EPL LIMITED

rs,

March 29, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 500135 National Stock Exchange of India Limited Exchan

75%

ging platform for emerging markets with ~$1bn of revenue Growth Potential Emerging market focus (~75% of MergeCo revenue1), comprehensive product portfolio and large headroom for brownfield and greenf

INR 339

droom for brownfield and greenfield expansion to drive growth Multiple Accretive EPL is valued at INR 339 per share, 70% higher than the last closing price2. Indovida is valued at a ~35% discount to the mu

70%

d and greenfield expansion to drive growth Multiple Accretive EPL is valued at INR 339 per share, 70% higher than the last closing price2. Indovida is valued at a ~35% discount to the multiple ascribe

35%

L is valued at INR 339 per share, 70% higher than the last closing price2. Indovida is valued at a ~35% discount to the multiple ascribed to EPL Margin Accretive Merger will be EBIT margin1 (120+bps)

INR 4,500

3 1 EPL Today: Global Leader in Packaging with a Strong Foundation and Consistent Performance INR 4,500+ Cr. Revenue1 | 7% Revenue CAGR (L3Y2) Leading specialty packaging player 20% EBITDA margin1 | 13%

7%

Leader in Packaging with a Strong Foundation and Consistent Performance INR 4,500+ Cr. Revenue1 | 7% Revenue CAGR (L3Y2) Leading specialty packaging player 20% EBITDA margin1 | 13% EBITDA CAGR (L3Y2)

20%

Performance INR 4,500+ Cr. Revenue1 | 7% Revenue CAGR (L3Y2) Leading specialty packaging player 20% EBITDA margin1 | 13% EBITDA CAGR (L3Y2) Disciplined cost structure 19% PAT CAGR (L3Y2) | 18.7% RoC

13%

500+ Cr. Revenue1 | 7% Revenue CAGR (L3Y2) Leading specialty packaging player 20% EBITDA margin1 | 13% EBITDA CAGR (L3Y2) Disciplined cost structure 19% PAT CAGR (L3Y2) | 18.7% RoCE1 Outperforming cate

19%

specialty packaging player 20% EBITDA margin1 | 13% EBITDA CAGR (L3Y2) Disciplined cost structure 19% PAT CAGR (L3Y2) | 18.7% RoCE1 Outperforming category with profitable growth at scale Global footpr

18.7%

ayer 20% EBITDA margin1 | 13% EBITDA CAGR (L3Y2) Disciplined cost structure 19% PAT CAGR (L3Y2) | 18.7% RoCE1 Outperforming category with profitable growth at scale Global footprint 211 manufacturing si

INR 45.7

multi-format player across rigid and flexible Financial and Operating Metrics (CY25) ▪ Revenue: INR 45.7bn ▪ Revenue: INR 38.1bn ▪ Revenue: INR 83.8bn ▪ EBITDA: INR 9.3bn (20.4% Margin) ▪ EBITDA1: INR

“Indovida is valued at a ~35% discount to the multiple ascribed to EPL Margin Accretive Merger will be EBIT margin1 (120+bps) and ROCE1 accretive (220+bps) for EPL Synergies Identified synergies of $35-50 mm across geography footprint, product capabilities and costs to drive EBITDA upside Note: ¹ As of CY25; 2 Closing price of EPL as of trading close on 27-Mar-2026 3 1 EPL Today: Global Leader in Packaging with a Strong Foundation and Consistent Performance INR 4,500+ Cr.”

“investment to use recycled PET 150kMT rPET consumption goal by 2035 Strong growth trajectory for recyclable tubes Strong focus on rPET feedstock consumption Recyclable tubes (% of total tubes) Recycled PET feedstock consumption % 33% 38% 21% FY24 FY25 YTDFY26 10% FY23 Source: FY refers to year ended March; CY refers to year ended December; YTDFY26 refers to 9 months ended Dec-2025.”

“Hemant Bakshi will be the MD and Global CEO of the MergeCo, with Mr.”

Sub.

1

EPL

1

Indovida

1

Sub.

Investor Presentation - EPL Limited (“Company”) Ref. : 1. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (“SEBI LODR Regulations”) 2. ISIN: INE255A01020 Sir/ Madam, In terms of the above referred provisions of the SEBI LODR Regulations and in furtherance of our intimations filed earlier today i.e. on March 29, 2026 regarding the outcome of the Meeting of the Board of Directors of the Company held on March 29, 2026 and the Press Release, respectively, please find enclosed herewith, a copy of the Investor Presentation on the Scheme of Amalgamation of Indovida India Private Limited (Transferor Company) with EPL Limited (Transferee Company) and their respective shareholders. The said https://www.eplglobal.com/. Investor Presentation will also be available on the website of the Company i.e. This is for your information and records. Thanking you. Yours faithfully, For EPL Limited Onkar Ghangurde Hea

Indovida

Rigid Packaging A Broader Packaging Offering to Better Serve the Longstanding Customer Base Preforms Bottles Closures 9 Combination Overview Products Customers Geo Footprint Sustainability 1 Serving Marquee Customers Across Categories EPL’s Longstanding Relationship With Customers Across Categories… …Complemented by Indovida’s Entrenched Blue-chip Global and Local FMCG Customers Oral BPC Indoco Remedies Ltd. Pharma Pharma Diverse product offerings enhance value proposition for customers 10 Combination Overview Products Customers Geo Footprint Sustainability 1 High Growth Emerging Markets Contribute ~75% of MergeCo Revenue Complementary geographical footprints across 17 countries High share of business from emerging markets USA Mexico Colombia United Kingdom Poland Germany Egypt Nigeria Ghana Brazil Tanzania China India Myanmar Vietnam Thailand Philippines 60%+ EPL ~90% Indovida MergeCo. Presence 11 Combination Overview Products Customers Geo Footprint Sustainability 1 EPL and Indovida