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Earnings presentation-Q3 2026Huhtamaki India LimitedKamal TanejaManaging Director Amit GuptaChief Financial Officer1 October 30, 2026 Earnings Presentation July-September 2026
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Information presented herein contains, or may be deemed to contain, forward-looking statements. These statements relate to future events or Huhtamaki India Limited's (the Company) future financial performance, including, but not limited to, strategic plans, potential growth, expected capital expenditure, ability to generate cash flows, liquidity and cost savings that involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. By their nature, forward-looking statements involve risks anduncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Such risks and uncertainties include, but are not limited to: (1) general economic conditions such as movements in currency rates, volatile raw material and energy prices and political uncertainties; (2) industry conditions such as demand for the Company’s products, pricing pressures and competitive situation; and (3) the Company’s own operating and other conditions such as the success of manufacturing activities and the achievement of efficiencies therein as well as the success of pending and future acquisitions and restructurings and product innovations. Future results may vary from the results expressed in, or implied by, forward-looking statements, possibly to a material degree. All forward-looking statements made in this presentation are based on information currently available to the management, and the Company assumes no obligation to update or revise any forward-looking statements. Nothing in this presentation constitutes investment advice and this presentation shall not constitute an offer to sell or the solicitation of an offer to buy any securities or otherwise to engage in any investment activity Disclaimer 2 October 30, 2026 Earnings Presentation July-September 2026
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Advancing safety excellence with Zero TRI in Q3’ 26 3 October 30, 2026 Earnings Presentation July-September 2026 Safety remains our foremost priority and is fully aligned with Huhtamaki Group’s zero-harm ambition. Our structured and behavioural safety practises reinforce a culture where safety is embedded into daily operations rather than treated as a compliance requirement.•Achieved ZeroTotal Recordable Incidents (TRI) in Q3’ 26•We continue to improve 12-month rolling TRIR•We focus on leading indicators like near miss (NM) and preventive safety observations to drive safe environment
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Topline and volume growth momentum maintained 4 October 30, 2026 Earnings Presentation July-September 2026 •Market environment and impact–We continue to successfully manage current geopolitical disruptions, ensuring uninterrupted supply of materials, and products to our customers–Revenue growth driven by healthy mix of volume growth and pricing offsetting raw material inflation–EBIT before exceptional items stood at 521 MINR remaining broadly in line with the corresponding period of last year (Up 18% on a comparable base excluding one timers). •Financial performance change YoY–Net sales increased by 23.7%–EBITDA and EBIT higher by 1.2% and 0.1% respectively–PAT lower by 19.1% due to impact of 96 MINR restricting cost for closure of Baddi plant to improve operational efficiency, optimize costs, and enhance long-term competitiveness
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Recognized with 3 IFCA STAR Awards The awards highlight innovations in design for recycling, material efficiency, performance and consumer appeal.•blueloop OmniLock Smart PE Awarded for a design for recycling mono-material stand-up pouch for beverage powders, delivering high barrier performance and pack integrity while supporting recyclability. •blueLite Recognized for a foil-free high barrier laminate for tomato ketchup sachets, helping reduce material complexity while maintaining product protection and operational efficiency. •Metallic Premium Tactile & Texture Label Awarded for a premium metallic label that combines advanced print and finishing technologies to create a distinctive shelf presence and elevate the consumer experience with embedded tactile & texture features and enhanced durability.5 October 30, 2026 Earnings Presentation July-September 2026
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Financial review6 October 30, 2026 Earnings Presentation July-September 2026
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Strong revenue growth with stable profitability amid cost pressures 7 October 30, 2026 Earnings Presentation July-September 2026 •Q3’26 net sales grew by +23%, driven by healthy mix of volume growth and pricing offsetting raw material inflation •EBIT before exceptional items stood at 521 MINR remaining broadly in line with the corresponding period of last year (up 18% on a comparable base excluding one timers)•9M-26 includes a non-recurring 88 MINR depreciation adjustment for prior year, partly offset by a 22 MINR deferred tax benefit•As part of PS Labels footprint optimization initiative, restructuring costs of 96 MINR, has been recognized as an exceptional item in Q3 and 9M-26.*Excluding exceptional item MINRQ3 26Q3 25Change vs.Q3 259M -269M-25Change vs.9M-25Sale of products and services7,4816,049 23.7 %20,704 17,899 15.7 %EBITDA656649 1.2 %2,042 1,639 24.6 %EBITDA %8.8%10.7%9.9%9.16%EBIT521 521 0.1 %1,528 1,253 22.0 %EBIT %7.0%8.6%7.4%7.0%Finance Cost31 29 -6.0 %100 90 -11.1 %Profit/(Loss) before Tax*490 492 -0.3 %1,429 1,163 22.8 %Profit/(Loss) before Tax394 492 -19.8 %1,333 1,173 13.6 %Profit/(Loss) for the period297 368 -19.1 %991 879 12.8 %Earnings in Rs. Per share*4.894.87 0.4 %14.0711.54 21.9 %Earnings in Rs. Per share3.944.87 -19.1 %13.1211.63 12.8 %
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Maintaining profitable growth momentum 8 October 30, 2026 Earnings Presentation July-September 2026 Net Sales (MINR) EBIT (MINR) and EBIT margin (%) *Excluding exceptional itemQ1 – Mar quarter, Q2 – June Quarter, Q3 – Sept Quarter and Q4 – Dec Quarter
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Safety and Sustainability9 October 30, 2026 Earnings Presentation July-September 2026
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Advancing safety and sustainability across operations 10 October 30, 2026 Earnings Presentation July-September 2026 People Pillar Safety as a license to operateClimate Pillar Focus on increased climate ambitionNature PillarFocus on waterProduct Pillar Promoting circularity •Expanded use of recycled content in packaging to support circularity.•Enhanced resource efficiency through packaging lightweighting initiatives•3 label plants and the Khopoli facility are FSC-certified, reinforcing our commitment to sustainable sourcing.•Enhanced risk assessment and control framework with increased focus on early fire prevention indicators•Continued emphasis on behavioural safety through leadership engagement and proactive near-miss reporting•Khopoli solar captive generation commenced in Aug'26, increasing renewable electricity share to 22% in Q3•Decarbonization roadmap finalized to support delivery of 2030 Scope 1 & 2 emission reduction commitments•Energy efficiency programs being implemented across all manufacturing sites•Multiple plants, including Khopoli, Rudrapur, and Silvassa, continue to maintain Zero Liquid Discharge (ZLD) through water treatment and reuse.•Taloja implemented MVR technology to enhance wastewater recycling and water conservation.•Rainwater harvesting and groundwater recharge initiatives have been strengthened across facilities.
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11 October 30, 2026 Earnings Presentation July-September 2026For further information, please contact us:investor .communication@huhtamaki.comhttps://www.huhtamaki.com/en-in/flexible-packaging/investors
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Thank You