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 1 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. 1. Approx INR 77 bn 12