CORPORATE PRESENTATION September 2018

1 CORPORATE PRESENTATION . September 2018. 1. Header Goes Executive Here Summary MEP Infrastructure Developers Ltd (MEP) group, is an integrated road infrastructure developer and is a key player for HAM,OMT and Toll Collection projects in India. Company CompanyOverview Overview Founded in 2002 by promoters Lt Shri Dattatray Mhaiskar and Shri Jayant Mhaiskar, MEP commenced operations with toll collection at five entry points to Mumbai. MEP further added a portfolio of various Toll collection &OMT projects to be executed over Short and Long term. The Company has evolved into a road developer with the win of six HAM projects in 2016 and further addition of four more HAM projects in March 2018. Business Mix as on 31 Mar 2018 Tolling Projects Operate Maintain Hybrid Annuity Model Build Operate Transfer 3 Long Term (LT) and Transfer (OMT) (HAM) (BOT).

2 3 Short Term (ST) Managing 3 OMT 10 HAM projects in 1 Long term BOT. Tolling projects under projects across India Maharashtra (8) and project with Toll management pan Covering 1,182 lane Gujarat (2) Revenues under India kms and 9 toll plazas Worth INR 79,417 Mn management 127 Toll Plazas across (USD 1221 Mn) covering Covering bridge, Ring 4 states 2,144 lane kms Road and 5 toll plazas Two of the largest Toll collection contracts in the country- at the five Entry Points to Mumbai and at 124 entry Key Projects points to Delhi for a period of 16 and 5 years, until 2026 and 2022, respectively OMT project in Andhra Pradesh located on NH 7. Toll collection projects such as HRBC- Vidya-sagar Setu in Kolkata Ten HAM projects (8 in Maharashtra and 2 in Gujarat) covering 2,144 lane kms Hybrid ETC and Toll Management systems at state of the art, Eastern Peripheral Expressway Financials Total Revenue from Operations* at INR 17,291 Mn in FY17.

3 Net Profit* at INR 1,089 Mn in FY17;. Cash Profit* at INR 2,062 Mn in FY17;. Source :Road Development in India 2018; * FY17 Financials are presented under Ind-AS 2. Header Goes Company ProfileHere Revenue Mix FY18. MEP has evolved into an integrated road Infrastructure developer, having operations in Toll collections & OMT projects together with its entry into construction with the win of six major Hybrid Annuity Model (HAM) projects. EPC, The company has successful track record of 16 years and has successfully executed and operated projects in 15 states across India. LT, As of 31st August 2018,the company has executed more than 140 projects over the years and has completed 120 projects including 222 toll plazas and 1,393 lanes MEP is backed by a experienced promoter and professional management team.

4 MEP's foray into road development / construction by participating in Hybrid Annuity Model OMT, road projects is through its Joint Venture with Sanjose India Infrastructure & Construction ST, Pvt. Ltd. which is a reputed multinational infrastructure development company. As of 30th June 2018 MEP had a workforce , MEP has a strong workforce of 6,312. employees that include 3,762 employees on MEP's payroll and 2,550 contracted workers possessing civil and technical competencies covering the entire value chain. 25,000 23,220. 20,000. 17,291. 15,000. Key clients 10,000. MUMBAI JNPT 5,000. PORT ROAD COMPANY LIMITED - FY17 FY18. Short Term Long Term 3. Header Goes Here COMPANY OVERVIEW. COMPANY OVERVIEW. 4. Header Goes Here Key Milestones Bagged Rajiv Gandhi sea Link project for the 3rd time Crossed INR 10,000 mn of Commenced EPC on four HAM projects revenue in a single Listed on BSE and Bagged Toll & ECC collection contract at Delhi financial year (FY 12) for NSE on 6th May, 2015.

5 Entry Points the first time with an IPO of INR. 3,240 mn Achieved early project completion milestone for Launched Electronic Toll Mahuva Kagavadar HAM project in Gujarat (79. Collection at the Rajiv Awarded various toll Awarded the Mumbai Entry Points days in advance Gandhi Sea Link collection and toll Projects on OMT basis for 16 years maintenance with an upfront payment of Awarded two long term toll projects through 2017. INR 21,000 mn collection projects and consortium Awarded 5 years long term Hyderabad-Bangalore OMT project 2018. project in Rajasthan by RIDCOR. and started toll collections Achieved 2nd milestone through NHAI across multiple 2015 completion on Nagpur states in India Package I& II HAM project 2012 Won 4 new HAM projects 2016 in Maharashtra worth INR.)

6 Started collection of 41,047 mn covering 1084. toll at the five entry 2010 MEPIDL (in JV with lane kms points to Mumbai for 2013-14 Sanjose India) forayed QIP of fresh issue of cr 6 years from into road 1,060 lane- shares against raise of December 2002 kms worth INR 38, mn mn. development with Hybrid ETC and Toll Hybrid Annuity model Awarded a 3-year OMT Mangement systems at 2009 2011 projects contract by MSRDC for Rajiv The Eastern Peripheral 2002 Won 6 HAM projects in Expressway (EPE). The EPE. Gandhi Sea Link in Mumbai Maharashtra and is considered a world class Awarded multiple OMT projects Gujarat in March-June Started collection of expressway with state of Acquired BTPL BOT project and tolling collection projects in 2016. toll at the Rajiv Gandhi the art infrastructure in Maharashtra for INR Tamil Nadu, Andhra Pradesh Sea Link toll plaza from and Maharashtra mn July 2009 until February Sanjose India: Sanjose India Infrastructure & Construction Pvt.

7 Ltd. 2014 5 MSRDC Maharashtra State Road Development Corporation Limited Header Goes Diversified Here Project Portfolio and Geographical Presence Current Portfolio Across Six States In India Current Project Mix Long Short Location OMT Term Term HAM BOT Total Toll Toll Maharashtra 2 1 - 8 1 12. Delhi Tamil Nadu - - 3 - - 3. Gujarat - - - 2 - 2. West West Bengal - 1 - - - 1. Gujarat Bengal Andhra Pradesh 1 - - - - 1. Maharashtra Delhi 1 1. Toll Collection Short Term Total 3 3 3 10* 1 20. Andhra Pradesh Toll Collection Long Term OMT Projects Long Term Company's ability to manage multiple projects across different locations provides a significant advantage to HAM Projects Long Term efficiently manage its growth and expansion BOT Projects Long Term Tamil Nadu MEP Infrastructure Developers Ltd Long Jian JV won 4 new HAM projects in Maharashtra in March 2018.

8 The company has achieved financial closure commenced execution all 6 HAM projects previously held. The company has also achieved 1 st milestone flor 3 projects 6. Header Goes CORPORATE Here Structure MEP Infrastructure Developers Limited Long Term BOT/Other Subsidiaries &. OMT Projects HAM Projects HAM Projects Toll Collection Projects Associates MIPL - MEP Infrastructure RTBPL - Rideema Toll Bridge Arawali Kante Ausa Chakur Private Limited ( ) RTPL - Rideema Toll Private Limited Private Limited (100%) MEPIDL San Jose India JV MEPIDL Long Jian JV. (Mumbai Entry Points (100%). (Vidyasagar Setu Project) MEPIDL's stake 74% MEPIDL's stake 51%. Project). BTPL - Baramati Tollways Private MEP RGSL - MEP RGSL Toll Nagpur Package I Chakur Loha Limited ( ) (BOT Project). Bridge Private Limited DEP Delhi Entry Point MEPIDL San Jose India JV MEPIDL Long Jian JV (Baramati Project).

9 (100%) (Rajiv Gandhi Sea project (100%)* MEPIDL's stake 74% MEPIDL's stake 51%. Link Project) MEP HS - MEP Highway Solutions Nagpur Package I I Loha Warang Private Limited (100%). MEP HB - MEP Hyderabad MEPIDL San Jose India JV MEPIDL-Long Jian JV. Bangalore Toll Road Private MEPIDL's stake 74% MEPIDL's stake-51% # KVM - KVM Technology Solutions Limited (100%). (Hyderabad Bangalore Private Limited (33% ) ( Toll Project) Kante Waked Vadape Thane Management systems, Plaza MEPIDL-San Jose India JV MEPIDL - Long JianJV Surveillance, Weight enforcement MEPIDL's stake-74 % MEPIDL's stake 51% system for Public Funded Projects ). 5. Talaja Mahuva MTPL - MEP Tormato Private Limited MEPIDL-San Jose India JV (100%). MEPIDL's stake-60% MEP Infraprojects - MEP Infraprojects Private Limited (100%).

10 Mahuva 10. Kagavadar Vadape Thane MEPIDL-San MEPIDL Jose - Long India JV. JianJV. stake-60%. MEPIDL's stake 51%. # Represents Associate The Delhi entry point project is operated by parent entity-MEPIDL. The above structure represents our existing operative & forthcoming companies as on March 31, 2018 7. Header Goes Experienced Here and Board Of Directors Promoters Name & Designation Experience Jayant D. Mhaiskar Founding Director and Promoter of the Company Chairman &. 20 years of experience in the Tolling and Infrastructure industry Managing Director Sudha D Mhaiskar Additional Director She holds BSC degree in Home science from S N D T College, Mumbai She has over 40 years of experience in the field of administration. Non Executive Anuya J Mhaiskar Bachelors degree in Arts with major in Philosophy from Ramnarain Ruia College, University of Mumbai Non Independent and Non 18 years of experience in the field of administration.