Certain statements made in this presentation may n o t be based on historical information or fa c ts and may be “forward - looking statements,” including those relating to general business plans and strategy of Adani group , the f u t u r e outlook and g r o w t h prospects, and f u t u r e developments of th e business and t h e competitive and regulatory environment, and statements whi c h contain words or phrases such as ‘will’, ‘expected to’, etc . , or similar expressions or variations of such expressions . Actual results may dif f e r materially from these forward - looking statements due to a number of factors, including f u t u r e changes or developments in th ei r business, th e ir competitive environment, t h ei r ability to implem ent th ei r strategies and initiatives and respond to technological changes and political, economic, regulatory and social conditions in India . This presentation does n o t c o ns t i t u te a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell, any shares and should n o t be considered as a recommendation t h a t any investor should subscribe fo r or purchase any of Adani group entities shares . Neither this presentation nor any other documentation or information (or any part thereof) delivered or supplied under or in relation to t h e shares shall be deemed to c o n s t i t u t e an o f f e r of or an invitation by or on behalf of Adani group . Adani group, as such, makes no representation or warranty, express or implied, as to, and does n o t accept any responsibility or liability w i t h respect to, t h e fairness, accuracy, completeness or correctness of any information or opinions contained herein . The information contained in this presentation, unless otherwise specified is only current as of t h e date of this presentation . Adani group assumes no responsibility to publicly amend, modify or revise any forward - looking statements, on t h e basis of any subsequent development, information or events, or otherwise . Unless otherwise stated in this document, t h e information contained herein is based on management information and estimates . The information contained herein is subject to change w i t h o u t notic e and past performance is n o t indicative of f u t u r e results . Adani group may alter, modify or otherwise change in any manner t h e c o n t e n t of this presentation, w i t h o u t obligation to n o t i f y any person of such revision or changes . No person is authorised to give any information or to make any representation n o t contained in and n o t consistent w i t h this presentation and, if given or made, such information or representation must n o t be relied upon as having been authorised by or on behalf of Adani group . This presentation does n o t co n s t i t u t e an o f f e r or invitat ion to purchase or subscribe f o r any securities in any jurisdiction, including t h e United States . No part of its should form t h e basis of or be relied upon in connection w i t h any investment decision or any c o n t r a c t or c o mm i tm e nt to purchase or subscribe f or any securities . None of our securities may be offered or sold in t h e United States, w i t h o u t registration under t h e U . S . Securities A c t of 1933 , as amended, or pursuant to an exemption from registration therefrom . Disclaimer Investor Relations Team: MR. Charanjit Singh Head – ESG & IR [email protected] +91 79 2555 7712 MR. Manan Vakharia Lead – IR [email protected] +91 79 2555 6140 MR. Priyansh Shah Lead – IR [email protected] +91 79 2555 7139 MR. Abhik Das Lead – IR [email protected] +91 79 2555 7139 MR. Vijil Jain Lead – IR [email protected] +91 79 2555 7947 MR. D. Balasubramanyam Group Head – IR [email protected] +91 79 2555 9332 MR. Nishant Vyas Manager – Group IR [email protected] +91 79 2555 9333 MR. Viral Raval Lead – IR [email protected] +91 79 2555 8581 MR. Arpit Mundra Asst. Manager – IR [email protected] +91 79 2555 9500

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