Ambuja Cements Ltd. — Investor Presentation 2024

Oct 28, 2024

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28[th] October 2024

To

National Stock Exchange of India BSE Limited Luxembourg Stock Limited Exchange Scrip Code: Scrip Code: AMBUJACEM 500425 Code: US02336R2004

Sub: Revised Investors’ Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Dear Sir/ Madam,

We are submitting herewith the revised Investors’ Presentation (i.e. change in slide no. 28 with respect to notes) titled ‘Operational & Financial Highlights’ of the Company for the quarter ended 30[th] September 2024.

The above information shall also be made available on the Company's website at www.ambujacement.com.

Kindly take the above on your records.

Thanking you,

Yours faithfully,

For Ambuja Cements Limited

Manish Digitally signed by Manish Vinodchand Vinodchandra Mistry Date: 2024.10.28 ra Mistry 13:34:57 +05'30' Manish Mistry

Company Secretary & Compliance Officer

Encl: as above

Ambuja Cements Limited Registered Office: Adani Corporate House Shantigram, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India Ph +91 79-2656 5555 www.ambujacement.com CIN: L26942GJ1981PLC004717

ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

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Operational
& Financial Highlights
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For the Quarter Ended September 30, 2024
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ADANI GROUP PROFILE

AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS OVERVIEW HIGHLIGHTS UPDATE AWARDS

Performance at a glance Q2 FY’25

Ambuja Cement consolidated

Highest sales volume in Q2 in the last 5 years

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VOLUME REVENUE FROM EBITDA PAT
(in MnT CLC) OPERATIONS (R Cr) (Excluding other income, (in R Cr)
in R Cr)

MnT 1.2 R 92 R (190) R (358)
(+9%) (+1%) (-15%) (-36%)
14.2 7,516 1,111 629
13.1 7,424 1,302 987
Excluding exceptional item of Sanghi Rs 121 Cr, AMRL Rs 35 Cr
Q2 FY25 Q2 FY25 Q2FY25 Q2 FY25
Q2 FY24 Q2 FY24 Q2FY24 Q2 FY24
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Performance at a glance H1 FY’25 Ambuja Cement consolidated

Highest sales volume in H1 in the last 5 years

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VOLUME REVENUE FROM EBITDA PAT
(in MnT CLC) OPERATIONS (R Cr) (Excluding other income, (in R Cr)
in R Cr)

MnT 1.6 R (309) R (578) R (711)
(+6%) (-2%) (-19%) (-33%)
30.1 15,828 2,391 1,412
28.5 16,137 2,969 2,123
Excluding exceptional item of Sanghi Rs 121 Cr, AMRL Rs 35 Cr
3 3
H1 FY25 H1 FY25 H1 FY25 H1 FY25
H1 FY24 H1 FY24 H1 FY24 H1 FY24
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Builders of Progress in India

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Development

Well poised for Growth

89 MTPA* capacity (22 MTPA added in last 24 months). With the projects under advanced stage of completion, the capacity will go up to 100+ MTPA by current fiscal year end. Well on track to achieve targeted capacity of 140 MTPA by FY 28

• 21 MTPA under execution

• 21 MTPA at various stages

Cost Leadership

• 18% cost reduction since Sep’22, Various Capex and Opex programs are in place to accelerate cost leadership journey

Market Leadership

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Operations

Value Creation

Stakeholders

Asset Footprint

NIL Debt, Self sustained capex plan for growth / expansion plan

• Pan India asset footprint

• Rail infrastructure and advantageous coastal movement to serve peninsular India Cash & Cash equivalent to be used for strategic opportunities

Supply Chain Excellence

• Well placed to leverage rail, sea and BCT/GUs infrastructure strength & optimize logistics cost

Societal

• 4.7 Million people benefit under community development projects

Sales & Marketing Excellence

• Highest % of trade sales (@73%) within peers, catering to profitable IHB segment

Environmental

• Ahead of Sustainable Development (SD) 2030 Plan

• • Target 60% Green Power & 27% TSR by 2028 • Water positivity (19x) in Q2 FY’25 and circular economy (8x plastic negative) achieved in FY’24

• Premium cement @26% of Trade sales, amongst highest in the industry

• Digitization to help grow granular markets

Iconic brands with outstanding Brand Equity

Capacity enhancement by 33% (22 MTPA) since acquisition of Ambuja in Sept’22

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* With 8.5 MTPA capacity of Orient Cement, this will go upto 97 MTPA
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44
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Contents

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Adani Group Performance Accolades and
Profile Highlights Awards
6 16 42
1 2 3 4 5 6
Ambuja Cement
ESG Updates Abbreviation
Overview
10 32 44
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ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS
PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS
PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS
Adani: A World Class Infrastructure & Utility Portfolio
Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C
Materials, Metal Direct to
Incubator Energy & Utility Transport & Logistics
& Mining consumer
(100%)
(74.89%) (100%) (50.00%) (100%) (100%) (100%)
ANIL AdaniConneX [3] AAHL ARTL Copper, Aluminum ADL
AEL
New Industries Data Centre Airports Roads (100%) Digital
PVC
(64.71%)
(100%)
Specialist NDTV
Manufacturing [5]
(60.94%) (74.96%)
(100%) (43.94%)
AGEL APL
Renewables IPP Mining Services & AWL
Commercial Mining Food FMCG
(69.94%) (37.40%) (65.89%) (100%) (67.57%)
AESL ATGL [2] APSEZ
NQXT [1] Cement [4]
T&D Gas Discom Ports & Logistics
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(%): Adani Family equity stake in Adani Portfolio companies (%): AEL equity stake in its subsidiaries

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Listed cos
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Direct Consumer

A multi-decade story of high growth centered around infrastructure & utility core

1. NQXT: North Queensland Export Terminal | 2. ATGL: Adani Total Gas Ltd, JV with Total Energies | 3. Data center, JV with EdgeConnex, | 4. Adani Cement includes 67.57% stake in Ambuja Cements as on 30[th] September, 2024 which in turn owns 50.05% in ACC Limited. Adani directly owns 6.64% stake in ACC Limited. Ambuja Cements Ltd. holds 58.08% stake in Sanghi Industries Ltd.| 5. Includes the manufacturing of Defense and Aerospace Equipment | AEL: Adani Enterprises Limited; APSEZ: Adani Ports and Special Economic Zone Limited; AESL: Adani Energy Solutions Limited; T&D: Transmission & Distribution; APL: Adani Power Limited; AGEL: Adani Green Energy Limited; AAHL: Adani Airport Holdings Limited; ARTL: Adani Roads Transport Limited; ANIL: Adani New Industries Limited; AWL: Adani Wilmar Limited; ADL: Adani Digital Labs Pvt. Limited; IPP: Independent Power Producer | NDTV: New Delhi Television Ltd | PVC: Polyvinyl Chloride l Promoter’s holdings are as on 30[th] September, 2024.

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

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Adani Portfolio: Decades long track record of industry best growth with national footprint

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Secular growth with world leading efficiency National footprint with deep coverage
Growth 3x [6] Growth 4x [6]
EBITDA 71% [1,2,3] EBITDA 92% [1,3,4]
AEL
APSEZ
Growth 3x [6] Growth 1.4x [6] Adani’s Core Infra.
AGEL
Platform –
ATGL
AESL
EBITDA 91% [1,2,3,5] EBITDA 24% [1,3] APL 350 Mn
Adani Cement Userbase
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Note: 1. Data for FY24 ; 2. Margin for Indian ports business only l Excludes forex gains/losses; 3. EBITDA: Earning before Interest Tax Depreciation & Amortization I EBITDA: PAT + Share of profit from JV + Tax + Deferred Tax + Depreciation + Finance Cost + Forex Loss / (Gain) + Exceptional Items 4. EBITDA Margin represents EBITDA earned from power supply 5. Operating EBITDA margin of transmission business only, does not include distribution business l 6. Growth pertains to expansion and development aligned with market growth. Growth of respective Adani portfolio company vs. Industry growth is as follows: APSEZ 's cargo volume surged from 113 MMT to 408 MMT (14%) between 2014 and 2024, outpacing the industry's growth from 972 MMT to 1539 MMT (5%). AGEL 's operational capacity expanded from 0.3 GW to 10.9 GW (57%) between 2016 and 2024, surpassing the industry's growth from 46 GW to 143.6 GW (15%). AESL's transmission length increased from 6,950 ckm to 20,509 ckm (14%) between 2016 and 2024, surpassing the industry's growth from 3,41,551 ckm to 4,85,544 ckm (4%). ATGL expanded its geographical areas from 6 to 52 (27%) between 2015 and 2024, outperforming the industry's growth from 62 to 307 (19%). PBT: Profit before tax l ATGL: Adani Total Gas Limited l AEL: Adani Enterprises Limited l APSEZ: Adani Ports and Special Economic Zone Limited l AESL: Adani Energy Solutions Limited l APL: Adani Power Limited l AGEL: Adani Green Energy Limited l Growth represents the comparison with respective industry segment. Industry source: APSEZ (domestic cargo volume): https://shipmin.gov.in/division/transport-research l Renewable (operational capacity): Installed Capacity Report - Central Electricity Authority (cea.nic.in) l AESL (ckms): National Power Portal (npp.gov.in) l ATGL (GAs): Brochure petroleum.cdr (pngrb.gov.in) | ckms: circuit kilometers | GA: Geographical Areas

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

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Adani Portfolio: Repeatable, robust & proven transformative model of investment

OPERATIONS

CONSUMERS

DEVELOPMENT

• 1 New C.E.O.

• Operations (AIMSL) Consumer I Employees I Other Stakeholders

• Operation Inspired Purpose & Value Creation • Life cycle O&M • Delivering exceptional products & services for elevated planning engagement

Adani Infra (India) Limited (AIIL)

Origination Site Development Construction Operation Inspired Purpose & Value Creation • Analysis & market • Site acquisition • Engineering & design • Life cycle O&M • Delivering exceptional products & services for elevated intelligence • Concessions & • Sourcing & quality planning engagement • Viability analysis regulatory agreements • Asset Management plan • Differentiated and many P&Ls Adani’s Core Infra. Platform – 350 Mn India’s Largest Longest Private HVDC World’s largest Energy Network Userbase Commercial Port Line in Asia Renewable Cluster Operation Center (at Mundra) (Mundra - Mohindergarh) (at Khavda) (ENOC) Strategic value Investment Case Growth Capital – Platform 6% Long Term Debt Mapping Development Infrastructure Financing 14% 13% Framework 31% PSU Banks March March Pvt. Banks Policy, Duration Risk Matching 31% 2016 55% 2024 19% Bonds Strategy & Risk Management – Rate & Currency 2% NBFCs & FIs Risk Governance & Assurance DII Framework Diversified Source of Capital 28% 1% Global Int. Banks Capex LC Continued Focus & Human Capital • Leadership Development Initiatives AI enabled Digital Transformation •• Power Utility Business -City Gas Distribution - SOULENOC Investment Development • Investment in Human Capital • Transportation Business - AOCC

Note 1 Adani Environmental Resource Management Services Ltd. (additional company is being proposed)

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O&M: Operations & Maintenance l HVDC: High voltage direct current l PSU: Public Sector Undertaking (Public Banks in India) l GMTN: Global Medium-Term Notes l SLB: Sustainability Linked Bonds l AEML: Adani Electricity Mumbai Ltd. l AIMSL : Adani Infra Mgt Services Pvt Ltd l IG: Investment Grade l LC: Letter of Credit l DII: Domestic Institutional Investors l COP26: 2021 United Nations Climate Change Conference l AGEL: Adani Green Energy Ltd. l NBFC: Non-Banking Financial Company l AIIL: Adani Infra (India) Limited

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ADANI GROUP ADANI CEMENT PERFORMANCE ESG PROFILE OVERVIEW HIGHLIGHTS UPDATE

ACCOLADES & ABBREVIATIONS AWARDS

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Ambuja Cement - Overview
02
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ADANI GROUP PROFILE

AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & OVERVIEW HIGHLIGHTS UPDATE AWARDS

Advantage - Group Synergy

Realty

Fly Ash

Fly ash sourced from group’s power plants ensures assured timely supply with optimized cost and advantage of BCFC rakes can be optimised

Group land bank Group Cement/Concrete requirement (Dharavi, Navi Mumbai Airport, Ganga expressway..)

Coal

Use group’s expertise in procuring coal and mining operations

People

With diversified operations of Group, this will also enable optimization of resources with right Talent at right place, training & development

Logistics

Distribution cost can be further optimized with group company’s expertise in all modes of logistics & port operations

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AIIL

Leveraging Group’s expertise in projects execution & cost negotiation benefits

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SportsLine Branding and Marketing

Power & Renewables

Group’s expertise in Thermal power plant operations and renewable energy to optimize power cost

GCC services / Digital Infra Leverage shared services vertical of the group, along with digital infra (IT)

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

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Infrastructure and Housing sectors to fuel Cement Demand Growth

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Housing remains as the healthy recipient of Capex

Cement Demand Segments (% share)

• Government continues to reinforce its commitment to achieve “Housing For All”

• New phase of PMAY scheme launched

• ‒ Additional 3 Cr houses to be constructed under PMAY (Urban and

• Housing Rural)

Housing Infrastructure ‒ New phase of PMAY scheme launched ‒ Additional 3 Cr houses to be constructed under PMAY (Urban and Rural) Rapid Infrastructure is the key driver of Indian economy – Steps to advance India’s infrastructure have taken shape in the form of • PM Gati Shakti National Master Plan • National Logistics Policy • Smart Cities Mission – Substantial Budget allocation (~Rs.11 lakh Cr.) for infrastructure development – Phase IV of PMGSY to be launched to offer all weather road connectivity – Industrial parks to be developed in around 100 cities – Government focuses on to augment capacity and modernize Indian railways to drive the growth. The metro network, including regional rapid transit systems (RRTS) is proposed, to be expanded to 1,700 kms across 27 cities by 2025 and subsequently to 50 cities. The operational metro line to be doubled in the next 4-5 years Demand for Commercial Sector Surged – Rising demand for office spaces to boost commercial construction – Government to continue focus on industrial capital expenditure – PLI scheme to enhance manufacturing capabilities and associated utilities

10%-14% 24%-25% 62%-65% FY’24 11%-15% 25%-27% 60%-62% FY’28 Commercial Infrastructure Housing

Commercial

PMAY – Pradhan Matri Awaas Yojana PMGSY – Pradhan Mantri Gram Sadak Yojana

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AMBUJA CEMENT PERFORMANCE ESG OVERVIEW HIGHLIGHTS UPDATE

ADANI GROUP PROFILE

ACCOLADES & AWARDS

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Cement Demand - Strong Correlation with GDP; High growth expected

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Indian Economy

• India continues to lead as fastest growing economy; GDP to grow by 6-7% over next 5 years

• CPI Inflation is showing a downward trend to ~ 4.5% in FY’25 vs 5.4% in FY’24, positive sign for higher disposable income

Cement Industry

• Accounts 23% of Building Material industry

• Adani Cement to accelerate capacity expansion to reach 140 MTPA by 2028

• With the planned capacity Adani Cement market share targeted to be 20% by FY’28 (Q2 FY’25 - 15%)

730 551 542 422 FY 2024 FY 2028f Demand growth @ CAGR of 7% Supply Supply growth @ CAGR of 6-7% Demand Adani Cement Geographical Spread (Capacity Share) Northern Zone : 24% Central Zone : 8% Western Zone : 25% Southern Zone : 24% Eastern Zone : 19%*

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Adani Cement Geographical Spread
(Capacity Share)
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Cement Demand

• Cement sector’s performance subdued during H1 FY 2025 due to general election & slowdown in construction activity amid monsoon

• Housing and infrastructure projects to drive future cement demand

• Cement demand growth was 4.0% in Q2 FY’24, 1.2% Q1 FY’25 and 0.7% Q2 FY’25. This is expected to expand by 4% - 5% during FY 2025

Consolidation

• ~200 MnT capacity exchanged hands during last 10 year

• Adani’s last acquisition of Penna Cement completed successfully in Q2 FY’25

• Ambuja cements announced the signing of a binding agreement with Orient Cements for acquisition of 46.8% shares .

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• Capacity share of FY’24

ADANI GROUP PROFILE

AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS OVERVIEW HIGHLIGHTS UPDATE AWARDS

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Presence in 31 states & union
$
territories and 625+ districts (~75%)
Gagal
For the Quarter Ended September 30, 2024
Darla / Suli
Rajpura Ropar Nalagarh Asian Nalagarh
89 MTPA 63.5% Bhatinda Roorkee
Cement Capacity Clinker Factor Dadri
Kymore
Rabriyawas
Ametha
Jodhpur
22 11 Marwar Mundwa Tikaria
Chaibasa
Integrated Units Captive Ships Lakheri
Farakka
Sanghi Sindri
Navalakhi Sankrail
84% 88+ Ambujanagar Damodhar
Share of Blended Cement Ready-Mix Concrete plants Muldwarka SuratDahej Bargarh Kolkata
Panv el Bhatapara
Integrated Plants
BCCI Jamul Gopalpur Grinding Units
9.5% 10 Chanda Maratha cement works Bulk Terminal
Wadi
Thermal Substitution Rate Bulk Cement Terminals Patas Ganeshpahad Blending unit
Tandur
Vizag Ambuja
ACC
1,05,000+ 21 Kudithini Krishnapatnam Sanghi
Channel partners across India Grinding Units Mangalore Thondebhav i Boyareddypalli Dahej
Talaricheruvu
Penna
Note: Madukkarai
1. With acquisition of Orient cements (8.5 MTPA) capacity will go up to 97 MTPA Cochi n Karaikal
2. Projects under advance stages of execution for 11 MTPA Clinker and 21 MTPA Cement Tuticorin
$ National presence (%age coverage of total districts in India) as on 30.09.2024
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Iconic brands with cumulative 120+ years history that shaped the industry

Strength

Pioneered brand building & technical services Market leaders with Virat Compressive Strength

Heritage

India‘s 1st Cement Company, Inter-generational legacy pioneered product development

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High
Patronage
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High contribution from Trade segment

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Trade Cement Share
IHB Contractors Ambuja + ACC
73%
Industry – 65%
Professionals Dealers
Share of Premium
Products
26%
Institutional
of Trade Volume
Clients
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National presence (Capacity Share)

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Region wise Capacity share of Ambuja
Consol
Northern Zone : 24%
Central Zone : 8%
Western Zone : 25%
Southern Zone : 24%
Eastern Zone : 19%
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Capacity share of FY’24
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ADANI GROUP ADANI CEMENT PROFILE OVERVIEW

PERFORMANCE HIGHLIGHTS

ESG ACCOLADES & ABBREVIATIONS UPDATE AWARDS

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

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On track to achieve Targeted Growth more efficiently

• With recent acquisition of Orient Cement and projects under advanced stage of completion, operational capacity to cross 100+ MTPA by this fiscal year

• Net worth all time high at Rs. 59,916 Cr and Cash & Cash equivalent at Rs 10,135 Cr

• Added 70 Mn MT new limestone reserves secured in Q2 FY’25, total reserves reaching 8.2 Bn MT at a premium < 3%. In addition to this, OCL has substantial high quality limestone reserves which adds to existing resources. This will help deliver targeted capacity of 140 MTPA by FY’28.

• ESG Program :

  • Ambuja becomes the world’s first cement company to join the Alliance for Industry Decarbonization (AFID) , an initiative of IRENA (International Renewable Energy Agency)

  • Net Zero commitment with 2050 targets validated by SBT i

  • Green power share expected to be 20% of power consumption by FY’25 & 60% by FY’28

  • Water positive @ 19x (ahead of SDP 2030 target), Plastic negative @ 8x

• Maximizing share of Captive coal and Group synergy lead to lower fuel cost in H1 FY’25 by 15% (Rs 1.96 to 1.67/’000 kCal)

• Logistics cost will further optimize with

• Higher Sea transport share ( Target to achieve 10% by FY’28)

• Own BCFC rakes transport modes (resulting in cost reduction of Fly Ash)

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Financial results (for the Quarter)

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Ambuja Consolidated Ambuja Standalone ACC Standalone Sanghi
Particulars UoM
Sept 24 Jun 24 Sept 23 Sept 24 Jun 24 Sept 23 Sept 24 Jun 24 Sept 23 Sept 24 Jun 24 Sept 23
Volume MnT 14.2 [] 15.8 13.1 8.7 9.3 7.6 9.3 10.2 8.1 0.4 0.7 0.3
Revenue from
₹ Cr 7,516 [] 8,311 7,424 4,213 4,516 3,970 4,608 5,156 4,435 152 223 181
Operation
EBITDA (Excl. Other
₹ Cr 1,111 1,280 1,302 681 646 773 429 677 548 3 (3) (28)
Income)
EBITDA (%) % 14.8% [#] 15.4% 17.5% 16.2% 14.3% 19.5% 9.3% 13.1% 12.4% 2.0% [@] (1.3%) (15.4%)
EBITDA (PMT) ₹ /Ton 780 807 995 784 691 1,020 461 662 675 87 (40) (862)
Other Income ₹ Cr 374 355 476 265 420 378 154 70 208 12 11 5
$
PBT ₹ Cr 713 1,094 1,340 673 763 880 318 493 516 (196) (89) (39)
$$
PAT ₹ Cr 473 783 987 501 567 644 234 366 384 (196) (89) (39)
EPS (diluted) ₹ 1.85 2.62 3.74 2.03 2.33 3.03 12.42 19.45 20.41 (7.57) (3.44) (1.5)
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• Net of MSA sales for Ambuja consolidated. MSA Volumes of 4.43 MnT / Rs. 1,584 Cr, for Jun’24 Quarter

• Vs Jun’24 Lower Margin: Mainly due to Industry wise lower price realization

• @ Vs Sept’23 Higher Margin: Mainly driven by higher capacity utilisation and reduction in cost of production

• $ Includes exceptional item of Sanghi Rs 121 Cr, AMRL Rs 35 Cr

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Ambuja Cement (Consolidated) Cement Business (% Change YoY)

9%

2%

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15.8 7,983
13.1 14.2
7,115 7,227
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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22%

15%

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1,265
1,224
1,074 995
807 780
17.8% 15.3% 14.9%%
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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Volume growth and offering of value-added solutions beyond cement to customers & active engagement with Influencers through technical services team along with focused Brand promotion activity will lead to higher volume growth with price premium

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7%
266 249 247
Price (₹/bag)
Sep-23 Jun-24 Sep-24
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Constant endeavor on cost reduction through operational excellency journeys coupled with volume expansion will help in reduction of costs and contribute to improved profitability

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Ambuja Cement (Consolidated) Cement Business (% Change YoY)

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18% 10%
757 767 1,421
1,302
650 1,273
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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7%

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1,377
1,299
1,281
Sep-23 Jun-24 Sep-24
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11%

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750
615 669
Sep-23 Jun-24 Sep-24
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Cost increased by Rs 117 PMT mainly due to consumption of purchased Clinker (Beneficial on TCO basis) partly offset by lower raw material cost. Strategic initiatives for

• Long term arrangements entered for major raw materials

• Infrastructure of raw mat handling

• capex/non-capex initiatives for operational efficiency improvement

have been initiated which will contribute to optimization of costs

Consistent reduction in power & fuel Reduction in freight and forwarding costs with higher focus on costs by 7% and this reduction journey maximization of i) Green power expected to continue driven by various (WHRS, solar, Wind), ii) Captive coal, initiatives mainly, iii) Higher TSR & Synergies with – Increased share of Sea transport group. This has resulted in

• Increased share of Sea transport (Target to reach 10% by FY’28)

• Reduced Kiln fuel cost ( Rs 1.82 to

• Automation and Digitization

• 1.59//000 kCal )

• Route optimization leading to lower lead

• Improved TSR (from 7.0% to 9.5%)

• • Higher Green power share (from 15.6% to 18.2%)

• Improved Direct dispatches

Costs lower by 11% and this reduction journey expected to continue, mainly driven by

• Initiative like GCC etc.

• Strong focus on Automation & Digitalization

• Improvement in operational KPIs through elimination of inefficiencies in business processes

On QoQ basis cost has gone up mainly on account of higher Branding expenses & new asset Penna

20

ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Trade Sales amongst highest in the industry

	Particulars	Sept'24 Q	Sept'24 Q	Sept'23 Q	Sept'23 Q	Change (Volume)
		Volume (MnT)	%	Volume (MnT)	%
	Region wise cement sales volume North East South Central West	4.4 3.3 1.5 1.9 2.7	32% 24% 11% 14% 20%	4.1 3.5 1.3 1.7 2.4	31% 27% 10% 13% 19%	7% (4%) 13% 9% 10%
	Total	13.8	100%	13.0	100%	6%
	Cement type OPC Cement Blended Cement	2.3 11.5	16% 84%	1.4 11.6	11% 89%	62% (1%)
	Total	13.8	100%	13.0	100%	6%
	Segment Type Trade sale Non-trade sale	10.2 3.6	74% 26%	10.1 2.9	78% 22%	1% 26%
	Total	13.8	100%	13.0	100%	6%
	Premium Products	2.7 *	26%	2.4 *	23%	3.3pp

• as % of trade sales

Rising trend of share of Premium Products

21

ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Capacity Utilization

	Regions	H1 FY'25	H1 FY'25	H1 FY'25
		Capacity (MnT)	Production (MnT)	Utilisation %
	North East South Central West	10.9 8.7 5.7 3.5 10.2	8.9 7.5 3.4 3.6 5.4	82% 86% 60% 100% 52%
	Total	38.9	28.7	74%
	Annualized Capacity (Mn T) 89*

• With 8.5 MTPA capacity of Orient Cement, this will go upto 97 MTPA

22

ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Ambuja Cement (Standalone) Cement Business (% Change YoY)

6%

14%

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9.3 4,516
8.7
7.6
4,213
3,970
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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23%

12%

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773
1,020
784
681 691
646
19.5% 14.3% 16.2%
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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Volume growth of 14% driven by higher trade sales volume and premium products have mitigated partially the lower realization and resulted In revenue growth of 6%. Various initiatives on ground have been rolled out to push the sales volume and improve realizations,

Roll out of Capex/Opex base projects for operational excellency across all business processes and Volume expansion initiatives will result in optimization of costs and improvements in profitability

• Network improvement through technical services programs

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• Higher premium products share 10%
• Engagement with influencers
• Focused branding and promotion 260 242 233
Price (₹/bag)
Sep-23 Jun-24 Sep-24
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Ambuja Cement (Standalone) Cement Business (% Change YoY)

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0.2%
592 593
579
Sep-23 Jun-24 Sep-24
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Raw materials costs sustained at previous year level and this will be further optimized through cost leadership journey

27%

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1,273
974
925
Sep-23 Jun-24 Sep-24
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Reduction in power & fuel costs by 27% driven by higher focus on green power (WHRS, solar, Wind), captive coal maximization, higher TSR & synergies with group

• Increased Green power share (17.9% to 24.6%)

• Lower Kiln fuel cost (Rs 1.79 to 1.58//000 kCal)

• Improved TSR from 6.5% to 9.6%

11%

11%

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1,124
1,090 562
502
1,004 457
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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Lower freight and forwarding costs by 11% mainly driven by

Other costs are on decreasing trends quarter on quarter basis driven by

• −Lower total lead by 22 km @ 268 km

• −Higher direct dispatches by 11 pp @ 60%

• Elimination of avoidable costs

• Business process harmonizations

This is expected to further reduce in coming quarters with various initiatives like

• Automations

• −Network/ route optimization

• −Digitization

• −Process improvisation

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

ACC (Consolidated) Cement Business (% Change YoY)

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15% 5%
10.2
8.1 9.3 4,853
4,353
4,152
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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32%

22%

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623
513 631 609
399
428
12.3% 12.8% 9.2%
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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Higher trade sales and premium products volumes coupled with offering of value-added solutions beyond cement to customers and active engagement with Influencers lead to take higher volume growth with price premium.

Continuous focus on cost reduction and efficiency improvements through Capex programs, volume expansion, synergies between cement business and Group will help in improved profitability and margin in coming quarters

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8%
251 235 231
Price (₹/bag)
Sep-23 Jun-24 Sep-24
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

ACC (Consolidated) Cement Business (% Change YoY)

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23%

9%

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781 801 1,086 974
837
735
Sep-23 Jun-24 Sep-24 Sep-23 Jun-24 Sep-24
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Current quarter costs are higher mainly on account of purchased clinker which is beneficial on TCO basis. Besides constant endeavors

Power and Fuel costs have reduced by 24% (Rs 249/t) of cement mainly driven by,

• WHRS mix in total power up by 1.2 pp to 10%

• Optimize raw mix (minimizing costlier imported raw material consumption)

• Maximization of linkage & Captive coal have resulted in optimization of fuels costs from Rs 1.85 to Rs 1.57/’000 kCal

• Entering long term arrangements for assured supply with optimized costs

• Maximization alternative fuel consumption by 2.8 pp @10.2%

• Maximizing of alternative raw materials

• Will further bring down the costs in coming quarters

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14%

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1,168
1025
1,000
Sep-23 Jun-24 Sep-24
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Freight and forwarding costs reduced by 14% & expected to reduce further in coming quarters with various initiatives like

• Model shift in logistics with lower secondary leads

• Improved direct dispatch by 10 pp

• @50%

• Depot network remapping for freight rationalization

• Digitization: Implementation of GPS for tracking of trucks movements,

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15%

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567
466 483
Sep-23 Jun-24 Sep-24
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Other expenses have been reduced mainly due to

• Revamping the Business model with new and lean business structure

• – Challenging every spend and only business critical spends allowed

• synergies with group company resulting in better negotiated rates wherever possible

26

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS
PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS
Capex updates
27
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ADANI GROUP AMBUJA CEMENT AMBUJA CEMENT PERFORMANCE PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEWOVERVIEW HIGHLIGHTSHIGHLIGHTS UPDATE AWARDS

Roadmap to 140 MTPA by 2028, @ 89* at present, 118 by 2026

Status Update Expected completion Capacity(MTPA) Expansion Project Cement Clinker -Civil work 91 % & overall project 65 % completed, Major equipment received at site. Q4 FY'25 - 4.0 Bhatapara Line 3 (CU) - 59 % ordering completed by EPC partner, Construction in progress Q3 FY'26 - 4.0 Maratha Line 2 (CU) - EPC contract awarded - 88 % Civil work has been completed. Overall project 61 % completed. Major equipment received at site. Q4 FY'25 2.4 - Sankrail (GU) - Civil work 97% & overall project 73 % completed. Major equipment received at site. Q4 FY’25 (Phase I) 2.4 - Farakka (GU) - Civil work 86% & overall project 53 % completed. Major equipment received at site. Q4 FY'25 1.6 - Sindri (GU) -Civil work 26% & overall project 34 % completed. Delivery of Major equipment commenced. Q1 FY'26 2.4 - Salai Banwa (GU) - Major Equipment Ordering done, Construction in progress. Q2 FY’26 1.2 - Bathinda - 31 % ordering completed by EPC partner, Construction in progress Q2 FY'26 2.4 - Marwar (GU) - EPC contract awarded, Civil Piling work started. Q4 FY’26 2.4 - Warishaliganj (GU) -Contract awarded for major equipment, 85 % Civil piling work completed. Q3 FY’26 1.2 - Dahej Line-2 (GU) -Contract awarded for major equipment. Project work started Q3 FY'26 1.0 - Kalamboli (Blending) - 70 % Civil work, 64 % ordering & overall project 65 % completed. Q3 FY’26 2.0 3.0 Jodhpur (Penna IU) - Project under execution Q3 FY'26 2.0 - Krishnapatnam Penna (GU) 21.0 11.0 Sub Total In addition, Board has also approved – 14 Cement Grinding Units (2.4 MTPA) each identified at 14 locations (Land acquisitions and statutory approvals for these projects are under progress) Capacity Details (Mn T): Existing Capacity 56 89 Orient Cements 6 9 Projects under execution 11 21 Addl. Projects at various stages 16 21 Total Capacity 89 140 Cement Clinker

28 28

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ADANI GROUP AMBUJA CEMENT AMBUJA CEMENT PERFORMANCE PERFORMANCE ESG ACCOLADES & ABBREVIATIONS
PROFILE OVERVIEWOVERVIEW HIGHLIGHTSHIGHLIGHTS UPDATE AWARDS
36 140
6 104
9 97
10
6 1 $ 2 77 2
68 1
Ambuja’s Ametha Sanghi Dahej Asian Ambuja’s My Home Penna Orient Ambuja’s Projects Ambuja’s Future Consolidated
Consolidated Dec’23 Ind Ltd. 2023 Cement and consolidated Ind Cement Cement Consolidated Under Consolidated Capacity Capacity end
Operating Dec’23 Concrete Capacity as Apr’24 (Operational) operating advanced operating Additions of FY 2028
Capacity Jan’24 of FY 2024 Capacity stage of Capacity as (Blue Print
Sep’22 post Penna & execution at Mar’25 Ready)
(time of Orient
acquisition) acquisition
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This lays a clear roadmap to achieve targeted capacity of 140 MTPA before FY’28

• Includes under construction Penna cement plants / RTE(Right to Execute) of Orient and other projects

$ Ambuja/ACC have long term purchase agreement with Dahej plant of Ambuja Cement Industries Ltd., 100% subsidiary of Adani Cementation limited

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Adani Cement – Capacity Enhancement Enablers

Cement Capacity (Mn T)

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1. Land: land already in possession/ available with group / in advance stages of acquisition
2. Limestone: Cumulative ~8.2 Bn MT limestone reserve in possession at NIL to nominal
premium, minimize issues on expiry of limestone reserves by 2030
16%
3. Raw Material: 40 % of Fly Ash requirement under long term arrangement (will increase to
With 50%+ by 2028)
Orient 140
Cements 4. Enterprise Risk Management: Better enterprise risk management, 65% of total cost of
97 104 cement has synergies with group or where Group is market leader
89
67.5 77 5. Ground Network: Ground network (~1,05,000+ channel partners), stronger brand equity will
facilitate improved volumes and margins
6. Strong Balance Sheet: Ambuja continues to remain debt free with net worth of Rs. 59,916 Cr
, cash and cash equivalents of Rs.10,135 Cr and Crisil AAA (stable) / A1 + credit rating
Sept'22 FY'24 Oct'24 Oct'24 FY'25 FY'28 maintained.
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Adani Cement business will implement its accelerated capex program through internal accruals. Business will continue to remain debt free

30

ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

Ambuja Cement (consolidated): Cash & Cash Equivalents position

Synopsis of the movements in Cash & Cash Equivalent

Particulars	₹Crs
Opening balance as on 1st Apr 2024 #	15,999
(+) Cash flow from operating activities	(1,884)
(+) Cash flow from Investing activities	(9,766)
(+) Cash flow from Financing activities	5,786
Free Cash (other than lien marked )- as on 30th Sept 2024	9,769
(+) Lien marked cash for CCI and other ongoing matters	366
Total Cash & Cash Equivalents as on 30th Sept 2024	10,135

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Cash & Cash Equivalent for the last eleven quarters
32,448 $ 59,916 $
Cash & Cash Equivalent for the last Seven quarters
Sanghi Acq. 3,485 Cr Penna Acq. ^7,835 Cr
18,299
15,999
11,530 11,886 11,721
9,454 10,135
8,591
8,142 7,488 7,267
Jun-22 15th Sep-22 Dec-22 [Mar-23] [Jun-23] Sep-23 Dec-23 Mar-24 Jun-24 Sep-24
Sep’22
Under HolcimUnder Holcim Under Adani FamilyUnder Adani
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Capex growth from existing 89* to 140 MTPA will be met through internal accruals and operating cash flows

Net worth increased by ₹ 9,073 Crs during H1 FY’25 and now stands at ₹ 59,916 Crs.

Company continues to remains Debt Free

Crisil AAA (stable) / Crisil A1+ ratings maintained

*Including orient cement this will go up to 97 MTPA

• Net worth in Cr

• Includes Lien marked Cash of 366 Cr

^ Out of this Rs 510 Cr in closing cash

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS
PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS
ESG
04 Overview
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ADANI GROUP AMBUJA CEMENT PERFORMANCE PROFILE OVERVIEW HIGHLIGHTS

ESG ACCOLADES & ABBREVIATIONS UPDATE AWARDS

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Adani Cement: Stakeholder value creation

Environmental

• −Committed to SBTi and GCCA for being Net Zero by 2050

• −Strong commitment to Sustainable Development (SD) 2030 Plan

• −Major investments in Renewable Energy and WHRS

• −Geoclean, EcomaxX, AFR, alternate raw materials etc to build circularity & accelerate green products

• −Focus on water positivity and circular economy

Society

• −Spend made on various social development program

• −Outreach in 13+ states benefiting 4.6 Mn people through community development projects

• −Focus on Agro based livelihood, Water conservation, Health & Sanitation, Women Empowerment, etc.

Governance

• Enhanced Governance - In addition to the statutory committees, there are 7 additional committees/sub-committees represented by independent directors

• Legal, Regulatory & Tax Committee

• Corporate Responsibility Committee 3. Public Consumer Committee 4. Information Technology and Data Security Committee

• Mergers and Acquisitions Committee

• Commodity Price Risk Committee

• Reputation Risk Committee

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33

ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

ESG Framework

Adani Group Vision & ESG Framework

To be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.

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Policies
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Guiding principle
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Our ESG Ambition

• Net Zero ESG Reporting Framework

ESG Rating Agencies

• Waste to Resource

• Water Positive

• Biodiversity Positive

• Zero Harm

• Engaged Communities

• Zero Non-Compliance

We are aligned with above ESG Reporting Frameworks & rated by these Rating Agencies

34

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS
PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS
ESG Highlights Q2 FY’25 (Ambuja Consolidated)
Net Zero Commitment Renewable and Green Energy Circular Economy Carbon Emissions – Scope I
Committed to Net Zero by 2050 with 18.2% Ambuja -2.1 Mn T, ACC- 2.9 Mn T of Kg/tonne of cementitious material
Near-Term (2030) targets varified waste derived resources used Ambuja – 529; ACC – 458
Water Positive Plastic Negative (FY’24) Trees Planted Clinker Factor
Ambuja – 19x; ACC –0.56x Ambuja - 8x; ACC – 7x 6.4 million trees planted till FY24 67.3 %
CSR beneficiaries CSR Spent Local sourcing of raw material Training hours
4.7 million 43 crore Ambuja - 93%; ACC – 99% from 19 training hours/employee
within India
Independent Directors Data Security Anti-bribery and anti-corruption Ethics and Integrity
100% Board Committees chaired by Zero complaints Zero complaints Zero complaints
Independent Directors
% of attendance of Board members 93%
evaluation of Independent Directors by reputed firm Tax Transparency Report
Contribution towards economic development &
sustainability Rs 13,361 Cr (FY’23)
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS
PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS
ESG Ratings
RATING AGENCIES AMBUJA ACC
DJSI(2023) 60 61
CDP - CC A- A-
CDP - WS B
B
Sustainalytics 25.2 Medium 25.7 Medium
risk risk
B -
MSCI
With our Ongoing projects for Solar, Wind & WHRS at an investment of Rs. 10,000 crore
–
Scope 2 Carbon Emissions will reduce substantially
–
Will reach 60% Green Power share by FY’28
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ADANI GROUP AMBUJA CEMENT PERFORMANCE PROFILE OVERVIEW HIGHLIGHTS

ESG ACCOLADES & ABBREVIATIONS UPDATE AWARDS

ESG Dashboard

Material topic	Ambuja	ACC	UN SDGs
	*	*
Climate & Energy (Net specific CO2 emissions - Kg/T, without CPP) Circular Economy (Use of waste derived resources MnT/yr) Water & Nature People & Community (Number of beneficiaries – million)	453 529 21 2.1 10x Water positive 19x Water positive 3.5 3.27	400 458 30 2.9 5x Water positive 3.5 1.45 0.56x Water positive
Management confident of achieving ESG		targets ahead of schedule time

• Annualised

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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

38

ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

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Corporate Social Responsibility (Ambuja Consolidated)

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Livelihoods
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• 12740 trainings on agricultural activities and 143 trainings on agri allied activities across 15 Ambuja locations

• 18273 Tonne Biomass supplied to Ambuja

• 2196 Youth Trained under SEDI

• 72 newly SHGs formed

• World Youth Skills Day celebrated in across all skill training centres

• Microfinance Executive Batch and Assistant Electrician Batch launched at SEDI Bathinda

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Water Resource Management
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• 111 RRWHS constructed

• 80 Awareness camps on water resource management

• 667 Hectares covered under Micro irrigation

• Swachata Hi Seva campaign on cleanliness

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Quality Healthcare
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• 30392 truckers and allied population reached through health activities

• 6094 beneficiaries screened under NCD program

• 517 Awareness sessions on WASH in schools

• Poshan Maah campaign on nutrition organized across locations

• Eye Screening Camp organized in Raigarh, Chhattisgarh

• 4th Anganwadi Centre inaugurated in Gee Saidpur, Bathinda

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SEDI – Skill and Entrepreneurship Development Institute
SHG – Small Help Groups
RRWHS – Rain Water Harvesting System
MHM – Menstrual Hygiene Management
WASH - Water, Sanitation, and Hygiene
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ADANI GROUP AMBUJA CEMENT PERFORMANCE PROFILE OVERVIEW HIGHLIGHTS

ESG ACCOLADES & UPDATE AWARDS

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ABBREVIATIONS

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Corporate Social Responsibility (Ambuja Consolidated)

Achievements

• Anganwadi Participation certification for building well equipped centres by UP Governor

• SEDI Jaitaran honoured with an award by Rajasthan government for the quality of skill training

Partnerships

• NABARD, HP sanctions a JIVA project to cover most of the core villages of Darlaghat

• HDFC partners for a Sustainable Agri-Water initiative project in 91 Gram Panchayats in Warora and Bhadrawati blocks, Chandrapur and Umred block of Nagpur

• Certificate by the Panchayat Samiti Korpana for outstanding contributions to enhancing the academic quality of students

SEDI – Skill and Entrepreneurship Development Institute NABARD - National Bank for Agriculture and Rural Development

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ADANI GROUP AMBUJA CEMENT PERFORMANCE PROFILE OVERVIEW HIGHLIGHTS

ESG ACCOLADES & ABBREVIATIONS UPDATE AWARDS

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Board & Committee Structure

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Board of Directors
Statutory Committees Governance Committees
Audit CSR Nomination & Corporate Public Info.Tech &
Committee Committee Remuneration Committee Responsibility Consumer Data Security
Committee Committee Committee
Stakeholder Relationship
Risk Mgt. Committee Key committees like Audit, NRC, CRC & Public Consumer Committee
Committee
comprise of 100% independent directors
Reputation Risk Committee
M&A Committee
Commodity Price Risk Committee Meeting Frequency : Composition:
Quarterly 100% Independent
Legal, Regulatory & Tax Committee
Half Yearly 75% Independent
As and when 50% Independent
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• Every year independent evaluation of Independent Directors 93 % Board attendance

Ambuja Cements is placed in the 'Good' category by Institutional Investor Advisory Services (IiAS) in the Indian Corporate Governance Scorecard (2023)

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ADANI GROUP AMBUJA CEMENT PERFORMANCE PROFILE OVERVIEW HIGHLIGHTS

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ESG ACCOLADES & ABBREVIATIONS
UPDATE AWARDS
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ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS

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Accolades & Awards

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‘
‘
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Ambuja Cements & ACC Recognised as ‘ Iconic Brands of India 2024 ’ for the Third Consecutive Year

Ambuja Cements’ Nalagarh plant received ‘ Excellent Energy Efficient Award ’ while Marwar & Maratha plant received ‘ Energy Efficient Unit Award ’ at the 25th CII National Awards for Excellence in Energy Management 2024

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ICC
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Ambuja Cements felicitated with 3 Platinum and 2 Gold Awards at the 6th ICC National Occupational Health and Safety Conference & Awards for excellence in workplace safety

Ambuja Cements’ RKBA Limestone Mine receives 5-star rating from Ministry of Mines for excellence in sustainable mining and environmental protection

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44

ADANI GROUP	AMBUJA CEMENT PERFORMANCE	ESG		ACCOLADES & ABBREVIATIONS
PROFILE	OVERVIEW HIGHLIGHTS	UPDATE		AWARDS
Abbreviations
ATGL	Adani Total Gas Ltd		MnT.	Million Tonne	ENOC	Energy Network Operation Centre
AEL	Adani Enterprises Limited		CLC	Clinker and Cement	FI	Financial Institution
APSEZ	Adani Ports and Special Economic Zone Limited		PLI	Production Linked Incentive	RMX	Ready- Mix Concrete
AESL	Adani Energy Solutions Limited		TCO	Total Cost Basis	BCCI	Bulk Container Corporation of India
APL	Adani Power Limited		AFR	Alternate Fuels and Raw Material	IHB	Individual Home Buyer
AGEL	Adani Green Energy Limited		WHRS	Waste Heat Recovery System	UoM	Unit of Measurement
AAHL	Adani Airport Holdings Limited		MTPA	Million Tonne Per Annum	PMT	Per Metric Tonne
ARTL	Adani Roads Transport Limited		BCT	Bulk Cement Terminal	KPI	Key Performance Indicators
ANIL	Adani New Industries Limited		IHB	Individual Home Builder	LOI	Letter of Intent
AWL	Adani Wilmar Limited		GU	Grinding Unit
ADL	Adani Digital Limited		EC	Environment Clearance	GCC	Global Capability Centre
NDTV	New Delhi Television Ltd		CTE	Consent to Establish	EPC	Engineering, Procurement and Construction
AIMSL	Adani Infra Mgt Services Pvt Ltd		O&M	Operations & Maintenance	CU	Clinkerization Unit
OCL	Orient Cement Limited		PSU	Public Sector Undertaking	DJSI	Dow Jones Sustainability Index
GDP	Gross Domestic Product				CDP-CC	CDP Climate Change
MSCI	Morgan Stanley Capital International		NBFC GCCA	Non-Banking Financial Company Global Cement Concrete Association	CDP-WS	CDP Water Security
NABARD	National Bank For Agriculture And Rural Development		ESG	Environmental, Social & Governance	UN SDG	United Nations Sustainable Development Goals
LC	Letter of Credit				BCFC	Bottom Discharge Wagon
			B2C	Business to Consumer
RRWHS	Rainwater Harvesting System		SEDI	Skill and Entrepreneurship Development Institute	WASH	Water, Sanitation & Hygiene
SBTi	Science Based Targets initiatives		SHG	Self Help Group	MHM	Menstrual Hygiene Management
					NRC	Nomination and Renumeration Committee
SD	Sustainable Development		TSR	Thermal Substitution Rate
CSR	Corporate Social Responsibility		OPC	Ordinary Portland Cement	CRC	Corporate Responsibility Committee
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CII	Confederation of Indian Industry		AMRL	ACC Mineral Resources Limited

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Disclaimer

Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Ambuja Cements Limited (“Ambuja”), the future outlook and growth prospects, and future developments of the business and the competitive and regulatory environment, and statements which contain words or phrases such as ‘will’, ‘expected to’, etc., or similar expressions or variations of such expressions. Actual results may differ materially from these forward-looking statements due to number of factors, including future changes or developments in their business, their competitive environment, their ability to implement their strategies and initiatives and respond to technological changes and political, economic, regulatory and social conditions in India. This presentation does not constitute a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell, any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of Ambuja’s shares. Neither this presentation nor any other documentation or information (or any part thereof) delivered or supplied under or in relation to the shares shall be deemed to constitute an offer of or an invitation by or on behalf of Ambuja.

Ambuja, as such, makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. The information contained in this presentation, unless otherwise specified is only current as of the date of this presentation. Ambuja assumes no responsibility to publicly amend, modify or revise any forward-looking statements, based on any subsequent development, information or events, or otherwise. Unless otherwise stated in this document, the information contained herein is based on management information and estimates. The information contained herein is subject to change without notice and past performance is not indicative of future results. Ambuja may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes.

No person is authorized to give any information or to make any representation not contained in and not consistent with this presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of Ambuja.

This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of this presentation should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration therefrom.

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MR. DEEPAK BALWANI

Head - Investor Relations deepak.balwani@adani.com

Ambuja Cements Limited

Registered office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Ahmedabad – 382421. Ph +91 79265 65555 www.ambujacement.com; CIN: L26942GJ1981PLC004717

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