FY2020 August 2020 Cautionary Statement and Disclaimer The views - PowerPoint PPT Presentation

FY2020 August 2020

Cautionary Statement and Disclaimer The views expressed here may contain information derived from statement involves risk and uncertainties, and that, although we publicly available sources that have not been independently verified. believe that the assumption on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking No representation or warranty is made as to the accuracy, statement based on those assumptions could be materially completeness, reasonableness or reliability of this information. Any incorrect. forward looking information in this presentation including, without limitation, any tables, charts and/or graphs, has been prepared on the basis of a number of assumptions which may prove to be This presentation is not intended, and does not, constitute or form incorrect. This presentation should not be relied upon as a part of any offer, invitation or the solicitation of an offer to recommendation or forecast by Vedanta Resources plc and Vedanta purchase, otherwise acquire, subscribe for, sell or otherwise dispose Limited and any of their subsidiaries. Past performance of Vedanta of, any securities in Vedanta Resources plc and Vedanta Limited and Resources plc and Vedanta Limited and any of their subsidiaries any of their subsidiaries or undertakings or any other invitation or cannot be relied upon as a guide to future performance. inducement to engage in investment activities, nor shall this presentation (or any part of it) nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or This presentation contains 'forward-looking statements' – that is, investment decision. statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' or 'will.' Forward – looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a environmental, climatic, natural, political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. We caution you that reliance on any forward-looking 2 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION

Contents Section Presenter Page FY20 Review & Business Update Sunil Duggal, CEO 4 Financial Update Arun Kumar, CFO 14 Appendix 20 3 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION

FY2020 FY2020 Review & Business Update Sunil Duggal Chief Executive Officer

UNITED AGAINST COVID-19 Supporting Government Supporting Nation Employee Safety & ▪ Contributed ~$14mn to PM Cares ▪ Provided >900,000 meals to Welfare daily wage earners. ▪ Sets up ~$14mn corpus for daily ▪ Global Standards to Manage workers, preventive healthcare & ▪ Supported 13,500 fisherman Health & Hygiene at welfare of employees & contract families. Workplace. partners. ▪ Distributed ~39,000 dry ▪ ▪ Strict adherence to WHO Contributed ~$2.4mn to packets to local communities. standards. Rajasthan, Odisha, Tamil Nadu, ▪ Feeding >50,000 stray animals Karnataka, Goa and Punjab ▪ Interpersonal distancing in daily. Government. place. ▪ Distributed ~590,000 mask to ▪ Balco Hospital has set isolation ▪ Extensive cleaning at all communities & Government. ward and 100 bed hospital in facilities and workplaces. ▪ Supported District Hospitals Korba. ▪ Quarantine areas on site. with surgical masks & gloves. ▪ Cairn Centre of Excellence (CCoE) ▪ Established 24*7 health ▪ Imported 23 PPE machines in in Jodhpur handed over to helpline for employees and collaboration with Ministry of district administration as their family members. Textiles, manufacturing 5,000 quarantine facility with 20 bed PPEs daily. capacity. 5 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION

Vedanta Work Readiness in COVID-19 Continuous monitoring of workforce for signs of COVID-19 symptoms Elimination Stay Home Robust business continuity Substitution Work Remotely plan in place Sanitize Engineering Controls Implemented wide ranging frequently controls across operations Administrative Practice Social Controls Distancing Use of PPEs, alcohol based Sanitize sanitizer and mask is compulsory PPE frequently Established flexible, remote working plan for employees 6 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION

Heading Towards – Zero Harm, Zero Waste, Zero Discharge Safety Program Update Environment Update ▪ ~7 million m 3 of water savings Increased focus on isolation procedures & ▪ Water 2 fatalities in Q4 adequate infra-in-place to prevent repeats conservation over three years ▪ Guidance Note of VFL developed Visible felt leadership ▪ VFL part of each leader’s annual KPI ▪ GHG 13.83% reduction in GHG Management emissions intensity from 2012 ▪ Enhanced bow-tie risk assessments Controls-in-place for baseline; ~9 million TCO 2 e in ▪ Update of the Permit to Work System safety critical tasks avoided emissions ▪ Review of BP pre-qualification, on-boarding ▪ Fly Ash >100% fly-ash utilization for and monitoring process Business partner 2 nd year running ▪ Management Cross-functional committee established to engagement aid BP enhance their safety deliverables Fatality LTIFR Water Consumed & Recycled Waste Recycling (mMT) (m 3 ) (High Volume Low Toxicity) 278 280 279 258 14 0.67 17 17 12 15 14 14 13 13 0.47 9 0.46 0.39 7 7 0.34 8 74 74 67 68 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY17 F718 FY19 FY20 Generation Recycled Consumed Recycled 7 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION

Contributing to the communities Flagship Programs Benefitting the lives of 3.26 million people across 868 villages 1302 th Nand Ghar established in 4 states Healthcare Drinking Water and Sanitation Nearly 1.9 Million people benefited Nearly 388,000 people benefited > 35 Initiatives 24 Initiatives Children’s Well -being and Community Infrastructure Education >200,000 people and 4,000+ Football Academy families benefited Nearly 300,000 Children Benefited > 20 Initiatives >50 Initiatives Women’s Empowerment Sports & Culture >48,000 Women benefited 97,000 sports persons and culture > 15 Initiatives enthusiasts benefitted >3,100 Self Help Groups > 20 Initiatives 250+ Micro - Enterprises Vedanta Medical Research Foundation Environmental Protection Agriculture and Animal & Restoration Husbandry >90,000 people benefited > 159,000 saplings planted and under maintenance > 12 Initiatives 8 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION

Zinc India: Strong Foundation Driving Growth Performance Update Year of Achievements Quarter Performance: Rampura Agucha ▪ MIC Production 249kt, up 6% q-o-q and 2% y-o-y ▪ All major projects for 1.2 Mtpa MIC ▪ Metal Production 221kt, up 1% q-o-q and down 3% y-o-y capacity completed ▪ ▪ Silver Production 168 tonnes, up 12% q-o-q and down 12% y-o-y Achieved ore production run rate of 4.5 Mtpa ▪ COP at $997/t, down 7% q-o-q and up 4% y-o-y ▪ Ore production up 18% ▪ MIC production up 6% Full Year Performance: ▪ MIC Production 917kt, marginally down 2% Zawar ▪ Metal Production 870kt, down 3% ▪ Record MIC production up 26% - Silver Production 610 tonnes, down 10% Ore production up 14% - ▪ COP at $1,047/t, up 4% Ore grade up 3% - Metal in Concentrate and Metal Production 936 Dry tail plant commissioned - 917 894 870 MIC Metal 245 249 227 235 219 221 Sindesar Khurd ▪ Shaft ramp up completed Q4 FY19 Q3 FY20 Q4 FY20 FY19 FY20 9 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION

Zinc International: Gamsberg Positioning for Long Term Value Creation Performance Update Gamsberg Quarter Performance: Quarter Performance: ▪ ▪ Production at 57kt, down 5% q-o-q and up 7% Production at 30kt with best ever production of y-o-y 13kt in Jan ▪ COP at $1,784/t, up 13% q-o-q and 20% y-o-y ▪ COP at $1,484/t ($892/t excl TCRC), up 4% q-o-q Full Year Performance: Full Year Performance: ▪ Production 240kt, up 63% ▪ Production ramped up to 108kt ▪ COP at $1,665/t, down 13% ▪ COP at $1,445/t ($915/t excl TCRC) ▪ Skorpion mining will go under care and maintenance from April 2020 onwards Production and COP Consolidated Production and COP 1,477 1,484 1,445 1,420 1,397 240 1,912 1,784 1005 1,488 961 915 892 833 1,665 148 1,580 60 57 54 23 24 31 30 108 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 FY20 Q4 FY19 Q3 FY20 Q4 FY20 FY19 FY20 MIC (kt) Cost Excl TCRCs($/t) Cost ($/t) MIC (kt) Cost ($/t) 10 VEDANTA RESOURCES LIMITED – FY2020 INVESTOR PRESENTATION