Slide 1: Regulation 30 filing cover letter for AGM presentation
September 15, 2025 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 : POLY
Slide 2: Polyplex Corporation Limited 2024-25 Annual General Meeting of Shareholders
Polyplex Corporation Limited 2024-25 Annual General Meeting of Shareholders September 15, 2025 1
Slide 3: Polyplex at a Glance
Polyplex at a Glance ◼ Integrated and diversified manufacturer of plastic film substrates including BOPET (thin & thick), BOPP, CPP and Blown PP / PE ◼ Wide offering of specialty, innovative and differentiated products across a variety of packaging, electrical & electronic and other industrial appli
Slide 4: Success Enablers
Success Enablers Polyplex is the ONLY Player to Combine Key Attributes… …Resulting in Resilient and Superior Margins Global and Integrated Diversified and Multifarious and Demanding Differentiated Product Customer Base Served by Manufacturing Set-up an International Sales & Portfolio Distribution Ne
Slide 5: 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 6: 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 7: 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 KMT (films) Incremental EBITDA for D-PAC ($ / kg) EBITDA ($ million) 0.81 0.93 0.89 0.91 0.87 360 338 343 323 $186 $132 268 244 239 229 $89 $47 $61 $110 94 92 94 104 65 $76
Slide 8: 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 9: 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) 320 99% 100% 99% 99% 99% 98% 96% 110% 91% 260 90% 200 74% 83%
Slide 10: Polyplex Has Consistently Generated Superior and Stable Gross Margins
5 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 1.09 1.11 1.09 1.25 1.05 140 1.10 1.00 1.01 1.00 0.95 0.92 0.84 0.
Slide 11: Pioneer in Sustainable Products and Processes in the Industry
6 Pioneer in Sustainable Products and Processes in the Industry Strong Commitment Towards Sustainability Focused Innovative Solutions PWMR Rules in India are substrate agnostic and mandate usage of recycled content - rPET is the only available recyclate which is food compliant and cost effective ◼ S
Slide 12: 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 13: Investment Under Implementation
Investment Under Implementation Key Investment Rationale Projects Location Capital Cost Likely Start Up (In USD million) New BOPET Film Line India 57.6 H2 FY 26-27 Other Projects India 11.7 Upto Q3 FY 26-27 Other Projects Overseas 14.7 Upto Q4 FY 25-26 Total 84 Investment rationale: India BOPET Film
Slide 14: Impact of US Reciprocal Tariffs
Impact of US Reciprocal Tariffs Duty Structure – Plain PET Film Major Countries of Existing New Total Export to USA Normal Duty AD+CVD Reciprocal Duty# Bahrain 0.0% 0.0% 10.0% 10.0% Brazil 4.2% 0.0% 50.0% 54.2% China 29.2% 31.2% - 76.2% 30.0% 90.4% - 135.4% India* 4.2% 3.5% - 146.9% 50.0% 57.7% - 20
Slide 15: 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 16: 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:+91.120.2443723 & 24 BSE (scrip code) : 524051 NSE (symbol) : POLYPLEX ISIN : INE633B01018 Polyplex India 15