Investor Presentation is attached

AEGIS VOPAK TERMINALS LIMITED Investor Presentation – August 2026 Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Aegis Vopak Terminals Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections Table of Contents 1 Q1FY27 Financial Performance 2 Company Overview 3 Fundamental Value Driver 4 Growth Strategy Q1FY27 Financial Performance Financial & Operational Highlights (Y-o-Y) Q1FY27 Revenue Share Revenue from Break-Up EBITDA Cash PAT Operations Rs. 2,338 Mn Rs. 1,794 Mn Rs. 1,249 Mn 45.9% 54.1% +15.6% +3.6% +12.4% Gas Terminalling Liquid Terminalling *Cash PAT= PAT + Depreciation 5 Profit and Loss Statement INR mn Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q FY26 Revenue from Operations 2,337.74 2,079.88 12.4% 2,434.52 -4.0% 9,230.78 Revenue from Liquid 1,265.35 968.65 30.6% 1,210.73 4.5% 4,404.74 Revenue from Gas 1,072.39 671.46 59.8% 1,223.78 -12.4% 4,826.04 Operating Expenses 543.41 527.25 642.86 2,366.26 Employee benefit expenses 127.04 120.46 133.00 518.48 Other expenses 416.37 406.79 509.86 1,847.77 EBITDA 1,794.33 1,552.63 15.6% 1,791.66 0.1% 6,864.53 % margin 76.75% 74.65% 73.59% 74.37% Depreciation and amortization 554.71 417.7 553.61 2,077.38 Other Income 43.59 114.75 43.50 374.65 EBIT 1,283.21 1,249.68 2.7% 1,281.55 0.1% 5,161.80 % margin 54.89% 60.08% 52.64% 55.92% Finance cost 393.39 302.91 410.57 1,097.25 PBT 889.82 946.77 -6.0% 870.99 2.2% 4,064.55 Tax expense 195.68 158.89 132.25 645.33 PAT 694.14 787.88 -11.9% 738.74 -6.0% 3,419.21 % margin 29.69% 37.88% 30.34% 37.04% Overview Aegis Vopak AVTL Joint Venture Overview of Business Terminals Limited Operations Strengths Segments (“AVTL”) Overview Overview Aegis Vopak Terminals Limited (“AVTL”) Overview Company Overview AVTL Shareholders ▪ Largest Indian third-party liquid and gas storage tank terminal owner and operator1 ▪ Offers secure storage and associated infrastructure for products including petroleum, chemicals, lubricants, vegetable oil and LPG (propane and butane) India Netherlands ▪ Operates in 2 segments: Liquid and Gas ▪ New Project Announcements during Q1FY27 Year of Exp.1 50+ 400+ - Upcoming 51,998 MT capacity of refrigerated double steel LPG storage tank in JNPA MSCI ESG Rating AA AAA - Upcoming 49,577 cbm capacity of liquid storage tank in Kochi ▪ AVTL is a Joint Venture between: - Aegis Logistics: Listed Indian conglomerate providing sourcing, storage, distribution & third- party logistics services in oil, gas, and chemicals1 - Royal Vopak: Listed company headquartered in the Netherlands and is among the world’s leading tank storage companies with 400+ years of experience1 AVTL’s Geographical Footprint Across Major Ports in India Existing Facility Products and Infrastructure 6 22 1.7 mn 225.8k MT Ports Operating Tank cbm Liquid Storage Static Capacity for LPG Terminals Capacity ▪ AVTL can store and handle 30+ chemicals of various categories and classes; 10+ products in edible and non-edible oil category; and LPG - Tanks have a designed life of ~40 years Upcoming Facility ▪ Connectivity infrastructure: - Tanks are connected via pipelines to jetty, ship loading and unloading infrastructure 5 36.0k MT 0.5 mn cbm 129k MT LPG Rail - Multimodal evacuation infrastructure through road, rail and pipeline Upcoming Tank Ammonia Liquid Storage Static Capacity Gantry Terminals Storage Terminal Capacity for LPG at Mangalore Notes: (1) Source: CRISIL Report Joint Venture Strengths Vopak is the world’s leading independent tank India'sleadingintegratedoil,gas& chemical storage company, storing oil, chemicals, logistics companyandimportersof LPG gases, biofuels and edible oils amongstprivateplayers Benefits from Global technical Services customers across Potential Leverage industry leading Proven project co-branding terminals expertise for handling various categories, diversification into best practices of promoters execution capability in India of oil, gas, chemicals including OMCs, MNCs, storage of new gases for ESG and health / safety and new products specialty chemical and renewables standards companies and traders AVTL Operational Overview Port / Jetty Transfer of Liquid / Gas from jetty to AVTL Tanks via self-owned pipelines AVTL Terminals Multimodal Evacuation Infrastructure from AVTL Terminals Rail Road through road, rail and pipeline Pipeline Rail Road Liquids Gas Customer Facility / Bulk&Industrial Autogas Bottling Plants Commercial &Domestic Factory Snapshot of Business Segments Liquids Gas Ammonia 2.1 mn cbm 355,100 MT 36,000 MT Capacity Liquid Storage Capacity Static Capacity Static Capacity (including announced (Petroleum, lubricants chemicals, (LPG) Ammonia Storage and vegetable oil) capex) 3.9 mn MT Terminal FY26 Gas Throughput 0.9 mn MT Q1 FY27 Gas Throughput 22 Terminals across 5 Terminals across 1 Terminal across 1 Terminal 6 Ports 5 Ports Port (including announced Kandla, Haldia, Pipavav, Mangalore, Kandla, Pipavav capex) JNPA, Mangalore & Pipavav, Haldia and Kochi JNPA To reach capex of 1.2 billion dollars by next year and we expect to reach 5 billion dollars aggregate capex by Capex 2030-31 funded by a mix of internal accruals and utilising debt prudently i.e. with a debt gearing ratio of 0.6x capped to 3.5 times of EBITDA Notes: (1) Source: CRISIL Report; (2) As of FY25 Fundamental Value Drivers Fundamental Value Drivers India’s Largest Third-Party Owner and Operator of Tank Storage Terminals1 with Strategically Located Necklace of Terminals across the Indian Coast2 B Track Record of Consistently Expanding Capabilities and Strategic Capacity Consolidation C Strong Financial Metrics with [Showing first 8,000 characters — download PDF for full document]