Gmm Pfaudler Limited · NSE:GMMPFAUDLR
Gmm Pfaudler — Merger or Acquisition (August 2022)
12 slides from Gmm Pfaudler's merger presentation, Aug 4, 2022
Slide 1: GMM Pfaudler Ltd to Increase Stake in GMM International S.a.r.l to 100%
GMM pe NGA. C Praudier GMM Pfaudler Ltd to Increase Stake in GMM International S.a.r.| to 100% INVESTOR PRESENTATION AUGUST 4, 2022
Slide 2: Disclaimer
— Disclaimer This presentation has been prepared by GMM Pfauoler Limited (the Company’) and forms a part of its intellectual property which is solely for the purposes of your general information and shall not be taken away, distributed, reproduced, or redistributed or passed on, directly or indirect
Slide 3: Background
— Background ‘On August 20, 2020, GMM Pfaudler Limited (GMMP) announced the acquisition of 54% stake in GMM | International S.a.r.l (GMMI) (Original Transaction) which closed on February 1, 2021 , ' The Original Transaction was the first step towards a full acquisition of GMMI. The decision to do a
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Slide 5: GMMI Performance
— GMMI Performance wee Earlier than expected improvement in business performance I. Turnaround of operations — improved profitability Il. Strong order book across business verticals Ill. Synergies from operational excellence, value sourcing and cross selling gaining momentum Figures in % crore REVEN
Slide 6: Valuation Consideration
— Valuation Consideration — PROPOSED VALUATION OF GMMI — (S$ million) Original Transaction Proposed Transaction [igumm’£e] (Veet ates) EBITDA* 14.6 25.7** KPMG has issued a valuation report for the purpose of the Factor 10.4 6.6x Proposed Transaction Enterprise Value 151.8 168.3 Axis Capital Ltd has
Slide 7: Shareholding Structure
— Shareholding Structure === GMMI will become a wholly-owned subsidiary of GMMP GMMP will acquire the balance 46% stake in GMMI - 26% held by Millars Concrete Technologies Pvt. Ltd. (Patel family) and 20% held by Pfaudler International S.4.r.I (DBAG Fund VI) — Current Ownership Structure — Proposed
Slide 8: Rationale
— Rationale BUSINESS SLU S 2 PERFORMANCE 4 No integration risks Earlier than expected mnplifi improvement in business i ini Simpifiee EPS accretive performance Synergies gaining momentum structure ns (-12% LTM June 2022) Recent acquisition and joint Record high backlog venture will further improve b
Slide 9: Indicative Timelines
— Indicative Timelines Sr. No. Key Activities Timelines* 1 Audit Committee and Board approval On August 4, 2022 2 Extraordinary General Meeting On September 1, 2022 3) Receipt of FDI approval in UK On or before September 26, 2022 4 Cash consideration to be paid By September 30, 2022 8 Transfer of GM
Slide 10: Annexures
GMM LpFaudier— ANNEXURES
Slide 11: Shareholding Changes of GMM Pfaudler Ltd
— Shareholding Changes of GMM Pfaudler Ltd Particulars August 2020 Current Proposed Public 25.00% 45.05% 43.94% DBAG Fund VI 50.44% 32.68% 31.88% Patel Family 24.56% 22.27% 24.18% Total 100.00% 100.00% 100.00% GMM —J " ce Pfaudler
Slide 12: Thank you
con Proud dler J Investor Relations Contact Priyanka Daga Anuj Sonpal DGM Strategic Finance, GMM Pfaudler Ltd Valorem Advisors investo mmpfaudler.com gmmpfau THANK YOU