Investor Presentation

November 3, 2026 Listing Department Code: 531 335 BSE LIMITED P. J. Towers, Dalal Street, Mumbai–400 001 Listing Department Code: ZYDUSWELL NATIONAL STOCK EXCHANGE OF INDIA LIMITED Exchange Plaza, C/1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai–400 051 Re: Investor Presentation Dear Sir / Madam, Please find attached the Investor Presentation on the unaudited financial results for the quarter and half year ended on September 30, 2026. Please find the same in order. Thanking you, Yours faithfully, For, ZYDUS WELLNESS LIMITED NANDISH P. JOSHI COMPANY SECRETARY & COMPLIANCE OFFICER Encl.: As above Q2, FY 2026-27 Earnings Presentation November 3, 2026 Safe Harbour Statement This presentation contains certain forward-looking statements including those describing Zydus Wellness’s strategies, strategic direction, objectives, future prospects, estimates etc. Investors are cautioned that “forward looking statements” are based on certain expectations, assumptions, anticipated developments and other factors over which Zydus Wellness exercises no control. Hence, there is no representation, guarantee or warranty as to their accuracy, fairness or completeness of any information or opinion contained therein. Zydus Wellness undertakes no obligation to publicly update or revise any forward-looking statement. These statements involve a number of risks, uncertainties and other factors that could cause actual results or positions to differ materially from those that may be projected or implied by these forward-looking statements. Such risks and uncertainties include, but are not limited to: growth, competition, domestic and international economic conditions affecting demand, supply and price conditions in the various businesses in Zydus Wellness’s portfolio, changes in Government regulations, tax regimes and other statutes. This document is a presentation and is not intended to be a prospectus or offer for sale of securities. Company Business Overview & Highlights Consumption Trend Financial Board of Performance Directors Company Overview & Consumption Trend Capital restructure Acquisition of (QIP and Preferential Naturell (India) Launched issue of Rs. 10,000 Private Limited New Everyuth Tan million) and Launched production Removal repurchased NCDs Launched Acquisition of Reimagining Everyuth facility in Range, of Rs. 15,000 million new variant Carnation Wellness: Our New Skincare Sikkim – Unit-I Nutralite ‘Mango blast’ Nutra Identity Range1 Mayonnaise in Glucon-D (“CNAFL”) 1988 2005 2009 2017 2019 2021 2024 2026 1991 2006 2011 2018 2020 2022 2025 Launched Launched ZWL listed on Launched Acquisition Relaunched Launched Sugar Free1 Sugar Free NSE. Brands Sugar Free of Heinz Complan with ready-to-drink Acquisition Natura with Sugar Free Green with India enhanced proposition product, of Comfort Sucralose1 and Everyuth Stevia and Private and improved taste Glucon-D Click transited from set-up new Limited Activors, now Limited, UK Zydus production (“Heinz”) Launched Activon and its 3 Lifesciences to facility in Nutralite subsidiaries ZWL Sikkim – DoodhShakti Unit-II Professional range, Butter and Ghee and Everyuth Body Lotion Key Milestones Note-1: Milestones that happened before Sugar Free and Everyuth hived off grom Zydus Lifesciences to Zydus Wellness Above year represents Financial year : 1st April to 31st March A Future-Ready Company Aligned with Global Health & Wellness Trends GLOBAL TRENDS PROPOSITIONS Leader in sugar substitutes, expanding into Low Sugar/No Sugar healthier cookies and chocolates Full-spectrum protein portfolio covering High Protein bars, snacks & cookies for every occasion Scaling RTD expansion across energy & On the go Hydration/Energy hydration categories Natural ingredients led skin and hair care with Functional Skin and Hair Care functional benefits across multiple applications Portfolio designed for today’s active lifestyle Active Lifestyle consumer Rising consumer demand for natural, plant- New Age Vitamins, Minerals and based, and specialty nutritional supplements Supplements across human and pet health segments Consumption Trend Overview DEMAND CHANNELS COSTS Resilient Demand Q-comm & e-comm lead Demand trends indicate Quick-commerce and e- sustained positive commerce continues the momentum across momentum by steadily categories, driven by a steady increasing its share. urban recovery and improving rural offtake. Business Highlights Most Brands Outperform Category Growth Glucose Nutrition Sugar Prickly heat *Facial Category Scrub Peel-off Powder Drink substitute # powder cleansing Category Size ~ 9165 ~ 65,160 ~ 330 ~ 840 ~ 4,800 ~ 415 ~ 180 (in cr.) Category -8.0% -9.8% -9.3% 0.8% 6.3% 8.9% 8.0% Growth (y-o-y) Mkt. Rank 1 4 1 1 4 1 1 Mkt. Share % 60.0 3.9 96.0 32.8 8.4 50.2 75.6 High saliency and exceptional growth of online platforms is not reflected in market share, which pertains to the domestic business. Category Size and Market share source: MAT Sep 2026 report as per Nielsen and IQVIA # Excludes D’lite range * Everyuth market rank 4 is at Total Facial cleansing segment which includes Face wash, Scrub, Peel-off, face masks Blended Fat Nutrition & Protein Cookies Other Nutrition Hair Category Dairy Sugar spread Protein Bar & Chips Products Care Mkt. Rank as per Company NA 1 NA 1 1 NA NA Estimates Paving the Way for Future Business with Rite Bite Max Protien New launch • Significantly strengthened market leadership, reflecting rising consumer demand in healthy snacking. • Continuously outperforming internal projections, driven by robust value and volume growth through innovation-led category expansion. • Recent launches including Korean flavored chips and protein shakes registering high double- digit growth. • Delivered EBITDA expansion, reflecting disciplined profitable growth. • Accelerated quick-commerce growth through an expanded distribution footprint. Key Digital Initiatives • Introduced an all-new category, Max Protein Crunchy Cookies, packed with 10g protein and made without palm oil, maida or any added sugar. • Launched in two delicious flavours: • Berry Bliss • Choco Chip Bliss. Janhvi Kapoor is the brand ambassador of Sugar Free Green Shaping the Future of Everyday Wellness ❖ Brand replicated its double-digit growth performance from the previous New launch quarter in the current quarter. Monk fruit Sweetener ❖ Sugar Free Green continuing its momentum, by further strengthening its brand visibility and consumer engagement through a high-impact association with Bigg Boss Bangla. ❖ I’m Lite strengthened its healthy-living positioning, registering a high single-digit growth in YTD’27 through impactful campaigns, leveraging Rath Yatra with integrated digital outreach, regional creator engagement and high-impact on-ground visibility. Key Initiatives Driving Category Growth by Adding New Consumers Strengthening Position in Targeted Categories ❖ Delivered high double-digit growth, outpacing category growth through innovation, wider distribution, and an enhanced consumer experience. ❖ Maintained its 4th rank in the facial cleansing category with an 8.4%* market share, up 53* bps year-on-year. ❖ Continued to lead in niche sub-segments— achieving a 50.2%* market share in scrubs with a 172* bps YoY increase, and 75.6%* share in peel-off masks, with a decline of 89* bps. ❖ Strengthened youth engagement through innovative digital campaigns, immersive video ads and in-serial integrations with popular shows such as Campus Beats and Playgrounds. ❖ Driving brand impact and strengthening regional connect in West Bengal through an integration with Bigg Boss Bangla. *As per MAT Sep 2026 Nielsen report Strategic Levers Intact to Drive Category and Consumer Growth Enhanced awareness of Glucon-D Performance – Q2 FY27 Glucon-D ORS Recharge through aathlete and celebrity Delivered strong growth, Receiving a positive initial across social media platforms, delivering a aided on a low base. market feedback. positive initial market resp [Showing first 8,000 characters — download PDF for full document]