KDDL Limited

rs,

1, Block G, Bandra Kurla Complex, Bandra, Mumbai - 400 051 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Trading Symbol : KDDL Scrip Code : 532054 Subject: Investor Pres

120%

2 Q1FY22 Performance Overview Q1FY22 Performance Standalone Performance (Rs. Crs.) Revenue +120% 46.2 21.0 Q1FY21 Q1FY22 PAT 2.7 -4.8 Q1FY21 Q1FY22 Ethos Performance (Consolidated) (Rs.

221%

1 Q1FY22 PAT 2.7 -4.8 Q1FY21 Q1FY22 Ethos Performance (Consolidated) (Rs. Crs.) Revenue* +221% 90.0 28.1 Q1FY21 Q1FY22 PAT 0.8 -10.8 Q1FY21 Q1FY22 Q1FY22 as well as Q1FY21 were impacte

15.9%

Depreciation PBT Tax PAT 46.2 12.0 34.2 15.5 11.4 7.4 21.0 5.8 15.2 10.8 5.7 -1.3 15.9% -6.3% 1.3 1.9 2.9 3.9 1.1 2.7 0.8 2.4 3.0 -5.9 -1.1 -4.8 YoY% 120% 126% - - - Q

6.3%

ation PBT Tax PAT 46.2 12.0 34.2 15.5 11.4 7.4 21.0 5.8 15.2 10.8 5.7 -1.3 15.9% -6.3% 1.3 1.9 2.9 3.9 1.1 2.7 0.8 2.4 3.0 -5.9 -1.1 -4.8 YoY% 120% 126% - - - Q4FY21

126%

5.7 -1.3 15.9% -6.3% 1.3 1.9 2.9 3.9 1.1 2.7 0.8 2.4 3.0 -5.9 -1.1 -4.8 YoY% 120% 126% - - - Q4FY21 QoQ% 50.5 12.1 38.4 14.6 11.7 12.2 24.2% -0.2 2.2 2.9 6.9 2.2 4.7 -

24.2%

3.0 -5.9 -1.1 -4.8 YoY% 120% 126% - - - Q4FY21 QoQ% 50.5 12.1 38.4 14.6 11.7 12.2 24.2% -0.2 2.2 2.9 6.9 2.2 4.7 -8% -11% -40% -43% -42% FY21 146.9 37.7 109.2 49.7 35.7

8%

- - - Q4FY21 QoQ% 50.5 12.1 38.4 14.6 11.7 12.2 24.2% -0.2 2.2 2.9 6.9 2.2 4.7 -8% -11% -40% -43% -42% FY21 146.9 37.7 109.2 49.7 35.7 23.9 16.2% 2.5 9.3 12.0 5.1 1.

11%

- - Q4FY21 QoQ% 50.5 12.1 38.4 14.6 11.7 12.2 24.2% -0.2 2.2 2.9 6.9 2.2 4.7 -8% -11% -40% -43% -42% FY21 146.9 37.7 109.2 49.7 35.7 23.9 16.2% 2.5 9.3 12.0 5.1 1.8 3.4

40%

Q4FY21 QoQ% 50.5 12.1 38.4 14.6 11.7 12.2 24.2% -0.2 2.2 2.9 6.9 2.2 4.7 -8% -11% -40% -43% -42% FY21 146.9 37.7 109.2 49.7 35.7 23.9 16.2% 2.5 9.3 12.0 5.1 1.8 3.4 Fina

43%

QoQ% 50.5 12.1 38.4 14.6 11.7 12.2 24.2% -0.2 2.2 2.9 6.9 2.2 4.7 -8% -11% -40% -43% -42% FY21 146.9 37.7 109.2 49.7 35.7 23.9 16.2% 2.5 9.3 12.0 5.1 1.8 3.4 Financials

42%

50.5 12.1 38.4 14.6 11.7 12.2 24.2% -0.2 2.2 2.9 6.9 2.2 4.7 -8% -11% -40% -43% -42% FY21 146.9 37.7 109.2 49.7 35.7 23.9 16.2% 2.5 9.3 12.0 5.1 1.8 3.4 Financials are w

“With the change in customer behaviour, we will be best positioned to leverage these capabilities and increase market share substantially Fit & Lean ETHOS 2.0 21 Largest Pan India retailer of Luxury Watches Stores as of Jun-21 46 Addition (2) ❑ GP Boutique, Chanakya mall, Delhi (785 Sq.”

Profitability as under

2

Store Selection Criteria

1

Investor Relations Advisors

1

Profitability as under

Profit & Loss Impacts For Q1FY22 (Rs. Cr.) For Q1FY21 (Rs. Cr.) Financial impact Other expenses (Rent) Decrease in Rent expense Finance costs Increase in Finance cost Depreciation Increase in Depreciation Profit before tax PBT 9.6 -2.6 -6.2 0.8 8.3 -3.0 -7.4 -2.1 This affects other expenses, depreciation and finance cost in the Profit & loss statement & consequently impacts EBITDA and PBT of the company There would be no change in the cash flow of the company due to applicability of INDAS 116 8 Standalone Balance Sheet Assets (Rs. Crs.) Non-current assets Property, plant and equipment Capital work-in-progress Right-of-use asset Investment Property Other intangible assets Financial assets (i) Investments (ii) Loans Income Tax Asset Other Non Current Assets Current assets Inventories Financial assets (i) Trade receivables (ii) Cash and cash equivalents (iii) Other bank balances (iv) Loans (v) Other financial assets Other current assets Mar-21 Mar-20 Liabilities (Rs. Crs.) 216.2 216.0 Equ

Profitability as under

Profit & Loss Impact (Rs. Crs.) For Q1FY22 For Q1FY21 Financial impact Other expenses (Rent) Decrease in Rent expense Finance costs Increase in Finance cost Depreciation Increase in Depreciation Other Income Increase in Other income Share of Profit / loss of JV Increase in Loss of JV Profit before tax PBT 4.8 2.4 5.6 4.1 0.0 0.9 3.0 2.8 6.8 4.8 0.0 -1.8 This affects other expenses, other income, depreciation and finance cost in the Profit & loss statement & consequently impacts, Revenue, EBITDA and PBT of the company There would be no change in the cash flow of the company due to applicability of INDAS 116 19 Consolidated Balance Sheet Assets (Rs. Crores)* Non-current assets Fixed Assets Right of Use Financial Assets Other Non Current Assets Investment in Joint Venture Deferred Tax asset Current assets Inventories Trade Receivables Cash and Bank Balances Other Financial Assets Other Current Assets Mar-21 Mar-20 Equity & Liabilities (Rs. Crores)* Mar-21 Mar-20 128.8 35.1 81.2 9.0 2.6 0.

Store Selection Criteria

Reputed /Pedigree Mall at Premium location where other Premium brands present and having better facility management Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness 28 Pan-India Presence with Offline Store Network Exclusive Brands Stores Digital Strategy Right Mix • Higher share of Business from Exclusive Brands • Open Flagship stores which can enjoy higher footfalls leading to more profitability • Focus on improving profitability of existing stores • Leverage on our Digital platform to drive sales and customers • Digital strategy to lead to cost optimization and margin growth • Targeting to have a right mix of Brands at all price points leading to faster churn in Inventory and increasing profitability 29 Ethos is India’s Preferred Destination for Luxury Watches… Knowledge One-stop shop has well Ethos trained Knowledgeable staff to ensure highest customer satisfaction and increasing re

Investor Relations Advisors

KDDL Limited CIN : L33302HP1981PLC008123 Mr. Ritesh Agrawal ritesh.agrawal@ethoswatches.com CIN : U74140MH2010PTC204285 Mr. Shogun Jain/ Mr. Shrenik Shah +91 77383 77756 / +91 9664 764465 shogun.jain@sgapl.net / Shrenik.shah@sgapl.net www.kddl.com www.ethoswatches.com www.sgapl.net 33