equity from marquee investors like TotalEnergies, IHC, QIA, Warburg Pincus etc . The overview of our partnership model is as presented below. This has also resulted in the deleveraging of the Promoter level debt, allowing the reduction in the promoter stake pledge in the listed companies (Please refer Chart C below) . Chart C: Promoter Gross Pledge position The equity contribution includes the platform level investments made by IHC across 3 of its portfolio companies AEL (USD 1 bn), AGEL (USD 500 mn) and ATL (USD 500 mn) totaling to USD 2 bn which was settled in May 2022.

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