Allcargo Logistics Ltd — Interim / Quarterly Report 2024

Jul 20, 2023

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July 20, 2023

To,

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex Mumbai - 400 001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 532749 NSE Symbol: ALLCARGO

Sub: Monthly Operational Update

Dear Sir/Madam,

In accordance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, we are enclosing herewith a copy of key business parameters for the month ended June 2023.

The given information is as per limited review by the Management. This is for the information of your members and the public at large.

The aforesaid information shall be made available on the Company's website at www.allcargologistics.com.

Kindly take the above on record.

Thanking you,

Yours faithfully,

For Allcargo Logistics Limited DEVANAND Digitally signed by DEVANAND PARSHOTTAM PARSHOTTAM MOJIDRA Date: 2023.07.20 15:21:57 +05'30' MOJIDRA Devanand Mojidra Company Secretary & Compliance Officer

Encl: a/a

ALLCARGO LOGISTICS LIMITED

Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS

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Allcargo International Supply Chain (ISC) Monthly Operational Update

LCL operations:

• LCL volume for the month of June 2023 was down 8% as compared to June 2022 and down 2% as compared to May 2023. January 2023 onwards, the volume includes ~1.5% contribution from the new acquisition in Germany.

• Global trade environment continues to remain soft. The Company is witnessing increased competition for incremental volumes in the market driven by muted overall demand. We intend to maintain our focus on volumes and market share. However, a volume focussed strategy will lead to a negative impact on yields in the near term.

• June showed a marginal dip m-o-m; however, May-June period broadly continued to trend above the last six month’s average. At a regional level, most geographies have witnessed a downward trend especially Americas and APAC. Europe fared better than Americas and APAC, but the trend remains soft.

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----- Start of picture text ----- LCL Monthly Volume, '000 cbm807 810 816748 748 720 721 732 750 737 760 745629Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23----- End of picture text -----

Note: Jan 2023 onwards volumes include recently acquired German entity

• Container utilization: Container utilization continues to remain soft, reflecting lower volumes on a YoY basis.

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----- Start of picture text ----- Container Utilization Index, TTM10092Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23Container Utilization Index----- End of picture text -----

Note: The Index shows Container utilization (Cbm/TeU) levels rebased as June 2022 = 100

ALLCARGO LOGISTICS LIMITED

Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS

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• 40 feet ratio: 40 feet container usage has remained rangebound over last 4-5 months. Decline in the 40 feet ratio was more pronounced in intra-Asia routes.

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----- Start of picture text ----- 40 feet Container Usage Index, TTM10089Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-2340' Container Usage Index----- End of picture text -----

Note: The Index shows 40 feet Container usage (number of 40 feet containers as % of total containers used) levels rebased as June 2022 = 100

FCL operations:

• FCL volume for the month of June 2023 was down 11% as compared to June 2022 and up 2.5% as compared to May 2023.

• The Y-o-Y decline was mainly driven by softer volumes in APAC and India. India volumes reflect the decline in country’s EXIM trade.

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----- Start of picture text ----- FCL Monthly Volume, '000 TEUs53 53 50 50 51 50 48 47 47 51 49 47 48Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23----- End of picture text -----

ALLCARGO LOGISTICS LIMITED

Allcargo House, 6[th] Floor, CST Road, Kalina, Santacruz (E), Mumbai - 400 098. Maharashtra. India. T: +91 22 6679 8110 | www.allcargologistics.com | CIN: L63010MH2004PLC073508 | GSTN: 27AACCA2894D1ZS