USD 37 million (Rs. 3,186 million) has been incurred. Commercial Commissioning India: USD = 86.55 Q4 FY25 Egypt – Virgin PET Chips Line ➢ The Company commenced commercial operations at its 216,000 MTPA Virgin Pet Ch

Properties

with Compatible nitrocellulose and polyvinyl butyrate resins, ideal for CT/CC PET flexo inks, and for SB/SF adhesives. Updates ▪ Water based ink application areas have been extended by developing new inks for corrugation, Paper Cups, Paper bags, Tissue paper & Notebook printing. Brand owners like Subway, KFC, Adidas have approved of our inks. ▪ 4S Non-Toluene Polyurethane ink has been rolled out successfully in the Domestic market. ▪ In CI Flexo the new inks series developed for corona treated PET, breathable & non breathable PE printing. 70 Product Innovation – Flexible Packaging ITC RTE Pouch Tube Laminate Jay Baba Bakreswar – Farm House Rice Bag ▪ ULP PET Pouches offer convenient microwave heating and are ideal for hot-fill applications such as sauces, ketchup, gravy, jams, and marinades, as well as packaging meat, cheese, frozen foods, and dry fruits. With an expected monthly business of 5-6 MT, UFlex is actively targeting FreshToHome, Licious, Samosa Party, and MTR to expand busin

Type

Export ITC Ltd - Savlon • UFlex in collaboration with ITC developed sustainable packaging solution for its Savlon brand, featuring an 8.2g SKU designed for the domestic market. A key highlight is the use of PCR- based laminate, reinforcing ITC's commitment to eco- friendly packaging solutions. ▪ Structure: 10PET/6.3ALU FOIL/10 PET/40 PE.N ▪ Business Type: Domestic 71 Product Innovation – Packaging Films F-ETS F-MEX-M B-TCM-M B-TDF B-HSA One side MST coated Transparent BOPET film Metallized BOPET Film for ▪ Designed secondary pharma. of packaging tablets and pills, this film offers tearing easy properties in both machine and transverse directions. ▪ Special for