1. N ORTHBRIDGE C APITAL IS AN I NVESTMENT B ANK (C ATEGORY I M ERCHANT B ANK ) REGULATED BY THE SEBI SEBI R EGISTRATION : INM000011500 N ORTHBRIDGE C APITAL INVESTMENT BANK PROFILE

2. N ORTHBRIDGE C APITAL IS A BOUTIQUE I NVESTMENT B ANK (C ATEGORY I M ERCHANT B ANKER ) REGULATED BY SEBI F OUNDED BY A SHU D UTT AND BASED IN M UMBAI WITH A STRONG NETWORK OF PROFESSIONALS ACROSS I NDIA N ORTHBRIDGE C APITAL HAS ASSISTED CLIENTS ACROSS A SIA WITH ADVICE ON ; 1. R AISING EQUITY AND DEBT 2. C ROSS BORDER MERGERS & ACQUISITIONS 3. F INANCIAL ADVISORY SERVICES 4. R ESEARCH N ORTHBRIDGE C APITAL HAS ASSISTED A NUMBER OF COMPANIES IN ACHIEVING THEIR GROWTH STRATEGIES BY ADVISING ON CAPITAL RAISINGS, M&A AND CROSS BOARDER ACTIVITY. O UR RELATIONSHIPS WITH A SIA ' S BUSINESS FOUNDERS / PROMOTERS AND THEIR FAMILIES IS UN - MATCHED IN I NDIA A JV RELATIONSHIP EXISTS WITH H ONG K ONG BASED N ORTHBRIDGE P ARTNERS (A SIA ) A WHOLLY OWNED SUBSIDIARY OF S HORELINE A SIA P ARTNERS H ONG K ONG. T HIS PARTNERSHIP PROVIDES ADDITIONAL STRENGTH IN ADVISING THE FINANCIAL SERVICES, INSURANCE AND COMMODITY / RESOURCES SECTOR W HO IS N ORTHBRIDGE C APITAL

3. CAPITAL RAISING – N ORTHBRIDGE ASSISTS LISTED AND NON - LISTED ENTITIES TO RAISE CAPITAL VIA THE DEBT OR EQUITY MARKET. W E ALSO ASSIST IN INSTITUTIONAL PLACEMENTS STRATEGIC INVESTMENTS – T HIS INCLUDES PRE IPO FUNDING AND SCENARIOS WHERE TRADITIONAL SOURCES OF FUNDING IS NOT LIKELY TO SUCCEED INTRODUCTIONS – A SSISTING FIRMS GAIN ENTRY INTO THE I NDIAN MARKET THROUGH I NDIAN PARTNERSHIPS M INING & OIL & GAS ASSETS – IDENTIFICATION OF GLOBAL ACQUISITION CANDIDATES IN COAL, BASE METALS, IRON ORE, CHROME, CRUDE, LNG MERGER & ACQUISTIONS – N ORTHBRIDGE HAS A SPECIALIST FOCUS IN FINANCIAL SERVICES AND MINING & RESOURCES M&A ACTIVITY W HAT ACTIVITY DOES N ORTHBRIDGE C APITAL SPECIALISE IN A CTIVITY

4. G EOGRAPHICAL REACH W ITH EXTENSIVE RELATIONSHIPS ACROSS A SIA WITH BUSINESS FOUNDERS AND PROMOTERS, N ORTHBRIDGE CAN PROVIDE SPECIALIST SUPPORT AND ADVICE OVER A WIDE GEOGRAPHICAL REACH, INCLUDING ; I NDIA C HINA T HAILAND M ALAYSIA I NDONESIA P HILIPPINES S INGAPORE H ONG K ONG V IETNAM A USTRALIA

5. R ESEARCH C APABILITIES N ORTHBRIDGE HAS A QUALITY TEAM OF EQUITY AND INDUSTRY ANALYSTS THAT PRODUCE RESEARCH FOR INSTITUTIONS ACROSS I NDIA AND A SIA. T HE FOLLOWING SECTORS ARE COVERED BY OUR RESEARCH TEAM C ONSUMER GOODS T ECHNOLOGY F INANCIAL S ERVICES I NSURANCE L IFE S CIENCES I NDUSTRIALS R EAL E STATE C OMMODITIES

6. C LIENT P ROFILES H EALTHCARE F INANCIAL S ERVICES I NDUSTRIALS S CHERING P LOUGH A VENTIS P FIZER I ND S WIFT V ITAL H EALTHCARE S URYA P HARMA S YMBIOTIC P HARMALAB  J UPITER H EALTH S CIENCE  K RISHNA C HILDREN ' S H OSPITAL  D ECCAN M EDICAL C ENTRE  S HASRUT H OSPITAL  P RAYAVI H OSPITALS  OMNI HOSPITALS  VIVA (PHARMACY CHANIN)  G ENERALI C OIGNITION ( A M UNICH RE SUBSIDIARY ) G LOBAL P ORTFOLIO A DVISORS JSW T ATA A DITYA B IRLA G ROUP K ASIKORN B ANK (T HAILAND ) T OP 3 T HAI NON - LIFE INSURANCE GROUP T OP 10 T HAI LIFE INSURANCE GROUP IDBI B ANK S REI F INANCIAL S ERVICES H INDALCO (A DITYA B IRLA ) JSW S TEEL M ONNET I SPAT GMR I NFRASTRUCTURE U TTAM G ALVA UDE L EO D UCT GN A UTO S TANDARD T RACTORS OK P LAY AGIL F REIGHT L OGISTICS S TANDARD T RACTORS D AIRYLANDS L UGANSK G OLD T ITAN INDUSTRIES I NDO RAMA

7. C LIENT P ROFILES ENERGYO IL & GAS JSW J INDAL P OWER P ATEL ENGINEERING R ELIANCE ESSAR J UBILIANT ENERGY J INDAL STEEL M ONNET ISPAT D CM B HUSHAN STEEL U TTAM GALVA DB POWER SREI B HUSHAN STEEL A DITYA BIRLA GROUP T ATA POWER  A DANI EXPLORATION B HARAT PETRORESOURCES J UBILIANT ENERGY V ECTRA ENERGY R ELIANCE E SSAR OIL HINDUSTAN PETROLEUM S HIV VANI OIL

8. C LIENT P ROFILES METALS R EAL ESTATE / HOSPITALITY A DITYA BIRLA GROUP T ATA STEEL T ATA INTERNATIONAL M ONNET J SW STEEL J INDAL STEEL  P ARSVANATH A RIHANT SUPERSTRUCTURE B LUE COAST HOTELS O RBIT G OEL GANGA FORTUNE

9. C LIENT P ROFILES POWER R ETAIL / CONSUMER W ELLSPUN POWER I NDO RAMA POWER PATEL S REI INFRASTRUCTURE  F UTURE GROUP S URYA PHARMA

10. K EY T EAM M EMBERS A SHU D UTT BBA MBA CPA M ANAGING D IRECTOR N ORTHBRIDGE C APITAL I NDIA A MIT J AIN BC OM MBA H EALTHCARE & L IFE SCIENCES N EHA J AISWAL BS C MBA I NDUSTRIAL & C ONSUMER R AKESH K OLAPKA BE NG H EALTHCARE & L IFE SCIENCES Y ESHA M EHTA B COM MBA R EAL ESTATE & F INANCIAL S ERVICES T HE N ORTHBRIDGE TEAM BRINGS MANY YEARS OF EXPERIENCE AND PROVEN EXPERTISE TO ANY PROJECT THAT IT UNDERTAKES. T HE N ORTHBRIDGE TEAM HAVE AN EXCEPTIONAL REGIONAL ( AND GLOBAL ) NETWORK OF ASSOCIATES AND PARTNER SPECIALISTS, TO BRING ADDITIONAL OR SPECIALIST CAPABILITY AND SKILL SETS TO EACH CLIENT AND PROJECT AS NECESSARY. N ORTHBRIDGE C APITAL M UMBAI

11. A SHU D UTT – M ANAGING D IRECTOR, N ORTHBRIDGE C APITAL, M UMBAI I NDIA A SHU IS THE M ANAGING D IRECTOR AND FOUNDER OF THE BOUTIQUE INVESTMENT BANK N ORTHBRIDGE C APITAL AND D UTT C APITAL A DVISORS, AN INVESTMENT MANAGEMENT FIRM ( REGISTERED AS A P ORTFOLIO M ANAGER WITH THE S ECURITIES & E XCHANGE B OARD OF I NDIA ). A SHU HAS ADVISED SOME OF THE WORLD ' S LARGEST CORPORATIONS ON PARTNERSHIPS AND ENTRY INTO I NDIA. A SHU ALSO BRINGS AN ENVIABLE AND SIGNIFICANT NETWORK OF PERSONAL AND BUSINESS RELATIONSHIPS WITH SOME OF A SIA ' S MOST POWERFUL AND WEALTHY BUSINESS PROMOTERS AND FAMILIES. A SHU HAS HAD A PRESTIGIOUS CAREER IN FINANCIAL MEDIA AND IS ONE OF THE MOST POPULAR AND RESPECTED MEDIA PERSONALITIES IN I NDIA. A S THE F INANCIAL M ARKETS E DITOR WITH CNBC HE WAS ANCHOR / ADVISOR FOR ITS BENCHMARK LIVE MARKETS PROGRAMMING. H E HAS BEEN C HIEF C ONSULTING E DITOR WITH B LOOMBERG. H E IS ALSO A BEST SELLING FINANCIAL LITERATURE AUTHOR. P REVIOUSLY A SHU WAS THE CEO AT D UTT S TOCK B ROKING L IMITED (M EMBER, N ATIONAL S TOCK E XCHANGE & OTC E XCHANGE OF I NDIA ), AN INSTITUTIONAL BROKER AND EQUITIES RESEARCH HOUSE. D UTT S TOCK B ROKING L IMITED WAS LISTED FOR 3 CONTINUOUS YEARS IN THE “W HO ' S W HO IN A SIAN E QUITIES ”- A WIDELY FOLLOWED BENCHMARK USED BY INSTITUTIONAL INVESTORS FOR SELECTING QUALITY BROKERAGE HOUSES IN A SIAN COUNTRIES. A SHU IS A C ERTIFIED P UBLIC A CCOUNTANT, HOLDS AN MBA AND A BBA ( SUMMA CUM LAUDE ) IN FINANCE AND INVESTMENTS FROM B ERNARD M. B ARUCH C OLLEGE, C ITY U NIVERSITY OF N EW Y ORK. P ROFILE

12. D ISCLAIMER N ORTHBRIDGE C APITAL IS AN INVESTMENT BANK (C ATEGORY I M ERCHANT B ANKER ) REGULATED BY THE S ECURITIES & E XCHANGE B OARD OF I NDIA. SEBI R EGISTRATION : INM000011500 E VERYTHING CONTAINED IN THIS PRESENTATION IS PREPARED FOR INSTITUTIONAL INVESTORS ONLY OR THOSE AUTHORISED BY N ORTHBRIDGE C APITAL A LL TRANSACTIONAL RELATED SUPPORT IN ONE OR MORE OF THE ABOVE JURISDICTIONS IS PROVIDED BY AN INVESTMENT BANK AND / OR FIRM HOLDING APPROPRIATE LICENSES AS REQUIRED BY LOCAL JURISDICTION IN THESE MARKETS N OTHING IN THIS PRESENTATION SHOULD BE CONSTRUED AS SOLICITATION TO BUY OR SELL ANY SECURITY