Slide 1: Exchange filing cover letter: 41st AGM Presentation
September 8, 2026 The Manager - Listing Department, The General Manager - Listing Department, National Stock Exchange of India Limited, BSE Limited Exchange Plaza, NSE Building, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai- 400 001 Mumbai- 400 051 SYMBOL : POLYP
Slide 2: 2025-26 Annual General Meeting of Shareholders
Polyplex Corporation Limited 2025-26 Annual General Meeting of Shareholders September 08, 2026 Building Resilience, Creating Long-Term Value 1
Slide 3: Polyplex at a Glance
Polyplex at a Glance ◼ Integrated and diversified manufacturer of polymeric film substrates including BOPET, BOPP, CPP and Blown PP / PE ◼ Wide offering of specialty, innovative and differentiated products across a variety of packaging, electrical & electronic and other industrial applications ◼ Uni
Slide 4: Financial Performance – Snapshot
Financial Performance – Snapshot India Rating & Research IND AA- with Stable Superior Value Creation Over the Years… (FY 25-26) (Q1 FY 26-27) $801mn $65mn $238mn $38mn Normalized Normalized Revenue# Revenue# EBITDA* EBITDA* 8% 16% Normalized 3% Normalized 16% EBITDA* ROCE1 EBITDA* ROCE1 Margin Margi
Slide 5: Success Enablers
Success Enablers Polyplex’s Distinctive Competitive Advantage Global and Integrated Diversified and Multifarious and Demanding Manufacturing Set-up Differentiated Product Customer Base Served by Portfolio an International Sales & Distribution Network Well placed to deliver sustained growth Wide rang
Slide 6: A Self-Contained Integrated Manufacturing Capacities Across Geographies
1 A Self-Contained Integrated Manufacturing Capacities Across Geographies Ability to provide a comprehensive suite of products in each manufacturing location and an entrenched sales & distribution network in major demand centers ensure a reliable supply chain Resin Base Films Value Added Films Mecha
Slide 7: Integrated Manufacturing Has Broadened Product Portfolio
1 Integrated Manufacturing Has Broadened Product Portfolio Base Film Lines with Upstream PET Resin Plants and Downstream Capabilities ◼ The only global player with resin plants at all manufacturing locations ◼ Forward integration provides ability to undertake one or more downstream processes on the
Slide 8: Increasing Contribution of D-PAC Sales
2 Increasing Contribution of D-PAC Sales Continued Increase in D-PAC Volumes… …Resulting in Growth of Incremental1 D-PAC EBITDA 371 0.93 0.89 0.91 0.81 0.95 360 338 343 263 268 244 239 $132 $89 $10 62 $47 $65 $61 $85 $83 $95 $87 92 94 104 108 30 $28 -$6 -$22 -$22 FY23 FY24 FY25 FY26 Q1FY27 Annualise
Slide 9: Global and Well-Diversified Customer Base
3 Global and Well-Diversified Customer Base Deep-Rooted Relationships with Key Customers Spanning Over 20 Years ◼ Tier I supplier to leading global and regional converters who cater to global CPGs / OEMs ◼ Strong manufacturing and distribution capabilities helps capitalize on the increasing preferen
Slide 10: Continued Focus on Operational Efficiencies and Costs
4 Continued Focus on Operational Efficiencies and Costs Superior Utilization Relative to Industry Polyplex has consistently improved capacity utilization through debottlenecking and outperformed the industry (Thin BOPET Film utilization) 100% 99% 99% 99% 98% 96% 110% 300 92% 87% 240 90% 180 67% 83%
Slide 11: Sustainability, People & Governance
5 Sustainability, People & Governance ESG agenda supporting responsible and resilient growth ENVIRONMENT SOCIAL GOVERNANCE • Renewable energy investments • Strong focus on occupational • Honesty, integrity and ethical across Thailand, Turkey, health & safety and continuous conduct across stakeholder
Slide 12: Key Attributes of the Business Model Creates a Natural Hedge Against Industry Volatility
Key Attributes of the Business Model Creates a Natural Hedge Against Industry Volatility Global S&D Network => diversified Global – local manufacturing and fragmented customer base; => cater to local market optimized market mix to improve needs margins Diversified portfolio Integrated manufacturing
Slide 13: Polyplex Has Consistently Generated Superior and Stable Gross Margins
Polyplex Has Consistently Generated Superior and Stable Gross Margins Relative to the Industry VA Stability Polyplex’s strength as a diversified and specialty - focused business enables it to achieve steadier gross margins 1.30 160 1.11 1.09 1.25 1.05 1.09 1.02 140 1.10 1.00 1.01 1.00 0.95 0.92 114
Slide 14: PDPL Acquisition – Strengthening Polyplex’s position in the Digital Print Media Segment
PDPL Acquisition – Strengthening Polyplex’s position in the Digital Print Media Segment What PDPL brings Why it fits Polyplex Value creation priorities • Digital Print Media business • Accelerates Value Added / • Broader product portfolio covering polyester, paper and Specialty product strategy • Cu
Slide 15: Resilience Through Geopolitical & Supply-Chain Volatility
Resilience Through Geopolitical & Supply-Chain Volatility Global Diversification Driving Operational Continuity and Margin Resilience Financial Impact & Margin Trajectory Polyplex Advantage Global Diversification – Wide geographic The Headwinds The Tailwinds presence helps us stay resilient, minimiz
Slide 16: Significant Value Creation Potential Ahead
Significant Value Creation Potential Ahead Self-Funded Business Model with Several Growth Drivers in Place With a net cash positive balance sheet, strong financing capability and a deeply embedded global sales and distribution network, the platform is capable of self-funding investments needed to dr
Slide 17: Disclaimer
Disclaimer • This presentation may contain forward-looking statements which are based on the Company’s current expectations and estimates about the industry, management’s beliefs and various other assumptions. These forward-looking statements are subject to various risks, uncertainties and other fac
Slide 18: Thank You
Thank You Polyplex Corporation Limited B-37, Sector-1, NOIDA Distt. Gautam Budh Nagar Uttar Pradesh-201 301 Board:+91.120.2443716-19 Fax:+91.120.2443724 BSE (scrip code) : 524051 NSE (symbol) : POLYPLEX ISIN : INE633B01018 Polyplex India 17