5 Adani Portfolio: Repeatable, robust & proven transformative model of investment 55% 31% 14% 6% 25% 6% 18% 8% 37% Activity Performance Operations Development Post Operations • Analysis & market intelligence • Viability analysis • Strategic value • Site acquisition • Concessions & regulatory agreements • Investment case development • Engineering & design • Sourcing & quality levels • Equity & debt funding at project • Life cycle O&M planning • Asset Management plan • Redesigning capital structure of asset s • Operational phase funding consistent with asset life Site Development Construction Operation Capital Mgmt Origination India’s Largest Commercial Port (at Mundra) Longest Private HVDC Line in Asia ( Mundra - Mohindergarh) 6 4 8 MW Ultra Mega Solar Power Plant (at Kamuthi, Tamil Nadu) Highest Margin among Peers Highest line availability Constructed and Commissioned in nine months March 2 0 1 6 March 20 22 Phase Energy Network Operation Center (ENOC) • First ever GMTN of USD 2 bn by an energy utility player in India - an SLB in line with COP 26 goals - at AEML • AGEL’s tied up “Diversified Growth Capital” with revolving facility of USD 1 . 35 bn - will fully fund its entire project pipeline • Issuance of 20 - & 10 - years dual tranche bond of USD 750 mn - APSEZ the only infrastructure company to do so • Green bond issuance of USD 750 mn establishes AGEL as India’s leading credit in the renewable sector Centralized continuous monitoring of plants across India on a single cloud based platform PSU P vt. Banks Bonds DII Global Int. Banks PSU – Capex LC O&M : Operations & Maintenance, HVDC : High voltage, direct current, PSU : Public Sector Undertaking (Public Banks in India), GMTN : Global Medium - Term Notes SLB : Sustainability Linked Bonds, AEML : Adani Electricity Mumbai Ltd. IG : Investment Grade, LC : Letter of Credit, DII : Domestic Institutional Investors, COP26 : 2021 United Nations Climate Change Conference; AGEL : Adani Green Energy Ltd.

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