Investor Presentation

August 14, 2026 Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 Symbol: AARON Subject: Investor Presentation Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Investor Presentation of the Company. The above information will also be hosted on the website of the Company i.e. www.aaronindustries.net. This is for your information and records. Thanking You. Yours faithfully, For Aaron Industries Limited Nitinkumar Maniya Company Secretary and Compliance Officer Encl.: As above AARON INDUSTRIES LIMITED INVESTOR PRESENTATION Company Overview & Geographical Presence Company Overview Geographical Presence Nationwide domestic footprint with a consistent customer base of more than 700 customers, Founded in 2013 supported by traders and warehouses across Surat, Rajkot, Ahmedabad, Jodhpur, Raipur, Patna, Indore, Nashik, Mumbai, Pune, Belgaum, Bengaluru, Kolkata, and Hyderabad. Manufactures Elevator Cabins, Home Lifts, Automatic Door Systems, and Cabin Safety Frames for residential and commercial projects. NEPAL Operates an in-house stainless steel processing and polishing division KENYA 200+ Employees AFRICA 5000+ Auto Door Systems/month capacity SERVING ACROSS EXPORT ACROSS Presence 60+ 02+ Years of cumulative experience of Board Distribution CITIES COUNTRIES Networks Public comapany in elevator industry Africa North South listed on NSE SME platform, migrate Key expansion focus - Senior sales hire to drive Tie-up in Hyderabad to mainboard in November 2020. building stakeholder Punjab, Haryana, UP (AP/Telangana); trader relationships for long-term network in Bengaluru & growth Belgaum Aaron Industries Ltd. Investor Presentation | 2 PROFILE OF MANAGEMENT Mr. Amar Chinubhai Doshi Mr. Karan Amar Doshi Mr. Monish Amar Doshi Designation Designation Designation Chairman & Managing Director Whole Time Director Director & Chief Financial Officer Qualification Qualification Qualification Diploma in Man-made Fibers Fabrics Bachelor of Engineering (University of Bachelor of Business Administration Pune), Master of Mechanical Engineering (University of Pune), MBA (Sikkim Manipal (University of Southern California) University) Role and Responsibility Leads strategic planning, capacity expansion, and business development. Role and Responsibility Role and Responsibility Manages overall operations including the Heads production activities, overseeing Oversees administrative functions, risk stainless-steel polishing division. Has over production processes and schedules. management, financial strategy, sales, 36 years of experience in sheet metal Possesses over 16 years of industry and marketing. Has 15+ years in sheet fabrication. experience. metal fabrication and over 14 years in the elevator sector. Aaron Industries Ltd. Investor Presentation | 3 Elevator Division Division Highlights Products Leading Manufacturer Manufacturer of elevators for Commercial and Residential projects specially Home Lift (EVOQ360), Elevator Components, and Stainless- Steel Polishing, Design and Colour Sheets. OEM Expertise Automatic Door Fire Resistant Elevator Cabin Operates as an OEM, supplying key Systems for Lifts Door components for complete elevator systems. Synchronized auto doors Certified, fire-rated safety Durable stainless/mild- for smooth entry elevator doors steel lift cabins Integrated Stainless Steel Processing In-house SS Polishing Division processes the steel used in its own Auto doors and Cabins, boosting quality and efficiency. Commitment to Innovation and Safety Focuses on innovation, safety, and Auto Center Cabin Safety Home Lift- durability for reliable vertical Swing Door Frame EVOQ360 transportation. Smooth center-swing Structural safety frame for Smart Pit-less Lift elevator door system cabins Aaron Industries Ltd. Investor Presentation | 4 Home Lift- EVOQ360 Business Highlights All-India Distributorship Secured Appointed as All-India Distributor for EVOQ360 components EVOQ360 Overview following discussions with a well-known component manufacturer in China, strengthening our home lift distribution network. Aaron Industries launched EVOQ360, a smart, pit-less home lift combining energy- Strong Market Traction efficient operation, battery Supplied to 25+ projects across India since launch, with backup, and premium rising enquiries reflecting growing market acceptance. customizable finishes. Equipped with silent motors and advanced safety sensors, it redefines vertical Exclusive Territory Partnerships in Pipeline mobility for modern Strong response has drawn multi-region partnership interest; residential spaces. several exclusive distributorships expected to finalize in coming months, expanding market reach. Aaron Industries Ltd. Investor Presentation | 5 Global Elevator Industry Overview THE GLOBAL ELEVATOR MARKET GROWTH DRIVERS REGIONAL SPLIT Market Size CAGR: 6.8% USD 86.3B USD 136.9B Urbanization & high-rise construction amid limited (2026) (2033) urban land Asia Pacific North America Europe SEGMENTS Smart city investments & dominant (41.7% 12.7% share (2024); 31.9% share (2024); mixed-use/infrastructure share, 2025); US CAGR 5.4%, Germany (18.2%) & UK By Type: development led by China (70.6% Canada 5.8%, (16.7%) lead within Traction (dominant, 55.1% share) of APAC), Mexico 7.1% region Hydraulic India, South Korea IIoT-enabled monitoring, Machine Room-Less Traction (fastest- predictive maintenance & growing, 7.5% CAGR) destination control systems Other improving efficiency & UX By Business: New Equipment (leading, 47.6% share) India Retrofit/modernization Maintenance (fastest-growing, 7.4% Latin America demand from aging CAGR) Fastest-growing installed base (esp. Modernization country globally at 8.0% share (2025); developed markets) 9.9% CAGR (2026– Brazil holds 43% of By Application: 2033); growth region centered on Mumbai Residential (dominant, 69.3% share, & Bengaluru high-rises Regulatory push for driven by urbanization & high-rises) accessibility & safety-driven Commercial (offices, malls, hotels, upgrades healthcare, airports) Industrial (manufacturing, warehouses, logistics) Source: Grand View Research https://www.grandviewresearch.com/industry-analysis/elevators-market-report Aaron Industries Ltd. Investor Presentation | 6 Stainless Steel Division Aaron's SS Division transforms raw stainless-steel coils into value-added, finished stainless-steel sheets through in-house processing. Vertical integration = cost optimization + consistent quality + timely production. The Process Sourcing Premium coils procured from Sourcing Processing Polishing Embossing Finished Sheets established suppliers (Value Added) Processing COMPETITIVE NOTE 02 Cutting, polishing, embossing & finishing under strict quality control Processes raw coil in-house and consumes the majority in its own elevator division Value Addition 03 Customized surface finishes and Retains the processing margin on the sheet it consumes, designs per client specification and earns a second margin on sheet sold externally Internal Use 04 Majority feeds Aaron's own The integration applies to ongoing production rather than Elevator Division to a single order. External Sales 05 Balance sold to other elevator makers, BIS certification reinforces product quality and for application like interior decoration compliance. and industrial use providing a diversified revenue stream Aaron Industries Ltd. Investor Presentation | 7 Products & the STELIX Launch FINISHED DECORATIVE/DESIGNER SS SHEETS PRODUCTS MATT & MIRROR EMBOSSING PRESS PLATES POLISHING STELIX STELIX is Aaron's stainless steel brand, built around strength, durability and innovation, and marks the DECORATIVE PVD COATING company's expansion into premium stainless steel SS SHEET solutions WHY IT MATTERS Strengthens brand Supports sustainable Broadens the recognition domestically growth [Showing first 8,000 characters — download PDF for full document]