E2E Networks Limited — Investor Presentation 2021

Jan 11, 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- 11.01.2021

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

Digitally signed by NEHA BAID Date: 2021.01.11 18:45:44 +05'30'

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

JAN'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 amongst Peers New Products/ Features added recently Recent events Impact on E2E Financials snapshot and Business strategy

E2E overview

E2E Overview

Rs inDescription*crsEquity share Capital14.4Established in 2009, E2E Networks (among largest Indian Public CloudCompanies in India)-:24.1Net Worth1Built our own Cloud Infra and developed our Technology Stack1Includes Equity share capital plus Reserve & SurplusIPO listing on NSE Emerge in May'2018 received huge response and was subscribedup-to 70 times.Offers wide range of products (GPU's , Object store , Smart dedicated servers, Virtual/dedicate compute nodes, backup plans among others)Most competitive price among its peers, best value in the industryEasy to understand pricing, More than 1500 active CustomersRound the clock operation center (24 X7 data centres operation)Experienced leadership team to spearhead growthShareholding Pattern*Promoters58.7%41.3%Public*As on 31stDec'20	E2E Overview
		< 5>

E2E BENEFITS

E2E CLOUD INFRA PLATFORM: FOCUS AREAS

Description	E2E	GCP	AWS	Digital Ocean	Azure
Plan Type	M.60GB	n1-standard-8	Linux on m4.2xlarge	Memory-Optimized	B16MS
vCPU	12	8	8	8	16
RAM	60	30	32	64	64
Storage	450 GB	2 x 375 GB	EBS only	600 GB	128 GB
Price Per Month	Rs 4,745	Rs 20,783	Rs 21,404	Rs 31,025	Rs 32,120
Price Per Hour	Rs 6.5	Rs 28.47	Rs 29.32	Rs 42.5	Rs 44
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

New Features /Products added recently

PRODUCTS FEATURES ADDED/TO BE ADDED

*Expected date of launch FY 20-21 or beyond

GPU CLOUD @ E2E NETWORKS

Visual Computing

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.A100-16.120GB	VM.GPU4.1	e2-highmem-16
vCPU	16	14	16
RAM	120GB	224 GB	128 GB
GPU Memory	40GB	40 GB	40 GB
Storage	1500 GB SSD	-	1500 GB
Price Per Month	Rs 75,000	Rs 1,63,060	Rs 2,28,600
Price Per Hour	Rs 170	Rs 223.37	Rs 313
Source	https://www.e2enetworks.com/gpu	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	n1-custom-12-65536	p3.2xlarge	NC6s_v3
vCPU	8	12	8	6
RAM	120	64	61	112
GPU Memory	32 GB	16 GB	16 GB	16 GB
Storage	900 GB	1125 GB	Extra charges	736 GB
Price Per Month	Rs 50,000	Rs 1,21,739	Rs 1,63,615	Rs 2,55,500
Price Per Hour	Rs 100	Rs 166.8	Rs 224.1	Rs 350
Source	https://www.e2enetworks.com/gpu	https://cloud.google.com/compute/gpus-pricing	https://aws.amazon.com/ec2/instance-types/p3/	https://azure.microsoft.com/en-in/pricing

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	GPU.T4	g4dn.2xlarge	n1-highmem-8
vCPU	12	8	8
RAM	50	32	52
GPU Memory	16	16	16
Storage	900 GB	225 GB	1125 GB
Price Per Month	Rs 17,500	Rs 40,150	Rs 44,895
Price Per Hour	Rs 30	Rs 55	Rs 61.5
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

Recent events Impact on E2E

COVID/LOCKDOWN IMPACT ON BUSINESS

Supply Chain Disruptions

• Hardware Supply chain was impacted due to general shut down in logistics.
• There has been price volatility and delays in Procurement, Delivery of Servers & Equipment's.

Work From Home

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

Customer Sentiment

Existing Customers and Prospective Customers have a cost savings focus, this results in revenue contraction of existing customers, some logo churn and increased traction in new customer acquisition

New Products/ Features

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

Financials snapshot & business 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

• Prepaid Cloud Infra Credits not utilized at end of every month have been adjusted with monthly revenue and Previous month numbers have also been adjusted to make it comparable with current period numbers

PROFIT & LOSS

PROFIT& LOSS
INR Lakhs		FY 19-20			FY 20-21
	H1 (April'19 toSep'19) 1	H2 (Oct'19 toMar'20) 2	Full Year (Apr'19to Mar'20) 3	H1 (April'20 toSep'20) 1	Q3 (Oct'20 to4Dec'20)	YTD (Apr'20 to4Dec'20)
Revenue	1,237.0	1,272.6	2,509.6	1,542.4	978.1	2,520.5
Other Income	164.9	56.6	221.5	51.6	29.6	81.2
Total Revenues*	1,401.9	1,329.2	2,731.1	1,594.0	1,007.8	2,601.8
Purchase of services	554.4	538.9	1,093.3	608.0	323.4	931.3
Employee benefits expense	542.5	509.2	1,051.7	425.3	210.1	635.3
Other Opex	236.9	248.3	485.2	149.4	101.9	251.3
Total expenses	1,333.8	1,296.4	2,630.2	1,182.6	635.3	1,818.0
EBITDA*	68.1	32.9	100.9	411.4	372.4	783.8
EBITDA %	4.9%	2.5%	3.7%	25.8%	37.0%	30.1%
Depreciation	467.4	546.7	1,014.1	402.8	388.0	790.8
EBIT*	(399.4)	(513.8)	(913.2)	8.6	(15.5)	(7.0)
Interest expense**	8.1	10.1	18.2	16.5	15.8	32.3
PBT	(407.5)	(523.9)	(931.4)	(7.9)	(31.3)	(39.3)
Tax	3.7	0.2	3.9	0.2	-	0.2
PAT	(411.2)	(524.1)	(935.3)	(8.1)	(31.3)	(39.5)
Includes Other income* Includes payment gateway charges1Limited reviewed2Second half figure is balancing figure between full year audited figure and first half published figure3Audited

4 Unaudited

INR Lakhs	Sep'19 1	Mar'20 2	Sep'20 1	Dec'20 3
Share Capital	1,429	1,429	1,438	1,438
Networth4	2,955	2,438	2,445	2,415
Payables	209	171	180	219
Other Liabilities	270	224	345	747
Total Equity & Liabilities	3,434	2,832	2,970	3,381
Gross Fixed Assets	5,680	5,638	6,514	7,428
	1,306	961	1,654	2,172
Net Fixed AssetsTrade receivables	41	68	47	41
Cash and Cash Equivalents	1,568	1,241	746	590
Other Assets	519	562	522	578

BUSINESS STRATEGY AND FOCUS

Products with greater flexibility for usage

• Interfaces on how to use infra including usage for short-term say using Jupyter Notebooks with GPU Kernels
• Flexible Payments, Commitment Period, Operating Systems, Control Panels

Improving Technical Capabilities

• Build capabilities in terms of important micro-services using VGPU/NGC
• Solution Guides and One Click appliances to drive adoption

Driving growth

• 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 • 64% of the Indian Organizations expect to Increase Demand for Cloud Computing as per International Data Corporation, COVID-19 Impact on IT spending Survey, May 2020 • 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
• Visual Computing Cloud Workstations
• Big Data Workloads based on Apache Spark 3.0, Blazing SQL platforms

Partnerships: Intel ,NVIDIA ,Red Hat 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 • Red Hat CCSP Partnership • 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.

Contact: Investors@e2enetworks.com