Investor Presentation

July 28, 2026 National Stock Exchange of India BSE Limited Luxembourg Stock Exchange Limited Scrip Code: AMBUJACEM Scrip Code: 500425 Code: US02336R2004 Sub.: Investor Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, In continuation of our letter dated July 14, 2026, regarding Analyst / Investors call scheduled on July 28, 2026, we enclose herewith Presentation titled ‘Operational & Financial Highlights’ of the Company for the quarter ended June 30, 2026. The above information shall also be made available on the Company's website at www.ambujacement.com Kindly take the same on record. Thanking you, Yours Sincerely, For Ambuja Cements Limited Manish Mistry Company Secretary & Compliance Officer Encl: As above Ambuja Cements Limited Registered Office: Adani Corporate House Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India Ph +91 79-2656 5555 E mail: investors.relation@adani.com www.ambujacement.com CIN: L26942GJ1981PLC004717 Ambuja Cements Investor Presentation | Q1 FY2027 Adani Group Performance Annexures Profile Highlights 1 2 3 4 5 Strategic ESG Initiatives Updates Adani Group Profile Landmark Project (Built using Adani Cement): Navi Mumbai International Airport Limited (NMIAL) Adani Portfolio: A world class infrastructure and utility portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Other Materials, Metal Incubator Energy & Utility Transport & Logistics Specialty & Mining (74.84%) (62.43%) (74.96%) (66.03%) (67.29%)3 AGEL APL APSEZ AEL1 Ambuja Cements4 Renewables IPP Ports & Logistics (74.71%) (37.40%) (50.05%) (72.66%) AESL ATGL2 ACC4 Orient4 T&D Gas Discom (100%) (50.00%) (100%) (100%) (100%) (69.02%) ANIL AdaniConneX5 AAHL ARTL Copper, Aluminum NDTV New Industries Data Centre Airports Roads (100%) (100%) (100%) (100%) Mining Services Specialist PVC & GCC Manufacturing6 Com. Mining (%): Adani Family equity stake in Adani Portfolio companies (%): AEL equity stake in its subsidiaries (%): Ambuja equity stake in its subsidiaries Listed cos Direct Consumer A multi-decade story of high growth centered around infrastructure & utility core 1. AEL has raised INR 15,000 Cr through Qualified Institutional Placement (‘QIP’) during July’26. Accordingly, promoter’s shareholding stands revised to 71.97%. | 2. ATGL: Adani Total Gas Ltd, JV with Total Energies | 3. Ambuja Cement’s shareholding does not include Global Depository Receipt of 0.04% but includes AEL shareholding of 0.35% received as part of the consideration against transfer of Adani Cementation Limited as per NCLT order dated 18th July’25 | 4. Cement includes 67.29% (67.33% on Voting Rights basis) stake in Ambuja Cements Ltd. as on 30thJune’26 which in turn owns 50.05% in ACC Limited. Adani directly owns 6.64% stake in ACC Limited & Ambuja Cements Ltd. holds 72.66% stake in Orient Cement Ltd.| 5. Data center, JV with EdgeConnex | 6. Includes the manufacturing of Defense and Aerospace Equipment | AEL: Adani Enterprises Limited | APSEZ: Adani Ports and Special Economic Zone Limited | AESL: Adani Energy Solutions Limited | T&D: Transmission & Distribution | APL: Adani Power Limited | AGEL: Adani Green Energy Limited | AAHL: Adani Airport Holdings Limited | ARTL: Adani Roads Transport Limited | ANIL: Adani New Industries Limited | IPP: Independent Power Producer | NDTV: New Delhi Television Ltd | PVC: Polyvinyl Chloride | GCC: Global Capability Centre l Promoter’s holdings are as on 30thJune, 2026. 4 Adani Portfolio: Best-in class growth with national footprint Predictable, high and rising free cash flow National footprint with deep coverage EBITDA Tax paid 94,834 Finance cost paid CAT (FFO) 67,995 (72%) EBITDA 24,870 12,784 APSEZ (51%) 22,259 Adani’s Core Infra. AGEL (23%) Platform – ATGL 10,418 375 AESL (42%) 4,580 1,668 APL Userbase FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Ambuja Cement EBITDA: Earning before Interest Tax Depreciation & Amortization I EBITDA: PAT + Share of profit from JV + Tax + Deferred Tax + Depreciation + Finance Cost + Forex Loss / (Gain) + Exceptional Items | FFO: Fund Flow from Operations l FFO : EBITDA – Actual Finance cost paid (excl. Capitalized Interest, incl. Int. on Lease Liabilities)– Tax Paid l AEL: Adani Enterprises Limited l APSEZ: Adani Ports and Special Economic Zone Limited l AGEL: Adani Green Energy Limited | ATGL: Adani Total Gas Limited l AESL: Adani Energy Solutions Limited l APL: Adani Power Limited Adani Portfolio: Repeatable, robust & proven transformative model of investment DEVELOPMENT1 OPERATIONS CONSUMERS New C.E.O. Adani Infra (India) Limited | Cemindia Projects Ltd. | PSP Projects Ltd. Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Construction Operation Inspired Purpose & Value Creation T • Analysis &market • Siteacquisition • Engineering &design • Life cycleO&M • Delivering exceptional products & services for elevated I V intelligence planning engagement • Concessions & • Sourcing &quality T C • Viabilityanalysis regulatory agreements • Project Management • AssetManagement plan • Differentiated and many P&Ls Consultancy (PMC) N Adani’s Core Infra. Platform – M 375 O Mn R India’s Largest Longest Private HVDC World’s largest Cement Intelligent Network Userbase P Commercial Port Line in Asia Renewable Cluster Operations Centre (CiNOC) (atMundra) (Mundra - Mohindergarh) (at Khavda) N Strategic value Investment Case Growth Capital – Platform 9% Long Term Debt LE Mapping Development Infrastructure Financing 14% 19% AM Framework PSU Banks T I P AE G A Policy, Duration Risk Matching M 2a 0r 1c 6h 55% 3% Mar’26 22% P Uv St. DB Ba on nks ds CN A M S Rt ir sa kt egy & R Gi os vk e M rna an na cg ee &m e An st s – u rR aa nt ce e & Currency 31% 24% DN IB IFCs & FIs Framework Diversified Source of Capital 1% 22% Global Int.Banks Capex LC L Continued • Power Utility Business - ENOC B Human Capital • Leadership Development Initiatives A Focus & AI enabled Digital Transformation • City Gas Distribution - SOUL Development N Investment • Investment in Human Capital • Transportation Business - AOCC Note : 1. Cemindia Projects Ltd. (formerly known as ITD Cementation India Ltd.): the total shareholding stands at 67.46%. PSP Projects Ltd.: the total shareholding stands at 34.41%.| 2. Adani Environmental Resource Management Services Ltd. (additional company is being proposed) | O&M: Operations & Maintenance l HVDC: High voltage direct current l PSU: Public Sector Undertaking (Public Banks in India) l GMTN: Global Medium-Term Notes l SLB: Sustainability Linked Bonds l AEML: Adani Electricity Mumbai Ltd. l AIMSL : Adani InfraMgtServicesPvtLtdl IG: Investment Grade l LC: Letter of Credit l DII: Domestic Institutional Investors l COP26: 2021 United Nations Climate Change Conference l AGEL: Adani Green Energy Ltd. l NBFC: Non-Banking Financial Company l AIIL: Adani Infra (India) 6 Ltd. | AOCC : Airport Operations Control Center Strategic Initiatives Landmark Project (Built using Adani Cement): Ganga Expressway 7 PAN India Presence Presence in 31 states & union territories and 665+ districts For the Quarter Ended June 30, 2026 Gagal 109 MTPA 63.7% Darla / Suli Rajpura Ropar Nalagarh Asian Nalagarh Cement Capacity Clinker factor Bhatinda Roorkee Dadri Rabriyawas Kymore 24 22 Ametha Marwar Tikaria Integrated Units Grinding Units Chaibasa Lakheri Farakka Sanghi Sindri 85% 119 Navalakhi Sankrail Share of Blended Cement Ready-Mix Concrete plants Ambujanagar Damodhar Dahej Bargarh Muldwarka Surat Kolkata Bhatapara Panvel Jalgaon BCCI Gopalpur Integrated Plants 10 11 Devapur Jamul Grinding Units Chanda Maratha cement works Bulk Terminal Bulk Cement Terminals Captive Ships Patas Ganeshpahad Chittapur Tandur Wadi Vizag Ambuja ACC 7.1% 1,25,000+ Kudithini Krishnapatnam Orient Thondebhavi Boyareddypalli Thermal Substitution Rate Channel partners across India Mangalore Talaricheruvu Maduk [Showing first 8,000 characters — download PDF for full document]