UFLEX Limited

rs,

mited 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

40,000 MT

n early FY27, we commissioned our recycling facilities in Noida with the capacity to recycle nearly 40,000 MTPA of PET and Mixed Flexible Waste, strengthening our ability to provide recycled and alternative ma

7 billion

rownfield expansion at our aseptic packaging facility in Sanand, Gujarat, increasing capacity from 7 billion to 12 billion packs per annum. Other projects, including a greenfield aseptic packaging plant in E

12 billion

ansion at our aseptic packaging facility in Sanand, Gujarat, increasing capacity from 7 billion to 12 billion packs per annum. Other projects, including a greenfield aseptic packaging plant in Egypt and a WPP

0.9%

s.” 4 Industry Trends Domestic International ➢ India FMCG industry volume growth moderated to 0.9% in Q4 FY26, reflecting softer consumer demand and a challenging consumption environment. ➢ The W

Rs. 40,973

dynamics. 5 Consolidated Performance Snapshot – Q4 and FY26 Q4FY26 FY26 Q4FY26 FY26 Revenue Rs. 40,973 Mn. (+12.8% QoQ, +5.7%YoY) Domestic: 43% International: 57% Rs. 155,130 Mn. (+2.1.% YoY) Domestic:

12.8%

solidated Performance Snapshot – Q4 and FY26 Q4FY26 FY26 Q4FY26 FY26 Revenue Rs. 40,973 Mn. (+12.8% QoQ, +5.7%YoY) Domestic: 43% International: 57% Rs. 155,130 Mn. (+2.1.% YoY) Domestic: 44% Intern

5.7%

rformance Snapshot – Q4 and FY26 Q4FY26 FY26 Q4FY26 FY26 Revenue Rs. 40,973 Mn. (+12.8% QoQ, +5.7%YoY) Domestic: 43% International: 57% Rs. 155,130 Mn. (+2.1.% YoY) Domestic: 44% International: 56

43%

Q4 and FY26 Q4FY26 FY26 Q4FY26 FY26 Revenue Rs. 40,973 Mn. (+12.8% QoQ, +5.7%YoY) Domestic: 43% International: 57% Rs. 155,130 Mn. (+2.1.% YoY) Domestic: 44% International: 56% Norm. EBITDA* R

57%

6 FY26 Q4FY26 FY26 Revenue Rs. 40,973 Mn. (+12.8% QoQ, +5.7%YoY) Domestic: 43% International: 57% Rs. 155,130 Mn. (+2.1.% YoY) Domestic: 44% International: 56% Norm. EBITDA* Rs. 6,109 Mn. (+39.0

Rs. 155,130

26 Q4FY26 FY26 Revenue Rs. 40,973 Mn. (+12.8% QoQ, +5.7%YoY) Domestic: 43% International: 57% Rs. 155,130 Mn. (+2.1.% YoY) Domestic: 44% International: 56% Norm. EBITDA* Rs. 6,109 Mn. (+39.0% QoQ, +27.0%Y

44%

n. (+12.8% QoQ, +5.7%YoY) Domestic: 43% International: 57% Rs. 155,130 Mn. (+2.1.% YoY) Domestic: 44% International: 56% Norm. EBITDA* Rs. 6,109 Mn. (+39.0% QoQ, +27.0%YoY) +14.9% Margin (+280 bps Q

“The project involves a total capital expenditure of Rs.”

“6,369 million is to be incurred prior to the project's commissioning in FY2027–28.”

“➢ 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 in H1 FY27.”

“➢ The project has an estimated cost of approximately USD 126 million (Rs.”

“➢ The project has incurred capital expenditure of ~USD 52 million and is currently undergoing processes of stability testing and validation batches before commissioning the plant.”

“India: USD = 94.65 Q4 FY26 ; USD = 89.92 Q3 FY26 ; USD = 88.79 Q2 FY26 ; 8 Packaging Films Production Volume across Geographies Geographic % contribution to total packaging film production vol.”

“o Q3FY26 Real GDP growth forecast to grow by 7.8% Global headline inflation is expected to increase to 4.4% in 2026 and decline to o Nominal GDP witnessed growth of 8.6% 3.7% in 2027, with upward revisions in both years The closure of the Strait of Hormuz and damage to production facilities have created a massive negative supply shock.”

“From April 2023 onwards, ME Global prices are used for MEG; Note: Import duty, terminal handling charges, and local freight costs are not included in the price and will be added separately on this price.”

“Mn) and Margin 2 0 8 4 9 1 , 3 9 6 9 0 2 , , 7 5 7 1 3 2 0 2 2 8 5 2 , 2 5 1 6 6 2 , * 2 8 2 1 5 3 , 16.5% 11.9% 11.2% 11.6% 11.9% 11.9% 0 7 1 8 6 , 6 1 5 6 6 , 6 9 0 8 7 , 3 4 5 8 7 , 4 5 5 6 4 , 6 0 2 7 5 , 0 6 6 7 , 7 9 7 6 , 8 1 6 7 , 1 0 7 7 , 7 8 2 9 , 0 6 3 9 , FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 PAT (Rs.”

“Mn) 4.9% 3.9% 3.6% 2.4% 2.7% 1.9% 4 0 3 2 , 3 2 2 2 , 7 3 4 2 , 5 4 1 2 , 0 1 6 1 , 0 8 4 1 , 0 7 2 9 1 , 0 4 3 3 2 , 0 4 6 4 1 , 0 3 3 0 3 , 3 4 9 5 3 , 6 1 8 1 4 , 0 7 4 0 1 , 0 3 4 5 1 , 0 3 9 0 2 , 0 5 8 5 2 , 4 9 2 8 2 , 7 5 0 6 3 , FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 *351,282 MTPA sales volume during the period (including third-party PET chips sale vol.”

End Use Applications

11

Special Properties

9

Key Features

3

BOPP Manufacturing Line

1

Aseptic Packaging Facility

1

EPR Update

1

Shortfall in EPR Target are as Follows

1

Clean by Design

1

Chainless Magnetic Track Technology

1

Structure of Laminate

1

BOPP Manufacturing Line

➢ UFlex Ltd. is setting up a new BOPP film manufacturing line with a capacity of 54,000 MTPA at Dharwad, Karnataka. The project involves a total capital expenditure of Rs. 7,154 million (USD 75.6 million), of which approximately Rs. 785 million (USD 8.3 million) has been incurred as of Mar 2026. The remaining Rs. 6,369 million is to be incurred prior to the project's commissioning in FY2027–28. India Investing in Future Egypt Mexico

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 in H1 FY27. ➢ The project has an estimated cost of approximately USD 126 million (Rs. 11,926 million), of which ~USD 95.7 million (~Rs. 9,059 million) has already been incurred while the remaining ~USD 30.3 million (~Rs. 2,868 million) are to be invested prior to the commissioning. Woven Polypropylene (WPP) Plant: ➢ Setting up an 80 million-capacity WPP bag manufacturing plant to meet the growing demand for pet food packaging. This plant will cater to the high-growth pet food market across North and South America. ➢ The project has incurred capital expenditure of ~USD 52 million and is currently undergoing processes of stability testing and validation batches before commissioning the plant. India: USD = 94.65 Q4 FY26 ; USD = 89.92 Q3 FY26 ; USD = 88.79 Q2 FY26 ; 8 Packaging Film

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. 31 Sustainability: 'Project Plastic Fix’ Continues to Turn Waste into Wealth 586 mn PCR PET Bottles Recycled in FY26 10,237 MT of PCR MLP waste recycled in FY26 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) 2. Noida recycling unit of 36,000 rPET chips and 3,600 rMLP has been commissioned on 30th April 2026 (Q1FY27) 32 Recycling Plants Across Geographies Global Mexico Particulars Capacity(MTPA) P

Special Properties

• Low viscosity with high cure response • High crosslinking density • Excellent hardness and gloss properties • Good solvent and abrasion resistance • Enhanced chemical and wear resistance

End Use Applications

• Offset, flexo and screen printing inks • Metal, glass, plastic and paper coatings • PVC flooring and wood coatings • Crosslinking and polymerization systems FLEXGREEN LMLO Gloss Coating (NY) FLEXCURE SCREEN GLOW-IN-DARK (GID) INKS CI FLEXTONE PE EXTRUSION INK UV-LED curable low migration and low odour coating designed for food-grade packaging applications with eco-friendly and safe packaging features. Radiation curable phosphorescent screen printing ink designed to create glow-in- the-dark effects for specialty printing applications.