www.stl.tech

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September 17, 2021

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: Outcome of Analyst/ Institutional Investor Meeting

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

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you the outcome of Investor Meet held as detailed below :-

Date	Name of the analyst / Institutional Investor	Venue of the Meeting	Type of the Meeting
Sep 16, 2021	Virtual meeting with Kotak Securities PCG Desk and Clients	virtual Meeting	Group Meeting

The Company’s presentation in this regard is attached herewith.

Kindly take the above on your record & acknowledge the receipt.

Thanking you,

Yours faithfully,

For Sterlite Technologies Limited

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Amit Deshpande

Company Secretary & Corporate General Counsel

Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408

stl. tech

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Investor Presentation Sep.’21

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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 authorised 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.

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Company
Overview
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1 2 3 4 5 Company Digital network STL’s Future Q1 FY’22 STL Annexure overview growth Story unique proposition growth levers updates financials

Core Business

Customer Segments

End-to-End Solutions

Portfolio Offerings

Unique Capabilities

We Integrate Digital Networks for Our Customers

Cloud Citizen Large Companies Networks Enterprises

Telcos

Optical Wireless FTTx Network Connectivity Solution Integration

Optical Interconnect Products

System Integration Services

Virtualised Access Products

Network Software Products

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Network Design Services
Glass Preform
Digital BSS Platforms
Programmable FTTx
• Virtualised RAN
Network Integration Services
Optical Fibre
Network Operations Platforms
- Network O&M Services
Optical and Specialty Cables • RAN Intelligent Controller
• Optical Interconnect Kits Network Orchestrator
Data Centre Network Private Enterprise Network

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With a strong legacy and global capabilities
2021
2019
2017
Optical Fibre European Data Acquisition of Clearcomm, a
2014
Industry 4.0 Centre Services - network Integration
2012 Glass Plant IDS Acquisition company in UK
1988 1995 Started optical Optical Fibre Centre of Excellence Centre for Smarter Networks
fibre unit in
Established as Started Optical Jiangsu, China
a telecom cable Fibre Plant
company
Optical Fibre Cable
Structured Data
Plant Cables Manufacturing
set up
1993 2004 in Brazil Telecom Software
Acquisition
Acquisition of
2013 Metallurgica Bresciana vRAN Investment Acquisition of Optical
s.p.a., Italy ( OFC ) in ASOCS Interconnect Company
2015
Optotec S.p.A Italy
2018
2020
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Our company in numbers

Rs. 48.25 bn.

FY21 Revenue

India (56%), EMEA (37%), America (4%), China (1%), RoW (2%)

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Global production facilities

50M fkm optical fibre capacity

Software Development Centre

GLOBAL FOOTPRINT

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MANUFACTURING UNITS SALES OFFICES

Innovation centres

India and UK System Integration Services

582

Patents

Across the network layers

Zero

Waste to Landfill Shendra, Rakholi, Dadra

30+ Nationalities ~3,100 Employees

Driven by our purpose to transform millions of lives

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SUSTAINABLE
OPERATIONS
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GOVERNED
WITH CARE
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ENVIRONMENTALLY

RESPONSIBLE

Strong internal governance

World’s 1[st] Committed towards ZWL Certified UN Goals**

57% Global Advisory Council led by transformative technology leaders

135,000+ MT

100%

Waste diverted from landfills

Manufacturing locations to be ZWL certified Water positivity globally Sustainable Sourcing

25% diversity

97%

in Independent Directors

Waste recycled and reused

50%, 7,500+ tCO2e

Two of the Big Four

Reduction in carbon footprint

800+ MT

as statutory & internal auditors

Plastic saved through innovative packaging

1.15M+ m3

Executive and management committees for each business in place

3R

Water recycled and reused at STL and replenished in surrounding communities

Approach to reduce, reuse, recycle

Impacting 5 mn lives

ESG Goals Targeting 5 mn by 2025

Undertaking 5 mn plantations
Replenishing 5 mn cubic meters of water in communities

**UNGC – United Nations Global Compact

*All figures are cumulative (up to Q1 FY 22)

TRANSFORMING LIVES

1.64 mn+ lives impacted

3,500+

Rural women empowered

1,400+

Individuals digitally empowered

50

ESG awards, including 7 global, won

With a strong board and leadership team

Independent Directors

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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
Served as the President of Intel India from 2012 to 2016

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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 a part of the group of individuals that founded Hutchison Max Telecom in 1994

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S. Madhavan

(Non-Executive & Independent Director)

Fellow member of institute of chartered accountants of India
Holds directorial positions in top listed companies like HCL technologies, ICICI Bank, UFO Moviez and Transport Corporation of India
Had set up a successful indirect tax practice, which got merged with PWC.
Held leadership positions for over 14 years at PWC and was instrumental in leading tax practice

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B. J Arun

(Non-Executive & Independent Director)

Founded and led multiple successful ventures in silicon valley including California Digital, a Linux-based HPC leader and Librato, a software company
Ex CEO of July Systems - a location-based mobile management platform
Currently the Vice President of Tie Global
Remains dedicated to fostering entrepreneurship in technology community

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1 2 3 4 5 Company Digital network STL’s Future Q1 FY’22 STL Annexure overview growth story unique proposition growth levers updates financials

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Industry evolution from Telecom to Digital
Agriculture
Banking
Geospatial
AR/VR
Healthcare Entertainment
Video
Voice
Digital
-
Connectivity
Content Platform CONSUMER ENTERPRISE
-
Storage
-
Processing
Apps Data - Analytics/AI Security Defense
Content
Gaming Automotive
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Leading to acceleration of digital connectivity

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Global IP Traffic
in Zettabytes
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Internet users

In billions of people

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• 2.2 mn new users
everyday came online
since 2020
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o 3X the adoption rate vs. before

Source: Cisco for Global IP traffic

6.4 bn people

Source : Internet World Stats, for Internet users

In 2015-18, 0.7 mn users came online everyday
Global IP traffic will grow 3X in the next 3-4 years

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With increased capital, including from new investor groups
Telcos and Cloud companies are New capital is coming from PE funds,
increasing their CapEx Governments and Enterprises
Telcos Private Equity
Much higher capex in
2021 and beyond Enterprises
Audi, Ford, BASF invest in private
Cloud
5G
Citizen
Networks
announce global
Data centres
•
UK invests $6.9 bn
expansions
•
India lays out $ 2.4 bn
•
US to spend $65 bn to
allocates $9.2 bn for
“future-proof” connectivity
RDOF
Data centre capex forecast by equipment category
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With increased capital, including from new investor groups

Source : Analysys Mason, IHS Markit, Omdia

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And new technologies becoming mainstream
5G takes FTTx connects O-RAN becomes
center-stage many endpoints mainstream
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Fastest technology to reach 400 mn users, 173 5G commercial networks , 630 kinds of 5G handsets

Fibre to the x: - Home - Enterprise - Tower - Curb

start Major operators trials or deployments , including Verizon, Etisalat, DT, Orange, Telefónica, Vodafone, Airtel and more

Industry experts also recognise the shift

5G Subscribers base is expected to hit 4.4 bn. by 2026
In Europe, FTTH/B subscribers is expected to double in next 6 years to 208 mn
Analysys Mason expects 82% of CSPs to support open interfaces/multi-vendor RAN

Sources: Public News, Industry reports, Analysys Mason, STLpartners, FTTH Council

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5G, FTTx and rural connectivity are driving up the fibre demand

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Optical Fibre Global demand
610
In mn fibre kilometres
588
564
534
499
477
470
2019 2020 2021E 2022E 2023E 2024E 2025E
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5G
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A decade-long digital network creation cycle is here!

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FTTx
Rural
connectivity
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Source: CRU Telecom cables market outlook: estimates in Feb’21

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With an increased TAM, we are well poised to lead this
decade of network creation
Total Addressable Market
$ BN
$40 bn
5 Virtualized Access
5x 3 Network Software
14 System Integration
$ 16 bn
3
$8 bn
5 Optical Solutions
18
7.5 7.5
2015 2018 2021
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5x increase in TAM over the last 5 years Now focused on increasing market share of the higher TAM

Sources: CRU, BCG, Technavio, Grand view research, IHS markit, Omdia, STL estimates

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1 2 3 4 5 Company Digital network STL’s Future Q1 FY’22 STL Annexure overview growth story unique proposition growth levers updates financials

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25 years of experience in optical connectivity
Optical Fibre Optical Fibre Cable Optical Interconnect pFTTx
Jiangsu
Sterlite
Metallurgica Sterlite Optotec
Aurangabad Waluj AurangabadShendraIndia Tongguang Fibre Co. Limited SilvassaRakholi BrescianaDello Conduspar Parana ItalySpA India, US
India India
Italy Brazil
Haimen-City
China
Glass Optical
Pure Optical Optical Programmable
Preform Fibre Cable
Silicon Fibre Interconnect FTTx
(Restricted Players (Cable Manufacturers <200)
(Limited Players <50)
<10)
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STL’s unique manufacturing capabilities with complete vertical integration One of the top 3 integrated fibre producers in the world

42 mn*

8 50 mn 42 mn 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

Plan to reach by 2022

8 facilities include the manufacturing facility for speciality cables in Dadra, India

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Large Scale System Integration expertise
LONGONG HAUL FIBRE NETWORK
Nationwide IN CITY FTTX DEPLOYMENT
for India’s largest telco
NETWORKETWORK MODERNISATIONODERNISATION for India’s telco & UK Gigabit
for Indian Navy network
RURALURAL CONNECTIVITYONNECTIVITY
for states under BharatNet
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LONGONG HAUL FIBRE NETWORK
Nationwide
for India’s largest telco
NETWORKETWORK MODERNISATIONODERNISATION
for Indian Navy
RURALURAL CONNECTIVITYONNECTIVITY
for states under BharatNet
URBAN USE CASES
for smart + safe cities
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DATA CENTER INTERCONNECT
for top hyperscalers
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Robust ecosystem of virtualised access technologies
5G & Access
Solutions
Hardware Virtualisation Radio Software
Zyxel Alpha networks
Academic Alliances Open Networking Standards
MIT | IIT-M RUTGERS
© 2021-2022 Sterlite Technologies Limited
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Put together, an E2E capability to integrate future digital networks

LARGE SCALE NETWORKS SYSTEM INTEGRATION 10 Years Network Design & Integration Solutions

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VIRTUALIZED
OPTICAL
INTERCONNECT WIRELESS
(SOFTWARE, CLOUD)
Digital Network
Integrator
25 years 5 years
Extraordinary track record Strategic alliances and
Globally respected product development
Close to the Edge STL integrates the
EDGE At the Edge
Seamless Wired & Wireless
CONVERGED Optical & Radio technologies
Enhanced Experience
required for the
COMPUTE Connectivity & Compute
Agile, Scalable, Agnostic new-gen digital
DISAGGREGATED Hardware & Software
network
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1 2 3 4 5 Company Digital network STL’s Future Q1 FY’22 STL Annexure overview growth story right to win growth levers updates financials

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Three focused levers for growth

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2
Globalise
SYSTEM INTEGRATION
Take System Integration business
10 yrs of large scale ecosystem integration global and scale in India
Services
1 Grow 3 Build
Software pFTTxOptical Strong Access ORAN
business Solutions
business
OPTICAL WIRELESS
Hardware
25 yrs 5 yrs
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Grow Optical Business
Continued growth in Opticonn market share
140 131 8
124
120 ~6.5% 7
100 6 • STL’s market share grew to
80 5 ~6.5%
60 ~4.5% 4 • Industry optical fibre volume
40 3
grew by 6.3% YoY to 131 mn
20 2 fkm
0 1
Q1 FY21 Q1 FY22
STL OF Market Share OF Global Market ( mn. fkm)
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End-to-end optical solutions from STL

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• STL recorded double digit
revenue growth in optical
interconnect business
• Opticonn penetration has
increased
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Globalise System Integration Business First order in the UK

The UK Market is growing

£5Bn Project gigabit announced

We are capitalising on it

Our first win

Planned home passes in UK (Mn)

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44
36
28
21
13.5
7.5
4
2019 2020 2021 2022 2023 2024 2025
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£12M

▪ with a Partnership leading provider of telecom solutions in the UK

▪ FTTx mantra to connect homes with broadband in London

▪ Project expected to be completed in the current fiscal year

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Globalise System Integration Business Acquisition of Clearcomm, a network specialist in UK

Clearcomm - an overview

Rationale for acquisition

Clearcomm

STL

End-to-end Network integration in the UK
● Fttx Integration Capability

● Optical Connectivity and Network Design expertise

Provider of end-to-end optical network integration services to telcos in the UK
Long-standing relationships with marquee customers and suppliers

● Data Centre Interconnect Capability ● Access to large global customers

● Diversified Vendor Solid platform base and experienced local to grow the team System Integration business in the UK

A decade of strong presence

Financial profile and key facts

Deal contours

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~£20Mn 26%
Revenue (FY20) 3-Year CAGR
~50 UK
Employees Headquarters
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First tranche to be acquired at EV of Enterprise ~ £15.5 mn, representing 100% of Value share capital 80% of share capital to be acquired in Structure first tranche. Balance 20% to be acquired in 2023 Financing Mix of internal accruals and debt

Financial year ending in November

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Build Access Solutions

Successful pilot with Chunghwa; Collaboration with Facebook Connectivity

Successfully completed a proof-of-concept for programmable FTTx software solutions
Collaborating to co-develop general purpose radio units under Evenstar Program
OLT software stack to enable Chunghwa to upgrade its GPON to XGS-PON
STL aims to strengthen its product development, promotion and supply chain through this collaboration

Developing radio unit manufacturing ecosystem in India

Recognized first revenue for Access Solutions in Q1FY’22

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1 2 3 4 5 Company Digital network STL’s Future Q1 FY’22 STL Annexure overview growth story unique proposition growth levers updates financials

Launched an end-to-end access solution: Accellus

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Technology led E2E Solutions

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A wireless solution that bring together micro, macro radio, intelligent controller and orchestrator across CU, DU, RU

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Global recognition

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A leading 5G RAN vendor
An Enabler for enhanced partner ecosystem support in Digital Marketplace
Top 60 Edge computing

companies to watch in 2021 ● Top 100 Tech Challenger

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● Top 10 RAN vendors to watch out for in 2021

Our key account focus is leading to multi-portfolio engagements

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Key Account Management

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Enhanced engagements with current and new accounts resulting in strategic wins

Nurtured existing key accounts

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

Multi-year LOI for fiber
roll out across 10
circles
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Multi-year strategic partnership to help build new UK full-fiber network

Opened doors to new

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Digital transformation
for a leading telco in
Africa
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----- Start of picture text -----

Five year,
multi-million contract for
dual-band and tri-band
radio units
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Increase in participation across Geos with multi-portfolio engagements

Open participation funnel by region (%)

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RoW
5%
Americas
13%
35% India
EMEA 47%
Portfolio engagements in key accounts (%)
Single
40%
portfolio Multi
60%
portfolio
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Portfolio engagements in key accounts (%)

Expanding optical capacity to 42 mn. fkm.

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Alliances & Investments

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Solution Centres at global locations with an investment of Rs. 2 bn.

US Upcoming UK Upcoming New OFC New OFC facility, facility 5G R&D lab Gives us the Strengthens our opportunity to increase our position in Europe and share in ~$2 Bn increases proximity to market customers

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Demand driven expansion (Mn. fKm.)

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9 mn
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42
33
18
Pre FY’22 Q1FY’22 FY’23
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Increased investments in R&D to develop end to end solutions

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New solutions with an annual R&D investment of 3-4% of STL revenue

Alliances & Investments

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Wi-Fi6 Access 5G Multi-Band Garuda Solution Radio

Comprehensive Open RAN (Radio Access O-RAN compliant, highly Network) radio portfolio power efficient indoor 5G with indoor small cell and small cell solution outdoor Macro radio units

An outdoor Wi-Fi 6 radio unit providing carrierclass connectivity in dense environments

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Launched
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Delivered
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----- Start of picture text -----

Launched
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pFTTx

An SDN, cloud-native solution that brings programmability to last mile networks

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

Pilot
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RIC

RAN Intelligent Controller used to optimize the RAN ecosystem using 3[rd] party xApps/rApps

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Development
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With a strong global leadership team to drive next phase of growth

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Claudio
Mega ex-
Stephen Sandeep
Chris Szymanski Optotec Girotra
Rice ex- Prysmian ex- Nokia
ex-AT&T
Leaders & Experts
Keith
Rowley
ex- Flomatic
Sandeep
Srinivas Jitendra Rajesh
Dhingra
Jagdeesan Balakrishnan Gangadhar Technologists
Top Talent & ex-Cisco ex-Altran ex-Corning ex- Sprint
Culture
Virtualised Optical System
Access Interconnect Integration Global team members
200+ 90+ 50+
32
© 2021-2022 Sterlite Technologies Limited
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STL
Financials
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1 2 3 4 5 Company Digital network STL’s Future Q1 FY’22 STL Annexure overview growth story unique proposition growth levers updates financials

Growing order book

Open Order Book (Rs. bn.)

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112
103
Q1 FY21 Q1 FY22
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Open Order Book Customer Segment wise

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

Enterprises
15%
Citizen 56%
29% Telcos
networks
1%
Cloud
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Order Book Spread (Rs. bn.)

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

~ 70
~ 42
9M FY22 FY23 and
Beyond
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Open Order Book Split

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

O&M
23%
77%
Capex
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----- Start of picture text -----

Revenue mix moving to geographies and segments of choice
Key Order Wins Customer Segments Geographical Distribution
Q1 FY22 Revenues (Rs. bn.) Revenues (Rs. bn.)
48 13 48 13
•
Multi-million dollar deal with a
large European telco for
Opticonn
•
Incremental order for Lead
360 from a
large Indian Telco
•
with a
Strategic partnership
leading Telecom solution
provider in UK to connect
homes to broadband by
deploying FTTx Mantra
FY21 Q1 FY22 FY21 Q1 FY22
Telcos Enterprises EMEA America RoW
Citizen Networks Cloud India China
© 2021-2022 Sterlite Technologies Limited
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Project execution running at full-speed
post the pandemic-led challenges of Q1 FY22
Navy’s Network
Modern Optical
Modernisation
Network
Project Varun 95% Fiber roll out 48%
(Indian Navy Project) Completed (Large Indian telco) Completed UK
Gigabit Network
FTTH Now
Transformative Hyperscale Data (UK) Started
Rural digital inclusion Centers
Bharatnet Projects Data Centre Projects in EMEA
92%
Mahanet Completed in Nos. < LY > 82
Completed
27%
T-Fibre in Nos. < CY > 13
Ongoing
Completed
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Q1 FY22 performance has been robust
Revenue (Rs. bn.) EBITDA (Rs. bn.)
14.75 2.73
13.14 13.09 2.38 2.38
11.60 2.12
8.76
1.31
Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22
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PAT (Rs. bn.) 1.24
1.16
0.87
0.58
0.06
Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22
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Optical business continues to grow
Project execution was below normal due to second wave of the Covid-19 pandemic in India.
We expect to go back to QoQ growth momentum from Q2 FY22 onwards.

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With a structure plan to reach Rs. 100 bn. annualised run rate
by Q4 FY’23
Revenue Bridge ( Rs. bn. )
100
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59



	Q1 FY22 Below normal project execution
Annualised run rate at Q4 FY21		*Grow* *Optical* *Connectivity* *Globalise* *System* *Integration*	*Build* *Access* *Solutions* Annualised run rate at Q4 FY23

Financials: Abridged Version

P&L (INR Bn.)	Q1 FY’22	Q4 FY’21	Q1 FY’21
Revenue	13.09	14.75	8.76
EBIDTA	2.38	2.73	1.31
*EBITDA %*	18%	19%	15%
Depreciation	0.70	0.61	0.74
EBIT	1.69	2.12	0.57
Interest	0.49	0.53	0.50
Exceptional Item	0.16
PBT	1.35	1.58	0.07
Tax	0.38	0.50	0.04
Net Income after minority interest	1.16	1.24	0.06

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COVID-19 impacted performance and project execution

Committed to deliver our financial targets

Growth Revenue run rate : Rs. 100 bn. per annum by Q4 FY’23

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Capital Net debt/equity < 0.5 by Q4 FY23 Structure

Returns RoCE >20%

Summary

We are in a decade long network creation cycle driven by 5G, FTTx and rural connectivity programs.

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In the last 5 years, our TAM has increased 5x to $40 bn. Now our focus is to increase our market share in the $40 bn. TAM

Our 3 growth levers of grow optical business, globalise system integration and build access solutions have started delivering results .

We are strengthening our foundational capabilities of E2E solutions, KAM approach, Ecosystem Investments and top talent & culture to expand globally.

We plan to reach Rs. 100 bn. revenue run rate by Q4 FY’23 along with Net debt/equity < 0.5 and RoCE > 20%

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1 2 3 4 5 Company Digital network STL’s Future Q1 FY’22 STL Annexure overview growth story unique proposition growth levers updates financials

Corporate structure and shareholding pattern

Corporate structure

As on June 30th, 2021 Only Subsidiaries that are material are disclosed

Shareholding pattern

Source: Company information; Karvy Shareholding Services; Data as of June 30th, 2021

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29.8%
Non Institutional
z
Holding 54.4%
Promoters and
Promoter Group
15.8%
Institutional
Holding
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*Balance 20% will be acquired over the next few years.

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 @anand1agarwal

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Executive Leadership Team

Ankit Agarwal Executive Director Ankit is driving strategic growth roadmap for STL. Formerly, Ankit was CEO of CSB, which he helped expand over 100 countries and oversaw multiple acquisitions and JV’s.

Mihir Modi Chief Financial Officer Mihir is a seasoned professional with more than 20 years of experience in Finance, M&A, Strategy, and General Management. He joined STL in 2020.

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Paul Atkinson
CEO, Connectivity Solutions Business
Paul is an industry veteran with over 30 years of
experience and deep expertise in the optical
space. He joined STL in 2021
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KS Rao CEO, Network Services and Software Business Joined STL in 1993 to set up India’s first optical-fibre cable plant KS now leads the Network Services and Software Business and Digital India program.

Chris Rice CEO, Access Solutions Business Chris is a technology expert with 25 years of experience in the telecom sector. He joined STL in 2021

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Dr. Badri Gomatam
Group Chief Technology Officer
A end to end digital networks technology
expert, Badri leads core research in optical
communications products and network
solutions.
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Sandeep Girotra Global Sales Head Sandeep is a seasoned sales leader with over three decades of experience in B2B infrastructure business across ICT, IT, Telecom Infrastructure and Telecom Services..

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Anjali Byce
Chief Human Resource Officer
As STL grows exponentially, Anjali and her
team are building an agile and culturally strong
organisation by running strong programs on
talent, culture, values and diversity
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Akanksha Sharma
Head CSR and Sustainability
Akanksha spearheads the company’s vision for
CSR and Sustainability and drives a portfolio of
community projects aligned to the UN Sustainable
Development Goals.
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Manish Sinha Chief Marketing Officer With experience in consulting, B2B and B2C marketing, Manish leads brand positioning and customer engagement at a time when the Company is growing exponentially.

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Delivering sustainable value for our shareholders
50.87 51.54 11.64
48.25 11.04
8.54
7.89
32.05
25.94
5.42
FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21
Revenue (Rs. bn.) EBITDA (Rs. bn.)
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5.63
4.72
3.34
2.75
2.01
FY 17 FY 18 FY 19 FY20 FY21
PAT (Rs. bn. )
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34%
30%
21% 22%
13%
FY17 FY18 FY19 FY20 FY21
ROCE
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FY 20 PAT adjusted for exceptional item net of tax

FY 21 performance not comparable because of covid related disruption

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beyond tomorrow

AI assistant

Sterlite Technologies Limited. — Investor Presentation 2021

59411_rns_2021-09-17_6df72eb5-78be-4fc9-9159-31f5143a5d18.pdf

September 17, 2021

National Stock Exchange of India Limited

BSE Limited

Sub: Outcome of Analyst/ Institutional Investor Meeting

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

Amit Deshpande

Safe Harbour

We Integrate Digital Networks for Our Customers

Our company in numbers

Rs. 48.25 bn.

FY21 Revenue

Patents

Zero

Driven by our purpose to transform millions of lives

ENVIRONMENTALLY

135,000+ MT

100%

25% diversity

97%

50%, 7,500+ tCO2e

Two of the Big Four

800+ MT

1.15M+ m3

3R

TRANSFORMING LIVES

3,500+

1,400+

50

With a strong board and leadership team

Independent Directors

Kumud Srinivasan

Sandip Das

S. Madhavan

B. J Arun

Leading to acceleration of digital connectivity

Internet users

With increased capital, including from new investor groups

Industry experts also recognise the shift

5G, FTTx and rural connectivity are driving up the fibre demand

5x increase in TAM over the last 5 years Now focused on increasing market share of the higher TAM

Industry 4.0 standards

Efficient supply chain

Put together, an E2E capability to integrate future digital networks

Three focused levers for growth

Globalise System Integration Business First order in the UK

The UK Market is growing

We are capitalising on it

Planned home passes in UK (Mn)

Globalise System Integration Business Acquisition of Clearcomm, a network specialist in UK

Clearcomm - an overview

Rationale for acquisition

Clearcomm

STL

Financial profile and key facts

Deal contours

Build Access Solutions

Successful pilot with Chunghwa; Collaboration with Facebook Connectivity

Developing radio unit manufacturing ecosystem in India

Launched an end-to-end access solution: Accellus

Technology led E2E Solutions

Our key account focus is leading to multi-portfolio engagements

Nurtured existing key accounts

Opened doors to new

Open participation funnel by region (%)

Portfolio engagements in key accounts (%)

Expanding optical capacity to 42 mn. fkm.

Solution Centres at global locations with an investment of Rs. 2 bn.

Increased investments in R&D to develop end to end solutions

New solutions with an annual R&D investment of 3-4% of STL revenue

Wi-Fi6 Access 5G Multi-Band Garuda Solution Radio

pFTTx

RIC

With a strong global leadership team to drive next phase of growth

Growing order book

Open Order Book (Rs. bn.)

Open Order Book Customer Segment wise

Order Book Spread (Rs. bn.)

Sterlite Technologies Limited. Investor Presentation 2021