RENAISSANCE GLOBAL LIMITED — Capital/Financing Update 2021

Jul 5, 2021

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Ref. No.: RGL/S&L/2021/106

July 05, 2021

Bombay Stock Exchange Limited National Stock Exchange of India Ltd. Listing Department Exchange Plaza, Plot no. C/1, Phiroze Jeejeebhoy Towers G Block, Bandra Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai – 400 001 Mumbai - 400 051

Sub: Update on Direct-to-Consumer Business.

Dear Sir

We are enclosing herewith the update on Direct-to-consumer business for the purpose of updating our investors.

The aforesaid information is also being uploaded on the website of the Company at www.renaissanceglobal.com

You are requested to take the same on record.

Thanking you,

For Renaissance Global Limited

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G. M. Walavalkar VP – Legal & Company Secretary Encl: as above

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Renaissance Global Limited – Q1 FY22 Direct-to-Consumer Business Update

Mumbai, July 05, 2021: Renaissance Global Limited currently runs six direct-to-consumer websites which have been launched over the last five quarters. Please find below a link to each of our six websites:-

• https://www.enchantedfinejewelry.com/

• https://enchantedfinejewelry.co.uk/

• https://starwarsfinejewelry.com/

• https://www.hallmarkdiamondscollection.com/

• https://www.jewelili.com/

• https://diamondsmadeforyou.com/

During Q1 FY22, our direct-to-consumer business posted revenues of ₹ 25 crores while in Q1 FY21 our direct-to-consumer revenues stood at ₹ 5.7 crores. Based on our estimates of a quarter’s contribution to annual sales, our annual revenue run rate is at ₹ 124.8 crores in Q1 FY22 vs. actual FY21 revenues of ₹ 64.9 crores.

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The Direct-to-consumer business is a high EBITDA margin business with margins in the range of 20-22%. With the growing share of our direct-to-consumer revenues to total revenues we believe our EBITDA margins will show an improving trend. We further plan to strengthen our direct-to-consumer business with the launch of websites for Disney Jewels in FY22.

About Renaissance Global Limited:

Renaissance Global Limited is an integrated global jeweller y company focused on designing, manufacturing and distribution of customer and licensed branded jewellery. We distribute our jewellery through a mix of Business-to-Business (B2B) and Direct-to-Consumer (D2C) channels. Our B2B division has been supplying jewellery to some of the lar gest global retailers since the past 20 years. Under our Branded business umbrella, we hold exclusive licenses from cherished consumer brands like Disney and Hallmark. Our D2C business is currently run through six D2C websites selling licensed and own brands directly to the retail consumer. Our end to end capabilities make us a dominant player in the jewellery industry with a significant competitive advantage. We aim to create value by being an omni-channel player with a valuable bouquet of licensed and own brands.