Investor Presentation

October 30, 2026 Department of Corporate Services The Listing Department, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeeboy Towers Exchange Plaza, Mumbai – 400001 Bandra Kurla Complex Scrip Code - 509820 Bandra (East), Mumbai 400 051 Symbol – HUHTAMAKI Sub: Investor Presentation for the 3rd quarter ended September 30, 2026. Dear Sir/Madam, This is in furtherance to our letter dated October 26, 2026, intimating about an Earnings Conference Call to be hosted by the Company on Friday, October 30, 2026, at 03.30 p.m. (IST). Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the presentation for Analysts / Investors on unaudited financial results of the Company for 3rd quarter ended September 30, 2026. The presentation is also available on Company’s website at https://www.flexibles.huhtamaki.in/. Kindly take the same on your records. Thanking you, For Huhtamaki India Limited Akanksha Kandoi Company Secretary & Compliance Officer Encl.: As above Registered & Corporate Office: Tel: +91 (022) 6174 0100 Huhtamaki India Limited CIN: L21011MH1950FLC145537 7th Floor, Bellona, www.flexibles.huhtamaki.in The Walk, Hiranandani Estate, Ghodbunder Road, Thane West- 400 607 Maharashtra. Earnings presentation- Q3 2026 Huhtamaki India Limited Kamal Taneja Managing Director Amit Gupta Chief Financial Officer 1 October 30, 2026 Earnings Presentation July-September 2026 Disclaimer Information presented herein contains, or may be deemed to contain, forward-looking statements. These statements relate to future events or Huhtamaki India Limited's (the Company) future financial performance, including, but not limited to, strategic plans, potential growth, expected capital expenditure, ability to generate cash flows, liquidity and cost savings that involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Such risks and uncertainties include, but are not limited to: (1) general economic conditions such as movements in currency rates, volatile raw material and energy prices and political uncertainties; (2) industry conditions such as demand for the Company’s products, pricing pressures and competitive situation; and (3) the Company’s own operating and other conditions such as the success of manufacturing activities and the achievement of efficiencies therein as well as the success of pending and future acquisitions and restructurings and product innovations. Future results may vary from the results expressed in, or implied by, forward-looking statements, possibly to a material degree.All forward-looking statements made in this presentation are based on information currently available to the management, and the Company assumes no obligation to update or revise any forward-looking statements. Nothing in this presentation constitutes investment advice and this presentation shall not constitute an offer to sell or the solicitation of an offer to buy any securities or otherwise to engage in any investment activity 2 October 30, 2026 Earnings Presentation July-September 2026 Advancing safety excellence with Zero TRI in Q3’ 26 Safety remains our foremost priority and is fully aligned with Huhtamaki Group’s zero-harm ambition. Our structured and behavioural safety practises reinforce a culture where safety is embedded into daily operations rather than treated as a compliance requirement. • Achieved ZeroTotal Recordable Incidents (TRI) in Q3’ 26 • We continue to improve 12-month rolling TRIR • We focus on leading indicators like near miss (NM) and preventive safety observations to drive safe environment 3 October 30, 2026 Earnings Presentation July-September 2026 Topline and volume growth momentum maintained • Market environment and impact – We continue to successfully manage current geopolitical disruptions, ensuring uninterrupted supply of materials, and products to our customers – Revenue growth driven by healthy mix of volume growth and pricing offsetting raw material inflation – EBIT before exceptional items stood at 521 MINR remaining broadly in line with the corresponding period of last year (Up 18% on a comparable base excluding one timers). • Financial performancechange YoY – Net sales increased by 23.7% – EBITDA and EBIT higher by 1.2% and 0.1% respectively – PAT lower by 19.1% due to impact of 96 MINR restricting cost for closure of Baddiplant to improve operational efficiency, optimize costs, and enhance long-term competitiveness 4 October 30, 2026 Earnings Presentation July-September 2026 Recognized with 3 IFCA STAR Awards The awards highlight innovations in design for recycling, material efficiency, performance and consumer appeal. • blueloop OmniLock Smart PE Awarded for a design for recycling mono-material stand-up pouch for beverage powders, delivering high barrier performance and pack integrity while supporting recyclability. • blueLite Recognized for a foil-free high barrier laminate for tomato ketchup sachets, helping reduce material complexity while maintaining product protection and operational efficiency. • Metallic Premium Tactile & Texture Label Awarded for a premium metallic label that combines advanced print and finishing technologies to create a distinctive shelf presence and elevate the consumer experience with embedded tactile & texture features and enhanced durability. 5 October 30, 2026 Earnings Presentation July-September 2026 Financial review 6 October 30, 2026 Earnings Presentation July-September 2026 Strong revenue growth with stable profitability amid cost pressures Change vs. Change vs. • Q3’26 net sales grew by +23%, driven by MINR Q3 26 Q3 25 9M -26 9M-25 Q3 25 9M-25 healthy mix of volume growth and pricing offsetting raw material inflation Sale of products and services 7,481 6 ,049 23.7 % 20,704 17,899 15.7 % • EBIT before exceptional items stood at EBITDA 656 6 49 1.2 % 2 ,042 1 ,639 24.6 % 521 MINR remaining broadly in line with EBITDA % 8.8% 10.7% 9.9% 9.16% the corresponding period of last year (up 18% on a comparable base excluding one EBIT 521 5 21 0.1 % 1 ,528 1 ,253 22.0 % timers) EBIT % 7.0% 8.6% 7.4% 7.0% • 9M-26 includes a non-recurring 88 MINR depreciation adjustment for prior year, Finance Cost 3 1 2 9 -6.0 % 100 9 0 -11.1 % partly offset by a 22 MINR deferred tax Profit/(Loss) before Tax* 490 4 92 -0.3 % 1 ,429 1 ,163 22.8 % benefit Profit/(Loss) before Tax 394 4 92 -19.8 % 1 ,333 1 ,173 13.6 % • As part of PS Labels footprint optimization initiative, restructuring costs of 96 MINR, Profit/(Loss) for the period 297 3 68 -19.1 % 991 8 79 12.8 % has been recognized as an exceptional Earnings in Rs. Per share* 4.89 4.87 0.4 % 14.07 11.54 21.9 % item in Q3 and 9M-26. Earnings in Rs. Per share 3.94 4.87 -19.1 % 13.12 1 1.63 12.8 % *Excluding exceptional item 7 October 30, 2026 Earnings Presentation July-September 2026 Maintaining profitable growth momentum Net Sales (MINR) EBIT (MINR) and EBIT margin (%) *Excluding exceptional item Q1 –Mar quarter, Q2 –June Quarter, Q3 –Sept Quarter and Q4 –Dec Quarter 8 October 30, 2026 Earnings Presentation July-September 2026 Safety and Sustainability 9 October 30, 2026 Earnings Presentation July-September 2026 Advancing safety and sustainability across operations People Pillar C l i m ate Pillar Nature Pillar Product Pillar Safety as a license to operate Focus on increased climate ambition Focus on water Promoting circularity • Enhanced risk assessment and • Khopoli solar captive generation • Multiple plants, including Khopoli, • Expanded use of recycled content in control framework with increased commenced in Aug'26, increasing Rudrap [Showing first 8,000 characters — download PDF for full document]