Corporate Presentation

February 2023
 Forward Looking and Cautionary Statement

Certain statements in this report concerning our future growth prospects are forward looking statements, which involve a
number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking
statements. The risk and uncertainties relating to these statements include, but are not limited to risks and uncertainties
regarding fluctuations in earnings, our ability to manage growth, intense competition within Steel industry including those
factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled
professionals, time and cost overruns on fixed-price, fixed-time frame contracts, our ability to commission mines within
contemplated time and costs, our ability to raise the finance within time and cost client concentration, restrictions on
immigration, our ability to manage our internal operations, reduced demand for steel, our ability to successfully complete and
integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which the
Company has made strategic investments, withdrawal of fiscal/governmental incentives, impact of regulatory measures,
political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our
intellectual property and general economic conditions affecting our industry. The company does not undertake to update any
forward looking statements that may be made from time to time by or on behalf of the company.

JSW Steel Corporate Presentation: February 2023 2

 Agenda

Sustainability 5

Overview 8

Key Investment Highlights 13

Digitalisation at JSW Steel 38

Appendix 42

JSW Steel Corporate Presentation: February 2023 3

 Agenda

Sustainability 5

Overview 8

Key Investment Highlights 13

Digitalisation at JSW Steel 38

Appendix 42

JSW Steel Corporate Presentation: February 2023 4

 Sustainability Framework and Priorities
17 Focus Areas Governance & Oversight By Board-level
Business Responsibility And
Climate Change:
Biodiversity: No Net Loss for Biodiversity Sustainability Committee
• Aligned to India’s Nationally Determined
Contributions for Climate Change as per
Ms. Fiona Paulus (Chair)

Independent
Paris Accord

Directors
• Carbon neutrality at JSW Coated by 2030 Waste Water: Zero Liquid Discharge
Dr. (Mrs.) Punita Kumar Sinha
• >42% reduction in specific CO2 emissions
by 2030 (vs. base year 2005) Water Resources: >39% reduction in fresh Mrs. Nirupama Rao
water consumption by 2030 (vs. base year
Waste: 100% solid waste utilization 2005)

Executive
Directors
Mr. Seshagiri Rao M. V. S.

Resources Sustainable Social Local Indigenous Human Mr. Jayant Acharya

Mining Sustainability Considerations People Rights

Integrated Reporting
Supply Chain Employee Air Business Cultural Energy
Sustainability Wellbeing Emissions Ethics Heritage

Aligned to
National &
International
Frameworks
FY 2019 FY 2020 FY 2021 FY 2022
JSW Policies for each Focus Area are available on our website Click on images for reading online.
JSW Steel Corporate Presentation: February 2023 5
 Climate Change: Emission Target and Initiatives
Derivation of carbon emission target for 2030 Planned/ Potential initiatives to reduce CO2 intensity

• The Sustainable Development Scenario (SDS) (a) requires direct

Energy Transition from thermal to Renewable in steel making
emission intensity of crude steel production in India to fall over
60% by 2050 on the path to net zero in 2070
Reduction of Coke rate through iron ore beneficiation, PCI, use of natural gas
• The 2030 target is based on following the trajectory needed to in BF and DRI
reach a derived emissions intensity of 1.17 tCO2/tcs by 2050 (b)
Increased use of scrap in steel making
• India’s Nationally determined contribution (NDC) as per Paris
Accord for 2030 is 2.4 tCO2/tcs
3.0 Implementation of Best Available Technologies (BATs)

2.5 India NDC target Process Improvements based on the world steel ‘step up’ global
2.40 as per Paris Accord benchmarking process
2.0 1.95 JSW Steel target

1.5 Scaling up Carbon Capture & Use (CCU)

1.0
2016 2017 2018 2019 2020 2021 2022 2025 2030 2035 2040 2045 2050
JSW emissions intensity (historical) Issued Global Steel Industry’s First USD
JSW emissions intensity (projected) Sustainability-Linked Bond in Sept 2021
Trajectory to IEA SDS 2050 emissions intensity

Note:
JSW Steel Corporate Presentation: February 2023 (a) Based on the International Energy Agency’s (IEA) Iron and Steel Technology Roadmap, published in 2020
(b) Taking account of both the direct (Scope-1) and indirect energy (Scope-2) emissions
6
 Agenda

Sustainability 5

Overview 8

Key Investment Highlights 13

Digitalisation at JSW Steel 38

Appendix 42

JSW Steel Corporate Presentation: February 2023 7

 JSW Group: Key Verticals

• India’s largest steel producer • Capacity of 4.8 GW (Hydro, • Capacity of 130,000 klpa • Ports capacity of 158 mtpa
• Capacity of 29.2 mtpa, growing Renewable and Thermal) • Only fully-automated, water- • Operations across East,
to 38.5 mtpa • Growing to 20 GW by 2030 based plant in India West & Southern coasts of
• Listed on NSE, BSE. Market cap with 81% renewable portfolio India
of US$21bn • Listed on NSE, BSE. Market cap
of US$4.9bn

Foundation
• Capacity of 17 mtpa, • Social development arm • Aims at nurturing the • Early stage, tech focused
growing to 25 mtpa of the Group, with sporting dream of India Venture Capital fund
• India’s leading green footprint across 11 states • Trained Olympic medal • Invests in companies building
cement company and 15 districts winners innovative solutions that
• Reaching out to +1 mn • Associated with champion leverage India’s demographic
individuals around the teams like Delhi Capitals, dividend, consumption drivers
operating locations Bengaluru FC and and technological
Haryana Steelers advancements

JSW Steel Corporate Presentation: February 2023 Market cap as on 25th January 2023 8
 JSW Steel: Among India’s Leading Steel Manufacturers

One of the leading steel players Diversified product portfolio

Integrated manufacturing process
in India • Extensive product portfolio
• Most geographically diversified steel • From raw material processing plants
HRC, CRC, Coated, Tinplate, Electrical
company in India to downstream value-added product
steel, TMT bar, wire rod, rails, grinding
capacities
• Sustainability and Governance at the balls, LRPC, etc.
core of the enterprise.

Strong distribution network and

Technological competence export presence
Global presence
• Combination of state-of-the-art • Pan-India marketing and distribution
• International presence in Steel
steel making technologies: Corex, network
making (US), Value-added facilities
DRI, Conarc, Blast Furnace, BOF
(US, Italy) • Export footprint in over c.100
countries across 5 continents

JSW Steel Corporate Presentation: February 2023 9

 Transformational Growth and Value Creation
India Capacity (mtpa) Total Revenue (₹ 000’s Cr) EBITDA (₹ 000’s Cr)
CAGR FY02-22: 15% CAGR FY02-22: 25% CAGR FY02-22: 28%

147.9
27.7
25.8 119.0
39.0
18.0 18.0 18.0 18.0 85.0 80.4
73.4 73.9
19.0 20.1
7.8 14.8
11.9 10.6
19.5
1.6 4.2
1.6 0.3

FY02 FY10 FY18 FY19 FY20 FY21 FY22 Current FY02 FY10 FY18 FY19 FY20 FY21 FY22 9M FY23 FY02 FY10 FY18 FY19 FY20 FY21 FY22 9M FY23

Market cap (₹ Cr) 5 year and 10 year Total Shareholder Return

25%
1,75,160 22%
TSR CAGR (FY 2002-22): 29%

194
5 year TSR 10 year TSR
31-Mar-02 Current JSW Steel Peer 1 Peer 2 Peer 3

Market Cap and Total Shareholder Returns (TSR) as per Bloomberg, 25th January 2023. Peers are the major listed Indian steel producers.
JSW Steel Corporate Presentation: February 2023 Note: FY22 capacity includes 1.2 MTPA of JISPL; merger with JSW Steel announced May 2022 10
 Improving Near Term Outlook Post Recent Volatility

H1 FY23 H2 FY23 Near Term Outlook

Strong external headwinds Margins recovered in Q3 FY23;

Healthy demand drivers in India
impacted EBITDA healthy outlook for Q4

• Sharp decline in steel price after • Best ever quarterly domestic • India’s infrastructure push and
peaking in April; coking coal sales in Q3 increased govt. spending are positive
remained elevated for steel sector
• Lower costs in Q3, primarily due
• Export duties from May-Nov 2022 to lower coking coal prices
• Expected recovery in rural economy to
hurt volumes, while falling prices • Withdrawal of export duties in further boost steel demand
led to destocking in Q1 Nov’22 and increase in global
• Unrealised MTM losses on FX prices to aid exports in Q4 FY23 • China re-opening to support steel
debt due to INR depreciation demand and global prices
• Improving domestic prices to
• Inventory & NRV losses due to offset rising iron ore costs and • Moderating inflation globally could
lower steel prices support margins for Q4 reduce Central Bank tightening and
• Potential for working capital limit economic downside
reduction in Q4

JSW Steel Corporate Presentation: February 2023 11

 Agenda

Sustainability 5

Overview 8

Key Investment Highlights 13

Digitalisation at JSW Steel 38

Appendix 42

JSW Steel Corporate Presentation: February 2023 12

 Key Investment Highlights

1 Size, Scale & Growth Leading steel producer in India with near-term growth to take domestic capacity to 37 mtpa

2 Efficiency Lowest cost of conversion in India, one of the lowest globally. Strong domestic iron ore linkage

Strong margins further enhanced by significant downstream capacities producing value added and
3 Product Mix
special products

4 ESG Sustainability at the core of the enterprise. Actively pursuing climate change agenda

Governance &
5 Strong board and experienced management team
Management

Track Record of
6 Track record of efficient organic and inorganic growth: India capacity growth of 15% CAGR (FY02-FY22)
Growth

7 Shareholder Value Prudent capital allocation: 20 year TSR CAGR of 29% (FY02-FY22), and uninterrupted dividends

Balance Sheet
8 Strong balance sheet and access to diversified funding sources globally
Strength

JSW Steel Corporate Presentation: February 2023 TSR: Total Shareholder Return 13
1 Leading and Most Geographically Diversified Steel Producer in India

India International

Europe

Rajpura BPSL Chandigarh

Bawal Piombino, Italy

BPSL Kolkata
Kalmeshwar

Plate & Coil Mill, Anjar

USA
Khopoli

Vasind & Tarapur BPSL Jharsuguda: 3.5 mtpa

Dolvi: 10 mtpa Raigarh: 0.95 mtpa (JISPL) Ohio: 1.5 mtpa

Vijayanagar: 12 mtpa Raipur: 0.25 mtpa (JISPL) Plate & Pipe Mill, Baytown

Salem: 1 mtpa
Steel Plants Downstream facilities
JV and Associates- Steel Plant

JSW Steel’s ownership in Bhushan Power and Steel Ltd (BPSL) is 83.3% w.e.f. 1st Oct 2021.
JSW Steel Corporate Presentation: February 2023 JSW Steel’s ownership in JSW Ispat Special Products Ltd (JISPL) is 23.1%; announced merger with JISPL in May 2022. 14
1 BPSL- Facilities and Capacities Overview

Chandigarh Kolkata
Expansion Plan
Cold Rolled Steel Strips and Value added: CRCA, GI/GL
Precision Tubes

Crude Steel
Capacity 5.00
3.50 mtpa

Jharsugudha Netrabandha
Integrated Steel Plant with Iron Ore Mine: 82mt 3.50
Captive Power Plant Reserves
2.75

Downstream Raw Material

Capacity Iron and Steel Value Addition
Processing
1.7 mtpa
Coke Oven DRI 1.80 CRCA
Pellet Plant Blast Furnaces 2.35 GI / GL FY22 Current FY24E
Sinter Plant Steel Melting PPGI / PPGL
3.50
Captive Power Plant Shop

JSW Steel Corporate Presentation: February 2023 JSW Steel increased stake in BPSL to 83.3% w.e.f. Oct 1, 2021 15
1 Strong Fundamentals for India Steel Demand
Significant room for
Healthy Steel Demand Outlook in India
growth in steel
India Steel: Strong Fundamentals (mt) consumption in India
China, Government Capex (INR tn)# Production-Linked
Crude Steel Crude Steel Finished Steel 667 Incentive Scheme*
Capacity Production Demand 10.0

Finished steel consumption (kg per capita, 2021)

Govt. incentive ₹1.97 tn
300 7.3
5.9 Spread across 14 Sectors
4.3
3.1 3.4
717 Applications approved
Japan,
148 456
120 Estimated Capex ₹3 tn
106
FY19A FY20A FY21A FY22A FY23RE FY24BE

• Govt. thrust on infra, housing and increasing share of mfg. in GDP

US, 291
World, • Productive investments like NIP, PLI scheme and defence indigenisation to drive
FY22 FY31EFY31E 233 capex
• Robust demand from auto, residential real estate and energy transition

India, 76 • India to remain competitive exporter of steel and steel products

• JSW has industry-leading volume growth to meet rising domestic demand

Best placed Indian steel producer to benefit from strong domestic demand growth
JSW Steel Corporate Presentation: February 2023 Source: Ministry of Steel, World Steel Association (WSA)
16
*Economic Survey 2022-23; # - A- Actual, RE-Revised Estimate, BE- Budgeted Estimate
1 Near-term Growth to Take India Capacity to 37 mtpa

Near-term growth in JSW Steel’s India steel capacity (mtpa) • 5 mtpa Dolvi expansion commenced integrated
operations in FY22 and has been fully ramped-up
1 2
JISPL Vijayanagar Expansion BPSL within a year
37.0 • 5 mtpa brownfield expansion at Vijayanagar
1.5 1.50 – Value-accretive with low capex of c.$400-
1.5
500/ton
5.0
0.75 • Incremental expansion at Vijayanagar of existing
27.0 facilities to enhance capacity by further 2.5 mtpa
5.0
(1.0 + 1.5) in phases
1.20 1.0
30.5
2.75 • BPSL capacity expanded to 3.5mt (from 2.75mt);
on track to expand to 5mt by FY24
23.0
• Organic brownfield capacity expansion capex well
FY22 FY23E FY24E FY25E FY25E below global benchmarks of replacement cost of
c.$1,000/ton for BF-based capacity

Value-accretive brownfield growth at low capex per ton

1: JSW Steel’s ownership in JSW Ispat Special Products Ltd (JISPL) is 23.1%; announced merger with JISPL in May 2022.
JSW Steel Corporate Presentation: February 2023 2: BPSL crude steel capacity expanded to 3.5mtpa during Q2 FY23 17
2 One of the Lowest Costs of Conversion Globally

Resilient business model based on continued focus on cost leadership WSD Aggregate Ranking(a)

Leading position on global conversion cost curve

– Conversion cost of c.$136/tonne in FY22 # 5 ranked
in Asia
Technology, analytics and innovation continue to be
the key levers to further optimize cost and operational
efficiencies

Implementation of cost reduction projects targeting overall

cost savings and reduced dependencies
– Pellet plant and coke oven facilities at Vijayanagar and
Dolvi # 8 ranked
– Utilisation of pipe conveyor system for transporting
iron ore fines
Globally

JSW Steel Corporate Presentation: February 2023 (a) On the basis of weighted average score out of 10, across 23 different parameters from World Steel Dynamics’ World-Class Steelmaker
Rankings as of December 2022
18
2 Strong Domestic Iron Ore Linkage
13 Captive iron ore mines ensuring adequate raw material
Raw material security
supply
Steel Plants • Won 6 iron ore mines in Karnataka through auctions in 2016 and 2018, and 3
Karnataka – 9 mines Mines mines in FY20.
• c.216 MnT of aggregate JV and Associates- Steel Plant o Targeting 6-7 mtpa from the Karnataka mines
reserves • Acquired 4 iron ore mines in Odisha with c.1.1bn tonne reserves
• c.24km long conveyor belt
o Strategic long term iron ore security for Dolvi and Salem works
for seamless transport of
iron ore to Vijayanagar o Consistent and high quality iron ore grade to enhance BF productivity
plant o Opportunity to optimize and significantly reduce logistics cost over time
• Cost of captive iron ore comprises
• Bid premium based on prevailing domestic prices declared by IBM
• Royalties & other statutory levies
• Mining & logistics costs

Strengthening Mining Operations in Odisha

• Enhance mining capabilities and efficiencies
Odisha – 4 mines
– Estimated capex of ₹3,450 crore over FY22-24
• c.1,100 MnT of aggregate
• Key strategic benefits of the project
reserves
– Enhance own mining infrastructure to reduce reliance on outsourced mining
– Grinding and washing facilities to improve the quality of the ore, aiding
higher productivity at the steel-making operations
– Implement digitalization across the mining operations

JSW Steel Corporate Presentation: February 2023 19

 2 Digital Logistic Management System (DLMS) - Odisha Mines
Non-DLMS DLMS
Integration with i3MS Parking Management
1 5
Permit details generated in i3MS (Day of despatch activities)
and fetched Entry control through RFiD
authentication and Boom Barrier/
2 Integration with SAP traffic lights
DO creation in SAP 5a Parking Entry
DO-Permit Tag (DO-Tagging validation)
✓ Through FASTag reader
3 Despatch scheduling (primary)
(Day-wise despatch scheduling)
✓ Through vehicle number
• By Rail
punch (failover)
• By Road
5b Parking Exit
8 LED display to show trucks to
4 Transporter Management proceed to mines for tare
Transporter accepts permits/ DO weighment
to despatch ✓ FIFO
✓ Transporter tags i3MS 6 Mines (Tare weighbridge)
verified vehicle 7 Automated tare weighment
6
✓ Transporter checks for Proceed to loading point
proper FASTag. Flags if
FASTag not available 7 LED displays for assisting
✓ Post JSW approval of navigation from primary
5 bifurcation
tagged vehicles, transporter
tags in i3MS 8 Loading Point
Mobile app based authentication
11 Receipt at railway siding/ Geofence based authentication
plant/port 7 9 Gross Weighment
• Mobile app Automated gross weighment
• RFiD Proceed to mines exit
10
10 Mines Exit
8 eTP, eWaybill and invoice
generated
11
9

JSW Steel Corporate Presentation: February 2023 20

 Strong Margins Further Enhanced by Significant Downstream Capacities Producing
3
Value Added and Special Products

Coated Products Colour Coated Products Tin Plate

Pipes & Tubes, Roofing, Oil Can, Non-oil Can,

Appliance, Roofing, Food Cans
General Engg., Solar, Sandwich panel
Appliance, Colour Coater

Hot Rolled Products Cold Rolled Products Electrical Steel Alloy Steel Products

Construction, Infrastructure,
General Engg., Pipe & Tubes, Automotive, General Engg. Automotive, General Engg. Automotive
Yellow goods

JSW Steel Corporate Presentation: February 2023 21

3 Strong focus on building brands and increasing value added sales

• Super premium, colour coated coils & sheets, with a 20 year warranty
Colour Coated

• Premium colour coated coils & sheets, with a 15 year warranty.

• 3 variants - Cool Roof, Anti Dust & High Gloss

• High quality Al-Zn alloy & colour coated roofing sheets with anti-corrosion technology

• Superior colour coated sheets for OEM customers

• 6 variants – Anti Microbial, Anti Graffiti, Anti Dust, Anti Statics, Cool Roof and High Gloss
Galvalume

• Premium category Al-Zn coated roofing sheets & coils with 7 year warranty

• Desired weight as per customer requirements

• Corrosion protection and enhanced durability
GC

• Premium GC (galvanized corrugated) sheet with high durability

JSW Steel Corporate Presentation: February 2023 22

3 Strong focus on building brands and increasing value added sales

• Tinplate coils and sheets with high strength and formability, used in food and non-food packaging

• Al-Zn coated coils and sheets designed for complete requirement of solar structures (purlin, rafter, bracers, etc.)

• Galvanised steel that is lead free, suited for consumer durable sector with high safety and non-hazardous-material needs

• Greenpro certified TMT bars. Manufactured through primary production JSW Share of Value added products
process to ensure purity & superior quality
• Unique rib pattern that provides best bonding with cement

• Cut-to-Length HR sheets available in wide variety of sizes and grades

54% 58% 53% 48% 52% 60% 55%
35%

FY16 FY17 FY18 FY19 FY20 FY21 FY22 9M

• Steel doors designed to overcome the common issues associated with wooden FY23
doors like seasonal door jams, fire, termites and heavy-handed installation
process Value Added and Special Products Other Products

JSW Steel Corporate Presentation: February 2023 23

 3 Supporting India’s Transition To Green Energy

Rotor Blades Supplying Steel for Wind Mills

• JSW Steel is on the way to become one of the preferred and
leading suppliers to the wind sector
Nacelle
Rotor Hub • JSW currently supplies HR Plates for Tubular Tower which is
Gear box being used for Top, Middle, Bottom section and door floor.
The tower uses the maximum tonnage of steel
• JSW Steel supplied steel to ~620 MW of wind projects in FY22
and ~1.5 GW during 9M FY23

Generator Did you know..?*

The percentage of steel used in the components of a large
wind turbine assembly is as follows:
Tower • Tower: 98%
• Rotor-hub : 95%
• Rotor-blades: 5%
• Gearbox: 98%
• Generator: 20-60%
• Nacelle frame and machinery: 85%

JSW Steel Corporate Presentation: February 2023 * Association for Iron & Steel Technology, USA 24
 3 JSW Steel: Making Cars Safer for You

Focus on safer, lighter and fuel efficient cars

Door Impact beams
B Pillars • Indian automotive industry is evolving to adopt
Front Cross Member
consumer demand for 5-star rated cars for safety
• JSW Steel is working closely with auto makers to make
cars safer, lighter and fuel efficient
• JSW's AHSS (advanced high strength steel) with high
tensile strength and optimum formability enables low
cost product solution with clear edge over high cost
materials such as Aluminium & Carbon Fibre, to achieve
high safety ratings
Lower control arm
• All major crash and safety components - A & B pillars,
cross-beams, door impact beams, etc. - are being built
from JSW’s AHSS steel
• JSW has also developed steel for suspension parts,
Seat belt tongue
which require optimum fatigue life in addition to high
Seat Rails strength
Bumper Cross Member
Suspension & chassis • JSW Steel has become one of the preferred and leading
suppliers to the automotive industry

JSW Steel Corporate Presentation: February 2023 25

4 Environment: Targets and Strategy
SD Targets FY05 FY30 Targets Improvement Strategic Approach
• Transition from thermal to renewable energy
• Specific Energy • Reduction of fuel rate in BF and DRI
GCal/tcs 6.94 5.65 19%
Climate • Increased use of scrap in steel making
Change • GHG Emissions 3.39 1.95 42% • Energy efficiency and process efficiency improvements through BATs
tCO2e/ tcs • Process improvements based on the World Steel ‘Step Up’ global benchmarking
process

• Specific water • Maintaing zero liquid discharge across operations

Water consumption (steel 3.60 2.21 39% • Installation of technology for reduction of fresh water in cooling towers
Security production) (m3/tcs) • Adopting digitalisation for better water control and monitoring

• Integrated Strategy towards efficient waste management

• Specific Waste NC 677 - • Focus on ‘Zero waste to Landfill’
Waste (Kg/tcs)
• Promoting Circular Economy
• Waste Recycled (%) 62 100 38pp

• Adoption of best avialable technologies like MEROS in sintering , Oven pressure

Air • Specific process dust Control technology and CDQ in Coke Plants, TRT’s in BF
0.93 0.26 70%
Emissions emissions (Kg/tcs) • SOx & NOx emission targets for FY30 have been revised to 0.82 kg/tcs and 0.91
kg/tcs respectively

Achieve
• Biodiversity at our - ‘no net loss’ • Continue to enhance Biodiversity at all our locations and operations to acheive ‘no
Biodiversity operating sites net loss’
of biodiversity
• Increase green cover across operations

JSW Steel Corporate Presentation: February 2023 NC: Not comparable. Note: All nos. are weighted averages for Integrated Steel Plants at JSW Steel Standalone. 26
4 Health & Safety
JSW is committed to providing a safe and healthy working environment and achieving an injury- & occupational illness-free workplace.
Our vision is to achieve ‘Zero Harm’
Building a Culture of Health & Safety JSW’s Roadmap to Vision 000

Zero
Zero Zero
major
injury harm
incidents
Health & Safety Initiatives Competency Development Awards & Recognitions
• Risk Management and DuPont LTIFR
• Process Quality Assessment and • Salem Works won the prestigious
Process Safety Management
JSW CARES (Contractor “Sword of Honour” award from 0.43
implementation review at
Assessment & Rating for British Safety Council
Vijayanagar 0.36
Excellence in Safety) third party
• Wellbeing survey conducted at audit at Vijayanagar & Dolvi 0.32 0.32
Dolvi 0.26
• 14,000+ Safety E-Learning
• Skill assessment audit at Modules completed in Q3 FY23 0.20
Vijayanagar and Dolvi
• 640+ Contractors assessed during
• 94,000+ safety observations Q3
carried out in Q3 FY23
• 828 staff has undertaken safety
• 7800+ Inspections and Audits in champions program and
Q3 successfully qualified as “Safety
Champions” FY18 FY19 FY20 FY21 FY22 9M
FY23

JSW Steel Corporate Presentation: February 2023 Note: All figures are for JSW Steel’s integrated steel plants at JSW Steel standalone. 27
4 Our Communities

Key Intervention Areas Maternal and Child Healthcare Miyawaki Forest

Health & Agriculture

Nutrition

Water,
Environment & Education
Sanitation

400 bed Maternal & Child Healthcare wing at Developing a Miyawaki Forest in Salem to
Waste Skill VIMS Ballari Medical College being built by improve Biodiversity in the area and sequester
Management Development JSW in collaboration with Karnataka State carbon for long-term benefits
Government and VIMS Ballari

Art, Culture Sports 400 50,000 10,000

& Heritage Number of Beds Expected Reach Saplings planted

JSW Steel Corporate Presentation: February 2023 Note: Image above is a digital render of the proposed hospital wing 28
4 Communities: Catalysing Greater Good through Collaborations

Partnering ‘Department of Drinking Water &

Devising a first-of-its-kind Climate
Sanitation’ Govt. of India through ISC for a
Solutions Marketplace in India with ICC
PPP model in Sanitation across 2 locations

Initiated wildlife project to mitigate Human- Two year youth leadership program for
Elephant Conflict in Odisha in partnership deep insights in social development. 12
with Wild Life Research & Conservation Fellows have been selected for first
Society batch

Partnership with Rotary, SRCC & Govt. of Two startups in Waste Management
Maharashtra to support corrective working at Dolvi & Vijayanagar, focusing
surgeries for “hole-in-the-heart” among on industrial, household and organic
children waste upcycling

JSW Steel Corporate Presentation: February 2023 29

4 Sustainability Initiatives & Recognitions
‘SEED’ - Decarbonisation Initiative Recognitions

JSW Steel upgraded to CDP A climate

rating.
JSW Steel is the only manufacturing
company from India, and one of three
• Initiative at Vijayanagar for Decarbonisation steel companies globally to achieve this
• Shop-specific climate action plans with climate action centres setup topmost rating
from agile information
• Digital and tech enablers for accurate tracking, monitoring and
progress review JSW Steel joined ResponsibleSteel, the
steel industry’s first global multi-
stakeholder standard and certification
initiative
Shop-level 5
CO2 emissions baseline established; Climate action centers set up for
emissions being tracked daily agile implementation

Excellence in Sustainability Innovation

100+ >9mtpa Award by World Sustainability for
Initiatives identified with granular CO2 emission reduction Waste-to-Sand initiative at Vijayanagar
shop level climate action plans estimated by 2030

JSW Steel Corporate Presentation: February 2023 30

4 Environmental Performance
Specific Energy Consumption (Gcal/tonne) GHG Emission Intensity (tCO2/tcs) Specific Freshwater Consumption (m3/tcs)
2.75
6.59 6.56 4.13
3.79
6.38 2.59
6.24 2.52 2.50
2.49 2.60 2.41 2.45
6.04 2.37
5.90 2.37

FY18 FY19 FY20 FY21 FY22 9M FY23 FY18 FY19 FY20 FY21 FY22 9M FY23 FY18 FY19 FY20 FY21 FY22 9M FY23

Dust Emissions (kg/tcs) SOx & NOx Waste Utilization (%)

100.00
SOx (kg/tcs) NOx (kg/tcs) 98.83
0.98 0.94 0.98
2.05
1.88 1.90 1.76
1.60
1.74 92.67
1.36 1.52
1.24 1.29 1.26 1.25
0.48 0.49 0.44

FY18 FY19 FY20 FY21 FY22 9M FY23 FY21 FY22 9M FY23

FY18 FY19 FY20 FY21 FY22 9M FY23

JSW Steel Corporate Presentation: February 2023 * Note: All nos. are weighted averages for JSW Steel’s integrated steel plants at JSW Steel standalone.
9M FY23 data are yet to be third party assured.
31
5 Strong Board and Experienced Management Team

Chairperson - Emeritus Chairman and MD

Savitri Devi Jindal Sajjan Jindal

JSW-JFE partnership
Partnership overview
Executive Directors • 14.99% minority stake bought by JFE in 2010
• Access to cutting edge technologies
Seshagiri Rao M.V.S Jayant Acharya
• Operational excellence for cost reduction
Joint Managing Director Deputy Managing Director
and Group CFO • Balance Sheet deleveraging to support growth

Technology agreements benefits:

Independent Directors ✓ Access to fast growing auto steel market
Seturaman Mahalingam
✓ Technical know-how for electrical steel
Harsh Charandas Mariwala Nirupama Rao
CA, Ex-CFO of TCS, Ex member
manufacturing
Chairman of Marico, Chairman 40 years of experience as a
of Tax Admin. Reform and MD of Kaya diplomat, Ex-Foreign Secretary ✓ Short learning curve
Commission of India ✓ Application engineering
✓ New product development
Dr. Punita Kumar Sinha Haigreve Khaitan Ms. Fiona Jane Mary Paulus
✓ Benchmarking and personnel training
Former CIO at The Asia Senior Partner at 37 years of experience in
Tigers Fund M/s. Khaitan & Co resources and energy
investment banking, risk mgmt. Other benefits:
✓ Improvement in quality, productivity, yield,
Marcel Fasswald energy efficiency
Nominee Directors
Former COO & CTO of SMS ✓ Sharing best maintenance, environment and
Group, Germany Dr. M.R. Ravi, IAS Hiroyuki Ogawa safety practices
Nominee Director Nominee Director ✓ Benchmarking, training and talent sharing
of KSIIDC of JFE Steel Corporation ✓ Standardization of processes

JSW Steel Corporate Presentation: February 2023 32

6 Proven Track Record of Efficient Organic and Inorganic Growth
Combination of organic and inorganic growth
2002-2005 2006 2007 2009 2010 2011-2012

• Capacity expanded from • Capacity increased to • Capacity • 3.5 mtpa (HSM-2) • 49.3% stake in
• Capacity
1.6 mtpa to 2.5 mtpa 4.8 mtpa increased • JSW-JFE strategic Ispat industries
increased to
• SISCO(a) • 1.0 mtpa – CRM 7.8 mtpa partnership • HSM-2 capacity
3.8 mtpa
• Color coating line • Plate and pipe mill US expansion to
• Euro Ikon 5 mtpa

2017 2016 2015 2014 2013 Total

Capacity
• 74% stake in • Capacity • CRM-2 – Phase 2 • New CRM-2 – Phase I • 14.3 mtpa Of
Praxair’s(c) industrial increased to 18 • 0.2 mtpa electrical • 4 mtpa– Pellet Plant(b) capacity post 29.2
gases JV(d) mtpa steel mill • 1 mtpa– Coke Oven(b) Ispat merger MTPA
• Won 6 Iron Ore mines • Won Moitra • Welspun Maxsteel, Salav
in Karnataka coking coal mine • 50% stake in Vallabh
in Jharkhand Tinplate
2018 2019-2020 2021 2022 2023

• • Acquired 49% in BPSL through • Increased stake in BPSL to • Announced merger of JSW
• EAF-based steel plant Won 3 Iron
Ore mines in Karnataka IBC process, steel making 83.3% w.e.f. 1st October Ispat Special Products into
in Ohio, US
• Won 4 Iron Ore mines in Odisha capacity of 2.75 mtpa in • Dolvi 5 mtpa expansion JSW Steel
• Aferpi Steel, Italy
Odisha commenced operations
• Acquisition of Asian Colour Coated
• Minority stake in • Acquired Plate & Coil Mill
(c.1mt downstream capacity)
Monnet Ispat Division of Welspun Corp in
Anjar, Gujarat

JSW Steel Corporate Presentation: February 2023 Note: Blue text indicates acquisitions; Years above refer to financial years ending March
33
(a) Southern Iron and Steel Company (b) Amba River Coke Limited (c) Praxair India Private Limited (d) JSW Praxair Oxygen Private Limited
7 Prudent Capital Allocation: Strong Financial Growth
Strong track record of volume growth Track record of Operating Revenues (₹ 000’s Cr)
146.4
12.63 12.56 15.80 16.27 16.69 16.06 15.08 20.34 17.25 119.0
18.93
14.68 15.55 15.60 14.90 14.95 15.51 84.8
12.25 73.2 73.3 79.8
12.03
60.5
53.0
46.0

FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 9M FY23

FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 9M FY23
Consolidated saleable steel sales (mt)b Crude steel production (mt) b

Robust EBITDA Margin through the cycle Cashflow from Operations (₹ 000’s Cr)
17.7% 15.4% 21.9% 20.6% 22.4% 16.2% 25.2% 26.6% 8.9%
31.6
39.0
20.8
17.3
19.0 20.1 13.8 13.9
14.8 8.6
12.2 11.9 10.6 7.1 7.6
9.4 6.4
6.4

FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 9M FY23 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 H1 FY23
EBITDA (₹ 000’s Cr) EBITDA margin (%)
Note: (a) FY18 numbers based on restated financials (b) Production and Consolidated Sales Volume comprises JSW Steel Indian
operations and excludes JV’s. BPSL has been included since H2 FY22 as it became a sub from 1 Oct 2021. Sales volumes are after
JSW Steel Corporate Presentation: February 2023 netting-off inter-company transactions. 34
7 Prudent Capital Allocation: 10 Year TSR CAGR of 25%, and Uninterrupted Dividends
Uninterrupted Dividends
ROCE
29.8%

20.0 17.35
19.6% 19.5% 15.0
16.4%
14.8% 10.0
11.9% 9.6% 5.0
6.3% 0.0

FY11

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY21

FY22
FY15 FY16 FY16 FY18 FY19 FY20 FY21 FY22 Dividend Policy of paying out 15-20% of Consol. Net Profit1

Market cap (₹ Cr) 5 year and 10 year Total Shareholder Return

1,75,160
25%
22%
TSR CAGR (FY 2002-22): 29%

194

31-Mar-02 Current 5 year TSR 10 year TSR

JSW Steel Peer 1 Peer 2 Peer 3

Value-accretive growth through economic cycles

JSW Steel Corporate Presentation: February 2023 Market Cap and Total Shareholder Returns (TSR) as per Bloomberg as of 25th January 2023. Peers are the major listed Indian steel producers. 35
1: Link to JSW Steel Dividend Distribution Policy
8 Debt Profile and Credit Ratings
Net Gearing (ND/Equity) within Leverage (ND/EBITDA) within
the stated cap of 1.75x the stated cap of 3.75x Diversified Funding Sources
1.75x 4.50x
1.38x 1.48x
1.34x 3.75x 3.51x
1.17x 1.09x 2.60x 2.61x Bonds and
2.40x Foreign
0.83x INR debt, debentures
currency Loans and
1.45x 45% , 44%
debt, 55% others,
56%

FY18 FY19 FY20 FY21 FY22 Q3 FY23 FY18 FY19 FY20 FY21 FY22 Q3 FY23

Strong Liquidity and Credit Ratings

• Cash and Cash equivalents of ₹11,176 crore
• Credit Ratings:
o International: Fitch: BB (Stable Outlook) and Moody’s: Ba1 (Stable Outlook)
o Domestic: CARE: AA (Stable Outlook), IndRa: AA (Stable Outlook), ICRA: AA (Stable Outlook)

Debt Profile
• Access to diverse pools of liquidity. Strong relationships with domestic and international banks and financial institutions
• Net Gearing and Leverage within stated caps of 1.75x and 3.75x, respectively
• Successfully raised US$3.69bn through global bond markets since 2014
• Issued global steel industry’s first USD Sustainability Linked Bond in September 2021
• Successfully raised Unsecured Rupee NCDs of Rs.875 crore in December 2022

JSW Steel Corporate Presentation: February 2023 Note: Net Debt/EBITDA on LTM basis 36
 Agenda

Sustainability 5

Overview 8

Key Investment Highlights 13

Digitalisation at JSW Steel 38

Appendix 42

JSW Steel Corporate Presentation: February 2023 37

 Digitalization: JSW’s Approach & Impact Created
Wave 4 and Digital Vision-2026*
Expand and scale Digital to best-in-class:
– Enhance Sales, Marketing, branding,
Customer service and eCommerce
– Existing plants – Continue digital
projects
– New plants – ACCIL, JSW-ISPL, JSW-
BPSL
– Support functions – HR, Finance,
Logistics, Commercial, Capital
projects
– Integrated Control Tower (ICT)
4
extension to other functions

3
– Sustainability and R&D
130+ 6,000+ 400+
We are Digital Assets Employees engaged Digital lighthouses
Wave 3 Created in the digital journey and projects
here
Expanding the art of possible to E2E
plant Digitalisation and other
functions Guiding principles behind Digitalisation
2 Wave 2
Digitalisation of procurement
Agile Value lens Sustenance
E2E Digitalisation of single mfg shop • Fail-fast approach • ROI is the key to “digital • Continuous learning culture
• Continuous investment” • Nurture in-house talent and
Digital in large project management
improvement • Special focus on Safety “Citizen Data Scientists”
1 Wave 1 • Addressing discreet and Sustainability • Promote Horizontal and
problems projects Vertical deployment
Accelerated implementation of select
• Enhancing customer, • Digital PMO and
use cases across value chain
supplier and employee Governance
experience

JSW Steel Corporate Presentation: February 2023 Note:*-Rolling 3 year strategy 38

 JSW Steel’s Digital Focus Areas

Additional Focus Technologies Used

Core Systems (SAP, SalesForce,
Mining Microsoft Azure, DarwinBox), IoT,
AI/ML, Analytics, Cloud/Edge
Computing, RPA, Intelligent Cameras
Safety, Security, Sustainability led
Governance R&D → Leveraging JSW Digital team, Tech
Finance Primary Supply Partners and Startup ecosystem
Focus Chain
End-to-End Functional
Transformation focus
Cultural Integrated
Sales and From point projects to E2E
Manufacturing Transformation Control Tower
Marketing Transformation approach
enabled by platform-driven
strategy

Anticipated Impact People Upskilling

- Target 9000 hours of Digital
Increased Sales Asset Availability Improve Safety and Data Science training in FY23
- Tech sessions, Online courses,
Symposiums enabled through
Cost Optimization Emission Reduction Great Place To Work Cultural Transformation efforts
(GPTW)
JSW Steel Corporate Presentation: February 2023 39
 Digital Solutions for Projects
Digital Initiatives for project monitoring at 5mtpa Vijayanagar expansion

Monthly Drone based analytics report covering:

• Critical/Near critical packages
• Plan, actual and forecasts
• Critical issues requiring attention

3D, 4D and 5D BIM Modelling:

• Virtual model of units
• Monthly simulated plan and actuals
• Schedule to model interlinkages
• Progress update on Model Drone visual of 5mtpa expansion
Web based Digital Dashboard:
• Milestones, Plan and Forecasts
• Issues/concerns, risks
• Action items
• Progress Curves, Photographs

Manual process overhaul:

• Replacement of prior system of manual work inspection
requests to Mobile App based automated workflow
• Daily progress data entry through Mobile App
• System driven DPR generation
Web based Digital Dashboard for new BF

JSW Steel Corporate Presentation: February 2023 40

 Agenda

Sustainability 5

Overview 8

Key Investment Highlights 13

Digitalisation at JSW Steel 38

Appendix 42

JSW Steel Corporate Presentation: February 2023 41

 Global Steel
Crude Steel Production – Jan-Nov (mt) Crude Steel Demand (mt) China Steel Production and Export (mt)
Jan-Nov CY20 Jan-Nov CY21 Jan-Nov CY22 CY21 CY22F (Dec 22) CY23F (Dec 22) China Crude Steel Production (LHS)
150 10
-3.7% -0.5% Exports (RHS)
8
100

1,939
1,691

1,856
1,847
-1.4% 0.6% 6

1,756
-6.4% -1.7%

1,681
4
50
935

986
974
948

965
959

953
897
882
756

2
707
808

0 0
China World ex-China World China World ex-China World Dec-20 Jun-21 Dec-21 Jun-22 Dec-22

HRC Prices US$/t Raw Material Prices (US$/t)

N.America ExW N.Europe ExW Black Sea FOB China FOB Iron Ore 62% Fe HCC Premium LV FOB Aus. (RHS) HCC CFR China (RHS)
2,300
250 800
1,900
200 600
1,500
150 400
1,100

700 100 200

300 50 0
Jan-20 Jul-20 Jan-21 Jul-21 Jan-22 Jul-22 Jan-23 Jan-20 Jul-20 Jan-21 Jul-21 Jan-22 Jul-22 Jan-23

Steel prices improving post sharp correction; high RM prices keeping spreads subdued

JSW Steel Corporate Presentation: February 2023 Source: World Steel Dynamics Dec 2022; Bloomberg, Platts 42
 Indian Steel
Production and Consumption (mt) Steel Imports (mt) Steel Exports (mt)
Q2 FY23 Q3 FY23 Finished Semis Finished Semis
+4.5%
QoQ Trend

+6.0% 2.26 3.74

31.39 0.41
30.04 29.86 +46.6% -26.7%
1.54 1.17
28.17 QoQ QoQ
1.12 0.15
1.80
0.04 1.85 1.32 -64.7%
+101.8% 0.39
1.39 2.58 0.18 YoY
1.09 YoY
1.41 1.14

Crude Steel Production Apparent Steel Consumption Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23

Apparent Steel Consumption (mt) and YoY Growth Monthly Steel Exports (mt) and Imports (mt)
% YoY Change 2.00 1.51
1.58 1.30 Exports
1.09 1.08
-0.1 -3.2 -7.5 -8.2 0.7 -5.3 -0.5 2.8 22.3 6.3 14.2 15.8 11.9 11.0 12.3 8.1 0.95 1.01 0.93
1.00 0.59 0.67
0.54 0.41 0.43 0.48
10.24 10.19 1.07
9.10 9.43 9.10 9.66 9.21 9.61 9.18 9.53 9.46 10.10 9.57
8.45 8.52 8.68
0.00
1.00 Imports
0.88
0.50 0.58 0.69 0.68
0.41 0.47 0.42 0.37 0.49 0.48 0.49
0.39 0.32 0.34 0.40
0.00

Dec-22
Nov-21

Dec-21

Jun-22

Nov-22
Jul-22
Sep-21

Oct-21

Feb-22

Sep-22

Oct-22
Apr-22

Aug-22
Jan-22

Mar-22

May-22

Oct-21

Oct-22
Apr-22
Nov-21

Dec-21

Jun-22

Nov-22

Dec-22
Jul-22
Feb-22

Sep-22
Aug-22
Jan-22

Mar-22

May-22
Healthy domestic demand but rising imports remain a threat
JSW Steel Corporate Presentation: February 2023 Source: Joint Plant Committee 43
 FY23 – Key Strategic Priorities & Outlook

• Committed to Sustainability targets with focus on 5 key areas: Climate Change, Water Security, Waste, Air Emissions,
Biodiversity
• Maintain healthy margins despite challenging external environment:
• Leverage low conversion cost advantage
• Optimise raw material costs by increased usage of Odisha captive ore and optimum blending of coking coal
• Continued focus on value-added and special products
• Remain nimble and adapt to evolving market scenario
• Realise full benefits from 5mt Dolvi-II expansion, BPSL expansion, and expanded downstream capacities
• Focus on delivering next phase of growth: value-accretive 5mtpa brownfield project at Vijayanagar
• Continued focus on adoption of Technology and Digitalisation to create value and drive sustainability
• Committed to maintaining a strong balance sheet and credit ratings

Continued focus on creating shareholder value

JSW Steel Corporate Presentation: February 2023 44

 FY23 Guidance

All fig. in million metric tonnes

FY23
Crude Steel
Particulars Sales
Production
Consolidated Indian Operations 23.60 22.60
Joint Control Entity:
JSW Ispat Special Products Ltd.* 0.70 0.70
Indian Operations incl. Joint Control 24.30 23.30

JSW Steel USA Ohio* 0.70 0.70

Total Combined Volumes 25.00 24.00

* - Given adverse market conditions, we expect slippages in production and sales at JSW Ispat Special Products Ltd and at JSW Steel
USA Ohio from the guidance given earlier

JSW Steel Corporate Presentation: February 2023 45

 Annual Capex Update
Capex guidance for FY23 reduced
to ₹ 15,000 cr in July 2022.
₹ 5,000 cr moved to FY24 & FY25 ₹ crore
Actual Spent
20,000 19,124
14,198
9,728

FY22 FY23 FY24 FY25

Particulars ₹ Cr
Unspent Capex including creditors & acceptance 33,259
Sinter plant and other facilities to support 5mtpa expansion at Vijayanagar 1 5,000
LRPC2 and Other Projects 1,401
Sustenance Capex 4,704
Sub Total 44,364
BPSL: Expansion from 2.75mtpa to 5mtpa in 2 phases & Sustenance Capex 4,488
Total 48,852

JSW Steel Corporate Presentation: February 2023 1: At JSW Vijayanagar Metallics Ltd. (JVML) 2: Low Relaxation Pre-stressed Concrete Steel strands 46
 Key Project Updates - Vijayanagar

5mtpa brownfield project

• Construction activities for all packages underway

• Equipment erection commenced for all packages
• Project to be completed by end of FY24

Coke Oven Plant

• 1.5 mtpa Coke Oven battery: Battery A commissioned in September

2022. Battery B expected commissioning by Q1 FY24
• Capacity enhancement of further 1.5 mtpa to support the 5 mpta
steel-making expansion. Phased commissioning in FY24

Blast Furnace under construction

JSW Steel Corporate Presentation: February 2023 47

 Key Project Updates – BPSL & Other Downstream
Phase-I expansion to 3.5 MTPA

• Phase-I expansion completed

• Ramp-up in progress

Phase-II expansion to 5 MTPA

• Long lead-time items ordered (new Wire Rod Mill-2 and SMS-2, PCI
upgradation for BF-1 & 2, Lime Calcination Plant-6)
• Civil work & Structural Erection work in progress in new Wire Rod
Mill-2 and SMS-2 Project
• Project to be completed by FY24

Other Downstream projects

• 0.25 MTPA Colour Coating line at Rajpura, Punjab: To be
commissioned in Q4 FY23
• 0.12 MTPA Colour Coating line in Jammu & Kashmir: To be
commissioned in FY24
Lime Calcination Plant-4 at BPSL
JSW Steel Corporate Presentation: February 2023 48
 Case study: Turnaround Strategy at JSW Ispat’s Dolvi plant
JSW Steel has a proven track record of identifying, acquiring and integrating assets creating synergies and optimizing costs

Completed initiatives –
December 2010 FY2016 – 2017 FY2018 – 2022
FY2011 – 2015
• Plant under maintenance • Infusion of equity • Capacity expanded to 5 mtpa • Capacity increased to 10 mtpa from 5 mtpa
• Loss making at EBITDA level • Alignment of marketing strategies resulting • Diversified product offering from Flat steel • Major facilities setup include:
• High interest cost in freight synergies and VAT benefits only to mix of Flat and Long steel o 4.5 mtpa Blast furnace with 5 mtpa
• Financially distressed • Reduction of high cost working Steel Melt Shop
capital funding o 5 mtpa Hot Strip Mill
• Refinancing of existing debt
• Electricity sourcing from JSW Energy at
competitive prices
• Commissioning of 4 mtpa pellet plant,
1 mtpa coke oven, waste gas based 55MW
power plant, railway siding, and lime
calcination plant

– Inability to service existing debt

– Exit from CDR – Integrated Steel production
– Inadequate cashflows – Stabilized/ ramped-up the expanded
commenced and ramp up is under
– Generating positive profit after tax capacity
– Corporate debt restructuring (CDR) way
case

Able to leverage an acquisition to maximum value accretion through application of knowledge and experience

JSW Steel Corporate Presentation: February 2023 49

 Awards & Recognitions
• Rated at Leadership Level (A-) by CDP
• JSW Steel included in the Dow Jones Sustainability Index for Emerging
Markets
• WSA Steel Sustainability Champions for 4th consecutive year in 2021
• Corporate Governance & Sustainability Vision Awards 2020 2020 & 2021
• “Steelie Award“ by WSA for Excellence in Life Cycle Assessment for JSW
Neosteel FE550D Grade TMT rebar
• Environmental Product Declarations (EPDs) for all
finished steel products 2019
• GreenPro certification for TMT rebars (JSW Neosteel)
• Recognized as one of the “Steel
Sustainability Champion” by
2018 World Steel Association (2018)
• Deming Prize for Salem Works

• Deming Prize for

Vijayanagar Works
2017 • JSW Steel included in
the NIFTY 50 Index

Golden Peacock
Innovative Product
2016 Award
Mr. Sajjan Jindal
Chairman of World Steel Association
“National Award for Supply Chain and Logistics (2021-22)
2015 Excellence” under the steel industry category by the
Confederation of Indian Industry
First representative from India to
serve in this position
“Industry Leadership Award” in steel, metals and
mining at Platts Global Metals Awards
JSW Steel Corporate Presentation: February 2023 50
43
 Our Steel is Helping Build Key Infrastructure in India

Solar Project: Contributed 9.1 GW High Speed Rail (Mumbai - Ahmedabad)

Wind Project: Contributed 620MW c.90kT supplied

Expressways and Highways: Over 1,145km

Metro Projects: c.41km of metro project of roads. Over 121km of expressways
lines (Mumbai, Pune, Nagpur, Bengaluru, (Dwarka, Purvanchal & Mumbai-Nagpur
Ahmedabad, Chennai, Indore, Kochi & Delhi) Samruddhi)

Sealinks and Bridges: Over 219 km of major

Water Pipelines: c.916 km of water projects (Trans-Harbour Nhava Seva Link-
pipelines across major projects Mumbai, Zuari river eight lane bridge- Goa &
Nadia Bridge- West Bengal)

Oil & Gas Pipelines: c.1,020 km of Nuclear Power Plants: Supplied for
pipelines across major projects Kudamkulam, Tarapur, Kakrapar Power
Projects

Railway Freight Corridors: c.217km of ISRO & Airports (Bangalore, Pune,

railway corridors (Mumbai-Haryana Chennai, Hyderabad, Goa, Gujarat)
WDFC & Ludhiana-West Bengal EDFC)

JSW Steel Corporate Presentation: February 2023 Note: Data pertains to FY22 51
THANK YOU

Investor Relations Contact:

[email protected]