RHI MAGNESITA INDIA LIMITED

rs 03

d execution 02 Key price increases secured with profitability momentum expected in upcoming quarters 03 First time in India, deployed a full end to end robotic steel caster system advancing 4PRO (business

0.3x

ductivity and recipe optimization 05 A consistent reduction in Net Debt to EBITDA, improving from 0.3x to 0.2x 06 As anticipated, Strategic Initiatives in Iron making are advancing robustly Financial

0.2x

y and recipe optimization 05 A consistent reduction in Net Debt to EBITDA, improving from 0.3x to 0.2x 06 As anticipated, Strategic Initiatives in Iron making are advancing robustly Financial Highlig

₹ 96,032

et dynamics Revenue from operations Operating EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital I

₹ 10,333

Revenue from operations Operating EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Ne

5%

m operations Operating EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Deb

10%

erations Operating EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Debt/ EB

₹ 8,831

ons Operating EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Debt/ EBITDA Ratio

36%

ting EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Debt/ EBITDA Ratio ₹ 2,

₹ 4,793

EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Debt/ EBITDA Ratio ₹ 2,767 L 90%

27%

erating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Debt/ EBITDA Ratio ₹ 2,767 L 90% ₹ 1.

₹ 2,767

36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Debt/ EBITDA Ratio ₹ 2,767 L 90% ₹ 1.7 2% 37% 5% 0.2x 0.1x 7 Sensitivity: Confidential Performance Highlights Improv

“— Raw material cost increase impacted profitability; — Employee benefits and other expenses moderated to optimize fixed costs Finance Cost: Gain on External commercial borrowings hedge contract Tax (Credit): Credit has been taken on the basis of ITR Filed of FY 24 on acquisition related provisions 9 Sensitivity: Confidential Net Debt Bridge Q1 FY26 vs.”

“Theses statements may be identified by words such as “expectation” or “target” and similar expressions, or by their context.”

Trainings

1

Expenses

1

Product portfolio includes

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Refractories

1

Important notice

1

Trainings

13,175 Hrs LTIF: Loss time injury frequency TRIF: Total recordable injury frequency Business Highlights Key Highlights 01 Secured market share in the commodity market through focused execution 02 Key price increases secured with profitability momentum expected in upcoming quarters 03 First time in India, deployed a full end to end robotic steel caster system advancing 4PRO (business model) 04 Plant measures implemented to focus on productivity and recipe optimization 05 A consistent reduction in Net Debt to EBITDA, improving from 0.3x to 0.2x 06 As anticipated, Strategic Initiatives in Iron making are advancing robustly Financial Highlights Financial Highlights Q1 FY26 vs Q4 FY25 Improvement in Financial KPIs amid market dynamics Revenue from operations Operating EBITDA Operating Cash Flow ( Profit before Tax ₹ 96,032 L ₹ 10,333 L 5% 10% ₹ 8,831 L 36% ₹ 4,793 L 27% Capex Earnings per share Working Capital Intensity Net Debt/ EBITDA Ratio ₹ 2,767 L 90% ₹ 1.7 2% 37% 5% 0.2x 0.1x 7 Sensit

Expenses

— Raw material cost increase impacted profitability; — Employee benefits and other expenses moderated to optimize fixed costs Finance Cost: Gain on External commercial borrowings hedge contract Tax (Credit): Credit has been taken on the basis of ITR Filed of FY 24 on acquisition related provisions 9 Sensitivity: Confidential Net Debt Bridge Q1 FY26 vs. Q4 FY25 Strong cash generation underpins business fundamentals ND/EBITDA* 0.3 x 0.2 x €14.6m €-10.3m €1.0m €2.8m €0.5m €0.4m €0.2m €-0.1m €9.1m ₹ Lakhs 14,663 -38.0% -10,315 461 357 206 -66 9,096 2,767 1,023 Q4 FY 25 Operating Profit Working Capital Capex Taxes Paid Interest FX impact on ECB Others Q1 FY26 Strategy Update Acquisition of Ashwath Technologies Strengthening Steel Flow Control Machinery Capabilities in India Strong customer base in India and overseas, primarily serving the mini mills steel sector Legal Entity Name Ashwath Technologies Pvt. Ltd Acquirer Ownership Deal date Cash consideration Intermetal Engineers (India) Pvt l

Product portfolio includes

➢ Slide gate systems ➢ Spare parts and components ➢ Refractory resale Strategic Benefits ➢ Expansion of steel flow control offering ➢ Deeper regional customer relationships ➢ Scaling machinery footprint through synergies ➢ Enhanced CNC machining and fabrication integration ➢ Future growth opportunities in Tier-2 steel producers Revolutionizing Steelmaking: India’s First Complete Robotic Solution in Caster Operation (advancing 4PRO in India) Setting new benchmarks in Safety, Automation and Productivity Success Highlights − Ladle Shroud Change − Powder Feeding in Tundish − Sampling and measurements − Bayonet Coupling − Open frozen Ladle(O2 Lancing) Strategic Significance − First robot installed in any Indian steel plant for caster job − Next robot commissioning already scheduled Values Delivered − ↑ Safety: Reduced human exposure − ↑ Productivity: Faster, uninterrupted operations − ↑ Reliability: Consistent execution of repetitive tasks − ↑ Innovation: Customized automation Proven succes

Refractories

the building blocks of modern life Concrete 1,500°C Copper 1,350°C Iron 1500°C Steel 1,760°C Glass 1,650°C Aluminium 1,250°C 1 tonne of STEEL demands ~8-13 kg of refractories 1 tonne of IRON demands ~1-2 kg of refractories 1 tonne of CEMENT demands ~1 kg of refractories 1 tonne of GLASS demands ~4 kg of refractories 1 tonne of ALUMINIUM demands ~6 kg of refractories 1 tonne of COPPER demands ~3 kg of refractories 23 RHIM is the market leader in refractories Delhi Bhiwadi Katni Jamshedpur Khambhalia Kolkata Rajgangpur Cuttack Visakhapatnam Dalmiapuram * Workforce includes employees, workers & contingent workers Our major offices are in Delhi and Kolkatta 6,000+ Skilled Workforce* ₹3675 Cr FY 2025 revenue + 700 Customers in India +75 Global Customers 8 Plants 25+ Project Sites 1 R&D Center Thank you for your attention Get in Touch corporate.india@rhimagnesita.com rhimagnesita.com

Important notice

These materials do not constitute or form part, or all, of any offer of invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in any jurisdiction in which such solicitation, offer or sale would be unlawful, nor shall part, or all, of these materials form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities. These materials contain forward-looking statements based on the currently held beliefs and assumptions of the management of RHI Magnesita India or its affiliated companies, which are expressed in good faith and, in their opinion, reasonable. Theses statements may be identified by words such as “expectation” or “target” and similar expressions, or by their context. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of RHI Magnesita India or its