Ref no.: EI L/SEC/2023-24/51

26.09.2023

The Secretary	The Secretary
The Calcutta Stock Exchange Limited	BSE Limited
7 Lyons Range	Phiroze Jeejeebhoy Towers
Kolkata -700 001	Dalal Street, Mumbai -400 001
CSE Scrip Code: 15060 & 10015060	BSE Scrip Code: 500086
The Secretary	-
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor,
Plot no. C/1, G Block
Bandra-Kurla Complex, Bandra (E),
Mumbai -400 051
NSE Symbol: EXIDEIND

Sub: Investor Plant visit

Dear Sir/Madam,

With reference to our letter dated 22nd September 2023, pertaining to investors visiting the plant site on 26th September 2023, we are enclosing herewith the presentation based on which discussion will be carried out during the plant visit.

This communication 1s also being uploaded on the website of the Company at www.exideindustries.com.

No Unpublished Price Sensitive Information (UPSI) will be shared during the meet.

We request you to kindly take the same on record and acknowledge receipt

Thanking you.

Yours faithfully, For Exide Industries Limited

JITENDRA KUMAR MOHAN LAL Digitally signed by JITENDRA KUMAR MOHAN LAL Date: 2023.09.26 09:59:45 +05'30'

Jitendra Kumar Company Secretary and President- Legal & Corporate Affairs ACS No. 11159

Encl: Investor Presentation

Exide Industries Ltd.– Green Technology Solutions

September 2023

Exide Industries: A Brief Snapshot

Exide Industries at a snapshot

75+ Years of Operations in India

Presence in 60+ Countries

5,200+ Employees

06 Overseas Technical Collaborations

10 Manufacturing Plants

54 million Automotive Batteries produced p.a.

5.8 billion AH of Industrial Power Supply p.a.

252 KMT per annum Capacity of Three Lead Recycling Plants

Rs.22,500 crore+* Market Capitalization

Rs.14,500 crore+ Revenues

Rs.1,500 crore+ EBITDA

Rs.900 crore+ PAT

Comprehensive product portfolio serving multiple applications

We manufacture batteries for multiple applications in automotive sector

H-UPS

2-Wheeler

Wide range: 2.5 Ah for 2-wheelers to 260 Ah for Nonvehicular
Wide range of warranty period: 12 months to 77 months (flat + pro-rata)

We are a reliable power solution provider for all industrial applications

Industrial batteries range: 7 Ah to 3200 Ah for multiple applications
Other application areas: Batteries for submarines

Consistent financial performance over the years

844 826 758 765 904 FY19 FY20 FY21 FY22 FY23 Profit after tax (Rs. Cr.)

Strategic initiatives to boost sales and control costs enabled company to deliver consistent performance
Healthy profit generation despite tough macro environment in past few years
1. Except for short-term borrowing for overseas equipment purchases @ 1-2% interest availed during FY15-FY17, Profits exclude exceptional items
Generated positive cash flows for last 10+ years
Zero debt company since 20111

Green Technology Solutions: Lithium-ion Cells & Batteries

7

India's electrification demand expected to be 150GWh by 2030

Lithium-ion demand (GWh) in India by 2030

Market adoption drivers across user segments

2W & 3W: Personal, B2B, e-commerce
4W: Personal, taxi fleet, city buses
CV: Last mile connectivity, increasing demand from construction and infrastructure sectors
Renewables: Increased Government focus, surging demand for gird/off grid storage for renewable
Telecom: 5G roll-out by telecom companies
Data centers: Large expansion plans of IT sector companies

Exide is ahead of the curve in its lithium-ion foray

Manufacturing plant in Bengaluru, Karnataka
12 GWh capacity in two phases

*Note: Scheme of amalgamation between Exide Energy Private Ltd. and Exide Energy Solution Ltd has been approved by Board of Directors of both the companies. Post approval from NCLT, EEPL will be amalgamated into EESL.

• 1.5 GWh capacity

Our lithium-ion cells and batteries manufacturing facilities

Facility 1 in Prantij, Gujarat

Existing land : 56,680m2
Built-up area : 9,528m2

Li-ion Module and Pack Assembly Lines

Pouch/Prismatic/Cylindrical cell to submodule
Sub module to module
Cell testing lab
Prototype and pilot line

Facility 2 in Bengaluru (upcoming)

Area: 325,000 m2
Total investment: Rs.6,000 crore

Li-ion cell manufacturing and packs & module facility

Phase I – 6 GWh (2025)

NCM: 3 GWh
LFP : 3 GWh
Phase II 6 GWh

Engineering and R&D Facility in Bengaluru

Nexcharge product portfolio for key transportation and industrial applications

Nexcharge has strong technical capabilities to cater to diverse customer specifications

Our strong technical expertise ….

Deep design capability: providing energy density, thermal stability and functionality

In-house competency: Ability to customise as per customer specifications

Quality manufacturing: Automated process for compliance with high standards

Economies of scale: High scale processes at competitive costs

…can provide solutions across verticals

Transportation

2-wheelers
3-wheelers
Passenger vehicles
Commercial vehicles etc.

Industrial & Utility

Commercial & Industrial
Renewable integration
Telecom
UPS & data centers etc.

• Order book of Rs.600-700 crore as on 31st March 23 to be executed in next 12-15 months

Exide is in advance stages of setting lithium-ion cell manufacturing facility

Multi-year technical collaboration for liion cell technology
Support for setting the plant on a turnkey basis
Leading li-ion cell manufacturer
Headquartered in China
~3000 team members and ~500 experts in Liion battery R&D

Technical collaboration with SVolt Wholly owned subsidiary Exide Energy Solutions Limited

Multi-gigawatt green field project for li-ion cell manufacturing
Offer complete end to end solution: from cell to system, from molecule to megawatt

4 lines being planned for Phase 1 capacity of 6 GWh

Cylindrical Cells – 4.2Ah & 5Ah

Radial Prismatic Cells – 106Ah, 157 Ah & 228Ah

Our competitive edge and value proposition

End-to-end "Cell to Pack" product portfolio

Multiple chemistries/form factors
Customizable module/pack solutions
Indigenous BMS solution
Joint product development integrated with New product Development cycle

Backed by SVOLT's world class technology & quality

Tech partnership with global li-ion cell player
Industrial leading thermal stability
Automated robotic assembly
Robust Quality check test points within manufacturing process

High focus on offering competitive costing Scalable operations to meet customer

Strategic long term raw material sourcing partnerships to improve product costing
Manufacturing efficiencies through automation & technology deployment

needs

State-of-the-art manufacturing plant planned with multiple production lines
Potential access to strong dealer network for charging and after-sales market support

Particulars	Progress
Organization	•Recruitment of top tier team comprising experienced and senior personnel to supportproject execution and delivery has been completed
Funding	•Mix of internal accruals and loan financing•Recently secured banking credit line for project financing
ProjectConstruction	•Key approvals obtained; on-ground construction works progressing as per the plan•Selection and order placement for equipments under progress
Technology	•Jointly working with SVOLT to achieve key milestones across workstreams•R&D members training with SVOLT team is underway
Supply Chain	•Identification and onboarding of local and international suppliers under progress
Volume Off-take	•Active customer engagement across mobility and stationary applications

Onsite construction works going on in full swing

Lithium-ion cell manufacturing facility – Final View

Administrative building Cell-manufacturing plant

Our readiness in the emerging EV battery space

Click here for the video

Disclaimer

In this document, we have disclosed forward-looking information to enable analysts and investors comprehend our prospects and take investment decisions. This document and other statements–written and oral–that we periodically make, contain forward-looking statements that set out anticipated results based on the management's plans and assumptions. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in our assumptions.

The achievements of results are subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. We undertake no obligation to publicly update any forwardlooking statement or comparative assessments, whether as a result of any new information, future events or otherwise.

We accept no responsibility for any loss and/or damages, risks and/or liabilities, which may be incurred and/or suffered by any investor on account of or arising from the use of the information by investors. We make no warranties of any kind, whether express or implied, as to the adequacy of such information for any intended purpose of the investors.

THANK YOU!

Investor Contact

Chhavi Agarwal, CFA Head- Investor Relations & Sustainability E-mail: [email protected]