www.stl.tech

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May 27, 2020

National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051.

BSE Limited

Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Sub: Intimation of Regional Tech Conference 2020 by Citigroup

Ref.: Scrip ID - STRTECH/ Scrip Code – 532374

Dear Sir/Madam,

We wish to inform that the Company will be participating in Regional Tech Conference 2020 organised by Citigroup. The details are as follows:

Date of Conference	Name	Venue	Type
28/05/2020	Regional Tech Conference 2020	Virtual	One on One

A copy of the Company’s Presentation in this behalf, is enclosed herewith.

Kindly take the above on record.

Thanking you,

Yours faithfully,

For Sterlite Technologies Limited

AMIT VILAS DESHPANDE Digitally signed by AMIT VILAS DESHPANDE DN: c=IN, o=Personal, postalCode=411051, st=MAHARASHTRA, serialNumber=30bd44d206719b30c4ca9c260998783e8162d8f35b846ea24197e94da4189f7b, cn=AMIT VILAS DESHPANDE Date: 2020.05.27 20:44:44 +05'30'

Amit Deshpande

Company Secretary & Corporate General Counsel

Sterlite Technologies Limited Godrej Millennium, 9 Koregoan Road, Pune 411001, Maharashtra, India Registered office: E1, MIDC Industrial Area, Aurangabad - 431 136, Maharashtra, India . CIN - L31300MH2000PLC69261

stl. tech

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Investor Presentation May’20

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Safe Harbour

Certain words and statements in this communication concerning Sterlite Technologies Limited (“the Company”) and its prospects, and other statements relating to the Company’s expected financial position, business strategy, the future development of the Company’s operations and the general economy in India & global markets, are forward looking statements.

Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of the Company, or industry results, to differ materially from those expressed or implied by such forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future.

The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in government policies or regulations of India and, in particular, changes relating to the administration of the Company’s industry, and changes in general economic, business and credit conditions in India.

The information contained in this presentation is only current as of its date and has not been independently verified. No express or implied representation or warranty is made as to, and no reliance should be placed on, the accuracy, fairness or completeness of the information presented or contained in this presentation. None of the Company or any of its affiliates, advisers or representatives accepts any liability whatsoever for any loss howsoever arising from any information presented or contained in this presentation. Please note that the past performance of the Company is not, and should not be considered as, indicative of future results. Furthermore, no person is authorized to give any information or make any representation which is not contained in, or is inconsistent with, this presentation. Any such extraneous or inconsistent information or representation, if given or made, should not be relied upon as having been authorized by or on behalf of the Company.

The Company may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes.

Persons should consult their own financial or tax adviser if in doubt about the treatment of the transaction for themselves

These materials are confidential, are being given solely for your information and for your use, and may not be copied, reproduced or redistributed to any other person in any manner. The distribution of this presentation in certain jurisdictions may be restricted by law. Accordingly, any persons in possession of this presentation should inform themselves about and observe any such restrictions

1 2 3 4 Company The Digital Annexure Overview STL Our Unique STL Networks Strategy Value Proposition Financials Growth Story

Core Business

We build digital networks for our customers

Customer Cloud Large Citizen Telcos Segments Co. Enterprises Networks End-to-End Solutions Optical Fibre FTTx Access Network Connectivity Deployment Network Modernization

End-to-End Solutions

Optical Virtualised Network System Portfolio Offerings Interconnect Access Software Integration Products Products Products Services Unique Glass Preform Fibre & Cables Virtual Network Software Telecom Software Network Design Capabilities Optical Interconnect Radio Access pFTTx Fibre Deployment O&M © 2020-2021 Sterlite Technologies Limited

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Starting from optical fibres
We now build digital networks globally
2019
2017
Semiconductor Grade
2014 Industry 4.0 European Data Centre Community Memberships
2012
Centre for Glass Plant Services IDS Acquisition for Programmable Networks
Optical Fibre
1995 Centre of Smarter Networks
1988 Manufacturing
Excellence
Established in Optical Fibre Plant set up
Aurangabad In Aurangabad in China
Optical Fibre Cable Data Cable
Plant in Silvassa Manufacturing
in Dadra
set up
1993 Telecom Software
2004 in Brazil
Acquisition Acquisition of
2013 Metallurgica vRAN Investment 5G Virtualization and
2015 Bresciana s.p.a., Italy in ASOCS, Israel 5G Radio Partnership
2018
2020
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Our Company in numbers

$736 Mn.

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FY20 REVENUE

India (66%), Europe (22%), China (3%), Rest of world (9%)

GLOBAL PRODUCTION FACILITIES 50m fkm optical fibre capacity

INNOVATION CENTRES Research & Development

GLOBAL FOOTPRINT

358

PATENTS Across the network layer

Zero

WASTE TO LANDFILL Shendra, Rakholi, Dadra

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MANUFACTURING UNITS SALES OFFICES

30+ NATIONALITIES ~3,100 Employees

STL has a comprehensive Portfolio of offerings

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Optical Interconnect Virtualised Access Network Software System Integration
Products Products Services
Products
• Glass Preform • Programmable FTTx • Telecom Billing Operations • Network Design Services
• Optical Fibre • Virtualised Radio Access Software • Fibre Rollout Services
• Optical and Speciality Network • Monetization and • Network Operations &
Cables • RAN Intelligent Controller Engagement Software Mgmt. Services
• Optical Interconnect • RAN Orchestration • Data Centre Network
• Private Enterprise Network
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Our Customer and Case Studies

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Cloud Co.
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Telcos
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to enable

to connect

future applications and immersive content by bringing compute and storage capabilities to the edge

each customer with the latest data applications while ensuring better experience

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Citizen Networks
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to empower

every citizen with high-quality primary connectivity

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Large Enterprises

to create

secure networks for the specialized enterprise use cases

Fast and Future Ready Implementations - Case Studies

30% faster fibre to the home provisioning

Using Yogalite[TM ] Cable with Micro-Module for a leading French Carrier

50% reduction in cabling requirements

Using POWER-Tx[TM] Solution for a Global Cloud Co. to serve high Speed data with power

2x faster rollout for world’s 1[st] Exabyte network

40% cost efficient SDN ready network

Using LEAD360[[TM ]] and FTTx Mantra[[TM]] for leading South Asian Telco

Using LEAD360[[TM ]] and FTTx Using FTTx Mantra[TM] , iCORE[TM] to Mantra[[TM]] for leading provide high-speed broadband in South Asian Telco 4.5 mn homes in Telangana Citizen Telco Networks 35% reduction in Network installation cost Cloud Co. Large modernisation Enterprises

$500 mn multiyear project across 1600 sites to design, execute,
O&M the Indian Naval Network

Using TruRibbon[TM] to serve high capacity data transfer with extremely low latency

3x deployment speed for digital inclusion

Using LEAD 360[TM] approach to connect 7.5 mn people and 4,045 villages in Maharashtra

7x deployment speed in 10k+ Kms OFC network

$350 mn project for creating the world’s largest intrusion-proof network in J&K for Indian Army

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1 2

STL Our Unique Value STL Annexure Strategy Proposition Financials

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Data growth is continuing and accelerating
1.5X Customers
Global Data Traffic
in ZetaByte
Mobile 6x 175
Broadband
4X data usage per sub
4-5 X
1.3x Increase in Customers
Data Traffic
3x growth:
Fixed
4x to 5X
Broadband
2X data usage per sub
47
2X Increase in Connections
2019 2025
3x
Enterprise
data
1.5X data usage per connection
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Source: IDC Global datasphere & Company estimates

In the short term due to COVID19

There may be delay in demand recovery

3G Cycle

4G Cycle

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4G Cycle
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Temporary Pause
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H1 FY21 H2 FY21
Degrowth Growth
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Units: Mn. fkm

The fibre demand is currently in temporary pause at the end of 4G and at the start of 5G network deployment.
After the pause in 2019 & 2020, the fibre demand will start to grow from 2021, much faster than currently anticipated.
• The 5G deployment cycle is expected to be a 8 to 10 year cycle.

Source: CRU

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But in the medium term

This will be the inflection point for data networks industry

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Surge in traffic Surge in cloud
by 30% to 100% demand from
& decrease in enterprise segment
internet speed
Enterprise
applications
demanding low
latency shall push
edge datacenters
Work from Home
leading to higher
Data traffic is
traffic from
residential localities becoming more
symmetric
which shall push
FTTH penetration
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We believe Covid-19 pandemic has accelerated the society transition to broadband & digitization by at least a decade

- MKM Partners

Leading to investment by network creators

Telcos Cloud Co. CAPEX- $200~$250 bn. CAPEX- $100~$120 bn

Telcos to invest heavily in Cloud companies invest in 5G & FTTH developing edge networks and massive data centres

Increasing proportion of • Cloud companies also starting current CAPEX for optical to own transmission network Infrastructure b/w datacenters
5G deployment to continue for 8 to 10 years leading to denser networks
FTTH roll outs continue across the globe

Large Enterprises GLOBAL CAPEX- $300 bn INDIA CAPEX - $1 ~$2 bn.

Large enterprises invest in developing specialized enterprise use cases

Defence in Network Modernisation
Large enterprises PowerGrid, Railways continue to invest in smarter networks

Citizen Networks

INDIA CAPEX - $1 ~$2 bn.

Citizen networks invest in developing digital infrastructure for all

National Broadband Mission to invest $100bn for providing broadband access to villages by 2022
BharatNet Initiative to deploy 3 mn. route km OFC, Fiberisation of towers from 30% to 70%.

Telcos to invest heavily 5G and FTTH

5G FTTH

Chinese Telcos put together plan to spend $25 bn. on 5G
Most of the world (incl. US, UK) have a lot of potential to increase FTTH Penetration. Only few countries (e.g. China, Singapore) have nearly full FTTH reach and reaping its benefits
AT&T sets aside $4bn for network investments
Developing economies like India with very low FTTH penetration, have huge potential for growth, driving fiber demand.
Verizon boosts capex by $400mn

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Live Vs Planned Commercial 5G as of Jan 2020
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FTTH Penetration w.r.t countries

• By 2025, 20% of connections will be 5G

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Working from home is a necessity (to be compared to water or electricity). Government will mandate 5G and super fast fibre universal roll out

- Credit Suisse

46 operators in 24 markets have commercial availability now
76 operators in 39 markets have announced plans to roll out

• 48.3 million 5G subscriber base in China in March 2020*

Operators will invest $1.1 trillion in their networks globally in the next five years and almost 80% (~$800bn) will be in 5G.
reported by 2 of large Chinese carriers, China mobile & China telecom © 2020-2021 Sterlite Technologies Limited

Source: IDATE for FTTH Council Europe, 2019; Company estimates

Cloud companies, large enterprises and citizen networks shall also accelerate their investments

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Cloud Co. Large Enterprises Citizen Networks As COVID-19 impacts Many companies are The UK govt. announced every aspect of our work looking at long-term the $6.5 bn. investment and life, we have seen investments in their in creating gigabit two years' worth of networks, and in some capable broadband in digital transformation in cases, pulling forward March 2020. two months. investment in 5G because of its increased reliability and speeds - Microsoft - Deloitte

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1 2 3 4 Company The Digital STL Our Unique Value STL Annexure Overview Networks Strategy Proposition Financials Growth Story

Our Customer investments are creating a New Generation of Digital Networks

4G Data Network

5G Data Network

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SIGNIFICANT NETWORK CREATION BY TELCOS

Less end points & wireless last mile connectivity

Data Growth (5G, Edge Network creation, FTTH Rollouts and Rural Connectivity) will drive dense and deep fibre networks with multiple end points and low latency

- LARGE SCALE NETWORK CREATION BY NON-TELCOS

Telco Use cases only

Hardware packed together with closed-source software

Hyperscale and Edge data centre build by Cloud companies Government and Private Enterprises – campus connectivity, 4G/5G Intelligent mobility, data centres, IoT, Industry 4.0, Smart grid, E-health, etc. Fibre infra companies and DC colocation companies

OPEN DISAGGREGATED VIRTUALIZED NETWORKS

Open and Software defined networks need Next generation innovation that will enable the entry of new players

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We help our customers capture this opportunity
By Providing End-to-End Solutions
4 Customer Segments
Cloud Large Citizen
Telcos
Trends
Co. Enterprises Networks
SIGNIFICANT NETWORK 4 End-to-end Solutions
CREATION BY TELCOS
LARGE-SCALE NETWORK
CREATION BY CLOUD, Optical Fibre FTTx Access Network
ENTERPRISES & CITIZEN Connectivity Deployment Network Modernization
NETWORKS
• Product suite design • Large scale design • Design for scale, latency, agility • Comprehensive network redesign
• Fibre and cables • Fibre rollout • Rollout, activation • Future readiness
• interconnect • Activation • programmable open • Transport, compute, security
• logistics • Management orchestration
for all network topologies for core networks for fibre access network for enterprise networks
OPEN DISAGGREGATED
VIRTUALIZED NETWORKS 4 Portfolio Offerings
Optical Virtualised Network System
Interconnect Access Software Integration
Products Products Products Services
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These end-to-end solutions have been delivering results

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Faster Fibre provisioning
for a leading French Carrier
30%
Time saving faster installation
5x
More storage space utilisation
1.5 dB
Improved signal strength
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Transformative digital inclusion
connecting 4,045 village in Maharashtra
2x
Deployment speed
Future ready
IP MPLS architecture
Robotics, big data & analytics
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Optical Fibre Connectivity Deployment FTTx Access Network Network Modernization

STL’s strategy is focused to win in this future

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Technology-led E2E
Solutions
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Investment Thesis

Industry leading growth

Key account management, Technology led end to end
1 solutions & ecosystem partnerships
Growth vectors – (Penetration in Telco & Cloud segment, Expansion in Europe, ME & US )

Riding the disruption wave

3 • Developing new technologies to ride the incoming disruption in virtualisation.
Target enterprise segment in 5G network applications

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Absolute EBITDA growth & RoCE expansion

Led by revenue growth & cost reduction
Increase in global optical fibre prices shall directly flow to EBITDA

Completion of Investment Cycle

Free Cash flow shall be available post investment cycle completion in FY22 to reduce debt & distribution to shareholders

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Company The Digital STL Overview Networks Strategy Growth Story

3 4 Our Unique STL Annexure Value Proposition Financials

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Why STL ? – Our unique proposition

Experience, expertise and disrupting for digital networks

25 years of experience in Optical Connectivity Glass Preform | Optical Fibre | Cables | Rollout

Expertise in integration of large-scale digital networks Large complex projects | completing integration

Disrupting with virtual edge technologies Strategic investments | Collaborations | R&D

Driven by technology & purpose

Investing in technology development and adoption

Transforming everyday lives across communities

4 Innovation Labs. | 358 Patents. | Startup-style

Environment | Social | Governance

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25 years of experience in optical connectivity
Optical Fibre Optical Fibre Cable Speciality Cable
Jiangsu Sterlite
Metallurgica
Waluj Shendra Tongguang Fibre Co. Rakholi Sterlite Conduspar Dadra &
Bresciana
Aurangabad Aurangabad Limited Silvassa Parana Nagar Haveli
Dello
India India Haimen-City India Brazil India
Italy
China
Glass Optical Optical
Pure Optical
Preform Fibre Fibre Cable
Silicon Interconnect
(Restricted Players <10) (Limited Players <50) (Cable Manufacturers <200)
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STL’s unique manufacturing capabilities with full vertical integration. Also top 3 integrated fibre producer globally

7 50M 18M GLOBAL FKM OPTICAL FKM OPTICAL PRODUCTION FIBRE FIBRE CABLE FACILITIES CAPACITY CAPACITY

Industry 4.0 standards

Fully automated machinery with robotic operations

Efficient supply chain

Reduced delivery times and SCM cost

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Expertise in integration of complex large-scale digital networks

Network Modernisation

Intrusion Proof Smarter Network

Project NFS: $350 million project for creating the world’s largest intrusionproof smarter network infrastructure in Jammu and Kashmir state of India for the Indian Army

Project Varun: $500 million multiyear project to design, execute, operate & maintain the Indian Naval Digital Network

Completed & moved to O&M

76%

Complete

100%

0% 100%

Transformative digital inclusion

Futuristic SDN ready state wide network

World’s Largest Exabyte Network

Project Mahanet: Connecting 7.5 million people and 4,045 villages in the state of Maharashtra

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74%
0% 100% Complete
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Project T-Fibre: Providing ubiquitous access of high-speed broadband in 4.5 million homes in the state of Telangana

3% 0% 100% Complete

FTTH Roll out: A large scale FTTH roll out for a large Indian telco

1% 0% 100% Complete

Disrupting with virtual edge technologies

Strategic Investments

Strategic Alliances

‘Inside’ Data centre services for serving Global cloud providers, colocation providers and enterprises

STL has been working very STL has been contributing to closely to develop an optical ONAP in fields of transport controller to orchestration and cloud manage and control Voyager management in this domain. and Cassini platforms developed by TIP members.

A developer of open, disruptive and virtualized Radio Access Network (vRAN) solutions, delivering 4G and 5G for serving Enterprise and Telcos

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MIT | IIT-M RUTGERS

Research on innovation Multi-Stage fibre manufacturing process

Strategic Collaborations

A leading innovator in enterprise software, to develop virtual network functions for 5G Access Solutions for vmware converged wireline-wireless technology serving Enterprises and Telcos .

Designs and develops 5G Radio solutions like macro RU VVDN and small cells for Telcos .

STL is working very closely with ORAN to build near real time 5G controllers.

STL has been collaborating continuously in workgroups like VOLTHA, SEBA and ONOS for productization and commercialization of these open platforms..

Next-Gen fibre to improve network performance

Research and accelerate the advancements in 5G

MIT | RUTGERS | IIT

Investing in technology development and adoption

4 Innovations Centres

with world class R&D capabilities

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----- Start of picture text -----

Optic Fibre Optic Fibre
Centre of Excellence, Cable Design Lab,
Aurangabad Silvassa
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Optic Fibre Centre for STL
Cable Design Lab, Smarter Networks, Cloud Lab,
Silvassa Gurugram Ahmedabad
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358 Patents in Optical Connectivity, Network Software & Services and Access solutions

Innovating with Startups, Future Disrupters

Transforming everyday lives across communities

Environment | Social | Governance

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SURE CSR World’s 1 [st]
Packaging Initiatives ZWL Certified
Caring for the environment Enabling millions Driving Sustainability
8k 1.32M 65k
trees saved lives impacted tons diverted from landfill
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tons diverted from landfill spaces

Our Initiatives

5.3k

96%

Education : Smart Nandghars, Digital Empowerment

of our industrial waste does not go into landfill

MT CO2 reduced

5R

Health : Mobile Medical Unit

Reduced

Approach – Recycle, Resuse, Reduce, Refuse, Remove

CO2 emissions significantly

Environment : Jaldoot, Greenbelt

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STL STL
Garv Academy
Innovating for good Skilling for a better future
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Transform

72K

Trained Professionals

rural India (Pilot across 3 states) for digital readiness

Results

10K

Certified Professions

27% increase in internet usage

76.2% women using supplementary education

Academy

training for deployment of future ready networks

50% more usage of Govt. Apps

Empowerment : Jeevan Jyoti

8.7 average user rating

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1 2 3 4 Company The Digital STL Our Unique Value STL Annexure Overview Networks Strategy Proposition Financials Growth Story

Financial Priorities & Governance

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Growth Earnings Capital Allocation
• • • Profitable Organic Drive sustainable EPS Focus on Free Cash Flow Growth growth Generation
• • • EPS accretive strategic Attain earning Sound Leverage D/E< 1 acquisitions objectives across & Working Capital economic cycles management
• Commitment to R&D • •
and Talent ROCE > 25% Stated dividend policy with consistent returns to shareholders

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Delivering sustainable value for shareholders
+23% 727 736 +23% 166
158
113
458
371
77
325
68
FY 16 FY17 FY18 FY19 FY20 FY 16 FY17 FY18 FY19 FY20
Revenue (USD Mn.) EBITDA (USD Mn.)
Consistently
+32% 80 34%
delivered RoCE >20%
30%
67
for last 5 years
48 20% 21% 22%
29
22
FY 16 FY 17 FY 18 FY 19 FY20 FY 16 FY17 FY18 FY19 FY20
PAT (USD Mn.) ROCE
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FY 20 PAT adjusted for exceptional item net of tax

All nos. in USD Mn; 1USD = 70 INR.

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Revenue Split
Customer Segments
Geographical Distribution
Revenues (USD Mn.)
Revenues (USD Mn.)
736
736
2%
9%
3%
25%
22%
23%
325
325
2%
8%
14%
8%
7%
66%
50%
84%
77%
FY16 FY20 FY16 FY20
Telcos Enterprises Citizen Networks Cloud India Europe China RoW
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Stable Order book
1,502
1,434
Order Book Revenue
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1,502
1,434
746 727 736
431 458
371
FY17 FY18 FY19 FY20
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Open Order Book Customer Segment wise

Open Order Book Split

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Enterprises
16%
Telcos
39%
45% 0.3%
Cloud
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Citizen networks
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O&M
25%
75%
Rest
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Open order book is as on 31[st] March 2020

All nos. in USD Mn; 1USD = 70 INR.

Order book spread & inflow

Order Book Spread Order Book Inflow

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~ 857 380
297
~ 571
229
FY21 FY 22 and beyond Q4FY19 Q3FY20 Q4FY20
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Strong RFQ Participation Funnel ~ $ 1,214 Mn.

All nos. in USD Mn; 1USD = 70 INR.

Focus on free cash flow & sound leverage

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281
7
248 24
17
75
60
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Free Cash Flow @ consolidated level USD Mn. Cash Profit after Tax 111 (Increase) / Decrease in working Capital (36) Operating Cash Flow 75 CAPEX (60) Free Cash Flow 14

Net Debt Operating Capex Inorganic Dividend Exceptional Net Debt 31-Mar-19 Cash Flow growth items 31-Mar-20 investments

The business generated free cash flow in FY20

The business is carrying cash & cash equivalents of $ 68 Mn. as on 31[st] Mar’20 (reflecting preparedness for the current uncertain times)

All nos. in USD Mn; 1USD = 70 INR.

FY 20 cash profit after tax adjusted for exceptional item

Abridged financials P&L (USD Mn.) FY19 FY20 Revenue 727 736 EBIDTA 166 158 EBITDA % 23% 21% Depreciation 28 41 EBIT 138 116 Interest 15 32 Exceptional Item 7 PBT 123 77 Tax 40 16 Net Income (After MinorityInterest) 80 62 Net Income Adjusted for exceptional item net of tax 80 67
P&L (USD Mn.) FY19 FY20	Balance Sheet (USD Mn.) FY19 FY20
Revenue 727 736	Net Worth 259 289
EBIDTA 166 158
	Net Debt 248 281
EBITDA % 23% 21%
Depreciation 28 41
	Total 507 570
EBIT 138 116
Interest 15 32	Fixed Assets 337 362
Exceptional Item 7
	Goodwill 15 17
PBT 123 77
Tax 40 16
	Net Working Capital 155 191
Net Income (After MinorityInterest) 80 62
	Total 507 570
Net Income Adjusted for exceptional item net of tax 80 67

All nos. in USD Mn; 1USD = 70 INR.

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1 2 3 4 Company The Digital STL Our Unique Value STL Annexure Overview Networks Strategy Proposition Financials Growth Story

Strong corporate governance

Independent Directors on the Board of STL

Kumud Srinivasan

(Non-Executive & Independent Director)

VP and Director of Non-Volatile Fab Manufacturing and Automation Systems at Intel Corporation
Has spent 30 years at Intel in US, leading multiple global functions, prominent ones being R&D for technology manufacturing, industrial automation and IoT for manufacturing facilities
She served as the President of Intel India from 2012 to 2016

A. R. Narayanaswamy

(Non-Executive & Independent Director)

Chartered Accountant & Management Consultant with over 35 years of industry experience
Member of The Institute of Chartered Accountants of India
Provides consulting services in accounting, financial management and information technology across several industry verticals

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Sandip Das

(Non-Executive & Independent Director)

One of Asia’s most respected telecommunications professionals and an acclaimed Chief Executive
Ex-MD of Reliance Jio, Group-CEO, Maxis Communications and Hutchison Essar Telecom (now Vodafone), India
One of the founding members of private telephony in India and was part of the group of individuals that founded Hutchison Max Telecom in 1994

Arun Todarwal

(Non-Executive & Independent Director)

Partner of Todarwal & Todarwal, a Mumbai based firm of Chartered Accountants
Member of The Institute of Chartered Accountants of India
Has rich and varied experience spanning over three decades in management consultancy, finance and audit

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Corporate Structure & Shareholding Pattern
Corporate structure Shareholding pattern
Only Material Subsidiaries are disclosed Source: Company information; Karvy Shareholding Services; Data as of Mar 31st, 2020
Volcan Public
investments shareholders
22.7%
53.7% 46.3%
100% 35.8%
53.6%
Vedanta
54.0%
Resources Plc.
14.2%
Sterlite Technologies
10.6%
Limited 9.1%
58.0% 75.0%
Brazil JV 100% 100% China JV Promoters & Promoter Group
Institutional Holding
Non Institutional Holding
Impact Data Solutions (IDS) Metallurgica Bresciana
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Our Values

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STL Leadership

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Dr. Anand Agarwal is the Group CEO of STL and is passionate about driving technological advancement to impact everyday lives. Recognising the exponential growth in data consumption and shifts in the global technology landscape, Anand has navigated STL from an optical

connectivity company to a global leader in end-to-end data network solutions.

Anand is driving STL as an industry leading integrator of data networks with core capabilities in optical connectivity, radio engineering and networking software. Anand was honoured with the prestigious ‘Broadband Infrastructure Leader Award’ in 2016 and “Pathbreaker of the Year” in 2019 for transforming India’s digital infrastructure at the Telecom Leadership Forum.

A PhD in Materials Engineering from Rensselaer Polytechnic Institute and B.Tech from IIT Kanpur, Anand is a hands-on technologist on advanced photonics and programmable networks. He is a firm believer in empowering and transforming lives through innovations in technology.

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@anandagarwal2

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@anand1agarwal

Led by an Executive Team with extensive Experiences

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Thank You

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beyond tomorrow

AI assistant

Sterlite Technologies Limited. — Investor Presentation 2020

59411_rns_2020-05-27_46424c8c-f167-4d08-8325-be2c761fe978.pdf

May 27, 2020

BSE Limited

Sub: Intimation of Regional Tech Conference 2020 by Citigroup

Ref.: Scrip ID - STRTECH/ Scrip Code – 532374

For Sterlite Technologies Limited

Amit Deshpande

Investor Presentation May’20

Safe Harbour

We build digital networks for our customers

Our Company in numbers

$736 Mn.

FY20 REVENUE

STL has a comprehensive Portfolio of offerings

Our Customer and Case Studies

Large Enterprises

Fast and Future Ready Implementations - Case Studies

In the short term due to COVID19

There may be delay in demand recovery

But in the medium term

This will be the inflection point for data networks industry

Leading to investment by network creators

Telcos to invest heavily in Cloud companies invest in 5G & FTTH developing edge networks and massive data centres

Citizen Networks

Citizen networks invest in developing digital infrastructure for all

Telcos to invest heavily 5G and FTTH

5G FTTH

FTTH Penetration w.r.t countries

• By 2025, 20% of connections will be 5G

- Credit Suisse

• 48.3 million 5G subscriber base in China in March 2020*

Cloud companies, large enterprises and citizen networks shall also accelerate their investments

Our Customer investments are creating a New Generation of Digital Networks

5G Data Network

SIGNIFICANT NETWORK CREATION BY TELCOS

- LARGE SCALE NETWORK CREATION BY NON-TELCOS

OPEN DISAGGREGATED VIRTUALIZED NETWORKS

These end-to-end solutions have been delivering results

STL’s strategy is focused to win in this future

Investment Thesis

Industry leading growth

Riding the disruption wave

Absolute EBITDA growth & RoCE expansion

Completion of Investment Cycle

Why STL ? – Our unique proposition

Experience, expertise and disrupting for digital networks

25 years of experience in Optical Connectivity Glass Preform | Optical Fibre | Cables | Rollout

Expertise in integration of large-scale digital networks Large complex projects | completing integration

Disrupting with virtual edge technologies Strategic investments | Collaborations | R&D

Driven by technology & purpose

Investing in technology development and adoption

Transforming everyday lives across communities

STL’s unique manufacturing capabilities with full vertical integration. Also top 3 integrated fibre producer globally

Industry 4.0 standards

Efficient supply chain

Expertise in integration of complex large-scale digital networks

Transformative digital inclusion

Project Mahanet: Connecting 7.5 million people and 4,045 villages in the state of Maharashtra

Disrupting with virtual edge technologies

Strategic Investments

Strategic Alliances

MIT | IIT-M RUTGERS

Strategic Collaborations

Investing in technology development and adoption

4 Innovations Centres

Innovating with Startups, Future Disrupters

Transforming everyday lives across communities

Environment | Social | Governance

Our Initiatives

5.3k

96%

5R

Reduced

Transform

72K

Results

10K

Academy

Sterlite Technologies Limited. Investor Presentation 2020