SKIPPER

@KIPPER -I[mite(dam Date: 11 May 2022 The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5" Floor, Phiroze Jeejeebhoy Towers, Dalal Street Plot No. C-1, Block-G Mumbai- 400 001 Bandra Kurla Complex, Bandra (E) Mumbai- 400 051 NSE Scrip Name- SKIPPER/BSE Scrip Code- 538562 Re: Press Release Dear Sir, We are forwarding herewith Press Release on the financial performance of the Company for the quarter and year ended 31 March 2022. Kindly take the same on record. Thanking you, Yours faithfully, For Skipper Limited Anu Singh Company Secretary & Compliance Officer Encl: As above Q4 & 12 M PERFORMANCE, 2021 - 22 9KIPPER Lifted SKIPPER LIMITED INVESTOR PRESENTATION Q4 & 12M FY’22 Results e a a. • &I ft Ii- Q. IJ. Q O. 11 H &II"� II• C 11 0 0. 0 19 ■ 5 11th May, 2022 DI SCLA I ME R This Investor Presentation has been prepared by Skipper Limited for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data set forth in this information. Skipper makes no representation or warranty as to the accuracy or completeness of this information and shall not have any liability for any representations (expressed or implied) regarding information contained in, or for any omissions from, this information or any other written or oral communications transmitted to the recipient in the course of its evaluation of the Company. This Information includes certain statements and estimates provided by the Company with respect to the projected future performance of the Company. Such statements, estimates and projections reflect various assumptions by management concerning possible anticipated results, which assumptions may or may not be correct. No representations are made as to the accuracy of such statements, estimates or projections. Prospective investors will be expected to have conducted their own due diligence investigation regarding these and all other matters pertinent to investment in the Company. This presentation may contain statements that are not historical facts, referred to as “forward looking statements.” The corporation’s actual future results may differ materially from those suggested by such statements, depending on various factors including statements contained in the Company's filings with the Stock Exchanges and our reports to shareholders. The Company does not undertake to update any written or oral forward-looking statements that may be made from time to time by or on behalf of the Company 2 9KIPPER ] W H O W E A R E L4fit(fa Great Place To Work. Certified JAN 2022 - JAN 2023 INDIA Company is India’s largest and world's only Integrated T&D company having its own Structure rolling, manufacturing, Tower Load Testing Station & Transmission Line EPC. 3 @KIPPER ] P RO D U C T O FFE R IN G S Lifted SKIPPER: ONE - STOP SOLUTION PROV ID ER Engineering products Polymer products Infrastructure projects Capacity: 300,000 MTPA Capacity: 51,000 MTPA MI SS•I TOraNns mission Line EPC • Power Transmission Tower • UPVC Pipes • Railway Electrification EPC • Power Distribution Poles • CPVC Pipes • Underground Utility laying • Monopoles • SWR Pipes by HDD • Telecom Tower • HDPE Pipes • Railway Structures • CP & PTMT • MS & High Tensile Angles • Polymer Water Tanks • Solar Structures • Fittings • Fasteners • Tower Accessories Highlights Highlights Highlights Positioned as one of the world's • Only polymer pipe company in • Forward integration activity leading transmission tower India to implement TOC in its • Aimed at high-margin projects manufacturer; largest in India operations Revenues Revenues Revenues (FY’22) (FY’22) (FY’22) Rs13,218 mn Rs3,200mn Rs 652 mn 9KIPPER Lifted SKIPPER LIMITED Performance Update Q4 FY’22 Update e a a. • &I ft Ii- Q. IJ. Q O. 11 H &II"� II• C 11 0 0. 0 19 ■ 5 ..... ••• @KIPPER ] S ta nd A l o ne Fi na nc i a l Pe rfo rma nc e Q4 FY ’22 % Lifted $ YoY up by 11 % t YoY up by 44 % $- YoY up 260 bps t YoY up by 177 % Net Sales $ QoQ up by 38 % EBITDA t QoQ up by 30 % OPM % QoQ down 70 bps PAT $ QoQ up by 197 % Rs in Mn YoY QoQ Sl Profit & Loss Summary Q4 FY’22 Q4 FY’21 Q3 FY’22 Change % Change % 1 Revenues 5,526.5 4,973.5 11.1% 4,005.0 38.0% 2 Reported EBITDA 616.7 427.9 44.1% 475.1 29.8% EBITDA Margins (%) 11.2% 8.6% + 260 Bps 11.9% -70 Bps 3 (+) Other Income 10.6 23.8 10.6 4 (-) Depreciation 122.1 116.4 121.7 5 (-) Finance Cost 254.1 209.5 228.1 Finance cost as % to Revenue 4.6% 4.2% 5.7% Profit Before Tax 6 251.1 125.9 99.5% 136.0 84.6% (2+3-4-5) PBT Margins (%) 4.5% 2.5% +200 Bps 3.4% +110 Bps 7 Tax (0.1) 35.0 51.5 8 Profit / Loss After Tax (6-7) 251.2 90.9 176.6% 84.5 +197.3% PAT Margins (%) 4.6% 1.8% +280 Bps 2.1% +250 Bps 6 @KIPPER ] Sta nd A l one – Fi na nci a l Perform a nce 12 M FY ’22 Lifted Rs in Mn Sl Profit & Loss Summary 12M FY’22 12M FY’21 Change % 1 Revenues 17,070.8 15,815.1 7.9% 2 Reported EBITDA 1,678.3 1,437.1 16.8% EBITDA Margins (%) 9.8% 9.1% +70 Bps 3 (+) Other Income 40.1 40.2 4 (-) Depreciation 484.9 452.6 5 (-) Finance Cost 930.0 723.6 Finance cost as % to Revenue 5.4% 4.6% 6 Profit Before Tax (2+3-4-5) 303.5 301.2 0.8% a PBT Margins (%) 1.8 % 1.9% 7 Tax 17.4 90.4 8 Profit / Loss After Tax (6-7) 286.1 210.8 35.7% !T PAT Margins (%) 1.7 % 1.3% 7 @KIPPER ] Lifted Co n s istent & I m p ro ved Reven u e Perfo rm an c e Tren d 11 % 5527 19 % 4,974 □ Fy 21 ■ Fy 22 4793 - 13 % 4,598 4,036 4005 Rs in Mn 24 % 2746 2,207 Q1 Q2 Q3 Q4 • Increased focus on Engineering Exports – Full year export revenue achieved Rs 3,700 mn inspite of sea freight and container availability issues. • Strong traction in Polymer business led to improved performance – Full Year Revenue Rs 3,200 mn Vs Rs 2,165 mn in FY’21 (+ 48%) 8 @KIPPER ] P E FRO R MACE H IG H LIG H TS – Q4 Fy ’22 Lifted Strong Revenue Performance across major business segments Rs in Mn Rs in Mn Stand Alone - Revenue Segment - Revenue + 13 % 5,527 11% 4,122 Achieved highest ever 3,665 4,974 net revenue quarter in polymer segment + 49 % 1,177 792 517 228 Q4 FY '22 Q4 FY'21 Engg Polymer Infra ■ Q4 Fy'22 ■ Q4 Fy'21 • Engineering exports increased to Rs 1,462 mn (+ 14% over corresponding last year qtr & + 131% over previous qtr ) • Revenue pie from Polymers increased from 16 % to 21 % 9 @KIPPER ] P E FRO R MACE H IG H LIG H TS Lifted Q4 Fy’22 Revenue performance improved on account of - Q4 Fy’22 EBITDA Margin improved on account of -  Parting away with majority of old legacy and CIF contracts aided to better margin performance in engineering business:  Strict control over fixed cost and cost reduction initiatives aided to better margin performance;  Polymer segment attaining Scale and Size, getting benefited from fixed cost getting rationalised over larger revenue base.  Raw material price volatility & container unavailability continues to remain a challenge, company is taking adequate measures to mitigate the same Going forth most of the revenue execution will take place from newer contracts which were secured on FOB terms and at elevated commodity price level aiding to better margin performance 10 @KIPPER ] S EG ME N T R E P O RT Lifted Se gme nt Pe rfo rman c e Q4 & 12M F Y ’ 22 Rs in Mn Segment Profit & Loss Summary Q4 FY'22 Q4 FY'21 Change % 12M FY'22 12M FY'21 Change % Net Sales 4,121.7 3,665.0 12.5% 13,218.5 11,986.2 10.3% Engg Infra EBITDA - Operating 535.0 364.5 46.8% 1,416.2 1,057.0 34.0% Products 4% Polymer % of Sales 13.0% 9.9% 10.7% 8.8% 19% Net Sales 1,177.2 791.9 48.7% 3,200.2 2,165.4 47.8% PVC EBITDA - Operating 61.0 46.5 31.2% 110.1 70.5 56.1% Products % of Sales 5.2% 5.9% 3.4% 3.3% Net Sales 227.6 516.6 -55.9% 652.2 1,663.5 -60.8% Infra EBITDA - Operating 9.0 2.3 286.3% (38.4) 30.5 -225.7% Projects % of Sales 4.0% 0.5% -5.9% 1.8% Net Sales Total 5,526.5 4,973.5 11.1% 17,070.8 15,815.0 7.9% Engg Total EBITDA Total 605.0 413.3 46.4% 1,487.9 1,158.0 28.5% 77% % of Sales 10.9% 8.3% 8.7% 7.3% Revenue Mix – 12M FY’22 Note: Segment EBITDA is net of Forex and includes allocation of un-allocable expenditure in pro-rata share of Sales and Capital Employed in their respective segment 11 @KIPPER ] Effi c i e nt D e bt Ma na ge me nt Lifted Debt Details Rs in Million 31.03.2022 31.03.2021 Inc / (Dec) Long Term Debt 2,120 2,563 (443) Current Maturities of Long 679 586 93 Term Debt Total Long Term Debt 2,799 3,149 (350) Short Term Debt 2,868 1,236 1,632 Gross Debt Level 5,667 4,385 1,282 Debt Equity Ratio (X) 0.77 0.62 0.15  Unavailability of export containers led to some piling of finished goods  Continuing Port Congestion and delays making shipping transit time longer; leading to delayed collection & higher finance cost ;  Deliberately held high level of RM inventory to mitigate commodity price risk on secured contracts; Prices of key raw materials have gone up by over 30-40% during last quarter on account of Geo political issues, leading to increased working capital utilisation  Efforts continues on cash flow & balance sheet consolidation, focus to improve bottom-line profitability 12 Great Place To @KIPPER ] B U S IN ES S U P DAT E – Q4 & 12M FY ’22 Work.. Limited Certified Performance Update Key Performance Highlights  Strong revenue performance across major business segments in spite of inflationary cost push and geo- political related challenges; Achieved highest ever quarterly & Annual revenue performance in Polymer segment  Unavailability of Sea Containers and longer lead time adversely impacted export revenue execution of engineering business  Stand Alone EBITDA margins improved to 11.2% in compare to 8.6 % in previous year quarter and 9.8 % for the current year in comparison to 9.1% in previous year  Focus continues on Bottom-line improvement; PBT & PAT grew by 100 % and 177 % over previous year quarter Order Book Highlights  Secured new order inflow of Rs 2,710 million during the quarter; YTD order inflows in excess of Rs 16,480 million, registering a staggering growth of ~ 158 % over the last year same period  Secured a significant size supply order in North America for Monopoles.  Actively pursuing projects worth Rs 45,000 million on international front and about Rs 50,000 million on the Domestic front.  All new large T&D projects in domestic markets now comes along with Design and Load testing scope; Our new R&D centre will give us distinct advantage over competition. Other Update  Added New products in the polymer pipe segment - Launched “Marina” Water Tanks under the Skipper Pipes brand.  Successfully completed the assessment conducted by Great Place to Work Institute, India, and is certified a great workplace  Plants operating with strict COVID-19 protocols with contingency planning; Health and safety of employees and partners remains key focus area for the company 13 @KIPPER ] O R D E R B O O K P IE Lfniteti En gin e ering P ro d u c ts – Ord e r Bo o k Co mp o s ition – Marc h 2022 Total Order Book Segment Break up Rs 21,150 million J J Domestic 55% 45% 32% r ?) Order Breakup Export 45% 16% 7% ■ Domestic ■ Export ■ PGCIL ■ SEB & Others ■ Export ■ Telecom 14 @KIPPER ] R i si ng O rde r Infl o w Lifted En gin e ering P ro d u c ts – Ord e r Inflo w Co m p o s ition • New Order Intake of Rs 2,710 million in Q4 FY’22 & Rs 16,480 million in 12M Fy’22 for engineering products supply from PGCIL, SEB’s & Telecom Players and for various supplies across Asia Pacific, Middle East, Africa and LATAM markets • T&D Order Book well diversified between Power Grid, Domestic SEB / Private players and international • Strong growth trajectory in Telecom in both domestic & International markets; Made inroads into 3-4 newer export geographies which were earlier dominated by Chinese players Qtr Wise - Order Inflow Trend A large percentage of orders available in the market are on fixed price basis, thus company is adopting a cautious approach in new Q4 FY’22 Inflow Composition order intake considering the present 5,010 volatile commodity market scenario Rs 2,710 million 4,530 4,230 3,810 n o iliiM 2,710 n 2,300 s R i 2,200 Export Domestic Q4’22 Inflow 48% 52% Composition 440 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Fy'21 FY'21 FY'21 FY'21 FY'22 FY'22 FY'22 FY'22 15 @KIPPER ] O R D E R B O O K P IE Lifted Risin g Exp o rt Sh are Inflo w Export Order Inflow Trend Positioned to grow export business to 75% of Engineering revenue in next 2 years  Secured new export orders in excess of Rs 7,440 million 7,440 during the year. More than Doubled  A large percentage of orders available in the market are last year total inflow on fixed price basis, thus company is adopting a cautious approach in new order intake considering the present volatile commodity market scenario n  Customers have now willingly started accepting Price o iliiM variation clauses - resulting in finalization and n awarding of long pending order with them. s i 2,880 R  Made inroads into North America, Asia Pacific, Middle East and West African market with 3-4 large utilities, which were earlier dominated by Chinese players.  In advanced stages of negotiation to secure 2-3 large size contracts  Majority of New Transmission lines are now getting 12M Fy'21 12M FY'22 built to cater renewables; leading to shorter execution cycle and faster supplies to meet project deadlines.  Bid to - order life cycle which got prolonged due to covid led disruption have returned back to normalcy 16 @KIPPER ] Stro ng B i ddi ng P i pel i ne -Li: Strong Bidding Pipeline of 95,000 Million as on 31st March 2022; International – 45,000 Mn & Domestic - 50,000 Mn • Expecting International Ordering & Execution to gain pace ; • In advanced Stages of negotiation to secure some good size International contract • Large pent up demand in domestic T&D ; Ordering continues to remain muted • Increased focus on building up Engineering capabilities International  Growing global competiveness; Focusing on international markets to drive the ordering growth;  Strong Anti China Sentiment; and global supply chain now actively looking for reducing their dependence on China is a great positive outcome of this crisis ; will bring more opportunities on our way  Majority of New Transmission lines are now getting built to cater renewables; leading to shorter execution cycle and faster supplies to meet project deadlines. Domestic  The domestic T&D actvities are showing signs of rebound, Company’s Order bidding pipe line remains strong at Rs 20,000 mn.  Tender Pipeline continues to stay strong, Many tenders in the domestic T&D market which got postponed - now expected to be concluded in next few months.  Strong traction in domestic telecom on account of 5G Rollout / High bandwidth usage.  Ahead of the rollout of the high speed 5G network, the government is set to give a massive push to telecom infrastructure across the country with plans to add 8 lac new mobile towers over the next 2 years 17 m ite= d = ----------------------7 � , • 9KIPPER Ma na gi ng R M P ri c e Vo l ati l i ty Lifted • Uncertainty towards Commodities trade have loomed with the war as both Russia and Ukraine are major exporters of Key commodities and even more important billet exporters. Given the expectation of export disruptions in both countries, Steel Metallic and Finished prices have increased following the invasion. • The company is taking all necessary steps to tackle & neutralise the impact of this temporary RM volatility / Container Freight issues and protect margins - Mitigation Securing Newer Contracts at elevated commodity price level, Preferring Contracts with price variance over Fixed Terms Strategy Participating in Fixed Price Contracts with Sufficient cushion and building high risk premium margins into our working estimates (Limited cases) Took advantage of low working capital debt level of company to keep higher raw material inventory so that a larger portion of the fixed price contracts are covered with the inventory Started Hedging Zinc & Flat Steel Exposure through Vendor & commodity exchange both International (LME, CME) and domestic (MCX, BSE) Expanding Raw material supplier base ; Negotiating firm prices contract with raw material supplier for longer duration Forging Tie-ups with major raw material suppliers with minimum up-liftment commitment to gain maximum possible rebates and discounts. Considering lack of container availability at ports and High Sea Freight rates – Company is trying to abstain itself from entering into Exports CIF Commitments, secured majority of newer export contracts on FOB terms only 18 @KIPPER ] P O LYME R P RO D U C TS S EG ME N T Lifted SKIPPER’S POLYMER BUSINESS Polymer Plants invested Guwahati Fittings Among few Indian One of few Indian manufacturing state-of-the-art Plant enjoys tax companies assured companies with capacity of 51,000 manufacturing exemption of CPVC for pipes NSF certification MTPA technology manufacture Quality certifications • ASTM D-1785, ASTM D-2467, ASTM D-2846 • IS: 12818 • IS: 13592 • IS: 4985 • IS: 15778 • IS: 13592 • IS: 14735 • IS: 10124 • IS: 14182 • NSF 19 @KIPPER ] Po l yme r H i ghl i ghts Lifted Polymer – Improving Revenue Performance Major Highlights Highest ever Annual Revenue of Rs 3,200 million  Only Polymer Pipe company in India to implement TOC into its operation Highest Ever Quarter  Growing National Presence ; Performance  Deriving 75% of overall revenue through TOC channel network 1,177 n o iliiM  Total Retailer Touch points in excess of n 23,000 plus (nos) in March’22 s i 792 772 748 R 626  Retailer touch points increased 10(X) 503 436 fold in last 2 year period 311  Total Monthly Billed Retailers of 5,000 plus (nos) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4  Focus on Plumbing Portfolio; Fy'21 FY'21 FY'21 FY'21 FY'22 FY'22 FY'22 FY'22 70 :30 Revenue mix share of Plumbing: Agriculture 20 9KIPPER ] T H EO RY O F CO N ST R A IN TS L4fit(fa OUR USP • Partnering benefits: • Exponential Sales Growth & Gain in Market Share Skipper is the only Indian polymer pipe company to • Robust Processes & Systems in place to improve implement Theory of profitability Constraints (TOC) approach in an organized • Consistent availability of entire range of products manner at billing points Directed to empower the • Improvement in working capital cycle and supply chain processes reduction of inventory days and systems • Gain of more output from the current capacity • Improvement in ROI to dealers and distributors 21 9KIPPER @KIPPER ] N ew Po l yme r P ro duc t A ddi ti o n Limited Performance Update Awards & Approvals --- BATH FITTINGS --- $KIPPER Flow Brovo SKIPPER wssu -. BAH ACCESSORIES ===(lean & Fresh= PTMT BATH ACCESSORIES CISTERN & SEAT COVER 22 S k i ppe r P i pe s – B ra ndi ng A c ti v i ti e s @KIPPER Performance Update TAtNKS Awards & Approvals - - $KIPPER 5Oo Ltrs. r C (� 4 Aven -2 3 . . ? . . - - Available Sizes: 500 L, 750 L, 1000 L, 1500 L, 2000 L Available Colours:OOOO @@ Added New products in the polymer pipe segment - Launched “Marina” Water Tanks under the Skipper Pipes brand. 23 9KIPPER @KIPPER ] N ew Po l yme r P ro duc t A ddi ti o n Lifted Performance Update Awards & Approvals -- BATH FITTINGS -- JADE SHOWER .- -u- - - 0_,. .... "" f ""' I -0.0· L0_.. 0 0. e�r 4 _0....,. .. I .ad 4. 1 .# %. do td d¢. d 00 u ¢4 . 0 .z. . 0 ( . %. . 6 • :/ iii .«- - .--M-d I -- e --- ABALONE Style ESSENTALS %.. 0• +l •• THAT SUITS YOU BATHROOM 24 @KIPPER ] B usi ne ss O utl o o k --- Limited .................................................................................... P ERFORMANCE OUT LOOK  Company expects to clock high double digit annual revenue growth in Fy’23 on back of strong pending execution of engineering contracts and strong polymer segment performance ;  Going forth most of the engineering revenue execution will take place from newer contracts which were secured on FOB terms and at elevated commodity price level aiding to continued better margin performance  Targeting Inflow of Rs 22,000 - 25,000 million in Fy’23 , largely on account of international export orders and rebound in Domestic T&D ordering  Expect good traction in International TL orders to continue, While pending domestic TL ordering bids are expected to start getting awarded by Q2 / Q3’23  Continuing efforts to further strengthen the international T&D order book ; positioned to grow exports to 50% of engineering revenue in current year (FY’23) and to 75 % by next year (FY’24)  Productivity and cost reduction cost reduction initiatives at the plant and site level are expected to further improve efficiency in operations and aid to stable margins  Implementation of TOC in both Engineering and Polymer business to significantly improve its working capital cycle and bottom-line profitability 25 @KIPPER ] S ha re ho l di ng Patte rn Lifted S ha re ho l di ng patte rn Ma j o r Insti tuti o na l S ha re ho l de rs a s o n 31st Ma rc h 22 A s o n 31st Ma rc h 22 Name % Baillie Gifford - Pacific Horizon Investment 4.31% Promoters Trust 71.89% Ocean Dial Asset Management India (ICGF) 4.08% Foreign Portfliio Dovetail India Fund 0.63% Investors 9.31% Others 18.80% 26 9KIPPER SKIPPER RGD Future Ready • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • @KIPPER ] E XP LO R IN G N E W G EO G R A P H IES Lifted FOCUS ON GROWING EXPORTS • Optimistic outlook: Positioned to grow exports to 50% of Engineering revenue in current year (FY’23) and to 75 % by International certifications next year (FY’23). Certification Country • Opportunity-ready: Certified by prominent international CFE/LAPEM Mexico organizations for confidence-enhancing certifications CWB Canada & USA • Established traction: Working with over 100 Global EPC player ; DEWA Dubai Enlisted 10 Plus prominent customers in past 12 months ROHAS Malaysia CE CERTIFICATION Europe • In House Design Capability: With in-house design capability and ACHILLES/STATNET Nordics human capital, we are able to add more value into the projects Saudi Electric Company Saudi Arabia we bid, offering innovative, bespoke and cost-effective design The Jordanian Electric Power Company solutions. Ltd Jordan RETIE Colombia • Creditable beginning: first-time order and enquiries from USA, EETC Egypt Germany, Spain, South Korea, Uruguay, Paraguay, Romania, BPC Bhutan Croatia, Mexico, Panama, Bolivia, Poland, Afghanistan, Russia, KETRACO Kenya Australia and East / West African countries among others TCN Nigeria • Competitiveness: Strong Anti-Chinese Sentiment and gradual NGCP Philippines DAST European Union decoupling from China is also causing many projects to seek alternative supply chains, giving further fuel to business potential coming our way. • Brand Positioning: Our recently set up R&D Centre and Tower Testing Station have vastly improved our brand positioning in the export markets, helping us to be taken as a serious contender. • 28 @KIPPER ] B usi ne ss O utl o o k --- Limited With Major Approvals in place and strong relationship been developed with Major USA EPC players and Utilities over the past few years, Company is well poised to target and get benefitted from this massive Power T&D investment plans. Big Op p o rtu nity – USA Power transmission capacity may need to increase nearly 90% by 2050 With bipartisan support, the U.S. House of (terawatt-miles) Representatives passed the US $ 1.2 Trillion Existing I Reference Decarb I Decarb+E 270 Infrastructure Investment and Jobs Act on 5th November, 2021. 200  The Bipartisan Infrastructure Deal’s more than 170 $ 65 billion investment includes the largest investment in clean energy transmission and 143 grid in American history.  Plans to upgrade the power infrastructure by building thousands of miles of new, resilient transmission lines to facilitate the expansion of renewables and clean energy, while lowering costs. 2020 2D35 2050 As of Sept 8, 2021 Reference assumes business-as-usual  Studies have estimated the U.S. will need to Decarb assumes policies drive a 95% reduction from 2005 levels in the grids carbon dioxide emissions by 2035 and a 100% reduction by 2050. double or even triple its transmission capacity Decarb+E goes further by including large-scale electrification of end uses. Source: U.S. Department of Energy to decarbonize the country's economy. Source : S&P Global 29 @KIPPER ] Ma j o r T & D P ro j e c ts A nno unc e me nt & A ppro va l Lifted One Sun One World One Grid Project (OSOWOG) • India and Britain signed a solar power initiative, called One Sun One World One Grid, that envisions an interconnected transnational solar grid. • OSOWOG is India's initiative to build a global ecosystem of interconnected renewable energy resources With bipartisan support, the U.S. House of • A consortium steered by French state-run power utility firm Électricité de France SA (EDF) has been Representatives passed the US $ 1.2 Trillion awarded the tender of crafting the road map for India’s ambitious global grid. The other members of the Infrastructure Investment and Jobs Act on 5th consortium are France’s Application Européenne de Technologies et de Services (AETS), and India’s The November, 2021. Energy and Resources Institute (TERI). • ThTeh eth Breipea-mrtiesmanb eInr fcroanstsrourctituumre w Diell adle’sv meloopre O tShOaWn OG’s long-term vision, implementation plan, road map, $ 65 billion investment includes the largest and institutional framework including a technical and financial proposal. investment in clean energy transmission and • Byg r2i0d5 i0n, Athmee grriicda ani mhiss tfoorr y2.6 00GW of interconnection. Strong Opportunity in India’s T&D Sector  Plans to upgrade the power infrastructure by • Scbauliinldgi nugp t hInoduisaa’sn dasm obfi tmioiules s aogfe nnedwa , troe sciloiemnbta t climate change , Prime Minister Mr Narendra Modi transmission lines to facilitate the expansion delivering his national statement at the COP 26 summit has announced India’s plan to increase its non of renewables and clean energy, while fossil energy capacity to 500 GW and meet 50% of its energy requirements through renewables energy by lowering costs. 2030 - opens up an unprecedented opportunities to the tune of USD 221 billion by 2030. • Union Cabinet of India has recently approved the second phase of the Green Energy Corridor of the Intra-  Studies have estimated the U.S. will need to State Transmission system for building 10,750 km long cKm across the country states. The scheme is a double or even triple its transmission capacity crtuoc idael ccaormbpoonnizeen tt hoef Icnoduian'tsr pyl'as nesc toon goemney.r ate 500 GW of renewable energy by 2030. German state-owned investment and development bank group KfW will provide the loans for the scheme. 30 9KIPPER LEA D E RS H IP P O S IT IO N Lifted SKIP P ER IS CLEARLY P OISED TO BE IN TH E W IN N IN G SP OT IN TH E IN TERN ATION AL T& D SEC TOR • Skipper is the highest accredited manufacturers in India for supplying to global markets • Largest and lowest cost manufacturer out of India and one of the lowest globally • In between 2005 – 15 Skipper supported multiple Indian non integrated T&D EPC Contractors (holding major market share) with low cost reliable Transmission Tower supplies (Towers are almost 50% of the value of any project). • Currently replicating the same format in International markets with major International EPC contractors, helping them leverage their relations with the Utilities better • Increase in approvals such as CWB (North America), CE & DAST (Europe), Lapem (Central America & Mexico),, DEWA (Middle east), Achilles (Nordic countries) and Sirim (South East Asia) which gives it better access to T&D business in these regions. Continuously increasing , Utility approval list with more key utilities in the European markets 31 9KIPPER ] T E LECO M S EC TO R L4fit(fa TELECOM TOWER • India needs around 800,000 additional towers to address digital growth and 5G Roll out • • • 1.4 • • • • 1.94 • • • China bn • mn • National Telecom Policy aims to inspire $100 bn investment in Customers • • Telecom tower • • five years • • • • • • India’s 30 per cent broadband penetration leaves large headroom • Sector added 65,000 mobile towers in two years • • • • • • • Expansion of 4G, 5G, Artificial Intelligence, Virtual Reality, • 1.18 • 0.46 India bn • mn • • • Internet of things and M2M among others are driving the need • Customers • Telecom towers • • • • • • for more towers I N DI A ON T HE C USP OF MOB I L E DA T A E X PL OSI ON India;s smartphone users has more than The number of connected devices will boom Average mobile data consumption per month double by 2022 (in mn) in india (in bn) in In-dia (in g igabytes) 7 7 7 1 1 1 0 0 0 2 2 2 2 2 2 2 2 2 0 0 0 2 2 2 0 300 600 900 0 0.4 0.8 1.2 1.6 2.0 2.4 0 6 12 18 32 9KIPPER ] LEA D E RS H IP P O S IT IO N L4fit(fa SKIP P ER IS CLEARLY SET TO BE IN TH E W IN N IN G SP OT IN TH E TELECOM SEC TOR • Large engineering capacity to support manufacturing of Telecom structures • Proximity to focus Telcos markets - East & North East • Tie up with one of world's leading tower design company - Ramboll • Long standing relationships with major telecos in India and abroad 33 $ @KIPPER ] Tra nsmi ssi o n Li ne To we r Te sti ng S tati o n -Limited- $KIPPER R&D Skipper boasts of India ‘s largest Tower & Monopole Load Testing Station - • All new large T&D projects in domestic markets now comes along with Design and Load testing scope; • Our new R&D centre will give us distinct advantage over competition. • Facility running at 100% capacity Few Power Transmission Towers & Monopoles tested at our Testing Station L 220kV Transmission 500kV 765kV S/C Monopole 765kV Transmission Tower 400kV D/C Quad Moose Tower Transmission Tower Monopole 34 9KIPPER S K IP P E R VACCIN AT IO N D R IV E I4fnitel More than 2,200 + Employees and Workers were Vaccinated 5 FREE VACCINATION CAM T SKIPPER For industrial workers Lite(i Date 2rd Ju t 2$th June _ 40 YEARS OF CREATING Tie 0 AM t6 pM " ufnitpo.bit4tis An initiative of Office of the District Health and Family Welfare Samiti Covt. of test Bega Get VACCINA Ltd vAccAnON vToRY " An initiative by Skipper Limited to keep our community healthy, 35 Thank You For any queries please contact: Aditya Dujari (Investor Relations) Skipper Limited 3A, Loudon Street, 1St Floor, Kolkata 700 017 E-Mail: aditya.dujari@skipperlimited.com Tel: + 91 33 2289 2327/5731 Mobile: 9830806906 36