Investor Presentation

Date: July 06, 2026 Listing Compliance Department Listing Compliance Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street, Exchange Plaza, C-1 Block G, Mumbai - 400 001 Bandra - Kurla Complex, Bandra (East) Mumbai - 400 051 SCRIP CODE: 544333 SYMBOL: SETL Dear Sir/Madam, Sub: Investor Presentation in connection with the Company's strategic investment in GL HAKKO Co., Ltd., Japan. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investor Presentation in connection with the strategic investment by STANDARD ENGINEERING TECHNOLOGY LIMITED (formerly known as Standard Glass Lining Technology Limited) (“Company”) in GL HAKKO Co., Ltd., Japan. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For STANDARD ENGINEERING TECHNOLOGY LIMITED (Formerly known as Standard Glass Lining Technology Limited) Kallam Hima Priya Company Secretary & Compliance Officer Encl: A/a Standard Engineering Technology Limited (Formerly known as Standard Glass Lining Technology Limited) Registered Office: D-12, Phase -I, IDA Jeedimetla, Hyderabad-500055 Corporate Office: 10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad-500085 Manufacturing Unit: Survey No. 42/A, Alinagar, Chetlapotharam Village, Gaddapotharam, SangaReddy-502319 CIN: L29220TG2012PLC082904 Email: corporate@standardengtech.com Website: www.standardengtech.com Tel: + 040 3518 2204 STANDARD ENGINEERING TECHNOLOGY LIMITED BSE: 544333 Strategic Equity Investment in GL HAKKO, Japan A primary capital infusion into a global leader in advanced glass-lined process equipment 70 yrs 20,000+ India's No.1 GL Hakko heritage since 1955 Units delivered globally End to End Engineering Solutions - SETL JULY 2026 INVESTMENT HIGHLIGHTS Why this matters for every SETL shareholder Disciplined, phased entry Vision to Become Global leader in Glass Lining market 19% now, right to reach 51% in 2–3 years — at the same locked-in per- A direct step toward SETL becoming India's largest glass-lined equipment share valuation, protecting SETL from paying up for its own success. manufacturer in FY27. Technology with no direct equivalent Built on a proven relationship Conductivity glass, shell-and-tube glass-lining and semiconductor-grade 10 years as partners, not strangers — de-risking integration versus a cold glass — proprietary capability unmatched globally. acquisition. A ~$3.5 Bn+ combined addressable market Spanning core GL equipment, heat exchangers and the fast-growing semiconductor wet-chemicals segment. STRATEGIC EQUITY INVESTMENT IN GL HAKKO, JAPAN SETL · BSE: 544333 THE TRANSACTION A phased, valuation-locked pathway to majority PHASE 1 · NOW PHASE 2 · 2–3 YEARS ₹70 Cr ₹116.7 Cr 19.19% initial equity stake +31.88% → 51.07% aggregate Primary capital infusion, funded entirely from SETL's internal Right to lift holding upto 51% stake at the same per-share accruals — no external debt required. valuation locked in today. Subject to definitive agreement documentation and applicable regulatory approvals. STRATEGIC EQUITY INVESTMENT IN GL HAKKO, JAPAN SETL · BSE: 544333 WHY GL HAKKO Building global leader in glass-lining technology & R&D GL Hakko is already one of our most important glass-lined equipment partners — and is becoming India's largest GL equipment manufacturer. This acquisition is our platform to step globally, anchored by GL Hakko's unique technologies and R&D depth. Core GL Equipment Shell & Tube Heat Exchangers India ₹1,400–1,800 Cr · Global $2.0–2.5 Bn India ₹2,000 Cr · Global $2 Bn SETL is already one of India's largest GL equipment manufacturers — GL Hakko Glass-lined shell-and-tube exchanger technology — a unique technology with GL adds the technology depth to go global. Hakko. Conductivity Glass Technology Low-Leaching, High-Corrosion Glass Safety-critical · unique to GL Hakko $3.6–4.8 Bn → $6–7 Bn by early-2030s Discharges static build-up in pharma GL equipment, raising plant safety. Already Purpose-built for the fast-growing semiconductor wet-chemicals market — a high- supplied to major players in Europe & China, and — via our collaboration — to growth adjacency. Indian clients with strong response. Post-acquisition, we plan to expand supply to US & European players. Plus: pharma & high-temperature glass technology, and further proprietary R&D underway — broadening the technology bench. STRATEGIC EQUITY INVESTMENT IN GL HAKKO, JAPAN SETL · BSE: 544333 USE OF PROCEEDS Fresh capital, deployed into capacity The primary infusion flows into GL Hakko — not to existing shareholders — earmarked for capex that expands manufacturing capacity and long-term capability. Glass-lined Shell & Tube Heat Exchangers Semiconductor-Grade Process Equipment Specialised equipment for semiconductor-grade chemical processes, a fast- Scaling capacity for advanced glass-lined shell-and-tube exchangers growing high-purity segment. Clean Room for GL Equipment Assembly Long-Term Manufacturing Capability A dedicated clean room for assembling glass-lined equipment — raising Broader capacity and capability that underpin GL Hakko's long-term growth contamination control and quality. trajectory. STRATEGIC EQUITY INVESTMENT IN GL HAKKO, JAPAN SETL · BSE: 544333 OU R FACI LI TI ES GL Hakko manufacturing plant — Nakatsu, Japan GL HAKKO Co., Ltd. • 1136 Korenori, Nakatsu-shi, Oita 871- 0003, Japan Automated glass-lining line High-capacity annealing furnace THE JOURNEY From minority to majority, in 2–3 years A phased path to ownership — and Southeast Asia leadership in glass lining. STEP 1 · NOW STEP 2 · 2–3 YEARS STEP 3 · THEN 19% strategic stake Double revenue to ₹400 Cr 51% majority stake Work closely with the GL Hakko team and put SETL's Acquire the remaining stake to become majority Scale GL Hakko's revenue building a stronger manufacturing facility to full use — deep operational shareholder — uniting SETL's manufacturing scale business ahead of the step-up. alignment from day one. with GL Hakko's R&D. Vision: SETL becomes the Southeast Asia leader in glass lining — combining SETL's manufacturing capability with GL Hakko's glass-lining R&D. STRATEGIC EQUITY INVESTMENT IN GL HAKKO, JAPAN SETL · BSE: 544333 ONE VISION, TWO SCALES Lab-scale R&D to full-scale plant — one complete solution AGI GROUP SETL – Parent company of GL Hakko India's largest — pilot to plant 2nd-largest shareholder in SETL, after promoters • India's largest product portfolio in manufacturing equipment for • Global market leader in lab-scale all-glass equipment, with pharma, chemical, and food & beverage — pilot-plant to main-plant subsidiaries spanning multiple international markets. scale. • GL Hakko is custodian of proprietary glass-lining IP, leading R&D & • On track to become the largest glass-lining company in India by FY27. engineering. • Full plant-level equipment, commercial deployment & turnkey delivery. Synergy Combined vision: a complete solution from R&D / lab-scale all-glass equipment to full-scale plant-level equipment — including turnkey delivery of both, with common sales personnel unlocking shared client access across scales. STRATEGIC EQUITY INVESTMENT IN GL HAKKO, JAPAN SETL · BSE: 544333 GL HAKKO · HERITAGE Seven decades of glass-lining leadership 1955 1987 2021 2026 Founded as an industrial trading Won the Ichimura Prize for a glass- Joined AGI Group; renamed GL Hakko New heat exchanger plant company (Yawata Steel) lined multi-tube heat exchanger 1968 2005 2023 Entered glass-lining equipment Fully specialised in glass-lining Invested in Standard Glass Lining manufacturing equipment Technology, India Now anchored by the SETL partnership — carrying proprietary glass-lining technology to global pharmaceutical, chemical and semiconductor markets. STRATEGIC EQUITY INVESTMENT IN GL HAKKO, JAPAN SETL · BSE: 544333 GL HAKKO · PRODUCT RANGE A full portfolio of glass-lined process eq [Showing first 8,000 characters — download PDF for full document]