Patanjali Foods Limited

INR 60

Soya acquires Biscuits, Cookies and Rusk business from Patanjali on a slump sale basis(1) (for INR 60 Cr) (4) 15th Dec, 2017 18th Dec, 2019 Feb-July, 2020 Dec, 2020 May, 2021 June, 2021 Patanjali

INR 11,994

of Nutraceutical business Annual Revenue From Operations FY18 FY20 As of December 31, 2020 INR 11,994 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5

INR 13,117

al business Annual Revenue From Operations FY18 FY20 As of December 31, 2020 INR 11,994 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note:

INR 11,480

Annual Revenue From Operations FY18 FY20 As of December 31, 2020 INR 11,994 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note: (1) As a part o

41.7%

FY18 FY20 As of December 31, 2020 INR 11,994 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note: (1) As a part of Business Transfer Agree

3.5%

0 As of December 31, 2020 INR 11,994 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note: (1) As a part of Business Transfer Agreement. (2)

46.5%

1, 2020 INR 11,994 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note: (1) As a part of Business Transfer Agreement. (2) On account of one ti

1.7%

INR 11,994 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note: (1) As a part of Business Transfer Agreement. (2) On account of one time Prov

6.5%

94 Cr INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note: (1) As a part of Business Transfer Agreement. (2) On account of one time Provision for

3.2%

INR 13,117 Cr INR 11,480 Cr EBITDA Margin (41.7%)(2) 3.5% PAT Margin (46.5%) 1.7%(3) 6.5% 3.2% Note: (1) As a part of Business Transfer Agreement. (2) On account of one time Provision for Doubt

INR 5,029 crore

Business Transfer Agreement. (2) On account of one time Provision for Doubtful Debts / Advances of INR 5,029 crores effected by Resolution Professional in FY2017-18. (3) Excludes Exceptional Items of Gain due to D

INR 6,002.50 lakh

ment of Capital Work in Progress and Property, Plant and Equipment. (4) The exact consideration is INR 6,002.50 lakhs as per the business transfer agreement with PNBL. Strictly Private and Confidential 2 Agenda

“(3) Assuming Total fundraise of INR 4,300 Cr, INR 2,664 Cr will be used for Repayment and/or prepayment, in full or part, of certain borrowings availed by Company, Strictly Private and Confidential and INR 593 Cr.”

“will be used for funding incremental working capital requirements of Company.”

Product Proposition

1

Current Product Portfolio

1

Strategies to Strengthen Nutraceuticals Business

1

Product Proposition

Health & Nutrition, Purity & Natural 2019 2020 Onwards Edible Oil & Related Business Edible Oil & Related Business FMCG FMHG • Only Patanjali group company to market biscuits, noodles, nutraceuticals, breakfast cereals in India • Nutraceutical and Wellness Segment build on health proposition Patanjali Brand and Network Access • Ability to use the Patanjali brand name and its benefits • Access to Patanjali’s Pan India distribution network Strong Governance Practices • Strong compliance systems and processes in place • Supervision by Independent Board Members with a background in vigilance, finance and judiciary • Strengthening risk management practices Strategy & Outlook • Take advantage of strong brands • Increase market share • New avenues of growth and process improvement Fund Raise Objectives • 61.95% of Gross Proceeds(3) of the Issue will be used for repayment and/or prepayment, in full or part, of certain borrowings availed by Company, 13.80% of Gross Proceeds(3) will be used for

Current Product Portfolio

Compensation for unhealthy lifestyles Government Policy Push towards mfg. Key Growth Drivers Growth in Non- Communicable Disease Increase in Awareness Key Challenges Impact of COVID-19 Urbanization Fragmented Industry Pricing

Strategies to Strengthen Nutraceuticals Business

Leveraging the strong distribution network Leveraging the strong distribution network Taking advantage of economies of scale Taking advantage of economies of scale In-house manufacturing In-house manufacturing Research & Development capabilities Research & Development capabilities Counterfeit products Tailored products Leveraging 14 years experience of Patanjali to scale up Leveraging experience of Patanjali to scale up Backed on the Patanjali Groups experience in the health wellness space, forayed into the high margin FMHG segment to capitalize on the demand for nutraceutical and wellness products Source: Technopak report. Strictly Private and Confidential 24 Products with Strong Brand Recognition in the Indian Market Increased preference for branded food products on account of Increase in awareness of health and hygiene Growth of the organized retail distribution network Rise in purchasing power among consumers, including in rural areas • Products: Biscuits, Digestive Cookies, Pausht