UFLEX Limited

rs 1985

Sept. 30, 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 1,351,

1,351,910 MT

1985 Established 5000+ Customer Base Presence Across 150+ Countries 17 Manufacturing Units 1,351,910 MTPA1 Global Capacity* 10,000+ Workforce 12bn Aseptic Liquid Packs Capacity (Standard 200 ML pa

74,317 MT

Packs Capacity (Standard 200 ML pack basis) 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 over 1.3 million MTPA comprises resins (427,020

1.3 million

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

427,020 MT

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

636,160 MT

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

20,600 MT

T Chips 43,020), base packaging films (636,160 MTPA), inks and adhesives (69,730 MTPA), holography (20,600 MTPA), flexible packaging (100,000 MTPA), and aseptic liquid packaging (98,400 MTPA). The 31,297 MTPA

100,000 MT

ms (636,160 MTPA), inks and adhesives (69,730 MTPA), holography (20,600 MTPA), flexible packaging (100,000 MTPA), and aseptic liquid packaging (98,400 MTPA). The 31,297 MTPA MLP resins and moulding recycling c

98,400 MT

MTPA), holography (20,600 MTPA), flexible packaging (100,000 MTPA), and aseptic liquid packaging (98,400 MTPA). The 31,297 MTPA MLP resins and moulding recycling capacity is excluded from this total. All log

31,297 MT

(20,600 MTPA), flexible packaging (100,000 MTPA), and aseptic liquid packaging (98,400 MTPA). The 31,297 MTPA MLP resins and moulding recycling capacity is excluded from this total. All logos displayed are t

80 million

gypt: To commission Aseptic packaging plant (12Bn packs/annum) • Mexico: Planned commissioning of 80 million capacity WPP6 bag facility • Noida (India): Setting up two recycling plants, one for PCR PET chip

“• 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.”

“➢ 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.”

“43 7.3 Sustainability: 'Project Plastic Fix’ Continues to Turn Waste into Wealth 372 mn Post-Consumer PET Bottles Recycled in H1FY26 3,773 MT of MLP waste recycled in H1FY25 and 4,940 MT in H1FY26 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.”

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

“77,828 million in H1 FY26, supported by 2.0% YoY sales volume growth; however, Q2 FY26 revenue remained flat YoY at Rs 38,610 million reflecting lower sales volumes and softer realizations in Q2 FY26, particularly in the BOPET packaging film segment.”

“Normalized EBITDA was at 8,593 million (down 5.9% YoY) in H1 FY26 with an 11.0% normalized EBITDA margin; Q2 FY26 normalized EBITDA of Rs.”

“Sales volume reached at 161,161 MT in Q2 FY26, reflecting a 3.7% YoY and 5.5% QoQ decline.”

“Sales volume in H1 FY26 increased by 2.0% YoY to 331,665.”

Applications

2

Solutions Including

1

Thriving on

1

EPR Update

1

Shortfall in EPR Target are as Follows

1

Aseptic Packaging Facility

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% ~+5.0% CAGR +11.7% 147,845 151,838 132,368 135,098 89,149 74,316 159,430 81,602 H1FY26 77,828 10,924 22,680 20,680 17,834 19,024 ~ 18,000 - 18,500 16,103 9407- 9,907 H1FY26 8,593 2020 2021 2022 2023 2024 2025 2026E 2020 2021 2022 2023 2024 2025 2026E Reported Gui

EPR Update

GOI has proposed an update on recycled-plastic use in food-contact packaging, allowing producers to carry forward any shortfall in meeting the 2025–26 recycled-plastic content requirement for up to three years, alongside the mandated targets for those years. Guidelines on Extended Producer Responsibility (EPR) for Plastic Packaging Provision Environmental Compensation (EC) shall be Levied Based on Polluter pays Principle, w.r.t. the Nonfulfillment of EPR Targets by PIBOs. Violator PIBOs. PIBO: Producer, Brand Owner and Importers (PIBOs) Violation Environmental Compensation

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 372 mn Post-Consumer PET Bottles Recycled in H1FY26 3,773 MT of MLP waste recycled in H1FY25 and 4,940 MT in H1FY26 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 Circularity Vision: Adaptation to a Material Sciences Enterprise UFlex’s Four-fold Approach to Sustainable and Eco-friendly Packaging is a Key Uniqu

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 with an annual capacity of 12 billion packs. ➢ The project has an estimated cost of approximately USD 126 million (Rs. 11,188 million), of which USD 82.5 million (~Rs. 7,328 million) has Egypt already incurred, and it is expected to be commissioned in Q1FY27. Mexico 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. ➢ The project has an estimated outlay of USD 50 million of which USD 49.7 million (~Rs. 4,387 million) has been incurred so far. India: USD = 88.84 Q2 FY26 61 Shareholder Returns ▪ Management’s Commitment to Shareholder Interests ▪ Delivering Tangible Returns to Shareholders through Dividends Manage

Applications

Biscuits, Cookies, Crackers, Confectionary & Snacks, Dry Powders and mixes ▪ A transparent BOPP Ideal for outer web film offering exceptional gas and aroma barrier properties. in modified atmosphere packaging of dry products, it extends shelf life while maintaining excellent clarity and visual appeal. ▪ Special Properties: Excellent OTR of <01 cc/m2/day; Outstanding heat seal- ability on acrylic-to-acrylic coating, Fin seal application; Ideal for see through packaging ▪ End Use Applications: Snacks & Crackers, Cookies and Biscuits, Dried fruits 68 Product Innovation – Printing Cylinder (Laser Engraving Machine) Woven Starburst Pattern on original leather ▪ Elegant and sophisticated features a design, which woven pattern starburst through specialized Laser engraving process on Original Leather. The pattern is a hypnotic of concentric, undulating circles that form interwoven spirals. Its monochromatic palette emphasizes a dynamic, texture, three-dimensional creating a high-end aesthetic