is richly endowed with natural resources that can fuel its future growth. At Vedanta, it is our desire to drive this transforming growth. We are working with all stakeholders, elements transforming elements to unlock India’s vast potential.

vedanta book_Flaps_dp.indd 1 6/23/2017 4:34:58 PM Our initiatives included building schools, hospitals, educating children, Last year we empowering contributed women and US $6 billion to creating skill the countries’ development exchequers, in programmes for the form of taxes the youth in our & royalties, and communities. At invested over US Vedanta, this is not $18 million in social just CSR, it’s good development to business and it is benefit over 2.2 important to plough million people back 75% of wealth globally. created to social good.

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vedanta book_Flaps_dp.indd 2 6/23/2017 4:34:59 PM Empowering Growth

We are a Stock Exchange listed, globally diversified natural resources company with interests in , , Lead, Silver, Power, , Iron , and Oil & Gas. We operate primarily in India and Africa, with our operations spread across four continents.

With our world class assets today, we are among the global leaders in the diversified natural resources industry contributing towards the economic & social development of communities and economies through our operations.

>$11.5 Billion revenue

>US$1.5 Billion strong free cash flow

>$6 Billion paid in taxes & royalties

>2.2 Million people benefited through sustainable development initiatives

>$18 Million investment on community development

A strong workforce of 71,667 employees (direct + indirect)

vedanta book Without Flap_dp Option.indd 1 6/23/2017 5:32:54 PM Our Business

Vedanta’s geographic foothold spans across India, , , South Africa, Ireland and Australia. Its portfolio includes:

ZINC - LEAD – SILVER

India’s leading producer of Zinc-Lead, and the world’s second largest integrated Zinc-Lead producer.

A leading Silver producer globally.

India | Namibia | South Africa | Ireland

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Steady production ramp-up makes us well-positioned for market recovery.

India’s largest producer-exporter in the private sector.

India | West Africa

OIL & GAS

Operates ~26% of India’s oil production.

One of the largest exploration and production companies in India.

India | South Africa

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vedanta book Without Flap_dp Option.indd 3 6/23/2017 5:32:56 PM COPPER

Among the leading copper producers in India, at 0.4 mn tonnes per annum.

Operates one of the most efficient, lowest cost custom copper smelters.

Among Zambia’s largest private sector employers.

Africa | India | Australia

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vedanta book Without Flap_dp Option.indd 4 6/23/2017 5:32:58 PM ALUMINIUM

Leading aluminium producer in India.

Efficient asset operator in the lower half of the cost curve.

Largest capacity in India at 2.3mn tonnes per annum.

India

POWER

Power portfolio of 9 GW.

3.6 GW of commercial power generation capacity, balance for captive usage.

One of the largest producers of wind power in India.

India

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vedanta book Without Flap_dp Option.indd 5 6/23/2017 5:32:58 PM Value Creation in India

We are India’s premier and one of the world’s largest diversified natural resources companies. Our operations in India include our subsidiary, .

We are: India’s market leader in most of the commodities we operate in (FY2017 production):

One of the largest private sector oil and gas companies: ~1,90,000 boepd of oil and gas

World’s Second Largest Zinc-Lead (mined metal) producer: 1,06,3000 tonnes

Largest custom copper smelter and copper rods producer: 4,02,000 tonnes

Largest producer exporter of iron ore in the private sector: 10.9 million tonnes

Largest primary producer of aluminium: 12,13,000 tonnes

Fully operational power portfolio of 9 GW: 12.9 billion kwh

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vedanta book Without Flap_dp Option.indd 6 6/23/2017 5:32:59 PM Vedanta in Africa: a rich past, a richer future

We build strong and sustainable partnerships that enable us to have a greater positive impact on our host communities.

A presence in Africa since 2004: Invested over US$4bn in Africa to date

One of the leading copper (integrated & customs) producers in Zambia: 1,80,000 tonnes

Producing zinc and lead concentrate at Black Mountain (BMM) in South Africa: 70,000 tonnes

Special High Grade zinc metal at in Namibia: 85,000 tonnes

Commenced construction of the US$400m Gamsberg Zinc Project: One of the world’s largest undeveloped zinc sulphide deposits

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vedanta book Without Flap_dp Option.indd 7 6/23/2017 5:33:02 PM Sustainable Development: Synergies with Business Goals

51% of high volume & low effect waste recycled in sustainable applications

375,573 hours of training on Code of Conduct including Human Rights aspects were provided

1,115,562 man-hours of training delivered to employees and contractors on HSE

12,700 employees and contractors trained on risk-based decision making at KCM

3.93 million m3 water savings achieved against target of 2.26 million m3

World-class mine closure of Vedanta’s in Ireland & Sanquelim mines, in leaves a positive legacy

5 star rating for Sustainable Mining given by the Indian Government to the Kaidh mine of Limited and A.Narrain, Codli, mines of Sesa Goa Iron Ore

The Gamsberg project is a ‘No Net Loss’ biodiversity project & in South Africa translocated 87,000 plants

Cairn India’s Raageshwari Gas Terminal crossed the safety milestone of 12 million LTI-free man-hours

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vedanta book Without Flap_dp Option.indd 8 6/23/2017 5:33:04 PM Our Innovation: Leveraging new technology

Fast Tracking Discovery through Advanced Exploration Technologies Deployment

n Data Acquisition with air based surveys

n Data Processing & Interpretation with 3D Modelling & visualisation

n Reserve Resource Geostatistics based 3D estimations

n Highly Experienced Multi-disciplinary Team

n Pioneered the application of 4-D seismic technology in the Indian Sub-continent for Oil & Gas

n Executed one of world’s largest Polymer flood based Enhanced Oil Recovery project

n Operate the world’s longest (~670 km) continuously heated and insulated pipeline for crude oil

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vedanta book Without Flap_dp Option.indd 9 6/23/2017 5:33:04 PM Corporate Social Responsibility

We believe that a shared destiny approach in our business will benefit the community and boost economic prosperity which will create a society that provides equal opportunities, across socio- economic and gender differences.

US$ 18 million contributed 4000 Modern Anganwadis to community to be developed over three years across development, benefiting India. Committed to the Indian Prime Minister’s national vision of eradicating 2.2 million people in India, child malnutrition, providing , Australia and Africa. healthcare and empowering women with skill development, the Anganwadis named Nandghars will benefit 2.5 million community members.

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vedanta book Without Flap_dp Option.indd 10 6/23/2017 5:33:05 PM Over 38,000 benefited from Women empowerment, Entrepreneurship & Skill development initiatives that contribute towards the socioeconomic empowerment of rural women and youth by imparting training which makes them capable of generating income. Agriculture, students Livestock & Livelihood development Over 2,11,000 accessed quality education through programmes focused on improving the schools and colleges across our agrarian economy through up-gradation global locations. of the traditional agricultural practices.

Over 68,500 children were provided fresh and nutritious meals daily, in support of the ’s midday meal program.

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vedanta book Without Flap_dp Option.indd 11 6/23/2017 5:33:07 PM The India of Today

India is blessed with a vibrant democracy, an independent media, entrepreneurial culture and a strong industrial and manufacturing sector which is a large contributor to the Indian economy and is playing a fundamental role in India’s growth story.

India has the potential to be a manufacturing and export powerhouse as well as provide exciting employment for country’s youth.

3rd largest economy (PPP) 3rd largest energy consumer ~7.2% Average annual GDP growth rate (estimated)

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vedanta book Without Flap_dp Option.indd 12 6/23/2017 5:33:11 PM India’s Demand Outlook

India is one of the engines of global economic growth. India’s economic rise since 1991 alongside its growing population, has resulted in a sharp rise in resource needs from products to power and infrastructure.

Rising need of infrastructure, resources and energy

~Us$ 76 billion of oil & gas import bill

~Us$ 500 billion of annual imports

Rising demand for commodities

Despite economic progress, India still has a low per capita consumption of commodities

With economic progress the gap between India’s demand and domestic supply of oil is set to widen

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vedanta book Without Flap_dp Option.indd 13 6/23/2017 5:33:12 PM India’s Potential

India is among the top countries in the world with large reserves of Iron Ore, , Zinc and Coal. The natural resource sector has the potential to add $ 1 trillion to the economy generating significant employment opportunities.

Strong fundamentals will drive India’s demand for commodities: n One of the fastest growing large economies n Increasing pace of urbanisation n Increasing labour force as a percentage of the population n Increasing per capita income n Low per capita consumption of metals and Oil & Gas compared to the world average

Vedanta through its strategically located high quality assets and scalable capacities is well-positioned to leverage the opportunities in India and other emerging economies.

India’s Mineral Wealth

Resources & Reserves

5th Largest Coal: 295 bn tonnes

6th Largest Zinc: 50 mn tonnes

7th Largest Iron Ore: 29 bn tonnes

8th Largest Bauxite: 3.5 bn tonnes

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vedanta book Without Flap_dp Option.indd 14 6/23/2017 5:33:16 PM Our Recent History

1979 Anil Agarwal acquired Shamsher Sterling Corporation through a family firm 1988 Sterlite Industries (India) Ltd. made an initial public offering of its shares and convertible debentures on Indian Stock Exchange 1995 Sterlite Industries Ltd. acquired The Madras Aluminum Company Limited, which had India’s first Aluminum Smelter 1997 Sterlite Industries commissioned first privately developed copper smelter in India at in 1999 Sterlite Industries acquired and Thalanga Copper Mines in Australia 2001 Sterlite Industries acquired a 51% interest in BALCO, a profit making primary Aluminium producer, from the Government of India 2002 Sterlite Industries acquired 65% stake in Hindustan Zinc Ltd. from the Government of India and through an open market offer 2003 became the first Indian Company to be listed on 2004 Vedanta Resources announced $500 million global bond offering. Also acquires 51% stake in in Zambia 2007 Vedanta acquired a 51% controlling stake in Sesa Goa Limited, India’s largest producer-exporter of iron ore 2010 Vedanta acquired portfolio of Zinc assets in South Africa, Namibia & Ireland from 2011 Vedanta acquired 58.5% controlling stake in , the country’s largest private sector Oil & Gas companies 2013 Sterlite Industries and Sesa Goa merger took place in August 2013 and the consolidated group is now called Sesa Sterlite Ltd 2017 Merger of Cairn India Limited and Vedanta is completed in April 2017

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vedanta book Without Flap_dp Option.indd 15 6/23/2017 5:33:22 PM Our Operations

ireland lisheen mine

INDIA

COPPER ALUMINIUM WESTERN CLUSTER ZAMBIA POWER NAMIBIA KONKOLA MINE SCORPION MINE IRON ORE australia south africa - block 1 Mt. lyell mine ZINC SOUTH AFRICA OIL & GAS BLACK MOUNTAIN MINE

PROJECTS UNDER DEVELOPMENT CAPTIVE POWER PLANT INDIA

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1 Silvassa | Copper 2 Tuticorin | Copper, Captive Power Plant & Projects under development 16 12 13 3 Lanjigarh | Aluminium 10 11 (VAL) & Captive Power Plant 14 4 Jharsuguda | Aluminium (VAL), 5 Commercial Power (SEL), Captive 18 4 Power Plant & Projects under 1 3 development 5 Korba | Aluminium, Captive Power Plant & Projects under development 17 13 Rajpura Dariba & Zawar | Zinc- 6 Talwandi Sabo | Power (TSPL) 8 15 Lead-Silver 7 Salem | Power (MALCO) 14 Sindesar Khurd | Zinc-Lead-Silver 8 Goa | Iron Ore (Sesa Goa) & Captive Power Plant 9 | Iron Ore 9 15 (Sesa Goa Operations) Vizag | Zinc-Lead-Silver 7 16 Mangala | Oil & Gas and Projects 10 Debari | Zinc-Lead-Silver under development 11 Chanderiya Dariba | Zinc-Lead- 17 Ravva | Oil & Gas Silver 2 18 Cambay | Oil & Gas and Projects 12 Rampura Agucha | Zinc-Lead-Silver under development

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vedanta book Without Flap_dp Option.indd 21 6/23/2017 5:33:35 PM www.vedantaresources.com | www.vedantalimited.com

@VedantaResources @VedantaLimited @VedantaResources

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