JB Chemicals & Pharmaceuticals Limited

58%

ck record of building large brands and presence across 40+ countries o India business contributes 58% of revenue with 6 brands in IPM Top 300 and 3 brands in Top 25 in the cardiology segment o Delivere

18%

IPM Top 300 and 3 brands in Top 25 in the cardiology segment o Delivered revenue and EBITDA CAGR of 18% and 18% respectively over FY21 to FY25 Torrent Pharma Overview o 7th largest pharma company in I

56%

5 Torrent Pharma Overview o 7th largest pharma company in India with India business contributing 56% of revenues o Present across 50+ countries with US, Brazil and Germany being the largest markets ou

10%

, Brazil and Germany being the largest markets outside India o Delivered revenue and EBITDA CAGR of 10% and 11% respectively over FY21 to FY25 Strategic Rationale o Strategic Expansion into High-Growth

11%

and Germany being the largest markets outside India o Delivered revenue and EBITDA CAGR of 10% and 11% respectively over FY21 to FY25 Strategic Rationale o Strategic Expansion into High-Growth Therape

INR 15,000

ia by secondary sales o 4th largest pharma company in India by prescriptions o Combined1 Revenue of INR 15,000+ cr and EBITDA of INR 4,800+ cr Note: 1 Pro-forma for FY25 3 Transaction o Acquisition of 46.39

INR 4,800

argest pharma company in India by prescriptions o Combined1 Revenue of INR 15,000+ cr and EBITDA of INR 4,800+ cr Note: 1 Pro-forma for FY25 3 Transaction o Acquisition of 46.39%1 stake in JB Pharma by Tor

46.39%

5,000+ cr and EBITDA of INR 4,800+ cr Note: 1 Pro-forma for FY25 3 Transaction o Acquisition of 46.39%1 stake in JB Pharma by Torrent for a cash consideration of INR 11,917 cr (INR 1,600 price per share

INR 11,917

3 Transaction o Acquisition of 46.39%1 stake in JB Pharma by Torrent for a cash consideration of INR 11,917 cr (INR 1,600 price per share) via execution of Share Purchase Agreement (“SPA”) Transaction Over

INR 1,600

o Acquisition of 46.39%1 stake in JB Pharma by Torrent for a cash consideration of INR 11,917 cr (INR 1,600 price per share) via execution of Share Purchase Agreement (“SPA”) Transaction Overview o SPA tr

26%

e Agreement (“SPA”) Transaction Overview o SPA transaction to trigger Mandatory Tender Offer for 26% stake at a price of INR 1,639.18 per share o Torrent has also expressed its intent to acquire up to

INR 1,639.18

nsaction Overview o SPA transaction to trigger Mandatory Tender Offer for 26% stake at a price of INR 1,639.18 per share o Torrent has also expressed its intent to acquire up to 2.80% of equity shares from certa