E2E Networks Limited — Investor Presentation 2021

May 12, 2021

E2E Networks Limited

Low Latency Hosting in India CIN NUMBER - L72900DL2009PLC341980

Regd. Office : Awfis, First Floor, A-24/9, Mohan Cooperative Industrial Estate, Mathura Road, Saidabad, New Delhi-110044, Phone +91-11-411-33905 Email : cs@e2enetworks.com, Website https://www.e2enetworks.com/

Date- 12.05.2021

Corporate Service Department National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai-400051

Ref: NSE Symbol- E2E

SUB: Investors Presentation

Dear Sir/Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investors Presentation of the Company. The same shall also be uploaded on Company's website.

This is for your information and record.

Thanking You,

For E2E Networks Limited

NEHA BAID

Digitally signed by NEHA BAID DN: c=IN, o=Personal, postalCode=110052, st=Delhi, 2.5.4.20=4405ef825482f87554543529ea41c651e df256da2c4b61605aefc0a3e1ada12b, serialNumber=3a81df6a442f63cb65f0a6120459 5b9938c1a0402b3e82fe83d72c3c7a43f569, cn=NEHA BAID Date: 2021.05.12 20:47:34 +05'30'

Neha Baid Company Secretary Cum Compliance Officer Membership No.: 33753

MAY'21

SAFE HARBOR

This presentation contains statements that contain "forward looking statements" including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to "E2E Networks'' future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, number of risks, uncertainties and other unknown factors could

cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. E2E Networks undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.

INDEX

E2E overview

Pricing comparison with Peers Additional Region and New Products and Features Launched/planned to be Launched Impact of Recent Events Snapshot of Financials and Strategy

E2E overview

E2E Overview

E2E Overview
Description*	Rs incrs
Equity share Capital	14.4
Net Worth1	23.6	in India
1

1 Includes Equity share capital plus Reserve & Surplus

Shareholding Pattern*

Promoter &Promoter Group
Public	41.5%
*As on 31stMar'21

Established in 2009, E2E Networks

• Is amongst largest Indian Public Cloud Companies in India
• Has Fully Owned Compute Infrastructure and Core Technology Stack.
• Our Cloud provides Cloud GPUs, Object & Block Storage, Smart Dedicated, Compute and Memory Intensive Linux/Windows Cloud Instances, Cloud Load Balancers with Autoscale, DBaaS (Database as a Service) amongst others
• Predictable Pricing, More than 1500 active Customers 58.5%

E2E BENEFITS

E2E CLOUD INFRA PLATFORM: FOCUS AREAS

Pricing comparison with Peers

Description	E2E	GCP	AWS	Digital Ocean	Azure
Plan Type	M.60GB	n1-standard-8	Linux on m6g.2xlarge	Memory-Optimized	B16MS
vCPU	12	8	8	8	16
RAM	60 GB	30 GB	32 GB	64 GB	64 GB
Storage	450 GB	2 x 375 GB	EBS only	600 GB	128 GB
Price Per Month	Rs 4,745	Rs 20,783	Rs 16,863	Rs 31,755	Rs 35,025
Price Per Hour	Rs 6.5	Rs 28.47	Rs 23.1	Rs 43.5	Rs 47.98
Source	https://www.e2enetworks.com/memory-intensive-computing-ssd-series-m	https://cloud.google.com/compute/all-pricing	https://aws.amazon.com/ec2/pricing	https://digitalocean.com/pricing/	https://azure.microsoft.com/en-in/pricing

Note:

• ₹ Price per Month and Per Hour has been rounded for ease of representation

GPU CLOUD @ E2E NETWORKS

One Click vDWS/VCS via VGPU

Billing

60 Second NGC currently via CLI Hourly/Monthly

Ongoing integration with NGC for One Click

GPU A100COST	COMPARISON	E2E COSTOFVS	PEERS
Description	E2E	Oracle	GCP
Plan Type	GDC.A100-16.115GB	VM.GPU4.1	e2-highmem-16
vCPU	16	14	16
RAM	115GB	224 GB	128 GB
GPU Memory	40GB	40 GB	40 GB
Storage	1500 GB SSD	-	1500 GB
Price Per Month	Rs 75,000	Rs 1,66,988	Rs 2,02,262
Price Per Hour	Rs 170	Rs 228.75	Rs 277
Source	https://www.e2enetworks.com/nvidia-a100/	https://www.oracle.com/in/cloud/partners/gpu.html	https://cloud.google.com/compute/vm-instance-pricing

Note:

• ₹ Price per Month and Per Hour has been rounded for ease of representation

GPU V100 COST COMPARISON OF E2E COST VS PEERS

Description	E2E	GCP	AWS	Azure
Plan Type	GPU.V100-8.120GB	e2-highmem-16 + V100	p3.2xlarge	NC6s_v3
vCPU	8	16	8	12
RAM	120	128	61	112
GPU Memory	32 GB	16 GB	16 GB	32GB
Storage	900 GB	900GB	Extra charges	736 GB
Price Per Month	Rs 50,000	Rs 1,77,937	Rs 1,67,535	Rs 2,79,225
			Rs 229.5	Rs 382.5
Price Per Hour	Rs 100	Rs 243.75

Note:

• ₹ Price per Month and Per Hour has been rounded for ease of representation

GPU T4COST	COMPARISONOF	E2E COSTVS	PEERS
Description	E2E	AWS	GCP
Plan Type	GDC.T4-12.50GB	g4dn.2xlarge	n1-highmem-8
vCPU	12	8	8
RAM	50	32	52
GPU Memory	16	16	16
Storage	900 GB	225 GB	900 GB
Price Per Month	Rs 17,500	Rs 41,172	Rs 47,752
Price Per Hour	Rs 30	Rs 56.4	Rs 65.41
Source	https://www.e2enetworks.com/gpu	https://aws.amazon.com/ec2/instance-types	https://cloud.google.com/compute/gpus-pricing

Note:

• ₹ Price per Month and Per Hour has been rounded for ease of representation

Additional Region and New Products and Features Launched/planned to be Launched

NEW ZONE & PRODUCT/FEATURES ADDED RECENTLY

PRODUCTS/FEATURES TO BE ADDED

• Virtual Private Cloud will allow customers to have their deployments in a fully isolated internal network.
• It will enable logical network separation of customer deployments

• Upcoming compute series with the latest generation processors for compute intensive deployments.
• Supports Block Storage, Live Snapshots, Quick Recovery

M3 Series*

• Upcoming compute series with the latest generation processors for memory intensive deployments.
• Supports Block Storage, Live Snapshots, Quick Recovery

* Expected to be launched in FY 21-22

Impact of Recent Events

COVID/LOCKDOWN IMPACT ON BUSINESS

Supply Chain Disruptions

Hardware Supply Chain continues to be disrupted in general due to local lockdowns

Price Volatility continues to impact procurement prices for various memory and storage hardware

Work From Home

Most Teams including sales are working from home currently and using online meetings to interact with each other and customers.

New Products/ Features

New products / features launches impacted as priority is to service existing needs fully.

Snapshot of Financials and Strategy

• OUR APPROACH TO GROWTH E2E continued effort to build a superior Public Cloud Product is seeing traction with: o Significant number of self-service customers added in last few months o Sales effort seeing momentum with gross new additions every month

*Provisional number

PROFIT & LOSS

PROFIT& LOSS
INR Lakhs	H1 (April'19 to	FY 19-20H2 (Oct'19 to	Full Year (Apr'19	H1 (April'20 to	FY 20-21H2 (Oct'20 to	YTD (Apr'20 to
	Sep'19) 1	Mar'20) 2	to Mar'20) 3	Sep'20) 1	2Mar'21	3Mar'21)
Revenue	1,237.0	1,272.6	2,509.6	1,542.4	1,987.9	3,530.3
Other Income	164.9	56.6	221.5	51.6	43.9	95.5
Total Revenues*	1,401.9	1,329.2	2,731.1	1,594.0	2,031.8	3,625.8
Purchase of services	554.4	538.9	1,093.3	608.0	665.1	1,273.0
Employee benefits expense	542.5	509.2	1,051.7	425.3	428.8	854.1
Other OpexTotal expenses	236.91,333.8	248.31,296.4	485.22,630.2	149.41,182.6	165.51,259.4	314.92,442.0
EBITDA*	68.1	32.9	100.9	411.4	772.4
EBITDA %	4.9%	2.5%	3.7%	25.8%	38.0%	1,183.832.6%
Depreciation	467.4	546.7	1,014.1	402.8	837.8	1,240.6
EBIT*	(399.4)	(513.8)	(913.2)	8.6	(65.4)	(56.8)
Interest expense**	8.1	10.1	18.2	16.5	39.5	56.0
PBT	(407.5)	(523.9)	(931.4)	(7.9)	(104.9)	(112.8)
Tax	3.7	0.2	3.9	0.2	(0.2)	-
PAT	(411.2)	(524.1)	(935.3)	(8.1)	(104.7)	(112.8)
Includes Other income* Includes payment gateway charges1Limited reviewed2Second half figure is balancing figure between full year audited figure and first half published figure3Audited

BALANCESHEETAS	AT
INR Lakhs	Sep'19 1	Mar'20 2	Sep'20 1	2March'21
Share Capital	1,429	1,429	1,438	1,442
Net worth3	2,955	2,438	2,445	2,360
Payables	209	171	180	216
Other Liabilities	270	224	345	706
Total Equity & Liabilities	3,434	2,832	2,970	3,282
	5,680	5,638	6,514	7,515
	1,306	961	1,654	2,165
	41	68	47	34
	1,568	1,241	746	519
Gross Fixed AssetsNet Fixed AssetsTrade receivablesCash and Cash EquivalentsOther Assets	519	562	522	564

Includes Equity share capital plus Reserve & Surplus

BUSINESS STRATEGY AND FOCUS

Building Capabilities

• Our plan is to improve our Cloud capabilities in the areas of :- Autoscale with Load Balancing and

  • DBaaS,

  • Quick Healing Compute Instances

• Focusing on SME and high velocity startups by building process driven Sales
• Scaling technology driven marketing & sales organization to capitalize on huge market opportunity

WELL POSITIONED TO CAPITALIZE ON FUTURE OPPORTUNITIES

Large Addressable Market Opportunity in Indian Cloud

• 1 • End-user spending on public cloud services in India is expected to total $4.4 billion in 2021, according to the latest forecast from Gartner published on April 29, 2021 • As compared to 2020, end user spending on public cloud will grow 31.4% in 2021 • E2E product offering stands-out given the significant advantages in terms of homegrown software defined infrastructure capabilities • Stronger product enables us to acquire customers with bigger LTV

Product Capabilities

• 2

Focus : Cloud GPU workloads

• AI/ML/DL & Inference for NLP and Computer Vision 3
  • Visual Computing Cloud Workstations

Partnerships: Intel ,NVIDIA and Others

• Member of Intel cloud builders' program with early access to Intel's roadmap
• Partnering with NVIDIA for gaining visibility into the AI/ML and predictive analytics ecosystems Partnering with KTech CoE Data Science & AI Government of Karnataka (GoK) powered by NASSCOM to Pave Way to an AI driven digital future • Other on-going licensing relationship are with SoftwareOne (LAR for Microsoft ), BitNinja, Cloud Linux Inc, Connectwise, LLC (R1Soft), and through their distribution partners with Softaculous , C Panel and Plesk.