7 STRICTLY PRIVATE AND CONFIDENTIAL Adani Portfolio – Programmatic growth model anchored by robust strategy Tranposrt & Logistics 31% Energy & Utlity 36% Adjacencies 28% Others 5% Vertical INR Crores by Number USD Millions Transport & Logistics 55,967 12 6,996 Energy & Utility 63,261 17 7,908 Adjacencies 50,181 1 6,273 Others 9,540 17 1,192 Total 178,949 47 22,369 7 Domestic Foundation – Local Growth – Scalable Locally – Demonstrated leadership locally − Leading top 1 or 2 in private sector across the board (APSEZ, ATL, Cement, AGEL, AAHL etc ) Alignment − In sync with policy setting − Protection & growth of core infra − Turbo charged growth of core − Government policy of core infra development & Atmanirbhar − Accounts for ~100% of investment Adjacent growth − Build adjacencies − Global in scope − Programmatic growth − APSEZ 1 port to Transport utility − ATL from transmission to T&D − Cement No 2 powered by core