#1GE T&D INDIA LIMITED Unleashing Limitless Energy Analyst Presentation Q4 Financial Year 2020-21 GE#2DISCLAIMER This presentation has been prepared solely for the use at analyst/ investor presentation. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations- • • • The forward-looking information and statements can generally be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use terminology such as "targets", "believes", "expects", "aims", "assumes", "intends", "plans", "seeks", "will", "may", "anticipates", "would", "could", "continues", "estimate", "milestone" or other words of similar meaning and similar expressions or the negatives thereof. GE T&D India Limited cannot give assurance to the correctness of such information and statements. By their nature, forward-looking information and statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements that may be expressed or implied by the forward-looking information and statements in this presentation. Should one or more of these risks or uncertainties materialize, or should any underlying assumptions prove to be incorrect, the Company's actual financial condition or results of operations could differ materially from that or those described herein as anticipated, believed, estimated or expected Given the aforementioned uncertainties, prospective or present investors are cautioned not to place undue reliance on any of these forward- looking statements No part of this presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investments decision whatsoever. Investor/prospective advisors must be sought on specific situation from well-informed legal, investment, tax, financial, and management professionals This presentation and its contents are confidential and must not be distributed, published or reproduced. This presentation does not constitute a recommendation regarding the securities of the Company. GE © GE T&D India Limited#3Safety is our top priority Salery CUCI 20 hant Chanel CDC C Silver Jublle CIDC Vishwaka SAPTCONC A SAFETY AWARDS-201 CERTIFICATE OF APPRECIATE aha MTS M NAL SAFETY COUNT OF SAFETY MARIN-201 PHOTOGRAPHY STRICTLY PROHIBITED IN THIS PREMISES APS MEACTIVITY WORKSTATION HEARD CLATGE OF APPRECIATIGA ding adding Safety Innovation Award for 2020 from "The Institution of Engineers (India)" for innovative Safety Management System 66/11 KV TPDDL Narela project site won EHS award from CIDC (Construction Industry Development Council) Appreciation certificates from National Safety Council of India for two project sites EHS Cermany of t COSE ENS Awards 2023 Edition CII CH EHS AwCeremony 11-SR EHS Excece Awards T -13 Edition 88 CII Car or of COB CR CI CN A Powa The WSH APPELLAN EPFORMANC DE TAD INDIA LTD. 91 M Thank You Certificate EHS Excellence Award from CII - Southern Region: 4 Star Rating for HVS Hosur & Padappai Received various appreciation certificates from customers like TATA, AZURE, PGCIL, UPPTCL, Doosan, etc Units OGE T&D India Limited#4Executive Summary Q4 Sales at 9 BINR (up by 36% YoY), Full Year Sales at 34.5 BINR, up 9% YoY FY 20-21, Profit After Tax at 603 MINR vs Loss After Tax of 3,026 MINR in FY 19-20 Net debt reduction of 2.7 BINR in FY 20-21 Continuous Focus on operational excellence including lean implementation Order Intake impacted by shift of market due to Covid 19 Order back log of ₹ 46 Billion; 1.5 years of revenue gε O GE T&D India Limited#5Covid 19 Wave 2 Update GETDIL Plants and Sites Padappai (AIS/GIS) Plant shutdown for 9 days due to lock down in Tamilnadu. Manufacturing activities restarted. Pallavaram (GA) Plant shutdown for 9 days due to lock down in Tamilnadu. Manufacturing activities restarted. 06 780 Sale Lowther CONTZES PETY HOT Hosur (AIS) Plant shutdown for 9 days due to lock down in Tamilnadu. Manufacturing activities restarted. Vadodara (Transformers) No lockdown, fully operational Project Sites Total sites: 73, All Operational (Resource Strength: 50%-75%) Noida (Corporate, Projects & Engg Office) Fully operational, employees working from home Supply Chain / Logistics Severely impacted due to lockdown. Gradually picking up O GE T&D India Limited#6COVID 19- Wave 2 - Addressing Employee Critical needs Category of Support GE India Employee Fund- Raising program Hotel-Hospital tie ups Vaccination Ventilators Teleconsultation Assistance in finding Hospital Beds/Oxygen Ambulance Services Support Available GE India Employee Relief Fund in partnership with Give India Tie up with hospitals in major cities like Hyderabad, Chennai, Bangalore, Delhi-NCR, Vadodara and Ahmedabad, Pune and Kolkata Vaccination Drives carried out at Bangalore, Noida, Vadodara, Mumbai, Kochi, Pune, Chennai, Kolkata, Durgapur, Sanand, Hyderabad GE South Asia sponsored 10 Ventilators for St Johns Hospital Bangalore & 4 Ventilators for Holy Family Hospital, Delhi COVID-19 teleconsultation through internal and external medical team made available for all GE Employees and their dependents Employee Resource Group formed to assist GE employees and their dependents to find critical support as needed Partnered with STAN ambulance services provider in all major cities for use by our employees and declared dependents 96 Presentation Title June 15, 2021 6#7COVID 19- Wave 2 - Addressing Employee Critical needs Category of Support Medical Supplies Oxygen concentrators Employee Open Hour & Staying Connected Health & Wellness Caregiver Leave Salary Advance Support for family of deceased employee Home Care Support Available Tie-up with medicine delivery portal to employees at their home/location 02 Concentrators provided at various project sites and office locations Weekly open house with Company doctors to help provide a credible and clear source of information Free counselling support is also available via our Employee Assistance Program Temporary leave category introduced for employees taking care of their immediate family 10 working days (Over & above the current leave policy) To support medical expenses that do not get covered by medical insurance, salary advance policy has been modified to allow upto 6 months of advance and 12 months of recovery window Dependent medical insurance till end of policy period & funding portability for 1 year Company supporting with additional 25% of Term Insurance coverage Tie-up with Doctors for Home care 90 Presentation Title June 15, 2021 7#8Extending Our Support During Extraordinary Times The Company spent over 11 MINR during the previous financial year towards COVID-19 Emergency Response. From Portable Testing Units to Ventilators, the Company has endeavoured to support the society during these testing times. The Company is also going to launch one Mobile Medical Unit at Hosur and contributing a vaccination vehicle to the Ghaziabad Authority GE Celocia Shya D ICU [ Thal Tavaly teral WATER NA Belts Busher tova JE STALL 041 United Way Talied -#9Delivering from the Frontline Key Execution during Q4, FY 2020-21 Energized 2X132kV AIS 66/11KV GIS Substation for TPDDL Narela bay extension for WANNAM WBSETCL at Serakol 2X220kV GIS bay extension for PGCIL at New Melli 9x400kV,8x220kV,6x132kV ,1x33kV AIS bay along with 2x500 MVA of 400/220kV, 2x160 MVA of 220/132kv, 1x125MVAR Bus Reactor & 630kVA transformer for PGCIL at Firozabad 16 bays with 400kV GIS along with associated GIB 1560 Mtrs at 2x800 MW Thermal Power Plant for NTPC through Tata Projects Limited at Ramagundam 12x400kV, 2x132kV bays along with 7Nos 1x105MVA transformers at 400/132kv AIS SS with for Sterlite PK Bari NERSS package at Surajmani Nagar 2x 132kV AIS extension bays for Sterlite PK Bari NERSS package at Kumarghat Tripura 12x400kV, 5x132kV bays along with 7nos of 1x105 MVA - 7Nos transformers at 400/132kV AIS SS for Sterlite PK Bari NERSS package at Kumarghat Tripura Commissioned 220kV GIS at BPCL, Kochi Energized 110kV GIS bay commissioned for KSEB, Pallakad © GE T&D India Limited#10Making In India for the World Factory Spotlight: Padappai Grid moving green GE GE T&D's Padappai plant manufactures world-class Air & SF6 Gas Air Insulated Switchgear up to 800 kV GE T&D's Padappai plant is the global manufacturing unit in GE Grid Solution for design, manufacturing and supply of 765kV Gas Insulated Switchgear Besides supplying for Indian utilities, the plant exports AIS (EHV CB & Drives) equipments to more than 40+ countries across the globe State of the art Extra High Voltage Test Labs, Clean Room ((ISO 14664 - 1:1999) integrated with Auto controls of Temp/Humidity/Sf6 flow for GIS Manufacturing) and World class Lean Moving Lines for drives manufacturing with digital monitoring system. During Covid times, digital infrastructure has been developed for clients to witness Factory Acceptance Test from remote locations, for domestic & exports contracts. ന g O GE T&D India Limited#11ORDER INTAKE Q4 & FY 2020-21 (GE) 30,175 6558 (in millions) Orders FY 2020-21 22,904 6134 12,538 6,949 6,902 4,177 5,389 4,432 Key Orders booked during Q4, FY 20-21 13 X 110 MVAR & 6 X80 MVAR 765KV REACTORS AT SIKAR II & BHADLA II - REACTOR PACKAGE from PGCIL 7 X 500 MVA 765KV ICTS AT SIKAR II TRANSFORMER PACKAGE from PGCIL 13 X 765KV REACTORS AT SIKAR II & ALIGARH PS UNDER RAJASTHAN/REACTOR PACKAGE from PGCIL L&T/ NEA NEPAL 220KV GIS AT LAPSIPHEDI SS 132KV GIS AT CHANGUNARAYAN SS/ 220&145KV GIS from L&T FY 2020-21 FY 2019-20 Q1 Q2 Q3 Q4 O GE T&D India Limited#12Financial Data Q4 & FY 2020-21 (in millions) Q4 Q4 FY FY Change Change 2020-21 2019-20 2020-21 2019-20 Sales 9,045 6,642 36.2% 34,524 31,587 9.3%% EBITDA 446 -2,357 118.9% 1,452 -2,150 167.5% % of Sales 4.9% -35.5% +40.4 pts 4.2% -6.8% +11.0 pts Profit Before Tax 270* -2,347 111.5% 893** -3,557*** 125.1% % of Sales 3.0% -35.3% +38.3pts 2.6% -11.3% +13.9 pts Profit After Tax 161 -1,871 108.6% 603 -3,026 119.9% % of Sales 1.8% -28.2% +30.0 pts 1.7% -9.6% +11.3 pts *includes extraordinary expense of 225 MINR **includes extraordinary Income of 35 MINR *** includes extraordinary expense of 536 MINR Net Debt* of ₹1,611 MINR as on 31st March 2021 vs 4,302 MINR as on 31st March 2020 (GE) * Net of Cash & Bank Balance of 602 MINR (Vs 595 MINR as on March 31, 2020) OGE T&D India Limited#13GEOD Update 95 (GE) Global Engineering Operations Division (GEOD) Sale Proposal GE Created Global Engg Operating Center (GEOC) at GE India Industrial Pvt Ltd (GEIIPL) to support global technology development to meet the challenges of the global energy transition and respond to changing market needs. • Considering non-core (revenues <3% of total), lack of long-term commitment, exclusivity, Board approved for sale of GEOD to GEIIPL 873 minr consideration based on Independent Valuation from M/s. Ernst & Young Merchant Banking Services LLP GE Grid Solution communication: Company has been notified that with effect from 30 June 2021 no new contracts/purchase orders will be issued to it in relation to those services and existing contracts/purchase orders will lapse at their expiry date or be terminated by notice. Stock Exchange duly communicated on April 30, 2021 Impact on GETDIL: ~190 employees and ~100minr assets redundant Postal Ballot : Approval of Majority of Minority not received In favour Against Action under progress To mitigate restructuring cost of impacted employees and assets, GETDIL Board has advised the management to explore potential solutions to minimize adverse impact on the Company • No of Votes No of Shares 217 47.7% 31 52.3% 248 100% O GE T&D India Limited#14THANK YOU Contact us: Suneel Mishra Investor Relations Officer [email protected] Anshul Madaan Head Communications & PR - [email protected] http://www.ge.com/in/ge-td-india-limited gε Il ne m 200